0001214659-07-002497 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • November 20th, 2007 • Talbots Inc • Retail-women's clothing stores • Massachusetts

EMPLOYMENT AGREEMENT (this “Agreement”), dated as of November 20, 2007, between PHILIP KOWALCZYK (the “Executive”) and THE TALBOTS, INC., a Delaware corporation (together with it subsidiaries, the “Company”).

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THE TALBOTS, INC. RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • November 20th, 2007 • Talbots Inc • Retail-women's clothing stores

The undersigned acknowledges receipt from The Talbots, Inc. (together with its subsidiaries, the “Company” or “Talbots”) of (i) this Restricted Stock Agreement providing the terms and conditions of a grant of restricted stock made on November 20, 2007 under the 2003 Executive Stock Based Incentive Plan, as amended and restated (the “Plan”), and (ii) a copy of the Plan.

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