Document:

EX-10.15

 Exhibit 10.15 

 
 

 
 November 21, 2012 
 Timothy R. McLevish 
 Executive Vice President, Chief Financial Officer 

Kraft Foods Group 
 Dear Tim, 

We are pleased to provide you with this letter that is intended to outline the treatment of your compensation and benefits in the event of the
termination of your employment with Kraft Foods Group, Inc. or a subsidiary of Kraft (collectively, “Kraft” or “Company”). 

If your employment with Kraft is terminated due to mutual agreement, voluntary termination or involuntary termination without cause, you will receive the
following treatment for outstanding cash and stock incentives, provided, however, that you agree to non-compete and non-solicitation obligations and that you sign a general release as described below: 

 

	 	•	 	 Prorated Annual Incentive – The Company will pay you an annual incentive under the Kraft Management Incentive Plan (“MIP”) for
the portion of the calendar year you were employed by Kraft, based on your individual target percentage and the actual annual business rating as determined by Kraft’s Compensation Committee of the Board of Directors. The payment, less any
required deductions, would be made at the same time as the Company makes payments to active employees. 

  

	 	•	 	 Prorated Restricted Stock Awards – Except for your restricted stock unit award granted on November 16, 2012, the Company will vest
your restricted stock awards and restricted stock unit awards based on the full years (twelve-month period) elapsed between the grant date and your termination date. Specifically, the number of shares that vest will be the number of shares granted
times the number of full years elapsed between the grant date and your termination date divided by the total number of years of the vesting period. 

  

	 	•	 	 Off-Cycle Restricted Stock Unit Award Granted on November 16, 2012 

 

	 	•	 	 Voluntary termination – No shares will vest if you terminate prior to normal vesting schedule for a voluntary termination.

  

	 	•	 	 Involuntary termination without cause / mutual agreement - If your termination is based on a mutual agreement or an involuntary termination, the
Company will vest this award based on the full years (twelve-month period) elapsed between the grant date and your termination date. Specifically, the number of shares that vest will be number of full years elapsed between the grant date and your
termination date divided by the total number of years of the vesting period. 

  

	 	•	 	 Prorated LTIP/Performance Share Awards – The Company will vest any Long-Term Incentive Plan (“LTIP”) / performance share awards
based on full years (twelve-month period) elapsed between the grant date and your termination date based on the actual rating for the particular performance cycle. Specifically, the number of shares that will vest will be the target number of shares
multiplied by the rating approved by the Compensation Committee multiplied by the number of full years elapsed between the grant date and your termination date divided by the total number of years of the vesting period. Similar to the annual
incentive, the actual awards will be paid and the shares will be delivered to you at the same time as active employees’ awards. 

 In exchange for the compensation treatment on MIP, restricted stock and restricted stock unit awards and
LTIP/performance shares described above in the event your employment is terminated by mutual agreement, voluntarily, or involuntarily without cause, at the time of your termination, you must sign an agreement which will contain the following
provisions: 
  

	 	•	 	 You will agree that for 24 months following your separation from employment, you will not: (a) directly or indirectly (whether as an employee,
consultant, officer, director, partner, joint venturer, manager, member, principal, agent, independent contractor, individually, in concert with others, or in any other manner) provide services to any other company or entity whose businesses compete
with any of the current Kraft businesses (“Competitive Business”) without the prior written consent of Kraft, provided, however, that it shall not be a violation for you to provide services to a business unit of a Competitive Business as
long as that business unit is not a Competitive Business, or (b) provide advice to any entity that is involved in, or seeking to be involved in, a transaction regarding Kraft. The Competitive Businesses include Campbell Soup Company, The
Coca-Cola Company, ConAgra Foods, Inc., General Mills Inc., Groupe Danone, H.J. Heinz Company, Hershey Company, Kellogg Company, Mars Inc., Mondelēz International, Inc., Nestlé S.A., PepsiCo Inc., Hillshire Brands Company, and Unilever
Group and any subsidiaries, affiliates or successors of these companies or their businesses, including by reason of spin-offs, split-ups, mergers, acquisitions or divestitures. 

 

	 	•	 	 You will agree that for 24 months following your termination from Kraft, you will not directly or indirectly solicit or engage any employee of Kraft to
leave Kraft to accept work (whether as an employee, independent contractor or in any other status) for any other entity without obtaining the prior written consent of Kraft, nor will you provide a reference for any Kraft employee.

