COCA COLA ENTERPRISES INC
2003 SPECIAL RESTRICTED STOCK AWARD TO JOHN R. ALM
<DOCUMENT>
<TYPE>EX-10.26
<SEQUENCE>15
<FILENAME>dex1026.htm
<DESCRIPTION>2003 SPECIAL RESTRICTED STOCK AWARD TO JOHN R. ALM
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<TITLE>2003 Special Restricted Stock Award to John R. Alm</TITLE>
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<P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B>EXHIBIT 10.26
</B></FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B>COCA-COLA ENTERPRISES INC. </B></FONT></P><P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B>2003 Restricted Stock Award </B></FONT></P><P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="7%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">TO&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;:</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">John R. Alm </FONT></TD></TR></TABLE><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="7%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">DATE:</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">February 2003 </FONT></TD></TR></TABLE><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="ARIAL" SIZE="2" COLOR="#000000">Coca-Cola Enterprises (the &#147;Company&#148;) has made an award of restricted stock in 2003 to reward the efforts, and encourage the continued services, of certain of the Company&#146;s key employees. We are
pleased to advise you that you have been awarded <B>140,000 </B>shares of restricted stock, subject to the terms and conditions explained below. </FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">1.</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B>Restricted Stock Award.</B>&nbsp;&nbsp;&nbsp;&nbsp;A share of restricted stock represents an actual share of common stock of the Company. The ownership of your restricted
stock will be recorded in your name in the Company&#146;s share- owner records once you mail or fax the signed copy of the enclosed Stock Power to the Company, as provided in Paragraph 9, below. </FONT></TD></TR></TABLE><P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">2.</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B>Ownership Rights.</B>&nbsp;&nbsp;&nbsp;&nbsp;As of the date this award is recorded, you will have the rights of ownership with respect to the shares, except such shares
cannot be sold, pledged or transferred until the restrictions are removed. These shares are, however, subject to forfeiture, as described in this award document. </FONT></TD></TR></TABLE><P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">As long as you own the shares, you are entitled to vote shares of restricted stock and to receive any dividends paid on
the shares. <I>(You may contact Shareowner Relations at (770) 989-3796 if you wish to have these dividends applied to purchase additional shares of the Company&#146;s stock through the Company&#146;s Dividend Reinvestment Plan.)</I> </FONT></P><P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">3.</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B>Vesting.</B>&nbsp;&nbsp;&nbsp;&nbsp;The restrictions on your ownership of these shares will be removed, and your share certificate will be delivered to you, when this award
vests. The shares in this award vest as of the date both the performance condition and the continued service condition are satisfied. </FONT></TD></TR></TABLE><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">a<I>.</I></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><I></I><B></B><B><I>Performance Condition.</I></B><B>&nbsp;&nbsp;&nbsp;&nbsp;</B><I></I>The market value of the Company&#146;s stock averages $24.1494 over 20 consecutive
trading days, which average market value represents a 10% increase from $21.9450, the market value of the Company&#146;s stock on February 3, 2003, the date this award was authorized. </FONT></TD></TR></TABLE><P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">b.<B><I></I></B></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B><I>Continued Service Condition.</I></B>&nbsp;&nbsp;&nbsp;&nbsp;On February 3, 2008, five years from the date the award was authorized, if you are continuously employed by
the Company or an Affiliated Company until that date. </FONT></TD></TR></TABLE><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">c.</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B><I>Accelerated Vesting.</I></B>&nbsp;&nbsp;&nbsp;&nbsp;One-hundred percent (100%) of this award will vest in the event of your termination of employment on account of your
death or disability. </FONT></TD></TR></TABLE><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">4.<B></B></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B>Effect of Termination of Employment.</B>&nbsp;&nbsp;&nbsp;&nbsp;If your employment with the Company or an Affiliated Company terminates prior to February 3, 2008, on
account of any reason other than your death or disability, one-hundred percent (100%) of this award will be forfeited as of the date of your termination. Notwithstanding the foregoing, you will be treated as being in continuous employment with the
Company if your termination is on account of your retirement and you satisfy both the following requirements: </FONT></TD></TR></TABLE><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">a.</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">Prior to your retirement, you enter into an agreement with the Company that requires you provide consulting services through February 3, 2008, and you remain in compliance
with such agreement through that date, and </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"></TD></TR></TABLE><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>



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<P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">b.</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">At the time of your retirement, you enter into an agreement with the Company that requires you to not compete with the Company through February 3, 2008, and you remain in
compliance with such agreement through that date. </FONT></TD></TR></TABLE><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">5.<B></B></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B>Effect of a Change in Control of the Company.</B>&nbsp;&nbsp;&nbsp;&nbsp;In the event of a Change in Control of the Company during your employment and prior to February 3,
2007, one-hundred percent (100%) of this award will vest immediately. </FONT></TD></TR></TABLE><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">6.</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B>Definitions.</B>&nbsp;&nbsp;&nbsp;&nbsp;For purposes of this award: </FONT></TD></TR></TABLE><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">a.</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">&#147;Market Value&#148; shall be the average of the high and low trading prices on the applicable trading day or on the next proceeding trading day, if such date is not a
trading day, as reported on the New York Stock Exchange Composite Transactions listing. </FONT></TD></TR></TABLE><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">b.</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">&#147;Disability&#148; shall be determined according to the definition of &#147;disability,&#148; in effect at the time of the determination, in the Coca-Cola Enterprises Inc.
