Mondelez 2014 Annual Report Download - page 151

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23. Waiver
. The Optionee acknowledges that a waiver by the Company of a breach of any provision of this Agreement shall not operate or
be construed as a waiver of any other provision of this Agreement or of any subsequent breach by the Optionee or any other participant of the
Plan.
24. Conformity to Securities Laws . The Optionee acknowledges that the Award Statement, the Plan and this Agreement are intended to
conform to the extent necessary with all provisions of the Securities Act and the Exchange Act, and any and all regulations and rules
promulgated thereunder by the Commission, including, without limitation, Rule 16b-
3 under the Exchange Act. Notwithstanding anything herein
to the contrary, the Award Statement, the Plan and this Agreement shall be administered, and the Option is granted, only in such a manner as to
conform to such laws, rules and regulations. To the extent permitted by applicable law, the Award Statement, the Plan and this Agreement shall
be deemed amended to the extent necessary to conform to such laws, rules and regulations.
9