Document:

kc_10q-1q08ex10n.htm

    Exhibit
(10)n

    

    KIMBERLY-CLARK
CORPORATION

    PERFORMANCE
RESTRICTED STOCK UNIT

    AWARD
AGREEMENT

    

    This
Award, granted this ____ day of _______, ____, by Kimberly-Clark Corporation, a
Delaware corporation (hereinafter called the "Corporation"), is subject to the
terms and conditions of the 2001 Equity Participation Plan (the “Plan”) and the
Award Agreement, including any country-specific terms contained in
Appendix A to this Award Agreement.

    W I T N E S S E T H:

    

    WHEREAS,
the Corporation has adopted the 2001 Equity Participation Plan (the "Plan") to
encourage those employees who materially contribute, by managerial, scientific
or other innovative means, to the success of the Corporation or of an Affiliate,
to acquire an ownership interest in the Corporation, thereby increasing their
motivation for and interest in the Corporation's or the Affiliate's long-term
success;

    

    NOW,
THEREFORE, it is agreed as follows:

    

    
      	
               1.

            	
              Number of Share Units
      Granted.  The Corporation hereby grants to the Employee
      Performance Restricted Stock Units (“PRSUs”) at a target level granted by
      the Committee on the date set forth above and as reflected on the Merrill
      Lynch Benefits Online Grant Summary (the “Target Level”), subject to the
      terms, conditions and restrictions set forth herein and in the Plan, and
      the Corporation's attainment of the Performance Goals established by the
      Committee. The actual number of PRSUs earned by the Employee at the end of
      the Restricted Period may range from 0 to 150% of the Target
      Level.

            

    

    

     2.           Transferability
Restrictions.

    

    
      	
               
      

            	
              (a)

            	
              Restricted
      Period.  During the Restricted Period, the Employee may
      not sell, assign, transfer, or otherwise dispose of, or mortgage, pledge
      or otherwise encumber the Award.  Except as provided under
      paragraph 2, the Award shall be subject to forfeiture until the end of the
      Restricted Period three years after the date of this
      grant.  Employee becomes 100% vested in the number of PRSUs
      earned based on attainment of the Performance Goal at the end of the
      Restricted Period as approved and authorized by the
    Committee.

            

    

     

    
      
        	
                 
      

              	
                The
      Restricted Period shall begin on the date of the granting of this Award,
      and shall end three years after the date of this grant.  Holders
      of Awards shall have none of the rights of a shareholder with respect to
      such shares including, but not limited to, any right to receive dividends
      in cash or other property or other distribution or rights in respect of
      such shares except as otherwise provided in this Agreement, nor to vote
      such shares as the record owner
thereof.

              

      

    
      
        
          

           

        

         

      

      
        1

        
          

        

      

      
         

      

    

     

    
      
        	
                 
      

              	
                During
      each year in the Restricted Period, the Employee will be paid in cash an
      amount equal to any dividends and other distributions which would have
      been paid on shares of Common Stock, based on the Target Level of PRSUs
      granted under this Award.  The amount equal to any dividends and
      other distributions on the Award shall be paid to the Employee if
      dividends are declared and paid by the Corporation with respect to its
      outstanding shares of Common Stock.  In the case of dividends
      paid in property other than cash, the amount of the dividend shall be
      deemed to be the fair market value of the property at the time of the
      payment of the dividend, as determined in good faith by the
      Corporation.  The Corporation shall not be required to segregate
      any cash or other property of the Corporation.  Any amounts
      which become payable to an Employee shall be paid from the general assets
      of the Corporation.

              

      

    
      	
               
      

            	
              (b)

            	
              Termination of
      Employment.  Employee shall forfeit any unvested Award
      upon termination of employment unless such termination (i) is due to a
      Qualified Termination of Employment, or (ii) if more than six months after
      the date of grant, due to death, Retirement, Total and Permanent
      Disability, or the shutdown or divestiture of a business
      unit.  A termination of employment shall not be deemed to have
      occurred while an Employee is on military leave or other bona fide leave
      of absence if the period of such leave does not exceed six months, or if
      longer, so long as the Employee retains a right to reemployment with the
      Corporation or an Affiliate under an applicable statute or by
      contract.  For purposes of this subparagraph, a leave of absence
      constitutes a bona fide leave of absence only if there is a reasonable
      expectation that the Employee will return to perform services for the
      Corporation or an Affiliate.  If the period of leave exceeds six
      months and the Employee does not retain a right to reemployment under an
      applicable statute or by contract, the employment relationship is deemed
      to terminate on the first date immediately following such six-month
      period.  Notwithstanding the foregoing sentence, where a leave
      of absence is due to any medically determinable physical or mental
      impairment that can be expected to result in death or can be expected to
      last for a continuous period of not less than six months, where such
      impairment causes the Employee to be unable to perform the duties of his
      or her position of employment or any substantially similar position of
      employment, a 29-month period of absence is substituted for such six-month
      period in determining whether a termination of employment shall be deemed
      to have occurred.  A termination of employment with the
      Corporation or an Affiliate to accept immediate reemployment with the
      Corporation or an Affiliate likewise shall not be deemed to be a
      termination of employment for purposes of the Plan.  An Employee
      who is classified as an intermittent employee shall be deemed to have a
      termination of employment for purposes of the
      Plan.  Notwithstanding anything in this Plan to the contrary, a
      termination of employment with respect to any Restricted Share Units that
      are required to meet the requirements of Section 409A of the Code and the
      regulations thereunder shall not be deemed to be a termination of
      employment for purposes of the Plan if it is anticipated that the level of
      bona fide services the Employee would perform after such date would
      continue at a rate equal to more than 20 percent of the average level of
      bona fide services performed over the immediately preceding 36-month
      period

            

    

    
      
        
          

           

          

           

           

        

         

      

      
        2

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              (or
      the full period of services to the Corporation or an Affiliate if the
      Employee has been providing such services less than 36
      months).

            

    

    

    
      	
               
      

            	
              (c)

            	
              Death, Retirement, or
      Total and Permanent Disability.  In the event that more
      than six months after the date of grant the Employee’s termination of
      employment is due to death or Total and Permanent Disability, it shall
      result in pro rata vesting in the number of Restricted Share Units earned
      based on attainment of the Performance Goal at the end of the Restricted
      Period as approved and authorized by the Committee, prorated for the
      number of full months of employment during the Restricted Period prior to
      the Participant’s termination of employment, and shall be paid within 70
      days following the end of the Restricted Period.  In the event
      that more than six months after the date of grant the Employee’s
      termination of employment is due to Retirement it shall result in 100%
      vesting in the number of Restricted Share Units earned based on attainment
      of the Performance Goal at the end of the Restricted Period as approved
      and authorized by the Committee, and such Award shall be paid within 70
      days following the end of the Restricted
Period.

            

    

    

    
      	
               
      

            	
              (d)

            	
              Shutdown or
      Divestiture.  In the event that more than six months
      after the date of grant the Employee’s termination of employment is due to
      the shutdown or divestiture of the Corporation’s or its Affiliate’s
      business it shall result in pro rata vesting in the number of Restricted
      Share Units earned based on attainment of the Performance Goal at the end
      of the Restricted Period as approved and authorized by the Committee,
      prorated for the number of full years of employment during the Restricted
      Period prior to the Participant’s termination of employment, and shall be
      paid within 70 days following the end of the Restricted
      Period.

            

    

     

    
      
        	
                 
      

              	
                (e)

              	
                Qualified Termination
      of Employment.  In the event of a Qualified Termination
      of Employment all restrictions will lapse and the shares will become fully
      vested and the number of shares that shall be considered to vest shall be
      the greater of the Target Level or the number of shares which would have
      vested based on the attainment of the Performance Goal as of the end of
      the prior calendar year and shall be paid within 10 days following the
      last day of employment of the Employee with the
      Corporation.  Notwithstanding anything in this Agreement to the
      contrary, the payment of an Award to a Key Employee who has separated from
      service due to a Qualified Termination of Employment shall be made at the
      earlier of the first day of the seventh month following the date of
      separation from service or the end of the Restricted Period.  A
      Key Employee is any Employee who meets the definition of a specified
      employee as defined in Section 409A(a)(2)(B)(i) of the Code and the
      regulations promulgated thereunder.

              

      

      

      
        	
                 
      

              	
                (f)

              	
                Payment of
      Awards.  The payment of the Award shall be made in shares
      of Common Stock.  Except as may otherwise be provided in
      subparagraph 2(e), the payment shall be made within 70 days following the
      end of the Restricted Period.

              

      

    

     

    
      	
               
      

            	
              (g)

            	
              Payment of Withholding
      Taxes.  No shares of Common Stock, nor any
      cash

            

    

    
      
        
          

           

          

           

           

        

         

      

      
        3

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              payment,
      may be delivered under this Award, unless prior to or simultaneously with
      such issuance, the Employee or, in the event of his death, the person
      succeeding to his rights hereunder, shall pay to the Corporation such
      amount as the Corporation advises is required under applicable federal,
      state or local laws to withhold and pay over to governmental taxing
      authorities by reason of the delivery of such shares of Common Stock and
      any cash payment pursuant to this Award.  The Corporation may,
      in its discretion, withhold payment of required withholding taxes with
      cash or shares of Common Stock which otherwise would be delivered
      following the date of vesting of the Award under this paragraph
      2.

            

    

    

    
      	
               3.

            	
              Nontransferability.
      Neither the Award nor the Employee’s right to receive payment for vested
      Awards may be assigned or transferred except upon the death of the
      Employee (i) by will, (ii) by the laws of descent and distribution or
      (iii) pursuant to a designation by the Employee of a beneficiary or
      beneficiaries, provided that no such designation shall be effective unless
      filed with the Committee prior to the death of such
    Employee.

            

    

    

    
      	
               4.

            	
              Compliance with
      Law.  No payment may be made under this Award, unless
      prior to the issuance thereof, the Corporation shall have received an
      opinion of counsel to the effect that this Award by the Corporation to the
      Employee will not constitute a violation of the Securities Act of 1933, as
      amended.  As a condition of this Award, the Employee shall, if
      requested by the Corporation, submit a written statement in form
      satisfactory to counsel for the Corporation, to the effect that any shares
      received under this Award shall be for investment and not with a view to
      the distribution thereof within the meaning of the Securities Act of 1933,
      as amended, and the Corporation shall have the right, in its discretion,
      to cause the certificates representing shares hereunder to be
      appropriately legended to refer to such undertaking or to any legal
      restrictions imposed upon the transferability thereof by reason of such
      undertaking.

            

    

     

    
      
        	
                 
      

              	
                The
      Award granted hereby is subject to the condition that if the listing,
      registration or qualification of the shares subject hereto on any
      securities exchange or under any state or federal law, or if the consent
      or approval of any regulatory body shall be necessary as a condition of,
      or in connection with, the granting of the Award or the delivery of shares
      thereunder, such shares may not be delivered unless and until such
      listing, registration, qualification, consent or approval shall have been
      effected or obtained.  The Corporation agrees to use its best
      efforts to obtain any such requisite listing, registration, qualification,
      consent or approval.

              

      

      

      
        	 	
                The
      Employee is solely responsible for obtaining/providing whatever exchange
      control approvals, permits, licenses, or notices, which may be necessary
      for the Employee to hold the Award, or to receive any payment of cash or
      shares or to hold or sell the shares subject to the Award, if
      any.  Neither Kimberly-Clark nor its Affiliates will be
      responsible for obtaining any such approvals, licenses or permits, or for
      making any such notices, nor will the Corporation nor its Affiliates be
      liable for any fines or penalties the Employee may incur for failure to
      obtain any required approvals, permits or licenses or to make any required
      notices.

              

      

    
      	
               5.

            	
              No Right of Continued
      Employment.  The granting of this Award does not confer
      upon the Employee any legal right to be continued in the employ of the
      Corporation or its

            

    

    
      
        
          

           

          

           

           

        

         

      

      
        4

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              Affiliates,
      and the Corporation and its Affiliates reserve the right to discharge the
      Employee whenever the interest of the Corporation or its Affiliates may so
      require without liability to the Corporation or its Affiliates, the Board
      of Directors of the Corporation or its Affiliates, or the Committee,
      except as to any rights which may be expressly conferred on the Employee
      under this Award.

            

    

    

    
      	
               6.

            	
              Discretion of the
      Corporation, Board of Directors and the Committee.  Any
      decision made or action taken by the Corporation or by the Board of
      Directors of the Corporation or by the Committee arising out of or in
      connection with the construction, administration, interpretation and
      effect of this Award shall be within the absolute discretion of the
      Corporation, the Board of Directors of the Corporation or the Committee,
      as the case may be, and shall be conclusive and binding upon all
      persons.

            

    

    

    
      	
               7.

            	
              Inalienability of
      Benefits and Interest.  This Award and the rights and
      privileges conferred hereby shall not be subject in any manner to
      anticipation, alienation, sale, transfer, assignment, pledge, encumbrance
      or charge, and any such attempted action shall be void and no such benefit
      or interest shall be in any manner liable for or subject to debts,
      contracts, liabilities, engagements, or torts of the
    Employee.

            

    

    

    
      	
               8.

            	
              Delaware Law to
      Govern.  The Plan is governed by and subject to the laws
      of the United States of America.  All questions pertaining to
      the construction, interpretation, regulation, validity and effect of the
      provisions of this Award and any rights under the Plan shall be determined
      in accordance with the laws of the State of
  Delaware.

            

    

    

    
      	
              9.

            	
              Purchase of Common
      Stock.  The Corporation and its Affiliates may, but shall
      not be required to, purchase shares of Common Stock of the Corporation for
      purposes of satisfying the requirements of this Award.  The
      Corporation and its Affiliates shall have no obligation to retain and
      shall have the unlimited right to sell or otherwise deal with for their
      own account, any shares of common stock of the Corporation purchased for
      satisfying the requirements of this
Award.

            

    

    

    
      	
              10.

            	
              Notices.  Any
      notice to be given to the Corporation under this Award shall be addressed
      to the Corporation in care of its Director of Compensation located at the
      World Headquarters, and any notice to be given to the Employee under the
      terms of this Award may be addressed to him at his address as it appears
      on the Corporation's records, or at such other address as either party may
      hereafter designate in writing to the other.  Any such notice
      shall be deemed to have been duly given if and when enclosed in a properly
      sealed envelope or wrapper addressed as aforesaid, registered and
      deposited, postage and registry fee prepaid, in a post office or branch
      post office regularly maintained by the United States
      Government.

            

    

    

    
      	
              11.

            	
              Changes in
      Capitalization.  In the event there are any changes in
      the common stock or the capitalization of the Corporation through a
      corporate transaction, such as any merger, any acquisition through the
      issuance of capital stock of the Corporation, any consolidation, any
      separation of the Corporation (including a spin-off or other distribution
      of stock of the Corporation), any reorganization of the Corporation
      (whether or not such reorganization comes within the definition of such
      term in section 368 of the Code), or any partial or complete liquidation
      by the Corporation, recapitalization, stock dividend, stock split or other
      change in the corporate structure,
appropriate

            

    

    
      
        
          

           

          

           

           

        

         

      

      
        5

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              adjustments
      and changes shall be made by the Committee in (a) the number of shares
      subject to this Award, and (b) such other provisions of this Award as may
      be necessary and equitable to carry out the foregoing
      purposes.

            

    

    

    
      	
              12.

            	
              Effect on Other
      Plans.  All benefits under this Award shall constitute
      special compensation and shall not affect the level of benefits provided
      to or received by the Employee (or the Employee's estate or beneficiaries)
      as part of any employee benefit plan of the Corporation or an
      Affiliates.  This Award shall not be construed to affect in any
      way the Employee's rights and obligations under any other plan maintained
      by the Corporation or an Affiliate on behalf of
  employees.

            

    

    

    
      	
              13.

            	
              Discretionary Nature
      of Award.  The grant of an Award is a one-time benefit
      and does not create any contractual or other right to receive a grant of
      Awards or benefits in lieu of Awards in the future.  Future
      grants, if any, will be at the sole discretion of Kimberly Clark,
      including, but not limited to, the timing of any grant, the number of
      PRSUs and vesting provisions.  The value of the Award is an
      extraordinary item of compensation outside the scope of the Employee’s
      employment contract, if any.  As such, the Award is not part of
      normal or expected compensation for purposes of calculating any severance,
      resignation, redundancy, end of service payments, bonuses, long-service
      awards, pension or retirement benefits or similar
  payments.

            

    

    

    
      	
              14.

            	
              Data
      Privacy.  The Employee hereby authorizes their employer
      to furnish Kimberly-Clark (and any agent of Kimberly-Clark administering
      the Plan or providing Plan recordkeeping services) with such information
      and data as it shall request in order to facilitate the grant of Awards
      and administration of the Plan and the Employee waives any data privacy
      rights such Employee might otherwise have with respect to such
      information.

            

    

    

    
      	
              15.

            	
              Conflict with
      Plan.  This Award is awarded pursuant to and subject to
      the Plan.  This Agreement is intended to supplement and carry
      out the terms of the Plan.  It is subject to all terms and
      provisions of the Plan and, in the event of a conflict, the Plan shall
      prevail.

            

    

    

    
      	
              16.

            	
              Successors.  This
      Award shall be binding upon and inure to the benefit of any successor or
      successors of the Corporation.

            

    

    

    
      	
              17.

            	
              Amendments.  The
      Committee may at any time alter or amend this Award to the extent (1)
      permitted by law, (2) permitted by the rules of any stock exchange on
      which the common stock or any other security of the Corporation is listed,
      and (3) permitted under applicable provisions of the Securities Act of
      1933, as amended, the Securities Exchange Act of 1934, as amended
      (including rule 16b-3 thereof).

            

    

    

    
      	
              18.

            	
              Defined
      Terms.  Terms which are capitalized are defined herein or
      in the Plan and have the same meaning set forth in the Plan, unless the
      context indicates otherwise.

            

    

    

    
      	
              19.

            	
              For U.S. Employee’s
      Only.  A U.S. Employee who has not previously signed a
      noncompete agreement has until the end of the one hundred twenty (120) day
      period beginning from the date of grant of this Award to sign and return
      the Noncompete Agreement provided to such Employee.  If the U.S.
      Employee does not sign and
return

            

    

    
      
        
          

           

          

           

           

        

         

      

      
        6

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              the
      provided Noncompete Agreement on or before the end of such one hundred
      twenty (120) day period then the grant of the Award, as set forth in
      Section 1, shall not be binding on and shall be voidable by the
      Corporation, in which case it shall have no further force or
      effect.

            

    

    

    
      	
              20.

            	
              Acceptance of Award
      terms and conditions.  An Employee has until the end of
      the one hundred twenty (120) day period beginning from the date of grant
      of this Award to accept this Award Agreement.  If the Employee
      does not accept this Award Agreement on or before the end of such one
      hundred twenty (120) day period then the grant of the Award, as set forth
      in Section 1, shall not be binding on and shall be voidable by the
      Corporation, in which case it shall have no further force or
      effect.

