Document:

EX-10.2

 Exhibit 10.2 
 DESTINATION XL GROUP, INC. 
 2006 INCENTIVE COMPENSATION PLAN

 AND 
 2013-2016 LONG-TERM INCENTIVE PLAN 
 NON-QUALIFIED STOCK OPTION AGREEMENT

 Agreement 
 1. Grant of Option. DESTINATION XL GROUP, INC., a Delaware corporation (the “Company”), hereby grants, as of May 28, 2013 (“Date of Grant”), to
«First_Name» «Last_Name» (the “Optionee”) an option (the “Option”) to purchase up to «NQ_Shares» shares of the Company’s common stock, $.01 par value per share
(the “Shares”), at an exercise price per share equal to $5.04 (the “Exercise Price”). The Option shall be subject to the terms and conditions set forth herein. The Option was granted as part of the Awards issued
under the Company’s 2013-2016 Long-Term Incentive Plan (the “Plan”) pursuant to the 2006 Incentive Compensation Plan, as amended (the “2006 Compensation Plan”), both of which are incorporated herein for all
purposes. The Option is a Non-Qualified Stock Option, and not an Incentive Stock Option. At this time, 51% of the Option is subject to shareholder approval at the Company’s annual meeting scheduled for August 1, 2013. If approval is not
obtained, 51% of the Option shall be cancelled and you will receive instead a grant of a right to receive cash subject to the same vesting schedule in accordance with Section 5(e) of the Plan. The Optionee hereby acknowledges receipt of copies
of the Plan and the 2006 Compensation Plan and agrees to be bound by all of the terms and conditions hereof and thereof and all applicable laws and regulations. 
 2. Definitions. Unless otherwise provided herein, terms used herein that are defined in the Plan and not defined herein shall have the meanings attributed thereto in the Plan. To the extent
terms used herein are not defined herein or in the Plan, then those words shall have the meanings attributed to them in the 2006 Compensation Plan. 
 3. Exercise Schedule. 
 a) Except as otherwise provided in
Section 6 of this Agreement, 50% of the Option is part of your Time-Based Vesting Amount and shall vest and become exercisable in accordance with Section 6(a) of the Plan and 50% of the Option is part of your Performance-Based Vesting
Amount and shall vest and become exercisable in accordance with Section 6(b) of the Plan. To the extent that the Option has become exercisable with respect to a percentage of Shares as provided in the Plan, the Option may thereafter be
exercised by the Optionee, in whole or in part, at any time or from time to time prior to the expiration of the Option as provided herein. 
 b) There may be an acceleration of the exercisability of the Option, but only as set forth in Sections 6(a), 6(b) and 6(d) of the Plan, as applicable. 

c) Upon the termination of the Optionee’s Continuous Service with the Company and its Related Entities, any unvested portion of the
Option shall terminate and be null and void, except as set forth in the Plan or as may otherwise be determined by the Committee in writing in its sole discretion. 
 d) In the event that Optionee has a Termination of Employment after FYE 2014 and before FYE 2015, and such Termination of Employment was for any reason other than: (A) by the Company without
Justifiable Cause; (B) by the Participant for Good Reason; or (C) by reason of the Participant’s 

 
death, Disability or Retirement, then in addition to any other remedy that may be available to the Company in law or equity, and as pursuant to Optionee’s employment agreement, if any,
Optionee also shall be required to pay to the Company, immediately upon written demand by the Committee or the Board, any Gains resulting from Optionee’s exercise of the Option. 
 4. Method of Exercise. The vested portion of this Option shall be exercisable in whole or in part as referenced in Section 3 hereof by written notice which shall state the election to
exercise the Option, the number of Shares in respect of which the Option is being exercised, and such other representations and agreements as to the holder’s investment intent with respect to such Shares as may be required by the Company
pursuant to the provisions of the Plan. Such written notice shall be signed by the Optionee and shall be delivered in person or by certified mail to the Secretary of the Company. The written notice shall be accompanied by payment of the Exercise
Price. This Option shall be deemed to be exercised after both (a) receipt by the Company of such written notice accompanied by the Exercise Price (except in the case of a cashless exercise or a net share settlement, both as defined below) and
(b) arrangements that are satisfactory to the Committee in its sole discretion have been made for Optionee’s payment to the Company of the amount, if any, that is necessary to be withheld in accordance with applicable Federal or state
withholding requirements. No Shares shall be issued pursuant to the Option unless and until such issuance and such exercise shall comply with all relevant provisions of applicable law, including the requirements of any stock exchange upon which the
Shares then may be traded. 
 5. Method of Payment. Payment of the Exercise Price shall be by any of the following, or a
combination thereof, at the election of the Optionee: (a) cash; (b) check; (c) to the extent permitted by the Committee, with Shares owned by the Optionee, or the withholding of Shares that otherwise would be delivered to the Optionee
as a result of the exercise of the Option (i.e., a net-share settlement); (d) pursuant to a “cashless exercise” procedure, by delivery of a properly executed exercise notice together with such other documentation, and subject
to such guidelines, as the Committee shall require to effect an exercise of the Option and delivery to the Company by a licensed broker acceptable to the Company of proceeds from the sale of Shares, or (e) such other consideration or in such
other manner as may be determined by the Committee in its absolute discretion. 
 6. Termination of Option. 

a) Except as otherwise required to comply with Section 6 (b)(iv) or Section 6 (d) of the Plan, any unexercised portion of
the Option shall automatically and without notice terminate and become null and void at the time of the earliest to occur of the following: 
 (i) unless the Committee otherwise determines in writing in its sole discretion, three months after the date on which the Optionee’s Continuous Services is terminated other than by reason of
(A) by the Company or a Related Entity for Justifiable Cause, (B) a Disability of the Optionee as determined by a medical doctor satisfactory to the committee, or (C) the death of the Optionee; 

(ii) immediately upon the termination of the Optionee’s Continuous Service by the Company or a Related Entity for Justifiable Cause;

 (iii) twelve months after the date on which the Optionee’s Continuous Service is terminated by reason of a Disability as
determined by a medical doctor satisfactory to the Committee; 
 (iv) (A) twelve months after the date of termination of
the Optionee’s Continuous Service by reason of death of the Optionee, or, if later, (B) three months after the date on which the Optionee shall die if such death shall occur during the one year period specified in Section 6(a)(iii)
hereof, or 
 (v) the tenth anniversary of the date as of which the Option is granted. 

