Exhibit 10.4


 


 


2014 Equity Plan – Performance Share
Agreement – Alternate


 


 


PERFORMANCE SHARE AGREEMENT

The Coca-Cola Company 2014 Equity Plan


 


The Coca-Cola Company (the “Company”)
hereby agrees to award to the recipient named below (the “Recipient”) performance share units over the number of shares
of Common Stock, $.25 par value, of the Company (the “Shares”) set forth below as the “Target Award” (the
“Award”) in accordance with and subject to the terms, conditions and restrictions of this Performance Share Agreement,
including any country-specific provisions for the Recipient’s country in Appendix A attached hereto (“Appendix A”,
together with Appendix B and the Performance Share Agreement, the “Agreement”). The Award shall settle as Shares, but
until such settlement, the Award will be denominated in performance share units. The Shares awarded will be released to the Recipient
on the date set forth below (“Release Date”) if the conditions described in this Agreement are satisfied. Such Award
will be made under the terms of The Coca-Cola Company 2014 Equity Plan (the “Plan”), as amended.


 


	 	Name of Recipient:  	XXXXXXXXXX
	 	Target Award:	XXXXXX Shares
	 	Award Date:	 


 


The following dates are applicable for this Award:


 


	Performance Period(s)	 
	Service Period	 
	Performance Certification Date(s)	 
	Release Date	 


 


Performance Criteria: The performance criteria shown
in Appendix B must be met for Shares to be released pursuant to an Award under this Agreement. There may be different performance
criteria for different business, geographic or other organizational units that is not shown on Appendix B. The performance criteria
that applies originally shall be based on the business, geographic or other organizational unit in which a Recipient is employed
on the first day of the Performance Period. Should the Recipient move to a different business, geographic or organizational unit,
or to an Affiliate, during the Performance Period, prorations or adjustments shall be made pursuant to guidelines established by
the Company from time to time. The number of Shares that may be released on the Release Date shall be determined based upon the
Target Award and the schedule shown in Appendix B, subject to Sections 1 and 3, and in the case of transfer, to the above-mentioned
guidelines. Appendix B constitutes part of this Agreement.


 


TERMS AND CONDITIONS OF THIS AGREEMENT


 


	(1)	General Conditions. This Award is in the form of performance share units that settle
in Shares at the Release Date. If all of the conditions set forth in this Agreement are satisfied, the Shares will be released
to the Recipient as soon as administratively possible following the Release Date. If these conditions are not satisfied, the Award
shall be forfeited. Capitalized terms in this Agreement refer to defined terms in the Plan, except as otherwise defined herein.




 


(a)                
Continuous Employment. Except as provided in Section 3 or in Appendix A, the Shares
shall be released on the Release Date only if the Recipient is continuously employed by the Company, or if different, the Recipient’s
employer (the “Employer”), or an Affiliate from the Award Date until the Release Date.


 


(b)                
Performance Conditions. The Shares shall be issuable only if (and to the extent) that
the Performance Criteria, set forth herein, are satisfied during the Performance Period. The Controller of the Company and the
Compensation Committee of the Board of Directors of the Company shall certify whether, and to what extent, the Performance Criteria
have been achieved. If the minimum performance is not met, no Shares shall be issued and the Award shall be forfeited.


 


	(2)	Shares, Dividends and Voting Rights. As soon as administratively practicable following
the Release Date, or as otherwise provided in Section 3 below, the number of Shares determined based on the Performance Criteria
shall be issued to the Recipient, provided all conditions set forth in Section 1 above are satisfied. Except as provided in Section
3 below, all Awards shall be settled in Shares. 



 






    	 



     

    

Prior to the Release Date, the Recipient shall have no rights
with respect to the Shares, including but not limited to rights to sell, vote, exchange, transfer, pledge, hypothecate or otherwise
dispose of the Shares. In addition, prior to the Release Date, the Recipient shall not be entitled to receive dividends, dividend
equivalents and shall not have any other rights with respect to the Shares.


 


	(3)	Employment Events.



 


(a)      Subject to the attached Appendix A, if any of the
employment events listed below occur prior to the Release Date, the terms of this subparagraph shall apply. The following table
describes the result depending on the reason for the Recipient’s termination of employment, or other employment event, and
the timing of the same. In the event of the Recipient’s termination of employment prior to the Release Date for reasons other
than those set forth below, the Award shall be forfeited.


 


	Event	During the Performance Period	During the Service Period
	Disability	
        ·        
        Performance Period continues

        ·        
        After the Performance Criteria are certified, the number of Shares earned are issued and released
        on the Release Date.
	
        ·        
        Service Period continues.

        ·        
        Issue and/or release Shares earned on the Release Date

	Employment with the Company or a Subsidiary terminates because of Disability	
        ·        
        Performance Period continues

        ·         After
        the Performance Criteria are certified, the number of Shares earned are issued and released on the Release Date. 
	·        
        Issue and/or release Shares earned on the Release Date

	Employee is involuntarily terminated from the Company or a Subsidiary after attaining age 50 and completing 10 Years of Service because of a reduction in workforce, internal  reorganization, or job elimination and employee signs a release of all claims and, if requested, an agreement on confidentiality and competition. 	
        ·        
        Awards held less than 12 months from the Award Date are forfeited. 

        ·        
        For Awards held at least 12 months from the Award Date, such recipient shall be entitled to
        retain a prorated number of Shares subject to the Award if such Shares have been earned, unless otherwise specified at the time
        of grant. Shares will be prorated based on the number of whole and partial calendar months of service during the Performance Period
        through the date of termination of employment, with any partial calendar months equaling a whole calendar month. The number of
        Shares earned are issued and released on the Release Date. If required by Section 409A of the Internal Revenue Code, Shares may
        not be released to specified employees until at least six months following termination of employment.
	·        
        If all requirements met, earned Shares are released on the Release Date. If required by Section 409A of the Internal Revenue Code, Shares may not be released to specified employees until at least six months following termination of employment.

	Employment with the Company or a Subsidiary terminates  after attaining age 60 and completing 10 Years of Service	
        ·        
        Awards held less than 12 months from the Award Date are forfeited.

        ·        
        For Awards held at least 12 months from the Award Date, the Performance Period continues.
        

        ·        
        After the Performance Criteria are certified, the number of Shares earned are issued and released
        on the Release Date. If required by Section 409A of the Internal Revenue Code, Shares may not be released to specified employees
        until at least six months following termination of employment.
	·        
        Issue and/or release Shares earned on the Release Date.  If required by Section 409A of the Internal Revenue Code, Shares may not be released to specified employees until at least six months following termination of employment.

	Employment with the Company or an Affiliate terminates because of death	·         The Recipient’s estate shall be paid a cash amount equal to the value of the Target Award.  The value shall be determined based on the closing price of the Shares on the date of the Recipient’s death and shall be paid within 90 days after the Recipient’s death. 	
        ·        
        If Shares have been issued, the Shares shall be released to the Recipient’s estate within
        90 days after the Recipient’s death.

        ·        
        If Shares have not been issued, the Recipient’s estate shall be paid a cash amount equal
        to the value of the Shares earned. The value shall be determined based on the closing price of the Shares on the date of the Recipient’s
        death (or in the case of death on a non trading day, the next trading day) and shall be paid within 90 days after the Recipient’s
        death.




 






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	Event	During the Performance Period	During the Service Period
	Employment with the Company or a Subsidiary involuntarily terminates for reasons other than for cause within one year after a Change in Control	·        
        Award shall be treated as described in the Plan.
	·        
        Award shall be treated as described in the Plan.

	US military leave	
        ·        
        Performance Period continues

        ·        
        After the Performance Criteria are certified, the number of Shares earned are issued and released
        on the Release Date.
	·        
        Issue and/or release Shares earned on the Release Date

	Unpaid
    leave of absence pursuant to published Company policy of 12 months or less1
    	
        ·        
        Performance Period continues

        ·        
        After the Performance Criteria are certified, the number of Shares earned are issued and released
        on the Release Date.
	
        ·        
        Service Period continues.

        ·        
        Issue and/or release Shares earned on the Release Date

	
        Transfer, at Company’s discretion, to an Affiliate
        that is not a Subsidiary

         
	
        ·        
        Performance Period continues.

        ·        
        The Performance Period will be will be prorated and based on the number of days the employee
        performed services for the respective business unit, group or for Corporate prior to transfer and the Performance Criteria for
        Corporate after the transfer.

        ·        
        After the Performance Criteria are certified, the number of Shares earned are issued and released
        on the Release Date.
	
        ·        
        Service Period continues.

        ·        
        If all requirements met, earned Shares are released on the Release Date.

	Company-Initiated transfer to another geography; multiple Performance Periods	
        ·        
        If the transfer occurs on or prior to March 30, the Award for the current Performance Period
        shall be forfeited. 

        ·        
        If the transfer occurs after March 30, the current Performance Period shall continue.
	·        
        If all requirements met, earned Shares are released on the Release Date.

	Recipient’s Employer is no longer an Affiliate under the terms of the Plan (this constitutes a termination of employment under the Plan)	·         Award is forfeited.	·         Award is forfeited.
	Employment with an Affiliate terminates for any reason other than death	·         Award is forfeited.	·         Award is forfeited.


 





 


1
In the case of other leaves of absence not specified above, including any leaves that extend beyond twelve months,
Recipients will be deemed to have terminated employment on the date of the leave (so that the Award will be forfeited as of the
date the leave begins), unless the Committee identifies a valid business interest in doing otherwise, in which case it may specify
what provisions it deems appropriate at its sole discretion; provided that the Committee shall have no obligation to consider
any such matters.






 






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(b)       “Years of Service” for purposes of this
agreement means “Years of Vesting Service” as that term is defined in The Coca-Cola Company Pension Plan, regardless
of whether the Recipient is a participant in that plan.


 


	(4)	Acceptance of Agreement. The Recipient shall indicate his or her acceptance of this Agreement, including any
Power of Attorney, if requested and in the method directed by the Company.




 


	(5)	Stock Splits and Other Adjustments. In the event that the Company’s shares, as a result of a stock split or stock dividend or combination of shares or any other
change or exchange for other securities, by reclassification, reorganization or otherwise, are increased or decreased or changed
into or exchanged for a different number or kind of shares of stock or other securities of the Company or of another corporation,
the number of Shares to be awarded under this Agreement shall be adjusted to reflect such change in such manner as the Board of
Directors of the Company or the Compensation Committee may deem appropriate. If any such adjustment shall result in a fractional
share, such fraction shall be disregarded.



 


	(6)	Notices. Each notice relating to this Award shall be in writing. All notices to the Company shall be addressed
to the Secretary, The Coca-Cola Company, One Coca-Cola Plaza, Atlanta, Georgia 30313. All notices to the Recipient shall be addressed
to the address of the Recipient on file with the Company, the Employer, and/or the Company’s plan broker, Merrill, Lynch,
Pierce, Fenner & Smith Incorporated (“Merrill Lynch”). Either the Company or the Recipient may designate a different
address by written notice to the other. Written notice to said addresses shall be effective to bind the Company, the Recipient
and the Recipient’s representatives and beneficiaries.



