SEC Info - Philip Morris International Inc. - ‘10-Q’ for 6/30/12

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Philip Morris International Inc. – ‘10-Q’ for 6/30/12 – ‘EX-10.4’

On: Friday, 8/3/12, at 9:41am ET · For: 6/30/12 · Accession #: 1413329-12-7 · File #: 1-33708

  As Of               Filer                 Filing    For·On·As Docs:Size

 8/03/12  Philip Morris International Inc.  10-Q        6/30/12   85:13M

Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    862K 
 2: EX-10.4     Employment Agreement With Jacek Olczak              HTML     34K 
 3: EX-12       Statement Regarding Computation of Ratios of        HTML     49K 
                Earnings to Fixed Charges                                        
 4: EX-31.1     Certification of the Registrant's Chief Executive   HTML     33K 
                Officer Pursuant to Rule 13A-14(A)/15D-14(A)                     
 5: EX-31.2     Certification of the Registrant's Chief Financial   HTML     33K 
                Officer Pursuant to Rule 13A-14(A)/15D-14(A)                     
 6: EX-32.1     Certification of the Registrant's Chief Executive   HTML     27K 
                Officer Pursuant to 18 U.S.C. 1350                               
 7: EX-32.2     Certification of the Registrant's Chief Financial   HTML     27K 
                Officer Pursuant to 18 U.S.C. 1350                               
57: R1          Document And Entity Information                     HTML     45K 
44: R2          Condensed Consolidated Balance Sheets               HTML    200K 
55: R3          Condensed Consolidated Balance Sheets               HTML     36K 
                (Parenthetical)                                                  
59: R4          Condensed Consolidated Statements Of Earnings       HTML     91K 
78: R5          Condensed Consolidated Statements of Comprehensive  HTML     77K 
                Earnings                                                         
46: R6          Condensed Consolidated Statements of Comprehensive  HTML     40K 
                Earnings (Parenthetical)                                         
54: R7          Condensed Consolidated Statements Of Stockholders'  HTML     62K 
                Equity                                                           
40: R8          Condensed Consolidated Statements Of Stockholders'  HTML     32K 
                Equity (Parenthetical)                                           
30: R9          Condensed Consolidated Statements Of Cash Flows     HTML    140K 
79: R10         Background And Basis Of Presentation                HTML     30K 
61: R11         Asset Impairment And Exit Costs                     HTML     60K 
60: R12         Stock Plans                                         HTML     40K 
66: R13         Benefit Plans                                       HTML     93K 
67: R14         Goodwill And Other Intangible Assets, Net           HTML    102K 
64: R15         Financial Instruments                               HTML    419K 
68: R16         Redeemable Noncontrolling Interest                  HTML     40K 
56: R17         Earnings Per Share                                  HTML     57K 
58: R18         Segment Reporting                                   HTML     88K 
63: R19         Contingencies                                       HTML    139K 
85: R20         Income Taxes                                        HTML     36K 
74: R21         Indebtedness                                        HTML     51K 
50: R22         Fair Value Measurements                             HTML     67K 
62: R23         Accumulated Other Comprehensive Losses              HTML     45K 
52: R24         Asset Impairment And Exit Costs (Tables)            HTML     62K 
22: R25         Benefit Plans (Tables)                              HTML     83K 
75: R26         Goodwill And Other Intangible Assets, Net (Tables)  HTML    103K 
82: R27         Financial Instruments (Tables)                      HTML    406K 
35: R28         Redeemable Noncontrolling Interest (Tables)         HTML     32K 
34: R29         Earnings Per Share (Tables)                         HTML     53K 
38: R30         Segment Reporting (Tables)                          HTML     80K 
39: R31         Contingencies (Tables)                              HTML     62K 
41: R32         Indebtedness (Tables)                               HTML     47K 
20: R33         Fair Value Measurements (Tables)                    HTML     57K 
72: R34         Accumulated Other Comprehensive Losses (Tables)     HTML     41K 
48: R35         Asset Impairment And Exit Costs Schedule of Asset   HTML     39K 
                Impairment And Exit Costs (Details)                              
51: R36         Asset Impairment And Exit Costs Movement In The     HTML     42K 
                Exit Cost Liabilities (Details)                                  
25: R37         Stock Plans Narrative (Details)                     HTML     68K 
84: R38         Benefit Plans Components Of Net Periodic Benefit    HTML     57K 
                Cost (Details)                                                   
14: R39         Benefit Plans Narrative (Details)                   HTML     30K 
42: R40         Goodwill And Other Intangible Assets, Net Segment   HTML     39K 
                (Details)                                                        
