Exhibit 10.26
EMPLOYMENT AGREEMENT

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into effective
as of January 1, 2012 (the “Effective Date”) by and between The Finish Line,
Inc. (the “Company”) and Mark S. Landau (“Executive”).

WHEREAS, the Company has offered to employ Executive as Executive Vice
President, Chief Business Development Officer and Executive has accepted such
employment; and

WHEREAS, the Company and Executive desire to enter into an employment agreement
as set forth herein.

NOW, THEREFORE, in consideration of the premises and mutual covenants contained
herein and for other good and valuable consideration, the receipt of which is
mutually acknowledged, the Company and Executive agree as follows:

1.Employment; Term. The Company hereby agrees to employ Executive, and Executive
hereby accepts such employment with the Company, in each case, on the terms and
subject to the conditions hereinafter set forth. Subject to the provisions of
Section 7 of this Agreement. Executive shall be employed by the Company for a
period commencing on the Effective Date and ending on December 31, 2012 (as such
period may be extended pursuant to the terms hereof, the “Employment Term”) on
the terms and subject to the conditions set forth in this Agreement; provided,
however, that commencing with January 1, 2013 and on each anniversary thereafter
(each an “Extension Date”), the Employment Term shall be automatically extended
for an additional one-year period, unless the Company or Executive provides the
other party hereto with written notice at least 180 days before the next
Extension Date that the Employment Term shall not be so extended (“Non-Renewal
Notice”).

2.Position.

(a)While employed by the Company hereunder, Executive shall serve as Executive
Vice President, Chief Development Officer. In such position, Executive shall
have such duties and authority as shall be determined from time to time by the
Company’s Chief Executive Officer (the “CEO”) and the board of directors of the
Company (the “Board”).

(b)While employed by the Company hereunder, Executive will devote his full
business time and best efforts to the performance of Executive’s duties
hereunder and will not engage in any other business, profession or occupation
for compensation or otherwise which would conflict or interfere with the
rendition of such services to the Company either directly or indirectly, without
the prior written consent of the Board or the CEO.

(c)Executive’s principal place of employment shall be at the Company’s corporate
headquarters in Indianapolis, Indiana. Executive shall relocate from his
principal residence of Short Hills, New Jersey, and shall be reimbursed as on
the attached Exhibit A.
  
3.Base Salary. As compensation for services rendered to the Company, the Company
shall initially pay Executive a base salary at the annual rate of $420,000.
Executive shall be entitled to such increases in Executive’s base salary, if
any, as may be determined from time to time in the sole discretion of the Board.
Executive’s annual base salary, as in effect from time to time, is hereinafter
referred to as the “Base Salary.”

4.Bonuses; Equity Grants. In addition to the Base Salary, Executive shall be
eligible to participate in such annual and long-term incentive bonus
compensation programs or arrangements established from time to time for other
peer executives of the Company. For the current fiscal year (2012), Executive
will be eligible to participate in the Executive Officer Bonus Program (EOBP)
and the Long-Term Executive Bonus Program (LTIB) beginning in fiscal year 2012,
subject to the rules and conditions of those bonus programs, as approved by the
Board; provided, that Executive’s participation will be on a pro-rated basis of
33%, subject to performance against measurements established for the plans.
Executive will be eligible to receive a sign-on grant of 25,000 restricted
shares (3 year cliff vesting) and a sign-on grant of 25,000 options (4 year
vesting schedule).

5.Employee Benefits. While employed by the Company hereunder, Executive shall be
entitled to participate in the Company’s employee benefit plans in effect from
time to time, on the same basis as those benefits are generally made available
to other peer executives of the Company. The Company shall reimburse Executive
for Executive’s current COBRA health insurance premium for the month of January
2012.

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6.Business Expenses. While employed by the Company hereunder, reasonable
business expenses (including travel expenses) incurred by Executive in the
performance of Executive’s duties hereunder shall be reimbursed by the Company
in accordance with Company policies.

7.Termination. Executive’s employment hereunder may be terminated by either
party at any time and for any or no reason; provided, that Executive will be
required to give the Company advance written notice of any resignation of
Executive’s employment (as set forth in this Section 7). Notwithstanding any
other provision of this Agreement, the provisions of this Section 7 shall
exclusively govern Executive’s rights upon termination of employment with the
Company and its affiliates.

(a)    By the Company For Cause or By Executive Resignation without Good Reason.

