Document:

EX-10.14(a)

 Exhibit 10.14(a) 

AMENDMENT TO THE 
 FOURTH
AMENDED AND RESTATED 2011 STOCK OPTION PLAN 
 OF 

BJ’S WHOLESALE CLUB HOLDINGS, INC. 

THIS AMENDMENT TO THE FOURTH AMENDED AND RESTATED 2011 STOCK OPTION PLAN OF BJ’S WHOLESALE CLUB HOLDINGS, INC. (this
“Amendment”), dated as of June 14, 2018, is made and adopted by BJ’s Wholesale Club Holdings, Inc., a Delaware corporation (the “Company”). Capitalized terms used but not otherwise defined herein shall have the
respective meanings ascribed to them in the Plan (as defined below). This Amendment shall become effective upon the consummation of an initial public offering of the Company’s common stock and if such an initial public offering does not occur
on or prior to December 31, 2018 this Amendment shall be void ab initio. 
 RECITALS 

WHEREAS, the Company maintains the Fourth Amended and Restated 2011 Stock Option Plan of Beacon Holding Inc. (the “Plan”);

 WHEREAS, as of February 23, 2018, Beacon Holding Inc. was renamed BJ’s Wholesale Club Holdings, Inc.; 

WHEREAS, in connection with the Company’s initial public offering the Company intends to adopt the BJ’s Wholesale Club Holdings,
Inc. 2018 Incentive Award Plan (the “2018 Plan”) which 2018 Plan will become effective on the day immediately prior to the Public Trading Date (as defined in the 2018 Plan) (the “Effective Date”); 

WHEREAS, the Company desires to amend the Plan as set forth herein; and 

WHEREAS, pursuant to Section 7.3 of the Plan, the Plan may be amended at any time and from time to time by the Board or the Committee;.

 NOW, THEREFORE, BE IT RESOLVED, that the Plan shall be amended as follows: 

 

	 	1.	Each reference to “Beacon Holding Inc.” (including, without limitation in the name of the Plan) shall be amended to “BJ’s Wholesale Club Holdings, Inc.”. 

 

	 	2.	Section 2.2 shall be deleted in its entirety and replaced with the following: 

“Section 2.2 Share Counting. If any Option (or portion thereof) expires or is canceled without having
been fully exercised, the number of shares of Common Stock subject to such Option (or portion thereof), but as to which such Option was not exercised prior to its expiration or cancellation, may again be optioned hereunder, subject to the
limitations of Section 2.1. In addition, (i) shares of Common Stock tendered by an Optionee or withheld by the Company in payment of the exercise price of an Option and (ii) shares of Common Stock tendered by an Optionee or withheld
by the Company to satisfy any tax withholding obligation with respect to an Option may again be optioned hereunder. 

	 	3.	A new Section 3.6 shall be added to the Plan which states: 

Section 3.6 No Further Grants. Notwithstanding anything to the contrary herein, no further grants shall be
made pursuant to the Plan on or following the Effective Date (and subject to the occurrence of the Public Trading Date). Any shares of Common Stock which, as of the Effective Date, are available for issuance under the Plan (including, without
limitation, shares of Common Stock available pursuant to Section 2.2 hereof), and any shares of Common Stock that are subject to awards under the Plan which are forfeited or lapse unexercised, shall be available under the 2018 Plan to the
extent provided in Section 3.1 thereof. For the avoidance of doubt, in lieu of granting Allocation Options pursuant to Section 3.5 hereof, the Company may in its sole discretion pay an amount in cash or other property (including, without
limitation, options pursuant to the 2018 Plan) equal to the aggregate of the excess of the Fair Market Value of the shares subject to the Allocation Options over the exercise price of the Allocation Options. 

 

	 	4.	Except as set forth herein, the Plan shall remain in full force and effect following the date of this Amendment. 

[signature page follows] 

 I hereby certify that the foregoing Amendment was adopted by the Board of Directors of
BJ’s Wholesale Club Holdings, Inc. as of June 14, 2018. 
 * * * * * 

Executed as of June 14, 2018. 
  

			
	By:	 	  

		 	Officer Name:
		 	Officer Title:EX-10.15(a)

 Exhibit 10.15(a) 

AMENDMENT TO THE 
 2012
DIRECTOR STOCK OPTION PLAN 
 OF 

BJ’S WHOLESALE CLUB HOLDINGS, INC. 

