EXHIBIT 10.5

EMPLOYMENT AGREEMENT

As amended December, 2008

(Roger S. Markfield)

THIS AGREEMENT is by and between American Eagle Outfitters, Inc. ("Company") and
Roger S. Markfield ("Executive"), and is effective as of the date it has been
fully executed by both parties. It supercedes and replaces all prior employment
agreements between the Company and Executive.

Executive has served as Company's Chief Merchandising Officer since 1993 and has
led the development of Company's merchandising processes and its successful
growth over the last ten years. Executive desires to continue to provide
services to Company as provided in this Agreement. Company agrees to continue to
employ Executive as President and Vice-Chairman, and Executive hereby accepts
this offer of continued employment and agrees to serve Company subject to the
general supervision, advice and direction of Company's CEO & Board of Directors
("Board"), and upon the following terms and conditions:

1. TERM. Executive will be employed on a full time basis during fiscal 2005
until January 28, 2006 and will be employed on a part time basis during fiscal
2006 until February 3, 2007 unless sooner terminated as provided herein (the
"Active Term"); and this Agreement shall continue thereafter on the terms set
forth in paragraph 3.9.

2. POSITION AND DUTIES. During fiscal 2005, Executive shall continue to be
employed on a full time basis as Company's President and Vice-Chairman, and,
during fiscal 2006, Executive shall be employed as Vice Chairman on a part time
basis of approximately 39 days per fiscal quarter, in each case with such
authority and duties as are customary for his position, and shall perform such
other services and duties as the CEO & Board may from time to time designate.

2.1. During the Active Term, Executive agrees to devote his full business time,
best efforts, and undivided attention to the business and affairs of Company,
except for any vacations, illness, or disability. During the Active Term,
Executive shall not engage in any other businesses that would interfere with his
duties, provided that nothing contained herein is intended to limit Executive's
right to make passive investments in the securities of publicly-owned companies
or other businesses which will not interfere or conflict with his duties
hereunder or, with the prior consent of the Chairman, to sit on the boards of
other businesses.

2.2. Executive agrees that he shall at all times observe and be bound by all
rules, policies, practices, and resolutions heretofore or hereafter adopted in
writing by the Company which are generally applicable and provided to Company's
officers and employees and which do not otherwise conflict with this Agreement.

2.3. Company shall indemnify Executive in the performance of his duties and
responsibilities and advance expenses in connection therewith to the same extent
as other senior executives and officers. Such rights shall not be subject to
arbitration under paragraph 6.

3. COMPENSATION.

3.1. BASE SALARY. During the Active Term, Company shall continue to pay
Executive an annual base salary of $950,000.00 in fiscal 2005 and an annual base
salary of $570,000.00 in fiscal 2006 as compensation for his services hereunder,
payable in equal installments in accordance with Company's payroll practices for
executive employees. Company's Board may increase Executive's base salary at
their discretion.

3.2. INCENTIVE BONUS. During the Active Term, Executive will continue to be
eligible to receive an annual incentive bonus targeted at 100% of his base
salary with potential to receive up to 200% of base salary as a 'maximum' bonus,
under the Company's Management Incentive Plan," or any successor plan ("the
Bonus Plan"). The Bonus Plan conditions the payment of this annual performance
bonus based on achievement of pre-determined performance goals set forth in
writing and based on objective measurements all established by the Board's
Compensation and Stock Option Committee ("Committee"). Committee must verify
that the performance goals and other material terms are met prior to payment. It
is the parties' intention that the Bonus Plan be adopted and administered in a
manner that enables Company to deduct for federal income tax purposes the amount
of any annual incentive bonus. The incentive bonus determined to be due, if any,
will be paid within 120 calendar days after the close of Company's fiscal year
and completion of an outside audit by Company's then current outside audit firm.

3.3. STOCK.

3.3.1. Restricted Stock. During the Active Term, the CEO shall recommend to the
Committee that Executive receive a grant of restricted stock of 100,000 shares
of Company's common stock for fiscal 2005 and a grant of shares of restricted
stock having a grant date value of $4,000,000.00 (as reasonably determined by
the Committee) for fiscal 2006, and each grant will be made pursuant to and
subject to all terms and conditions set forth in the in Company's 1999 Stock
Incentive Plan, or any successor plan ("the Stock Plan"). Pursuant to the terms
of the Stock Plan, the Committee will condition the vesting of this restricted
stock based on achievement of pre-determined performance goals set forth in
writing and based on objective measurements all established by the Committee.
Committee must verify that the performance goals and other material terms are
met prior to vesting. If the performance goals are not met then the restricted
stock will be forfeited. It is the parties' intention that the Stock Plan be
adopted and administered in a manner that enables Company to deduct for federal
income tax purposes the full value of all annual restricted stock grants. The
delivery of restricted stock earned, if any, will be made after certification by
the Committee of achievement of performance goals following completion of the
audit of the annual financial statements by Company's then current outside audit
firm. The parties acknowledge that the grant of any restricted shares by the
Committee is contingent upon the availability of shares under the Stock Plan.

