Document:

EX-10.9

EXHIBIT 10.9

Executive Performance Plan

of

The Goodyear Tire & Rubber Company

Effective January 1, 2004

	I.	 	PURPOSE
	 
	 	 	This Executive Performance Plan of The Goodyear Tire & Rubber Company (the “Plan”) is
intended to (i) advance the interests of the Company and its shareholders by strengthening
the Company’s ability to attract, retain and reward key personnel and (ii) motivate key
personnel to achieve business objectives established to promote the Company’s long term
growth, profitability and success.
	 
	II.	 	DEFINITIONS
	 
	 	 	For purposes of this Plan, each of the following terms has the indicated meaning:
	 
	 	 	“Code” means the Internal Revenue Code 1986, as amended from time to time, and regulations and
rulings promulgated thereunder.
	 
	 	 	“Committee” means the Compensation Committee of the Company’s Board of Directors.
	 
	 	 	“Company” means The Goodyear Tire & Rubber Company, its subsidiaries and affiliates.
	 
	 	 	“Deferred Compensation” means any Performance Award deferred pursuant to Article VIII.
	 
	 	 	“Disability” or “Disabled” means a Participant is disabled if the Participant receives
at least 12 months of the Company’s Long-Term Disability Benefits for Salaried Employees
provided that the definition of disability under such plan remains in compliance with
Treasury Regulation Section 1.409A-3(i)(4).
	 
	 	 	“Grant” means the number of Units granted by the Committee to a Participant.
	 
	 	 	“Grant Agreement” means any agreement or other instrument making a Grant and setting forth
the Performance Goals, Performance Measures and Performance Period related to the Grant
and such other terms deemed necessary or appropriate by the Committee.
	 
	 	 	“Participant” means any salaried employee of the Company selected by the Committee to
receive a Grant under this Plan.
	 
	 	 	“Performance Award” means the number of Units included in a Grant multiplied by the
related Unit Value.
	 
	 	 	“Performance Goals” means one or more targets, goals or levels of attainment required to
be achieved in terms of the specified Performance Measures during the specified
Performance Period, all as determined by the Committee and set forth in the related Grant
Agreement.

 

 

	 	 	“Performance Measures” means one or more of the criteria used by the Committee to
establish and measure attainment of Performance Goals for a Performance Period.
	 
	 	 	“Performance Period” means one or more periods of time, which may be of varying and
overlapping duration, as selected by the Committee, during which attainment of Performance
Goals is measured’ provided, however, that no Performance Period may be less than one year
in duration.
	 
	 	 	“Plan” means this Executive Performance Plan of the Company, as then amended at any time.
	 
	 	 	“Retirement” means a separation from service with the Company after 10 years of service
and the attainment of age 55. For purposes of establishing whether an employee has had a
separation from service, the employee will be deemed to have a separation from service on
the date of retirement, if the employee after the date of retirement is not reasonable
anticipated to provide a level of bona fide services that exceeds 25% of the average level
of bona fide services provided by the employee in the immediately preceding 36 months (or
the total period of employment, if less than 36 months), within the meaning of Section 409A
of tax code.
	 
	 	 	“Specified Employee” means an employee who is a specified employee in accordance with
Section 409A of the Code. The specified employee identification date for the Plan is
December 31 of each year. The specified employee effective date for the Plan is each
following January 1.
	 
	 	 	“Unit” means one multiple of Unit Value.
	 
	 	 	“Unit Value” means the amount of the cash value of each Unit granted to a Participant;
Unit Value may vary by Grant or Participant and is based upon attainment of Performance
Goals.
	 
	III.	 	THE COMMITTEE

	 	A)	 	The Plan will be administered by the Committee. No member of the Committee
will participate in this Plan. The Committee may take any action permitted by this
Plan at any meeting at which a quorum is present and which is held upon not less than
five days’ notice to each member of the meeting’s time, place and purpose. A
majority of the members of the Committee will constitute a quorum, and any act of a
majority of the members present at any meeting at which a quorum is present will be
the act of the Committee. Any one or more members of the Committee may participate
in a meeting by conference telephone or similar means by which each participant can
hear and speak to each other participant. Participation by any such means will
constitute presence in person at the meeting. The Committee may take any permitted
action by written consent of a majority of its members, and such action will be as
effective as if the action had been taken by unanimous vote at a meeting duly called
and held. The minutes of each meeting (signed by the Committee’s secretary)
evidencing any permitted action, will constitute authority for the Company to act in
accordance therewith. The Company will make Grants in accordance with the terms and
conditions specified by the Committee, as set forth in the related Grant Agreement.
	 
	 	B)	 	The Committee has full power and authority to administer this Plan in
accordance with its terms, including, but not limited to, the power to: (i) select
Participants; (ii) make Grants; (iii) determine Unit Value; (iv) establish
Performance Goals, Performance Measures and Performance Periods; (v) change the terms
of any Grant previously made; (vi) guarantee a minimum Unit Value; (vii) prescribe
the terms of any Grant Agreement; (viii) interpret

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	 	 	 	this Plan and make any determination of fact incident to the operation of this Plan;
(ix) terminate or amend this Plan without stockholder approval, unless such approval
is then required by applicable law or rule, including without limitation any
amendment necessary or appropriate to comply with the laws of other countries; (x)
delegate to other persons the responsibility for performing administrative or
ministerial acts pursuant to this Plan; (xi) engage the services of persons and
firms, including without limitation banks, legal advisors, consultants and insurance
companies, in connection with the administration and interpretation of this Plan and
(xii) make all other determinations and take all other actions as the Committee may
deem necessary or advisable for the administration of this Plan.

	 	C)	 	Any determination, decision or action of the Committee in connection with
the construction, interpretation, administration or application of this Plan, or of
any Grant Agreement, shall be final, conclusive and binding upon a Participant and
any person claiming through the Participant.

	IV.	 	ELIGIBILITY AND TERMS
	 
	 	 	The Committee will select Participants in its sole discretion, subject to the terms of
this Plan. At the time each Grant is made, the Committee will establish and set forth in
a Grant Agreement the amount of the Grant and the related Performance Measures,
Performance Goals and Performance Period. At the end of any Performance Period, the
Committee will calculate each Performance Award and advise the Company of the amount of
cash payment to be made to each Participant.
	 
	V.	 	PERFORMANCE GOALS, PERFORMANCE MEASURES AND PERFORMANCE PERIODS
	 
	 	 	Each Grant Agreement will provide that, in order for a Participant to receive a
Performance Award, the Company must achieve specified Performance Goals over the
Performance Period, with attainment of Performance Goals determined using specific
Performance Measures. Performance Goals and the Performance Period will be established by
the Committee in its sole discretion. The Committee also will establish Performance
Measures for each Performance Period. The Committee may, in its sole discretion, revise
or amend Performance Goals or Performance Measures at any time prior to distribution of a
Performance Award for any Grant. The Committee may, in its sole discretion, guarantee,
eliminate or reduce the amount of any Performance Award that otherwise would be payable to
a Participant upon attainment of the Performance Goals.
	 
	VI.	 	FORM OF GRANTS
	 
	 	 	Grants may be made on any terms and conditions not inconsistent with this Plan, and the
related Grant Agreement may be in such form, as the Committee, in its sole discretion, may
approve. Subject to the terms of this Plan, the Committee will, in its sole discretion,
determine the number of Units included in each Grant, and the Committee may impose
different terms and conditions on any particular Grant. The Performance Goals,
Performance Measures and Performance Period applicable to any Grant shall be set forth in
the related Grant Agreement.
	 
	VII.	 	PAYMENT OF AWARDS

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	 	 	Payment in settlement of a Performance Award will be made in cash and at such time or
times as the Committee, in its sole discretion, shall determine.
	 
	VIII.	 	DEFERRAL OF PAYMENT
	 
	 	 	The Committee may, at the later of December 31, 2008 or the December 31 prior to the
beginning of the Performance Period, require a Participant to defer, or permit (subject to
such conditions as the Committee may from time to time establish) a Participant to elect
to defer, receipt of all or any portion of any payment of cash that would otherwise be due
to such Participant in payment or settlement of any Performance Award. If any such
deferral is required by the Committee (or is elected by the Participant with the
permission of the Committee), the Committee shall establish rules and procedures for such
payment deferrals. All deferrals become irrevocable as of the beginning of the
Performance Period, must be in compliance with Section 409A of the Code and made pursuant
to the distribution and investment parameters of Paragraph (K) of Article IX.
	 
	IX.	 	MISCELLANEOUS

	 	A)	 	Withholding Taxes. Each Performance Award\ will be made subject to any
applicable withholding for taxes. The Company may deduct from any Performance Award
any and all federal, state, city, local or foreign taxes of any kind required by law to
be withheld with respect to such payment and to take such other actions as may be
necessary in the opinion of the Company to satisfy all obligations for the payment of
such taxes.
	 
	 	B)	 	No Right to Employment. Neither the adoption of this Plan nor the making of
any Grant will confer upon any employee any right to continued employment with the
Company, nor interfere in any way with the right of the Company to terminate the
employment of any employee at any time, with or without cause, subject to the terms of
any employment agreement or provision of applicable law.
	 
	 	C)	 	Non-Transferability of Grants. No Grant, and no right or interest therein,
shall (i) be assignable, alienable or transferable by any Participant, except by will
or the laws of descent and distribution or (ii) be subject to any obligation, or the
lien or claims of any creditor, of any Participant or (iii) be subject to any lien,
encumbrance or claim of any person made in respect of or through any Participant,
however arising.
	 
	 	D)	 	Unfunded Plan. The Plan will be unfunded, and the Company shall not be
required to segregate any assets that may at any time be represented by Grants or
Performance Awards. Any liability of the Company to any person with respect to any
Performance Award will be based solely upon any contractual obligation effected
pursuant to this Plan. No such obligation of the Company shall be deemed to be secured
by any pledge of, or other encumbrance on, any property of the Company.
	 
	 	E)	 	Change in Control. Nothing in this Plan shall prevent or interfere with any
recapitalization or reorganization of the Company or its merger or consolidation with
any other corporation. In any such case, the recapitalized, reorganized, merged or
consolidated company shall assume the obligations of the Company under this Plan or
such modification hereof as, in the judgment of the Board of Directors, shall be
necessary to adapt it to the changed situation and shall provide substantially
equivalent benefits to each Participant.

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	 	F)	 	Engaging in Competition with Company. If a Participant terminates his or her
employment with the Company for any reason whatsoever, and within eighteen (18) months
after the date thereof accepts employment with any competitor of, or otherwise engages
in competition with, the Company, the Committee, in its sole discretion, may require
such Participant to return, or (if not received) to forfeit, to the Company the dollar
amount of any Performance Award to which the Participant otherwise would be entitled
with respect to the period to date commencing with the date that is six months prior to
the date of the Participant’s termination of employment with the Company or during such
other period as the Committee may determine.
	 
	 	G)	 	Other Company Benefit and Compensation Programs. Payment of a Performance
Award will not be deemed part of a Participant’s regular, recurring compensation for
purposes of any termination indemnity or severance pay law of any country and will not
be included in, nor have any effect on, the determination of benefits under any pension
or other employee benefit plan or similar arrangement provided by the Company, unless
(i) expressly so provided by such other plan or arrangement or (ii) the Committee
expressly determines that all or part of the Performance Award should be included as
recurring compensation. No provision of this Plan may be deemed to prohibit the Company
from establishing other special awards, incentive compensation plans, compensation
programs and other similar arrangements providing for the payment of performance,
incentive or other compensation to employees. Payments and benefits provided to any
employee under any other plan, including, without limitation, any stock option, stock
award, restricted stock, deferred compensation, savings, retirement or other benefit
plan or arrangement, will be governed solely by the terms of such other plan.
	 
	 	H)	 	Grant Agreement. As a condition to receiving a Grant, a Participant shall
enter into a Grant Agreement with the Company in a form specified by the Committee,
agreeing to the terms and conditions of the Grant and such related matters as the
Committee shall, in its sole discretion, determine.
	 
