(e) On November 25, 2008, the Compensation Committee of Exxon Mobil Corporation (the "Corporation" or "ExxonMobil") established a total ceiling of $232 million in respect of 2008 under the Corporation's Short Term Incentive Program, of which bonuses were granted to certain officers as follows:

R. W. Tillerson:        $4,000,000

D. D. Humphreys:       $2,364,000

H. R. Cramer:          $1,744,598

Approximately 50 percent of the bonus will be paid to the executive in cash by year-end and the remaining 50 percent of the bonus will be paid on a delayed basis through the use of earnings bonus units ("EBUs"). Each EBU entitles the executive to receive an amount in cash equal to ExxonMobil's cumulative net income per common share as announced each quarter beginning after the grant.
Payout occurs on the date of publication of the Corporation's quarterly earnings statement for the twelfth (12th) full quarter following the date of grant, or when the maximum settlement value of $5.75 per unit is reached, if earlier. Under the terms of the Short Term Incentive Program, in the event of a material negative restatement of results bonus awards paid on the basis of such results are subject to recoupment. The form of EBU instrument used for settlement of 2008 bonuses is filed as Exhibit 99.1 to this report.

The Committee also established a total ceiling of 11 million shares in respect of 2008 to be granted as restricted stock or restricted stock units under the Corporation's 2003 Incentive Program, of which restricted stock awards were granted to certain officers as follows:

R. W. Tillerson:           225,000   shares

D. D. Humphreys:         106,400  shares

H. R. Cramer:              77,000  shares

These restricted shares may not be sold (i) for half the shares, until five years after grant, and (ii) for the balance of the shares, until 10 years after grant or until retirement, whichever occurs later. These restricted periods may not be accelerated except in case of death. During the restricted period, shares may not be transferred and are subject to forfeiture. Potential events of forfeiture include early termination of employment or detrimental activity.
Examples of detrimental activity could include violating ExxonMobil's ethics policies or going to work for a competitor. During the restricted period the holder of restricted stock is otherwise generally treated as a registered shareholder with the right to receive dividends and vote the shares. The form of terms of the 2008 restricted stock agreements with executive officers is filed as Exhibit 99.2 to this report.

Effective December 1, 2008, the annual salary of H. R. Cramer will increase to $880,000.

Effective January 1, 2009, the annual salary of R. W. Tillerson will increase to $2,057,000, and the annual salary of D. D. Humphreys will increase to $1,010,000.

All ExxonMobil executive officers are "at will" employees of the Corporation and do not have employment contracts.

(d) Exhibits.

99.1        Form of 2008 Earnings Bonus Unit instrument granted to executive
officers.


99.2        Form of terms of 2008 restricted stock agreements with executive
officers.


99.3        Short Term Incentive Program, as amended (incorporated by reference

99.4 2003 Incentive Program (incorporated by reference to Exhibit 10(iii)(a.1) to the Registrant's Quarterly Report on Form 10-Q for the quarter ended March 31, 2008).