EX-10.1
ExxonMobil Holdings Corp
EXXON MOBIL CORPORATION
2003 INCENTIVE PROGRAM
(as approved by shareholders May 28, 2003)
I. Purposes
This 2003 Incentive Program is intended to help reward, retain, and motivate selected employees of the Corporation and its affiliates and to align further the interests of those employees with the interests of the Corporation’s shareholders through the grant of stock-based awards.
II. Definitions
The following definitions apply:
(1) ‘Administrative authority’ means the Board, a committee designated by the Board, the Chairman of the Board, or the Chairman’s delegates authorized to administer outstanding awards under this Program, establish requirements and procedures for the operation of the Program, and to exercise other powers assigned to the administrative authority under this Program in accordance with Section III.
…