            

    

    

    
      	
               
      

            	
              Acknowledgment of
      Conditions

            

    

    

    I
understand and acknowledge the following conditions with respect to the Award
granted to me under Kimberly-Clark Corporation’s 2001 Equity Participation
Plan:

    

    
      	
              ·  

            	
              The
      2001 Equity Participation Plan (the “Plan”) is discretionary in nature and
      Kimberly-Clark may cancel or terminate it at any time.  The
      grant of an Award is a one-time benefit and does not create any
      contractual or other right to receive an Award or benefits in lieu of an
      Award in the future.  Future grants, if any, will be at the sole
      discretion of Kimberly-Clark, including, but not limited to, the timing of
      any grant, the number of Awards, vesting provisions and the exercise
      price.

            

    

     

    
      	
              ·  

            	
              My
      participation in the Plan is voluntary. The value of the Award is an
      extraordinary item of compensation outside the scope of my employment
      contract, if any.  As such, the restricted share unit award is
      not part of normal or expected compensation for purposes of calculating
      any severance, resignation, redundancy, end of service payments, bonuses,
      long-service awards, pension, retirement or welfare benefits or similar
      payments and in no event shall be considered as compensation for, or
      relating in any way to, past services for Kimberly-Clark as my actual
      employer (the “Employer”).

            

    

     

    
      	
              ·  

            	
              The
      future value of the underlying shares is unknown and cannot be predicted
      with certainty.  If the underlying shares do not increase in
      value, the Award will have no
value.

            

    

     

    
      	
              ·  

            	
              In
      consideration of the grant of the Award, no claim or entitlement to
      compensation or damages shall arise from termination of the Award, and no
      claim or entitlement to compensation or damages shall arise from any
      diminution in value of the PRSUs or shares received upon vesting of PRSUs
      resulting from termination of my employment by the Corporation or the
      Employer (for any reason whatsoever and whether or not in breach of local
      labor laws) and I irrevocably release the Corporation and the Employer
      from any such claim that may arise; if, notwithstanding the foregoing, any
      such claim is found by a court of competent jurisdiction to have arisen,
      then, by accepting this Award Agreement, I shall be deemed irrevocably to
      have waived any entitlement to pursue such
  claim.

            

    

     

    
      	
              ·  

            	
              In
      the event of termination of my employment (whether or not in breach of
      local labor laws and except as otherwise explicitly provided in the Award
      Agreement of the Plan), my right to receive PRSUs and vest under the Plan,
      if any, will terminate effective as of the date that I am no longer
      actively employed and will not be extended by any notice
      period

            

    

     

    
      
        
          

           

          

           

           

        

         

      

      
        7

        
          

        

      

      
         

      

    

    
      	
                

            	
              mandated
      under local law (e.g., active employment would not include a period of
      “garden leave” or similar period pursuant to local law); the Committee
      shall have the exclusive discretion to determine when I am no longer
      actively employed for purposes of the
Award.

            

    

     

    
      	
              ·  

            	
              The
      Corporation is not providing any tax, legal or financial advice, nor is
      the Corporation making any recommendations regarding participation in the
      Plan.  Further, I have been advised to consult with my own
      advisors regarding participation in the Plan before taking any action
      related to the Plan.

            

    

     

    
      	
              ·  

            	
              Regardless
      of any action the Corporation or the Employer takes with respect to any or
      all income tax (including federal, state and local taxes), social
      insurance, payroll tax, payment on account or other tax-related
      withholding (“Tax-Related Items”), I acknowledge that the ultimate
      liability for all Tax-Related Items legally due by me and remains my
      responsibility and that the Corporation and/or the Employer (i) make
      no representations or undertakings regarding the treatment of any
      Tax-Related Items in connection with any aspect of the Award, including
      the grant of the PRSUs, the vesting of PRSUs, the conversion of the PRSUs
      into shares or the receipt of an equivalent cash payment, the subsequent
      sale of any shares acquired at vesting and the receipt of any dividends;
      and (ii) do not commit to structure the terms of the grant or any
      aspect of the Award to reduce or eliminate the my liability for
      Tax-Related Items.

            

    

     

    
      	
              ·  

            	
              Prior
      to the relevant taxable event, I shall pay, or make adequate arrangements
      satisfactory to the Corporation or to the Employer (in their sole
      discretion) to satisfy all Tax-Related Items.  In this regard, I
      authorize the Corporation or the Employer to withhold all applicable
      Tax-Related Items legally payable by me from my wages or other cash
      compensation payable to me by the Corporation or the Employer or from any
      equivalent cash payment received pursuant to the
      PRSUs.  Alternatively, or in addition, if permissible under
      local law, the Corporation or the Employer may, in their sole discretion,
      (i) sell or arrange for the sale of shares to be issued pursuant to the
      PRSUs to satisfy Tax-Related Items, and/or (ii) withhold in shares,
      provided that the Corporation and the Employer shall withhold only the
      amount of shares necessary to satisfy the minimum withholding amount or
      any such amount as described by the Corporation not to result in adverse
      accounting consequences.  If the obligation for Tax-Related
      Items is satisfied by withholding in shares, I am deemed to have been
      issued the full number of shares subject to the Award, notwithstanding
      that a number of shares is held back solely for the purpose of paying
      Tax-Related Items.  I shall pay to the Corporation or to the
      Employer any amount of Tax-Related Items that the Corporation or the
      Employer may be required to withhold as a result of my receipt of PRSUs,
      the vesting of PRSUs, the receipt of an equivalent cash payment, or the
      conversion of vested PRSUs to shares that cannot be satisfied by the means
      previously described.  The Corporation may refuse to deliver
      shares to me if I fail to comply with my obligation in connection with the
      Tax-Related Items as described
herein.

            

    

     

    
      	
              ·  

            	
              I
      hereby explicitly and unambiguously consent to the collection, use and
      transfer, in electronic or other form, of my personal data as described in
      this Award Agreement by and among, as applicable, my Employer, the
      Corporation, and its Affiliates for the exclusive purpose of implementing,
      administering and managing my participation in the
  Plan.

            

    

     

    
      
        
          

           

          

           

           

        

         

      

      
        8

        
          

        

      

      
         

      

    

    
      	
              ·  

            	
              I understand
      that the Corporation and my Employer may hold certain personal
      information about me, including, but not limited to, my name, home address
      and telephone number, date of birth, social insurance number or other
      identification number, salary, nationality, job title, any shares of
      common stock or directorships held in the Corporation, details of all
      Awards or any other entitlement to shares awarded, canceled, vested,
      unvested or outstanding in my favor, for the purpose of implementing,
      administering and managing the Plan (“Data”).  I understand that
      Data may be transferred to any third parties assisting in the
      implementation, administration and management of the Plan, that these
      recipients may be located in my country, or elsewhere, and that my country
      may have different data privacy laws and protections than my
      country.  I understand that I may request a list with the names
      and addresses of any potential recipients of the Data by contacting my
      local human resources representative.  I authorize the
      recipients to receive, possess, use, retain and transfer the Data, in
      electronic or other form, for the purposes of implementing, administering
      and managing my participation in the Plan, including any requisite
      transfer of such Data as may be required to a broker, escrow agent or
      other third party with whom the shares received upon vesting of the PRSUs
      may be deposited.  I understand that Data will be held only as
      long as is necessary to implement, administer and manage my participation
      in the Plan.  I understand that I may, at any time, view Data,
      request additional information about the storage and processing of Data,
      require any necessary amendments to Data or refuse or withdraw the
      consents herein, in any case without cost, by contacting in writing my
      local human resources representative.  I understand that refusal
      or withdrawal of consent may affect my ability to participate in the
      Plan.  For more information on the consequences of my refusal to
      consent or withdrawal of consent, I understand that I may contact my local
      human resources representative.

            

    

     

    
      	
              ·  

            	
              My
      Award may not be assigned, sold, encumbered, or in any way transferred or
      alienated.

            

    

     

    
      	
              ·  

            	
              The
      Plan is governed by and subject to U.S. law.  Interpretation of
      the Plan and my rights under the Plan will be governed by provisions of
      U.S. law.  For purposes of litigating any dispute that arises
      under this Award or Award Agreement, the parties submit to and consent to
      the jurisdiction of the State of Delaware, and agree that such litigation
      shall be conducted in the federal courts for the United States for the
      Northern District of Texas and no other
courts.

            

    

     

    
      	
              ·  

            	
              I
      understand that I am solely responsible for obtaining/providing whatever
      exchange control approvals, permits, licenses or notices, which may be
      necessary for my Award, to acquire the shares or to hold or sell the
      shares subject to the PRSU award. Neither Kimberly-Clark nor its
      Affiliates will be responsible for obtaining such approvals, licenses or
      permits, or for making any such notices, nor will Kimberly-Clark or its
      Affiliates be liable for any fines or penalties I may incur for failure to
      obtain any required approvals, permits or licenses or to make any required
      notices.

            

    

     

    
      	
              ·  

            	
              If
      one or more of the provisions of this Award Agreement shall be held
      invalid, illegal or unenforceable in any respect, the validity, legality
      and enforceability of the remaining provisions shall not in any way be
      affected or impaired thereby and the invalid, illegal or unenforceable
      provisions shall be deemed null and void; however, to the extent
      permissible by law, any provisions which could be deemed null and void
      shall first be

            

    

     

    
      
        
          

           

          

           

           

        

         

      

      
        9

        
          

        

      

      
         

      

    

    
      	
                

            	
              construed,
      interpreted or revised retroactively to permit this Award Agreement to be
      construed so as to foster the intent of this Award Agreement and the
      Plan.

            

    

     

    
      	
              ·  

            	
              If
      I have received this Award Agreement or any other document related to the
      Plan translated into a language other than English and if the translated
      version is different than the English version, the English version will
      control.

            

    

     

    
      	
              ·  

            	
              I
      recognize that the grant of this restricted share unit award is not an
      element of my normal or expected compensation and I acknowledge that I
      have no future rights to Awards under this or any other plans offered by
      Kimberly-Clark, including but not limited to, upon termination of the Plan
      or upon severance of my employment.

            

    

     

    

    Conclusion and
Acceptance

    

    I
accept this grant via electronic signature  by clicking  the
"Accept" icon and certify that I have read, understand and agree to the terms
and conditions of the 2001 Equity Participation Plan (the "Plan"), the
provisions of the applicable agreements and all other applicable
documents (including any country-specific terms applicable to my
grant).  I hereby authorize my employer to furnish Kimberly-Clark
(and any agent administering the Plan or providing recordkeeping services) with
such information and data as it shall request in order to facilitate the grant
of Awards and enable administration of the Plan and I understand
that such information shall be used only as long and to the
extent necessary to administer my participation in the Plan. I agree
that my participation in the Plan and the
Awards granted to me under the Plan will be
governed solely by provisions of U.S. law. 

    

    
      
        
          

           

          

           

           

        

         

      

      
        10

        
          

        

      

      
         

      

    

    KIMBERLY-CLARK
CORPORATION

    PERFORMANCE
RESTRICTED STOCK UNIT

    AWARD AGREEMENT 

    

    APPENDIX
A

    

    

    This
Appendix A includes additional terms and conditions that govern the Award
granted to the Employee under the Plan if the Employee resides in one of the
countries listed below.  Certain capitalized terms used but not
defined in this Appendix A have the meanings set forth in the Plan and/or the
Award Agreement.

    

    AUSTRALIA

    

    Securities
Law Notice

    

    If the
Employee acquires shares of the Corporation’s common stock pursuant to this
Award and the Employee offers his or her shares of the Corporation’s common
stock for sale to a person or entity resident in Australia, the offer may be
subject to disclosure requirements under Australian law.  The Employee should obtain legal
advice on his or her disclosure obligations prior to making any such
offer.

    

    Award
Payable Only in Shares

    

    Notwithstanding
any discretion contained in the Plan, or any provision in the Award Agreement to
the contrary, Awards granted to Employees in Australia shall be paid in shares
of the Corporation’s common stock only and do not provide any right for Employee
to receive a cash payment.

    

    CANADA

    

    Award
Payable Only in Shares

    

    Notwithstanding
any discretion contained in the Plan, or any provision in the Award Agreement to
the contrary, Awards granted to Employees in Canada shall be paid in shares of
the Corporation common stock only and do not provide any right for Employee to
receive a cash payment.

    

    Language
Consent

    

    The
parties acknowledge that it is their express wish that the Award Agreement, as
well as all documents, notices and legal proceedings entered into, given or
instituted pursuant hereto or relating directly or indirectly hereto, be drawn
up in English.

    

    Les
parties reconnaissent avoir exigé la rédaction en anglais de la convention,
ainsi que de tous documents exécutés, avis donnés et procédures judiciaries
intentées, directement ou indirectement, relativement à ou suite à la présente
convention.

    

    Securities
Law Notice

    
      
        
          

           

          

           

           

        

         

      

      
        11

        
          

        

      

      
         

      

    

    

    The
Employee is permitted to sell shares acquired through the Plan through the
designated broker appointed under the Plan, if any, provided the resale of
shares acquired under the Plan takes place outside of Canada through the
facilities of a stock exchange on which the shares are listed.  The
Corporation’s shares are currently listed on New York Stock
Exchange.

    

    CHINA

    

    Exchange
Control Notice

     

    Notwithstanding
anything to the contrary in the Award Agreement, due to regulatory requirements
in China, the Corporation reserves the right to force the Employee to
immediately sell all of the shares upon vesting of the Award, upon notice to the
Employee.

     

    The
Employee understands and agrees that due to exchange control laws in China, the
Employee will be required to immediately repatriate the cash proceeds from
the sale of shares to China.   The Employee further understand that
such repatriation of the cash proceeds may need to be effected through a special
exchange control account established by the Corporation or a parent, subsidiary
or Affiliate, and the Employee hereby consents and agrees that the cash proceeds
may be transferred to such special account prior to being delivered to the
Employee.

    

    INDIA

    

    Fringe
Benefit Tax

    

    By
accepting this option and participating in the Plan, the Employee consents and
agrees to assume any and all liability for fringe benefit tax that may be
payable by the Employee or the Employer in connection with the Plan upon
request of the Corporation and at the Corporation’s sole
discretion.  The Employee understands that the grant of the Award and
participation in the Plan is contingent upon his or her agreement to assume
liability for fringe benefit tax payable on the shares of common stock acquired
under the Plan if the Corporation so requests.

    

    Further,
by accepting this Award and participating in the Plan, the Employee agrees that
the Corporation and/or the Employer may collect fringe benefit tax from the
Employee by any of the means set forth in the Acknowledgment of Conditions
section of the Award Agreement or any other reasonable method established by the
Corporation.  The Employee also agrees to execute any other consents
or elections required to accomplish the foregoing, promptly upon request of the
Corporation.

    

    ITALY

    

    Data
Privacy Notice and Consent.  

    

    This
provision replaces in its entirety the data privacy in the Award
Agreement:

    

    The
Employee hereby explicitly and unambiguously consents to the collection, use,
processing and transfer, in electronic or other form, of his or her personal
data as described in this section of this Appendix A by and among, as
applicable, the

    
      
        
          

           

          

           

           

        

         

      

      
        12

        
          

        

      

      
         

      

    

    Employer,
the Corporation and any Affiliate for the exclusive purpose of implementing,
administering, and managing the Employee’s participation in the
Plan.

    

    The
Employee understands that the Employer, the Corporation and any Affiliate hold
certain personal information about him or her, including, but not limited to,
the Employee’s name, home address and telephone number, date of birth, social
insurance or other identification number, salary, nationality, job title, any
shares of common stock or directorships held in the Corporation or any
Affiliate, details of all Awards, or any other entitlement to shares of common
stock awarded, canceled, exercised, vested, unvested or outstanding in the
Employee’s favor, for the exclusive purpose of implementing, managing and
administering the Plan (“Data”). 

    

    The
Employee also understands that providing the Corporation with Data is necessary
for the performance of the Plan and that his or her refusal to provide such Data
would make it impossible for the Corporation to perform its contractual
obligations and may affect the Employee’s ability to participate in the
Plan.  The Controller of personal data processing is Kimberly-Clark
Corporation  with registered offices at 351 Phelps Drive, Irving,
Texas  75038, United States of America, and, pursuant to Legislative
Decree no. 196/2003, its representative in Italy is Kimberly-Clark s.r.l. at Via
Della Rocca, 49, Torino, Italy.

    

    The
Employee understands that Data will not be publicized, but it may be transferred
to banks, other financial institutions, or brokers involved in the management
and administration of the Plan.  The Employee understands that Data
may also be transferred to the Corporation’s independent registered public
accounting firm.  The Employee further understand that the Corporation
and/or any Affiliate will transfer Data among themselves as necessary for the
purpose of implementing, administering and managing the Employee’s participation
in the Plan, and that the Corporation and/or any Affiliate may each further
transfer Data to third parties assisting the Corporation in the implementation,
administration, and management of the Plan, including any requisite transfer of
Data to a broker or other third party with whom the Employee may elect to
deposit any shares of common stock acquired under the Plan.  Such
recipients may receive, possess, use, retain, and transfer Data in electronic or
other form, for the purposes of implementing, administering, and managing the
Employee’s participation in the Plan.  The Employee understands that
these recipients may be located in or outside the European Economic Area, such
as in the United States or elsewhere.  Should the Corporation exercise
its discretion in suspending all necessary legal obligations connected with the
management and administration of the Plan, it will delete Data as soon as it has
completed all the necessary legal obligations connected with the management and
administration of the Plan.

    

    The
Employee understands that Data processing related to the purposes specified
above shall take place under automated or non-automated conditions, anonymously
when possible, that comply with the purposes for which Data is collected and
with confidentiality and security provisions as set forth by applicable laws and
regulations, with specific reference to Legislative Decree no.
196/2003.

    

    The
processing activity, including communication, the transfer of Data abroad,
including outside of the European Economic Area, as herein specified and
pursuant to

    
      
        
          

           

          

           

           

        

         

      

      
        13

        
          

        

      

      
         

      

    

    applicable
laws and regulations, does not require the Employee’s consent thereto as the
processing is necessary to performance of contractual obligations related to
implementation, administration, and management of the Plan.  The
Employee understands that, pursuant to Section 7 of the Legislative Decree no.
196/2003, he or she has the right to, including but not limited to, access,
delete, update, correct, or terminate, for legitimate reason, the Data
processing.  Furthermore, the Employee is aware that Data will not be
used for direct marketing purposes.  In addition, Data provided can be
reviewed and questions or complaints can be addressed by contacting the
Employee’s local human resources representative.

    

    Plan
Document Acknowledgment  

    

    In
accepting the grant of this option, the Employee acknowledges that he or she has
received a copy of the Plan and the Award Agreement and has reviewed the Plan
and the Award Agreement, including this Appendix A, in their entirety and fully
understands and accepts all provisions of the Plan and the Award Agreement,
including this Appendix A.  

