GT Goodyear Tire and Rubber Company

Exhibit 10.1

THE GOODYEAR TIRE & RUBBER COMPANY

OUTSIDE DIRECTORS’ EQUITY PARTICIPATION PLAN

(As Adopted February 2, 1996 and last Amended as of February 25, 2025)

“Account” means any of, and “Accounts” means all of, the Equity Participation Accounts and the Retainer Deferral Accounts maintained in the records of the Company for Participants.

“Accrual” means any dollar amount credited to an Account, including Special Accruals, Quarterly Accruals, Retainer Deferral Accruals, Dividend Equivalents and Interest Equivalents.

“Annual Meeting” means, for any particular calendar year, the annual meeting of shareholders held for purposes, among other things, of electing directors of the Company.

“Beneficiary” means the person or persons designated by a Participant pursuant to Section 12.

“Board” means the Board of Directors of the Company.

“Committee” means the Human Capital and Compensation Committee of the Board.

“Common Stock” means the Common Stock, without par value, of the Company.

“Conversion Date” means, with respect to each Account of each Retired Outside Director, for Units created prior to January 1, 2009, the later of (i) the first business day of the seventh month following the month during which such Retired Outside Director terminated his or her service as a member of the Board, or (ii) the fifth business day of the calendar year following the calendar year during which such Retired Outside Director terminated his or her service as a member of the Board. For Units created on or after January 1, 2009, “Conversion Date” means the fifth business day of the quarter following the quarter during which such Retired Outside Director

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terminated his or her service as a member of the Board. Notwithstanding the foregoing, for Restricted Stock Units that are not deferred pursuant to Section 8(B), “Conversion Date” means the fifth business day following the date such Restricted Stock Units vest pursuant to Section 7(C)(2). For all balances that are earned and vested after December 31, 2004, the term “termination of service” means a separation from service as defined in Section 409A of the Code.

“Dividend Equivalent” means, with respect to each dividend payment date for the Common Stock, an amount equal to the cash dividend per share of Common Stock which is payable on such dividend payment date.

“Equity Grant Amount” means for service on or after April 10, 2023 and before April 14, 2025, an annual grant of $160,000. For service on or after April 14, 2025 (the date of the Annual Meeting in 2025), “Equity Grant Amount” means for each service year, from Annual Meeting until Annual Meeting, a grant for the full year of service of $180,000; with Directors elected other than at an Annual Meeting receiving a prorated annual grant.

“Equity Participation Account” means a bookkeeping account maintained by the Company for a Participant to which Quarterly Accruals, Special Accruals and Dividend Equivalents are credited in respect of Outside Directors through the Conversion Date and Interest Equivalents are credited on dollar-denominated amounts subsequent to the Conversion Date, which Account shall be denominated in Units until the Conversion Date and, thereafter, for Units granted prior to January 1, 2009 shall be denominated in dollars and for Units granted after December 31, 2008 (for service on or after October 1, 2008) shall be denominated in shares of Common Stock, except that any remaining fractional Unit shall be cancelled.

“Fair Market Value of the Common Stock” means, in respect of any date on or as of which a determination thereof is being or to be made, the closing market price of the Common Stock reported on the primary exchange on which the Common Stock is then listed for trading on such date, or, if the Common Stock was not traded on such date, on the next preceding day on which sales of shares of the Common Stock were reported on the primary exchange on which the Common Stock is then listed for trading.

“Interest Equivalent” means an amount which shall be equal to one-twelfth (1/12th) of the product of (x) the dollar balance of a relevant Account, multiplied by (y) the sum (expressed as a decimal to six places) of the rate equivalent to the prevailing annual yield of United States Treasury obligations having a maturity of ten years (or, if not exactly ten years, as close to ten years as possible without exceeding ten years) at the Conversion Date, plus one percent (1%).

“Outside Director” means and includes each person who, at the time any determination thereof is being made, is a member of the Board and who is not and never has been an employee of the Company or any subsidiary or affiliate of the Company.

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“Participant” means and includes, at the time any determination thereof is being made, each Outside Director and each Retired Outside Director who has a balance in his or her Accounts.

“Plan” means The Goodyear Tire & Rubber Company Outside Directors’ Equity Participation Plan, the provisions of which are set forth herein.

“Quarterly Accrual” has the meaning assigned in Section 7.

“Restricted Stock Unit” means the Units issued pursuant to a Restricted Stock Grant under Section 8 of the Company’s 2022 Performance Plan, or any successor equity compensation plan, so long as such Units remain subject to the restrictions and conditions specified in this Plan pursuant to which such Restricted Stock Grant is made.

