-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000030697-07-000026.txt : 20070201
<SEC-HEADER>0000030697-07-000026.hdr.sgml : 20070201
<ACCEPTANCE-DATETIME>20070201163808
ACCESSION NUMBER:		0000030697-07-000026
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20070129
ITEM INFORMATION:		Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20070201
DATE AS OF CHANGE:		20070201

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TRIARC COMPANIES INC
		CENTRAL INDEX KEY:			0000030697
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-EATING & DRINKING PLACES [5810]
		IRS NUMBER:				380471180
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0102

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-02207
		FILM NUMBER:		07572273

	BUSINESS ADDRESS:	
		STREET 1:		280 PARK AVENUE
		STREET 2:		24TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-451-3000

	MAIL ADDRESS:	
		STREET 1:		280 PARK AVENUE
		STREET 2:		24TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DWG CORP
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DEISEL WEMMER GILBERT CORP
		DATE OF NAME CHANGE:	19680820

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DWG CIGAR CORP
		DATE OF NAME CHANGE:	19680820
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>try8k.txt
<DESCRIPTION>TRIARC 8-K JANUARY 29, 2007
<TEXT>



                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT
       Pursuant To Section 13 or 15 (d) of the Securities Exchange Act of 1934

          Date of Report (Date of earliest event reported): January 29, 2007

                             TRIARC COMPANIES, INC.
                --------------------------------------------------
              (Exact name of registrant as specified in its charter)


  DELAWARE                       1-2207                     38-0471180
  -----------------              --------------             --------------
  (State or Other                (Commission                (I.R.S. Employer
   Jurisdiction of                File Number)               Identification No.)
   Incorporation)

   280 Park Avenue
   New York, NY                                            10017
   ----------------------------------------------------------------------------
   (Address of principal executive offices)                (Zip Code)

   Registrant's telephone number, including area code:   (212) 451-3000

                                  N/A
   ----------------------------------------------------------------------------
         (Former Name or Former Address, if Changed Since Last Report)


Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

[ ] Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))


<PAGE>


Item 5.02.  Departure of Directors or Principal Officers; Election of Directors;
            Appointment of Principal Officers; Compensatory Arrangements of
            Certain Officers.


     On April 28, 2006,  Triarc Companies,  Inc. (the "Company")  entered into a
letter  agreement  (the  "Agreement")  with Francis T.  McCarron,  the Company's
Executive  Vice  President and Chief  Financial  Officer,  pursuant to which Mr.
McCarron  will  be  entitled  to  receive  certain  benefits  in the  event  Mr.
McCarron's  employment is terminated by the Company  without  "cause," or by Mr.
McCarron  for certain  specified  reasons  (including  for "good  reason"  which
includes a "change of  control,"  as such terms are  defined in the  Agreement).
Under the Agreement,  in the event that any benefit paid to Mr. McCarron becomes
subject to excise tax imposed under  Section 4999 of the Code,  the Company will
indemnify Mr.  McCarron for up to $1,000,000 of excise tax so that Mr.  McCarron
will be in the same  after-tax  position as if such amount of excise tax had not
been imposed.  On January 29, 2007,  the Company and Mr.  McCarron  entered into
Amendment  No. 1 to Letter  Agreement  (the  "Amendment")  pursuant to which the
amount of the foregoing indemnity was increased to $1,500,000.

     The foregoing  description  of the  Agreement  and the  Amendment  does not
purport to be complete  and is  qualified  in its  entirety by  reference to the
Agreement,  a copy of which  has been  filed as  Exhibit  10.1 to the  Company's
Current Report on Form 8-K dated May 2, 2006,  and to the  Amendment,  a copy of
which has been filed as Exhibit 10.1 to this Current Report on Form 8-K.

Item 9.01.    Financial Statements and Exhibits

(d)           Exhibits

10.1  Amendment No. 1 to Letter  Agreement  dated as of January 29, 2007 between
      Triarc Companies, Inc. and Francis T. McCarron.
10.2  Letter  Agreement dated January 18, 2007 between Arby's  Restaurant Group,
      Inc. and Roland C. Smith.
10.3  Amendment  No. 1 to  Employment  Agreement  dated as of December  18, 2006
      between Triarc Companies, Inc. and Brian L. Schorr.


