0001041803-16-000096 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • October 27th, 2016 • Pricesmart Inc • Retail-variety stores • California

This Employment Agreement (“Agreement”) is made as of July 14, 2016 (“Effective Date”), between PriceSmart, Inc. (the “Company”), and Francisco Velasco (the “Executive”).

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EMPLOYMENT AGREEMENT
Employment Agreement • October 27th, 2016 • Pricesmart Inc • Retail-variety stores

This Employment Agreement (“Agreement”), effective as of November 1, 2015, between Pablo Eduardo Franceschi Guizado, male, national of the Republic of Panama, of legal age, holder of ID No. 8-423-837 acting in his capacity of Legal Representative of PriceSmart Panama, S.A. (the “Company”), a corporation duly formed under the laws of Panama and recorded on Microjacket Registration number, 308071, volume, 898, folio 241, at the Microfilm Mercantile Section of the Public Registry of the Republic of Panama, both of them domiciled in Plaza Golf Park, Brisas del Golf, PriceSmart Panama building, City of Panama, Republic of Panama, the Company being a wholly owned subsidiary of PriceSmart, Inc. (“PSI”), a Delaware, USA, corporation (which, collectively with PriceSmart Panama, S.A., are hereafter referred to as the “Companies”), and Jesus Von Chong (the “Executive”).

TWENTY- NINTH AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • October 27th, 2016 • Pricesmart Inc • Retail-variety stores

This Twenty-Ninth Amendment to Employment Agreement is made and entered into as of June 16, 2015 by and between PriceSmart, Inc., a Delaware Corporation ("Employer") and Brud Drachman ("Executive").

FOURTH AMENDMENT TO AMENDED AND RESTATED LEASE AGREEMENT
Lease Agreement • October 27th, 2016 • Pricesmart Inc • Retail-variety stores

THIS FOURTH AMENDMENT TO AMENDED AND RESTATED LEASE AGREEMENT (this “Amendment”) is made and entered into as of the date upon which the final signature of Landlord and Tenant is affixed hereto (the “Amendment Effective Date”), by and between CPT FLAGLER STATION II, LLC, a Delaware limited liability company, successor in interest to FDG Flagler Station I, LLC, a Delaware limited liability company (“Landlord”), and PRICESMART, INC., a Delaware corporation (“Tenant”).

EMPLOYMENT AGREEMENT
Employment Agreement • October 27th, 2016 • Pricesmart Inc • Retail-variety stores • California

THIS EMPLOYMENT AGREEMENT (the "Agreement") is made and entered into as of the 16th day of June, 2015, by and between PriceSmart, Inc, a Delaware corporation ("Employer"), and Rodrigo Calvo ("Executive").

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