	 	I)	 	Severability. If any provision of this Plan shall be held to be invalid or
unenforceable for any reason, such invalidity or unenforceability shall not affect the
remaining provisions of this Plan.
	 
	 	J)	 	Governing Law. The Plan shall be governed by and construed in accordance with
the laws of the State of Ohio.
	 
	 	K)	 	Distribution and Investment of Deferred Compensation.

	 	1.	 	Deferred Compensation under the Plan shall be payable as follows:

(a) Separation from service for Other than Retirement, Death or After Becoming
Disabled. In the event that a Participant’s Employment with the Company or any
Participating Employer shall be terminated by reason of voluntary termination,
layoff due to job elimination or job relocation, involuntary termination for any
reason or any other termination for any other reason other than Retirement, Death or
after becoming Disabled, the entire amount of his or her Deferred Compensation shall
be paid within sixty (60) days after such termination of Employment;
provided, however, that if a Participant immediately upon
termination becomes an employee of any Subsidiary of the Company, such Participant
shall not be deemed to have had a separation from service with the Company until the
Participant’s termination from the Subsidiary and all

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members of the control group (as defined under Section 414 of the Code) of the
Company for the purpose of this Section 7.1, although such Participant shall no
longer be an Eligible Employee if such Subsidiary is not a Participating Employer.

Further provided, that if the Participant is a Specified Employee upon separation
from service, then the entire amount of Deferred Compensation shall be payable on
the first business day that is more than six (6) months following the separation
from service.

The phrase termination of employment, or words to a similar effect, shall mean a
separation from service within the meaning of Section 409A of the Code, except that
for purposes of establishing whether an employee has had a separation from service,
the employee will be deemed to have a separation from service on the date of
termination, if the employee after the date of termination is not reasonably
anticipated to provide a level of bona fide services that exceeds 25% of the average
level of bona fide services provided by the employee in the immediately preceding 36
months (or the total period of employment, if less than 36 months), within the
meaning of Section 409A of tax code.

(b) Death of Participant. In the event of a Participant’s death (whether
before or after his or her Retirement or Disability), the entire amount of his or
her Deferred Compensation shall be paid to his or her Beneficiaries in a lump sum
within sixty (60) days after the date of such Participant’s death.

(c) Separation from Service by Retirement or Becomes Disabled. In the event
a Participant shall separate from service after meeting the requirements for
Retirement or becomes Disabled, the distribution of his or her Deferred Compensation
shall be made in accordance with the election of such Participant made in accordance
with subsection (d) or subsection (e) of this Section 7.1, (i) or, if no election
has been made by such Participant, in accordance with Aricle VII. of the Plan.

(d) In accordance with Elections. If Deferred Compensation has not been
paid pursuant to subsections (a) or (b) above, then it shall be paid pursuant to the
time and form of the elections made pursuant to this subsection (d). A Participant
must, at the time he or she notifies the Committee of his or her election to have
all or a portion of his or her Performance Award in respect of any Performance
Period payable as Deferred Compensation under the Plan, specify the payment of such
Deferred Compensation only in the following forms thereof:

(i) In a lump sum on the 15th of the January following the specified
anniversary of the end of the Performance Period the Deferred Compensation was
earned where the Participant specifies an anniversary of between 2 and 15 years at
the time of election to defer; or

(ii) In a lump sum on the fifteenth (15th) day of January of the year following
the year of such Participant’s Retirement or Disability provided, however, that if
the Participant is a Specified Employee upon Retirement, the Lump Sum shall be
payable on the later of (1) the first business day that is more than six (6) months
following Retirement or (2) the fifteenth day of January of the year following the
year of such Participant’s Retirement; or

(iii) In annual installments over a period specified by the Participant at the
time of the deferral election of no less than 2 years and no more than fifteen (15)
years, commencing

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in each case on the 15th day of January of the year following the date of such
Participant’s Retirement or Disability provided, however, that if the Participant is
a Specified Employee upon Retirement the first installment shall be payable at the
later of (1) the first business day that is more than six (6) months following
Retirement, or (2) the fifteenth day of January of the year following the date of
such Participant’s Retirement, each installment to equal the aggregate amount of all
Deferred Compensation of such Participant then remaining in his or her Account or
Accounts subject to such election, determined as at the Valuation Date immediately
prior to such distribution date, divided by the number of installments then
remaining to be made (including the installment to be paid on such distribution
date); or

(iv) In annual installments over a period specified by the Participant at the time
of the deferral election of no more than fifteen (15) years, commencing in each case
on the 15th day of January following the specified anniversary of the end of the
Performance Period the Deferred Compensation was earned where the Participant
specifies an anniversary of between 2 and 15 years at the time of election to defer,
each installment to equal the aggregate amount of all Deferred Compensation of such
Participant then remaining in his or her Account or Accounts subject to such
election, determined as at the Valuation Date immediately prior to such distribution
date, divided by the number of installments then remaining to be made (including the
installment to be paid on such distribution date).

(e) With respect to an attempted Deferral by a Participant for which no effective
election as to time of payment has been filed with the Committee, such Performance
Award will be paid in accordance with Article VII. and the attempted deferral will
be null and void.

2. Investment of Deferred Compensation.

At the time you make your election to defer a Performance Award in respect of the
Performance Period, you must choose from the Reference Investment Fund or Funds
attached in the Annex I and allocate your Performance Award, among one or more such
Reference Investment Funds which as of the March 15 following the Performance Period
will be established as your Executive Performance Plan Account with respect to your
Performance Award. You can make changes to your Reference Investments in your
Executive Performance Accounts at any time online. The Compensation Committee shall
have absolute discretion in the selection of Reference Investment Funds available
and may, from time to time, change the available Reference Investment Funds as it
deems appropriate. Any such change of Reference Investment Funds will be
communicated to you in accordance with procedures adopted by the Committee.

