Exhibit (10)W

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Target Corporation 2011 Long-Term Incentive Plan

EXECUTIVE
RESTRICTED STOCK UNIT AGREEMENT
(U.S. and Canada)
THIS RESTRICTED STOCK UNIT AGREEMENT (the “Agreement”) is made in Minneapolis,
Minnesota as of the date of grant (the “Grant Date”) set forth in the award
letter (the “Award Letter”) by and between the Company and the person (the
“Executive”) identified in the Award Letter. This award (the “Award”) of
Restricted Stock Units (“RSUs”), provided to you as a Service Provider, is being
issued under the Target Corporation 2011 Long-Term Incentive Plan (the “Plan”),
subject to the following terms and conditions. The intent of the Award is for
the Executive to earn the Award, subject to minimum Company performance, for
providing Service to the Company or a Subsidiary over the three years starting
on the Grant Date and, except for the specific circumstances described in this
Agreement, receive the Shares issuable under the RSUs after the third
anniversary of the Grant Date.

1.    Definitions. Except as otherwise provided in this Agreement, the defined
terms used in this Agreement shall have the same meaning as in the Plan. The
term “Committee” shall also include those persons to whom authority has been
delegated under the Plan.

2.    Grant of RSUs. Subject to the relevant terms of the Plan and this
Agreement, as of the Grant Date, the Company has granted the Executive the
number of RSUs set forth in the Award Letter.

3.    Minimum Performance Condition. The Award is subject to a minimum
performance condition established by the Committee for the Company’s first full
fiscal year commencing after the Grant Date (the “Performance Period”). Except
as set forth in Section 7, as a condition to the receipt of any Shares in
settlement of the Award, the Company’s earnings from continuing operations
before interest expense and income taxes, excluding: (a) restructuring, exit or
disposal costs under ASC 420 and ASC 712, (b) impairment charges under ASC 350
and ASC 360, and (c) benefit plan curtailment, settlement, amendment and
termination gains and losses under ASC 715, must be greater than zero for the
Performance Period (the “Minimum Performance Condition”). The Committee shall
determine whether the Minimum Performance Condition is satisfied as soon as
practicable after completion of the Performance Period, but in any event not
later than November 30 of the calendar year in which the Performance Period ends
(the date the Committee so determines, the “Determination Date”). Except as set
forth in Section 7, the Award shall be cancelled and the Executive shall have no
rights hereunder if either (i) the Determination Date does not occur or (ii) the
Committee determines on the Determination Date that the Minimum Performance
Condition has not been satisfied.

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4.    Vesting Schedule. The RSUs shall vest on the earlier of: (a) the third
anniversary of the Grant Date, in which case, all of the RSUs shall become
vested; (b) the date that the conditions for an Accelerated Vesting Event set
forth in Section 5 are satisfied, in which case, all of the RSUs shall become
vested; or (c) as specified in Sections 6 or 7. The date of vesting is referred
to as the “Vesting Date”. All such vested RSUs shall be paid out as provided in
Section 11, in accordance with and subject to any restrictions set forth in this
Agreement, the Plan or any Release Agreement that the Executive may be required
to enter pursuant to Sections 5 or 6. “Release Agreement” means an agreement
containing a release of claims, a covenant not to engage in competitive
employment, and/or other provisions deemed appropriate by the Committee in its
sole discretion and, for an Executive subject to Canadian employment law, will
be satisfied by the release contemplated in his or her separate employment
agreement, including the post-employment confidentiality, non-compete and
non-solicitation provisions contained in that separate employment agreement.

5.    Accelerated Vesting Events. Upon the occurrence of one of the following
events (each, an “Accelerated Vesting Event”), the RSUs subject to this
Agreement shall become vested as provided below:

(a)    Early Retirement. If the Early Retirement Conditions are satisfied the
RSUs shall vest in full (if the Minimum Performance Condition is satisfied) as
of the later of (i) the Determination Date, or (ii) the date the last of the
Early Retirement Conditions is satisfied, as applicable. The “Early Retirement
Conditions” are: (i) the Executive attaining age 55 and completing at least 15
years of Service (which 15 years need not be continuous) on or prior to the
Executive’s voluntary termination of Service, (ii) the Company receiving a valid
unrevoked Release Agreement from the Executive, and (iii) the Executive must
have commenced discussions with the Company’s Chief Executive Officer or most
senior human resources executive regarding the Executive’s consideration of
termination at least six months prior to the Executive’s voluntary termination
of Service.

