Document:

Amended and Restated Stock Option Plan

 Exhibit 10.2 
 METROPARK USA, INC. 
 (f/k/a Santa Barbara Street Asylum, Inc.) 
 AMENDED AND RESTATED 
 STOCK OPTION
PLAN 

 Table of Contents 
  

					
	 	  	 	  	Page
			
	1.	  	ESTABLISHMENT AND PURPOSE	  	1
			
	2.	  	ADMINISTRATION; ELIGIBILITY	  	1
			
	3.	  	STOCK SUBJECT TO PLAN	  	2
			
	4.	  	STOCK OPTIONS	  	3
			
	5.	  	CHANGE IN CONTROL PROVISIONS	  	5
			
	6.	  	MISCELLANEOUS	  	6
			
	7.	  	DEFINITIONS	  	9

  

 i. 

 METROPARK USA, INC. 
 (f/k/a Santa Barbara Street Asylum, Inc.) 
 AMENDED AND RESTATED 
 STOCK OPTION PLAN 
  

	1.	ESTABLISHMENT AND PURPOSE. 

 The Santa Barbara Street Asylum,
Inc. 2004 Stock Option Plan is hereby amended and restated as the Metropark USA, Inc. Amended and Restated Stock Option Plan (the “Plan”) by Metropark USA, Inc., a Delaware corporation (the “Company”) (f/k/a Santa Barbara Street
Asylum, Inc.), to attract and retain persons eligible to participate in the Plan; motivate Participants to achieve long-term Company goals; and further align Participants’ interests with those of the Company’s other stockholders. The Plan
is amended and restated as of January 1, 2007, subject to approval by the Company’s stockholders within 12 months after such adoption date. Unless the Plan is discontinued earlier by the Board as provided herein, no Stock Option shall be
granted hereunder on or after the date 10 years after the Effective Date. 
 The Plan is intended to comply with Section 25102(o) of the California
Corporation Code. Any provision of this Plan which is inconsistent with Section 25102(o), including without limitation any provision of this Plan that is more restrictive than would be permitted by Section 25102(o) as amended from time to
time, shall, without further act or amendment by the Administrator, be reformed to comply with the requirements of Section 25102(o). 
 In addition to
terms elsewhere defined herein, certain terms used herein are defined as set forth in Section 7. 
  

	2.	ADMINISTRATION; ELIGIBILITY. 

 The Plan shall be administered
by a Committee; provided, however, that, if at any time no Committee is in office, the Plan shall be administered by the Board. The Plan may be administered by different Committees with respect to different groups of Eligible Individuals. As used
herein, the term “Administrator” means the Board or any of its Committees as may be designated to administer the Plan. 
 The Administrator shall
have plenary authority to grant Stock Options pursuant to the terms of the Plan to Eligible Individuals. Participation shall be limited to such persons as are selected by the Administrator. Stock Options may be granted as alternatives to, in
exchange or substitution for, or replacement of, other Stock Options outstanding under the Plan or any other plan or arrangement of the Company (including a plan or arrangement of a business or entity, all or a portion of which is acquired by the
Company); provided, however, that no grant or exchange of a Stock Option made pursuant to this Section 2 shall be made to the extent that such grant or exchange would violate Code Section 409A or prevent the Plan or a Stock Option from
qualifying for exemption under Code Section 409A. Stock Option provisions need not be the same with respect to each Participant. 
 Among other things,
the Administrator shall have the authority, subject to the terms of the Plan: 
 (a) to select the Eligible Individuals to whom Stock Options
may from time to time be granted; 
 (b) to determine the number of shares of Stock to be covered by each Stock Option granted hereunder;

 (c) to approve forms of agreement for use under the Plan; 
 (d) to determine the terms and conditions, not inconsistent with the terms of this Plan, of any Stock Option granted hereunder (including, but not limited to, the option price, any vesting restriction or limitation,
any vesting acceleration or forfeiture waiver and any right of repurchase, right of first refusal or other transfer restriction regarding any Stock Option and the shares of Stock relating thereto, based on such factors or criteria as the
Administrator shall determine); 
  

 1. 

 (e) subject to Section 6(a), to modify, amend or adjust the terms and conditions of any Stock
Option, at any time or from time to time, including, but not limited to, with respect to (i) performance goals and targets applicable to performance-based Stock Options pursuant to the terms of the Plan and (ii) extension of the
post-termination exercisability period of Stock Options; provided, however, that no modification, amendment or adjustment of a Stock Option made pursuant to this Section 2(e) shall be made to the extent that such modification, amendment or
adjustment would violate Code Section 409A or prevent the Plan or a Stock Option from qualifying for exemption under Code Section 409A; and 
 (f) to determine the Fair Market Value. 
 The Administrator shall have the authority to adopt, alter and repeal such
administrative rules, guidelines and practices governing the Plan as it shall, from time to time, deem advisable, to interpret the terms and provisions of the Plan and any Stock Option issued under the Plan (and any agreement relating thereto) and
to otherwise supervise the administration of the Plan. 
 Except to the extent prohibited by applicable law, the Administrator may allocate all or any
portion of its responsibilities and powers to any one or more of its members and may delegate all or any portion of its responsibilities and powers to any other person or persons selected by it. Any such allocation or delegation may be revoked by
the Administrator at any time. The Administrator may authorize any one or more of their members or any officer of the Company to execute and deliver documents on behalf of the Administrator. 
 Any determination made by the Administrator or pursuant to delegated authority pursuant to the provisions of the Plan with respect to any Stock Option shall be made in
the sole discretion of the Administrator or such delegate at the time of the grant of the Stock Option or, unless in contravention of any express term of the Plan, at any time thereafter. All decisions made by the Administrator or any appropriately
delegated officer pursuant to the provisions of the Plan shall be final and binding on all persons, including the Company and Participants. 
 No member of
the Administrator, and no officer of the Company, shall be liable for any action taken or omitted to be taken by such individual or by any other member of the Administrator or officer of the Company in connection with the performance of duties under
this Plan, except for such individual’s own willful misconduct or as expressly provided by law. 
  

	3.	STOCK SUBJECT TO PLAN. 

 Subject to adjustment as provided in
this Section 3, the aggregate number of shares of Stock which may be delivered under the Plan shall not exceed 6,463,143 shares; provided that at no time shall the total number of shares of Stock issuable upon exercise of all outstanding Stock
Options and the total number of shares of Stock provided for any stock bonus or similar plan of the Company exceed thirty percent (30%) (or any other applicable percentage), as calculated in accordance with the conditions and exclusions of
Section 260.140.45 of Title 10 of the California Code of Regulations and based on the number of shares of Stock of the Company which are outstanding at the time the calculation is made. 
 To the extent any shares of Stock covered by a Stock Option are not delivered to a Participant or beneficiary thereof because the Stock Option expires, is forfeited,
canceled or otherwise terminated, or the shares of Stock are not delivered because the Stock Option is settled in cash or used to satisfy any applicable tax or other withholding obligation, such shares shall not be deemed to have been delivered for
purposes of determining the maximum number of shares of Stock available for delivery under the Plan. 
 In the event of any Company stock dividend, stock
split, combination or exchange of shares, recapitalization or other change in the capital structure of the Company, corporate separation or division of the Company (including, but not limited to, a split-up, spin-off, split-off or distribution to
Company stockholders other than a normal cash dividend), sale by the Company of all or a substantial portion of its assets (measured on either a stand-alone or a consolidated basis), reorganization, rights offering, partial or complete liquidation,
or any other corporate transaction, Company share offering or other event involving the Company and having an effect similar to any of the foregoing, the Administrator shall make such substitution or adjustments in the (a) number and kind of
shares 

  

 2. 

 
that may be delivered under the Plan, (b) additional maximums imposed by this Section 3, (c) number and kind of shares subject to outstanding
Stock Options, (d) exercise price of outstanding Stock Options and (e) other characteristics or terms of the Stock Options as it may determine appropriate in its sole discretion to equitably reflect such corporate transaction, share
offering or other event; provided, however, that the number of shares subject to any Stock Option shall always be a whole number and provided further that no substitution or adjustment made pursuant to this Section 3 shall be made to the extent
that such substitution or adjustment would violate Code Section 409A or prevent the Plan or a Stock Option from qualifying for exemption under Code Section 409A. 
  

	4.	STOCK OPTIONS. 

 Stock Options may be of two types: Incentive
Stock Options and Non-Qualified Stock Options. Any Stock Option granted under the Plan shall be in such form as the Administrator may from time to time approve. 
 Except as described below, the Administrator shall have the authority to grant any Participant Incentive Stock Options, Non-Qualified Stock Options or both types of Stock Options. Incentive Stock Options may be granted only to employees of
the Company and its Subsidiaries. To the extent that any Stock Option is not designated as an Incentive Stock Option or, even if so designated, does not qualify as an Incentive Stock Option, it shall constitute a Non-Qualified Stock Option.
Incentive Stock Options may be granted only within 10 years from the date the Plan is adopted, or the date the Plan is approved by the Company’s stockholders, whichever is earlier. 
 Stock Options shall be evidenced by option agreements, each in a form approved by the Administrator. An option agreement shall indicate on its face whether it is intended to be an agreement for an Incentive Stock
Option or a Non-Qualified Stock Option. The grant of a Stock Option shall occur as of the date the Administrator determines. 
 Anything in the Plan to the
contrary notwithstanding, no term of the Plan relating to Incentive Stock Options shall be interpreted, amended or altered, nor shall any discretion or authority granted under the Plan be exercised, so as to disqualify the Plan under
Section 422 of the Code or, without the consent of the Optionee affected, to disqualify any Incentive Stock Option under Section 422 of the Code. 
 To the extent that the aggregate Fair Market Value of Stock with respect to which Incentive Stock Options are exercisable for the first time by a Participant during any calendar year (under all plans of the Company) exceeds $100,000, such
Stock Options shall be treated as Non-Qualified Stock Options. 
 Stock Options granted under this Section 4 shall be subject to the following terms and
conditions and shall contain such additional terms and conditions as the Administrator shall deem desirable: 
 (a) Exercise Price. The
exercise price per share of Stock purchasable under a Stock Option shall be determined by the Administrator, provided that the exercise price shall not be less than 100% of the Fair Market Value per share on the date the Stock Option is granted,
except that the exercise price shall not be less than 110% of the Fair Market Value per share on the grant date in the case of an individual who is a Ten Percent Holder. 
 (b) Option Term. The term of each Stock Option shall be fixed by the Administrator, but no Stock Option shall be exercisable more than 10 years (or five years in the case of an individual who is a Ten Percent
Holder) after the date the Stock Option is granted. 
 (c) Exercisability. 
 (i) Stock Options shall be exercisable and vested at a minimum rate of 20% per year over 5 years from the grant date; provided, however, that in the
case of officers, Directors or consultants of the Company or its Affiliates, Stock Options shall be exercisable at such time or times, and subject to such terms and conditions, as shall be determined by the Administrator. 
 (ii) If the Administrator provides that any Stock Option is exercisable only in installments, the Administrator may at any time waive such installment
exercise provisions, in whole or in part, based on such factors as the Administrator may determine. In addition, the Administrator may at any time, in whole or in part, accelerate the exercisability of any Stock Option. 
  

 3. 

 (iii) Notwithstanding anything to the contrary herein, no Stock Option granted hereunder shall be
exercised more than 120 months after the grant date of the Stock Option. 
 (iv) Any Stock Option exercised prior to shareholder approval of
the Plan shall be rescinded if shareholder approval is not obtained within twelve (12) months before or after the Plan is adopted by the Board. Shares of Stock issued pursuant to such Stock Option shall not be counted in determining whether
such approval is obtained. 
 (d) Method of Exercise. Subject to the provisions of this Section 4, Stock Options may be exercised,
in whole or in part, at any time during the option term by delivery of written notice of exercise to the Company specifying the number of shares of Stock subject to the Stock Option to be purchased. 
 The option price of any Stock Option shall be paid in full in cash (by certified or bank check or such other instrument as the Company may accept).

 No shares of Stock shall be issued upon exercise of a Stock Option until full payment therefor has been made. Upon exercise of a Stock
Option (or a portion thereof), the Company shall have a reasonable time to issue the Stock for which the Stock Option has been exercised, and the Optionee shall not be treated as a stockholder for any purposes whatsoever prior to such issuance. No
adjustment shall be made for cash dividends or other rights for which the record date is prior to the date such Stock is recorded as issued and transferred in the Company’s official stockholder records, except as otherwise provided herein or in
the applicable option agreement. 
 (e) Transferability of Stock Options. Except as otherwise provided in the applicable option
agreement, a Non-Qualified Stock Option: (i) shall be transferable by the Optionee to a Family Member of the Optionee, provided that (A) any such transfer shall be by gift with no consideration and (B) no subsequent transfer of such
Stock Option shall be permitted other than by will or the laws of descent and distribution; and (ii) shall not otherwise be transferable except by will or the laws of descent and distribution. An Incentive Stock Option shall not be transferable
except by will or the laws of descent and distribution. A Stock Option shall be exercisable, during the Optionee’s lifetime, only by the Optionee or by the guardian or legal representative of the Optionee, it being understood that the terms
“holder” and “Optionee” include the guardian and legal representative of the Optionee named in the applicable option agreement and any person to whom the Stock Option is transferred (X) pursuant to the first sentence of this
Section 4(e) or pursuant to the applicable option agreement or (Y) by will or the laws of descent and distribution. Notwithstanding the foregoing, references herein to the termination of an Optionee’s employment or provision of
services shall mean the termination of employment or provision of services of the person to whom the Stock Option was originally granted. 
 (f) Termination by Death or Disability. Unless otherwise provided in the applicable option agreement, if an Optionee’s employment or provision of services terminates by reason of death or Disability, any Stock Option held by
such Optionee may thereafter be exercised, to the extent then exercisable, or on such accelerated basis as the Administrator may determine, for a period of one year from the date of such death or Disability or until the expiration of the stated term
of such Stock Option, whichever period is shorter. In the event of termination of employment or provision of services due to death or Disability, if an Incentive Stock Option is exercised after the expiration of the exercise periods that apply for
purposes of Section 422 of the Code, such Stock Option will thereafter be treated as a Non-Qualified Stock Option. 
 (g) Other
Termination. Unless otherwise provided in the applicable option agreement, if an Optionee’s employment with the Company or provision of services to the Company terminates for any reason other than death or Disability, any Stock Option held
by such Optionee shall thereupon terminate; provided, however, that, if such termination of employment or provision of services is without Cause, such Stock Option, to the extent then exercisable, or on such accelerated basis as the Administrator

  

 4. 

 
may determine, may be exercised for the lesser of 30 days from the date of such termination of employment or provision of services or the remainder of such
Stock Option’s term, and provided, further, that if the Optionee dies within such period, any unexercised Stock Option held by such Optionee shall, notwithstanding the expiration of such period, continue to be exercisable to the extent to which
it was exercisable at the time of death for a period of 12 months from the date of such death or until the expiration of the stated term of such Stock Option, whichever period is shorter. In the event of termination of employment or provision of
services for any reason other than death or Disability, if an Incentive Stock Option is exercised after the expiration of the exercise periods that apply for purposes of Section 422 of the Code, such Stock Option will thereafter be treated as a
Non-Qualified Stock Option. 
 (h) Exception to Termination. Notwithstanding anything in this Plan to the contrary, if an
Optionee’s employment by, or provision of services to, the Company or an Affiliate ceases as a result of a transfer of such Optionee from the Company, or from an Affiliate to the Company, such transfer will not be a termination of employment or
provision of services for purposes of this Plan, unless expressly determined otherwise by the Administrator. A termination of employment or provision of services shall occur for an Optionee who is employed by, or provides services to, an Affiliate
of the Company if the Affiliate shall cease to be an Affiliate and the Optionee shall not immediately thereafter be employed by, or provide services to, the Company or an Affiliate. 
 (i) Participant Loans. The Administrator may in its discretion authorize the Company to: 
 (i) lend to an Optionee an amount equal to such portion of the exercise price of a Stock Option as the Administrator may determine; or 
 (ii) guarantee a loan obtained by an Optionee from a third-party for the purpose of tendering such exercise price. 
 The terms and conditions of any loan or guarantee, including the term, interest rate, whether the loan is with recourse against the Optionee and any
security interest thereunder, shall be determined by the Administrator, except that no extension of credit or guarantee shall obligate the Company for an amount that exceeds the lesser of (A) the aggregate Fair Market Value on the date of
exercise, less the par value, of the shares of Stock to be purchased upon the exercise of the Stock Option, and (B) the amount permitted under applicable laws or the regulations and rules of the Federal Reserve Board and any other governmental
agency having jurisdiction. 
 (j) Financial Statements. The Company shall provide, on at least an annual basis, financial statements
to Optionees in accordance with Section 260.140.46 of Title 10 of the California Code of Regulations. Notwithstanding the foregoing, the Company will not provide such financial statements to Optionees when issuance is limited to key employees
whose services in connection with the Company assure them access to equivalent information. 
 (k) Repurchase Rights. Any repurchase
right by the Company shall comply with the requirements of Section 260.140.41(k) of Title 10 of the California Code of Regulations. 
 (l) Voting Rights. The Company will comply with Section 260.140.1 of Title 10 of the California Code of Regulations with respect to the voting rights of Stock subject to Stock Options. 
  

	5.	CHANGE IN CONTROL PROVISIONS. 

 (a) Impact
of Event. Notwithstanding any other provision of the Plan to the contrary, except to the extent otherwise provided in an agreement granting a Stock Option, in the event of a Change in Control: 
 (i) The Committee shall have the discretion to accelerate the vesting of any Stock Options that are outstanding but not vested and exercisable as of the
date of such Change in Control, to the extent it deems appropriate. 
  

 5. 

 (ii) Outstanding Stock Options shall be subject to any agreement of merger or reorganization that effects
such Change in Control, which agreement shall provide for: 
 (A) The continuation of the outstanding Stock Options by the Company, if the
Company is a surviving corporation; 
 (B) The assumption of the outstanding Stock Options by the surviving corporation or its parent or
subsidiary; 
 (C) The substitution by the surviving corporation or its parent or subsidiary of equivalent stock options for the outstanding
Stock Options; or 
 (D) Settlement of each share of Stock subject to an outstanding Stock Option for the Change in Control Price (less, to
the extent applicable, the per share exercise price) or, if the per share exercise price equals or exceeds the Change in Control Price, the outstanding Stock Option shall terminate and be canceled. 
 (iii) In the absence of any agreement of merger or reorganization effecting such Change in Control, each share of Stock subject to an outstanding Stock
Option shall be settled for the Change in Control Price (less, to the extent applicable, the per share exercise price), or, if the per share exercise price equals or exceeds the Change in Control Price, the outstanding Stock Option shall terminate
and be canceled. 
 (b) Definition of Change in Control. For purposes of the Plan, a “Change in Control” shall mean
(i) a merger, consolidation, or sale of shares of capital stock of the Company to any Independent Third Party or affiliated group of Independent Third Parties pursuant to which the holders of the voting securities of the Company immediately
before the transaction own immediately after the transaction less than a majority of the outstanding voting securities of the surviving entity (or its parent) or the purchasing entity (or its parent), as the case may be, or (ii) the sale or
conveyance of all or substantially all of the Company’s assets (considered on a consolidated basis). In addition, the purchase by any institutional investor (including, but not limited to, any private equity or venture capital firm) of voting
or other securities of the Company from the Company shall not constitute a Change in Control. 
 (c) Change in Control Price. For
purposes of the Plan, “Change in Control Price” means the Fair Market Value of a share of Stock upon the Change in Control. To the extent that the consideration paid in any such Change in Control transaction consists all or in part of
securities or other non-cash consideration, the value of such securities or other non-cash consideration shall be determined in the sole discretion of the Board. 
  

