Kodak 2013 Annual Report Download - page 165
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DCPD
December 26, 2013
Page - 5 -
6.3 Dividend Equivalents in the Stock Account
Effective as of the payment date for each cash dividend on the Common Stock, additional units of Common Stock shall be credited to the Stock
Account of each Participant who has a balance in his or her Stock Account on the record date for such dividend. The number of units that shall
be credited to the Stock Account of such a Participant shall be computed by multiplying the dollar value of the dividend paid upon a single
share of Common Stock by the number of units of Common Stock held in the Participant’s Stock Account on the record date for such dividend
and dividing the product thereof by the Market Value of the Common Stock on the payment date for such dividend.
6.4 Stock Dividends in the Stock Account
Effective as of the payment date for each stock dividend (as defined in Section 305 of the Code) on the Common Stock, additional units of
Common Stock shall be credited to the Stock Account of each Participant who has a balance in his or her Stock Account on the record date for
such dividend. The number of units that shall be credited to the Stock Account of such a Participant shall equal the number of shares of
Common Stock which the Participant would have received as stock dividends had he or she been the owner on the record date for such stock
dividend of the number of shares of Common Stock equal to the number of units credited to his or her Stock Account on such record date. To
the extent the Participant would have also received cash, in lieu of fractional shares of Common Stock, had he or she been the record owner of
such shares for such stock dividend, then his or her Stock Account shall also be credited with that number of units, or fractions thereof, equal to
such cash amount divided by the Market Value of the Common Stock on the payment date for such dividend.
6.5 Recapitalization in the Stock Account
If Kodak undergoes a reorganization as defined in Section 368(a) of the Code, the Administrator shall, in his or her sole and absolute
discretion, take whatever action he or she deems necessary, advisable or appropriate with respect to the Stock Account in order to reflect such
transaction, including, but not limited to, adjusting the number of units credited to a Participant’s Stock Account. Any action taken shall
comply with Section 409A.
6.6 Distributions from the Stock Account
Amounts in respect of units of Common Stock shall be distributed in shares of Common Stock under the plan or arrangement under which the
underlying shares were originally payable (or any successor plan thereto).