SEVENTH AMENDMENT TO SUPPLEMENTAL BENEFIT PLAN
Published on March 9, 2000
EXHIBIT 10.11.4
SEVENTH AMENDMENT TO
THE COCA-COLA COMPANY
SUPPLEMENTAL BENEFIT PLAN
WHEREAS, pursuant to Section 7.5 of The Coca-Cola Company Supplemental
Benefit Plan (the "Plan") the Corporate Retirement Plan Administrative
Committee (the "Committee") has the authority to amend the Plan;
WHEREAS, the Committee wishes to amend the Plan for purposes of
clarifying the eligibility of certain employees to participate in the
Plan and making other clarifying changes; and
WHEREAS, the Chairman of the Committee is authorized by resolution of
the Committee to execute such amendment and take all other necessary
actions in connection therewith;
NOW THEREFORE, the Plan hereby is amended as follows:
1.
Effective as of January 1, 1999, Section 5.1(c) of the Plan shall be
deleted and a new section 5.1(c) shall read as follows:
(c) For purposes of this Section 5.1, the Pension Benefit of a
Participant shall be calculated based on the participant's compensation
that is considered under the Employee Retirement Plan of
The Coca-Cola Company in calculating his Retirement Income, without
regard to the limitation of Section 401(a)(17) of the code. If a
Participant was on an Approved Leave of Absence, as defined under the
Employee Retirement Plan of The Coca-Cola Company, for the purpose of
working for another entity within The Coca-Cola system, his Pension
Benefit under this Plan shall be calculated based on compensation paid
as follows: compensation during the Approved Leave of Absence shall be
the greater of i) compensation as determined under the first sentence
of this paragraph 5.1(c) or ii) compensation actually paid to the
Participant by the other entity within The Coca-Cola system during the
Approved Leave of Absence, subject to the same inclusions and
exclusions to "Benefit Compensation" as under the Employee Retirement
Plan of The Coca-Cola Company, but without regard to the limitation of
Section 401(a)(17) of the code. The Committee may require that the
Participant provide satisfactory evidence of such compensation.
2.
Effective as of January 1, 2000, Section 5.2(c) of the Plan shall be
deleted and a new section 5.2(a) shall read as follows:
5.2 DISTRIBUTION OF PENSION BENEFIT
(a) The Pension Benefit, as determined in accordance with
Section 5.1, shall [be] payable in monthly increments on the
first day of the month concurrently with and in the same manner
as the Participant's Retirement Income under the Qualified
Pension Plan. If the Participant's Pension Benefit is less than
$50 per month, as calculated in the form of a Life Annuity, the
present value of the Pension Benefit may be paid in a lump sum or
the Pension Benefit may be paid in quarterly, semi-annual, or
annual payments, as the Committee may designate. The Beneficiary
of a Participant's Pension Benefit shall be the same as the
beneficiary of the Participant's Retirement Income under the
Qualified Pension Plan unless the Participant designates
otherwise. Such designation is subject to the approval of the
Committee.
Except as specifically amended hereby, the Plan shall remain in full force
and effect as prior to this Sixth Amendment.
CORPORATE RETIREMENT PLAN
ADMINISTRATIVE COMMITTEE
By: /s/ Peggy F. Horn
Chairman
ATTEST: Date: 1/24/2000
/s/ Barbara S. Gilbreath
Secretary