AWARD AGREEMENT UNDER THE WET SEAL, INC.Award Agreement • July 13th, 2005 • Wet Seal Inc • Retail-women's clothing stores • California
Contract Type FiledJuly 13th, 2005 Company Industry JurisdictionTHIS AWARD AGREEMENT (this “Agreement”), dated as of July 7, 2005 and effective as of January 1, 2005 (the “Grant Date”), by and between The Wet Seal, Inc. (the “Company”) and Michael Gold (the “Participant”) who is a consultant to the Company, evidences the grant by the Company of a stock award of performance shares (the “Performance Shares”) to the Participant and restricted stock (the “Restricted Stock”) under The Wet Seal, Inc. 2005 Stock Incentive Plan, (as amended from time to time the “Plan”) and the Participant’s acceptance thereof. The Company and the Participant agree as follows: