Document:

2002 Stock Option Plan

 Exhibit 10.3 
 THE COCA-COLA COMPANY 
 2002 STOCK OPTION PLAN 
 (Amended and Restated through December 1, 2007) 
 Section 1. Purpose 
 The purpose of The Coca-Cola Company 2002 Stock Option Plan (the “Plan”) is to advance
the interest of The Coca-Cola Company (the “Company”) and its Related Companies (as defined in Section 2) by encouraging and enabling the acquisition of a financial interest in the Company by officers and other key employees of
the Company or its Related Companies. In addition, the Plan is intended to aid the Company and its Related Companies in attracting and retaining key employees, to stimulate the efforts of such employees and to strengthen their desire to remain in
the employ of the Company and its Related Companies. Also, the Plan is intended to help the Company and its Related Companies, in certain instances, to attract and compensate consultants to perform key services. 
 Section 2. Definitions 
 “Business Day”
means a day on which the New York Stock Exchange is open for securities trading. 
 “Change in Control” shall mean a change in
control of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A under the Securities Exchange Act of 1934, as amended (“1934 Act”), as in effect on January 1, 2002,
provided that such a change in control shall be deemed to have occurred at such time as (i) any “person” (as that term is used in Sections 13(d) and 14(d)(2) of the 1934 Act), is or becomes the “beneficial owner” (as defined
in Rule 13d-3 under the 1934 Act as in effect on January 1, 2002) directly or indirectly, of securities representing 20% or more of the combined voting power for election of directors of the then outstanding securities of the Company or
any successor of the Company; (ii) during any period of two (2) consecutive years or less, individuals who at the beginning of such period constituted the Board of Directors of the Company cease, for any reason, to constitute at least a
majority of the Board of Directors, unless the election or nomination for election of each new director was approved by a vote of at least two-thirds of the directors then still in office who were directors at the beginning of the period;
(iii) the shareowners of the Company approve any merger or consolidation as a result of which the KO Common Stock (as defined below) shall be changed, converted or exchanged (other than a merger with a wholly owned subsidiary of the Company) or
any liquidation of the Company or any sale or other disposition of 50% or more of the assets or earning power of the Company, and such merger, consolidation, liquidation or sale is completed; or (iv) the shareowners of the Company approve any
merger or consolidation to which the Company is a party as a result of which the persons who were shareowners of the Company immediately prior to the effective date of the merger or consolidation shall have beneficial ownership of less than 50% of
the combined voting power for election of directors of the surviving corporation following the effective date of such merger or consolidation, and such merger, consolidation, liquidation or sale is completed; provided, 

  

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however, that no Change in Control shall be deemed to have occurred if, prior to such times as a Change in Control would otherwise be deemed to have
occurred, the Board of Directors determines otherwise. Additionally, no Change in Control will be deemed to have occurred under clause (i) if, subsequent to such time as a Change of Control would otherwise be deemed to have occurred, a majority
of the Directors in office prior to the acquisition of the securities by such person determines otherwise. 
 “Board” means the
Board of Directors of the Company. 
 “Committee” means a committee appointed by the Board of Directors in accordance with the
Company’s By-Laws from among its members. 
 “Disabled” or “Disability” means a condition for which a Participant
becomes eligible for a disability benefit under the long term disability insurance policy issued to the Company providing Basic Long Term Disability Insurance benefits pursuant to The Coca-Cola Company Health and Welfare Benefits Plan, or under any
other long term disability plan which hereafter may be maintained by the Company, whether or not the optionee is covered by such plans. 
 “ISO” means an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended. 
 “KO Common Stock” means the common stock of The Coca-Cola Company, par value $.25 per share. 
 “Majority-Owned
Related Company” means a Related Company in which the Company owns, directly or indirectly, 50% or more of the voting stock or capital on the date an Option or SAR is granted. 
 “NSO” means a stock option that does not constitute an ISO. 
 “Options” means ISOs and NSOs granted under this Plan. 
 “Related Company” or
“Related Companies” means corporation(s) or other business organization(s) in which the Company owns, directly or indirectly, 20% or more of the voting stock or capital at the relevant time. 
 “Retire” means to enter Retirement. 
 “Retirement” means an employee’s termination of employment on a date which is on or after the earliest date on which such employee would be eligible for an immediately payable benefit pursuant to (i) for those employees
eligible for participation in the Company’s Supplemental Retirement Plan, the terms of that plan and (ii) for all other employees, the terms of the Employee Retirement Plan (the “ERP”), whether or not the employee is covered by
the ERP. Notwithstanding the above, if an employee receiving severance payment(s) would have been eligible for Retirement as defined above had the 