  
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 b) If a Participant’s Continuous Service terminates after FYE 2014 and on or before FYE
2016, by reason of the Participant’s death or Disability, or by the Company without Justifiable Cause or by the Participant for Good Reason, or terminates by reason of the Participant’s Retirement after FYE 2013 and on or before FYE 2016,
then the portion (the “Post-Termination Contingent Vesting Portion”) of the Participant’s Option that is part of the Participant’s Performance-Based Vesting Award that was not vested as of the date of the termination of the
Participant’s Continuous Service and that may vest after the date of such termination pursuant to Section 6(b)(iv)(A)(2), 6(b)(iv)(B) or 6(b)(iv)(C)(2) shall not be forfeited as a result of such termination. Instead, if the
Post-Termination Contingent Vesting Portion vests on or before FYE 2016 pursuant to the provisions of Section 6(b)(iv)(A)(2), 6(b)(iv)(B) or 6(b)(iv)(C)(2), then notwithstanding the provisions of Section 6(a) above, the Post-Termination
Contingent Vesting Portion of the Option shall not terminate until 90 days after the date on which the Post-Termination Contingent Vesting Portion vests. If the Post-Termination Contingent Vesting Portion does not vest on or before FYE 2016, then
the Post-Termination Contingent Vesting Portion shall automatically terminate on FYE 2016. Similarly, if the Participant’s Continuous Service is terminated by the Company without Justifiable Cause or by the Participant for Good Reason, or by
reason of the Participant’s death or Disability, and a Change in Control occurs within 6 months after such termination, then notwithstanding any provision of this Agreement to the contrary, the Option shall not be deemed to have previously
terminated and the provisions of Section 6(d) shall apply with respect to the Option. 
 c) The Option (regardless of
whether vested) shall be forfeited immediately in the event Optionee leaves employment with Company and its Related Entities during fiscal year 2015 other than for termination without Justifiable Cause, resignation for Good Reason, death, Disability
or Retirement. 
 7. Transferability. Unless otherwise determined by the Committee, the Option granted hereby is not transferable
otherwise than by will or under the applicable laws of descent and distribution, and during the lifetime of the Optionee the Option shall be exercisable only by the Optionee, or the Optionee’s guardian or legal representative. In addition, the
Option shall not be assigned, negotiated, pledged or hypothecated in any way (whether by operation of law or otherwise), and the Option shall not be subject to execution, attachment or similar process. Upon any attempt to transfer, assign,
negotiate, pledge or hypothecate the Option, or in the event of any levy upon the Option by reason of any execution, attachment or similar process contrary to the provisions hereof, the Option shall immediately become null and void. The terms of
this Option shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee. 
 8. No Rights of
Stockholders. Neither the Optionee nor any personal representative (or beneficiary) shall be, or shall have any of the rights and privileges of, a stockholder of the Company with respect to any Shares purchasable or issuable upon the
exercise of the Option, in whole or in part, prior to the date of exercise of the Option. 
 9. No Right to Continued Employment.
Neither the Option nor this Agreement shall confer upon the Optionee any right to continued employment or service with the Company. 
 10.
Law Governing. This Agreement shall be governed in accordance with and governed by the internal laws of the State of Delaware. 
 11.
Interpretation / Provisions of Plan Control. This Agreement is subject to all the terms, conditions and provisions of the Plan and the 2006 Compensation Plan, including, without limitation, the amendment provisions thereof, and to such
rules, regulations and interpretations relating to the Plan and the 2006 Compensation Plan adopted by the Committee as may be in effect from time to time. If and to 

  
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the extent that this Agreement conflicts or is inconsistent with the terms, conditions and provisions of the Plan and the 2006 Compensation Plan, the Plan shall control, and this Agreement shall
be deemed to be modified accordingly. The Optionee accepts the Option subject to all of the terms and provisions of the Plan, the 2006 Compensation Plan and this Agreement. The undersigned Optionee hereby accepts as binding, conclusive and final all
decisions or interpretations of the Committee upon any questions arising under the Plan, the 2006 Compensation Plan and this Agreement, unless shown to have been made in an arbitrary and capricious manner. 

12. Notices. Any notice under this Agreement shall be in writing and shall be deemed to have been duly given when delivered personally or
when deposited in the United States mail, registered, postage prepaid, and addressed, in the case of the Company, to the Company’s Secretary at 555 Turnpike Street, Canton, MA 02021, or if the Company should move its principal office, to such
principal office, and, in the case of the Optionee, to the Optionee’s last permanent address as shown on the Company’s records, subject to the right of either party to designate some other address at any time hereafter in a notice
satisfying the requirements of this Section. 
 IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the 15th
day of July, 2013. 
  

			
	COMPANY:
	
	DESTINATION XL GROUP, INC., a Delaware corporation
		
	By:	 	 
	Name:	 	David A. Levin
	Title:	 	President, CEO

 The Optionee acknowledges receipt of a copy of the Plan and the 2006 Compensation Plan, and
represents that he or she has reviewed the provisions of the Plan, the 2006 Compensation Plan and this Agreement in their entirety, is familiar with and understands their terms and provisions, and hereby accepts this Option subject to all of the
terms and provisions of the Plan, the 2006 Compensation Plan and this Agreement. The Optionee further represents that he or she has had an opportunity to obtain the advice of counsel prior to executing this Agreement. 