3.3.2. Stock Options. For fiscal 2005, the CEO shall recommend to the Committee
that Executive receive a stock option grant for 200,000 shares of Company's
common stock, exercisable at the fair market value on the grant date and vesting
over three years and otherwise pursuant to and subject to all terms and
conditions set forth in Company's Stock Plan and in a manner consistent with the
Company's then current compensation policies. The fiscal 2005 grant will be
Executive's only stock option grant.

3.4. VACATION. During the Active Term of this Agreement, Executive shall be
entitled to vacation commensurate with other senior executives. The dates of
said vacations shall be mutually agreed upon by Company's Chairman and
Executive.

3.5. CAR. During the Active Term, Company will continue to provide Executive
with a car. Any amount included in Executive's W-2 wages relative to this car
shall be grossed up for tax purposes. (The term " grossed up" as used in this
Agreement refers to a payment to Executive in an amount that, after reduction
for any income or excise taxes due, is equal to the net amount payable. Company
shall make such payment to Executive no later than December 31 of the taxable
year after Executive's taxable year in which Executive remits the related
taxes.)

3.6. BUSINESS EXPENSES. Company shall pay, advance or reimburse Executive for
all normal and reasonable business-related expenses, including travel expenses,
incurred in the performance of his duties during the Active Term and Renewal
Term on the same basis as paid to other senior executives. Company shall furnish
Executive with company credit cards provided to other senior executives for use
solely in the performance of his duties. Company will also pay for legal
expenses, for purposes of assistance with this agreement, up to $15,000 as a
one-time expense. The amount of expenses eligible for reimbursement during a
taxable year of Executive shall not affect the expenses eligible for
reimbursement in any other taxable year.

3.7. TAXES. The compensation provided to Executive hereunder shall be subject to
any withholdings and deductions required by any applicable tax laws.

3.8. BENEFIT PLANS. Executive is entitled to participate in any deferred
compensation or other employee benefit plans, including any profit sharing or
401(k) plans; group life, health, hospitalization and disability insurance
plans; deferred compensation plans; discount privileges; incentive bonus plans;
and other employee welfare benefits made available generally to, and under the
same terms as, Company's executives.

3.9. CONSULTING DURING RENEWAL TERM. If Executive has been employed by Company
during the entire Active Term, then this Agreement shall automatically be
continued for an additional term of five fiscal years ending January 28, 2012
(the "Renewal Term"), during which Executive shall continue to be employed by
the Company in a non-executive officer capacity and shall be paid a fixed salary
of $1,343,000.00 per year payable in equal installments in accordance with
Company's payroll practices for executive employees, representing total salary
of $6,715,000.00 over the five years (the "Renewal Term Compensation"),
provided, however, the first six months of salary shall be accumulated and paid
in a lump sum on the first Company pay day after August 5, 2007, with the
balance thereafter paid biweekly or otherwise in accordance with Company's then
current payroll practices. Executive shall be available to consult with senior
management and members of the Board regarding Company business to the extent
Executive determines and without any minimum time commitment during the Renewal
Term. At the commencement of the Renewal Term, Executive shall receive the car
being provided under paragraph 3.5 at no further cost to Executive, provided
Executive shall be responsible for withholding and other income tax on the value
of the car. During the Renewal Term, Executive shall continue to be entitled to
participate in the benefit plans described in paragraph 3.8, to the same extent
as other executives of Company, provided, however if Executive does not qualify
to participate in the health insurance program as a less than full time
employee, the Company shall provide coverage for Executive and his spouse during
the Renewal Term.

4. EXECUTIVE'S OBLIGATIONS.

4.1. CONFIDENTIAL INFORMATION. Executive agrees that during and after his
employment, any "confidential information" as defined below shall be held in
confidence and treated as proprietary to Company. Executive agrees not to use or
disclose any confidential information except to promote and advance the business
interests of Company. Executive agrees that upon his separation from employment,
for any reason whatsoever, he shall not take or copy, and shall immediately
return to Company, any documents that constitute or contain confidential
information. "Confidential information" includes, but is not limited to, any
confidential data, figures, projections, estimates, pricing data, customer
lists, buying manuals or procedures, distribution manuals or procedures, other
policy and procedure manuals or handbooks, supplier information, tax records,
personnel histories and records, company phone directories, lists of associates,
organizational charts, information regarding sales, information regarding
properties, product designs, design processes, manufacturing processes,
information regarding manufacturers and suppliers and any other confidential
information regarding the business, operations, properties or personnel of
Company which are disclosed to or learned by Executive as a result of his
employment, but shall not include his personal personnel records. Confidential
information shall not include any information that (i) Executive had in his
possession prior to his first performing services for Company; (ii) becomes a
matter of public knowledge thereafter through sources independent of Executive;
(iii) is disclosed by Company without restriction on its use; or (iv) is
required to be disclosed by law or governmental order or regulation.