  

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employee continued his employment for a period equal to the period of the proposed severance payment(s), the employee will be deemed retired under this plan
as of the date severance begins. 
 “SAR” means stock appreciation rights granted under this Plan. An SAR entitles the Participant
to receive, in KO Common Stock, value equal to the excess of: a) the fair market value of a specified number of shares of KO Common Stock at the time of exercise; over b) an exercise price established by the Committee. 
 Section 3. Options and SARs 
 The Company may
grant ISOs and NSOs to those persons meeting the eligibility requirements in Section 6(a) and NSOs to those persons meeting the eligibility requirements in Sections 6(b) and 6(c). 
 The Company may grant SARs to any persons meeting the eligibility requirements in Sections 6(a), (b) and (c). 
 An individual who is granted an Option and/or an SAR shall be referred to herein as an “optionee.” 
 Section 4. Administration 
 The Plan shall be
administered by the Committee. No person, other than members of the Committee, shall have any discretion concerning decisions regarding the Plan. The Committee shall determine the key employees of the Company and its Related Companies (including
officers, whether or not they are directors) and consultants to whom, and the time or times at which, Options and SARs will be granted; the number of shares to be subject to each Option and SAR; the duration of each Option and SAR; the time or times
within which the Option or SAR may be exercised; the cancellation of the Option or SAR (with the consent of the holder thereof); and the other conditions of the grant of the Option or SAR, at grant or while outstanding, pursuant to the terms of the
Plan. The provisions and conditions of the Options or SARs need not be the same with respect to each optionee or with respect to each Option or SAR. 
 The Committee may, subject to the provisions of the Plan, establish such rules and regulations as it deems necessary, or advisable, for the proper administration of the Plan, and may make determinations and may take
such other action in connection with or in relation to the Plan as it deems necessary or advisable. Each determination or other action made or taken pursuant to the Plan, including interpretation of the Plan and the specific conditions and
provisions of the Options and SARs granted hereunder by the Committee, shall be final and conclusive for all purposes and upon all persons including, but without limitation, the Company, its Related Companies, the Committee, the Board, officers and
the affected employees and consultants to the Company and/or its Related Companies, optionees and the respective successors in interest of any of the foregoing. 
  

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 Section 5. Stock 
  

	 	(a)	The KO Common Stock to be issued, transferred and/or sold under the Plan shall be made available from authorized and unissued KO Common Stock or from the Company’s treasury
shares. The total number of shares of KO Common Stock that may be issued or transferred under the Plan pursuant to Options or SARs granted thereunder may not exceed 120,000,000 shares (subject to adjustment as described below); provided, however,
that in no event shall the number of shares of KO Common Stock that may be issued, transferred or sold under the Plan exceed 5% of the number of shares of KO Common Stock outstanding on a given date. Such number of shares shall be subject to
adjustment in accordance with Section 5 and Section 11. 

  

	 	(b)	Shares Counted Against Limitation. If an Option is exercised by delivery, sale or attestation of Shares of KO Common Stock under Section 7, or if the tax withholding obligation
is satisfied by withholding or selling Shares of KO Common Stock under Section 7, the number of Shares of KO Common Stock deemed to have been issued under the Plan (for purposes of the limitation set forth in this section) shall be the number
of Shares of KO Common Stock that were subject to the Option or portion thereof so exercised and not the net number of Shares of KO Common Stock actually issued upon such exercise. 

  

	 	(c)	Lapsed Awards. If an Option: (i) expires; (ii) is terminated, surrendered, or canceled without having been exercised in full; or (iii) is otherwise forfeited in whole
or in part, then the unissued Shares of KO Common Stock that were subject to such Option and/or such surrendered, canceled, or forfeited Shares of KO Common Stock shall become available for future grant under the Plan. 

