Kraft 2010 Annual Report Download - page 151

SECTION 5. NOTIONAL INVESTMENTS
5.1 Investment Funds
The Employer may designate, in its discretion, one or more Investment Funds for the notional investment of Participants' Accounts. The Employer, in
its discretion, may from time to time establish new Investment Funds or eliminate existing Investment Funds. The Investment Funds are for recordkeeping
purposes only and do not allow Participants to direct any Employer assets (including, if applicable, the assets of any trust related to the Plan). Each
Participant's Accounts shall be adjusted pursuant to the gains, losses and expenses experienced by the Participant's notional investment elections made in
accordance with this Section 5, except as otherwise determined by the Employer or Administrator in their sole discretion. The availability of an Investment
Fund shall not give, or be deemed for any purpose to give, a Participant an interest in any asset or investment held by the Employer for any purpose.
5.2 Investment Fund Elections
The Employer shall have full discretion in the direction of notional investments of Participants' Accounts under the Plan; provided, however, that if the
Employer so elects in the Adoption Agreement, each Participant may elect from among the Investment Funds for the notional investment of such of his
Accounts as are permitted under the Adoption Agreement from time to time in accordance with procedures established by the Employer. The Administrator,
in its discretion, may adopt (and may modify from time to time) such rules and procedures as it deems necessary or appropriate to implement the notional
investment of the Participant's Accounts. Such procedures may differ among Participants or classes of Participants, as determined by the Employer or the
Administrator in its discretion. The Employer or Administrator may limit, delay or restrict the notional investment of certain Participants' Accounts, or restrict
allocation or reallocation into specified notional investment options, in accordance with rules established in order to comply with Employer policy and
applicable law, to minimize regulated filings and disclosures, or under any other circumstances in the discretion of the Employer. Any deferred amounts
subject to a Participant's investment election that must be so limited, delayed or restricted under such circumstances may be notionally invested in an
Investment Fund designated by the Administrator, or may be credited with earnings at a rate determined by the Administrator, which rate may be zero. A
Participant's notional investment election shall remain in effect until later changed in accordance with the rules of the Administrator. If a Participant does not
make a notional investment election, all deferrals by the Participant and contributions on his behalf will be deemed to be notionally invested in the Investment
Fund designated by the Employer for such purpose, or, at the Employer's election, may remain uninvested until such time as the Administrator receives proper
direction, or may be credited with earnings at a rate determined by the Administrator or Employer, which rate may be zero.
5.3 Investment Fund Transfers
A Participant may elect that all or a part of his notional interest in an Investment Fund shall be transferred to one or more of the other Investment Funds.
A Participant may make such
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