Document:

EX-4.1

 Exhibit 4.1 

CITIBANK CREDIT CARD ISSUANCE TRUST 

Citiseries 
 Class
2014-A1 Notes 
 Issuer Certificate 

Pursuant to Sections 202 and 301(h) of the Indenture 

Reference is made to the Amended and Restated Indenture dated as of September 26, 2000, as amended and restated as of August 9,
2011, between Citibank Credit Card Issuance Trust (the “Issuer”) and Deutsche Bank Trust Company Americas, as trustee (as so amended and restated, the “Indenture”). Capitalized terms used herein that are not otherwise defined
have the meanings set forth in the Indenture. All references herein to designated Sections are to the designated Sections of the Indenture. 

Section 301(h) provides that the Issuer may from time to time create a tranche of Notes either by or pursuant to an Issuer Certificate
setting forth the principal terms thereof. Pursuant to this Issuer Certificate, there is hereby created a tranche of Notes having the following terms: 

Series Designation: Citiseries. This series is included in Group 1. 

Tranche Designation: $850,000,000 2.88% Class 2014-A1 Notes of January 2021 (Legal Maturity Date January 2023) (hereinafter, the “Class 2014-A1
Notes”) 
 Currency: The Class 2014-A1 Notes will be payable, and denominated, in Dollars. 

Denominations: The Class 2014-A1 Notes will be issuable in minimum denominations of $100,000 and multiples of $1,000 in excess of that amount. 

Issuance Date: January 24, 2014 
 Initial
Principal Amount: $850,000,000 
 Issue Price: 99.94985% 

Interest Rate: 2.88% per annum, calculated on the basis of a 360 day year of twelve 30 day months. 

Scheduled Interest Payment Dates: The 21st day of each January and July, beginning July 2014. 

Each payment of interest on the Class 2014-A1 Notes will include all interest accrued from and including the preceding Interest Payment Date — or, for
the first interest period, from and including the Issuance Date — to and including the day preceding the current Interest Payment Date, plus any interest accrued but not previously paid. 

 The first deposit targeted to be made to the Interest Funding sub-Account for the Class 2014-A1 Notes will be on
the December 9, 2013 Interest Deposit Date and in an amount equal to $2,380,000. 
 Expected Principal Payment Date: January 21, 2021 

Legal Maturity Date: January 23, 2023 
 Monthly
Principal Date: For the month in which the Expected Principal Payment Date occurs, January 21, 2021, and for each other month, the 21st day of such month, or if such day is not a Business Day, the next following Business Day. 

Required Subordinated Amount of Class B Notes: $50,854,735 

Required Subordinated Amount of Class C Notes: $67,806,285 

Controlled Accumulation Amount: $70,833,333.33 
 Form
of Notes: The Class 2014-A1 Notes will be issued as Global Notes. The Global Notes will initially be registered in the name of Cede & Co., as nominee of The Depository Trust Company, and will be exchangeable for individual Notes only in
accordance with the provisions of Section 204(c). 
 Additional Issuances of Class 2014-A1 Notes: The Issuer may at any time and from time to
time issue additional Class 2014-A1 Notes, subject to the satisfaction of (i) the conditions precedent set forth in Section 311(a) and (ii) the following conditions: 

 

	 	(a)	The Issuer has obtained written confirmation from each Rating Agency that there will be no Ratings Effect with respect to the then outstanding Class 2014-A1 Notes as a result of the issuance of such additional Class
2014-A1 Notes; 

  

	 	(b)	As of the date of issuance of the additional Class 2014-A1 Notes, all amounts due and owing to the Holders of the then outstanding Class 2014-A1 Notes have been paid and there is no Nominal Liquidation Amount Deficit
with respect to the then outstanding Class 2014-A1 Notes; 

  

	 	(c)	The additional Class 2014-A1 Notes will be fungible with the original Class 2014-A1 Notes for federal income tax purposes; 

  

	 	(d)	If Holders of the then outstanding Class 2014-A1 Notes have the benefit of a Derivative Agreement, the Issuer will have obtained a Derivative Agreement for the benefit of the Holders of the additional Class 2014-A1
Notes; and 

  

	 	(e)	The ratio of the Controlled Accumulation Amount to the Initial Dollar Principal Amount of the Class 2014-A1 Notes, including the additional Class 2014-A1 Notes, will be equal to the ratio of the Controlled Accumulation
Amount (before giving effect to the additional issuance) to the Initial Dollar Principal Amount of the Class 2014-A1 Notes, excluding the additional Class 2014-A1 Notes. 