 


	(7)	Responsibility for Taxes. 



 


(a)      Irrespective
of any action taken by the Company or the Employer, the Recipient hereby acknowledges and agrees that the ultimate liability for
all income tax, social insurance, payroll tax, fringe benefits tax, payment on account or other tax-related items related to the
Recipient’s participation in the Plan and legally applicable to the Recipient (“Tax-Related Items”), is and
remains the responsibility of the Recipient or the Recipient’s estate (as applicable) and may exceed the amount actually
withheld by the Company or the Employer. The Recipient acknowledges and understands that the requirements with respect to the
Tax-Related Items may change from time to time as applicable laws or interpretations change.


 


(b)      Prior to any relevant
taxable or tax withholding event, as applicable, the Recipient agrees to make adequate arrangements satisfactory to the Company
and/or the Employer to satisfy all Tax-Related Items. In this regard, the Recipient authorizes the Company, the Employer, and
their respective agents, at their discretion, to satisfy the obligations with regard to all Tax-Related Items withholding obligations
by one or a combination of the following:


 


		(1)	withholding from the Recipient’s wages or other cash compensation paid to the Recipient
by the Company and/or the Employer, or any other payment of any kind otherwise due to the Recipient by the Company and/or the Employer;
or




 


		(2)	withholding from proceeds of the sale of Shares acquired upon vesting/settlement of the Award,
either through a voluntary sale or through a mandatory sale arranged by the Company (on the Recipient’s behalf pursuant to
this authorization without further consent); or 



 


		(3)	retention of or withholding in Shares to be issued upon vesting/settlement of the Award.



 


(c)      If the obligation
for Tax-Related Items is satisfied by withholding in Shares, for tax purposes, the Recipient is deemed to have been issued the
full number of Shares subject to the Award, notwithstanding that a number of the Shares are retained solely for the purpose of
paying the Tax-Related Items.


 


(d)      In addition, the
Recipient shall pay to the Company or the Employer any amount of Tax-Related Items that the Company or the Employer may be required
to withhold or account for as a result of the Recipient’s participation in the Plan that cannot be satisfied by the means
previously described. The Company may refuse to issue or deliver the Shares or the proceeds of the sale of Shares, if the Recipient
fails to comply with the Recipient’s obligations in connection with the Tax-Related Items.


 


(e)      The Recipient
further acknowledges that the Company and/or the Employer (1) make no representations or undertakings regarding the treatment
of any Tax-Related Items in connection with any aspect of the Award, including, but not limited to, the grant, vesting, settlement
or release of the Award, the issuance of Shares upon settlement or release of the Award, the subsequent sale of Shares acquired
pursuant to such settlement or release and the receipt of any dividends and/or dividend equivalents; and (2) do not commit
to and are under no obligation to structure the terms of the grant or any aspect of the Award to reduce or eliminate the Recipient’s
liability for Tax-Related Items or achieve any particular tax result. Further, if the Recipient is subject to tax in more than
one jurisdiction, the Recipient acknowledges that the Company and/or the Employer (or former employer, as applicable) may
be required to withhold or account for Tax-Related Items in more than one jurisdiction. For Recipients who are International Service
Associates or covered by another international service policy, all Tax-Related Items remain the Recipient’s responsibility,
except as expressly provided in the Company’s International Service Policy and/or Tax Equalization Policy.


 






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	(8)	Compensation Committee. The Recipient hereby agrees that (a) any
change, interpretation, determination or modification of this Agreement by the Compensation Committee shall be final and conclusive
for all purposes and on all persons including the Company and the Recipient; provided, however, that with respect to any amendment
or modification of the Plan which affects the Award of Shares made hereby, the Compensation Committee shall have determined that
such amendment or modification is in the best interests of the Recipient of such Award; and (b) this Agreement and the Award shall
not affect in any way the right of the Company or the Employer to terminate or change the employment of the Recipient.


 




	(9)	Prohibited Activities. In the event Recipient engages in a “Prohibited Activity” (as defined below),
at any time during the term of this Agreement, or within one year after termination of the Recipient’s employment from the
Company and/or the Employer, or within one year after the Release Date, whichever occurs latest, the Shares shall be forfeited
and, if applicable, any profit or gain associated with the Shares shall be forfeited and repaid to the Company.


 


Prohibited Activities are:


 


(a)                
Non-Disparagement – making any statement, written or verbal, in any forum or
media, or taking any action in disparagement of the Company, the Employer and/or any Affiliate thereof, including but not limited
to negative references to the Company or its products, services, corporate policies, or current or former officers or employees,
customers, suppliers, or business partners or associates;


 


(b)                
No Publicity – publishing any opinion, fact, or material, delivering any lecture
or address, participating in the making of any film, radio broadcast or television transmission, or communicating with any representative
of the media relating to confidential matters regarding the business or affairs of the Company, the Employer and/or any Affiliate
which the Recipient was involved with during the Recipient’s employment;


 


(c)                
Non-Disclosure of Trade Secrets – failure to hold in confidence all Trade Secrets
of the Company, the Employer and/or any Affiliate that came into the Recipient’s knowledge during the Recipient’s employment
by the Company, the Employer or any Affiliate, or disclosing, publishing, or making use of at any time such Trade Secrets, where
the term “Trade Secret” means any technical or non-technical data, formula, pattern, compilation, program, device, method,
technique, drawing, process, financial data, financial plan, product plan, list of actual or potential customers or suppliers or
other information similar to any of the foregoing, which (i) derives economic value, actual or potential, from not being generally
known to and not being readily ascertainable by proper means by, other persons who can derive economic value from its disclosure
or use, and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy;


 


(d)                
Non-Disclosure of Confidential Information – failure to hold in confidence all
Confidential Information of the Company, the Employer and/or any Affiliate that came into the Recipient’s knowledge during
the Recipient’s employment by the Company, the Employer or any Affiliate, or disclosing, publishing, or making use of such
Confidential Information, where the term “Confidential Information” means any data or information, other than Trade
Secrets, that is valuable to the Company and not generally known to the public or to competitors of the Company;


 


(e)                
Return of Materials – failure of the Recipient, in the event of the Recipient’s
termination of employment for any reason, promptly to deliver to the Company all memoranda, notes, records, manuals or other documents,
including all copies of such materials and all documentation prepared or produced in connection therewith, containing Trade Secrets
or Confidential Information regarding the Company’s business, whether made or compiled by Recipient or furnished to the Recipient
by virtue of the Recipient’s employment with the Company, the Employer or any Affiliate, or failure promptly to deliver to
the Company all vehicles, computers, credit cards, telephones, handheld electronic devices, office equipment, and other property
furnished to the Recipient by virtue of the Recipient’s employment with the Company, the Employer or any Affiliate;


 


(f)                 
Non-Compete – rendering services for any organization which, or engaging directly
or indirectly in any business which, in the sole judgment of the Compensation Committee or the Chief Executive Officer of the Company
or any senior officer designated by the Compensation Committee, is or becomes competitive with the Company;


 





(g)                
Non-Solicitation – soliciting or attempting to solicit for employment for or
on behalf of any corporation, partnership, or other business entity any employee of the Company with whom Recipient had professional
interaction during the last twelve months of the Recipient’s employment with the Company, the Employer or any Affiliate;
or


 


(h)                
Violation of Company Policies – violating any written policies of the Company
or the Employer applicable to Recipient, including without limitation the Company’s insider trading policy.


 






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	(10)	Modification of Agreement. If any of the terms of this Agreement may in the opinion of the Company conflict or
be inconsistent with any applicable law or regulation of any governmental agency having jurisdiction, the Company reserves the
right to modify this Agreement to be consistent with applicable laws or regulations.



 


	(11)	Data Privacy. The Recipient hereby explicitly and unambiguously
consents to the collection, use and transfer, in electronic or other form, of the Recipient’s personal data as described
in this Agreement and any other Award materials by and among, as applicable, the Employer, the Company and its Affiliates for the
exclusive purpose of implementing, administering and managing the Recipient’s participation in the Plan.



 


		The Recipient understands that the Employer, the Company and any Affiliate may hold certain personal information about the
Recipient, including but not limited to his or her name, home address, telephone number, date of birth, social security number
or other identification number, salary, nationality, job title, any shares of stock or directorships held in the Company and details
of all Awards or any other entitlements to shares of stock awarded, cancelled, vested, unvested, or outstanding in the Recipient’s
favor (“Data”), for the exclusive purpose of implementing, administering or managing the Plan. Certain Data may also
constitute “sensitive personal data” within the meaning of applicable local law. Such Data includes, but is not limited
to, the information provided above and any changes thereto and other appropriate personal and financial data about the Recipient.
The Recipient hereby provides explicit consent to the Company, the Employer and any Affiliate to process any such Data.



 


The Recipient understands that Data will be transferred
to Merrill Lynch, or such other stock plan service provider as may be selected by the Company in the future, which is assisting
the Company with the implementation, administration and management of the Plan. The Recipient understands that the recipients
of the Data may be located in the United States or elsewhere, and that the recipients’ country (e.g., the United States)
may have different data privacy laws and protections than the Recipient’s country. The Recipient understands that if he
or she resides outside the United States, he or she may request a list with the names and addresses of any potential recipients
of the Data by contacting his or her local human resources representative. The Recipient authorizes the Company, Merrill Lynch
and any other possible recipients which may assist the Company (presently or in the future) with implementing, administering and
managing the Plan to receive, possess, use, retain and transfer the Data, in electronic or other form, for the sole purpose of
implementing, administering and managing his or her participation in the Plan. The Recipient understands that Data will be held
only as long as is necessary to implement, administer and manage the Recipient’s participation in the Plan. The Recipient
understands if he or she resides outside the United States, he or she may, at any time, view Data, request additional information
about the storage and processing of Data, require any necessary amendments to Data or refuse or withdraw the consents herein,
in any case without cost, by contacting in writing his or her local human resources representative. Further, the Recipient understands
that he or she is providing the consents herein on a purely voluntary basis. If the Recipient does not consent, or if the Recipient
later seeks to revoke his or her consent, his or her employment status or service and career with the Employer will not be adversely
affected; the only adverse consequence of refusing or withdrawing the Recipient’s consent is that the Company would not
be able to grant the Recipient Awards or other equity awards or administer or maintain such awards. Therefore, the Recipient understands
that refusing or withdrawing his or her consent may affect the Recipient’s ability to participate in the Plan. For more
information on the consequences of the Recipient’s refusal to consent or withdrawal of consent, the Recipient understands
that he or she may contact his or her local human resources representative.


