0000892569-08-001183 Sample Contracts

August 24, 2008
Separation and Transition Agreement • August 27th, 2008 • Quiksilver Inc • Men's & boys' furnishgs, work clothg, & allied garments

This letter (“Agreement”) will confirm the agreement and understanding we have reached regarding your continued employment with, and transition and departure from, Quiksilver, Inc., and any of its affiliates, subsidiaries or divisions, including, without limitation, Pilot SAS, a Société par Actions Simplifiée and a wholly-owned indirect subsidiary of Quiksilver, Inc. (collectively, “Quiksilver” or the “Company”). This Agreement completely supersedes and replaces all other agreements you may have with the Company, including, but not limited to, that certain Employment Agreement dated December 22, 2006. In that regard, we have agreed as follows:

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AR FINANCING FACILITY CONTRACT — GENERAL CONDITIONS Contract n°
Ar Financing Facility Contract • August 27th, 2008 • Quiksilver Inc • Men's & boys' furnishgs, work clothg, & allied garments

These General Conditions as well as the Specific Conditions executed on the same date are together defined as the “Contract”. For the avoidance of doubt, in the event of conflict between these two documents, the terms of the Specific Conditions will prevail.

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