Document:

Consent of PricewaterhouseCoopers LLP

 Exhibit 10.2 
  
 CONSENT OF INDEPENDENT REGISTERED PUBLIC 
 ACCOUNTING FIRM 
  
 We
hereby consent to the incorporation by reference in the Registration Statement of Groupe Danone on Form S-8 (N° 333-100334) of our report dated May 12, 2006, relating to the Consolidated Financial Statements of DS Waters, LP which appears in
Groupe Danone’s Annual Report on Form 20-F for the year ended December 31, 2005. 
  
 

 
  
 Atlanta, Georgia 
 February 16, 20072006 Management Incentive Plan

 Exhibit 10.1 
 MANAGEMENT INCENTIVE PLAN (MIP) 
 Amended and Restated as of January 1, 2006 
  

	I.	Purposes of the Plan 

 The purposes of this
Amended and Restated Management Incentive Plan are: (a) to provide incentive for Participants to exert their best efforts to increase the profitability of the Company, (b) to attract and retain the best talent available, and (c) to
further align the interests of the participants and shareholders. The awards made under the Plan are not a form of deferred regular compensation with respect to the Participants’ normal performance of their regular duties, but are instead
intended to provide an incentive to achieve higher than expected levels of performance. 
  

	II.	Definitions 

  

	 	•	 	 Business 

 “Business” means
one of the Business Groups reporting to an Executive Officer 
  

	 	•	 	 Committee 

 “Committee”
means the Management Development and Compensation Committee of 
 the Company’s Board of Directors. 
  

	 	•	 	 Company 

 “Company” means
International Paper Company, a New York corporation, together 
 with its subsidiaries. 
  

	 	•	 	 Employees 

 “Employees”
means those persons who are full-time employees of the Company. 
  

	 	•	 	 Award Scale 

 “Award Scale”
means the conversion of the performance objective rating to a percent 
 of target award earned. 
  

	 	•	 	 Industry Financial Performance Peer Group 

 “Industry Financial Performance Peer Group” means that representative group of companies in the commodities and paper and forest products industries with which the Company competes, as determined from time to time by the Company,
listed in Appendix A. 
  

	 	•	 	 Participant 

 “Participant”
means a person who has been designated as a participant in the Plan, according to Section V. 

	 	•	 	 Performance Objective Rating 

 “Performance Objective Rating” means the percentage amount assigned to a 
 Performance Objective for a level of
achievement which translates to a percentage of the Target Award. 
  

	 	•	 	 Performance Objectives 

 “Performance Objectives” mean the measures developed around ROI, customer, operational excellence, and people or other objectives as identified by the Company 
 upon which awards may be earned. 
  

	 	•	 	 Plan 

 “Plan” means this
Amended and Restated Management Incentive Plan, as may be 
 amended from time to time. 
  

	 	•	 	 Plan Year 

 “Plan Year”
means the twelve month period corresponding to the Company’s fiscal 
 year. 
  

	 	•	 	 Return on Investment/ROI 

 “Return on Investment” or “ROI” means earnings before interest and after taxes 
 divided by
capital employed, with or without the effect of cyclical product pricing. 
  

	 	•	 	 Target Award 

 “Target
Award” means an amount equal to the percentage of salary range midpoint 
 applicable to the actual position level of
each Participant, shown in Appendix B. 
  

	III.	Plan Description 

 The Plan is an annual cash
incentive plan developed around the achievement of pre-established Return on Investment (ROI) measures and appropriate key performance objectives promoting Customers, Operational Excellence, and People and funded by the Company’s level of
performance against those objectives. Total awards cannot exceed the amount funded for the MIP pool generated by overall corporate performance and approved by the Committee. 
  

	IV.	Administration of the Plan 

 The Plan
operates at the discretion of the Committee. The Committee may exercise considerable discretion and judgment in interpreting the Plan, and adopting, from time to time, rules and regulations that govern the administration of the Plan. 
 The Committee delegates authority to the Chairman and Chief Executive Officer or his designee, for the day-to-day administration of the Plan, except for
any participant considered an Officer/Insider of the Company or those designated as corporate Senior Vice President or higher. 

 Decisions of the Committee are final, conclusive and binding on all parties, including the Company, its
shareholders, and employees. 
  

