LONG-TERM PERFORMANCE INCENTIVE PLAN
FISCAL YEARS 2000- 2002
This booklet explains the plan provisions of the Sara Lee Corporation Long-Term Performance Incentive Plan
covering fiscal years 2000 through 2002 ("Performance Cycle"). The following pages provide detailed
information relating to the grant of restricted stock units that you have received under the Plan.
The key features of this plan are summarized below. In some countries other than the United States, variations in
plan design may occur in order to comply with local laws and tax provisions.
Restricted Stock Units
. Restricted stock units (RSUs) are granted at the beginning of the Performance Cycle. At the end of the
Performance Cycle, based upon the actual performance results, the appropriate number of RSUs are converted
to shares of Sara Lee stock, on a one-for-one basis, and issued in your name.
. The number of shares, if any, that will be released to you is dependent upon the extent to which the pre-
established performance goals are achieved during the Performance Cycle.
. An opportunity to earn additional shares is possible if performance results exceed the Superior performance
. You do not have voting rights on RSUs during the Performance Cycle.
. Dividend equivalents are accrued on your behalf through the Performance Cycle.
. Interest on accrued dividend equivalents is credited at the same rate as provided for under the Sara Lee
Corporation Executive Deferred Compensation Plan.
. Accrued dividend equivalents and interest are distributed to you to the extent that shares are earned at the end
of the Performance Cycle. No dividend equivalents or interest are paid in arrears on shares earned in excess of
the Superior performance level.
. The following Sara Lee Corporation performance measures apply to this performance cycle:
. 3-Year Cumulative Diluted Earnings Per Share
. 3-Year Average Return on Invested Capita