(b)    Normal Retirement. If the Normal Retirement Conditions are satisfied the
RSUs shall vest in full (if the Minimum Performance Condition is satisfied) as
of the later of (i) the Determination Date, or (ii) the date the last of the
Normal Retirement Conditions is satisfied, as applicable. The “Normal Retirement
Conditions” are: (i) the Executive attaining age 60 and completing at least 10
years of Service (which 10 years need not be continuous) on or prior to the
Executive’s voluntary termination of Service, (ii) the Company receiving a valid
unrevoked Release Agreement from the Executive, and (iii) the Executive must
have commenced discussions with the Company’s Chief Executive Officer or most
senior human resources executive regarding the Executive’s consideration of
termination at least six months prior to the Executive’s voluntary termination
of Service.

(c)    Death. In the case of the Executive’s death prior to the Executive’s
termination of Service, the RSUs shall vest in full (if the Minimum Performance
Condition is satisfied) as of the later of (i) the Determination Date, or (ii)
the date of the Executive’s death.

(d)    Disability. In the case of the Executive’s Disability prior to the
Executive’s termination of Service, the RSUs shall vest in full (if the Minimum
Performance Condition is

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satisfied) as of the later of (i) the Determination Date, or (ii) the date of
the Executive’s Disability.

6.    Involuntary Service Separation. Notwithstanding any other provisions of
this Agreement to the contrary, and provided that the Company has received a
valid unrevoked Release Agreement from the Executive, if the Executive’s Service
is involuntarily terminated by the Company or a Subsidiary to which the
Executive is providing Service (the “Service Recipient”) prior to the third
anniversary of the Grant Date other than for Cause (an “Involuntary Service
Separation”), then 50% of the RSUs shall vest (if the Minimum Performance
Condition is satisfied) as of the later of (a) the Determination Date, or (b)
the date of the Executive’s Involuntary Service Separation. All remaining RSUs
shall be cancelled and the Executive shall have no rights to such cancelled
RSUs.

7.    Change in Control.

(a)    If a Change in Control occurs prior to the Determination Date or after a
Committee determination on the Determination Date that the Minimum Performance
Condition has been satisfied, the Award will continue to be subject to the
Vesting Schedule provided in Section 4 and the Minimum Performance Condition
shall be deemed to be satisfied, except that if, after a Change in Control and
prior to the end of the Performance Period:

(i)    the Executive’s Service terminates voluntarily by the Executive for Good
Reason (as defined in Section 11(b)(1)(y) of the Plan) or involuntarily without
Cause, and provided that the Company has received a valid unrevoked Release
Agreement from the Executive, then a number of unvested RSUs will immediately
vest such that the total number of RSUs that vest and are converted to Shares
under this Award equals the greater of (A) 50% of the total number of Shares
subject to this Award, or (B) the total number of Shares subject to this Award
multiplied by a fraction. The numerator of such fraction referred to in this
Section 7(a)(i)(B) shall be the number of months that have elapsed between the
Grant Date and the date of termination of Service following the Change in
Control, and the denominator shall be thirty-six (36) months. Notwithstanding
the foregoing in this Section 7(a)(i), the RSUs shall vest in full if, on or
prior to the termination of Service under this Section 7(a)(i), the Executive
satisfies the age and years of Service requirements of either the “Early
Retirement Conditions” in Section 5(a) or the “Normal Retirement Conditions” in
Section 5(b) and the Company has received a valid unrevoked Release Agreement
from the Executive.

(ii)    the Executive experiences an Accelerated Vesting Event described in
Section 5, then the RSUs subject to this Agreement shall vest in full as of the
date specified for the applicable Accelerated Vesting Event in Section 5.

(b)    If, prior to a Change in Control, the Committee has determined on the
Determination Date that the Minimum Performance Condition has not been
satisfied, then the Award shall be cancelled and the Executive shall have no
rights hereunder.

8.    Cause. Notwithstanding any other provisions of this Agreement to the
contrary, if the Committee concludes, in its sole discretion, that the
Executive’s Service was terminated in

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whole or in part for Cause, all of the RSUs subject to the Award shall terminate
immediately and the Executive shall have no rights hereunder.

