Common use of Policy Statement Clause in Contracts

Policy Statement. The grant of Options made under the Plan is unilateral and discretionary and, therefore, KO reserves the absolute right to amend it and discontinue it at any time without any liability. KO with registered offices at Xxx Xxxx-Xxxx Xxxxx, Xxxxxxx Xxxxxxx, 00000, Xxxxxx Xxxxxx xx Xxxxxxx, is solely responsible for the administration of the Plan and participation in the Plan and the acquisition of shares of KO Stock does not, in any way, establish an employment relationship between the optionee and KO since the optionee is participating in the Plan on a wholly commercial basis and the optionee’s sole employer is Servicios Integrados de Administración y Alta Gerencia S. de X.X. de C.V., nor does it establish any rights between the optionee and the Employer. By accepting the grant of Options, the optionee acknowledges that the optionee has received copies of the Plan, has reviewed the Plan and the Agreement in their entirety and fully understands and accepts all provisions of the Plan and the Agreement. In addition, by signing the Agreement, the optionee further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in Section 11 of the Agreement (“Nature of Grant”), in which the following is clearly described and established: (i) participation in the Plan does not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by KO on a wholly discretionary basis; (iii) participation in the Plan is voluntary; and (iv) none of the Affiliates or KO is responsible for any decrease in the value of the shares of KO Stock underlying the Options. Finally, the optionee hereby declares that the optionee does not reserve any action or right to bring any claim against KO for any compensation or damages as a result of the optionee’s participation in the Plan and therefore grant a full and broad release to the Employer, KO and any Affiliates with respect to any claim that may arise under the Plan.

Policy Statement. The grant of Options made invitation the Company is making under the Plan is unilateral and discretionary and, therefore, KO the Company reserves the absolute right to amend it and discontinue it at any time without any liability. KO The Company, with registered offices at Xxx Xxxx-Xxxx Xxxxx0000 Xxxxxxxxxxxx Xxxxxx, Xxxxxxx XxxxxxxXX, Xxxxx 000X, Xxxxxxxxxx, X.X., 00000, Xxxxxx Xxxxxx xx Xxxxxxxof America, is solely responsible for the administration of the Plan and participation in the Plan and and, in Participant’ case, the acquisition of shares of KO Stock Shares does not, in any way, way establish an employment relationship between Participant and the optionee and KO Company since the optionee Participant is participating in the Plan on a wholly commercial basis and the optionee’s sole employer is Servicios Integrados de Administración y Alta Gerencia S. de X.X. de C.V.the Subsidiary employing Participant, as applicable, nor does it establish any rights between the optionee Participant and the Employer. By accepting the grant of OptionsRSU award, the optionee Participant acknowledges that the optionee he or she has received copies of the Plan, has reviewed the Plan and the Agreement in their entirety and fully understands and accepts all provisions of the Plan and the Agreement. In addition, by signing the Agreement, the optionee Participant further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in the Nature of RSUs, Section 11 15 of the Agreement (“Nature of Grant”)Agreement, in which the following is clearly described and established: (i) participation in the Plan does not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by KO the Company on a wholly discretionary basis; (iii) participation in the Plan is voluntary; and (iv) none of the Affiliates or KO is Company and its Subsidiaries are not responsible for any decrease in the value of the shares of KO Stock Shares underlying the OptionsRSUs. Finally, the optionee Participant hereby declares that the optionee he or she does not reserve any action or right to bring any claim against KO the Company for any compensation or damages as a result of the optionee’s participation in the Plan and therefore grant grants a full and broad release to the Employer, KO Employer and any Affiliates the Company and its Subsidiaries with respect to any claim that may arise under the Plan.

