Exhibit 10.5
AMENDMENT ONE TO
THE COCA-COLA COMPANY DEFERRED COMPENSATION PLAN
This Amendment to The Coca-Cola Company Deferred Compensation Plan, as amended and restated effective January 1, 2008 (the “Plan”), is adopted by the Management Committee, as described in the Plan (the “Committee”).
WITNESSETH:
WHEREAS, pursuant to Section 8.4 of the Plan, the Committee has the authority to amend the Plan under certain circumstances;
WHEREAS, the amendment described herein applies to the general population of participants in the Plan and would not have a material financial impact on the Company;
WHEREAS, the Committee desires to amend the Plan to reduce the maximum percentage of the annual incentive that may be deferred under the Plan;
NOW, THEREFORE, the Committee hereby amends the Plan as follows:
Effective beginning for the 2009 Plan Year, Section 3.1(b) shall be amended to replace “100%” with “95%.”
IN WITNESS WHEREOF, the undersigned has adopted this Amendment One on the date shown below, but effective as of the dates indicated above.
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12/16/2008 |
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By: |
/s/ Elizabeth Bastoni |
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Date: |
12/16/2008 |
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By: |
/s/ Ginny Sutton |
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