4.2. NON-SOLICITATION.

4.2.1. EMPLOYEES. Executive agrees that during his employment, including the
Renewal Term, and for two years after the end of his employment, for any reason,
he shall not, directly or indirectly, solicit Company's employees to leave their
employment; he shall not employ or seek to employ them; and, he shall not cause
or induce any of Company's competitors to solicit or employ Company's employees.

4.2.2. THIRD PARTIES. Executive agrees that during his employment, including the
Renewal Term, and for two years following the end of his employment, for any
reason, he shall not, either directly or indirectly, recruit, solicit or
otherwise induce or influence any customer, supplier, sales representative,
lender, lessor or any other person having a business relationship with Company
to discontinue or reduce the extent of such relationship except in the course of
his duties pursuant to this Agreement and with the good faith objective of
advancing Company's business interests.

4.3. NONCOMPETITION. Executive agrees that during his employment, including the
Renewal Term, and for a period of one year following the end of his employment,
for any reason, he shall not, either directly or indirectly, accept employment
with, act as a consultant to, or otherwise perform the same services (which
shall be determined regardless of job title) for any business that directly
competes with Company's business, which is understood to be the design,
manufacture and retail sale (including Internet sales) of mens or womens
specialty clothing, accessories, shoes, and related items regardless of whether
such items are now included in Company's merchandise mix.

4.4. COOPERATION.

4.4.1. WITH COMPANY. Executive agrees to cooperate with Company during the
course of all third-party proceedings arising out of Company's business about
which Executive has knowledge or information. Such proceedings may include, but
are not limited to, internal investigations, administrative investigations or
proceedings, and lawsuits (including pre-trial discovery). For purposes of this
paragraph, cooperation includes, but is not limited to, Executive's making
himself available for interviews, meetings, depositions, hearings, and/or trials
without the need for subpoena or assurances by Company, providing any and all
documents in his possession that relate to the proceeding, and providing
assistance in locating any and all relevant notes and/or documents.

4.4.2. WITH THIRD PARTIES. Executive agrees to communicate with, or give
statements to, third parties relating to any matter about which Executive has
knowledge or information as a result of his employment only to the extent that
it is Executive's good faith belief that such communication or statement is in
Company's business interests; provided, however, the forgoing shall not restrict
or prevent Executive from providing information to governmental or regulatory
authorities as required by law.

4.4.3. WITH MEDIA. Executive agrees to communicate with, or give statements to,
any member of the media (print, television or radio) relating to any matter
about which Executive has knowledge or information as a result of his employment
only to the extent that it is Executive's good faith belief that such
communication or statement is in Company's business interests.

4.5. REMEDIES. Executive agrees that any disputes under this paragraph shall not
be subject to arbitration. If Executive breaches this paragraph, the damage will
be substantial, although difficult to quantify, and money damages may not afford
Company an adequate remedy; therefore, if Employee breaches or threatens to
breach this paragraph, Company shall be entitled, in addition to other rights
and remedies, to specific performance, injunctive relief and other equitable
relief to prevent or restrain such conduct.

5. TERMINATION AND RELATED BENEFITS.

5.1. DEATH. This Agreement shall terminate automatically upon Executive's death,
and Company shall pay his surviving spouse, or if he leaves no spouse, his
estate, any base salary earned by Executive, and any rights or benefits that
have vested through the date of termination, including the payment of the full
Renewal Term Compensation under paragraph 3.9. In addition, Company shall pay
Executive's surviving spouse, or if he leaves no spouse, his estate, any
declared but unpaid bonus that, but for Executive's death, would otherwise have
been payable to Executive.

