Waiver of Gross-Up Payment Agreement between Eastman Kodak Company and Gustavo Oviedo

Contract Categories: Business Finance › Waiver Agreements
Summary

Eastman Kodak Company and Gustavo Oviedo have agreed that, effective January 1, 2011, Mr. Oviedo will waive his right to receive a Gross-Up Payment as described in the company's Executive Protection Plan. By signing this letter, Mr. Oviedo confirms he will not claim or accept this payment in the future. The agreement is formalized by signatures from both parties.

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EX-10.33 5 exhibit1033.htm EXHIBIT (10.33) exhibit1033.htm

Exhibit (10.33)
December 13, 2010


Mr. Gustavo Oviedo
(address intentionally omitted)


Dear Gustavo,

This letter is to confirm that, as Chief Customer Officer and General Manager, Worldwide Regional Operations, 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 Compan
 




RLB:dlm




Agreed:


/s/ Gustavo Oviedo
Gustavo Oviedo