 

							
		 		 	OPTIONEE:
				
	Dated:                    	 		 	By:	 	 
		 		 		 	«First_Name» «Last_Name»

  
 4EX-10.3

 Exhibit 10.3 
 DESTINATION XL GROUP, INC. 
 2013-2016 LONG-TERM INCENTIVE PLAN

 RESTRICTED STOCK AGREEMENT 
 FOR 
  
  

 
 1. Award of Restricted
Stock. The Committee hereby grants, as of                      (the “Date of Grant”), to
                    ,                     
restricted shares of the Company’s Common Stock, par value $0.01 per share (collectively the “Restricted Stock”). The Shares of Restricted Stock were granted as part of the Awards issued under the Company’s 2013-2016
Long-Term Incentive Plan (the “Plan”) pursuant to the 2006 Incentive Compensation Plan, as amended (the “2006 Compensation Plan”), both of which are incorporated herein for all purposes. As a condition to entering
into this Agreement, and as a condition to the issuance of any Shares (or any other securities of the Company), the Recipient agrees to be bound by all of the terms and conditions herein and in both the Plan and the 2006 Compensation Plan.

 2. Definitions. 
 For purposes of this Agreement, unless otherwise provided herein, terms used herein that are defined in the Plan and not defined herein shall have the meanings attributable thereto in the Plan. To the
extent terms used herein are not defined herein or in the Plan, then those words shall have the meanings attributed to them in the 2006 Compensation Plan. In addition, the following terms shall have the meanings indicated: 

(i) “Non-Vested Shares” means any portion of the Restricted Stock subject to this Agreement that has not become
vested pursuant to Section 3 of this Agreement. 
 (ii) “Vested Shares” means any portion of the
Restricted Stock subject to this Agreement that is and has become vested pursuant to this Section 3 of this Agreement. 
 3. Vesting
of Restricted Stock. 
 (a) 50% of the Shares of Restricted Stock are part of your Time-Based Vesting Amount and shall
vest in accordance with Section 6 (a) of the Plan and 50% of the Shares of Restricted Stock, are part of your Performance-Based Vesting Amount and shall vest in accordance with Section 6 (b) of the Plan. 

(b) There may be an acceleration of the exercisability of the Restricted Stock, but only as set forth in Sections 6(a), 6(b) and 6(d) of
the Plan. 
 (c) In the event that Recipient has a Termination of Employment after FYE 2014 and before FYE 2015, and such
Termination of Employment was for any reason other than: (A) by the Company without Justifiable Cause; (B) by the Participant for Good Reason; or (C) by 

 
reason of the Participant’s death, Disability or Retirement, then in addition to any other remedy that may be available to the Company in law or equity, and/or pursuant to Recipient’s
employment agreement, if any, Recipient also shall be required to pay to the Company, immediately upon written demand by the Committee or the Board, any Gains resulting from the grant or vesting of Shares granted to Recipient under this Agreement.

 4.
                    Delivery of Restricted Stock. 
 (a) Issuance of Stock Certificates and Legends. One or more stock certificates evidencing the Restricted Stock shall be issued in the name of the Recipient but shall be held and retained by
the Records Administrator of the Company until the date (the “Applicable Date”) on which the shares (or a portion thereof) subject to this Restricted Stock award become Vested Shares pursuant to Section 2 hereof. All such stock
certificates shall bear the following legends, along with such other legends that the Board or the Committee shall deem necessary and appropriate: 
 THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO SUBSTANTIAL VESTING AND OTHER RESTRICTIONS AS SET FORTH IN THE RESTRICTED STOCK AGREEMENT BETWEEN THE ISSUER AND THE ORIGINAL HOLDER OF THE
SHARES, A COPY OF WHICH MAY BE OBTAINED AT THE PRINCIPAL OFFICE OF THE ISSUER. SUCH RESTRICTIONS ARE BINDING ON TRANSFEREES OF THESE SHARES, AND INCLUDE VESTING CONDITIONS WHICH MAY RESULT IN THE COMPLETE FORFEITURE OF THE SHARES. 

