Common use of Securities Transaction Clause in Contracts

Securities Transaction. Participant understands that this Award of Restricted Stock Units shall be valid and the Agreement shall be concluded and become effective only when the Agreement is received electronically or otherwise by YUM! in the United States.

Appears in 9 contracts

Sources: Global Restricted Stock Unit Agreement (Yum Brands Inc), Global Restricted Stock Unit Agreement (Yum Brands Inc), Global Restricted Stock Unit Agreement (Yum Brands Inc)