XEROX CORP
FORM OF EXECUTIVE LONG TERM INCENTIVE PROGRAM AWARD SUMMARY UNDER 2007 ELTIP
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<TYPE>EX-10.E.13
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<DESCRIPTION>FORM OF EXECUTIVE LONG TERM INCENTIVE PROGRAM AWARD SUMMARY UNDER 2007 ELTIP
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<TITLE>Form of Executive Long Term Incentive Program Award Summary under 2007 ELTIP</TITLE>
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<IMG SRC="g77788g37k72.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Exhibit 10(e)(13) </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV
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<TD VALIGN="top"> <P STYLE="margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2"><B>Award Summary</B></FONT></P></TD></TR>
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<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Executive Long-Term Incentive</FONT></TD></TR>
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<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Program Grant (Officers)</FONT></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>&laquo;First_Name&raquo; &laquo;Last_Name&raquo; </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B></B>Date of Agreement and Award:<B> July&nbsp;1, 2007 </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><HR SIZE="2"
NOSHADE COLOR="#000000" ALIGN="left"> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Value on February&nbsp;15, 2007:</B></FONT></TD>
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<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B></B>&laquo;Approved_Value_&raquo;</FONT></TD></TR>
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<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Performance Shares</B></FONT></TD>
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<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Number of Performance Shares:</FONT></TD>
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<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&laquo;Performance_Shares_&raquo;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Vesting Date of All Performance Shares Earned: </I></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">- on 07/01/10 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Performance Shares Earned
if Annual Target Performance is Achieved: </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">- 1/3 of grant on: 7/1/08, 7/1/09 and 7/1/10 </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Performance Shares Earned if Three-Year Cumulative Performance between </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2"><I>Threshold and Maximum is Achieved:</I> </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">- 25% - 150% of grant (net of shares earned for Annual Achievement) on
07/01/10 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Automatic Deferral: If the deduction for delivery of shares would be limited by section 162(m) of the Internal Revenue Code (&#147;Code&#148;),
shares will automatically be deferred until the Committee reasonably believes that the deduction will no longer be limited by section 162(m), unless otherwise required under Code section 409A. Notwithstanding the above, in no event shall shares of
Common Stock be delivered prior to the Vesting Date set forth above. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left"> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">*Notwithstanding the above, at the Company&#146;s discretion, Employee may irrevocably elect, on or before June&nbsp;30, 2007, to defer receipt of Common Stock in
connection with Performance Shares in the manner described to the Employee in writing in the Deferral Form. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">*Performance measures which may include, but
are not limited to, continuous service with the Company, achievement of specific business objectives, and other measurements of individual, business unit or Company performance shall be determined by the Committee in its sole discretion. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><I>XEROX CONFIDENTIAL </I></B></FONT></P>
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