SEPARATION AGREEMENT AND RELEASE
This Separation Agreement and Release (the “ Agreement ”) is entered into by Launi Skinner (“ Skinner ”)
and Starbucks Corporation (“ Starbucks ”).
A. Skinner has been employed by Starbucks as president, Starbucks Coffee U.S.. Skinner’s employment at
Starbucks will terminate on March 3, 2008 (the “ Separation Date ”).
B. Starbucks and Skinner enter this Agreement to clarify their respective rights and responsibilities arising out
of the conclusion of Skinner’s employment relationship, including Skinner’s reaffirmation of post-separation
commitments arising under the non-competition agreement between Starbucks and Skinner (the “ Non-
Competition Agreement ”) and the confidentiality agreement set forth in Paragraph 7 (the “ Confidentiality
NOW, THEREFORE, in consideration of the foregoing recitals and the mutual promises contained below, it
is agreed as follows:
1. Separation Date and Responsibilities. Skinner’s employment with Starbucks will end on March 3,
2008. Skinner thereafter will have no further duties or responsibilities to Starbucks.
2. Compensation. Except as may be expressly provided for in this Agreement, Skinner agrees and
acknowledges that she is and shall be entitled to no further or additional compensation of any kind after the
Separation Date. If Skinner signs this Agreement and does not revoke it pursuant to Paragraph 19, Starbucks
will pay Skinner the equivalent of twelve months of her base salary, payable in a lump sum immediately following
the revocation period set forth in Paragraph 19, subject to customary tax and other withholdings.
Starbucks and Skinner agree that these payments are expressly conditioned on Skinner’s strict compliance
with the terms of this Agreement, the Non-Competition Agreement and the Confidentiality Agreement. Any
violation of any of these agreements, whether material or not, shall result in (a) a forfeiture by Skinn