Exhibit 10.31

acbprogramdocumenteff_image1.jpg [acbprogramdocumenteff_image1.jpg]

Marathon Petroleum
Annual Cash Bonus (“ACB”) Program

Effective January 1, 2016

--------------------------------------------------------------------------------

Preamble

This program document explains the Annual Cash Bonus Program (the “Program”) of
Marathon Petroleum Corporation.

The Program is a sub-plan operating under the Marathon Petroleum Corporation
2012 Incentive Compensation Plan (the “2012 Plan”), and any successor
shareholder-approved omnibus equity plan, which are hereby incorporated into
this document by reference. All Awards under the Program are granted pursuant to
Section 7 of the 2012 Plan (or applicable provisions of any other Plan).
Capitalized terms not specifically defined herein have the meanings specified in
the Plan. In the event of any conflict between the Program and the Plan, the
terms of the Plan shall control.

Program Objectives

The purpose of the Program is to motivate and reward Eligible Employees for
achieving short-term (annual) business objectives that drive overall shareholder
value while encouraging responsible risk taking and accountability.

Definitions

As used in the Program, the following terms shall have the meanings set forth
below:

a.
“Affiliate” means, any person or entity controlling, controlled by, or under
common control with such person.

b.
“Award” means a Stock Award, a Cash Award or an award of Incentive Stock
Options, Non-qualified Stock Options, Stock Appreciation Rights, Restricted
Stock or Restricted Stock Unit, or Cash granted to a Participant pursuant to the
provisions of the Plan, any of which the Committee or its delegate may structure
to qualify in whole or in part as a Performance Award.

c.
“Board” means the Board of Directors of Marathon Petroleum Corporation.

d.
“Change in Control” means a transaction of a nature that would be required to be
reported in response to Item 6(e) of Schedule 14A of Regulation 14A promulgated
under the Securities Exchange Act of 1934, as amended (the “Exchange Act”),
whether or not the Corporation is then subject to such reporting requirement;
provided that, without limitation, such a Change in Control shall be deemed to
have occurred if:

(i)
any person (as such term is used in Sections 13(d) and 14(d) of the Exchange
Act) (a “Person”) is or becomes the “beneficial owner” (as defined in Rule 13d-3
under the Exchange Act), directly or indirectly, of securities of the
Corporation (not including the amount of the securities

--------------------------------------------------------------------------------

beneficially owned by such person, any such securities acquired directly from
the Corporation or its Affiliates) representing twenty percent (20%) or more of
the combined voting power of the Corporation’s then outstanding voting
securities; provided, however, that for purposes of this Plan the term “Person”
shall not include (A) the Corporation or any of its subsidiaries, (B) a trustee
or other fiduciary holding securities under an employee benefit plan of the
Corporation or any of its subsidiaries, (C) an underwriter temporarily holding
securities pursuant to an offering of such securities, or (D) a corporation
owned, directly or indirectly, by the stockholders of the Corporation in
substantially the same proportions as their ownership of stock of the
Corporation; and provided, further, however, that for purposes of this paragraph
(i), there shall be excluded any Person(s) who become(s) such a beneficial owner
in connection with an Excluded Transaction (as defined in paragraph
(iii) below); or

(ii)
the following individuals cease for any reason to constitute a majority of the
number of directors then serving: individuals who, on the date hereof,
constitute the Board and any new director (other than a director whose initial
assumption of office is in connection with an actual or threatened election
contest including, but not limited to, a consent solicitation, relating to the
election of directors of the Corporation) whose appointment or election by the
Board or nomination for election by the Corporation’s stockholders was approved
or recommended by a vote of at least two-thirds (2/3) of the directors then
still in office who either were directors on the date hereof or whose
appointment, election or nomination for election was previously so approved or
recommended; or

(iii)
there is consummated a merger or consolidation of the Corporation or any direct
or indirect subsidiary thereof with any other corporation, other than a merger
or consolidation (an “Excluded Transaction”) which would result in the voting
securities of the Corporation outstanding immediately prior thereto continuing
to represent (either by remaining outstanding or by being converted into voting
securities of the surviving corporation or any parent thereof) at least 50% of
the combined voting power of the voting securities of the entity surviving the
merger or consolidation (or the parent of such surviving entity) immediately
after such merger or consolidation,

(iv)
or the shareholders of the Corporation approve a plan of complete liquidation of
the Corporation; or there is consummated the sale or other disposition of all or
substantially all of the Corporation’s assets; or

(v)
A Change in Control shall not be deemed to occur if the Company undergoes a
bankruptcy, liquidation, or reorganization under the United States Bankruptcy
Code.

