Document:

Exhibit 10.34

STOCK OPTION AGREEMENT

Pursuant to

CHRISTOPHER &
BANKS CORP.

1997 Stock Incentive Plan

(Qualified Stock
Option)

Name of Employee:

Date of Grant: 

Number of Shares: 

Exercise Price Per Share: 

This STOCK OPTION
AGREEMENT (the “Agreement”) made as of                              between
Christopher & Banks Corp. (the “Company”) and the above-named individual,
an employee of the Company or one of its subsidiaries (the “Employee”), to
record the granting of an option pursuant to the Company’s 1997 Stock Incentive
Plan (the “Plan”).  Except as otherwise
defined herein, capitalized terms contained in this Agreement shall have the
same meaning as set forth in the Plan.

1.                                       Grant
of Option:  In accordance with Plan,
the Company hereby grants to the Employee, subject to the terms and conditions
of the Plan and this Agreement, the option to purchase from the Company an
aggregate of                              shares
of Common Stock  ($.01 par value) of the
Company at the purchase price of $                             per
share, such adoption to be exercisable as hereinafter provided.

2.                                       Expiration
Date:  This option shall expire on                              (the
“Expiration Date”).

3.                                       Exercise
of Option:  Subject to Section 8
hereof, this option shall become exercisable with respect to      %
of the shares of Common Stock subject hereto on the first anniversary date of
the grant of this option (       ), and with
respect to an additional          %
of such shares on each of the                              anniversary
dates of the grant of this option.

This option may be partially exercised from time to
time within such percentage limitations. 
This option may not be exercised after the Expiration Date.
Notwithstanding the foregoing, this option shall not be exercisable for a
fractional share of stock. Any exercise of this option shall be made in writing
duly executed and delivered to the Company specifying the number of shares as
to which the option is being exercised in the form of the Subscription Form for
Exercise attached hereto. Schedule I of this Agreement shall be made available
to the Company at the time of exercise for notation of any partial exercise.

4.                                       Payment of Option Price:  On
the date of any exercise of this option, the purchase price of the shares as to
which this option is being exercised shall be due and payable and shall be made
in cash or by check or by delivery of shares of common stock of the Company held
by the optionee for more than six (6) months and registered in the name of the
Employee, duly assigned to the Company with the assignment guaranteed by a
bank, trust company or member firm  of
the New York Stock Exchange, and with all necessary transfer tax stamps
affixed, or by a combination of the foregoing, any such

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shares so delivered to be deemed to have a value per share equal to the
fair market value of the shares on such date, as determined by the Committee.

5.                                       Option
Nontransferable:  This option is not
transferable otherwise than by will or the law or descent or distribution and
is exercisable during the Employee’s lifetime only by the Employee or his
guardian or legal representative.

6.                                       Rights
as a Shareholder:  The Employee shall
have no rights as a shareholder with respect to any of the shares covered by
this option until the date of issuance to the Employee of a stock certificate
for such shares, and no adjustment shall be made for any dividends or other
rights if the record date of such dividends or other rights is prior to the
date such stock certificate is issued.

7.                                       General
Restrictions:

(1)          At the time of any
exercise of this option, the Employee shall furnish the Company with a
representation that he is acquiring the shares issued upon such exercise as an
investment and not with a view to, or for sale in connection with, the
distribution of any such shares; provided, however, that such representation
need not be furnished in the event the shares issued upon such exercise are
registered with the Securities and Exchange Commission under the Securities Act
of 1933, as amended.

(2)          The Company will not be
obligated to issue shares of Common Stock covered by this option if counsel to
the Company determines that such issuance would violate any law or regulation
of any governmental authority or any agreement between the Company and the New
York Stock Exchange or any national securities exchange upon which the Common
Stock is

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quoted or listed. In
connection with any issuance or transfer, the person acquiring the shares
shall, if requested by the Company, give assurances satisfactory to counsel to
the Company regarding such matters as the Company may deem desirable to assure
compliance with all legal requirements. This option shall be subject to the
requirement that if at any time the Committee shall determine, in its discretion,
that the listing, registration or qualification of the shares subject to this
option upon the New York Stock Exchange, any securities exchange or under any
state or federal law, or that the consent or approval of any government
regulatory body, is necessary or desirable as a condition of, or in connection
with, this option or the issue or purchase of shares under this option, this
option shall be subject to the condition that such listing, registration,
qualification, consent or approval shall have been effected or obtained free of
any conditions not acceptable to the Committee.

