Kodak 2007 Annual Report Download - page 152

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Please find page 152 of the 2007 Kodak annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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29
Other Benefits
The Company reimburses the directors for travel expenses incurred in connection with attending Board, committee and shareholder
meetings and other Company-sponsored events, and provides Company transportation to the directors (including use of Company aircraft)
to attend such meetings and events. From time to time, we also invite our directors’ spouses, significant others and other family members
to accompany them to these meetings and events, and we reimburse travel and incidental expenses related to their attendance, in order to
encourage attendance and to foster social interaction among directors. To encourage our directors to experience and familiarize
themselves with our products and services, we occasionally provide them samples of the Company’s products and services.
Charitable Award Program
This program, which was closed to new participants effective January 1, 1997, provides for a contribution by the Company of up to a total
of $1,000,000 following a director’s death, to be shared by a maximum of four charitable institutions recommended by the director. The
individual directors derive no financial benefits from this program. It is funded by self-insurance and joint life insurance policies purchased
by the Company. Mr. Braddock is the only current director who continues to participate in the program.