0001193125-13-005587 Sample Contracts

THE WET SEAL, INC. EMPLOYMENT AGREEMENT
Employment Agreement • January 7th, 2013 • Wet Seal Inc • Retail-women's clothing stores • California

This Employment Agreement (the “Agreement”), made this 7th day of January, 2013, is made by and between The Wet Seal, Inc., a Delaware corporation (the “Company”), and John Goodman (“Executive”) (collectively referred to herein as the “Parties”).

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RESTRICTED STOCK AWARD AGREEMENT UNDER THE WET SEAL, INC.
Restricted Stock Award Agreement • January 7th, 2013 • Wet Seal Inc • Retail-women's clothing stores • California

THIS RESTRICTED STOCK AWARD AGREEMENT (this “Agreement”), made as of [ ], 2013 (the “Grant Date”), by and between The Wet Seal, Inc. (the “Company”) and [ ] (“Participant”), evidences the grant by the Company of a stock award of shares of restricted Class A common stock, $0.10 par value per share (the “Restricted Stock”) to Participant and Participant’s acceptance of the Restricted Stock in accordance with the provisions of The Wet Seal, Inc. Amended and Restated 2005 Stock Incentive Plan, as amended and/or restated from time to time (the “Plan”). All capitalized terms not defined herein shall have the meaning ascribed to them in the Plan.

PERFORMANCE STOCK AWARD AGREEMENT UNDER THE WET SEAL, INC.
Performance Stock Award Agreement • January 7th, 2013 • Wet Seal Inc • Retail-women's clothing stores • California

THIS PERFORMANCE STOCK AWARD AGREEMENT (this “Agreement”), made as of [ ], 2013 (the “Grant Date”), by and between The Wet Seal, Inc. (the “Company”) and [ ] (“Participant”), evidences the grant by the Company of a performance share award consisting of shares of restricted Class A common stock, $0.10 par value per share (the “Performance Stock”) to Participant and Participant’s acceptance of the Performance Stock in accordance with the provisions of The Wet Seal, Inc. Amended and Restated 2005 Stock Incentive Plan, as amended and/or restated from time to time (the “Plan”). All capitalized terms not defined herein shall have the meaning ascribed to them in the Plan.

THE WET SEAL, INC. CHANGE IN CONTROL AND SEVERANCE AGREEMENT
Change in Control and Severance Agreement • January 7th, 2013 • Wet Seal Inc • Retail-women's clothing stores • California

This Change in Control and Severance Agreement (the “Agreement”) is made and entered into by and between John Goodman (“Executive”) and The Wet Seal, Inc., a Delaware corporation (the “Company”), this 7th day of January, 2013, effective as of the date Executive commences employment with the Company (the “Effective Date”).

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