	V.	Participation in the Plan 

 Participants in
the Plan are limited to employees of the Company, whose position level is 14—43 and are considered to have a meaningful impact on the Company’s performance as determined by the Chairman and Chief Executive Officer or his designee. They
must be full-time, and actively employed during the plan year January 1 – December 31, 2006. If an employee moves into a MIP eligible position during the plan year then they will be eligible for a prorated award. If an employee moves
from one MIP eligible position to another their full award is based on the PL as of December 31. 
 Employees who are eligible for
participation in any other annual, recurring variable cash compensation plan of the Company are not eligible for participation in this Plan. Participation in this Plan, or receipt of an award under this Plan, does not give a Participant or Employee
any right to a subsequent award, nor any right to continued employment by the Company for any period. 
  

	VI.	Award Pool and Award Scale  

 A.
Pool 
 The Company must achieve at least a minimum level of performance in order to fund the award pool. The total corporate award
pool will be determined by corporate performance defined as: 
  

	 	•	 	 30% Weight: Improvement of Return on Investment (ROI), including the effects of cyclical product pricing. 

  

				
	 Achievement of Objective
	  	% of Target Award	 
	 125%
	  	225	%
	 100%
	  	100	%
	 70%
	  	50	%
	 Below 70%
	  	0	%

  

	 	•	 	 50% Weight: Return on Investment as compared to Industry Financial Performance Peer Group rank. 

  

				
	 Rank
	  	% of Target Award	 
	 1
	  	225	%
	 2
	  	175	%
	 3
	  	150	%
	 4
	  	125	%
	 5
	  	100	%
	 6
	  	50	%
	 7-11
	  	0	%

	 	•	 	 20% Weight: Key Company Drivers: People, Customers, and Operational Excellence. 

  

	 	•	 	 5% Aggregate Weighted Customer Objectives 

  

	 	•	 	 5% Aggregate Weighted Operational Excellence Objectives 

  

	 	•	 	 5% Aggregate Weighted Global Employee Survey Objectives 

  

	 	•	 	 5% Aggregate Weighted Diversity Objectives 

  

			
	 Improvement Goal
	  	% of Target Award
	100% or Higher	  	100%
	70%	  	70%
	Below 70%	  	0%

 B. Business Objectives 
  

	 	•	 	 Business objectives must reflect the 80/20 ratio of financial to non-financial objectives. Non-Financial objectives should include specific goals under each of the
major performance drivers of People, Customers, and Operational Excellence, and weighted as appropriate for the specific business, but not to exceed 20% of the overall business award. 

  

	 	•	 	 The business performance achievement percentage may be modified by the Chairman and Chief Executive Officer to ensure that the overall MIP award pool is not
exceeded. 

 C. Performance Objective Rating 
 Each performance objective will be evaluated at the end of the plan year and assigned a rating representing the level at which the objective was achieved.
Ratings will be assigned by appropriate management levels for final review and approval by the Chairman and Chief Executive Officer before submitting to the Committee for final approval. In connection with Company ROI and Competitive ROI, the
Committee may take into account, without limitation, such items as unforeseen changes in economic conditions. Overall MIP awards may be reduced for deteriorating safety performance, negative ROI results or insufficient corporate cash flow to fund
the MIP pool. 
  

	VII.	Allocation of Incentive Compensation Pools Among Business/Corporate Staff Units:  

 Pool amounts available under the MIP for payment of individual awards will be earned and allocated to Corporate and Business Participants based upon:

 A. Corporate Level Participants 
 Excutive Officers and all Corporate Staff members not specifically assigned to a business are considered corporate participants. As such, these
participants’ award pool is based: 
  

	 	•	 	 100% upon Achievement of Corporate Objectives. 

 B. Business Level Participants 
 Participants other than Executive Officers or Corporate Staff
members and whose primary responsibilities rest within a business unit are considered Business Participants. As such, these participants’ award pool is based: 
  

	 	•	 	 50% upon Corporate Objectives 

	 	•	 	 50% upon Business Objectives. 

