Document:

Form of Corning Incorporated Incentive Stock Plan Agreement

 EXHIBIT 10.52 
 CORNING INCORPORATED 
 INCENTIVE STOCK PLAN AGREEMENT 
 (Restricted Stock Grant) 
 (Terms & Conditions) 
 This Incentive Stock Agreement dated
                     between Corning Incorporated (“Corning” or the “Corporation”) and the employee named below is subject
in all respects to Corning’s 2005 Employee Equity Participation Program as amended, a copy of which may be obtained from the Corporation’s Secretary at One Riverfront Plaza, Corning, New York, 14831. 
  

	1.	Award of Shares. Corning hereby awards to the below-named employee of Corning (the “Employee”) the number of shares of Corning Common Stock, par value $.50
per share (the “Incentive Stock”), indicated below. 

  

					
	 Employee
	  	 Shares
	  	 Social Security No.

		  		  	

  

	2.	Non-Transferability. The shares of Incentive Stock (and all shares subsequently issued or distributed by means of dividends, spin-offs, splits, combinations,
reclassifications, and/or other capital changes with respect to such shares) may not be sold, assigned, transferred, pledged or otherwise encumbered by or on behalf of or for the benefit of the Employee until the Employee is entitled to receive
possession of the shares pursuant to the terms of this Agreement. 

  

	3.	Voluntary Termination, Termination for Cause, Dereliction of Duties or Harmful Acts. The shares of Incentive Stock are subject to forfeiture and shall be forfeited to
Corning if the Employee voluntarily leaves the employ of Corning or one of its subsidiaries without its express consent, if the Employee’s employment is terminated “for cause”, or if the Employee causes Corning or one of its
subsidiaries to suffer financial harm or damage to its reputation (either before or after termination of employment) through (i) dishonesty, (ii) material violation of Corning’s standards of ethics or conduct, or (iii) material
deviation from the duties owed Corning or its subsidiaries by the Employee. 

  

	4.	Possession of Shares. The shares of Incentive Stock shall be registered in the name of the Employee but shall be held by Corning (in “book entry” form) until
the Employee is entitled to possession of the shares pursuant to the terms of this Agreement. Until the Employee has received possession of the shares of the Incentive Stock, the Employee shall have no right to sell, assign, transfer, pledge or
otherwise encumber the shares of Incentive Stock in any manner, any attempt to do so will result in the forfeiture of such shares to which such sale, assignment, transfer, pledge or other encumbrance purports to relate. 

  

	5.	Lapse of Forfeiture Provisions. The possibility of forfeiture referred to in paragraph 3 above shall lapse as to
             percent (    %) of the Incentive Stock after
                     or upon the occurrence of the events specified below: 

  

	 	a.	The Employee’s death. 

	 	b.	The Employee’s termination of employment as the result of total and permanent disability or for health or medical reasons which prevent the Employee from fulfilling the duties
and responsibilities assigned to the Employee. 

	 	c.	In the event of Employee’s involuntary termination for reasons other than those outlined in paragraph 3 above, then the possibility of forfeiture shall lapse for the unvested
Incentive Stock on a prorated basis (based on months from award date to termination date divided by total months from award date to Agreement original projected vesting date) and the remainder shall be forfeited. 

	 	d.	The Employee’s retirement under the Pension Plan or the pension scheme applicable to one or more of Corning’s subsidiaries on or after age 55. 

	 	e.	The Employee’s termination of employment with Corning or one of its subsidiaries within four years following a “change of control” (defined below), which termination
shall be deemed to occur if during such period the Employee determines in good faith that the position, duties, responsibilities and status assigned to him are inconsistent with the position, duties, responsibilities and status of the Employee with
Corning or one of its subsidiaries immediately prior to the change of control. Such determination shall be evidenced by the Employee in writing and delivered to the Secretary of Corning or one of its subsidiaries promptly but in no event later than
180 days after such determination. 

 For purposes of this Agreement, the term “change of control” shall mean and
shall be deemed to occur if and when: 
  

	 	(i)	an offerer (other than Corning) purchases shares of Corning Common Stock pursuant to a tender or exchange offer for such shares; 

  

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	 	(ii)	any person (as such term is used in Sections 13(d) and 14(d)(2) of the Securities Exchange Act of 1934) is or becomes the beneficial owner, directly or indirectly, of Corning
securities representing 50% or more of the combined voting power of Corning’s then outstanding securities; 

  

	 	(iii)	the membership of Corning’s Board of Directors changes as the result of a contested election or elections, such that a majority of the individuals who are Directors at any
particular time were initially placed on the Board of Directors as a result of such a contested election or elections occurring within the previous two years; or 

  

	 	(iv)	The consummation of a merger, consolidation, sale or disposition of all or substantially all of Corning’s assets or a plan or partial or complete liquidation approved by the
Corporation’s shareholders. 

  

	6.	Voting rights and dividends. The Employee may vote the shares of Incentive Stock and receive all dividends as declared and paid by Corning, subject to the appropriate
withholding to satisfy applicable tax requirements. 

