Document:

EX-10.2

 Exhibit 10.2 
 COMMON STOCK 
 PURCHASE AGREEMENT 

THIS COMMON STOCK PURCHASE AGREEMENT (the “Agreement”) is made as of the 27th day of March, 2013, by and among U.S. Auto Parts Network, Inc., a
Delaware corporation (the “Company”), and the investors set forth on the signature pages hereto (the “Investors”). 
 THE PARTIES HEREBY AGREE AS FOLLOWS: 
 1. Purchase and Sale of Common Stock. 

1.1 Sale and Issuance of Common Stock. 
 (a) On or prior to the Closing (as defined below), the Company shall have authorized the sale and issuance to the Investors of an aggregate of 2,050,000 shares of the Company’s common stock, $0.001
par value per share (the “Common Stock”) at a purchase price of $1.09 per share (the “Per Share Purchase Price”). 
 (b) Subject to the terms and conditions of this Agreement, each Investor, severally and not jointly, agrees to purchase at the Closing and the Company agrees to sell and issue to such Investor at the
Closing the number of shares of Common Stock set forth on such Investor’s signature page hereof at the Per Share Purchase Price (the “Shares”). 
 1.2 Closing. Subject to the satisfaction of the conditions set forth in Sections 4.1 and 4.2, the purchase and sale of the Shares shall take place at the offices of Cooley LLP located at 4401
Eastgate Mall, San Diego, California at 10:00 A.M., on April 3, 2013, or at such other time and place as the Company and the Investors may mutually agree (the “Closing”). At the Closing, the Company shall cause its
transfer agent to deliver to each Investor, via electronic book-entry, the Shares that such Investor is purchasing against payment of the purchase price therefor by wire transfer of immediately available funds to an account specified by the Company
in writing to the Investors. 
 2. Representations and Warranties of the Company. The Company hereby represents and warrants to each
Investor as of the date of this Agreement that: 
 (a) The Company is a corporation duly organized and validly existing under,
and by virtue of, the laws of the State of Delaware and is in good standing as a domestic corporation under the laws of said state. Except as disclosed in the SEC Documents (as defined herein), the Company does not own or control any equity security
or other interest of any corporation, limited partnership or other business entity. 
 (b) The Company has all requisite legal
and corporate power and has taken all requisite corporate action to execute and deliver this Agreement, to sell and issue the Shares and to carry out and perform all of its obligations under this Agreement. This Agreement constitutes a legal, valid
and binding obligation of the Company, enforceable against the Company in 

  
 1. 

 
accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization or similar laws relating to or affecting the enforcement of creditors’ rights
generally and (ii) as limited by equitable principles generally. The execution and delivery of this Agreement does not, and the performance of this Agreement and the compliance with the provisions hereof will not, materially conflict with, or
result in a material breach or material violation of the terms, conditions or provisions of, or constitute a material default under, or result in the creation or imposition of any material lien pursuant to the terms of, the Company’s Second
Amended and Restated Certificate of Incorporation (the “Restated Certificate”) or the Company’s Amended and Restated Bylaws (the “Bylaws”) or any statute, law, rule or regulation or any state or
federal order, judgment or decree or any indenture, mortgage, lease or other material agreement or material instrument to which the Company or any of its properties is subject. 

(c) The authorized capital stock of the Company consists of (i) 100,000,000 shares of Common Stock, $0.001 par value, 31,151,075
shares of which are outstanding, and (ii) 10,000,000 shares of Preferred Stock, $0.001 par value, of which, 4,149,997 shares are designated Series A Preferred Stock, 3,999,997 shares of which are outstanding. Except as disclosed in the SEC
Documents and as contemplated by this Agreement, there are no outstanding warrants, options, convertible securities or other rights, agreements or arrangements of any character under which the Company is or may be obligated to issue any equity
securities of any kind. 
 (d) When issued in compliance with the provisions of this Agreement and the Restated Certificate, the
Shares will be validly issued, fully paid and nonassessable. The issuance and delivery of the Shares is not subject to preemptive or any other similar rights of the stockholders of the Company or to any liens or encumbrances imposed by the Company.

 (e) The Company has filed in a timely manner all documents that the Company was required to file with the Securities and
Exchange Commission (the “Commission”) under Sections 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), during the 12 months preceding the date of this Agreement
or has received a valid extension of such time of filing and has filed any such documents prior to the expiration of any such extension. As of their respective filing dates, all documents filed by the Company with the Commission (including the
Company’s Form 10-K for its fiscal year ended December 29, 2012, the “SEC Documents”) complied in all material respects with the requirements of the Exchange Act or the Securities Act of 1933, as amended (the
“Securities Act”), as applicable. None of the SEC Documents as of their respective dates contained any untrue statement of material fact or omitted to state a material fact required to be stated therein or necessary to make
the statements made therein, in light of the circumstances under which they were made, not misleading. The financial statements of the Company included in the SEC Documents (the “Financial Statements”) comply as to form in
all material respects with applicable accounting requirements and with the published rules and regulations of the Commission with respect thereto. The Financial Statements have been prepared in accordance with generally accepted accounting
principles consistently applied and fairly present in all material respects the consolidated financial position of the Company and any subsidiaries at the dates thereof and the consolidated results of their operations and consolidated cash flows for
the periods then ended (subject, in the case of unaudited statements, to normal, recurring adjustments 

  
 2. 

 
or to the extent that such unaudited statements do not include footnotes). All material agreements to which the Company is a party or to which the property or assets of the Company are subject
that are required to be filed with the Commission are included as part of or specifically identified in the SEC Documents. 