(i)Executive’s employment hereunder may be terminated by the Company for Cause
(as defined below) at any time upon delivery of advance written notice to
Executive and, if in the reasonable determination of the Company the acts or
omissions of Executive providing the basis for termination for Cause as set
forth in Section 7(a)(ii) are curable, after Executive’s failure to cure during
a period of 35 days following the date of the delivery of such written notice.
Any determination of a Cause by the Company pursuant to the items contained in
Sections 7(a)(ii)(A), (B) and (D) may only be made by a majority of the Board.
Executive’s employment hereunder shall terminate automatically upon Executive’s
resignation without Good Reason (as defined in Section 7(c)); provided, that
Executive will be required to give the Company at least 30 days advance written
notice of a resignation without Good Reason.

(ii)For purposes of this Agreement, “Cause” shall mean (A) the willful and
continued failure by Executive to perform his material duties with respect to
the Company or its affiliates for a period of more than 30 days; (B) the willful
or intentional engaging by Executive in conduct within the scope of his
employment that causes material and demonstrable injury, monetarily or
otherwise, to the Company including, without limitation, embezzlement or theft;
(C) Executive’s conviction for, or a plea of nolo contendere to, the commission
of a felony involving moral turpitude; or (D) a material breach of Executive’s
covenants set forth in Section 8 and 9 of this Agreement that causes a material
and demonstrable injury, monetarily or otherwise, to the Company.

(iii)If Executive’s employment is terminated by the Company for Cause, or if
Executive resigns without Good Reason (except under the circumstances described
in Section 7(e) or as provided in Section 7(d)(iii)), Executive shall be
entitled to receive:

(A)the Base Salary through the date of termination (including payment for any
accrued but unused vacation time);

(B)any earned but unpaid portion of Executive’s annual performance bonus (if
any) for the fiscal year preceding the fiscal year in which such termination
occurs;

(C)reimbursement for any unreimbursed business expenses properly incurred by
Executive in accordance with Company policy prior to the date of Executive’s
termination; and

(D)such employee benefits, if any, as to which Executive may be entitled under
the employee benefit plans of the Company according to their terms (the amounts
described in clauses (A) through (D) hereof, reduced by any amounts owed by
Executive to the Company, being referred to as the “Accrued Rights”).

Following such termination of Executive’s employment by the Company for Cause or
resignation without Good Reason by Executive, except as set forth in this
Section 7(a)(iii) or in Section 7(e) or Section 7(d), Executive shall have no
further rights to any compensation or any other benefits under this Agreement.

(b)    Disability or Death.

(i) Executive’s employment hereunder shall terminate upon Executive’s death and
maybe terminated by the Company if Executive becomes (in the good faith judgment
of the Board) physically or mentally incapacitated and is therefore unable for a
period of three (3) consecutive months or for an aggregate of six

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(6) months in any twelve (12) consecutive month period to perform Executive’s
duties (such incapacity is hereinafter referred to as “Disability”).

(ii) Upon termination of Executive’s employment hereunder for either Disability
or death, Executive or Executive’s estate (as the case may be) shall be entitled
to receive:
(A) the Accrued Rights; and
(B) if Executive was eligible to receive one or more cash bonuses for the fiscal
year during which Executive’s employment is terminated (the “Termination Year”),
an amount equal to a pro-rated portion (based on the number of days in the
Termination Year during which Executive was employed) of the annual cash bonus
and any other cash bonus Executive would have received for the Termination Year
had he remained employed through the entire fiscal year (based on the Company’s
actual performance for the Termination Year), payable, subject to Section 7(g),
when bonuses are generally paid to the Company’s executives for the Termination
Year but no later than two and one half months after the end of the fiscal year
in which the cash bonus was earned.
Following Executive’s termination of employment due to death or Disability,
except as set forth in this Section 7(b)(ii), Executive shall have no further
rights to any compensation or any other benefits under this Agreement.

(c)    By the Company Without Cause, Resignation of Executive with Good Reason
or Non-Renewal of Agreement.

(i)    Executive’s employment hereunder may be terminated by the Company at any
time without Cause. Executive’s employment hereunder may be terminated by
Executive for Good Reason (as defined below).

(ii)    For purposes of this Agreement, “Good Reason” shall mean if, other than
for Cause, any of the following has occurred: (A) any reduction in the Base
Salary or Executive’s annual bonus opportunity (except for across the board
reductions for all similarly situated executives of the Company); (B) a transfer
of Executive’s primary workplace by more than thirty-five (35) miles from its
location as of the Effective Date; (C) a material breach by the Company of this
Agreement; or (D) if such termination of employment occurs within 30 days prior
to or 2 years following a Change in Control (as defined in Section 7(d)), any of
(1) a substantial reduction in Executive’s authority, duties or
responsibilities, or (2) the assignment of any duties or responsibilities
inconsistent with Executive’s position with the Company; provided, however,
that, in each case, Good Reason shall cease to exist for an event to the extent
that (x) Executive shall have consented, in advance, to such event, (y) 90 days
shall elapsed following the initial existence of such event without the Company
receiving notice of Good Reason for such event, or (z) Executive has provided
the Company with a notice specifying the event within 90 days of the initial
existence of such event and the Company has failed to remedy the event within 30
days after receipt of such notice from Executive.

