Kodak 2011 Annual Report Download - page 565

Exhibit (10.42)
PERSONAL AND CONFIDENTIAL
December 8, 2011
Robert Berman
(Address intentionally omitted)
RE: Letter Agreement
Dear Bob:
Once signed by both parties, this letter will constitute an agreement between Eastman Kodak Company (“Kodak”)
and you. Its purpose is to confirm that
you have accepted a new assignment reporting to the Chairman and Chief Executive Officer and the terms of your termination of employment from Kodak
in the event that your new position is eliminated and you are not offered a Comparable position with the Company. For purposes of this letter, the term
“Company” will collectively refer to Kodak and all its affiliates and subsidiaries.
1. Potential Termination
It is hereby agreed that if your newly assigned position is eliminated and Kodak is unable to identify a comparable position as defined in the Company’
s
Termination Allowance Program (TAP), you will be laid off from the Company and therefore be eligible for the benefits set forth in this Agreement.
2. Responsibilities
In this position, reporting to the Chairman and Chief Executive Officer of the Company, you will be responsible for performing such duties and
responsibilities that may be assigned to you from time to time by your supervisor. It is expected that you will perform these duties and responsibilities in a
timely and satisfactory manner and your receipt of the Termination Benefits set forth in Section 3 is contingent on this.
EASTMAN KODAK COMPANY •
• •
• 343 STATE STREET •
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• ROCHESTER, NEW YORK 14650-0233