Common use of Adjustment for Change in Common Stock Clause in Contracts

Adjustment for Change in Common Stock. As set forth in the Plan, in the event of any change in the outstanding shares of Stock by reason of any stock split, stock dividend, recapitalization, merger, consolidation, combination or exchange of shares or similar corporate change, the number of shares which the Participant may purchase pursuant to the YUM! Stock Appreciation Rights and the Exercise Price at which the Participant may purchase such shares shall be adjusted appropriately in the Committee’s sole discretion.

Adjustment for Change in Common Stock. As set forth in the Plan, in the event of any change in the outstanding shares of Stock by reason of any stock split, stock dividend, recapitalization, merger, consolidation, combination or exchange of shares or similar corporate change, the number of shares which the Participant Optionee may purchase pursuant to the YUM! Stock Appreciation Rights Options and the Exercise Price at which the Participant Optionee may purchase such shares shall be adjusted appropriately in the Committee’s sole discretion.

Adjustment for Change in Common Stock. As set forth in the Plan, in In the event of any change in the outstanding shares of the Company’s Common Stock by reason of any stock split, stock dividend, recapitalization, reorganization, merger, consolidation, combination or exchange of shares shares, spin-off or other similar corporate change, the number and type of shares which the Participant may purchase pursuant to the YUM! Stock Appreciation Rights Options and the Option Exercise Price at which the Participant may purchase such shares shall be adjusted appropriately in adjusted, to such extent (if any), determined to be appropriate and equitable by the Committee’s sole discretion.

Adjustment for Change in Common Stock. As set forth in the Plan, in In the event of any change in the outstanding shares of Common Stock by reason of any stock split, stock dividend, recapitalization, merger, consolidation, combination or exchange of shares or similar corporate change, the number shares of shares which the Participant may purchase pursuant to the YUM! Restricted Stock Appreciation Rights and the Exercise Price at which the Participant may purchase such shares shall all be adjusted appropriately in the Committee’s sole discretion.