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Exhibit 10. (a)

WM. WRIGLEY JR. COMPANY

EXECUTIVE COMPENSATION DEFERRAL PROGRAM

(As Amended and Restated Effective January 1, 2008)

     Incorporated into and adopted under the Wm. Wrigley Jr. Company 1997 Management Incentive
Plan, 2007 Management Incentive Plan, and any successor thereto

     1. Purpose

     The purpose of this Wm. Wrigley Jr. Company Executive Compensation Deferral Program (the
“Deferral Program”) is to provide eligible executives of Wm. Wrigley Jr. Company (the “Company”),
or any corporation or other form of business association of which 50% or more of the shares or
other ownership interests are owned or controlled by the Company (each, a “Subsidiary”), with the
opportunity (i) to defer the receipt of all or any portion of their awards under the Company’s
Executive Incentive Compensation Program (the “EICP”), Long-Term Stock Grant Program (the “LTSG
Program”) and Stock Award Program (the “SAP”) and (ii) effective January 1, 2006, to defer the
receipt of up to 25% of their base salary, to the extent such deferral amount exceeds the statutory
limits applicable to salary deferrals under the Wrigley Savings Plan, and to receive from the
Company related matching contributions. The amendment and restatement of the Deferral Program, as
set forth herein, shall be effective January 1, 2008.

     2. Eligibility

     Each executive of the Company or a Subsidiary who is eligible to receive an award under the
EICP, LTSG Program or SAP shall be eligible to defer all or any portion of such award in accordance
with Sections 3, 4 and 5, respectively, of the Deferral Program. In addition, each executive of the
Company or a Subsidiary who is employed in a grade level or position designated by the Compensation
Committee of the Board of Directors of the Company (the “Compensation Committee”) shall be eligible
to defer up to 25% of such executive’s base salary in accordance with Section 6 of the Deferral
Program. Each eligible executive who elects to participate in this Deferral Program shall be
referred to herein as a “Participant.”

     3. Deferral of EICP Awards

     (a) Deferral Election. Prior to the beginning of each calendar year, each
eligible executive may elect, in accordance with procedures prescribed by the Company, that
any
portion of the executive’s award under the EICP earned during such calendar year, up to 100%

of such award, be credited to an EICP Deferral Account maintained pursuant to Section 3(c). A
Participant’s deferral election with respect to awards under the EICP shall automatically
cease
upon such Participant’s termination of employment, such that any EICP award granted or settled
after the Participant’s termination of employment shall not be deferred under this Deferral
Program.

     (b) Investment Options. The amount of a Participant’s EICP award that is
deferred pursuant to Section 3(a) shall be credited to the Participant’s EICP Deferral Account
in
accordance with one of the following investment options, as specified by the Participant at
the

 

 

time of the deferral election, which in each case shall be expressed as a whole percentage of the
amount deferred:

	 	(i)	 	as share units (“Share Units”), each of which shall be
equivalent in value to a share of Common Stock of the Company (“Common
Stock”)); or
	 
	 	(ii)	 	as credits (“Investment Fund Credits”) equivalent in
value to amounts invested in any of the investment funds offered, from time to
time, to employees participating in the Wrigley Savings Plan, or in any other
or additional fund or funds as the Compensation Committee shall determine (each
an “investment Fund, ” and together the “Investment Funds”).

The Compensation Committee may, from time to time, in its discretion, prescribe minimum
deferral dollar amounts for purposes of this Section 3(b).

     (c) EICP Deferral Accounts. There shall be established for each Participant an account
to be designated as an EICP Deferral Account.

	 	(i)	 	Crediting of Deferrals. As soon as
administratively practicable after a Participant’s EICP award, or any portion
thereof, is earned under the EICP, the EICP Deferral Account of such
Participant shall be credited with an amount equal to the portion of the award
that the Participant has elected to defer.
	 
	 	(ii)	 	Share Units. To the extent a Participant has elected that amounts
be
credited to his or her EICP Deferral Account as Share Units, the number of
such Share Units shall be determined on the basis of the price of Common
Stock on the New York Stock Exchange during such period immediately
preceding and/or immediately following the date or dates the Share Units are
to be credited, as the Compensation Committee shall determine. As soon as
administratively practicable following the payment date of any dividend on
Common Stock, the EICP Deferral Account of each Participant shall be
credited with dividend equivalents equal to the sum of all dividends that
such Participant would have received on such date had the Participant been
the owner of a number of shares of Common Stock equal to the number of Share
Units in the Participant’s EICP Deferral Account on the record date for such
dividend. The amount so credited shall be converted into additional Share
Units with the number of Share Units being determined on the basis of the
price of Common Stock on the New York Stock Exchange during such period
immediately preceding and/or immediately following the date or dates as of
which dividends are to be credited, as the Compensation Committee shall
determine.
	 
	 	(iii)	 	Investment Fund Credits. During such period as
Investment Fund Credits are credited to a Participant’s EICP Deferral Account,
the amount of such account allocated to each Investment Fund shall be credited
with interest

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	 	 	 	and earnings (including gains and losses) equivalent to the amount that would
have accrued during such period had the amount so credited been actually
invested in such Investment Fund.
	 
	 	(iv)	 	Fixed Money Credits. EICP awards deferred pursuant to a deferral
election made prior to December 20, 1991 may continue to be credited as fixed
money credits (credits in units of a dollar or a fraction thereof);
provided, however, that no election made on or after December 20,
1991 may specify that any portion of any deferred EICP award be credited as
fixed money credits. As of the end of each year during which fixed money
credits are credited to a Participant’s EICP Deferral Account, such account
shall be credited with interest equivalents at a rate (the “Applicable Rate”)
established by the Compensation Committee with respect to each calendar year
and communicated by the Compensation Committee to each Participant prior to
the time elections with respect to such calendar year are required to be made
pursuant to Section 3(a) above, compounded annually. Such interest
equivalents shall be converted into additional fixed money credits.