(b) Stock Powers. The Recipient shall deposit with the Company stock powers or other instruments of transfer or assignment,
duly endorsed in blank with signature(s) guaranteed, corresponding to each certificate representing Shares of Restricted Stock until such Shares become Vested Shares. If the Recipient shall fail to provide the Company with any such stock power or
other instrument of transfer or assignment, the Recipient hereby irrevocably appoints the Secretary of the Company as his attorney-in-fact, with full power of appointment and substitution, to execute and deliver any such power or other instrument
which may be necessary to effectuate the transfer of the Shares of Restricted Stock (or assignment of distributions thereon) on the books and records of the Company. 
 (c) Delivery of Stock Certificates. On or after each Applicable Date, upon written request to the Company by the Recipient, the Company shall promptly cause a new certificate or certificates
to be issued for and with respect to all Shares that become Vested Shares on that Applicable Date, which certificate(s) shall be delivered to the Recipient as soon as administratively practicable after the date of receipt by the Company of the
Recipient’s written request. The new certificate or certificates shall continue to bear those legends and endorsements that the Company shall deem necessary or appropriate (including those relating to restrictions on transferability and/or
obligations and restrictions under the Securities Laws). 

  
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 (d) Issuance Without Certificates. If the Company is authorized to issue
Shares without certificates, then the Company may, in the discretion of the Committee, issue Shares pursuant to this Agreement without certificates, in which case any references in this Agreement to certificates shall instead refer to whatever
evidence may be issued to reflect the Recipient’s ownership of the Shares subject to the terms and conditions of this Agreement. 
 5.
Forfeiture of Non-Vested Shares. Except as otherwise provided in Sections 6(b)(iv) or 6(d) of the Plan, if the Recipient’s Continuous Service is terminated for any reason, any Shares of Restricted Stock that are not Vested Shares,
and that do not become Vested Shares as a result of such termination, shall be forfeited immediately upon such termination of Continuous Service and revert back to the Company without any payment to the Recipient. The Committee shall have the power
and authority to enforce on behalf of the Company any rights of the Company under this Agreement in the event of the Recipient’s forfeiture of Non-Vested Shares pursuant to this Section 5. 

6. Rights with Respect to Restricted Stock. 
 (a) General. Except as otherwise provided in this Agreement, the Recipient shall have, with respect to all of the Shares of Restricted Stock, whether Vested Shares or Non-Vested Shares, all
of the rights of a holder of Shares, including without limitation (i) the right to vote such Shares of Restricted Stock, (ii) the right to receive dividends, if any, as may be declared on the Shares of Restricted Stock from time to time,
and (iii) the rights available to all holders of Shares upon any merger, consolidation, reorganization, liquidation or dissolution, stock split-up, stock dividend or recapitalization undertaken by the
Company; provided, however, that all of such rights shall be subject to the terms, provisions, conditions and restrictions set forth in this Agreement (including without limitation conditions under which all such rights shall be forfeited). Any
Non-Vested Shares will not be entitled to receive subscription rights in connection with rights offerings. Any Shares issued to the Recipient as a dividend with respect to Shares of Restricted Stock shall have the same status and bear the same
legend as the Shares of Restricted Stock and shall be held by the Company, if the Shares of Restricted Stock that such dividend is attributed to is being so held, unless otherwise determined by the Committee. In addition, notwithstanding any
provision to the contrary herein, any cash dividends declared with respect to Shares of Restricted Stock subject to this Agreement shall be held in escrow by the Committee until such time as the Shares of Restricted Stock that such cash dividends
are attributed to shall become Vested Shares, and in the event that such Shares of Restricted Stock are subsequently forfeited, the cash dividends attributable to such portion shall be forfeited as well. 

(b) Adjustments to Shares. If at any time while this Agreement is in effect (or Shares granted hereunder shall be or remain
unvested while Recipient’s Continuous Service continues and has not yet terminated or ceased for any reason), there shall be any increase or decrease in the number of issued and outstanding Shares of the Company through the declaration of a
stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of such Shares, then and in that event, the Board or the Committee shall make any adjustments it deems fair and appropriate, in view of such
change, in the number of Shares of Restricted Stock then subject to this Agreement. If any such adjustment shall result in a fractional Share, such fraction shall be disregarded. 

  
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 (c) No Restrictions on Certain Transactions. Notwithstanding any term or
provision of this Agreement to the contrary, the existence of this Agreement, or of any outstanding Shares of Restricted Stock awarded hereunder, shall not affect in any manner the right, power or authority of the Company to make, authorize or
consummate: (i) any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business; (ii) any merger, consolidation or similar transaction by or of the Company; (iii) any
offer, issue or sale by the Company of any capital stock of the Company, including any equity or debt securities, or preferred or preference stock that would rank prior to or on parity with the Shares of Restricted Stock and/or that would include,
have or possess other rights, benefits and/or preferences superior to those that the Shares of Restricted Stock includes, has or possesses, or any warrants, Shares or rights with respect to any of the foregoing; (iv) the dissolution or
liquidation of the Company; (v) any sale, transfer or assignment of all or any part of the stock, assets or business of the Company; or (vi) any other corporate transaction, act or proceeding (whether of a similar character or otherwise).

 7. Transferability. Unless otherwise determined by the Committee, the Shares of Restricted Stock are not transferable
unless and until they become Vested Shares in accordance with this Agreement, otherwise than by will or under the applicable laws of descent and distribution. The terms of this Agreement shall be binding upon the executors, administrators, heirs,
successors and assigns of the Recipient. Except as otherwise permitted pursuant to the first sentence of this Section, any attempt to effect a Transfer of any Shares of Restricted Stock prior to the date on which the Shares become Vested Shares
shall be void ab initio. For purposes of this Agreement, “Transfer” shall mean any sale, transfer, encumbrance, gift, donation, assignment, pledge, hypothecation, or other disposition, whether similar or dissimilar to those
previously enumerated, whether voluntary or involuntary, and including, but not limited to, any disposition by operation of law, by court order, by judicial process, or by foreclosure, levy or attachment. 

8. Tax Matters; Section 83(b) Election. 
 (a) Section 83(b) Election. If the Recipient properly elects, within thirty (30) days of the Date of Grant, to include in gross income for federal income tax purposes an amount
equal to the fair market value (as of the Date of Grant) of the Shares of Restricted Stock pursuant to Section 83(b) of the Internal Revenue Code of 1986, as amended (the “Code”), the Recipient shall make arrangements
satisfactory to the Company to pay to the Company any federal, state or local income taxes required to be withheld with respect to the Shares of Restricted Stock. If the Recipient shall fail to make such tax payments as are required, the Company
shall, to the extent permitted by law, have the right to deduct from any payment of any kind (including without limitation, the withholding of any Shares that otherwise would be issued to the Recipient under this Agreement) otherwise due to the
Recipient any federal, state or local taxes of any kind required by law to be withheld with respect to the Shares of Restricted Stock. 

  
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 (b) No Section 83(b) Election. If the Recipient does not properly
make the election described in paragraph 8(a) above, the Recipient shall, no later than the date or dates as of which the restrictions referred to in this Agreement hereof shall lapse, pay to the Company, or make arrangements satisfactory to the
Committee for payment of, any federal, state or local taxes of any kind required by law to be withheld with respect to the Shares of Restricted Stock (including without limitation the vesting thereof), and the Company shall, to the extent permitted
by law, have the right to deduct from any payment of any kind (including without limitation, the withholding of any Shares that otherwise would be distributed to the Recipient under this Agreement) otherwise due to Recipient any federal, state, or
local taxes of any kind required by law to be withheld with respect to the Shares of Restricted Stock. 
 (c)
Satisfaction of Withholding Requirements. The Recipient may satisfy the withholding requirements with respect to the Shares of Restricted Stock pursuant to any one or combination of the following methods: 

