Ms. Maura A. Smith Dear Ms. Smith:Separation Agreement • October 19th, 2012 • Pepsico Inc • Beverages
This letter separation agreement (this “Agreement”) relates to the arrangements concerning the separation of your employment from PepsiCo, Inc. (“PepsiCo” together with its parent, subsidiaries, divisions, affiliates, predecessors and successors, agents, employees, directors, or assigns, the “Company”). You will not be entitled to receive any further payments or benefits from the Company, except as specifically set forth by the terms and conditions of this Agreement, or except as provided under the indemnity provisions of PepsiCo’s By-Laws, and director and officer and professional liability insurance policies.