“Restricted Stock Unit Deferral Account” means a bookkeeping account maintained by the Company for a Participant to which Restricted Stock Unit Deferral Accruals and Dividend Equivalents are credited through the Conversion Date and which Account shall be denominated in Units until the Conversion Date and, thereafter, shall be denominated in shares of Common Stock, except that any remaining fractional Unit shall be cancelled.

“Restricted Stock Unit Deferral Accrual” has the meaning assigned in Section 8.

“Retainer” means with respect to each Outside Director the cash retainer fee payable to such Outside Director by the Company, plus all meeting attendance fees payable by the Company to such Outside Director, in respect of a calendar quarter.

“Retainer Deferral Account” means a bookkeeping account maintained by the Company for a Participant to which Retainer Deferral Accruals and Dividend Equivalents are credited through the Conversion Date and Interest Equivalents on dollar-denominated amounts are credited subsequent to the Conversion Date, which Account shall be denominated in Units until the Conversion Date and, thereafter, for Units created prior to January 1, 2011 shall be denominated in dollars and for Units created after December 31, 2010 shall be denominated in shares of Common Stock, except that any remaining fractional Unit shall be cancelled.

“Retainer Deferral Accrual” has the meaning assigned in Section 8.

“Retired Outside Director” means an Outside Director who has terminated his or her service as a member of the Board and is entitled to receive distributions in respect of his or her Account or Accounts as provided in Section 10.

“Special Accrual” has the meaning assigned in Section 7.

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“Unit” means an equivalent to a hypothetical share of Common Stock which is the denomination into which all dollar Accruals (other than Interest Equivalents) to any Account are to be translated. Upon the Accrual of any dollar amount to any Account on or prior to the Conversion Date thereof, such dollar amount shall be translated into Units by dividing the dollar amount of such Accrual by the Fair Market Value of the Common Stock on the day on or as of which such Accrual to the Account is made. Additionally, each Restricted Stock Unit granted is equal to one Unit. Units, and the translation thereof from dollars, shall be calculated and recorded in the Accounts rounded to the fourth decimal place.

“Year of Service” means, with respect to each Outside Director, the twelve month period commencing with the date of the individual’s election as an Outside Director or any anniversary thereof.

(B) Special Accruals. The last Special Accrual was credited to the Equity Participation Account of each Outside Director who was an Outside Director on January 1, 2007, in the amount of $3,750 as of April 2, 2007.

(C) Restricted Stock Units Grant.

(1) Quarterly Equity Grants. Quarterly Equity Grants were discontinued for service on or after April 10, 2023. Effective for quarterly grants made in respect of service on or after October 1, 2010 and prior to April 10, 2023, the Restricted Stock Units are further restricted by only ratably vesting over three years, subject to accelerated full vesting upon becoming a Retired Outside Director.

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(2) Annual Equity Grants. Effective for service on or after April 10, 2023, to be granted on April 10, 2023 (or, for Directors elected other than at an Annual Meeting, on the effective date of their election as a Director) and on the day of each succeeding Annual Meeting, each Outside Director who is then a member of the Board of Directors, will be granted the number of Restricted Stock Units that will be equal to the applicable Equity Grant Amount divided by the Fair Market Value of the Common Stock for such grant date. For the annual grant with respect to the last year of Board service, the applicable Equity Grant Amount will be prorated at settlement based on the number of days of actual service in the year if the Outside Director did not serve until the next succeeding Annual Meeting. Effective for grants made in respect of service on or after April 10, 2023, the Restricted Stock Units shall vest on the earlier of the first anniversary of the grant date or the next Annual Meeting, subject to pro-rata vesting, as described in the immediately preceding sentence, upon becoming a Retired Outside Director.

(D) Translation of Accruals into Units. Each Accrual (other than Interest Equivalents) to an Equity Participation Account shall be translated into Units by dividing the dollar amount thereof by the Fair Market Value of the Common Stock on the day as of which such Accrual is made. Upon such translation of an Accrual into Units, the resulting number of Units shall be credited to the relevant Equity Participation Account (in lieu of the dollar amount of such Accrual) and such Accrual shall continue to be denominated in such number of Units until the Conversion Date for such Account, when those Units derived from Accruals (as compared to Units from Restricted Stock Unit Grants) and created prior to January 1, 2009 will be converted into a dollar amount equal to the product of (i) the number of Units credited to such Account on such Conversion Date, multiplied by (ii) the Fair Market Value of the Common Stock on such Conversion Date. Units derived from Accruals and created on or after January 1, 2009 shall continue to be denominated in such number of Units until the Conversion Date for such Account, when those Units will be converted into shares of Common Stock, except that any remaining fractional Unit shall be cancelled.