(3)          Certificates evidencing shares of Common
Stock issued pursuant to this   Agreement
shall bear a legend describing restrictions on transfer thereof unless the
Company determines that such legend is not necessary or appropriate.

8.                                       Termination
of Employment:

(1)            The option granted
pursuant to this Agreement shall terminate immediately upon the termination of
the Employee’s employment by the Company or any subsidiary for any reason
whatsoever; provided, however, that in the event such termination of employment
results from (i)

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the Employee’s retirement
with the consent of the Company, such option may be exercised within three
months of the date of termination and (ii) the Employee’s disability (as
defined in Section 105(d)(4) of the Internal Revenue Code of 1986, as amended)
or death, such option may be exercised by the Employee’s legal representative,
heir or devisee, as appropriate within one year from the date of disability or
death. Notwithstanding clause (i) of the preceding sentence, the Company may
terminate and cancel such option during the three-month period referred to in
such clause if the optionee engages in employment or activities contrary, in
the opinion of the Company’s Board of Directors or the Committee, to the best
interests of the Company or any subsidiary. In addition, the Committee shall,
in each case in which clause (i) of the second preceding sentence may be
applicable, determine whether a termination of employment shall be considered
retirement with the consent of the Company. Notwithstanding the foregoing, (i)
the option granted pursuant to this Agreement shall not be exercisable after
the expiration date of such option and (ii) such option (or any portion
thereof) which is not exercisable on the date of termination of employment
shall not be exercisable thereafter without the consent of the Committee.

(2)            Nothing contained in
this Section shall be interpreted or have the effect of extending the period during
which an option may be exercised beyond the terms or the Expiration Date
provided in this Agreement or established by law or regulation. Death of the
Employee subsequent to termination shall

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not extend such periods.
Whether leave of absence shall constitute a termination of employment for
purposes of this Agreement shall be determined by the Committee in its sole
discretion.

9.                                       Adjustment
of Shares:

(1)            In the event there is
any recapitalization in the form of a stock dividend, distribution, split, subdivision
or combination of shares of Common Stock of the Company, resulting in an
increase or decease in the number of shares of Common Stock outstanding, the
number of shares of Common Stock covered by this option and the exercise price
per share under this option shall be increased or decreased proportionately, as
the case may be, without change in the aggregate exercise price.

(2)            If, pursuant to any
reorganization, sale or exchange of assets, consolidation or merger,
outstanding Common Stock of the Company is or would be exchanged for other
securities of the Company or of another corporation which is a party to such
transaction, or for property, this option shall apply to the securities or
property into which the Common Stock covered hereby would have been changed or
for which such Common Stock would have been exchanged had such Common Stock
been outstanding at the time.

10.                                 No
Employment Rights:  Neither the Plan
nor this option shall confer upon the Employee any right with respect to
continuance of employment by the Company or any subsidiary nor shall they
interfere in any way with the right of the Company or any

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subsidiary by which the
Employee is employed to terminate the employment of the Employee at any time,
with or without cause.

11.                                 Plan
Controls:  The Employee hereby
acknowledges receipt of a copy of the Plan and agrees to be bound by all of the
terms and provisions thereof including any which may conflict with those
contained in this Agreement. The Plan is hereby incorporated by reference into
this Agreement, and this Agreement is subject in all respect to the terms and
conditions of the Plan. In the event of any conflict between this Agreement and
the Plan, the terms of the Plan shall control. This option is intended to
qualify as an incentive stock option under Section 422 of the Internal Revenue
Code of 1986, as amended, and this Agreement and the Plan are to be construed
accordingly.