	6.	MISCELLANEOUS. 

 (a) Amendment. The
Board may amend, alter, or discontinue the Plan, but, except as otherwise permitted pursuant to the agreement under which a Stock Option is granted, no amendment, alteration or discontinuation shall be made which would adversely affect the rights of
a Participant with respect to a Stock Option theretofore granted without the Participant’s consent, except such an amendment (i) made to avoid an expense charge to the Company or an Affiliate, or (ii) made to permit the Company or an
Affiliate a deduction under the Code. No such amendment shall be made without the approval of the Company’s stockholders to the extent such approval is required by law, agreement or the rules of any stock exchange or market on which the Stock
is listed. 
 The Administrator may amend the terms of any Stock Option theretofore granted, prospectively or retroactively, but no such
amendment shall adversely affect the rights of the holder thereof without the holder’s consent (except as otherwise permitted pursuant to the agreement under which a Stock Option is granted). 
  

 6. 

 (b) Unfunded Status of Plan. It is intended that this Plan be an “unfunded” plan for
incentive compensation. The Administrator may authorize the creation of trusts or other arrangements to meet the obligations created under this Plan to deliver Stock or make payments, provided that, unless the Administrator otherwise determines, the
existence of such trusts or other arrangements is consistent with the “unfunded” status of this Plan. 
 (c) General
Provisions. 
 (i) The Administrator may require each person receiving shares pursuant to a Stock Option to represent to and agree with
the Company in writing that such person is acquiring the shares without a view to the distribution thereof. The certificates for such shares may include any legend which the Administrator deems appropriate to reflect any restrictions on transfer.

 All certificates for shares of Stock or other securities delivered under the Plan shall be subject to such stock transfer orders and other
restrictions as the Administrator may deem advisable under the rules, regulations and other requirements of the Commission, any stock exchange or market on which the Stock is then listed and any applicable Federal or state securities law, and the
Administrator may cause a legend or legends to be put on any such certificates to make appropriate reference to such restrictions. 
 (ii)
Nothing contained in the Plan shall prevent the Company or any Affiliate from adopting other or additional compensation arrangements for its employees. 
 (iii) The adoption of the Plan shall not confer upon any employee, director, consultant or advisor any right to continued employment, directorship or service, nor shall it interfere in any way with the right of the
Company or any Subsidiary or Affiliate to terminate the employment or service of any employee, consultant or advisor at any time. 
 (iv) No
later than the date as of which an amount first becomes includible in the gross income of the Participant for Federal income tax purposes with respect to any Stock Option under the Plan, the Participant shall pay to the Company, or make arrangements
satisfactory to the Company regarding the payment of, any Federal, state, local or foreign taxes of any kind required by law to be withheld with respect to such amount. Unless otherwise determined by the Administrator, withholding obligations may be
settled with Stock, including Stock that is part of the Stock Option that gives rise to the withholding requirement. The obligations of the Company under the Plan shall be conditional on such payment or arrangements, and the Company, its
Subsidiaries and its Affiliates shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Participant. The Administrator may establish such procedures as it deems appropriate for the
settlement of withholding obligations with Stock. 
 (v) The Administrator shall establish such procedures as it deems appropriate for a
Participant to designate a beneficiary to whom any amounts payable in the event of the Participant’s death are to be paid. 
 (vi) Any
amounts owed to the Company or an Affiliate by the Participant of whatever nature may be offset by the Company from the value of any shares of Stock, cash or other thing of value under this Plan or an agreement to be transferred to the Participant,
and no shares of Stock, cash or other thing of value under this Plan or an agreement shall be transferred unless and until all disputes between the Company or any Affiliate and the Participant have been fully and finally resolved and the Participant
has waived all claims to such against the Company or an Affiliate. 
 (vii) The grant of a Stock Option shall in no way affect the right of
the Company to adjust, reclassify, reorganize or otherwise change its capital or business structure or to merge, consolidate, dissolve, liquidate or sell or transfer all or any part of its business or assets. 
  

 7. 

 (viii) If any payment or right accruing to a Participant under this Plan (without the application of this
Section (6)(c)(viii)), either alone or together with other payments or rights accruing to the Participant from the Company or an Affiliate (“Total Payments”) would constitute a “parachute payment” (as defined in Section 280G
of the Code and regulations thereunder), such payment or right shall be reduced to the largest amount or greatest right that will result in no portion of the amount payable or right accruing under the Plan being subject to an excise tax under
Section 4999 of the Code or being disallowed as a deduction under Section 280G of the Code; provided, however, that the foregoing shall not apply to the extent provided otherwise in an option agreement or in the event the Participant is
party to an agreement with the Company or an Affiliate that explicitly provides for an alternate treatment of payments or rights that would constitute “parachute payments.” The determination of whether any reduction in the rights or
payments under the Plan is to apply shall be made by the Administrator in good faith after consultation with the Participant, and such determination shall be conclusive and binding on the Participant. The Participant shall cooperate in good faith
with the Administrator in making such determination and providing the necessary information for this purpose. The foregoing provisions of this Section 6(c)(viii) shall apply with respect to any person only if, after reduction for any applicable
Federal excise tax imposed by Section 4999 of the Code and Federal income tax imposed by the Code, the Total Payments accruing to such person would be less than the amount of the Total Payments as reduced, if applicable, under the foregoing
provisions of this Plan and after reduction for only Federal income taxes. 
 (ix) To the extent that the Administrator determines that the
restrictions imposed by the Plan preclude the achievement of the material purposes of the Stock Options in jurisdictions outside the United States, the Administrator in its discretion may modify those restrictions as it determines to be necessary or
appropriate to conform to applicable requirements or practices of jurisdictions outside of the United States. 
 (x) The headings contained in
the Plan are for reference purposes only and shall not affect the meaning or interpretation of the Plan. 
 (xi) If any provision of the Plan
is for any reason held to be invalid or unenforceable, such invalidity or unenforceability shall not affect any other provision hereby, and the Plan shall be construed as if such invalid or unenforceable provision were omitted. 
 (xii) The Plan shall inure to the benefit of and be binding upon each successor and assign of the Company. All obligations imposed upon a Participant, and
all rights granted to the Company hereunder, shall be binding upon the Participant’s heirs, legal representatives and successors. 
 (xiii) The Plan and each agreement granting a Stock Option constitute the entire agreement with respect to the subject matter hereof and thereof, provided that, in the event of any inconsistency between the Plan and such agreement, the
terms and conditions of the Plan shall control. 
 (xiv) In the event there is an effective registration statement under the Securities Act
pursuant to which shares of Stock shall be offered for sale in an underwritten offering, a Participant shall not, during the period requested by the underwriters managing the registered public offering, effect any public sale or distribution of
shares of Stock received, directly or indirectly, pursuant to the exercise or settlement of a Stock Option. 
 (xv) Except as described in
Section 4(j), none of the Company, an Affiliate or the Administrator shall have any duty or obligation to disclose affirmatively to a record or beneficial holder of Stock or a Stock Option, and such holder shall have no right to be advised of,
any material information regarding the Company or any Affiliate at any time prior to, upon or in connection with receipt or the exercise of a Stock Option or the Company’s purchase of Stock from such holder in accordance with the terms hereof.

  

 8. 

 (xvi) The Plan, and all Stock Options, agreements and actions hereunder, shall be governed by, and
construed in accordance with, the laws of the State of Delaware (other than its law respecting choice of law). 
 (xvii) No Stock Option
granted pursuant to this Plan is intended to constitute “deferred compensation” as defined in Code Section 409A, and the Plan and the terms of all Stock Options shall be interpreted accordingly. If any provision of the Plan or a Stock
Option contravenes any regulations or Treasury guidance promulgated under Code Section 409A or could cause a Stock Option to be subject to the penalties and interest under Code Section 409A, such provision of the Plan or Stock Option shall
be modified to maintain, to the maximum extent practicable, the original intent of the applicable provision without violating the provisions of Code Section 409A. 
  

	7.	DEFINITIONS. 

 For purposes of this Plan, the
following terms are defined as set forth below: 
 (a) “Affiliate” means a corporation or other entity controlled by the
Company, designated by the Administrator as such, and which would, together with the Company, be classified as the “service recipient” (as defined in the regulations under Code Section 409A) with respect to a Participant. 

(b) “Board” means the Board of Directors of the Company. 
 (c) “Cause” means (i) the conviction of the Participant for committing a felony under Federal law or the law of the state in which such action occurred, (ii) dishonesty in the course of
fulfilling the Participant’s duties as an employee or director of, or consultant or advisor to, the Company or (iii) willful and deliberate failure on the part of the Participant to perform such duties in any material respect.
Notwithstanding the foregoing, if the Participant and the Company or the Affiliate have entered into an employment or services agreement which defines the term “Cause” (or a similar term), such definition shall govern for purposes of
determining whether such Participant has been terminated for Cause for purposes of this Plan. The determination of Cause shall be made by the Administrator, in its sole discretion. 
 (d) “Code” means the Internal Revenue Code of 1986, as amended from time to time, and any successor thereto. 
 (e) “Commission” means the Securities and Exchange Commission or any successor agency. 
 (f) “Committee” means one or more committees of Directors appointed by the Board to administer this Plan. With respect to Stock Options
granted at the time the Company is publicly held, if any, insofar as the Committee is responsible for granting Stock Options to Participants hereunder, it shall consist solely of two or more directors, each of whom is a “Non-Employee
Director” within the meaning of Rule 16b-3 promulgated under the Exchange Act and each of whom is also an “outside director” under Section 162(m) of the Code. 
 (g) “Director” means a member of the Board. 
 (h) “Disability” means mental or physical illness that entitles the Participant to receive benefits under the long-term disability plan of the Company or, if the Participant is not covered by such a
plan or the Participant is not an employee of the Company, a mental or physical illness that renders a Participant totally and permanently incapable of performing the Participant’s duties for the Company; provided, however, that a Disability
shall not qualify under this Plan if it is the result of (i) a willfully self-inflicted injury or willfully self-induced sickness; or (ii) an injury or disease contracted, suffered or incurred while the Participant was participating in a
criminal offense. Notwithstanding the foregoing, if the Participant and the Company have entered into an employment or services agreement that defines the term “Disability” (or a similar term), such definition shall govern for purposes of
determining whether such Participant suffers a Disability for purposes of this Plan. The determination of Disability shall be made by the Administrator, in its sole discretion. The determination of Disability for purposes of this Plan shall not be
construed to be an admission of disability for any other purpose. 
  

 9. 

 (i) “Effective Date” means January 1, 2007. 
 (j) “Eligible Individual” means any officer, employee or director of the Company or a Subsidiary or Affiliate, or any consultant or
advisor providing services to the Company or a Subsidiary or Affiliate. 
 (k) “Exchange Act” means the Securities Exchange
Act of 1934, as amended from time to time, and any successor thereto. 
 (l) “Fair Market Value” means, as of any given date,
the fair market value of the Stock as determined by the Administrator or under procedures established by the Administrator, in accordance with Code Section 409A and the regulations and other authority issued thereunder. 
 (m) “Family Member” means any child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece,
nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law or sister-in-law of a Participant (including adoptive relationships); any person sharing the Participant’s household (other than a tenant or employee); any trust
in which the Participant and any of these persons have all of the beneficial interest; any foundation in which the Participant and any of these persons control the management of the assets; any corporation, partnership, limited liability company or
other entity in which the Participant and any of these other persons are the direct and beneficial owners of all of the equity interests (provided the Participant and these other persons agree in writing to remain the direct and beneficial owners of
all such equity interests); and any personal representative of the Participant upon the Participant’s death for purposes of administration of the Participant’s estate or upon the Participant’s incompetency for purposes of the
protection and management of the assets of the Participant. 
 (n) “Incentive Stock Option” means any Stock Option intended
to be and designated as an “incentive stock option” within the meaning of Section 422 of the Code. 
 (o) “Independent
Third Party” means any individual, partnership, limited liability company, corporation, joint venture, trust, business trust, foreign business organization, or any other form of domestic or foreign entity who does not directly or indirectly
own in excess of 10% of the voting securities of the Company, who is not controlling, controlled by or under common control with any such 10% owner of the voting securities of the Company and who is not the spouse or descendent (by birth or
adoption) of any such 10% owner of the voting securities of the Company. 
 (p) “Non-Employee Director” means a Director who
is not an officer or employee of the Company. 
 (q) “Non-Qualified Stock Option” means any Stock Option that is not an
Incentive Stock Option. 
 (r) “Optionee” means a person who holds a Stock Option. 
 (s) “Participant” means a person granted a Stock Option. 
 (t) “Representative” means (i) the person or entity acting as the executor or administrator of a Participant’s estate pursuant to the last will and testament of a Participant or pursuant to
the laws of the jurisdiction in which the Participant had his or her primary residence at the date of the Participant’s death; (ii) the person or entity acting as the guardian or temporary guardian of a Participant; (iii) the person
or entity which is the beneficiary of the Participant upon or following the Participant’s death; or (iv) any person to whom a Stock Option has been transferred with the permission of the Administrator or by operation of law; provided that
only one of the foregoing shall be the Representative at any point in time as determined under applicable law and recognized by the Administrator. 
 (u) “Stock” means common stock, par value $0.0001 per share, of the Company. 
  

 10. 

 (v) “Stock Option” means an option granted under Section 4. 
 (w) “Subsidiary” means any company during any period in which it is a “subsidiary corporation” (as such term is defined in
Section 424(f) of the Code) with respect to the Company. 
 (x) “Ten Percent Holder” means an individual who owns, or is
deemed to own, stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or of any parent or subsidiary corporation of the Company, determined pursuant to the rules applicable to Section 422(b)(6)
of the Code. 
 Executed this 1st day of January, 2007. 
  

			
	 METROPARK USA, INC.
 (f/k/a Santa
Barbara Street Asylum, Inc.)

		
	By:	 	/s/ Jay Johnson
		
	Its:	 	CFO & Secretary

  

 11. 

 METROPARK USA, INC. 
 AMENDED AND RESTATED 
 STOCK OPTION PLAN 
 INCENTIVE STOCK OPTION AGREEMENT 
 THIS INCENTIVE STOCK OPTION AGREEMENT (this “Agreement”) dated as of ____________________ (“Grant Date”), is between Metropark USA, Inc., a Delaware corporation (the “Company”) (f/k/a Santa
Barbara Street Asylum, Inc.), and ___________________________ (the “Participant”), relating to a Stock Option granted under the Company’s Amended and Restated Stock Option Plan (the “Plan”). Capitalized terms
used in this Agreement without definition shall have the meaning ascribed to such terms in the Plan. 
  

	1.	Grant of Stock Option, Option Price and Term. 

 (a) The Company grants to the Participant an Incentive Stock Option (the “Stock Option”) to purchase __________ shares of Stock of the Company (“Option Shares”) at a price of $ _________ per share
(“Option Price”), subject to the provisions of the Plan and the terms and conditions herein. 
 (b) The term of this Stock
Option shall be a period of [5/10] years from the Grant Date (the “Option Period”). During the Option Period, the Stock Option shall be vested and exercisable with respect to one-fourth (1/4) of the Option Shares upon the first
anniversary of the Grant Date, _______________________, [INSERT ANNIVERSARY DATE] (but only if the Participant remains continuously employed with the Company or an Affiliate through such vesting date) and one-twelfth (1/12) of the Option
Shares upon the end of each calendar quarter thereafter beginning with __________________ [INSERT END OF QUARTER DATE] (but only if the Participant remains continuously employed with the Company or an Affiliate through such vesting date)
until such time as the Stock Option is fully vested. 
 Notwithstanding the foregoing, in the event the Participant incurs a termination of
employment for any reason whatsoever as an employee of the Company or an Affiliate, the provisions of Section 4 of the Plan relating to termination of employment shall apply. 
 (c) The Stock Option granted hereunder is designated as an Incentive Stock Option and is intended to constitute an “incentive stock option” as
that term is used in Section 422 of the Code. To the extent that the aggregate Fair Market Value (determined on the Grant Date) of the Option Shares with respect to which any Incentive Stock Options are exercisable by the Participant during any
calendar year under all plans of the Company and its Affiliates exceeds $100,000, the Stock Options or portions thereof which exceed such limit (according to the order in which they were granted) shall be treated as Non-Qualified Stock Options. It
should be understood that there is no assurance that the Stock Option will, in fact, be treated as an Incentive Stock Option. 
 (d) The
Company shall not be required to issue any fractional shares of Stock. 
  

	2.	Exercise. 

 The Stock Option shall be
exercisable during the Participant’s lifetime only by the Participant (or his Representative), and after the Participant’s death only by a Representative. The Stock Option may only be exercised by the delivery to the Company of a properly
completed written notice, in form satisfactory to the Administrator, which notice shall specify the number of Option Shares to be purchased and the aggregate Option Price for such shares, together with payment in full of such aggregate Option Price.
Payment shall be made in cash (as specified in the Plan). 
 The Stock Option may not be exercised unless there has been compliance with all
the preceding provisions of this Section 2, and, for all purposes of this Agreement, the date of the exercise of any part of the Stock Option shall be the date upon which there is compliance with all such requirements. The Administrator may
deny any method of exercise permitted hereunder if such method would result in liability under Federal securities law to the Participant or the Company or result in an expense charge to the Company. 
  

 1. 

 At the time this Stock Option is exercised, the Participant shall, if required by the Company,
concurrently with the exercise of all or any portion of this Stock Option (a) deliver to the Company an Investment Representation Statement (in such form as prepared by the Company) and (b) agree to execute and become a party to any
agreement among stockholders that may be in effect as of such date. 
  

	3.	Termination of Employment. 

 (a)
Cause. Notwithstanding the provisions of Section 2 above, in the event the Participant incurs a termination of employment with the Company and its Affiliates during the Option Period for Cause, any unexercised portion (vested or
unvested) of the Stock Option held by the Participant shall immediately terminate. 
 (b) Death or Disability. Notwithstanding the
provisions of Section 2 above, if a Participant incurs a termination of employment with the Company and its Affiliates during the Option Period due to death or Disability, then any unvested portion of the Stock Option held by the Participant
shall immediately terminate, and any unexpired and unexercised vested portion of the Stock Option may be exercised until the earlier of (i) the first anniversary of the date of the Participant’s termination of employment or (ii) the
expiration of the Option Period. 
 (c) Other Termination of Employment. Notwithstanding the provisions of Section 2 above, if a
Participant incurs a termination of employment with the Company and its Affiliates during the Option Period for a reason other than Cause, death or Disability, then any unvested portion of the Stock Option held by the Participant shall immediately
terminate, and any unexpired and unexercised vested portion of the Stock Option may be exercised until the earlier of (i) 30 days following the date of the Participant’s termination of employment or (ii) the expiration of the Option
Period. 
  