 Section 6. Eligibility 
 Options and/or SARs may
be granted to: 
 (a) employees of the Company and its Majority-Owned Related Companies, 
 (b) particular employee(s) of a Related Company, who within the past eighteen (18) months were employee(s) of the Company or a Majority-Owned Related
Company, and in rare instances to be determined by the Committee at its sole discretion, employees of a Related Company who have not been employees of the Company or a Majority-Owned Related Company within the past eighteen (18) months, and

 (c) consultants providing key services to the Company or its Related Companies (provided that consultants are natural persons and are not
former employees of the Company or any Related Company, and that consultants shall be eligible to receive only NSOs and shall not be eligible to receive ISOs). 
 Effective January 1, 2008, Options and SARs may not be granted to any individual described in Section 6(b) or 6(c). No person shall be granted the right to acquire, pursuant to Options or 

  

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SARs granted under the Plan, more than 5% of the aggregate number of shares of KO Common Stock originally authorized under the Plan, as adjusted pursuant to
Section 11. No option or SAR shall be exercisable unless the employee properly, timely and unconditionally executes (by any means approved by the plan administrator) a stock option agreement provided in connection with the stock option or SAR
award. 
 Section 7. Awards of Options and SARs 
 Except as otherwise specifically provided in this Plan, Options and SARs granted pursuant to the Plan shall be subject to the following terms and conditions: 
 (a) Option Price and Exercise Price. The option price (for NSOs and ISOs) and the exercise price (for SARs) shall be no less than
100% of the fair market value of the KO Common Stock on the date of grant. The fair market value of a share of KO Common Stock shall be the average of the high and low market prices at which a share of KO Common Stock shall have been sold on the
date of grant, or on the next preceding trading day if such date was not a trading date, as reported on the New York Stock Exchange Composite Transactions listing. If necessary to comply with foreign laws, the Committee may, at its sole discretion,
grant Options and SARs at an option price or exercise price less than 100% of the fair market value of the KO Common Stock on the date of grant. 
 (b) Payment of Option Price. The option price shall be paid in full at the time of exercise, except as provided in the next sentence. If an exercise is executed by the plan administrator using the cashless
method, the exercise price shall be paid in full no later than the close of business on the third Business Day following the exercise. 
 Payment may be in cash or, upon conditions established by the Committee, by delivery of shares of KO Common Stock owned by the optionee for at least six (6) months prior to the date of exercise. 
 The optionee, if a U.S. taxpayer, may elect to satisfy Federal, state and local income tax liabilities due by reason of the exercise by
the withholding of shares of KO Common Stock. 
 If shares are delivered to pay the option price or if shares are withheld for
U.S. taxpayers to satisfy such tax liabilities, the value of the shares delivered or withheld shall be computed on the basis of the reported market price at which a share of KO Common Stock most recently traded prior to the time the exercise order
was processed. Such price will be determined by reference to the New York Stock Exchange Composite Transactions listing. 
 (c) Exercise May Be Delayed Until Withholding is Satisfied. The Company may refuse to recognize the exercise of an Option or SAR if the optionee has not made arrangements satisfactory to the Company to satisfy the tax withholding which
the Company determines is necessary to comply with applicable requirements. 
  

