Document:

Exhibit 10.2 - CCE Supplemental Savings Plan

11

Exhibit 10.2

COCA‐COLA ENTERPRISES, INC.  
SUPPLEMENTAL SAVINGS PLAN

(AS AMENDED AND RESTATED EFFECTIVE DECEMBER 18, 2012)

TABLE OF CONTENTS
Page
ARTICLE I INTRODUCTION AND PURPOSE1
1.1.Purpose    1
1.2.Effective Date    1
ARTICLE II DEFINITIONS1
“Account”1
“Administrative Committee”    1
“Affiliates”    1
“Beneficiary”    2
“Code”            2
“Company”    2
“Compensation”    2
“Deferral Account”    2
“Deferral Election”    2
“Effective Date”2
“Eligible Employee”    3
“Employer”    3
“Employer Contribution Account”    3
“Employer Matching Account”    3
“Enrollment Period”    3
“Initial Participant”3
“MESIP”        3
“MIP Award”    3
“Participant”    3
“Participating Company”    4
“Plan”            4
“Plan Year”    4
“Prior Supplemental Plan”4
“Savings Plan”    4
“Separation from Service”    4
ARTICLE III PARTICIPATION AND DEFERRAL ELECTIONS4
3.1.Participation    4
3.2.Limitation on Amount of Deferral Election    5
3.3.Change in Deferral Election    5
3.4.Cancellation of Deferrals Upon Hardship    6
ARTICLE IV ACCRUAL OF BENEFITS6
4.1.Participants’ Accounts    6
4.2.Vesting    8
ARTICLE V DISTRIBUTIONS8
5.1.Elections as to Time and Manner of Distribution    8
5.2.Six-Month Delay for Specified Employees    8
5.3.Changes in Elections as to Time or Manner of Distribution    9
5.4.Automatic Distribution    9
5.5.Distributions on Account of Death    9
5.6.Acceleration of Distribution Due to Financial Hardship    9
ARTICLE VI ADMINISTRATION9
6.1.Plan Administration    9
6.2.Administrative Committee Action    10
6.3.Rights and Duties    10
6.4.Compensation, Indemnity, and Liability    10
6.5.Taxes    10
ARTICLE VII CLAIMS PROCEDURE11
ARTICLE VIII AMENDMENT AND TERMINATION11
8.1.Amendment    11
8.2.Termination of the Plan    11
ARTICLE IX MISCELLANEOUS11
9.1.Limitation on Participant’s Rights    11
9.2.Benefits Unfunded    11
9.3.Other Plans    12
9.4.Governing Law    12
9.5.409A Compliance    12
9.6.Gender, Number, and Headings    12
9.7.Successors and Assigns; Nonalienation of Benefits    12

ARTICLE I 
INTRODUCTION AND PURPOSE
		
	1.1.
	Purpose.  The purpose of the Coca-Cola Enterprises, Inc. Supplemental Savings Plan (the “Plan”) is to provide a select group of management and highly compensated employees with the opportunity to enhance their retirement security by deferring a portion of their compensation under the Plan. This Plan is a continuation of the Coca-Cola Enterprises Inc. Supplemental Matched Employee Savings and Investment Plan, certain liabilities of which will be transferred to International CCE Inc. before the closing of the transaction contemplated by the Business Separation and Merger Agreement by and between Coca-Cola Enterprises Inc., International CCE Inc., The Coca-Cola Company, and Cobalt Subsidiary LLC dated February 25, 2010 (referred to herein as the “Merger”).  After the Merger, International CCE Inc. will be renamed Coca-Cola Enterprises, Inc.  In addition, the Plan provides for employer contributions with respect to certain compensation in excess of the limitations under Internal Revenue Code section 401(a)(17).