    

    The
Employee acknowledges that he or she has read and specifically and expressly
approves the following sections of the Award Agreement: Section 2(6) on Payment
of Withholding Taxes; Section 5 on No Right of Continued Employment; Section 8
on Delaware Law to Govern; the section on Acknowledgment of Conditions; and the
Data Privacy Notice and Consent section included in this Appendix
A.

    

    MEXICO

    

    Labor
Law Policy and Acknowledgment

    

    In
accepting the grant of this Award, the Employee expressly recognizes that
Kimberly-Clark Corporation, with registered offices at 351 Phelps Drive, Irving,
Texas  75038, United States of America, is solely responsible for the
administration of the Plan and that the Employee’s participation in the Plan and
acquisition of shares of common stock do not constitute an employment
relationship between the Employee and the Corporation since the Employee is
participating in the Plan on a wholly commercial basis and his or her sole
Employer is Kimberly-Clark de Mexico, S.A. de C.V.  Based on the
foregoing, the Employee expressly recognizes that the Plan and the benefits that
he or she may derive from participating in the Plan do not establish any rights
between the Employee and the Employer, Kimberly-Clark de Mexico, S.A. de C.V.
and do not form part of the employment conditions and/or benefits provided by
Kimberly-Clark de Mexico, S.A. de C.V., and any modification of the Plan or its
termination shall not constitute a change or impairment of the terms and
conditions of the Employee’s employment.

    

    The
Employee further understands that his or her participation in the Plan is as a
result of a unilateral and discretionary decision of the Corporation; therefore,
Kimberly-Clark Corporation reserves the absolute right to amend and/or
discontinue the Employee’s participation at any time without any liability to
the Employee.

    

    Finally,
the Employee hereby declares that he or she does not reserve to him- or herself
any action or right to bring any claim against Kimberly-Clark Corporation for
any compensation or damages regarding any provision of the Plan or the benefits
derived under the Plan, and the

    
      
        
          

           

          

           

           

        

         

      

      
        14

        
          

        

      

      
         

      

    

    Employee
therefore grants a full and broad release to the Corporation, its Affiliates,
branches, representation offices, its shareholders, officers, agents, or legal
representatives with respect to any claim that may arise. 

    

    Política
Laboral y Reconocimiento/Aceptación 

    

    Al
aceptar el otorgamiento de este Premio, el Empleado expresamente reconoce que
Kimberly-Clark Corporation con oficinas registradas en 351 Phelps Drive, Irving,
Texas  75038, U.S.A., es la única responsable por la administración
del Plan y que la participación del Empleado en el Plan y en su caso la
adquisición de las Opciones de Compra de Acciones o Acciones no constituyen ni
podrán interpretarse como una relación de trabajo entre el Empleado y
Kimberly-Clark Corporation, ya que el Empleado participa en el Plan en un marco
totalmente comercial y su único Patrón lo es Kimberly-Clark de Mexico, S.A. de
C.V., con domicilio en Kimberly-Clark de Mexico, S.A. de C.V.
Mexico.  Derivado de lo anterior, el Empleado expresamente reconoce
que el Plan y los beneficios que pudieran derivar de la participación en el Plan
no establecen derecho alguno entre el Empleado y el Patrón, Kimberly-Clark de
Mexico, S.A. de C.V. y no forma parte de las condiciones de trabajo y/o las
prestaciones otorgadas por Kimberly-Clark de Mexico, S.A. de C.V. y que
cualquier modificación al Plan o su terminación no constituye un cambio o
impedimento de los términos y condiciones de la relación de trabajo del
Empleado.

    

    Asimismo,
el Empleado reconoce que su participación en el Plan es resultado de una
decisión unilateral y discrecional de Kimberly-Clark Corporation por lo tanto,
Kimberly-Clark Corporation se reserva el absoluto derecho de modificar y/o
terminar la participación del Empleado en cualquier momento y sin
responsabilidad alguna frente el Empleado.

    

    Finalmente,
el Empleado por este medio declara que no se reserva derecho o acción alguna que
ejercitar en contra de Kimberly-Clark Corporation por cualquier compensación o
daño en relación con las disposiciones del Plan o de los beneficios derivados
del Plan y por lo tanto, el Empleado otorga el más amplio finiquito que en
derecho proceda a Kimberly-Clark Corporation , sus afiliadas, subsidiarias,
oficinas de representación, sus accionistas, funcionarios, agentes o
representantes legales en relación con cualquier demanda que pudiera surgir.

    

    NEW
ZEALAND

    

    Securities
Law Notice

    

    The
Employee will receive the following documents (in addition to this Appendix A)
in connection with the Award from the Corporation:

    

    
      	
              1.  

            	
              an
      Award Agreement which sets forth the terms and conditions of the Award
      grant;

            

    

     

    
      	
              2.  

            	
              a
      copy of the Corporation’s most recent annual report and most recent
      financial reports have been made available to enable the Employee to make
      informed decisions concerning the Award;
and

            

    

     

    
      	
              3.  

            	
              a
      copy of the description of the Kimberly-Clark Corporation 2001 Equity
      Participation Plan (“Description”) (i.e., the Corporation’s
      Form S-8 Plan Prospectus under the U.S.
  Securities

            

    

     

    
      
        
          

           

          

           

           

        

         

      

      
        15

        
          

        

      

      
         

      

    

    
      	
               

            	
              Act
      of 1933, as amended), and the Corporation will provide any attachments or
      documents incorporated by reference into the Description upon written
      request.  The documents incorporated by reference into the
      Description are updated periodically.  Should the Employee
      request copies of the documents incorporated by reference into the
      Description, the Corporation will provide the Employee with the most
      recent documents incorporated by
reference.

            

    

     

    RUSSIA

    

    Securities
Law Notice

    

    This
Award Agreement, the Plan and all other materials the Employee may receive
regarding participation in the Plan do not constitute advertising or an offering
of securities in Russia.  The issuance of shares of common stock under
the Plan has not and will not be registered in Russia and hence the shares
described in any Plan-related documents may not be offered or placed in public
circulation in Russia.

    

    Please
note that, under the Russian law, the Employee is not permitted to sell the
Corporation’s shares directly to other Russian individuals and the Employee is
not permitted to bring share certificates into Russia.

    

    SOUTH
AFRICA

    

    Tax
Acknowledgment

    

    By
accepting the Award, the Employee agrees to notify the Employer of the amount of
any gain realized upon vesting of the Award.  If the Employee fails to
advise the Employer of the gain realized upon vesting, the Employee may be
liable for a fine.  The Employee will be responsible for paying any
difference between the actual tax liability and the amount
withheld.

    

    SPAIN

    

    Labor
Law Acknowledgment

    

    By
accepting the Award, the Employee acknowledges that he or she understands and
agrees to participation in the Plan and that he or she has received a copy of
the Plan.

    

    The
Employee understands that the Corporation has unilaterally, gratuitously and
discretionally decided to grant Awards under the Plan to individuals who may be
employees of the Corporation or its Affiliates throughout the
world.  The decision is a limited decision that is entered into upon
the express assumption and condition that any grant will not economically or
otherwise bind the Corporation or any of its Affiliates on an ongoing
basis.  Consequently, the Employee understands that any grant is given
on the assumption and condition that it shall not become a part of any
employment contract (either with the Corporation or any of its Affiliates) and
shall not be considered a mandatory benefit, salary for any purposes (including
severance compensation) or any other right whatsoever.  Further, the
Employee understands and freely accepts that there is no guarantee that any
benefit whatsoever shall arise from any gratuitous and discretionary grant since
the future value of the Award and the underlying shares is unknown and
unpredictable.  In addition, the Employee understands that this grant
would not

     

    
      
        
          

           

          

           

           

        

         

      

      
        16

        
          

        

      

      
         

      

    

    be made
but for the assumptions and conditions referred to above; thus,  the
Employee understands, acknowledges and freely accepts that should any or all of
the assumptions be mistaken or should any of the conditions not be met for any
reason, then the Award shall be null and void.  

     

    UNITED
KINGDOM 

    

    Tax
Acknowledgment

    

    The
following information supplements the information regarding Tax-Related Items in
the Acknowledgment of Conditions section of the Award Agreement:

    

    If
payment or withholding of the income tax due is not made within 90 days of the
event giving rise to the Tax-Related Items or such other period specified in
section 222(1)(c) of the U.K. Income Tax (Earnings and Pensions) Act 2003 (the
“Due Date”), the amount of any uncollected Tax-Related Items shall constitute a
loan owed by the Employee to the Employer, effective on the Due
Date.  The Employee agrees that the loan will bear interest at the
then-current Her Majesty’s Revenue and Customs (“HMRC”) official rate; it will
be immediately due and repayable.  Notwithstanding the foregoing, if
the Employee is an officer or executive director (as within the meaning of
Section 13(k) of the U.S. Securities and Exchange Act of 1934, as amended), the
terms of this provision will not apply to the Employee.  In the event
that the Employee is an officer or director, as defined above, and Tax-Related
Items are not collected from or paid by the Employee by the Due Date, the amount
of any uncollected Tax-Related Items may constitute a benefit to the Employee on
which additional income tax and National Insurance Contributions may be
payable.  The Employee acknowledges the Corporation or the Employer
may recover it at any time thereafter by any of the means referred to
in the Award Agreement.  The Employee authorizes the Corporation
to withhold the transfer of any shares unless and until the loan is repaid in
full.  

    

    VIETNAM

    

    Exchange
Control Notice

    

    Notwithstanding
anything to the contrary in the Award Agreement, due to regulatory requirements
in Vietnam, the Corporation reserves the right to force the Employee to
immediately sell all of the shares upon vesting of the Award, upon notice to the
Employee. 

     

    The
Employee understands and agrees that due to exchange control laws in Vietnam,
the Employee will be required to immediately repatriate the cash proceeds
from the sale of shares to Vietnam.   The Employee further understand
that such repatriation of the cash proceeds may need to be effected through a
special exchange control account established by the Corporation or a parent,
subsidiary or Affiliate, and the Employee hereby consents and agrees that the
cash proceeds may be transferred to such special account prior to being
delivered to the Employee.

    
      
        
          

           

          

           

        

         

      

      
        17

        
          

        

      

      
         

      

    

    KIMBERLY-CLARK
CORPORATION

    NONQUALIFIED
STOCK OPTION

    AWARD AGREEMENT

    

    

    

    

    This
Award, granted this _____ day of _________, _____, by Kimberly-Clark
Corporation, a Delaware corporation (hereinafter called the "Corporation"), is
subject to the terms and conditions of the 2001 Equity Participation Plan (the
“Plan”) and this Award Agreement, including any country-specific terms and
conditions contained in Appendix A to this Award Agreement.

    W I T N E S S E T H:

    

    WHEREAS,
the Corporation has adopted the 2001 Equity Participation Plan (the "Plan") to
encourage those employees who materially contribute, by managerial, scientific
or other innovative means, to the success of the Corporation or of an Affiliate,
to acquire an ownership interest in the Corporation, thereby increasing their
motivation for and interest in the Corporation's or the Affiliate's long-term
success;

    

    NOW,
THEREFORE, it is agreed as follows:

    

    
      	
               1.

            	
              Number of Shares
      Optioned; Option Price.  The Corporation grants to the
      Employee the right and option to purchase in his own name, on the terms
      and conditions hereinafter set forth, all or any part of an aggregate of
      the number of shares of the $1.25 par value common stock of the
      Corporation, and at the purchase price per share, as granted by the
      Committee on the date set forth above and as reflected on the Merrill
      Lynch online site, or any successor system, via the Grant Summary screen
      as the Options Granted and the Grant Price.  This option shall
      not be an incentive stock option within the meaning of Section 422 of the
      Internal Revenue Code of 1986, as amended (the
  "Code").

            

    

    

     2.           Exercise of
Option.

    

    
      	
               
      

            	
              (a)

            	
              Limitations on
      Exercise.  This option shall be subject to forfeiture
      until the Employee becomes vested in such Awards according to the schedule
      set forth in the Award Agreement.  This option shall not be
      exercisable until at least one year has expired after the granting of this
      option, during which time the Employee shall have been in the continuous
      employ of the Corporation or an Affiliate; provided, however, that the
      option shall become exercisable immediately in the event of a Qualified
      Termination of Employment of a Participant, without regard to the
      limitations set forth below in this subsection.  At any time
      during the period of this option after the end of the first year, the
      Employee may purchase up to 30 percent of the shares covered by this
      option; after the end of the second year, an additional 30 percent; and
      after the end of the third year, the remaining 40 percent of the total
      number of shares covered

            

    

     

    
      
        
          

           

        

         

      

      
        1

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              by
      the option, so that, upon the expiration of the third year, the Employee
      will have become entitled to purchase all shares subject to this option;
      provided,, however, that if the Employee's employment is terminated for
      any reason other than death, Retirement, or Total and Permanent
      Disability, this option shall only be exercisable for three months
      following such termination and only for the number of shares which were
      exercisable on the date of such termination.  In no event,
      however, may this option be exercised more than ten (10) years after the
      date of its grant.

            

    

     

    
      
        	
                 
      

              	
                The
      above provisions of Section 2(a) notwithstanding, to the extent provided
      by rules of the Committee referred to in the Plan (hereinafter referred to
      as the "Committee"), this option is not exercisable during any period
      during which the Employee's right to make deposits to the Kimberly-Clark
      Corporation Salaried Employees Incentive Investment Plan is suspended
      pursuant to a provision of such plan or rules adopted thereunder to comply
      with regulations regarding hardship withdrawals promulgated by the
      Internal Revenue Service.

              

      

       

      
        	
                 
      

              	
                A
      termination of employment shall not be deemed to have occurred while an
      Employee is on military leave or other bona fide leave of absence if the
      period of such leave does not exceed six months, or if longer, so long as
      the Employee retains a right to reemployment with the Corporation or an
      Affiliate under an applicable statute or by contract.  For
      purposes of this subparagraph, a leave of absence constitutes a bona fide
      leave of absence only if there is a reasonable expectation that the
      Employee will return to perform services for the Corporation or an
      Affiliate.  If the period of leave exceeds six months and the
      Employee does not retain a right to reemployment under an applicable
      statute or by contract, the employment relationship is deemed to terminate
      on the first date immediately following such six-month
      period.  Notwithstanding the foregoing sentence, where a leave
      of absence is due to any medically determinable physical or mental
      impairment that can be expected to result in death or can be expected to
      last for a continuous period of not less than six months, where such
      impairment causes the Employee to be unable to perform the duties of his
      or her position of employment or any substantially similar position of
      employment, a 29-month period of absence is substituted for such six-month
      period in determining whether a termination of employment shall be deemed
      to have occurred.  A termination of employment with the
      Corporation or an Affiliate to accept immediate reemployment with the
      Corporation or an Affiliate likewise shall not be deemed to be a
      termination of employment for purposes of the Plan.  An Employee
      who is classified as an intermittent employee shall be deemed to have a
      termination of employment for purposes of the
  Plan.

              

      

       

    

    
      	
               
      

            	
              (b)

            	
              Exercise after Death,
      Retirement, or Disability.  If the Employee dies, Retires
      or becomes Totally and Permanently Disabled without having exercised this
      option in full, the remaining portion of this option, determined without
      regard to the limitations in subsection 2(a), may be exercised within the
      earlier of (i) three years from the date of death or Total and Permanent
      Disability or five years from the date of Retirement, as the case may be,
      or (ii) the remaining period of this option.  In the case of an
      Employee who dies, this option may be exercised by the person or persons
      to whom the Employee's rights under this option shall pass by will or by
      applicable law or, if no such person has such rights, by
    his

            

    

     

    
      
        
          

           

        

         

      

      
        2

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              executor
      or administrator.

            

    

     

    
      	
               
      

            	
              (c)

            	
              Method of
      Exercise.  This option shall be exercised by delivering
      to Merrill Lynch, or other authorized agent of the Corporation, as set
      forth in their terms and conditions of exercise, written notice of the
      number of shares with respect to which option rights are being exercised
      and by paying in full the option price of the shares at the time being
      acquired.  Payment may be made in cash or in shares of the
      Corporation's common stock as set forth in the terms and conditions of
      exercise.  The date of exercise shall be deemed to be the date
      of receipt of the written notice and payment for the shares being
      purchased.  The Employee shall have none of the rights of a
      stockholder with respect to shares covered by such options until the
      Employee becomes record holder of such
shares.

            

    

     

    
      	
               
      

            	
              (d)

            	
              Payment of Withholding
      Taxes.  No shares of common stock may be purchased under
      this option, unless prior to or simultaneously with such purchase, (i) the
      Participant, (ii) in the event of his death, the person succeeding to his
      rights hereunder or, (iii) in the event of a transfer of an option under
      Section 8 hereof, either the Participant, the Immediate Family Members or
      the entity succeeding to his rights hereunder, shall pay to the
      Corporation such amount as the Corporation advises is required under
      applicable federal, state or local laws to withhold and pay over to
      governmental taxing authorities by reason of the purchase of such shares
      of common stock pursuant to this option.  Other than a purchase
      of shares pursuant to an option which had previously been transferred
      under Section 8 hereof, payment of required withholding taxes may be made
      with shares of the Corporation's common stock which otherwise would be
      distributable upon exercise of the option, pursuant to the rules of the
      Committee.

            

    

     

    
      	
               3.

            	
              Nontransferability.  Except
      as may otherwise be provided by the Committee, this option shall be
      transferable only by will or by the laws of descent and distribution, and
      during the Employee's lifetime shall be exercisable only by
      him.

            

    

    

    
      	
               4.

            	
              Compliance with
      Law.  No shares of common stock may be purchased under
      this option, unless prior to the purchase thereof, the Corporation shall
      have received an opinion of counsel to the effect that the issuance and
      sale of such shares by the Corporation to the Employee will not constitute
      a violation of the Securities Act of 1933, as amended.  As a
      condition of exercise, the Employee shall, if requested by the
      Corporation, submit a written statement in form satisfactory to counsel
      for the Corporation, to the effect that any shares of common stock
      purchased upon exercise of this option will be purchased for investment
      and not with a view to the distribution thereof within the meaning of the
      Securities Act of 1933, as amended, and the Corporation shall have the
      right, in its discretion, to cause the certificates representing shares of
      common stock purchased hereunder to be appropriately legended to refer to
      such undertaking or to any legal restrictions imposed upon the
      transferability thereof by reason of such
  undertaking.

            

    

     

    
      
        	
                 
      

              	
                The
      option granted hereby is subject to the condition that if the listing,
      registration or qualification of the shares subject hereto on any
      securities exchange or under any state or federal law, or if the consent
      or approval of any regulatory body shall be necessary as a condition of,
      or in connection with, the granting of the option or
  the

              

      

    
      
        
          

           

        

         

      

      
        3

        
          

        

      

      
         

      

    

    
      
        	
                 
      

              	
                delivery
      or purchase of shares thereunder, such option may not be exercised in
      whole or in part unless and until such listing, registration,
      qualification, consent or approval shall have been effected or
      obtained.  The Corporation agrees to use its best efforts to
      obtain any such requisite listing, registration, qualification, consent or
      approval.

