Document:

Exhibit 10.16  

[Sears
Holdings Corporation logo] 

	Aylwin B. Lewis

President & CEO	 	3333 Beverley Road

Hoffman Estates, IL 60179

847-286-5097 (phone)

847-645-6700 (fax)

Email: alewis1@searshc.com

February 3, 2006 

Mr.
Bruce Johnson 

Dear
Bruce, This letter will confirm our offer for you to serve as Executive Vice President, Supply Chain and Operations. Subject to approval by the Compensation Committee, your new compensation
package will be effective February 1, 2006. 

Your
Sears Holdings Corporation compensation package will consist of the following: 

	•
	Annual
base salary of $725,000, with periodic increases based upon your performance and the results achieved by your team.

	•
	Participation
in the Sears Holdings Corporation Senior Executive Annual Incentive Plan. Your annual incentive at target will remain at 90% of base salary. This will increase
your annual incentive opportunity to $652,500 as of the effective date of your new assignment. Your annual incentive plan performance goals will be linked to 100% Sears Holdings Corporation EBITDA.
The annual incentive for each plan year will be payable by April 15 of the following year, provided that you are actively employed at the payment date.

	•
	Your
participation in the Sears Holdings Corporation Senior Executive 2005-2007 Long Term Incentive Plan (SHC LTIP) will remain the same with a target base of $3,705,000.
This award is payable in April 2008; the actual amount of the award you receive will depend on Sears Holdings Corporation Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA). Your
participation under the new 2006-2008 Long Term Incentive Plan will be communicated separately from this letter.

	•
	You
will be eligible for equity grants at a level consistent with other senior executives.

	•
	Eligible
for relocation assistance in accordance with Sears' standard relocation policy. In addition, Sears Holdings will pay a maximum of $300,000 on any loss you sustain
by selling the house you purchased in Troy, Michigan. However, in the event you leave Sears Holdings before the third anniversary of the date of this letter you will be obligated to pay Sears such
amount plus market interest. The Troy residence value will be determined based upon market appraisals conducted after the date of this offer.

	•
	You
will be asked to sign an Executive Severance/Non-Compete Agreement and an Executive Non-Disclosure and Non-Solicitation of Employees Agreement as a condition of your
continued employment. This Executive Severance/Non-Compete Agreement will supercede all prior representations, agreements, discussions, negotiations and undertakings, whether written or oral, between
you and Sears, including your Employment Agreement with Kmart Management Corporation dated September 15, 2003. If you are involuntarily terminated from Sears for any reason other than cause, death,
total and permanent disability, resignation, or retirement after age 65, you will receive one year of pay continuation, equal to your base salary and target bonus at the time of termination, subject
to mitigation for salary or wages earned from another employer, including self-employment. In consideration for these severance terms, you agree not to disclose confidential information and not to
solicit employees. You would also agree not to aid, assist or render services for any "Competitor" (as defined in the agreement) for one year following termination of employment. 

This
offer will expire two weeks from the date of this letter. 

I'm
pleased to have you on our Sears Holdings Senior Executive team. Congratulations on your promotion. 

Sincerely, 

	/s/  AYLWIN LEWIS      
 Aylwin Lewis	 	2/3/06
 Date
	

Confirmed and Accepted:	
 	

 
	/s/  W. BRUCE JOHNSON      
 W. Bruce Johnson	 	2/3/06
 DateExhibit 10.18  

SEARS HOLDINGS CORP.
  3333 BEVERLY ROAD

HOFFMAN ESTATES, IL 60179 

February 14,
2005 

Mark
Good

[address omitted] 

Dear Mark, 

This
letter will confirm our offer of employment as EVP/GM, Home Services, located in Hoffman Estates, Illinois, reporting to Alan Lacy. Your new position and compensation will be effective as of the
date of the close of the proposed Kmart / Sears merger, subject to approval by the Compensation Committee of the Sears Holdings Corporation Board of Directors. 

Your Sears Holdings Corporation Compensation
  Your Sears Holdings Corporation compensation package will consist of the following: 

	•
	Annual
base salary of $440,000, with periodic increases based upon performance. Your next scheduled salary review will be in early 2006.

	•
	Participation
in the Sears Holdings Corporation Annual Incentive Plan. Your annual incentive opportunity at target equals 75% of base salary, or $330,000 on an annualized
basis. The detailed performance goals of your annual incentive plan will be determined following the close of the proposed Kmart / Sears merger. The annual incentive for each plan year will be payable
by April 15 of the following year, provided that you are actively employed at the payment date.

	•
	Participation
in the Sears Holdings Corporation Long Term Incentive Plan (SHC LTIP). Your target award for the 2005 through 2007 plan cycle is $2,250,000. This award is
payable at the end of the plan cycle; the actual amount of the award you receive will depend on Sears Holdings Corporation Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA). The
detailed EBITDA goals will be determined following the close of the proposed Kmart / Sears merger. Additional details of the plan are included in the attached plan summary.

	•
	You
will participate in all employee benefit programs on a basis no less favorable than other executives at your level, in accordance with the applicable terms of those
programs.

	•
	You
will be asked to sign an Executive Severance / Non-Compete Agreement and an Executive Non-Disclosure and Non-Solicitation of Employees Agreement as a condition of your
employment. If you are involuntarily terminated from Sears for any reason other than cause, death, total and permanent disability, resignation, or retirement after age 65, you will receive one year of
pay continuation, equal to your base salary and target bonus at the time of termination. In consideration for these severance terms, you agree not to disclose confidential information and not to
solicit employees. You would also agree not to aid, assist or render services for any 'Competitor' (as defined in the agreement) for one year following termination of employment.

