Mondelez 2012 Annual Report Download - page 438

III. Termination
3.1 This Agreement shall terminate 30 days after all benefits due the Employee are paid from the Mondelēz Supplemental Plans.
3.2 Notwithstanding the above, during the lifetime of the Employee this Agreement may be terminated at any time by Mondelēz upon
providing 30 days written notice to the Employee, or by the Employee upon providing 30 days written notice (or such lesser period as Mondelēz
may prescribe) to Mondelēz. Any such termination shall operate on a prospective basis only and shall not operate to alter the application of the
terms of this Agreement to Funding Payments Funding Payments already paid to the Employee.
IV. Miscellaneous
4.1 Nothing in this Agreement shall be construed to confer upon the Employee the right to continue in the employment of Mondelēz or to
require Mondelēz to continue the employment of the Employee.
4.2 This Agreement shall be binding upon and inure to the benefit of KFGI, Mondelēz, their successors and assigns, the Employee, the
Employee’s Spouse, the Employee’s Plan Beneficiary and their heirs, executors, other successors in interest, administrators and legal
representatives.
4.3 The validity and interpretation of this Agreement shall be governed by the laws of the State of Illinois.
4.4 The Employee’s Plan Beneficiary shall be the person or persons the Employee has designated to receive benefits following the
Employee’s death under any defined contribution portion of a Mondelēz Supplemental Plan or as otherwise provided in Section 1.2(e).
4.5 If no Employee’s Spouse signs this Agreement, the Employee hereby certifies that he or she has no spouse as of the date of this
Agreement.
4.6 It is understood and agreed that all rights and obligations arising out of this Agreement relating to any spouse, Plan Beneficiary or any
other third parties are derived from the rights of the Employee under this Agreement and that all provisions of this Agreement relating to any
such third parties are binding on such third parties the same as if they had expressly agreed thereto in writing.
4.7 This Agreement shall not be construed to enlarge the obligations of any participating employer under the terms of the Mondelēz
Supplemental Plans.
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