Coca Cola 2015 Annual Report Download - page 177
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Subsidiary shall mean any corporation not less than 80% of whose voting stock or ownership interest (not including shares having
voting power only upon the happening of an event of default) is at the time owned, directly or indirectly, by the Company.
ARTICLE II
ELIGIBILITY AND APPROVAL FOR PARTICIPATION
1. Each Employee of the Company or of any Subsidiary who has performed International Service shall become a Member of this
Plan as of the date upon which all the following conditions shall be met:
a. Citizenship: He shall not be a citizen of the United States.
b. International Service: He shall, on such date, be engaged in International Service working in a country other than his
home location on a mobile assignment.
c. He is employed 1) under the terms and conditions of the Global Mobility Long Term Assignment Policy on a
headquarters or host-based assignment, 2) under the terms of the International Service Program, or 3) as an International
Auditor.
d. He shall not be a participant in any plan qualified pursuant to Section 401(k) of the Code.
2. A Member shall continue to participate in the Plan until the earliest of: i) the date any of the conditions in Section 2.1 is no
longer satisfied; ii) has a Separation from Service; or iii) is ineligible for continued participation under guidelines established by
the Committee.
ARTICLE III
PLAN ACCOUNTS AND CONTRIBUTIONS
1. Each Member shall have an Account administered in his name by the Plan Sponsor. Such Account shall be a bookkeeping
entry only and no assets shall be placed in the Member’s name.
2. Each Account shall be credited with hypothetical contributions allocated to such Account in accordance with Subsection 3.3
below and credited with hypothetical interest credits as provided in Subsection 3.5 below. Such an Account shall be maintained
for a Member until the value of all hypothetical contributions or interest has been distributed to or on behalf of the Member.
3. Except as provided in Section 3.4, and unless the Member is no longer eligible for contributions, the Plan Sponsor shall credit
to each Member’s Account a hypothetical contribution equal to not more than 10% of the Member’s Compensation paid during
each month. If Compensation is denominated in a