--------------------------------------------------------------------------------

e.
“Code” means the Internal Revenue Code of 1986, as amended from time to time,
and the rulings and regulations issued thereunder.

f.
“Committee” means the Committee delegated by the Board with the authority to
administer the Plan. To the extent the Committee has delegated authority to any
person(s) or committee(s) pursuant to Section 6 (or other applicable section) of
the Plan, a reference to the Committee herein may also include such person(s) or
committee(s). However, in no event shall the Committee delegate its authority
with respect to the compensation of any Participant whose compensation the Board
or Committee reasonably believes may become subject to Section 162(m) of the
Code.

g.
“Company” means

•
Blanchard Refining Company LLC,

•
Catlettsburg Refining, LLC,

•
Cincinnati Renewable Fuels LLC,

•
Marathon Petroleum Company Canada, Ltd,

•
Marathon Petroleum Company LP,

•
Marathon Petroleum Corporation,

•
Marathon Petroleum Services LLC,

•
Marathon Petroleum Logistics Services LLC,

•
Marathon Petroleum Service Company,

•
Speedway LLC, and

•
any other subsidiaries or controlled company of the above, as applicable.

All of the above entities are collectively referred to as “Company” or “Marathon
Petroleum” for purposes of this document.

h.
“Covered Employees" has the same meaning as defined in Section 162(m)(3) of the
Code.

i.
“Eligible Employees” means regular full-time and regular part-time Company
employees who on the last day of the last pay period completed for the
Performance Period are assigned to a salary grade within the Company salary
structure. However, eligibility for employees of Speedway LLC is limited to
those classified as President during the Performance Period. Eligible Employees
may also include employees of other companies selected by the Committee and
select employees of an approved Affiliate as approved by the Committee.

--------------------------------------------------------------------------------

j.
“Eligible Wages” for non-Officer employees include:

(i)
base wages paid for time worked and wages deferred during the Performance
Period, and

(ii)
overtime wages paid during the Performance Period. 

Eligible Wages for non-Officer employees exclude non-cash compensation,
equity-based compensation, allowances, reimbursements, premiums and any bonus or
recognition payments made. They also exclude wages paid or processed by a third
party. Eligible wages are the amounts specified above before (i) deductions for
taxes or benefits, and (ii) deferrals of compensation pursuant to any Company or
Affiliate-sponsored plan.

Eligible Wages for employees designated as Officers shall be equal to their
annualized base salary in effect on the last day of the Performance Period.
However, Eligible Wages for Officers who retire, are hired or who die during the
Performance Period shall be equal to their actual base wages paid plus any
compensation deferred during the Performance Period.

In the event of a Change in Control, Eligible Wages shall be the actual wages
paid during the Performance Period, as of the date of Change in Control, for all
employees.

k.
“Performance Period” means any fiscal year or such other measurement period
determined by the Committee or its delegate in their sole discretion.

 
l.
“Qualifying Performance Criteria” shall mean any one or more of the following
performance criteria that are in the Plan and were approved by shareholders (or
other performance criteria approved by shareholders in the Plan), either
individually, alternatively, or in any combination, applied to either the
Company as a whole or to a business unit or Subsidiary or Affiliate, either
individually, alternatively or in any combination, and measured either
quarterly, annually, or cumulatively over a period of years, on an absolute
basis or relative to a pre-established target, to previous years’ results or to
a designated comparison group, in each case as specified by the Committee or its
delegate: (i) revenue, (ii) income measures (which include revenue, gross
margin, income from operations, net income, net sales, earnings per share,
earnings before interest, depreciation, taxes, and amortization (“EBIDTA”),
earnings before interest, taxes and amortization (“EBITA”) and earnings before
interest and taxes (“EBIT), and economic value added, (iii) expense measures
(which include costs of goods sold, selling, finding and development costs,
general and administrative expenses, and overhead costs), (iv) operating
measures (which include refinery throughput, mechanical availability,
productivity, operating income, funds from operations, product quality, cash
from operations, after-tax operating income, market share, margin, and sales
volumes), (v) margins (which include crack-