Employees&#146; Pension Plan. </FONT></TD></TR></TABLE><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">c.</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">&#147;Affiliated Company&#148; includes The Coca-Cola Company and any company of which the Company or The Coca-Cola Company owns at least 20% of the voting stock or capital if
(1) such company is a party to an agreement that provides for continuation of certain employee benefits upon immediate employment with such company and (2) the Company agrees to this subsequent employment. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">d.</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">&#147;Retirement&#148; means an optionee&#146;s voluntary termination of employment on or after the earliest date on which such optionee would be eligible for an immediately
payable benefit under the Coca-Cola Enterprises Inc. Employees&#146; Pension Plan. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">e.</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">&#147;Change in Control&#148; shall be deemed to have occurred under any of the circumstances described below in subparagraphs (i) through (iv): </FONT></TD></TR></TABLE><P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">(i)&nbsp;&nbsp;If</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">any &#147;person&#148;, except for: </FONT></TD></TR></TABLE><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:13%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">the Company or any subsidiary of the Company; </FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:13%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">a trustee or other entity holding securities under any employee benefit plan of the Company or any subsidiary of the Company; and </FONT></P><P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px; margin-left:13%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">The Coca-Cola Company, but only to the extent of its &#147;current
ownership&#148; </FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">is or becomes the &#147;beneficial
owner&#148; directly or indirectly, of securities of the Company representing more than 20% of the combined total voting power of the Company&#146;s then-outstanding securities. </FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><I>As used in this definition of &#147;change in control&#148; </I></FONT></P><P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><I>&#147;person&#148; is used as defined in Sections 13(d) and 14(d) of
the Securities Exchange Act of 1934 (as amended); </I></FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="ARIAL" SIZE="2"
COLOR="#000000"><I>&#147;beneficial owner&#148; is used as defined in Rule 13d-3 of the Securities Exchange Act of 1934 (as amended), and </I></FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><I>&#147;current ownership&#148; of The Coca-Cola Company means that entity&#146;s direct and indirect beneficial ownership of no more than an
aggregate of 168,956,718 shares of the Company&#146;s common stock (including shares of the Company&#146;s common stock issuable upon the exercise, exchange or conversion of securities exercisable or exchangeable for, or convertible into, shares of
the Company&#146;s common stock), the aggregate number being subject to adjustment for subsequent stock splits or dividends payable in stock that are applicable to all shares of the Company&#146;s common stock. </I></FONT></P><P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">(ii)&nbsp;&nbsp;If during any period of two consecutive
years, </FONT></P><P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px; margin-left:13%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">the individuals constituting the Board of
Directors of the Company at the beginning of the two-year period; and </FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>



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<P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px; margin-left:13%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">any new Director
&#151; except for a director designated by a person who has entered into an agreement with the Company to effect a &#147;change in control&#148; described in (a), (c) or (d)&#151;whose election by the Board or nomination for election by the
Company&#146;s shareowners was approved by a vote of at least two-thirds of the Directors then still in office who were either directors at the beginning of the two-year period or whose election or nomination for election was previously so approved
</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">cease for any reason to constitute at
least a majority of the Board. </FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">(iii) If the shareholders
of the Company approve a merger, consolidation or share exchange with any other &#147;person&#148;, other than: </FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:13%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">a merger, consolidation or share exchange that would result in the voting securities of the Company outstanding immediately prior to such event