 


	(12)	Nature of Award. In accepting the Award, the Recipient acknowledges, understands and agrees that:



 


(a)      the Plan is established
voluntarily by the Company, it is discretionary in nature and the Company can amend, modify, suspend, cancel or terminate it at
any time, to the extent permitted under the Plan;


 


(b)      this Award and
any other awards under the Plan are voluntary and occasional and do not create any contractual or other right to receive future
awards or benefits in lieu of any awards, even if similar awards have been granted repeatedly in the past;


 


(c)      all determinations
with respect to any future awards, including, but not limited to, the times when awards are made, the number of Shares, and the
performance and other conditions attached to the awards, will be at the sole discretion of the Company and/or the Compensation
Committee;


 


(d)      participation
in this Plan or program is voluntary;


 


(e)      this Award and
the underlying Shares, and any income derived therefrom are not paid in lieu of and are not intended to replace any pension rights
or compensation and not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating
any termination, severance, resignation, redundancy, dismissal, end of service payments, bonuses, long-service awards, life or
accident insurance benefits, pension or retirement or welfare benefits or similar payments;


 






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(f)      for purposes of
the Award, the Recipient’s employment or service relationship will be considered terminated as of the date the Recipient
is no longer actively providing services to the Company or any Affiliate (regardless of the reason for such termination and whether
or not later to be found invalid or in breach of employment laws in the jurisdiction where the Recipient is employed or the terms
of the Recipient’s employment agreement, if any), and unless otherwise expressly provided in this Agreement or determined
by the Company, the Recipient’s right to vest in the Award under the Plan, if any, will terminate as of such date and will
not be extended by any notice period (e.g., the Recipient’s period of service would not include any contractual notice
period or any period of “garden leave” or similar period mandated under employment laws in the jurisdiction where
the Recipient is employed or the terms of the Recipient’s employment agreement, if any); the Committee shall have the exclusive
discretion to determine when the Recipient is no longer actively providing services for purposes of the Award (including whether
the Recipient may still be considered to be providing services while on a leave of absence);


 


(g)      the future value
of the underlying Shares is unknown, indeterminable and cannot be predicted with certainty;


 


(h)      no claim or entitlement
to compensation or damages shall arise from forfeiture of the Award resulting from the termination of the Recipient’s employment
or other service relationship (for any reason whatsoever whether or not later found to be invalid or in breach of employment laws
in the jurisdiction where the Recipient is employed or the terms of the Recipient’s employment agreement, if any), and in
consideration of the grant of the Award to which the Recipient is otherwise not entitled, the Recipient irrevocably agrees
never to institute any claim against the Company, the Employer or any Affiliate; if, notwithstanding the foregoing, any
such claim is allowed by a court of competent jurisdiction, then, by participating in the Plan, the Recipient shall be deemed
irrevocably to have agreed not to pursue such claim and agrees to execute any and all documents necessary to request dismissal
or withdrawal of such claim; and


 


(i)      the Award and
the Recipient’s participation in the Plan shall not create a right to employment or be interpreted as forming an employment
or services contract with the Company, the Employer or any Affiliate and shall not interfere with the ability of the Company,
the Employer or any Affiliate, as applicable, to terminate the Recipient’s employment or service relationship (if any);
and


 


(j)      if the Recipient
is providing services outside the United States, the Recipient acknowledges and agrees that neither the Company, the Employer
nor any Affiliate shall be liable for any foreign exchange rate fluctuation between the Recipient’s local currency
and the United States Dollar that may affect the value of the Award or of any amounts due to the Recipient pursuant to the settlement
of the Award or the subsequent sale of any Shares acquired upon settlement.


 


	(13)	No Advice Regarding Grant. The Company is not providing any tax, legal or financial advice, nor is the Company
making any recommendations regarding the Recipient’s participation in the Plan, or the Recipient’s acquisition or sale
of the underlying Shares. The Recipient is hereby advised to consult with his or her own personal tax, legal and financial advisors
regarding his or her participation in the Plan before taking any action related to the Plan.



 


	(14)	Entire Agreement; Severability. The Plan and this Agreement set forth the entire understanding between the Recipient,
the Employer, the Company, and any Affiliate regarding the acquisition of the Shares and supersedes all prior oral and written
agreements pertaining to this Award. If all or any part or application of the provisions of this Agreement are held or determined
to be invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction in an action between Recipient and
the Company, each and all of the other provisions of this Agreement shall remain in full force and effect.



 


	(15)	Governing Law and Venue. This Award and this Agreement has been made in and shall be governed by, construed under
and in accordance with the laws of the State of Delaware, United States of America, without regard to the conflict of law provisions,
as provided in the Plan. Any and all disputes relating to, concerning or arising from this Agreement, or relating to, concerning
or arising from the relationship between the parties evidenced by the Award or this Agreement, shall be brought and heard exclusively
in the United States District Court for the District of Delaware or the Delaware Superior Court, New Castle County. Each of the
parties hereby represents and agrees that such party is subject to the personal jurisdiction of said courts; hereby irrevocably
consents to the jurisdiction of such courts in any legal or equitable proceedings related to, concerning or arising from such dispute,
and waives, to the fullest extent permitted by law, any objection which such party may now or hereafter have that the laying of
the venue of any legal or equitable proceedings related to, concerning or arising from such dispute which is brought in such courts
is improper or that such proceedings have been brought in an inconvenient forum.



 






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	(16)	Compliance with Law. Notwithstanding any other provision of the Plan or this Agreement, unless there is an available
exemption from any registration, qualification or other legal requirement applicable to the Shares, the Company shall not be required
to deliver any Shares issuable upon settlement of the Award prior to the completion of any registration or qualification of the
Shares under any local, state, federal or foreign securities or exchange control law or under rulings or regulations of the
U.S. Securities and Exchange Commission (“SEC”) or of any other governmental regulatory body, or prior to obtaining
any approval or other clearance from any local, state, federal or foreign governmental agency, which registration, qualification
or approval the Company shall, in its absolute discretion, deem necessary or advisable. The Recipient understands that the Company
is under no obligation to register or qualify the Shares with the SEC or any state or foreign securities commission or to seek
approval or clearance from any governmental authority for the issuance or sale of the Shares. Further, the Recipient agrees that
the Company shall have unilateral authority to amend the Plan and the Agreement without the Recipient’s consent to
the extent necessary to comply with securities or other laws applicable to issuance of Shares.



 


	(17)	Language. If the Recipient has received this Agreement or any other document related to the Plan translated into
a language other than English and if the meaning of the translated version is different than the English version, the English version
will control.




 


	(18)	Electronic Delivery and Acceptance. The Company may, in its sole discretion, decide to deliver any documents
related to current or future participation in the Plan by electronic means. The Recipient hereby consents to receive such documents
by electronic delivery and agrees to participate in the Plan through an on-line or electronic system established and maintained
by the Company or a third party designated by the Company.



 


	(19)	Appendix A. The Award shall be subject to any special terms and conditions for the Recipient’s country
set forth in Appendix A. Moreover, if the Recipient relocates to one of the countries included in Appendix A, the special terms
and conditions for such country will apply to the Recipient, to the extent the Company determines that the application of such
terms and conditions is necessary or advisable for legal or administrative reasons. Appendix A constitutes part of this Agreement.



 


	(20)	Imposition of Other Requirements. The Company reserves the right to impose other requirements on the Recipient’s
participation in the Plan, on the Award and on any Shares acquired under the Plan, to the extent the Company determines it is necessary
or advisable for legal or administrative reasons, and to require the Recipient to sign any additional agreements or undertakings
that may be necessary to accomplish the foregoing.


 



	(21)	Waiver. The Recipient acknowledges that a waiver by the Company of breach of any provision of this Agreement
shall not operate or be construed as a waiver of any other provision of this Agreement, or of any subsequent breach by the Recipient
or any other Recipient.



 


	(22)	Insider Trading Restrictions/Market Abuse Laws. The Recipient acknowledges that, depending on the Recipient’s
country of residence, the Recipient may be subject to insider trading restrictions and/or market abuse laws, which may affect the
Recipient’s ability to acquire or sell shares of Common Stock or rights to shares of Common Stock (e.g., Awards) under
the Plan during such times as the Recipient is considered to have “inside information” regarding the Company (as defined
by the laws in the Recipient’s country). Any restrictions under these laws or regulations are separate from and in addition
to any restrictions that may be imposed under the Company’s insider trading policy. The Recipient acknowledges that it is
his or her responsibility to comply with any applicable restrictions, and the Recipient is advised to speak to his or her personal
advisor on this matter.



 


 


	 	THE COCA-COLA COMPANY	 
	 	 	 
	 	 	 
	 	 	 
	 	Authorized Signature	 


 


Using the Merrill Lynch voice response system or other
available means, the Recipient must accept the above Award in accordance with and subject to the terms and conditions of this Agreement
and the Plan, acknowledge that he or she has read this Agreement and the Plan, and agrees to be bound by this Agreement, the Plan
and the actions of the Committee. If he or she does not do so prior to [Date], then the Company may declare the Award null and
void at any time. Also, in the unfortunate event that death occurs before this Agreement has been accepted, this Award will be
voided, which means the Award will terminate automatically and cannot be transferred to the Recipient’s heirs pursuant to the Recipient’s
will or the laws of descent and distribution.


 






    	 	8	 



     

    

Power of Attorney


 


This Power of Attorney shall not apply if the Recipient becomes
an Executive Officer or a Reporting Officer under Section 16 of the Securities Exchange Act of 1934.


 


The Recipient, by electing to participate in the Plan and
accepting the Agreement, does hereby appoint as attorney-in-fact, the Company, through its duly appointed representative, as the
Recipient’s true and lawful representative, with full power and authority to do the following:


 


		(i)	To direct, instruct, authorize and prepare and execute any document necessary to have Merrill Lynch (or any successor broker
designated by the Company) sell on the Recipient’s behalf a set percentage of the Shares the Recipient receives at vesting
as may be needed to cover Tax-Related Items due at vesting;



		(ii)	To direct, instruct, authorize and prepare and execute any document necessary to have the Company and/or Merrill Lynch (or
any successor broker designated by the Company) use the Recipient’s bank and/or brokerage account information and any other
information as required to effectuate the sale of Shares the Recipient receives at vesting as may be needed to cover Tax-Related
Items due at vesting; 



		(iii)	To take any additional action that may be necessary or appropriate for implementation of the Plan with any competent taxing
authority; and



		(iv)	To constitute and appoint, in the Recipient’s place and stead, and as the Recipient’s substitute, one representative
or more, with power of revocation.



 


The authority set forth herein to sell Shares shall not be
valid if the Recipient or the Company notifies Merrill Lynch that the Recipient is unable to trade in Company securities due to
trading restrictions pursuant to the Company’s Insider Trading Policy or applicable securities laws.  The Recipient
hereby ratifies and confirms as his or her own act and deed all that such representative may do or cause to be done by virtue of
this instrument.


