AMENDMENT NUMBER TWO TO
THE COCA-COLA COMPANY SEVERANCE PAY PLAN
(as Amended and Restated Effective January 1, 2012)
THIS AMENDMENT to The Coca-Cola Company Severance pay Plan (the "Plan") is adopted by The Coca-Cola Company Benefits Committee (the "Committee").
W I T N E S S E T H:
WHEREAS, Section 6.1 of the Plan provides that the Committee may amend the Plan at any time; and
WHEREAS, the Committee wishes to amend the Plan.
NOW, THEREFORE, the Committee hereby amends the Plan as follows, effective as of April 1, 2017:
1.
The definition of Qualifying Event shall be amended as follows:
"Qualifying Event" means any event that results in the involuntary
loss of active employment for reasons other than poor performance or for
Cause. In addition, a Qualifying Event shall not include a seasonal layoff or
voluntary reduction in hours."
2.
The existing section 3.1(b) shall be deleted in its entirety and shall be replaced with the following language:
"3.1(b) [Intentionally Omitted]"
IN WITNESS WHEREOF, the Committee has adopted this Amendment on the date shown below, but effective as of the dates indicated above.
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The Coca-Cola Company Benefits Committee |
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By /s/ Joseph Pitra, Chairman |
Joseph Pitra, Chairman |
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Date 3-10-2017 |