Document:

EXHIBIT 10.26

                [LETTERHEAD OF THE COCA-COLA EXPORT CORPORATION]

                                August 22, 2001

Mr. Charles S. Frenette
London, England

Dear Charlie:

This letter outlines the terms under which you will separate from The Coca-Cola
Export Corporation ("Export Corporation"). You have resigned as President and
Chief Operating Officer, Europe, Eurasia and Africa Group effective immediately.
You will be entitled to your remuneration under your contract with the company
up to September 30, 2001 and will continue to receive all payments, allowances,
with benefits accrued up to that date under the International Service Program.

Your repatriation will be effective October 1, 2001. You should perform no work
in the United Kingdom after September 30, 2001

TAXES
-----
You are entitled to a consultation with Ernst & Young, at no cost to you, to
discuss the implications of your repatriation and the companys tax equalization
program. Details regarding income taxes and tax equalization program have been
provided to you in a separate letter.

INTERNATIONAL SERVICE PROGRAM
-----------------------------
This section outlines the relocation provisions applying to your repatriation
under the International Service Program.

Relocation
----------
The company will pay the expense of packing and moving normal personal and
household effects as well as any normal import duties for you and your family
from the host country to the home country. It will also pay the storage
expenses, if necessary, in transit. The company will cover storage fees, long
term or in transit up to 60 days after your household goods have arrived in the
home country. The company will also pay normal insurance coverage on household
effects while in transit. Please refer to the RELOCATION section of THE
INTERNATIONAL SERVICE PROGRAM GUIDE for further details. Since your family may
remain in London during the school year, the relocation provisions will be
available to you though August 31, 2002.

You will be provided a temporary living allowance for the transition back to the
United States of $8,950 net of tax, subject to U.S. Social Security.

<PAGE>

Mr. Charles S. Frenette
London, England
August 22, 2001
Page 2

Allowances
----------
All payments in this section are paid net of tax, subject to U. S. Social
Security. Relocation allowances will be paid following receipt of your signed
letter upon your repatriation date or after submission of documentation as
appropriate. You will be eligible for the following Repatriation Allowances:

     - International Service Premium: $5,000
     - Resettlement Allowance: $6,000
     - Voltage Allowance: $2,000 with an additional $3,000 if two or more major
       appliances must be purchased
     - Car Purchase Assistance: $5,700 for primary car and $4,100 for secondary
       car (documentation of purchase is needed to receive assistance)
     - Car Disposal Assistance (documentation of purchase and sale is needed to
       receive assistance).

Annual Leave
------------
Any unused annual leave account balance at the date of repatriation will be
forfeited. Your annual leave days will be pro-rated and the unused and accrued
portion will be liquidated in accordance with the International Service Program
Guide.

Citibank
--------
If you participate in the Citibank PBOE program, the company will continue to
pay for the service fees associated with Citibank for 60 days following your
assignment termination date. After this time, you will be liable for any fees
associated with Citibank, should you decide to maintain this account.

Other
-----
Should the company's policies and procedures affecting International Service
Associates generally change, such changes will apply to you. Please feel free to
contact Pat O'Neil at 404-676-7519 or Anne Fletcher at 404-676-2656 if you have
any questions regarding the terms and conditions.

                                        Sincerely,

                                        /s/ James E.Chestnut
                                        --------------------------
                                        James E. Chestnut

ACKNOWLEDGED:

/s/ Charles S. Frenette                      29/08/01
-------------------------               -----------------
Charles S. Frenette                             Date

cc:     Ms. Coretha Rushing
        Ms. Pat O'Neil
        Ms. Anne FletcherEXHIBIT 10.27

                      [LETTERHEAD OF THE COCA-C0LA COMPANY

                               September 17, 2001

Mr. Brian G. Dyson
Atlanta, Georgia

Dear Brian:

It is my pleasure to confirm our discussion related to your employment and pay
as Vice Chairman and Chief Operating Officer. The elements of your compensation
noted below have been approved by the Compensation Committee of the Board of
Directors.

     - The term of your employment will be two years, beginning August 1, 2001
       and ending July 31, 2003, and may be extended only by a further agreement
       in writing signed by the Chairman of the Board of Directors of The
       Coca-Cola Company.