  

	 	•	 	 You will agree following your termination, you will not communicate or disclose to any third party, or use for your own account or for the account of
any third party, without the prior written consent of Kraft, any of the strategic, marketing, financial, product, manufacturing, technical and other proprietary information and material which are the property of Kraft, except as required by legal
process or unless and until such information or material becomes generally available to the public. Nothing herein shall preclude you from using your general knowledge and expertise to fulfill job responsibilities with a new employer.

  

	 	•	 	 You will agree that, in discussing your relationship with Kraft and its affiliated and former or current parent companies and their business and
affairs, you will not disparage, discredit or otherwise treat in a detrimental manner Kraft, its affiliated companies or their officers, directors and employees, which includes casting in a negative light Kraft’s officers and directors or
Kraft’s business, organization, strategies, plans, and future business outlook. 

 The favorable compensation treatment
outlined above will not apply for termination for cause. For purposes of this letter, “cause” means: 1) continued failure to substantially perform the job’s duties (other than resulting from incapacity due to disability); 2) gross
negligence, dishonesty, or violation of any reasonable policy, procedure, rule or regulation of the Company; or 3) engaging in conduct which materially adversely reflects on the Company. 
 However, notwithstanding the type of your termination, the Company will provide you with early retirement treatment for all outstanding stock option awards. Specifically, after your termination you will
continue to vest per the schedule on your initial award statement in any unvested stock option awards except for the stock options granted in the year of your termination. Additionally, you will have the full term of awards to exercise your stock
options. 

 Please acknowledge your agreement to the above terms by signing a copy of this letter and returning it to
me. 
  

	
	Sincerely,
	
	 /s/ Diane Johnson May

	Diane Johnson May
	
	Agreed to this 21st day of November, 2012.
	
	 /s/ Timothy R. McLevish

	Timothy R. McLevishEX-10.16

 Exhibit 10.16 
 KRAFT FOODS GROUP, INC. 
 2012 PERFORMANCE INCENTIVE PLAN 

GLOBAL RESTRICTED STOCK UNIT AGREEMENT 
 KRAFT FOODS GROUP, INC., a Virginia corporation (the “Company”), hereby grants to the employee (the “Employee”) named in the Award Statement attached hereto (the
“Award Statement”) as of the date set forth in the Award Statement (the “Award Date”) pursuant to the provisions of the Kraft Foods Group, Inc. 2012 Performance Incentive Plan (the “Plan”) a
Restricted Stock Unit Award (the “Award”) with respect to the number of shares (the “Restricted Shares”) of the Common Stock of the Company (the “Common Stock”) set forth in the Award Statement,
upon and subject to the restrictions, terms and conditions set forth below (including the country-specific terms set forth in the attached Appendix A), in the Award Statement and in the Plan. Capitalized terms not otherwise defined in this Global
Restricted Stock Unit Agreement (the “Agreement”) have the meaning set forth in the Plan. 
 1.
Restrictions. Subject to Section 2 below, the restrictions on the Restricted Shares shall lapse and the Restricted Shares shall vest on the Vesting Date shown in the Award Statement (the “Vesting Date”), provided that
the Employee remains an active employee of the Kraft Foods Group (as defined below in Section 18) during the entire period commencing on the Award Date and ending on the Vesting Date. 

2. Termination of Employment Before Vesting Date. In the event of the termination of the Employee’s employment with the Kraft
Foods Group prior to the Vesting Date due to death or Disability (as defined below in Section 18) or upon the Employee’s Normal Retirement (as defined below in Section 18), the restrictions on the Restricted Shares shall lapse and the
Restricted Shares shall become fully vested on the date of death, Disability, or Normal Retirement. 
 If the Employee’s
employment with the Kraft Foods Group is terminated for any reason other than death, Disability, or Normal Retirement prior to the Vesting Date, including any termination of employment caused directly or indirectly by the Company or a subsidiary or
affiliate (even if such termination constitutes unfair dismissal under the employment laws of the country where the Employee resides or if the Employee’s termination is later determined to be invalid and his or her employment is reinstated),
the Employee shall forfeit all rights to the Restricted Shares. Notwithstanding the foregoing, upon the termination of an Employee’s employment with the Kraft Foods Group, the Committee may, in its sole discretion, waive the restrictions on,
and the vesting requirements for, the Restricted Shares. 
 For purposes of this Agreement, the Employee’s employment shall
be deemed to be terminated (i) when he or she is no longer actively employed by the Kraft Foods Group (regardless of the reason for such termination and whether or not later found to be invalid or in breach of employment laws in the
jurisdiction where Employee is employed or the terms of Employee’s employment agreement, if any), and (ii) when he or she is no longer actively employed by a corporation, or a parent or subsidiary thereof, substituting a new right for
these Restricted Shares (or assuming these Restricted Shares) in connection with a merger, consolidation, acquisition of property or stock, separation, split-up reorganization or liquidation (the “Termination Date”). Unless
otherwise determined by the Committee a leave of absence shall not constitute a termination of employment. The Committee shall have the exclusive discretion to determine when the Employee is no longer actively employed and the Termination Date for
purposes of this Agreement. 
 3. Voting and Dividend Rights. The Employee does not have the right to vote the Restricted
Shares or receive dividends prior to the date, if any, such Restricted Shares are paid to the Employee in the form of Common Stock pursuant to the terms hereof. However, the Employee shall 

