Document:

DPS-EX10.29_12.31.13

Exhibit 10.29
SCHEDULE OF TERMS
(Goods)

June 20, 2013

	
			
	TERMS

	Purchaser:
	The American Bottling Company, a Delaware corporation and Mott’s LLP, a Delaware limited liability company, both with a principal place of business at 5301 Legacy Drive, Plano, Texas 75024.
Purchaser may also order Goods on behalf of their respective affiliates or third party co-packers, but they shall not be deemed third party beneficiaries.    

	Supplier:
	CROWN Cork & Seal USA, Inc., a Delaware corporation having its principal place of business at One Crown Way, Philadelphia, PA 19154-4599.

	Term: 

	Effective Date:
	January 1, 2014

	End Date:
	December 31, 2018

	Goods:
	Aluminum 12-ounce (202/212 x 413), 8-ounce (202/212 x 307) and 16-ounce (202/211 x 603) beverage cans and ends (“Goods”) as listed on Exhibit B, to be delivered to the Delivery Locations as listed in Exhibit B, and printed with up to six color decoration. End units supplied shall be 202 diameter standard “LOE” (large opening end) or Supplier’s 202 diameter “Super-Ends®”. Purchaser will purchase (***) of its Goods requirements for the Delivery Locations listed in Exhibit B. If existing volume is moved to different filling location than noted in Exhibit B (whether owned by Purchaser, an Affiliate or a co-packer) then Purchaser will ensure that Supplier will maintain that volume during the Term.   

	Delivery Locations:
	Delivery Locations are as specified in the Price List on Exhibit B.

	Specifications:
	The Goods must conform to the drawings attached as Exhibit C as well as the Purchaser’s Performance Specifications and Purchaser’s Environmental Policy and Biological Specifications attached hereto and incorporated herein as Exhibit C. Any change to the specifications or drawings must be approved by Purchaser.

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	Price:
	Prices listed on Exhibit B are effective  (***). Prices are delivered including standard inks with up to 6-color graphics.  A pricing table for all sizes of Goods, including Delivery Locations and Prices is set forth on Exhibit B.
There shall be an additional charge for color tabs of (***) per thousand units (MEA). The minimum order quantity for color tabs is (***) units. There shall be an additional charge for white basecoat of (***)/MEA.

Throughout the Term of this Agreement, Prices shall be adjusted based on the Price Adjustment formula set forth below which shall include the (***) metal conversion factors as outlined in the following chart:

	 
	

	 
	The invoice Price for Goods shall be adjusted only to reflect changes (increases or decreases) in: (1) aluminum ingot costs affecting the pro-forma price calculation; and (2) conversion costs with a baseline price as set forth in Exhibit B.  

Aluminum  ingot costs to set up Pro-forma pricing: 

The ingot component of the price adjustment factor is based on (***)
(***) pricing plus a  (***) published settlement prices are used for the purposes of determining the aluminum ingot component of can and end prices and the (***) will be used as the reference for  (***). 

Monthly aluminum prices (actual monthly price) will be based on the market price for aluminum ingot. The market price is defined as the (***) for (***) on the (***) for the  (***) of purchase.   To calculate the actual  (***) price for  (***), the  (***) prices for each business day in a  (***) will be added to the  (***) of the  
(***) for each business day in the month as reported by  (***).
 

	 
	 

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	Price (continued) :
	The can/end pro-forma Price shall be adjusted the first day of each calendar quarter (January, April, July, and October), based on the (***)  and 
(***) price  (***) for the middle-month (***) as set forth in the table below (“(***)”). Supplier shall communicate the  (***) to Purchaser on the  (***) day of the  (***) is effective. 

	 
	

	 
	Aluminum Ingot Price change mechanism:  
For every  (***) per pound increase/decrease of  (***) cost, the Price shall change by  (***) difference between the middle-month of  (***) and the middle-month of the (***).

Example of invoice Price adjustment for Aluminum Ingot Cost:

Assuming  (***) 12oz can ex-works price is  (***)MEA at  (***) of  (***)/lb.  If  (***) middle-month average price is  (***)/lb., the difference would be  (***)/lb., then  (***) (can (***) reference weight  (***)/MEA) =  (***)/MEA.   Then the aluminum portion of the can cost for the period of  (***) would  (***) by  (***)/MEA or be  (***)/MEA.  ((***)/MEA- (***)/MEA) 

Monthly Reconciliation of Aluminum Ingot Cost:

	 
	

	 
	 

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	For example: 
Assuming (***) pro-forma pricing for 12oz cans at (***)/MEA ((***)) and an  (***)/lb.  If  (***) daily average price is  (***)/lb., the difference would be 
(***)lb., then  (***) (can (***) weight  (***)/MEA)
 =  (***)/MEA. If April total purchased volume is (***) units, then (***) units x  (***)/MEA =  (***); which means Supplier will pay Purchaser a reconciliation amount equal to  (***) for the month of  (***). 

Conversion Costs (including ingot  can/end  conversion): 

The conversion cost shall remain firm from  (***). 
Beginning  (***) and for the remainder of the Term of the Agreement,
the  conversion cost as stated in Exhibit B may be adjusted  (***) on 
(***) of each year. The conversion Prices for each (***) will be the basis for Price adjustments for the next (***). 

The adjustment will reflect  (***) of the  (***). 
The first such adjustment shall 
be on  (***) based on the  (***) average, (***) change 
in the  (***), compared to  (***) and subsequent 
adjustments shall be made each  (***) thereafter based on the same 
(***) average comparisons. 

Example:
Assuming  (***) for  (***) =  (***) and  (***) for (***) =  (***)
                 
Increase in the  (***) = ((***))/(***) =  (***)                 
If the  (***) conversion cost for 12oz can is  (***)/MEA, (***) x  (***) x  (***)=(***), then the conversion cost increase for  (***) would be  (***)/MEA.

Except for the Price adjustments set forth above, there will be no other Price adjustments to the ex-works Price.

	Freight: FSC – Fuel Surcharge
	Supplier’s freight by can size as stated in Exhibit B can be adjusted  (***) to reflect changes in fuel surcharge (FSC) only as set forth below.  The baseline for the FSC adjustment is  (***) as shown in Exhibit B. 

FSC adjustment mechanism: 
Fuel prices and surcharges will be reviewed  (***) and calculated based on 
the  (***)as published on the  (***). The FSC that Supplier charges Purchaser will be based on the table set forth in Exhibit D. 

	 
	 

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	Freight: FSC – Fuel Surcharge
	The agreed base fuel surcharge is  (***).  The surcharge rate per mile is multiplied by the (***) from the (***) point to the  (***) and divided by the cans/ends quantity shipped to each  (***).  Agreed mileage is set forth in Exhibit D.  The FSC rate will change once there has been a cumulative change of  (***) FSC per  (***) using the base  (***) per mile.  The FSC rate will only be adjusted when the rate is at  (***) and any  (***) increment below  (***) or above  (***). 

Quarterly fuel surcharge adjustment schedule is as follows: 

	 
	

	 
	For example (12oz Cans) as set for in Exhibit D:

For 12oz cans, the baseline of  (***) per mile as stated in Exhibit D equates to  (***) cans. If the FSC average of  (***) is  (***) and the weighted average miles for all 12 oz cans from  (***) locations to  (***) Locations is  (***) miles as stated in Exhibit D, then the total FSC cost is  (***).  In order to calculate the FSC cost per  (***), the total 
FSC cost is divided by the weighted average number of units per (***) for the 12 oz cans (***). Then the freight rate as set forth in Exhibit B should be adjusted by  (***) per thousand  (***) for  (***), through  (***). 

Customer Pick-Up (CPU): 
Purchaser reserves the right to provide and pay for freight between the Supplier facilities (plants or warehouses) and Purchaser Delivery Locations.  If Purchaser elects to provide and pay for freight between the Supplier facilities and Purchaser Delivery Locations, then all Prices are ex-works Supplier facilities and Supplier will provide CPU rates as set forth on Exhibit E which are equal to its cost to deliver the Goods by commercial carrier. The CPU rate will be adjusted quarterly based on FSC change in accordance with the table in Exhibit D. The current CPU rate and Supplier’s primary and secondary supplying plants are set forth in Exhibit E.

All invoices will be issued at Delivered pricing, if there are Purchaser plant locations that pick up Goods at Supplier locations or Warehouses then Supplier will reconcile all customer pick ups and issue a credit by the10th business day of the next month.

Others:
Beginning  (***), the previous year’s delivered freight and CPU freight rates will be reviewed  (***) and adjusted on  (***) of each  (***).  For example on the delivered freight in  (***) if the rate went up  (***) then the adjustment would be on the then current rate of  (***) weighted freight costs on 12 oz can in  (***).  In  (***), the base rate that would adjust up or down would be  (***).  

If Purchaser wishes to change or add to the Delivery Locations, the parties shall negotiate and agree on applicable freight costs and fuel surcharges applicable to any revised or added Delivery Location. 

Supplier reserves the right to recalculate the freight component of the Goods Price if Purchaser relocates the Delivery Locations for substantial quantities of Goods or establishes new delivery locations.

	 
	 

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	Payment Terms:
	Purchaser shall pay Supplier for Goods hereunder, net (***) days from shipment date for (***); and net (***) days from shipment date for (***); and (***) (net (***) days) from shipment date for (***).

	 (***):
	The parties agree that during the Term of this Agreement, (***) shall, in its sole discretion, have the ability to (***) with aluminum suppliers or (***), subject to the processes and terms and conditions that the parties may agree from time to time.

	(***): 
	(***) shall have the (***) for all or a portion of its Goods requirements, so long as (i) there are no (***) (ii) (***) would not (***) to its (***) suppliers.  (***) shall advise (***) at least (***) in advance of the date that it proposes to (***) shall notify (***) in writing (via a document signed by (***) General Counsel) whether its (***) will be affected within (***) after it receives notice from (***).   If within such (***) does not advise (***)                                                                                                                                                                                                                                                      that its (***) will be affected, (***) finalize the (***).  If (***) does not finalize its (***) shall continue to (***) shall begin again the procedure above (***) provided to (***) by (***) shall be subject to (***) normal qualification and disqualification procedures.

	(***):
	If (***) sells Goods in the (***) to another (***) (taking into consideration (***) net of any (***) made by (***) and the (***))(***), then (***) shall, by written notice, inform (***) of the (***) and (***) shall be entitled to (***) upon the written request of (***).  If (***), in good faith, does not inform (***) and subsequently it is determined that (***) under the terms of this Agreement, then (***) shall receive a (***), calculated from the (***) went into effect for the (***).  This shall be (***) with regard to (***) under this Agreement.   The (***) and (***) supplied hereunder are not subject (***).

	Warehousing/Storage:
	To the extent that the Supplier needs to warehouse Goods at a third party facility, the Supplier will bear all cost.  

	 (***): 
	After (***), in the event (***) for (***) of (***), at a (***) then (***) shall notify (***) of (***) and shall provide written evidence thereof, without including the (***)  then shall have (***) to advise (***) whether or not it (***).  If (***) shall have the right, but not the obligation, (***).  Should (***), it shall (***). 

	 
	 

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	Competitive Technology: 
	Supplier and Purchaser agree that it is of primary importance to Purchaser and Supplier to remain competitive in their respective industries. Should new technology become available to Supplier during the Term that would enable Supplier to pass along to Purchaser a significant competitive advantage in the relevant industry, as long as Supplier’s access to such technology is not restricted by law or otherwise contractually restricted, Supplier shall advise Purchaser, or Purchaser shall advise Supplier, of such technology and the parties shall discuss the possibility of implementation of such technology, including issues relating to timing of implementation, cost sharing and cost savings. To the extent that the parties cannot reach agreement as to timing of implementation, cost sharing and cost savings within (***) of one party’s notice to the other regarding such technology, Purchaser may give Supplier (***) written notice of (***), sent not later than (***). To the extent that Supplier is restricted by law or contractually from offering said technology to Purchaser, Supplier must notify Purchaser within (***) days of Purchaser's notification to Supplier of such technology after which time, Purchaser is (***) upon (***) written notice to Supplier and (***). 

	Inventory Management
	Supplier must ensure that at all times it will manufacture sufficient stocks of Goods to satisfy all orders which may be submitted by Purchaser in accordance with the terms and conditions of this Agreement.  Purchaser shall supply Supplier with a rolling 12 month forecast of Goods requirements to allow Supplier to reasonably plan and schedule its production resources. Such forecast shall be for planning purposes only and shall not be binding on Purchaser.  The forecast shall be refreshed the first week of every month.  Purchaser shall advise Supplier of or provide Supplier with the correct and current artwork for the Goods ordered by Purchaser. In all events, Purchaser shall be solely responsible for all forecasts and ordered Goods in respect to current copy, artwork and content.  Supplier shall ship to the Purchaser any Goods ordered by Purchaser with the most current artwork. Supplier shall manufacture and supply Goods as ordered by the Purchaser(s) and at Supplier’s discretion it may manufacture Goods to build inventory to meet Purchaser’s forecast needs.  Supplier shall limit forecast inventory to an amount equal to no more than (***) months expected usage based upon the immediately foregoing (***) months order submitted by Purchaser.  Any inventory build in excess of (***) months requires Purchaser’s prior written approval.  If Purchaser has provided Supplier with the most current artwork and Supplier prints using out of date or incorrect artwork, Supplier shall be responsible for such Goods. 

	Forecast and slow moving Inventory:

	The parties agree to work together to mitigate forecast issues and to continually improve forecast accuracy.  
Upon written agreement between the parties, Supplier may invoice Purchaser for slow moving inventories of Goods.  Should Supplier have inventory of Goods beyond (***) of the production date, Supplier may invoice Purchaser for the production of such Goods, provided that the Goods were ordered by Purchaser through forecasting or purchase orders.

