Marathon Petroleum definition

Marathon Petroleum or “MPC”, and together with Marathon Oil, the “Parties”).
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Marathon Petroleum has the meaning set forth in the preamble to this Agreement.
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Marathon Petroleum or “MPC” has the meaning set forth in the preamble to this Agreement.
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Examples of Marathon Petroleum in a sentence

  • Because the Participant is an employee of Marathon Petroleum Corporation, the parent corporation of the Company (“MPC”), and provides beneficial services to the Company through Participant’s Employment with MPC, MPC as the employer of Participant shall be the designated representative for purposes of payroll administration of the Award and withholding of applicable taxes at the time of vesting.

  • Any notice, statement, or invoice provided for in this Agreement shall be in writing and shall be considered as having been given if hand carried, facsimiled, emailed, or if mailed by United States mail, postage prepaid, to the following address, respectively: MPC: Name: Marathon Petroleum Company LP Address: ▇▇▇ ▇.

  • Because the Participant is an employee of Marathon Petroleum Corporation (“MPC”), and provides beneficial services to the Company through Participant’s Employment with MPC, MPC as the employer of Participant shall be the designated representative for purposes of payroll administration of the Award and withholding of applicable taxes at the time of vesting.

  • Marathon Petroleum will use personnel records, payroll forms and benefit management records for lawful purposes only, including calculation of withholdings from wages and personnel management.

  • The Parties acknowledge that the employees of Marathon Pipe Line LLC were transferred to Marathon Petroleum Logistics Services LLC on or before the Closing Date.

  • As evidenced by this Award Agreement and under the 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] shares of Restricted Stock (“Restricted Shares”).

  • This Agreement shall not be amended, modified or supplemented except by a written instrument signed by an authorized representative of each of Marathon Oil and Marathon Petroleum.

  • The award of restricted stock of Marathon Petroleum Corporation contemplated under this Paragraph 3.b.iii.

  • If Participant’s Employment is terminated for Cause (as such term is defined in Participant’s Retention Agreement with Marathon Petroleum Company LP), the Phantom Units that have not vested as of the date of such termination for Cause shall be immediately and 100% forfeited to the Company.

  • The Phantom Units shall vest in full upon Participant’s separation from service (as defined in Section 409A of the Code), except if Participant’s Employment is terminated for Cause (as such term is defined in Participant’s Retention Agreement with Marathon Petroleum Company LP).

Related to Marathon Petroleum

  • SpinCo shall have the meaning set forth in the Preamble.

  • AMC means Annual Maintenance Contract

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3

  • Asset Management Plan means a strategic document that states how a group of assets are to be managed over a period of time. The plan describes the characteristics and condition of infrastructure assets, the levels of service expected from them, planned actions to ensure the assets are providing the expected level of service, and financing strategies to implement the planned actions. The plan may use any appropriate format, as long as it includes the information and analysis required to be in a plan as described in Ontario’s Building Together: Guide for Asset Management Plans.

  • ITT has the meaning given to it in the recitals to this Framework Agreement;