Document:

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                                                                   EXHIBIT 10.18

                        BIG 5 SPORTING GOODS CORPORATION

                            INDEMNIFICATION AGREEMENT

        THIS INDEMNIFICATION AGREEMENT is made and entered into as of the ____
day of ________, 2002 (the "Agreement"), by and between Big 5 Sporting Goods
Corporation, a Delaware corporation (the "Company"), and (the "Indemnitee"),
with reference to the following facts.

        RECITALS:

        A. The Company desires the benefits of having Indemnitee serve as an
officer and/or director secure in the knowledge that any expenses, liability
and/or losses incurred by him in his good faith service to the Company will be
borne by the Company or its successors and assigns.

        B. Indemnitee is willing to serve in his position with the Company only
on the condition that he be indemnified for such expenses, liability and/or
losses.

        C. The Company and Indemnitee recognize the increasing difficulty in
obtaining liability insurance for directors, officers and agents of a
corporation at reasonable cost.

        D. The Company and Indemnitee recognize that there has been an increase
in litigation against corporate directors, officers and agents.

        E. The Company's Restated Certificate of Incorporation and Bylaws allows
and requires the Company to indemnify its directors, officers and agents to the
maximum extent permitted under Delaware law.

        NOW, THEREFORE, the parties hereby agree as follows:

        1. Definitions. For purposes of this Agreement:

               (a) "Agent" shall mean any person who is or was a director,
officer, employee or agent of the Company or a subsidiary of the Company whether
serving in such capacity or as a director, officer, employee, agent, fiduciary
or other official of another corporation, joint venture, trust or other
enterprise at the request of, for the convenience of, or to represent the
interests of the Company or a subsidiary of the Company.

               (b) "Change of Control" shall mean the occurrence of any of the
following events after the date of this Agreement:

               (i) A change in the composition of the board of directors of the
               Company (the "Board"), as a result of which fewer than two-thirds
               of the incumbent directors are directors who either (i) had been
               directors of the Company twenty-four (24) months prior to such
               change or (ii) were elected, or nominated for election, to the
               Board with the affirmative votes of at least a

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               majority of the directors who had been directors of the Company
               twenty-four (24) months prior to such change and who were still
               in office at the time of the election or nomination; or

               (ii) Any "person" (as such term is used in sections 13(d) and
               14(d) of the Securities Exchange Act of 1934 (the "Exchange
               Act"), as amended) through the acquisition or aggregation of
               securities is or becomes the beneficial owner, directly or
               indirectly, of securities of the Company representing twenty
               percent (20%) or more of the combined voting power of the
               Company's then outstanding securities ordinarily (and apart from
               rights accruing under special circumstances) having the right to
               vote at elections of directors (the "Capital Stock"); provided,
               however, that any change in ownership of the Company's securities
               by any person resulting solely from a reduction in the aggregate
               number of outstanding shares of Capital Stock, and any decrease
               thereafter in such person's ownership of securities, shall be
               disregarded until such person increases in any manner, directly
               or indirectly, such person's beneficial ownership of any
               securities of the Company.

               (c) "Disinterested Director" shall mean a director of the Company
who is not and was not a party to the Proceeding in respect of which
indemnification is being sought by Indemnitee.

               (d) "Expenses" shall be broadly construed and shall include,
without limitation, (a) all direct and indirect costs incurred, paid or accrued,
(b) all attorneys' fees, retainers, court costs, transcripts, fees of experts,
witness fees, travel expenses, food and lodging expenses while traveling,
duplicating costs, printing and binding costs, telephone charges, postage,
delivery service, freight or other transportation fees and expenses, (c) all
other disbursements and out-of-pocket expenses, including all costs incurred in
connection with investigating any Proceeding, (d) amounts paid in settlement, to
the extent not prohibited by Delaware Law, and (e) reasonable compensation for
time spent by Indemnitee for which he is otherwise not compensated by the
Company or any third party, actually and reasonably incurred in connection with
or arising out of a Proceeding, including a Proceeding by Indemnitee to
establish or enforce a right to indemnification under this Agreement, applicable
law or otherwise.