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 (d) Duration of Options and SARs. The duration of Options and SARs shall be
determined by the Committee, but in no event shall the duration of an Option or SAR exceed ten years from the date of its grant. 
 (e) Vesting. Options and SARs shall contain such vesting terms as are determined by the Committee, at its sole discretion, including, without limitation, vesting upon the achievement of certain specified performance targets. In the
event that no vesting determination is made by the Committee, Options and SARs shall vest as follows: (1) 25% on the first anniversary of the date of the grant; (2) 25% on the second anniversary of the date of the grant; (3) 25% on
the third anniversary of the date of the grant; and (4) 25% on the fourth anniversary of the date of the grant. 
 (f) Other Terms and Conditions. Options and SARs may contain such other provisions, not inconsistent with the provisions of the Plan, as the Committee shall determine appropriate from time to time; provided, however, that, except in
the event of a Change in Control, Retirement, Disability or death of the optionee, no grant shall provide that an Option or SAR shall be exercisable in whole or in part for a period of twelve (12) months from the date on which the Option or SAR
is granted. The grant of an Option or SAR to any employee shall not affect in any way the right of the Company and any Related Company to terminate the employment of such employee. The grant of an Option or SAR to any consultant shall not affect in
any way the right of the Company and any Related Company to terminate the services of such consultant. 
 (g) ISOs. The
Committee, with respect to each grant of an Option to an optionee, shall determine whether such Option shall be an ISO, and, upon determining that an Option shall be an ISO, shall designate it as such in the written instrument evidencing such
Option. If the written instrument evidencing an Option does not contain a designation that it is an ISO, it shall not be an ISO. 
 The aggregate fair market value (determined in each instance on the date on which an ISO is granted) of the KO Common Stock with respect to which ISOs are first exercisable by any optionee in any calendar year shall not exceed $100,000 for
such optionee (or such other time limit as may be required by the Internal Revenue Code of 1986, as amended). If any subsidiary or Majority-Owned Related Company of the Company shall adopt a stock option plan under which options constituting ISOs
may be granted, the fair market value of the stock on which any such incentive stock options are granted and the times at which such incentive stock options will first become exercisable shall be taken into account in determining the maximum amount
of ISOs which may be granted to the optionee under this Plan in any calendar year. 
  

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 Section 8. Nontransferability of Options and SARs 
 No Option or SAR granted pursuant to the Plan shall be transferable otherwise than by will or by the laws of descent and distribution. During the lifetime
of an optionee, the Option or SAR shall be exercisable only by the optionee personally or by the optionee’s legal representative. 
 Section 9.
Effect of Termination of Employment, Other Changes of Employment or Employee Status, Death, Retirement, or a Change in Control 
 (a) For Employees. For optionees who are employees of the Company or its Related Companies on the date of grant, the following provisions shall apply: 
  

					
	 Event
	 	 Impact on Vesting
	 	 Impact on Exercise Period

			
	Employment terminates upon Disability.	 	All Options and SARs become immediately vested.	 	Option/SAR expiration date provided in grant continues to apply.
			
	Employment terminates upon Retirement.	 	Options and SARs held at least 12 full calendar months become immediately vested; Options and SARs held less than 12 full calendar months are forfeited.	 	Option/SAR expiration date provided in grant continues to apply.
			
	Employment terminates upon death.	 	All Options and SARs become immediately vested.	 	Right of executor, administrator of estate (or other transferee permitted by Section 8) to exercise Options and SARs terminates on earlier of (1) 5 years from the date of death, or
(2) the Option/SAR expiration date provided in the grant continues to apply.
			
	Employment terminates upon Change in Control.	 	All Options and SARs become immediately vested.	 	Option/SAR expiration date provided in grant continues to apply.
			
	Termination of employment where optionee receives severance payment(s).	 	Unvested Options and SARs are forfeited.	 	Options/SARs expire upon the earlier of (1) the end of the severance period, but not less than 6 months from the termination date, or (2) the Option/SAR expiration date provided in the
grant

  

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	Termination of employment where optionee does not receive severance payment(s).	 	Unvested Options and SARs are forfeited.	 	Expires upon earlier of (1) 6 months from termination date, or (2) the Option/SAR expiration date provided in the grant.
			
	US military leave.	 	Vesting continues during leave.	 	The Option/SAR expiration date provided in the grant continues to apply.
			
	Eleemosynary service.	 	Committee’s discretion.	 	Committee’s discretion.
			
	US FMLA leave of absence	 	Vesting continues during leave.	 	The Option /SAR expiration date provided in the grant continues to apply.
			
	Optionee’s employer is no longer a Related Company (this constitutes a termination of employment under the Plan, effective the date the Company’s investment falls below
20%).	 	Unvested Options and SARs are forfeited.	 	Expires upon earlier of (1) 6 months from termination date or (2) Option/SAR expiration date provided in the grant.
			
	Employment transferred to Related Company.	 	Vesting continues after transfer.	 	The Option/SAR expiration date provided in the grant continues to apply.
			
	Death after employment has terminated but before option has expired. Note: Termination of employment may have resulted in a change to the original Option/SAR expiration date provided in the
grant.	 	Not applicable	 	Right of executor, administrator of estate (or other transferee permitted by Section 8) terminates on earlier of (1) 5 years from the date of death, or (2) the Option/SAR
expiration date that applied at the date of death.

