Document:

Exhibit
10.1

 

RESTRICTED STOCK AWARD AGREEMENT

UNDER THE FOOT LOCKER

2007 STOCK INCENTIVE PLAN

 

This Restricted Stock Award Agreement (the
“Agreement”) made as of                       , 20       by and between Foot Locker, Inc., a New York corporation with its
principal office located at 112 West 34th Street, New York, New York 10120 (the “Company”) and                             (the “Executive”).

 

Effective                                  (the “Date of
Grant”), the Compensation and Management Resources Committee (the “Compensation Committee”) of the Board of Directors
of the Company granted the Executive an award of                        shares of Restricted Stock under the 2007 Stock Incentive Plan (the
“Plan”), subject to the terms of the Plan and the restrictions set forth in this Agreement.

 

1. Grant of Shares

 

The Company is transferring to the Executive
                       shares of validly issued Common Stock of the Company, par value $.01 per share (the “Restricted Stock”).
Such shares are fully paid and nonassessable and upon transfer shall be validly issued and outstanding. The shares are subject
to certain restrictions pursuant to Section 3 hereof, which restrictions shall expire as provided in Section 3.3 hereof.

 

2. Restrictions on Transfer

 

The Executive shall not sell, transfer, pledge,
hypothecate, assign or otherwise dispose of the Restricted Stock, except as set forth in this Agreement. Any attempted sale, transfer,
pledge, hypothecation, assignment or other disposition of the shares in violation of this Agreement shall be void and of no effect
and the Company shall have the right to disregard the same on its books and records and to issue “stop transfer” instructions
to its transfer agent.

 

3. Restricted Stock

 

3.1 Deposit of Certificates. The
Executive will deposit with and deliver to the Company the stock certificate or certificates representing the Restricted Stock,
each duly endorsed in blank or accompanied by stock powers duly executed in blank. In the event the Executive receives a stock
dividend on the Restricted Stock or the Restricted Stock is split or the Executive receives any other shares, securities, monies,
or property representing a dividend on the Restricted Stock (other than regular cash dividends on and after the date of this Agreement)
or representing a distribution or return of capital upon or in respect of the Restricted Stock or any part thereof, or resulting
from a split-up, reclassification or other like changes of the Restricted Stock, or otherwise received in exchange therefor, and
any warrants, rights or options issued to the Executive in respect of the Restricted Stock (collectively the “RS Property”),
the Executive

    	 

    	

    

will also immediately deposit with and deliver to the Company
any of such RS Property, including any certificates representing shares duly endorsed in blank or accompanied by stock powers duly
executed in blank, and such RS Property shall be subject to the same restrictions, including that of this Section 3.1, as the Restricted
Stock with regard to which they are issued and shall herein be encompassed within the term “Restricted Stock.”

 

3.2 Rights with Regard to the Restricted
Stock. The Restricted Stock has been transferred from either the Company’s treasury or newly issued stock and, therefore,
upon delivery to the Executive will constitute issued and outstanding shares of Common Stock for all corporate purposes. From and
after the date of transfer, the Executive will have the right to vote the Restricted Stock, to receive and retain all regular cash
dividends payable to record holders of Common Stock on and after the transfer of the Restricted Stock (although such dividends
shall be treated, to the extent required by law, as additional compensation for tax purposes if paid on Restricted Stock), and
to exercise all other rights, powers and privileges of a holder of Common Stock with respect to the Restricted Stock, with the
exceptions that (i) the Executive will not be entitled to delivery of the stock certificate or certificates representing the Restricted
Stock until the restriction period shall have expired and unless all other vesting requirements with respect thereto shall have
been fulfilled, (ii) the Company will retain custody of the stock certificate or certificates representing the Restricted Stock
and the other RS Property during the restriction period, (iii) no RS Property shall bear interest or be segregated in separate
accounts during the restriction period and (iv) the Executive may not sell, assign, transfer, pledge, exchange, encumber or dispose
of the Restricted Stock during the restriction period.

 

3.3 Vesting. (a) The
Restricted Stock shall become 100% vested and cease to be Restricted Stock (but still subject to the other terms of the Plan
and this Agreement) on                        if the Executive has been continuously employed by the Company or its subsidiaries within the meaning of Section 424 of the
Internal Revenue Code of 1986, as amended (the “Control Group”) until such date.

 

(b) Other than as may be provided for
under Section 3.4 hereof, there shall be no proportionate or partial vesting in the periods prior to the appropriate vesting date
and all vesting shall occur only on the appropriate vesting date.

 

(c) When any Restricted Stock becomes
vested, the Company shall promptly issue and deliver to the Executive a new stock certificate registered in the name of the Executive
for such shares without the legend set forth in Section 4 hereof and deliver to the Executive any related other RS Property.