	Lead Time & Minimum Run Quantity:
	  Lead time and minimum run quantity is as listed in Exhibit F. Purchaser will submit release schedules weekly from each Delivery Location to Supplier’s plant (***) for releases the following week. 

	Business Continuity Plan:
	   If any of the Supplier plants encounter difficulties meeting Purchaser’s needs for the Goods required by this Agreement, Supplier will make commercially reasonable efforts to source such Goods from other facilities of Supplier.  The obligations of Supplier in the preceding sentence shall not apply in the case of difficulties relating to Force Majeure.   Supplier will make commercially reasonable efforts to resume production at the supply facility affected by the Force Majeure event under the terms and conditions of this Agreement in a timely manner.

	 
	 

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	Graphics and Artwork:
	(***). 
   Supplier will send samples for each color on the can, which must be approved by Purchaser.

	(***) Savings:
	The Parties will use commercially reasonable efforts to achieve costs savings and will meet and discuss on a periodic basis potential cost savings initiatives.  Any cost savings initiative that would result in a deviation from the specifications/drawings, reduce quality or similarly impact Supplier’s ability to meet all terms and conditions of this Agreement must be approved in writing by Purchaser. 
Supplier agrees to reduce (***)/MEA from the (***) Goods Price effective (***). Supplier agrees to (***) through the (***). For example, if the delivered Price in (***) is (***) and the (***) price change is an (***) then the (***) price will be (***)).  In (***),(***) will be the base price to be used with the price change mechanism. 

	(***):
	The parties agree that as of (***), there will be a (***) each year during the Term, payable with respect to purchases of (***) aluminum cans shipped to (***) from (***)   Such (***) will be paid quarterly to (***), within (***) after each (***) so long as (***) purchases a minimum of (***) of its annual (***) can requirements from (***) will be based on the quantity of cans purchased by (***) from (***).

	Force Majeure:
	Neither party will be liable for any delay or failure to perform hereunder (other than obligations of payment) to the extent caused by natural disaster, fire, explosion, war, terrorism, government actions, or other circumstances beyond its reasonable control and without its fault or negligence.  The affected party will immedately notify the other party and must use reasonable commercial efforts to resume performance.  If the period continues for more than (***) consecutive days, and results from an event that affects Supplier’s performance, Purchaser may receive supply of Goods from alternate sources for the duration of the event.  If such event continues for more than (***).

	Dunnage Return Program:
	Pallets, tier sheets and top frames (collectively "dunnage") are the property of Supplier. Dunnage will not be charged to Purchaser and Supplier will arrange pick up and loading of all dunnage at Supplier's own cost.  Purchaser shall return all reusable dunnage to Supplier in good condition, normal wear and tear excepted.  If dunnage is returned damaged and/or in unusable condition, Purchaser will work to correct the situation and reimburse Supplier for the cost. Supplier will supply documentation of the damage to the dunnage to Purchaser for Purchaser’s approval. Dunnage cost per plastic pallet (***); per plastic divider sheet (***); and plastic top frame (***). 

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	Other Terms:
	Promotional materials:
Supplier acknowledges that Purchaser stipulates that Purchaser’s Direct Store Delivery (DSD) business unit does not change SAP material numbers to accommodate for changes due to promotional items and that promotional items are not reflected in Purchaser’s twelve month rolling forecast, Supplier shall receive from Purchaser a written communication via e-mail from Purchaser’s Manager, Packaging Logistics or centralized planning describing Purchaser’s promotion campaigns (dates, location and quantities), which shall be separate from and in addition or substitution of Purchaser’s twelve month rolling forecast. Purchaser’s promotional notification system is called “Dr Orders”. Supplier must ensure that at all times it will manufacture sufficient stocks of Goods to satisfy all promotional orders which may be submitted by Purchaser.   Supplier shall manufacture and supply Goods as ordered by the Purchaser and shall limit forecast inventory to an amount equal to the purchase order.  In no event, however, shall Purchaser have any obligation or responsibility for any Goods that Supplier manufactures in excess of the promotional quantity stated in Purchaser’s purchase order or release.
Supplier is required to submit five printed samples from each press run (promotional and new stock graphics) to Purchaser’s Packaging Logistics Manager.  
Technical Services: 
Supplier shall provide a reasonable amount of the following technical services to Purchaser (***):
Seamer machine training
Seam service training
Line/seamer Audits
Can handling services at the Purchaser’s plant and Purchaser’s warehouse
Filtec MSEs (machine setting evaluation)
Cradle to Grave Audits (complete audit from Supplier's production to delivery to Purchaser's Delivery Location) 
Off-site Seamer Training
Lean 6-Sigma Event Participation

	Other Terms
	Supplier agrees to provide the following reports to Purchaser:

Shipments Reports (by month and by Delivery Location)

Inventory  Reports (on hand, by month)

Quality Reports (defect rate by month, by Delivery Location)

End incising table:  The current Purchaser end incising requirements showing deposit requirements by certain states are included in Exhibit G.

	 

	GENERAL

	Attachments:
	This Schedule of Terms outlines the terms upon which Supplier agrees with Purchaser(s) to provide certain specified Goods, and is further subject to and incorporates the terms and conditions of the Attachments listed below (the “Attachments”):
Exhibit A: Terms of Business between Supplier and Purchasers
Exhibit B: Goods, Prices and Delivery Locations
Exhibit C:  Performance Specifications and Drawings 
Exhibit D: Fuel Surcharge 
Exhibit E: Current CPU rate and Supplier’s locations
Exhibit F: Lead Time and Minimum Run Quantity
Exhibit G: End Incising Table

	 
	 

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	Confidentiality:
	Neither party will disclose the existence or any terms of this letter and Schedule of Terms to any third party except (1) to its legal, financial and accounting advisers who also agree to preserve such confidentiality,  (2) as may be required by law, or (3) with the other’s prior written consent.

	Entire Agreement:
	This Schedule of Terms and the Exhibits/Attachments are the complete agreement of the parties, and supersede all prior communications and understandings, regarding these matters.  If there is a conflict between the terms of this Schedule of Terms and the Attachments, this Schedule of Terms will control.

Each party hereby agrees to the above by having a duly authorized officer sign below and returning an executed copy to the other via facsimile at the below fax number.

	
		
	ACCEPTED AND AGREED:

Purchaser(s):
The American Bottling Company
Mott’s LLP

By: /s/ Derry Hobson
Name: Derry Hobson
Title: EVP Supply Chain
Date:7-22-2013

Address for Legal Notices:
Dr Pepper Snapple Group
55 Hunter Lane
Elmsford, New York 10523
Attn: Asst. General Counsel
Fax:  914-846-2368

Address for Business Notices:
Dr Pepper Snapple Group
5301 Legacy Drive
Plano Texas 75024

Attn: Vice President, Supply Chain Procurement
Fax:  972-673-6922
                        
	ACCEPTED AND AGREED:

Supplier:
CROWN Cork & Seal USA, Inc.

By:/s/ Timothy J. Lorge
Name: Timothy J. Lorge
Title: VP of Sales & Marketing
Date:7-19-2013

Address for Legal Notices:
CROWN Cork & Seal USA, Inc.
One Crown Way
Philadelphia, PA19154-4599
Fax: 215-698-6061
Attn: General Counsel

Address for Business Notices:
CROWN Cork & Seal USA, Inc.
One Crown Way
Philadelphia, PA19154-4599
Fax: 215-856-5568
Attn: Timothy Lorge, VP Sales and Marketing, Crown Beverage Packaging USA

        

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Exhibit A: 
TERMS OF BUSINESS
(GOODS)

INTRODUCTION.

In addition to these Terms of Business, we may evidence additional aspects of our relationship with you in the form of a Schedule of Terms, exhibits, attachments or similar documents executed by both parties.  For ease of reference, such documents shall be referred to as “Schedules” and shall be expressly incorporated into these Terms of Business and shall be construed with and as an integral part of the Agreement to the same extent as if the same had been set forth verbatim herein.  These Terms of Business and any Schedules thereto set forth the agreement (the “Agreement”) between the Purchaser and you regarding the provision of the applicable Goods under each such Schedule.  Each such Schedule shall specify the applicable Purchaser, Supplier, Term, Specifications, Prices, Fees, Expenses, Payment Terms and, if applicable, Pricing Adjustments, Deliverables, Specifications, Quantities, Delivery Locations and certain other terms and conditions regarding the Goods under such Schedule.  The obligations of the Purchasers shall be several and not joint.
    
These Terms of Business are signed in consideration of the mutual agreements herein and other consideration, the receipt and adequacy of which is hereby acknowledged, and with the understanding that the undersigned companies are bound by their terms.  

As used in these Terms of Business, “we”, “our”, “us” (and like terms) refers to Purchaser.  “You”, “yours” means you, the Supplier.   

PURCHASERS.  The applicable Purchasers are set forth in the Schedule (“Purchaser(s)”).  In addition to its own orders, a Purchaser may submit orders for Goods on behalf of co-packers and all terms and conditions of this Agreement will apply.   Each Purchaser’s obligations, liabilities and rights are its own severally and not the joint obligations, liabilities or rights of any other Purchaser, Purchaser company or other party.

SUPPLIER.  The applicable Supplier is set forth in the Schedule.  

GOODS.  You agree to provide Purchaser with the Goods in compliance with the Specifications, in the Quantities and for the Prices specified under a Schedule or if not specified in a Schedule, then in accordance with the terms herein.  

TERM.  The term of each Schedule (the “Term”) will begin on the Effective Date and run through the End Date as specified for the Term of that Schedule, unless renewed or earlier terminated as provided hereunder.  So long as any Schedule remains in effect, this Agreement shall remain in effect with respect to such Schedule.  

QUANTITIES.  Unless expressly specified in any Schedule, Purchaser will have no obligation to order, purchase or use any quantity of Goods, except for those quantities ordered in its written purchase order or in the applicable Schedule or, in the case of a blanket purchase order, releases issued thereunder and not the entirety of the blanket purchase order.

SUBCONTRACTORS.  You may not subcontract the manufacturing of Goods unless otherwise specified in the Agreement or with our prior written approval.  We specifically acknowledge that your wholly-owned subsidiaries may manufacture Goods or components thereof as part of your performance of this Agreement.  Notwithstanding the foregoing and regardless of whether subcontracting was specified or otherwise approved, including if we pay directly for such Goods, you remain fully responsible for the payment and performance of all of your subcontractors, suppliers and vendors.

PRICES FOR GOODS. The price(s) for Goods (the “Prices”) and any applicable pricing adjustments are set forth in the Schedule (the “Price”).   

PAYMENT TERMS.  Payment of invoices is due within the number of days after receipt specified in the Schedule.  Purchaser may take the percentage discount specified in the Schedule for invoices paid within the time specified.  You must invoice us promptly (***).  

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TAXES.  If the Schedule specifies that the Prices are exclusive of taxes, we will pay those sales, use, excise or other similar taxes (excluding taxes based on your net income or business enterprise) assessed on the Prices paid hereunder.  Unless we provide you a valid exemption certificate, we will pay you those taxes you actually paid or are required to collect or pay.  Such taxes must be invoiced along with the Prices, and we will pay them, in accordance with the Payment Terms Section above.  

SPECIFICATIONS FOR GOODS.  All delivered Goods (and their packaging) must comply with any and all applicable Specifications or as we may have mutually agreed with you in the Schedule or otherwise in writing.  If no such Specifications exist for their containers, the containers must be recognized standard containers suitable for their transportation, handling and storage and sufficient to prevent any leakage, spillage or damage.  In addition, you may not modify the Goods in any way without notice to, and prior written approval from, us prior to shipment so that we may evaluate and consent to any modification of the Goods.  If we receive any modified Goods without our consent, we may return them at your expense, and you will reimburse us for all losses, damages and expenses we incur as a result of the modification.

BACKUP DOCUMENTATION. You will maintain, and upon our request, promptly provide complete and accurate backup documentation sufficient to substantiate all transactions with us and charges claimed on each invoice as well as any documentation relating to any claims made regarding the quality of the Goods.  We may discuss the documentation and charges with your personnel (***).  You will otherwise cooperate with all reasonable requests in connection with such review.  You shall promptly refund to us any overcharge resulting from such review.  This Section shall survive for 12 months after the later of the last transaction between us or the expiration or termination of any applicable agreement between us.

FORECASTS.  We may, from time to time, provide you with good faith forecasts/estimates and/or blanket purchase orders for our anticipated needs for Goods.  These may be for annual and/or monthly rolling periods.  These will create no obligation or liability for Purchaser.  They are provided solely so that you can plan your production, inventory and capacity in order to supply Purchaser in the normal course of your business and in accordance with the terms herein and any Schedules.

ORDERING.  We will notify you of any and all required quantities, delivery dates (“Delivery Dates”), delivery locations, shipping instructions and other terms for Goods via our written purchase order.  This purchase order will be binding upon you unless you specifically reject it in writing. Any pre-printed terms and conditions contained in forms used by either you or us to implement this Agreement, including any purchase order, acknowledgment, invoice or other correspondence will be disregarded.  

DELIVERY OF CONFORMING GOODS.  You agree to deliver all ordered Goods, undamaged, without substitution, and in compliance with any Purchase Order that has not been rejected, the Specifications, all warranties and other terms and conditions of this Agreement and any applicable Schedule.  

Failure to Deliver Goods.  If you fail to deliver conforming Goods or if you deliver non-conforming Goods, Purchaser may do any or all of the following: cancel shipment, reject, return or hold them for you (for full credit and at your expense and risk), and/or require replacement (but only with our written authorization).   In addition, (***).

