0001558370-19-005553 Sample Contracts

RESTRICTED STOCK AGREEMENT

Restricted Stock Agreement • June 7th, 2019 • Michaels Companies, Inc. • Retail-hobby, toy & game shops • Texas

• Contract Type
  Restricted Stock Agreement
• Filed
  June 7th, 2019
• Company
  Michaels Companies, Inc.
• Industry
  Retail-hobby, toy & game shops
• Jurisdiction
  Texas

This agreement (this “Agreement”) evidences the grant of restricted shares of Stock 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. Except as otherwise defined herein, each initially capitalized term used herein has the meaning assigned to such term in the Plan.

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

Non-Statutory Stock Option Agreement • June 7th, 2019 • Michaels Companies, Inc. • Retail-hobby, toy & game shops • Texas

• Contract Type
  Non-Statutory Stock Option Agreement
• Filed
  June 7th, 2019
• 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.