		
	1.2.
	Effective Date.  The Plan shall be effective on October 2, 2010.  

ARTICLE II     
DEFINITIONS
“Account” means the record maintained by the Administrative Committee that represents each Participant’s interest under the Plan.  Such interest may be reflected as a book reserve entry in the Company’s accounting records, or as a separate account under a trust, or as a combination of both methods.  Each Participant’s Account shall consist of at least two subaccounts:  a Deferral Account and an Employer Contribution Account.  An Initial Participant shall also have an Employer Matching Account.
“Administrative Committee” means the committee appointed pursuant to Article VI to administer the Plan or such committee’s designee.
“Affiliates” means all entities treated as a single service recipient or employer with the Company pursuant to Code section 409A.
“Beneficiary” means (i) the beneficiary designated by the Participant in accordance with the procedures established by the Administrative Committee, (ii) if the Participant has not designated a beneficiary or such beneficiary is no longer living, the Participant’s surviving spouse, and (iii) if there is no designated beneficiary or surviving spouse, the Participant’s estate.  An Initial Participant’s beneficiary designation under the Prior Supplemental Plan will continue in effect under this Plan unless changed or revoked in accordance with the rules hereunder.
“Code” means the Internal Revenue Code of 1986, as amended.  Reference to any section of the Code includes reference to any regulations promulgated thereunder, and any related administrative guidance, notice, or ruling that amends or supplements such section. 
“Company” means International CCE Inc., Coca-Cola Enterprises, Inc. as its successor, and any subsequent successor or successors.
“Compensation” means, for the period from the Effective Date through December 31, 2010, those amounts that would be included in the definition of “Compensation” under the MESIP (if Participants had continued to participate in the MESIP during such period.  Effective January 1, 2011, Compensation means those amounts included in the definition of “compensation” under the Savings Plan.  For purposes of this Plan, “Compensation” shall be determined without regard to the limits of Code section 401(a)(17) and shall include amounts deferred under this Plan, but shall exclude the amount of a Participant’s MIP Award, whether or not deferred hereunder, and shall exclude the amount of any retention bonus payable pursuant to a Participant’s employment agreement with the Company or an Affiliate.
“Deferral Account” means that portion of each Participant’s Account that represents his interest in the Plan that is credited pursuant to Sections 4.1(a) and 4.1(d), including an amount equal to an Initial Participant’s deferral account under the Prior Supplemental Plan immediately before the Effective Date.
“Deferral Election” means a Participant’s election to defer a portion of his Compensation and/or his MIP Award, which election must be made in the manner required by the Administrative Committee.
“Effective Date” means October 2, 2010.
“Eligible Employee” means, with respect to Deferral Elections and employer matching contributions, any employee who satisfies the criteria for participation in the Plan, as established by the Administrative Committee, and with respect to the Employer Contribution Account, any employee whose compensation taken into account under the Savings Plan is limited by Code section 401(a)(17).  
 “Employer” means the Company or any Participating Company.
“Employer Contribution Account” means that portion of each Participant’s Account that represents his interest in the Plan that is credited pursuant to Sections 4.1(b) and 4.1(d).  
“Employer Matching Account” means that portion of each Participant’s Account that represents his interest in the Plan that is credited pursuant to Sections 4.1(c) and 4.1(d), including an amount equal to an Initial Participant’s employer matching account under the Prior Supplemental Plan immediately before the Effective Date.
“Enrollment Period” means any period designated by the Administrative Committee during which an Eligible Employee is permitted to make a Deferral Election.  
“Initial Participant” means an Eligible Employee whose benefit liability under the Prior Supplemental Plan was transferred to the Company on the Effective Date.
“MESIP” means the Coca-Cola Enterprises Inc. Matched Employee Savings and Investment Plan, as in effect on October 2, 2010.
“MIP Award” means the cash bonus payable under the Coca-Cola Enterprises Inc. Management Incentive Plan, as such plan is assumed and continued by the Company as the Coca-Cola Enterprises, Inc. Management Incentive Plan, and any successor plan thereto.
“Participant” means an Eligible Employee who satisfies the requirements for participation in the Plan and makes a Deferral Election and/or has amounts credited to his Employer Contribution Account pursuant to Article III.  Any current or former Employee who has an interest under the Plan shall also be considered a Participant, even though such Employee is ineligible to make a Deferral Election.  
“Participating Company” shall mean an Affiliate that has adopted the Plan with the consent of the Company or the Administrative Committee.
“Plan” means the Coca-Cola Enterprises, Inc. Supplemental Savings Plan, as amended.
“Plan Year” means the 12-month period beginning each January 1st and ending on the next December 31st; provided that the first Plan Year will begin on the Effective Date and end on December 31, 2010.
“Prior Supplemental Plan” means the Coca-Cola Enterprises Inc. Supplemental Matched Employee Savings and Investment Plan, which was maintained by Coca-Cola Enterprises Inc. and certain liabilities of which were transferred to the Company in connection with the Merger. 
“Savings Plan” means the Coca-Cola Enterprises, Inc. Savings Plan, as amended.  
“Separation from Service” means a separation from service, within the meaning of Code section 409A, with the Employer and all Affiliates, applying the special rules regarding military service and periods of leave treated as continued employment pursuant to Treas. Reg. §1.409A-1(h)(1)(i) and using a 50% threshold for the level of service rather than 20% under Treas. Reg. §1.409A-1(h)(1)(ii).  
ARTICLE III     
PARTICIPATION AND DEFERRAL ELECTIONS
		
	3.1.
	Participation.

(a)    Compensation Deferral Election.  An Eligible Employee may make a Deferral Election with respect to Compensation during an Enrollment Period ending no later than December 31 of the Plan Year, with such Deferral Election to be effective with respect to Compensation earned during and after the first full pay period that begins on or after the January 1 next following such Enrollment Period and through the last pay period that begins in the same year. 
Notwithstanding the foregoing, an Eligible Employee who is not an Initial Participant may not make a Deferral Election with respect to Compensation earned before January 1, 2011.  An Initial Participant’s Compensation Deferral Election under the Prior Supplemental Plan will remain in effect under this Plan with respect to Compensation earned on and after the Effective Date and may be changed or revoked only as allowed hereunder.
(b)    MIP Deferral Election.  An Eligible Employee may make a Deferral Election during an Enrollment Period with respect to his MIP Award payable for services performed in the Plan Year following such Enrollment Period.  Such Enrollment Period shall end no later than December 31 of the Plan Year preceding the year in which the services relating to the MIP Award are performed.  An Initial Participant’s MIP Award Deferral Election under the Prior Supplemental Plan will remain in effect under this Plan with respect to his MIP Award for services performed in 2010 and may be changed or revoked only as allowed hereunder.
(c)    Employer Contributions.  Effective January 1, 2011, each Eligible Employee shall be eligible to have Employer contributions credited to his Employer Contribution Account under Section 4.1(b).
(d)    Employer Matching Contributions.  An Initial Participant with an effective Deferral Election in place on the Effective Date shall be eligible to have Employer matching contributions credited to his Employer Matching Account under Section 4.1(c).
3.2.    Limitation on Amount of Deferral Election.  An Eligible Employee may elect to defer any whole percentage of his Compensation and/or MIP Award, subject to any maximum established by the Administrative Committee.  Until changed by the Administrative Committee, a Participant’s Deferral Election shall not exceed 70% of his Compensation for any payroll period and/or 70% of any MIP Award.
		
