Document:

EX-10.9.2

 Exhibit 10.9.2 

FORM OF INDEMNIFICATION AGREEMENT 

THIS INDEMNIFICATION AGREEMENT (the “Agreement”) is made and entered into as of July     , 2015
between Ollie’s Bargain Outlet Holdings, Inc. (formerly known as Bargain Holdings, Inc.), a Delaware corporation (the “Holdings”), Ollie’s Bargain Outlet, Inc., a Pennsylvania corporation
(“Ollie’s”, and together with Holdings, the “Companies” and each a “Company”), and [●] (“Indemnitee”). Capitalized terms not defined elsewhere
in this Agreement shall have the meanings ascribed to them in Section 16 herein. 
 WHEREAS, highly competent persons have
become more reluctant to serve corporations as directors in other capacities unless they are provided with adequate protection through insurance or adequate indemnification against inordinate risks of claims and actions against them arising out of
their service to and activities on behalf of the corporation; 
 WHEREAS, the board of directors of each of Holdings (the
“Holdings Board”) and Ollie’s (the “Ollie’s Board” and collectively with the Holdings Board, the “Boards”), have determined that, in order to attract and retain
qualified individuals, the Companies will attempt to maintain on an ongoing basis, at their sole expense, liability insurance to protect persons serving the Companies and their Subsidiaries from certain liabilities. Although the furnishing of such
insurance has been a customary and widespread practice among United States-based corporations and other business enterprises, the Companies believe that, given current market conditions and trends, such insurance may be available to them in the
future only at higher premiums and with more exclusions. At the same time, directors, officers, and other persons in service to corporations or business enterprises are being increasingly subjected to expensive and time-consuming litigation relating
to, among other things, matters that traditionally would have been brought only against the Companies or business enterprises themselves. The Second Amended and Restated Certificate of Incorporation of Holdings, as amended from time to time, the
Second Amended and Restated Bylaws of Holdings, as amended from time to time (collectively, the “Holdings Governing Documents”), the Certificate of Incorporation of Ollie’s, as amended from time to time, and the Bylaws
of Ollie’s, as amended from time to time (collectively with the Holdings Governing Documents, the “Governing Documents”), require or permit indemnification of the officers and directors of the Companies. Indemnitee may
also be entitled to indemnification pursuant to the General Corporation Law of the State of Delaware (“DGCL”) and the Business Corporation Law of 1988 of the Commonwealth of Pennsylvania (“BCLCP”). The
Governing Documents and the DGCL and BCLCP expressly provide that the indemnification provisions set forth therein are not exclusive, and thereby contemplate that contracts may be entered into between either Company and members of the boards of
directors, officers and other persons with respect to indemnification; 
 WHEREAS, the uncertainties relating to such insurance and to
indemnification have increased the difficulty of attracting and retaining such persons; 
 WHEREAS, the Boards have determined that the
increased difficulty in attracting and retaining such persons is detrimental to the best interests of each Company’s stockholders and that the Companies should act to assure such persons that there will be increased certainty of such protection
in the future; 
 WHEREAS, it is reasonable, prudent and necessary for each Company to obligate itself to indemnify, hold harmless and
exonerate and to advance expenses on behalf of, such persons to the fullest extent permitted by applicable law so that they will serve or continue to serve the Companies free from undue concern that they will not be so indemnified; 

 WHEREAS, this Agreement is a supplement to and in furtherance of the Governing Documents (as
amended from time to time) and any resolutions adopted pursuant thereto, and shall not be deemed a substitute therefor, nor to diminish or abrogate any rights of Indemnitee thereunder; 

WHEREAS, Indemnitee does not regard the protection available under the Governing Documents and insurance as adequate in the present
circumstances, and may not be willing to serve as a director without adequate protection, and the Companies desire Indemnitee to serve in such capacity. Indemnitee is willing to serve, continue to serve and to take on additional service for or on
behalf of either Company on the condition that he be so indemnified; and 
 WHEREAS, Indemnitee has certain rights to indemnification and/or
insurance provided by CCMP Capital Advisors, LLC, a Delaware limited liability company or its affiliated investment funds ( “CCMP”) which Indemnitee and CCMP intend to be secondary to the primary obligation of the Companies
to indemnify, hold harmless and exonerate Indemnitee as provided herein, with each Company’s acknowledgement and agreement to the foregoing being a material condition to Indemnitee’s willingness to serve on the Boards. 

NOW, THEREFORE, in consideration of Indemnitee’s agreement to serve as a director from and after the date hereof, the parties hereto
agree as follows: 
 TERMS AND CONDITIONS 

1. Services to the Companies. The parties acknowledge that Indemnitee has Corporate Status. Nothing contained in this Agreement shall
be construed as giving Indemnitee any right to continue as a director of either Company or be retained in any capacity by either of the Companies or any of their Subsidiaries or affiliated entities. The foregoing notwithstanding, this Agreement
shall continue in force after Indemnitee’s Corporate Status with the Companies has ceased. 
 2. Indemnity of Indemnitee. The
Companies hereby agree to indemnify, hold harmless, exonerate and advance Expenses to Indemnitee to the fullest extent permitted by law, as such may be amended from time to time. In furtherance of the foregoing indemnification, and without limiting
the generality thereof: 
 (a) Proceedings Other Than Proceedings by or in the Right of Either of the Companies. The Companies shall
indemnify, hold harmless and exonerate Indemnitee in accordance with the provisions of this Section 2(a) if Indemnitee was, is, or is threatened to be made, a party to or a participant (as a witness or otherwise) in any Proceeding, other
than a Proceeding by or in the right of the Companies to procure a judgment in its favor. Pursuant to this Section 2, Indemnitee shall be indemnified, held harmless and exonerated to the fullest extent permitted by applicable law against
all Expenses, judgments, liabilities, fines, penalties and amounts paid in settlement (including, without limitation, all interest, assessments and other charges paid or payable in connection with or in respect of such Expenses, judgments, fines,
penalties and amounts paid in settlement) actually and reasonably incurred by Indemnitee or on his behalf in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in good faith and in a manner Indemnitee
reasonably believed to be in or not opposed to the best interests of the Companies and, in the case of a criminal Proceeding, had no reasonable cause to believe that his conduct was unlawful. 

(b) Proceedings by or in the Right of Either of the Companies. The Companies shall indemnify, hold harmless and exonerate Indemnitee in
accordance with the provisions of this Section 2(b) if Indemnitee was, is, or is threatened to be made, a party to or a participant (as a witness or otherwise) in any Proceeding by or in the right of the Companies to procure a judgment
in its favor. 

  
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Pursuant to this Section 2(b), Indemnitee shall be indemnified, held harmless and exonerated to the fullest extent permitted by applicable law against all Expenses actually and
reasonably incurred by him or on his behalf in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of
the Companies. No indemnification, hold harmless or exoneration for Expenses shall be made under this Section 2(b) in respect of any claim, issue or matter as to which Indemnitee shall have been finally adjudged by a court to be liable
to the Companies, unless and only to the extent that any court in which the Proceeding was brought or the Delaware Court shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case,
Indemnitee is fairly and reasonably entitled to indemnification, to be held harmless or to exoneration. 
 (c) Indemnification for
Expenses of a Party Who is Wholly or Partly Successful. Notwithstanding any other provisions of this Agreement, to the fullest extent permitted by applicable law and to the extent that Indemnitee is a party to (or a participant in) and is
successful, on the merits or otherwise, in any Proceeding or in defense of any claim, issue or matter therein, in whole or in part, the Companies shall indemnify, hold harmless and exonerate Indemnitee against all Expenses actually and reasonably
incurred by him in connection therewith. If Indemnitee is not wholly successful in such Proceeding but is successful, on the merits or otherwise, as to one or more but less than all claims, issues or matters in such Proceeding, the Companies shall
indemnify, hold harmless and exonerate Indemnitee against all Expenses reasonably incurred by him or on his behalf in connection with each successfully resolved claim, issue or matter to the fullest extent permitted by law. If Indemnitee is not
wholly successful in such Proceeding, the Companies also shall indemnify, hold harmless and exonerate Indemnitee against all Expenses reasonably incurred in connection with a claim, issue or matter related to any claim, issue, or matter on which
Indemnitee was successful. For purposes of this Section 2 and without limitation, the termination of any claim, issue or matter in such a Proceeding by dismissal, with or without prejudice, shall be deemed to be a successful result as to such
claim, issue or matter. 
 (d) Partial Indemnification. If Indemnitee is entitled under any provision of this Agreement to
indemnification by the Companies for some or a portion of Expenses, but not, however, for the total amount thereof, the Companies shall nevertheless indemnify, hold harmless and exonerate Indemnitee for the portion thereof to which Indemnitee is
entitled. 
 3. Additional Indemnity. In addition to, and without regard to any limitations on, the indemnification provided for in
Section 2 of this Agreement, the Companies shall and hereby do indemnify, hold harmless and exonerate Indemnitee against all Expenses, judgments, penalties, fines and amounts paid in settlement actually and reasonably incurred by him or
on his behalf if, by reason of his Corporate Status, he is, or is threatened to be made, a party to or participant in any Proceeding (including a Proceeding by or in the right of either of the Companies), including, without limitation, all liability
arising out of the negligence or active or passive wrongdoing of Indemnitee. The only limitation that shall exist upon the Companies’ obligations pursuant to this Agreement shall be that the Companies shall not be obligated to make any payment
to Indemnitee (a) that is subject to the exception set forth in Section 12, or (b) that is finally determined (under the procedures, and subject to the presumptions, set forth in Sections 8 and 9 hereof) to be
unlawful. 
 4. Contribution. 