     (d) Changes in Investment Election. Each Participant may elect to transfer amounts
deferred as fixed money credits, Share Units or Investment Fund Credits into Share Units or
Investment Fund Credits, including transferring Investment Fund Credits from one Investment Fund to
a different Investment Fund; provided, however, that if the Participant is a person subject
to Section 16(b) (“Section 16(b)”) of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), then the Compensation Committee, in its discretion, may require that such election
be made at such time and in such manner as complies with the applicable provisions of Rule 16b-3
(“Rule 16b-3”) promulgated under Section 16(b), or any successor thereto, as in effect from time to
time. A transfer election pursuant to this Section 3(d) shall be made in accordance with procedures
prescribed by the Company. The Compensation Committee may, from time to time, discontinue any of
the investment options described in Section 3(b). In such event, the Participant shall elect in
accordance with procedures prescribed by the Company to transfer the amounts deferred in the
discontinued investment option to such other investment options as the Compensation Committee shall
make available at such time, In the event that the Participant fails to timely elect a new
investment option, such amounts shall be transferred to an investment option that the Compensation
Committee deems appropriate.

     4. Deferral of Long-Term Stock Grant Awards

     (a) Deferral Elections. Prior to the beginning of each performance cycle under the
LTSG Program which begins on or after January 1, 2006 (and prior to January 1, 2006 with respect to
each other performance cycle which has not ended prior to such date), each executive who is
eligible for an award under the LTSG Program may elect, in accordance with procedures prescribed by
the Company, that any portion of such award that is earned during such performance cycle, up to
100% of such award, be credited to an LTSG Deferral Account maintained pursuant to Section 4(b). A
Participant’s deferral election with respect to awards under the LTSG Program shall automatically
cease upon such Participant’s termination of

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employment, such that any LTSG awards granted or settled after the Participant’s termination of
employment shall not be deferred under this Deferral Program.

     (b) LTSG Deferral Accounts. There shall be established for each Participant an
account to be designated as an “LTSG Deferral Account.”

	 	(i)	 	Share Units. As soon as practicable after a
Participant’s LTSG award, or any portion thereof, is earned under the LTSG
Program, such Participant’s LTSG Deferral Account shall be credited with a
number of Share Units equal to the number of shares of Common Stock deferred
pursuant to such Participant’s deferral election. As soon as administratively
practicable following the payment date of any dividend on Common Stock, the
LTSG Deferral Account of each Participant shall be credited with dividend
equivalents equal to the sum of all dividends that such Participant would have
received on such date had the Participant been the owner of a number of shares
of Common Stock equal to the number of Share Units in the Participant’s LTSG
Deferral Account on the record date for such dividend. The amount so credited
shall be converted into additional Share Units with the number of Share Units
being determined on the basis of the price of Common Stock on the New York
Stock Exchange during such period immediately preceding and/or immediately
following the date or dates as of which dividends are to be credited, as the
Compensation Committee shall determine.
	 
	 	(ii)	 	Investment Fund Credits. To the extent that, in
accordance with Section 4(c), a Participant transfers any portion of his or her
LTSG Account from an amount deferred as Share Units to an amount deferred as
Investment Fund Credits, then during such period as Investment Fund Credits are
credited to a Participant’s LTSG Deferral Account, the amount of such account
allocated to each Investment Fund shall be credited with interest and earnings
(including gains and losses) equivalent to the amount that would have accrued
during such period had the amount so credited been actually invested in such
Investment Fund.

     (c) Change in Investment. Effective for performance cycles beginning on or after
January 1, 2002, each LTSG award deferred by a Participant hereunder must be credited to such
Participant’s LTSG Deferral Account as Share Units for a period of at least six months after
the
date the award is first credited to such Participant’s account. Thereafter, and at any time
for
LTSG awards earned in performance cycles beginning prior to January 1, 2002, each Participant
may elect to transfer amounts deferred as Share Units into Investment Fund Credits, to
transfer
Investment Fund Credits into Share Units, or to transfer Investment Fund Credits from one
Investment Fund to a different Investment Fund; provided, however, that if the
Participant is a
person subject to Section 16(b), then the Compensation Committee, in its discretion, may
require
that such election be made at such time and in such manner as complies with the applicable
provisions of Rule 16b-3. A transfer election pursuant to this Section 4(c) shall be made in
accordance with procedures prescribed by the Company. The Compensation Committee may,
from time to time, discontinue any of the investment options available under this Section 4.
In

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such event, the Participant shall elect in accordance with procedures prescribed by the Company to
transfer the amounts deferred in the discontinued investment option to such other investment
options as the Compensation Committee shall make available at such time, hi the event that the
Participant fails to timely elect a new investment option, such amounts shall be transferred to an
investment option that the Compensation Committee deems appropriate. For purposes of a transfer
election described in this Section, a Share Unit shall have a value equal to the price of Common
Stock on the New York Stock Exchange during such period immediately preceding and/or immediately
following the date of the transfer, as the Compensation Committee shall determine.

     5. Deferral of Stock Awards

     (a) Deferral Elections. Prior to the beginning of each calendar year, each
executive who is eligible for an award under the SAP may elect, in accordance with procedures
prescribed by the Company, that any portion of an SAP award earned during such calendar year,
up to 100% of such award, be credited to an SAP Deferral Account maintained pursuant to
Section 5(b). A Participant’s deferral election with respect to awards under the SAP shall
automatically cease upon such Participant’s termination of employment, such that any SAP
award granted or settled after the Participant’s termination of employment shall not be
deferred
under this Deferral Program.

