MARATHON OIL CORP
MARATHON OIL COMPANY DEFERRED COMPENSATION PLAN
<DOCUMENT>
<TYPE>EX-10.28
<SEQUENCE>7
<FILENAME>h32018exv10w28.htm
<DESCRIPTION>MARATHON OIL COMPANY DEFERRED COMPENSATION PLAN
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<TITLE>exv10w28</TITLE>
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<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;10.28</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>MARATHON OIL COMPANY</B>

</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>DEFERRED COMPENSATION PLAN</B>

</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Effective</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>January&nbsp;1, 2006</B>

</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Table of Contents</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
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<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Article&nbsp;I. Definitions</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>1</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Article&nbsp;II. Eligibility</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Article&nbsp;III. Deferral of Compensation</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Article&nbsp;IV. Other Contributions</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>2</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Article&nbsp;V. Accounting</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Article&nbsp;VI. Vesting</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Article&nbsp;VII. Distribution of Benefits</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>3</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Article&nbsp;VIII. Funding</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>4</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Article&nbsp;IX. Plan Administration</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>5</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Article&nbsp;X. Modification and Discontinuance</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>7</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Article&nbsp;XI. General Provisions</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>8</B></TD>
    <TD>&nbsp;</TD>
</TR>
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<P align="center" style="font-size: 10pt">&nbsp;
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<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>MARATHON OIL COMPANY</B>

</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>DEFERRED COMPENSATION PLAN</B>

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This document serves both as the plan instrument and the summary plan description (SPD)&nbsp;that
the Company is required to provide Plan participants. It contains the provisions of the Marathon
Oil Company Deferred Compensation Plan (MOC-DCP) as of January&nbsp;1, 2006.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Article&nbsp;I. Definitions</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>1.1</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Account&#148; </B>means an unfunded liability of the Employer in the name of each Participant.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>1.2</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Affiliated Company&#148; </B>means any company required to be aggregated with Marathon Oil Company
under IRC Section&nbsp;414(b), (c), (m)&nbsp;or (o).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>1.3</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Beneficiary&#148; </B>means any person(s) designated in writing by a Participant to receive payment
under this MOC-DCP in the event of the Participant&#146;s death. In the event the Participant is
married and has designated no other beneficiary (or if the designated beneficiary has
predeceased the Participant), Beneficiary shall mean the Participant&#146;s spouse. In the event
the Participant is not married at death and has designated no beneficiary (or if the
designated beneficiary has predeceased the Participant), Beneficiary shall mean the
Participant&#146;s estate.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>1.4</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Board&#148; </B>means the Board of Directors of the Marathon Oil Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>1.5</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Code&#148; </B>means the Internal Revenue Code of 1986, as amended.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>1.6</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Company&#148; </B>means Marathon Oil Company, Marathon Service Company and other related entities
that adopt the Plan with the Board&#146;s consent.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>1.7</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Compensation&#148; </B>means gross pay as defined in the qualified Marathon Oil Company Thrift Plan
without regard to any IRS limitations.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>1.8</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Eligible Employee&#148; </B>means (i)&nbsp;Marathon Oil Corporation Officers in Grade 19 and above and
(ii)&nbsp;employees who were making contributions to the MOC-DCP on August&nbsp;27, 2003, and have made
contributions on a continual basis since that date , in each instance whose Compensation is
equal to or greater than the amount that is provided in Code section 414(q)(1)(B), as adjusted
annually pursuant to the last paragraph of Code section 414(q)(1).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>1.9</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Employee&#148; </B>means any individual employed by the Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>1.10</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Employer&#148; </B>means Marathon Oil Company, Marathon Service Company and other related entities
that adopt the Plan with the Board&#146;s consent.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>1.11</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;ERISA&#148; </B>means the Employees Retirement Income Security Act of 1974 as amended.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
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<TR valign="bottom"><!-- Blank Space -->
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">MOC Deferred Compensation Plan
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">1</TD>
</TR>
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</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
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<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>1.12</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Nonqualified Plan&#148; or &#147;MOC-DCP&#148; </B>means The Marathon Oil Company Deferred Compensation Plan.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>1.13</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Participant&#148; </B>means an Eligible Employee who elects to participate and/or receives