  

	7.	Legends. The Employee acknowledges that the shares of Incentive Stock are held in electronic “book entry” in a restricted account by Corning, and if
converted into paper certificate form would bear a restricted legend indicating the possibility of forfeiture and the restrictions on transfer. 

  

	8.	Transfers. If the Employee shall be transferred from Corning to a subsidiary company (being a 50% or greater owned entity within the meaning of Section 424(f) of
the Internal Revenue Code), or vice versa or from one subsidiary company to another, the Employee’s employment shall not be deemed to have terminated. 

  

	9.	Any modification of the terms of this Agreement must be approved, and any dispute, disagreement or matter of interpretation which shall arise under this Agreement shall be finally
determined by the Compensation Committee of Corning’s Board of Directors in its absolute discretion. 

 IN WITNESS WHEREOF, this Agreement
has been duly executed by Corning and the Employee. 
  

									
	CORNING INCORPORATED	 		 	EMPLOYEE
					
	By:	 	  
	 		 	By:	 	  

		 	Kirk P. Gregg	 		 		 	
		 	Executive Vice President & Chief Administrative Officer	 		 	Address:	 	  

		 		 		 		 	  

		 		 		 	S.S.N.:	 	  

  

 179Form of Change of Control Agreement Amendment No. 3 effective December 19, 2008

 EXHIBIT 10.53 
 CORNING INCORPORATED 
 CHANGE IN CONTROL AGREEMENT 
 AMENDMENT NO. 3 
 Whereas Corning Incorporated
(the “Company”) and                      (the “Executive”) entered into that certain Change in Control Agreement dated
June 1, 2001 (the “Agreement”); and 
 Whereas the Company and the Executive amended such Agreement on February 1, 2004 (Amendment
No. 1); and 
 Whereas the Company and the Executive amended such Agreement on December 12, 2007 (Amendment No. 2); and 
 Whereas the Company and the Executive want to amend the Agreement to take into account federal tax law changes under Section 409A of the Internal Revenue
Code of 1986, as amended, and the regulations issued thereunder. 
 Now Therefore, the Company and Executive hereby agree to the following amendments,
which shall be effective as of January 1, 2005: 
  

	1.	Section 3(c) of the Agreement is amended by deleting the words “Section 3(b)(i) or Section 3(b)(ii)” and replacing it with “this Agreement”.

  

	2.	Section 5(d) is amended by adding the following new sentence to the end thereof: 

 “Notwithstanding the foregoing, the Payments that may be eliminated or reduced under this Section 5(d) may not be Payments that are subject to Section 409A.” 
 IN WITNESS WHEREOF, the parties have executed this Amendment on December 19, 2008. 
  

							
	CORNING INCORPORATED	 	
			
	  
	 		 	  

	By:	 	John P. MacMahon	 		 	Executive
		 	Senior Vice President,	 		 	
		 	Global Compensation and Benefits	 		 	

  

 180Form of Officer Severance Agreement Amendment No. 2 effective December 19, 2008

 EXHIBIT 10.54 
 CORNING INCORPORATED 
 OFFICER SEVERANCE AGREEMENT 
 AMENDMENT NO. 2 
 Whereas Corning Incorporated
(the “Company”) and                      (the “Executive”) entered into that certain Officer Severance Agreement dated
February 1, 2004 (the “Agreement”); and 
 Whereas the Company and the Executive amended such Agreement on December 12, 2007
(Amendment No. 1); and 
 Whereas the Company and the Executive want to amend the Agreement to take into account federal tax law changes under
Section 409A of the Internal Revenue Code of 1986, as amended, and the regulations issued thereunder. 
 Now Therefore, the Company and Executive
hereby agree to the following amendments, which shall be effective as of January 1, 2005: 
  

	1.	Subsection 3(a)(viii) of the Agreement is amended by replacing the second sentence of such subsection with the following: “Such purchase must take place and be finalized in the
calendar year following the year in which the Termination Date occurs and, if the Executive is a “specified employee” (as defined in Section 409A), on a date that is at least 6 months after the Termination Date and shall be made at
the greater of (i) the residence’s appraised value at the Termination Date, as determined in accordance with the Company’s relocation policies in effect immediately prior to the Involuntary Termination, or (ii) the total cost of
the residence plus improvements and tax gross-up as applicable (“Protected Value”), as determined in accordance with the Company’s Protected Value policy in effect as of the date of this Agreement.” 

  

	2.	The following new Section 14 shall be added to the end of the Agreement: 

 “14. SECTION 409A. To the extent that payments or benefits under this Agreement are subject to Section 409A of the Internal Revenue Code of 1986, as amended, and the Treasury regulations and other
authoritative guidance issued thereunder (“Section 409A”), this Agreement shall be governed by the requirements of Section 409A, and this Agreement shall be interpreted and administered in accordance with that intent. If any provision
of this Agreement would otherwise conflict with or frustrate this intent, that provision will be interpreted and deemed amended so as to avoid the conflict.” 
 IN WITNESS WHEREOF, the parties have executed this Amendment on December 19, 2008. 
  

							
	CORNING INCORPORATED
			
	  
	 		 	  

	By:	 	John P. MacMahon	 		 	Executive
		 	Senior Vice President,	 		 	
		 	Global Compensation and Benefits	 		 	

  

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