(f) The Company meets the requirements for use of Form S-3 under the Securities Act, and has filed with the Commission a registration
statement on such Form (Registration File No. 333-173856), which became effective as of August 10, 2011, for the registration under the Securities Act of the Shares. Such registration statement meets the requirements set forth in Rule
415(a)(1)(x) under the Securities Act and complies with said Rule. The Company will file with the Commission pursuant to Rule 424(b) under the Securities Act, and the rules and regulations (the “Rules and Regulations”) of the
Commission promulgated thereunder, a supplement to the form of prospectus filed with the Commission on August 11, 2011 and related to such registration statement, relating to the offer to sell and proposed sale of the Shares and the plan of
distribution thereof. Such registration statement, including the exhibits thereto, as amended at the date of this Agreement, is hereinafter called the “Registration Statement”; such prospectus in the form filed with the
Commission on August 11, 2011, is hereinafter called the “Base Prospectus”; and the supplemented form of prospectus, in the form in which it will be filed with the Commission pursuant to Rule 424(b) (including the Base
Prospectus as so supplemented) is hereinafter called the “Prospectus Supplement”. Any reference herein to the Registration Statement, the Base Prospectus or the Prospectus Supplement shall be deemed to refer to and include
the documents incorporated by reference therein (the “Incorporated Documents”) pursuant to Item 12 of Form S-3 which were filed under the Exchange Act, on or before the date of this Agreement, or on or before the issue
date of the Base Prospectus or the Prospectus Supplement, as the case may be; and any reference herein to the terms “amend,” “amendment” or “supplement” with respect to the Registration Statement, the Base Prospectus or
the Prospectus Supplement shall be deemed to refer to and include the filing of any document under the Exchange Act after the date of this Agreement, or the issue date of the Base Prospectus or the Prospectus Supplement, as the case may be, deemed
to be incorporated therein by reference. All references in this Agreement to financial statements and schedules and other information which is “contained,” “included,” “described,” “set forth” or
“stated” in the Registration Statement, the Base Prospectus or the Prospectus Supplement (and all other references of like import) shall be deemed to mean and include all such financial statements and schedules and other information which
is or is deemed to be incorporated by reference in the Registration Statement, the Base Prospectus or the Prospectus Supplement, as the case may be. No stop order suspending the effectiveness of the Registration Statement or the use of the Base
Prospectus or the Prospectus Supplement has been issued, and no proceeding for any such purpose is pending or has been initiated or, to the Company’s knowledge, is threatened by the Commission. 

(g) The Registration Statement contains all exhibits and schedules as required by the Securities Act. Each of the Registration Statement
and any post-effective amendment thereto, at the time it became effective, complied in all material respects with the Securities Act and the Exchange Act and the applicable Rules and Regulations and did not and, as amended or supplemented, if
applicable, will not, contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not 

  
 3. 

 
misleading. The Base Prospectus and the Prospectus Supplement, each as of its respective date, complied in all material respects with the Securities Act and the Exchange Act and the applicable
Rules and Regulations. Each of the Base Prospectus and the Prospectus Supplement, as amended or supplemented, did not and will not contain as of the date thereof any untrue statement of a material fact or omit to state a material fact necessary in
order to make the statements therein, in light of the circumstances under which they were made, not misleading. The Incorporated Documents, when they were filed with the Commission, conformed in all material respects to the requirements of the
Exchange Act and the applicable Rules and Regulations and none of such Incorporated Documents, when they were filed with the Commission, contained any untrue statement of a material fact or omitted to state a material fact necessary to make the
statements therein, in light of the circumstances under which they were made, not misleading; and any further documents so filed and incorporated by reference in the Base Prospectus or Prospectus Supplement, when such documents are filed with the
Commission, will conform in all material respects to the requirements of the Exchange Act and the applicable Rules and Regulations, as applicable, and will not contain any untrue statement of a material fact or omit to state a material fact
necessary to make the statements therein, in light of the circumstances under which they were made, not misleading. Notwithstanding the foregoing, the Company makes no representations or warranties as to information, if any, contained in or omitted
from the Prospectus Supplement or any amendment thereof or supplement thereto in reliance upon and in conformity with information furnished in writing to the Company by or on behalf of any Investor specifically for use in the Registration Statement
or the Prospectus Supplement. No post-effective amendment to the Registration Statement reflecting any facts or events arising after the date thereof which represent, individually or in the aggregate, a fundamental change in the information set
forth therein is required to be filed with the Commission. There are no documents required to be filed with the Commission in connection with the transaction contemplated hereby that have not been filed as required pursuant to the Securities Act or
will not be filed within the requisite time period. 
 (h) Neither the Company nor any of its directors and officers has
distributed and none of them will distribute, prior to the Closing, any offering material in connection with the offering and sale of the Shares other than the Base Prospectus, the Prospectus Supplement, the Registration Statement, copies of the
documents incorporated by reference therein and any other materials permitted by the Securities Act. 
 (i) No consent,
approval, order or authorization of, or registration, qualification, designation, declaration or filing with, any federal, state, or local governmental authority on the part of the Company is required in connection with the consummation of the
transactions contemplated by this Agreement except for (i) compliance with the securities and blue sky laws in the states in which the Shares are offered and/or sold, which compliance will be effected in accordance with such laws, (ii) the
filing of the Prospectus Supplement and any amendments thereto with the Commission as contemplated by this Agreement, (iii) the filing of the NASDAQ Stock Market Notification Form with The NASDAQ Stock Market (“NASDAQ”)
and (iv) the filing of a Form 8-K related to the transactions contemplated by this Agreement. 
 (j) The Common Stock is
registered pursuant to Section 12(b) of the Exchange Act and is listed on NASDAQ, and the Company has taken no action designed to, or likely to have the effect of, terminating the registration of the Common Stock under the

  
 4. 

 
Exchange Act or de-listing the Common Stock from NASDAQ, nor has the Company received any notification that the Commission, the Financial Industry Regulatory Authority or NASDAQ is contemplating
terminating such registration or listing. 
 (k) The Company has been advised of the rules and requirements under the Investment
Company Act of 1940, as amended (the “Investment Company Act”). The Company is not, and immediately after receipt of payment for the Shares will not be, an “investment company” or an entity “controlled” by
an “investment company” within the meaning of the Investment Company Act and shall conduct its business in a manner so that it will not become subject to the Investment Company Act. 