  
 1 

 
receive cash payments (less applicable Tax-Related Items (as defined below) withholding) in lieu of dividends otherwise payable with respect to shares of Common Stock equal in number to the
Restricted Shares that have not been forfeited. Such payments will be made (by regularly scheduled payroll or otherwise) as soon as practicable on or after the date on which such dividends are paid (and in no event later than 30 days after the date
on which such dividends are paid). 
 4. Transfer Restrictions. This Award and the Restricted Shares are non-transferable
and may not be assigned, hypothecated or otherwise pledged and shall not be subject to execution, attachment or similar process. Upon any attempt to effect any such disposition, or upon the levy of any such process, the Award shall immediately
become null and void and the Restricted Shares shall be forfeited. These restrictions shall not apply, however, to any payments received pursuant to Section 7 below. 
 5. Withholding Taxes. The Employee acknowledges that, regardless of any action taken by the Company or, if different, the Employee’s employer (the “Employer”), the ultimate
liability for all income tax, social insurance, payroll tax, fringe benefits tax, payment on account or other tax-related items related to the Employee’s participation in the Plan and legally applicable to the Employee (“Tax-Related
Items”), is and remains the Employee’s responsibility and may exceed the amount actually withheld by the Company or the Employer. The Employee further acknowledges that the Company and/or the Employer (a) make no representations
or undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of the Award, including the grant, vesting or payment of the Award, the receipt of any dividends or cash payments in lieu of dividends, or the subsequent
sale of shares of Common Stock; and (b) do not commit to and are under no obligation to structure the terms of the grant or any aspect of the Restricted Shares to reduce or eliminate the Employee’s liability for Tax-Related Items or
achieve any particular tax result. Further if the Employee becomes subject to any Tax-Related Items in more than one jurisdiction between the date of grant and the date of any relevant taxable event, the Employee acknowledges that the Company and/or
the Employer (or former employer, as applicable) may be required to withhold or account for (including report) Tax-Related Items in more than one jurisdiction. 
 The Company may refuse to issue or deliver shares of Common Stock upon vesting of the Restricted Shares if Employee fails to comply with his or her Tax-Related Items obligations or the Company has not
received payment in a form acceptable to the Company for all applicable Tax-Related Items, as well as amounts due to the Company as “theoretical taxes”, if applicable, pursuant to the then-current international assignment and tax
and/or social insurance equalization policies and procedures of the Kraft Foods Group, or arrangements satisfactory to the Company for the payment thereof have been made. 
 In this regard, the Employee authorizes the Company and/or the Employer, in their sole discretion and without any notice or further authorization by the Employee, to withhold all applicable Tax-Related
Items legally due by the Employee and any theoretical taxes from the Employee’s wages or other cash compensation paid by the Company and/or the Employer or from proceeds of the sale of the shares of Common Stock issued upon vesting of the
Restricted Shares. Alternatively, or in addition, the Company may (i) deduct the number of Restricted Shares having an aggregate value equal to the amount of Tax-Related Items and any theoretical taxes due from the total number of Restricted
Shares awarded, vested, paid or otherwise becoming subject to current taxation; (ii) instruct the broker whom it has selected for this purpose (on the Employee’s behalf and at the Employee’s direction pursuant to this authorization)
to sell any shares of Common Stock that the Employee acquires upon vesting of the Restricted Shares to meet the Tax-Related Items withholding obligation and any theoretical taxes, except to the extent that such a sale would violate any U.S. Federal
Securities law or other applicable law; and/or (iii) satisfy the Tax-Related Items and any theoretical taxes arising from the granting or vesting of this Award, as the case may be, through any other method established by the Company.
Notwithstanding the foregoing, if the Employee is subject to the short-swing profit rules of Section 16(b) of the Exchange Act, the 