<PAGE>


                                    SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                     TRIARC COMPANIES, INC.


                                     By: /s/STUART ROSEN
                                        ------------------------------
                                        Senior Vice President and
                                        Associate General Counsel

Dated: February 1, 2007


<PAGE>


                                  EXHIBIT INDEX

Exhibit                         Description
- -------                         -----------

10.1  Amendment No. 1 to Letter  Agreement  dated as of January 29, 2007 between
      Triarc Companies, Inc. and Francis T. McCarron.
10.2  Letter  Agreement dated January 18, 2007 between Arby's  Restaurant Group,
      Inc. and Roland C. Smith.
10.3  Amendment  No. 1 to  Employment  Agreement  dated as of December  18, 2006
      between Triarc Companies, Inc. and Brian L. Schorr.


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>exh101.txt
<DESCRIPTION>AMENDMENT NO. 1 TO LETTER AGREEMENT DATED AS OF JANUARY 29, 2007
<TEXT>


                                                                   EXHIBIT 10.1


                       AMENDMENT NO. 1 TO LETTER AGREEMENT

          Amendment  No. 1, dated as of January 29, 2007 (the  "Amendment"),  to
the  letter  agreement  dated as of April 28,  2006 (the  "Agreement"),  between
Triarc Companies, Inc. ("Triarc") and Francis T. McCarron (the "Employee").

          WHEREAS,  the Employee  and Triarc,  in  connection  with certain 2006
year-end  tax  planning  measures  undertaken  by and for the benefit of Triarc,
reached an agreement  with respect to the voluntary  exercise by the Employee of
certain  options  previously  granted  to the  Employee,  and the  grant  to the
Employee of certain  additional options to replace option shares used to satisfy
the exercise price and tax withholding  payments  associated with such voluntary
option exercise;

          WHEREAS in connection  with such  year-end tax planning,  the Employee
and Triarc entered into an agreement, dated as of December 21, 2006, whereby the
Employee  agreed to forego a limited  amount of possible  future  payments  from
Triarc if  necessary  to  eliminate  Triarc's  obligation  to make  certain  tax
indemnification payments to the Employee under the Agreement; and

          WHEREAS,  in connection with the aforementioned  arrangements,  Triarc
and the Employee  desire to amend the  Agreement to increase the coverage of the
tax indemnification provision.

          NOW,  THEREFORE,  in  consideration  of the  foregoing,  of the mutual
promises  contained  herein and of other good and  valuable  consideration,  the
receipt and  sufficiency  of which are hereby  acknowledged,  the parties hereto
hereby agree as follows:

     1. Triarc and the Employee hereby agree to amend the Agreement as follows:

          a.  Section  9(h) of the  Agreement  is hereby  amended  by  replacing
              therein the dollar amount of  "$1,000,000"  with the dollar amount
              of "$1,500,000."

     2. Except as amended  above,  the  provisions  of the  Agreement are hereby
        confirmed and shall remain in full force and effect.

     3. This Amendment shall be governed by and  administered in accordance with
        the laws of the State of New York  applicable to agreements  made and to
        be performed entirely within such State.

     4. This  Amendment  shall be binding  upon and inure to the  benefit of the
        parties hereto and their successors and assigns.

          IN  WITNESS  WHEREOF,  the  parties  hereto  have each  executed  this
Amendment as of the date first above written.


TRIARC COMPANIES, INC.


By: /s/PETER W. MAY
    --------------------------------------------
    Name:  Peter W. May
    Title: President and Chief Operating Officer


By: /s/FRANCIS T. MCCARRON
    -------------------------------------------
    Francis T. McCarron

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>exh102.txt
<DESCRIPTION>LETTER AGREEMENT DATED JANUARY 18, 2007
<TEXT>

                                                                   EXHIBIT 10.2

                          ARBY'S RESTAURANT GROUP, INC.