	4.	Repurchase of Option Shares. 

 If the
Participant incurs a termination of employment with the Company and its Affiliates, any Option Shares purchased upon exercise of this Stock Option may be purchased by the Company within 90 days after the later of (a) such termination of
employment or (b) receipt of such Option Shares by the Participant following exercise of all or part of the Stock Option. The amount to be paid for the repurchase of Option Shares shall be equal to the Fair Market Value as of the date of such
termination of employment multiplied by the number of such Option Shares. Notwithstanding the foregoing, this right of repurchase shall lapse if the Company’s securities become publicly traded. 
  

	5.	Non-Transferability of Stock Option. 

 This
Stock Option may not be transferred in any manner other than by will or by the laws of descent and distribution. The terms of the Plan and this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the
Participant. 
  

	6.	Payment of Withholding Taxes. 

 If the
Company is obligated to withhold an amount on account of any tax imposed as a result of the exercise of the Stock Option, the Participant shall be required to pay such amount to the Company, as provided in the Plan. The Participant acknowledges and
agrees that he or she is responsible for the tax consequences associated with the grant of the Stock Option and its exercise. 
  

	7.	Changes in Company’s Capital Structure. 

 The existence of an Stock Option will not affect in any way the right or authority of the Company or its stockholders to authorize or effect (a) any or all adjustments, recapitalizations, reorganizations or other changes in the
Company’s capital structure or its business; (b) any Change of Control; (c) any merger or consolidation of the Company; (d) any issue of bonds, debentures, preferred or prior preference stock ahead of or affecting the Stock or
the rights thereof; (e) the dissolution or liquidation of the Company; (f) any sale or transfer of all or any part of its assets or business; or (g) any other corporate act or proceeding, whether of a similar character or otherwise.

  

 2. 

 In the event of a Change in Control or other corporate restructuring provided for in the Plan, the
Participant shall have such rights, and the Administrator shall take such actions, as are provided for in the Plan. 
  

	8.	Plan. 

 The Stock Option is granted pursuant
to the Plan, and the Stock Option and this Agreement are in all respects governed by the Plan and subject to all of the terms and provisions thereof, whether such terms and provisions are incorporated in this Agreement by reference or are expressly
cited. 
  

	9.	Employment Rights. 

 No provision of this
Agreement or of the Stock Option granted hereunder shall give the Participant any right to continue in the employ of the Company or any Affiliate, create any inference as to the length of employment of the Participant, affect the right of the
Company or any Affiliate to terminate the employment of the Participant, with or without Cause, or give the Participant any right to participate in any employee welfare or benefit plan or other program (other than the Plan) of the Company or any
Affiliate. 
  

	10.	Governing Law. 

 This Agreement and the Stock
Option granted hereunder shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware (other than its laws respecting choice of law) except to the extent federal laws would be mandatorily applicable.

  

	11.	Waiver; Cumulative Rights. 

 The failure or
delay of either party to require performance by the other party of any provision hereof shall not affect its right to require performance of such provision unless and until such performance has been waived in writing. Each and every right hereunder
is cumulative and may be exercised in part or in whole from time to time. 
  

	12.	Notices. 

 Any notice which either party
hereto may be required or permitted to give the other shall be in writing and may be delivered personally or by nationally recognized overnight courier, addressed to the Secretary of the Company, at its then corporate headquarters, and the
Participant at his address as shown on the Company’s payroll records, or to such other address as the Participant, by notice to the Company, may designate in writing from time to time. 
  

	13.	Conditional Grant. 

 This Stock Option is
granted upon the conditions set forth herein and the Option Shares shall be forfeited unless each and any person who is a spouse of the Participant at any time on or after the Grant Date (including any person who becomes a spouse after the Grant
Date) executes a Consent of Spouse form provided by the Administrator, unless the Administrator waives such condition. 
 * * * 
  

 3. 

 IN WITNESS WHEREOF, the Company has caused this Agreement to be duly executed by an officer
thereunto duly authorized, and the Participant has hereunto set his or her hand, all as of the day and year first above written. 
  

			
	 METROPARK USA, INC.
 (f/k/a Santa
Barbara Street Asylum, Inc.)

		
	By:	 	 
		
	Title:	 	 

  

	
	Participant:
	
	  
	Name
	
	  
	Address
	
	  
	City, State, Zip Code
	
	  
	Phone Number

  

 4. 

 EXHIBIT A 
 INVESTMENT REPRESENTATION STATEMENT 
  

					
	PURCHASER:	 	 	  	
			
	COMPANY:	 	Metropark USA, Inc.	  	
			
	SECURITIES:	 	Common Stock	  	
			
	AMOUNT:	 	 	  	
			
	DATE:	 	 	  	

 In connection with the purchase of the above-listed Securities, I, the Purchaser, represent to the
Company the following: 
 (a) I am aware of the Company’s business affairs and financial condition, and have acquired sufficient
information about the Company to reach an informed and knowledgeable decision to acquire the Securities. I am purchasing these Securities for my own account for investment purposes only and not with a view to, or for the resale in connection with,
any “distribution” thereof for purposes of the Securities Act of 1933, as amended (the “Securities Act”). 
 (b) I understand that the Company’s issuance of the Securities has not been registered under the Securities Act in reliance upon a specific exemption therefrom, which exemption depends upon, among other things, the bona fide nature of
my investment intent as expressed herein. In this connection, I understand that, in the view of the Securities and Exchange Commission (the “SEC”), the statutory basis for such exemption may be unavailable if my
representation was predicated solely upon a present intention to hold these Securities for the minimum capital gains period specified under tax statutes, for a deferred sale, for or until an increase or decrease in the market price of the
Securities, or for a period of one year or any other fixed period in the future. 
 (c) I further understand that the Securities must be held
indefinitely unless the transfer is subsequently registered under the Securities Act or unless an exemption from registration is otherwise available. Moreover, I understand that the Company is under no obligation to register any transfer of the
Securities. In addition, I understand that the certificate evidencing the Securities will be imprinted with a legend which prohibits the transfer of the Securities unless registered or such registration is not required in the opinion of counsel for
the Company. 
 (d) I am familiar with the provisions of Rule 701 and Rule 144, each promulgated under the Securities Act, which, in
substance, permit limited public resale of “restricted securities” acquired, directly or indirectly, from the issuer thereof, in a non-public offering subject to the satisfaction of certain conditions. Rule 701 provides that if the issuer
qualifies under Rule 701 at the time of issuance of the Securities, such issuance will be exempt from registration under the Securities Act. In the event the Company later becomes subject to the reporting requirements of Section 13 or 15(d) of
the Securities Exchange Act of 1934, ninety (90) days thereafter the securities exempt under Rule 701 may be resold, subject to the satisfaction of certain of the conditions specified by Rule 144, including among other things: (1) the sale
being made through a broker in an unsolicited “broker’s transaction” or in transactions directly with a market maker (as said term is defined under the Securities Exchange Act of 1934); and, in the case of an affiliate, (2) the
availability of certain public information about the Company, and the amount of securities being sold during any three month period not exceeding the limitations specified in Rule 144(e), if applicable. Notwithstanding this paragraph (d), I
acknowledge and agree to the restrictions set forth in paragraph (e) hereof. 
  

 1. 

 In the event that the Company does not qualify under Rule 701 at the time of issuance of
the Securities, then the Securities may be resold in certain limited circumstances subject to the provisions of Rule 144, which requires among other things: (1) the availability of certain public information about the Company, (2) the
resale occurring not less than one year after the party has purchased, and made full payment for, within the meaning of Rule 144, the securities to be sold; and, in the case of an affiliate, or of a non-affiliate who has held the securities less
than two years, (3) the sale being made through a broker in an unsolicited “broker’s transaction” or in transactions directly with a market maker (as said term is defined under the Securities Exchange Act of 1934) and the amount
of securities being sold during any three month period not exceeding the specified limitations stated therein, if applicable. 
 (e) I further understand that in the event all of the applicable requirements of Rule 144 or Rule 701 are not satisfied, registration under the Securities Act, compliance with Regulation A, or some other registration exemption will be
required; and that, notwithstanding the fact that Rule 144 and Rule 701 are not exclusive, the Staff of the SEC has expressed its opinion that persons proposing to sell private placement securities other than in a registered offering and otherwise
than pursuant to Rule 144 or Rule 701 will have a substantial burden of proof in establishing that an exemption from registration is available for such offers or sales, and that such persons and their respective brokers who participate in such
transactions do so at their own risk. 
  

	
	SIGNATURE OF PURCHASER:
	
	  
	
	Date: ___________________________________

  

 2. 

 EXHIBIT B 
 CONSENT OF SPOUSE 
 (for Residents of Community Property States Only) 
 My name is _________________________ and I am the spouse of ___________________________________. 
 I have read and understand the attached Incentive Stock Option Agreement (the “Agreement”). 
 I understanding
that, because I am a resident of the State of California, the community property laws of this state may provide me with certain rights or interests in the property which is the subject of the Agreement. After having considered the terms of the
Agreement and my rights and interests under the community property law of this state: 
  

	 	1.	I hereby consent and agree to each and every term and condition set forth in the Agreement. 

  

	 	2.	I hereby understand and agree that my spouse may join in any future modification or amendment of the Agreement without any further signature, acknowledgment, agreement or consent on
my part. 

  

	 	3.	I understand that any interest that my spouse has in any property described in the Agreement, shall be subject to the terms of the Agreement. 

  

	 	4.	I understand that, by agreeing to the terms of the Agreement and by executing this Consent, I may be waiving certain of my rights and interests under the community property laws of
this state. 

  

			
	Dated: 	 	 
		
	By:	 	 
		 	 Participant’s Spouse

 METROPARK USA, INC. 
 AMENDED AND RESTATED 
 STOCK OPTION PLAN 
 NON-QUALIFIED STOCK OPTION AGREEMENT 
 THIS NON-QUALIFIED OPTION AGREEMENT (this “Agreement”) dated as of _________________ (“Grant Date”), is between Metropark USA, Inc., a Delaware corporation (the “Company”) (f/k/a Santa
Barbara Street Asylum, Inc.), and __________________________ (the “Participant”), relating to a Stock Option granted under the Company’s Amended and Restated Stock Option Plan (the “Plan”). Capitalized terms
used in this Agreement without definition shall have the meaning ascribed to such terms in the Plan. 
  

	1.	Grant of Stock Option, Option Price and Term. 

 (a) The Company grants to the Participant a Non-Qualified Stock Option (the “Stock Option”) to purchase _________________ shares of Stock of the Company (“Option Shares”) at a price of $ ____________ per
share (“Option Price”) subject to the provisions of the Plan and the terms and conditions herein. 
 (b) The term of this
Stock Option shall be a period of [5/10] years from the Grant Date (the “Option Period”). During the Option Period, the Stock Option shall be vested and exercisable with respect to one-fourth (1/4) of the Option Shares upon the
first anniversary of the Grant Date, _________________________, [INSERT ANNIVERSARY DATE] (but only if the Participant remains continuously employed with the Company or an Affiliate through such vesting date) and one-twelfth (1/12) of
the Option Shares upon the end of each calendar quarter thereafter beginning with _____________________ [INSERT END OF QUARTER DATE] (but only if the Participant remains continuously employed with the Company or an Affiliate through such
vesting date) until such time as the Stock Option is fully vested. 
 Notwithstanding the foregoing, in the event the Participant incurs a
termination of employment for any reason whatsoever as an employee of the Company or an Affiliate, the provisions of Section 4 of the Plan relating to termination of employment shall apply. 
 (c) The Stock Option granted hereunder is designated as a Non-Qualified Stock Option and is not intended to constitute an “incentive stock
option” as that term is used in Section 422 of the Code. 
 (d) The Company shall not be required to issue any fractional shares of
Stock. 
  

	2.	Exercise. 

 The Stock Option shall be
exercisable during the Participant’s lifetime only by the Participant (or his Representative), and after the Participant’s death only by a Representative. The Stock Option may only be exercised by the delivery to the Company of a properly
completed written notice, in form satisfactory to the Administrator, which notice shall specify the number of Option Shares to be purchased and the aggregate Option Price for such shares, together with payment in full of such aggregate Option Price.
Payment shall be made in cash (as specified in the Plan). 
 The Stock Option may not be exercised unless there has been compliance with all
the preceding provisions of this Section 2, and, for all purposes of this Agreement, the date of the exercise of any part of the Stock Option shall be the date upon which there is compliance with all such requirements. The Administrator may
deny any method of exercise permitted hereunder if such method would result in liability under Federal securities law to the Participant or the Company or result in an expense charge to the Company. 
 At the time this Stock Option is exercised, the Participant shall, if required by the Company, concurrently with the exercise of all or any portion of
this Stock Option (a) deliver to the Company an Investment Representation Statement (in such form as prepared by the Company) and (b) agree to execute and become a party to any agreement among stockholders that may be in effect as of such
date. 
  

 1. 

	3.	Termination of Employment. 

 (a)
Cause. Notwithstanding the provisions of Section 2 above, in the event the Participant incurs a termination of employment with the Company and its Affiliates during the Option Period for Cause, any unexercised portion (vested or
unvested) of the Stock Option held by the Participant shall immediately terminate. 
 (b) Death or Disability. Notwithstanding the
provisions of Section 2 above, if a Participant incurs a termination of employment with the Company and its Affiliates during the Option Period due to death or Disability, then any unvested portion of the Stock Option held by the Participant
shall immediately terminate, and any unexpired and unexercised vested portion of the Stock Option may be exercised until the earlier of (i) the first anniversary of the date of the Participant’s termination of employment or (ii) the
expiration of the Option Period. 
 (c) Other Termination of Employment. Notwithstanding the provisions of Section 2 above, if a
Participant incurs a termination of employment with the Company and its Affiliates during the Option Period for a reason other than Cause, death or Disability, then any unvested portion of the Stock Option held by the Participant shall immediately
terminate, and any unexpired and unexercised vested portion of the Stock Option may be exercised until the earlier of (i) 30 days following the date of the Participant’s termination of employment or (ii) the expiration of the Option
Period. 
  

	4.	Repurchase of Option Shares. 

 If the
Participant incurs a termination of employment with the Company and its Affiliates, any Option Shares purchased upon exercise of this Stock Option may be purchased by the Company within 90 days after the later of (a) such termination of
employment or (b) receipt of such Option Shares by the Participant following exercise of all or part of the Stock Option. The amount to be paid for the repurchase of Option Shares shall be equal to the Fair Market Value as of the date of such
termination of employment multiplied by the number of such Option Shares. Notwithstanding the foregoing, this right of repurchase shall lapse if the Company’s securities become publicly traded. 
  

	5.	Payment of Withholding Taxes. 

 If the
Company is obligated to withhold an amount on account of any tax imposed as a result of the exercise of the Stock Option, the Participant shall be required to pay such amount to the Company, as provided in the Plan. The Participant acknowledges and
agrees that he or she is responsible for the tax consequences associated with the grant of the Stock Option and its exercise. 
  

	6.	Changes in Company’s Capital Structure. 

 The existence of an Stock Option will not affect in any way the right or authority of the Company or its stockholders to authorize or effect (a) any or all adjustments, recapitalizations, reorganizations or other changes in the
Company’s capital structure or its business; (b) any Change of Control; (c) any merger or consolidation of the Company; (d) any issue of bonds, debentures, preferred or prior preference stock ahead of or affecting the Stock or
the rights thereof; (e) the dissolution or liquidation of the Company; (f) any sale or transfer of all or any part of its assets or business; or (g) any other corporate act or proceeding, whether of a similar character or otherwise.

 In the event of a Change in Control or other corporate restructuring provided for in the Plan, the Participant shall have such rights, and
the Administrator shall take such actions, as are provided for in the Plan. 
  

	7.	Plan. 

 The Stock Option is granted pursuant
to the Plan, and the Stock Option and this Agreement are in all respects governed by the Plan and subject to all of the terms and provisions thereof, whether such terms and provisions are incorporated in this Agreement by reference or are expressly
cited. 
  

 2. 

	8.	Employment Rights. 

 No provision of this
Agreement or of the Stock Option granted hereunder shall give the Participant any right to continue in the employ of the Company or any Affiliate, create any inference as to the length of employment of the Participant, affect the right of the
Company or any Affiliate to terminate the employment of the Participant, with or without Cause, or give the Participant any right to participate in any employee welfare or benefit plan or other program (other than the Plan) of the Company or any
Affiliate. 
  

	9.	Governing Law. 

 This Agreement and the Stock
Option granted hereunder shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware (other than its laws respecting choice of law) except to the extent federal laws would be mandatorily applicable.

  

	10.	Waiver; Cumulative Rights. 

 The failure or
delay of either party to require performance by the other party of any provision hereof shall not affect its right to require performance of such provision unless and until such performance has been waived in writing. Each and every right hereunder
is cumulative and may be exercised in part or in whole from time to time. 
  

	11.	Notices. 

 Any notice which either party
hereto may be required or permitted to give the other shall be in writing and may be delivered personally or by nationally recognized overnight courier, addressed to the Secretary of the Company, at its then corporate headquarters, and the
Participant at his address as shown on the Company’s payroll records, or to such other address as the Participant, by notice to the Company, may designate in writing from time to time. 
  

	12.	Conditional Grant. 

 This Stock Option is
granted upon the conditions set forth herein and the Option Shares shall be forfeited unless each and any person who is a spouse of the Participant at any time on or after the Grant Date (including any person who becomes a spouse after the Grant
Date) executes a Consent of Spouse form provided by the Administrator, unless the Administrator waives such condition. 
 * * * 
  

 3. 

 IN WITNESS WHEREOF, the Company has caused this Agreement to be duly executed by an officer
thereunto duly authorized, and the Participant has hereunto set his or her hand, all as of the day and year first above written. 
  

			
	 METROPARK USA, INC.
 (f/k/a Santa
Barbara Street Asylum, Inc.)

		
	By:	 	 
		
	Title:	 	 

  

	
	Participant:
	
	  
	Name
	
	  
	Address
	
	  
	City, State, Zip Code
	
	  
	Phone Number

  

 4. 

 EXHIBIT A 
 INVESTMENT REPRESENTATION STATEMENT 
  

					
	PURCHASER:	 	 	  	
			
	COMPANY:	 	Metropark USA, Inc.	  	
			
