0001359824-10-000045 Sample Contracts

JOINT FILING AGREEMENT
Joint Filing Agreement • October 18th, 2010 • Becker Drapkin Management, L.P. • Retail-apparel & accessory stores

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, each of the undersigned hereby agrees to the joint filing on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the Common Stock of Hot Topic, Inc., and that this Agreement be included as an Exhibit to such joint filing.

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Contract
Restricted Stock Bonus Agreement • October 18th, 2010 • Becker Drapkin Management, L.P. • Retail-apparel & accessory stores • California
Contract
Non-Statutory Stock Option Agreement • October 18th, 2010 • Becker Drapkin Management, L.P. • Retail-apparel & accessory stores

HOT TOPIC, INC. NON-STATUTORY STOCK OPTION AGREEMENT (Facing Page) Name of Optionee: Steven R. Becker Hot Topic, Inc. (the "Company"), pursuant to its 2006 Equity Incentive Plan (the "Plan") has on October 12, 2010 granted to you, the optionee named above, options to purchase shares of the common stock of the Company ("Common Stock") consisting of a discretionary grant of an option to purchase 9,765 shares of common stock (the "Option") pursuant to the non-employee director compensation policy as approved by the Board of Directors of the Company (the "Board"). This Option is a "non-statutory stock option" and is not intended to qualify and will not be treated as an "incentive stock option" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"). Number of Shares covered by the Option (the "Option Shares"): 9,765 Purchase Price Per Option Share: $6.08 (1) The Option shall become exercisable based on the following vesting schedule: Date # of Option

HOT TOPIC, INC. NON-STATUTORY STOCK OPTION AGREEMENT (Facing Page)
Stock Option Agreement • October 18th, 2010 • Becker Drapkin Management, L.P. • Retail-apparel & accessory stores

Name of Optionee: Matthew A. Drapkin Hot Topic, Inc. (the "Company"), pursuant to its 1996 Non-Employee Directors' Stock Option Plan, as amended (the "Plan") has on October 1, 2010 granted to you, the optionee named above, options to purchase shares of the common stock of the Company ("Common Stock") consisting of an automatic grant of an option to purchase 10,000 shares of common stock (the "Option") pursuant to paragraph 5(a) of the Plan and the non-employee director compensation policy as approved by the Board of Directors of the Company (the "Board"). This Option is a "non-statutory stock option" and is not intended to qualify and will not be treated as an "incentive stock option" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"). Number of Shares covered by the Option (the "Option Shares"): 10,000 Purchase Price Per Option Share: $6.05 (1) The Option shall become exercisable based on the following vesting schedule: Date # of Options Ve

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