9.    Other Termination; Changes of Service. If the Executive’s termination of
Service occurs at any time prior to the third anniversary of the Grant Date for
any reason not meeting the conditions specified in Sections 5 through 8, all of
the RSUs subject to the Award shall terminate effective as of the date of
termination of Service and the Executive shall have no rights hereunder. Service
shall not be deemed terminated in the case of (a) any approved leave of absence,
or (b) transfers among the Company and any Subsidiaries in the same Service
Provider capacity; however, a termination of Service shall occur if (i) the
relationship the Executive had with the Company or a Subsidiary at the Grant
Date terminates, even if the Executive continues in another Service Provider
capacity with the Company or a Subsidiary, or (ii) the Executive experiences a
“separation from service” within the meaning of Code Section 409A.

10.    Dividend Equivalents. The Executive shall have the right to receive
additional RSUs with a value equal to the regular cash dividend paid on one
Share for each RSU held pursuant to this Agreement prior to the conversion of
RSUs and issuance of Shares pursuant to Section 11. The number of additional
RSUs to be received as dividend equivalents for each RSU held shall be
determined by dividing the cash dividend per share by the Fair Market Value of
one Share on the dividend payment date; provided, however, that for purposes of
avoiding the issuance of fractional RSUs, on each dividend payment date the
additional RSUs issued as dividend equivalents shall be rounded up to the
nearest whole number. All such additional RSUs received as dividend equivalents
shall be subject to forfeiture in the same manner and to the same extent as the
original RSUs granted hereby, and shall be converted into Shares on the basis
and at the time set forth in Section 11 hereof.

11.    Conversion of RSUs and Issuance of Shares.

(a)    Timing. Vested RSUs shall be converted to Shares and shall be issued
within 90 days following the earliest to occur of (i) the third anniversary of
the Grant Date, (ii) the Executive’s “separation from service” as such term is
defined for purposes of Code Section 409A, (iii) the Executive’s death, or (iv)
the Executive’s Disability (as determined by the Committee in its sole
discretion, provided such determination complies with the definition of
disability under Code Section 409A). Notwithstanding the foregoing, if any of
the events specified in subsections (ii), (iii), or (iv) of this Section 11(a)
occur prior to the end of the Performance Period, then the vested RSUs shall be
converted to Shares on a one-for-one basis and shall be issued within 90 days
following completion of the Performance Period.

(b)    Limitation for Specified Employees. If any Shares shall be issuable with
respect to the RSUs as a result of the Executive’s “separation from service” at
such time as the Executive is a “specified employee” within the meaning of Code
Section 409A, then no Shares shall be issued, except as permitted under Code
Section 409A, prior to the first business day after the earlier of (i) the date
that is six months after the Executive’s “separation from service”, or (ii) the
Executive’s death.

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(c)    Unvested RSUs. All of the RSUs subject to the Award that are unvested as
of the time the vested RSUs are converted and Shares are issued under this
Section 11 shall terminate immediately and the Executive shall have no rights
hereunder with respect to those unvested RSUs.

(d)    Code Section 409A. The Committee in its sole discretion may accelerate or
delay the distribution of any payment under this Agreement to the extent allowed
or required under Code Section 409A. Payment of amounts under this Agreement are
intended to comply with the requirements of Code Section 409A and this Agreement
shall in all respects be administered and construed to give effect to such
intent.

12.    Taxes. The Executive acknowledges that (a) the ultimate liability for any
and all income tax, social insurance, payroll tax, payment on account or other
tax-related withholding (“Tax-Related Items”) legally due by him or her is and
remains the Executive’s responsibility and may exceed the amount actually
withheld by the Company and/or the Service Recipient and (b) the Company and/or
the Service Recipient or a former Service Recipient, as applicable, (i) make no
representations or undertakings regarding the treatment of any Tax-Related Items
in connection with any aspect of the RSUs, including, but not limited to, the
grant, vesting and/or conversion of the RSUs and issuance of Shares; (ii) do not
commit and are under no obligation to structure the terms of the grant or any
aspect of the RSUs to reduce or eliminate the Executive’s liability for
Tax-Related Items; (iii) may be required to withhold or account for Tax-Related
Items in more than one jurisdiction if the Executive has become subject to tax
in more than one jurisdiction between the Grant Date and the date of any
relevant taxable event; and (iv) may refuse to deliver the Shares to the
Executive if he or she fails to comply with his or her obligations in connection
with the Tax-Related Items as provided in this Section.