	SECURITIES:	 	Common Stock	  	
			
	AMOUNT:	 	 	  	
			
	DATE:	 	 	  	

 In connection with the purchase of the above-listed Securities, I, the Purchaser, represent to the
Company the following: 
 (a) I am aware of the Company’s business affairs and financial condition, and have acquired sufficient
information about the Company to reach an informed and knowledgeable decision to acquire the Securities. I am purchasing these Securities for my own account for investment purposes only and not with a view to, or for the resale in connection with,
any “distribution” thereof for purposes of the Securities Act of 1933, as amended (the “Securities Act”). 
 (b) I understand that the Company’s issuance of the Securities has not been registered under the Securities Act in reliance upon a specific exemption therefrom, which exemption depends upon, among other things, the bona fide nature of
my investment intent as expressed herein. In this connection, I understand that, in the view of the Securities and Exchange Commission (the “SEC”), the statutory basis for such exemption may be unavailable if my
representation was predicated solely upon a present intention to hold these Securities for the minimum capital gains period specified under tax statutes, for a deferred sale, for or until an increase or decrease in the market price of the
Securities, or for a period of one year or any other fixed period in the future. 
 (c) I further understand that the Securities must be held
indefinitely unless the transfer is subsequently registered under the Securities Act or unless an exemption from registration is otherwise available. Moreover, I understand that the Company is under no obligation to register any transfer of the
Securities. In addition, I understand that the certificate evidencing the Securities will be imprinted with a legend which prohibits the transfer of the Securities unless registered or such registration is not required in the opinion of counsel for
the Company. 
 (d) I am familiar with the provisions of Rule 701 and Rule 144, each promulgated under the Securities Act, which, in
substance, permit limited public resale of “restricted securities” acquired, directly or indirectly, from the issuer thereof, in a non-public offering subject to the satisfaction of certain conditions. Rule 701 provides that if the issuer
qualifies under Rule 701 at the time of issuance of the Securities, such issuance will be exempt from registration under the Securities Act. In the event the Company later becomes subject to the reporting requirements of Section 13 or 15(d) of
the Securities Exchange Act of 1934, ninety (90) days thereafter the securities exempt under Rule 701 may be resold, subject to the satisfaction of certain of the conditions specified by Rule 144, including among other things: (1) the sale
being made through a broker in an unsolicited “broker’s transaction” or in transactions directly with a market maker (as said term is defined under the Securities Exchange Act of 1934); and, in the case of an affiliate, (2) the
availability of certain public information about the Company, and the amount of securities being sold during any three month period not exceeding the limitations specified in Rule 144(e), if applicable. Notwithstanding this paragraph (d), I
acknowledge and agree to the restrictions set forth in paragraph (e) hereof. 
  

 1. 

 In the event that the Company does not qualify under Rule 701 at the time of issuance of
the Securities, then the Securities may be resold in certain limited circumstances subject to the provisions of Rule 144, which requires among other things: (1) the availability of certain public information about the Company, (2) the
resale occurring not less than one year after the party has purchased, and made full payment for, within the meaning of Rule 144, the securities to be sold; and, in the case of an affiliate, or of a non-affiliate who has held the securities less
than two years, (3) the sale being made through a broker in an unsolicited “broker’s transaction” or in transactions directly with a market maker (as said term is defined under the Securities Exchange Act of 1934) and the amount
of securities being sold during any three month period not exceeding the specified limitations stated therein, if applicable. 
 (e) I further understand that in the event all of the applicable requirements of Rule 144 or Rule 701 are not satisfied, registration under the Securities Act, compliance with Regulation A, or some other registration exemption will
be required; and that, notwithstanding the fact that Rule 144 and Rule 701 are not exclusive, the Staff of the SEC has expressed its opinion that persons proposing to sell private placement securities other than in a registered offering and
otherwise than pursuant to Rule 144 or Rule 701 will have a substantial burden of proof in establishing that an exemption from registration is available for such offers or sales, and that such persons and their respective brokers who participate in
such transactions do so at their own risk. 
  

	
	SIGNATURE OF PURCHASER:
	
	  
	
	Date: ____________________________________

  

 2. 

 EXHIBIT B 
 CONSENT OF SPOUSE 
 (for Residents of Community Property States Only) 
 My name is _____________________________ and I am the spouse of __________________________________. 
 I have read and understand the attached Non-Qualified Stock Option Agreement (the “Agreement”). 
 I understanding
that, because I am a resident of the State of California, the community property laws of this state may provide me with certain rights or interests in the property which is the subject of the Agreement. After having considered the terms of the
Agreement and my rights and interests under the community property law of this state: 
  

	 	1.	I hereby consent and agree to each and every term and condition set forth in the Agreement. 

  

	 	2.	I hereby understand and agree that my spouse may join in any future modification or amendment of the Agreement without any further signature, acknowledgment, agreement or consent on
my part. 

  

	 	3.	I understand that any interest that my spouse has in any property described in the Agreement, shall be subject to the terms of the Agreement. 

  

	 	4.	I understand that, by agreeing to the terms of the Agreement and by executing this Consent, I may be waiving certain of my rights and interests under the community property laws of
this state. 

  

			
		
	Dated: 	 	 
		
	By:	 	 
		 	Participant’s Spouse

 AMENDMENT NO. 1 
 TO THE 
 METROPARK USA, INC. 
 AMENDED AND RESTATED
STOCK OPTION PLAN 
 RECITALS 
 WHEREAS, on November 7, 2006, the Board of Directors (the “Board”) of Metropark USA,
Inc., a Delaware corporation (the “Company”), adopted its Amended and Restated Stock Option Plan (the “Plan”), which was approved by the Company’s requisite stockholders on December 18, 2006;

 WHEREAS, the Plan currently provides for 6,463,143 shares of the Company’s Common Stock (the
“Common Stock”) to be reserved for issuance under the Plan; 
 WHEREAS, on
April 22, 2008, the Board approved the amendment of the Plan to increase the number of shares of Common Stock reserved for issuance under the Plan to 11,463,143 (the “Amendment”); and 
 WHEREAS, on May 1, 2008, the Amendment was approved by the Company’s requisite stockholders. 

AMENDMENT 
 NOW THEREFORE, effective immediately, the Plan is amended as follows: 
 I.    The first paragraph of Section 3 (“STOCK SUBJECT TO PLAN.”) of the Plan is hereby amended to read in its entirety as follows: 
 “Subject to adjustment as provided in Section 3, the aggregate number of shares of Stock which may be delivered under the Plan shall not
exceed 11,463,143 shares; provided that at no time shall the total number of shares of Stock issuable upon exercise of all outstanding Stock Options and the total number of shares of Stock provided for under any stock bonus or similar plan of the
Company exceed thirty percent (30%) (or any other applicable percentage), as calculated in accordance with the conditions and exclusions of Section 260.140.45 of Title 10 of the California Code of Regulations and based on the number of
shares of Stock of the Company which are outstanding at the time the calculation is made.” 
 II.    In all other respects the Plan
remains the same. 
 [signature page follows] 

 IN WITNESS WHEREOF, the Company has
caused this Amendment No. 1 to the Plan to be executed effective May 1, 2008. 
  

			
	METROPARK USA, INC.
		
	By:	 	 /s/ Efthimios P. Sotos

	Name:	 	Efthimios P. Sotos
	Title:	 	Chief Operating and Financial Officer

 AMENDMENT NO. 2 
 TO THE 
 METROPARK USA, INC. 
 AMENDED AND RESTATED
STOCK OPTION PLAN 
 RECITALS 
 WHEREAS, on November 7, 2006, the Board of Directors (the “Board”) of Metropark USA, Inc., a Delaware
corporation (the “Company”), adopted its Amended and Restated Stock Option Plan (as amended, the “Plan”), which was effective January 1, 2007 and approved by the Company’s requisite
stockholders on December 18, 2006; 
 WHEREAS, the Plan provisions currently reflect that the Plan
is intended to comply with Section 25102(o) of the California Corporations Code (the “CCC”); and 
 WHEREAS, the Board has determined that it is in the best interests of the Company to amend the Plan provisions to expressly provide that issuances of stock options under the Plan may be made in reliance
upon the exemption available under Section 25102(f) of the CCC, as well the exemption available under Section 25102(o) of the CCC. 
 AMENDMENT 
 NOW THEREFORE, effective immediately, the
Plan is amended as follows: 
 I.    The second paragraph of Section 1. (“ESTABLISHMENT AND PURPOSE.”) of the Plan
is hereby amended and restated to read in its entirety as follows: 
 “To the extent that grants of Stock Options hereunder are intended
by the Administrator to qualify for the exemption available under Section 25102(o) of the California Corporation Code: (i) the Plan is intended to comply with Section 25012(o) of the California Corporation Code, and (ii) any
provision on this Plan which is inconsistent with Section 25102(o), including without limitation any provision of this Plan that is more restrictive than would be permitted by Section 25102(o) as amended from time to time, shall, without
further act or amendment by the Administrator, be reformed to comply with the requirements of Section 25102(o). Notwithstanding the preceding sentence, the Administrator may also grant Stock Options hereunder pursuant to the exemption available
under Section 25102(f) of the California Corporation Code (“Section 25102(f) Grants”). Grants of Stock Options exempt pursuant to Section 25102(o) of the California Corporation Code shall be deemed to be part of a single,
discreet offering and are not subject to integration with any other offering or sale, whether qualified under Sections 25110-25118 of the California Corporation Code, or otherwise exempt, or not subject to qualification, including without limitation
any Section 25102(f) Grants made under the Plan.” 
 II.    In all other respects the Plan remains the same. 
 IN WITNESS WHEREOF, the Company
has caused this Amendment No. 2 to the Plan to be executed this 11th day of June, 2008. 
  

			
	METROPARK USA, INC.
		
	By:	 	 /s/ Efthimios P. Sotos

	Name:	 	Efthimios P. Sotos
	Title:	 	Chief Operating and Financial Officer2008 Equity Incentive Plan and Form of Option Agreement

 Exhibit 10.3 
 METROPARK USA, INC. 
 2008 EQUITY
INCENTIVE PLAN 
 APPROVED BY THE BOARD:
JUNE 11, 2008 
 APPROVED BY THE STOCKHOLDERS:
[                    ], 2008 
 TERMINATION DATE:                     , 2018 
 1.     GENERAL. 
 (a)     Successor to Prior Plan. The Plan is intended as the successor to the Company’s Prior Plan. Following the Effective Date, no additional stock awards shall be granted under the
Prior Plan. Any shares remaining available for issuance pursuant to the exercise of options or settlement of stock awards under the Prior Plan shall become available for issuance pursuant to Stock Awards granted hereunder, as provided in
Section 3(a) hereof. Any shares subject to outstanding stock awards granted under the Prior Plan that expire or terminate for any reason prior to exercise or settlement shall become available for issuance pursuant to Stock Awards granted
hereunder. All outstanding stock awards granted under the Prior Plan shall remain subject to the terms of the Prior Plan with respect to which they were originally granted. 
 (b)     Eligible Award Recipients. The persons eligible to receive Awards are Employees, Directors and Consultants. 
 (c)     Available Awards. The Plan provides for the grant of the following Awards: (i) Incentive Stock
Options, (ii) Nonstatutory Stock Options, (iii) Restricted Stock Awards, (iv) Restricted Stock Unit Awards, (v) Stock Appreciation Rights, (vi) Performance Stock Awards, (vii) Performance Cash Awards, and
(viii) Other Stock Awards. 
 (d)     Purpose. The Company, by means of the Plan, seeks to
secure and retain the services of the group of persons eligible to receive Awards as set forth in Section 1(b), to provide incentives for such persons to exert maximum efforts for the success of the Company and any Affiliate, and to provide a
means by which such eligible recipients may be given an opportunity to benefit from increases in value of the Common Stock through the granting of Stock Awards. 
 2.     ADMINISTRATION. 
 (a)     Administration by Board. The Board shall administer the Plan unless and until the Board delegates administration of the Plan to a Committee or Committees, as provided in Section 2(c). 
 (b)     Powers of Board. The Board shall have the power, subject to, and within the limitations of, the
express provisions of the Plan: 
 (i)     To determine from time to time (A) which of the
persons eligible under the Plan shall be granted Awards; (B) when and how each Award shall be granted; (C) what type or combination of types of Awards shall be granted; (D) the provisions of each Award granted (which need not be
identical), including the time or times when a person shall be permitted to receive cash or Common Stock pursuant to a Stock Award; and (E) the number of shares of Common Stock with respect to which a Stock Award shall be granted to each such
person. 
  

 1. 

 (ii)     To construe and interpret the Plan and Awards granted
under it, and to establish, amend and revoke rules and regulations for its administration. The Board, in the exercise of this power, may correct any defect, omission or inconsistency in the Plan or in any Stock Award Agreement or in the written
terms of a Performance Cash Award, in a manner and to the extent it shall deem necessary or expedient to make the Plan or Award fully effective. 
 (iii)     To settle all controversies regarding the Plan and Awards granted under it. 
 (iv)     To accelerate the time at which a Stock Award may first be exercised or the time during which an Award or any part thereof will vest in accordance with the Plan, notwithstanding the
provisions in the Award stating the time at which it may first be exercised or the time during which it will vest. 
 (v)     To suspend or terminate the Plan at any time. Suspension or termination of the Plan shall not impair rights and obligations under any Stock Award granted while the Plan is in effect except with the written
consent of the affected Participant. 
 (vi)     To amend the Plan in any respect the Board deems
necessary or advisable, including, without limitation, relating to Incentive Stock Options and certain nonqualified deferred compensation under Section 409A of the Code and/or to bring the Plan or Stock Awards granted under the Plan into
compliance therewith, subject to the limitations, if any, of applicable law. However, except as provided in Section 9(a) relating to Capitalization Adjustments, stockholder approval shall be required for any amendment of the Plan that either
(A) materially increases the number of shares of Common Stock available for issuance under the Plan, (B) materially expands the class of individuals eligible to receive Awards under the Plan, (C) materially increases the benefits
accruing to Participants under the Plan or materially reduces the price at which shares of Common Stock may be issued or purchased under the Plan, (D) materially extends the term of the Plan, or (E) expands the types of Awards available
for issuance under the Plan, but in each of (A) through (E) only to the extent required by applicable law or listing requirements. Except as provided above, rights under any Award granted before amendment of the Plan shall not be impaired
by any amendment of the Plan unless (1) the Company requests the consent of the affected Participant, and (2) such Participant consents in writing.  
 (vii)     To submit any amendment to the Plan for stockholder approval, including, but not limited to, amendments to the Plan intended to satisfy the requirements of
(A) Section 162(m) of the Code and the regulations thereunder regarding the exclusion of performance-based compensation from the limit on corporate deductibility of compensation paid to Covered Employees, (B) Section 422 of the
Code regarding Incentive Stock Options, or (C) Rule 16b-3. 
 (viii)     To approve forms of
Award Agreements for use under the Plan and to amend the terms of any one or more Awards, including, but not limited to, amendments to provide terms more favorable than previously provided in the Award Agreement, subject to any specified limits in
the Plan that are not subject to Board discretion; provided however, that a Participant’s 

  

 2. 

 
rights under any Award shall not be impaired by any such amendment unless (A) the Company requests the consent of the affected Participant, and
(B) such Participant consents in writing. Notwithstanding the foregoing, subject to the limitations of applicable law, if any, the Board may amend the terms of any one or more Awards without the affected Participant’s consent if necessary
to maintain the qualified status of the Award as an Incentive Stock Option or to bring the Award into compliance with Section 409A of the Code and the related guidance thereunder. 
 (ix)     Generally, to exercise such powers and to perform such acts as the Board deems necessary or expedient
to promote the best interests of the Company and that are not in conflict with the provisions of the Plan or Awards. 
 (x)     To adopt such procedures and sub-plans as are necessary or appropriate to permit participation in the Plan by Employees, Directors or Consultants who are foreign nationals or employed outside the United
States. 
 (c)     Delegation to Committee. 
 (i)     General. The Board may delegate some or all of the administration of the Plan to a Committee or
Committees. If administration is delegated to a Committee, the Committee shall have, in connection with the administration of the Plan, the powers theretofore possessed by the Board that have been delegated to the Committee, including the power to
delegate to a subcommittee of the Committee any of the administrative powers the Committee is authorized to exercise (and references in the Plan to the Board shall thereafter be to the Committee or subcommittee), subject, however, to such
resolutions, not inconsistent with the provisions of the Plan, as may be adopted from time to time by the Board. The Board may retain the authority to concurrently administer the Plan with the Committee and may, at any time, revest in the Board some
or all of the powers previously delegated. 
 (ii)     Section 162(m) and Rule 16b-3
Compliance. In the sole discretion of the Board, the Committee may consist solely of two or more Outside Directors, in accordance with Section 162(m) of the Code, or solely of two or more Non-Employee Directors, in accordance with Rule
16b-3. In addition, the Board or the Committee, in its sole discretion, may (A) delegate to a Committee who need not be Outside Directors the authority to grant Awards to eligible persons who are either (I) not then Covered Employees and
are not expected to be Covered Employees at the time of recognition of income resulting from such Stock Award, or (II) not persons with respect to whom the Company wishes to comply with Section 162(m) of the Code, or (B) delegate to a
Committee who need not be Non-Employee Directors the authority to grant Stock Awards to eligible persons who are not then subject to Section 16 of the Exchange Act. 
 (d)     Delegation to Officers. The Board may delegate to one or more Officers the authority to do one or both of the following (i) designate Employees of the
Company or any of its Subsidiaries to be recipients of Options (and, to the extent permitted by Delaware law, other Stock Awards) and the terms thereof, and (ii) determine the number of shares of Common Stock to be subject to such Stock Awards
granted to such Employees; provided, however, that the Board resolutions regarding such delegation shall specify the total number of shares of Common Stock that may be subject to the Stock Awards granted by such Officer and that such 

  

 3. 