Removal of Insignia/Destruction of Goods.  For any rejected, returned or unpurchased Goods, you will remove any evidence of our name, trademarks or the like before selling or otherwise disposing of them, destroy any food or beverage product not fit for human consumption, and indemnify us against any claim, loss or damage arising out of your failure to do so.

INSPECTION/ACCEPTANCE.  We may inspect Goods prior to payment or acceptance to verify compliance with the terms of this Agreement or any applicable Schedule and applicable criteria or Specifications.  Payment will not constitute acceptance thereof.  However, neither our inspection, approval or acceptance, nor lack thereof, nor anything else in this Agreement or any applicable Schedule , will relieve or limit any of your obligations and warranties under this Agreement or any applicable Schedule (including for testing, inspection, and quality control), whether or not a defect or nonconformity is apparent on examination.

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TITLE AND RISK OF LOSS OF GOODS.  Unless otherwise specified in the applicable Schedule, if you are responsible for delivery of the Goods to Purchaser’s delivery location, title shall pass upon loading on the carrier at your plant and risk of loss shall pass on arrival at Purchaser’s delivery location.  If Purchaser arranges pickup of the Goods at your plant, title and risk of loss shall pass upon loading the carrier at your plant.  
    
QUALITY ASSURANCE AND TECHNICAL SUPPORT FOR GOODS.  With respect to Goods, you agree (at our request and at no charge to us) to:
		
	▪
	Facility Audits.  Allow us (together with our representatives) to audit your manufacturing facilities upon reasonable advance notice and during normal business hours to verify compliance with this Agreement; provided you receive reasonable assurances of confidentiality from our representatives and reasonable advance notice.  We acknowledge that we are responsible for any unauthorized disclosure or use of your Confidential Information by our representatives.

		
	▪
	Technical Support.  Provide information and assistance to identify and resolve issues relating to the Goods, including:

		
	▪
	Technical support personnel fluent in English. 

		
	▪
	Use of laboratories in the U.S. or, as reasonably requested, where Purchaser is located. 

		
	▪
	Full cooperation with us (or independent third parties at our request) regarding product performance and regulatory issues, including in making any required disclosures to governmental agencies or the public.  

		
	▪
	Information, assistance or a plan of action within 24 hours of our request.  If you do not assist us within such period, we may (at your cost) obtain such assistance from a third party.  

		
	▪
	Recalls.  If any quality or technical difficulties with any of the Goods are discovered or the Goods otherwise fail to comply with the warranties or other provisions of this Agreement, you agree to:  

		
	▪
	Immediately cease distribution, recall and/or withdraw such Goods and their packaging from the territory or subsequent purchasers thereof, and  

		
	▪
	In addition to the costs described in the “Failure to Deliver Goods” section above, (***)

		
	▪
	Senior Level Meetings.  Meet (through both parties senior management teams) to discuss opportunities for cost reduction, manufacturing issues, supplier competitiveness, raw material, delivery and freight costs and other issues.

		
	▪
	Supply Chain Improvement.  Establish and participate in supply chain improvement teams with us in order to review, optimize and reduce costs while improving efficiency of the supply chain.  

		
	▪
	Account Rep. Designate (and if necessary remove and replace) an acceptable account representative to manage our account and be available for contact all times on a 24-hour basis. 

WARRANTIES.

Each party represents and warrants to the other that:   

Authorization, etc. The execution, delivery and performance of this Agreement has been duly authorized by all necessary corporate action on its part and that this Agreement has been duly and validly executed and delivered by such party and constitutes a valid and binding agreement of such party, enforceable against such party in accordance with its terms, subject to bankruptcy laws.

Breach of Law/Agreements/Consents.  Its execution, delivery and performance of this Agreement and consummation of the transactions contemplated hereby will not (1) violate or conflict with any applicable Law; (2) conflict with or result in any breach of or constitute (with or without due notice or lapse of time or both) any material default under, or cause any acceleration of, or any maturity of, any contract or other agreement it is a party or subject to; (3) require any consent, approval, order, authorization, license or permit from, or notice, registration or filing with, any third party (including any domestic or foreign governmental, judicial or regulatory authority or entity) that it has not already obtained or will obtain prior to such transaction.

Supplier Additional Warranties.  In addition, you represent and warrant to us that: 

Goods.  You further represent and warrant that Goods, in the form and condition supplied by you and the intended use thereof:
		
	▪
	Specifications, etc.  Conform to the Specifications, (***), are free from defects, and free from all liens and encumbrances when sold to us;

		
	▪
	Law. Comply with all applicable Laws; 

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CONFIDENTIAL TREATMENT REQUESTED by Dr Pepper Snapple Group, Inc.

		
	▪
	Non-Infringement.  Do not infringe, violate or misappropriate any Intellectual Property of any third party;

		
	▪
	Human Consumption.  For Goods intended for human consumption (or ingredients therefore): 

		
	▪
	Are fit for human consumption, 

		
	▪
	Fully comply with all applicable food and health Laws (including for the Delivery Location), 

		
	▪
	Are not contaminated in any way, and

		
	▪
	Do not comprise nor are derived from any genetically modified organisms or products.

		
	▪
	Bioterrorism Act.  You warrant that as applicable all of your facilities relating to any Goods shipped within or to the USA are and at all times during the Term shall remain properly registered under the U.S. Bioterrorism Preparedness and Response Act of 2002, as may be amended, and regulations pursuant to such act (the “Bioterrorism Act”), and you shall provide the applicable registration numbers of such facilities to us upon request along with evidence satisfactory to us of such registration (including, without limitation, copies of registration confirmations).  You warrant that all necessary actions for the importation of the Goods into the USA under the Bioterrorism Act shall be taken by you in the manner and time periods required by the Bioterrorism Act.  You warrant that you are in full compliance with all records maintenance requirements pursuant to the Bioterrorism Act as applicable.

Notice.  You will promptly notify us if you have knowledge of any failure to meet these warranties.

Warranty Exclusions.  In no event shall Supplier incur any liability under these warranties where such liability is directly attributable to Purchaser’s violation of any instructions connected with the Goods provided to Purchaser from Supplier as attached to the Schedule including mutually agreed modifications or where the Goods are exported, in an empty or filled state, to a foreign country other than those listed in Attachment I, unless a special warranty has been specifically approved in writing by Supplier to cover such exported Goods, provided the Goods are within all Specifications including any Performance Specifications mutually agreed upon by Purchaser and Supplier which shall be attached to the Schedule and incorporated herein by reference and except to the extent Supplier has breached a warranty, caused or contributed to the liability. 

IN VIEW OF THE ABOVE EXPRESS WARRANTIES, SUPPLIER MAKES NO OTHER WARRANTY EXPRESS OR IMPLIED IN FACT OF BY LAW.

EXPORT CONTROL.  Purchaser represents that commodities of Supplier that are exported from the United States will be handled in accordance with and are subject to the U.S. Export Administration Regulations (15 C.F.R. Part 730 et seq.).  Diversion contrary to U.S. Law is prohibited.  Without limiting the foregoing, Purchaser agrees that it shall not sell, export, re-export, transfer, divert or otherwise dispose of Supplier’s goods to or via, or for use in the manufacture of products outside the United States specifically or predominately destined for, Cuba, Iran, North Korea, Sudan or Syria, or to any person, firm or entity, or country or countries , for any act activity or use prohibited by the laws of the United States without obtaining prior authorization from the competent government authorities as required by those laws.

ETHICAL TRADING INITIATIVE.  We support the corporate codes of practice set forth by the Ethical Trading Initiative (“ETI”), implementing human rights, ethical labor practices, and environmental protection standards.   These are available at http://www.drpeppersnapplegroup.com/values/sustainability/ethical-sourcing/ and are incorporated herein by reference.  We conscientiously integrate these standards and commitments into the way we run our businesses globally to address such concerns.  You represent and warrant that you will review and adhere to these Ethical Trading Initiative policies in order to achieve the highest ethical and environmental standards and social responsibility in your business practices and production supplies.  If (***), and in accordance with ETI.  (***).

FCPA COMPLIANCE.  Supplier agrees that it has and shall continue to comply with the United States Foreign Corrupt Practices Act (“FCPA”).  This law is found at Title 15, Section 78dd-1 of the United States Code.  In general, the FCPA makes it illegal to bribe or make a corrupt payment to a Government Official (as therein defined) for the purpose of obtaining or retaining business, directing business to any person, or securing any improper advantage.  Other countries have similar laws prohibiting bribery and corrupt payments.  In addition to the FCPA, Supplier agrees that it will comply with any controlling local law designed to prevent bribery or corrupt payments.  Supplier’s failure to comply with the FCPA shall constitute grounds for immediate termination of this Agreement.

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CONFIDENTIAL TREATMENT REQUESTED by Dr Pepper Snapple Group, Inc.

INDEMNIFICATION. 

General Indemnity.  You will indemnify Purchaser, its Affiliates, and related companies against any Claims by Third Parties for  personal injury or property damage, to the extent directly or indirectly arising out of or related to your (i) breach of any term, representation, warranty, condition or agreement of this Agreement, (ii) any of your warranties under this Agreement being incorrect or misleading, (iii) the provision of Goods hereunder or (iv) any act or omission by you or any of your officers, employees, agents or contractors, including without limitation, a violation of the FCPA.

Infringement.   You shall indemnify Purchaser, its Affiliates and related companies from and against any Claims by Third Parties for infringement of the Goods on such Third Party’s Intellectual Property rights  You will further, at your expense, either (1) obtain rights for us to use the applicable Goods as they are intended, (2) make such modifications or replacements so that they are noninfringing, with no material reduction in any feature, functionality or performance and are otherwise approved in writing by us in our sole determination and comply with the Specifications and all other provisions of this Agreement, or, (3) we may terminate the Agreement as to the affected Goods without further obligation.  

Indemnification Procedures.  We will (1) promptly notify you of any Claim, (2) give you a reasonable opportunity to defend and/or settle the Claim at your own expense, and (3) not settle any Claim without your prior written consent.  You must, however, provide us with written assurance of your obligation and ability to pay such Claim (whether through insurance or otherwise).  Each party will assist the other as reasonably requested to properly and adequately defend such Claims.   Our failure or delay in providing prompt notice and assistance will not, however, affect your obligations under this Section, except to the extent you are materially prejudiced thereby.  We may also, at our expense, participate with our own counsel in the settlement or defense of the Claim.

As used in this Indemnification Section:

“Claims” means claims, demands, suits, proceedings, or actions, judgments, decrees, losses, damages, costs, penalties, fines, liabilities or expenses (including court costs, litigation expenses and attorneys’ fees) incurred by or brought or recovered against us . 

“indemnify” means “indemnify, defend and hold harmless”.

“us”, “our”, “we” means and includes Purchaser and its Affiliates, and their respective agents, officers, directors, employees and representatives.

INSURANCE.  You will maintain, at your expense, during the Term and 12 months after, the following insurance: 
		
	▪
	statutory workers' compensation as required by applicable state or provincial Law; 

		
	▪
	Automobile Liability (Bodily Injury and Property Damage Liability) covering all owned, non-owned and hired automobiles with limits of at least $1,000,000 per occurrence; and 

		
	▪
	Commercial General Liability, written on an occurrence basis, with limits of (***) per occurrence (such amount may be from combined CGL and Umbrella/Excess Liability). This insurance must (***), to the extent of the combined single limit of liability set forth above, and to the extent the personal injury or property damage insured by such general liability insurance arises from (***).  

You must provide us with a certificate of insurance evidencing such coverage within ten (10) days of the execution of this Agreement.  We must be notified at least 30 days prior to any cancellation, non-renewal or material change to this coverage.  (***).  Such insurance shall be carried with an insurance carrier with an A.M. Best rating of A- or equivalent.  Such insurance shall not limit or exclude the products, operations or services as performed by Supplier.  If we fail to demand or identify deficiencies in any such certificate or other evidence, it will not waive your obligation to maintain such insurance.  This Section does not limit your indemnity or other obligations in this Agreement, and we do not represent that the insurance and limits required are adequate.  

INTELLECTUAL PROPERTY

The intellectual property belonging to each party at the commencement of this Agreement shall remain the intellectual property of such party and to the extent that any new intellectual property is conceived by the parties during the Term of this Agreement and pursuant to this Agreement, the parties agree to meet and confer to determine ownership and license rights with respect to such intellectual property.

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CONFIDENTIAL TREATMENT REQUESTED by Dr Pepper Snapple Group, Inc.

FURNISHED EQUIPMENT AND MATERIALS. Any equipment or materials we furnish or specifically pay for, for your use in connection with this Agreement, will remain our sole property and must be clearly identified as such.  You may only use such equipment or materials in your performance of this Agreement.  We may remove them upon demand and you must promptly return them to us once this Agreement ends.  You are responsible for all loss or damage (normal wear and tear excepted) and must insure such equipment or materials on a replacement cost basis.  

TERMINATION.

Either party may terminate this Agreement by giving 30 days’ notice to the other party, without limiting any other rights and remedies therein, if any of the following occur:
		
	▪
	The other party breaches any material term, representation, warranty or obligation hereunder, and does not cure such to the terminating party’s reasonable satisfaction within 30 days after notice, or if such breach cannot be cured within such 30 day period, the other party does not commence and diligently pursue such cure within such 30 day period.

		
	▪
	The other party enters Bankruptcy. 

		
	▪
	The other party, or any transaction, transfers (or attempts to, purports to, or in effect does so transfer) any rights or obligations hereunder (or control thereof), except as expressly permitted herein.

		
	▪
	The other party (or its employee, contractor, officer or agent) has engaged in fraud, dishonesty or any other serious misconduct in the performance of this Agreement, in the terminating party’s reasonable opinion.

		
	▪
	Any court, tribunal or government agency requires, directly or indirectly, any modification of this Agreement or either party’s performance hereunder to the terminating party’s detriment.