     (b) SAP Deferral Accounts. There shall be established for each Participant an
account to be designated as an “SAP Deferral Account. “ As soon as practicable after a
Participant’s SAP award is earned under the SAP, such Participant’s SAP Deferral Account shall
be credited with a number of Share Units equal to the number of shares of Common Stock
deferred pursuant to such Participant’s deferral election. As soon as administratively
practicable
following the payment date of any dividend on Common Stock, the SAP Deferral Account of
each Participant shall be credited with dividend equivalents equal to the sum of all dividends
that
such Participant would have received on such date had the Participant been the owner of a
number of shares of Common Stock equal to the number of Share Units in the Participant’s SAP
Deferral Account on the record date for such dividend. The amount so credited shall be
converted into additional Share Units with the number of Share Units being determined on the
basis of the price of Common Stock on the New York Stock Exchange during such period
immediately preceding and/or immediately following the date or dates as of which dividends are
to be credited, as the Compensation Committee shall determine. The Compensation Committee
may at any time cause SAP Deferral Accounts to cease to be credited as Share Units, and
instead
to be deemed invested in such other investment options as the Compensation Committee shall
determine or make available from time to time.

     (c) Change in Investment. At any time following the termination of the
Participant’s employment with the Company, each Participant may elect to transfer amounts
deferred as Share Units into Investment Fund Credits; provided, however, that if the
Participant
is a person subject to Section 16(b), then the Compensation Committee, in its discretion, may
require that such election be made at such time and in such manner as complies with the applicable provisions of Rule 16b-3. A transfer election pursuant to this Section 5(c) shall be
made in
accordance with procedures prescribed by the Company. The Compensation Committee may,
from time to time, discontinue any of the investment options available under this Section 5.
In

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such event, the Participant shall elect in accordance with procedures prescribed by the Company to
transfer the amounts deferred in the discontinued investment option to such other investment
options as the Compensation Committee shall make available at such time. In the event that the
Participant fails to timely elect a new investment option, such amounts shall be transferred to an
investment option that the Compensation Committee deems appropriate. For purposes of a transfer
election described in this Section, a Share Unit shall have a value equal to the price of Common
Stock on the New York Stock Exchange during such period immediately preceding and/or immediately
following the date of the transfer, as the Compensation Committee shall determine.

     6. Deferral of Base Salary; Savings Plan Restoration

     (a) Deferral Election. Prior to the first day of each calendar year beginning on or
after January 1, 2006, each executive of the Company or a Subsidiary who is employed in a
grade level or position designated by the Company and is eligible to participate in the
Wrigley
Savings Plan shall be permitted to elect, in accordance with rules and procedures established
by
the Company, that a whole percentage, not in excess of 25%, of such Participant’s base salary
earned in such calendar year be credited to a Savings Restoration Account maintained by the
Company pursuant to Section 6(e) for the benefit of such executive (a “Salary Deferral”). In
order to elect a Salary Deferral for any subsequent calendar year, a Participant must make a
new
election prior to the calendar year for which the election is to be effective. In no event
shall a
Salary Deferral election apply to compensation payable for employment prior to the date on
which such election is received by the Company. Each Participant’s base salary shall be
reduced
by the amount of all Salary Deferrals made on his or her behalf.

     (b) Termination of Deferral Election. A Participant may elect to terminate all
future Salary Deferrals for a calendar year upon a demonstration to the satisfaction of the
Company that the continuation of such Salary Deferrals for the remainder of the calendar year
would cause the Participant to suffer an Unforeseeable Emergency, as defined in Section 7(d).
A
Participant who elects to terminate Salary Deferrals during a calendar year shall not be
permitted
to resume Salary Deferrals under the Deferral Program prior to the first day of the following
calendar year. No other changes may be made during a calendar year to the percentage of base
salary subject to a Participant’s Salary Deferral election.

     (c) Matching Contributions. The Savings Restoration Account of each
Participant who has elected Salary Deferrals for any calendar year shall be credited with
Company matching contributions (“Matching Contributions”) in an amount equal to the
matching contributions that would have been made on behalf of the Participant under the
Wrigley Savings Plan if the Salary Deferrals made pursuant to this Section 6 had constituted
Before-Tax Deposits under the Wrigley Savings Plan, but without regard to the limits imposed
under sections 402(g), 401(k)(3), 401(m)(2), 401(a)(17) and 415 of the Internal Revenue Code
of
1986, as amended (the “Code”).

     (d) Investment Options. Salary Deferrals and Matching Contributions shall be
credited to the Participant’s Savings Restoration Account as either Share Units or Investment

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Fund Credits, as specified by the Participant at the time of the deferral election, and expressed
as whole percentages of the amount deferred.

     (e) Savings Restoration Account. There shall be established for each Participant
an account to be designated as a Savings Restoration Account.

	 	(i)	 	Crediting of Salary Deferrals and Matching
Contributions. The Company shall credit Salary Deferrals, and related
Matching Contributions, to the Participant’s Savings Restoration Account within
a reasonable period following the date on which the Participant’s base salary
is reduced by the amount of such Salary Deferral.
	 
	 	(ii)	 	Share Units. To the extent that a Participant has
elected that amounts be credited to his or her Savings Restoration Account as
Share Units, the number of such Share Units shall be determined on the basis of
the price of Common Stock on the New York Stock Exchange during such period
immediately preceding and/or immediately following the date or dates the Share
Units are to be credited, as the Compensation Committee shall determine. As
soon as administratively practicable following the payment date of any dividend
on Common Stock, the Savings Restoration Account of each Participant shall be
credited with dividend equivalents equal to the sum of all dividends that such
Participant would have received on such date had the Participant been the owner
of a number of shares of Common Stock equal to the number of Share Units in the
Participant’s Savings Restoration Account on the record date for such dividend.
The amount so credited shall be converted into additional Share Units with the
number of Share Units being determined on the basis of the price of Common
Stock on the New York Stock Exchange during such period immediately preceding
and/or immediately following the date or dates as of which dividends are to be
credited, as the Compensation Committee shall determine.
	 