The Executive authorizes and consents to the Company and/or the Service
Recipient, or their respective agents, satisfying all applicable Tax-Related
Items which the Company reasonably determines are legally payable by him or her
by withholding from the Shares that would otherwise be delivered to the
Executive the highest number of whole Shares that the Company determines has a
value less than or equal to the aggregate applicable Tax-Related Items. In lieu
thereof, the Executive may elect at the time of conversion of the RSUs such
other then-permitted method or combination of methods established by the Company
and/or the Service Recipient to satisfy the Executive’s Tax-Related Items.

13.    Limitations on Transfer. The Award shall not be sold, assigned,
transferred, exchanged or encumbered by the Executive other than pursuant to the
terms of the Plan.

14.    Recoupment Provision. In the event of a restatement of the Company’s
consolidated financial statements that is caused, in whole or in part, by the
intentional misconduct of the Executive, the Company may take one or more of the
following actions with respect to the Award, as determined by the Compensation
Committee of the Board (the “Compensation Committee”) in its sole discretion,
and the Executive shall be bound by such determination:

(a)    cancel all or a portion of the RSUs, whether vested or unvested,
including any dividend equivalents related to the Award; and

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(b)    require repayment of all or any portion of the amounts realized or
received by the Executive resulting from the conversion of RSUs to Shares or the
sale of Shares related to the Award.

The term “restatement” shall mean the result of revising financial statements
previously filed with the Securities and Exchange Commission to reflect the
correction of an error. The term “intentional misconduct” shall be limited to
conduct that the Compensation Committee determines indicates intent to mislead
management, the Board, or the Company’s shareholders, but shall not include good
faith errors in judgment made by the Executive.

The Executive agrees that the Company may setoff any amounts it is entitled to
recover under this Section against any amounts owed by the Company to the
Executive under any of the Company’s deferred compensation plans to the extent
permitted under Code Section 409A. The Executive further agrees that the terms
of this Section shall survive the Executive’s termination of Service and any
conversion of the Award into Shares. This Section 14 shall not apply, and no
amounts may be recovered hereunder, following a Change in Control.

15.    No Employment Rights. Nothing in this Agreement, the Plan or the Award
Letter shall confer upon the Executive any right to continued Service with the
Company or any Subsidiary, as applicable, nor shall it interfere with or limit
in any way any right of the Company or any Subsidiary, as applicable, to
terminate the Executive’s Service at any time with or without Cause or change
the Executive’s compensation, other benefits, job responsibilities or title
provided in compliance with applicable local laws and permitted under the terms
of the Executive’s Service contract, if any.

(a)    The Executive’s rights to vest in the RSUs or receive Shares after
termination of Service shall be determined pursuant to Sections 4 through 11.
Those rights and the Executive’s date of termination of Service will not be
extended by any notice period mandated under local law (e.g., active service
would not include a period of “garden leave” or similar notice period pursuant
to local law).

(b)    This Agreement, the Plan and the Award Letter are separate from, and
shall not form, any part of the contract of Service of the Executive, or affect
any of the rights and obligations arising from the Service relationship between
the Executive and the Company and/or the Service Recipient.

(c)    No Service Provider has a right to participate in the Plan. All decisions
with respect to future grants, if any, shall be at the sole discretion of the
Company and/or the Service Recipient.

(d)    The Executive will have no claim or right of action in respect of any
decision, omission or discretion which may operate to the disadvantage of the
Executive.

