Document:

Executive Retiree Medical Plan

 
EXHIBIT 10.20

 
Coca-Cola Enterprises Inc. 
Executive Retiree Medical Plan 
 
Established April 2000 
 
 
Purpose:    To provide certain retirees who were senior
executives of the Company or an acquired company to continue to receive the same benefits available to active employees under the Coca-Cola Enterprises Inc. Medical, Vision and Prescription Plan (Employees MVP Plan). 
 
Eligibility for Coverage:    Coverage is provided only
pursuant to a written agreement between the Company and the retiree, such as a consulting agreement or purchase agreement. Members of the retirees family may also be provided coverage under the plan, as specified in the relevant agreement. The
coverage period of the retiree and his or her dependents is also determined by reference to the agreement providing for coverage under the plan. 
 
Cost:    No retiree contributions are required under the Executive Retiree Medical Plan unless otherwise provided by the agreement under
which coverage is offered. 
 
Right to Amend and Terminate the
Plan:    The terms of the Executive Retiree Medical Plan may be amended at any time the terms of the Employees MVP Plan are amended. The Executive Retiree Medical Plan may also be terminated at any time if the Employees MVP
Plan is terminated.Agreement between CCE and William A. Holl

 
EXHIBIT 10.21

 

 
 
2001 Restricted
Stock Award 
 
TO:       William A.
Holl 
 
DATE:  July 2001 
 
Coca-Cola Enterprises (the “Company”) has made an award of restricted stock in
2001 to certain key employees of the Company whose continued service should be rewarded and encouraged. We are pleased to advise you that you have been awarded 80,000 shares of restricted stock, subject to the terms and conditions explained below.

 

	1.	 	Restricted Stock Award.    A share of restricted stock is an actual share of common stock of the Company. The stock certificate for your restricted
stock award will be issued in your name but held by the Company. The actual transfer of your award of restrictive stock is contingent upon, and effective as of, the date that you return to the Company a signed copy of the enclosed Stock Power.

 
To effect the transfer of the shares of
restricted stock for which you qualify, you must fax and then mail your signed Stock Power to: 
 
Coca-Cola Enterprises Inc. 
Attn: Susan Miller, Stock Plan Administrator 
P.O. Box 723040 
Atlanta, GA 31139-0040 
(770) 989-3597 
 

	2.	 	Ownership Rights.    As of the date this restrictive stock award is transferred to you, you will have the rights of ownership with respect to the
shares, except such shares cannot be sold, pledged or transferred until the restrictions are removed, and they are subject to forfeiture, as described in this award document. You are entitled to vote shares of restricted stock and to receive any
dividends paid on such shares. You should contact Share Owner Relations at (770) 989-3796 if you wish to have these dividends applied to purchase additional shares of the Company’s stock through the Company’s Dividend Reinvestment Plan.

 

	3.	 	Vesting. In order for restricted shares of stock to vest, the restrictive legend on the share certificate must be removed. At that time, you will have all the
privileges of ownership and the stock certificate(s) will be delivered to you. Restrictions will be removed from one-hundred percent (100%) of this award at the earliest to occur of: 

 

	 	a.	 	The date on which both of the following conditions have been satisfied: 

 

	 	(i)	 	The market value of the Company’s stock averages $18.5240 over 20 consecutive trading days, which average market value represents a 10% increase from $16.84, the market
value of the Company’s stock on the date this award was authorized. (For purposes of this award, “market value” shall be the average of the high and low trading prices on the applicable trading day or on the next preceding trading
day, if such date is not a trading day, as reported on the New York Stock Exchange Composite Transactions listing.) 

 

 

	 	(ii)	 	Your continuous employment by the Company or an Related Company (as defined in section 5) according to the following: 

 

	 	•	 	40,000 shares on June 1, 2002 

	 	•	 	20,000 shares on June 1, 2003 

	 	•	 	20,000 shares on June 1, 2004 

 

	 	b.	 	Your death or disability. 

 

	4.	 	Effects of Termination on Restricted Stock Award.    In the event of your termination prior to June 1, 2004 (except on account of your death or
disability), the following terms apply: 

 

	 	a.	 	If you voluntarily terminate your employment prior to June 1, 2004, other than under the circumstances described in Paragraph 4.d., any unvested shares will be forfeited as of
the date you notify the Company that you intend to resign; 

 

	 	b.	 	If your employment is terminated “for cause,” any unvested shares shall be forfeited as of the date the Company notifies you that you are to be terminated;

 

	 	c.	 	If your employment is involuntarily terminated for any reason other than “for cause,” any unvested shares shall vest as of the date that is 30 days after your
termination date. 

