Second Amendment to Amended and Restated Aircraft Time Sharing Agreement dated as of November 30, 2024, 2024, by and between Marathon Petroleum Company LP and Michael J. Hennigan
EX-10.45 5 mpc-20241231xex1045.htm EX-10.45 Document
Exhibit 10.45
SECOND AMENDMENT
TO
AMENDED AND RESTATED AIRCRAFT TIME SHARING AGREEMENT
THIS SECOND AMENDMENT TO AMENDED AND RESTATED AIRCRAFT TIME SHARING AGREEMENT ("Amendment") is entered into this 30th day of November 2024, by and between Marathon Petroleum Company LP, a Delaware limited partnership (hereinafter "Operator"), and Michael J. Hennigan, an individual (hereinafter "Executive").
WHEREAS, Operator and Executive entered into that certain "Amended and Restated Aircraft Time Sharing Agreement" dated August 14, 2024, as amended (the "Agreement"); and
WHEREAS, Operator and Executive desire to amend the Agreement in certain respects.
NOW, THEREFORE, in consideration of the premises and of the mutual covenants and agreements hereinafter set forth to be kept and performed by the parties hereto, it is mutually covenanted and agreed as follows:
1. Exhibit A to the Agreement is hereby deleted in its entirety and replaced with the attached Exhibit A.
2. Except as hereinabove amended, the Agreement remains in full force and effect as the binding obligation of both Operator and Executive in accordance with its terms, as amended herein.
IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed as of the day and year first written above.
| MARATHON PETROLEUM COMPANY LP | MICHAEL J. HENNIGAN | |||||||||||||
| By: | MPC Investment LLC, its General Partner | |||||||||||||
| By: | /s/ Michael J. Hennigan | |||||||||||||
| By: | /s/ Fiona C. Laird | Michael J. Hennigan, Individually | ||||||||||||
| Name: | Fiona C. Laird | |||||||||||||
| Title: | CHRO and SVP Communications | |||||||||||||
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Exhibit A
Description of Aircraft
Aircraft Make and Model | FAA Registration Number | Aircraft Serial Number | Primary Aircraft Base | ||||||||
| Bombardier Challenger 300 | N422MP | 20422 | KFDY | ||||||||
| Bombardier Challenger 350 | N424MP | 20594 | KFDY | ||||||||
| Bombardier Challenger 3500 | N425MP | 21017 | KSAT | ||||||||
| Bombardier Challenger 3500 | N426MP | 21024 | KFDY | ||||||||
| Gulfstream G450 | N457MP | 4320 | KFDY | ||||||||
| Gulfstream G450 | N459MP | 4327 | KFDY | ||||||||
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