0001035002-15-000009 Sample Contracts

PERFORMANCE SHARE AGREEMENT (with Dividend Equivalent Award)
Performance Share Agreement • February 26th, 2015 • Valero Energy Corp/Tx • Petroleum refining

This Performance Share Agreement (the “Agreement”) is entered into as of October 23, 2014, by and between Valero Energy Corporation, a Delaware corporation (“Valero”), and _____________, a participant (the “Participant”) in Valero’s 2011 Omnibus Stock Incentive Plan (as may be amended, the “Plan”), pursuant to and subject to the provisions of the Plan.

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Valero Energy Corporation Deferred Compensation Plan
2015 Elective Deferral Agreement • February 26th, 2015 • Valero Energy Corp/Tx • Petroleum refining

¨ I hereby elect to defer a portion of my compensation for the period commencing January 1, 2015 and ending December 31, 2015 (the “Plan Year”) as follows:

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