Kraft 2010 Annual Report Download - page 177
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¨Same definition of Compensation as in Employer's 401(k) or other applicable qualified retirement plan, earned while the Participant is an Eligible
Individual, as determined by the Employer.
xParticipant's total wages, salary, commissions, overtime, bonus, etc. for a given year which the Employer is required to report on Form W-2 or
other appropriate form, (or, in the case of Other Service Providers, the Participant's total remuneration from the Employer for a given year
pursuant to the agreement to provide services to the Employer), earned while the Participant is an Eligible Individual as determined by the
Employer.
¨Other [enter description]:
9. Expiration of Participant's Deferral Elections [select all that apply]:
xRenewed Each Year: Participant's Deferral Elections must be renewed each year during the open enrollment period ending no later than
December 31 prior to the effective Plan year (or, in the case of Performance-Based Bonuses, no less than 6 months prior to the end of the
applicable performance period).
xFor all types of Compensation Deferrals.
¨For Salary Deferrals only — other types of Deferrals are "evergreen".
¨For Performance-Based Bonus only — other types of Deferrals are "evergreen".
¨Other: [specify]
¨Evergreen: Participant's Deferral Elections will be "evergreen" (i.e., will continue indefinitely until the Participant's Termination Date unless
changed by the Participant – so each year the Participant will be deemed to have the same election in place as the prior year unless actively
changed by the Participant during the open enrollment period ending no later than December 31 prior to the effective Plan year or, in the case of
Performance-Based Bonuses, no less than 6 months prior to the end of the applicable performance period).
¨For all types of Compensation Deferrals.
¨For Salary Deferrals only — other types of Deferrals are renewed each year.
¨For Performance-Based Bonus only — other types of Deferrals are renewed each year.
¨Other: [specify]
10. Employer Contributions [select all that apply]:.
x (a) No Employer Contributions.
¨ (b) Matching Contributions on all Participant Compensation Deferrals [also complete Items 11 through 14 ].
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