Coca Cola 2015 Annual Report Download - page 178

Download and view the complete annual report

Please find page 178 of the 2015 Coca Cola annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 220

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220

currency other than U.S. dollars, an equivalent amount in U.S. dollars, using a conversion method determined by the
Administrator, shall be used.
4. Any Company Core Contribution in excess of 10% must be approved by the Committee or the Global Head of Total Rewards,
or the person with similar title and responsibilities within 60 days of the Members’ first day of eligibility for the Plan; otherwise,
the Company Core Contribution shall remain at or below 10%.
5. A Member’s Account will be credited with an Interest Credit at the end of each month in a Plan Year. The Interest Credit shall
equal the product of the Annual Interest Rate for the Plan Year (expressed as a monthly prorated rate) and the balance of the
Member’s Account as of the first day of each month of such Plan Year. For example, the Annual Interest Rate for the Plan
Year beginning January 1, 2012 and ending December 31, 2012, prorated monthly, will be multiplied by the Member’s
Account as of January 1, 2012. The Interest Credit in this example would be credited to the Member’s Account as of January
31, 2012.
No additional Interest Credits shall be added to the Member’s Account on or after the Member’s Separation from Service.
ARTICLE IV
VESTING
1. The Member shall be 100% vested in the Company Core Contribution under the Plan at all times. A Member shall be vested in
his Company Discretionary Contribution Subaccount(s) as follows:
a. In the case of his Company Discretionary Contribution, in accordance with any schedule that the Company or the
Compensation Committee, where applicable, establishes with respect to his Company Discretionary Contribution,
provided that the vesting period for Company Discretionary Contributions shall be at least 12 months.
b. In the case of his Company Discretionary Early Retirement Contribution, the earliest of 1) on the Member’s Earliest
Retirement Date as that term is defined in the ORP, and 2) December 31, 2021.
c. In the case of his Company Discretionary Early Retirement Sweepback Contribution, the later of 1) the date he satisfies
the vesting requirements in Section 4.1(b) and 2) the date he satisfies the vesting requirements in Section 4.1(d). If one
or both of these vesting requirements is not met, then the Company Discretionary Early Retirement Sweepback
Contribution is forfeited.
d. In the case of his Company Discretionary Sweepback Contribution, on the date on which the Member completes four
years of International Service. If the Member cases to satisfy any of the conditions in Section 2.1 before attaining four
years of International Service, then the Company Discretionary Sweepback Contribution is forfeited.