 In the case of other leaves of absence not specified above, optionees will be deemed to have
terminated employment (so that Options and SARs unvested will expire and the option/SAR exercise period will end on the earlier of 6 months from the date the leave began or the option expiration date provided in the grant), 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. 
 (b) For Consultants. For optionees who are consultants, the provisions relating to changes of work assignment, death, disability, Change in Control,
or any other provision of an Option or SAR shall be determined by the Committee at the date of the grant. 
 (c) Committee Retains
Discretion To Establish Different Terms Than Those Provided in Sections 9(a) or 9(b). Notwithstanding the foregoing provisions, the Committee may, at its sole discretion, establish different terms and conditions pertaining to the effect of an
optionee’s 

  

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termination on the expiration or exercisability of Options and SARs at the time of grant or (with the consent of the affected optionee) on the expiration or
exercisability of outstanding Options and SARs. However, no Option or SAR can have a term of more than fifteen years. 
 Section 10. No Rights as a
Shareowner 
 An optionee or a transferee of an optionee pursuant to Section 8 shall have no right as a shareowner with respect to
any KO Common Stock covered by an Option or SAR or receivable upon the exercise of an Option or SAR, until the optionee or transferee shall have become the holder of record of such KO Common Stock. No adjustments shall be made for dividends in cash
or other property or other distributions or rights in respect to such KO Common Stock covered by any Option or SAR for which the record date is prior to the date on which the optionee or transferee shall have in fact become the holder. 

Section 11. Adjustment in the Number of Shares and in Option and Exercise Price 
 In the event there is any change in the shares of KO Common Stock through the declaration of stock dividends, or stock splits, or through recapitalization
or merger or consolidation or combination of shares or spin-offs or otherwise, the Committee or the Board shall make an appropriate adjustment in the number of shares of KO Common Stock available for Options and SARs as well as the number of shares
of KO Common Stock subject to any outstanding Option or SAR and the Option price or exercise price thereof. Any such adjustment may provide for the elimination of any fractional shares, which might otherwise become subject to any Option or SAR,
without payment therefor. 
 Section 12. Amendments, Modifications and Termination of the Plan 
 The Board or the Committee may terminate the Plan at any time. From time to time, the Board or the Committee may suspend the Plan, in whole or in part.
From time to time, the Board or the Committee may amend the Plan, in whole or in part, including the adoption of amendments deemed necessary or desirable to qualify the Options or SARs under the laws of various countries (including tax laws) and
under rules and regulations promulgated by the Securities and Exchange Commission with respect to optionees who are subject to the provisions of Section 16 of the 1934 Act, or to correct any defect or supply an omission or reconcile any
inconsistency in the Plan or in any Option or SAR granted thereunder, or for any other purpose or to any effect permitted by applicable laws and regulations, without the approval of the shareowners of the Company. However, in no event may additional
shares of KO Common Stock be allocated to the Plan or any outstanding option or SAR be repriced or replaced without share-owner approval. Without limiting the foregoing, the Board or the Committee may make amendments applicable or inapplicable only
to participants who are subject to Section 16 of the 1934 Act. 
 No amendment or termination or modification of the Plan shall in any
manner affect any Option or SAR theretofore granted without the consent of the optionee, except that the Committee may amend or modify the Plan in a manner that does affect Options and SARs theretofore granted upon a finding by the Committee that
such amendment or modification is in 

  

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the best interest of holders of outstanding Options and SARs affected thereby. Grants of ISOs may be made under this Plan until April 17, 2012 or such
earlier date as this Plan is terminated, and grants of NSOs and SARs may be made until all of the 120,000,000 shares of KO Common Stock authorized for issuance hereunder (adjusted as provided in Sections 5 and 11) have been issued or until this
Plan is terminated, whichever first occurs. The Plan shall terminate when there are no longer Options or SARs outstanding under the Plan, unless earlier terminated by the Board or by the Committee. 
 Section 13. Governing Law 
 Except to extent
preempted by Federal Law, this Plan shall be construed, governed and enforced under the laws of the State of Delaware (without regard to the conflicts of law principles thereof) and any and all disputes arising under this Plan are to be resolved
exclusively by courts sitting in Delaware. 
  