(a) Whether or not the indemnification provided in Sections 2 and 3 hereof is available, in respect of any threatened, pending
or completed action, suit or proceeding in which either Company is jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), the Companies shall pay, in the first instance, the entire amount of any judgment or
settlement of such action, suit or proceeding without requiring Indemnitee to contribute to such payment and the Companies hereby 

  
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waive and relinquish any right of contribution it may have against Indemnitee. The Companies shall not, without Indemnitee’s prior written consent, enter into any settlement of any action,
suit or proceeding in which the Companies are jointly liable with Indemnitee (in whole or in part) unless such settlement (i) provides for a full and final release of all claims asserted against Indemnitee and (ii) does not impose any
Expense, judgment, fine, penalty or limitation on Indemnitee (other than any monetary amounts payable by either Company or the directors’ and officers’ insurance of the Companies). 

(b) Without diminishing or impairing the obligations of the Companies set forth in the preceding subparagraph, if, for any reason, Indemnitee
shall elect or be required to pay all or any portion of any judgment or settlement in any threatened, pending or completed action, suit or proceeding in which either of the Companies is jointly liable with Indemnitee (or would be if joined in such
action, suit or proceeding), the Companies shall contribute to the amount of Expenses, judgments, fines and amounts paid in settlement actually and reasonably incurred and paid or payable by Indemnitee in proportion to the relative benefits received
by either of the Companies and all officers, directors or employees of such Company, other than Indemnitee, who are jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), on the one hand, and Indemnitee, on the
other hand, from the transaction from which such action, suit or proceeding arose; provided, however, that the proportion determined on the basis of relative benefit may, to the extent necessary to conform to law, be further adjusted
by reference to the relative fault of such Company and all officers, directors or employees of such Company other than Indemnitee who are jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), on the one hand, and
Indemnitee, on the other hand, in connection with the events that resulted in such Expenses, judgments, fines or settlement amounts, as well as any other equitable considerations which the Law may require to be considered. The relative fault of
either Company and all officers, directors or employees of such Company, other than Indemnitee, who are jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), on the one hand, and Indemnitee, on the other hand,
shall be determined by reference to, among other things, the degree to which their actions were motivated by intent to gain personal profit or advantage, the degree to which their liability is primary or secondary and the degree to which their
conduct is active or passive. 
 (c) The Companies hereby agree to fully indemnify, hold harmless and exonerate Indemnitee from any claims
of contribution which may be brought by officers, directors or employees of either Company, other than Indemnitee, who may be jointly liable with Indemnitee. 

(d) To the fullest extent permissible under applicable law, if the indemnification, hold harmless and/or exoneration rights provided for in
this Agreement are unavailable to Indemnitee in whole or in part for any reason whatsoever, the Companies, in lieu of indemnifying, holding harmless or exonerating Indemnitee, shall pay in the first instance, the entire amount incurred by
Indemnitee, whether for judgments, liabilities, fines, penalties, amounts paid or to be paid in settlement and/or for Expenses, in connection with any Proceeding without requiring Indemnitee to contribute to such payment, and the Companies hereby
waive and relinquishes any right of contribution it may have at any time against Indemnitee. 
 5. Indemnification for Expenses of a
Witness. Notwithstanding any other provision of this Agreement, to the fullest extent permitted by applicable law and to the extent that Indemnitee is, by reason of his Corporate Status, a witness or otherwise asked to participate in any
Proceeding to which Indemnitee is not a party, he or she shall be indemnified, held harmless and exonerated against all Expenses actually and reasonably incurred by him or on his behalf in connection therewith. 

  
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 6. Advancement of Expenses. 

(a) Notwithstanding any other provision of this Agreement, the Companies shall advance all Expenses incurred by or on behalf of Indemnitee in
connection with any Proceeding by reason of Indemnitee’s Corporate Status within twenty (20) days after the receipt by the Companies of a statement or statements from Indemnitee requesting such advance or advances from time to time,
whether prior to or after final disposition of such Proceeding. Advances shall be made without regard to Indemnitee’s ability to repay the Expenses and without regard to Indemnitee’s ultimate entitlement to be indemnified, held harmless or
exonerated under the other provisions of this Agreement. Advances shall include any and all reasonable Expenses incurred pursuing a Proceeding to enforce this right of advancement, including Expenses incurred preparing and forwarding statements to
the Companies to support the advances claimed. Indemnitee shall qualify for advances, to the fullest extent permitted by applicable law, upon the execution and delivery to the Companies of this Agreement, which shall constitute an undertaking
providing that Indemnitee undertakes to repay the amounts advanced (without interest) to the extent that it is ultimately determined that Indemnitee is not entitled to be indemnified by the Companies. No other form of undertaking shall be required
other than the execution of this Agreement. This Section 6 shall not apply to any claim made by Indemnitee for which an indemnification, hold harmless or exoneration payment is excluded pursuant to Section 8. 

(b) The Companies shall be entitled to participate in the Proceeding at their own cost and expense. 

(c) The Companies shall not, without Indemnitee’s prior written consent, settle any action, claim or Proceeding (in whole or in part)
unless such settlement provides for (i) a full and final release of all claims asserted against Indemnitee and, (ii) does not impose any Expense, judgment, fine, penalty or limitation on Indemnitee other than any monetary amounts payable
by either Company or the officers’ and directors’ insurance of the Companies. 
 7. Procedure for Notification and Application
for Indemnification. 
 (a) Indemnitee agrees to notify promptly the Companies in writing upon being served with any summons, citation,
subpoena, complaint, indictment, information or other document relating to any Proceeding or matter which may be subject to indemnification, hold harmless or exoneration rights or advancement of Expenses covered hereunder. The failure of Indemnitee
to so notify the Companies shall not relieve the Companies of any obligation which it may have to Indemnitee under this Agreement, or otherwise, and any delay in so notifying the Companies shall not constitute a waiver by Indemnitee of any rights
under this Agreement. 
 (b) Indemnitee may deliver to the Companies a written application to indemnify, hold harmless or exonerate
Indemnitee in accordance with this Agreement. Such application(s) may be delivered from time to time and at such time(s) as Indemnitee deems appropriate in Indemnitee’s sole discretion. Following such a written application for indemnification
by Indemnitee, Indemnitee’s entitlement to indemnification shall be determined according to Section 8(a) of this Agreement 

8. Procedures upon Application for Indemnification. 

(a) A determination, if required by applicable law, with respect to Indemnitee’s entitlement to indemnification shall be made in the
specific case by one of the following methods, which shall be at the election of Indemnitee: (i) by a majority vote of the Disinterested Directors, even though less than a quorum of the Holdings Board; (ii) by a committee of Disinterested
Directors designated by a majority vote of the Disinterested Directors, even though less than a quorum; or (iii) by Independent Counsel in a written opinion to the Boards, a copy of which shall be delivered to

  
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Indemnitee. The Companies promptly will advise Indemnitee in writing with respect to any determination that Indemnitee is or is not entitled to indemnification, including, without limitation, a
description of any reason or basis for which indemnification has been denied. If it is so determined that Indemnitee is entitled to indemnification, payment to Indemnitee shall be made within ten (10) days after such determination. Indemnitee
shall reasonably cooperate with the Person or Persons making such determination with respect to Indemnitee’s entitlement to indemnification, including, without limitation, providing to such Person or Persons upon reasonable advance request any
documentation or information which is not privileged or otherwise protected from disclosure and which is reasonably available to Indemnitee and reasonably necessary to such determination. Any costs or Expenses (including attorneys’ fees and
disbursements) incurred by Indemnitee in so cooperating with the person, persons or entity making such determination shall be borne by the Companies (irrespective of the determination as to Indemnitee’s entitlement to indemnification) and the
Companies hereby indemnifies and agrees to hold Indemnitee harmless therefrom. 
 (b) In the event the determination of entitlement to
indemnification is to be made by Independent Counsel pursuant to Section 8(a) hereof, the Independent Counsel shall be selected as provided in this Section 8(b). The Independent Counsel shall be selected by Indemnitee (unless
Indemnitee shall request that such selection be made by the Holdings Board), and Indemnitee shall give written notice to the Companies advising it of the identity of the Independent Counsel so selected and certifying that the Independent Counsel so
selected meets the requirements of “Independent Counsel” as defined in Section 16 of this Agreement. If the Independent Counsel is selected by the Holdings Board, the Companies shall give written notice to Indemnitee advising
him of the identity of the Independent Counsel so selected and certifying that the Independent Counsel so selected meets the requirements of “Independent Counsel” as defined in Section 16 of this Agreement. In either event,
Indemnitee or the Companies, as the case may be, may, within ten (10) days after such written notice of selection shall have been received, deliver to the Companies or to Indemnitee, as the case may be, a written objection to such selection;
provided, however, that such objection may be asserted only on the ground that the Independent Counsel so selected does not meet the requirements of “Independent Counsel” as defined in Section 16 of this Agreement, and the
objection shall set forth with particularity the factual basis of such assertion. Absent a proper and timely objection, the person so selected shall act as Independent Counsel. If such written objection is so made and substantiated, the Independent
Counsel so selected may not serve as Independent Counsel unless and until such objection is withdrawn or a court of competent jurisdiction has determined that such objection is without merit. If, within twenty (20) days after submission by
Indemnitee of a written request for indemnification pursuant to Section 7(a) hereof, no Independent Counsel shall have been selected and not objected to, either the Companies or Indemnitee may petition the Delaware Court for resolution
of any objection which shall have been made by the Companies or Indemnitee to the other’s selection of Independent Counsel and/or for the appointment as Independent Counsel of a person selected by the Delaware Court, and the person with respect
to whom all objections are so resolved or the person so appointed shall act as Independent Counsel under Section 8(a) hereof. Upon the due commencement of any judicial proceeding or arbitration pursuant to Section 10(a) of
this Agreement, Independent Counsel shall be discharged and relieved of any further responsibility in such capacity (subject to the applicable standards of professional conduct then prevailing). 