5.2. PERMANENT DISABILITY. Upon Executive's permanent disability at anytime
during the Active Term, Company shall have the right to terminate this Agreement
immediately with written notice. Company shall not have the right to terminate
this Agreement for Executive's permanent disability during the Renewal Term. For
these purposes, permanent disability shall mean that Executive fails to perform
his duties on a full-time basis for a period of more than 90 calendar days
during any 12-month period, due to a physical or mental disability or infirmity.
If this Agreement is terminated due to Executive's permanent disability, Company
shall pay Executive any base salary earned and any rights or benefits that have
vested through the date of termination, including the payment of the full
Renewal Term Compensation under paragraph 3.9, subject to paragraph 7.11. In
addition, Company shall pay Executive any declared but unpaid bonus that, but
for Executive's disability, would otherwise have been payable to Executive.

5.3. TERMINATION BY COMPANY.

5.3.1. DURING THE ACTIVE TERM. In addition to as provided below in paragraphs
5.3.2, Company may terminate this Agreement at any time during the Active Term,
for any reason, upon 30 days' written notice to Executive. Company may, in its
sole discretion, require Executive to cease active employment immediately. In
the event of such a termination, Company shall have only the following
obligations:

(i) Pay Executive severance in the form of base salary continuation for one
year, subject to paragraph 7.11; provided, however, that such salary shall cease
to be paid if Executive accepts or performs comparable employment.

(ii) If Executive has been employed the full fiscal year prior to the date of
termination, pay Executive any incentive bonus declared, but unpaid.

(iii) Continue Executive's medical coverage for one year under the same terms as
provided to other Company executives, or pay for COBRA coverage; provided,
however, that such coverage shall cease upon Executive's becoming eligible for
similar coverage under another benefit plan.

(iv) Pay Executive the full Renewal Term Compensation over five years beginning
following the termination date.

5.3.2. FOR CAUSE. Company may terminate this Agreement at any time if it has
"cause" to do so. For purposes of this paragraph, the term "cause" means the
following:

(i) willful violation of laws and regulations governing Company;

(ii) willful failure to substantially comply with any material terms of this
Agreement, provided Company shall make a written demand for substantial
compliance setting forth the specific reason(s) for same and Executive shall
have 60 days to cure, if possible;

(iii) willful breach of fiduciary duties;

(iv) willful damage, willful misrepresentation, willful dishonesty, or other
willful conduct which Company determines has had or is likely to have a material
adverse effect upon Company's operations, assets, reputation or financial
conditions; or

(v) willful breach of any stated material employment policy of Company.

Failure to meet performance targets and measures shall not constitute "cause" as
that term is used herein. Executive may have an opportunity to be heard by the
Board prior to a termination for cause. For purposes of this paragraph,
Executive's acts or omissions shall be considered "willful" if done without a
good faith, reasonable belief that such act or omission was in Company's best
interest. In the event of termination for cause, Company's obligations hereunder
cease upon notice of termination.

5.3.4. METHOD OF PAYMENT. Executive agrees that Company shall pay the present
value of any amount(s) due under this paragraph in a lump sum. Present value
shall be calculated based upon National City Bank's prime interest rate.

5.4. VOLUNTARY RESIGNATION BY EXECUTIVE. Executive may terminate this Agreement
by his voluntary resignation at any time. Executive shall give at least 60
calendar days' written notice of his intention to resign to Company's Chairman,
which Company may accept immediately. In the event of Executive's resignation,
Company will have no further obligations or liability hereunder except for the
payment of any salary accrued and unpaid at the date of termination.

5.5. SALARY DUE AT TERMINATION. In the event of any termination of Executive's
employment under this Agreement, Executive (or his estate) shall be paid any
unpaid portion of his salary that has accrued by virtue of his employment during
the period prior to termination, and any unpaid, declared bonus, together with
any unpaid business expenses properly incurred under this Agreement prior to
termination. Such amounts shall be paid within 15 days of the date of
termination, unless otherwise provided herein and subject to paragraph 7.11.

6. ARBITRATION. Except as provided in paragraph 2.3 and in paragraph 4.5, the
parties agree that arbitration shall be the sole and exclusive remedy to redress
any dispute, claim or controversy involving the interpretation of this Agreement
or the terms, conditions or termination of this Agreement or the terms,
conditions or termination of Executive's employment with Company. The parties
intend that any arbitration award shall be final and binding and that a judgment
on the award may be entered in any court of competent jurisdiction and
enforcement may be had according to its terms. This paragraph shall survive the
termination or expiration of this Agreement.

6.1. Arbitration shall be held in Pittsburgh, PA, and shall be conducted by a
retired federal judge or other qualified arbitrator mutually agreed upon by the
parties in accordance with the Voluntary Arbitration Rules of the American
Arbitration Association then in effect. The parties shall have the right to
conduct discovery pursuant the Federal Rules of Civil Procedure; provided,
however, that the Arbitrator shall have the authority to establish an expedited
discovery schedule and cutoff and to resolve any discovery disputes. The
Arbitrator shall not have jurisdiction or authority to change any provision of
this Agreement by alterations of, additions to or subtractions from the terms
hereof. The Arbitrator's sole authority in this regard shall be to interpret or
apply any provision(s) of this Agreement. The Arbitrator shall be limited to
awarding compensatory damages, including unpaid wages or benefits, but shall
have no authority to award punitive, exemplary or similar-type damages.

6.2. Any claim or controversy not sought to be submitted to arbitration, in
writing, within 180 days of when it arose shall be deemed waived and the moving
party shall have no further right to seek arbitration or recovery with respect
to such claim or controversy.

6.3. The arbitrator shall be entitled to award expenses, including the costs of
the proceeding, and reasonable counsel fees.

6.4. The parties hereby acknowledge that since arbitration is the exclusive
remedy, neither party has the right to resort to any federal, state or local
court or administrative agency concerning breaches of this Agreement, except as
otherwise provided in paragraph 2.3 or paragraph 4.5, and that the decision of
the Arbitrator shall be a complete defense to any suit, action or proceeding
instituted in any federal, state or local court before any administrative agency
with respect to any arbitrable claim or controversy.

7. GENERAL PROVISIONS.

7.1. The parties agree that the covenants and promises set forth in paragraphs
4, 5 and 6 shall survive the termination of this Agreement and continue in full
force and effect.

7.2. Except as otherwise provided in paragraph 6.2 above, failure to insist upon
strict compliance with any term hereof shall not be considered a waiver of any
such term.

7.3. This Agreement along with any other document or policy or practice
referenced herein (which are collectively referred to as "Agreement" herein),
contain the entire agreement of the parties regarding Executive's employment and
supersede any prior written or oral agreements or understandings relating to the
same. No modification or amendment of this Agreement shall be valid unless in
writing and signed by or on behalf of both parties.

7.4. If Executive's employment terminates, for any reason whatsoever, he shall
immediately tender his written resignation from the Board, which resignation the
Chairman may or may not accept.

7.5. Once signed by both parties, this Agreement shall be binding upon and shall
inure to the benefit of the heirs, successors, and assigns of the parties.

7.6. This Agreement is intended to be performed in accordance with, and only to
the extent permitted by, all applicable laws, ordinances, rules and regulations.
If any provisions of this Agreement, or the application thereof to any person or
circumstance, shall, for any reason and to any extent, be held invalid or
unenforceable, such invalidity and unenforceability shall not affect the
remaining provisions hereof and the application of such provisions to other
persons or circumstances, all of which shall be enforced to the greatest extent
permitted by law.

7.7. The validity, construction, and interpretation of this Agreement and the
rights and duties of the parties hereto shall be governed by the laws of the
State of Pennsylvania, without reference to the Pennsylvania choice of law
rules.

7.8. Any written notice required or permitted hereunder shall be mailed,
certified mail (return receipt requested) or hand-delivered, addressed to
Company's Chairman at Company's then principal office, or to Executive at the
most recent home address on his paycheck. Notices are effective upon receipt.

7.9. The rights of Executive under this Agreement shall be solely those of an
unsecured general creditor of Company.

7.10. The headings in this Agreement are inserted for convenience of reference
only and shall not be a part of or control or affect the meaning of any
provision hereof.

7.11. Notwithstanding anything in this Agreement to the contrary, if, when
Executive's employment with Company terminates, Company believes that any
payments under this Agreement will result in additional tax or interest to
Executive under Internal Revenue Code Section 409A and the guidance promulgated
there under ("Code Section 409A"), Company may suspend the payments to Executive
of amounts due within the first six months after the termination date. If
Company suspends any payments, it will aggregate and pay these amounts to
Executive on the earliest of (a) the date that is six months and one day after
the termination date, (b) the date of the Executive's death, or (c) any earlier
date that does not result in such additional tax or interest under Code Section
409A. To the extent that any provisions of this Agreement do not comply with
Internal Revenue Code Section 409A and the guidance promulgated there under
("Code Section 409A"), which would cause Executive to incur any additional tax
or interest under Code Section 409A, such terms of the Agreement shall be deemed
to be modified, to the extent reasonably possible to do so, and applied in a
manner to be consistent with Code Section 409A.

 

IN WITNESS WHEREOF, the parties have duly executed and delivered this Agreement
consisting of 10 pages.

EXECUTIVE   AMERICAN EAGLE OUTFITTERS, INC.       Roger S. Markfield   By: James
V. O'Donnell Signed:  /s/ Roger S. Markfield   Signed: /s/ James V. O'Donnell
Dated:  December 17, 2008   Dated:  December 17, 2008