This excerpt taken from the GLW 10-K filed Feb 15, 2008.
(a) every Employee whose benefit under the Qualified Plans benefit formula is limited by the benefit limitations of Code Section 415, the compensation cap of Code Section 401(a)(17) or any other Code limitation that restricts the level of Qualified Plan benefits; and
(b) every other Employee designated by the Committee. The Committee shall keep such records as it deems appropriate to identify Employees covered by this subsection (b).
(a) is terminated for cause, which determination shall be in the sole discretion of the Committee and this determination shall be final and binding on all persons; or
(b) terminates employment for any reason prior to becoming fully vested in the Qualified Plan.
Additionally, an Employee who is designated as eligible to receive benefits under the Executive Supplemental Pension Plan shall not be entitled to any benefits under the Corning Incorporated Supplemental Pension Plan. Instead, such an Employees benefit will be determined under the terms of the Executive Supplemental Pension Plan, which generally ensures payment of any vested benefit under this Plan that has accrued as of the date the Employee commences participation under the Executive Supplemental Pension Plan.
This excerpt taken from the GLW 10-K filed Feb 27, 2007.
Only Directors of the Corporation who at the time an Award is made meet the following criteria shall be eligible to receive Awards under the Plan: (a) the Director is not, and has not been for at least three years, an employee or officer of the Corporation or any subsidiary of the Corporation, and (b) the Director is a outside director as such term is defined in Rule 16b-3 promulgated under the Securities Exchange Act of 1934, as amended (the Exchange Act) or any similar rule which may subsequently be in effect.