Document:

Form of Director Restricted Stock Units Agreement

 Exhibit 10.36 
 Directors Form  
 (One Year Cliff Vesting) 
 [MEAD JOHNSON LETTERHEAD] 
 MEAD JOHNSON NUTRITION COMPANY 
 RESTRICTED STOCK UNITS AGREEMENT 
 UNDER
THE MEAD JOHNSON NUTRITION COMPANY  
 2009 STOCK AWARD AND INCENTIVE PLAN 
 MEAD JOHNSON NUTRITION COMPANY, a Delaware corporation (the “Company”), has granted to you the Restricted Stock Units (“RSUs”)
specified in the summary of your grant that is found on the Smith Barney website (the “Grant Summary”). The Grant Summary is incorporated into this Restricted Stock Units Agreement (the “Agreement”) and deemed to be a part
hereof. The RSUs have been granted to you under Section 6(e) of the Mead Johnson Nutrition Company 2009 Stock Award and Incentive Plan (the “Plan”), on the terms and conditions specified in the Grant Summary and this Agreement.
Capitalized terms not defined herein shall have the meanings assigned to such terms in the Plan. 
  

	1.	RESTRICTED STOCK UNITS AWARD 

 The Compensation
Committee of the Board of Directors of Mead Johnson Nutrition Company (the “Committee”) has granted to you on the Award Date specified in the Grant Summary an Award of RSUs, as designated herein, subject to the terms, conditions, and
restrictions set forth in this Agreement and the Plan. Each RSU shall represent the conditional right to receive, upon settlement of the RSU, one share of Mead Johnson Nutrition Company common stock (“Common Stock”). RSUs include the right
to receive Dividend Equivalents as specified in Section 3. The purpose of such Award is to motivate and retain you as an independent director of the Company, to encourage you to continue to give your best efforts for the Company’s future
success, and to increase your proprietary interest in the Company. Except as may be required by law, you are not required to make any payment or provide any consideration other than the rendering of future services to the Company. 
  

	2.	VESTING, FORFEITURES, AND SETTLEMENT 

 Vesting of
the RSUs is conditioned upon you remaining in continuous service on the Board of Directors of the Company following the Award Date until the vesting date, subject to the provisions of this Section 2. Assuming satisfaction of such service
conditions, 100% of the RSUs shall vest on the first anniversary of the Award Date (the “Vesting Period”), if you remain on the Company’s Board of Directors, subject to the provisions of this Section 2. 
 (a) Nontransferability. During the Vesting Period and any further period prior to settlement of your RSUs, you may not sell, transfer, pledge or
assign any of the RSUs or your rights relating thereto. 

 (b) Time of Settlement. RSUs shall be settled promptly upon expiration of the Vesting Period
without forfeiture of the RSUs (i.e., upon vesting) by delivery of one share of Common Stock for each RSU being settled. Settlement of RSUs which directly or indirectly result from non-cash Dividend Equivalents on RSUs or adjustments to RSUs shall
occur at the time of settlement of the granted RSU. Until shares are delivered to you in settlement of RSUs, you shall have none of the rights of a stockholder of the Company with respect to the shares issuable in settlement of the RSUs, including
the right to vote the shares or receive actual dividends or other distributions on the underlying shares of Common Stock. (You are entitled to Dividend Equivalents, however.) Shares of stock issuable in settlement of RSUs shall be delivered to you
upon settlement in certificated form or in such other manner as the Company may reasonably determine. 
 (c) Death. In the event of
your death prior to the delivery of shares in settlement of your vested RSUs, shares in settlement of your RSUs shall be delivered to your estate upon presentation to the Committee of letters testamentary or other documentation satisfactory to the
Committee, and your estate shall succeed to any other rights provided hereunder in the event of your death. 
 (d) Other Terms.

  

	 	(i)	You may, at any time prior to the expiration of the Vesting Period, waive all rights with respect to all or some of the RSUs by delivering to the Company a written notice of such
waiver. 