              

    

    
      	
               5.

            	
              No Right of Continued
      Employment.  The granting of this option does not confer
      upon the Employee any legal right to be continued in the employ of the
      Corporation or its Affiliates, and the Corporation and its Affiliates
      reserve the right to discharge the Employee whenever the interest of the
      Corporation or its Affiliates may so require without liability to the
      Corporation or its Affiliates, the Board of Directors of the Corporation
      or its Affiliates, or the Committee, except as to any rights which may be
      expressly conferred on the Employee under this
  option.

            

    

     

    
      	
               6.

            	
              Discretion of the
      Corporation, Board of Directors and the Committee.  Any
      decision made or action taken by the Corporation or by the Board of
      Directors of the Corporation or by the Committee arising out of or in
      connection with the construction, administration, interpretation and
      effect of this option shall be within the absolute discretion of the
      Corporation, the Board of Directors of the Corporation or the Committee,
      as the case may be, and shall be conclusive and binding upon all
      persons.

            

    

    

    
      	
               7.

            	
              Amendments.  The
      Committee may at any time alter or amend this option to the extent (1)
      permitted by law, (2) permitted by the rules of any stock exchange on
      which the common stock or any other security of the Corporation is listed,
      (3) permitted under applicable provisions of the Securities Act of 1933,
      as amended, the Securities Exchange Act of 1934, as amended (including
      rule 16b-3 thereof), and (4) that such action would not result in the
      disallowance of a deduction to the Corporation under section 162(m) of the
      Code or any successor section (including the rules and regulations
      promulgated thereunder).  Notwithstanding anything to the
      contrary contained herein, the Committee may not take any action that
      would result in any amount payable under this option qualifying as
      "applicable employee remuneration" as so defined for purposes of section
      162(m) of the Code.

            

    

    

    
      	
               8.

            	
              Inalienability of
      Benefits and Interest.  This option and the rights and
      privileges conferred hereby shall not be subject in any manner to
      anticipation, alienation, sale, transfer, assignment, pledge, encumbrance
      or charge, and any such attempted action shall be void and no such benefit
      or interest shall be in any manner liable for or subject to debts,
      contracts, liabilities, engagements, or torts of the
    Employee.

            

    

    

    
      	
               9.

            	
              Delaware Law to
      Govern.  All questions pertaining to the construction,
      interpretation, regulation, validity and effect of the provisions of this
      option shall be determined in accordance with the laws of the State of
      Delaware.

            

    

    

    
      	
              10.

            	
              Purchase of Common
      Stock.  The Corporation and its Affiliates may, but shall
      not be required to, purchase shares of common stock of the Corporation for
      purposes of satisfying the requirements of this option.  The
      Corporation and its Affiliates shall have no obligation to retain and
      shall have the unlimited right to sell or otherwise deal with for their
      own account, any shares of common stock of the Corporation purchased for
      satisfying the requirements of this
option.

            

    

    

    
      	
              11.

            	
              Notices.  Any
      notice to be given to the Corporation under this option shall be addressed
      to the Corporation in care of its Treasurer located at the
      World

            

    

    
      
        
          

           

        

         

      

      
        4

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              Headquarters,
      and any notice to be given to the Employee under the terms of this option
      may be addressed to him at his address as it appears on the Corporation's
      records, or at such other address as either party may hereafter designate
      in writing to the other.  Any such notice shall be deemed to
      have been duly given if and when enclosed in a properly sealed envelope or
      wrapper addressed as aforesaid, registered and deposited, postage and
      registry fee prepaid, in a post office or branch post office regularly
      maintained by the United States
Government.

            

    

    

    
      	
              12.

            	
              Changes in
      Capitalization.  In the event there are any changes in
      the common stock or the capitalization of the Corporation through a
      corporate transaction, such as any merger, any acquisition through the
      issuance of capital stock of the Corporation, any consolidation, any
      separation of the Corporation (including a spin-off or other distribution
      of stock of the Corporation), any reorganization of the Corporation
      (whether or not such reorganization comes within the definition of such
      term in section 368 of the Code), or any partial or complete liquidation
      by the Corporation, recapitalization, stock dividend, stock split or other
      change in the corporate structure, appropriate adjustments and changes
      shall be made by the Committee in (a) the number of shares and the option
      price per share of stock subject to this option, and (b) such other
      provisions of this option as may be necessary and equitable to carry out
      the foregoing purposes, provided, however that no such adjustment or
      change may be made to the extent that such adjustment or change will
      result in the disallowance of a deduction to the Corporation under section
      162(m) of the Code or any successor
section.

            

    

    

    
      	
              13.

            	
              Effect on Other
      Plans.  All benefits under this option shall constitute
      special compensation and shall not affect the level of benefits provided
      to or received by the Employee (or the Employee's estate or beneficiaries)
      as part of any employee benefit plan of the Corporation or an
      Affiliate.  This option shall not be construed to affect in any
      way the Employee's rights and obligations under any other plan maintained
      by the Corporation or an Affiliate on behalf of
  employees.

            

    

    

    
      	
              14.

            	
              Successors.  This
      option shall be binding upon and inure to the benefit of any successor or
      successors of the Corporation.

            

    

    

    
      	
              15.

            	
              Defined
      Terms.  Terms which are capitalized are defined herein or
      in the Plan and have the same meaning set forth in the Plan, unless the
      context indicates otherwise.

            

    

    

    
      	
              16.

            	
              For U.S. Employee’s
      Only.  A U.S. Employee who has not previously signed a
      noncompete agreement has until the end of the one hundred twenty (120) day
      period beginning from the date of grant of this option to sign and return
      the Noncompete Agreement provided to such Employee.  If the U.S.
      Employee does not sign and return the provided Noncompete Agreement on or
      before the end of such one hundred twenty (120) day period then the grant
      of the right and option to purchase the shares of common stock of the
      Corporation, as set forth in Section 1, shall not be binding on and shall
      be voidable by the Corporation, in which case it shall have no further
      force or effect.

            

    

    

    
      	
              17.

            	
              Acceptance of Option
      terms and conditions.  An Employee has until the end of
      the one hundred twenty (120) day period beginning from the date of grant
      of this option to accept this Option Agreement.  If the Employee
      does not accept this Option Agreement on or before the end of such one
      hundred twenty (120) day period then the grant of the right and option to
      purchase the shares of common stock of the Corporation, as
    set

            

    

    
      
        
          

           

        

         

      

      
        5

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              forth
      in Section 1, shall not be binding on and shall be voidable by the
      Corporation, in which case it shall have no further force or
      effect.

            

    

    

    
      	
               
      

            	
              Acknowledgment of
      Conditions

            

    

    

    I
understand and acknowledge the following conditions with respect to the award
granted to me under Kimberly-Clark Corporation’s 2001 Equity Participation
Plan:

    

    
      	
              ·  

            	
              The
      2001 Equity Participation Plan (the “Plan”) is discretionary in nature and
      Kimberly-Clark may cancel or terminate it at any time.  The
      grant of an option is a one-time benefit and does not create any
      contractual or other right to receive a grant of options or benefits in
      lieu of options in the future.  Future grants, if any, will be
      at the sole discretion of Kimberly-Clark, including, but not limited to,
      the timing of any grant, the number of option shares, vesting provisions
      and the exercise price.

            

    

     

    
      	
              ·  

            	
              My
      participation in the Plan is voluntary. The value of the option is an
      extraordinary item of compensation outside the scope of my employment
      contract, if any.  As such, the option is not part of normal or
      expected compensation for purposes of calculating any severance,
      resignation, redundancy, end of service payments, bonuses, long-service
      awards, pension, retirement or welfare benefits or similar payments and in
      no event shall be considered as compensation for, or relating in any way
      to, past services for the Corporation or my actual employer (the
      “Employer”).

            

    

     

    
      	
              ·  

            	
              Vesting
      of any option shares ceases upon termination of active employment for any
      reason except as may otherwise be explicitly provided in the Plan document
      and this Award Agreement, and will not be extended by any notice period
      mandated under local law (e.g., active employment would not include a
      period of “garden leave” or similar period pursuant to local law); the
      Committee shall have the exclusive discretion to determine when I am no
      longer actively employed for purposes of my this
  option.

            

    

     

    
      	
              ·  

            	
              In
      consideration of the grant of this option, no claim or entitlement to
      compensation or damages shall arise from termination of this option or
      diminution in value of this option resulting from termination of my
      employment by the Corporation or the Employer (for any reason whatsoever
      and whether or not in breach of local labor laws) and I irrevocably
      release the Corporation and the Employer from any such claim that may
      arise; if, notwithstanding the foregoing, any such claim is found by a
      court of competent jurisdiction to have arisen, then, by signing this
      Award Agreement, I shall be deemed irrevocably to have waived my
      entitlement to pursue such claim.

            

    

     

    
      	
              ·  

            	
              The
      future value of the underlying shares is unknown and cannot be predicted
      with certainty.  If the underlying shares do not increase in
      value, the option will have no value. If I exercise this option and obtain
      shares, the value of those shares acquired upon exercise may increase or
      decrease in value, even below the option
price.

            

    

     

    
      	
              ·  

            	
              Regardless
      of any action the Corporation or the Employer take with respect to any or
      all income tax, social insurance, payroll tax, payment on account or other
      tax-related withholding (“Tax-Related Items”), I acknowledge that the
      ultimate liability for all Tax-Related Items legally due by me is and
      remains my responsibility and that the Corporation and/or the Employer
      (1) make no representations or undertakings regarding the treatment
      of any Tax-Related Items in connection with any aspect of this option,
      including, but not limited to, the grant, vesting or exercise of this
      option, the subsequent

            

    

     

    
      
        
          

           

        

         

      

      
        6

        
          

        

      

      
         

      

    

    
      	
               

            	
              sale
      of shares acquired pursuant to such exercise and the receipt of any
      dividends; and (2) do not commit to structure the terms of the grant
      or any aspect of this option to reduce or eliminate my liability for
      Tax-Related Items.

            

    

     

    
      	
              ·  

            	
              Prior
      to the relevant taxable event, I shall pay or make adequate arrangements
      satisfactory to the Corporation and/or the Employer to satisfy or account
      for all Tax-Related Items. In this regard, I authorize the Corporation or
      the Employer to withhold all applicable Tax-Related Items legally payable
      by me from my wages or other cash compensation payable to me by the
      Corporation or the Employer or from any equivalent cash payment received
      pursuant to the option.  Alternatively, or in addition, if
      permissible under local law, the Corporation or the Employer may, in their
      sole discretion, (i) sell or arrange for the sale of shares to be issued
      upon exercise to satisfy Tax-Related Items, and/or (ii) withhold in
      shares, provided that the Corporation and the Employer shall withhold only
      the amount of shares necessary to satisfy the minimum withholding amount
      or any such amount as described by the Corporation not to result in
      adverse accounting consequences.  If the obligation for
      Tax-Related Items is satisfied by withholding in shares, I am deemed to
      have been issued the full number of shares subject to the option,
      notwithstanding that a number of shares is held back solely for the
      purpose of paying Tax-Related Items.  I shall pay to the
      Corporation or to the Employer any amount of Tax-Related Items that the
      Corporation or the Employer may be required to withhold as a result of my
      exercise of the option, the vesting of the option, the receipt of an
      equivalent cash payment, or the sale of shares that cannot be satisfied by
      the means previously described. The Corporation may refuse to honor the
      exercise or deliver shares to me if I fail to comply with my obligation in
      connection with the Tax-Related Items as described
  herein.

            

    

     

    
      	
              ·  

            	
              The
      Corporation is not providing any tax, legal or financial advice, nor is
      the Corporation making any recommendations regarding my participation in
      the Plan, or my acquisition or sale of the underlying shares.  I
      am hereby advised to consult with my own personal tax, legal and financial
      advisors regarding my participation in the Plan before taking any action
      related to the Plan.

            

    

     

    
      	
              ·  

            	
              Data
      Privacy.  I hereby explicitly and unambiguously consent
      to the collection, use and transfer, in electronic or other form, of my
      personal data as described in this Agreement and any other this option
      grant materials by and among, as applicable, the Employer, the Corporation
      and its subsidiaries and Affiliates for the exclusive purpose of
      implementing, administering and managing my participation in the
      Plan.

            

    

     

    
      
        
          	
                   
      

                	
                  I
      understand that the Corporation and the Employer may hold certain personal
      information about me, including, but not limited to, my name, home address
      and telephone number, date of birth, social insurance number or other
      identification number, salary, nationality, job title, any shares of stock
      or directorships held in the Corporation, details of all options or any
      other entitlement to shares of common stock awarded, canceled, exercised,
      vested, unvested or outstanding in my favor, for the exclusive purpose of
      implementing, administering and managing the Plan
  (“Data”).

                

        

        

        
          	
                   
      

                	
                  I
      understand that Data will be transferred to a broker, or such other stock
      plan service provider as may be selected by the Corporation in the future,
      which is assisting the Corporation with the implementation, administration
      and management of the Plan.  I understand that the recipients of
      the Data may be located in the United States or elsewhere, and that the
      recipients’ country (e.g., the United States)
  may

                

        

         

      

    

    
      
        
          

           

        

         

      

      
        7

        
          

        

      

      
         

      

    

    

      
        	
                 
      

              	
                have
      different data privacy laws and protections than my country.  I
      understand that I may request a list with the names and addresses of any
      potential recipients of the Data by contacting my local human resources
      representative.  I authorize the Company, the broker and any
      other possible recipients which may assist the Corporation (presently or
      in the future) with implementing, administering and managing the Plan to
      receive, possess, use, retain and transfer the Data, in electronic or
      other form, for the sole purpose of implementing, administering and
      managing my participation in the Plan.  I understand that Data
      will be held only as long as is necessary to implement, administer and
      manage my participation in the Plan.  I understand that I may,
      at any time, view Data, request additional information about the storage
      and processing of Data, require any necessary amendments to Data or refuse
      or withdraw the consents herein, in any case without cost, by contacting
      in writing my local human resources representative.  I
      understand, however, that refusing or withdrawing my consent may affect my
      ability to participate in the Plan.  For more information on the
      consequences of my refusal to consent or withdrawal of consent, I
      understand that I may contact my local human resources
      representative.

              

      

       

    

    
      	
              ·  

            	
              My
      option may not be assigned, sold, encumbered, or in any way transferred or
      alienated.

            

    

     

    
      	
              ·  

            	
              The
      Plan is governed by and subject to U.S. law.  Interpretation of
      the Plan and my rights under the Plan will be governed by provisions of
      U.S. law.  For purposes of litigating any dispute that arises
      under this grant or the Agreement, the parties hereby submit to and
      consent to the jurisdiction of the State of Delaware, U.S.A. and agree
      that such litigation shall be conducted in the federal courts for the
      United States for the Northern District of Texas, where this grant is made
      and/or to be performed.

            

    

     

    
      	
              ·  

            	
              I
      understand that I am solely responsible for obtaining/providing whatever
      exchange control approvals, permits, licenses or notices, which may be
      necessary for me to exercise my option, acquire the shares or to hold or
      sell the shares subject to the option or restricted share unit award.
      Neither Kimberly-Clark nor its Affiliates will be responsible for
      obtaining such approvals, licenses or permits, or for making any such
      notices, nor will Kimberly-Clark or its Affiliates be liable for any fines
      or penalties I may incur for failure to obtain any required approvals,
      permits or licenses or to make any required
  notices.

            

    

     

    
      	
              ·  

            	
              If
      I have received this Agreement or any other document related to the Plan
      translated into a language other than English and if the translated
      version is different than the English version, the English version will
      control, unless otherwise prescribed by local
  law.

            

    

     

    
      	
              ·  

            	
              The
      provisions of this Agreement are severable and if any one or more
      provisions are determined to be illegal or otherwise unenforceable, in
      whole or in part, the remaining provisions shall nevertheless be binding
      and enforceable.

            

    

     

    
      	
              ·  

            	
              I
      recognize that the grant of this option is not an element of my normal or
      expected compensation and I acknowledge that I have no future rights to
      option grants under this or any other plans offered by Kimberly-Clark,
      including but not limited to, upon termination of the Plan or upon
      severance of my employment.

            

    

     

    Conclusion and
Acceptance

    

    I
accept this grant via electronic signature by clicking  the "Accept"
icon and certify that I have

    
      
        
          

           

        

         

      

      
        8

        
          

        

      

      
         

      

    

    read,
understand and agree to the terms and conditions of the 2001 Equity
Participation Plan (the "Plan"), the provisions of the applicable agreements and
all other applicable documents (including any country-specific terms
applicable to my grant).  I hereby authorize my employer to
furnish Kimberly-Clark (and any agent administering the Plan or providing
recordkeeping services) with such information and data as it shall request in
order to facilitate the grant of options and enable administration of
the Plan and I understand that such information shall be used
only as long and to the extent necessary to administer my
participation in the Plan. I agree that my participation in the Plan
and the awards granted to me under the Plan will be
governed solely by provisions of U.S. law. 

    
      
        
          

           

        

         

      

      
        9

        
          

        

      

      
         

      

    

    KIMBERLY-CLARK
CORPORATION

    NONQUALIFIED
STOCK OPTION

    AWARD AGREEMENT

    

    APPENDIX
A

    

    

    This
Appendix A includes additional terms and conditions that govern this option
granted to the Employee under the Plan if the Employee resides in one of the
countries listed below.  Certain capitalized terms used but not
defined in this Appendix A have the meanings set forth in the Plan and/or the
Award Agreement.

    

    AUSTRALIA

    

    Securities
Law Notice

    

    If the
Employee acquires shares of the Corporation’s common stock pursuant to this
option and the Employee offers his or her shares of the Corporation’s common
stock for sale to a person or entity resident in Australia, the offer may be
subject to disclosure requirements under Australian law.  The Employee should obtain legal
advice on his or her disclosure obligations prior to making any such
offer.

    

    CANADA

    

    Form
of Payment

    

    Notwithstanding
anything in the Plan or the Award Agreement to the contrary, the Employee is
prohibited from surrendering shares of common stock that he or she already owns
or attesting to the ownership of shares to pay the option price or any
Tax-Related Items in connection with this option.

    

    Language
Consent

    

    The
parties acknowledge that it is their express wish that the Award Agreement, as
well as all documents, notices and legal proceedings entered into, given or
instituted pursuant hereto or relating directly or indirectly hereto, be drawn
up in English.

    

    Les
parties reconnaissent avoir exigé la rédaction en anglais de la convention,
ainsi que de tous documents exécutés, avis donnés et procédures judiciaries
intentées, directement ou indirectement, relativement à ou suite à la présente
convention.

    

    Securities
Law Notice

    

    The
Employee is permitted to sell shares acquired through the Plan through the
designated broker appointed under the Plan, if any, provided the resale of
shares acquired under the Plan takes place outside of Canada through the
facilities of a stock exchange on which the shares are listed.  The
Corporation’s shares are currently listed on New York Stock
Exchange.

