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Exhibit 10.26    
    

 
 

STAPLES, INC.    
    
    AMENDED AND RESTATED
  INTERNATIONAL EMPLOYEE STOCK PURCHASE PLAN    
    

        The purpose of this Plan is to provide eligible employees of certain non-U.S. subsidiaries of Staples, Inc. (the "Company") with opportunities
to purchase common stock of the Company ("Staples Common Stock"), commencing on July 1, 2000. One million two hundred seventy five thousand (1,275,000) shares of Staples Common Stock have been
approved for this purpose. Employees participating in the Plan may elect to purchase shares of Staples Common Stock, subject to any limitations that may be imposed by the Board of Directors (the
"Board") or the Committee (as defined below). 

        1.    Administration.    The Plan will be administered by the Committee on Employee Benefit Plans, as constituted
pursuant to the terms of the Company's 401(k) Plan (the "Committee"). The Board or the Committee has authority to make rules and regulations for the administration of the Plan and its interpretation
and decisions with regard thereto shall be final and conclusive. In connection with the administration of the Plan, any two of the Chief Executive Officer, President, Chief Financial Officer,
Treasurer, Secretary or Executive Vice President—Human Resources of the Company, acting jointly, by and behalf of the Company, shall have the authority (a) to negotiate, fix and
vary the terms of, and to execute and deliver, contracts, agreements, assignments, concessions, licenses, options and all other similar instruments, (b) to engage any agents or contractors,
including banks, stock brokers and attorneys, (c) to amend the Plan, and (d) to otherwise do all acts and things necessary or suitable in connection with the exercise of any of the
aforementioned powers; provided, that no such authorization shall extend to any amendment of the plan that increases the number of shares available for purchase under the Plan. 

        2.    Eligibility.    All employees of any non-U.S., non-Canadian, non-Netherlands
subsidiary of the Company as of July 1, 2000, of any Netherlands subsidiary as of January 1, 2001, of any Canadian subsidiary as of July 1, 2004 and any other subsidiary
designated by the Board or the Committee from time to time (each, a "Subsidiary"), including any Director who is an employee of a Subsidiary, are eligible to participate in any one or more of the
offerings of Options (as defined in Section 9) to purchase Staples Common Stock under the Plan provided that: 

        a.     they
have been employed by the Subsidiary for at least 90 days prior to enrolling in the Plan; 

        b.     they
are employees of the Subsidiary on the first day of the applicable Plan Period (as defined below); and 

        c.     they
meet any other requirements imposed from time to time by the Board or the Committee on employees of one or more Subsidiaries. 

        No
employee may be granted an option hereunder if such employee, immediately after the option is granted, owns 5% or more of the total combined voting power or value of the stock of the
Company or any subsidiary. For purposes of the preceding sentence, the attribution rules of Section 424(d) of the U.S. Internal Revenue Code of 1986, as amended (the "Code"), shall apply in
determining the stock ownership of an employee, and all stock which the employee has a contractual right to purchase shall be treated as stock owned by the employee. 

        3.    Offerings.    The Company will make one or more offerings ("Offerings") to employees to purchase stock under
this Plan. The first Offering will begin on November 1, 1998, or the first business day thereafter (the "Offering Commencement Dates") and end on June 30, 1999. Thereafter, each 

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July 1
and January 1 will be an Offering Commencement Date. Each Offering Commencement Date will begin a period (a "Plan Period") during which payroll deductions will be made and held
for the purchase of Staples Common Stock at the end of the Plan Period. The first Plan Period will be eight (8) months and thereafter each Plan Period will be six (6) months ending on
June 30 or December 31. The Board or the Committee may, at its discretion, choose a different Plan Period of twelve (12) months or less for subsequent Offerings. 

4.    Participation.    

        a.    Enrollment.    An employee eligible on the Offering Commencement Date of any Offering may participate in such
Offering by enrolling, in such manner and at such time approved, from time to time, by the Board or the Committee, prior to the applicable Offering Commencement Date in said Offering. The enrollment
will authorize a regular payroll deduction from the Compensation received by the employee during the Plan Period. Unless an employee changes his enrollment in a manner prescribed by the Committee from
time to time or withdraws from the Plan, his deductions and purchases will continue at the same rate for future Offerings under the Plan as long as the Plan remains in effect. The term "Compensation"
shall be defined by the Board or the Committee from time to time, but until modified shall mean regular earnings and sales rewards or other sales-related payments made to sales associates in lieu of
commissions, and excluding payments for overtime, incentive compensation, shift premiums, bonuses, contributions to all employee fringe benefit plans (except employee contributions in lieu of cash
earnings pursuant to any "cash or deferred plan" or "cafeteria plan"), allowances and reimbursements, income or gains on the exercise of Company stock options, or stock appreciation rights, and other
special payments except to the extent that the inclusion of any such item is specifically approved by the Board. 

        b.    Tax Withholding Authorized.    The enrollment of each employee shall constitute such participating employee's
authorization of his or her employer, to the extent permitted by applicable law, to deduct from such employee's compensation in the relevant month or months (or subsequent months, if appropriate) any
amount appropriate for the payment or reimbursement of any tax liability payable by such employee with respect to the grant or exercise of the options hereunder, or the sale of any stock acquired
through the exercise of such option. 