  

	 	(ii)	Upon any termination of your service on the Board, you shall forfeit any RSUs as to which the Vesting Period has not expired at or before such termination. Other provisions of this
Agreement notwithstanding, in no event will an RSU that has been forfeited thereafter vest or be settled. 

  

	3.	DIVIDEND EQUIVALENTS AND ADJUSTMENTS 

 (a) Dividend
Equivalents shall be paid or credited on RSUs (other than RSUs that, at the relevant record date, previously have been settled or forfeited) as follows, except that the Committee may specify an alternative treatment from that specified in (i), (ii),
or (iii) below for any dividend or distribution: 
  

	 	(i)	Cash Dividends. If the Company declares and pays a dividend or distribution on Common Stock in the form of cash, then a cash amount shall be paid to you as of the payment
date for such dividend or distribution equal to the number of RSUs credited to you as of the record date for such dividend or distribution multiplied by the amount of cash actually paid as a dividend or distribution on each outstanding share of
Common Stock at such payment date. 

  

	 	(ii)	 Non-Share Dividends. If the Company declares and pays a dividend or distribution on Common Stock in the form of property other than shares, then a number of
additional RSUs shall be credited to you as of the payment date for such dividend or distribution equal to the number of RSUs credited to you as of the record date for such dividend or 

  

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distribution multiplied by the Fair Market Value of such property actually paid as a dividend or distribution on each outstanding share of Common Stock at
such payment date, divided by the Fair Market Value of a share at such payment date. 

  

	 	(iii)	Common Stock Dividends and Splits. If the Company declares and pays a dividend or distribution on Common Stock in the form of additional shares, or there occurs a forward
split of Common Stock, then a number of additional RSUs shall be credited to you as of the payment date for such dividend or distribution or forward split equal to the number of RSUs credited to you as of the record date for such dividend or
distribution or split multiplied by the number of additional shares actually paid as a dividend or distribution or issued in such split in respect of each outstanding share of Common Stock. 

 (b) The number of your RSUs and other related terms shall be appropriately adjusted, in order to prevent dilution or enlargement of your rights with
respect to RSUs, to reflect any changes in the outstanding shares of Common Stock resulting from any event referred to in Section 11(c) of the Plan or any other “equity restructuring” as defined in FAS 123R, taking into account any
RSUs credited to you in connection with such event under Section 3(a). 
  

	4.	RIGHT TO CONTINUED SERVICE 

 Nothing in the Plan or
this Agreement shall confer on you any right to continue in service on the Board of Directors. 
  

	5.	ADMINISTRATION; UNFUNDED OBLIGATIONS 

 The Committee
shall have full authority and discretion, subject only to the express terms of the Plan, to decide all matters relating to the administration and interpretation of the Plan and this Agreement, and all such Committee determinations shall be final,
conclusive, and binding upon the Company, you, and all interested parties. Any provision for distribution in settlement of your RSUs and other obligations hereunder shall be by means of bookkeeping entries on the books of the Company and shall not
create in you or any beneficiary any right to, or claim against, any specific assets of the Company, nor result in the creation of any trust or escrow account for you or any beneficiary. You and any of your beneficiaries entitled to any settlement
or distribution hereunder shall be a general creditor of the Company. 
  

	6.	AMENDMENT 

 This Agreement shall be subject to the
terms of the Plan, as amended from time to time, except that the Award which is the subject of this Agreement may not be materially adversely affected by any amendment or termination of the Plan approved after the Award Date without your written
consent. 
  

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	7.	SEVERABILITY AND VALIDITY 

 The various provisions
of this Agreement are severable, and any determination of invalidity or unenforceability of any one provision shall have no effect on the remaining provisions. 
  

	8.	GOVERNING LAW 

 This Agreement shall be governed by
the substantive laws (but not the choice of law rules) of the State of Delaware. 
  

	9.	SUCCESSORS 

 This Agreement shall be binding upon
and inure to the benefit of the successors, assigns, and heirs of the respective parties. 
  

