Mondelez 2013 Annual Report Download - page 238

14. Compliance With Law . Notwithstanding any other provision of the Plan or this Agreement, unless there is an available
exemption from any registration, qualification or other legal requirement applicable to the shares of Common Stock, the Company shall not be
required to deliver any Option Shares issuable upon exercise of the Option prior to the completion of any registration or qualification of the
Option Shares under any local, state, federal or foreign securities or exchange control law or under rulings or regulations of the Commission or
of any other governmental regulatory body, or prior to obtaining any approval or other clearance from any local, state, federal or foreign
governmental agency, which registration, qualification or approval the Company shall, in its absolute discretion, deem necessary or advisable.
The Optionee understands that the Company is under no obligation to register or qualify the Option Shares with the Commission or any state or
foreign securities commission or to seek approval or clearance from any governmental authority for the issuance or sale of the shares. Further,
the Optionee agrees that the Company shall have unilateral authority to amend the Plan and the Agreement without the Optionee’
s consent to the
extent necessary to comply with securities or other laws applicable to the issuance of shares of Common Stock.
15. Notices . Any notice required or permitted hereunder shall be (i) given in writing and shall be deemed effectively given upon
personal delivery, upon deposit for delivery by an internationally recognized express mail courier service or upon deposit in the United States
mail by certified mail (if the parties are within the United States), with postage and fees prepaid, addressed to the other party at its address as
shown in these instruments, or to such other address as such party may designate in writing from time to time to the other party or (ii) delivered
electronically through the Company’
s electronic mail system and shall be deemed effectively given upon such delivery. Any documents required
to be given or delivered to the Optionee related to current or future participation in the Plan may also be delivered though electronic means as
described in Section 16 below.
16. Electronic Delivery and Acceptance
. The Company may, in its sole discretion, decide to deliver any documents related to current
or future participation in the Plan by electronic means or to request the Optionee’s consent to participate in the Plan by electronic means. The
Optionee hereby consents to receive such documents by electronic delivery and, if requested, agrees to participate in the Plan through an on-line
or electronic system established and maintained by the Company or a third party designated by the Company.
17. Agreement Severable . The provisions of this Agreement are severable and if any one or more provisions are determined to be
illegal or otherwise unenforceable, in whole or in part, the remaining provisions shall nevertheless be binding and enforceable.
18. Headings . Headings of paragraphs and sections used in this Agreement are for convenience only and are not part of this
Agreement, and must not be used in construing it.
19. Imposition of Other Requirements . The Company reserves the right to impose other requirements on the Optionee’
s participation
in the Plan, on the Option, and on any shares of Common Stock acquired under the Plan, to the extent the Company determines it is necessary or
advisable for legal or administrative reasons, and to require the Optionee to sign any additional agreements or undertakings that may be
necessary to accomplish the foregoing.
20. Insider Trading/Market Abuse Laws . The Optionee acknowledges that if he or she relocates to one of the countries included in
Appendix A to the Company’s Non-Qualified Non-U.S. Stock Option Award Agreement, depending on the country, the Optionee may become
subject to insider trading and/or market abuse laws, which may affect the Optionee’
s ability to acquire or sell shares of Common Stock under the
Plan during such times as the Optionee is considered to have “inside information” (as defined by
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