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Compensation Committee Matters

 

(Continued)


Non-Qualified Deferred Compensation

 (1)

 

The amounts in this column consist of amounts credited as earnings for 2007 on account balances attributable to pre-2005 participation under the defined contribution portion of the BEP. These amounts do not constitute above-market earnings and, accordingly, are not included in amounts reported in the Summary Compensation Table above.

 (2)

 

The aggregate balances shown include allocations reported in the Summary Compensation Table for previous years in the following amounts: for Mr. Camilleri, $1,136,324; for Mr. Parrish, $394,177; for Mr. Szymanczyk, $763,925; and for Mr. Wall $489,714. Additional allocations in years when these individuals were not named executive officers included in the Summary Compensation Table were: for Mr. Devitre, $177,588 (additional allocations with respect to a prior period of employment with us, which were previously distributed, are excluded from this amount); for Mr. Parrish, $384,941; for Mr. Szymanczyk, $146,353; and for Mr. Wall, $301,026. The previous years’ allocations for Mr. Camilleri include amounts attributable to a 1996 allocation of $34,861 under a supplemental profit-sharing allowance agreement continuing his non-qualified Deferred Profit-Sharing allocation at the level applicable under the defined contribution plans during a period of approximately five months during which he was employed by Kraft Foods International. As a result of payments made to trusts established by the named executive officers, as described previously in the discussion of the SERP, our liabilities or those of our subsidiaries are less than the amounts shown in the table.

Mr. Calantzopoulos did not participate in the Deferred Profit Sharing Benefit Equalization Plan.

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