5.    Deductions.    The Company will maintain payroll deduction accounts for all participating employees. With respect to any
Offering made under this Plan, an employee may authorize a payroll deduction in any amount up to a maximum of ten percent (10%) of the Compensation he or she receives during the Plan Period or such
shorter period during which deductions from payroll are made. Payroll deductions may be made in any whole percentage up to ten percent (10%). Each participating employee shall designate what
percentage of his or her payroll deductions during the Offering shall be used to purchase Staples Common Stock upon the completion of such Offering, subject to any limits as may be imposed for such
Offering by the Board or the Committee. Any change in compensation during the Plan Period will result in an automatic corresponding change in the amount withheld. The payroll deductions shall be made
in the applicable local currency and will be converted into United Stated currency at the prevailing rate of exchange in effect on the date determined by the Board or the Committee from time to time.
All amounts deducted may be transferred to an account of the Company or the Subsidiary outside the country in which such employee is employed. 

        The
Board or the Committee may permit direct contributions by eligible employees of a Subsidiary instead of payroll deductions if it determines such action to be advisable, and on such
terms as it deems advisable. In the event that such direct contributions are permitted, the Board or Committee may modify other terms of this Plan to reflect such direct contributions. 

        No
employee may be granted an Option (as defined in Section 9) which permits his rights to purchase Staples Common Stock under this Plan and any other employee stock purchase plan
of the Company and its subsidiaries (as defined by the Board or the Committee), to accrue at a rate which 

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exceeds
$25,000 of the Fair Market Value (as defined below) of Staples Common Stock (determined at the Offering Commencement Date of the Plan Period) for each calendar year in which the Option is
outstanding at any time. Options granted during any Plan Period to all officers and Directors of the Company shall not equal or exceed fifty percent (50%) of the total Options granted during such Plan
Period. 

6.    Deduction Changes.    An employee may discontinue his payroll deduction once during any Plan Period, up to such deadline as
may be established by the Board or the Committee, prior to the close of business on the last business day, in such manner as may be permitted by the Board or Committee. However, an employee may not
increase or decrease his payroll deduction, during a Plan Period. If an employee elects to discontinue his payroll deductions during a Plan Period, amounts previously withheld will be refunded to the
employee without interest. The refund will be made in the currency in which such Participant's deductions were originally made or, if such employee is employed in a country which maintains a fixed
exchange rate between its local currency and the Euro, there may be repayment in Euros ("Payment in Euros"). 

7.    Interest.    Interest will not be paid on any employee accounts. 

8.    Withdrawal of Funds.    An employee may at any time up to such deadline as may be established by the Board or the Committee,
which deadline shall be prior to the close of business on the last business day in a Plan Period, and for any reason, permanently draw out the balance accumulated in the employee's account (which will
be paid in the local currency or, at the discretion of the Board or the Committee, there may be Payment in Euros), and thereby withdraw from participation in an Offering. Partial withdrawals are not
permitted. The employee may not begin participation again during the remainder of the Plan Period. The employee may participate in any subsequent Offering in accordance with terms and conditions
established by the Board or the Committee. 

9.    Purchase of Shares.    On the Offering Commencement Date of each Plan Period, the Company will grant to each eligible employee
who is then a participant in the Plan an option ("Option") to purchase on the last day of such Plan Period (the "Exercise Date"), at the Option Price hereinafter provided for, the largest number of
shares of Staples Common Stock (subject to any limits as may be imposed for such Offering by the Board or the Committee) as does not exceed the number of shares determined by dividing $12,500 by the
Fair Market Value (as defined below) of Staples Common Stock on the Offering Commencement Date of such Plan Period; provided that, if the Plan Period is any period other than six months, then $12,500
shall be adjusted proportionately to reflect the length of the Plan Period. 

        The
purchase price for each share purchased will be 85% of the Fair Market Value (as defined below) of Staples Common Stock on (i) the first business day of such Plan Period or
(ii) the Exercise Date, whichever shall be less. For purposes of this Plan, "Fair Market Value" shall mean (a) the closing price on any national securities exchange on which Staples
Common Stock is listed, (b) the closing price of Staples Common Stock on the NASDAQ National Market or (c) the average of the closing bid and asked prices in the
over-the-counter-market, whichever is applicable, as published in The Wall Street Journal. If no sales of Staples Common Stock
were made on such a day, the price of Staples Common Stock for purposes of clauses (a) and (b) above shall be the reported price for the next preceding day on which sales were made. 

        Each
employee who continues to be a participant in the Plan on the Exercise Date shall be deemed to have exercised his Option at the Option Price on such date and shall be deemed to have
purchased from the Company the number of shares of Staples Common Stock (including fractional shares calculated up to 5 decimal places) reserved for the purpose of the Plan that his accumulated
payroll deductions on such date will pay for, in United States currency as of that date, but not in excess of the maximum number determined in the manner set forth above, subject to any limits on
allocation as may be imposed by the Board or the Committee for such Offering. 

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        Any
balance remaining in an employee's payroll deduction account at the end of a Plan Period will be automatically refunded to the employee in the local currency or there may be Payment
in Euros. 

10.    Issuance of Certificates.    Certificates representing shares of Staples Common Stock purchased under the Plan may be issued
only in the name of the employee, in the name of the employee and another person of legal age as joint tenants with rights of survivorship, or (in the Company's sole discretion) in the name of a
brokerage firm, bank or other nominee holder designated by the employee or in the name of the Plan with appropriate allocation to the participating employee. The Company may, in its sole discretion
and in compliance with applicable laws, authorize the use of book entry registration of shares in lieu of issuing stock certificates. 

