0001193125-10-042898 Sample Contracts

MARATHON OIL CORPORATION
Restricted Stock Award Agreement • February 26th, 2010 • Marathon Oil Corp • Petroleum refining

Pursuant to this Award Agreement and the Marathon Oil Corporation 2007 Incentive Compensation Plan (the “Plan”), MARATHON OIL CORPORATION (the “Corporation”) hereby grants to [NAME] (the “Participant”), an employee of the Corporation or a Subsidiary, on February 24, 2010 (the “Grant Date”), [NUMBER] restricted shares of Common Stock (“Restricted Shares”). The number of Restricted Shares awarded is subject to adjustment as provided in Section 16 of the Plan, and the Restricted Shares are subject to the following terms and conditions:

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FIVE YEAR CREDIT AGREEMENT dated as of May 20, 2004 among Marathon Oil Corporation The Co-Agents and Other Lenders Party Hereto Bank of America, N.A., as Syndication Agent ABN Amro Bank NV, Citibank, N.A. and Morgan Stanley Bank, as Documentation...
Credit Agreement • February 26th, 2010 • Marathon Oil Corp • Petroleum refining • New York

AGREEMENT dated as of May 20, 2004 among MARATHON OIL CORPORATION, the CO-AGENTS and other LENDERS party hereto, BANK OF AMERICA, N.A., as Syndication Agent, ABN AMRO BANK NV, CITIBANK, N.A. and MORGAN STANLEY BANK, as Documentation Agents and JPMORGAN CHASE BANK, as Administrative Agent.

MARATHON OIL CORPORATION PERFORMANCE UNIT AWARD AGREEMENT
Performance Unit Award Agreement • February 26th, 2010 • Marathon Oil Corp • Petroleum refining

Pursuant to this Award Agreement and the Marathon Oil Corporation 2007 Incentive Compensation Plan (the “Plan”), MARATHON OIL CORPORATION (the “Corporation”) hereby grants to [NAME] (the “Participant”), an employee of the Corporation or a Subsidiary, on February 24, 2010, [NUMBER] performance units (“Performance Units”), conditioned upon the Corporation’s TSR Percentile Ranking for the 2010-2012 Performance Cycle. The Performance Units are subject to the following terms and conditions:

MARATHON OIL CORPORATION NONQUALIFIED STOCK OPTION AWARD AGREEMENT [GRANT DATE] Officer
Nonqualified Stock Option Award Agreement • February 26th, 2010 • Marathon Oil Corp • Petroleum refining

Pursuant to this Award Agreement, MARATHON OIL CORPORATION (the “Corporation”) hereby grants to [NAME] (the “Optionee”), an employee of the Corporation or an Affiliate, on [DATE] (the “Grant Date”), a right (the “Option”) to purchase from the Corporation [NUMBER] shares of Common Stock of the Corporation at a grant 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 Officers of Marathon Oil Corporation
Stock Appreciation Right Award Agreement • February 26th, 2010 • Marathon Oil Corp • Petroleum refining

Pursuant to this Award Agreement, MARATHON OIL CORPORATION (the “Corporation”) hereby grants to [NAME] (the “Grantee”), an employee of the Corporation or an Affiliate, on May 26, 2004 (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 PERFORMANCE UNIT AWARD AGREEMENT
Performance Unit Award Agreement • February 26th, 2010 • Marathon Oil Corp • Petroleum refining

Pursuant to this Award Agreement and the Marathon Oil Corporation 2003 Incentive Compensation Plan (the “Plan”), MARATHON OIL CORPORATION (the “Corporation”) hereby grants to [NAME] (the “Participant”), an employee of the Corporation or an Affiliate, on May 25, 2005, [NUMBER] performance units (“Performance Units”), conditioned upon the Corporation’s TSR Percentile Ranking for the 2005-2007 Performance Cycle. The Performance Units are subject to the following terms and conditions:

MARATHON OIL CORPORATION NONQUALIFIED STOCK OPTION AWARD AGREEMENT [GRANT DATE]
Section 16 Officer • February 26th, 2010 • Marathon Oil Corp • Petroleum refining

Pursuant to this Award Agreement, MARATHON OIL CORPORATION (the “Corporation”) hereby grants to [NAME] (the “Optionee”), an employee of the Corporation or a Subsidiary, on February 24, 2010 (the “Grant Date”), a right (the “Option”) to purchase from the Corporation [NUMBER] shares of Common Stock of the Corporation at a grant price of $[PRICE] per share (the “Grant Price”), pursuant to the Marathon Oil Corporation 2007 Incentive Compensation Plan (the “Plan”), with such number of shares and such price per share being subject to adjustment as provided in Section 16 of the Plan, and further subject to the following terms and conditions:

MARATHON OIL CORPORATION OFFICER RESTRICTED STOCK AWARD AGREEMENT [GRANT DATE]
Restricted Stock Award Agreement • February 26th, 2010 • Marathon Oil Corp • Petroleum refining

Pursuant to this Award Agreement and the Marathon Oil Corporation 2003 Incentive Compensation Plan (the “Plan”), MARATHON OIL CORPORATION (the “Corporation”) hereby grants to [NAME] (the “Participant”), an employee of the Corporation or an Affiliate, on [DATE] (the “Grant Date”), [NUMBER] restricted shares of Common Stock (“Restricted Shares”). The number of Restricted Shares awarded is subject to adjustment as provided in Section 17 of the Plan, and the Restricted Shares are subject to the following terms and conditions:

MARATHON OIL CORPORATION STOCK APPRECIATION RIGHT AWARD AGREEMENT Marathon Chief Executive Officer
Appreciation Right Award Agreement • February 26th, 2010 • Marathon Oil Corp • Petroleum refining

Pursuant to this Award Agreement, MARATHON OIL CORPORATION (the “Corporation”) hereby grants to [NAME] (the “Grantee”), an employee of the Corporation or an Affiliate, on May 26, 2004 (the “Grant Date”), a Stock Appreciation Right (“SAR”) for [NUMBER] shares of Common Stock (the “Award”) at an exercise price of $33.61 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:

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