 

(d) In addition, if the Company terminates
your employment without Cause or you terminate your employment for Good Reason upon, or within twenty-four (24) months following,
a Change in Control as defined in Appendix A hereto, all shares of Restricted Stock shall become immediately vested and cease to
be Restricted Stock.

 

3.4 Forfeiture. In the event of
the Executive’s death, disability, or resignation, the Executive shall forfeit to the Company, without compensation, all
unvested shares of Restricted Stock; provided that (i) in the event of the death or disability of the Executive, or (ii) in the
event

    	 

    	

    

that the Executive ceases to be employed by the Company or any
subsidiary or affiliate of the Company as a result of the closing, sale, spin-off or other divestiture of any operation of the
Company, the Compensation Committee, in its sole discretion, may, but shall not be obligated to, fully vest and not forfeit all
or any portion of the Executive’s Restricted Stock.

 

3.5 Adjustments. In the event of
any stock dividend, split up, split-off, spin-off, distribution, recapitalization, combination or exchange of shares, merger, consolidation,
reorganization or liquidation or the like, the Restricted Stock shall, where appropriate in the sole discretion of the Compensation
Committee, receive the same distributions as other shares of Common Stock or on some other basis as determined by the Compensation
Committee. In any such event, the Compensation Committee may, in its sole discretion, determine to award additional Restricted
Stock in lieu of the distribution or adjustment being made with respect to other shares of Common Stock. In any such event, the
determination made by the Compensation Committee of the Board of Directors shall be conclusive. The Compensation Committee may,
in its sole discretion, at any time fully vest and not forfeit all or any portion of the Executive’s Restricted Stock.

 

3.6 Withholding. The Executive
agrees that, subject to subsection 3.7 below,

 

(a) No later than the date on which any
Restricted Stock shall have become vested, the Executive will pay to the Company, or make arrangements satisfactory to the Company
regarding payment of, any federal, state or local taxes of any kind required by law to be withheld with respect to any Restricted
Stock which shall have become so vested; and

 

(b) The Company shall, to the extent permitted
by law, have the right to deduct from any payment of any kind otherwise due to the Executive any federal, state or local taxes
of any kind required by law to be withheld with respect to any Restricted Stock which shall have become so vested.

 

3.7 Section 83(b). If the Executive
properly elects (as required by Section 83(b) of the Internal Revenue Code of 1986, as amended) within thirty (30) days after the
issuance of the Restricted Stock to include in gross income for federal income tax purposes in the year of issuance the fair market
value of such Restricted Stock, the Executive shall pay to the Company or make arrangements satisfactory to the Company to pay
to the Company upon such election, any federal, state or local taxes required to be withheld with respect to such Restricted Stock.
If the Executive shall fail to make such payment, the Company shall, to the extent permitted by law, have the right to deduct from
any payment of any kind otherwise due to the Executive any federal, state or local taxes of any kind required by law to be withheld
with respect to such Restricted Stock. The Executive acknowledges that it is his sole responsibility, and not the Company’s,
to file timely the election under Section 83(b) of the Internal Revenue Code of 1986, as amended, and any corresponding provisions
of state tax laws if he elects to utilize such election.

 

3.8 Special Incentive Compensation.
The Executive agrees that the award of the Restricted Stock hereunder is special incentive compensation and that it, any dividends
paid thereon (even if treated as compensation for tax purposes) and any other RS Property will not be

    	 

    	

    

taken into account as “salary” or “compensation”
or “bonus” in determining the amount of any payment under any pension, retirement or profit-sharing plan of the Company
or any life insurance, disability or other benefit plan of the Company.

 

3.9 Delivery Delay. The delivery
of any certificate representing Restricted Stock or other RS Property may be postponed by the Company for such period as may be
required for it to comply with any applicable federal or state securities law, or any national securities exchange listing requirements
and the Company is not obligated to issue or deliver any securities if, in the opinion of counsel for the Company, the issuance
of such shares shall constitute a violation by the Executive or the Company of any provisions of any law or of any regulations
of any governmental authority or any national securities exchange.

 

4. Legend. All certificates representing shares of
Restricted Stock shall have endorsed thereon a legend referring to the terms, conditions and restrictions applicable to such Restricted
Stock, substantially in the following form:

 

“The anticipation, alienation, attachment,
sale, transfer, assignment, pledge, encumbrance or charge of the shares of stock represented hereby are subject to the terms and
conditions (including forfeiture) of the Foot Locker (the “Company”) 2007 Stock Incentive Plan, and an Agreement entered
into between the registered owner and the Company dated as of                             . Copies of such Plan and Agreement are on file at the
principal office of the Company.”

