Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Tesoro Corporation ("Tesoro" or the "Company") previously reported on Form 8-K
dated April 21, 2009 the promotion of Charles S. Parrish to Executive Vice
President, General Counsel and Secretary and agreed to enter into an Employment
Agreement (the "Agreement") with Mr. Parrish. In addition, Tesoro reported that
the Company would amend the Form 8-K to file the Agreement upon execution.
On May 7, 2009, the Agreement was executed between the Company and Mr. Parrish.
The employment agreement provides, among other things, additional compensation
and extension of certain benefits in connection with certain events, as more
fully described in the Agreement. The employment agreement is filed as
Exhibit 10.1 to this Current Report on Form 8-K/A and is incorporated herein by
reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
10.1 Employment Agreement between the Company and Charles S. Parrish dated as
of May 7, 2009.