	3.3.
	Change in Deferral Election.  New Deferral Elections must be made for each Plan Year pursuant to Sections 3.1(a) and 3.1(b).  If a Participant does not make a Deferral Election during an Enrollment Period for a Plan Year with respect to Compensation and/or an MIP Award, the Participant shall be deemed to have elected not to defer such compensation.  If a Participant is no longer an Eligible Employee during an Enrollment Period, his Deferral Election shall be deemed to have been cancelled with respect to the Compensation and any MIP Award earned for services performed in the next Plan Year and all future Plan Years unless and until such Participant again becomes an Eligible Employee and makes a new Deferral Election in accordance with Section 3.1.

3.4.    Cancellation of Deferrals Upon Hardship.  In the event that a Participant receives a hardship distribution in a Plan Year pursuant to Treas. Reg. §1.401(k)-1(d)(3) under any section 401(k) plan of the Employer or an Affiliate or pursuant to Section 5.6 of this Plan, the Participant’s Deferral Election shall be cancelled with respect to any Compensation or MIP Award to be paid during the remainder of such Plan Year and any future Plan Year; provided, however, that (a) in the case of a hardship distribution under a section 401(k) plan, the Participant may elect during the next Enrollment Period that is at least six months after such hardship distribution occurs to make a new Deferral Election in accordance with the procedures set forth in this Article III, and (b) in the case of a hardship distribution under Section 5.6 of this Plan, the Participant may elect during the next Enrollment Period to make a new Deferral Election in accordance with the procedures set forth in this Article III.
ARTICLE IV     
ACCRUAL OF BENEFITS
4.1.    Participants’ Accounts.
(a)    Deferral Account.  Each Participant’s Deferral Account shall be credited with an amount equal to the portion of the Compensation or MIP Award deferred by the Participant as soon as practicable after such amount would otherwise be payable to the Participant, provided that deferrals for the period from October 2, 2010 through December 31, 2010 shall be credited as soon as practicable after the end of such Plan Year.  In the case of an Initial Participant, the beginning balance of such Deferral Account will be equal to the balance of the Initial Participant’s deferral account in the Prior Supplemental Plan immediately before the Effective Date.
(b)    Employer Contribution Account.  Effective with respect to Plan Years beginning on and after January 1, 2011, an Eligible Employee’s Employer Contribution Account shall be credited with an amount equal to the difference between (i) the 7% employer contribution under the Savings Plan determined as if the Code section 401(a)(17) limit were $500,000 and taking into account the Eligible Employee’s Compensation and MIP Award without regard to any deferral of such amounts and (ii) the actual 7% employer contribution made under the Savings Plan.  Such credit shall be made as of each applicable payroll period or at such other time as the Administrative Committee determines in its sole discretion. 
(c)    Employer Matching Account.  Only an Initial Participant with a Deferral Election in place as of the Effective Date will be eligible to receive Employer matching contributions as provided in this subsection.
		
	(1)
	Initial Balance.  The beginning balance of an Initial Participant’s Employer Matching Account will be equal to the balance of the Initial Participant’s employer matching account under the Prior Supplemental Plan immediately before the Effective Date.

		
	(2)
	Basic Matching Contribution.  For the period from the Effective Date through December 31, 2010, the Employer Matching Account of each Initial Participant described above shall be credited, as soon as practicable after the end of the Plan Year, with an amount equal to the matching contribution to which the Initial Participant would have been entitled (assuming continued participation in the MESIP) for such period applying the matching contribution formula under the MESIP to the amount of his Compensation deferred under the Plan.  

		
	(3)
	Lookback Matching Contribution.  The Employer Matching Account of each Initial Participant described above who is an Eligible Employee on December 31, 2010 shall be credited, as soon as practicable after the end of the Plan Year, with an additional amount, if any, equal to the amount described in paragraph (A) less the amount described in paragraph (B):

		
	(A)
	The amount Coca-Cola Enterprises Inc. and the Employer, collectively, would have contributed to such Initial Participant’s matching contribution account under the  MESIP for the period from January 1, 2010 through December 31, 2010 (the “2010 Plan Year”) if the Employer had adopted the MESIP as of October 2, 2010 and if (i) matching contributions to the MESIP were made based on the MESIP matching contribution formula but with respect to amounts deferred for the entire 2010 Plan Year (rather than on a payroll-by-payroll basis) and (ii) the amount of the Initial Participant’s Compensation and MIP Award deferred under the Prior Supplemental Plan and the Plan for the 2010 Plan Year had instead been deferred under the MESIP (in addition to any amounts contributed by the Initial Participant to the MESIP during the 2010 Plan Year).

		
	(B)
	The amount actually contributed by Coca-Cola Enterprises Inc. to the Initial Participant’s matching contribution account under the MESIP for the 2010 Plan Year plus the amount credited to the Participant’s Employer Matching Account under Section 4.1(b)(1) of the Prior Supplemental Plan and Section 4.1(c)(2) of this Plan for the Plan Year.

		
	(4)
	Code Limitations.  The amount of the basic and lookback matching contributions shall be determined without regard to the limitations under Code section 401(a)(17) and Code section 402(g).