11.    Rights on Retirement Death or Termination of Employment.    In the event of a participating employee's termination of
employment prior to the last business day of a Plan Period, no payroll deduction shall be taken from any pay due and owing to an employee and the balance in the employee's account shall be paid to the
employee or, in the event of the employee's death (a) to the executor, personal representative, or administrator of the employee's estate or (b) if no such executor, personal
representative, or administrator has been appointed to the knowledge of the Company, to such other person(s) as the Company may, in its discretion, designate. If, prior to the last business day of the
Plan Period, the designated Subsidiary by which an employee is employed shall cease to be a subsidiary of the Company, or if the employee is transferred to a subsidiary of the Company that is not a
Subsidiary, the employee shall be treated hereunder as a Terminating Employee. 

12.    Optionees Not Stockholders.    Neither the granting of an Option to an employee nor the deductions from his pay shall
constitute such employee a stockholder of the shares of Staples Common Stock covered by an Option under this Plan until such shares have been purchased by and issued to him or to an account for his
benefit. 

13.    Rights Not Transferable.    Rights under this Plan are not transferable by a participating employee other than by will or the
laws of descent and distribution, and are exercisable during the employee's lifetime only by the employee. 

14.    Application of Funds.    To the extent consistent with applicable law, all funds received or held by the Company or any
Subsidiary under this Plan may be combined with other corporate funds and may be used for any corporate purpose and moved outside the country in which they are deducted from payroll. 

15.    Adjustment in Case of Changes Affecting Staples Common Stock.    In the event of a subdivision or combination of outstanding
shares of Common Stock, or the payment of a dividend of Staples Common Stock, the number of shares approved for this Plan, and the share limitation set forth in Section 9, and the purchase
price shall be adjusted proportionately. In the event of any other change affecting Staples Common Stock, such adjustment shall be made as may be deemed equitable by the Board or the Committee to give
proper effect to such event. 

16.    Merger.    If the Company shall at any time merge or consolidate with another corporation and the holders of the capital
stock of the Company immediately prior to such merger or consolidation continue to hold at least 80% by voting power of the capital stock of the surviving corporation ("Continuity of Control"), the
holder of each Option then outstanding will thereafter be entitled to receive at the next Exercise Date upon the exercise of such Option for each share as to which such Option shall be exercised the
securities or property which a holder of such shares of Staples Common Stock was entitled to upon and at the time of such merger or consolidation, and the Board or the Committee shall take such steps
in connection with such merger or consolidation as the Board or the Committee shall deem necessary to assure that the provisions of Section 15 shall thereafter be applicable, as nearly as
reasonably may be, in relation to the said securities or property as to which such holder of such Option might thereafter be entitled to receive thereunder. 

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        In
the event of a merger or consolidation of the Company with or into another corporation which does not involve Continuity of Control, or of a sale of all or substantially all of the
assets of the Company while unexercised Options remain outstanding under the Plan, (a) subject to the provisions of clauses (b) and (c), after the effective date of such transaction,
each holder of an outstanding Option shall be
entitled, upon exercise of such Option, to receive in lieu of shares of Staples Common Stock, shares of such stock or other securities as the holders of shares of Staples Common Stock received
pursuant to the terms of such transaction; or (b) all outstanding Options may be cancelled by the Board or the Committee as of a date prior to the effective date of any such transaction and all
payroll deductions shall be paid out to the participating employees; or (c) all outstanding Options may be cancelled by the Board or the Committee as of the effective date of any such
transaction, provided that notice of such cancellation shall be given to each holder of an Option, and each holder of an Option shall have the right to exercise such Option in full based on payroll
deductions then credited to his account as of a date determined by the Board or the Committee, which date shall not be less than ten (10) days preceding the effective date of such transaction. 

17.    Amendment of the Plan.    The Board may at any time, and from time to time, amend this Plan in any respect. 

18.    Insufficient Shares.    In the event that the total number of shares of Staples Common Stock specified in elections to be
purchased under any Offering plus the number of shares purchased under previous Offerings under this Plan exceeds the maximum number of shares issuable under this Plan, the Board or the Committee will
allot the shares then available on a pro rata basis. In the event that the total number of shares of Staples Common Stock specified in elections to be purchased in any Offering exceeds the maximum
number of shares available for purchase in such Offering (as specified by the Board or the Committee), the Board or the Committee will allot the shares available on a pro rata basis or in such other
manner as it, in its sole discretion, deems appropriate. 

19.    Termination of the Plan.    This Plan may be terminated at any time by the Board. Upon termination of this Plan all amounts
in the accounts of participating employees shall be promptly refunded in local currency or there may be Payment in Euros. 

20.    Governmental Regulations.    The Company's obligation to sell and deliver Staples Common Stock under this Plan is subject to
approval of all applicable governmental authorities required in connection with the authorization, issuance or sale of such stock. 

21.    Governing Law.    The Plan shall be governed by Massachusetts law except to the extent that such law is preempted by U.S.
federal law or other applicable law. 

22.    Issuance of Shares.    Shares may be issued upon exercise of an Option from authorized but unissued Staples Common Stock,
from shares held in the treasury of the Company, or from any other proper source. 

23.    Notification upon Sale of Shares.    Each employee agrees, by entering the Plan, to promptly give the Company notice of any
disposition of shares purchased under the Plan within such period as the Committee or Board may require from time to time. 

