Document:

EX-10.2

 Exhibit 10.2 
 EXECUTION VERSION 
 SETTLEMENT AGREEMENT 

EASTMAN BUSINESS PARK 
 THIS SETTLEMENT AGREEMENT, dated as of June 17, 2013 (this “Settlement Agreement”), is entered into by and between Eastman Kodak Company (“Kodak”) and
its affiliated debtors and debtors-in-possession (collectively, the “Debtors”) in case No. 12-10202 (ALG) (the “Bankruptcy Case”) currently pending in the United States Bankruptcy Court for the Southern
District of New York (the “Bankruptcy Court”), the New York State Department of Environmental Conservation (“DEC”), and the New York State Urban Development Corporation d/b/a Empire State Development,
a public benefit corporation of the State of New York (“ESD”) (collectively, the “Parties”). 
 RECITALS 
 A. Kodak’s principal manufacturing facility in New York
State is Eastman Business Park, a 1,200-acre technology center and industrial complex located in Monroe County, New York (the “Park”). 
 B. The Park includes businesses and provides services that are critically important to the economy and general welfare of the City of Rochester, Monroe County, New York, and New York State. It is in the
interest of New York State to encourage the continued operation of the Park as a first class technology center and industrial complex. 
 C. Assuming the implementation of this Settlement Agreement and in consideration of the obligations of the other Parties hereunder, Kodak shall prosecute a chapter 11 plan of reorganization that
contemplates Kodak’s continued (i) operation at the Park for at least ten years with operations including toner manufacturing, pigment milling and dispersion manufacturing, specialty chemical manufacturing and solvent recovery business
lines (the “Kodak Business Lines”), (ii) maintenance at the Park of the research and development functions of the Kodak Technical Center, (iii) utilization of the integrated support systems servicing the Kodak Business
Lines and Kodak Technical Center, (iv) operation of built-in and specially installed equipment which cannot be feasibly relocated, and (v) occupancy and use of a minimum square footage of space at the Park, as its owner or as a tenant on
the terms and conditions set forth herein. 
 D. DEC has filed claims numbers 5775 through 5787 in the Bankruptcy Case (the
“DEC Claims”) and have asserted various hazardous waste permit and corrective permit obligations (“Clean-Up Obligations”) against Kodak as owner and operator of the Park, and the United States has filed related
claim 5609 with respect to historical Kodak discharges to the Genesee River. 
 E. In addition, Kodak has entered into the Asset
Purchase Agreement, dated as of December 21, 2012 (the “Initial Utility Purchase Agreement”), between Kodak and RED-Rochester LLC (“RED”), pursuant to which Kodak will sell to RED utility operations essential
for the continued operation of the Park and RED will acquire such operations and assume certain related liabilities and obligations (the “Utility Purchase”). The consummation of the Utility Purchase is subject to, among other
things, the receipt of certain approvals and/or assurances from DEC and ESD. Each of DEC and ESD has informed Kodak that it is currently unwilling to 

 
provide the necessary approvals and/or assurances to satisfy the conditions to the Utility Purchase without the effectiveness of this Settlement Agreement, the establishment of the Trust (as
defined below) and the amendment of the Initial Utility Purchase Agreement as contemplated hereby. 
 F. The parties wish to
implement the consensual resolution of the DEC Claims and the Clean-Up Obligations, and to facilitate the receipt of the necessary approvals and/or assurances from DEC and ESD to consummate the Utility Purchase, in accordance with the terms of this
Settlement Agreement. 
 G. Kodak and RED are entering into an amendment agreement with respect to the Initial Utility Purchase
Agreement (as amended, the “Amended Utility Purchase Agreement”), pursuant to which RED shall contribute not less than $8,500,000 of the funds necessary to establish the Trust subject to the consummation of the Utility Purchase and
RED shall agree, as a condition of receiving a covenant not to sue from DEC, (i) to Treat Wastewater (as defined below) without cost or expense to the Trust and (ii) that any future transfer of the wastewater treatment center to a party
that does not covenant to Treat Wastewater at no cost or expense to the Trust shall be null and void. 
 H. ESD and RED are
entering into the ESD-RED Agreement (the “ESD-RED Agreement”), after which, upon the consummation of the Utility Purchase and the approval of New York Public Service Commission (“PSC”) in accordance with the laws of
the State of New York, RED shall provide utility and other services at the Park in accordance with the terms and conditions thereof. 
 NOW, THEREFORE, for and in consideration of the mutual covenants and promises of the parties, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the Parties hereby covenant and agree as follows: 
 ARTICLE I 

DEFINED TERMS 
 1.1 Definitions. As used in this Settlement Agreement, capitalized terms defined in the Preamble or Recitals have the meanings specified therein and other capitalized terms have the following
meanings: 
 “Allowed Post-Petition Trust Claim” has the meaning set forth in Article 3.1(c). 

“CERCLA” means the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. §9601 et
seq. 
 “Confidential Information” has the meaning set forth in Article 6.14. 

“DEC Covenant” has the meaning set forth in Article 3.1(d). 

  
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 “DI/PI Lease” has the meaning set forth in Article 4.1. 

“Disclosure Statement” means the Disclosure Statement for Debtors’ Joint Plan of Reorganization Under Chapter 11 of
the Bankruptcy Code, filed on April 30, 2013 [Docket No. 3651], as such disclosure statement may be amended, modified or supplemented in accordance with the terms hereof. 

“EBP Environmental Response Action” means any action by DEC involving the investigation, remediation, corrective action,
closure, and post-closure activities at the Park and in and near the Genesee River that are: (i) required pursuant to the permit issued to Kodak by DEC under the State Resource Conservation and Recovery Act, ECL § 27-0900 et seq. and 6
NYCRR Part 373, (a federally delegated and approved program under the Federal RCRA program, 42 U.S.C. § 6901 et seq.); or (ii) due to conditions giving rise to Kodak’s environmental liabilities in existence prior to the
Effective Date, including without limitation environmental conditions found at the Park that resulted in entry of a DEC Administrative Consent Order (No. R8-1046-95-02) dated February 15, 1996, regarding the Weiland Road Landfill, an inactive
hazardous waste disposal site within the Park identified by DEC, including sites # 8288071; 828074; 828092 and 828082. 

“Effective Date” means the effective date of the Plan. 

“FOIL” has the meaning set forth in Article 6.14. 

“Implementation Date” means the date that is the second business day following the date on which the conditions set
forth in Article 3.2 (other than those conditions that by their nature are to be satisfied at the closing but subject to the fulfillment or waiver of those conditions) have been satisfied or waived, or such other date as the Parties may agree.

 “Kodak EBP Lease Rates” means lease payments of (or otherwise equivalent use and occupancy contributions
equal to) at least $13,000,000 for calendar year 2014, $12,000,000 for calendar year 2015, and $9,000,000 for calendar year 2016, in each case plus all operating costs for the Minimum Kodak Footprint. 

“Minimum Kodak Footprint” means use and occupancy at the Park by Kodak and/or its affiliates, partners, customers, and
suppliers of not less than (i) 5.5 million square feet through 2013, (ii) 4.8 million square feet through 2014, (iii) 4.5 million square feet through 2015, (iv) 4.5 million square feet through 2016, and
(v) 1.8 million square feet for the foreseeable period after 2016 and including 2017, provided that (x) these amounts shall be reduced in connection with divestitures or sales of operations by the corresponding space associated
with such divestitures or sales, and (y) use and occupancy for periods after 2016 are based on current expectations and may change with a material change in circumstances. 

“Plan” means the Joint Chapter 11 Plan of Reorganization of Eastman Kodak Company and its Debtor Affiliates, filed on
April 30, 2013 [Docket No. 3650], as such plan may be amended, modified or supplemented, provided that such amendment, modification or supplementation is consistent with the terms hereof. 

  
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 “RCRA” means the Resource Conservation and Recovery Act, 42 USC § 6901
et seq. 
 “RCRA Corrective Action” means any “corrective action” within the meaning of RCRA
and the regulations thereunder. 
 “Settlement Approval Order” means an order by the Bankruptcy Court approving
the Settlement Motion, in form and substance reasonably satisfactory to the Parties. 
 “Settlement Motion”
means a motion seeking approval of the ESD-RED Agreement and Settlement Agreement pursuant to Rule 9019 of the Federal Rules of Bankruptcy Procedure, in form and substance reasonably satisfactory to the Parties. 

“Treat Wastewater” means treat and discharge at the Park’s wastewater treatment center any leachate and
contaminated groundwater collected as part of any EBP Environmental Response Action. 
 “Trust” has the meaning
set forth in Article 3.1(a). 
 “Trust Agreement” has the meaning set forth in Article 3.1(a). 

“US Covenant Condition” has the meaning set forth in Article 3.2(e). 

ARTICLE II 
 ACTIONS PRIOR TO THE IMPLEMENTATION DATE 
 2.1
Bankruptcy Court Approval. As soon as practicable and in any event within ten days of the date hereof, Kodak shall file the Settlement Motion and shall provide notice of the relief requested in accordance with the case management procedures
in the Bankruptcy Case. Kodak shall use its commercially reasonable efforts to cause the Settlement Approval Order to be entered on prior to the 30th day after the filing of the Settlement Motion. 

2.2 Cooperation on Utility Purchase. ESD shall take actions reasonably appropriate to support consummation of the Utility Purchase
as contemplated by the Amended Utility Purchase Agreement and the ESD-RED Agreement on the Implementation Date, provided that neither ESD nor DEC shall have any obligation to support the Utility Purchase until satisfaction or waiver of the US
Covenant Condition. 
 (a) ESD shall recommend to PSC that it provide appropriate authorizations, consents, permits and approvals
contemplated by the Amended Utility Purchase Agreement and/or the ESD-RED Agreement to be provided by PSC and take all actions reasonably appropriate in connection with the Utility Purchase; and 

  
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 (b) On the Implementation Date, ESD shall enter into definitive documentation with RED
pursuant to which ESD shall provide RED with (i) non-recourse grants of at least $3,600,000, contingent upon closing, and (ii) a loan of not less than $3,500,000 with a term of not less than 20 years and an interest rate of not more than
200 basis points above New York State borrowing costs for similar maturity debt, all of which may be contingent upon acquisition investments and subsequent investments totaling not less than $4,000,000 by RED in efficiency-enhancing improvements at
the utility operations, such loan to be secured by a blanket lien on the assets of RED but not by any guarantee by or lien on any assets of any member or affiliate of RED. 
 2.3 Plan Support. Kodak agrees to use its reasonable efforts to obtain approval of a Disclosure Statement and confirmation of a Plan that is consistent with this Settlement Agreement and the
Minimum Kodak Footprint. So long as the Disclosure Statement and Plan are consistent with this Settlement Agreement and the Minimum Kodak Footprint, each of the DEC and ESD shall (i) not take any other action, directly or indirectly, that could
prevent, interfere with, delay or impede the approval of the Disclosure Statement and confirmation of the Plan; (ii) not, directly or indirectly, vote in favor of, support, solicit, assist, encourage, or participate, in any way, in the
formulation, pursuit, or support of any alternative restructuring or reorganization of the Debtors (or any plan or proposal in respect of the same) other than as contemplated by the Plan; and (iii) in the case of DEC, following approval of the
Disclosure Statement by the Bankruptcy Court and the commencement of solicitation of creditors to approve of the Plan, timely vote or cause to be voted all of the DEC Claims to approve the Plan. 

2.4 Cooperation in United States Discussions. DEC shall provide all information reasonably available and requested by Kodak and
shall not interfere in Kodak’s discussions with the United States regarding the covenant not to sue and contribution protection contemplated by Article 3.2(e). 
 2.5 Joint Public Announcement. The Parties shall agree on a mutually acceptable press release with respect to the execution of this Settlement Agreement. 

ARTICLE III 
 IMPLEMENTATION 
 3.1 Transactions on the Implementation Date. On the
Implementation Date, upon satisfaction of the conditions set forth in Article 3.2: 
 (a) Kodak shall (i) execute and
deliver the Environmental Response Trust Agreement attached as Exhibit A hereto (“the “Trust Agreement”) and establish the environmental response trust contemplated thereby (the “Trust”), (ii) upon
DEC’s instruction, deposit in the Trust all funds presently held in trust for RCRA financial assurances (in a cash amount not less than $22,900,000), (iii) use commercially reasonable efforts to assign to the Trust all available insurance
policies, all existing third-party contracts acceptable to the Trust, all warranties running to the benefit of Kodak, and all rights to reimbursement and/or contribution 

  
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held by Kodak, in each case to the extent relating to any EBP Environmental Response Actions and (iv) transfer and assign to the Trust its interests in personal property, equipment and
fixtures used for performing any EBP Environmental Response Actions on site, including, without limitation, all equipment and fixtures presently used in connection with the RCRA corrective action or collection of contaminated groundwater or leachate
set forth on Schedule 3.1(a) hereto. 
 (b) Subject to the satisfaction or waiver of the applicable conditions in the
Amended Utility Purchase Agreement, at the closing of the Utility Purchase Kodak shall procure that RED directly deposit in the Trust a cash amount of not less than $8,500,000 in satisfaction of RED’s obligations to fund the Trust as set forth
in the Amended Utility Purchase Agreement; 
 (c) DEC shall have an allowed administrative claim under Section 503(b) of the
Bankruptcy Code against Kodak, the payment of which shall be deposited in the Trust (the “Allowed Post-Petition Trust Claim”) in an amount equal to (x) $49,000,000 minus (y) the sum of the amounts made available for
deposit in the Trust by Kodak and RED on the Implementation Date, which Allowed Post-Petition Trust Claim shall be paid as provided in Article 4.3; 
 (d) DEC shall execute and deliver to Kodak a covenant not to sue for EBP Environmental Response Actions or other environmental liabilities associated with current and former parcels of the Park in
existence prior to the Implementation Date in the form attached as Exhibit B hereto (the “DEC Covenant”), it being understood that the DEC Covenant shall not be effective until the Allowed Post-Petition Trust Claim has been
paid in full in cash and deposited in the Trust in accordance with Article 4.3; 
 (e) In full and final settlement of the DEC
Claims, without further action by any Party or the Bankruptcy Court, the DEC Claims shall be allowed by stipulation in the Bankruptcy Case as pre-petition general unsecured claims in the aggregate amount of $11,285,000. 

(f) Kodak shall pay as an allowed administrative expense claim all reasonable and documented attorneys’ fees and expenses, including
but not limited to those fees and expenses paid to their technical consultants, incurred by ESD to Bryan Cave LLP and Knauf Shaw LLP in connection with services provided by such firms to ESD and the New York State Attorney General in connection with
the negotiation, execution, delivery, approval and enforcement of this Settlement Agreement, up to $750,000; and 
 3.2
Conditions to Implementation. The transactions to occur on the Implementation Date are subject to the satisfaction or waiver by each Party of the following conditions precedent: 

(a) the Settlement Approval Order shall have been entered by the Bankruptcy Court and shall not be subject to stay or have been vacated or
reversed; 

  
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 (b) the Utility Purchase shall have been consummated in accordance with the Amended Utility
Purchase Agreement and all conditions precedent to Kodak’s obligations thereunder shall have been satisfied or waived by Kodak; 
 (c) the Amended Utility Purchase Agreement and the ESD-RED Agreement shall be in full force and effect and no amendment shall have been made thereto that is materially adverse to any Party without the
consent of such Party; 
 (d) the Trust Agreement shall have been executed and delivered by the parties thereto and shall be in
full force and effect; 
 (e) unless otherwise waived by Kodak, the United States shall have delivered a covenant not to sue and
contribution protection pursuant to applicable federal environmental law, including without limitation RCRA and Section 113(f)(2) of CERCLA concerning liabilities or potential liabilities to the United States associated with the Park or
historical discharges from the Park to the Genesee River (such condition to implementation the “US Covenant Condition”); 
 (f) ESD and DEC shall have obtained all necessary approvals as legally required; and 
 (g) each Party shall have made the other deliveries and taken the actions contemplated by Article 2.2 and Article 3.1, subject only to the deliveries to be made and the other actions to be taken on the
Implementation Date. 
 3.3 Termination. The obligations of the Parties under this Settlement Agreement shall terminate
upon written notice by any Party at any time on or after July 31, 2013 if the Implementation Date has not occurred at the time of such notice, provided that (a) a termination notice executed and delivered by a Party in material
breach of its obligations under this Settlement Agreement shall not be effective, and (b) the obligations of the Parties under Articles 6.2, 6.7, 6.13 and 6.14 shall survive such termination. 

ARTICLE IV 
 PARTIES’ OBLIGATIONS AFTER IMPLEMENTATION 
 4.1 Minimum Kodak
Footprint. Kodak will prosecute a Plan prior to the Effective Date and, subject to Article 4.2, use and occupy the Park after the Effective Date consistent with the Minimum Kodak Footprint and the terms and conditions of this Settlement
Agreement. In the event that Kodak consummates the previously-announced disposition of its Document Imaging and Personalized Imaging businesses to affiliates of the Kodak Pension Plan, (a) Kodak shall enter into one or more leases with the new
owners and operators of such businesses pursuant to which the tenants will lease at least 300,000 square feet within building 205 for a period of five or more years (with at least three years committed) on such terms as Kodak and the tenants may
agree (the “DI/PI Lease”) and (b) the Minimum Kodak Footprint shall be reduced accordingly. 

  
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 4.2 Sale of the Park. With respect to any sale or disposition of all or substantially
all of Kodak’s ownership interests in the Park: 
 (a) such sale or disposition shall be subject to the DI/PI Lease, which
shall continue to reflect the applicable requirements of Article 4.1; 
 (b) the purchase contract shall require the purchaser to
enter into a lease or leases with Kodak for Kodak’s continued occupancy and use of the Park on terms reasonably acceptable to ESD consistent with the Minimum Kodak Footprint (as reduced in accordance with Article 4.1) at the Kodak EBP Lease
Rates through 2016, and thereafter, on terms reasonably acceptable to ESD, unless ESD otherwise agrees; 
 (c) each of ESD and
Kodak shall work together in good faith and take such actions as the other may reasonably request to ensure that: (i) the purchaser enjoys the benefit of the Trust, the DEC Covenant and all of the undertakings of ESD set forth in this
Settlement Agreement and (ii) in the case of a sale of all or substantially all of Kodak’s ownership interests in the Park; (x) the purchaser is creditworthy, responsible and has the competence, commitment and financial ability to
maintain and improve the Park to attract and retain leading technological and industrial tenants; and (y) such sale is an arms-length market transaction and shall not result in a material adverse impact on the remaining tenants at the Park;

 (d) in the case of a sale of all or substantially all of Kodak’s ownership interest in the Park, such sale shall be
subject to the reasonable approval of ESD that the purchaser meets the standards described in Articles 4.2(c)(ii) and 4.4; and 

(e) ESD and DEC shall be third-party beneficiaries of the purchaser’s post-closing obligations under any such sale or disposition
agreement. 
 4.3 Allowed Post-Petition Trust Claim. 

(a) The Allowed Post-Petition Trust Claim (i) shall not bear interest and (ii) shall be prepayable by Kodak in cash in whole or
in part at any time. 
 (b) The Allowed Post-Petition Trust Claim is personal to the Trust and not transferrable without the
prior written consent of Kodak, which consent Kodak may withhold in its sole discretion, and any transfer without such consent shall be null and void. 
 (c) The Plan shall provide that the Allowed Post-Petition Trust Claim shall be paid in cash on or prior to the Effective Date. 

  
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 4.4 Ongoing Cooperation. With respect to a sale or disposition of any ownership
interest in the Park from Kodak after the date hereof (other than to RED), the purchase contract shall require the purchaser to: 

(a) provide all commercially reasonable ongoing cooperation with DEC and the Trustees of the Trust so that the EBP Environmental Response
Actions are performed as efficiently and cost effectively as practicable; 
 (b) solely to the extent the sale or disposition
relates to an ownership interest in wastewater utilities at the Park, Treat Wastewater without cost or expense to the Trust and agree that any future transfer of an ownership interest in wastewater utilities at the Park to a party that does not
covenant to Treat Wastewater at no cost or expense to the Trust shall be null and void; 
 (c) (i) retain and maintain for a
reasonable period of time all records, files and information in its possession with regard to the implementation of EBP Environmental Response Actions; (ii) promptly, upon request, allow DEC and the Trust reasonable access to such records,
files and information (including, without limitation, but subject to applicable privacy rules, any information on file regarding contractors, consultants and prior employees); and (iii) provide DEC and the Trust with reasonable access upon
advanced written notice to real property or facilities for the portions of the Park under their control as necessary to implement, manage and perform EBP Environmental Response Actions; 

(d) provide DEC with reasonable access to the real property, facilities, information and records reasonably necessary to the conduct of
EBP Environmental Response Actions at the Park; 
 (e) take all commercially reasonable measures to cooperate with any action by
DEC in response to conditions giving rise to EBP Environmental Response Actions at the Park; 
 (f) maintain existing
institutional and engineering controls at the Park and, in the event Kodak or such purchaser modifies any surface feature in a manner that adversely affects DEC’s actions at the Park or institutional or engineering controls at the Park,
cooperate with DEC and, at Kodak or such purchaser’s cost and expense, establish any controls reasonably required in connection with such modifications; and 
 (g) provide, in the case of Kodak or any purchaser that has acquired all or substantially all of Kodak’s ownership interests in the Park after the date hereof, (i) ESD with an annual statement
indicating Kodak’s expected annual occupancy costs and utility usage at the Park for three years following the Implementation Date, with each statement to be provided not later than the anniversary of the Implementation Date, and (ii) ESD
and DEC with such other information concerning the Park as they reasonably request, including projected occupancy and utilization needs at the Park in form and substance reasonably acceptable to ESD and DEC. 

4.5 Information Sharing. Subject to Article 6.14, Kodak and DEC acknowledge and agree that information related to EBP
Environmental Response Actions may be shared, in either party’s discretion, and subject to advance written notice and reasonable confidentiality undertakings, with other parties having an interest in the Park or the performance of the EBP
Environmental Response Actions, including without limitation, Park purchasers and tenants, the City of Rochester, Monroe County, New York State, and the U.S. Environmental Protection Agency. 

  
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 4.6 DEC Cooperation. Before undertaking any material modification to projected EBP
Environmental Response Actions, DEC shall give notice of such modification to Kodak and any future Park owners and thereby provide the opportunity to review and comment. DEC agrees to review and consider in good faith any comments submitted by Kodak
and any future Park owners concerning such proposed modifications. 
 4.7 Limitation on Trust and DEC’s Obligations.

 (a) Neither DEC nor the Trust shall be responsible for costs associated with (i) building demolition and/or site
redevelopment at the Park (including without limitation, abatement of any asbestos; lead-based paint; urea formaldehyde insulation; polychlorinated biphenyls or mercury above-ground or in structures; construction, including de-watering during
construction; soil management or other reconfiguration of surface features); or (ii) operation, maintenance, replacement or retirement of the power plant, the wastewater treatment plant or any other utilities. All such obligations and
responsibilities shall be performed by the owner of the applicable portion of the Park (or on its behalf by an operator of the Park), or by RED with respect to its utility operations and their successor and assigns, and Kodak shall assure that such
obligations are assigned to and assumed by such owner or by RED, as the case may be, to the extent required by applicable law. 

(b) Neither DEC nor the Trust shall be responsible for personal injury claims (i) based upon hazardous substances, hazardous waste,
pollutants or petroleum products alleged to have been used or disposed of by Kodak, or otherwise emanating, or which have emanated from, the Park prior to the Implementation Date or (ii) with respect to exposures relating to aboveground
structures or activities following the Implementation Date. 
 (c) The Trust shall not be responsible for any environmental
remediation at any location used or alleged to have been used by Kodak other than (i) locations currently or formerly part of the Park or (ii) impacts arising out of historical discharges to the Genesee River for treatment, storage or
disposal. Any responsibility under applicable law for such environmental remediation shall be retained by Kodak and Kodak shall indemnify, defend and hold DEC and the Trust harmless from all damages and claims, including reasonable attorneys’
fees and expenses, arising out of, or connected with, the foregoing. 
 4.8 Sterling 2 and 3 Sites. Nothing herein shall
alter Kodak’s rights or responsibilities concerning implementation of the records of decision in accordance with the applicable consent orders governing the Sterling 2 site (registry site #442010, Order on Consent #
A4-0344-9607, dated January 28, 1997 and Record of Decision dated March 28, 1996) or the Sterling 3 site (registry site # 442011, Orders on Consent #A4-0281-9204 and A4-0624-08-09, dated March 29, 1994 and August 5,
2010 and Records of Decision dated March 31, 1992 and March 30, 2009, as well an Explanation of Significant Difference, issued on July 26, 2000). 

  
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 ARTICLE V 

THE TRUST 

5.1 Purpose of Trust. The purpose of the Trust shall be to provide funds to allow DEC to implement such EBP Environmental Response
Actions as DEC deems reasonable and necessary, including investigation, environmental remediation, corrective action, post-closure care, operation and maintenance or monitoring at the Park and the Genesee River due to hazardous substances, hazardous
waste, pollutants or petroleum products disposed of at, or otherwise emanating from, or which have emanated or been discharged from, the Park. Subject to Article 4.6 (DEC Cooperation), DEC shall have the right, in its sole discretion, and without
approval from Kodak or any third party, including any third party who takes any interest in the Park from Kodak, to direct the EBP Environmental Response Actions, including selection of trustees, any remedy and contractor(s) and consultant(s).
Except as necessary to respond to an imminent and substantial risk to public health or the environment, DEC shall (a) undertake EBP Environmental Response Actions in a manner that does not result in any material disruption to current and
planned commercial activities at the Park and (b) work with owners and tenants at the Park in good faith to minimize disruptions and any material adverse impacts to the continued use of the Park as a technology center and industrial complex.

 5.2 Residual Trust Funds. Any funds remaining in the Trust upon completion of all required EBP Environmental Response
Actions shall be distributed to DEC to be used for any lawful purpose in DEC’s sole discretion. 
 5.3 DEC
Oversight. DEC shall have oversight of the Trustees and Trust activities for funding expenditures, operating expenses, monitoring, testing and remediation costs, selection of contractors, selection of consultants, and all related matters. In
order to assure implementation of the purposes of the Trust as set forth in Article 5.1 (Purpose of Trust) above, DEC shall have the right, in its sole discretion, to direct and fund from the Trust EBP Environmental Response Actions or to elect to
perform corrective action activities at the Park itself using Trust funds. 
 5.4 Trust Accounting. The Trust shall
provide Kodak with an annual accounting. Upon reasonable request, but not more frequently than annually, DEC or the Trust shall provide a report to Kodak and any future Park owners which outlines EBP Environmental Response Actions completed in the
preceding year and includes a projection of EBP Environmental Response Actions planned for the next year. 
 ARTICLE VI

 ADDITIONAL PROVISIONS 
 6.1 Notices. All notices or other communications pursuant to this Settlement Agreement shall be in writing and shall be deemed valid and sufficient if delivered by personal service or overnight
courier or if dispatched by registered mail, postage prepaid, or, if dispatched by electronic mail, promptly confirmed by letter dispatched as above provided, addressed as follows: 

  
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 If to: Kodak 
 Eastman Kodak Company 
 343 State Street 

Rochester, New York 14650 
 Attn: General Counsel 
 With a copy (which shall not constitute notice) to:

 Sullivan & Cromwell LLP 
 125 Broad St. 
 New York, New York 10004 

Attn: Andrew G. Dietderich 
 If to: ESD 
 Empire State Development 

633 Third Avenue, 37th Floor 
 New York, New York 10017 
 Attn: President and CEO 

Attn: General Counsel 
 With a copy (which shall not constitute notice) to: 
 Bryan Cave LLP 

1290 Avenue of the Americas 
 New York, New York 10104 
 Attn: Lloyd Palans, Esq. 

If to: DEC 

New York State Department of Environmental Conservation 
 625 Broadway 
 Albany, New York 12233-1500 

Attn: General Counsel 
 Any party may change its address by notice to the others given in the manner set forth above. Notices and other communications rendered as herein provided shall be deemed to have been given when received.

  
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 6.2 Entire Agreement. This Settlement Agreement constitutes the entire agreement
between the Parties with respect to the subject matter addressed herein and supersedes any prior written and/or verbal agreements. 
 6.3 Amendments. This Settlement Agreement may only be modified in a writing signed by all of the Parties. 
 6.4 Headings. All headings and captions in this Settlement Agreement are for convenience only and shall not be interpreted to enlarge or restrict the provisions of the Settlement Agreement.

 6.5 Construction. As used herein, (a) the plural shall include the singular, and the singular shall include the
plural, unless the context or intent indicates to the contrary and (b) unless otherwise specified, references to agreements, orders and other documents are references to the same as they may be amended from time to time. 

6.6 Waiver and Modification. The failure of the Parties to insist, in any one or more instances, upon the strict performance of
any of the covenants of this Settlement Agreement, or to exercise any option herein contained, shall not be construed as a waiver, or a relinquishment for the future, of such covenant or option, but the same shall continue and remain in full force
and effect. 
 6.7 Jurisdiction. The Parties (a) agree to submit to the jurisdiction of the Bankruptcy Court and the
Federal Courts in the Southern District of New York and the state courts of the State of New York, as applicable, for purposes of all legal proceedings arising out of, or in connection with, this Settlement Agreement (provided that permitting or
other matters not arising out of or in connection with Bankruptcy Court approval of this Settlement Agreement shall be heard in the state courts of the State of New York); (b) waive and agree not to assert any objection that it may now or
hereafter have to the laying of the venue of such action brought in any such court or any claim that any such action brought in such court has been brought in an inconvenient forum; (c) agrees that the mailing of process or other papers in
connection with any such action or proceeding in the manner provided in Article 6.1 or any other manner as may be permitted by law shall be valid and sufficient service thereof; and (d) agrees that a final judgment in any such action or
proceeding shall be conclusive and may be enforced in any other jurisdictions by suit on the judgment or in any other manner provided by applicable law. 
 6.8 Counterparts and Facsimile Signatures. This Settlement Agreement may be executed in counterparts and all such counterparts when so executed shall together constitute the final Settlement
Agreement as if one document had been signed by all of the Parties. This Settlement Agreement may be executed by e-mail copy and each signature thereto shall be and constitute an original signature, as if all Parties had executed a single original
document. 
 6.9 Further Necessary Actions. To the extent that any document is required to be executed by any Party to
effectuate the purposes of this Settlement Agreement, the Party will execute and deliver such document or documents to the requesting Party. 

  
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 6.10 Jointly Drafted. This Settlement Agreement is, and shall be deemed to be, the
product of joint drafting by the parties hereto and shall not be construed against any of them as the drafter hereof. 
 6.11
Time is of the Essence. Time shall be of the essence with respect to each and every of the various undertakings and obligations of the Parties as set forth in the Settlement Agreement. 

6.12 Successors and Assigns. All rights and obligations of the Parties hereunder shall inure to the benefit of and shall bind
their respective successors and assigns, and specifically, this Settlement Agreement shall be binding upon Kodak and its reorganized successors pursuant to the terms of Kodak’s plan of reorganization as approved by the Bankruptcy Court. Kodak
may assign its rights and obligations under this Settlement Agreement in whole or in part to any purchaser of all or substantially all of Kodak’s ownership interests in the Park that assumes Kodak’s obligations hereunder and, upon and
after such assignment and assumption, Kodak shall be released from its obligations hereunder. Upon request of Kodak, the Parties will execute and deliver documents evidencing any such assignment and assumption. 

6.13 No Third-Party Beneficiaries. Nothing in this Settlement Agreement, expressed or implied, is intended to confer upon any
party other than the parties hereto any rights, remedies, obligations or liabilities under or by reason of this Settlement Agreement or the settlement effectuated hereby. 
 6.14 Confidentiality. This Settlement Agreement and information supplied to any Party in connection with this Settlement Agreement or otherwise that is marked “Confidential” contains
confidential information (“Confidential Information”) some of which may fall within the scope of Section 87(2)(d) of the Public Officers Law (“FOIL”). If any Party receives Confidential Information it agrees to
hold such Confidential Information in the strictest confidence, except to the extent required to be disclosed by law, regulation, judicial or administrative process. Should ESD or DEC receive a FOIL request seeking Confidential Information, it shall
give Kodak prior written notice and the opportunity to explain in more detail why the document is subject to an exception to disclosure under FOIL. 
 6.15 Court Approval. The Parties’ obligations hereunder are not effective unless and until approved by the Bankruptcy Court. 

[SIGNATURE PAGE FOLLOWS] 

  
 -14-

 IN WITNESS WHEREOF, the parties hereto by their authorized representatives have executed
this instrument on the date set forth above. 
  

			
	NEW YORK STATE URBAN DEVELOPMENT CORPORATION, d/b/a EMPIRE STATE DEVELOPMENT
		
	By:	 	 /s/ Kenneth G. Adams

		 	Name: Kenneth G. Adams
		 	Title:   President and CEO
	
	THE NEW YORK STATE DEPARTMENT OF ENVIRONMENTAL CONSERVATION
		
	By:	 	 /s/ Edward F. McTiernan

		 	Name: Edward F. McTiernan
		 	 Title:   Deputy Commissioner and
             General Counsel

		 	
	
	 EASTMAN KODAK COMPANY
 On behalf of itself and its affiliated debtors and debtors-in-possession

		
	By:	 	 /s/ Antonio M. Perez

		 	Name: Antonio M. Perez
		 	Title:   Chairman and CEO

 [Signature Page to Settlement Agreement] 

  
 -15-

 EXHIBIT A 
 Trust Agreement 

 ENVIRONMENTAL RESPONSE 

TRUST FUND AGREEMENT 
 By and Among 
 Eastman Kodak Company and its

 Affiliated Debtors and Debtors-in-Possession in Bankruptcy Case No. 12-10202 

As Settlors 
 And 
 The Commissioner of the New York State Department of

 Environmental Conservation 
 As Environmental Response Trust Beneficiary and Powers and Rights Holder 
 on Behalf of the Department 
 Dated: June
    , 2013 

  

 This ENVIRONMENTAL RESPONSE TRUST FUND AGREEMENT (“Trust Agreement”), is
entered into this      day of June    , 2013, by and among Eastman Kodak Company, a New Jersey corporation, and its Affiliated Debtors and Debtors-in-Possession in Bankruptcy Case No. 12-10202
(“Kodak” or “Settlor”) and the Commissioner of the New York State Department of Environmental Conservation, as Environmental Response Trust Beneficiary and Powers and Rights Holder on Behalf of the Department of Environmental
Conservation (collectively “DEC” or “Beneficiary”). 
 WHEREAS, Settlor’s principal
manufacturing facility in New York State is Eastman Business Park, a 1,200-acre technology center and industrial complex located in at 1669 Lake Avenue, in the City of Rochester and Town of Greece, Monroe County, New York (“EBP”). EBP
covers more than 1,100 acres and includes more than 125 manufacturing buildings, 30 miles of roads, power generation facilities for steam and electricity, an industrial sewer system linked with the Kings Landing Treatment Facility, a sewer system
linked to the Monroe County Sewage Treatment Facility, railroad infrastructure, fire department, water treatment facilities, a hazardous waste incinerator, and on-site landfills used for disposal of commercial and industrial wastes, including
hazardous wastes; and 
 WHEREAS, on January 19, 2012, Settlor filed for bankruptcy protection pursuant to Chapter
11 of the United States Bankruptcy Code, 11 USC § 101 et seq. in the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”); and 

WHEREAS, on or about April 23, 2013, Settlor filed with the Bankruptcy Court a Disclosure Statement (the “Disclosure
Statement”) For Debtors’ Joint Plan Of Reorganization Under Chapter 11 Of The Bankruptcy Code (the “Plan of Reorganization”) and the Plan Of Reorganization (which may be amended, modified and supplemented from time to time); and

 WHEREAS, Settlor’s operations at EBP as set forth in the Settlement Agreement and are and will be subject to
regulation and enforcement by DEC pursuant to, inter alia, various articles of the New York State Environmental Conservation Law (“ECL”) and underlying regulations; and 

WHEREAS, Settlor has certain environmental compliance obligations at and in the vicinity of EBP that they wish to resolve; and

 WHEREAS, on or
about                    2013, Settlor, DEC, and the New York State Urban Development Corporation, doing business as Empire State Development
(“ESD”), a public benefit corporation of the State of New York, entered into the Settlement Agreement dated                    , 2013, and
attached hereto as Appendix B (the “Settlement Agreement”), pursuant to which Settlor has agreed, upon approval of the Bankruptcy Court Order approving the Settlement Agreement and upon the occurrence of certain conditions, to
establish and fund the Trust (as defined below) in the amount of forty-nine million dollars ($49,000,000) for the purpose of resolving certain of their ongoing environmental compliance obligations at and in the vicinity of EBP; and 

 WHEREAS, DEC has agreed to accept establishment and full funding of the Trust as full
settlement of Settlor’s RCRA EBP Environmental Response Actions (as defined below) requirements for the “Pre-Existing Environmental Liabilities” and to provide a covenant not to sue in substantially the same form as the Covenant Not
to Sue that is attached hereto as Appendix A (the “DEC Covenant”); and 
 WHEREAS, the Settlement
Agreement and Settlor’s Plan of Reorganization provide for the execution of the Settlement Agreement and this Trust Agreement, and the creation of the Trust to be administered by the Beneficiary and the Trustee (each as defined below); and

 WHEREAS, this Trust Agreement and the Settlement Agreement shall govern the Trust; 

NOW, THEREFORE, Settlor and the Beneficiary, in consideration of the foregoing premises and the mutual covenants and agreements
contained herein and in the Settlement Agreement, agree as follows: 
 6.15 Definitions. As used in this Trust Agreement,
capitalized terms defined in the Preamble or Recitals have the meanings specified therein and other capitalized terms have the following meanings: 
 6.15.1 The term “Beneficiary” means the Commissioner of the New York State Department of Environmental Conservation on behalf of DEC, or the Commissioner’s duly appointed designee, as
Environmental Response Trust Beneficiary and Powers and Rights Holder. 
 6.15.2 The term “Commissioner” means the
Commissioner of the DEC, or the Commissioner’s duly appointed designee. 
 6.15.3 The term “Trustee” means the
trustee of the Trust proposed by the Settlors and approved by the Beneficiary in accordance with the requirements of this Agreement, and any successor trustee. 
 6.15.4 The term “Effective Date” means the date set forth in Settlor’s Plan of Reorganization and in the order confirming the Plan by the Bankruptcy Court. 

6.15.5 The term “ Environmental Response Actions” means the investigation, remediation, corrective action, closure, and
post-closure activities at EBP and in and near the Genesee River that are: (i) required pursuant to the permit issued to Kodak by DEC under the State Resource Conservation and Recovery Act, ECL § 27-0900 et seq. and 6 NYCRR Part 373, (a
federally delegated and approved program under the Federal RCRA program, 42 U.S.C. § 6901 et seq.); or (ii) due to conditions giving rise to Kodak’s environmental liabilities in existence prior to the Effective Date, including
without limitation environmental conditions found at EBP that resulted in entry of a DEC Administrative Consent Order (No. R8-1046-95-02) dated February 15, 1996, regarding the Weiland Road Landfill, an inactive hazardous waste disposal sites
within EBP identified by DEC, including sites # 8288071; 828074; 828092 and 828082. 
 6.16 Purpose of the Trust, Construction
and Interpretation. 

  
 2 

 6.16.1 The purposes of the Trust is to conduct, manage and/or fund Environmental Response
Actions in accordance with the provisions of this Trust Agreement. 
 6.16.2 The Trust is hereby created as a qualified
settlement fund within the meaning of, and pursuant to, Subchapter A, Section 1.468B-1 of the United States Treasury Regulations promulgated under the Internal Revenue Code. 

6.16.3 Where the provisions of this Trust Agreement or the Settlement Agreement conflict with or are irreconcilable with the provisions
of the Plan of Reorganization, the terms of this Trust Agreement and the Settlement Agreement shall govern. The provisions of this Trust Agreement shall be interpreted in a manner consistent with the Settlement Agreement. 

6.16.4 The Trust has no objective to engage in any trade or business and shall not be deemed to be engaging in any trade or business. The
Trustee shall have no authority to engage in any trade or business. The performance by the Trustee of its duties under this Trust Agreement and the Settlement Agreement shall not be considered to be the engagement in a trade or business. 

6.17 Establishment of Trust. Settlor hereby establishes an environmental trust fund (the “Trust”) for the benefit of the
Commissioner on behalf of DEC, and for the benefit of the Commissioner of the United States Environmental Protection Agency (“EPA”) on behalf of EPA, as secondary beneficiary (the “Secondary Beneficiary”), pursuant
to this Trust Agreement and the Settlement Agreement. As of the Effective Date, Settlor shall appoint a Trustee acceptable to the Beneficiary who shall have all the rights, powers and duties set forth herein and in the Settlement Agreement with
respect to accomplishing the purpose of the Trust, as set forth below. Settlor and the Trustee intend that DEC shall have the authority to determine appropriate Environmental Response Actions and approve funding for such actions through the Trustee.

 6.18 Transfer of Funds to the Environmental Response Trust. The Settlors shall fund the Environmental Response Trust Fund in
the amount of forty-nine million dollars ($49,000,000) as set forth in the Settlement Agreement. 
 6.19 Funding and
Disbursements for Environmental Response Actions. 
 6.19.1 DEC shall have the right, in its sole discretion, and without
approval from any third-party including the Settlor or any third-party who takes any interest in EBP from the Settlor, to direct Environmental Response Actions, including but not limited to the selection and/or termination of a Trustee; the
evaluation and selection of any remedy, or implementation of any corrective action, closure and/or post closure activities within the meaning of 6 NYCRR Part 373; and the selection and/or termination of contractor(s) and/or consultant(s). Trust
funds shall be used exclusively to fund Environmental Response Actions and for no other purpose. 
 6.19.2 The Trustee shall
within 15 days of a duly issued written directive from the Commissioner make payment from the Fund to provide for the payment of the costs incurred and covered by this Trust Agreement and the Settlement Agreement. The Trustee shall reimburse DEC or
such other persons as specified by the Commissioner from the Trust Fund for the expenditures of such covered Environmental Response Actions in such amounts as the Commissioner directs. 

  
 3 

 6.19.3 The Trustee shall have the obligation to provide written confirmation to the
Commissioner or his designee and to the Secondary Beneficiary of all payments/disbursements directed to be made by the Commissioner. 
 6.19.4 The Trust shall not be responsible for any costs associated with: (i) building demolition and/or site redevelopment at EBP (including but not limited to abatement of any asbestos; lead based
paint; urea formaldehyde insulation; PCBs; or mercury; or construction, including de-watering during construction; soil management or other reconfiguration of surface features); or (ii) operation, maintenance, replacement or retirement of the
waste water treatment plant and power plant, including boilers, electric-generating steam turbines, air compressors, nitrogen system, steam turbine, motor driven refrigeration units and related distribution systems and piping; the demineralized
water plants, high purity water treatment plant, wastewater purification plant, water intakes, reservoirs and cooling towers, pumping stations, filtration and treatment equipment, nitrogen generation system, and liquid nitrogen vaporization system
and related distribution systems and piping; or any other assets used to provide utility services. The Trust shall have no liability for the real property located at EBP; title to EBP real property shall be retained by the Settlor and/or any third
party to which the Settlor sells or transfers such real property. 
 6.20 Trustee, Authority and Management. The Trustee shall
have the authority to invest and reinvest the principal and income of the Trust in demand and time deposits, such as certificates of deposit, in banks or other savings institutions whose deposits are federally insured, or other liquid investments,
such as U.S. Treasury bills, or such other investment as approved by DEC, and shall keep the Trust invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the
DEC may communicate in writing to the Trustee from time to time, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the Trust, the Trustee shall discharge his or her duties with respect
to the trust fund solely in the interest of the Beneficiary and the Secondary Beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar
with such matters, would use in the conduct of an enterprise of a like character and with like aims, except that nothing in this Section 6 shall be construed as authorizing the Trustee to cause the Trust to carry on any business or to
derive any gains there from, including without limitation, the business of an investment company, or a company “controlled” by an “investment company,” required to register as such under the Investment Company Act of 1940, as
amended. The sole purpose of this Section 6 is to authorize the investment of the funds in the Trust or any portions thereof as may be reasonably prudent pending use of the proceeds for the purposes of the Trust. 

6.21 Beneficiary and DEC Authority, Rights and Powers. The Beneficiary shall have the authority in its discretion to retain or terminate
the Trustee, or any contractor and/or consultant; to conduct audits of the Trust; to receive copies of all payments and disbursements from the Trust and all Trust bank statements and records. The Trustee shall provide any information requested by
the Beneficiary or his designee, or by the Secondary Beneficiary, within ten days of such request. 

  
 4 

 6.22 Residual Funds. Any funds remaining in the Trust upon completion of all required
Environmental Response Actions shall be distributed to DEC to be used for any lawful purpose within DEC’s sole discretion; it being understood that the determination of whether all required Environmental Response Actions have been completed
shall be made jointly by DEC and EPA. 
 6.23 Trust Fund Expenses. All commissions and fees incurred by the Trustee in
connection with the administration of the Trust, the compensation of the Trustee, and all of the proper charges and disbursements of the Trustee shall be paid from the Trust. With respect to any litigation by the Trustee on behalf of the Trust to
exercise any right to reimbursement and/or contribution assigned by Kodak to the Trust pursuant to section 3.1(a)(iii) of the Settlement Agreement, the Trustee shall obtain the written consent of the Beneficiary prior to initiating such litigation.

 6.24 Annual Valuation. The Trustee shall annually, at least 30 days prior to the anniversary date of establishment of the
Trust, furnish to Settlor, to the Commissioner and to the Secondary Beneficiary a statement confirming the value of the Trust and an accounting of all disbursements, fees and income of the Trust for the year. Any securities in the Trust shall be
valued at market value as of no more than 60 days prior to the anniversary date of the establishment of the Trust. Upon reasonable request, but not more frequently than annually, DEC or the Trustee shall provide a report to the Settlors and any
future EBP owners which outlines Environmental Response Actions completed in the preceding year and includes a projection of Environmental Response Actions planned for the next year. 

6.25 Advice of Counsel. Trustee may from time to time, and with the written permission of the Commissioner, which permission shall not be
unreasonably withheld, consult with counsel approved by DEC with respect to any question arising as to the construction of this Trust Agreement or any action to be taken hereunder. The Trustee shall be fully protected, to the extent permitted by
law, in acting upon the advice of counsel, but in no event shall the Trustee assert any attorney-client or other privilege as to the Beneficiary. 
 6.26 Trustee Compensation. The Trustee shall be entitled to reasonable compensation for its services and reimbursement of expenses as agreed upon in writing by the Commissioner, and such compensation
shall be paid out of the Trust. 
 6.27 Removal of Trustee; Successor Trustee. The Trustee may resign but only upon sixty 60
days written notice to DEC and to the Secondary Beneficiary. In no event shall such resignation be effective until DEC has appointed a successor Trustee, who accepts such appointment and is provided no less than ten (10) business days to confer
with the resigning Trustee regarding Trust operations. DEC may terminate and/or replace the Trustee in its sole discretion. Any successor Trustee shall have the same powers and duties as those conferred upon the Trustee pursuant to this Trust
Agreement and the Settlement Agreement. Upon a successor Trustee’s acceptance of the appointment, the Trustee shall assign, transfer, and pay over all documents and information to the successor trustee regarding the Trust. If for any reason DEC
cannot or does not act in the event of the resignation of the Trustee, the Trustee may apply to a court of competent jurisdiction for the appointment of a successor Trustee or for relief or instruction. Any expenses incurred by the Trustee as a
result of any of the acts contemplated by this section shall be paid as provided in this Trust Agreement. 

  
 5 

 6.28 Instructions to the Trustee. All orders, requests, and instructions by DEC to the
Trustee shall be in writing, signed by such persons as are designated in the attached Appendix C or such other designees as the Commissioner may designate in writing to the Trustee. The Trustee shall act and shall be fully protected in acting
without inquiry in accordance with DEC’s orders, requests, and instructions. The Trustee shall have the right to assume, in the absence of written notice to the contrary, that no event constituting a change or a termination of the authority of
any person to act on behalf of the Commissioner hereunder has occurred. The Trustee shall have no duty to act in the absence of such orders, requests, and instructions from the Commissioner except as provided for herein. 

6.29 Amendment of Trust Agreement. This Trust Agreement may be amended in a manner not materially adverse to Kodak or any EBP Party (as
defined in the DEC Covenant) by an instrument in writing executed by the Trustee and the Commissioner. 
 6.30 Irrevocability
and Termination. Subject to the right to amend this Trust Agreement as provided in Section 15 hereof, this Trust shall be irrevocable and shall continue until terminated at the written notice of the Commissioner. Upon termination of the Trust,
all remaining trust property, less final trust administration expenses, shall be delivered to DEC. 
 6.31 Immunity and
Indemnification. The Trustee shall not incur personal liability of any nature in connection with any act or omission, made in good faith, in the administration of the Trust, or in the carrying out of any directions by DEC issued in accordance with
this Trust Agreement. 
 6.32 Choice of Law. This Trust Agreement shall be administered, construed, and enforced according to
the laws of the State of New York. 
 6.33 Interpretation. As used in this Trust Agreement, words in the singular include the
plural and words in the plural include the singular. The descriptive headings for each section of this Trust Agreement shall not affect the interpretation or the legal efficacy of this Trust Agreement. 

[SIGNATURE PAGE FOLLOWS] 

  
 6 

 IN WITNESS WHEREOF the parties have caused this Trust Agreement to be executed by
their respective officers duly authorized and their corporate seals to be hereunto affixed and attested as of the date first above written. The parties below certify that the wording of this Agreement is identical to the wording specified in 6 NYCRR
373-2.8(j)(1) as such regulations were constituted on the date first above written. 
  

	
	EASTMAN KODAK COMPANY
	
	_________________________ 
	[Name and Title]

 ATTEST: 
 _________________________ 
 [Name and Title] 

 

	
	COMMISSIONER OF THE NEW YORK STATE DEPARTMENT OF
ENVIRONMENTAL CONSERVATION, AS ENVIRONMENTAL RESPONSE TRUST BENEFICIARY AND POWERS AND
RIGHTS HOLDER ON BEHALF OF THE DEPARTMENT OF ENVIRONMENTAL CONSERVATION
	
	_________________________ 
	[Name and Title]

 ATTEST: 
 _________________________ 
 [Name and Title] 

On this          day
of                     , 2013, before me personally came to me known who, by me duly sworn, did depose and say that (s)he resides in; that (s)he is
the officer of, the corporation described in and which executed the within Trust Agreement; that (s)he knew the seal of said corporation; that the seal affixed to said instrument was such corporate seal; that it was so affixed by order of the board
of directors of said corporation, and that (s)he signed his/her name thereto by like order. 
 ____________________________ Notary Public

  
 7 

 EXHIBIT B 
 DEC Covenant 

 AGREEMENT WITH COVENANTS NOT TO SUE 

INTRODUCTION 
 THIS AGREEMENT WITH COVENANTS NOT TO SUE (this “Covenant”) is made this          day of
                    2013 by and between the New York State Department of Environmental Conservation (“DEC”) and Eastman
Kodak Company (“Kodak”) (DEC and Kodak are collectively referred to as the “Parties”). 

BACKGROUND 
 WHEREAS, Eastman Business Park (“EBP”) covers more than 1,100 acres and is located at 1669 Lake Avenue, in the City of Rochester and Town of Greece, New York. EBP includes more
than 125 manufacturing buildings, 30 miles of roads, power generation facilities for steam and electricity, an industrial sewer system linked with the Kings Landing Treatment Facility, a sewer system linked to the Monroe County Sewage Treatment
Facility, railroad infrastructure, fire department, water treatment facilities, a hazardous waste incinerator, and on-site landfills used for disposal of commercial and industrial wastes, including hazardous wastes. 

WHEREAS, portions of EBP are presently owned and/or operated by Kodak as a debtor-in-possession in Bankruptcy Case
No. 12-10202 (ALG) (the “Bankruptcy Case”) pending in the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”). 

WHEREAS, Kodak’s operations at EBP are subject to regulation by DEC pursuant to, inter alia, New York State
Environmental Conservation Law (“ECL”); New York State Navigation Law (“NL”); the Federal Resource Conservation and Recovery Act (“RCRA”); the Comprehensive Environmental Responsibility Compensation
and Liability Act (“CERCLA”); the Clean Air Act (“CAA”) and the Clean Water Act (“CWA”). 
 WHEREAS, There have been permitted and unpermitted air emissions, discharges of wastewater and storm water as well as releases of hazardous substances and hazardous wastes, as those terms are
defined by 42 U.S.C. 9601(14), 42 U.S.C. 6903(5) and 6 NYCRR 371.1 which have resulted in contamination of soil and groundwater at EBP as well as sediments and surface waters in areas adjoining EBP. In response to contamination at EBP, DEC issued
DEC Permit #8-2614-0205/00/04 (the “RCRA Permit”) to Kodak. DEC issued the RCRA Permit pursuant to 6 NYCRR 373. The RCRA Permit sets forth detailed operation, closure and post-closure care and maintenance requirements, as well as
corrective action requirements for EBP. 
 WHEREAS, To address the threat to public health, welfare and the environment
posed by the identified contamination at EBP, the RCRA Permit requires that Kodak take corrective action including without limitation operating a wastewater treatment system which collects storm water, contaminated groundwater from Kodak’s
corrective actions required by the RCRA Permit as well as leachate and contaminated groundwater generated by the Weiland Road Landfill required pursuant to 6 NYCRR Part 360 and Administrative Consent Order R8-1046-95-02 dated February 15, 1996.

 WHEREAS, Portions of EBP have been designated as inactive hazardous waste disposal
sites by DEC, including sites # 8288071; 828074; 828092 and 828082. 
 WHEREAS, Pollutants, hazardous substances and
hazardous wastes have been discharged from EBP into the adjacent Genesee River. Investigations into conditions in the Genesee River and related dredge spoils are ongoing and response actions may be necessary to address the threat to public health,
welfare and the environment posed by the contamination of the Genesee River caused by Kodak. 
 WHEREAS, Kodak’s
financial status and bankruptcy may prevent Kodak from complying with all of the corrective action requirements of the RCRA Permit, the order and regulatory obligations governing Weiland Road Landfill, and otherwise responding to contamination at,
or which has emanated from, EBP. As a result, Kodak has proposed funding an environmental response trust (the “Environmental Response Trust”) to address its obligations to DEC at EBP. 

WHEREAS, DEC, the New York State Urban Development Corporation, doing business as Empire State Development
(“ESD”), and Kodak entered into a Settlement Agreement, dated         , 2013 (the “Settlement Agreement”), governing the creation and use of the Environmental Response Trust
and entry into this Covenant; and 
 WHEREAS, On or about
                    , the Bankruptcy Court issued an order in the Bankruptcy Case approving the Settlement Agreement pursuant to Section 363 of
the Bankruptcy Code and Rule 9019 of the Federal Rules of Bankruptcy Procedure. 
 NOW THEREFORE, the Parties agree as
follows: 
 ARTICLE VII 
 DEFINITIONS 
 7.1 Unless otherwise expressly provided herein, terms used in
the Covenant that are defined in the ECL or the regulations promulgated thereunder shall have the meanings assigned to them in the ECL or such regulations. Wherever the terms listed below are used in this Covenant they shall have the following
meanings: 
 “Allowed Post-Petition Trust Claim” means the administrative claim against Kodak contemplated by
Section 3.1(c) of the Settlement Agreement and defined therein as the “Allowed Post-Petition Trust Claim.” 

“EBP Parties” means any person or entity, whether or not affiliated with Kodak, that was not an owner or tenant of EBP
on the date of the Settlement Agreement but that takes title or any interest in EBP from Kodak after the date of the Settlement Agreement pursuant to Article VII of this Covenant, that has or is alleged to have any present or future liability or
responsibility to DEC, New York State, the United States or any agency or instrumentality thereof with respect to any Pre-Existing Environmental Liability or any other environmental subsurface condition in existence prior to the Implementation Date
at current and former parcels of the Park and historical discharges from the Park to the Genesee River. 

 “Effective Date” means the date upon which both parties duly execute and
deliver copies of this Covenant, the Settlement Agreement has been approved by an order entered by the Bankruptcy Court and all time periods to appeal the order have expired. 
 “Laws” means applicable federal, state or local statutes, common-law, rules, regulations, consent orders or injunctions. 

“Pre-Existing Environmental Liability” means liabilities for conditions on, at, under or about EBP arising under any
Laws for any spill, discharge, escape, release or threatened release of hazardous substances or hazardous wastes which occurred prior to the Effective Date including without limitation liabilities based upon: (i) contamination of soil, surface
water, sediments or groundwater at EBP; (ii) contamination of sediments and surface waters in the Genesee River adjoining EBP which originated at EBP, or (iii) contamination due to on-going migration or passive emissions (including soil
vapors) from hazardous substances or hazardous wastes which are the result of discharges or other events at EBP which occurred entirely prior to the Effective Date; provided, however, that to the extent that any liability is due, in
part, to discharges or other events which occurred prior to the Effective Date and, in part, to discharges or other events (including the negligent acts or omissions of Kodak) which occur after the Effective Date, then that portion of the liability
which is caused by Kodak’s acts or omissions after the Effective Date shall not constitute a Pre-Existing Environmental Liability; and provided further that with regard to any building or equipment at EBP owned or operated by Kodak, the
presence of asbestos; lead based paint; urea formaldehyde insulation; polychlorinated biphenyls; mercury; or any other hazardous substance as a component or constituent of any building, building material or equipment which exists prior to the
Effective Date shall not render the condition a Pre-Existing Environmental Liability and Kodak shall comply with all Laws governing the management, abatement and/or disposal of such material to the extent triggered by or applicable to Kodak’s
operation, demolition, modification or refurbishment of such building or equipment. 
 ARTICLE VIII 

KODAK’S OPERATIONS 
 8.1 Kodak shall conduct its activities at EBP in compliance with applicable Laws and nothing contained in this Covenant shall be construed to authorize any unpermitted releases of any hazardous
substances, hazardous wastes or pollutants by Kodak or any operation or activity by Kodak in violation of the ECL or any applicable Laws. 
 ARTICLE IX 
 COVENANT NOT TO SUE 

9.1 Upon Kodak’s payment in full of the Allowed Post-Petition Trust Claim, and subject to the reservation of claims and defenses set
forth in Article VI hereof, the DEC hereby 

 
covenants not to sue, execute judgment, or take any civil, judicial or administrative action under any federal, state, local, or common law or other actions for costs, damages, enforcement costs,
interest, contribution or attorney’s fees (other than enforcement of this Covenant) against the EBP Parties for any Pre-Existing Environmental Liabilities at EBP. 
 9.2 Subject to the reservation of claims and defenses set forth in Article VI hereof, Kodak covenants not to assert any claims or causes of action under any federal, state, local, or common law against
the DEC, or its employees, agencies or departments, or to seek against the DEC any costs, damages, contribution or attorneys’ fees arising out of or related to conditions at EBP or any Pre-Existing Environmental Liabilities. 

ARTICLE X 
 CONTRIBUTION PROTECTION 
 10.1 To the extent authorized under 42 U.S.C.
§ 9613 and New York General Obligations Law § 15-108, Kodak shall be deemed to have resolved its liability to DEC for purposes of contribution protection provided by CERCLA Section 113(f)(2) for
Pre-Existing Environmental Liabilities. 
 10.2 DEC shall not oppose any motion or application by Kodak in any subsequent
proceeding which seeks the contribution protection that this Covenant is intended to provide to Kodak. 
 10.3 If DEC takes any
action in connection with a Pre-Existing Environmental Liability, including without limitation any administrative proceeding, which results in any other third party asserting against Kodak a claim in the nature of contribution, which claim is based,
in whole or in part, on the allegation that the claimant and Kodak share a common liability to DEC, then to the extent authorized under the ECL, the New York General Obligations Law § 15-108, and any
other applicable law, upon written request by Kodak, DEC agrees to confirm to any administrative agency, court or tribunal that Kodak’s funding of the Environmental Response Trust performance of its obligations under the Settlement Agreement
and this Covenant represent Kodak’s fair share of liability or responsibility to DEC for Pre-Existing Environmental Liabilities and DEC shall take any reasonable action requested by Kodak to modify DEC’s pleadings or judgment to ensure
that Kodak is not exposed to claims in the nature of contribution; provided, however, that nothing in this Covenant shall obligate DEC to initiate any judicial proceeding, or otherwise initiate any action seeking a judicial declaratory
ruling, for the benefit of Kodak. 
 ARTICLE XI 

DISPUTE RESOLUTION 
 11.1 Any determination by DEC that Kodak has liability or potential liability for or as a result of a condition on, at, under or about current and former parcels of EBP which DEC alleges is not a
Pre-Existing Environmental Liability shall be subject to dispute resolution pursuant to this Article V, provided that (i) within 10 business days of receipt of a notice from 

 
DEC that Kodak has liability or potential liability for or as a result of a condition on, at, under or about current and former parcels of EBP which DEC alleges is not a Pre-Existing
Environmental Liability (a “Liability Notice”), Kodak requests in writing that the matter in dispute be resolved by the DEC’s Deputy Commissioner for Remediation and Materials Management (the “Deputy
Commissioner”) and, (ii) within 30 calendar days of receipt of the Liability Notice, Kodak submits a written statement of the issues in dispute, which shall include the facts upon which the dispute is based, the factual data, analysis
or opinion(s) supporting Kodak’s position, and all supporting documentation on which it relies, including, if applicable, affidavits and/or declarations (a “Statement of Position”). DEC shall serve its Statement of Position,
and all supporting documentation, including, if applicable, affidavits and/or declarations no later than 30 calendar days after receipt of Kodak’s Statement of Position. Kodak shall have 10 business days after receipt of DEC’s Statement of
Position within which to serve a reply. If Kodak does not timely comply with the requirements of this paragraph, then the DEC’s Liability Notice shall be deemed final and binding on Kodak. The time periods for the exchange of Statements of
Position and replies may be modified upon Covenant in writing of the parties. An administrative record of any dispute under this paragraph shall be maintained by DEC. The record shall include the Statement of Position served by each Party and any
relevant information submitted by a Party to the dispute. The record shall be available for review by Kodak and the public, consistent with the Freedom of Information Law (New York Public Officers Law Article 6). 

11.2 Upon review of the administrative record as developed pursuant to Article 5.1 hereof, the Deputy Commissioner shall promptly issue a
final decision resolving the dispute. 
 11.3 The invocation of formal dispute resolution procedures under this Article V shall
not stay or excuse the performance of work required pursuant to the disputed DEC determination, or Liability Notice, except by written agreement of the DEC or by the Deputy Commissioner upon written application from Kodak. Kodak shall have the
burden of establishing the necessity and appropriateness of such a stay or excuse based on the likelihood of success on the merits with respect to the matter in dispute and a balancing of the equities. The Deputy Commissioner’s decision not to
grant an extension is subject to judicial review pursuant to paragraph D of this Article V. The decision of the Deputy Commissioner shall be final and binding upon Kodak unless within 30 calendar days of receipt of the Deputy Commissioner’s
decision, Kodak petitions for review by a court of competent jurisdiction. 
 11.4 If Kodak invokes the dispute resolution
provisions of this Article V, DEC’s Liability Notice shall not be set aside or revised by the court unless Kodak establishes that DEC’s position is arbitrary, capricious or not in accordance with law. 

11.5 If DEC alleges that any liability is due, in part, to discharges or releases which occurred prior to the Effective Date and, in
part, to discharges or releases (including by negligent acts or omissions of Kodak) which occur after the Effective Date, then traditional concepts of divisibility and causation may be used by either Party to apportion the liability which is alleged
to have been caused by Kodak’s acts or omissions after the Effective Date. 

 ARTICLE XII 

RESERVATIONS 
 12.1 Nothing in this Covenant, expressed or implied, is intended to confer upon any party other than the EBP Parties any rights, remedies, obligations or liabilities under or by reason of this Covenant or
the settlement effectuated hereby. 
 12.2 Nothing contained in this Covenant shall be construed as barring, adjudicating, or in
any way resolving: 
  

	 	(a)	any actions to enforce this Covenant; 

  

	 	(b)	the lawful exercise of any power or authority of DEC not otherwise restricted by this Covenant; 

 

	 	(c)	any claim, cause of action, right or defense that the Parties may have under state or federal Law as against any third party; 

 

	 	(d)	DEC’s right against Kodak or any other person to protect public health and the environment from an imminent and substantial hazard or to otherwise prohibit the
Deputy Commissioner or his duly authorized representative from exercising any summary abatement powers or Kodak’s rights and defenses to such actions; 

 

	 	(e)	any claim under New York State common law for nuisance; 

  

	 	(f)	DEC’s right to bring criminal charges against any person or entity; 

  

	 	(g)	DEC’s right to gather information, request records and enter and inspect property and premises; or 

 

	 	(h)	any claims of the United States. 

ARTICLE XIII 
 COVENANT TO APPLY TO EBP PARTIES 
 This Covenant shall remain effective and
the protections and obligations of this Covenant shall apply, without further action by ESD, to each EBP Party as it applies to Kodak if and when the following conditions are satisfied: 

	 	(a)	DEC receives written notice of the identity of the EBP Party within 14 business days after the entity becomes an EBP Party; 

 

	 	(b)	the EBP Party undertakes all appropriate inquiry into previous ownership and uses of its portion of EBP; 

 

	 	(c)	the EBP Party agrees to be bound to this Covenant by duly executing and delivering a signature page to DEC in the form of the joinder agreement attached hereto as
Annex A; and 

  

	 	(d)	upon acquiring any interest in EBP, the EBP Party duly reports any unpermitted spills, discharges, escapes, releases or threatened releases of hazardous substances or
hazardous wastes for the portions of EBP under its control in accordance with applicable Laws. 

ARTICLE XIV 
 NOTICES 
 14.1 All notices or other communications pursuant to this
Covenant shall be in writing and shall be deemed valid and sufficient if delivered by personal service or overnight courier or if dispatched by registered mail, postage prepaid, or, if dispatched by electronic mail, promptly confirmed by letter
dispatched as above provided, addressed as follows: 
 If to: Kodak 

Eastman Kodak Company 
 343 State Street 
 Rochester, New York 14650 

Attn: General Counsel 
 With a copy (which shall not constitute notice) to: 
 Sullivan & Cromwell
LLP 
 125 Broad St. 
 New York, New York 10004 
 Attn: Andrew G. Dietderich 

If to: DEC 

New York State Department of Environmental Conservation 
 625 Broadway 
 Albany, New York 12233-1500 

Attn: General Counsel 
 14.2 The Parties reserve the right to designate additional or different addressees for communication upon providing written notice to the other and to any EBP Parties. 

 ARTICLE XV 

MODIFICATIONS 
 15.1 This Covenant shall constitute the complete and entire understanding between the Parties concerning the EBP Parties’ liability to DEC for Pre-Existing Environmental Liabilities. No term,
condition, understanding, or Covenant purporting to modify or vary any term of this Covenant shall be binding unless made in writing and subscribed by the Party to be bound. No informal advice, guidance, suggestion, or comment by DEC regarding any
report, proposal, plan, specification, schedule, or any other submittal shall be construed as relieving Kodak of Kodak’s obligations pursuant to this Covenant. 
 [SIGNATURE PAGE FOLLOWS] 

 IN WITNESS WHEREOF, the parties hereto by their authorized representatives have executed
this instrument on the date set forth above. 
  

					
	 THE NEW YORK STATE DEPARTMENT
 OF ENVIRONMENTAL CONSERVATION

			
	By:	 	 	 	 
		 	Name: 	 	  

		 	Title:	 	  

 EASTMAN KODAK COMPANY 
 On behalf of itself and its affiliated debtors and 
 debtors-in-possession

  

					
	By:	 	 	 	 
		 	Name: 	 	  

		 	Title:	 	  

 SCHEDULE 3.1(a) 
 Transferred Property 
 GROUNDWATER REMEDIATION ASSET DESCRIPTIONS

  

					
	 System
	  	Component Pump
Well Identification #	  	 Equipment Description

	WIA-KPW North Fenceline Containment System	  	PB119ER,
PB119NER,
PB135ER,
PB143NW, PL54E,
PL54NE, PL54NE2,
PL54W	  	 • Enclosure Sheds D-1, D-2, D-6 & D-7 (houses instrumentation    and control systems)

• Electrical main power disconnect and circuit breaker panels
 • Pump well motor controls
 • Level controllers

• Flow meters and sensors
 • Motor
contactor, thermal overloads and resets
 • Submersible ground water pumps
 • Conveyance piping
 • Pump well manholes

			
	 Parking Lot 50 Migration
 Control System
	  	PL50N2, PL50N3,
PL50NW3, PL50W	  	 • Electrical main power disconnect and circuit breaker panels
 • Pump well motor controls
 • Instrumentation panels

• Level controllers
 • Flow meters and
sensors
 • Motor contactor, thermal overloads and resets
 • Submersible ground water pumps
 • Conveyance piping

• Pump well vault systems

			
	 Building 329 / 349 Area
 Remedial System
	  	PB329E2, PB349N	  	 • Electrical main power disconnect and circuit breaker panels
 • Pump well motor controls
 • Instrumentation panels

• Level controllers
 • Flow meters and
sensors
 • Motor contactor, thermal overloads and resets
 • Submersible ground water pumps
 • Conveyance piping

• Pump well vault systems

			
	 Northern KPM Migration
 Control System
	  	PB350NE2,
PB350NW, PB319N	  	 • Enclosure Shed M-10 (houses instrumentation and control    systems)

• Electrical main power disconnect and circuit breaker panels
 • Pump well motor controls
 • Level controllers

• Flow meters and sensors
 • Motor
contactor, thermal overloads and resets
 • Submersible ground water pumps
 • Conveyance piping
 • Pump well manholes

			
	 MIA-301 (KPM) Groundwater
 Remediation System
	  	PB323SE2,
PB303SW,
PB303W2	  	 • Pumpwell vaults
 •
Submersible groundwater pumps
 • Pneumatic air supply systems
 • Pump cycle counters
 • Conveyance
piping

  
 -1-

					
	Northeast KPX Overburden Migration Control System	  	PB218N	  	 • Electrical main power disconnect and circuit breaker panels
 • Instrumentation panel
 • Level controller

• Flow meter and sensor
 • Motor
contactor, thermal overloads and resets
 • Submersible ground water pump
 • Conveyance piping
 • Pump well manhole

			
	 Parking Lot 73
 Remedial System
	  	PL73N	  	 • Electrical main power disconnect and circuit breaker panels
 • Instrumentation panel
 • Level controllers

• Flow meter and sensor
 • Motor
contactor, thermal overloads and resets
 • Submersible ground water pumps
 • Conveyance piping
 • Pump well manhole

			
	Weiland Road Landfill TOR Remedial System	  	PWRNW3	  	 • Electrical main power disconnect and circuit breaker panels
 • Instrumentation panel
 • Level controller

• Flow meter and sensor
 • Motor
contactor, thermal overloads and resets
 • Submersible ground water pump
 • Conveyance piping
 • Pump well vault

			
	Individual Systems	  	PB53N2, PB54NW,
PB54SE, PB115N,
PB136S, PB57W,
PB322NE2,
PB322NE4,
PB307E2, PB307N3	  	 • Pumpwell vaults
 •
Submersible groundwater pumps
 • Pneumatic air supply systems
 • Pump cycle counters
 • Conveyance piping

• Electrical main power disconnect and circuit breaker panels
 • Instrumentation panel
 • Level controllers

• Flow meter and sensor
 • Motor
contactor, thermal overloads and resets
 • Submersible ground water pumps
 • Conveyance piping

			
	 Northeast KPE Migration
 Control Systems
	  	PL41N, PL41S,
PL42E, PL42W	  	 • Electrical main power disconnect and circuit breaker panels
 • Instrumentation panels
 • Level controllers

• Flow meters and sensors
 • Motor
contactors, thermal overloads and resets
 • Submersible ground water pumps
 • Conveyance piping
 • Pump well vaults

			
	 MIA-333 Dual Phase
 Remediation System
	  	PB326SWR,
PB326SW5,
PB326SW6,
PB326SW9	  	 • Enclosure trailer

• Vacuum extraction pump
 • Electrical
main power disconnect and circuit breaker panel
 • Instrumentation panel
 • Flow meters and sensors
 • Motor contactors, thermal overloads and resets

• Oil water separator
 • Conveyance
piping
 • Extraction manholes

  
 -2-

 GROUNDWATER WELL ASSET DESCRIPTION AND LISTING 

Description 
 Over 800
conventional groundwater monitoring and extraction wells of varying depths throughout the EBP facility and in off-site locations. Monitoring wells include casings, risers, screened intervals, surface mounts, caps and locks. 