(c) The Companies agree to pay the reasonable fees and expenses of Independent Counsel and to fully indemnify, hold harmless and exonerate
such Independent Counsel against any and all Expenses, claims, liabilities and damages arising out of or relating to this Agreement or its engagement pursuant hereto. 

(d) If the Companies dispute a portion of the amounts for which indemnification is requested, the undisputed portion shall be paid and only
the disputed portion withheld pending resolution of any such dispute. 

  
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 9. Presumptions and Effect of Certain Proceedings. 

(a) In making a determination with respect to entitlement to indemnification hereunder, the person or persons or entity making such
determination shall presume that Indemnitee is entitled to indemnification under this Agreement. Anyone seeking to overcome this presumption shall have the burden of proof and the burden of persuasion by clear and convincing evidence. Neither the
failure of the Companies (including by their respective directors or independent legal counsel) to have made a determination prior to the commencement of any action pursuant to this Agreement that indemnification is proper in the circumstances
because Indemnitee has met the applicable standard of conduct, nor an actual determination by the Companies (including by their respective directors or independent legal counsel) that Indemnitee has not met such applicable standard of conduct, shall
be a defense to the action or create a presumption that Indemnitee has not met the applicable standard of conduct. 
 (b) Indemnitee shall
be deemed to have acted in good faith if Indemnitee’s action is based on the records or books of account of the Enterprise, including financial statements, or on information supplied to Indemnitee by the officers of the Enterprise in the course
of their duties, or on the advice of legal counsel for the Enterprise or on information or records given or reports made to the Enterprise by an independent certified public accountant or by an appraiser or other expert selected with reasonable care
by the Enterprise. In addition, the knowledge and/or actions, or failure to act, of any director, officer, agent or employee of the Enterprise shall not be imputed to Indemnitee for purposes of determining the right to indemnification under this
Agreement. Whether or not the foregoing provisions of this Section 9(b) are satisfied, it shall in any event be presumed that Indemnitee has at all times acted in good faith and in a manner he reasonably believed to be in or not opposed
to the best interests of either of the Companies. Anyone seeking to overcome this presumption shall have the burden of proof and the burden of persuasion by clear and convincing evidence. 

(c) If the person, persons or entity empowered or selected under this Section 9 to determine whether Indemnitee is entitled to
indemnification shall not have made a determination within thirty (30) days after receipt by the Companies of the request therefor, the requisite determination of entitlement to indemnification shall be deemed to have been made and Indemnitee
shall be entitled to such indemnification absent (i) a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s statement not materially misleading, in connection with the request for
indemnification, or (ii) a prohibition of such indemnification under applicable law; provided, however, that such 30-day period may be extended for a reasonable time, not to exceed an additional fifteen (15) days, if the
person, persons or entity making such determination with respect to entitlement to indemnification in good faith requires such additional time to obtain or evaluate documentation and/or information relating thereto. 

(d) Indemnitee shall cooperate with the person, persons or entity making such determination with respect to Indemnitee’s entitlement to
indemnification, including providing to such person, persons or entity upon reasonable advance request any documentation or information which is not privileged or otherwise protected from disclosure and which is reasonably available to Indemnitee
and reasonably necessary to such determination. Any Independent Counsel or member of the Boards shall act reasonably and in good faith in making a determination regarding Indemnitee’s entitlement to indemnification under this Agreement. Any
costs or expenses (including attorneys’ fees and disbursements) incurred by Indemnitee in so cooperating with the person, persons or entity making such determination shall be borne, jointly and severally, by the Companies (irrespective of the
determination as to Indemnitee’s entitlement to indemnification) and the Companies hereby indemnify, exonerate and agree to hold Indemnitee harmless therefrom. 

  
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 (e) The Companies acknowledge that a settlement or other disposition short of final judgment may
be successful if it permits a party to avoid expense, delay, distraction, disruption and uncertainty. In the event that any action, claim or proceeding to which Indemnitee is a party is resolved in any manner other than by adverse judgment against
Indemnitee (including, without limitation, settlement of such action, claim or proceeding with or without payment of money or other consideration) it shall be presumed that Indemnitee has been successful on the merits or otherwise in such action,
suit or proceeding. Anyone seeking to overcome this presumption shall have the burden of proof and the burden of persuasion by clear and convincing evidence. 

(f) The termination of any Proceeding or of any claim, issue or matter therein, by judgment, order, settlement or conviction, or upon a plea
of nolo contendere or its equivalent, shall not (except as otherwise expressly provided in this Agreement) of itself adversely affect the right of Indemnitee to indemnification or create a presumption that Indemnitee did not act in good faith
and in a manner which he reasonably believed to be in or not opposed to the best interests of either of the Companies or, with respect to any criminal Proceeding, that Indemnitee had reasonable cause to believe that his conduct was unlawful. 

(g) The knowledge and/or actions, or failure to act, of any other director, officer, trustee, partner, managing member, fiduciary, agent or
employee of the Enterprise shall not be imputed to Indemnitee for purposes of determining the right to indemnification under this Agreement. 

10. Remedies of Indemnitee. 

(a) In the event that (i) a determination is made pursuant to Section 8 of this Agreement that Indemnitee is not entitled to
indemnification under this Agreement, (ii) advancement of Expenses is not timely made pursuant to Section 6 of this Agreement, (iii) no determination of entitlement to indemnification is made pursuant to
Section 8(a) of this Agreement within thirty (30) days after receipt by the Companies of the request for indemnification, (iv) payment of indemnification, hold harmless or exoneration is not made pursuant to this Agreement
within ten (10) days after receipt by the Companies of a written request therefor, or (v) payment of indemnification is not made within ten (10) days after a determination has been made that Indemnitee is entitled to indemnification
or such determination is deemed to have been made pursuant to Section 8 of this Agreement, Indemnitee shall be entitled to an adjudication in an appropriate court of the State of Delaware, or in any other court of competent jurisdiction,
of Indemnitee’s entitlement to such indemnification, contribution or advancement of Expenses. Alternatively, Indemnitee, at his option, may seek an award in arbitration to be conducted by a single arbitrator pursuant to the Commercial
Arbitration Rules of the American Arbitration Association. Except as set forth herein, the provisions of Delaware law (without regard to its conflict of law rules) shall apply to any such arbitration. The Companies shall not oppose Indemnitee’s
right to seek any such adjudication or award in arbitration. 
 (b) Upon the occurrence or non-occurrence of any of the events set forth in
Section 10(a) of this Agreement, any judicial proceeding commenced pursuant to this Section 10 shall be conducted in all respects as a de novo trial, or arbitration, on the merits, and Indemnitee shall not be
prejudiced by reason of the adverse determination under Section 8(a). In any judicial proceeding or arbitration commenced pursuant to this Section 10, Indemnitee shall be presumed to be entitled to indemnification and
advancement under this Agreement and the Companies shall have the burden of proving Indemnitee is not entitled to indemnification or advancement of Expenses, as the case may be, and the Companies may not refer to or introduce into evidence any
determination pursuant to Section 9(b) of this Agreement adverse to Indemnitee for any purpose. If Indemnitee commences a judicial proceeding or arbitration pursuant to this Section 10, Indemnitee shall not be required to
reimburse the Companies for any advances pursuant to Section 6 until a final determination is made with respect to Indemnitee’s entitlement to indemnification (as to which all rights of appeal have been exhausted or lapsed). 

  
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 (c) If a determination shall have been made pursuant to Section 8 of this Agreement
that Indemnitee is entitled to indemnification, the Companies shall be bound by such determination in any judicial proceeding commenced pursuant to this Section 10, absent (i) a misstatement by Indemnitee of a material fact, or an
omission of a material fact necessary to make Indemnitee’s misstatement not materially misleading in connection with the application for indemnification, or (ii) a prohibition of such indemnification under applicable law. 

(d) In the event that Indemnitee, pursuant to this Section 10, seeks a judicial adjudication of his rights under, or to recover
damages for breach of, this Agreement, or to recover under any directors’ and officers’ liability insurance policies maintained by the Companies, the Companies shall pay, jointly and severally, on his behalf, in advance, any and all
Expenses actually and reasonably incurred by him in such judicial adjudication, regardless of whether Indemnitee ultimately is determined to be entitled to such indemnification, advancement of expenses or insurance recovery. 

