Attached files

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EX-10.(III) (A3) - EXTENDED PROVISIONS FOR RESTRICTED STOCK UNIT AGREEMENTS-SETTLEMENT IN SHARES - EXXON MOBIL CORPxomexhibit10iiia3.htm
10-K - FORM 10-K - EXXON MOBIL CORPxom10k2016.htm
EX-32.3 - SECTION 1350 CERTIFICATION (PURSUANT TO SARBANES-OXLEY SECTION 906) BY PRINCIPAL - EXXON MOBIL CORPxomexhibit323.htm
EX-32.2 - SECTION 1350 CERTIFICATION (PURSUANT TO SARBANES-OXLEY SECTION 906) BY PRINCIPAL - EXXON MOBIL CORPxomexhibit322.htm
EX-32.1 - SECTION 1350 CERTIFICATION (PURSUANT TO SARBANES-OXLEY SECTION 906) BY CHIEF EXE - EXXON MOBIL CORPxomexhibit321.htm
EX-31.3 - CERTIFICATION (PURSUANT TO SECURITIES EXCHANGE ACT RULE 13A-14(A)) BY PRINCIPAL - EXXON MOBIL CORPxomexhibit313.htm
EX-31.2 - CERTIFICATION (PURSUANT TO SECURITIES EXCHANGE ACT RULE 13A-14(A)) BY PRINCIPAL - EXXON MOBIL CORPxomexhibit312.htm
EX-31.1 - CERTIFICATION (PURSUANT TO SECURITIES EXCHANGE ACT RULE 13A-14(A)) BY CHIEF EXEC - EXXON MOBIL CORPxomexhibit311.htm
EX-23 - CONSENT OF PRICEWATERHOUSECOOPERS LLP, INDEPENDENT REGISTERED PUBLIC ACCOUNTING - EXXON MOBIL CORPxomexhibit23.htm
EX-21 - SUBSIDIARIES OF THE REGISTRANT - EXXON MOBIL CORPxomexhibit21.htm
EX-12 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - EXXON MOBIL CORPxomexhibit12.htm
EX-10.(III) (F2) - STANDING RESOLUTION FOR NON EMPLOYEE DIRECTOR RESTRICTED GRANTS - EXXON MOBIL CORPxomexhibit10iiif2.htm
EX-10.(III) (D) - EXXONMOBIL EXECUTIVE LIFE INSURANCE AND DEATH BENEFIT PLAN - EXXON MOBIL CORPxomexhibit10iiid.htm
EX-10.(III) (A2) - EXTENDED PROVISIONS FOR RESTRICTED STOCK AGREEMENTS - EXXON MOBIL CORPxomexhibit10iiia2.htm

 

EXHIBIT 10(iii)(b.2)

 

EXXON MOBIL CORPORATION

EARNINGS BONUS UNIT AWARD

 

 

 

Maximum

Maximum

 

 

Settlement

Settlement

 

Number

Value Per

Value of

Name of Grantee

of EBUs

EBU

Award

 

 

$6.50

 

 

This EARNINGS BONUS UNIT AWARD is granted in Dallas County, Texas by Exxon Mobil Corporation (the "Corporation") effective November 30, 2016 (the "date of grant"), pursuant to the Short Term Incentive Program adopted by the Board of Directors of the Corporation on October 27, 1993, as amended (the "Program"). This award is subject to the provisions of this instrument and the Program and to such regulations and requirements as may be stipulated from time to time by the administrative authority defined in the Program and is granted on the condition that Grantee accepts such provisions, regulations, and requirements. This instrument incorporates by reference the provisions of the Program, as it may be amended from time to time, including without limitation the definitions of terms used in this instrument and defined in the Program.

1. Award.  The Corporation has granted to Grantee the number of earnings bonus units ("EBUs") set forth above, with each EBU having the maximum settlement value set forth above. Subject to the other terms of this award, Grantee has the right, for each of these EBUs, to receive from the Corporation, promptly after the settlement date defined below, an amount of cash equal to the Corporation's cumulative earnings per common share (assuming dilution) as reflected in its quarterly earnings statements as initially filed in its quarterly or annual reports with the U.S. Securities and Exchange Commission commencing with earnings for the first full quarter following the date of grant to and including the last full quarter preceding the settlement date; provided, however, that the amount of such settlement will not exceed the maximum settlement value specified above.

2. Settlement Date. The settlement date of these EBUs will be the earlier of (i) the date of publication of the Corporation's quarterly earnings statement for the twelfth (12th) full quarter following the date of grant, or (ii) the date of publication of the Corporation's quarterly earnings statement which brings the cumulative earnings per common share (assuming dilution) as initially filed in its quarterly or annual reports with the U.S. Securities and Exchange Commission commencing with the first full quarter following the date of grant to an amount at least equal to the maximum settlement value per EBU specified above.

3. Annulment.  This award is provisional until the Corporation actually pays cash in settlement of the award.

(a) If, before the Corporation pays such cash, Grantee terminates (other than by death) before standard retirement time within the meaning of the Program, this award will automatically expire as of the date of termination, except to the extent the administrative authority determines Grantee may retain this award.

(b) If, before the Corporation pays such cash, Grantee is determined to have engaged in detrimental activity within the meaning of the Program, this award will automatically expire as of the date of such determination.

(c) Provisional awards held by executive officers may also be subject to cancellation to comply with applicable law or Corporation policy including, without limitation, any clawback obligations determined to be owed by Grantee to the Corporation in connection with this or other awards.

4. Adjustments.  The number of EBUs covered by this award and the meaning of the term "common share" will be adjusted by the administrative authority as it deems appropriate to give effect to any stock split, stock dividend or other relevant change in capitalization of the Corporation after the date of grant and prior to the settlement date.

 

 


 

5. Governing Law and Consent to Jurisdiction. This award and the Program are governed by the laws of the State of New York without regard to any conflict of law rules. Any dispute arising out of or relating to this award or the Program may be resolved in any state or federal court located within Dallas County, Texas, U.S.A. This award is issued on the condition that Grantee accepts such venue and submits to the personal jurisdiction of any such court. Similarly, the Corporation accepts such venue and submits to such jurisdiction.

 

EXXON MOBIL CORPORATION