Mondelez 2012 Annual Report Download - page 151

MASTER PROFESSIONAL SERVICES AGREEMENT
This Master Professional Services Agreement (this “ MPSA ”) is entered into effective April 27, 2006 (the “ Effective Date ”) by and between
Kraft Foods Group, Inc. (formerly, Kraft Foods Global, Inc.), having a principal place of business at Three Lakes Drive, Northfield, Illinois
60093 (“ Kraft ”), and HP Enterprise Services, L.L.C. a Delaware limited liability company, having a place of business at 5400 Legacy Drive,
Plano, Texas 75024 ( “ Supplier ”).
WHEREAS, Kraft and Supplier have engaged in extensive negotiations, discussions and due diligence that have culminated in the formation of
the contractual relationship described in this Agreement; and
WHEREAS, Kraft desires to procure from Supplier, and Supplier desires to provide to Kraft and the Eligible Recipients, the information
technology and other products and services described in this Agreement, on the terms and conditions specified herein;
NOW THEREFORE, in consideration of the mutual promises and covenants contained herein, and of other good and valid consideration, the
receipt and sufficiency of which is hereby acknowledged, Kraft and Supplier (collectively, the “ Parties ” and each, a “ Party ”) hereby agree as
follows:
Kraft desires that certain information technology and other functions and services presently performed and managed by or for Kraft and the
Eligible Recipients, as each is described in this Agreement, be performed and managed by Supplier. Supplier has carefully reviewed Kraft’s
requirements, has performed all due diligence it deems necessary, and desires to perform and manage such information technology and other
business processes and services for Kraft and the Eligible Recipients.
The Parties acknowledge and agree that the specific goals and objectives of the Parties in entering into this Agreement are to:
CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR PORTIONS OF THIS EXHIBIT. THE COPY FILED HEREWITH OMITS
THE INFORMATION SUBJECT TO A CONFIDENTIALITY REQUEST. OMISSIONS ARE DESIGNATED [ * * * ]. A COMPLETE
VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
2
1.
BACKGROUND AND OBJECTIVES
1.1
Performance and Management by Supplier.
1.2
Goals and Objectives.
(1) Reduce Kraft infrastructure capital and operating expenses, both initially and over the Term of this Agreement,
in accordance with this Agreement;
(2)
Utilize enabling technologies to add value to Kraft
’
s business processes;
(3)
Continue to deliver year
-
on
-
year cost reductions;
(4)
Design new capabilities and innovations to enable growth;
(5)
Implement common processes and move toward an integrated enterprise
-
wide reporting system across Kraft;
(6) Provide committed levels of service quality that are consistent and harmonized across differentiating or core
processes;