	 	L)	 	The Board of Directors may only terminate this Plan with respect to existing Executive
Performance Plan Accounts and no termination or amendment of this Plan may accelerate
payment of any Benefits to any Participant except under the following conditions subject to
the mandatory six-month delay for Specified Employees:

(a) The Company may terminate and liquidate the Plan within 12 months of a
corporate dissolution taxed under section 331, or with the approval of a bankruptcy
court pursuant to 11 U.S.C. §503(b)(1)(A), provided that the amounts deferred under
the Plan are included in the Participants’ gross incomes in the latest of the
following years (or, if earlier the taxable year in which the amount is actually or
constructively received): (1) the calendar year in which the Plan termination and
liquidation occurs; (2) the first

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calendar year in which the amount is no longer subject to a substantial risk of
forfeiture; or (3) the first calendar year in which the payment is administratively
practicable.

(b) The Company may terminate and liquidate the Plan pursuant to irrevocable action
taken by the Board of Directors within the 30 days preceding or the 12 months
following a change in control event (as defined in Treasury Regulation
§1.409A-3(i)(5)), provided that this paragraph will only apply to a payment under a
plan if all agreements, methods, programs, and other arrangements sponsored by the
Company immediately after the time of the change in control event with respect to
which deferrals of compensation are treated as having been deferred under a single
plan under Treasury Regulation §1.409A-1(c)(2) are terminated and liquidated with
respect to each Participant that experienced the change in control event, so that
under the terms of the termination and liquidation all such participants are
required to receive all amounts of compensation deferred under the terminated
agreements, methods, programs and other arrangements within 12 months of the date
the Company irrevocably takes all necessary action to terminate and liquidate the
agreements, methods, programs, and other arrangements.

(c) The Company may terminate and liquidate the Plan, provided that (1) the
termination and liquidation does not occur proximate to a downturn in the financial
health of the Company; (2) the Company terminates and liquidates all agreements,
methods, programs, and other arrangements sponsored by the Company that would be
aggregated with any terminated and liquidated agreements, methods, programs, and
other arrangements under Treasury Regulation §1.409-1(c) if any Participant had
deferrals of compensation under all of the agreements, methods, programs, and other
arrangements that are terminated and liquidated; (3) no payments in liquidation of
the Plan are made within 12 months of the date the Company takes all necessary
action to irrevocably terminate and liquidate the Plan other than payments that
would be payable under the terms of the Plan if the action to terminate and
liquidate the Plan had not occurred; (4) all payments are made within 24 months of
the date the Company takes all necessary action to irrevocably terminate and
liquidate the Plan; and (5) the Company does not adopt a new plan that would be
aggregated with any terminated and liquidated plan under Treasury Regulation
§1.409A-1(c) if the same service provider participated in both plans, at any time
within three years following the date the service recipient takes all necessary
action to irrevocably terminate and liquidate the Plan.

	 	M)	 	Compliance with Section 409A of the Code.

(a) It is intended that the Plan comply with the provisions of Section 409A of the
Code, so as to prevent the inclusion in gross income of any amounts deferred
hereunder in a taxable year that is prior to the taxable year or years in which
such amounts would otherwise actually be paid or made available to Participants or
Beneficiaries. This Plan shall be construed, administered, and governed in a manner
that affects such intent, and the Committee shall not take any action that would be
inconsistent with such intent.

(b) Although the Committee shall use its best efforts to avoid the imposition of
taxation, interest and penalties under Section 409A of the Code, the tax treatment
of deferrals under this Plan is not warranted or guaranteed. Neither the Company,
the other members of the Affiliated Group, the Board, nor the Committee (nor its
designee) shall be held liable for any taxes, interest, penalties or other monetary
amounts owed by any Participant, Beneficiary or other taxpayer as a result of the
Plan.

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(c) Any reference in this Plan to Section 409A of the Code will also include any
proposed, temporary or final regulations, or any other guidance promulgated with
respect to such Section 409A by the U.S. Department of Treasury or the Internal
Revenue Service. For purposes of the Plan, the phrase “permitted by Section 409A of
the Code,” or words or phrases of similar import, shall mean that the event or
circumstance shall only be permitted to the extent it would not cause an amount
deferred or payable under the Plan to be includible in the gross income of a
Participant or Beneficiary under Section 409(A)(a)(1) of the Code.

Executed at Akron, Ohio, this 22nd day of December, 2008.

	 	 	 	 	 
	 	 	 	The Goodyear Tire & Rubber Company

 	 
	 	By:  	/s/
Joseph B. Ruocco 	 
	 	 	Joseph B. Ruocco 	 
	 	 	Senior Vice President, Human Resources 	 
	 

ATTEST:

/s/ Bertram Bell                                     

Bertram Bell

Assistant Secretary

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ANNEX I

TO

THE GOODYEAR TIRE & RUBBER COMPANY

EXECUTIVE PERFORMANCE PLAN

The Reference Investment Funds are as follows:

	1.	 	Money Market Fund. The Benchmark Fixed Income — Government Select Portfolio.
	 
	2.	 	Bond Fund. The Benchmark Short-Intermediate Bond Portfolio.
	 
	3.	 	Equity Index Fund. The Benchmark Equity Index Portfolio.
	 
	4.	 	Balanced Fund. The Benchmark Balance Portfolio.
	 
	5.	 	Growth Fund. The Twentieth Century Ultra Investment Fund.

10EX-10.10

 

EXHIBIT 10.10

GOODYEAR SUPPLEMENTARY PENSION PLAN

October 7, 2008 Restatement, effective January 1, 2005

This Restatement is to provide provisions for compliance with Section 409A of the Internal Revenue
Code for all benefits under this Plan that were not both earned and vested prior to January 1, 2005
within the meaning of Section 409A of the Code (“Post-2004 Benefits”). All provisions of the Plan
as last amended on August 28, 2003 apply to the accrued benefits that were earned and vested as of
December 31, 2004 within the meaning of Section 409A of the Code (“Pre-2005 Benefits”). Where a
prior provision no longer applies, that Section will be shown as the original applying to Pre-2005
Benefits (“Pre-2005 Provisions”) and the revised sections, if any, applying only to Post-2004
Benefits (“Post-2004 Provisions”). Nothing contained herein is intended to materially enhance a
benefit or right with respect to Pre-2005 Benefits under the Plan as of October 3, 2004 or add a
new material benefit or right to such Pre-2005 Benefits.

