AbitibiBowater, Inc. (fka ABWTQ)

[emailjanum]

Restructuring Recognition Award. On and effective as of the
Effective Date, the Company will adopt and implement a performance driven restructuring
recognition plan designed to reward actions and initiatives contributing to a successful and
timely reorganization of the Company, by providing selected members of management with onetime
cash emergence awards (a “Restructuring Recognition Award”) in an aggregate value of
approximately $6 million. Approximately 50 executives, senior managers and managers, who
are critical to the Company’s performance and successful reorganization efforts, will be selected
to receive a Restructuring Recognition Award equal from 30% to 100% of the recipient’s
Reduced Base Salary to be paid in cash at emergence upon approval by the Board. Restructuring
Recognition Award recipients will be required to repay 1/12th of their award for each month
during the one-year period following the Effective Date they were not employed by Reorganized
ABH or a Reorganized Debtor, if they either voluntarily resign their employment or are
discharged by their employer for “cause.”