                                          January 18, 2007

Mr.Roland C. Smith
580 Old Cobblestone Drive
Dunwoody, GA 30350

Dear Roland:

          Reference is made to the  Employment  Agreement  dated as of April 13,
2006 (the "Employment  Agreement") between you and Arby's Restaurant Group, Inc.
("Arby's").  Capitalized  terms  used  and not  defined  herein  shall  have the
meanings ascribed to them in the Employment Agreement.

          Exhibit A to the Employment  Agreement provides for a grant of 100,000
restricted  shares of Triarc  Companies,  Inc.  Class B Common  Stock,  Series 1
("Class B Common Stock"),  50% of which are to have performance  vesting targets
and 50% of which are to have time vesting  targets.  Pursuant to the  Employment
Agreement,  such vesting  targets were to be agreed upon by the Arby's Board and
you within 90 days  following  execution of the  Employment  Agreement.  If such
vesting  targets  were not set by such date,  you would  instead be  entitled to
receive  options to acquire  shares of Class B Common  Stock as  provided in the
Employment Agreement.

          This letter will confirm our prior  agreements  to extend the date for
setting such vesting  targets  first to August 31, 2006,  then to September  30,
2006, November 13, 2006 and January 31, 2007 and our current agreement to extend
the date for setting such vesting targets to March 25, 2007.

          Except as set forth above,  the terms and provisions of the Employment
Agreement shall remain in full force and effect.

          This  amendment to the Employment  Agreement  shall be governed by the
laws of the State of Delaware, without regard to principles of conflicts of laws
thereof  that  would  call  for  the  application  of  substantive  law  of  any
jurisdiction other than the State of Delaware.  This amendment to the Employment
Agreement may be executed in  counterparts,  each of which shall be deemed to be
an original and all of which, taken together,  shall constitute one and the same
instrument.

                                       ARBY'S RESTAURANT GROUP, INC.


                                       By: /s/BRIAN L. SCHORR
                                           ------------------------------------
                                           Name:  Brian L. Schorr
                                           Title: Executive Vice President
Agreed and Accepted as of the
23rd day of January 2007

/s/ROLAND SMITH
- ----------------------------------------
Roland Smith

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>4
<FILENAME>exh103.txt
<DESCRIPTION>AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT DATED AS OF DECEMBER 18, 2006
<TEXT>


                                                                   EXHIBIT 10.3

                     AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT


     Amendment  No. 1,  dated as of  December  18,  2006  ("Amendment"),  to the
Employment  Agreement dated as of February 24, 2000 (the  "Agreement"),  between
Triarc Companies, Inc. ("Triarc") and Brian L. Schorr (the "Employee").

     1. Triarc and the Employee hereby agree to amend the Agreement as follows:

          a). Clause (i) in the second paragraph of Section 4.1 of the Agreement
is hereby  amended in its  entirety to read as  follows:  "(i)  Employee's  then
current  Salary for two and one-half  (2-1/2) years from the date of termination
and".

          b).  Section 4.3 (d) 3(a) of the Agreement is hereby amended by adding
the word "annual" after the word "equal" appearing therein.

          c). The definition of "Good Reason" set forth in Section 4.6(B) of the
Agreement is hereby amended by deleting the word "or" at the end of clause (ii),
adding the word "or" at the end of clause  (iii) and adding  the  following  new
clause (iv):  "(iv) any  meaningful  diminution of your duties or authority from
such  duties or  authority  held by you on the date  hereof  without  your prior
consent."

     2. Except as amended  above,  the  provisions  of the  Agreement are hereby
confirmed and shall remain in full force and effect.

     3. This Amendment shall be governed by and  administered in accordance with
the laws of the  State  of New  York  applicable  to  agreements  made and to be
performed entirely within such State.

     4. This  Amendment  shall be binding  upon and inure to the  benefit of the
parties hereto and their successors and assigns.

     IN WITNESS  WHEREOF,  the parties hereto have each caused this Amendment as
of the date first above written.

TRIARC COMPANIES, INC.


By: /s/PETER W. MAY
    --------------------------------------------
    Name:  Peter W. May
    Title: President and Chief Operating Officer


By: /s/BRIAN L. SCHORR
    --------------------------------------------
    Brian L. Schorr


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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