(e) The Companies shall be precluded from asserting in any judicial proceeding commenced pursuant to this Section 10 that the
procedures and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any such court that the Companies are bound by all the provisions of this Agreement. The Companies shall, jointly and severally, indemnify,
hold harmless and exonerate Indemnitee against any and all Expenses and, if requested by Indemnitee, shall (within ten (10) days after receipt by the Companies of a written request therefor) advance, to the extent not prohibited by law, such
expenses to Indemnitee, which are incurred by Indemnitee in connection with any action brought by Indemnitee for indemnification or advance of Expenses from the Companies under this Agreement or under any directors’ and officers’ liability
insurance policies maintained by the Companies, regardless of whether Indemnitee ultimately is determined to be entitled to such indemnification, advancement of Expenses or insurance recovery, as the case may be. 

(f) Notwithstanding anything in this Agreement to the contrary, no determination as to entitlement to indemnification under this Agreement
shall be required to be made prior to the final disposition of the Proceeding. 
 11. Non-Exclusivity; Survival of Rights; Insurance;
Primacy of Indemnification; Subrogation. 
 (a) The rights of indemnification and to receive advancement of expenses as provided by this
Agreement shall not be deemed exclusive of any other rights to which Indemnitee may at any time be entitled under applicable law, the Governing Documents, any agreement, a vote of stockholders, a resolution of directors or otherwise, of the
Companies. No amendment, alteration or repeal of this Agreement or of any provision hereof shall limit or restrict any right of Indemnitee under this Agreement in respect of any action taken or omitted by such Indemnitee in his Corporate Status
prior to such amendment, alteration or repeal. To the extent that a change in the DGCL or BCLCP, whether by statute or judicial decision, permits greater indemnification than would be afforded currently under the Governing Documents and this
Agreement, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits so afforded by such change. No right or remedy herein conferred is intended to be exclusive of any other right or remedy, and every
other right and remedy shall be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise,
shall not prevent the concurrent assertion or employment of any other right or remedy. 

  
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 (b) The Companies shall obtain and maintain in effect during the entire period for which the
Companies are obligated to indemnify Indemnitee under this Agreement, one or more policies of insurance with reputable insurance companies to provide the directors of the Companies with coverage for losses from wrongful acts and omissions and to
ensure the Companies’ performance of their indemnification obligations under this Agreement. Indemnitee shall be covered by such policy or policies in accordance with its or their terms to the maximum extent of the coverage available for any
such director under such policy or policies. In all such insurance policies, Indemnitee shall be named as an insured in such a manner as to provide Indemnitee with the same rights and benefits as are accorded to the most favorably insured of the
Companies’ directors and officers. At the time of the receipt of a notice of a claim pursuant to the terms hereof, the Companies shall give prompt notice of the commencement of such proceeding to the insurers in accordance with the procedures
set forth in the respective policies. The Companies shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such proceeding in accordance with the terms of
such policies. 
 (c) The Companies hereby acknowledge that Indemnitee has certain rights to indemnification, advancement of expenses and/or
insurance provided by CCMP and any of its affiliates that, directly or indirectly, (i) are controlled by, (ii) control or (iii) are under common control with CCMP (collectively, the “Fund Indemnitors”). The
Companies hereby agree (i) that they are the indemnitor of first resort (i.e., its obligations to Indemnitee are primary and any obligation of the Fund Indemnitors to advance expenses or to provide indemnification for the same expenses or
liabilities incurred by Indemnitee are secondary), (ii) that they shall be required to advance, jointly and severally, the full amount of Expenses incurred by Indemnitee and shall be liable, jointly and severally, for the full amount of all
Expenses, judgments, penalties, fines and amounts paid in settlement to the extent legally permitted and as required by the terms of this Agreement and the Governing Documents (or any other agreement between the Companies and Indemnitee), without
regard to any rights Indemnitee may have against the Fund Indemnitors, and, (iii) that they irrevocably waive, relinquish and release the Fund Indemnitors from any and all claims against the Fund Indemnitors for contribution, subrogation or any
other recovery of any kind in respect thereof. The Companies further agree that no advancement or payment by the Fund Indemnitors on behalf of Indemnitee with respect to any claim for which Indemnitee has sought indemnification from the Companies
shall affect the foregoing and the Fund Indemnitors shall have a right of contribution and/or be subrogated to the extent of such advancement or payment to all of the rights of recovery of Indemnitee against the Companies. The Companies and
Indemnitee agree that the Fund Indemnitors are express third party beneficiaries of the terms of this Section 11(c). 
 (d) Except as
provided in Section 11(c) above, in the event of any payment under this Agreement, the Companies shall be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee (other than against the Fund Indemnitors),
who shall execute all papers required and take all action necessary to secure such rights, including execution of such documents as are necessary to enable the Companies to bring suit to enforce such rights. 

(e) Except as provided in Section 11(c) above, the Companies shall not be liable under this Agreement to make any payment of
amounts otherwise indemnifiable hereunder if and to the extent that Indemnitee has otherwise actually received, such payment under any insurance policy, contract, agreement or otherwise. 

(f) Except as provided in Section 11(c) above, each Company’s obligation to indemnify, hold harmless, exonerate or advance
Expenses hereunder to Indemnitee who is or was serving at the request of such Company as a director, officer, employee or agent of any other corporation, partnership, joint venture, trust, employee benefit plan or other enterprise shall be reduced
by any amount Indemnitee has actually received as indemnification or advancement of expenses from such other corporation, partnership, joint venture, trust, employee benefit plan or other enterprise. 

(g) Notwithstanding any other provision of this Agreement to the contrary, (i) Indemnitee shall have no obligation to reduce, offset,
allocate, pursue or apportion any indemnification, hold harmless, exoneration, advancement, contribution or insurance coverage among multiple parties possessing such duties to Indemnitee prior to the Companies’ satisfaction and performance of
all their obligations under this Agreement, and (ii) the Companies shall perform fully its obligations under this Agreement without regard to whether Indemnitee holds, may pursue or has pursued any indemnification, advancement, hold harmless,
exoneration, contribution or insurance coverage rights against any person or entity other than the Companies. 

  
 10 

 12. Exception to Right of Indemnification. Notwithstanding any provision in this
Agreement, neither Company shall be obligated under this Agreement to make any indemnity in connection with any claim made against Indemnitee: 

(a) for which payment has actually been received by or on behalf of Indemnitee under any insurance policy or other indemnity provision, except
with respect to any excess beyond the amount actually received under any insurance policy, contract, agreement, other indemnity provision or otherwise, provided, that the foregoing shall not affect the rights of Indemnitee or the Fund
Indemnitors set forth in Section 11(c) above; 
 (b) for an accounting of profits made from the purchase and sale (or sale and
purchase) by such Indemnitee of securities of such Company within the meaning of Section 16(b) of the Exchange Act or similar provisions of state statutory law or common law; 

(c) for reimbursement to such Company of any bonus or other incentive-based or equity based compensation or of any profits realized by
Indemnitee from the sale of securities of such Company in each case as required under the Exchange Act (including Section 16 thereof) or under any “clawback” or insider trading policy of either Company; or 

(d) in connection with any Proceeding (or any part of any Proceeding) initiated by Indemnitee, including any Proceeding (or any part of any
Proceeding) initiated by Indemnitee against such Company or its directors, officers, employees or other indemnitees, unless (i) such Company has joined in or the Board of such Company authorized the Proceeding (or any part of any Proceeding)
prior to its initiation, (ii) such Company provides the indemnification, in its sole discretion, pursuant to the powers vested in such Company under applicable law, or (iii) the Proceeding is one to enforce Indemnitee’s rights under
this Agreement. 
 13. Duration of Agreement. All agreements and obligations of the Companies contained herein shall continue during
the period Indemnitee is an officer or a director of either Company (or is or was serving at the request of either Company as a director, officer, employee, agent or fiduciary of another corporation, partnership, joint venture, trust or other
enterprise) and shall continue thereafter until the latest of (a) the termination of all statutes of limitations applicable to any claim that could be asserted against Indemnitee with respect to which Indemnitee may be entitled to
indemnification and/or payment or advancement of Expenses under this Agreement, (b) ten (10) years after Indemnitee ceased to serve as a director of the applicable Company, or (c) one (1) year after the final termination of any
Proceeding (including any rights of appeal thereto) in respect of which Indemnitee is granted rights of indemnification or advancement of Expenses hereunder and of any Proceeding commenced by Indemnitee pursuant to Section 10 of this
Agreement relating thereto (including any rights of appeal of any Section 10 Proceeding. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including
any direct or indirect 

  
 11 

 
successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of either of the Companies), assigns, spouses, heirs, executors and personal and
legal representatives. 
 14. Security. Notwithstanding anything herein to the contrary, to the extent requested by Indemnitee and
approved by the Boards, the Companies may at any time and from time to time provide security to Indemnitee for the Companies’ obligations hereunder through an irrevocable bank line of credit, funded trust or other collateral. Any such security,
once provided to Indemnitee, may not be revoked or released without the prior written consent of Indemnitee. 
 15. Enforcement. 

