Exhibit 10.3
UNITED NATURAL FOODS, INC.
Terms and Conditions of Grant of Restricted Share Units to Employee
2012 Equity Incentive Plan

These Terms and Conditions of Grant of Restricted Share Units to Employee (these
“Terms and Conditions”), shall apply to the grant by United Natural Foods, Inc.,
a Delaware corporation (the “Company”), to the Participant of an award of
Restricted Share Units, pursuant to the Company's 2012 Equity Incentive Plan (as
amended from time to time, the “Plan”). Except in the preceding sentence and
where the context otherwise requires, the term “Company” shall include the
Company and all present and future Subsidiaries. All capitalized terms that are
used in these Terms and Conditions without definition shall have the meanings
set forth in the Plan.
1.Definitions.

(a)Award Agreement has the meaning set forth in Section 2 of these Terms and
Conditions.

(b)Communication of Award means the communication delivered by an authorized
representative of the Company to the Participant identifying that an Award has
been granted together with the details of the Award (including the identity of
the Participant, the Grant Date, and the number of Restricted Share Units that
were awarded to the Participant) set forth in the award summary portion of the
online award acceptance process used in connection with electronic
administration of Awards under the Plan.

(c)Grant Date means the date on which the Restricted Share Units were granted as
set forth in the Communication of Award.

(d)Participant, solely for purposes of the Award Agreement, means the individual
identified in the Communication of Award.

(e)Restricted Share Unit means a right to receive any one Share of the Company's
common stock, par value $0.01 per share, from the Company following the
expiration of the Restriction Period.

(f)Restriction Period with respect to the Restricted Share Units means the
period commencing upon the Grant Date and ending on the dates provided under
Section 3 of these Terms and Conditions.

2.Grant of Restricted Share Units. Effective on the Grant Date and subject to
the provisions of the Plan and these Terms and Conditions, the Company has
granted to the Participant the number of Restricted Share Units set forth in the
Communication of Award. A Restricted Share Unit does not represent an equity
interest in the Company and carries no voting or dividend rights. The
information contained in the Communication of Award with respect to the
Participant and the Restricted Share Units is incorporated herein by reference
and together with these Terms and Conditions shall constitute an Award Agreement
(the “Award Agreement”) for purposes of the Plan. By accepting the award of
Restricted Share Units and acknowledging these Terms and Conditions, the
Participant agrees to be bound by the provisions of the Plan and these

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Terms and Conditions with respect to the Restricted Share Units. Acceptance of
the award of Restricted Share Units and acknowledgment of these Terms and
Conditions may be made in a writing signed by the Participant and delivered to
the Company or through the online award acceptance process used in connection
with electronic administration of awards under the Plan.

3.Restriction Period.

(a)The Restriction Period shall expire with respect to twenty-five percent (25%)
of the Restricted Share Units on the first anniversary of the Grant Date and
with respect to an additional twenty-five percent (25%) of such Restricted Share
Units on each succeeding anniversary of the Grant Date so as to be expired with
regard to all Restricted Share Units on the fourth anniversary of the Grant
Date, conditioned on each such date on the Participant maintaining continuous
employment with (or other service-providing capacity with) the Company since the
Grant Date (or if later, the date on which the Participant first became an
employee or service provider). Notwithstanding the foregoing, the Restriction
Period shall expire with respect to all Restricted Share Units upon the death or
Disability of the Participant.

(b)The Restriction Period shall be deemed to expire for all Restricted Share
Units if, within twelve months after the Company obtains actual knowledge that a
Change in Control has occurred, the Participant's employment with or service to
the Company or any Affiliate of the Company is terminated for any reason.

(c)The Restricted Period shall be deemed to expire for all Restricted Share
Units if the Participant’s employment with or service to the Company or any
Affiliate of the Company is terminated by the Company or such Affiliate of the
Company without Cause.

(d)If the Participant's employment with or service to the Company or any
Affiliate is terminated, or the Participant otherwise separates from service
under circumstances not described in Sections 3(a), 3(b) or 3(c), all Restricted
Share Units as to which the Restriction Period has not expired shall be canceled
immediately, and shall not be payable, except to the extent the Committee
decides otherwise.

4.Payment. No later than 2½ months after the end of the calendar year in which
the Restriction Period expires with respect to Restricted Share Units, the
Company shall issue to the Participant (or the Participant's assignee or
beneficiary if permitted by the Plan or the Committee) one Share for each
Restricted Share Unit for which the Restriction Period expired.

5.Rights as a Stockholder. The Participant shall have no rights as a stockholder
with respect to any Shares which may be issued upon expiration of the
Restriction Period (including, without limitation, voting rights and any rights
to receive dividends or non-cash distributions with respect to such Shares)
unless and until the Restriction Period shall have expired. No adjustment shall
be made for dividends or other rights for which the record date is prior to the
date such Restriction Period shall have expired.