(iii)    Except as set forth in Section 7(d), if Executive’s employment is
terminated by the Company without Cause (other than by reason of death or
Disability) or if Executive resigns for Good Reason, in either case, other than
within the period that begins 30 days prior to a Change in Control and ends 2
years following a Change in Control, Executive shall be entitled to receive:

(A)    the Accrued Rights; and

(B)    subject to (I) Executive’s continued compliance with the provisions of
Sections 8 and 9 hereof and (II) Executive’s execution and non-revocation of a
general release in favor of the Company and its affiliates in a form reasonably
acceptable to the Company:

(1)a lump sum cash payment equal to 1.5 times the Base Salary, payable, subject
to Section 7(g), within 30 days following the date of such termination of
employment (the “Termination Date”); and
(2)continued provision of group health benefits to Executive and his dependents
for one year following the Termination Date in accordance with the terms thereof
and with the same cost as if Executive remained employed during such period; and

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(3)if Executive was eligible to receive one or more cash bonuses for the
Termination Year, an amount equal to a pro-rated portion (based on the number of
days in the Termination Year during which Executive was employed) of the annual
cash bonus and any other cash bonus Executive would have received for
Termination Year had he remained employed through the entire fiscal year (based
on the Company’s actual results for the Termination Year), payable, subject to
Section 7(g), when bonuses are generally paid to the Company’s executives for
the Termination Year but no later than two and one half months after the end of
the fiscal year in which the cash bonus was earned.

(iv)    Except as set forth in Section 7(d), if the Company provides Executive
with a written Non-Renewal Notice and in connection therewith, notifies
Executive that his employment shall terminate without Cause at the end of the
Employment Term, Section 7(c)(iii) shall not apply and Executive shall be
entitled to receive, if Executive does not resign, die or suffer a Disability
prior to the end of the Employment term or if Executive is not terminated for
Cause prior to the end of the Employment Term:

(A)the Accrued Rights; and

(B)subject to (I) Executive’s continued compliance with the provisions of
Sections 8 and 9 hereof and (11) Executive’s execution and non-revocation of a
general release of employment related claims in favor of the Company and its
affiliates in a form reasonably acceptable to the Company:

(1)a lump sum cash payment equal to the Base Salary, payable, subject to Section
7(g), within 30 days following the Termination Date;

(2)continued provision of group health benefits to Executive and his dependents
for one year following the Termination Date in accordance with the terms thereof
and with the same cost as if Executive remained employed during such period; and

(3)if Executive was eligible to receive one or more cash bonuses for the
Termination Year, an amount equal to a pro-rated portion (based on the number of
days in the Termination Year during which Executive was employed) of the annual
bonus and any other cash bonus Executive would have received for Termination
Year had he remained employed through the entire fiscal year (based on the
Company’s actual results for the Termination Year), payable, subject to Section
7(g), when bonuses are generally paid to the Company’s executives for the
Termination Year but no later than two and one half months after the end of the
fiscal year in which the cash bonus was earned.

Following Executive’s termination of employment by the Company without Cause
(other than by reason of Executive’s death or Disability) or by Executive’s
resignation for Good Reason, except as set forth in this Section 7(c)(iii),
Section 7(c)(iv) or in Section 7(d), Executive shall have no further rights to
any compensation or any other benefits under this Agreement.

(d)    Change in Control.

(i)    For purposes of this Agreement, “Change in Control” shall mean the
consummation of one or more of the following:

(A)    the sale, exchange, lease or other disposition, in one or a series of
related transactions, of all or substantially all of the assets of the Company
to any “person” or “group” (as such terms are used in the Securities Exchange
Act of 1934, as amended);

(B)    any person or group is or becomes the beneficial owner, directly or
indirectly, of more than 35% of the total voting power of the voting stock of
the Company (or any entity which controls the Company or which is a successor to
all or substantially all of the assets of the Company), including by way of
merger, consolidation, tender or exchange offer or otherwise;

(C)    a merger, consolidation or similar reorganization of the Company with or
into another entity, if the shareholders of the common stock of the Company
immediately prior to such transaction do not own a majority of the voting power
of the voting stock of the surviving company or its parent immediately after the
transaction in substantially the same proportions as immediately prior to such
transaction; or

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(D)    during any 12-month period, individuals who at the beginning of such
period constituted the Board (together with any new directors whose election by
the Board (whether through the filling of a vacancy or otherwise) or whose
nomination for election by the shareholders of the Company was approved by a
vote of a majority of the directors of the Company then still in office, who
were either directors at the beginning of such period or whose election or
nomination for election was previously so approved) cease or any reason to
constitute a majority of the board of directors then in office.

