Section 2.13. CONTINGENT PURCHASE PRICE ADJUSTMENT. (a) Immediately upon consummation of the Merger, Diageo shall cause Pillsbury Stockholder to deliver to a bank or financial institution in the United States mutually acceptable to General Mills and Diageo, as escrow agent (the "ESCROW AGENT"), $642 million in cash, by wire transfer of immediately available funds to be held by the Escrow Agent pursuant to a customary escrow agreement (the "ESCROW AGREEMENT"), in form and substance mutually acceptable to General Mills, Diageo and Pillsbury Stockholder. If mutually agreed by General Mills and Diageo, in lieu of delivery to the Escrow Agent of $642 million in cash, Diageo may cause Pillsbury Stockholder to deliver to the Escrow Agent $642 million of investments mutually selected by General Mills and Pillsbury Stockholder. In the event Pillsbury Stockholder delivers cash to the Escrow Agent, the Escrow Agent shall invest such funds as mutually directed by General Mills and Pillsbury Stockholder. The funds or investments delivered to the Escrow Agent, together with any interest or other proceeds with respect thereto, shall be the "ESCROW FUND." The Escrow Fund shall be released upon the giving of a joint instruction (the "JOINT INSTRUCTION") by General Mills and Pillsbury Stockholder pursuant to paragraph (b) or (c) below. All costs and expenses relating to the Escrow Agreement, including the fees and expenses of the Escrow Agent, shall be borne equally by General Mills and Pillsbury Stockholder. (b) Unless the stockholders of General Mills have approved a Disposition prior to the Anniversary Date, General Mills and Pillsbury Stockholder shall (and Diageo shall cause Pillsbury Stockholder to) give the Joint Instruction to the Escrow Agent on the Anniversary Date, instructing the payout of the Escrow Fund as follows. The Joint Instruction pursuant to this paragraph (b) shall instruct the Escrow Agent to pay to General Mills from the Escrow Fund, on or as promptly as practicable following the Anniversary Date, an amount, if any, equal to the total amount of the Escrow Fund less an amount, if any, equal to the product of (i) the number of General Mills Shares Held multiplied by (ii) the Contingent Share Value. The Joint Instruction pursuant to this paragraph (b) shall further instruct the Escrow Agent to return to Pillsbury Stockholder the remainder of the Escrow Fund, if any, promptly following payment of the amount, if any, set forth above to General Mills. (c) In the event the stockholders of General Mills approve a Disposition prior to the Anniversary Date, General Mills and Pillsbury Stockholder shall (and Diageo shall cause Pillsbury Stockholder to) give the Joint Instruction to the Escrow Agent no later than the date of the Disposition, instructing the payout of the Escrow Fund as follows. The Joint Instruction pursuant to this paragraph (c) shall instruct the Escrow Agent to pay to General Mills from the Escrow Fund, on or as promptly as practicable following the date of the Disposition, an amount, if any, equal to the total amount of the Escrow Fund less an amount, if any, equal to the product of (i) the number of General Mills Shares Held multiplied by (ii) the Disposition Value. The Joint Instruction pursuant to this paragraph (c) shall further instruct the Escrow Agent to return to Pillsbury Stockholder the remainder of the Escrow Fund, if any, promptly following payment of the amount, if any, set forth above to General Mills. (d) The number of shares of General Mills Common Stock or type of property or securities issuable in connection with the transactions contemplated by this Agreement and the Subsidiary Purchase Agreements, the Contingent Share Value, the Maximum Contingent Share Value, the Disposition Value, the Target Price, the General Mills Shares Held and the calculation of Market A-11 Value shall be appropriately and equitably adjusted to reflect (i) the payment of any extraordinary distribution or dividend on shares of General Mills Common Stock (other than regular quarterly cash dividends), (ii) any stock split, stock dividend or combination of such shares or (iii) any consolidation, merger or other event which results in the conversion or exchange of such shares. (e) All calculations and determinations pursuant to this Section 2.13 shall be mutually agreed upon by Diageo and General Mills in good faith, and shall be final and binding upon all of the parties to this Agreement and on the Pillsbury Stockholder. General Mills and Diageo agree to treat Pillsbury Stockholder as the owner of the Escrow Fund for U.S. federal income Tax purposes until the Escrow Fund is disbursed pursuant to the terms hereof and the Escrow Agreement, except to the extent otherwise required pursuant to a Determination.