Document:

EX-10.1

THE GOODYEAR TIRE & RUBBER COMPANY

GRANT AGREEMENT

EXECUTIVE PERFORMANCE PLAN UNIT GRANT

Name

Title

The Executive Performance Plan of The Goodyear Tire & Rubber Company (the “Company”) was
adopted effective January 1, 2004 by the Board of Directors at their meeting on December 2, 2003
(the “Plan”). A copy of the Plan is attached. At the            meeting of the
Compensation Committee of the Board of Directors (the “Committee”), you were awarded an Executive
Performance Plan Unit Grant (the “Units”) as follows:

Date of Grant:

Number of Units Granted:

	 	 	 
	Performance Period:

	 	1-1-[ ] to 12-31-[ ]
	 
	 	 
	Unit Value

	 	$0 to $200

The value of the Executive Performance Plan Units specified above (the “Unit Value”) which you
will earn at the end of the three-year Performance Period specified above (the “Performance
Period”) will be determined and contingent upon the extent to which Performance Goals are achieved.
The Unit Value may be adjusted from $0 up to $200, depending on the level of achievement of
Performance Goals. Payment of the Units will be made as provided under the General Terms and
Conditions. The Performance Measures, Performance Goals and Unit Value schedule for the
Performance Period for your Executive Performance Plan Unit Grant are described in Annex A.

The Goodyear Tire & Rubber Company

Grant Agreement received and agreed to:

	 	 	 
	     

Name

	 	     

Date
	 
	 	 

1

GRANT AGREEMENT

(Continued)

General Terms and Conditions

1. The Executive Performance Plan Unit Grant for the number of Units specified above is
granted to you under, and governed by the terms and conditions of, the Plan and this Grant
Agreement. Your execution and return of the enclosed copy of this Grant Agreement constitutes your
agreement to, and acceptance of, all terms and conditions of the Plan and this Grant Agreement.
You also agree that you have read and understand the provisions of the Plan, this Grant Agreement
and Annex A.

2. All rights conferred upon you under the provisions of this Grant Agreement are personal to
you and no assignee, transferee or other successor in interest shall acquire any rights or
interests whatsoever under this Grant Agreement, which is made exclusively for the benefit of you
and the Company except by will or the laws of descent and distribution.

3. The number of Units Granted will be multiplied by the Unit Value to determine the dollar
amount of the Performance Award (the “Performance Award”) to be paid after the end of the
Performance Period at such time or times as the Compensation Committee, in its sole discretion,
shall determine. All awards will be paid in cash.

4. As further consideration for the Units granted to you hereunder, you must remain in the
continuous employ of the Company or one or more of its subsidiaries until December 31, 20[ ], the
end of the Performance Period. The number of units granted will be prorated in the event of your
death or Retirement (defined as termination of employment at any age after 30 or more years of
service with the Company and its subsidiaries, or at age 55 or older with at least 10 years of
continuous service with the Company and its subsidiaries) prior to completion of the Performance
Period. Pro-rata units are calculated by dividing the number of months worked by the number of
months in the Performance Period (36) and multiplying the result by the number of Units Granted.
For purposes of the pro-rata unit calculation, if any portion of a month is worked, credit will be
provided for the full month. The Performance Award will be determined by multiplying the prorated
number of Units Granted by the Unit Value for the Performance Period and paid after the end of the
Performance Period at such time or times as the Compensation Committee, in its sole discretion,
shall determine. The Performance Award will be paid in cash. Nothing contained herein shall
restrict the right of the Company or any of its subsidiaries to terminate your employment at any
time, with or without cause.

Page 2 of 3

2

GRANT AGREEMENT

(Continued)

5. In the event your employment status changes during the Performance Period due to layoff,
leave of absence or disability, the number of units granted will be prorated. Pro-rata units are
calculated by dividing the number of months worked by the number of months in the Performance
Period (36) and multiplying the result by the number of Units Granted. For purposes of the
pro-rata unit calculation, if any portion of a month is worked, credit will be provided for the
full month. The Performance Award will be determined by multiplying the prorated number of Units
Granted by the Unit Value for the Performance Period and paid after the end of the Performance
Period at such time or times as the Compensation Committee, in its sole discretion, shall
determine. The Performance Award will be paid in cash.

6. You will be required to satisfy all federal, state and local tax and payroll withholding
obligations arising in respect of any distribution of cash to you. Such withholding obligations
will be deducted from your distribution.

7. Upon proper election, you may elect to defer receipt of your Performance Award in which
case such amount will be credited to an account under The Goodyear Tire & Rubber Company Deferred
Compensation Plan for Executives.

8. The Committee may, at its sole election, at any time and from time to time require that
the payment of the entire or any portion of the Performance Award be deferred until such later date
as it shall deem appropriate. Any required deferral amount will be credited to an account under
The Goodyear Tire & Rubber Company Deferred Compensation Plan for Executives.

9. Any notice to you under this Grant Agreement shall be sufficient if in writing and if
delivered to you or mailed by registered mail directed to you at the address on record in the
Executive Compensation Department. Any notice to the Company under this Grant Agreement shall be
sufficient in writing and if delivered to the Executive Compensation Department of the Company in
Akron, Ohio, or mailed by registered mail directed to the Company for the attention of the
Executive Compensation Department at 1144 East Market Street, Akron, Ohio 44316-0001. Either you
or the Company may, by written notice, change the address.

Page 3 of 3

PAYOUT SCALE

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Net Income (50%)	 	 	 	 
	200[ ] 200[ ] 200[	 	] Cumulative	Unit Value
	
 
	 	 	 	 	 	 	 	$	200	 
	
 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	
 
	 	 	 	 	 	 	 	$	150	 
	
 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	
 
	 	 	 	 	 	 	 	$	100	 
	
 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	
 
	 	 	 	 	 	 	 	$	0-$99	 
	
 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	
 
	 	 	 	 	 	Total Cash Flow

(50%)
	 	

	
 
	 	 	 	 	 	 
	 	

	 
	 	 	 	 	 	 	 	 	 	 
	200[ ]

	 	200[ ]
	 	200[ ]
	 	Cumulative
	 	Unit Value

	 

	 	 
	 	 
	 	 
	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	
 
	 	 	 	 	 	 	 	$	200	 
	
 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	
 
	 	 	 	 	 	 	 	$	150	 
	
 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	
 
	 	 	 	 	 	 	 	$	100	 
	
 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	
 
	 	 	 	 	 	 	 	$	0-$99	 
	
 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 

3EX-10.76

 EXHIBIT 10.76

February 23, 2005

Mr. James R. Mellor

Chairman of the Board and Chief Executive Officer

USEC Inc.

6903 Rockledge Drive

Bethesda, MD 20817

Dear Jim:

The Board of Directors is pleased by your acceptance of the Chairman and Chief Executive Officer
position effective December 14, 2004. The purpose of this letter is to detail your compensation
arrangements.

Before turning to compensation, we want to express our sincere appreciation for your agreeing to
lead USEC in this transition period and to lead the search for the new CEO. At the end of this
period, which you and we expect to be no later than December 31, 2005, we look forward to your
return to your prior role as the Non-Executive Chairman of the Board.

Following are the details on your employment as Chairman and Chief Executive Officer:

• Salary: You will be paid $100,000 per month, pro-rated for a partial month, payable
through the Company’s bi-weekly payroll system.

• Restricted Stock: The Board has approved a restricted stock grant of 80,000 shares.
These shares will be granted to you on the date this Agreement is executed. The shares will be
restricted to the earlier of five years from the date of grant or your retirement from the USEC
Board of Directors.

• Employee Benefits: You have the right to participate in the standard employee benefits
program of USEC Inc.

• You will be provided with reasonable and appropriate temporary housing until the
transition to the new CEO has been completed. The cost of this housing will be borne by USEC.

• USEC will develop and implement a deferred compensation agreement acceptable to you for
the purpose of allowing you to defer compensation in the form of restricted stock.

• Board of Director Compensation: During your service as Chairman and Chief Executive
Officer you will not receive Board member compensation. The fees for the December 14, 2004 and
December 18, 2004 Board meetings and the pro rata portion of the annual retainer, annual stock
grant, annual option grant and incentive stock award received on April 29, 2004 and applicable
to the period of your service as Chairman and Chief Executive Officer need not be repaid. Upon
resumption of your role as the Non- Executive Chairman of the Board, we will take into account
the payments above and adjust the resumption of your compensation as a Board member accordingly.

• Consulting Agreement: Your consulting agreement with the Company will be terminated
effective December 14, 2004. Any payments for consulting for the period of time subsequent to
December 14, 2004 will be offset against your salary. Following your return to the
Non-Executive Chairman position, you and the Company may enter into a new consulting agreement.

Administrative aspects of your employment include:

• You will be Chairman and Chief Executive Officer until the election of a new CEO. It is
anticipated that there will be a 2 month transition period following the election of a new CEO,
during which time you will serve as Executive Chairman and continue to be compensated under this
Agreement.

• For your service as Chairman and Chief Executive Officer and then as Executive Chairman
you will receive no less than six months of salary and employee benefits.

• Your employment as Chairman and Chief Executive Officer or Executive Chairman will end
no later than December 31, 2005.

• Should you elect to end your service as Chairman and Chief Executive Officer or as
Executive Chairman of the Board, you will provide the Board with 30 days written notice.

Jim, the Board has full confidence in your leadership and is grateful that you are willing to
provide leadership during an important time.

Please contact me if you have any questions regarding this letter. If you are in agreement with
the terms of employment set forth above, please so indicate by signing below.

Yours sincerely,

/s/ John R. Hall

John R. Hall

Chairman, Compensation Committee USEC Board of Directors

I am in agreement with the terms of employment set forth above.

/s/ James R. Mellor

James R. Mellor

Chairman and Chief Executive Officer

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