 
Officer may not grant a Stock Award to himself or herself. Notwithstanding anything to the contrary in this Section 2(d), the Board may not delegate to
an Officer authority to determine the Fair Market Value of the Common Stock pursuant to Section 13(v)(ii) below. 
 (e)     Effect of Board’s Decision. All determinations, interpretations and constructions made by the Board in good faith shall not be subject to review by any person and shall be final, binding and
conclusive on all persons. 
 (f)     Cancellation and Re-Grant of Stock Awards. Neither the Board
nor any Committee shall have the authority to: (i) reduce the exercise price of any outstanding Options or Stock Appreciation Rights under the Plan, or (ii) cancel any outstanding Options or Stock Appreciation Rights that have an exercise
price or strike price greater than the current Fair Market Value of the Common Stock in exchange for cash or other Stock Awards under the Plan, unless the stockholders of the Company have approved such an action within twelve (12) months prior
to such an event. Notwithstanding the foregoing, the Board or Committee shall have the authority, without the approval of the Company’s stockholders, to cancel outstanding Options or Stock Appreciation Rights that have an exercise price or
strike price greater than the current Fair Market Value of the Common Stock in exchange for a nominal cash payment of consideration as necessary to effect a cancellation of the Award. 
 3.     SHARES SUBJECT TO THE PLAN. 
 (a)     Share Reserve. Subject to the provisions of
Section 9(a) relating to Capitalization Adjustments, the aggregate number of shares of Common Stock that may be issued pursuant to Stock Awards under the Plan shall not exceed
[                                ]
([                    ]) shares, subject to reduction as set forth below. Such share reserve consists of (i) the
[                                ]
([                ]) unallocated shares remaining available for issuance under the Prior Plan as of the Effective Date, (ii) an additional
[                                (       
                 )] shares to be approved by the stockholders as part of the approval of this Plan, and (iii) the number of shares that may be added to the
Plan pursuant to Section 3(b) below (the “Share Reserve”). In addition, the number of shares of Common Stock available for issuance under the Plan shall automatically increase on January 1st of each year commencing
in 2009 and ending on (and including) January 1, 2018, in an amount equal to the lesser of (i)      percent (     %) of the total number of shares of Common Stock outstanding on
December 31st of the preceding year, or
(ii)                         
(                                ) shares. Notwithstanding the foregoing, the
Board may act prior to the first day of any calendar year, to provide that there shall be no increase in the share reserve for such calendar year or that the increase in the share reserve for such calendar year shall be a lesser number of shares of
Common Stock than would otherwise occur pursuant to the preceding sentence. Shares may be issued in connection with a merger or acquisition as permitted by Nasdaq Rule 4350(i)(1)(A)(iii) or, if applicable, NYSE Listed Company Manual
Section 303A.08, or AMEX Company Guide Section 711 and such issuance shall not reduce the number of shares available for issuance under the Plan. For clarity, shares of Common Stock issued pursuant to stock awards granted under the Prior
Plan shall not reduce the share reserve of this Plan. 
  

 4. 

 (b)     Additions to the Share Reserve. The Share Reserve also
shall be increased from time to time by a number of shares equal to the number of shares of Common Stock that (i) are issuable pursuant to options outstanding under the Prior Plan as of the Effective Date and (ii) but for the termination
of the Prior Plan as of the Effective Date, would otherwise have reverted to the share reserve of the Prior Plan pursuant to the provisions thereof. 
 (c)     Reversion of Shares to the Share Reserve. If any (i) Stock Award shall for any reason expire or otherwise terminate, in whole or in part, without having been exercised in full,
(ii) shares of Common Stock issued to a Participant pursuant to a Stock Award are forfeited back to or repurchased by the Company because of the failure to meet a contingency or condition required for the vesting of such shares, (iii) a
Stock Award is settled in cash, then the shares of Common Stock not issued under such Stock Award, or forfeited to or repurchased by the Company, shall revert to and again become available for issuance under the Plan. If any shares subject to a
Stock Award are not delivered to a Participant because such shares are withheld for the payment of taxes or the Stock Award is exercised through a reduction of shares subject to the Stock Award (i.e., “net exercised”) or an
appreciation distribution in respect of a Stock Appreciation right is paid in shares of Common Stock, the number of shares subject to the Stock Award that are not delivered to the Participant shall remain available for subsequent issuance under the
Plan. If the exercise price of any Stock Award is satisfied by tendering shares of Common Stock held by the Participant (either by actual delivery or attestation), then the number of shares so tendered shall remain available for issuance under the
Plan. 
 (d)     Incentive Stock Option Limit. Notwithstanding anything to the contrary in this
Section 3(d), subject to the provisions of Section 9(a) relating to Capitalization Adjustments, the aggregate maximum number of shares of Common Stock that may be issued pursuant to the exercise of Incentive Stock Options shall be
                                
(                    ) shares of Common Stock plus the amount of any increase in the number of shares that may be available for issuance
pursuant to Stock Awards pursuant to Section 3(a). 
 (e)     Source of Shares. The stock
issuable under the Plan shall be shares of authorized but unissued or reacquired Common Stock, including shares repurchased by the Company on the open market. 
 4.     ELIGIBILITY. 
 (a)     Eligibility for Specific Stock Awards. Incentive Stock Options may be granted only to employees of the Company or a “parent corporation” or “subsidiary corporation” thereof (as such
terms are defined in Sections 424(e) and 424(f) of the Code). Stock Awards other than Incentive Stock Options may be granted to Employees, Directors and Consultants. 
 (b)     Ten Percent Stockholders. A Ten Percent Stockholder shall not be granted an Incentive Stock Option unless the exercise price of such Option is at least one
hundred ten percent (110%) of the Fair Market Value of the Common Stock on the date of grant and the Option is not exercisable after the expiration of five (5) years from the date of grant. 
 (c)     Section 162(m) Limitation. Subject to the provisions of Section 9(a) relating to
Capitalization Adjustments, at such time as the Company may be subject to the applicable provisions of Section 162(m) of the Code, no Employee shall be eligible to be 

  

 5. 

 
granted during any calendar year Stock Awards whose value is determined by reference to an increase over an exercise or strike price of at least one hundred
percent (100%) of the Fair Market Value of the Common Stock on the date the Stock Award is granted covering more than
                        
(                        ) shares of Common Stock. 
 (d)     Consultants. A Consultant shall be eligible for the grant of a Stock Award only if, at the time of
grant, a Form S-8 Registration Statement under the Securities Act (“Form S-8”) is available to register either the offer or the sale of the Company’s securities to such Consultant. 
 5.     OPTION PROVISIONS. 
 Each Option shall be in such form and shall contain such terms and conditions as the Board shall deem appropriate. All Options shall be
separately designated Incentive Stock Options or Nonstatutory Stock Options at the time of grant, and, if certificates are issued, a separate certificate or certificates shall be issued for shares of Common Stock purchased on exercise of each type
of Option. If an Option is not specifically designated as an Incentive Stock Option, then the Option shall be a Nonstatutory Stock Option. The provisions of separate Options need not be identical; provided, however, that each Option Agreement
shall conform to (through incorporation of provisions hereof by reference in the Option Agreement or otherwise) the substance of each of the following provisions: 
 (a)     Term. Subject to the provisions of Section 4(b) regarding Ten Percent Stockholders, no Option shall be exercisable after the expiration of ten
(10) years from the date of its grant or such shorter period specified in the Option Agreement. 
 (b)     Exercise Price. Subject to the provisions of Section 4(b) regarding Ten Percent Stockholders, the exercise price of each Option shall be not less than one hundred percent (100%) of the Fair
Market Value of the Common Stock subject to the Option on the date the Option is granted. Notwithstanding the foregoing, an Option may be granted with an exercise price lower than one hundred percent (100%) of the Fair Market Value of the
Common Stock subject to the Option if such Option is granted pursuant to an assumption or substitution for another option in a manner consistent with the provisions of Section 424(a) of the Code (whether or not such options are Incentive Stock
Options). 
 (c)     Consideration. The purchase price of Common Stock acquired pursuant to the
exercise of an Option shall be paid, to the extent permitted by applicable law and as determined by the Board in its sole discretion, by any combination of the methods of payment set forth below. The Board shall have the authority to grant Options
that do not permit all of the following methods of payment (or otherwise restrict the ability to use certain methods) and to grant Options that require the consent of the Company to utilize a particular method of payment. The methods of payment
permitted by this Section 5(c) are: 
 (i)     by cash, check, bank draft or money order
payable to the Company; 
 (ii)     pursuant to a program developed under Regulation T as
promulgated by the Federal Reserve Board that, prior to the issuance of the stock subject to the Option, results in either the receipt of cash (or check) by the Company or the receipt of irrevocable instructions to pay the aggregate exercise price
to the Company from the sales proceeds; 
  

 6. 

 (iii)     by delivery to the Company (either by actual
delivery or attestation) of shares of Common Stock; 
 (iv)     by a “net exercise”
arrangement pursuant to which the Company will reduce the number of shares of Common Stock issuable upon exercise by the largest whole number of shares with a Fair Market Value that does not exceed the aggregate exercise price; provided,
however, that the Company shall accept a cash or other payment from the Participant to the extent of any remaining balance of the aggregate exercise price not satisfied by such reduction in the number of whole shares to be issued; provided,
further, that shares of Common Stock will no longer be subject to an Option and will not be exercisable thereafter to the extent that (A) shares issuable upon exercise are reduced to pay the exercise price pursuant to the “net
exercise,” (B) shares are delivered to the Participant as a result of such exercise, and (C) shares are withheld to satisfy tax withholding obligations; or 
 (v)     in any other form of legal consideration that may be acceptable to the Board in its sole discretion and permissible under applicable law. 
 (d)     Transferability of Options. The Board may, in its sole discretion, impose such limitations on the
transferability of Options as the Board shall determine. In the absence of such a determination by the Board to the contrary, the following restrictions on the transferability of Options shall apply: 
 (i)     Restrictions on Transfer. An Option shall not be transferable except by will or by the laws of descent
and distribution and shall be exercisable during the lifetime of the Optionholder only by the Optionholder; provided, however, that the Board may, in its sole discretion, permit transfer of the Option in a manner that is not prohibited by
applicable tax and securities laws upon the Optionholder’s request. 
 (ii)     Domestic
Relations Orders. Notwithstanding the foregoing, an Option may be transferred pursuant to a domestic relations order, provided, however, that if an Option is an Incentive Stock Option, such Option may be deemed to be a Nonstatutory Stock
Option as a result of such transfer. 
 (iii)     Beneficiary Designation. Notwithstanding the
foregoing, the Optionholder may, by delivering written notice to the Company, in a form provided by or otherwise satisfactory to the Company, designate a third party who, in the event of the death of the Optionholder, shall thereafter be the
beneficiary of an Option with the right to exercise the Option and receive the Common Stock or other consideration resulting from an Option exercise. In the absence of such a designation, the executor or administrator of the Optionholder’s
estate shall be entitled to exercise the Option. 
 (e)     Vesting of Options Generally. The
total number of shares of Common Stock subject to an Option may vest and therefore become exercisable in periodic installments that may or may not be equal. The Option may be subject to such other terms and conditions on the time or times when it
may or may not be exercised (which may be based on the satisfaction of Performance Goals or 

  

 7. 

 
other criteria) as the Board may deem appropriate. The vesting provisions of individual Options may vary. The provisions of this Section 5(e) are
subject to any Option provisions governing the minimum number of shares of Common Stock as to which an Option may be exercised. 
 (f)     Termination of Continuous Service. Except as otherwise provided in the applicable Option Agreement or other agreement between the Optionholder and the Company, in the event that an Optionholder’s
Continuous Service terminates (other than for Cause or upon the Optionholder’s death or Disability), the Optionholder may exercise his or her Option (to the extent that the Optionholder was entitled to exercise such Option as of the date of
termination of Continuous Service) but only within such period of time ending on the earlier of (i) the date three (3) months following the termination of the Optionholder’s Continuous Service (or such longer or shorter period
specified in the Option Agreement), or (ii) the expiration of the term of the Option as set forth in the Option Agreement. If, after termination of Continuous Service, the Optionholder does not exercise his or her Option within the time
specified herein or in the Option Agreement (as applicable), the Option shall terminate. 
 (g)    
Extension of Termination Date. Unless otherwise provided in an Optionholder’s Option Agreement, if the exercise of the Option following the termination of the Optionholder’s Continuous Service (other than for Cause or upon the
Optionholder’s death or Disability) would be prohibited at any time solely because the issuance of shares of Common Stock would violate the registration requirements under the Securities Act, then the Option shall terminate on the earlier of
(i) the expiration of a period of three (3) months after the termination of the Optionholder’s Continuous Service during which the exercise of the Option would not be in violation of such registration requirements, or (ii) the
expiration of the term of the Option as set forth in the Option Agreement. In addition, unless otherwise provided in an Optionholder’s Option Agreement, if the sale of the Common Stock received upon exercise of an Option following the
termination of the Optionholder’s Continuous Service would violate the Company’s insider trading policy, then the Option shall terminate on the earlier of (i) the expiration of a period equal to the post-termination exercise period
described in Section 6(f) above or Sections 6(h) or 6(i) below after the termination of the Optionholder’s Continuous Service during which the exercise of the Option would not be in violation of the Company’s insider trading policy;
or (ii) the expiration of the term of the Option as set forth in the Option Agreement. 
 (h)    
Disability of Optionholder. In the event that an Optionholder’s Continuous Service terminates as a result of the Optionholder’s Disability, the Optionholder may exercise his or her Option (to the extent that the Optionholder was
entitled to exercise such Option as of the date of termination of Continuous Service), but only within such period of time ending on the earlier of (i) the date twelve (12) months following such termination of Continuous Service (or such
longer or shorter period specified in the Option Agreement), or (ii) the expiration of the term of the Option as set forth in the Option Agreement. If, after termination of Continuous Service, the Optionholder does not exercise his or her
Option within the time specified herein or in the Option Agreement (as applicable), the Option shall terminate. 
 (i)     Death of Optionholder. In the event that (i) an Optionholder’s Continuous Service terminates as a result of the Optionholder’s death, or (ii) the Optionholder dies within the period (if
any) specified in the Option Agreement after the termination 

  

 8. 

 
of the Optionholder’s Continuous Service for a reason other than death, then the Option may be exercised (to the extent the Optionholder was entitled to
exercise such Option as of the date of death) by the Optionholder’s estate, by a person who acquired the right to exercise the Option by bequest or inheritance or by a person designated to exercise the option upon the Optionholder’s death,
but only within the period ending on the earlier of (A) the date eighteen (18) months following the date of death (or such longer or shorter period specified in the Option Agreement), or (B) the expiration of the term of such Option
as set forth in the Option Agreement. If, after the Optionholder’s death, the Option is not exercised within the time specified herein or in the Option Agreement (as applicable), the Option shall terminate. If the Optionholder designates a
third party beneficiary of the Option in accordance with Section 5(d)(iii), then upon the death of the Optionholder such designated beneficiary shall have the sole right to exercise the Option and receive the Common Stock or other consideration
resulting from an Option exercise. 
 (j)     Termination for Cause. Except as explicitly provided
otherwise in an Optionholder’s Option Agreement, in the event that an Optionholder’s Continuous Service is terminated for Cause, the Option shall terminate upon the termination date of such Optionholder’s Continuous Service, and the
Optionholder shall be prohibited from exercising his or her Option from and after the time of such termination of Continuous Service. 
 (k)     Non-Exempt Employees. No Option granted to an Employee who is a non-exempt employee for purposes of the Fair Labor Standards Act shall be first exercisable for any shares of Common
Stock until at least six months following the date of grant of the Option. The foregoing provision is intended to operate so that any income derived by a non-exempt employee in connection with the exercise or vesting of an Option will be exempt from
his or her regular rate of pay. 
 6.     PROVISIONS OF STOCK
AWARDS OTHER THAN OPTIONS. 
 (a)    
Restricted Stock Awards. Each Restricted Stock Award Agreement shall be in such form and shall contain such terms and conditions as the Board shall deem appropriate. To the extent consistent with the Company’s Bylaws, at the Board’s
election, shares of Common Stock may be (x) held in book entry form subject to the Company’s instructions until any restrictions relating to the Restricted Stock Award lapse; or (y) evidenced by a certificate, which certificate shall
be held in such form and manner as determined by the Board. The terms and conditions of Restricted Stock Award Agreements may change from time to time, and the terms and conditions of separate Restricted Stock Award Agreements need not be identical,
provided, however, that each Restricted Stock Award Agreement shall conform to (through incorporation of the provisions hereof by reference in the agreement or otherwise) the substance of each of the following provisions: 
 (i)     Consideration. A Restricted Stock Award may be awarded in consideration for (A) cash, check, bank
draft or money order payable to the Company; (B) past or future services actually or to be rendered to the Company or an Affiliate; or (C) any other form of legal consideration that may be acceptable to the Board in its sole discretion and
permissible under applicable law. 
  

 9. 

 (ii)     Vesting. Shares of Common Stock awarded under a
Restricted Stock Award Agreement may be subject to forfeiture to the Company in accordance with a vesting schedule to be determined by the Board. 
 (iii)     Termination of Participant’s Continuous Service. In the event a Participant’s Continuous Service terminates, the Company may receive via a forfeiture condition or a
repurchase right, any or all of the shares of Common Stock held by the Participant which have not vested as of the date of termination of Continuous Service under the terms of the Restricted Stock Award Agreement. 
 (iv)     Transferability. Rights to acquire shares of Common Stock under the Restricted Stock Award Agreement
shall be transferable by the Participant only upon such terms and conditions as are set forth in the Restricted Stock Award Agreement, as the Board shall determine in its sole discretion, so long as Common Stock awarded under the Restricted Stock
Award Agreement remains subject to the terms of the Restricted Stock Award Agreement. 
 (b)    
Restricted Stock Unit Awards. Each Restricted Stock Unit Award Agreement shall be in such form and shall contain such terms and conditions as the Board shall deem appropriate. The terms and conditions of Restricted Stock Unit Award Agreements
may change from time to time, and the terms and conditions of separate Restricted Stock Unit Award Agreements need not be identical, provided, however, that each Restricted Stock Unit Award Agreement shall conform to (through
incorporation of the provisions hereof by reference in the agreement or otherwise) the substance of each of the following provisions: 
 (i)     Consideration. At the time of grant of a Restricted Stock Unit Award, the Board will determine the consideration, if any, to be paid by the Participant upon delivery of each share of
Common Stock subject to the Restricted Stock Unit Award. The consideration to be paid (if any) by the Participant for each share of Common Stock subject to a Restricted Stock Unit Award may be paid in any form of legal consideration that may be
acceptable to the Board in its sole discretion and permissible under applicable law. 
 (ii)    
Vesting. At the time of the grant of a Restricted Stock Unit Award, the Board may impose such restrictions or conditions to the vesting of the Restricted Stock Unit Award as it, in its sole discretion, deems appropriate. 
 (iii)     Payment. A Restricted Stock Unit Award may be settled by the delivery of shares of Common Stock,
their cash equivalent, any combination thereof or in any other form of consideration, as determined by the Board and contained in the Restricted Stock Unit Award Agreement. 
 (iv)     Additional Restrictions. At the time of the grant of a Restricted Stock Unit Award, the Board, as it deems appropriate, may impose such restrictions or
conditions that delay the delivery of the shares of Common Stock (or their cash equivalent) subject to a Restricted Stock Unit Award to a time after the vesting of such Restricted Stock Unit Award. 
 (v)     Dividend Equivalents. Dividend equivalents may be credited in respect of shares of Common Stock
covered by a Restricted Stock Unit Award, as determined by the Board and contained in the Restricted Stock Unit Award Agreement. At the sole discretion of the Board, such dividend equivalents may be converted into additional shares of Common Stock
covered by the 

  

 10. 

