0001193125-07-003661 Sample Contracts

PRICESMART, INC. RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • January 9th, 2007 • Pricesmart Inc • Retail-variety stores • California

THIS AGREEMENT is made between Jose Luis Laparte (the “Grantee”) and PriceSmart, Inc., a Delaware corporation (the “Company”), as of December 7, 2006. This Agreement is subject to the Company’s 2002 Equity Participation Plan (the “Plan”), the terms of which are hereby incorporated by reference. Any capitalized term not defined herein shall have the meaning ascribed to such term under the Plan.

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