24.    Effective Date.    The Plan shall take effect on July 1, 2000. 

25.    Dividends on Shares Purchased under the Plan.    Each employee who enrolls in the Plan agrees, for so long as shares of
Staples Common Stock purchased by the employee at any time under the Plan (the "Purchased Shares") are held by the employee in an account with a bank, transfer agent, or other financial institution
designated by the Company to hold the Purchased Shares (the "Financial Institution"), to (1) participate in the Staples dividend reinvestment program maintained by the Financial Institution
(the "DRIP") such that the employee shall receive, in lieu of any cash dividend paid or payable by the Company with respect to the employee's Purchased Shares that are held in an account with the
Financial Institution (the "Captive Shares"), shares of Staples Common Stock (including any fractional shares) pursuant to the terms of the DRIP, and (2) allow the Company to take all
reasonably necessary and appropriate actions to ensure that the amount of any cash dividend paid or payable by the Company with respect to the employee's Captive Shares is paid in the form of Staples
Common Stock instead of cash. 

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QuickLinks

Exhibit 10.26

STAPLES, INC. AMENDED AND RESTATED INTERNATIONAL EMPLOYEE STOCK PURCHASE PLANQuickLinks
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Exhibit 10.30    
    

 
 

STAPLES, INC.    
    
    Amended and Restated
  Supplemental Executive Retirement Plan    
    

        WHEREAS, Staples, Inc. (the "Company") heretofore adopted the Staples, Inc. Supplemental Executive
Retirement Plan (the "Plan"), an unfunded plan maintained for the purpose of providing deferred compensation for a select group of management or highly compensated employees within the meaning of the
United States Code of Federal Regulations Section 2520.104-23 and Sections 201(2), 301(a)(3) and 401(a)(1) of the Employee Retirement Income Security Act of 1974 ("ERISA");
and 

        WHEREAS, the Company desires to amend the Plan to satisfy the requirements of Section 409A of the Internal Revenue Code of 1986, as
amended (the "Code); 

        NOW, THEREFORE, effective January 1, 2008, the Plan is amended and restated to comply with Section 409A of the Code, with
the Plan being operated in good faith compliance with Code Section 409A for the period January 1, 2005 to December 31, 2007. 

Section 1. Purpose of Plan  

        The purpose of the Plan is to permit certain executives of the Company to elect to defer receipt of a portion of their annual compensation in supplement to their
pre-tax contributions made to the Staples, Inc. Employees' 401(k) Savings Plan (the "401(k) Plan"). 

        The
Plan is intended to qualify as an unfunded, deferred compensation plan for a select group of management or highly compensated employees under ERISA. 

        The
obligation of the Company to make payments under the Plan constitutes solely an unsecured (but legally enforceable) promise of the Company to make such payments, and no person,
including any employee, shall have any lien, prior claim or other security interest in any property of the Company as a result of this Plan. Rather, any employee participating in the Plan shall have
the status of a general unsecured creditor of the Company. It is the intention of the parties hereunder that the Plan be unfunded for tax purposes and for purposes of Title I of ERISA. The Company
shall be the sole owner and beneficiary of any account provided for herein below and any property used to measure such account shall remain the sole and exclusive property of the Company. 

Section 2. Definitions  

	2.1
	"Administrator" means the Committee on Employee Benefit Plans as described in Section 15.

	2.2
	"Beneficiary" means the person or entity determined to be a Participant's beneficiary pursuant to Section 12.

	2.3
	"Board" means the board of directors of the Company.

	2.4
	"Change in Control" means a "change in ownership" of the Company, a "change in effective control" of the Company, or a "change in the
ownership of a substantial portion of the assets" of the Company (within the meaning of Section 409A of the Code).

	2.5
	"Code" means the Internal Revenue Code of 1986, as amended from time to time.

	2.6
	"Company" means Staples, Inc.

	2.7
	"Compensation" means the annual compensation paid to a Participant in cash by the Company for the calendar year (after any requisite
tax withholding and payroll deductions), including base pay, 

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other
regular earnings, overtime, shift differentials, commissions, any amounts deferred under a salary reduction agreement pursuant to the 401(k) Plan or under a "cafeteria plan" (within the meaning
of Section 125 of the Code) maintained by the Company, but exclusive of severance pay, expense reimbursements, awards, any moving expenses paid by the Company, car allowance, taxable fringe
benefits, group term life insurance over $50,000, expatriate compensation, exercised stock options and short and long-term disability paid by a third party. 

	2.8
	"ERISA" means the Employee Retirement Income Security Act of 1974, as amended from time to time.

	2.9
	"401(k) Plan" means the Staples, Inc. Employees' 401(k) Savings Plan, as amended from time to time.

	2.10
	"Participant" means an employee of the Company who is eligible to participate in the Plan pursuant to Section 2.

	2.11
	"Plan" means the Staples, Inc. Supplemental Executive Retirement Plan, as set forth herein and as amended from time to time.

	2.12
	"Plan Year" means the calendar year. 

Section 3. Eligible Employees  

        The employees eligible to participate in the Plan shall be those individuals who qualify under the criteria set forth on Schedule A and who have both
attained age twenty-one (21) and completed "six (6) Months of Service" (as defined, for purposes of eligibility to participate, under the 401(k) Plan, the terms of which are
incorporated herein by this reference). 

