Item 5.02. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
Christopher W. Keene, Vice President, Business Development of Sunoco Partners
LLC ("the Company"), general partner of Sunoco Logistics Partners L.P. (the
"Partnership"), will leave his position effective as of May 14, 2009 to pursue
other opportunities. Mr. Keene's departure did not result from any disagreement
with the Company or the Partnership on any matter relating to either entity's
operations, policies or practices.
In connection with his departure, the special unit award granted to Mr. Keene on
January 26, 2007 pursuant to the Company's Long-Term Incentive Plan (further
described in the Partnership's Form 10-K for the year ended December 31, 2008
and filed on February 24, 2009) will vest at a payout percentage of 100% and
will become payable on May 28, 2009, together with all applicable distribution
equivalent rights.
Add
SXL to Portfolio
Set Alert
Email to a
Friend