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

Adjustment for Change in Common Stock. In the event of any change in the outstanding shares of YUM! common 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 Optionee may purchase pursuant to the Options and the Exercise Price at which the Optionee may purchase such shares shall be adjusted appropriately in the Committee's discretion.

Adjustment for Change in Common Stock. In As set forth in the Plan, in the event of any change in the outstanding shares of YUM! common stock 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 Optionee Participant may purchase pursuant to the Options YUM! Stock Appreciation Rights and the Exercise Price at which the Optionee Participant may purchase such shares shall be adjusted appropriately in the Committee's ’s sole discretion. 10.

Adjustment for Change in Common Stock. In the event of any change in the outstanding shares of YUM! common 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 Optionee Participant may purchase pursuant to the Options YUM! Stock Appreciation Rights and the Exercise Price at which the Optionee Participant may purchase such shares shall be adjusted appropriately in the Committee's discretion. 10.

Adjustment for Change in Common Stock. In the event of any change in the outstanding shares of YUM! common 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 Optionee Participant may purchase pursuant to the Options YUM! Stock Appreciation Rights and the Exercise Price at which the Optionee Participant may purchase such shares shall be adjusted appropriately in the Committee's discretion.