0001041803-10-000004 Sample Contracts

TWELFTH AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • January 8th, 2010 • Pricesmart Inc • Retail-variety stores

This Twelfth Amendment to Employment Agreement is made and entered into as of October 1, 2009, by and between PriceSmart, Inc., a Delaware Corporation ("Employer") and Jose Luis Laparte ("Executive").

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Contract
Pricesmart Inc • January 8th, 2010 • Retail-variety stores

NUMBER EIGHTY-SIX. In the City of San Salvador, at 8:10, pm, on September first, two thousand and nine, before me, ELIZABETH ACOSTA ESPINOZA, Notary Public of this domicile, this instrument, containing that detailed as follows is granted: a. FIRST OPEN MORTGAGE: In which appears, Mr. CHRISTOPHER SEAN SOUHRADA, Thirty-eight years of age, US citizen, Business Executive, of this domicile, who understands and comprehends the Spanish language, and whom I am acquainted with by virtue of this instrument and who has identified himself with US Passport number seven one one six one five one one nine, issued by the US State Department on August nine, two thousand and six, and which is still in effect; he is acting on behalf and in representation, in his capacity as Vice President of the Board, and legal representative of the company INMOBILIARIA PRICESMART EL SALVADOR, SOCIEDAD ANÓNIMA DE CAPITAL VARIABLE, abbreviated as INMOBILIARIA PRICESMART EL SALVADOR, S.A. DE C.V., domiciled in the city of

TWENTY THIRD AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • January 8th, 2010 • Pricesmart Inc • Retail-variety stores

This Twenty Third Amendment to Employment Agreement is made and entered into as of October 1, 2009, by and between PriceSmart, Inc., a Delaware Corporation (“Employer”) and Robert M. Gans (“Executive”).

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