 

5. Non-Competition.

 

5.1 Competition. By accepting this award of Restricted
Stock, as provided below, the Executive agrees that during the “Non-Competition Period” he will not engage in “Competition”
with the Company or any of its subsidiaries, divisions, or affiliates (the “Control Group”). As used herein, “Competition”
means:

 

(a) participating, directly or indirectly,
as an individual proprietor, stockholder, officer, employee, director, joint venturer, investor, lender, consultant, or in any
capacity whatsoever (within the United States of America, or in any country where the Company or any of its subsidiaries or affiliates
does business) in (A) a business in competition with the retail, catalog, or on-line sale of athletic footwear, athletic apparel,
and sporting goods conducted by the Company or any of its subsidiaries or affiliates (the “Athletic Business”) or (B)
a business that in the prior fiscal year supplied product to the Company or any of its subsidiaries or affiliates for the Athletic
Business having a value of $20 million or more at cost to the Company or any of its subsidiaries or affiliates; provided, however,
that (X) such participation shall not include the mere ownership of not more than 1 percent of the total outstanding stock of a
publicly traded company or (Y) the performance of services for any enterprise to the extent such services are not performed, directly
or indirectly, for a business in competition with the Athletic Business or for a business which supplies product to the Control
Group for the Athletic Business shall not be considered a business in competition with any business conducted by the Company; or

 

(b) the intentional recruiting, soliciting
or inducing of any employee or

    	 

    	

    

employees of the Company or any of its subsidiaries or affiliates
to terminate their employment with, or otherwise cease their relationship with, the Company or any of its subsidiaries or affiliates
where such employee or employees do in fact so terminate their employment.

 

5.2 “Non-Competition Period.”
As used herein, “Non-Competition” Period means: the period commencing                        and ending on                       , or any
part thereof, during which the Executive is employed by the Control Group and (ii) if the Executive’s employment with the
Control Group terminates for any reason during such period, the two-year period commencing on the date his employment with the
Control Group terminates. Notwithstanding the foregoing, the Non-Competition Period shall not extend beyond the date the Executive’s
employment with the Control Group terminates if such termination of employment occurs following a “Change in Control”
as defined in Attachment A hereto.

 

5.3 Breach of Non-Competition Provision.
The Executive agrees that the breach by him of the provisions included herein under Section 5 under the heading “Non-Competition”
(the “Non-Competition Provision”) would result in irreparable injury and damage to the Company for which the Company
would have no adequate remedy at law. The Executive therefore agrees that in the event of a breach or a threatened breach of the
Non-Competition Provision, the Company shall be entitled to (i) an immediate injunction and restraining order to prevent such breach,
threatened breach, or continued breach, including by any and all persons acting for or with him, without having to prove damages
and (ii) any other remedies to which the Company may be entitled at law or in equity. The terms of this paragraph shall not prevent
the Company from pursuing any other available remedies for any breach or threatened breach of the Non-Competition Provision, including,
but not limited to, recovery of damages. In addition, in the event of the Executive’s breach of the Non-Competition Provision,
the shares of Restricted Stock covered by this Agreement that are then unvested shall be immediately forfeited. The Executive and
the Company further agree that the Non-Competition Provision is reasonable and that the Company would not have granted the award
of Restricted Stock provided for in this Agreement but for the inclusion of the Non-Competition Provision herein. If any provision
of the Non-Competition Provision is found by any court of competent jurisdiction to be unenforceable because it extends for too
long a period of time or over too great a range of activities or in too broad a geographic area, it shall be interpreted to extend
over the maximum period of time, range of activities, or geographic area as to which it may be enforceable. The validity, construction,
and performance of the Non-Competition Provision shall be governed by the laws of the State of New York without regard to its conflicts
of laws principles. For purposes of the Non-Competition Provision, the Executive and the Company consent to the jurisdiction of
state and federal courts in New York County.

 

6. Not an Employment Agreement.
The issuance of the shares of Restricted Stock hereunder does not constitute an agreement by the Company to continue to employ
the Executive during the entire, or any portion of the, term of this Agreement, including but not limited to any period during
which the Restricted Stock is outstanding.

 

7. Power of Attorney. The Company,
its successors and assigns, is hereby appointed the attorney-in-fact, with full power of substitution, of the Executive for the
purpose of carrying out the provisions of this Agreement and taking any action and executing any instruments which

    	 

    	

    

such attorney-in-fact may deem necessary or advisable to accomplish
the purposes hereof, which appointment as attorney-in-fact is irrevocable and coupled with an interest. The Company, as attorney-in-fact
for the Executive, may, in the name and stead of the Executive, make and execute all conveyances, assignments and transfers of
the Restricted Stock, shares and property provided for herein, and the Executive hereby ratifies and confirms all that the Company,
as said attorney-in-fact, shall do by virtue hereof. Nevertheless, the Executive shall, if so requested by the Company, execute
and deliver to the Company all such instruments as may, in the judgment of the Company, be advisable for the purpose.

