Common use of Labor Law Policy Clause in Contracts

Labor Law Policy. In accepting the grant of the Deferred Stock Units, the Employee expressly recognizes that Mondelēz International, Inc., with registered offices at Xxxxx Xxxxxxx Xxxxx, Xxxxxxxxx, Xxxxxxxx 00000, U.S.A., is solely responsible for the administration of the Plan and that the Employee’s participation in the Plan and acquisition of shares of Common Stock do not constitute an employment relationship between the Employee and Mondelēz International, Inc. since the Employee is participating in the Plan on a wholly commercial basis and his or her sole Employer is Servicios Integrales Mondelez, S. de X.X. de C.V., located at H. Congreso de la Union 5840, Colonia Tres Xxxxxxxxx, Xxxxxx Xxxx, XX 00000 Xxxxxx. Based on the foregoing, the Employee expressly recognizes that the Plan and the benefits that he or she may derive from participating in the Plan do not establish any rights between the Employee and the Employer, Servicios Integrales Mondelez, S. de X.X. de C.V., and do not form part of the employment conditions and/or benefits provided by Servicios Integrales Mondelez, S. de X.X. de C.V., and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Employee’s employment. The Employee further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of Mondelēz International, Inc.; therefore, Mondelēz International, Inc. reserves the absolute right to amend and/or discontinue the Employee’s participation at any time without any liability to the Employee.

Labor Law Policy. In accepting the grant of the Deferred Stock Units, the Employee expressly recognizes that Mondelēz International, Inc., with registered offices at Xxxxx Xxxxxxx Xxxxx000 Xxxx Xxxxxx Xxxxxx, XxxxxxxxxSuite 200, Xxxxxxxx 00000Chicago, Illinois 60607, U.S.A., is solely responsible for the administration of the Plan and that the Employee’s participation in the Plan and acquisition of shares of Common Stock do not constitute an employment relationship between the Employee and Mondelēz International, Inc. since the Employee is participating in the Plan on a wholly commercial basis and his or her sole Employer is Servicios Integrales MondelezMondelēz México, S. de X.X. de C.V., located at H. Congreso de la Union 5840Xxxxxxx Xxxxx Xx 000, Colonia Tres XxxxxxxxxXxxx 0, Xxxxxx XxxxXxxxxxx Xxxx Xxxxx, XX Mexico City, X.X. 00000 Xxxxxx. Based on the foregoing, the Employee expressly recognizes that the Plan and the benefits that he or she may derive from participating in the Plan do not establish any rights between the Employee and the Employer, Servicios Integrales MondelezMondelēz México, S. de X.X. de C.V., and do not form part of the employment conditions and/or benefits provided by Servicios Integrales MondelezMondelēz México, S. de X.X. de C.V., and any modification of the 29 Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Employee’s employment. The Employee further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of Mondelēz International, Inc.; therefore, Mondelēz International, Inc. reserves the absolute right to amend and/or discontinue the Employee’s participation at any time without any liability to the Employee.

Labor Law Policy. In accepting the grant of the Deferred Stock Units, the Employee expressly recognizes that Mondelēz International, Inc., with registered offices at Xxxxx Xxxxxxx Xxxxx, Xxxxxxxxx, Xxxxxxxx 00000, U.S.A., is solely responsible for the administration of the Plan and that the Employee’s participation in the Plan and acquisition of shares of Common Stock do not constitute an employment relationship between the Employee and Mondelēz International, Inc. since the Employee is participating in the Plan on a wholly commercial basis and his or her sole Employer is Servicios Integrales Mondelez, S. de X.X. de C.V., located at H. Congreso de la Union 5840Xxxxxxx Xxxxx Xx 000, Colonia Tres XxxxxxxxxXxxx 0, Xxxxxx XxxxXxxxxxx Xxxx Xxxxx, XX Mexico City, X.X. 00000 Xxxxxx. Based on the foregoing, the Employee expressly recognizes that the Plan and the benefits that he or she may derive from participating in the Plan do not establish any rights between the Employee and the Employer, Servicios Integrales Mondelez, S. de X.X. de C.V., and do not form part of the employment conditions and/or benefits provided by Servicios Integrales Mondelez, S. de X.X. de C.V., and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Employee’s employment. The Employee further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of Mondelēz International, Inc.; therefore, Mondelēz International, Inc. reserves the absolute right to amend and/or discontinue the Employee’s participation at any time without any liability to the Employee.

Labor Law Policy. In accepting the grant of the Deferred Stock Units, the Employee expressly recognizes that Mondelēz International, Inc., with registered offices at Xxxxx Xxxxxxx Xxxxx000 Xxxx Xxxxxx Xxxxxx, XxxxxxxxxSuite 200, Xxxxxxxx 00000Chicago, Illinois 60607, U.S.A., is solely responsible for the administration of the Plan and that the Employee’s participation in the Plan and acquisition of shares of Common Stock do not constitute an employment relationship between the Employee and Mondelēz International, Inc. since the Employee is participating in the Plan on a wholly commercial basis and his or her sole Employer is Servicios Integrales MondelezMondelēz México, S. de X.X. de C.V., located at H. Congreso de la Union 5840Xxxxxxx Xxxxx Xx 000, Colonia Tres XxxxxxxxxXxxx 0, Xxxxxx XxxxXxxxxxx Xxxx Xxxxx, XX 00000 XxxxxxMexico City, C.P. 05349 Mexico. Based on the foregoing, the Employee expressly recognizes that the Plan and the benefits that he or she may derive from participating in the Plan do not establish any rights between the Employee and the Employer, Servicios Integrales MondelezMondelēz México, S. de X.X. de C.V., and do not form part of the employment conditions and/or benefits provided by Servicios Integrales MondelezMondelēz México, S. de X.X. de C.V., and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Employee’s employment. The Employee further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of Mondelēz International, Inc.; therefore, Mondelēz International, Inc. reserves the absolute right to amend and/or discontinue the Employee’s participation at any time without any liability to the Employee.