Amendment No. 1 to The Coca-Cola Company Severance Pay Plan for Certain Legacy CCNA Employees

Contract Categories: Human Resources › Severance Agreements
Summary

This amendment, effective February 28, 2014, updates the definition of eligible participants in The Coca-Cola Company Severance Pay Plan for Certain Legacy CCNA Employees. It clarifies that eligible employees must work primarily in the U.S., be actively at work or on approved leave, perform services for Coca-Cola North America or Coca-Cola Refreshments USA, report to the President of Coca-Cola North America, and be subject to a job grade-based compensation structure. The amendment was approved by the company's Benefits Committee.

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EX-10.43.1 6 a20141231ex-10431.htm EXHIBIT 10.43.1 2014.12.31 Ex-10.43.1
Exhibit 10.43.1

AMENDMENT ONE
TO THE
THE COCA-COLA COMPANY SEVERANCE PAY PLAN
FOR CERTAIN LEGACY CCNA EMPLOYEES

WHERAS, The Coca-Cola Company established The Coca-Cola Company Severance Pay Plan for Certain Legacy CCNA Employees (“Plan”); and

WHEREAS, The Coca-Cola Company benefits Committee (“Benefits Committee”) is authorized to amend the Plan at any time.

NOW, THEREFORE, BE IT RESOLVED, that the Plan is amended as follows, effective as stated below:

1.
Effective February 28, 2014, paragraph (a) of the definition of Participant is amended
to read as follows:

“(a) a regular full-time or regular part-time (working at least 30 hours per week)
Employee of the Company or a Participant Affiliate who, in accordance with personnel and
Organizational systems of the Company or an Affiliate, (i) works primarily within the United States (one of the fifty states or the District of Columbia), (ii) is actively at work or on an Approved Leave of Absence, (iii) is performing services for Coca-Cola North America or Coca-Cola Refreshments USA, Inc., (iv) ultimately reports up to the President, Coca-Cola North America, and (v) is subject to a compensation structure that is based on job grade, or”




[REMAINDER OF PAGE INTENTIONNALY LEFT BLANK]


Exhibit 10.43.1


IN WITNESS WHEREOF, the Benefits Committee has caused this Amendment to be
Signed by its duly authorized member as of this 22nd day of September 2014.


THE COCA-COLA COMPANY
BENEFITS COMMITTEE


___________________________
Melody Hanna, Chairperson


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