Kraft 2008 Annual Report Download - page 104

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8. Original Issue or Transfer Taxes. The Company shall pay all original issue or transfer taxes and all fees and expenses incident to such delivery, except
as otherwise provided in paragraph 6.
9. Successors. Whenever the word “Employee” is used herein under circumstances such that the provision should logically be construed to apply to the
executors, the administrators, or the person or persons to whom the Restricted Stock may be transferred pursuant to this Agreement, it shall be deemed to include
such person or persons. This Agreement shall be binding upon and inure to the benefit of any successor or successors of the Company and any person or persons
who shall acquire any rights hereunder in accordance with this Agreement, the Award Statement or the Plan
10. Award Confers No Rights to Continued Employment - Nature of the Grant. Nothing contained in the Plan or this Agreement shall give the Employee
the right to be retained in the employment of any member of the Kraft Group or affect the right of any such employer to terminate the Employee. The adoption
and maintenance of the Plan shall not constitute an inducement to, or condition of, the employment of the Employee. Further, the Employee acknowledges and
agrees that:
(a) the Plan is established voluntarily by the Company, it is discretionary in nature and it may be modified, amended, suspended or terminated by the
Company at any time, unless otherwise provided in the Plan and this Agreement;
(b) the grant of any Restricted Stock is voluntary and occasional and does not create any contractual or other right to receive future grants of awards, or
benefits in lieu of awards, even if awards have been granted repeatedly in the past;
(c) all decisions with respect to future Restricted Stock grants, if any, will be at the sole discretion of the Company;
(d) the Employee is voluntarily participating in the Plan;
(e) the Restricted Stock is an extraordinary item that does not constitute compensation of any kind for services of any kind rendered to any member of the
Kraft Group, and which is outside the scope of the Employee’s employment contract, if any;
(f) the Restricted Stock is not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any severance,
resignation, termination, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments and in no event
should be any member of the Kraft Group;
(g) in the event that the Employee is not an employee of any member of the Kraft Group, the Restricted Stock grant and the Employee’s participation in
the Plan will not be interpreted to form an employment contract or relationship with the Kraft Group; and furthermore, the Award grant will not be interpreted to
form an employment contract with any member of the Kraft Group;
3
Source: KRAFT FOODS INC, 10-K, February 25, 2008 Powered by Morningstar® Document Research℠