Mondelez 2012 Annual Report Download - page 488

SECTION 6. ACCOUNTING
6.1 Individual Accounts
Bookkeeping Accounts shall be maintained under the Plan in the name of each Participant, as applicable, along with any subaccounts
under such Accounts deemed necessary or advisable from time to time, including a subaccount for each Plan Year that a Participant’s Deferral
Election is in effect. Each such subaccount shall reflect the amount of the Participant’s Deferral during that year, any Employer Contributions
credited during that year, and the notional gains, losses, expenses, appreciation and depreciation attributable thereto.
Rules and procedures may be established by the Administrator relating to the maintenance, adjustment, and liquidation of Participants’
Accounts, the crediting of deferrals and contributions and the notional gains, losses, expenses, appreciation, and depreciation attributable thereto,
as are considered necessary or advisable.
6.2 Adjustment of Accounts
Pursuant to rules established by the Employer, Participants’ Accounts will be adjusted on each Valuation Date, except as provided in
Section 9, to reflect the notional value of the various Investment Funds as of such date, including adjustments to reflect any deferrals and
contributions, notional transfers between Investment Funds, and notional gains, losses, expenses, appreciation, or depreciation with respect to
such Accounts since the previous Valuation Date. The “value” of an Investment Fund at any Valuation Date may be based on the fair market
value of the Investment Fund, as determined by the Administrator in its sole discretion.
6.3 Accounting Methods
The accounting methods or formulae to be used under the Plan for purposes of monitoring Participants’
Accounts, including the calculation
and crediting of notional gains, losses, expenses, appreciation, or depreciation, shall be determined by the Administrator in its sole discretion.
The accounting methods or formulae selected by the Administrator may be revised from time to time.
6.4 Statement of Account
At such times and in such manner as determined by the Administrator, but at least annually, each Participant will be furnished with a
statement reflecting the condition of his Accounts.
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