		
	▪
	Such party elects to terminate under any other provision herein that expressly allows it to do so.

In each case, the terminating party must notify the other party in writing including the date of termination.

Obligation to Cooperate/Transition Period.  Upon expiration of this Agreement or in the event that Purchaser properly gives notice of termination as provided herein, Supplier shall: (i) ensure that all deliverables, Work Product, Confidential Information, whether completed or in progress, and materials and rights arising therefrom that are in possession or control of Supplier or its employees, agents, contractors or subcontractors, are transferred, assigned and made available to Purchaser in a timely manner, and in no event later than (***) from the date of expiration or termination; and (ii) continue to perform under this Agreement and fulfill orders for (***), or a shorter period as Purchaser may request, after the effective date of expiration or termination of this Agreement (the “Transition Period”), so long as the volume requirements during the Transition Period are generally consistent with forecasts issued prior to the notice of breach (or, in the absence of such forecasts, historical requirements for the relevant three (3) month period).  During such Transition Period, Supplier shall continue to be responsible for the obligations set forth in this Agreement, and Purchaser will continue to pay the prices, fees, costs and expenses for Goods produced by Supplier in accordance with this Agreement. For any such fees, costs or expenses for Goods arising from third parties, Supplier shall use reasonable efforts to seek to have such reduced, cancelled or refunded.  To the extent any such approved third party costs, fees and expenses cannot be cancelled, refunded or reduced, Purchaser may require Supplier to transfer, assign or make available to Purchaser, or to authorize Supplier to deliver the Goods and/or provide the related materials to Purchaser.  Monthly or other period-based Fees for Goods will be pro-rated based on the percentage of the period completed upon the effective expiration or termination date.  The unearned pro-rata portion of any prepaid fees or prepaid costs or expenses for Goods refunded to Supplier will be repaid to Purchaser within thirty (30) days after the effective expiration or termination date.  Purchaser will accept delivery of and pay in accordance with the terms of this Agreement for any inventory of Goods produced by Supplier for Purchaser prior to the expiration of the Transition Period.

Effect of Termination.  Upon termination or expiration of this Agreement or a Schedule hereunder or any transition period, without limiting a party’s remedies and damages for breach, neither party will have any further obligation or liability to the other hereunder for future performance hereof, except under those provisions surviving by the terms of this Agreement.

CONFIDENTIALITY.  

General Requirements.  Each party (and its permitted Representatives) must keep the other’s Confidential Information confidential and may not use it except for the purposes of this Agreement (the "Permitted Use") nor copy, reproduce, distribute or disclose it, or allow access to it, to any third party in any manner.   In protecting the other party’s Confidential Information from unauthorized access, the parties must use a level of care and effort that is, at minimum, equal to that (1) it uses to protect its own similar information, and (2)  in any event, a reasonable degree of care and effort.

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CONFIDENTIAL TREATMENT REQUESTED by Dr Pepper Snapple Group, Inc.

Representatives.  A party may disclose and allow access to Confidential Information to its Representatives in a secure manner, but only if the Representative needs to know that Confidential Information for the Permitted Use; and is advised of, and agrees in writing to be bound by, this Agreement’s terms.  The party will, however, remain responsible for any breach of this Agreement or unauthorized disclosure by its Representatives.

Exceptions.  These restrictions will not apply to Confidential Information to the extent it is:
•specifically consented to be disclosed or otherwise by the owning party in writing;
•in the public domain without the receiving party’s or its Representatives’ fault, action or omission;
•rightfully obtained on a non-confidential basis before disclosure hereunder;  
•rightfully obtained on a non-confidential basis from a third party without, to the receiving party’s knowledge, the third party violating any obligation to the owning party; or 
•required to be disclosed by law or court order; provided that the party must:
•Promptly notify the owning party in writing; 
•Cooperate in the owning party seeking a protective order, confidential treatment or other appropriate
remedy; and
•Furnish only the legally required portion of the Confidential Information. 

Remedies.  Each party agrees that if it breaches this Confidentiality Section, the other party would be irreparably and immediately harmed and monetary damages would not be an adequate remedy.  Therefore, the harmed party will be entitled to seek injunctive relief and/or to compel specific performance to enforce the obligations set forth herein.  This is in addition to damages and any other remedy that party may be entitled to under law or equity.  The breaching party will reimburse the other for all costs and expenses, including reasonable attorney’s’ fees, it incurs in enforcing the breaching party’s obligations hereunder.

Return of Confidential Information.  Upon request, each party will promptly return (or destroy with the other party’s consent) all copies of the other’s Confidential Information in its possession or control.  However, returning and/or destroying said Confidential Information will not relieve a party’s obligations under this Confidentiality Section.

Definitions.  

“Confidential Information” means any and all:
		
	•
	Of a party’s (and its Affiliates’) materials and information furnished to or accessed by the other party (or its Representatives) in connection with this Agreement (including, formulae, methods, know how, processes, designs, functional specifications and customer, product, employee, supplier, marketing, sales, financial, pricing, and other information concerning  business operations, practices, activities and other information) identified as, or by its nature and content should reasonably be understood as, confidential or proprietary;

		
	•
	analyses, compilations, data or other documents that either party or its Representatives prepare that contain or are based upon any Confidential Information; and

		
	•
	terms of this Agreement. 

    (in each case, whether furnished, accessed or prepared before or after this Agreement).

"Representatives" means an entity’s directors, officers, employees, agents or representatives with a need to know (including attorneys, accountants, consultants and financial advisors).

Use of Name.  You may not use our name for your own advertising or other purposes without our prior review of and written consent to such use.  If we consent to such use, you may use such only in accordance with the approved manner and we may revoke such consent for any reason upon written notice to you for any continued use.  

CONFLICT OF INTEREST. Neither party’s employees may receive or provide any gift (monetary or not) from or to any source (whether the party, its Affiliates or its employees) in connection with this Agreement.  Any question concerning acceptable conduct of either party’s employees should be brought to the attention of the President of each party.
ADDITIONAL TERMS.  Any additional terms specified in the Schedule will apply to this Agreement and be specifically incorporated herein.

FURTHER ASSURANCES.  Each party will take, or cause to be taken, any other action that may be reasonably necessary to effect the transactions contemplated by this Agreement.

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CONFIDENTIAL TREATMENT REQUESTED by Dr Pepper Snapple Group, Inc.

MISCELLANEOUS. With respect to this Agreement:
		
	•
	Assignment/Change in Control.  Neither party may assign, transfer or delegate any of its rights or duties without the other party’s prior written consent, except that any Purchaser may assign or transfer this Agreement or any of its rights hereunder to any of its Affiliates or to any successor by merger or acquisition or any purchaser of all or substantially all of its stock or assets.  Supplier must provide notice to Purchaser prior to (1) transferring or selling its stock or any other assets related to this Agreement to a third party, or (2) effecting a change in the majority of its management board.  (***).   

		
	•
	Binding Agreement.  The parties and their successors and permitted assigns will be bound and benefited.  

		
	•
	Third Party Beneficiaries.  No one will be a third party beneficiary (except as the Indemnification Section provides).

		
	•
	Entire Agreement.  The terms of this Agreement shall be deemed accepted by Supplier at Supplier’s written agreement to be bound by these terms.  This Agreement, the Schedules and any other documents expressly incorporated by reference constitute the parties’ entire understanding on these matters and supersede any prior understanding or agreement.  To the extent of conflict, the provisions of the following documents will control in the following order: the Schedules, these Terms of Business and any other document (including any invoice, billing statement, confirmation, receipt, bill of lading or other similar document relating to any Goods rendered hereunder, subject to the “Ordering” section above).  This Agreement and all provisions herein may not be waived, released, discharged, abandoned, or modified in any manner except by a subsequent written instrument duly executed by the parties hereto.

		
	•
	Titles and Headings. Titles and headings to sections herein are inserted for the convenience of reference only and are not intended to be a part of or to affect the meaning or interpretation of this Agreement.  

		
	•
	Definitions.

General:  The word “including” (in its various forms) means “including without limitation.”  Unless otherwise specifically indicated, the symbol “$” refers to dollars of the United States of America. 
“Affiliate” means an entity that, directly or indirectly, owns or controls, is owned or is controlled by, or is under common ownership or control with another person or entity.  As used herein, “control” means the power to direct the management or affairs of any entity, and “ownership” means the beneficial ownership of 50% or more of the voting equity securities or other equivalent voting interests of the entity. 
“Bankruptcy” means an entity (1) makes an assignment for the benefit of creditors; (2) files a voluntary petition in bankruptcy; (3) is adjudicated a bankrupt or insolvent; files any petition or answer seeking reorganization, arrangement, liquidation or similar relief; (4) or files an answer admitting the material allegations of a petition against it for any such relief; (5) dissolves, or ceases to do business; or (6) has any proceeding against it seeking reorganization, arrangement, liquidation, or similar relief not dismissed within 60 days after it begins.
“Intellectual Property” means any and all right, title, and interest in and to any and all intellectual property, proprietary and other related rights (including, but not limited to, inventions, work of authorship, patent applications, patents, trade secrets, copyrights, trademarks, trade dress and designs, industrial designs, domain names), whether registered or unregistered  (also including, where applicable, rights to enforce violations of rights of publicity or privacy and rights against piracy, plagiarism, libel, slander, defamation, unfair competition, idea misappropriation or breach of any confidentiality obligation or other contractual rights).
“Laws” means all applicable laws of the jurisdiction in which Purchaser is located or is otherwise subject including all federal, state, provincial, municipal and local laws, statutes, legislation, regulations, rules and codes. 
		
	•
	Expenses.  Except as otherwise stated, the parties will bear their own costs and expenses.  

		
	•
	Applicable Law. The laws of New York will govern construction, interpretation and enforcement of this Agreement, without regard to principles of conflict or choice of law provisions.  Each party consents to personal jurisdiction and venue in New York or Delaware federal or Delaware state courts.

		
	•
	Controlling Language.  This Agreement, the Schedules and any other documents expressly incorporated by reference shall be written and construed in the English language.  In the event of a discrepancy between the English language version of the Agreement, the Schedules and any translated versions thereof, the English language version shall govern.

		
	•
	Notices.  Notices must be in writing and either (1) hand-delivered, or sent by (2) prepaid certified mail (return receipt requested), (3) nationwide overnight courier or (4) confirmed facsimile transmission, to the attention of the officer signing the Schedule in accordance with the address and facsimile information provided on the signature page herein.  Notices will be effective upon receipt. 

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CONFIDENTIAL TREATMENT REQUESTED by Dr Pepper Snapple Group, Inc.

		
	•
	Parties’ Relationship.  The parties are independent contractors, and shall not be deemed an agent, partner, co-employer, joint employer or employee of the other.  Neither party has any right or any other authority to enter into any contract or undertaking in the name of or for the account of the other or to assume or create any obligation of any kind, express or implied, on behalf of the other, nor will the acts or omissions of either party hereto create any liability for the other.  Supplier shall have exclusive control and direction of Supplier’s employees engaged in performance hereunder.  Supplier assumes full responsibility for the payment of local, state, provincial and federal payroll taxes or contributions or taxes for unemployment insurance, old age pensions, worker’s compensation, or other Social Security and related protection with respect to Supplier’s employees engaged in the performance hereunder and agrees to comply with applicable rules and regulations promulgated under such laws.

		
	•
	Severability.  If any one or more of the provisions contained in this Agreement, in whole or in part, is for any reason held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect the validity of any remaining provision or portion thereof, and this Agreement shall be construed as if such invalid, illegal or unenforceable provision had not been contained herein.

		
	•
	Survival.  The following provisions shall survive the termination or expiration of this Agreement: Warranties, Indemnification, Insurance, Intellectual Property, Confidentiality and any other provision of this Agreement or obligation of a party which expressly or by its nature or context arises at, or is intended to continue beyond termination or expiration, will so survive. 

		
	•
	Setoff.   Each party may set off any amount owed to it by the other party against any amount it owes to the other party under this Agreement.  The right to set off shall not apply to the obligations of any Affiliates of the parties herein.  

		
	•
	Cumulative Remedies.  Except where specifically stated otherwise, a party’s rights and remedies under this Agreement or at law or in equity are, to the extent permitted by law, cumulative and not exclusive of any other right or remedy now or hereafter available under this Agreement or at law or in equity.  Neither asserting a right nor employing a remedy shall preclude the concurrent assertion of any other right or employment of any other remedy.  

		
	•
	Waiver. The delay in or failure of any party hereto to enforce at any time any of the provisions of this Agreement shall in no way be construed to be a waiver of any such provision, or in any way to affect the validity of this Agreement or any part thereof or the right of any party thereafter to enforce each and every such provision.  No waiver of any breach of this Agreement shall be held to be a waiver of any other or subsequent breach.    

		
	•
	Counterparts.  This Agreement may be executed in multiple counterparts, each of which will be deemed an original, but all of which will constitute one and the same Agreement.  Signature pages from any counterpart may be appended to any other counterpart to assemble fully executed counterparts.  Counterparts of this Agreement also may be exchanged via fax, and a faxed signature will be deemed an original for all purposes.

		
	•
	UN Convention on the International Sale of Goods.  The United Nations Convention on Contracts for the International Sale of Goods is specifically excluded from application to this Agreement. 

		
	•
	LIMITATION OF LIABILITY.  NEITHER PARTY SHALL BE LIABLE TO THE OTHER PARTY FOR ANY INDIRECT, SPECIAL, PUNITIVE, INCIDENTAL OR CONSEQUENTIAL DAMAGES UNDER THIS AGREEMENT, EXCEPT WITH RESPECT TO THIRD PARTY CLAIMS IN ACCORDANCE WITH THE INDEMNIFICATION HEREIN.  

