Valero Energy (VLO) 10-K 2016 FY Annual report

Exhibit 10.07

2017 INVESTMENT ELECTION FORM

Valero Energy Corporation Deferred Compensation Plan

Direction of Investments

The undersigned Participant hereby directs that the measurement of the Participant’s account be determined as if it were invested in the fund options as indicated below.

DEFERRALS OF SALARY AND/OR BONUSES BEGINNING 1/1/2017

WILL BE TREATED AS IF INVESTED AS INDICATED BELOW.

Enter your investment elections: 5% minimum/increments of 5%.

The total of the percentages must equal 100%.

You may invest in any one or more (including all) of the fund options.

_ _ _ _ _% DGAGX   Dreyfus Appreciation

_ _ _ _ _% FSTGX     Fidelity Intermediate Government

_ _ _ _ _% JAWWX   Janus Worldwide

_ _ _ _ _% MTIXX    Milestone Funds Treasury Obligations Portfolio

_ _ _ _ _% OAKMX  Oakmark I

_ _ _ _ _% RPMGX   Price Mid-Cap Growth

_ _ _ _ _% SRINX      Columbia Income Z

_ _ _ _ _% VBINX     Vanguard Balanced Index

_ _ _ _ _% VEXMX   Vanguard Index Extended Market

_ _ _ _ _% VFINX     Vanguard Index 500

_ _ _ _ _% VQNPX   Vanguard Growth and Income

________

100  %

I understand that the elections I have chosen on this form shall remain in effect until I make a directive to change.

Participant’s Signature	Date
Participant’s Name	Participant’s Employee ID Number