Section 4. Election to Defer Compensation  

        An eligible employee may begin participating in the Plan, as of the first day of the calendar quarter (October 1, January 1, April 1 or
July 1, the "entry date") coinciding with or next following the date on which the eligibility requirements (set forth under Section 3) are first satisfied, by making a deferral election
during the thirty (30) day period immediately preceding such entry date. Any such deferral election shall be made in accordance with the provision of Section 409A of the Code and shall
apply only to Compensation earned after the applicable entry date. In this regard, a Participant may elect to defer one percent (1%) to one hundred percent (100%) of his Compensation, less any
requisite tax withholding and payroll deductions, for the balance of the Plan Year. Any election so made shall be binding for each following Plan Year, provided that it may be revised or revoked on or
before December 31 for any subsequent Plan Year, or such earlier date as the Administrator may specify. 

        A
Participant may elect to defer a specified percentage (from one percent (1%) to one hundred percent (100%) of any key man bonus and/or retail management bonus (which are intended to
qualify as "performance-based compensation" within the meaning of Section 409A of the Code) to be paid on his behalf for a fiscal year by filing an election with the Administrator (pursuant to
Section 5) on or prior to July 31 of such fiscal year. 

        An
otherwise eligible employee who fails to begin participating in the Plan as of the first possible entry date may not begin participating until the first day of any following Plan
Year. 

Section 5. Accounts  

        Each Participant may elect to establish a separate "in-service withdrawal account" for each year of participation, such account to be established and
maintained on the Company's books and shall record (a) any Compensation deferred by the Participant under the Plan which the Participant has elected to be credited into such account, and
(b) the allocation of any hypothetical investment experience. There 

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shall
also be established for each Participant a separate "retirement account" which shall record (a) any Compensation deferred by the Participant, under the Plan which the Participant has not
elected to be credited to the "in-service withdrawal account" and any Company contributions made on his behalf under the Plan and (b) the allocation of any hypothetical investment
experience. Each Participant's account hereunder shall be reduced by any distributions made plus any federal, state and/or local tax withholding and any social security withholding tax as may be
required by law. 

Section 6. Manner of Election  

        Any election(s) made by a Participant pursuant to this Plan shall be made at the time(s) and in the manner as the Administrator shall from time to time prescribe. 

Section 7. Company Contributions  

        Each year, the Company shall contribute to the Plan on behalf of each Participant, a matching contribution equal to one hundred percent (100%) of the first four
percent (4%) of the Participant's Compensation (excluding any bonuses) deferred under the Plan, and with respect to any key man bonuses and/or retail management bonuses deferred under the Plan for the
fiscal year, a matching contribution in an amount equal to one hundred percent (100%) of the first four percent (4%) of any such bonus so deferred. 

        The
Company reserves the right to make a supplemental matching contribution for any Participant at the end of the year to ensure the full matching contribution is received. 

        In
addition to the matching contribution described above, for any Plan Year, the Company may elect to allocate an additional discretionary contribution to the account of any Participant,
or any group of Participants, as selected by the Board, in any amount and manner as determined by the Board. 

Section 8. Investment of Accounts  

        The Administrator, in its discretion, may from time to time designate one or more investment media in which the portion of a Participant's account representing
his deferrals shall be hypothetically invested. The Administrator shall provide the Participant the opportunity to determine how such portion of the Participant's account shall be deemed to be
hypothetically invested from among the available investment options, and may permit changes in those investment directions at whatever frequency it deems appropriate and within whatever limitations
are applicable to any investment option. As of January 1, 2008, a Participant may also direct the hypothetical investment of the portion of his account attributable to any Company contributions
made on his behalf, after September 30, 2004. If a Participant makes an investment selection, the Administrator may follow such investment selection but shall not be legally bound to do so. 

        Any
Company contributions made on behalf of a Participant beginning October 1, 2004 through December 31, 2007 were hypothetically invested in insurance contracts designated
by the Administrator. Such rate of interest for each calendar year was the insurer's declared crediting rate on such insurance policies, as of December 1 of the preceding year, plus 125 basis
points, with the rate being rounded to the nearest one tenth of a percent. 

        The
portion, if any, of a Participant's account derived from Company matching contributions made prior to October 1, 2004 shall be credited with gains and losses as if it had been
invested in Staples, Inc. common stock, provided however, that a Participant shall have the same investment diversification rights (except with respect to the available investment options), as
exist under the 401(k) Plan. 

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Section 9. Vested Status of a Participant's Account  

        A Participant shall at all times have a nonforfeitable ("vested") right to the fair market value of any in-service withdrawal account(s) established
under Section 5. 

        Subject
to the following provisions of this Section, if a Participant separates from service with the Company (within the meaning of Section 409A of the Code) for any reason on or
after his Normal Retirement Age (within the meaning of the 401(k) Plan), or prior to that date as a result of the Participant's "disability", or as a result of the Participant's death, such
Participant shall have a nonforfeitable (vested) right to the fair market value of the Participant's retirement account. For this purpose, a Participant shall be considered "disabled" if he is
determined to be "permanently and totally disabled" by the Social Security Administration. 