 






    	 	9	 



     

    




2014 Equity Plan – Performance Share
Agreement – Alternate


 


 




APPENDIX A


 


THE COCA-COLA COMPANY


2014 EQUITY PLAN


PERFORMANCE SHARE AGREEMENT


 


Terms and Conditions


 


This Appendix includes additional terms and conditions
that govern the Award granted to the Recipient under the Plan if the Recipient works in one of the countries listed below. If the
Recipient is a citizen or resident of a country other than the one in which the Recipient is currently working, is considered a
resident of another country for local law purposes or if the Recipient transfers employment and/or residency between countries
after the Award Date, the Company will, in its discretion, determine the extent to which the terms and conditions herein will be
applicable to the Recipient.


 


Certain capitalized terms used but not defined in this
Appendix have the same meanings set forth in the Plan and/or the Agreement, as applicable.


 


Notifications


 


This Appendix also includes information regarding securities,
exchange control and certain other tax or legal issues of which the Recipient should be aware with respect to the Recipient’s participation
in the Plan. The information is based on the securities, exchange control and other laws in effect in the respective countries
as of December 2015. Such laws are often complex and change frequently. As a result, the Company strongly recommends that the Recipient
not rely on the information in this Appendix as the only source of information relating to the consequences of the Recipient’s
participation in the Plan because the information may be out of date when the Award vests, Shares are issued to the Recipient and/or
the Recipient sells Shares acquired under the Plan.


 


In addition, the information contained herein is general
in nature and may not apply to the Recipient’s particular situation and the Company is not in a position to assure the Recipient
of a particular result. Accordingly, the Recipient is advised to seek appropriate professional advice as to how the relevant laws
in the Recipient’s country may apply to his or her situation. Furthermore, additional privacy laws may apply in the Recipient’s
country.


 


Finally, if the Recipient is a citizen or resident of
a country other than the one in which the Recipient is currently working, is considered a resident of another country for local
law purposes or if the Recipient transfers employment and/or residency between countries after the Award Date, the information
contained herein may not be applicable to the Recipient in the same manner.


 


ARGENTINA


 


Notifications


 


Securities Law Information


 


The Recipient understands that neither the Awards nor the
Shares underlying the Awards are publicly offered or listed on any stock exchange in Argentina. Therefore the offer of the Awards
does not constitute a public offering as defined under Argentine law. The offer is private and not subject to the supervision of
any Argentine governmental authority.


 


Exchange Control Information


 


If the Recipient transfers proceeds from the sale of Shares
and any cash dividends into Argentina, the Recipient may be subject to certain restrictions. If the transfer of funds received
in connection with the Award into Argentina is made within 10 days of receipt, 30% of the amount transferred into Argentina may
be subject to mandatory deposit in a non-interest bearing account for a holding period of 365 days. The Argentine bank handling
the transaction may request certain documentation in connection with the request to transfer sale proceeds into Argentina (e.g.,
evidence of the sale, proof of the source of the funds used to purchase the Shares, etc.). If the bank determines that the 10-day
rule or any other rule or regulation promulgated by the Argentine Central Bank has not been satisfied, it will require that 30%
of the proceeds be placed in a non-interest bearing deposit account for a holding period of 365 days.


 






    	 	A-1	 



     

    

The Recipient is solely responsible for complying with the
exchange control rules that may apply to the Recipient in connection with his or her participation in the Plan and/or transfer
of proceeds from the sale of Shares or receipt of dividends acquired under the Plan into Argentina. Prior to transferring funds
into Argentina, the Recipient should consult his or her local bank and/or exchange control advisor to confirm what will be required
by the bank because interpretations of the applicable Central Bank regulations vary by bank and exchange control rules and regulations
are subject to change without notice.


 


Foreign Asset/Account Reporting Information


 


Argentinian residents must report any Shares acquired under
the Plan and held by the resident on December 31 of each year on their annual tax return for that year.


 


AUSTRALIA


 


Terms and Conditions


 


Australian Offer Document


The offer of the Award is intended to comply with the provisions
of the Corporations Act 2001, ASIC Regulatory Guide 49 and ASIC Class Order CO 14/1000. Additional details are set forth in the
Offer Document for the offer of the Award to Australian resident employees, which will be provided to the Recipient with the Agreement.


 


Notifications


 


Securities Law Information


 


The Recipient understands that if he or she acquires Shares
upon vesting/settlement of the Award and subsequently offers such Shares for sale to a person or entity resident in Australia,
such an offer may be subject to disclosure requirements under Australian law. The Recipient should obtain legal advice regarding
applicable disclosure requirements prior to making any such offer.


 


Exchange Control Information


 


Australian residents must report inbound and/or outbound
cash transactions exceeding A$10,000 and inbound and/or outbound international fund transfers of any value if the transfers do
not involve an Australian bank.


 


AUSTRIA


 


Notifications


 


Securities Disclaimer


The participation in the Plan is exempt or excluded
from the requirement to publish a prospectus under the EU Prospectus Directive as implemented in Austria.






    	 	A-2	 



     

    

Consumer Protection Information


 


The Recipient may be entitled to revoke the Agreement
on the basis of the Austrian Consumer Protection Act (the “Act”) under the conditions listed below, if the Act is considered
to be applicable to the Agreement and the Plan:


		(i)	The revocation must be made within one week after the acceptance of the Agreement.



		(ii)	The revocation must be in written form to be valid. It is sufficient if the Recipient returns
the Agreement to the Company or the Company’s representative with language that can be understood as the Recipient’s
refusal to conclude or honor the Agreement, provided the revocation is sent within the period discussed above.



Exchange Control Information


If the Recipient holds securities (including Shares
acquired under the Plan) or cash (including proceeds from the sale of Shares and any cash dividends) outside of Austria (even if
the Recipient holds them outside of Austria at a branch of an Austrian bank), the Recipient may be required to report certain information
to the Austrian National Bank if certain thresholds are exceeded.


Specifically, if the Recipient is an Austrian resident
and holds securities outside of Austria, reporting requirements will apply if the value of such securities meets or exceeds (i)
€30,000,000 as of the end of any calendar quarter, or (ii) €5,000,000 as of December 31. Further, if the Recipient holds
cash in accounts outside of Austria, monthly reporting requirements will apply if the aggregate transaction volume of such cash
accounts meets or exceeds €3,000,000.


BAHRAIN


 


There are no country specific provisions.


BELGIUM


 


Notifications


 


Securities Disclaimer


The participation in the Plan is exempt or excluded
from the requirement to publish a prospectus under the EU Prospectus Directive as implemented in Belgium.


Foreign Asset/Account Reporting Information


 


The Recipient is required to report any taxable income attributable
to the Award on his or her annual tax return. Additionally, Belgian residents are required to report any security or bank accounts
(including brokerage accounts) maintained outside of Belgium on their annual tax return. In a separate report, they will be required
to provide the National Bank of Belgium with certain details regarding such foreign accounts.


 


BRAZIL


 


Terms and Conditions


 


Nature of Grant


 


The following provision supplements Section 12 of the Agreement:


 


The Recipient agrees that (i) he or she is making an investment
decision, (ii) the Shares will be issued to him or her only if the vesting conditions are met and any necessary services are rendered
by the Recipient over the vesting period, and (iii) the value of the underlying Shares is not fixed and may increase or decrease
in value over the vesting period without compensation to the Recipient.


 


Compliance with Law


 


By accepting the Award, the Recipient acknowledges his
or her agreement to comply with applicable Brazilian laws and to pay any and all applicable taxes associated with the vesting/settlement
of the Award and issuance and/or sale of Shares acquired under the Plan and the receipt of any dividends.


 






    	 	A-3	 



     

    

Notifications


 


Foreign Asset/Account Reporting Information


 


If the Recipient is resident or domiciled in Brazil,
the Recipient will be required to submit an annual declaration of assets and rights held outside of Brazil to the Central Bank
of Brazil if the aggregate value of such assets and rights is equal to or greater than US$100,000 as of December 31. Assets and
rights that must be reported include Shares acquired under the Plan.


 


CANADA


 


Terms and Conditions


 


Termination of Employment


 


The following provision supplements Section 12(f) of the
Agreement:


 


In the event of the Recipient’s termination of employment
for any reason (whether or not later found invalid or in breach of local employment laws or the terms of the Recipient’s
employment agreement, if any), any unvested portion of the Award shall be immediately forfeited without consideration.  For
purposes of the preceding sentence, the Recipient’s right to vest in the Award will terminate effective as of the earlier
of the following dates: (i) the date on which the Recipient’s employment is terminated; (ii) the date the Recipient receives
written notice of termination of employment from the Company or one of the Affiliates; or (iii) the date the Recipient is no longer
actively providing services to the Company or one of the Affiliates.  The right to vest in and exercise the Award (as discussed
above) will not be extended by any notice period (e.g., active service would not include any contractual notice period or
any period of “garden leave” or similar period mandated under Canadian laws or the terms of the Recipient’s employment
or service agreement, if any). The Committee shall have the exclusive discretion to determine when the Recipient is no longer actively
providing services for purposes of the Recipient’s Award (including whether the Recipient may still be considered to be providing
services while on a leave of absence).


 


Data Privacy


 


The following provision supplements Section 11 of the Agreement:


 


The Recipient hereby authorizes the Company and the Company’s
representatives to discuss with and obtain all relevant information from all personnel, professional or not, involved in the administration
and operation of the Plan. The Recipient further authorizes the Company, any Affiliates and any stock plan service provider that
may be selected by the Company to assist with the Plan to disclose and discuss the Plan with their respective advisors. The Recipient
further authorizes the Company and any Affiliates to record such information and to keep such information in the Recipient’s
employee file.


 


Language Consent


 


The following terms and conditions apply to the Recipients
resident in Quebec:


 


The parties acknowledge that it is their express wish that
the Agreement, as well as all documents, notices, and legal proceedings entered into, given or instituted pursuant hereto or relating
directly or indirectly hereto, be drawn up in English.


 


Consentement relatif à la langue utilisée


 


Les parties reconnaissent avoir exigé que cette
convention («Agreement») soit rédigée en anglais, ainsi que tous les documents, avis et procédures
judiciaires, éxécutés, donnés ou intentés en vertu de, ou liés directement ou indirectement
à la présente.


 






    	 	A-4	 



     

    

Notifications


 


Securities Law Information


 


The Recipient is permitted to sell Shares acquired through
the Plan through the designated broker appointed by the Company, provided the resale of Shares acquired under the Plan takes place
outside of Canada through the facilities of a stock exchange on which the Shares are listed (i.e., New York Stock Exchange).


 


Foreign Asset/Account Reporting Information


 


Canadian residents are required to report any foreign property
(e.g., Shares acquired under the Plan and possibly unvested Awards) on form T1135 (Foreign Income Verification Statement)
if the total cost of their foreign property exceeds C$100,000 at any time in the year. It is the Recipient’s responsibility
to comply with these reporting obligations, and the Recipient should consult his or her own personal tax advisor in this regard.


 


CHILE


 


Notifications


 


Securities Law Information


 


Neither the Company nor Shares are registered with the Chilean
Registry of Securities or under the control of the Chilean Superintendence of Securities.