contributions under the MOC-DCP pursuant to Article&nbsp;III or IV of this MOC-DCP.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>1.14</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Plan Administrator&#148; </B>means Eileen M. Campbell and any successor as designated by the Company
to administer the Plan.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>1.15</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Plan Year&#148; </B>means the 12-consecutive month period beginning each January 1 and ending each
December&nbsp;31.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>1.16</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Retirement&#148; </B>means any termination of employment from Marathon or an Affiliated Company upon
the earlier of attaining age 50 with ten (10)&nbsp;years of vesting service or attaining age 65.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>1.17</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Salary Deferral&#148; </B>means the total amount deferred by the Participant from Compensation under
Article&nbsp;III and Article&nbsp;IV.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Article&nbsp;II. Eligibility</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Any Marathon Oil Corporation Officer in compensation Grade 19 and above shall be eligible to
participate in this Marathon Oil Company Deferred Compensation Plan (MOC-DCP). Employees who were
making contributions to the Plan on or after August&nbsp;27, 2003, and who are not MRO officers in
compensation Grade 19 and above, may continue participation, provided contributions to the Plan are
not interrupted and an annual election form is completed each year. If a participant, other than a
Marathon Oil Corporation Officer, elects to discontinue contributions, Plan participation
terminates and they will not be permitted to elect to make future contributions.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Article&nbsp;III. Deferral of Compensation</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Each Participant may elect prior to the first day they become eligible to participate in the
Plan, and thereafter, the first day of any Plan Year, to defer up to 20% of their Compensation (in
1% increments). An election to defer compensation shall be effective as of the first day of Plan
participation, or thereafter, the first day of the Plan Year following the election, and shall
remain in effect for the remainder of the Plan Year.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Article&nbsp;IV. Other Contributions</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">During each year that an employee is eligible to participate in the MOC-DCP, any Thrift Plan
Company match that under the law is excluded from the Thrift Plan would be allocated to the
MOC-DCP. In addition, any Thrift Plan Company match that would otherwise be attributable to the
deferred compensation amounts not covered by the qualified Thrift Plan would be allocated to the
MOC-DCP. The actual MOC-DCP employee elected contributions, however, are not matched by the
Company.
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
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<TR valign="bottom"><!-- Blank Space -->
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">MOC Deferred Compensation Plan
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">2</TD>
</TR>
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</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
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<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">New hires who are eligible for this Plan and, who, except for the provisions governing the Thrift
Plan&#146;s &#147;waiting period,&#148; would otherwise be eligible to participate in the Thrift Plan are eligible
to receive a Deferred Compensation Plan accrual equal to 6% of gross pay (as defined in the Thrift
Plan) during the Thrift Plan&#146;s waiting period. This accrual is subject to the terms and conditions
of this Plan and shall cease to the extent that upon the first date of participation eligibility in
the Thrift Plan the employee is eligible under the law for Thrift Plan Company matching
contributions.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Article&nbsp;V. Accounting</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>5.1</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Allocation to Participant&#146;s Account</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The total amount of the deferred compensation shall be credited to the Participant&#146;s
Account, as of the date such amount would otherwise have been paid to such Participant.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>5.2</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Earnings</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A Participant may select from a list of investment options that will be the same as the
investment options offered and modified from time to time under the terms of the qualified
Marathon Oil Company Thrift Plan. Earnings, gains and losses received on the investments
will be credited to the Participant&#146;s Account on a daily basis. The Plan Administrator
shall develop such accounting procedures as it, in its sole discretion, deems advisable to
properly reflect the value attributable to the Participant&#146;s Account.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Note</B>:</TD>
    <TD>&nbsp;</TD>
    <TD>Effective May&nbsp;4, 2002 the option to purchase Company stock through the MOC-Deferred Compensation Plan was eliminated.</TD>
</TR>
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Article&nbsp;VI. Vesting</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">A Participant&#146;s elected contributions shall always be immediately vested. Other contributions
as defined under Article&nbsp;IV are vested as currently provided under the terms and conditions of the
Marathon Oil Company Thrift Plan. Irrespective of the preceding, a Participant&#146;s Account shall be
subject to any claims for damages the Company may have due to the Participant&#146;s negligence, willful
misconduct or fraud while in the Company&#146;s employment. In addition, the Participant&#146;s account may
be reduced by any amount resulting from any outstanding receivables, debts, loans or other
obligations owed to the Company.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Article&nbsp;VII. Distribution of Benefits</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">A Participant shall be entitled to a cash distribution under the MOC-DCP as provided in this
Article&nbsp;VII.
