UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
Valero L.P.
-------------------------------------------------------------------------------
(Name of Issuer)
Common Units representing limited partner interests
-------------------------------------------------------------------------------
(Title of Class of Securities)
91913W 10 4
------------------------------------
(CUSIP Number)
Jay D. Browning
Valero Energy Corporation
One Valero Place
San Antonio, Texas 78212
(210) 370-2000
-------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
March 18, 2003
--------------------------------
(Date of Event which Requires Filing of this
Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box o.
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. Seess.240.13d-7 for other
parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
SCHEDULE 13D
CUSIP NO. 91913W 10 4 PAGE 2 OF 22 PAGES
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Valero Energy Corporation
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
OO
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) [ ]
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 614,572 Common Units of Valero L.P.
BENEFICIALLY ----------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH -0-
REPORTING ----------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 614,572 Common Units of Valero L.P.
----------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
614,572 Common Units of Valero L.P.
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES *
[ ]
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.29%
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
HC, CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D
CUSIP NO. 91913W 10 4 PAGE 3 OF 22 PAGES
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
TPI Petroleum, Inc.
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
OO
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) [ ]
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Michigan
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
BENEFICIALLY ----------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 614,572 Common Units of Valero L.P.
REPORTING ----------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH -0-
----------------------------------------------
10 SHARED DISPOSITIVE POWER
614,572 Common Units of Valero L.P.
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
614,572 Common Units of Valero L.P.
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES *
[ ]
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.29%
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
HC, CO
-------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D
CUSIP NO. 91913W 10 4 PAGE 4 OF 22 PAGES
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Diamond Shamrock Refining and Marketing Company
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
OO
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) [ ]
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
BENEFICIALLY ----------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 614,572 Common Units of Valero L.P.
REPORTING ----------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH -0-
----------------------------------------------
10 SHARED DISPOSITIVE POWER
614,572 Common Units of Valero L.P.
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
614,572 Common Units of Valero L.P.
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES *
[ ]
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.29%
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
HC, CO
-------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D
CUSIP NO. 91913W 10 4 PAGE 5 OF 22 PAGES
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Sigmor Corporation
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
OO
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) [ ]
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
BENEFICIALLY ----------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 614,572 Common Units of Valero L.P.
REPORTING ----------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH -0-
----------------------------------------------
10 SHARED DISPOSITIVE POWER
614,572 Common Units of Valero L.P.
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
614,572 Common Units of Valero L.P.
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES *
[ ]
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.29%
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
HC, CO
-------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D
CUSIP NO. 91913W 10 4 PAGE 6 OF 22 PAGES
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
The Shamrock Pipe Line Corporation
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
OO
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) [ ]
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
BENEFICIALLY ----------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 614,572 Common Units of Valero L.P.
REPORTING ----------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH -0-
----------------------------------------------
10 SHARED DISPOSITIVE POWER
614,572 Common Units of Valero L.P.
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
614,572 Common Units of Valero L.P.
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES *
[ ]
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.29%
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
HC, CO
-------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D
CUSIP NO. 91913W 10 4 PAGE 7 OF 22 PAGES
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Diamond Shamrock Refining Company, L.P.
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
OO
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) [ ]
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
BENEFICIALLY ----------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 614,572 Common Units of Valero L.P.
REPORTING ----------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH -0-
----------------------------------------------
10 SHARED DISPOSITIVE POWER
614,572 Common Units of Valero L.P.
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
614,572 Common Units of Valero L.P.
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES *
[ ]
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.29%
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
HC, CO
-------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D
CUSIP NO. 91913W 10 4 PAGE 8 OF 22 PAGES
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
TPI Pipeline Corporation
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
OO
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) [ ]
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Michigan
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
BENEFICIALLY ----------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 614,572 Common Units of Valero L.P.
REPORTING ----------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH -0-
----------------------------------------------
10 SHARED DISPOSITIVE POWER
614,572 Common Units of Valero L.P.
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
614,572 Common Units of Valero L.P.
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES *
[ ]
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.29%
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
HC, CO
-------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
z SCHEDULE 13D
CUSIP NO. 91913W 10 4 PAGE 9 OF 22 PAGES
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
UDS Logistics, LLC
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS *
OO
-------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(D) OR 2(E) [ ]
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
BENEFICIALLY ----------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 614,572 Common Units of Valero L.P.
REPORTING ----------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH -0-
----------------------------------------------
10 SHARED DISPOSITIVE POWER
614,572 Common Units of Valero L.P.
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
614,572 Common Units of Valero L.P.