(l) The Company is in compliance in all material respects with all of the provisions of the Sarbanes-Oxley Act of 2002 that are
applicable to it. Except as disclosed in the SEC Documents, the Company has established and maintains disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) that are effective in all material respects to ensure
that material information relating to the Company is made known to its chief executive officer and chief financial officer by others within the Company. The Company’s certifying officers have evaluated the effectiveness of the Company’s
disclosure controls and procedures as of the end of the period covered by its most recently filed quarterly or annual periodic report under the Exchange Act (such date, the “Evaluation Date”). The Company presented in its
most recently filed quarterly or annual periodic report under the Exchange Act the conclusions of the certifying officers about the effectiveness of the Company’s disclosure controls and procedures based on their evaluations as of the
Evaluation Date. 
 3. Representations and Warranties of the Investor. Each Investor hereby represents and warrants to the Company as of
the date of this Agreement that: 
 (a) The Investor has full right, power and authority to enter into this Agreement and to
consummate the transactions contemplated hereby and has taken all necessary action to authorize the execution, delivery and performance of this Agreement. This Agreement constitutes a valid and binding obligation of the Investor enforceable against
the Investor in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ and contracting parties’ rights generally and except
as enforceability may be subject to general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law). 
 (b) The Investor, in connection with its decision to purchase the Shares, relied only upon the Base Prospectus, the Prospectus Supplement, the Incorporated Documents, and any representations and
warranties of the Company contained herein and understands that no person has been authorized to give any information or to make any representations that were not contained in such documents, and Investor has not relied on any such other information
or representations in making a decision to purchase the Shares. Investor understands that an investment in the Company involves a high degree of risk for the reasons, among others, set forth under the caption “Risk Factors” in the Base
Prospectus, the Prospectus Supplement and the Incorporated Documents. 

  
 5. 

 (c) The Investor acknowledges, represents and agrees that no action has been or will be
taken in any jurisdiction outside the United States by the Company that would permit an offering of the Shares, or possession or distribution of offering materials in connection with the issue of the Shares in any jurisdiction outside the United
States where action for that purpose is required. 
 (d) The Investor understands that nothing in this Agreement or any other
materials presented to the Investor in connection with the purchase and sale of the Shares constitutes legal, tax or investment advice. The Investor has consulted such legal, tax and investment advisors as it, in its sole discretion, has deemed
necessary or appropriate in connection with its purchase of the Shares. 
 4. Conditions to Closing. 

4.1 Conditions to Investors’ Obligations at the Closing. The obligation of each Investor to purchase and acquire the Shares
hereunder shall be subject to the conditions that: 
 (a) all representations and warranties of the Company herein shall be true
and correct in all material respects as of and on each of the date of this Agreement and the date of the Closing; 
 (b) the
Company shall have performed all of its obligations hereunder; and 
 (c) the Prospectus Supplement shall have been filed with
the Commission pursuant to Rule 424(b) within the applicable time period prescribed for such filing, no stop order suspending the effectiveness of the Registration Statement or any part thereof shall have been issued and no proceeding for that
purpose shall have been initiated or threatened by the Commission, and the Investor shall have received the Base Prospectus and the Prospectus Supplement in accordance with the federal securities laws. 

4.2 Conditions to Company’s Obligations at the Closing. The obligation of the Company to sell the Shares hereunder shall be
subject to the conditions that: 
 (a) all representations and warranties and other statements of the Investors herein shall be
true and correct in all material respects as of and on each of the date of this Agreement and the date of the Closing; and 

(b) the Investors shall have performed all of their obligations hereunder, including but not limited to payment of the “Total
Purchase Price” for such Investor’s Shares as set forth on such Investor’s signature page hereof. 
 5. Miscellaneous.

 5.1 Successors and Assigns. Except as otherwise provided herein, the terms and conditions of this Agreement shall
inure to the benefit of and be binding upon the respective successors and assigns of the parties. Nothing in this Agreement, express or implied, is intended to confer upon any party other than the parties hereto or their respective successors and
assigns 

  
 6. 

 
any rights, remedies, obligations, or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement. 

5.2 Governing Law. This Agreement shall be governed by and construed under the laws of the State of New York as applied to
agreements among New York residents entered into and to be performed entirely within New York. 
 5.3 Counterparts;
Facsimile. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Electronic or facsimile signatures shall be as effective
as original signatures. 
 5.4 Titles and Subtitles. The titles and subtitles used in this Agreement are used for
convenience only and are not to be considered in construing or interpreting this Agreement. 
 5.5 Notices. Unless
otherwise provided, any notice required or permitted under this Agreement shall be given in writing and shall be deemed effectively given upon personal delivery to the party to be notified or upon deposit with the United States Post Office, by
registered or certified mail, postage prepaid and addressed to the party to be notified at the address indicated for such party on the signature page hereof, or at such other address as such party may designate by 10 days’ advance written
notice to the other parties. 
 5.6 Finder’s Fee. Except for any payments by the Company to Roth Capital Partners,
LLC in connection with the Closing, each party represents that it neither is nor will be obligated for any finders’ fee or commission in connection with this transaction. Each Investor agrees to indemnify and to hold harmless the Company from
any liability for any commission or compensation in the nature of a finders’ fee (and the costs and expenses of defending against such liability or asserted liability) for which such Investor or any of its officers, partners, employees, or
representatives is responsible. The Company agrees to indemnify and hold harmless each Investor from any liability for any commission or compensation in the nature of a finders’ fee (and the costs and expenses of defending against such
liability or asserted liability) for which the Company or any of its officers, employees or representatives is responsible. 

