0000945234-07-000693 Sample Contracts

Non-Qualified Stock Option Agreement under the lululemon athletica inc. 2007 Equity Incentive Plan
Non-Qualified Stock Option Agreement • November 29th, 2007 • Lululemon Athletica Inc. • Apparel & other finishd prods of fabrics & similar matl • Delaware

THE TRANSFERABILITY OF THIS CERTIFICATE AND THE SHARES REPRESENTED HEREBY ARE SUBJECT TO THE TERMS AND CONDITIONS OF A NON-QUALIFIED STOCK OPTION AGREEMENT ENTERED INTO BETWEEN ROBERT MEERS AND LULULEMON ATHLETICA INC. A COPY OF THAT AGREEMENT IS ON FILE IN THE PRINCIPAL OFFICES OF LULULEMON ATHLETICA INC. AND WILL BE MADE AVAILABLE TO THE HOLDER OF THIS CERTIFICATE WITHOUT CHARGE UPON REQUEST TO THE SECRETARY OF LULULEMON ATHLETICA INC.

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lululemon athletica inc. EMPLOYEE SHARE PURCHASE PLAN
Employee Share Purchase Plan • November 29th, 2007 • Lululemon Athletica Inc. • Apparel & other finishd prods of fabrics & similar matl • British Columbia
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