Transition and Advisor Agreement Sample Contracts

December 13, 2023 Joseph Chan Dear Joseph, Transition and Advisor Agreement
Transition and Advisor Agreement • December 15th, 2023 • Yum China Holdings, Inc. • Retail-eating places

We have received your letter dated December 12, 2023 to step down from the role of Chief Legal Officer of Yum China Holdings, Inc. (the “Company”, together with its subsidiaries, the “Company Group”), effective December 31, 2023. In recognition of your expertise within the organization and in order to ensure a smooth transition of your duties, we are pleased to offer you the following terms and conditions of your continued employment with the Company under this Transition and Advisor Agreement (“Agreement”):

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July 13, 2023 Aiken Yuen STRICTLY PRIVATE & CONFIDENTIAL Dear Aiken, Transition and Advisor Agreement
Transition and Advisor Agreement • July 17th, 2023 • Yum China Holdings, Inc. • Retail-eating places

We have received your letter dated July 13, 2023 to step down from the role of Chief People Officer of Yum China Holdings, Inc. (the “Company”, together with its subsidiaries, the “Company Group”), effective August 1, 2023. In recognition of your expertise within the organization and in order to ensure a smooth transition of your duties, we are pleased to offer you the following terms and conditions of your employment with Yum China under this Transition and Advisor Agreement (“Agreement”):

August 4, 2024 Dear Andy Yeung, Transition and Advisor Agreement
Transition and Advisor Agreement • August 5th, 2024 • Yum China Holdings, Inc. • Retail-eating places

In connection with your stepping down on a voluntary basis from the role of Chief Financial Officer of Yum China Holdings, Inc. (the “Company”, together with its subsidiaries, the “Company Group”), effective September 30, 2024, and in recognition of your expertise within the organization and in order to ensure a smooth transition of your duties, we are pleased to offer you the following terms and conditions of your continued employment with the Company under this Transition and Advisor Agreement (“Agreement”):

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