	10.	DATA PRIVACY 

 By entering into this agreement, you
(i) authorize the Company, and any agent of the Company administering the Plan or providing Plan recordkeeping services, to disclose to the Company or any Affiliate or Subsidiary such information and data as the Company or any such Affiliate or
Subsidiary shall request in order to facilitate the grant of RSUs and the administration of the Plan; (ii) waive any data privacy rights you may have with respect to such information; and (iii) authorize the Company to store and transmit
such information in electronic form. 
  

	11.	ENTIRE AGREEMENT AND NO ORAL MODIFICATION OR WAIVER 

 This Agreement contains the entire understanding of the parties. This Agreement shall not be modified or amended except in writing duly signed by the parties, except that the Company may adopt a modification or amendment to the Agreement
that is not materially adverse to you in writing signed only by the Company. Any waiver of any right or failure to perform under this Agreement shall be in writing signed by the party granting the waiver and shall not be deemed a waiver of any
subsequent failure to perform. 
  

			
	Mead Johnson Nutrition Company
		
	By:	 	  

		 	[                    ]

 I have read this Agreement in its entirety. I understand that this Award has been granted to
provide a means for me to acquire and/or expand an ownership position in Mead Johnson Nutrition Company, and it is expected that I will retain the stock I receive upon the vesting of this Award consistent with the Company’s Share Retention
Policy. I acknowledge and agree that sales of shares will be subject to the Company’s policy regulating trading by directors. In accepting this Award, I hereby agree that Smith Barney, or such other vendor as the Company may choose to
administer the Plan, may provide the Company with any and all account information necessary to monitor my compliance with the Company’s Share Retention Policy and other applicable policies. 
  

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 I hereby agree to all the terms, restrictions and conditions set forth in the Agreement. 
  

 5Form of Employee Restricted Stock Units Agreement

 Exhibit 10.37 
  

			
	Employee Form	  	
	(Five Year Vesting Schedule)	  	

 [MEAD JOHNSON LETTERHEAD] 
 RESTRICTED STOCK UNITS AGREEMENT 
 UNDER THE MEAD JOHNSON NUTRITION COMPANY

 2009 STOCK AWARD AND INCENTIVE PLAN 
 MEAD JOHNSON NUTRITION COMPANY, a Delaware corporation (the “Company”), has granted to you the Restricted Stock Units (“RSUs”) specified in the summary of your grant that is found on the Smith Barney website (the
“Grant Summary”). The Grant Summary is incorporated into this Restricted Stock Units Agreement (the “Agreement”) and deemed to be a part hereof. The RSUs have been granted to you under Section 6(e) of the Mead Johnson
Nutrition Company 2009 Stock Award and Incentive Plan (the “Plan”), on the terms and conditions specified in the Grant Summary and this Agreement. Capitalized terms not defined herein shall have the meanings assigned to such terms
in the Plan. 
  

	1.	RESTRICTED STOCK UNITS AWARD 

 The Compensation
Committee of the Board of Directors of Mead Johnson Nutrition Company (the “Committee”) has granted to you on the Award Date specified in the Grant Summary an Award of RSUs, as designated herein, subject to the terms, conditions, and
restrictions set forth in this Agreement and the Plan. Each RSU shall represent the conditional right to receive, upon settlement of the RSU, one share of Mead Johnson Nutrition Company common stock (“Common Stock”) (subject to any tax
withholding as described in Section 4). RSUs include the right to receive Dividend Equivalents as specified in Section 5. The purpose of such Award is to motivate and retain you as an employee of the Company or an Affiliate or Subsidiary,
to encourage you to continue to give your best efforts for the Company’s future success, and to increase your proprietary interest in the Company. Except as may be required by law, you are not required to make any payment (other than payments
for taxes pursuant to Section 4 hereof) or provide any consideration other than the rendering of future services to the Company or an Affiliate or Subsidiary. 
  

