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This excerpt taken from the HSY 10-Q filed May 7, 2008. Deemed
Investment Options. The total amount determined by multiplying
the rate earned (positive or negative) by each fund available (taking into
account earnings distributed and share appreciation (gains) or depreciation
(losses) on the value of shares of the fund) for the applicable period by the
portion of the balance in the Director's Deferred Cash Compensation Account as
of the end of each such period, respectively, which is deemed to be invested in
such fund pursuant to paragraph (2) below. Subject to elimination,
modification or addition by the Board, the funds available for the Director's
election of deemed investments pursuant to paragraph (2) below shall be one or more of the funds available (excluding Common
Stock) under the Investment Options of The
Hershey Company Deferred Compensation
Plan
(2)
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