    

    CHINA

    

    Method
of Exercise

     

    
      
        
          

           

        

         

      

      
        10

        
          

        

      

      
         

      

    

    Notwithstanding
anything to the contrary in the Award Agreement, due to regulatory requirements
in China, the Employee
must exercise this option using the cashless exercise method.  To
complete a full cashless exercise, the Employee should notify a licensed
securities broker acceptable to the Corporation to: (i) sell all of the shares
upon exercise; (ii) use the proceeds to pay the option
price,  brokerage fees and any applicable Tax-Related Items; and (iii)
remit the balance in cash to the Employee.  If the Employee does not
complete this procedure, the Corporation may refuse to allow the Employee to
exercise this option. The Corporation reserves the right to provide the
Employee with additional methods of exercise depending on local
developments.

     

    Repatriation
Acknowledgment and Consent

     

    The
Employee understands and agrees that due to exchange control laws in China, the
Employee will be required to immediately repatriate the cash proceeds from
the sale of shares to China.  The Employee further understand that
such repatriation of the cash proceeds may need to be effected through a special
exchange control account established by the Corporation or a parent, subsidiary
or Affiliate, and the Employee hereby consents and agrees that the cash proceeds
may be transferred to such special account prior to being delivered to the
Employee.

    

    INDIA

    

    Fringe
Benefit Tax

    

    By
accepting this option and participating in the Plan, the Employee consents and
agrees to assume any and all liability for fringe benefit tax that may be
payable by the Employee or the Employer in connection with the Plan upon
request of the Corporation and at the Corporation’s sole
discretion.  The Employee understands that the grant of this option
and participation in the Plan is contingent upon his or her agreement to assume
liability for fringe benefit tax payable on the shares of common stock acquired
under the Plan if the Corporation so requests.

    

    Further,
by accepting this option and participating in the Plan, the Employee agrees that
the Corporation and/or the Employer may collect fringe benefit tax from the
Employee by any of the means set forth in the Acknowledgment of Conditions
section of the Award Agreement or any other reasonable method established by the
Corporation.  The Employee also agrees to execute any other consents
or elections required to accomplish the foregoing, promptly upon request of the
Corporation.

    

    ITALY

    

    Method
of Exercise

    

    Notwithstanding
anything to the contrary in the Award Agreement, due to regulatory requirements
in Italy, the Employee
must exercise this option using the cashless exercise method.  To
complete a full cashless exercise, the Employee should notify a licensed
securities broker acceptable to the Corporation to: (i) sell all of the shares
upon exercise; (ii) use the proceeds to pay the option price, brokerage
fees and any applicable Tax-Related Items; and (iii) remit the balance in cash
to the Employee.  If the Employee does not complete this procedure,
the Corporation may refuse to allow the Employee to exercise this
option. The Corporation reserves the right to provide the Employee with
additional methods of exercise

     

    
      
        
          

           

        

         

      

      
        11

        
          

        

      

      
         

      

    

    depending
on local developments.

     

    Data
Privacy Notice and Consent.

    

    This
provision replaces in its entirety the data privacy in the Award
Agreement:

    

    The
Employee hereby explicitly and unambiguously consents to the collection, use,
processing and transfer, in electronic or other form, of his or her personal
data as described in this section of this Appendix A by and among, as
applicable, the Employer, the Corporation and any Affiliate for the exclusive
purpose of implementing, administering, and managing the Employee’s
participation in the Plan.

    

    The
Employee understands that the Employer, the Corporation and any Affiliate hold
certain personal information about him or her, including, but not limited to,
the Employee’s name, home address and telephone number, date of birth, social
insurance or other identification number, salary, nationality, job title, any
shares of common stock or directorships held in the Corporation or any
Affiliate, details of all options, or any other entitlement to shares of common
stock awarded, canceled, exercised, vested, unvested or outstanding in the
Employee’s favor, for the exclusive purpose of implementing, managing and
administering the Plan (“Data”).

    

    The
Employee also understands that providing the Corporation with Data is necessary
for the performance of the Plan and that his or her refusal to provide such Data
would make it impossible for the Corporation to perform its contractual
obligations and may affect the Employee’s ability to participate in the
Plan.  The Controller of personal data processing is Kimberly-Clark
Corporation  with registered offices at 351 Phelps Drive, Irving,
Texas  75038, United States of America, and, pursuant to Legislative
Decree no. 196/2003, its representative in Italy is Kimberly-Clark s.r.l. at Via
Della Rocca, 49, Torino, Italy.

    

    The
Employee understands that Data will not be publicized, but it may be transferred
to banks, other financial institutions, or brokers involved in the management
and administration of the Plan.  The Employee understands that Data
may also be transferred to the Corporation’s independent registered public
accounting firm.  The Employee further understand that the Corporation
and/or any Affiliate  will transfer Data among themselves as necessary
for the purpose of implementing, administering and managing the Employee’s
participation in the Plan, and that the Corporation and/or any Affiliate may
each further transfer Data to third parties assisting the Corporation in the
implementation, administration, and management of the Plan, including any
requisite transfer of Data to a broker or other third party with whom the
Employee may elect to deposit any shares of common stock acquired under the
Plan.  Such recipients may receive, possess, use, retain, and transfer
Data in electronic or other form, for the purposes of implementing,
administering, and managing the Employee’s participation in the
Plan.  The Employee understands that these recipients may be located
in or outside the European Economic Area, such as in the United States or
elsewhere.  Should the Corporation exercise its discretion in
suspending all necessary legal obligations connected with the management and
administration of the Plan, it will delete Data as soon as it has completed all
the necessary legal obligations connected with the management and administration
of the Plan.

    

    The
Employee understands that Data processing related to the purposes
specified

    
      
        
          

           

        

         

      

      
        12

        
          

        

      

      
         

      

    

    above
shall take place under automated or non-automated conditions, anonymously when
possible, that comply with the purposes for which Data is collected and with
confidentiality and security provisions as set forth by applicable laws and
regulations, with specific reference to Legislative Decree no.
196/2003.

    

    The
processing activity, including communication, the transfer of Data abroad,
including outside of the European Economic Area, as herein specified and
pursuant to applicable laws and regulations, does not require the Employee’s
consent thereto as the processing is necessary to performance of contractual
obligations related to implementation, administration, and management of the
Plan.  The Employee understands that, pursuant to Section 7 of the
Legislative Decree no. 196/2003, he or she has the right to, including but not
limited to, access, delete, update, correct, or terminate, for legitimate
reason, the Data processing.  Furthermore, the Employee is aware that
Data will not be used for direct marketing purposes.  In addition,
Data provided can be reviewed and questions or complaints can be addressed by
contacting the Employee’s local human resources representative.

    

    Plan
Document Acknowledgment

    

    In
accepting the grant of this option, the Employee acknowledges that he or she has
received a copy of the Plan and the Award Agreement and has reviewed the Plan
and the Award Agreement, including this Appendix A, in their entirety and fully
understands and accepts all provisions of the Plan and the Award Agreement,
including this Appendix A.

    

    The
Employee acknowledges that he or she has read and specifically and expressly
approves the following sections of the Award Agreement: Section 2(d) on Payment
of Withholding Taxes; Section 5 on No Right of Continued Employment; Section 9
on Delaware Law to Govern; the section on Acknowledgment of Conditions; and the
Data Privacy Notice and Consent section included in this Appendix
A.

    

    MEXICO

    

    Labor
Law Policy and Acknowledgment

    

    In
accepting the grant of this option, the Employee expressly recognizes that
Kimberly-Clark Corporation, with registered offices at 351 Phelps Drive, Irving,
Texas  75038, United States of America, is solely responsible for the
administration of the Plan and that the Employee’s participation in the Plan and
acquisition of shares of common stock do not constitute an employment
relationship between the Employee and the Corporation since the Employee is
participating in the Plan on a wholly commercial basis and his or her sole
Employer is Kimberly-Clark de Mexico, S.A. de C.V.  Based on the
foregoing, the Employee expressly recognizes that the Plan and the benefits that
he or she may derive from participating in the Plan do not establish any rights
between the Employee and the Employer, Kimberly-Clark de Mexico, S.A. de C.V.
and do not form part of the employment conditions and/or benefits provided by
Kimberly-Clark de Mexico, S.A. de C.V., and any modification of the Plan or its
termination shall not constitute a change or impairment of the terms and
conditions of the Employee’s employment.

    

    The
Employee further understands that his or her participation in the Plan is as a
result of a unilateral and discretionary decision of the Corporation; therefore,
Kimberly-Clark Corporation reserves the absolute right to amend and/or
discontinue the Employee’s participation at any

    
      
        
          

           

        

         

      

      
        13

        
          

        

      

      
         

      

    

    time
without any liability to the Employee.

    

    Finally,
the Employee hereby declares that he or she does not reserve to him- or herself
any action or right to bring any claim against Kimberly-Clark Corporation for
any compensation or damages regarding any provision of the Plan or the benefits
derived under the Plan, and the Employee therefore grants a full and broad
release to the Corporation,  its Affiliates, branches, representation
offices, its shareholders, officers, agents, or legal representatives with
respect to any claim that may arise.

    

    Política
Laboral y Reconocimiento/Aceptación

    

    Al aceptar el otorgamiento
de la Opción de Compra de Acciones y/o Acciones Diferidas, el Empleado
expresamente reconoce que Kimberly-Clark Corporation con oficinas registradas en
351 Phelps Drive, Irving, Texas  75038, U.S.A., es la única
responsable por la administración del Plan y que la participación del Empleado
en el Plan y en su caso la adquisición de las Opciones de Compra de Acciones o
Acciones no constituyen ni podrán interpretarse como una relación de trabajo
entre el Empleado y Kimberly-Clark Corporation, ya que el Empleado participa en
el Plan en un marco totalmente comercial y su único Patrón lo es Kimberly-Clark
de Mexico, S.A. de C.V. con domicilio en Kimberly-Clark de Mexico, S.A. de C.V.
Mexico.  Derivado de lo anterior, el Empleado expresamente reconoce
que el Plan y los beneficios que pudieran derivar de la participación en el Plan
no establecen derecho alguno entre el Empleado y el Patrón, Kimberly-Clark de
Mexico, S.A. de C.V. y no forma parte de las condiciones de trabajo y/o las
prestaciones otorgadas por Kimberly-Clark de Mexico, S.A. de C.V. y que
cualquier modificación al Plan o su terminación no constituye un cambio o
impedimento de los términos y condiciones de la relación de trabajo del
Empleado.

    

    Asimismo,
el Empleado reconoce que su participación en el Plan es resultado de una
decisión unilateral y discrecional de Kimberly-Clark Corporation por lo tanto,
Kimberly-Clark Corporation se reserva el absoluto derecho de modificar y/o
terminar la participación del Empleado en cualquier momento y sin
responsabilidad alguna frente el Empleado.

    

    Finalmente,
el Empleado por este medio declara que no se reserva derecho o acción alguna que
ejercitar en contra de Kimberly-Clark Corporation por cualquier compensación o
daño en relación con las disposiciones del Plan o de los beneficios derivados
del Plan y por lo tanto, el Empleado otorga el más amplio finiquito que en
derecho proceda a Kimberly-Clark Corporation , sus afiliadas, subsidiarias,
oficinas de representación, sus accionistas, funcionarios, agentes o
representantes legales en relación con cualquier demanda que pudiera
surgir.

    

    NEW
ZEALAND

    

    Securities
Law Notice

    

    The
Employee will receive the following documents (in addition to this Appendix A)
in connection with this option from the Corporation:

    

    
      	
              1.  

            	
              an
      Award Agreement which sets forth the terms and conditions of the option
      grant;

            

    

     

    
      	
              2.  

            	
              a
      copy of the Corporation’s most recent annual report and most recent
      financial reports have been made available to enable the Employee to make
      informed decisions concerning this option;
and

            

    

     

    
      
        
          

           

        

         

      

      
        14

        
          

        

      

      
         

      

    

    
      	
              3.  

            	
              a
      copy of the description of the Kimberly-Clark Corporation 2001 Equity
      Participation Plan (“Description”) (i.e., the Corporation’s
      Form S-8 Plan Prospectus under the U.S. Securities Act of 1933, as
      amended), and the Corporation will provide any attachments or documents
      incorporated by reference into the Description upon written
      request.  The documents incorporated by reference into the
      Description are updated periodically.  Should the Employee
      request copies of the documents incorporated by reference into the
      Description, the Corporation will provide the Employee with the most
      recent documents incorporated by
reference.

            

    

     

    RUSSIA

    

    Securities
Law Notice

    

    This
Award Agreement, the Plan and all other materials the Employee may receive
regarding participation in the Plan do not constitute advertising or an offering
of securities in Russia.  The issuance of shares of common stock under
the Plan has not and will not be registered in Russia and hence the shares
described in any Plan-related documents may not be offered or placed in public
circulation in Russia.

    

    Please
note that, under the Russian law, the Employee is not permitted to sell the
Corporation’s shares directly to other Russian individuals and the Employee is
not permitted to bring share certificates into Russia.

    

    SOUTH
AFRICA

    

    Tax
Acknowledgment

    

    By
accepting this Option, the Employee agrees to notify the Employer of the amount
of any gain realized upon exercise of this Option.  If the Employee
fails to advise the Employer of the gain realized upon exercise, the Employee
may be liable for a fine.  The Employee will be responsible for paying
any difference between the actual tax liability and the amount
withheld.

    

    If the
Employee uses cash to exercise this Option and purchase shares, rather then a
cashless exercise method, the Employee must first obtain a “Tax Clearance
Certificate (in Respect of Foreign Investment)” from the South African Reserve
Service.  The Employee must also complete a transfer of funds
application form to transfer the funds.  The Tax Clearance Certificate
should be presented to a dealer of the Exchange Control Department of the South
Africa Reserve Bank (it is likely that the Employee’s bank will qualify as such
a dealer), together with a completed application form to transfer
funds.  No transfer of funds may be completed unless the original Tax
Clearance Certificate bears the official stamp and signature of the Office of
Receiver of Revenue of the South African Reserve Service.

    

    SPAIN

    

    Labor
Law Acknowledgment

    

    By
accepting this Option, the Employee acknowledges that he or she understands and
agrees to participation in the Plan and that he or she has received a copy of
the Plan.

    

    The
Employee understands that the Corporation has unilaterally, gratuitously and
discretionally decided to grant Options under the Plan to individuals who may be
employees of

     

    
      
        
          

           

        

         

      

      
        15

        
          

        

      

      
         

      

    

    the
Corporation or its Affiliates throughout the world.  The decision is a
limited decision that is entered into upon the express assumption and condition
that any grant will not economically or otherwise bind the Corporation or any of
its Affiliates on an ongoing basis.  Consequently, the Employee
understands that any grant is given on the assumption and condition that it
shall not become a part of any employment contract (either with the Corporation
or any of its Affiliates) and shall not be considered a mandatory benefit,
salary for any purposes (including severance compensation) or any other right
whatsoever.  Further, the Employee understands and freely accepts that
there is no guarantee that any benefit whatsoever shall arise from any
gratuitous and discretionary grant since the future value of this Option and the
underlying shares is unknown and unpredictable.  In addition, the
Employee understands that this grant would not be made but for the assumptions
and conditions referred to above; thus,  the Employee understands,
acknowledges and freely accepts that should any or all of the assumptions be
mistaken or should any of the conditions not be met for any reason, then this
Option shall be null and void.

     

    UNITED
KINGDOM

    

    Tax
Acknowledgment

    

    The
following information supplements the information regarding Tax-Related Items in
the Acknowledgment of Conditions section of the Award Agreement:

    

    If
payment or withholding of the income tax due is not made within 90 days of the
event giving rise to the Tax-Related Items or such other period specified in
section 222(1)(c) of the U.K. Income Tax (Earnings and Pensions) Act 2003 (the
“Due Date”), the amount of any uncollected Tax-Related Items shall constitute a
loan owed by the Employee to the Employer, effective on the Due
Date.  The Employee agrees that the loan will bear interest at the
then-current Her Majesty’s Revenue and Customs (“HMRC”) official rate; it will
be immediately due and repayable.  Notwithstanding the foregoing, if
the Employee is an officer or executive director (as within the meaning of
Section 13(k) of the U.S. Securities and Exchange Act of 1934, as amended), the
terms of this provision will not apply to the Employee.  In the event
that the Employee is an officer or director, as defined above, and Tax-Related
Items are not collected from or paid by the Employee by the Due Date, the amount
of any uncollected Tax-Related Items may constitute a benefit to the Employee on
which additional income tax and National Insurance Contributions may be
payable.   The Employee acknowledges the Corporation or the
Employer may recover it at any time thereafter by any of the means referred to
in the Award Agreement.  The Employee authorizes the Corporation
to withhold the transfer of any shares unless and until the loan is repaid in
full.

    

    VIETNAM

    

    Method
of Exercise

    

    Notwithstanding
anything to the contrary in the Award Agreement, due to regulatory requirements
in Vietnam, the Employee
must exercise this Option using the cashless exercise method.  To
complete a full cashless exercise, the Employee should notify a licensed
securities broker acceptable to the Corporation to: (i) sell all of the shares
upon exercise; (ii) use the proceeds to pay the option
price,  brokerage fees and any applicable Tax-Related Items; and (iii)
remit the balance in cash to the Employee.  If the Employee does not
complete this procedure, the Corporation may refuse to allow the Employee to
exercise this Option. The Corporation reserves the right to provide the
Employee with additional methods of exercise

     

    
      
        
          

           

        

         

      

      
        16

        
          

        

      

      
         

      

    

    depending
on local developments.

     

    Repatriation
Acknowledgment and Consent

     

    The
Employee understands and agrees that due to exchange control laws in Vietnam,
the Employee will be required to immediately repatriate the cash proceeds
from the sale of shares to Vietnam. The Employee further understand that
such repatriation of the cash proceeds may need to be effected through a special
exchange control account established by the Corporation or a parent, subsidiary
or Affiliate, and the Employee hereby consents and agrees that the cash proceeds
may be transferred to such special account prior to being delivered to the
Employee.

    

    

    
      
        
          

           

        

         

      

      
        17

        
          

        

      

      
         

      

    

    KIMBERLY-CLARK
CORPORATION

    TIME-VESTED
RESTRICTED SHARE UNIT

    ____
AWARD AGREEMENT

    

    

    This
Award, granted this ____ day of _____, ____, by Kimberly-Clark Corporation, a
Delaware corporation (hereinafter called the "Corporation"), subject to the
terms and conditions of the 2001 Equity Participation Plan (the “Plan”) and the
Award Agreement, including any country-specific terms contained in
Appendix A to this Award Agreement.

