Common use of Termination of Exchange Agreements Clause in Contracts

Termination of Exchange Agreements. Each of the following delivery points is an exchange terminal at which petroleum products are made available to Chevron pursuant to a product exchange agreement between Chevron and a third party: AUSTIN TX TRM FLINT HILLS RES BROWNSVILLE TX TRM CITGO CORPUS CHRISTI TX TRM FLNT HIL HARLINGEN TX TRM VALERO HEARNE TX TRM EXXONMOBIL LAREDO TX TRM VALERO SAN ANTONIO TX TRM FLINT HILL VICTORIA TX TRM CITGO PASADENA TX TRM XXXXXX XXXXXX CADDO XXXXX TX TRM XXXXXX CENTER TX TRM EXXONMOBIL SAN ANTONIO TX TRM CITGO ODESSA TX TRM MAGELLAN SAN ANGELO TX TRM PRIDE ABERNATHY TX TRM VALERO BEAUMONT TX TRM EXXONMOBIL Each such exchange agreement is terminable at any time by either party thereto without cause upon short notice – typically thirty (30) to sixty (60) days’ notice. If any such exchange agreement is terminated by either party thereto (and Chevron may do so in its absolute discretion), Chevron may terminate its obligations under section 4 of this agreement to deliver petroleum products to Marketer at the applicable delivery point upon giving Marketer ninety (90) days’ prior written notice of such termination or, if it would not be reasonable for Chevron to give ninety (90) days’ prior written notice, at Chevron’s election upon giving Marketer prior notice of such lesser period as is reasonable in the circumstances. If Chevron’s obligations to make deliveries at a particular delivery point are terminated pursuant hereto, Chevron’s maximum sales obligation under section 3 of this agreement for each product previously delivered to Marketer at that delivery point shall be reduced by the maximum percentage of Chevron’s maximum sales obligation for each such product available to Marketer at that delivery point as set forth in section 4 of this agreement.

Termination of Exchange Agreements. Each of the following delivery points is an exchange terminal at which petroleum products are made available to Chevron ChevronTexaco pursuant to a product exchange agreement between Chevron ChevronTexaco and a third party: AUSTIN TX TRM FLINT HILLS RES BROWNSVILLE TX TRM CITGO CORPUS CHRISTI TX TRM FLNT HIL HARLINGEN TX TRM VALERO HEARNE TX TRM EXXONMOBIL LAREDO TX TRM VALERO SAN ANTONIO TX TRM FLINT HILL VICTORIA TX TRM CITGO PASADENA TX TRM XXXXXX XXXXXX CADDO XXXXX TX TRM XXXXXX CENTER TX TRM EXXONMOBIL SAN ANTONIO TX TRM CITGO ODESSA TX TRM MAGELLAN SAN ANGELO TX TRM PRIDE ABERNATHY TX TRM VALERO BEAUMONT TX TRM EXXONMOBIL Austin Tx Trm Xxxx Brownsville Tx Trm Citgo Corpus Christi Tx Trm Xxxx Harlingen Tx Trm Valero Hearne Tx Trm Exxonmobil Victoria Tx Trm Citgo Houston Tx Trm Valero Refining Pasadena Tx Trm Xxxxxx Xxxxxx Each such exchange agreement is terminable at any time by either party thereto without cause upon short notice – typically thirty (30) to sixty (60) days’ notice. If any such exchange agreement is terminated by either party thereto (and Chevron ChevronTexaco may do so in its absolute discretion), Chevron ChevronTexaco may terminate its obligations under section 4 of this agreement to deliver petroleum products to Marketer Jobber at the applicable delivery point upon giving Marketer Jobber ninety (90) days’ prior written notice of such termination or, if it would not be reasonable for Chevron ChevronTexaco to give ninety (90) days’ prior written notice, at ChevronChevronTexaco’s election upon giving Marketer Jobber prior notice of such lesser period as is reasonable in the circumstances. If ChevronChevronTexaco’s obligations to make deliveries at a particular delivery point are terminated pursuant hereto, ChevronChevronTexaco’s maximum sales obligation under section 3 of this agreement for each product previously delivered to Marketer Jobber at that delivery point shall be reduced by the maximum percentage of ChevronChevronTexaco’s maximum sales obligation for each such product available to Marketer Jobber at that delivery point as set forth in section 4 of this agreement.