        Except
as otherwise provided herein below, if a Participant separates from service with the Company for any other reason other than Normal Retirement, death, or disability, such
Participant shall be entitled to receive the vested value of his retirement account. For this purpose, each Participant shall at all times have a nonforfeitable (vested) right to his retirement
account derived from any Compensation deferred pursuant to Section 4. However, with respect to any Company matching contributions made on the Participant's behalf pursuant to Section 7,
the Participant shall have a nonforfeitable (vested) right to a percentage of the fair market value of such portion of his retirement account as follows: 

	Years of Service
 
	 	Vested Percentage
	 
	Less than 1 year	 	0	%
	
1 year but less than 2 years	
 	

20	
%
	
2 years but less than 3 years	
 	

40	
%
	
3 years but less than 4 years	
 	

60	
%
	
4 years but less than 5 years	
 	

80	
%
	
5 years or more	
 	

100	
%

        For
this purpose, a Participant shall be credited with Year(s) of Service in accordance with the terms of the 401(k) Plan as then in effect (as it pertains to vesting purposes).
Provided, however, that any member of the Company's board of directors who is not an employee of the Company, who subsequently becomes an eligible employee and then a Participant, shall be credited
with any prior service as a director in determining said Participant's Year(s) of Service. 

        With
respect to any additional discretionary contributions made on the Participant's behalf pursuant to Section 7, the Participant shall have a nonforfeitable (vested) right to a
percentage of the fair market value of such portion of his retirement account in accordance with the vesting schedule established by the Administrator at the time such additional discretionary
contribution is made by the Company. 

        The
nonvested portion of a Participant's retirement account, as determined above, shall be forfeited as of the Participant's separation from service. If any contributions have been made
to a trust with respect to such account, the forfeited portion shall remain in such trust and be used to fund future contributions by the Company and/or used to pay Plan administrative expenses 

4

 

Section 10. Payment of a Participant's Account  

        Each Participant may also elect, on the election form used to make his or her initial deferral election hereunder, or through such other method acceptable to the
Administrator, either of the following modes of distribution for his retirement account: 

	(a)
	a
single lump sum payment; or

	(b)
	annual
installments over a period of up to fifteen (15) years, the amount of each installment to equal the balance of the Participant's vested retirement account as of the date
of the distribution divided by the number of installments remaining to be paid. Each subsequent installment shall be made in the calendar month containing the one (1) year anniversary of the
prior payment. Such installment election however, shall be given effect only if the Participant separates from service after having both attained age fifty-five (55) and completed
five (5) years of service (as measured from date of hire and each anniversary date, without regard to hours). 

If
a Participant does not otherwise have a valid distribution election on file, or if the balance of the Participant's retirement account does not exceed the amount in effect for the applicable year
under Code Section 402(g)(1)(B) as of the date of the Participant's separation from service, the Participant's vested retirement account shall be distributed in a lump sum payment. 

        Any
Participant, who on or before December 31, 2003 elected annual cash installments over a period not exceeding five (5) years, shall retain the right to have his vested
retirement account distributed in the manner so elected, without regard to age or service. 

        Upon
a Participant's separation from service with the Company (within the meaning of Section 409A of the Code), distribution of the Participant's vested retirement account shall
normally be made or commence in the calendar month following the month in which the separation from service occurs; provided, however, that, to the extent permitted under Section 409A of the
Code, in the event that it is not administratively feasible to have payment made at that time, distribution can be made at a later date within the same calendar year; and provided further that, if the
Company is subject to the provisions of Section 409A(2)(B)(i) of the Code, and if the Participant is a "specified employee" of the Company (as determined under said Section 409A),
distribution shall be made or commence in the seventh (7th) calendar month following the month in which the separation from service occurs; provided, however, that, to the extent
permitted under Section 409A of the Code, in the event that it is not administratively feasible to have payment made at that time, distribution can be made at a later date within the same
calendar year. For purposes of identifying a "specified employee," the definition of compensation under Section 1.415(c)-2(d)(2) of the Income Tax Regulations shall apply, the
specified employee identification date shall be December 31, and the specified employee effective date shall be the first day of the fourth month following such identification date. 

        Subject
to the following provisions of this Section, a Participant may elect to change the mode of distribution for his retirement account, subject to the following conditions:
(i) any such election may not take effect until twelve (12) months after the date on which the election is made; and (ii) the payment with respect to such election must be
deferred for a period of at least five (5) years from the date on which payment would otherwise have been made or commenced; and (iii) in the event of an installment election, the
election shall be given effect only if the Participant separates from service after having both attained age fifty-five (55) and completed five (5) years of service (as
measured from the Participant's date of hire and each anniversary date, without regard to hours). 

        Subject
to the following provisions of this Section, any "in-service" withdrawal account(s) established for a Participant under Section 5 shall be distributed in a
lump sum payment on the date designated by the Participant as part of his annual deferral election with respect to which the in-service withdrawal account was established under the Plan,
which date may not be earlier than five years 

5

 

following
the year of the deferral election. However, a Participant may elect to extend any in-service withdrawal date for a period of not less than 5 years; provided such election
was made at least 12 months prior to the date on which the payment would otherwise have been made. 

        Provided,
however, that a Participant shall be permitted to make withdrawal and/or distribution elections in 2006 and 2007 subject to the provisions of IRS Notice 2006-79 and
withdrawal and/or distribution elections in 2008 subject to the provisions of IRS Notice 2007-86 or any subsequent guidance. 

        Notwithstanding
the foregoing provisions of this Section 10, if distribution of a Participant's vested retirement account is to be made or commence prior to the selected
distribution date of any in-service withdrawal account, any remaining in-service withdrawal account(s) shall be distributed at the same time and in the same manner as the
Participant's retirement account. 