  
 2 

 As of the date of issuance of additional Class 2014-A1 Notes, the Outstanding Dollar Principal Amount and Nominal
Liquidation Amount of the Class 2014-A1 Notes will be increased to reflect the Initial Dollar Principal Amount of the additional Class 2014-A1 Notes. 
 Any
outstanding Class 2014-A1 Notes and any additional Class 2014-A1 Notes will be equally and ratably entitled to the benefits of the Indenture without preference, priority or distinction. 

Optional Redemption Provisions other than Section 1202 “Clean-Up Call”: None 

Additional Early Redemption Events or changes to Early Redemption Events: None 

Additional Events of Default or changes to Events of Default: None 

Business Day: means any day other than (a) a Saturday or Sunday or (b) any other day on which national banking associations or state banking
institutions in New York, New York or South Dakota, or any other state in which the principal executive offices of any Additional Seller are located, are authorized or obligated by law, executive order or governmental decree to be closed. 

Securities Exchange Listing: None 

  
 3 

 The Class 2014-A1 Notes shall have such other terms as are set forth in the form of Note attached
hereto as Exhibit A. Pursuant to Section 202, the form of Note attached hereto has been approved by the Issuer. 
  

			
	CITIBANK CREDIT CARD ISSUANCE TRUST
		
	By	 	 Citibank, N.A.,
 as Managing
Beneficiary

		
		 	 /s/ Douglas C. Morrison

		 	Douglas C. Morrison
		 	Vice President

 Dated: January 24, 2014 

  
 4 

 Citiseries 

Class 2014-A1 Notes 

Reference is made to the resolutions adopted by the Board of Directors of Citibank, N.A. on January 15, 2014. The resolutions authorize
Citibank, N.A. from time to time to issue and sell, or to arrange for or participate in the issuance and sale of, one or more series and/or classes of pass-through certificates, participation certificates, commercial paper, notes, bonds or other
securities representing ownership interests in, or backed or secured by, pools of credit card receivables or interests therein (the “Receivables”) in an aggregate principal amount such that up to $75,000,000,000 of such certificates,
commercial paper, notes, bonds or other securities are outstanding at any one time and to sell, transfer, convey, assign or pledge or grant a security interest in all or any portion of its Receivables to Citibank Credit Card Master Trust I, Citibank
Omni Trust or any direct or indirect subsidiaries of Citibank, N.A., affiliates of Citigroup Inc., additional trusts or other entities or trustees in connection therewith on such terms as to be determined by the Citibank, N.A. Securitization Pricing
and Loan Committee (the “Pricing and Loan Committee”). 
 The undersigned, a duly authorized member of the Pricing and Loan
Committee, on behalf of such Pricing and Loan Committee, does hereby certify that the preceding Issuer Certificate, the terms of the tranche of Notes set forth in and to be created by the Issuer Certificate and the increase in the Invested Amount of
the Collateral Certificate resulting from the issuance of such Notes have been approved by such Pricing and Loan Committee. In addition, the following underwriting/selling agent terms with respect to this tranche of Notes have been approved by such
Pricing and Loan Committee: 
 Issue Price: 99.94985% 

Underwriting Commission: 0.35000% 

Proceeds to Issuer: 99.59985% 

Representative of the Underwriters: Citigroup Global Markets Inc. 

The preceding Issuer Certificate and this certification of Pricing and Loan Committee approval shall be, continuously from the time of their
execution, official records of Citibank, N.A. 
  

	
	 /s/ Douglas C. Morrison

	Douglas C. Morrison
	Member of the Securitization Pricing and Loan Committee
	Citibank, N.A.

 Dated: January 24, 2014 

  
 5 

 Exhibit A 

FORM OF 
 CITISERIES 

2.88% CLASS 2014-A1 NOTES OF JANUARY 2021 

(Legal Maturity Date January 2023) 
  

											
	$        ,000,000	 		 		 		 		  	REGISTERED
	CUSIP No. 17305E FM2	 		 		 		  	No. R-    

 UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION (“DTC”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE
REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 
 THE PRINCIPAL OF THIS NOTE IS PAYABLE AS SET FORTH HEREIN AND IN THE
INDENTURE REFERRED TO BELOW. ACCORDINGLY, THE OUTSTANDING PRINCIPAL AMOUNT OF THIS NOTE AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ON THE FACE HEREOF. 

