Notice of and Consent to Assignment, effective October 1, 2020, by and among Marathon Petroleum Company LP, Marathon Petroleum Trading and Supply LLC and Marathon Pipe Line LLC

Contract Categories: Business Operations › Supply Agreements
EX-10.5 5 mplx-2020930xex105.htm EXHIBIT 10.5 Exhibit



Exhibit 10.5



September 28, 2020


Via Email and US Mail
Marathon Pipe Line LLC
Attn: President
539 S. Main Street
Findlay, OH 45840

Dear Sir:

Effective October 1, 2020, Marathon Petroleum Company LP (“MPC”) will be transitioning its crude procurement and logistics functions to Marathon Petroleum Supply and Trading LLC (“MPST”).

To make this transition as seamless and efficient as possible, MPC will assign its rights and obligations under the agreements identified on the attached Schedule A (the “Agreements”) to MPST. MPC will retain all obligations and liabilities under the Agreements that accrue prior to October 1, 2020. However, your consent to these assignments is necessary.

Therefore, please indicate your consent by signing where indicated below. The assignments will be effective October 1, 2020. By its signature below, MPST confirms to you that it will assume all obligations and liabilities arising under the Agreements after that date. Thank you for your cooperation.

Sincerely,

Marathon Petroleum Company LP
 
 
 
By MPC Investment LLC, its general partner
 
 
 
 
 
 
 
 
By:
/s/ Daniel T. Kimmel
 
 
 
Name:
Daniel T. Kimmel
 
 
 
Title:
Vice President
 
 
 
 
 
 
 
 
ACKNOWLEDGED AND AGREED:
 
CONSENT TO ASSIGNMENT GRANTED:
 
 
 
 
 
Marathon Petroleum Trading and Supply LLC
 
Marathon Pipe Line LLC

 
 
 
 
 
By:
/s/ Dana S. Holden
 
By:
/s/ Shawn M. Lyon
Name:
Dana S. Holden
 
Name:
Shawn M. Lyon
Title:
Vice President
 
Title:
President



SCHEDULE A
(Marathon Pipe Line LLC)

1
Letter Agreement dated 5/2/2000 between Marathon Pipe Line LLC (fka Marathon Ashland Pipe Line LLC) and Marathon Petroleum Company LP (fka Marathon Ashland Petroleum LLC) relating to crude oil deliveries on the Capline Pipeline System.
 
2
Storage Services Agreement between Marathon Pipe Line LLC and Marathon Petroleum Company LP dated 9/24/2012, as amended, relating to storage at the Patoka, Illinois Tank Farm.
 
3
Storage Services Agreement between Marathon Pipe Line LLC and Marathon Petroleum Company LP dated 9/24/2012, as amended, relating to storage at the Lebanon, Indiana Tank Farm.
 
4
Storage Services Agr. between Marathon Pipe Line LLC and Marathon Petroleum Company LP dated 11/10/2017 relating to storage at the Texas City, Texas Tank Farm.
 
5
Transportation Services Agreement between Marathon Pipe Line LLC and Marathon Petroleum Company LP dated 10/31/2012 relating to the Crude Petroleum Pipeline System utilizing the Wood River or Roxanna to Patoka Pipeline Segments.
 
 
6
Transportation Services Agreement between Marathon Pipe Line LLC and Marathon Petroleum Company LP dated 10/31/2012 relating to the Crude Petroleum Pipeline System utilizing the Catlettsburg or Robinson Crude Pipeline Segments.
 
7
Transportation Services Agreement between Marathon Pipe Line LLC and Marathon Petroleum Company LP dated 10/31/2012 relating to the Crude Petroleum Pipeline System with origination points located in Patoka and Martinsville, Illinois and having a destination in Lima, Ohio.
 
8
Transportation Services Agreement between Marathon Pipe Line LLC and Marathon Petroleum Company LP dated 10/31/2012 relating to the Crude Petroleum Pipeline System utilizing the Samaria and Romulus to Detroit Pipeline Segments.
 
 
9
Woodpat Expanded Pipeline Transportation Services Agreement between Marathon Pipe Line LLC and Marathon Petroleum Company LP dated 9/6/2017.
 
10
Ozark-Woodpat Expanded Pipeline Transportation Services Agreement between Marathon Pipe Line LLC and Marathon Petroleum Company LP effective 2/19/2018.
 
11
Transportation Services Agreement (Texas City) between Marathon Pipe Line LLC and Marathon Petroleum Company LP dated 4/1/2019.
 
 
12
Crude Oil Inline Mixing Services Agreement between Marathon Pipe Line LLC and Marathon Petroleum Company LP dated 8/19/2019, as amended.