FIRST AMENDMENT TO NATIONAL PRODUCT SUPPLY GOVERNANCE AGREEMENT

Exhibit 10.17

CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETED ASTERISKS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.

FIRST AMENDMENT TO

NATIONAL PRODUCT SUPPLY GOVERNANCE AGREEMENT

This First Amendment to National Product Supply Governance Agreement (this “Amendment”) is adopted and effective as of October 26, 2018 (the “Effective Date”) by The Coca‑Cola Company, a Delaware corporation acting by and through its Coca-Cola North America Division, and each of the other members of the Coca‑Cola National Product Supply Group (the “NPSG”). Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed thereto in that certain National Product Supply Governance Agreement (the “National Product Supply Governance Agreement”), by and among the members of the NPSG, including those party by joinder.

WHEREAS, the National Product Supply Governance Agreement includes certain National Product Supply System governance processes and principles set forth in Schedule 1 attached thereto (the “Charter”); and

WHEREAS, the members of the NPSG desire to amend the National Product Supply Governance Agreement as set forth herein.

NOW, THEREFORE, in consideration of these promises and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged:

1. The National Product Supply Governance Agreement is hereby amended by deleting the provision of the Charter entitled “Creation of New NPS Legal Entity” and replacing it with the following:

Creation of New NPS Legal Entity The Board may separately decide, at a future date (but no sooner than January 1, 2018), to form a separate legal entity to carry out the functions performed by NPSG. [***]. The details regarding this entity, including its legal structure, finances, governance, etc., will be agreed by the Board at the time of the formation of the separate entity.

[***] – THIS CONFIDENTIAL INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

2. The National Product Supply Governance Agreement is hereby further amended by deleting items (6) and (7) of the provision of the Charter entitled “Voting; Extraordinary Matters” and replacing item (6) with the following:

(6) [***].

3.The National Product Supply Governance Agreement is hereby further amended by adding the following new provision to the Charter immediately following the provision of the Charter entitled “Confidentiality”:

Charter Amendments This Charter may only be amended or modified by a written instrument, signed by each member of the NPSG that has a right to designate a member of the Board, that states that it is an amendment or modification and refers specifically to the provisions of this Charter to be so amended or modified.

4.The National Product Supply Governance Agreement is hereby further amended by replacing, in Attachment 1 to the Charter, the reference to [***].

5.Other than as expressly amended by this Amendment, the National Product Supply Governance Agreement will continue in effect in accordance with its terms.

6.This Amendment shall be governed by and construed in accordance with the laws of the State of Georgia, without regard to principles of conflict of laws.

7.This Amendment may be signed in counterparts, which together shall constitute one agreement.

[Signature Pages Follow]

2

[***] – THIS CONFIDENTIAL INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.

IN WITNESS WHEREOF, the undersigned, constituting each of the members of the NPSG, have caused this Amendment to be executed by their duly authorized representatives as of the date first written above.

	THE COCA-COLA COMPANY
	By and Through Its Coca‑Cola North America Division
	By:		/s/ Xxxxx X. Xxxx
	Name:		Xxxxx X. Xxxx
	Title:		Vice President, Franchise Operations and Bottler Capability
	COCA-COLA BOTTLING CO. CONSOLIDATED
	By:		/s/ Xxxxx X. Xxxx
	Name:		Xxxxx X. Xxxx
	Title:		Executive Vice President
	COCA-COLA BOTTLING COMPANY UNITED, INC.
	By:		/s/ Xxxxxxx X. Xxxxxxxxx
	Name:		Xxxxxxx X. Xxxxxxxxx
	Title:		Vice President
	SWIRE PACIFIC HOLDINGS INC. D/B/A SWIRE COCA‑COLA, USA
	By:		/s/ Xxxx Xxxxxxx
	Name:		Xxxx Xxxxxxx
	Title:		Vice President

[Signatures Continue on the Following Page]

Signature Page to First Amendment to National Product Supply Governance Agreement

	COCA‑COLA BEVERAGES FLORIDA, LLC
	By:		/s/ Xxxxxxx Xxxx
	Name:		Xxxxxxx Xxxx
	Title:		Senior Vice President, General Counsel
	GREAT LAKES COCA-COLA DISTRIBUTION, L.L.C.
	By:		/s/ Xxxx Xxxxxxx
	Name:		Xxxx Xxxxxxx
	Title:		Chief Executive Officer
	MIDWEST REGIONAL PRODUCT SUPPLY GROUP
	By:		Heartland Coca‑Cola Bottling Company
	Its:		Chairman
	By:		/s/ Xxx Xxxxxxxx
	Name:		Xxx Xxxxxxxx
	Title:		Vice President, Supply Chain
	COCA‑COLA SOUTHWEST BEVERAGES LLC
	By:		/s/ Xxxxx Xxxxx
	Name:		Xxxxx Xxxxx
	Title:		Vice President, Supply Chain

[Signatures Continue on the Following Page]

Signature Page to First Amendment to National Product Supply Governance Agreement

	NORTHEAST REGIONAL PRODUCT SUPPLY GROUP
	By:		Liberty Coca‑Cola Beverages LLC
	Its:		Chairman
	By:		/s/ Xxxx Xxxxxxx
	Name:		Xxxx Xxxxxxx
	Title:		Vice President, Supply Chain

Signature Page to First Amendment to National Product Supply Governance Agreement