Mondelez 2012 Annual Report Download - page 138

4.04 Property Taxes
All property taxes imposed on or with respect to the Canadian Snack Assets for the tax year that includes the Closing Date will be the
responsibility of the party on whom such property taxes are imposed or from whom such property taxes are otherwise due under applicable Law.
To the extent that a party is liable for property taxes as set out above, that party will prepare and file all required tax returns incident to those
taxes at its own cost and expense.
4.05 Excise Tax Act; Residency
(1) The Vendor is registered under Part IX of the Excise Tax Act (Canada) with registration numbers RT0001 89950 5945 and QST
1019023768 TQ0001. The Vendor is not a non-resident of Canada within the meaning of section 116 of the Tax Act.
(2) The Purchaser is registered under Part IX of the Excise Tax Act (Canada) with registration numbers RT0001 82426 2687 and QST
1218891752 TQ0001.
ARTICLE 5—EMPLOYEE MATTERS
5.01 Employees and Collective Agreements
(1) Schedule 5.01(1) sets out the names of all employees of the Canadian Snack Business as of the Closing Date (“ Employees ”). No later
than the Closing Date, the Vendor will provide the Purchaser with information regarding terms and conditions of employment of the Employees
in effect as of the Effective Time and such other information which is required by the Purchaser in order to establish, administer and manage the
Purchaser’s employment relationship with Employees as of and following the Effective Time, to be jointly determined by the parties acting
reasonably. The Vendor may, within 15 Business Days following the Closing Date, deliver to the Purchaser an updated version of Schedule 5.01
(1) as may be necessary to correct any errors thereon, any such updated Schedule to be appended to this Agreement in substitution of the then
existing Schedule and the employees listed thereon will be deemed to constitute the Employees.
(2) Schedule 5.01(2) sets out all of the collective agreements (“ Collective Agreements ”) to which the Vendor is a party or by which it is
otherwise bound, either directly or indirectly by operation of Law, with respect to the Canadian Snack Business.
5.02 Offers of Employment
(1) Effective on and after the Effective Time, the Purchaser will employ all of the Employees who are not covered by the Collective
Agreements (“ Non-Union Employees ”) and whose names are listed on Schedule 5.01(1), on the same terms and conditions which are in effect
as of the Effective Time for all hourly paid Non-Union Employees of the Vendor and, to the extent that written offers of employment have been
provided to salaried Non-Union Employees of the Vendor, on the same terms and conditions which are set out in such written offers of
employment with the
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