5.7 Amendments and Waivers. Any term of this Agreement may be amended and the observance of any term of this Agreement may be
waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of the Company and each Investor. 
 5.8 Severability. If one or more provisions of this Agreement are held to be unenforceable under applicable law, such provision shall be excluded from this Agreement and the balance of the
Agreement shall be interpreted as if such provision were so excluded and shall be enforceable in accordance with its terms. 

5.9 Entire Agreement. This Agreement and the other documents referred to herein constitute the entire agreement among the parties
and no party shall be liable or bound to any other party in any manner by any warranties, representations, or covenants except as specifically set forth herein or therein. 

  
 7. 

 IN WITNESS WHEREOF, the parties hereto
have executed this Common Stock Purchase Agreement as of the day and year first above written. 
  

			
	U.S. AUTO PARTS NETWORK, INC.
		
	By:	 	  /s/ Shane Evangelist

		
	Name:	 	Shane Evangelist
		
	Title:	 	Chief Executive Officer

			
		
	Address:	 	16941 Keegan Avenue
		 	Carson, CA 90746

 [INVESTOR SIGNATURE PAGES TO COMMON STOCK PURCHASE AGREEMENT] 

IN WITNESS WHEREOF, the parties hereto have executed this Common Stock Purchase
Agreement as of the day and year first above written. 
  

			
	Name of Investor:	  	William Blair & Company, LLC

			
		
	Signature of Authorized Signatory of Investor:	  	     /s/ Mike
Balkin

			
		
	Name of Authorized Signatory:	  	     Mike
Balkin

			
		
	Title of Authorized Signatory:	  	     Portfolio
Manager

			
		
	Email Address of Authorized Signatory:	  	  

			
		
	Facsimile Number of Authorized Signatory:	  	  

		
	Address for Notice of Investor:	  	

 Address for Delivery of Shares for Investor (if not same as address for notice): 

Number of Shares of Common Stock to Be Purchased: 2,050,000 
 Total Purchase Price: $2,234,500EX-10.15

 Exhibit 10.15 
 COMPOSITE EMPLOYMENT AGREEMENT 
 EMPLOYMENT AGREEMENT, dated as of
January 23, 2003, and amended as of August 22, 2004, September 1, 2007, December 26, 2007, May 25, 2011 and October 4, 2012, (as amended, the “Agreement”), between STERLING JEWELERS INC., a Delaware corporation (the
“Company”), and ROBERT D. TRABUCCO (the “Executive”). 
 W I T N E S S E T H : 

WHEREAS, the Company is engaged in the business of operating a chain of retail jewelry stores in the United States (the
“Business”); and 
 WHEREAS, the Company desires to engage the services of the Executive in the capacity of Executive
Vice President-Finance and Chief Financial Officer of the Company, and the Executive desires to provide such services in such capacity to the Company, on the terms and subject to the conditions set forth in this Agreement; 

NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants and obligations hereinafter set forth, the parties hereto,
intending to be legally bound, hereby agree as follows: 
 1. Employment and Term. 

(a) The Company hereby employs the Executive, and the Executive hereby accepts employment by the Company, in the capacities and on the
terms and subject to the conditions set forth herein from February 3, 2003 until the date this Agreement is terminated by the Company or by the Employee pursuant to the terms of this Agreement (the “Term of Employment”). 

(b) The Company may terminate this Agreement at any time by notifying the Executive in writing. In the event the Company terminates this
Agreement pursuant to this Section 1(b), the Company shall be obligated to (i) pay the Executive his Base Salary (as defined 

 
in Section 3 below) in effect at the effective date of termination prorated to such date of termination, (ii) pay Executive for any Annual Bonus (as defined in Section 3 below)
(which amount shall be paid during the period commencing on the 15th of April and ending on the 31st of May following the end of the applicable fiscal year of Signet Group plc (“Signet”)) and/or Long Term Bonus (as defined in
Section 3 below) (which amount shall be paid in accordance with the long term incentive plan for executive officers then in effect, as approved by the Signet Compensation Committee) earned by Executive for a completed fiscal year (or, in the
case of the Long Term Bonus, a completed three-year fiscal period) prior to the effective date of such termination but which remain unpaid as of the date of termination, (iii) pay Executive the pro-rata portion of the Annual Bonus for which he
was then eligible as of the date of termination for the then current fiscal year (which amount shall be paid during the period commencing on the 15th of April and ending on the 31st of May following the end of the applicable fiscal year of Signet),
(iv) pay Executive for any vacation days for the current year earned but not used by the Executive (“Unused Vacation Days”), and (v) continue to pay to the Executive his Base Salary in effect on the last date of Executive’s
employment for twelve (12) months following such last date of employment, in accordance with the Company’s standard payroll practices for executive officers, with each such payment hereby designated a separate payment. The Executive shall
continue to have the obligations provided for in Sections 6 and 7 hereof. 
 (c) The Term of Employment, may also be terminated
by the Executive for any reason other than Good Reason (as defined in Section 1(d) below) at any time upon 90 days prior written notice to the Company. Upon such termination, the Company shall have no further obligations hereunder except
(i) to pay the Executive his Base Salary in effect at the effective date of such termination prorated to such date of termination, with each such payment hereby 