(ii)    In the event of a Change in Control (determined without regard to
subclause (A) of the definition set forth in Section 7(d)(i)), notwithstanding
any provision in any equity compensation plan maintained by the Company or any
award agreement between the Company and Executive, all stock options and awards
of restricted stock granted to Executive, which are outstanding and have not
otherwise vested shall be deemed vested immediately prior to the consummation of
the Change in Control (determined without regard to subclause (A) of the
definition set forth in Section 7(d)(i)). For purposes of this Section 7(d)(ii),
the terms “stock option” and “restricted stock” should be read to include all
other similar equity instruments.

(iii)    If Executive’s employment is terminated by the Company without Cause
(other than by reason of death or Disability) or if Executive resigns for Good
Reason, in either case, during the period that begins 30 days prior to a Change
in Control (as defined below) and ends 2 years following a Change in Control,
Executive shall be entitled to receive:

(A)    the Accrued Rights; and

(B)    subject to (I) Executive’s continued compliance with the provisions of
Sections 8 and 9 hereof and (II) Executive’s execution and non-revocation of a
general release of employment related claims in favor of the Company and its
affiliates in a form reasonably acceptable to the Company:

(1)    a lump sum cash payment equal to 2.5 times the sum of (i) the Base
Salary, plus (ii) Executive’s target annual bonus for Termination Year, plus
(iii) the value of any other bonus Executive could have earned during the year
of termination pursuant to the Company’s then existing bonus programs, payable,
subject to Section 7(g), within 30 days following the Termination Date; and

(2)    continued provision of group health benefits to Executive and his
dependents for two years following the Termination Date in accordance with the
terms thereof and with the same cost as if Executive remained employed during
such period.

Following Executive’s termination of employment by the Company without Cause
(other than by reason of Executive’s death or Disability) or by Executive’s
resignation for Good Reason, except as set forth in this Section 7(d)(iii),
Section 7(c)(iii), or Section 7(c)(iv), Executive shall have no further rights
to any compensation or any other benefits under this Agreement.

(e)    By Executive without Good Reason Following a Change in Control. If
Executive resigns without Good Reason during the 30-day period that begins on
the first anniversary of a Change in Control, Executive shall be entitled to
receive:

(i)    the Accrued Rights; and

(ii)    subject to (I) Executive’s continued compliance with the provisions of
Sections 8
and 9 hereof and (II) Executive’s execution and non-revocation of a general
release in favor of the Company and its affiliates in a form reasonably
acceptable to the Company, a lump sum cash payment equal to the Base Salary,
payable, subject to Section 7(g), within 30 days following the Termination Date.

(f)    Parachute Taxes.

(i)    If any payments, rights or benefits (whether pursuant to the terms of
this Agreement or any other plan, arrangement or agreement of Executive with the
Company or any person affiliated with the Company) (“Covered Payments”) received
or to be received by Executive will be subject to the tax (the “Excise Tax”)

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imposed by Section 4999 of the Internal Revenue Code of 1986, as amended (the
“Code”) (or any similar tax that may hereafter be imposed), then, except as set
forth in Section 7(f)(ii), the Company shall pay to Executive an amount in
addition to the Covered Payments (“Gross-Up Payment”) as calculated below. The
Gross-Up Payment shall be in an amount such that, after deduction of any Excise
Tax on the Covered Payments and any federal, state and local income and
employment tax and Excise Tax on the Gross-Up Payment, but before deduction for
any federal, state or local income and employment tax on the Covered Payments,
the net amount retained by Executive shall be equal to the Covered Payments.

(ii)    Notwithstanding anything in this Agreement to the contrary, if the
Covered Payments do not exceed 110% of Safe Harbor Amount (as defined below),
then the portion of the Covered Payments that would be treated as “parachute
payments” under Section 280G of the Code (“Covered Parachute Payments”) shall be
reduced so that the Covered Parachute Payments, in the aggregate, are reduced to
the Safe Harbor Amount. For purposes of this Agreement, the term “Safe Harbor
Amount” means the largest portion of the Covered Payments that would result in
no portion of the Covered Payments being subject to the Excise Tax. In the event
that it is determined that the amount of any Covered Payments will be reduced in
accordance with this Section 7(f), Executive shall have the right to designate
which of the Covered Payments shall be reduced and to what extent, provided,
that Executive may not so elect to the extent that, in the determination of
counsel to the Company, such election would cause Executive to be subject to the
Excise Tax.