	2.	RESTRICTIONS, FORFEITURES, AND SETTLEMENT 

 Except
as otherwise provided in this Section 2, RSUs shall be subject to the restrictions and conditions set forth herein during the Restricted Period (as defined in Section 3(c) below). Vesting of the RSUs is conditioned upon you remaining
continuously employed by the Company or an Affiliate or Subsidiary following the Award Date until the relevant vesting date, subject to the provisions of this Section 2. Assuming satisfaction of such employment conditions, the RSUs will become
vested and nonforfeitable as follows: one-third on the third anniversary of the Award Date; an additional one-third on the fourth anniversary of the Award Date and the final one-third on the fifth anniversary of the Award Date. In the event you
attain age 65 while still an employee of the Company or an Affiliate or Subsidiary, all unvested RSUs held by you at least one year from the Award Date will become vested and non-forfeitable, and thereafter, so long as you remain an employee of the
Company or an Affiliate or Subsidiary after attaining age 65, all other RSUs will become 100% vested one year from the Award Date. 

 (a) Nontransferability. During the Restricted Period and any further period prior to settlement of
your RSUs, you may not sell, transfer, pledge or assign any of the RSUs or your rights relating thereto. 
 (b) Time of Settlement.
RSUs shall be settled promptly upon expiration of the Restricted Period without forfeiture of the RSUs (i.e., upon vesting) by delivery of one share of Common Stock for each RSU being settled. Settlement of RSUs which directly or indirectly result
from non-cash Dividend Equivalents on RSUs or adjustments to RSUs shall occur at the time of settlement of the granted RSU. Until shares are delivered to you in settlement of RSUs, you shall have none of the rights of a stockholder of the Company
with respect to the shares issuable in settlement of the RSUs, including the right to vote the shares or receive actual dividends or other distributions on the underlying shares of Common Stock. (You are entitled to Dividend Equivalents, however.)
Shares of stock issuable in settlement of RSUs shall be delivered to you upon settlement in certificated form or in such other manner as the Company may reasonably determine. 
 (c) Retirement and Death. In the event of your Retirement or your death while employed by the Company prior to the end of the Restricted Period,
you, or your estate, shall be deemed vested and entitled to settlement of (i.e., the Restricted Period shall expire with respect to) a proportionate number of the total number of RSUs granted (taking into account RSUs previously vested), provided
that you have been continuously employed by the Company for at least one year following the Award Date and your employment has not been terminated by the Company for misconduct or other conduct deemed detrimental to the interests of the Company. The
formula for determining the proportionate number of your RSUs to become vested and non-forfeitable upon your Retirement or death is available by request from the Office of the Corporate Secretary at 2400 West Lloyd Expressway, Evansville, Indiana
47721-0001. In the event of your death prior to the delivery of shares in settlement of RSUs (not previously forfeited), shares in settlement of your RSUs shall be delivered to your estate upon presentation to the Committee of letters testamentary
or other documentation satisfactory to the Committee, and your estate shall succeed to any other rights provided hereunder in the event of your death. 
 (d) Termination Not for Misconduct or Other Detrimental Conduct. In the event your employment is terminated by the Company or an Affiliate or Subsidiary for reasons other than misconduct or other conduct deemed
detrimental to the interests of the Company or an Affiliate or Subsidiary and you are not eligible for Retirement, you shall be entitled to settlement of (i.e., the Restricted Period shall expire with respect to) a proportionate number of the total
number of RSUs granted, provided that you have been continuously employed by the Company or an Affiliate or Subsidiary for at least one year following the Award Date and you sign a general release (only applicable for employees employed in the U.S.
and Puerto Rico) and, where deemed applicable by the Company, a non-compete and/or a non-solicitation agreement. The formula for determining the proportionate number of RSUs you are entitled to under this Section 2(d) is available by request
from the Office of the Corporate Secretary at 2400 West Lloyd Expressway, Evansville, Indiana 47721-0001. 
 (e) Disability. In the
event you become Disabled (as that term is defined below), for the period during which you continue to be deemed to be employed by the Company or an Affiliate or Subsidiary (i.e., the period during which you receive Disability benefits), you
will not be deemed to have terminated employment for purposes of the RSUs. Upon the termination of your receipt of Disability 

  