77: R41         Goodwill And Other Intangible Assets, Net Movement  HTML     46K 
                In Goodwill (Details)                                            
24: R42         Goodwill And Other Intangible Assets, Net Other     HTML     36K 
                Intangible Assets (Details)                                      
33: R43         Goodwill And Other Intangible Assets, Net Range Of  HTML     39K 
                Useful Lives And Weighted-Average Remaining Useful               
                Lives Of Amortizable Intangible Assets (Details)                 
37: R44         Goodwill And Other Intangible Assets, Net           HTML     49K 
                Narrative (Details)                                              
45: R45         Financial Instruments Narrative (Details)           HTML     35K 
19: R46         Financial Instruments Fair Value Of Foreign         HTML     45K 
                Exchange Contracts (Details)                                     
29: R47         Financial Instruments Hedging Activities Effect On  HTML     84K 
                Condensed Consolidated Statements Of Earnings And                
                Other Comprehensive Earnings (Details)                           
17: R48         Financial Instruments Pre-Tax Effect Of Foreign     HTML     52K 
                Exchange Contracts Designated As Cash Flow Hedging               
                Instruments (Details)                                            
76: R49         Financial Instruments Pre-Tax Effect Of Foreign     HTML     45K 
                Exchange Contracts Designated As Net Investment                  
                Hedging Instruments (Details)                                    
23: R50         Financial Instruments Pre-Tax Effect Of Foreign     HTML     39K 
                Exchange Contracts Designated As Other Derivatives               
                (Details)                                                        
73: R51         Financial Instruments Hedging Activity Reported In  HTML     46K 
                Accumulated Other Comprehensive Earnings (Losses)                
                Net Of Income Taxes (Details)                                    
26: R52         Redeemable Noncontrolling Interest Narrative        HTML     50K 
                (Details)                                                        
43: R53         Redeemable Noncontrolling Interest Movement In      HTML     37K 
                Redeemable Noncontrolling Interest After Business                
                Combination (Details)                                            
15: R54         Earnings Per Share Calculation Of Basic And         HTML     59K 
                Diluted EPS (Details)                                            
18: R55         Segment Reporting Segment Data (Details)            HTML     49K 
36: R56         Contingencies Tobacco-Related Litigation (Details)  HTML     39K 
21: R57         Contingencies Number Of Tobacco Related Cases       HTML     34K 
                Pending Against Us And/Or Our Subsidiaries Or                    
                Indemnitees (Details)                                            
80: R58         Contingencies Verdicts And Post-Trial Developments  HTML     55K 
                (Details)                                                        
47: R59         Contingencies Smoking And Health Litigation         HTML     39K 
                (Details)                                                        
65: R60         Contingencies Health Care Cost Recovery Litigation  HTML     30K 
                (Details)                                                        
28: R61         Contingencies Lights Cases (Details)                HTML     30K 
31: R62         Contingencies Public Civil Actions (Details)        HTML     30K 
71: R63         Contingencies Other Litigation (Details)            HTML     28K 
69: R64         Income Taxes Narrative (Details)                    HTML     44K 
49: R65         Indebtedness Narrative (Details)                    HTML     50K 
70: R66         Indebtedness Long-Term Debt (Details)               HTML     54K 
27: R67         Fair Value Measurements Narrative (Details)         HTML     31K 
53: R68         Fair Value Measurements Aggregate Fair Value Of     HTML     47K 
                Derivative Financial Instruments And Debt                        
                (Details)                                                        
81: R69         Accumulated Other Comprehensive Losses Components   HTML     50K 
                Of Accumulated Other Comprehensive Earnings                      
                (Losses), Net Of Taxes (Details)                                 
83: XML         IDEA XML File -- Filing Summary                      XML    127K 
32: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS   2.03M 
 8: EX-101.INS  XBRL Instance -- pm-20120630                         XML   3.16M 
10: EX-101.CAL  XBRL Calculations -- pm-20120630_cal                 XML    213K 
11: EX-101.DEF  XBRL Definitions -- pm-20120630_def                  XML    669K 
12: EX-101.LAB  XBRL Labels -- pm-20120630_lab                       XML   1.53M 
13: EX-101.PRE  XBRL Presentations -- pm-20120630_pre                XML    972K 
 9: EX-101.SCH  XBRL Schema -- pm-20120630                           XSD    181K 
16: ZIP         XBRL Zipped Folder -- 0001413329-12-000007-xbrl      Zip    248K