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Each party hereby agrees to the above by having a duly authorized officer sign below and returning an executed copy to the other via facsimile at the below fax number.

                
	
		
	ACCEPTED AND AGREED:

Purchaser(s):

The American Bottling Company
Mott’s LLP

(Purchaser Name)

By: /s/ Derry Hobson
Name:  Derry Hobson
Title: EVP Supply Chain
Date: 7-22-2013

Address for Legal Notices:
Dr Pepper Snapple Group, Inc.
55 Hunter Lane
Elmsford, NY 10523
Fax: 914-846-2368
Attn: Lisa M. Dalfonso, VP Assistant General Counsel

Address for Business Notices:
Dr Pepper Snapple Group, Inc.   
5301 Legacy Drive
Plano, TX75024
Fax:  972-673-6922
Attn:  Jason Miller, VP Supply Chain Procurement

	ACCEPTED AND AGREED:

Supplier:

CROWN Cork & Seal USA, Inc.
(Supplier Name)   

By: /s/Timothy J. Lorge
Name: Timothy J. Lorge
Title: VP of Sales & Marketing
Date:7-19-2013

Address for Legal Notices:
CROWN Cork & Seal USA, Inc.
One Crown Way
Philadelphia, PA19154-4599
Fax: 215-698-6061
Attn: General Counsel

Address for Business Notices:
CROWN Cork & Seal USA, Inc.
One Crown Way
Philadelphia, PA19154-4599
Fax: 215-856-5568
Attn: Timothy Lorge, VP Sales and Marketing, Crown Beverage Packaging USA

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CONFIDENTIAL TREATMENT REQUESTED by Dr Pepper Snapple Group, Inc.

Exhibit B
Goods, Prices and Delivery Locations
Below Pricing is based on aluminum price of (***) (ingot (***) + (***))
	
												
	Can Size
	Ship To
	Ship Form Plants
	(***)
lbs/mea
	(***)
lbs/mea
	Aluminum
Costs ($/MEA)
	Conversion
Cost ($/MEA)
	Exworks       Price ($/MEA)
	Freight ($/MEA)
	Delivered Price ($/MEA)
	(***)
Baseline Fuel Surcharg ($/mile)
	(***)
Baseline Fuel Surcharge ($/TH)

	8 oz.
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	8 oz.
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	8 oz.
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	8 oz.
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	8 oz.
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	12 oz.
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	12 oz.
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	12 oz.
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	12 oz.
	(***)
	(***)
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	(***)
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	(***)
	(***)

	12 oz.
	(***)
	(***)
	(***)
	(***)
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	(***)

	12 oz.
	(***)
	(***)
	(***)
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	(***)
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	(***)
	(***)
	(***)
	(***)

	12 oz.
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
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	(***)
	(***)
	(***)
	(***)

	12 oz.
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	12 oz.
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	12 oz.
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	12 oz.
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	12 oz.
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
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	(***)
	(***)
	(***)

	12 oz.
	(***)
	(***)
	(***)
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	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	12 oz.
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	16 oz.
	(***)
	(***)
	(***)
	(***)
	(***)
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	(***)
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	(***)

	16 oz.
	(***)
	(***)
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	(***)
	(***)

	16 oz.
	(***)
	(***)
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	(***)

	16 oz.
	(***)
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	(***)

	16 oz.
	(***)
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	(***)

	16 oz.
	(***)
	(***)
	(***)
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	(***)
	(***)
	(***)
	(***)
	(***)

	16 oz.
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	202 SEnd
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	202 SEnd
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
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	(***)
	(***)
	(***)

	202 SEnd
	(***)
	(***)
	(***)
	(***)
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	(***)
	(***)
	(***)

	202 SEnd
	(***)
	(***)
	(***)
	(***)
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	(***)
	(***)
	(***)

	202 SEnd
	(***)
	(***)
	(***)
	(***)
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	(***)

	202 SEnd
	(***)
	(***)
	(***)
	(***)
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	(***)

	202 SEnd
	(***)
	(***)
	(***)
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	(***)
	(***)

	202 SEnd
	(***)
	(***)
	(***)
	(***)
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	(***)

	202 SEnd
	(***)
	(***)
	(***)
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	(***)

	202 SEnd
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	202 SEnd
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	202 LOE
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	202 LOE
	(***)
	(***)
	(***)
	(***)
	(***)
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	(***)
	(***)
	(***)

	202 LOE
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

Exhibit C: 
Specifications/Drawings

DPS-GPS301:Dr Pepper Snapple Group Packaging Performance Specifications (aluminum beverage cans)
DPS-GPS302 : Dr Pepper Snapple Group Packaging Performance Specification (aluminum beverage ends)
DPS–6EP004 : Dr Pepper Snapple Group Packaging Performance Specification – Environmental Policy
DPS - GBS10 : Dr Pepper Snapple Group Packaging Performance Specification – Biological Safety of All Materials
Crown-BB-CPS-16A4DP:Crown 16oz can drawings
Crown-BB-CPS-112-A5DP: Crown 12oz can drawings
BB-CPS-8-A1DP : 202/211x307 - Crown 8oz can drawing
BZ-CPS-202-A2DP: 202 Dia Crown Large Opening End (LOE) drawing
BZ-CPS-202-A4DP: 202 Dia Crown SuperEnd SP Aluminum End
BZ-CPS-202-A1DP: 202 Dia Crown SuperEnd – Reduced Retained Tab

Exhibit D 
Fuel Surcharge

	
								
	FSC example

	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	Date
	U.S No 2 Diesel Retail Sales by All Sellers 
(Cents per Gallon)
	(***)
(cents)
	(***) (cents)
	(***)
(cents)
	(***)
(cents)
	FSC per mile (cents)

	Jun-2012
	375.9
	

	 
	 
	 
	 
	 

	Jul-2012
	372.1
	

	 
	 
	 
	 
	 

	Aug-2012
	398.3
	

	 
	 
	 
	 
	 

	Sept-2012
	410.2
	

	 
	 
	 
	 
	 

	Oct-2012
	409.4
	

	 
	 
	 
	 
	 

	Nov-2012
	400
	

	(***)
	(***)
	(***)
	(***)
	(***)

	Dec-2012
	396.1
	

	(***)
	(***)
	(***)
	(***)
	(***)

	Jan-2012
	390.9
	

	(***)
	(***)
	(***)
	(***)
	(***)

	Feb-2012
	411.1
	

	(***)
	(***)
	(***)
	(***)
	(***)

	Mar-2012
	406.8
	

	(***)
	(***)
	(***)
	(***)
	(***)

	Apr-2012
	393
	

	(***)
	(***)
	(***)
	(***)
	(***)

	 
	 
	 
	 
	 
	 
	 

	Notes
	 
	 
	 
	 
	 
	 

	(***)
	 
	 
	 
	 
	 
	 

	(***)
	 
	 
	 
	 
	 
	 

	(***)
	 
	 
	 
	 
	 
	 

	(***)
	 
	 
	 
	 
	 
	 

	(***)
	 
	 
	 
	 
	 
	 

	Web page reference for diesel fuel (Department of Energy).  http.//www.eia.gov/dnav/pet/pet_pri_dcus_nus_m.htm

Exhibit D 
Freight Fuel Surcharge
	
															
	 
	Breakdown on can size, weighted average for FSC
	 
	EXAMPLE: FSC pass-thru mechanish

	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	Size
	Plant Name
	Annual Volume Reference (unit)
	(***)
	(***)
	No of Loads/ Year
	(***)
	 
	(***)
FSC
(***)
	(***)
FSC
(***)
	(***)
FSC
(***)
	July 1, 2013 FSC
(***)
	July, 2013 FSC (***)
	July 1, 2013 FSC (***)
	July 1, 2013 Increase of 
(***)

	12oz
	(***)
	(***)
	(***)
	(***)
	(***)
	 
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
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	(***)

	(***)
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	(***)
	(***)
	(***)
	 
	(***)
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	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
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	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
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	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
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	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
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	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
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	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
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	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
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	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
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	(***)
	(***)
	(***)

	12oz Total
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	16oz
	(***)
	(***)
	(***)
	(***)
	(***)
	 
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
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	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
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	(***)
	(***)

	16oz Total
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	8oz
	(***)
	(***)
	(***)
	(***)
	(***)
	 
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
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	(***)
	(***)
	(***)

	8oz Total
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	Grand Total
	 
	(***)
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	LOE
	(***)
	(***)
	(***)
	(***)
	(***)
	 
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	LOE Total
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	SuperEnd
	(***)
	(***)
	(***)
	(***)
	(***)
	 
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	SuperEnd Total
	(***)
	(***)
	(***)
	(***)
	(***)
	 
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

Exhibit E
Current CPU rate and Supplier’s locations
	
							
	2013 CPU Schedule – 12oz cans & ends

	Purchaser
Location
	CCK
Plant
	CCK
Warehouse
	12oz can –
Shipping from
Crown plant
	12oz can –
Shipping from Crown
warehouse
	End –
Shipping
From Crown
plant
	End –
Shipping
From Crown
warehouse

	(***)
	(***)
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	(***)
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	(***)
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	(***)
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	(***)
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	(***)
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	(***)
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	(***)
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	(***)
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	(***)
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	(***)
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	(***)
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	(***)
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	(***)
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	(***)
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	(***)
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	(***)
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	(***)
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	(***)
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	(***)

	(***)
	(***)
	(***)
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	(***)
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	(***)
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	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	
						
	2013 CPU Schedule 8oz cans & 16oz cans

	Purchaser
Location
	CCK
Plant
	CCK
Warehouse
	Items
	From
Crown
plant
	From
Crown
warehouse

	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
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	(***)
	(***)

	(***)
	(***)
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	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

Exhibit E
Current CPU rate and Supplier’s locations

	
						
	Crown's Current Can Supply

	 
	 
	 
	 
	 
	 

	DPSG Locations
	12oz Plant
	12oz Warehouse
	12oz Backup
	8oz Plant
	16oz Plant

	 
	 
	 
	 
	 
	 

	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
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	(***)
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	(***)
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	(***)
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	(***)
	(***)
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	(***)
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	(***)
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	(***)
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	(***)

	(***)
	(***)
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	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

	(***)
	(***)
	(***)
	(***)
	(***)
	(***)

Exhibit F
Lead Time and Minimum Run Quantity

	
						
	 
	Lead Time (days)
	 
	 

	Material Size
	A Item
	B Item
	C Item
	Pallet Quantity (unit)
	Truckload Quantity (unit)

	8oz
	 
	 
	(***)
	(***)
	(***)

	12oz
	(***)
	(***)
	(***)
	(***)
	(***)

	16oz
	 
	 
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	SuperEnd
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	LOE
	 
	 
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	Minimum run units are based on agreement between Supplier and Purchaser. Purchaser shall order mixed loads based on pallet quantities in order to fill a truckload. 
The truckload quantity and pallet quantity may vary for each plant or product due to weight restrictions, numbers of pallets per truckload etc.

	 

Exhibit G
End Incising Table
	
								
	Purchaser's Plant
	 
	HI & ME 5¢,
CA CRV
	HI & ME 5¢, CA CRV,
WVA
	VT, ME, NY, IA, MA, CT 
5¢, and WVA
	IA, MA, ME, OR, VT, NY,
CT, 5¢, MI 10¢, CA CRV
	IA, MA, ME, OR, VT, NY,
CT, HI, 5¢, MI 10¢, CA CRV
	IA, MA, ME, OR, VT, NY,
CT, HI, 5¢, MI 10¢, CA CRV,
WVA,

	Incision
	Plain
	3-state
	4-state
	7-state
	9-state
	10-state
	11-state

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21 of 28
CONFIDENTIAL TREATMENT REQUESTED by Dr Pepper Snapple Group, Inc.DPS-EX10.32_12.31.13

Exhibit 10.32

AGREEMENT
This AGREEMENT (the "Agreement") is made and entered into as of the 15th day of October, 2007, by and between CBI Holdings Inc. and Derry Hobson ("Executive").
WITNESSETH:
WHEREAS, Executive is employed as an officer of CBI Holdings Inc. or its subsidiaries (collectively "CBI") and is devoting Executive's ability, time, effort and energy to the affairs of CBI; and
WHEREAS, CBI considers the continuance of a sound and vital management to be essential to protecting and enhancing the best interests of CBI and its shareholders; and
WHEREAS, CBI desires to assure itself of retaining the services of Executive and to reward Executive for Executive's valuable, dedicated service to CBI; 
WHEREAS, CBI and Executive are parties to an employment agreement dated as of January 1, 2007, (the "Prior Agreement"); and
WHEREAS, the parties desire to amend and restate the Prior Agreement, generally effective as of October 15, 2007.
NOW, THEREFORE, in consideration of the premises and the mutual promises herein contained, the parties hereto covenant and agree as follows:
1.DEFINITIONS.
The following terms, as used herein, have the following meaning:    
(a)    AIP.  "AIP" shall mean the annual incentive plan in which Executive is entitled to participate, as such plan is in effect from time to time.  References herein to Executive's "Target AIP" shall mean Executive's target annual bonus opportunity at such time; provided, however, that if at such time Executive's target annual bonus opportunity 

1

under the AIP has not yet been set for the then current year, the target annual bonus opportunity in effect for Executive under the AIP for the immediately preceding year shall be used as the Executive's target annual bonus opportunity.  If Executive has been promoted to a band in CBI's salary structure having a minimum higher target annual bonus opportunity under the AIP, but has not yet had his/her target annual bonus opportunity increased to the minimum target annual bonus opportunity applying to others at that band, such increased target annual bonus opportunity nonetheless shall be used to calculate the Executive's Target AIP hereunder.
(b)    Cause.  Termination for "Cause" shall mean termination by CBI of Executive's employment for Executive's:
(i)    willful failure to substantially perform Executive's duties with CBI;
(ii)    breach of Executive's duty of loyalty toward CBI;
(iii)    commission of an act of dishonesty toward CBI, theft of CBI's corporate property, or usurpation of CBI's corporate opportunities;
(iv)    unethical business conduct including any violation of law connected with Executive's employment at CBI; or 
(v)    conviction of any felony involving dishonest or immoral conduct. 
For purposes of this Section 1(b), an act or failure to act by Executive shall be considered "willful" only if Executive's conduct was not in good faith and Executive lacked a reasonable belief that Executive's act or omission was in the best interests of CBI.

