Mondelez 2012 Annual Report Download - page 412

2.2 Plan Not Contract of Employment . The Plan does not constitute a contract of employment, and participation in the Plan will not give
any employee the right to be retained in the employ of any Employer or any right or claim to any benefit under the Plan, unless such right or
claim has specifically accrued under the terms of the Plan.
2.3 Continued Participation
. Once an eligible employee becomes a Participant in the Plan, he shall remain a Participant for so long as he is
entitled to a benefit under the Plan.
SECTION 3
Supplemental Thrift Plan Benefits
3.1 Eligibility for Supplemental Thrift Plan Benefits . Subject to the conditions and limitations of the Plan, each Transferred Employee or
Former Cadbury Employee who was a Participant in Section 3 of the Kraft Plan (as defined therein) immediately prior to the Spin Date will
continue to be a Participant in this Mondelēz Global Plan under this Section 3 on and after that date, and each other employee of an Employer
who was not such a Participant immediately prior to the Spin Date will be eligible to participate in the Plan under this Section 3 on the first day
on which nonqualified compensation deferrals are credited to his account under the Mondelēz Executive Deferred Compensation Plan (“
MEDCP ”) with respect to compensation that would have been Eligible Compensation under the Mondelēz Global LLC Thrift Plan (the “
Thrift
Plan ”) had such compensation not been deferred under the MEDCP.
3.2 Accounts . The Committee shall maintain a bookkeeping “ Account ” in the name of each Participant under this Section 3 to reflect
such Participant’s supplemental Thrift Plan benefits under the Plan. Each Participant’s Account shall be credited with the following amounts:
Each Participant’s Account shall be charged with any payments made in accordance with Section 5 below.
4
(a)
the amount of any matching contribution credits to be credited to the Participant
’
s Account in accordance with subsection 3.3;
(b) the amount of any supplemental basic contribution credits to be credited to the Participant’s Account in accordance with subsection
3.4;
(c)
the amount of any Earnings Equivalents to be credited to the Participant
’
s Account in accordance with subsection 3.5;
(d) the amount of any Discretionary Employer Contributions to be credited to the Participant’s Account in accordance with subsection
3.6; and
(e) in the case of a Transferred Employee or Former Cadbury Employee, the amounts credited to such Participant’s Account under the
Kraft Plan (as defined therein) immediately prior to the Spin Date.