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>7.1</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>General Rule</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Upon termination of employment from MOC or any Affiliated Company for any reason other than
a transfer or retirement, a lump sum distribution is permitted.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
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<TR valign="bottom"><!-- Blank Space -->
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">MOC Deferred Compensation Plan
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">3</TD>
</TR>
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</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
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<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Effective for terminations on or after January&nbsp;1, 2006, with respect to any portion of a
Participant&#146;s Account that was unvested as of December&nbsp;31, 2004, or was accrued after
December&nbsp;31, 2004, a Participant may receive a lump sum distribution or annual installments
in accordance with the distribution election procedures established by the Plan
Administrator. If no election is made, the separated Participant&#146;s Account will be paid as
a lump sum distribution.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>7.2</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Retirement</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Upon Retirement, a Participant may receive a lump sum distribution or annual installments
over a period not to exceed 10&nbsp;years. Effective January&nbsp;1, 2006, if no election is made,
the retired Participant&#146;s Account will be paid in a lump sum distribution.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>7.3</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Death</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Upon the death of a Participant, a lump sum distribution is permitted to the Participant&#146;s
beneficiary.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>7.4</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Class&nbsp;Year System</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Effective January&nbsp;1, 2006, the &#147;class year&#148; distribution option is no longer available. For
&#147;class year&#148; elections made prior to January&nbsp;1, 2006, separate records will be maintained
for each Account according to the Salary Deferrals and investment earnings and losses
attributable to each Plan Year that the individual participates in the Plan. Class&nbsp;Year
payouts shall commence as soon as administratively practicable in the year specified in the
Salary Deferral election.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>7.5</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Earnings on Unpaid Balances</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In the event a Participant is entitled to receive a distribution, the Participant&#146;s Account
shall be credited with earnings pursuant to the provisions set forth in Article&nbsp;V.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>7.6</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Request for Benefits</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Any person claiming a benefit under the DCP shall present the request to the Plan
Administrator in writing, who shall respond in writing as soon as may be feasible.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Article&nbsp;VIII. Funding</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Benefits under this MOC-DCP shall be paid from the general assets of the Company. This
MOC-DCP shall be administered as an unfunded plan which is maintained primarily for the purpose of
providing supplemental retirement compensation &#147;for a select group of management or highly
compensated employees&#148; as set forth in Sections&nbsp;201(2), 301(3), and 401(a)(1) of the ERISA, and is
not intended to meet the qualification requirements of Section&nbsp;401 of the Code. Any assets set
aside by the Company for the purpose of paying benefits under this MOC-DCP shall not be deemed to
be the property of the Participant and shall be subject to claims of creditors of the Company. No
Participant or other person shall have any claim against, right to, or security or other interest
in, any fund, account or asset of the Company from which any payment under the MOC-DCP may be made.
Any use of the words &#147;contributions&#148; or &#147;contribute,&#148; or any similar phrase, shall not require
actual contributions or funding of this MOC-DCP and is only used for convenience when describing
the deferral activities of this MOC-DCP.