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES *
[ ]
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.29%
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON *
HC, CO
-------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 10 of 22 Pages
Item 1. Security and Issuer
This Amendment No.1 (the "Amendment") to Schedule 13D is being filed
by Valero Energy Corporation ("Valero Energy") and certain of its subsidiaries,
TPI Petroleum, Inc., Diamond Shamrock Refining and Marketing Company, Sigmor
Corporation, The Shamrock Pipe Line Corporation, Diamond Shamrock Refining
Company, L.P., TPI Pipeline Corporation and UDS Logistics, LLC (collectively,
the "Subsidiaries" and together with Valero Energy, the "Reporting Persons") to
amend the Schedule 13D that was previously filed on January 10, 2002. This
statement relates to the common units representing limited partner interests
(the "Common Units") of Valero L.P., a Delaware limited partnership (the
"Partnership"), which has its principal executive offices at One Valero Place
1604 West, San Antonio, Texas 78212.
Item 2. Identity and Background
The information previously furnished in response to Item 2 is amended
to add the following:
On March 18, 2003, the Partnership redeemed 3,809,750 Common Units
pursuant to the Common Unit Redemption Agreement (the "Redemption Agreement")
dated as of March 12, 2003, among the Partnership and UDS Logistics, LLC, a
Delaware limited liability company ("UDS Logistics"). For approximately $134.1
million, the Partnership redeemed from UDS Logistics 3,809,750 Common Units at
a price of $35.19 per unit, which is equal to the net proceeds per unit, after
underwriting discounts and commissions, received by the Partnership in a public
offering of 5,750,000 of the Partnership's Common Units. An Underwriting
Agreement (see below) with respect to the Common Unit offering was entered into
immediately prior to the execution of the Redemption Agreement. The closing of
the redemption took place immediately after the closing of the Common Unit
offering on March 18, 2003. The redemption reduced the amount of Common Units
Valero Energy beneficially owns through UDS Logistics from 4,424,322 to 614,572
Common Units, reducing Valero Energy's ownership of the Partnership's Common
Units from 46.1% to 5.29%, assuming the overallotment option granted to the
underwriters in the public offering of Common Units is not exercised. The
Redemption Agreement is incorporated by reference into this Amendment No. 1
from Exhibit No. 10.1 to the Partnership's Current Report on Form 8-K filed on
March 17, 2003. Schedule I is amended and restated as attached hereto.
Appendices A through G are hereby amended and restated as attached hereto.
Item 4. Purpose of Transaction
The information previously furnished in response to Item 4 is amended
to add the following:
See Item 2.
Pursuant to the Redemption Agreement, the Partnership redeemed
3,809,750 Common Units from UDS Logistics at a price of $35.19 per unit, which
is equal to the net proceeds per unit received by the Partnership in a
concurrent underwritten public offering of 5,750,000 Common Units, after
underwriting discount and commissions. The purpose of the Common Unit
redemption was to decrease Valero Energy's aggregate ownership of all partner
interests of the Partnership to 49.5% or less. Valero Energy continues to own
and control the general partner of the Partnership and thus continues to
control and manage the Partnership.
Item 5. Interest in Securities of the Partnership
The information previously furnished in response to Item 5 is amended
to add the following:
The Reporting Persons are deemed to be the beneficial owners of
614,572 Common Units, which constitute approximately 5.29% of the total issued
and outstanding Common Units as of March 18, 2003 (based on 11,624,822 Common
Units outstanding after giving effect to the redemption and the Common Unit
offering). The Reporting Persons also hold, through UDS Logistics, 9,599,322
subordinated limited partner interests in the Partnership.
Page 11 of 22 Pages
Item 6. Contracts, Arrangements, Understandings or Relationships with
respect to Securities of the Company
The information previously furnished in response to Item 6 is amended
to add the following:
In addition to the Redemption Agreement, the Partnership has entered
into an Underwriting Agreement (the "Underwriting Agreement") dated March 12,
2003 with Lehman Brothers Inc., Goldman, Sachs & Co., Morgan Stanley & Co.
Incorporated, Salomon Smith Barney Inc., UBS Warburg LLC, Credit Suisse First
Boston LLC, RBC Dain Rauscher Inc., and Sanders Morris Harris Inc. (collective,
the "Underwriters") pursuant to which the Partnership has agreed to grant to
the Underwriters an option (the "Option") to purchase 862,500 Common Units (the
"Option Units") at $36.75 per unit. The Option will expire 30 days after the
date of the Underwriting Agreement.
The Chairman, the President, the Executive Vice President and Chief
Operating Officer and an employee of Valero Energy are also directors of the
Partnership.
