Kraft 2014 Annual Report Download - page 122

10. Award Confers No Rights to Continued Employment - Nature of the Grant . Nothing contained in the Plan or this
Agreement (including, as applicable, the appendices) shall give any employee the right to be retained in the employment of any
member of the Kraft Foods Group or affect the right of any such employer to terminate any employee. The adoption and
maintenance of the Plan shall not constitute an inducement to, or condition of, the employment of any employee. Further, the
Optionee 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, to the extent permitted by the Plan;
(b)
the grant of the Option is voluntary and occasional and does not create any contractual or other right to receive future
grants of options, or benefits in lieu of options, even if options have been granted in the past;
(c)
all decisions with respect to future option or other grants, if any, will be at the sole discretion of the Committee;
(d)
the Optionee is voluntarily participating in the Plan;
(e)
the Option and the Option Shares subject to the Option are not intended to replace any pension rights or
compensation;
(f)
the Option and the Option Shares subject to the Option and the income and the value of same are not part of normal
or expected compensation for purposes of calculating any severance, resignation, termination, redundancy, dismissal, end-of-
service payments, bonuses, long-service awards, pension, retirement or welfare benefits;
(g)
the future value of the underlying Option Shares is unknown, indeterminable and cannot be predicted with certainty;
(h)
if the underlying shares of Common Stock do not increase in value, the Option will have no value;
(i)
if the Optionee exercises the Option and obtains shares of Common Stock, the value of those shares of Common
Stock acquired upon exercise may increase or decrease in value, even below the Grant Price;
(j)
no claim or entitlement to compensation or damages shall arise from forfeiture of the Option resulting from the
termination of the Optionee’ s employment or other service relationship (for any reason whatsoever, whether or not later found to be
invalid or in breach of any employment laws in the jurisdiction where the Optionee is employed or the terms of the Optionee’ s
employment agreement, if any), and in consideration of the grant of the Option to which the Optionee is otherwise not entitled, the
Optionee irrevocably agrees never to institute any claim against the Company, any of its subsidiaries or affiliates or the Employer,
waives his or her ability, if any, to bring any such claim, and releases the Kraft Foods Group and the Employer from any such
claim; if, notwithstanding the foregoing, any such claim is allowed by a court of competent jurisdiction, then, by participating in the
Plan, the Optionee shall be deemed irrevocably to have agreed not to pursue such claim and agrees to execute any and all
documents necessary to request dismissal or withdrawal of such claim;
(k)
unless otherwise provided in the Plan or by the Company in its discretion, the Option and the benefits evidenced by
this Agreement do not create any entitlement to have the Option or any such benefits transferred to, or assumed by, another
company nor to be exchanged, cashed out or substituted for, in connection with any corporate transaction affecting the Common
Stock of the Company;
(l)
the Company is not providing any tax, legal or financial advice, nor is the Company making any recommendations
regarding the Optionee’ s participation in the Plan, or the Optionee’ s acquisition or sale of the underlying shares of Common Stock;