Document:

EX-10.5

 Exhibit 10.5 
 EXECUTION VERSION 
 REGISTRATION RIGHTS AGREEMENT 

by and among 
 RESTORATION HARDWARE HOLDINGS, INC., 
 HOME HOLDINGS, LLC,

 CP HOME HOLDINGS, LLC, 
 TOWER THREE HOME LLC, 
 GLENHILL CAPITAL OVERSEAS MASTER FUND LP,

 GLENHILL CAPITAL LP, 
 THE GLENN J. KREVLIN REVOCABLE TRUST 
 AND THE KREVLIN 2005 GIFT TRUST

 AND 
 THE OTHER STOCKHOLDERS PARTY HERETO 
  

 
 Dated as of
November 7, 2012 
  
  

 

 TABLE OF CONTENTS 

 

									
	 	 	 	  	 	  	Page	 
		
	Article I. DEFINITIONS; RULES OF CONSTRUCTION	  	 	1	  
				
		 	SECTION 1.01.	  	Definitions	  	 	1	  
		 	SECTION 1.02.	  	Rules of Construction	  	 	3	  
		
	Article II. REPRESENTATIONS AND WARRANTIES	  	 	4	  
				
		 	SECTION 2.01.	  	Authority; Enforceability	  	 	4	  
		 	SECTION 2.02.	  	Consent	  	 	4	  
		
	Article III. REGISTRATION RIGHTS	  	 	4	  
				
		 	SECTION 3.01.	  	Company Registration	  	 	4	  
		 	SECTION 3.02.	  	Registration Procedures	  	 	6	  
		 	SECTION 3.03.	  	Registration Expenses	  	 	10	  
		 	SECTION 3.04.	  	Indemnification	  	 	10	  
		 	SECTION 3.05.	  	Lock-Up Agreements	  	 	13	  
		 	SECTION 3.06.	  	Participation in Registrations	  	 	16	  
		 	SECTION 3.07.	  	Rule 144	  	 	16	  
		
	Article IV. MISCELLANEOUS	  	 	16	  
				
		 	SECTION 4.01.	  	Notices	  	 	16	  
		 	SECTION 4.02.	  	Binding Effect; Benefits	  	 	17	  
		 	SECTION 4.03.	  	Amendment	  	 	18	  
		 	SECTION 4.04.	  	Assignability	  	 	18	  
		 	SECTION 4.05.	  	Governing Law; Submission to Jurisdiction	  	 	18	  
		 	SECTION 4.06.	  	Enforcement	  	 	18	  
		 	SECTION 4.07.	  	Severability	  	 	18	  
		 	SECTION 4.08.	  	Additional Securities Subject to Agreement	  	 	19	  
		 	SECTION 4.09.	  	Section and Other Headings	  	 	19	  
		 	SECTION 4.10.	  	Counterparts	  	 	19	  
		 	SECTION 4.11.	  	Waiver of Jury Trial	  	 	19	  
		 	SECTION 4.12.	  	Entire Agreement	  	 	19	  

 EXHIBIT INDEX 
  

			
	Exhibit A	  	Form of Consent of Holder of Registrable Securities

  
 i 

 REGISTRATION RIGHTS AGREEMENT 

THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated as of November 7, 2012, by and among
Restoration Hardware Holdings, Inc., a Delaware corporation (the “Company”), Home Holdings, LLC, a Delaware limited liability company (“HH”), CP Home Holdings, LLC (“Catterton”), Tower Three Home
LLC (“Tower Three”), Glenhill Capital Overseas Master Fund LP, Glenhill Capital LP, the Glenn J. Krevlin Revocable Trust and the Krevlin 2005 Gift Trust (collectively “Glenhill”), and each registered or beneficial
owner of shares of common stock of the Company listed on Schedule A hereto that has signed a Consent of Holder of Registrable Securities (such parties and each Person listed on Schedule A hereto, individually, a
“Holder” and, collectively, the “Holders”). 
 WHEREAS, on the date hereof the Company has
consummated an initial public offering, in connection with which, the parties desire to enter into this Agreement. 
 NOW,
THEREFORE, effective as of the Effective Date, the parties mutually agree as follows: 
 ARTICLE I. 

DEFINITIONS; RULES OF CONSTRUCTION 
 SECTION 1.01. Definitions. The following terms, as used herein, have the following meanings: 
 “Affiliate” of any specified Person means any other Person directly or indirectly controlling, controlled by or under direct or indirect common control with such specified Person. For the
purposes of this definition, “control” when used with respect to any Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by
contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing. No Person shall be deemed to be an Affiliate of another Person solely by virtue of the fact that both
Persons own shares of the Company’s Capital Stock. 
 “Board” means the Board of Directors of the Company.

 “Business Day” means each Monday, Tuesday, Wednesday, Thursday and Friday that is not a day on which banking
institutions in the City of New York are authorized or obligated by law or executive order to close. 
 “Capital
Stock” means, with respect to any Person any and all shares, interests, participations, rights in or other equivalents (however designated) of such Person’s capital stock, and any rights, warrants or options exercisable or exchangeable
for or convertible into such capital stock. 
 “Catterton” has the meaning set forth in the preamble.

  
 1 

 “Commission” means the Securities and Exchange Commission. 

“Common Stock” means the Common Stock, par value $0.0001 per share, of the Company. 

“Company” has the meaning set forth in the preamble. 

“Consent of Holders of Registrable Securities” means a consent, the form of which is attached hereto as Exhibit A.

 “Demand Holder” has the meaning set forth in Section 3.02(a). 

“Demand Registration” has the meaning set forth in Section 3.02(a). 

“Demand Registration Notice” has the meaning set forth in Section 3.02(a). 

“Effective Date” means the date of consummation of the initial public offering of the Company’s Common Stock.

 “Effectiveness Period” has the meaning set forth in Section 3.02(a). 

“Exchange Act” means the Securities Exchange Act of 1934. 

“HH” has the meaning set forth in the preamble. 

“Holder” and “Holders” have the meanings set forth in the preamble. 

“Included Securities” has the meaning set forth in Section 3.01(a). 

“Locked-up Person” has the meaning set forth in Section 3.05(c). 

“Lock-up Period” has the meaning set forth in Section 3.05(a). 

“Lock-up Securities” has the meaning set forth in Section 3.05(c). 

“Major Holder” means any Person that, together with its Affiliates, owns five (5) percent or more of the
outstanding shares of Common Stock of the Company. 
 “Person” means an individual, a corporation, a general or
limited partnership, a limited liability company, a joint stock company, an association, a trust or any other entity or organization, including a government, a political subdivision or an agency or instrumentality thereof. 

“Piggyback Registration” has the meaning set forth in Section 3.01(b). 

“Pro Rata Amount” has the meaning set forth in Section 3.05(c). 

“Public Offering” means an underwritten public offering and sale of equity securities of the Company pursuant to an
effective registration statement under the Securities 

  
 2 

 
Act; provided, that a Public Offering shall not include (x) the initial public offering of the Company’s Common Stock or (y) an offering made in connection with (a) a business
acquisition or combination pursuant to a registration statement on Form S-4 or any similar form or (b) an employee benefit plan pursuant to a registration statement on Form S-8 or any similar form. 

“Registrable Securities” shall mean any of (i) the shares of Common Stock owned by any Holder at the time of
determination and (ii) any other Capital Stock issued or issuable with respect to such shares of Common Stock by way of a stock split, stock dividend, reclassification, subdivision or reorganization, recapitalization or similar event. As to any
particular Registrable Securities of a Holder, such securities shall cease to be Registrable Securities when (a) a registration statement with respect to the offering of such securities by the Holder shall have been declared effective under the
Securities Act and such securities shall have been disposed of by such Holder pursuant to such registration statement, (b) such securities have been sold to the public pursuant to Rule 144 (or any similar provision then in force) promulgated
under the Securities Act, (c) all of such Holder’s shares of Common Stock may be sold to the public pursuant to Rule 144 (or any similar provision then in force) without any volume, manner of sale or similar restrictions (provided,
however, that shares of Common Stock held by Major Holders that would be Registrable Securities but for this clause (c) shall continue to be Registrable Securities for purposes of Piggyback Registrations until such shares of Common Stock
cease to be Registrable Securities by some other clause of this definition), (d) such securities shall have been otherwise transferred and new certificates for such securities not bearing a legend restricting further transfer shall have been
delivered by the Company or its transfer agent and any subsequent disposition of such securities shall not require registration or qualification under the Securities Act or any similar state law then in force or (e) such securities shall have
ceased to be outstanding. 
 “Registration” means a Piggyback Registration or Demand Registration. 

“Sale Opportunity” has the meaning set forth in Section 3.05(c). 

“Sale Notice” has the meaning set forth in Section 3.05(c). 

“Securities Act” means the Securities Act of 1933. 

“Tower Three” has the meaning set forth in the preamble. 

SECTION 1.02. Rules of Construction. Any provision of this Agreement that refers to the words “include,”
“includes” or “including” shall be deemed to be followed by the words “without limitation.” References to “dollars” or “$” shall mean dollars in lawful currency of the United States of
America. References to numbered or letter articles, sections and subsections refer to articles, sections and subsections, respectively, of this Agreement unless expressly stated otherwise. All references to this Agreement include, whether or not
expressly referenced, the exhibits and schedules attached hereto. References to a Section, paragraph, Exhibit or Schedule shall be to a Section or paragraph of, or Exhibit or Schedule to, this Agreement unless otherwise indicated. The words
“hereof,” “herein” and “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement. The word
“or” when used in this Agreement is not exclusive. Any agreement, 

  
 3 

 
instrument, law or statute defined or referred to herein or in any agreement or instrument that is referred to herein means such agreement, instrument, or statute as from time to time amended,
modified or supplemented, including (in the case of agreements or instruments) by waiver or consent and (in the case of statutes) by succession of comparable successor statutes and references to all attachments thereto and instruments incorporated
therein. References to a Person are also to its permitted successors and assigns. In the event that any claim is made by any Person relating to any conflict, omission or ambiguity in this Agreement, no presumption or burden of proof or persuasion
shall be implied by virtue of the fact that this Agreement was prepared by or at the request of a particular Person or its counsel. 
 ARTICLE II. 
 REPRESENTATIONS AND WARRANTIES 

Each of the parties hereby represents and warrants, severally and not jointly, to each of the other parties as follows, as of the
Effective Date: 
 SECTION 2.01. Authority; Enforceability. Such party (a) has the legal capacity or organizational
power and authority to execute, deliver and perform its obligations under this Agreement and (b) (in the case of parties that are not natural Persons) is duly organized and validly existing and in good standing under the laws of its
jurisdiction of organization. This Agreement has been duly executed and delivered by such party and constitutes a legal, valid and binding obligation of such party, enforceable against it in accordance with the terms of this Agreement, subject to
applicable bankruptcy, insolvency, reorganization, moratorium and other laws affecting the rights of creditors generally and to the exercise of judicial discretion in accordance with general principles of equity (whether applied by a court of law or
of equity). 
 SECTION 2.02. Consent. No consent, waiver, approval, authorization, exemption, registration, license or
declaration is required to be made or obtained by such party, other than those that have been made or obtained on or prior to the Effective Date, in connection with (a) the execution or delivery of this Agreement or (b) the consummation of
any of the transactions contemplated hereby. 
 ARTICLE III. 

REGISTRATION RIGHTS 
 SECTION 3.01. Company Registration. 
 (a) Demand Registrations

 (i) At any time from and after the Effective Date, upon the written demand of HH, Catterton or Tower Three (each, a
“Demand Holder”), the Company shall use its commercially reasonable efforts to effect as expeditiously as possible, the registration (a “Demand Registration”) under the Securities Act of (i) all Registrable
Securities held by such Demand Holder that are requested to be registered in the initial written demand and (ii) any additional Registrable Securities requested to be registered by any Holders who elect to include Registrable Securities in such
Demand Registration in a written notice or notices given within 

  
 4 

 
ten (10) days after the date the Demand Registration Notice (as defined below) is given by the Company (together with the Registrable Securities described in clause (i), the
“Included Securities”). Promptly (but in no event later than five Business Days) after the receipt by the Company of any written demand pursuant to clause (i) of the immediately preceding sentence, the Company will give written
notice of such demand to all Holders of Registrable Securities (the “Demand Registration Notice”). The Company shall effect the registration under the Securities Act of the Included Securities as expeditiously as possible and use
its commercially reasonable efforts to have such registration become and remain effective. The Company shall have the right to select the underwriters for a Demand Registration that is to be an underwritten offering, subject to the reasonable
approval of Catterton and Tower Three. 
 (ii) Notwithstanding Section 3.01(a)(i), the Company shall not be required to
effect more than three Demand Registrations from each of Catterton and Tower Three (including through a demand by HH) (or more than six Demand Registrations from the Demand Holders in the aggregate); provided, that the Demand Holders shall be
entitled to unlimited additional Demand Registrations if such additional Demand Registrations would be eligible for registration on Form S-3; provided, further, that the Company shall not be required to effect more than two such Demand
Registrations on Form S-3 in any twelve month period. 
 (iii) Any registration initiated pursuant to Section 3.01(a)(i)
shall not count as a Demand Registration (i) unless and until a registration statement with respect to all Registrable Securities to be sold in connection therewith shall have become effective and remained effective for a period of 120 days or,
if a shorter time, until all of the Included Securities shall have been sold, (ii) if after it has become effective such registration is interfered with by any stop order, injunction or other order or requirement of the SEC or any other
governmental authority for any reason not attributable to the Holders of Included Securities, such that no sales are possible thereunder for a period of ten consecutive days or more, (iii) if the conditions to closing specified in the
underwriting agreement, if any, entered into in connection with such registration are not satisfied or waived, other than by reason of a failure on the part of the Holders of Included Securities or (iv) if, due to the provisions of
Section 3.01(a)(iv), the Demand Holder demanding such Demand Registration is prohibited from registering 30% or more of its Registrable Securities requested to be registered in the initial written demand. 

(iv) If a Demand Registration is an underwritten offering and the managing underwriters advise the Company in writing that in their good
faith judgment the number of securities to be included in a Demand Registration exceeds the number that can be sold in the offering in light of marketing factors or because the sale of a greater number would adversely affect the price of the
Registrable Securities to be sold in such Demand Registration, then the total number of securities the underwriters advise can be included in such Demand Registration shall be allocated (i) first, to the Holders of the Included Securities, pro
rata; (ii) second, to the Company for any securities that the Company proposes to issue and sell for its own account; and (iii) third, to other persons that the Company is obligated to register pursuant to other contractual arrangements,
pro rata. 

  
 5 

 (b) Piggyback Registration Rights. 

(i) Whenever the Company proposes to complete a Public Offering (other than in connection with a Demand Registration) and the
registration form to be used may be used for the registration of Registrable Securities (a “Piggyback Registration”), the Company shall give prompt written notice to all Holders of Registrable Securities of its intention to effect
such a registration and, subject to the terms of subsections (ii) below, shall include in such registration all Registrable Securities with respect to which the Company has received written requests for inclusion therein within ten
(10) days after the receipt of the Company’s notice. 
 (ii) If a Piggyback Registration is an underwritten offering
and the managing underwriters advise the Company in writing that in their opinion the number of securities requested to be included in such registration exceeds the number which can be sold in an orderly manner in such offering within a price range
acceptable to the Company, the Company shall include in such registration (i) first, the securities the Company proposes to sell, (ii) second, the Registrable Securities requested to be included in such registration, pro rata among the
Holders of such Registrable Securities on the basis of the number of shares owned by each such Holder, and (iii) third, other securities requested to be included in such registration pursuant to contractual arrangements with the Company.

 (c) Other Sales Restrictions. Notwithstanding anything to the contrary herein, including any provisions regarding pro
rata inclusion of Registrable Securities in any Registration, if any Holder has agreed to lock-ups or other restrictions on sale of any such Holder’s Registrable Securities with the Company, another Holder or any other Person, including
pursuant to Section 3.05(c) hereof, such other agreements or restrictions shall govern the sale of such Holders Registrable Securities. 
 SECTION 3.02. Registration Procedures. It shall be a condition precedent to the obligations of the Company to take any action pursuant to this Article III that the Holders requesting
inclusion in any Registration shall furnish to the Company such information regarding them, the Registrable Securities held by them, the intended method of disposition of such Registrable Securities, and such agreements regarding indemnification,
disposition of such securities and other matters referred to in and consistent with this Article III, as the Company shall reasonably request and as shall be required in connection with the action to be taken by the Company. With respect to
any Registration which includes Registrable Securities held by a Holder, the Company will: 
 (a) As promptly as possible (in
the case of a Demand Registration, no more than 45 days after the Company’s receipt of a Demand Registration Notice that is for a Registration on a form other than Form S-3 (or any successor form) and no more than 30 days after the
Company’s receipt of a Demand Registration Notice that is for a registration on Form S-3 (or any successor form)), prepare and file with the Commission a registration statement on the appropriate form prescribed by the Commission for such
intended method of disposition and use its commercially reasonable efforts to cause such registration statement to be or become effective as soon as practicable thereafter; provided, that before filing a registration statement or prospectus
or any amendments or supplements thereto, the Company shall furnish to counsel representing any Demand Holder selling Registrable Securities in connection with such Registration copies of all documents proposed to be filed, which documents shall be
subject to the review and reasonable comments of such counsel and which shall not be filed without the 

  
 6 

 
consent of such Demand Holder; provided, further, that the Company shall not be obligated to maintain such Registration effective for a period longer than the earlier of
(x) 120 days after such Registration becomes effective and (y) the disposition of all Registrable Securities included in such Registration (the “Effectiveness Period”); 

(b) Prepare and file with the Commission such amendments and post–effective amendments to such registration statement and any
documents required to be incorporated by reference therein as may be necessary to keep the registration statement effective for a period of not less than the Effectiveness Period (but not prior to the expiration of the time period referred to in
Section 4(3) of the Securities Act and Rule 174 thereunder, if applicable); cause the prospectus to be supplemented by any required prospectus supplement, and as so supplemented to be filed pursuant to Rule 424 under the Securities Act and
comply with the Securities Act in a timely manner; and comply with the provisions of the Securities Act applicable to it with respect to the disposition of all Registrable Securities covered by such registration statement during the applicable
period in accordance with the intended method or methods of disposition by the sellers thereof set forth in such registration statement or supplement to the prospectus; 
 (c) Promptly incorporate in a prospectus supplement or post–effective amendment such information as the underwriter(s) or the Demand Holders selling shares in such Registration reasonably request to
be included therein relating to the plan of distribution with respect to such Registrable Securities; and make all required filings of such prospectus supplements or post–effective amendments as soon as practical after being notified of the
matters to be incorporated in such supplement or amendment; 
 (d) Furnish to such Holder, without charge, such number of
conformed copies of the registration statement and any post–effective amendment thereto, as such Holder may reasonably request, and such number of copies of the prospectus (including each preliminary prospectus) and any amendments or
supplements thereto, and any documents incorporated by reference therein, as the Holder or underwriter or underwriters, if any, may request in order to facilitate the disposition of the securities being sold by the Holder (it being understood that
the Company consents to the use of the prospectus and any amendment or supplement thereto by the Holder covered by the registration statement and the underwriter or underwriters, if any, in connection with the offering and sale of the securities
covered by the prospectus or any amendments or supplements thereto); 
 (e) Notify such Holder at any time when a prospectus
relating thereto is required to be delivered under the Securities Act, when the Company becomes aware of the happening of any event as a result of which the prospectus included in such registration statement (as then in effect) contains any untrue
statement of material fact or omits to state a material fact necessary to make the statements therein (in the case of the prospectus or any preliminary prospectus, in the light of the circumstances under which they were made) not misleading and, as
promptly as practicable thereafter, prepare and file with the Commission and furnish a supplement or amendment to such prospectus so that, as thereafter delivered to the investors of such securities, such prospectus will not contain any untrue
statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; 

  
 7 

 (f) Provide a CUSIP number for all Registrable Securities no later than the effective date
of the Registration and provide the applicable transfer agent and registrar for all such Registrable Securities with printed certificates representing the Registrable Securities that are in a form eligible for deposit with The Depository Trust
Company not later than the effective date of the registration statement; 
 (g) Use its commercially reasonable efforts to cause
all securities included in such registration statement to be listed, by the date of the first sale of securities pursuant to such registration statement, on any national securities exchange, quotation system or other market on which the Common Stock
is then listed; 
 (h) Make generally available to its security holders an earnings statement, which need not be audited,
satisfying the provisions of Section 11(a) of the Securities Act as soon as reasonably practicable after the end of the 12–month period beginning with the first month of the Company’s first fiscal quarter commencing after the
effective date of the registration statement, which statement shall cover said 12–month period; 
 (i) After the filing of
a registration statement, (i) notify each Holder holding Registrable Securities covered by such registration statement of any stop order issued or, to the Company’s knowledge, threatened by the Commission and of the receipt by the Company
of any notification with respect to the suspension of the qualification of any Registrable Securities for sale under the applicable securities or blue sky laws of any jurisdiction, (ii) take all reasonable actions to obtain the withdrawal of
any order suspending the effectiveness of the registration statement or the qualification of any Registrable Securities at the earliest possible moment, and (iii) make available for inspection by any seller of Registrable Securities, any
underwriter participating in any disposition pursuant to such registration statement, and any attorney, accountant, or other agent retained by any such seller or underwriter, all financial and other records, pertinent corporate and business
documents and properties of the Company as shall be necessary to enable them to exercise their due diligence responsibility, and cause the Company’s officers, directors, employees, agents, representatives, and independent accountants to supply
all such information reasonably requested by any such seller, underwriter, attorney, accountant, or agent in connection with such registration statement; 
 (j) In connection with the preparation and filing of each Registration, give each Demand Holder selling Registrable Securities in such Registration, the underwriter(s) and their respective counsel,
accountants and other representatives and agents the opportunity to participate in the preparation of each registration statement, each prospectus included therein or filed with the Commission, and each amendment thereof or supplement thereto and
comparable statements under the securities or blue sky laws of any jurisdiction and give each of the foregoing Persons access to the books and records, pertinent corporate and business documents and properties of the Company and its subsidiaries and
such opportunities to discuss the business and affairs of the Company and its subsidiaries with the respective directors, officers, employees, agents, representatives and the independent public accountants who have certified the Company’s
consolidated financial statements, and supply all other information requested by and respond to all other inquiries from such Demand Holders, underwriter(s), counsel, accountants and other representatives and agents as shall be necessary or
appropriate, in the opinion of such holders or underwriter(s), to conduct a reasonable investigation within the meaning of the 

  
 8 

 
Securities Act, and the Company shall not file any registration statement or amendment thereto or any prospectus or supplement thereto to which such Demand Holders or such underwriter(s) shall
object; 
 (k) Cause its employees to participate in customary “road shows” and other presentations as reasonably
requested by the underwriters in connection with such Registration; 
 (l) Deliver promptly to counsel representing any Demand
Holder selling Registrable Securities under such Registration and each underwriter, if any, participating in the offering of the Registrable Securities, copies of all correspondence between the Commission and the Company, its counsel or auditors,
and all memoranda relating to discussions with the Commission or its staff with respect to such Registration; and 
 (m) On or
prior to the date on which the registration statement is declared or otherwise becomes effective, use commercially reasonable efforts to (i) register or qualify, and cooperate with such underwriter or underwriters, if any, and their counsel in
connection with the registration or qualification of, the securities covered by the registration statement for offer and sale under the securities or blue sky laws of each state and other jurisdiction of the United States as the managing underwriter
or underwriters, if any, requests in writing, to use commercially reasonable efforts to keep each such registration or qualification effective, including through new filings, or amendments or renewals, during the Effectiveness Period and do any and
all other acts or things necessary or advisable to enable the disposition in all such jurisdictions of the Registrable Securities covered by the applicable registration statement; provided, that the Company will not be required to qualify
generally to do business in any jurisdiction where it is not then so qualified or to take any action which would subject it to general service of process in any such jurisdiction where it is not then so subject, (ii) obtain a cold comfort
letter from the Company’s independent public accountants in customary form and covering matters of the type customarily covered by cold comfort letters, which letter shall be addressed to the underwriters, and the Company shall use commercially
reasonable efforts to cause such cold comfort letter to also be addressed to any Demand Holder selling Registrable Securities in such Registration, (iii) obtain an opinion from the Company’s outside counsel in customary form and covering
matters of the type customarily covered by such opinions, which opinion shall be addressed to the underwriters and any Demand Holder selling Registrable Securities in such Registration, and (iv) enter into and perform its obligations under such
customary agreements (including underwriting agreements in customary form) and take all such other actions as the Demand Holders reasonably request in order to expedite or facilitate the disposition of such Registrable Securities (including
effecting a stock split, combination of shares, recapitalization, or reorganization). 
 The Holders, upon receipt of any notice
from the Company of the happening of any event of the kind described in subsection (e) of this Section 3.02, will forthwith discontinue disposition of the Registrable Securities until the Holders’ receipt of the copies of the
supplemented or amended prospectus contemplated by subsection (e) of this Section 3.02 or until it is advised in writing by the Company that the use of the prospectus may be resumed, and has received copies of any additional or
supplemental filings which are incorporated by reference in the prospectus, and, if so directed by the Company, each Holder will, or will request the managing underwriter or underwriters, if any, to, deliver, to the Company (at the Company’s
sole expense) all copies, other than permanent file copies then in such Holder’s possession, of the prospectus covering such securities current at the time of receipt of such notice. 

  
 9 

 No Holder of Registrable Securities included in a Registration shall be required to make any
representations or warranties to or agreements with the Company, other than representations and warranties regarding such Holder, such Holder’s ownership of and title to the Registrable Securities to be sold in such offering, and its intended
method of distribution and any liability of any such Holder under such underwriting agreement shall be limited to liability arising from breach of such Holder’s representations and warranties therein and shall be limited to an amount equal to
the net amount received by such Holder from the sale of Registrable Securities pursuant to such registration statement. 

SECTION 3.03. Registration Expenses. 
 (a) In the case of any Registration, the Company shall bear all expenses incident to the Company’s performance of or compliance with Section 3.01 of this Agreement, including all
Commission and stock exchange or Financial Industry Regulatory Authority registration and filing fees and expenses, fees and expenses of compliance with securities or blue sky laws (including reasonable fees and disbursements of counsel in
connection with blue sky qualifications of the Registrable Securities), rating agency fees, printing expenses, messenger, telephone and delivery expenses, fees and disbursements of counsel for the Company and all independent certified public
accountants and any fees and disbursements of underwriters customarily paid by issuers or sellers of securities (but not including any underwriting discounts or commissions, or transfer taxes, if any, attributable to the sale of Registrable
Securities by a selling Holder or fees and expenses of more than three counsel representing the Holders selling Registrable Securities under such Registration as set forth in Section 3.03(b) below). 

(b) In connection with each Registration initiated hereunder (whether a Demand Registration or a Piggyback Registration), the Company
shall reimburse the Holders covered by such Registration for the reasonable fees and disbursements of one counsel chosen by Catterton, one counsel chosen by Tower Three and one counsel chosen by the holders of a majority of the Registrable
Securities held by Holders other than HH, Catterton and Tower Three. 
 SECTION 3.04. Indemnification. 

(a) Indemnification by the Company. The Company agrees to indemnify and hold harmless each Holder participating in an offering of
Registrable Securities, the underwriters selling such Holder’s Registrable Securities and their respective officers, directors, Affiliates and agents and each Person who controls (within the meaning of the Securities Act or the Exchange Act)
any of them, including any general partner or manager of any thereof, and each Person who controls the Company (within the meaning of the Securities Act or the Exchange Act) against all losses, claims, damages, liabilities and expenses (including
reasonable out-of-pocket fees and disbursements of counsel) arising out of or based upon any untrue or alleged untrue statement of a material fact contained in any registration statement, prospectus or preliminary prospectus, free writing
prospectus, or any amendment thereof or supplement thereto or in any document incorporated by reference therein or any omission or alleged omission to state therein a material 

  
 10 

 
fact required to be stated therein or necessary to make the statements therein (in the case of the prospectus or any preliminary prospectus, in the light of the circumstances under which they
were made) not misleading, except insofar as the same are made in reliance on and in conformity with any information with respect to such Holder or Person furnished in writing to the Company by such Holder or Person expressly for use therein. The
Company further agrees to indemnify and hold harmless each Person who controls the Company (within the meaning of the Securities Act or the Exchange Act) against all losses, claims, damages, liabilities and expenses (including reasonable
out-of-pocket counsel fees and disbursements) arising out of or based upon any untrue or alleged untrue statement of a material fact contained in any document, report or information filed with the Commission under the Exchange Act or any omission or
alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, except insofar as the same are made in reliance on and in conformity with any information with respect to
such Person furnished in writing to the Company by such Person expressly for use therein. Notwithstanding any other provision of this Agreement, the Company shall advance all expenses incurred by or on behalf of an indemnified party pursuant to this
Section 3.04(a) within thirty (30) days after the receipt by the Company of a statement or statements from the indemnified party requesting such advance or advances from time to time, whether prior to or after final disposition of
such proceeding. Such statement or statements shall reasonably evidence the expenses incurred by the indemnified party. 
 (b)
Indemnification by the Holders. To the extent permitted by law, each Holder selling shares in a Registration agrees to indemnify and hold harmless the Company, its directors, officers and agents and each Person who controls (within the
meaning of the Securities Act or the Exchange Act) the Company, against any losses, claims, damages, liabilities and expenses arising out of or based upon any untrue statement of a material fact or any omission to state a material fact required to
be stated therein or necessary to make the statements in the registration statement, prospectus or preliminary prospectus (in the case of the prospectus or preliminary prospectus, in light of the circumstances under which they were made) not
misleading, to the extent, but only to the extent, that such untrue statement or omission is made in reliance on and in conformity with the information or affidavit with respect to such Holder so furnished in writing by such Holder expressly for use
in the registration statement or prospectus; provided, that the obligation to indemnify shall be several, not joint and several, among such Holders and the liability of each such Holder shall be in proportion to and limited to the net proceeds
received by such Holder from the sale of Registrable Securities pursuant to such registration statement in accordance with the terms of this Agreement. The indemnity agreement contained in this Section 3.04(b) shall not apply to amounts
paid in settlement of any such loss, claim, damage, liability, action or proceeding if such settlement is effected without the consent of such Holder. The Company and the Holders of the Registrable Securities hereby acknowledge and agree that,
unless otherwise expressly agreed to in writing by such Holders, the only information furnished or to be furnished to the Company for use in any registration statement or prospectus relating to the Registrable Securities or in any amendment,
supplement or preliminary materials associated therewith are statements specifically relating to (i) the beneficial ownership of shares of Common Stock by such Holder and its Affiliates, (ii) the name and address of such Holder and
(iii) any additional information about such Holder or the plan of distribution (other than for an underwritten offering) required by law or regulation to be disclosed in any such document. 

  
 11 

 (c) Conduct of Indemnification Proceedings. Any Person entitled to indemnification
hereunder will (i) give prompt written notice to the indemnifying party of any claim with respect to which it seeks indemnification and (ii) unless in such indemnified party’s reasonable judgment a conflict of interest may exist
between such indemnified and indemnifying parties with respect to such claim, permit such indemnifying party to assume the defense of such claim with counsel reasonably satisfactory to the indemnified party. The failure to so notify the indemnifying
party shall not relieve the indemnifying party from any liability hereunder with respect to the action, except to the extent that such indemnifying party is materially prejudiced by the failure to give such notice; provided, that any such
failure shall not relieve the indemnifying party from any other liability which it may have to any other party or to such indemnified party other than pursuant to this Section 3.04. No indemnifying party in the defense of any such claim
or litigation, shall, except with the consent of such indemnified party, which consent shall not be unreasonably withheld, consent to entry of any judgment or enter into any settlement which does not include as an unconditional term thereof the
giving by the claimant or plaintiff to such indemnified party of a release from all liability in respect of such claim or litigation. An indemnifying party who is not entitled to, or elects not to, assume the defense of a claim will not be obligated
to pay the fees and expenses of more than one counsel for all parties indemnified by such indemnifying party with respect to such claim, unless in the reasonable judgment of any indemnified party there may be one or more legal or equitable defenses
available to such indemnified party which are in addition to or may conflict with those available to any other of such indemnified parties with respect to such claim, in which event the indemnifying party shall be obligated to pay the reasonable
fees and expenses of such additional counsel or counsels. 
 (d) Contribution. If for any reason the indemnification
provided for in the preceding paragraphs (a) and (b) of this Section 3.04 is unavailable to an indemnified party as contemplated by the preceding paragraphs (a) and (b) of this Section 3.04 or is
insufficient to hold such indemnified party harmless, then the indemnifying party shall contribute to the amount paid or payable by the indemnified party as a result of such loss, claim, damage or liability (i) in such proportion as is
appropriate to reflect the relative benefits received by the indemnified party and the indemnifying party or (ii) if the allocation provided by the preceding clause (i) is not permitted by applicable law, in such proportion as is
appropriate to reflect not only the relative benefits referred to in the preceding clause (i) but also the relative fault of the indemnified party and the indemnifying party, as well as any other relevant equitable considerations. The relative
fault of the Company on the one hand and of the sellers of Registrable Securities and any other sellers participating in the registration statement on the other hand shall be determined by reference to, among other things, whether the alleged untrue
statement of material fact or alleged omission to state a material fact relates to information supplied by the Company or by the sellers of Registrable Securities or other sellers participating in the registration statement and the parties’
relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. In no event shall the liability of any such Holder be greater in amount than the amount of net proceeds received by such Holder upon
such sale or the amount for which such indemnifying party would have been obligated to pay by way of indemnification if the indemnification provided in paragraph (b) of this Section 3.04 had been available. 

  
 12 

 SECTION 3.05. Lock-Up Agreements. 

(a) Whenever the Company proposes to register any of its equity securities under the Securities Act in a Public Offering or is required
to use its commercially reasonable to effect the registration of any Registrable Securities under the Securities Act pursuant to Section 3.01, each Holder of Registrable Securities agrees by acquisition of such Registrable Securities not
to effect any sale or distribution, including any sale pursuant to Rule 144 under the Securities Act, or to request registration under Section 3.01 of any Registrable Securities for the time period reasonably requested by the managing
underwriter for the underwritten offering; provided, that in no event shall such period exceed 180 days in the case of the Company’s initial public offering or 90 days in the case of any subsequent Public Offering, plus, in each case,
any customary “booster shot” reasonably requested by the managing underwriter (the “Lock-up Period”) after the effective date of the registration statement relating to such Registration, except (i) as part of such
Registration or (ii) in the case of a private sale or distribution, unless the transferee agrees in writing to be subject to this Section 3.05. If requested by such managing underwriter, each Holder of Registrable Securities agrees
to execute a lock-up agreement, in customary form, consistent with the terms of this Section 3.05(a); provided, that the form of the lock-up shall be substantially identical as to each similarly situated Holder; provided,
further, that if any Holder of Registrable Securities is released from such lock-up agreement, all other Holders of Registrable Securities shall be similarly released on a pro rata basis. Notwithstanding the foregoing, no Holder shall be
subject to a Lock-up Period in excess of 180 days (plus any customary “booster shot”) in any calendar year due to the registration of any Registrable Securities pursuant to Section 3.01. 

(b) The Company agrees not to effect any sale or distribution of any of its equity securities or securities convertible into or
exchangeable or exercisable for any such equity securities within the Lock-up Period (except as part of such underwritten Registration or pursuant to registrations on Form S–8, S–4 or any successor forms thereto), except that such
restriction shall not prohibit any such sale or distribution after the effective date of the registration statement (i) pursuant to any stock option, warrant, stock purchase plan or agreement or other benefit plans approved by the Board to
officers, directors or employees of the Company or its subsidiaries; (ii) pursuant to Section 4(2) of the Securities Act; or (iii) as consideration to any third party seller in connection with the bona fide acquisition by the Company
or any subsidiary of the Company of the assets or securities of any Person in any transaction approved by the Board, provided that in each such case the transferee agrees in writing with the Company to be subject to restrictions comparable to those
set forth in Section 3.05(a). In addition, upon the request of the managing underwriter, the Company shall use commercially reasonable efforts to cause each holder of its equity securities or any securities convertible into or
exchangeable or exercisable for any of such securities whether outstanding on the date of this Agreement or issued at any time after the date of this Agreement (other than any such securities acquired in a public offering), to agree not to effect
any such public sale or distribution of such securities during such period, except as part of any such registration if permitted, and to cause each such holder to enter into a similar agreement to such effect with the such managing underwriter.

 (c) Subject to (i) any sales in the Company’s initial public offering of equity securities, as set forth in the
Company’s prospectus filed with the Commission and dated October 22, 2012 and (ii) any sales contemplated by Section 3.05(e), each of Gary Friedman, 

  
 13 

 
Carlos Alberini, the Carlos E. Alberini Family 2012 Trust, Ken Dunaj, Eri Chaya, Danielle Hansmeyer, DeMonty Price, Karen Boone, Matt Salmonson, Bonnie Orofino, Frances Hamman and Mike MacKay
(each a “Locked-Up Person”) agrees, severally and not jointly, with the Company that, until the earlier of (x) the date on which Catterton and Tower Three collectively own less than one half of the shares of Common Stock
collectively beneficially owned by Catterton and Tower Three, including through HH, immediately following the Company’s initial public offering of equity securities (as adjusted to give effect to any recapitalization, stock split, reverse stock
split, stock dividend or other similar adjustment to the outstanding shares of Capital Stock) and (y) the date that is two years after the Company’s initial public offering of equity securities, the Locked Up Person will not, without the
prior written consent of the Company, directly or indirectly, (i) offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant for the sale of, or
lend or otherwise dispose of or transfer any shares of the Company’s Common Stock or any securities convertible into or exchangeable or exercisable for or repayable with Common Stock, whether now owned or hereafter acquired by the Locked Up
Person or with respect to which the Locked Up Person has or hereafter acquires the power of disposition (collectively, the “Lock-Up Securities”), or exercise any right with respect to the registration of any of the Lock-Up
Securities, or file or request or demand or cause to be filed any registration statement in connection therewith, under the Securities Act of 1933, as amended, or (ii) enter into any swap or any other agreement or any transaction that
transfers, in whole or in part, directly or indirectly, the economic consequence of ownership of the Lock-Up Securities, whether any such swap or transaction is to be settled by delivery of Common Stock or other securities, in cash or otherwise,
except as set forth in the following sentence. Each Locked-Up Person may sell a number of shares of Common Stock equal to the number of shares of Common Stock that are vested and not subject to Selling Restrictions (as defined in the Company’s
2012 Equity Replacement Plan, 2012 Stock Option Plan or 2012 Equity Incentive Plan) held by such Locked-Up Person multiplied by a fraction, the numerator of which is the number of shares of Common Stock sold by HH, Catterton and Tower Three and the
denominator of which is the total number of shares of Common Stock owned by HH, Catterton and Tower Three immediately prior to such sale (the “Pro Rata Amount”). Any sales of the Pro Rata Amount of a Locked-Up Person must be made at
the same time and in the same manner as the sale by HH, Catterton and/or Tower Three. No Locked-Up Person has any obligation to sell his or her Pro Rata Amount at any time. The Lock-Up Securities shall not include shares of Common Stock sold in the
Company’s initial public offering. Any waivers of or consents to sell outside of the parameters of this Section 3.05(c) must be approved by the Board of Directors of the Company. In the event that HH, Catterton or Tower Three
propose to sell any shares of Common Stock (a “Sale Opportunity”), such party shall provide notice to the Company of such potential Sale Opportunity. Sale Opportunities shall not include transfers from HH, Catterton or Tower Three
to affiliates of any such party, but shall apply to any subsequent sales by such affiliates to non-affiliates. Promptly, but in no event more than five Business Days after receipt by the Company of a notice referred to in the prior sentence, the
Company will give written notice to each of the Locked-Up Persons (the “Sale Notice”), including the proposed amount and manner of sale. A Demand Registration Notice shall constitute a Sale Notice for purposes hereof. To the extent
that the proposed Sale Opportunity by HH, Catterton or Tower Three is completed, then any Locked-Up Person that has elected to include Lock-Up Securities in such sale in a written notice or notices given to the Company within ten (10) days
after the date of the Sale Notice may sell up to his or her Pro Rata 

  
 14 

 
Amount based on the actual amount sold by HH, Catterton and Tower Three in such Sale Opportunity. No amendment to this Section 3.05(c) that is adverse to the interests of the persons
subject thereto shall be made without the written consent of the Locked-Up Persons holding a majority in interest of all Registrable Securities held by all Locked-Up Persons. 
 (d) Notwithstanding Section 3.05(c), and subject to the conditions below, each Locked-Up Person may transfer the Lock-Up Securities without the prior written consent of the Company, provided
that (1) the Company receives a signed lock-up agreement for the balance of the lock-up period from each beneficiary, donee, trustee, distributee, or transferee, as the case may be and (2) any such transfer shall not involve a disposition
for value: 
 (i) as a bona fide gift or gifts; 
 (ii) by will or intestacy or to any trust for the direct or indirect benefit of the Locked Up Person or the immediate family of the Locked-Up Person (for purposes of this lock-up agreement,
“immediate family” shall mean any relationship by blood, marriage or adoption, not more remote than first cousin); or 
 (iii) as a distribution by a trust to its beneficiaries. 
 (e) Notwithstanding
anything herein to the contrary, Gary Friedman shall have a first priority right over the Holders to sell up to the following amount of vested shares of Common Stock that are not subject to Selling Restrictions (as defined in the Company’s 2012
Equity Replacement Plan, 2012 Stock Option Plan or 2012 Equity Incentive Plan) (the “Priority Sale Amount”): ten percent (10%) of the aggregate number of shares sold in the first Public Offering by the Company after the
Company’s initial public offering (the “First Follow On Offering”), but in no event more than $15 million worth of shares of Common Stock in such offering, based on the public offering price of shares of Common Stock in such
Public Offering. If the Pro Rata Amount of Mr. Friedman in the First Follow On Offering would be more than the Priority Sale Amount, then he will have priority over the Holders for the sale of the Priority Sale Amount, and any remaining portion
of his Pro Rata Amount may be sold if there is availability in the offering, subject to pro rata cutback with the Holders. If there is not enough capacity in the Company’s First Follow On Offering for the Priority Sale Amount due to sales by
the Company or otherwise, then Mr. Friedman may sell the unsold portion of his Priority Sale Amount in the Company’s next Public Offering on the same basis as set forth above. If there is capacity in the First Follow On Offering but
Mr. Friedman elects not to sell all or a portion of the Priority Sale Amount, the Priority Sale Amount shall not be applicable in any future Public Offering by the Company. In the event that the First Follow On Offering occurs prior to the date
on which the lockup between Mr. Friedman and the underwriters in connection with the Company’s initial public offering (the “IPO Lockup”) expires, HH agrees not to sell any shares in such First Follow On Offering unless
Mr. Friedman is also released from such IPO Lockup to an extent that would permit him to sell shares in such First Follow On Offering as specified in this Agreement (provided that in no event shall HH be prevented from selling shares in such
First Follow On Offering if Mr. Friedman does not sell shares in such First Follow On Offering for any reason other than a failure to be released from the IPO Lockup or breach of this Agreement). No amendment to this Section 3.05(e)
shall be made without Mr. Friedman’s written consent. 

  
 15 

 SECTION 3.06. Participation in Registrations. No Holder may participate in any
Registration hereunder which is underwritten unless such Holder (a) agrees to sell its securities on the basis provided in any underwriting arrangements approved by the Company and the Demand Holders selling Registrable Securities in such
Registration (provided, that such underwriting arrangements shall not limit any Holder’s rights under this Agreement), and (b) completes and executes all questionnaires, powers of attorney, underwriting agreements and other
documents customarily and reasonably required under the terms of such underwriting arrangements. 
 SECTION 3.07. Rule
144. The Company shall file any reports required to be filed by it under the Securities Act and the Exchange Act and the rules and regulations adopted by the Commission thereunder, and it will take such further action as any Holder may
reasonably request to enable such Holder to sell Registrable Securities without registration under the Securities Act as permitted by (i) Rule 144 under the Securities Act, or (ii) any similar rules or regulations hereafter adopted by the
Commission. Upon the request of a Holder of Registrable Securities, the Company, at its own expense, will deliver to such Holder: (x) a written statement as to whether it has complied with the requirements that would make the exemption provided
by such rule available to such Holder; (y) a copy of the most recent annual or quarterly report of the Company; and (z) such other reports and documents as such Holder may reasonably request in order to avail itself of any rule or
regulation of the Commission allowing it to sell Registrable Securities without registration. 
 ARTICLE IV. 

MISCELLANEOUS 
 SECTION 4.01. Notices. Except as otherwise specified herein, all notices and other communications required or permitted hereunder shall be in writing and shall be mailed by registered or certified
mail, return receipt requested, postage prepaid or otherwise delivered by hand, messenger, facsimile transmission or electronic mail and shall be given to such party at its address or facsimile number set forth on the signature pages hereof or such
other address or facsimile number as such party may hereafter specify in writing in accordance with this Section 4.01; provided, that: 
 (a) unless otherwise specified by HH in a notice delivered by HH in accordance with this Section 4.01, any notice required to be delivered to HH shall be properly delivered if delivered to:

 Home Holdings, LLC 
 c/o Catterton Management Company, LLC 
 599 West Putnam Avenue 

Greenwich, CT 06830 
 Fax: (203) 629-4903 
 Attention: Marc Magliacano 

  
 16 

 And c/o Tower Three Partners LLC 

2 Sound View Drive 
 Greenwich, CT 06830 
 Fax: (203) 485-5885 

Attention: William B. Forrest 
 with a copy (which shall not constitute notice) to: 
 Gibson,
Dunn & Crutcher LLP 
 555 Mission Street 

San Francisco, CA 94109 
 Fax: (415) 393-8306 
 Attention: Stewart McDowell 

and 
 Weil, Gotshal & Manges LLP 
 767 Fifth Avenue 

New York, New York 10153 
 Fax: (212) 310-8007 
 Attention: Douglas Warner 

(b) unless otherwise specified by the Company in a notice delivered by the Company in accordance with this Section 4.01, any
notice required to be delivered to the Company shall be properly delivered if delivered to: 
 Restoration
Hardware Holdings, Inc. 
 15 Koch Road, Suite J 

Corte Madera, CA 94925 
 Fax: (415) 927-7264 
 Attention: Chief Financial Officer

 with a copy (which shall not constitute notice) to: 

Morrison & Foerster LLP 
 425 Market Street 
 San Francisco, CA 94105 

Fax: (415) 276-7113 
 Attention: Gavin Grover 
 (c) Unless otherwise specified by such Holder in a
notice delivered by the Company in accordance with this Section 4.01, any notice required to be delivered to a Holder shall be properly delivered if delivered to the address of such Holder as set forth on the signature page of this
Agreement or the applicable Consent of Holders of Registrable Securities, as applicable. 
 SECTION 4.02. Binding Effect;
Benefits. This Agreement shall be binding upon and inure to the benefit of the parties to this Agreement (including for the avoidance of doubt, the 

  
 17 

 
Persons listed on Schedule A hereto) and their respective successors and permitted assigns. Except as set forth in Section 3.04, nothing in this Agreement, express or implied, is
intended or shall be construed to give any Person other than the parties to this Agreement or their respective successors or permitted assigns any legal or equitable right, remedy or claim under or in respect of any agreement or any provision
contained herein. 
 SECTION 4.03. Amendment. In addition to the restrictions concerning amendment of this Agreement
provided in Sections 3.05(c) and 3.05(e) herein, this Agreement may not be amended, restated, modified or supplemented in any respect and the observance of any term of this Agreement may not be waived except by a written instrument executed by the
Company, HH, Catterton and Tower Three; provided further, that no amendment, modification or waiver that adversely affects those Holders listed on Schedule A hereto in comparison to other Holders of Registrable Securities shall be affected without
the prior written consent of the Holders listed on Schedule A holding a majority in interest of all Registrable Securities held by such Holders listed on Schedule A. 
 SECTION 4.04. Assignability. Neither this Agreement nor any right, remedy, obligation or liability arising hereunder or by reason hereof shall be assignable by either the Company or any Holder
except as otherwise expressly stated hereunder; provided that a Holder may assign all of its rights, remedies, obligations and liabilities arising under this Agreement in connection with a direct or indirect transfer or sale of such Holder’s
Common Stock other than in a Public Offering, so long as the assignee agrees to be bound by, and the assignor is not then in breach of, the terms of this Agreement or any other agreement between such person and the Company. 

SECTION 4.05. Governing Law; Submission to Jurisdiction. This Agreement shall be governed by and construed in accordance with the
internal laws of the State of Delaware, without giving effect to its principles of conflict of laws. The parties hereto irrevocably submit, in any legal action or proceeding relating to this Agreement, to the jurisdiction of the courts of the United
States located in the State of Delaware or in any Delaware state court located in New York county and consent that any such action or proceeding may be brought in such courts and waive any objection that they may now or hereafter have to the venue
of such action or proceeding in any such court or that such action or proceeding was brought in an inconvenient forum. 

SECTION 4.06. Enforcement. The Holders agree that irreparable damage (for which monetary damages, even if available, would not be
an adequate remedy) would occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms on a timely basis or were otherwise breached. It is accordingly agreed that the Holders shall be
entitled to an injunction, specific performance and other equitable relief to prevent breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement in any court identified in Section 4.05 above without
the need to post bond, this being in addition to any other remedy to which they are entitled at law or in equity. 
 SECTION
4.07. Severability. If any provision of this Agreement shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 

  
 18 

 SECTION 4.08. Additional Securities Subject to Agreement. All shares of Capital Stock
of the Company that any Holder hereafter acquires by means of a stock split, stock dividend, distribution, exercise of options or warrants or otherwise (other than pursuant to a public offering) whether by merger, consolidation or otherwise
(including shares of a surviving corporation into which the shares of Capital Stock of the Company are exchanged in such transaction) will be subject to the provisions of this Agreement to the same extent as if held on the date of the this
Agreement. 
 SECTION 4.09. Section and Other Headings. The section and other headings contained in this Agreement are
for reference purposes only and shall not affect the meaning or interpretation of this Agreement. 
 SECTION 4.10.
Counterparts. This Agreement may be executed in any number of counterparts, each of which may be executed by less than all of the parties hereto, each of which shall be enforceable against the parties actually executing such counterparts, and
all of which together shall constitute one instrument. 
 SECTION 4.11. Waiver of Jury Trial. Each party to this
Agreement hereby irrevocably and unconditionally waives to the fullest extent permitted by applicable law all right to trial by jury in any action, proceeding or counterclaim (whether based on contract, tort or otherwise) arising out of or relating
to the actions of the parties hereto pursuant to this Agreement or in the negotiation, administration, performance or enforcement of this Agreement. 
 SECTION 4.12. Entire Agreement. This Agreement supersedes all prior agreements, whether written or oral, between the parties with respect to its subject matter (including this Agreement) and
constitutes (along with the exhibits and other documents delivered pursuant to this Agreement) a complete and exclusive statement of the terms of the agreement between the parties with respect to its subject matter. 

[SIGNATURE PAGES FOLLOW] 

  
 19 

 IN WITNESS WHEREOF, the Company and each Holder have executed this Agreement as of the day
and year first above written. 
  

					
	RESTORATION HARDWARE HOLDINGS, INC.
		
	By:	 	 /s/ Carlos Alberini

		 	Name:	 	Carlos Alberini
		 	Title:	 	Chief Executive Officer
	
	HOME HOLDINGS, LLC
		
	By:	 	 /s/ Marc Magliacano

		 	Name:	 	Marc Magliacano
		 	Title:	 	Member, Board of Managers
	
	CP HOME HOLDINGS
		
	By:	 	 /s/ Marc Magliacano

		 	Name:	 	Marc Magliacano
		 	Title:	 	Vice President
	
	Address:
	
	CP Home Holdings
	c/o Catterton Management Company, LLC
	599 West Putnam Avenue
	Greenwich, CT 06830
	Fax: (203) 629-4903
	Attention: Marc Magliacano
	
	With a copy (which shall not constitute notice) to:
	
	Gibson, Dunn & Crutcher LLP
	555 Mission Street
	San Francisco, CA 94109
	Fax: (415) 393-8306
	Attention: Stewart McDowell

 Signature Page 

 
							
	TOWER THREE HOME LLC
		
	By:	 	 /s/ William D. Forrest

		 	Name:	 	William D. Forrest
		 	Title:	 	Managing Member
	
	Address:
	
	Tower Three Home LLC
	2 Sound View Drive
	Greenwich, CT 06830
	Fax: (203) 485-5885
	Attention: William Forrest
	
	With a copy (which shall not constitute notice) to:
	
	Weil, Gotshal & Manges LLP
	767 Fifth Avenue
	New York, New York 10153
	Fax: (212) 310-8007
	Attention: Douglas Warner
	
	GLENHILL CAPITAL OVERSEAS MASTER FUND, LP
	
	By: GLENHILL CAPITAL OVERSEAS GP, LTD., its General Partner
	
	By: GLENHILL CAPITAL MANAGEMENT, LLC, its Sole Shareholder
	
	By: GLENHILL ADVISORS, LLC, its Managing Member
		
	By:	 	 /s/ Glenn J. Krevlin

		 	Name:	 	Glenn J. Krevlin
		 	Title:	 	General Partner

  
 21 

 
							
	GLENHILL CAPITAL LP
	
	By: GLENHILL CAPITAL MANAGEMENT, LLC, its General Partner
	
	By: GLENHILL ADVISORS, LLC, its Managing Member
		
	By:	 	 /s/ Glenn J. Krevlin

		 	Name:	 	Glenn J. Krevlin
		 	Title:	 	General Partner
	
	GLENN J. KREVLIN, TRUSTEE OF THE GLENN J. KREVLIN REVOCABLE TRUST
		
	By:	 	 /s/ Glenn J. Krevlin

		 	Name:	 		 	Glenn J. Krevlin
	
	KREVLIN 2005 GIFT TRUST
		
	By:	 	 /s/ Glenn J. Krevlin

		 	Name:	 		 	Glenn J. Krevlin
		 	Title:	 		 	Trustee
	
	Address:
	
	c/o Glenn Krevlin
	600 Fifth Avenue, 11th Floor
	New York, NY 10020
	
	With a copy (which shall not constitute notice) to:
	
	Ellenoff Grossman & Schole LLP
	150 East 42nd Street
	New York, New York 10017
	Fax: (212) 370-7889
	Attention: Joshua Englard

  
 22 

 SCHEDULE A 
 Gary Friedman 
 Carlos Alberini 
 Carlos E. Alberini Family 2012 Trust 
 Ken Dunaj 

Eri Chaya 
 Danielle Hansmeyer 

DeMonty Price 
 Karen Boone 

Matt Salmonson 
 Bonnie Orofino 

Frances Hamman 
 Mike MacKay 

Schedule A 

 EXHIBIT A 
 CONSENT OF HOLDERS OF REGISTRABLE SECURITIES 
 I,
                     have read and hereby agree to be party to and bound by the terms and provisions of the Registration Rights Agreement, dated as
of             , 2012 (the “Registration Rights Agreement”), among Restoration Hardware Holdings, Inc. and the stockholders party thereto in respect of shares of common
stock of Restoration Hardware Holdings, Inc. that I beneficially own. 
 I acknowledge that if I have agreed with the Company,
another Holder or any other Person, to lock-ups or other restrictions on sale of my Registrable Securities, then such other agreements or restrictions shall govern the sale of my Registrable Securities, and may reduce my rights to participate in a
particular Registration under the Registration Rights Agreement. 
 IN WITNESS WHEREOF, the undersigned has executed this
Consent of Holders of Registrable Securities this      day of             , 20    . 

 

			
	  

	Name:	 	
		
	Address:	 	  

		 	  

 Exhibit AEX-10.8

 Exhibit 10.8 
 AMENDED AND RESTATED EMPLOYMENT AGREEMENT 
 This Amended and Restated
Employment Agreement (the “Agreement”) is entered into as of November 1, 2012, effective as of the Effective Date (as defined below), by and between Restoration Hardware, Inc., a Delaware corporation, with a business address of
15 Koch Road, Suite J, Corte Madera, CA 94925 (the “Company”), and Carlos Alberini, an individual with a residence address of [            ] (the
“Executive”). 
 INTRODUCTION 
 1. The Company and the Executive have entered into that certain Employment Agreement dated as of May 12, 2010 (the “Prior Agreement”), pursuant to which the Company employed the
Executive as its Co-Chief Executive Officer pursuant to the terms and conditions set forth therein. 
 2. In connection
herewith, (a) Restoration Hardware Holdings, Inc., a Delaware corporation (“Holdings”), will acquire all of the issued and outstanding shares of stock of the Company from Home Holdings, LLC, a Delaware limited liability company
(“Home Holdings”), and all of the outstanding units in Home Holdings owned by Executive will be converted to common stock in Holdings, and (b) Holdings will consummate an initial offering of its capital stock to the public
under a registration statement filed with the Securities and Exchange Commission (the “IPO”). For purposes of this Agreement, “RHH Group” means Holdings, the Company and their subsidiaries. 

3. In connection with such reorganization and IPO, the Executive and the Company desire to amend and restate the terms and conditions
under which the Executive is employed by the Company, as set forth herein, effective upon and subject to the completion of the pricing of the IPO (the “Effective Date”). 

AGREEMENT 

In consideration of the premises and mutual promises herein below set forth, the parties hereby agree as follows: 

 

	 	1.	Employment. 

 (a)
Title; Duties; Board Membership. The Executive shall serve as Chief Executive Officer of the Company, and the Executive hereby accepts such employment. The Executive shall report to the Company’s and Holding’s Chairman of the Board.
The Executive shall serve as a member of the Company’s Board of Directors (the “Board”) and of Holdings’ Board of Directors and as Chief Executive Officer of Holdings while the Executive serves as Chief Executive Officer
of the Company. The Executive agrees to perform his duties for the Company diligently, competently, and in a good faith manner. 

(b) Exclusive Employment. While the Executive is employed by the Company, the Executive shall devote his full business time to his
duties and responsibilities set forth above, and may not, without the prior written consent of the Board or its designee, operate, participate in the management, board of directors, operations or control of, or act as an

  
 1 

 
employee, officer, consultant, agent or representative of, any type of business or service (other than as an employee of the Company); provided, however, that the Executive may
(i) engage in civic and charitable activities to the extent they do not materially interfere with the Executive’s performance of his duties hereunder, (ii) make and maintain outside personal investments, and (iii) serve on the
board of directors of other companies subject to the prior written consent of the Board or its designee, which consent shall not be unreasonably withheld, provided that none of the foregoing activities and service materially interfere with the
Executive’s performance of his duties hereunder. 
 (c) Place of Employment. The Executive’s primary workplace
shall be the Company’s offices in Corte Madera, California, except for usual and customary travel on the Company’s business. 
  

	 	2.	Compensation. 

 (a)
Base Salary. The Executive shall be entitled to receive a base salary from the Company at the rate of One Million One Hundred Thousand Dollars ($1,100,000.00) per year. The Executive’s base salary shall be reviewed annually on or about
the same time that the compensation arrangements (including the Annual Bonus for the immediately prior year) for the Company’s management team are determined by the Compensation Committee of the Board (the “Committee”), which
shall consider appropriate factors, including, without limitation, the Executive’s performance and the Company’s financial condition. 
 (b) Bonus. The Executive will be eligible to earn annual cash bonus compensation (the “Annual Bonus”) for each fiscal year based on the level of achievement of performance goals
established by the Board or the Committee following consultation with the Executive. If, and only if, the minimum performance threshold required in order to earn a bonus is attained, then the bonus payable to the Executive will be between 85% and
125% of the Executive’s then effective base salary (increasing on a straight line basis between 85% and 125%) depending on the actual level of achievement of the goals as confirmed by the Board or the Committee. The performance goals
established as provided above shall be based upon financial performance metrics for the Company and shall be set for each fiscal year at approximately the same time that the Company’s annual budget for such fiscal year is established, but in no
event later than April 30th of such fiscal year.
Payment of the Annual Bonus for any fiscal year generally shall be made thirty (30) days following the date on which the audited financial results for such fiscal year and the amount of the bonus for such fiscal year are determined, but in no
case later than the 15th day of the third month following
the end of the applicable fiscal year. 
 (c) Equity Incentive Compensation. Executive has previously been granted equity
interests in Home Holdings that are vested or subject to continued vesting in accordance with the vesting schedule set forth in the Award Agreement (the “Award Agreement”) attached hereto as Schedule A-1 (the
“Time-Based Units”) and equity interests in Home Holdings that vest on the satisfaction of performance-based criteria (the “Performance-Based Units”) as set forth in the Award Agreement (the Time-Based Units and
Performance-based Units are together referred to herein as the “Home Holdings Equity Interests”). On or before the date of the initial public offering (the “IPO”) of shares of Holdings, the Home Holdings Equity
Interests will be 

  
 2 

 
redeemed in exchange for shares of Holdings that are subject to repurchase rights and transfer restrictions substantially as set forth in the form of Replacement Award Agreement (the
“Replacement Award Agreement”) attached as Schedule A-2 (the “Selling Restricted Shares”) and shares of Holdings that vest on the satisfaction of performance-based criteria (the “Performance-Based
Shares” and, together with Selling Restricted Shares, the “Resto Equity Interests”) pursuant to the terms and conditions of the Restoration Hardware 2012 Equity Replacement Plan (the “Replacement Plan”) and
the Replacement Award Agreement, in substantially the form set forth on Schedule A-2 attached hereto. 
 (d) Stock
Option Grants. On or before the date of the IPO, provided that he remains employed by the Company as Chief Executive Officer, and contingent upon the subsequent consummation of the IPO, Holdings shall grant to Executive options to purchase
shares of stock pursuant to the terms and conditions of the Restoration Hardware 2012 Stock Option Plan and the form of award agreement thereunder, substantially on the basis attached hereto as Schedule B (the options subject to
performance—based transfer restrictions and repurchase rights, the “IPO Performance-Based Options”, and, together with the Home Holdings Equity Interests or the Resto Equity Interests, as the case may be, the “Equity
Interests”). 
  

	 	3.	Other Benefits; Indemnification. 

 (a) Benefits. The Executive (and his spouse and dependents) shall be covered by health and other employee benefits (including but not limited to health, medical, dental, supplemental health, travel
accident, life, long-term disability, and directors and officers insurance) on a basis commensurate with the Executive’s position in the Company. The Executive shall be bound by all of the written policies and procedures established by the
Company from time to time. 
 (b) Vacation. The Executive shall be entitled to an annual vacation of four (4) weeks
per calendar year, pro rated for any partial year during the Executive’s employment with the Company. During any vacation period, the Executive will continue to receive his salary, compensation, and benefits, without interruption. 

(c) Reimbursement of Expenses. The Company shall promptly reimburse the Executive for all reasonable out of pocket travel,
entertainment, and other expenses incurred or paid by the Executive in connection with, or related to, the performance of his responsibilities or services under this Agreement upon the submission of appropriate documentation pursuant to the
Company’s policies in effect from time to time. 
 (d) Automobile Allowance. The Executive shall be entitled to
receive an automobile allowance of not less than the amount of the car allowance being provided as of the date hereof pursuant to the Prior Agreement. 
 (e) Reimbursement of Legal Fees. The Company shall reimburse the Executive for reasonable legal fees and expenses incurred in connection with the negotiation and preparation of this Agreement and
the related agreements and documents. 

  
 3 

 (f) Indemnification. Each of the Company and Holdings shall enter into an
indemnification agreement with the Executive in the standard form provided to each of the Company’s and Holdings’ other directors (the “Indemnification Agreement”). 

(g) Other Agreements. The Executive shall become a party to Registration Rights Agreement among Holdings and its stockholders.

  

	 	4.	Conversion of Class A-1 and Class A-2 Units. 

 In connection with the Prior Agreement, Home Holdings issued and the Executive purchased 888,889 Class A-1 Units and 888,889 Class A-2 Units of Home Holdings pursuant to that certain Restricted
Unit Purchase Agreement dated as of May 12, 2010. Effective on or before the date of the IPO, and contingent upon the subsequent consummation of the IPO, such Class A-1 Units and Class A-2 Units shall be redeemed in exchange for
shares of Holdings pursuant to an Exchange Agreement substantially in the form of Schedule C (the “Exchange Agreement”). 
  

	 	5.	Termination. 

 (a)
At-Will Termination by the Company. The employment of the Executive shall be “at-will” at all times. Subject to Section 5(h), the Company may terminate the Executive’s employment with the Company at any time without any
advance notice (and the Executive may terminate his employment with the Company at any time upon providing thirty (30) days prior notice), in each case, for any reason or no reason at all, notwithstanding anything to the contrary contained in
or arising from any statements, policies or practices of the Company relating to the employment, discipline or termination of its employees. Upon and after such termination, all obligations of the Company under this Agreement shall cease, except as
otherwise provided below in this Section 5. 
 (b) Termination by the Company with Cause. Upon written notice to the
Executive, the Company may terminate the Executive’s employment for Cause (as defined below). In the event that the Executive’s employment is terminated for Cause, (A) the Executive shall receive from the Company payments for
(i) any and all earned and unpaid portion of his then effective base salary through the Date of Termination (to be paid on or before the first regular payroll date following the Date of Termination); (ii) any and all accrued and unpaid
vacation through the Date of Termination (to be paid on or before the first regular payroll date following the Date of Termination); (iii) any and all unreimbursed business expenses incurred prior to the Date of Termination (in accordance with
the Company’s reimbursement policy); and (iv) any other benefits the Executive is entitled to receive as of the Date of Termination under the employee benefit plans of the Company, less standard withholdings for tax and social security
purposes (items (i) through (iv) are hereafter referred to as “Accrued Benefits”), and (B) except as required by law, after the Date of Termination, the Company shall have no obligation to make any other payment,
including severance or other compensation of any kind, on account of the Executive’s termination of employment or to make any payment in lieu of notice to the Executive. Except as required by law, all benefits provided by the Company to the
Executive under this Agreement (including for any further vesting for any Equity Interests) or otherwise shall cease as of the Date of Termination. With respect to the Executive’s Equity Interests, in the

  
 4 

 
event of termination for Cause, the Resto Equity Interests, and the IPO Performance-Based Options (whether or not vested) on the Date of Termination shall terminate, expire and be forfeited for
no value or be subject to repurchase in accordance with the terms thereof. Except as required by law, all benefits provided by the Company to the Executive under this Agreement or otherwise shall cease as of the Date of Termination. 

(c) Termination by the Company Without Cause. The Company may, at any time and without prior written notice, terminate the
Executive without Cause. In the event that the Executive’s employment with the Company is terminated without Cause, the Executive shall receive the Accrued Benefits. In addition, the Executive shall be entitled to receive from the Company the
following: (i) severance payments totaling Three Million Dollars ($3,000,000), less standard withholdings for tax and social security purposes, paid according to the Company’s regular payroll schedule over the twenty-four (24) months
following the Date of Termination (the “Post-Termination Period”), (ii) any earned and unpaid Annual Bonus for the year prior to the year of termination to be paid in the same time and the same form as the Annual Bonus
otherwise would be paid (but in no event later than 75 days after the end of the Company’s fiscal year to which such bonus relates), (iii) a pro-rata amount of the Annual Bonus that the Executive would have been eligible to receive had he
remained employed by the Company for the remainder of the year in which the Executive’s termination occurs (determined by multiplying the amount the Executive would have received based upon the actual level of achievement of the applicable
performance goals had employment continued through the end of the performance year by a fraction, the numerator of which is the number of days during the performance year of termination that the Executive is employed by the Company and the
denominator of which is 365), such pro-rata amount to be paid in the same time and the same form as the Annual Bonus otherwise would be paid (but in no event later than 75 days after the end of the Company’s fiscal year to which such bonus
relates), (iv) subject to the Executive’s timely election under COBRA, continuation of health insurance benefits for twenty four (24) months following the Date of Termination, which benefits shall be paid for by the Company to the
same extent that the Company paid for health insurance for the Executive prior to termination, (v) the Executive’s Performance-Based Shares, Selling Restricted Shares with selling restrictions that lapse based upon stock price performance
and the IPO Performance-Based Options shall remain outstanding, and continue to vest or have the selling restrictions lapse subject to satisfaction of their terms, for a period of twenty four (24) months following the Date of Termination (after
which time such Performance-Based Shares, to the extent unvested, shall expire and be cancelled for no consideration and such Selling Restricted Shares and IPO Performance-Based Options shall be subject to repurchase in accordance with the terms
thereof) and (vi) vesting of and the lapsing of the selling restrictions applicable to Executive’s Selling Restricted Shares that lapse solely based upon continued employment shall accelerate as to the number of Selling Restricted Shares
with respect to which the selling restrictions would have lapsed through the Date of Termination and for an additional thirty six (36) month period following the Date of Termination and any Selling Restricted Shares with respect to which
time-based selling restrictions have not lapsed shall be subject to repurchase in accordance with the terms thereof; provided, however, that the Company’s repurchase rights with respect to such unvested Selling Restricted Shares shall not be
exercisable until the third anniversary of the Date of Termination. Notwithstanding the foregoing, the Executive’s entitlement to the severance payments in this Section 5(c) is conditioned on (y) the Executive’s executing and
delivering to the Company of a release of claims against the Company, in a form attached hereto as Exhibit A, and on such release 

  
 5 

 
becoming effective within sixty (60) days following the Date of Termination (the “Release Deadline”), and (z) the Executive’s compliance with the restrictive
covenants set forth in Sections 6 and 8(a), (b), (d) and (e) and the Proprietary Information Agreements (as defined below), provided, however, that the Executive shall be given notice of any alleged breach and an opportunity to cure within
thirty (30) days of the Executive’s receipt of such notice (without regard to timing requirements related to compliance of such covenants). If Executive’s Date of Termination occurs at a time during the calendar year where the Release
Deadline could occur in the calendar year following the calendar year in which such Date of Termination occurs, then any severance payments or benefits under this Agreement that would be considered “deferred compensation” under
Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) and all regulations, guidance, and other interpretative authority issued thereunder (collectively, “Section 409A”) will be paid on the
first payroll date to occur during the calendar year following the calendar year in which such Date of Termination occurs, or such later time as required by the date the Release becomes effective, or Section 23 below; provided that the first
payment shall include all amounts that would have been paid to the Executive if payment had commenced on the Date of Termination. The Executive agrees that the Company shall have a right of offset against all severance payments for amounts owed to
the Company by the Executive (unless the amounts owed are subject to a good faith dispute) to the fullest extent not prohibited by law. Except as specifically provided in this Section 5(c) or in another section of this Agreement, or except as
required by law, all benefits provided by the Company to the Executive under this Agreement or otherwise shall cease as of the Date of Termination. 
 (d) Termination by the Executive for Good Reason. The Executive may voluntarily terminate his employment with the Company and receive the severance payments, bonus payments, and other benefits
detailed in Section 5(c) (subject to the same conditions set forth in Section 5(c)) following the occurrence of an event constituting Good Reason (as defined below) that has not been cured by the Company within the timeframe specified in
the definition of Good Reason. 
 (e) Voluntary Termination. If the Executive terminates employment with the Company
without Good Reason, the Executive agrees to provide the Company with thirty (30) days’ prior written notice. In the event that the Executive’s employment is terminated under this Section 5(e), the Executive shall receive from
the Company payment for all Accrued Benefits described in Section 5(b) above at the times specified in Section 5(b) above. Except as required by law, after the Date of Termination, the Company shall have no obligation to make any other
payment, including severance or other compensation, of any kind, or provide any other benefits (including for any further vesting for any Equity Interests), to the Executive on account of the Executive’s termination of employment. 

(f) Termination Upon Death or Disability. If the Executive’s employment is terminated as a result of death or Disability, the
Executive (or the Executive’s estate, or other designated beneficiary(s) as shown in the records of the Company in the case of death) shall be entitled to receive from the Company payment for (i) the Accrued Benefits described in
Section 5(b) above at the times specified in Section 5(b) above, (ii) any earned and unpaid Annual Bonus for the year prior to the year of termination to be paid in the same time and the same form as the Annual Bonus otherwise would
be paid (but in no event later than 75 days after the end of the Company’s fiscal year to which such bonus relates) and (iii) a pro-rata amount of 

  
 6 

 
the Annual Bonus that the Executive would have been eligible to receive had he remained employed by the Company for the remainder of the year in which the Executive’s termination occurs
(determined by multiplying the amount the Executive would have received based upon the actual level of achievement of the applicable performance goals had employment continued through the end of the performance year by a fraction, the numerator of
which is the number of days during the performance year of termination that the Executive is employed by the Company and the denominator of which is 365), such pro-rata amount to be paid in the same time and the same form as the Annual Bonus
otherwise would be paid (but in no event later than 75 days after the end of the Company’s fiscal year to which such bonus relates). Except as required by law, after the Date of Termination, the Company shall have no obligation to make any
other payment, including severance or other compensation, of any kind, or provide any other benefits (including for any further vesting for any Equity Interests), to the Executive (or the Executive’s estate, or other designated beneficiary(s),
as applicable) upon a termination of employment by death or Disability. 
 (g) Certain Definitions. For purposes of this
Agreement, the following terms shall have the meanings set forth below. 
 (i) “Cause” shall mean 

(A) the Executive has been convicted of (or has entered a plea of nolo contendere to) a felony involving fraud,
dishonesty, or physical harm to any person or any crime involving moral turpitude; 
 (B) the Executive
intentionally failed to substantially perform the Executive’s material duties (other than a failure resulting from the Executive’s incapacity due to physical or mental illness or from the Executive’s assignment of duties that would
constitute Good Reason), which failure lasted for a period of at least fifteen (15) days after a written notice of demand for substantial performance has been delivered to the Executive specifying the manner in which the Executive has failed
substantially to perform; 
 (C) the Executive intentionally engaged in conduct which is demonstrably and
materially injurious to the Company; 
 (D) the Executive’s fraud, embezzlement or other act of material
dishonesty with respect to the Company as determined by a court of competent jurisdiction or by arbitration pursuant to the Arbitration Agreement attached as Exhibit D hereto; 

(E) the Executive’s material breach of Sections 6(a), 8(a) or 8(b) or any other material term of this Agreement;
provided that the Executive shall be given written notice of any such alleged breach and an opportunity to cure such breach within sixty (60) days after the Executive’s receipt of such notice; or 

(F) the Executive’s material breach of any policy of the Company applicable to its employees; provided that the
Executive shall be given written notice of any such alleged breach and an opportunity to cure such breach within sixty (60) days after the Executive’s receipt of such notice. 

  
 7 

 For purposes of this Section 5(g)(i), no act, nor failure to act, on the
Executive’s part shall be considered “intentional” unless the Executive has acted, or failed to act, with a lack of reasonable belief that the Executive’s action or failure to act was in the best interest of Company. No
termination for Cause may occur pursuant to Section 5(g)(i)(B), (C) or (F) unless a written notice setting forth the conduct allegedly constituting “Cause” and specifying the particulars thereof in reasonable detail has been
delivered to the Executive, and the Executive has been provided an opportunity to be heard in person by the Board (with the assistance of the Executive’s counsel). 
 (ii) “Date of Termination” shall mean (i) if the Executive is terminated by the Company for Disability, thirty (30) days after written notice of termination is given to the
Executive (provided that the Executive shall not have returned to the performance of his duties on a full-time basis during such 30-day period); (ii) if the Executive’s employment is terminated by the Company for any other reason, the date
on which a written notice of termination is given; (iii) if the Executive terminates employment for Good Reason, the date of the Executive’s resignation; provided that the notice and cure provisions in the definition of Good Reason have
been complied with; (iv) if the Executive terminates employment for other than a Good Reason, the date specified in the Executive’s notice in compliance with Section 5(e); or (v) in the event of the Executive’s death, the
date of death. 
 (iii) “Disability” shall (i) have the meaning defined under the Company’s
then-current long-term disability insurance plan, policy, program or contract as entitles the Executive to payment of disability benefits thereunder, or (ii) if there shall be no such plan, policy, program or contract, mean permanent and total
disability as defined in Section 22(e)(3) of the Code. 
 (iv) “Good Reason” shall mean the occurrence of
any of the events or conditions described in subsections (A) through (E) hereof that occur without the Executive’s consent, and within ninety (90) days following the end of the Notice Period (as defined below) the Executive
terminates his employment with the Company: 
 (A) the relocation by the Company of the Executive’s primary
workplace to a location outside of the San Francisco Bay Area; 
 (B) a reduction in the Executive’s Base
Salary or Annual Bonus opportunity, except if the base salary or annual bonus opportunities of the other executives of the Company are proportionately reduced (and not replaced with another form of compensation the purpose of which is to compensate
such executives for the reduction of base salary or annual bonus opportunity), whether or not such reduction is voluntary on the part of the other executives of the Company; 

(C) a material and adverse diminution in the Executive’s authority, duties or responsibilities including an adverse
change in the Executive’s reporting relationship, except where the Executive agrees in writing to such change in; 

  
 8 

 
provided that (for avoidance of doubt) a change in the Executive’s duties in connection with the termination of this Agreement for Disability, Cause, as a result of the
Executive’s death, or by the Executive other than for Good Reason shall not constitute Good Reason; 
 (D)
removal of the Executive, or failure to cause the reappointment or nomination of the Executive, as the Chief Executive Officer of the Company or as a member of the Board or of Holdings’ Board of Directors; 

(E) any material breach by the Company or any of its successors and assigns of this Agreement; and 

(F) the failure of the Company’s successors and assigns to assume the obligations of the Company under this
Agreement, either by written agreement or by operation of law. 
 The Executive’s right to terminate his employment in
connection with an event of Good Reason shall not be affected by the Executive’s incapacity due to physical or mental illness. The Executive must provide notice to the Company of the existence of a condition described in clauses
(A) through (F) above within ninety (90) days of his knowledge of the initial existence of the condition, upon the notice of which the Company shall have a period of thirty (30) days during which it may remedy the condition so
that it shall not constitute a “Good Reason.” If more than one change or event shall occur which alone or in the aggregate constitutes Good Reason, then for purposes hereof, Good Reason shall be deemed to have occurred on the last such
change or event to occur. 
 (h) Notice of Termination. Any termination of the Executive’s employment by the Company
or by the Executive under this Section 5 (other than in the case of death) shall be communicated by a written notice (the “Notice of Termination”) to the other party hereto, indicating the specific termination provision in this
Agreement relied upon, and specifying a Date of Termination which notice shall be delivered within the time periods set forth in the various subsections of this Section 5, as applicable (the “Notice Period”); provided, however,
that the Company may pay to the Executive all base salary, benefits and other rights due to the Executive during the Notice Period instead of employing the Executive during such Notice Period. For purposes of this Agreement, no such purported
termination shall be effective without such Notice of Termination. 
  

	 	6.	Non-Competition; General Provisions Applicable to Restrictive Covenants. 

 (a) Covenant not to Compete. For the duration of the Executive’s employment with the Company and throughout the duration of the Post-Termination Period, the Executive shall not, directly or
indirectly, engage or invest in, own, manage, operate, finance, control or participate in the ownership, management, operation, financing, or control of, be employed by, associated with, or in any manner connected with, lend any credit to, or render
services or advice to, any business, firm, corporation, partnership, association, joint venture or other entity that engages or conducts any competing business the same as or substantially similar to the business engaged in or proposed to be engaged
in or conducted by the RHH Group or 

  
 9 

 
described in a written strategic plan of the RHH Group at any time that the Executive was employed with the Company, anywhere within the United States of America; provided, however,
that the Executive may own up to 2% of the outstanding shares of any class of securities of any enterprise (but without otherwise participating in the activities of such enterprise) if such securities are listed on any national or regional
securities exchange or have been registered under Section 12(g) of the Securities Exchange Act of 1934, as amended, and up to 5% of the voting stock or other securities of any privately-held company. At any time after the termination of his
employment with the Company for any reason, the Executive will not engage in competition with the RHH Group while making use of the trade secrets of the RHH Group. 
 (b) Specific Performance. The Executive recognizes and agrees that a violation by him of his obligations under this Section 6, or under Section 8, or under the Proprietary Information
Agreements may cause irreparable harm to the RHH Group that would be difficult to quantify and that money damages may be inadequate. As such, the Executive agrees that the Company shall have the right to seek injunctive relief (in addition to, and
not in lieu of any other right or remedy that may be available to it) to prevent or restrain any such alleged violation without the necessity of posting a bond or other security and without the necessity of proving actual damages. However, the
foregoing shall not prevent the Executive from contesting the Company’s request for the issuance of any such injunction on the grounds that no violation or threatened violation of the aforementioned Sections has occurred and that the RHH Group
has not suffered irreparable harm. If an arbitrator or court of competent jurisdiction determines that the Executive has violated the obligations of any covenant for a particular duration, then the Executive agrees that such covenant will be
extended by that duration. 
 (c) Scope and Duration of Restrictions. The Executive expressly agrees that the character,
duration and geographical scope of the restrictions imposed under this Section 6 and Section 8, are reasonable in light of the circumstances as they exist at the date upon which this Agreement has been executed. However, should a
determination nonetheless be made by an arbitrator or a court of competent jurisdiction at a later date that the character, duration or geographical scope of any of the covenants contained herein is unreasonable in light of the circumstances as they
then exist, then it is the intention of both the Executive and the Company that such covenant shall be construed by an arbitrator or the court in such a manner as to impose only those restrictions on the conduct of the Executive which are reasonable
in light of the circumstances as they then exist and necessary to assure the Company of the intended benefit of such covenant. Except insofar as claims involving the prohibited disclosure, misuse or misappropriation of the RHH Group’s trade
secrets, return of the RHH Group’s property or assignment of inventions are involved, to the extent the Executive engages in any action(s) after termination of his employment in violation of the restrictions imposed under this
Section 6(a), the Company’s only right of action and remedy hereunder shall be to immediately terminate any and all severance payment that still may be due and owing hereunder as well as for any further vesting or lapse of sales
restrictions for any Equity Interests, stock options or other equity awards; the parties otherwise acknowledge that the Executive is not limited hereby from engaging in such action(s) after his employment termination except insofar as the prohibited
disclosure, misuse or misappropriation of trade secrets or breach of any other statutory or common law duties (including any fiduciary duties) may be involved. 

  
 10 

	 	7.	Proprietary and Confidential Information. 

 The Executive has signed and agrees to be bound by the terms of the Proprietary Information and Inventions Agreement, a copy of which is attached hereto as Exhibit B, and the Confirmation of
Confidential Information, a copy of which is attached hereto as Exhibit C (collectively, the “Proprietary Information Agreements”). 
  

	 	8.	Other Covenants. 

 (a)
Solicitation of Employees. During the Executive’s employment with the Company and for the duration of any Post-Termination Period thereafter, the Executive shall not, directly or indirectly, individually, or together with or through any
other person, firm, corporation or entity, (i) hire any member of senior management of the RHH Group (defined as an officer with a title of vice president or higher) who is then in the employ of the Company, (ii) solicit for hire any
employee of the RHH Group, provided, however, that general solicitations not targeted to Company employees shall not be deemed to violate this clause (ii), or (iii) cause any of the foregoing persons to terminate their employment relationship
with the Company. Provided that Executive has not violated clause (ii) or (iii) of this Agreement, Executive shall not be prevented from hiring a person referred to in clause (i) if that person has not been in the employ of the RHH
Group for at least one hundred and eighty (180) days prior to the date of such hiring. 
 (b) Solicitation of Customers
and Suppliers. During the Executive’s employment with the Company and for the duration of any Post-Termination Period, the Executive shall not, directly or indirectly, individually, or together through any other person, firm, corporation or
entity (i) use the Company’s Proprietary Information (as defined in the Proprietary Information and Inventions Agreement attached hereto as Exhibit B) to solicit the business of any material customers of or suppliers to the RHH
Group, or (ii) encourage any person or entity which is a customer of the RHH Group to cease, reduce, limit or otherwise alter in a manner adverse to the RHH Group its existing business or contractual relationship with the RHH Group. 

(c) Compliance with RHH Group Policies. The Executive agrees that, during Executive’s employment with the Company, he shall
comply with the employee manual and other policies and procedures applicable to the employees of the RHH Group established by the RHH Group from time to time, including but not limited to policies addressing matters such as management, supervision,
recruiting and diversity. 
 (d) Cooperation. The Executive shall, upon the Company’s reasonable request and in good
faith and with the Executive’s commercially reasonable efforts and subject to the Executive’s reasonable availability, (i) during the one year following termination of Executive’s employment, cooperate and assist the RHH Group
(a) in connection with any sale or public offering of the RHH Group or proposed sale or public offering of the RHH Group, (b) in connection with all material matters relating to the Executive’s employment with the Company, and
(c) in transitioning the Executive’s responsibilities to the Executive’s replacement; and (ii) for a period of two years following termination of the Executive’s employment under this Agreement, cooperate and assist the RHH
Group in any dispute, controversy, or litigation in 

  
 11 

 
which the Company may be involved and with respect to which the Executive obtained knowledge while employed by the Company or any of its affiliates, successors, or assigns, including, but not
limited to, participation in any court or arbitration proceedings, giving of testimony, signing of affidavits, or such other personal cooperation as counsel for the Company shall request, with the Company paying (a) the Executive’s
reasonable travel and incidental out-of-pocket expenses incurred in connection with any such cooperation, (b) the reasonable attorney’s fees and costs incurred in connection with a joint representation and (c) the reasonable fees and
costs of an attorney the Executive engages to advise him in connection with the foregoing, but only if there is a conflict of interest that would prevent the Company’s own outside or inside legal counsel from adequately representing the
Executive’s interests as well as the Company’s interests). 
 (e) Return of Business Records and Equipment.
Upon termination of the Executive’s employment hereunder, the Executive shall promptly return to the Company: (i) all documents, records, procedures, books, notebooks, and any other documentation in any form whatsoever, including but not
limited to written, audio, video or electronic, containing any information pertaining to the RHH Group which includes Proprietary Information, including any and all copies of such documentation then in the Executive’s possession or control
regardless of whether such documentation was prepared or compiled by the Executive, the RHH Group, other employees of the RHH Group, representatives, agents, or independent contractors, and (ii) all equipment or tangible personal property owned
by the RHH Group and entrusted to the Executive by the RHH Group. The Executive acknowledges that all such documentation, copies of such documentation, equipment, and tangible personal property are and shall at all times remain the sole and
exclusive property of the Company. 
 (f) Nondisparagement. 

(i) Executive and the Company mutually agree that, for the duration of this Agreement and at any time thereafter, in any communication
with the press or other media or any customer or client of or supplier to the Company or any of its affiliates, or any customer or client of or supplier to Executive or of any business with which Executive then is affiliated, Executive shall not,
and the Company shall not, and shall use commercially reasonable efforts to cause each of its officers and directors not to, criticize, ridicule, disparage, defame, slander or make any statement which reasonably could be concluded to be disparaging
or derogatory towards the other, including, in the case of the Company or any of its affiliates including Home Holdings, any of their officers or directors, and including, in Executive’s case, any business with which he then is affiliated and
any affiliate, officer or director of such business or its affiliates. Notwithstanding the foregoing, nothing in this Section 8(f) shall prevent (and none of the following shall be deemed a breach of this Section 8(f)(i)) any person from
(x) responding publicly to incorrect, disparaging or derogatory public statements to the extent reasonably necessary to correct or refute such public statement or (y) making any truthful statement to the extent (i) necessary with
respect to any litigation, arbitration or mediation involving this Agreement, including, but not limited to, the enforcement of this Agreement, (ii) required by law or by any court, arbitrator, mediator or administrative or legislative body
(including any committee thereof) with apparent jurisdiction over such person or (iii) permitted pursuant to Section 8(f)(ii). 

  
 12 

 (ii) Notwithstanding anything in this Agreement to the contrary, Executive, the Company,
Home Holdings and Holdings may (i) make any disclosures that they believe in good faith are required by or advisable under applicable law, rule or regulation, including under applicable securities laws (whether in connection with an IPO, any
other securities offering, ongoing disclosure obligations or otherwise); and (ii) consider the views and advice of third parties including auditors, underwriters and other parties with an interest in the scope of any disclosures to be made by
Executive, the Company, Home Holdings or Holdings and make such disclosures as Executive, the Company, Home Holdings or Holdings determines are necessary or advisable in respect thereof. 

 

	 	9.	Interaction with Other Benefit Policies. 

 The severance payments, severance benefits and severance protections provided to the Executive in this Agreement shall be in lieu of any other severance payments, severance benefits and severance
protections to which the Executive may be entitled under any severance or termination policy, plan, program, practice or arrangement of the Company and its affiliates. The Executive’s entitlement to any other compensation or benefits from the
Company shall be determined in accordance with the Company’s employee benefit plans and other applicable programs, policies and practices then in effect. Nothing in this Agreement shall alter the Executive’s status as an “at
will” employee of the Company. Notwithstanding the foregoing, nothing in this Agreement shall prevent or limit the Executive’s continuing or future participation in, or reduce the Executive’s rights under (i) any benefit, bonus,
incentive or other plan or program provided by the Company (except for any severance or termination policy, plan, program, practice, or arrangement) and for which the Executive may qualify, or (ii) any other agreement with the Company, Holdings
or Home Holdings. Amounts which are vested or accrued benefits or which the Executive is otherwise entitled to receive under any plan or program of the Company shall be payable in accordance with such plan or program, except as explicitly modified
by this Agreement. 
  

	 	10.	Forum Selection. 

 Subject
to compliance with dispute resolution procedure set forth in Section 25 below, the Company and the Executive mutually agree that any and all claims or controversies arising out of this Agreement, or any breach thereof, or otherwise arising out
of or relating to the Executive’s employment, compensation, and benefits with the Company or the termination thereof, to the extent they are not covered by and subject to arbitration according to the terms of the Arbitration Agreement in the
form attached hereto as Exhibit D, shall be brought exclusively in a court in the city and county of San Francisco, California or, if federal jurisdiction exists, the United States District Court for the Northern District of California, and
both parties submit and consent to jurisdiction of such courts and waive any objection to venue and/or any claim that the aforementioned forums are inconvenient. 
  

	 	11.	Governing Law. 

 This
Agreement and any disputes or controversies arising hereunder shall be construed and enforced in accordance with and governed by the internal laws of the State of California, without reference to principles of law that would apply the law of another
jurisdiction. 

  
 13 

	 	12.	Entire Agreement. 

 This
Agreement (including its exhibits and schedules), together with the Replacement Plan and Executive’s award agreement thereunder, the Exchange Agreement, the Proprietary Information Agreements and the Registration Rights Agreement, constitutes
the entire agreement between the parties hereto with respect to the subject matter hereof and thereof and supersedes and cancels any and all previous agreements, written and oral, regarding the subject matter hereof between the parties hereto,
including without limitation the Prior Agreement. This Agreement shall not be changed, altered, modified or amended, except by a written agreement that (i) explicitly states the intent of both parties hereto to supplement this Agreement and
(ii) is signed by both parties hereto. 
  

	 	13.	Notices. 

 All notices,
requests, demands and other communications called for or contemplated hereunder shall be in writing and shall be deemed to have been sufficiently given if personally delivered or if sent by registered or certified mail, return receipt requested to
the parties, their successors in interest, or their assignees at the following addresses, or at such other addresses as the parties may designate by written notice in the manner aforesaid, and shall be deemed received upon actual receipt:

  

	 	(a)	to the Company at: 

 Restoration
Hardware, Inc. 
 15 Koch Road, Suite J 
 Corte Madera, CA 94925 
 Attention: Chief Executive Officer 

Facsimile: (415) 927-7083 
 with a copy to: 
 Morrison & Foerster LLP 

425 Market Street 
 San Francisco, CA 94402 
 Attention: Gavin B. Grover 

Facsimile: (415) 268-7522 
  

	 	(b)	to the Executive at: 

[            ] 

with copies to: 

Fried, Frank, Harris, Shriver & Jacobson LLP 
 One New York Plaza 
 New York, NY 10004-1980 

Attention: Donald P. Carleen, Esq. 
 Facsimile: (212) 859-4000 

  
 14 

	 	14.	Severability. 

 If any
term or provision of this Agreement, or the application thereof to any person or under any circumstance, shall to any extent be invalid or unenforceable, the remainder of this Agreement, or the application of such terms to the persons or under
circumstances other than those as to which it is invalid or unenforceable, shall be considered severable and shall not be affected thereby, and each term of this Agreement shall be valid and enforceable to the fullest extent permitted by law.

  

	 	15.	Waiver. 

 The failure of
any party to insist in any one instance or more upon strict performance of any of the terms and conditions hereof, or to exercise any right or privilege herein conferred, shall not be construed as a waiver of such terms, conditions, rights or
privileges, but same shall continue to remain in full force and effect. Any waiver by any party of any violation of, breach of or default under any provision of this Agreement by the other party shall not be construed as, or constitute, a continuing
waiver of such provision, or waiver of any other violation of, breach of or default under any other provision of this Agreement. 
  

	 	16.	Exclusive Remedy. 

 The
Executive’s right to the compensation and benefits to which he may become entitled pursuant to this Agreement and pursuant to any other written agreement between the Executive and the Company, Holdings and/or Home Holdings shall be the
Executive’s sole and exclusive remedy for any termination of the Executive’s employment. 
  

	 	17.	Successors and Assigns. 

This Agreement shall be binding upon the Company and any successors and assigns of the Company, including any corporation with which, or
into which, the Company may be merged or which may succeed to the Company’s assets or business. In the event that the Company sells or transfers all or substantially all of the assets of the Company, or in the event of any merger or
consolidation of the Company, the Company shall use reasonable efforts to cause such assignee, transferee, or successor to assume the liabilities, obligations and duties of the Company hereunder. Neither this Agreement nor any right or obligation
hereunder may be assigned by the Executive; provided, however, that this provision shall not preclude the Executive from designating one or more beneficiaries to receive any amount that may be payable after his death and shall not preclude his
executor or administrator from assigning any right hereunder to the person or persons entitled hereto. 
  

	 	18.	Counterparts. 

 This
Agreement may be executed in multiple counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same instrument. 

  
 15 

	 	19.	Headings. 

 Headings in
this Agreement are for reference only and shall not be deemed to have any substantive effect. 
  

	 	20.	Opportunity to Seek Advice; Warranties and Representations. 

 The Executive acknowledges and confirms that he has had the opportunity to seek such legal, financial and other advice and representation as he has deemed appropriate in connection with this Agreement.
The Executive hereby represents and warrants to the Company that he is not under any obligation of a contractual or quasi-contractual nature known to him that is inconsistent or in conflict with this Agreement or that would prevent, limit or impair
the performance by the Executive of his obligations hereunder. 
  

	 	21.	Withholding and Payroll Practices. 

 All salary, severance payments, bonuses or benefits provided by the Company under this Agreement shall be net of any tax or other amounts required to be withheld by the Company under applicable law and
shall be paid in the ordinary course pursuant to the Company’s then existing payroll practices or as otherwise specified in this Agreement. 
  

	 	22.	Section 280G Excise Tax Matters. 

 In the event that any payment in the nature of compensation (within the meaning of Code Section 280G(b)(2)) to the Executive or for the Executive’s benefit, paid or payable or distributed or
distributable pursuant to the terms of this Agreement or otherwise in connection with, or arising out of, the Executive’s employment with the Company (a “Payment” or “Payments”), would be subject to the excise
tax imposed by Code Section 4999, or any interest or penalties are incurred by the Executive with respect to such excise tax (such excise tax, together with any such interest and penalties, are hereinafter collectively referred to as the
“Excise Tax”), then such Payments shall be payable either in (x) full or (y) as to such lesser amount which would result in no portion of such Payments being subject to the Excise Tax and the Executive shall receive the
greater, on an after-tax basis, of (x) or (y) above, as determined by an independent accountant or tax advisor selected by Executive and paid for by the Company. In the event that the payments and/or benefits are to be reduced pursuant to
this Section 22, such payments and benefits shall be reduced such that the reduction of compensation to be provided to or for the benefit of the Executive as a result of this Section 22 is minimized and to effectuate that, Payments shall
be reduced (i) by first reducing or eliminating the portion of such Payments which is not payable in cash (other than that portion of such payments that is subject to clause (iii) below), (ii) then by reducing or eliminating cash
Payments (other than that portion of such Payments subject to clause (iii) below) and (iii) then by reducing or eliminating the portion of such Payments (whether or not payable in cash) to which Treasury Regulation Section 1.280G-1
Q/A 24(c) (or any successor provision thereto) applies, in each case in reverse order beginning with Payments which are to be paid the farthest in time from the date of the change in control transaction. Any reductions made pursuant to this
Section 22 shall be made in a manner consistent with the requirements of Section 409A of the Code and where two economically equivalent amounts are subject to reduction but payable at different times, such amounts shall be reduced on a pro
rata basis but not below zero. 

  
 16 

	 	23.	Section 409A. 

 The
parties intend that any compensation, benefits and other amounts payable or provided to the Executive under this Agreement be paid or provided in compliance with Section 409A such that there will be no adverse tax consequences, interest, or
penalties for the Executive under Section 409A as a result of the payments and benefits so paid or provided to him. The parties agree to modify this Agreement, or the timing (but not the amount) of the payment hereunder of severance or other
compensation, or both, to the extent necessary to comply with and to the extent permissible under Section 409A. In addition, notwithstanding anything to the contrary contained in any other provision of this Agreement, the payments and benefits
to be provided the Executive under this Agreement shall be subject to the provisions set forth below. 
 (a) The date of the
Executive’s “separation from service,” as defined in the regulations issued under Section 409A, shall be treated as the Executive’s Date of Termination for purpose of determining the time of payment of any amount that
becomes payable to the Executive pursuant to Section 5 hereof upon the termination of his employment and that is treated as an amount of deferred compensation for purposes of Section 409A. 

(b) In the case of any amounts that are payable to the Executive under this Agreement, or under any other “nonqualified deferred
compensation plan” (within the meaning of Section 409A) maintained by the Company in the form of installment payments, (i) the Executive’s right to receive such payments shall be treated as a right to receive a series of separate
payments under Treas. Reg. §1.409A-2(b)(2)(iii), and (ii) to the extent any such plan does not already so provide, it is hereby amended as of the date hereof to so provide, with respect to amounts payable to the Executive thereunder,

 (c) If the Executive is a “specified employee” within the meaning of Section 409A at the time of his
“separation from service” within the meaning of Section 409A, then any payment otherwise required to be made to him under this Agreement on account of his separation from service, to the extent such payment (after taking in to account
all exclusions applicable to such payment under Section 409A) is properly treated as deferred compensation subject to Section 409A, shall not be made until the first business day after (i) the expiration of six months from the date of
the Executive’s separation from service, or (ii) if earlier, the date of the Executive’s death (the “Delayed Payment Date”). On the Delayed Payment Date, there shall be paid to the Executive or, if the Executive has
died, to the Executive’s estate, in a single cash lump sum, an amount equal to aggregate amount of the payments delayed pursuant to the preceding sentence. 
 (d) To the extent that the reimbursement of any expenses or the provision of any in-kind benefits pursuant to this Agreement is subject to Section 409A, (i) the amount of such expenses eligible
for reimbursement, or in-kind benefits to be provided hereunder during any one calendar year shall not affect the amount of such expenses eligible for reimbursement or in-kind benefits to be provided hereunder in any other calendar year; provided,
however, that the foregoing shall not apply to any limit on the amount of any expenses incurred by the Executive 

  
 17 

 
that may be reimbursed or paid under the terms of the Company’s medical plan, if such limit is imposed on all similarly situated participants in such plan; (ii) all such expenses
eligible for reimbursement hereunder shall be paid to the Executive as soon as administratively practicable after any documentation required for reimbursement for such expenses has been submitted, but in any event by no later than December 31
of the calendar year following the calendar year in which such expenses were incurred; and (iii) the Executive’s right to receive any such reimbursements or in-kind benefits shall not be subject to liquidation or exchange for any other
benefit. 
  

	 	24.	No Duty to Mitigate. 

 The
Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, and the amount of any payment provided for under this Agreement shall not be reduced or
offset by any compensation earned by the Executive or by any retirement benefits received by the Executive as a result of employment by another employer after the Date of Termination. The provisions of this Agreement, and any payment provided for
hereunder, shall not reduce any amounts otherwise payable, or in any way diminish the Executive’s then existing rights, or rights which would accrue solely as a result of the passage of time, under any Company benefit plan or other contract,
plan or arrangement. 
  

	 	25.	Dispute Resolution. 

 The
Executive has signed and agrees to be bound by the terms of the Arbitration Agreement, which is attached as Exhibit D. 

  
 18 

 IN WITNESS WHEREOF, the parties have executed this Amended and Restated Employment Agreement
as of the Effective Date. 
  

			
	 RESTORATION HARDWARE, INC.,
 a Delaware corporation

		
	By:	 	 /s/ Karen Boone

	
	CARLOS ALBERINI
	
	 /s/ Carlos Alberini

  

					
		 	Acknowledged and Agreed:
		
		 	 RESTORATION HARDWARE HOLDINGS, INC.,
 a Delaware corporation

			
		 	By:	 	 /s/ Karen Boone

  
 19 

 SCHEDULE A-1 

Award Agreement 

 SCHEDULE A-2 

Form of 2012 Equity Replacement Plan and Replacement Award Agreement 

 SCHEDULE B 

Form of 2012 Stock Option Plan 
 and award agreement thereunder 
 Terms of IPO Option Grant in accordance with 2012 Stock
Option Plan and award agreement, upon occurrence of IPO of Holdings: 
 (1) Size of Grant: options to purchase shares of Common Stock of
Holdings representing 7.5% of the shares of Common Stock outstanding immediately after the IPO of Holdings calculated based on the fully diluted share number reflected in the Company’s capitalization table (pro forma after giving effect to the
issuance of shares in the IPO) as set forth in the preliminary prospectus for the IPO used in the roadshow for the IPO, reduced, to the extent included in that fully diluted number, by the number of (x) shares allocated to any new equity
incentive pool adopted by Holdings in connection with the IPO and any awards granted thereunder and (y) any grant of options to Gary Friedman in connection with the IPO. 
 (2) Exercise Price: equal to a price per share corresponding with a post-IPO market capitalization of $1.9 billion 
 (3) Vesting/Selling Restrictions: To be subject to Vesting or Selling Restrictions based on stock appreciation hurdles from $2.1 to $5.4 billion 
 (4) Term of Options: Ten years 

 SCHEDULE C 

Form of Exchange Agreement 

 EXHIBIT A 

Form of General Release 
 This Separation and General Release Agreement (the “Agreement”) is entered into by and between Restoration Hardware, Inc. (the “Company”) and Carlos Alberini (the
“Executive”) (collectively, “Parties”). 
 RECITALS 

WHEREAS, the Executive was employed by the Company on an at-will basis; 

WHEREAS, the Company and the Executive have mutually agreed that the Executive will resign as of
             (“Resignation Date”) in accordance with the terms of this Agreement; and 
 WHEREAS, capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Amended and Restated Employment Agreement dated as of
                 , 2012, by and between the Company and the Executive (the “Employment Agreement”). 

ACCORDINGLY, the Parties agree as follows: 
 1. Severance Benefit. The Company hereby agrees to provide the Executive with the payments and benefits set forth in Section 5(c) of the Employment Agreement with respect to a termination by
the [Company without Cause/Executive for Good Reason], on the terms and subject to the conditions set forth in such Section 5(c)/(d) of the Employment Agreement (including the Executive’s compliance with the restrictive covenants set forth
in Sections 6 and 8(a) and (b) of the Employment Agreement and the Proprietary Information Agreements). 
 2.
Resignation. The Executive hereby resigns his employment with the Company and any Affiliate, and his position as a member of the Board of Directors of the Company or any Affiliate, effective as of the Resignation Date. “Affiliate”
means any entity that directly or indirectly controls, is controlled by, or is under common control with the Company. 
 3.
The Executive Release. The Executive and his representatives, heirs, successors, and assigns do hereby completely release and forever discharge the Company, any Affiliate, and its and their present and former shareholders, officers, directors,
agents, employees, attorneys, successors, and assigns (collectively, “Released Parties”) from all claims, rights, demands, actions, obligations, liabilities, and causes of action of every kind and character, known or unknown, which the
Executive may have now or in the future arising from any act or omission or condition occurring on or prior to the Effective Date (including, without limitation, the future effects of such acts, omissions, or conditions), whether based on tort,
contract (express or implied), or any federal, state, or local law, statute, or regulation (collectively, the “Released Claims”). By way of example and not in limitation of the foregoing, Released Claims shall include any claims arising
under the Fair Labor Standards Act, the National Labor Relations Act, the Family and Medical Leave Act, the Executive Retirement Income Security Act of 1974, the 

 
Americans with Disabilities Act, Title VII of the Civil Rights Act of 1964, the Age Discrimination in Employment Act, the California Fair Employment and Housing Act, and the California Family
Rights Act, as well as any claims asserting wrongful termination, breach of contract, breach of the covenant of good faith and fair dealing, negligent or intentional infliction of emotional distress, negligent or intentional misrepresentation,
negligent or intentional interference with contract or prospective economic advantage, defamation, invasion of privacy, and claims related to disability. Except as set forth in the next sentence, Released Claims shall also include, but not be
limited to, any claims for severance pay, bonuses, sick leave, vacation pay, life or health insurance, or any other fringe benefit, or any claims relating to any bona fide disputes or controversies (other than a dispute or controversy regarding the
determination of fair market value that in accordance with the applicable arrangement is to be, or may be, determined by an independent appraiser) concerning (i) awards made to the Executive under the 2008 Team Resto Ownership Plan, the
Restoration Hardware 2012 Equity Replacement Plan, the Restoration Hardware 2012 Stock Incentive Plan or similar plans, (ii) the repurchase of any such awards by Home Holdings, LLC, Restoration Hardware Holdings, Inc. or the Company, or
(iii) the investment made by the Executive in Home Holdings, LLC and/or Restoration Hardware Holdings, Inc. The Executive likewise releases the Released Parties from any and all obligations for attorneys’ fees incurred in regard to the
above claims or otherwise. Notwithstanding the foregoing, Released Claims shall not include (i) any claims based on obligations created by or reaffirmed in this Agreement; (ii) any vested retirement benefits or vested stock option rights,
(iii) any claims which by law cannot be released, including without limitation unemployment compensation claims and workers’ compensation claims (the settlement of which would require approval by the California Workers’ Compensation
Appeals Board), (iv) any claim for indemnification under the Employment Agreement, the Company’s or Holdings’ bylaws or certificate of incorporation, the Indemnification Agreement or any other agreement providing for the
indemnification of the Executive, or (v) any rights not in dispute that the Executive might have (x) under the 2008 Team Resto Ownership Plan, the Restoration Hardware 2012 Equity Replacement Plan, the Restoration Hardware 2012 Stock
Incentive Plan or similar plans or arrangements adopted after the Effective Date of the Employment Agreement regarding equity awards to the Executive or equity interests owned by the Executive or (y) the repurchase of any such awards or
interests by Home Holdings, LLC, Restoration Hardware Holdings, Inc. or the Company or (z) the Registration Rights Agreement among the Company and certain of its stockholders. 

4. Section 1542 Waiver. The Executive understands and agrees that the Released Claims include not only claims presently known
to the Executive, but also include all unknown or unanticipated claims, rights, demands, actions, obligations, liabilities, and causes of action of every kind and character that would otherwise come within the scope of the Released Claims as
described in Section 3, above. The Executive understands that he may hereafter discover facts different from what he now believes to be true, which if known, could have materially affected this Agreement, but he nevertheless waives any claims
or rights based on different or additional facts. The Executive knowingly and voluntarily waives any and all rights or benefits that he may now have, or in the future may have, under the terms of Section 1542 of the California Civil Code, which
provides as follows: 
 A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT

 
TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. 

5. Covenant Not to Sue. The Executive shall not bring a civil action in any court (or file an administrative complaint or
arbitration) against the Company or any other Released Party asserting claims pertaining in any manner to the Released Claims. 

6. Age Discrimination Claims. The Executive understands and agrees that, by entering into this Agreement, (i) he is waiving
any rights or claims he might have under the Age Discrimination in Employment Act, as amended by the Older Workers Benefit Protection Act; (ii) he has received consideration beyond that to which he was previously entitled; (iii) he has
been advised to consult with an attorney before signing this Agreement; and (iv) he has been offered the opportunity to evaluate the terms of this Agreement for not less than twenty-one (21) days prior to his execution of the Agreement.
the Executive may revoke this Agreement (by written notice to Company) for a period of seven (7) days after his execution of the Agreement, and it shall become enforceable (and payment of the payments and benefits by the Company to the
Executive in accordance with Section 1 above only shall be made) only upon the expiration of this revocation period without prior revocation by the Executive. 
 7. Confidentiality. The Parties understand and agree that this Agreement and each of its terms, and the negotiations surrounding it, are confidential and shall not be disclosed by the Executive
without the prior written consent of the Company, unless required by law. Notwithstanding the foregoing, the Executive may disclose the terms of this Agreement to his spouse, and for legitimate business reasons, to legal, financial, and tax
advisors, provided such individuals agree to maintain the confidentiality of such information. 
 8. Non-admission. The
Parties understand and agree that the furnishing of the consideration for this Agreement shall not be deemed or construed at any time or for any purpose as an admission of liability by the Company. The liability for any and all claims is expressly
denied by the Company. 
 9. Arbitration. All claims that the Executive may have against the Company or any other
Released Party, or which the Company may have against the Executive, of any kind, including, but not limited to, all claims in any way related to (i) the subject matter, interpretation, application, or alleged breach of this Agreement,
(ii) the employment or termination of the Executive, or (iii) the Executive’s efforts to find subsequent employment (collectively, “Arbitrable Claims”) shall be resolved by arbitration pursuant to the terms of the
Arbitration Agreement attached as Exhibit D to the Employment Agreement. 
 10. Entire Agreement. This Agreement
and              constitute the complete, final and exclusive embodiment of the entire agreement among the Parties hereto with regard to the subject matter hereof and thereof. This
Agreement is entered into without reliance on any promise or representation, written or oral, other than those expressly contained or referenced herein.

 11. Amendments; Waivers. This Agreement may not be amended except by an instrument in
writing, signed by each of the Parties. No failure to exercise and no delay in exercising any right, remedy, or power under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any right, remedy, or power
under this Agreement preclude any other or further exercise thereof, or the exercise of any other right, remedy, or power provided herein or by law or in equity. 
 12. Successors and Assigns. The Executive represents that he has not previously assigned or transferred any claims or rights released by him pursuant to this Agreement. This Agreement shall be
binding upon and shall inure to the benefit of the Parties and their respective heirs, successors, attorneys, and permitted assigns. This Agreement shall also inure to the benefit of any Released Party. 

13. Governing Law. This Agreement shall be governed by and construed in accordance with the law of the State of California,
without regard to conflict of laws provisions. 
 14. Interpretation. This Agreement shall be construed as a whole,
according to its fair meaning, and not in favor of or against any Party. By way of example and not in limitation, this Agreement shall not be construed in favor of the Party receiving a benefit nor against the Party responsible for any particular
language in this Agreement. Captions are used for reference purposes only and should be ignored in the interpretation of the Agreement. 
 15. Representation by Counsel. The Parties acknowledge that (i) they have had the opportunity to consult counsel in regard to this Agreement; (ii) they have read and understand the
Agreement and they are fully aware of its legal effect; and (iii) they are entering into this Agreement freely and voluntarily, and based on each Party’s own judgment and not on any representations or promises made by the other Party,
other than those contained in this Agreement. 
 16. Counterparts. This Agreement may be executed in counterparts. True
copies of such executed counterparts may be used in lieu of an original for any purpose. 
 17. Effective Date. This
Agreement shall become effective as of seven (7) days after the date executed by the Executive (“Effective Date”), but only if the Agreement is not revoked as provided in Section 6. If the Agreement is revoked, it shall be null
and void. 
 The Parties have duly executed this Agreement as of the dates noted below. 

 

									
	  
	 		 	Date:	 	  

	Executive	 		 		 	
				
	Restoration Hardware, Inc.	 		 		 	
					
