Safeway 2013 Annual Report Download - page 115
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4.13 Code Section 409A. To the extent that the Administrator determines that any RSUs and/or Dividend Equivalent rights may not be
compliant with or exempt from Code Section 409A, the Administrator may amend this Agreement in a manner intended to comply with the
requirements of Code Section 409A or an exemption therefrom (including amendments with retroactive effect), or take any other actions as it deems
necessary or appropriate to (a) comply with the requirements of Code Section 409A and/or (b) exempt the RSUs and/or the Dividend Equivalent
rights from Code Section 409A and/or preserve the intended tax treatment of the benefits provided with respect to the RSUs. To the extent applicable,
this Agreement shall be interpreted in accordance with the provisions of Code Section 409A.
4.14 Limitations Applicable to Section 16 Persons . Notwithstanding any other provision of the Plan or this Agreement, if Holder is subject
to Section 16 of the Exchange Act, the Plan, the RSUs, and this Agreement shall be subject to any additional limitations set forth in any applicable
exemptive rule under Section 16 of the Exchange Act (including any amendment to Rule 16b-3 of the Exchange Act) that are requirements for the
application of such exemptive rule. To the extent permitted by applicable law, this Agreement shall be deemed amended to the extent necessary to
conform to such applicable exemptive rule.
4.15 Entire Agreement. The Plan, the Grant Notice (including all Exhibits thereto) and this Agreement constitute the entire agreement of the
parties and supersede in their entirety all prior undertakings and agreements of the Company and Holder with respect to the subject matter hereof,
except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary and Holder.
4.16 Claw-Back Policy. The RSUs shall be subject to any claw-back policy implemented by the Company.
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