	 	(iii)	 	Investment Fund Credits. During such period as
Investment Fund Credits are credited to a Participant’s Savings Restoration
Account, the amount of such account allocated to each Investment Fund shall be
credited with interest and earnings (including gains and losses) equivalent to
the amount that would have accrued during such period had the amount so
credited been actually invested in such Investment Fund.

     (f) Changes in Investment Election. Each Participant may elect to transfer
amounts deferred as Share Units or Investment Fund Credits into Share Units or Investment
Fund Credits, including transferring Investment Fund Credits from one Investment Fund to a
different Investment Fund; provided, however, that if the Participant is a person
subject to
Section 16(b), then the Compensation Committee, in its discretion, may require that such
election be made at such time and in such manner as complies with the applicable provisions of
Rule 16b-3. A transfer election pursuant to this Section 6(f) shall be made in accordance with
procedures prescribed by the Company. The Compensation Committee may, from time to time,

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discontinue any of the investment options available under this Section 6. In such event, the
Participant shall elect in accordance with procedures prescribed by the Company to transfer the
amounts deferred in the discontinued investment option to such other investment options as the
Compensation Committee shall make available at such time, In the event that the Participant fails
to timely elect a new investment option, such amounts shall be transferred to an investment option
that the Compensation Committee deems appropriate.

     (g) Transfer of Salary Deferrals and Matching Contributions to the Wrigley Savings
Plan. Prior to the first day of each calendar year, each Participant who makes a Salary
Deferral election for such calendar year shall be deemed to have made an irrevocable election that
as of a date not later than two and one-half (21/2) months after the end of such
calendar year, such Participant’s Savings Restoration Account shall be reduced by an amount equal
to the Maximum Permissible Contribution, as defined below, and that an amount equal to the Maximum
Permissible Contribution be deferred as a Before-Tax Deposit under the Wrigley Savings Plan. For
purposes of this Section, a Participant’s “Maximum Permissible Contribution” with respect to a
calendar year shall be an amount equal to the lesser of:

	 	(i)	 	the maximum amount of Before-Tax Deposits which the
Participant could elect for such calendar year pursuant to the terms of the
Wrigley Savings Plan, including any catch-up contributions which the
Participant is eligible to elect under such plan; and
	 
	 	(ii)	 	the aggregate Salary Deferrals which the Participant
elected under this Deferral Program for such calendar year.

In addition, the Savings Restoration Account of a Participant shall be reduced by the amount of any
matching contribution allocated to such Participant’s matching contribution account under the
Wrigley Savings Plan with respect to such calendar year.

     7. Distribution of Deferral Program Accounts

     (a) Distributions Commencing Prior to January 1, 2005. If the distribution of any
account maintained on behalf of a Participant in the Deferral Program has commenced prior to
January 1, 2005, then the form of distribution elected by such Participant shall remain in
effect
with respect to such account.

     (b) Distribution of Grandfathered Accounts. Amounts credited to a Participant’s
EICP Deferral Account, LTSG Deferral Account and SAP Deferral Account as of December 31,
2004, and any earnings thereon, shall be payable pursuant to this Section 7(b).

	 	(i)	 	Effective with respect to amounts deferred pursuant to
deferral elections made after January 1, 1994, the Participant, prior to
January 1, 1995, has previously executed and filed a distribution election (the
“1995 Election)” that controls the distribution of (A) all amounts deferred
pursuant to deferral elections made after January 1, 1994, and (B) effective
January 1, 1997, all amounts deferred pursuant to deferral elections made prior
to January 1, 1994, in each case, unless a subsequent valid deferral election
is filed pursuant to clause (ii) below; provided, however, that, the
1995

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	 	 	 	Election shall not be effective with respect to a Participant’s prior
election regarding the timing and distribution of fixed money credits unless
the Participant elects to change such prior election.
	 
	 	(ii)	 	Distributions under this Section 7(b) shall begin as soon as
administratively practicable following the January 1 st specified in the
Participant’s deferral election, but may not begin earlier than as soon as
administratively practicable after the January 1st coincident with or next
following the termination of the Participant’s employment with the Company;
provided,  however, that in no event may distribution commence later
than as soon as administratively practicable after the January 1 st
coincident with or next following the date the Participant attains age 70.
Such payment shall be made, pursuant to the Participant’s election in the
deferral election, (x) in the form of a lump sum payment, (y) in
substantially equal annual installments over a period not to exceed the
number of whole years between the Participant’s termination of employment
and the Participant’s attainment of age 80, or (z) in any combination of (x)
and (y) above. A Participant may change his or her prior distribution
election at any time, and from time to time; provided,  however, that
any such distribution election shall not become effective until the first
anniversary of the date such distribution election is made; and
provided, further, that no distribution election with respect to the
distribution of amounts attributable to any deferral will be effective if
the Participant is, or is scheduled to be, receiving distributions with
respect to such deferral within one year following the date such subsequent
distribution election is made. In the event an election does not become
effective, the prior valid election of such Participant shall govern the
form and timing of distribution.
	 
	 	(iii)	 	Notwithstanding the foregoing, in the event that, with
respect to any deferred amount, (A) a Participant fails to timely elect the
form and/or timing of payment, (B) no valid election is filed with the Company,
or (C) the Participant has not filed a 1995 Election or any deferral election
subsequent thereto, such deferred amount shall be paid in 10 equal annual
installments commencing as soon as administratively practicable after the
January 1st coincident with or next following the earlier to occur of the
Participant’s termination of employment with the Company and the Participant’s
attainment of age 70.

