MARATHON PETROLEUM CORPORATION PERFORMANCE SHARE UNIT AWARD AGREEMENT BROAD- BASED EMPLOYEES (Grades 19 and below)Performance Share Unit Award Agreement • February 26th, 2021 • Marathon Petroleum Corp • Petroleum refining
Contract Type FiledFebruary 26th, 2021 Company IndustryAs evidenced by this Award Agreement and under the Amended and Restated 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 share units (“Performance Share Units”), conditioned upon the Corporation’s TSR ranking relative to the Peer Group for the Performance Cycle as established by the Compensation and Organization Development Committee of the Board of Directors of the Corporation (which is the “Committee” as defined in the Plan), and as set forth herein. The Performance Share Units are subject to the following terms and conditions:
MARATHON PETROLEUM CORPORATION PERFORMANCE SHARE UNIT AWARD AGREEMENT CEO, DESIGNATED POSITIONS & EXECUTIVE RESOURCESPerformance Share Unit Award Agreement • February 26th, 2021 • Marathon Petroleum Corp • Petroleum refining
Contract Type FiledFebruary 26th, 2021 Company IndustryAs evidenced by this Award Agreement and under the Amended and Restated 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 share units (“Performance Share Units”), conditioned upon the Corporation’s TSR ranking relative to the Peer Group for the Performance Cycle as established by the Compensation and Organization Development Committee of the Board of Directors of the Corporation (which is the “Committee” as defined in the Plan), and as set forth herein. The Performance Share Units are subject to the following terms and conditions: