PERFORMANCE RECOGNITION PLAN
THE GOODYEAR TIRE & RUBBER COMPANY
As amended and restated on October 7, 2008
(hereinafter called the “Plan”)
I. PURPOSE AND POLICY
It is the declared policy of the Board of Directors of The Goodyear Tire & Rubber Company, in order to
provide incentive for extra effort, that key personnel of the Company shall be compensated in addition to their
fixed compensation by participation in a performance recognition plan. Such key personnel shall be selected, as
hereinafter provided, from the elected officers and other key employees of the Company.
The Plan is designed to reinforce Participant effort and responsibility towards achieving the total Company
business objectives, the objectives of specific business units and objectives established for individual Participants.
Awards to Participants provided under this Plan will vary to the extent these goals and objectives are attained.
The basic intent is to tie Awards directly to results that reflect Company growth and success achieved through
customer satisfaction, quality products and enhanced shareholder value.
The Plan shall be subject to discontinuance, or amendment by the Board of Directors, at any time.
For purposes of the Plan, the following terms shall have the following meanings:
A) Award. Cash payments approved by the Committee and made pursuant to the objectives established
pursuant to the Plan in respect of any Plan Year. Solely for purposes of Article VIII, the term “Award” also
includes awards earned under the Management Incentive Plan and deferred pursuant to the terms of Article VIII.
B) Company. The Goodyear Tire & Rubber Company or any of its subsidiaries and affiliates.
C) Fair Market Value. Fair Market Value means, in respect of any date on or as of which a determination
thereof is being or to be made, the closing market price of the Common Stock reported on the New York Stock