(i) payment in cash or check; or 
 (ii) if and to the extent permitted by the Committee, payment by surrendering unrestricted previously held Shares which have a value equal to the required withholding amount or the withholding of Shares
that otherwise would be deliverable to the Recipient pursuant to this Award. The Recipient may surrender Shares either by attestation or by delivery of a certificate or certificates for Shares duly endorsed for transfer to the Company, and if
required with medallion level signature guarantee by a member firm of a national stock exchange, by a national or state bank (or guaranteed or notarized in such other manner as the Committee may require); or 

(iii) if and to the extent permitted by the Committee, payment by entering into a net-share settlement with the Company which will result
in the Company’s withholding Shares that otherwise would be deliverable to the Recipient pursuant to this Award which have a value equal to the required withholding amount. 

(d) Recipient’s Responsibilities for Tax Consequences. Tax consequences on the Recipient (including
without limitation federal, state, local and foreign income tax consequences) with respect to the Shares of Restricted Stock (including without limitation the grant, vesting and/or forfeiture thereof) are the sole responsibility of the Recipient.
The Recipient shall consult with his or her own personal accountant(s) and/or tax advisor(s) regarding these matters, the making of a Section 83(b) election, and the Recipient’s filing, withholding and payment (or tax liability)
obligations. 
 9. Amendment, Modification & Assignment; Non-Transferability. This Agreement may only be modified
or amended in a writing signed by the parties hereto. No promises, assurances, commitments, agreements, undertakings or representations, whether oral, written, electronic or otherwise, and whether express or implied, with respect to the subject
matter hereof, have been made by either party which are not set forth expressly in this Agreement. Unless otherwise consented to in writing by the Company, in its sole discretion, this Agreement (and Recipient’s rights hereunder) may not be
assigned, and the obligations of Recipient hereunder may not be delegated, in whole or in part. The rights and obligations created hereunder shall be binding on the Recipient and his heirs and legal representatives and on the successors and assigns
of the Company. 

  
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 10. Complete Agreement. This Agreement (together with those agreements and documents expressly
referred to herein, for the purposes referred to herein) embody the complete and entire agreement and understanding between the parties with respect to the subject matter hereof, and supersede any and all prior promises, assurances, commitments,
agreements, undertakings or representations, whether oral, written, electronic or otherwise, and whether express or implied, which may relate to the subject matter hereof in any way. 
 11. Miscellaneous. 
 (a) No Right to (Continued) Employment or
Service. This Agreement and the grant of the Shares of Restricted Stock hereunder shall not confer, or be construed to confer, upon the Recipient any right to employment or service, or continued employment or service, with the Company or any
Related Entity. 
 (b) No Limit on Other Compensation Arrangements. Nothing contained in this Agreement shall
preclude the Company or any Related Entity from adopting or continuing in effect other or additional compensation plans, agreements or arrangements, and any such plans, agreements and arrangements may be either generally applicable or applicable
only in specific cases or to specific persons. 
 (c) Severability. If any term or provision of this Agreement is
or becomes or is deemed to be invalid, illegal or unenforceable in any jurisdiction or under any applicable law, rule or regulation, then such provision shall be construed or deemed amended to conform to applicable law (or if such provision cannot
be so construed or deemed amended without materially altering the purpose or intent of this Agreement and the grant of Shares of Restricted Stock hereunder, such provision shall be stricken as to such jurisdiction and the remainder of this Agreement
and the award hereunder shall remain in full force and effect). 
 (d) No Trust or Fund Created. Neither this
Agreement nor the grant of Shares of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person.
To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the
Company. 
 (e) Law Governing. This Agreement shall be governed by and construed and enforced in accordance with
the internal laws of the State of Delaware (without reference to the conflict of laws rules or principles thereof). 
 (f)
Interpretation. The Recipient accepts the Shares of Restricted Stock subject to all of the terms, provisions and restrictions of this Agreement and the Plan. The undersigned Recipient hereby accepts as binding, conclusive and final all
decisions or interpretations of the Board or the Committee upon any questions arising under this Agreement or the Plan. 

