SEPARATION AND CONSULTING AGREEMENTSeparation and Consulting Agreement • May 4th, 2011 • Magellan Midstream Partners Lp • Pipe lines (no natural gas) • Oklahoma
THIS SEPARATION AND CONSULTING AGREEMENT (this “Agreement”) is made and entered into as of February 1, 2011 (the “Effective Date”), by and between MAGELLAN MIDSTREAM HOLDINGS GP, LLC, a Delaware limited liability company (the “Company”), and DON WELLENDORF (“Executive”), an employee of the Company. The Company and Executive may sometimes hereafter be referred to singularly as a “Party” or collectively as the “Parties.” Defined terms shall have the meanings ascribed to them in Appendix A of this Agreement.
