Waiver of Gross-Up Payment Agreement between Eastman Kodak Company and Laura G. Quatela

Contract Categories: Business Finance › Waiver Agreements
Summary

Eastman Kodak Company and Laura G. Quatela have agreed that, upon her appointment as General Counsel, Chief Intellectual Property Officer, and Vice President effective January 1, 2011, Ms. Quatela will waive her right to receive a Gross-Up Payment as described in the company's Executive Protection Plan. By signing this letter, Ms. Quatela formally accepts this waiver as a condition of her new roles.

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EX-10.32 4 exhibit1032.htm EXHIBIT (10.32) exhibit1032.htm

Exhibit (10.32)
November 8, 2010


Ms. Laura G. Quatela
(address intentionally omitted)


Dear Laura,

This letter is to confirm that, in connection with your election as General Counsel, Chief Intellectual Property Officer and Vice President of Eastman Kodak Company, effective January 1, 2011, you agree to waive any and all rights to receive the Gross-Up Payment as defined and described in Exhibit D of the Eastman Kodak Company Executive Protection Plan.

Please indicate your acceptance of the terms of this letter by signing below and returning the original of this letter to me.

    Sincerely,

                                                                                                /s/ Robert L. Berman
Robert L. Berman
Chief Human Resources Officer
Eastman Kodak Company
 


RLB:dlm




Agreed:

/s/ Laura G. Quatela
Laura G. Quatela