Groundwater Well Asset Identification Numbers 
  

									
	G1B115SR	  	G2BD20W2	  	GB121N	  	GB21N	  	GB349NW3Z
	G1B117NE	  	G2BD20WR	  	GB121SW	  	GB23SW	  	GB349W
	G1B119W	  	G2ES10	  	GB122SW	  	GB28NW	  	GB34SE
	G1B126SW	  	G2ES2	  	GB123NE	  	GB2N	  	GB350NE
	G1B137S	  	G2ES4	  	GB129NW	  	GB302E	  	GB350NWR
	G1B137S2	  	G2ESR	  	GB129SE	  	GB303SE	  	GB351SWZ
	G1B142SR	  	G2L50S2R	  	GB130SW	  	GB304NW	  	GB352NW
	G1B148S	  	G2L50SW	  	GB134E	  	GB305N	  	GB38NW
	G1B314S	  	G2L50SW2R	  	GB135NER	  	GB307E	  	GB46NR
	G1B331SW	  	G2L50SWR	  	GB135NW	  	GB308E	  	GB49NE
	G1B349NW	  	G2L72SE	  	GB135SE	  	GB308N	  	GB53NER
	G1B352NW2	  	G2WRNW	  	GB136S6	  	GB309SW	  	GB54SE
	G1BD20W2	  	G2WS15	  	GB136SR	  	GB30NE	  	GB58NER
	G1BD20WR	  	GB101SW	  	GB137SW	  	GB310SW	  	GB59E
	G1ES10R	  	GB102S	  	GB140E	  	GB313W	  	GB62SE
	G1ES2	  	GB104SE	  	GB140W	  	GB317N	  	GB69N
	G1ES3R	  	GB105E	  	GB142W	  	GB317NE	  	GB9E
	G1ES4R	  	GB105NE	  	GB143SE	  	GB317NW	  	GBD20W3
	G1ESR	  	GB105SE2	  	GB145NW	  	GB318SW	  	GBD3E
	G1L50S	  	GB105SER	  	GB145SE	  	GB319N	  	GBM32N
	G1L50S2R	  	GB105SW	  	GB151SE	  	GB322NE2	  	GBM41SW
	G1L50SW2R	  	GB110S	  	GB153NE	  	GB322SW	  	GES16
	G1WS15	  	GB112W	  	GB16N	  	GB324NER	  	GES17
	G2B115SR	  	GB114SW	  	GB201NW	  	GB326SWR	  	GES7
	G2B117NE	  	GB114SW2	  	GB202NER	  	GB327E	  	GL12NW
	G2B119W	  	GB115E	  	GB203W	  	GB328N	  	GL15E
	G2B126SW	  	GB115N	  	GB204NW	  	GB329E	  	GL15N
	G2B136S	  	GB115SE2	  	GB205NE	  	GB329NEZ	  	GL15S
	G2B136S2	  	GB115W	  	GB206E	  	GB329NW	  	GL18S
	G2B136S3	  	GB119E	  	GB206NE	  	GB329S	  	GL28W
	G2B136S5	  	GB119N	  	GB206NW2	  	GB329SE3	  	GL42SE
	G2B137S	  	GB119NE	  	GB206SW	  	GB329SW3	  	GL42SE2
	G2B137S2	  	GB119NW	  	GB207E	  	GB329W	  	GL42SR
	G2B137SW	  	GB119S	  	GB208NE2	  	GB330N	  	GL45WR
	G2B140W	  	GB119W2R	  	GB211NE	  	GB332EZ	  	GL47N
	G2B142SR	  	GB119W3	  	GB212NW	  	GB332NE	  	GL50N
	G2B148S	  	GB120E	  	GB213NE	  	GB333NEZ	  	GL50N2
	G2B314S	  	GB120NW	  	GB214N	  	GB333NW	  	GL50NE2
	G2B331SW	  	GB120SE	  	GB216W	  	GB333NW2	  	GL50NW
	G2B349NW	  		  	GB218E	  	GB339E	  	GL50NW3
	G2B352NW2	  	GB120SW	  	GB218NE	  	GB349N2Z	  	GL50SE2R
	G2B59E	  	GB120SW2	  	GB218NW	  	GB349N3Z	  	GL50SW3R
	G2B62SE	  	GB120SW3	  	GB218SE	  	GB349NW2Z	  	GL54NE

  
 -3-

									
	GL55N	  	GQB218NE	  	GQWN2	  	IB502W	  	PB323SE2
	GL56NW	  	GQB218NW	  	GQWRE	  	IB605NE5	  	PB326SW5
	GL60N	  	GQB218SE	  	GQWRSE	  	IB62SE	  	PB326SW6
	GL72SE	  	GQB23SW	  	GQWRW2	  	IB642NE	  	PB326SW9
	GL72SW	  	GQB304NW	  	GQWS12	  	IB642NW	  	PB326SWR
	GL73S	  	GQB308E	  	GQWS13	  	IBE24E	  	PB329E2
	GL76S	  	GQB310SW	  	GQWS15	  	IBE24NE	  	PB349N
	GM5	  	GQB317N	  	GQWS17	  	IBE24NW	  	PB350NE2
	GMN4	  	GQB317NE	  	GQWS3	  	IES	  	PB350NW
	GMN5	  	GQB322NE2	  	GQWS5	  	IES10	  	PB53N2
	GMN6	  	GQB328N	  	GQWS9	  	IES13	  	PB54NW
	GMW12	  	GQB329NE	  	GTCS	  	IES2	  	PB54SE
	GMW13	  	GQB329NW	  	GW-5	  	IES3	  	PB57W
	GMW14	  	GQB329SE3	  	GWN1	  	IES4	  	PL15W
	GQB101SW	  	GQB329W	  	GWN3	  	IES7	  	PL41N
	GQB105E	  	GQB330N	  	GWN4	  	IES9	  	PL41S
	GQB105NE	  	GQB350NW	  	GWN5	  	IPL82SW	  	PL42E
	GQB112W	  	GQB49NE	  	GWN6	  	IWRNW2	  	PL42W
	GQB114SW	  	GQB57N	  	GWRNE	  	IWRS3	  	PL50N2
	GQB115E	  	GQB58NE	  	GWRNW	  	IWRS4	  	PL50N3
	GQB115N	  	GQB65SE	  	GWRNW2	  	IWS10	  	PL50NW3
	GQB115SR	  	GQB69N	  	GWRNW3Z1	  	IWS11	  	PL50W
	GQB115W	  	GQB81E	  	GWRNW3Z2	  	IWS12	  	PL54E
	GQB119S	  	GQBD20W2	  	GWRS4	  	IWS13	  	PL54NE
	GQB120NW	  	GQBD20W3	  	GWRSE	  	IWS3	  	PL54NE2
	GQB120SW2	  	GQBD20WR	  	GWRSW	  	IWS4R	  	PL54W
	GQB120SW3	  	GQBD3E	  	GWRW	  	IWS5	  	PL73N
	GQB121N	  	GQES10	  	GWRW2Z1	  	LSL73S2	  	PWRNW3
	GQB121SW	  	GQES13	  	GWRW2Z2	  	LSWRS4	  	PWRW2
	GQB122SW	  	GQES16	  	GWS12	  	M3	  	Q1B16E
	GQB123NE	  	GQES19	  	GWS14	  	M4	  	Q1L28W
	GQB126SW	  	GQES3	  	GWS16	  	M6	  	Q2B16E
	GQB129NW	  	GQES4	  	GWS5	  	ML73S2	  	Q2L27NW
	GQB129SE	  	GQL15E	  	IB205NE	  	MTGWS13	  	Q2L28W
	GQB129SW	  	GQL15N	  	IB320SE	  	MW-17	  	Q2L42NE2
	GQB130SW	  	GQL15S	  	IB502E	  	MWS12R	  	Q2L42NW
	GQB134E	  	GQL41E	  	IB502E2	  	PB115N	  	Q2L45N
	GQB135E2	  	GQL50N2	  	IB502E3	  	PB119ER	  	QB105NE
	GQB135NW	  	GQL50NE	  	IB502E4	  	PB119NER	  	QB115N
	GQB137SW	  	GQL50NE2	  	IB502E5	  	PB135ER	  	QB115SE
	GQB140E	  	GQL50NW3	  	IB502E6	  	PB136S	  	QB119NE
	GQB140W	  	GQL50S2R	  	IB502E7	  	PB143NW	  	QB120NW
	GQB142SR	  	GQL50S3	  	IB502E8	  	PB218N	  	QB120SW2
	GQB142W	  	GQL50SE2R	  	IB502N	  	PB303SW	  	QB123NE
	GQB143SE	  	GQL50SE3	  	IB502NE2	  	PB303W2	  	QB129NW
	GQB148S	  	GQL50SW2R	  	IB502NE3	  	PB307E2	  	QB129SE
	GQB16E	  	GQL50SW3R	  	IB502SE2	  	PB307N3	  	QB130SW
	GQB206NE	  	GQL72SW	  	IB502SE3	  	PB319N	  	QB135SE
	GQB208NE2	  	GQL76S	  	IB502SE5	  	PB322NE2	  	QB142S
	GQB218E	  	GQWN1	  		  	PB322NE4	  	QB16N

  
 -4-

									
	QB46N	  	S2B307W	  	SB135E3	  	SB209NW	  	SB310SW
	QB53NER	  	S2B312NW	  	SB135N	  	SB211NE	  	SB313SW
	QB54NW	  	S2B313W	  	SB135NE	  	SB211SE	  	SB314NW
	QB54SER	  	S2B331SW	  	SB135S	  	SB212NE2	  	SB314S
	QB57NR2	  	S2B91W	  	SB135SER	  	SB212NW	  	SB314S2
	QB81E	  	S2B93NE	  	SB135W	  	SB213E	  	SB317N
	QL12NWR	  	S2B99W	  	SB137S	  	SB213NE	  	SB317NE
	QL14SWR	  	S2WRE	  	SB137S2	  	SB214E	  	SB317NW
	QL27NW	  	SB101SW	  	SB137SW	  	SB214N	  	SB317S
	QL41E	  	SB102S	  	SB139SW	  	SB216ER	  	SB318SW
	QL41N2Z	  	SB102W	  	SB140E	  	SB218ER	  	SB319N
	QL41S2Z	  	SB105NE	  	SB140W	  	SB218N	  	SB319NZ
	QL42NE2	  	SB105SER	  	SB142WR	  	SB218NE	  	SB320SE
	QL42NW	  	SB108SW	  	SB143N	  	SB218NW	  	SB322NE
	QL42SE2Z	  	SB110N	  	SB143S	  	SB218NW2	  	SB322NE2
	QL42SE3Z	  	SB110NE	  	SB143SE	  	SB218NW5	  	SB322NE3
	QL42SER	  	SB110NW	  	SB143SW	  	SB218SE	  	SB322W
	QL42SR	  	SB110S	  	SB145N	  	SB218SW	  	SB323SE
	QL45N	  	SB110SE	  	SB145NE	  	SB218W	  	SB324N2Z
	QL50SR	  	SB112W	  	SB145NW	  	SB218W2	  	SB324NER
	R2B502SE	  	SB114SWR	  	SB145S	  	SB218W3	  	SB324NZ
	RB320SE	  	SB115E	  	SB145SE	  	SB21NR	  	SB325W
	RB502E	  	SB115N2R	  	SB148S	  	SB23SWR	  	SB326SW10
	RB502NE	  	SB115S	  	SB14NW	  	SB28NWR	  	SB326SW2
	RB502NW	  	SB115SW	  	SB151SER	  	SB29SE	  	SB326SW3
	RB502SE	  	SB115W	  	SB153NE	  	SB2NR	  	SB326SW4
	RB507NW	  	SB117NE	  	SB156SW	  	SB301SE	  	SB326SW7
	RB508SW	  	SB119NE	  	SB16N2	  	SB301W	  	SB326SW8
	RB514S2	  	SB119NE2	  	SB18S2	  	SB302E	  	SB327E
	RB514S5	  	SB119NW	  	SB18SE	  	SB302W	  	SB328N
	RB601NW	  	SB119S	  	SB18SWR	  	SB303SE	  	SB329ER
	RB601S	  	SB119SW	  	SB201NW	  	SB303W	  	SB329NWR
	RB605NE	  	SB119W	  	SB202NE	  	SB304NW	  	SB329W
	RB605NE2	  	SB119W4R	  	SB202W	  	SB305W	  	SB330N
	RB605NE3	  	SB120E	  	SB203S	  	SB306SW	  	SB331SW2
	RB605NE4	  	SB120NW	  	SB203W	  	SB306W	  	SB332NE
	RB605SE2	  	SB120SW	  	SB204NW	  	SB307N	  	SB333NE
	RB642N	  	SB120SW2	  	SB205NE	  	SB307N2	  	SB333NW
	RB701W	  	SB121N	  	SB206E	  	SB307S	  	SB333NW2
	RCPE5	  	SB121SW	  	SB206NE	  	SB308E	  	SB333W
	RCPW6	  	SB122SW	  	SB206NW	  	SB308E2	  	SB339E
	RWRSE	  	SB123NE	  	SB206NW2	  	SB308E3	  	SB339NE
	S1B307E	  	SB126SW	  	SB206S	  	SB308N	  	SB340NE
	S1B307W	  	SB129NW	  	SB206S2	  	SB308N2	  	SB349NW
	S1B312NW	  	SB129SE	  	SB206S3	  	SB308NE	  	SB349W
	S1B313W	  	SB129W	  	SB206S4	  	SB308SE	  	SB350NE
	S1B331SW	  	SB12NE	  	SB206SE	  	SB309E	  	SB350NWR
	S1B99W	  	SB130SW	  	SB206SWR	  	SB309S	  	SB350NWZ
	S1WRE	  	SB134E	  	SB206W	  	SB309SW	  	SB351SWR
	S2B307E	  	SB135E2	  	SB208NE2	  	SB30NE	  	SB352NW

  
 -5-

									
	SB352NW2R	  	SB514SW	  	SBD27S	  	SL42NE2	  	SM5
	SB352NW2Z	  	SB514W	  	SBD3E	  	SL42NW	  	SMN1
	SB352NW3	  	SB514W10	  	SBE24SW	  	SL42S	  	SMN10
	SB352NWZ	  	SB514W11	  	SBM32N	  	SL42SE	  	SMN11
	SB352SW	  	SB514W12	  	SBM41NW	  	SL42SE2	  	SMN2
	SB38NWR	  	SB514W13	  	SBM41SE	  	SL42W	  	SMN3
	SB48N	  	SB514W2	  	SBM41SE2	  	SL43SW	  	SMN4
	SB48NW	  	SB514W3	  	SBM41SW	  	SL45N	  	SMN5
	SB48SE	  	SB514W4	  	SBM41W	  	SL45S	  	SMN6
	SB48W	  	SB514W5	  	SBS26SB1	  	SL45WR	  	SMN7
	SB49NE	  	SB514W6	  	SBS26SB2	  	SL46W	  	SMN8
	SB502E10	  	SB514W7	  	SBS26SB3	  	SL47NR	  	SMN9
	SB502E11	  	SB514W8	  	SCL1	  	SL50N	  	STCS
	SB502E12	  	SB514W9	  	SES15	  	SL50N2	  	STCS2
	SB502E13	  	SB53SWR	  	SES16	  	SL50NE2	  	SWN4
	SB502E9	  	SB54NW	  	SES17	  	SL50NW2	  	SWN5
	SB502SE4	  	SB54SER	  	SES2	  	SL50NW3	  	SWN6
	SB503NE	  	SB57WR	  	SES5	  	SL50NW4	  	SWRNE
	SB506E	  	SB58NE	  	SES6	  	SL50S	  	SWRNW
	SB506N	  	SB59E	  	SES8	  	SL50S2	  	SWRNW2
	SB506NE	  	SB601S3	  	SL11NE	  	SL50SE2	  	SWRSE
	SB506NE2	  	SB604E	  	SL12NW	  	SL50SW	  	SWRSEZ
	SB506NE3	  	SB604E3	  	SL14NE	  	SL50SW2	  	SWRSW
	SB506SE	  	SB604SW	  	SL14SW	  	SL50SW3	  	SWRSWZ
	SB506SW	  	SB605SE	  	SL15E	  	SL53N	  	SWRSZ1
	SB511NE	  	SB62SER	  	SL15S	  	SL55N	  	SWRSZ2
	SB511NE2	  	SB65SE	  	SL17N	  	SL56NW	  	SWRWR
	SB514C	  	SB701S	  	SL18S	  	SL60N	  	SWRZ
	SB514E	  	SB701W	  	SL18SW	  	SL61N	  	SWS
	SB514N	  	SB91S	  	SL27NW	  	SL61NE	  	SWS2
	SB514N2	  	SB91W	  	SL40NW2R	  	SL61NE2	  	SWS6
	SB514NE	  	SB93NE	  	SL40NW3R	  	SL61S	  	SWS7
	SB514NW	  	SB93NE2	  	SL40NW4	  	SL72SE	  	SWS8
	SB514S	  	SB97S	  	SL40NW5	  	SL72SW	  	SWS9
	SB514S3	  	SBD20W	  	SL40NW6	  	SL73NWZ	  	SXSW1
	SB514S4	  	SBD20W2	  	SL40NW7	  	SL73NZ	  	WTCS2
	SB514S6	  	SBD20W3	  	SL40NWR	  	SL73WZ	  	
	SB514SE	  		  	SL42N	  	SL74NE	  	
	SB514SE2	  		  	SL42NE	  	SL76S	  	

  
 -6-EX-10.3

 Exhibit 10.3 
 EXECUTION VERSION 
  
  

 
 BACKSTOP COMMITMENT AGREEMENT

 AMONG 

EASTMAN KODAK COMPANY 
 AND 
 THE BACKSTOP PARTIES PARTY HERETO 

Dated as of June 18, 2013 
  

 
  

 TABLE OF CONTENTS 

 

					
	 	  	Page	 
	 ARTICLE I DEFINITIONS
	  	 	2	  
	 Section 1.1 Definitions
	  	 	2	  
	 Section 1.2 Additional Defined Terms
	  	 	12	  
	 Section 1.3 Construction
	  	 	14	  
	 ARTICLE II BACKSTOP COMMITMENT
	  	 	14	  
	 Section 2.1 The Rights Offerings; Overallotment
	  	 	14	  
	 Section 2.2 The Backstop Commitment
	  	 	15	  
	 Section 2.3 Backstop Party Default
	  	 	15	  
	 Section 2.4 Backstop Escrow Account Funding
	  	 	16	  
	 Section 2.5 Closing
	  	 	17	  
	 Section 2.6 Designation and Assignment Rights
	  	 	18	  
	 ARTICLE III BACKSTOP COMMITMENT FEES AND EXPENSE REIMBURSEMENT
	  	 	18	  
	 Section 3.1 Fees Payable by the Company
	  	 	18	  
	 Section 3.2 Payment of Fees
	  	 	19	  
	 Section 3.3 Expense Reimbursement
	  	 	19	  
	 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF THE COMPANY
	  	 	20	  
	 Section 4.1 Organization and Qualification
	  	 	20	  
	 Section 4.2 Corporate Power and Authority
	  	 	21	  
	 Section 4.3 Execution and Delivery; Enforceability
	  	 	21	  
	 Section 4.4 Authorized and Issued Capital Stock
	  	 	22	  
	 Section 4.5 Issuance
	  	 	23	  
	 Section 4.6 No Conflict
	  	 	23	  
	 Section 4.7 Consents and Approvals
	  	 	23	  
	 Section 4.8 Arm’s Length
	  	 	24	  
	 Section 4.9 Financial Statements
	  	 	24	  
	 Section 4.10 Company SEC Documents and Disclosure Statement
	  	 	24	  
	 Section 4.11 Absence of Certain Changes
	  	 	25	  
	 Section 4.12 No Violation; Compliance with Laws
	  	 	25	  
	 Section 4.13 Legal Proceedings
	  	 	25	  
	 Section 4.14 Labor Relations
	  	 	25	  
	 Section 4.15 Intellectual Property
	  	 	26	  
	 Section 4.16 Title to Real and Personal Property
	  	 	26	  

  
 i 

 TABLE OF CONTENTS 

 

					
	 	  	Page	 
	 Section 4.17 No Undisclosed Relationships
	  	 	27	  
	 Section 4.18 Licenses and Permits
	  	 	27	  
	 Section 4.19 Environmental
	  	 	27	  
	 Section 4.20 Tax Matters
	  	 	28	  
	 Section 4.21 Company Plans
	  	 	30	  
	 Section 4.22 Internal Control Over Financial Reporting
	  	 	32	  
	 Section 4.23 Disclosure Controls and Procedures
	  	 	32	  
	 Section 4.24 Material Contracts
	  	 	32	  
	 Section 4.25 No Unlawful Payments
	  	 	33	  
	 Section 4.26 Compliance with Money Laundering Laws
	  	 	33	  
	 Section 4.27 Compliance with Sanctions Laws
	  	 	33	  
	 Section 4.28 No Broker’s Fees
	  	 	33	  
	 Section 4.29 No Registration Rights
	  	 	33	  
	 Section 4.30 Takeover Statutes
	  	 	33	  
	 Section 4.31 [Reserved]
	  	 	34	  
	 Section 4.32 Insurance
	  	 	34	  
	 ARTICLE V REPRESENTATIONS AND WARRANTIES OF THE BACKSTOP PARTIES
	  	 	34	  
	 Section 5.1 Incorporation
	  	 	34	  
	 Section 5.2 Corporate Power and Authority
	  	 	34	  
	 Section 5.3 Execution and Delivery
	  	 	34	  
	 Section 5.4 No Conflict
	  	 	35	  
	 Section 5.5 Consents and Approvals
	  	 	35	  
	 Section 5.6 No Registration
	  	 	35	  
	 Section 5.7 Purchasing Intent
	  	 	35	  
	 Section 5.8 Sophistication; Investigation
	  	 	35	  
	 Section 5.9 No Broker’s Fees
	  	 	36	  
	 Section 5.10 Votable Claims
	  	 	36	  
	 Section 5.11 Sufficiency of Funds
	  	 	36	  
	 Section 5.12 Legal Proceedings
	  	 	36	  
	 Section 5.13 Arm’s Length
	  	 	36	  
	 ARTICLE VI ADDITIONAL COVENANTS
	  	 	37	  
	 Section 6.1 BCA Consummation Approval Order and Solicitation Order
	  	 	37	  
	 Section 6.2 Confirmation Order; Amended Plan and Amended Disclosure Statement
	  	 	37	  

  
 ii 

 TABLE OF CONTENTS 

 

					
	 	  	Page	 
	 Section 6.3 Conduct of Business
	  	 	37	  
	 Section 6.4 Antitrust Approval
	  	 	38	  
	 Section 6.5 Access to Information
	  	 	39	  
	 Section 6.6 Financial Information
	  	 	39	  
	 Section 6.7 Alternate Transactions
	  	 	41	  
	 Section 6.8 Commercially Reasonable Efforts
	  	 	42	  
	 Section 6.9 Support of the Amended Plan
	  	 	43	  
	 Section 6.10 NJ Shareholder Protection Act
	  	 	44	  
	 Section 6.11 Eastman Business Park Settlement
	  	 	44	  
	 Section 6.12 Emergence Credit Facilities
	  	 	44	  
	 Section 6.13 New Board of Directors
	  	 	44	  
	 Section 6.14 Registration Rights Agreement
	  	 	45	  
	 Section 6.15 Form D and Blue Sky
	  	 	45	  
	 Section 6.16 No Integration; No General Solicitation
	  	 	45	  
	 Section 6.17 DTC Eligibility
	  	 	45	  
	 Section 6.18 Use of Proceeds
	  	 	45	  
	 Section 6.19 Share Legend
	  	 	46	  
	 Section 6.20 Allowance
	  	 	46	  
	 ARTICLE VII CONDITIONS TO THE OBLIGATIONS OF THE PARTIES
	  	 	46	  
	 Section 7.1 Conditions to the Obligation of the Backstop Parties
	  	 	46	  
	 Section 7.2 Waiver of Conditions to Obligation of Backstop Parties
	  	 	50	  
	 Section 7.3 Conditions to the Obligation of the Company
	  	 	50	  
	 ARTICLE VIII INDEMNIFICATION AND CONTRIBUTION
	  	 	51	  
	 Section 8.1 Indemnification Obligations
	  	 	51	  
	 Section 8.2 Indemnification Procedure
	  	 	52	  
	 Section 8.3 Settlement of Indemnified Claims
	  	 	53	  
	 Section 8.4 Contribution
	  	 	53	  
	 Section 8.5 Treatment of Indemnification Payments
	  	 	54	  
	 Section 8.6 No Survival
	  	 	54	  
	 ARTICLE IX TERMINATION
	  	 	54	  
	 Section 9.1 Termination Rights
	  	 	54	  
	 Section 9.2 Effect of Termination
	  	 	56	  

  
 iii

 TABLE OF CONTENTS 

 

					
	 	  	Page	 
	 ARTICLE X GENERAL PROVISIONS
	  	 	57	  
	 Section 10.1 Notices
	  	 	57	  
	 Section 10.2 Assignment; Third Party Beneficiaries
	  	 	59	  
	 Section 10.3 Prior Negotiations; Entire Agreement
	  	 	59	  
	 Section 10.4 Governing Law; Venue
	  	 	59	  
	 Section 10.5 Waiver of Jury Trial
	  	 	60	  
	 Section 10.6 Counterparts
	  	 	60	  
	 Section 10.7 Waivers and Amendments; Rights Cumulative
	  	 	60	  
	 Section 10.8 Headings
	  	 	60	  
	 Section 10.9 Specific Performance
	  	 	61	  
	 Section 10.10 Damages
	  	 	61	  
	 Section 10.11 No Reliance
	  	 	61	  
	 Section 10.12 Publicity
	  	 	61	  
	 Section 10.13 Settlement Discussions
	  	 	61	  

 SCHEDULES AND EXHIBITS 
  

			
	Schedule 1	  	Backstop Commitment Percentages
	Schedule 2	  	[Reserved]
	Schedule 3	  	Beneficially Controlled Votable Claims
	Schedule 4	  	[Reserved]
	Schedule 5	  	Consents
	Schedule 6	  	Notice Address for GSO Capital
	Schedule 7	  	Notice Address for BlueMountain Capital Management, LLC
	Schedule 8	  	Notice Address for George Karfunkel
	Schedule 9	  	Notice Address for United Equities Group
	Schedule 10	  	Notice Address for Contrarian Capital Management, LLC
	Exhibit A	  	Form of 1145 Rights Offering Procedures
	Exhibit B	  	Form of 4(2) Rights Offering Procedures
	Exhibit C	  	Form of Amended Plan
	Exhibit D	  	Form of Joinder Agreement
	Exhibit E	  	Terms of Warrants
	Exhibit F	  	Terms of Registration Rights Agreement

  
 iv 

 BACKSTOP COMMITMENT AGREEMENT 

THIS BACKSTOP COMMITMENT AGREEMENT (this “Agreement”), dated as of June 18, 2013, is made by and among
Eastman Kodak Company (as a debtor in possession and a reorganized debtor, as applicable, the “Company”) on behalf of itself and the other Debtors, on the one hand, and the Backstop Parties set forth on Schedule 1
hereto (each referred to herein, individually, as a “Backstop Party” and, collectively, as the “Backstop Parties”), on the other hand. The Company and each Backstop Party is referred to herein,
individually, as a “Party” and, collectively, as the “Parties”. 
 RECITALS

 WHEREAS, on January 19, 2012 (the “Petition Date”), the Company and certain of its debtor
affiliates (each, individually, a “Debtor” and, collectively, the “Debtors”) commenced jointly administered proceedings (the “Chapter 11 Proceedings”), styled In re Eastman
Kodak Company, et al., Case No. 12-10202 (ALG) under Title 11 of the United States Code, 11 U.S.C. §§ 101- 1532, as may be amended from time to time (the “Bankruptcy Code”) in the United States Bankruptcy
Court for the Southern District of New York (the “Bankruptcy Court”); 
 WHEREAS, on May 23, 2013,
the Debtors filed the Plan Solicitation Motion with the Bankruptcy Court seeking entry of the Plan Solicitation Order, pursuant to which the Debtors requested, among other things, approval of the Initial Disclosure Statement and procedures to
solicit votes with respect to the Initial Plan; 
 WHEREAS, no later than two (2) Business Days after the date hereof, the
Debtors will file a motion with the Bankruptcy Court seeking entry of the BCA Approval Order; 
 WHEREAS, no later than two
(2) Business Days after the date hereof, the Debtors will file a motion with the Bankruptcy Court seeking entry of the Rights Offerings Procedures Order; 
 WHEREAS, the Debtors intend to seek entry of one or more orders of the Bankruptcy Court, in each case, in form and substance reasonably satisfactory to the Requisite Backstop Parties (x) confirming
the Amended Plan pursuant to Section 1129 of the Bankruptcy Code (the “Confirmation Order”) and (y) authorizing the consummation of the transactions contemplated hereby, which order may take the form of, and be
incorporated into, the Confirmation Order (the “BCA Consummation Approval Order”); and 
 WHEREAS,
subject to the terms and conditions contained in this Agreement the Backstop Parties have agreed to purchase any Unsubscribed Shares. 
 NOW, THEREFORE, in consideration of the mutual promises, agreements, representations, warranties and covenants contained herein, each of the Parties hereby agrees as follows: 

 ARTICLE I 
 DEFINITIONS 
 Section 1.1 Definitions. Capitalized terms
used but not otherwise defined herein shall have the meanings ascribed thereto in the Amended Plan. Except as otherwise expressly provided in this Agreement, or unless the context otherwise requires, whenever used in this Agreement (including any
Exhibits and Schedules hereto), the following terms shall have the respective meanings specified therefor below: 

“1145 Rights Offering” means the rights offering contemplated by the 1145 Rights Offering Procedures and
otherwise reasonably satisfactory to the Requisite Backstop Parties. 
 “1145 Rights Offering
Procedures” means the procedures with respect to the 1145 Rights Offering that are approved by the Bankruptcy Court pursuant to the Rights Offerings Procedures Order, which procedures shall be in form and substance substantially as set
forth on Exhibit A hereto and otherwise reasonably satisfactory to the Requisite Backstop Parties. 
 “1145
Rights Offering Shares” has the meaning set forth in the 1145 Rights Offering Procedures. 
 “4(2)
Rights Offering” means the rights offering contemplated by the 4(2) Rights Offering Procedures and otherwise reasonably satisfactory to the Requisite Backstop Parties. 

“4(2) Rights Offering Procedures” means the procedures with respect to the 4(2) Rights Offering that are approved
by the Bankruptcy Court pursuant to the Rights Offerings Procedures Order, which procedures shall be in form and substance substantially as set forth on Exhibit B hereto and otherwise reasonably satisfactory to the Requisite Backstop Parties.

 “4(2) Rights Offering Shares” has the meaning set forth in the 4(2) Rights Offering Procedures.

 “Affiliate” means, with respect to any Person, any other Person directly or indirectly controlling,
controlled by, or under common control with, such Person as of the date on which, or at any time during the period for which, the determination of affiliation is being made; provided that no Backstop Party shall be deemed an Affiliate of the
Company or any of its Subsidiaries. For purposes of this definition, the term “control” (including the correlative meanings of the terms “controlled by” and “under common control with”), as used with respect to any
Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management policies of such Person. 
 “Alternate Transaction” means any transaction with respect to a reorganization, restructuring, merger, consolidation, share exchange, rights offering, equity investment, business
combination, recapitalization or similar transaction (including the sale of all or substantially all of the assets of the Company and its Subsidiaries) involving the Company or any other Debtors that is inconsistent with the Rights Offerings, the
Backstop Commitment, this Agreement or the Amended Plan. 

  
 2 

 “Amended Disclosure Statement” means the First Amended Disclosure
Statement for the Debtors’ First Amended Joint Plan of Reorganization approved pursuant to the Plan Solicitation Order (including all exhibits and schedules thereto), in form and substance reasonably satisfactory to the Requisite Backstop
Parties and each as may be further amended, supplemented or otherwise modified from time to time in a manner that is reasonably satisfactory to the Requisite Backstop Parties. 
 “Amended Plan” means the Debtors’ First Amended Joint Plan of Reorganization, in substantially the form attached as Exhibit C hereto (including the Plan Supplement and
all other exhibits, schedules and annexes thereto) providing for, among other matters, the implementation of this Agreement, in each case, as may be further amended, supplemented or otherwise modified from time to time in a manner that is reasonably
satisfactory to the Requisite Backstop Parties; provided, however, that no such amendment, supplement or other modification shall provide for the reinstatement of the Second Lien Notes Claims without the consent of each Backstop Party
in its sole discretion. 
 “Antitrust Authorities” means the United States Federal Trade Commission, the
Antitrust Division of the United States Department of Justice, the attorneys general of the several states of the United States and any other Governmental Entity having jurisdiction pursuant to the Antitrust Laws and “Antitrust Authority”
means any of them. 
 “Antitrust Laws” mean the Sherman Act, as amended, the Clayton Act, as amended,
the HSR Act, the Federal Trade Commission Act, and any other Law governing agreements in restraint of trade, monopolization, pre-merger notification, the lessening of competition through merger or acquisition or anti-competitive conduct. 

“Available Shares” means the Backstop Shares that any Backstop Party fails to purchase as a result of a Backstop
Party Default by such Backstop Party. 
 “Backstop Commitment Percentage” means, with respect to any
Backstop Party, such Backstop Party’s percentage of the Backstop Commitment as set forth opposite such Backstop Party’s name under the column titled “Backstop Commitment Percentage” on Schedule 1 (as it may be
amended, supplemented or otherwise modified from time to time in accordance with this Agreement). 
 “Backstop Party
Default” means the failure by any Backstop Party to deliver and pay the aggregate Purchase Price for such Backstop Party’s Backstop Commitment Percentage of any Backstop Shares by the Backstop Escrow Funding Date in accordance with
Section 2.4(b). 
 “Backstop Shares” means the Unsubscribed Shares. 

  
 3 

 “BCA Approval Obligations” means the obligations of the Company
under Articles III, VI and VIII hereof and the Backstop Parties’ right to terminate this Agreement pursuant to, and in accordance with, Article IX. 

“BCA Approval Order” means an order entered by the Bankruptcy Court authorizing the Debtors’ performance of
the BCA Approval Obligations in form and substance reasonably satisfactory to the Requisite Backstop Parties. 

“Board” means the board of directors of the Company. 

“Business Day” means any day, other than a Saturday, Sunday or legal holiday, as defined in Bankruptcy Rule
9006(a). 
 “Bylaws” means the amended and restated bylaws of the Company as of the Closing Date, which
shall be in form and substance reasonably satisfactory to the Requisite Backstop Parties. 
 “Certificate of
Incorporation” means the amended and restated certificate of incorporation of the Company as of the Closing Date, which shall be in form and substance reasonably satisfactory to the Requisite Backstop Parties. 

“Change of Recommendation” means (i) the Company or the Board or any committee thereof shall have withdrawn,
qualified or modified, in a manner inconsistent with the obligations of the Company under this Agreement, its approval or recommendation of this Agreement, the Rights Offerings, the Backstop Commitment or the Amended Plan or the transactions
contemplated hereby or thereby or (ii) the Company or the Board or any committee thereof shall have approved or recommended, or resolved to approve or recommend (including by filing any pleading or document with the Bankruptcy Court seeking
Bankruptcy Court approval of) any Alternate Transaction or Alternate Transaction Agreement. 
 “Code”
means the Internal Revenue Code of 1986, as amended, and the regulations promulgated and the rulings issued thereunder. 

“Collective Bargaining Agreements” means any and all written agreements, memoranda of understanding, contracts,
letters, side letters and contractual obligations of any kind, nature and description, that have been entered into between, or that involve or apply to, any employer and any Employee Representative. 

“Company Disclosure Schedule” means the disclosure schedules delivered by the Company to the Backstop Parties on
the date of this Agreement, which disclosure schedules may be updated by the Company from time to time prior to the Rights Offerings Expiration Time (other than with respect to Section 4.11); provided that such updates after the
date hereof shall be reasonably satisfactory to the Requisite Backstop Parties. 

  
 4 

 “Company Plans” means each “employee benefit plan” within
the meaning of Section 3(3) of ERISA and all other compensation and benefits plans, policies, programs, arrangements or payroll practices, and each other stock purchase, stock option, restricted stock, severance, retention, employment,
consulting, change-of-control, collective bargaining, bonus, incentive, deferred compensation, employee loan, retirement, fringe benefit and other benefit plan, agreement, program, policy, commitment or other arrangement, whether or not subject to
ERISA (including any related funding mechanism now in effect or required in the future), whether formal or informal, oral or written, in each case, that is sponsored, maintained, contributed or required to be contributed to by the Company or any of
its Subsidiaries, or under which the Company or any of its Subsidiaries has any current or potential liability. 

“Company SEC Documents” means all of the reports, schedules, forms, statements and other documents (including
exhibits and other information incorporated therein) filed with the SEC by the Company on or after the Petition Date. 

“Contract” means any agreement, contract or instrument, including any loan, note, bond, mortgage, indenture,
guarantee, deed of trust, license, franchise, commitment, lease, franchise agreement, letter of intent, memorandum of understanding or other obligation, and any amendments thereto, whether written or oral, but excluding any Company Plan. 

“Cover Transaction” means a circumstance in which the Company funds all or a portion of the Deficiency Amount
through available cash and/or the Company arranges for the sale of any remaining Available Shares to any other Person. 

“Defaulting Backstop Party” means, at any time, any Backstop Party that caused a Backstop Party Default that is
continuing at such time. 
 “Deficiency Amount” means the difference between (x) the Rights
Offerings Amount, minus (y) the aggregate amount on deposit in the Rights Offerings Escrow Accounts, calculated as of the first Business Day following the expiration of the Backstop Party Replacement Period (after giving effect to a
Backstop Party Replacement). 
 “DIP ABL Event of Default” means an “Event of Default” under,
and as defined in, the DIP ABL Credit Agreement. 
 “DIP Agent” means Wilmington Trust, National
Association, in its capacity as administrative agent and collateral agent under the DIP Term Loan Credit Agreement, or any successor administrative agent and collateral agent appointed in accordance with DIP Term Loan Credit Agreement. 

“DIP Term Loan Event of Default” means an “Event of Default” under, and as defined in, the DIP Term
Loan Credit Agreement. 
 “Eastman Business Park” means that certain 1,200-acre technology center and
industrial complex located in Rochester, New York, and includes the relevant portions of the Genesee River. 

  
 5 

 “Eastman Business Park Settlement Agreement” means the settlement
agreement, in form and substance reasonably satisfactory to the Debtors, proposed to be entered into by and among the Empire State Development (as coordinator for various agencies of the State of New York, including the New York State Department of
Environmental Conservation) and the Company and, to the extent applicable, its Subsidiaries, with respect to the settlement of the Company’s and, to the extent applicable, its Subsidiaries’ liabilities for historical environmental impacts
in and around the Eastman Business Park through the establishment of a $49,000,000 environmental trust (as described in the Amended Disclosure Statement). 
 “Eligible Claim” means any Allowed Class 4 General Unsecured Claim or Allowed Class 6 Retiree Settlement Unsecured Claim. 

“Emergence Financing Availability” means the amount, determined on a pro forma basis after giving effect to the
transactions contemplated by the Amended Plan and this Agreement and the occurrence of the Effective Date, equal to the amount that is available for additional borrowings or issuances of letters of credit under the Emergence ABL Credit Agreement on
the Effective Date. 
 “ERISA” means the Employee Retirement Income Security Act of 1974, as amended,
and the rules and regulations promulgated thereunder. 
 “Event” means any event, development,
occurrence, circumstance or change. 
 “Exchange Act” means the Securities Exchange Act of 1934, as
amended, and the rules and regulation of the SEC thereunder. 
 “General Rights Offerings Escrow
Accounts” means the escrow accounts established pursuant to the Rights Offerings Procedures pursuant to which Rights Offerings Participants are required to fund the Purchase Price. 

“Governmental Entity” means any U.S. or non-U.S. federal, state, municipal, local, judicial, administrative,
legislative or regulatory agency, department, commission, court, or tribunal of competent jurisdiction (including any branch, department or official thereof). 
 “HSR Act” means the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. 
 “Initial Disclosure Statement” means the Disclosure Statement for Debtors’ Joint Plan of Reorganization under Chapter 11 of the Bankruptcy Code filed with the Bankruptcy Court
on April 30, 2013 (Docket No. 3651). 
 “Initial Plan” means the Joint Chapter 11 Plan of
Reorganization of Eastman Kodak Company and its Debtor Affiliates filed with the Bankruptcy Court on April 30, 2013 (Docket No. 3650). 
 “Intellectual Property” means all U.S. or foreign intellectual or industrial property or proprietary rights, including any: (i) trademarks, service marks, trade dress, domain
names, social media identifiers, corporate and trade names, logos and all other indicia of source or origin, together with all associated goodwill, (ii) patents, inventions, invention disclosures, technology, know-how, processes and methods,
(iii) copyrights and copyrighted works, 

  
 6 

 
(including software, applications, source and object code, databases and compilations, online, advertising and promotional materials, mobile and social media content and documentation),
(iv) trade secrets and confidential or proprietary information or content, and (v) all registrations, applications, renewals, re-issues, continuations, continuations-in-part, divisions, extensions, re-examinations and foreign counterparts
of any of the foregoing. 
 “IRS” means the United States Internal Revenue Service. 

“Knowledge of the Company” means the actual knowledge, after a reasonable inquiry of their direct reports, of the
chief executive officer, chief restructuring officer, chief financial officer or general counsel of the Company. 

“Law” means any law (statutory or common), statute, regulation, rule, code or ordinance enacted, adopted, issued
or promulgated by any Governmental Entity. 
 “Lead Backstop Party” means GSO Capital Partners, together
with its Affiliates and Related Purchasers (if any). 
 “Lien” means any lease, lien, adverse claim,
charge, option, right of first refusal, servitude, security interest, mortgage, pledge, deed of trust, easement, encumbrance, restriction on transfer, conditional sale or other title retention agreement, defect in title or other restrictions of a
similar kind. 
 “Majority Backstop Parties” means at least two of the Backstop Parties that are not
Affiliates of each other (other than any Defaulting Backstop Parties) holding at least a majority of the aggregate Backstop Commitment Percentages held by all of the Backstop Parties (other than any Defaulting Backstop Parties); provided that
for purposes of this definition, each such Backstop Party shall be deemed to hold the Backstop Commitment Percentages held by such backstop Party’s Related Purchasers. 
 “Material Adverse Effect” means any Event after April 30, 2013 which, together with all other Events, has had or would reasonably be expected to have a material adverse effect
on (i) the business, assets, liabilities, finances, properties, results of operations, condition (financial or otherwise) or the prospects for the five-year forecast period as set forth in the Amended Disclosure Statement, in each case of the
Post-Effective Date Business, or (ii) the ability of the Company to perform its obligations under, or to consummate the transactions contemplated by, this Agreement or the Amended Plan, including the Rights Offerings, in each case, except to
the extent such Event results from (A) any change after the date hereof in global, national or regional political conditions (including acts of terrorism or war) or in the general business, market and economic conditions affecting the
industries and regions in which the Company and its Subsidiaries operate; (B) the matters identified or described in the Amended Disclosure Statement (excluding any risk factor disclosure and disclosure included in any “forward-looking
statements” disclaimer or other statements included in the Amended Disclosure Statement that are predictive, forward-looking, non-specific or primarily cautionary in nature) or the Company Disclosure Schedules as delivered on the date
hereof; (C) any changes after the date hereof in applicable Law, in GAAP or the interpretation or enforcement thereof; 

  
 7 

 
(D) the execution, announcement or performance of this Agreement or the transactions contemplated hereby; (E) any act or omission of the Company or its Subsidiaries required or prohibited,
as applicable, by this Agreement or consented to or requested by the Requisite Backstop Parties in writing; (F) changes in the market price or trading volume of the Claims or securities of the Company (but not the underlying facts giving rise
to such changes); (G) the departure of officers or directors of the Company (but not the underlying facts giving rise to such departure); (H) the pendency of the Chapter 11 Proceedings; or (I) any loss of, or restriction imposed on,
the Tax attributes or Tax assets of the Company and its Subsidiaries under Sections 382 and 383 of the Code, and any other similar state, local or foreign law, as a result of the implementation of the Amended Plan. 

“Material Entity” means the Company and any Subsidiary of the Company that is a “significant
subsidiary” as defined in Rule 1-02(w) of Regulation S-X promulgated pursuant to the Exchange Act. 
 “Materials
of Environmental Concern” means any gasoline or petroleum (including crude oil or any fraction thereof) or petroleum products, polychlorinated biphenyls, urea-formaldehyde insulation, asbestos, pollutants, contaminants, radioactivity,
and any other substances of any kind, that are regulated pursuant to or could give rise to liability under any Environmental Law. 
 “NJ Shareholder Protection Act” means the New Jersey Shareholders’ Protection Act, N.J.S.A. 14A:10A-1 et seq. 

“Order” means any judgment, order, award, injunction, writ, permit, license or decree of any Governmental Entity
or arbitrator. 
 “Overallotment Procedures” has the meaning set forth in the 4(2) Rights Offering
Procedures. 
 “Overallotment Shares” means the collective reference to the Backstop Party Overallotment
Shares and the 4(2) Overallotment Shares, each as defined in the 4(2) Rights Offering Procedures. 
 “Owned Real
Property” means all real property and interests in real property owned, in whole or in part, directly or indirectly by the Company and its Subsidiaries, together with all buildings, fixtures and improvements now or subsequently located
thereon, and all appurtenances thereto. 
 “Permitted Liens” means (i) Liens for Taxes,
assessments, and other governmental levies, fees or charges that (A) are not due and payable or (B) are being contested in good faith by appropriate proceedings and for which adequate reserves have been made with respect thereto;
(ii) mechanics liens and similar liens for labor, materials or supplies provided with respect to any Owned Real Property or personal property incurred in the ordinary course of business consistent with past practice and as otherwise not
prohibited under this Agreement, for amounts that (A) do not materially detract from the value of, or materially impair the use of, any 

  
 8 

 
of the Owned Real Property or personal property of the Company or any of its Subsidiaries or (B) are being contested in good faith by appropriate proceedings; (iii) zoning, building
codes and other land use Laws regulating the use or occupancy of any Owned Real Property or the activities conducted thereon that are imposed by any Governmental Entity having jurisdiction over such real property; provided that no such
zoning, building codes and other land use Laws prohibit the use or occupancy of such Owned Real Property; (iv) easements, covenants, conditions, restrictions and other similar matters affecting title to any Owned Real Property and other title
defects that do not or would not materially impair the use or occupancy of such real property or the operation of the Company’s or any of its Subsidiaries’ business; (v) all licenses, agreements, settlements, consents, covenants not
to assert and other contracts that were entered into in the ordinary course of business consistent with past practice; (vi) after the occurrence of the Effective Date, Liens granted in connection with the Emergence Credit Facilities; and
(vii) Liens that, pursuant to the Confirmation Order, will not survive beyond the Effective Date. 

“Person” means an individual, firm, corporation (including any non-profit corporation), partnership, limited
liability company, joint venture, associate, trust, Governmental Entity or other entity or organization. 
 “Plan
Solicitation Motion” means the Debtors’ Motion for an Order (i) approving the Initial Disclosure Statement; (ii) establishing a Voting Record Date for the Initial Plan; (iii) approving solicitation packages and
procedures for the distribution thereof; (iv) approving the forms of ballots; (v) establishing procedures for voting on the Initial Plan; (vi) establishing notice and objection procedures for the Confirmation of the Initial Plan; and
(vii) establishing procedures for the assumption and/or assignment of executory contracts and unexpired leases under the Initial Plan (Docket No. 3763). 
 “Plan Solicitation Order” means the order, substantially in the form attached to the Plan Solicitation Motion, which order shall, among other things, seek approval of the Amended
Disclosure Statement and the commencement of a solicitation of votes to accept or reject the Amended Plan, which order shall be in form and substance reasonably satisfactory to the Requisite Backstop Parties. 

“Post-Effective Date Business” means the businesses, assets and properties of the Company and its Subsidiaries,
taken as a whole, as of the Effective Date after giving effect to the transactions contemplated by the Amended Plan, as described in the Amended Disclosure Statement. 
 “Purchase Price” means $11.94. 
 “Real Property
Leases” means those leases, subleases, licenses, concessions and other agreements, as amended, modified or restated, pursuant to which the Company or one of its Subsidiaries holds a leasehold or subleasehold estate in, or is granted the
right to use or occupy, any land, buildings, structures, improvements, fixtures or other interest in real property used in the Company’s or its Subsidiaries’ business. 

  
 9 

 “Related Party” means, with respect to any Person, (i) any
former, current or future director, officer, agent, Affiliate, employee, general or limited partner, member, manager or stockholder of such Person and (ii) any former, current or future director, officer, agent, Affiliate, employee, general or
limited partner, member, manager or stockholder of any of the foregoing. 
 “Reorganized Kodak Corporate
Documents” means the Bylaws and the Certificate of Incorporation. 
 “Representatives”
means, with respect to any Person, such Person’s directors, officers, employees, investment bankers, attorneys, accountants, advisors and other representatives. 
 “Requisite Backstop Parties” means the Backstop Parties (other than any Defaulting Backstop Parties) holding more than seventy-five percent (75%) of the aggregate Backstop
Commitment Percentages held by all of the Backstop Parties (other than any Defaulting Backstop Parties); provided that for purposes of this definition, each such Backstop Party shall be deemed to hold the Backstop Commitment Percentages held
by such Backstop Party’s Related Purchasers; provided further that to the extent the satisfaction or consent of the Requisite Backstop Parties is required in respect of any provision or document referred to herein or in the
Amended Plan, any such provision or document shall not (i) disproportionately and adversely affect any Backstop Party in its capacity as such or (ii) adversely affect the rights of any Backstop Party with respect to the allowance or
treatment of its Beneficially Controlled Votable Claims or its rights under the Rights Offerings Procedures, in each case without the consent of such Backstop Party. 
 “Rights” means the subscription rights distributed pursuant to and in accordance with the Rights Offerings Procedures. 

“Rights Offerings” means, collectively, the 1145 Rights Offering and the 4(2) Rights Offering. 

“Rights Offerings Amount” means an amount equal to $406,000,000. 

“Rights Offerings Escrow Accounts” means, collectively, the Backstop Escrow Account and the General Rights
Offerings Escrow Accounts. 
 “Rights Offerings Expiration Time” means the time and the date on which
the rights offering subscription form must be duly delivered to the Rights Offerings Subscription Agent in accordance with the Rights Offerings Procedures, together with the applicable Purchase Price. 

“Rights Offerings Participants” means those Persons who duly subscribe for Rights Offerings Shares in accordance
with the Rights Offerings Procedures. 
 “Rights Offerings Procedures” means, collectively, the 1145
Rights Offering Procedures and the 4(2) Rights Offering Procedures. 

  
 10 

 “Rights Offerings Procedures Order” means an order entered by the
Bankruptcy Court, in form and substance reasonably satisfactory to the Requisite Backstop Parties, approving the commencement of the Rights Offerings in accordance with the Rights Offerings Procedures. 

“Rights Offerings Shares” means, collectively, 4(2) Rights Offering Shares, and 1145 Rights Offering Shares.

 “Rights Offerings Subscription Agent” means a subscription agent appointed by the Debtors and
reasonably satisfactory to the Requisite Backstop Parties. 
 “SEC” means the U.S. Securities and
Exchange Commission. 
 “Securities Act” means the Securities Act of 1933, as amended, and the rules and
regulations of the SEC thereunder. 
 “Subsidiary” means, with respect to any Person, any corporation,
partnership, joint venture or other legal entity as to which such Person (either alone or through or together with any other subsidiary), (i) owns, directly or indirectly, more than fifty percent (50%) of the stock or other equity
interests, (ii) has the power to elect a majority of the board of directors or similar governing body or (iii) has the power to direct the business and policies. 
 “Superior Transaction” means an Alternate Transaction, which the Board, after consultation with its outside legal counsel and its independent financial advisor, determines in good
faith to be more favorable to the bankruptcy estate of the Company and the estates of the other Debtors than the transactions contemplated by this Agreement and the Plan, including providing (i) a higher and better recovery for the unsecured
creditors of the Debtors, taking into account all aspects of such Alternate Transaction and the Board’s good-faith estimate of the likelihood and timing of consummating the Alternate Transaction and (ii) a recovery to holders of Allowed
Second Lien Notes Claims at least as favorable as the recovery set forth in the Amended Plan. 
 “Takeover
Statute” means any restrictions contained in any “fair price,” “moratorium,” “control share acquisition”, “business combination” or other similar anti-takeover statute or regulation. 

“Taxes” means all taxes, assessments, duties, levies or other mandatory governmental charges paid to a
Governmental Entity, including all federal, state, local, foreign and other income, franchise, profits, gross receipts, capital gains, capital stock, transfer, property, sales, use, value-added, occupation, excise, severance, windfall profits,
stamp, payroll, social security, withholding and other taxes, assessments, duties, levies or other mandatory governmental charges of any kind whatsoever paid to a Governmental Entity (whether payable directly or by withholding and whether or not
requiring the filing of a Tax Return), all estimated taxes, deficiency assessments, additions to tax, penalties and interest thereon and shall include any liability for such amounts as a result of being a member of a combined, consolidated, unitary
or affiliated group. 

  
 11 

 “Transfer” means sell, transfer, assign, pledge, hypothecate,
participate, donate or otherwise encumber or dispose of. 
 “Unsubscribed Shares” means the 4(2) Rights
Offering Shares (after giving effect to the purchase of any Overallotment Shares) that have not been duly purchased by the Rights Offerings Participants in accordance with the Rights Offerings Procedures and the Amended Plan. 

“Votable Claims” means Allowed Second Lien Notes Claims, Allowed General Unsecured Claims or Allowed Retiree
Settlement Unsecured Claims. 
 “Warrants” means the warrants to purchase shares of New Common Stock
issued pursuant to the Amended Plan, which shall be on the terms substantially as set forth on Exhibit E and otherwise reasonably satisfactory to the Backstop Parties. 

Section 1.2 Additional Defined Terms. In addition to the terms defined in Section 1.1, additional defined
terms used herein shall have the respective meanings assigned thereto in the Sections indicated in the table below. 
  

			
	 Defined Term
	  	 Section

	Agreement	  	Preamble
	Alternate Transaction Agreement	  	Section 9.1(d)(iii)
	Alternate Transaction Proposal	  	Section 6.7(a)
	Backstop Commitment	  	Section 2.2
	Backstop Commitment Fees	  	Section 3.1(b)
	Backstop Escrow Account	  	Section 2.4(a)
	Backstop Escrow Funding Date	  	Section 2.4(b)
	Backstop Party	  	Preamble
	Backstop Party Replacement	  	Section 2.3(a)
	Backstop Party Replacement Period	  	Section 2.3(a)
	Bankruptcy Code	  	Recitals
	Bankruptcy Court	  	Recitals
	BCA Approval Order	  	Recitals
	BCA Consummation Approval Order	  	Recitals
	Beneficially Controlled Votable Claims	  	Section 5.10(a)
	Chapter 11 Proceedings	  	Recitals
	Closing	  	Section 2.5(a)
	Closing Date	  	Section 2.5(a)
	Company	  	Preamble
	Company Plans	  	Section 4.21(a)
	Confidentiality Agreement	  	Section 6.5
	Confirmation Order	  	Recitals
	Consummation Fee	  	Section 3.1(b)
	Cover Transaction Period	  	Section 2.3(d)
	Debtor	  	Recitals
	Definitions	  	Section 1.1

  
 12 

			
	 Defined Term
	  	 Section

	Employee Representative	  	Section 4.14(a)
	Environmental Laws	  	Section 4.19(a)
	Expense Reimbursement	  	Section 3.3
	Feeless Termination Event	  	Section 3.2
	Filing Party	  	Section 6.4(b)
	Financial Reports	  	Section 6.6(a)
	Financial Statements	  	Section 4.9
	Foreign Benefit Plan	  	Section 4.21(h)
	Funding Notice	  	Section 2.4(a)
	GAAP	  	Section 4.9
	Indemnified Claim	  	Section 8.2
	Indemnified Person	  	Section 8.1
	Indemnifying Party	  	Section 8.1
	Infringed	  	Section 4.15
	Initial Commitment Fee	  	Section 3.1(a)
	Joinder Agreement	  	Section 6.9(b)
	Joint Filing Party	  	Section 6.4(c)
	KPP Global Settlement Order	  	Section 7.1(h
	Legal Proceedings	  	Section 4.13
	Legend	  	Section 6.18
	Long Pole Jurisdiction	  	Section 6.4(f)
	Losses	  	Section 8.1
	Material Contracts	  	Section 4.24
	Money Laundering Laws	  	Section 4.26
	Multiemployer Plan	  	Section 4.21(c)
	Non-Waiving Backstop Parties	  	Section 7.2
	Outside Date	  	Section 9.1(e)
	Party	  	Preamble
	Petition Date	  	Recitals
	Registration Rights Agreement	  	Section 6.14
	Related Purchaser	  	Section 2.6(a)
	Replacing Backstop Parties	  	Section 2.3(a)
	Tax Return	  	Section 4.20(a)
	Transaction Agreements	  	Section 4.2(a)
	Ultimate Purchaser	  	Section 2.6(b)
	U.S. Benefit Plans	  	Section 4.21(b)
	Waiving Backstop Parties	  	Section 7.2
	willful or intentional breach	  	Section 9.2

  
 13 

 Section 1.3 Construction. In this Agreement, unless the context otherwise
requires: 
 (a) references to Articles, Sections, Exhibits and Schedules are references to the articles and
sections or subsections of, and the exhibits and schedules attached to, this Agreement; 
 (b) the descriptive
headings of the Articles and Sections of this Agreement are inserted for convenience only, do not constitute a part of this Agreement and shall not affect in any way the meaning or interpretation of this Agreement; 

(c) references in this Agreement to “writing” or comparable expressions include a reference to a written
document transmitted by means of electronic mail in portable document format (.pdf), facsimile transmission or comparable means of communication; 
 (d) words expressed in the singular number shall include the plural and vice versa; words expressed in the masculine shall include the feminine and neuter gender and vice versa; 

(e) the words “hereof”, “herein”, “hereto” and “hereunder”, and words of similar
import, when used in this Agreement, shall refer to this Agreement as a whole, including all Exhibits and Schedules attached to this Agreement, and not to any provision of this Agreement; 

(f) the term this “Agreement” shall be construed as a reference to this Agreement as the same may have been, or
may from time to time be, amended, modified, varied, novated or supplemented; 
 (g) “include”,
“includes” and “including” are deemed to be followed by “without limitation” whether or not they are in fact followed by such words; 

(h) references to “day” or “days” are to calendar days; 

(i) references to “the date hereof” means as of the date of this Agreement; 

(j) unless otherwise specified, references to a statute means such statute as amended from time to time and includes any
successor legislation thereto and any regulations promulgated thereunder in effect on the date of this Agreement; and 
 (k) references to “dollars” or “$” are to United States of America dollars. 
 ARTICLE II 
 BACKSTOP COMMITMENT 

Section 2.1 The Rights Offerings; Overallotment. On and subject to the terms and conditions hereof, including entry of
the Rights Offerings Procedures Order by the Bankruptcy Court, the Company shall conduct the Rights Offerings pursuant to and in accordance with the Rights Offerings Procedures (including the Overallotment Procedures as set 

  
 14 

 
forth in the 4(2) Rights Offering Procedures), this Agreement, and the Amended Plan. Pursuant to the 4(2) Rights Offering, the Backstop Parties shall be entitled to purchase, in addition to their
4(2) Primary Shares (as defined in the 4(2) Rights Offering Procedures) and their 1145 Available Shares (as defined in the 1145 Rights Offering Procedures), and in accordance with the 4(2) Rights Offering Procedures, 10,000,000 of the 4(2) Rights
Offering Shares as allocated among the Backstop Parties that subscribe for all of their respective 4(2) Primary Shares (as defined in the 4(2) Rights Offering Procedures) based upon such Backstop Parties’ relative Backstop Commitment
Percentages or as otherwise agreed upon by all such Backstop Parties. No later than the Rights Offerings Expiration Time, the Backstop Parties shall provide the Subscription Agent for the Rights Offerings with written notice of such allocation of
the Backstop Party Overallotment Shares. 
 Section 2.2 The Backstop Commitment. On and subject to the terms
and conditions hereof, including entry of the BCA Consummation Approval Order, each Backstop Party agrees, severally and not jointly, to purchase, and the Company agrees to sell to such Backstop Party, on the Closing Date for the Purchase Price, the
amount of Unsubscribed Shares equal to such Backstop Party’s Backstop Commitment Percentage of the aggregate Unsubscribed Shares, rounded among the Backstop Parties solely to avoid fractional shares as the Backstop Parties may determine in
their sole discretion (such obligation to purchase the Unsubscribed Shares, the “Backstop Commitment”). 

Section 2.3 Backstop Party Default. 
 (a) Upon the occurrence of a Backstop Party Default, the Backstop Parties (other than any Defaulting Backstop Party) shall have the right, but shall not be obligated to, within five (5) Business Days
after receipt of written notice from the Company to all Backstop Parties of such Backstop Party Default (which notice shall be given promptly following the occurrence of such Backstop Party Default) (such five Business Day period, the
“Backstop Party Replacement Period”) to make arrangements for one or more of the Backstop Parties (other than the Defaulting Backstop Party) to purchase all or any portion of the Available Shares (such purchase, a
“Backstop Party Replacement”) on the terms and subject to the conditions set forth in this Agreement and in such amounts based upon the applicable Backstop Commitment Percentage of any such Backstop Parties or as may
otherwise be agreed upon by all of the Backstop Parties electing to purchase all or any portion of the Available Shares (such Backstop Parties, the “Replacing Backstop Parties”). Any such Available Shares purchased by a
Replacing Backstop Party shall be included in the determination of (x) the Backstop Shares of such Replacing Backstop Party for all purposes hereunder and (y) the Backstop Commitment Percentage of such Backstop Party for purposes of
Section 3.1. If a Backstop Party Default occurs, the Outside Date shall be delayed only to the extent necessary to allow for (A) the Backstop Party Replacement to be completed within the Backstop Party Replacement Period or
(B) the consummation of a Cover Transaction within the Cover Transaction Period. Notwithstanding anything to the contrary contained herein, if the Backstop Party Replacement has not been consummated upon expiration of the Backstop Party
Replacement Period and a Cover Transaction has not been consummated prior to the expiration of the Cover Transaction Period, this Agreement may be terminated by either the Company by written notice to each Backstop Party or by the Majority Backstop
Parties by written notice to the Company. 

  
 15 

 (b) If a Backstop Party is or becomes a Defaulting Backstop Party, it shall not be entitled
to any of the Backstop Commitment Fees hereunder and shall repay its portion of the Backstop Commitment Fees by wire transfer in immediately available funds in U.S. dollars to the extent received from the Company (i) if a Backstop Party
Replacement has been consummated, to the Replacing Backstop Parties pro rata based upon the amount of Available Shares purchased by each such Replacing Backstop Party within one (1) Business Day of receiving written notice by the Company or any
other Backstop Party of the consummation of such Backstop Party Replacement, or (ii) if this Agreement has been terminated pursuant to Section 2.3(a) due to such Backstop Party’s Backstop Party Default, to the Company promptly
upon receipt of written notice by the Company or any other Backstop Party of such termination. 
 (c) Nothing in this Agreement
shall be deemed to require a Backstop Party to purchase more than its Backstop Commitment Percentage of the Unsubscribed Shares. 

(d) Notwithstanding the foregoing, if the non-Defaulting Backstop Parties do not elect to subscribe for all of the Available Shares
pursuant to Section 2.3(a) prior to the expiration of the Backstop Party Replacement Period, the Company shall have an additional fifteen (15) Business Days following the expiration of the Backstop Party Replacement Period (such
period, the “Cover Transaction Period”) to consummate a Cover Transaction. 
 (e) For the avoidance of
doubt, notwithstanding anything to the contrary set forth in Section 9.2 but subject to Section 10.10, no provision of this Agreement shall relieve any Defaulting Backstop Party from liability hereunder in connection with
such Defaulting Backstop Party’s Backstop Party Default. 
 Section 2.4 Backstop Escrow Account Funding.

 (a) Funding Notice. (A) No later than the fifth (5th) Business Day following the Rights Offerings Expiration Time,
the Rights Offerings Subscription Agent shall deliver to each Backstop Party a written notice (the “Initial Funding Notice”) or (B) if an Escrow Release occurs, no later than the third (3rd) Business Day prior to
the Effective Date, the Rights Offerings Subscription Agent shall deliver to each Backstop Party a written notice (the “Subsequent Funding Notice” and, together with the Initial Funding Notice, a “Funding
Notice”), in each case of (i) the number of Rights Offering Shares elected to be purchased by the Rights Offerings Participants and the aggregate Purchase Price therefor; (ii) the aggregate number of Unsubscribed Shares, if
any, and the aggregate Purchase Price therefor; (iii) the aggregate number of Unsubscribed Shares (based upon such Backstop Party’s Backstop Commitment Percentage) to be issued and sold by the Company to such Backstop Party and the
aggregate Purchase Price therefor; and (iv) the escrow account to which such Backstop Party shall deliver and pay the aggregate Purchase Price for such Backstop Party’s Backstop Commitment Percentage of the Unsubscribed Shares (the
“Backstop Escrow Account”). The Rights Offerings Subscription Agent shall promptly provide any written backup, information and documentation relating to the information contained in the applicable Funding Notice as any
Backstop Party may reasonably request. 

  
 16 

 (b) Backstop Escrow Account Funding. No later than the second
(2nd) Business Day following receipt of the Initial
Funding Notice (such date, the “Backstop Escrow Funding Date”), each Backstop Party shall deliver and pay the aggregate Purchase Price for such Backstop Party’s Backstop Commitment Percentage of the Unsubscribed Shares
by wire transfer in immediately available funds in U.S. dollars into the Backstop Escrow Account in satisfaction of such Backstop Party’s Backstop Commitment. The Backstop Escrow Account shall be established with an escrow agent satisfactory to
the Backstop Parties and the Company pursuant to an escrow agreement in form and substance reasonably satisfactory to the Requisite Backstop Parties and the Company. The funds held in the Backstop Escrow Account shall be released, and each Backstop
Party shall receive from the Backstop Escrow Account the cash amount actually funded to the Backstop Escrow Account by such Backstop Party, plus any interest accrued thereon, promptly following the earlier to occur of (i) the termination of
this Agreement in accordance with its terms and (ii) September 3, 2013, provided that if the funds are released from the Escrow Account pursuant to the foregoing clause (ii) (an “Escrow Release”), each
Backstop Party shall be required to re-deliver such released funds no later than two Business Days after receipt of a Subsequent Funding Notice. At any time after delivery of such Subsequent Funding Notice, the funds held in the Backstop Escrow
Account shall be released, and each Backstop Party shall receive from the Backstop Escrow Account the cash amount actually funded to the Backstop Escrow Account by such Backstop Party, plus accrued interest thereon, promptly following the earlier to
occur of (i) the termination of this Agreement in accordance with its terms and (ii) the Outside Date if, by such date, the Closing Date has not occurred. 
 Section 2.5 Closing. 
 (a) Subject to Article VII, unless
otherwise mutually agreed in writing between the Company and the Requisite Backstop Parties, the closing of the Backstop Commitments (the “Closing”) shall take place at the offices of Sullivan & Cromwell LLP, 125
Broad Street, New York, New York 10004, at 11:00 a.m., New York City time, on the date on which all of the conditions set forth in Article VII shall have been satisfied or waived in accordance with this Agreement (other than conditions that
by their terms are to be satisfied at the Closing, but subject to the satisfaction or waiver of such conditions). The date on which the Closing actually occurs shall be referred to herein as the “Closing Date”. 

(b) At the Closing, the funds held in the Backstop Escrow Account shall be released and utilized as set forth and in accordance with
Section 6.17 and the Amended Plan. 
 (c) At the Closing, issuance of the Backstop Shares will be made by the Company
to the account of each Backstop Party (or to such other accounts as any Backstop Party may designate in accordance with this Agreement) against payment of the aggregate Purchase Price for the Backstop Shares of such Backstop Party. Unless a Backstop
Party requests delivery of a physical stock certificate, the entry of any Backstop Shares to be delivered pursuant to this Section 2.5(c) into the account of a Backstop Party pursuant to the Company’s book entry procedures and
delivery to such Backstop Party of an account statement reflecting the book entry of such Backstop Shares shall be deemed delivery of such Backstop Shares for purposes of this Agreement. Notwithstanding anything to the contrary in this Agreement,
all Backstop Shares will be delivered with all issue, stamp, transfer, sales and use, or similar Taxes or duties that are due and payable (if any) in connection with such delivery duly paid by the Company. 

  
 17 

 Section 2.6 Designation and Assignment Rights. 

(a) Each Backstop Party shall have the right to designate by written notice to the Company no later than two (2) Business Days prior
to the Closing Date that some or all of its Backstop Shares be issued in the name of, and delivered to, one or more of its Affiliates (each a “Related Purchaser”) upon receipt by the Company of payment therefor in accordance
with the terms hereof, which notice of designation shall (i) be addressed to the Company and signed by such Backstop Party and each Related Purchaser, (ii) specify the number of Backstop Shares to be delivered to or issued in the name of
such Related Purchaser and (iii) contain a confirmation by such Related Purchaser of the accuracy of the representations set forth in Sections 5.6 through 5.9 as applied to such Related Purchaser; provided that no such
designation pursuant to this Section 2.6(a) shall relieve such Backstop Party from its obligations under this Agreement. 
 (b) Each Backstop Party shall have the right to sell, transfer and assign all or any portion of its Backstop Commitment to (i) a Related Purchaser or (ii) one or more Persons (other than a
Related Purchaser) that is reasonably acceptable to the Company and the Requisite Backstop Parties (each such Related Purchaser or other Person, an “Ultimate Purchaser”) and that, in each case agrees in a writing addressed to
the Company (a) to purchase such portion of such Backstop Party’s Backstop Commitment and (b) to be fully bound by, and subject to, this Agreement; provided that no such sale, transfer or assignment pursuant to this
Section 2.6(b) shall relieve such Backstop Party from its obligations under this Agreement. 
 (c) Each Backstop
Party, severally and not jointly, agrees that it will not, directly or indirectly, assign or otherwise transfer, at any time prior to the Closing Date or earlier termination of this Agreement in accordance with its terms, any of its rights and
obligations under this Agreement to any Person other than in accordance with Sections 2.3, 2.6(a), 2.6(b), 6.9, 7.2, 10.7 or any other provision of this Agreement which expressly permits such
assignment or transfer. After the Closing Date, nothing in this Agreement shall limit or restrict in any way any Backstop Party’s ability to Transfer any of its shares of New Common Stock or any interest therein; provided that any such
Transfer shall be made pursuant to an effective registration statement under the Securities Act or an exemption from the registration requirements thereunder and pursuant to applicable securities Laws. 

ARTICLE III 

BACKSTOP COMMITMENT FEES AND EXPENSE REIMBURSEMENT 
 Section 3.1 Fees Payable by the Company. Subject to Section 3.2, as consideration for the Backstop Commitment and the other agreements of the Backstop Parties in this
Agreement, the Debtors shall pay or cause to be paid the following fees: 
 (a) a nonrefundable aggregate fee in an amount equal
to 4.0% of the Rights Offerings Amount, calculated in accordance with Section 3.2, to the Backstop Parties (including any Replacing Backstop Party, but excluding any Defaulting Backstop Party) or their designees based upon their
respective Backstop Commitment Percentages (the “Initial Commitment Fee”); and 

  
 18 

 (b) a nonrefundable aggregate fee in an amount equal to 1.0% of the Rights Offerings Amount,
in accordance with Section 3.2, to the Backstop Parties (including any Replacing Backstop Party, but excluding any Defaulting Backstop Party) or their designees based upon their respective Backstop Commitment Percentages (the
“Consummation Fee” and, together with the Initial Commitment Fee, the “Backstop Commitment Fees”). 
 The provisions for the payment of the Backstop Commitment Fees and Expense Reimbursement are an integral part of the transactions contemplated by this Agreement and without these provisions the Backstop
Parties would not have entered into this Agreement, and the Backstop Commitment Fees and Expense Reimbursement shall constitute allowed administrative expenses of the Debtors’ estate under Sections 503(b) and 507 of the Bankruptcy Code. At the
Company’s election, it shall be entitled to satisfy its obligation to pay the Backstop Commitment Fees on the Closing Date in cash or by issuing additional shares of New Common Stock to the Backstop Parties in lieu of any cash payment (the
number of shares of New Common Stock to be issued in satisfaction of the Backstop Commitment Fees will be equal to 1,700,168). 

Section 3.2 Payment of Fees. The Backstop Commitment Fees shall be fully earned upon entry of the BCA Approval Order and
shall be paid by the Debtors on the Closing Date as set forth above; provided that the Initial Commitment Fee (but not the Consummation Fee) shall be paid solely in cash no later than two (2) Business Days following termination of this
Agreement pursuant to Article IX (other than (A) a termination of this Agreement pursuant to Section 9.1(a), Section 9.1(b) or Section 9.1(f)(i), (B) a termination of this Agreement pursuant to
Section 9.1(d)(iv) as a result of the inaccuracy of the representation and warranty set forth in Section 4.11 or (C) a termination of this Agreement pursuant to Section 9.1(e) if the condition set forth in
Section 7.1(z) has not been satisfied (clauses (A), (B) and (C), “Feeless Termination Events”)). For the avoidance of doubt, (x) the Backstop Commitment Fees will be payable regardless of the amount of
Unsubscribed Shares (if any) and no Backstop Commitment Fees will be payable (either in cash or in shares of New Common Stock) if this Agreement is terminated as a result of a Feeless Termination Event and (y) the Consummation Fee shall be
payable only if the Closing occurs. Cash payments of the Backstop Commitment Fees shall be made as and when due and payable by wire transfer of immediately available funds in U.S. dollars to the account(s) specified by each Backstop Party to the
Company in writing. Except as provided for in Section 2.3(b), the Backstop Commitment Fees will be nonrefundable and non-avoidable when paid. 
 Section 3.3 Expense Reimbursement. Until the earlier to occur of (x) the Closing and (y) the termination of this Agreement, the Debtors agree to pay the documented reasonable
fees and expenses (other than Taxes, if any) of Simpson Thacher & Bartlett LLP, Kramer Levin Naftalis & Frankel LLP, Kasowitz Benson Torres & Friedman LLP and one counsel for each jurisdiction that is reasonably necessary
to consummate the transactions contemplated by this Agreement, in each case that have been and are incurred by the Backstop 

  
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Parties in connection with the negotiation, preparation and implementation of the Backstop Commitment and the Rights Offerings, including the Backstop Parties’ negotiation, preparation and
implementation of this Agreement (including the Backstop Commitment and the other transactions contemplated hereby), the Amended Plan, the Registration Rights Agreement and the other agreements contemplated hereby and thereby, and in each case
subject to any limitations that may be separately agreed in writing between the Company and the applicable Backstop Party (the “Expense Reimbursement”). The Expense Reimbursement accrued through the date on which the BCA
Approval Order is entered shall be paid within ten (10) Business Days thereof. The Expense Reimbursement shall thereafter be payable by the Debtors on a monthly basis. Following the last Business Day of each calendar month following the month
in which the BCA Approval Order has been entered by the Bankruptcy Court, the Backstop Parties shall deliver to the Debtors, the Creditors’ Committee and the United States Trustee a written and reasonably documented (subject to redaction to
preserve attorney client and work product privileges) invoice for their reimbursable fees and expenses; provided that the Expense Reimbursement shall not be subject to compliance with local guidelines issued by the Bankruptcy Court with
respect to payment of professional fees. The Debtors shall pay such invoices within ten (10) Business Days of receipt thereof. 
 ARTICLE IV 
 REPRESENTATIONS AND WARRANTIES OF THE COMPANY 

Except as set forth in (i) the Company SEC Documents filed prior to the date hereof (excluding any risk factor disclosure and
disclosure included in any “forward-looking statements” disclaimer or other statements included in such Company SEC Documents that are predictive, forward-looking, non-specific or primarily cautionary in nature), (ii) in the Amended
Disclosure Statement (excluding any risk factor disclosure and disclosure of risks included in any “forward-looking statements” disclaimer or other statements included in the Amended Disclosure Statement that are predictive,
forward-looking, non-specific or primarily cautionary in nature), or (iii) the Company Disclosure Schedule, the Debtors, jointly and severally, hereby represent and warrant to the Backstop Parties as set forth below. Any disclosure in the
Company SEC Documents or the Amended Disclosure Statement that is deemed to qualify a representation or warranty shall only so qualify a representation or warranty to the extent that it is made in such a way as to make the relevance of such
disclosure to these representations and warranties reasonably apparent on its face. 
 Section 4.1 Organization and
Qualification. Each Material Entity is a legal entity duly organized, validly existing and in good standing (or the equivalent thereof) under the Laws of its respective jurisdiction of incorporation or organization and has all requisite power
and authority to own, lease and operate its properties and to carry on its business as currently conducted. Each Material Entity is duly qualified or licensed to do business and is in good standing (or the equivalent thereof) under the Laws of each
other jurisdiction in which it owns, leases or operates properties or conducts any business, in each case except to the extent that the failure to be so qualified or licensed or be in good standing does not constitute a Material Adverse Effect.

  
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 Section 4.2 Corporate Power and Authority. 

(a) The Company has the requisite corporate power and authority (i) (A) subject to entry of the BCA Approval Order, to enter
into, execute and deliver this Agreement and to perform the BCA Approval Obligations and (B) subject to entry of the BCA Consummation Approval Order and the Confirmation Order, to perform each of its other obligations hereunder and
(ii) subject to entry of the BCA Consummation Approval Order and the Confirmation Order, to enter into, execute and deliver the Registration Rights Agreement and all other agreements to which it will be a party as contemplated by this Agreement
and the Amended Plan (this Agreement, the Registration Rights Agreement and such other agreements, collectively, the “Transaction Agreements”) and to perform its obligations under each of the Transaction Agreements (other
than this Agreement). Subject to the receipt of the foregoing Orders, as applicable, the execution and delivery of this Agreement and each of the other Transaction Agreements and the consummation of the transactions contemplated hereby and thereby
have been or will be duly authorized by all requisite corporate action on behalf of the Company, and no other corporate proceedings on the part of the Company are or will be necessary to authorize this Agreement or any of the other Transaction
Agreements or to consummate the transactions contemplated hereby or thereby. 
 (b) Subject to entry of the BCA Approval Order,
the BCA Consummation Approval Order and the Confirmation Order, each of the other Debtors has the requisite power and authority (corporate or otherwise) to enter into, execute and deliver each Transaction Agreement to which such other Debtor is a
party and to perform its obligations thereunder. Subject to the receipt of the foregoing Orders, as applicable, the execution and delivery of this Agreement and each of the other Transaction Agreements and the consummation of the transactions
contemplated hereby and thereby have been or will be duly authorized by all requisite corporate action on behalf of each other Debtor party thereto, and no other corporate proceedings on the part of any other Debtor party thereto are or will be
necessary to authorize this Agreement or any of the other Transaction Agreements or to consummate the transactions contemplated hereby or thereby. 
 (c) Subject to entry of the BCA Consummation Approval Order and the Confirmation Order, each of the Company and the other Debtors has the requisite corporate power and authority to perform its obligations
under the Amended Plan, and has taken all necessary corporate actions required for the due consummation of the Amended Plan in accordance with its terms. 
 Section 4.3 Execution and Delivery; Enforceability. Subject to entry of the BCA Approval Order, this Agreement will have been, and subject to the entry of the BCA Consummation Approval
Order and the Confirmation Order, each other Transaction Agreement will be, duly executed and delivered by the Company and each of the other Debtors party thereto. Upon entry of the BCA Approval Order and assuming this Agreement has been duly
authorized, executed and delivered by the Backstop Parties and the other parties thereto, the BCA Approval Obligations will constitute the valid and legally binding obligations of the Company and, to the extent applicable, the other Debtors,
enforceable against the Company and, to the extent applicable, the other Debtors in accordance with their respective terms, subject to bankruptcy, 

  
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insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors’ rights and to general principles of equity whether
applied in a court of law or a court of equity. Upon entry of the BCA Consummation Approval Order and assuming this Agreement has been duly authorized, executed and delivered by the Backstop Parties and the other parties thereto, each of the other
obligations hereunder will constitute the valid and binding obligations of the Company and, to the extent applicable, the other Debtors, enforceable against the Company and, to the extent applicable, the other Debtors, in accordance with their
terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors’ rights and to general principles of equity whether applied in a court of law
or a court of equity. 
 Section 4.4 Authorized and Issued Capital Stock. 

(a) On the Closing Date, (i) the authorized capital stock of the Company will consist of five hundred million
(500,000,000) shares of New Common Stock, (ii) the outstanding capital stock of the Company will consist of forty million (40,000,000) issued and outstanding shares of New Common Stock, plus any shares of New Common Stock issued
pursuant to the Retiree Committee Conversion Right and the Backstop Commitment Fees, (iii) no shares of New Common Stock will be held by the Company in its treasury, (iv) shares of New Common Stock will be reserved for issuance upon
exercise of stock options and other rights to purchase or acquire shares of New Common Stock granted in connection with the New Equity Plan or any other employment arrangement approved by the Requisite Backstop Parties, (v) shares of New Common
Stock will be reserved for issuance upon the exercise of the Warrants and (vi) other than the Warrants, no warrants to purchase shares of New Common Stock will be issued and outstanding. 

(b) As of the Closing Date, all issued and outstanding shares of New Common Stock will have been duly authorized and validly issued and
will be fully paid and non-assessable, and will not be subject to any preemptive rights (except as set forth in the Registration Rights Agreement). 
 (c) Except as set forth in this Section 4.4, as of the Closing Date, no shares of capital stock or other equity securities or voting interest in the Company will have been issued, reserved for
issuance or outstanding. 
 (d) Except as described in this Section 4.4 and except as set forth in the Registration
Rights Agreement, the Warrants, the Reorganized Kodak Corporate Documents, the Emergence Credit Facilities or any employment agreement entered into in accordance with Section 7.1(i), as of the Closing Date, neither the Company nor any
Material Entity will be party to or otherwise bound by or subject to any outstanding option, warrant, call, right, security, commitment, contract, arrangement or undertaking (including any preemptive right) that (i) obligates the Company or any
Material Entity to issue, deliver, sell or transfer, or repurchase, redeem or otherwise acquire, or cause to be issued, delivered, sold or transferred, or repurchased, redeemed or otherwise acquired, any shares of the capital stock of, or other
equity or voting interests in, the Company or any of its Subsidiaries or any security convertible or exercisable for 

  
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or exchangeable into any capital stock of, or other equity or voting interest in, the Company or any of its Subsidiaries, (ii) obligates the Company or any Material Entity to issue, grant,
extend or enter into any such option, warrant, call, right, security, commitment, contract, arrangement or undertaking, (iii) restricts the transfer of any shares of capital stock of the Company or any Material Entity or (iv) relates to
the voting of any shares of capital stock of the Company. 
 Section 4.5 Issuance. The shares of New Common
Stock to be issued pursuant to the Amended Plan, including the shares of New Common Stock to be issued in connection with the consummation of the Rights Offerings and pursuant to the terms hereof, will, when issued and delivered on the Closing Date,
be duly and validly authorized, issued and delivered and shall be fully paid and non-assessable, and free and clear of all Taxes, Liens (other than transfer restrictions imposed hereunder or by applicable Law), preemptive rights, subscription and
similar rights, other than any rights set forth in the Reorganized Kodak Corporate Documents, the Warrants and the Registration Rights Agreement. 
 Section 4.6 No Conflict. Assuming the consents described in clauses (i) through (vii) of Section 4.7 are obtained, the execution and delivery by the Company and, if
applicable, its Subsidiaries of this Agreement, the Amended Plan and the other Transaction Agreements, the compliance by the Company and, if applicable, its Subsidiaries with all of the provisions hereof and thereof and the consummation of the
transactions contemplated herein and therein (i) will not conflict with, or result in a breach, modification or violation of, any of the terms or provisions of, or constitute a default under (with or without notice or lapse of time, or both),
or result, except to the extent specified in the Amended Plan, in the acceleration of, or the creation of any Lien under, or cause any payment or consent to be required under, the DIP Credit Agreements (other than with respect to the application of
the proceeds from the Rights Offerings to the payment of the Second Lien Notes Claims) or any Contract to which the Company or any of its Subsidiaries will be bound as of the Closing Date after giving effect to the Amended Plan or to which any of
the property or assets of the Company or any of its Subsidiaries will be subject as of the Closing Date after giving effect to the Amended Plan, (ii) will not result in any violation of the provisions of the Reorganized Kodak Corporate
Documents or any of the organization documents of any Material Entity (other than the Company) and (iii) will not result in any material violation of any Law or Order applicable to the Company or any of its Subsidiaries or any of their
properties, except, in the cases described in clauses (i) and (iii), for such conflicts, breaches, modifications, violations or Liens that do not constitute a Material Adverse Effect. 

Section 4.7 Consents and Approvals. No consent, approval, authorization, order, registration or qualification of or with
any Governmental Entity having jurisdiction over the Company or any of its Subsidiaries or any of their properties (each an “Applicable Consent”) is required for the execution and delivery by the Company and, to the extent
relevant, its Subsidiaries of this Agreement, the Amended Plan and the other Transaction Agreements, the compliance by the Company and, to the extent relevant, its Subsidiaries with all of the provisions hereof and thereof and the consummation of
the transactions contemplated herein and therein (including compliance by each Backstop Party with its obligations hereunder and thereunder), except for (i) the entry of the BCA Approval Order authorizing the Company to execute and deliver this
Agreement and perform the BCA Approval Obligations, (ii) the entry of the BCA 

  
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Consummation Approval Order authorizing the Company to perform each of its other obligations hereunder, (iii) the entry of the Confirmation Order, (iv) filings, if any, pursuant to the
HSR Act and the expiration or termination of all applicable waiting periods thereunder or any applicable notification, authorization, approval or consent under any other Antitrust Laws in connection with the transactions contemplated by this
Agreement, (v) the filing with the Department of Treasury of the State of New Jersey of the Certificate of Incorporation, and the filing of any other corporate documents with applicable state filing agencies applicable to the other Debtors,
(vi) such consents, approvals, authorizations, registrations or qualifications as may be required under state securities or Blue Sky laws in connection with the purchase of the Backstop Shares by the Backstop Parties and the issuance of the
Rights and the Rights Offerings Shares pursuant to the exercise of the Rights and (vii) any other Applicable Consent the failure of which to obtain does not constitute a Material Adverse Effect. 

Section 4.8 Arm’s Length. The Company acknowledges and agrees that (a) each of the Backstop Parties is acting
solely in the capacity of an arm’s length contractual counterparty to the Company with respect to the transactions contemplated hereby (including in connection with determining the terms of the Rights Offerings) and not as a financial advisor
or a fiduciary to, or an agent of, the Company or any of its Subsidiaries and (b) no Backstop Party is advising the Company or any of its Subsidiaries as to any legal, tax, investment, accounting or regulatory matters in any jurisdiction.

 Section 4.9 Financial Statements. The consolidated financial statements of the Company included or
incorporated by reference in Forms 10-Q and 10-K filed by the Company with the SEC since the Petition Date (collectively, the “Financial Statements”), comply or when submitted or filed will comply, as the case may be, in
all material respects with the applicable requirements of the Securities Act and the Exchange Act and present fairly or when submitted and filed will present fairly in all material respects the financial position, results of operations and cash
flows of the Company and its consolidated subsidiaries, taken as a whole, as of the dates indicated and for the periods specified therein. The Financial Statements have been prepared in conformity with U.S. generally accepted accounting principles
(“GAAP”) applied on a consistent basis throughout the periods and at the dates covered thereby (except, in the case of unaudited interim financial statements, as permitted by Form 10-Q of the SEC). 

Section 4.10 Company SEC Documents and Disclosure Statement. Since the Petition Date, the Company has filed all required
reports, schedules, forms and statements with the SEC. As of their respective dates, and giving effect to any amendments or supplements thereto filed prior to the date of this Agreement, each of the Company SEC Documents complied in all material
respects with the requirements of the Securities Act or the Exchange Act applicable to such Company SEC Documents. The Company has filed with the SEC all “material contracts” (as such term is defined in Item 601(b)(10) of Regulation
S-K under the Exchange Act) that are required to be filed as exhibits to the Company SEC Documents. No Company SEC Document, after giving effect to any amendments or supplements thereto and to any subsequently filed Company SEC Documents, in each
case filed prior to the date of this Agreement, contained any untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under
which they were made, not misleading. The Amended Disclosure Statement as approved by the Bankruptcy Court will conform in all material respects with Section 1125 of the Bankruptcy Code. 