     (c) Distribution of Non-Grandfathered Accounts. Amounts credited to a Participant’s
EICP Deferral Account, LTSG Deferral Account, SAP Deferral Account and Savings Restoration Account
on or after January 1, 2005, other than earnings credited pursuant to Section 7(b), shall be
payable pursuant to this Section 7(c).

	 	(i)	 	Initial Deferral Election. Upon the commencement of an eligible
executive’s participation in the Deferral Program, such executive shall
elect the time and form of distribution of all of such executive’s accounts

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	 	 	 	maintained under the Deferral Program; provided, however, that
executives who are Participants in the Deferral Program as of December 31,
2006 may elect the time and form of distribution of such accounts on or
before December 31, 2006.
	 
	 	(ii)	 	Time and Form of Distribution. A Participant may
elect to receive, or begin receiving, a distribution of his or her accounts
under the Deferral Program either (A) as of the attainment of any age, not
later than age 70, as designated by such Participant or (B) the six-month
anniversary of the termination of the Participant’s employment with the
Company; provided, however, that no such distribution shall be made or
begin earlier than the termination of the Participant’s employment with the
Company. Such payment shall be made, pursuant to the Participant’s election in
his or her distribution election, (x) in the form of a lump sum payment, (y) in
substantially equal annual installments over a period not to exceed 10 years,
or (z) in any combination of (x) and (y) above, and shall be made or begin as
of the January 1st or July 1st concurrent with or next
following the elected distribution date.
	 
	 	(iii)	 	Change in Distribution Election. A Participant
may change his or her prior distribution election at any time, and from time to
time; provided, however, that (A) no subsequent distribution election
shall become effective until the first anniversary of the date such subsequent
distribution election is made, (B) no subsequent distribution election shall be
effective if the Participant is, or is scheduled to be, receiving distributions
under the Deferral Program within one year following the date such subsequent
distribution election is made and (C) such subsequent distribution election
provides for payments to the Participant to be made or begin at least five
years later than the date on which such distribution was previously scheduled
to be made or begin, in accordance with section 409 A of the Code, In the event
an election does not become effective, the prior valid election of such
Participant shall govern the form and timing of distribution.
	 
	 	(iv)	 	Default Election. Notwithstanding the foregoing,
in the event that, with respect to any deferred amount, a Participant fails to
timely elect the form and/or timing of payment, such deferred amount shall be
paid in a lump sum payment as of the January 1st or July 1st coincident with or
next following the earlier to occur of the six-month anniversary of the
Participant’s termination of employment with the Company and the Participant’s
attainment of age 70.

     (d) Unforeseeable Emergency. If a Participant provides satisfactory evidence of an
Unforeseeable Emergency, the Participant may request a distribution of all or a portion of the
Participant’s deferral accounts maintained under the Deferral Program prior to the date on which
payments would have commenced under Section 7(b) or 7(c) hereof. An “Unforeseeable Emergency” shall
mean (i) a severe financial hardship to a Participant resulting from an illness

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or accident of the Participant, or the spouse or a dependent (as defined in section 152(a) of the
Code) of the Participant, (ii) the loss of a Participant’s property due to casualty or (iii) such
other similar extraordinary and unforeseeable circumstances arising as a result of events beyond
the control of the Participant. A distribution on account of an Unforeseeable Emergency shall be
limited to the amount reasonably necessary to satisfy the emergency need and shall be subject to
all other restrictions and limitations prescribed by section 409A of the Code.

     (e) Change in Control. Notwithstanding any other provision of this Section 7 to
the contrary, in the event of a change in control event, within the meaning of section 409A
of the
Code (a “Change in Control”), the Compensation Committee may, in its discretion and to the
extent permitted by section 409A of the Code, terminate the Deferral Program and accelerate
the
time or times for payment of all amounts credited to Participants’ accounts, provided that
such
accounts are distributed within 12 months after the date of such Change in Control. If the
provisions of this Section 7(e) become effective, each Participant will receive, with respect
to
any Share Units then credited to the Participant’s account, an amount equal to the number of
such units multiplied by a price per share equal to the greater of: (1) the average of the
daily
closing prices of Common Stock as reported for the calendar month next preceding such
acceleration date on the Composite Transactions Tape for securities listed on the New York
Stock Exchange; or (2) the highest outstanding tender offer price, if any, excepting any
tender
offer price by the Company.

     (f) Form and Amount of Payment. Subject to the provisions of Section 8 hereof,
the amount paid to the Participant, or in case of death, to the Participant’s Beneficiary, as
of any
payment date shall be equal to:

	 	(i)	 	with respect to fixed money credits: the dollar
amount, in cash, of all fixed money credits in respect of which payment is
to be made;

	 	(ii)	 	with respect to Share Units: shares of Common Stock,
equal to the number of all Share Units in respect of which payment is to be
made on such payment date or, in the sole discretion of the Compensation
Committee, a cash payment in lieu of shares of Common Stock. Except as provided
in Section 7(e), the value of each share of Common Stock for this purpose shall
be the price of Common Stock on the New York Stock Exchange during such period
immediately preceding the date or dates of distribution, as the Compensation
Committee shall determine; and

	 	(iii)	 	with respect to Investment Fund Credits: the value of the
Investment Fund Credits in cash.

     (g) As and when payment is made pursuant to this Section 7, there shall be
charged to and deducted from the Deferral Program accounts of the Participant a corresponding
number of Share Units, fixed money credits and Investment Fund Credits.

