Kraft 2010 Annual Report Download - page 145
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SECTION 3. ELIGIBILITY AND PARTICIPATION
3.1 Eligibility
As of the Effective Date, each Eligible Individual shall be eligible to become a Participant by properly making a Deferral Election on a timely basis as
described in Section 4, or, if applicable, by receiving an Employer Contribution under the Plan. A person who is subsequently determined to be an Eligible
Individual may become a Participant by making a Deferral Election on a timely basis as described in Section 4 or, if applicable, by receiving an Employer
Contribution under the Plan. Each Eligible Individual's decision to become a Participant by making a Deferral Election shall be entirely voluntary. The
Employer may require the Participant to complete any necessary forms or other information as it deems necessary or advisable prior to permitting the Eligible
Individual to commence participation in the Plan. Eligibility to defer amounts under the Plan in any one calendar year shall not confer the right to defer
amounts for any subsequent year.
3.2 Cessation of Deferrals
If a Participant ceases to be an Eligible Individual, due to a Termination of Employment or for any other reason, no further Compensation Deferrals,
Non-Performance-Based Bonus Deferrals, Performance-Based Bonus Deferrals, or other Employer Contributions shall be credited to the Participant's
Accounts after the Participant's Termination Date or date the Participant ceases to be an Eligible Individual (or as soon as administratively feasible after the
date the Participant ceases to be an Eligible Individual), unless he is subsequently determined to be an Eligible Individual by the Administrator. However, the
balance credited to the Participant's Accounts shall continue to be adjusted for notional investment gains, losses, and expenses under the terms of the Plan and
shall be distributed to him at the time and manner set forth in Section 9.
3.3 Eligibility for Employer Contributions
An Eligible Individual who has satisfied the requirements necessary to become a Participant with respect to Employer Contributions other than
Matching Contributions as specified in the Adoption Agreement, shall be eligible to receive Employer Contributions described in subsection 4.3, if applicable.
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