16.    Nature of Grant. In accepting the grant, the Executive acknowledges,
understands, and agrees that:

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(a)    the Plan is established voluntarily by the Company, it is discretionary
in nature and it may be modified, amended, suspended or terminated by the
Company at any time, unless otherwise provided in the Plan and this Agreement,
and any such modification, amendment, suspension or termination will not
constitute a constructive or wrongful dismissal;

(b)    the RSUs are extraordinary items and are not part of normal or expected
compensation or salary for any purposes, including, but not limited to,
calculating any severance, resignation, termination, redundancy, end of service
payments, bonuses, long-service awards, pension or welfare or retirement
benefits or similar payments;

(c)    in no event should the RSUs be considered as compensation for, or
relating in any way to, past services for the Company or the Service Recipient,
nor are the RSUs or the underlying Shares intended to replace any pension rights
or compensation;

(d)    the future value of the underlying Shares is unknown and cannot be
predicted with certainty;

(e)    the Company is not providing any tax, legal or financial advice, nor is
the Company making any recommendations regarding the Executive’s participation
in the Plan or the RSUs;

(f)    no claim or entitlement to compensation or damages shall arise from
forfeiture of the RSUs resulting from termination of the Executive’s Service
(for any reason whatsoever and whether or not in breach of local labor laws),
and in consideration of the grant of the RSUs to which the Executive is
otherwise not entitled, the Executive irrevocably (i) agrees never to institute
any such claim against the Company or the Service Recipient, (ii) waives the
Executive’s ability, if any, to bring any such claim, and (iii) releases the
Company and the Service Recipient from any such claim. If, notwithstanding the
foregoing, any such claim is allowed by a court of competent jurisdiction, then,
by participating in the Plan, the Executive shall be deemed irrevocably to have
agreed not to pursue such claim and agrees to execute any and all documents
necessary to request dismissal or withdrawal of such claims; and

(g)    the Executive is hereby advised to consult with personal tax, legal and
financial advisors regarding participation in the Plan before taking any action
related to the RSUs or the Plan.

17.    Governing Law; Venue; Jurisdiction; Severability. To the extent that
federal laws do not otherwise control, this Agreement, the Award Letter, the
Plan and all determinations made and actions taken pursuant to the Plan shall be
governed by the laws of the State of Minnesota without regard to its
conflicts-of-law principles and shall be construed accordingly. The exclusive
forum and venue for any legal action arising out of or related to this Agreement
shall be the United States District Court for the District of Minnesota, and the
parties submit to the personal jurisdiction of that court. If neither subject
matter nor diversity jurisdiction exists in the United States District Court for
the District of Minnesota, then the exclusive forum and venue for any such
action shall be the courts of the State of Minnesota located in Hennepin County,
and the Executive, as a condition of this Agreement, consents to the personal

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jurisdiction of that court. If any provision of this Agreement, the Award Letter
or the Plan shall be held illegal or invalid for any reason, the illegality or
invalidity shall not affect the remaining parts of the Agreement, the Award
Letter or the Plan, and the Agreement, the Award Letter and the Plan shall be
construed and enforced as if the illegal or invalid provision had not been
included.

18.    Currencies and Dates. Unless otherwise stated, all dollars specified in
this Agreement and the Award Letter shall be in U.S. dollars and all dates
specified in this Agreement shall be U.S. dates.

19.    Language Consent. The parties acknowledge that it is their express wish
that the Agreement, as well as all documents, notices and legal proceedings
entered into, given or instituted pursuant hereto or relating directly or
indirectly hereto, be drawn up in English. Les parties reconnaissent avoir exigé
la rédaction en anglais de cette convention, ainsi que de tous documents, avis
et procédures judiciaires, exécutés, donnés ou intentés en vertu de, ou liés
directement ou indirectement à la présente convention. If the Executive has
received this Agreement or any other Plan document translated into a language
other than English, the English version shall control.

20.    Imposition of Other Requirements. The Company reserves the right to
impose other requirements on the Executive’s participation in the Plan, on the
RSUs and on any Shares acquired under the Plan, to the extent the Company
determines it is necessary or advisable in order to comply with local law or
facilitate the administration of the Plan, and to require the Executive to sign
any additional agreements or undertakings that may be necessary to accomplish
the foregoing.

21.    Plan and Award Letter Incorporated by Reference; Electronic Delivery. The
Plan, as hereafter amended from time to time, and the Award Letter shall be
deemed to be incorporated into this Agreement and are integral parts hereof. In
the event there is any inconsistency between the provisions of this Agreement
and the Plan, the provisions of the Plan shall govern. The Company or a third
party designated by the Company may deliver to the Executive by electronic means
any documents related to his or her participation in the Plan. The Executive
acknowledges receipt of a copy of the Plan and the Award Letter.  

[End of Agreement]

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