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom"><!-- Blank Space -->
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">MOC Deferred Compensation Plan
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">4</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Article&nbsp;IX. Plan Administration</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>9.1</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>General Duty</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Marathon Oil Company Deferred Compensation Plan shall be administered by the Plan
Administrator who shall be appointed by the Company and shall serve in such capacity until
resignation or removal by the Company. It shall be the principal duty of the Plan
Administrator to determine that the provisions of the MOC-DCP are carried out in accordance
with its terms, for the exclusive benefit of persons entitled to participate in the MOC-DCP.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>9.2</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Plan Administrator&#146;s General Powers, Rights and Duties</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Plan Administrator shall have full power to administer the MOC-DCP in all of its
details, subject to the applicable requirements of law. For this purpose, the Plan
Administrator is, as respects the rights and obligations of all parties with an interest in
this MOC-DCP, given the powers, rights and duties specifically stated elsewhere in the
MOC-DCP, or any other document, and in addition is given, but not limited to, the following
powers, rights and duties:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">a.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>to determine all questions arising under the MOC-DCP, including the power to
determine the rights or eligibility of Employees or Participants and any other persons,
and the amounts of their contributions or benefits under the MOC-DCP, to interpret the
MOC-DCP, and to remedy ambiguities, inconsistencies or omissions;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">b.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>to adopt such rules of procedure and regulations, including the establishment
of any claims procedure that may be required by law, as in its opinion may be necessary
for the proper and efficient administration of the MOC-DCP and as are consistent with
the MOC-DCP;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">c.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>to direct payments or distributions from the MOC-DCP in accordance with the
provisions of the MOC-DCP;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">d.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>to develop such information as may be required by it for tax or other purposes
as respects the MOC-DCP; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">e.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>to employ agents, attorneys, accountants or other persons (who also may be
employed by the Company), and allocate or delegate to them such powers as the Plan
Administrator may consider necessary or advisable to properly carry out the
administration of the MOC-DCP.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Plan Administrator&#146;s decision in any matter involving the interpretation and application
of this MOC-DCP shall be final and binding. In the event the Plan Administrator would have
to decide any issue under the MOC-DCP which could affect the form or timing of the payment
of deferred compensation under the MOC-DCP, then the Company shall make that decision.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>9.3</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Nondiscriminatory Exercise of Authority</B></TD>
</TR>

</TABLE>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom"><!-- Blank Space -->
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">MOC Deferred Compensation Plan
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">5</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Any discretionary acts taken under this Plan by the Plan Administrator shall be uniform in
their nature, shall be applicable to all members similarly situated, and shall be
administered in a nondiscriminatory manner in accordance with the provisions of the Code and
ERISA.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>However, such preceding requirement shall not prohibit the Plan Administrator from valuing
the Account of a Participant at a different date or time in order to facilitate a
distribution, nor from taking other actions which may be different with respect to a
Participant so long as with respect to a particular action, right, or privilege granted by
the MOC-DCP or established by the Plan Administrator, the Participant is treated in a
similar fashion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>9.4</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Indemnification of Administrator</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Company agrees to indemnify and to defend to the fullest extent permitted by law any
Employee serving as the Plan Administrator against all liabilities, damages, costs and
expenses (including attorney&#146;s fees and amounts paid in settlement of any claims approved by
the Company) occasioned by any act of omission to act in connection with the MOC-DCP, if
such act of omission is or was in good faith.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>9.5</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Information Required by Plan Administrator</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Plan Administrator shall obtain such data and information as deemed necessary or
desirable in order to administer the MOC-DCP. The records of the Company as to an
Employee&#146;s or Participant&#146;s period or periods of employment, termination of employment and
the reason therefor, leave of absence, re-employment and earnings will be conclusive on all
persons unless determined by independent agents or delegates of the Plan Administrator to be
incorrect. Participants and other persons entitled to benefits under the MOC-DCP also shall
furnish the Plan Administrator with such evidence, data or information, as the Plan
Administrator considers necessary or desirable to administer the MOC-DCP.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>9.6</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Claims and Review Procedures</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>a.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Claims Procedure. </B>If a Participant believes any rights or benefits are being
improperly denied under the MOC-DCP, such Participant may file a claim in writing with
the Plan Administrator. If any such claim is wholly or partially denied, the Plan
Administrator shall notify such Participant of its decision in writing. Such
notification shall be written in a manner calculated to be understood by such
Participant and shall contain (i)&nbsp;specific reasons for the denial, (ii)&nbsp;specific
reference to pertinent MOC-DCP provisions, (iii)&nbsp;a description of any additional
material or information necessary for the Participant to perfect such claim and an
explanation of why such material or information is necessary, and (iv)&nbsp;information as
to the steps to be taken if the Participant wishes to submit a request for review.