  
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 Section 4.11 Absence of Certain Changes. From April 30, 2013 to the
date hereof, no Event has occurred or exists that constitutes a Material Adverse Effect. 
 Section 4.12 No
Violation; Compliance with Laws. (i) The Company is not in violation of its charter or bylaws, and (ii) no other Material Entity is in violation of its respective charter or bylaws or similar organizational document in any material
respect. Neither the Company nor any of its Subsidiaries is or has been at any time since January 1, 2011 in violation of any Law or Order, except for any such violation that does not constitute a Material Adverse Effect. There is and since
January 1, 2011 has been no failure on the part of the Company to comply in all material respects with the Sarbanes-Oxley Act of 2002, as amended, and the rules and regulations promulgated by the SEC thereunder. 

Section 4.13 Legal Proceedings. Other than the Chapter 11 Proceedings and any adversary proceedings or contested motions
commenced in connection therewith, there are no legal, governmental or regulatory investigations, audits, actions, suits, arbitrations or proceedings (“Legal Proceedings”) pending or threatened to which the Company or any of
its Subsidiaries is a party or to which any property of the Company or any of its Subsidiaries is the subject that constitute a Material Adverse Effect. 
 Section 4.14 Labor Relations. 
 (a) There is no labor or
employment-related Legal Proceeding pending or, to the Knowledge of the Company, threatened against the Company or any of its Subsidiaries, by or on behalf of any of their respective employees or such employees’ labor organization, works
council, workers’ committee, union representatives or any other type of employees’ representatives appointed for collective bargaining purposes (collectively “Employee Representatives”), or by any Governmental
Entity, that constitutes a Material Adverse Effect. 
 (b) Section 4.14(b)(i) of the Company Disclosure Schedule lists all
Collective Bargaining Agreements applicable to persons employed by the Company or any of its Subsidiaries in effect as of the date of this Agreement and the status of any negotiations, in each case as of the date of this Agreement.
Section 4.14(b)(ii) of the Company Disclosure Schedule lists any jurisdiction in which the employees of the Company or any of its Subsidiaries are represented by a works council or similar entity and, to the Knowledge of the Company, no other
union organizing efforts or Employee Representatives’ elections are underway or threatened with respect to any such employees. There is no strike, lockout, material labor dispute or, to the Knowledge of the Company, threat thereof, by or with
respect to any employees of the Company or any of its Subsidiaries, and, to the Knowledge of the Company, there has not been any such action within the past two (2) years. Except as does not constitute a Material Adverse Effect, neither the
Company nor any of its Subsidiaries is subject to any obligation (whether pursuant to Law or Contract) to notify, inform and/or consult with, or obtain consent from, any Employee Representative regarding the transactions contemplated by this
Agreement prior to entering into the Agreement. 

  
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 (c) The Company and each of its Subsidiaries has complied in all respects with its payment
obligations to all employees of the Company and any of its Subsidiaries in respect of all wages, salaries, fees, commissions, bonuses, overtime pay, holiday pay, sick pay, benefits and all other compensation, remuneration and emoluments due and
payable to such employees under any Company Plan or any applicable Collective Bargaining Agreement or Law, except to the extent that any noncompliance does not constitute a Material Adverse Effect and, for the avoidance of doubt, except for any
payments that are not permitted by the Bankruptcy Court or the Bankruptcy Code. 
 Section 4.15 Intellectual
Property. Except as does not constitute a Material Adverse Effect, (i) the Company and its Subsidiaries exclusively own, free and clear of all Liens (except for (1) Liens that are described in the Company SEC Documents filed prior to
the date hereof, (2) Liens that are described in the Amended Plan or the Amended Disclosure Statement, (3) Permitted Liens or (4) Material Contracts), all of their (x) patents and registered Intellectual Property (and all
applications therefor) and (y) proprietary unregistered Intellectual Property, in each case, that is material to the businesses of the Company and its Subsidiaries, and all of the items in clause (x) are subsisting, unexpired, valid and
enforceable; (ii) no material Intellectual Property owned by the Company or its Subsidiaries is being infringed, misappropriated or violated (“Infringed”) by any other Person; (iii) the conduct of the businesses of
the Company and its Subsidiaries as presently conducted does not Infringe any Intellectual Property of any other Person and no Person has alleged same in writing, except for allegations that have since been resolved or in connection with the Chapter
11 Proceedings and any adversary proceedings or contested motions commenced in connection therewith; and (iv) the Company and its Subsidiaries take commercially reasonable actions to maintain and protect (a) the confidentiality of their
trade secrets and confidential information and (b) the integrity, security and continuous operation of their material software, systems, websites and networks (and all data therein), and, in the one year prior to the date of this Agreement (or
earlier, if any of same have not since been resolved in all material respects), there have been no material outages, interruptions, or breaches of same. 
 Section 4.16 Title to Real and Personal Property. Except as does not constitute a Material Adverse Effect: 
 (a) Real Property. The Company or one of its Subsidiaries, as the case may be, has good and valid title in fee simple to each Owned Real Property, free and clear of all Liens, except for
(i) Liens that are described in (x) the Company SEC Documents filed prior to the date hereof, (y) the Amended Plan or (z) the Amended Disclosure Statement, or (ii) Permitted Liens. 

(b) Leased Real Property. All Real Property Leases necessary for the operation of the Post-Effective Date Business are valid,
binding and enforceable by and against the Company or its relevant Subsidiary, and, to the Knowledge of the Company, the other parties thereto, and no written notice to terminate, in whole or part, any of such leases has been delivered to the
Company or any of its Subsidiaries (nor, to the Knowledge of the Company, has there been any indication that any such notice of termination will be served). Other than as a result of the filing of the Chapter 11 Proceedings, neither the Company nor
any of its 

  
 26 

 
Subsidiaries nor, to the Knowledge of the Company, any other party to any material Real Property Lease necessary for the operation of the Post-Effective Date Business is in default or breach
under the terms thereof except for such instances of default or breach that do not constitute a Material Adverse Effect. 
 (c)
Personal Property. The Company or one of its Subsidiaries has good title or, in the case of leased assets, a valid leasehold interest, free and clear of all Liens, to all of the tangible personal property and assets, except for (i) Liens
that are described in (x) the Company SEC Documents filed prior to the date hereof, (y) the Amended Plan or (z) the Amended Disclosure Statement or (ii) Permitted Liens. 

Section 4.17 No Undisclosed Relationships. No relationship, direct or indirect, exists between or among the Company or
any of its Subsidiaries, on the one hand, and the directors, officers, stockholders, customers or suppliers of the Company or any of its Subsidiaries, on the other hand, that is required by the Exchange Act to be described in the Company SEC
Documents and that are not so described in the Company SEC Documents, except for the transactions contemplated by this Agreement. 
 Section 4.18 Licenses and Permits. The Company and its Subsidiaries possess all licenses, certificates, permits and other authorizations issued by, and have made all declarations and
filings with, the appropriate Governmental Entities that are necessary for the ownership or lease of their respective properties and the conduct of the Post-Effective Date Business, in each case, except as does not constitute a Material Adverse
Effect. Except as does not constitute Material Adverse Effect, neither the Company nor any of its Subsidiaries (i) has received notice of any revocation or modification of any such license, certificate, permit or authorization or (ii) has
any reason to believe that any such license, certificate, permit or authorization will not be renewed in the ordinary course. 

Section 4.19 Environmental. 
 (a) The Company and its Subsidiaries are, and within the past five (5) years have been, in compliance with all applicable Laws relating to the protection of the environment, natural resources
(including wetlands, wildlife, aquatic and terrestrial species and vegetation) or of human health and safety as it relates to Materials of Environmental Concern, or to the management, use, transportation, treatment, storage, disposal or arrangement
for disposal of Materials of Environmental Concern (collectively, “Environmental Laws”), except for such noncompliance that does not constitute a Material Adverse Effect. 

(b) The Company and its Subsidiaries (i) have received and are in compliance with all permits, licenses, exemptions and other
approvals required of them under applicable Environmental Laws to conduct their respective businesses, (ii) are not subject to any action to revoke, terminate, cancel, limit, amend or appeal any such permits, licenses, exemptions or approvals,
and (iii) have paid all fees, assessments or expenses due under any such permits, licenses, exemptions or approvals, except for such failures to receive and comply with permits, licenses, exemptions and approvals, or any such actions, or
failure to pay any such fees, assessments or expenses that do not constitute a Material Adverse Effect. 

  
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 (c) Except with respect to matters that have been fully and finally settled or resolved,
(i) there are no Legal Proceedings under any Environmental Laws pending or, to the Knowledge of the Company, threatened against the Company or any of its Subsidiaries, and, to the Knowledge of the Company, there are no such Legal Proceedings
pending against any other Person that would reasonably be expected to adversely affect the Company of any its Subsidiaries, and (ii) the Company and its Subsidiaries have not received written or, to the Knowledge of the Company, verbal notice
of any actual or potential liability of the Company for the investigation, remediation or monitoring of any Materials of Environmental Concern at any location, or for any violation of Environmental Laws, where such Legal Proceedings or liability
constitute a Material Adverse Effect. 
 (d) None of the Company or any of its Subsidiaries has entered into any consent decree,
settlement or other agreement with any Governmental Entity, and none of the Company or its Subsidiaries is subject to any Order, in either case relating to any Environmental Laws or to Materials of Environmental Concern, except for such consent
decrees, settlements, agreements or Orders that do not constitute a Material Adverse Effect. 
 (e) There has been no release,
disposal or arrangement for disposal of any Materials of Environmental Concern relating to the Company, its Subsidiaries or any of their predecessors, or to any real property currently or formerly owned, leased or operated by the Company, its
Subsidiaries or any of their predecessors, that would reasonably be expected to (i) give rise to any claim or Legal Proceeding, or to any liability, under any Environmental Law, or (ii) prevent the Company or any of its Subsidiaries from
complying with applicable Environmental Laws, except for such claim, Legal Proceedings, liability or burden or non-compliance that does not constitute a Material Adverse Effect. 

(f) Neither the Company nor any of its Subsidiaries has assumed or retained by Contract or operation of Law any liabilities of any other
Person under Environmental Laws or concerning any Materials of Environmental Concern, where such assumption or acceptance of responsibility constitutes a Material Adverse Effect. 

(g) To the Knowledge of the Company, none of the transactions contemplated under this Agreement will give rise to any obligations to
obtain the consent of or provide notice to any Governmental Entity under any Environmental Laws. 

Section 4.20 Tax Matters. 
 (a) The Company and each of its Subsidiaries have timely filed or caused to be timely filed (taking into account any applicable extension of time within which to file) with the appropriate taxing
authorities all income and other material tax returns, statements, forms and reports (including elections, declarations, disclosures, schedules, estimates and information Tax Returns) for Taxes (“Tax Returns”) that are
required to be filed by, or with respect to, the Company and its Subsidiaries. The Tax Returns accurately reflect all material liability for Taxes of the Company and its Subsidiaries, taken as a whole, for the periods covered thereby. 

  
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 (b) All material Taxes and Tax liabilities shown due under the Tax Returns with respect to
the income, assets or operations of the Company and its Subsidiaries for all taxable years or other taxable period or portion thereof that end on or before the Closing Date have been paid in full or will be paid in full pursuant to the Amended Plan
or, to the extent not yet due, have been accrued and fully provided for in accordance with GAAP, or will be provided for when required under GAAP on the financial statements of the Company included in the Company SEC Documents. 

(c) Neither the Company nor any of its Subsidiaries has received any written notices from any taxing authority relating to any issue that
could materially affect the Company and its Subsidiaries, taken as a whole. 
 (d) All material Taxes that the Company and its
Subsidiaries (taken as a whole) were (or was) required by Law to withhold or collect in connection with amounts paid or owing to any employee, independent contractor, creditor, stockholder or other third party have been duly withheld or collected,
and have been timely paid to the proper authorities to the extent due and payable. 
 (e) Neither the Company nor any of its
Subsidiaries has been included in any “consolidated,” “unitary” or “combined” Tax Return provided for under any Law with respect to Taxes for any taxable period for which the statute of limitations
has not expired (other than a group of which the Company and/or its current or past Subsidiaries are or were the only members). 

(f) There are no tax sharing, indemnification or similar agreements in effect as between the Company or any of its Subsidiaries or any
predecessor or Affiliate thereof and any other party (including any predecessors or Affiliates thereof) under which the Company or any of its Subsidiaries is a party to or otherwise bound by (other than such agreements (i) that are entered in
the ordinary course of business or (ii) that are not expected to result in a liability for Taxes that is material to the Company and its Subsidiaries taken as a whole. 
 (g) The Company has not been a “United States real property holding corporation” within the meaning of Section 897(c)(2) of the Code at any time during the five (5)- year period
ending on the date hereof. 
 (h) [Reserved] 
 (i) Neither the Company nor any of its Subsidiaries has (A) engaged in a “listed transaction” within the meaning of Treasury Regulations Section 1.6011-4(b)(2) or
(B) engaged in a “reportable transaction” (other than a loss transaction) within the meaning of Treasury Regulation Section 1.6011-4(b) for tax years since 2009. 

(j) None of the Company or any of its Subsidiaries has been either a “distributing corporation” or a “controlled
corporation” in a distribution occurring during the last five years in which the parties to such distribution treated the distribution as one to which Section 355 of the Code is applicable. 

  
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 (k) [Reserved] 
 (l) Neither the Company nor any of its Subsidiaries has been requested in writing, and, to the Knowledge of the Company, there are no claims against the Company or any of its Subsidiaries, to pay any
liability for Taxes of any Person (other than the Company or its Subsidiaries) that are material to the Company and its Subsidiaries taken as a whole, arising from the application of Treasury Regulation Section 1.1502-6 or any analogous
provision of state, local or foreign law, or as a transferee or successor. 
 (m) There is no outstanding audit, assessment,
dispute or claim concerning any material Tax liability of the Company and its Subsidiaries (taken as a whole) either to the Knowledge of the Company or claimed, pending or raised by an authority in writing. 

(n) [Reserved] 

(o) There are no material Liens with respect to Taxes upon any of the assets or properties of the Company and its Subsidiaries (taken as a
whole), other than Permitted Liens. 
 The representations and warranties made in this Section 4.20 and
Section 4.21 are the only representations and warranties made by the Debtors with respect to matters related to Taxes. 
 Section 4.21 Company Plans. 
 (a) [Reserved] 

(b) Except as does not constitute a Material Adverse Effect: (i) each Company Plan (other than a Foreign Benefit Plan)(such plans,
“U.S. Benefit Plans”) is in compliance with ERISA, the Code, other applicable Laws and its governing documents; (ii) each U.S. Benefit Plan that is intended to be a qualified plan under Section 401(a) of the Code
has received a favorable determination letter from the IRS, and, to the Knowledge of the Company, nothing has occurred that is reasonably likely to result in the loss of the qualification of such U.S. Benefit Plan under Section 401(a) of the
Code or the imposition of any material liability, penalty or tax under ERISA or the Code; (iii) no “reportable event,” within the meaning of Section 4043 of ERISA has occurred or is expected to occur for any U.S. Benefit Plan
covered by Title IV of ERISA other than as a result of the Chapter 11 Proceedings; (iv) all contributions required to be made under the terms of any U.S. Benefit Plan have been timely made or have been (A) reflected in the financial
statements of the Company included in the Company SEC Reports filed prior to the date hereof or (B) described in the Plan or Disclosure Statement; and (v) no liability, claim, action, litigation, audit, examination, investigation or
administrative proceeding has been made, commenced or, to the Knowledge of the Company, threatened in writing with respect to any U.S. Benefit Plan (other than (A) routine claims for benefits payable in the ordinary course, (B) otherwise
in relation to the Chapter 11 Proceedings or (C) any that, individually, could not reasonably be expected to result in a liability of the Company or any of its Subsidiaries in excess of $50,000). 

  
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 (c) No U.S. Benefit Plan (other than any “multiemployer plan” within the meaning
of Section 3(37) of ERISA (a “Multiemployer Plan”)) subject to Section 412 of the Code or Section 302 of ERISA has failed to satisfy the minimum funding standard, within the meaning of Section 412 of the
Code or Section 302 of ERISA, or obtained a waiver of any minimum funding standard and, within the past six (6) years, no U.S. Benefit Plan covered by Title IV of ERISA has been terminated and no proceedings have been instituted to
terminate or appoint a trustee under Title IV of ERISA to administer any such Company Plan. Within the past six (6) years, neither the Company nor any of its Subsidiaries have incurred any unsatisfied liability under Title IV of ERISA or
Section 412 of the Code or Section 302 of ERISA by reason of being treated as a single employer together with any other Person under Section 4001 of ERISA or Section 414 of the Code. 

(d) Within the past six (6) years, the Company and its Subsidiaries have not incurred any withdrawal liability with respect to a
Multiemployer Plan under Subtitle E of Title IV of ERISA that has not been satisfied in full, and, to the Knowledge of the Company, no condition or circumstance exists that presents a reasonable risk of the occurrence of any other withdrawal from or
the partition, termination, reorganization or insolvency of any such Multiemployer Plan. 
 (e) No U.S. Benefit Plan provides for
post-employment or retiree health, life insurance or other welfare benefits, except for (A) death benefits, (B) benefits required by Section 4980B of the Code or similar Law, or (C) benefits for which the covered individual pays
the full premium cost. 
 (f) Neither the execution of this Agreement, the Amended Plan or the other Transaction Agreements, nor
the consummation of the transactions contemplated hereby or thereby will (A) entitle any employees of the Company or any of its Subsidiaries to severance pay or any increase in severance pay upon any termination of employment after the date
hereof, (B) accelerate the time of payment or vesting or result in any payment or funding (through a grantor trust or otherwise) of compensation or benefits under, increase the amount payable or result in any other material obligation pursuant
to, any of the U.S. Benefit Plans, or (C) limit or restrict the right of the Company to merge, amend or terminate any of the U.S. Benefit Plans. 
 (g) The execution, delivery of and performance by the Company and its Subsidiaries of its obligations under this Agreement will not (either alone or upon the occurrence of any additional or subsequent
events) result in “excess parachute payments” within the meaning of Section 280G(b)(1) of the Code or any payments under any other applicable Laws that would be treated in such similar nature to such section of the Code, with respect
to any Company Plan that would be in effect immediately after the Closing. 
 (h) Except as required to maintain the
tax-qualified status of any U.S. Benefit Plan intended to qualify under Section 401(a) of the Code, to the Knowledge of the Company, no condition or circumstance exists that would prevent the amendment or termination of any U.S. Benefit Plan
other than a U.S. Benefit Plan between the Company or any of its Subsidiaries, on the one hand, and an individual employee or director thereof, on the other hand. 

  
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 (i) Each Company Plan that is maintained outside the jurisdiction of the United States, or
that covers any employee residing or working outside the United States (any such Company Plan, “Foreign Benefit Plans”), which, under the Laws of any jurisdiction outside of the United States, is required or approved by any
Governmental Entity, has been so registered and approved and, to the Knowledge of the Company, has been maintained in good standing with applicable material requirements of the Governmental Entities, and if intended to qualify for special tax
treatment, to the Knowledge of the Company, there are no existing circumstances or events that have occurred that could reasonably be expected to adversely affect the special tax treatment with respect to such Foreign Benefit Plans. 

Section 4.22 Internal Control Over Financial Reporting. The Company has established and maintains a system of internal
control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) promulgated under the Exchange Act) that complies in all material respects with the requirements of the Exchange Act and has been designed to provide reasonable assurances
regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with GAAP. The Company is not aware of any material weaknesses in its internal control over financial reporting.

 Section 4.23 Disclosure Controls and Procedures. The Company (i) maintains disclosure controls and
procedures (within the meaning of Rules 13a-15(e) and 15d-15(e) promulgated under the Exchange Act) designed to ensure that information required to be disclosed by the Company in the reports that it files and submits under the Exchange Act is
recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms, including that information required to be disclosed by the Company in the reports that it files and submits under the Exchange Act is
accumulated and communicated to management of the Company as appropriate to allow timely decisions regarding required disclosure, and (ii) has disclosed, based upon the most recent evaluation by the Chief Executive Officer and Chief Financial
Officer of the Company of the Company’s internal control over financial reporting, to its auditors and the audit committee of the Board (A) all significant deficiencies and material weaknesses in the design or operation of the
Company’s internal control over financial reporting which are reasonably likely to adversely affect its ability to record, process, summarize and report financial data and (B) any fraud, whether or not material, that involves management or
other employees who have a significant role in the Company’s internal control over financial reporting. 

Section 4.24 Material Contracts. All Material Contracts are valid, binding and enforceable by and against the Company or
its relevant Subsidiary, except where the failure to be valid, binding or enforceable does not constitute a Material Adverse Effect, and no written notice to terminate, in whole or part, any Material Contract has been delivered to the Company or any
of its Subsidiaries except where such termination does not constitute a Material Adverse Effect. Other than as a result of the filing of the Chapter 11 Proceedings, neither the Company nor any of its Subsidiaries nor, to the Knowledge of the
Company, any other party to any Material Contract, is in default or breach under the terms thereof except, in each case, for such instances of default or breach that do not constitute a Material Adverse Effect. For purposes of this Agreement,
“Material Contract” means any Contract necessary for the operation of the Post-Effective Date Business that is a “material contract” (as such term is defined in Item 601(b)(10) of Regulation S-K of the SEC or
required to be disclosed on a Current Report on Form 8-K). 

  
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 Section 4.25 No Unlawful Payments. Neither the Company nor any of its
Subsidiaries nor any of their respective directors, officers or employees nor, to the Knowledge of the Company, any agent or other Person acting on behalf of the Company or any of its Subsidiaries, has in any material respect: (a) used any
funds of the Company or any of its Subsidiaries for any unlawful contribution, gift, entertainment or other unlawful expense, in each case relating to political activity; (b) made any direct or indirect unlawful payment to any foreign or
domestic government official or employee from corporate funds; (c) violated or is in violation of any provision of the Foreign Corrupt Practices Act of 1977; or (d) made any bribe, rebate, payoff, influence payment, kickback or other
similar unlawful payment. 
 Section 4.26 Compliance with Money Laundering Laws. The operations of the Company
and its Subsidiaries are and have been at all times conducted in compliance in all material respects with applicable financial recordkeeping and reporting requirements of the Currency and Foreign Transactions Reporting Act of 1970, as amended, the
money laundering statutes of all jurisdictions, the rules and regulations thereunder and any related or similar Laws (collectively, the “Money Laundering Laws”) and no material action, suit or proceeding by or before any
Governmental Entity or any arbitrator involving the Company or any of its Subsidiaries with respect to Money Laundering Laws is pending or, to the Knowledge of the Company, threatened. 

Section 4.27 Compliance with Sanctions Laws. Neither the Company nor any of its Subsidiaries nor any of their respective
directors, officers or employees nor, to the Knowledge of the Company, any agent or other Person acting on behalf of the Company or any of its Subsidiaries, is currently subject to any U.S. sanctions administered by the Office of Foreign Assets
Control of the U.S. Treasury Department. The Company will not directly or indirectly use the proceeds of the Rights Offerings or the sale of the Investor Shares, or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint
venture partner or other Person, for the purpose of financing the activities of any Person that, to the Knowledge of the Company, is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury
Department. 
 Section 4.28 No Broker’s Fees. Neither the Company nor any of its Subsidiaries is a party
to any Contract with any Person (other than this Agreement) that would give rise to a valid claim against the Backstop Parties for a brokerage commission, finder’s fee or like payment in connection with the Rights Offerings or the sale of the
Backstop Shares. 
 Section 4.29 No Registration Rights. Except as provided for pursuant to the Registration
Rights Agreement, no Person has the right to require the Company or any of its Subsidiaries to register any securities for sale under the Securities Act. 
 Section 4.30 Takeover Statutes. Other than the NJ Shareholder Protection Act, no Takeover Statute is applicable to this Agreement, the Backstop Commitment and the other transactions
contemplated by this Agreement. As of the entry of the BCA Approval Order, the Board shall have authorized and approved the issuance of the New Common Stock pursuant to this Agreement, the Amended Plan and the Rights Offerings Procedures for
purposes of the NJ Shareholder Protection Act. 

  
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 Section 4.31 [Reserved] 

Section 4.32 Insurance. All premiums due and payable in respect of material insurance policies maintained by the Company
and its Subsidiaries have been paid. The Company reasonably believes that the insurance maintained by or on behalf of the Company and its Subsidiaries is adequate in all material respects. As of the date hereof, to the Knowledge of the Company,
neither the Company nor any of its Subsidiaries has received notice from any insurer or agent of such insurer with respect to any material insurance policies of the Company and its Subsidiaries of cancellation or termination of such policies, other
than such notices which are received in the ordinary course of business or for policies that have expired on their terms, and except to the extent that such cancellation or termination does not constitute a Material Adverse Effect. 

ARTICLE V 

REPRESENTATIONS AND WARRANTIES OF THE BACKSTOP PARTIES 
 Each Backstop Party represents and warrants as to itself only as set forth below. 

Section 5.1 Incorporation. To the extent applicable, such Backstop Party is a legal entity duly organized, validly
existing and, if applicable, in good standing (or the equivalent thereof) under the laws of its jurisdiction of incorporation or organization. 
 Section 5.2 Corporate Power and Authority. To the extent applicable, such Backstop Party has the requisite corporate, limited partnership or limited liability company power and authority
to enter into, execute and deliver this Agreement and each other Transaction Agreements to which such Backstop Party is a party and to perform its obligations hereunder and thereunder and has taken all necessary corporate, limited partnership or
limited liability company action required for the due authorization, execution, delivery and performance by it of this Agreement and the other Transaction Agreements. 
 Section 5.3 Execution and Delivery. This Agreement and each other Transaction Agreement to which such Backstop Party is a party (a) has been, or prior to its execution and delivery
will be, duly and validly executed and delivered by such Backstop Party and (b) when executed and delivered, will constitute the valid and binding obligations of such Backstop Party, enforceable against such Backstop Party in accordance with
their respective terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar Laws of general applicability relating to or affecting creditors’ rights and to general principles of equity whether applied
in a court of law or a court of equity. 

  
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 Section 5.4 No Conflict. Assuming that the consents referred to in clauses
(i) and (ii) of Section 5.5 are obtained, the execution and delivery by such Backstop Party of this Agreement and, to the extent applicable, the other Transaction Agreements, the compliance by such Backstop Party with all of
the provisions hereof and thereof and the consummation of the transactions contemplated herein and therein (i) will not conflict with, or result in a breach or violation of, any of the terms or provisions of, or constitute a default under (with
or without notice or lapse of time, or both), or result in the acceleration of, or the creation of any Lien under, any Contract to which such Backstop Party is a party or by which such Backstop Party is bound or to which any of the properties or
assets of such Backstop Party are subject, (ii) will not result in any violation of the provisions of the certificate of incorporation or bylaws (or comparable constituent documents) of such Backstop Party and (iii) will not result in any
material violation of any Law or Order applicable to such Backstop Party or any of its properties, except, in each of the cases described in clauses (i), (ii) and (iii), for any conflict, breach, violation, default, acceleration or Lien which
would not reasonably be expected, individually or in the aggregate, to prohibit, materially delay or materially and adversely impact such Backstop Party’s performance of its obligations under this Agreement. 

Section 5.5 Consents and Approvals. No consent, approval, authorization, order, registration or qualification of or with
any Governmental Entity having jurisdiction over such Backstop Party or any of its properties is required for the execution and delivery by such Backstop Party of this Agreement and, to the extent applicable, the Transaction Agreements, the
compliance by such Backstop Party with all of the provisions hereof and thereof and the consummation of the transactions (including the purchase by such Backstop Party of its Backstop Commitment Percentage of the Backstop Shares) contemplated herein
and therein, except (i) filings, if any, pursuant to the HSR Act and the expiration or termination of all applicable waiting periods thereunder or any applicable notification, authorization, approval or consent under any other Antitrust Laws in
connection with the transactions contemplated by this Agreement, and (ii) any consent, approval, authorization, order, registration or qualification which, if not made or obtained, would not reasonably be expected, individually or in the
aggregate, to prohibit, materially delay or materially and adversely impact such Backstop Party’s performance of its obligations under this Agreement. 
 Section 5.6 No Registration. Such Backstop Party understands that the Backstop Shares have not been registered under the Securities Act by reason of a specific exemption from the
registration provisions of the Securities Act, the availability of which depends on, among other things, the bona fide nature of the investment intent and the accuracy of such Backstop Party’s representations as expressed herein or otherwise
made pursuant hereto. 
 Section 5.7 Purchasing Intent. Such Backstop Party is acquiring the Backstop Shares
for its own account, not as a nominee or agent, and not with the view to, or for resale in connection with, any distribution thereof not in compliance with applicable securities Laws, and such Backstop Party has no present intention of selling,
granting any participation in, or otherwise distributing the same, except in compliance with applicable securities Laws. 

Section 5.8 Sophistication; Investigation. Such Backstop Party acknowledges that the Backstop Shares have not been
registered pursuant to the Securities Act. Such Backstop Party has such knowledge and experience in financial and business matters such that it is capable of evaluating the merits and risks of its investment in the Backstop Shares being acquired

  
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hereunder. Such Backstop Party is an “accredited investor” within the meaning of Rule 501(a) of the Securities Act and a “qualified institutional buyer” within
the meaning of Rule 144A of the Securities Act. Such Backstop Party understands and is able to bear any economic risks associated with such investment (including the necessity of holding the Backstop Shares for an indefinite period of time). Such
Backstop Party has conducted and relied on its own independent investigation of, and judgment with respect to, the Company and its Subsidiaries and the advice of its own legal, tax, economic, and other advisors. 

Section 5.9 No Broker’s Fees. Such Backstop Party is not a party to any Contract with any Person (other than this
Agreement) that would give rise to a valid claim against the Company, for a brokerage commission, finder’s fee or like payment in connection with the Rights Offerings or the sale of the Backstop Shares. 

Section 5.10 Votable Claims. 
 (a) Such Backstop Party or any of its Affiliates is the beneficial owner of, or the investment advisor or manager for the beneficial owner of, the aggregate principal amount of Votable Claims as set forth
opposite such Backstop Party’s name under the column titled “Beneficially Controlled Votable Claims” on Schedule 3 attached hereto (such Votable Claims, the “Beneficially Controlled Votable
Claims”); and 
 (b) Such Backstop Party or the applicable Affiliate has the full power to vote, dispose of and
compromise the aggregate principal amount of the Beneficially Controlled Votable Claims. 
 (c) Such Backstop Party has not
entered into any other agreement to assign, sell, participate, grant, or otherwise transfer, in whole or in part, any portion of its right, title or interest in such Beneficially Controlled Votable Claims where such assignment, sale, participation,
grant, conveyance or transfer would prohibit such Backstop Party from complying with the terms of this Agreement. 

Section 5.11 Sufficiency of Funds. Such Backstop Party has, and such Backstop Party on the Effective Date will have,
sufficient immediately available funds to make and complete the payment of the aggregate Purchase Price for its Backstop Commitment Percentage of the Unsubscribed Shares. 
 Section 5.12 Legal Proceedings. As of the date hereof, there are no Legal Proceedings pending or threatened to which such Backstop Party is a party or to which any property of such
Backstop Party is the subject that would reasonably be expected to prevent, materially delay or materially impair the ability of such Backstop Party to consummate the transactions contemplated hereby. 

Section 5.13 Arm’s Length. Such Backstop Party acknowledges and agrees that the Company is acting solely in the
capacity of an arm’s length contractual counterparty to such Backstop Party with respect to the transactions contemplated hereby (including in connection with determining the terms of the Rights Offerings). 

  
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 ARTICLE VI 
 ADDITIONAL COVENANTS 
 Section 6.1 BCA Consummation Approval
Order and Solicitation Order. The Company shall use its commercially reasonable efforts to (i) obtain the entry of the BCA Approval Order, Plan Solicitation Order, Rights Offerings Procedures Order and the BCA Consummation Approval Order
and (ii) cause the Plan Solicitation Order, Rights Offerings Procedures Order and the BCA Consummation Approval Order to become final orders (including by requesting that such orders be a final order immediately upon entry by the Bankruptcy
Court pursuant to a waiver of Bankruptcy Rules 3020 and 6004(h), as applicable), in each case, as soon as reasonably practicable following the filing of the motion seeking entry of such orders (for the avoidance of doubt, entry of the BCA
Consummation Approval Order will be sought at the Confirmation Hearing). The Company shall provide to each of the Backstop Parties and its counsel copies of the proposed Rights Offerings Procedures Order, BCA Consummation Approval Order (which may
be incorporated into the Confirmation Order) and Plan Solicitation Order and a reasonable opportunity to review and comment on such orders prior to such orders being filed with the Bankruptcy Court, and such orders must be in form and substance
reasonably satisfactory to the Requisite Backstop Parties. Any amendments, modifications, changes or supplements to any of the BCA Approval Order, the Plan Solicitation Order, the Rights Offerings Procedures Order, the BCA Consummation Approval
Order and the Confirmation Order shall be in form and substance reasonably satisfactory to the Requisite Backstop Parties. 

Section 6.2 Confirmation Order; Amended Plan and Amended Disclosure Statement. The Debtors shall use their respective
commercially reasonable efforts to obtain entry of the Confirmation Order. The Company shall provide to each of the Backstop Parties and its counsel a copy of any proposed amendment, modification or change to the Amended Plan or the Amended
Disclosure Statement and a reasonable opportunity to review and comment on such documents. The Company shall provide to each of the Backstop Parties and its counsel a copy of the proposed Confirmation Order and a reasonable opportunity to review and
comment on such order prior to such order being filed with the Bankruptcy Court, and such order must be in form and substance reasonably satisfactory to the Requisite Backstop Parties. 

Section 6.3 Conduct of Business. Except (i) as explicitly set forth in this Agreement or otherwise contemplated by
the Amended Disclosure Statement and Amended Plan or (ii) with the express consent of Requisite Backstop Parties (such consent not to be unreasonably withheld, conditioned or delayed), during the period from the date of this Agreement to the
earlier of the Closing Date and the date on which this Agreement is terminated in accordance with its terms (the “Pre-Closing Period”), (A) the Company shall, and shall cause each of its Subsidiaries to carry on its
business in the ordinary course and use its commercially reasonable efforts to (1) preserve intact its Post-Effective Date Business, (2) keep available the services of its officers and employees and (3) preserve its material
relationships with customers, suppliers, licensors, licensees, distributors and others having business dealings with the Company or its Subsidiaries in connection with the Post-Effective Date Business and (B) the 

  
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Company shall not, and shall not permit any of its Subsidiaries to, enter into any transaction that is material to the Post-Effective Date Business other than (x) in the ordinary course of
business to the extent necessary to conduct Company operations in a manner consistent with the financial and business projections provided to the Backstop Parties prior to the date hereof, (y) other transactions after prior notice to the
Backstop Parties to implement tax planning which transactions are not reasonably expected to materially adversely affect any Backstop Party and (z) such other transactions disclosed to the Backstop Parties in writing prior to the date hereof.
Notwithstanding any other provision in this Agreement, nothing in this Agreement shall give the Backstop Parties, directly or indirectly, any right to control or direct the operations of the Company and its Subsidiaries prior to the Closing Date.
Prior to the Closing Date, the Company and its Subsidiaries shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision of the business of the Company and its Subsidiaries. 

Section 6.4 Antitrust Approval. 
 (a) Each Party agrees to use commercially reasonable efforts to take, or cause to be taken, all actions and to do, or cause to be done, all things necessary to consummate and make effective the
transactions contemplated by this Agreement, the other Transaction Agreements and the Amended Plan, including (i) if applicable, filing, or causing to be filed, the Notification and Report Form pursuant to the HSR Act with respect to the
transactions contemplated by this Agreement with the Antitrust Division of the United States Department of Justice and the United States Federal Trade Commission and any filings under any other Antitrust Laws that are necessary to consummate and
make effective the transactions contemplated by this Agreement as soon as reasonably practicable following the date hereof and (ii) promptly furnishing documents or information reasonably requested by any Antitrust Authority. 

(b) The Company and each Backstop Party subject to an obligation pursuant to the Antitrust Laws to notify any transaction contemplated by
this Agreement, the Amended Plan or the other Transaction Agreements that has notified the Company in writing of such obligation (each such Backstop Party, a “Filing Party”) agree to reasonably cooperate with each other as to
the appropriate time of filing such notification and its content. The Company and each Filing Party shall, to the extent permitted by applicable Law: (i) promptly notify each other of, and if in writing, furnish each other with copies of (or,
in the case of material oral communications, advise each other orally of) any communications from or with an Antitrust Authority; (ii) not participate in any meeting with an Antitrust Authority unless it consults with each other Filing Party
and the Company, as applicable, in advance and, to the extent permitted by the Antitrust Authority and applicable Law, give each other Filing Party and the Company, as applicable, a reasonable opportunity to attend and participate thereat;
(iii) furnish each other Filing Party and the Company, as applicable, with copies of all correspondence, filings and communications between such Filing Party or the Company and the Antitrust Authority; (iv) furnish each other Filing Party
with such necessary information and reasonable assistance as may be reasonably necessary in connection with the preparation of necessary filings or submission of information to the Antitrust Authority; and (v) not withdraw its filing, if any,
under the HSR Act without the prior written consent of the Requisite Backstop Parties and the Company. 

  
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 (c) Should a Filing Party be subject to an obligation under the Antitrust Laws to jointly
notify with one or more other Filing Parties (each, a “Joint Filing Party”) a transaction contemplated by this Agreement, the Amended Plan or the other Transaction Agreements, such Joint Filing Party shall promptly notify
each other Joint Filing Party of, and if in writing, furnish each other Joint Filing Party with copies of (or, in the case of material oral communications, advise each other Joint Filing Party orally of) any communications from or with an Antitrust
Authority. 
 (d) Subject to the second sentence of Section 6.4(e), the Company and each Filing Party shall use
commercially reasonable efforts to cause the waiting periods under the applicable Antitrust Laws to terminate or expire at the earliest possible date after the date of filing. The communications contemplated by this Section 6.4 may be
made by the Company or a Filing Party on an outside counsel-only basis or subject to other agreed upon confidentiality safeguards. The obligations in this Section 6.4 shall not apply to filings, correspondence, communications or meetings
with Antitrust Authorities unrelated to the transactions contemplated by this Agreement, the Amended Plan and the other Transaction Agreements. 
 (e) Notwithstanding anything in this Agreement to the contrary, nothing shall require any Backstop Party or any of its Affiliates to (i) dispose of, license or hold separate any of its or its
Subsidiaries’ or Affiliates’ assets, (ii) limit its freedom of action or the conduct of its or its Subsidiaries’ or Affiliates’ businesses or make any other behavioral commitments with respect to itself or any of its
Subsidiaries or Affiliates, (iii) divest any of its Subsidiaries or its Affiliates, or (iv) commit or agree to any of the foregoing. Without the prior written consent of the Requisite Backstop Parties, neither the Company nor any of its
Subsidiaries shall commit or agree to (i) dispose of, license or hold separate any of its assets or (ii) limit its freedom of action with respect to any of its businesses or commit or agree to any of the foregoing, in each case, in order
to secure any necessary consent or approvals for the transactions contemplated hereby under the Antitrust Laws. Notwithstanding anything to the contrary herein, neither the Backstop Parties, nor any of their Affiliates, nor the Company or any of its
Subsidiaries, shall be required as a result of this Agreement, to initiate any legal action against, or defend any litigation brought by, the United States Department of Justice, the United States Federal Trade Commission, or any other Governmental
Entity in order to avoid the entry of, or to effect the dissolution of, any injunction, temporary restraining order or other order in any suit or proceeding which would otherwise have the effect of preventing or materially delaying the transactions
contemplated hereby, or which may require any undertaking or condition set forth in the preceding sentence. 
 (f) Given the
uncertainty that the condition set forth in Section 7.1(o) may not be satisfied by September 3, 2013 with respect to certain jurisdictions outside of the United States (each, a “Long Pole Jurisdiction”), the
Debtors and the Backstop Parties will consult in good faith regarding alternative structures with respect to the Company’s operations in such Long Pole Jurisdiction(s) so as to facilitate the satisfaction of such condition by September 3,
2013, including by changing the manner in which the Company or its Subsidiaries hold assets or businesses in the Long Pole Jurisdiction(s), disposing or committing to dispose of assets or businesses in the Long Pole Jurisdiction(s), agreeing to
limit its business or change its business practices relating to the Long Pole Jurisdiction(s) in any manner, modifying supply, customer or other arrangements relating to the Long Pole Jurisdiction(s), or taking any other action with

  
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respect to the Long Pole Jurisdiction(s), and, notwithstanding anything to the contrary in this Agreement, following such consultation the Debtors may take such actions in each case to the
extent, but only to the extent, that (i) such actions comply with applicable Law and do not expose any Backstop Party, in its good faith judgment, to the risk of not being in compliance with applicable Law in the event of a Closing in the
absence of requisite approval from such Long Pole Jurisdiction(s), (ii) there is a reasonable expectation that such actions are necessary to permit a timely Closing in a manner that satisfies Section 7.1(o) and (iii) such
actions do not constitute a Material Adverse Effect. 
 Section 6.5 Access to Information. Subject to
applicable Law and appropriate assurance of confidential treatment, upon reasonable notice during the Pre-Closing Period, the Company shall (and shall cause its Subsidiaries to) afford the Backstop Parties and their Representatives upon request
reasonable access, during normal business hours and without unreasonable disruption or interference with the Company’s and its Subsidiaries’ business or operations, to the Company’s and its Subsidiaries’ employees, properties,
books, contracts and records and, during the Pre-Closing Period, the Company shall (and shall cause its Subsidiaries to) furnish promptly to such parties all reasonable information concerning the Company’s and its Subsidiaries’ business,
properties and personnel as may reasonably be requested by any such party, provided that the foregoing shall not require the Company (a) to permit access to any assets, properties or personnel related to the business being transferred in
connection with the KPP Global Settlement, (b) to permit any inspection, or to disclose any information, that in the reasonable judgment of the Company would cause the Company or any of its Subsidiaries to violate any of their respective
obligations with respect to confidentiality to a third party if the Company shall have used its commercially reasonable efforts to obtain, but failed to obtain, the consent of such third party to such inspection or disclosure, (c) to disclose
any legally privileged information of the Company or any of its Subsidiaries or (d) to violate any applicable Laws; provided further that the Company shall deliver to the Backstop Parties a schedule setting forth a description of
any requested information not provided to the Backstop Parties pursuant to clauses (b) through (d) above (in the case of clause (b), to the extent not prohibited from doing so). All requests for information and access made in accordance
with this Section 6.5 shall be directed to an executive officer of the Company or such person as may be designated by the Company’s executive officers. 
 Section 6.6 Financial Information. 
 (a) At all times prior to the
Closing Date, the Company shall deliver to counsel to each Backstop Party and to each Backstop Party that so requests, subject to appropriate assurance of confidential treatment, all statements and reports the Company is required to deliver to the
DIP Agent pursuant to Section 5.01(h) of the DIP Term Loan Credit Agreement (as in effect on the date hereof) (the “Financial Reports”). Neither any waiver by the DIP Term Loan Parties of their right to receive the
Financial Reports nor any amendment or termination of the DIP Term Loan Credit Agreement shall affect the Company’s obligation to deliver the Financial Reports to the Backstop Parties in accordance with the terms of this Agreement. 

  
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 (b) Information required to be delivered pursuant to Section 5.01(h)(ii) and
Section 5.01(h)(iii) of the DIP Term Loan Credit Agreement (as in effect on the date hereof) (i) shall be complete and correct in all material respects and shall be prepared in accordance with GAAP applied (except as approved by such
accountants or officer, as the case may be, and disclosed in reasonable detail therein) consistently throughout the periods reflected therein and with prior periods and (ii) shall be deemed to have been delivered in accordance with
Section 6.6(a) on the date on which the Company provides written notice to the Backstop Parties that such information has been posted on the Company’s website on the internet at www.kodak.com or is available via the EDGAR system of
the SEC on the internet (to the extent such information has been posted or is available as described in such notice). 

Section 6.7 Alternate Transactions. 
 (a) From the date of this Agreement until the earlier of the termination of this Agreement in accordance with its terms and the Closing Date, (i) the Company and its Subsidiaries shall, and shall
instruct and direct their respective Representatives to, immediately cease and terminate any ongoing solicitation, discussions and negotiations with respect to any Alternate Transaction, and (ii) the Company and its Subsidiaries shall not, and
the Company and its Subsidiaries shall instruct and direct their respective Representatives not to, initiate or solicit any inquiries or the making of any proposal or offer relating to an Alternate Transaction, engage or participate in any
discussions or negotiations, or provide any non-public information to any Person, with respect to an Alternate Transaction. Notwithstanding the foregoing sentence, if following the date of this Agreement (A) the Company or any of its
Subsidiaries receives a bona fide, written unsolicited proposal or offer for an Alternate Transaction (an “Alternate Transaction Proposal”) from any Person not solicited by the Company or its Subsidiaries in violation of this
Section 6.7 and (B) the Board has determined in good faith, after consultation with its outside counsel and independent financial advisor, that such Alternate Transaction Proposal constitutes, or could reasonably be expected to
result in, a Superior Transaction, the Company may, in response to such Alternate Transaction Proposal: (x) furnish non-public information in response to a request therefor by such Person if such Person has executed and delivered to the Company
a confidentiality agreement on customary terms (provided that in the event the Company enters into a confidentiality agreement with such Person on terms more favorable to such Person than the Confidentiality Agreement with the Lead Backstop
Party is to the Lead Backstop Party, the Company shall offer to amend the Confidentiality Agreement with the Lead Backstop Party and the other Backstop Parties to extend such more favorable terms to the Lead Backstop Party and the other Backstop
Parties) and if the Company also promptly (and in any event within 24 hours after the time such information is provided to such Person) makes such information available to the Backstop Parties, to the extent not previously provided to the Backstop
Parties; and (y) engage or participate in discussions and negotiations with such Person regarding such Alternate Transaction Proposal. The Company shall notify the Backstop Parties promptly (and, in any event, within 24 hours) if any Alternate
Transaction Proposals are received by, any non-public information is requested from, or any discussions or negotiations are sought to be initiated or continued with, it or its Subsidiaries or its or its Subsidiaries’ Representatives,
indicating, in connection with such notice, the identity of the parties and the material terms and conditions of any Alternate Transaction Proposal (including, if applicable, copies of any written

  
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inquiries, requests, proposals or offers, including any proposed agreements) and, thereafter, the Company shall keep the Backstop Parties reasonably informed of the status and terms of any such
Alternate Transaction Proposals (including any amendments thereto) and the status of any such discussions or negotiations, including any change in the Company’s intentions as previously notified. None of the Company or any of its Subsidiaries
shall, after the date of this Agreement, enter into any confidentiality or similar agreement that would prohibit it from providing such information to the Backstop Parties. 
 (b) Subject to the Company’s compliance with this Section 6.7, prior to the earlier of the occurrence of the Closing Date and the termination of this Agreement in accordance with its
terms, the Board may approve an Alternate Transaction Proposal not solicited in violation of this Section 6.7 that the Board has determined in good faith, after consultation with its outside legal counsel and its independent financial
advisor, constitutes a Superior Transaction, if and only if, (1) prior to taking such action the Board determines in good faith, after consultation with its outside legal counsel, that failure to take such action would be inconsistent with the
directors’ legal duties under applicable Laws; (2) the Board notifies the Backstop Parties in writing at least three (3) Business Days in advance that it intends to take such action or that the Company intends to terminate this
Agreement pursuant to Section 9.1(f)(ii), which notice shall specify the identity of the Person making such Alternate Transaction Proposal and all of the material terms and conditions of such Alternate Transaction Proposal and attach the
most current version of any proposed transaction agreement (and any related agreements) providing for such Alternate Transaction Proposal; (3) after providing such notice and prior to taking any such action or terminating this Agreement
pursuant to Section 9.1(f)(ii), the Company shall, and shall cause its Representatives to, negotiate in good faith with the Backstop Parties during the three (3) Business Day period (to the extent the Backstop Parties desire to
negotiate) to make such adjustments to the terms and conditions of this Agreement and the other Transaction Agreements as would permit the Board not to take such action or terminate this Agreement pursuant to Section 9.1(f)(ii); and
(4) following the end of such three (3) Business Day period, the Board shall have determined in good faith, after consultation with its outside legal counsel and independent financial advisor and after taking into account any changes to
this Agreement and the other Transaction Agreements proposed by the Backstop Parties, that the Superior Transaction continues to constitute a Superior Transaction even if such changes proposed by the Backstop Parties were to be given effect.

 Section 6.8 Commercially Reasonable Efforts. 

(a) Without in any way limiting any other respective obligation of the Company or any Backstop Party in this Agreement, the Company shall
use (and shall cause its Subsidiaries to use), and each Backstop Party shall use, commercially reasonable efforts to take or cause to be taken all actions, and do or cause to be done all things, reasonably necessary, proper or advisable in order to
consummate and make effective the transactions contemplated by this Agreement and the Amended Plan, including using commercially reasonable efforts in: 

  
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 (i) timely preparing and filing all documentation reasonably necessary to
effect all necessary notices, reports and other filings of such Party and to obtain as promptly as practicable all consents, registrations, approvals, permits and authorizations necessary or advisable to be obtained from any third party or
Governmental Entity; 
 (ii) defending any Legal Proceedings challenging this Agreement, the Amended Plan or any
other Transaction Agreement or the consummation of the transactions contemplated hereby and thereby, including seeking to have any stay or temporary restraining order entered by any Governmental Entity vacated or reversed; and 

(iii) working together in good faith to finalize the Warrants, Registration Rights Agreement and Reorganized Kodak
Corporate Documents for timely inclusion in the Plan Supplement and filing with the Bankruptcy Court. 
 (b) Subject to
applicable Laws relating to the exchange of information, the Backstop Parties and the Company shall have the right to review in advance, and to the extent practicable each will consult with the other on all of the information relating to Backstop
Parties or the Company, as the case may be, and any of their respective Subsidiaries, that appears in any filing made with, or written materials submitted to, any third party and/or any Governmental Entity in connection with the transactions
contemplated by this Agreement or the Amended Plan; provided, however, neither the Company nor the Backstop Parties are required to provide for review in advance declarations or other evidence submitted in connection with any filing
with the Bankruptcy Court. In exercising the foregoing rights, each of the Company and the Backstop Parties shall act reasonably and as promptly as practicable. 
 (c) Nothing contained in this Section 6.8 shall limit the ability of any Backstop Party to consult with the Debtors, to appear and be heard, or to file objections, concerning any matter
arising in the Chapter 11 Proceedings, so long as such consultation, appearance or objection is not inconsistent with such Backstop Party’s obligations under Section 6.9. 

Section 6.9 Support of the Amended Plan. 
 (a) Support of Amended Plan. Each Backstop Party agrees, severally and not jointly, that, prior to the earlier to occur of (x) the Closing Date and (y) the termination of this Agreement
in accordance with its terms each Backstop Party will, and it will use its commercially reasonable efforts to cause its controlled Affiliates to: (i) subject to entry of the Plan Solicitation Order, timely vote or cause to be voted all of its
Beneficially Controlled Votable Claims to accept the Amended Plan by timely delivering a duly executed and completed ballot or ballots, as applicable, accepting the Amended Plan; (ii) not change or withdraw such vote or exercise (or cause or
direct such vote or exercise to be changed or withdrawn); (iii) consent to the treatment of its Beneficially Controlled Votable Claims and the treatment of all other claims against and equity interests in the Debtors as set forth in the Amended
Plan; and (iv) not object to or otherwise commence any proceeding or take any other action opposing any of the terms of the Amended Disclosure Statement or the Amended Plan, unless, in each case, the Amended Plan is modified in a manner that
violates the terms of this Agreement. 

  
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 (b) Transfers of Beneficially Controlled Votable Claims. Each Backstop Party agrees
that it will not Transfer, in whole or in part, any Beneficially Controlled Votable Claim or any option thereon or any right or interest therein or any other claims against or equity interests in the Debtors unless the transferee thereof, prior to
such Transfer, agrees in writing for the benefit of the Company to be bound by Section 6.9 of this Agreement by executing a joinder agreement substantially in the form attached hereto as Exhibit D (the “Joinder
Agreement”) and delivering an executed copy thereof to the Company (a transferee party to a Joinder Agreement shall be referred to as a “Permitted Claim Transferee”). Each Backstop Party or Permitted Claim
Transferee agrees that any Transfer of any Beneficially Controlled Votable Claims or any other claims against or equity interests in the Debtors that does not comply with the terms and procedures set forth in Section 6.9(b) hereof shall
be deemed void ab initio, and the Debtors shall have the right to avoid such Transfer. To the extent any Backstop Party or Permitted Claim Transferee (i) beneficially acquires additional Votable Claims, (ii) beneficially holds or
acquires any other claims against the Debtors or (iii) beneficially holds or acquires any equity interests in the Debtors, each such Backstop Party and Permitted Claim Transferee agrees that such claims or equity interests shall be subject to
Section 6.9 hereof. 
 Section 6.10 NJ Shareholder Protection Act. The Company shall take all
actions that are necessary to approve the issuance on the Effective Date of New Common Stock to any Person with Beneficial Ownership of more than 10% of the outstanding shares of New Common Stock for purposes of the NJ Shareholder Protection Act.

 Section 6.11 Eastman Business Park Settlement. The Company shall use its commercially reasonable efforts to
enter into (i) the Eastman Business Park Settlement Agreement and (ii) an agreement with the United States pursuant to which the United States covenants not to sue or take any other action against the Company with respect to the
environmental conditions that are the subject of the Eastman Business Park Settlement Agreement. 

Section 6.12 Emergence Credit Facilities. The Debtors agree to work in good faith to obtain an Emergence Term Loan
Credit Agreement on terms more favorable taken as a whole than the Emergence Rollover Credit Agreement. 

Section 6.13 New Board of Directors. On the Closing Date, the board of directors for Reorganized Kodak shall be
comprised of nine (9) directors consisting of: (i) the chief executive officer of the Company; (ii) six (6) directors designated by the Backstop Parties (one of which shall be James V. Continenza as long as he is able and willing
to serve, and one of which shall be designated in consultation with the Creditors’ Committee); and (iii) two (2) directors to be designated by the Creditors’ Committee in consultation with the Backstop Parties; provided
that (x) not less than five of the directors identified or designated pursuant to clause (ii) of this Section 6.13 and (y) the directors identified or designated pursuant to clause (iii) of this
Section 6.13, in each case shall be “independent” (as defined in the rules and regulations governing the requirements of companies listing on the New York Stock Exchange) with respect to the Company. 

  
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 Section 6.14 Registration Rights Agreement. The Amended Plan will provide
that (i) from and after the Closing Date the Backstop Parties shall be entitled to certain registration rights pursuant to a registration rights agreement in form and substance consistent with the terms set forth in Exhibit F attached
hereto and otherwise reasonably satisfactory to the Company and the Requisite Backstop Parties (the “Registration Rights Agreement”). A form of the Registration Rights Agreement shall be filed with the Bankruptcy Court as
part of the Plan Supplement. 
 Section 6.15 Form D and Blue Sky. The Company shall timely file a Form D with
the SEC with respect to the Backstop Shares issued hereunder to the extent required under Regulation D of the Securities Act and shall provide, upon request, a copy thereof to each Backstop Party. The Company shall, on or before the Closing Date,
take such action as the Company shall reasonably determine is necessary in order to obtain an exemption for, or to qualify the Backstop Shares issued hereunder for, sale to the Backstop Parties at the Closing Date pursuant to this Agreement under
applicable securities and “Blue Sky” Laws of the states of the United States (or to obtain an exemption from such qualification) and any applicable foreign jurisdictions, and shall provide evidence of any such action so taken to the
Backstop Parties on or prior to the Closing Date. The Company shall timely make all filings and reports relating to the offer and sale of the Backstop Shares issued hereunder required under applicable securities and “Blue Sky” Laws of the
states of the United States following the Closing Date. The Company shall pay all fees and expenses in connection with satisfying its obligations under this Section 6.15. 

Section 6.16 No Integration; No General Solicitation. Neither the Company nor any of its affiliates (as defined in Rule
501(b) of Regulation D promulgated under the Securities Act) will, directly or through any agent, sell, offer for sale, solicit offers to buy or otherwise negotiate in respect of, any security (as defined in the Securities Act), that is or will
be integrated with the sale of the 4(2) Rights Offering Shares, the Rights Offerings and this Agreement in a manner that would require registration of the New Common Stock to be issued by the Company on the Effective Date under the Securities Act.
None of the Company or any of its affiliates or any other Person acting on its or their behalf will solicit offers for, or offer or sell, any 4(2) Rights Offering Shares by means of any form of general solicitation or general advertising within the
meaning of Rule 502(c) of Regulation D promulgated under the Securities Act or in any manner involving a public offering within the meaning of Section 4(2) of the Securities Act. 

Section 6.17 DTC Eligibility. The Company shall use commercially reasonable efforts to promptly make, when applicable
from time to time after the Closing, all Unlegended Shares eligible for deposit with the Depository Trust Company. “Unlegended Shares” means any shares of New Common Stock acquired by the Backstop Parties (including any
Related Purchaser or Ultimate Purchaser) pursuant to this Agreement and the Amended Plan, including shares issued in connection with the Rights Offerings, that are no longer subject to the Legend. 

Section 6.18 Use of Proceeds. The Debtors will apply the proceeds from the exercise of the Rights and the sale of the
Backstop Shares to satisfy the claims of the Holders of Allowed Class 3 Second Lien Notes Claims and to fund the Kodak GUC Trust, in each case, pursuant to the Amended Plan. 

  
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 Section 6.19 Share Legend. Each certificate evidencing shares of New Common
Stock (other than any 1145 Shares held by Backstop Parties that are not affiliates) acquired by the Backstop Parties (including any Related Purchaser or Ultimate Purchaser) hereunder or in connection with the Rights Offerings, and each certificate
issued in exchange for or upon the transfer, sale or assignment of any such securities, shall be stamped or otherwise imprinted with a legend (the “Legend”) in substantially the following form: 

“THE SECURITIES REPRESENTED BY THIS CERTIFICATE WERE ORIGINALLY ISSUED ON [DATE OF ISSUANCE], HAVE NOT BEEN REGISTERED UNDER THE
UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR ANY OTHER APPLICABLE STATE SECURITIES LAWS, AND MAY NOT BE SOLD OR TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT OR AN AVAILABLE EXEMPTION
FROM REGISTRATION THEREUNDER.” 
 In the event of any uncertificated shares, such shares shall be subject to a restrictive notation
substantially similar to the Legend in the stock ledger or other appropriate records maintained by the Company or agent and the term “Legend” shall include such restrictive notation. The legend (for restrictive notation) set forth above
shall be removed from the certificates evidencing any such securities (or the records, in the case of uncertified shares) at any time after the restrictions described in such legend cease to be applicable. The Company may reasonably request such
opinions, certificates or other evidence that such restrictions no longer apply. 
 Section 6.20 Allowance. The
Company, on behalf of itself and the other Debtors, agrees as of the date hereof, that the General Unsecured Claims of each Backstop Party are Allowed for all purposes (including with respect to the amount of each Backstop Party’s “1145
Eligible Claim” (as defined in the 1145 Rights Offering Procedures) and “4(2) Eligible Claim” (as defined in the 4(2) Rights Offering Procedures)), without defense, offset or counterclaim, in the amount set forth opposite such
Backstop Party’s name on Schedule 3 provided to the Debtors as of the date hereof. 
 ARTICLE VII 

CONDITIONS TO THE OBLIGATIONS OF THE PARTIES 
 Section 7.1 Conditions to the Obligation of the Backstop Parties. The obligations of each Backstop Party to consummate the transactions contemplated hereby shall be subject to (unless
waived in accordance with Section 7.2) the satisfaction of the following conditions: 
 (a) BCA Approval
Order. The Bankruptcy Court shall have entered the BCA Approval Order, such order shall be in full force and effect, and not subject to a stay. 
 (b) Plan Solicitation Order; Rights Offerings Procedures Order. The Bankruptcy Court shall have entered the Plan Solicitation Order and the Rights Offerings Procedures Order, such orders shall be
in full force and effect, and neither order shall be subject to a stay. 

  
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 (c) BCA Consummation Approval Order. The Bankruptcy Court shall have entered the BCA
Consummation Approval Order (which may be the Confirmation Order), such order shall be in full force and effect, and not subject to a stay. 
 (d) Confirmation Order. The Bankruptcy Court shall have entered the Confirmation Order, such order shall be in full force and effect, and not subject to a stay. 

(e) Amended Plan. The Company and all of the other Debtors shall have complied, in all material respects, with the terms of the
Amended Plan that are to be performed by the Company and the other Debtors on or prior to the Effective Date and the conditions to the occurrence of the Effective Date set forth in the Amended Plan shall have been satisfied or, with the prior
consent of the Requisite Backstop Parties, waived in accordance with the terms thereof and the Amended Plan. 
 (f) Rights
Offerings. The Rights Offerings shall have been conducted, in all material respects, in accordance with the Rights Offerings Procedures Order and this Agreement, and the Rights Offerings Expiration Time shall have occurred. 

(g) Conditions to the Amended Plan. The conditions to the occurrence of the Effective Date of the Amended Plan set forth in the
Amended Plan and the Confirmation Order shall have been satisfied or, with the prior written consent of the Requisite Backstop Parties, waived in accordance with the terms thereof and the Amended Plan. 

(h) Approval of KPP Global Settlement. The Bankruptcy Court shall have entered an order authorizing the Debtors’ entry into
the KPP Global Settlement (the “KPP Global Settlement Order”), such order shall be in full force and effect, and not subject to a stay. 
 (i) Senior Management; Arrangements with Senior Management. (x) The identity and employment agreement or other compensation agreement (in form and substance) of each individual to be appointed
and/or hired to serve as a member of the senior management of the Company from and after the Closing Date shall be satisfactory to the Requisite Backstop Parties, and (y) any employment agreement or other compensation arrangement that would be
in effect immediately after the Closing with respect to each individual serving as a member of the senior management of the Company on the date hereof (other than the individuals referred to in clause (x)) shall be in form and substance reasonably
satisfactory to the Requisite Backstop Parties. 
 (j) D&O Policies. The terms and conditions of the director and
officer liability insurance policies of the Company in effect from and after the Effective Date shall be reasonably satisfactory to the Requisite Backstop Parties. 

  
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 (k) Emergence Credit Facilities. The Debtors shall have obtained the Emergence Credit
Facilities and shall have executed and delivered the Emergence Credit Facility Documents and all conditions to effectiveness of the Emergence Credit Facilities shall have been satisfied or waived (or will be satisfied and waived substantially
concurrently with the occurrence of the Closing Date); provided that no more than $695,000,000 or, at the Company’s election (but subject to the Requisite Backstop Parties’ prior consent, which consent shall not be unreasonably
withheld, conditioned or delayed), no more than $725,000,000 shall be outstanding under the Emergence Term Loan Credit Agreement after giving effect to the transactions to be consummated on the Effective Date. 

(l) [Reserved] 

(m) Registration Rights Agreement. The Registration Rights Agreement shall have been executed and delivered by the Company and
shall otherwise have become effective with respect to the Backstop Parties and the other parties thereto. 
 (n) Expense
Reimbursement. The Debtors shall have paid all Expense Reimbursement accrued through the Closing Date pursuant to Section 3.3. 
 (o) Antitrust Approvals. All terminations or expirations of waiting periods imposed by any Governmental Entity necessary for the consummation of the transactions contemplated by this Agreement,
including under the HSR Act and any other Antitrust Laws, shall have occurred and all other notifications, consents, authorizations and approvals required to be made or obtained from any Governmental Entity under any Antitrust Law shall have been
made or obtained for the transactions contemplated by this Agreement. 
 (p) Consents. All governmental and third party
notifications, filings, consents, waivers and approvals set forth on Schedule 5 and required for the consummation of the transactions contemplated by this Agreement and the Amended Plan shall have been made or received. 

(q) No Legal Impediment to Issuance. No Law or Order shall have been enacted, adopted or issued by any Governmental Entity that
prohibits the implementation of the Amended Plan or the transactions contemplated by this Agreement. 
 (r) Disclosure
Schedules. Any Company Disclosure Schedules delivered by the Company after the date hereof shall be in form and substance reasonably satisfactory to the Requisite Backstop Parties. 

(s) Representations and Warranties. 
 (i) The representations and warranties of the Debtors contained in Section 4.30 shall be true and correct in all respects at and as of the Closing Date after giving effect to the Amended Plan
with the same effect as if made on and as of the Closing Date after giving effect to the Amended Plan (except for such representations and warranties made as of a specified date, which shall be true and correct only as of the specified date).

  
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 (ii) The representations and warranties of the Debtors contained in
Sections 4.2, 4.3, 4.4, 4.5 and 4.6(ii) shall be true and correct in all material respects at and as of the Closing Date with the same effect as if made on and as of the Closing Date (except for such
representations and warranties made as of a specified date, which shall be true and correct only as of the specified date). 
 (iii) The other representations and warranties of the Debtors contained in this Agreement (other than the representations and warranties contained in Section 4.11) shall be true and correct
(disregarding all materiality or Material Adverse Effect qualifiers) at and as of the Closing Date with the same effect as if made on and as of the Closing Date (except for such representations and warranties made as of a specified date, which shall
be true and correct only as of the specified date), except where the failure to be so true and correct does not constitute a Material Adverse Effect. 
 (t) Covenants. The Debtors shall have performed and complied, in all material respects, with all of their respective covenants and agreements contained in this Agreement that contemplate, by their
terms, performance or compliance prior to the Closing Date. 
 (u) Officer’s Certificate. The Backstop Parties shall
have received on and as of the Closing Date a certificate of the chief executive officer or chief financial officer of the Company confirming that the conditions set forth in Sections 7.1(s)(i) and (s)(ii), (t),
(w) and (z) have been satisfied. 
 (v) [Reserved] 

(w) Minimum Liquidity and Minimum Cash of the Reorganized Debtors. (A) The amount, determined on a pro forma basis after
giving effect to the occurrence of the Effective Date and the transactions contemplated by the Amended Plan and this Agreement, of (i) the Emergence Financing Availability, plus (ii) unrestricted cash and cash equivalents of the
Reorganized Debtors shall be no less than $100,000,000; and (B) the amount, determined on a pro forma basis after giving effect to the occurrence of the Effective Date and the transactions contemplated by the Amended Plan and this Agreement, of
unrestricted cash and cash equivalents (unless “restricted cash” under GAAP) of the Reorganized Debtors and their Subsidiaries shall be no less than $700,000,000. 
 (x) Creditors’ Committee Proceedings. (i) The adversary proceeding filed by the Creditors’ Committee pending before the Bankruptcy Court and assigned case number 12-01947 (ALG) shall
have been dismissed with prejudice on or prior to the Closing Date and (ii) the Creditors’ Committee shall not have initiated or prosecuted any other claim, cause of action, adversary proceeding or other litigation against (A) the
Holders of Second Lien Note Claims or (B) seeking an Order invalidating, setting aside, avoiding, re-characterizing or subordinating the Second Lien Notes Claims or the Liens securing the obligations arising under the Second Lien Note
Indentures. 
 (y) [Reserved] 

  
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 (z) Material Adverse Change. (i) From April 30, 2013 to the Closing Date,
there shall not have occurred, and there shall not exist, any Event that constitutes a Material Adverse Effect and (ii) the Backstop Parties shall have received on and as of the Closing Date a certificate of the chief executive officer or chief
financial officer of the Company confirming the same; provided that the condition in this Section 7.1(z) shall be deemed satisfied unless the Requisite Backstop Parties deliver a notice to the Company on or prior to the Closing Date
stating that such condition has not been satisfied. 
 Section 7.2 Waiver of Conditions to Obligation of Backstop
Parties. All or any of the conditions set forth in Section 7.1 may only be waived in whole or in part with respect to all Backstop Parties by a written instrument executed by the Requisite Backstop Parties in their sole discretion
and if so waived, all Backstop Parties shall be bound by such waiver; provided that notwithstanding the foregoing, any one or more Majority Backstop Parties that desire to waive all or any of the conditions set forth in
Section 7.1 (such Backstop Party or Backstop Parties, the “Waiving Backstop Parties”) may require any other Backstop Parties that are not willing to waive the applicable conditions (the “Non-Waiving
Backstop Parties”), and such Non-Waiving Backstop Parties shall upon written request by the Waiving Backstop Parties be so required, to transfer and assign to the Waiving Backstop Parties all of the Non-Waiving Backstop Parties’
Backstop Commitment in accordance with the Waiving Backstop Parties’ pro rata share (based on the aggregate Commitment of the Waiving Backstop Parties) of the Non-Waiving Backstop Parties’ Commitment or as otherwise reasonably agreed upon
by such Waiving Backstop Parties. 
 Section 7.3 Conditions to the Obligation of the Company. The obligation of
the Company and the other Debtors to consummate the transactions contemplated hereby with any Backstop Party is subject to (unless waived by the Company) the satisfaction of each of the following conditions: 

(a) BCA Approval Order. The Bankruptcy Court shall have entered the BCA Approval Order, such order shall be in full force and
effect, and not subject to a stay. 
 (b) Plan Solicitation Order; Rights Offerings Procedures Order. The Bankruptcy Court
shall have entered the Plan Solicitation Order and the Rights Offerings Procedures Order, such orders shall be in full force and effect, and neither order shall be subject to a stay. 

(c) BCA Consummation Approval Order. The Bankruptcy Court shall have entered the BCA Consummation Approval Order (which may be the
Confirmation Order), such order shall be in full force and effect, and not subject to a stay. 
 (d) Confirmation Order.
The Bankruptcy Court shall have entered the Confirmation Order, such order shall be in full force and effect, and not subject to a stay. 
 (e) Conditions to the Amended Plan. The conditions to the occurrence of the Effective Date of the Amended Plan as set forth in the Amended Plan and in the Confirmation Order shall have been
satisfied or waived in accordance with the terms thereof and the Amended Plan. 

  
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 (f) Antitrust Approvals. All terminations or expirations of waiting periods imposed
by any Governmental Entity necessary for the consummation of the transactions contemplated by this Agreement, including under the HSR Act and any other Antitrust Laws, shall have occurred and all other notifications, consents, authorizations and
approvals required to be made or obtained from any Governmental Entity under any Antitrust Law shall have been made or obtained for the transactions contemplated by this Agreement. 

(g) No Legal Impediment to Issuance. No Law or Order shall have been enacted, adopted or issued by any Governmental Entity that
prohibits the implementation of the Amended Plan or the transactions contemplated by this Agreement. 
 (h) Representations
and Warranties. The representations and warranties of each Backstop Party contained in this Agreement shall be true and correct in all material respects at and as of the Closing Date with the same effect as if made on and as of the Closing Date
(except for such representations and warranties made as of a specified date, which shall be true and correct only as of the specified date). 
 (i) Covenants. The applicable Backstop Party shall have performed and complied, in all material respects, with all of its covenants and agreements contained in this Agreement and in any other
document delivered pursuant to this Agreement. 
 (j) Officer’s Certificate. The Company shall have received on and
as of the Closing Date a certificate of an officer of the applicable Backstop Party confirming that the conditions set forth in Section 7.2(h) and Section 7.2(i) have been satisfied with respect to such Backstop Party.

 ARTICLE VIII 
 INDEMNIFICATION AND CONTRIBUTION 
 Section 8.1 Indemnification
Obligations. Following the entry of the BCA Approval Order, the Company and the other Debtors (the “Indemnifying Parties” and each an “Indemnifying Party”) shall, jointly and severally, indemnify
and hold harmless each Backstop Party, its Affiliates, shareholders, members, partners and other equity holders, general partners, managers and its and their respective Representatives, agents and controlling persons (each, an
“Indemnified Person”) from and against any and all losses, claims, damages, liabilities and costs and expenses (other than Taxes of the Backstop Parties but subject to the last sentence of Section 2.5(c))
(collectively, “Losses”) that any such Indemnified Person may incur or to which any such Indemnified Person may become subject arising out of or in connection with this Agreement, the Amended Plan and the transactions
contemplated hereby and thereby, including the Backstop Commitments, the Rights Offerings, the payment of the Backstop Commitment Fees or the use of the proceeds of the Rights Offerings, or any breach by the Debtors of this Agreement, or any claim,
challenge, litigation, investigation or proceeding relating to any of the 

  
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foregoing, regardless of whether any Indemnified Person is a party thereto, whether or not such proceedings are brought by the Company, the other Debtors, their respective equity holders,
Affiliates, creditors or any other Person, and reimburse each Indemnified Person upon demand for reasonable and documented (subject to redaction to preserve attorney client and work product privileges) legal or other third-party expenses incurred in
connection with investigating, preparing to defend or defending, or providing evidence in or preparing to serve or serving as a witness with respect to, any lawsuit, investigation, claim or other proceeding relating to any of the foregoing
(including in connection with the enforcement of the indemnification obligations set forth herein), irrespective of whether or not the transactions contemplated by this Agreement or the Amended Plan are consummated or whether or not this Agreement
is terminated; provided that the foregoing indemnity will not, as to any Indemnified Person, apply to Losses (a) as to a Defaulting Backstop Party and its Related Parties, caused by a Backstop Party Default by such Backstop Party, or
(b) to the extent they are found by a final, non-appealable judgment of a court of competent jurisdiction to arise from the bad faith, willful misconduct or gross negligence of such Indemnified Person. 

Section 8.2 Indemnification Procedure. Promptly after receipt by an Indemnified Person of notice of the commencement of
any claim, challenge, litigation, investigation or proceeding (an “Indemnified Claim”), such Indemnified Person will, if a claim is to be made hereunder against the Indemnifying Party in respect thereof, notify the
Indemnifying Party in writing of the commencement thereof; provided that (i) the omission to so notify the Indemnifying Party will not relieve the Indemnifying Party from any liability that it may have hereunder except to the extent it
has been materially prejudiced by such failure and (ii) the omission to so notify the Indemnifying Party will not relieve the Indemnifying Party from any liability that it may have to such Indemnified Person otherwise than on account of this
Article VIII. In case any such Indemnified Claims are brought against any Indemnified Person and it notifies the Indemnifying Party of the commencement thereof, the Indemnifying Party will be entitled to participate therein, and, to the
extent that it may elect by written notice delivered to such Indemnified Person, to assume the defense thereof, with counsel reasonably acceptable to such Indemnified Person; provided that if the parties (including any impleaded parties) to
any such Indemnified Claims include both such Indemnified Person and the Indemnifying Party and based on advice of such Indemnified Person’s counsel there are legal defenses available to such Indemnified Person that are different from or
additional to those available to the Indemnifying Party, such Indemnified Person shall have the right to select separate counsel to assert such legal defenses and to otherwise participate in the defense of such Indemnified Claims. Upon receipt of
notice from the Indemnifying Party to such Indemnified Person of its election to so assume the defense of such Indemnified Claims with counsel reasonably acceptable to the Indemnified Person, the Indemnifying Party shall not be liable to such
Indemnified Person for expenses incurred by such Indemnified Person in connection with the defense thereof (other than reasonable costs of investigation) unless (A) such Indemnified Person shall have employed separate counsel (in addition to
any local counsel) in connection with the assertion of legal defenses in accordance with the proviso to the immediately preceding sentence (it being understood, however, that the Indemnifying Party shall not be liable for the expenses of more than
one separate counsel representing the Indemnified Persons who are parties to such Indemnified Claims (in addition to one local counsel in each jurisdiction in which local counsel 

  
 52 

 
is required) and that all such expenses shall be reimbursed as they occur), (B) the Indemnifying Party shall not have employed counsel reasonably acceptable to such Indemnified Person to
represent such Indemnified Person within a reasonable time after notice of commencement of the Indemnified Claims, (C) the Indemnifying Party shall have failed or is failing to defend such claim, and is provided written notice of such failure
by the Indemnified Person and such failure is not reasonably cured within ten (10) Business Days of receipt of such notice, or (D) the Indemnifying Party shall have authorized in writing the employment of counsel for such Indemnified
Person. Notwithstanding anything herein to the contrary, the Company and its Subsidiaries shall have sole control over any Tax controversy or Tax audit and shall be permitted to settle any liability for Taxes of the Company and its Subsidiaries.

 Section 8.3 Settlement of Indemnified Claims. The Indemnifying Party shall not be liable for any settlement
of any Indemnified Claims effected without its written consent (which consent shall not be unreasonably withheld). If any settlement of any Indemnified Claims is consummated with the written consent of the Indemnifying Party or if there is a final
judgment for the plaintiff in any such Indemnified Claims, the Indemnifying Party agrees to indemnify and hold harmless each Indemnified Person from and against any and all Losses by reason of such settlement or judgment to the extent such Losses
are otherwise subject to indemnification by the Indemnifying Party hereunder in accordance with, and subject to the limitations of, the provisions of this Article VIII. Notwithstanding anything in this Article VIII to the contrary, if
at any time an Indemnified Person shall have requested the Indemnifying Party to reimburse such Indemnified Person for legal or other expenses in connection with investigating, responding to or defending any Indemnified Claims as contemplated by
this Article VIII, the Indemnifying Party shall be liable for any settlement of any Indemnified Claims effected without its written consent if (i) such settlement is entered into more than forty-five (45) days after receipt by the
Indemnifying Party of such request for reimbursement and (ii) the Indemnifying Party shall not have reimbursed such Indemnified Person in accordance with such request prior to the date of such settlement. The Indemnifying Party shall not,
without the prior written consent of an Indemnified Person (which consent shall be granted or withheld in the Indemnified Person’s sole discretion), effect any settlement of any pending or threatened Indemnified Claims in respect of which
indemnity or contribution has been sought hereunder by such Indemnified Person unless (A) such settlement includes an unconditional release of such Indemnified Person in form and substance reasonably satisfactory to such Indemnified Person from
all liability on the claims that are the subject matter of such Indemnified Claims and (B) such settlement does not include any statement as to or any admission of fault, culpability or a failure to act by or on behalf of any Indemnified
Person. 
 Section 8.4 Contribution. If for any reason the foregoing indemnification is unavailable to any
Indemnified Person or insufficient to hold it harmless from Losses that are subject to indemnification pursuant to Section 8.1, then the Indemnifying Party shall contribute to the amount paid or payable by such Indemnified Person as a
result of such Loss in such proportion as is appropriate to reflect not only the relative benefits received by the Indemnifying Party, on the one hand, and such Indemnified Person, on the other hand, but also the relative fault of the Indemnifying
Party, on the one hand, and such Indemnified Person, on the other hand, as well as any relevant equitable considerations. It is hereby agreed that the relative 

  
 53 

 
benefits to the Indemnifying Party, on the one hand, and all Indemnified Persons, on the other hand, shall be deemed to be in the same proportion as (a) the total value received or proposed
to be received by the Company pursuant to the issuance and sale of the Backstop Shares and the Rights Offerings Shares in the Rights Offerings contemplated by this Agreement and the Amended Plan bears to (b) the Backstop Commitment Fees
paid or proposed to be paid to the Backstop Parties. The Indemnifying Parties also agree that no Indemnified Person shall have any liability based on their comparative or contributory negligence or otherwise to the Indemnifying Parties, any Person
asserting claims on behalf of or in right of any of the Indemnifying Parties, or any other Person in connection with an Indemnified Claim. 
 Section 8.5 Treatment of Indemnification Payments. All amounts paid by the Indemnifying Party to an Indemnified Person under this Article VIII shall, to the extent permitted by
applicable Law, be treated as adjustments to the Purchase Price for all Tax purposes. 
 Section 8.6 No
Survival. All representations, warranties, covenants and agreements made in this Agreement shall not survive the Closing Date except for covenants and agreements that by their terms are to be satisfied after the Closing Date, which covenants and
agreements shall survive until satisfied in accordance with their terms. 
 ARTICLE IX 

TERMINATION 
 Section 9.1 Termination Rights. This Agreement may be terminated and the transactions contemplated hereby may be abandoned at any time prior to the Closing Date (including at any time
prior to entry of the BCA Consummation Approval Order): 
 (a) by mutual written consent of the Company and the Majority Backstop
Parties; 
 (b) pursuant to Section 2.3(a), by (x) the Company by written notice to each Backstop Party or
(y) the Majority Backstop Parties by written notice to the Company; 
 (c) by the Company by written notice to each Backstop
Party or by the Requisite Backstop Parties by written notice to the Company if any Law or Order shall have been enacted, adopted or issued by any Governmental Entity, that prohibits the implementation of the Amended Plan or the Rights Offerings or
the transactions contemplated by this Agreement or the other Transaction Agreements; 
 (d) by the Requisite Backstop Parties
upon written notice to the Company if: 
 (i) the Bankruptcy Court has not entered the BCA Approval Order on or
prior to July 2, 2013 (it being understood that this Agreement (other than the BCA Approval Obligations) will not be binding on the Company until the entry of the BCA Consummation Approval Order); 

  
 54 

 (ii) any of the BCA Approval Order, Plan Solicitation Order, Rights
Offerings Procedures Order, BCA Consummation Approval Order, KPP Global Settlement Order or the Confirmation Order is reversed, dismissed or vacated or is modified or amended after entry in a manner that is not reasonably satisfactory to the
Requisite Backstop Parties; 
 (iii) (A) the Debtors file any pleading or document with the Bankruptcy Court
with respect to an Alternate Transaction, (B) the Bankruptcy Court approves or authorizes an Alternate Transaction at the request of any party in interest, (C) there shall have been a Change of Recommendation or (D) the Company or any
of its Subsidiaries enters into any Contract or written agreement in principle providing for the consummation of any Alternate Transaction (such Contract or written agreement in principle, an “Alternate Transaction
Agreement”); 
 (iv) the Company or the other Debtors shall have breached any
representation, warranty, covenant or other agreement made by the Company or the other Debtors in this Agreement or any such representation and warranty shall have become inaccurate after the date of this Agreement, and such breach or inaccuracy
would, individually or in the aggregate, result in a failure of a condition set forth in Section 7.1(s)(i), Section 7.1(s)(ii) or Section 7.1(t), if continuing on the Closing Date, being satisfied and such breach
or inaccuracy is not cured by the Company or the other Debtors by the earlier of (A) the tenth (10th) Business Day after the giving of notice thereof to the Company by any Backstop Party and (B) the third (3rd) Business Day prior to the Outside Date; provided that the Backstop Parties shall not have the right to
terminate this Agreement pursuant to this Section 9.1(d)(iv) if they are then in breach of any representation, warranty, covenant or other agreement hereunder that would result in the failure of any condition set forth in
Section 7.3 being satisfied; 
 (v) [Reserved] 

(vi) a DIP ABL Event of Default or a DIP Term Loan Event of Default has occurred and is continuing unwaived or not subject
to a forbearance for more than three (3) Business Days; 
 (vii) (A) the Creditors’ Committee files any
pleading in furtherance of its Lien challenge and cause of action in the adversary proceeding before the Bankruptcy Court and assigned case number 12-01947 (ALG) or (B) the Creditors’ Committee shall have initiated or prosecuted any claim,
cause of action, adversary proceeding or other litigation (x) against the Holders of Second Lien Note Claims or (y) seeking an Order invalidating, setting aside, avoiding, re-characterizing or subordinating the Second Lien Notes Claims or
the Liens securing the obligations arising under the Second Lien Note Indentures; 
 (viii) [Reserved]

  
 55 

 (ix) any of the Chapter 11 Proceedings shall have been dismissed or
converted to a case under chapter 7 of the Bankruptcy Code, or the Bankruptcy Court has entered an Order in any of the Chapter 11 Proceedings appointing an examiner or trustee with expanded powers to oversee or operate the Debtors in the Chapter 11
Proceedings; 
 (e) by any Backstop Party (other than a Defaulting Backstop Party) if the Closing Date has not occurred by 11:59
p.m., New York City time on October 3, 2013 (the “Outside Date”); provided that upon the occurrence of a Backstop Party Default, the Outside Date shall be extended in accordance with Section 2.3(a);
provided, further, that the Debtors may by written notice to the Backstop Parties extend the Outside Date to November 4, 2013 upon written notice to the Backstop Parties in the event of a delay in satisfying the condition set
forth in Section 7.1(o) or 7.3(f) with respect to any Long Pole Jurisdiction; 
 (f) by the Company upon
written notice to each Backstop Party if: 
 (i) subject to the right of the Backstop
Parties to arrange an Backstop Party Replacement in accordance with Section 2.3(a), any Backstop Party shall have breached any representation, warranty, covenant or other agreement made by such Backstop Party in this Agreement or any
such representation and warranty shall have become inaccurate after the date of this Agreement, and such breach or inaccuracy would, individually or in the aggregate, result in a failure of a condition set forth in Section 7.3(h) or
Section 7.3(i), if continuing on the Closing Date, being satisfied and such breach or inaccuracy is not cured by such Backstop Party by the earlier of (A) the tenth (10th) Business Day after the giving of notice thereof to such Backstop Party by the Company and (B) the third
(3rd) Business Day prior to the Outside Date;
provided that the Company shall not have the right to terminate this Agreement pursuant to this Section 9.1(f)(i) if it is then in breach of any representation, warranty, covenant or other agreement hereunder that would result in
the failure of any condition set forth in Section 7.1 being satisfied; or 
 (ii) the Company enters
into any Alternate Transaction Agreement; provided that the Company may only terminate this Agreement pursuant to this Section 9.1(f)(ii) if the Company has not breached any of its obligations under Section 6.7.

 Section 9.2 Effect of Termination. Upon termination pursuant to this Article IX, this Agreement shall
forthwith become void and there shall be no further obligations or liabilities on the part of the Debtors or the Backstop Parties; provided that (i) the obligations of the Debtors to pay the Initial Commitment Fee and the Expense
Reimbursement pursuant to Article III and to satisfy their indemnification obligations pursuant to Article VIII shall survive the termination of this Agreement indefinitely and shall remain in full force and effect, (ii) the
provisions set forth in Article X shall survive the termination of this Agreement in accordance with their terms and (iii) subject to Section 10.10 and Section 2.3(e), nothing in this Section 9.2 shall
relieve any Party from liability for any willful or intentional breach of this Agreement. For purposes of this Agreement, “willful or intentional breach” shall mean a breach of this Agreement that is a consequence of an act
undertaken by the breaching party with the knowledge (actual or constructive) that the taking of such act would, or would reasonably be expected to, cause a breach of this Agreement. 

  
 56 

 ARTICLE X 
 GENERAL PROVISIONS 
 Section 10.1 Notices. All notices and
other communications in connection with this Agreement shall be in writing and shall be deemed given if delivered personally, sent via electronic facsimile (with confirmation), mailed by registered or certified mail (return receipt requested) or
delivered by an express courier (with confirmation) to the Parties at the following addresses (or at such other address for a Party as will be specified by like notice): 

 

	 	(a)	If to the Company: 

 Eastman
Kodak Company 
 343 State Street 
 Rochester, New York 14650-0218 
 Facsimile: (585) 724-1089 

Attention: General Counsel 
 with a copy (which shall not constitute notice) to: 
 Sullivan &
Cromwell LLP 
 125 Broad Street 
 New York, New York 10004-2498 
 Facsimile: (212) 558-3588 

Attention: Andrew G. Dietderich 
                  Michael H. Torkin 
  

	 	(b)	If to GSO Capital Partners: 

 To
the address set forth opposite such Backstop Party’s name on Schedule 6 
 with a copy (which shall not constitute
notice) to: 
 Simpson Thacher & Bartlett LLP 
 425 Lexington Avenue 
 New York, New York 10017 

Attention: Peter V. Pantaleo 
 Facsimile: (212) 455-2502 

  
 57 

	 	(c)	If to BlueMountain Capital Management, LLC: 

 To the address set forth opposite such Backstop Party’s name on Schedule 7  
 with a copy (which shall not constitute notice) to: 
 Kramer Levin
Naftalis & Frankel LLP 
 1177 Avenue of the Americas 

New York, New York 10036 
 Attention: Thomas Moers Mayer and John Bessonette 
 Facsimile: (212) 715-8000

  

	 	(d)	If to George Karfunkel: 

 To the
address set forth opposite such Backstop Party’s name on Schedule 8  
 with a copy (which shall not constitute
notice) to: 
 Kasowitz Benson Torres & Friedman LLP 

1633 Broadway 

New York, New York 10019 
 Attention: Adam L. Shiff 
 Facsimile: (212) 506-1800 

 

	 	(e)	If to United Equities Commodities Company: 

 To the address set forth opposite such Backstop Party’s name on Schedule 9  
 with a copy (which shall not constitute notice) to: 
 Kasowitz Benson
Torres & Friedman LLP 
 1633 Broadway 
 New York, New York 10019 
 Attention: Adam L. Shiff 

Facsimile: (212) 506-1800 
  

	 	(f)	If to Contrarian Capital Management, LLC: 

 To the address set forth opposite such Backstop Party’s name on Schedule 10  
 with a copy (which shall not constitute notice) to: 
 Kramer Levin
Naftalis & Frankel LLP 
 1177 Avenue of the Americas 

New York, New York 10036 
 Attention: Thomas Moers Mayer and John Bessonette 
 Facsimile: (212) 715-8000

  
 58 

 Section 10.2 Assignment; Third Party Beneficiaries. Neither this Agreement
nor any of the rights, interests or obligations under this Agreement shall be assigned by any Party (whether by operation of Law or otherwise) without the prior written consent of the Company and the Backstop Parties, other than an assignment by a
Backstop Party expressly permitted by Section 2.3, 2.6, 6.9, 7.2 or 10.7 or any other provision of this Agreement and any purported assignment in violation of this Section 10.2 shall be void ab
initio. Except as provided in Article VIII with respect to the Indemnified Persons, this Agreement (including the documents and instruments referred to in this Agreement) is not intended to and does not confer upon any Person other than
the Parties any rights or remedies under this Agreement. 
 Section 10.3 Prior Negotiations; Entire Agreement.

 (a) This Agreement (including the agreements attached as Exhibits to and the documents and instruments referred to in this
Agreement) constitutes the entire agreement of the Parties and supersedes all prior agreements, arrangements or understandings, whether written or oral, among the Parties with respect to the subject matter of this Agreement, except that the Parties
hereto acknowledge that any confidentiality agreements heretofore executed among the Parties will continue in full force and effect. 
 (b) Notwithstanding anything to the contrary in the Amended Plan (including any amendments, supplements or modifications thereto) or the Confirmation Order (and any amendments, supplements or
modifications thereto) or an affirmative vote to accept the Amended Plan submitted by any Backstop Party, nothing contained in the Amended Plan (including any amendments, supplements or modifications thereto) or Confirmation Order (including any
amendments, supplements or modifications thereto) shall alter, amend or modify the rights of the Backstop Parties under this Agreement unless such alteration, amendment or modification has been made in accordance with Section 10.7.

 Section 10.4 Governing Law; Venue. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE
LAWS OF THE STATE OF NEW YORK AND, TO THE EXTENT APPLICABLE, THE BANKRUPTCY CODE. THE PARTIES CONSENT AND AGREE THAT ANY ACTION TO ENFORCE THIS AGREEMENT OR ANY DISPUTE, WHETHER SUCH DISPUTES ARISE IN LAW OR EQUITY, ARISING OUT OF OR RELATING TO
THIS AGREEMENT AND THE AGREEMENTS, INSTRUMENTS AND DOCUMENTS CONTEMPLATED HEREBY SHALL BE BROUGHT EXCLUSIVELY IN THE BANKRUPTCY COURT. THE PARTIES CONSENT TO AND AGREE TO SUBMIT TO THE EXCLUSIVE JURISDICTION OF THE BANKRUPTCY COURT. EACH OF THE
PARTIES HEREBY WAIVES AND AGREES NOT TO ASSERT IN ANY SUCH DISPUTE, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY CLAIM THAT (I) SUCH PARTY IS NOT PERSONALLY SUBJECT TO THE JURISDICTION OF THE BANKRUPTCY COURT, (II) SUCH PARTY AND SUCH
PARTY’S PROPERTY IS IMMUNE FROM ANY LEGAL PROCESS ISSUED BY THE BANKRUPTCY COURT OR (III) ANY LITIGATION OR OTHER PROCEEDING COMMENCED IN THE BANKRUPTCY COURT IS BROUGHT IN AN INCONVENIENT FORUM. THE PARTIES HEREBY AGREE THAT MAILING OF PROCESS
OR OTHER PAPERS IN CONNECTION WITH ANY SUCH ACTION OR PROCEEDING TO AN 

  
 59 

 
ADDRESS PROVIDED IN WRITING BY THE RECIPIENT OF SUCH MAILING, OR IN SUCH OTHER MANNER AS MAY BE PERMITTED BY LAW, SHALL BE VALID AND SUFFICIENT SERVICE THEREOF AND HEREBY WAIVE ANY OBJECTIONS TO
SERVICE ACCOMPLISHED IN THE MANNER HEREIN PROVIDED. 
 Section 10.5 Waiver of Jury Trial. EACH PARTY HEREBY
WAIVES ALL RIGHTS TO TRIAL BY JURY IN ANY JURISDICTION IN ANY ACTION, SUIT, OR PROCEEDING BROUGHT TO RESOLVE ANY DISPUTE AMONG THE PARTIES UNDER THIS AGREEMENT, WHETHER IN CONTRACT, TORT OR OTHERWISE. 

Section 10.6 Counterparts. This Agreement may be executed in any number of counterparts, all of which will be considered
one and the same agreement and will become effective when counterparts have been signed by each of the Parties and delivered to each other Party (including via facsimile or other electronic transmission), it being understood that each Party need not
sign the same counterpart. 
 Section 10.7 Waivers and Amendments; Rights Cumulative. This Agreement may be
amended, restated, modified, or changed only by a written instrument signed by the Debtors and the Requisite Backstop Parties (other than a Defaulting Backstop Party); provided that each Backstop Party’s prior written consent shall be required
for any amendment that would have the effect of: (i) modifying such Backstop Party’s Backstop Commitment Percentage, (ii) increasing the Purchase Price to be paid in respect of the Backstop Shares, (iii) extending the Outside
Date; (iv) changing the definition of Requisite Backstop Parties or (v) otherwise disproportionately or materially adversely affecting such Backstop Party. The terms and conditions of this Agreement (other than the conditions set forth in
Sections 7.1 and 7.3, the waiver of which shall be governed solely by Article VII) may be waived (x) by the Debtors only by a written instrument executed by the Company and (y) by the Requisite Backstop Parties only by
a written instrument executed by all of the Requisite Backstop Parties. Notwithstanding anything to the contrary contained in this Agreement, the Backstop Parties may agree, among themselves, to reallocate their Backstop Commitment Percentages,
without any consent or approval of any other Party; provided, however, for the avoidance of doubt any such agreement among the Backstop Parties shall require the consent or approval of all Backstop Parties affected by such
reallocation. No delay on the part of any Party in exercising any right, power or privilege pursuant to this Agreement will operate as a waiver thereof, nor will any waiver on the part of any Party of any right, power or privilege pursuant to this
Agreement, nor will any single or partial exercise of any right, power or privilege pursuant to this Agreement, preclude any other or further exercise thereof or the exercise of any other right, power or privilege pursuant to this Agreement. Except
as otherwise provided in this Agreement, the rights and remedies provided pursuant to this Agreement are cumulative and are not exclusive of any rights or remedies which any Party otherwise may have at law or in equity. 

Section 10.8 Headings. The headings in this Agreement are for reference purposes only and will not in any way affect the
meaning or interpretation of this Agreement. 

  
 60 

 Section 10.9 Specific Performance. The Parties agree that irreparable
damage would occur if any provision of this Agreement were not performed in accordance with the terms hereof and that the Parties shall be entitled to an injunction or injunctions without the necessity of posting a bond to prevent breaches of this
Agreement or to enforce specifically the performance of the terms and provisions hereof, in addition to any other remedy to which they are entitled at law or in equity. Unless otherwise expressly stated in this Agreement, no right or remedy
described or provided in this Agreement is intended to be exclusive or to preclude a Party from pursuing other rights and remedies to the extent available under this Agreement, at law or in equity. 

Section 10.10 Damages. Notwithstanding anything to the contrary in this Agreement, none of the Parties will be liable
for, and none of the Parties shall claim or seek to recover, any punitive, special, indirect or consequential damages or damages for lost profits. 
 Section 10.11 No Reliance. No Backstop Party or any of its Related Parties shall have any duties or obligations to the other Backstop Parties in respect of this Agreement, the Amended
Plan or the transactions contemplated hereby or thereby, except those expressly set forth herein. Without limiting the generality of the foregoing, (a) no Backstop Party or any of its Related Parties shall be subject to any fiduciary or other
implied duties to the other Backstop Parties, (b) no Backstop Party or any of its Related Parties shall have any duty to take any discretionary action or exercise any discretionary powers on behalf of any other Backstop Party,
(c) (i) no Backstop Party or any of its Related Parties shall have any duty to the other Backstop Parties to obtain, through the exercise of diligence or otherwise, to investigate, confirm, or disclose to the other Backstop Parties any
information relating to the Company or any of its Subsidiaries that may have been communicated to or obtained by such Backstop Party or any of its Affiliates in any capacity and (ii) no Backstop Party may rely, and confirms that it has not
relied, on any due diligence investigation that any other Backstop Party or any Person acting on behalf of such other Backstop Party may have conducted with respect to the Company or any of its Affiliates or any of their respective securities and
(d) each Backstop Party acknowledges that no other Backstop Party is acting as a placement agent, initial purchaser, underwriter, broker or finder with respect to its Backstop Shares or Backstop Commitment Percentage of its Backstop Commitment.

 Section 10.12 Publicity. At all times prior to the Closing Date or the earlier termination of this Agreement
in accordance with its terms, the Company and the Backstop Parties shall consult with each other prior to issuing any press releases (and provide each other a reasonable opportunity to review and comment upon such release) or otherwise making public
announcements with respect to the transactions contemplated by this Agreement. 
 Section 10.13 Settlement
Discussions. This Agreement and the transactions contemplated herein are part of a proposed settlement of a dispute between the Parties. Nothing herein shall be deemed an admission of any kind. Pursuant to Federal Rule of Evidence 408 and any
applicable state rules of evidence, this Agreement and all negotiations relating thereto shall not be admissible into evidence in any proceeding, except to the extent filed with, or disclosed to, the Bankruptcy Court in connection with the Chapter
11 Proceedings (other than a proceeding to approve or enforce the terms of this Agreement). 

  
 61 

 [Signature Pages Follow] 

  
 62 

 IN WITNESS WHEREOF, the Parties have duly executed this Agreement as of the date first above
written. 
  

			
	EASTMAN KODAK COMPANY
		
	By:	 	/s/ Patrick M. Sheller
		 	Name: Patrick M. Sheller
		 	Title: Senior Vice President

			
	 GSO SPECIAL SITUATIONS FUND LP
 By: GSO Capital Partners LP, its investment advisor

		
	By:	 	/s/ Marisa J. Beeney
		 	Name: Marisa J. Beeney
		 	Title: Authorized Signatory
	
	GSO SPECIAL SITUATIONS OVERSEAS MASTER FUND LTD.
	By:	 	GSO Capital Partners LP, its investment advisor
		
	By:	 	/s/ Marisa J. Beeney
		 	Name: Marisa J. Beeney
		 	Title: Authorized Signatory
	
	GSO SPECIAL SITUATIONS FUND LP
	By:	 	GSO Capital Partners LP, its investment advisor
		
	By:	 	/s/ Marisa J. Beeney
		 	Name: Marisa J. Beeney
		 	Title: Authorized Signatory
	
	GSO CREDIT-A PARTNERS LP
	By:	 	GSO Capital Partners LP, its Investment Manager
		
	By:	 	/s/ Marisa J. Beeney
		 	Name: Marisa J. Beeney
		 	Title: Authorized Signatory
	
	GSO PALMETTO OPPORTUNISTIC INVESTMENT PARTNERS LP
	By:	 	GSO Capital Partners LP, its Investment Manager
		
	By:	 	/s/ Marisa J. Beeney
		 	Name: Marisa J. Beeney
		 	Title: Authorized Signatory

 
			
	FS INVESTMENT CORPORATION
	 By:
	 	 GSO / Blackstone Debt Funds Management LLC,
 as Sub-Adviser

		
	By:	 	/s/ Marisa J. Beeney
		 	Name: Marisa J. Beeney
		 	Title: Authorized Signatory
	
	LOCUST STREET FUNDING LLC
	By:	 	FS Investment Corporation, as Sole Member
	By:	 	GSO / Blackstone Debt Funds Management LLC,
as Sub-Advisor
		
	By:	 	/s/ Marisa J. Beeney
		 	Name: Marisa J. Beeney
		 	Title: Authorized Signatory
	
	ARCH STREET FUNDING LLC
	By:	 	FS Investment Corporation, as Sole Member
	By:	 	 GSO / Blackstone Debt Funds Management LLC,
 as Sub-Advisor

		
	By:	 	/s/ Marisa J. Beeney
		 	 Name: Marisa J. Beeney

Title: Authorized Signatory

	
	FS INVESTMENT CORPORATION II
	By:	 	 GSO / Blackstone Debt Funds Management LLC,
 as Sub-Advisor

		
	By:	 	/s/ Marisa J. Beeney
		 	Name: Marisa J. Beeney
		 	Title: Authorized Signatory

 
			
	BLUE MOUNTAIN CREDIT ALTERNATIVES MASTER FUND
		
	By:	 	BlueMountain Capital Management, LLC, its investment manager
		
	By:	 	/s/ David M. O’Mara
		 	Name: David M. O’Mara
		 	Title: Assistant General Counsel & Vice President
	
	BLUEMOUNTAIN CREDIT OPPORTUNITIES MASTER FUND
	By:	 	BlueMountain Capital Management, LLC, its investment manager
		
	By:	 	/s/ David M. O’Mara
		 	Name: David M. O’Mara
		 	Title: Assistant General Counsel & Vice President
	
	BLUEMOUNTAIN TIMBERLINE LTD.
	By:	 	BlueMountain Capital Management, LLC, its investment manager
		
	By:	 	/s/ David M. O’Mara
		 	Name: David M. O’Mara
		 	Title: Assistant General Counsel & Vice President
	
	BLUEMOUNTAIN STRATEGIC CREDIT MASTER FUND L.P.
	By:	 	BlueMountain Capital Management, LLC, its investment manager
		
	By:	 	/s/ David M. O’Mara
		 	Name: David M. O’Mara
		 	Title: Assistant General Counsel & Vice President

 
			
	BLUEMOUNTAIN KICKING HORSE FUND L.P.
	By:	 	BlueMountain Capital Management, LLC, its investment manager
		
	By:	 	/s/ David M. O’Mara
		 	Name: David M. O’Mara
		 	Title: Assistant General Counsel & Vice President
	
	BLUEMOUNTAIN LONG/SHORT CREDIT MASTER FUND L.P.
		
	By:	 	BlueMountain Capital Management, LLC, its investment manager
		
	By:	 	/s/ David M. O’Mara
		 	Name: David M. O’Mara
		 	Title: Assistant General Counsel & Vice President
	
	BLUEMOUNTAIN DISTRESSED MASTER FUND L.P.
		
	By:	 	BlueMountain Capital Management, LLC, its investment manager
		
	By:	 	/s/ David M. O’Mara
		 	Name: David M. O’Mara
		 	Title: Assistant General Counsel & Vice President
	
	BLUEMOUNTAIN LONG SHORT GRASMOOR FUND LTD.
		
	By:	 	BlueMountain Capital Management, LLC, its investment manager
		
	By:	 	/s/ David M. O’Mara
		 	Name: David M. O’Mara
		 	Title: Assistant General Counsel & Vice President

 
			
	BLUEMOUNTAIN LONG/SHORT CREDIT AND DISTRESSED REFLECTION FUND P.L.C., A SUB-FUND OF AAI BLUEMOUNTAIN FUND P.L.C.
		
	By:	 	BlueMountain Capital Management, LLC, its investment manager
		
	By:	 	/s/ David M. O’Mara
		 	Name: David M. O’Mara
		 	Title: Assistant General Counsel & Vice President

 
			
	 GEORGE KARFUNKEL

126 East 56th Street, 15th Floor
 New York, New
York 10022

		
	By:	 	/s/ George Karfunkel
	
	Notarized By: /s/ Paul Nii-Amar Amamoo

 
			
	UNITED EQUITIES COMMODITIES COMPANY
		
	By:	 	/s/ Moses Marx
		 	Name: Moses Marx
		 	Title: President

  

			
	MOMAR CORPORATION
		
	By:	 	/s/ Moses Marx
		 	Name: Moses Marx
		 	Title: President

 
			
	CONTRARIAN FUND, LLC
		
	By:	 	Contrarian Capital Management, LLC as its manager
		
	By:	 	/s/ Jon Bauer
		 	Name: Jon Bauer
		 	Title: Managing Member

 Schedule 1 
 Backstop Commitment Percentages 
  

					
	 Backstop Party
	  	Backstop Percentage
Commitment	 
	 GSO Capital (Total: 50.7389%)
	   

	 GSO SPECIAL SITUATIONS FUND LP
	  	 	17.6776	% 
	 GSO SPECIAL SITUATIONS OVERSEAS MASTER FUND LTD.
	  	 	16.7076	% 
	 GSO CREDIT-A PARTNERS LP
	  	 	6.9237	% 
	 GSO PALMETTO OPPORTUNISTIC INVESTMENT PARTNERS LP
	  	 	5.5899	% 
	 FS INVESTMENT CORPORATION
	  	 	2.8938	% 
	 LOCUST STREET FUNDING LLC
	  	 	0.8351	% 
	 FS INVESTMENT CORPORATION II
	  	 	0.1113	% 
	 BlueMountain Capital (Total: 12.3152%)
	  			
	 BLUE MOUNTAIN CREDIT ALTERNATIVES MASTER FUND L.P.
	  	 	4.8160	% 
	 BLUEMOUNTAIN CREDIT OPPORTUNITIES MASTER FUND I L.P.
	  	 	3.0710	% 
	 BLUEMOUNTAIN TIMBERLINE LTD.
	  	 	0.5236	% 
	 BLUEMOUNTAIN STRATEGIC CREDIT MASTER FUND L.P.
	  	 	0.4347	% 
	 BLUEMOUNTAIN KICKING HORSE FUND L.P.
	  	 	0.4431	% 
	 BLUEMOUNTAIN LONG/SHORT CREDIT MASTER FUND L.P.
	  	 	1.8857	% 
	 BLUEMOUNTAIN DISTRESSED MASTER FUND L.P.
	  	 	0.5693	% 
	 BLUEMOUNTAIN LONG SHORT GRASMOOR FUND LTD.
	  	 	0.2957	% 
	 BLUEMOUNTAIN LONG/SHORT CREDIT AND DISTRESSED REFLECTION FUND P.L.C., A SUB-FUND OF AAI BLUEMOUNTAIN FUND P.L.C.
	  	 	0.2760	% 
	 George Karfunkel (Total: 12.3152%)
	  			
	 GEORGE KARFUNKEL
	  	 	12.3152	% 
	 United Equities Commodities Company and Affiliates (Total: 12.3152%)
	  			
	 UNITED EQUITIES COMMODITIES COMPANY
	  	 	6.1576	% 
	 MOMAR CORPORATION
	  	 	6.1576	% 
	 Contrarian Capital (Total: 12.3152%)
	  			
	 CONTRARIAN FUNDS, LLC
	  	 	12.3152	% 

 Schedule 2 
 [Reserved] 

 Schedule 3 
 Beneficially Controlled Votable Claims 
  

													
	 	  	Allowed Second Lien
Notes Claims	 	  	Allowed General
Unsecured Claims	 	  	Allowed Retiree
Settlement Unsecured
Claims	 
	 GSO Capital
	   

	 GSO SPECIAL SITUATIONS FUND LP
	  	$	32,446,000	  	  	 	—  	  	  	$	45,710,472	  
	 GSO SPECIAL SITUATIONS OVERSEAS

MASTER FUND LTD.
	  	$	31,303,000	  	  	 	—  	  	  	$	42,564,485	  
	 GSO CREDIT-A PARTNERS LP
	  	$	12,956,000	  	  	 	—  	  	  	$	17,654,992	  
	 GSO PALMETTO OPPORTUNISTIC INVESTMENT

PARTNERS LP
	  	$	10,644,000	  	  	 	—  	  	  	$	14,070,051	  
	 FS INVESTMENT CORPORATION
	  	$	12,794,000	  	  	 	—  	  	  	 	—  	  
	 LOCUST STREET FUNDING LLC
	  	$	3,692,000	  	  	 	—  	  	  	 	—  	  
	 FS INVESTMENT CORPORATION II
	  	$	492,000	  	  	 	—  	  	  	 	—  	  
	 BlueMountain Capital
	   

	 BLUE MOUNTAIN CREDIT ALTERNATIVES MASTER FUND L.P.
	  	$	3,537,000	  	  	 	—  	  	  	$	112,481,917	  
	 BLUEMOUNTAIN CREDIT OPPORTUNITIES MASTER FUND I L.P.
	  	$	2,246,000	  	  	 	—  	  	  	$	71,736,000	  
	 BLUEMOUNTAIN TIMBERLINE LTD.
	  	$	387,000	  	  	 	—  	  	  	$	12,227,029	  
	 BLUEMOUNTAIN STRATEGIC CREDIT MASTER FUND L.P.
	  	$	512,120	  	  	 	—  	  	  	$	9,960,000	  
	 BLUEMOUNTAIN KICKING HORSE FUND L.P.
	  	$	1,199,892	  	  	 	—  	  	  	$	9,475,000	  
	 BLUEMOUNTAIN LONG/SHORT CREDIT MASTER FUND L.P.
	  	$	1,385,000	  	  	 	—  	  	  	$	44,041,361	  
	 BLUEMOUNTAIN DISTRESSED MASTER FUND L.P.
	  	$	419,000	  	  	 	—  	  	  	$	13,294,462	  
	 BLUEMOUNTAIN LONG SHORT GRASMOOR FUND LTD.
	  	$	216,000	  	  	 	—  	  	  	$	6,908,000	  

													
	 	  	Allowed Second Lien
Notes Claims	 	 	Allowed General
Unsecured Claims	 	  	Allowed Retiree
Settlement Unsecured
Claims	 
	 BLUEMOUNTAIN LONG/SHORT CREDIT AND DISTRESSED REFLECTION FUND P.L.C., A SUB-FUND OF AAI BLUEMOUNTAIN FUND P.L.C.
	  	$	202,000	  	 	 	—  	  	  	$	6,448,000	  
	 George Karfunkel
	   

	 GEORGE KARFUNKEL
	  	$	9,900,000	  	 	$	105,000,000	  	  	 	—  	  
	 United Equities Commodities Company and Affiliates
	   

	 UNITED EQUITIES COMMODITIES COMPANY
	  	$	4,405,000	  	 	$	65,264,500	  	  	 	—  	  
	 MOMAR CORPORATION
	  	$	4,430,000	  	 	$	0	  	  	 	—  	  
	 MOSES MARX
	  	$	2,461,000	  	 	$	92,000,000	  	  	 	—  	  
	 MARNEU HOLDING COMPANY
	  	$	0	  	 	$	3,000,000	  	  	 	—  	  
	 Contrarian Capital
	   

	 CONTRARIAN FUNDS, LLC
	  	$	9,982,000	1 	 	$	585,000	  	  	$	152,000,000	  

  

	1 	Held by affiliated accounts. 

 Schedule 4 
 [Reserved] 

 Schedule 5 
 Consents 
 None 

 Schedule 6 
 Notice Address for GSO Capital Partners 
 c/o GSO Capital Partners LP 

345 Park Avenue, 31st Floor 
 New
York, NY 10154 

 Schedule 7 
 Notice Address for BlueMountain Capital Management, LLC 
 c/o BlueMountain Capital
Management, LLC 
 280 Park Avenue, 5th Floor East 
 New York, NY 10017 
 Attn: General Counsel 
 with a copy to LegalNotices@bluemountaincapital.com 

 Schedule 8 
 Notice Address for George Karfunkel 
 George Karfunkel 

126 East 56th Street, 15th Floor 
 New York, New
York 10022 

 Schedule 9 
 Notice Addresses for United Equities Group 
 United Equities Commodities Company

 160 Broadway 
 New York, New York
10038 
 Attn: Moses Marx 
 Momar
Corporation 
 160 Broadway 
 New York,
New York 10038 
 Attn: Moses Marx 

 Schedule 10 
 Notice Address for Contrarian Capital Management, LLC 
 Contrarian Capital
Management LLC 
 411 West Putnam Avenue, Suite 425 
 Greenwich, CT 06830 

 Exhibit A 
 Form of 1145 Rights Offering Procedures 

 UNITED STATES BANKRUPTCY COURT 

SOUTHERN DISTRICT OF NEW YORK 
  

					
	  
 In re:
  
 EASTMAN KODAK
COMPANY, et al.,1

 
 Debtors.
	 	 )
 )

)
 )

)
 )

)
	  	  
 Chapter 11

 
 Case No. 12-10202 (ALG)

 
 (Jointly Administered)

 Whereas, on June [•], 2013, Eastman Kodak Company (“Kodak”)
and its affiliated debtors and debtors in possession (collectively, the “Debtors”) filed the First Amended Joint Chapter 11 Plan of Reorganization of Eastman Kodak Company and its Debtor Affiliates (as may be amended,
modified or supplemented from time to time, the “Amended Plan”) and the First Amended Disclosure Statement for Debtors’ First Amended Joint Plan of Reorganization Under Chapter 11 of the Bankruptcy Code (as may be
amended, modified or supplemented from time to time, the “Amended Disclosure Statement”);2

 Whereas, on June [•], 2013, the United States Bankruptcy Court for the Southern District of New
York (the “Bankruptcy Court”) entered an order (the “Rights Offering Procedures Order”) approving, among other things, these procedures (these “1145 Rights Offering Procedures”) for the conduct of,
and participation in, a rights offering contemplated by, and to be implemented by the Debtors pursuant to the Amended Plan (the “1145 Rights Offering”, and together with the 4(2) Rights Offering to be conducted pursuant to the
Amended Plan, the “Rights
Offerings”);3 and 

Whereas, the Debtors and the Backstop Parties have entered into a backstop commitment agreement (the “Backstop Commitment
Agreement”), dated as of June [•], 2013, pursuant to which the Backstop Parties have agreed, subject to the terms and conditions therein, to purchase any 4(2) Rights Offering Unsubscribed Shares (as defined in the Amended Plan).

 The Debtors have designated Kurtzman Carson Consultants LLC as the subscription agent for the 1145 Rights Offering (the
“Subscription Agent”). All questions relating to these procedures, other documents associated with the 1145 Rights Offering or the requirements for participating in the 1145 Rights Offering should be directed to the Subscription
Agent at: 
  

	1 	 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, are: Eastman Kodak
Company (7150); Creo Manufacturing America LLC (4412); Eastman Kodak International Capital Company, Inc. (2341); Far East Development Ltd. (2300); FPC Inc. (9183); Kodak (Near East), Inc. (7936); Kodak Americas, Ltd. (6256); Kodak Aviation Leasing
LLC (5224); Kodak Imaging Network, Inc. (4107); Kodak Philippines, Ltd. (7862); Kodak Portuguesa Limited (9171); Kodak Realty, Inc. (2045); Laser-Pacific Media Corporation (4617); NPEC Inc. (5677); Pakon, Inc. (3462); and Qualex Inc. (6019). The
location of the Debtors’ corporate headquarters is: 343 State Street, Rochester, NY 14650. 

	2 	 Capitalized terms used but not otherwise defined herein shall have the meanings set forth in the Amended Plan. 

	3 	 Parties eligible to participate in the 4(2) Rights Offering will receive separate procedures for participation therein. 

 Kurtzman Carson Consultants 

599 Lexington Avenue, 39th Floor 
 New York, NY 10022 
 (877) 833-4150 

These 1145 Rights Offering Procedures have been approved by the Bankruptcy Court pursuant to the Rights Offering Procedures Order. 

The 1145 Rights Offering, the distribution of each 1145 Right and the issuance of each 1145 Rights Offering Share are being conducted under the
Amended Plan. 
 Each 1145 Right and 1145 Rights Offering Share is being distributed and issued by the Debtors without registration under
the Securities Act, in reliance upon the exemption provided in section 1145 of the Bankruptcy Code. 
 None of the 1145 Rights
distributed in connection with these 1145 Rights Offering Procedures have been or will be registered under the Securities Act, nor any State or local law requiring registration for offer or sale of a security, and no 1145 Rights may be sold or
transferred. 
 None of the 1145 Rights Offering Shares have been or will be registered under the Securities Act, nor any State or local
law requiring registration for offer or sale of a security. 
 The 1145 Rights Offering is being conducted in good faith and in
compliance with the Bankruptcy Code. In accordance with section 1125(e) of the Bankruptcy Code, a debtor or any of its agents that participates, in good faith and in compliance with the applicable provisions of the Bankruptcy Code, in the offer,
issuance, sale, or purchase of a security, offered or sold under the plan, of the debtor, of an affiliate participating in a joint plan with the debtor, or of a newly organized successor to the debtor under the plan, is not liable, on account of
such participation, for violation of any applicable law, rule, or regulation governing the offer, issuance, sale, or purchase of securities. 
 Please refer to Section [•] of the Amended Disclosure Statement and Article 5.8 of the Amended Plan for information regarding the issuance of New Common Stock pursuant to the Amended Plan,
including applicable transfer restrictions. For a copy of the Amended Disclosure Statement or the Amended Plan, please contact the Subscription Agent or see the Debtors’ restructuring website (http://www.kccllc.net/kodak). 

1. Overview of the 1145 Rights Offering 
 Rights (the “1145 Rights”) to purchase shares of New Common Stock in the 1145 Rights Offering (the “1145 Rights Offering Shares”) at a price per share equal to
$11.94 (the “Per Share Price”) are being distributed to the 1145 Eligible Participants (as defined below) as pre-confirmation distributions under the Amended Plan and in conjunction with the Debtors’ solicitation of votes to
accept or reject the Amended Plan.  

  
 -2-

 The aggregate number of 1145 Rights Offering Shares (the “Aggregate 1145
Share Amount”) will be 6,000,000. 
 Each 1145 Eligible Participant has the right, but not the obligation, to
purchase all or a portion of its 1145 Available Shares (as defined below). 
 Eligible Participants 

Only 1145 Eligible Participants may participate in the 1145 Rights Offering. 

An “1145 Eligible Participant” means a Person that satisfies all of the following criteria: (a) such Person
was the beneficial owner of a General Unsecured Claim or Retiree Settlement Claim as of June 13, 2013 (the “Holding Record Date”); (b) such Claim is or became an 1145 Eligible Claim as of July 22, 2013 (or such later
date as the Debtors may determine in consultation with the Creditors’ Committee and the Requisite Backstop Parties, the “1145 Claim Determination Date”) and (c) such Person is the beneficial owner of such 1145 Eligible
Claim on the Effective Date. 
 The 1145 Rights Exercise Form 

In order to exercise 1145 Rights, an 1145 Eligible Participant must duly complete and timely deliver the enclosed rights exercise
form (the “1145 Rights Exercise Form”), along with its Subscription Purchase Price (as defined below) in accordance with these 1145 Rights Offering Procedures.  

The 1145 Rights Exercise Form indicates the Per Share Price payable in connection with the exercise of the 1145 Rights. 

Determination of an 1145 Eligible Participant’s 1145 Available Shares 

Each 1145 Eligible Participant shall be entitled to subscribe for that number of 1145 Rights Offering Shares equal to the product (rounded
down to the nearest whole share) of: (a) the resulting quotient of (x) the aggregate amount of such holder’s 1145 Eligible Claims to (y) $2.8 billion,4 multiplied by (b) the Aggregate 1145 Share Amount (such number of shares, the “1145
Available Shares”; and any remaining unsubscribed and unpaid for shares being the “1145 Rights Offering Unsubscribed Shares”). 
 An “1145 Eligible Claim” means (a) a Retiree Settlement Unsecured Claim, (b) an Unsecured Notes Claim equal to or greater than $10,000 in principal amount or (c) any
other General Unsecured Claim (x) equal to the amount, as of the 1145 Claim Determination Date, that  
  

 

	4 	 This amount represents the Debtors’ good faith estimate of the valid amount of Claims represented by General Unsecured Claims and the Retiree
Settlement Unsecured Claim, which amount has been determined in consultation with the Requisite Backstop Parties and Creditors’ Committee in order to ensure compliance with section 1145 of the Bankruptcy Code.

  
 -3-

 
such Claim has been (i) stipulated to by the Debtors in writing (including on its Schedules, provided that if such 1145 Eligible Claim is stipulated to on the Schedules in an amount greater
than the amount given on the Proof of Claim relating to such 1145 Eligible Claim, the amount of such 1145 Eligible Claim for the purposes of these 1145 Rights Offering Procedures shall be the amount given on such Proof of Claim) or (ii) allowed
by the Bankruptcy Court by Final Order, in each case, on or before the 1145 Claim Determination Date, or (y) in such other amount as the Debtors, the Creditors’ Committee and the Requisite Backstop Parties may collectively agree. For the
avoidance of doubt, (1) contingent, unliquidated and disputed Claims set forth on the Schedules shall not be deemed “stipulated”, and (2) the Unsecured Notes Claims and the Non-Qualified Pension Unsecured Claims (solely to the
extent the Non-Qualified Pension Stipulation is entered by the Bankruptcy Court prior to the 1145 Claim Determination Date) will be deemed stipulated Claims, in each case, for purposes of (a)(i) above. 

Restrictions on Transfer of 1145 Rights and 1145 Eligible Claims 
 THE 1145 RIGHTS ARE NOT TRANSFERABLE OR DETACHABLE FROM 1145 ELIGIBLE CLAIMS. 
 IF ANY PORTION OF AN 1145 ELIGIBLE CLAIM IS OR HAS BEEN (AFTER THE HOLDING RECORD DATE) TRANSFERRED BY AN 1145 ELIGIBLE PARTICIPANT, THE CORRESPONDING 1145 RIGHTS WILL BE CANCELLED, AND NEITHER SUCH
1145 ELIGIBLE PARTICIPANT NOR THE TRANSFEREE OF SUCH 1145 ELIGIBLE CLAIM WILL RECEIVE 1145 RIGHTS OFFERING SHARES IN CONNECTION WITH SUCH 1145 ELIGIBLE CLAIM. 
 No Fractional Shares 
 No fractional shares of New Common Stock will
be issued. 
 All 1145 Rights Offering Shares issued in the 1145 Rights Offering will be rounded down to the nearest whole
share. 
 No compensation shall be paid in respect of such adjustment. 

2. Duration of the 1145 Rights Offering 
 The 1145 Rights Offering will commence on the day upon which the 1145 Rights Exercise Form is first mailed or made available to 1145 Eligible Participants (the “1145 Rights Offering
Commencement Date”), which the Debtors estimate to be no later than July 8, 2013.  
 The 1145
Rights Offering will expire at 5:00 p.m. (Eastern Time) on August 9, 2013, (the “1145 Rights Offering Expiration Date”).  
 Each 1145 Eligible Participant intending to participate in the 1145 Rights Offering must affirmatively make a binding election to exercise its 1145 Rights on or prior to the 1145 Rights Offering
Expiration Date, and submit payment by wire transfer of immediately available funds for all duly subscribed for 1145 Rights Offering Shares, so that such payment is actually received by the Subscription Agent on or prior to the 1145 Rights Offering
Expiration Date. 

  
 -4-

 To facilitate the exercise of the 1145 Rights, the Debtors will mail or cause to be mailed
the 1145 Rights Exercise Form (i) on the 1145 Rights Offering Commencement Date, to each 1145 Eligible Participant that holds an 1145 Eligible Claim as of the Holding Record Date, or its intermediary, or (ii) within three Business Days of
the 1145 Claim Determination Date, to each 1145 Eligible Participant whose Claim is or became an 1145 Eligible Claim, or whose 1145 Eligible Claim increases, as of the 1145 Claim Determination Date, or its intermediary, together with a copy of these
1145 Rights Offering Procedures and a set of instructions for the proper completion, due execution and timely delivery of the 1145 Rights Exercise Form and payment of the Subscription Purchase Price to the Subscription Agent. 

To the extent that an 1145 Eligible Participant holds an Unsecured Notes Claim through the facilities of The Depository Trust
Company (“DTC”), the Debtors will furnish or cause to be furnished an 1145 Rights Exercise Form to such 1145 Eligible Participant’s broker, bank, dealer, or other agent or nominee (a “Subscription Nominee”).
Each Subscription Nominee will be entitled to receive sufficient copies of the 1145 Rights Exercise Form for distribution to 1145 Eligible Participants that are beneficial owners of Unsecured Notes Claims for whom such Subscription Nominee holds
such Claims. 
 3. 1145 Rights Offering Unsubscribed Shares 

All 1145 Rights Offering Unsubscribed Shares shall be available for purchase in the 4(2) Rights Offering. 

4. Exercise of 1145 Rights 
 In order to participate in the 1145 Rights Offering, each 1145 Eligible Participant must affirmatively make a binding election to exercise all or a portion of its 1145 Rights on or prior to the 1145
Rights Offering Expiration Date. The exercise of the 1145 Rights shall be irrevocable unless the 1145 Rights Offering is not consummated by November 4, 2013. 
 Each 1145 Eligible Participant is entitled to participate in the 1145 Rights Offering solely to the extent of its 1145 Eligible Claims. 

In order to exercise 1145 Rights, each 1145 Eligible Participant (excluding 1145 Eligible Participants that hold Unsecured Notes Claims
(but only with respect to such Unsecured Notes Claims)) must submit an 1145 Rights Exercise Form indicating the whole number of 1145 Available Shares that such 1145 Eligible Participant elects to purchase, along with payment by wire transfer of
immediately available funds of a “Subscription Purchase Price” equal to the product of (a) the number of 1145 Rights Offering Shares such 1145 Eligible Participant elects to purchase multiplied by (b) the Per
Share Price. 
 For an 1145 Eligible Participant that is the beneficial Holder of an Unsecured Notes Claim to exercise its 1145
Rights, such 1145 Eligible Participant must return a duly completed 1145 Rights Exercise Form to its Subscription Nominee or otherwise instruct its Subscription Nominee as to its 1145 Rights in accordance with the procedures established by its
Subscription Nominee, which, in turn, must (i) deliver a duly completed 1145 Master Exercise Form so that such information is actually received by the Subscription Agent on or before the 1145 Rights Offering
Expiration Date and (ii) pay to the Subscription Agent, by wire transfer of immediately available funds, the Subscription Purchase Price, so that the payment of the Subscription Purchase Price is actually received by the Subscription Agent on
or before the 1145 Rights Offering Expiration Date in accordance with these 1145 Rights Offering Procedures. 

  
 -5-

 Any difference between the Subscription Purchase Price actually paid by any 1145 Eligible
Participant and the maximum Subscription Purchase Price payable by such 1145 Eligible Participant to purchase 1145 Rights Offering Shares shall be refunded to such 1145 Eligible Participant, without interest, as soon as reasonably practicable, but
no later than ten (10) Business Days after refund amounts are determined by the Subscription Agent. 
 Deemed Representations and
Acknowledgements 
 Any Person exercising any 1145 Rights is deemed to have made the following representations and
acknowledgements: such Person 
 (i) is an 1145 Eligible Participant. 

(ii) recognizes and understands that 1145 Rights are not transferable or detachable from 1145 Eligible Claims, and may only be exercised
by an 1145 Eligible Participant. 
 (iii) will not accept a distribution of New Common Stock offered pursuant to the 1145 Rights
Offering with respect to an 1145 Eligible Claim if, at the time of such distribution, it does not own such 1145 Eligible Claim. 

(iv) by its acceptance of a distribution of New Common Stock with respect to an 1145 Eligible Claim, will be deemed to be the owner of
such 1145 Eligible Claim. 
 (v) agrees that if it transfers any portion of its 1145 Eligible Claim after the Holding Record
Date, the corresponding 1145 Rights will be cancelled, and neither such 1145 Eligible Participant nor the transferee of such 1145 Eligible Claim will receive 1145 Rights Offering Shares in connection with such 1145 Eligible Claim. 

(vi) will not accept a distribution of New Common Stock offered on account of any 1145 Eligible Claim pursuant to the 1145 Rights Offering
with a value in excess of the value such Person receives on account of such 1145 Eligible Claim pursuant to the Amended Plan (without giving effect to the distribution of 1145 Rights). 
 Failure to Exercise 1145 Rights 
 Unexercised 1145 Rights will be
cancelled on the 1145 Rights Offering Expiration Date. An 1145 Eligible Participant shall be deemed to have relinquished and waived all rights to participate in the 1145 Rights Offering to the extent the Subscription Agent for any reason does
not receive from an 1145 Eligible Participant or its Subscription Nominee, on or before the 1145 Rights Offering Expiration Date, (i) a duly completed 1145 Rights Exercise Form or equivalent instructions from DTC (if applicable) and
(ii) immediately available funds by wire transfer for the Subscription Purchase Price with respect to such 1145 Eligible Participant’s 1145 Rights. 

  
 -6-

 Any attempt to exercise any 1145 Rights after the 1145 Rights Offering Expiration Date shall
be null and void and the Debtors shall not honor any 1145 Rights Exercise Form or other documentation received by the Subscription Agent relating to such purported exercise after the 1145 Rights Offering Expiration Date, regardless of when such 1145
Rights Exercise Form or other documentation was sent. 
 The method of delivery of the 1145 Rights Exercise Form and any
other required documents by each 1145 Eligible Participant is at such 1145 Eligible Participant’s option and sole risk, and delivery will be considered made only when such 1145 Rights Exercise Form and other documentation are actually received
by the Subscription Agent. If delivery is by mail, the use of registered mail with return receipt requested, properly insured, is encouraged and strongly recommended. In all cases, you should allow sufficient time to ensure timely delivery prior to
the 1145 Rights Offering Expiration Date. 
 Disputes, Waivers, and Extensions 

Any and all disputes concerning the timeliness, viability, form and eligibility of any exercise of 1145 Rights shall be addressed in good
faith by the Debtors in consultation with the Creditors’ Committee. Any determination made by the Debtors with respect to such disputes shall be final and binding. The Debtors, in consultation with the Creditors’ Committee, may
(i) waive any defect or irregularity, or permit such a defect or irregularity to be corrected, within such times as the Debtors may determine in consultation with the Creditors’ Committee to be appropriate, or (ii) reject the
purported exercise of any 1145 Rights for which the 1145 Rights Exercise Form, the exercise thereof and/or payment of the Subscription Purchase Price includes defects or irregularities. 

1145 Rights Exercise Forms shall be deemed not to have been properly completed until all defects and irregularities have been waived or
cured within such time as the Debtors determine in their reasonable discretion and in good faith, in consultation with the Creditors’ Committee. The Debtors reserve the right, but are under no obligation, to give notice to any 1145 Eligible
Participant regarding any defect or irregularity in connection with any purported exercise of 1145 Rights by such 1145 Eligible Participant. The Debtors may, but are under no obligation to, permit such defect or irregularity in any 1145 Rights
Exercise Form to be cured; provided, however, that none of the Debtors (including any of their respective officers, directors, employees, agents or advisors) or the Subscription Agent shall incur any liability for any failure to give such
notification. 
 The Debtors may extend the 1145 Rights Offering Expiration Date, from time to time, with the consent of the
Creditors’ Committee and the Requisite Backstop Parties (such consent not to be unreasonably withheld, conditioned or delayed). The Debtors shall promptly notify the 1145 Eligible Participants in writing of such extension and of the date of the
new 1145 Rights Offering Expiration Date. 

  
 -7-

 Funds 
 All funds (the “1145 Rights Offering Funds”) in connection with an 1145 Eligible Participant’s exercise of 1145 Rights pursuant to these 1145 Rights Offering Procedures shall be
deposited when made and held in escrow by the Subscription Agent pending the Effective Date of the Amended Plan in an account or accounts (a) which shall be separate and apart from the Subscription Agent’s general operating funds and from
any other funds subject to any lien or any cash collateral arrangements and (b) which segregated account or accounts will be maintained for the sole purpose of holding the 1145 Rights Offering Funds for administration of the 1145 Rights
Offering. 
 The Subscription Agent shall not use the 1145 Rights Offering Funds for any purpose other than to release such
funds as directed by the Debtors pursuant to the Amended Plan on the Effective Date and shall not encumber or permit the 1145 Rights Offering Funds to be encumbered by any lien or similar encumbrance. No interest will be paid to 1145 Eligible
Participants on account of any 1145 Rights Offering Funds or other amounts paid in connection with their exercise of 1145 Rights under any circumstances. The 1145 Rights Offering Funds shall not be property of the Debtors’ estates until the
occurrence of the Effective Date. 
 All exercises of 1145 Rights are subject to and conditioned upon confirmation of the
Amended Plan and the occurrence of the Effective Date. In the event that the Amended Plan is not confirmed and consummated on or prior to November 4, 2013, all 1145 Rights Offering Funds held by the Subscription Agent will be refunded, without
interest, to each respective 1145 Eligible Participant as soon as reasonably practicable. 
 1145 Eligible Participant Release

 Upon the Effective Date of the Amended Plan, each 1145 Eligible Participant that elects to exercise 1145 Rights shall
be deemed, by virtue of such election, to have waived and released, to the fullest extent permitted under applicable law, all rights, claims or causes of action against the Debtors, Reorganized Debtors, the Creditors’ Committee, the Backstop
Parties and the Subscription Agent, and each of their respective affiliates, officers, directors, counsel and advisors, arising out of or related to the 1145 Rights Offering and the receipt, delivery, disbursements, calculations, transmission or
segregation of cash, 1145 Rights and 1145 Rights Offering Shares, except to the extent such rights, claims or causes of action arise from any act of gross negligence or willful or intentional misconduct or fraud. 

5. Exemption From Securities Act Registration 
 Except with respect to any person that is an underwriter as defined in section 1145(b) of the Bankruptcy Code, no registration under Section 5 of the Securities Act of 1933, as amended from time to
time (or any State or local law requiring registration for offer or sale of a security) shall be required in connection with the issuance and distribution of the 1145 Rights or the 1145 Rights Offering Shares issued upon the exercise thereof.

 Please refer to Section [•] of the Amended Disclosure Statement and Article 5.8 of the Amended Plan a more detailed
discussion regarding the issuance of the New Common Stock pursuant to the Amended Plan, including applicable transfer restrictions. 

  
 -8-

 6. Subsequent Adjustments 

If, prior to the 1145 Claim Determination Date, the amount of an 1145 Eligible Participant’s 1145 Eligible Claim increases, such
holder will receive additional 1145 Rights which may be exercised prior to the 1145 Rights Offering Expiration Date, entitling such 1145 Eligible Participant to purchase additional 1145 Rights Offering Shares. 

Any difference between the Subscription Purchase Price actually paid by any 1145 Eligible Participant and the amount duly payable by such
1145 Eligible Participant to purchase 1145 Rights Offering Shares shall be refunded to such 1145 Eligible Participant, without interest, as soon as reasonably practicable after refund amounts are determined by the Subscription Agent, provided that
the Subscription Agent shall use commercially reasonable efforts to refund such amounts no later than ten (10) Business Days after the 1145 Rights Offering Expiration Date. 

7. 1145 Rights Offering Conditioned Upon Plan Confirmation; Reservation of Rights 

All exercises of 1145 Rights are subject to and conditioned upon the confirmation of the Amended Plan and the occurrence of the Effective
Date. 
 Notwithstanding anything contained herein, the Amended Disclosure Statement or the Amended Plan to the contrary, the
Debtors, with the consent of the Creditors’ Committee and the Requisite Backstop Parties (such consent not to be unreasonably withheld, conditioned or delayed), reserve the right to adopt additional procedures to more efficiently administer the
1145 Rights Offering or make such other changes to the 1145 Rights Offering, including the criteria for eligibility to participate in the 1145 Rights Offering, as necessary in the Debtors’ or Reorganized Debtors’ business judgment to more
efficiently administer the distribution and exercise of the 1145 Rights or to comply with applicable law. 
 8. Inquiries and
Transmittal of Documents; Subscription Agent 
 Questions relating to these 1145 Rights Offering Procedures, the proper
completion of the 1145 Rights Exercise Form or any of the requirements for exercising 1145 Rights or otherwise participating in the 1145 Rights Offering, should be directed to the Subscription Agent at: 

Kurtzman Carson Consultants 
 599 Lexington Avenue, 39th Floor 
 New York, NY 10022 

(877) 833-4150 
 All documents relating to the 1145 Rights Offering are available from the Subscription Agent as set forth herein. In addition, such documents, together with all filings made with the Bankruptcy Court in
these chapter 11 cases, are available free of charge from the Debtors’ restructuring website (http://www.kccllc.net/kodak). 

  
 -9-

 
Before electing to participate in the 1145 Rights Offering, all 1145 Eligible Participants should review the Amended Disclosure Statement (including the risk factors described in the section
entitled “Additional Factors to be Considered Prior to Voting” and the section entitled “1145 Securities – Subsequent Transfers”) and the Amended Plan in addition to these 1145 Rights Offering Procedures and the instructions
contained in the 1145 Rights Exercise Form. 
 1145 Eligible Participants may wish to seek legal advice concerning the 1145 Rights
Offering. 
 These 1145 Rights Offering Procedures and the accompanying 1145 Rights Exercise Form should be read carefully and the
instructions therein must be strictly followed. The risk of non-delivery of any documents sent or payments remitted to the Subscription Agent in connection with the exercise of 1145 Rights lies solely with 1145 Eligible Participants, and shall not
fall on the Debtors, Reorganized Debtors or any of their respective officers, directors, employees, agents or advisors, including the Subscription Agent, under any circumstance whatsoever. 

  
 -10-

 UNITED STATES BANKRUPTCY COURT 
 SOUTHERN DISTRICT OF NEW YORK 
  

					
	  
 In re:
  
 EASTMAN KODAK
COMPANY, et al.,1

 
 Debtors.
	 	 )
 )

)
 )

)
 )

)
	  	  
 Chapter 11

 
 Case No. 12-10202 (ALG)

 
 (Jointly Administered)

 INSTRUCTIONS TO 1145 RIGHTS EXERCISE FORM IN CONNECTION WITH 

THE FIRST AMENDED JOINT CHAPTER 11 PLAN OF REORGANIZATION 
 OF EASTMAN KODAK COMPANY AND ITS DEBTOR AFFILIATES 
 1145
RIGHTS OFFERING 
 EXPIRATION DATE 
 All 1145 Rights Exercise Forms 
 and payments of the Subscription Purchase
Price 
 must be received by the Subscription Agent 

no later than 
 5:00 p.m. (Eastern Time) on August 9, 2013 
 (the “1145 Rights
Offering Expiration Date”). 
 These 1145 Rights Offering Procedures have been approved by the Bankruptcy Court pursuant to the
Rights Offering Procedures Order. 
 The 1145 Rights Offering, the distribution of each 1145 Right and the issuance of each 1145 Rights
Offering Share are being conducted under the Amended Plan. 
 Each 1145 Right and 1145 Rights Offering Share is being distributed and
issued by the Debtors without registration under the Securities Act, in reliance upon the exemption provided in section 1145 of the Bankruptcy Code. 
 None of the 1145 Rights distributed in connection with these 1145 Rights Offering Procedures have been or will be registered under the Securities Act, nor any State or local law requiring registration
for offer or sale of a security, and no 1145 Rights may be sold or transferred. 
 None of the 1145 Rights Offering Shares have been or
will be registered under the Securities Act, nor any State or local law requiring registration for offer or sale of a security. 
  

 

	1 	The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, are: Eastman Kodak Company (7150);
Creo Manufacturing America LLC (4412); Eastman Kodak International Capital Company, Inc. (2341); Far East Development Ltd. (2300); FPC Inc. (9183); Kodak (Near East), Inc. (7936); Kodak Americas, Ltd. (6256); Kodak Aviation Leasing LLC (5224); Kodak
Imaging Network, Inc. (4107); Kodak Philippines, Ltd. (7862); Kodak Portuguesa Limited (9171); Kodak Realty, Inc. (2045); Laser-Pacific Media Corporation (4617); NPEC Inc. (5677); Pakon, Inc. (3462); and Qualex Inc. (6019). The location of the
Debtors’ corporate headquarters is: 343 State Street, Rochester, NY 14650. 

 The 1145 Rights Offering is being conducted in good faith and in compliance with the Bankruptcy Code. In
accordance with section 1125(e) of the Bankruptcy Code, a debtor or any of its agents that participates, in good faith and in compliance with the applicable provisions of the Bankruptcy Code, in the offer, issuance, sale, or purchase of a security,
offered or sold under the plan, of the debtor, of an affiliate participating in a joint plan with the debtor, or of a newly organized successor to the debtor under the plan, is not liable, on account of such participation, for violation of any
applicable law, rule, or regulation governing the offer, issuance, sale, or purchase of securities. 
 On June [•],
2013, Eastman Kodak Company (“Kodak”), together with its affiliated debtors and debtors in possession (collectively, the “Debtors”), filed the First Amended Joint Chapter 11 Plan of Reorganization of Eastman
Kodak Company and its Debtor Affiliates (as may be amended, modified or supplemented from time to time, the “Amended Plan”) and the accompanying First Amended Disclosure Statement for Debtors’ First Amended Joint
Plan of Reorganization Under Chapter 11 of the Bankruptcy Code (as may be amended, modified or supplemented from time to time, the “Amended Disclosure Statement”). Capitalized terms used but not otherwise defined herein shall
have the meanings ascribed to such terms in the Amended Plan. 
 Pursuant to the Amended Plan, each 1145 Eligible Participant
(as defined below) has the right, but not the obligation, to purchase all or a portion of its 1145 Available Shares (as defined in the accompanying 1145 Rights Offering Procedures). 

An “1145 Eligible Participant” means a Person that satisfies all of the following criteria: (a) such Person was the
beneficial owner of a General Unsecured Claim or Retiree Settlement Claim as of June 13, 2013 (the “Holding Record Date”); (b) such Claim is or became an 1145 Eligible Claim as of July 22, 2013 (or such later date as
the Debtors may determine in consultation with the Creditors’ Committee and the Requisite Backstop Parties, the “1145 Claim Determination Date”) and (c) such Person is the beneficial owner of such 1145 Eligible Claim on
the Effective Date. 
 You have received the attached 1145 Rights Exercise Form because you are an 1145 Eligible Participant.

 Please use this 1145 Rights Exercise Form to execute your election. In order to participate in the 1145 Rights
Offering, you must duly complete, execute and return the attached 1145 Rights Exercise Form, together with your full payment for the exercise of your 1145 Rights, to Kurtzman Carson Consultants (the “Subscription
Agent”) on or before the 1145 Rights Offering Expiration Date set forth above.  
 Please refer to Section
[•] of the Amended Disclosure Statement and Article 5.8 of the Amended Plan for information regarding the issuance of New Common Stock pursuant to the Amended Plan, including applicable transfer restrictions. 

For further information on how to participate in the 1145 Rights Offering, please see the accompanying 1145 Rights Offering Procedures.
If you have any questions about the 1145 Rights Exercise Form or the Rights Offering Procedures, please contact the Subscription Agent at (877) 833-4150. 
 If your 1145 Rights Exercise Form is not properly completed, executed and received by the Subscription Agent by the 1145 Rights Offering Expiration Date, your 1145 Rights will terminate and be
cancelled. 
 To purchase New Common Stock pursuant to the 1145 Rights Offering: 
 1. Review the total amount of your 1145 Eligible Claims as indicated in Item 1. (Note that this may vary from your asserted General Unsecured Claim amount.) 

  
 -2-

 2. Review the number of 1145 Available Shares you are eligible to purchase, as calculated in
Item 2a. 
 3. Complete Item 2b by entering the whole number of 1145 Available Shares you wish to purchase. 

4. Complete Item 3. 
 5.
Carefully review and complete the certification, representations and acknowledgements in Item 4. 
 6. Return the 1145
Rights Exercise Form in the enclosed pre-addressed envelope so that it is received by the Subscription Agent on or before the 1145 Rights Offering Expiration Date. You may also deliver your completed 1145 Rights Exercise Form to the
Subscription Agent via email at kodakinfo@kccllc.com or via facsimile at (212)702-0864. 
 7. Pay the Subscription Purchase
Price to the Subscription Agent by wire transfer of immediately available funds so that it is received by the Subscription Agent on or before the 1145 Rights Offering Expiration Date. Call the Subscription Agent, Kurtzman Carson Consultants,
at (877) 833-4150, to confirm receipt of payment. 
 Before electing to participate in the 1145 Rights Offering, all 1145 Eligible
Participants should review the Amended Disclosure Statement (including the risk factors described in the section entitled “Additional Factors to be Considered Prior to Voting” and the section entitled “1145 Securities –
Subsequent Transfers”), the Amended Plan, in addition to the accompanying 1145 Rights Offering Procedures and the instructions contained herein. You may wish to seek legal advice concerning the 1145 Rights Offering. 

  
 -3-

 1145 RIGHTS EXERCISE FORM IN CONNECTION WITH THE 

FIRST AMENDED JOINT CHAPTER 11 PLAN OF REORGANIZATION 
 OF EASTMAN KODAK COMPANY AND ITS DEBTOR AFFILIATES 
 1145
RIGHTS OFFERING EXPIRATION DATE 
 All 1145 Rights Exercise Forms 

and payments of the Subscription Purchase Price 
 must be received by the Subscription Agent 
 no later than 

5:00 p.m. (Eastern Time) on August 9, 2013 
 (the “1145 Rights Offering Expiration Date”). 
 Please refer to
Section [•] of the Amended Disclosure Statement and 
 Article 5.8 of the Debtors’ First Amended Joint Chapter 11
Plan of 
 Reorganization (the “Amended Plan”) for information regarding the 

issuance of New Common Stock pursuant to the Amended Plan, 
 including applicable transfer restrictions. 
 Please consult the
accompanying 1145 Rights Offering Procedures and 
 Instructions for additional information with respect to 

this 1145 Rights Exercise Form. 
 These 1145 Rights Offering Procedures have been approved by the Bankruptcy Court pursuant to the Rights Offering Procedures Order. 
 The 1145 Rights Offering, the distribution of each 1145 Right and the issuance of each 1145 Rights Offering Share are being conducted under the Amended Plan. 

Each 1145 Right and 1145 Rights Offering Share is being distributed and issued by the Debtors without registration under the Securities Act, in
reliance upon the exemption provided in section 1145 of the Bankruptcy Code. 
 None of the 1145 Rights distributed in connection with
these 1145 Rights Offering Procedures have been or will be registered under the Securities Act, nor any State or local law requiring registration for offer or sale of a security, and no 1145 Rights may be sold or transferred. 

None of the 1145 Rights Offering Shares have been or will be registered under the Securities Act, nor any State or local law requiring registration
for offer or sale of a security. 
 The 1145 Rights Offering is being conducted in good faith and in compliance with the Bankruptcy Code.
In accordance with section 1125(e) of the Bankruptcy Code, a debtor or any of its agents that participates, in good faith and in compliance with the applicable provisions of the Bankruptcy Code, in the offer, issuance, sale, or purchase of a
security, offered or sold under the plan, of the debtor, of an affiliate participating in a joint plan with the debtor, or of a newly organized successor to the debtor under the plan, is not liable, on account of such participation, for violation of
any applicable law, rule, or regulation governing the offer, issuance, sale, or purchase of securities. 

 Item 1. Amount of 1145 Eligible Claims. Pursuant to the Amended Plan, each 1145 Eligible
Participant (as defined below) is entitled to participate in the 1145 Rights Offering to the extent of such 1145 Eligible Participant’s “1145 Eligible Claims”. 
 An “1145 Eligible Participant” means a Person that satisfies all of the following criteria: (a) such Person was the beneficial owner of a General Unsecured Claim or Retiree
Settlement Claim as of June 13, 2013; (b) such Claim is or became an 1145 Eligible Claim as of July 22, 2013 (or such later date as the Debtors may determine in consultation with the Creditors’ Committee and the Requisite
Backstop Parties, the “1145 Claim Determination Date”) and (c) such Person is the beneficial owner of such 1145 Eligible Claim on the Effective Date. 
 For purposes of this 1145 Rights Exercise Form, the total amount of your 1145 Eligible Claims is: 
 $[                    ]1 

Item 2. 1145 Rights. Each 1145 Eligible Participant is entitled to purchase a number of 1145 Available Shares corresponding to the total
amount of its 1145 Eligible Claims.  
 To participate in the 1145 Rights Offering, please review Item 2a below, and read and
complete Items 2b and 3 below. 
 2a. Calculation of Number of 1145 Available Shares. The number of
1145 Available Shares for which you may subscribe pursuant to the 1145 Rights Offering is calculated as
follows:2 

 

									
	  
	 	X	 	[•]3	 	=	 	  

	 (Amount of 1145 Eligible Claims
 from Item 1 above)
	 		 		 		 	 (Number of 1145 Available Shares, rounded
 down to nearest whole share)

 2b. Exercise Amount. By filling in the following blanks, you are indicating your intention to
purchase the number of 1145 Available Shares specified below (please specify a whole number of 1145 Available Shares not greater than the figure in Item 2a), at a Per Share Price of $11.94, on the terms of and subject to the conditions set
forth in the Amended Plan and 1145 Rights Offering Procedures. 
  

									
	  
	  	X	  	 $11.94
	  	=	  	
$                        
                                         
       

	 (Indicate the number of 1145

Available Shares you elect to purchase)
	  		  	 (Per Share
 Price)
	  		  	Subscription Purchase Price

  

	1 	[Subscription Agent to Enter.] (Note that this may vary from your asserted General Unsecured Claim amount.) 

	2 	[Subscription Agent to Enter.] 

	3 	[Subscription Agent to Enter.] Amount calculated by dividing six million shares of New Common Stock by the estimated total valid amount of Claims
represented by General Unsecured Claims and the Retiree Settlement Unsecured Claim, which amount has been determined in consultation with the Requisite Backstop Parties and Creditors’ Committee in order to ensure compliance with section 1145 of
the Bankruptcy Code. 

  
 -2-

 Payment of the Subscription Purchase Price indicated above will be due by wire transfer prior to the 1145
Rights Offering Expiration Date, to be made in accordance with the instructions below. An 1145 Eligible Participant shall be deemed to have relinquished and waived all rights to participate in the 1145 Rights Offering if the Subscription Agent for
any reason does not receive from an 1145 Eligible Participant, on or before the 1145 Rights Offering Expiration Date, (i) a duly completed and executed 1145 Rights Exercise Form and (ii) payment of the Subscription Purchase Price by or on
behalf of such 1145 Eligible Participant. 
 Wire Delivery Instructions: 

 

			
	Account Name:	  	Computershare Inc AAF for KCC Client Funding Eastman Kodak
	Account No.:	  	4426855327
	 ABA/Routing No.:
	  	026009593
	 Bank Name:
	  	Bank of America
	 Bank Address:
	  	New York, New York
	 Ref:
	  	Funding for Eastman Kodak Rights Offering

 Item 3. In the event that monies funded by you are to be returned pursuant to the accompanying 1145 Rights
Offering Procedures, please provide your wire instructions and address. In the event you do not provide wire instructions, any refund to which you are entitled will be sent to your address: 

 

	
	 Street
Address:                                       
                                  

 
 City, State, Zip
Code:                                        
                     
  

Wire Transfer
Information:                                       
           

 Item 4. Certification. I certify that (i) I am the holder, or the authorized signatory of
the holder, of the amount of 1145 Eligible Claims listed under Item 1 above, (ii) I am, or such holder is, entitled to participate in the 1145 Rights Offering to the extent of my, or such holder’s, 1145 Eligible Claims as indicated
under Item 2a above, (iii) I have received and reviewed a copy of the Amended Plan, the Amended Disclosure Statement (including the risk factors described in the section entitled “Additional Factors to be Considered Prior to
Voting” and the section entitled “1145 Securities – Subsequent Transfers”) and the 1145 Rights Offering Procedures and (iv) I understand that my participation in the 1145 Rights Offering is subject to all of the terms and
conditions set forth in the Amended Plan and 1145 Rights Offering Procedures. This certification is not an admission as to the ultimate allowed amount of such 1145 Eligible Claims. 
 I represent and warrant that: 
  

	 	(a)	I am a 1145 Eligible Participant. 

  

	 	(b)	I recognize and understand that the 1145 Rights are not transferable or detachable from 1145 Eligible Claims, and may only be exercised by a 1145 Eligible Participant.

  

	 	(c)	I will not accept a distribution of New Common Stock offered pursuant to the 1145 Rights Offering Procedures with respect to a 1145 Eligible Claim if, at the time of
distribution, I do not own such 1145 Eligible Claim. 

  

	 	(d)	By accepting such a distribution of New Common Stock, I will be deemed to be the owner of such 1145 Eligible Claim. 

  
 -3-

	 	(e)	If I transfer any portion of my 1145 Eligible Claim, the corresponding 1145 Rights will be cancelled, and neither I nor the transferee of such 1145 Eligible Claim will
receive 1145 Rights Offering Shares in connection with such 1145 Eligible Claim. 

  

	 	(f)	I will not accept a distribution of New Common Stock offered on account of any 1145 Eligible Claim pursuant to the 1145 Rights Offering with a value in excess of the
value I receive on account of such 1145 Eligible Claim pursuant to the Amended Plan (without giving effect to the distribution of 1145 Rights). 

 As of the Effective Date of the Amended Plan, by virtue of my election to exercise 1145 Rights, I hereby waive and release, to the fullest extent permitted under applicable law, all rights, claims or
causes of action against the Debtors, the Reorganized Debtors, the Creditors’ Committee, the Backstop Parties and the Subscription Agent, and each of their respective affiliates, officers, directors, counsel and advisors, arising out of or
related to the 1145 Rights Offering and the receipt, delivery, disbursements, calculations, transmission or segregation of cash, 1145 Rights and 1145 Rights Offering Shares, except to the extent such rights, claims or causes of action arise from any
act of gross negligence or willful or intentional misconduct or fraud. 
 BEFORE ELECTING TO PARTICIPATE IN THE 1145 RIGHTS OFFERING, ALL
1145 ELIGIBLE PARTICIPANTS SHOULD REVIEW THE AMENDED DISCLOSURE STATEMENT (INCLUDING THE RISK FACTORS DESCRIBED IN THE SECTION ENTITLED “ADDITIONAL FACTORS TO BE CONSIDERED PRIOR TO VOTING” AND THE SECTION ENTITLED “1145 SECURITIES
– SUBSEQUENT TRANSFERS”) AND THE AMENDED PLAN, THE ACCOMPANYING 1145 RIGHTS OFFERING PROCEDURES AND THE INSTRUCTIONS CONTAINED HEREIN. YOU MAY WISH TO SEEK LEGAL ADVICE CONCERNING THE 1145 RIGHTS OFFERING. 

I acknowledge that by executing this 1145 Rights Exercise Form the undersigned holder will be bound to pay for the 1145 Rights Offering Shares that it
has subscribed for pursuant to the instructions that will be set forth in a separate notice and that the undersigned holder may be liable to the Debtors to the extent of any nonpayment. 

Date:
                            , 2013 

 

	
	
	 Name of 1145 Eligible

Participant:                      
                                         
                                         
        

	(Print or Type)
	
	Social Security or Federal Tax I.D.
No.:                                        
                   
	                           
                     (Optional)
	
	Signature:                           
                                         
                                         
      
	
	Name of Person
Signing:                                      
                                         
        
	                           
 (If other than as given above)
	
	Title (if corporation, partnership or
LLC):                                       
                 
	
	Street
Address:                                       
                                         
                         
	
	City, State, Zip
Code:                                        
                                         
            
	
	Telephone
Number:                                        
                                         
               
	
	Email:                           
                                         
                                         
            

 PLEASE NOTE: NO EXERCISE OF 1145 RIGHTS WILL BE VALID UNLESS A PROPERLY COMPLETED AND SIGNED 1145 RIGHTS
EXERCISE FORM, TOGETHER WITH YOUR FULL PAYMENT FOR THE EXERCISE OF SUCH RIGHTS, IS RECEIVED BY THE SUBSCRIPTION AGENT ON OR BEFORE THE 1145 RIGHTS OFFERING EXPIRATION DATE. 

  
 -4-

 The 1145 Rights Offering Shares will be registered only in the name of the 1145 Eligible Particpant. Please
indicate on the lines provided below the 1145 Eligible Participant’s name and address as you would like it to be reflected in the transfer agent’s records for registration of the 1145 Rights Offering Shares. 

 

	
	Registration Line
1:                                        
                        
	
	 Registration Line
2:                                        
                        
 (if needed)

	
	Address
1:                                        
                                         
 
	
	Address
2:                                        
                                         
 
	
	Address
3:                                        
                                         
 
	
	Address
4:                                        
                                         
 

  
 -5-

					
	 UNITED STATES BANKRUPTCY COURT
 SOUTHERN DISTRICT OF NEW YORK
  
	 		  	
	  
 In re:
  
 EASTMAN KODAK COMPANY, et al.,1
  

Debtors.
	 	)
 )
 )
 )
 )
 )
 )
	  	  
 Chapter 11

 
 Case No. 12-10202 (ALG)

 
 (Jointly Administered)

 INSTRUCTIONS TO 1145 RIGHTS EXERCISE FORM FOR HOLDERS OF UNSECURED 

NOTES IN CONNECTION WITH THE FIRST AMENDED JOINT CHAPTER 11 PLAN OF  

REORGANIZATION OF EASTMAN KODAK COMPANY AND ITS DEBTOR AFFILIATES  

1145 RIGHTS OFFERING 
 EXPIRATION DATE 
 All 1145 Rights Exercise Forms 

must be received by your nominee in sufficient 
 time to allow your nominee to deliver your 
 instructions to the
Subscription Agent 
 no later than 
 5:00 p.m. (Eastern Time) on August 9, 2013 
 (the “1145 Rights
Offering Expiration Date”). 
 These 1145 Rights Offering Procedures have been approved by the Bankruptcy Court pursuant to the
Rights Offering Procedures Order. 
 The 1145 Rights Offering, the distribution of each 1145 Right and the issuance of each 1145 Rights
Offering Share are being conducted under the Amended Plan. 
 Each 1145 Right and 1145 Rights Offering Share is being distributed and
issued by the Debtors without registration under the Securities Act, in reliance upon the exemption provided in section 1145 of the Bankruptcy Code. 
 None of the 1145 Rights distributed in connection with these 1145 Rights Offering Procedures have been or will be registered under the Securities Act, nor any State or local law requiring registration
for offer or sale of a security, and no 1145 Rights may be sold or transferred. 
  

	1 	 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, are: Eastman Kodak
Company (7150); Creo Manufacturing America LLC (4412); Eastman Kodak International Capital Company, Inc. (2341); Far East Development Ltd. (2300); FPC Inc. (9183); Kodak (Near East), Inc. (7936); Kodak Americas, Ltd. (6256); Kodak Aviation Leasing
LLC (5224); Kodak Imaging Network, Inc. (4107); Kodak Philippines, Ltd. (7862); Kodak Portuguesa Limited (9171); Kodak Realty, Inc. (2045); Laser-Pacific Media Corporation (4617); NPEC Inc. (5677); Pakon, Inc. (3462); and Qualex Inc. (6019). The
location of the Debtors’ corporate headquarters is: 343 State Street, Rochester, NY 14650. 

	

 None of the 1145 Rights Offering Shares have been or will be registered under the Securities Act, nor any
State or local law requiring registration for offer or sale of a security. 
 The 1145 Rights Offering is being conducted in good faith
and in compliance with the Bankruptcy Code. In accordance with section 1125(e) of the Bankruptcy Code, a debtor or any of its agents that participates, in good faith and in compliance with the applicable provisions of the Bankruptcy Code, in the
offer, issuance, sale, or purchase of a security, offered or sold under the plan, of the debtor, of an affiliate participating in a joint plan with the debtor, or of a newly organized successor to the debtor under the plan, is not liable, on account
of such participation, for violation of any applicable law, rule, or regulation governing the offer, issuance, sale, or purchase of securities. 
 On June [•], 2013, Eastman Kodak Company (“Kodak”), together with its affiliated debtors and debtors in possession (collectively, the
“Debtors”), filed the First Amended Joint Chapter 11 Plan of Reorganization of Eastman Kodak Company and its Debtor Affiliates (as may be amended, modified or supplemented from time to time, the
“Amended Plan”) and the accompanying First Amended Disclosure Statement for Debtors’ First Amended Joint Plan of Reorganization Under Chapter 11 of the Bankruptcy Code (as may be amended, modified or
supplemented from time to time, the “Amended Disclosure Statement”). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Amended Plan. 

Pursuant to the Amended Plan, each 1145 Eligible Participant (as defined below) has the right, but not the obligation, to purchase all or
a portion of its 1145 Available Shares (as defined in the accompanying 1145 Rights Offering Procedures). 
 An “1145
Eligible Participant” means a Person that satisfies all of the following criteria: (a) such Person was the beneficial owner of a General Unsecured Claim or Retiree Settlement Claim as of June 13, 2013; (b) such Claim is or
became an 1145 Eligible Claim as of July 22, 2013 (or such later date as the Debtors may determine in consultation with the Creditors’ Committee and the Requisite Backstop Parties, the “1145 Claim Determination Date”) and
(c) such Person is the beneficial owner of such 1145 Eligible Claim on the Effective Date. 
 You have received the
attached 1145 Rights Exercise Form because you are an 1145 Eligible Participant. 
 Please use this 1145 Rights Exercise Form to
execute your election. In order to participate in the 1145 Rights Offering, you must duly complete, execute and return the attached 1145 Rights Exercise Form to your nominee in sufficient time to allow your nominee to process your
instructions and deliver to Kurtzman Carson Consultants (the “Subscription Agent”) on or before the 1145 Rights Offering Expiration Date set forth above. 
 Please refer to Section [•] of the Amended Disclosure Statement and Article 5.8 of the Amended Plan for information regarding the issuance of New Common Stock pursuant to the Amended Plan,
including applicable transfer restrictions. 
 For further information on how to participate in the 1145 Rights Offering,
please see the accompanying 1145 Rights Offering Procedures. If you have any questions about the 1145 Rights Exercise Form or the Rights Offering Procedures, please contact the Subscription Agent at (877) 833-4150. 