     8. Payment Upon the Death of a Participant

     Following the death of a Participant, distributions shall be made, or shall continue to be
made, as elected by the Participant, to the beneficiary designated in writing at any time or

11

 

from time to time by the Participant with the approval of the Company (a “Beneficiary”) or, failing
such a designation, to the spouse, children (per stirpes), parents or estate (in that order) of the
Participant (all such entities being herein included within the term “Beneficiary”). Such
distribution shall be made in the form and at such time as was applicable to the Participant;
provided, however, that the Participant’s Beneficiary may elect to receive the portion of
the Participant’s Deferral Program accounts that was credited on or before December 31, 2004, and
any earnings thereon, other than that portion of such accounts credited as fixed money credits, in
the form of an immediate lump-sum distribution. Notwithstanding the foregoing, in the event the
Participant dies prior to the distribution of any portion of the Participant’s Deferral Program
accounts credited as fixed money credits, the Participant’s Beneficiary shall receive, in a lump
sum, the amounts credited as fixed money credits increased to reflect interest equivalents at the
Applicable Rate, compounded annually for a guaranteed period from the date of the Participant’s
death until the date on which the Participant elected to commence distribution. For purposes of the
preceding sentence, an election to commence distribution upon the Participant’s termination of
employment shall be deemed to be an election to commence distribution when the Participant attains
age sixty-five (65), or if the Participant, at death, is sixty-five (65) or older, then one year
following such death. Payment shall commence as of the January 1st or July 1st next
following the date of the Participant’s death. If the Participant dies after payment has commenced,
the remainder of the Participant’s Deferral Program accounts credited as fixed money credits shall
continue to be paid to the Participant’s Beneficiary at the times and in the form of distribution
elected by the Participant.

     9. Forfeiture

     Notwithstanding any other provision of the Deferral Program to the contrary, in the event that
a Participant is discharged for reasons of, or voluntarily terminates after an incident of, proven
dishonesty, gross misconduct, fraud, embezzlement, theft, perpetration of a crime, or any similar
conduct or act, or in the event that any such conduct or act is discovered following the
Participant’s termination of service with the Company, the entire balance of the Participant’s
Deferral Program accounts may, at the discretion of the Compensation Committee, be forfeited.

     10. Unfunded Deferral Accounts. No funds, securities or other property of any
nature shall be segregated or earmarked for any current or former executive, Beneficiary or
other
person. Accordingly, no current or former Participant, Beneficiary or other person,
individually
or as a member of a group, shall have any right, title or interest in any Deferral Program
account,
in any fund or specific sum of money, in any asset or in any shares of stock which may be
acquired by the Company in respect of its obligations hereunder, the sole right of the
Participant
being to receive a distribution as a general creditor of the Company with an unsecured claim
against its general assets.

     11. Amendment. The Compensation Committee of the Board shall have the right
to amend the Deferral Program from time to time, except that no amendment shall reduce the
amount credited to a Participant’s accounts or change the timing of distributions in a manner
inconsistent with section 409A of the Code, without the consent of such Participant or, if the
Participant is deceased, his or her Beneficiary. Notwithstanding the foregoing, any amendment
to the Deferral Program that does not have a material effect on benefits to participants or on
costs

12

 

to the Company and either (a) is required or deemed advisable as the result of legislation or
regulation or (b) concerns solely routine ministerial or administrative matters instead may be
approved by the Benefits Committee of the Company, subject to final approval by the Chief Executive
Officer of the Company or by any other method as may be determined by the Compensation Committee
from time to time.

13

 

     12. General Provisions

     (a) Non-Alienation of Benefits. A Participant’s rights to the amounts credited to
his or her accounts under the Plan shall not be salable, transferable, pledgeable or otherwise
assignable, in whole or in part, by the voluntary or involuntary acts of any person, or by
operation of law, and shall not be liable or taken for any obligation of such person. Any such
attempted grant, transfer, pledge or assignment shall be null and void and without any legal
effect.

     (b) Withholding for Taxes. Notwithstanding anything contained in this Deferral
Program to the contrary, the Company and the Subsidiaries shall withhold from any distribution
made under the Deferral Program such amount or amounts as may be required for purposes of
complying with the tax withholding provisions of the Code or any applicable State law for
purposes of paying any tax attributable to any amounts distributable or creditable under the
Deferral Program. The Company may reduce a Participant’s accounts to reflect employment
taxes payable with respect to deferred compensation prior to termination of employment.

     (c) Plan Not to Affect Employment Relationship. Neither the adoption of the
Deferral Program nor its operation shall in any way affect the right and power of the Company
or
any Subsidiary to dismiss or otherwise terminate the employment or change the terms of the
employment or amount of compensation of any Participant at any time, for any reason or without
cause.

     (d) Compliance With Section 409A of Code. This Deferral Program is intended
to comply with the provisions of section 409A of the Code, and shall be interpreted and
construed accordingly. The Company shall have the discretion and authority to amend this
Deferral Program at any time to satisfy any requirements of section 409A of the Code or
guidance provided by the U. S. Treasury Department to the extent applicable to the Deferral
Program.

     (e) Meaning of Certain Terms. For purposes of this Deferral Program, a
Participant shall be treated as having terminated from employment when the Participant has a
separation from active service with the Company or any Subsidiary, within the meaning of
section 409A of the Code. Payments made as of a specified date shall be made as soon as
administratively practicable after such date, but not later than the last day of the same
calendar
year or, if later, by the 15th day of the third calendar month following such date.

     (f) Severability. If any provision of the Deferral Program shall be held illegal or
invalid for any reason, such illegality or invalidity shall not affect the remaining
provisions of the
Deferral Program, and the Deferral Program shall be enforced as if the invalid provisions had

never been set forth therein.