--------------------------------------------------------------------------------

spread measures), (vi) refined product measures, (vii) cash management and cash
flow measures (which include net cash flow from operating activities, working
capital, receivables management and related customer terms), (vii) liquidity
measures (which include earnings before or after the effect of certain items
such as interest, taxes, depreciation and amortization, improvement in or
attainment of working capital levels, and free cash flow (viii) leverage
measures (which include debt-to-equity ratio, debt reduction and net debt), (ix)
market measures (which include market share, stock price, growth measure, total
shareholders return, share price performance, return on equity, return on
invested capital and return on assets, and market capitalization measures), (x)
return measures (which include return on equity, return on assets, and return on
invested capital), (xi) corporate value and sustainability measures (which
include compliance, safety, environmental, and personnel matters), (xii) project
completion measures (which may include measures regarding whether interim
milestones regarding budgets and deadlines are met, as well as whether projects
are completed on time and on or under budget), and (xii) other measures such as
those relating to acquisitions, dispositions, or customer satisfaction.

Participants and Target Funding

Prior to March 30th of the Performance Period, or at such later time as may be
permitted by applicable provisions of the Code, the Committee shall establish in
writing (1) the Eligible Employees who will be Participants in the Program, (2)
each Participant's target funding percentage for such Performance Period or the
formula for determining each Participant's Award and (3) the applicable
performance objective or objectives for such Performance Period which will be
based on the Qualifying Performance Criteria. Each Participant’s funding range
will have a threshold of 0% and a maximum of two times (2X) their target funding
percentage.

Threshold funding for individual metrics is one-half (.5X) of target and the
maximum that can be funded is two times (2X) target. Percentages may be rounded.
No metric will fund when results are below threshold performance.

--------------------------------------------------------------------------------

Funding ranges for Participants shall be based on grade:

Participant Classification
Target
Award Range
Exempt Grades
Above
Grade 18
Per the Committee
Per the
Committee
Grade 18
50%
0% - 100%
Grade 17
40%
0% - 80%
Grade 16
35%
0% - 70%
Grade 15
30%
0% - 60%
Grade 14
25%
0% - 50%
Grade 13
20%
0% - 40%
Grade 12
15%
0% - 30%
Grade 11
12%
0% - 24%
Grade 10
12%
0% - 24%
Grade 9
10%
0% - 20%
Grade 8 or Below
10%
0% - 20%
Non-Exempt Grades
All
7%
0% - 14%

Performance Metrics

The Committee, or its delegate, will establish performance metrics with
threshold, target and maximum performance criteria. All performance criteria
approved by the Committee are incorporated into the Program document by this
reference for the applicable Performance Period.

When any final performance metric result falls between threshold and target or
between target and maximum performance levels, linear interpolation will be used
to determine funding based on actual performance. For example, if the final
result of a metric is halfway between threshold and target performance levels,
the funding for that metric would be halfway between the corresponding payout
percentages.

Determination of Awards

Final calculated bonus payments are automatically rounded up to the nearest $50
for non-officer employees and to the nearest $1,000 for Officers.

--------------------------------------------------------------------------------

Bonus Pool(s)

The Program for a Performance Period may consist of one or more umbrella
performance pools. The Committee shall approve the structure of each such pool
(if any) and designate the Participants in the pool, the total amount of the
pool, and such Participant's allocable percentage share of such pool prior to
March 30 of the Performance Period (or such later time as may be permitted by
applicable provisions of the Code). To the extent a pool includes "Covered
Employees" within the meaning of Section 162(m) of the Code, the pool shall be
operated in compliance with the requirements of Section 162(m), which require
that (1) each Participant's percentage share of the pool must be established no
later than 90 days after the commencement of the applicable Performance Period,
and (2) the exercise of negative discretion with respect to one Participant in
the pool may not result in an increase in the amount payable to any Covered
Employee who is a Participant in such pool.  Moreover, if the amount payable to
each Participant in a pool that includes one or more Covered Employees is stated
in terms of a percentage of the pool, the sum of the individual percentages of
the pool may not exceed 100 percent.