2

(c)    Code.  "Code" shall mean the United States Internal Revenue Code of 1986, as amended.
(d)    Competitor.  For purposes of this Agreement, "Competitor" means an individual, partnership, firm, corporation or other business organization or entity that materially competes with a significant business owned or operated by CBI, its parent companies, or affiliates as of the Date of Termination, the names of which shall be made available to Executive at the time of Executive’s separation from the CBI and upon reasonable request.  As of the date of this Agreement, the definition of a Competitor includes, but is not limited to, the following businesses: The Coca-Cola Company, PepsiCo, Inc., Nestlé S.A., Kraft Foods Inc., Hershey Foods Corporation, Ferrero SpA, Mars, Incorporated, Groupe Danone S.A., and Wm. Wrigley Jr. Company.  The list of companies set out above or provided to Executive shall be deemed to include all direct and indirect subsidiaries and divisions of these companies.  
(e)    Date of Termination.  "Date of Termination" shall mean the date Executive's employment with CBI is terminated.
(f)    Disability or Disabled.  "Disability" or "Disabled" shall mean Executive's inability, because of incapacity due to physical or mental illness or injury and notwithstanding reasonable accommodation, to perform the essential functions of Executive's position with CBI on a full-time basis for at least six consecutive months.
(g)    Equity Incentive Plans.  "Equity Incentive Plans" shall mean any stock option, stock purchase or other stock incentive plan maintained by CBI Holdings Inc. or any parent or affiliated company.

3

(h)    Good Reason.  Termination for "Good Reason" shall mean a termination by Executive of Executive's employment with CBI for any of the following reasons:
(i)    CBI's failure to perform any of its material obligations under this Agreement; 
(ii)    unless otherwise agreed or waived, notice of a proposed relocation by CBI of Executive's principal place of employment to a site outside a fifty (50) mile radius of the current site of Executive's principal place of employment; or
(iii)    the failure by a successor in interest to CBI to expressly assume CBI's obligations under this Agreement.
A termination by Executive for Good Reason may not occur unless the Executive has given notice to CBI within 90 days of Executive's knowledge of the initial existence of a condition described in clauses (i) through (iii) above, and CBI shall have a period of at least thirty (30) days (the "Correction Period") during which it may remedy the condition.  If CBI remedies the condition within the Correction Period, Executive may not terminate for that Good Reason event.
A termination for "Good Reason" may occur only within thirty (30) days following the expiration of the Correction Period.
(i)    Notice of Termination.  "Notice of Termination" shall mean a notice that (i) indicates the specific termination provisions in this Agreement relied upon, (ii) sets forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Executive's employment under the provisions so indicated, and (iii) is given in conformity with the provisions of Section 12 of this Agreement.

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(j)    Qualified Pension Plan.  "Qualified Pension Plan" shall mean each pension plan adopted by CBI Holdings Inc., as such plan may be in effect from time to time, in which Executive is eligible to participate and which is intended to be qualified under Section 401(a) of the Code.
(k)    Nonqualified Pension Plan.  "Nonqualified Pension Plan" shall mean each pension plan adopted by CBI Holdings Inc., as such plan may be in effect from time to time, in which Executive is eligible to participate, but only to the extent such plan is designed to provide benefits which would otherwise be provided in the Qualified Pension Plan but for the limitations of the Code.
(l)    Pension Plans.  "Pension Plans" shall mean, collectively, the Qualified Pension Plans and the Nonqualified Pension Plans.
(m)    Without Cause.  Termination "Without Cause" shall mean a termination by CBI of Executive's employment for any reason other than death, Disability, or Cause.
2.    TERM. 
The term of this Agreement shall commence on the date first set forth above, and shall continue thereafter for a period of ten (10) years, at which time it shall expire unless sooner terminated in accordance with the provisions of this Agreement or by mutual written agreement of the parties on such terms and conditions as such written agreement may specify.  
3.    POSITION AND DUTIES. 
(a)    Executive shall serve in such executive capacity as CBI may determine from time to time and with such authority, duties and responsibilities as are commensurate with such position and as are typically performed by executives holding such position in business organizations of a size and nature similar to that of CBI, and 

5

shall perform such other services for CBI and its affiliated companies as may be assigned to Executive from time to time by the Board of Directors of CBI and as are consistent with the position of an executive officer. 
(b)    Executive shall devote substantially all of Executive's business time and attention to the business and affairs of CBI and shall perform the duties set forth herein faithfully and diligently and to the best of Executive's ability, experience and talents, acting solely in the best interest of CBI and subject to the lawful direction of the Board of Directors of CBI.  Executive agrees to abide by all Bylaws, policies, practices, procedures and rules of CBI.  During the term of this Agreement, Executive agrees not to be employed by or perform services for any other person, business or organization without the prior written consent of the Board of Directors of CBI; provided, however, (1)  that nothing in this Section 3(b) shall prevent Executive from devoting a reasonable amount of time to charitable, municipal or public service work or service on the boards of directors of other companies so long as such work and service does not interfere with Executive's employment pursuant to this Agreement or otherwise violate any term or provision of this Agreement and (2)  that service on the board of directors of another company requires approval in writing in advance from the Chairman and Chief Executive Officer of Cadbury Schweppes plc or its successor.  
4.    COMPENSATION.
As full compensation to Executive for the performance of the services hereunder and for Executive's acceptance of the responsibilities described herein, CBI agrees to pay Executive and Executive agrees to accept the following salary and other benefits during the term of this Agreement and any extension hereof.

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(a)    Base Salary.  CBI shall pay Executive a base salary at an annualized rate equal to Executive's current base salary as of the date hereof or at such higher rate as the Compensation Committee or Board of Directors of CBI may from time to time determine at their sole discretion, payable in accordance with the standard payroll practices of CBI.  The base salary shall be subject to all applicable withholding and other taxes that Executive is obligated to pay or that CBI may be required by law to withhold from time to time.
(b)    Compensation and Benefit Programs.  Executive shall be entitled to participate in all employee compensation and benefit plans, programs and practices of CBI or CBI's parents or affiliates now or hereafter made generally available to CBI's senior executives, as such programs may be in effect from time to time, including incentive compensation, equity compensation, health, welfare and retirement arrangements.
(c)     Expenses.  Executive shall be entitled to receive proper reimbursement by CBI for all reasonable, out-of-pocket expenses incurred by Executive (in accordance with the policies and procedures established by CBI for its senior executives) in performing services under this Agreement, provided Executive submits reasonable documentation for such expenses.
5.    TERMINATION.
Subject to the provisions of Section 6, employment pursuant to the terms of this Agreement shall terminate upon the occurrence of any of the following events:
(a)    expiration of term;
(b)    written Notice of Termination by CBI;  

7

(c)    written Notice of Termination by Executive;
(d)    Executive's death;
(e)    Executive's Disability.
6.    COMPENSATION UPON TERMINATION OF EMPLOYMENT.
The following will apply upon termination of employment pursuant to the terms of this Agreement.
(a)    Termination Upon Expiration of Term.  In the event this Agreement expires at the end of the term hereof in accordance with Section 2 and Executive's employment is terminated by CBI on or after such expiration and termination, Executive shall be entitled to receive the base salary, benefits and AIP owing to Executive as of the Date of Termination, in accordance with the applicable terms and provisions of the employee benefit plans, the AIP and CBI's policies and practices.  Executive's rights under Equity Incentive Plans and any other similar plans in which Executive is a participant shall be governed by the terms and conditions of the Equity Incentive Plans and such other plans (respectively), copies of which have been or will be made available to Executive.  CBI shall have no further obligations to Executive under this Agreement.
(b)    Termination for Cause or Not for Good Reason.  If during the term of this Agreement, Executive's employment is terminated for Cause or if Executive effects termination other than for Good Reason, CBI shall pay Executive his or her full salary through the effective date of such termination at the rate in effect on the date CBI or Executive, as the case may be, notifies the other party of such termination, and CBI shall have no further obligations to Executive under this Agreement.  In the event of such 

8

termination, Executive shall not be entitled to receive any payment under the AIP for the year in which Executive's Date of Termination occurs or any later year.
(c)    Termination Without Cause or for Good Reason.  If CBI shall terminate Executive's employment Without Cause during the term of this Agreement, or if Executive shall terminate Executive's employment for Good Reason during the term of this Agreement, then Executive shall be entitled to receive the base salary, benefits and AIP owing to Executive as of the Date of Termination, in accordance with the applicable terms and provisions of the employee benefit plans in which Executive is a Participant, the AIP and CBI's policies and practices.  CBI shall have no further obligations to Executive under this Agreement; provided, however, that, subject to the satisfaction of the conditions in Sections 6(f) and 6(g) hereof, and provided that Executive complies with the covenants of non-disclosure, non-solicitation and non-competition contained in Sections 14 and 15 of this Agreement, Executive shall be entitled to the payments and benefits specified in this Section 6(c).  In the event of a breach by Executive of any of his obligations pursuant to Sections 14 or 15, CBI's payment obligations pursuant to this Section 6(c) shall cease immediately as of the date of such breach, and CBI shall have no further obligations to Executive under this Agreement.
(i)    Salary.  CBI shall pay to Executive an amount equal to nine (9) months of Executive's annual base salary.  Such amount shall be paid in a lump sum within thirty (30) days of the Date of Termination.
(ii)    AIP.  CBI shall pay to Executive an amount equal to three-quarters (3/4) of Executive's Target AIP award, as defined in Section 1(a).  Such amount shall be paid in a lump sum within thirty (30) days of the Date of Termination.  

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CBI shall also pay to Executive his pro rata portion of his actual AIP award under the AIP for the year in which the Date of Termination occurs.  Such payment shall be calculated in accordance with the AIP.  Such pro rata amount shall be paid to Executive by CBI in a lump sum within two and one-half months following the end of the year in which the Date of Termination shall have occurred.  The payments under this Section 6(c)(ii) shall be made in lieu of any and all payments otherwise due under the AIP for the year in which Executive's Date of Termination occurs or any later year.  In addition to the foregoing, CBI shall pay Executive any accrued award Executive may have earned under the AIP for any CBI fiscal year prior to the Date of Termination which has not been paid.
(iii)    Continuation Payments.  Subject to offset as provided in the last sentence of this Section 6(c)(iii), CBI shall pay Executive an amount equal to the aggregate of nine (9) months of Executive's annual base salary plus three-quarters (3/4) of Executive's Target AIP, as defined in Section 1(a), in effect on the Date of Termination.  Such amount will be paid ratably by CBI to Executive within the regular payroll cycles during the nine (9) month period following the Date of Termination, unless such amount exceeds an amount ("Unrestricted Amount") equal to two times the lesser of (A) the Executive's annual compensation based on the annual rate of pay from CBI for the calendar year preceding the calendar year of the Date of Termination (adjusted for any increase in such annual rate of pay during the calendar year of the Date of Termination that was expected to continue indefinitely if the Executive had not terminated employment) and (B) the maximum amount that can be taken into account under a qualified plan pursuant 

10

to Section 401(a)(17) of the Code.  If the amount exceeds the Unrestricted Amount, then no more than the Unrestricted Amount may be paid in the six months following the Executive's Date of Termination and the monthly pro rata payments shall be reduced to comply with this limitation.  If the monthly payments are reduced to comply with such limitation, any amount not paid in the initial six months following the Date of Termination shall be paid in a lump sum six months and two days after the Date of Termination and thereafter the ratable payments shall continue through the remainder of the nine (9) month period following the Date of Termination.  If Executive secures full time employment within such nine (9) month period, then commencing on the date of such new employment, the payments under this Section 6(c)(iii) shall be offset by the base salary Executive earns from such new employer and the target annual bonus or other cash bonus established for Executive by such new employer, in each case pro‐rated to reflect the amount of such new base salary and bonus which is allocable to the remainder of such nine (9) month period, calculated by multiplying such award by a fraction, the numerator of which is the number of weeks commencing on the date of new employment through the end of such nine (9) month period, and the denominator of which is 52.
(iv)    Benefit Plans.  CBI shall continue Executive's participation in the medical, dental and vision plans of CBI (or shall provide equivalent benefits) for a period of nine (9) months following the Date of Termination at the same rates as an active employee or, if earlier, the commencement of equivalent benefits by Executive's new employer; provided that if Executive shall die before the 

11

expiration of the period during which CBI would be required to continue Executive's participation in such plans, the participation of Executive's surviving spouse and family in such plans shall continue throughout such period at the same rates as an active employee to Executive's surviving spouse and family.  Executive's participation in CBI's life and disability plans and Executive's travel accident insurance under CBI's group plan shall terminate on the Date of Termination.  Following termination of coverage under any CBI benefit plan, Executive may continue coverage at Executive's own expense if permitted by the terms of the applicable plan.  At Executive's option, Executive may continue medical coverage under COBRA at Executive's own expense for the maximum period provided by COBRA, calculated from the Date of Termination, unless otherwise provided by law.  Within sixty (60) days of the Date of Termination, Executive may, at Executive's option, surrender Executive's CBI company car or purchase such vehicle at a price equal to the greater of (i) 100% of its wholesale value, or (ii) the remaining lease payments; provided, that the price shall, in no event, be less than fair market value as of the Date of Termination of the company car as determined in good faith by CBI.  Executive's participation in CBI's Employee Services Allowance ("ESA") shall end on the Date of Termination, and no ESA payments regularly scheduled to be paid after the Date of Termination shall be paid to Executive.
(v)    Qualified Pension Plan.  CBI shall pay Executive, in a lump sum within sixty (60) days of the Date of Termination, an amount equal to the difference, if any, between the present value of Executive's accrued benefit, 

12

whether or not vested, as of the Date of Termination under the Qualified Pension Plan, and the present value of the vested portion of such accrued benefit, with such difference to be calculated, to the extent relevant, using the actuarial assumptions and interest rates specified in the Qualified Pension Plan.  The vested portion of such accrued benefit, if any, shall be paid in accordance with the provisions of the Qualified Pension Plan.
(vi)    Nonqualified Pension Plan.  CBI shall pay Executive an amount equal to the lump sum which would have been payable under the Nonqualified Pension Plan had Executive (A) been completely vested in Executive's full accrued benefit under the Nonqualified Pension Plan, (B) been eligible for normal retirement under the Nonqualified Pension Plan, and (C) retired as of the Date of Termination.  Such benefit shall be calculated, to the extent relevant, using the actuarial assumptions specified in the Nonqualified Pension Plan.  The payment under this Section 6(c)(vi) shall be paid within six months and two days of the Date of Termination, and shall be made in lieu of any and all payments otherwise due under the Nonqualified Pension Plan.  
(vii)    Outplacement and Job Search Expenses.  CBI will, at its expense, make available to Executive the services of an outplacement firm designated by CBI.  In addition, CBI will reimburse Executive for reasonable out-of-pocket job search expenses incurred by Executive for a period of up to nine (9) months following the Date of Termination, provided that such expenses shall not exceed $300 per month and shall be properly documented.