               (e) "Independent Counsel" shall mean a law firm or a member of a
law firm that neither is presently nor in the past five (5) years has been
retained to represent: (a) the Company, an affiliate of the Company or
Indemnitee in any matter material to either party or (b) any other party to the
Proceeding giving rise to a claim for indemnification hereunder. Notwithstanding
the foregoing, the term "Independent Counsel" shall not include any person who,
under the applicable standards of professional conduct then prevailing would
have a conflict of interest in representing either the Company or Indemnitee in
an action to determine Indemnitee's right to indemnification under this
Agreement.

               (f) "Liabilities" shall mean liabilities of any type whatsoever,
including, but not limited to, judgments or fines, ERISA or other excise taxes
and penalties, and amounts paid in settlement (including all interest,
assessments or other charges paid or

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payable in connection with any of the foregoing) actually and reasonably
incurred by Indemnitee in connection with a Proceeding.

               (g) "Delaware Law" means the General Corporation Law of the State
of Delaware, as amended and in effect from time to time or any successor or
other statutes of Delaware having similar import and effect.

               (h) "Proceeding" shall mean any pending, threatened or completed
action, hearing, suit or any other proceeding, whether civil, criminal,
arbitrative, administrative, investigative or any alternative dispute resolution
mechanism, including without limitation any such Proceeding brought by or in the
right of the Company.

        2. Employment Rights and Duties. Subject to any other obligations
imposed on either of the parties by contract or by law, and with the
understanding that this Agreement is not intended to confer employment rights on
either party which they did not possess on the date of its execution, Indemnitee
agrees to serve as a director or officer so long as he is duly appointed or
elected and qualified in accordance with the applicable provisions of the
Restated Certificate of Incorporation (the "Certificate") and Bylaws (the
"Bylaws") of the Company or any subsidiary of the Company and until such time as
he resigns or fails to stand for election or until his employment terminates.
Indemnitee may from time to time also perform other services at the request, or
for the convenience of, or otherwise benefiting the Company. Indemnitee may at
any time and for any reason resign or be removed from such position (subject to
any other contractual obligation or other obligation imposed by operation of
law), in which event the Company shall have no obligation under this Agreement
to continue Indemnitee in any such position.

               (a) Directors' and Officers' Insurance.

               (i) The Company hereby covenants and agrees that, so long as
               Indemnitee shall continue to serve as a director or officer of
               the Company and thereafter so long as Indemnitee shall be subject
               to any possible Proceeding, the Company, subject to Section
               2.1(c), shall maintain directors' and officers' insurance in full
               force and effect.

               (ii) In all policies of directors' and officers' insurance,
               Indemnitee shall be named as an insured in such a manner as to
               provide Indemnitee the same rights and benefits, subject to the
               same limitations, as are accorded to the Company's directors or
               officers most favorably insured by such policy.

        3. Indemnification; General Agreement. The Company shall indemnify
Indemnitee to the fullest extent authorized or permitted by Delaware Law and the
provisions of the Certificate and Bylaws of the Company in effect on the date
hereof, and as Delaware Law, the Certificate and Bylaws may from time to time be
amended (but, in the case of any such amendment, only to the extent such
amendment permits the Company to provide broader indemnification rights than
Delaware Law, the Certificate and/or Bylaws permitted the Company to provide
before such amendment). The right to indemnification conferred in the
Certificate shall be presumed to have been relied upon by Indemnitee in serving
or continuing to serve the Company as a director or officer and shall be
enforceable as a contract

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right. Without in any way diminishing the scope of the indemnification provided
by the Certificate and this Section 3, the Company shall indemnify Indemnitee if
and whenever he is or was a witness, party or is threatened to be made a witness
or a party to any Proceeding, by reason of the fact that he is or was an Agent
or by reason of anything done or not done, or alleged to have been done or not
done, by him in such capacity, against all Expenses and Liabilities actually and
reasonably incurred by Indemnitee or on his behalf in connection with the
investigation, defense, settlement or appeal of such Proceeding. In addition to,
and not as a limitation of, the foregoing, the rights of indemnification of
Indemnitee provided under this Agreement shall include those rights set forth in
Sections 4, 5, 6 and 7 below.