(d)    Gains and Losses.  The Deferral Account, Employer Matching Account, and Employer Contribution Account of each Participant shall be adjusted for gains and losses as if such Accounts were invested, in accordance with the elections of the Participant, in the benchmark investments made available by the Administrative Committee for this purpose.  In accordance with Section 9.2, any such benchmark investment election shall be solely for purposes of crediting gains or debiting losses to the Participant’s Account.  Such benchmark investment elections shall be made in accordance with the rules established for this purpose by the Administrative Committee, including rules with respect to making changes in benchmark investment elections, maximum benchmark investment elections in any single benchmark investment, and default elections if a Participant fails to make an effective election. For the period from October 2, 2010 through December 31, 2010, gains and losses pursuant to the foregoing will be determined after the end of such Plan Year but shall be credited as if the Initial Participant’s deferrals and matching contributions pursuant to Section 4.1(c)(2) were credited to his Deferral Account as of the time that the amount deferred would have otherwise been paid to him rather than after the end of the Plan Year.
4.2.        Vesting.  A Participant shall be 100% vested in his Account at all times.  
ARTICLE V     
DISTRIBUTIONS
		
	5.1.
	Elections as to Time and Manner of Distribution .  An Initial Participant’s Account shall be paid in the form and at the time elected for his Account under the Prior Supplemental Plan, which allowed for an election to have his entire Account distributed either (a) in a single lump-sum payment upon his Separation from Service or in any one of the 2nd through 10th calendar years following the year during which his Separation from Service occurs, or (b) in 2 to 10 annual installments beginning upon his Separation from Service or beginning in any one of the 2nd through 5th calendar years following the year during which his Separation from Service occurs.  If the Participant failed to make a timely affirmative election under the Prior Supplemental Plan with regard to the time and manner of distribution, he shall be deemed to have elected to receive a lump-sum payment upon his Separation from Service.  Any other Participant will have his Account paid in a single lump-sum payment upon his Separation from Service.

Six-Month Delay for Specified Employees
5.2.    Changes in Elections as to Time or Manner of Distribution.  If permitted in the sole discretion of the Administrative Committee, an Initial Participant may change his election regarding the time or manner of the distribution of his Account to another time or manner otherwise permitted in Section 5.1; provided, however, that any such change shall be effective only if (a) the change does not accelerate any payments, (b) the first payment with respect to which the change is made is deferred for at least five years after the date such payment would have been made under the election in effect at the time of the election change, and (c) the change does not take effect for at least 12 months.  For this purpose, payments made in the form of installments shall be treated as a single payment made on the date of the first installment payment.
		
	5.3.
	Automatic Distribution.  Notwithstanding anything in this Plan to the contrary, if the amount credited to a Participant’s Account at the time of the Participant’s Separation from Service is less than or equal to the applicable deferral limit under Code section 402(g) (as increased from time to time), such Account shall be distributed upon such Separation from Service in a single-sum payment. 