	I.	 	ELIGIBLE EMPLOYEES
	 
	 	 	Each employee of The Goodyear Tire & Rubber Company and its subsidiary and affiliated
companies (collectively hereinafter sometimes called “Goodyear Companies”) who is a
participant in the Retirement Plan for Salaried Employees and/or its successor, The
Salaried Pension Plan, The Salaried Savings Plan or a comparable retirement plan for
salaried employees which complies with the requirements of Treasury Regulation Section
1.409A-3(j)(5) (herein collectively referred to as “RPSE”), and has been selected from time
to time by the Compensation Committee of the Board of Directors as a participant in this
Supplementary Pension Plan, shall be eligible to participate either as a participant for
Group I or Group II benefits as determined by the Compensation Committee and shall
participate in this Plan to the extent of the benefits provided herein (hereinafter
referred to as “participant”).
	 
	II.	 	DEFINITIONS

	 	(a)	 	All terms used in this Plan which are defined in the RPSE shall have the same
meanings herein as therein, unless otherwise expressly provided in this Plan.
	 
	 	(b)	 	For establishing Group I Benefits under this Plan, Monthly Retirement Income
shall mean the sum of an employee’s Non-Contributory Pension calculated in the manner
provided in the RPSE and his Contributory Pension calculated in the manner provided
under Section III of this Plan (without regard to Section 415 of the Code). The Chief
Executive Officer is given authority with respect to any participant other than
himself and the Compensation Committee is given authority with respect to the Chief
Executive Officer as a participant to designate for any given year that the earnings
of such participant will be calculated by substituting the participant’s target bonus
amount under the Performance Recognition Plan in place of the actual bonus amount.
	 
	 	(c)	 	For establishing Group II Benefits under this Plan, an employee’s Monthly
Retirement Income shall mean the sum of his Non-Contributory Pension calculated in the
manner provided in the RPSE as amended May 1, 1985, and his Contributory Pension
calculated in the manner provided under Section IV of this Plan (without regard to
Section 415 of the Code). The Chief Executive Officer is

 

2

	 	 	 	given authority with respect
to any participant other than himself and the
Compensation Committee is given authority with respect to the Chief Executive
Officer as a participant to designate for any given year that the earnings of such
participant will be calculated by substituting the participant’s target bonus
amount under the Performance Recognition Plan in place of the actual bonus amount.

	 	(d)	 	(Only applies as a Post-2004 Provision)

A Specified Employee is an employee who is a specified employee in accordance with
Section 409A of the Code. The specified employee identification date for the Plan
is December 31 of each year. The specified employee effective date for the Plan is
each following January 1.
	 
	 	(e)	 	(Only applies as a Post-2004 Provision and with respect to Post-2004
Benefits)

For purposes of establishing whether an employee has had a separation from service,
the employee will be deemed to have a separation from service on the date of
retirement, if the employee after the date of retirement is not reasonably
anticipated to provide a level of bona fide services that exceeds 25% of the
average level of bona fide services provided by the employee in the immediately
preceding 36 months (or the total period of employment, if less than 36 months),
within the meaning of Section 409A of tax code.
	 
	 	 	 	Continuous Service includes all years of Continuous Service under the RPSE and any
additional years of service granted through the Company’s Continuity Plan.

	III.	 	GROUP I BENEFITS

	 	(a)	 	Amount of Contributory Pension. Contributory Pension shall be an
amount equal to the product of:

	 	(i)	 	1/12th of the Participant’s Average Annual
Earnings in excess of the applicable Break Point.

multiplied by

	 	(ii)	 	2.2 percent for each of employee’s first 10 years of
Continuous Service, plus
	 
	 	 	 	1.6 percent for each of employee’s next 10 years of Continuous Service, plus
	 
	 	 	 	1.0 percent for each of employee’s next 10 years of Continuous Service, plus
	 
	 	 	 	0.6 percent for each year of Continuous Service in excess of 30.

	 	(b)	 	Amount of Supplementary Pension at Normal Retirement. The monthly
Supplementary Pension payable to an eligible employee for Group I benefits who retires
on his normal retirement date under the RPSE shall be determined as the excess, if
any, of (i) over (ii) where:

	 	(i)	 	is the employee’s total Monthly Retirement Income, and

 

3

	 	(ii)	 	is the employee’s retirement benefit composed of the sum of
(A) the Non-Contributory Pension calculated in the manner provided in the
RPSE, (B) theContributory Pension calculated in the manner provided in the
RPSE and (C) the amount of Retirement Contributions made for the Participant
in the Salaried Savings Plan assuming interest credited at 120% of the
Applicable Federal Long-Term Rate (as prescribed under Section 1274(d) of the
Code), compounded monthly, as of the first day of each calendar quarter.

	IV.	 	GROUP II BENEFITS

	 	(a)	 	Amount of Contributory Pension. Contributory Pension shall be equal
to the greater of:

	 	(i)	 	1/12th of an amount equal to 60 percent of the
aggregate contributions made by him under the Plan; or
	 
	 	(ii)	 	an amount equal to the product of

	 	(A)	 	his Adjusted Earnings in excess of his Monthly Base Amount,

multiplied by

	 	(B)	 	2.4 percent for each of his first 10 years of Continuous Service, plus
	 
	 	 	 	1.8 percent for each of his next 10 years of Continuous Service, plus
	 
	 	 	 	1.2 percent for each of his next 10 years of Continuous Service, plus
	 
	 	 	 	0.6 percent for each year of Continuous Service in excess of 30;

	 	 	 	subject, however, to a maximum of 2.2 percent for each year of Continuous
Service if he has less than 15 years of Continuous Service.

	 	(b)	 	Amount of Supplementary Pension at Normal Retirement. The monthly
Supplementary Pension payable to an eligible employee for Group II benefits who
retires on his normal retirement date under the RPSE shall be determined as the
excess, if any, of (i) over (ii) where:

	 	(i)	 	is the employee’s total Monthly Retirement Income, and
	 
	 	(ii)	 	is the employee’s retirement benefit actually determined under the sum of
Non-Contributory and Contributory Pensions calculated in the manner provided in the
RPSE.