Section 11. Death Benefit  

        In the event of the death of a Participant while in the employ of the Company or any "affiliate" thereof, vesting in the Participant's retirement account shall be
one hundred percent (100%), if not otherwise one hundred percent (100%) vested under Section 9, with the fair market value of the Participant's retirement account, (and any outstanding
in-service withdrawal account(s)), being distributed to the Participant's Beneficiary in a lump-sum cash payment. In the event of the death of a Participant after termination
of employment, but prior to the complete distribution of his vested account under the Plan, the balance of the Participant's vested retirement account (and any remaining in-service
withdrawal account(s)) shall be distributed to the Participant's Beneficiary in a lump-sum payment. 

        Any
such lump sum death benefit shall be distributed in the calendar month following the calendar month of the Participants death; provided, however, that, to the extent permitted under
Section 409A of the Code, in the event that it is not administratively feasible to have payment made at that time, distribution can be made at a later date within the same calendar year. 

Section 12. Beneficiary Designation  

        A Participant's Beneficiary hereunder shall be the same person or persons designated by the Participant under the 401(k) Plan unless a separate Beneficiary
designation has been established under the Plan in the manner prescribed by the Administrator. 

        In
the absence of any such designation, or if no designated Beneficiary survives the Participant, any amounts payable following the Participant's death shall be paid to the Participant's
surviving spouse, or if none, to the Participant's estate. 

Section 13. Domestic Relations Orders  

        If a domestic relations order issued by any court of proper authority directs assignment of all or any portion of a Participant's vested account(s) to the
Participant's spouse or former spouse as part of a divorce settlement, the portion so assigned shall be distributed, in a lump-sum, to the spouse or former spouse within ninety
(90) days following the close of the Plan Year in which the order was received by the Administrator or, if later, following the close of the Plan Year in which the order clearly specifies the
amount to be assigned and any other terms necessary to comply with such order and with the provisions of Code Section 409A. 

Section 14. Distribution in the event of Unforeseeable Emergency  

        In the event of an "unforeseeable emergency" (within the meaning of Section 409A of the Code), a Participant may, by filing a written election with the
Administrator, elect to receive a distribution 

6

 

from
the Plan in an amount not to exceed the lesser of (i) the fair market value of the Participant's vested retirement account or (ii) the amount necessary to satisfy the unforeseeable
emergency, subject to ordinary income tax withholding. 

Section 15. Administration  

        The Committee on Employee Benefit Plans, as constituted pursuant to the terms of the 401(k) Plan (the "Administrator"), shall have the general authority to
control and manage the operation and administration of the Plan. In connection herewith, the Administrator shall also have the following powers and duties: (1) to adopt rules and regulations
necessary for the performance of its duties under the Plan; (2) to construe the Plan and to decide all questions arising under the Plan; (3) to act for the Company in connection with any
administrative or judicial proceeding affecting the Plan; (4) to employ, subject to the requirements of the financial officers of the Company, persons to render accounting, actuarial, legal,
investment or insurance advice and to rely on such advice; (5) to determine the eligibility of Participants to receive benefits and the amount of benefits to which any Participant or
Beneficiary may be entitled under the Plan and to enforce the claims procedure set forth in Section 16; and (6) such other responsibilities as are provided for under the terms of this
Plan. 

        In
connection with the administration of the Plan, any two of the Chief Executive Officer, President, Chief Financial Officer, Treasurer, Secretary or Executive Vice
President—Human Resources of Staples, Inc., acting jointly, by and on behalf of the Company, are hereby authorized: 

	(1)
	to
negotiate, fix and vary the terms of, and to execute and deliver, contracts, agreements, indentures, trusts, assignments, concessions, licenses, options, and all other similar
instruments;

	(2)
	to
appoint trustees and to engage any agents or contractors, including banks, insurance brokers, and attorneys;

	(3)
	to
amend or terminate the Plan;

	(4)
	to
otherwise do all acts and things necessary or suitable in connection with the exercise of any of the aforementioned powers; 

provided,
however, that no such authorization shall extend to any implementation, amendment, approval, or modification of the Plan which is reserved to the Board or stockholders of the Company by the
Plan, statute, rule or regulation, including without limitation, rules promulgated under Section 16 of the Securities and Exchange Act of 1934. 

Section 16. Claims Procedure  

	(a)
	Application
for Benefits. The Administrator shall furnish to each Participant information about the benefits to which he or she is entitled under the Plan. The Administrator may
require any person claiming benefits under the Plan to submit a written application, together with such documents, evidence, and information as it considers necessary to process the claim.

	(b)
	Action
on Application. Within ninety (90) days after receipt of an application and all necessary documents and information, the Administrator shall furnish the claimant with a
written notice of its decision. If the Administrator denies the claim in whole or in part, the notice will set forth (1) specific reasons for the denial, with specific reference to Plan
provisions upon which the denial is based; (2) a description of any additional information or material necessary to process the application with an explanation why such material or information
is necessary; and (3) an explanation of the Plan's claim review procedure. 

If
special circumstances require an extension of time for processing the claim, the Administrator shall furnish the claimant written notice of the extension before the end of the initial ninety 

7

 

(90)-day
period. In no event shall the extension exceed a period of ninety (90) days from the end of the initial period. The notice shall explain the circumstances requiring an
extension of time and the date by which the Administrator expects to render a decision. 