(a) Each Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in
order to induce Indemnitee to serve as director of such Company, and such Company acknowledges that Indemnitee is relying upon this Agreement in serving as director of such Company. 

(b) Without limiting any of the rights of Indemnitee under the Governing Documents, as they may be amended from time to time, this Agreement
constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes and replaces all prior agreements (including any prior indemnification agreements) and understandings, oral, written and implied,
between the parties hereto with respect to the subject matter hereof. 
 (c) The rights to be indemnified and to receive contribution and
advancement of Expenses provided by or granted Indemnitee pursuant to this Agreement shall apply to Indemnitee’s service as an officer, director, employee or agent of the Companies prior to the date of this Agreement, as well as service on or
after the date of this Agreement. 
 (d) The indemnification and advancement of expenses provided by, or granted pursuant to this Agreement
shall be binding upon and be enforceable by the parties hereto and their respective successors and assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or
assets of either of the Companies), shall continue as to an Indemnitee who has ceased to be a director, officer, employee or agent of either of the Companies or of any other Enterprise at the Companies’ request, and shall inure to the benefit
of Indemnitee and his spouse, assigns, heirs, devisees, executors and administrators and other legal representatives. 
 (e) The Companies
shall require and cause any successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to all, substantially all or a substantial part, of the business and/or assets of either of the Companies to expressly to assume and
agree to perform this Agreement in the same manner and to the same extent that the Companies would be required to perform if no such succession had taken place. 

(f) The Companies and Indemnitee agree herein that a monetary remedy for breach of this Agreement, at some later date, may be inadequate,
impracticable and difficult of proof, and further agree that such breach may cause Indemnitee irreparable harm. Accordingly, the parties hereto agree that Indemnitee may enforce this Agreement by seeking injunctive relief and/or specific performance
hereof, without any necessity of showing actual damage or irreparable harm and that by seeking injunctive relief and/or specific performance, Indemnitee shall not be precluded from seeking or obtaining any other relief to which he may be entitled.
The Companies and Indemnitee further agree that Indemnitee shall be entitled to such specific performance and injunctive relief, including temporary 

  
 12 

 
restraining orders, preliminary injunctions and permanent injunctions, without the necessity of posting bonds or other undertaking in connection therewith. The Companies acknowledge that in the
absence of a waiver, a bond or undertaking may be required of Indemnitee by the Court, and the Companies hereby waive any such requirement of such a bond or undertaking. 

16. Definitions. As used in this Agreement: 

(a) References to “agent” shall mean any individual who is or was a director, officer, or employee of the Companies or a Subsidiary
of the Companies or other individual authorized by the Companies to act for the Companies, to include such individual serving in such capacity as a director, officer, employee, fiduciary or other official of another corporation, partnership, limited
liability company, joint venture, trust or other Enterprise at the request of, for the convenience of, or to represent the interests of the Companies or a Subsidiary of the Companies. 

(b) “Corporate Status” describes the status of an individual who is or was a director, officer, trustee, general partner, managing
member, fiduciary, employee or agent of the Companies or of any other enterprise that such individual is or was serving at the request of the Companies. 

(c) “Delaware Court” shall mean the Court of Chancery of the State of Delaware. 

(d) “Disinterested Director” shall mean a director of the Holdings Board who is not and was not a party to the Proceeding in respect
of which indemnification is sought by Indemnitee. 
 (e) “Enterprise” shall mean the Companies and any other corporation,
constituent corporation (including any constituent of a constituent) absorbed in a consolidation or merger to which the Companies (or any of their wholly owned Subsidiaries) is a party, limited liability company, partnership, joint venture, trust,
employee benefit plan or other enterprise of which Indemnitee is or was serving at the request of the Companies as a director, officer, trustee, general partner, managing member, fiduciary, employee or agent. 

(f) “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended. 

(g) “Expenses” shall include all direct and indirect costs, fees and expenses of any type or nature whatsoever, including, without
limitation, all attorneys’ fees and costs, retainers, court costs, transcript costs, fees of experts, witness fees, travel expenses, fees of private investigators and professional advisors, duplicating costs, printing and binding costs,
telephone charges, postage, delivery service fees, fax transmission charges, secretarial services, any federal, state, local or foreign taxes imposed on Indemnitee as a result of the actual or deemed receipt of any payments under this Agreement,
ERISA excise taxes and penalties, and all other disbursements, obligations or expenses in connection with prosecuting, defending, preparing to prosecute or defend, investigating, being or preparing to be a witness in, settlement or appeal of, or
otherwise participating in, a Proceeding, including, without limitation, reasonable compensation for time spent by Indemnitee for which he or she is not otherwise compensated by the Companies or any third party. Expenses also shall include Expenses
incurred in connection with any appeal resulting from any Proceeding, including without limitation the principal, premium, security for, and other costs relating to any cost bond, supersedeas bond, or other appeal bond or its equivalent. Expenses,
however, shall not include amounts paid in settlement by Indemnitee or the amount of judgments or fines against Indemnitee. 

  
 13 

 (h) “Independent Counsel” shall mean a law firm or a member of a law firm with
significant experience in matters of corporation law and neither presently is, nor in the past five years has been, retained to represent: (i) the Companies or Indemnitee in any matter material to either such party (other than with respect to
matters concerning Indemnitee under this Agreement, or of other indemnitees under similar indemnification agreements); or (ii) any other party to the Proceeding (as defined below) giving rise to a claim for indemnification hereunder.
Notwithstanding the foregoing, the term “Independent Counsel” shall not include any person who, under the applicable standards of professional conduct then prevailing, would have a conflict of interest in representing either the Companies
or Indemnitee in an action to determine Indemnitee’s rights under this Agreement. 
 (i) References to “fines” shall include
any excise tax assessed on Indemnitee with respect to any employee benefit plan; references to “serving at the request of the Companies” shall include any service as a director, officer, employee, agent or fiduciary of the Companies which
imposes duties on, or involves services by, such director, officer, employee, agent or fiduciary with respect to an employee benefit plan, its participants or beneficiaries; and if Indemnitee acted in good faith and in a manner Indemnitee reasonably
believed to be in the best interests of the participants and beneficiaries of an employee benefit plan, Indemnitee shall be deemed to have acted in a manner “not opposed to the best interests of the Companies” as referred to in this
Agreement. 
 (j) The term “Person” shall have the meaning as set forth in Sections 13(d) and 14(d) of the Exchange Act as in
effect on the date hereof. 
 (k) The term “Proceeding” shall include any threatened, pending or completed action, suit,
arbitration, mediation, alternate dispute resolution mechanism, investigation, inquiry, administrative hearing or any other actual, threatened or completed proceeding, whether brought in the right of the Companies or otherwise and whether of a civil
(including intentional or unintentional tort claims), criminal, administrative or investigative (formal or informal) nature, including appeal therefrom, in which Indemnitee was, is, will or might be involved as a party, potential party, non-party
witness or otherwise by reason of the fact that Indemnitee is or was a director, officer, employee or agent of the Companies, by reason of any action (or failure to act) taken by him or of any action (or failure to act) on his part while acting as a
director, officer, employee or agent of the Companies, or by reason of the fact that Indemnitee is or was serving at the request of the Companies as a director, officer, trustee, general partner, managing member, fiduciary, employee or agent of any
other Enterprise, in each case whether or not serving in such capacity at the time any liability or expense is incurred for which indemnification, reimbursement, or advancement of expenses can be provided under this Agreement. If Indemnitee believes
in good faith that a given situation may lead to or culminate in the institution of a Proceeding, this shall be considered a Proceeding under this paragraph. 

(l) The term “Subsidiary,” with respect to any Person, shall mean any (i) corporation if 50% or more of the total combined
voting power of all classes of stock is owned, either directly or indirectly, by either Company or another Subsidiary of either Company or (ii) limited liability company if 50% or more of the membership interests is owned, either directly or
indirectly, by either Company or another Subsidiary of either Company. 
 (m) In connection with any merger or consolidation, references to
the “Companies” shall include not only the resulting or surviving company, but also any constituent company or constituent of a constituent company, which, if its separate existence had continued, would have had power and authority to
indemnify, hold harmless and exonerate its directors, officers, employees or agents. The intent of this provision is that a person who is or was a director of such constituent company after the date hereof or is or was serving at the request of such
constituent company as a director, officer, employee, trustee or agent of another company, partnership, joint venture, trust, employee benefit plan or 

  
 14 

 
other enterprise after the date hereof, shall stand in the same position under this Agreement with respect to the resulting or surviving company as the person would have under this Agreement with
respect to such constituent company if its separate existence had continued. 
 17. Severability. If any provision or provisions of
this Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever: (a) the validity, legality and enforceability of the remaining provisions of this Agreement (including, without limitation, each portion of any
Section, paragraph or sentence of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not itself invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby and shall remain
enforceable to the fullest extent permitted by law; (b) such provision or provisions shall be deemed reformed to the fullest extent necessary to conform to applicable law and to give the maximum effect to the intent of the parties hereto; and
(c) to the fullest extent possible, the provisions of this Agreement (including, without limitation, each portion of any Section, paragraph or sentence of this Agreement containing any such provision held to be invalid, illegal or
unenforceable, that is not itself invalid, illegal or unenforceable) shall be construed so as to give effect to the intent manifested thereby. Without limiting the generality of the foregoing, this Agreement is intended to confer upon Indemnitee
indemnification rights to the fullest extent permitted by applicable laws. 
 18. Modification and Waiver. No supplement,
modification, termination or amendment of this Agreement shall be binding unless executed in writing by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other
provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver. 
 19. Notices. All notices and
other communications given or made pursuant to this Agreement shall be in writing and shall be deemed effectively given: (a) upon personal delivery to the party to be notified, (b) when sent by confirmed electronic mail or facsimile if
sent during normal business hours of the recipient, and if not so confirmed, then on the next business day, (c) five (5) days after having been sent by registered or certified mail, return receipt requested, postage prepaid, or
(d) one (1) day after deposit with a nationally recognized overnight courier, specifying next day delivery, with written verification of receipt. All communications shall be sent: 

(a) To Indemnitee at the address set forth below Indemnitee signature hereto. 