12.                                 Notices:  All notices to the Company shall be in
writing and sent by certified or registered mail, postage prepaid, to the
Company at its offices at 2400 Xenium Lane North, Plymouth, Minnesota 55441 or
such other address as the Company shall from time to time notify the Employee
in writing. All notices to the Employee shall be in writing and sent by certified
or registered mail, postage prepaid, to the Employee at the address set forth
on the signature page(s) hereof or such address as the Employee shall from time
to time notify the Company in writing. All notices shall be deemed to have been
given when mailed.

13.                                 Conflicts:  As a condition to the granting of the option
contained herein, the Employee agrees that any dispute or disagreement with
respect to the Plan, this Agreement or such option shall be determined by the
Committee in its sole discretion, and that any interpretation by the Committee
of the terms of this Agreement shall be final, binding and conclusive. In the
event of the institution of any legal proceedings directed to

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the validity of
the Plan, or to any option granted under the Plan, the Company may, in its
discretion and without incurring any liability to the Employee terminate this
Agreement and/or the option granted pursuant to this Agreement.

14.                                 Tax
Treatment:  In the event the Employee
seeks to qualify for the special capital gains treatment available for the
Plan, the Employee must not dispose of any of the shares underlying the option
within two (2) years following the date the option is granted or within one (1)
year of the exercise and transfer of the shares to the Employee. Due to the
complex nature of the tax laws, the Employee is urged to consult his personal
tax advisor prior to exercising the option. THE CORPORATION MAKES NO WARRANTIES
OR REPRESENTATIONS WHATSOEVER TO THE EMPLOYEE REGARDING THE TAX CONSEQUENCES OF
THIS GRANT, THE EXERCISE OF ANY OPTIONS OR ANY OTHER MATTER.

IN
WITNESS WHEREOF, the Company and the Employee has caused this Stock Option
Agreement to be executed on the date set forth opposite the respective
signatures. It is being further understood that the Date of Grant may differ
from the date of signature.

	
  Dated as of :

  	
   

  	
   

  	
   

  	
  Christopher & Banks Corp.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Its:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Dated as of:

  	
   

  	
   

  	
   

  	
  Employee

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Address:

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
											

 

 8Exhibit 10.35

STOCK OPTION AGREEMENT

Pursuant to

CHRISTOPHER &
BANKS CORP.

1997 Stock Incentive Plan

(Nonqualified
Stock Option)

Name of Employee: 

Date of Grant: 

Number of Shares: 

Exercise Price Per Share: 

This STOCK OPTION
AGREEMENT (the “Agreement”) made as of                      
between Christopher & Banks Corp. (the “Company”) and the above-named
individual, an employee of the Company or one of its subsidiaries (the “Employee”),
to record the granting of an option pursuant to the Company’s 1997 Stock
Incentive Plan (the “Plan”).  Except as
otherwise defined herein, capitalized terms contained in this Agreement shall
have the same meaning as set forth in the Plan.

1.                                       Grant
of Option:  In accordance with Plan,
the Company hereby grants to the Employee, subject to the terms and conditions
of the Plan and this Agreement, the option to purchase from the Company an
aggregate of                      
shares of Common Stock  ($.01 par value)
of the Company at the purchase price of $                     
per share, such adoption to be exercisable as hereinafter provided.

2.                                       Expiration
Date:  This option shall expire on                      
(the “Expiration Date”).

3.                                       Exercise
of Option:  Subject to Section 8
hereof, this option shall become exercisable with respect to         %
of the shares of Common Stock subject hereto on the first anniversary date of
the grant of this option (                     ),
and with respect to an additional         %
of such shares on each of the                      
anniversary dates of the grant of this option.

This option may be partially exercised from time to
time within such percentage limitations. 
This option may not be exercised after the Expiration Date.
Notwithstanding the foregoing, this option shall not be exercisable for a
fractional share of stock. Any exercise of this option shall be made in writing
duly executed and delivered to the Company specifying the number of shares as
to which the option is being exercised in the form of the Subscription Form for
Exercise attached hereto. Schedule I of this Agreement shall be made available
to the Company at the time of exercise for notation of any partial exercise.

