REFILE-BRIEF-Apache enters into executive retirement agreement with Steven Farris
January 23, 2015 at 17:23 PM EST
(Corrects spelling of "agreement" in headline) Jan 23 (Reuters) - Apache Corp : * Says on January 19, co and Steven Farris entered into an executive retirement agreement - SEC filing * Farris will receive continued payment of current base salary of $1.75 for thirty-six months following retirement date * Says lump sum payment of $1.4 million to be paid to Farris within 30 days after retirement date * Farris will receive payments of $2.6 million on each of date that is tenth day of the seventh