6.Withholding. The Company's obligation to deliver the Shares upon the
expiration of the Restriction Period shall be subject to the Participant's
satisfaction of any applicable federal, state, and foreign withholding
obligations or withholding taxes (“Withholding Taxes”), including any employer
minimum statutory withholding, and the Participant shall pay the

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amount of any such Withholding Taxes to the Company as set forth in this Section
5. The Participant may satisfy his or her obligation to pay the Withholding
Taxes by (i) making a cash payment to the Company in an amount equal to the
Withholding Taxes; (ii) having the Company withhold Shares otherwise deliverable
to the Participant in connection with the expiration of the Restriction Period;
or (iii) delivering to the Company shares of Common Stock already owned by the
Participant; provided that in the case of (ii) or (iii) the amount of such
Shares withheld or shares of Common Stock delivered shall not exceed the amount
necessary to satisfy the Withholding Taxes. The Participant acknowledges and
agrees that the Company has the right to deduct from compensation or other
amounts owing to the Participant an amount not to exceed the Withholding Taxes.

7.No Guarantee of Employment. Nothing in the Award Agreement or in the Plan
shall confer upon the Participant any right to continues in the employ of the
Company, or shall interfere with or restrict in any way the rights of the
Company, which are hereby expressly reserved, to discharge the Participant at
any time for any reason whatsoever, with or without Cause.

8.Amendment. Subject to the restrictions contained in the Plan, the Committee
may waive any conditions or rights under, amend any terms of or alter, suspend,
discontinue, cancel or terminate, this Award Agreement and the Restricted Share
Units, prospectively or retroactively in time (and in accordance with Section
409A of the Code with regard to awards subject thereto); provided that any such
waiver, amendment, alteration, suspension, discontinuance, cancellation or
termination that would materially and adversely affect the rights of the
Participant or any holder or beneficiary of the Restricted Share Units shall not
to that extent be effective without the consent of the Participant, holder or
beneficiary. The Committee is authorized to make equitable and proportionate
adjustments in the terms and conditions of, and the criteria included in, the
Award Agreement and the Restricted Share Units as set forth in the Plan.

9.Determinations by Committee. Except as otherwise expressly provided in the
Plan, all designations, determinations, interpretations, and other decisions
under or with respect to the Plan or the Award Agreement shall be within the
sole discretion of the Committee, may be made at any time and shall be final,
conclusive, and binding upon all Persons.

10.Provisions of the Plan. The Participant hereby acknowledges receipt of a copy
of the Plan with the Award Agreement and agrees to be bound by all the terms and
provisions of the Plan. The Award Agreement is governed by the terms of the
Plan, and in the case of any inconsistency between the Award Agreement and the
terms of the Plan, the terms of the Plan shall govern.

11.Nontransferability of Restricted Share Units. Except as otherwise provided in
the Plan, the Restricted Share Units and this Award Agreement shall not be
assigned, alienated, pledged, attached, sold or otherwise transferred or
encumbered by the Participant. Any attempt to assign, alienate, pledge, attach,
sell or otherwise transfer or encumber the Restricted Share Units otherwise than
as permitted by the Plan and this Award Agreement shall, at the election of the
Company, be null and void. Transfer of the Restricted Share Units for value is
not permitted under the Plan or this Award Agreement.

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12.Notices. Any notice required or permitted to be given to the Participant
under the Award Agreement shall be in writing and shall be deemed effective upon
personal delivery or upon deposit in the United States mail with postage and
fees prepaid. Any notice or communication required or permitted to be given to
the Company under the Award Agreement shall be in writing and shall be deemed
effective only upon receipt by the Secretary of the Company at the Company's
principal office.

13.Waiver. The waiver by the Company of any provision of the Award Agreement at
any time or for any purpose shall not operate as or be construed to be a waiver
of the same or any other provision of the Award Agreement at any subsequent time
or for any other purpose.

14.Governing Law. The validity, construction and effect of the Award Agreement
shall be determined in accordance with the laws of the State of Delaware without
giving effect to conflicts of laws principles.

15.Successors. The Award Agreement shall inure to the benefit of and be binding
upon any successor to the Company and shall inure to the benefit of the
Participant's legal representative. All obligations imposed upon the Participant
and all rights granted to the Company under the Award Agreement shall be binding
upon the Participant's heirs, executors, administrator and successors.

16.Electronic Communication. The Company may, in its sole discretion, decide to
deliver any document related to current or future participation in the Plan by
electronic means. The Participant hereby consents to receive such documents by
electronic delivery and agrees to participate in the Plan through an online or
electronic system established and maintained by the Company or a third party
designated by the Company.