(iii)    The determination of (A) whether an event described in Section
280G(b)(2)(A)(i) of the Code has occurred, (B) the amount of any Gross-Up
Payment, (C) the value of any Covered Parachute Payments and the Safe Harbor
Amount, (D) whether any reduction in the Covered Payments is required under
Section 7(f)(ii), and (E) the amount of any such reduction, shall be made
initially by an independent accounting firm selected by the Board as constituted
prior to any Change in Control (the “Accountants”). For purposes of making the
calculations required by this Section 7(f), the Accountants may make reasonable
assumptions and approximations concerning applicable taxes and may rely on
reasonable, good faith interpretations concerning the application of the Code,
and other applicable legal authority. The Company and Executive shall furnish to
the Accountants such information and documents as the Accountants may reasonably
request in order to make a determination under this Section 7(f). The Company
shall bear and be solely responsible for all costs the Accountants may
reasonably incur in connection with any calculations contemplated by this
Section 7(f).

(iv)    Executive shall promptly notify the Company in writing of any claim by
any taxing authority that, if successful, would require the payment by the
Company of a Gross-Up Payment; provided, however, that failure by Executive to
give such notice promptly shall not result in a waiver or forfeiture of any of
Executive’s rights under this Section 7(f), except to the extent of actual
damage suffered by the Company as a result of such failure. If the Company
notifies Executive in writing within 15 days after receiving such notice that it
desires to contest such claim (and demonstrates to the reasonable satisfaction
of Executive its ability to pay any resulting Gross-Up Payment), Executive
shall:

(A)    give the Company any information reasonably requested by the Company
relating to such claim;

(B)    take such action in connection with contesting such claim as the Company
shall reasonably request in writing from time to time, including, without
limitation, accepting legal representation with respect to such claim by an
attorney selected by the Company that is reasonably acceptable to Executive;

(C)    cooperate with the Company in good faith in order effectively to contest
such claim; and

(D)    permit the Company to participate in any proceedings relating to such
claim; provided, however, that the Company’s actions do not unreasonably
interfere with or prejudice Executive’s disputes with the taxing authority as to
other issues; and provided, further, that the Company shall bear and pay on an
after-tax and as-incurred basis, all attorneys fees, costs and expenses
(including additional interest, penalties and additions to tax) incurred in
connection with such contest and shall indemnify and hold Executive harmless, on
an after-tax and as-incurred basis, for all resulting taxes (including, without
limitation, income and excise taxes), interest, penalties and additions to tax.

(v)    Notwithstanding anything herein to the contrary, any payment required
under this Section 7(f) shall be made by the end of Executive’s taxable year
next following the Company’s taxable year in which

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Executive remits the payment. In addition, any right to reimbursement of
expenses incurred due to a tax audit or litigation addressing the existence or
amount of a tax liability, whether Federal, state, local, or foreign, shall be
made by the end of Executive’s taxable year following Executive’s taxable year
in which the taxes that are the subject of the audit or litigation are remitted
to the taxing authority, or where as a result of such audit or litigation no
taxes are remitted, the end of Executive’s taxable year following Executive’s
taxable year in which the audit is completed or there is a final and
nonappealable settlement or other resolution of the litigation. This Section
7(f)(v) shall be interpreted consistent with Treas. Reg. §409A-3(i)(l)(v).

(g)    Effect of Section 409.4 of the Code. Notwithstanding anything to the
contrary in this Agreement, if the Company determines (i) that on the date
Executive’s employment with the Company terminates or at such other time that
the Company determines to be relevant, Executive is a “specified employee” (as
such term is defined under Section 409A) of the Company and (ii) that any
payments to be provided to Executive pursuant to this Agreement are or may
become subject to the additional tax under Section 409A(a)(l)(B) of the Code or
any other taxes or penalties imposed under Section 409A of the Code (“Section
409A Taxes”) if provided at the time otherwise required under this Agreement
then (A) such payments shall be delayed until the date that is six months after
date of Executive’s “separation from service” (as such term is defined under
Section 409.4 of the Code) with the Company, or such shorter period that, as
determined by the Company, is sufficient to avoid the imposition of Section 409A
Taxes (the “Payment Delay Period”) and (B) such payments shall be increased by
an amount equal to interest on such payments for the Payment Delay Period at a
rate equal to the prime rate in effect as of the date the payment was first due
plus one point (for this purpose, the prime rate will be based on the rate
published from time to time in The Wall Street Journal).