5.4.    Distributions on Account of Death.  Notwithstanding any other provision of the Plan or any election made by a Participant with respect to distribution of his Account, distribution of the balance of a Participant’s Account shall be made to the Participant’s Beneficiary in a lump-sum payment upon the Participant’s death.
5.5.    Acceleration of Distribution Due to Financial Hardship.  If a Participant experiences an unforeseeable emergency, the Administrative Committee, in its sole discretion, may accelerate payment of some or all of the Participant’s Account to the extent reasonably necessary to satisfy the emergency (including amounts necessary to pay any taxes or penalties reasonably anticipated to result from the distribution).  For purposes of this Section 5.6, unforeseeable emergency shall have the same meaning as “unforeseeable emergency” under Code section 409A. To the extent that an event would otherwise constitute an unforeseeable emergency under this Section 5.6 with respect to a Participant’s spouse or dependent, such event shall constitute an unforeseeable emergency if it occurs with respect to a Participant’s “domestic partner” who meets the eligibility criteria for coverage under the Company’s group medical benefits plan and who has been designated by the Participant as a Beneficiary under this Plan.  
ARTICLE VI     
ADMINISTRATION
6.1.    Plan Administration.  The Plan shall be administered by an Administrative Committee appointed by the Company.  All elections, designations and notices under the Plan shall be made at such times and in such manner as determined by the Administrative Committee.
6.2.    Administrative Committee Action.  Action of the Administrative Committee may be taken with or without a meeting of its members, provided, however, that any action shall be taken only upon the vote or other affirmative expression of a majority of committee members qualified to vote with respect to such action.  If a member of the Administrative Committee is a Participant, he shall not participate in any decision that solely affects his own Account or rights under the Plan.
6.3.    Rights and Duties.  The Administrative Committee shall administer the Plan and shall have all powers and discretion necessary to accomplish that purpose, including, but not limited to, the following:
(a)     to construe, interpret, and administer the terms and intent of the Plan, with its decisions to be final and binding on all parties;
(b)    to make allocations and determinations required by the Plan, and to maintain all necessary records of the Plan, including Participants’ Accounts;
(c)    to compute and certify to the Company the amount of benefits payable to Participants or Beneficiaries, and to determine the time and manner in which such benefits are to be paid; and
(d)    to designate a subcommittee, individual, or individuals to exercise any authority of the Administrative Committee under this Plan.
6.4.    Compensation, Indemnity, and Liability.  The Administrative Committee shall serve as such without bond and without compensation for services hereunder.  All expenses of the Plan and the Administrative Committee shall be paid by the Employer.  No member of the Administrative Committee shall be liable for any act or omission of any other member or any act or omission on his own part, except his own willful misconduct.  The Employer shall indemnify and hold harmless each member of the Administrative Committee against any and all expenses and liabilities, including reasonable legal fees and expenses arising out of his membership on the Administrative Committee, except for expenses or liabilities arising out of his own willful misconduct.
6.5.    Taxes.  If all or any portion of a Participant’s Account shall become liable for the payment of any income, employment, estate, inheritance, or other tax that the Employer shall be required to pay or withhold, the Employer shall have the full power and authority to withhold and pay such tax out of any monies or other property credited to the Account of such Participant or Beneficiary at the time the Account is distributable to the Participant under the terms of the Plan.  
ARTICLE VII     
CLAIMS PROCEDURE
Claims for benefits and appeals of claim determinations under the Plan shall be processed in the manner set forth under the claims and appeals procedures set forth in the MESIP for the period from the Effective Date through December 31, 2010 and in the Savings Plan thereafter, provided that for this purpose, all references to the “Administrative Committee” or comparable claims administrator under the MESIP or the Savings Plan, as applicable, shall be read as references to the Administrative Committee under this Plan.
ARTICLE VIII     
AMENDMENT AND TERMINATION
8.1.    Amendment.  The Company and the Administrative Committee shall each have the right to amend the Plan in whole or in part at any time; provided, however, that no amendment shall reduce the amounts credited to any Participant’s Account as of the effective date of such amendment.  Any amendment shall be in writing and executed by a duly authorized officer of the Company or member of the Administrative Committee.
8.2.    Termination of the Plan.  The Company reserves the right to discontinue and terminate the Plan at any time, in whole or in part, in accordance with and subject to Code section 409A.  In the event of termination of the Plan, the amounts credited to any Participant’s Account, as of the effective date of such termination, shall not be reduced (except for reductions related to losses debited from the Participant’s Account as a result of benchmark investment performance) and shall be distributed at a time and in the manner determined by the Administrative Committee, subject to the limitations of Code section 409A.
ARTICLE IX     
MISCELLANEOUS
9.1.    Limitation on Participant’s Rights.  Participation in this Plan shall not give any Participant the right to be retained in the Employer’s employ or any rights or interest in this Plan or any assets of the Employer other than as herein provided.  The Employer reserves the right to terminate the employment of any Participant without any liability for any claim against the Employer under this Plan, except to the extent provided herein.
9.2.    Benefits Unfunded.  The benefits provided by this Plan shall be unfunded.  All amounts payable under the Plan to Participants or Beneficiaries shall be paid from the general assets of the Employer, and nothing contained herein shall require the Employer to set aside or hold in trust any amounts or assets for the purpose of paying benefits.  Any funds of the Employer available to pay benefits under the Plan shall be subject to the claims of general creditors of the Employer and may be used for any purpose by the Employer.  Participants and Beneficiaries shall have the status of general unsecured creditors of the Employer with respect to amounts of Compensation and MIP Awards they defer under the Plan or any other obligation of the Employer to pay benefits pursuant hereto.  
Notwithstanding the preceding paragraph, the Employer may at any time transfer assets to a trust for purposes of paying all or any part of its obligations under this Plan.  To the extent that assets are held in a trust when a benefit under the Plan becomes payable, the Administrative Committee may direct the trustee to pay such benefits from the assets of the trust.
9.3.    Other Plans.  This Plan shall not affect the right of any Eligible Employee or Participant to participate in and receive benefits under any employee benefit plans that are maintained by the Employer, unless the terms of such other employee benefit plan or plans specifically provide otherwise.
9.4.    Governing Law.  This Plan shall be construed, administered, and governed in all respects in accordance with applicable federal law and, to the extent not preempted by federal law, in accordance with the laws of the State of Georgia without regard to conflict of laws principles thereunder.  If any provisions of this instrument shall be held by a court of competent jurisdiction to be invalid or unenforceable, the remaining provisions shall continue to be fully effective.
9.5.    409A Compliance.  This Plan is intended to be and at all times shall be interpreted and administered so as to comply with Code section 409A. Nothing in the Plan shall provide a basis for any person to take action against the Employer based on matters covered by Code section 409A, including the tax treatment of amounts deferred under the Plan, and the Employer shall not under any circumstances have any liability to any Participant or Beneficiary for any taxes, penalties, or interest due on amounts paid or payable under the Plan, including taxes, penalties, or interest imposed under Code section 409A.  
9.6.    Gender, Number, and Headings.  In this Plan, whenever the context so indicates, the singular or plural number and the masculine, feminine, or neuter gender shall be deemed to include the other.  Headings and subheadings in this Plan are inserted for convenience of reference only and are not considered in the construction of the provisions hereof.
9.7.    Successors and Assigns; Nonalienation of Benefits.  This Plan shall inure to the benefit of and be binding upon the parties hereto and their successors and assigns, provided, however, that the amounts credited to the Account of a Participant shall not be subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, charge, garnishment, execution or levy of any kind, either voluntary or involuntary, and any attempt to anticipate, alienate, sell, transfer, assign, pledge, encumber, charge or otherwise dispose of any right to any benefits payable hereunder shall be void, including, without limitation, any assignment or alienation in connection with a separation, divorce, child support or similar arrangement.Exhibit 10.7 H Patricot Agreement

Exhibit 10.7

THIS RESTATEMENT TO THE JANUARY 28, 2009 EMPLOYMENT AGREEMENT is made on   12 December 2012 

		
	(1)
	COCA-COLA ENTERPRISES EUROPE LIMITED (registered in England No. 27173) whose registered office is at Charter Place, Uxbridge, Middlesex UB8 1EZ ("the Company")

and

		
	(2)
	HUBERT PATRICOT ("You")

WHEREBY IT IS AGREED as follows:-

		
	1.
	Term of Appointment

		
	(A)
	You shall serve the Company and its Associated Companies as PRESIDENT, EUROPE GROUP and EXECUTIVE VICE PRESIDENT of COCA-COLA ENTERPRISES INC. or in such other capacity of a like status as the Chief Executive Officer may reasonably require with effect from the Commencement Date or such other date as may be agreed in writing, unless and until your employment shall be terminated by the Company giving to you not less than six months’ notice in writing or you giving to the Company not less than six months’ notice in writing in either case expiring at any time.

