Mondelez 2014 Annual Report Download - page 189

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3.4. [Reserved].
11
however, that the maximum value of perquisites provided to a Participant under this provision in any calendar year shall not be increased
or decreased to reflect the value of perquisites provided to such Participant under this provision in a prior or subsequent calendar year. Any
reimbursements to a Participant for costs associated with such continued perquisites shall be made no later than the end of the Participant’
s
second taxable year following the date the Participant incurred such cost. This clause does not apply to personal use of the Company
aircraft to the extent that this perquisite is in effect for any Key Executive immediately prior to the Change in Control.
(f) To the extent not theretofore paid or provided, the Employer shall pay or provide to the Participant, at the time otherwise payable, any
other amounts or benefits accrued as of the Participant’s termination of employment and required to be paid or provided or that the
Participant is eligible to receive under any plan, program, policy or practice or contract or agreement of the Mondel
ē
z Group.
(g)
Notwithstanding the foregoing, if the Participant is a
“specified employee” within the meaning of Section 409A of the Code, then (i) any
payments described in Sections 3.3(a) and (b) that the Company determines constitute the payment of nonqualified deferred compensation,
within the meaning of Section 409A of the Code, shall be delayed and become payable within five days after the six-month anniversary of
the Participant’s termination of employment and (ii) any benefits provided under Sections 3.3(c) and (e) that the Company determines
constitute the payment of nonqualified deferred compensation, within the meaning of Section 409A of the Code, shall be provided at the
Participant’s sole cost during the six-month period after the date of the Participant’s termination of employment, and within five days after
the expiration of such period the Company shall reimburse the Participant for the portion of such costs payable by the Company pursuant
to Sections 3.3(c) and (e) hereof.
(h) For all purposes under the applicable Company non-qualified defined benefit pension plan, the Company shall credit the Participant with
two (or in the case of a Participant who served as Chairman and/or Chief Executive Officer immediately prior to the Change in Control,
three) additional years of service and shall add two (or in the case of a Participant who served as Chairman and/or Chief Executive Officer
immediately prior to the Change in Control, three) years to the Participant
’
s age.