Standard Contracts
RESTRICTED STOCK AWARD AGREEMENT JANUARY 23, 2019 TIME-BASED AWARDRestricted Stock Award Agreement • April 29th, 2019 • Pier 1 Imports Inc/De • Retail-home furniture, furnishings & equipment stores • Texas
THIS RESTRICTED STOCK AWARD AGREEMENT (this “Agreement”) is made effective and entered into as of January 23, 2019, by and between Pier 1 Imports, Inc., a Delaware corporation (the “Company”), and Robert E. Bostrom (the “Grantee”).
EXECUTIVE SEVERANCE AGREEMENTExecutive Severance Agreement • April 29th, 2019 • Pier 1 Imports Inc/De • Retail-home furniture, furnishings & equipment stores • Texas
By this Executive Severance Agreement dated December 7, 2017 (“Agreement”), Pier 1 Imports, Inc. and its affiliates and subsidiaries (herein “Pier 1 Imports” and/or “Company”), and William H. Savage (“Executive”), intending to be legally bound, and for good and valuable consideration, agree as follows:
EXECUTIVE AGREEMENTExecutive Agreement • April 29th, 2019 • Pier 1 Imports Inc/De • Retail-home furniture, furnishings & equipment stores
By this Executive Agreement dated March 19, 2018 (“Agreement”), Pier 1 Imports, Inc. and its affiliates and subsidiaries (herein “Pier 1 Imports” and/or “Company”), and Kelly N. Cook (“Executive”), intending to be legally bound, and for good and valuable consideration, agree as follows:
RESTRICTED STOCK AWARD AGREEMENT PERFORMANCE-BASED AWARD (“SOURCING EXPENSE SAVINGS”)Restricted Stock Award Agreement • April 29th, 2019 • Pier 1 Imports Inc/De • Retail-home furniture, furnishings & equipment stores • Delaware
THIS RESTRICTED STOCK AWARD AGREEMENT (this “Agreement”) is made effective and entered into as of June 29, 2018, by and between PIER 1 IMPORTS, INC., a Delaware corporation (the “Company”), and William H. Savage (the “Grantee”).
FIRST AMENDED AND RESTATED RETENTION AWARD AGREEMENTRetention Award Agreement • April 29th, 2019 • Pier 1 Imports Inc/De • Retail-home furniture, furnishings & equipment stores • Texas
WHEREAS, Pier 1 Imports, Inc. (the “Company”) entered into a Retention Award Agreement (the “Original Agreement”) with Mark R. Haley (“Executive”), pursuant to which the Company agreed to pay to Executive a retention award of $380,000 (the “Retention Award”), in a cash lump sum, subject to applicable federal, state, and local tax and other payroll withholding, within fifteen (15) days following December 3, 2019 (the “Payment Date”) provided (i) Executive remained employed by the Company or an Affiliate through the Payment Date, (ii) Executive’s employment was terminated by the Company or an Affiliate prior to the Payment Date without Cause, or (iii) Executive resigned for Good Reason prior to the Payment Date; and
Sign-On Bonus Repayment AgreementSign-on Bonus Repayment Agreement • April 29th, 2019 • Pier 1 Imports Inc/De • Retail-home furniture, furnishings & equipment stores • Texas
By signing this Sign-On Bonus Repayment Agreement (“Agreement”) below I, Robert E. Bostrom, acknowledge that, as part of my employment offer with Pier 1 Services Company, its parent, or any of its subsidiaries or affiliates (collectively “Pier 1 Imports”), I am being offered a lump sum signing bonus of $375,000, less applicable taxes and other required withholdings (the “Bonus”), under the following terms and conditions.
RETENTION AWARD AGREEMENTRetention Award Agreement • April 29th, 2019 • Pier 1 Imports Inc/De • Retail-home furniture, furnishings & equipment stores • Texas
A retention award of $450,000 (the “Award”) will be paid by Pier 1 Imports, Inc. (the “Company”) or an Affiliate to William H. Savage (“Executive”) in a cash lump sum within fifteen days of January 10, 2019 (“Payment Date”) subject to the conditions set forth below.
Executive Relocation Repayment AgreementExecutive Relocation Repayment Agreement • April 29th, 2019 • Pier 1 Imports Inc/De • Retail-home furniture, furnishings & equipment stores • Texas
By signing this Executive Relocation Repayment Agreement (“Agreement”) below, Robert E. Bostrom (“Executive”), acknowledges that in order to ease the transition of any transfer or relocation required by Executive’s actual or anticipated employment with Pier 1 Services Company, its parent, or any of its subsidiaries or affiliates (collectively “Pier 1 Imports”), Pier 1 Imports, under the following terms and conditions, has agreed to pay Executive the sum of $100,000, less applicable taxes and other required withholdings, payable upon hire (the “Relocation Payment”). In consideration of Pier 1 Imports’ payment of the Relocation Payment, Executive hereby agrees as follows:
RETENTION AWARD REPAYMENT AGREEMENTRetention Award Repayment Agreement • April 29th, 2019 • Pier 1 Imports Inc/De • Retail-home furniture, furnishings & equipment stores • Texas
A retention award of $345,000 (the “Award”) will be paid by Pier 1 Imports, Inc. (the “Company”) or an Affiliate to Mark R. Haley (“Executive”) in a cash lump sum on or around May 7, 2018 (“Payment Date”) subject to the conditions set forth below.