 


Exchange Control Information


 


It is responsibility of the Recipient to make sure
that the Recipient complies with exchange control requirements in Chile when the value of Recipient’s share transaction is
in excess of US$10,000.


If the aggregate value of the Shares received under
the Award exceeds US$10,000, the Recipient must sign Annex 1 of the Manual of Chapter XII of the Foreign Exchange Regulations and
file it directly with the Central Bank within 10 days of the settlement of the Awards.


The Recipient is not required to repatriate funds
obtained from the sale of the Shares. However, if the Recipient decides to repatriate such funds, the Recipient must do so through
the Formal Exchange Market if the amount of the funds exceeds US$10,000. In such case, the Recipient must report the payment to
a commercial bank or registered foreign exchange office receiving the funds.


If Recipient’s aggregate investments held outside
of Chile exceeds US$5,000,000 (including the investments made under the Plan), the Recipient must report the investments annually
to the Central Bank. Annex 3.1 of Chapter XII of the Foreign Exchange Regulations must be used to file this report.


Please note that exchange control regulations in Chile
are subject to change. The Recipient should consult with his or her personal legal advisor regarding any exchange control obligations
that the Recipient may have in connection with the Award.


Annual Tax Reporting Obligation


 


The Chilean Internal Revenue (the “CIRS”)
requires all taxpayers to provide information annually regarding: (i) the taxes paid abroad which they will use as a credit against
Chilean income taxes, and (ii) the results of foreign investments. These annual reporting obligations must be complied with by
submitting a sworn statement setting forth this information before March 15 of each year. The forms to be used to submit the sworn
statement are Tax Form 1853 “Annual Sworn Statement Regarding Credits for Taxes Paid Abroad” and Tax Form 1851 “Annual
Sworn Statement Regarding Investments Held Abroad.” If the Recipient is not a Chilean citizen and has been a resident in
Chile for less than three years, the Recipient is exempt from the requirement to file Tax Form 1853. These statements must be submitted
electronically through the CIRS website at http://www.sii.cl.


 






    	 	A-5	 



     

    
CHINA


 


Terms and Conditions 


 


The following provisions govern the Recipient’s
participation in the Plan if the Recipient is a national or passport holder of the People’s Republic of China (“PRC”)
resident and working in mainland China:


 


Separation from the Company


 


Notwithstanding any provisions in the Agreement to the contrary,
the following provisions apply in the event of separation from the Company or an Affiliate in China due to Disability and Retirement:


 


Awards held less than 12 months from the date of Award are
forfeited.


 


For Awards held at least 12 months, the Performance Period
shall be shortened to the beginning of the original Performance Period through the end of the year prior to the year of termination
of employment after having attained age 55 and completing 10 Years of Service (“Retirement”) or Disability, as applicable.
If the Performance Criteria are met during the shortened Performance Period, instead of an award of Shares, the Recipient shall
be paid a cash amount equal to the value of the Shares that would have been earned based upon performance during the shortened
period. The value shall be determined based on the closing price of the Shares on the date of the Recipient’s Disability
or Retirement, as applicable, and shall be paid within 90 days of the Recipient’s Disability or Retirement, as applicable.


 


The following provision of Section 3(a) of the Agreement
is replaced with the following:


 


	Employment with the Company or a Subsidiary terminates  after attaining age 55 and completing 10 Years of Service	
        ·        
        Awards held less than 12 months from the Award Date are forfeited.

        ·        
        For Awards held at least 12 months from the Award Date, the Performance Period continues.
        

        ·        
        After the Performance Criteria are certified, the number of Shares earned are issued and released
        on the Release Date. If required by Section 409A of the Internal Revenue Code, Shares may not be released to specified employees
        until at least six months following termination of employment.
	·        
        Issue and/or release Shares earned on the Release Date.  If required by Section 409A of the Internal Revenue Code, Shares may not be released to specified employees until at least six months following termination of employment.



 


Exchange Control Requirements


 


By accepting the Award, the Recipient acknowledges that he
or she understands and agrees that, due to exchange control requirements in China, the Recipient is not permitted to transfer any
Shares acquired under the Plan out of the Recipient’s account established with the Company’s designated broker. In
addition, as a condition of participation, the Recipient must execute the Power of Attorney below and agree to certain special
terms and conditions as set forth below to comply with exchange control requirements in China and allow the Plan to continue in
operation. Any and all Awards granted to the Recipient (including any and all outstanding Awards previously granted, any Shares
issued to the Recipient in respect thereof, as well as current and future grants of Awards issued to the Recipient hereafter) are
subject to local exchange control requirements, including the following special terms and conditions:


 


(i)            
Notwithstanding any terms or conditions of the Plan and the Agreement to the contrary, the
Recipient must sell all of the Shares received through the vesting of any Award within six (6) months following the Recipient’s
termination of employment for any reason, or within any other timeframe as may be required by the State Administration of Foreign
Exchange (“SAFE”), Shanghai branch. In no event shall the Recipient be permitted to hold Shares later than six (6)
months following the date of the Recipient’s termination of employment for any reason, and the Company will authorize Merrill
Lynch (or any successor broker designated by the Company) to sell the Shares (on the Recipient’s behalf and pursuant to the
authorization without further consent) should the Shares remain in the Recipient’s account more than six (6) months following
the Recipient’s termination of employment. In addition, upon vesting of the Award, a set percentage of the Shares issued
at vesting may need to be sold in order to cover any Tax-Related Items due at vesting.


 






    	 	A-6	 



     

    

The Recipient must authorize Merrill Lynch, Pierce, Fenner
& Smith Incorporated (“Merrill Lynch”) or any successor broker designated by the Company to sell such Shares as
described above (on the Recipient’s behalf and pursuant to this authorization) and provide to the Company and/or Merrill
Lynch any documentation or evidence necessary to effect such sale of the Shares. Neither the Company nor Merrill Lynch (or any
successor broker designated by the Company) are under any obligation to arrange for such sale of the Shares at any particular price
or on any specific date or time. Further, the Company shall have the exclusive discretion to determine when the Recipient is no
longer actively providing service for purposes of the Award;


 


(ii)          
The Recipient must repatriate the cash proceeds from the sale of the Shares issued upon the
vesting of the Award to China. Such repatriation of the cash proceeds may need to be effectuated through a special exchange control
account established by the Company, the Employer or any other Affiliate in China, and any proceeds from the sale of any Shares
the Recipient acquires may be transferred to such special account prior to being delivered to the Recipient (less any Tax-Related
Items and any brokerage fees or commissions);


 


(iii)         
The Company will deliver the proceeds of the sale of Shares (less any Tax Related Items and
any brokerage fees or commissions) to the Recipient as soon as possible, but there may be delays in distributing the funds to the
Recipient due to exchange control requirements in China. Proceeds may be paid to the Recipient in U.S. dollars or local currency
at the Company’s discretion. If the proceeds are paid to the Recipient in U.S. dollars, the Recipient will be required to
set up a U.S. dollar bank account in China so that the proceeds may be deposited into this account. If the proceeds are paid to
the Recipient in local currency, the Company is under no obligation to secure any particular exchange conversion rate and the Company
may face delays in converting the proceeds to local currency due to exchange control restrictions. The Recipient acknowledges and
agrees that he or she bears the risk of any currency conversion rate fluctuation between the date that the Shares or any dividends
paid on the Shares are sold, as applicable, and the date of conversion of the cash proceeds to local currency.


 


(iv)        
The Recipient further agree to comply with any other requirements that may be imposed by the
Company in the future in order to facilitate compliance with exchange control requirements in China.


 


Power of Attorney


 


The Recipient is a PRC national employee working for the
Company, the Employer or another Related company in China and, by electing to participate in the Plan and accepting the Agreement
(including this Appendix), the Recipient does hereby appoint as attorney-in-fact, the Company, through its duly appointed representative,
as the Recipient’s true and lawful representative, with full power and authority to do the following:


 


(i)           
To direct, instruct, authorize and prepare and execute any document necessary to have Merrill
Lynch (or any successor broker designated by the Company) sell on the Recipient’s behalf a set percentage of the Shares the
Recipient receives at vesting as may be needed to cover Tax-Related Items due at vesting;


 


(ii)         
To direct, instruct, authorize and prepare and execute any document necessary to have Merrill
Lynch (or any successor broker designated by the Company) sell on the Recipient’s behalf any and all Shares the Recipient
receives through the vesting of the Recipient’s Award, which are still being held in his or her brokerage account as of the
date which is six (6) months following the date of his or her termination of employment;


 


(iii)       
To direct, instruct, authorize and prepare and execute any document necessary to have Merrill
Lynch (or any successor broker designated by the Company) repatriate the proceeds of the sale of the Recipient’s Shares through
a special exchange control account in China established by the Company, the Employer or any other Affiliate;


 


(iv)        
To direct, instruct, authorize and prepare and execute any document necessary to have the
Company and/or Merrill Lynch (or any successor broker designated by the Company) use the Recipient’s bank and/or brokerage
account information and any other information as required to effectuate the sale of Shares and the repatriation and delivery of
the cash proceeds from such sale; 


 






    	 	A-7	 



     

    

(v)          
To take any additional action that may be necessary or appropriate for implementation of the
Plan with SAFE and any other competent PRC authority, including but not limited to the transfer of funds through a special exchange
control account in China; and


 


(vi)        
To constitute and appoint, in the Recipient’s place and stead, and as the Recipient’s
substitute, one representative or more, with power of revocation.


 


The Recipient hereby ratifies and confirms as his or her
own act and deed all that such representative may do or cause to be done by virtue of this instrument.


 


Notifications


 


Foreign Asset/Account Reporting Information


 


The Recipient may be required to report to SAFE all details
of his or her foreign financial assets and liabilities, as well as details of any economic transactions conducted with non-PRC
residents. Under these rules, the Recipient may be subject to reporting obligations for the Awards, Shares acquired under the Plan,
the receipt of any dividends and the sale of Shares.


 



COSTA RICA


 


There are no country-specific provisions.


 


EGYPT


 


Notifications


 


Exchange Control Information


 


If the Recipient transfers funds into Egypt in connection
with the Award, the Recipient is required to transfer the funds through a registered bank in Egypt.


 


FRANCE


 


Terms and Conditions


 


Awards Not Tax-Qualified


 


The Award is not intended to be a tax-qualified
or tax-preferred award, including without limitation, under under Sections L. 225-197-1 to L. 225-197-6 of the French Commercial
Code.  The recipient is encouraged to consult with a personal tax advisor to understand the tax and social insurance implications
of the Award.


 


Language Consent 


 


By accepting the French Award, the Recipient confirms
having read and understood the documents relating to this grant (the Plan and the Agreement) which were provided in English
language.  The Recipient accepts the terms of those documents accordingly. The Recipient confirms that the Recipient has a
good knowledge of the English language.