  
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designated a separate payment, (ii) to pay Executive for any Annual Bonus (which amount shall be paid during the period commencing on the 15th of April and ending on the 31st of May
following the end of the applicable fiscal year of Signet) and/or Long Term Bonus (which amount shall be paid in accordance with the long term incentive plan for executive officers then in effect, as approved by the Signet Compensation Committee)
earned by Executive for a completed fiscal year (or, in the case of the Long Term Bonus, a completed three-year fiscal period) prior to the effective date of such termination but which remain unpaid as of the date of termination, and (iii) to
pay Executive for any Unused Vacation Days. The Executive shall continue to have the obligations provided in Sections 6 and 7 hereof 
 (d) The Term of Employment may also be terminated by the Executive for Good Reason (as hereafter defined) upon 60 days prior written notice to the Company. For purposes hereof, “Good Reason”
shall mean any of the following: (i) a reduction of the Executive’s Base Salary in effect at any time; (ii) any material reduction in Executive’s compensatory benefits (other than Base Salary) described in this Agreement if such
reduction does not similarly apply to the Company’s other executive vice presidents; (iii) (A) the removal of Executive from the position of the Company’s chief financial officer, or (B) changing Executive’s reporting
relationship such that he is directed to report to anyone other than the Company’s chief executive officer; or (iv) a change in the principal location of the Executive’s employment to a location beyond a 50 mile radius from the
Company’s current offices in Akron, Ohio. 
 In the event the Executive terminates this Agreement pursuant to this
Section 1(d), the Executive shall have no further obligations under this Agreement other than the obligations provided for in Sections 6 and 7 hereof, and the Company shall be obligated to:
(i)

  
 3 

 
pay Executive his Base Salary in effect at the effective date of termination prorated to such date of termination; (ii) pay Executive for any Annual Bonus (which amount shall be paid during
the period commencing on the 15th of April and ending on the 31st of May following the end of the applicable fiscal year of Signet) and/or Long Term Bonus (which amount shall be paid in accordance with the long term incentive plan for executive
officers then in effect, as approved by the Signet Compensation Committee) earned by Executive for a completed fiscal year (or, in the case of the Long Term Bonus, a completed three-year fiscal period) prior to the effective date of such termination
but which remain unpaid as of the date of termination; (iii) pay Executive the pro-rata portion of the Annual Bonus for which he was then eligible as of the date of termination for the then current fiscal year (which amount shall be paid during
the period commencing on the 15th of April and ending on the 31st of May following the end of the applicable fiscal year of Signet), (iv) pay Executive for his Unused Vacation Days, if any and (v) continue to pay to the Executive his Base
Salary in effect on the last date of Executive’s employment for twelve (12) months following such last date of employment in accordance with the Company’s standard payroll practices for executive officers, with each such payment
hereby designated a separate payment. 
 2. Duties. The Executive shall report to the Chief Executive Officer of the
Company. The Executive shall serve the Company faithfully and to the best of his ability in such capacities, as determined by the Chief Executive Officer of the Company, devoting substantially all of his business time, attention, knowledge, energy
and skills to such employment, provided, however, that the Executive may continue as a non-executive director of Roche Brothers, Inc. In addition, if elected, the Executive shall also serve during any part of the Term of Employment as any other
officer or a director of the Company or any subsidiary corporation or parent 

  
 4 

 
corporation of the Company, without any compensation therefor other than as specified in this Agreement. 
 3. Compensation and Benefits. As full and complete compensation to the Executive for his execution and delivery of this Agreement and performance of the services required hereunder, the Company
shall pay, grant or provide to the Executive, and the Executive agrees to accept: 
 (a) (i) a base salary, payable in
accordance with the Company’s standard payroll practices for executive officers, of $560,000 per annum (“Base Salary”), to be reviewed annually for possible salary increases in accordance with the practices of the Company for
reviewing executive compensation; (ii) an annual bonus (the “Annual Bonus”) of up to 100% of Base Salary, in accordance with the bonus plan then in effect for executive officers of the Company, as approved by the Signet Compensation
Committee, which Annual Bonus shall be paid during the period commencing on the 15th of April and ending on the 31st of May following the end of the applicable fiscal year of Signet; (iii) a long term incentive bonus of up to 70% of Base
Salary, to be paid upon the conclusion of the performance period in accordance with the long term incentive plan for executive officers then in effect as approved by the Signet Compensation Committee (the “Long Term Bonus”) and
(iv) the Executive shall be considered annually for stock option awards, restricted stock and/or other stock-based awards (as determined in the sole discretion of the Signet Compensation Committee) in accordance with the Signet Jewelers Limited
Omnibus Incentive Plan or the equity incentive plan for executive officers then in effect and on such other terms as determined by the Signet Compensation Committee. 

  
 5 

 (b) Medical/dental, long-term and short-term disability and life insurance benefits made
available generally from time to time to executive officers of the Company. 
 (c) Such deferred compensation benefits as may be
made available generally from time to time to executive officers of the Company upon the authorization and approval of the Signet Compensation Committee. 
 (d) Five weeks paid vacation per year or such greater amount as provided for in the policies and procedures of the Company as in effect from time to time for executive officers, which vacation shall be
earned in accordance with such policies and procedures. 
 (e) Such other perquisites and benefits as may be made available
generally from time to time by the Company to executive officers of the Company. 
 No payments or benefits provided under this
Section 3 in respect of one taxable year shall affect the amounts payable in any other taxable year. No benefit or payment due to the Executive under this Section 3 shall be subject to liquidation or exchange for another benefit. Any
reimbursements made to the Executive pursuant to this Agreement or otherwise shall be paid no later than the last day of the year following the year in which the expense was incurred. 

