HOURLY AND SALARIED EMPLOYEES STOCK OPTION PLAN
THE GOODYEAR TIRE & RUBBER COMPANY
(AS AMENDED SEPTEMBER 30, 2002)
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 selected hourly and non-executive salaried employees of the Company and its domestic subsidiaries,
thereby strengthening the common interests of the shareholders of the Company and such employees in the long
term growth, profitability and success of the Company.
(c) TERM. The Plan shall remain in effect until December 31, 2002, unless sooner terminated by the Board of
Directors. Termination of the Plan shall not affect stock options granted under the Plan which are then
2. DEFINITIONS. For the purposes of the Plan, the following terms shall have the following meanings.
(a) "BARGAINING AGREEMENT" means the Agreement, dated effective October 25, 2000, together with the
Supplemental Agreement relating to Local 307, among the Company, the United Steelworkers of America,
A.F.L.-C.I.O.-C.L.C. and its Local 307, as amended and in effect.
(b) "BOARD OF DIRECTORS" means the Board of Directors of the Company.
(c) "CODE" means the Internal Revenue Code of 1986, as amended and in effect from time to time, or any
successor statute thereto, together with the published rulings, regulations and interpretations duly promulgated
(d) "COMMON STOCK" means the Common Stock, without par value, of the Company, or any security
issued by the Company in substitution or exchange therefore or in lien thereof.
(e) "COMPANY" means The Goodyear Tire & Rubber Company, an Ohio corporation, or any successor
(f) "EMPLOYEE" means (a) any individual who is a hourly employee not represented by a union, or a salaried
employee other than an officer or