  

	VIII.	Award Recommendations. 

 A.
Recommendations 
 The Chairman and Chief Executive Officer will submit to the Committee at the end of each Plan Year individual
award recommendations for participants considered Elected Officers and an aggregate award amount for all other participants. The Committee will recommend to the independent members of the Board the award to the Chief Executive Officer and any other
employee-director. 
 B. Granting of Awards 
 The Committee, in its sole discretion, may approve, revise or disapprove any recommended award to an Elected Officer as it deems appropriate. Any award to the Chief Executive Officer or any other employee-director
will be subject to approval by the independent members of the Board of Directors of the Company. 
 C. Death, Disability or Retirement
of a Participant 
 A Participant whose employment terminates during a Plan Year because of death, disability or retirement (or who is
granted a leave of absence) may, at the discretion of the Committee and under such rules as the Committee may from time to time prescribe, be eligible for consideration for a pro-rata award based on the period of active employment during the Plan
Year. If a Participant’s employment with the Company is terminated for any reason other than death, disability, retirement, signed severance agreement, or the grant of a leave of absence, prior to actual payment of an award, such award will be
canceled and the Participant will have no right to receive payment. 
  

	IX.	Method and Time of Payment of Awards 

 A.
Type of Payment 
 As soon as practical after an individual incentive award under this Plan has been approved by the Committee (or
approved by the independent members of the Board of Directors with respect to an award to the Chief Executive Officer or any other employee-director), the award will be paid to the Participant in cash unless the Participant has elected to defer
payment as described in Article IX(C). 

 B. Payment to Beneficiaries 
 If a Participant dies prior to receipt of an approved award under the Plan, the award will be paid to such beneficiary or beneficiaries as the Participant
has designated in writing. The beneficiary designation will state whether payment will be made in a lump-sum or in quarterly installments over a specified period of time (not to exceed forty calendar quarters). If a Participant dies without having a
filed a beneficiary designation, the award will be paid in a lump-sum to the Participant’s estate. 
 C. Deferral of
Payment 
 Any Participant, PL18 or higher, may elect to defer payment, not to exceed 85%, of any award under this Plan by filing an
irrevocable Election to Defer Payment with the Company by a date determined by the Company. Awards or portions elected to be deferred will be invested in accounts under the Company’s savings plans as directed by the participants. 
  

	X.	Modification, Suspension or Termination of Plan 

 The Committee may at any time suspend, terminate, modify or amend any or all of the provisions of this Plan. 
  

	XI.	Governing Law 

 The Plan is governed by the
laws of the State of New York. 
  

	XII.	Tax Withholding 

 The Company will deduct
from any award made under the Plan, a sufficient amount to cover withholding of any federal, state, local or foreign jurisdiction taxes required by law, or to take such other action as may be necessary to satisfy any such withholding obligations.
Effective January 1, 2006, all supplemental income in excess of $1,000,000 will be taxed at a federal rate of 35%. 
  

	XIII.	Non-Transferability of Award 

 No award,
under this Plan, and no rights or interests therein, will be assignable or transferable by a Participant (or legal representative). 
  

	XIV.	Effective Date 

 This Plan is effective as of
January 1, 2006 and continues until terminated, suspended, modified, or amended. 

 Appendix A 
 Industry Financial Performance 
 Peer Group 
  

	 	•	 	 Bowater 

  

	 	•	 	 Domtar 

  

	 	•	 	 MeadWestvaco 

  

	 	•	 	 M-Real 

  

	 	•	 	 Packaging Corporation of America 

  

	 	•	 	 SAPPI 

  

	 	•	 	 Smurfit Stone 

  

	 	•	 	 Stora Enso 

  

	 	•	 	 UPM 

  

	 	•	 	 Weyerhaeuser 

 Appendix B 
 Management Incentive Plan (MIP) 
 Target Awards 
  

			
	 Position Level
	 	Target Award (% of Midpoint)
	43	 	100%
	42	 	90%
	41	 	85%
	40	 	85%
	39	 	80%
	38	 	80%
	37	 	75%
	36	 	75%
	35	 	70%
	34	 	70%
	33	 	65%
	32	 	65%
	31	 	60%
	30	 	55%
	29	 	50%
	28	 	50%
	27	 	45%
	26	 	45%
	25	 	40%
	24	 	40%
	23	 	35%
	22	 	30%
	21	 	30%
	20	 	25%
	19	 	25%
	18	 	20%
	17	 	20%
	16	 	20%
	15	 	15%
	14	 	15%

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