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(viii)    Equity Incentive Plan; Other Benefit Plans.  Executive's right to exercise options under the Equity Incentive Plans, and right to receive benefits under any other similar plans (if any) in which Executive is a participant shall be governed by the terms and conditions of the Equity Incentive Plans and such other plans (if any), copies of which have been made available to Executive.
(d)    Termination Due to Death.  The employment of Executive under this  
Agreement shall terminate upon Executive's death.  In the event of the death of Executive during the term of his employment hereunder, CBI shall have no further obligations to Executive under this Agreement, except that the estate or any other legal representative of Executive shall be entitled to receive the following:
(i)    Base Salary.  CBI shall pay to Executive's estate or other legal representatives the base salary as provided in Section 4(a) above, at the rate in effect at the time of Executive's death through the end of the month in which Executive dies.
(ii)    AIP.  CBI shall pay to Executive's estate or other legal representative the pro‐rata portion of Executive's Target AIP award under the AIP for the year in which Executive's death occurs.  Such payment shall be calculated by multiplying such Target AIP award by a fraction, the numerator of which is the number of weeks in the applicable year which precedes the date of death and the denominator of which is 52.  Such amount shall be paid by CBI in a lump sum within thirty (30) days of the date of death.  The payments under this Section 6(d)(ii) shall be made in lieu of any and all payments otherwise due under the AIP for the year in which Executive's death occurs.

14

(iii)    Equity Incentive Plans; Other Benefit Plans.  Executive's right to exercise options under the Equity Incentive Plans, and right to receive benefits under any other similar plans (if any) in which Executive is a participant shall be governed by the terms and conditions of the Equity Incentive Plans and such other plans (if any), copies of which have been made available to Executive.
(iv)    Other Benefits.  CBI shall pay to Executive's estate or other legal representative all of the amounts and shall provide all benefits generally available under the employee benefit plans, and the policies and practices of CBI, determined in accordance with the applicable terms and provisions of such plans, policies and practices.
(e)    Termination Due to Disability.  The employment of Executive under this Agreement shall be terminated on the date that Executive becomes Disabled, as determined by the written opinion of the licensed physician regularly attending Executive.  If CBI disagrees with this opinion, CBI may, at its own expense, engage a second physician to examine Executive.  If Executive's physician and CBI's physician agree in writing that Executive is or is not Disabled, their written opinion shall, except as otherwise set forth in this paragraph 6(e), be conclusive as to Executive's Disability.  If the physicians disagree as to Executive's Disability, they shall select a third physician to make the determination, whose written opinion shall be conclusive and binding on the issue of Disability.  The date of any written opinion conclusively finding Executive to be Disabled shall be the effective date of Disability for purposes of this paragraph 6(e).  In the event of termination due to Disability, CBI shall have no further obligations to 

15

Executive under this Agreement, except that Executive shall be entitled to receive the following:
(i)    Base Salary.  CBI shall pay Executive the base salary as provided in Section 4(a) above at the rate in effect at the time Executive becomes Disabled through the end of the month in which Executive's employment terminates due to Disability.
(ii)    AIP.  CBI shall pay Executive the pro‐rata portion of Executive's Target AIP award under the AIP for the year in which Executive's Disability occurs, computed as in Section 6(d)(ii) above but substituting Disability for death.  The payments under this Section 6(e)(ii) shall be made in lieu of any and all payments otherwise due under the AIP for the year in which Executive's Disability occurs.
(iii)    Equity Incentive Plans.  Executive's right to exercise options under the Equity Incentive Plans shall be governed by the terms and conditions of the Equity Incentive Plans, copies of which have been made available to Executive.
(iv)    Other Benefits.  CBI shall pay to Executive the amounts and shall provide all benefits generally available to similarly situated executives under the employee benefit plans, and the policies and practices of CBI, determined in accordance with the applicable terms and provisions of such plans, policies and practices.
(f)    Mitigation.  Executive agrees to use reasonable efforts to secure other employment but shall not otherwise be required to mitigate the amount of any payment provided for in this Section 6; provided, however, that in the event Executive secures 

16

other employment, any continuation payments otherwise due Executive shall be subject to offset as provided in Section 6(c)(iii) above.
(g)    Release of Claims.  Any other provisions of this Agreement notwithstanding, Executive shall not be entitled to any compensation under Section 6(c)(i) through 6(c)(vii) hereof following termination of employment unless and until Executive shall have executed a release of all of Executive's rights and claims (other than to compensation or other matters to which Executive is entitled under this Agreement following termination of employment) against CBI, its officers, directors, agents, servants, and employees, and their respective successors, assigns, insurers, parent companies, subsidiaries, and affiliates with respect to all matters relating to CBI or its parent companies, subsidiaries, or affiliates existing at the time of Executive's execution of the release, and such release has become binding upon and irrevocable by the Executive.  The release shall be in substantially the form of Exhibit A hereto, or such variation thereof as CBI reasonably determines to be necessary to comply with then applicable law or otherwise appropriate to secure a release of all the aforesaid rights and claims of Executive.  If a release satisfactory to CBI has not become binding and irrevocable within sixty (60) days after the Date of Termination, the conditions of this Section 6(g) shall not be satisfied, the Executive shall not have any right to the compensation provided under Section 6(c)(i)-(vii), each of which is additional compensation to which the Executive would otherwise not be entitled, and CBI shall have no further obligations to Executive under this Agreement.

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(h)    In the event that CBI subsequently determines that termination for Cause was warranted, CBI may cease payments and benefits hereunder and the Executive is required to repay to CBI each of the payments and benefits set forth in Section(c)(i)-(vii).
7.    FURTHER BENEFITS.
Upon termination of the employment of Executive, Executive shall accrue no further benefits under the Pension Plans and shall make no further contributions to any Pension Plan or other benefit plan permitting employee contributions.    
8.    RIGHT TO TERMINATE; SOURCE OF PAYMENTS.
(a)    Right to Terminate by CBI.  CBI may terminate Executive's employment at any time upon written notice to Executive subject to Executive's right to receive the payments and benefits specified in this Agreement.
(b)    Right to Terminate by Executive.  Executive may terminate his or her 
employment with CBI at any time for Good Reason or otherwise upon written notice to 
CBI, subject to Executive's right to receive the payments and benefits specified in this 
Agreement.
(c)    Source of Payments.  All payments provided for in this Agreement shall be paid in cash from the general funds of CBI or from any special or separate trust or fund to be established in connection herewith.  To the extent that any person acquires a right to receive payments from CBI hereunder, whether or not any funds are segregated by CBI for such purpose, such right shall be no greater than the right of an unsecured creditor of CBI.

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9.    AMENDMENTS; WAIVER.
This Agreement may not be changed orally, but only by an agreement in writing signed by the party against whom enforcement of any waiver, change, modification, extension or discharge is sought.  The waiver by either party of compliance with the provisions of this Agreement by the other party shall not operate or be construed as a waiver of any subsequent breach by such party.  Notwithstanding the foregoing, CBI may amend this Agreement to the extent it determines in good faith that an amendment is necessary to comply with the requirements of Section 409A of the Code, provided that such amendment preserves, as near as possible, the economic benefits of the Agreement to both parties.  The provisions of Sections 14, 15, 16, 17 and 21 shall survive termination of this Agreement.
10.    BINDING AGREEMENT.
This Agreement shall be binding upon and inure to the benefit of the parties hereto, any successors to the business of CBI, Executive's heirs and the personal representatives of Executive's estate.
11.    ASSIGNMENT.
This Agreement shall not be assigned by either Executive or CBI except that CBI may assign this Agreement to any successor in interest of CBI whether by merger, consolidation, purchase of assets or otherwise, provided, however, that in connection with such an assignment CBI will require a successor in interest to fully assume all of CBI's obligations hereunder.
12.    NOTICES.
Any notice required or permitted hereunder shall be deemed sufficiently given if in writing and either personally delivered or sent by certified or registered mail, postage pre‐paid, 

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addressed to the party at the address set forth below or at such other address as the party may subsequently designate:
(a)    Executive:
 
        Derry Hobson
5213 Balmoral Lane
Flower Mound, TX 75028

(b)    CBI:
CBI Holdings Inc.
5301 Legacy Drive
Plano, TX 75024
Attn: General Counsel

copy to:    Cadbury Schweppes plc
25 Berkeley Square
London, England W 1 X 6HT
Attn: Chief Legal Officer and Company Secretary (Group)

Any such notice will be deemed given upon delivery, if delivered in person, or upon the date of mailing, if sent by certified or registered mail.
13.    ENTIRE AGREEMENT.
This Agreement supersedes any prior agreements or understandings, oral or written, with respect to the employment of Executive and constitutes the entire agreement with respect thereto.  It cannot be changed or terminated orally and may be modified only by a subsequent written agreement executed by both parties hereto.  In addition, the Executive will not be eligible to participate in any other severance pay plan, program or practice that may be adopted from time to time.
14.    CONFIDENTIALITY.
(a)    Executive agrees and acknowledges that, during the term of this Agreement, CBI promises to provide and Executive will have access to and acquire certain trade secrets and confidential information of CBI and of corporations affiliated 

20

with CBI that is not generally available to the public, and that such information constitutes valuable, special and unique property of CBI and its affiliates that, if disclosed, could put CBI or its affiliates at a competitive disadvantage (the "Confidential Information").  Such Confidential Information includes but is not limited to methods, techniques, specifications, devices, systems, designs, formulae, models, patents and trademarks, manuals, lists of customers and prospective customers, customer requirements, vendor information and relationships, price lists and other pricing information and analyses, data used to prepare bids, marketing plans and other market information and analyses, business, strategic and operating plans, financial statements and other financial information, training techniques, and other confidential and proprietary information and documents regarding the business of CBI and its affiliates.
(b)    As a material inducement to CBI to enter into this Agreement and to provide Executive the compensation and other consideration set forth herein, Executive agrees that, without the prior written consent of CBI, Executive will not, during or after the term of Executive's employment with CBI, directly or indirectly use or disclose any such Confidential Information to any person or entity for any reason or purpose whatsoever, except as may be required by law or as may be required in the course of Executive's performance of his or her duties at CBI.
(c)    Executive acknowledges and agrees that all files, records, documents, plans, specifications, equipment, information, computer files, and similar items and materials relating to CBI's business shall remain the sole property of CBI and shall immediately be returned to CBI upon CBI's request or upon the termination of this Agreement for any reason, and that Executive shall keep no copies thereof.  The 

21

provisions of this Section 14 shall survive the termination of this Agreement and shall be binding upon any successor or assign of Executive.
15.    NON-COMPETITION AND NON-SOLICITATION.
(a)    Consideration.  Executive acknowledges and agrees that Executive has received, and will continue to receive, substantial and valuable consideration for the agreements set forth in this Section, including but not limited to access to Confidential Information, which CBI hereby promises to provide to Executive; specialized training related to CBI's services, business practices and Confidential Information; post-termination payments; and other compensation and benefits as described in this Agreement.
(b)    Non-Solicitation of Customers and Employees.  As a material inducement for CBI to provide Executive with the consideration set forth in Sections 4(a), 4(b) and 15(a) above, and as a condition to receipt of the benefits set forth in Section 6(c), Executive agrees that during employment and for a period of twelve (12) months following the Date of Termination, whether for Executive's own account or for the account of any other individual, partnership, firm, corporation or business organization, Executive shall not either directly or indirectly solicit or endeavor to entice away from CBI any person who is employed by or otherwise engaged to perform services for CBI (or its affiliates) or to interfere with the relationship of CBI (or its affiliates) with any person who then is a customer of CBI. 
(c)    Non-Competition.  As a material inducement for CBI to provide Executive with the consideration set forth in Sections 4(a), 4(b) and 15(a) above, and as a condition to receipt of the benefits set forth in Section 6(c), Executive agrees that, for a period of 