The performance goals for any performance pools, to the extent they cover or
potentially cover Covered Employees, will be based solely on Qualifying
Performance Criteria. Satisfaction of these Criteria will enable a Participant
to earn 100% of his or her allocated amount under such pools. The Committee may
then take into account other criteria (whether or not Qualifying Performance
Criteria) and use negative discretion to decrease a Participant's Award, but it
may not use other criteria or positive discretion to increase the Award for any
Covered Employee.
    
The same objective goals can be used both to set the amount of each performance
pool and to function as the Qualifying Performance Criteria to determine if a
bonus (and the amount of the bonus) was earned. The Committee shall establish a
minimum threshold for the Qualifying Performance Criteria, below which no bonus
will be earned.

Without regard to anything contained within this Program, the Committee reserves
the unconditional right to award a payout to any Covered Employee up to the full
value of their funding pool allocation without regard to the performance
achieved under this operational program.

Individual Funding Vs. Payout

The operation of this Program funds individual payments based on pre-established
metrics and subjective metrics as approved by the Committee. The final payout to
each Participant is determined based on the assessment of their management
considering each Participant’s relative performance to other employees. However,
no Participant can be awarded more than their maximum percent as specified on
page 6 without approval of the Committee or its delegate.

--------------------------------------------------------------------------------

Hires, Promotions and Transfers

In the case of a newly hired, promoted, or transferred Participant, the
Committee may provide for a guaranteed bonus, or a bonus that would exceed the
bonus that would otherwise be payable in the Program unless the Participant is a
Covered Employee, in which case no guarantees or excess payments would apply.

Participants who change from one eligible position to another during the
Performance Period may experience a change to their Program target funding,
individual objectives or the formula for determining each Participant’s Award.
In this situation, funding shall be based on the associated target level and
business unit for the position held by the Participant on the last day of the
Performance Period, provided the position held is not temporary.

If a Participant transfers to a position that is not eligible (e.g. casual
position) under the Program during the Performance Period, such Participant will
be ineligible for any payout under this Program for such Performance Period.
Except however, if a Participant transfers to a Speedway position that is not
eligible under the Program during the Performance Period, such Participant will
remain eligible for an Award based on their Eligible Wages paid while a
Participant under the Program.

Temporary Assignments

Eligibility and funding targets for employees who are on a temporary assignment
on the last day of the last pay period completed for the Performance Period
shall be determined based on their regular assignment.

Exclusions and Adjustments

To the extent consistent with Section 162(m) of the Code, the Committee or its
delegate may (A) adjust the actual performance or performance goals (either up
or down) and the level of the Performance Award that a Participant may earn
under the Program if it determines that the occurrence of external changes or
other unanticipated business conditions have materially affected the fairness of
the goals and / or have unduly influenced the Company’s ability to meet them,
including, without limitation, events such as material acquisitions, asset
write-downs, litigation, claims, judgments or settlements, force majeure events,
unlawful acts committed against the Company or its property (including
terrorism), labor disputes, legal mandates, accruals for reorganization and
restructuring programs and changes in the capital structure of the Company, the
effect of changes in tax law or other such laws or provisions affecting reported
results, accruals of any amounts for payment under the Program or any other
compensation arrangement maintained by the Company, or other events not
contemplated at the time the goals are set; provided, however, that Performance
Awards granted to Covered Employees or Executive Officers shall be adjusted only
to the extent permitted under Section 162(m) of the Code. In addition,
Performance Goals and Performance Awards

--------------------------------------------------------------------------------

shall be calculated without regard to any changes in accounting standards or
codifications that may be required by the Financial Accounting Standards Board
or other standards board or the effect of changes in tax law or other such laws
or provisions affecting reported results after such Performance Goals are
established.

Certification by Committee

Unless otherwise determined by the Committee, no payments shall be made
hereunder in respect of any Performance Period unless the Committee shall
certify in writing following the end of the Performance Period that the
performance objectives applicable to the Performance Period have been satisfied.
In all events, no payments hereunder shall be made to any "Covered Employee"
(within the meaning of Section 162(m) of the Code) until after satisfaction of
the performance criteria has been certified in writing by the Committee.

