Mondelez 2012 Annual Report Download - page 489

SECTION 7. VESTING
A Participant shall be fully vested at all times in his Compensation Deferral Account. A Participant shall be vested in his Employer
Contributions in accordance with the vesting schedule elected by the Employer under the Adoption Agreement. Vesting Years of Service shall
be determined in accordance with the election made by the Employer in the Adoption Agreement. Amounts in a Participant’s Accounts that are
not vested upon the Participant’s Termination Date (“forfeitures”) shall be used to reinstate amounts previously forfeited by other Participants
who are subsequently rehired, or shall be returned to the Employer, in the discretion of the Employer or the Administrator.
If a Participant has a Termination Date with the Employer as a result of the Participant’s Misconduct (as defined by the Employer in the
Adoption Agreement), or if the Participant engages in Competition with the Employer (as defined by the Employer in the Adoption Agreement),
and the Employer has so elected in the Adoption Agreement, the Participant shall forfeit all amounts allocated to his or her Employer
Contribution Accounts (if applicable) regardless of whether the Participant was vested in the amounts being forfeited, the Administrator shall
determine whether a Participant has been terminated as a result of Misconduct or has engaged in Competition, at the Administrator’s sole
discretion. Such forfeitures shall be returned to the Employer.
Neither the Administrator nor the Employer guarantee the Participant’s Account balance from loss or depreciation. Notwithstanding any
provision of the Plan to the contrary, the Participant’s Account balance is subject to Section 8.
Vesting Years of Service in the event of the rehire of a Participant shall be reinstated, and amounts previously forfeited by such
Participants shall be reinstated from forfeitures made by other Participants, or shall be reinstated by the Employer.
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