0001157523-10-007422 Sample Contracts

Confidential Treatment Requested
Credit Card Program Agreement • December 30th, 2010 • Pier 1 Imports Inc/De • Retail-home furniture, furnishings & equipment stores • Delaware

This Credit Card Program Agreement (“Agreement”) is made as of the 1st day of January 2011 (“Effective Date”), by and among Pier 1 Imports (U.S.), Inc., a Delaware corporation ("Pier 1"), and Chase Bank USA, N.A., a national bank ("Bank").

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Pier 1 Imports and Chase Enter Into a New Contract Chase to Continue to Issue Private-Label Credit Cards on Behalf of Pier 1 Imports
Pier 1 Imports Inc/De • December 30th, 2010 • Retail-home furniture, furnishings & equipment stores

NEW YORK & WILMINGTON, Del. & FORT WORTH, Texas--(BUSINESS WIRE)--December 30, 2010 – Pier 1 Imports, Inc. (NYSE:PIR), through a subsidiary, and Chase Bank USA, N.A. have entered into a new agreement, replacing and shortening their 2006 marketing and servicing agreement for the operation of the Pier 1 Imports private-label credit card. Under the new agreement, Pier 1 Imports will receive a lump-sum payment from Chase in December 2010 and will continue to receive ongoing payments based on credit card sales.

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