Separation of Employment

Unless otherwise determined by the Committee and except as may otherwise be
provided in a Participant's written agreement with the Company or an Affiliate,
if a Participant's employment terminates for any reason prior to payment, such
Participant shall not be eligible for an Award under the Program, unless the
Participant's employment is terminated as a result of death, Severance or
Retirement. Except in the case of death, the decision to make an Award will be
at the Committee's discretion, but payment of Awards will (i) only be made after
the end of the Performance Period (and as close as practicable to the same time
as all other Award payments for such Performance Period, but in no event later
than the last day of the calendar year beginning immediately after the
Performance Period), and (ii) only be paid to the extent that the performance
criteria were achieved.

Any employee who terminates employment for any reason during a Performance
Period, other than as a result of Severance or Retirement, and is subsequently
rehired after the Performance Period completes, will not be eligible for payment
under the Program for such wages earned during the Performance Period.

Any Participant who retires on or after July 1 of a Performance Period is
eligible for an Award under the Program, based on his or her Eligible Wages paid
during the Performance Period, at the discretion of the Committee. A Participant
is considered to have had a Retirement if the Participant, at the time of
separation:

a.
is at least age 50 with 10 or more years of accredited service; and

b.
is deemed to be in good standing, as determined in the sole discretion of the
Committee

--------------------------------------------------------------------------------

Severance

Severance is defined to include any Participant who separates employment during
a Performance Period and becomes eligible for a termination allowance under the
Company’s Termination Allowance Plan. However, any Participant who voluntarily
requests termination under the Company’s Termination Allowance Plan is not
considered to be an Eligible Employee under the Program.

In addition, Eligible Employees who would have otherwise been eligible for the
Marathon Petroleum Termination Allowance Plan, but accepted an offer of
employment with:

a.
the “buyer” of sold Company assets, or

b.
the “new operator” of a jointly-owned facility, or

c.
a company that has been contracted to perform services being outsourced.

will remain eligible for consideration of an Award provided the termination date
is after June 30th of the Performance Period.

Death of Participant

If the death of a Participant occurs:

a.
during a Performance Period, the Participant’s eligibility for the Program will
end and a payment will be made to the Participant’s estate as soon as
practicable following death, but in all cases no later than the last day of the
calendar year beginning immediately after the Performance Period. The payment
shall be based on target performance levels for all metrics and the
Participant’s Eligible Wages paid during the Performance Period; or

b.
after a Performance Period, but before payment for that Performance Period has
been made, the full Award otherwise deemed payable under the Program will be
paid to the Participant’s estate (at the time all other Award payments for such
Performance Period are made).

Payment of Awards

Following the Performance Period, each Participant's Award for the Performance
Period will be determined in accordance with the terms of the Program and the
Participant shall be eligible to receive payment of the Award. The payment of
the Award shall occur during the first calendar year beginning immediately after
the end of the Performance Period.

--------------------------------------------------------------------------------

The Committee shall determine whether payment of the Award will be in cash,
Common Stock, the right to receive Common Stock, Stock Options or other Awards
provided for under the Plan; and whether any such payments will be subject to
restrictions on transfer, vesting, forfeiture or deferral requirements;
provided, however, that if an Award is subject to Section 409A of the Code, any
such action shall only be taken if it complies with Section 409A of the Code.
Any equity or equity-based Awards shall be granted under the terms and
conditions of the Plan.

Change in Control

Unless otherwise determined by the Committee prior to a Change in Control, and
except as otherwise may be provided in a Participant’s written agreement with
the Company or Affiliate upon a Change in Control, the Program will
automatically terminate and all Participants employed by the Company immediately
prior to the Change in Control will be vested and entitled to a pro-rated lump
sum payment equal to 100% of the Participant’s target bonus percentage
multiplied by the Participant’s Eligible Wages. This payment will be made as
soon as administratively practicable following the Change in Control, but in no
event later than 45 days from the date of the Change in Control. The timing of
the payment within such 45-day period shall be determined solely by the
Committee without regard to any tax implications to a Participant.