		
	(B)
	If you have given notice of termination of employment to the Company instead of requiring you to work during your notice period (or any remaining part of it), the Company may (at its discretion) choose to terminate your employment immediately and pay you a sum equivalent to your basic salary (less appropriate income tax and social security deductions) in respect of the notice period (or the remaining part of it).  The Company may elect at its discretion to make any such payment as one lump sum or in equal instalments on the days when you would have received your basic salary if you had continued in employment throughout your notice period. 

		
	(C)
	The date on which your continuous employment with the Company commenced was 24 February 1986.

		
	2.
	Powers and Duties

		
	(A)
	You shall exercise such powers and perform such duties consistent with your status in relation to the business of the Company or any Associated Company as may from time to time be assigned to you by the Company. You shall comply with all directions from the Company and whatever codes, policies, procedures and rules that the Company may introduce which may apply to your employment.  You shall report to the Chief Executive Officer (or whichever person is nominated by the Chief Executive Officer at any time) who 

Page 1 of 1 

may change your reporting line at any time or insert additional tiers of management above you.

		
	(B)
	You must:

		
	(i)
	promote and protect the interests and reputation of the Company and its Associated Companies;

		
	(ii)
	perform your duties in a professional and co-operative manner;

		
	(iii)
	promptly disclose to the Company any information which comes into your possession which may materially adversely affect the Company, including any information about another employee’s plans to resign and/or compete with the Company;

		
	(iv)
	promptly disclose to the Board any material breach by the Company of any legal obligation, any material financial mismanagement or any other malpractice within the Company which comes to your attention;

		
	(v)
	keep the Company fully informed or your business-related activities and give whatever information and explanations are requested of you by the Company;

		
	(vi)
	conduct your personal and working life in a way that does not damage or risk damaging your own or the Company’s reputation;  and

		
	(vii)
	comply with all Company policies and procedures including, without limitation, the Company’s Code of Business Conduct.

		
	(C)
	Your normal place of work shall be the Company’s offices in Uxbridge, UK, although you will have responsibilities internationally and will be required to travel to other countries around the world, including each country in which the Company has operations within Europe.  The Company reserves the right to change your normal place of work to any other location within Europe.  

		
	3.
	Salary

		
	(A)
	You shall be paid an annual basic salary equivalent to £365,775 per annum payable monthly in arrears.  

		
	(B)
	The Compensation Committee shall review, but shall not be obliged to increase, the base salary payable under this Agreement each year.

		
	(C)
	The Company reserves the right to deduct from you salary or any other sums due to you any payments due from you to the Company.

		
	4.
	Additional Payment

Page 2 of 2 

You shall be entitled to an annual payment(s) (net of taxes) equal to the amount(s) which, had you been eligible to participate in such plans in respect of your employment with the Company, would have

		
	(i)
	been allocated to you under the Coca-Cola Enterprise SAS Profit Sharing Plans (“interssement” and “participation”); and 

		
	(ii)
	contributed to that company’s defined contribution pension plan.  

Such payment(s) shall be paid to you within 20 days of the date payments or contributions would have been made to these plans if you had been an active participant. 

In the year that your employment terminates part way through the year, you shall be entitled to a pro rata payment in respect of your employment with the Company in that respective year.

		
	5.
	Housing Allowance

You will receive a housing allowance equivalent to £68,685 per annum.  This allowance will be paid to you in quarterly instalments.

		
	6.
	Car

The Company shall provide for you a car and related benefits in accordance with its Car Policy in place at the time.  

		
	7.
	Sickness

Subject to compliance with the Company’s Attendance Management Policy and the Sick Leave provisions within the Company’s Employee Handbook, you will be eligible to receive sick pay in line with Company policy in operation at that time inclusive of any Statutory Sick Pay payable to you.

		
	8.
	Other Benefits

The following benefits currently apply to you.  The Company, however, reserves the right to withdraw, alter or replace any of these benefits.  In such circumstances, there shall be no obligation on the Company to replace any benefit with an equivalent or indeed any other benefit.

		
	(A)
	Executive Management Incentive Plan

Page 3 of 3 

You shall be eligible to participate in the Coca-Cola Enterprises Inc. Executive Management Incentive Plan, subject to the rules of such Plan as determined each year by the Compensation Committee.  

		
	(B)
	Long-Term Incentive Plan

You shall be eligible to receive an annual long-term incentive award subject to the rules and conditions of the Coca-Cola Enterprises Inc. programme which may be changed at any time.  

Page 4 of 4 

The target value and performances goals of such programme shall be determined each year by the Compensation Committee.

(C)    Healthcare

The Company will cover you and your family (spouse and dependent children) under a private medical insurance scheme, subject to the rules and terms and conditions of such scheme.

		
	(D)  
	Health Assessments

You are entitled to regular medicals in accordance with the plans in which you are enrolled.

		
	(E)
	Life Assurance and Accident Insurance

The Company will provide you with life assurance and 24 hour worldwide accident coverage in accordance with Company policy in operation at that time, subject to the rules and terms and conditions of such cover.

(F)    Options Benefit

You will be entitled to benefit from the Company’s Options Flexible Benefit Scheme, subject to the rules of such Scheme.

(G)    Tax Advice

The Company will provide you with tax preparation services with respect to your annual income tax returns which services will be provided through a firm engaged by the Company.

		
	9.
	Expenses

The Company shall reimburse to you out-of-pocket expenses which you may from time to time incur in the proper performance of your duties under this Agreement subject to the rules of its Travel and Expenses Policy from time to time.

