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Section # Medical, Dental and Vision Coverage. Unless otherwise provided in the applicable Schedule, if a Qualifying Employee is entitled to file, and does timely file, an election to continue any health benefits under a medical, dental and/or vision benefit program sponsored by McDonald’s Corporation in accordance with the provisions of COBRA, the Employer shall pay a portion of such COBRA Premiums, as specified in the next sentence, during the Severance Period, out of the total period of eighteen months normally provided for by COBRA. During the Severance Period, the Qualifying Employee shall be required to pay a portion of the COBRA Premiums equal to what he or she would pay for such health benefits under the applicable program of McDonald’s Corporation, if he or she had remained employed, and the Employer shall pay the balance of such COBRA Premiums. The Employer’s payments, as applicable, shall be made to the entity funding the applicable plan coverage, and not to the Qualifying Employee. The Qualifying Employee must pay his or her share of such COBRA Premiums and may not have such cost withheld from the Severance Pay nor contributed to any cafeteria or flexible spending account. After the Severance Period ends, any further COBRA to which the Qualifying Employee may be entitled shall continue only if the Qualifying Employee pays the full cost thereof at the rate of 102% of both the employee and the employer premium costs under the applicable plans. The Employers shall not pay any portion of the COBRA Premiums for more than twelve months, regardless of whether the Qualifying Employee or his or her eligible dependents have an additional qualifying event under COBRA. Notwithstanding the foregoing, if COBRA is no longer required to be provided to a Qualifying Employee under the federal laws governing COBRA during the Severance Period, all payments of COBRA Premiums for that Qualifying Employee under this Plan will also end.

Section # Medical, DentalDental, and Vision Coverage. UnlessExcept as provided otherwise provided in thean applicable Schedule, if a Qualifying EmployeeParticipant is entitledeligible to file, and does timely file, an election to continue any health benefitselect continuation coverage under a medical, dental and/or vision benefit program sponsored by McDonald’s CorporationCOBRA in accordance with the provisionsterms of COBRA,the medical, dental, and/or vision plan of the Employer and properly and timely elects such continuation coverage, the Employer shall provide subsidized COBRA coverage during the COBRA Severance Period. During such period, the Employer shall pay a portion of such COBRA Premiums, as specified in the next sentence, during the Severance Period, outon behalf of the total period of eighteen months normally provided for by COBRA. During the Severance Period, the Qualifying Employee shall be required to pay a portion of the COBRA PremiumsParticipant an amount equal to what he or shethe difference between # the premiums the employee would payhave paid for such health benefits under the applicable program of McDonald’s Corporation,active coverage if he or she had remained employed,employed and # the Employer shall pay the balance of such COBRA Premiums. The Employer’s payments, as applicable,payments shall be made to the entity funding the applicable plan coverage,coverage and not directly to the Qualifying Employee.Participant. The Qualifying EmployeeParticipant must pay his or her share of suchthe COBRA Premiums and may not have suchthe premium cost withheld from the Severance Pay nor contributed to any cafeteria plan or flexible spending account. After the COBRA Severance Period ends, any further COBRA to which the Qualifying Employee mayParticipant shall be entitled shall continue only if the Qualifying Employee paysresponsible for paying the full cost thereofof any remaining COBRA coverage at the rate of 102% of the full COBRA Premium cost (i.e., 102% of both the employee and the employer premium costs under the applicable plans.costs). The Employers shall not pay any portion of the COBRA Premiums for morelonger than twelve months,the COBRA Severance Period, regardless of whether the Qualifying EmployeeParticipant or his or her eligible dependents have an additional qualifying event under COBRA. Notwithstanding the foregoing, if COBRA is no longer required to be provided to a Qualifying EmployeeParticipant under the federal laws governing COBRA during the Severance Period,COBRA, all payments of COBRA Premiums for that Qualifying EmployeeParticipant under this Plan will also end.

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