Sunoco 2012 Annual Report Download - page 38

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The following table compares the target distribution levels and distribution “splits” between the general
partner and the holders of our common units under the cancelled IDRs and under the new IDRs:
Cancelled IDRs New IDRs
Total Quarterly
Distribution Target
Amount
Marginal
Percentage Interest
in Distributions Total Quarterly
Distribution
Target Amount
Marginal
Percentage Interest in
Distributions
General
Partner Unitholders
General
Partner Unitholders
Minimum Quarterly
Distribution ........... $0.1500 2% 98%
First Target Distribution . . . up to $0.1667 2% 98% No change
Second Target
Distribution ...........
above $0.1667
up to $0.1917 15%* 85%
Third Target above $0.1917 above $0.1917
Distribution ......... upto$0.2333 25%* 75% up to $0.5275 37%* 63%
Thereafter .............. above $0.2333 50%* 50% above $0.5275 50%* 50%
* Includes two percent general partner interest.
36