(Adopted effective 10/90; Amended 9/92,2/93, 1/94, and 9/96)
1. INTRODUCTION AND DEFINITIONS
1.1 THE PLAN:
This 1991 Company-Wide Stock Option Plan (this "Plan") establishes the right of and procedures for
STARBUCKS CORPORATION (the "Company") to grant stock options to its employees.
Capitalized terms used in this Plan shall have the following meanings:
"BUY OUT NOTICE." "Buy Out Notice" shall have the meaning set forth in
Section 7 hereof.
"CODE." "Code" shall mean the Internal Revenue Code of 1986, as amended.
"COMPANY." The "Company" shall mean Starbucks Corporation d/b/a Starbucks Coffee Company.
"FAIR MARKET VALUE." The "Fair Market Value" of the Company's equity securities shall be determined, as
of any time, based upon the prevailing bid price of the Company's common stock as of such time on the national
exchange, over-the-counter, or other stock trading market on which the Company is listed, and in the absence of
which shall be determined by the Board.
"PLAN." "Plan" shall mean the Starbucks Corporation 1991 Company-Wide Stock Option Plan, as amended.
"SHARES." The "Shares" shall mean the Shares reserved for issuance under this Plan as further defined in
2. GENERAL PROVISIONS
2.1 OBJECTIVES OF THE PLAN:
The purpose of this Plan is to encourage ownership of common stock of the Company by all employees of the
Company and any current or future subsidiary. This Plan is intended to provide an incentive and bonus for
maximum effort in the successful operation of the Company and is expected to benefit the shareholders by
associating the interests of the Company's employees with those of its shareholders and by enabling the Company
to attract and retain personnel of the best available talent through the opportunity to share, by the proprietary
interests created by this Plan, in the increased value of the Company's shares to which such personnel have
contributed. The benefits o