CITIBANK CREDIT CARD ISSUANCE TRUST 

CITISERIES 
 2.88% CLASS 2014-A1
NOTES OF JANUARY 2021 
 (Legal Maturity Date January 2023) 

CITIBANK CREDIT CARD ISSUANCE TRUST, a trust formed and existing under the laws of the State of Delaware (including any successor, the “Issuer”),
for value received, hereby promises to pay to CEDE & CO., or its registered assigns, the principal amount of                      MILLION
DOLLARS ($        ,000,000). The Expected Principal Payment Date for this Note is January 21, 2021. The Legal Maturity Date for this Note is January 23, 2023. 

The Issuer hereby promises to pay interest on this Note at the rate of 2.88% per annum on the 21st day of each January and July, beginning July 2014,
until the principal of this Note is paid or made available for payment, subject to certain limitations set forth in the Indenture. Interest will accrue on the principal amount of this Note outstanding on the preceding Interest Payment Date

 
(after giving effect to any payments of principal made on the preceding Interest Payment Date) or, with respect to the first Interest Payment Date, the initial principal amount of this Note.
Interest will accrue from January 24, 2014 and be computed on the basis of a 360-day year of twelve 30-day months. 
 If any Interest Payment Date or
Principal Payment Date of this Note falls on a day that is not a Business Day, the required payment of interest or principal will be made on the following Business Day. 

This Note is one of the Citiseries, Class 2014-A1 Notes issued pursuant to the Amended and Restated Indenture dated as of September 26, 2000, as amended
and restated as of August 9, 2011 (as amended and otherwise modified from time to time, the “Indenture”) between the Issuer and Deutsche Bank Trust Company Americas, as Trustee. For purposes of this Note, the term
“Indenture” includes any supplemental indenture or Issuer Certificate relating to the Citiseries, Class 2014-A1 Notes. This Note is subject to all of the terms of the Indenture. All terms used in this Note that are not otherwise defined
herein and that are defined in the Indenture will have the meanings assigned to them therein. 
 The principal of and interest on this Note are payable in
such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. 
 Reference is
made to the further provisions of this Note set forth on the reverse hereof, which will have the same effect as though fully set forth on the face of this Note. 

Unless the certificate of authentication hereon has been executed by the Trustee whose name appears below by manual signature, this Note will not be entitled
to any benefit under the Indenture, or be valid or obligatory for any purpose. 

 IN WITNESS WHEREOF, the Issuer has caused this instrument to be signed, manually or in facsimile, by an Issuer
Authorized Officer. 
  

					
	CITIBANK CREDIT CARD ISSUANCE TRUST
		
	By:	 	CITIBANK, N.A.,
		 	as Managing Beneficiary of
		 	Citibank Credit Card Issuance Trust
			
		 	By:	 	  

		 		 	Douglas C. Morrison
		 		 	Vice President

 Dated: January 24, 2014 

TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

This is one of the Notes designated above and referred to in the within mentioned Indenture. 

 

			
	DEUTSCHE BANK TRUST COMPANY AMERICAS, as Trustee under the Indenture
		
	By:	 	  

		 	Authorized Signatory

 Dated: January 24, 2014 

 REVERSE OF NOTE 

This Note is one of a duly authorized issue of Notes of the Issuer, designated as its Citiseries 2.88% Class 2014-A1 Notes of January 2021 (Legal Maturity
Date January 2023) (herein called the “Notes”), all issued under an Indenture, to which Indenture reference is hereby made for a statement of the respective rights and obligations thereunder of the Issuer, the Trustee and the Holders of
the Notes. 
 This Note ranks pari passu with all other Class A Notes of the same series, as set forth in the Indenture. This Note is secured to the
extent, and by the collateral, described in the Indenture. 
 The Issuer will pay interest on overdue interest as set forth in the Indenture to the extent
lawful. 
 Each Holder by acceptance of this Note, and each owner of a beneficial interest in this Note by acceptance of a beneficial interest in this Note,
agrees that no recourse may be taken, directly or indirectly, with respect to the obligations of the Issuer or the Trustee on the Notes, against the Issuer, the Issuer Trustee, Citibank, N.A., the Trustee or any affiliate, officer, employee or
director of any of them, and the obligation of the Issuer to pay principal of or interest on this Note or any other amount payable to the Holder of this Note will be subject to Article V of the Indenture. 

Each Holder by acceptance of this Note, and each owner of a beneficial interest in this Note by acceptance of a beneficial interest in this Note, agrees that
this Note is intended to be debt of Citibank, N.A. for federal, state and local income and franchise tax purposes, and agrees to treat this Note accordingly for all such purposes, unless otherwise required by a taxing authority. 