  
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 (g) Headings. Section, paragraph and other headings and captions are provided
solely as a convenience to facilitate reference. Such headings and captions shall not be deemed in any way material or relevant to the construction, meaning or interpretation of this Agreement or any term or provision hereof. 

(h) Notices. Any notice under this Agreement shall be in writing and shall be deemed to have been duly given when delivered
personally or when deposited in the United States mail, registered, postage prepaid, and addressed, in the case of the Company, to the Company’s President at 555 Turnpike Street, Canton, MA 02021, or if the Company should move its principal
office, to such principal office, and, in the case of the Recipient, to the Recipient’s last permanent address as shown on the Company’s records, subject to the right of either party to designate some other address at any time hereafter in
a notice satisfying the requirements of this Section. 
 (i) Section 409A. 

(a) It is intended that the Restricted Stock awarded pursuant to this Agreement be exempt from Section 409A of the Code
(“Section 409A”) because it is believed that the Agreement does not provide for a deferral of compensation and accordingly that the Agreement does not constitute a nonqualified deferred compensation plan within the meaning of
Section 409A. The provisions of this Agreement shall be interpreted in a manner consistent with this intention, and the provisions of this Agreement may not be amended, adjusted, assumed or substituted for, converted or otherwise modified
without the Recipient’s prior written consent if and to the extent that such amendment, adjustment, assumption or substitution, conversion or modification would cause the award to violate the requirements of Section 409A. 

(b) In the event that either the Company or the Recipient believes, at any time, that any benefit or right under this Agreement is
subject to Section 409A, and does not comply with the requirements of Section 409A, it shall promptly advise the other and the Company and the Recipient shall negotiate reasonably and in good faith to amend the terms of such benefits and
rights, if such an amendment may be made in a commercially reasonable manner, such that they comply with Section 409A with the most limited possible economic affect on the Recipient and on the Company. 

(c) Notwithstanding the foregoing, the Company does not make any representation to the Recipient that the Shares of Restricted Stock
awarded pursuant to this Agreement are exempt from, or satisfy, the requirements of Section 409A, and the Company shall have no liability or other obligation to indemnify or hold harmless the Recipient or any Beneficiary for any tax, additional
tax, interest or penalties that the Recipient or any Beneficiary may incur in the event that any provision of this Agreement, or any amendment or modification thereof or any other action taken with respect thereto is deemed to violate any of the
requirements of Section 409A. 

  
 7 

 (j) Non-Waiver of Breach. The waiver by any party hereto of the other
party’s prompt and complete performance, or breach or violation, of any term or provision of this Agreement shall be effected solely in a writing signed by such party, and shall not operate nor be construed as a waiver of any subsequent breach
or violation, and the waiver by any party hereto to exercise any right or remedy which he or it may possess shall not operate nor be construed as the waiver of such right or remedy by such party, or as a bar to the exercise of such right or remedy
by such party, upon the occurrence of any subsequent breach or violation. 
 (k) Counterparts. This Agreement may
be executed in two or more separate counterparts, each of which shall be an original, and all of which together shall constitute one and the same agreement. 
 IN WITNESS WHEREOF, the parties hereto, intending to be legally bound, have executed this Agreement as of the date first written above. 

 
  

													
		 		 		 		 	Destination XL Group, Inc.
						
		 		 		 		 	By:	 	 
		 		 		 		 	Name:	 	David A. Levin
		 		 		 		 	Title:	 	President, CEO
						
	Agreed and Accepted:	 		 		 		 		 	
						
	RECIPIENT:	 		 		 		 		 	
							
	By:	 	 	 		 		 		 	Date:	 	 
		 		 		 		 		 		 	
		 		 		 		 		 		 	

  
 8

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