Mondelez 2012 Annual Report Download - page 390

4.5 Supplemental Salary Continuation Benefit . If a Participant receives salary continuation payments after his Separation from Service, he
shall be eligible to receive a supplemental salary continuation benefit under the Plan, as of his Benefit Recalculation Date (as described below),
in an amount equal to:
OVER
REDUCED BY
The term “ Benefit Recalculation Date ” means the first day of the month following the one-year anniversary of the Participant’s Separation
from Service. For purposes of this subsection 4.5, any benefits to which a Participant is entitled under Supplement EE of the Retirement Plan
shall be disregarded.
4.6 Supplemental Disability Benefit . If a Participant’s Separation from Service occurs after being Totally Disabled for 29 months in
accordance with subsection 5.8(b) and Treas. Reg. § 1.409A-1(b)(i), he shall be entitled to receive a supplemental disability benefit under the
Plan, as of his Disability Benefit Recalculation Date (as defined below), in an amount equal to:
OVER
11
(a)
the excess, if any, of the lump sum present value, as of the Benefit Recalculation Date, of the benefit the Participant would have been
entitled to receive under the Retirement Plan if such benefit were determined without regard to the IRS Annual Compensation Limit
and without regard to the limitations imposed by section 415 of the Code and taking into account any compensation and service
credited to the Participant with respect to the entire salary continuation period,
(b) the lump sum present value, as of such Benefit Recalculation Date, of the Participant’s Retirement Plan benefit determined by taking
into account any compensation and service credited to the Participant with respect to the entire salary continuation period,
(c) the lump sum present value, as of the Benefit Recalculation Date, of the Participant’s supplemental retirement benefit under
subsection 4.2.
(a) the excess, if any, of the lump sum present value, as of the Disability Benefit Recalculation Date, of the benefit the Participant would
have been entitled to receive under the Retirement Plan if such benefit were determined without regard to the IRS Annual
Compensation Limit and without regard to the limitations imposed by section 415 of the Code and taking into account any service
credited to the Participant under the Retirement Plan after his Benefit Calculation Date while he is Totally Disabled,
(b) the lump sum present value, as of such Disability Benefit Recalculation Date, of the Participant’
s Retirement Plan benefit determined
by taking into account any service credited to the Participant under the Retirement Plan after his Benefit Calculation Date while he is
Totally Disabled,