THE GOODYEAR TIRE & RUBBER COMPANY
STOCK OPTION PLAN
HOURLY BARGAINING UNIT EMPLOYEES AT DESIGNATED LOCATIONS
(AS AMENDED DECEMBER 4, 2001)
1. GENERAL PROVISIONS.
(a) Adoption; Effective Date. The Plan has been adopted by the Board of Directors of The Goodyear Tire & Rubber
Company on and effective as of December 4, 2000.
(b) Purpose. The purpose of the Plan is to grant options to purchase shares of the Common Stock of the Company to
eligible hourly employees of the Company and designated domestic subsidiaries at Designated Locations who are
members of one or more of the local unions of the United Steelworkers of America, thereby strengthening the common
interests of the shareholders of the Company and such employees in the long term growth, profitability and success of
(c) Term. The Plan shall remain in effect until September 30, 2001, unless sooner terminated by the Board of Directors.
Termination of the Plan shall not affect stock options granted under the Plan which are then outstanding.
2. DEFINITIONS. For the purposes of the Plan, the following terms shall have the following meanings.
(a) “Active Employee” means a full-time hourly employee of the Company or a Designated Subsidiary who is also a
member of, and/or represented by, one or more of the Local Unions and is, on the relevant date, on the active payroll
of the Company or a Designated Subsidiary.
(b) “Average Annual Hours Worked” means, with respect to the period and to the Eligible Employee in respect of which
a determination thereof is being or to be made, the average of the hours worked by such Eligible Employee during the
two years (i) ended October 31 in the three year period ended October 31, 2000 (in the case of a determination made
pursuant to Section 5 (a) of the Plan) or (ii) ended August 31 in the three year period ended August 31, 2001 (in the
case of a determination made pursuant to Section 5(b) of the Plan), during whic