	V.	 	AMOUNT OF SUPPLEMENTARY PENSION AT EARLY RETIREMENT

 

4

	 	 	The monthly Supplementary Pension payable to a participant who retires before attaining
normal retirement age under the RPSE shall first be computed in the manner provided by
Section III or IV depending upon the participant’s Group, taking into account only
Continuous Service and Average Earnings to the actual date of early retirement. Such
Supplementary Pension shall then be reduced by 4/10 percent for each entire calendar month
by which the date of retirement precedes the first day of the month next following the
month in which the day preceding the participant’s 62nd birthday occurs.
	 
	VI.	 	AMOUNT OF SUPPLEMENTARY PENSION AT DISABILITY RETIREMENT
	 
	 	 	(Only applies as a Pre-2005 Provision)

The monthly Supplementary Pension payable to a participant who retires on a deferred
disability pension under the RPSE shall be computed in the manner provided by Section III
or IV depending upon the participant’s Group, taking into account only Continuous Service
and Average Earnings to the actual date of disability retirement.
	 
	 	 	AMOUNT OF SUPPLEMENTARY PENSION UPON DISABILITY
	 
	 	 	(Only applies as a Post-2004 Provision)

All Supplementary Pension Post-2004 Benefits will be paid in a lump sum within 90 days
after the Participant becoming disabled.
	 
	 	 	A Participant is disabled if the Participant receives at least twelve months of the
Company’s Long-Term Disability Benefits for Salaried Employees provided that the definition
of disability under such plan remains in compliance with Treasury Regulation Section
1.409A-3(i)(4).
	 
	VII.	 	CALCULATION OF BENEFITS
	 
	 	 	Participants in this Plan designated as Group I participants who
were also participants in this Plan as of June 1, 1988, shall have
their benefits calculated under the Group II benefit program as well
as under the Group I benefit program and shall be entitled to
receive the higher benefit.
	 
	VIII.	 	CHANGE IN SUPPLEMENTARY BENEFIT
	 
	 	 	The retirement benefit provided under this Plan is subject to
reduction after a participant’s retirement based on increases in his
benefits under the RPSE due to Section 415 limit changes. Even
though a change in the supplementary benefit may occur as provided
in this Section, no change will occur to the participant’s aggregate
benefits under this Plan and the RPSE. The Compensation Committee
of the Board of Directors may, in its discretion, add years to a
participant’s years of service for purposes of calculating the
participant’s Supplementary Pension prior to the Participant’s
participation in this Plan.
	 
	IX.	 	OPTIONAL METHODS OF PAYMENT
	 
	 	 	(Only applies as a Pre-2005 Provision)

A Participant may choose to have their Pre-2005 Benefit paid in any
optional form that applies with respect to an employee’s pension
under the RPSE, however, such optional form shall be independently
elected (from the election made for the form of payment for the
benefit under the RPSE) for the Supplementary Pension for which he
may be eligible

 

5

	 	 	under this Plan. His Supplementary Pension shall be
adjusted and paid using the same actuarial factors that would be
used under the RPSE to adjust such comparable option.

	X.	 	SURVIVOR BENEFIT
	 
	 	 	If an eligible employee dies before retirement or other termination of employment and a
regular survivor benefit is payable to his surviving spouse under the RPSE, a regular
survivor benefit shall also be payable to such surviving spouse under this Supplementary
Pension Plan. Any such regular survivor benefit payable under this Plan shall be computed
in the same manner as the regular survivor benefit under the RPSE but shall be based on the
Supplementary Pension payable under this Plan. Any Survivor benefit that is attributable
to Post 2004 Benefits will be paid in a lump sum within 75 days of the Participant’s death.
	 
	XI.	 	PAYMENT OF BENEFITS

	 	(a)	 	All payments shall be made by the Trustee under the Trust Agreement for
Goodyear Supplementary Pension Plan to the extent the assets held by such Trustee are
sufficient to pay Supplementary Pension Benefits hereunder and, to the extent such
assets are not sufficient or in the event the Trustee is precluded from making
payments due to legal requirements or the insolvency of The Goodyear Tire & Rubber
Company or an employer, such payments shall be made by The Goodyear Tire & Rubber
Company from its general assets or by the employer from its general assets.
	 
	 	(b)	 	(only applies as a Pre-2005 Provision)
All Supplementary Pension Pre-2005 Benefits provided for hereunder shall normally
be payable in monthly installments. The provision of the RPSE regarding the dates
of first and last payments of any pension or other amounts payable in installments
shall be applicable to amount payable under this Plan.
	 
	 	 	 	(only applies as a Post-2004 Provision and with respect to Post-2004 Benefits)

All Supplementary Pension Post-2004 Benefits provided for hereunder shall be paid
as a lump sum. Such lump sum payments will be made within 90 days after
separation from service to any Participant who is not a Specified Employee. Any
Participant who is a Specified Employee shall be paid such lump sum on the first
business day that is more than six months following the date of retirement. There
is no adjustment to be made for the amount of the payment due to the six-month
waiting requirement.
	 
	 	(c)	 	(only applies as a Pre-2005 Provision with respect to Pre-2005 Benefits)

During the period beginning 120 days prior to a participant’s retirement and ending
30 days prior to a participant’s retirement, the participant may elect to receive a
lump sum settlement of the Supplementary Pension Benefits payable under this Plan,
subject to the following:

	 	(i)	 	The election to receive a lump sum settlement must meet the
requirements of Article IX of this Plan.
	 
	 	(ii)	 	The election to receive a lump sum settlement must be
approved and accepted by the Pension Board, which shall approve such election
only if

 

6

	 	 	 	it determines, in its sole discretion, that a lump sum settlement is
in the best interests of the participant and his spouse.

	 	(iii)	 	The election to receive a lump sum settlement, once
approved, shall be irrevocable.
	 