        4. Payment of Expenses.

               (a) All Expenses incurred by or on behalf of Indemnitee shall be
advanced by the Company to Indemnitee within twenty (20) days after the receipt
by the Company of a written request for such advance which may be made from time
to time, whether prior to or after final disposition of a Proceeding (unless
there has been a final determination by a court of competent jurisdiction that
Indemnitee is not entitled to be indemnified for such Expenses). Indemnitee's
entitlement to advancement of Expenses shall include those incurred in
connection with any Proceeding by Indemnitee seeking a determination, an
adjudication or an award in arbitration pursuant to this Agreement. The requests
shall reasonably evidence the Expenses incurred by Indemnitee in connection
therewith. Indemnitee hereby undertakes to repay the amounts advanced if it
shall ultimately be determined that Indemnitee is not entitled to be indemnified
pursuant to the terms of this Agreement.

               (b) Notwithstanding any other provision in this Agreement, to the
extent that Indemnitee has been successful on the merits or otherwise in defense
of any Proceeding, Indemnitee shall be indemnified against all Expenses actually
and reasonably incurred by Indemnitee in connection therewith.

        5. Procedure for Determination of Entitlement to Indemnification.

               (a) Whenever Indemnitee believes that he is entitled to
indemnification pursuant to this Agreement, Indemnitee shall submit a written
request for indemnification (the "Indemnification Request") to the Company to
the attention of the President with a copy to the Secretary. This request shall
include documentation or information which is necessary for the determination of
entitlement to indemnification and which is reasonably available to Indemnitee.
Determination of Indemnitee's entitlement to indemnification shall be made no
later than forty-five (45) days after receipt of the Indemnification Request.
The President or the Secretary shall, promptly upon receipt of Indemnitee's
request for indemnification, advise the Board in writing that Indemnitee has
made such request for indemnification.

               (b) The Indemnification Request shall set forth Indemnitee's
selection of which of the following forums shall determine whether Indemnitee is
entitled to indemnification:

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               (i) A majority vote of Directors who are not parties to the
               action with respect to which indemnification is sought, even
               though less than a quorum.

               (ii) A written opinion of an Independent Counsel (provided there
               are no such Directors as set forth in (1) above or if such
               Directors as set forth in (1) above so direct).

               (iii) A majority vote of the stockholders at a meeting at which a
               quorum is present, with the shares owned by the person to be
               indemnified not being entitled to vote thereon.

               (iv)   The court in which the Proceeding is or was pending upon
               application by Indemnitee.

        The Company agrees to bear any and all costs and expenses incurred by
Indemnitee or the Company in connection with the determination of Indemnitee's
entitlement to indemnification by any of the above forums.

        6. Presumptions and Effect of Certain Proceedings. No initial finding by
the Board, its counsel, Independent Counsel, arbitrators or the shareholders
shall be effective to deprive Indemnitee of the protection of this indemnity,
nor shall a court or other forum to which Indemnitee may apply for enforcement
of this indemnity give any weight to any such adverse finding in deciding any
issue before it. Upon making a request for indemnification, Indemnitee shall be
presumed to be entitled to indemnification under this Agreement and the Company
shall have the burden of proof to overcome that presumption in reaching any
contrary determination. The termination of any Proceeding by judgment, order,
settlement, arbitration award or conviction, or upon a plea of nolo contendere
or its equivalent, shall not, of itself, (a) adversely affect the rights of
Indemnitee to indemnification except as indemnification may be expressly
prohibited under this Agreement, (b) create a presumption that Indemnitee did
not act in good faith and in a manner which he reasonably believed to be in or
not opposed to the best interests of the Company or (c) with respect to any
criminal action or proceeding, create a presumption that Indemnitee had
reasonable cause to believe that his conduct was unlawful.

        7. Partial Indemnification. If Indemnitee is entitled under any
provision of this Agreement to indemnification by the Company for some or a
portion of the Expenses, judgments, fines or penalties actually or reasonably
incurred in the investigation, defense, appeal or settlement of any Proceeding,
but not, however, for the total amount thereof, the Company shall nevertheless
indemnify Indemnitee for the portion of such expenses, judgments, fines or
penalties to which Indemnitee is entitled.

        8. Remedies of Indemnitee in Cases of Determination not to Indemnify or
to Not Advance Expenses.

               (a) In the event that (a) an initial determination is made that
Indemnitee is not entitled to indemnification, (b) advances for Expenses are not
made when and as required by this Agreement, (c) payment has not been timely
made following a determination of entitlement to indemnification pursuant to
this Agreement or (d) Indemnitee otherwise seeks enforcement of this Agreement,
Indemnitee shall be entitled

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to a final adjudication in an appropriate court of the State of Delaware of his
entitlement to such indemnification or advance. Alternatively, Indemnitee at his
sole option may seek an award in arbitration. If the parties are unable to agree
on an arbitrator, the parties shall provide JAMS Endispute ("JAMS") with a
statement of the nature of the dispute and the desired qualifications of the
arbitrator. JAMS will then provide a list of three available arbitrators. Each
party may strike one of the names on the list, and the remaining person will
serve as the arbitrator. If both parties strike the same person, JAMS will
select the arbitrator from the other two names. The arbitration award shall be
made within ninety (90) days following the demand for arbitration. Except as set
forth herein, the provisions of Delaware Law shall apply to any such
arbitration. The Company shall not oppose Indemnitee's right to seek any such
adjudication or arbitration award. In any such proceeding or arbitration
Indemnitee shall be presumed to be entitled to indemnification under this
Agreement and the Company shall have the burden of proof to overcome that
presumption.

               (b) An initial determination, in whole or in part, that
Indemnitee is not entitled to indemnification shall create no presumption in any
judicial proceeding or arbitration that Indemnitee has not met the applicable
standard of conduct for, or is otherwise not entitled to, indemnification.

               (c) If an initial determination is made or deemed to have been
made pursuant to the terms of this Agreement that Indemnitee is entitled to
indemnification, the Company shall be bound by such determination in the absence
of (a) a misrepresentation of a material fact by Indemnitee in the request for
indemnification or (b) a specific finding (which has become final) by a court of
competent jurisdiction that all or any part of such indemnification is expressly
prohibited by law.

               (d) The Company and Indemnitee agree herein that a monetary
remedy for breach of this Agreement, at some later date, will be inadequate,
impracticable and difficult to prove, and further agree that such breach would
cause Indemnitee irreparable harm. Accordingly, the Company and Indemnitee agree
that Indemnitee shall be entitled to temporary and permanent injunctive relief
to enforce this Agreement without the necessity of proving actual damages or
irreparable harm. The Company and Indemnitee further agree that Indemnitee shall
be entitled to such injunctive relief, including temporary restraining orders,
preliminary injunctions and permanent injunctions, without the necessity of
posting bond or other undertaking in connection therewith. Any such requirement
of bond or undertaking is hereby waived by the Company, and the Company
acknowledges that in the absence of such a waiver, a bond or undertaking may be
required by the court.

