0001558370-17-004689 Sample Contracts

The Michaels Companies, Inc. 2014 Omnibus Long-Term Incentive Plan

Non-Statutory Stock Option Agreement • June 6th, 2017 • Michaels Companies, Inc. • Retail-hobby, toy & game shops • Texas

• Contract Type
  Non-Statutory Stock Option Agreement
• Filed
  June 6th, 2017
• Company
  Michaels Companies, Inc.
• Industry
  Retail-hobby, toy & game shops
• Jurisdiction
  Texas

This agreement (this “Agreement”) evidences a stock option granted by The Michaels Companies, Inc. (the “Company”) to the individual named above (the “Optionee”) pursuant to and subject to the terms of The Michaels Companies, Inc. 2014 Omnibus Long-Term Incentive Plan (as amended from time to time, the “Plan”), which is incorporated herein by reference.

THE MICHAELS COMPANIES, INC. RESTRICTED STOCK UNIT AGREEMENT

Restricted Stock Unit Agreement • June 6th, 2017 • Michaels Companies, Inc. • Retail-hobby, toy & game shops • Texas

• Contract Type
  Restricted Stock Unit Agreement
• Filed
  June 6th, 2017
• Company
  Michaels Companies, Inc.
• Industry
  Retail-hobby, toy & game shops
• Jurisdiction
  Texas

This agreement (this “Agreement”) evidences the grant of restricted stock units (the “Restricted Stock Units”) by The Michaels Companies, Inc. (the “Company”) to the individual named above (the “Grantee”), pursuant to and subject to the terms of The Michaels Companies, Inc. 2014 Omnibus Long-Term Incentive Plan (as amended from time to time, the “Plan”), which is incorporated herein by reference.