	 	(iv)	 	The amount of the lump sum settlement shall be computed by
applying the rate in effect under the RPSE at the time the lump sum settlement
is to be made and the other actuarial assumptions contained in the RPSE in
effect at that time.

	 	(d)	 	An employee’s beneficiary for the purpose of this Plan shall be the beneficiary
designated by him under the RPSE. The provisions of the RPSE with respect to amounts
payable to a surviving spouse or beneficiary and selection of a beneficiary shall apply to
amounts payable under this Supplementary Pension Plan and the selection of a beneficiary
under this Plan.

	XII.	 	ADMINISTRATION OF HOSPITAL INSURANCE TAXES
	 
	 	 	Due to the enactment of the Omnibus Budget Reconciliation Act of 1993, effective January 1,
1994, the benefits payable under this Plan became subject to Hospital Insurance taxes. The
Company reserves the right to administer those taxes pursuant to its good faith
interpretation of the applicable laws and its business judgment. Those taxes may be
withheld from monthly benefits payable hereunder or may be deducted from lump-sum payments
due hereunder. It may be necessary in administering such taxes to calculate the lump-sum
present value of the benefit and pay taxes on such value, regardless of method of payment,
in which event the Participant may be required to pay the applicable taxes at the time they
are deemed to be due, prior to the time full payment of the benefits hereunder is received.
The Company reserves the right to deduct taxes paid by it on the lump-sum present value of
the benefit from monthly benefit payments until recouped if other arrangements are not made
for payment of taxes by the Participant.
	 
	XIII.	 	FORFEITURE OF BENFITS

	 	(a)	 	Entitlement to Supplementary Pension. To be entitled to retire and receive a
Supplementary Pension, a Participant must have attained normal retirement age (age 65)
with five (5) years of service, have thirty years of service or attain age 55 with ten
(10 years) of service. To receive a Supplementary pension for a Disability Retirement
[or, with respect to Post-2004 Benefits, upon becoming disabled] the Participant must
have 10 years of Continuous Service.
	 
	 	(b)	 	Detrimental Conduct. The right of any participant to a benefit under this
Plan will be terminated, or, if payment thereof has begun, all further payments will
be discontinued and forfeited in the event such participant (i) at any time subsequent
to the effective date wrongfully discloses any secret process or trade secret of the
Goodyear Companies, or (ii) engages, either directly or indirectly, as an officer
trustee, employee, consultant, partner, or substantial shareholder, on his own account
or in any other capacity, in a business venture that, within the ten-year period
following his retirement, sells products in competition with products manufactured or
sold by the Goodyear Companies. A participant who applies for a lump sum benefit as
provided under the Plan shall be required at the time of

 

7

	 	 	 	such application to warrant
that such participant will not commit any conduct which would cause a forfeiture of
his benefits and also agree to refund to The Goodyear Tire & Rubber Company his lump
sum benefit in the event his conduct constitutes a forfeiture of benefits as provided
in this Article of the Plan.

	XIV.	 	ADMINISTRATION

	 	(a)	 	The Goodyear Tire & Rubber Company shall be the general administrator of this
Plan. The routine administration of the Plan, except as otherwise provided in Section
XVI, shall be by the Pension Board which shall have authority to make, amend,
interpret and enforce all appropriate rules and regulations for the administration of
the Plan and decide or resolve any and all questions including interpretations of this
Plan, as may arise in connection with this Plan.
	 
	 	(b)	 	In the administration of this Plan, the Pension Board may, from time to time, employ
agents and delegate to them such administrative duties as it sees fit and may from time to
time consult with counsel who may be counsel to the Company.
	 
	 	(c)	 	The decision or action of the Pension Board in respect of any question arising out of
or in connection with the administration, interpretation and application of the Plan and
the rules and regulations thereunder shall be final and conclusive and binding upon all
persons having any interest in the Plan.

	XV.	 	TERMINATION, SUSPENSION OR AMENDMENT

	 	(a)	 	The Board of Directors may terminate, suspend or amend this Plan at any time
or from time to time, in whole or in part subject to the requirements of this Article.
However, no such termination, suspension or amendment shall adversely affect (1) the
benefits of any employee who has theretofore retired or (2) the right of any then
current employee to receive upon retirement, or of his surviving spouse or beneficiary
to receive upon his death, the amount as a Supplementary Pension or survivor benefit,
as the case may be, to which such person would have been entitled under this Plan
prior to its termination, suspension or amendment taking into account the employee’s
Continuous Service and Average Earnings calculated as of the date of such termination,
suspension or amendment; provided, however, that this sentence shall not apply to any
such termination, suspension or amendment certified by the Board of Directors as
having been authorized by them by reason of a finding by said Board that a change has
occurred in the laws (or the interpretation of such laws) applicable to the Company,
this Plan or the eligible employees.
	 
	 	(b)	 	Nothwithstanding the foregoing, no termination or amendment of this Plan may
accelerate payment of Post-2004 Benefits to any Participant except under the following
conditions subject to the mandatory six-month delay for Specified Employees:
	 
	 	 	 	(1) The Company may terminate and liquidate the Plan within 12 months of
a corporate dissolution taxed under section 331, or with the approval of a bankruptcy
court pursuant to 11 U.S.C. §503(b)(1)(A), provided that the amounts deferred under the
Plan are included in the Participants’ gross incomes in the latest of the following
years (or, if earlier the taxable year in which the amount is actually or
constructively received): (a) the calendar year

 

8

	 	 	 	in which the Plan termination and
liquidation occurs; (b) the first calendar year in which the amount is no longer
subject to a substantial risk of forfeiture; or (c) the first calendar year in which
the payment is administratively practicable.

	 	 	 	(2) The Company may terminate and liquidate the Plan pursuant to irrevocable action
taken by the Board of Directors within the 30 days preceding or the 12 months following
a change in control event (as defined in
Treasury Regulation §1.409A-3(i)(5)), provided that this paragraph will only apply to a
payment under a plan if all agreements, methods, programs, and other arrangements
sponsored by the Company immediately after the time of the change in control event with
respect to which deferrals of compensation are treated as having been deferred under a
single plan under Treasury Regulation §1.409A-1(c)(2) are terminated and liquidated
with respect to each Participant that experienced the change in control event, so that
under the terms of the termination and liquidation all such participants are required
to receive all amounts of compensation deferred under the terminated agreements,
methods, programs and other arrangements within 12 months of the date the Company
irrevocably takes all necessary action to terminate and liquidate the agreements,
methods, programs, and other arrangements.
	 
