0000950152-07-009589 Sample Contracts

AGREEMENT
Severance Agreement • December 13th, 2007 • Jo-Ann Stores Inc • Retail-miscellaneous shopping goods stores

THIS AGREEMENT (“Agreement”) is made as of the 19th day of November, 2007, between JO-ANN STORES, INC., an Ohio corporation (the “Company”), and Ken Haverkost (“Executive”).

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August 10, 2007 David Holmberg Dear David:
Termination Agreement • December 13th, 2007 • Jo-Ann Stores Inc • Retail-miscellaneous shopping goods stores • Ohio

The purpose of this letter is to set forth the agreement we have reached with respect to the termination of your employment with Jo-Ann Stores, Inc. (the “Company”). To make sure that you understand the details and terms of this letter agreement (the “Agreement”) and that your decision to enter into this Agreement is voluntary, we advise you to consult with an attorney prior to signing this document. Your signature below acknowledges that you have done so. If the details and terms are acceptable to you, please sign the bottom of this Agreement and return it to the undersigned no later than the later of (i) twenty-one (21) days from the date of receipt of this Agreement or (ii) the fifth business day following receipt by you of the Company’s determination to withdraw the offer set forth in the Agreement.

SIXTH AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • December 13th, 2007 • Jo-Ann Stores Inc • Retail-miscellaneous shopping goods stores

JO-ANN STORES, INC., an Ohio corporation, having a principal place of business at 5555 Darrow Road, Hudson, Ohio 44236, as Lead Borrower for the Borrowers, being

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