  
 2 

 
Employee may elect the form of withholding in advance of any Tax-Related Items or any theoretical taxes withholding event and in the absence of the Employee’s election, the Company will
withhold in Restricted Shares upon the relevant withholding event or the Committee may determine that a particular method be used to satisfy any required withholding. If the obligation for Tax-Related Items and/or any theoretical taxes is satisfied
by withholding in Restricted Shares, for tax purposes, the Employee is deemed to have been issued the full number of shares underlying the Award, notwithstanding that a number of Restricted Shares are held back solely for the purpose of paying the
Tax-Related Items and/or any theoretical taxes due as a result of any aspect of the Employee’s participation in the Plan. 

To avoid any negative accounting treatment, the Company may withhold or account for Tax-Related Items or theoretical taxes by considering
applicable minimum statutory withholding amounts (in accordance with Section 13(d) of the Plan) or other applicable withholding rates. If the obligation for Tax-Related Items is satisfied by withholding in Restricted Shares, for tax purposes,
the Employee is deemed to have been issued the full number of shares of Common Stock underlying the Award, notwithstanding that a number of Restricted Shares are held back solely for the purpose of paying the Tax-Related Items due as a result of any
aspect of the Employee’s participation in the Plan. 
 Finally, the Employee agrees to pay to the Company or the Employer
any amount of Tax-Related Items and any theoretical taxes that the Company or the Employer may be required to withhold or account for as a result of the Employee’s participation in the Plan that cannot be satisfied by the means previously
described. 
 6. Death of Employee. If any of the Restricted Shares shall vest upon the death of the Employee, any Common
Stock received in payment of the vested Restricted Shares shall be registered in the name of and delivered to the estate of the Employee. 
 7. Payment of Restricted Shares. Each Restricted Share granted pursuant to this Award represents an unfunded and unsecured promise of the Company to issue to the Employee, on or as soon as
practicable, but not later than 30 days, after the date the Restricted Share becomes fully vested pursuant to Section 1 or 2 and otherwise subject to the terms of this Agreement (including the country-specific terms set forth in Appendix A to
this Agreement), the value of one share of the Common Stock. Except as otherwise expressly provided and subject to the terms of this Agreement (including Appendix A hereto), such issuance shall be made to the Employee (or, in the event of his or her
death to the Employee’s estate or beneficiary as provided above) only in the form of shares of Common Stock as soon as practicable following the full vesting of the Restricted Share pursuant to Section 1 or 2. 

8. Special Payment Provisions. Notwithstanding anything in this Agreement to the contrary, if the Employee (i) is subject to
U.S. Federal income tax on any part of the payment of the Restricted Shares, (ii) is a “specified employee” within the meaning of Section 409A(a)(2)(B) of the Internal Revenue Code (the “Code”), and (iii) will
become eligible for Normal Retirement (A) for Restricted Shares with a Vesting Date between January 1 and March 15, before the calendar year preceding the Vesting Date and (B) for Restricted Shares with a Vesting Date after
March 15, before the calendar year in which such Vesting Date occurs, then any payment of Restricted Shares under Section 7 that is on account of his separation from service within the meaning of Section 409A(a)(2)(A)(i) of the Code
shall be delayed until six months following such separation from service. In addition, if such an Employee is not vested in his Restricted Shares, and the Employee (i) becomes eligible for Normal Retirement while employed by a subsidiary or
affiliate of the Company that would not be a “service recipient” with respect to the Award within the meaning of the regulations under Section 409A of the Code or (ii) becomes eligible for Normal Retirement and subsequently
transfers to a subsidiary or affiliate of the Company that would not be a “service recipient” with respect to the Award within the meaning of the regulations under Section 409A of the Code, then the Employee’s Restricted Shares
shall be paid to 

  
 3 

 
the Employee at such time in accordance with Section 7 (based on the value of shares of Common Stock at the time of payment), subject to a six-month delay from the date treated as a
separation from service within the meaning of Section 409A(a)(2)(A)(i) of the Code. 
 9. Original Issue or Transfer
Taxes. The Company shall pay all original issue or transfer taxes and all fees and expenses incident to such delivery, except as otherwise provided in Section 5. 
 10. Agreement Subject to the Plan. This Agreement is subject to the provisions of the Plan and shall be interpreted in accordance therewith. To the extent any provision of this Agreement is
inconsistent or in conflict with any term or provision of the Plan, the Plan shall govern. The Employee hereby acknowledges receipt of a copy of the Plan. 
 11. Award Confers No Rights to Continued Employment. Nothing contained in the Plan shall give any employee the right to be retained in the employment of the Kraft Foods Group or affect the right of
any such employer to terminate any employee. 
 12. Nature of Grant. In accepting the Restricted Shares, the Employee
acknowledges, understands, and agrees that: 
 (a) the Plan is established voluntarily by the Company, it is discretionary in
nature and it may be modified, amended, suspended or terminated by the Company at any time, to the extent permitted by the Plan; 
 (b) the award of Restricted Shares is voluntary and occasional and does not create any contractual or other right to receive future Awards of, or benefits in lieu of Restricted Shares, even if Restricted
Shares have been awarded in the past; 
 (c) all decisions with respect to future awards, if any, will be at the sole discretion
of the Committee; 
 (d) the Employee’s participation in the Plan is voluntary; 

(e) the Restricted Shares and the shares of Common Stock subject to the Restricted Shares are not intended to replace any pension rights
or compensation; 
 (f) the Award of Restricted Shares and the shares of Common Stock subject to the Restricted Shares and the
income and the value of the same are not part of normal or expected compensation for purposes of calculating any severance, resignation, termination, redundancy, dismissal, end-of-service payments, bonuses, long-service awards, pension, retirement
or welfare benefits; 
 (g) the future value of the underlying shares of Common Stock is unknown, indeterminable and cannot be
predicted with certainty; 
 (h) no claim or entitlement to compensation or damages shall arise from forfeiture of the
Restricted Shares resulting from the termination of the Employee’s employment by the Company or the Employer (for any reason whatsoever, whether or not later found to be invalid or in breach of employment laws in the jurisdiction where the
Employee is employed or the terms of his or her employment agreement, if any), and in consideration of the Award to which the Employee is otherwise not entitled, the Employee irrevocably agrees never to institute any claim against the Company, any
of its subsidiaries or affiliates, or the Employer, waives his or her ability, if any, to bring any such claim, and releases the Company, its subsidiaries and affiliates, and the Employer from any such claim; if,

  
 4 

 
notwithstanding the foregoing, any such claim is allowed by a court of competent jurisdiction, then, by participating in the Plan, the Employee shall be deemed irrevocably to have agreed not to
pursue such claim and agrees to execute any and all documents necessary to request dismissal or withdrawal of such claim; 
 (i)
the Company is not providing any tax, legal or financial advice, nor is the Company making any recommendations regarding the Employee’s participation in the Plan or Employee’s acquisition or sale of the underlying shares of Common Stock;

 (j) the Employee is hereby advised to consult with the Employee’s own personal tax, legal and financial advisors
regarding the Employee’s participation in the Plan before taking any action related to the Plan; 
 (k) the award of
Restricted Shares and the benefits evidenced by this Agreement do not create any entitlement, not otherwise specifically provided for in the Plan or determined by the Company in its discretion, to have the Restricted Shares or any such benefits
transferred to, or assumed by, another company, or to be exchanged, cashed out or substituted for, in connection with any corporate transaction affecting the Company’s Common Stock; and 

(l) the following provisions apply only if the Employee is providing services outside the United States: 

(A) the Restricted Shares and the shares of Common Stock subject to the Restricted Shares are not part of normal or expected compensation
or salary for any purpose; and 
 (B) neither the Company, the Employer nor any member of the Kraft Foods Group shall be liable
for any foreign exchange rate fluctuation between the Employee’s local currency and the United States Dollar that may affect the value of the Restricted Shares or any shares of Common Stock delivered to the Employee upon vesting of the
Restricted Shares or of any proceeds resulting from the Employee’s sale of such shares. 
 13. Data
Privacy. The Employee hereby explicitly and unambiguously consents to the collection, use and transfer, in electronic or other form, of his or her personal data as described in this Agreement (“Data”) by and among, as necessary
and applicable, the Employer, the Company and its subsidiaries or affiliates for the exclusive purpose of implementing, administering and managing Employee’s participation in the Plan. 

The Employee understands that the Company and the Employer may hold certain personal information about him or her, including, but
not limited to, the Employee’s name, home address and telephone number, date of birth, social security or insurance number or other identification number, salary, nationality, and job title, any shares of stock or directorships held in the
Company, and details of the Restricted Shares or any other entitlement to shares of Common Stock, canceled, vested, unvested or outstanding in the Employee’s favor, for the purpose of implementing, administering and managing the Plan.

 Employees residing outside the U.S. should understand the following: Data will be transferred to UBS Financial
Services (“UBS”), or such other stock plan service provider as may be selected by the Company in the future, which is assisting the Company with the implementation, administration and management of the Plan. The Employee understands
that Data may also be transferred to the Company’s independent registered public accounting firm, PricewaterhouseCoopers LLP, or such other public accounting firm that may be engaged by the Company in the future. The Employee

  
 5 

 
understands that the recipients of the Data may be located in the United States or elsewhere, and that the recipients’ country (e.g., the United States) may have different data privacy laws
and protections than Employee’s country. The Employee understands that if he or she resides outside the United States, the Employee may request a list with the names and addresses of any potential recipients of the Data by contacting the
Employee’s local human resources representative. The Employee authorizes the Company, UBS and any other possible recipients which may assist the Company (presently or in the future) with implementing, administering and managing the Plan to
receive, possess, use, retain and transfer the Data, in electronic or other form, for the sole purpose of implementing, administering and managing the Employee’s participation in the Plan. The Employee understands that Data will be held only as
long as is necessary to implement, administer and manage the Employee’s participation in the Plan. The Employee understands that if he or she resides outside the United States, the Employee may, at any time, view Data, request additional
information about the storage and processing of Data, require any necessary amendments to Data or refuse or withdraw the consents herein, in any case without cost, by contacting in writing the Employee’s local human resources representative.
Further, the Employee understands that the Employee is providing the consents herein on a purely voluntary basis. If the Employee does not consent, or if the Employee later seeks to revoke his or her consent, the Employee’s employment status or
service and career with the Employer will not be adversely affected; the only adverse consequence of refusing or withdrawing the Employee’s consent is that the Company would not be able to grant the Employee Restricted Shares or other equity
awards or administer or maintain such awards. Therefore, the Employee understands that refusing or withdrawing his or her consent may affect the Employee’s ability to participate in the Plan. For more information on the consequences of the
Employee’s refusal to consent or withdrawal of consent, the Employee understands that he or she may contact the Employee’s local human resources representative. 

14. Electronic Delivery and Acceptance. The Company may, in its sole discretion, decide to deliver any documents related to
current or future participation in the Plan by electronic means or request the Employee’s consent to participate in the Plan by electronic means. The Employee hereby consents to receive such documents by electronic delivery and agrees to
participate in the Plan through an on-line or electronic system established and maintained by the Company or a third party designated by the Company. 
 15. Language. If the Employee has received this Agreement or any other document related to the Plan translated into a language other than English and if the meaning of the translated version is
different from the English version, the English version will control. 
 16. Interpretation. The Committee shall have the
right to resolve all questions which may arise in connection with the Award, including whether the Employee is no longer actively employed. Any interpretation, determination or other action made or taken by the Committee regarding the Plan or this
Agreement shall be final, binding and conclusive. This Agreement shall be binding upon and inure to the benefit of any successor or successors of the Company and any person or persons who shall acquire any rights hereunder in accordance with this
Agreement, the Award Statement or the Plan. 
 17. Governing Law. This Agreement shall be governed by the laws of the
Commonwealth of Virginia, U.S.A., without regard to choice of laws principles thereof. This Agreement shall be interpreted and construed in a manner that avoids the imposition of taxes and other penalties under Section 409A of the Code, if
applicable. Notwithstanding the foregoing, under no circumstances shall any member of the Kraft Foods Group be responsible for any taxes, penalties, interest or other losses or expenses incurred by the Employee due to any failure to comply with
Section 409A of the Code. 
 18. Miscellaneous. In the event of any merger, share exchange, reorganization,
consolidation, recapitalization, reclassification, distribution, stock dividend, stock split, reverse stock 