 
Restricted Stock Unit Award in such manner as determined by the Board. Any additional shares covered by the Restricted Stock Unit Award credited by reason of
such dividend equivalents will be subject to all the terms and conditions of the underlying Restricted Stock Unit Award Agreement to which they relate. 
 (vi)     Termination of Participant’s Continuous Service. Except as otherwise provided in the applicable Restricted Stock Unit Award Agreement, such portion of the Restricted Stock Unit
Award that has not vested will be forfeited upon the Participant’s termination of Continuous Service. 
 (vii)     Compliance with Section 409A of the Code. Notwithstanding anything to the contrary set forth herein, any Restricted Stock Unit Award granted under the Plan that is not exempt from the requirements
of Section 409A of the Code shall incorporate terms and conditions necessary to avoid the consequences of Section 409A(a)(1) of the Code. Such restrictions, if any, shall be determined by the Board and contained in the Restricted Stock
Unit Award Agreement evidencing such Restricted Stock Unit Award. 
 (c)     Stock Appreciation
Rights. Each Stock Appreciation Right Agreement shall be in such form and shall contain such terms and conditions as the Board shall deem appropriate. Stock Appreciation Rights may be granted as stand-alone Stock Awards or in tandem with other
Stock Awards. The terms and conditions of Stock Appreciation Right Agreements may change from time to time, and the terms and conditions of separate Stock Appreciation Right Agreements need not be identical; provided, however,
that each Stock Appreciation Right Agreement shall conform to (through incorporation of the provisions hereof by reference in the agreement or otherwise) the substance of each of the following provisions: 
 (i)     Term. No Stock Appreciation Right shall be exercisable after the expiration of ten (10) years from
the date of its grant or such shorter period specified in the Stock Appreciation Right Agreement. 
 (ii)     Strike Price. Each Stock Appreciation Right will be denominated in shares of Common Stock equivalents. The strike price of each Stock Appreciation Right shall not be less than one hundred percent
(100%) of the Fair Market Value of the Common Stock equivalents subject to the Stock Appreciation Right on the date of grant. 
 (iii)     Calculation of Appreciation. The appreciation distribution payable on the exercise of a Stock Appreciation Right will be not greater than an amount equal to the excess of (A) the aggregate Fair
Market Value (on the date of the exercise of the Stock Appreciation Right) of a number of shares of Common Stock equal to the number of shares of Common Stock equivalents in which the Participant is vested under such Stock Appreciation Right, and
with respect to which the Participant is exercising the Stock Appreciation Right on such date, over (B) the strike price. 
 (iv)     Vesting. At the time of the grant of a Stock Appreciation Right, the Board may impose such restrictions or conditions to the vesting of such Stock Appreciation Right as it, in its sole discretion, deems
appropriate. 
  

 11. 

 (v)     Exercise. To exercise any outstanding Stock
Appreciation Right, the Participant must provide written notice of exercise to the Company in compliance with the provisions of the Stock Appreciation Right Agreement evidencing such Stock Appreciation Right. 
 (vi)     Payment. The appreciation distribution in respect of a Stock Appreciation Right may be paid in Common
Stock, in cash, in any combination of the two or in any other form of consideration, as determined by the Board and set forth in the Stock Appreciation Right Agreement evidencing such Stock Appreciation Right. 
 (vii)     Termination of Continuous Service. In the event that a Participant’s Continuous Service
terminates (other than for Cause), the Participant may exercise his or her Stock Appreciation Right (to the extent that the Participant was entitled to exercise such Stock Appreciation Right as of the date of termination of Continuous Service) but
only within such period of time ending on the earlier of (A) the date three (3) months following the termination of the Participant’s Continuous Service (or such longer or shorter period specified in the Stock Appreciation Right
Agreement), or (B) the expiration of the term of the Stock Appreciation Right as set forth in the Stock Appreciation Right Agreement. If, after termination of Continuous Service, the Participant does not exercise his or her Stock Appreciation
Right within the time specified herein or in the Stock Appreciation Right Agreement (as applicable), the Stock Appreciation Right shall terminate. 
 (viii)     Termination for Cause. Except as explicitly provided otherwise in an Participant’s Stock Appreciation Right Agreement, in the event that a Participant’s Continuous
Service is terminated for Cause, the Stock Appreciation Right shall terminate upon the termination date of such Participant’s Continuous Service, and the Participant shall be prohibited from exercising his or her Stock Appreciation Right from
and after the time of such termination of Continuous Service. 
 (ix)     Compliance with
Section 409A of the Code. Notwithstanding anything to the contrary set forth herein, any Stock Appreciation Rights granted under the Plan that are not exempt from the requirements of Section 409A of the Code shall incorporate terms and
conditions necessary to avoid the consequences described in Section 409A(a)(1) of the Code. Such restrictions, if any, shall be determined by the Board and contained in the Stock Appreciation Right Agreement evidencing such Stock Appreciation
Right. 
 (d)     Performance Awards. 
 (i)     Performance Stock Awards. A Performance Stock Award is either a Restricted Stock Award or Restricted
Stock Unit Award that may be granted or may vest based upon the attainment during a Performance Period of certain Performance Goals. A Performance Stock Award may, but need not, require the completion of a specified period of Continuous Service. The
length of any Performance Period, the Performance Goals to be achieved during the Performance Period, and the measure of whether and to what degree such Performance Goals have been attained shall be conclusively determined by the Committee in its
sole discretion. Subject to the provisions of Section 9(a) relating to Capitalization Adjustments, the maximum number of shares that may be granted to any Participant in a calendar year attributable to Performance Stock Awards described in this
Section 6(d)(i) shall not exceed 

  

 12. 

 
                            
(            ) shares of Common Stock. In addition, to the extent permitted by applicable law and the applicable Award Agreement, the Board may determine that cash may be used in
payment of Performance Stock Awards. 
 (ii)     Performance Cash Awards. A Performance Cash Award
is a cash award that may be granted upon the attainment during a Performance Period of certain Performance Goals. A Performance Cash Award may also require the completion of a specified period of Continuous Service. The length of any Performance
Period, the Performance Goals to be achieved during the Performance Period, and the measure of whether and to what degree such Performance Goals have been attained shall be conclusively determined by the Committee in its sole discretion. The maximum
value that may be granted to any Participant in a calendar year attributable to cash awards described in this Section 6(d)(ii) shall not exceed
                     dollars ($            ).The Board may provide for or,
subject to such terms and conditions as the Board may specify, may permit a Participant to elect for, the payment of any Performance Cash Award to be deferred to a specified date or event. The Committee may specify the form of payment of Performance
Cash Awards, which may be cash or other property, or may provide for a Participant to have the option for his or her Performance Cash Award, or such portion thereof as the Board may specify, to be paid in whole or in part in cash or other property.
In addition, to the extent permitted by applicable law and the applicable Award Agreement, the Board may determine that Common Stock authorized under this Plan may be used in payment of Performance Cash Awards, including additional shares in excess
of the Performance Cash Award as an inducement to hold shares of Common Stock. 
 (e)     Other Stock
Awards. Other forms of Stock Awards valued in whole or in part by reference to, or otherwise based on, Common Stock may be granted either alone or in addition to Stock Awards provided for under Section 5 and the preceding provisions of this
Section 6. Subject to the provisions of the Plan, the Board shall have sole and complete authority to determine the persons to whom and the time or times at which such Other Stock Awards will be granted, the number of shares of Common Stock (or
the cash equivalent thereof) to be granted pursuant to such Other Stock Awards and all other terms and conditions of such Other Stock Awards. 
 7.     COVENANTS OF THE COMPANY. 
 (a)     Availability of Shares. During the terms of the Stock Awards, the Company shall keep available at all times the number of shares of Common Stock required to satisfy such Stock Awards. 
 (b)     Securities Law Compliance. The Company shall seek to obtain from each regulatory commission or agency
having jurisdiction over the Plan such authority as may be required to grant Stock Awards and to issue and sell shares of Common Stock upon exercise of the Stock Awards; provided, however, that this undertaking shall not require the Company
to register under the Securities Act the Plan, any Stock Award or any Common Stock issued or issuable pursuant to any such Stock Award. If, after reasonable efforts, the Company is unable to obtain from any such regulatory commission or agency the
authority that counsel for the Company deems necessary for the lawful issuance and sale of Common Stock under the Plan, the Company shall be relieved from any liability for failure to issue and sell Common Stock upon exercise of such Stock Awards
unless and until such authority is obtained. 
  

 13. 

 (c)     No Obligation to Notify. The Company shall have no
duty or obligation to any holder of a Stock Award to advise such holder as to the time or manner of exercising such Stock Award. Furthermore, the Company shall have no duty or obligation to warn or otherwise advise such holder of a pending
termination or expiration of a Stock Award or a possible period in which the Stock Award may not be exercised. The Company has no duty or obligation to minimize the tax consequences of a Stock Award to the holder of such Stock Award. 
 8.     MISCELLANEOUS. 
 (a)     Use of Proceeds. Proceeds from the sale of shares of Common Stock pursuant to Stock Awards shall constitute general funds of the Company. 
 (b)     Corporate Action Constituting Grant of Stock Awards. Corporate action constituting a grant by the
Company of a Stock Award to any Participant shall be deemed completed as of the date of such corporate action, unless otherwise determined by the Board, regardless of when the instrument, certificate, or letter evidencing the Stock Award is
communicated to, or actually received or accepted by, the Participant. 
 (c)     Stockholder
Rights. No Participant shall be deemed to be the holder of, or to have any of the rights of a holder with respect to, any shares of Common Stock subject to such Stock Award unless and until (i) such Participant has satisfied all
requirements for exercise of the Stock Award pursuant to its terms, and (ii) the issuance of the Common Stock pursuant to such exercise has been entered into the books and records of the Company. 
 (d)     No Employment or Other Service Rights. Nothing in the Plan, any Stock Award Agreement or other
instrument executed thereunder or in connection with any Award granted pursuant to the Plan shall confer upon any Participant any right to continue to serve the Company or an Affiliate in the capacity in effect at the time the Stock Award was
granted or shall affect the right of the Company or an Affiliate to terminate (i) the employment of an Employee with or without notice and with or without Cause, (ii) the service of a Consultant pursuant to the terms of such
Consultant’s agreement with the Company or an Affiliate, or (iii) the service of a Director pursuant to the Bylaws of the Company or an Affiliate, and any applicable provisions of the corporate law of the state in which the Company or the
Affiliate is incorporated, as the case may be. 
 (e)     Incentive Stock Option $100,000
Limitation. To the extent that the aggregate Fair Market Value (determined at the time of grant) of Common Stock with respect to which Incentive Stock Options are exercisable for the first time by any Optionholder during any calendar year (under
all plans of the Company and any Affiliates) exceeds one hundred thousand dollars ($100,000), the Options or portions thereof that exceed such limit (according to the order in which they were granted) shall be treated as Nonstatutory Stock Options,
notwithstanding any contrary provision of the applicable Option Agreement(s). 
 (f)     Investment
Assurances. The Company may require a Participant, as a condition of exercising or acquiring Common Stock under any Stock Award, (i) to give written assurances satisfactory to the Company as to the Participant’s knowledge and
experience 

  

 14. 

 
in financial and business matters and/or to employ a purchaser representative reasonably satisfactory to the Company who is knowledgeable and experienced in
financial and business matters and that he or she is capable of evaluating, alone or together with the purchaser representative, the merits and risks of exercising the Stock Award; and (ii) to give written assurances satisfactory to the Company
stating that the Participant is acquiring Common Stock subject to the Stock Award for the Participant’s own account and not with any present intention of selling or otherwise distributing the Common Stock. The foregoing requirements, and any
assurances given pursuant to such requirements, shall be inoperative if (x) the issuance of the shares upon the exercise or acquisition of Common Stock under the Stock Award has been registered under a then currently effective registration
statement under the Securities Act, or (y) as to any particular requirement, a determination is made by counsel for the Company that such requirement need not be met in the circumstances under the then applicable securities laws. The Company
may, upon advice of counsel to the Company, place legends on stock certificates issued under the Plan as such counsel deems necessary or appropriate in order to comply with applicable securities laws, including, but not limited to, legends
restricting the transfer of the Common Stock. 
 (g)     Withholding Obligations. Unless
prohibited by the terms of a Stock Award Agreement, the Company may, in its sole discretion, satisfy any federal, state or local tax withholding obligation relating to an Award by any of the following means (in addition to the Company’s right
to withhold from any compensation paid to the Participant by the Company) or by a combination of such means: (i) causing the Participant to tender a cash payment; (ii) withholding shares of Common Stock from the shares of Common Stock
issued or otherwise issuable to the Participant in connection with the Award; provided, however, that no shares of Common Stock are withheld with a value exceeding the minimum amount of tax required to be withheld by law (or such lower amount
as may be necessary to avoid classification of the Stock Award as a liability for financial accounting purposes); (iii) withholding cash from an Award settled in cash; (iv) withholding payment from any amounts otherwise payable to the
Participant; or (v) by such other method as may be set forth in the Award Agreement. 
 (h)    
Electronic Delivery. Any reference herein to a “written” agreement or document shall include any agreement or document delivered electronically or posted on the Company’s intranet. 
 (i)     Deferrals. To the extent permitted by applicable law, the Board, in its sole discretion, may determine
that the delivery of Common Stock or the payment of cash, upon the exercise, vesting or settlement of all or a portion of any Award may be deferred and may establish programs and procedures for deferral elections to be made by Participants.
Deferrals by Participants will be made in accordance with Section 409A of the Code. Consistent with Section 409A of the Code, the Board may provide for distributions while a Participant is still an employee. The Board is authorized to make
deferrals of Stock Awards and determine when, and in what annual percentages, Participants may receive payments, including lump sum payments, following the Participant’s termination of employment or retirement, and implement such other terms
and conditions consistent with the provisions of the Plan and in accordance with applicable law. 
  

 15. 

 (j)     Compliance with Section 409A. To the extent that
the Board determines that any Award granted under the Plan is subject to Section 409A of the Code, the Award Agreement evidencing such Award shall incorporate the terms and conditions necessary to avoid the consequences described in
Section 409A(a)(1) of the Code. To the extent applicable, the Plan and Award Agreements shall be interpreted in accordance with Section 409A of the Code and Department of Treasury regulations and other interpretive guidance issued
thereunder, including without limitation any such regulations or other guidance that may be issued or amended after the Effective Date. Notwithstanding any provision of the Plan to the contrary, in the event that following the Effective Date the
Board determines that any Award may be subject to Section 409A of the Code and related Department of Treasury guidance (including such Department of Treasury guidance as may be issued after the Effective Date), the Board may adopt such
amendments to the Plan and the applicable Award Agreement or adopt other policies and procedures (including amendments, policies and procedures with retroactive effect), or take any other actions, that the Board determines are necessary or
appropriate to (1) exempt the Award from Section 409A of the Code and/or preserve the intended tax treatment of the benefits provided with respect to the Award, or (2) comply with the requirements of Section 409A of the Code and
related Department of Treasury guidance. 
 9.     ADJUSTMENTS UPON
CHANGES IN COMMON STOCK; OTHER CORPORATE EVENTS. 
 (a)     Capitalization Adjustments. In the event of a Capitalization Adjustment, the Board shall appropriately and proportionately adjust: (i) the class(es) and
maximum number of securities subject to the Plan pursuant to Section 3(a); (ii) the class(es) and maximum number of securities by which the share reserve is to increase automatically each year pursuant to Section 3(a); (iii) the
class(es) and maximum number of securities that may be issued pursuant to the exercise of Incentive Stock Options pursuant to Section 3(d); (iv) the class(es) and maximum number of securities that may be awarded to any person pursuant to
Section 4(c) and 6(d); and (v) the class(es) and number of securities and price per share of stock subject to outstanding Stock Awards. The Board shall make such adjustments, and its determination shall be final, binding and conclusive.

 (b)     Dissolution or Liquidation. Except as otherwise provided in a Stock Award Agreement, in
the event of a dissolution or liquidation of the Company, all outstanding Stock Awards (other than Stock Awards consisting of vested and outstanding shares of Common Stock not subject to a forfeiture condition or the Company’s right of
repurchase) shall terminate immediately prior to the completion of such dissolution or liquidation, and the shares of Common Stock subject to the Company’s repurchase rights may be repurchased by the Company notwithstanding the fact that the
holder of such Stock Award is providing Continuous Service, provided, however, that the Board may, in its sole discretion, cause some or all Stock Awards to become fully vested, exercisable and/or no longer subject to repurchase or forfeiture
(to the extent such Stock Awards have not previously expired or terminated) before the dissolution or liquidation is completed but contingent on its completion. 
 (c)     Corporate Transaction. The following provisions shall apply to Stock Awards in the event of a Corporate Transaction unless otherwise provided in the instrument
evidencing the Stock Award or any other written agreement between the Company or any Affiliate and the holder of the Stock Award. 
  

 16. 

 (i)     Stock Awards May Be Assumed. Except as otherwise
stated in the Stock Award Agreement, in the event of a Corporate Transaction, any surviving corporation or acquiring corporation (or the surviving or acquiring corporation’s parent company) may assume or continue any or all Stock Awards
outstanding under the Plan or may substitute similar stock awards for Stock Awards outstanding under the Plan (including but not limited to, awards to acquire the same consideration paid to the stockholders of the Company pursuant to the Corporate
Transaction), and any reacquisition or repurchase rights held by the Company in respect of Common Stock issued pursuant to Stock Awards may be assigned by the Company to the successor of the Company (or the successor’s parent company, if any),
in connection with such Corporate Transaction. A surviving corporation or acquiring corporation (or its parent) may choose to assume or continue only a portion of a Stock Award or substitute a similar stock award for only a portion of a Stock Award.
The terms of any assumption, continuation or substitution shall be set by the Board in accordance with the provisions of Section 2. 
 (ii)     Stock Awards Held by Current Participants. Except as otherwise stated in the Stock Award Agreement, in the event of a Corporate Transaction in which the surviving corporation or
acquiring corporation (or its parent company) does not assume or continue such outstanding Stock Awards or substitute similar stock awards for such outstanding Stock Awards in accordance with subsection (i) above, then with respect to Stock
Awards that have not been assumed, continued or substituted and that are held by Participants whose Continuous Service has not terminated prior to the effective time of the Corporate Transaction (referred to as the “Current
Participants”), the vesting of such Stock Awards (and, with respect to Options and Stock Appreciation Rights, the time at which such Stock Awards may be exercised) shall (contingent upon the effectiveness of the Corporate Transaction)
be accelerated in full to a date prior to the effective time of such Corporate Transaction as the Board shall determine (or, if the Board shall not determine such a date, to the date that is five (5) days prior to the effective time of the
Corporate Transaction), and such Stock Awards shall terminate if not exercised (if applicable) at or prior to the effective time of the Corporate Transaction, and any reacquisition or repurchase rights held by the Company with respect to such Stock
Awards shall lapse (contingent upon the effectiveness of the Corporate Transaction). 
 (iii)    
Stock Awards Held by Persons other than Current Participants. Except as otherwise stated in the Stock Award Agreement, in the event of a Corporate Transaction in which the surviving corporation or acquiring corporation (or its parent company)
does not assume or continue such outstanding Stock Awards or substitute similar stock awards for such outstanding Stock Awards in accordance with subsections (i) or (ii) above, respectively, then with respect to Stock Awards that have not
been assumed, continued or substituted and that are held by persons other than Current Participants, the vesting of such Stock Awards (and, if applicable, the time at which such Stock Award may be exercised) shall not be accelerated and such Stock
Awards (other than a Stock Award consisting of vested and outstanding shares of Common Stock not subject to a forfeiture condition or the Company’s right of repurchase) shall terminate if not exercised (if applicable) prior to the effective
time of the Corporate Transaction; provided, however, that any reacquisition or repurchase rights held by the Company with respect to such Stock Awards shall not terminate and may continue to be exercised notwithstanding the Corporate
Transaction. 
  