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benefits, (i) you will not be deemed to have incurred a Termination of Employment if you return to employment status, and (ii) if you do not return
to employment status, you will be deemed to have incurred a Termination of Employment at the date of cessation of payments to you under all disability pay plans of the Company, Affiliates and Subsidiaries, with such Termination of Employment treated
for purposes of the RSUs as a Retirement, death, or voluntary Termination of Employment based on your circumstances at the time of such termination. For purposes of this Agreement, “Disability” or “Disabled” shall mean qualifying
for and receiving payments under a disability plan of the Company or any Affiliate or Subsidiary either in the United States or in a jurisdiction outside of the United States, and in jurisdictions outside of the United States shall also include
qualifying for and receiving payments under a mandatory or universal disability plan or program managed or maintained by the government. 
 (f) Qualifying Termination Following Change in Control. In the event your employment is terminated by reason of a Qualifying Termination during the three-year period following a Change in Control, the Restricted Period and all
remaining restrictions shall expire and the RSUs shall be deemed fully vested. 
 (g) Other Termination of Employment. In the event of
your voluntary Termination of Employment, or Termination of Employment by the Company or an Affiliate or Subsidiary for misconduct or other conduct deemed by the Company to be detrimental to the interests of the Company or an Affiliate or
Subsidiary, you shall forfeit all unvested RSUs on the date of termination. 
 (h) Other Terms. 
 (i) In the event that you fail promptly to pay or make satisfactory arrangements as to the withholding taxes as provided in Section 4, all RSUs then
subject to restriction shall be forfeited by you and shall be deemed to be reacquired by the Company. 
 (ii) You may, at any time prior to
the expiration of the Restricted Period, waive all rights with respect to all or some of the RSUs by delivering to the Company a written notice of such waiver. 
 (iii) For purposes of this Agreement, “Termination of Employment” includes any event if immediately thereafter you are no longer an employee of the Company or any Affiliate or Subsidiary, subject to
Section 2(i) hereof. References in this Section 2 to employment by the Company include employment by an Affiliate or Subsidiary. Termination of Employment means an event after which you are no longer employed by the Company or any
Affiliate or Subsidiary. Such an event could include the disposition of an Affiliate or Subsidiary or business unit by the Company or an Affiliate or Subsidiary. 
 (iv) Upon any Termination of Employment, you shall forfeit any RSUs as to which the Restricted Period has not expired at or before such termination. Other provisions of this Agreement notwithstanding, in no event will
an RSU that has been forfeited thereafter vest or be settled. 
  

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 (i) The following events shall not be deemed a Termination of Employment: 
 (i) A transfer of you from the Company to a Subsidiary or Affiliate, or vice versa, or from one Subsidiary or Affiliate to another, or from the Company or
a Subsidiary or Affiliate to BMS while BMS is an Affiliate; 
 (ii) A leave of absence, duly authorized in writing by the Company, for
military service or sickness or for any other purpose approved by the Company if the period of such leave does not exceed ninety (90) days, and 
 (iii) A leave of absence in excess of ninety (90) days, duly authorized in writing, by the Company, provided your right to reemployment is guaranteed either by a statute or by contract. 
 However, your failure to return to active service with the Company or an Affiliate or Subsidiary at the end of an approved leave of absence shall be deemed a Termination
of Employment. During a leave of absence as defined in (ii) or (iii), although you will be considered to have been continuously employed by the Company or an Affiliate or Subsidiary and not to have incurred a Termination of Employment under
this Section 2, the Committee may specify such leave period shall not be counted in determining the period of employment for purposes of the vesting of the RSUs. In such case, the vesting dates for unvested RSUs shall be extended by the length
of any such leave of absence. 
  