Each Holder by acceptance of this Note, and each owner of a beneficial interest in this Note by acceptance of a beneficial interest in this Note, agrees that
it will not at any time institute against the Issuer, or join in any institution against the Issuer of, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceeding, or other proceedings under any United States federal or state
bankruptcy or similar law in connection with any obligations relating to this Note, the Indenture or any Derivative Agreement. 
 This Note and the
Indenture will be construed in accordance with and governed by the laws of the State of New York. 
 Certain amendments may be made to the Indenture without
the consent of the Holder of this Note. This Note must be surrendered for final payment of principal and interest. 

 ASSIGNMENT 

Social Security or taxpayer I.D. or other identifying number of
assignee:                                     

FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto 

	
	
	  

	
	  

 (name and address of assignee) 

the within Note and all rights thereunder, and hereby irrevocably constitutes and appoints
                                         
                   , attorney, to transfer said Note on the books kept for registration thereof, with full power of substitution in the premises. 

 

									
	Dated:	 	  
	 		 	  
	 	*
		 		 		 	Signature Guaranteed:	 	

  

	*	NOTE: The signature to this assignment must correspond with the name of the registered owner as it appears on the face of the within Note in every particular without alteration, enlargement or any change whatsoever.EX-10.1

 EXHIBIT 10.1 
  

			
	

	  	 Rewards - Compensation

Management Short-Term Incentive —

Executive Officers
 (STI)
Plan

  

			
	Purpose	  	The STI plan provides an annual performance-based cash bonus opportunity for eligible employees. This is intended to achieve a number of goals including:
		
		  	 •     Emphasizing the Company’s commitment to competitive compensation practices;

		
		  	 •     Driving a high performance culture;

		
		  	 •     Assuring accountability;

		
		  	 •     Focusing on results, not activity; and

		
		  	 •     Reinforcing the importance of measurable and aligned goals and objectives.

		
	Eligibility	  	These guidelines apply to Executive Officers.
		
		  	To receive payment under the STI Plan, the participant must be actively employed as of fiscal year-end.
		
	Plan Design    	  	The plan design is based on the following financial metrics.
		
		  	 •     Operating Income/EBITDA

		
		  	 •     Organic Revenue

		
		  	 •     Earnings Per Share

		
		  	 •     Gross Margin

		
		  	Each participant’s plan design will be based on the participant’s position. Details of the design are as follows:
		
		  	 •     Region Standard

  

					
	 Metric & Weighting Per Metric

	 	 	Region Organic	 	Region Operating
	 EPS
	 	 Revenue
	 	 Income ($)

	 30%
	 	30%	 	40%

  

	 	•	 	Corporate/Global 

  

					
	 Metric & Weighting Per Metric

	 	 	HBF Organic	 	HBF Operating
	 EPS
	 	 Revenue
	 	 Income ($)

	 30%
	 	30%	 	40%

			
	

	  	 Rewards - Compensation

Management Short-Term Incentive —

Executive Officers
 (STI)
Plan

  

	 	•	 	VP Sr, EIMEA 

  

									
	
Metric & Weighting Per Metric

	 	 	EIMEA Organic	 	EIMEA Operating	 	Hygiene	 	Hygiene Gross
	 EPS
	 	 Revenue
	 	 Income
	 	 Revenue
	 	 Margin

	 30%
	 	20%	 	20%	 	15%	 	15%

  

	 	•	 	VP Sr, Americas Adhesives 

  

									
	
Metric & Weighting Per Metric

	 	 	Americas Adhesives	 	Americas Adhesives	 	Packaging	 	Packaging Gross
	 EPS
	 	 Organic Revenue
	 	 Operating Income
	 	 Revenue
	 	 Margin

	 30%
	 	20%	 	20%	 	15%	 	15%

  

	 	•	 	VP Sr, Market Development 

  

									
	
Metric & Weighting Per Metric

	 	 	Contruction Products	 	Construction	 	Durable Assembly	 	Durable Assembly
	 EPS
	 	 Organic Revenue
	 	 Products EBITDA
	 	 Revenue
	 	 Gross Margin

	 30%
	 	15%	 	15%	 	20%	 	20%

 Target 
  

	 	•	 	Each metric will have a target level of performance. Payout will be determined for each metric based on performance relative to target. The target levels of performance will be established at the beginning of each
fiscal year. 