4.                                       Payment of Option Price:  On
the date of any exercise of this option, the purchase price of the shares as to
which this option is being exercised shall be due and payable and shall be made
in cash or by check or by delivery of shares of common stock of the Company held
by the optionee for more than six (6) months and registered in the name of the
Employee, duly assigned to the Company with the assignment guaranteed by a
bank, trust company or member firm of the New York Stock Exchange, and with all
necessary transfer tax stamps affixed, or by a combination of the foregoing,
any such shares so delivered to be deemed to have a value per share equal to
the fair market value of the shares on such date, as determined by the Committee.

5.                                       Option
Nontransferable:  This option is not
transferable otherwise than by will or the law or descent or distribution and
is exercisable during the Employee’s lifetime only by the Employee or his
guardian or legal representative.

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6.                                       Rights
as a Shareholder:  The Employee shall
have no rights as a shareholder with respect to any of the shares covered by
this option until the date of issuance to the Employee of a stock certificate
for such shares, and no adjustment shall be made for any dividends or other
rights if the record date of such dividends or other rights is prior to the
date such stock certificate is issued.

7.                                       General
Restrictions:

(1)          At the time of any
exercise of this option, the Employee shall furnish the Company with a
representation that he is acquiring the shares issued upon such exercise as an
investment and not with a view to, or for sale in connection with, the distribution
of any such shares; provided, however, that such representation need not be
furnished in the event the shares issued upon such exercise are registered with
the Securities and Exchange Commission under the Securities Act of 1933, as
amended.

(2)          The Company will not be
obligated to issue shares of Common Stock covered by this option if counsel to
the Company determines that such issuance would violate any law or regulation
of any governmental authority or any agreement between the Company and the New
York Stock Exchange or any national securities exchange upon which the Common
Stock is quoted or listed.  In connection
with any issuance or transfer, the person acquiring the shares shall, if
requested by the Company, give assurances satisfactory to counsel to the
Company regarding such matters as the Company may deem desirable to assure
compliance with all legal requirements. This option shall be subject to the
requirement that if at any time the Committee shall determine, in its
discretion, that the listing, registration or qualification of the shares
subject to this option upon the New York Stock

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Exchange, any securities
exchange or under any state or federal law, or that the consent or approval of
any government regulatory body, is necessary or desirable as a condition of, or
in connection with, this option or the issue or purchase of shares under this
option, this option shall be subject to the condition that such listing,
registration, qualification, consent or approval shall have been effected or
obtained free of any conditions not acceptable to the Committee.

(3)          Certificates evidencing shares of Common
Stock issued pursuant to this   Agreement
shall bear a legend describing restrictions on transfer thereof unless the
Company determines that such legend is not necessary or appropriate.

8.                                       Termination
of Employment:

(1)            The option granted
pursuant to this Agreement shall terminate immediately upon the termination of
the Employee’s employment by the Company or any subsidiary for any reason
whatsoever; provided, however, that in the event such termination of employment
results from (i) the Employee’s retirement with the consent of the Company,
such option may be exercised within three months of the date of termination and
(ii) the Employee’s disability (as defined in Section 105(d)(4) of the Internal
Revenue Code of 1986, as amended) or death, such option may be exercised by the
Employee’s legal representative, heir or devisee, as appropriate within one
year from the date of disability or death. Notwithstanding clause (i) of the
preceding sentence, the Company may terminate and cancel such option during the
three-month period referred to in such clause if the optionee engages in
employment or activities contrary, in the opinion of the Company’s Board of
Directors or the Committee, to the best

 4
 

interests of the Company
or any subsidiary. In addition, the Committee shall, in each case in which
clause (i) of the second preceding sentence may be applicable, determine
whether a termination of employment shall be considered retirement with the
consent of the Company. Notwithstanding the foregoing, (i) the option granted
pursuant to this Agreement shall not be exercisable after the expiration date
of such option and (ii) such option (or any portion thereof) which is not
exercisable on the date of termination of employment shall not be exercisable
thereafter without the consent of the Committee.