               (e) The Company shall be precluded from asserting that the
procedures and presumptions of this Agreement are not valid, binding and
enforceable. The Company shall stipulate in any such court or before any such
arbitrator that the Company is bound by all the provisions of this Agreement and
is precluded from making any assertion to the contrary.

               (f) Expenses incurred by Indemnitee in connection with his
request for indemnification under, seeking enforcement of or to recover damages
for breach of this Agreement shall be borne and advanced by the Company.

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        9. Other Rights to Indemnification. Indemnitee's rights of
indemnification and advancement of expenses provided by this Agreement shall not
be deemed exclusive of any other rights to which Indemnitee may now or in the
future be entitled under applicable law, the Certificate, the Bylaws, an
employment agreement, a vote of shareholders or Disinterested Directors,
insurance or other financial arrangements or otherwise.

        10. Limitations on Indemnification. No indemnification pursuant to
Section 3 shall be paid by the Company nor shall Expenses be advanced pursuant
to Section 3:

               (a) Insurance. To the extent that Indemnitee is reimbursed
pursuant to such insurance as may exist for Indemnitee's benefit.
Notwithstanding the availability of such insurance, Indemnitee also may claim
indemnification from the Company pursuant to this Agreement by assigning to the
Company any claims under such insurance to the extent Indemnitee is paid by the
Company. Indemnitee shall reimburse the Company for any sums he receives as
indemnification from other sources to the extent of any amount paid to him for
that purpose by the Company;

               (b) Section 16(b). On account and to the extent of any wholly or
partially successful claim against Indemnitee for an accounting of profits made
from the purchase or sale by Indemnitee of securities of the Company pursuant to
the provisions of section 16(b) or the Securities Exchange Act of 1934, as
amended, and amendments thereto or similar provisions of any federal, state or
local statutory law;

               (c) Lack of Good Faith. To indemnify Indemnitee for any expenses
incurred by Indemnitee with respect to any Proceeding instituted by Indemnitee
to enforce or interpret this Agreement, if a court of competent jurisdiction
determines that each of the material assertions made by Indemnitee in such
Proceeding was not made in good faith or was frivolous; or

               (d) Indemnitee's Proceedings. Except as otherwise provided in
this Agreement, in connection with all or any part of a Proceeding which is
initiated or maintained by or on behalf of Indemnitee, or any Proceeding by
Indemnitee against the Company or its directors, officers, employees or other
agents, unless (a) such indemnification is expressly required to be made by
Delaware Law, (b) the Proceeding was authorized by a majority of the
Disinterested Directors (c) there has been a Change of Control, or (d) such
indemnification is provided by the Company, in its sole discretion, pursuant to
the powers vested in the Company under Delaware Law.

        11. Duration and Scope of Agreement; Binding Effect. This Agreement
shall continue so long as Indemnitee shall be subject to any possible Proceeding
subject to indemnification by reason of the fact that he is or was an Agent and
shall be applicable to any Proceeding commenced or continued after execution of
this Agreement, whether arising from acts or omissions occurring before,
concurrently with or after such execution. This Agreement shall be binding upon
the Company and its successors and assigns (including any direct or indirect
successor by purchase, merger, consolidation or otherwise to all or
substantially all of the business or assets of the Company) and shall inure to
the benefit of Indemnitee and his spouse, assigns, heirs, devisees, executors,
administrators and other legal representatives.

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        12. Notice by Indemnitee and Defense of Claims. Indemnitee agrees
promptly to notify the Company in writing upon being served with any summons,
citation, subpoena, complaint, indictment, information or other document
relating to any matter which may be subject to indemnification hereunder,
whether civil, criminal, arbitrative, administrative or investigative; but the
omission so to notify the Company will not relieve it from any liability which
it may have to Indemnitee if such omission does not actually prejudice the
Company's rights and, if such omission does prejudice the Company's rights, it
will relieve the Company from liability only to the extent of such prejudice;
nor will such omission relieve the Company from any liability which it may have
to Indemnitee otherwise than under this Agreement. With respect to any
Proceeding:

               (i) The Company will be entitled to participate therein at its
               own expense;

               (ii) Except as otherwise provided below, to the extent that it
               may wish, the Company jointly with any other indemnifying party
               similarly notified will be entitled to assume the defense
               thereof, with counsel reasonably satisfactory to Indemnitee.
               After notice from the Company to Indemnitee of its election so to
               assume the defense thereof and the assumption of such defense,
               the Company will not be liable to Indemnitee under this Agreement
               for any attorney fees or costs subsequently incurred by
               Indemnitee in connection with Indemnitee's defense except as
               otherwise provided below. Indemnitee shall have the right to
               employ his counsel in such Proceeding but the fees and expenses
               of such counsel incurred after notice from the Company of its
               assumption of the defense thereof and the assumption of such
               defense shall be at the expense of Indemnitee unless (iii) the
               employment of counsel by Indemnitee has been authorized by the
               Company, (iv) Indemnitee shall have reasonably concluded that
               there may be a conflict of interest between the Company and
               Indemnitee in the conduct of the defense of such action or that
               the Company's counsel may not be adequately representing
               Indemnitee or (v) the Company shall not in fact have employed
               counsel to assume the defense of such action, in each of which
               cases the fees and expenses of counsel shall be at the expense of
               the Company; and

               (iii) The Company shall not be liable to indemnify Indemnitee
               under this Agreement for any amounts paid in settlement of any
               action or claim effected without its written consent. The Company
               shall not settle any action or claim which would impose any
               limitation or penalty on Indemnitee without Indemnitee's written
               consent. Neither the Company nor Indemnitee will unreasonably
               withhold its or his consent to any proposed settlement.

        13. Contribution. In order to provide for just and equitable
contribution in circumstances in which the indemnification provided for in this
Agreement is held by a court of competent jurisdiction to be unavailable to
Indemnitee in whole or part, the Company shall, in such an event, after taking
into account, among other things, contributions by other directors and officers
of the Company pursuant to indemnification agreements or otherwise, and, in the
absence of personal enrichment, acts of intentional fraud, dishonesty,
disloyalty, willful misconduct or criminal conduct on the part of Indemnitee,

                                      -8-
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contribute to the payment of Indemnitee's losses to the extent that, after other
contributions are taken into account, such losses exceed: (a) in the case of a
director of the Company or any of its subsidiaries who is not an officer of the
Company or any of such subsidiaries, the amount of fees paid to the director for
serving as a director during the twelve (12) months preceding the commencement
of the Proceeding; or (b) in the case of a director of the Company or any of its
subsidiaries who is also an officer of the Company or any of such subsidiaries,
the amount set forth in clause (a) plus five percent (5%) of the aggregate cash
compensation paid to said director for service in such office(s) during the
twelve (12) months preceding the commencement of the Proceeding; or (c) in the
case of an officer of the Company or any of its subsidiaries, five percent (5%)
of the aggregate cash compensation paid to such officer for service in such
office(s) during the twelve (12) months preceding the commencement of such
Proceeding.

        14. Miscellaneous Provisions.

               (a) Severability; Partial Indemnity. If any provision or
provisions of this Agreement (or any portion thereof) shall be held by a court
of competent jurisdiction to be invalid, illegal or unenforceable for any reason
whatever: (a) such provision shall be limited or modified in its application to
the minimum extent necessary to avoid the invalidity, illegality or
unenforceability of such provision; (b) the validity, legality and
enforceability of the remaining provisions of this Agreement shall not in any
way be affected or impaired thereby; and (c) to the fullest extent possible, the
provisions of this Agreement shall be construed so as to give effect to the
intent manifested by the provision (or portion thereof) held invalid, illegal or
unenforceable. If Indemnitee is entitled under any provision of this Agreement
to indemnification by the Company for some or a portion of any Expenses or
Liabilities of any type whatsoever incurred by him in the investigation,
defense, settlement or appeal of a Proceeding but not entitled to all of the
total amount thereof, the Company shall nevertheless indemnify Indemnitee for
such total amount except as to the portion thereof for which it has been
determined pursuant to Section 5 hereof that Indemnitee is not entitled.

               (b) Identical Counterparts. This Agreement may be executed in one
or more counterparts, each of which shall for all purposes be deemed to be an
original but all of which together shall constitute one and the same Agreement.
Only one such counterpart signed by the party against whom enforceability is
sought needs to be produced to evidence the existence of this Agreement.

               (c) Interpretation of Agreement. It is understood that the
parties hereto intend this Agreement to be interpreted and enforced so as to
provide indemnification to Indemnitee to the fullest extent not now or hereafter
prohibited by law.

               (d) Headings. The headings of the sections and paragraphs of this
Agreement are inserted for convenience only and shall not be deemed to
constitute part of this Agreement or to affect the construction thereof.

               (e) Pronouns. Use of the masculine pronoun shall be deemed to
include use of the feminine pronoun where appropriate.

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<PAGE>
               (f) Modification and Waiver. No supplement, modification or
amendment of this Agreement shall be binding unless executed in writing by both
of the parties to this Agreement. No waiver of any provision of this Agreement
shall be deemed to constitute a waiver of any of the provisions hereof (whether
or not similar) nor shall such waiver constitute a continuing waiver. No waiver
of any provision of this Agreement shall be effective unless executed in
writing.

               (g) Notices. All notices, requests, demands and other
communications hereunder shall be in writing and shall be deemed to have been
duly given if (a) delivered by hand and receipted for by the party to whom said
notice or other communication shall have been directed, (b) mailed by certified
or registered mail with postage prepaid, on the third business day after the
date on which it is so mailed, (c) sent via facsimile with the transmission and
receipt of such facsimile having been confirmed in a reputable manner, or (d)
sent via electronic mail with the transmission and receipt of such electronic
mail having been confirmed in a reputable manner:

(i)  If to Indemnitee, to:               ________________
                                         ________________
                                         ________________
                                         ________________

                                         Telephone: (___) ___-_____
                                         Fax: (___) ___-_____

(ii)  If to the Company to:              Big 5 Sporting Goods Corporation
                                         2525 E. El Segundo Boulevard
                                         El Segundo, CA 90245
                                         Attn:  Gary S. Meade
                                         Telephone: (310) 536-0611
                                         Fax:  (310) 297-7595

 With a copy to:                         Irell & Manella LLP
                                         1800 Avenue of the Stars, Suite 900
                                         Los Angeles, CA 90067
                                         Attn:  Andrew W. Gross
                                         Telephone:  (310) 277-1010
                                         Fax:  (310) 203-7199

or to such other address as may have been furnished to Indemnitee by the Company
or to the Company by Indemnitee, as the case may be.

               (h) Governing Law. The parties agree that this Agreement shall be
governed by, and construed and enforced in accordance with, the laws of the
State of Delaware, as applied to contracts between Delaware residents entered
into and to be performed entirely within Delaware.

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<PAGE>
               (i) Consent to Jurisdiction. The Company and Indemnitee each
hereby irrevocably consent to the jurisdiction of the courts of the State of
California for all purposes in connection with any action or proceeding which
arises out of or relates to this agreement and agree that any action instituted
under this agreement shall be brought only in the state courts of the State of
California.

               (j) Entire Agreement. This Agreement represents the entire
agreement between the parties hereto, and there are no other agreements,
contracts or understanding between the parties hereto with respect to the
subject matter of this Agreement, except as specifically referred to herein or
as provided in Sections 9 and 2.1 hereof.

        IN WITNESS WHEREOF, the parties hereto have executed this Agreement on
the day and year first above written.

                                               BIG 5 SPORTING GOODS CORPORATION,
                                               a Delaware corporation

                                               ---------------------------------
                                               By:
                                                  ------------------------------
                                               Its:
                                                   -----------------------------

                                               INDEMNITEE

                                               ---------------------------------
                                               Name:
                                                    ----------------------------

                                      -11-<PAGE>

                                                                   EXHIBIT 10.19

                             TERMINATION AGREEMENT

        THIS TERMINATION AGREEMENT (this "Agreement") is entered into as of June
__, 2002 by and between Big 5 Sporting Goods Corporation, a Delaware corporation
formerly known as "Big 5 Holdings Corp." ("Parent"), Big 5 Corp., a Delaware
corporation ("Sub" and, together with Parent, the "Companies"), and Leonard
Green & Associates, L.P., a Delaware limited partnership ("LGA").

                                 R E C I T A L S

        A. LGA and each of the Companies are parties to that certain Management
Services Agreement dated as of November 13, 1997 (the "Management Services
Agreement"), under which LGA provides (i) management, consulting and financial
planning services to the Companies on an ongoing basis in connection with the
operation and growth of the Companies and (ii) financial advisory services to
the Companies in connection with major financial transactions that may be
undertaken from time to time after the date of the Management Services
Agreement.

        B. Concurrently with the consummation of the initial public offering of
shares of common stock of Parent (the date of such consummation, the "Effective
Date"), LGA and the Companies wish to terminate the Management Services
Agreement on the terms set forth herein.

                                A G R E E M E N T

        NOW, THEREFORE, in consideration of the mutual covenants and agreements
set forth herein, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereby agree as
follows:

        1. Termination of Management Services Agreement. Effective on payment to
LGA of the termination fee described below in immediately available funds, the
Management Services Agreement shall terminate in full and be of no further force
or effect and, except as provided in Section 2 below, each party hereto shall
have no further liabilities or obligations thereunder. As consideration for
LGA's agreement to terminate the Management Services Agreement, on the Effective
Date, the Companies will pay LGA a termination fee in cash in the amount of
$875,000.

        2. No Further Accruals of Fees or Expenses. The parties hereto
acknowledge that no fees or expenses under the Management Services Agreement
shall accrue from and after the Effective Date. The Companies will pay to LGA on
or before the thirtieth day following the Effective Date all unpaid fees and
expenses due to LGA under the Management Services Agreement that accrued prior
to the Effective Date.

        3. Miscellaneous.

                3.1 Governing Law. This Agreement and the rights and obligations
arising hereunder shall be governed by, and construed and enforced in accordance
with, the

<PAGE>
laws of the State of California applicable to contracts made and performed
entirely in such state, without regard to principles regarding choice of law or
conflicts of laws.

                3.2 Successors and Assigns. This Agreement shall inure to the
benefit of, and be binding upon, the parties and their respective successors and
assigns.

                3.3 Counterparts. This Agreement may be executed in two or more
counterparts or by facsimile transmission, each of which shall be an original
but all of which taken together shall constitute one and the same instrument.

                                     - 2 -
<PAGE>

        IN WITNESS WHEREOF, the parties have caused this Agreement to be
executed and delivered by their duly authorized representatives as of the date
first written above.

                                       LGA

                                       LEONARD GREEN & ASSOCIATES, L.P.,
                                       a Delaware limited partnership

                                       By:
                                          --------------------------------------
                                          Jonathan D. Sokoloff
                                          General Partner

                                       PARENT

                                       BIG 5 SPORTING GOODS CORPORATION, INC.
                                       (formerly known as Big 5 Holdings Corp.),
                                       a Delaware corporation

                                       By:
                                          --------------------------------------
                                           Steven G. Miller
                                           President

                                       SUB

                                       BIG 5 CORP., a Delaware corporation

                                       By:
                                          --------------------------------------
                                           Steven G. Miller
                                           President

                                     - 3 -

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