BY HAND Massimo d’Amore co/PepsiCo, Inc. Purchase, NY 10577 Dear Mr. d’Amore:Letter Agreement • February 9th, 2012 • Pepsico Inc • Beverages
This letter agreement (this “Agreement”) describes the terms and conditions of your continued active employment with PepsiCo, Inc. (“PepsiCo” and, together with its subsidiaries, divisions, affiliates, predecessors and successors, the “Company”) and confirms the arrangements relating to your separation from the Company. The material terms and conditions of this Agreement have been approved by the Compensation Committee of the Board of Directors of PepsiCo.