	(c)
	Claim
Review. The claimant who does not agree with the decision rendered on his application may request that the Administrator review the decision. The request must be made within
sixty (60) days after the claimant receives the decision, or if the application has neither been approved nor denied within the ninety (90)-day period specified in
subsection (b), then the request must be made within sixty (60) days after expiration of the ninety (90)-day period. 

Each
request for review must be in writing and addressed to the Administrator. Concurrently with filing the request for review, or within the sixty (60) days request period, the claimant may
submit in writing
to the Administrator a statement of the issues raised by his appeal and supporting arguments and comments. 

During
the pendency of his appeal, the claimant may inspect all documents which are reasonably pertinent to his case, upon reasonable notice to the Administrator. However, under no circumstance shall
the Administrator be required to disclose to any claimant information concerning any person other than the Participant whose benefit is being claimed, to the extent such information is normally
treated as confidential. 

Where
the Administrator believes that the issues raised by the claimant's appeal may be more efficiently or fairly processed by taking testimony of the claimant or others, it shall set the matter for
oral hearing and give the claimant reasonable notice of the time and place. Whether or not an oral hearing is scheduled, the Administrator shall proceed promptly to resolve all issues raised by the
claimant's appeal and shall render a written decision on the merits, with a statement of the reasons and references to the pertinent supporting provisions of the Plan, within sixty (60) days
following receipt of the claimant's request for review. 

If
special circumstances require an extension of time, the Administrator shall render a decision as soon as possible, but not later than one hundred and twenty (120) days after receipt of the
request for review. If an extension is required, the Administrator shall furnish to the claimant written notice of the extension, including an explanation of the circumstances requiring the extension,
before the extension period begins. 

Section 17. Securing Payment of Plan Benefits  

        The Plan shall be operated at all times as an unfunded plan as required under ERISA. However, the Company reserves the right to take reasonable steps to secure
the payment of Plan benefits to the greatest extent possible without compromising the unfunded status of the Plan. Those steps may include, but is not limited to, the establishment of an irrevocable
nonqualified grantor trust (within the meaning of subpart E, part I, subchapter J, chapter 1, subtitle A of the Code). 

Section 18. Amendment  

        The Company, by resolution of the Board, shall have the right to amend, suspend or terminate the Plan at any time subject to the provisions of Section 409A
of the Code; provided, however, that, subject to the provisions of Section 15, any two of the Chief Executive Officer, President, Chief Financial Officer, Treasurer, Secretary or Executive Vice
President—Human Resources of Staples, Inc., acting jointly, by and on behalf of the Company shall have such right. Provided however,
that any termination of the Plan, with respect to some or all of the Participants, and any resulting distribution of the account balances of such affected Participants, shall be made in accordance
with the provisions of Section 409A of the Code and shall not constitute the impairment of such Participant's rights hereunder. 

8

 

Section 19. No Liability  

        No member of the Board or of the committee serving as the Administrator, and no officer or employee of the Company shall be liable to any person for any action
taken or omitted in connection with the administration of the Plan unless attributable to his own fraud or willful misconduct; nor shall the Company be liable to any person for any such action unless
attributable to fraud or willful misconduct on the part of the Administrator or a director, officer or employee of the Company. 

Section 20. No Assignment  

        Except as otherwise provided herein, a Participant's right to the amount credited to his or her account(s) under the Plan shall not be subject in any manner to
anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, attachment or garnishment by creditors of the Participant or the Participant's Beneficiary. Provided, however, that the
Company shall have the unrestricted right to set off against or recover out of any payments or benefits becoming payable to or for the benefit of a Participant, at the time such payments or benefits
otherwise become payable hereunder, any amounts owed or owing to the Company by such Participant. 

Section 21. Successors and Assigns  

        The provisions of this Plan shall be binding upon and inure to the benefit of the Company, its successors and assigns, and the Participant, his beneficiaries,
heirs, legal representatives and assigns. 

Section 22. No Contract of Employment  

        Nothing contained herein shall be construed as a contract of employment between a Participant and the Company, or as a right of the Participant to continue in
employment with the Company, or as a limitation of the right of the Company to discharge the Participant at any time, with or without cause. 

Section 23. Termination of Plan Upon Change in Control  

        The Company may elect to terminate the Plan within thirty (30) days preceding or the twelve (12) months following a Change in Control, subject to
the provisions of Section 409A of the Code). For this purpose, the Plan shall be treated as terminated only if substantially similar arrangements sponsored by the Company are terminated, so
that all Participants in the Plan and all participants under substantially similar arrangements are required to receive all amounts deferred under the terminated arrangements within twelve
(12) months of the date of termination of the arrangements. 

Section 24. Governing Law  

        This Plan shall be interpreted in a manner consistent with Code Section 409A and the guidance issued thereunder by the Department of the Treasury and the
Internal Revenue Service and shall also be subject to and construed in accordance with the provisions of ERISA, where applicable, and otherwise by the laws of the Commonwealth of Massachusetts,
without regard to the conflict of law provisions of any jurisdiction. 

9

 
 
 

SCHEDULE A    
    

Eligible employees for years beginning on and after January 1, 2008  

        Any employee at Grade Level of 40 and above. However, any employee who at the time of a grade level change to an ineligible grade is participating in the Plan, he
shall remain an eligible participant until such time as he terminates employment with the Company. 

10

QuickLinks

Exhibit 10.30

STAPLES, INC. Amended and Restated Supplemental Executive Retirement Plan

SCHEDULE A

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