0000104207-08-000093 Sample Contracts

WALGREEN CO. EXECUTIVE STOCK OPTION PLAN - STOCK OPTION AGREEMENT
Stock Option Agreement • October 30th, 2008 • Walgreen Co • Retail-drug stores and proprietary stores • Illinois

This document (referred to below as this “Agreement” or this “Option Agreement”) spells out the terms and conditions of the stock option granted by Walgreen Co., an Illinois corporation (the “Company”), to the individual employee designated above (the “Employee”) pursuant to the Walgreen Co. Executive Stock Option Plan (the “Plan”) on and as of the Date of Grant designated above. Except as otherwise defined herein, capitalized terms used in this Option Agreement have the respective meanings set forth in the Plan. The Plan, as in effect on the date of this Option Agreement and as it may be amended from time to time, is incorporated in this Option Agreement by reference, and all rights granted by this Option Agreement are subject to the terms and conditions of the Plan.

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WALGREEN CO. LONG-TERM PERFORMANCE INCENTIVE PLAN RESTRICTED STOCK UNIT AWARD AGREEMENT
Restricted Stock Unit Award Agreement • October 30th, 2008 • Walgreen Co • Retail-drug stores and proprietary stores • Illinois

This document (referred to below as the “Agreement” or the “Award Agreement”) spells out the terms and conditions of the Restricted Stock Unit Award provided by Walgreen Co., an Illinois corporation (the “Company”), to the individual employee designated above (the “Employee”) pursuant to the Walgreen Co. Long-Term Performance Incentive Plan and related plan documents (the “Plan”) on and as of the Award Date designated above. Except as otherwise defined herein, capitalized terms used in this Agreement have the respective meanings set forth in the Plan.

WALGREEN CO. LONG-TERM PERFORMANCE INCENTIVE PLAN RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • October 30th, 2008 • Walgreen Co • Retail-drug stores and proprietary stores • Illinois

This document (referred to below as the “Agreement” or the “Award Agreement”) spells out the terms and conditions of the Restricted Stock Award provided by Walgreen Co., an Illinois corporation (the “Company”), to the individual employee designated above (the “Employee”) pursuant to the Walgreen Co. Long-Term Performance Incentive Plan and related plan documents (the “Plan”) on and as of the Award Date designated above. Except as otherwise defined herein, capitalized terms used in this Agreement have the respective meanings set forth in the Plan.

AWARD AGREEMENT WALGREEN CO. PERFORMANCE SHARE PROGRAM Contingent Award for the Fiscal Year Company Performance Period = Fiscal Years _________ CONFIDENTIAL
Award Agreement • October 30th, 2008 • Walgreen Co • Retail-drug stores and proprietary stores

Walgreen Co. has adopted the Long-Term Performance Incentive Plan (the “Plan”), the purpose of which is to afford Walgreen Co. and its subsidiaries (collectively, the “Company”) additional means of securing and retaining key employees of outstanding ability. To further this purpose, Walgreen Co. maintains the Performance Share Program (the “Program”). Under the Program for the performance period covering the ____________ fiscal years (the “Performance Period”), Walgreen Co. is awarding «Initials» «LastName» a contingent Performance Share grant of «NumberofSharesatTarget» shares. This “target” number of shares is computed by multiplying your annual base salary by the target award percentage for your salary grade level, and then dividing that by $________, which is the Walgreen Co. stock price as of September 1, ________. This award is subject to all the terms and conditions of the Plan and the Program and to the following conditions:

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