(h)    Notice of Termination. Any termination of employment by the Company for
Cause shall be communicated by written Notice of Termination to Executive in
accordance with Section 11(h) hereof. In addition, any termination of employment
by Executive for Good Reason shall be communicated by written Notice of
Termination to the Company in accordance with Section 11(h) hereof. For purposes
of this Agreement, a “Notice of Termination” shall mean a notice which shall
indicate the specific termination provision in this Agreement relied upon and
shall set forth in reasonable detail the facts and circumstances claimed to
provide a basis for termination of employment under the provision so indicated.

(i)    Board/Committee Resignation. Upon termination of Executive’s employment
for any reason, Executive agrees that Executive shall automatically be deemed to
have resigned as of the date of such termination, from the Board (and any
committees thereof) and the board of directors or similar governing body (and
any committees thereof) of any of the Company’s affiliates, and any position in
which Executive is acting on behalf of or as a representative of the Company
(such as a trustee or administrative committee member with respect to a
tax-qualified retirement plan).

8.Non-Competition; Non-Solicitation.

(a)    Executive acknowledges and recognizes the highly competitive nature of
the businesses of the Company and its affiliates and accordingly agrees as
follows:

(i)    During the Restricted Period (as defined below), Executive will not,
whether on Executive’s own behalf or on behalf of or in conjunction with any
person, firm, partnership, joint venture, association, corporation or other
business organization, entity or enterprise whatsoever (“Person”), directly or
indirectly:

(A)    engage, in a competitive capacity, in any business that competes with the
Company’s business in the athletic specialty and/or sporting goods retail
industry (a “Competitive Business”) in the United States;

(B)    in a competitive capacity, enter the employ of, or render any services
to, or enter into any contractual agreement or relationship with any Person (or
any division or controlled or controlling affiliate of any Person) that engages
in a Competitive Business;

(C)    acquire a financial interest in, or otherwise become actively involved
with, any Competitive Business, directly or indirectly, as an individual,
partner, shareholder, officer, director, principal, agent, trustee or consultant
or transfer any business to, or in any other way facilitate any other Person’s
ability to engage in a Competitive Business; or

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(D)    interfere with, or attempt to interfere with, business relationships
(whether formed before, on or after the date of this Agreement) between the
Company or any of its affiliates and its customers, suppliers, partners,
investors or vendors.

(ii)    Notwithstanding anything to the contrary in this Agreement, Executive
may, directly or indirectly own, solely as an investment, securities of any
Person engaged in a Competitive Business that are publicly traded on a national
or regional stock exchange or on the over-the-counter market if Executive (i) is
not a controlling Person of, or a member of a group that controls, such Person
and (ii) does not, directly or indirectly, own 5% or more of any class of
securities of such Person.

(iii)    During the Restricted Period, Executive shall not, whether on
Executive’s own behalf or on behalf of or in conjunction with any Person,
directly or indirectly:

(E)    solicit or encourage any employee of the Company or its affiliates to
leave the employment of the Company or its affiliates; or

(F)    hire any such employee who was employed by the Company or its affiliates
as of the date of Executive’s termination of employment with the Company or who
left the employment of the Company or its affiliates coincident with, or within
one year prior to or after, the termination of Executive’s employment with the
Company.

(b)    It is expressly understood and agreed that although Executive and the
Company consider the restrictions contained in this Section 8 to be reasonable,
if a final judicial determination is made by a court of competent jurisdiction
that the time or territory or any other restriction contained in this Agreement
is an unenforceable restriction against Executive, the provisions of this
Agreement shall not be rendered void but shall be deemed amended to apply as to
such maximum time and territory and to such maximum extent as such court may
judicially determine or indicate to be enforceable. Alternatively, if any court
of competent jurisdiction finds that ally restriction contained in this
Agreement is unenforceable, and such restriction cannot be amended so as to make
it enforceable, such finding shall not affect the enforceability of any of the
other restrictions contained herein.

(c)    For purposes of this Agreement, “Restricted Period” shall mean the period
on the Effective Date and ending (i) 12 months following the Termination Date if
Executive’s employment with the Company terminates under the circumstances
described in Section 7(c) or Section 7(e), (ii) 24 months following the
Termination Date if Executive’s employment with the Company terminates under the
circumstances described in Section 7(d)(iii), or (iii) upon the date Executive
ceases to be employed by the Company for any other reason.

9.Confidentiality; Intellectual Property.

(a)Confidentiality.

