Exhibit 10.15

 

Sunoco Partners LLC

Executive Compensation Summary Sheet

for 2005

 

The table below presents 2005 summary information for named executive officers
of Sunoco Partners LLC, with regard to: base salary, annual guideline incentive
bonus opportunity under the Sunoco Partners LLC Annual Incentive Plan, and
long-term incentive awards (restricted units) under the Sunoco Partners LLC
Long-Term Incentive Plan.

 

2005 EXECUTIVE COMPENSATION1

 

Name and Title

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

  

2005

Base Salary

($)

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

  

Annual Guideline Incentive
Bonus Opportunity

(%)

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

 

Restricted Units

(#)

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

Deborah M. Fretz

President and Chief Executive Officer

   440,000    65%   19,7082

Colin A. Oerton

Vice President and Chief Financial Officer

   248,770    40%     5,3352

Christopher W. Keene

Vice President, Business Development

   235,000    40%     4,8722
  2,4363

Bruce D. Davis, Jr.

Vice President, General Counsel & Secretary

   219,450    30%     3,8982

David A. Justin

Vice President, Eastern Operations

   208,500    30%     3,6282

Paul S. Broker

Vice President, Western Operations

   180,200    30%     3,1062

NOTE TO TABLE:

 

  1. The base salaries, incentive bonus opportunities and restricted unit grants
shown in the table were approved at the January 18, 2005 meeting of the
Compensation Committee of the Board of Directors of Sunoco Partners LLC.

 

  2. Awards of Restricted Units under the Sunoco Partners LLC Long-Term
Incentive Plan. Vesting and payout of these awards will depend upon the
Partnership achieving certain specified performance levels based upon objectives
for growth in distributable cash and total unitholder return over a restriction
period that runs from January 18, 2005 through December 31, 2007.

 

  3. In connection with his hiring, Mr. Keene was granted a special award of
2,436 Restricted Units (with an aggregate value of $102,629 on the date of
grant) under the Sunoco Partners LLC Long-Term Incentive Plan. The vesting and
payout of these Restricted Units is subject only to Mr. Keene’s continued
employment with Sunoco Partners LLC during the period from January 18, 2005
through December 31, 2007.