EXHIBIT 10.30

SECOND AMENDMENT TO THE EMPLOYMENT AGREEMENT

THIS SECOND AMENDMENT TO THE EMPLOYMENT AGREEMENT (the “Amendment”) is made and
entered into effective May 1, 2004, by and between Ross Stores, Inc. (the
“Company”) and Irene Jamieson (the “Executive”).  The Executive and the Company
previously entered into an Employment Agreement (the “Agreement”) effective
April 1, 2000, and renewed such Agreement by way of a First Amendment in April
2002 (both the original Agreement and the First Amendment are attached hereto),
and it is now the intention of the Executive and the Company to further amend
the Agreement as set forth below. Accordingly, the Executive and the Company now
enter into this Second Amendment.

I.

The Executive and the Company hereby amend the Agreement by adding the following
Paragraph 1(c):

 

 

 

1(c). Executive’s Employment Through Contract Term. Executive agrees to remain
employed with the Company through the existing contract term, March 31, 2006. In
exchange for such promise, Executive shall be entitled to the following provided
she remains employed with the Company through March 31, 2006:

 

 

 

 

If Executive or Company terminates the employment relationship after March 31,
2006, Executive will be considered an active employee through March 31, 2007 and
shall receive full pay (at her March 31, 2006 level) and benefits through March
31, 2007, with previously awarded restricted stock to release as scheduled
through March 31, 2007.  In such case, Executive shall be relieved of her
day-to-day duties but shall remain available for consultation through March 31,
2007. Executive will be available on a consulting basis for up to two (2) days
per week from April 1, 2006 through March 31, 2007.  If Executive remains
employed with Company through March 31, 2006, Company will also provide
Executive with medical and dental benefits through March 31, 2011.  Executive
will also be entitled to receive her regular bonuses through March 31, 2006, per
the current contract terms.  In addition, if she remains employed through March
31, 2006, the she will be eligible for a full fiscal year 2006 bonus, paid in
March 2007.  However, absent written renewal of the existing Agreement,
Executive will not be eligible for further equity grants or salary increases
after March 31, 2006, will not accrue vacation after March 31, 2006, and will no
longer be employed pursuant to any formal written or oral employment agreement
after March 31, 2006.  In addition, the Employment Restriction provisions of
Paragraph 9 of the contract shall remain effective until three (3) years after
Executive ceases to be considered an active employee (i.e., 3 years after March
31, 2007).

Except for these amendments as set forth above, the Agreement, First Amendment,
and all of its terms remain in force and in effect.

ROSS STORES, INC.

 

EXECUTIVE

 

 

 

/s/ MICHAEL BALMUTH

 

/s/ IRENE JAMIESON

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Michael Balmuth

 

Irene Jamieson

 

 

 

6/3/04

 

6/3/04

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