0001193125-15-114430 Sample Contracts

ULTA SALON, COSMETICS & FRAGRANCE, INC.
Restricted Stock Unit Award Agreement • March 31st, 2015 • Ulta Salon, Cosmetics & Fragrance, Inc. • Retail-retail stores, nec

Ulta Salon, Cosmetics & Fragrance, Inc. (the “Company”) pursuant to the Ulta Salon, Cosmetics & Fragrance, Inc. 2011 Incentive Award Plan (the “Plan”) hereby grants the following individual the right to earn Restricted Stock Units (each, an “RSU”), subject to the requirements set forth herein and in the Plan. Each RSU earned entitles the Holder to receive an equal number of shares of common stock, par value $0.01 per share (“Shares”) at settlement, as described herein.

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