No Right to Awards

Except as may be provided for under the Change in Control section of the
Program, no Participant or other person shall have any claim or right to be
granted an Award under the Program. Neither the establishment of the Program,
nor any action taken hereunder, shall be construed as giving any Participant any
right to be retained in the employ of the Company, or participate hereunder in
the current or succeeding Performance Periods. Nothing contained in the Program
document shall limit the ability of the Company to make payments or Awards to
Participants under any other program, agreement or arrangement; provided,
however, that no payment under any other program, agreement, or arrangement will
be made because of a failure of a Participant to earn an Award hereunder, and no
such payment outside of the Program will be in the nature of or in any way
related to make-whole payments for what would have been earned or paid hereunder
if the performance goals had been met.

Non-Transferability

The rights and benefits of a Participant hereunder are personal to the
Participant and, except for any payments that may be made following a
Participant's death, shall not be subject to any voluntary or involuntary
alienation, assignment, pledge, transfer, encumbrance, attachment, garnishment
or other disposition.

--------------------------------------------------------------------------------

No Impact on Benefits

Except as may be required by law or otherwise be specifically stated under any
employee benefit plan, policy, or program, no amount payable in respect of any
Award shall be treated as compensation for purposes of calculating a
Participant's right under any such plan, policy, or program; nor shall any Award
be treated as compensation for purposes of termination indemnities or other
similar rights, except as may be required by law.

No Constraint on Corporate Actions
    
Nothing in the Program document shall be construed (a) to limit, impair, or
otherwise affect the Company's right or power to make adjustments,
reclassifications, reorganizations, or changes of its capital or business
structure, or to merge or consolidate, or dissolve, liquidate, sell, or transfer
all or any part of its business or assets, or (b) to limit the right or power of
the Company or any of its Affiliates to take any action which such entity deems
to be necessary or appropriate.

Program Administration

The program shall be administered by the Committee, which shall have full
authority to:

a.
interpret the Program,

b.
establish, interpret, amend or revoke rules and regulations relating to the
operation of the Program,

c.
interpret the Program, to correct any defect, supply any omission or reconcile
any inconsistency in the Program,

d.
adopt such rules for the administration, interpretation and application of the
Program, and

e.
make all determination and take all other actions necessary or appropriate for
the proper administration of the Program.

The Committee has complete, unilateral discretion with respect to all aspects of
the operation, administration, design, features, benefits and Awards under the
Program and can change, terminate, or modify Awards, or otherwise change any
aspect of the Program in its discretion prospectively or retroactively,
regardless of anything stated in this document. Notwithstanding the above, with
respect to a Covered Employee, the Committee cannot (1) grant or change an
Award, or the Qualified Performance Criteria thereunder, after the deadline
under Code Section 162(m) for setting such Award (generally March 30th of a
Performance Period for annual Awards), (2) deem its performance goals satisfied
when they have not been met, or (3) use its discretion to increase the amount
otherwise payable under any Award.

The Committee may delegate any or all of their authorities hereunder, provided
that the Committee shall, in no event, delegate its authority with respect to
the compensation of

--------------------------------------------------------------------------------

any Participant whose compensation the Board or Committee reasonably believes
may become subject to Section 162(m) of the Code. No member of the Committee
shall be eligible to participate in the Program.

Taxes

For U.S.-based Participants, any Award received under the Program is subject to
all applicable employment withholding taxes in the year paid. For Participants
outside the United States, local country tax regulations will apply.

Deductions

There shall be deducted from all individual payouts any taxes required to be
withheld by national, Federal, state provincial or local governments and paid
over to such government for the accounts of such Participants.

Subject to compliance with Section 409A of the Code and applicable state
withholding laws, the Company may also deduct from an individual Award, at its
sole discretion, any and all amounts determined by Company management to be owed
to the Company by the Participant.

Affiliate Requirements

Prior to the selection of employees of an Affiliate to participate in the
Program, the Committee may require the Affiliate to consent to the participation
of such employee or employees in the Program and to the charging of such
Affiliate with the amount of any Award which may be made to such employee or
employees.