 17. 

 (iv)     Payment for Stock Awards in Lieu of Exercise.
Notwithstanding the foregoing, in the event a Stock Award will terminate if not exercised prior to the effective time of a Corporate Transaction, the Board may provide, in its sole discretion, that the holder of such Stock Award may not exercise
such Stock Award but will receive a payment, in such form as may be determined by the Board, equal in value to the excess, if any, of (A) the value of the property the holder of the Stock Award would have received upon the exercise of the Stock
Award (including, at the discretion of the Board, any unvested portion of such Stock Award), over (B) any exercise price payable by such holder in connection with such exercise. 
 (d)     Change in Control. A Stock Award may be subject to additional acceleration of vesting and
exercisability upon or after a Change in Control as may be provided in the Stock Award Agreement for such Stock Award or as may be provided in any other written agreement between the Company or any Affiliate and the Participant. A Stock Award may
vest as to all or any portion of the shares subject to the Stock Award (i) immediately upon the occurrence of a Change in Control, whether or not such Stock Award is assumed, continued, or substituted by a surviving or acquiring entity in the
Change in Control, or (ii) in the event a Participant’s Continuous Service is terminated, actually or constructively, within a designated period before or after the occurrence of a Change in Control. In the absence of such provisions, no
such acceleration shall occur. 
 (e)     Parachute Payments. If any payment or right accruing to
a Participant under this Plan (without the application of this Section 9(e), either alone or together with other payments or rights accruing to the Participant from the Company or otherwise (“Payment”) would
(i) constitute a “parachute payment” within the meaning of Section 280G of the Code, and (ii) but for this sentence, be subject to the excise tax imposed by Section 4999 of the Code (the “Excise
Tax”), then such Payment shall be equal to the Reduced Amount. The “Reduced Amount” shall be either (x) the largest portion of the Payment that would result in no portion of the Payment being subject to the Excise Tax or
(y) the largest portion, up to and including the total, of the Payment, whichever amount, after taking into account all applicable federal, state and local employment taxes, income taxes, and the Excise Tax (all computed at the highest
applicable marginal rate), results in a Participant’s receipt, on an after-tax basis, of the greater amount of the Payment notwithstanding that all or some portion of the Payment may be subject to the Excise Tax; provided, however, that the
foregoing shall not apply to the extent provided otherwise in an Award agreement or in the event the Participant is party to an agreement with the Company that explicitly provides for an alternate treatment of payments or rights that would
constitute “parachute payments.” If a reduction in payments or benefits constituting “parachute payments” is necessary so that the Payment equals the Reduced Amount, reduction shall occur in the following order unless the
Participant elects in writing a different order (provided, however, that such election shall be subject to Company approval if made on or after the effective date of the event that triggers the Payment): reduction of cash payments;
cancellation of accelerated vesting of Stock Awards; reduction of employee benefits. In the event that acceleration of vesting of Stock Award compensation is to be reduced, such acceleration of vesting shall be cancelled in the reverse order of the
date of grant of the Stock Awards (i.e., earliest granted Stock Award cancelled last) unless the Participant elects in writing a different order for cancellation. 
  

 18. 

 10.     TERMINATION OR SUSPENSION
OF THE PLAN. 
 (a)     Plan Term. The Board may
suspend or terminate the Plan at any time. Unless terminated sooner, the Plan shall terminate on the day before the tenth (10th) anniversary of the earlier of (i) the date the Plan is adopted by the Board, or (ii) the date the Plan is
approved by the stockholders of the Company. No Awards may be granted under the Plan while the Plan is suspended or after it is terminated. 
 (b)     No Impairment of Rights. Suspension or termination of the Plan shall not impair rights and obligations under any Award granted while the Plan is in effect except with the written
consent of the affected Participant. 
 11.     EFFECTIVE DATE OF
PLAN. 
 The Plan shall become effective on the IPO Date, but no Award shall be exercised (or, in the case
of a Restricted Stock Award, Restricted Stock Unit Award, or Other Stock Award shall be granted) unless and until the Plan has been approved by the stockholders of the Company, which approval shall be within twelve (12) months before or after
the date the Plan is adopted by the Board. 
 12.     CHOICE OF LAW. 

 The law of the State of California shall govern all questions concerning the construction, validity and interpretation of
this Plan, without regard to that state’s conflict of laws rules. 
 13.     DEFINITIONS. 

 As used in the Plan, the following definitions shall apply to the capitalized terms indicated below: 
 (a)     “Affiliate” means, at the time of determination, any “parent” or
“subsidiary” of the Company as such terms are defined in Rule 405 of the Securities Act. The Board shall have the authority to determine the time or times at which “parent” or “subsidiary” status is determined within
the foregoing definition. 
 (b)     “Award” means a Stock Award or a
Performance Cash Award. 
 (c)     “Board” means the Board of Directors of
the Company. 
 (d)     “Capitalization Adjustment” means any change that
is made in, or other events that occur with respect to, the Common Stock subject to the Plan or subject to any Stock Award after the Effective Date without the receipt of consideration by the Company (through merger, consolidation, reorganization,
recapitalization, reincorporation, stock dividend, dividend in property other than cash, stock split, liquidating dividend, combination of shares, exchange of shares, change in corporate structure or other transaction not involving the receipt of
consideration by the Company). Notwithstanding the foregoing, the conversion of any convertible securities of the Company shall not be treated as a transaction “without the receipt of consideration” by the Company. 
  

 19. 

 (e)     “Cause” means with respect to
a Participant, the occurrence of any of the following events: (i) such Participant’s commission of any felony or any crime involving fraud, dishonesty or moral turpitude under the laws of the United States or any state thereof;
(ii) such Participant’s attempted commission of, or participation in, a fraud or act of dishonesty against the Company; (iii) such Participant’s intentional, material violation of any contract or agreement between the Participant
and the Company or of any statutory duty owed to the Company; (iv) such Participant’s unauthorized use or disclosure of the Company’s confidential information or trade secrets; or (v) such Participant’s gross misconduct. The
determination that a termination of the Participant’s Continuous Service is either for Cause or without Cause shall be made by the Company in its sole discretion. Any determination by the Company that the Continuous Service of a Participant was
terminated by reason of dismissal without Cause for the purposes of outstanding Awards held by such Participant shall have no effect upon any determination of the rights or obligations of the Company or such Participant for any other purpose.

 (f)     “Change in Control” means the occurrence, in a single
transaction or in a series of related transactions, of any one or more of the following events: 
 (i)     any Exchange Act Person becomes the Owner, directly or indirectly, of securities of the Company representing more than fifty percent (50%) of the combined voting power of the Company’s then
outstanding securities other than by virtue of a merger, consolidation or similar transaction. Notwithstanding the foregoing, a Change in Control shall not be deemed to occur (A) on account of the acquisition of securities of the Company by an
investor, any affiliate thereof or any other Exchange Act Person from the Company in a transaction or series of related transactions the primary purpose of which is to obtain financing for the Company through the issuance of equity securities or
(B) solely because the level of Ownership held by any Exchange Act Person (the “Subject Person”) exceeds the designated percentage threshold of the outstanding voting securities as a result of a repurchase or other
acquisition of voting securities by the Company reducing the number of shares outstanding, provided that if a Change in Control would occur (but for the operation of this sentence) as a result of the acquisition of voting securities by the Company,
and after such share acquisition, the Subject Person becomes the Owner of any additional voting securities that, assuming the repurchase or other acquisition had not occurred, increases the percentage of the then outstanding voting securities Owned
by the Subject Person over the designated percentage threshold, then a Change in Control shall be deemed to occur; 
 (ii)     there is consummated a merger, consolidation or similar transaction involving (directly or indirectly) the Company and, immediately after the consummation of such merger, consolidation or similar
transaction, the stockholders of the Company immediately prior thereto do not Own, directly or indirectly, either (A) outstanding voting securities representing more than fifty percent (50%) of the combined outstanding voting power of the
surviving Entity in such merger, consolidation or similar transaction or (B) more than fifty percent (50%) of the combined outstanding voting power of the parent of the surviving Entity in such merger, consolidation or similar transaction,
in each case in substantially the same proportions as their Ownership of the outstanding voting securities of the Company immediately prior to such transaction; 
  

 20. 

 (iii)     the stockholders of the Company approve or the Board
approves a plan of complete dissolution or liquidation of the Company, or a complete dissolution or liquidation of the Company shall otherwise occur, except for a liquidation into a parent corporation; 
 (iv)     there is consummated a sale, lease, exclusive license or other disposition of all or substantially
all of the consolidated assets of the Company and its Subsidiaries, other than a sale, lease, license or other disposition of all or substantially all of the consolidated assets of the Company and its Subsidiaries to an Entity, more than fifty
percent (50%) of the combined voting power of the voting securities of which are Owned by stockholders of the Company in substantially the same proportions relative to each other as their Ownership of the outstanding voting securities of the
Company immediately prior to such sale, lease, license or other disposition; or 
 (v)    
individuals who, on the date the Plan is adopted by the Board, are members of the Board (the “Incumbent Board”) cease for any reason to constitute at least a majority of the members of the Board; provided, however,
that if the appointment or election (or nomination for election) of any new Board member was approved or recommended by a majority vote of the members of the Incumbent Board then still in office, such new member shall, for purposes of the Plan, be
considered as a member of the Incumbent Board. 
 For avoidance of doubt, the term Change in Control shall not include a sale
of assets, merger or other transaction effected exclusively for the purpose of changing the domicile of the Company. 
 Notwithstanding the foregoing or any other provision of the Plan, the definition of Change in Control (or any analogous term) in an individual written agreement between the Company or any Affiliate and the Participant shall supersede the
foregoing definition with respect to Awards subject to such agreement; provided, however, that if no definition of Change in Control or any analogous term is set forth in such an individual written agreement, the foregoing definition shall
apply. 
 (g)     “Code” means the Internal Revenue Code of 1986, as
amended. 
 (h)     “Committee” means a committee of one (1) or more
Directors to whom authority has been delegated by the Board in accordance with Section 2(c). 
 (i)     “Common Stock” means the common stock of the Company. 
 (j)     “Company” means Metropark USA, Inc., a Delaware corporation. 
 (k)     “Consultant” means any person, including an advisor, who is (i) engaged by the Company or an Affiliate to render consulting or advisory services and is compensated for such
services, or (ii) serving as a member of the board of directors of an Affiliate and is compensated for such services. However, service solely as a Director, or payment of a fee for such service, shall not cause a Director to be considered a
“Consultant” for purposes of the Plan.  
 (l)     “Continuous
Service” means that the Participant’s service with the Company or an Affiliate, whether as an Employee, Director or Consultant, is not interrupted or terminated. A change in the capacity in which the Participant renders service to
the 

  

 21. 

 
Company or an Affiliate as an Employee, Consultant or Director or a change in the entity for which the Participant renders such service, provided that there
is no interruption or termination of the Participant’s service with the Company or an Affiliate, shall not terminate a Participant’s Continuous Service; provided, however, if the Entity for which a Participant is rendering services
ceases to qualify as an “Affiliate,” as determined by the Board in its sole discretion, such Participant’s Continuous Service shall be considered to have terminated on the date such Entity ceases to qualify as an Affiliate. To the
extent permitted by law, the Board or the chief executive officer of the Company, in that party’s sole discretion, may determine whether Continuous Service shall be considered interrupted in the case of: (i) any leave of absence approved
by the Board or the chief executive officer of the Company, including sick leave, military leave or any other personal leave; or (ii) transfers between the Company, an Affiliate, or their successors. Notwithstanding the foregoing, a leave of
absence shall be treated as Continuous Service for purposes of vesting in a Stock Award only to such extent as may be provided in the Company’s leave of absence policy, in the written terms of any leave of absence agreement or policy applicable
to the Participant, or as otherwise required by law. 
 (m)     “Corporate
Transaction” means the occurrence, in a single transaction or in a series of related transactions, of any one or more of the following events: 
 (i)     a sale or other disposition of all or substantially all, as determined by the Board in its sole discretion, of the consolidated assets of the Company and its Subsidiaries;

 (ii)     a sale or other disposition of at least ninety percent (90%) of the outstanding
securities of the Company; 
 (iii)     the consummation of a merger, consolidation or similar
transaction following which the Company is not the surviving corporation; or 
 (iv)     the
consummation of a merger, consolidation or similar transaction following which the Company is the surviving corporation but the shares of Common Stock outstanding immediately preceding the merger, consolidation or similar transaction are converted
or exchanged by virtue of the merger, consolidation or similar transaction into other property, whether in the form of securities, cash or otherwise. 
 (n)     “Covered Employee” shall have the meaning provided in Section 162(m)(3) of the Code. 
 (o)     “Director” means a member of the Board. 
 (p)     “Disability” means, with respect to a Participant, the inability of such
Participant to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months,
as provided in Section 22(e)(3) and 409A(a)(2)(c)(i) of the Code. 
 (q)    
“Effective Date” means the effective date of the Plan as set forth in Section 11. 
  

 22. 

 (r)     “Employee” means any person
employed by the Company or an Affiliate. However, service solely as a Director, or payment of a fee for such services, shall not cause a Director to be considered an “Employee” for purposes of the Plan. 
 (s)     “Entity” means a corporation, partnership, limited liability company or other
entity. 
 (t)     “Exchange Act” means the Securities Exchange Act of
1934, as amended. 
 (u)     “Exchange Act Person” means any natural
person, Entity or “group” (within the meaning of Section 13(d) or 14(d) of the Exchange Act), except that “Exchange Act Person” shall not include (i) the Company or any Subsidiary of the Company, (ii) any employee
benefit plan of the Company or any Subsidiary of the Company or any trustee or other fiduciary holding securities under an employee benefit plan of the Company or any Subsidiary of the Company, (iii) an underwriter temporarily holding
securities pursuant to an offering of such securities, (iv) an Entity Owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions as their Ownership of stock of the Company; or (v) any natural
person, Entity or “group” (within the meaning of Section 13(d) or 14(d) of the Exchange Act) that, as of the Effective Date, is the Owner, directly or indirectly, of securities of the Company representing more than fifty percent
(50%) of the combined voting power of the Company’s then outstanding securities. 
 (v)    
“Fair Market Value” means, as of any date, the value of the Common Stock determined as follows: 
 (i)     If the Common Stock is listed on any established stock exchange or traded on any established market, the Fair Market Value of a share of Common Stock shall be the closing sales price for such stock as
quoted on such exchange (or the exchange or market with the greatest volume of trading in the Common Stock) on the date of determination, as reported in The Wall Street Journal or such other source as the Board deems reliable. Unless
otherwise provided by the Board, if there is no closing sales price for the Common Stock on the date of determination, then the Fair Market Value shall be the closing selling price on the last preceding date for which such quotation exists.

 (ii)     In the absence of such markets for the Common Stock, the Fair Market Value shall be
determined by the Board in good faith and in a manner that complies with Section 409A of the Code. 
 (w)     “Incentive Stock Option” means an Option which qualifies as an “incentive stock option” within the meaning of Section 422 of the Code and the regulations promulgated
thereunder. 
 (x)     “IPO Date” means the date of the underwriting
agreement between the Company and the underwriter(s) managing the initial public offering of the Common Stock, pursuant to which the Common Stock is priced for the initial public offering. 
 (y)     “Non-Employee Director” means a Director who either (i) is not a current
employee or officer of the Company or an Affiliate, does not receive compensation, either directly or indirectly, from the Company or an Affiliate for services rendered as a 

  

 23. 

 
consultant or in any capacity other than as a Director (except for an amount as to which disclosure would not be required under Item 404(a) of
Regulation S-K promulgated pursuant to the Securities Act (“Regulation S-K”)), does not possess an interest in any other transaction for which disclosure would be required under Item 404(a) of Regulation S-K, and is not
engaged in a business relationship for which disclosure would be required pursuant to Item 404(b) of Regulation S-K; or (ii) is otherwise considered a “non-employee director” for purposes of Rule 16b-3. 
 (z)    “Nonstatutory Stock Option” means an Option that does not qualify as an
Incentive Stock Option. 
 (aa)    “Officer” means a person who is an
officer of the Company within the meaning of Section 16 of the Exchange Act and the rules and regulations promulgated thereunder. 
 (bb)    “Option” means an Incentive Stock Option or a Nonstatutory Stock Option to purchase shares of Common Stock granted pursuant to the Plan. 
 (cc)    “Option Agreement” means a written agreement between the Company and an
Optionholder evidencing the terms and conditions of an Option grant. Each Option Agreement shall be subject to the terms and conditions of the Plan. 
 (dd)    “Optionholder” means a person to whom an Option is granted pursuant to the Plan or, if applicable, such other person who holds an outstanding Option.

 (ee)    “Other Stock Award” means an award based in whole or in part by
reference to the Common Stock which is granted pursuant to the terms and conditions of Section 6(e). 
 (ff)    “Other Stock Award Agreement” means a written agreement between the Company and a holder of an Other Stock Award evidencing the terms and conditions of an Other Stock Award grant.
Each Other Stock Award Agreement shall be subject to the terms and conditions of the Plan. 
 (gg)    “Outside Director” means a Director who either (i) is not a current employee of the Company or an “affiliated corporation” (within the meaning of Treasury Regulations
promulgated under Section 162(m) of the Code), is not a former employee of the Company or an “affiliated corporation” who receives compensation for prior services (other than benefits under a tax-qualified retirement plan) during the
taxable year, has not been an officer of the Company or an “affiliated corporation,” and does not receive remuneration from the Company or an “affiliated corporation,” either directly or indirectly, in any capacity other than as
a Director, or (ii) is otherwise considered an “outside director” for purposes of Section 162(m) of the Code. 
 (hh)    “Own,” “Owned,” “Owner,” “Ownership” A person or Entity shall be deemed to “Own,” to have
“Owned,” to be the “Owner” of, or to have acquired “Ownership” of securities if such person or Entity, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, has or shares
voting power, which includes the power to vote or to direct the voting, with respect to such securities. 
  

 24. 