 10Form of Restricted Stock Agreement, E. Neville Isdell

 Exhibit 10.4 
 FORM – E. Neville Isdell 
 PERFORMANCE SHARE AGREEMENT 
 The Coca-Cola Company 1989 Restricted Stock Award Plan 
 The Coca-Cola Company (the “Company”) hereby agrees to award to the recipient named below (the “Recipient”) the number of shares of Common Stock, $.25 par value, of the Company (the “Shares”), in accordance
with and subject to the terms, conditions and restrictions of this Agreement. 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 1989 Restricted Stock Award Plan (the “Plan”), as amended. 
  

			
	 Name of Recipient:
	  	XXXXXXXXXX
		
	 Target Award:
	  	XXXXXX Shares
		
	 Award Date:
	  	XXXXXX, XX, XXXX

 The following dates are applicable for this Agreement: 
  

			
	Performance Period	  	XXXXXXX – XXXXXX
		
	Holding Period	  	XXXXXXX- XXXXXX
		
	 Performance
 Certification
Date
	  	 XXXX, on the date of the Compensation
 Committee meeting

		
	Release Date	  	XXXXXX, XX, XXXX

 Performance Criteria: The following performance criteria must be met for an award of Shares to be made
under this Agreement. The number of Shares awarded shall be determined from the Target Award and the following schedule: 
  

			
	[Performance Criteria]	  	Percentage of Target Award to be Granted
		
	X% (Maximum Award)	  	XXX%
		
	X% (Target Award)	  	XXX%
		
	X% (Minimum Award)	  	XX%
		
	Less than X%	  	0

 The Performance Criteria shall be: [DEFINITION OF PERFORMANCE CRITERIA AND ADJUSTMENT RULES, IF ANY] 

 TERMS AND CONDITIONS OF THIS AGREEMENT 
  

	(1)	General Conditions. If all of the conditions set forth in this Agreement are satisfied, the Shares will be released to the Recipient on the Release Date. Capitalized
terms in this Agreement refer to defined terms in the Plan, except as otherwise defined herein. If these conditions are not satisfied, the Award shall be forfeited, in whole or in part. 

  

	 	(a)	Continuous Employment. The Recipient must be continuously employed by the Company or a Related Company from the date of this Agreement through the Release Date for Shares to
be issued and released, except as provided in Section 3 or except as expressly required by local law. 

  

	 	(b)	Performance Conditions. The Shares shall be issued only if (and to the extent) that the Performance Criteria, set forth above, are satisfied during the Performance Period.
The Controller of the Company and the Compensation Committee 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 feasible after the Performance Certification Date, the number of Shares earned based on the
Performance Criteria shall be issued to the Recipient, but shall remain restricted and subject to forfeiture until the Release Date, except as provided in Section 3 below. For certain Recipients for which the issuance of Shares at the
Performance Certification Date would create adverse regulatory, tax, or legal consequences (determined in the discretion of the Company or a Related Company), Shares shall not be issued until just prior to the Release Date. In such a case, the
Recipient shall be deemed to have share units equal to the number of Shares earned for the period between the Performance Certification Date and the date Shares are issued. Except as provided in Section 3 below, all Awards shall be settled in
shares of Company stock. 

 The Recipient shall not receive any dividend or dividend equivalent payments during the Performance
Period. Between the Performance Certification Date and the Release Date, Recipients shall be entitled to dividends on Shares at the same rate and paid at the same time as other shareowners. For Recipients described above who are not issued Shares
until just prior to the Release Date, such Recipients shall receive a cash payment equal to the dividend that would have been paid on an equal number of Shares for the period between the Performance Certification Date and 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 prior to the date Shares are issued. Between the date shares are issued and the Release Date, Recipient shall have no right to sell, exchange, transfer, pledge, hypothecate or otherwise dispose
of the Shares. Except for these restrictions, when Shares are issued, the Recipient shall, with respect to the Shares, have all the rights of a shareowner of the Company, including the right to vote the Shares and to receive all distributions and
dividends paid with respect to the Shares. 
  

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	(3)	Separation from the Company. If any of the circumstances 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 separation from the Company and the timing of the event. 

  

					
	 	  	 During the Performance Period
	  	 During the Holding Period

	Death	  	 •        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 death.
  