    W I T N E S S E T H:

    

    WHEREAS,
the Corporation has adopted the 2001 Equity Participation Plan (the "Plan") to
encourage those employees who materially contribute, by managerial, scientific
or other innovative means, to the success of the Corporation or of an Affiliate,
to acquire an ownership interest in the Corporation, thereby increasing their
motivation for and interest in the Corporation's or the Affiliate's long-term
success;

    

    NOW,
THEREFORE, it is agreed as follows:

    

    
      	
               1.

            	
              Number of Share Units
      Granted.  The Corporation hereby grants to the Employee
      the right to receive _________ Time-Vested Restricted Share Units of the
      $1.25 par value common stock of the Corporation, subject to the terms,
      conditions and restrictions set forth herein and in the
    Plan.

            

    

    

     2.           Transferability
Restrictions.

    

    
      	
               
      

            	
              (a)

            	
              Restricted
      Period.  During the Restricted Period, the Employee may
      not sell, assign, transfer, or otherwise dispose of, or mortgage, pledge
      or otherwise encumber the Award.  The Restricted Share Units
      shall be subject to forfeiture until the Employee becomes vested in such
      Awards according to the following
schedule:

            

    

     

    
      
        	
                 
      

              	
                33%
      of the Restricted Share Units shall vest on
  ______________

              

      

      
        	
                 
      

              	
                33%
      of the Restricted Share Units shall vest on
  ______________

              

      

      
        	
                 
      

              	
                34%
      of the Restricted Share Units shall vest on
  ______________

              

      

      

      
        	
                 
      

              	
                The
      Restricted Period shall begin on the date of the granting of this Award,
      and shall end upon the vesting of the Award according to the schedule set
      forth above.  Holders of Awards shall have none of the rights of
      a shareholder with respect to such shares including, but not limited to,
      any right to receive dividends in cash or other property or other
      distribution or rights in respect of such shares except as otherwise
      provided in this Agreement, nor to vote such shares as the record owner
      thereof.

              

      

      

      
        	
                 
      

              	
                Holders
      of Restricted Share Units shall have none of the rights of a shareholder
      with respect to such shares.  For example, holders of Restricted
      Share Units

              

      

    
      
        
          

           

        

         

      

      
        1

        
          

        

      

      
         

      

    

     

    
      
        	
                 
      

              	
                shall
      not have any right to receive dividends in cash or other property or other
      distribution or rights in respect of such shares, nor to vote such shares
      as the record owner thereof.  During the Restricted Period, the
      Employee will be credited with dividends, equivalent in value to those
      declared and paid on shares of Common Stock, on all Restricted Share Units
      granted under this Award.  These dividends will be regarded as
      having been reinvested in Restricted Share Units on the date of the Common
      Stock dividend payments based on the then Fair Market Value of the Common
      Stock thereby increasing the number of Restricted Share Units held by the
      Employee.  The Corporation shall not be required to segregate
      any cash or other property of the Corporation.  Any amounts
      which become payable to an Employee shall be paid from the general assets
      of the Corporation.

              

      

    
      	
               
      

            	
              (b)

            	
              Termination of
      Employment.  Employee shall forfeit any unvested Award
      upon termination of employment unless such termination (i) is due to a
      Qualified Termination of Employment, or (ii) if more than six months after
      the date of grant, due to death, Total and Permanent Disability, or the
      shutdown or divestiture of a business unit.  A termination of
      employment shall not be deemed to have occurred while an Employee is on
      military leave or other bona fide leave of absence if the period of such
      leave does not exceed six months, or if longer, so long as the Employee
      retains a right to reemployment with the Corporation or an Affiliate under
      an applicable statute or by contract.  For purposes of this
      subparagraph, a leave of absence constitutes a bona fide leave of absence
      only if there is a reasonable expectation that the Employee will return to
      perform services for the Corporation or an Affiliate.  If the
      period of leave exceeds six months and the Employee does not retain a
      right to reemployment under an applicable statute or by contract, the
      employment relationship is deemed to terminate on the first date
      immediately following such six-month period.  Notwithstanding
      the foregoing sentence, where a leave of absence is due to any medically
      determinable physical or mental impairment that can be expected to result
      in death or can be expected to last for a continuous period of not less
      than six months, where such impairment causes the Employee to be unable to
      perform the duties of his or her position of employment or any
      substantially similar position of employment, a 29-month period of absence
      is substituted for such six-month period in determining whether a
      termination of employment shall be deemed to have occurred.  A
      termination of employment with the Corporation or an Affiliate to accept
      immediate reemployment with the Corporation or an Affiliate likewise shall
      not be deemed to be a termination of employment for purposes of the
      Plan.  An Employee who is classified as an intermittent employee
      shall be deemed to have a termination of employment for purposes of the
      Plan.  Notwithstanding anything in this Plan to the contrary, a
      termination of employment with respect to any Restricted Share Units that
      are required to meet the requirements of Section 409A of the Code and the
      regulations thereunder shall not be deemed to be a termination of
      employment for purposes of the Plan if it is anticipated that the level of
      bona fide services the Employee would perform after such date would
      continue at a rate equal to more than 20 percent of the average level of
      bona fide services performed over the immediately preceding 36-month
      period (or the full period of services to the Corporation or an Affiliate
      if the Employee has been providing such services less than 36
      months).

            

    

    
      
        
          

           

          

           

           

        

         

      

      
        2

        
          

        

      

      
         

      

    

    

    
      	
               
      

            	
              (c)

            	
              Death or Total and
      Permanent Disability.  In the event that more than six
      months after the date of grant the Employee’s termination of employment is
      due to death or Total and Permanent Disability, it shall result in pro
      rata vesting, as determined by the Committee, and the number of shares
      that are considered to vest shall be prorated for the number of full
      months of employment during the Restricted Period prior to the
      Participant’s termination of employment, and shall be paid within 90 days
      following the Participant’s termination of
  employment.

            

    

    

    
      	
               
      

            	
              (d)

            	
              Shutdown or
      Divestiture.  In the event that more than six months
      after the date of grant the Employee’s termination of employment is due to
      the shutdown or divestiture of the Corporation’s or its Affiliate’s
      business it shall result in pro rata vesting, as determined by the
      Committee, and the number of shares that are considered to vest shall be
      determined at the end of the Restricted Period, prorated for the number of
      full years of employment during the Restricted Period prior to the
      Participant’s termination of employment, and shall be paid within 90 days
      following the end of the Restricted
Period.

            

    

    

    
      	
               
      

            	
              (e)

            	
              Qualified Termination
      of Employment.  In the event of a Qualified Termination
      of Employment all restrictions will lapse and the shares will become fully
      vested and shall be paid within 10 days following the last day of
      employment of the Employee with the
Corporation.

            

    

     

    
      
        	
                 
      

              	
                (f)

              	
                Payment of
      Awards.  The payment of the Award shall be made in shares
      of Common Stock.  Except as may otherwise be provided in
      subparagraph 2(e), the payment of an Award shall be made within 70 days
      following the date of vesting of the Award under the previous
      subparagraphs.

              

      

    

    

    
      	
               
      

            	
              (g)

            	
              Payment of Withholding
      Taxes.  No shares of Common Stock, nor any cash payment,
      may be delivered under this Award, unless prior to or simultaneously with
      such issuance, the Employee or, in the event of his death, the person
      succeeding to his rights hereunder, shall pay to the Corporation such
      amount as the Corporation advises is required under applicable federal,
      state or local laws to withhold and pay over to governmental taxing
      authorities by reason of the delivery of such shares of Common Stock and
      any cash payment pursuant to this Award.  The Corporation may,
      in its discretion, withhold payment of required withholding taxes with
      cash or shares of Common Stock which otherwise would be delivered
      following the date of vesting of the Award under this paragraph
      2.

            

    

    

    
      	
               3.

            	
              Nontransferability.
      Neither the Award nor the Employee’s right to receive payment for vested
      Awards may be assigned or transferred except upon the death of the
      Employee (i) by will, (ii) by the laws of descent and distribution or
      (iii) pursuant to a designation
by

            

    

    
      
        
          

           

          

           

           

        

         

      

      
        3

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              the
      Employee of a beneficiary or beneficiaries, provided that no such
      designation shall be effective unless filed with the Committee prior to
      the death of such Employee.

            

    

    

    
      	
               4.

            	
              Compliance with
      Law.  No payment may be made under this Award, unless
      prior to the issuance thereof, the Corporation shall have received an
      opinion of counsel to the effect that this Award by the Corporation to the
      Employee will not constitute a violation of the Securities Act of 1933, as
      amended.  As a condition of this Award, the Employee shall, if
      requested by the Corporation, submit a written statement in form
      satisfactory to counsel for the Corporation, to the effect that any shares
      received under this Award shall be for investment and not with a view to
      the distribution thereof within the meaning of the Securities Act of 1933,
      as amended, and the Corporation shall have the right, in its discretion,
      to cause the certificates representing shares hereunder to be
      appropriately legended to refer to such undertaking or to any legal
      restrictions imposed upon the transferability thereof by reason of such
      undertaking.

            

    

     

    
      
        	
                 
      

              	
                The
      Award granted hereby is subject to the condition that if the listing,
      registration or qualification of the shares subject hereto on any
      securities exchange or under any state or federal law, or if the consent
      or approval of any regulatory body shall be necessary as a condition of,
      or in connection with, the granting of the Award or the delivery of shares
      thereunder, such shares may not be delivered unless and until such
      listing, registration, qualification, consent or approval shall have been
      effected or obtained.  The Corporation agrees to use its best
      efforts to obtain any such requisite listing, registration, qualification,
      consent or approval.

              

      

      

      
        	
                 
      

              	
                The
      Employee is solely responsible for obtaining/providing whatever exchange
      control approvals, permits, licenses, or notices, which may be necessary
      for the Employee to hold the Award, or to receive any payment of cash or
      shares or to hold or sell the shares subject to the Award, if
      any.  Neither Kimberly-Clark nor its Affiliates will be
      responsible for obtaining any such approvals, licenses or permits, or for
      making any such notices, nor will the Corporation nor its Affiliates be
      liable for any fines or penalties the Employee may incur for failure to
      obtain any required approvals, permits or licenses or to make any required
      notices.

              

      

    
      	
               5.

            	
              No Right of Continued
      Employment.  The granting of this Award does not confer
      upon the Employee any legal right to be continued in the employ of the
      Corporation or its Affiliates, and the Corporation and its Affiliates
      reserve the right to discharge the Employee whenever the interest of the
      Corporation or its Affiliates may so require without liability to the
      Corporation or its Affiliates, the Board of Directors of the Corporation
      or its Affiliates, or the Committee, except as to any rights which may be
      expressly conferred on the Employee under this
  Award.

            

    

    

    
      	
               6.

            	
              Discretion of the
      Corporation, Board of Directors and the Committee.  Any
      decision made or action taken by the Corporation or by the Board of
      Directors of the Corporation or by the Committee arising out of or in
      connection with the construction, administration, interpretation and
      effect of this Award shall be within the absolute discretion of the
      Corporation, the Board of Directors of the Corporation or the Committee,
      as the case may be, and shall be conclusive and binding upon all
      persons.

            

    

    

    
      	
               7.

            	
              Inalienability of
      Benefits and Interest.  This Award and the rights and
      privileges conferred hereby shall not be subject in any manner to
      anticipation, alienation, sale,

            

    

    
      
        
          

           

          

           

           

        

         

      

      
        4

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              transfer,
      assignment, pledge, encumbrance or charge, and any such attempted action
      shall be void and no such benefit or interest shall be in any manner
      liable for or subject to debts, contracts, liabilities, engagements, or
      torts of the Employee.

            

    

    

    
      	
               8.

            	
              Delaware Law to
      Govern.  The Plan is governed by and subject to the laws
      of the United States of America.  All questions pertaining to
      the construction, interpretation, regulation, validity and effect of the
      provisions of this Award and any rights under the Plan shall be determined
      in accordance with the laws of the State of
  Delaware.

            

    

    

    
      	
               9.

            	
              Purchase of Common
      Stock.  The Corporation and its Affiliates may, but shall
      not be required to, purchase shares of Common Stock of the Corporation for
      purposes of satisfying the requirements of this Award.  The
      Corporation and its Affiliates shall have no obligation to retain and
      shall have the unlimited right to sell or otherwise deal with for their
      own account, any shares of common stock of the Corporation purchased for
      satisfying the requirements of this
Award.

            

    

    

    
      	
              10.

            	
              Notices.  Any
      notice to be given to the Corporation under this Award shall be addressed
      to the Corporation in care of its Director of Compensation located at the
      World Headquarters, and any notice to be given to the Employee under the
      terms of this Award may be addressed to him at his address as it appears
      on the Corporation's records, or at such other address as either party may
      hereafter designate in writing to the other.  Any such notice
      shall be deemed to have been duly given if and when enclosed in a properly
      sealed envelope or wrapper addressed as aforesaid, registered and
      deposited, postage and registry fee prepaid, in a post office or branch
      post office regularly maintained by the United States
      Government.

            

    

    

    
      	
              11.

            	
              Changes in
      Capitalization.  In the event there are any changes in
      the common stock or the capitalization of the Corporation through a
      corporate transaction, such as any merger, any acquisition through the
      issuance of capital stock of the Corporation, any consolidation, any
      separation of the Corporation (including a spin-off or other distribution
      of stock of the Corporation), any reorganization of the Corporation
      (whether or not such reorganization comes within the definition of such
      term in section 368 of the Code), or any partial or complete liquidation
      by the Corporation, recapitalization, stock dividend, stock split or other
      change in the corporate structure, appropriate adjustments and changes
      shall be made by the Committee in (a) the number of shares subject to this
      Award, and (b) such other provisions of this Award as may be necessary and
      equitable to carry out the foregoing
purposes.

            

    

    

    
      	
              12.

            	
              Effect on Other
      Plans.  All benefits under this Award shall constitute
      special compensation and shall not affect the level of benefits provided
      to or received by the Employee (or the Employee's estate or beneficiaries)
      as part of any employee benefit plan of the Corporation or an
      Affiliate.  This Award shall not be construed to affect in any
      way the Employee's rights and obligations under any other plan maintained
      by the Corporation or an Affiliate on behalf of
  employees.

            

    

    

    
      	
              13.

            	
              Discretionary Nature
      of Award.  The grant of an Award is a one-time benefit
      and does not create any contractual or other right to receive a grant of
      Awards or benefits in lieu of Awards in the future.  Future
      grants, if any, will be at the sole discretion of Kimberly-Clark,
      including, but not limited to, the timing of any grant, the number of
      Restricted Share Units and vesting provisions.  The value of the
      Award is an

            

    

    
      
        
          

           

          

           

           

        

         

      

      
        5

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              extraordinary
      item of compensation outside the scope of the Employee’s employment
      contract, if any.  As such, the Award is not part of normal or
      expected compensation for purposes of calculating any severance,
      resignation, redundancy, end of service payments, bonuses, long-service
      awards, pension or retirement benefits or similar
  payments.

            

    

    

    
      	
              14.

            	
              Data
      Privacy.  The Employee hereby authorizes their employer
      to furnish Kimberly-Clark (and any agent of Kimberly-Clark administering
      the Plan or providing Plan recordkeeping services) with such information
      and data as it shall request in order to facilitate the grant of Awards
      and administration of the Plan and the Employee waives any data privacy
      rights such Employee might otherwise have with respect to such
      information.

            

    

    

    
      	
              15.

            	
              Conflict with
      Plan.  This Award is awarded pursuant to and subject to
      the Plan.  This Agreement is intended to supplement and carry
      out the terms of the Plan.  It is subject to all terms and
      provisions of the Plan and, in the event of a conflict, the Plan shall
      prevail.

            

    

    

    
      	
              16.

            	
              Successors.  This
      Award shall be binding upon and inure to the benefit of any successor or
      successors of the Corporation.

            

    

    

    
      	
              17.

            	
              Amendments.  The
      Committee may at any time alter or amend this Award to the extent (1)
      permitted by law, (2) permitted by the rules of any stock exchange on
      which the common stock or any other security of the Corporation is listed,
      and (3) permitted under applicable provisions of the Securities Act of
      1933, as amended, the Securities Exchange Act of 1934, as amended
      (including rule 16b-3 thereof).

            

    

    

    
      	
              18.

            	
              Defined
      Terms.  Terms which are capitalized are defined herein or
      in the Plan and have the same meaning set forth in the Plan, unless the
      context indicates otherwise.

            

    

    

    
      	
              19.

            	
              For U.S. Employee’s
      Only.  A U.S. Employee who has not previously signed a
      noncompete agreement has until the end of the one hundred twenty (120) day
      period beginning from the date of grant of this Award to sign and return
      the Noncompete Agreement provided to such Employee.  If the U.S.
      Employee does not sign and return the provided Noncompete Agreement on or
      before the end of such one hundred twenty (120) day period then the grant
      of the Award, as set forth in Section 1, shall not be binding on and shall
      be voidable by the Corporation, in which case it shall have no further
      force or effect.

            

    

    

    
      	
              20.

            	
              Acceptance of Award
      terms and conditions.  An Employee has until the end of
      the one hundred twenty (120) day period beginning from the date of grant
      of this Award to accept this Award Agreement.  If the Employee
      does not accept this Award Agreement on or before the end of such one
      hundred twenty (120) day period then the grant of the Award, as set forth
      in Section 1, shall not be binding on and shall be voidable by the
      Corporation, in which case it shall have no further force or
      effect.

            

    

    

    
      	
               
      

            	
              Acknowledgment of
      Conditions

            

    

    

    I
understand and acknowledge the following conditions with respect to the Award
granted to me under Kimberly-Clark Corporation’s 2001 Equity Participation
Plan:

    
      
        
          

           

          

           

           

        

         

      

      
        6

        
          

        

      

      
         

      

    

    

    
      	
              ·  

            	
              The
      2001 Equity Participation Plan (the “Plan”) is discretionary in nature and
      Kimberly-Clark may cancel or terminate it at any time.  The
      grant of an Award is a one-time benefit and does not create any
      contractual or other right to receive an Award or benefits in lieu of an
      Award in the future.  Future grants, if any, will be at the sole
      discretion of Kimberly-Clark, including, but not limited to, the timing of
      any grant, the number of Awards, vesting provisions and the exercise
      price.

            

    

     

    
      	
              ·  

            	
              My
      participation in the Plan is voluntary. The value of the Award is an
      extraordinary item of compensation outside the scope of my employment
      contract, if any.  As such, the restricted share unit award is
      not part of normal or expected compensation for purposes of calculating
      any severance, resignation, redundancy, end of service payments, bonuses,
      long-service awards, pension, retirement or welfare benefits or similar
      payments and in no event shall be considered as compensation for, or
      relating in any way to, past services for Kimberly-Clark as my actual
      employer (the “Employer”).

            

    

     

    
      	
              ·  

            	
              The
      future value of the underlying shares is unknown and cannot be predicted
      with certainty.  If the underlying shares do not increase in
      value, the Award will have no
value.