If your 1145 Rights Exercise Form is not properly completed, executed and received by the Subscription Agent by the 1145 Rights Offering Expiration
Date, your 1145 Rights will terminate and be cancelled. 

  
 -2-

 To purchase New Common Stock pursuant to the 1145 Rights Offering: 

1. Review the total amount of your 1145 Eligible Claims as indicated in Item 1. (Note that this may vary from your asserted General
Unsecured Claim amount.) 
 2. Review the number of 1145 Available Shares you are eligible to purchase, as calculated in
Item 2a. 
 3. Complete Item 2b by entering the whole number of 1145 Available Shares you wish to purchase. 

4. Carefully review, complete and execute the certification, representations and acknowledgements in Item 3. 

5. Return the 1145 Rights Exercise Form to your nominee in sufficient time to allow your nominee to process your instructions and deliver
to the Subscription Agent on or before the 1145 Rights Offering Expiration Date. You may also deliver your completed 1145 Rights Exercise Form to the Subscription Agent via email at kodakinfo@kccllc.com or via facsimile at 212-702-0864.

 6. Instruct Your Nominee to Pay the Subscription Purchase Price to the Subscription Agent by wire transfer of immediately
available funds so that it is received by the Subscription Agent on or before the 1145 Rights Offering Expiration Date. 
 Before electing
to participate in the 1145 Rights Offering, all 1145 Eligible Participants should review the Amended Disclosure Statement (including the risk factors described in the section entitled “Additional Factors to be Considered Prior to Voting”
and the section entitled “1145 Securities – Subsequent Transfers”), the Amended Plan, in addition to the accompanying 1145 Rights Offering Procedures and the instructions contained herein. You may wish to seek legal advice concerning
the 1145 Rights Offering. 

  
 -3-

 1145 RIGHTS EXERCISE FORM FOR HOLDERS OF UNSECURED NOTES 

IN CONNECTION WITH THE FIRST AMENDED JOINT CHAPTER 11 PLAN OF  

REORGANIZATION OF EASTMAN KODAK COMPANY AND ITS DEBTOR AFFILIATES 

1145 RIGHTS OFFERING 
 EXPIRATION DATE 
 All 1145 Rights Exercise Forms 

and payments of the Subscription Purchase Price 
 must be received by your nominee in sufficient time to allow your 

nominee to deliver your instructions to the Subscription Agent 

no later than 
 5:00 p.m. (Eastern Time) on August 9, 2013 
 (the “1145 Rights
Offering Expiration Date”). 
 Please refer to Section [•] of the Amended Disclosure Statement and

 Article 5.8 of the Debtors’ First Amended Joint Chapter 11 Plan of 

Reorganization (the “Amended Plan”) for information regarding the 

issuance of New Common Stock pursuant to the Amended Plan. 
 Please consult the accompanying 1145 Rights Offering Procedures and 

Instructions for additional information with respect to 
 this 1145 Rights Exercise Form. 
 Each 1145 Right and 1145 Rights Offering Share is
being distributed and issued by the Debtors without registration under the Securities Act, in reliance upon the exemption provided in section 1145 of the Bankruptcy Code. 
 None of the 1145 Rights distributed in connection with these 1145 Rights Offering Procedures have been or will be registered under the Securities Act, nor any State or local law requiring registration
for offer or sale of a security, and no 1145 Rights may be sold or transferred. 
 None of the 1145 Rights Offering Shares have been or
will be registered under the Securities Act, nor any State or local law requiring registration for offer or sale of a security. 
 The
1145 Rights Offering is being conducted in good faith and in compliance with the Bankruptcy Code. In accordance with section 1125(e) of the Bankruptcy Code, a debtor or any of its agents that participates, in good faith and in compliance with the
applicable provisions of the Bankruptcy Code, in the offer, issuance, sale, or purchase of a security, offered or sold under the plan, of the debtor, of an affiliate participating in a joint plan with the debtor, or of a newly organized successor to
the debtor under the plan, is not liable, on account of such participation, for violation of any applicable law, rule, or regulation governing the offer, issuance, sale, or purchase of securities. 

Item 1. Amount of 1145 Eligible Claims. Pursuant to the Amended Plan, each 1145 Eligible Participant (as defined below) is entitled to
participate in the 1145 Rights Offering to the extent of such 1145 Eligible Participant’s “1145 Eligible Claims”.  

 An “1145 Eligible Participant” means a Person that satisfies all of the following criteria:
(a) such Person was the beneficial owner of a General Unsecured Claim or Retiree Settlement Claim as of June 13, 2013; (b) such Claim is or became an 1145 Eligible Claim as of July 22, 2013 (or such later date as the Debtors may
determine in consultation with the Creditors’ Committee and the Requisite Backstop Parties, the “1145 Claim Determination Date”) and (c) such Person is the beneficial owner of such 1145 Eligible Claim on the Effective
Date. 
 For purposes of this 1145 Rights Exercise Form, the total principal amount of your 1145 Eligible Claims is: (If you do not know your
principal amount, please contact your nominee immediately.) 

$[                  
  ]1 

Item 2. 1145 Rights. Each 1145 Eligible Participant is entitled to purchase a number of 1145 Available Shares corresponding to the total
amount of its 1145 Eligible Claims. 
 To participate in the 1145 Rights Offering, please review Item 2a below, and read and complete Items
2b and 3 below. 
 2a. Calculation of Number of 1145 Available Shares. The number of 1145 Available
Shares for which you may subscribe pursuant to the 1145 Rights Offering is calculated as follows:2 
  

									
	 	 	X	  	[•]3	 	= 	  	  

	 (Amount of 1145 Eligible Claims

from Item 1 above)
	 		  		 		  	 (Maximum Number of 1145 Available
 Shares, rounded down to nearest whole
 share)

 2b. Exercise Amount. By filling in the following blanks, you are indicating your intention to
purchase the number of 1145 Available Shares specified below (please specify a whole number of 1145 Available Shares not greater than the figure in Item 2a), at a Per Share Price of $11.94, on the terms of and subject to the conditions set
forth in the Amended Plan and 1145 Rights Offering Procedures. 
  

													
	 	  	 	X	  	  		  	 	= 	  	  	$                             
                                         
   
	 (Indicate the number of 1145

Available Shares you elect to

purchase)
	  				  	 $11.94
 (Per Share
 Price)

	  				  	Subscription Purchase Price

  

	1 	[1145 Eligible Participant to enter.] (Note that this may vary from your asserted General Unsecured Claim amount.) 

	2 	[Subscription Agent to enter.] 

	3 	 Amount calculated by dividing six million shares of New Common Stock by the estimated total valid amount of Claims represented by General Unsecured
Claims and the Retiree Settlement Unsecured Claim, which amount has been determined in consultation with the Requisite Backstop Parties and Creditors’ Committee in order to ensure compliance with section 1145 of the Bankruptcy Code.

  
 -2-

 Item 3. Certification. I certify that (i) I am the holder, or the authorized signatory of
the holder, of the amount of 1145 Eligible Claims listed under Item 1 above, (ii) I am, or such holder is, entitled to participate in the 1145 Rights Offering to the extent of my, or such holder’s, 1145 Eligible Claims as indicated
under Item 2a above, (iii) I have received and reviewed a copy of the Amended Plan, the Amended Disclosure Statement (including the risk factors described in the section entitled “Additional Factors to be Considered Prior to
Voting” and the section entitled “1145 Securities – Subsequent Transfers”) and the 1145 Rights Offering Procedures and (iv) I understand that my participation in the 1145 Rights Offering is subject to all of the terms and
conditions set forth in the Amended Plan and 1145 Rights Offering Procedures. This certification is not an admission as to the ultimate allowed amount of such 1145 Eligible Claims. 
 I represent and warrant that: 
  

	 	(a)	I am a 1145 Eligible Participant. 

  

	 	(b)	I recognize and understand that the 1145 Rights are not transferable or detachable from 1145 Eligible Claims, and may only be exercised by a 1145 Eligible Participant.

  

	 	(c)	I will not accept a distribution of New Common Stock offered pursuant to the 1145 Rights Offering Procedures with respect to a 1145 Eligible Claim if, at the time of
distribution, I do not own such 1145 Eligible Claim. 

  

	 	(d)	By accepting such a distribution of New Common Stock, I will be deemed to be the owner of such 1145 Eligible Claim. 

 

	 	(e)	If I transfer any portion of my 1145 Eligible Claim, the corresponding 1145 Rights will be cancelled, and neither I nor the transferee of such 1145 Eligible Claim will
receive 1145 Rights Offering Shares in connection with such 1145 Eligible Claim. 

 As of the Effective Date of the Amended Plan,
by virtue of my election to exercise 1145 Rights, I hereby waive and release, to the fullest extent permitted under applicable law, all rights, claims or causes of action against the Debtors, the Reorganized Debtors, the Creditors’ Committee,
the Backstop Parties and the Subscription Agent, and each of their respective affiliates, officers, directors, counsel and advisors, arising out of or related to the 1145 Rights Offering and the receipt, delivery, disbursements, calculations,
transmission or segregation of cash, 1145 Rights and 1145 Rights Offering Shares, except to the extent such rights, claims or causes of action arise from any act of gross negligence or willful or intentional misconduct or fraud. 

BEFORE ELECTING TO PARTICIPATE IN THE 1145 RIGHTS OFFERING, YOU SHOULD REVIEW THE AMENDED DISCLOSURE STATEMENT (INCLUDING THE RISK FACTORS DESCRIBED
IN THE SECTION ENTITLED “ADDITIONAL FACTORS TO BE CONSIDERED PRIOR TO VOTING”), THE AMENDED PLAN, THE ACCOMPANYING 1145 RIGHTS OFFERING PROCEDURES AND THE INSTRUCTIONS CONTAINED HEREIN. YOU MAY WISH TO SEEK LEGAL ADVICE CONCERNING THE 1145
RIGHTS OFFERING. 
 I acknowledge that by executing this 1145 Rights Exercise Form the undersigned holder will be bound to pay for the
1145 Rights Offering Shares that it has subscribed for pursuant to the instructions that will be set forth in a separate notice and that the undersigned holder may be liable to the Debtors to the extent of any nonpayment. 

Date:
                        , 2013 

 

	
	 Name of 1145 Eligible

	
Participant:                      
                                         
                     

	 (Print or Type)

	
	 Social Security or Federal Tax I.D.
No.:                                      

	
                      
                              (Optional)

	
	
Signature:                      
                                         
                         

  
 -3-

 
	
	
	
Name of Person Signing:                 
                                      

	
                      
              (If other than as given above)

	
	 Title (if corporation, partnership or
LLC):                       

	
	 Street
Address:                                       
                                  

	
	 City, State, Zip
Code:                                        
                     

	
	 Telephone Number:
                                         
                      

	
	 Email:
                                         
                                         
      

 PLEASE NOTE: NO EXERCISE OF 1145 RIGHTS WILL BE VALID UNLESS A PROPERLY COMPLETED AND SIGNED 1145 RIGHTS
EXERCISE FORM, TOGETHER WITH YOUR FULL PAYMENT FOR THE EXERCISE OF SUCH RIGHTS, IS RECEIVED BY THE SUBSCRIPTION AGENT ON OR BEFORE 5:00 P.M. EASTERN TIME, ON THE 1145 RIGHTS OFFERING EXPIRATION DATE. 

The 1145 Rights Offering Shares will be registered only in the name of the 1145 Eligible Participant. Please indicate on the lines provided below the
1145 Eligible Participant’s name and address as you would like it to be reflected in the transfer agent’s records for registration of the 1145 Rights Offering Shares. 

 

	
	
	
Registration Line 1:                   
                                         
    

	
	 Registration Line
2:                                        
                        

	 (if needed)

	
	 Address
1:                                        
                                         

	
	 Address
2:                                        
                                         

	
	 Address
3:                                        
                                         

	
	 Address
4:                                        
                                         

  
 -4-

					
	UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
 
	 		  	
	  
 In re:
  
 EASTMAN KODAK
COMPANY, et al.,1

 

                       
     Debtors.
	 	)
 )
 )
 )
 )
 )
 )
	  	  
 Chapter 11

 
 Case No. 12-10202 (ALG)

 
 (Jointly Administered)

 MASTER 1145 RIGHTS EXERCISE FORM IN CONNECTION WITH 

THE FIRST AMENDED JOINT CHAPTER 11 PLAN OF REORGANIZATION 
 OF EASTMAN KODAK COMPANY AND ITS DEBTOR AFFILIATES 
 UNSECURED
NOTES CLAIMS 
 YOUR MASTER 1145 RIGHTS EXERCISE FORM AND PAYMENTS OF THE SUBSCRIPTION PURCHASE PRICE MUST BE RECEIVED BY THE
SUBSCRIPTION AGENT, BY 5:00 P.M., EASTERN TIME, ON AUGUST 9, 2013, THE EXPIRATION DATE FOR EXERCISE OF 1145 RIGHTS (THE “1145 RIGHTS OFFERING EXPIRATION DATE”), OR THE ELECTIONS REPRESENTED BY YOUR MASTER 1145 RIGHTS EXERCISE FORM WILL NOT
BE COUNTED. 
 Each 1145 Right and 1145 Rights Offering Share is being distributed and issued by the Debtors without registration under
the Securities Act, in reliance upon the exemption provided in section 1145 of the Bankruptcy Code. 
 None of the 1145 Rights
distributed in connection with these 1145 Rights Offering Procedures have been or will be registered under the Securities Act, nor any State or local law requiring registration for offer or sale of a security, and no 1145 Rights may be sold or
transferred. 
 None of the 1145 Rights Offering Shares have been or will be registered under the Securities Act, nor any State or local
law requiring registration for offer or sale of a security. 
 The 1145 Rights Offering is being conducted in good faith and in
compliance with the Bankruptcy Code. In accordance with section 1125(e) of the Bankruptcy Code, a debtor or any of its agents that participates, in good faith and in compliance with the applicable provisions of the Bankruptcy Code, in the offer,
issuance, sale, or purchase of a security, 
  

	1 	The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, are: Eastman Kodak Company (7150);
Creo Manufacturing America LLC (4412); Eastman Kodak International Capital Company, Inc. (2341); Far East Development Ltd. (2300); FPC Inc. (9183); Kodak (Near East), Inc. (7936); Kodak Americas, Ltd. (6256); Kodak Aviation Leasing LLC (5224); Kodak
Imaging Network, Inc. (4107); Kodak Philippines, Ltd. (7862); Kodak Portuguesa Limited (9171); Kodak Realty, Inc. (2045); Laser-Pacific Media Corporation (4617); NPEC Inc. (5677); Pakon, Inc. (3462); and Qualex Inc. (6019). The location of the
Debtors’ corporate headquarters is: 343 State Street, Rochester, NY 14650. 

 
offered or sold under the plan, of the debtor, of an affiliate participating in a joint plan with the debtor, or of a newly organized successor to the debtor under the plan, is not liable, on
account of such participation, for violation of any applicable law, rule, or regulation governing the offer, issuance, sale, or purchase of securities. 
 To Nominees, Banks or Brokers: 
 On June [•], 2013, Eastman Kodak
Company (“Kodak”), together with its affiliated debtors and debtors in possession (collectively, the “Debtors”), filed the First Amended Joint Chapter 11 Plan of Reorganization of
Eastman Kodak Company and its Debtor Affiliates (as may be amended from time to time, the “Amended Plan”) and the accompanying First Amended Disclosure Statement for Debtors’ First Amended Joint Plan of
Reorganization Under Chapter 11 of the Bankruptcy Code (as may be amended from time to time, the “Amended Disclosure Statement”).  
 Pursuant to the Amended Plan, certain 1145 Eligible Participants are entitled to participate in the 1145 Rights Offering to the extent of such 1145 Eligible Participants’ 1145 Eligible Claims (as
defined in the accompanying 1145 Rights Offering Procedures). 
 The Unsecured Notes consist of the unsecured notes and
debentures issued by any Debtor, including (a) the 7.00% Convertible Senior Notes due 2017, (b) the 7.25% Senior Notes due 2013, (c) the 9.20% Debentures due 2021 and (d) the 9.95% Debentures due 2018, as applicable, issued by
Kodak pursuant to the Unsecured Notes Indentures. 
 You have received this Master 1145 Rights Exercise Form because you are a
bank, broker or other nominee (each of the foregoing, a “Nominee”) for an 1145 Eligible Participant holding an Unsecured Notes Claim. Please utilize this Master 1145 Rights Exercise Form to execute the 1145 Eligible
Participant’s 1145 Rights. You are required to deliver an 1145 Rights Exercise Form to the 1145 Eligible Participant holding an Unsecured Notes Claim, and to take any action required to enable the 1145 Eligible Participant to timely elect to
participate in the 1145 Rights Offering. To elect to participate in the 1145 Rights Offering, you must complete and deliver this Master 1145 Rights Exercise Form and a copy of the 1145 Rights Exercise Form executed by each 1145 Eligible Participant
listed under Item 2 below, together with remittance of full payment for the 1145 Rights exercised by the 1145 Eligible Participants, to the Subscription Agent on or before the 1145 Rights Offering Expiration Date. 

Before you transmit such elections, please carefully review the Amended Disclosure Statement, the Amended Plan and the 1145 Rights
Offering Procedures. You may obtain copies of the Amended Disclosure Statement, the Amended Plan and the 1145 Rights Offering Procedures by contacting the Debtors’ subscription agent (the “Subscription Agent”), Kurtzman Carson
Consultants, at (877) 833-4150. 
 THIS MASTER 1145 RIGHTS EXERCISE FORM RELATES ONLY TO YOUR CUSTOMERS’ RIGHT TO
ELECTIONS FOR THE 1145 RIGHTS OFFERING ON ACCOUNT OF THE UNSECURED NOTES YOU HOLD FOR THEIR ACCOUNTS. 
 NOTHING CONTAINED HEREIN OR IN
THE ENCLOSED DOCUMENTS SHALL RENDER YOU OR ANY OTHER PERSON AN AGENT OF ANY OF THE DEBTORS OR THE SUBSCRIPTION AGENT, OR AUTHORIZE YOU OR ANY OTHER PERSON TO USE ANY DOCUMENT OR MAKE ANY STATEMENTS ON BEHALF OF ANY OF THEM WITH RESPECT TO THE
AMENDED PLAN. 

  
 -2-

 IMPORTANT 
 PLEASE READ AND FOLLOW THE ATTACHED INSTRUCTIONS CAREFULLY. COMPLETE, SIGN, DATE AND DELIVER THIS MASTER 1145 RIGHTS EXERCISE FORM, ALONG WITH PHOTOCOPIES OF ALL COMPLETED BENEFICIAL HOLDER 1145 RIGHTS
EXERCISE FORMS, TO THE SUBSCRIPTION AGENT ON OR BEFORE THE 1145 RIGHTS OFFERING EXPIRATION DATE. PLEASE DO NOT FAX THIS MASTER 1145 RIGHTS EXERCISE FORM. 
 DELIVERY OF THIS MASTER 1145 RIGHTS EXERCISE FORM OTHER THAN AS SET FORTH ABOVE WILL NOT CONSTITUTE A VALID DELIVERY. IF THIS MASTER 1145 RIGHTS EXERCISE FORM IS NOT COMPLETED, SIGNED, AND RECEIVED ON
OR BEFORE THE 1145 RIGHTS OFFERING EXPIRATION DATE, THE ELECTIONS TRANSMITTED BY THIS MASTER 1145 RIGHTS EXERCISE FORM WILL NOT BE COUNTED. 

Before electing to participate in the 1145 Rights Offering, you should instruct the beneficial owners of Unsecured Notes for whom you act as nominee
to review the Amended Disclosure Statement (including the risk factors described in the section entitled “Additional Factors to be Considered Prior to Voting”), the Amended Plan, the accompanying 1145 Rights Offering Procedures and the
instructions contained herein. 
 You or the beneficial owners of the Unsecured Notes for whom you are the nominee may wish to seek legal
advice concerning the 1145 Rights Offering. 
 Please refer to Section [•] of the Amended Disclosure Statement and Article 5.8 of
the Amended Plan for information regarding the issuance of New Common Stock pursuant to the Amended Plan, including applicable transfer restrictions. For further information on how to participate in the 1145 Rights Offering, please see the
accompanying 1145 Rights Offering Procedures. 
 Unless otherwise defined herein, capitalized terms used by not defined herein shall have
the meanings ascribed to them in the Amended Plan. 
 Item 1. Certification Of Authority To Elect. The undersigned certifies
that as of June 13, 2013 (the “Holding Record Date”), the undersigned (please check applicable box): 
  ̈  Is a bank, broker, or other Nominee for the 1145 Eligible Participants of the aggregate amount of the Unsecured Notes listed in Item 2
below, and is the registered or record holder of the Unsecured Notes, or 

 ̈  Is acting under a power of attorney and agency (a copy of which will be
provided upon request) granted by a bank, broker, or other Nominee that is the registered or record holder of the aggregate amount of the Unsecured Notes listed in Item 2 below, or 

 ̈  Has been granted a proxy (an original of which is annexed hereto) from a
bank, broker, or other Nominee, or an 1145 Eligible Participant, that is the registered or record holder of the aggregate amount of the Unsecured Notes listed in Item 2 below, and accordingly, has full power and to participate in the 1145
Rights Offering on behalf of the 1145 Eligible Participants of the Unsecured Notes Claims described in Item 2. 
 Item 2.
Participation in 1145 Rights Offering: 
 1145 Eligible Participants are eligible to elect to participate in the 1145 Rights
Offering if: 
 (i) the undersigned as Nominee for the 1145 Eligible Participants, as indicated in the table below, has received
a 1145 Rights Exercise Form from the 1145 Eligible Participant (a copy of each form should accompany this Master 1145 Rights Exercise Form), and 

  
 -3-

 (ii) the undersigned as Nominee for the 1145 Eligible Participants, as indicated in the
table below, agrees to send a wire transfer so that it is received by the Subscription Agent prior to the 1145 Rights Offering Expiration Date (or such later date as may be specified pursuant to the 1145 Rights Offering Procedures) pursuant to the
instructions set forth in the 1145 Rights Offering Procedures, and that the undersigned will be liable to the Debtors to the extent of any nonpayment. 
 The undersigned certifies that as of the Holding Record Date, the following beneficial owners of the Unsecured Notes, as identified by their respective customer account numbers, were beneficial owners of
the Unsecured Notes in the following principal amount (upon stated maturity) (insert amount in the boxes below) that wish to make the following elections with regard to the 1145 Rights Offering. For purposes of this Master 1145 Rights Exercise Form,
do not adjust the principal amount for any accrued or unmatured interest or any accretion factor. 

  
 -4-

											
	 Customer Name

or Account
 Number for

Beneficial Owner
	  	Principal
Amount
Held as of
the
Holding
Record
Date	  	X [Factor]2
=	  	Number of
1145 Available
Shares (Round
down to nearest
whole
number)	  	Number of
1145 Available
Shares
Beneficial
Owner Elects
to Purchase	  	Total
Subscription
Purchase
Price
	 1.
	  		  		  		  	
	 2.
	  		  		  		  	
	 3.
	  		  		  		  	
	 4.
	  		  		  		  	
	 5.
	  		  		  		  	
	 6.
	  		  		  		  	
	 7.
	  		  		  		  	
	 8.
	  		  		  		  	
	 9.
	  		  		  		  	
	 10.
	  		  		  		  	
	 TOTALS
	  		  		  		  	

 IF YOU ARE ACTING AS A NOMINEE FOR MORE THAN TEN BENEFICIAL OWNERS OF UNSECURED NOTES, PLEASE ATTACH ADDITIONAL SHEETS,
AS NECESSARY. 
  
  

	2 	Amount calculated by dividing six million shares of New Common Stock by the estimated total valid amount of Claims represented by General Unsecured Claims and the
Retiree Settlement Unsecured Claim, which amount has been determined in consultation with the Requisite Backstop Parties and Creditors’ Committee in order to ensure compliance with section 1145 of the Bankruptcy Code. 

  
 -5-

 Item 3. Certification. By signing this Master 1145 Rights Exercise Form, the undersigned
certifies that (i) each beneficial owner of Unsecured Notes listed in Item 2, above, has been provided with a copy of the 1145 Rights Offering Procedures, the Amended Disclosure Statement and the Amended Plan, (ii) each account listed
in Item 2 owns at least $10,000 principal amount on Unsecured Notes and no aggregation of accounts has occurred to meet the minimum threshold and (iii) it understands that the right to elections for the 1145 Rights Offering is subject to
all the terms and conditions set forth in the 1145 Rights Offering Procedures, the Amended Disclosure Statement and the Amended Plan. 
  

			
		 	 Name of Broker, Bank or other Nominee:

		
		 	
                        
                                         
                                         
                                         
             

		 	 (Print or Type)

		
		 	
Participant Number:                    
                                         
                                         
                  

		
		 	 Name of Proxy Holder or Agent for Broker,

Bank or Other Nominee (if applicable):

		
		 	 (Print or Type)’

		 	
Social Security or Federal Tax I.D. No.:            
                                         
                              

		 	 (If Applicable)

		
		 	
Signature:                      
                                         
                                         
                                    

		
		 	
Print Name:                     
                                         
                                         
                                 

		
		 	
Title:                       
                                         
                                         
                                         
   

		 	 (If Appropriate)

		
		 	 Facsimile Number:

		
		 	 Email Address:

		
		 	
Street Address:                    
                                         
                                         
                            

		
		 	
City, State, Zip Code:                  
                                         
                                         
                  

		
		 	
Telephone Number: (            )      
                                         
                                         
              

		
		 	
Date Completed:                    
                                         
                                         
                         

  
 -6-

 THIS MASTER 1145 RIGHTS EXERCISE FORM AND PAYMENTS OF THE SUBSCRIPTION PURCHASE PRICE MUST BE RECEIVED BY
THE SUBSCRIPTION AGENT AT THE ADDRESS LISTED BELOW ON OR BEFORE THE 1145 RIGHTS OFFERING EXPIRATION DATE, OR THE 1145 RIGHTS WILL NOT BE EXERCISED HEREBY. 
 Kurtzman Carson Consultants 
 599 Lexington Avenue,
39th Floor 

New York, NY 10022 
 (877) 833-4150 
 NOTE REGARDING PAYMENT 

Payment for the New Common Stock is due by wire transfer prior to the 1145 Rights Offering Expiration Date. An 1145 Eligible
Participant shall be deemed to have relinquished and waived all rights to participate in the 1145 Rights Offering if the Subscription Agent for any reason does not receive from an 1145 Eligible Participant or its Subscription Nominee, on or before
the 1145 Rights Offering Expiration Date, (i) a duly completed 1145 Rights Exercise Form and (ii) payment of the Subscription Purchase Price by or on behalf of such 1145 Eligible Participant. 

 

			
	Account Name:	  	Computershare Inc AAF for KCC Client Funding Eastman Kodak
	Account No.:	  	4426855327
	ABA/Routing No.:	  	026009593
	Bank Name:	  	Bank of America
	Bank Address:	  	New York, New York
	Ref:	  	Funding for Eastman Kodak Rights Offering

  
 -7-

 INSTRUCTIONS FOR COMPLETING THE 

MASTER 1145 RIGHTS EXERCISE FORM 
 1145 RIGHTS OFFERING EXPIRATION DATE & SUBSCRIPTION AGENT: 
 The
expiration date for the exercise of 1145 Rights is 5:00 p.m. (Eastern Time) on August 9, 2013 (the “1145 Rights Offering Expiration Date”). To elect to participate in the 1145 Rights Offering, you must complete, sign, and return
this Master 1145 Rights Exercise Form so that it is received by the Subscription Agent at the following address no later than the 1145 Rights Offering Expiration Date: 
 Kurtzman Carson Consultants 
 599 Lexington Avenue,
39th Floor 

New York, NY 10022 
 (877) 833-4150 
 In order to effect a subscription on behalf of any beneficial owner of
Unsecured Notes, you must take the following steps: 
  

	 	a.	Review and complete the certification in Item 1; 

  

	 	b.	In Item 2 of the accompanying Master 1145 Rights Exercise Form, indicate the principal amount of Unsecured Notes held by beneficial owners of the Unsecured Notes
held by you as a nominee or in a fiduciary capacity and the number of 1145 Rights Offering Shares to be purchased by such beneficial owners pursuant to the 1145 Rights Offering, as transmitted to you by such beneficial owners. To identify such
beneficial owners without disclosing their names, please use the customer account number assigned by you to each such beneficial owner, or if no such customer account number exists, please assign a number to each account (making sure to retain a
separate list of each beneficial owner and the assigned number). Please include information on the principal amount held, the number of 1145 Available Shares for which the account is eligible to subscribe and the number of 1145 Available Shares the
account elects to purchase; 

  

	 	c.	If additional space is required to respond to Item 2 on the Master 1145 Rights Exercise Form, please provide the requested information on additional pages;

  

	 	d.	Review the certification in Item 3 of the Master 1145 Rights Exercise Form; 

 

	 	e.	In Item 3, sign and date the Master 1145 Rights Exercise Form, and provide the information requested; 

 

	 	f.	Contact the Subscription Agent to arrange for delivery of the completed Master 1145 Rights Exercise Form to its offices; 

 

	 	g.	Deliver the completed, executed Master 1145 Rights Exercise Form, along with photocopies of all completed beneficial holder 1145 Rights Exercise Forms, so as to be
received by the Subscription Agent before the 1145 Rights Offering Expiration Date; and 

	 	h.	Deliver the Subscription Purchase Price paid by each beneficial owner of the Unsecured Notes, as indicated on Item 2 of the Master 1145 Rights Exercise Form, so as
to be received by the Subscription Agent on or before the 1145 Rights Offering Expiration Date. If, for any reason, the Subscription Agent does not receive both a duly-completed 1145 Rights Exercise Form and payment of the Subscription
Purchase Price on or before the 1145 Rights Offering Expiration Date from or on behalf of an 1145 Eligible Participant, such 1145 Eligible Participant shall be deemed to have relinquished and waived its right to participate in the 1145 Rights
Offering. 

 PLEASE NOTE: 
 No 1145 Rights Exercise Form or Master 1145 Rights Exercise Form shall constitute or be deemed to be a proof of Claim or equity interest or an assertion of a Claim or equity interest. 

No fees, commissions, or other remuneration will be payable to any broker, bank, dealer, nominee, or other person for soliciting
elections to participate in the 1145 Rights Offering. The Debtors will, however, upon request, reimburse you for customary mailing and handling expenses incurred by you in forwarding the 1145 Rights Exercise Form and other enclosed materials to the
beneficial owners of the Unsecured Notes held by you as a nominee or in a fiduciary capacity. 
 Please refer to Section
[•] of the Amended Disclosure Statement and Article 5.8 of the Amended Plan for information regarding the issuance of New Common Stock pursuant to the Amended Plan, including applicable transfer restrictions. For further information on how
to participate in the 1145 Rights Offering, please see the accompanying 1145 Rights Offering Procedures. 
 IF YOU HAVE ANY QUESTIONS
REGARDING THIS MASTER 1145 RIGHTS EXERCISE FORM OR THE 1145 RIGHTS OFFERING PROCEDURES, OR IF YOU NEED ADDITIONAL COPIES OF THE MASTER 1145 RIGHTS EXERCISE FORM, 1145 RIGHTS EXERCISE FORM, THE AMENDED PLAN, AMENDED DISCLOSURE STATEMENT, 1145 RIGHTS
OFFERING PROCEDURES, OR OTHER RELATED MATERIALS, PLEASE CALL THE SUBSCRIPTION AGENT, KURTZMAN CARSON CONSULTANTS, AT (877) 833-4150. 

  
 -2-

 Exhibit B 
 Form of 4(2) Rights Offering Procedures 

 UNITED STATES BANKRUPTCY COURT 

SOUTHERN DISTRICT OF NEW YORK 
  

					
	  
 In re:
  
 EASTMAN KODAK
COMPANY, et al.,1

 
 Debtors.
	 	 )
 )

)
 )

)
 )

)
	  	  
 Chapter 11

 
 Case No. 12-10202 (ALG)

 
 (Jointly Administered)

 Whereas, on June [•], 2013, Eastman Kodak Company (“Kodak”) and its
affiliated debtors and debtors in possession (collectively, the “Debtors”) filed the First Amended Joint Chapter 11 Plan of Reorganization of Eastman Kodak Company and its Debtor Affiliates (as may be amended,
modified or supplemented from time to time, the “Amended Plan”) and the First Amended Disclosure Statement for Debtors’ First Amended Joint Plan of Reorganization Under Chapter 11 of the Bankruptcy Code (as
may be amended, modified or supplemented from time to time, the “Amended Disclosure Statement”);2 
 Whereas, on June [•], 2013, the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”) entered an order (the
“Rights Offerings Procedures Order”) approving, among other things, these procedures (these “4(2) Rights Offering Procedures”) for the conduct of, and participation in, a rights offering
contemplated by, and to be implemented by the Debtors pursuant to, the Amended Plan (the “4(2) Rights Offering”, and together with the 1145 Rights Offering to be conducted pursuant to the Amended Plan, the
“Rights Offerings”);3 and

 Whereas, the Debtors and the Backstop Parties have entered into a backstop commitment agreement (the “Backstop
Commitment Agreement”), dated as of June [•], 2013, pursuant to which the Backstop Parties have agreed, subject to the terms and conditions therein, to purchase any 4(2) Rights Offering Unsubscribed Shares (as defined
below). 
 The Debtors have designated Kurtzman Carson Consultants LLC as the subscription agent for the 4(2) Rights Offering
(the “Subscription Agent”). All questions relating to these procedures, other documents associated with the 4(2) Rights Offering or the requirements for participating in the 4(2) Rights Offering should be directed to
the Subscription Agent at: 
  

	1 	The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, are: Eastman Kodak Company (7150);
Creo Manufacturing America LLC (4412); Eastman Kodak International Capital Company, Inc. (2341); Far East Development Ltd. (2300); FPC Inc. (9183); Kodak (Near East), Inc. (7936); Kodak Americas, Ltd. (6256); Kodak Aviation Leasing LLC (5224); Kodak
Imaging Network, Inc. (4107); Kodak Philippines, Ltd. (7862); Kodak Portuguesa Limited (9171); Kodak Realty, Inc. (2045); Laser-Pacific Media Corporation (4617); NPEC Inc. (5677); Pakon, Inc. (3462); and Qualex Inc. (6019). The location of the
Debtors’ corporate headquarters is: 343 State Street, Rochester, NY 14650. 

	2 	Capitalized terms used but not otherwise defined herein shall have the meanings set forth in the Amended Plan. 

	3 	Parties eligible to participate in the 1145 Rights Offering will receive separate procedures for participation therein. 

 Kurtzman Carson Consultants 

599 Lexington Avenue, 39th Floor 
 New York, NY 10022 
 (877) 833-4150 

These 4(2) Rights Offering Procedures have been approved by the Bankruptcy Court pursuant to the Rights Offerings Procedures Order. 

The 4(2) Rights Offering, the distribution of each 4(2) Right and the issuance of each 4(2) Rights Offering Share are being conducted under the
Amended Plan. 
 Each 4(2) Right and 4(2) Rights Offering Share is being distributed and issued by the Debtors without registration under
the Securities Act, in reliance upon the exemption provided in section 4(2) thereof. 
 None of the 4(2) Rights distributed in connection
with these 4(2) Rights Offering Procedures have been or will be registered under the Securities Act, nor any State or local law requiring registration for offer or sale of a security, and no 4(2) Rights may be sold or transferred. 

None of the 4(2) Rights Offering Shares have been registered or (except with respect to the Backstop Parties) will be registered under the Securities
Act, nor any State or local law requiring registration for offer or sale of a security, and (except with respect to the Backstop Parties) no 4(2) Rights Offering Shares may be sold or transferred except pursuant to the exemption from registration
under the Securities Act provided by Rule 144 thereunder, when available. 
 Except with respect to the Backstop Parties, each 4(2)
Rights Offering Share issued upon exercise of a 4(2) Right, and each certificate issued in exchange for or upon the transfer, sale or assignment of any such 4(2) Rights Offering Share, shall be stamped or otherwise imprinted with a legend in
substantially the following form: 
 “THE SECURITIES REPRESENTED BY THIS CERTIFICATE WERE ORIGINALLY ISSUED ON [ISSUANCE DATE], AND
HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR ANY OTHER APPLICABLE STATE SECURITIES LAWS, AND MAY NOT BE SOLD OR TRANSFERRED EXCEPT PURSUANT TO THE EXEMPTION FROM
REGISTRATION UNDER THE ACT PROVIDED BY RULE 144 THEREUNDER, WHEN AVAILABLE.” 
 The 4(2) Rights Offering is being conducted in good
faith and in compliance with the Bankruptcy Code. In accordance with section 1125(e) of the Bankruptcy Code, a debtor or any of its agents that participates, in good faith and in compliance with the applicable provisions of the Bankruptcy Code, in
the offer, issuance, sale, or purchase of a security, offered or sold under the plan, of the debtor, of an affiliate participating in a joint plan with the debtor, or of a newly organized successor to the debtor under the plan, is not liable, on
account of such participation, for violation of any applicable law, rule, or regulation governing the offer, issuance, sale, or purchase of securities. 

  
 -2-

 Please refer to Section [•] of the Amended Disclosure Statement and Article 5.8 of the Amended Plan
for information regarding the issuance of New Common Stock pursuant to the Amended Plan, including applicable transfer restrictions. For a copy of the Amended Disclosure Statement or the Amended Plan, please contact the Subscription Agent or see the
Debtors’ restructuring website at (http://www.kccllc.net/kodak). 
 1. Overview of the 4(2) Rights Offering

 Rights (the “4(2) Rights”) to purchase shares of New Common Stock in the 4(2) Rights
Offering (the “4(2) Rights Offering Shares”) at a price per share equal to $11.94 (the “Per Share Price”) are being distributed to the 4(2) Eligible Participants (as defined below) as pre-confirmation
distributions under the Amended Plan and in conjunction with the Debtors’ solicitation of votes to accept or reject the Amended Plan. 
 The aggregate number of 4(2) Rights Offering Shares (the “Aggregate 4(2) Share Amount”) will be determined based on the results of the 1145 Rights Offering, and shall be
equal to the difference between (i) 34,000,000, minus (ii) the number of shares of New Common Stock duly purchased in the 1145 Rights Offering. 
 Each 4(2) Eligible Participant has the right, but not the obligation, to purchase all or a portion of its 4(2) Primary Shares (as defined below), subject to the 4(2) Reallocation (as defined below).

 In addition, in accordance with the Overallotment Procedures (as defined below), (x) each Backstop Party that duly
subscribes and pays for all of its 4(2) Primary Shares has the right, but not the obligation, to duly subscribe for Backstop Party Overallotment Shares (as defined below) and (y) each 4(2) Eligible Participant that duly subscribes and pays for
all of its 4(2) Primary Shares also has the right, but not the obligation, to subscribe for 4(2) Overallotment Shares (as defined below). 

Eligible Participants 
 Only 4(2) Eligible Participants may participate in the 4(2) Rights Offering. 
 A
Holder of General Unsecured Claims and/or Retiree Settlement Unsecured Claims (other than the Backstop Parties) that does not duly complete, execute and timely deliver a 4(2) Certification Form to the Subscription Agent on or before the 4(2)
Certification Date cannot participate in the 4(2) Rights Offering. 
 A “4(2) Eligible
Participant” means a Person that (a)(x) is a Backstop Party or (y) duly completes, executes and timely delivers the 4(2) Certification Form to the Subscription Agent on or before the 4(2) Certification Date and (b) is the
beneficial owner of a 4(2) Eligible Claim on the Effective Date. 

  
 -3-

 The “4(2) Certification Date” means July 19, 2013
at 5:00 p.m. (Eastern Time), or such later date as the Debtors may determine in consultation with the Creditors’ Committee and the Requisite Backstop Parties. 
 The “4(2) Certification Form” means a certification form executed by a Person confirming that such Person (a) is either a “qualified institutional
buyer” or an “accredited investor” within the meaning of Rule 144A or Rule 501(a) of the Securities Act of 1933 (as amended from time to time, the “Securities Act”), respectively, and (b) as of
April 30, 2013 and on the 4(2) Certification Date, beneficially owned General Unsecured Claims and/or Retiree Settlement Unsecured Claims in an aggregate face amount not less than (x) in the case of a “qualified institutional
buyer”, $100,000 or (y) in the case of an “accredited investor”, $500,000. 
 The 4(2) Rights Exercise Form

 In order to exercise 4(2) Rights, a 4(2) Eligible Participant must duly complete and timely deliver the
enclosed rights exercise form (the “4(2) Rights Exercise Form”), along with its Subscription Purchase Price (as defined below) in accordance with these 4(2) Rights Offering Procedures.  

The 4(2) Rights Exercise Form indicates the Per Share Price payable in connection with the exercise of the 4(2) Rights. 

Determination of a 4(2) Eligible Participant’s 4(2) Primary Shares 

Prior to the implementation of the Overallotment Procedures, if applicable, each 4(2) Eligible Participant shall be entitled to subscribe
for that number of 4(2) Rights Offering Shares equal to the product (rounded down to the nearest whole share) of (a) the resulting quotient of (x) the aggregate amount of 4(2) Eligible Claims beneficially owned by such 4(2) Eligible
Participant divided by (y) $1.82
billion,4 multiplied by (b) the
Aggregate 4(2) Share Amount (such number of shares, the “4(2) Primary Shares”). 
 A
“4(2) Eligible Claim” means (a) a Retiree Settlement Unsecured Claim, (b) an Unsecured Notes Claim equal to or greater tha $10,000 in principal amount or (c) any other General Unsecured Claim in an
amount, determined as of July 26, 2013 (or such later date as the Debtors may determine in consultation with the Creditors’ Committee and the Requisite Backstop Parties, the “4(2) Claim Determination Date”),
(x) equal to the amount on account of which such Claim is eligible to vote to accept or reject the Amended Plan (as determined in accordance with the Solicitation Procedures Order) or (y) in such other amount as the Debtors, the
Creditors’ Committee and the Requisite Backstop Parties may collectively agree. 
 Overallotment Procedures

 If any 4(2) Rights Offering Shares remain available for subscription after giving effect to duly subscribed for
and purchased 4(2) Primary Shares (such number of remaining shares, the “Initial Overallotment Shares”), the Subscription Agent shall employ the overallotment procedures described below (the “Overallotment
Procedures”). 
  
  

	4 	This amount represents the Debtors’ good faith estimate, as reasonably consented to by the Creditors’ Committee and the Requisite Backstop Parties, of the
amount of 4(2) Eligible Claims held by 4(2) Eligible Holders (as determined without regard to whether a Person has duly completed and submitted a 4(2) Certification Form). 

  
 -4-

 First, the Backstop Parties that have duly subscribed for and purchased 100 percent
of their respective 4(2) Primary Shares shall have the right to purchase, in addition to such Backstop Parties’ 4(2) Primary Shares, 10,000,000 Initial Overallotment Shares, which shall be allocated among such Backstop Parties based upon their
(and, without duplication, their affiliates’) respective Backstop Commitment Percentages (as defined in the Backstop Commitment Agreement) or in any other manner as such Backstop Parties shall reasonably agree (such Shares, the
“Backstop Party Overallotment Shares”); provided, however, that if the number of Initial Overallotment Shares is less than 10,000,000, the number of 4(2) Primary Shares duly subscribed for and purchased
by each 4(2) Eligible Participant shall be reduced on a pro rata basis such that the number of Initial Overallotment Shares equals 10,000,000 (the “4(2) Reallocation”). 

Second, if any 4(2) Rights Offering Shares remain available for subscription after giving effect to the aggregate number of duly
subscribed for and purchased 4(2) Primary Shares and Backstop Party Overallotment Shares (such number of remaining shares, the “4(2) Remaining Overallotment Shares”), each 4(2) Eligible Participant that has duly
subscribed for and purchased 100 percent of its 4(2) Primary Shares (each, a “4(2) Eligible Overallotment Participant”) also may elect to subscribe for and purchase that number of 4(2) Remaining Overallotment Shares
equal to the product (rounded down to the nearest whole share) of (a) the resulting quotient of (x) the aggregate amount of 4(2) Eligible Claims beneficially owned by such 4(2) Eligible Overallotment Participant divided by
(y) $1.82 billion,5 multiplied by
(b) the aggregate number of 4(2) Remaining Overallotment Shares (such number of shares being the “4(2) Overallotment Shares”; and any remaining unsubscribed and unpaid for shares being the “4(2)
Rights Offering Unsubscribed Shares”). 
 Notwithstanding any contrary provision in the Amended Plan, these 4(2)
Rights Offering Procedures or the Backstop Commitment Agreement, the Debtors shall not be required to accept the exercise of 4(2) Rights to purchase any Backstop Party Overallotment Shares or 4(2) Overallotment Shares if the Debtors have requested,
but not received, reasonable assurances that such exercise will not result in any Person becoming the “beneficial owner”, for purposes of Rule 13d-3 under the Securities Exchange Act (as amended from time to time) of 50 percent or more of
the issued and outstanding New Common Stock on the Effective Date after giving effect to the Amended Plan. 
 Restrictions on Transfer of
4(2) Rights and 4(2) Eligible Claims 
 THE 4(2) RIGHTS ARE NOT TRANSFERABLE OR DETACHABLE FROM 4(2) ELIGIBLE CLAIMS.

  
  

	5 	This amount represents the Debtors’ good faith estimate, as reasonably consented to by the Creditors’ Committee and the Requisite Backstop Parties, of the
amount of 4(2) Eligible Claims held by 4(2) Eligible Holders (as determined without regard to whether a Person has duly completed and submitted a 4(2) Certification Form). 

  
 -5-

 IF ANY PORTION OF A 4(2) ELIGIBLE CLAIM IS OR HAS BEEN TRANSFERRED AFTER THE 4(2)
CERTIFICATION DATE, THE CORRESPONDING 4(2) RIGHTS WILL BE CANCELLED, AND NEITHER THE TRANSFEROR NOR THE TRANSFEREE OF SUCH 4(2) ELIGIBLE CLAIM WILL RECEIVE 4(2) RIGHTS OFFERING SHARES IN CONNECTION WITH SUCH TRANSFERRED 4(2) ELIGIBLE CLAIM.

 No Fractional Shares 
 No fractional shares of New Common Stock will be issued. 
 All 4(2) Rights
Offering Shares issued in the 4(2) Rights Offering will be rounded down to the nearest whole share. 
 No compensation shall be
paid in respect of such adjustment. 
 2. Duration of the 4(2) Rights Offering 

The 4(2) Rights Offering will commence on the day upon which the 4(2) Rights Exercise Form is first mailed or made available to
4(2) Eligible Participants (the “4(2) Rights Offering Commencement Date”), which the Debtors estimate to be no later than July 23, 2013.  

The 4(2) Rights Offering will expire at 5:00 p.m. (Eastern Time) on August 9, 2013, (the “4(2) Rights Offering
Expiration Date”).  
 Each 4(2) Eligible Participant intending to participate in the 4(2) Rights
Offering must affirmatively make a binding election to exercise its 4(2) Rights on or prior to the 4(2) Rights Offering Expiration Date, and submit payment by wire transfer of immediately available funds for all duly subscribed for 4(2) Rights
Offering Shares, including any Backstop Party Overallotment Shares and 4(2) Overallotment Shares, so that such payment is actually received by the Subscription Agent on or prior to the 4(2) Rights Offering Expiration Date. 

To facilitate the exercise of the 4(2) Rights, the Debtors will mail or cause to be mailed the 4(2) Rights Exercise Form (i) on the
4(2) Rights Offering Commencement Date, to each 4(2) Eligible Participant or (ii) within three Business Days of the 4(2) Claim Determination Date, to each 4(2) Eligible Participant whose 4(2) Eligible Claim increases prior to the 4(2) Claim
Determination Date, together with a copy of these 4(2) Rights Offering Procedures and a set of instructions for the proper completion, due execution and timely delivery of the 4(2) Rights Exercise Form and payment of the Subscription Purchase Price
to the Subscription Agent. 
 3. 4(2) Rights Offering Unsubscribed Shares 

The Backstop Parties have agreed to purchase all 4(2) Rights Offering Unsubscribed Shares pursuant to and in accordance with the Backstop
Commitment Agreement. 

  
 -6-

 4. Exercise of 4(2) Rights 

In order to participate in the 4(2) Rights Offering, each 4(2) Eligible Participant must affirmatively make a binding election to exercise
all or a portion of its 4(2) Rights on or prior to the 4(2) Rights Offering Expiration Date. The exercise of the 4(2) Rights shall be irrevocable unless the 4(2) Rights Offering is not consummated by November 4, 2013. 

Each 4(2) Eligible Participant (other than the Backstop Parties) is entitled to participate in the 4(2) Rights Offering solely to the
extent of its 4(2) Eligible Claims. 
 In order to exercise 4(2) Rights, each 4(2) Eligible Participant must submit a
4(2) Rights Exercise Form indicating the whole number of 4(2) Primary Shares and, if applicable, Backstop Party Overallotment Shares and 4(2) Overallotment Shares, that such 4(2) Eligible Participant elects to purchase, along with payment by wire
transfer of immediately available funds of a “Subscription Purchase Price” equal to the product of (a) the number of 4(2) Rights Offering Shares such 4(2) Eligible Participant elects to purchase multiplied by
(b) the Per Share Price, so that the 4(2) Rights Exercise Form and the payment of the Subscription Purchase Price are actually received by the Subscription Agent on or before the 4(2) Rights Offering Expiration Date in accordance with these
4(2) Rights Offering Procedures. 
 To the extent a 4(2) Eligible Participant duly elects to purchase more
than its number of 4(2) Primary Shares, such 4(2) Eligible Participant will be deemed to have elected to purchase all of its 4(2) Primary Shares and an additional number of Backstop Party Overallotment Shares and/or 4(2) Overallotment Shares, as
applicable, equal to the difference between (a) the number of 4(2) Rights Offering Shares duly subscribed by such 4(2) Eligible Participant minus (b) such 4(2) Eligible Participant’s number of 4(2) Primary Shares.

 Any difference between the Subscription Purchase Price actually paid by any 4(2) Eligible Participant and the amount
duly payable by such 4(2) Eligible Participant to purchase 4(2) Rights Offering Shares shall be refunded to such 4(2) Eligible Participant, without interest, as soon as reasonably practicable after refund amounts are determined by the Subscription
Agent, provided that the Subscription Agent shall use commercially reasonable efforts to refund such amounts no later than ten (10) Business Days after the 4(2) Rights Offering Expiration Date. 

Deemed Representations and Acknowledgements 
 Any Person exercising any 4(2) Rights is deemed to have made the following representations and acknowledgements: such Person 
 (i) is a 4(2) Eligible Participant; 
 (ii) recognizes and understands that the 4(2)
Rights are not transferable or detachable from 4(2) Eligible Claims, and may only be exercised by a 4(2) Eligible Participant; 

(iii)` will not accept a distribution of New Common Stock offered pursuant to the 4(2) Rights Offering with respect to a 4(2) Eligible
Claim if, at the time of such distribution, it does not own such 4(2) Eligible Claim; 

  
 -7-

 (iv) by its acceptance of a distribution of New Common Stock with respect to a 4(2) Eligible
Claim, will be deemed to be the owner of such 4(2) Eligible Claim; 
 (v) agrees that if it transfers any portion of its 4(2)
Eligible Claim, the corresponding 4(2) Rights will be cancelled, and neither such 4(2) Eligible Participant nor the transferee of such 4(2) Eligible Claim will receive 4(2) Rights Offering Shares in connection with such transferred 4(2) Eligible
Claim; 
 (vi) acknowledges and agrees that, except with respect to the Backstop Parties, the 4(2) Rights Offering Shares may not
be offered or sold except pursuant to the exemption from registration under the Securities Act provided by Rule 144 thereunder, when available, and that the Debtors expect the Rule 144 exemption will not be available for at least six months after
the Effective Date; 
 (vii) acknowledges that Rule 144 provides for certain restrictions on the sale of securities of an issuer
by “affiliates” of the issuer, as defined therein, including restrictions on the volume of securities sold and the manner of such sale, and the requirement to file notice of certain sales with the Securities and Exchange Commission;

 (viii) acknowledges and agrees that the 4(2) Rights Offering Shares will be in certificated form and shall bear a restrictive
legend, and that the Reorganized Debtors reserve the right to require certification or other evidence of compliance with Rule 144 as a condition to the removal of such legend or any transfer of any such 4(2) Rights Offering Shares; and 

(ix) acknowledges and agrees that the Reorganized Debtors reserve the right to stop any transfer of 4(2) Rights Offering Shares if such
transfer is not in compliance with Rule 144. 
 Failure to Exercise 4(2) Rights 

Unexercised 4(2) Rights will be cancelled on the 4(2) Rights Offering Expiration Date. A 4(2) Eligible Participant shall be deemed
to have relinquished and waived all rights to participate in the 4(2) Rights Offering to the extent the Subscription Agent for any reason does not receive from a 4(2) Eligible Participant, on or before the 4(2) Rights Offering Expiration Date,
(i) a duly completed 4(2) Rights Exercise Form and (ii) immediately available funds by wire transfer for the Subscription Purchase Price with respect to such 4(2) Eligible Participant’s 4(2) Rights. 

Any attempt to exercise any 4(2) Rights after the 4(2) Rights Offering Expiration Date shall be null and void and the Debtors shall not
honor any 4(2) Rights Exercise Form or other documentation received by the Subscription Agent relating to such purported exercise after the 4(2) Rights Offering Expiration Date, regardless of when such 4(2) Rights Exercise Form or other
documentation was sent. 
 The method of delivery of the 4(2) Rights Exercise Form and any other required documents by
each 4(2) Eligible Participant is at such 4(2) Eligible Participant’s option and sole risk, and delivery will be considered made only when such 4(2) Rights Exercise Form and other documentation are actually received by the Subscription Agent.
If delivery is by mail, the use of registered mail with return receipt requested, properly insured, is encouraged and strongly recommended. In all cases, you should allow sufficient time to ensure timely delivery prior to the 4(2) Rights Offering
Expiration Date. 

  
 -8-

 Disputes, Waivers, and Extensions 

Any and all disputes concerning the timeliness, viability, form and eligibility of any exercise of 4(2) Rights shall be addressed in good
faith by the Debtors, in consultation with the Creditors’ Committee. Any determination made by the Debtors with respect to such disputes shall be final and binding. The Debtors, in consultation with the Creditors’ Committee, may
(i) waive any defect or irregularity, or permit such a defect or irregularity to be corrected, within such times as the Debtors may determine in consultation with the Creditors’ Committee to be appropriate, or (ii) reject the
purported exercise of any 4(2) Rights for which the 4(2) Rights Exercise Form, the exercise thereof and/or payment of the Subscription Purchase Price includes defects or irregularities. 

4(2) Rights Exercise Forms shall be deemed not to have been properly completed until all defects and irregularities have been
waived or cured within such time as the Debtors determine in their reasonable discretion and in good faith in consultation with the Creditors’ Committee. The Debtors reserve the right, but are under no obligation, to give notice to any 4(2)
Eligible Participant regarding any defect or irregularity in connection with any purported exercise of 4(2) Rights by such 4(2) Eligible Participant. The Debtors may, but are under no obligation to, permit such defect or irregularity in any 4(2)
Rights Exercise Form to be cured; provided, however, that none of the Debtors (including any of their respective officers, directors, employees, agents or advisors) or the Subscription Agent shall incur any liability for any failure to
give such notification. 
 The Debtors may extend the 4(2) Rights Offering Expiration Date, from time to time, with the
consent of the Creditors’ Committee and the Requisite Backstop Parties (such consent not to be unreasonably withheld, conditioned or delayed). The Debtors shall promptly notify the 4(2) Eligible Participants in writing of such extension and of
the date of the new 4(2) Rights Offering Expiration Date. 
 Funds 

All funds (the “4(2) Rights Offering Funds”) in connection with a 4(2) Eligible Participant’s
exercise of 4(2) Rights pursuant to these 4(2) Rights Offering Procedures shall be deposited when made and held in escrow by the Subscription Agent pending the Effective Date of the Amended Plan in an account or accounts (a) which shall be
separate and apart from the Subscription Agent’s general operating funds and from any other funds subject to any lien or any cash collateral arrangements and (b) which segregated account or accounts will be maintained for the sole purpose
of holding the 4(2) Rights Offering Funds for administration of the 4(2) Rights Offering.  
 The Subscription Agent
shall not use the 4(2) Rights Offering Funds for any purpose other than to release such funds as directed by the Debtors pursuant to the Amended Plan on the Effective Date and shall not encumber or permit the 4(2) Rights Offering Funds to be
encumbered by any lien or similar encumbrance. No interest will be paid to 4(2) Eligible Participants on account of any 4(2) Rights Offering Funds or other amounts paid in connection with their exercise of 4(2) Rights under any circumstances. The
4(2) Rights Offering Funds shall not be property of the Debtors’ estates until the occurrence of the Effective Date. 

  
 -9-

 All exercises of 4(2) Rights are subject to and conditioned upon confirmation of the Amended
Plan and the occurrence of the Effective Date. In the event that the Amended Plan is not confirmed and consummated on or prior to November 4, 2013, all 4(2) Rights Offering Funds held by the Subscription Agent will be refunded, without
interest, to each respective 4(2) Eligible Participant as soon as reasonably practicable. 
 4(2) Eligible Participant Release

 Upon the Effective Date of the Amended Plan, each 4(2) Eligible Participant that elects to exercise 4(2) Rights shall
be deemed, by virtue of such election, to have waived and released, to the fullest extent permitted under applicable law, all rights, claims or causes of action against the Debtors, Reorganized Debtors, the Creditors’ Committee, the Backstop
Parties and the Subscription Agent, and each of their respective affiliates, officers, directors, counsel and advisors, arising out of or related to the 4(2) Rights Offering and the receipt, delivery, disbursements, calculations, transmission or
segregation of cash, 4(2) Rights and 4(2) Rights Offering Shares, except to the extent such rights, claims or causes of action arise from any act of gross negligence or willful or intentional misconduct or fraud. 

5. Exemption From Securities Act Registration 
 Each 4(2) Right and 4(2) Rights Offering Share is being distributed and issued by the Debtors without registration under the Securities Act, in reliance upon the exemption provided in section 4(2) thereof
or Regulation D promulgated thereunder. 
 None of the 4(2) Rights distributed in connection with these 4(2) Rights Offering
Procedures have been or, except with respect to the Backstop Parties, will be registered under the Securities Act, nor any State or local law requiring registration for offer or sale of a security, and no 4(2) Rights may be sold or transferred.

 None of the 4(2) Rights Offering Shares have been registered or (except with respect to the Backstop Parties) will be
registered under the Securities Act, nor any State or local law requiring registration for offer or sale of a security, and, except with respect to the Backstop Parties, no 4(2) Rights Offering Shares may be sold or transferred except pursuant to
the exemption from registration under the Securities Act provided by Rule 144 thereunder, when available. 
 All 4(2) Rights
Offering Shares will be issued in certificated form. Except with respect to the Backstop Parties, each certificate representing or issued in exchange for or upon the transfer, sale or assignment of any 4(2) Rights Offering Share, shall be stamped or
otherwise imprinted with a legend in substantially the following form: 

  
 -10-

 “THE SECURITIES REPRESENTED BY THIS CERTIFICATE WERE ORIGINALLY ISSUED ON [ISSUANCE
DATE], AND HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR ANY OTHER APPLICABLE STATE SECURITIES LAWS, AND MAY NOT BE SOLD OR TRANSFERRED EXCEPT PURSUANT TO THE EXEMPTION
FROM REGISTRATION UNDER THE ACT PROVIDED BY RULE 144 THEREUNDER, WHEN AVAILABLE.” 
 Please refer to Section
[•] of the Amended Disclosure Statement and Article 5.8 of the Amended Plan for a more detailed discussion regarding the issuance of New Common Stock pursuant to the Amended Plan, including applicable transfer restrictions. 

6. Subsequent Adjustments 
 If, prior to the 4(2) Claim Determination Date, the amount of a 4(2) Eligible Participant’s 4(2) Eligible Claim increases, such holder will receive additional 4(2) Rights which may be exercised prior
to the 4(2) Rights Offering Expiration Date, entitling such 4(2) Eligible Participant to purchase additional 4(2) Rights Offering Shares. 
 If more than the total number of 4(2) Rights Offering Shares is duly subscribed for pursuant to these 4(2) Rights Offering Procedures, the number of 4(2) Primary Shares each 4(2) Eligible
Participant may duly subscribe to purchase shall be reduced pro rata such that the total number of shares duly subscribed for equals the Aggregate 4(2) Share Amount.  

Any difference between the Subscription Purchase Price actually paid by any 4(2) Eligible Participant and the amount duly payable by such
4(2) Eligible Participant to purchase 4(2) Rights Offering Shares pursuant to the exercise of 4(2) Rights shall be refunded to such 4(2) Eligible Participant, without interest, as soon as reasonably practicable after refund amounts are determined by
the Subscription Agent, provided that the Subscription Agent shall use commercially reasonable efforts to refund such amounts no later than ten (10) Business Days after the 4(2) Rights Offering Expiration Date. 

7. 4(2) Rights Offering Conditioned Upon Plan Confirmation; Reservation of Rights 

All exercises of 4(2) Rights are subject to and conditioned upon the confirmation of the Amended Plan and the occurrence of the Effective
Date. 
 Notwithstanding anything contained herein, the Amended Disclosure Statement or the Amended Plan to the contrary, the
Debtors, with the consent of the Creditors’ Committee and the Requisite Backstop Parties (such consent not to be unreasonably withheld, conditioned or delayed), reserve the right to adopt additional procedures to more efficiently administer the
4(2) Rights Offering or make such other changes to the 4(2) Rights Offering, including the criteria for eligibility to participate in the 4(2) Rights Offering, as necessary in the Debtors’ or Reorganized Debtors’ business judgment to more
efficiently administer the distribution and exercise of the 4(2) Rights, or to comply with applicable law. 

  
 -11-

 8. Inquiries and Transmittal of Documents; Subscription Agent 

Questions relating to these 4(2) Rights Offering Procedures, the proper completion of the 4(2) Rights Exercise Form or any of the
requirements for exercising 4(2) Rights or otherwise participating in the 4(2) Rights Offering, should be directed to the Subscription Agent at: 
 Kurtzman Carson Consultants 
 599 Lexington Avenue,
39th Floor 

New York, NY 10022 
 (877) 833-4150 
 All documents relating to the 4(2) Rights Offering are
available from the Subscription Agent as set forth herein. In addition, such documents, together with all filings made with the Bankruptcy Court in these chapter 11 cases, are available free of charge from the Debtors’ restructuring website
(http://www.kccllc.net/kodak). 
 Before electing to participate in the 4(2) Rights Offering, all 4(2) Eligible Participants should review
the Amended Disclosure Statement (including the risk factors described in the section entitled “Additional Factors to be Considered Prior to Voting” and the section entitled “4(2) Securities – Subsequent Transfers”) and the
Amended Plan in addition to these 4(2) Rights Offering Procedures and the instructions contained in the 4(2) Rights Exercise Form. 

4(2) Eligible Participants may wish to seek legal advice concerning the 4(2) Rights Offering. 

These 4(2) Rights Offering Procedures and the accompanying 4(2) Rights Exercise Form should be read carefully and the instructions therein must be
strictly followed. The risk of non-delivery of any documents sent or payments remitted to the Subscription Agent in connection with the exercise of 4(2) Rights lies solely with 4(2) Eligible Participants, and shall not fall on the Debtors,
Reorganized Debtors or any of their respective officers, directors, employees, agents or advisors, including the Subscription Agent, under any circumstance whatsoever. 

  
 -12-

					
	UNITED STATES BANKRUPTCY COURT
 SOUTHERN DISTRICT OF NEW YORK
  
	 		  	
	  
 In re:

 
 EASTMAN KODAK COMPANY, et al.,1

 
 Debtors.
	 	 )
 )
 )
 )
 )
 )
 )
	  	  
 Chapter 11

 
 Case No. 12-10202 (ALG)

 
 (Jointly Administered)

 INSTRUCTIONS TO 4(2) RIGHTS EXERCISE FORM 

IN CONNECTION WITH THE FIRST AMENDED JOINT CHAPTER 11 PLAN OF  

REORGANIZATION OF EASTMAN KODAK COMPANY AND ITS DEBTOR AFFILIATES  

4(2) RIGHTS OFFERING EXPIRATION DATE 
 All 4(2) Rights Exercise Forms and payments of 
 the Subscription Purchase
Price must be received 
 by the Subscription Agent no later than 

5:00 p.m. (Eastern Time) on August 9, 2013 
 (the “4(2) Rights Offering Expiration Date”). 
 These 4(2) Rights Offering
Procedures have been approved by the Bankruptcy Court pursuant to the Rights Offerings Procedures Order. 
 The 4(2) Rights Offering, the
distribution of each 4(2) Right and the issuance of each 4(2) Rights Offering Share are being conducted under the Amended Plan. 
 Each
4(2) Right and 4(2) Rights Offering Share is being distributed and issued by the Debtors without registration under the Securities Act, in reliance upon the exemption provided in section 4(2) thereof. 

None of the 4(2) Rights distributed in connection with these 4(2) Rights Offering Procedures have been or will be registered under the Securities Act,
nor any State or local law requiring registration for offer or sale of a security, and no 4(2) Rights may be sold or transferred. 
 None
of the 4(2) Rights Offering Shares have been registered or (except with respect to the Backstop Parties) will be registered under the Securities Act, nor any State or local law requiring registration for offer or sale of a security, and (except with
respect to the Backstop Parties) no 4(2) Rights Offering Shares may be sold or transferred except pursuant to the exemption from registration under the Securities Act provided by Rule 144 thereunder, when available. 

 
  

	1 	The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, are: Eastman Kodak Company (7150);
Creo Manufacturing America LLC (4412); Eastman Kodak International Capital Company, Inc. (2341); Far East Development Ltd. (2300); FPC Inc. (9183); Kodak (Near East), Inc. (7936); Kodak Americas, Ltd. (6256); Kodak Aviation Leasing LLC (5224); Kodak
Imaging Network, Inc. (4107); Kodak Philippines, Ltd. (7862); Kodak Portuguesa Limited (9171); Kodak Realty, Inc. (2045); Laser-Pacific Media Corporation (4617); NPEC Inc. (5677); Pakon, Inc. (3462); and Qualex Inc. (6019). The location of the
Debtors’ corporate headquarters is: 343 State Street, Rochester, NY 14650. 

 Except with respect to the Backstop Parties, each 4(2) Rights Offering Share issued upon exercise of a
4(2) Right, and each certificate issued in exchange for or upon the transfer, sale or assignment of any such 4(2) Rights Offering Share, shall be stamped or otherwise imprinted with a legend in substantially the following form: 

“THE SECURITIES REPRESENTED BY THIS CERTIFICATE WERE ORIGINALLY ISSUED ON [ISSUANCE DATE], AND HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE
UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR ANY OTHER APPLICABLE STATE SECURITIES LAWS, AND MAY NOT BE SOLD OR TRANSFERRED EXCEPT PURSUANT TO THE EXEMPTION FROM REGISTRATION UNDER THE ACT PROVIDED BY RULE 144
THEREUNDER, WHEN AVAILABLE.” 
 The 4(2) Rights Offering is being conducted in good faith and in compliance with the Bankruptcy
Code. In accordance with section 1125(e) of the Bankruptcy Code, a debtor or any of its agents that participates, in good faith and in compliance with the applicable provisions of the Bankruptcy Code, in the offer, issuance, sale, or purchase of a
security, offered or sold under the plan, of the debtor, of an affiliate participating in a joint plan with the debtor, or of a newly organized successor to the debtor under the plan, is not liable, on account of such participation, for violation of
any applicable law, rule, or regulation governing the offer, issuance, sale, or purchase of securities. 
 On June
[•], 2013, Eastman Kodak Company (“Kodak”), together with its affiliated debtors and debtors in possession (collectively, the “Debtors”), filed the First Amended Joint Chapter 11
Plan of Reorganization of Eastman Kodak Company and its Debtor Affiliates (as may be amended, modified or supplemented from time to time, the “Amended Plan”) and the accompanying First Amended Disclosure
Statement for Debtors’ First Amended Joint Plan of Reorganization Under Chapter 11 of the Bankruptcy Code (as may be amended, modified or supplemented from time to time, the “Amended Disclosure Statement”).
Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Amended Plan. 
 Pursuant to the Amended Plan, each 4(2) Eligible Participant (as defined below) has the right, but not the obligation, to purchase all or a portion of its 4(2) Primary Shares (as defined in the
accompanying 4(2) Rights Offering Procedures), subject to the 4(2) Reallocation (as defined in the accompanying 4(2) Rights Offering Procedures). 
 In addition, in accordance with the Overallotment Procedures (as defined in the 4(2) Rights Offering Procedures), (x) each Backstop Party that has duly subscribed for and purchased 100 percent of its
4(2) Primary Shares has the right, but not the obligation, to duly subscribe for Backstop Party Overallotment Shares (as defined in the 4(2) Rights Offering Procedures) and (y) each 4(2) Eligible Participant that duly subscribes for all of its
4(2) Primary Shares also has the right, but not the obligation, to duly subscribe for 4(2) Overallotment Shares (as defined in the 4(2) Rights Offering Procedures). 
 A “4(2) Eligible Participant” means a Person that (a)(x) is a Backstop Party or (y) duly completes and timely delivers the 4(2) Certification Form (as defined in the 4(2) Rights
Offering Procedures) to the Subscription Agent on or before the 4(2) Certification Date (as defined in the 4(2) Rights Offering Procedures) and (b) is the beneficial owner of a 4(2) Eligible Claim on the Effective Date. 

  
 -2-

 You have received the attached 4(2) Rights Exercise Form because you are a 4(2) Eligible
Participant. 
 Please use this 4(2) Rights Exercise Form to execute your election. In order to participate in the 4(2)
Rights Offering, you must duly complete, execute and return the attached 4(2) Rights Exercise Form, together with your full payment for the exercise of your 4(2) Rights, to Kurtzman Carson Consultants (the
“Subscription Agent”) on or before the 4(2) Rights Offering Expiration Date set forth above.  

Please refer to Section [•] of the Amended Disclosure Statement and Article 5.8 of the Amended Plan for information regarding the
issuance of New Common Stock pursuant to the Amended Plan, including applicable transfer restrictions. 
 For further
information on how to participate in the 4(2) Rights Offering, please see the accompanying 4(2) Rights Offering Procedures. If you have any questions about the 4(2) Rights Exercise Form or the 4(2) Rights Offering Procedures, please contact the
Subscription Agent at (877) 833-4150. 
 If your 4(2) Rights Exercise Form is not properly completed, executed and received by the
Subscription Agent by the 4(2) Rights Offering Expiration Date, your 4(2) Rights will terminate and be cancelled. 
 To purchase New Common
Stock pursuant to the 4(2) Rights Offering: 
 1. Review the total amount of your 4(2) Eligible Claims as indicated in Item 1.
(Note that this may vary from your asserted General Unsecured Claim amount.) 
 2. Complete the calculations in Items
2a through 2e, indicating the whole number of 4(2) Rights Offering Shares you wish to purchase. 
 3. Complete Item 3.

 4. Carefully review, complete and execute the certification, representations and acknowledgements in Item 4. 

5. Return the 4(2) Rights Exercise Form in the enclosed pre-addressed envelope so that it is received by the Subscription Agent on or
before the 4(2) Rights Offering Expiration Date. You may also deliver your completed 4(2) Rights Exercise Form to the Subscription Agent via email at kodakinfo@kccllc.com or via facsimile at (212)702-0864.  

6. Pay the Subscription Purchase Price to the Subscription Agent by wire transfer of immediately available funds so that it is
received by the Subscription Agent on or before the 4(2) Rights Offering Expiration Date. Call the Subscription Agent, Kurtzman Carson Consultants, at (877) 833-4150, to confirm receipt of payment. 

Before electing to participate in the 4(2) Rights Offering, all 4(2) Eligible Participants should review the Amended Disclosure Statement
(including the risk factors described in the section entitled “Additional Factors to be Considered Prior to Voting” and the section entitled “4(2) Securities – Subsequent Transfers”) and the Amended Plan in addition to the
accompanying 4(2) Rights Offering Procedures and the instructions contained herein. You may wish to seek legal advice concerning the 4(2) Rights Offering. 

  
 -3-

 4(2) RIGHTS EXERCISE FORM 

IN CONNECTION WITH THE FIRST AMENDED JOINT CHAPTER 11 PLAN OF  

REORGANIZATION OF EASTMAN KODAK COMPANY AND ITS DEBTOR AFFILIATES 

4(2) RIGHTS OFFERING EXPIRATION DATE 
 All 4(2) Rights Exercise Forms and payments of the Subscription 
 Purchase
Price must be received by the 
 Subscription Agent no later than 

5:00 p.m. (Eastern Time) on August 9, 2013 
 (the “4(2) Rights Offering Expiration Date”). 
 Please refer to
Section [•] of the Amended Disclosure Statement and 
 Article 5.8 of the Debtors’ First Amended Joint Chapter 11
Plan of 
 Reorganization (the “Amended Plan”) for information regarding the 

issuance of New Common Stock pursuant to the Amended Plan, 
 including applicable transfer restrictions. 
 Please consult the
accompanying 4(2) Rights Offering Procedures and 
 Instructions for additional information with respect to this 4(2)
Rights 
 Exercise Form. 
 These 4(2) Rights Offering Procedures have been approved by the Bankruptcy Court pursuant to the Rights Offerings Procedures Order. 
 The 4(2) Rights Offering, the distribution of each 4(2) Right and the issuance of each 4(2) Rights Offering Share are being conducted under the Amended Plan. 

Each 4(2) Right and 4(2) Rights Offering Share is being distributed and issued by the Debtors without registration under the Securities Act, in
reliance upon the exemption provided in section 4(2) thereof. 
 None of the 4(2) Rights distributed in connection with these 4(2) Rights
Offering Procedures have been or will be registered under the Securities Act, nor any State or local law requiring registration for offer or sale of a security, and no 4(2) Rights may be sold or transferred. 

None of the 4(2) Rights Offering Shares have been registered or (except with respect to the Backstop Parties) will be registered under the Securities
Act, nor any State or local law requiring registration for offer or sale of a security, and (except with respect to the Backstop Parties) no 4(2) Rights Offering Shares may be sold or transferred except pursuant to the exemption from registration
under the Securities Act provided by Rule 144 thereunder, when available. 
 Except with respect to the Backstop Parties, each 4(2)
Rights Offering Share issued upon exercise of a 4(2) Right, and each certificate issued in exchange for or upon the transfer, sale or assignment of any such 4(2) Rights Offering Share, shall be stamped or otherwise imprinted with a legend in
substantially the following form: 

 “THE SECURITIES REPRESENTED BY THIS CERTIFICATE WERE ORIGINALLY ISSUED ON [ISSUANCE DATE], AND HAVE
NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR ANY OTHER APPLICABLE STATE SECURITIES LAWS, AND MAY NOT BE SOLD OR TRANSFERRED EXCEPT PURSUANT TO THE EXEMPTION FROM
REGISTRATION UNDER THE ACT PROVIDED BY RULE 144 THEREUNDER, WHEN AVAILABLE.” 
 The 4(2) Rights Offering is being conducted in good
faith and in compliance with the Bankruptcy Code. In accordance with section 1125(e) of the Bankruptcy Code, a debtor or any of its agents that participates, in good faith and in compliance with the applicable provisions of the Bankruptcy Code, in
the offer, issuance, sale, or purchase of a security, offered or sold under the plan, of the debtor, of an affiliate participating in a joint plan with the debtor, or of a newly organized successor to the debtor under the plan, is not liable, on
account of such participation, for violation of any applicable law, rule, or regulation governing the offer, issuance, sale, or purchase of securities. 
 Item 1. Amount of 4(2) Eligible Claims. Pursuant to the Amended Plan, each 4(2) Eligible Participant (as defined below) is entitled to participate in the 4(2) Rights Offering to the extent of
such Holder’s “4(2) Primary Shares”.  
 For the purposes of the attached 4(2) Rights Exercise Form and the
accompanying 4(2) Rights Offering Procedures, a “4(2) Eligible Participant” means a Person that (a)(x) is a Backstop Party or (y) duly completes and timely delivers the 4(2) Certification Form (as defined in the 4(2) Rights
Offering Procedures) to the Subscription Agent on or before the 4(2) Certification Date (as defined in the 4(2) Rights Offering Procedures) and (b) is the beneficial owner of a 4(2) Eligible Claim on the Effective Date. 

For purposes of this 4(2) Rights Exercise Form, the total amount of your 4(2) Eligible Claims is: 

$[                  
  ]1 

Item 2. 4(2) Rights. Each 4(2) Eligible Participant is entitled to purchase a number of 4(2) Primary Shares corresponding to the total amount
of its 4(2) Eligible Claims.  
 To participate in the 4(2) Rights Offering, please complete Items 2a, 2b, 2c, 2d and 2e below, review
Item 3 below and read and complete Item 4 below. 
 2a. Calculation of Number of 4(2) Primary Shares.
(Required). The number of 4(2) Primary Shares for which you may subscribe pursuant to the 4(2) Rights Offering is calculated as follows. Please note that your number of 4(2) Primary Shares is subject to adjustment. 

 

									
	  
 (Amount of 4(2) Eligible
 Claims from Item 1 above)
	 	X	 	[•]2	 	=  	 	  
 (Maximum number of

4(2) Primary Shares,
 rounded down to
nearest
 whole share)

  

	1 	 [Subscription Agent to enter.] (Note that this may vary from your asserted General Unsecured Claim amount.) 

	2 	[Subscription Agent to enter.] Amount equal to the resulting quotient of (a) 34 million shares divided by (b) $1.82 billion,
the Debtors’ good faith estimate, as reasonably consented to by the Creditors’ Committee and the Requisite Backstop Parties, of the amount of 4(2) Eligible Claims held by 4(2) Eligible Holders (as determined without regard to whether a
Person has duly completed and submitted a 4(2) Certification Form). 

  
 -2-

 2b. 4(2) Primary Shares Exercise Amount. (Required). By filling in the following
blanks, you are indicating your intention to purchase the number of 4(2) Primary Shares specified below (please specify a whole number of 4(2) Primary Shares not greater than the figure in Item 2a), at a Per Share Price of $11.94, on the terms
of and subject to the conditions set forth in the Amended Plan and 4(2) Rights Offering Procedures. 
  

									
	  
 (Indicate the number of 4(2)
Primary Shares you elect to purchase)
	 	X	 	 $11.94
 (Per Share Price)
	 	=	 	
$                      
      
 Purchase Price of 4(2) Primary Shares

 2c. Backstop Party Overallotment Shares Exercise Amount. (To be completed only by Backstop Parties
that have duly subscribed for and purchased 100 percent of their respective 4(2) Primary Shares). If you are a Backstop Party and have duly subscribed for and purchased 100 percent of your 4(2) Primary Shares as indicated in 2b above, you are
eligible to subscribe for Backstop Party Overallotment Shares (as defined in the 4(2) Rights Offering Procedures).  
 By filling in the
following blanks, you are indicating your intention to purchase the number of Backstop Party Overallotment Shares specified below, at a Per Share Price of $11.94, on the terms of and subject to the conditions set forth in the Amended Plan and 4(2)
Rights Offering Procedures. 
  

									
	  
 (Indicate the number of 4(2)
Backstop Party Overallotment Shares you elect to purchase)
	 	X	 	 $11.94
 (Per Share Price)
	 	=	 	
$                      
      
 Purchase Price of

Backstop Party Overallotment Shares

 2d. 4(2) Remaining Overallotment Shares Exercise Amount. (Optional). If any 4(2) Rights Offering
Shares remain available for subscription after giving effect to the aggregate number of duly subscribed for and purchased 4(2) Primary Shares and Backstop Party Overallotment Shares (as defined in the 4(2) Rights Offering Procedures), each 4(2)
Eligible Participant that has duly subscribed for and purchased 100 percent of its 4(2) Primary Shares may also elect to subscribe for and purchase 4(2) Overallotment Shares (as defined in the 4(2) Rights Offering Procedures). 

