Common use of Local Innovation Clause in Contracts

Local Innovation. a. Primary packaging local innovation requests will go through Company’s commercialization process, as described in Exhibit G, as updated from time to time by Company in its sole discretion. b. If a local innovation request has Secondary and Tertiary Packaging changes and the request calls for graphics changes, the local innovation execution process for the graphics changes will be the same as set forth in Subsection 18(a) hereof. In all other respects, the approval process for a local innovation request relating to Secondary or Tertiary Packaging will be as set forth below: i. Within one business day of a request from Bottler, CCR will inform Bottler whether CCR has the capability to provide the requested local innovation; provided, however, that this response will not constitute a commitment by CCR to proceed with the local innovation request. ii. If CCR indicates that it does have the capability and capacity to supply the requested local innovation, then within three (3) business days of a written request from Bottler in the form attached as Exhibit H, CCR will inform Bottler of the price of such requested local innovation within an expected range of +/- 40% accuracy. iii. Within twenty (20) business days of a written request from Bottler in the form attached as Exhibit H, CCR will inform Bottler in writing of the actual price, delivery dates and projected production quantities for the requested local innovation. If within twenty (20) business days following such written notice, Bottler accepts such price and delivery dates set forth in the notice and agrees to purchase all or a portion of such quantities set forth in such notice, CCR shall be obligated to produce and deliver such quantities at the price and dates set forth in the notice.

Local Innovation. a. Primary packaging local innovation requests will go through Company’s commercialization process, as described in Exhibit G, as updated from time to time by Company in its sole discretion.. [Exhibit G describes Company’s “stages and gates” commercialization process as of effective date of this Agreement] b. If a local innovation request has Secondary and Tertiary Packaging changes and the request calls for graphics changes, the local innovation execution process for the graphics changes will be the same as set forth in Subsection 18(a) hereof. In all other respects, the approval process for a local innovation request relating to Secondary or Tertiary Packaging will be as set forth below: i. Within one business day of a request from BottlerCCR, CCR Bottler will inform CCR whether Bottler whether CCR has the capability to provide the requested local innovation; provided, however, that this response will not constitute a commitment by CCR Bottler to proceed with the local innovation request. ii. If CCR Bottler indicates that it does have the capability and capacity to supply the requested local innovation, then within three (3) business days of a written request from Bottler CCR in the form attached as Exhibit H, CCR Bottler will inform Bottler CCR of the price of such requested local innovation within an expected range of +/- 40% accuracy. iii. Within twenty (20) business days of a written request from Bottler CCR in the form attached as Exhibit H, CCR Bottler will inform Bottler CCR in writing of the actual price, delivery dates and projected production quantities for the requested local innovation. If within twenty (20) business days following such written notice, Bottler CCR accepts such price and delivery dates set forth in the notice and agrees to purchase all or a portion of such quantities set forth in such notice, CCR Bottler shall be obligated to produce and deliver such quantities at the price and dates set forth in the notice.