0001104659-20-046361 Sample Contracts

Long-Term Cash Incentive Award Agreement

Long-Term Cash Incentive Award Agreement • April 14th, 2020 • Michaels Companies, Inc. • Retail-hobby, toy & game shops • Texas

• Contract Type
  Long-Term Cash Incentive Award Agreement
• Filed
  April 14th, 2020
• Company
  Michaels Companies, Inc.
• Industry
  Retail-hobby, toy & game shops
• Jurisdiction
  Texas

This agreement (this “Agreement”) evidences the grant of a long-term cash incentive award by The Michaels Companies, Inc. (the “Company”) to the individual named above (the “Grantee”).

April 9, 2020

Employment Agreement • April 14th, 2020 • Michaels Companies, Inc. • Retail-hobby, toy & game shops

• Contract Type
  Employment Agreement
• Filed
  April 14th, 2020
• Company
  Michaels Companies, Inc.
• Industry
  Retail-hobby, toy & game shops

We are pleased to confirm the terms and conditions of your continued employment with Michaels Stores, Inc. (the “Company”), as set forth in this letter agreement (this “Agreement”). This Agreement is made and entered into and effective as of the date hereof (the “Effective Date”), subject to approval by the board of directors (the “Board”) of The Michaels Companies, Inc. (“Parent”).