            

    

     

    
      	
              ·  

            	
              In
      consideration of the grant of the Award, no claim or entitlement to
      compensation or damages shall arise from termination of the Award, and no
      claim or entitlement to compensation or damages shall arise from any
      diminution in value of the RSUs or shares received upon vesting of RSUs
      resulting from termination of my employment by the Corporation or the
      Employer (for any reason whatsoever and whether or not in breach of local
      labor laws) and I irrevocably release the Corporation and the Employer
      from any such claim that may arise; if, notwithstanding the foregoing, any
      such claim is found by a court of competent jurisdiction to have arisen,
      then, by accepting this Award Agreement, I shall be deemed irrevocably to
      have waived any entitlement to pursue such
  claim.

            

    

     

    
      	
              ·  

            	
              In
      the event of termination of my employment (whether or not in breach of
      local labor laws and except as otherwise explicitly provided in the Award
      Agreement of the Plan), my right to receive RSUs and vest under the Plan,
      if any, will terminate effective as of the date that I am no longer
      actively employed and will not be extended by any notice period mandated
      under local law (e.g., active employment
      would not include a period of “garden leave” or similar period pursuant to
      local law); the Committee shall have the exclusive discretion to determine
      when I am no longer actively employed for purposes of the
      Award.

            

    

     

    
      	
              ·  

            	
              The
      Corporation is not providing any tax, legal or financial advice, nor is
      the Corporation making any recommendations regarding participation in the
      Plan.  Further, I have been advised to consult with my own
      advisors regarding participation in the Plan before taking any action
      related to the Plan.

            

    

     

    
      	
              ·  

            	
              Regardless
      of any action the Corporation or the Employer takes with respect to
      any or all income tax (including federal, state and local taxes), social
      insurance, payroll tax, payment on account or other tax-related
      withholding (“Tax-Related Items”), I acknowledge that the ultimate
      liability for all Tax-Related Items legally due by me and remains my
      responsibility and that the Corporation and/or the Employer (i) make
      no representations or undertakings regarding the treatment of any
      Tax-Related Items in connection with any aspect of the Award, including
      the grant of the RSUs, the vesting of RSUs, the conversion of the RSUs
      into shares or the receipt of an equivalent cash payment, the subsequent
      sale of any

            

    

    
      
        
          

           

          

           

           

        

         

      

      
        7

        
          

        

      

      
         

      

    

     

    
      	
                

            	
              shares
      acquired at vesting and the receipt of any dividends; and (ii) do not
      commit to structure the terms of the grant or any aspect of the Award to
      reduce or eliminate the my liability for Tax-Related
  Items.

            

    

     

    
      	
              ·  

            	
              Prior
      to the relevant taxable event, I shall pay, or make adequate arrangements
      satisfactory to the Corporation or to the Employer (in their sole
      discretion) to satisfy all Tax-Related Items.  In this regard, I
      authorize the Corporation or the Employer to withhold all applicable
      Tax-Related Items legally payable by me from my wages or other cash
      compensation payable to me by the Corporation or the Employer or from any
      equivalent cash payment received pursuant to the
      RSUs.  Alternatively, or in addition, if permissible under local
      law, the Corporation or the Employer may, in their sole discretion, (i)
      sell or arrange for the sale of shares to be issued pursuant to the RSUs
      to satisfy Tax-Related Items, and/or (ii) withhold in shares, provided
      that the Corporation and the Employer shall withhold only the amount of
      shares necessary to satisfy the minimum withholding amount or any such
      amount as described by the Corporation not to result in adverse accounting
      consequences.  If the obligation for Tax-Related Items is
      satisfied by withholding in shares, I am deemed to have been issued the
      full number of shares subject to the Award, notwithstanding that a number
      of shares is held back solely for the purpose of paying Tax-Related
      Items.  I shall pay to the Corporation or to the Employer any
      amount of Tax-Related Items that the Corporation or the Employer may be
      required to withhold as a result of my receipt of RSUs, the vesting of
      PSUs, the receipt of an equivalent cash payment, or the conversion of
      vested RSUs to shares that cannot be satisfied by the means previously
      described.  The Corporation may refuse to deliver shares to me
      if I fail to comply with my obligation in connection with the Tax-Related
      Items as described herein.

            

    

     

    
      	
              ·  

            	
              I
      hereby explicitly and unambiguously consent to the collection, use and
      transfer, in electronic or other form, of my personal data as described in
      this Award Agreement by and among, as applicable, my Employer, the
      Corporation, and its Affiliates for the exclusive purpose of implementing,
      administering and managing my participation in the
  Plan.

            

    

     

    
      	
              ·  

            	
              I
      understand that the Corporation and my Employer may hold certain
      personal information about me, including, but not limited to, my name,
      home address and telephone number, date of birth, social insurance number
      or other identification number, salary, nationality, job title, any shares
      of common stock or directorships held in the Corporation, details of all
      Awards or any other entitlement to shares awarded, canceled, vested,
      unvested or outstanding in my favor, for the purpose of implementing,
      administering and managing the Plan (“Data”).  I understand that
      Data may be transferred to any third parties assisting in the
      implementation, administration and management of the Plan, that these
      recipients may be located in my country, or elsewhere, and that my country
      may have different data privacy laws and protections than my
      country.  I understand that I may request a list with the names
      and addresses of any potential recipients of the Data by contacting my
      local human resources representative.  I authorize the
      recipients to receive, possess, use, retain and transfer the Data, in
      electronic or other form, for the purposes of implementing, administering
      and managing my participation in the Plan, including any requisite
      transfer of such Data as may be required to a broker, escrow agent or
      other third party with whom the shares received upon vesting of the RSUs
      may be deposited.  I understand that Data will be held only as
      long as is necessary to

            

    

    
      
        
          

           

          

           

           

        

         

      

      
        8

        
          

        

      

      
         

      

    

     

    
      	
                

            	
              implement,
      administer and manage my participation in the Plan.  I
      understand that I may, at any time, view Data, request additional
      information about the storage and processing of Data, require any
      necessary amendments to Data or refuse or withdraw the consents herein, in
      any case without cost, by contacting in writing my local human resources
      representative.  I understand that refusal or withdrawal of
      consent may affect my ability to participate in the Plan.  For
      more information on the consequences of my refusal to consent or
      withdrawal of consent, I understand that I may contact my local human
      resources representative.

            

    

     

    
      	
              ·  

            	
              My
      Award may not be assigned, sold, encumbered, or in any way transferred or
      alienated.

            

    

     

    
      	
              ·  

            	
              The
      Plan is governed by and subject to U.S. law.  Interpretation of
      the Plan and my rights under the Plan will be governed by provisions of
      U.S. law.  For purposes of litigating any dispute that arises
      under this Award or Award Agreement, the parties submit to and consent to
      the jurisdiction of the State of Delaware, and agree that such litigation
      shall be conducted in the federal courts for the United States for the
      Northern District of Texas and no other
courts.

            

    

     

    
      	
              ·  

            	
              I
      understand that I am solely responsible for obtaining/providing whatever
      exchange control approvals, permits, licenses or notices, which may be
      necessary for my Award, to acquire the shares or to hold or sell the
      shares subject to the RSU award. Neither Kimberly-Clark nor its Affiliates
      will be responsible for obtaining such approvals, licenses or permits, or
      for making any such notices, nor will Kimberly-Clark or its Affiliates be
      liable for any fines or penalties I may incur for failure to obtain any
      required approvals, permits or licenses or to make any required
      notices.

            

    

     

    
      	
              ·  

            	
              If
      one or more of the provisions of this Award Agreement shall be held
      invalid, illegal or unenforceable in any respect, the validity, legality
      and enforceability of the remaining provisions shall not in any way be
      affected or impaired thereby and the invalid, illegal or unenforceable
      provisions shall be deemed null and void; however, to the extent
      permissible by law, any provisions which could be deemed null and void
      shall first be construed, interpreted or revised retroactively to permit
      this Award Agreement to be construed so as to foster the intent of this
      Award Agreement and the Plan.

            

    

     

    
      	
              ·  

            	
              If
      I have received this Award Agreement or any other document related to the
      Plan translated into a language other than English and if the translated
      version is different than the English version, the English version will
      control.

            

    

     

    
      	
              ·  

            	
              I
      recognize that the grant of this restricted share unit award is not an
      element of my normal or expected compensation and I acknowledge that I
      have no future rights to Awards under this or any other plans offered by
      Kimberly-Clark, including but not limited to, upon termination of the Plan
      or upon severance of my employment.

            

    

    

    
      
        
          

           

          

           

           

        

         

      

      
        9

        
          

        

      

      
         

      

    

    

    Conclusion and
Acceptance

    

    

    IN
WITNESS WHEREOF, the Corporation has caused this Award to be executed in its
behalf by its Chairman of the Board of Directors and Chief Executive Officer as
of the day and year first above written, which is the date of this
Award.

    

    

    KIMBERLY-CLARK CORPORATION

    

    

    By:                                                      

    Title:  Chairman of the Board and

             
Chief Executive Officer

    

    

    I
acknowledge receipt of a copy of the Plan and the Attachments to this Agreement,
a copy of which was annexed hereto, and represent that I am familiar with the
terms and provisions thereof.  I hereby accept this Award subject to
all the terms and provisions of the Plan and this Agreement including its
Attachments (including any country-specific terms applicable to my
grant).  I hereby agree to accept as binding, conclusive, and final
all decisions and interpretations of the Board of Directors and the Committee,
upon any questions arising under the Plan. I acknowledge that I have no future
rights to Award grants under this or any plans offered by the employer,
including but not limited to, upon termination of the Plan or upon severance of
my employment.  As a condition of this Award, I authorize the
Corporation to withhold and pay over to governmental taxing authorities in
accordance with applicable federal, state or local laws any taxes required to be
withheld as a result of this Award. I hereby authorize my employer to
furnish Kimberly-Clark (and any agent administering the Plan or providing
recordkeeping services) with such information and data as it shall request in
order to facilitate the grant of Awards and enable administration of
the Plan and I understand that such information shall be used
only as long and to the extent necessary to administer my
participation in the Plan. I agree that my participation in the Plan
and the Awards granted to me under the Plan will be
governed solely by provisions of U.S. law. 

    

    

    

    __________________________________

    EMPLOYEE

    
      
        
          

           

          

           

           

        

         

      

      
        10

        
          

        

      

      
         

      

    

    KIMBERLY-CLARK
CORPORATION

    TIME-VESTED
RESTRICTED SHARE UNIT

    AWARD AGREEMENT

    

    APPENDIX
A

    

    

    This
Appendix A includes additional terms and conditions that govern the Award
granted to the Employee under the Plan if the Employee resides in one of the
countries listed below.  Certain capitalized terms used but not
defined in this Appendix A have the meanings set forth in the Plan and/or the
Award Agreement.

    

    AUSTRALIA

    

    Securities
Law Notice

    

    If the
Employee acquires shares of the Corporation’s common stock pursuant to this
Award and the Employee offers his or her shares of the Corporation’s common
stock for sale to a person or entity resident in Australia, the offer may be
subject to disclosure requirements under Australian law.  The Employee should obtain legal
advice on his or her disclosure obligations prior to making any such
offer.

    

    Award
Payable Only in Shares

    

    Notwithstanding
any discretion contained in the Plan, or any provision in the Award Agreement to
the contrary, Awards granted to Employees in Australia shall be paid in shares
of the Corporation’s common stock only and do not provide any right for Employee
to receive a cash payment.

    

    CANADA

    

    Award
Payable Only in Shares

    

    Notwithstanding
any discretion contained in the Plan, or any provision in the Award Agreement to
the contrary, Awards granted to Employees in Canada shall be paid in shares of
the Corporation common stock only and do not provide any right for Employee to
receive a cash payment.

    

    Language
Consent

    

    The
parties acknowledge that it is their express wish that the Award Agreement, as
well as all documents, notices and legal proceedings entered into, given or
instituted pursuant hereto or relating directly or indirectly hereto, be drawn
up in English.

    

    Les
parties reconnaissent avoir exigé la rédaction en anglais de la convention,
ainsi que de tous documents exécutés, avis donnés et procédures judiciaries
intentées, directement ou indirectement, relativement à ou suite à la présente
convention.

    

    Securities
Law Notice

    
      
        
          

           

          

           

           

        

         

      

      
        11

        
          

        

      

      
         

      

    

    The
Employee is permitted to sell shares acquired through the Plan through the
designated broker appointed under the Plan, if any, provided the resale of
shares acquired under the Plan takes place outside of Canada through the
facilities of a stock exchange on which the shares are listed.  The
Corporation’s shares are currently listed on New York Stock
Exchange.

    

    CHINA

    

    Exchange
Control Notice

     

    Notwithstanding
anything to the contrary in the Award Agreement, due to regulatory requirements
in China, the Corporation reserves the right to force the Employee to
immediately sell all of the shares upon vesting of the Award, upon notice to the
Employee.

     

    The
Employee understands and agrees that due to exchange control laws in China, the
Employee will be required to immediately repatriate the cash proceeds from
the sale of shares to China.   The Employee further understand that
such repatriation of the cash proceeds may need to be effected through a special
exchange control account established by the Corporation or a parent, subsidiary
or Affiliate, and the Employee hereby consents and agrees that the cash proceeds
may be transferred to such special account prior to being delivered to the
Employee.

    

    INDIA

    

    Fringe
Benefit Tax

    

    By
accepting this option and participating in the Plan, the Employee consents and
agrees to assume any and all liability for fringe benefit tax that may be
payable by the Employee or the Employer in connection with the Plan upon
request of the Corporation and at the Corporation’s sole
discretion.  The Employee understands that the grant of the Award and
participation in the Plan is contingent upon his or her agreement to assume
liability for fringe benefit tax payable on the shares of common stock acquired
under the Plan if the Corporation so requests.

    

    Further,
by accepting this Award and participating in the Plan, the Employee agrees that
the Corporation and/or the Employer may collect fringe benefit tax from the
Employee by any of the means set forth in the Acknowledgment of Conditions
section of the Award Agreement or any other reasonable method established by the
Corporation.  The Employee also agrees to execute any other consents
or elections required to accomplish the foregoing, promptly upon request of the
Corporation.

    

    ITALY

    

    Data
Privacy Notice and Consent.

    

    This
provision replaces in its entirety the data privacy in the Award
Agreement:

    

    The
Employee hereby explicitly and unambiguously consents to the collection, use,
processing and transfer, in electronic or other form, of his or her personal
data as described in this section of this Appendix A by and among, as
applicable, the Employer, the Corporation and any Affiliate for the exclusive
purpose of implementing, administering, and managing the Employee’s
participation in the Plan.

    
      
        
          

           

          

           

           

        

         

      

      
        12

        
          

        

      

      
         

      

    

    

    The
Employee understands that the Employer, the Corporation and any Affiliate hold
certain personal information about him or her, including, but not limited to,
the Employee’s name, home address and telephone number, date of birth, social
insurance or other identification number, salary, nationality, job title, any
shares of common stock or directorships held in the Corporation or any
Affiliate, details of all Awards, or any other entitlement to shares of common
stock awarded, canceled, exercised, vested, unvested or outstanding in the
Employee’s favor, for the exclusive purpose of implementing, managing and
administering the Plan (“Data”).

    

    The
Employee also understands that providing the Corporation with Data is necessary
for the performance of the Plan and that his or her refusal to provide such Data
would make it impossible for the Corporation to perform its contractual
obligations and may affect the Employee’s ability to participate in the
Plan.  The Controller of personal data processing is Kimberly-Clark
Corporation  with registered offices at 351 Phelps Drive, Irving,
Texas  75038, United States of America, and, pursuant to Legislative
Decree no. 196/2003, its representative in Italy is Kimberly-Clark s.r.l. at Via
Della Rocca, 49, Torino, Italy.

    

    The
Employee understands that Data will not be publicized, but it may be transferred
to banks, other financial institutions, or brokers involved in the management
and administration of the Plan.  The Employee understands that Data
may also be transferred to the Corporation’s independent registered public
accounting firm.  The Employee further understand that the Corporation
and/or any Affiliate will transfer Data among themselves as necessary for the
purpose of implementing, administering and managing the Employee’s participation
in the Plan, and that the Corporation and/or any Affiliate may each further
transfer Data to third parties assisting the Corporation in the implementation,
administration, and management of the Plan, including any requisite transfer of
Data to a broker or other third party with whom the Employee may elect to
deposit any shares of common stock acquired under the Plan.  Such
recipients may receive, possess, use, retain, and transfer Data in electronic or
other form, for the purposes of implementing, administering, and managing the
Employee’s participation in the Plan.  The Employee understands that
these recipients may be located in or outside the European Economic Area, such
as in the United States or elsewhere.  Should the Corporation exercise
its discretion in suspending all necessary legal obligations connected with the
management and administration of the Plan, it will delete Data as soon as it has
completed all the necessary legal obligations connected with the management and
administration of the Plan.

    

    The
Employee understands that Data processing related to the purposes specified
above shall take place under automated or non-automated conditions, anonymously
when possible, that comply with the purposes for which Data is collected and
with confidentiality and security provisions as set forth by applicable laws and
regulations, with specific reference to Legislative Decree no.
196/2003.

    

    The
processing activity, including communication, the transfer of Data abroad,
including outside of the European Economic Area, as herein specified and
pursuant to applicable laws and regulations, does not require the Employee’s
consent thereto as the processing is necessary to performance of contractual
obligations related to implementation, administration, and management of the
Plan.  The Employee

    
      
        
          

           

          

           

           

        

         

      

      
        13

        
          

        

      

      
         

      

    

    understands
that, pursuant to Section 7 of the Legislative Decree no. 196/2003, he or she
has the right to, including but not limited to, access, delete, update, correct,
or terminate, for legitimate reason, the Data
processing.  Furthermore, the Employee is aware that Data will not be
used for direct marketing purposes.  In addition, Data provided can be
reviewed and questions or complaints can be addressed by contacting the
Employee’s local human resources representative.

    

    Plan
Document Acknowledgment

    

    In
accepting the grant of this option, the Employee acknowledges that he or she has
received a copy of the Plan and the Award Agreement and has reviewed the Plan
and the Award Agreement, including this Appendix A, in their entirety and fully
understands and accepts all provisions of the Plan and the Award Agreement,
including this Appendix A.

    

    The
Employee acknowledges that he or she has read and specifically and expressly
approves the following sections of the Award Agreement: Section 2(6) on Payment
of Withholding Taxes; Section 5 on No Right of Continued Employment; Section 8
on Delaware Law to Govern; the section on Acknowledgment of Conditions; and the
Data Privacy Notice and Consent section included in this Appendix
A.