	3.	FORFEITURE IN THE EVENT OF COMPETITION AND/OR SOLICITATION OR OTHER DETRIMENTAL ACTS 

 You acknowledge that your continued employment with the Company and the grant of RSUs is sufficient consideration for this Agreement, including, without
limitation, the restrictions imposed upon you by this Section 3. 
 (a) By accepting the RSUs, you expressly agree and covenant that
during the Restricted Period and the Non-Competition and Non-Solicitation Period (as defined below), you shall not, without the prior consent of the Company, directly or indirectly: 
 (i) own or have any financial interest in a Competitive Business (as defined below), except that nothing in this clause shall prevent you from owning one
percent or less of the outstanding securities of any entity whose securities are traded on a U.S. national securities exchange (including NASDAQ) or an equivalent foreign exchange; 
 (ii) be actively connected with a Competitive Business by managing, operating, controlling, being an employee or consultant of (or accepting an offer to
be an employee or consultant) or otherwise advising or assisting a Competitive Business in such a way that such connection might result in an increase in value or worth of any product, technology or service, that competes with any product,
technology or service upon which you worked or about which you became familiar as a result of your employment with the Company or an Affiliate Subsidiary. You may, however, be actively connected with a Competitive Business after your employment with
the Company or an Affiliate or Subsidiary terminates for any reason, so long as your connection to the business does not involve any product, technology or service that competes with any product, technology or service upon which you worked or about
which you became familiar as a result of your employment with the Company or an Affiliate or Subsidiary and the Company is provided written assurance of this fact from the Competing Company prior to your beginning such connection; 
  

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 (iii) take any action that might divert any opportunity from the Company or any Affiliate or Subsidiary,
or any of their respective successors or assigns (the “Related Parties”) that is within the scope of the present or future operations or business of any Related Parties; 
 (iv) employ, solicit for employment, advise or recommend to any other person that they employ or solicit for employment or form an association with any
person who is employed by the Company or an Affiliate or Subsidiary or who has been employed by the Company or an Affiliate or Subsidiary within one year of the date your employment with the Company or an Affiliate or Subsidiary ceased for any
reason whatsoever; 
 (v) contact, call upon or solicit any customer of the Company or an Affiliate or Subsidiary, or attempt to divert or
take away from the Company or an Affiliate or Subsidiary the business of any of its customers; 
 (vi) contact, call upon or solicit any
prospective customer of the Company or an Affiliate or Subsidiary that you became aware of or were introduced to in the course of your duties for the Company or an Affiliate or Subsidiary, or otherwise divert or take away from the Company or an
Affiliate or Subsidiary the business of any prospective customer of the Company or an Affiliate or Subsidiary; or 
 (vii) engage in any
activity that is harmful to the interests of the Company or an Affiliate or Subsidiary, including, without limitation, any conduct during the term of your employment that violates the Company’s Code of Conduct, securities trading policy and
other policies. 
 (b) Forfeiture. If the Committee determines that you have violated any provisions of Section 3(a) above during
the Restricted Period or the Non-Competition and Non-Solicitation Period, then you agree and covenant that: 
 (i) any unvested portion of the
RSUs shall be immediately rescinded; 
 (ii) you shall automatically forfeit any rights you may have with respect to the RSUs as of the date
of such determination; and 
 (iii) if any part of the RSUs vests within the 12-month period immediately preceding a violation of
Section 3(a) above (or following the date of any such violation), upon the Company’s demand, you shall immediately deliver to it a certificate or certificates for shares of the Company’s Common Stock that you acquired upon settlement
of such RSUs (or an equivalent number of other shares). 
 (c) Definitions. For purposes of this Agreement, the following definitions
shall apply: 
 (i) The Company, Affiliates and Subsidiaries directly advertise and solicit business from customers wherever they may be found
and their business is thus worldwide in scope. Therefore, “Competitive Business” means any person or entity that engages in any business activity that competes with the Company’s, Affiliate’s or Subsidiary’s business
in any way, in any geographic area in which the Company, Affiliate or Subsidiary engages in business, including, without limitation, any state in the United States in which the Company, Affiliate or Subsidiary sells or offers to sell its products
from time to time. 
  

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 (ii) “Non-Competition and Non-Solicitation Period” means the period during which you are
employed by the Company or an Affiliate or Subsidiary and twelve months following the date that you cease to be employed by the Company or an Affiliate or Subsidiary for any reason whatsoever. 
 (iii) “Restricted Period” means, with respect to each RSU, the period from the Award Date until the date such RSU becomes vested and
non-forfeitable. 
 (d) Severability. You acknowledge and agree that the period, scope and geographic areas of restriction imposed
upon you by the provisions of this Section 3 are fair and reasonable and are reasonably required for the protection of the Company, Affiliates and Subsidiaries. In the event that all or any part of this Section 3 is held to be
unenforceable or invalid, the remaining parts of this Section 3 and this Agreement shall nevertheless continue to be valid and enforceable as though the invalid portions were not a part of this Agreement. If any one of the provisions in this
Section 3 is held to be excessively broad as to period, scope and geographic area, any such provision shall be construed by limiting it to the extent necessary to be enforceable under applicable law. 
 (e) Additional Remedies. You acknowledge that breach by you of this Agreement would cause irreparable harm to the Company, Affiliates and
Subsidiaries, and that in the event of such breach, the Company shall have, in addition to monetary damages and other remedies at law, the right to an injunction, specific performance and other equitable relief to prevent violations of your
obligations hereunder. 
  

	4.	TAXES 

 At such time as the Company is required to
withhold taxes with respect to the RSUs, or at an earlier date as determined by the Company, you shall make remittance to the Company of an amount sufficient to cover such taxes or make such other arrangement regarding payments of such taxes as are
satisfactory to the Committee . The Company, Subsidiaries and Affiliates shall, to the extent permitted by law, have the right to deduct such amount from any payment of any kind otherwise due to you, including by means of mandatory withholding of
shares deliverable in settlement of your RSUs to satisfy the mandatory tax withholding requirements. Prior to settlement of the RSUs, the Dividend Equivalents payable to you will be compensation (wages) for tax purposes and will be included on your
W-2 form. The Company will be required to withhold applicable taxes on such Dividend Equivalents. The Company may deduct such taxes either from the gross Dividend Equivalents payable on such RSUs or from any other cash payments to be made to you or
on your behalf or may require you to make prompt remittance to the Company of such tax amounts. Any cash payment to you under Section 5 of the Agreement will be included in your W-2 form as compensation and subject to applicable tax
withholding. 
  

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	5.	DIVIDEND EQUIVALENTS AND ADJUSTMENTS 

 (a) Dividend
Equivalents shall be paid or credited on RSUs (other than RSUs that, at the relevant record date, previously have been settled or forfeited) as follows, except that the Committee may specify an alternative treatment from that specified in (i), (ii),
or (iii) below for any dividend or distribution: 
 (i) Cash Dividends. If the Company declares and pays a dividend or
distribution on Common Stock in the form of cash, then a cash amount shall be paid to you as of the payment date for such dividend or distribution equal to the number of RSUs credited to you as of the record date for such dividend or distribution
multiplied by the amount of cash actually paid as a dividend or distribution on each outstanding share of Common Stock at such payment date. 
 (ii) Non-Share Dividends. If the Company declares and pays a dividend or distribution on Common Stock in the form of property other than shares, then a number of additional RSUs shall be credited to you as of the payment date for
such dividend or distribution equal to the number of RSUs credited to you as of the record date for such dividend or distribution multiplied by the Fair Market Value of such property actually paid as a dividend or distribution on each outstanding
share of Common Stock at such payment date, divided by the Fair Market Value of a share at such payment date. 
 (iii) Common Stock
Dividends and Splits. If the Company declares and pays a dividend or distribution on Common Stock in the form of additional shares, or there occurs a forward split of Common Stock, then a number of additional RSUs shall be credited to you as of
the payment date for such dividend or distribution or forward split equal to the number of RSUs credited to you as of the record date for such dividend or distribution or split multiplied by the number of additional shares actually paid as a
dividend or distribution or issued in such split in respect of each outstanding share of Common Stock. 
 (b) The number of your RSUs and
other related terms shall be appropriately adjusted, in order to prevent dilution or enlargement of your rights with respect to RSUs, to reflect any changes in the outstanding shares of Common Stock resulting from any event referred to in
Section 11(c) of the Plan or any other “equity restructuring” as defined in FAS 123R, taking into account any RSUs credited to you in connection with such event under Section 5(a). 
  

