Document:

Exhibit

Exhibit 10.53

COCA-COLA PLAZA
ATLANTA, GEORGIA

	
			
	JAMES R. QUINCEY
	 
	ADDRESS REPLY TO:

	PRESIDENT & CHIEF EXECUTIVE OFFICER
	 
	P.O. BOX 1734

	THE COCA-COLA COMPANY
	 
	ATLANTA, GA 30301

	 
	 
	-----------

	 
	 
	   +1-404 676-9980

	 
	 
	FAX:  +1-404 598-9980

October 23, 2017

Mr. James Dinkins
Atlanta, Georgia

Dear James,

We are delighted to confirm your new position as President, Coca-Cola North America, Grade 22, with an effective date of January 1, 2018.  You will report to me.  The information contained in this letter provides details of your new position.

		
	•
	Your principal place of assignment will be Atlanta, Georgia. 

		
	•
	Your annual base salary for your new position will be $550,000. 

		
	•
	You will continue to be eligible to participate in the annual Performance Incentive Plan.  The target annual incentive for a Job Grade 22G is 125% of annual base salary.  The actual amount of an incentive award may vary and is based on individual performance and the financial performance of the Company.  Awards are made at the discretion of the Compensation Committee of the Board of Directors based upon recommendations by Senior Management.  The plan may be modified from time to time. 

		
	•
	You will continue to be eligible to participate in The Coca-Cola Company’s Long-Term Incentive program.  Awards are made at the discretion of the Compensation Committee of the Board of Directors based upon recommendations by Senior Management.  You will be eligible to receive long-term incentive awards within guidelines for the job grade assigned to your position and based upon your personal performance, Company performance, and leadership potential to add value to the Company in the future.  As a discretionary program, the award timing, frequency, size and mix of award vehicles are variable.  

		
	•
	You are expected to continue to maintain share ownership pursuant to the Company’s share ownership guidelines at a level equal to four times your base salary.  Because this represents an increase from your prior target level, you will have an additional two years, or until December 31, 2021, to meet your requirement.  You will be asked to provide information in December each year on your progress toward your ownership goal, and that information will be reviewed with the Compensation Committee of the Board of Directors the following February.  

		
	•
	You will be eligible for the Company’s Financial Planning program which provides reimbursement of certain financial planning services, up to $10,000 at Job Grade 22 annually, subject to taxes and withholding. 

James Dinkins
October 20, 2017
Page 2

		
	•
	You will continue to be eligible for the Emory Executive Health benefit which includes a comprehensive physical exam and one-on-one medical and lifestyle management consultation.

		
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	If you have not done so already, you are required to enter into the Agreement on Confidentiality, Non-Competition, and Non-Solicitation, as well as the Agreement Covering Inventions, Discoveries, Copyrightable Material, Trade Secrets, and Confidential Information, effective immediately (enclosed).

		
	•
	This letter is provided as information and does not constitute an employment contract.

James, I feel certain that you will continue to find challenge, satisfaction and opportunity in this role and as we continue our journey during this important time.

Sincerely, 

/s/ James R. Quincey

James R. Quincey

c:    Executive Compensation
Executive Services

Enclosure:     Agreement on Confidentiality, Non-Competition, and Non-Solicitation
Agreement Covering Inventions, Discoveries, Copyrightable Material, Trade Secrets, and Confidential Information

I, James Dinkins, accept this offer:

Signature:     /s/ James Dinkins            

Date:         10/23/2017                

Classified - 
Classified - 
Classified - 
Classified -Exhibit

Exhibit 10.46.1

COCA-COLA PLAZA
ATLANTA, GEORGIA

	
			
	JAMES R. QUINCEY
	 
	ADDRESS REPLY TO:

	PRESIDENT & CHIEF EXECUTIVE OFFICER
	 
	P.O. BOX 1734

	THE COCA-COLA COMPANY
	 
	ATLANTA, GA 30301

	 
	 
	-----------

	 
	 
	   +1-404 676-9980

	 
	 
	FAX:  +1-404 598-9980

December 12, 2017

John Murphy
Singapore

Dear John,

We are delighted to confirm your promotion to Job Grade 22G, with an effective date of January 1, 2018.  You will continue to report to me.  The information contained in this letter provides details of your promotion.