 (ii)    “Participant” means a person
to whom an Award is granted pursuant to the Plan or, if applicable, such other person who holds an outstanding Stock Award. 
 (jj)    “Performance Cash Award” means an award of cash granted pursuant to the terms and conditions of Section 6(d)(ii). 
 (kk)    “Performance Criteria” means the one or more criteria that the Board shall
select for purposes of establishing the Performance Goals for a Performance Period. The Performance Criteria that shall be used to establish such Performance Goals may be based on any one of, or combination of, the following: (i) earnings per
share; (ii) earnings before interest, taxes and depreciation; (iii) earnings before interest, taxes, depreciation and amortization (EBITDA); (iv) total stockholder return; (v) return on equity; (vi) return on assets,
investment, or capital employed; (vii) operating margin; (viii) gross margin; (ix) operating income; (x) net income (before or after taxes); (xi) net operating income; (xii) net operating income after tax;
(xiii) pre- and after-tax income; (xiv) pre-tax profit; (xv) operating cash flow; (xvi) sales or revenue targets; (xvii) orders and revenue; (xviii) increases in revenue or product revenue; (xix) expenses and cost
reduction goals; (xx) improvement in or attainment of expense levels; (xxi) improvement in or attainment of working capital levels; (xxii) economic value added (or an equivalent metric); (xxiii) market share; (xxiv) cash
flow; (xxv) cash flow per share; (xxvi) share price performance; (xxvii) debt reduction; (xxviii) implementation or completion of projects or processes; (xxix) customer satisfaction; (xxx) stockholders’ equity;
(xxxi) quality measures; and (xxxii) to the extent that an Award is not intended to comply with Section 162(m) of the Code, other measures of performance selected by the Board. Partial achievement of the specified criteria may result
in the payment or vesting corresponding to the degree of achievement as specified in the Stock Award Agreement or the written terms of a Performance Cash Award. The Board shall, in its sole discretion, define the manner of calculating the
Performance Criteria it selects to use for such Performance Period. 
 (ll)    “Performance Goals” means, for a Performance Period, the one or more goals established by the Board for the Performance Period based upon the satisfaction of the Performance
Criteria. Performance Goals may be based on a Company-wide basis, with respect to one or more business units, divisions, Affiliates, or business segments, and in either absolute terms or relative to the performance of one or more comparable
companies or the performance of one or more relevant indices. At the time of the grant of any Awards, the Board is authorized to determine whether, when calculating the attainment of Performance Goals for a Performance Period: (i) to exclude
restructuring and/or other nonrecurring charges; (ii) to exclude exchange rate effects, as applicable, for non-U.S. dollar denominated net sales and operating earnings; (iii) to exclude the effects of changes to generally accepted
accounting standards required by the Financial Accounting Standards Board; (iv) to exclude the effects of any statutory adjustments to corporate tax rates; and (v) to exclude the effects of any “extraordinary items” as determined
under generally accepted accounting principles. In addition, the Board retains the discretion to reduce or eliminate the compensation or economic benefit due upon attainment of Performance Goals. 
 (mm)    “Performance Period” means one or more periods of time, which may be of
varying and overlapping duration, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to and the payment of a Performance Stock Award or a
Performance Cash Award. 
  

 25. 

 (nn)    “Performance Stock Award”
means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(d)(i). 
 (oo)    “Plan” means this Metropark USA, Inc. 2008 Equity Incentive Plan. 
 (pp)    “Prior Plan” means the Company’s Amended and Restated Stock Option Plan as in effect immediately prior to the Effective Date. 
 (qq)    “Restricted Stock Award” means an award of shares of Common Stock which is
granted pursuant to the terms and conditions of Section 6(a). 
 (rr)    “Restricted Stock Award Agreement” means a written agreement between the Company and a holder of a Restricted Stock Award evidencing the terms and conditions of a Restricted Stock
Award grant. Each Restricted Stock Award Agreement shall be subject to the terms and conditions of the Plan. 
 (ss)    “Restricted Stock Unit Award” means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b). 
 (tt)    “Restricted Stock Unit Award Agreement” means a written agreement between the
Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement shall be subject to the terms and conditions of the Plan. 
 (uu)    “Rule 16b-3” means Rule 16b-3 promulgated under the Exchange Act or any
successor to Rule 16b-3, as in effect from time to time. 
 (vv)    “Securities
Act” means the Securities Act of 1933, as amended. 
 (ww)    “Stock
Appreciation Right” means a right to receive the appreciation on Common Stock that is granted pursuant to the terms and conditions of Section 6(c). 
 (xx)    “Stock Appreciation Right Agreement” means a written agreement between the Company and a holder of a Stock Appreciation Right evidencing
the terms and conditions of a Stock Appreciation Right grant. Each Stock Appreciation Right Agreement shall be subject to the terms and conditions of the Plan. 
 (yy)    “Stock Award” means any right to receive Common Stock granted under the Plan, including an Option, a Restricted Stock Award, a
Restricted Stock Unit Award, a Stock Appreciation Right, a Performance Stock Award, or any Other Stock Award. 
 (zz)    “Stock Award Agreement” means a written agreement between the Company and a Participant evidencing the terms and conditions of a Stock Award grant. Each Stock Award Agreement shall
be subject to the terms and conditions of the Plan. 
  

 26. 

 (aaa)    “Subsidiary” means, with
respect to the Company, (i) any corporation of which more than fifty percent (50%) of the outstanding capital stock having ordinary voting power to elect a majority of the board of directors of such corporation (irrespective of whether, at
the time, stock of any other class or classes of such corporation shall have or might have voting power by reason of the happening of any contingency) is at the time, directly or indirectly, Owned by the Company, and (ii) any partnership,
limited liability company or other entity in which the Company has a direct or indirect interest (whether in the form of voting or participation in profits or capital contribution) of more than fifty percent (50%) . 
 (bbb)    “Ten Percent Stockholder” means a person who Owns (or is deemed to Own
pursuant to Section 424(d) of the Code) stock possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Company or any Affiliate. 
  

 27. 

 Corporate Transaction Acceleration 
 METROPARK USA, INC. 
 2008 EQUITY
INCENTIVE PLAN 
 OPTION AGREEMENT 
 (INCENTIVE STOCK OPTION OR NONSTATUTORY STOCK
OPTION) 
 Pursuant to your Option Grant Notice (“Grant Notice”) and this Option
Agreement, Metropark USA, Inc. (the “Company”) has granted you an option under its 2008 Equity Incentive Plan (the “Plan”) to purchase the number of shares of the Company’s Common Stock indicated
in your Grant Notice at the exercise price indicated in your Grant Notice. Defined terms not explicitly defined in this Option Agreement but defined in the Plan shall have the same definitions as in the Plan. 
 The details of your option are as follows: 
 1.    VESTING. Subject to the limitations contained herein, your option will vest as provided in your Grant Notice, provided that vesting will cease upon the termination of
your Continuous Service. Additionally, in the event that your Continuous Service has not terminated prior to the effective time of a Corporate Transaction, the vesting of your option (and, if applicable, the time at which such option may be
exercised) shall (contingent upon the effectiveness of the Corporate Transaction) be accelerated in full to a date prior to the effective time of such Corporate Transaction as the Board shall determine (or, if the Board shall not determine such a
date, to the date that is five (5) days prior to the effective time of the Corporate Transaction). 
 2.    NUMBER OF SHARES AND EXERCISE PRICE. The number of shares of Common Stock subject to your option and your exercise
price per share referenced in your Grant Notice may be adjusted from time to time for Capitalization Adjustments. 
 3.    EXERCISE RESTRICTION FOR NON-EXEMPT EMPLOYEES. In the event that you are an Employee eligible for overtime
compensation under the Fair Labor Standards Act of 1938, as amended (i.e., a “Non-Exempt Employee”), you may not exercise your option until you have completed at least six (6) months of Continuous Service measured
from the Date of Grant specified in your Grant Notice, notwithstanding any other provision of your option. 
 4.    METHOD OF PAYMENT. Payment of the exercise price is due in full upon exercise of all or any part of your option. You may elect to make payment of the exercise
price in cash or by check or in any other manner permitted by your Grant Notice, which may include one or more of the following: 
 (a)    In the Company’s sole discretion at the time your option is exercised and provided that at the time of exercise the Common Stock is publicly traded and quoted regularly in The
Wall Street Journal, pursuant to a program developed under Regulation T as promulgated by the Federal Reserve Board that, prior to the issuance of Common Stock, results in either the receipt of cash (or check) by the Company or the receipt of
irrevocable instructions to pay the aggregate exercise price to the Company from the sales proceeds. 

 (b)    Provided that at the time of exercise the Common Stock
is publicly traded and quoted regularly in The Wall Street Journal, by delivery to the Company (either by actual delivery or attestation) of already-owned shares of Common Stock that are owned free and clear of any liens, claims, encumbrances
or security interests, and that are valued at Fair Market Value on the date of exercise. “Delivery” for these purposes, in the sole discretion of the Company at the time you exercise your option, shall include delivery to the Company of
your attestation of ownership of such shares of Common Stock in a form approved by the Company. Notwithstanding the foregoing, you may not exercise your option by tender to the Company of Common Stock to the extent such tender would violate the
provisions of any law, regulation or agreement restricting the redemption of the Company’s stock. 
 5.    WHOLE SHARES. You may exercise your option only for whole shares of Common Stock. 
 6.    SECURITIES LAW COMPLIANCE. Notwithstanding anything to the contrary contained herein, you may not exercise your option unless the shares of
Common Stock issuable upon such exercise are then registered under the Securities Act or, if such shares of Common Stock are not then so registered, the Company has determined that such exercise and issuance would be exempt from the registration
requirements of the Securities Act. The exercise of your option also must comply with other applicable laws and regulations governing your option, and you may not exercise your option if the Company determines that such exercise would not be in
material compliance with such laws and regulations. 
 7.    TERM. You may not
exercise your option before the commencement or after the expiration of its term. The term of your option commences on the Date of Grant and expires upon the earliest of the following: 
 (a)    immediately upon the termination of your Continuous Service for Cause; 
 (b)    three (3) months after the termination of your Continuous Service for any reason other than Cause,
your Disability or death; provided, however, that (i) if during any part of such three (3) month period your option is not exercisable solely because of the condition set forth in Section 6, your option shall not expire until
the earlier of the Expiration Date or until it shall have been exercisable for an aggregate period of three (3) months after the termination of your Continuous Service and (ii) if (x) you are a Non-Exempt Employee, (y) you
terminate your Continuous Service within six (6) months after the Date of Grant specified in your Grant Notice, and (z) you have vested in a portion of your option at the time of your termination of Continuous Service, your option shall
not expire until the earlier of (A) the later of the date that is seven (7) months after the Date of Grant specified in your Grant Notice or the date that is three (3) months after the termination of your Continuous Service, or
(B) the Expiration Date; 
 (c)    twelve (12) months after the termination of your
Continuous Service due to your Disability; 
 (d)    eighteen (18) months after your death if
you die either during your Continuous Service or within three (3) months after your Continuous Service terminates for any reason other than Cause; 

 (e)    the Expiration Date indicated in your Grant Notice; or

 (f)    the day before the tenth (10th) anniversary of the Date of Grant. 
 If your option is an Incentive Stock Option, note that to obtain the federal income tax advantages associated with an Incentive Stock
Option, the Code requires that at all times beginning on the date of grant of your option and ending on the day three (3) months before the date of your option’s exercise, you must be an employee of the Company or an Affiliate, except in
the event of your death or Disability. The Company has provided for extended exercisability of your option under certain circumstances for your benefit but cannot guarantee that your option will necessarily be treated as an Incentive Stock Option if
you continue to provide services to the Company or an Affiliate as a Consultant or Director after your employment terminates or if you otherwise exercise your option more than three (3) months after the date your employment with the Company or
an Affiliate terminates. 
 8.    EXERCISE. 
 (a)    You may exercise the vested portion of your option during its term by delivering a Notice of Exercise
(in a form designated by the Company) together with the exercise price to the Secretary of the Company, or to such other person as the Company may designate, during regular business hours, together with such additional documents as the Company may
then require. 
 (b)    By exercising your option you agree that, as a condition to any exercise
of your option, the Company may require you to enter into an arrangement providing for the payment by you to the Company of any tax withholding obligation of the Company arising by reason of (i) the exercise of your option, or (ii) the
disposition of shares of Common Stock acquired upon such exercise. 
 (c)    If your option is an
Incentive Stock Option, by exercising your option you agree that you will notify the Company in writing within fifteen (15) days after the date of any disposition of any of the shares of the Common Stock issued upon exercise of your option that
occurs within two (2) years after the date of your option grant or within one (1) year after such shares of Common Stock are transferred upon exercise of your option. 
 9.    TRANSFERABILITY. 
 (a)     If your option is an Incentive Stock Option, your option is generally not transferable, except by will or by the laws of descent and distribution, and is exercisable during your life only by you.
Notwithstanding the foregoing, by delivering written notice to the Company, in a form satisfactory to the Company, you may designate a third party who, in the event of your death, shall thereafter be entitled to exercise your option. In addition,
you may transfer your option to a trust if you are considered to be the sole beneficial owner (determined under Section 671 of the Code and applicable state law) while the option is held in the trust, provided that you and the trustee enter
into transfer and other agreements required by the Company. 

 (b)    If your option is a Nonstatutory Stock Option, your
option is not transferable, except (i) by will or by the laws of descent and distribution, (ii) with the prior written approval of the Company, by instrument to an inter vivos or testamentary trust, in a form accepted by the Company, in
which the option is to be passed to beneficiaries upon the death of the trustor (settlor) and (iii) with the prior written approval of the Company, by gift, in a form accepted by the Company, to a permitted transferee under Rule 701 of the
Securities Act. 
 10.    OPTION NOT A
SERVICE CONTRACT. Your option is not an employment or service contract, and nothing in your option shall be deemed to create in any way whatsoever any obligation on your part to continue in the employ of the Company
or an Affiliate, or of the Company or an Affiliate to continue your employment. In addition, nothing in your option shall obligate the Company or an Affiliate, their respective stockholders, Boards of Directors, Officers or Employees to continue any
relationship that you might have as a Director or Consultant for the Company or an Affiliate. 
 11.    WITHHOLDING OBLIGATIONS. 
 (a)    At the time you exercise your option, in whole or in part, or at any time thereafter as requested by the Company, you hereby authorize withholding from payroll and any other amounts payable to you, and
otherwise agree to make adequate provision for (including by means of a “cashless exercise” pursuant to a program developed under Regulation T as promulgated by the Federal Reserve Board to the extent permitted by the Company), any sums
required to satisfy the federal, state, local and foreign tax withholding obligations of the Company or an Affiliate, if any, which arise in connection with the exercise of your option. 
 (b)    Upon your request and subject to approval by the Company, in its sole discretion, and compliance with
any applicable legal conditions or restrictions, the Company may withhold from fully vested shares of Common Stock otherwise issuable to you upon the exercise of your option a number of whole shares of Common Stock having a Fair Market Value,
determined by the Company as of the date of exercise, not in excess of the minimum amount required to be withheld by law (or such lower amount as may be necessary to avoid classification of your option as a liability for financial accounting
purposes). Any adverse consequences to you arising in connection with such share withholding procedure shall be your sole responsibility. 
 (c)    You may not exercise your option unless the tax withholding obligations of the Company and/or any Affiliate are satisfied. Accordingly, you may not be able to exercise your option
when desired even though your option is vested, and the Company shall have no obligation to issue a certificate for such shares of Common Stock unless such obligations are satisfied. 
 12.    NOTICES. Any notices provided for in your option or the Plan shall be given in writing
and shall be deemed effectively given upon receipt or, in the case of notices delivered by mail by the Company to you, five (5) days after deposit in the United States mail, postage prepaid, addressed to you at the last address you provided to
the Company. 

 13.    GOVERNING PLAN
DOCUMENT. Your option is subject to all the provisions of the Plan, the provisions of which are hereby made a part of your option, and is further subject to all interpretations, amendments, rules and regulations, which may from
time to time be promulgated and adopted pursuant to the Plan. In the event of any conflict between the provisions of your option and those of the Plan, the provisions of the Plan shall control. 

 METROPARK USA, INC. 
 2008 EQUITY INCENTIVE PLAN 
 OPTION GRANT NOTICE 
 Metropark USA, Inc. (the
“Company”), pursuant to its 2008 Equity Incentive Plan (the “Plan”), hereby grants to Optionholder an option to purchase the number of shares of the Company’s Common Stock set forth below. This
option is subject to all of the terms and conditions as set forth herein and in the Option Agreement, the Plan, and the Notice of Exercise, all of which are attached hereto and incorporated herein in their entirety. 
  

					
	Optionholder:	  	                                       
                               	  	
	Date of Grant:	  	                                       
                               	  	
	Vesting Commencement Date:	  	                                       
                               	  	
	Number of Shares Subject to Option:	  	                                       
                               	  	
	Exercise Price (Per Share):	  	                                       
                               	  	
	Total Exercise Price:	  	                                       
                               	  	
	Expiration Date:	  	                                       
                               	  	

  

					
	Type of Grant:	  	 ̈ Incentive Stock Option1	  	 ̈ Nonstatutory Stock Option
			
	Exercise Schedule:	  	Same as Vesting Schedule	  	
		
	Vesting Schedule:	  	[1/4th of the shares vest and become exercisable on the first anniversary of the
Vesting Commencement Date; the balance of the shares vest and become exercisable in a series of twelve (12) successive equal quarterly installments every three (3) months thereafter, so that the shares will be fully vested on the fourth anniversary
of the Vesting Commencement Date, provided that Optionee is providing Continuous Service through the applicable vesting dates.
		
	Payment:	  	By one or a combination of the following items (described in the Option Agreement):
			
		  	x By cash or check	  	
		  	x Pursuant to a Regulation T Program if the Shares are publicly traded
		  	x By delivery of already-owned shares if the Shares are publicly traded

 Additional Terms/Acknowledgements: The undersigned Optionholder acknowledges receipt of, and understands
and agrees to, this Option Grant Notice, the Option Agreement, and the Plan. Optionholder further acknowledges that as of the Date of Grant, this Option Grant Notice, the Option Agreement, and the Plan set forth the entire understanding between
Optionholder and the Company regarding the acquisition of stock in the Company and supersede all prior oral and written agreements on that subject with the exception of (i) options previously granted and delivered to Optionholder under the
Plan, and (ii) the following agreements only: 
  

			
	OTHER AGREEMENTS:	  	                                       
                                         
                                         
    
		  	                                       
                                         
                                         
    

  

	 1
	 If this is an Incentive Stock Option, it (plus other outstanding Incentive Stock Options) cannot be first
exercisable for more than $100,000 in value (measured by exercise price) in any calendar year. Any excess over $100,000 is a Nonstatutory Stock Option. 

									
	METROPARK USA, INC.	 		 		 	OPTIONHOLDER:
					
	By:	  	  
	 		 		 	  

		  	Signature	 		 		 	Signature
	Title:	  	  
	 		 		 	
	Date:	  	  
	 		 	Date:	 	  

		  		 		 		 	

 ATTACHMENTS: Option Agreement, 2008 Equity Incentive Plan, and Notice of
Exercise 

 ATTACHMENT I 
 OPTION AGREEMENT 
  

 ATTACHMENT II 
 2008 EQUITY INCENTIVE PLAN 

 ATTACHMENT III 
 NOTICE OF EXERCISE

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