THIS AMENDMENT TO THE 2012 DIRECTOR STOCK OPTION PLAN OF BJ’S WHOLESALE CLUB HOLDINGS, INC. (this “Amendment”), dated as
of June 14, 2018, is made and adopted by BJ’s Wholesale Club Holdings, Inc., a Delaware corporation (the “Company”). Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to them in
the Plan (as defined below). This Amendment shall become effective upon the consummation of an initial public offering of the Company’s common stock and if such an initial public offering does not occur on or prior to December 31, 2018
this Amendment shall be void ab initio. 
 RECITALS 

WHEREAS, the Company maintains the 2012 Director Stock Option Plan of Beacon Holding Inc. (the “Plan”); 

WHEREAS, as of February 23, 2018, Beacon Holding Inc. was renamed BJ’s Wholesale Club Holdings, Inc.; 

WHEREAS, in connection with the Company’s initial public offering the Company intends to adopt the BJ’s Wholesale Club Holdings,
Inc. 2018 Incentive Award Plan (the “2018 Plan”) which 2018 Plan will become effective on the day immediately prior to the Public Trading Date (as defined in the 2018 Plan) (the “Effective Date”); 

WHEREAS, the Company desires to amend the Plan as set forth herein; and 

WHEREAS, pursuant to Section 7.3 of the Plan, the Plan may be amended at any time and from time to time by the Board. 

NOW, THEREFORE, BE IT RESOLVED, that the Plan shall be amended as follows: 

 

	 	1.	Each reference to “Beacon Holding Inc.” (including, without limitation in the name of the Plan) shall be amended to “BJ’s Wholesale Club Holdings, Inc.”. 

 

	 	2.	Section 2.2 shall be deleted in its entirety and replaced with the following: 

“Section 2.2 Share Counting. If any Option (or portion thereof) expires or is canceled without having
been fully exercised, the number of shares of Common Stock subject to such Option (or portion thereof), but as to which such Option was not exercised prior to its expiration or cancellation, may again be optioned hereunder, subject to the
limitations of Section 2.1. In addition, (i) shares of Common Stock tendered by an Optionee or withheld by the Company in payment of the exercise price of an Option and (ii) shares of Common Stock tendered by an Optionee or withheld
by the Company to satisfy any tax withholding obligation with respect to an Option may again be optioned hereunder. 

	 	3.	A new Section 3.4 shall be added to the Plan which states: 

Section 3.4 No Further Grants. Notwithstanding anything to the contrary herein, no further grants shall be
made pursuant to the Plan on or following the Effective Date (and subject to the occurrence of the Public Trading Date). Any shares of Common Stock which, as of the Effective Date, are available for issuance under the Plan (including, without
limitation, shares of Common Stock available pursuant to Section 2.2 hereof), and any shares of Common Stock that are subject to awards under the Plan which are forfeited or lapse unexercised, shall be available under the 2018 Plan to the
extent provided in Section 3.1 thereof. 
  

	 	4.	Except as set forth herein, the Plan shall remain in full force and effect following the date of this Amendment. 

[signature page follows] 

 I hereby certify that the foregoing Amendment was adopted by the Board of Directors of
BJ’s Wholesale Club Holdings, Inc. as of June 14, 2018. 
 * * * * * 

Executed as of June 14, 2018. 
  

			
	By:	 	  

		 	Officer Name:
		 	Officer Title:EX-10.16

 Exhibit 10.16 

BJ’S WHOLESALE CLUB, INC. 

DIRECTOR STOCK OWNERSHIP POLICY 

Section 1. Purpose and Effective Date. 

The purpose of this Director Stock Ownership Policy (this “Policy”), together with the equity awards granted to certain
members of the board of directors (the “Board”) of BJ’s Wholesale Club, Inc. (the “Company”) pursuant to the Company’s Non-Employee Director
Compensation Policy, as may be amended from time to time (the “Non-Employee Director Compensation Policy”), is to encourage such members of the Board to remain invested in the
performance of the Company and the Company’s common stock, par value $0.01 per share (the “Common Stock”), and to more closely align the interests of the members of the Board with those of the Company’s
shareholders. This Policy is designed to aid the Company in attracting and retaining those persons whose abilities, experience and judgment can contribute to maximizing stockholder value. This Policy shall become effective upon the consummation of
an initial public offering of the Company’s Common Stock and if such an initial public offering does not occur on or prior to December 31, 2018 this policy shall be void ab initio. 

Section 2. Share Ownership Requirements. 

(a) Minimum Ownership Requirement. Each person serving as a member of the Board that is not an employee of the Company or its
subsidiaries (each, a “Non-Employee Director”) is required to maintain during his or her tenure at the Company beneficial ownership of a number of shares of Common Stock with a value
equal to five times his or her applicable annual cash retainer, excluding any committee retainers or retainers paid based on his or her service as lead independent director, if applicable (the “Minimum Ownership
Requirement”), during his or her service on the Board. The value of a Non-Employee Director’s beneficial ownership shall be calculated by multiplying (i) the sum of the number of shares
of Common Stock beneficially owned by the Non-Employee Director (as determined in accordance with Section 2(b) hereof) by (ii) the closing price per share of the Common Stock on the applicable
measurement date. Once a Non-Employee Director has achieved his or her Minimum Ownership Requirement, he or she will not be deemed non-compliant with this Policy if the
value of his qualifying shares (as determined pursuant to Section 2(b) below) decreases below the Minimum Ownership Requirement solely due to a decrease in the closing price per share of Common Stock on the applicable measurement date and not
due to a sale or other disposal of Common Stock by the Non-Employee Director. 
 (b) Counting.
For purposes of this Policy, shares of Common Stock that count toward satisfaction of the Minimum Ownership Requirement shall include (a) any class of equity securities of the Company, in any case whether held (i) directly or indirectly or
by or for the benefit of immediate family members; (ii) by trusts for the benefit of such person or such person’s immediate family members, or (iii) in a 401(k) plan, IRA or deferred compensation plan; and (b) shares of
restricted Common Stock and shares subject to outstanding restricted stock unit awards, in either case, that vest solely based on the passage of time. Shares of Common Stock that count toward satisfaction of the Minimum Ownership Requirement shall
not include (x) shares of Common Stock subject to outstanding stock options, whether exercisable or unexercisable; (y) unearned performance-based vesting restricted Common Stock, restricted stock unit awards or other incentive
awards; and (z) warrants and all other forms of derivative securities. 

 Section 3. Compliance. 

(a) Compliance Deadline. Each Non-Employee Director serving on the Board as of the date hereof
shall have until [    , 2023]1 to come into compliance with this Policy. Any newly appointed or elected Non-Employee Director hereafter
shall come into compliance with this Policy no later than the fifth anniversary of the Non-Employee Director’s appointment or election. 

(b) Determination of Share Ownership. Each Non-Employee Director shall certify as to his or her
compliance with the Minimum Ownership Requirement during his or her service on the Board of Non-Employee Directors of the Company at least once each year (beginning with the year in which these ownership
guidelines become applicable to such Non-Employee Director) in connection with responding to the Company’s annual Director and Officer Questionnaire. 

(c) Exceptions. The Minimum Ownership Requirement may be waived, at the sole discretion of the disinterested members of the Board, if
compliance would create severe hardship for a Non-Employee Director, or would violate Section 16(b) of the Securities Exchange Act of 1934, as amended or would prevent the
Non-Employee Director from complying with a court order, as in the case of a divorce settlement. A Non-Employee Director may file notice with the Corporate Secretary to
be presented to the Board, advising the Board of the circumstances and describing the extent of the waiver requested. It is expected that these instances will be rare. 

(d) Remedies for Non-Compliance. The Compensation Committee of the Board (the
“Compensation Committee”) has the authority to review each Non-Employee Director’s compliance (or progress towards compliance) with this Policy from time to time and, in its sole
discretion, to impose such conditions, restrictions or limitations on any Non-Employee Director as the Compensation Committee determines to be necessary or appropriate in order to achieve the purposes of this
Policy. For example, the Compensation Committee may mandate that a Non-Employee Director retain (and not transfer) all or a portion of any shares delivered to the
Non-Employee Director through the Company’s equity plans or otherwise restrict the Non-Employee Director’s transfer of previously owned shares. 

Section 4. Administration of the Policy. 

(a) Authority. The Compensation Committee shall conduct the general administration of this Policy in accordance with its provisions. The
Compensation Committee shall have full power and authority to interpret this Policy and to adopt such rules for the administration, interpretation and application of this Policy as are consistent therewith and to interpret, amend or revoke any such
rules. The Compensation Committee may delegate administrative duties under this Policy to one or more agents as it shall deem necessary or advisable. Any decision or action taken by the Compensation Committee with respect to the administration or
interpretation of this Policy shall be conclusive and binding on all persons. 
 (b) Liability. No member of the Board shall be
personally liable for any action or determination made in good faith with respect to this Policy or to any settlement of any dispute between a Non-Employee Director and the Company. The Board shall be entitled
to rely upon the advice or opinions of any attorneys, consultants, accountants, appraisers, brokers or other persons with respect to all matters concerning this Policy. 

Section 5. Amendment, Modification, and Termination. 

This Policy may at any time or from time to time be amended, modified or terminated by the Compensation Committee. 

 

	1 	NTD: To be the fifth anniversary of the IPO. 

  
 2

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