Excess Benefit Retirement Plan

Exhibit 10(b)(b)


FIRST AMENDMENT

TO THE

HEWLETT-PACKARD COMPANY

EXCESS BENEFIT RETIREMENT PLAN


The Hewlett-Packard Company Excess Benefit Retirement Plan (the " Plan" ) is hereby amended as follows:


1. Effective November 1, 2000, Section 2(g) is amended to read :


(g) " PFR Plan" means the Hewlett-Packard Company Executive Pay-for-Results Plan or the Hewlett-Packard Company Pay-for-Results Short-Term Bonus Plan, as applicable, as such plans may be amended from time to time.


2. Effective November 1, 2000, the last clause of Section 2(m) is amended to replace the term " Short-Term Bonus" with the term " bonus."


3. ...