STOCK OPTION PLAN:
RULES OF THE UK SUB-PLAN
Adopted by a resolution of the Compensation Committee of the Board on September 28, 1999 and amended on
August 28, 2000, August 5, 2002 and November 20, 2003
STARBUCKS CORPORATION 1991 COMPANY-WIDE STOCK OPTION PLAN: RULES OF THE
For the purpose of granting options under a scheme approved by the Inland Revenue under Schedule 9, the
terms of the Starbucks Corporation 1991 Company-Wide Stock Option Plan (the "Main Plan") shall be applied
to any option which is designated as a "UK Approved Option" in the relevant Agreement, subject to the
modifications set out in the following Rules.
2.1 Where the context so admits, the definitions in the Main Plan also
apply to these Rules. In addition, in these Rules:
"Associated Company" has the same meaning as in paragraph 35 of
"Company" means Starbucks Corporation, incorporated
under the laws of the State of Washington,
USA, whose principal office is at 2401 Utah
Avenue South, Seattle, WA 98134, USA by
whatever name known from time to time.
"Control" has the same meaning as in Section 840 of
the UK Act.
"Exchange Rate" for any day means the average of the buying
and the selling prices Pounds Sterling for
US Dollar spot rates at close for that day,
as quoted by the Financial Times newspaper
(or a similar publication selected by the