Document:

EX-10.4

 Exhibit 10.4 
 MARATHON PETROLEUM CORPORATION 
 RESTRICTED STOCK AWARD AGREEMENT

 [GRANT DATE] 
 Officer 
 Pursuant to this Award Agreement and the Marathon Petroleum
Corporation Second Amended and Restated 2011 Incentive Compensation Plan (the “Plan”), MARATHON PETROLEUM CORPORATION (the “Corporation”) hereby grants to [NAME] (the “Participant”), an employee of the
Corporation or a Subsidiary, on [DATE] (the “Grant Date”), [NUMBER] restricted shares of Common Stock (“Restricted Shares”). The number of Restricted Shares awarded is subject to adjustment as provided in
Section 14 of the Plan, and the Restricted Shares are subject to the following terms and conditions: 
 1. Relationship
to the Plan. 
 This grant of Restricted Shares is subject to all of the terms, conditions and provisions of the Plan and
administrative interpretations, if any, that have been adopted by the Committee. Except as defined in this Award Agreement (including in Paragraph 10 hereof), capitalized terms shall have the same meanings given to them under the Plan. To the extent
that any provision of this Award Agreement conflicts with the express terms of the Plan, the terms of the Plan shall control and, if necessary, the applicable provisions of this Award Agreement shall be hereby deemed amended so as to carry out the
purpose and intent of the Plan. 
 2. Vesting and Forfeiture of Restricted Shares. 

(a) The Restricted Units shall vest in three cumulative annual installments, as follows: 

(i) one-third of the Restricted Units shall vest on the first anniversary of the Grant Date; 

(ii) an additional one-third of the Restricted Units shall vest on the second anniversary of the Grant Date; and

 (iii) all remaining Restricted Units shall vest on the third anniversary of the Grant Date; 

provided, however, that the Participant must be in continuous Employment from the Grant Date through the vesting date in order for the Restricted Shares
to vest. If the Employment of the Participant is terminated for any reason (including non-Mandatory Retirement) other than death or Mandatory Retirement, any Restricted Shares that have not vested as of the date of such termination of Employment
shall be forfeited to the Corporation. 
 (b) The Restricted Shares shall immediately vest in full, irrespective of the
limitations set forth in subparagraph (a) above, upon: 
 (i) termination of the Participant’s
Employment due to death; 
 (ii) termination of the Participant’s Employment due to Mandatory Retirement; or

 (iii) a Change in Control of the Corporation, provided that as of such Change in Control the Participant has
been in continuous Employment since the Grant Date. 

  
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 3. Issuance of Shares. Effective as of the Grant Date, the Committee or its
designated representative shall cause a number of shares of Common Stock equal to the number of Restricted Shares to be issued and registered in the Participant’s name, subject to the conditions and restrictions set forth in this Award
Agreement and the Plan. Such issuance and registration shall be evidenced by an entry on the registry books of the Corporation. Any book entries evidencing the Restricted Shares shall carry or be endorsed with a legend referring to the conditions
and restrictions set forth in this Award Agreement and the Plan. The Participant shall not be entitled to release of the restrictions on the book entry evidencing such Restricted Shares for any portion of the Restricted Shares unless and until the
related Restricted Shares have vested pursuant to Paragraph 2. In the event the Restricted Shares are forfeited in full or in part, the Participant hereby consents to the relinquishment of the forfeited Restricted Shares theretofore issued and
registered in the Participant’s name to the Corporation at that time. 
 4. Forfeiture or Repayment Resulting from
Forfeiture Event. 
 (a) If there is a Forfeiture Event either while the Participant is employed or within two years after
termination of the Participant’s Employment, then the Committee may, but is not obligated to, cause all of the Participant’s unvested Restricted Shares to be forfeited by the Participant and returned to the Corporation. 

(b) If there is a Forfeiture Event either while the Participant is employed or within two years after termination of the
Participant’s Employment, then with respect to Restricted Shares granted under this Award Agreement that have vested, the Committee may, but is not obligated to, require that the Participant pay to the Corporation an amount (the
“Forfeiture Amount”) up to (but not in excess of) the lesser of (i) the value of such previously vested Restricted Shares as of the date such shares vested or (ii) the value of such previously vested Restricted Shares as of the
date on which the Committee makes a demand for payment of the Forfeiture Amount. Any Forfeiture Amount shall be paid by the Participant within sixty (60) days of receipt from the Corporation of written notice requiring payment of such
Forfeiture Amount. 
 (c) This Paragraph 4 shall apply notwithstanding any provision of this Award Agreement to the contrary and
is meant to provide the Corporation with rights in addition to any other remedy which may exist in law or in equity. This Paragraph 4 shall not apply to the Participant following the effective time of a Change in Control. 