Such notification shall be given within 90&nbsp;days after the claim is received by the Plan
Administrator (or within 180&nbsp;days, if special circumstances require an extension of
time for processing the claim, and if written notice of such extension and
circumstances is given to such Participant within the initial 90&nbsp;day period.) If such
notification is not given within such period the claim shall be considered denied as of
the last day of such period and such Participant may request a review of his claim.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom"><!-- Blank Space -->
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">MOC Deferred Compensation Plan
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">6</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>b.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Review Procedure. </B>Within 60&nbsp;days after the date on which a Participant
receives a written notice of a denied claim (or, if applicable, within 60&nbsp;days after
the date on which such denial is considered to have occurred) such Participant (or the
Participant&#146;s duly authorized representative) may (i)&nbsp;file a written request with the
Plan Administrator for a review of his denied claim and of pertinent documents, and
(ii)&nbsp;submit written issues and comments to the Plan Administrator. The Plan
Administrator shall notify such Participant of its decision in writing. Such
notification shall be written in a manner calculated to be understood by such
Participant and shall contain specific reasons for the decision as well as specific
references to pertinent MOC-DCP provision. The decision on review shall be made within
60&nbsp;days after the request for review is received by the Plan Administrator (or within
120&nbsp;days, if special circumstances require an extension of time for processing the
request, such as an election by the Plan Administrator to hold a hearing, and if
written notice of such extension and circumstances is given to such person within the
initial 60&nbsp;day period). If the decision on review is not made within such period, the
claim shall be considered denied.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>9.7</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Furnishing Information or Providing Other Reports</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Plan Administrator shall provide Employees with: (a)&nbsp;a description of the MOC-DCP, and
(b)&nbsp;such other information or notices as required by the ERISA or other applicable law.
After payment by the Employee of a reasonable charge, which charge may be waived by the Plan
Administrator, the Plan Administrator shall provide the Employee with a copy of this MOC-DCP
upon written request by the Employee. The Plan Administrator shall also file with
government authorities any reports or returns required.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>9.8</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Account Statement</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Participants shall receive statements at least annually of their Account reflecting amounts
deferred and any adjustments due to gain or loss resulting from distributions and any
allocable expenses. The Plan Administrator may establish other dates to provide additional
statements.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Article&nbsp;X. Modification and Discontinuance</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Marathon Oil Company reserves the right to modify, suspend, or terminate the Plan at any time,
in whole or in part, in such manner as it shall determine. Included in the Company&#146;s right to
amend, suspend or terminate is the Company&#146;s right at any time to no longer permit any additional
participants under the MOC-DCP, to cease making Company allocations, and to distribute all Account
balances upon MOC-DCP termination. The Plan Administrator may promulgate rules and procedures from
time to time to carry out the provisions of this Article&nbsp;X. However, in no event shall the Company
have the right to eliminate or reduce any benefit, which has been vested or become forfeitable
under the MOC-DCP, pursuant to Article&nbsp;VI.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In addition to the other methods of amending MOC&#146;s employee benefit plans, practices, and policies
(hereinafter referred to as &#145;MOC Employee Benefit Plans&#146;) which have been authorized, or may in the
future be authorized, by the Board, the Company&#146;s Vice President of Human Resources may approve the
following types of amendments to MOC Employee Benefit Plans:
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom"><!-- Blank Space -->
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">MOC Deferred Compensation Plan
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">7</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left">i.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>With the opinion of counsel, technical amendments required by applicable laws and regulations;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left">ii.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>With the opinion of counsel, amendments that are clarifications of plan provisions;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left">iii.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Amendments in connection with a signed definitive agreement governing a merger, acquisition or divestiture such that, for
MOC Employee Benefit Plans, needed changes are specifically described in the definitive agreement, or if not specifically
described in the definitive agreement, the needed changes are in keeping with the intent of the definitive agreement;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left">iv.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Amendments in connection with changes that have a minimal cost impact (as defined below) to the Company; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left">v.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>With the opinion of counsel, amendments in connection with changes resulting from state or federal legislative actions that have a minimal cost impact (as defined below) to the Company.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For purposes of the above, &#147;minimal cost impact&#148; is defined as an annual cost impact to the Company
per MOC Employee Benefit Plan case that does not exceed the greater of (i)&nbsp;an amount that is less
than one-half of one percent of its documented total cost (including administrative costs) for the
previous calendar year, or (ii) $100,000.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Article&nbsp;XI. General Provisions</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>11.1</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Notices</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Participant entitled to benefits under the MOC-DCP must file in writing with the Plan
Administrator such Participant&#146;s post office address and each change of post office address.