 


En acceptant l’Attribution, le Bénéficiaire
confirme avoir lu et compris les documents relatifs à cette attribution (le Plan et ce Contrat) qui ont été
fournis en langue anglaise. Le Bénéficiaire accepte les dispositions de ces documents en connaissance de cause. Etant
précisé que le Titulaire a une bonne maîtrise de la langue anglaise.


 






    	 	A-8	 



     

    

Notifications


 


Securities Disclaimer


 


The participation in the Plan is exempt or excluded
from the requirement to publish a prospectus under the EU Prospectus Directive as implemented in France.


 


Foreign Asset/Account Information


 


The Recipient may hold Shares acquired upon vesting/settlement
of the Award, any proceeds resulting from the sale of Shares or any dividends paid on such Shares outside of France, provided the
Recipient declares all foreign bank and brokerage accounts (including any accounts that were opened or closed during the tax year)
with  his or her annual income tax return.  Failure to complete this reporting may trigger penalties for the resident. 


 


GERMANY


 


Notifications


 


Securities Disclaimer


 


The participation in the Plan is exempt or excluded from the requirement
to publish a prospectus under the EU Prospectus Directive as implemented in Germany.


 


Exchange Control Information


 


Cross-border payments in excess of €12,500 must be reported
monthly to the German Federal Bank (Bundesbank). In the event that the Recipient makes or receives a payment in excess of
this amount, he or she is required to report the payment to Bundesbank electronically using the “General Statistics Reporting
Portal” (“Allgemeines Meldeportal Statistik”) available via Bundesbank’s website (www.bundesbank.de).


 


GREECE


 


Notifications


 


Securities Disclaimer


 


The participation in the Plan is exempt or excluded from
the requirement to publish a prospectus under the EU Prospectus Directive as implemented in Greece.


 


HONG KONG


 


Terms and Conditions


 


Securities Law Notice


 


WARNING: The Award and the Shares underlying the Awards
do not constitute a public offering of securities under Hong Kong law and are available only to employees of the Company or its
Affiliates participating in the Plan. The Recipient should be aware that the contents of the Agreement have not been prepared in
accordance with and are not intended to constitute a “prospectus” for a public offering of securities under the applicable
securities legislation in Hong Kong. Nor have the documents been reviewed by any regulatory authority in Hong Kong. The Agreement
and the Plan are intended only for the personal use of each Recipient and may not be distributed to any other person. The Recipient
is advised to exercise caution in relation to the offer of the Award. If the Recipient is in any doubt about any of the contents
of the Agreement, including this Appendix, or the Plan, the Recipient should obtain independent professional advice.


 






    	 	A-9	 



     

    

Sale of Shares


 


Any Shares received at vesting are accepted as a personal
investment. In the event that any portion of this Award vests within six months of the Award Date, the Recipient agrees that he
or she will not offer to the public or otherwise dispose of the Shares acquired prior to the six-month anniversary of the Award
Date.


 


Notifications


 


Occupational Retirement Schemes Ordinance Alert


 


The Company specifically intends that neither the Award nor
the Plan will be an occupational retirement scheme for purposes of the Occupational Retirement Schemes Ordinance (“ORSO”).


 


INDIA


 


Notifications


 


Exchange Control Information


 


The Recipient must repatriate to India all funds resulting
from the sale of Shares within 90 days and all proceeds from the receipt of any dividends within 180 days. The Recipient will receive
a foreign inward remittance certificate (“FIRC”) from the bank where he or she deposits the foreign currency. The Recipient
should maintain the FIRC as evidence of the repatriation of funds in the event that the Reserve Bank of India or the Employer requests
proof of repatriation.


 


Foreign Asset/Account Reporting Information


 


The Recipient is required to declare in his or her annual
tax return his or her foreign financial assets (including Shares) and any foreign bank accounts. The Recipient understands that
it is the Recipient’s responsibility to comply with this reporting obligation and is advised to confer with a personal tax
advisor in this regard.


 


IRELAND


 


Notifications


 


Director Notification Requirement


 


If the Recipient is a director, shadow director or secretary
of an Irish Affiliate, the Recipient is required to notify such Irish Affiliate in writing within five business days of (i) receiving
or disposing of an interest in the Company (e.g., the Awards, Shares, etc.), (ii) becoming aware of the event giving rise
to the notification requirement, or (iii) becoming a director, shadow director or secretary of an Irish Affiliate if such an interest
exists at the time.  This notification requirement also applies with respect to the interests of a spouse or children under
the age of 18 (whose interests will be attributed to the director, shadow director or secretary, as the case may be).


 


Securities Disclaimer


 


The participation in the Plan is exempt or excluded from the requirement
to publish a prospectus under the EU Prospectus Directive as implemented in Ireland.


 






    	 	A-10	 



     

    

ITALY


 


Terms and Conditions


 


Data Privacy


 


The following provision replaces Section 11 of the Agreement:


 


The Recipient understands that the Company, the Employer
and any Affiliate may hold certain personal information about him or her, including, but not limited to, the Recipient’s
name, home address and telephone number, date of birth, social insurance or other identification number, salary, nationality, job
title, any Shares or directorships held in the Company or any Affiliate, details of all Awards, or any other entitlement to Shares
awarded, cancelled, exercised, vested, unvested or outstanding in the Recipient’s favor (“Data”), for the exclusive
purpose of implementing, managing and administering the Plan. The Recipient is aware that providing the Company with Data is necessary
for the performance of the Plan and that his or her refusal to provide such Data would make it impossible for the Company to perform
its contractual obligations and may affect the Recipient’s ability to participate in the Plan.


 


The Controller of personal data processing is The Coca-Cola
Company with registered offices at One Coca-Cola Plaza, Atlanta Georgia, 30313, United States of America, and, pursuant to Legislative
Decree no. 196/2003, its representative in Italy is Coca-Cola Italia S.r.l., Edison Park Center, Viale Tommaso Edison 110, 20099
Sesto San Giovanni, Milan, Italy.


 


The Recipient understands that Data may be transferred to
the Company or any of its Affiliates, or to any third parties assisting in the implementation, management and administration of
the Plan, including any transfer required to its designated broker or other third party with whom Shares acquired under the Plan
or cash from the sale of such Shares may be deposited. Furthermore, the recipients that may receive, possess, use, retain, and
transfer such Data may be located in Italy or elsewhere, including outside the European Union, and the recipients’ country
(e.g., the United States) may have different data privacy laws and protections than Italy.


 


The processing activity, including transfer of Data abroad,
including outside of the European Economic Area, as herein specified and pursuant to applicable laws and regulations, does not
require the Recipient’s consent thereto as the processing is necessary to performance of contractual obligations related
to implementation, administration, and management of the Plan. The Recipient understands that Data processing related to the purposes
specified above shall take place under automated or non-automated conditions, anonymously when possible, that comply with the purposes
for which Data is collected and with confidentiality and security provisions as set forth by applicable laws and regulations, with
specific reference to Legislative Decree no. 196/2003.


 


The Recipient understands that Data will be held only as
long as is required by law or as necessary to implement, administer and manage the Recipient’s participation in the Plan.
The Recipient understands that, pursuant to Section 7 of the Legislative Decree no. 196/2003, he or she has the right to, including
but not limited to, access, delete, update, correct, or terminate, for legitimate reason, the Data processing. Furthermore, the
Recipient is aware that Data will not be used for direct marketing purposes. In addition, Data provided can be reviewed and questions
or complaints can be addressed by contacting the Recipient’s local human resources representative.


 


Plan Document Acknowledgment


 


In accepting the Award, the Recipient acknowledges that he
or she has received a copy of the Plan and the Agreement and has reviewed the Plan and the Agreement, including this Appendix,
in their entirety and fully understands and accepts all provisions of the Plan and the Agreement, including this Appendix.


 


The Recipient acknowledges that he or she has read and
specifically and expressly approves the following sections of the Agreement: Section (3) Employment Events; Section (7) Responsibility
for Taxes; Section (12) Nature of Award; Section (15) Governing Law and Venue; Section (18) Electronic Delivery and Acceptance;
Section (19) Appendix A; Section (20) Imposition of Other Requirements; and the Data Privacy section above.


 


Notifications


 


Foreign Asset/Account Reporting Information


 


If the Recipient is an Italian resident who, at any time
during the fiscal year, holds foreign financial assets (including cash and Shares) which may generate taxable income in Italy,
the Recipient is required to report these assets on his or her annual tax return for the year during which the assets are held,
or on a special form if no tax return is due. These reporting obligations also apply if the Recipient is the beneficial owner of
foreign financial assets under Italian money laundering provisions.


 






    	 	A-11	 



     

    

Securities Disclaimer


 


The grant of the Award is exempt from the requirement to publish
a prospectus under the EU Prospectus Directive as implemented in Italy.


 


JAPAN


 


Notifications


 


Foreign Asset/Account Reporting Information


 


Japanese residents holding assets outside of Japan with a
total net fair market value exceeding ¥50,000,000 (as of December 31 each year) are required to comply with annual tax reporting
obligations with respect to such assets. The Recipient is advised to consult with a personal tax advisor to ensure that he or she
is properly complying with applicable reporting requirements.


 


KENYA


 


There are no country-specific provisions.


 


MEXICO


 


Terms and Conditions


 


Labor Law Acknowledgment


 


These provisions supplement Section 12 of the Agreement:


 


Modification. By accepting the Award, the Recipient
understands and agrees that any modification of the Plan or the Agreement or its termination shall not constitute a change or impairment
of the terms and conditions of the Recipient’s employment.


 


Policy Statement. The grant of the Award made under
the Plan is unilateral and discretionary and, therefore, the Company reserves the absolute right to amend it and discontinue it
at any time without any liability.


 


The Company with registered offices at One Coca-Cola Plaza,
Atlanta Georgia, 30313, United States of America, is solely responsible for the administration of the Plan and participation in
the Plan and the acquisition of Shares does not, in any way, establish an employment relationship between the Recipient and the
Company since the Recipient is participating in the Plan on a wholly commercial basis and the Recipient’s sole employer is
Servicios Integrados de Administración y Alta Gerencia S. de R.L. de C.V., nor does it establish any rights between the
Recipient and the Employer.


 


Plan Document Acknowledgment


 


By accepting the grant of the Awards, the Recipient acknowledges
that the Recipient has received a copy of the Plan, has reviewed the Plan and the Agreement in their entirety and fully understands
and accepts all provisions of the Plan and the Agreement.


 


In addition, by signing the Agreement, the Recipient further
acknowledges that he or she has read and specifically and expressly approves the terms and conditions in Section 12 of the Agreement
(“Nature of Award,” in which the following is clearly described and established: (i) participation in the Plan does
not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary
basis; (iii) participation in the Plan is voluntary; and (iv) none of the Affiliates or the Company is responsible for any decrease
in the value of the Shares underlying the Award.


