0001275287-06-001527 Sample Contracts

PAYLESS SHOESOURCE, INC. 3231 SE Sixth Avenue Topeka, KS 66607-2207 (785) 233-5171
Stock Appreciation Right Award Agreement • March 21st, 2006 • Payless Shoesource Inc /De/ • Retail-shoe stores • Delaware

Pursuant to the terms and conditions of the Payless ShoeSource, Inc. 1996 Stock Incentive Plan (the “1996 Plan”), you have been granted a Stock Appreciation Right (a “SAR”) for the right and privilege to receive compensation, in stock, equal to the appreciation on such number of shares of Stock identified and further outlined below:

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Stock Option Award Agreement Under the Payless ShoeSource, Inc. 1996 Stock Incentive Plan
Stock Option Award Agreement • March 21st, 2006 • Payless Shoesource Inc /De/ • Retail-shoe stores • Delaware

Pursuant to the terms and conditions of the Payless ShoeSource, Inc. 1996 Stock Incentive Plan (the “1996 Plan”), you have been granted a Non-Qualified Stock Option to purchase [#of shares] (the “Option”) of Stock as outlined below:

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