4. Termination. 
 (a) Disability. In the event of any physical or mental disability during the Term of Employment which renders the Executive incapable of performing the services required of him for any period or
periods aggregating six months during any twelve-month period, the Company shall have the right, upon written notice to the Executive, to terminate the Executive’s employment hereunder, effective upon the giving of such notice (or such later
date as shall be specified in such notice). Upon such termination, the Company shall have no further obligations hereunder, except to (i) pay the Executive his Base Salary to the effective date of termination,
(ii)

  
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pay the Executive for any Annual Bonus (which amount shall be paid during the period commencing on the 15th of April and ending on the 31st of May following the end of the applicable fiscal year
of Signet) and/or Long Term Bonus (which amount shall be paid in accordance with the long term incentive plan for executive officers then in effect, as approved by the Signet Compensation Committee) earned by Executive for a completed fiscal year
(or, in the case of the Long Term Bonus, a completed three-year fiscal period) prior to the effective date of such termination but which remain unpaid as of the date of termination, (iii) pay the Executive the pro-rata portion of the Annual
Bonus for which he was then eligible through the date of termination for the then current fiscal year (which amount shall be paid during the period commencing on the 15th of April and ending on the 31st of May following the end of the applicable
fiscal year of Signet) and (iv) provide the Executive any other benefits to which the Executive may otherwise have been entitled. For purposes of this Section 4(a), the Executive’s physical or mental disability shall be determined in
accordance with any disability plan of or applicable to the Company that is then in effect. The Executive shall continue to have the obligations provided for in Sections 6 and 7 hereof. 

(b) Death. In the event of the death of the Executive during the Term of Employment, this Agreement shall automatically terminate
and the Company shall have no further obligations hereunder, except to (i) pay the Executive’s estate the Base Salary in effect at the time of the Executive’s death through the date of death and for six (6) months following such
date, (ii) pay the Executive’s estate for any Annual Bonus (which amount shall be paid during the period commencing on the 15th of April and ending on the 31st of May following the end of the applicable fiscal year of Signet) and/or Long
Term Bonus (which amount shall be paid in accordance with the long term incentive plan for executive officers then in effect, as approved by 

  
 7 

 
the Signet Compensation Committee) earned by Executive for a completed fiscal year (or, in the case of the Long Term Bonus, a completed three-year fiscal period) prior to the date of death but
which remain unpaid as of the date of death and (iii) pay the Executive’s estate the pro rata portion of the Annual Bonus for which he was then eligible through the date of death for the then current fiscal year (which amount shall be paid
during the period commencing on the 15th of April and ending on the 31st of May following the end of the applicable fiscal year of Signet). 
 (c) Cause. The Company shall have the right, upon written notice to the Executive, to terminate the Executive’s employment under this Agreement for Cause (as hereinafter defined), effective
upon the giving of such notice (or such later date as shall be specified in such notice), and the Company shall have no further obligations hereunder, except to (i) pay the Executive his Base Salary prorated to the effective date of termination
and (ii) pay the Executive for any Annual Bonus (which amount shall be paid during the period commencing on the 15th of April and ending on the 31st of May following the end of the applicable fiscal year of Signet) and/or Long Term Bonus (which
amount shall be paid in accordance with the long term incentive plan for executive officers then in effect, as approved by the Signet Compensation Committee) earned by Executive for a completed fiscal year (or, in the case of the Long Term Bonus, a
completed three-year fiscal period) prior to the effective date of such termination but which remain unpaid as of the date of termination. The Executive shall continue to have the obligations provided in Sections 6 and 7 hereof. 

For purposes of this Agreement, “Cause” means: 
 (i) fraud, embezzlement, gross insubordination on the part of the Executive or any act of moral turpitude or misconduct (which misconduct adversely affects the business or reputation of the Company) by
the Executive; 

  
 8 

 (ii) conviction of or the entry of a plea of nolo contendere by the Executive for any
felony; or 
 (iii) (A) a material breach by the Executive of his duties, responsibilities or obligations under this Agreement
that is not corrected within 30 days following written notice thereof to the Executive by the Company or (B) the willful failure or refusal by the Executive to perform and discharge a specific directive issued to Executive by the Company’s
Board of Directors or Chief Executive Officer within 48 hours following written notice thereof to the Executive by the Company. 

(d) Constructive Termination; Change of Control. If there is a Constructive Termination (as hereinafter defined) of the Executive,
the Executive shall have the right by written notice to the Company within 60 days of such Constructive Termination to terminate his employment hereunder, in which event the Executive shall have no further obligations under this Agreement other than
the obligations provided for in Sections 6 and 7 hereof, and the Company shall be obligated to (i) pay Executive his Base Salary in effect at the effective date of termination prorated to such date of termination; (ii) pay Executive for
any Annual Bonus (which amount shall be paid during the period commencing on the 15th of April and ending on the 31st of May following the end of the applicable fiscal year of Signet) and/or Long Term Bonus (which amount shall be paid in accordance
with the long term incentive plan for executive officers then in effect, as approved by the Signet Compensation Committee) earned by Executive for a completed fiscal year (or, in the case of the Long Term Bonus, a completed three-year fiscal period)
prior to the effective date of such termination but which remain unpaid as of the date of termination; (iii) pay Executive the pro-rata portion of the Annual Bonus for which he was then eligible as of the date of termination for the then
current fiscal year (which amount 

  
 9 

 
shall be paid during the period commencing on the 15th of April and ending on the 31st of May following the end of the applicable fiscal year of Signet), (iv) pay Executive for his Unused
Vacation Days, if any and (iv) continue to pay to the Executive his Base Salary in effect on the last date of Executive’s employment for twelve (12) months following such last date of employment in accordance with the Company’s
standard payroll practices for executive officers. 
 For purposes hereof, “Change of Control” shall mean the
occurrence of any one of the following events (a) the sale of all or a majority of the assets or capital stock of the Company or Signet to any unrelated third party, (b) the consummation of any merger or consolidation of the Company or
Signet with an unrelated third party (it being understood that a capital reconstruction of Signet approved by the Board of Directors of Signet would not constitute such a transaction) or (c) a change in the Board of Directors of Signet so that
during any period of two (2) consecutive years, the individuals who at the beginning of such period constitute the Board of Directors or any individuals who would be “Continuing Directors” (as hereinafter defined) cease for any reason
to constitute a majority thereof. 
 For purposes of this Agreement, a “Constructive Termination” means the occurrence
of any of the following events within one year of a “Change of Control”: (i) a reduction of the Executive’s Base Salary in effect at any time; (ii)any material reduction in Executive’s compensatory benefits (other than Base
Salary) described in this Agreement (if such other compensatory benefits are not replaced by similar compensatory benefits of substantially equivalent economic value); (iii) a material and adverse change in the Executive’s position,
responsibilities and/or duties for the Company (including, without limitation (A) the removal of Executive from the position of the Company’s chief financial officer, or (B) changing the Executive’s reporting relationship such
that he is directed to report to anyone other than the 

  
 10 

 
Company’s chief executive officer); (iv) a change in the principal location of the Executive’s employment to a location beyond a 50 mile radius from the Company’s current
offices in Akron, Ohio; or (v) a material breach by the Company of its obligations to Executive under this Agreement, which breach remains uncured for 30 days following notice thereof provided by Executive to the Company. 

