Mondelez 2012 Annual Report Download - page 152

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The provisions of this Article 1 are intended to be a general introduction to this Agreement and are not intended to expand the scope of the
Parties’ obligations or alter the plain meaning of this Agreement’
s terms and conditions, as set forth hereinafter. However, to the extent the terms
and conditions of this Agreement are unclear or ambiguous, such terms and conditions are to be construed so as to be consistent with the
background and objectives set forth in this Article 1 .
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.
3
(7) Enhance the morale and career opportunities of displaced employees by transitioning Kraft information
technology personnel to positions of opportunity with a first
-
tier provider of information technology services;
(8) Gain access to world class capabilities by contracting with a first tier Supplier that can attract the “best and
brightest
individuals;
(9)
Enhance the ability of Kraft and its affiliated companies to focus on their core businesses;
(10) Provide Kraft with a service structure that will enhance its ability to quickly and effectively adapt to changing
business requirements and changes in the Kraft business environment;
(11) Standardize and reduce complexity in similar processes, taking into account relative advantages of cost and
functionality;
(12) Institutionalize ongoing governance to ensure a new way of working is maintained with continuous
improvement opportunities;
(13) Create the potential for sustainable long-term cost savings due to continuous improvement and reduction or
spreading of fixed costs over a multi
-
year period;
(14)
Enhance Kraft
s ability to manage its business to predictable costs;
(15) Provide a contract structure that will minimize the occurrence of true-ups after the Effective Date that would
result in unplanned changes in the Services, Service performance, pricing or to other costs to Kraft;
(16)
Leverage the Supplier
s scale in the procurement of goods and services associated with the agreement;
(17)
Minimize and/or eliminate Third Party Contract breakage penalties and costs;
(18) Provide the information required to support Kraft’s internal chargeback and support Kraft’s management of
individual services and cost; and
(19)
Obtain access to best practices in the area of information technology business processes and services.
1.3
Interpretation.