14

 

Supplement A

to the

Wm. Wrigley Jr. Company Executive Compensation Deferral Program

     A-l. Pursuant to the transition rule set forth in IRS Notice 2005-1, Q&A-19(c), and extended
in the preamble to regulations proposed under Section 409A of the Code and IRS Notice 2006-79, the
Company may offer certain Participants who meet the eligibility conditions set forth in Section A-2
below (“Non-U. S. Participants”) the opportunity to make an election to receive a lump sum payment
of their Deferral Program account on July 1st of either 2007 or 2008.

     A-2. The Non-U. S. Participants who are eligible to make the election described in this
Supplement A shall be limited to Participants in the Deferral Program (i) who are nonresident
aliens of the United States, (ii) who are or will be subject to tax on the amounts credited to
their Deferral Program accounts prior to the receipt of such amounts and (iii) who receive a
written notice from the Company of their right to make an election pursuant to this Supplement A.

     A-3. If a Non-U. S. Participant elects to receive a lump sum payment of his or her account on
July 1, 2007, then (i) the Non-U. S. Participant must submit such election prior to December 31,
2006, and (ii) such payment may not otherwise be scheduled to be paid in 2006.

     A-4. If a Non-U. S. Participant elects to receive a lump sum payment of his or her account on
July 1, 2008, then (i) the Non-U. S. Participant must submit such election prior to December 31,
2007, and (ii) such payment may not otherwise be scheduled to be paid in 2006 or 2007.

     A-5. If a Non-U. S. Participant does not elect to receive a lump sum payment of his or her
account on July 1, 2007 or July 1, 2008, then such account shall be distributed pursuant to Section
7(c) of the Deferral Program, regardless of whether amounts were credited to such account prior to,
on or after December 31, 2004.

15exv10wxby

 

Exhibit 10.(b)

WM. WRIGLEY JR. COMPANY

STOCK AWARD PROGRAM

(As Amended and Restated Effective January 1, 2008)

          Incorporated into and adopted under the Wm. Wrigley Jr. Company 1997 Management Incentive
Plan, 2007 Management Incentive Plan, and any successor thereto

          1. Purposes. The purposes of this Wm. Wrigley Jr. Company Stock Award Program
(the “Program”) are (a) to provide equity that may be used to supplement benefits for such
Eligible
Employees of the Wm. Wrigley Jr. Company (the “Company”) and its Associated Companies as
may be designated for participation in the Program by awarding shares of the Common Stock; (b)
to
further the Eligible Employee’s identity of interest with the interests of the Company’s
stockholders
and increase the Eligible Employee’s stake in the future growth and prosperity of the Company;
(c)
to provide certain Eligible Employees with the opportunity to defer all or any portion of
their stock
awards under the terms of the Company’s Executive Compensation Deferral Program (the “Deferral
Program”); and (d) to enable the Company to employ Eligible Employees and to compete with
other organizations in attracting and retaining the services of competent executives.

          2. Definitions. Unless otherwise required by the context, the following terms shall
have the meaning set forth in this Section 2:

          (a) Associated Company: A corporation or other form of business association of
which shares (or other ownership interests) having 50% or more of the voting power are owned
or
controlled, directly or indirectly, by the Company.

          (b) Beneficiary: The beneficiary designated in writing, from time to time, by the
Eligible Employee, and failing such designation, the spouse, the children (per stirpes), the
parents
or the estate (in that order) of the Eligible Employee.

          (c) Board of Directors or Board. The Board of Directors of the
Company.

          (d) Committee or Compensation Committee. The Compensation Committee of the
Board of Directors (or such other committee that is designated by the Board) which shall
administer
the Program pursuant to the provisions of Section 1.5 of the 1997 Management Incentive Plan,
Section 1.6 of the 2007 Management Incentive Plan, or such other management incentive plan
then
in effect.

          (e) Common Stock. The Common Stock of the Company or such other class of
shares or other securities as may be applicable pursuant to the provisions of Section 1.6 of
the 1997
Management Incentive Plan, Section 1.7 of the 2007 Management Incentive Plan, or such other
management incentive plan then in effect.

          (f) Company. Wm. Wrigley Jr. Company, a Delaware corporation.

          (g) Deferral Program. The Wm. Wrigley Jr. Company Executive Compensation
Deferral Program, as amended from time to time.

 

 

          (h) Eligible Employee. An employee of the Company or of an Associated Company
(including an officer or director who is an employee), who in the opinion of the Committee can
contribute significantly to the growth and profitability of the Company or an Associated Company.
The grant of a stock award to an employee by the Committee shall be deemed a determination by the
Committee that such employee is an Eligible Employee.

          (i) Fair Market Value. As applied to any date, the closing sale price of a share of
Common Stock on the New York Stock Exchange on such date or, if no sale were made on such date, on
the next preceding date on which there was a sale of the Common Stock on such exchange;
provided, however, that if such method of determining Fair Market Value shall not be
consistent with regulations of the Treasury Department at the time applicable to the determination
of Fair Market Value in respect of a stock award, Fair Market Value shall be determined in
accordance with such regulations and shall mean the value as so determined.

          (j) Share Unit. A unit equivalent to one share of the Common Stock.

          3. Grants of Stock Award. Subject to the provisions of the Program, the Committee
may at any time, or from time to time, grant stock awards under this Program to Eligible
Employees. Stock awards may be granted either with or without consultation with employees, but,
anything in the Program to the contrary notwithstanding, the Committee shall have full
authority to
act in the matter of selection of all Eligible Employees, including those who are members of
the
Board of Directors, and granting stock awards to them.

          4. Stock Awards. Stock awards granted under the Program shall be subject to the
following provisions:

          (a) A stock award shall be granted to an Eligible Employee at the discretion of the
Committee.

