EMPLOYMENT AGREEMENTEmployment Agreement • August 12th, 2019 • Rite Aid Corp • Retail-drug stores and proprietary stores • Pennsylvania
THIS EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of the 8th day of August, 2019 by and between Rite Aid Corporation, a Delaware corporation (the “Company”) and Heyward Donigan (“Executive”).
ContractAward Agreement • August 12th, 2019 • Rite Aid Corp • Retail-drug stores and proprietary stores • Delaware
This AWARD AGREEMENT, dated as of August 12, 2019 (the “Date of Grant”), is delivered by Rite Aid Corporation (the “Company”) to Heyward Donigan (the “Grantee”). This agreement evidences the awards made under Section 1 (collectively, the “Award”). The Award is granted outside the terms of the Rite Aid Corporation 2014 Omnibus Equity Plan (the “Plan”), and the share reserve thereunder, as an “employment inducement award” within the meaning of NYSE Manual 303A.08. Subject to the terms and conditions herein, the Award will otherwise be subject to the terms and conditions set forth in the Plan (as amended from time to time as permitted by the Plan) and will be governed as if it had been granted under the Plan. The terms and conditions contained herein may be amended by the Committee as permitted by the Plan. Capitalized terms not defined herein shall have the meanings ascribed to them in the Plan. Your award will post to your E*Trade brokerage account no later than September 1, 2019.
