Common use of Retention Award Clause in Contracts

Retention Award. Executive shall be granted a retention award in the amount of $1,808,900 (the "Retention Award"). The Retention Award shall be paid part in cash (the "Cash Portion") and part in phantom partnership units of MPLX LP (the "Equity Portion") .

Appears in 1 contract

Samples: Retention Agreement (MPLX Lp)

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Retention Award. Executive shall be granted a retention award in the amount of $1,808,900 1,268,234 (the "Retention Award"). The Retention Award shall be paid part in cash (the "Cash Portion") and part in phantom partnership units of MPLX LP (the "Equity Portion") .

Appears in 1 contract

Samples: Retention Agreement (MPLX Lp)

Retention Award. Executive shall be granted a retention award in the amount of $1,808,900 1,992,160 (the "Retention Award"). The Retention Award shall be paid part in cash (the "Cash Portion") and part in phantom partnership units of MPLX LP (the "Equity Portion") ).

Appears in 1 contract

Samples: Award Agreement (MPLX Lp)

Retention Award. Executive shall be granted a retention award in the amount of $1,808,900 1,746,800 (the "Retention Award"). The Retention Award shall be paid part in cash (the "Cash Portion") and part in phantom partnership units of MPLX LP (the "Equity Portion") ).

Appears in 1 contract

Samples: Retention Agreement (MPLX Lp)

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Retention Award. Executive shall be granted a retention award in the amount of $1,808,900 1,992,160 (the "Retention Award"). The Retention Award shall be paid part in cash (the "Cash Portion") and part in phantom partnership units of MPLX LP and restricted stock units of Marathon Petroleum Corporation (the "Equity Portion") ”).

Appears in 1 contract

Samples: Award Agreement (Marathon Petroleum Corp)

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