 

	 	d.	 	If you voluntarily terminate your employment upon notification that you will not be placed in the Chief Executive Officer (“CEO”), the Chief Operating Officer
(“COO”), or the President of the North America Group (“NA Group President”) after each of the current incumbents (respectively, Messrs. Kline, Alm and Van Houten) has ceased to hold his current position, any unvested shares will
be forfeited as of the date you notify the Company that you intend to resign; and, in addition, 

 

	 	(i)	 	if such termination occurs prior to June 1, 2002, the Company shall pay you a lump sum equal to two years’ base salary, or 

 

	 	(ii)	 	if such termination occurs after June 1, 2002, but before June 1, 2004, the Company shall pay you a lump sum equal to one years’ base salary. 

 

	5.	 	Definitions.    For purposes of this award of restricted stock: 

 

	 	a.	 	“Disability” shall be determined according to the definition of “disability,” in effect at the time of the determination, in the Coca-Cola Enterprises Inc.
Employees’ Pension Plan. 

 

	 	b.	 	“For cause” means the continuous failure to carry out the material duties and responsibilities assigned by the CEO, the COO, or the NA Group President, the
commission of a felony or misdemeanor involving moral turpitude, or the material breach of duty or loyalty to the Company. 

 

	 	c.	 	Your employment with the Company will not be considered terminated if you become immediately employed by a Related Company. For purposes of this grant, a “Related
Company” means The Coca-Cola Company or any company or business entity in which The Coca-Cola Company or the Company owns, directly or indirectly, 20% or more of the voting stock or capital and the Company agrees to such subsequent employment.
Termination from such subsequent employment, however, shall be deemed termination from the Company, with the terms of this Agreement applicable thereto, unless you become immediately reemployed with the Company or another Related Company.

 

	6.	 	Tax Obligations.    The information provided in Exhibit 2 summarizes the tax consequences associated with the transfer of restricted stock.
As you will wish to consider these tax rules in conjunction with your own financial situation, the Company recommends that you consult your financial advisor about tax rules. 

 
 

The Company may retain custody of your shares of stock until such payments or arrangements are made
to pay, or may deduct from any payment of any kind otherwise due you, an amount equal to the amount required by law to be withheld from your income and remitted to the appropriate tax authorities. 
 
EXHIBITS 
 

	1.	 	2001 Restricted Stock Award Plan 

 

	2.	 	Federal Income Tax Consequences, ERISA, Restrictions on Resale of Stock and Incorporation by Reference, Pertaining to Restricted Stock. 

 
ENCLOSURES 
 

	1.	 	Stock Power 

 

	2.	 	Section 83(b) Election Form and Instructions2000 Restricted Stock Award

 
EXHIBIT 10.22

 
2000 Restricted Stock Awards 
to Certain of the Company’s 
General Managers in the United States 
 
 
 
Each recipient received 6,000 shares of restricted stock under the
attached documents. 
 
Recipients: 
 
Jay Ard 
Johnny Blankenship 
Joe Deavenport 
Bob DeBorde 
Tom Rice

Phil Emma 
Tom Harrington 
Don Hensen 
Bryant McDaniel 
Ern Sherman 
Jeff Laschen 
Rick Gillis 
Tim McCabe 

 
COCA-COLA ENTERPRISES
INC. 
 
2000 Restricted Stock Award 
 
TO : Restricted Stock Recipients 
 
DATE : February 7, 2000 
 
Coca-Cola Enterprises (the “Company”) has decided to make an award of restricted stock in 2000 to certain key employees of
the Company whose continued service should be rewarded and encouraged. We are pleased to advise you that you have been awarded 6,000 shares of restricted stock, subject to the terms and conditions explained below. 
 
1.    Restricted Stock
Award.    A share of restricted stock is an actual share of common stock of the Company. The stock certificate for your restricted stock award will be issued in your name but held by the Company. The actual transfer of your
award of restrictive stock is contingent upon, and effective as of, the date that you return to the Company a signed copy of the enclosed Stock Power. 
 
To effect the transfer of the shares of restricted stock for which you qualify, you must fax and then mail your signed Stock Power to: 
 
Coca-Cola Enterprises Inc. 
Attn: Theresa Byrd, Stock Plan Administrator 
P.O. Box 723040 
Atlanta, GA 31139-0040 
(770) 989-3597 
 
2.    Ownership Rights.    As of the date this
restrictive stock award is transferred to you, you will have the rights of ownership with respect to the shares, except such shares cannot be sold, pledged or transferred until the restrictions are removed, and it is subject to forfeiture, as
described in this award document. You are entitled to vote shares of restricted stock and to receive any dividends paid on such shares. (You should contact Share Owner Relations at (770) 989-3796 if you wish to have these dividends applied to
purchase additional shares of the Company’s stock through the Company’s Dividend Reinvestment Plan.) 
 