(A)Retainer Deferral Accounts. Each Outside Director may, at his or her sole election, defer receipt of 25%, 50%, 75% or 100% of his or her Retainer payable in respect of and during any calendar year by electing to have such amount credited to his or her Retainer Deferral Account (herein referred to as a “Retainer Deferral Accrual”). Each deferral election, if any, shall be made by an Outside Director annually, must be in respect of an entire calendar year and shall be made not later than, and shall become irrevocable as of, December 31 of the calendar year prior to the calendar year in respect of which such election is being made. The dollar amount of each Retainer Deferral Accrual shall be translated (in the manner specified in Section 7(D)) into Units on the date such Retainer Deferral Accrual is credited to the relevant Retainer Deferral Account, which shall be the day on which the payment of such portion of the Retainer would have been made absent the election of the Outside Director to defer the payment of all or a portion thereof. Upon such translation into Units, the resulting number of Units shall be credited to the relevant Retainer Deferral Account (in lieu of the dollar amount of such Accrual) and such Accrual shall continue to be denominated in such number of Units until the Conversion Date, when for Units in respect of deferrals elected prior to January 1, 2011 applicable to plan years through December 31, 2010, the Units will be converted into a dollar amount equal to the product of (i) the number of Units credited to such Retainer Deferral Account on such Conversion Date, multiplied by (ii) the Fair Market Value of the Common Stock on such Conversion Date. For Units relating to deferrals effective on or after January 1, 2011, each Unit will be converted to a share of Common Stock and all such shares of Common Stock will be delivered on the fifth business day of the calendar quarter following the quarter of his or her separation from Board service, except that any remaining fractional Unit shall be cancelled.

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(B) Restricted Stock Unit Deferral Accounts. Effective with respect to Equity Grants of Restricted Stock Units made on or after April 14, 2025, each Outside Director may, at his or her sole election, defer receipt of 25%, 50%, 75% or 100% of the shares of Common Stock represented by the Restricted Stock Units granted in respect of and during any calendar year by electing to have such amount credited to his or her Restricted Stock Unit Deferral Account (hereinafter referred to as a “Restricted Stock Unit Deferral Accrual”). Each deferral election, if any, shall be made by an Outside Director annually, must be in respect of an entire calendar year and shall be made not later than, and shall become irrevocable as of December 31 of the calendar year prior to the calendar year in respect of which such election is being made. Notwithstanding the foregoing, with respect to the Equity Grants to be made on April 14, 2025, any such deferral election must be made on or after February 25, 2025 and prior to March 21, 2025 to be effective. The Restricted Stock Units subject to the Outside Director’s deferral election shall be credited to the Restricted Stock Unit Deferral Account and such Restricted Stock Unit Deferral Accrual shall continue to be denominated in Units until the Conversion Date, when each Restricted Stock Unit will be converted to a share of Common Stock and all such shares of Common Stock will be delivered on the fifth business day of the calendar quarter following the quarter of his or her separation from Board service, except that any remaining fractional Unit shall be cancelled.

(A) Equity Participation Accounts. For all balances that are earned or vested after December 31, 2004, each Retired Outside Director shall be entitled to receive the balance of his or her Equity Participation Account in accordance with the provisions of Section 11 of the Plan for Units that are to be paid in dollars (Units granted from Accruals prior to January 1, 2009). Notwithstanding the foregoing, the Board may at any time deny the payment of, or reduce the amount of, the Equity Participation Account of any Participant if, in the opinion of the Board, such Participant was engaged in an act of misconduct or otherwise engaged in conduct detrimental to the Company.

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(B) Retainer Deferral Accounts. Each Retired Outside Director shall be entitled to receive the balance, if any, of his or her Retainer Deferral Account in accordance with the provisions of Section 11 of the Plan.

(C) Restricted Stock Units. Each Outside Director will receive shares of Common Stock for their Restricted Stock Units on the fifth business day following the vesting date for such Restricted Stock Units as set forth in Section 7(C)(2), subject to any deferral election made in accordance with Section 8(B). Notwithstanding the foregoing, the Board may at any time deny the payment of, or reduce the amount of, the Restricted Stock Units of any Participant if, in the opinion of the Board, such Participant was engaged in an act of misconduct or otherwise engaged in conduct detrimental to the Company.

