MARATHON OIL CORPORATION STOCK APPRECIATION RIGHT AWARD AGREEMENT Members of Marathon Executive CommitteeMarathon Oil Corp • November 3rd, 2004 • Petroleum refining
Company FiledNovember 3rd, 2004 IndustryPursuant to this Award Agreement, MARATHON OIL CORPORATION (the “Corporation”) hereby grants to [NAME] (the “Grantee”), an employee of the Corporation or an Affiliate, on [DATE] (the “Grant Date”), a Stock Appreciation Right (“SAR”) for [NUMBER] shares of Common Stock (the “Award”) at an exercise price of $[xx.xx] per share (the “Grant Price”), pursuant to the Marathon Oil Corporation 2003 Incentive Compensation Plan (the “Plan”), with such number of shares and such price per share being subject to adjustment as provided in Section 17 of the Plan, and further subject to the following terms and conditions:
MARATHON OIL CORPORATION STOCK APPRECIATION RIGHT AWARD AGREEMENT Officers of Marathon Oil CorporationMarathon Oil Corp • November 3rd, 2004 • Petroleum refining
Company FiledNovember 3rd, 2004 IndustryPursuant to this Award Agreement, MARATHON OIL CORPORATION (the “Corporation”) hereby grants to [NAME] (the “Grantee”), an employee of the Corporation or an Affiliate, on [DATE] (the “Grant Date”), Stock Appreciation Right (“SAR”) for [NUMBER] shares of Common Stock (the “Award”) at an exercise price of $[PRICE] per share (the “Grant Price”), pursuant to the Marathon Oil Corporation 2003 Incentive Compensation Plan (the “Plan”), with such number of shares and such price per share being subject to adjustment as provided in Section 17 of the Plan, and further subject to the following terms and conditions:
MARATHON OIL CORPORATION STOCK APPRECIATION RIGHT AWARD AGREEMENT Marathon Chief Executive OfficerMarathon Oil Corp • November 3rd, 2004 • Petroleum refining
Company FiledNovember 3rd, 2004 IndustryPursuant to this Award Agreement, MARATHON OIL CORPORATION (the “Corporation”) hereby grants to [NAME] (the “Grantee”), an employee of the Corporation or an Affiliate, on [DATE] (the “Grant Date”), a Stock Appreciation Right (“SAR”) for [NUMBER] shares of Common Stock (the “Award”) at an exercise price of $[xx.xx] per share (the “Grant Price”), pursuant to the Marathon Oil Corporation 2003 Incentive Compensation Plan (the “Plan”), with such number of shares and such price per share being subject to adjustment as provided in Section 17 of the Plan, and further subject to the following terms and conditions: