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DCPD
December 26, 2013
Page - 4 -
following the Enrollment Period during which such election was made. An election to defer compensation shall continue to apply for all
succeeding calendar years, unless the Participant revokes his or her election or files a new election during the Enrollment Period for such a
succeeding calendar year. Any such revocation or election, as the case may be, shall be effective on the first day of such succeeding calendar
year. For calendar year 2013, a Participant
’s election to defer compensation shall be irrevocable as of December 30, 2013, and shall apply to
compensation eaned by the Participant after the date that the election becomes irrevocable.
5.3 Irrevocability
Deferral elections made under this Plan with respect to any calendar year will be final and, after the close of the Enrollment Period for such
calendar year, may not be revoked or amended in any manner until the Enrollment Period for a succeeding calendar year. Any such revocation
or amendment, as the case may be, shall be effective on the first day of such succeeding calendar year.
5.4 Elections
A deferred compensation form filed by a Participant during an Enrollment Period shall indicate the amount of the Stock Deferrable Amount to
be deferred. Stock Deferrable Amounts that are deferred by a Participant will be credited to the Participant’s Stock Account.
Article 6. Stock Account Investment & Crediting
6.1 Stock Account
Amounts in a Participant’s Stock Account are hypothetically invested in units of Common Stock. Amounts contributed to a Stock Account are
recorded as units of Common Stock, with one unit equating to a single share of Common Stock. The use of units is merely a bookkeeping
convenience; the units are not actual shares of Common Stock. Kodak will not reserve or otherwise set aside any Common Stock for or to any
Stock Account.
6.2 Time Stock Account is Credited
Amounts to be deferred shall be credited to a Participant’s Stock Account on the date such amounts would otherwise be payable. The Stock
Account of the Participant will, for so long as the election remains in effect, be credited with that number of units of Common Stock equal to
the number of shares of Common Stock that would otherwise be paid to the Participant but for his or her election to defer.