0001299933-07-000772 Sample Contracts

PEPSICO PERFORMANCE-BASED LONG-TERM INCENTIVE AWARD STOCK OPTION / RESTRICTED STOCK UNITS TERMS AND CONDITIONS
Stock Units Terms and Conditions • February 7th, 2007 • Pepsico Inc • Beverages • North Carolina

These Terms and Conditions, along with the PepsiCo Performance-Based Long-Term Incentive Award Summary (the “Award Summary”) delivered herewith and signed by the individual named on the Award Summary (the “Participant”) shall constitute an Agreement made as of the Grant Date (as indicated on the Award Summary), 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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PEPSICO RESTRICTED STOCK UNIT RETENTION AWARD RESTRICTED STOCK UNITS TERMS AND CONDITIONS
Pepsico Restricted Stock • February 7th, 2007 • Pepsico Inc • Beverages • North Carolina

These Terms and Conditions, along with the PepsiCo Restricted Stock Unit Retention Award Summary (the “Award Summary”) delivered herewith and signed by the individual named on the Award Summary (the “Participant”) shall constitute an Agreement made as of the Grant Date (as indicated on the Award Summary), 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.

PEPSICO STOCK OPTION RETENTION AWARD
Pepsico Stock Option Retention Award • February 7th, 2007 • Pepsico Inc • Beverages • North Carolina

These Terms and Conditions along with the PepsiCo Stock Option Retention Award Summary (the “Award Summary”) delivered herewith and signed by the individual named on the Award Summary (the “Participant”) shall constitute an Agreement made as of the Grant Date (as indicated on the Award Summary) 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.

PEPSICO PRO RATA LONG-TERM INCENTIVE AWARD STOCK OPTION TERMS AND CONDITIONS
Stock Option Terms and Conditions • February 7th, 2007 • Pepsico Inc • Beverages • North Carolina

These Terms and Conditions, along with the PepsiCo Pro Rata Long-Term Incentive Award Summary (the “Award Summary”) delivered herewith and signed by the individual named on the Award Summary (the “Participant”) shall constitute an Agreement made as of the Grant Date (as indicated on the Award Summary), 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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