‘EX-10.4’ — Employment Agreement With Jacek Olczak

This Exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

<! C: C:

PM-EX10.4_06.30.12-Q2

Exhibit 10.4

PERSONAL AND CONFIDENTIAL

To: Jacek OLCZAK Lausanne, May 11, 2012

Dear Jacek,

We are pleased to confirm your promotion, effective as of August 1, 2012, to the position of Chief Financial Officer, reporting to Mr Louis C. Camilleri, Chairman and Chief Executive Officer PMI. Your annual base salary is being increased

from CHF 900'003.-- p.a. CHF 69'231.-- p.m.

to CHF 954'005.-- p.a. CHF 73'385.-- p.m.

Your salary band has been changed and is now B.

Following the change in band and salary, your new Position in Range will be now 8.9%.

You will continue to be eligible to participate in the Incentive Compensation (“IC”) and Equity Award Programs, which are administered at the sole discretion of the Compensation and Leadership Development Committee of the Board of Directors pursuant and subject to the terms of the 2012 Performance Incentive Plan (or any similar plan in the future).

Your annual IC and Stock award targets that assume a PMI company performance rating of 100 and an "Optimal" individual performance are being increased as follows:



	Target % ⁽¹⁾
Incentive Compensation Award	from 120 % of annual base salary	to 180 % of annual base salary
Stock Award	from 180 % of annual base salary	to 270 % of annual base salary

All other conditions relating to your employment with Philip Morris International Management SA remain as stated in your employment contract and, if applicable, in any subsequent amendments.

We would like to take this opportunity to wish you continued success and satisfaction.



/s/ *Kevin Click*	/s/ *Ralf Zysk*
Kevin Click	Ralf Zysk
Senior Vice President Human Resources PMI	Vice President Compensation & Benefits and International Assignments PMI

Copy: L. Camilleri

ref: mc

^{(1) The Incentive Compensation and Equity Award Programs are discretionary and do not obligate the Company to make an award nor entitle employees to receive an award. Eligibility to participate in the Programs does not guarantee receipt of an award
and receiving an annual award does not guarantee receipt of an award in the future. Any awards that are made may be higher or lower than the targets mentioned above.}

Philip Morris International Management S.A.

AVENUE DE RHODANIE 50 1007 LAUSANNE SWITZERLAND TELEPHONE : +41 58 242 00 00 TELEFAX : +41 58 242 01 01

www.philipmorrisinternational.com

Exhibit 10.4

Exhibit 10.4

Exhibit 10.4

Exhibit 10.4

Exhibit 10.4

Dates Referenced Herein and Documents Incorporated by Reference

This ‘10-Q’ Filing	Date	Other Filings

Filed on:	8/3/12
	8/1/12	3
For Period end:	6/30/12
	5/11/12	4
		List all Filings

4 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/08/24  Philip Morris International Inc.  10-K       12/31/23  160:26M
 2/10/23  Philip Morris International Inc.  10-K       12/31/22  150:25M
 2/11/22  Philip Morris International Inc.  10-K       12/31/21  136:22M
 2/09/21  Philip Morris International Inc.  10-K       12/31/20  143:21M

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Filing Submission 0001413329-12-000007 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Philip Morris International Inc. – ‘10-Q’ for 6/30/12 – ‘EX-10.4’

On: Friday, 8/3/12, at 9:41am ET · For: 6/30/12 · Accession #: 1413329-12-7 · File #: 1-33708

Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34Filing Table of Contents

‘EX-10.4’ — Employment Agreement With Jacek Olczak

This Exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

4 Subsequent Filings that Reference this Filing

Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents