0000950134-07-001557 Sample Contracts

NON-QUALIFIED STOCK OPTION AGREEMENT PIER 1 IMPORTS, INC. [Employment Agreement Option 2]
Non-Qualified Stock Option Agreement • January 30th, 2007 • Pier 1 Imports Inc/De • Retail-home furniture, furnishings & equipment stores • Texas

THIS NON-QUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) is made effective and entered into as of February ___, 2007, by and between PIER 1 IMPORTS, INC., a Delaware corporation (the “Company”), and ALEXANDER W. SMITH (the “Optionee”). All terms defined in the Employment Agreement (defined below) are used herein with same meanings as are ascribed to them therein.

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NON-QUALIFIED STOCK OPTION AGREEMENT PIER 1 IMPORTS, INC. [Employment Agreement Option 1]
Non-Qualified Stock Option Agreement • January 30th, 2007 • Pier 1 Imports Inc/De • Retail-home furniture, furnishings & equipment stores • Texas

THIS NON-QUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) is made effective and entered into as of February ___, 2007, by and between PIER 1 IMPORTS, INC., a Delaware corporation (the “Company”), and ALEXANDER W. SMITH (the “Optionee”). All terms defined in the Employment Agreement (defined below) are used herein with same meanings as are ascribed to them therein.

EMPLOYMENT AGREEMENT
Employment Agreement • January 30th, 2007 • Pier 1 Imports Inc/De • Retail-home furniture, furnishings & equipment stores • Texas

This EMPLOYMENT AGREEMENT (this “Agreement”), dated as of February 19, 2007, is by and between ALEXANDER W. SMITH (“Executive”) and Pier 1 Imports, Inc., a Delaware corporation (the “Company”).

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