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Exhibit 10.3
CONFIDENTIAL
E
ASTMAN
K
ODAK
C
OMPANY
2013 O
MNIBUS
I
NCENTIVE
P
LAN
RESTRICTED STOCK UNIT AWARD AGREEMENT
This Restricted Stock Unit Award Agreement (this “ Award Agreement ”) evidences an award of restricted stock units (“ RSUs ”) by the
Company under the Eastman Kodak Company 2013 Omnibus Incentive Plan (the “ Plan ”). Capitalized terms not defined in the Award
Agreement have the meanings given to them in the Plan.
Name of Grantee:
[
Director Name
] (the
“
Grantee
”
)
Grant Date:
December 31, 2013
Number of RSUs:
[ Insert RSU Amount ]
In the event of a corporate event or transaction involving the Company, the number of RSUs
subject to this Award shall be adjusted pursuant to Article 14 of the Plan.
Vesting Schedule
Vesting Date
Percentage Vesting
January 1, 2015
33
1
/
3
%
January 1, 2016
33
1
/
3
%
January 1, 2017
33
1
/
3
%
The RSUs will only vest if the Grantee continuously serves on the Board from the Grant Date
through the applicable Vesting Date, and except as otherwise provided by this Award Agreement,
any unvested RSUs will be forfeited upon any termination of service.
Death; Approved Reason
In the event of the death of the Grantee or the termination of the Grantee’
s service for an Approved
Reason, any unvested RSUs as of the date of such death or termination shall become immediately
vested and the Vesting Date for purposes of the Delivery Date (below) shall be the date of the
Grantee’s death or termination for an Approved Reason.
For purposes of this Award Agreement, “Approved Reason” means a reason for terminating Board
membership with the Company which, in the opinion of the Committee, is in the best interests of
the Company.
Grantee Rights
The Grantee shall not have the right to exercise any of the rights or privileges of a shareholder with
respect to the shares of Common Stock underlying the RSUs, whether or not vested, until such
shares are actually issued to the Grantee.