Home

Intelligence

Services

Subscriptions

News

About Us

Sign In

 

Document Preview

Grant Agreement

 

Click "Add to Cart" button to purchase document. 
Documents are emailed immediately after purchase. 
You can also browse documents by
title, category, or company... or click here for help finding documents.

 

Title:

Grant Agreement

Entities:

Goodyear Tire & Rubber Co.

Date:

2001

Size:

Preview shows 4KB of 60KB total

Price:

$46

ID:

#385323

 

 

► Compensation ► Grant Agreements
► Consumer

 

 

Start of Preview


                                     PART I


THE GOODYEAR TIRE & RUBBER COMPANY

GRANT AGREEMENT
PERFORMANCE EQUITY PLAN UNIT GRANT


[Name]
[Title_1]
[Title_2]


Dear [Nickname]:

The 1997 Performance Incentive Plan of The Goodyear Tire & Rubber Company
(the "Company") was adopted effective April 14, 1997 (the "Plan"). A copy of the
Plan is attached. At the December 5, 2000 meeting of the Compensation Committee
of the Board of Directors, you were awarded a Performance Equity Plan Unit Grant
(each Unit equivalent in value to one share of Common Stock of the Company) as
follows:

Date of Grant December 5, 2000
Number of Units Granted
Performance Period 1-1-01 through 12-31-01

The number of Performance Equity Plan Units specified above (the "Units")
which you will earn at the end of the one-year Performance Period specified
above (the "Performance Period") will be determined by and contingent upon the
extent to which Performance Goals are achieved. The number of Units actually
earned may be adjusted between 0 and 150% of the number of Units stated above,
depending on the level of achievement of Performance Goals. Payment of the Units
earned will be made as provided under the General Terms and Conditions. The
Performance Measure, Performance Goals and Distribution Schedule for the
Performance Period for your Performance Equity Plan Unit Grant are described at
Annex A.


----------------------------------
The Goodyear Tire & Rubber Company
December 5, 2000


Grant Agreement received and agreed to:


----------------------------- -------------
Grantee Date




X-10-3-1
{PAGE} 2



GRANT AGREEMENT
(Continued)

GENERAL TERMS AND CONDITIONS

1. The Performance Equity Plan Unit Grant for the number of Units specified
above is granted to you under, and governed by the terms and conditions of, the
Plan and this Grant Agreement. Your execution and return of the enclosed copy of
this Grant Agreement constitutes your agreement to, and acceptance of, all terms
and conditions of the Plan and this Grant Agreement. You also agree that you
have read and understand the provisions of the Plan, this Grant Agreement and
Annex A.

2. All rights conferred upon you under the provisions of this Grant
Agreement are personal to you and, no assignee, transferee or other successor in
interest shall acquire any rights or interests whatsoever under this Grant
Agreement, which is made exclusively for the benefit of you and the Company
except by will or the laws of descent and distribution.

3. As further consideration for the Units granted to you hereunder, you
must remain in the continuous employ of the Company or one or more of its
subsidiaries until December 31, 2001, the end of the Performance Period. Any
Units earned will be prorated in the event of your death, Retirement (defined as
termination of employment at any age after 30 or more years, or at age 55 or
older with at least 10 years of continuous service with the Company and its
subsidiaries) or Disability (defined as termination of employment while
receiving benefits under a long-term disability income plan maintained by the

 

End of Preview

 

Home        Intelligence        Services        Subscriptions        News        About Us

Contact Us       Terms of Use       Resend Documents       Shopping Cart

Copyright © 2008 The Consus Group LLC