3.    Vesting.    In order for restricted shares of stock to
vest, the restrictive legend on the share certificate must be removed. At that time you will have all the privileges of ownership and the stock certificate(s) will be delivered to you. Restrictions will be removed from one-hundred percent (100%) of
this award at the earliest to occur of: 
 

	 	a.	 	December 14, 2004, five years from the date on which this award was authorized, if you are continuously employed by the Company or and Affiliated Company until that
date, or 

	 	b.	 	Your death or disability. 

 
4.    Effects of Termination on Unvested Restricted
Stock.    One-hundred percent (100%) of this award will be forfeited if it is not vested, in accordance with item 2, before or upon your termination of employment. 

 
5.    Definitions.    For purposes of this award of restricted stock: 
 

	 	a.	 	“Disability” shall be determined according to the definition of “disability,” in effect at the time of the determination, in the Coca-Cola Enterprises Inc.
Employees’ Pension Plan. 

 

	 	b.	 	For purposes of this award, your employment with the Company will not be considered terminated if you become immediately employed by The Coca-Cola Company or any company or
business entity in which The Coca-Cola Company or the Company owns, directly or indirectly, 20% or more of the voting stock or capital and the Company agrees to such subsequent employment. Termination from such subsequent employment, however, shall
be deemed termination from the Company, with the terms of this Agreement applicable thereto, unless you become immediately reemployed with the Company or another affiliated company. 

 
6.    Tax
Obligations.    The following information, together with the information provided in Exhibit 1, summarizes the tax consequences associated with the transfer of restricted stock. As you will wish to consider these tax
rules in conjunction with your own financial situation, the Company recommends that you consult your financial advisor about tax rules. 
 

	 	a.	 	While the shares are restricted.    The dividends will be taxable income to you in the year they are paid. Whether the dividends are treated as
“wages” and reported on your Form W-2 for that year or as dividends reported on a Form 1099-DIV will depend on whether you are to be taxed on the shares when they vest (see paragraph b) or whether you elect to be taxed on the restricted
shares upon transfer (see paragraph c). 

 

	 	 Note:	 	The dividends on any additional shares purchased through the Dividend Reinvestment Plan will be reported on a Form 1099-DIV. 

 

	 	b.	 	General Rule: When the shares vest.    You will have taxable income equal to the value of your shares on the date such shares fully vest, as
described above. Income received as a result of the vesting of restricted stock is subject to immediate withholding of federal, state or local income tax and FICA, to the extent applicable. Payment to the Company of applicable taxes, or satisfactory
arrangements to make such payment, is required immediately after the vesting of any portion of this award. 

 

	 	 Note:	 	The Company may retain custody of your shares of stock until such payments or arrangements are made or may deduct from any payment of any kind otherwise due you an amount
equal to the amount required by law to be withheld from your income and remitted to the appropriate tax authorities. 

 

	 	c.	 	An Election to Accelerate Taxation of Restricted Stock.    As an exception to the general rule stated in paragraph b., above, you may elect within
30 days from the date the transfer of your restricted shares is effective to include in your income for federal tax purposes an amount equal to the fair market value of the restricted shares on the date the award is effective. In order to take
advantage of this opportunity, you must satisfy the requirements of Internal Revenue Code section 83(b) and make satisfactory arrangements to pay the Company any federal, state or local taxes required to be withheld with respect to these shares. A
form by which you may make this election is enclosed for your convenience. 

	7.	 	Adjustment in the Number of Shares.    In the event there is any change in the number of shares of common stock of Coca-Cola Enterprises Inc.
through stock dividends, through stock splits through recapitalization or merger, share exchange, consolidation or otherwise, the Company shall make such adjustment, if any, that it may deem appropriate in the number of shares of stock subject to
this award. 

 

	8.	 	Acceptance of this Award.    Your execution and return of the enclosed Stock Power indicates your acceptance of this award and the terms and
conditions described in this award document. 

 

	9.	 	Governing Law.    This award, and all determination made and actions taken with respect to this award, shall be governed by the laws of the State of
Georgia and interpreted in accordance with such laws. 

 
EXHIBIT 
 

	1.	 	Federal Income Tax Consequences, ERISA, Restrictions on Resales of Stock and Incorporation by Reference, Pertaining to Restricted Stock. 

 
ENCLOSURES 
 

	1.	 	Stock Power 

 

	2.	 	Section 83(b) Election Form and Instructions

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