For the purposes of this Agreement, “Continuing Directors” shall mean the directors of Signet in office on the date hereof and
any successor to any such director and any additional director who, after the date hereof (i) was nominated or selected by a majority of the Continuing Directors in office at the time of his nomination or selection and (ii) is not an
“affiliate” or “associate” (as defined in regulation 12b of the Securities and Exchange Act of 1934, as amended) at the time of his nomination or selection of any person who is the beneficial owner, directly or indirectly, of
securities representing ten percent (10%) or more of the combined voting power of Signet’s outstanding securities then entitled ordinarily to vote for the election of directors. 

5. Resignation upon Termination. Upon the termination of the Executive’s employment hereunder for any reason, the Executive
shall immediately be deemed to resign, and shall resign, from all offices and directorships held by him in the Company or any of its subsidiaries or affiliates and shall execute any and all documents reasonably necessary to effect such resignations
as requested by the Company. 
 6. Confidentiality; Ownership of Developments. (a) During the Term of Employment and
for any time thereafter, the Executive shall keep secret and retain in strictest confidence and not divulge, disclose, discuss, copy or otherwise use or suffer to be used in any manner, except in connection with the Business of the Company and of
any of the subsidiaries or 

  
 11 

 
affiliates of the Company, any trade secrets, confidential or proprietary information and documents or materials owned, developed or possessed by the Company or any of the subsidiaries or
affiliates of the Company pertaining to the Business of the Company or any of the subsidiaries or affiliates of the Company; provided that such information referred to in this Section 6(a) shall not include information that is or has become
generally known to the public or the jewelry trade without violation of this Section 6. 
 (b) The Executive acknowledges
that all developments, including, without limitation, inventions (patentable or otherwise), discoveries, improvements, patents, trade secrets, designs, reports, computer software, flow charts and diagrams, data, documentation, writings and
applications thereof relating to the Business or planned business of the Company or any of the subsidiaries or affiliates of the Company that, alone or jointly with others, the Executive may create, make, develop or acquire during the Term of
Employment (collectively, the “Developments”) are works made for hire and shall remain the sole and exclusive property of the Company and the Executive hereby assigns to the Company all of his right, title and interest in and to all such
Developments. 
 (c) The provisions of this Section 6 shall, without any limitation as to time, survive the expiration or
termination of the Executive’s employment hereunder, irrespective of the reason for any termination. 
 7. Covenants Not
to Solicit and Not to Compete. The Executive agrees that during the Term of Employment and for a period of two years with respect to (a) below and one year with respect to (b) below, commencing upon the expiration or termination of
Executive’s employment, the Executive shall not, directly or indirectly, without the prior written consent of the Company: 

  
 12 

 (a) solicit, entice, persuade or induce any employee, consultant, agent or independent
contractor of the Company or of any of the subsidiaries or affiliates of the Company to terminate his or her employment or engagement with the Company or such subsidiary or affiliate, to become employed by any person, firm or corporation other than
the Company or such subsidiary or affiliate or approach any such employee, consultant, agent or independent contractor for any of the foregoing purposes; or 
 (b) directly or indirectly own, manage, control, invest or participate in any way in, consult with or render services to or for any person or entity (other than for the Company or any of the subsidiaries
or affiliates of the Company) which is primarily engaged in the retail jewelry business (“primarily” meaning having a product mix consisting of 25% or more jewelry sales per year); provided, however, that the restrictions of
this Section 7(b) shall not extend to the ownership, management or control of a retail jewelry business by the Executive following the termination of his employment with the Company provided that such activity is no less than sixty
(60) miles distant from any retail jewelry store of the Company at the time of such termination of employment; provided that notwithstanding the foregoing, the Executive shall be entitled to own up to 1% of any class of outstanding securities
of any company whose common stock is listed on a national securities exchange or included for trading on the NASDAQ Stock Market. 
 8. Specific Performance. The Executive acknowledges that the services to be rendered by the Executive are of a special, unique and extraordinary character and, in connection with such services, the
Executive will have access to confidential information vital to the Company’s Business and the subsidiaries and affiliates of the Company. By reason of this, the Executive consents and agrees that if the Executive violates any of the provisions
of Sections 6 or 7 hereof, the Company and the subsidiaries and affiliates of the Company would sustain 

  
 13 

 
irreparable injury and that monetary damages will not provide adequate remedy to the Company and that the Company shall be entitled to have Sections 6 or 7 specifically enforced by any court
having equity jurisdiction. Nothing contained herein shall be construed as prohibiting the Company or any of the subsidiaries or affiliates of the Company from pursuing any other remedies available to it for such breach or threatened breach,
including the recovery of damages from the Executive. 
 9. No Conflicting Obligations. Executive represents and warrants
to the Company that he is not under any obligation to any person, firm or corporation, other than the Company, and has no other interest which is inconsistent or in conflict with this Agreement, or which would prevent, limit, or impair, in any way,
Executive’s performance of any of the covenants or duties hereinabove set forth. 
 10. Entire Agreement. This
Agreement embodies the entire agreement of the parties with respect to the Executive’s employment and supersedes any other prior oral or written agreements, arrangements or understandings between the Executive and the Company. This Agreement
may not be changed or terminated orally but only by an agreement in writing signed by the parties hereto. 
 11. Governing
Law; Jurisdiction. 
 (a) This Agreement shall be subject to, and governed by, the laws of the State of Ohio applicable to
contracts made and to be performed therein. 
 (b) Any action to enforce any of the provisions of this Agreement shall be brought
in a court of the State of Ohio located in Summit County or in a Federal court located in Cleveland, Ohio. The parties consent to the jurisdiction of such courts and to the service of process in any manner provided by Ohio law. Each party
irrevocably waives any objection 

