EX-2
from SC 13D/A
5 pages
This Letter Agreement, Dated as of August 14, 2014 (“Letter Agreement”), Is by and Among Hilton H. Schlosberg (“Hs”) and Rodney C. Sacks (Collectively, the “Shareholders”) and the Coca-Cola Company, a Delaware Corporation (“Parent”). Capitalized Terms Used but Not Defined Herein Shall Have Their Respective Meanings Set Forth in the Transaction Agreement (The “Transaction Agreement”), Dated as of the Date Hereof, by and Among Parent, European Refreshments, a Company Formed Under the Laws of Ireland (The “Purchaser”), Monster Beverage Corporation, a Delaware Corporation (The “Company”), New Laser Corporation, a Delaware Corporation and Wholly-Owned Subsidiary of the Company (“Newco”) and New Laser Merger Corp., a Delaware Corporation. the Parties Hereby Agree as Follows: 1. Hs Confirms That It Is His Current Intention to Remain as a Senior Executive or Chairman of the Board of the Company (Or Following the Closing, Newco) for Not Less Than Four Years After the Closing, Assuming That the Closing Occurs by the Outside Date
12/34/56