The Executive Vice President and Chief Operating Officer, the Vice
President--Finance and two employees of Valero Energy are also executive
officers of the Partnership.
Except as set forth in the Partnership's agreement of limited
partnership, as amended and restated to the date hereof, or in the exhibits
hereto, none of the Reporting Persons, nor to the best knowledge and belief of
the Reporting Persons, any of their respective directors or executive officers,
is a party to any other contract, arrangement, understanding or relationship
with respect to any securities of the Partnership, except for interests in
restricted units and unit options granted by the Partnership to its executive
officers and directors who are affiliated with Valero Energy.
Item 7. Material to be filed as Exhibits
The information previously furnished in response to this item is
amended by adding reference to the following new exhibit being filed with this
Amendment No.1:
Exhibit I: Common Unit Redemption Agreement dated as of
March 12, 2003, among UDS Logistics, LLC and the
Partnership, incorporated herein by reference from
Exhibit No. 10.1 to the Partnership's Current Report
on Form 8-K filed on March 17, 2003.
Page 12 of 22 Pages
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: March 25, 2003 VALERO ENERGY CORPORATION
By: /s/ Jay D. Browning
Name: Jay D. Browning
Title: Vice President and Corporate Secretary
TPI PETROLEUM, INC.
By: /s/ Jay D. Browning
Name: Jay D. Browning
Title: Vice President and Secretary
DIAMOND SHAMROCK REFINING AND MARKETING COMPANY
By: /s/ Jay D. Browning
Name: Jay D. Browning
Title: Vice President and Secretary
SIGMOR CORPORATION
By: /s/ Jay D. Browning
Name: Jay D. Browning
Title: Vice President and Secretary
THE SHAMROCK PIPE LINE CORPORATION
By: /s/ Jay D. Browning
Name: Jay D. Browning
Title: Vice President and Secretary
Page 13 of 22 Pages
DIAMOND SHAMROCK REFINING COMPANY, L.P.
By: /s/ Jay D. Browning
Name: Jay D. Browning
Title: Vice President and Secretary
TPI PIPELINE CORPORATION
By: /s/ Jay D. Browning
Name: Jay D. Browning
Title: Vice President and Secretary
UDS LOGISTICS, LLC
By: /s/ Corky Davis
Name: Corky Davis
Title: Secretary
Page 14 of 22 Pages
SCHEDULE I
NAME STATE OF BUSINESS ADDRESS
---- INCORPORATION ----------------
-------------
Valero Energy Corporation Delaware One Valero Place
San Antonio, Texas 78212
One Valero Place
TPI Petroleum, Inc. Michigan San Antonio, Texas 78212
Diamond Shamrock Refining Delaware One Valero Place
and Marketing Company San Antonio, Texas 78212
One Valero Place
Sigmor Corporation Delaware San Antonio, Texas 78212
The Shamrock Pipe Line Delaware One Valero Place
Corporation San Antonio, Texas 78212
Diamond Shamrock Refining Delaware One Valero Place
Company, L.P. San Antonio, Texas 78212
TPI Pipeline Corporation Michigan One Valero Place
San Antonio, Texas 78212
UDS Logistics, LLC Delaware 5801 Osuna Road, NE
Suite A-102
Albuquerque, NM 87109-2587
Page 15 of 22 Pages
APPENDIX A
Executive Officers and Directors of Valero Energy Corporation
NAME OFFICE
---- ------
William E. Greehey Chairman of the Board, Chief Executive Officer and Director
Gregory C. King President
Keith D. Booke Executive Vice President and Chief Administrative Officer
John D. Gibbons Executive Vice President and Chief Financial Officer
William R. Klesse Executive Vice President and Chief Operating Officer
Gary L. Arthur, Jr. Senior Vice President--Marketing
Robert S. Beadle Senior Vice President--Crude and Feedstock Supply and Trading
Mary Rose Brown Senior Vice President--Corporate Communications
Michael S. Ciskowski Senior Vice President--Corporate Development
S. Eugene Edwards Senior Vice President--Supply and Trading
John F. Hohnholt Senior Vice President--Development and Planning & Economics
Richard J. Marcogliese Senior Vice President--Refining Operations
Kenneth A. Applegate Vice President--Wholesale Marketing
Steven A. Blank Vice President--Finance
Kimberly S. Bowers Vice President--Legal Services and Assistant Secretary
Jay D. Browning Vice President and Secretary
Clayton E. Killinger Vice President and Controller
Stephan F. Motz Vice President--Retail Marketing
William H. Zesch Vice President and Chief Information Officer
Donna M. Titzman Treasurer
J. Stephen Gilbert Assistant Secretary and Disclosure and Compliance Officer
E. Glenn Biggs Director
W. E. Bradford Director
Ronald Calgaard Director
Donald M. Carlton Director
Jerry D. Choate Director
W.H. Clark Director
Robert G. Dettmer Director
Ruben M. Escobedo Director
Bob Marbut Director
Susan Kaufman Purcell Director
Each of the foregoing persons is a United States citizen with the
exception of Mr. Motz, who is a Canadian citizen. The principal business
address of each of the above officers is One Valero Place, San Antonio, Texas
78212, and the present principal occupation or employment of each such offer is
serving as an employee of Valero Energy Corporation.