22

twelve (12) months following the Date of Termination, Executive shall not become employed in an executive capacity by any Competitor of CBI within the United States, Canada or any other region in which CBI or its current or former affiliates operates or has operated and in which Executive has directly or indirectly rendered services during the last thirty-six (36) months of Executive's employment and, further, Executive shall not provide services of a similar or comparable type and character to those provided by Executive to CBI during the last thirty-six (36) months of Executive's employment with CBI, whether as an employee, officer, director, partner, shareholder, consultant or otherwise, to any Competitor of CBI within the United States, Canada or any region in which Cadbury Schweppes plc operates and in which Executive has rendered services during Executive's employment; provided, however, that this Section 15 shall not prohibit Executive's ownership, either directly or indirectly, of less than 1% of any class of publicly traded securities of any entity, and provided further that this Section 15 shall not prohibit Executive's employment as an employee or officer or Executive's performance of services as a consultant with any Competitor if Executive is not directly or indirectly involved in the aspects of such Competitor's business that are competitive with CBI.
16.    JUDICIAL AMENDMENT.
Executive and CBI acknowledge the reasonableness of the agreements set forth in Sections 14 and 15 above and the reasonableness of the geographic area, duration of time and subject matter that are part of the covenant not to compete contained in Section 15(c).  Executive further acknowledges that Executive's skills are such that Executive can be gainfully employed in noncompetitive employment and that the agreement not to compete will in no manner prevent Executive from earning a living.  Notwithstanding the foregoing, in the event it is judicially 

23

determined that any of the limitations contained in Section 15 are unreasonable, illegal or offensive under any applicable law and may not be enforced as agreed herein, the parties agree that the unreasonable, illegal or offensive portions of Section 15, whether they relate to duration, area or subject matter, shall be and hereby are revised to conform with all applicable laws and that the Agreement, as modified, shall remain in full force and effect and shall not be rendered void or illegal.
17.    IRREPARABLE INJURY.
Executive acknowledges that CBI has invested substantial time, labor, skill and money in developing the Confidential Information to be provided to Executive.  Executive further acknowledges that the Confidential Information to be provided to Executive, and the services Executive is to render to CBI, are such that any breach of the covenants contained in Sections 14 and 15 above by Executive would cause CBI irreparable harm and injury and would damage CBI in a way that could not be adequately compensated by monetary damages.  Accordingly, the parties agree that CBI's remedies may include a temporary restraining order, preliminary injunction, or other injunctive relief against any threatened or actual breach of Sections 14 or 15 by Executive.  Executive acknowledges that this injunctive relief shall be in addition to any other legal or equitable relief to which CBI may otherwise be entitled under applicable law.
18.    HEADINGS.
The headings used in this Agreement are for convenience only and shall not be deemed to curtail or affect the meaning or construction of any provision under this Agreement.
19.    WITHHOLDING.
All payments or benefits to Executive under this Agreement shall be reduced by any amounts required to be withheld by CBI under applicable tax laws, including U.S. Federal, state, 

24

or local income tax laws or similar laws then in effect as well as the laws of other countries while on international assignment.  In the event new tax legislation results in additional taxation to the Executive or CBI which may be avoided by amendment to this Agreement with no material financial impact to Executive or CBI, then this Agreement shall be so amended by written agreement of the parties.
20.    OTHER PLANS.
Except as otherwise provided in this Agreement, the terms of the AIP, Pension Plans, Equity Incentive Plans and any other CBI option plan, bonus plan or benefit plan (as the same may be amended from time to time) or any agreements entered into pursuant to such plans, shall remain in full force and effect.  Except as expressly provided herein, if there is any conflict between this Agreement and the Plans described above in this Section 20, the terms of the applicable Plan documents shall control.
21.    ARBITRATION.
Any controversy or claim, other than an action for injunctive or equitable relief for unfair competition or to enforce the confidentiality, noncompete or nonsolicitation provisions set forth in Sections 14 and 15, arising out of or relating to (a) this Agreement or the breach thereof, (b) Executive's employment with CBI, or (c) the termination of Executive's employment with CBI, (including but not limited to claims arising under applicable employment-related statutes, including without limitation Title VII of the Civil Rights Act of 1964, the Age Discrimination in Employment Act, the Americans with Disabilities Act, the Rehabilitation Act, the Family and Medical Leave Act, the Employee Retirement Income Security Act, the American Jobs Creation Act of 2004, or the Fair Labor Standards Act, applicable state fair employment practices statutes, and claims for retaliation arising under applicable workers' compensation statutes; as well as 

25

employment-related common-law tort claims, including without limitation claims for negligence, intentional torts, post-termination defamation (e.g., employment references), violation of privacy rights, fraud, misrepresentation, unjust enrichment, tortious interference and/or promissory estoppel), which is not settled by agreement among the parties shall be resolved by final and binding arbitration, to be held in a metropolitan area located within fifty (50) miles of the location at which Executive is employed, in accordance with the employment arbitration rules and procedures of the American Arbitration Association.  Neither party shall initiate or prosecute any lawsuit in any way related to any claims; provided, however, that the provisions of this Section 21 do not limit Executive's right to file an administrative charge with the Equal Employment Opportunity Commission.  Judgment upon the award rendered may be entered and enforced in any court having jurisdiction thereof.
22.    VALIDITY; APPLICABLE LAW.
The invalidity or unenforceability of any provisions of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect, and the invalid or unenforceable term or provision shall be deemed replaced by a term or provision that is valid and enforceable and that comes closest to expressing the intention of the invalid or unenforceable term or provision.  The validity, interpretation, construction and performance of this Agreement shall be governed by the laws of the State in which Executive is employed.

26

IN WITNESS WHEREOF, CBI has caused this Agreement to be executed by its duly authorized officer, and Executive has hereunto subscribed his or her name, all as of the day, month and year first above written.

	
				
	CBI Holdings Inc.
	 
	Executive

	 
	 
	 
	 

	 
	 
	 
	 

	By:
	    /s/ James L. Baldwin
	 
	  /s/ Derry Hobson

	 
	   James L. Baldwin

	 
	  Derry Hobson

	 
	   Executive Vice President
	 
	 

27

EXHIBIT "A"

GENERAL RELEASE

This General Release (the "Release") is executed as of this              day of 
, 20___, by and between Derry Hobson ("Executive") and CBI Holdings Inc. ("CBI") for purposes of evidencing the covenants, obligations and undertakings of such parties set forth below.

WHEREAS, CBI and Executive entered into an agreement of employment (the "Agreement") dated October 15, 2007; and

WHEREAS, Executive's employment with CBI was terminated effective as of
, 20___, pursuant to Paragraph  of the Agreement;

NOW THEREFORE, as a condition to, and in consideration of, payment by CBI of the benefits specified in Paragraph  of the Agreement, Executive hereby agrees as follows:

1.    Executive, for himself and on behalf of Executive's agents, attorneys, heirs, executors, administrators, successors and assigns, hereby irrevocably releases, acquits, discharges and forever forgives CBI, its past and present officers, directors, shareholders, representatives, agents, servants, and employees, and their respective successors, assigns, insurers, parent companies, subsidiaries, and affiliates, and all persons acting by, through, under or in concert with them, (the "Releasees") from any and all claims, causes of action, suits, controversies, appeals, grievances, promises, agreements, damages, rights, debts, liabilities, costs, losses, personal injuries and any other compensation whatsoever, whether presently known or unknown, liquidated or unliquidated, matured or contingent, arising at any time through the date of the execution of this Agreement.  This Release covers any and all claims, regardless of whether they arose in contract or in tort or are based upon statutes, laws or rules, regulations, common law principles or otherwise, and includes but is not limited to claims arising under Title VII of the Civil Rights Act of 1964, as amended, the Americans with Disabilities Act, the Age Discrimination in Employment Act, the Pregnancy Discrimination Act, the Equal Pay Act, the Fair Labor Standards Act, the Family and Medical Leave Act, the Employee Retirement Income Security Act, COBRA, the Occupational Safety and Health Act, or any other federal, state or local statute, law or regulation relating to employment; common-law claims for breach of contract, quantum meruit, reformation of contract, breach of implied covenant of good faith and fair dealing, debt, wrongful discharge, defamation, invasion of privacy, infliction of emotional distress, tortious interference, misrepresentation, fraud, conspiracy, negligence or gross negligence; and any other statutory or common-law cause of action, whether or not relating to Executive's employment with CBI; provided, however, that this Release does not include any claims Executive may have to compensation or benefits to be provided to Executive following termination of Executive's employment with CBI pursuant to Section 6(c) of the Agreement, any rights Executive may have (subject to the provisions of Section 6(c) of the Agreement) under any pension or benefit plan in which Executive was or is a participant, and any indemnification rights Executive may have under company bylaws or insurance.

A-1

2.    Executive covenants and agrees that, to the fullest extent permitted by law, Executive will not bring any legal action against any of the Releasees for any claim waived and released under this Release and represents and warrants that no such claim has been filed to date.  Executive agrees that should any person, organization or other entity institute or file a civil action, suit or legal proceeding against the Releasees on Executive's behalf involving any matter occurring at any time in the past up to and including the date on which Executive executes this Release, Executive shall not seek or accept any personal, equitable or monetary relief in such civil action, suit or legal proceeding.

3.    Executive agrees that the terms and conditions of this Release are confidential and that Executive will not, directly or indirectly, disclose the fact of or terms of this Release to anyone other than Executive's attorney or tax advisor, except to the extent such disclosure may be required for accounting or tax reporting purposes or otherwise be required by law or direction of a court.  Nothing in this provision shall be construed to prohibit Executive from disclosing this Release to the Equal Employment Opportunity Commission in connection with any complaint or charge submitted to that agency.

4.    Executive agrees not to make any comments relating to the Releasees that are critical, disparaging or derogatory or that may tend to injure the business of the Releasees and agrees not to encourage any person, corporation or entity to sue or not to do business with the Releasees. 

5.    Effective as of the Termination Date, Executive hereby resigns from any and all positions as an officer or director of CBI or its affiliates and subsidiaries, and agrees to execute any documents required for the purpose of effecting such resignation.

6.    The provisions of this Release are severable.  If any provision is held to be invalid or unenforceable, it shall not affect the validity or enforceability of any other provision.  One or more waivers of a breach of any covenant, term or provision of this Release by any party shall not operate or be construed as a waiver of any subsequent breach of the same covenant, term or provision, nor shall it be construed as a waiver of any other then existing or subsequent breach of a different covenant, term or provision.

7.    This Release sets forth the entire agreement between CBI and Executive and supersedes any and all prior oral or written agreements or understandings concerning the subject matter of this Release.  This Release may not be altered, amended or modified, except by a further written document signed by a duly authorized representative of CBI and Executive.  

8.    This Release is made within the State of Texas and shall in all respects be interpreted, enforced and governed by the laws of the State of Texas.

9.    This Release shall be binding upon Executive, his heirs, administrators, representatives, executors, successors and assigns, and shall inure to the benefit of the Releasees and their respective administrators, representatives, successors and assigns.

A-2

10.    Executive acknowledges that this Release is in full settlement, satisfaction, and discharge of any and all claims, demands, actions, and causes of action released by Executive, and that it applies to all claims, whether known or unknown.  Executive further acknowledges that the consideration to be provided pursuant to the Agreement upon execution of this Release represents amounts and benefits greater than Executive would be entitled to receive if Executive were not to execute this Release.  Executive represents and warrants that Executive has full power and authority to enter into and execute this Release.  Executive represents that Executive has carefully read and fully understands all the provisions of this Release, that Executive has been advised to consult with an attorney of Executive's choice and has had the opportunity to do so, and that Executive is freely, knowingly and voluntarily entering into this Release without reliance on any representations of any kind or character not set forth herein.

11.    Executive acknowledges that Executive has been provided at least twenty-one (21) days after receipt of this Release to decide whether to sign the Release and be bound by its terms, and that Executive has considered the terms of this Release for at least twenty-one (21) days or knowingly and voluntarily waived Executive's right to do so.  Executive further acknowledges and understands that Executive has the right to revoke this Release for a period of seven (7) days after Executive has signed it.  

IN WITNESS WHEREOF, the parties hereto have executed this General Release as of the date first above written.

	
				
	EXECUTIVE
	 
	 
	CBI HOLDINGS INC.

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	 
	 

	 
	 
	By:
	 

	 
	 
	 
	 

	 
	 
	Its:
	 

A-3

TABLE OF CONTENTS

PAGE

1.    DEFINITIONS....................................................................................................................    1
2.    TERM..................................................................................................................................    5
3.    POSITION AND DUTIES..................................................................................................    5
4.    COMPENSATION..............................................................................................................    6
5.    TERMINATION.................................................................................................................    7
6.    COMPENSATION UPON TERMINATION OF EMPLOYMENT...................................    8
7.    FURTHER BENEFITS......................................................................................................    18
8.    RIGHT TO TERMINATE; SOURCE OF PAYMENTS....................................................    18
9.    AMENDMENTS; WAIVER..............................................................................................    19
10.    BINDING AGREEMENT.................................................................................................    19
11.    ASSIGNMENT..................................................................................................................    19
12.    NOTICES..........................................................................................................................    19
13.    ENTIRE AGREEMENT...................................................................................................    20
14.    CONFIDENTIALITY.......................................................................................................    20
15.    NON-COMPETITION AND NON-SOLICITATION......................................................    22
16.    JUDICIAL AMENDMENT..............................................................................................    23
17.    IRREPARABLE INJURY.................................................................................................    24
18.    HEADINGS......................................................................................................................    24
19.    WITHHOLDING..............................................................................................................    24
20.    OTHER PLANS................................................................................................................    25
21.    ARBITRATION................................................................................................................    25
22.    VALIDITY; APPLICABLE LAW.....................................................................................    26

AGREEMENT

BETWEEN

CBI HOLDINGS INC.

AND

DERRY HOBSON

DATED AS OF OCTOBER 15, 2007

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