(i)Executive will not at any time (whether during or after Executive’s
employment with the Company) (x) retain or use for the benefit, purposes or
account of Executive or any other Person (other than the Company); or (y)
disclose, divulge, reveal, communicate, share, transfer or provide access to any
Person outside the Company (other than its professional advisers who are bound
by confidentiality obligations), any non-public, proprietary or confidential
information including without limitation trade secrets, know-how, research and
development, software, databases, inventions, processes, formulae, technology,
designs and other intellectual property, information concerning finances,
investments, profits, pricing, costs, products, services, vendors, customers,
clients, partners, investors, personnel, compensation, recruiting, training,
advertising, sales, marketing, promotions, store site selection, new store
openings, government and regulatory activities and approvals - concerning the
past, current or future business, activities and operations of the Company, its
subsidiaries or affiliates and/or any third party that has disclosed or provided
any of same to the Company on a confidential basis (“Confidential Information”)
without the prior written authorization of the Board.

(ii)“Confidential Information” shall not include any information that is (a)
generally known to the industry or the public other than as a result of
Executive’s breach of this covenant; (b) made legitimately available to
Executive without a confidentiality restriction by a third party without breach
of any

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confidentiality obligation of that third party; or (c) required by law to be
disclosed; provided, that Executive shall give prompt written notice to the
Company of such requirement, disclose no more information than is so required,
and cooperate with any attempts by the Company to obtain a protective order or
similar treatment.

(iii)Except as required by law, Executive shall not disclose to anyone, other
than Executive’s immediate family and legal or financial advisors, the existence
or contents of this Agreement; provided, that Executive may disclose to any
prospective future employer the provisions of Sections 8 and 9 of this Agreement
provided they agree to maintain the confidentiality of such terms.

(iv)Upon termination of Executive’s employment with the Company for any reason,
Executive shall (x) cease and not thereafter commence use of any Confidential
Information or intellectual property (including without limitation, any patent,
invention, copyright, trade secret, trademark, trade name, logo, domain name or
other source indicator) owned or used by the Company, its subsidiaries or
affiliates; (y) immediately destroy, delete, or return to the Company, at the
Company’s option, all originals and copies in any form or medium (including
memoranda, books, papers, plans, computer files, letters and other data) in
Executive’s possession or control (including any of the foregoing stored or
located in Executive’s office, home, laptop or other computer, whether or not
Company property) that contain Confidential Information or otherwise relate to
the business of the Company, its affiliates and subsidiaries, except that
Executive may retain only those portions of any personal notes, notebooks and
diaries that do not contain any Confidential Information; and (z) notify and
fully cooperate with the Company regarding the delivery or destruction of any
other Confidential Information of which Executive is or becomes aware.

(b)The provisions of this Section 9 shall survive the termination of Executive’s
employment for any reason.

10.Specific Performance. Executive acknowledges and agrees that the Company’s
remedies at law for a breach or threatened breach of any of the provisions of
Section 8 or Section 9 would be inadequate and the Company would suffer
irreparable damages as a result of such breach or threatened breach. In
recognition of this fact, Executive agrees that, in the event of such a breach
or threatened breach, in addition to any remedies at law, the Company shall be
entitled to obtain equitable relief in the form of specific performance,
temporary restraining order, temporary or permanent injunction or any other
equitable remedy that may then be available.

11.Miscellaneous.

(a)    Governing Law: Jurisdiction. This Agreement shall be governed by and
construed in accordance with the laws of the State of Indiana, without regard to
conflicts of laws principles thereof. Any and all disputes between the parties
which may arise pursuant to this Agreement will be heard and determined before
an appropriate federal court in the Southern District of Indiana, or, if not
maintainable therein, then in an appropriate Indiana state court in Marion
County, Indiana. The parties acknowledge that such courts have jurisdiction to
interpret and enforce the provisions of this Agreement, and the parties consent
to, and waive any and all objections that they may have as to, personal
jurisdiction and/or venue in such courts.

(b)    Entire Agreement/Amendments. This Agreement contains the entire
understanding of the parties with respect to the employment of Executive by the
Company. There are no restrictions, agreements, promises, warranties, covenants
or undertakings between the parties with respect to the subject matter herein
other than those expressly set forth herein. This Agreement may not be altered,
modified, or amended except by written instrument signed by the parties hereto.

(c)    No Waiver. The failure of a party to insist upon strict adherence to any
term of this Agreement on any occasion shall not be considered a waiver of such
party’s rights or deprive such party of the right thereafter to insist upon
strict adherence to that term or any other term of this Agreement.

(d)    Severability. In the event that any one or more of the provisions of this
Agreement shall be or become invalid, illegal or unenforceable in any respect,
the validity, legality and enforceability of the remaining provisions of this
Agreement shall not be affected thereby.