	•
	The
Executive Severance/Non-Compete Agreement and Executive Non-Disclosure and Non-Solicitation of Employee Agreement that you have and Sears, Roebuck and Co. have
previously executed will remain in effect for the 24 month period following the date of a Change of Control as defined in the Executive Severance/Non-Compete Agreement. 

Your Current Sears, Roebuck and Co. Compensation

Upon the close of the proposed Kmart/Sears merger, the following will occur. 

	•
	The
2005 - 2007 Sears, Roebuck and Co. Long Term Incentive Plan (SRC LTIP) will be cancelled as of the date of close and no awards will be paid from that plan. Your SHC LTIP
grant, described above, will replace your SRC LTIP award.

	•
	The
2005 Sears, Roebuck and Co. Annual Incentive Plan (SRC AIP) will be cancelled as of the date of close and no awards will be paid from that plan. Your participation in
the SRC AIP will be replaced with your participation in the SHC AIP plan, at the target level described above.

	•
	A
portion of your current Sears restricted shares will vest at close; the remaining shares will be converted to Sears Holdings Corp. restricted shares, with the same
restrictions as the original grant, at a ratio of one Sears Holdings Corp. share for every two Sears, Roebuck and Co. shares.

	•
	Your
current financial planning benefit will expire on December 31, 2005 and will not be replaced.

	•
	Your
current eligibility for an annual executive physical will expire on June 30, 2005 and will not be replaced.

	•
	Your
Sears, Roebuck and Co. stock options will be cashed out as of the date of close. The value you will receive will be equal to the difference between the blended merger
price and the exercise price of your options.

	•
	If
you have Sears, Roebuck and Co. shares held in the Sears, Roebuck and Co. 401(k) Plan and your Sears Share Units in the Supplemental 401(k) Plan, the treatment will be
the same as all other participants in the plan.

	•
	If
you have a Sears Stock Unit balance in the Sears, Roebuck and Co. Deferred Compensation Plan, the treatment will be the same as all other participants in the plan.

	•
	If
you have contributed during the first quarter of 2005 to the Associate Stock Purchase Plan, the treatment of will be the same as all other participants in the plan. 

I'm
pleased to have you as part of the new Sears Holdings Corporation team. 

Sincerely,

	

/s/  ALAN J. LACY      
 Alan J. Lacy	
 	

2/14/05

Date
	
	 	 	 
	Accepted	/s/  MARK GOOD      
	 	2/14/05

Date

cc: Personnel FileExhibit 10.19  

SEARS HOLDINGS CORP.
  3333 BEVERLY ROAD

HOFFMAN ESTATES, IL 60179 

March 3,
2005 

Peter
Whitsett

[address omitted] 

Dear
Peter, 

        This
letter will confirm our offer of employment as SVP/GMM, reporting to me. Your new position and compensation will be effective as of the date of the close of the proposed Kmart /
Sears merger, subject to approval by the Compensation Committee of the Sears Holdings Corporation Board of Directors. 

Your Sears Holdings Corporation Compensation  

        Your Sears Holdings Corporation compensation package will consist of the following: 

	•
	Annual
base salary of $400,000, with increases based upon performance.

	•
	Participation
in the Sears Holdings Corporation Annual Incentive Plan. Your annual incentive opportunity at target equals 75% of base salary, or $300,000 on an annualized
basis. The detailed performance goals of your annual incentive plan will be determined following the close of the proposed Kmart / Sears merger. The annual incentive for each plan year will be payable
by April 15 of the following year, provided that you are actively employed at the payment date.

	•
	Participation
in the Sears Holdings Corporation Long Term Incentive Plan (SHC LTIP). Your target award for the 2005 through 2007 plan cycle is $2,250,000. This award is
payable at the end of the plan cycle; the actual amount of the award you receive will depend on Sears Holdings Corporation Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA). The
detailed EBITDA goals will be determined following the close of the proposed Kmart / Sears merger. Additional details of the plan are included in the attached plan summary.

	•
	You
will participate in all employee benefit programs on a basis no less favorable than other executives at your level, in accordance with the applicable terms of those
programs.

	•
	You
will be asked to sign an Executive Severance / Non-Compete Agreement and an Executive Non-Disclosure and Non-Solicitation of
Employees Agreement as a condition of your employment. If you are involuntarily terminated from Sears for any reason other than cause, death, total and permanent disability, resignation, or retirement
after age 65, you will receive one year of pay continuation, equal to your base salary and target bonus at the time of termination. In consideration for these severance terms, you agree not to
disclose confidential information and not to solicit employees. You would also agree not to aid, assist or render services for any "Competitor" (as defined in the agreement) for one year following
termination of employment. 

Your Current Kmart Compensation  

        Upon the close of the proposed Kmart/Sears merger, the following will occur. 

	•
	Your
current eligibility for an annual executive physical will expire on June 30, 2005 and will not be replaced. 

        I'm
pleased to have you as part of the new Sears Holdings Corporation team. 

Sincerely,

	

/s/  AYLWIN B. LEWIS      
 Aylwin B. Lewis	
 	

3/3/05
 Date

	

Accepted	

/s/  PETER WHITSETT      
 Peter Whitsett	
 	

3/3/05
 Date

cc:
Personnel file

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