Kraft 2010 Annual Report Download - page 153

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SECTION 6. ACCOUNTING
6.1 Individual Accounts
Bookkeeping Accounts shall be maintained under the Plan in the name of each Participant, as applicable, along with any subaccounts under such
Accounts deemed necessary or advisable from time to time, including a subaccount for each Plan Year that a Participant's Deferral Election is in effect. Each
such subaccount shall reflect the amount of the Participant's Deferral during that year, any Employer Contributions credited during that year, and the notional
gains, losses, expenses, appreciation and depreciation attributable thereto.
Rules and procedures may be established by the Administrator relating to the maintenance, adjustment, and liquidation of Participants' Accounts, the
crediting of deferrals and contributions and the notional gains, losses, expenses, appreciation, and depreciation attributable thereto, as are considered
necessary or advisable.
6.2 Adjustment of Accounts
Pursuant to rules established by the Employer, Participants' Accounts will be adjusted on each Valuation Date, except as provided in Section 9, to
reflect the notional value of the various Investment Funds as of such date, including adjustments to reflect any deferrals and contributions, notional transfers
between Investment Funds, and notional gains, losses, expenses, appreciation, or depreciation with respect to such Accounts since the previous Valuation
Date. The "value" of an Investment Fund at any Valuation Date may be based on the fair market value of the Investment Fund, as determined by the
Administrator in its sole discretion.
6.3 Accounting Methods
The accounting methods or formulae to be used under the Plan for purposes of monitoring Participants' Accounts, including the calculation and
crediting of notional gains, losses, expenses, appreciation, or depreciation, shall be determined by the Administrator in its sole discretion. The accounting
methods or formulae selected by the Administrator may be revised from time to time.
6.4 Statement of Account
At such times and in such manner as determined by the Administrator, but at least annually, each Participant will be furnished with a statement
reflecting the condition of his Accounts.
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