Mondelez 2014 Annual Report Download - page 194

based, and describe any additional material or information that is necessary. Such notice shall, in addition, inform the claimant what procedure
the claimant should follow to take advantage of the review procedures set forth below in the event the claimant desires to contest the denial of
the claim. The claimant may within 90 days thereafter submit in writing to the Plan Administrator a notice that the claimant contests the denial of
his or her claim by the Company and desires a further review. The Plan Administrator shall within 60 days thereafter review the claim and
authorize the claimant to appear personally and review the pertinent documents and submit issues and comments relating to the claim to the
persons responsible for making the determination on behalf of the Plan Administrator. The Plan Administrator will render its final decision with
specific reasons therefor in writing and will transmit it to the claimant within 60 days of the written request for review, unless the Plan
Administrator determines additional time, not exceeding 60 days, is needed, and so notifies the claimant during the initial 60-day period. If the
Plan Administrator fails to respond to a claim filed in accordance with the foregoing within 60 days or any such extended period, the Plan
Administrator shall be deemed to have denied the claim. The Committee may revise the foregoing procedures as it determines necessary to
comply with changes in the applicable U.S. Department of Labor regulations.
6.8. Unfunded Plan Status . This Plan is unfunded and is intended to qualify as a severance pay plan within the meaning of Labor Department
Regulations Section 2510.3-2(b). All payments pursuant to the Plan shall be made from the general funds of the Employer and no special or
separate fund shall be established or other segregation of assets made to assure payment. No Participant or other person shall have under any
circumstances any interest in any particular property or assets of the Mondelē
z Group as a result of participating in the Plan. Notwithstanding the
foregoing, the Committee may authorize the creation of trusts or other arrangements to assist in accumulating funds to meet the obligations
created under the Plan; provided, however, that, unless the Committee otherwise determines, the existence of such trusts or other arrangements is
consistent with the “unfunded” status of the Plan.
6.9. Reliance on Adoption of Plan . Subject to Section 5.2, each person who shall become a Key Executive shall be deemed to have served and
continue to serve in such capacity in reliance upon the Change in Control provisions contained in this Plan.
6.10. Plan Supersedes Prior U.S. Arrangements . For the period of two years following the occurrence of a Change in Control, the provisions of
this Plan shall supersede, with respect to U.S. Participants, any and all plans, programs, policies and arrangements of the Mondelēz Group
providing severance benefits.
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