(2)            Nothing contained in
this Section shall be interpreted or have the effect of extending the period
during which an option may be exercised beyond the terms or the Expiration Date
provided in this Agreement or established by law or regulation. Death of the
Employee subsequent to termination shall not extend such periods. Whether leave
of absence shall constitute a termination of employment for purposes of this
Agreement shall be determined by the Committee in its sole discretion.

9.                                       Adjustment
of Shares:

(1)            In the event there is
any recapitalization in the form of a stock dividend, distribution, split,
subdivision or combination of shares of Common Stock of the Company, resulting
in an increase or decease in the number of shares of Common Stock outstanding,
the number of shares of Common Stock covered by this option and the exercise
price per share under this option shall be increased or decreased
proportionately, as the case may be, without change in the aggregate exercise
price.

 5
 

(2)            If, pursuant to any
reorganization, sale or exchange of assets, consolidation or merger,
outstanding Common Stock of the Company is or would be exchanged for other
securities of the Company or of another corporation which is a party to such
transaction, or for property, this option shall apply to the securities or
property into which the Common Stock covered hereby would have been changed or
for which such Common Stock would have been exchanged had such Common Stock
been outstanding at the time.

10.                                 No
Employment Rights:  Neither the Plan
nor this option shall confer upon the Employee any right with respect to
continuance of employment by the Company or any subsidiary nor shall they
interfere in any way with the right of the Company or any subsidiary by which
the Employee is employed to terminate the employment of the Employee at any
time, with or without cause.

11.                                 Plan
Controls:  The Employee hereby
acknowledges receipt of a copy of

the Plan and
agrees to be bound by all of the terms and provisions thereof including any
which may conflict with those contained in this Agreement. The Plan is hereby
incorporated by reference into this Agreement, and this Agreement is subject in
all respect to the terms and conditions of the Plan. In the event of any
conflict between this Agreement and the Plan, the terms of the Plan shall
control.

12.                                 Notices:  All notices to the Company shall be in
writing and sent by certified or registered mail, postage prepaid, to the
Company at its offices at 2400 Xenium Lane North, Plymouth, Minnesota 55441 or
such other address as the Company shall from time to time notify the Employee
in writing. All notices to the Employee shall be in writing and sent by
certified or registered mail, postage prepaid, to the Employee at the address
set forth on the signature page(s)

 6
 

hereof or such
address as the Employee shall from time to time notify the Company in writing.
All notices shall be deemed to have been given when mailed.

13.                                 Conflicts:  As a condition to the granting of the option
contained herein, the Employee agrees that any dispute or disagreement with
respect to the Plan, this Agreement or such option shall be determined by the
Committee in its sole discretion, and that any interpretation by the Committee
of the terms of this Agreement shall be final, binding and conclusive. In the
event of the institution of any legal proceedings directed to the validity of
the Plan, or to any option granted under the Plan, the Company may, in its
discretion and without incurring any liability to the Employee terminate this
Agreement and/or the option granted pursuant to this Agreement.

14.                                 Tax
Treatment:  Due to the complex nature
of the tax laws, the Employee is urged to consult his personal tax advisor
prior to exercising the option. THE CORPORATION MAKES NO WARRANTIES OR
REPRESENTATIONS WHATSOEVER TO THE EMPLOYEE REGARDING THE TAX CONSEQUENCES OF
THIS GRANT, THE EXERCISE OF ANY OPTIONS OR ANY OTHER MATTER.

IN
WITNESS WHEREOF, the Company and the Employee have caused this Stock Option
Agreement to be executed on the date set forth opposite the respective
signatures. It is being further understood that the Date of Grant may differ
from the date of signature.

	
  Dated as of :

  	
   

  	
   

  	
   

  	
  Christopher & Banks Corp.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Its:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Dated as of:

  	
   

  	
   

  	
   

  	
  Employee

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Address:

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
											

 

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