(d) Notwithstanding the any other provision of this Agreement to the contrary, the Participant agrees that the Corporation may also
require that the participant repay to the Corporation any compensation paid to the Participant under this Agreement, 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. 
 5. Taxes. Pursuant to Section 11 of the Plan, the Corporation or its designated representative shall have the right to withhold applicable taxes from the shares of Common Stock otherwise
deliverable to the Participant due to the vesting of Restricted Shares pursuant to Paragraph 2, or from other compensation payable to the Participant, at the time of the vesting and delivery of such shares. 

6. Shareholder Rights. Unless and until the Restricted Shares are forfeited, the Participant shall have the rights of a
shareholder with respect to the Restricted Shares as of the Grant Date, including the right to vote the Restricted Shares and the right to receive dividends. The Participant hereby consents to receiving any dividends on the unvested Restricted
Shares through the Corporation’s payroll and, accordingly, directs the 

  
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Corporation’s transfer agent to pay such dividends to the Corporation on his or her behalf. 
 7. Nonassignability. Upon the Participant’s death, the Restricted Shares shall be transferred to the Participant’s estate. Otherwise, the Participant may not sell, transfer, assign,
pledge or otherwise encumber any portion of the Restricted Shares, and any attempt to sell, transfer, assign, pledge, or encumber any portion of the Restricted Shares shall have no effect. 

8. No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to (or impose any obligations
for) continued Employment by the Corporation or any Subsidiary or successor, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Participant. 

9. Modification of Agreement. Any modification of this Award Agreement shall be binding only if evidenced in writing and signed by
an authorized representative of the Corporation, provided that no modification may, without the consent of the Participant, adversely affect the rights of the Participant. 
 10. Officer Holding Requirement. Participant agrees that any shares received by the Participant in settlement of this Award shall be subject an additional holding period of one year from the date
on which the award is settled, during which holding period such shares (net of shares used to satisfy the applicable tax withholding requirements) may not be sold or transferred by the Participant. This holding requirement shall cease to apply upon
the death of the Participant during the holding period. 
 11. Definitions. For purposes of this Award Agreement:

 “Change in Control,” unless otherwise defined by the Committee, means a change in control 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, 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 defined 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 in 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 who becomes such a beneficial owner in connection with an Excluded Transaction (as defined in paragraph (iii) below);

 (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 

  
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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 
 (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 holders of 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, or the stockholders 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. 

Notwithstanding any other provision to the contrary, in no event shall the transfer of ownership interests in the
Corporation in and of itself constitute a Change in Control under this Award Agreement. 

“Employment” means employment with the Corporation or any of its Subsidiaries. For purposes of this Award
Agreement, Employment shall also include any period of time during which the Participant is on Disability status. 
 “Forfeiture Event” means the occurrence of at least one of the following (a) the Corporation is required, pursuant to a determination made by the Securities and Exchange Commission
or by the Audit Committee of the Board, to prepare a material accounting restatement due to the noncompliance of the Corporation with any financial reporting requirement under applicable securities laws as a result of misconduct, and the Committee
determines that (1) the Participant knowingly engaged in the misconduct, (2) the Participant was grossly negligent with respect to such misconduct or (3) the Participant knowingly or grossly negligently failed to prevent the
misconduct or (b) the Committee concludes that the Participant engaged in fraud, embezzlement or other similar misconduct materially detrimental to the Corporation. 

“Mandatory Retirement” means termination of Employment as a result of the Corporation’s policy, if
any, requiring the mandatory retirement of officers and/or other employees upon reaching a certain age or milestone. 
  

			
	Marathon Petroleum Corporation
		
	By	 	 
		 	Authorized Officer

  
 4EX-10.5

 Exhibit 10.5 
 MARATHON PETROLEUM CORPORATION 
 NONQUALIFIED STOCK OPTION AWARD AGREEMENT

 [GRANT DATE] 
 Officer 
 Pursuant to this Award Agreement, MARATHON PETROLEUM CORPORATION
(the “Corporation”) hereby grants to [NAME] (the “Optionee”), an employee of the Corporation or a Subsidiary, on [DATE] (the “Grant Date”), a right (the “Option”) to purchase from the Corporation
[NUMBER] shares of Common Stock of the Corporation at a grant price of $[PRICE] per share (the “Grant Price”), pursuant to the Marathon Petroleum Corporation Second Amended and Restated 2011 Incentive Compensation Plan (the
“Plan”), with such number of shares and such price per share being subject to adjustment as provided in Section 14 of the Plan, and further subject to the following terms and conditions: 