Any communication, statement or notice addressed to any such Participant at the last post
office address filed with the Plan Administrator will be binding upon such person for all
purposes of the MOC-DCP, and the Plan Administrator shall not be obligated to search for or
ascertain the whereabouts of any Participant. Any notice or document required to be given
or filed with the Plan Administrator shall be considered as given or filed if delivered or
mailed by registered mail, postage prepaid, to Eileen M. Campbell, Vice President of Human
Resources, P.O. Box 3128, Houston, Texas 77253.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>11.2</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Employment Rights</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The MOC-DCP does not constitute a contract of employment, and participation in the Plan will
not give any Participant the right to be retained in the employ of the Company nor any right
or claim to any benefit under the MOC-DCP, unless such right or claim has specifically
accrued under the terms of the MOC-DCP.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>11.3</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Interests Not Transferable</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Except as may be required by law, including the federal income and employment tax
withholding provisions of the Code, or of an applicable state&#146;s income tax act, the
interests of Participants and their beneficiaries under this MOC-DCP are not subject to the
claims of their creditors and may not be voluntarily or involuntarily sold, transferred,
alienated, assigned or encumbered. The preceding shall not preclude the Company</TD>
</TR>

</TABLE>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom"><!-- Blank Space -->
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">MOC Deferred Compensation Plan
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">8</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>from asserting any claim for damages or for any debt that the Company may have with respect
to the Participant.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>11.4</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>No Interest or Earnings</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No interest or earnings of any type shall accrue, be credited or be payable on any amounts
that are credited to a Participant&#146;s Account under this MOC-DCP other than as specified in
Article&nbsp;V, Section&nbsp;5.2.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>11.5</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Facility of Payment</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>When a Participant entitled to benefits under the MOC-DCP is under a legal disability, or,
in the Plan Administrator&#146;s opinion, is in any way incapacitated so as to be unable to
manage their financial affairs, the Plan Administrator may direct that the benefits to which
such Participant otherwise would be entitled shall be made to such Participant&#146;s legal
representative, or to such other person or persons as the Plan Administrator may direct the
application of the benefits for the benefit of such Participant. Any payment made in
accordance with such provisions of this Article&nbsp;XI, Section&nbsp;11.5 shall be a full and
complete discharge of any liability for such payment.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>11.6</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Controlling State Law</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>To the extent not superseded by the laws of the United States, the laws of the State of
Texas shall be controlling in all matters relating to the MOC-DCP.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>11.7</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Severability</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In case any provisions of the MOC-DCP shall be held illegal or invalid for any reason, such
illegality or invalidity shall not affect the remaining provisions of the MOC-DCP, and the
MOC-DCP shall be construed and enforced as if such illegal and invalid provisions had never
been set forth in the MOC-DCP.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>11.8</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Statutory References</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All references to the Code and ERISA include reference to any comparable or succeeding
provisions of any legislation, which amends, supplements or replaces such section or
subsection.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>11.9</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Headings</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Section headings and titles are for reference only. In the event of a conflict between a
title and the content of a section, the content of the section shall control.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>11.10</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Non-taxable Benefits</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>It is the intention of the Company that this MOC-DCP meet all requirements of the Code so
that the benefits provided be non-taxable during the period of deferral and until actual
distribution is made.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom"><!-- Blank Space -->
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">MOC Deferred Compensation Plan
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">9</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN WITNESS WHEREOF, Marathon Oil Company has caused its name to be hereunto subscribed by
its Vice President, Marathon Oil Company, and its corporate seal to be hereto affixed.
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="57%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="36%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">MARATHON OIL COMPANY</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Kenneth Matheny</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">Its:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Kenneth L. Matheny</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Vice President</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">Attest:</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">Its:</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(Corporate Seal)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">STATE OF TEXAS&nbsp;)<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ) ss.<BR>
COUNTY OF HARRIS)

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On this <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> day of
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>, 2006, before me, a notary public within and for
the State of Texas, personally appeared Kenneth L. Matheny and <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>, to me
personally known, who being by me first duly sworn, did depose and say that they are the Assistant
Treasurer, and the <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>, respectively, of Marathon Oil Company, the Corporation
named in and which executed the foregoing instrument; that the seal affixed to the instrument (if
any) is the seal of said corporation, and that said instrument was signed and sealed on behalf of
said corporation by authority of its Board of Directors; and they acknowledged said instrument to
be the free act and deed of said corporation.
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="60%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="39%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom"><DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="bottom"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notary Public, State of Texas</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(Notarial Seal)
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom"><!-- Blank Space -->
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">MOC Deferred Compensation Plan
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">10</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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