Recoupment / Clawback

Officers are subject to recoupment provisions in the Program, in the case of
certain forfeiture events. If the Company is required, pursuant to a
determination made by the SEC or the Audit Committee of the Board, to prepare a
material accounting restatement due to the noncompliance of the Company with any
financial reporting requirement under applicable securities laws as a result of
misconduct, the Audit Committee of the Board may determine that a forfeiture
event has occurred based on an assessment of whether an officer knowingly
engaged in misconduct, was grossly negligent with respect to misconduct,
knowingly failed or was grossly negligent in failing to prevent misconduct or
engaged in fraud, embezzlement, or other similar misconduct materially
detrimental to the Company.

Upon the Audit Committee’s determination that forfeiture event has occurred, the
Company has the right to request and receive reimbursement of any portion of an

--------------------------------------------------------------------------------

officer’s bonus from the Program that would not have been earned or paid had the
forfeiture event not have taken place.

These recoupment provisions are in addition to the requirements in Section 304
of the Sarbanes-Oxley Act of 2002 which provide that the CEO and CFO shall
reimburse the Company for any bonus or other incentive-based or equity-based
compensation as well as any related profits received in the 12-month period
prior to the filing of an accounting restatement due to non-compliance with
financial reporting requirements as a result of Company misconduct.

Notwithstanding the foregoing or any other provision of this Program to the
contrary, the Company may also require that the Participant repay to the Company
any compensation paid to the Participant under this Program, as is required by
the provisions of the Dodd-Frank Act and the regulations thereunder or any other
“clawback” provisions as required by law or by the applicable listing standards
of the exchange on which the Corporation’s common stock is listed for trading.

Other Provisions

In all events, whether any cash Award is paid to a Participant will depend on
the decision of the Committee (or its delegate, as appropriate). All Awards are
subject to the sole discretion of the Committee or its delegate, and nothing in
this document (except as may be provided for in the Change in Control
provisions) or any other document describing or referring to the Program shall
confer any right whatsoever on any person to be considered for any Award.

The program document does not purport to be complete and is subject to and
governed by actions, rules and regulations of the Committee (or its delegate, as
appropriate).

The Program document may be changed or discontinued at any time without notice
or liability at the sole discretion of the Committee.

Awards shall be subject to and governed by the specific terms and conditions of
the Plan, and any applicable Award.
 
Nothing contained herein shall require the Company to segregate any monies from
its general fund or to create any trusts, or to make any special deposits for
amounts payable to any Participant.
The Program is intended to provide compensation which is exempt from or which
complies with Section 409A of the Code, and ambiguous provisions of the Program,
if any, shall be construed in a manner that would cause Awards to be compliant
with or exempt from the application of Section 409A of the Code, as appropriate.
If any payment, or portion thereof, must be delayed to comply with Section 409A
of the Code because a Participant is a “specified employee” as defined in
Section 409A(a)(2)(B)(i) of the Code, the payment, or the portion so delayed,
shall be made on the soonest date permissible without triggering the additional
tax due under Section 409A of the Code.

--------------------------------------------------------------------------------

The Program is intended to be operated in accordance with the requirements of
Section 162(m) of the Code where applicable, and shall be interpreted consistent
with that intent.

No member of the Committee, or employee of the Company or the Corporation, shall
be liable for any act done, or determination made in good faith, with respect to
the administration of the Program. The Company indemnifies and holds harmless to
the fullest extent allowed by law such persons individually and collectively,
from and against any and all losses resulting from liability to which the
Committee, or the members of the Committee, or employees of the Company or the
Corporation may be subjected by reason of any act or conduct (except willful
misconduct, fraud or gross negligence) in their official capacities in the
administration of the Program, including all expenses reasonably incurred in
their defense, in case the Company fails to provide such defense.
 
Any provision of the Program prohibited by law shall be ineffective to the
extent of such prohibition without invalidating the remaining provisions.

The terms of the Program document supersede any written or verbal agreements,
representations, proposals, or plans with respect to the subject matter hereof;
provided, however, that the forgoing shall not act to supersede an existing
written agreement between a Participant and the Company that has been approved
by the Committee.

MARATHON PETROLEUM CORPORATION
 
 
 
 
 
 
 /s/ Rodney P. Nichols
By:
Rodney P. Nichols
Its:
Senior Vice President,
 
Human Resources and Administrative
 
Services