Common use of Officer Clause in Contracts

Officer. Pursuant to this Award Agreement and the Marathon Oil Corporation 2007 Incentive Compensation Plan (the “Plan”), MARATHON OIL CORPORATION (the “Corporation”) hereby grants to [NAME] (the “Participant”), an employee of the Corporation or a Subsidiary, on February 24, 2010, [NUMBER] performance units (“Performance Units”), conditioned upon the Corporation’s TSR Percentile Ranking for the 2010-2012 Performance Cycle. The Performance Units are subject to the following terms and conditions:

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Marathon Oil Corp), Performance Unit Award Agreement (Marathon Oil Corp)

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Officer. Pursuant to this Award Agreement and the Marathon Oil Corporation 2007 Incentive Compensation Plan (the “Plan”), MARATHON OIL CORPORATION (the “Corporation”) hereby grants to [NAME] (the “Participant”), an employee of the Corporation or a Subsidiary, on February 24July 27, 20102011, [NUMBER] performance units (“Performance Units”), conditioned upon the Corporation’s TSR Percentile Ranking for the 2010-July 2011 – December 2012 Performance Cycle. The Performance Units are subject to the following terms and conditions:

Appears in 1 contract

Samples: Performance Unit Award Agreement (Marathon Oil Corp)

Officer. Pursuant to this Award Agreement and the Marathon Oil Petroleum Corporation 2007 Amended and Restated 2011 Incentive Compensation Plan (the “Plan”), MARATHON OIL PETROLEUM CORPORATION (the “Corporation”) hereby grants to [NAME] (the “Participant”), an employee of the Corporation or a Subsidiary, on February 24July 1, 20102011, [NUMBER] performance units (“Performance Units”), conditioned upon the Corporation’s TSR Percentile Ranking for the 2010-2012 Performance Cycle. The Performance Units are subject to the following terms and conditions:

Appears in 1 contract

Samples: Marathon Petroleum Corp

Officer. Pursuant to this Award Agreement and the Marathon Oil Corporation 2007 Incentive Compensation Plan (the “Plan”), MARATHON OIL CORPORATION (the “Corporation”) hereby grants to [NAME] (the “Participant”), an employee of the Corporation or a Subsidiary, on February 24July 27, 20102011, [NUMBER] performance units (“Performance Units”), conditioned upon the Corporation’s TSR Percentile Ranking for the 2010-2012 July 2011 – December 2013 Performance Cycle. The Performance Units are subject to the following terms and conditions:

Appears in 1 contract

Samples: Performance Unit Award Agreement (Marathon Oil Corp)

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Officer. Pursuant to this Award Agreement and the Marathon Oil Corporation 2007 Incentive Compensation Plan (the “Plan”), MARATHON OIL CORPORATION (the “Corporation”) hereby grants to [NAME] (the “Participant”), an employee of the Corporation or a Subsidiary, on February 2428, 20102012, [NUMBER] performance units (“Performance Units”), conditioned upon the Corporation’s TSR Percentile Ranking for the 20102012-2012 2014 Performance Cycle. The Performance Units are subject to the following terms and conditions:

Appears in 1 contract

Samples: Performance Unit Award Agreement (Marathon Oil Corp)

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