Sunoco 2012 Annual Report Download - page 161

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COMPENSATION COMMITTEE REPORT
The Compensation Committee (the “Committee”) of the Board of Directors of Sunoco Partners LLC (the
Company”) reviews and approves the Company’s executive compensation philosophy; reviews and
recommends to the Board for approval the Company’s short—and long-term compensation plans; reviews and
approves the executive compensation programs and awards; and annually reviews, determines and approves the
compensation for the Chief Executive Officer (“CEO”) and the other executive officers (collectively, the “Named
Executive Officers”or“NEOs”) of the Company named in the Summary Compensation Table contained in the
Annual Report on SEC Form 10-K of Sunoco Logistics Partners L.P. (the “Partnership”). The Company is the
general partner of the Partnership. The Committee Chair reports Committee actions, decisions and
recommendations at the meetings of the full Board. The Committee has authority to directly engage and consult
outside advisors, experts and others to assist the Committee at the expense of the Partnership.
As required by applicable regulations of the Securities and Exchange Commission, the Committee has
reviewed the executive compensation disclosures contained in the report captioned “Compensation Discussion
and Analysis,” which report is required pursuant to Item 402(b) of SEC Regulation S-K, as amended. As part of
this review, the Committee met with management and with such outside consultants and experts as it has deemed
necessary or advisable (with and without management present), to discuss the scope and overall quality of the
disclosure.
In reliance on the reviews and discussions referred to above, the Committee recommended to the Board of
Directors, and the Board has approved, the inclusion of the “Compensation Discussion and Analysis” in the
Partnership’s Annual Report on SEC Form 10-K for the fiscal year ended December 31, 2012, for filing with the
Securities and Exchange Commission.
Respectfully submitted on February 21, 2013 by the members of the Compensation Committee of the Board
of Directors of Sunoco Partners LLC:
Scott A. Angelle (Chairman)
Steven R. Anderson
Basil Leon Bray
Michael J. Hennigan
Marshall S. (Mackie) McCrea, III.
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