(e)    Assignment. This Agreement, and all of Executive’s rights and duties
hereunder, shall not be assignable or delegable by Executive. Any purported
assignment or delegation by Executive in violation of ht foregoing shall be null
and void ab initio and of no force or effect. This Agreement may be assigned by
the Company to a Person that

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is an affiliate or a successor in interest to any portion of ht business
operation of the Company. Upon such assignment, the rights and obligations of
the company hereunder shall become the rights and obligations of such affiliate
or successor Person.

(f)    Set Off; No Mitigation. The Company’s obligation to pay Executive the
amounts provided and to make the arrangement provided hereunder shall be subject
to set-off, counterclaim or recoupment of amounts owed by Executive to the
Company or its affiliates; provided, however, that in no event shall Executive
be obligated to seek other employment or taken any other action by way of
mitigation of the amounts payable to Executive under Section 7 of this
Agreement.

(g)    Successors; Binding Agreement. This Agreement shall inure to the benefit
of and be binding upon personal or legal representatives, executors,
administrators, successors, heirs, distributees, devisees and legatees.

(h)    Notice. For the purpose of this Agreement, notices and all other
communications provided for in the Agreement shall be in writing and shall be
deemed to have been duly given when delivered by hand or overnight courier or
three days after it has been mailed by United States registered mail, return
receipt requested, postage prepaid, addressed to the respective addresses set
forth below in this Agreement, or to such other address as either party may have
furnished to the other in writing in accordance herewith, except that notice of
change of address shall be effective only upon receipt.

If to the Company:
The Finish Line, Inc.
3308 N. Mitthoeffer Road
Indianapolis, Indiana 46235
Attention: Chairman & CEO

With a copy (which shall not constitute notice) to the Company’s General Counsel
at the same address.

If to Executive:
Mark S. Landau
2 Robert Drive
Short Hills, NJ 07078
(or otherwise to the most recent address of Executive set forth in the personnel
records of the Company)

(i)    Prior Agreements. This Agreement supersedes all prior agreements and
understandings (including verbal agreements) between Executive and the Company
and/or its affiliates regarding the terms and conditions of Executive’s
employment with the Company and/or its affiliates.

(j)    Cooperation. Executive shall provide Executive’s reasonable cooperation
in connection with any action or proceeding (or any appeal from any action or
proceeding), which relates to events occurring during Executive’s employment
hereunder. This provision shall survive any termination of this Agreement.

(k)    Withholding Taxes. The Company may withhold from any amounts payable
under this Agreement such Federal, state and local taxes as may be required to
be withheld pursuant to any applicable law or regulation.

(l)    Counterparts. This Agreement may be signed in counterparts, each of which
shall be an original, with the same effect as if the signatures thereto and
hereto were upon the same instrument.

IN WITNESS WHEREOF, the parties hereto have duly executed this Employment
Agreement effective as of the day and year first above written.

THE FINISH LINE, INC.

By:
/s/ GLENN S. LYON
/s/ MARK S. LANDAU
Name:
Glenn S. Lyon
Mark S. Landau
Title:
Chairman & CEO
 

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Exhibit A

Relocation Assistance. Finish Line is prepared to assist you with the expense of
relocation as stated in the relocation policy provided to you with exceptions
noted below:

You will be eligible for a relocation package that includes two (2) trips for
two people up to 3 days/2 nights each trip, reimbursement of pre-approved and
reasonable relocation costs of up to $100,000 (net) for reimbursable relocation
items as outlined in the Finish Line Relocation Policy, which includes temporary
housing in Indianapolis, use of a moving company provided by Finish Line, and
selling and closing costs and incidental expenses (subject to receipts). Per IRS
regulations, portions of this reimbursement are taxable (e.g. all expenses
except for the physical move itself). Finish Line will seek to gross up these
payments to cover what we anticipate will be taxable portions. In the event that
you do not exhaust these funds for relocation, the difference will be paid to
you in the form of a lump-sum sign on bonus. This payment, if applicable will be
made no earlier than February 1, 2012 and not later than May 31, 2012. Any
expenses incurred prior to December 31, 2011 are excluded from this allowance.

The above relocation expenses will be reimbursed to you or paid on your behalf
by the company in the form of a loan that will have no repayment obligation
conditioned upon your continued employment for a period of not less than 24
months. In the event that you voluntarily terminate your employment with the
Company, or you are terminated for cause: a) before the conclusion of 12 months
of employment, you will be required to repay the Company 100% of these expenses;
b) if between 12 - 18 months of employment, you will be required to repay
two-thirds of these expenses; and c) if between 18 and 24 months of employment,
you will be required to repay one-third of these expenses.

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