Policy Statement. The grant of Options made invitation the Company is making under the Plan is unilateral and discretionary and, therefore, KO the Company reserves the absolute right to amend it and discontinue it at any time without any liability. KO The Company, with registered offices at Xxx Xxxx-Xxxx Xxxxx0000 Xxxxxxxxxxxx Xxxxxx, Xxxxxxx XxxxxxxXX, Xxxxx 000X, Xxxxxxxxxx, X.X., 00000, Xxxxxx Xxxxxx xx Xxxxxxx, is solely responsible for the administration of the Plan and participation in the Plan and and, in Optionee’ case, the acquisition of shares of KO Stock Shares does not, in any way, way establish an employment relationship between Optionee and the optionee and KO Company since the optionee Optionee is participating in the Plan on a wholly commercial basis and the optionee’s sole employer is Servicios Integrados de Administración y Alta Gerencia S. de X.X. de C.V.the Subsidiary employing Optionee, as applicable, nor does it establish any rights between the optionee Optionee and the Employer. By accepting the grant of OptionsOption grant, the optionee Optionee acknowledges that the optionee he or she has received copies of the Plan, has reviewed the Plan and the Agreement in their entirety and fully understands and accepts all provisions of the Plan and the Agreement. In addition, by signing the Agreement, the optionee Optionee further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in Section 11 of the Agreement (“Nature of Grant”), Section 18 of the Agreement, in which the following is clearly described and established: (i) participation in the Plan does not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by KO the Company on a wholly discretionary basis; (iii) participation in the Plan is voluntary; and (iv) none of the Affiliates or KO is Company and its Subsidiaries are not responsible for any decrease in the value of the shares of KO Stock Shares underlying the OptionsOption. Finally, the optionee Optionee hereby declares that the optionee he or she does not reserve any action or right to bring any claim against KO the Company for any compensation or damages as a result of the optionee’s participation in the Plan and therefore grant grants a full and broad release to the Employer, KO Employer and any Affiliates the Company and its Subsidiaries with respect to any claim that may arise under the Plan.

Policy Statement. The grant of Options made invitation the Company is making under the Plan is unilateral and discretionary and, therefore, KO the Company reserves the absolute right to amend it and discontinue it at any time without any liability. KO The Company, with registered offices at Xxx Xxxx-Xxxx Xxxxx0000 Xxxxxxxxxxxx Xxxxxx, Xxxxxxx XxxxxxxXX, Xxxxx 000X, Xxxxxxxxxx, X.X., 00000, Xxxxxx Xxxxxx xx Xxxxxxxof America, is solely responsible for the administration of the Plan and participation in the Plan and and, in Participant’ case, the acquisition of shares of KO Stock Shares does not, in any way, way establish an employment relationship between Participant and the optionee and KO Company since the optionee Participant is participating in the Plan on a wholly commercial basis and the optionee’s sole employer is Servicios Integrados de Administración y Alta Gerencia S. de X.X. de C.V.the Subsidiary employing Participant, as applicable, nor does it establish any rights between the optionee Participant and the Employer. By accepting the grant of OptionsPSU award, the optionee Participant acknowledges that the optionee he or she has received copies of the Plan, has reviewed the Plan and the Agreement in their entirety and fully understands and accepts all provisions of the Plan and the Agreement. In addition, by signing the Agreement, the optionee Participant further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in the Nature of PSUs, Section 11 15 of the Agreement (“Nature of Grant”)Agreement, in which the following is clearly described and established: (i) participation in the Plan does not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by KO the Company on a wholly discretionary basis; (iii) participation in the Plan is voluntary; and (iv) none of the Affiliates or KO is Company and its Subsidiaries are not responsible for any decrease in the value of the shares of KO Stock Shares underlying the OptionsPSUs. Finally, the optionee Participant hereby declares that the optionee he or she does not reserve any action or right to bring any claim against KO the Company for any compensation or damages as a result of the optionee’s participation in the Plan and therefore grant grants a full and broad release to the Employer, KO Employer and any Affiliates the Company and its Subsidiaries with respect to any claim that may arise under the Plan.

Policy Statement. The grant of Options made under the Plan is unilateral and discretionary and, therefore, KO reserves the absolute right to amend it and discontinue it at any time without any liability. KO with registered offices at Xxx Onx Xxxx-Xxxx Xxxxx, Xxxxxxx Xxxxxxx, 00000, Xxxxxx Xxxxxx xx Xxxxxxx, is solely responsible for the administration of the Plan and participation in the Plan and the acquisition of shares of KO Stock does not, in any way, establish an employment relationship between the optionee and KO since the optionee is participating in the Plan on a wholly commercial basis and the optionee’s sole employer is Servicios Integrados de Administración y Alta Gerencia S. de X.X. de C.V., nor does it establish any rights between the optionee and the Employer. By accepting the grant of Options, the optionee acknowledges that the optionee has received copies of the Plan, has reviewed the Plan and the Agreement in their entirety and fully understands and accepts all provisions of the Plan and the Agreement. In addition, by signing the Agreement, the optionee further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in Section 11 of the Agreement (“Nature of Grant”), in which the following is clearly described and established: (i) participation in the Plan does not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by KO on a wholly discretionary basis; (iii) participation in the Plan is voluntary; and (iv) none of the Affiliates or KO is responsible for any decrease in the value of the shares of KO Stock underlying the Options. Finally, the optionee hereby declares that the optionee does not reserve any action or right to bring any claim against KO for any compensation or damages as a result of the optionee’s participation in the Plan and therefore grant a full and broad release to the Employer, KO and any Affiliates with respect to any claim that may arise under the Plan.