The principal business address of E. Glenn Biggs is 745 E. Mulberry
Ave., Suite 320, San Antonio, TX 78212, and he is the President of Biggs & Co.,
a corporation engaged in developmental projects and financial planning.
Page 16 of 22 Pages
The principal address of W.E. Bradford is 5500 Preston Road, Suite
260, Dallas, Texas 75205, and he is retired.
The principal business address of Ronald K. Calgaard is 755 E.
Mulberry Ave., Suite 400, San Antonio, Texas 78212, and he is the Chief
Operating Officer of Austin, Calvert & Flavin, Inc., a business engaged in
financial advisory services.
The principal address of Donald M. Carlton is P.O. Box 201088, Austin,
Texas 78720-1088, and he is retired.
The principal address of Jerry D. Choate is 33971 Selva Rd., Suite
130, Dana Point, CA 92629, and he is retired.
The principal business address of W. "H" Clark is 20 South Clark
Street, Suite 2222, Two First National Plaza, Chicago, IL 60603, and he is the
President of W.H. Clark Associates, Ltd., a business engaged in investment
activities.
The principal address of Robert G. Dettmer is 80 Round Hill Road,
Greenwich, Connecticut 06831, and he is retired.
The principal business address of Ruben M. Escobedo is 745 E.
Mulberry, Suite #777, San Antonio, Texas 78212-3166, and he is the President of
Ruben Escobedo & Company, a public accounting firm.
The principal business address of Bob Marbut is 200 Concord Plaza,
Suite 700, San Antonio, Texas 78216, and he is the Chairman and Chief Executive
Officer of Argyle Communications, Inc., a corporation engaged in broadcasting
and publishing.
The principal business address of Susan Kaufman Purcell is 680 Park
Avenue, New York, NY 10021, and she is the Vice President of Americas Society,
a not-for-profit organization.
Page 17 of 22 Pages
APPENDIX B
Executive Officers and Directors of TPI Petroleum, Inc.
NAME OFFICE
---- ------
William E. Greehey Chief Executive Officer and President
John D. Gibbons Executive Vice President
Gregory C. King Executive Vice President and Director
William R. Klesse Executive Vice President, Director and Chairman
of the Board
Michael S. Ciskowski Senior Vice President
John F. Hohnholt Senior Vice President
Richard J. Marcogliese Senior Vice President
William H. Zesch Senior Vice President
Charles (Hal) Adams Vice President
Jay D. Browning Vice President and Secretary
Clayton E. Killinger Vice President and Controller
Charles F. LeRoy Vice President
Martin E. Loeber Vice President
Norman L. Renfro Vice President
T. Wyatt Stripling Vice President and Tax Director
Donna M. Titzman Vice President and Treasurer
Each of the foregoing persons is a United States citizen. The
principal business address of each such persons is One Valero Place, San
Antonio, Texas 78212 and the present principal occupation or employment of each
such person is their position or positions as an executive officer and/or
director of TPI Petroleum, Inc. and, if applicable, other affiliates of Valero
Energy Corporation.
Page 18 of 22 Pages
APPENDIX C
Executive Officers and Directors of Diamond Shamrock Refining and Marketing
Company
NAME OFFICE
---- ------
William E. Greehey Chief Executive Officer and President
John D. Gibbons Executive Vice President
Gregory C. King Executive Vice President and Director
William R. Klesse Executive Vice President, Director and Chairman
of the Board
Gary L. Arthur, Jr. Senior Vice President and Director
Robert. S. Beadle Senior Vice President
Michael S. Ciskowski Senior Vice President
S. Eugene Edwards Senior Vice President
Wade E. Upton Senior Vice President
William H. Zesch Senior Vice President
Charles (Hal) Adams Vice President
Curtis V. Anastasio Vice President
Kenneth A. Applegate Vice President
Steven A. Blank Vice President
James R. Bluntzer Vice President
Paul W. Brattlof Vice President
Jay D. Browning Vice President and Secretary
Dennis E. Dominic Vice President
Ronald A. Frisk Vice President
Gregory W. Kaneb Vice President
Clayton E. Killinger Vice President and Controller
Martin E. Loeber Vice President
Norman L. Renfro Vice President
Craig A. Stanich Vice President
Michael T. Stone Vice President
T. Wyatt Stripling Vice President and Tax Director
Cheryl L. Thomas Vice President
Donna M. Titzman Vice President and Treasurer
Each of the foregoing persons is a United States citizen. The
principal business address of each such persons is One Valero Place, San
Antonio, Texas 78212, and the present principal occupation or employment of
each such person is their position or positions as an executive officer and/or
director of Diamond Shamrock Refining and Marketing Company and, if applicable,
other affiliates of Valero Energy Corporation.
