Common use of Determination of Payout Percentage Clause in Contracts

Determination of Payout Percentage. As soon as practical following the close of the July 2011 – December 2013 Performance Cycle, the Committee shall determine the TSR Percentile Ranking. Thereafter, the Committee shall determine the Payout Percentage as follows:

Appears in 2 contracts

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

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Determination of Payout Percentage. As soon as practical following the close of the July 2011 – December 2013 2010-2012 Performance Cycle, the Committee shall determine the TSR Percentile Ranking. Thereafter, the Committee shall determine the Payout Percentage as follows:

Appears in 2 contracts

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

Determination of Payout Percentage. As soon as practical following the close of the July 2011 – December 2013 2012 Performance Cycle, the Committee shall determine the TSR Percentile Ranking. Thereafter, the Committee shall determine the Payout Percentage as follows:

Appears in 2 contracts

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

Determination of Payout Percentage. As soon as practical following the close of the July 2011 – December 2013 2007-2009 Performance Cycle, the Committee shall determine the TSR Percentile Ranking. Thereafter, the Committee shall determine the Payout Percentage as follows:

Appears in 1 contract

Samples: Performance Unit Award Agreement (Marathon Oil Corp)

Determination of Payout Percentage. As soon as practical following the close of the July 2011 – December 2013 2005-2007 Performance Cycle, the Committee shall determine the TSR Percentile Ranking. Thereafter, the Committee shall determine the Payout Percentage as follows:

Appears in 1 contract

Samples: Performance Unit Award Agreement (Marathon Oil Corp)

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Determination of Payout Percentage. As soon as practical following the close of the July 2011 – December 2013 2012-2014 Performance Cycle, the Committee shall determine the TSR Percentile Ranking. Thereafter, the Committee shall determine the Payout Percentage as follows:

Appears in 1 contract

Samples: Performance Unit Award Agreement (Marathon Oil Corp)

Determination of Payout Percentage. As soon as practical following the close of the July 2011 – December 2013 Performance Cycle, the Committee shall determine the TSR Percentile Ranking. Thereafter, the Committee shall determine the Payout Percentage as follows:

Appears in 1 contract

Samples: Marathon Petroleum Corp

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