0001041803-10-000030 Sample Contracts

SIXTEENTH AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • July 9th, 2010 • Pricesmart Inc • Retail-variety stores

This Sixteenth Amendment to Employment Agreement is made and entered into as of March 15, 2010, by and between PriceSmart, Inc., a Delaware Corporation ("Employer") and John Hildebrandt ("Executive").

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LOAN AGREEMENT
Loan Agreement • July 9th, 2010 • Pricesmart Inc • Retail-variety stores

WE, SUSAN ANDREA ALTAMIRANO CISNEROS, of legal age, married, with a Degree in Business Administration, of this domicile, with Identity Card number 0501-1974-09899, acting in her capacity as General Proxy of the corporation PRICESMART HONDURAS, S.A. DE C.V., domiciled at 100 Mts al Sur de CURN, El Playón, San Pedro Sula, a corporation established by public deed number five, before the Notary Carlos López Contreras, domiciled in Tegucigalpa, M.D.C., with authorization number five hundred and forty-seven of the Honorable Supreme Court of Justice, registered under number one thousand and fifty of the Bar of Honduras in the city of San Pedro Sula, Department of Cortés, on February two, nineteen hundred and ninety-nine, and registered under number five, of volume two hundred and fifty-nine of the Book of Records of Corporate Merchants of the Real Property and Trade Registry of San Pedro Sula and, on the other hand, Mrs. MARIA DEL ROSARIO SELMAN-HOUSEIN LÓPEZ, of legal age married, with a Deg

NINETEENTH AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • July 9th, 2010 • Pricesmart Inc • Retail-variety stores

This Nineteenth Amendment to Employment Agreement is made and entered into as of March 15, 2010, by and between PriceSmart, Inc., a Delaware Corporation ("Employer") and Thomas Martin ("Executive").

SEVENTEENTH AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • July 9th, 2010 • Pricesmart Inc • Retail-variety stores

This Seventeenth Amendment to Employment Agreement is made and entered into as of March 15, 2010 by and between PriceSmart, Inc., a Delaware Corporation ("Employer") and Brud Drachman ("Executive").

STOCK PURCHASE AGREEMENT
Stock Purchase Agreement • July 9th, 2010 • Pricesmart Inc • Retail-variety stores • California

This STOCK PURCHASE AGREEMENT (this “Agreement”) is made and entered into effective as of May 5, 2010 by and among PriceSmart Exempt SRL, a Barbados corporation (“PriceSmart”), and Brisbane Trading International, Inc., a Panamanian company (“Brisbane”). For purposes of this Agreement, each of PriceSmart and Brisbane are referred to as a “Party,” and collectively, as the “Parties.”

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