          (b) For the purposes of the Program, in determining the value of a stock award, all
shares of the Common Stock subject to such award shall be valued at not less than the Fair
Market
Value of such shares during such period immediately preceding and/or immediately following the
date such award is granted, as the Committee shall determine.

          (c) Participants may elect to defer the receipt of any portion of their stock awards in
accordance with the terms of the Deferral Program, and any deferred shares shall be credited
as
Share Units, subject to the terms of the Deferral Program.

          (d) All shares of the Common Stock subject to a stock award granted to an Eligible
Employee that such Eligible Employee has not elected to defer pursuant to Paragraph (c) above,
shall be issued in the name of such Eligible Employee at the time the stock award is granted,
but
custody shall not be transferred to the Eligible Employee until as soon as administratively
practicable after the termination of the Eligible Employee’s employment with the Company.

          (e) A stock award and any Share Units related thereto may contain such other terms
and conditions as the Committee shall determine with respect to payment or forfeiture of all
or any
part of the stock award upon termination of employment.

          (f) A stock award and any Share Units related thereto shall be subject to such other
terms and conditions, including, without limitation, restrictions on sale or other disposition
of the
stock award or of the shares issued or transferred pursuant to such stock award, as the
Committee

2

 

shall determine. Upon the issuance or transfer of shares pursuant to a stock award or any Share
Units related thereto, the recipient shall, with respect to such shares, be and become a
stockholder of the Company fully entitled to receive dividends, vote and exercise all other rights
of a stockholder except to the extent otherwise provided in the stock award. Each stock award shall
be evidenced by a written instrument in such form as the Committee shall determine, provided the
stock award is consistent with the Program and incorporates it by reference.

          5. Term. The Program shall be deemed to have been adopted and to have become
effective January 1, 1984 and shall continue until terminated by the Board.

          6. General Provisions.

          (a) With respect to any shares of the Common Stock issued, transferred or deferred
under any provisions of the Program or the Deferral Program, such shares may be issued or
transferred subject to such conditions, in addition to those specifically provided in the
Program or
Deferral Program, as the Board of Directors or Committee may direct and, without limiting the
generality of the foregoing, provision may be made in the grant of stock awards that shares
issued,
transferred or distributed upon, or subsequent to their grant or exercise shall be restricted
shares
subject to forfeiture upon failure to comply with conditions and restrictions imposed in the
grant of
such stock award.

          (b) Nothing in the Program nor in any instrument executed pursuant thereto shall
confer upon any employee any right to continue in the employ of the Company or an Associated
Company or shall affect the right of the Company or of an Associated Company to terminate the
employment of any employee with or without cause.

          (c) No shares of the Common Stock shall be issued, transferred or distributed
pursuant to a stock award unless and until all legal requirements applicable to the issuance,
transfer
or distribution of such shares have, in the opinion of counsel to the Company, been complied
with.

          (d) No employee (individually or as a member of a group), and no Beneficiary or
other person claiming under or through him or her, shall have any right, title or interest in
or to any
shares of the Common Stock allocated or reserved for the purposes of the Program or subject to
any
stock award except as to such shares of the Common Stock, if any, as shall have been issued or
transferred to him or her.

          (e) The Company or an Associated Company may, with the approval of the
Committee, enter into an agreement or other commitment to grant a stock award in the future to
a
person who is or will be an Eligible Employee at the time of grant, and, notwithstanding any
other
provision of the Program, any such agreement or commitment shall not be deemed the grant of a
stock award until the date on which the Committee takes action to implement such agreement or
commitment.

          (f) In the case of a grant of a stock award to any employee of an Associated
Company, such grant may, if the Board of Directors so directs, be implemented by the Company
issuing or transferring the shares, if any, covered by the stock award to the Associated
Company,
for such lawful consideration as the Board of Directors may specify, upon the condition or
understanding that the Associated Company will transfer the shares to the employee in
accordance
with the terms of the stock award specified by the Committee pursuant to the provisions of the
Program. Notwithstanding any other provision hereof, such stock award may be issued by and in

3

 

the name of the Associated Company and shall be deemed granted on the date it is approved by the
Committee, on the date it is delivered by the Associated Company, or on such other date between
such two dates, as the Committee shall specify.

          (g) The Company or an Associated Company may make such provisions as it may deem appropriate
for the withholding of any taxes that the Company or Associated Company determines is required to
be withheld in connection with any stock award, including permitting the Eligible Employee to trade
back shares of the Common Stock distributed to such Eligible Employee pursuant to the terms of a
stock award.

          (h) Except as otherwise required by applicable law, no rights under the Program, contingent or
otherwise, shall be assignable or subject to any encumbrance, pledge or charge of any nature,
except that, under such rules and regulations as the Committee may establish, an Eligible Employee
may designate a Beneficiary to receive, in the event of death, any amount that would otherwise have
been payable to the Eligible Employee or that may become payable on account of his or her death
except that, if any amount shall become payable to the executor or administrator of the executive,
such executor or administrator may transfer the right to the payment of any such amount to the
person, persons or entity (including a trust) entitled thereto under the will of the executive or,
in case of intestacy, under the laws relating to intestacy.

          (i) Nothing in the Program is intended to be a substitute for, or shall preclude or limit the
establishment or continuation of, any plan, any other program, practice or arrangement for the
payment of compensation or benefits to employees generally or to any class or group of employees,
which the Company or any Associated Company now has or may hereafter lawfully put into effect,
including, without limitation, any retirement, pension, stock purchase, insurance, incentive
compensation or bonus plan.

          7. Section 162(m). Notwithstanding any provision of the Program to the contrary,
solely with respect to stock awards granted hereunder that are intended to comply with Section
162(m), such stock awards shall be granted and administered in accordance with Article IX of the
1997 Management Incentive Plan or Article VIII of the 2007 Management Incentive Plan, as the case
may be.

4

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