 •        If the Performance Criteria are met during the shortened Performance
Period, instead of an award of Shares, the Recipient’s estate 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. If death occurs in the first year of the
Performance Period, performance will be deemed to be at the target level. 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 of the Recipient’s
death.
	  	 •        If Shares have been issued, the Shares shall be
released to the Recipient’s estate within 90 days of 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 and shall be paid within 90 days of the Recipient’s
death.

			
	Disability	  	 •        Performance Period continues.
  
 •        After
the performance is certified, the number of Shares earned are issued and released within 90 days of the Performance Certification Date.
	  	 •        Issue and/or release Shares within 90 days of Disability.

			
	Retirement	  	 •        The Performance Period continues.
  
 •        After
the performance is certified, the number of Shares earned are issued and released within 90 days of the Performance Certification 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 Retirement.
	  	 •        Issue and/or release Shares within 90 days of Retirement. If required by Section 409A
of the Internal Revenue Code, Shares may not be released to specified employees until at least six months following Retirement.

			
	Company-Initiated Transfer
to a Related
Company	  	 •        Performance Period continues.
  
 •        After
the performance is certified, the number of Shares earned are issued and released within 90 days of the Performance Certification Date.
	  	 •        Holding Period continues.
  
 •        If all
requirements met, Shares are released on the Release Date.

			
	Change in Control	  	 •        Target number of Shares are issued and released just prior to Change in
Control
	  	 •        Number of Shares earned are issued and/or released just prior to Change in
Control

  

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 (a) For purposes of determining “Disability,” the definition of “Disability” as
contained in Section 5(a) of the Plan is replaced with the following definition: 
 “Disability” shall mean a condition for
which an individual becomes eligible for and receives a disability benefit under the long term disability insurance policy issued to the Company providing Basic Long Term Disability Insurance benefits pursuant to The Coca-Cola Company Health and
Welfare Benefits Plan, or under any other long term disability plan which hereafter may be maintained by the Company or a Related Company, provided that the Recipient is unable to engage in any substantial gainful activity by reason of any medically
determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than twelve months. 
 (b) For the purpose of determining “Retirement,” the definition of “Retirement” as contained in Section 5(a) of the Plan is replaced with the following definition: 
 “Retirement” means an employee’s termination of employment on a date which is on or after the Recipient attains age 55 and has completed at
least ten years of service (service being defined as Years of Vesting Service under the Company’s Employee Retirement Plan (the “ERP”), whether or not the employee is covered by the ERP. 
 (c) If a Recipient dies, the provisions for death shall apply whether or not the Recipient is eligible for Retirement. If the Recipient is eligible for
Retirement at the time of separation, the Retirement provisions shall apply instead of any other potential reason for separation, other than death. 
  

	(4)	Acceptance of Agreement. The Recipient shall indicate his or her acceptance of this Agreement in the method directed by the Company. When Shares are issued, the
Recipient must also execute a Stock Power in the form provided 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. 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 specified on the face page of this Agreement. 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. 

  

 4 

	(7)	Taxes. 

 (a) The Company or a Related Company
will assess the requirements regarding federal, state and/or local taxes, social insurance, and payroll tax withholding obligations (the “Taxes”) in connection with the Shares awarded under this Agreement. The Recipient acknowledges that
these requirements may change from time to time as laws or interpretations change. 
 (b) The Recipient shall pay to the Company, or make
arrangements satisfactory to the Company, regarding payment of all Taxes. The Company may require satisfaction of any withholding taxes by retention of Shares or by requiring the sale of Shares. The Company and its Related Companies shall have the
right to deduct from any payment of any kind otherwise due to such Recipient any Taxes with respect to the Shares, if any such obligation has not been made by such Recipient. 
 (c) Irrespective of the Company or a Related Company’s action or inaction with respect to the Taxes, the Recipient hereby acknowledges and agrees
that the ultimate liability for any and all Taxes is and remains the responsibility and liability of the Recipient or the Recipient’s estate. For Recipients who are International Service Associates or covered by another international service
policy, all Taxes remain the Recipient’s responsibility, except as expressly provided in the Company’s International Service Policy and/or Tax Equalization Policy. Recipient acknowledges that the Company and any Related Company
(i) make no representations or undertaking regarding the treatment of any Taxes and (ii) do not commit to structure the terms of the award or any aspect of the transfer of the Shares to reduce or eliminate the Recipient’s liability
for Taxes. 
  

