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Coca Cola Co – ‘10-Q’ for 4/1/16 – ‘EX-10.8’

On:  Thursday, 4/28/16, at 2:06pm ET   ·   For:  4/1/16   ·   Accession #:  21344-16-59   ·   File #:  1-02217

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  As Of               Filer                 Filing    For·On·As Docs:Size

 4/28/16  Coca Cola Co                      10-Q        4/01/16   70:9.5M

Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    750K 
 2: EX-10.7     Material Contract                                   HTML     21K 
 3: EX-10.8     Material Contract                                   HTML     31K 
 4: EX-10.9     Material Contract                                   HTML     31K 
 5: EX-12.1     Statement re: Computation of Ratios                 HTML     37K 
 6: EX-31.1     Certification -- §302 - SOA'02                      HTML     27K 
 7: EX-31.2     Certification -- §302 - SOA'02                      HTML     27K 
 8: EX-32.1     Certification -- §906 - SOA'02                      HTML     23K 
15: R1          Document and Entity Information                     HTML     37K 
16: R2          Condensed Consolidated Statements of Income         HTML     78K 
17: R3          Condensed Consolidated Statements of Comprehensive  HTML     43K 
                Income                                                           
18: R4          Condensed Consolidated Balance Sheets               HTML    121K 
19: R5          Condensed Consolidated Balance Sheets               HTML     33K 
                Parentheticals                                                   
20: R6          Condensed Consolidated Statements of Cash Flows     HTML     99K 
21: R7          Summary of Significant Accounting Policies          HTML     43K 
22: R8          Acquisitions and Divestitures                       HTML     87K 
23: R9          Investments                                         HTML     93K 
24: R10         Inventories                                         HTML     31K 
25: R11         Hedging Transactions and Derivative Financial       HTML    201K 
                Instruments                                                      
26: R12         Commitments and Contingencies                       HTML     34K 
27: R13         Comprehensive Income                                HTML    160K 
28: R14         Changes in Equity                                   HTML     62K 
29: R15         Significant Operating and Nonoperating Items        HTML     34K 
30: R16         Productivity, Integration and Restructuring         HTML     48K 
                Initiatives                                                      
31: R17         Pension and Other Postretirement Benefit Plans      HTML     51K 
32: R18         Income Taxes                                        HTML     52K 
33: R19         Fair Value Measurements                             HTML    140K 
34: R20         Operating Segments                                  HTML    128K 
35: R21         Summary of Significant Accounting Policies          HTML     50K 
                Significant Accounting Policies (Policies)                       
36: R22         Acquisitions and Divestitures Acquisitions and      HTML     65K 
                Divestitures (Tables)                                            
37: R23         Investments (Tables)                                HTML     93K 
38: R24         Inventories (Tables)                                HTML     29K 
39: R25         Hedging Transactions and Derivative Financial       HTML    174K 
                Instruments (Tables)                                             
40: R26         Comprehensive Income (Tables)                       HTML    165K 
41: R27         Changes in Equity (Tables)                          HTML     57K 
42: R28         Productivity, Integration and Restructuring         HTML     39K 
                Initiatives (Tables)                                             
43: R29         Pension and Other Postretirement Benefit Plans      HTML     48K 
                (Tables)                                                         
44: R30         Income Taxes (Tables)                               HTML     45K 
45: R31         Fair Value Measurements (Tables)                    HTML    128K 
46: R32         Operating Segments (Tables)                         HTML    109K 
47: R33         Summary of Significant Accounting Policies          HTML     33K 
                Hyperinflationary Economies (Details)                            
48: R34         Summary of Significant Accounting Policies          HTML     25K 
                Recently Issued Accounting Guidance (Details)                    
49: R35         Acquisitions and Divestitures (Details)             HTML    160K 
50: R36         Investments (Details)                               HTML     32K 
51: R37         Investments (Details 2)                             HTML     37K 
52: R38         Investments (Details 4)                             HTML     49K 
53: R39         Investments (Details 5)                             HTML     60K 
54: R40         Inventories (Details)                               HTML     31K 
55: R41         Hedging Transactions and Derivative Financial       HTML    111K 
                Instruments (Details)                                            
56: R42         Hedging Transactions and Derivative Financial       HTML    118K 
                Instruments (Details 2)                                          
57: R43         Commitments and Contingencies (Details)             HTML     36K 
58: R44         Comprehensive Income (Details)                      HTML    255K 
59: R45         Changes in Equity (Details)                         HTML     67K 
60: R46         Significant Operating and Nonoperating Items        HTML     68K 
                (Details)                                                        
61: R47         Productivity, Integration and Restructuring         HTML     49K 
                Initiatives (Details)                                            
62: R48         Pension and Other Postretirement Benefit Plans      HTML     52K 
                (Details)                                                        
63: R49         Income Taxes (Details)                              HTML     90K 
64: R50         Fair Value Measurements (Details)                   HTML     76K 
65: R51         Fair Value Measurements (Details 2)                 HTML     32K 
66: R52         Fair Value Measurements (Details 3)                 HTML     25K 
67: R53         Operating Segments (Details)                        HTML    104K 
69: XML         IDEA XML File -- Filing Summary                      XML    119K 
68: EXCEL       IDEA Workbook of Financial Reports                  XLSX     92K 
 9: EX-101.INS  XBRL Instance -- ko-20160401                         XML   3.07M 
11: EX-101.CAL  XBRL Calculations -- ko-20160401_cal                 XML    199K 
12: EX-101.DEF  XBRL Definitions -- ko-20160401_def                  XML    864K 
13: EX-101.LAB  XBRL Labels -- ko-20160401_lab                       XML   1.77M 
14: EX-101.PRE  XBRL Presentations -- ko-20160401_pre                XML    990K 
10: EX-101.SCH  XBRL Schema -- ko-20160401                           XSD    180K 
70: ZIP         XBRL Zipped Folder -- 0000021344-16-000059-xbrl      Zip    286K 


‘EX-10.8’   —   Material Contract


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 <!   C:   C: 
  Exhibit  
Exhibit 10.8


[Letterhead of The Coca-Cola Company]

 
COCA-COLA PLAZA
ATLANTA, GEORGIA
 
CHAIRMAN AND CHIEF EXECUTIVE OFFICER
 
                                          ADDRESS REPLY TO:
                                      P.O. BOX 1734
THE COCA-COLA COMPANY
 
                                          ATLANTA, GA 30301
 
 
                                             __________
 
 
                                            404 676-4082
                                            FAX: 404 676-7721



February 17, 2016

Charles Brent Hastie
Atlanta, Georgia


Dear Brent,

We are delighted to confirm your promotion as SVP, Strategic Planning, to Job Grade 20, with an effective date of January 1, 2016. You will continue to report to me. The information contained in this letter provides details of your promotion.

Your principal place of assignment will continue to be Atlanta, Georgia.

Your annual base salary will be $530,000. This amount is inclusive of your 2016 merit increase.

You will continue to be eligible to participate in the annual Performance Incentive Plan. The target annual incentive for a Job Grade 20 is 85% of annual base salary. The actual amount of an incentive award may vary and is based on individual performance and the financial performance of the Company. Awards are made at the discretion of the Compensation Committee of the Board of Directors based upon recommendations by Senior Management.  The plan may be modified from time to time.

You will continue to be eligible to participate in The Coca-Cola Company’s Long-Term Incentive program. Awards are made at the discretion of the Compensation Committee of the Board of Directors based upon recommendations by Senior Management. You will be eligible to receive long-term incentive awards within guidelines for the job grade assigned to your position and based upon your personal performance, Company performance, and leadership potential to add value to the Company in the future. As a discretionary program, the award timing, frequency, size and mix of award vehicles are variable.

You are expected to continue to acquire and maintain share ownership at a level equal to two times your base salary. As part of the Company’s ownership expectations, you have until



Charles Brent Hastie
February 17, 2016
Page 2




December 31, 2018 to achieve this level of ownership. You will be asked to provide information in December each year on your progress toward your ownership goal, and that information will be reviewed with the Compensation Committee of the Board of Directors the following February.

You will continue to be eligible for the Company’s Financial Planning and Counseling program which provides reimbursement of certain financial planning and counseling services, up to $10,000 annually at Job Grade 20, subject to taxes and withholding.
You will continue to be eligible for the Emory Executive Health benefit which includes a comprehensive physical exam and one-on-one medical and lifestyle management consultation.

This letter is provided as information and does not constitute an employment contract.

Brent, I feel certain that you will continue to find challenge, satisfaction and opportunity in this role and as we continue our journey toward the 2020 Vision.


Sincerely,


/s/ Muhtar Kent
c:    Ceree Eberly
Shane Smith
Executive Compensation
GBS Executive Services

I, Charles Brent Hastie, accept this offer:



Signature     /s/ Charles Brent Hastie            


Date:         February 25, 2016                




Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
12/31/1810-K,  11-K,  4
Filed on:4/28/16CORRESP
For Period end:4/1/164
2/25/1610-K,  4
2/17/168-K
1/1/163
 List all Filings 


4 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/20/24  Coca-Cola Co.                     10-K       12/31/23  162:25M
 2/21/23  Coca-Cola Co.                     10-K       12/31/22  150:26M
 2/22/22  Coca-Cola Co.                     10-K       12/31/21   99:25M
 2/25/21  Coca-Cola Co.                     10-K       12/31/20  108:26M
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Filing Submission 0000021344-16-000059   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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