  
 14 

 
which it may now or hereafter have to the venue of any such suit, action or proceeding brought in such court. 
 (c) The prevailing party in any action to enforce any of the provisions of this Agreement shall be entitled to reimbursement from the other party for its or his costs and expenses (including attorneys
fees and expenses) incurred in connection with such action. 
 12. Assignability. The obligations of the parties hereto
may not be delegated and neither party may, without the prior written consent of the other party, assign, transfer, convey, pledge, encumber, hypothecate or otherwise dispose of this Agreement or any interest herein, except as hereafter provided.
Any such attempted delegation or disposition shall be null and void and without effect. The Company and the Executive agree that this Agreement and all of the Company’s rights and obligations hereunder may be assigned or transferred by the
Company to, and shall be assumed by and binding upon, any successor to the Company. The term “successor” means, with respect to the Company or any of its subsidiaries, any corporation or other business entity which by merger,
consolidation, purchase of the assets or otherwise, including after a Change of Control, acquires all or a material part of the business or assets of the Company. 
 13. Severability. If any provision of this Agreement or any part thereof, including, without limitation, Sections 6 and 7, as applied to either party or to any circumstances shall be adjudged by a
court of competent jurisdiction to be void or unenforceable, the same shall in no way affect any other provision of this Agreement or remaining part thereof, which shall be given full effect without regard to the invalid or unenforceable part
thereof, or the validity or enforceability of this Agreement. 

  
 15 

 If any court construes any of the provisions of Section 6 or 7, or any part thereof, to
be unreasonable because of the duration of such provision or the geographic scope thereof, such court may reduce the duration or restrict or redefine the geographic scope of such provision and enforce such provision as so reduced, restricted or
redefined. 
 14. Notices. All notices to the company or the Executive permitted or required hereunder shall be in writing
and shall be delivered personally, by telecopier or by courier service providing for next-day delivery or sent by registered or certified mail, return receipt requested, to the following addresses: 

The Company: 

Sterling Jewelers Inc. 
 375 Ghent Road 
 Akron, Ohio 44333 

Fax: (330) 668-5544 
 Attn: Chief Executive Officer 
 with a copy to: 

Weil, Gotshal & Manges LLP 
 767 Fifth Avenue 
 New York, New York 10153 

Fax: (212) 310-8007 
 Attn: Andrea A. Bernstein, Esq. 
 The Executive: 

Robert D. Trabucco 
 Sterling Jewelers Inc. 
 375 Ghent Road 

Akron, Ohio 44333 

Fax: (330) 668-5191 
 Attn: Robert D. Trabucco 

  
 16 

 with a copy to: 
 Goodwin Procter, 
 LLP Exchange Place 

Boston, Massachusetts 02109 
 Fax: (617) 523-1231 
 Attn: Kevin M. Dennis, P.C. 

Either party may change the address to which notices shall be sent by sending written notice of such change of address to the other party. Any such
notice shall be deemed given, if delivered personally, upon receipt; if telecopied, when telecopied; if sent by courier service providing for next-day delivery, the next business day following deposit with such courier service; and if sent by
certified or registered mail, three days after deposit (postage prepaid) with the United States mail service. 
 15.
Compliance with Code Section 409A. To the extent applicable, this Agreement shall be interpreted in accordance with Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), and Department of Treasury
regulations and other interpretive guidance issued thereunder, including without limitation any such regulations or other guidance that may be issued after the Execution Date. Notwithstanding any provision of the Agreement to the contrary,
(i) if at the time of the Executive’s termination of employment with the Company the Executive is a “specified employee” as defined in Section 409A of the Code and related Department of Treasury guidance and the deferral of
the commencement of any payments or benefits otherwise payable hereunder as a result of such termination of employment is necessary in order to prevent any accelerated or additional tax under Section 409A of the Code, then the Company may defer
the commencement of any such payments or benefits hereunder (without any reduction in such payments or benefits ultimately paid or provided to the Executive) until the date that is six months following the Executive’s termination of employment
with the Company (or the earliest date as is permitted under Section 409A of the Code) and (ii) if any other 

  
 17 

 
payments of money or other benefits due to the Executive hereunder could cause the application of an accelerated or additional tax under Section 409A of the Code, the Company may
(a) adopt such amendments to the Agreement, including amendments with retroactive effect, that the Company determines necessary or appropriate to preserve the intended tax treatment of the benefits provided by the Agreement and/or (b) take
such other actions as the Company determines necessary or appropriate to comply with the requirements of Section 409A of the Code and related Department of Treasury guidance. The Company shall consult with the Executive in good faith regarding
the implementation of this Section 15; provided that neither the Company nor any of its employees or representatives shall have any liability to the Executive with respect thereto. 

16. Paragraph Headings. The paragraph headings contained in this Agreement are for reference purposes only and shall not affect in
any way the meaning or interpretation of this Agreement. 
 17. Counterparts. This Agreement may be executed in one or
more counterparts, each of which shall be deemed to be an original, but all of which taken together shall constitute one and the same instrument. 

  
 18 

 IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of the date
first written above. 
  

			
	STERLING JEWELERS INC.
		
	By:	 	  

	Name:	 	
	Title:	 	
		
		 	  

		 	ROBERT D. TRABUCCO

  
 19

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