		
	10.
	Holidays

		
	(A)
	Your annual holiday entitlement is 33 days plus 8 to 10 public holidays, as provided to employees of Coca-Cola Enterprise SAS.  The holiday year runs from 1 January to the following 31 December.

		
	(B) 
	On leaving the Company you will be paid salary equivalent to unused accrued holiday entitlement.  

Page 5 of 5 

		
	11.
	Confidential Information

Except for information which is in the public domain, (save as your breach of confidence), or which you are required to disclose by law or regulation, you shall not, either during your employment or afterwards, use to the detriment or prejudice of the Company or any Associated Company or, except in the proper course of your duties during this Agreement, divulge to any person any trade secret or any other Confidential Information which may have come to your knowledge during your employment.

		
	12.
	Post-termination Restrictions

		
	(A)
	In order to protect the Company’s and the Associated Companies’ confidential information, trade secrets, goodwill customer base, potential customer base, other business connections and stable workforce, you agree to be bound by the restrictions set out below.  

You will not Directly or Indirectly without the Company’s written consent: 

		
	(i)
	for the period of six months following the Termination Date be engaged in or concerned in any executive, technical or advisory capacity in any business concern which is in competition with the business of the Company or any Relevant Associated Company.  This restriction shall not restrain you from being, engaged or concerned in any business concern in so far as your duties or work shall relate solely:

(a)    to geographical areas where the business concern is not in competition with the Company or any Relevant Associated Company; or

(b)    to services or activities of a kind with which you were not concerned to a material extent during employment with the Company.

		
	(ii)
	for the period of 12 months immediately following the Termination Date encourage or try to encourage any Customer or any Prospective Customer either not to give custom to or to take custom away from the Company or any Associated Company;

		
	(iii)
	for the period of 12 months immediately following the Termination Date, in competition with the Company or any Relevant Associated Company:

		
	(a)
	solicit or try to solicit the custom of any Customer or any Prospective Customer with a view to supplying that Customer or Prospective Customer with Restricted Products or Services if a reasonably likely consequence is that the Customer or Prospective Customer will:

		
	(1)
	cease;  or 

		
	(2)
	materially reduce; or 

		
	(3)
	vary detrimentally the terms on which it does

business with the Company or any Relevant Associated Company;

Page 6 of 6 

		
	(b)
	supply Restricted Products or Services to any Customer or any Prospective Customer;

		
	(iv)
	for the period of 12 months immediately following the Termination Date:

		
	(a)
	entice away or try to entice away from the Company or any Associated Company any Key Person; or 

		
	(b)
	employ or enter into partnership or association with or retain the services (or offer so to do) of any Key Person;

		
	(B)
	The parties to this Agreement agree that each of the clauses of this Agreement is separate and severable and enforceable accordingly and if any of the clauses shall be adjudged to be void or ineffective for whatever reason but would be adjudged to be valid and effective if part of the wording therefore was deleted, they shall apply such modifications as may be necessary to make them valid and effective.

		
	(C)
	Any period of restriction set out above will be reduced by one day for every day during the notice period which the Company required you both to remain away from its premises and not to carry out your normal duties.

		
	13.
	Restrictions During Employment

During your employment you shall not (unless otherwise agreed in writing by the Company) undertake any other business or profession or be or become an employee or agent of any other company, firm or person or assist or have any financial interest in any other financial interest in any other business or profession.  You may, however, hold or acquire by way of bona fide investment only up to 3% of the issued shares of any company listed on any recognised investment exchange for the purpose of investment only, where recognised investment exchange has the meaning given in section 285 of the Financial Services and Markets Act 2000.  You may invest in shares or other securities which are not listed or dealt in on any recognised stock exchange with the prior agreement of the Company.

		
	14.
	Garden Leave

		
	(A)
	The Company reserves the right at any time during any period of notice to require you:

(i)    to remain away from the Company’s and the Associated Companies’ premises; 

		
	(ii)
	to work from home;

(iii)    to carry out special projects outside the normal scope of your duties;

		
	(iv)
	not to carry out some of your normal duties; and/or

Page 7 of 7 

		
	(v)
	not to carry out any of your normal duties;

and the Company may appoint another person to carry out any of your duties at such times.
		
	(B)
	If the Company exercises this right, you will receive your basic salary and all benefits to which you are entitled and you must:

		
	(i)
	continue to comply with your implied duties, including those of good faith and fidelity; and

		
	(ii)
	continue to comply with the express duties set out in this Agreement, except those from which you are explicitly released by the Company.

Page 8 of 8 

		
	15.
	Termination of Employment

		
	(A)
	The Company shall be entitled by notice in writing to you to terminate your employment under this Agreement with immediate effect, if you:

		
	(i)
	materially damage or risk materially damaging your or the Company’s reputation;

		
	(ii)
	shall be guilty of serious misconduct or shall have committed any serious breach or repeated or continued (after warning in writing and having refused or failed to remedy accordingly within a reasonable time) any other breach of your obligations under this Agreement.

		
	(B)
	Any delay by the Company in exercising any right of termination shall not constitute a waiver of it.

		
	16.
	Termination Payment

In the event that the Company terminates your employment other than pursuant to clause 15 above, you shall be entitled to a termination payment equivalent to twice the sum of your annual basic salary at the Termination Date and your then on-target annual bonus, such payment to be inclusive of any payment in lieu of notice or any payment in respect of any period of garden leave, or, in the event of your redundancy, under the Company’s redundancy policy.  