  
 6 

 
split, split-up, spin-off, issuance of rights or warrants or other similar transaction or event affecting the Common Stock after the date of this Award, the Committee shall make adjustments to
the number and kind of shares of Common Stock subject to this Award, including, but not limited to, the substitution of equity interests in other entities involved in such transactions, to provide for cash payments in lieu of Restricted Shares, and
to determine whether continued employment with any entity resulting from such a transaction will or will not be treated as continued employment with any member of the Kraft Foods Group, in each case subject to any Committee action specifically
addressing any such adjustments, cash payments, or continued employment treatment. 
 For purposes of this Agreement,
(a) the term “Disability” means permanent and total disability as determined under procedures established by the Company for purposes of the Plan, and (b) the term “Normal Retirement” means retirement from
active employment, in circumstances that constitute a “separation from service” for purposes of Section 409A of the Code, under a pension plan of the Kraft Foods Group or under an employment contract with any member of the Kraft Foods
Group, on or after the date specified as the normal retirement age in the pension plan or employment contract, if any, under which the Employee is at that time accruing pension benefits for his or her current service (or, in the absence of a
specified normal retirement age, the age at which pension benefits under such plan or contract become payable without reduction for early commencement and without any requirement of a particular period of prior service). In any case in which
(i) the meaning of “Normal Retirement” is uncertain under the definition contained in the prior sentence, an Employee’s termination shall be treated as Normal Retirement as the Committee, in its sole discretion, deems equivalent
to retirement. As used herein, “Kraft Foods Group” means Kraft Foods Group, Inc. and each of its subsidiaries and affiliates. For purposes of this Agreement, (x) a “subsidiary” includes only any company in
which the applicable entity, directly or indirectly, has a beneficial ownership interest of greater than 50 percent and (y) an “affiliate” includes only any company that (A) has a beneficial ownership interest, directly or
indirectly, in the applicable entity of greater than 50 percent or (B) is under common control with the applicable entity through a parent company that, directly or indirectly, has a beneficial ownership interest of greater than 50 percent in
both the applicable entity and the affiliate. 
 19. Compliance with Law. Notwithstanding any other provision of the Plan
or this Agreement, unless there is an available exemption from any registration, qualification or other legal requirement applicable to the shares of Common Stock, the Company shall not be required to deliver any shares issuable upon settlement of
the Restricted Shares prior to the completion of any registration or qualification of the shares of Common Stock under any local, state, federal or foreign securities or exchange control law or under rulings or regulations of the Commission or
of any other governmental regulatory body, or prior to obtaining any approval or other clearance from any local, state, federal or foreign governmental agency, which registration, qualification or approval the Company shall, in its absolute
discretion, deem necessary or advisable. The Employee understands that the Company is under no obligation to register or qualify the shares of Common Stock with the Commission or any state, provincial or foreign securities commission or to seek
approval or clearance from any governmental authority for the issuance or sale of the shares. Further, the Employee agrees that the Company shall have unilateral authority to amend the Plan and the Agreement without the Employee’s consent to
the extent necessary to comply with securities or other laws applicable to issuance of shares of Common Stock. 
 20.
Agreement Severable. In the event that any provision in this Agreement will be held invalid or unenforceable, such provision will be severable from, and such invalidity or unenforceability will not be construed to have any effect on, the
remaining provisions of this Agreement. 
 21. Headings. Headings of paragraphs and sections used in this Agreement are
for convenience only and are not part of this Agreement, and must not be used in construing it. 

  
 7 

 22. Imposition of Other Requirements. The Company reserves the right to impose other
requirements on the Employee’s participation in the Plan, on the Restricted Shares and on any shares of Common Stock acquired under the Plan, to the extent the Company determines it is necessary or advisable in order to comply with laws in the
country where the Employee resides regarding the issuance of shares of Common Stock, or to facilitate the administration of the Plan, and to require the Employee to sign any additional agreements or undertakings that may be necessary to accomplish
the foregoing. 
 23. Appendix A. Notwithstanding any provisions in this Agreement, the Restricted Shares shall be
subject to any special terms set forth in the Appendix A to this Agreement for Employee’s country. Moreover, if Employee relocates to one of the countries included in the Appendix, the special terms for such country will apply to Employee, to
the extent the Company determines that the application of such terms is necessary or advisable for legal or administrative reasons. The Appendix A constitutes part of this Agreement. 

24. Waiver. The Employee acknowledges that a waiver by the Company of 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 Employee or any other participant of the Plan. 
 IN WITNESS WHEREOF, this Restricted Stock Unit Agreement has been duly executed as of             , 2012. 

 

	
	KRAFT FOODS GROUP, INC.
	