1. Relationship to the Plan. This Option is subject to all of the terms, conditions and provisions of the Plan and administrative
interpretations thereunder, if any, that have been adopted by the Committee. Except as defined herein (including in Paragraph 12 of this Award Agreement), capitalized terms shall have the same meanings ascribed to them under the Plan. To the extent
that any provision of this Award Agreement conflicts with the express terms of the Plan, the terms of the Plan shall control and, if necessary, the applicable provisions of this Award Agreement shall be hereby deemed amended so as to carry out the
purpose and intent of the Plan. References to the Optionee also include the heirs or other legal representatives of the Optionee. 
 2. Exercise and Vesting Schedule. 
 (a) This Option shall become
exercisable in three cumulative annual installments, as follows: 
 (i) one-third of the Option Shares shall
become exercisable on the first anniversary of the Grant Date; 
 (ii) an additional one-third of the Option
Shares shall become exercisable on the second anniversary of the Grant Date; and 
 (iii) the remaining one-third
of the Option Shares shall become exercisable on the third anniversary of the Grant Date; 
 provided, however, that the Optionee must be in
continuous Employment from the Grant Date through the date of exercisability of each installment in order for the Option to become exercisable with respect to additional shares of Common Stock on such date. If the Employment of the Optionee is
terminated for any reason other than death or Retirement, any Option Shares that are not exercisable as of the date of such termination of Employment shall be forfeited to the Corporation. 

(b) This Option shall become fully exercisable, irrespective of the limitations set forth in subparagraph (a) above, upon:

  
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 (i) termination of the Optionee’s Employment due to death; 

(ii) termination of the Optionee’s Employment due to Retirement; or 

(ii) a Change in Control of the Corporation, provided that as of such Change in Control the Optionee had been in
continuous Employment since the Grant Date. 
 3. Expiration of Option. 

(a) Expiration of Option Period. The Option Period shall expire on the tenth anniversary of the Grant Date. 

(b) Termination of Employment Due to Death or Retirement. If Employment of the Optionee is terminated due to death or Retirement,
the Option shall expire upon the earlier of (i) five years following the date of termination of Employment or (ii) expiration of the Option Period. The death of the Optionee following Retirement but prior to the expiration of the Option
shall have no effect on the expiration of the Option. 
 (c) Termination of Employment by the Corporation for Cause or Due to
Resignation. If Employment of the Optionee is terminated by the Corporation or any of its Subsidiaries for Cause or due to voluntary resignation by the Optionee, the Option shall expire upon the termination of Employment. 

(d) Termination of Employment by the Corporation Other Than For Cause. If Employment of the Optionee is terminated by the
Corporation or any of its Affiliates for any reason other than Cause, the Option shall expire upon the earlier of (i) 90 days following the date of termination of Employment or (ii) expiration of the Option Period. 

(e) Termination of Employment Following Change in Control. If Employment of the Optionee is terminated following a Change in
Control and, as a result, the Optionee is eligible for severance benefits under a Change in Control Agreement, the Option shall remain exercisable throughout the Option Period. 

4. Employment with a Competitor. Notwithstanding anything herein to the contrary, in the event the Committee, the Chief Executive
Officer, or an authorized officer determines that the Optionee has accepted or intends to accept employment with a competitor of any business unit of the Corporation, the Committee, the Chief Executive Officer, or the authorized officer may cancel
the Option by written notice to the Optionee. 
 5. Forfeiture or Repayment Resulting from Forfeiture Event. 

(a) Forfeiture of Unexercised Option. If a Forfeiture Event occurs during the Optionee’s Employment or within two years
following Optionee’s termination of Employment, the Committee may, but is not obligated to, cause the Option granted under this Award Agreement to be forfeited with respect to some or all shares of Common Stock subject to the Option.