    

    MEXICO

    

    Labor
Law Policy and Acknowledgment

    

    In
accepting the grant of this Award, the Employee expressly recognizes that
Kimberly-Clark Corporation, with registered offices at 351 Phelps Drive, Irving,
Texas 75038, United States of America, is solely responsible for the
administration of the Plan and that the Employee’s participation in the Plan and
acquisition of shares of common stock do not constitute an employment
relationship between the Employee and the Corporation since the Employee is
participating in the Plan on a wholly commercial basis and his or her sole
Employer is Kimberly-Clark de Mexico, S.A. de C.V.  Based on the
foregoing, the Employee expressly recognizes that the Plan and the benefits that
he or she may derive from participating in the Plan do not establish any rights
between the Employee and the Employer, Kimberly-Clark de Mexico, S.A. de C.V.
and do not form part of the employment conditions and/or benefits provided by
Kimberly-Clark de Mexico, S.A. de C.V., and any modification of the Plan or its
termination shall not constitute a change or impairment of the terms and
conditions of the Employee’s employment.

    

    The
Employee further understands that his or her participation in the Plan is as a
result of a unilateral and discretionary decision of the Corporation; therefore,
Kimberly-Clark Corporation reserves the absolute right to amend and/or
discontinue the Employee’s participation at any time without any liability to
the Employee.

    

    Finally,
the Employee hereby declares that he or she does not reserve to him- or herself
any action or right to bring any claim against Kimberly-Clark Corporation for
any compensation or damages regarding any provision of the Plan or the benefits
derived under the Plan, and the Employee therefore grants a full and broad
release to the Corporation, its Affiliates, branches, representation offices,
its shareholders, officers, agents, or legal representatives with respect to any
claim that may arise.

    
      
        
          

           

          

           

           

        

         

      

      
        14

        
          

        

      

      
         

      

    

    Política
Laboral y Reconocimiento/Aceptación

    

    Al
aceptar el otorgamiento de este Premio, el Empleado expresamente reconoce que
Kimberly-Clark Corporation con oficinas registradas en 351 Phelps Drive, Irving,
Texas  75038, U.S.A., es la única responsable por la administración
del Plan y que la participación del Empleado en el Plan y en su caso la
adquisición de las Opciones de Compra de Acciones o Acciones no constituyen ni
podrán interpretarse como una relación de trabajo entre el Empleado y
Kimberly-Clark Corporation, ya que el Empleado participa en el Plan en un marco
totalmente comercial y su único Patrón lo es Kimberly-Clark de Mexico, S.A. de
C.V., con domicilio en Kimberly-Clark de Mexico, S.A. de C.V.
Mexico.  Derivado de lo anterior, el Empleado expresamente reconoce
que el Plan y los beneficios que pudieran derivar de la participación en el Plan
no establecen derecho alguno entre el Empleado y el Patrón, Kimberly-Clark de
Mexico, S.A. de C.V. y no forma parte de las condiciones de trabajo y/o las
prestaciones otorgadas por Kimberly-Clark de Mexico, S.A. de C.V. y que
cualquier modificación al Plan o su terminación no constituye un cambio o
impedimento de los términos y condiciones de la relación de trabajo del
Empleado.

    

    Asimismo,
el Empleado reconoce que su participación en el Plan es resultado de una
decisión unilateral y discrecional de Kimberly-Clark Corporation por lo tanto,
Kimberly-Clark Corporation se reserva el absoluto derecho de modificar y/o
terminar la participación del Empleado en cualquier momento y sin
responsabilidad alguna frente el Empleado.

    

    Finalmente,
el Empleado por este medio declara que no se reserva derecho o acción alguna que
ejercitar en contra de Kimberly-Clark Corporation por cualquier compensación o
daño en relación con las disposiciones del Plan o de los beneficios derivados
del Plan y por lo tanto, el Empleado otorga el más amplio finiquito que en
derecho proceda a Kimberly-Clark Corporation , sus afiliadas, subsidiarias,
oficinas de representación, sus accionistas, funcionarios, agentes o
representantes legales en relación con cualquier demanda que pudiera
surgir.

    

    NEW
ZEALAND

    

    Securities
Law Notice

    

    The
Employee will receive the following documents (in addition to this Appendix A)
in connection with the Award from the Corporation:

    

    
      	
              1.  

            	
              an
      Award Agreement which sets forth the terms and conditions of the Award
      grant;

            

    

     

    
      	
              2.  

            	
              a
      copy of the Corporation’s most recent annual report and most recent
      financial reports have been made available to enable the Employee to make
      informed decisions concerning the Award;
and

            

    

     

    
      	
              3.  

            	
              a
      copy of the description of the Kimberly-Clark Corporation 2001 Equity
      Participation Plan (“Description”) (i.e., the Corporation’s
      Form S-8 Plan Prospectus under the U.S. Securities Act of 1933, as
      amended), and the Corporation will provide any attachments or documents
      incorporated by reference into the Description upon written
      request.  The documents incorporated by reference into the
      Description are updated periodically.  Should the Employee
      request copies of the documents incorporated by reference into the
      Description, the Corporation will provide the Employee with the most
      recent documents incorporated by

            

    

     

    
      
        
          

           

          

           

           

        

         

      

      
        15

        
          

        

      

      
         

      

    

    
      	
               

            	
              reference.

            

    

     

    RUSSIA

    

    Securities
Law Notice

    

    This
Award Agreement, the Plan and all other materials the Employee may receive
regarding participation in the Plan do not constitute advertising or an offering
of securities in Russia.  The issuance of shares of common stock under
the Plan has not and will not be registered in Russia and hence the shares
described in any Plan-related documents may not be offered or placed in public
circulation in Russia.

    

    Please
note that, under the Russian law, the Employee is not permitted to sell the
Corporation’s shares directly to other Russian individuals and the Employee is
not permitted to bring share certificates into Russia.

    

    SOUTH
AFRICA

    

    Tax
Acknowledgment

    

    By
accepting the Award, the Employee agrees to notify the Employer of the amount of
any gain realized upon vesting of the Award.  If the Employee fails to
advise the Employer of the gain realized upon vesting, the Employee may be
liable for a fine.  The Employee will be responsible for paying any
difference between the actual tax liability and the amount
withheld.

    

    SPAIN

    

    Labor
Law Acknowledgment

    

    By
accepting the Award, the Employee acknowledges that he or she understands and
agrees to participation in the Plan and that he or she has received a copy of
the Plan.

    

    The
Employee understands that the Corporation has unilaterally, gratuitously and
discretionally decided to grant Awards under the Plan to individuals who may be
employees of the Corporation or its Affiliates throughout the
world.  The decision is a limited decision that is entered into upon
the express assumption and condition that any grant will not economically or
otherwise bind the Corporation or any of its Affiliates on an ongoing
basis.  Consequently, the Employee understands that any grant is given
on the assumption and condition that it shall not become a part of any
employment contract (either with the Corporation or any of its Affiliates) and
shall not be considered a mandatory benefit, salary for any purposes (including
severance compensation) or any other right whatsoever.  Further, the
Employee understands and freely accepts that there is no guarantee that any
benefit whatsoever shall arise from any gratuitous and discretionary grant since
the future value of the Award and the underlying shares is unknown and
unpredictable.  In addition, the Employee understands that this grant
would not be made but for the assumptions and conditions referred to above;
thus,  the Employee understands, acknowledges and freely accepts that
should any or all of the assumptions be mistaken or should any of the conditions
not be met for any reason, then the Award shall be null and void.

     

    UNITED
KINGDOM

    
      
        
          

           

          

           

           

        

         

      

      
        16

        
          

        

      

      
         

      

    

    

    Tax
Acknowledgment

    

    The
following information supplements the information regarding Tax-Related Items in
the Acknowledgment of Conditions section of the Award Agreement:

    

    If
payment or withholding of the income tax due is not made within 90 days of the
event giving rise to the Tax-Related Items or such other period specified in
section 222(1)(c) of the U.K. Income Tax (Earnings and Pensions) Act 2003 (the
“Due Date”), the amount of any uncollected Tax-Related Items shall constitute a
loan owed by the Employee to the Employer, effective on the Due
Date.  The Employee agrees that the loan will bear interest at the
then-current Her Majesty’s Revenue and Customs (“HMRC”) official rate; it will
be immediately due and repayable.  Notwithstanding the foregoing, if
the Employee is an officer or executive director (as within the meaning of
Section 13(k) of the U.S. Securities and Exchange Act of 1934, as amended), the
terms of this provision will not apply to the Employee.  In the event
that the Employee is an officer or director, as defined above, and Tax-Related
Items are not collected from or paid by the Employee by the Due Date, the amount
of any uncollected Tax-Related Items may constitute a benefit to the Employee on
which additional income tax and National Insurance Contributions may be
payable.   The Employee acknowledges the Corporation or the
Employer may recover it at any time thereafter by any of the means referred to
in the Award Agreement.  The Employee authorizes the Corporation
to withhold the transfer of any shares unless and until the loan is repaid in
full.

    

    VIETNAM

    

    Exchange
Control Notice

    

    Notwithstanding
anything to the contrary in the Award Agreement, due to regulatory requirements
in Vietnam, the Corporation reserves the right to force the Employee to
immediately sell all of the shares upon vesting of the Award, upon notice to the
Employee.

     

    The
Employee understands and agrees that due to exchange control laws in Vietnam,
the Employee will be required to immediately repatriate the cash proceeds
from the sale of shares to Vietnam.   The Employee further understand
that such repatriation of the cash proceeds may need to be effected through a
special exchange control account established by the Corporation or a parent,
subsidiary or Affiliate, and the Employee hereby consents and agrees that the
cash proceeds may be transferred to such special account prior to being
delivered to the Employee.

    

    

    
      
        
          

           

          

           

           

        

         

      

      
        17kc_10q-1q08ex10r.htm

    

      Exhibit
(10)r

      

      

      August
29, 2006

      

      

      

      Tony
Palmer

      Mulberry
House

      59
Heybridge Lane

      Prestbury,
Macclesfield

      SK10
4ER UK

      

      

      Dear
Tony:

      

      This
letter confirms the offer made to you to work for Kimberly-Clark
Corporation.  Your initial assignment will be as Chief Marketing
Officer reporting to Tom Falk, Chief Executive Officer and Chairman of the
Board.  Your start date with Kimberly-Clark will be October 2,
2006.

      

      

      Base
Salary

      Your
starting salary for this position will be $450,000 per year.

      

      

      Annual
Incentive

      You
will be eligible to participate in Kimberly-Clark’s annual incentive plan for
management. Your target will be 80% of base salary. Actual payout can range from
0% to 240% of your target.

      

      For
2006, you will receive a non-prorated guaranteed bonus of $438,000 (paid during
the first quarter of 2007).  This means that in 2006, your bonus will
not fluctuate with performance as it will in future years.

      

      

      Signing
Bonus

      You
will receive a signing bonus of 29,000 restricted stock units (“RSUs”) and
$200,000 in stock options. These RSUs and options will be granted at our next
regular grant, currently scheduled to be October 10, 2006. At the time of grant,
and as a condition of receiving this grant, you will be required to sign a
Noncompetition and Confidentiality Agreement.

      

      The RSU
units will vest 20,000 on the first anniversary of the grant, 5,000 on the
second anniversary, and 4,000 on the third anniversary. Any dividends declared
during the vesting period will be re-invested in additional RSUs.

      

      The
number of stock options granted will be determined by dividing $200,000 by 25%
of the closing price of Kimberly-Clark’s stock on the date of grant, rounded to
the nearest whole number of units. These stock options will vest 30%, 30%, 40%
over three years commencing with the first anniversary following the date of
grant.

      

      

      Long-Term
Incentives

      You
will be eligible for annual long-term incentive grants consistent with your
level and performance. Your first grant will be made in April 2007. This grant
will have a total economic value

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      of
$1,000,000, granted 1/3 in stock options, 1/3 in time vested restricted stock
and 1/3 in performance vested restricted stock.

      

      

      Benefits and
Vacation

      As an
employee of Kimberly-Clark, you will be eligible for a comprehen­sive
hospitalization, medical and major medical insurance program; group life,
dental, and accident insurance; an educational opportuni­ties plan;
incentive investment plan; paid vacation and holidays, and various other
benefits.  Upon acceptance of this offer, you will be provided
booklets explaining the terms and conditions of these benefit
plans.  In addition to the summary of benefits provided to you
previously, enclosed is additional information on the Incentive Investment Plan
and Retirement Contribution Plan and a projection of benefits.

      

      You
will be extended an executive severance agreement (change-in-control) pursuant
to the Company’s Executive Severance Plan subject to approval by the Management
Development and Compensation Committee of the Board at its next
meeting.  This plan provides certain benefits to you upon a change in
control and subsequent loss of your employment.  A summary of the key
benefits is enclosed.

      

      You
will receive 4 weeks of vacation. In
addition, our current policy permits the purchase of five days of additional
vacation per year. Unused vacation will be forfeited at the end of the year and
not paid out in cash.

      

      

      Relocation

      Kimberly-Clark,
in its discretion, will relocate you to Roswell, GA or Dallas, TX pursuant to
the terms of the Kimberly-Clark Relocation Program for Experienced New Hires.
Location will be determined at a later date. K-C’s relocation services are
provided by Cendant Mobility.  Additional information is available
on-line at http://pretransfer.cendantmobility.com.  A
Cendant Mobility representative will contact you after they have been notified
that you have successfully completed your drug screen and background
check.

      

      

      Severance
Protection

      If your
employment is involuntarily terminated by Kimberly-Clark, or by you for Good
Reason, during the first 5 years of your employment for any reason other than
for cause, we will pay you a lump sum severance amount equal to the sum of one
year’s base salary plus target bonus.  The Severance Benefit shall be
calculated using your annual base salary and target bonus percentage. This
Severance Benefit will be made on the first day of the seventh month following
the date of your separation from service.

      

      In
addition, any of the unvested Restricted Stock units mentioned in the signing
bonus section of the offer letter will vest and be paid, in stock, in
conjunction with your Severance Benefit. If your termination is after the end of
the calendar year and before payment of the prior year’s bonus, you also will
receive any accrued but unpaid prior year MAAP bonus.

      

      “Cause,”
for purposes of this letter, is defined as follows:  (1) habitual
neglect of duty or misconduct in discharging your duties, (2) excessive,
unexcused and statutorily unprotected absenteeism, (3) failure or refusal to
comply with any lawful K-C rule or policy, including those rules set forth in
the K-C Code of Conduct, provided such rule or policy is meaningful and
substantive or such failure or refusal to comply detrimentally harms K-C’s
business, (4) engaging in disloyal, dishonest or illegal conduct relating to
K-C’s business, (5) engaging in theft, fraud, embezzlement or other criminal
activity involving the parties’ employment

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      relationship
or (6) otherwise engaging in improper conduct which K-C reasonably determines to
be meaningfully detrimental to its business.

      

      No
termination for “cause” hereunder shall be effective until the Company first has
provided to you in writing a statement setting forth in specific detail the
basis for a cause termination hereunder.

      

      “Good
Reason,” for purposes of this letter, is defined as follows:  (1) a
material reduction in your title or responsibilities that would ordinarily
result in a reduction in pay, or (2) a failure by K-C to make a payment or grant
to you as provided for in this letter; provided that, in all cases described
above, you must give K-C notice within 30 days of such reduction or failure by
K-C and K-C must not cure such reduction of failure within 30 days after your
written notice, and you must terminate employment within 30 days of your notice.
To receive the Severance Benefit, you will be required to execute the
Corporation’s standard release agreement.  The Severance Benefit shall
be paid in lieu of the benefit which you would be entitled to under the
Kimberly-Clark Corporation Global Business Plan Severance Pay Plan, the
Kimberly-Clark Corporation Severance Pay Plan or any other severance program
then offered by K-C to its senior level executives which would have otherwise
been payable by its terms (the “Severance Plan”).  Notwithstanding the
foregoing, in the event that the benefit you would otherwise be entitled to
receive under the Severance Plan is greater than the Severance Benefit, to the
extent you remain eligible to participate in the Severance Plan, the receipt of
such benefit under the Severance Plan shall be lieu of receipt of the Severance
Benefit.

      

      

      Stock Ownership
Guidelines

      The
company has adopted stock ownership guidelines requiring an officer at your
level to have ownership in company stock equal to 3 times base salary. An
executive is permitted three years to reach this goal and time-based restricted
stock or RSUs are included for purposes of the calculation. Based on our current
long-term incentive program, we would expect you to be at or near the required
ownership level within that timeframe. If at the end of 2008, you are not in
compliance with guidelines; Tom Falk shall provide you with a period of time not
to exceed 24 months to achieve compliance. A failure to be in compliance can
result in a decreased long-term incentive grant.

      

      

      Conditions of this
Offer

      This
offer is subject to the completion of the attached Preplacement Health History
Form, to ensure that you are physically capable of carrying out the essential
duties of your position.  Of course, if you choose to make us aware
that you have a disability under the Americans with Disabilities Act, we would
evaluate whether that disability could reasonably be accommodated in regard to
those essential job functions.  Please follow the instructions
provided with the form to begin this process.

      

      This
offer is also subject to verification that you have the legal right to work in
the United States as required by the Immigration Reform and Control Act of
1986.  Enclosed is a copy of Government Form I-9 which must be
completed within three days of your start date.  In addition, you will
be required to present certain documenta­tion, as listed in part two of this
form, as part of the required verification process.

      

      Kimberly-Clark
takes great steps to protect from disclosure its confidential and trade secret
information.  In accordance with our policies, we expect that as an
employee, you will protect any confidential or trade secret information you
learn during your employment.  In particular, this protection will
require that you sign the Confidentiality, Nonsolicitation and Assignment
of

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Business
Ideas Agreement (“Agreement”) as a condition of your employment.  The
Agreement is required of all new hires at Kimberly-Clark.

      

      Because
your position may involve access to confidential business information, the
Company will perform a pre-placement background investigation.  Our
offer of employment is contingent upon the results of this background
investigation.  United States Public Law 104-208 requires we advise
you "that an investigative consumer report including information as to
character, general reputation, personal characteristics, and mode of living" may
be made.  Upon written request, additional information as to the
nature and scope of the report will be provided.  In order to begin
the process, please complete and return to Jenny Rosas the enclosed
forms.

      

      As is
usual, the employment relationship can be ended by you or Kimberly-Clark for any
reason upon appropriate notice.

      

      

      Attachments

      The
following documents have been attached to your offer letter. Please keep in mind
that the documents are general overviews and will not capture your particular
goals or objectives.

      

      
        	
                1.  

              	
                Overview
      of K-C’s change-in-control plan
provisions

              

      

      
        	
                          2.  

              	
                Overview
      of K-C’s retirement plans

              

      

      
        	
                3.  

              	
                Booklet
      describing K-C’s annual incentive
plan

              

      

      
        	
                4.  

              	
                Booklet
      describing K-C’s Long-term
incentives

              

      

      

      

      Sincerely,

      

      

      /s/ Bruce
Cameron

      

      R.
Bruce Cameron

      Director,
Compensation

      Attachments

      

      

      cc:  Liz
Gottung

             Lesley Hoare

            Jenny Rosas

      

      

      

      Please
indicate your acceptance of our offer by signing your name on the line below,
and returning the signed letter to Jenny Rosas in the Compensation/HR
Department.

      

      

      /s/ Tony
Palmer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00141-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00141-of-00352.parquet"}]]