	By:	 	  
	 		 	Date:	 	  

	Its:	 	  
	 		 		 	

 EXHIBIT B 

Executed Proprietary Information and Inventions Agreement 

  
 

 
 Proprietary Information and Inventions Agreement 

I am entering into this Proprietary Information and Inventions Agreement (the “Agreement”) with Restoration Hardware, Inc. (the
“Company”) for the purpose of protecting the trade secrets of the Company and prohibiting the unauthorized use of confidential information by me. 
 In consideration of my employment or continued employment by the Company, and the compensation now and hereafter paid to me, I hereby agree as follows: 

 

	1)	Recognition of Company’s Rights: Nondisclosure, At all times during the term of my employment and thereafter, I will hold in strictest confidence and will
not disclose, use, lecture upon or publish any of the Company’s Proprietary Information (defined below), except as such disclosure, use or publication may be required in connection with my work for the Company, or unless an officer of the
Company expressly authorizes such in writing. I hereby assign to the Company any rights I may have or acquire in such Proprietary Information and recognize that all Proprietary Information shall be the sole property of the Company and its assigns
and that the Company and its assigns shall be the sole owner of all patent rights, copyrights, trade secret rights and all other rights throughout the world (collectively, “Proprietary Rights”) in connection therewith.

 The term “Proprietary Information” shall mean trade secrets confidential knowledge, data or any other
proprietary information of the Company. Proprietary Information includes, but is not limited to, (a) inventions, trade secrets, ideas, data, other works of authorship, know-how, improvements, discoveries, developments, designs and techniques
(hereinafter collectively referred to as “Inventions”); and (b) information regarding plans for research, development, new products, branding, marketing and selling business plans, budgets and unpublished financial statements,
licenses, prices and costs, suppliers and customers, details of contracts; and information regarding the skills and compensation of other associates of the Company. 
  

	2)	Third Party Information, I understand, in addition, that the Company has received and in the future will receive from third parties confidential or proprietary
information (“Third Party Information”) subject to a duty on the Company’s part to maintain the confidentiality of such information and to use it only for certain limited purposes. During the term of my employment and thereafter, I
will hold Third Party Information in the strictest confidence and will not disclose (to anyone other than Company personnel who need to know such information in connection with their work for the Company) or use, except in connection with my work
for the Company, Third Party Information unless expressly authorized by an officer of the Company in writing. 

  

	3)	Assignment of Inventions I shall promptly disclose to the Company any and all inventions that I may conceive or develop, alone or with others, during the term of
my employment, and I agree that all inventions belong to and be the exclusive property of the Company. I agree to assign, and upon their creation do hereby automatically assign, all of my right, title and interest (in the United States and other
countries) in and to all Inventions (and all Proprietary Rights with respect thereto) whether or not patentable or registerable under copyright or similar statutes, made or conceived or reduced to practice or learned by me, either alone or jointly
with others, during the period of my employment with the Company. I recognize that this Agreement does not require assignment of any invention which qualifies fully for protection under Section 2870 of the California Labor Code (hereinafter
“Section 2870”), which provides as follows: 

  

	 	a)	Any provision in an employment agreement which provides that an associate shall assign, or offer to assign, any of his or her rights in an invention to his or her
employer shall not apply to an invention that the associate developed entirely on his or her own time without using the employer’s equipment, supplies, facilities, or trade secret information except for those inventions that either:

  

	 	i)	Relate at the time of conception or reduction to practice of the invention to the employer’s business, or actual or demonstrably anticipated research or
development of the employer. 

  

	 	ii)	Result from any work performed by the associate for the employer. 

  

	 	iii)	To the extent a provision in an employment agreement purports to require an associate to assign an invention otherwise excluded from being required to be assigned under
subdivision (I), the provision is against the public policy of this state and is unenforceable. 

	 	b)	I also assign to or as directed by the Company all my right, title and interest in and to any and all Inventions, full title to which is required to be in the United
States by a contract between the Company and the United States or any of its agencies. 

  

	 	c)	I acknowledge that all original works of authorship which are made by me (solely or jointly with others) within the scope of my employment and which are protectable by
copyright are “works made for hire”, as that term is defined in the United States Copyright Act (17 U.S.C., Section 101). Inventions assigned to or as directed by the Company by this paragraph 3 are hereinafter referred to as
“Company Inventions”. 

  

	4)	Prior Inventions, Inventions, if any patented or unpatented, which I made prior to the commencement of my employment with the Company are excluded form the scope
of this Agreement. To preclude any possible uncertainty, I have set forth on Exhibit A attached hereto a complete list of all Inventions that I have, alone or jointly with others, conceived, developed or reduced to practice prior to commencement of
my employment with the Company, that I consider to be my property or the property of third parties and that I wish to have excluded from the scope of this Agreement. If disclosure of any such Invention on Exhibit A would cause me to violate any
prior confidentiality agreement, I understand that I am not to list such Inventions in Exhibit A but am to inform the Company that all Inventions have not been listed for that reason. 

 

	5)	No Improper Use of materials, During my employment by the Company I will not improperly use or disclose any confidential information or trade secrets, if any, of
any former employer or any other person to whom I have an obligation of confidentiality, and I will not bring onto the premises of the Company any unpublished documents or any property belonging to any former employer or any other person to whom I
have an obligation of confidentiality unless consented to in writing by that former employer or person. 

  

	6)	No Conflicting Obligation, I represent that my performance of all the terms of this Agreement and as an associate of the Company does not breach any agreement to
keep in confidence information acquired by me in confidence or in trust prior to my employment by the Company. I have not entered into, and I agree I will not enter into, any agreement either in written or oral in conflict herewith.

  

	7)	Right to Inspection, I agree that any property situated on the Company’s premises and owned by the Company, including disks and other storage media, filing
cabinets or other work areas, is subject to inspection by Company personnel at any time with or without notice. Prior to leaving, I will cooperate with the Company in completing and signing the Company’s termination statement for technical and
management personnel. 

  

	8)	Legal and Equitable Remedies, Because my services are personal and unique and because I may have access to and become acquainted with the Proprietary Information
of the Company, the Company shall have the right to enforce this Agreement and any of its provisions by injunction, specific performance or other equitable relief, without bond, without prejudice to any other rights and remedies that the Company may
have for a breach of this Agreement; provided that the limitations on such rights and remedies other stated in Executive’s Employment Agreement executed concurrently herewith shall equally apply hereunder. 

 

	9)	Notices, Any notices required or permitted hereunder shall be given to the appropriate party at the address specified below or at such other address as the party
shall specify in writing. Such notice shall be deemed given upon personal delivery to the appropriate address or if sent by certified or registered mail, three days after the date of mailing. 

 

	10)	General Provisions,  

  

	 	a)	Governing Law, This Agreement shall be governed by and construed in accordance with the laws of the State of California. 

	 	b)	Entire Agreement, This Agreement sets forth the entire agreement and understanding between the Company and me relating to the subject matter hereof and
supersedes and merges all prior discussions between us. No modification of or amendment to this Agreement, nor any waiver of any rights under this Agreement will be effective unless in writing signed by the party to be charged. Any subsequent change
or changes in my duties, salary or compensation will not affect the validity or scope of this Agreement. As used in this Agreement, the period of my employment includes any time during which I may be retained by the Company as a consultant.

  

	 	c)	Severability, If one or more of the provisions in this Agreement are deemed unenforceable by law, then the remaining provisions will continue in full force and
effect. 

  

	 	d)	Successors and Assigns, This Agreement will be binding upon my heirs, executors, administrators and other legal representatives and will be for the benefit of
the Company, its successors and assigns. 

  

	 	e)	Survival, The provisions of the Agreement shall survive the termination of my employment and the assignment of this Agreement by the Company to any successor in
interest or other assignee. 

  

	 	f)	Employment, I agree and understand that nothing is this Agreement shall confer any right with respect to continuation of employment with the Company, nor shall
it interfere in any way with my right or the Company’s right to terminate my employment at any time, with or without cause. 

  

	 	g)	Waiver, No waiver by the Company of any breach of this Agreement shall be a waiver of any preceding or succeeding breach. No waiver by the Company of any right
under this Agreement shall be construed as a waiver of any other right. The Company shall not be required to give notice to enforce strict adherence to all terms of this Agreement. 

I UNDERSTAND THAT THIS AGREEMENT AFFECTS MY RIGHTS TO INVENTIONS I MAKE DURING MY EMPLOYMENT, AND RESTRICTS MY RIGHT TO DISCLOSE OR USE THE
COMPANY’S PROPRIETARY INFORMATION DURING OR SUBSEQUENT TO MY EMPLOYMENT. 
 I HAVE READ THIS AGREEMENT CAREFULLY AND UNDERSTAND ITS TERMS.
I HAVE COMPLETELY FILLED OUT EXHIBIT A TO THIS AGREEMENT. 
  

					
	Dated as of May 12, 2010	 		 	/s/ Carlos Alberini
		 		 	Signature
		 		 	Carlos Alberini
			
		 		 	Name of Associate
			
		 		 	Address

 ACCEPTED AND AGREED TO: 
  

					
	Restoration Hardware, Inc.
		
	By:	 	/s/ Chris Newman
		 	Name:	 	Chris Newman
		 	Title:	 	Chief Financial Officer

 Exhibit A to Proprietary Information and Inventions Agreement 

Schedule of Inventions 

 EXHIBIT C 

Executed Confirmation of Confidential Treatment 

  
 

 
 Confirmation of Confidential Treatment 
 This shall confirm that as an associate of Restoration Hardware, Inc. (the “Company”), and in accordance with the Proprietary Information and Inventions Agreement (the “Confidentiality
Agreement”) entered into between me and the Company, understand, agree and acknowledge that all information and materials relating to my work on the Company’s development of new retail concepts, new merchandise programs and new brands
(including without limitation all information and materials related to the development of new Company brands, logos and corporate identities), shall be treated as Proprietary Information (as that term is defined under the Confidentiality Agreement).
Without limiting the generality of the foregoing, and for the avoidance of doubt, I hereby agree to hold all ideas, data, documents, drawings, notes, memoranda, and other information and materials regarding Company’s new retail concepts, new
merchandise programs and new brands including branding plans, brand development and branding strategy, in strictest confidence, and will not disclose, lecture upon or publish any such information or materials unless an officer of the Company
expressly authorizes such in writing, and will not use such information and materials for any purpose other than in furtherance of the business of the Company as directed by the Company. 
 Because I may have access to and become acquainted with such information and materials, the Company shall have the right to enforce my duties of confidentiality by injunction, specific performance or
other equitable relief, without bond, without prejudice to any other rights and remedies that the Company may have. 
 I HAVE READ THIS DOCUMENT
CAREFULLY AND UNDERSTAND ITS TERMS. 
  

							
	Dated: May 12, 2010	 		 		 	/s/ Carlos Alberini
		 		 		 	Signature
				
		 		 		 	 Carlos Alberini

		 		 		 	Associate Name

 EXHIBIT D 

Arbitration Agreement 
 Restoration Hardware, Inc. (the “Company”), Restoration Hardware Holdings, Inc. (“Holdings”) and Carlos Alberini (the “Executive”) hereby agree, effective as of
                         , 2012, that, to the fullest extent permitted by law, any and all claims or controversies between them
(or between the Executive and any present or former officer, director, agent, or employee of the Company or any parent, subsidiary, or other entity affiliated with the Company) relating in any manner to the employment or the termination of
employment of the Executive (including the awards to the Executive under the Restoration Hardware 2012 Equity Replacement Plan, the Restoration Hardware 2012 Stock Incentive Plan and the 2008 Team Resto Ownership Plan or the investment by the
Executive in Holdings or Home Holdings, LLC) shall be resolved by final and binding arbitration. Except as specifically provided herein, any arbitration proceeding shall be conducted by the Judicial Arbitration and Mediation Services
(“JAMS”) under the JAMS Employment Arbitration Rules and Procedures then in effect (the “JAMS Rules”). 

Claims subject to arbitration shall include, without limitation: contract claims, tort claims, claims relating to compensation, as well
as claims based on any federal, state, or local law, statute, or regulation, including but not limited to any claims arising under Title VII of the Civil Rights Act of 1964, the Age Discrimination in Employment Act, the Americans with Disabilities
Act, the California Fair Employment and Housing Act, equity purchases or repurchases, and any and all claims for any other compensation, wages and/or benefits of any type, including as such terms are used in the Executive’s Employment Agreement
with the Company. However, claims for unemployment benefits, workers’ compensation claims, and claims under the National Labor Relations Act or any other statute that provides for claimants to be entitled to have claims heard at law or in
equity shall not be subject to arbitration. 
 A neutral and impartial arbitrator shall be chosen by mutual agreement of the
parties; however, if the parties are unable to agree upon an arbitrator within a reasonable period of time, then a neutral and impartial arbitrator shall be appointed in accordance with the arbitrator nomination and selection procedure set forth in
the JAMS Rules. The arbitrator shall prepare a written decision containing the essential findings and conclusions on which the award is based so as to ensure meaningful judicial review of the decision. The arbitrator shall apply the same substantive
law, with the same statutes of limitations and same remedies, that would apply if the claims were brought in a court of law. 

Either the Company or the Executive may bring an action in court to compel arbitration under this Agreement and to enforce an arbitration
award. Otherwise, neither party shall initiate or prosecute any lawsuit of claim in any way related to any arbitrable claim, including without limitation any claim as to the making, existence, validity, or enforceability of the agreement to
arbitrate. Nothing in this Agreement, however, precludes a party from filing an administrative charge before an agency that has jurisdiction over an arbitrable claim. Moreover, nothing in this Agreement prohibits either party from seeking
provisional relief pursuant to Section 1281.8 of the California Code of Civil Procedure. 

 All arbitration hearings under this Agreement shall be conducted in San Francisco,
California, unless otherwise agreed by the parties. The arbitration provisions of this Arbitration Agreement shall be governed by the Federal Arbitration Act. In all other respects, this Arbitration Agreement shall be construed in accordance with
the laws of the State of California, without reference to conflicts of law principles. 
 Each party shall pay its own costs and
attorney’s fees, unless a party prevails on a statutory claim, and the statute provides that the prevailing party is entitled to payment of its attorneys’ fees. In that case, the arbitrator may award reasonable attorneys’ fees and
costs to the prevailing party as provided by law. 
 This Agreement does not alter the Executive’s at-will employment
status. Accordingly, the Executive understands that the Company may terminate the Executive’s employment, as well as discipline or demote the Executive, at any time, with or without prior notice, and with or without cause. The parties also
understand that the Executive is free to leave the Company at any time and for any reason, with or without cause and with or without advance notice. If any provision of this Agreement shall be held by a court or the arbitrator to be invalid,
unenforceable, or void, such provision shall be enforced to the fullest extent permitted by law, and the remainder of this Agreement shall remain in full force and effect. The parties’ obligations under this Agreement shall survive the
termination of the Executive’s employment with the Company and the expiration of this Agreement. 
 The Company and the
Executive understand and agree that this Arbitration Agreement contains a full and complete statement of any agreements and understandings regarding resolution of disputes between the parties, and the parties agree that this Arbitration Agreement
supersedes all previous agreements, whether written or oral, express or implied, relating to the subjects covered in this agreement. The parties also agree that the terms of this Arbitration Agreement cannot be revoked or modified except in a
written document signed by both the Executive and an officer of the Company. 
 THE PARTIES ALSO UNDERSTAND AND AGREE THAT THIS
AGREEMENT CONSTITUTES A WAIVER OF THEIR RIGHT TO A TRIAL BY JURY OF ANY CLAIMS OR CONTROVERSIES COVERED BY THIS AGREEMENT. THE PARTIES AGREE THAT NONE OF THOSE CLAIMS OR CONTROVERSIES SHALL BE RESOLVED BY A JURY TRIAL. 

 THE PARTIES FURTHER ACKNOWLEDGE THAT THEY HAVE BEEN GIVEN THE OPPORTUNITY TO DISCUSS THIS
AGREEMENT WITH THEIR LEGAL COUNSEL AND HAVE AVAILED THEMSELVES OF THAT OPPORTUNITY TO THE EXTENT THEY WISH TO DO SO. 
  

			
	RESTORATION HARDWARE, INC.
		
	By:	 	  

	
	RESTORATION HARDWARE HOLDINGS, INC.
		
	By:	 	  

	
	  

	Executive

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00216-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00216-of-00352.parquet"}]]