Mondelez 2012 Annual Report Download - page 436

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(e)
Notwithstanding any provisions of the Mondel
ēz Supplemental Plans or of any agreement with KFGI, or Mondelēz made
prior to the date of this Agreement to the contrary, the Employee will not be entitled to designate any beneficiary to receive
benefits under the Mondelēz Supplemental Plans following the death of the Employee other than the surviving spouse of the
Employee, except that (i) the Employee, whether or not married, may designate a Beneficiary to receive his or her benefits
attributable to any portion of a Mondelēz Supplemental Plan which provides a profit-sharing, thrift or other defined
contribution benefit if the provisions of that plan allow such a designation (any such beneficiary being referred to herein as a
“Plan Beneficiary”) and (ii) certain persons may become entitled to benefits under the Supplemental Plans by reason of a
domestic relations or other order binding on the Mondelē
z Supplemental Plans. If any domestic relations or other order issued
on or after the date of this Agreement requires payment of benefits under the Supplemental Plans to a person by virtue of such
person having been the Employee’
s spouse or to any dependent of such person, the person to whom such benefits are required
to be paid shall also be a Plan Beneficiary within the meaning of this subsection (e). Furthermore, if a person who is an
Employee’s Spouse under this subsection (e) ceases to be legally married to the Employee, he or she shall cease to be the
Employee’s Spouse hereunder and shall cease to have any right to benefits under the Mondelēz Supplemental Plans, other
than any rights as a designated Plan Beneficiary under the defined contribution portion of a Mondelēz Supplemental Plan or
by reason of a domestic relations order as provided above.
(f) If the Employee becomes disabled and, as a result, becomes entitled to long-term disability benefits that on the Employee’s
attaining a prescribed age are reduced by amounts paid as an annuity under the Mondelēz Supplemental Plans, then the
reduction in such long-term disability benefits shall be computed by taking into account the annuity value of the pre-tax
equivalent of the Offset Amount, as well as the annuity value of any remaining amounts payable under the Mondelēz
Supplemental Plan after reduction by the Offset Amount, using the actuarial assumptions employed at the attainment of such
prescribed age under the relevant Mondelēz Supplemental Plan to convert between single sum amounts and their annuity
value equivalents.
(g) If there is outstanding at the date of this Agreement any domestic relations or other court order requiring KFGI or Mondelēz
to make payment of assets under any Assumed Grantor Trust to a former spouse or dependent of the Employee, the payee of
such assets shall not be an Employee
’
s Spouse or Plan Beneficiary under this Agreement and such benefits shall