0001193125-03-045999 Sample Contracts

INDEPENDENT CONTRACTOR AGREEMENT
Independent Contractor Agreement • September 5th, 2003 • Pricesmart Inc • Retail-variety stores • California

This Independent Contractor Agreement (this “Agreement”) is effective as of September 1, 2003, by and between PRICESMART, INC., a Delaware corporation (“Price”), and Allan Youngberg, an individual (“Contractor”), with respect to the following facts:

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SEVERANCE AGREEMENT AND RELEASE OF CLAIMS
Severance Agreement • September 5th, 2003 • Pricesmart Inc • Retail-variety stores • California

THIS SEVERANCE AGREEMENT AND RELEASE OF CLAIMS (“Agreement”) is entered into as of September 4, 2003 by and between PRICESMART, INC. (referred to herein as “Company”) and Allan C. Youngberg (“Employee”).

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