(D) Restricted Stock Unit Deferral Accounts. Each Retired Outside Director shall be entitled to receive the balance, if any, of his or her Restricted Stock Unit Deferral Account on the fifth business day following his or her separation from Board service.

(A) All distributions of Equity Participation Accounts, Restricted Stock Units, Restricted Stock Unit Deferral Accounts and Retainer Deferral Accounts to Participants shall be made in cash or Common Stock pursuant to the terms of the Accrual, Grant or deferral according to the provisions of the Plan.

(B) In the case of each Retired Outside Director, the Units credited to his or her Equity Participation Account and Retainer Deferral Account, respectively, shall, on the Conversion Date for such Retired Outside Director, be converted to a dollar-denominated amount by multiplying the number of Units that are to be paid in dollars in each of the Accounts by the Fair Market Value of the Common Stock on such Conversion Date and for Units that are to be paid in Common Stock, each Unit is equal to one share.

(C) For all balances that are earned or vested after December 31, 2004, the payment of such balance for Units that are to be paid in dollars (Units created from Accruals prior to January 1, 2009) shall be made in a lump sum payment on the fifth business day following the Conversion Date in respect of such Retired Outside Director. For Units relating to deferrals effective on or after January 1, 2011, each Unit will be converted to a share of Common Stock and all such shares of Common Stock will be delivered on the fifth business day of the calendar quarter following the quarter of his or her separation from Board service, except that any remaining fractional Unit shall be cancelled.

(D) In the event of the death of an Outside Director, the entire balance of his or her Accounts and Restricted Stock Units shall be eligible for payment which shall be made in a lump sum on the Conversion Date for his or her Accounts.

(E) In the event of the death of a Retired Outside Director, the entire balance of his or her Accounts(s) and Restricted Stock Units shall be paid on the Conversion Date for his or her Accounts (if it has not occurred) or on the next occurring anniversary thereof.

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Notwithstanding the foregoing, no termination or amendment of this Plan may accelerate payment of post-2004 benefits to any Participant except under the following conditions:

(1) The Company may terminate and liquidate the Plan within 12 months of a corporate dissolution taxed under section 331 of the Internal Revenue Code, or with the approval of a bankruptcy court pursuant to 11 U.S.C. §503(b)(1)(A), provided that the amounts deferred under the Plan are included in the Participants’ gross incomes in the latest of the following years (or, if earlier, the taxable year in which the amount is actually or constructively received): (a) the calendar year in which the Plan termination and liquidation occurs; (b) the first calendar year in which the amount is no longer subject to a substantial risk of forfeiture; or (c) the first calendar year in which the payment is administratively practicable.

(2) The Company may terminate and liquidate the Plan pursuant to irrevocable action taken by the Board of Directors within the 30 days preceding or the 12 months following a change in control event (as defined in Treasury Regulation §1.409A-3(i)(5)), provided that this paragraph will only apply to a payment under a plan if all agreements, methods, programs and other arrangements sponsored by the Company immediately after the time of the change in control event with respect to which deferrals of compensation are treated as having been deferred under a single plan under Treasury Regulation §1.409A-1(c)(2) are terminated and liquidated with respect to each Participant that experienced the change in control event, so that under the terms of the termination and liquidation all such participants are required to receive all amounts of compensation deferred under the terminated agreements, methods, programs and other arrangements within 12 months of the date the Company irrevocably takes all necessary action to terminate and liquidate the agreements, methods, programs and other arrangements.

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(3) The Company may terminate and liquidate the Plan, provided that (a) the termination and liquidation does not occur proximate to a downturn in the financial health of the Company; (b) the Company terminates and liquidates all agreements, methods, programs and other arrangements sponsored by the Company that would be aggregated with any terminated and liquidated agreements, methods, programs and other arrangements under Treasury Regulation §1.409-1(c) if any Participant had deferrals of compensation under all of the agreements, methods, programs and other arrangements that are terminated and liquidated; (c) no payments in liquidation of the Plan are made within 12 months of the date the Company takes all necessary action to irrevocably terminate and liquidate the Plan other than payments that would be payable under the terms of the Plan if the action to terminate and liquidate the Plan had not occurred; (d) all payments are made within 24 months of the date the Company takes all necessary action to irrevocably terminate and liquidate the Plan; and (e) the Company does not adopt a new plan that would be aggregated with any terminated and liquidated plan under Treasury Regulation §1.409A-1(c) if the same service provider participated in both plans, at any time within three years following the date the service recipient takes all necessary action to irrevocably terminate and liquidate the Plan.

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