Exhibit 10.07

2015 INVESTMENT ELECTION FORM
Valero Energy Corporation Deferred Compensation Plan

Direction of Investments

The undersigned Participant hereby directs that the measurement of the
Participant’s account be determined as if it were invested in the fund options
as indicated below.

DEFERRALS OF SALARY AND/OR BONUSES BEGINNING 1/1/2015
WILL BE TREATED AS IF INVESTED AS INDICATED BELOW.

Enter your investment elections: 5% minimum/increments of 5%.
The total of the percentages must equal 100%.
You may invest in any one or more (including all) of the fund options.

_ _ _ _ _%    Dreyfus Appreciation (DGAGX)

_ _ _ _ _%    Fidelity Intermediate Government (FSTGX)

_ _ _ _ _%    Janus Worldwide (JAWWX)

_ _ _ _ _%    Milestone Funds Treasury Obligations Portfolio (MTIXX)

_ _ _ _ _%    Oakmark I (OAKMX)

_ _ _ _ _%    Price Mid-Cap Growth (RPMGX)

_ _ _ _ _%    Columbia Income Z (SRINX)

_ _ _ _ _%    Vanguard Balanced Index (VBINX)

_ _ _ _ _%    Vanguard Index Extended Market (VEXMX)

_ _ _ _ _%    Vanguard Index 500 (VFINX)

_ _ _ _ _%    Vanguard Growth and Income (VQNPX)
________
  100  %
 

I understand that the elections I have chosen on this form shall remain in
effect until I make a directive to change.

Participant's Signature
 
Date
 
 
 
Participant's Name
 
Participant's Employee ID Number