0001552000-25-000019 Sample Contracts
MPLX LP PHANTOM UNIT AWARD AGREEMENT SENIOR LEADERS (CEO, DESIGNATED POSITIONS & EXECUTIVE RESOURCES)Phantom Unit Award Agreement • May 6th, 2025 • MPLX Lp • Pipe lines (no natural gas)
As evidenced by this Award Agreement and under the MPLX LP 2018 Incentive Compensation Plan, as amended (the “Plan”), MPLX GP LLC, a Delaware limited liability company (the “Company”), the general partner of MPLX LP, a Delaware limited partnership (the “Partnership”) has granted to {Participant Name} (the “Participant”), an Employee and/or Officer of the Company, Partnership or an Affiliate, on {Grant Date} (the “Grant Date”), {Number of Awards Granted} Phantom Units (the “Award”), with each Phantom Unit representing the right to receive a Unit of the Partnership, subject to the terms and conditions in the Plan and this Award Agreement. The number of Phantom Units awarded is subject to adjustment as provided in the Plan, and the Phantom Units hereby granted are also subject to the following terms and conditions:
THIRD AMENDMENT TO THE AMENDED AND RESTATED TRANSPORTATION SERVICES AGREEMENTTransportation Services Agreement • May 6th, 2025 • MPLX Lp • Pipe lines (no natural gas)
THIS THIRD AMENDMENT (“Amendment”) by and between Marathon Petroleum Company LP, a Delaware limited partnership (“MPC”) and Hardin Street Marine LLC, a Delaware limited liability company (“HSM”) is entered into effective as of January 1, 2025 (the “Amendment Date”). MPC and HSM may be referred to individually as a “Party” and collectively as the “Parties”.