0001041061-15-000007 Sample Contracts

GLOBAL YUM! STOCK APPRECIATION RIGHTS AGREEMENT
Global Yum! Stock Appreciation Rights Agreement • February 17th, 2015 • Yum Brands Inc • Retail-eating places • North Carolina

AGREEMENT made as of 6th day of February, 2015, by and between YUM! Brands, Inc., a North Carolina corporation having its principal office at 1441 Gardiner Lane, Louisville, Kentucky 40213, U.S.A. (“YUM!”) and David C. Novak (the “Participant”).

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GLOBAL NON-QUALIFIED STOCK OPTION AGREEMENT
Global Non-Qualified Stock Option Agreement • February 17th, 2015 • Yum Brands Inc • Retail-eating places • North Carolina

AGREEMENT made as of the 6th day of February, 2015, by and between YUM! Brands, Inc., a North Carolina corporation having its principal office at 1441 Gardiner Lane, Louisville, Kentucky 40213, U.S.A. (“YUM!”) and the Optionee.

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