Mondelez 2012 Annual Report Download - page 424

5.12 Committee Discretion to Accelerate . The Committee may accelerate the date of distribution of any grandfathered amount payable
under the Plan to or on behalf of any Participant to the extent that the Committee determines that such acceleration is in the best interests of the
Employers because of changes in tax laws or accounting principles, Department of Labor regulations, or any other reason which negates or
diminishes the continued value of the Plan to any Employer or Participant. The amount distributed pursuant to this subsection 5.12 will be paid
in the form of a lump sum.
5.13 Applicability of Qualified Plan Provisions . Except as otherwise expressly provided to the contrary, all of the provisions, conditions
and requirements set forth in the Thrift Plan or the Retirement Plan with respect to eligibility for benefits shall apply equally to benefits under
Section 3 and Section 4, respectively, of the Plan. Whenever a Participant’s rights under the Plan are to be determined, appropriate reference
shall be made to the Thrift Plan or the Retirement Plan, as applicable. Actuarial equivalence for purposes of the Plan shall be determined in a
manner consistent with the provisions of the Retirement Plan relating to actuarial equivalence.
SECTION 6
Administration
6.1 Committee Membership and Authority . For purposes of the Plan, the “ Committee ” shall mean the Company’s Administrative
Committee. Except as otherwise specifically provided in this Section 6, the Committee shall act by a majority of its then members, by meeting or
by writing filed without meeting, and shall have the following discretionary authority, powers, rights and duties in addition to those vested in it
elsewhere in the Plan:
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(a) to adopt and apply in a uniform and nondiscriminatory manner to all persons similarly situated, such rules of procedure and
regulations as, in its opinion, may be necessary for the proper and efficient administration of the Plan and as are consistent with the
provisions of the Plan;
(b)
to enforce the Plan in accordance with its terms and with such applicable rules and regulations as may be adopted by the Committee;
(c) to determine conclusively all questions arising under the Plan, including the discretionary power and authority to interpret and
construe the terms of the Plan, to determine the eligibility of employees and the rights of Participants and other persons entitled to
benefits under the Plan and their respective benefits, to make factual findings and to remedy ambiguities, inconsistencies or
omissions of whatever kind;
(d) to maintain and keep adequate records concerning the Plan and concerning its proceedings and acts in such form and detail as the
Committee may decide;