Section # Medical, Dental, and Vision Coverage. Except as provided otherwise in an applicable Schedule, if a Participant is eligible to elect continuation coverage under COBRA in accordance with the terms of 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 on behalf of the Participant an amount equal to the difference between # the premiums the employee would have paid for active coverage if he or she had remained employed and # the COBRA Premiums. The Employer’s payments shall be made to the entity funding the applicable plan coverage and not directly to the Participant. The Participant must pay his or her share of the COBRA Premiums and may not have the premium cost withheld from the Severance Pay nor contributed to any cafeteria plan or flexible spending account. After the COBRA Severance Period ends, the Participant shall be responsible for paying the full cost of 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). The Employers shall not pay any portion of the COBRA Premiums for longer than the COBRA Severance Period, regardless of whether the Participant 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 Participant under the federal laws governing COBRA, all payments of COBRA Premiums for that Participant under this Plan will also end.

Section # Medical, Dental,Dental and Vision Coverage. Except asUnless otherwise provided otherwise in anthe applicable Schedule, if a ParticipantQualifying Employee is eligibleentitled to elect continuation coveragefile, and does timely file, an election to continue any health benefits under COBRAa medical, dental and/or vision benefit program sponsored by McDonald’s Corporation in accordance with the termsprovisions of 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,COBRA, the Employer shall pay on behalfa portion of such COBRA Premiums, as specified in the next sentence, during the Severance Period, out of the Participant an amounttotal 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 difference between # the premiums the employee would have paid for active coverageapplicable program of McDonald’s Corporation, if he or she had remained employedemployed, and # the Employer shall pay the balance of such COBRA Premiums. The Employer’s paymentspayments, as applicable, shall be made to the entity funding the applicable plan coveragecoverage, and not directly to the Participant.Qualifying Employee. The ParticipantQualifying Employee must pay his or her share of thesuch COBRA Premiums and may not have the premiumsuch 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 ParticipantQualifying Employee may be entitled shall be responsible for payingcontinue only if the Qualifying Employee pays the full cost of any remaining COBRA coveragethereof at the rate of 102% of the full COBRA Premium cost (i.e., 102% of both the employee and the employer premium costs).costs under the applicable plans. The Employers shall not pay any portion of the COBRA Premiums for longermore than the COBRA Severance Period,twelve months, regardless of whether the ParticipantQualifying 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 ParticipantQualifying Employee under the federal laws governing COBRA,COBRA during the Severance Period, all payments of COBRA Premiums for that ParticipantQualifying Employee under this Plan will also end.

Section # Medical, Dental, and Vision Coverage. Except as provided otherwise in an applicable Schedule, if a Participant is eligible to elect continuation coverage under COBRA in accordance with the terms of 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 on behalf of the Participant an amount equal to the difference between # the premiums the employee would have paid for active coverage if he or she had remained employed and # the COBRA Premiums. The Employer’s payments shall be made to the entity funding the applicable plan coverage and not directly to the Participant. The Participant must pay his or her share of the COBRA Premiums and may not have the premium cost withheld from the Severance Pay nor contributed to any cafeteria plan or flexible spending account. After the COBRA Severance Period ends, the Participant shall be responsible for paying the full cost of 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).Medical/Dental Coverage: The Employers shall not pay any portionmake the payments for COBRA Premiums provided for in [Section 4.3] of the COBRA Premiums for longer thanPlan during the Participant’s COBRA Severance Period, regardless of whether the Participant 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 Participant under the federal laws governing COBRA, all payments of COBRA Premiums for that Participant under this Plan will also end. Period.

Section # Medical, Dental, and Vision Coverage. Except asMedical/Dental Coverage: The Employers shall make the payments for COBRA Premiums provided otherwisefor in an applicable Schedule, if a Participant is eligible to elect continuation coverage under COBRA in accordance with the terms[Section 4.3] of the medical, dental, and/or vision plan ofPlan, beginning on the Employer and properly and timely elects such continuation coverage, the Employer shall provide subsidizedParticipant's COBRA coverage during the COBRA Severance Period. During such period, the Employer shall pay on behalf of the Participant an amount equal to the difference between # the premiums the employee would have paidstart date, for active coverage if he or she had remained employed and # the COBRA Premiums. The Employer’s payments shall be made to the entity funding the applicable plan coverage and not directly to the Participant. The Participant must pay his or her share of the COBRA Premiums and may not have the premium cost withheld from the Severance Pay nor contributed to any cafeteria plan or flexible spending account. After the COBRA Severance Period ends, the Participant shall be responsible for paying the full cost of 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). The Employers shall not pay any portion of the COBRA Premiums for longer than the COBRA Severance Period, regardless of whether the Participant 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 Participant under the federal laws governing COBRA, all payments of COBRA Premiums for that Participant under this Plan will also end. set forth below:

Section #(b)(ii) Group Medical, Dental, Drug and Vision Coverage. Except as provided otherwise in an applicable Schedule, ifIf separation payments are made under [subsection 3.1(a)] above, then for a Participantmaximum period of twelve (12) months following Separation from Service, or until the participant becomes employed with another employer offering any such benefits (whichever is eligible to electearlier), the Employer shall reimburse the participant for the amount of the premiums paid by the participant for post-termination continuation coverage under COBRAthe Employer’s group health insurance in accordance with the termsprovisions of the medical, dental, and/or vision planConsolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”). In order to receive reimbursement, the participant must submit proof of payment to the Plan Administrator within 90 days of the Employerpayment date 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 on behalf of the Participant an amount equal to the difference between # the premiums the employee would have paidwill remit a check for active coverage if he or she had remained employed and # the COBRA Premiums. The Employer’s payments shall be made to the entity funding the applicable plan coverage and not directly to the Participant. The Participant must pay his or her share of the COBRA Premiums and may not have the premium cost withheld from the Severance Pay nor contributed to any cafeteria plan or flexible spending account. After the COBRA Severance Period ends, the Participant shall be responsible for paying the full cost of 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). The Employers shall not pay any portion of the COBRA Premiums for longer than the COBRA Severance Period, regardless of whether the Participant or his or her eligible dependents have an additional qualifying event under COBRA.reimbursement as soon as practicable. Notwithstanding the foregoing, ifin the event that such reimbursement by the Employer for the above COBRA continuation coverage is no longerdiscriminatory pursuant to Code Section 105(h) or [Section 2716] to the Public Health Service Act, then such reimbursements shall be taxable income to the participant reportable annually on a Form W-2 or as otherwise required toby applicable federal and state law. Payment of premiums for COBRA coverage beyond twelve (12) months following Separation from Service is the sole responsibility of the participant and such payment shall not be provided to a Participant under the federal laws governing COBRA, all payments of COBRA Premiums for that Participant under this Plan will also end. reimbursable.

Section # Medical, Dental, and Vision Coverage. Except asMedical/Dental Coverage: The Employers shall make the payments for COBRA Premiums provided otherwisefor in an applicable Schedule, if a Participant is eligible to elect continuation coverage under COBRA in accordance with the terms[Section 4.3] of the medical, dental, and/or vision plan of the Employer and properly and timely elects such continuation coverage, the Employer shall provide subsidized COBRA coveragePlan during the COBRA Severance Period. During such period, the Employer shall pay on behalf of the Participant an amount equal to the difference between # the premiums the employee would have paid for active coverage if he or she had remained employed and # the COBRA Premiums. The Employer’Participant’s payments shall be made to the entity funding the applicable plan coverage and not directly to the Participant. The Participant must pay his or her share of the COBRA Premiums and may not have the premium cost withheld from the Severance Pay nor contributed to any cafeteria plan or flexible spending account. After the COBRA Severance Period ends, the Participant shall be responsible for paying the full cost of 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)one month). The Employers shall not pay any portion of the COBRA Premiums for longer than the COBRA Severance Period, regardless of whether the Participant 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 Participant under the federal laws governing COBRA, all payments of COBRA Premiums for that Participant under this Plan will also end.

Section # Medical, Dental, and Vision Coverage. Except asMedical/Dental Coverage: The Employers shall make the payments for COBRA Premiums provided otherwisefor in an applicable Schedule, if a Participant is eligible to elect continuation coverage under COBRA in accordance with the terms[Section 4.3] of the medical, dental, and/Plan, beginning on the Participant's COBRA start date, for the longer of (i) six months or vision plan of the Employer and properly and timely elects such continuation coverage, the Employer shall provide subsidized COBRA coverage during(ii) the COBRA Severance Period. During such period, the Employer shall pay on behalf of the Participant an amount equal to the difference between # the premiums the employee would have paid for active coverage if he or she had remained employed and # the COBRA Premiums. The Employer’s payments shall be made to the entity funding the applicable plan coverage and not directly to the Participant. The Participant must pay his or her share of the COBRA Premiums and may not have the premium cost withheld from the Severance Pay nor contributed to any cafeteria plan or flexible spending account. After the COBRA Severance Period ends, the Participant shall be responsible for paying the full cost of 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). The Employers shall not pay any portion of the COBRA Premiums for longer than the COBRA Severance Period, regardless of whether the Participant 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 Participant under the federal laws governing COBRA, all payments of COBRA Premiums for that Participant under this Plan will also end.