(b) To the Companies at: 

      Ollie’s Bargain Outlet Holdings, Inc. 

      6295 Allentown Boulevard – Suite A 

      Harrisburg, Pennsylvania 17112 

      Facsimile: (717) 525-6883 

      Attention: General Counsel 

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

20. Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of
which together shall constitute one and the same Agreement. This Agreement may also be executed and delivered by facsimile signature and in two or more counterparts, each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument. 

  
 15 

 21. Headings. The headings of the paragraphs of this Agreement are inserted for
convenience only and shall not be deemed to constitute part of this Agreement or to affect the construction thereof. 
 22. Usage of
Pronouns. Use of the masculine pronoun shall be deemed to include usage of the feminine pronoun where appropriate. 
 23. Governing
Law and Consent to Jurisdiction. This Agreement and the legal relations among the parties shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware, without regard to its conflict of laws rules. The
Companies and Indemnitee hereby irrevocably and unconditionally (i) agree that any action or proceeding arising out of or in connection with this Agreement shall be brought only in Delaware Court, and not in any other state or federal court in
the United States of America or any court in any other country, (ii) generally and unconditionally consent to submit to the exclusive jurisdiction of Delaware Court for purposes of any action or proceeding arising out of or in connection with
this Agreement, (iii) waive any objection to the laying of venue of any such action or proceeding in Delaware Court, and (iv) waive, and agree not to plead or to make, any claim that any such action or proceeding brought in Delaware Court
has been brought in an improper or inconvenient forum. The foregoing consent to jurisdiction shall not constitute general consent to service of process in the state for any purpose except as provided above, and shall not be deemed to confer rights
on any person other than the parties to this Agreement. 
 24. Period of Limitations. No legal action shall be brought and no cause
of action shall be asserted by or in the right of the Companies against Indemnitee, Indemnitee’s spouse, heirs, executors or personal or legal representatives after the expiration of two years from the date of accrual of such cause of action,
and any claim or cause of action of the Companies shall be extinguished and deemed released unless asserted by the timely filing of a legal action within such two-year period; provided, however, that if any shorter period of limitations is otherwise
applicable to any such cause of action such shorter period shall govern. 
 25. Additional Acts. If for the validation of any of the
provisions in this Agreement any act, resolution, approval or other procedure is required, the Companies undertake to cause such act, resolution, approval or other procedure to be affected or adopted in a manner that will enable the Companies to
fulfill its obligations under this Agreement. 
 [The remainder of this page is intentionally left blank.] 

  
 16 

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

			
	HOLDINGS:
	
	OLLIE’S BARGAIN OUTLET HOLDINGS, INC.
		
	By:		  

			Name:
			Title:
	
	THE COMPANY:
	
	OLLIE’S BARGAIN OUTLET, INC.
		
	By:		  

			Name:
			Title:

 
			
	
	INDEMNITEE: 
	
	  

	Name:		  

 
			
		
	Address:		
	
	  

	  

	  

	  

 [SPONSOR DIRECTOR INDEMNIFICATION AGREEMENT]EX-10.1

 Exhibit 10.1 

PERFORMANCE-BASED SHARE UNIT AWARD AGREEMENT 

EXCO RESOURCES, INC. 

AMENDED AND RESTATED 2005 LONG-TERM INCENTIVE PLAN 

1. Award of Performance Share Units. Pursuant to the EXCO Resources, Inc. Amended and Restated 2005 Long-Term Incentive Plan (the
“Plan”) for Employees, Consultants, and Outside Directors of EXCO Resources, Inc., a Texas corporation (the “Company”), and its Subsidiaries, the Company grants to 

 

					
			  

(the “Participant”)
		

 an Award of “performance share units” in accordance with Section 6.8 of the Plan. The target number of
performance share units being granted under this Performance-Based Share Unit Award Agreement (this “Agreement”) is
                     (            ) units (the “Target Units”),
with the maximum number of performance share units granted under this Agreement being                     
(            ) units (all such units being referred to herein as, the “Awarded Units”)). Each Awarded Unit represents a non-equity unit with a conversion value equal
to the Fair Market Value of a share of Common Stock at any time. The “Date of Grant” of this Award is July 1, 2015. 

2. Subject to Plan; Definitions. This Agreement is subject to the terms and conditions of the Plan, and the terms of the Plan shall
control to the extent not otherwise inconsistent with the provisions of this Agreement. To the extent the terms of the Plan are inconsistent with the provisions of the Agreement, this Agreement shall control. This Agreement is subject to any rules
promulgated pursuant to the Plan by the Board or the Committee and communicated to the Participant in writing. Unless defined herein, the capitalized terms used herein that are defined in the Plan shall have the same meanings assigned to them in the
Plan. 
 3. Vesting of Awarded Units. Awarded Units which have become vested pursuant to the terms of this Section 3 are
collectively referred to herein as “Vested Units.” All other Awarded Units are collectively referred to herein as “Unvested Units.” The Participant shall be eligible to receive an amount in cash with
respect to the Vested Units in accordance with Section 4 below. 
 a. Except as specifically provided in this
Agreement and subject to certain restrictions and conditions set forth in the Plan, the Awarded Units will vest on the third anniversary of the Date of Grant (the “Vesting Date”) subject to the achievement of the performance
criteria and the terms and conditions set forth in Exhibit A. 
 b. Notwithstanding the foregoing, the Awarded Units
shall become Vested Units upon a Change in Control, provided the Participant is still employed by (or, if the Participant is a Consultant or an Outside Director, providing services to) the Company as of the Change in Control based on the achievement
of the performance criteria set forth in Exhibit A, determined as of the closing date of the Change in Control, and subject to terms and conditions set forth in Exhibit A. 

4. Payment with Respect to Vested Units. The Company shall convert the Vested Units into a cash payment in an aggregate amount equal to
the number of Vested Units multiplied by the Fair 

 
Market Value of a share of Common Stock as of the Vesting Date, less applicable withholdings and deductions, as soon as administratively practicable following the determination by the Committee
that the vesting conditions set forth in Exhibit A have been achieved, and in no event later than two and a half (2 1⁄2) months following the close
of the calendar year in which the Awarded Units become Vested Units. Notwithstanding anything herein to the contrary, if the Participant incurs a Termination of Service for any reason after the Vesting Date, but prior the date the Vested Units are
converted into a cash payment pursuant to this Section 4, the Participant shall not forfeit the Awarded Units by reason of such Termination of Service to the extent such Awarded Units would have otherwise vested in accordance with
Section 3 above on the Vesting Date. 
 5. Forfeiture of Awarded Units. Unvested Units shall be forfeited on the earlier
of (i) the Vesting Date, to the extent the performance conditions set forth in Exhibit A have not been satisfied and the Awarded Units have not vested in accordance with Section 3, and (ii) subject to
Section 3, upon the Participant’s Termination of Service for any reason other than the Participant’s death or Total and Permanent Disability. Upon forfeiture, all of the Participant’s rights with respect to the forfeited
Awarded Units shall cease and terminate, without any further obligations on the part of the Company. Notwithstanding anything to the contrary provided herein, if the Participant incurs a Termination of Service due to his or her death or his or her
Total and Permanent Disability, the Unvested Units shall not be forfeited upon such Termination of Service, and the Participant shall be treated as if he or she is continuing to provide services for purposes of applying the vesting provisions set
forth in Section 3 above and on Exhibit A. 
 6. Nonassignability. The Awarded Units are not assignable or
transferable by the Participant except by will or by the laws of descent and distribution. 
 7. Rights of a Shareholder; Voting. The
Participant will have no rights as a shareholder and no rights to vote with respect to any Awarded Units covered by this Agreement. 
 8.
Adjustment to Number of Awarded Units. The number of Awarded Units shall be subject to adjustment in accordance with Articles 11-13 of the Plan; provided, however, that any fractional units resulting from such adjustment
shall be eliminated. Any adjustments determined by the Board shall be final, binding and conclusive. 
 9. Notice. Any
communication(s) to be given hereunder by either party to the other shall be deemed to have been duly given if given in writing and personally delivered or sent by mail, registered or certified, postage prepaid with return receipt requested, or via
fax as follows: 
  

			
	Company:		EXCO Resources, Inc.
			Attn: Chief Financial Officer
			12377 Merit Drive, Suite 1700
			Dallas, TX 75251
			Fax: (214) 368-2087
		
	With a copy to:		EXCO Resources, Inc.
			Attn: General Counsel
			12377 Merit Drive, Suite 1700
			Dallas, TX 75251
			Fax: (214) 368-2087

 Notice to the Participant shall be addressed and delivered as set forth on the signature page. 

  
 - 2 - 

 Notices delivered personally shall be deemed communicated as of actual receipt; mailed notices
shall be deemed communicated as of three (3) days after mailing. A fax shall be deemed communicated on the date it is actually received. 

10. Entire Agreement; Modification. This Agreement together with the Plan terminates, supersedes, and replaces all prior written and
oral agreements between the parties hereto with respect to the subject matter of this Agreement and constitutes a complete and exclusive statement of the terms of the agreement by and among the parties hereto with respect to the subject matter of
this Agreement. All prior negotiations and agreements between the parties with respect to the subject matter hereof are merged into this Agreement. Each party to this Agreement acknowledges that no representations, inducements, promises, or
agreements, orally or otherwise, have been made by any party or by anyone acting on behalf of any party, which are not embodied in this Agreement or the Plan and that any agreement, statement or promise that is not contained in this Agreement or the
Plan shall not be valid or binding or of any force or effect. This Agreement may not be amended, restated, supplemented, or otherwise modified except by a written agreement executed by any and all parties to be charged with or otherwise affected by
any such amendment. Notwithstanding the preceding sentence, the Company may amend the Plan to the extent permitted by the Plan. 
 11.
Assignments, Successors, and No Third-Party Rights. Neither this Agreement nor any portion hereof may be assigned by the Participant without the prior express written consent of the Company. This Agreement shall be binding upon and inure to
the benefit of the parties hereto and their respective heirs, successors, and permitted assigns. Nothing expressed or referred to in this Agreement shall be construed to give any party other than the parties to this Agreement any legal or equitable
right, remedy, or claim under or with respect to this Agreement or any provision of this Agreement. This Agreement and all of its provisions and conditions are for the sole and exclusive benefit of the parties to this Agreement and the successors,
heirs, personal representatives, and permitted assigns of the parties hereto. 
 12. No Right to Continue Service or Employment.
Neither this Agreement nor any action taken hereunder shall be construed to confer upon the Participant the right to continue in the employ or to provide services to the Company or any Subsidiary, whether as an Employee or as a Consultant or as an
Outside Director, or interfere with or restrict in any way the right of the Company or any Subsidiary to discharge the Participant as an Employee, Consultant, or Outside Director at any time. 

13. Specific Performance. The parties acknowledge that remedies at law will be inadequate remedies for breach of this Agreement and
consequently agree that this Agreement shall be enforceable by specific performance. The remedy of specific performance shall be cumulative of all of the rights and remedies at law or in equity of the parties under this Agreement. 

14. Jurisdiction; Service of Process; Governing Law. Any action or other proceeding seeking to enforce any provision of, or based on
any right arising out of, this Agreement may be brought against any of the parties in the courts of the State of Texas and each of the parties consents to the jurisdiction of such court(s) (and of the appropriate appellate courts) in any such action
or other proceeding and waives any objection to venue laid therein. The validity, construction, interpretation, and effect of this Agreement shall be exclusively governed by and determined in accordance with the laws of the State of Texas without
regard to conflict of laws principles. 
 15. Participant’s Acknowledgments. The Participant acknowledges that a copy of the
Plan has been made available for his or her review by the Company, and represents that he or she is familiar with the terms and provisions thereof, and hereby accepts this Award subject to all the terms and provisions thereof. The Participant hereby
agrees to accept as binding, conclusive, and final all decisions or interpretations of the Committee or the Board, as appropriate, upon any questions arising under the Plan or this Agreement. 

  
 - 3 - 

 16. Severability; Reformation. In the event that any sentence, paragraph, provision,
section, or article of this Agreement is declared to be void by a court of competent jurisdiction, such sentence, paragraph, provision, section, or article shall be deemed severed from the remainder of this Agreement and the balance of this
Agreement shall remain in effect. In the event any court of competent jurisdiction holds any provision of this Agreement to be invalid, unenforceable, and/or unreasonable as written, the court may reform the Agreement to make it valid, enforceable,
and reasonable and the Agreement shall remain in full force and effect as reformed by the court. 
 17. Covenants and Agreements as
Independent Agreements. Each of the covenants and agreements that are set forth in this Agreement shall be construed as a covenant and agreement independent of any other provision of this Agreement. The existence of any claim or cause of action
of the Participant against the Company, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement by the Company of the covenants and agreements that are set forth in this Agreement. 

18. Fees and Expenses. If any civil action, whether at law or in equity, is necessary to enforce or interpret any of the terms of this
Agreement, the prevailing party shall be entitled to reasonable attorneys’ fees, court costs, and other reasonable expenses of litigation, in addition to any other relief to which such party may be entitled. 

19. Time of the Essence. With regard to all dates and time periods set forth or referred to in this Agreement, time is of the essence.

 20. Waiver. Neither the failure to exercise, nor any delay by any party in exercising, any right, power, or privilege under this
Agreement shall operate as a waiver of such right, power, or privilege, and no single or partial exercise of any such right, power, or privilege shall preclude any other or further exercise of such right, power, or privilege or the exercise of any
other right, power, or privilege. To the maximum extent permitted by applicable law, (a) no claim or right arising out of this Agreement may be discharged by one (1) party, in whole or in part, by a waiver or renunciation of the claim or
right unless in writing signed by each other party hereto, (b) no waiver that may be given by any party hereto shall be applicable except in the specific instance when and for which such waiver is given, and (c) no notice to or demand on
one (1) party shall be deemed to be a waiver of any obligation of such party or of the right of the party giving such notice or demand to take further action without notice or demand as provided in this Agreement. 

21. Section Headings; Construction. The headings of Sections in this Agreement are provided for convenience only and shall not affect
the construction or interpretation of this Agreement. All references to “Section” or “Sections” refer to the corresponding Section or Sections of this Agreement. All words used in this Agreement shall be construed to be of such
gender or number as the circumstances require. Unless otherwise expressly provided, the word “including” does not limit the preceding words or terms. 

22. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original copy of
this Agreement and all of which, when taken together, shall be deemed to constitute one (1) and the same agreement. 
 23. Tax
Requirements. The Participant is hereby advised to consult immediately with his or her own tax advisor regarding the tax consequences of this Agreement. The Company or, if 

  
 - 4 - 

 
applicable, any Subsidiary (for purposes of this Section 23, the term “Company” shall be deemed to include any applicable Subsidiary), shall have the right to
deduct from all amounts paid in cash in connection with the Plan, any Federal, state, provincial, local, or other taxes required by law to be withheld in connection with this Award. The Company may, in its sole discretion, withhold any such taxes
from any other cash remuneration otherwise paid by the Company to the Participant. 
 24. Code Section 409A. This Agreement is
intended to be interpreted and applied so that the payments and benefits set forth herein shall either be exempt from the requirements of Code Section 409A, or shall comply with the requirements of Code Section 409A, and, accordingly, to
the maximum extent permitted, this Agreement shall be interpreted to be exempt from or in compliance with Code Section 409A. Notwithstanding anything in this Agreement, a Termination of Service shall not be deemed to have occurred for purposes
of any provision of this Agreement providing for the payment of any amounts or benefits that constitute “non-qualified deferred compensation” within the meaning of Code Section 409A unless such termination is also a “separation
from service” within the meaning of Code Section 409A. Notwithstanding any provision in this Agreement to the contrary, if on his Termination of Service, the Participant is deemed to be a “specified employee” within the meaning
of Code Section 409A, any payments or benefits due upon such Termination of Service that constitutes a “deferral of compensation” within the meaning of Code Section 409A and which do not otherwise qualify under the exemptions
under Treas. Reg. § 1.409A-1 (including without limitation, the short-term deferral exemption and the permitted payments under Treas. Reg. § 1.409A-1(b)(9)(iii)(A)), shall be delayed and paid or provided to the Participant on the earlier
of the date which immediately follows six (6) months after the Participant’s separation from service or, if earlier, the date of the Participant’s death. 

25. Dispute Resolution; Arbitration; Emergency Relief. All claims, disputes, and controversies of any kind, character, and nature
between any parties to this Agreement relating to or arising out of or in connection with this Agreement or any transaction(s) contemplated by this Agreement as to the construction, validity, interpretation, meaning, performance, non-performance,
enforcement, operation, or breach shall be submitted to arbitration pursuant to the following procedures: 
 a. After a
claim, dispute, or controversy arises, any such party may, in a written notice delivered to the other party to this Agreement, demand such arbitration and name the arbitrator (who shall be an impartial person) appointed by the demanding party in
such notice together with a statement of the matter(s) claimed or in dispute or controversy. 
 b. Within thirty
(30) calendar days after receipt of such demand, the other party to this Agreement shall, in a written notice delivered to the demanding party, name the arbitrator (who shall be an impartial person) appointed by the receiving party. If any
party to this Agreement fails to name and appoint an arbitrator, then the arbitrator of such party shall be named and appointed by the American Arbitration Association (the “AAA”). The two arbitrators so appointed shall name
and appoint a third arbitrator (who shall be an impartial person) within thirty (30) calendar days or, if the two arbitrators so appointed shall fail to name a third arbitrator within such thirty (30) day period, the third arbitrator shall
be named and appointed by the AAA. If any arbitrator appointed hereunder shall die, resign, refuse, or become unable to act before an arbitration decision is rendered, then the vacancy shall be filled by the method set forth in this
Section 25(b) for the original appointment of such arbitrator. 
 c. Each party shall bear its own arbitration
costs and expenses. The arbitration hearing shall be held in Dallas, Texas at a location designated by a majority of the arbitrators. The Commercial Arbitration Rules of the American Arbitration Association shall be incorporated by reference at such
hearing and the substantive laws of the State of Texas (without regard to conflict of laws principles) shall apply. 

  
 - 5 - 

 d. The arbitration hearing shall be concluded within ten (10) calendar days
unless otherwise ordered by the arbitrators and a written award thereon shall be made within fifteen (15) calendar days after the close of submission of evidence. An award rendered by a majority of the arbitrators appointed pursuant to this
Agreement shall be final and binding on all parties to the proceeding, shall resolve the question of costs of the arbitrators and all related matters, and judgment on such award may be entered and enforced by either party in any court of competent
jurisdiction. 
 e. Except as set forth in Section 25(g), the parties to this Agreement agree, intend, and
expressly stipulate that the provisions of this Section 25 shall be a complete defense to any suit, action, or proceeding instituted in any federal, state, or local court or before any administrative tribunal with respect to any claim,
controversy, or dispute relating to or arising out of or in connection with this Agreement or any transaction(s) contemplated by this Agreement. The arbitration provisions of this Agreement shall, with respect to any such claim, controversy, or
dispute, survive the termination or expiration of this Agreement. 
 f. No party to an arbitration may disclose the existence
or results of any arbitration hereunder without the prior express written consent of the other party to this Agreement nor shall any party to an arbitration disclose to any third party any confidential information disclosed by any other party to
such arbitration in the course of an arbitration hereunder without the prior express written consent of such other party. 

g. Notwithstanding anything in this Section 25 to the contrary, any party may seek from a court any provisional
remedy that may be necessary to protect any rights or property of such party pending the establishment of the arbitral tribunal or its determination of the merits of the claim, controversy, or dispute or to enforce the rights of such party under
this Section 25. 
 * * * * * * * * * * 

[Remainder of Page Intentionally Left Blank. 

Signature Page Follows] 

  
 - 6 - 

 IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by its duly authorized
officer, and the Participant, to evidence his or her consent and approval of all the terms hereof, has duly executed this Agreement, as of the date specified in Section 1 hereof. 

 

			
	COMPANY:
	
	EXCO RESOURCES, INC.
		
	By:		  

	Name:		  

	Title:		  

	
	PARTICIPANT:
	
	  

	Signature
		
	Name:		  

	Address:		  

			  

  
 Signature Page to
Performance-Based 
 Share Unit Award Agreement 

 Exhibit A 

1. For purposes of this Agreement, unless the context requires otherwise, the following terms shall have the meanings indicated: 

a. “Closing Price(s)” shall on any date mean (i) the closing sale price per share (or if no
closing sale price is reported, the average of the bid and ask prices or, if more than one in either case, the average of the average bid and the average ask prices) on that date as reported in the composite transactions table for the principal U.S.
national or regional securities exchange on which the common stock is listed for trading; (ii) if the common stock is not listed for trading on a U.S. national or regional securities exchange on the relevant date, then the Closing Price of the
common stock will be the average of the bid and ask prices (or, if more than one in either case, the average of the average bid and the average ask prices) for the common stock in the over-the-counter market on the relevant date as reported by OTC
Markets Group Inc. or similar organization; and (iii) if the common stock is not so quoted, the Closing Price of the common stock will be such other amount as the Company may ascertain reasonably to represent such Closing Price. The Closing
Price shall be determined without reference to extended or after-hours trading. 
 b. “Final Stock
Price” shall mean the average of the Closing Prices for the ten (10) Trading Days during the period ending on and including the last Trading Day of the Measurement Period. 

c. “Initial Stock Price” shall mean the average of the Closing Prices for the ten (10) Trading
Days during the period preceding the first Trading Day of the Measurement Period. 
 d. “Measurement
Period” shall mean the period commencing on and including the Date of Grant and ending on the Vesting Date (or, if earlier, the closing date of a Change in Control). 

e. “Peer Group” shall be comprised of the following companies: 

 

			
	Bill Barrett Corporation		Oasis Petroleum Inc.
	Chesapeake Energy Corporation		PetroQuest Energy Inc.
	Comstock Resources Inc.		Rex Energy Corporation
	EP Energy Corporation		Rosetta Resources Inc.
	Goodrich Petroleum Corporation		SandRidge Energy Inc.
	Halcon Resources Corporation		Swift Energy Company
	Jones Energy Inc.		Ultra Petroleum Corp.
	Magnum Hunter Resources Corp.		WPX Energy, Inc.
	Northern Oil & Gas, Inc.		

 f. “Trading Day(s)” means a day on which (i) trading in the common
stock generally occurs on the principal U.S. national or regional securities exchange on which the common stock is then listed or, if the common stock is not then listed on a U.S. national or regional securities exchange, on the principal other
market on which the common stock is then traded, and (ii) a Closing Price for the common stock is available on such securities exchange or market. 

  
 Exhibit A – Page 1

 g. “TSR” shall mean a company’s total
shareholder return, which will be calculated by subtracting 1.0000 from the quotient obtained by dividing (i) the product of (A) the Final Stock Price for such company and (B) the number of Ending Shares (as determined below), by
(ii) the Initial Stock Price. The “Ending Shares” shall be determined by calculating the total number of shares which would have been held at the end of the Measurement Period assuming: (a) the number of shares held at the
beginning of the Measurement Period is 1.0000 and (b) each dividend and other distribution declared during the Measurement Period with respect to such shares (and any other shares previously received upon reinvestment of dividends or other
distributions), without deduction for any taxes with respect to such dividends or other distributions or any charges in connection with such reinvestment, is reinvested into additional shares on the ex-dividend date at a price per share equal to the
Closing Price on the trading day immediately preceding the ex-dividend date for such dividend or other distribution. The TSR of a component company in the Peer Group and of the Company shall be adjusted to take into account stock splits, reverse
stock splits, and special dividends that occur during the Measurement Period. The determination of the TSR shall be subject to the following additional adjustments: 

(I) If during the Measurement Period two component companies of the Peer Group merge or otherwise combine into a single entity,
the surviving entity shall remain a component company of the Peer Group and the non-surviving entity shall be removed from the Peer Group. 

(II) If during the Measurement Period a component company of the Peer Group merges into or otherwise combines with an entity
that is not a component company of the Peer Group, such component company shall be removed from the Peer Group. 
 (III) If
during the Measurement Period a component company of the Peer Group ceases to be a public company by becoming a private company through the “going dark” process, the Final Stock Price for such component company shall be measured over the
last ten (10) Trading Days of the component company before it ceases to trade. 
 (IV) If during the Measurement Period
a component company of the Peer Group files a petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code or liquidation under Chapter 7 of the U.S. Bankruptcy Code, such component company shall remain as part of the Peer Group and be
designated with a TSR of negative 100%. 
 2. Subject to certain restrictions and conditions set forth in the Plan and the Agreement, if, on
the Vesting Date, the Company’s Percentile Rank (as defined below) within the Peer Group equals 35%, then 50% of the Target Units shall become Vested Units, and for every increase in the Company’s Percentile Rank within the Peer Group over
35%, a proportionate percentage of Target Units shall become Vested Units (up to 200% of the Target Units) on the Vesting Date (calculated on the basis of straight-line interpolation applied on the change in performance between threshold
(35%) and target (50%), and between target (50%) and maximum (75%) levels of Percentile Rank), in accordance with the following schedule: 
  

			
	 Company’s Percentile Rank

within the Peer Group
	 	 Percentage of Vested

Target Units

	 75% (maximum) and Above
	 	200% of Target Units
	 50% (target) - 74%
	 	100% - 199% of Target Units
	 35% (threshold) - 49%
	 	50% - 99% of Target Units
	 Below 35%
	 	0%

  
 Exhibit A – Page 2

 3. The Company shall calculate the TSR for the Company and each component company of the Peer
Group over the Measurement Period. The Company and each company within the Peer Group shall be ranked from highest to lowest based on the TSR for each company. The percentile rank of the TSR of the Company will then be determined relative to the TSR
ranking of each component company in the Peer Group (the “Company’s Percentile Rank”). In determining the number of companies in each percentile ranking, fractional numbers shall be rounded to the nearest whole number.
The Company’s Percentile Rank will then be utilized, as shown in the table above, to determine the percentage, if any, of the Awarded Units that will vest under the Award and become Vested Units. Any fractional units created by such vesting
will be rounded to the nearest whole unit. 
 4. The determination by the Company with respect to the achievement of the Company’s
Percentile Rank for vesting of the Awarded Units shall occur as soon as administratively practicable after the Vesting Date or if earlier, the closing date of a Change in Control (and in all events on or before the date that is sixty (60) days
following the Vesting Date or, if earlier, the closing date of a Change in Control). 

  
 Exhibit A – Page 3

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