 






    	 	A-12	 



     

    

Finally, the Recipient hereby declares that the Recipient
does not reserve any action or right to bring any claim against the Company for any compensation or damages as a result of the
Recipient’s participation in the Plan and therefore grants a full and broad release to the Employer, the Company and any
Affiliates with respect to any claim that may arise under the Plan.


Spanish Translation


 


Términos y Condiciones


 


Reconocimiento de la Ley Laboral aplicable


 


Los presentes lineamientos reemplazarán a la Cláusula
12 del Contrato.


 


Modificación. Al aceptar el Otorgamiento,
el Beneficiario reconoce y entiende que cualquier modificación al Plan o al Contrato o su terminación no serán
considerados como un cambio o disminución en los términos y condiciones de su relación de trabajo.


 


Declaración de Política. El
Otorgamiento realizado conforme al Plan es unilateral y discrecional y, por lo tanto, la Compañía se reserva el derecho
absoluto de modificar y discontinuar el mismo en cualquier tiempo, sin responsabilidad alguna.


 


La Compañía, con oficinas registradas ubicadas
enOne Coca Cola Plaza, Atlanta Georgia, 30313, EE.UU., es la única responsable de la administración del Plan y de
la participación en el mismo, y la adquisición de Acciones no establece de forma alguna una relación de trabajo
entre el Beneficiario y la Compañía, ya que su participación en el Plan es completamente comercial, y el único
empleador del Beneficiario es Servicios Integrados de Administración y Alta Gerencia, S. de R.L. de C.V., así
como tampoco establece ningún derecho entre el Beneficiario y el Patrón.


 


Reconocimiento del Documento del Plan. Al
aceptar el Otorgamiento, el Beneficiario reconoce que ha recibido una copia del Plan, que ha revisado el Plan y el Contrato y que
entiende y acepta completamente todas las disposiciones contenidas en el Plan y en el Contrato. 


 


Adicionalmente, al firmar el Contrato, el Beneficiario
reconoce que ha leído y que aprueba específica y expresamente los términos y condiciones contenidos en la
cláusula 12 del Contrato (“Naturaleza del Otorgamiento”) en el cual se encuentra claramente descrito y establecido
lo siguiente: (i) la participación en el Plan no constituye un derecho adquirido; (ii) el Plan y la participación
en el mismo es ofrecida por la Compañía de forma enteramente discrecional; (iii) la participación en el Plan
es voluntaria; y (iv) ninguna de las empresas Afiliadas o la Compañía, son responsables por cualquier disminución
en el valor de las Acciones en relación al Otorgamiento. 


 


Finalmente, el Beneficiario manifiesta que no se reserva
ninguna acción o derecho para interponer una demanda en contra de la Compañía por compensación, daño
o perjuicio alguno como resultado de la participación del Beneficiario en el Plan y, en consecuencia, otorga el más
amplio finiquito al Patrón, así como a la Compañía y empresas Afiliadas con respecto a cualquier demanda
que pudiera originarse en virtud del Plan.


 


MOROCCO


 


Notifications


 


Exchange Control Information


 


The Company reserves the right to force the immediate
sale of any Shares to be issued upon vesting and settlement of the Award. If applicable, the Recipient agrees that the Company
is authorized to instruct its designated broker to assist with the mandatory sale of such Shares (on the Recipient’s behalf
pursuant to this authorization) and the Recipient expressly authorizes the Company’s designated broker to complete the sale
of such Shares. The Recipient acknowledges that the Company’s designated broker is under no obligation to arrange for the
sale of Shares at any particular price. Upon the sale of the Shares, the Company agrees to pay the Recipient the cash proceeds
from the sale of the Shares, less any brokerage fees or commissions and subject to any obligation to satisfy Tax-Related Items.
The Recipient acknowledges that the Recipient is not aware of any material nonpublic information with respect to the Company or
any securities of the Company as of the date of this Agreement.


 






    	 	A-13	 



     

    

The Recipient is required immediately to repatriate
to Morocco the proceeds from the sale of any Shares which may be issued to the Recipient at vesting and settlement of the Awards.
Such repatriation of proceeds may need to be effectuated through a special account established by the Company, its Subsidiary or
Affiliate. By accepting the Awards, the Recipient consents and agrees that the cash proceeds may be transferred to such special
account prior to being delivered to the Recipient.


 


If repatriation of proceeds is not effectuated through
a special account, the Recipient agrees to maintain his or hers own records proving repatriation and to provide copies of these
records upon request from the Company, its Subsidiary and/or the Office des Changes. The Recipient is responsible for ensuring
compliance with all exchange control laws in Morocco.


 


PAKISTAN


 


Terms and Conditions


 


Immediate Sale of Shares


 


Notwithstanding anything to the contrary in the Agreement
and the Plan, due to local regulatory requirements, the Recipient agrees to the immediate sale of any Shares to be issued to the
Recipient on the Release Date. The Recipient further agrees that the Company is authorized to instruct its designated broker to
assist with the mandatory sale of such Shares (on the Recipient’s behalf pursuant to this authorization without further consent)
and the Recipient expressly authorizes the Company’s designated broker to complete the sale of such Shares. The Recipient
acknowledges that the Company and its designated broker are under no obligation to arrange for the sale of the Shares at any particular
price. Upon the sale of the Shares, the Company will deliver to the Recipient the cash proceeds from the sale of the Shares, less
any Tax-Related Items and brokerage fees or commissions.


 


Notifications


 


Exchange Control Information


 


The Recipient is required immediately to repatriate to Pakistan
the proceeds from the sale of Shares as described above. The Recipient should consult his or her personal advisor prior to exercise
and settlement of the Awards to ensure compliance with the applicable exchange control regulations in Pakistan, as such regulations
are subject to frequent change. The Recipient is responsible for ensuring compliance with all exchange control laws in Pakistan.


 


PHILIPPINES


 


Notifications


 


Securities Law Information


 


The Recipient acknowledges that the Recipient is permitted
to sell Shares acquired under the Plan through the broker, provided that such sale takes place outside of the Philippines through
the facilities of the New York Stock Exchange on which the Shares are listed.


 


The securities being offered or sold herein have not been
registered with the Philippines Securities and Exchange Commission under its Securities Regulation Code (the “SRC”).
Any future offer or sale thereof is subject to registration requirements under the SRC unless such offer or sale qualifies as an
exempt transaction.


 






    	 	A-14	 



     

    

RUSSIA


 


Terms and Conditions


 


U.S. Transaction and Sale Restrictions


 


The Recipient understands that acceptance of the grant of
the Award results in a contract between the Recipient and the Company completed in the United States and that the Agreement are
governed by the laws of the Commonwealth of Delaware, without regard to choice of law principles thereof. Any Shares acquired under
the Plan shall be delivered to the Recipient through a brokerage account in the U.S. The Recipient may hold the Shares in his or
her brokerage account in the U.S.; however, in no event will Shares issued to the Recipient under the Plan be delivered to the
Recipient in Russia. The Recipient is not permitted to sell the Shares directly to other Russian legal entities or individuals,
nor is Recipient permitted to bring any certificates representing the Shares into Russia (if such certificates are actually issued).


 


Depending on the development of local regulatory requirements,
the Company reserves the right to require the immediate sale of any Shares to be issued to Recipient upon vesting of the Award.
By accepting the Award, Recipient acknowledges that Recipient understands and agree that the Company is authorized to, and may,
in its sole discretion, instruct its designated broker to assist with the mandatory sale of Shares issued to the Recipient upon
vesting of the Award (on Recipient’s behalf pursuant to this authorization) and Recipient expressly authorizes the Company’s
designated broker to complete the sale of such Shares. Recipient acknowledges that the Company’s designated broker is under
no obligation to arrange for the sale of the Shares at any particular price. Upon the sale of the shares of Shares, Recipient will
receive the cash proceeds, less any Tax-Related Items and brokerage fees or commissions.


 


Data Privacy


 


The following provision replaces Section 11 of the Agreement:


 


By accepting the Award, the Recipient acknowledges that he
or she has read, understood and agrees to the terms regarding the collection, processing and transfer of data described in Section
11 of the Agreement. In this regard, upon request of the Company or the Employer, the Recipient agrees to provide an executed data
privacy consent form or any similar agreements or consents that the Company or the Employer may deem necessary to obtain under
the data privacy laws in Russia, either now or in the future. The Recipient understands that he or she will not be able to participate
in the Plan if the Recipient fails to execute any such consent or agreement that may be requested.


 


Notifications


 


Securities Law Information


 


The Employer is not in any way involved in the offer
of the Award or administration of the Plan. The Agreement, the Plan and all other materials the Recipient may receive regarding
participation in the Plan do not constitute advertising or an offering of securities in Russia. The issuance of Shares under the
Plan has not and will not be registered in Russia and hence the Shares described in any Plan-related documents may not be offered
or placed in public circulation in Russia.


 


Please note that, under the Russian
law, the Recipient is not permitted to sell or otherwise alienate the Shares directly to other Russian individuals and the Recipient
is not permitted to bring Share certificates into Russia.


 


Exchange Control Information


 


The Recipient is responsible for complying with all
currency control laws and regulations in Russia that may apply to participation in the Plan. Within a reasonably short time after
the receipt of any funds resulting from the Award (e.g., sale proceeds, dividends, etc.), the funds must be repatriated
to Russia and credited to a Russian resident Recipient through a foreign currency account at an authorized bank in Russia. After
the funds are initially received in Russia, they may be further remitted to foreign banks in accordance with Russian exchange control
laws. Effective August 2, 2014, dividends (but not dividend equivalents) do not need to be remitted to a Russian resident Recipient’s
bank account in Russia but instead can be remitted directly to a foreign individual bank account (in Organisation for Economic
Cooperation and Development (“OECD”) and Financial Action Task Force (“FATF”) countries). The Recipient
should consult his or her personal advisor before remitting any funds into Russia, as exchange control requirements are subject
to change at any time, often without notice.


 






    	 	A-15	 



     

    

Labor Law Information


 


If the Recipient continues to hold Common Stock acquired
at vesting of the Award after an involuntary termination of employment, he or she may not be eligible to receive unemployment benefits
in Russia.


 


SINGAPORE


 


Notifications


 


Securities Law Information


 


The Award is being granted pursuant to the “Qualifying
Person” exemption under section 273(1)(f) of the Securities and Futures Act (Chapter 289, 2006 Ed.) (“SFA”).
The Plan has not been lodged or registered as a prospectus with the Monetary Authority of Singapore. The Recipient should note
that the Award is subject to section 257 of the SFA and the Recipient should not make any subsequent sale of the Shares in Singapore
or any offer of such subsequent sale of the Shares in Singapore, unless such sale or offer is made (1) after 6 months from the
Award Date or (2) pursuant to the exemptions under Part XIII Division (1) Subdivision (4) (other than section 280) of the SFA.


