0001564590-20-023189 Sample Contracts

YUM CHINA HOLDINGS, INC. LONG TERM INCENTIVE PLAN PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • May 8th, 2020 • Yum China Holdings, Inc. • Retail-eating places • Delaware

This PERFORMANCE UNIT AGREEMENT (“Agreement”) is made as of the Grant Date set forth in the Award Notice between YUM CHINA HOLDINGS, INC., a Delaware corporation (the “Company”), and the individual named in the Award Notice (“Participant”).

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YUM CHINA HOLDINGS, INC. LONG TERM INCENTIVE PLAN RESTRICTED STOCK UNIT AGREEMENT
Restricted Stock Unit Agreement • May 8th, 2020 • Yum China Holdings, Inc. • Retail-eating places • Delaware

This RESTRICTED STOCK UNIT AGREEMENT (“Agreement”) is made as of the Grant Date set forth above between YUM CHINA HOLDINGS, INC., a Delaware corporation (the “Company”), and [insert] (“Participant”).

STOCK APPRECIATION RIGHTS AGREEMENT
Stock Appreciation Rights Agreement • May 8th, 2020 • Yum China Holdings, Inc. • Retail-eating places • Delaware

This STOCK APPRECIATION RIGHTS AGREEMENT (“Agreement”) is made as of the Grant Date set forth above between YUM CHINA HOLDINGS, INC., a Delaware corporation (the “Company”), and [insert] (“Participant”).

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