  
 -3-

 By filling in the following blanks, you are indicating your intention to purchase the number of 4(2)
Overallotment Shares specified below, at a Per Share Price of $11.94, on the terms of and subject to the conditions set forth in the Amended Plan and 4(2) Rights Offering Procedures. 

 

									
	  
 (Indicate the number of 4(2)
Overallotment Shares you elect to purchase)
	 	X	 	 $11.94
 (Per Share Price)
	 	=	 	
$                    

Purchase Price of 4(2) Overallotment Shares

 2e. Subscription Purchase Price. (Required). Calculate the Subscription Purchase Price by adding the Purchase
Price from 2b, 2c and 2d.  
  

													
	
$                  
  
 (Purchase Price of 4(2) Primary Shares)
	  	+	  	$                    

(Purchase Price of
Backstop Party
Overallotment Shares)
	  	+	  	$                    

(Purchase Price of 4(2)
Overallotment Shares)
	  	=	  	$                    

(Subscription Purchase
Price)

 Payment of the Subscription Purchase Price indicated above will be due by wire transfer prior to the 4(2) Rights
Offering Expiration Date, to be made in accordance with the instructions below. A 4(2) Eligible Participant shall be deemed to have relinquished and waived all rights to participate in the 4(2) Rights Offering if the Subscription Agent for any
reason does not receive from a 4(2) Eligible Participant, on or before the 4(2) Rights Offering Expiration Date, (i) a duly completed and executed 4(2) Rights Exercise Form and (ii) payment of the Subscription Purchase Price by or on
behalf of such 4(2) Eligible Participant. 
 Wire Delivery Instructions: 

 

			
	Account Name:	  	Computershare Inc AAF for KCC Client Funding Eastman Kodak
	Account No.:	  	4426855327
	ABA/Routing No.:	  	026009593
	Bank Name:	  	Bank of America
	Bank Address:	  	New York, New York
	Ref:	  	Funding for Eastman Kodak Rights Offering

 Item 3. In the event that monies funded by you are to be returned pursuant to the accompanying 4(2) Rights
Offering Procedures, please provide your wire instructions and address. In the event you do not provide wire instructions, any refund to which you are entitled will be sent to your address: 

 

	
	
Street Address:                    
                                         
             

	
	
City, State, Zip Code:                  
                                         
  

	
	
Wire Transfer Information:                  
                                 

  
 -4-

 Item 4. Certification. I certify that (i) I am the holder, or the authorized signatory of
the holder, of the amount of 4(2) Eligible Claims listed under Item 1 above, (ii) I am, or such holder is, entitled to participate in the 4(2) Rights Offering to the extent of my, or such holder’s, 4(2) Eligible Claims as indicated
under Item 1 above, (iii) I have received and reviewed a copy of the Amended Plan, the Amended Disclosure Statement (including the risk factors described in the section entitled “Additional Factors to be Considered Prior to
Voting” and the section entitled “4(2) Securities – Subsequent Transfers”)and the 4(2) Rights Offering Procedures and (iii) I understand that my participation in the 4(2) Rights Offering is subject to all of the terms and
conditions set forth in the Amended Plan and 4(2) Rights Offering Procedures. This certification is not an admission as to the ultimate allowed amount of such 4(2) Eligible Claims. 
 I represent and warrant that: 
  

	 	(a)	I am a 4(2) Eligible Participant; 

  

	 	(b)	I recognize and understand that the 4(2) Rights are not transferable or detachable from 4(2) Eligible Claims, and may only be exercised by a 4(2) Eligible Participant;

  

	 	(c)	I will not accept a distribution of New Common Stock offered pursuant to the 4(2) Rights Offering Procedures with respect to a 4(2) Eligible Claim if, at the time of
distribution, I do not own such 4(2) Eligible Claim; 

  

	 	(d)	By accepting such a distribution of New Common Stock, I will be deemed to be the owner of such 4(2) Eligible Claim; 

 

	 	(e)	If I transfer any portion of my 4(2) Eligible Claim, the corresponding 4(2) Rights will be cancelled, and neither I nor the transferee of such 4(2) Eligible Claim will
receive 4(2) Rights Offering Shares in connection with such 4(2) Eligible Claim; 

  

	 	(f)	I acknowledge and agree that, except with respect to the Backstop Parties, the 4(2) Rights Offering Shares may not be offered or sold except pursuant to the exemption
from registration under the Securities Act provided by Rule 144 thereunder, when available, and I understand that the Debtors expect the Rule 144 exemption will not be available for at least six months after the Effective Date;

  

	 	(g)	I acknowledge that Rule 144 provides for certain restrictions on the sale of securities of an issuer by “affiliates” of the issuer, as defined therein,
including restrictions on the volume of securities sold and the manner of such sale, and the requirement to file notice of certain sales to the Securities and Exchange Commission; 

 

	 	(h)	I acknowledge and agree that the 4(2) Rights Offering Shares will be issued in certificated form and shall bear a restrictive legend, and that the Reorganized Debtors
reserve the right to require certification or other evidence of compliance with Rule 144 as a condition to the removal of such restrictive legend or any transfer of any such 4(2) Rights Offering Shares; and 

 

	 	(i)	I acknowledge and agree that the Reorganized Debtors reserve the right to stop any transfer of 4(2) Rights Offering Shares if such transfer is not in compliance with
Rule 144. 

 As of the Effective Date of the Amended Plan, by virtue of my election to exercise 4(2) Rights, I hereby waive and
release, to the fullest extent permitted under applicable law, all rights, claims or causes of action against the Debtors, the Reorganized Debtors, the Creditors’ Committee, the Backstop Parties and the Subscription Agent, and each of their
respective affiliates, officers, directors, counsel and advisors, arising out of or related to the 4(2) Rights Offering and the receipt, delivery, disbursements, calculations, transmission or segregation of cash, 4(2) Rights and 4(2) Rights Offering
Shares, except to the extent such rights, claims or causes of action arise from any act of gross negligence or willful or intentional misconduct or fraud. 

  
 -5-

 BEFORE ELECTING TO PARTICIPATE IN THE 4(2) RIGHTS OFFERING, ALL 4(2) ELIGIBLE PARTICIPANTS SHOULD REVIEW
THE AMENDED DISCLOSURE STATEMENT (INCLUDING THE RISK FACTORS DESCRIBED IN THE SECTION ENTITLED “ADDITIONAL FACTORS TO BE CONSIDERED PRIOR TO VOTING” AND THE SECTION ENTITLED “4(2) SECURITIES – SUBSEQUENT TRANSFERS”) AND THE
AMENDED PLAN IN ADDITION TO THE ACCOMPANYING 4(2) RIGHTS OFFERING PROCEDURES AND THE INSTRUCTIONS CONTAINED HEREIN. YOU MAY WISH TO SEEK LEGAL ADVICE CONCERNING THE 4(2) RIGHTS OFFERING. 
 I acknowledge that by executing this 4(2) Rights Exercise Form the undersigned holder will be bound to pay for the 4(2) Rights Offering Shares that it has subscribed for pursuant to the instructions
that will be set forth in a separate notice and that the undersigned holder may be liable to the Debtors to the extent of any nonpayment. 
 Date:                     , 2013 

 

			
	 Name of 4(2) Eligible Participant:
	  	  

		  	(Print or Type)

  

			
	 Social Security or Federal Tax I.D. No.:
	  	  

		  	(Optional)

  

			
	 Signature:
	  	  

  

			
	 Name of Person Signing:
	  	  

		  	(If other than as given above)

  

			
	 Title (if corporation, partnership or LLC):
	  	  

  

			
	 Street Addres:
	  	  

  

			
	 City, State, Zip Code:
	  	  

  

			
	 Telephone Number:
	  	  

  

			
	 Email:
	  	  

  
 -6-

 PLEASE NOTE: NO EXERCISE OF 4(2) RIGHTS WILL BE VALID UNLESS A PROPERLY COMPLETED AND SIGNED 4(2) RIGHTS
EXERCISE FORM, TOGETHER WITH YOUR FULL PAYMENT FOR THE EXERCISE OF SUCH 4(2) RIGHTS, IS RECEIVED BY THE SUBSCRIPTION AGENT ON OR BEFORE THE 4(2) RIGHTS OFFERING EXPIRATION DATE. 
 The 4(2) Rights Offering Shares will be registered only in the name of the 4(2) Eligible Participant. Please indicate on the lines provided below the 4(2) Eligible Participant’s name and address as
you would like it to be reflected in the transfer agent’s records for registration of the 4(2) Rights Offering Shares: 
  

	
	
Registration Line 1:                   
                                         
     

	
	
Registration Line 2:             
                                         
           
 (if needed)

	
	
Address 1:                     
                                         
                    

	
	
Address 2:                     
                                         
                    

	
	
Address 3:                     
                                         
                    

	
	
Address 4:                     
                                         
                    

 IMPORTANT – IF YOU ARE AN UNSECURED NOTEHOLDER THAT HOLDS NOTES THROUGH A BANK OR BROKERAGE FIRM,
YOU WILL RECEIVE UNDER SEPARATE COVER FROM YOUR NOMINEE OR YOUR NOMINEES AGENT, THE AMENDED PLAN VOTING MATERIAL, INCLUDING AN APPROPRIATE BALLOT. PLEASE CLOSELY FOLLOW THE VOTING INSTRUCTIONS CONTAINED IN THE BALLOT AND RETURN YOUR BALLOT TO YOUR
NOMINEE OR YOUR NOMINEES AGENT TO ENSURE YOUR VOTING INSTRUCTIONS ARE PROPERLY PROCESSED. 

  
 -7-

 Exhibit C 
 Form of Amended Plan 

 THIS FIRST AMENDED PLAN OF REORGANIZATION HAS NOT BEEN APPROVED BY THE BANKRUPTCY

 COURT. A SOLICITATION OF VOTES TO ACCEPT OR REJECT THE PLAN WILL COMMENCE ONLY IF A 

DISCLOSURE STATEMENT AND SOLICITATION PROCEDURES HAVE BEEN APPROVED BY THE 

BANKRUPTCY COURT. 
 UNITED STATES BANKRUPTCY COURT 
 SOUTHERN DISTRICT OF NEW YORK

  

					
	  
 In re:
  

EASTMAN KODAK COMPANY, et al.,1
  

Debtors.
	 	 )
 )
 )
 )
 )
 )
 )
	  	  
 Chapter 11

 
 Case No. 12-10202 (ALG)

 
 (Jointly Administered)

 FIRST AMENDED JOINT CHAPTER 11 PLAN OF REORGANIZATION OF 

EASTMAN KODAK COMPANY AND ITS DEBTOR AFFILIATES 

 

			
	 Andrew G. Dietderich
 Brian D.
Glueckstein
 Michael H. Torkin
 John J.
Jerome
 SULLIVAN & CROMWELL LLP

125 Broad Street
 New York, New York
10004
 Telephone: (212) 558-4000
	 	 Pauline K. Morgan
 YOUNG
CONAWAY STARGATT & TAYLOR, LLP
 1270 Avenue of the Americas
 New York, New York 10020
 Telephone: (212) 332-8840

 Counsel to the Debtors and 
 Debtors in Possession 
 Dated: June 18, 2013 

 
  

	1 	The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, are: Eastman Kodak Company (7150);
Creo Manufacturing America LLC (4412); Eastman Kodak International Capital Company, Inc. (2341); Far East Development Ltd. (2300); FPC Inc. (9183); Kodak (Near East), Inc. (7936); Kodak Americas, Ltd. (6256); Kodak Aviation Leasing LLC (5224); Kodak
Imaging Network, Inc. (4107); Kodak Philippines, Ltd. (7862); Kodak Portuguesa Limited (9171); Kodak Realty, Inc. (2045); Laser-Pacific Media Corporation (4617); NPEC Inc. (5677); Pakon, Inc. (3462); and Qualex Inc. (6019). The location of the
Debtors’ corporate headquarters is 343 State Street, Rochester, NY 14650. 

 TABLE OF CONTENTS 

 

					
	 	  	Page	 
	 1. INTRODUCTION
	  	 	1	  
		
	 2. DEFINITIONS AND RULES OF INTERPRETATION
	  	 	2	  
		
	 2.1. Scope of Defined Terms
	  	 	2	  
	 2.2. Defined Terms
	  	 	2	  
	 2.3. Rules of Interpretation
	  	 	25	  
	 2.4. Governing Law
	  	 	26	  
	 2.5. Computation of Time
	  	 	26	  
		
	 3. GENERAL ADMINISTRATIVE CLAIMS, PRIORITY TAX CLAIMS, DIP FACILITY CLAIMS, PROFESSIONAL CLAIMS, UNITED STATES TRUSTEE STATUTORY
FEES AND RETIREE COMMITTEE ADMINISTRATIVE CLAIMS
	  	 	27	  
		
	 3.1. Administrative Claim Bar Date
	  	 	27	  
	 3.2. General Administrative Claims
	  	 	28	  
	 3.3. DIP Claims
	  	 	28	  
	 3.4. Professional Claims
	  	 	29	  
	 3.5. Priority Tax Claims
	  	 	30	  
	 3.6. Statutory Fees Payable Pursuant to 28 U.S.C. § 1930
	  	 	30	  
	 3.7. Retiree Committee Administrative Claim
	  	 	30	  
	 3.8. Backstop Fees; Backstop Expense Reimbursement
	  	 	30	  
		
	 4. CLASSIFICATION, TREATMENT AND VOTING OF CLAIMS AND EQUITY INTERESTS
	  	 	31	  
		
	 4.1. Classification of Claims and Equity Interests
	  	 	31	  
	 4.2. Treatment of Claims and Equity Interests
	  	 	32	  
	 4.3. Intercompany Claims and Interests
	  	 	36	  
	 4.4. Special Provision Governing Unimpaired Claims
	  	 	37	  
	 4.5. Confirmation Pursuant to Sections 1129(a) and 1129(b) of the Bankruptcy Code
	  	 	37	  
	 4.6. Subordinated Claims
	  	 	37	  
		
	 5. IMPLEMENTATION OF THE PLAN
	  	 	38	  
		
	 5.1. Operations Between the Confirmation Date and Effective Date
	  	 	38	  
	 5.2. KPP Global Settlement
	  	 	38	  
	 5.3. Settlement of Committee’s Lien Challenge
	  	 	38	  
	 5.4. Other Restructuring Transactions
	  	 	38	  
	 5.5. Vesting of Assets in the Reorganized Debtors
	  	 	39	  
	 5.6. Cancellation of Existing Agreements, Notes and Equity Interests
	  	 	39	  
	 5.7. New Common Stock
	  	 	39	  
	 5.8. Rights Offerings
	  	 	40	  

					
	 	  	Page	 
	 5.9. Exemption from Registration
	  	 	40	  
	 5.10. Emergence Financing
	  	 	41	  
	 5.11. Section 1146 Exemption from Certain Transfer Taxes and Recording Fees
	  	 	43	  
	 5.12. Preservation of Causes of Action
	  	 	43	  
	 5.13. Effectuating Documents and Further Transactions
	  	 	44	  
	 5.14. Reinstatement of Interests in Debtor Subsidiaries
	  	 	44	  
	 5.15. Intercompany Account Settlement
	  	 	44	  
	 5.16. Fees and Expenses of the Unsecured Notes Trustee
	  	 	44	  
		
	 6. CORPORATE GOVERNANCE AND MANAGEMENT
	  	 	45	  
		
	 6.1. Corporate Existence
	  	 	45	  
	 6.2. Organizational Documents
	  	 	45	  
	 6.3. Indemnification Provisions in Organizational Documents
	  	 	45	  
	 6.4. Directors and Officers of the Reorganized Debtors
	  	 	45	  
		
	 7. COMPENSATION AND BENEFITS PROGRAMS
	  	 	47	  
		
	 7.1. New Compensation and Benefits Programs
	  	 	47	  
	 7.2. Compensation and Benefits Programs
	  	 	47	  
	 7.3. Workers’ Compensation Program
	  	 	47	  
	 7.4. Compensation Arrangements with APS
	  	 	48	  
		
	 8. TREATMENT OF EXECUTORY CONTRACTS AND UNEXPIRED LEASES
	  	 	49	  
		
	 8.1. Rejection of Executory Contracts and Unexpired Leases
	  	 	49	  
	 8.2. Claims Against the Debtors Upon Rejection
	  	 	49	  
	 8.3. Cure and Assumption of Specified Contracts
	  	 	49	  
	 8.4. Effect of Assumption
	  	 	50	  
	 8.5. Assumption or Rejection of Disputed Contracts
	  	 	50	  
	 8.6. Modification, Amendments, Supplements, Restatements or Other Agreements
	  	 	50	  
	 8.7. Reservation of Rights
	  	 	51	  
	 8.8. Contracts and Leases Entered Into After the Petition Date
	  	 	51	  
	 8.9. Directors and Officers Insurance Policies and Agreements
	  	 	51	  
	 8.10. Indemnification and Reimbursement Obligations
	  	 	52	  
		
	 9. PROVISIONS GOVERNING DISTRIBUTIONS
	  	 	53	  
		
	 9.1. Initial Distributions
	  	 	53	  
	 9.2. Subsequent Distributions
	  	 	53	  
	 9.3. Record Date and Delivery of Distributions
	  	 	53	  
	 9.4. Distribution Agents
	  	 	54	  
	 9.5. Delivery of Distributions to DIP Facility Claims
	  	 	55	  
	 9.6. Delivery of Distributions to Second Lien Notes Claims
	  	 	55	  
	 9.7. Delivery of Distributions to the Unsecured Notes Claims
	  	 	55	  
	 9.8. Fractional and De Minimis Distributions
	  	 	56	  
	 9.9. Undeliverable Distributions
	  	 	56	  
	 9.10. Reversion
	  	 	56	  

  
 - ii -

					
	 	  	Page	 
	 9.11. Surrender of Cancelled Instruments or Securities
	  	 	57	  
	 9.12. Compliance with Tax Requirements and Allocations to Principal and Interest
	  	 	57	  
	 9.13. Setoffs
	  	 	57	  
	 9.14. No Postpetition Interest on Claims
	  	 	58	  
	 9.15. No Payment Over the Full Amount
	  	 	58	  
	 9.16. Claims Paid or Payable by Third Parties
	  	 	58	  
		
	 10. PROCEDURES FOR RESOLVING CONTINGENT, UNLIQUIDATED, AND DISPUTED CLAIMS
	  	 	59	  
		
	 10.1. Objections to Claims
	  	 	59	  
	 10.2. Estimation of Claims
	  	 	59	  
	 10.3. Expungement and Disallowance of Claims
	  	 	59	  
	 10.4. Amendments to Proofs of Claim
	  	 	60	  
	 10.5. No Distributions Pending Allowance
	  	 	60	  
	 10.6. Distributions After Allowance
	  	 	61	  
	 10.7. Administration Responsibilities
	  	 	61	  
	 10.8. Disputed Claims Reserve
	  	 	61	  
		
	 11. CONDITIONS PRECEDENT TO EFFECTIVENESS OF THE PLAN
	  	 	63	  
		
	 11.1. Conditions Precedent to the Effective Date
	  	 	63	  
	 11.2. Waiver of Conditions
	  	 	64	  
	 11.3. Simultaneous Transactions
	  	 	64	  
	 11.4. Effect of Non-Occurrence of the Effective Date
	  	 	64	  
		
	 12. SETTLEMENT, RELEASE, INJUNCTION AND RELATED PROVISIONS
	  	 	65	  
		
	 12.1. Compromise and Settlement
	  	 	65	  
	 12.2. Subordinated Claims
	  	 	65	  
	 12.3. Discharge of Claims and Termination of Equity Interests
	  	 	65	  
	 12.4. Release of Liens
	  	 	65	  
	 12.5. Debtor Release
	  	 	66	  
	 12.6. Release by Holders of Claims
	  	 	66	  
	 12.7. Exculpation
	  	 	68	  
	 12.8. Injunction
	  	 	69	  
	 12.9. Limitations on Exculpations and Releases
	  	 	69	  
		
	 13. MODIFICATION, REVOCATION OR WITHDRAWAL OF THE PLAN
	  	 	70	  
		
	 13.1. Modification of Plan
	  	 	70	  
	 13.2. Effect of Confirmation on Modification
	  	 	70	  
	 13.3. Revocation of Plan
	  	 	70	  
		
	 14. RETENTION OF JURISDICTION
	  	 	71	  
		
	 14.1. Retention of Jurisdiction
	  	 	71	  

  
 - iii -

					
	 	  	Page	 
	 15. MISCELLANEOUS PROVISIONS
	  	 	74	  
		
	 15.1. Immediate Binding Effect
	  	 	74	  
	 15.2. Additional Documents
	  	 	74	  
	 15.3. Reservation of Rights
	  	 	74	  
	 15.4. Successors and Assigns
	  	 	74	  
	 15.5. Term of Injunction or Stays
	  	 	74	  
	 15.6. Entire Agreement
	  	 	75	  
	 15.7. Exhibits
	  	 	75	  
	 15.8. Nonseverability of Plan Provisions Upon Confirmation
	  	 	75	  
	 15.9. Dissolution of Committees
	  	 	75	  
	 15.10. Termination of Fee Examiner’s Appointment
	  	 	76	  
	 15.11. Closing of Chapter 11 Cases
	  	 	76	  
	 15.12. Conflicts
	  	 	76	  
	 15.13. Further Assurances
	  	 	76	  
	 15.14. No Stay of Confirmation Order
	  	 	76	  
	 15.15. Waiver or Estoppel
	  	 	76	  
	 15.16. Insurance Neutrality
	  	 	76	  
	 15.17. Post-Effective Date Service
	  	 	77	  
	 15.18. Notices
	  	 	77	  
		
	 16. KODAK GUC TRUST
	  	 	80	  
		
	 16.1. Execution of Kodak GUC Trust Agreement
	  	 	80	  
	 16.2. Purpose of the Kodak GUC Trust
	  	 	80	  
	 16.3. Kodak GUC Trust Assets
	  	 	80	  
	 16.4. Governance of the Kodak GUC Trust
	  	 	80	  
	 16.5. The Kodak GUC Trustee
	  	 	80	  
	 16.6. Role of the Kodak GUC Trustee
	  	 	80	  
	 16.7. Non-transferability of Kodak GUC Trust Interests
	  	 	81	  
	 16.8. Cash
	  	 	81	  
	 16.9. Kodak GUC Trust Distributions
	  	 	81	  
	 16.10. Costs and Expenses of the Kodak GUC Trust
	  	 	81	  
	 16.11. Compensation of the Kodak GUC Trustee
	  	 	81	  
	 16.12. Retention of Professionals by the Kodak GUC Trustee
	  	 	81	  
	 16.13. Federal Income Tax Treatment of the Kodak GUC Trust
	  	 	82	  
	 16.14. Dissolution
	  	 	84	  
	 16.15. Indemnification and Exculpation
	  	 	84	  
	 16.16. Authority to Prosecute and Settle Actions
	  	 	85	  
	 16.17. Reorganized Debtors’ Cooperation and Supply of Information and Documentation
	  	 	85	  
	 16.18. Preservation of Privilege and Defenses
	  	 	85	  

  
 - iv -

	1.	INTRODUCTION 

 Eastman Kodak Company (“Kodak”) and its debtor affiliates, as debtors-in-possession in the above-captioned chapter 11 cases (collectively, the “Debtors”), propose
the following first amended joint plan of reorganization (including the Plan Supplement and all other exhibits and schedules thereto, the “Plan”) pursuant to section 1121(a) of the Bankruptcy Code. The Chapter 11 Cases are
being jointly administered pursuant to an order of the Bankruptcy Court dated January 19, 2012. Each Debtor is a proponent of the Plan for purposes of section 1129 of the Bankruptcy Code. 

	2.	DEFINITIONS AND RULES OF INTERPRETATION

 2.1. Scope of Defined Terms 
 Except as expressly provided herein or unless the context otherwise requires, each capitalized term used in this Plan shall either have (a) the meaning set forth in Article 2.2 or (b) if such
term is not defined in Article 2.2, but such term is defined in the Bankruptcy Code, the meaning ascribed to such term in the Bankruptcy Code. 
 2.2. Defined Terms 
 2.2.1 “1145 Eligible Claim” means any
Claim that is in whole or in part an “1145 Eligible Claim” as such term is defined in the 1145 Rights Offering Procedures. 
 2.2.2 “1145-Only Claim” means any 1145 Eligible Claim held by an 1145-Only Participant. 
 2.2.3 “1145-Only Participant” means a Person that certifies on its Ballot that such Person (a) is neither a “qualified institutional buyer” or an “accredited
investor” within the meaning of Rule 144A or Rule 501(a) of the Securities Act, respectively, or (b) did not, as of April 30, 2013 and the 4(2) Certification Date, beneficially own General Unsecured Claims and/or Retiree Settlement
Unsecured Claims in an aggregate face amount not less than (x) in the case of a “qualified institutional buyer”, $100,000 or (y) in the case of an “accredited investor”, $500,000. 

2.2.4 “1145 Rights” means the rights to subscribe for and acquire 1145 Rights Offering Shares in accordance with the
1145 Rights Offering Procedures. 
 2.2.5 “1145 Rights Offering” means the offering of 1145 Rights in
accordance with the 1145 Rights Offering Procedures. 
 2.2.6 “1145 Rights Offering Procedures” means the
procedures with respect to the 1145 Rights Offering authorized pursuant to the Rights Offerings Procedures Order. 
 2.2.7
“1145 Rights Offering Shares” means 6 million shares of New Common Stock available for subscription and purchase in the 1145 Rights Offering. 
 2.2.8 “1145 Rights Offering Unsubscribed Shares” means any 1145 Rights Offering Shares that have not been duly subscribed for and fully paid in accordance with the 1145 Rights Offering
Procedures. 
 2.2.9 “125% Exercise Price” means the cashless exercise price equal to the product of
(a) the Per Share Price multiplied by (b) 1.25. 
 2.2.10 “125% Warrant Agreement” means the warrant
agreement governing the 125% Warrants, which agreement shall be in form and substance reasonably satisfactory to the Requisite Backstop Parties and the Creditors’ Committee, based on the term sheet attached to the Backstop Commitment Agreement
and otherwise in form and substance substantially similar to the form included in the Plan Supplement. 

  
 -2-

 2.2.11 “125% Warrants” means net-share settled warrants to acquire, at the
125% Exercise Price, a number of shares of New Common Stock equal to the product of (a) 5% multiplied by (b) the Effective Date Share Issuance (subject to any applicable anti-dilution adjustments and any other applicable terms of the 125%
Warrant Agreement). 
 2.2.12 “135% Exercise Price” means the cashless exercise price equal to the product of
(a) the Per Share Price multiplied by (b) 1.35. 
 2.2.13 “135% Warrant Agreement” means the warrant
agreement governing the 135% Warrants, which agreement shall be in form and substance reasonably satisfactory to the Requisite Backstop Parties and the Creditors’ Committee, based on the term sheet attached to the Backstop Commitment Agreement
and otherwise in form and substance substantially similar to the form included in the Plan Supplement. 
 2.2.14 “135%
Warrants” means net-share settled warrants to acquire, at the 135% Exercise Price, a number of shares of New Common Stock equal to the product of (a) 5% multiplied by (b) the Effective Date Share Issuance (subject to any
applicable anti-dilution adjustments and any other applicable terms of the 135% Warrant Agreement). 
 2.2.15 “2018
Notes” means the 9.75% Senior Secured Notes due 2018 issued by Kodak under the indenture, dated as of March 5, 2010, between Kodak and The Bank of New York Mellon. 

2.2.16 “2019 Notes” means the 10.625% Senior Secured Notes due 2019 issued by Kodak under the indenture, dated as of
March 15, 2011, between Kodak and The Bank of New York Mellon. 
 2.2.17 “4(2) Certification Date” has the
meaning set forth in the 4(2) Rights Offering Procedures. 
 2.2.18 “4(2) Eligible Claim” means a “4(2)
Eligible Claim” (as such term is defined in the 4(2) Rights Offering Procedures) held by a 4(2) Eligible Participant. 

2.2.19 “4(2) Eligible Participant” has the meaning set forth in the 4(2) Rights Offering Procedures. 

2.2.20 “4(2) Rights” means the rights to subscribe for and acquire 4(2) Rights Offering Shares in accordance with the
4(2) Rights Offering Procedures. 
 2.2.21 “4(2) Rights Offering” means the offering of 4(2) Rights in
accordance with the 4(2) Rights Offering Procedures. 
 2.2.22 “4(2) Rights Offering Procedures” means the
procedures with respect to the 4(2) Rights Offering authorized pursuant to the Rights Offerings Procedures Order. 

  
 -3-

 2.2.23 “4(2) Rights Offering Shares” means a number of shares of New Common
Stock equal to the sum of (x) 28 million and (y) the number of 1145 Rights Offering Unsubscribed Shares. 

2.2.24 “4(2) Rights Offering Unsubscribed Shares” means any 4(2) Rights Offering Shares that have not been duly
subscribed for and fully paid in accordance with the 4(2) Rights Offering Procedures. 
 2.2.25 “503(b)(9)
Claim” means a Claim asserted pursuant to section 503(b)(9) of the Bankruptcy Code. 
 2.2.26 “503(b)(9)
Procedures Order” means the Final Order [Docket No. 374] entered by the Bankruptcy Court on February 16, 2012, establishing exclusive procedures for the assertion, resolution, allowance and satisfaction of 503(b)(9) Claims.

 2.2.27 “Active Employee” means any active employee of the Reorganized Debtors immediately following the
Effective Date. 
 2.2.28 “Adequate Protection Claim” shall have the meaning ascribed to “507(b)
Claims” as defined in paragraph 15 of the DIP Order. 
 2.2.29 “Administrative Claim” means a Claim
arising under sections 503(b), 507(b) or, to the extent applicable, 1114(e)(2) of the Bankruptcy Code, including: (a) the actual and necessary costs and expenses incurred after the Petition Date and through the Effective Date of preserving the
Estates and operating the businesses of the Debtors; (b) Professional Claims; and (c) all fees and charges assessed against the Estates under chapter 123 of title 28 of the United States Code, 28 U.S.C. 1911 and 1930. 

2.2.30 “Administrative Claim Bar Date” means the date that is the 30th day after the Effective Date. 

2.2.31 “Affiliate” has the meaning set forth in section 101(2) of the Bankruptcy Code. 

2.2.32 “Allowed” means, with respect to any Claim, that (a) such Claim has been allowed by the Plan or an order of
the Bankruptcy Court, (b) such Claim has been allowed, compromised or settled in writing (i) prior to the Effective Date, by the Debtors in accordance with authority granted by an order of the Bankruptcy Court, or (ii) on or after the
Effective Date, by the Reorganized Debtors, (c) such Claim is listed in the Schedules as not disputed, not contingent and not unliquidated and (i) no Proof of Claim has been filed, (ii) no objection to allowance, request for
estimation, motion to deem the Schedules amended or other challenge has been filed prior to the Claims Objection Bar Date and (iii) such Claim is not otherwise subject to disallowance under section 502(d) of the Bankruptcy Code, or
(d) such Claim is evidenced by a valid and timely filed Proof of Claim or request for payment of an Administrative Claim, as applicable, and (i) as to which no objection to allowance, request for estimation, or other challenge has been
filed prior to the Claims Objection Bar Date and (ii) that is not otherwise subject to disallowance under section 502(d). 

  
 -4-

 2.2.33 “Amended Disclosure Statement” means the First Amended Disclosure
Statement for the Debtors’ First Amended Joint Plan of Reorganization, as approved by the Bankruptcy Court pursuant to the Solicitation Procedures Order, including all exhibits and schedules thereto and references therein that relate to the
Plan, in each case in form and substance reasonably satisfactory to the Requisite Backstop Parties. 
 2.2.34
“APS” means AP Services, LLC. 
 2.2.35 “APS Retention Order” means the Order Granting the
Debtors’ Motion to Employ and Retain AP Services, LLC and Designate James A. Mesterharm as Chief Restructuring Officer to the Debtors Nunc Pro Tunc to the Petition Date [Docket No. 448]. 

2.2.36 “Avoidance Actions” means any and all actual or potential claims and causes of action to avoid a transfer of
property or an obligation incurred by any of the Debtors pursuant to any applicable section of the Bankruptcy Code, including sections 544, 545, 547, 548, 549, 550, 551, 553(b) and 724(a) of the Bankruptcy Code, or under similar or related state or
federal statutes and common law. For the avoidance of doubt, Avoidance Actions do not include, and the Debtors shall retain all rights to commence, pursue, proceed with, and/or settle, breach of contract and/or intellectual property litigation
Causes of Action. 
 2.2.37 “Backstop Approval Order” means the Order Authorizing the Debtors to
(A) Execute a Backstop Commitment Agreement and (B) Incur, Perform and Abide by the Initial Commitment Provisions [Docket No. [•]]. 
 2.2.38 “Backstop Commitment” has the meaning set forth in the Backstop Commitment Agreement. 
 2.2.39 “Backstop Commitment Agreement” means the Backstop Commitment Agreement by and among Kodak and the Backstop Parties party thereto, dated as of June [•], 2013. 

2.2.40 “Backstop Fees” means the backstop fees approved by the Bankruptcy Court under the Backstop Approval Order and
required to be paid to the Backstop Parties in accordance with the Backstop Commitment Agreement. 
 2.2.41 “Backstop
Expense Reimbursement” means the Debtors’ obligation (approved by the Bankruptcy Court under the Backstop Approval Order) to reimburse the Backstop Parties’ third-party fees and expenses in accordance with the terms of the
Backstop Commitment Agreement. 
 2.2.42 “Backstop Parties” has the meaning set forth in the Backstop
Commitment Agreement, and includes any Related Purchaser and Ultimate Purchaser (as such terms are defined in the Backstop Commitment Agreement). 
 2.2.43 “Backstop Trust Waiver” means the waiver by the Backstop Parties of distributions from the Kodak GUC Trust; provided that notwithstanding the foregoing, each Backstop Party
shall participate Pro Rata in any distribution from the Kodak GUC Trust that, when added to all prior distributions, exceeds the lesser of (x) $25 million and (y) an amount equal to 20% of the amount of Allowed General Unsecured Claims and
the Retiree Settlement Unsecured Claim (other than those held by the Backstop Parties). 

  
 -5-

 2.2.44 “Ballots” means the ballots accompanying the Amended Disclosure
Statement upon which certain Holders of Impaired Claims entitled to vote shall, among other things, indicate their acceptance or rejection of the Plan in accordance with the Plan and the procedures governing the solicitation process, and which must
be actually received on or before the Voting Deadline. 
 2.2.45 “Bankruptcy Code” means title 11 of the United
States Code, 11 U.S.C. §§ 101 – 1532. 
 2.2.46 “Bankruptcy Court” or “Court”
means the United States Bankruptcy Court for the Southern District of New York. 
 2.2.47 “Bankruptcy Rules”
means the Federal Rules of Bankruptcy Procedure as promulgated by the United States Supreme Court under section 2075 of title 28 of the United States Code, 28 U.S.C. § 2075, as applicable to the Chapter 11 Cases, and the general, local and
chambers rules of the Bankruptcy Court. 
 2.2.48 “Business Day” means any day, other than a Saturday, Sunday
or “legal holiday” (as defined in Bankruptcy Rule 9006(a)). 
 2.2.49 “Cash” means the legal tender
of the United States of America or the equivalent thereof. 
 2.2.50 “Cause of Action” means any action, claim,
cause of action, controversy, demand, right, action, Lien, indemnity, guaranty, suit, obligation, liability, damage, judgment, account, defense, offset, power, privilege, license and franchise of any kind or character whatsoever, known, unknown,
contingent or non-contingent, matured or unmatured, suspected or unsuspected, liquidated or unliquidated, disputed or undisputed, secured or unsecured, assertable directly or derivatively, whether arising before, on, or after the Petition Date, in
contract or in tort, in law or in equity or pursuant to any other theory of law. Causes of Action also include: (a) any right of setoff, counterclaim or recoupment and any claim on contracts or for breaches of duties imposed by law or in
equity; (b) the right to object to Claims or interests; (c) any claim pursuant to section 362 of the Bankruptcy Code; (d) any Avoidance Action; (e) any claim or defense, including fraud, mistake, duress and usury and any other
defenses set forth in section 558 of the Bankruptcy Code; and (f) any state law fraudulent transfer claim. 
 2.2.51
“Certificate” means any instrument evidencing a Claim or an Equity Interest. 
 2.2.52 “Certified
Ineligible Claim” means a (a) General Unsecured Claim or (b) Retiree Settlement Unsecured Claim, in either case, that is held by an 1145-Only Participant and is not an 1145 Eligible Claim or a 4(2) Eligible Claim. 

  
 -6-

 2.2.53 “Chapter 11 Cases” means (a) when used with reference to a
particular Debtor, the chapter 11 case pending for that Debtor under chapter 11 of the Bankruptcy Code in the Bankruptcy Court and (b) when used with reference to all Debtors, the jointly administered chapter 11 cases pending for the Debtors in
the Bankruptcy Court. 
 2.2.54 “Claim” means any claim against a Debtor as defined in section 101(5) of the
Bankruptcy Code. 
 2.2.55 “Claims Bar Date” means (a) 5:00 p.m. (Eastern Time) on July 17, 2012 or
(b) such other date established by order of the Bankruptcy Court by which Proofs of Claim must have been filed, including the Administrative Claim Bar Date. 

2.2.56 “Claims Objection Bar Date” means (a) the date that is the later of (i) 180 days
after the Effective Date, or (ii) as to Proofs of Claim filed after the applicable Claims Bar Date, the
60th day after a Final Order is entered by the Bankruptcy
Court deeming the late-filed Proof of Claim to be treated as timely filed; or (b) such later date as may be established by order of the Bankruptcy Court upon a motion by the Reorganized Debtors, with notice only to those parties entitled to
receive notice pursuant to Bankruptcy Rule 2002. 
 2.2.57 “Claims Register” means the official register of
Claims maintained by the Notice and Claims Agent. 
 2.2.58 “Class” means a class of Claims or Equity Interests
as set forth in Article 4 pursuant to section 1122(a) of the Bankruptcy Code. 
 2.2.59 “Committee’s Lien
Challenge” means the adversary proceeding pending in the Bankruptcy Court and assigned case number 12-01947 (ALG), as well as all claims, objections, and causes of action asserted therein. 

2.2.60 “Compensation and Benefits Programs” means all contracts, plans, policies, agreements, programs and other
arrangements (and all amendments and modifications thereto) for compensation or benefits, in each case in place as of the Effective Date, applicable to the Debtors’ directors, officers or employees who served in such capacity at any time,
including all savings plans, retirement plans, health care plans, travel benefits, vacation benefits, welfare benefits, disability plans, severance benefit plans, incentive or retention plans and life, accidental death and dismemberment insurance
plans, that are not (a) rejected or terminated prior to the Effective Date; (b) for the avoidance of doubt, Retiree Benefits terminated pursuant to the Retiree Settlement; (c) listed in the Plan Supplement to be rejected or terminated
as of the Effective Date; (d) as of the Effective Date, the subject of a pending motion to reject; or (e) Non-Qualified Plans. 
 2.2.61 “Confirmation” means the entry of the Confirmation Order on the docket of the Chapter 11 Cases. 
 2.2.62 “Confirmation Date” means the date upon which the Bankruptcy Court enters the Confirmation Order on the docket of the Chapter 11 Cases. 

  
 -7-

 2.2.63 “Confirmation Hearing” means the hearing held by the Bankruptcy
Court to consider Confirmation of the Plan pursuant to section 1129 of the Bankruptcy Code. 
 2.2.64 “Confirmation
Order” means the order entered by the Bankruptcy Court confirming the Plan pursuant to section 1129 of the Bankruptcy Code. 
 2.2.65 “Consummation” means the occurrence of the Effective Date. 

2.2.66 “Convenience Claim” means (a) any Unsecured Claim Allowed in an amount equal to or less than $10,000, or
(b) any Unsecured Claim Allowed in an amount greater than $10,000 but which is reduced to $10,000 by an irrevocable written election of the Holder of such Claim made on a properly executed and delivered Ballot; provided that any Unsecured Claim
that was originally Allowed in excess of $10,000 may not be subdivided into multiple Unsecured Claims of $10,000 or less for purposes of receiving treatment as a Convenience Claim; provided further that, notwithstanding the foregoing, Subsidiary
Convenience Claims shall not be Convenience Claims. 
 2.2.67 “Convertible DIP Term Loans” means the aggregate
principal amount of DIP Term Loans that are convertible into Emergence Rollover Term Loans pursuant to and in accordance with the Emergence Term Loan Credit Agreement. 
 2.2.68 “Creditors’ Committee” means the official committee of unsecured creditors of the Debtors appointed by the U.S. Trustee in the Chapter 11 Cases on January 25, 2012,
pursuant to section 1102 of the Bankruptcy Code, as may be reconstituted from time to time. 
 2.2.69 “D&O Liability
Insurance Policies” means all insurance policies for directors’ and officers’ liability maintained by the Debtors issued prior to the Effective Date, including any such “tail” policies, in each case with any amendments,
supplements or modifications after the date of the Backstop Commitment Agreement reasonably satisfactory to the Backstop Parties. 
 2.2.70 “Debtors” has the meaning set forth in the Introduction hereto. 
 2.2.71 “DIP ABL Agent” means Citicorp North America, Inc., as agent and collateral agent to the lenders pursuant to the DIP ABL Credit Agreement. 

2.2.72 “DIP ABL Claim” means a Claim held by the DIP ABL Parties arising out of a loan or loans to the Debtors pursuant
to the terms of the DIP ABL Credit Agreement. 
 2.2.73 “DIP ABL Credit Agreement” means the
debtor-in-possession credit agreement, dated as of January 20, 2012, among Kodak, certain of Kodak’s subsidiaries and the DIP ABL Parties, as such agreement may be replaced from time to time. 

2.2.74 “DIP ABL Parties” means the DIP ABL Agent and the banks, financial institutions and other lenders party to the
DIP ABL Credit Agreement from time to time. 

  
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 2.2.75 “DIP Credit Agreements” mean the DIP ABL Credit Agreement and the
DIP Term Loan Credit Agreement. 
 2.2.76 “DIP Facility Agents” mean the DIP ABL Agent and the DIP Term Loan
Agent. 
 2.2.77 “DIP Facility Claims” means the DIP ABL Claims and the DIP Term Loan Claims. 

2.2.78 “DIP Order” means that certain Order (I) Authorizing Debtors (A) to Obtain Post-Petition Financing
Pursuant to 11 U.S.C. §§ 105, 361, 362, 364(c)(1), 364(c)(2), 364(c)(3), 364(d)(1) and 364(e) and (B) to Continue to Utilize Cash Collateral Pursuant to 11 U.S.C. § 363 and (II) Granting Adequate Protection to Pre-Petition
Secured Parties Pursuant to 11 U.S.C. §§ 361, 362, 363 and 364 [Docket No. 2926] entered by the Bankruptcy Court on January 24, 2013, as amended by the Order Amending Order (I) Authorizing Debtors (A) to Obtain
Post-Petition Financing Pursuant to 11 U.S.C. §§ 105, 361, 362, 364(c)(1), 364(c)(2), 364(c)(3), 364(d)(1) and 364(e) and (B) to Continue to Utilize Cash Collateral Pursuant to 11 U.S.C. § 363 and (II) Granting Adequate
Protection to Pre-Petition Secured Parties Pursuant to 11 U.S.C. §§ 361, 362, 363 and 364 [Docket No. 3279] entered by the Bankruptcy Court on March 8, 2013. 

2.2.79 “DIP Parties” means the DIP ABL Parties and the DIP Term Loan Parties. 

2.2.80 “DIP Term Loan Credit Agreement” means the debtor-in-possession credit agreement, dated as of March 22,
2013, among Kodak, each of the other Debtors, and the DIP Term Loan Parties, as such agreement may be replaced from time to time. 
 2.2.81 “DIP Term Loan Agent” means Wilmington Trust, National Association, as agent to the lenders pursuant to the DIP Term Loan Credit Agreement. 

2.2.82 “DIP Term Loan Claim” means a Claim arising under the DIP Term Loan Credit Agreement. 

2.2.83 “DIP Term Loan Documents” means the DIP Term Loan Credit Agreement and all other loan and security documents
relating to the DIP Term Loan Credit Agreement, in each case, as the same may be replaced from time to time. 
 2.2.84
“DIP Term Loan Parties” means the DIP Term Loan Agent and the banks, financial institutions and other lenders party to the DIP Term Loan Credit Agreement from time to time. 

2.2.85 “DIP Term Loans” means the Junior Loans and the New Money Loans outstanding from time to time. 

2.2.86 “Disputed Claim” means any Claim that has not been Allowed. 

  
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 2.2.87 “Disputed Claims Reserve” means the reserve to be created and
maintained under this Plan: (a) with respect to New Common Stock, on the Reorganized Debtors’ and the Reorganized Debtors’ stock transfer agent’s books and records, and (b) with respect to Cash, in a segregated account of
the Reorganized Debtors. For the avoidance of doubt, all shares of New Common Stock in the Disputed Claims Reserve shall be reserved from the Unsecured Creditor New Common Stock Pool. 

2.2.88 “Distribution” means a distribution of property pursuant to the Plan, to take place as provided for herein.

 2.2.89 “Distribution Agent” means the Reorganized Debtors or any Entity or Entities chosen by the
Reorganized Debtors, and may include the Notice and Claims Agent. 
 2.2.90 “Distribution Date” means the
Initial Distribution Date and each Subsequent Distribution Date. 
 2.2.91 “Distributions Record Date” means,
for the purpose of making Distributions hereunder, the Confirmation Date. 
 2.2.92 “Effective Date” means,
following the Confirmation Date, 12:01 a.m. prevailing Eastern time on a Business Day selected by the Debtors, in consultation with the Requisite Backstop Parties, on which all conditions to the occurrence of the Effective Date set forth in Article
11.1 and Article 11.2 hereof are satisfied or waived. 
 2.2.93 “Effective Date Share Issuance” means a number
of shares of New Common Stock equal to the sum of (a) 40 million plus (b) to the extent applicable, the number of shares of New Common Stock issued to satisfy (x) payment of the Backstop Fees and (y) the Retiree Committee
Conversion Right. 
 2.2.94 “Emergence ABL Credit Agreement” means a revolving credit facility the material
terms of which are set forth in the Plan Supplement, in form and substance reasonably acceptable to the Requisite Backstop Parties and the Creditors’ Committee. 
 2.2.95 “Emergence Credit Facilities” means the Emergence ABL Credit Agreement, the Emergence Term Loan Credit Agreement and any alternative exit financing, the material terms of which are
set forth in the Plan Supplement; it being understood that the following shall be deemed reasonably acceptable to the Requisite Backstop Parties and the Creditors’ Committee: (x) the Emergence Rollover Credit Agreement with an outstanding
principal balance of not more than $654 million (after giving effect to the Effective Date) or (y) any alternative exit financing that contains more favorable terms (taken as a whole) than the Emergence Rollover Credit Agreement;
provided that the aggregate principal balance of the term loan component of such alternative exit financing does not exceed $695 million (after giving effect to the Effective Date), but subject to the Debtors’ right to increase such
aggregate principal balance to $725 million with the Requisite Backstop Parties’ and Creditors’ Committee’s consent (which consent shall not be unreasonably withheld, conditioned or delayed). An increase of the aggregate principal
amount of any alternative exit financing in excess of $725 million shall require the consent of the Requisite Backstop Parties and the Creditors’ Committee. 

  
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 2.2.96 “Emergence Credit Facility Documents” means all loan and security
documents, intercreditor agreements and other documents and filings related to the facility, in each case (x) related to the Emergence Credit Facilities and as the same may be replaced from time to time and (y) with respect to the
Alternate Emergence Term Loan Credit Agreement and the Emergence ABL Credit Agreement, in form and substance reasonably satisfactory to the Debtors, the administrative and collateral agents under such Emergence Credit Facilities and the lenders
thereunder. 
 2.2.97 “Emergence Credit Facility Parties” means the banks, financial institutions and other
lenders party to the Emergence Credit Facilities from time to time, including the administrative agents, arrangers and bookrunners under the Emergence Credit Facility Documents and the lenders thereunder. 

2.2.98 “Emergence Rollover Credit Agreement” means the term loan agreement in the form attached as Exhibit G to the DIP
Term Loan Credit Agreement or such other agreement the material terms of which are set forth in the Plan Supplement. 
 2.2.99
“Emergence Rollover Term Loans” means the term loans to be issued under the Emergence Rollover Credit Agreement. 
 2.2.100 “Emergence Term Loan Credit Agreement” means (a) if the Emergence Rollover Term Loans are issued on the Effective Date, the Emergence Rollover Credit Agreement, together with
any other credit agreement(s) evidencing term loans executed by the Reorganized Debtors on the Effective Date to the extent permitted under the Emergence Rollover Credit Agreement or (b) if the Emergence Rollover Term Loans are not issued on
the Effective Date, an alternative credit agreement or agreements (the “Alternate Emergence Term Loan Credit Agreement”) (i) in substantially the form to be attached to the Plan Supplement or (ii) the material terms of
which are set forth in the Plan Supplement, in either case, which shall (x) provide for sufficient financing to repay in full the DIP Term Loan Claims and (y) be in form and substance reasonably satisfactory to the Debtors, the
administrative agents under such Emergence Term Loan Credit Agreement and the lenders thereto. 
 2.2.101
“Entity” has the meaning set forth in section 101(15) of the Bankruptcy Code. 
 2.2.102 “Environmental
Law” means, whenever in effect, all federal, tribal, state and local statutes, regulations, ordinances and similar provisions having the force or effect of law; all judicial and administrative orders, agreements and determinations and all
common law concerning public health and safety, work health and safety, pollution or protection of the environment, including the Atomic Energy Act; CERCLA; the Clean Water Act; the Clean Air Act; the Emergency Planning and Community Right-to-Know
Act; the Federal Insecticide, Fungicide, and Rodenticide Act; RCRA; the Safe Drinking Water Act; the Toxic Substances Control Act; and any tribal, state or local equivalents. 

  
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 2.2.103 “Equity Interest” means any equity security (as defined in section
101(16) of the Bankruptcy Code), including any issued or unissued share of common stock, preferred stock, or other instrument evidencing an ownership interest in a Debtor, whether or not transferable, and any option, warrant or right, contractual or
otherwise, to acquire any such interest in a Debtor that existed immediately prior to the Effective Date and any phantom stock or similar stock unit provided pursuant to the Debtors’ Prepetition employee compensation program; provided that
Equity Interest does not include any Intercompany Interest. 
 2.2.104 “ERISA” means the Employee Retirement
Income Security Act of 1974, as amended. 
 2.2.105 “Estate” means, as to each Debtor, the estate created for
the Debtor in its Chapter 11 Case pursuant to section 541 of the Bankruptcy Code. 
 2.2.106 “Excess Property”
means property in the Disputed Claims Reserve that Reorganized Kodak determines in its discretion should be made available for Distribution to the Holders of General Unsecured Claims, including because a Disputed General Unsecured Claim for which
Distributions have been held in the Disputed Claims Reserve has been finally disallowed or resolved for a lesser amount than had been reserved with respect to such claim. 
 2.2.107 “Exchange Rate” means the closing exchange rate on January 18, 2012, as published by The Wall Street Journal. 

2.2.108 “Exculpated Parties” means the Reorganized Debtors and the Released Parties. 

2.2.109 “Executory Contract” means a contract that a Debtor may assume or reject under section 365 or 1123 of the
Bankruptcy Code. 
 2.2.110 “Federal Judgment Rate” means the federal judgment rate in effect as of the
Petition Date. 
 2.2.111 “Fee Examiner” means Richard Stern, as Fee Examiner appointed under the Stipulation
and Order with Respect to Appointment of a Fee Examiner, dated August 15, 2012 [Docket No. 1872]. 
 2.2.112 “Final
Order” means, as applicable, an order or judgment of the Bankruptcy Court or other court of competent jurisdiction with respect to the relevant subject matter, which has not been reversed, stayed, modified or amended, and as to which the
time to appeal, seek certiorari or move for a new trial, re-argument or rehearing has expired and no appeal, petition for certiorari or motion for a new trial, re-argument or rehearing has been timely filed, or as to which any appeal that has been
taken, any petition for certiorari, or motion for a new trial, review, re-argument, or rehearing that has been or may be filed has been resolved by the highest court to which the order or judgment was appealed or from which certiorari was sought;
provided that the possibility that a motion under Rule 60 of the Federal Rules of Civil Procedure, as made applicable by Rule 9024 of the Federal Rules of Bankruptcy Procedure, may be filed relating to such order shall not cause such order to not be
a Final Order. 
 2.2.113 “Final Wages Order” means the Final Order Authorizing, but not Directing, Debtors to
(A) Pay Certain Prepetition Wages and Reimbursable Employee Expenses, (B) Pay and Honor Employee Medical and Other Benefits and (C) Continue Employee Benefit Programs, dated February 28, 2012 [Docket No. 444]. 

  
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 2.2.114 “Fully Diluted Effective Date Share Issuance” means a number of
shares of New Common Stock equal to the quotient of (rounded down to the nearest full share) (a) the Effective Date Share Issuance, divided by (b) 90% (or such lower percentage (but not less than 88%) as may be determined by the Requisite
Backstop Parties prior to the Effective Date). 
 2.2.115 “General Administrative Claim” means an
Administrative Claim other than a DIP Facility Claim or a Professional Claim. 
 2.2.116 “General Unsecured
Claim” means an Unsecured Claim that is not a Retiree Settlement Unsecured Claim, Convenience Claim or Subsidiary Convenience Claim. 
 2.2.117 “GOT Adversary Proceeding” means the adversary proceeding captioned Global OLED Technology, LLC v. Eastman Kodak Co., Adv. Pro. No. 12-02070 (ALG), commenced by Global OLED
Technology LLC (“GOT”) asserting claims and an ownership interest in eighteen Kodak patents (the “GOT Adversary Patents”) and claims to certain royalty payments relating to a patent license agreement with Pioneer Electronic
Corporation (the “GOT Royalties”). 
 2.2.118 “Governmental Unit” means a governmental unit as defined
in section 101(27) of the Bankruptcy Code. 
 2.2.119 “Holdback Amount” means the aggregate amount of the
Professionals’ fees billed to the Estates prior to the Confirmation Date and allowed by the Bankruptcy Court pursuant to sections 330(a)(1) or 331 of the Bankruptcy Code, that are held back pursuant to the Professional Fee Order or any other
order of the Bankruptcy Court. 
 2.2.120 “Holder” means an Entity holding a Claim against or an Equity
Interest in any of the Debtors. 
 2.2.121 “Impaired” means, with respect to any Claim or Equity Interest, a
Claim or Equity Interest that is in a Class that is “impaired” within the meaning of section 1124 of the Bankruptcy Code. 
 2.2.122 “Indemnified Parties” means any current and former directors, officers (including the chief restructuring officer and interim management), managers, employees, attorneys,
restructuring advisors, other professionals, representatives and agents of the Debtors in such capacity on or after the Petition Date and with respect to each of the foregoing current and former directors’, officers’, managers’, and
employees’ respective Affiliates who are the beneficiaries of an indemnification provision as set forth in Article 8.8. 

2.2.123 “Indenture Trustees” means the Second Lien Indenture Trustee and Unsecured Notes Trustee. 

2.2.124 “Initial Distribution Date” means the Business Day that is as soon as practicable after the Effective Date when
Distributions under the Plan shall commence, which date shall be no later than 20 Business Days after the Effective Date unless extended by the Bankruptcy Court for cause shown. 

  
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 2.2.125 “Intercompany Claim” means any Claim held by a Debtor against
another Debtor or a subsidiary of a Debtor or any Claim held by a subsidiary of a Debtor against a Debtor. 
 2.2.126
“Intercompany Interest” means any equity security (as defined in section 101(16) of the Bankruptcy Code), including any issued or unissued share of common stock, preferred stock, or other instrument, evidencing an ownership interest
in a Debtor (other than Kodak) or a subsidiary held by another Debtor. 
 2.2.127 “Internal Revenue Code” means
the United States Internal Revenue Code of 1986, as amended from time to time, and the U.S. Department of Treasury regulations promulgated thereunder. 
 2.2.128 “Junior Loans” has the meaning set forth in the DIP Term Loan Credit Agreement. 
 2.2.129 “Kodak” has the meaning set forth in the Introduction hereto. 
 2.2.130 “Kodak GUC Trust” means the liquidating trust established under Article 16 hereof. 
 2.2.131 “Kodak GUC Trust Agreement” means the agreement among the Kodak GUC Trustee, the Debtors, and the Creditors’ Committee governing the Kodak GUC Trust in form and substance
reasonably satisfactory to the Creditors’ Committee and the Requisite Backstop Parties and substantially the form included in the Plan Supplement. 
 2.2.132 “Kodak GUC Trust Avoidance Actions” means all Avoidance Actions other than the Retained Avoidance Actions. 

2.2.133 “Kodak GUC Trust Disputed Claims Reserve” means any assets of the Kodak GUC Trust allocable to, or retained on
account of, Disputed Claims. 
 2.2.134 “Kodak GUC Trust Initial Amount” means Cash in the amount of $3 million
to be deposited by the Debtors into the Kodak GUC Trust on the Effective Date. 
 2.2.135 “Kodak GUC Trustee”
means a trustee or co-trustee of the Kodak GUC Trust in accordance with the terms of the Kodak GUC Trust Agreement. 
 2.2.136
“KPP” means the Kodak Pension Plan (UK) established by Kodak Limited for the benefit of retirees and other employees of Kodak Limited. 
 2.2.137 “KPP Claims” means (a) the Unsecured Claim of the KPP against Kodak arising from the Guaranty Agreement, effective October 9, 2007 (as amended) among Kodak, the KPP
Trustees Limited and Kodak Limited and (b) the unliquidated claims of KPP filed against each of the Debtors arising out of the power of the Pensions Regulator of the United Kingdom, under the Pensions Act of 2004, to issue a financial support
direction under certain circumstances to any company connected with, or an associate of, a company which is an employer in relation to an occupational pension plan in the U.K. 

  
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 2.2.138 “KPP Global Settlement” means, pursuant to an order of the
Bankruptcy Court: (a) the extinguishment, on or prior to the Effective Date, of the KPP Claims and all other material claims by KPP against the Debtors and the non-Debtor Affiliates arising out of the underfunding of the KPP; (b) the
disposition to the KPP or a third party approved by the KPP of all or substantially all of the assets of the Document Imaging and Personalized Imaging businesses as currently conducted; and (c) the receipt by the Debtors of Cash consideration
from the foregoing transactions in an amount sufficient to enable the Debtors to meet the conditions precedent to the effectiveness of the Plan. The KPP Global Settlement may be effected in one transaction or a series of transactions, under the
Bankruptcy Code or applicable non-bankruptcy law. 
 2.2.139 “KRIP” means the Kodak Retirement Income Plan.

 2.2.140 “Lien” means a lien as defined in section 101(37) of the Bankruptcy Code. 

2.2.141 “Management Employee” means the Debtors’ officers for purposes of section 16 of the Securities Exchange Act
of 1934 (as in effect during calendar year 2011 and these Chapter 11 Cases) and any relative of such officers. 
 2.2.142
“New Board of Directors” means the initial board of directors of Reorganized Kodak, which will be appointed in accordance with Article 6.4 herein. 
 2.2.143 “New Common Stock” means common stock of Reorganized Kodak, par value $0.01, authorized pursuant to the Reorganized Kodak Certificate of Incorporation. 

2.2.144 “New Equity Plan” means an equity based incentive plan or award, in form and substance reasonably satisfactory
to the Requisite Backstop Parties and the form or material terms of which have been disclosed to the Creditors’ Committee prior to filing in the Plan Supplement, that will authorize full value equity awards (or the equivalent financial value in
options or stock-appreciation rights) with respect to a number of shares of New Common Stock for distribution by the New Board of Directors equal to the difference between (a) the Fully Diluted Effective Date Share Issuance minus (b) the
Effective Date Share Issuance which shares shall be subject to customary anti-dilution protection. 
 2.2.145 “New
Management Agreements” means employment agreements, in form and substance reasonably satisfactory to the Requisite Backstop Parties and the Creditors’ Committee, between certain individuals in senior management (the identity of which
shall be satisfactory to the Requisite Backstop Parties and the Creditors’ Committee) and Reorganized Kodak. 
 2.2.146
“New Money Loans” has the meaning set forth in the DIP Term Loan Credit Agreement. 

  
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 2.2.147 “New Non-Qualified Employee Compensation Plan” means a plan for
eligible Active Employees, which plan shall include initial balances equal to such employees’ balances as of the Effective Date under the Non-Qualified Deferred Compensation Plan; provided that any such Active Employee waives any and all Claims
with respect to such employee’s rights or interest in the Non-Qualified Deferred Compensation Plan. 
 2.2.148
“Non-Qualified Deferred Compensation Plan” means the 1982 Eastman Kodak Company Executive Deferred Compensation Plan. 
 2.2.149 “Non-Qualified Plan Accrual Claim” means an Administrative Claim earned by an Active Employee as a postpetition accrual under a Non-Qualified Plan in accordance with the Final
Wages Order. 
 2.2.150 “Non-Qualified Plans” mean: (a) the Kodak Excess Retirement Income Plan;
(b) the Kodak Unfunded Retirement Income Plan; (c) the Kodak Company Global Pension Plan for International Employees; (d) the Non-Qualified Deferred Compensation Plan; (e) the Eastman Kodak Deferred Compensation Plan for
Directors; and (f) any letter agreement between a Debtor and any current or former employee of the Debtors or any of their Affiliates providing for supplemental non-qualified pension benefits. 

2.2.151 “Non-Qualified Pension Stipulation” means the Stipulation, dated as of June [•], 2013, between Kodak and
EKRA Ltd., Sandra Feil, Robert LaRossa, Gary Van Graeefeiland, James E. Moxley, Paul Kosieracki, Robert LaPerle, John Chiazza, James Stoffel, Kenneth Hoffman, and Mark Morris, resolving the Motion Pursuant to 11 U.S.C. § U.S.C. 1102(a)(2) for
Appointment of a Committee to Represent Holders of KERIP and KURIP Claims [Docket No. •], as approved by order of the Bankruptcy Court on [•], 2013 [Docket No. [•]. 

2.2.152 “Non-Qualified Pension Unsecured Claims” means the Unsecured Claims Allowed pursuant to the Non-Qualified
Pension Stipulation. 
 2.2.153 “Notice and Claims Agent” means Kurtzman Carson Consultants LLC, located at
2335 Alaska Avenue, El Segundo, California 90245, retained and approved by the Bankruptcy Court as the Debtors’ notice and claims agent. 
 2.2.154 “Old Republic Insurance Policies and Agreements” means the insurance policies issued to, or insurance agreements or claims servicing agreements entered into by, any one or more of
the Debtors prior to the Petition Date with Old Republic Insurance Company. 
 2.2.155 “Ordinary Course General
Administrative Claim” means a General Administrative Claim that is a monetary obligation for (a) goods or services incurred by the Debtors in the ordinary course of the Debtors’ business or (b) Compensation and Benefits
Programs. 
 2.2.156 “Other Priority Claim” means any Claim accorded priority in right of payment under section
507(a) of the Bankruptcy Code, other than an Administrative Claim, DIP Facility Claim or Priority Tax Claim. 

  
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 2.2.157 “Other Secured Claim” means any Secured Claim other than the DIP
Facility Claims or the Second Lien Notes Claims. 
 2.2.158 “Outstanding Principal Amount” means $375,000,000,
which is the outstanding principal amount of the Second Lien Notes as of the Effective Date. 
 2.2.159 “Per Share
Price” means $11.94. 
 2.2.160 “Person” has the meaning set forth in section 101(41) of the
Bankruptcy Code. 
 2.2.161 “Petition Date” means January 19, 2012. 

2.2.162 “Plan” has the meaning set forth in the Introduction hereto. 

2.2.163 “Plan Supplement” means the compilation of documents and forms of documents, schedules and exhibits to the Plan,
to be filed by Kodak and available on the Notice and Claims Agent’s website, www.kccllc.net/Kodak, no later than 7 days prior to the Voting Deadline or such later date as may be approved by the Bankruptcy Court, and additional documents
filed with the Bankruptcy Court prior to the Effective Date as amendments to the Plan Supplement, in each case in form and substance reasonably satisfactory to the Requisite Backstop Parties and, with respect to the form or material terms of any
Alternate Emergence Term Loan Credit Agreement or Emergence ABL Credit Agreement (or the form or material terms of any other Emergence Credit Facility Documents with respect thereto), in form and substance reasonably satisfactory to the Requisite
Backstop Parties and the applicable Emergence Credit Facility Parties.2 
 2.2.164 “Post-Effective Date Business” means the business,
assets and properties of the Reorganized Debtors and their Affiliates as described in the Amended Disclosure Statement. 

2.2.165 “Prepetition” means prior to the Petition Date of January 19, 2012. 

2.2.166 “Priority Tax Claim” means any Claim of a Governmental Unit of the kind specified in section 507(a)(8) of the
Bankruptcy Code. 
 2.2.167 “Pro Rata” means, with respect to an Allowed Claim, the percentage represented by a
fraction (a) the numerator of which shall be an amount equal to such Claim, and 
  

	2 	 The Plan Supplement may include, among other documents, the following: (a) the form of Reorganized Kodak Certificate of Incorporation and other
organizational documents of the Debtors; (b) the form or material terms of the Emergence Credit Facility Documents; (c) the identity and affiliations of each director and officer of the Reorganized Debtors, as well as the nature and amount
of compensation of any director or officer who is an insider under section 101(31) of the Bankruptcy Code; (d) the form or material terms of the New Equity Plan, New Non-Qualified Employee Compensation Plan and New Management Agreements, as
applicable; (e) a list of Specified Contracts; (f) a list of certain contractual indemnification obligations assumed by the Debtors pursuant to section 8.10 of the Plan; (g) the form of Warrants and related Warrant Agreement;
(h) the form of Registration Rights Agreement; (i) the Kodak GUC Trust Agreement; and (j) the members of the Trust Advisory Board. 

  
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(b) the denominator of which shall be an amount equal to the aggregate amount of Allowed, Disputed and estimated Claims in the same Class as such Claim, except in cases where Pro Rata is used in
reference to multiple Classes, in which case Pro Rata means the proportion that such Holder’s Claim in a particular Class bears to the aggregate amount of all Allowed, Disputed and estimated Claims in such multiple Classes. 

2.2.168 “Professional” means an Entity: (a) employed pursuant to a Bankruptcy Court order in accordance with
sections 327, 363 or 1103 of the Bankruptcy Code and to be compensated for services rendered prior to or on the Confirmation Date, pursuant to sections 327, 328, 329, 330, 331 and 363 of the Bankruptcy Code or (b) awarded compensation and
reimbursement by the Bankruptcy Court pursuant to section 503(b)(4) of the Bankruptcy Code. 
 2.2.169 “Professional
Claim” means an Administrative Claim for the compensation of a Professional and the reimbursement of expenses incurred by such Professional through the Confirmation Date. 

2.2.170 “Professional Fee Escrow Account” means an account to be funded by the Reorganized Debtors upon the Effective
Date in an amount equal to the Professional Fee Reserve Amount. 
 2.2.171 “Professional Fee Order” means that
certain order of the Bankruptcy Court entered on February 15, 2012, as amended by the order of the Bankruptcy Court entered on October 19, 2012, establishing procedures for interim compensation and reimbursement of expenses of
Professionals. 
 2.2.172 “Professional Fee Reserve Amount” means the aggregate amount of unpaid Professional
Claims for all Professionals through the Confirmation Date as estimated, in the Debtors’ reasonable discretion after consultation with the Requisite Backstop Parties of the preliminary estimate, in accordance with Article 3.4.3 herein.

 2.2.173 “Proof of Claim” means a proof of Claim filed against any of the Debtors in the Chapter 11 Cases.

 2.2.174 “Qualex Base Plan” means the Qualex Inc. Base Pension Plan. 

2.2.175 “Qualified Defined Benefit Plans” mean the (a) KRIP, (b) Qualex Base Plan, (c) Local 966 Pension
Plan and (d) Kodak Philippines Ltd. Retirement Plan. 
 2.2.176 “Qualified Defined Contribution Plans”
mean: (a) the Eastman Kodak Employees’ Savings and Investment Plan; (b) the Kodak Subsidiaries’ Savings Plan; (c) the Kodak Imaging Network, Inc. 401(k) Salary Savings Plan; (d) the Qualex Inc. 401(k) Plan; and
(e) the Laser-Pacific Media Corporation Employees’ 401(k)-Retirement Plan. 
 2.2.177 “Qualified
Plans” mean the Qualified Defined Benefit Plans and the Qualified Defined Contribution Plans. 

  
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 2.2.178 “Reinstated” has the meaning pursuant to section 1124 and all other
applicable sections of the Bankruptcy Code. 
 2.2.179 “Released Parties” means (a) the Debtors and the
Reorganized Debtors, (b) the current and former directors, officers (including the chief restructuring officer and interim management), employees, agents, attorneys, financial advisors, restructuring advisors, investment bankers, accountants,
and other professionals or representatives of the Debtors and the Reorganized Debtors, in their capacities as such, (c) the DIP Facility Agent and the DIP Parties, in their capacity as such, (d) the Second Lien Indenture Trustee, the
Second Lien Committee and its current and former members, in their capacity as members thereof, (e) Emergence Credit Facility Parties, in their capacity as such, (f) the Creditors’ Committee and its current and former members, in
their capacities as such, (g) the Unsecured Notes Trustee, in its capacity as such, (h) the Retiree Committee and its current and former members, in their capacities as such, (i) the Backstop Parties and (j) with respect to each
Entity named in (a) through (i) above, such Entity’s directors, officers, employees, agents, Affiliates, parents, subsidiaries, predecessors, successors, heirs, executors and assigns, attorneys, financial advisors, restructuring
advisors, investment bankers, accountants and other Professionals or representatives when acting in any such capacities. 

2.2.180 “Releases by Holders of Claims” means the release by Holders of Claims set forth in Article 12.6 herein.

 2.2.181 “Releasing Parties” means (a) the DIP Parties, (b) the Creditors’ Committee and its
members, (c) the members of the Second Lien Committee, (d) the Retiree Committee and its members, (e) the Second Lien Indenture Trustee, (f) the Unsecured Notes Trustee, (g) the Backstop Parties and (h) each Holder of a
Claim that (i) affirmatively votes to accept the Plan or (ii) either (A) abstains from voting or (B) votes to reject the Plan, and, in case of either (A) or (B), does not opt out of the Releases by Holders of Claims in
compliance with the instructions set forth in the Solicitation Materials. 
 2.2.182 “Reorganized” means, with
respect to the Debtors, any Debtor or any successor thereto, by merger, consolidation, reorganization or otherwise, on or after the Effective Date. 
 2.2.183 “Reorganized Debtors” means the Debtors, as reorganized pursuant to and under the Plan, or any successor thereto, by merger, consolidation or otherwise, on or after the Effective
Date. 
 2.2.184 “Reorganized Kodak” means Kodak, as reorganized pursuant to and under the Plan, or any
successor thereto, by merger, consolidation or otherwise, on or after the Effective Date. 
 2.2.185 “Reorganized Kodak
Certificate of Incorporation” means the amended and restated Certificate of Incorporation of Reorganized Kodak in the form set forth in the Plan Supplement, which shall be reasonably acceptable to the Requisite Backstop Parties and the
Creditors’ Committee. 

  
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 2.2.186 “Requisite Backstop Parties” has the meaning set forth in the
Backstop Commitment Agreement; provided that to the extent the consent or approval of the Required Backstop Parties is required or contemplated hereunder after the Effective Date, it shall mean the approval of the New Board of Directors.

 2.2.187 “Retained Avoidance Actions” means all Avoidance Actions against any (a) Released Party,
(b) Holder of Allowed Second Lien Notes Claims, solely in their capacity as a holder of Second Lien Notes, and (c) employee, landlord, vendor, customer, joint venture partner, or non-debtor party to any Specified Contract or open purchase
order, in each case, related or useful to the Post-Effective Date Business as reasonably determined by the Reorganized Debtors in consultation with the Creditors’ Committee. 

2.2.188 “Retiree Benefits” has the meaning set forth in section 1114(a) of the Bankruptcy Code. 

2.2.189 “Retiree Committee” means the Official Committee of Retired Employees appointed by the U.S. Trustee on
May 3, 2012 and May 17, 2012 under section 1114(d) of the Bankruptcy Code. 
 2.2.190 “Retiree Committee
Administrative Claim” means the Administrative Claim Allowed pursuant to the Retiree Settlement. 
 2.2.191
“Retiree Committee Conversion Right” means the Retiree Committee’s right set forth in the Retiree Settlement to elect to receive shares of New Common Stock (in lieu of Cash), on account of all or a portion of the Retiree
Committee Administrative Claim. If the Retiree Committee Conversion Right is exercised for all or a portion of the Retiree Committee Administrative Claim, the number of shares of New Common Stock to be issued in connection therewith is equal to the
quotient of (a) the applicable amount of the Retiree Committee Administrative Claim subject to the conversion, divided by (b) the Per Share Price (rounded down to the nearest full share). 

2.2.192 “Retiree Settlement” means the Settlement Agreement, dated as of November 6, 2012, between Kodak and the
Retiree Committee, relating to the modification of certain Retiree Benefits, as approved by order of the Bankruptcy Court on November 7, 2012 [Docket No. 2302]. 
 2.2.193 “Retiree Settlement Unsecured Claim” means the $635 million Unsecured Claim Allowed pursuant to the Retiree Settlement. 

2.2.194 “Retirees” means former employees of the Debtors or Debtors’ affiliates and their eligible dependents and
any other individuals receiving benefits under a plan or program maintained or established by the Debtors as defined in the Retiree Settlement. 
 2.2.195 “Rights” means the 1145 Rights and the 4(2) Rights. 

2.2.196 “Rights Offerings Expiration Date” means the 1145 Rights Offering Expiration Date and the 4(2) Rights Offering
Expiration Date, as such terms are defined in the applicable Rights Offering Procedures. 

  
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 2.2.197 “Rights Offerings” means the 1145 Rights Offering and the 4(2)
Rights Offering. 
 2.2.198 “Rights Offerings Consideration” shall mean the aggregate of the following with
respect to each Holder’s General Unsecured Claims and Retiree Settlement Unsecured Claim: 
  

	 	(a)	On account of a Certified Ineligible Claim: 

  

	 	a.	Cash equal to: 

  

					
	 $8,000,000
	  	x 	  	Claim Amount
	  	  	((0.6478 x 1145-only Amount) + Ineligible Amount)

 where: 
 “Claim Amount” means the amount of such Certified Ineligible Claim; 

“Ineligible Amount” equals the aggregate amount of Ineligible Claims; and 

“1145-only Amount” equals the aggregate amount of 1145-Only Claims. 

 

	 	(b)	On account of an 1145-Only Claim: 

  

	 	a.	Cash equal to: 

  

					
	 $8,000,000
	  	x 	  	(0.6478) x Claim Amount
	  	  	((0.6478 x 1145-only Amount) + Ineligible Amount)

 where: 
 “Claim Amount” means the amount of such 1145-Only Claim; 

“Ineligible Amount” equals the aggregate amount of Certified Ineligible Claims; and 

“1145-only Amount” equals the aggregate amount of 1145 Eligible Claims that are not 4(2) Eligible Claims; and 

 

	 	b.	1145 Rights. 

  
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	 	(c)	On account of an 1145 Eligible Claim that is not an 1145-Only Claim or a 4(2) Eligible Claim: 

 

	 	a.	1145 Rights. 

  

	 	(d)	On account of a 4(2) Eligible Claim that is not an 1145 Eligible Claim, 

  

	 	a.	4(2) Rights. 

  

	 	(e)	On account of a 4(2) Eligible Claim that is an 1145 Eligible Claim: 

  

	 	a.	4(2) Rights; and 

  

	 	b.	1145 Rights. 

 A Holder shall
receive no Rights Offerings Consideration on account of an Uncertified Ineligible Claim. 
 2.2.199 “Rights Offerings
Procedures” means the 1145 Rights Offering Procedures and the 4(2) Rights Offering Procedures. 
 2.2.200
“Rights Offerings Procedures Order” means [•] [Docket No. [•]. 
 2.2.201
“Schedules” means the schedules of assets and liabilities, schedules of Executory Contracts and Unexpired Leases, and statements of financial affairs filed by the Debtors in the Chapter 11 Cases as amended from time to time.

 2.2.202 “Second Lien Acceptance” means that a sufficient quantum of Holders of Second Lien Notes Claims
necessary to satisfy the requirements of section 1126(c) of the Bankruptcy Code have voted to accept the Plan. 
 2.2.203
“Second Lien Agreed Amount” means the sum of (a) the Outstanding Principal Amount plus (b) accrued and unpaid interest thereon as of the Effective Date at the non-default contract rate applicable as of the Petition Date.

 2.2.204 “Second Lien Committee” means that certain ad hoc committee consisting of certain holders of the
Second Lien Notes and represented by Akin Gump Strauss Hauer & Feld LLP. 
 2.2.205 “Second Lien Indenture
Trustee” means Wilmington Trust, N.A., as successor trustee, registrar, paying agent and collateral agent pursuant to the Second Lien Notes Indentures and related collateral security documents. 

2.2.206 “Second Lien Make-Whole” means the purported premium payable upon an early redemption of the Second Lien Notes
under Section 3.03 of each of the Second Lien Notes Indentures. 
 2.2.207 “Second Lien Notes” means the
2018 Notes and the 2019 Notes. 

  
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 2.2.208 “Second Lien Notes Claims” means all Claims arising under or in
connection with the Second Lien Notes Indentures, including Adequate Protection Claims. 
 2.2.209 “Second Lien Notes
Indentures” means, collectively, (a) the indenture, dated as of March 5, 2010, between Kodak and The Bank of New York Mellon, under which the 2018 Notes were issued and (b) the indenture, dated as of March 15, 2011,
between Kodak and The Bank of New York Mellon, under which the 2019 Notes were issued. 
 2.2.210 “Second Lien Settlement
Amount” means a Cash payment equal to $20 million, as a full and final settlement in respect of the Second Lien Make-Whole and all other Claims arising under or in connection with the Second Lien Notes Indentures the payment of which is not
provided for in the Plan. 
 2.2.211 “Section 510(b) Claim” means any Claim arising from the rescission of a
purchase or sale of a security of the Debtors or an Affiliate of the Debtors, for damages arising from the purchase or sale of such security, or for reimbursement or contribution allowed under section 502 of the Bankruptcy Code on account of such
Claim. 
 2.2.212 “Secured Claim” means a Claim (a) secured by a Lien on property in which an Estate has
an interest, to the extent such Lien is valid, perfected and enforceable pursuant to applicable law or by reason of a Bankruptcy Court order, or that is subject to setoff pursuant to section 553 of the Bankruptcy Code and to the extent of the value
of its Holder’s interest in the Estate’s interest in such property or to the extent of the amount subject to setoff, as applicable, as determined pursuant to section 506(a) of the Bankruptcy Code or (b) Allowed as such pursuant to the
Plan. 
 2.2.213 “Securities Act” means the United States Securities Act of 1933, as amended. 

2.2.214 “Security” means a security as defined in section 2(a)(1) of the Securities Act. 

2.2.215 “Servicer” means an indenture trustee, agent, servicer or other authorized representative of Holders of Claims
or Equity Interests recognized by the Debtors or the Reorganized Debtors, as applicable. 
 2.2.216 “Solicitation
Materials” means the solicitation package, including Ballots, authorized pursuant to the Solicitation Procedures Order. 
 2.2.217 “Solicitation Procedures Order” means the Order (I) Approving the Disclosure Statement; (II) Establishing a Voting Record Date for the Plan; (III) Approving Solicitation
Packages and Procedures for the Distribution Thereof; (IV) Approving the Forms of Ballots; (V) Establishing Procedures for Voting on the Plan; (VI) Establishing Notice and Objection Procedures for Confirmation of the Plan; and (VIII)
Establishing Procedures for the Assumption and/or Assignment of Executory Contracts and Unexpired Leases under the Plan, entered by the Bankruptcy Court on June [•], 2013, together with any supplemental order(s) that may be entered by the
Bankruptcy Court in connection therewith. 