Page 19 of 22 Pages
APPENDIX D
Executive Officers and Directors of Sigmor Corporation
NAME OFFICE
---- ------
Gary L. Arthur, Jr. Chief Executive Officer, President and Director
John D. Gibbons Executive Vice President
Gregory C. King Executive Vice President and Director
Curtis V. Anastasio Vice President
Steven A. Blank Vice President
Jay D. Browning Vice President and Secretary
Clayton E. Killinger Vice President and Controller
Douglas M. Miller Vice President and Director
Stephan F. Motz Vice President
T. Wyatt Stripling Vice President and Tax Director
Cheryl L. Thomas Vice President
Donna M. Titzman Vice President and Treasurer
Each of the foregoing persons is a United States citizen with the
exception of Mr. Motz, who is a Canadian citizen. The principal business
address of each such persons is One Valero Place, San Antonio, Texas 78212, and
the present principal occupation or employment of each such person is their
position or positions as an executive officer and/or director of Sigmor
Corporation and, if applicable, other affiliates of Valero Energy Corporation.
Page 20 of 22 Pages
APPENDIX E
Executive Officers and Directors of The Shamrock Pipe Line Corporation
NAME OFFICE
William R. Klesse Chief Executive Officer, President, Director and
Chairman of the Board
John D. Gibbons Executive Vice President
Gregory C. King Executive Vice President and Director
Michael S. Ciskowski Senior Vice President
Richard J. Marcogliese Senior Vice President
William H. Zesch Senior Vice President
Curtis V. Anastasio Vice President
James R. Bluntzer Vice President
Jay D. Browning Vice President and Secretary
Clayton E. Killinger Vice President and Controller
Rodney L. Reese Vice President
Norman L. Renfro Vice President
T. Wyatt Stripling Vice President and Tax Director
Donna M. Titzman Vice President and Treasurer
Each of the foregoing persons is a United States citizen. The
principal business address of each such persons is One Valero Place, San
Antonio, Texas 78212, and the present principal occupation or employment of
each such person is their position or positions as an executive officer and/or
director of The Shamrock Pipe Line Corporation and, if applicable, other
affiliates of Valero Energy Corporation.
Page 21 of 22 Pages
APPENDIX F
Executive Officers and Directors of TPI Pipeline Corporation
NAME OFFICE
---- ------
William R. Klesse Chief Executive Officer, President, Director
and Chairman of the Board
John D. Gibbons Executive Vice President
Gregory C. King Executive Vice President and Director
Michael S. Ciskowski Senior Vice President
Richard J. Marcogliese Senior Vice President
William H. Zesch Senior Vice President
Curtis V. Anastasio Vice President
James R. Bluntzer Vice President
Jay D. Browning Vice President and Secretary
Clayton E. Killinger Vice President and Controller
Rodney L. Reese Vice President
Norman L. Renfro Vice President
T. Wyatt Stripling Vice President and Tax Director
Donna M. Titzman Vice President and Treasurer
Each of the foregoing persons is a United States citizen. The
principal business address of each such persons is One Valero Place, San
Antonio, Texas 78212, and the present principal occupation or employment of
each such person is their position or positions as an executive officer and/or
director of TPI Pipeline Corporation and, if applicable, other affiliates of
Valero Energy Corporation.
Page 22 of 22 Pages
APPENDIX G
Executive Officers of UDS Logistics, LLC
NAME OFFICE
---- ------
Raymond F. Gaddy President
Corky Davis Secretary and Treasurer
Each of the foregoing persons is a United States citizen. The
principal business address of each such persons is 5801 Osuna Road, NE, Suite
A-102, Albuquerque, NM 87109-2587, and the present principal occupation or
employment of each such person is their position or positions as an executive
officer of UDS Logistics, LLC and, if applicable, other affiliates of Valero
Energy Corporation.