 Threshold 
  

	 	•	 	Threshold performance levels will be established for each metric as follows: 

  

	 	•	 	Sales, Organic Revenue: 90% of target 

  

	 	•	 	Operating Income/EBITDA: 80% of target 

  

	 	•	 	EPS: 80% of target 

  

	 	•	 	Gross Margin: 80% of target 

  

	 	•	 	Payout at the threshold level of performance will be 50% of the target allocated to that metric. 

Superior 
  

	 	•	 	Superior performance levels will be established for each metric as follows: 

  

	 	•	 	Sales, Organic Revenue: 110% of target 

  

	 	•	 	Operating Income/EBITDA: 115% of target 

  

	 	•	 	EPS: 115% of target 

  

	 	•	 	Gross Margin: 115% of target 

  

	 	•	 	Payout at the superior level of performance will be 150% of the target allocated to that metric. 

See Appendix for payout schedule. 

  
 Page 2 of 6 

			
	

	  	 Rewards - Compensation

Management Short-Term Incentive —

Executive Officers
 (STI)
Plan

  

			
		  	Superior Stretch Goal – Executive Committee
		
		  	 •     Additional superior goals will be established for metrics for the EC members as
follows:

		
		  	 •     Organic Revenue: 115% of target

		
		  	 •     Operating Income/EBITDA: 125% of target

		
		  	 •     EPS: 125% of target

		
		  	 •     Gross Margin: 125% of target

		
		  	 •     Payout at the superior stretch goal will be 200% of the target allocated to that
metric

		
	Payment	  	Payment will be made in cash, subject to taxes and deductions as applicable. Payment will be made as close as possible to January 31 following the conclusion of the relevant Plan Year, but will be made no later than March 15th of the calendar year following the Plan Year.
		
	Participant
Status Changes	  	 If a participant begins employment with the company during the Plan Year, bonus potential will be pro-rated for the time the participant
was employed during the Plan Year.
  
 If a participant transfers jobs and changes plan
design standards, potential bonus will be pro- rated for the time spent in each job.

		
	Administration	  	Participants may direct questions about the STI Plan to their local management or human resources representatives.
		
		  	The Compensation Committee of the Board of Directors shall make a certification decision with respect to performance of financial metrics and consider extraordinary circumstances that may have positively or negatively impacted
the achievement of the objectives. The Board or management in their discretion, reserves the right at any time to enhance, diminish or terminate all or any portion of any compensation plan or program, on a collective or individual basis.
		
	Relevant Terms	  	Actively Employed - A full-time or part-time employee on the Company payroll. It excludes any employee who has been terminated from employment with the Company – voluntarily or involuntarily – in advance of
fiscal year-end.
		
		  	Company - H.B. Fuller Company and its wholly owned subsidiaries.
		
		  	Eligible Earnings - To be determined by region/country.
		
		  	Payment - The cash reward payable after conclusion of the Plan Year.
		
		  	Plan Year - The relevant Company fiscal year.
		
		  	Short Term Incentive (STI) Plan - The program described herein. May also be referred to as “STIP” or “STI Plan”.

  
 Page 3 of 6 

			
	

	  	 Rewards - Compensation

Management Short-Term Incentive —

Executive Officers
 (STI)
Plan

  

 Appendix 

 

			
	 STIP Payment Schedule for

EPS, Operating Income/EBITDA,

Gross Margin

	Metric	 	Payout (as % of
	 Performance
	 	 target)

	 125%
	 	200.0%
	 124%
	 	195.0%
	 123%
	 	190.0%
	 122%
	 	185.0%
	 121%
	 	180.0%
	 120%
	 	175.0%
	 119%
	 	170.0%
	 118%
	 	165.0%
	 117%
	 	160.0%
	 116%
	 	155.0%
	 115%
	 	150.0%*
	 114%
	 	146.7%
	 113%
	 	143.3%
	 112%
	 	140.0%
	 111%
	 	136.7%
	 110%
	 	133.3%
	 109%
	 	130.0%
	 108%
	 	126.7%
	 107%
	 	123.3%
	 106%
	 	120.0%
	 105%
	 	116.7%
	 104%
	 	113.3%
	 103%
	 	110.0%
	 102%
	 	106.7%
	 101%
	 	103.3%
	 100%
	 	100.0%
	 99%
	 	97.5%
	 98%
	 	95.0%
	 97%
	 	92.5%
	 96%
	 	90.0%
	 95%
	 	87.5%
	 94%
	 	85.0%
	 93%
	 	82.5%
	 92%
	 	80.0%
	 91%
	 	77.5%
	 90%
	 	75.0%
	 89%
	 	72.5%
	 88%
	 	70.0%
	 87%
	 	67.5%
	 86%
	 	65.0%
	 85%
	 	62.5%
	 84%
	 	60.0%
	 83%
	 	57.5%
	 82%
	 	55.0%
	 81%
	 	52.5%
	 80%
	 	50.0%

