Exhibit 10.75
FIRST AMENDMENT TO THE
MPLX LP 2018 INCENTIVE COMPENSATION PLAN

WHEREAS, MPLX GP LLC, a Delaware limited liability company (the “Company”),
sponsors and maintains the MPLX LP 2018 Incentive Compensation Plan, as
originally effective March 15, 2018 (the “Plan”);

WHEREAS, pursuant to paragraph 7 of the Plan, the Company’s Board of Directors
(the “Board”) has the authority to amend the Plan, provided that no amendment of
the Plan shall adversely affect any right of any Participant with respect to any
award previously granted without such Participant’s consent; and

WHEREAS, by action taken on October 30, 2019 (the “Approval”), the Board, acting
through a duly authorized committee of the Board, approved and authorized the
amendment of certain awards made under the Plan in 2019 to certain officers of
MPLX LP (the “Partnership”) and its affiliate Marathon Petroleum Corporation,
such that, for the purpose of retention and stability of the officers, each such
officer will vest in his or her awards if the officer remains employed with the
Company or an affiliate through December 31, 2020, and will likewise vest in his
or her awards if the officer’s employment is involuntarily terminated prior to
that date (the “Approved Modification”);

WHEREAS, pursuant to the Approval, the Committee delegated to any officer of the
Company the authority to act for and on behalf of the Company and its Board of
Directors to do and perform all such acts and things and to enter into, amend,
execute and deliver all agreements, guarantees, documents, instruments and
certificates that, in the judgement of the officer taking such action, are
necessary or appropriate to effectuate and carry out the purpose and intent of
the Approved Modification; and

WHEREAS, the undersigned officer of the Company has determined it to be
necessary and appropriate to amend the Plan to accommodate certain aspects of
the Approved Modification, and that such amendment is not a material amendment
to the Plan requiring the approval of the Company’s shareholders.

ACCORDINGLY, effective as of October 30, 2019, the fifth sentence of paragraph
6(f) of the Plan is amended to read as follows:

“Any Award which vests based on performance criteria shall have a minimum
performance period of one year from the grant date, provided that the Committee
(or its delegate) may provide for earlier vesting following a Change in Control
or other specified events involving the Company, or upon a termination of
employment by reason of Death, Disability or Retirement, provided, that
notwithstanding the limitation in the preceding clause of this sentence, the
Board (or its delegate) or the Committee (or its delegate) may provide for
earlier vesting for purposes of a retention

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and stability incentive extended to certain Employees as may from time to time
be deemed necessary in the Board’s or the Committee’s discretion.”

IN WITNESS WHEREOF, the Company has caused this amendment to the Plan to be
adopted and executed by its duly authorized officer effective as of October 30,
2019.

MPLX GP LLC
 
 
By:
/s/ Fiona C. Laird
 
 
Printed Name:
Fiona C. Laird

 
 
Title
Chief Human Resources Officer
 
 

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