	6.	EFFECT ON OTHER BENEFITS 

 In no event shall the
value, at any time, of the RSUs or any other payment under this Agreement be included as compensation or earnings for purposes of any other compensation, retirement, or benefit plan offered to employees of the Company or any Affiliate or Subsidiary
unless otherwise specifically provided for in such plan. 
  

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	7.	RIGHT TO CONTINUED EMPLOYMENT 

 Nothing in the Plan
or this Agreement shall confer on you any right to continue in the employ of the Company or any Affiliate or subsidiary or any specific position or level of employment with the Company or any Affiliate or Subsidiary or affect in any way the right of
the Company or any Affiliate or Subsidiary to terminate your employment without prior notice at any time for any reason or no reason. 
  

	8.	ADMINISTRATION; UNFUNDED OBLIGATIONS 

 The Committee
shall have full authority and discretion, subject only to the express terms of the Plan, to decide all matters relating to the administration and interpretation of the Plan and this Agreement, and all such Committee determinations shall be final,
conclusive, and binding upon the Company, you, and all interested parties. Any provision for distribution in settlement of your RSUs and other obligations hereunder shall be by means of bookkeeping entries on the books of the Company and shall not
create in you or any beneficiary any right to, or claim against, any specific assets of the Company, nor result in the creation of any trust or escrow account for you or any beneficiary. You and any of your beneficiaries entitled to any settlement
or distribution hereunder shall be a general creditor of the Company. 
  

	9.	AMENDMENT 

 This Agreement shall be subject to the
terms of the Plan, as amended from time to time, except that the Award which is the subject of this Agreement may not be materially adversely affected by any amendment or termination of the Plan approved after the Award Date without your written
consent. 
  

	10.	SEVERABILITY AND VALIDITY 

 The various provisions
of this Agreement are severable, and any determination of invalidity or unenforceability of any one provision shall have no effect on the remaining provisions. 
  

	11.	GOVERNING LAW 

 This Agreement shall be governed by
the substantive laws (but not the choice of law rules) of the State of Delaware. 
  

	12.	SUCCESSORS 

 This Agreement shall be binding upon
and inure to the benefit of the successors, assigns, and heirs of the respective parties. 
  

	13.	DATA PRIVACY 

 By entering into this agreement, you
(i) authorize the Company, and any agent of the Company administering the Plan or providing Plan recordkeeping services, to disclose to the Company or any Affiliate or Subsidiary such information and data as the Company or any such Affiliates
or Subsidiary shall request in order to facilitate the grant of RSUs and the administration of the Plan; 

  

 8 

 
(ii) waive any data privacy rights you may have with respect to such information; and (iii) authorize the Company to store and transmit such
information in electronic form. 
  

	14.	ENTIRE AGREEMENT AND NO ORAL MODIFICATION OR WAIVER 

 This Agreement contains the entire understanding of the parties. This Agreement shall not be modified or amended except in writing duly signed by the parties, except that the Company may adopt a modification or amendment to the Agreement
that is not materially adverse to you in writing signed only by the Company. Any waiver of any right or failure to perform under this Agreement shall be in writing signed by the party granting the waiver and shall not be deemed a waiver of any
subsequent failure to perform. 
  

			
	Mead Johnson Nutrition Company
		
	By:	 	  

		 	[                    ]

 I have read this Agreement in its entirety. I understand that this Award has been granted to
provide a means for me to acquire and/or expand an ownership position in Mead Johnson Nutrition Company, and it is expected that I will retain the stock I receive upon the vesting of this Award consistent with the Company’s share retention
guidelines. I acknowledge and agree that sales of shares will be subject to the Company’s policy regulating trading by employees. In accepting this Award, I hereby agree that Smith Barney, or such other vendor as the Company may choose to
administer the Plan, may provide the Company with any and all account information necessary to monitor my compliance with the Company’s Share Retention Policy and other applicable policies. 
 I hereby agree to all the terms, restrictions and conditions set forth in the Agreement. 
  

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