Hershey Foods (HSY)

Voluntary Resignation

We are not obligated to pay amounts over and above vested benefits to a named executive officer who voluntarily resigns. Vested stock options may not be exercised after the named executive officer’s resignation date unless the officer is age 55 or older, as described in Treatment of Stock Options upon Retirement, Death or Disability below. Mr. West’s vested benefits include his DB SERP benefit per the terms of his employment agreement.

Voluntary Resignation

We are not obligated to pay amounts over and above vested benefits to a named executive officer who voluntarily resigns. Vested stock options may not be exercised after the named executive officer’s resignation date unless the officer is age 55 or older, as described in Treatment of Stock Options upon Retirement, Death or Disability below. Mr. Lenny’s vested benefits included his SERP benefit, as he was over age 55, and considered a “retiree” for SERP purposes on December 31, 2007. Mr. West’s SERP benefit was subject to forfeiture if he voluntarily resigned on December 31, 2007.

Voluntary Resignation

We are not obligated to pay amounts over and above vested benefits to a named executive officer who voluntarily resigns. Vested stock options may not be exercised after the named executive officer’s resignation date. Mr. Lenny’s SERP benefit would have been subject to forfeiture if he voluntarily resigned on December 31, 2006.