continuing to represent (either by remaining outstanding or being converted into voting securities of either </FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:17%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">(A)&nbsp;&nbsp;the surviving entity or </FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:17%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">(B)&nbsp;&nbsp;another entity that owns, directly or indirectly, the entire voting interest in the surviving entity (the &#147;parent&#148;))
</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px; margin-left:13%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">more than 50% of the voting power of the voting
securities of the Company or the surviving entity (or its &#147;parent&#148;) outstanding immediately after such event; or </FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:13%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">a merger or consolidation effected to implement a recapitalization of the Company in which no &#147;person&#148; acquires more than 30% of the
combined voting power of the Company&#146;s then-outstanding securities; </FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="ARIAL" SIZE="2"
COLOR="#000000">then, a &#147;change in control&#148; shall have occurred immediately prior to such merger, consolidation or share exchange. </FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">(iv)&nbsp;&nbsp;The shareholders of the Company approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by
the Company of all or substantially all of the Company&#146;s assets (or any transaction having a similar effect). </FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">7.<B></B></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B>Acceptance of this Award.</B>&nbsp;&nbsp;&nbsp;&nbsp;Your execution and return of the enclosed Stock Power indicates your acceptance of this award and the terms and
conditions described in this award document. </FONT></TD></TR></TABLE><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">8.<B></B></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B>Tax Obligations</B><I>. </I>The information provided in the Exhibit summarizes the tax consequences associated with the transfer of restricted stock. As you will wish to
consider these tax rules in conjunction with your own financial situation, the Company recommends that you consult your financial advisor about these tax rules. </FONT></TD></TR></TABLE><P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P><P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">By accepting this award, you are agreeing to be responsible for any required minimum tax withholding obligations that
may occur when your shares vest. In the event you have not satisfied these tax obligations before the Company must forward them to the appropriate tax authorities, the Company may take any of the following actions: withhold from your award the
number of shares necessary to satisfy the tax obligations, retain custody of your shares until you have reimbursed the Company for the amounts paid on your behalf, or take deductions from any kind or payment otherwise due you until the tax
obligations satisfied. </FONT></P><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
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<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">9.</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B>Plan Administration.&nbsp;&nbsp;&nbsp;&nbsp;</B>The Company is the administrator of the Plan, whose function is to ensure the Plan is managed according to its respective
terms and conditions. A request for a copy of the Plan and any questions pertaining to the Plan should be directed to: </FONT></TD></TR></TABLE><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:21%; text-indent:4%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">COCA-COLA ENTERPRISES INC. </FONT></P><P STYLE="margin-top:0px;margin-bottom:0px; margin-left:21%; text-indent:4%"><FONT
FACE="ARIAL" SIZE="2" COLOR="#000000">STOCK PLAN ADMINISTRATOR </FONT></P><P STYLE="margin-top:0px;margin-bottom:0px; margin-left:21%; text-indent:4%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">P.O. BOX 723040 </FONT></P><P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:21%; text-indent:4%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">USA, ATLANTA, GA 31139-0040 </FONT></P><P STYLE="margin-top:0px;margin-bottom:0px; margin-left:21%; text-indent:4%"><FONT
FACE="ARIAL" SIZE="2" COLOR="#000000">(Phone) 770-989-3000 </FONT></P><P STYLE="margin-top:0px;margin-bottom:0px; margin-left:21%; text-indent:4%"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">(Fax) 770-989-3597 </FONT></P><P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>



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<P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
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<TD WIDTH="16%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B>EXHIBIT:</B></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B></B>Federal Income Tax Consequences, ERISA, Restrictions on Resales of Stock and Incorporation of Certain Documents by Reference </FONT></TD></TR></TABLE><P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
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<TD WIDTH="16%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B>ENCLOSURE:</B></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">Stock Power </FONT></TD></TR></TABLE><P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>


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