		
	17.
	Repayment of Incentive Compensation

In the event a two-thirds majority of the independent members of the Board, after permitting you to respond on your own behalf, determines that you engaged in fraud or ethical misconduct that resulted in, or directly contributed to, the restatement of the Company’s financials, the Board may require you to repay some or all of the income realized  from the vesting of restricted stock units or performance stock units, the exercise of stock options, or the Executive Management Incentive Plan (collectively referred to as “Incentive Compensation”) if such income is realized in, or within two years of, the year or years affected by the restatement.  
Additionally, you shall be subject to repayment of Incentive Compensation as may be required to comply with (i) any applicable listing standards of a national securities exchange adopted in accordance with Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (regarding recovery of erroneously awarded compensation) and any implementing rules and regulations of the U.S. Securities and Exchange Commission adopted thereunder, (ii) similar rules under the laws of any other jurisdiction and (iii) any policies adopted by the Company to implement such requirements, all to the extent determined by the Company in its discretion to be applicable to you.  

Page 9 of 9 

		
	18.
	Disciplinary and Grievances

		
	(A)
	If you have a grievance relating to your employment, you should raise this in accordance with the Chief Executive Officer.  There are no disciplinary procedures applicable to your employment.

		
	(B)
	The Company may suspend you for however long it considers appropriate in order to investigate any aspect of your performance or conduct or to follow disciplinary proceedings.  The Company may attach conditions to any such suspension and you must comply with any such conditions and co-operate fully with any investigation.  During any period of suspension, you would normally receive the same pay and benefits as if you were at work.

		
	19.
	Other Agreements

		
	(A)
	This Agreement replaces all previous terms and conditions governing your employment with the Company or any Associated Company.  

		
	(B)
	You acknowledge that there are no agreements or arrangements whether written, oral or implied between the Company or any Associated Company and you relating to your employment other than those expressly set out in this Agreement and that you have not entered into this Agreement in reliance on any representation not expressly referred to in this Agreement.

		
	(C)
	There are no collective agreements which affect your terms and conditions.

		
	20.
	Governing Law

This Agreement shall be governed by and construed under the laws of England and Wales and of the Courts of England and Wales are to have non-exclusive jurisdiction to settle any disputes which may arise out of or in connection with this Agreement.

Definitions

In this Agreement:

	
		
	“Associated Company”
	means a company, which is from time to time a subsidiary or a holding company of the Company or a subsidiary (other than the Company) of a holding company of the Company. In this definition “subsidiary” and “holding company” have the same meanings as in Section 736 of the Companies Act 1985 as originally enacted.

Page 10 of 10 

	
		
	“the Chief Executive Officer”
	means the Chief Executive Officer of Coca-Cola Enterprises Inc.

	“the Commencement Date”
	means 1 August 2008. 

	“the Compensation Committee”

	means the Human Resources and Compensation Committee of Coca-Cola Enterprises Inc.

	“Confidential Information”
	means any confidential information, including but not limited to: 

a.    lists of the Company’s actual or potential customers; 

b.    details of relationships or arrangements with or knowledge of the requirements of the Company’s actual or potential customers; 

c.    details of the Company’s business methods, finances, prices or pricing strategy, marketing or development plans or strategies;

d.    personal information about any of the Company’s directors or employees; 

e.    information divulged to the Company by a third party in confidence; and

f.    any information relating to the Company or any of its customer which the Company or customer in question reasonably considers to be confidential. 

Confidential Information does not include information which is generally known or easily accessible by the public, unless it is generally known or easily accessible by the public because of a breach of your obligations.

	“Customer”
	means any Person who at any time during the period of 12 months immediately before the Termination Date was a customer of the Company or any Associated Company: 

a.   with whom you had material dealings or for whom you had responsibility on behalf of the Company or any Associated Company at any time during that period; or 

b.    in respect of whom you obtained or otherwise received Confidential Information.

Page 11 of 11 

	
		
	“Directly or Indirectly”
	means directly or indirectly on either your own account or in conjunction with or on behalf of any other Person.

	“Key Person”
	means any individual:

a.    who at any time during the period of 6 months immediately before the Termination Date was engaged or employed as an employee, director or consultant of the Company or any Associated Company;

b.   with whom you worked to a material extent or for whom you had managerial responsibility at any time during that period; and 

c.   who was employed or engaged in a senior, financial, research, technical, managerial, sales, professional or equivalent capacity.

	“Person”
	means individual, firm, company, association, corporation or other organisation.

	“Prospective Customer”
	means any Person who at any time during the period of 6 months immediately before the Termination Date had Relevant Discussions in which you were materially involved, for which you had responsibility or about which you obtained or otherwise received Confidential Information.

	 
	 

	“Relevant Associated Company”
	means an Associated Company with which you have dealt or for which you have had responsibility during your employment by the Company.

	“Relevant Discussions”
	means any discussion, pitch, tender, presentation or negotiation with the Company or any Associated Company with a view to receiving products or services from the Company or any Associated Company.

Page 12 of 12 

	
		
	“Restrictive Products or Services”
	means any products or services which compete with or are of the same or similar kind as any products or services:

a.    provided by the Company or any Associated Company in the ordinary course of its business during the period of 12 months immediately before the Termination Date; and

b.   in respect of which you were directly concerned, were materially involved or had responsibility during your employment by the Company or any Associated Company; or 

c.   about which you obtained or otherwise received Confidential Information.

	 
	 

	“Termination Date”
	means the date of termination of your employment with the Company.

Signed on behalf of Coca-Cola Enterprises Limited

/s/ Pamela O. Kimmet                    December 12, 2012
............................................................................        ...............................
DATE
Pamela O. Kimmet
Senior Vice President, Human Resources

                     /s/ Hubert Patricot            December 12, 2012
Signed by...........................................................        ...............................
DATE

Page 13 of 13

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