		
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	Your title will remain President, Pacific Group.

		
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	You will assume responsibility for the Bottling Investments Group.

		
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	Your principal place of assignment will remain in Singapore.  Your employer in Singapore will continue to be Pacific Refreshments Pte. Ltd.

		
	•
	Your annual base salary for your new position will be $550,000.

		
	•
	You will continue to be eligible to participate in the annual Performance Incentive Plan.  This is an important, variable element of your total compensation.  Your incentive opportunity is between 0% and 250% (maximum) of your annual base salary.  Any payment will depend on both the business performance and your personal contributions.  Awards are made at the discretion of the Compensation Committee of the Board of Directors based upon recommendations by Senior Management.  As a discretionary program, the performance factors, eligibility criteria, payment frequency, award opportunity levels and other provisions are variable.  The plan may be modified from time to time. 

		
	•
	You will continue to be eligible to participate in The Coca-Cola Company’s Long-Term Incentive (LTI) program.  Awards are made at the discretion of the Compensation Committee of the Board of Directors based upon recommendations by Senior Management.  You will be eligible to receive LTI awards within guidelines for the job grade assigned to your position, and based upon your leadership potential to impact the Company’s future growth.  As a discretionary program, eligibility criteria, award opportunity levels, the award timing, frequency, size and mix of award vehicles are variable

John Murphy
December 12, 2017
Page 2

		
	•
	You are expected to continue to maintain share ownership pursuant to the Company’s share ownership guidelines at a level equal to four times your base salary.  You will be asked to provide information in December each year on your progress toward your ownership goal, and that information will be reviewed with the Compensation Committee of the Board of Directors the following February.  

		
	•
	You will continue to be eligible for the Company’s Financial Planning Reimbursement Program which provides reimbursement of certain financial planning services, up to $10,000 annually, subject to taxes and withholding. 

		
	•
	You will continue to be eligible for the Emory Executive Health benefit which includes a comprehensive physical exam and one-on-one medical and lifestyle management consultation. 

		
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	As a mobile assignee, you will continue to participate in the Global Mobility Tier 1 HQ Program and be provided the standard benefits of that program. The duration and type of assignment are contingent upon the business needs of the Company provided suitable performance standards are maintained.  The Code of Business Conduct, Confidentiality Agreements, or any other document related to knowledge you acquire of Company business or conducting business remain in effect during international assignments. 

		
	•
	You are required to enter into the Agreement on Confidentiality, Non-Competition, and Non-Solicitation, as well as the Agreement Covering Inventions, Discoveries, Copyrightable Material, Trade Secrets, and Confidential Information, effective immediately (enclosed).

		
	•
	This letter is provided as information and does not constitute an employment contract.

John, I feel certain that you will continue to find challenge, satisfaction and opportunity in this role and as we continue our journey during this important time.

Sincerely, 

/s/ James R. Quincey

James R. Quincey

John Murphy
December 12, 2017
Page 3

c:    Jennifer K. Mann
Executive Compensation
Executive Services
Global Mobility

Enclosures:     Agreement on Confidentiality, Non-Competition, and Non-Solicitation
Agreement Covering Inventions, Discoveries, Copyrightable Material, Trade Secrets, and Confidential Information

I, John Murphy, accept this offer:

Signature:     /s/ John Murphy                    

Date:         12/13/2017Exhibit

Exhibit 10.47.1

DEFERRED CASH AGREEMENT 

Servicios Integrados de Administracion y Alta Gerencia, Sociedad de Responsabilidad Limitada de Capital Variable (the "Company") hereby agrees to pay (or cause to be paid) to the recipient named below (the “Recipient”) on the date set forth below (“Payment Date”) the amount set forth below (the “Award”) in accordance with and subject to the terms, conditions and restrictions of this Agreement.  

