Common Contracts
2 similar Performance Unit Award Agreement contracts by Marathon Petroleum Corp
MARATHON PETROLEUM CORPORATION PERFORMANCE UNIT AWARD AGREEMENTPerformance Unit Award Agreement • May 7th, 2020 • Marathon Petroleum Corp • Petroleum refining
As evidenced by this Award Agreement and under the Amended and Restates Marathon Petroleum Corporation 2012 Incentive Compensation Plan (the “Plan”), Marathon Petroleum Corporation (the “Corporation”) has granted to [NAME] (the “Participant”), an employee of the Corporation or a Subsidiary, on [DATE] (the “Grant Date”), [NUMBER] performance units (“Performance Units”), conditioned upon the Corporation’s TSR ranking relative to the Peer Group for the Performance Cycle as established by the Compensation Committee of the Board of Directors of the Corporation (the “Committee”), and as set forth herein. The Performance Units are subject to the following terms and conditions:
MARATHON PETROLEUM CORPORATION PERFORMANCE UNIT AWARD AGREEMENT 2019 – 2021 PERFORMANCE CYCLEPerformance Unit Award Agreement • May 9th, 2019 • Marathon Petroleum Corp • Petroleum refining
As evidenced by this Award Agreement and under the Amended and Restates Marathon Petroleum Corporation 2012 Incentive Compensation Plan (the “Plan”), Marathon Petroleum Corporation (the “Corporation”) has granted to [NAME] (the “Participant”), an employee of the Corporation or a Subsidiary, on [DATE] (the “Grant Date”), [NUMBER] performance units (“Performance Units”), conditioned upon the Corporation’s TSR ranking relative to the Peer Group for the Performance Cycle as established by the Compensation Committee of the Board of Directors of the Corporation (the “Committee”), and as set forth herein. The Performance Units are subject to the following terms and conditions:
