RESTRICTED STOCK AGREEMENTRestricted Stock Agreement • December 6th, 2019 • Michaels Companies, Inc. • Retail-hobby, toy & game shops • 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.
RESTRICTED STOCK UNIT AGREEMENTRestricted Stock Unit Agreement • December 6th, 2019 • Michaels Companies, Inc. • Retail-hobby, toy & game shops • 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.
NON-STATUTORY STOCK OPTION AGREEMENTNon-Statutory Stock Option Agreement • December 6th, 2019 • Michaels Companies, Inc. • Retail-hobby, toy & game shops • 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.
RESTRICTED STOCK UNIT AGREEMENTRestricted Stock Unit Agreement • December 6th, 2019 • Michaels Companies, Inc. • Retail-hobby, toy & game shops • 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.
AMENDMENT TO LETTER AGREEMENTLetter Agreement • December 6th, 2019 • Michaels Companies, Inc. • Retail-hobby, toy & game shops
This amendment (this “Amendment”) amends, effective October 21, 2019, the employment letter agreement (the “Letter Agreement”) entered into by and between Mark Cosby (the “Executive” or “you”), Michaels Stores, Inc. (the “Company”) and The Michaels Companies, Inc. (“Parent”) describing the terms and conditions of the Executive’s employment with the Company as set forth below. Capitalized terms not defined in this Amendment have the respective meanings ascribed to them in the Letter Agreement.