 


Chief Executive Officer and Director Notification Requirement


 


If the Recipient is a Chief Executive Officer (“CEO”)
or a director, associate director or shadow director of the Company’s Singapore Affiliate, the Recipient is subject to certain
notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify the Company’s
Singapore Affiliate in writing when the Recipient receives an interest (e.g., the Awards, Shares, etc.) in the Company or
any Affiliates within two business days of (i) its acquisition or disposal, (ii) any change in a previously disclosed interest
(e.g., when Shares are sold), or (iii) becoming a CEO, director, associate director or shadow director. 


 


SOUTH AFRICA


 


Terms and Conditions


 


Tax Acknowledgment


 


By accepting the Award, the Recipient agrees to notify the
Employer of the amount of any gain realized at the taxable event. If the Recipient fails to advise the Employer of the gain realized
at the taxable event, the Recipient may be liable for a fine. The Recipient will be responsible for paying any difference between
the actual tax liability and the amount withheld.


 


Notifications


 


Exchange Control Information


 


South African residents may be required to obtain approval
from the South African Reserve Bank for payments (including payment of the proceeds from the sale of Shares) that he or she receives
into accounts held outside of South Africa (e.g., a U.S. brokerage account). The Recipient should consult his or her personal
advisor to ensure compliance with current exchange control regulations.


 






    	 	A-16	 



     

    

SPAIN


 


Terms and Conditions


 


Labor Law Acknowledgment


 


The following provision supplements Section 12 of the Agreement:


 


In accepting the Award, the Recipient consents to participate
in the Plan and acknowledges that he or she has received a copy of the Plan.


 


The Recipient understands and agrees that the Company
has unilaterally, gratuitously and discretionally decided to grant the Award under the Plan to individuals who may be employees
of the Company and any Affiliates throughout the world. The decision is a limited decision that is entered into upon the express
assumption and condition that any grant will not economically or otherwise bind the Company or any Affiliates, over and above the
specific terms of the Plan. Consequently, the Recipient understands that the Award is granted on the assumption and condition that
the Award and any Shares issued under the Plan are not part of any employment contract (either with the Company or any Affiliates)
and shall not be considered a mandatory benefit, salary for any purposes (including severance compensation) or any other right
whatsoever. In addition, the Recipient understands that the Award would not be granted to the Recipient but for the assumptions
and conditions referred to herein; thus, the Recipient acknowledges and freely accepts that should any or all of the assumptions
be mistaken or should any of the conditions not be met for any reason, then the grant of the Award and any right to the Award shall
be null and void.


 


Further, the vesting of the Award is expressly conditioned
on the Recipient’s continued employment, such that upon termination of employment, the Award may cease vesting immediately,
effective on the date of the Recipient’s termination of employment (unless otherwise specifically provided in the Agreement
and/or the Plan). In particular, the Recipient understands and agrees that any unreleased Awards as of the date the Recipient is
no longer actively employed or in service (unless otherwise specifically provided in the Agreement and/or the Plan) will be forfeited
without entitlement to the underlying Shares or to any amount of indemnification in the event of termination of the Recipient’s
employment by reason of, but not limited to, resignation, retirement, disciplinary dismissal adjudged to be with cause, disciplinary
dismissal adjudged or recognized to be without cause, individual or collective dismissal adjudged or recognized to be without cause,
individual or collective dismissal on objective grounds, whether adjudged or recognized to be with or without cause, material modification
of the terms of employment under Article 41 of the Workers’ Statute, relocation under Article 40 of the Workers’ Statute,
Article 50 of the Workers’ Statute, unilateral withdrawal by the Employer and under Article 10.3 of the Royal Decree 1382/1985.


 


Notifications


 


Securities Law Information


 


The grant of an Award and the Shares
issued pursuant to the vesting/settlement of the Award are considered a private placement outside the scope of Spanish laws on
public offerings and issuances of securities. Neither the Plan nor the Agreement have been registered with the Comisión
National del Mercado de Valores and do not constitute a public offering prospectus.


 


Exchange Control Information


 


The acquisition, ownership and disposition of Shares and
must be declared for statistical purposes to the Dirección General de Comercio e Inversiones (the “DGCI”),
which is a department of the Ministry of Economy and Competitiveness. If the Recipient acquires Shares through the use of a Spanish
financial institution, that institution will automatically make the declaration to the DGCI for the Recipient; otherwise, the resident
Recipient will be required make the declaration by filing the appropriate form with the DGCI. Generally, the declaration must be
made in January for Shares owned as of December 31 of) the prior year; however, if the value of Shares acquired or sold exceeds
€1,502,530 (or the Recipient holds 10% or more of the capital of the Company or such other amount that would entitle the Recipient
to join the Company’s board of directors), the declaration must be filed within one (1) month of the acquisition or sale,
as applicable.


 






    	 	A-17	 



     

    

Foreign Asset/Account Reporting Information


 


To the extent the Recipient holds rights or assets outside
of Spain with a value in excess of €50,000 per type of right or asset (e.g., Shares, cash, etc.) as of December 31
each year, such resident will be required to report information on such rights and assets on his or her annual tax return for such
year. After such rights and assets are initially reported, the reporting obligation will apply for subsequent years only if the
value of any previously-reported rights or assets increases by more than €20,000.


 


Further, the Recipient will be required to electronically
declare to the Bank of Spain any securities accounts (including brokerage accounts held abroad), as well as the securities (including
Shares acquired under the Plan) held in such accounts if the value of the transactions for all such accounts during the prior tax
year or the balances in such accounts as of December 31 of the prior tax year exceed €1,000,000.


 


Further, the Recipient is required to electronically declare
to the Bank of Spain any foreign accounts (including brokerage accounts held abroad), any foreign instruments (including Shares
acquired under the Plan), and any transactions with non-Spanish residents (including any payments of cash or Shares made to the
Recipient under the Plan) if the balances in such accounts together with the value of such instruments as of December 31, or the
volume of transactions with non-Spanish residents during the relevant year, exceed €1,000,000.


 


THAILAND


 


Notifications


 


Exchange Control Information


 


If the proceeds from the sale of Shares or the receipt of
dividends are equal to or greater than US$50,000 or more in a single transaction, Thai resident Recipients must repatriate the
proceeds to Thailand immediately upon receipt and convert the funds to Thai Baht or deposit the proceeds in a foreign currency
deposit account maintained by a bank in Thailand within 360 days of remitting the proceeds to Thailand. In addition, Thai resident
Recipients must report the inward remittance to the Bank of Thailand on a foreign exchange transaction form.


 


Because exchange control regulations change frequently and
without notice, the Recipient should consult his or her personal advisor before selling Shares to ensure compliance with current
regulations. It is the Recipient’s sole responsibility to comply with exchange control laws in Thailand.


 


SWITZERLAND


 


Notifications


 


Securities Law Notification


 


The grant of the Award is considered a private offering and
therefore is not subject to securities registration in Switzerland.


 






    	 	A-18	 



     

    

TURKEY


 


Notifications


 


Securities Law Information


 


Under Turkish law, the Recipient is not permitted to sell
Shares acquired under the Plan in Turkey. The Recipient must sell the Shares acquired under the Plan outside of Turkey. The Shares
are currently traded on the New York Stock Exchange in the United States under the ticker symbol “KO” and Shares may
be sold on this exchange.


 


Exchange Control Information


 


Under Turkish exchange control regulations, the Recipient
may be required to use a financial intermediary institution approved under the Turkish Capital Market Law to acquire or sell shares
traded on a foreign market and to report such activity to the Capital Markets Board. The Recipient should consult his or her
personal advisor regarding these requirements.


 


UNITED ARAB EMIRATES


 


Notifications


 


Securities Law Information


 


Participation in the Plan is being offered only to selected
Recipients and is in the nature of providing equity incentives to Recipients in the United Arab Emirates. The Plan and the Agreement
are intended for distribution only to such Recipients and must not be delivered to or relied on by any other person. Prospective
purchasers of the securities offered should conduct their own due diligence on the securities.


 


If the Recipient does not understand the contents of the
Plan and the Agreement, the Recipient should consult an authorized financial adviser. The Emirates Securities and Commodities Authority
and the Dubai Financial Services Authority have no responsibility for reviewing or verifying any documents in connection with the
Plan. Neither the Ministry of Economy nor the Dubai Department of Economic Development have approved the Plan or the Agreement
nor taken steps to verify the information set out therein, and have no responsibility for such documents.


 


UNITED KINGDOM


 


Terms and Conditions


 


Responsibility for Taxes


 


The following provisions supplement Section 7 of the Agreement:


 


If payment or withholding of income taxes is not made
within ninety (90) days of the end of the tax year in which the income tax liability arises, or such other period specified in
Section 222(1)(c) of the U.K. Income Tax (Earnings and Pensions) Act 2003 (the “Due Date”), the amount of any uncollected
income tax shall constitute a loan owed by the Recipient to the Employer, effective on the Due Date. The Recipient understands
and agrees that the loan will bear interest at the then-current official rate of Her Majesty’s Revenue and Customs (“HMRC”),
it will be immediately due and repayable by the Recipient, and the Company and/or the Employer may recover it at any time thereafter
by any of the means referred to in Section 7 of the Agreement.


 


Notwithstanding the foregoing, if the Recipient is a
director or an executive officer (as within the meaning of Section 13(k) of the U.S. Securities Exchange Act of 1934, as amended),
the Recipient will not be eligible for such a loan to cover the uncollected income tax. In the event that the Recipient is a director
or executive officer and the income tax is not collected from or paid by the Recipient by the Due Date, the Recipient understands
that the amount of any uncollected income tax may constitute a benefit to the Recipient on which additional income tax and national
insurance contributions (“NICs”) may be payable. The Recipient will be responsible for reporting and paying any income
tax due on this additional benefit directly to HMRC under the self-assessment regime and for reimbursing the Company or the Employer
(as appropriate) for the value of any employee NICs due on this additional benefit, which the Company and/or the Employer may recover
from the Recipient by any of the means referred to in Section 7 of the Agreement.


 






    	 	A-19	 



     

    

Notifications


 


Securities Disclosure


 


This Agreement is not an approved prospectus for the purposes
of section 85(1) of the Financial Services and Markets Act 2000 (“FSMA”) and no offer of transferable securities to
the public (for the purposes of section 102B of FSMA) is being made in connection with the Plan. The Plan and the Award are exclusively
available in the UK to bona fide employees and former employees and any other UK Subsidiary of the Company.


 


URUGUAY


 


Data Privacy


 


The following provision supplements Section 11 of the Agreement:


 


The Recipient understands that his or her Data will be collected
by his or her Employer and will be transferred to the Company at One Coca-Cola Plaza, Atlanta Georgia, 30313, United States and/or
any financial institutions or brokers involved in the management and administration of the Plan. The Recipient further understands
that any of these entities may store the Recipient’s Data for purposes of administering his or her participation in the Plan.


 






    	 	A-20	 



     

    

 





APPENDIX
B TO


THE
COCA-COLA COMPANY


2014
EQUITY PLAN


PERFORMANCE SHARE AGREEMENT


 


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