Mondelez 2012 Annual Report Download - page 432

Exhibit 10.12
AMENDED AND RESTATED
CASH ENROLLMENT AGREEMENT
This agreement (“Agreement”) made the day of , 20 , between (the “Employee”), the person, if any, to whom the
Employee is legally married (the “Employee’s Spouse”), and Mondelēz Global LLC (“Mondelēz”) is effective as of the Effective Date (as
defined below). This Agreement provides for payments to or on behalf of the Employee, to be made by Mondelē
z, in discharge of the obligations
of Kraft Foods Group, Inc. (formerly known as Kraft Foods Global, Inc.) or its affiliates (together, “KFGI”) under the Mondelēz Supplemental
Plans (defined below) to the extent specified herein.
Introduction
KFGI previously established and maintained the Kraft Foods Group, Inc. Supplemental Benefits Plan I (formerly known as the Kraft Foods
Global, Inc. Supplemental Benefits Plan I) and the Kraft Foods Group, Inc. Supplemental Benefits Plan II (formerly known as the Kraft Foods
Global, Inc. Supplemental Benefits Plan II (“KFGI Supplemental Plans”) to be known as the Mondelēz Global LLC Supplemental Benefits Plan
I and the Mondelēz Global LLC Supplemental Benefits Plan II (such plans, as modified where relevant by the application of the provisions of
this Agreement, the Prior Enrollment Agreement or the Original Enrollment Agreement (as defined below), being hereinafter referred to as the
“Mondelēz Supplemental Plans”).
The Employee and the Employee’s Spouse previously entered into one or more Cash Enrollment Agreements with KFGI and with Altria
Group, Inc. (“Altria”) and various affiliates of Altria (the most recent of which is hereinafter referred to as the “Prior Enrollment Agreement”
and its predecessor hereinafter referred to as the “Original Enrollment Agreement”) providing for payments to the Employee by KFGI in
discharge of its obligations under the KFGI Supplemental Plans. In connection with Altria’s spin-off of KFGI, the parties acknowledged that the
Original Enrollment Agreement only applied to those benefits accrued under the Altria Plans and the Prior Enrollment Agreement only applied
to those benefits accrued under the KFGI Supplemental Plans.
Kraft Foods Inc. (“KFI”), parent company to KFGI has announced that it intends to distribute to its shareholders all shares of Kraft Foods
Group, Inc. The date that the shares of Kraft Foods Group, Inc. are distributed to shareholders of KFI (the “Spin Date” and also the “Effective
Date” of this Agreement), KFI will change its name to Mondelēz International, Inc. Mondelēz, a subsidiary of Mondelēz International, Inc., will
sponsor each employee benefit plan for U.S. employees of Mondelēz and its affiliates.
-
1
-