Mondelez 2012 Annual Report Download - page 469

2.2.4 New Investment Directions
A Participant may make a new investment direction with respect to his or her Deferred Amount only by submitting a Modified Election Form to
the Secretary of the Company. A new investment direction shall become effective with respect to any Subaccount on the first day of the calendar
month following the Election Date of such Modified Election Form.
2.2.5 Investment Transfers
A Participant (or Beneficiary after the death of the Participant) may transfer to one or more different Subaccounts all or a part (in integral
multiples of one percent (1%)) of the amounts credited to a Subaccount by submitting a Transfer Form to the Secretary of the Company.
Any transfer of amounts among Subaccounts shall become effective on the first day of the calendar month following the Transfer Election Date.
2.3 Distributions
2.3.1 Distribution Elections
Each Participant shall designate on his or her Initial Election Form or, if applicable, Modified Election Form, one of the following dates as a
Distribution Date with respect to amounts credited to his or her Deferred Fee Account thereafter:
A Distribution Date election shall be effective only with respect to Compensation paid for services performed on and after the Election Date and
subsequent earnings credited with respect to such amounts. Any election by a Participant for his or her Account to be paid upon his or her
separation from service shall be applied in accordance with Internal Revenue Code section 409A. No separation from service shall be deemed to
occur until the Director ceases to serve on any and all of the Board of Directors of the Company and the board of directors of any other company
with respect to which his service as a director began while such other company was a subsidiary of the Company.
A Participant may request on his or her Election Form that distributions from his or her Account be made in (i) a lump sum, (ii) no more than
one-hundred eighty (180) monthly, sixty (60) quarterly or fifteen (15) annual installments or (iii) a combination of (i) and (ii). Each installment
shall be determined by dividing the Account balance by the number of remaining installments. If a Participant receives a distribution from a
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a. the fifteenth day of the calendar month following the Participant’s separation from service, including by reason of Disability or
death;
b. the fifteenth day of the earlier of (i) a calendar month specified by the Participant which is at least six months after the Election Date
or (ii) the calendar month following the Participant
’
s separation from service, including by reason of Disability or death.