	 	 	 	(3) The Company may terminate and liquidate the Plan, provided that (a) the termination
and liquidation does not occur proximate to a downturn in the financial health of the
Company; (b) the Company terminates and liquidates all agreements, methods, programs,
and other arrangements sponsored by the Company that would be aggregated with any
terminated and liquidated agreements, methods, programs, and other arrangements under
Treasury Regulation §1.409-1(c) if any Participant had deferrals of compensation under
all of the agreements, methods, programs, and other arrangements that are terminated
and liquidated; (c) no payments in liquidation of the Plan are made within 12 months of
the date the Company takes all necessary action to irrevocably terminate and liquidate
the Plan other than payments that would be payable under the terms of the Plan if the
action to terminate and liquidate the Plan had not occurred; (d) all payments are made
within 24 months of the date the Company takes all necessary action to irrevocably
terminate and liquidate the Plan; and (e) the Company does not adopt a new plan that
would be aggregated with any terminated and liquidated plan under Treasury Regulation
§1.409A-1(c) if the same service provider participated in both plans, at any time
within three years following the date the service recipient takes all necessary action
to irrevocably terminate and liquidate the Plan.

	XVI.	 	ADJUSTMENTS IN SUPPLEMENTARY PENSION FOLLOWING RETIREMENT
	 
	 	 	If the Pension payable under the RPSE to any employee is increased
following his retirement as a result of a general increase in the
pension payable to retired employees under this Plan, which becomes
effective after January 1, 1978, the amount of the Supplementary
Pension thereafter payable to such employee under this Supplementary
Pension Plan shall be determined by the Board of Directors. In no
event shall the amount equal to the sum of the employee’s retirement
benefits the employee receives at retirement under the RPSE and
under this Supplementary Pension Plan be reduced by any adjustments
in the supplementary Pension following retirement.

 

9

	XVII.	 	GENERAL CONDITIONS

	 	(a)	 	No pension or other benefit provided under the Plan may be alienated, sold,
transferred, assigned, pledged or encumbered, in whole or in part; nor shall any such
pension or other benefit be subject to any claim of any creditor or to garnishment,
attachment or other legal process; and any attempt to accomplish the same shall be void. All pensions and other benefits shall be payable in United
States dollars.
	 
	 	(b)	 	The adoption and maintenance of the Plan shall not be deemed to constitute a
contract with any employee or to be consideration for, an inducement to, or a
condition of, the employment of any employee. None of the Goodyear Companies shall
have any liability to provide pensions or other benefits under the Plan except as
expressly provided herein, and no employee, unless and until his retirement or other
termination of employment occurs while the Plan is in full force and effect and under
conditions or eligibility for pension or other benefit, shall have any right to a
pension or other benefit under the Plan. Employment rights shall not be enlarged or
affected by reason of any provision of the Plan.
	 
	 	(c)	 	The obligation of the Goodyear Companies under the Plan to provide an
employee or his beneficiary with a Supplementary Pension merely constitutes the
unsecured promise of the Goodyear Companies to make payments as provided herein, and
no person shall have any interest in, or a lien or prior claim upon, any property of
the Goodyear Companies or the Trustee under the Trust Agreement for Goodyear
Supplementary Pension Plan.
	 
	 	(d)	 	Notwithstanding anything to the contrary contained in the Plan, (i) an employee’s right to
a normal retirement pension under the Plan shall be nonforfeitable (except as provided in Section
XIII) upon and after the date he attains his normal retirement age, and (ii) in the event of the
termination or a partial termination of the Plan, the rights of all employees who are affected by
such termination to benefits accrued to the date of such termination, shall be nonforfeitable.
	 
	 	(e)	 	Compliance with Section 409A of the Code. (1) It is intended that the Plan
comply with the provisions of Section 409A of the Code, so as to prevent the inclusion
in gross income of any amounts deferred hereunder in a taxable year that is prior to
the taxable year or years in which such amounts would otherwise actually be paid or
made available to Participants or Beneficiaries. This Plan shall be construed,
administered, and governed in a manner that effects such intent, and the Committee
shall not take any action that would be inconsistent with such intent.
	 
	 	 	 	(2) Although the Committee shall use its best efforts to avoid the imposition of
taxation, interest and penalties under Section 409A of the Code, the tax treatment
of deferrals under this Plan is not warranted or guaranteed. Neither the Company,
the other members of the Affiliated Group, the Board, nor the Committee (nor its
designee) shall be held liable for any taxes, interest, penalties or other monetary
amounts owed by any Participant, Beneficiary or other taxpayer as a result of the
Plan.
	 
	 	 	 	(3) Any reference in this Plan to Section 409A of the Code will also include any
proposed, temporary or final regulations, or any other guidance promulgated with
respect to such Section 409A by the U.S. Department of Treasury or the

 

10

	 	 	 	Internal
Revenue Service. For purposes of the Plan, the phrase “permitted by Section 409A
of the Code,” or words or phrases of similar import, shall mean that the event or
circumstance shall only be permitted to the extent it would not cause an amount
deferred or payable under the Plan to be includible in the gross income of a
Participant or Beneficiary under Section 409(A)(a)(1) of the Code.

	 	 	EXECUTED at Akron, Ohio, this 22nd day of December, 2008.

	 	 	 	 	 
	 	THE GOODYEAR TIRE & RUBBER COMPANY

 	 
	 	By:  	/s/ Joseph B. Ruocco 	 
	 	 	Joseph B. Ruocco 	 
	 	 	Senior Vice President, Human Resources 	 
	 

	 	 	 	 	 
	ATTEST:
	 	/s/ Bertram Bell 	 	 
	 

	 	 

     Bertram Bell
	 	 
	 

	 	     Assistant Secretary

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