	(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 of Shares shall not affect in any way the right of the
Recipient’s 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 Recipient’s employment from the Company or any Related Company, 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
or any Related Company or 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 

  

 5 

 
the business or affairs of the Company which Recipient was involved with during Recipient’s employment; 
 (c) Non-Disclosure of Trade Secrets – failure to hold in confidence all Trade Secrets of the Company that came into Recipient’s knowledge
during Recipient’s employment by the Company or any Related Company, 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 that came into Recipient’s knowledge during Recipient’s employment by the Company or any Related Company, 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 Recipient, in the event of 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 Recipient by virtue of Recipient’s employment with the Company or a Related Company, or failure promptly to deliver to the Company all vehicles, computers, credit
cards, telephones, handheld electronic devices, office equipment, and other property furnished to Recipient by virtue of Recipient’s employment with the Company or a Related Company; 
 (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 Recipient’s employment with KO; or 
 (h) Violation of Company Policies – violating any written policies of the Company or Recipient’s employer applicable to Recipient, including without limitation the Company’s insider trading
policy. 
  

	(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)	 Personal Data. The Recipient understands that his or her employer, the Company or a Related Company 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, salary, nationality, job title, and details of all Shares awarded, cancelled, vested, unvested, or 

  

 6 

	 	 
outstanding (the “personal data”). Certain personal data may also constitute “sensitive personal data” within the meaning of applicable
local law. Such data include but are 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 and any
Related Company to process any such personal data and sensitive personal data. The Recipient also hereby provides explicit consent to the Company and any Related Company to transfer any such personal data and sensitive personal data outside the
country in which the Recipient is employed, and to the United States. The legal persons for whom such personal data are intended are the Company and any broker company providing services to the Company in connection with the administration of the
Plan. The Recipient has been informed of his or her right of access and correction to his or her personal data by applying to the person identified in paragraph 6. 

  

	(12)	Additional Consents. The Recipient consents to and acknowledges that: 

 (a) the Plan is discretionary in nature and the Company can amend, cancel or terminate it at any time; 
 (b)
these awards 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 such 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) the value of the Shares and this award is an
extraordinary item of compensation, which is outside the scope of the Recipient’s employment contract, if any; 
 (f) the Shares, this
award, or any income derived there from are a potential bonus payment not paid in lieu of any cash salary 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, end of service payments, bonuses, long-service awards, life or accident insurance benefits, pension or retirement benefits or similar payments; 
 (g) in the event of involuntary termination of the Recipient’s employment, the Recipient’s eligibility to receive Shares or payments under this
Agreement or the Plan, if any, will terminate effective as of the date that the Recipient is no longer actively employed regardless of any reasonable notice period mandated under local law, except as expressly provided in this Agreement; 

(h) the future value of the Shares is unknown and cannot be predicted with certainty; 
 (i) (for individuals other than employees of the Company) the award has been made to the Recipient in his or her status as an employee of his or her
employer and can in no event be understood or interpreted to mean that the Company is his or her employer or that he or she has an employment relationship with the Company; 
 (j) no claim or entitlement to compensation or damages arises from the termination of this Agreement or diminution in value of the Shares and the
Recipient irrevocably releases the Company and his or her employer, if different from the Company, from any such claim that may arise; 
 (k)
participation in the Plan or this Agreement shall not create a right to further employment with the Recipient’s employer and shall not interfere with the ability of the Recipient’s employer to terminate the Recipient’s employment
relationship at any time, with or without cause; 
  

 7 

 (l) the Plan and this Agreement set forth the entire understanding between the Recipient, the Company,
and any Related Company regarding the acquisition of the Shares and supercedes all prior oral and written agreements pertaining to this award; and 
 (m) 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. 
  

	(13)	Governing Law. This Agreement has been made in and shall be construed under and in accordance with the laws of the State of Delaware USA. 

  

	(14)	Headings. Paragraph headings are included for convenience and shall not affect the meaning or interpretation of this Agreement. 

  

	
	THE COCA-COLA COMPANY
	
	  

	Authorized Signature

  

 8

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