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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 1/1/2005
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.
%DreyfusAppreciation | %T. Rowe PriceMid-Cap Growth | |
%FidelityIntermediate Gov't | %VanguardAsset Allocation | |
%JanusWorldwide | %VanguardGrowth and Income | |
%Liberty—ColumbiaIncome | %VanguardIndex 500 | |
%Oakmark | %VanguardIndex Extended Market | |
%AASelect FundsMoney Market Select Fund | ||
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 | |
«First Name» «Last Name» Participant's Name | «Emplid» Participant's Employee ID Number |