0000077476-20-000041 Sample Contracts

PERFORMANCE STOCK UNITS / LONG-TERM CASH AWARD TERMS AND CONDITIONS
Performance Stock Units / Long-Term Cash Award Agreement • April 28th, 2020 • Pepsico Inc • Beverages • New York

These Terms and Conditions (including the country-specific terms set forth in the attached Addendum), along with the 2020 PepsiCo Annual Long-Term Incentive Award Summary provided to the Participant (the “Award Summary”), and signed by the individual named on the Award Summary (the “Participant”), shall constitute an agreement (this “Agreement”), effective as of the “grant date” indicated on the Award Summary (the “Grant Date”), by and between PepsiCo, Inc., a North Carolina corporation having its principal office at 700 Anderson Hill Road, Purchase, New York 10577 (“PepsiCo,” and with its divisions and direct and indirect subsidiaries, the “Company”), and the Participant.

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