Special Termination

Special Termination. Means with respect to a Participant who has been approved as a franchisee by YUM! or any of its affiliates, Participant's termination of employment with the Company (other than a termination by the Company for cause) to become, immediately following such termination, a franchisee of YUM! or one of its affiliates. Participants who do not meet the foregoing requirements may not have a Special Termination.

Special Termination. Shall mean termination by the Executive of his employment at his initiative in the following circumstances. If the Executive reasonably concludes that his ability to function effectively as the President and Chief Operating Officer of the Company has been materially impaired as a result of the chronic and systemic interference, direct or indirect, by the Chief Executive Officer and if the Executive and the Chief Executive Officer are unable to reach an agreement which is reasonably satisfactory... to the Executive as to the basis on which the Executive's ability to function effectively as President and Chief Operating Officer can be established or restored, as the case may be, then the Executive shall be entitled to terminate his employment. There shall be no Special Termination without written notice from the Executive describing the basis for the termination to the Chairman of the Board and Chief Executive Officer (with a copy to the Board of Directors) following which the Company shall have 30 calendar days in which to cure. If the Company fails to cure, the Executive's termination shall become effective on the 31st calendar day following the written notice. View More