  
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 (b) Repayment of Spread on Exercised Option. If a Forfeiture Event occurs during the
Optionee’s Employment or within two years following Optionee’s termination of Employment, the Committee may, but is not obligated to, require the Optionee to pay to the Corporation an amount up to (but not in excess of) the difference
between the Grant Price and market price of the Option on the date of exercise with respect to any shares for which the Option has been exercised (the “Forfeited Spread Amount”). Any Forfeited Spread Amount shall be paid by the Participant
within sixty (60) days of receipt from the Corporation of written notice requiring payment of such Forfeited Spread Amount. 
 (c) Application of Forfeiture Provisions. This Paragraph 5 shall apply notwithstanding any provision of this Award Agreement to the contrary and is meant to provide the Corporation with rights in
addition to any other remedy which may exist in law or in equity. This Paragraph 5 shall not apply to the Optionee following the effective time of a Change in Control. 
 (d) Notwithstanding the any other provision of this Agreement to the contrary, the Participant agrees that the Corporation may also require that the participant repay to the Corporation any compensation
paid to the Participant under this Agreement, 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. 
 6. Exercise of Option. Subject to the
limitations set forth herein and in the Plan, this Option may be exercised in whole or in part by providing notice to the Committee or its designated representative of the number of Option Shares to be exercised. Such notice shall be accompanied by
payment of the Grant Price of such Option Shares in cash or, at the election of the Optionee, in shares of Common Stock or any combination thereof. For purposes of determining the amount, if any, of the purchase price satisfied by payment in Common
Stock, such Common Stock shall be valued at its Fair Market Value on the date of exercise. Upon receipt of the purchase price, the Corporation or its designated representative shall issue or cause to be issued to the Optionee a number of shares of
Common Stock equal to the number of Option Shares then exercised. 
 7. Taxes. The Corporation or its designated
representative shall have the right to withhold applicable taxes from the shares of Common Stock otherwise payable to the Optionee upon exercise of the Option or from compensation otherwise payable to the Optionee at the time of exercise pursuant to
Section 11 of the Plan. 
 8. Shareholder Rights. The Optionee shall have no rights of a shareholder with respect to
the Option Shares unless and until such time as the Option has been exercised and shares of Common Stock have been issued to the Optionee in conjunction with the exercise of the Option. 

9. Nonassignability. During the Optionee’s lifetime, the Option may be exercised only by the Optionee or by the
Optionee’s guardian or legal representative. Upon the Optionee’s death, the Option shall be transferred to the Optionee’s estate. Otherwise, the Optionee may not sell, transfer,

  
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assign, pledge or otherwise encumber any portion of the Option, and any attempt to sell, transfer, assign, pledge, or encumber any portion of the Option shall have no effect. 

10. No Employment Guaranteed. Nothing in this Award Agreement shall give the Optionee any rights to (or impose any obligations
for) continued Employment by the Corporation or any Affiliate thereof or successor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Optionee. 

11. Modification of Agreement. Any modification of this Award Agreement shall be binding only if evidenced in writing and signed
by an authorized representative of the Corporation, provided that no modification may, without the consent of the Optionee, adversely affect the rights of the Optionee hereunder. 

12. Definitions. For purposes of this Award Agreement: 

“Cause” means termination from Employment by the Corporation or its Subsidiaries due to unacceptable
performance, gross misconduct, gross negligence, material dishonesty, material acts detrimental or destructive to the Corporation or its Subsidiaries, employees or property, or any material violation of the policies of the Corporation or its
Subsidiaries. 
 “Change in Control,” unless otherwise defined by the Committee, means a change
in control 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, 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 defined 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 in 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 who becomes such a beneficial owner in connection with an Excluded Transaction (as defined in paragraph (iii) below); 

(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 

  
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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 

(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 holders of 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, or the stockholders 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. 
 Notwithstanding any other provision to the contrary, in no
event shall the transfer of ownership interests in the Corporation in and of itself constitute a Change in Control under this Award Agreement. 
 “Change in Control Agreement” means any plan, program, agreement, or arrangement under which the Corporation or a Subsidiary agrees to provide benefits to the Optionee in the event he or
she is terminated following a Change in Control, as applicable to the Optionee at the relevant time. 

“Employment” means employment with the Corporation or any of its Affiliates. For purposes of this Option,
Employment shall also include any period of time during which the Optionee is on Disability status. 

“Forfeiture Event” means the occurrence of at least one of the following (a) the Corporation is
required, pursuant to a determination made by the Securities and Exchange Commission or by the Audit Committee of the Board, to prepare a material accounting restatement due to the noncompliance of the Corporation with any financial reporting
requirement under applicable securities laws as a result of misconduct, and the Committee determines that (1) the Optionee knowingly engaged in the misconduct, (2) the Optionee was grossly negligent with respect to such misconduct or
(3) the Optionee knowingly or grossly negligently failed to prevent the misconduct or (b) the Committee concludes that the Optionee engaged in fraud, embezzlement or other similar misconduct materially detrimental to the Corporation.

  
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 “Option Period” means the period commencing upon the
Optionee’s receipt of this Award Agreement and ending on the date on which the Option expires pursuant to Paragraph 3(a). 
 “Option Shares” means the shares of Common Stock covered by this Option. 
 “Retirement” means (i) for an Employee participating in the Retirement Plan, termination on or after the time at which the Employee is eligible for retirement under the Retirement
Plan, or (ii) for an Employee not participating in the Retirement Plan, (a) for an Employee with ten or more years of Employment, termination on or after the Employee’s 50th birthday or (b) termination on or after the
Employee’s 65th birthday . 
 “Retirement Plan” means the Marathon Petroleum Retirement
Plan or a successor plan, as applicable. 
  

			
	Marathon Petroleum Corporation
		
	By	 	 
		 	Authorized Officer

  
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