Mondelez 2012 Annual Report Download - page 467

The Participant shall indicate on the Initial Election Form:
A Deferral Election submitted on an Initial Election Form shall become effective with respect to a Participant’s Retainer Fee and Meeting Fees
for services performed on and after the first day of the calendar year following the Election Date of such Initial Election Form. In the case of a
newly eligible Participant, however, a Deferral Election may be made no later than 30 days after first becoming eligible for this Plan and any
other plan required to be aggregated with this Plan under Code section 409A and the regulations and other guidance thereunder and shall not be
effective with respect to Compensation to which the Participant becomes entitled as a result of services performed on or before the Election
Date.
A Deferral Election shall remain in effect with respect to all future Compensation until a new Deferral Election made by the Participant on a
Modified Election Form in accordance with Section 2.1.2 or Section 2.1.3 becomes effective.
2.1.2 Change of Deferral Election.
A Participant may change his or her Deferral Election with respect to Compensation for services performed and payable in a subsequent calendar
year by submitting a Modified Election Form to the Secretary of the Company.
A Deferral Election to increase or dercease the amount of future Compensation to be deferred shall become effective on and after the first day of
the calendar year following the Election Date.
2.1.3 Cessation of Deferrals
A Participant may cease to defer future Retainer Fees, Meeting Fees or both in the Deferred Fee Program by submitting a Modified Election
Form to the Secretary of the Company. An election by a Participant to cease deferrals of Retainer Fees, Meeting Fees or both in the Deferred Fee
Program shall become effective with respect to Compensation for services performed on or after the first day of the calendar year following the
Election Date.
4
a.
the percentage of the Retainer Fee that he or she wishes to defer and whether Meeting Fees are to be deferred;
b.
the Distribution Date;
c.
whether distributions are to be in lump sum, in installments or a combination thereof;
d.
the Participant
’
s Beneficiary or Beneficiaries; and
e.
the Subaccounts to which the Deferred Amount is to be allocated.