Termination of Exchange Agreements. Each of the following delivery points is an exchange terminal at which petroleum products Products are made available to Chevron pursuant to a product exchange agreement between Chevron and a third party: XXXXXXXXX TX TRM VALERO AUSTIN TX TRM FLINT HILLS RES BROWNSVILLE TX TRM CITGO CADDO XXXXX TX TRM XXXXXX CENTER TX TRM SUNOCO CORPUS CHRISTI TX TRM FLNT HIL HARLINGEN TX TRM VALERO HEARNE TX TRM EXXONMOBIL SUNOCO LAKE CHARLES LA TRM CITCO LAREDO TX TRM VALERO ODESSA TX TRM MAGELLAN SAN ANGELO TX TRM PRIDE SAN ANTONIO TX TRM CITGO SAN ANTONIO TX TRM FLINT HILL VICTORIA TX TRM CITGO PASADENA TX TRM XXXXXX XXXXXX CADDO XXXXX EL PASO TX TRM XXXXXX CENTER TX TRM EXXONMOBIL SAN ANTONIO TX TRM CITGO ODESSA TX TRM MAGELLAN SAN ANGELO TX TRM PRIDE ABERNATHY TX TRM VALERO WESTERN REF BEAUMONT TX TRM EXXONMOBIL SUNOCO HOUSTON TX TRM TEPPCO EULESS TX TRM DIRECT FUELS Each such exchange agreement is terminable at any time by either party thereto without cause upon short notice – typically thirty (30) 30 to sixty (60) 60 days’ notice. If any such exchange agreement is terminated by either party thereto (and Chevron may do so in its absolute discretion), Chevron may terminate its obligations under section sections 3 and 4 of this agreement to deliver petroleum products Products to Marketer at the applicable delivery point upon giving Marketer ninety (90) 90 days’ prior written notice of such termination or, if it would not be reasonable for Chevron to give ninety (90) 90 days’ prior written notice, at Chevron’s election upon giving Marketer prior notice of such lesser period as is reasonable in the circumstances. If Chevron’s obligations to make deliveries at a particular delivery point are terminated pursuant heretoto this section 15(a), Chevron’s maximum sales Chevron shall have no obligation to make up the resulting reduction in the quantity of Products which Chevron is obligated to supply to Marketer under section 3 nor shall Chevron have any obligation to supply additional quantities of this agreement for each product previously delivered Products to Marketer at that any other delivery point shall be reduced by the maximum percentage of Chevron’s maximum sales obligation for each such product available point, but Chevron may in its sole discretion elect to Marketer at that delivery point as set forth in section 4 of this agreementdo so.

Termination of Exchange Agreements. Each of the following delivery points is an exchange terminal at which petroleum products Products are made available to Chevron Supplier pursuant to a product exchange agreement between Chevron Supplier and a third party: XXXXXXXXX TX TRM VALERO ABILENE TX TRM PRIDE REF AMARILLO TX TRM VALERO AUSTIN TX TRM FLINT HILLS RES BATON ROUGE LA TRM EXXONMOB BROWNSVILLE TX TRM CITGO CORPUS CHRISTI CENTER TX TRM FLNT HIL SUNOCO HARLINGEN TX TRM VALERO HEARNE TX TRM SUNOCO IRVING TX TRM EXXONMOBIL LAKE CHARLES LA TRM CITCO LAREDO TX TRM VALERO SAN ANTONIO TX TRM FLINT HILL VICTORIA TX TRM CITGO PASADENA TX TRM XXXXXX XXXXXX CADDO XXXXX TX TRM XXXXXX CENTER TX TRM EXXONMOBIL SAN ANTONIO TX TRM CITGO ODESSA TX TRM MAGELLAN SAN ANGELO TX TRM PRIDE ABERNATHY SAN ANTONIO TX TRM VALERO CITGO SAN ANTONIO TX TRM FLINT HILL WACO TX TRM FLINT HILLS RESOUR PORT XXXXX LA TRM PLACID EULESS TX TRM FLINT HILLS EL PASO TX TRM WESTERN REF BEAUMONT TX TRM EXXONMOBIL SUNOCO Each such exchange agreement is terminable at any time by either party thereto without cause upon short notice – typically thirty (30) 30 to sixty (60) 60 days’ notice. If any such exchange agreement Branded Motor Fuel Marketer Agreement -15- RS19600D (03/16/12) is terminated by either party thereto (and Chevron Supplier may do so in its absolute discretion), Chevron Supplier may terminate its obligations under section 3 (Product Quantities) and section 4 of this agreement (Delivery) to deliver petroleum products Products to Marketer at the applicable delivery point upon giving Marketer ninety (90) 90 days’ prior written notice of such termination or, if it would not be reasonable for Chevron Supplier to give ninety (90) 90 days’ prior written notice, at ChevronSupplier’s election upon giving Marketer prior notice of such lesser period as is reasonable in the circumstances. If ChevronSupplier’s obligations to make deliveries at a particular delivery point are terminated pursuant heretoto this section 15.1, Chevron’s maximum sales Supplier shall have no obligation to make up the resulting reduction in the quantity of Products which Supplier is obligated to supply to Marketer under section 3 nor shall Supplier have any obligation to supply additional quantities of this agreement for each product previously delivered Products to Marketer at that any other delivery point shall be reduced by the maximum percentage of Chevron’s maximum sales obligation for each such product available point, but Supplier may in its sole discretion elect to Marketer at that delivery point as set forth in section 4 of this agreementdo so.