  
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 2.2.218 “Specified Contract” means any Executory Contract or Unexpired
Lease identified on the schedule of Executory Contracts and Unexpired Leases that are proposed to be assumed or assumed and assigned pursuant to the Plan. 
 2.2.219 “Stipulating Second Lien Noteholder” means a Holder of Second Lien Notes Claims that (a) duly voted to accept the Amended Plan in accordance with the Solicitation Procedures
Order, (b) enters into a stipulation with the Debtors in form and substance reasonably satisfactory to the Debtors pursuant to which the Debtors are irrevocably and unconditionally released from all obligations to pay any amounts under the
Second Lien Notes Indentures with respect to such Stipulating Second Lien Noteholder other than the Second Lien Agreed Amount and the Second Lien Settlement Amount, which stipulation shall be subject to receipt by such Holder of its Pro Rata portion
of the Second Lien Agreement Amount and Second Lien Settlement Amount and (c) enters into an instruction to the Second Lien Indenture Trustee in form and substance reasonably satisfactory to the Debtors instructing the Second Lien Indenture
Trustee not to take any action to enforce or collect any amounts due under the Second Lien Notes Indenture in excess of the Second Lien Agreed Amount, the Second Lien Settlement Amount and fees and expenses reimbursable under the Plan, which
instruction shall be subject to receipt by such Holder of its Pro Rata portion of the Second Lien Agreement Amount and Second Lien Settlement Amount. 
 2.2.220 “Subsequent Distribution Date” means a date after the Initial Distribution Date selected by Reorganized Kodak for Distributions in accordance with Article 9.2.1. 

2.2.221 “Subsidiary Convenience Claim” means an Unsecured Claim against Eastman Kodak International Capital Company,
Inc., FPC Inc., Kodak (Near East), Inc. or Kodak Philippines, Ltd. 
 2.2.222 “Trust Advisory Board” means the
members identified in the Plan Supplement as well as any successor members chosen in accordance with the provisions of the Kodak GUC Trust Agreement. 
 2.2.223 “Uncertified Ineligible Claim” means a (a) General Unsecured Claim or (b) Retiree Settlement Unsecured Claim, in either case, that is not a Certified Ineligible Claim,
an 1145 Eligible Claim or a 4(2) Eligible Claim. 
 2.2.224 “Unclaimed Distribution” means any Distribution
under the Plan on account of an Allowed Claim to a Holder that has not: (a) accepted a particular Distribution or, in the case of a Distribution made by check, negotiated such check; (b) given written notice to the Distribution Agent of an
intent to accept a particular Distribution; (c) responded in writing to the request of the Distribution Agent for information necessary to facilitate a particular Distribution; or (d) taken any other action necessary to facilitate such
Distribution. 
 2.2.225 “Unexpired Lease” means a lease to which one or more of the Debtors is a party that is
subject to assumption or rejection under sections 365 or 1123 of the Bankruptcy Code. 
 2.2.226 “Unimpaired”
means any Claim or Equity Interest that is not Impaired. 

  
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 2.2.227 “Unsecured Claim” means any Claim that is not an
(a) Administrative Claim, (b) Priority Tax Claim, (c) Other Priority Claim, (d) Other Secured Claim, (e) Second Lien Notes Claim, (f) Section 510(b) Claim or (g) Intercompany Claim. 

2.2.228 “Unsecured Creditor New Common Stock Pool” means 6 million shares of New Common Stock to be distributed to
Holders of Allowed (a) General Unsecured Claims or (b) the Retiree Settlement Unsecured Claims. 
 2.2.229
“Unsecured Notes Claims” means Claims arising under or in connection with the Unsecured Notes. 
 2.2.230
“Unsecured Notes” means the unsecured notes and debentures issued by any Debtor, including (a) the 7.00% Convertible Senior Notes due 2017, (b) the 7.25% Senior Notes due 2013 (c) the 9.20% Debentures due 2021 and
(d) the 9.95% Debentures due 2018, as applicable, issued by Kodak pursuant to the Unsecured Notes Indentures. 
 2.2.231
“Unsecured Notes Indentures” mean the Indentures, dated as of September 23, 2009 and October 7, 2003, issued in connection with the Unsecured Notes of Kodak. 

2.2.232 “Unsecured Notes Trustee” means U.S. Bank National Association, as successor Trustee under the Unsecured Notes
Indentures. 
 2.2.233 “U.S. Trustee” means the United States Trustee for Region 2. 

2.2.234 “U.S. Trustee Fees” means fees arising under 28 U.S.C. § 1930(a)(6) and, to the extent applicable, accrued
interest thereon arising under 31 U.S.C. § 3717. 
 2.2.235 “VEBA Trust” means the voluntary
employees’ beneficiary association trust established pursuant to the Retiree Settlement. 
 2.2.236
“Voting” means the process by which a Holder of a Claim may vote to accept or reject the Plan, pursuant to the conditions in Article 4 hereof. 
 2.2.237 “Voting Deadline” means 8:00 p.m. (Eastern Time) on August 9, 2013, by which time all Ballots must be actually received by the Notice and Claims Agent. 

2.2.238 “Warrants” means the 125% Warrants and the 135% Warrants. 

2.3. Rules of Interpretation 
 For the purposes of this Plan: (a) in the appropriate context, each term, whether stated in the singular or the plural, shall include both the masculine, feminine and the neuter gender; (b) any
reference herein to a contract, agreement, lease, plan, policy, document or instrument being in a particular form or on particular terms and conditions means that the same shall be substantially in that form or substantially on those terms and
conditions; (c) any reference herein to a contract, agreement, lease, plan, policy, document or instrument or schedule or exhibit thereto, whether or not filed, shall mean the same as amended, restated, modified or

  
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supplemented from time to time in accordance with the terms hereof or thereof; provided that notice of such amendment, restatement, modification or supplement shall be filed with the
Bankruptcy Court; (d) unless otherwise specified, all references herein to “Articles” are references to Articles hereof or hereto; (e) unless otherwise specified, the words “herein,” “hereof” and
“hereto” refer to the Plan in its entirety rather than a particular portion of the Plan; (f) captions and headings to Articles are inserted for the convenience of reference only and are not intended to be a part of or to affect the
interpretation of the Plan; (g) unless otherwise specified herein, the rules of construction set forth in section 102 of the Bankruptcy Code shall apply; (h) all references to docket numbers of documents filed in the Chapter 11 Cases are
references to the docket numbers under the Bankruptcy Court’s CM/ECF system; (i) all references to statutes, regulations, orders, rules of courts and the like shall mean as amended from time to time, and as applicable to the Chapter 11
Cases, unless otherwise stated; (j) any immaterial effectuating provisions may be interpreted by the Debtors and the Reorganized Debtors in such a manner that is consistent with the overall purpose and intent of the Plan, all without further
Bankruptcy Court order; (k) unless otherwise specified, all references herein to exhibits are references to exhibits in the Plan Supplement; (l) any reference to an Entity as a Holder of a Claim or Equity Interest includes that
Entity’s successors and permitted assigns; (m) except as otherwise expressly provided in this Plan, where this Plan contemplates that any Debtor or Reorganized Debtor shall take any action, incur any obligation, issue any security or
adopt, assume, execute or deliver any contract, agreement, lease, plan, policy, document or instrument on or prior to the Effective Date, the same shall be duly and validly authorized by the Plan and effective against and binding upon such Debtor
and/or Reorganized Debtor, as applicable, on and after the Effective Date without further notice to, order of or other approval by the Bankruptcy Court, action under applicable law, regulation, order or rule, or the vote, consent, authorization or
approval of the board of directors of any Debtor or Reorganized Debtor or any other Entity; (n) except as otherwise provided in the Plan, anything required to be done by the Debtors or the Reorganized Debtors, as applicable, on the Effective
Date may be done on the Effective Date or as soon as reasonably practicable thereafter; and (o) any reference herein to the word “including” or word of similar import shall be read to mean “including without limitation.”

 2.4. Governing Law 
 Unless a rule of law or procedure is supplied by federal law (including the Bankruptcy Code and Bankruptcy Rules) or unless otherwise specifically stated, the laws of the State of New York, without giving
effect to the principles of conflicts of laws, shall govern the rights, obligations, construction and implementation of the Plan and any agreements, documents, instruments or contracts executed or entered into in connection with the Plan.

 2.5. Computation of Time 
 Unless otherwise specifically stated herein, the provisions of Bankruptcy Rule 9006(a) shall apply in computing any period of time prescribed or allowed herein. 

  
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	3.	GENERAL ADMINISTRATIVE CLAIMS, PRIORITY TAX CLAIMS, DIP
FACILITY CLAIMS, PROFESSIONAL CLAIMS, UNITED STATES TRUSTEE STATUTORY FEES AND
RETIREE COMMITTEE ADMINISTRATIVE CLAIMS 

 In accordance with section 1123(a)(1) of the Bankruptcy Code, the Plan does not classify General Administrative Claims, Priority Tax Claims, DIP Facility Claims and Professional Claims, payment of
which is provided for below. 
 3.1. Administrative Claim Bar Date 

Any request for payment of a General Administrative Claim must be filed and served on the Reorganized Debtors pursuant to the procedures
specified in the notice of entry of the Confirmation Order and the Confirmation Order on or prior to the Administrative Claim Bar Date; provided that no request for payment is required to be filed and served with respect to any: 

 

	 	(a)	Allowed Administrative Claim; 

  

	 	(b)	503(b)(9) Claim, which requests for payment of a 503(b)(9) Claim shall be governed by the 503(b)(9) Procedures Order; 

 

	 	(c)	Ordinary Course General Administrative Claim; 

  

	 	(d)	Claim of a Governmental Unit not required to be filed pursuant to section 503(b)(1)(D) of the Bankruptcy Code; 

 

	 	(e)	General Administrative Claim held by a current officer, director or employee of any Debtor for indemnification, contribution, or advancement of expenses pursuant to
such Debtor’s certificate of incorporation, by-laws, or similar organizational document; 

  

	 	(f)	Non-Qualified Plan Accrual Claim; 

  

	 	(g)	Professional Claim; or 

  

	 	(h)	Claim for U.S. Trustee Fees. 

Any Holder of a General Administrative Claim who is required to, but does not, file and serve a request for payment of such General
Administrative Claim pursuant to the procedures specified in the Confirmation Order on or prior to the Administrative Claim Bar Date shall be forever barred, estopped and enjoined from asserting such General Administrative Claim against the Debtors
or the Reorganized Debtors or their respective property, and such General Administrative Claim shall be deemed discharged as of the Effective Date. 
 Any objection to a request for payment of a General Administrative Claim that is required to be filed and served pursuant to this Article 3.1 must be filed and served on the Reorganized Debtors and the
requesting party creditor (a) no later than 60 days after the Administrative Claim Bar Date or (b) by such later date as may be established by order of the Bankruptcy Court upon a motion by a Reorganized Debtor, with notice only to those
parties entitled to receive notice pursuant to Bankruptcy Rule 2002. 

  
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 3.2. General Administrative Claims 

Except to the extent that a Holder of an Allowed General Administrative Claim agrees to less favorable treatment, the Holder of each
Allowed General Administrative Claim shall receive Cash in an amount equal to the full unpaid amount of such Allowed General Administrative Claim on the later of (a) the Effective Date or as soon as reasonably practicable thereafter,
(b) the date on which such Claim is Allowed or as soon as reasonably practicable thereafter, (c) with respect to Ordinary Course General Administrative Claims, the date such amount is due in accordance with applicable non-bankruptcy law
and the terms and conditions of any applicable agreement or instrument or (d) with respect to a Non-Qualified Plan Accrual Claim, as and when such Claim would have otherwise been due and payable under the terms of the applicable terminated
Non-Qualified Plan (assuming such plan had not been terminated). 
 3.3. DIP Claims 

3.3.1 DIP ABL Claims. DIP ABL Claims shall be Allowed in the full amount due and owing under the DIP ABL Credit Agreement. Except
to the extent that a Holder of an Allowed DIP ABL Claim agrees to a less favorable treatment, each Holder of Allowed DIP ABL Claims shall receive Cash equal to the full amount of its Allowed DIP ABL Claims in full and final satisfaction of such
Claims; provided that: 
  

	 	(a)	Any indemnification and expense reimbursement obligations of the Debtors that are contingent as of the Effective Date shall survive the Effective Date and be paid by
the Reorganized Debtors as and when due under the DIP ABL Credit Agreement; and 

  

	 	(b)	Outstanding letters of credit and other cash management products will be addressed consistent with the terms of the Emergence Credit Facility Documents.

 3.3.2 DIP Term Loan Claims. All DIP Term Loan Claims shall be Allowed and deemed to be Allowed Claims in
the full amount due and owing under the DIP Term Loan Credit Agreement. Except to the extent that a Holder of Allowed DIP Term Loan Claims agrees to a less favorable treatment, each Holder of each Allowed DIP Term Loan Claims shall receive Cash
equal to the full amount of its Allowed DIP Term Loan Claims in full and final satisfaction of such Claims; provided that: 
  

	 	(a)	If any Convertible DIP Term Loans are converted into Emergence Rollover Term Loans on the Effective Date, the Holder of such Convertible DIP Term Loans shall receive
Emergence Rollover Term Loans as provided in the DIP Term Loan Credit Agreement in lieu of any other Distribution on account of its Convertible DIP Term Loans; and 

 

	 	(b)	Any indemnification and expense reimbursement obligations of the Debtors that are contingent as of the Effective Date shall survive the Effective Date and be paid by
the Reorganized Debtors as and when due under the DIP Term Loan Credit Agreements. 

  
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 3.4. Professional Claims 

3.4.1 Final Fee Applications. All final requests for payment of Professional Claims, including the Holdback Amount, shall be filed
and served no later than 60 days after the Confirmation Date, in the manner set forth in the Professional Fee Order, or, as it relates to APS, in the APS Retention Order. The Bankruptcy Court shall determine the Allowed amounts of such
Professional Claims. 
 3.4.2 Professional Fee Escrow Amount. The Debtors shall establish and fund on or prior to the
Effective Date the Professional Fee Escrow Account with Cash equal to the Professional Fee Reserve Amount. The Professional Fee Escrow Account shall be maintained in trust for the Professionals. Except as provided in the last sentence of this
paragraph, such funds shall not be considered property of the Estates of the Debtors or the Reorganized Debtors, as applicable. The Reorganized Debtors shall pay Professional Claims in Cash as soon as reasonably practicable after such Claims are
Allowed by order of the Bankruptcy Court. When all Allowed Professional Claims have been paid in full, amounts remaining in the Professional Fee Escrow Account, if any, shall revert to the Reorganized Debtors. 

3.4.3 Professional Fee Reserve Amount. Professionals shall provide good faith estimates of their Professional Claims for purposes
of the Professional Fee Escrow Account and shall deliver such estimates to the Debtors no later than 10 days prior to the Confirmation Hearing; provided that such estimates shall not be considered an admission or limitation with respect to
the fees and expenses of such Professionals. If a Professional does not provide such an estimate, the Reorganized Debtors may estimate, in their reasonable discretion, the Professional Claims of such Professional. 

3.4.4 Post-Confirmation Date Fees and Expenses. Except as otherwise specifically provided in the Plan, from and after the
Confirmation Date, the Debtors or the Reorganized Debtors, as the case may be, shall, in the ordinary course of business and without any further notice to or action, order, or approval of the Bankruptcy Court, pay in Cash the reasonable legal,
professional or other fees and expenses related to implementation and Consummation of the Plan incurred by the Debtors, the Reorganized Debtors, or the Creditors’ Committee, as the case may be. Except as otherwise specifically provided in the
Plan, upon the Confirmation Date, any requirement that Professionals comply with sections 327, 328, 329, 330, 331 or 1103 of the Bankruptcy Code or the Professional Fee Order (or, as it relates to APS, the APS Retention Order) in seeking retention
or compensation for services rendered after such date shall terminate, and the Debtors, the Reorganized Debtors or, solely with respect to the matters set forth in Article 15.9 hereof, the Creditors’ Committee, may (a) employ and pay any
Professional in the ordinary course of business and (b) pay the Unsecured Notes Trustee Claim without any further notice to or action, order or approval of the Bankruptcy Court. 

  
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 3.5. Priority Tax Claims 

Except to the extent that a Holder of an Allowed Priority Tax Claim agrees to less favorable treatment, the Holder of each Allowed
Priority Tax Claim due and payable on or prior to the Effective Date shall receive, at the election of the applicable Debtor or Reorganized Debtor, (a) Cash on the Effective Date or as soon as reasonably practicable thereafter in an amount
equal to the full unpaid amount of such Allowed Priority Tax Claim or (b) deferred Cash payments in accordance with section 1129(a)(9)(C) of the Bankruptcy Code. Any Allowed Priority Tax Claim that is not due and payable on or prior to the
Effective Date shall be paid in the ordinary course of business after the Effective Date as and when due under applicable non-bankruptcy law. 
 3.6. Statutory Fees Payable Pursuant to 28 U.S.C. § 1930 
 The Debtors
or the Reorganized Debtors, as applicable, shall pay all U.S. Trustee Fees for each quarter (including any fraction thereof) until the Chapter 11 Cases are converted, dismissed, or closed, whichever occurs first. 

3.7. Retiree Committee Administrative Claim 
 The VEBA Trust or its assignee(s), on account of the Retiree Committee Administrative Claim, shall receive Cash in an amount equal to the full unpaid amount of the Retiree Committee Administrative Claim
on the Effective Date. In lieu of a Cash payment, the VEBA Trust or its assignee(s) may, in its discretion and in final and full satisfaction, settlement, release and discharge of the Retiree Committee Administrative Claim, elect by written notice
to the Debtors on or prior to the Confirmation Date to exercise the Retiree Committee Conversion Right. 
 3.8. Backstop
Fees; Backstop Expense Reimbursement 
 The Backstop Fees and Backstop Expense Reimbursement shall be Allowed Administrative
Claims, without reduction or offset, in the full amount due and owing under the Backstop Commitment Agreement. On the Effective Date, if not previously paid in full in accordance with the terms of the Backstop Commitment Agreement, any outstanding
Backstop Expense Reimbursement shall be paid in Cash and any outstanding Backstop Fees shall be paid in Cash or New Common Stock, at the election of Kodak. 

  
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	4.	CLASSIFICATION, TREATMENT AND VOTING OF CLAIMS AND
EQUITY INTERESTS 

 4.1. Classification of
Claims and Equity Interests 
 All Claims and Equity Interests, except for Administrative Claims, Priority Tax Claims, DIP
Facility Claims and Professional Claims, are classified in the Classes set forth in this Article 4. A Claim or Equity Interest is classified in a particular Class only to the extent that the Claim or Equity Interest qualifies within the description
of that Class and is classified in other Classes to the extent that any portion of the Claim or Equity Interest qualifies within the description of such other Classes. A Claim or Equity Interest also is classified in a particular Class for the
purpose of receiving Distributions pursuant to the Plan only to the extent that such Claim or Equity Interest is an Allowed Claim or Equity Interest in that Class and has not been paid, released or otherwise satisfied prior to the Effective Date.

 4.1.1 Deemed Substantive Consolidation. The Plan shall serve as a motion by the Debtors seeking entry of a Bankruptcy
Court order deeming the substantive consolidation of the Debtors’ Estates into a single Estate for certain limited purposes related to the Plan, including Voting, Confirmation and Distribution. As a result of the deemed substantive
consolidation of the Estates, each Class of Claims and Equity Interests will be treated as against a single consolidated Estate without regard to the separate legal existence of the Debtors. The Plan will not result in the merger or otherwise affect
the separate legal existence of each Debtor, other than with respect to voting and distribution rights under the Plan. 
 4.1.2
Summary of Classification and Treatment. The classification of Claims and Equity Interests pursuant to the Plan is as follows: 
  

							
	 Class
	  	 Claims and Equity Interests
	  	 Status
	  	 Voting Rights

	1	  	Other Priority Claims	  	Unimpaired	  	Deemed to Accept
	2	  	Other Secured Claims	  	Unimpaired	  	Deemed to Accept
	3	  	Second Lien Notes Claims	  	Impaired3	  	Entitled to Vote
	4	  	General Unsecured Claims	  	Impaired	  	Entitled to Vote
	5	  	KPP Claims	  	Impaired	  	Entitled to Vote
	6	  	Retiree Settlement Unsecured Claim	  	Impaired	  	Entitled to Vote
	7	  	Convenience Claims	  	Impaired	  	Entitled to Vote
	8	  	Subsidiary Convenience Claims	  	Impaired	  	Entitled to Vote
	9	  	Equity Interests	  	Impaired	  	Deemed to Reject
	10	  	Section 510(b) Claims	  	Impaired	  	Deemed to Reject

  

	3 	As set forth in Article 4.2.3, if the Second Lien Acceptance is not obtained Second Lien Notes Claims may be unimpaired. 

  
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 4.2. Treatment of Claims and Equity Interests 

4.2.1 Class 1 – Other Priority Claims. 
  

	 	(a)	Classification: Class 1 consists of all Other Priority Claims. 

  

	 	(b)	Treatment: Except to the extent that a Holder of an Allowed Other Priority Claim agrees to a less favorable treatment, in full and final satisfaction,
settlement, release and discharge of and in exchange for its Allowed Other Priority Claims, each Holder of such Allowed Other Priority Claim shall be paid in full in Cash on or as soon as reasonably practicable after the latest of (i) the
Effective Date, (ii) the date on which such Other Priority Claim becomes Allowed, and (iii) such other date as may be ordered by the Bankruptcy Court. 

 

	 	(c)	Voting: Class 1 is Unimpaired. Each Holder of an Other Priority Claim is conclusively deemed to have accepted the Plan pursuant to section 1126(f) of the
Bankruptcy Code. No Holder of Other Priority Claims is entitled to vote to accept or reject the Plan. 

 4.2.2
Class 2 – Other Secured Claims. 
  

	 	(a)	Classification: Class 2 consists of Other Secured Claims. 

  

	 	(b)	Treatment: Except to the extent that a Holder of an Allowed Other Secured Claim agrees to less favorable treatment, in full and final satisfaction, settlement,
release and discharge of and in exchange for its Allowed Other Secured Claims, each Holder of an Allowed Other Secured Claim shall receive one of the following treatments, in the sole discretion of the applicable Debtor: (i) payment in full in
Cash including the payment of any interest payable under section 506(b) of the Bankruptcy Code; (ii) delivery of the collateral securing such Allowed Other Secured Claim; or (iii) treatment of such Allowed Other Secured Claim in any other
manner that renders the Claim Unimpaired. 

  

	 	(c)	Voting: Class 2 is Unimpaired. Each Holder of an Other Secured Claim is conclusively deemed to have accepted the Plan pursuant to section 1126(f) of the
Bankruptcy Code. No Holder of an Other Secured Claim is entitled to vote to accept or reject the Plan. 

 4.2.3
Class 3 – Second Lien Notes Claims. 
  

	 	(a)	Classification: Class 3 consists of all Second Lien Notes Claims. 

  
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	 	(b)	Allowance: If the Second Lien Acceptance is obtained, the Second Lien Notes Claims shall be Allowed in an aggregate amount equal to the Second Lien Agreed Amount
plus the Second Lien Settlement Amount. If the Second Lien Acceptance is not obtained, the Second Lien Notes Claims shall be Allowed: 

  

	 	(i)	with respect to each Stipulating Second Lien Noteholder, its Pro Rata share in Cash of the Second Lien Agreed Amount plus the Second Lien Settlement Amount; and

  

	 	(ii)	with respect to any other Second Lien Noteholder, in the amount determined by the Court. 

 

	 	(c)	Treatment: Except to the extent that a Holder of an Allowed Second Lien Notes Claim agrees to a less favorable treatment, and in full and final satisfaction,
settlement, release and discharge of and in exchange for its Allowed Second Lien Notes Claims, each Holder of an Allowed Second Lien Notes Claim shall receive: 

 

	 	(i)	if the Second Lien Acceptance is obtained, payment in Cash of its Pro Rata share of the Allowed amount; and 

 

	 	(ii)	otherwise, at the Debtors’ election, with (A) payment in full in Cash, including the payment of any amounts due under section 506(b) of the Bankruptcy Code or
(B) such other treatment that renders the Second Lien Notes Claims Unimpaired; provided that, in either instance, and notwithstanding any judicial determination or subsequent settlement regarding the allowance of the Second Lien
Make-Whole, each Stipulating Second Lien Noteholder shall receive payment in Cash of its Pro Rata share of the Second Lien Agreed Amount plus the Settlement Amount in full and final satisfaction, settlement, release and discharge of the Second Lien
Make-Whole and all other Claims arising under or in connection with the Second Lien Notes Indentures with respect to such Stipulating Second Lien Noteholder. 

 In addition to the foregoing, but without duplication in the event the Second Lien Notes Claims are Unimpaired, the Debtors shall pay, in Cash, an amount equal to the incurred and unpaid reasonable and
documented fees and expenses (including the reasonable and documented fees and expenses of counsel) due to the Second Lien Indenture Trustee under the Second Lien Notes Indentures as of the Effective Date. 

 

	 	(d)	 Voting: Class 3 is Impaired and each Holder of a Second Lien Notes Claim is entitled to vote to accept or reject the Plan; provided that, if the
Second Lien Acceptance is not obtained, the 

  
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Debtors may elect to treat the Second Lien Notes Claims as Unimpaired and, in that case, each Holder of a Second Lien Notes Claim is conclusively deemed to have accepted the Plan pursuant to
section 1126(f) of the Bankruptcy Code. 

 4.2.4 Class 4 – General Unsecured Claims. 

 

	 	(a)	Classification: Class 4 consists of all General Unsecured Claims. 

  

	 	(b)	Treatment: Except to the extent that a Holder of an Allowed General Unsecured Claim agrees to a less favorable treatment, in full and final satisfaction,
settlement, release, and discharge of and in exchange for its Allowed General Unsecured Claims, each Holder of Allowed General Unsecured Claims shall receive its: 

 

	 	(i)	Pro Rata share of the Unsecured Creditor New Common Stock Pool; 

  

	 	(ii)	Pro Rata share of (x) the 125% Warrants and (y) the 135% Warrants; 

 

	 	(iii)	Pro Rata distributions from the Kodak GUC Trust, subject to the Backstop Trust Waiver; and 

 

	 	(iv)	applicable Rights Offerings Consideration. 

  

	 	(c)	Voting: Class 4 is Impaired. Each Holder of General Unsecured Claims is entitled to vote to accept or reject the Plan. 

4.2.5 Class 5 – KPP Claims. 
  

	 	(a)	Classification: Class 5 consists of all KPP Claims. 

  

	 	(b)	Treatment: The Holder of the KPP Claims shall receive such consideration as is provided in the KPP Global Settlement. 

 

	 	(c)	Voting: Class 5 is Impaired. The Holder of the KPP Claims is entitled to vote to accept or reject the Plan. 

4.2.6 Class 6 – Retiree Settlement Unsecured Claim. 

 

	 	(a)	Classification: Class 6 consists of the Retiree Settlement Unsecured Claim. 

 

	 	(b)	Treatment: Except to the extent that a Holder of the Retiree Settlement Unsecured Claim agrees to a less favorable treatment, in full and final satisfaction,
settlement, release, and discharge of and in exchange for its portion of the Retiree Settlement Unsecured Claim, each Holder of the Retiree Settlement Unsecured Claim shall receive its: 

  
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	 	(i)	Pro Rata share of the Unsecured Creditor New Common Stock Pool; 

  

	 	(ii)	Pro Rata share of (x) the 125% Warrants and (y) the 135% Warrants; 

 

	 	(iii)	Pro Rata distributions from the Kodak GUC Trust, subject to the Backstop Trust Waiver; and 

 

	 	(iv)	applicable Rights Offerings Consideration. 

  

	 	(c)	Voting: Class 6 is Impaired. Each Holder of the Retiree Settlement Unsecured Claim is entitled to vote to accept or reject the Plan. 

4.2.7 Class 7 – Convenience Claims. 
  

	 	(a)	Classification: Class 7 consists of all Convenience Claims. 

  

	 	(b)	Treatment: On the later of the Effective Date or as soon as practicable after a Convenience Claim becomes Allowed, in full and final satisfaction, settlement,
release, and discharge of and in exchange for its Allowed Convenience Claim, each Holder of an Allowed Convenience Claim shall receive payment in Cash in an amount equal to 4.5 percent of such Allowed Convenience Claim; provided that the
aggregate amount of Cash received by Holders of Convenience Claims on account of their Convenience Claims shall not exceed $600,000. 

  

	 	(c)	Voting: Class 7 is Impaired. Each Holder of a Convenience Claim is entitled to vote to accept or reject the Plan. 

4.2.8 Class 8 – Subsidiary Convenience Claims. 

 

	 	(a)	Classification: Class 8 consists of all Subsidiary Convenience Claims. 

 

	 	(b)	 Treatment: Except to the extent that a Holder of a Subsidiary Convenience Claim agrees to a less favorable treatment, in full and final
satisfaction, settlement, release and discharge of and in exchange for its Subsidiary Convenience Claims, each Holder of such Subsidiary Convenience Claim shall be paid in full in Cash on or as soon as reasonably practicable after the latest of
(i) the Effective Date, (ii) the date on which such Subsidiary Convenience Claim becomes Allowed, and (iii) such other date as may be 

  
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ordered by the Bankruptcy Court; provided that the aggregate amount of Cash received by Holders of Subsidiary Convenience Claims on account of their Subsidiary Convenience Claims shall not
exceed $300,000. 

  

	 	(c)	Voting: Class 8 is Impaired. Each Holder of a Subsidiary Convenience Claim is entitled to vote to accept or reject the Plan. 

4.2.9 Class 9 – Equity Interests. 
  

	 	(a)	Classification: Class 9 consists of all Equity Interests in Kodak. 

  

	 	(b)	Treatment: No Holder of an Equity Interest in Kodak shall receive any Distributions on account of its Equity Interest. On and after the Effective Date, all
Equity Interests in Kodak shall be cancelled and shall be of no further force and effect, whether surrendered for cancellation or otherwise. 

  

	 	(c)	Voting: Class 9 is Impaired. Each Holder of an Equity Interest in Kodak is conclusively deemed to have rejected the Plan pursuant to section 1126(g) of the
Bankruptcy Code. No Holder of an Equity Interest in Kodak is entitled to vote to accept or reject the Plan. 

4.2.10 Class 10 – Section 510(b) Claims. 

 

	 	(a)	Classification: Class 10 consists of Section 510(b) Claims. 

  

	 	(b)	Treatment: No Holder of a Section 510(b) Claim shall receive any Distribution on account of its Section 510(b) Claim. On the Effective Date, all
Section 510(b) Claims shall be discharged. 

  

	 	(c)	Voting: Class 10 is Impaired. Holders of Section 510(b) Claims are conclusively deemed to have rejected the Plan pursuant to section 1126(g) of the
Bankruptcy Code. No Holder of a Section 510(b) Claim is entitled to vote to accept or reject the Plan. 

4.3. Intercompany Claims and Interests 
 Notwithstanding anything herein to the contrary, on the Effective Date or as soon thereafter as is reasonably practicable, at the option of the Reorganized Debtors and in consultation with the Requisite
Backstop Parties, all Intercompany Claims and Intercompany Interests will be: (a) preserved and reinstated, in full or in part; (b) cancelled and discharged, in full or in part, in which case such discharged and satisfied portion shall be
eliminated and the Holders thereof shall not be entitled to, and shall not receive or retain, any property or interest in property on account of such portion under the Plan; (c) eliminated or waived based on accounting entries in the
Debtors’ or the Reorganized Debtors’ books and records and other corporate activities by the Debtors or the Reorganized Debtors; (d) contributed to the capital of the obligor entity or (e) otherwise compromised. In no event shall
Intercompany Claims be allowed as Unsecured Claims or entitled to any Distribution under the Plan. 

  
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 4.4. Special Provision Governing Unimpaired Claims 

Except as otherwise provided herein, the Plan shall not affect the Debtors’ or the Reorganized Debtors’ rights in respect of any
Unimpaired Claims, including legal and equitable defenses or setoff or recoupment rights with respect thereto. 
 4.5.
Confirmation Pursuant to Sections 1129(a) and 1129(b) of the Bankruptcy Code 
 For purposes of Confirmation, section
1129(a)(10) of the Bankruptcy Code shall be satisfied if any one of Classes 3 – 8 accepts the Plan. The Debtors shall seek Confirmation of the Plan pursuant to section 1129(b) of the Bankruptcy Code with respect to any rejecting Class or
Classes of Claims. 
 4.6. Subordinated Claims 
 The allowance, classification and treatment of all Allowed Claims and the respective Distributions and treatments under the Plan take into account and conform to the relative priority and rights of the
Claims in each Class in connection with any contractual, legal and equitable subordination rights relating thereto, whether arising under general principles of equitable subordination, section 510(b) of the Bankruptcy Code, or otherwise;
provided, the Debtors reserve the right to re-classify any Allowed Claim in accordance with any contractual, legal or equitable subordination rights relating thereto. 

  
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	5.	IMPLEMENTATION OF THE PLAN 

5.1. Operations Between the Confirmation Date and Effective Date 

During the period from the Confirmation Date through and until the Effective Date, the Debtors may continue to operate their businesses as
debtors in possession, subject to all applicable orders of the Bankruptcy Court and any limitations set forth in the Backstop Commitment Agreement. 
 5.2. KPP Global Settlement 
 A motion to approve the KPP Global Settlement
[Docket No. 3709] has been submitted to the Bankruptcy Court for its approval under Bankruptcy Rule 9019 and sections 363 and 365 of the Bankruptcy Code. 
 5.3. Settlement of Committee’s Lien Challenge 
 On the Effective Date,
the transactions contemplated by the Plan, including the distributions to Holders of Claims in Class 3, Class 4 and Class 6, shall be in full and final settlement of the Committee’s Lien Challenge, and the Committee’s Lien Challenge shall
be deemed dismissed with prejudice, and the Creditors’ Committee and the Second Lien Notes Trustee shall file a joint notice of dismissal with the Bankruptcy Court. 
 5.4. Other Restructuring Transactions 
 Following the Confirmation Date, the
Debtors, in consultation with the Requisite Backstop Parties, may reorganize their corporate structure by eliminating certain entities (including non-Debtor entities) that are deemed no longer helpful, and may take all actions as may be necessary or
appropriate to effect such transactions, including any transaction described in, approved by, contemplated by or necessary to effectuate the Plan, including: (a) the execution and delivery of appropriate agreements or other documents of merger,
consolidation, restructuring, conversion, disposition, transfer, dissolution, liquidation, domestication, continuation or reorganization containing terms that are consistent with the terms of the Plan and that satisfy the requirements of applicable
law; (b) the execution and delivery of appropriate instruments of transfer, assignment, assumption or delegation of any property, right, liability, debt or obligation on terms consistent with the terms of the Plan; (c) the filing of
appropriate certificates or articles of incorporation, reincorporation, merger, consolidation, conversion or dissolution with the appropriate governmental authorities pursuant to applicable law; and (d) all other actions that the Debtors, in
consultation with the Requisite Backstop Parties, determine are necessary or appropriate, including making filings or recordings that may be required by applicable law. To the extent deemed helpful or appropriate to the Debtors or the Reorganized
Debtors, the restructuring may be effected pursuant to sections 368 and 381 of the Internal Revenue Code, to preserve for the Debtors or the Reorganized Debtors the tax attributes of such entities. Notwithstanding anything else to the contrary
herein, the Debtors may engage in any restructuring, reorganizations, liquidation, intercompany sales and similar transactions after prior notice to the Backstop Parties in order to implement tax planning, which transactions are not reasonably
expected to materially adversely affect any Backstop Party. 

  
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 5.5. Vesting of Assets in the Reorganized Debtors 

Except as otherwise provided herein or in the Confirmation Order, as of the Effective Date, all property of each Estate (including Causes
of Action) and any property acquired by any Debtor under the Plan shall vest in the applicable Reorganized Debtor, free and clear of all Liens, Claims, charges or other encumbrances or interests; provided that the Kodak GUC Trust Avoidance
Actions shall be transferred to the Kodak GUC Trust in accordance with Article 16.3; provided, further, that nothing in this Article 5.5 shall limit the ability under the Bankruptcy Code of any party-in-interest to object to any Claim
prior to the Claim Objection Bar Date unless otherwise ordered by the Bankruptcy Court. On and after the Effective Date, except as otherwise provided in the Plan, the Reorganized Debtors may operate their businesses and may use, acquire or dispose
of property and compromise or settle any Claims or Causes of Action (other than the Kodak GUC Trust Avoidance Actions) without supervision or approval of the Bankruptcy Court and free of any restrictions of the Bankruptcy Code or Bankruptcy Rules;
provided that the claims asserted by GOT in the GOT Adversary Proceeding, as well as any property interest of GOT in the GOT Adversary Patents or the GOT Royalties, are preserved during the pendency of the GOT Adversary Proceeding.

 5.6. Cancellation of Existing Agreements, Notes and Equity Interests 

On the Effective Date, except as otherwise specifically provided for in the Plan, the obligations of the Debtors under the Second Lien
Notes Indentures, Unsecured Notes Indentures, and any other Certificate, Equity Interest, share, note, bond, indenture, purchase right, option, warrant or other instrument or document directly or indirectly evidencing or creating any indebtedness or
obligation of or ownership interest in the Debtors or giving rise to any Claim or Equity Interest (except such Certificates, notes or other instruments or documents evidencing indebtedness or obligation of or ownership interest in the Debtors that
are Reinstated pursuant to the Plan), shall be cancelled solely as to the Debtors and their Affiliates, and the Reorganized Debtors and their Affiliates shall not have any obligations thereunder and shall be released and discharged therefrom;
provided that (x) the Second Lien Notes Indentures and Unsecured Notes Indentures shall remain in effect and govern the rights and obligations of the Indenture Trustees and the beneficial holders of notes issued under such indentures,
including to effectuate any charging liens permitted under the Second Lien Notes Indentures and Unsecured Notes Indentures, respectively and (y) any obligations of the Debtors in the Backstop Commitment Agreement that by their terms are to be
satisfied after, or are otherwise stated to survive, the closing of the Backstop Commitment Agreement shall be the obligations of the Reorganized Debtors. Notwithstanding any provision in the Second Lien Notes Indentures or the Second Lien Notes to
the contrary, the Second Lien Indenture Trustee shall be permitted to pay the Stipulating Second Lien Noteholders, and the Stipulating Second Lien Noteholders shall be entitled to receive, payment with respect to the Second Lien Settlement Amount
and Second Lien Agreed Amount without any pro rata reallocation to non-Stipulating Second Lien Noteholders. 
  

	5.7.	New Common Stock 

 On the
Effective Date, the Reorganized Kodak Certificate of Incorporation shall have provided for 500 million shares of authorized New Common Stock, and Reorganized 

  
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Kodak shall issue or reserve for issuance a sufficient number of shares of New Common Stock equal to the Fully Diluted Effective Date Share Issuance, plus any additional shares of New
Common Stock to satisfy any share issuances authorized under the Warrants. The shares of New Common Stock issued in connection with the Plan, including in connection with the consummation of the Rights Offering, the Backstop Commitment Agreement, or
upon exercise of the Warrants, and options or other equity awards issued pursuant to the New Equity Plan, shall be authorized without the need for further corporate action or without any further action by any Person, and once issued, shall be duly
authorized, validly issued, fully paid and non-assessable. 
 Any share of New Common Stock issued to a creditor of any Debtor
that is not Kodak shall be treated as (a) a contribution of cash by Reorganized Kodak to the applicable Debtor in the amount equal to the fair market value of such New Common Stock, followed by (b) the issuance of New Common Stock by
Reorganized Kodak to the applicable Debtor in return for such cash, followed by (c) the transfer of the New Common Stock by the applicable Debtor to the applicable creditor. 

5.8. Rights Offerings 
 The Debtors will implement the Rights Offerings in accordance with the Backstop Commitment Agreement and the Rights Offerings Procedures. 

5.8.1 1145 Rights Offering. The 1145 Rights Offering shall be open to all Holders of 1145 Eligible Claims. The 1145 Rights
Offering shall consist of a distribution of the 1145 Rights in respect of the 1145 Rights Offering Shares in accordance with the Rights Offerings Procedures Order. 
 5.8.2 4(2) Rights Offering. The 4(2) Rights Offering shall be open to 4(2) Eligible Participants. The 4(2) Rights Offering shall consist of a distribution of the 4(2) Rights in respect of the 4(2)
Rights Offering Shares in accordance with the 4(2) Rights Offering Procedures. Kodak and Reorganized Kodak shall conduct the 4(2) Rights Offering in accordance with the Rights Offerings Procedures Order. 

The Backstop Parties have agreed to purchase (on a several and not joint basis) all of the 4(2) Rights Offering Unsubscribed Shares,
subject to and in accordance with the terms of the Backstop Commitment Agreement. 
 5.9. Exemption from Registration

 Except with respect to any Person that is an underwriter as defined in section 1145(b) of the Bankruptcy Code, the offer,
issuance, sale or distribution under the Plan of the (a) shares of New Common Stock comprising the Unsecured Creditor New Common Stock Pool, (b) shares of New Common Stock issued in connection with the Retiree Committee Conversion Rights,
if applicable, (c) 1145 Rights, (d) 1145 Rights Offering Shares, (e) Warrants, and (f) shares of New Common Stock issuable upon the exercise of the Warrants shall all be exempt from registration under Section 5 of the
Securities Act (or any State or local law requiring registration for offer or sale of a security) under section 1145 of the Bankruptcy Code. 

  
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 The (a) 4(2) Rights, (b) 4(2) Rights Offering Shares, (c) any shares of New
Common Stock issued in connection with the payment of the Backstop Commitment Fee and (d) any shares of New Common Stock issued pursuant to the Backstop Commitment Agreement shall all be issued without registration in reliance upon the
exemption set forth in section 4(2) of the Securities Act and will be “restricted securities.” 
 The Rights and 1145
Rights Offering Shares and 4(2) Rights Offering Shares were offered, distributed and sold pursuant to the Plan. 
 5.10.
Emergence Financing 
 If all or any portion of the Convertible DIP Term Loans are converted into Emergence Rollover Term
Loans in accordance with the terms of the DIP Term Loan Credit Agreement, then on the Effective Date: (a) Obligations (as defined in the DIP Term Loan Credit Agreement) under the DIP Term Loan Credit Agreement and the other DIP Term Loan
Documents shall be converted into and continue as obligations under the Emergence Rollover Credit Agreement and the other Emergence Credit Facility Documents; and (b) all liens, rights, interests, duties and obligations under the DIP Term Loan
Documents shall convert into and continue as liens, rights, interests, duties and obligations under the Emergence Term Loan Credit Agreement and any such liens shall continue to secure obligations of Reorganized Kodak under the Emergence Term Loan
Credit Agreement. Without limiting the foregoing, all liens and security interests granted under the DIP Term Loan Documents to the DIP Term Loan Parties and converted into and continued as liens and security interest under the Emergence Term Loan
Credit Agreement shall be (x) valid, binding, perfected and enforceable liens and security interest in the personal and real property described in such documents, with the priorities established in respect thereof under applicable
non-bankruptcy law and (y) not subject to avoidance, recharacterization or subordination under any applicable law; and Reorganized Kodak shall, and is authorized to, enter into and perform and to execute and deliver the Emergence Term Loan
Credit Agreement and such other agreements, instruments or documents reasonably requested by the DIP Term Loan Agent (in form and substance acceptable to the DIP Term Loan Agent) to evidence or effectuate the conversion of all or any portion of the
Convertible DIP Term Loans to Emergence Rollover Term Loans in accordance with the terms of the DIP Term Loan Documents. Without limiting the foregoing, Reorganized Kodak shall pay, as and when due, all fees and expenses and other amounts provided
under the Emergence Credit Facility Documents. 
 To the extent the Reorganized Debtors obtain one or more Emergence Credit
Facilities in lieu of, or in addition to, the conversion of all or any portion of the Convertible DIP Term Loans into Emergence Rollover Term Loans, then, on the Effective Date, the Reorganized Debtors shall, and are hereby authorized to, enter into
and perform and execute and deliver the Emergence Credit Facility Documents to which such Reorganized Debtor is contemplated to be a party on the Effective Date. The Reorganized Debtors are hereby authorized to borrow under such Emergence Credit
Facilities and use the proceeds of such borrowings for any purpose permitted thereunder, including to fund (a) the repayment of all DIP Term Loan Claims that are not converted into Emergence Rollover Term Loans in accordance with the terms of
the DIP Term Loan Credit Agreement, (b) distributions under and in accordance with the Plan, and (c) ongoing business operations, general corporate purposes and working capital needs. Without

  
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limiting the foregoing, the Reorganized Debtors shall pay, as and when due, all fees, expenses, losses, damages, indemnities and other amounts, including any applicable refinancing premiums and
applicable exit fees, provided under the Emergence Credit Facility Documents relating to such Emergence Credit Facilities. 

Confirmation of the Plan shall be deemed (a) approval of the Emergence Credit Facilities and all transactions contemplated hereby
and thereof (including additional syndication of the Emergence Credit Facilities (if any)), and all actions to be taken, undertakings to be made, and obligations to be incurred by the Reorganized Debtors in connection therewith, including the
payment of all fees, expenses, losses, damages, indemnities and other amounts provided for by the Emergence Credit Facility Documents, and (b) authorization for the Reorganized Debtors to enter into and perform under the Emergence Credit
Facility Documents. The Emergence Credit Facility Documents shall constitute legal, valid, binding and authorized obligations of the Reorganized Debtors, enforceable in accordance with their terms. The financial accommodations to be extended
pursuant to the Emergence Credit Facility Documents are being extended, and shall be deemed to have been extended, in good faith, for legitimate business purposes, are reasonable, shall not be subject to avoidance, recharacterization or
subordination (including equitable subordination) for any purposes whatsoever, and shall not constitute preferential transfers, fraudulent conveyances or other voidable transfers under the Bankruptcy Code or any other applicable non-bankruptcy law.

 On the Effective Date, all of the liens and security interests to be granted in accordance with the Emergence Credit Facility
Documents (a) shall be deemed to be approved; (b) shall be legal, binding and enforceable liens on, and security interests in, the collateral granted under respective Emergence Credit Facility Documents in accordance with the terms of the
Emergence Credit Facility Documents; (c) shall be deemed perfected on the Effective Date, subject only to such liens and security interests as may be permitted under the Emergence Credit Facility Documents, and the priorities of such liens and
security interests shall be as set forth in the respective Emergence Credit Facility Documents; and (d) shall not be subject to avoidance, recharacterization, or subordination (including equitable subordination) for any purposes whatsoever and
shall not constitute preferential transfers, fraudulent conveyances or other voidable transfers under the Bankruptcy Code or any applicable non-bankruptcy law. The Reorganized Debtors and the secured parties (and their designees and agents) under
such Emergence Credit Facility Documents are hereby authorized to make all filings and recordings, and to obtain all governmental approvals and consents to establish and perfect such liens and security interests under the provisions of the
applicable state, provincial, federal or other law (whether domestic or foreign) that would be applicable in the absence of the Plan and the Confirmation Order (it being understood that perfection of the liens and security interests granted under
the Emergence Credit Facility Documents shall occur automatically by virtue of the entry of the Confirmation Order and funding on or after the Effective Date, and any such filings, recordings, approvals and consents shall not be necessary or
required), and will thereafter cooperate to make all other filings and recordings that otherwise would be necessary under applicable law to give notice of such liens and security interests to third parties. To the extent that any Holder of a Secured
Claim that has been satisfied or discharged pursuant to the Plan, or any agent for such Holder, has filed or recorded any liens and/or security interests to secure such Holder’s Secured Claim, then as soon as practicable on or after the
Effective Date, such Holder (or the agent for such Holder) shall take any and all steps requested by the Debtors, Reorganized 

  
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Kodak or any administrative agent under the Emergence Credit Facility Documents that are necessary to cancel and/or extinguish such liens and/or security interests (it being understood that such
liens and security interests shall be automatically canceled/or extinguished automatically by virtue of the entry of the Confirmation Order). 
 On the Effective Date, all issued and outstanding letters of credit shall be cash collateralized, replaced or reinstated in accordance with their terms and the terms of the DIP Credit Agreements and any
applicable Emergence Credit Facility Documents. 
 5.11. Section 1146 Exemption from Certain Transfer Taxes and Recording
Fees 
 Pursuant to, and to the fullest extent permitted by, section 1146(a) of the Bankruptcy Code, any transfers from the
Debtors to the Reorganized Debtors or to any other Person, pursuant to, in contemplation of, or in connection with the Plan (including any transfer pursuant to: (a) the issuance, distribution, transfer, or exchange of any debt, equity security,
or other interest in the Debtors or the Reorganized Debtors; (b) the creation, modification, consolidation, assumption, termination, refinancing and/or recording of any mortgage, deed of trust or other security interest, or the securing of
additional indebtedness by such or other means; (c) the making, assignment or recording of any lease or sublease; (d) the grant of collateral as security for any or all of the Emergence Credit Facilities; (e) the KPP Global
Settlement; (f) the Backstop Commitment Agreement; or (g) the making, delivery or recording of any deed or other instrument of transfer under, in furtherance of, or in connection with, the Plan, including any deeds, bills of sale,
assignments or other instrument of transfer executed in connection with any transaction arising out of, contemplated by, or in any way related to the Plan) shall not be subject to any document recording tax, stamp tax, conveyance fee, intangibles or
similar tax, mortgage tax, real estate transfer tax, sales and use tax, mortgage recording tax, Uniform Commercial Code filing or recording fee, regulatory filing or recording fee, or other similar tax or governmental assessment, and the appropriate
state or local government officials or agents shall, and shall be directed to, forgo the collection of any such tax, recordation fee or government assessment and to accept for filing and recordation any of the foregoing instruments or other
documents without the payment of any such tax, recordation fee or government assessment. The Bankruptcy Court shall retain specific jurisdiction with respect to these matters. 
 5.12. Preservation of Causes of Action 
 Except as otherwise provided in
Article 12 or 16 or the other provisions of the Plan, each Cause of Action of a Debtor shall be preserved and, along with the exclusive right to enforce such Cause of Action, shall vest exclusively in the applicable Reorganized Debtor as of the
Effective Date; provided that nothing in this Article 5.12 shall limit the ability under the Bankruptcy Code of any party-in-interest to object to any Claim prior to the Claim Objection Bar Date unless otherwise ordered by the Bankruptcy
Court. Unless a Cause of Action is expressly waived, relinquished, released or compromised in the Plan or an order of the Bankruptcy Court, the Reorganized Debtors expressly reserve such Cause of Action for later adjudication and, accordingly, no
doctrine of res judicata, collateral estoppel, issue preclusion, claim preclusion, estoppel (judicial, equitable or otherwise), laches or other preclusion doctrine shall apply to such Cause of Action as a consequence of the Confirmation, the Plan,
the vesting of such Cause of Action in the Reorganized Debtors, any order of the Bankruptcy Court or these Chapter 11 

  
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Cases. No Person may rely on the absence of a specific reference in the Plan or the Amended Disclosure Statement to any Cause of Action against them as an indication that the Debtors or the
Reorganized Debtors, as applicable, will not pursue such Cause of Action. 
 5.13. Effectuating Documents and Further
Transactions 
 The Debtors or the Reorganized Debtors, as applicable, may take all actions to execute, deliver, file or
record such contracts, instruments, releases and other agreements or documents, and take such actions as may be necessary or appropriate to effectuate and implement the provisions of the Plan, including the distribution of the securities to be
issued pursuant hereto in the name of, and on behalf of the Reorganized Debtors, without the need for any approvals, authorizations, actions or consents except for those expressly required pursuant hereto; provided that after the Confirmation
Date (but prior to the Effective Date) the Debtors shall consult with and, to the extent required by the terms of the Backstop Commitment Agreement, seek the consent of the Requisite Backstop Parties on such actions. The secretary and any assistant
secretary of each Debtor shall be authorized to certify or attest to any of the foregoing actions. 
 Prior to, on or after the
Effective Date (as appropriate), all matters provided for pursuant to the Plan that would otherwise require approval of the shareholders, directors or members of the Debtors shall be deemed to have been so approved and shall be in effect prior to,
on or after the Effective Date (as appropriate), pursuant to applicable law, and without any requirement of further action by the shareholders, directors, managers or partners of the Debtors, or the need for any approvals, authorizations, actions or
consents. 
 5.14. Reinstatement of Interests in Debtor Subsidiaries 

In the event that the Debtors elect to reinstate Intercompany Interests pursuant to Article 4.3 herein, each Reorganized Debtor shall
issue authorized new equity securities to the Reorganized Debtor that was that Debtor’s corporate parent prior to the Effective Date so that each Reorganized Debtor will retain its 100% ownership of its pre-Petition Date Debtor subsidiaries.
The Debtors may modify the foregoing at any time in consultation with the Requisite Backstop Parties. 
 5.15. Intercompany
Account Settlement 
 The Debtors and Reorganized Debtors, and their respective subsidiaries, will be entitled to transfer
funds between and among themselves as they determine to be necessary or appropriate to enable the Debtors or Reorganized Debtors (as applicable) to satisfy their obligations under the Plan. 

5.16. Fees and Expenses of the Unsecured Notes Trustee 
 Reasonable and documented fees and expenses incurred by the Unsecured Notes Trustee during the pendency of the Chapter 11 Cases, solely in its capacity as such, shall, without duplication and to the
extent unpaid by the Debtors prior to the Effective Date, be Allowed Administrative Claims and paid by the Reorganized Debtors without further Bankruptcy Court approval upon the submission of invoices to the Reorganized Debtors. 

  
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	6.	CORPORATE GOVERNANCE AND MANAGEMENT 

6.1. Corporate Existence 
 Subject to any restructuring transactions as permitted under Article 5 or as otherwise expressly provided herein, each of the Debtors shall continue to exist after the Effective Date as a separate
corporate entity, limited liability company, partnership or other form, as the case may be, with all the powers of a corporation, limited liability company, partnership or other form, as the case may be, pursuant to applicable law in the
jurisdiction in which each applicable Debtor is incorporated or formed, and pursuant to the respective certificate of incorporation and bylaws (or other formation documents in the case of a limited liability company, partnership or other form) in
effect prior to the Effective Date, except to the extent such certificate of incorporation or bylaws (or other formation documents in the case of a limited liability company, partnership or other form) are amended by, or in connection with, the Plan
or otherwise, and to the extent such documents are amended, such documents are deemed to be authorized pursuant hereto and without the need for any other approvals, authorizations, actions or consents. 

6.2. Organizational Documents 
 The Reorganized Kodak Certificate of Incorporation shall be filed with the Secretary of State of New Jersey on the Effective Date. The amended and restated bylaws of Reorganized Kodak and certificate of
incorporation and bylaws of the other Reorganized Debtors (or other formation documents relating to limited liability companies, partnerships or other forms) shall be in the form set forth in the Plan Supplement and filed with the applicable state
officers or entities on or as soon as reasonably practicable after the Effective Date. 
 6.3. Indemnification Provisions in
Organizational Documents 
 As of the Effective Date, each Reorganized Debtor’s bylaws shall provide for the
indemnification, defense, reimbursement, exculpation and/or limitation of liability of, and advancement of fees and expenses to, directors or officers of such Debtor who served in such capacity after the Petition Date, at least to the same extent as
the bylaws of each of the respective Debtors did on the Petition Date, against any claims or Causes of Action whether direct or derivative, liquidated or unliquidated, fixed or contingent, disputed or undisputed, matured or unmatured, known or
unknown, foreseen or unforeseen, asserted or unasserted, and none of the Reorganized Debtors shall amend and/or restate their certificate of incorporation or bylaws before or after the Effective Date to terminate or materially adversely affect any
of these obligations of the Reorganized Debtors’ or such directors’, officers’, employees’ or agents’ rights. 
 6.4. Directors and Officers of the Reorganized Debtors 
 The identity and
affiliations of each individual proposed to serve as a director, officer or voting trustee of any Reorganized Debtor after the Effective Date, as well as the nature of any compensation of such individual who is an insider of a Debtor, will be
disclosed in the Plan Supplement no later than the Confirmation Hearing. No director, officer, manager or 

  
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trustee of a Debtor who continues to serve a Reorganized Debtor in any capacity after the Effective Date shall be liable to any Person for any Claim that arose prior to the Effective Date in
connection with service as a director, officer, manager or trustee of a Debtor. 
 The New Board of Directors shall be composed
of nine (9) directors consisting of: (i) the chief executive officer of Reorganized Kodak; (ii) six (6) directors designated by the Backstop Parties (one of which shall be James Continenza, as long as he is able and willing
to serve and one of which shall be selected in consultation with the Creditors’ Committee); and (iii) two (2) directors to be designated by the Creditors’ Committee in consultation with the Requisite Backstop Parties; provided,
that (x) not less than five of the directors identified or designated pursuant to clause (ii) and (y) the directors identified or designated pursuant to clause (iii) shall, in each case, be “independent” (as defined in
the rules and regulations governing the requirements of companies listing on the New York Stock Exchange) with respect to Reorganized Kodak.). 

  
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	7.	COMPENSATION AND BENEFITS PROGRAMS 

7.1. New Compensation and Benefits Programs 
 Management Arrangements. On the Effective Date, Reorganized Kodak shall enter into the New Management Agreements. 
 On the Effective Date, Reorganized Kodak shall adopt the New Equity Plan authorizing the grant, from time to time, of stock- and cash-based awards to eligible officers, directors and employees of
Reorganized Kodak. The New Board of Directors will establish a management incentive program that is in form and substance reasonably satisfactory to the Requisite Backstop Parties providing for the grant of stock-based awards under the New Equity
Plan. 
 Other Arrangements. On the Effective Date, and as more fully set forth in the Plan Supplement, the Reorganized
Debtors shall enter into the New Non-Qualified Employee Compensation Plan. 
 7.2. Compensation and Benefits Programs

 On the Effective Date, with respect to all Compensation and Benefits Programs (including, for the avoidance of doubt, the
Qualified Plans), each Reorganized Debtor shall assume and continue to honor in accordance with their terms and applicable laws (including, as applicable, ERISA and the Internal Revenue Code) and perform all Compensation and Benefits Programs to
which the applicable Debtor is party, subject to any rights to terminate or modify such plans. As of the Effective Date, all Non-Qualified Plans will be deemed terminated. 
 The Debtors’ or Reorganized Debtors’ performance under any employment agreement will not entitle any person to any benefit or alleged entitlement under any contract, agreement, policy, program
or plan that has expired or been terminated before the Effective Date, or restore, reinstate or revive any such benefit or alleged entitlement under any such contract, agreement, policy program or plan, and any assumed Compensation and Benefits
Programs shall be subject to modification in accordance with their terms. Nothing herein shall limit, diminish or otherwise alter the Debtors’ or the Reorganized Debtors’ defenses, claims, Causes of Action or other rights with respect to
any such contracts, agreements, policies, programs and plans, including the Reorganized Debtors’ rights to modify unvested benefits pursuant to their terms, nor shall confirmation of the Plan and/or consummation of any restructuring
transactions constitute a change in control or change in ownership under any such contracts, agreements, policies, programs and plans. 
 7.3. Workers’ Compensation Program 
 On the Effective Date, except as
set forth in the Plan or Amended Disclosure Statement, the Reorganized Debtors shall assume and continue to honor the Debtors’ obligations under (a) all applicable workers’ compensation laws in states in which the Reorganized Debtors
operate and (b) the Debtors’ written contracts, agreements, agreements of indemnity, self-insurer workers’ compensation bonds, policies, programs, and plans for workers’ compensation and

  
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workers’ compensation insurance. As of the Effective Date, all Proofs of Claim on account of workers’ compensation shall be deemed withdrawn automatically and without any further notice
to or action, order, or approval of the Bankruptcy Court; provided that nothing in the Plan shall limit, diminish, or otherwise alter the Debtors’ or Reorganized Debtors’ defenses, Causes of Action, or other rights under applicable
non-bankruptcy law with respect to any such contracts, agreements, policies, programs and plans; provided, further, that nothing herein shall be deemed to impose any obligations on the Debtors or the Reorganized Debtors in addition to
what is provided for under applicable state law. 
 7.4. Compensation Arrangements with APS 

On the Effective Date, Reorganized Kodak shall assume, and continue to honor and perform, any compensation agreements with APS in
connection with its role as crisis managers and specifically in connection with its provision of a chief restructuring officer and interim chief financial officer. 

  
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	8.	TREATMENT OF EXECUTORY CONTRACTS AND UNEXPIRED
LEASES 

 8.1. Rejection of Executory Contracts and
Unexpired Leases 
 Except as otherwise provided herein, all Executory Contracts and Unexpired Leases will be rejected by the
Plan on the Effective Date pursuant to sections 365 and 1123 of the Bankruptcy Code, other than (a) Executory Contracts or Unexpired Leases previously assumed or rejected pursuant to an order of the Bankruptcy Court, (b) Executory
Contracts or Unexpired Leases that are the subject of a motion to assume that is pending on the Effective Date and (c) Specified Contracts that Kodak elects to assume pursuant to the Plan. Entry of the Confirmation Order by the Bankruptcy Court
shall constitute approval of the rejection of such Executory Contracts and Unexpired Leases pursuant to sections 365 and 1123 of the Bankruptcy Code. Nothing herein shall compromise the rights of any non-Debtor counterparty who is a licensor of a
right to intellectual property to exercise its rights under section 365(n) of the Bankruptcy Code or any other similar rights. 

8.2. Claims Against the Debtors Upon Rejection 
 No Executory Contract or Unexpired Lease rejected by the Debtors on or prior to the Effective Date shall create any obligation or liability of the Debtors or the Reorganized Debtors that is not a Claim.
Any Proof of Claim arising from or relating to the rejection of an Executory Contract or Unexpired Lease pursuant to the Plan must be filed with the Bankruptcy Court within 30 days after the Effective Date, unless rejected at a later date as a
result of a disputed assumption, assignment or cure amount as set forth in Article 8.5 herein. Any Claim arising from or relating to the rejection of an Executory Contract or Unexpired Lease that is not filed with the Bankruptcy Court within such
time will be automatically disallowed, forever barred from assertion, and shall not be enforceable against the Debtors, the Reorganized Debtors or any of their property. Any Allowed Claim arising from the rejection of an Executory Contract or
Unexpired Lease shall be classified as an Unsecured Claim, and shall be treated in accordance with Article 4.2. Nothing herein shall compromise the rights of any non-Debtor counterparty who is a licensee of a right to intellectual property to
exercise its rights under section 365(n) of the Bankruptcy Code or any other similar rights. 
 8.3. Cure and Assumption of
Specified Contracts 
 Any counterparty to a Specified Contract that fails to object timely to the proposed assumption of
such Specified Contract or the related cure amount will be deemed to have consented to the assumption and cure on the terms provided in the notice, and entry of the Confirmation Order by the Bankruptcy Court shall constitute approval of assumption
and amount required to cure a default (if any) under such Specified Contract and/or a determination of the cure amount, as applicable, pursuant to sections 365 and 1123 of the Bankruptcy Code. Any payment required to cure a default under a Specified
Contract shall be paid in Cash promptly after the Effective Date or, if there is a dispute regarding the assumption or cure of such Specified Contract, the entry of a Final Order or orders resolving such dispute. 

  
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 8.4. Effect of Assumption 

Assumption of any Executory Contract or Unexpired Lease, pursuant to the Plan or otherwise, shall result in the full release and
satisfaction of any Claims or defaults, whether monetary or nonmonetary, and the deemed waiver of any termination right or remedial provision arising under any such Executory Contract or Unexpired Lease at any time prior to the effective date of its
assumption, or as a result of such assumption, the transactions contemplated by the Plan or any changes in control or ownership of any Debtors during the Chapter 11 Cases as a result of the implementation of the Plan. Notwithstanding the foregoing,
with respect to Executory Contracts with customers of the Debtors that are assumed pursuant to the Plan, the Reorganized Debtors shall remain obligated to honor any obligations set forth in such contracts to provide rebates or discounts, to the
extent such rebates or discounts accrued but are not yet due under the terms of such contracts, in the ordinary course of business. Any Proofs of Claim filed with respect to an Executory Contract or Unexpired Lease that has been assumed shall be
deemed disallowed and expunged without further notice to, or action, order or approval of, the Bankruptcy Court, except in the event that the applicable Debtor and the counterparty to an Executory Contract or Unexpired Lease have separately agreed
to a waiver or reduction of obligations that would otherwise constitute cure obligations, subject to the counterparties’ explicit retention of their rights to assert any such amounts as Unsecured Claims. 

Each Executory Contract and Unexpired Lease assumed pursuant to this Article 8 or any order of the Bankruptcy Court, which has not been
assigned to a third party on or prior to the Effective Date, shall vest in, and be fully enforceable by, the applicable Reorganized Debtor in accordance with its terms, except as such terms are modified by the provisions of the Plan or any order of
the Bankruptcy Court. 
 8.5. Assumption or Rejection of Disputed Contracts 

Except as otherwise provided by order of the Bankruptcy Court, if there is a dispute as of the Effective Date regarding any of the terms
or conditions for the assumption, assignment or cure of an Executory Contract or Unexpired Lease (whether or not a Specified Contract) proposed by the Debtors to be assumed by the Reorganized Debtors or assumed and assigned to any other Person, the
Reorganized Debtors shall have until 30 days after entry of a Final Order resolving such dispute to determine whether to (a) proceed with assumption (or assumption and assignment, as applicable) in a manner consistent with such Final Order or
(b) reject the Executory Contract or Unexpired Lease. If the Reorganized Debtors elect to reject the applicable Executory Contract or Unexpired Lease, the Reorganized Debtors shall send written notice of rejection to the applicable counterparty
within such 30-day period and the counterparty may file a Proof of Claim arising out of rejection within 30 days after receipt of notice of rejection. 
 8.6. Modification, Amendments, Supplements, Restatements or Other Agreements 

Unless otherwise provided in the Plan, each Executory Contract or Unexpired Lease that is assumed or rejected shall include all
modifications, amendments, supplements, restatements or other agreements that in any manner affect such Executory Contract or Unexpired Lease, and all Executory Contracts and Unexpired Leases related thereto, if any,

  
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 including all easements, licenses, permits, rights, privileges, immunities, options, rights of first refusal
and any other interests, unless any of the foregoing agreements have been previously rejected or repudiated or are rejected or repudiated under the Plan. 
 Modifications, amendments, supplements and restatements to Prepetition Executory Contracts and Unexpired Leases that have been executed by the Debtors during the Chapter 11 Cases shall not be deemed to
alter the Prepetition nature of such Executory Contract or Unexpired Leases or the validity, priority or amount of any Claims that may arise in connection therewith. 
 8.7. Reservation of Rights 
 Neither the exclusion nor inclusion of any
Executory Contract or Unexpired Lease as a Specified Contract, nor anything contained in the Plan, shall constitute an admission by the Debtors that any such contract or lease is in fact an Executory Contract or Unexpired Lease, or that any
Reorganized Debtor has any liability thereunder. 
 8.8. Contracts and Leases Entered Into After the Petition Date

 Each Reorganized Debtor will perform its obligations under each contract and lease entered into by such Reorganized Debtor
after the Petition Date, including any Executory Contract and Unexpired Lease assumed by such Reorganized Debtor, in each case, in accordance with and subject to the then applicable terms. Accordingly, such contracts and leases (including any
assumed Executory Contracts or Unexpired Leases) will survive and remain unaffected by entry of the Confirmation Order. 
 8.9.
Directors and Officers Insurance Policies and Agreements 
 To the extent that the D&O Liability Insurance Policies
issued to, or entered into by, the Debtors prior to the Petition Date constitute executory contracts, notwithstanding anything in the Plan to the contrary, the Reorganized Debtors shall be deemed to have assumed all of the Debtors’ unexpired
D&O Liability Insurance Policies pursuant to section 365(a) of the Bankruptcy Code effective as of the Effective Date. Entry of the Confirmation Order will constitute the Bankruptcy Court’s approval of the Reorganized Debtors’
foregoing assumption of each of the D&O Liability Insurance Policies. Notwithstanding anything to the contrary contained in the Plan, confirmation of the Plan shall not discharge, impair or otherwise modify any advancement, indemnity or other
obligations of the D&O Liability Insurance Policies. 
 In addition, after the Effective Date, none of the Reorganized
Debtors shall terminate or otherwise reduce the coverage under any of the D&O Liability Insurance Policies with respect to conduct occurring prior thereto, and all directors and officers of the Debtors who served in such capacity at any time
prior to the Effective Date shall be entitled from the insurers to the full benefits of any such policy for the full term of such policy regardless of whether such directors and officers remain in such positions after the Effective Date. 

  
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 8.10. Indemnification and Reimbursement Obligations 

On and from the Effective Date, except as prohibited by applicable law and subject to the limitations set forth herein, the Reorganized
Debtors shall assume all (i) contractual indemnification obligations set forth in the Plan Supplement and the Backstop Commitment Agreement and (ii) indemnification obligations currently in place in the Debtors’ bylaws, certificates
of incorporation (or other formation documents), board resolutions, and in Compensation and Benefits Programs or other agreements with the Indemnified Parties, including any agreements with APS. Without limiting the foregoing and except as
prohibited by applicable law, the Debtors shall indemnify and hold harmless each of the Indemnified Parties for all costs, expenses, loss, damage or liability incurred by any such Indemnified Party arising from or related in any way to any and all
Causes of Action whether known or unknown, whether for tort, contract, violations of federal or state securities laws or otherwise, including any claims or causes of action, whether direct or derivative, liquidated or unliquidated, fixed or
contingent, disputed or undisputed, matured or unmatured, known or unknown, foreseen or unforeseen, asserted or unasserted, based in whole or in part upon any act or omission, transaction or other occurrence or circumstances existing or taking place
prior to or on the Effective Date arising from or related in any way to the Debtors, including those arising from or related in any way to: (a) any action or omission of any such Indemnified Party with respect to any indebtedness of or any
Equity Interest in the Debtors (including any action or omission of any such Indemnified Party with respect to the acquisition, holding, voting or disposition of any such investment); (b) any action or omission of any such Indemnified Party in
such Indemnified Party’s capacity as an officer, director, member, employee, partner or agent of, or advisor to any Debtor; (c) any disclosure made or not made by any Indemnified Party to any current or former Holder of any such
indebtedness of or any such Equity Interest in the Debtors; (d) any consideration paid to any such Indemnified Party by any of the Debtors in respect of any services provided by any such Indemnified Party to any Debtor; and (e) any action
taken or not taken in connection with the Chapter 11 Cases or the Plan, other than costs, expenses, loss, damage or liability arising out of or relating to any act or omission that is determined by a Final Order to have constituted willful
misconduct, gross negligence, fraud or a criminal act. In the event that any such Indemnified Party becomes involved in any action, proceeding or investigation brought by or against any Indemnified Party, as a result of matters to which the
foregoing “Indemnification” may be related, the Reorganized Debtors shall promptly reimburse any such Indemnified Party for its reasonable and documented legal and other expenses (including advancing the costs of any investigation and
preparation prior to final adjudication) incurred in connection therewith as such expenses are incurred and after a request for indemnification is made in writing, with reasonable documentation in support thereof; provided that, with respect
to those individuals who were directors or officers of any of the Debtors at any time prior to the Effective Date (other than the chief restructuring officer, the interim chief financial officer, and other temporary staff provided by APS), but who,
as of the Effective Date, no longer are directors or officers of such Debtor, the Debtors’ obligation to make advancements to and indemnify such individuals shall be limited to the extent of available coverage under their D&O Liability
Insurance Policies (and payable from the proceeds of such D&O Liability Insurance Policies). 

  
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	9.	PROVISIONS GOVERNING DISTRIBUTIONS 

9.1. Initial Distributions 
 On the Initial Distribution Date, the Distribution Agent shall make Distributions under the Plan on account of each Claim that is Allowed on or prior to the Effective Date. 

9.2. Subsequent Distributions 
 9.2.1 Subsequent Distribution Dates. Reorganized Kodak shall (in consultation with the Kodak GUC Trustee) identify periodic dates after the Initial Distribution Date to be Subsequent Distribution
Dates for purposes of making additional Distributions under the Plan. Each Subsequent Distribution Date shall be a Business Day and the period between any Subsequent Distribution Date and the prior Distribution Date shall not exceed 180 days.

 9.2.2 Distributions on Disputed Claims. The Distribution Agent shall make Distributions with respect to a Claim that
becomes an Allowed Claim after the Effective Date on the first Subsequent Distribution Date after such Claim is Allowed. Unless Reorganized Kodak otherwise agrees, no partial Distributions shall be made with respect to a Disputed Claim until all
disputes in connection with such Disputed Claim have been resolved by Final Order of the Bankruptcy Court. 
 9.2.3
Distributions on Allowed Claims from Disputed Claims Reserve. If there is Excess Property in the Disputed Claims Reserve on any Distribution Date and Reorganized Kodak so directs, the Distribution Agent shall make an additional Distribution
to each Holder of an Allowed General Unsecured Claim in an amount equal to such Holder’s Pro Rata share of such Excess Property. 
 9.3. Record Date and Delivery of Distributions 
 9.3.1 Record Date for
Distributions. On the Distributions Record Date, the Claims Register shall be closed and the Distribution Agent shall be authorized and entitled to recognize only those Holders of Claims listed on the Claims Register as of the close of business
on the Distributions Record Date. If a Claim, other than one based on a publicly traded security, is transferred 20 or fewer days before the Distributions Record Date, the Distribution Agent shall make distributions to the transferee only to the
extent practical, and in any event, only if the relevant transfer form contains an unconditional and explicit certification and waiver of any objection to the transfer by the transferor. 

9.3.2 Delivery of Distributions in General. Except as otherwise provided herein, the Distribution Agent shall make all
Distributions required under the Plan to Holders of Allowed Claims, except that distributions to Holders of Allowed Claims governed by a separate agreement and administered by a Servicer shall be deposited with the appropriate Servicer, at which
time such distributions shall be deemed complete, and the Servicer shall deliver such distributions in accordance with the Plan and the terms of the governing agreement. Except as otherwise provided herein, and notwithstanding any authority to the
contrary, Distributions to Holders of Allowed Claims shall be made to Holders of record as of the Distributions Record 

  
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Date by the Distribution Agent or a Servicer as appropriate: (a) to the signatory set forth on any of the Proofs of Claim filed by such Holder or other representative identified therein (or
at the last known addresses of such Holder if no Proof of Claim is filed or if the Debtors, the Reorganized Debtors or the Distribution Agent have been notified in writing of a change of address); (b) at the addresses set forth in any written
notices of change of address delivered to the Notice and Claims Agent; or (c) at the addresses reflected in the Schedules if no Proof of Claim has been filed and the Notice and Claims Agent has not received a written notice of a change of
address. The Debtors, the Reorganized Debtors, the Distribution Agent and the Notice and Claims Agent shall not incur any liability whatsoever on account of the delivery of any Distributions under the Plan. 

9.3.3 Foreign Currency Exchange Rate. Except as otherwise provided herein, an order of the Bankruptcy Court, or as agreed to by
the Holder and the Debtors or the Reorganized Debtors, as applicable, any Claim asserted in a currency other than U.S. dollars shall be automatically deemed converted to the equivalent U.S. dollars at the Exchange Rate. 

9.4. Distribution Agents 
 The Debtors and the Reorganized Debtors, as applicable, shall have the authority, in their sole discretion, to enter into agreements with one or more Distribution Agents to facilitate the Distributions
required hereunder. To the extent the Debtors and the Reorganized Debtors, as applicable, do determine to utilize a Distribution Agent to facilitate the Distributions, such Distribution Agent would first be required to: (a) affirm its
obligation to facilitate the prompt distribution of any documents; (b) affirm its obligation to facilitate the prompt distribution of any recoveries or Distributions required under the Plan; and (c) waive any right or ability to set off,
deduct from or assert any Lien or other encumbrance against the Distributions required under the Plan to be distributed by such Distribution Agent. 
 The Debtors or the Reorganized Debtors, as applicable, shall pay to the Distribution Agents all of their reasonable and documented fees and expenses without the need for any approvals, authorizations,
actions or consents of the Bankruptcy Court or otherwise. The Distribution Agents shall submit detailed invoices to the Debtors or the Reorganized Debtors, as applicable, for all fees and expenses for which the Distribution Agents seek reimbursement
and the Debtors or the Reorganized Debtors, as applicable, shall pay those amounts that they, in their sole discretion, deem reasonable, and shall object in writing to those fees and expenses, if any, that the Debtors or the Reorganized Debtors, as
applicable, deem to be unreasonable. In the event that the Debtors or the Reorganized Debtors, as applicable, object to all or any portion of the amounts requested to be reimbursed in a Distribution Agent’s invoice, the Debtors or the
Reorganized Debtors, as applicable, and such Distribution Agent shall endeavor, in good faith, to reach mutual agreement on the amount of the appropriate payment of such disputed fees and/or expenses. In the event that the Debtors or the Reorganized
Debtors, as applicable, and a Distribution Agent are unable to resolve any differences regarding disputed fees or expenses, either party shall be authorized to move to have such dispute heard by the Bankruptcy Court. 

  
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 9.5. Delivery of Distributions to DIP Facility Claims 

For purposes of Distributions hereunder, the DIP ABL Agent shall be deemed to be the Holder of all DIP ABL Claims, and the DIP Term Loan
Agent shall be the Holder of all DIP Term Loan Claims, and all Distributions on account of the DIP Facility Claims shall be made to the applicable DIP Facility Agent. As soon as practicable following compliance with the other requirements set forth
in this Article 9, the DIP Facility Agents shall arrange to deliver or direct the delivery of such Distributions to the applicable holders of Allowed DIP Facility Claims. Notwithstanding anything in the Plan to the contrary, and without limiting the
exculpation and release provisions of the Plan, the DIP Facility Agents shall not have any liability to any person with respect to Distributions made or directed to be made by the DIP Facility Agents. 

9.6. Delivery of Distributions to Second Lien Notes Claims 

The Second Lien Indenture Trustee shall be deemed to be the Holder of all Second Lien Notes Claims for purposes of Distributions
hereunder, and all Distributions on account of Second Lien Notes Claims shall be made to or on behalf of the Second Lien Indenture Trustee. The Second Lien Indenture Trustee shall hold or direct such Distributions for the benefit of the holders of
Allowed Second Lien Notes Claims. As soon as practicable following compliance with the other requirements set forth in this Article 9, the Second Lien Indenture Trustee shall arrange to deliver such Distributions to, or on behalf of, such holders of
Allowed Second Lien Notes Claims. For the avoidance of doubt, the Second Lien Indenture Trustee shall only be required to act to make Distributions in accordance with the terms of the Plan. The Debtors’ obligations to make Distributions to the
Holders of the Second Lien Notes Claims in accordance with Article 4 above shall be deemed satisfied upon delivery of Distributions to the Second Lien Indenture Trustee or, if consent of the Second Lien Indenture Trustee is given, to the
Distribution Agent on behalf of the Second Lien Indenture Trustee, as provided for herein. 
 9.7. Delivery of Distributions
to the Unsecured Notes Claims 
 The Unsecured Notes Trustee shall be deemed to be the Holder of all Unsecured Notes Claims
for purposes of Distributions hereunder, and all Distributions on account of Unsecured Notes Claims shall be made to or on behalf of the Unsecured Notes Trustee. The Unsecured Notes Trustee shall hold or direct such Distributions for the benefit of
holders of Allowed Unsecured Notes Claims. As soon as practicable following compliance with the other requirements set forth in this Article 9, the Unsecured Notes Trustee shall arrange to deliver such Distributions to, or on behalf of, such holders
of Allowed Unsecured Notes Claims. For the avoidance of doubt, the Unsecured Notes Trustee shall only be required to act to make Distributions in accordance with the terms of the Plan. The Debtors’ obligations to make Distributions to the
Holders of Unsecured Notes Claims in accordance with Article 4 above shall be deemed satisfied upon delivery of Distributions to the Unsecured Notes Trustee or, if consent of the Unsecured Notes Trustee is given, to the Distribution Agent on behalf
of the Unsecured Notes Trustee, as provided for herein. 

  
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 9.8. Fractional and De Minimis Distributions 

Notwithstanding anything herein to the contrary, the Reorganized Debtors and the Distribution Agent shall not be required to make
Distributions or payments of less than $50.00, or such other amount as the Reorganized Debtors and the Kodak GUC Trustee reasonably agree, which amount shall be set forth in the Plan Supplement (whether Cash or otherwise) and shall not be required
to make partial Distributions or Distributions of fractional shares of New Common Stock. Whenever any payment or Distribution of a fractional share of New Common Stock under the Plan would otherwise be called for, the actual payment or Distribution
will reflect a rounding of such fraction to the nearest number of shares of New Common Stock (up or down), with half shares of New Common Stock or less being rounded down. 
 In addition, the Distribution Agent may, but shall not have any obligation to, make a Distribution on account of an Allowed Claim on a Subsequent Distribution Date if the aggregate amount of all
Distributions authorized to be made on the Distribution Date has an economic value less than $250,000, unless such Subsequent Distribution Date would be the final Distribution Date. 

