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: 000 X.
Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of federal securities laws regarding Marathon Petroleum Corporation (MPC).
Xxxxxxx Title: President Marathon Petroleum Company LP By: MPC Investment LLC, its General Partner By: /s/ X.
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.
As will be provided in the applicable award agreement, the award will vest in full on the third anniversary of the grant date; provided, however, that except as provided below or in the applicable award agreement, Executive must be providing continuous service to Marathon Petroleum Corporation or any of its subsidiaries or Affiliates from the grant date through the applicable vesting date in order for the restricted stock award to vest.
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).
Xxxx Xxxxxx Xxxxxxx, XX 00000 Attention: President Fax: (000) 000-0000 Email: xxxxxxxxx@xxxxxxxxxxxxxxxxx.xxx MPC: Name: Marathon Petroleum Company LP 000 X.
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.