	Diane Johnson May
	Executive Vice President, Human Resources

  
 8 

 APPENDIX A 

ADDITIONAL TERMS AND CONDITIONS OF THE 
 KRAFT FOODS GROUP, INC. 
 2012 PERFORMANCE INCENTIVE PLAN 

GLOBAL RESTRICTED STOCK UNIT AGREEMENT 
 TERMS AND CONDITIONS 
 This Appendix A includes additional terms and conditions that
govern the Restricted Shares granted to the Employee under the Plan if he or she resides in one of the countries listed below at the time of grant. Certain capitalized terms used but not defined in this Appendix A have the meanings set forth in the
Plan and/or the Agreement. 
 NOTIFICATIONS 
 This Appendix A also includes information regarding exchange controls and certain other issues of which the Employee should be aware with respect to participation in the Plan. The information is based on
the securities, exchange control, and other laws in effect in the respective countries as of June 2012. Such laws are often complex and change frequently. As a result, the Company strongly recommends that the Employee not rely on the information in
this Appendix A as the only source of information relating to the consequences of his or her participation in the Plan because the information may be out of date at the time the Restricted Shares vest or the Employee sells shares of Common Stock
acquired under the Plan. 
 In addition, the information contained herein is general in nature and may not apply to the Employee’s
particular situation, and the Company is not in a position to assure the Employee of a particular result. Accordingly, the Employee is advised to seek appropriate professional advice as to how the relevant laws in his or her country may apply to the
Employee’s situation. 
 *** 

Finally, if the Employee is a citizen or resident of a country other than the one in which he or she is currently working, transfers employment after the
Restricted Shares are granted or is considered a resident of another country for local law purposes, the notifications contained herein may not be applicable to the Employee, and the Company shall, in its discretion, determine to what extent the
terms and conditions contained herein shall apply to the Employee. 
 CANADA 

TERMS AND CONDITIONS 
 Form of
Settlement. Restricted Shares granted to employees resident in Canada shall be paid in shares of Common Stock only. 
 Termination of
Employment Before Vesting Date. This provision supplements Section 2 of the Agreement: 
 Unless otherwise determined by the
Committee, the Employee shall not be considered actively employed during any notice period or period of pay in lieu of such notice required under any applicable law, 

  
 9 

 
including Canadian provincial employment law (including but not limited to statutory law, regulatory law and/or common law), or under any employment agreement. The Committee shall have the
exclusive discretion to determine when the Employee is no longer actively employed and the Termination Date for purposes of this Agreement. 

The following provisions apply for Employees resident in Quebec: 
 Data Privacy Notice and Consent. This provision supplements Section 13 of the Agreement: 
 The Employee hereby authorizes the Company and the Company’s representatives to discuss with and obtain all relevant information from all personnel, professional or not, involved in the
administration and operation of the Plan. The Employee further authorizes the Company and any subsidiary or affiliate and the administrator of the Plan to disclose and discuss the Plan with their advisors. The Employee further authorizes the Company
and any subsidiary or affiliate to record such information and to keep such information in his or her employee file. 
 Language Consent.
The parties acknowledge that it is their express wish that the Agreement, including this Appendix A, as well as all documents, notices, and legal proceedings entered into, given or instituted pursuant hereto or relating directly or indirectly
hereto, be drawn up in English. 
 Consentement relatif à la langue utilisée. Les parties reconnaissent avoir
exigé la rédaction en anglais de cette convention, ainsi que de tous documents, avis et procédures judiciaires, exécutés, donnés ou intentés en vertu de, ou liés directement ou indirectement
à, la présente convention. 
 NOTIFICATIONS 
 Securities Law Information. Upon issuance of the shares of Common Stock subject to the vested Restricted Shares, the Employee is permitted to sell shares of Common Stock acquired under the Plan
through the designated broker appointed under the Plan, if any, provided that the sale of shares of Common Stock takes place outside of Canada through the facilities of a stock exchange on which the shares are listed (i.e., the NASDAQ Global
Select Market). 
 UNITED STATES 
 NOTIFICATIONS 
 Exchange Control Information. United States persons who have
signature or other authority over, or a financial interest in, bank, securities or other financial accounts outside of the United States (including a non-U.S. brokerage account holding the shares of Common Stock or proceeds from the sale of
shares of Common Stock) must file a Foreign Bank and Financial Accounts Report (“FBAR”) with the United States Internal Revenue Service each calendar year in which the aggregate value of the accounts
exceeds $10,000. The FBAR must be on file by June 30 of each calendar year for accounts held in the previous year which exceed the aggregate value.

  
 10

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00214-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00214-of-00352.parquet"}]]