     - Your base salary will be $83,333.33 on a monthly basis beginning August
       1, 2001. The monthly amount of $83,333.33, when annualized is $1,000,000.
       Your first paycheck will be offset by the payments you or Chatham
       International Corporation may have received after July 31, 2001 under the
       Consulting Agreement the Company has with Chatham International
       Corporation.

     - The Consulting Agreement entered into between The Coca-Cola Company and
       Chatham International Corporation on May 1, 2001 is terminated effective
       July 31, 2001, and the Company owes no further consulting payments to you
       or Chatham International Corporation under that Agreement.

     - You will be eligible to participate in the Company's annual incentive
       program. Your incentive target is 150% of your base salary. The range for
       the incentive award, based on a target of 150%, would be 0% to 150% of
       target ($0 to $2,250,000). Your first incentive award will be pro-rated
       based on the number of months you participate and will be paid annually
       in the first quarter after the close of the calendar year. Your
       participation is contingent upon the Company's performance as well as
       your individual performance.

     - A recommendation for a special one-time stock option grant of 900,000
       options will be made for you at the next meeting of the Stock Option
       Subcommittee of the Company's Board of Directors following your
       employment. This special one-time stock option award will have a
       seven-year option term and 100% vesting on the earlier of 1) two years
       from the grant date or 2) the date of your resumption of retirement
       status from The Coca-Cola Company provided that the options have been
       held for at least twelve months from the date of grant, or 3) as
       otherwise provided in the 1999 Stock Option Plan.

     - You will be eligible to participate in the Financial Planning and
       Counseling Program offered to executives. The Program provides
       reimbursement of $10,000 in financial planning and counseling services
       during the first calendar year of participation and $4,500 each following
       year for ongoing planning and counseling. This benefit will be subject to
       all applicable taxes. In addition, you will receive a sum of $10,000 to
       cover incidental expenses related to your reemployment.

     - In accordance with Company policy, you will be eligible for Company-paid
       membership and reimbursement of dues associated with one country club,
       social club or similar club as long as the club use is for ordinary and
       necessary business purposes. You will be required to track and report any
       personal use of the Company-paid club membership and dues. Club use that
       is personal is considered taxable income.

     - With regard to the fractional ownership of the Hawker 800 XP aircraft,
       during the term of your employment with the Company, the Company will
       lease the aircraft at a rate of $6,778.13 per month to be used in the
       Company's aviation fleet. The Management Agreement with Executive Jet
       Aviation, Inc. will be assigned to the Company during the term of your
       employment (contingent upon consent of Executive Jet Aviation, Inc.),
       with the fees due thereunder paid by the Company.

     - During the term of your employment, you will be provided an automobile
       from the Company's existing automobile fleet as well as a driver.

     - In accordance with the terms of the Employee Retirement Plan of The
       Coca-Cola Company, your ERP benefit of $811 per month will be suspended
       as of the effective date of your rehire with the Company. You will
       receive a separate letter outlining the effect of your reemployment on
       your pension payments.

     - You will continue to receive your monthly payments under The Coca-Cola
       Company Supplemental Benefit Plan, as well as your CCE qualified and non
       qualified Plan benefits, during your reemployment.

     - You will continue to receive the payments from the Compensation Deferral
       and Investment Program during the term of your reemployment.

     - As part of your return to work as an active employee, you will have the
       same medical plan options and other employee benefit plan elections as
       other active employees. You and your spouse will be eligible for the
       options available to employees in Atlanta: SelectCare I and II, United
       HealthCare HMO, Prudential HMO or Cigna HMO and the Supplemental Plan.
       Upon retirement in the future, you will revert back to the Base Plan with
       Medicare primary. A package of information for you to make these and
       other benefit elections will be provided to you shortly.

     - This letter constitutes the complete understanding between you and the
       Company and supersedes any previous agreement, written or oral, relating
       to the subject matter of this letter. Any dispute related to this letter
       shall be resolved by arbitration at Atlanta, Georgia pursuant to the
       Commercial Arbitration Rules of the American Arbitration Association.

As we discussed, I believe you have a great deal to contribute to The Coca-Cola
Company and that you will be a valuable addition to my team and the Company.

Please signify your acceptance of such employment by signing as indicated below.

                                        Sincerely,

                                        /s/ Douglas N. Daft

ACCEPTED:  /S/ BRIAN G. DYSON
          -----------------------------------
           Brian G. Dyson
           Individually, and as President of Chatham International Corporation

DATE:      9-18-01

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