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This excerpt taken from the MRO DEF 14A filed Mar 13, 2007. 1. Plan.
The Marathon Oil Corporation 2007 Incentive Compensation Plan (the “Plan”) was
adopted by the Board of Directors of Marathon Oil Corporation, a Delaware
corporation (the “Corporation”), to reward certain officers and employees of
the Corporation and its Subsidiaries and Non-employee Directors of the
Corporation by providing for certain cash benefits and by enabling them to
acquire shares of Common Stock of the Corporation.
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