Name of Recipient:      Francisco Crespo
Target Award:        $200,000
Relevant Dates:      The following dates are applicable for this Agreement:

	
		
	Agreement Date
	May 18, 2016

	Payment Date
	February 28, 2018

TERMS AND CONDITIONS OF THIS AGREEMENT

(1)     If all of the conditions set forth in this Agreement are satisfied, the Award will be     paid to     Recipient on the Payment Date.  

		
	(a)
	Condition for the Award.  Except as provided in (1)(b), the payment shall be made only if the Recipient is, and has continuously been, employed by the Company since the date of this Agreement through the Payment Date. 

 
		
	(b)
	In the event, the Recipient is involuntarily terminated due to a reduction in workforce, internal reorganization, or job elimination and properly, timely and unconditionally executes a general release and agreement on confidentiality, non-competition, non-solicitation and non-disparagement in a form acceptable to the Company in its sole discretion, the award will be paid on the date of separation from service.

		
	(c)
	Recipient shall have no rights to the Award, including but not limited to rights to transfer, pledge, or hypothecate the Award until the Award is paid. 

		
	(d)
	Recipient shall not be entitled to defer payment of any amounts under this Agreement. 

		
	(e)
	The Recipient shall indicate his or her acceptance of this Agreement by signing and returning this Agreement.

            
		
	(2) 
	Each notice relating to this award shall be in writing.  All notices to the Company shall be addressed to the Secretary, The Coca-Cola Company, One Coca-Cola Plaza, Atlanta, Georgia 30313.  All notices to the Recipient shall be addressed to the address on record of the Recipient specified on the face page of this Agreement.  Either the Company or the Recipient may designate a different address by written notice to the other.  Written notice to said addresses shall be effective to bind the Company, the Recipient and the Recipient's representatives and beneficiaries.

		
	(3)
	The Award will be paid in cash less all applicable federal and state tax withholdings, including any hypothetical taxes required under the Global Mobility Program.  The Recipient acknowledges that the ultimate liability for any and all taxes is the responsibility and liability of the Recipient.

1

		
	(4)
	The Recipient hereby agrees that (a) any change, interpretation, determination or modification of this Agreement by the Company shall be final and conclusive for all purposes and on all persons including the Company and the Recipient; and (b) this Agreement shall not affect in any way the right of the Recipient’s employer to terminate or change the employment of the Recipient.

    
		
	(6)
	If any of the terms of this Agreement may in the opinion of the Company conflict or be inconsistent with any applicable law or regulation of any governmental agency having jurisdiction, the Company reserves the right to modify this Agreement to be consistent with applicable laws or regulations.

		
	(7)
	The Recipient consents to and acknowledges that:

    
		
	(a)
	the Award is discretionary in nature;

		
	(b)
	the Award is a potential bonus payment not paid in lieu of any cash salary compensation and not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any termination, severance, resignation, redundancy, end of service payments, bonuses, long-service awards, life or accident insurance benefits, pension or retirement benefits or similar payments; and

		
	(c)
	the Agreement set forth the entire understanding between the Recipient and the Company regarding the Award and supercedes all prior oral and written agreements pertaining to this award. 

		
	(8)   
	This Agreement has been made in and shall be construed and enforced under and in accordance with the laws of the State of Delaware, USA.

Servicios Integrados de Administracion y Alta Gerencia,
Sociedad de Responsabilidad Limitada de Capital Variable

/s/Roxana Penagos Resendiz
Authorized Signature

I have read the above Agreement and hereby accept the above award under the terms and conditions of this Agreement and I agree to be bound thereby and by the actions of the Company.

Recipient /s/Francisco Crespo            Date 12/07/16

2

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