9.9. Undeliverable Distributions 
 In the event that any Distribution to any Holder is returned as undeliverable, or no address for such Holder is found in the Debtors’ records, no further Distribution to such Holder shall be made
unless and until the Reorganized Debtors or the Distribution Agent is notified in writing of the then-current address of such Holder, at which time such Distribution shall be made to such Holder on the first Distribution Date that is not less than
30 days thereafter. Undeliverable Distributions shall remain in the possession of the Reorganized Debtors and the Distribution Agent until such time as such Distribution becomes deliverable or such Distribution reverts to the Reorganized Debtors or
is cancelled pursuant to Article 9.10 herein, and shall not be supplemented with any interest, dividends, or other accruals of any kind. 
 9.10. Reversion 
 Any Distribution under the Plan that is an Unclaimed
Distribution for a period of six months thereafter shall be deemed unclaimed property under section 347(b) of the Bankruptcy Code, and such Unclaimed Distribution shall revest in the Reorganized Debtors and, to the extent such Unclaimed Distribution
is New Common Stock, such Unclaimed Distribution shall be deemed cancelled. Upon such revesting or cancellation, the Claim of any Holder or its successors and assigns with respect to such property shall be cancelled, discharged and forever barred
notwithstanding any applicable federal or state escheat, abandoned or unclaimed property laws to the contrary. The provisions of the Plan regarding undeliverable Distributions and Unclaimed Distributions shall apply with equal force to Distributions
that are issued by the Debtors, the Reorganized Debtors, or the Distribution Agent made pursuant to any indenture or Certificate, notwithstanding any provision in such indenture or Certificate to the contrary and notwithstanding any otherwise
applicable federal or state escheat, abandoned or unclaimed property law. 

  
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 Nothing contained herein shall require the Reorganized Debtors to attempt to locate any
Holder of an Allowed Claim whose Distribution is declared an undeliverable or Unclaimed Distribution. 
 9.11. Surrender of
Cancelled Instruments or Securities 
 Except as otherwise provided in the Plan, on the Effective Date, or as soon as
reasonably practicable thereafter, each holder of a Certificate shall be deemed to have surrendered such Certificate to the Distribution Agent or a Servicer (to the extent the relevant Claim is administered by a Servicer). Such Certificate shall be
cancelled solely as to the Debtors and the Second Lien Notes Indentures and Unsecured Notes Indentures shall remain in effect and govern the rights and obligations of the Indenture Trustees and the beneficial holders of notes issued under such
indentures. Subject to the foregoing sentence, regardless of any actual surrender of a Certificate, the deemed surrender shall have the same effect as if its Holder had actually surrendered such Certificate (including the discharge of such
Holder’s Claim or Equity Interest pursuant to the Plan), and such Holder shall be deemed to have relinquished all rights, Claims and Equity Interests with respect to such Certificate. Notwithstanding the foregoing paragraph, this Article shall
not apply to any Claims Reinstated pursuant to the terms of the Plan. 
 9.12. Compliance with Tax Requirements and
Allocations to Principal and Interest 
 In connection with the Plan, to the extent applicable, the Reorganized Debtors and
the Distribution Agent shall comply with all tax withholding and reporting requirements imposed on them by any tax law, and all Distributions pursuant hereto shall be subject to such withholding and reporting requirements. Notwithstanding any
provision in the Plan to the contrary, the Reorganized Debtors and the Distribution Agent shall be authorized to take all actions necessary or appropriate to comply with such withholding and reporting requirements, including withholding in kind
(including withholding New Common Stock), liquidating a portion of the Distributions to be made under the Plan to generate sufficient funds to pay applicable withholding taxes, withholding Distributions pending receipt of information necessary to
facilitate such Distributions or establishing any other mechanisms they believe are reasonable and appropriate. For purposes of the Plan, any withheld amount (or property) shall be treated as if paid to the applicable claimant. The Reorganized
Debtors reserve the right to allocate all Distributions made under the Plan in compliance with all applicable wage garnishments, alimony, child support and other spousal awards, liens and encumbrances. Distributions in full or partial satisfaction
of Allowed Claims shall be allocated first to trust fund-type taxes, then to other taxes and then to the principal amount of Allowed Claims, with any excess allocated to unpaid interest that has accrued on
such Claims. 
 9.13. Setoffs 
 Except as otherwise provided herein, a Final Order of the Bankruptcy Court, or as agreed to by the Holder and the Debtors or the Reorganized Debtors, as applicable, each Reorganized Debtor, pursuant to
the Bankruptcy Code (including section 553 thereof), applicable non-bankruptcy law, or such terms as may be agreed to by the Holder and the Debtors or the Reorganized Debtors, as applicable, may, without any further notice to, or action, order or
approval of the Bankruptcy Court, set off against any Allowed Claim and the Distributions to be 

  
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made on account of such Allowed Claim (before any Distribution is made on account of such Allowed Claim), any claims, rights and Causes of Action of any nature that such Debtor or Reorganized
Debtor, as applicable, may hold against the Holder of such Allowed Claim, to the extent such claims, rights or Causes of Action against such Holder have not been otherwise compromised or settled on or prior to the Effective Date (whether pursuant to
the Plan or otherwise); provided that neither the failure to effect such a setoff nor the allowance of any Claim pursuant to the Plan shall constitute a waiver or release by such Debtor or Reorganized Debtor of any such Claims, rights, and
Causes of Action that such Debtor or Reorganized Debtor may possess against such Holder. In no event shall any Holder of a Claim be entitled to set off any Claim against any Claim, right, or Cause of Action of a Debtor or a Reorganized Debtor, as
applicable, unless such Holder has filed a Proof of Claim in the Chapter 11 Cases by the applicable Claims Bar Date preserving such setoff and a Final Order of the Bankruptcy Court has been entered, authorizing and approving such setoff.

 9.14. No Postpetition Interest on Claims 
 Unless otherwise specifically provided for in the Plan or the Confirmation Order (including, for the avoidance of doubt, Article 4.2.3 hereof), required by applicable law, or agreed to by the Debtors or
the Reorganized Debtors, as applicable, postpetition interest shall not accrue or be paid on any Claim, and no Holder of a Claim against the Debtors shall be entitled to interest accruing on, or after the Petition Date, on any such Claim. For the
avoidance of doubt, interest shall not accrue or be paid on any Disputed Claim with respect to the period from the Effective Date to the date an initial or final Distribution is made on account of such Disputed Claim, if and when such Disputed Claim
becomes an Allowed Claim. 
 9.15. No Payment Over the Full Amount 

In no event shall a Holder of a Claim receive more than the full payment of such Claim. To the extent any Holder has received payment in
full with respect to a Claim, such Claim shall be disallowed and expunged without an objection to such Claim having been filed and without any further notice to or action, order, or approval of the Bankruptcy Court. 

9.16. Claims Paid or Payable by Third Parties 
 9.16.1 Claims Paid by Third Parties. If the Debtors become aware of the payment by a third party which causes the Holder of an Allowed Claim to receive more than payment in full, the Debtors or the
Reorganized Debtors, as applicable, shall send a notice of wrongful payment to the applicable Holder requesting return of any excess payments and advising the recipient of the provisions of the Plan requiring turnover of excess funds. The failure of
such Holder to timely repay or return such Distribution shall result in the Holder owing the applicable Reorganized Debtor annualized interest at the Federal Judgment Rate on such amount owed for each Business Day after the two-week grace period
until the amount is repaid. 
 9.16.2 Claims Payable by Third Parties. To the extent that one or more of the
Debtors’ insurers agrees to satisfy in full a Claim (if and to the extent adjudicated by a court of competent jurisdiction), then immediately upon such insurers’ agreement, such Claim shall be disallowed and expunged without an objection
to such Claim having to be filed and without any further notice to or action, order, or approval of the Bankruptcy Court. 

  
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	10.	PROCEDURES FOR RESOLVING CONTINGENT, UNLIQUIDATED, AND
DISPUTED CLAIMS 

 10.1. Objections to Claims

 Any objections to Claims (other than Administrative Claims) shall be filed on or before the Claims Objection Bar Date.

 10.2. Estimation of Claims 
 Before or after the Effective Date, the Debtors or the Reorganized Debtors, as applicable, may (but are not required to) at any time request that the Bankruptcy Court estimate any Disputed Claim that is
contingent or unliquidated pursuant to section 502(c) of the Bankruptcy Code for any reason, regardless of whether any party previously has objected to such Claim or whether the Bankruptcy Court has ruled on any such objection, and the Bankruptcy
Court shall retain jurisdiction to estimate any such Claim, including during the litigation of any objection to any Claim or during the appeal relating to such objection. Notwithstanding any provision otherwise in the Plan, a Claim that has been
expunged from the Claims Register, but that either is subject to appeal or has not yet been the subject of a Final Order, shall be deemed to be estimated at zero dollars unless otherwise ordered by the Bankruptcy Court. In the event that the
Bankruptcy Court estimates any contingent or unliquidated Claim, that estimated amount shall constitute a maximum limitation on such Claim for all purposes under the Plan (including, but not limited to, for purposes of Distributions). 

Claims may be estimated and subsequently compromised, settled, withdrawn or resolved by any mechanism approved by the Bankruptcy Court or
under the Plan. Notwithstanding section 502(j) of the Bankruptcy Code, in no event shall any Holder of a Claim that has been estimated pursuant to section 502(c) of the Bankruptcy Code or otherwise be entitled to seek reconsideration of
such estimation of such Claim unless the Holder of such Claim has filed a motion with the Bankruptcy Court requesting the right to seek such reconsideration on or before 20 calendar days after the date such Claim is estimated by the Bankruptcy
Court. 
 10.3. Expungement and Disallowance of Claims 

10.3.1 Paid, Satisfied, Amended, Duplicate or Superseded Claims. Any Claim that has been paid, satisfied, amended, duplicated (by
virtue of the substantive consolidation provided for under this Plan, or otherwise) or superseded, may be adjusted or expunged on the Claims Register by the Reorganized Debtors on or after 14 calendar days after the date on which notice of such
adjustment or expungement has been filed with the Bankruptcy Court, without an objection to such Claim having to be filed, and without any further action, order or approval of the Bankruptcy Court. 

10.3.2 Retiree Benefit Claims. Consistent with the Retiree Settlement, any Claims filed by Retirees on account of Retiree
Benefits modified by the Retiree Settlement are expunged and disallowed without an objection to such Claim having to be filed, and without any further notice to or action, order or approval of the Bankruptcy Court. 

  
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 10.3.3 Claims by Persons From Which Property Is Recoverable. Unless otherwise agreed
to by the Reorganized Debtors or ordered by the Bankruptcy Court, any Claims held by any Person or Entity from which property is recoverable under sections 542, 543, 550 or 553 of the Bankruptcy Code, or that is a transferee of a transfer avoidable
under sections 522(f), 522(h), 544, 545, 547, 548, 549 or 724(a) of the Bankruptcy Code, shall be deemed disallowed pursuant to section 502(d) of the Bankruptcy Code, and any Holder of such Claim may not receive any Distributions on account of such
Claim until such time as such Cause of Action against that Person or Entity has been resolved. 
 10.3.4 Indemnification
Claims. All Claims filed on account of an indemnification obligation to a director, officer or employee shall be deemed satisfied and expunged from the Claims Register as of the Effective Date, to the extent such indemnification obligation is
assumed (or honored or reaffirmed, as the case may be) pursuant to the Plan, without any further notice to or action, order or approval of the Bankruptcy Court. 
 10.3.5 Employee Benefit Claims. All Claims filed on account of obligations owed under any Compensation and Benefits Program (including, for the avoidance for doubt, the Qualified Plans) shall be
deemed satisfied, withdrawn and expunged from the Claims Register as of the Effective Date, to the extent the Reorganized Debtors elect to assume or continue to honor such Compensation and Benefits Program, without any further action of the Debtors
or Reorganized Debtors and without further notice to, or action, order or approval of, the Bankruptcy Court. 
 10.3.6
Claims Filed After the Applicable Claims Bar Date. Except as otherwise specifically provided herein or in a Final Order of the Bankruptcy Court, any and all Proofs of Claim filed after the applicable Claims Bar Date shall be deemed disallowed
and expunged as of the Effective Date without any further notice to or action, order or approval of the Bankruptcy Court, and any and all Holders of such Claims shall not receive any Distributions on account of such Claims, unless such late-filed
Proof of Claim has been deemed timely filed by a Final Order of the Bankruptcy Court. 
 10.4. Amendments to Proofs of
Claim 
 On or after the Effective Date, a Proof of Claim may not be amended (other than solely to update or correct the name
or address of the Holder of such Claim) without the prior authorization of the Bankruptcy Court or the Reorganized Debtors, and any such amended Proof of Claim filed without such prior authorization shall be deemed disallowed in full and expunged
without any further notice to or action, order or approval of the Bankruptcy Court. 
 10.5. No Distributions Pending
Allowance 
 If an objection to a Claim or a portion thereof is filed as set forth in Article 10 herein or the Claim
otherwise remains a Disputed Claim, except as otherwise provided in a Final Order of the Bankruptcy Court, no payment or Distribution provided under the Plan shall be made on account of such Claim or portion thereof, as applicable, unless and until
such Disputed Claim becomes an Allowed Claim. 

  
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 10.6. Distributions After Allowance 

To the extent that a Disputed Claim ultimately becomes an Allowed Claim, Distributions (if any) shall be made to the Holder of such
Allowed Claim in accordance with the applicable provisions of the Plan. 
 10.7. Administration Responsibilities

 Except as otherwise specifically provided in the Plan, after the Effective Date the Reorganized Debtors shall have the sole
authority to (a) file, withdraw or litigate to judgment objections to Claims, (b) settle or compromise any Disputed Claim without any further notice to or action, order or approval of the Bankruptcy Court, and (c) administer and
adjust, or cause to be administered and adjusted, the Claims Register to reflect any such settlements or compromises without any further notice to or action, order or approval of the Bankruptcy Court; provided that nothing in this Article
10.7 shall limit the ability under the Bankruptcy Code of any party-in-interest to object to any Claim prior to the Claim Objection Bar Date unless otherwise ordered by the Bankruptcy Court. 

10.8. Disputed Claims Reserve 
 On the Initial Distribution Date or as soon thereafter as is reasonably practicable, the Reorganized Debtors (after consultation with the Kodak GUC Trustee) shall set aside in the Disputed Claims Reserve
the amount of New Common Stock or Cash that Reorganized Kodak determines would likely have been distributed to the Holders of all Disputed Claims as if such Disputed Claims had been Allowed on the Effective Date, with the amount of such Allowed
Claims to be determined, solely for the purposes of establishing reserves and for maximum Distribution purposes, to be the lesser of (a) the asserted amount of the Disputed Claim filed with the Bankruptcy Court as set forth in the
non-duplicative Proof of Claim, or (if no proof of such Claim was filed) listed by the Debtors in the Schedules, (b) the amount, if any, estimated by the Bankruptcy Court pursuant to section 502(c) of the Bankruptcy Code or ordered by other
order of the Bankruptcy Court, or (c) the amount otherwise agreed to by the Debtors or the Reorganized Debtors in consultation with the Requisite Backstop Parties, as applicable, and the Holder of such Disputed Claim for Distribution purposes.
With respect to all Disputed Claims that are General Unsecured Claims and are unliquidated or contingent and for which no dollar amount is asserted on a Proof of Claim, the Debtors will reserve an aggregate number of shares of New Common Stock
adjusted from time to time equal to the amount reasonably determined by the Debtors. 
 The Distribution Agent may, at the
direction of the Debtors or the Reorganized Debtors, adjust the Disputed Claims Reserve to reflect all earnings thereon (net of any expenses relating thereto, such expenses including any taxes imposed thereon or otherwise payable by the reserve), to
be distributed on the Distribution Dates, as required by this Plan. The Distribution Agent shall hold in the Disputed Claims Reserve all dividends, payments and other distributions made on account of, as well as any obligations arising from, the
property held in the Disputed Claims Reserve, to the extent that such property continues to be so held at the time such distributions are made or such obligations arise. The taxes imposed on the Disputed Claims Reserve (if any) shall be paid by the
Distribution Agent from the property held in the Disputed Claims Reserve, and the Reorganized Debtors shall have no liability for such taxes. 

  
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 To the extent that a Disputed Claim becomes an Allowed Claim after the Effective Date, the
Distribution Agent will, out of the Disputed Claims Reserve, distribute to the Holder thereof the Distribution, if any, to which such Holder is entitled in accordance with this Plan. Subject to this Plan, all Distributions made under this paragraph
on account of Allowed Claims will be made together with any dividends, payments or other Distributions made on account of, as well as any obligations arising from, the distributed property, then held in the Disputed Claims Reserve as if such Allowed
Claim had been an Allowed Claim on the dates Distributions were previously made to Allowed Claim Holders included in the applicable Class under this Plan. 
 The Distribution Agent shall cause all New Common Stock in the Disputed Claims Reserve to be voted in proportion to the votes of all other holders of New Common Stock. After all Disputed Claims have
become Allowed Claims or become disallowed and all Distributions required pursuant to this Plan have been made, the Distribution Agent shall, at the direction of Reorganized Debtors, either (a) effect a final distribution of the shares
remaining in the Disputed Claims Reserve or (b) effect the orderly sale of the shares remaining in the Disputed Claims Reserve (so long as the aggregate market value of such shares does not exceed $1 million) and distribute the actual Cash
proceeds, in each case as required by this Plan. 

  
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	11.	CONDITIONS PRECEDENT TO EFFECTIVENESS OF THE
PLAN 

 11.1. Conditions Precedent to the Effective Date 

It shall be a condition to the Effective Date of the Plan that the following conditions shall have been satisfied or waived pursuant to
the provisions of Article 11 hereof. 
  

	 	(a)	Confirmation Order. The Confirmation Order shall have been entered in a form and substance reasonably satisfactory to Kodak, the DIP Facility Agents, the
Requisite Backstop Parties, the Creditors’ Committee and the administrative agents under the Emergence Credit Facilities and there shall not be a stay or injunction in effect with respect thereto. 

 

	 	(b)	Backstop Commitment Agreement. The Backstop Commitment Agreement shall be in full force and effect and the transactions contemplated thereunder shall have been
consummated and there shall not be a stay or injunction in effect with respect thereto. 

  

	 	(c)	New Kodak Charter. The Reorganized Kodak Certificate of Incorporation shall have been duly filed with the Secretary of State of New Jersey.

  

	 	(d)	Emergence Credit Facilities. The Emergence Credit Facility Documents shall have been duly executed and delivered by the Reorganized Debtors parties thereto, and
all conditions precedent to the consummation of the Emergence Credit Facilities shall have been waived or satisfied in accordance with the terms thereof and the closing of the Emergence Credit Facilities shall have occurred.

  

	 	(e)	KPP Global Settlement. The KPP Global Settlement shall have been consummated on or prior to the Effective Date. 

 

	 	(f)	Kodak GUC Trust. The Kodak GUC Trust Initial Amount shall have been deposited in the Kodak GUC Trust on or prior to the Effective Date. 

 

	 	(g)	Professional Fee Escrow Account. The Debtors shall have established and funded the Professional Fee Escrow Account in accordance with Article 3.4.2.

  

	 	(h)	Necessary Documents. All actions, documents, certificates and agreements necessary to implement the Plan shall have been effected or executed and delivered, as
applicable. 

  

	 	(i)	Necessary Authorizations. All authorizations, consents, regulatory approvals, rulings or documents that are necessary to implement and effectuate the Plan as of
the Effective Date shall have been received, waived or otherwise resolved. 

  
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 11.2. Waiver of Conditions 

The Debtors may waive conditions to the occurrence of the Effective Date set forth in this Article 11 at any time (x) in
consultation with the Creditors’ Committee, and (y) with the consent of the Requisite Backstop Parties in accordance with section 7.2 of the Backstop Commitment Agreement (which consent shall not be unreasonably withheld, conditioned or
delayed). 
 11.3. Simultaneous Transactions 
 Except as otherwise expressly set forth in the Plan, the Confirmation Order or a written agreement by Kodak, each action to be taken on the Effective Date shall be deemed to occur simultaneously as part
of a single transaction. 
 11.4. Effect of Non-Occurrence of the Effective Date

 If the Effective Date does not occur by October 2, 2013 or such later date as the Debtors, in consultation with the
Requisite Backstop Parties, agree, the Plan shall be null and void in all respects and nothing contained in the Plan or the Amended Disclosure Statement shall constitute a waiver or release of any claims by or Claims against or Equity Interests in
the Debtors, prejudice in any manner the rights of the Debtors or any other Person, or constitute an admission, acknowledgment, offer or undertaking by the Debtors or any Person. 

  
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	12.	SETTLEMENT, RELEASE, INJUNCTION AND RELATED
PROVISIONS 

 12.1. Compromise and Settlement 

Pursuant to section 363 of the Bankruptcy Code and Bankruptcy Rule 9019 and in consideration for the Distributions and other benefits
provided pursuant to the Plan, the provisions of the Plan shall constitute a good faith compromise of all Claims, Equity Interests and controversies relating to the contractual, legal, and subordination rights that a Holder of a Claim may have with
respect to any Allowed Claim, or any Distribution to be made on account of such Allowed Claim. The entry of the Confirmation Order shall constitute the Bankruptcy Court’s approval of the compromise or settlement of all such Claims and
controversies, as well as a finding by the Bankruptcy Court that such compromise or settlement is in the best interests of the Debtors and their Estates and is fair, equitable and reasonable. 

12.2. Subordinated Claims 
 The allowance, classification and treatment of all Allowed Claims and Equity Interests and the respective Distributions and treatments under the Plan take into account and conform to the relative priority
and rights of the Claims and Equity Interests in each Class in connection with any contractual, legal, and equitable subordination rights relating thereto, however the Debtors reserve the right to reclassify any Allowed Claim or Equity Interest in
accordance with any contractual, legal or equitable subordination relating thereto. 
 12.3. Discharge of Claims and
Termination of Equity Interests 
 Pursuant to and to the fullest extent permitted by the Bankruptcy Code, except as
otherwise specifically provided in the Plan or the Confirmation Order, the treatment of Claims and Equity Interests under the Plan shall be in full and final satisfaction, settlement, release, discharge, and termination, as of the Effective Date, of
all Claims of any nature whatsoever, whether known or unknown, against, and Equity Interests in, the Debtors, any property of the Estates, the Reorganized Debtors or any property of the Reorganized Debtors, including all Claims of the kind specified
in sections 502(g), 502(h), or 502(i) of the Bankruptcy Code, in each case whether or not: (a) a Proof of Claim or Equity Interest based upon such Claim, debt, right, or Equity Interest is filed or deemed filed pursuant to section 501 of the
Bankruptcy Code; (b) a Claim or Equity Interest based upon such Claim, liability, obligation or Equity Interest is Allowed pursuant to section 502 of the Bankruptcy Code; or (c) the Holder of such a Claim, liability, obligation or Equity
Interest has accepted the Plan. Except as otherwise provided herein, any default by the Debtors or their Affiliates with respect to any Claim that existed immediately prior to or on account of the filing of the Chapter 11 Cases shall be deemed cured
on the Effective Date. 
 12.4. Release of Liens 
 Except as otherwise provided in the Plan or in any contract, instrument, release or other agreement or document entered into or delivered in connection with the Plan, on the Effective Date, all mortgages,
deeds of trust, Liens, pledges or other security interests against any property of the Estates shall be fully released and discharged, and all of the rights, title and interest of any Holder of such mortgages, deeds of trust, Liens, pledges or other
security interests shall revert to the Reorganized Debtors and their successors and assigns. 

  
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 12.5. Debtor Release 

Except as otherwise specifically provided in the Plan, for good and valuable consideration, including the service of the Released
Parties to facilitate the reorganization of the Debtors and the implementation of the restructuring contemplated by the Plan, on and after the Effective Date, the Released Parties are hereby released and discharged by the Debtors, the Reorganized
Debtors and the Estates, including any successor to the Debtors or any Estate representative from all claims, obligations, rights, suits, damages, Causes of Action, remedies and liabilities whatsoever, including any derivative claims asserted or
assertable on behalf of a Debtor, whether known or unknown, foreseen or unforeseen, liquidated or unliquidated, contingent or fixed, existing or hereafter arising, in law, at equity or otherwise, whether for indemnification, tort, contract,
violations of federal or state securities laws or otherwise, including, those that any of the Debtors, the Reorganized Debtors or the Estates would have been legally entitled to assert in their own right (whether individually or collectively) or on
behalf of the Holder of any Claim or Equity Interest or any other Person, based on or relating to, or in any manner arising from, in whole or in part, the Debtors and their non-Debtor subsidiaries, the Estates, the conduct of the businesses of the
Debtors and their non-Debtor subsidiaries, the Chapter 11 Cases, the purchase, sale or rescission of the purchase or sale of any Security of the Debtors or the Reorganized Debtors, the subject matter of, or the transactions or events giving rise to,
any Claim or Equity Interest that is treated in the Plan, the restructuring of Claims and Equity Interests prior to or during the Chapter 11 Cases, the negotiation, formulation or preparation of the Plan, the Plan Supplement, the Amended Disclosure
Statement, the KPP Global Settlement, the Emergence Credit Facility Documents, the Rights Offerings, the Backstop Commitment Agreement or, in each case, related agreements, instruments or other documents, any action or omission with respect to
Intercompany Claims, any action or omission as an officer, director, agent, representative, fiduciary, controlling person, affiliate or responsible party, or any transaction entered into or affecting, a non-Debtor subsidiary, or upon any other act
or omission, transaction, agreement, event, or other occurrence taking place on or before the Effective Date of the Plan, other than claims or liabilities arising out of or relating to any act or omission of a Released Party to the extent such act
or omission is determined by a Final Order to have constituted willful misconduct, gross negligence, fraud or a criminal act. 
 12.6. Release by Holders of Claims 
 Except as otherwise specifically
provided in the Plan, for good and valuable consideration, including the service of the Released Parties to facilitate the reorganization of the Debtors and the implementation of the restructuring contemplated by the Plan, on and after the Effective
Date, to the fullest extent permitted by applicable law, the Releasing Parties (regardless of whether a Releasing Party is a Released Party) shall be deemed to conclusively, absolutely, unconditionally, irrevocably and forever release, waive and
discharge the Released Parties of any and all claims, obligations, rights, suits, damages, Causes of Action, remedies and liabilities whatsoever, including: any derivative claims 

  
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asserted or assertable on behalf of a Debtor, whether known or unknown, foreseen or unforeseen, liquidated or unliquidated, contingent or fixed, existing or hereafter arising, in law, at equity
or otherwise, whether for indemnification, tort, contract, violations of federal or state securities laws or otherwise, including, those that any of the Debtors, the Reorganized Debtors or the Estates would have been legally entitled to assert in
their own right (whether individually or collectively) or on behalf of the Holder of any Claim or Equity Interest or any other Person, based on or relating to, or in any manner arising from, in whole or in part, the Debtors and their non-Debtor
subsidiaries, the Estates, the conduct of the businesses of the Debtors and their non-Debtor subsidiaries, the Chapter 11 Cases, the purchase, sale or rescission of the purchase or sale of any Security of the Debtors or the Reorganized Debtors, the
subject matter of, or the transactions or events giving rise to, any Claim or Equity Interest that is treated in the Plan, the restructuring of Claims and Equity Interests prior to or during the Chapter 11 Cases, the negotiation, formulation or
preparation of the Plan, the Plan Supplement, the Amended Disclosure Statement, the KPP Global Settlement, the Rights Offerings, the Emergence Credit Facility Documents, the Backstop Commitment Agreement or, in each case, related agreements,
instruments or other documents, any action or omission with respect to Intercompany Claims, any action or omission as an officer, director, agent, representative, fiduciary, controlling person, affiliate or responsible party, or any transaction
entered into or affecting, a non-Debtor subsidiary, or upon any other act or omission, transaction, agreement, event or other occurrence taking place on or before the Effective Date of the Plan, other than claims or liabilities arising out of or
relating to any act or omission of a Released Party to the extent such act or omission is determined by a Final Order to have constituted willful misconduct, gross negligence, fraud or a criminal act. 

Each Person providing releases under the Plan, including the Debtors, the Reorganized Debtors, the Estates and the Releasing Parties,
shall be deemed to have granted the releases set forth in those sections notwithstanding that such Person may hereafter discover facts in addition to, or different from, those which it now knows or believes to be true, and without regard to the
subsequent discovery or existence of such different or additional facts, and such Person expressly waives any and all rights that it may have under any statute or common law principle which would limit the effect of such releases to those claims or
causes of action actually known or suspected to exist at the time of execution of such release. 
 Notwithstanding
anything contained herein to the contrary, the foregoing release does not release any post-Effective Date obligations of any party under the Plan or any document, instrument or agreement (including those set forth in the Backstop Commitment
Agreement and the Plan Supplement) executed to implement the Plan. 
 Additionally, nothing in the Debtors’
Chapter 11 Cases, the Confirmation Order, the Plan, the Bankruptcy Code (including section 1141 thereof) or any other document filed in the Chapter 11 Cases shall in any way be construed to discharge, release, limit, or relieve the
Debtors, the Reorganized Debtors, or any other party, in any capacity, from any liability or responsibility with respect to (a) any post-Effective Date obligation arising under the Internal Revenue Code, the Environmental Laws or any criminal
laws of the United States or any state and local authority against the Released Parties or the 

  
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Exculpated Parties or (b) the KRIP and the Qualex Base Plan. The United States, the Pension Benefit Guaranty Corporation, the KRIP, the Qualex Base Plan or any state or local authority shall
not be enjoined or precluded from enforcing such liability or responsibility by any of the provisions of the Plan, Confirmation Order, Bankruptcy Code, or any other document filed in the Chapter 11 Cases. Kodak and its wholly owned subsidiary,
Qualex Inc., sponsor the KRIP and the Qualex Base Plan, respectively, each of which is a defined benefit plan covered by Title IV of the Employee Retirement Security Act of 1974, as amended (“ERISA”) (29 U.S.C. § 1310 et seq.). Kodak
and Qualex, respectively, will continue KRIP and the Qualex Base Plan in accordance with their terms and the relevant provisions of ERISA and the Internal Revenue Code, subject to any statutory right to terminate such plans or any right to modify
such plans. 
 12.7. Exculpation 
 Notwithstanding anything herein to the contrary, as of the Effective Date, the Debtors and their directors, officers (including the chief restructuring officer and interim management), employees,
attorneys, investment bankers, financial advisors, restructuring advisors and other professional advisors, representatives and agents will be deemed to have solicited acceptances of this Plan in good faith and in compliance with the applicable
provisions of the Bankruptcy Code, including section 1125(e) of the Bankruptcy Code and any applicable non-bankruptcy law, rule, or regulation governing the adequacy of disclosure in connection with the solicitation. 

Except with respect to any acts or omissions expressly set forth in and preserved by the Plan, the Plan Supplement or related
documents, the Exculpated Parties shall neither have nor incur any liability to any Entity for any Prepetition or postpetition act taken or omitted to be taken in connection with, or arising from or relating in any way to, the Chapter 11 Cases,
including (a) the operation of the Debtors’ businesses during the pendency of these Chapter 11 Cases; (b) formulating, negotiating, preparing, disseminating, implementing, administering, confirming and/or effecting the issuance of any
shares of New Common Stock in connection with the Plan, the DIP Credit Agreements, the Amended Disclosure Statement and the Plan, the Plan Supplement, the Rights Offerings and the issuance of Rights Offerings Shares, the Rights Offerings Procedures,
the Backstop Commitment, Backstop Fees and any related contract, instrument, release or other agreement or document created or entered into in connection therewith (including the solicitation of votes for the Plan and other actions taken in
furtherance of Confirmation and Consummation of the Plan); (c) the offer and issuance of any securities under or in connection with the Plan, including pursuant to the Rights Offerings and the Backstop Commitment Agreement; or (d) any
other Prepetition or postpetition act taken or omitted to be taken in connection with or in contemplation of the restructuring of the Debtors. 
 Notwithstanding anything herein to the contrary, nothing in the foregoing “Exculpation” shall exculpate any Person or Entity from any liability resulting from any act or omission that is
determined by Final Order to have constituted fraud, willful misconduct, gross negligence, criminal conduct, or limits the liability of the professionals of the Exculpated Parties to their respective clients pursuant to N.Y. Comp. Codes
R. & Regs. Tit. 22 § 1200.8 Rule 1.8(h)(1) (2009) and any other statutes, rules or regulations dealing 

  
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with professional conduct to which such professionals are subject; provided that each Exculpated Party shall be entitled to rely upon the advice of counsel concerning his,
her or its duties pursuant to, or in connection with, the Plan or any other related document, instrument, or agreement. Nothing in the Plan will effectuate the transfer of the GOT Adversary Patents or rights in the GOT Royalties during the pendency
of the GOT Adversary Proceeding. 
 12.8. Injunction 

Except as otherwise expressly provided in the Plan or Confirmation Order, the satisfaction, release and discharge pursuant to this
Article 12 shall also act as a permanent injunction against any Person who has held, holds or may hold Claims or Equity Interests against commencing or continuing any action, employment of process or act to collect, enforce, offset, recoup or
recover any Claim or Cause of Action satisfied, released, or discharged under the Plan or the Confirmation Order to the fullest extent authorized or provided by the Bankruptcy Code, including to the extent provided for or authorized by sections 524
and 1141 thereof. 
 12.9. Limitations on Exculpations and Releases 

Notwithstanding anything to the contrary herein, none of the releases or exculpations set forth herein shall operate to waive or
release any Causes of Action of any Debtor against any Person: (a) arising under any contract, instrument, agreement, release or document delivered pursuant to the Plan or the Rights Offerings, or, in each case, documents, agreements or
instruments executed in connection therewith or (b) expressly set forth in and preserved by the Plan, the Plan Supplement or related documents. 

  
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	13.	MODIFICATION, REVOCATION OR WITHDRAWAL OF THE
PLAN 

 13.1. Modification of Plan

 Subject to the limitations contained in the Plan: (a) the Debtors reserve the right, in consultation with the
Creditors’ Committee and with the consent of the Requisite Backstop Parties (which consent shall not be unreasonably withheld, conditioned or delayed), in accordance with the Bankruptcy Code and the Bankruptcy Rules, to amend or modify the Plan
prior to the entry of the Confirmation Order, including amendments or modifications to satisfy section 1129(b) of the Bankruptcy Code; and (b) after the entry of the Confirmation Order, the Debtors or the Reorganized Debtors, in consultation
with the Creditors’ Committee and with the consent of the Requisite Backstop Parties (which consent shall not be unreasonably withheld, conditioned or delayed), may, upon order of the Bankruptcy Court, amend or modify the Plan, in accordance
with section 1127(b) of the Bankruptcy Code, or remedy any defect or omission or reconcile any inconsistency in the Plan in such manner as may be necessary to carry out the purpose and intent of the Plan. 

13.2. Effect of Confirmation on Modification 
 Entry of a Confirmation Order shall mean that all modifications and amendments to the Plan since the solicitation thereof are approved pursuant to section 1127(a) of the Bankruptcy Code, and do not
require additional disclosure or resolicitation under Bankruptcy Rule 3019. 
 13.3. Revocation of Plan 

The Debtors reserve the right to revoke or withdraw the Plan prior to the entry of the Confirmation Order and to file subsequent plans of
reorganization. If the Debtors revoke or withdraw the Plan, or if the Confirmation Order is not entered or the Effective Date does not occur, then: (a) the Plan shall be null and void in all respects (provided, the Debtors shall remain
obligated to pay the Backstop Fees and Expense Reimbursement to the extent required under the Backstop Commitment Agreement); (b) any settlement or compromise embodied in the Plan, assumption or rejection of executory contracts or leases
affected by the Plan, and any document or agreement executed pursuant hereto shall be deemed null and void; and (c) nothing contained in the Plan shall: (i) constitute a waiver or release of any claims by or Claims against, or any Equity
Interests in, any Debtor or any other Entity; (ii) prejudice in any manner the rights of the Debtors or any other Entity; or (iii) constitute an admission of any sort by the Debtors or any other Entity. 

  
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	14.	RETENTION OF JURISDICTION 

 

	 	14.1.	Retention of Jurisdiction 

Notwithstanding the entry of the Confirmation Order and the occurrence of the Effective Date, the Bankruptcy Court shall retain its
existing exclusive jurisdiction over all matters arising in or out of, or related to, the Chapter 11 Cases or the Plan pursuant to sections 105(a) and 1142 of the Bankruptcy Code, including jurisdiction to: 

 

	 	(a)	Allow, disallow, determine, liquidate, classify, estimate or establish the priority, secured or unsecured status, or amount of any Claim or Equity Interest, including
the resolution of any request for payment of any General Administrative Claim and the resolution of any and all objections to the secured or unsecured status, priority, amount, or allowance of Claims or Equity Interests; 

 

	 	(b)	Decide and resolve all matters related to the granting and denying, in whole or in part, any applications for allowance of compensation or reimbursement of expenses to
Professionals authorized pursuant to the Bankruptcy Code or the Plan; 

  

	 	(c)	Resolve any matters related to: (i) the assumption, assumption and assignment, or rejection of any Executory Contract or Unexpired Lease to which a Debtor is a
party or with respect to which a Debtor may be liable and to hear, determine, and, if necessary, liquidate, any Claims arising therefrom, including any disputes regarding cure obligations in accordance with Article 8.3; and (ii) any dispute
regarding whether a contract or lease is, or was, executory or expired; 

  

	 	(d)	Ensure that Distributions to Holders of Allowed Claims are accomplished pursuant to the Plan; 

 

	 	(e)	Adjudicate, decide or resolve any motions, adversary proceedings, including the GOT Adversary Proceeding, contested or litigated matters, and any other matters, and
grant or deny any applications involving a Debtor that may be pending on the Effective Date; 

  

	 	(f)	Adjudicate, decide or resolve any and all matters related to Causes of Action pending before the Bankruptcy Court on the Effective Date; 

 

	 	(g)	Adjudicate, decide or resolve any Causes of Action, including any Avoidance Actions; 

 

	 	(h)	Adjudicate, decide or resolve any and all matters related to section 1141 of the Bankruptcy Code; 

 

	 	(i)	Adjudicate, decide or resolve any and all matters related to the KPP Claims and the KPP Global Settlement. 

  
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	 	(j)	Enter and implement such orders as may be necessary or appropriate to execute, implement, or consummate the provisions of the Plan and all contracts, instruments,
releases, indentures, and other agreements or documents created in connection with the Plan, Plan Supplement or the Amended Disclosure Statement; 

  

	 	(k)	Enter and enforce any order for the sale of property pursuant to sections 363, 1123, or 1146(a) of the Bankruptcy Code; 

 

	 	(l)	Adjudicate, decide or resolve any and all disputes as to the ownership of any Claim or Equity Interest; 

 

	 	(m)	Resolve any cases, controversies, suits, disputes or Causes of Action that may arise in connection with the interpretation or enforcement of the Plan or any
Entity’s obligations incurred in connection with the Plan; 

  

	 	(n)	Issue injunctions, enter and implement other orders or take such other actions as may be necessary or appropriate to restrain interference by any Entity with
enforcement of the Plan; 

  

	 	(o)	Resolve any cases, controversies, suits, disputes or Causes of Action with respect to the existence, nature and scope of the releases, injunctions, and other provisions
contained in the Plan and enter such orders as may be necessary or appropriate to implement such releases, injunctions, and other provisions; 

  

	 	(p)	Enter and implement such orders as are necessary or appropriate if the Confirmation Order is for any reason modified, stayed, reversed, revoked or vacated;

  

	 	(q)	Determine any other matters that may arise in connection with or relate to the Plan, the Plan Supplement, the Amended Disclosure Statement, the Confirmation Order, or
any contract, instrument, release, indenture, or other agreement or document created in connection with the Plan, the Plan Supplement or the Amended Disclosure Statement; 

 

	 	(r)	Enter an order or final decree concluding or closing the Chapter 11 Cases; 

 

	 	(s)	Adjudicate any and all disputes arising from, or relating to, Distributions under the Plan; 

 

	 	(t)	Consider any modifications of the Plan, to cure any defect or omission, or to reconcile any inconsistency in any Bankruptcy Court order, including the Confirmation
Order; 

  

	 	(u)	 Hear and determine disputes arising in connection with the interpretation, implementation, or enforcement of the Plan, or the Confirmation Order,
including disputes arising under agreements, documents or instruments 

  
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executed in connection with the Plan (other than any dispute arising after the Effective Date under, or directly with respect to, the Emergence Credit Facility Documents and any intercreditor
agreement, which disputes shall be adjudicated in accordance with the terms of such agreements); 

  

	 	(v)	Hear and determine matters concerning state, local, and federal taxes in accordance with sections 346, 505, and 1146 of the Bankruptcy Code; 

 

	 	(w)	Hear and determine all disputes involving the existence, nature, or scope of the Debtors’ discharge, including any dispute relating to any liability arising out of
the termination of employment or the termination of any employee or retirement benefit program, regardless of whether such termination occurred prior to or after the Effective Date; 

 

	 	(x)	Enforce all orders previously entered by the Bankruptcy Court; 

  

	 	(y)	Hear and resolve any disputes relating to the Kodak GUC Trust or the Kodak GUC Trust Agreement; 

 

	 	(z)	Hear and resolve any disputes relating to the Rights Offerings (and the conduct thereof) and the issuances of Rights Offerings Shares; 

 

	 	(aa)	Hear and resolve any disputes relating to the Backstop Commitment Agreement; and 

 

	 	(bb)	Hear any other matter not inconsistent with the Bankruptcy Code. 

 As of the Effective Date, notwithstanding anything in this Article 14 to the contrary, the Emergence Credit Facility Documents shall be governed by the jurisdictional provisions therein. 

  
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	15.	MISCELLANEOUS PROVISIONS 

15.1. Immediate Binding Effect 
 Notwithstanding Bankruptcy Rules 3020(e), 6004(g) or 7062 or otherwise, upon the occurrence of the Effective Date, the terms of the Plan and the Plan Supplement shall be immediately effective and
enforceable and deemed binding upon the Debtors, the Reorganized Debtors and any and all Holders of Claims and Equity Interests (irrespective of whether Holders of such Claims or Equity Interests are deemed to have accepted the Plan), all Entities
that are parties to or are subject to the settlements, compromises, releases, discharges, and injunctions described in the Plan, each Entity acquiring property under the Plan and any and all non-Debtor parties to Executory Contracts and Unexpired
Leases with the Debtors. 
 15.2. Additional Documents 

On or before the Effective Date, the Debtors may file with the Bankruptcy Court such agreements and other documents as may be necessary
or appropriate to effectuate and further evidence the terms and conditions of the Plan. The Debtors or the Reorganized Debtors, as applicable, and all Holders of Claims or Equity Interests receiving Distributions pursuant to the Plan and all other
parties in interest shall, from time to time, prepare, execute and deliver any agreements or documents and take any other actions as may be necessary or advisable to effectuate the provisions and intent of the Plan. 

15.3. Reservation of Rights 
 Except as expressly set forth herein, the Plan shall have no force or effect unless and until the Bankruptcy Court enters the Confirmation Order. Neither the filing of the Plan, any statement or provision
contained herein, nor the taking of any action by a Debtor or any other Entity with respect to the Plan shall be or shall be deemed to be an admission or waiver of any rights of: (a) any Debtor with respect to the Holders of Claims or Equity
Interests or other Entity; or (b) any Holder of a Claim or an Equity Interest or other Entity prior to the Effective Date. 

15.4. Successors and Assigns 
 The rights, benefits and obligations of any Entity named or referred to herein shall be binding on, and shall inure to the benefit of, any heir, executor, administrator, successor or assign of such
Entity. 
 15.5. Term of Injunction or Stays 
 Unless otherwise provided in the Plan or in the Confirmation Order, all injunctions or stays in effect in the Chapter 11 Cases pursuant to sections 105 or 362 of the Bankruptcy Code or any order of the
Bankruptcy Court, and extant on the Confirmation Date (excluding any injunctions or stays contained in the Plan or the Confirmation Order) shall remain in full force and effect until the Effective Date. All injunctions or stays contained in the Plan
or the Confirmation Order shall remain in full force and effect in accordance with their terms. 

  
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 15.6. Entire Agreement 

On the Effective Date, the Plan and the Plan Supplement shall supersede all previous and contemporaneous negotiations, promises,
covenants, agreements, understandings, and representations on such subjects, all of which have become merged and integrated into the Plan. 
 15.7. Exhibits 
 All exhibits and documents included in the Plan Supplement
are incorporated into and are a part of the Plan as if set forth in full in the Plan. Except as otherwise provided in the Plan, such exhibits and documents shall be filed with the Bankruptcy Court no later than seven days prior to the Voting
Deadline. After these exhibits and documents are filed, copies of such exhibits and documents shall be available upon written request to the Debtors’ counsel at the address below or by downloading such exhibits and documents from the Bankruptcy
Court’s website at www.nysb.uscourts.gov or the website of the Debtors’ notice and claims agent at www.kccllc.net/kodak. 
 15.8. Nonseverability of Plan Provisions Upon Confirmation 
 If, prior to
Confirmation, any term or provision of the Plan is held by the Bankruptcy Court to be invalid, void, or unenforceable, the Bankruptcy Court shall have the power to alter and interpret such term or provision to make it valid or enforceable to the
maximum extent practicable, consistent with the original purpose of the term or provision held to be invalid, void or unenforceable, and such term or provision shall then be applicable as altered or interpreted. Notwithstanding any such holding,
alteration, or interpretation, the remainder of the terms and provisions of the Plan will remain in full force and effect and will in no way be affected, impaired, or invalidated by such holding, alteration, or interpretation. The Confirmation Order
shall constitute a judicial determination and shall provide that each term and provision of the Plan, as it may have been altered or interpreted in accordance with the foregoing is: (a) valid and enforceable pursuant to its terms;
(b) integral to the Plan and may not be deleted or modified without the consent of the Debtors; and (c) nonseverable and mutually dependent. 
 15.9. Dissolution of Committees 
 After the Effective Date, the
Creditors’ Committee and Retiree Committee’s functions shall be restricted to and shall not be heard on any issue except: (a) applications filed pursuant to sections 330 and 331 of the Bankruptcy Code, (b) motions or
litigation seeking enforcement of the provisions of the Plan and the transactions contemplated hereunder or under the Confirmation Order and (c) pending appeals and related proceedings; provided that with respect to pending appeals and
related proceedings, the Creditors’ Committee shall continue to comply with sections 327, 328, 329, 330, 331 and 1103 of the Bankruptcy Code and the Professional Fee Order in seeking compensation for services rendered. Upon the resolution of
all matters set forth in (a)-(c) in the prior sentence, the Creditors’ Committee or Retiree Committee, as applicable, shall dissolve, and the members thereof shall be released and discharged from all rights and duties arising from, or
related to, the Chapter 11 Cases. 

  
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 15.10. Termination of Fee Examiner’s Appointment 

Upon the resolution of all applications filed pursuant to sections 330 and 331 of the Bankruptcy Code by professionals subject to the
Professional Fee Order, the Fee Examiner’s appointment shall terminate, and the Fee Examiner shall be released and discharged from all rights and duties arising from, or related to, the Chapter 11 Cases. 

15.11. Closing of Chapter 11 Cases 
 The Reorganized Debtors shall, promptly after the full administration of the Chapter 11 Cases, file with the Bankruptcy Court all documents required by Bankruptcy Rule 3022 and any applicable order of the
Bankruptcy Court to close the Chapter 11 Cases. 
 15.12. Conflicts 

Except as set forth in the Plan, to the extent that any provisions of the Amended Disclosure Statement, the Plan Supplement, or any order
of the Bankruptcy Court (other than the Confirmation Order) referenced in the Plan (or any exhibits, appendices, supplements, or amendments to any of the foregoing), conflicts with or is in any way inconsistent with any provision of the Plan, the
Plan shall govern and control. 
 15.13. Further Assurances 

The Debtors, Reorganized Debtors, all Holders of Claims receiving Distributions hereunder, and all other parties-in-interest shall, from
time to time, prepare, execute and deliver any agreements or documents and take any other actions as may be necessary or advisable to effectuate the provisions and intent of the Plan or the Confirmation Order. 

15.14. No Stay of Confirmation Order 
 The Confirmation Order shall contain a waiver of any stay of enforcement otherwise applicable, including pursuant to Bankruptcy Rules 3020(e) and 7062. 

15.15. Waiver or Estoppel 
 Each Holder of a Claim or an Equity Interest shall be deemed to have waived any right to assert any argument, including the right to argue that its Claim or Equity Interest should be Allowed in a certain
amount, in a certain priority, secured or not subordinated by virtue of an agreement made with the Debtors or their counsel, or any other Entity, if such agreement was not disclosed in the Plan, the Amended Disclosure Statement or papers filed with
the Bankruptcy Court prior to the Confirmation Date. 
 15.16. Insurance Neutrality 

Notwithstanding anything to the contrary in the Amended Disclosure Statement and related documents, Plan, any other Plan document, the
Confirmation Order or any other order of the Bankruptcy Court (including any other provision that purports to be preemptory or supervening or grants an injunction or release) (collectively, the “Plan-Related Documents”), the

  
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Old Republic Insurance Policies and Agreements shall continue in effect after the Effective Date pursuant to their respective terms and conditions, and nothing in the Plan-Related Documents shall
relieve any of the Reorganized Debtors from performing any of the Debtors’ obligations under the Old Republic Insurance Policies and Agreements including the provision or maintenance of any collateral and security required by the Old Republic
Insurance Policies and Agreements, and payment of any claim for deductibles, self-insured retentions, retrospective premiums, or any other premium or similar obligations of any kind, any claim for contribution, indemnification, or subrogation, or
any setoff, recoupment, or counterclaim arising out of or relating to any of the Old Republic Insurance Policies and Agreements, nor shall anything in the Plan-Related Documents relieve any insurer from performing its obligations under the Old
Republic Insurance Policies and Agreements, in each case regardless of whether such obligations arise prior to or after the Effective Date. To the extent that any of the Old Republic Insurance Policies and Agreements is considered to be executory
contracts, then, notwithstanding anything to the contrary in the Plan, the Plan shall constitute a motion to assume or ratify such Old Republic Insurance Policies and Agreements. On and after the Effective Date, the Old Republic Insurance Policies
and Agreements will remain valid and enforceable in accordance with their terms, shall not be impaired by the Plan or Confirmation Order, and the Reorganized Debtors and Old Republic Insurance Company will perform their respective obligations to one
another, if any, under the Old Republic Insurance Policies and Agreements. 
 15.17. Post-Effective Date Service

 After the Effective Date, the Debtors are authorized to limit the list of Entities receiving documents pursuant to Bankruptcy
Rule 2002 to those Entities that have filed renewed requests for service. 
 15.18. Notices 

All notices, requests, pleadings and demands to or upon the Debtors to be effective shall be in writing (including by facsimile
transmission) and, unless otherwise expressly provided herein, shall be deemed to have been duly given or made when actually delivered or, in the case of notice by facsimile transmission, when received and telephonically confirmed, addressed as
follows: 
  

	 	(a)	If to the Debtors, to: 

 Eastman
Kodak Company 
 343 State Street 
 Rochester, NY 14650 
 Attn: Patrick M. Sheller 

  
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 with copies to: 
 Sullivan & Cromwell LLP 
 125 Broad St. 

New York, NY 10004 
 Attn: Andrew G. Dietderich 

        Michael H. Torkin 

        Mark U. Schneiderman 

        David R. Zylberberg 

 

	 	(b)	If to the DIP ABL Agent, to: 

Davis Polk & Wardwell LLP 
 450 Lexington Avenue 
 New York, NY 10017 

Attn: Donald S. Bernstein 
  

	 	(c)	If to the DIP Term Loan Agent, to: 

 Covington and Burling LLP 
 620 Eighth Avenue 

New York, NY 10018 
 Attn: Ronald Hewitt 
  

	 	(d)	If to the Second Lien Committee, to: 

 Akin Gump Strauss Hauer & Feld LLP 
 1 Bryant Park 

New York, NY 10036 
 Attn: Michael S. Stamer 
         Meredith
A. Lahaie 
 -and- 
 1333 New Hampshire Avenue, NW 
 Washington, DC 20036 

Attn: James R. Savin 
  

	 	(e)	If to the Unsecured Creditors’ Committee, to: 

 Milbank, Tweed, Hadley & McCloy LLP 
 One Chase Manhattan Plaza

 New York, NY 10005 
 Attn: Dennis F. Dunne 
         Tyson M.
Lomazow 
         Brian Kinney 

  
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	 	(f)	If to GSO Capital Partners, to: 

Simpson Thacher & Bartlett LLP 
 425 Lexington Avenue 
 New York, New York 10017 

Attn: Peter V. Pantaleo 
  

	 	(g)	If to any other Backstop Party, to: 

 In accordance with the notice provisions contained in the Backstop 
 Commitment
Agreement. 
  

	 	(h)	If to the U.S. Trustee, to: 

Office of the United States Trustee 
 U.S. Department of Justice 
 33 Whitehall Street, 21st Floor 

Attn: Tracy Hope Davis 

  
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	16.	KODAK GUC TRUST 

 16.1. Execution of Kodak GUC Trust Agreement 
 On or before the Effective
Date, the Kodak GUC Trust Agreement shall be executed by the Debtors, the Creditors’ Committee and the Kodak GUC Trustee, and all other necessary steps shall be taken to establish the Kodak GUC Trust and allocate the beneficial interests
therein to the Holders of Allowed General Unsecured Claims and the Retiree Settlement Unsecured Claim, as provided in Articles 4.2.4 and 4.2.6, respectively, of the Plan, whether their Claims are Allowed on or after the Effective Date. The Kodak GUC
Trust Agreement may provide powers, duties and authority in addition to those explicitly stated herein, but only to the extent that such powers, duties and authority do not affect the status of the Kodak GUC Trust as a liquidating trust for United
States federal income tax purposes. 
 16.2. Purpose of the Kodak GUC Trust 

The Kodak GUC Trust shall be established for the sole purpose of liquidating and distributing its assets, in accordance with Treasury
Regulation section 301.7701-4(d), with no objective to continue or engage in the conduct of a trade or business. 
 16.3.
Kodak GUC Trust Assets 
 On the Effective Date, (a) the Kodak GUC Trust Avoidance Actions shall be transferred (and
deemed transferred) to the Kodak GUC Trust without the need for any person or Entity to take any further action or obtain any approval and (b) the Debtors shall deposit the Kodak GUC Trust Initial Amount into the Kodak GUC Trust by wire
transfer in accordance with wire transfer instructions provided by the Kodak GUC Trust to the Debtors prior to the Effective Date. Such transfers shall be exempt from any stamp, real estate transfer, mortgage reporting, sales, use or other similar
tax. 
 16.4. Governance of the Kodak GUC Trust 
 The Kodak GUC Trustee shall govern the Kodak GUC Trust. 
 16.5. The Kodak GUC
Trustee 
 The Creditors’ Committee shall designate the Kodak GUC Trustee. In the event the then appointed Kodak GUC
Trustee dies, is terminated or resigns for any reason, the Trust Advisory Board shall promptly designate a successor trustee. 

16.6. Role of the Kodak GUC Trustee 
 In furtherance of and consistent with the purpose of the Kodak GUC Trust and the Plan, the Kodak GUC Trustee shall (i) have the power and authority to hold, manage, convert to Cash, and distribute
the Kodak GUC Trust’s assets, including prosecuting and resolving the Kodak GUC Trust Avoidance Actions, (ii) hold the Kodak GUC Trust’s assets for the benefit of its beneficiaries and (iii) have the power and authority to hold,
manage, and distribute Cash or non-Cash assets obtained through the exercise of its power and authority. In all circumstances, the Kodak GUC Trustee shall act in the best interests of all beneficiaries of the Kodak GUC Trust and in furtherance of
the purpose of the Kodak GUC Trust. 

  
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 16.7. Non-transferability of Kodak GUC Trust Interests 

The beneficial interests in the Kodak GUC Trust shall not be certificated and shall not be transferable. 

16.8. Cash 
 The Kodak GUC Trustee may invest Cash (including any earnings thereon or proceeds therefrom) as permitted by section 345 of the Bankruptcy Code; provided that such investments are investments
permitted to be made by a liquidating trust within the meaning of Treasury Regulation section 301.7701-4(d), as reflected therein, or under applicable Internal Revenue Service guidelines, rulings, or other controlling authorities. 

16.9. Kodak GUC Trust Distributions 
 At least annually, the Kodak GUC Trustee shall (in consultation with the Reorganized Debtors) make Distributions to the beneficiaries of the Kodak GUC Trust of all Cash on hand in accordance with the
Kodak GUC Trust Agreement (including any Cash received from the Debtors on the Effective Date, and treating as Cash for purposes of this section any permitted investments under Article 16.8 of the Plan) except such amounts (i) that would be
distributable to a holder of a Disputed Claim if such Disputed Claim had been Allowed prior to the time of such Distribution (but only until such Claim is resolved), (ii) that are reasonably necessary to meet contingent liabilities and to
maintain the value of the assets of the Kodak GUC Trust during liquidation, (iii) that are necessary to pay reasonable expenses (including, but not limited to, any taxes imposed on the Kodak GUC Trust or in respect of its assets), and
(iv) that are necessary to satisfy other liabilities incurred by the Kodak GUC Trust in accordance with the Plan or the Kodak GUC Trust Agreement. 
 16.10. Costs and Expenses of the Kodak GUC Trust 
 The costs and expenses of
the Kodak GUC Trust, including the fees and expenses of the Kodak GUC Trustee and its retained professionals, shall be paid from the Kodak GUC Trust with assets of the Kodak GUC Trust. Reorganized Kodak shall have no liability therefor. 

16.11. Compensation of the Kodak GUC Trustee 
 The Kodak GUC Trustee shall be entitled to reasonable compensation approved by the Trust Advisory Board and paid by the Kodak GUC Trust with assets of the Kodak GUC Trust in an amount consistent with that
of similar functionaries in similar roles. 
 16.12. Retention of Professionals by the Kodak GUC Trustee 

The Kodak GUC Trustee may retain and compensate attorneys and other professionals to assist in its duties as Kodak GUC Trustee on such
terms as the Kodak GUC Trustee deems appropriate without Bankruptcy Court approval. Without limiting the foregoing, the Kodak GUC Trustee may retain any professional who represented the Creditors’ Committee in the Chapter 11 Cases. 

  
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 16.13. Federal Income Tax Treatment of the Kodak GUC Trust 

16.13.1 Kodak GUC Trust Assets Treated as Owned by Creditors. For all federal income tax purposes, all parties (including the
Reorganized Debtors, the Kodak GUC Trustee and the beneficiaries of the Kodak GUC Trust) shall treat the transfer of assets to the Kodak GUC Trust for the benefit of the beneficiaries thereof, whether their Claims are Allowed on or after the
Effective Date, as 
  

	 	(a)	a transfer to the Holders of Allowed Claims receiving Kodak GUC Trust beneficial interests of their proportionate interests in the Kodak GUC Trust’s assets (other
than to the extent allocable to Disputed Claims), it being understood that the Backstop Party’s interests in the Kodak GUC Trust’s assets shall be reduced to take into account the Backstop Trust Waiver, followed by

  

	 	(b)	the transfer by such Holders to the Kodak GUC Trust of the Kodak GUC Trust’s assets in exchange for their beneficial interests in the Kodak GUC Trust (and in
respect all remaining assets, as a transfer to the Kodak GUC Trust to hold in reserve pending the resolution of Disputed Claims). 

 Accordingly, the Holders of Allowed Claims receiving Kodak GUC Trust beneficial interests shall be treated for federal income tax purposes as the grantors and owners of their respective shares of the
assets of the Kodak GUC Trust. The foregoing treatment shall also apply, to the extent permitted by applicable law, for state and local income tax purposes. 
 16.13.2 Tax Reporting 
  

	 	(a)	The Kodak GUC Trustee shall file returns for the Kodak GUC Trust as a grantor trust pursuant to Treasury Regulation section 1.671-4(a) and in accordance with this
Article 16.13.2. The Kodak GUC Trustee shall also annually send to each Holder of a beneficial interest a separate statement setting forth the Holder’s share of items of income, gain, loss, deduction or credit and will instruct all such Holders
to report such items on their federal income tax returns or to forward the appropriate information to the beneficial holders with instructions to report such items on their federal income tax returns. The Kodak GUC Trustee shall also file (or cause
to be filed) any other statements, returns or disclosures relating to the Kodak GUC Trust that are required by any governmental unit. 

  

	 	(b)	As soon as possible after the Effective Date, the Kodak GUC Trustee shall make a good-faith valuation of the Kodak GUC Trust’s assets, and such valuation shall be
made available from time to time, to the extent relevant, and shall be used consistently by all parties (including the Reorganized Debtors, the Kodak GUC Trustee and the beneficiaries of the Kodak GUC Trust), for all federal income tax purposes.

  
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	 	(c)	Allocations of Kodak GUC Trust taxable income among the Kodak GUC Trust beneficiaries shall be determined by reference to the manner in which an amount of Cash equal to
such taxable income would be distributed (without regard to any restrictions on distributions described herein) if, immediately prior to such deemed distribution, the Kodak GUC Trust had distributed all its other assets (valued at their tax book
value) to the Holders of the Kodak GUC Trust interests (treating all Disputed Claims as if they were Allowed Claims, in each case up to the tax book value of the assets treated as contributed by such Holders, adjusted for prior taxable income and
loss and taking into account all prior and concurrent distributions from the Kodak GUC Trust. Similarly, taxable loss of the Kodak GUC Trust shall be allocated by reference to the manner in which an economic loss would be borne immediately after a
liquidating distribution of the remaining Kodak GUC Trust’s assets. The tax book value of the Kodak GUC Trust’s assets for this purpose shall equal their fair market value on the Effective Date, adjusted in accordance with tax accounting
principles prescribed by the Internal Revenue Code, the applicable tax regulations, and other applicable administrative and judicial authorities and pronouncements. 

 

	 	(d)	Subject to definitive guidance from the Internal Revenue Service, or a court of competent jurisdiction to the contrary (including the receipt by the Kodak GUC Trustee
of a private letter ruling if the Kodak GUC Trustee requests one, or the receipt of an adverse determination by the Internal Revenue Service upon audit if not contested by the Kodak GUC Trustee), the Kodak GUC Trustee shall (A) timely elect to
treat the Kodak GUC Trust Claims Reserve as a “disputed ownership fund” governed by Treasury Regulation section 1.468B-9, and (B) to the extent permitted by applicable law, report consistent with the foregoing for state and local
income tax purposes. All parties (including the Reorganized Debtors, the Kodak GUC Trustee, and the Kodak GUC Trust beneficiaries) shall report for tax purposes consistent with the foregoing. 

 

	 	(e)	The Kodak GUC Trustee shall be responsible for payments, out of the assets of the Kodak GUC Trust, of any taxes imposed on the trust or its assets including the Kodak
GUC Trust Disputed Claims Reserve. In the event, and to the extent, any Cash retained on account of Disputed Claims in the Kodak GUC Trust Disputed Claims Reserve is insufficient to pay the portion of any such taxes attributable to the taxable
income arising from the assets allocable to, or retained on account of, Disputed Claims, such taxes shall be (i) reimbursed from any subsequent Cash amounts retained on account of Disputed Claims, or (ii) to the extent such Disputed Claims
have subsequently been resolved, deducted from any amounts distributable by the Kodak GUC Trustee as a result of the resolutions of such Disputed Claims. 

  
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	 	(f)	The Kodak GUC Trustee may request an expedited determination of taxes of the Kodak GUC Trust, including the Kodak GUC Trust Disputed Claims Reserve, under section
505(b) of the Bankruptcy Code for all returns filed for, or on behalf of, the Kodak GUC Trust for all taxable periods through the dissolution of the Kodak GUC Trust. 

16.14. Dissolution 
 The Kodak GUC Trustee and the Kodak GUC Trust shall be discharged or dissolved, as the case may be, at such time as (a) the Kodak GUC Trustee and the Trust Advisory Board determine that the
administration of the Kodak GUC Trust is not likely to yield sufficient additional proceeds to justify further pursuit of the Kodak GUC Trust Avoidance Actions or the Creditors’ Committee’s Causes of Action and (b) all Distributions
required to be made by the Kodak GUC Trustee under the Plan and the Kodak GUC Trust Agreement have been made; provided that in no event shall the Kodak GUC Trust be dissolved later than three years after the Effective Date unless the
Bankruptcy Court, upon motion within the six-month period prior to the third anniversary (or at least six months prior to the end of any extension period), determines that a fixed period extension (not to exceed three years, together with any prior
extensions, without a favorable letter ruling from the Internal Revenue Service that such further extension would not adversely affect the status of the trust as a liquidating trust for federal income tax purposes) is necessary to facilitate or
complete the recovery and liquidation of the Kodak GUC Trust’s assets. 
 16.15. Indemnification and Exculpation

 The Kodak GUC Trustee or the individuals comprising the Kodak GUC Trustee, as the case may be, and the Kodak GUC
Trustee’s agents and professionals, shall not be liable for actions taken or omitted in its capacity as, or on behalf of, the Kodak GUC Trustee, except those acts arising out of its or their own willful misconduct or gross negligence, and each
shall be entitled to indemnification and reimbursement for fees and expenses in defending any and all of its actions or inactions in its capacity as, or on behalf of, the Kodak GUC Trustee, except for any actions or inactions involving willful
misconduct or gross negligence. Any indemnification claim of the Kodak GUC Trustee (and the other parties entitled to indemnification under this subsection) shall be satisfied solely from the assets of the Kodak GUC Trust. The Kodak GUC Trustee
shall be entitled to rely, in good faith, on the advice of its retained professionals. 
 The members of the Trust Advisory
Board shall be exculpated by the beneficiaries of the Kodak GUC Trust and any other Holders of General Unsecured Claims or the Retiree Settlement Unsecured Claim from any and all claims or causes of action and assertions of liability arising out of
their performance of the duties conferred upon them by the Kodak GUC Trust Agreement, or any orders of the Bankruptcy Court, except to the extent an act constitutes bad faith, gross negligence, willful misconduct, or actual fraud. No Holder of a
General Unsecured Claim or the Retiree Settlement Unsecured Claim or representative thereof shall have or pursue any claim or cause of action against any 

  
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member of the Trust Advisory Board for taking any action in accordance with the Kodak GUC Trust Agreement, or to implement the provisions of an order of the Bankruptcy Court. Nothing in this
provision shall be deemed to alter or limit the provisions of the Kodak GUC Trust Agreement. 
 16.16. Authority to
Prosecute and Settle Actions 
 Subject to the terms of the Kodak GUC Trust Agreement, after the Effective Date, only the
Kodak GUC Trustee shall have the authority to maintain, prosecute, settle, dismiss, abandon or otherwise dispose of the Kodak GUC Trust Avoidance Actions. Subject to the terms of the Kodak GUC Trust Agreement, the Kodak GUC Trustee may enter into
and consummate settlements and compromises of the Kodak GUC Trust Avoidance Actions without notice to or approval by the Bankruptcy Court. 
 16.17. Reorganized Debtors’ Cooperation and Supply of Information and Documentation 
 Upon written request from the Kodak GUC Trustee, the Reorganized Debtors shall provide commercially reasonable cooperation, and shall supply, at the Kodak GUC Trust’s sole expense and subject to
confidentiality protections reasonably acceptable to the Reorganized Debtors, all reasonable information, records and documentation, to the Kodak GUC Trustee that is required to promptly, diligently and effectively evaluate, file, prosecute and
settle the Kodak GUC Trust Avoidance Actions. Additionally, upon request by the Kodak GUC Trustee, the Reorganized Debtors shall use commercially reasonable efforts to make available personnel with information relevant to the Kodak GUC Trust
Avoidance Actions. 
 16.18. Preservation of Privilege and Defenses 

In connection with the Kodak GUC Trust Avoidance Actions, any applicable privilege or immunity of the Debtors (or Reorganized Debtors),
including but not limited to any attorney-client privilege or work-product privilege attaching to any documents or communications (whether written or oral), and all defenses, claims, counterclaims and rights of setoff or recoupment shall vest in the
Kodak GUC Trust and may be asserted by the Kodak GUC Trustee. Nothing in this Article 16.18 nor any action taken by the Debtors or Reorganized Debtors in connection with this Plan, including any action taken pursuant to the Reorganized Debtors’
obligations under Article 16.17, shall be (or be deemed to be) a waiver of any privilege or immunity of the Debtors or Reorganized Debtors, as applicable, including any attorney-client privilege or work-product privilege attaching to any documents
or communications (whether written or oral). Notwithstanding the Reorganized Debtors’ providing any privileged information to the Kodak GUC Trustee, the Kodak GUC Trust, or any party or person associated with the Kodak GUC Trust, such
privileged information shall remain privileged. The GUC Trust shall have no right to waive the attorney-client privilege, work product or other protection or immunity of any information received from the Reorganized Debtors. The Debtors (or the
Reorganized Debtors) retain the right to waive their own privileges or immunities. 

  
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 Rochester, New York 
 Dated: June 18, 2013 
  

			
	 EASTMAN KODAK COMPANY,
 on behalf of itself and all other Debtors

		
	By:	 	 
		 	Name:
		 	Title:

 Exhibit D 
 Form of Joinder Agreement 

 JOINDER AGREEMENT 

Reference is made to the Backstop Commitment Agreement, dated as of June [    ], 2013 (as amended from time to time,
the “Agreement”) among Eastman Kodak Company and the Backstop Parties party thereto. Capitalized terms used but not defined herein shall have the meanings assigned to them in the Agreement. 

The undersigned hereby agrees to be bound by all of the obligations of the Backstop Parties set forth in Section 6.9 of the
Agreement as if it were an original party thereto solely with respect to Section 6.9 of the Agreement. 

Sections 10.4 and 10.5 of the Agreement are hereby incorporated herein as if set forth herein in their entirety.

 IN WITNESS WHEREOF, the undersigned has caused this joinder agreement to be duly executed and delivered as of [DATE].

  

			
	[                     ]
		
	By:	 	 
		 	Name:
		 	Title:

 Exhibit E 
 Terms of Warrants 

 This Term Sheet provides a summary of the principal terms of warrants to be issued to Holders of
Class 4 General Unsecured Claims and the Class 6 Retiree Settlement Unsecured Claim (together, the “Initial Warrantholders”) pursuant to the First Amended Joint Plan of Reorganization (the “Plan”) of Eastman Kodak
Company (“Kodak”) and certain of its subsidiaries. Terms not otherwise defined herein shall have the meanings ascribed to them in the Plan. 
  

			
		
	Issuer:	  	Reorganized Kodak
		
	Definition:	  	Reorganized Kodak shall issue the “125% Warrants” and the “135% Warrants” (collectively, the “Warrants”) to the Initial
Warrantholders. Each of the 125% Warrants and the 135% Warrants shall entitle the holders thereof to purchase up to 5% of the Effective Date Share Issuance.
		
	Exercise Price:	  	 The exercise price per share of the 125% Warrants will be 25% above the Per Share Price (the “125% Warrants Exercise
Price”).
  
 The exercise price per share of the 135% Warrants will
be 35% above the Per Share Price (the “135% Warrants Exercise Price” and each of the 125% Warrants Exercise Price and the 135% Warrants Exercise Price, the “Exercise Price”).

		
	Exercise Period:	  	The Warrants will be exercisable in whole or in part at any time, and from time to time, during the five years from the date of issuance.
		
	Transferability:	  	The Warrants will not be subject to any contractual restrictions on transfer. The Warrants are being issued to Initial Warrantholders in an offering in reliance on the exemption
from the registration requirements of the Securities Act afforded by Section 1145 of the Bankruptcy Code.
		
	Anti-Dilution Adjustments:	  	Customary anti-dilution adjustments.
		
	Cashless Exercise/Net Share Settlement:	  	Upon exercise of Warrants, in lieu of paying the applicable Exercise Price in cash, the holder shall surrender the Warrants for that number of shares of New Common Stock
determined by multiplying the number of New Common Stock to which the Warrants would otherwise be entitled by a fraction, the numerator of which shall be the difference between the then current market price per share of the New Common Stock and the
applicable Exercise Price, and the denominator of which shall be the then current market price per share of New Common Stock.
		
	Listing of Warrant Shares:	  	If at any time the New Common Stock shall be listed on any national securities exchange or automated quotation system, Kodak will use reasonable best efforts to list, and keep
listed, so long as the New Common Stock shall be so listed on such exchange or automatic quotation system, any shares of New Common Stock issuable upon exercise of the Warrants.

  
 -2-

			
		
	Notice:        	  	Kodak to provide customary notices to Warrant holders in relation to certain material events (e.g., significant transactions and anti-dilution events) which impact or affect
decision to exercise or the exercise price.

  
 -3-

 Exhibit F 
 Terms of Registration Rights Agreement 

 TERM SHEET FOR REGISTRATION RIGHTS AGREEMENT1 

 

			
	Parties:	  	Pursuant to the Plan, the Company and the Backstop Parties receiving New Common Stock or Warrants of the Company shall enter into a Registration Rights Agreement in form and
substance consistent with the terms set forth in this Term Sheet and otherwise on terms reasonably satisfactory to the Backstop Parties.
		
	Registrable Securities:	  	“Registrable Securities” shall mean any shares of New Common Stock held by the parties to the Registration Rights Agreement (i) issued on the Effective Date,
(ii) issued upon exercise of any Warrants, (iii) which are contemplated by and to be distributed pursuant to the Plan or are acquired by an affiliate of the Company within twelve months of the Effective Date, and are not otherwise eligible for
resale without an exemption under Section 4(1) of the Securities Act, or (iv) any other securities issued or issuable with respect to any of the shares described in clauses (i), (ii) and (iii) above in connection with a stock dividend, stock split
or distribution, combination of shares, or in connection with a merger, consolidation, reclassification, recapitalization, reorganization or other similar transaction; provided, that any such securities shall cease to constitute
“Registrable Securities” upon the earliest to occur of: (A) the date on which such securities are disposed of pursuant to an effective registration statement under the Securities Act; (B) the date on which such securities become eligible
for sale under Rule 144 (or any successor rule then in effect) promulgated under the Securities Act, without restriction thereunder and the restrictive legend has been removed from the applicable share certificates; and (C) the date on which such
securities cease to be outstanding. Immediately following the Effective Date, the New Common Stock will be registered under Section 12(g) of the Securities and Exchange Act.
		
	Initial Registration:	  	At any time after the earlier of (i) the filing of the Company’s first filing of a report on Form 10-K following the Effective Date or (ii) June 30, 2014, holders of
Registrable Securities representing at least 25% of the outstanding shares of New Common Stock as of the Effective Date may request that the Company effectuate a registered public offering of such shares as may be specified in the request (having an
aggregate market value of at least $75 million) (the “Initial Registration”). If by the second anniversary of the Effective Date the Company has not yet consummated the Initial Registration, such request may be made by the holders
of Registrable Securities representing at least 10% of the outstanding shares of New Common Stock as of the Effective Date. The Company will use commercially reasonable efforts to effectuate any such requested Initial Registration in accordance with
customary terms to be reflected in the definitive registration rights agreement (subject to the blackouts described below).

  

	1 	 Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to such terms in the Plan of Reorganization (the
“Plan”) of Eastman Kodak Company (the “Company”). 

			
		
	Other Demands Registrations:	  	 Subject to the breathing period and blackouts referred to below and the termination of registration rights described below, following
the Initial Registration, at any time after the expiration of any applicable lock up period, any holder or group of holders collectively holding 10% or more of the then outstanding Registrable Securities shall be entitled to demand that the Company
put up a shelf (if then available) and thereafter effectuate one or more takedowns off of such shelf, or, if a shelf is not available, effectuate one or more stand-alone registered offerings provided, that such stand-alone non-shelf
registrations or shelf take-downs may not be requested more than four times in the aggregate and, in each case, shall include shares having an aggregate market value of at least $75 million; provided, further, that such minimum dollar
limit shall not apply to open market sales to brokers or similar transactions under an existing shelf as to which the Company has no obligations of the kind that may be mutually agreed by the parties with regard to underwritten offerings. The plan
of distribution under any such shelf shall provide such flexibility as may reasonably be requested by the holders of Registrable Securities, with the consent of the Company, not to be unreasonably withheld.

 
 Subject to customary blackouts referred to below, the Company shall use its
reasonable best efforts to maintain the effectiveness of any shelf registration statement continuously until the earliest of (i) three years, (ii) the day after the date on which all of the Registrable Securities covered by such shelf registration
statement have been sold pursuant thereto and (iii) the first date on which there shall cease to be any Registrable Securities covered by such shelf registration statement outstanding.

 
 Regarding cutbacks, all holders of Registrable Securities shall be entitled to
participate in any such demand registration/takedown on a pro rata basis and shall have priority over any shares sought to be sold by the Company or any other person in any such demand registration/takedown.

 
 There shall be at least a 60-day “breathing period” between the completion
of any of the shelf and/or other demand registrations/takedowns referred to above and any request for any such subsequent registration/takedown hereunder.

		
	Piggyback Rights:	  	Holders of Registrable Securities shall be entitled to piggyback onto any registration/shelf takedown by the Company of the New Common Stock for its own account or for the
account of any other holders. The Company shall have priority in any registration it has initiated for its own account, and the holders of Registrable Securities collectively shall have priority in any registration initiated for the account of any
holder. Any cutback required with respect to the holders of Registrable Securities shall be done on a pro rata basis based upon the number of Registrable Securities requested to be included in such registration/takedown.

			
	Selection of
Underwriters:	  	In the event the offering is to be underwritten, (i) if a majority of the securities sold in such offering is being sold by the Company for its own account, the Company shall
have the right to select the underwriter(s) and (ii) otherwise, the holders of a majority of the Registrable Securities requested to be included in such offering shall have the right to select the underwriters with the consent of the Company, not to
be unreasonably withheld.
		
	Blackouts:	  	 The Company shall have a customary right (such right to be mutually agreed) to suspend, at any time (but not more than once in any
twelve-month period) the registration process and/or suspend a holder’s ability to use a prospectus if the Company believes, in the good faith judgment of its Board, that the continuation of the registration process thereof at the time
requested (i) would adversely affect a pending or proposed significant corporate event, proposed financing or negotiations, discussions or pending proposals with respect thereto; or (ii) would require the disclosure of material non-public
information the disclosure of which at such time would, in the good faith judgment of the Board, be materially adverse to the interests of the Company.
  

The filing of a registration statement (or amendment or supplement thereto) by the Company cannot be deferred, and the holder’s rights to make sales
cannot be suspended, pursuant to the provisions of the immediately preceding paragraph (x) in the case of clause (i) above, for more than ten days after the abandonment or consummation of any of the proposals or transactions set forth in such clause
(i); (y) in the case of clause (ii), until the earlier to occur of the filing by the Company of its next succeeding Form 10-K or Form 10-Q or the date upon which such information otherwise has been publicly disclosed by the Company; or (z) in any
event, in the case of either clause (i) or clause (ii) above, for more than 90 days after the date of the Board’s determination; provided, that the Company may not suspend any holder’s ability to use a prospectus for more than an
aggregate of 90 days in any 365-day period. In addition, the Company shall have the right to suspend the any holder’s ability to use a prospectus in connection with non-underwritten sales off of the shelf during each of its regular quarterly
blackout periods applicable to directors and senior officers under the Company’s policies in existence from time to time. The Company shall not be required to effectuate an underwritten offering (during such a regular blackout period or
otherwise) to the extent the Company reasonably concludes, after consultation in good faith with the relevant holders of Registrable Securities, that the Company cannot provide adequate, timely disclosure or satisfy other underwriting conditions in
connection with such offering without undue burden.

		
	Lock-Ups:	  	In connection with an underwritten offering, any holder of Registrable Securities participating in such offering (or given an opportunity to participate in such offering) shall
be subject to a lock-up period agreed to (i) by the Company, if a majority of the securities being sold in such offering are being sold for its own account, or (ii) by the holders of Registrable Securities holding a majority of the Registrable
Securities being sold by such holders, if a majority of the securities being sold in such offering are being sold by holder of Registrable Securities.

			
	Expenses:	  	The Company shall pay all costs and expenses associated with each registration incurred by the Company, including, for each registration statement prepared, the reasonable fees
and expenses of one firm of attorneys selected by the holders of a majority of the Registrable Securities covered by such registration with the consent of the Company, not to be unreasonably withheld. Holders of Registrable Securities will pay
underwriting discounts and commissions (and any applicable taxes) on any Registrable Securities sold by them pro rata based upon the number of Registrable Securities sold by them.
		
	Termination of
Registration Rights:	  	The Company’s obligation to register Registrable Securities for sale under the Securities Act shall terminate on the earlier of (i) the first date on which Registrable
Securities having an aggregate market value of at least $25 million are no longer outstanding, (ii) the first date on which all outstanding Registrable Securities are eligible for sale under Rule 144 and the restrictive legends have been removed and
(iii) the fifth anniversary of the Initial Registration.
		
	Indemnification:	  	The Registration Rights Agreement shall include customary indemnification provisions to be mutually agreed.

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