================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) DECEMBER 7, 2004 OCCIDENTAL PETROLEUM CORPORATION (Exact name of registrant as specified in its charter) DELAWARE 1-9210 95-4035997 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 10889 WILSHIRE BOULEVARD LOS ANGELES, CALIFORNIA 90024 (Address of principal executive offices) (ZIP code) Registrant's telephone number, including area code: (310) 208-8800 ================================================================================ Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS Item 1.01. Entry into a Material Definitive Agreement - ---------- ------------------------------------------ On December 7, 2004, Occidental Petroleum Corporation amended its Supplemental Retirement Plan (the "Plan") to cease certain accruals under the Plan effective December 31, 2004. The amendment is filed as Exhibit 10.1 to this Form 8-K. 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. OCCIDENTAL PETROLEUM CORPORATION (Registrant) DATE: December 8, 2004 S. P. Dominick, Jr. -------------------------------------------------- S. P. Dominick, Jr., Vice President and Controller (Chief Accounting and Duly Authorized Officer) EXHIBIT INDEX 10.1 Amendment Number 2 to the Occidental Petroleum Corporation Supplemental Retirement Plan (As Amended and Restated Effective January 1, 1999 Reflecting Amendments Effective through March 1, 2001)
EXHIBIT 10.1 AMENDMENT NUMBER 2 TO THE OCCIDENTAL PETROLEUM CORPORATION SUPPLEMENTAL RETIREMENT PLAN (As Amended and Restated Effective January 1, 1999 Reflecting Amendments Effective through March 1, 2001) The Occidental Petroleum Corporation Supplemental Retirement Plan ("Plan"), Amended and Restated effective January 1, 1999 Reflecting Amendments Effective through March 1, 2001), is hereby amended as of December 31, 2004, as follows: 1. A new Section 4.11, relating to "Cessation of Employer Accruals" is added to the end of Article 4 as follows: 4.11 Cessation of Employer Accruals. Effective December 31, 2004, the allocations (except any applicable interest credits) relating to the Retirement Plan, the Savings Plan, and the Deferred Compensation Plan as described above in sections 4.1, 4.2 and 4.3, respectively, shall cease. 2. Except as amended above, the Plan as in effect prior to this amendment shall continue unchanged. * * * * * * * * * * IN WITNESS WHEREOF, the Company has caused this amendment to be signed on its behalf by its duly authorized officer this 7th day of December, 2004. OCCIDENTAL PETROLEUM CORPORATION By /s/ RICHARD W. HALLOCK ------------------------------------------ Its Executive Vice President - Human Resources ------------------------------------------