0001104659-03-026526 Sample Contracts

RUSS BERRIE AND COMPANY, INC. STOCK OPTION AGREEMENT
Stock Option Agreement • November 14th, 2003 • Russ Berrie & Co Inc • Dolls & stuffed toys • New Jersey

Russ Berrie and Company, Inc., a New Jersey corporation (the “Company”), does hereby grant to Geff Lee (the “Optionee”), as of the date set forth above, a stock option (the “Option”) to purchase an aggregate of 10,000 shares of its Common Stock (stated value $.10) (the “Stock”) at the price of $32.90 per share (the “Option Price”), upon the following terms and conditions.

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September 22, 2003
Russ Berrie & Co Inc • November 14th, 2003 • Dolls & stuffed toys

This Employment Agreement, effective as of February 11, 2003, amends and supercedes all previous employment agreements between Russ Berrie and Company, Inc. (the “Company”) and you (including, without limitation, the employment agreements dated January 29, 2001, December 4, 2001 and December 18, 2001, between the Company and you).

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