 

			
	 STIP Payment schedule for

Organic Revenue

	Metric	 	Payout (as % of
	 Performance
	 	 target)

	 115%
	 	200.0%
	 114%
	 	190.0%
	 113%
	 	180.0%
	 112%
	 	170.0%
	 111%
	 	160.0%
	 110%
	 	150.0%*
	 109%
	 	145.0%
	 108%
	 	140.0%
	 107%
	 	135.0%
	 106%
	 	130.0%
	 105%
	 	125.0%
	 104%
	 	120.0%
	 103%
	 	115.0%
	 102%
	 	110.0%
	 101%
	 	105.0%
	 100%
	 	100.0%
	 99%
	 	95.0%
	 98%
	 	90.0%
	 97%
	 	85.0%
	 96%
	 	80.0%
	 95%
	 	75.0%
	 94%
	 	70.0%
	 93%
	 	65.0%
	 92%
	 	60.0%
	 91%
	 	55.0%
	 90%
	 	50.0%

 
 

  

	*	Executive Committee members have a maximum opportunity of 200%. 

  

	 	•	 	Payout is calculated for each incremental increase in performance (straight line interpolation). 

 Calculation
Guidelines 

  
 Page 4 of 6 

			
	

	  	 Rewards - Compensation

Management Short-Term Incentive —

Executive Officers
 (STI)
Plan

  

	1.	Company EPS. As reported adjusted for STIP & UPB accruals (see below). 

  

	2.	Organic Revenue. The reported revenue is adjusted for the following: 

  

	 	a.	Currency impact compared to budgeted exchange rates for Europe and Asia Pacific regions. 

  

	3.	HBF Operating Income. The reported operating income is adjusted for the following: 

  

	 	a.	STIP & UPB accruals (see below). 

  

	 	b.	Currency impact compared to budgeted exchange rates for the Europe and Asia Pacific regions. 

  

	4.	Fully allocated regional operating income. 

  

	 	a.	Regional operating income targets include corporate governance allocation at budget. 

  

	 	b.	For evaluating performance against target, the actual corporate governance allocation is adjusted to reflect Corporate STIP and UPB accruals at target. 

 

	 	c.	At the region level and one level below, corporate governance allocations will be included in determining targets and performance. Below these levels, the corporate governance allocation is not to be included in
determining targets or performance. 

  

	5.	Impact of STIP & UPB accruals. For income related metrics, performance is evaluated assuming the STIP and UPB accruals are at target. 

 

	6.	North America. Basis of targets is US dollars. For purposes of determining performance against targets, there is to be no adjustment back to budgeted exchange rates for Canada. 

 

	7.	Europe. 

  

	 	a.	Revenue and operating income are in Euros. 

  

	 	b.	The actual corporate governance allocation will be converted to Euros at the budgeted exchange rate for determining performance against the operating income target. 

 

	8.	Latin America. Basis of targets is the US dollar. For purposes of determining performance against targets, there is to be no adjustment back to budgeted exchange rates for individual countries. 

 

	9.	Asia Pacific. For revenue and income metrics expressed in US dollars, the budgeted exchange rates will be used to assess performance. 

  
 Page 5 of 6 

			
	

	  	 Rewards - Compensation

Management Short-Term Incentive —

Executive Officers
 (STI)
Plan

  

	10.	In calculating the results, the following adjustments will be made:  

  

	 	a.	Individual legal settlements (payments or receipts) with a value (net of insurance) of $3 million or greater will not be included in metric calculations. 

 

	 	b.	Any unbudgeted reorganization or restructuring-related items which cannot be offset by related benefits in the fiscal year will not be included in metric calculations. 

 

	 	c.	Unbudgeted acquisitions and divestitures will be excluded from all actual and target metric calculations, as applicable. 

  

	 	d.	Any unbudgeted asset write-downs in excess of $2 million will not be included in metric calculations. 

  

	 	e.	Adjustments needed to (1) correct any inadvertent errors or miscalculations made in setting a performance target for our key markets (such as Hygiene, Packaging, or Durable Assembly) or (2) account for changes
resulting from new accounting definitions, requirements or pronouncements. 

  
 Page 6 of 6

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