 

8. Miscellaneous.

 

8.1  This Agreement shall inure to the
benefit of and be binding upon all parties hereto and their respective heirs, legal representatives, successors and assigns.

 

8.2  This Agreement constitutes the entire
agreement between the parties and cannot be changed or terminated orally. No modification or waiver of any of the provisions hereof
shall be effective unless in writing and signed by the party against whom it is sought to be enforced.

 

8.3  This Agreement may be executed in
one or more counterparts, all of which taken together shall constitute one contract.

 

8.4  The failure of any party hereto at
any time to require performance by another party of any provision of this Agreement shall not affect the right of such party to
require performance of that provision, and any waiver by any party of any breach of any provision of this Agreement shall not be
construed as a waiver of any continuing or succeeding breach of such provision, a waiver of the provision itself, or a waiver of
any right under this Agreement.

 

8.5 This Agreement is subject, in all
respects, to the provisions of the Plan, and to the extent any provision of this Agreement contravenes or is inconsistent
with any provision of the Plan, the provisions of the Plan shall govern.

 

8.6  The headings of the sections of this
Agreement have been inserted for convenience of reference only and shall in no way restrict or modify any of the terms or provisions
hereof.

 

8.7 This
Agreement shall be subject to any compensation recoupment policy that the Company may adopt.

 

8.8  All notices, consents, requests,
approvals, instructions and other communications provided for herein shall be in writing and validly given or made when delivered,
or on the second succeeding business day after being mailed by registered or certified mail, whichever is earlier, to the persons
entitled or required to receive the same, at, in the case of the Company, the address set forth at the heading of this Agreement
and, in the case of the Executive, his principal residence address as shown in the records of the Company, or to such

    	 

    	

    

other address as either party may designate by like notice.
Notices to the Company shall be addressed to the General Counsel.

 

8.9  This Agreement shall be governed
and construed and the legal relationships of the parties determined in accordance with the internal laws of the State of New York.

 

8.10 To indicate your acceptance of the
terms of this Restricted Stock Award Agreement, you must sign and deliver or mail not later than 60 days from the date hereof,
a copy of this Agreement to the General Counsel of the Company at the address provided in the heading of this Agreement.

 

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

 

	 	FOOT LOCKER, INC.	 
	 	 	 	 
	 	By:	 	 
	 	 	 	 
	 	 	 	 
	 	 	Executive	 

    	 

    	

    

APPENDIX A

 

Change in Control

 

A Change in Control shall mean any of the following:

 

(A)  the consummation of a merger or consolidation
of Foot Locker with, or the sale or disposition of all or substantially all of the assets of Foot Locker to, any Person other than
(a) a merger or consolidation which would result in the voting securities of Foot Locker outstanding immediately prior thereto
continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving or parent
entity) fifty percent (50%) or more of the combined voting power of the voting securities of Foot Locker or such surviving or parent
entity outstanding immediately after such merger or consolidation; or (b) a merger or capitalization effected to implement a recapitalization
of Foot Locker (or similar transaction) in which no Person is or becomes the beneficial owner, directly or indirectly (as determined
under Rule 13d-3 promulgated under the Exchange Act), of securities representing more than the amounts set forth in (B) below;

 

(B)  the acquisition of direct or indirect
beneficial ownership (as determined under Rule 13d-3 promulgated under the Exchange Act), in the aggregate, of securities of
Foot Locker representing thirty-five percent (35%) or more of the total combined voting power of Foot Locker’s then issued
and outstanding voting securities by any Person (other than Foot Locker or any of its subsidiaries, any trustee or other fiduciary
holding securities under any employee benefit plan of Foot Locker, or any company owned, directly or indirectly, by the shareholders
of Foot Locker in substantially the same proportions as their ownership of Stock) acting in concert; or

 

(C)  during any period of not more than
twelve (12) months, individuals who at the beginning of such period constitute the Board, and any new director whose election by
the Board or nomination for election by Foot Locker’s shareholders was approved by a vote of at least two-thirds (2⁄3)
of the directors then still in office who either were directors at the beginning of the period or whose election or nomination
for election was previously so approved, cease for any reason to constitute at least a majority thereof.Exhibit
10.2

 

RESTRICTED STOCK UNIT AWARD AGREEMENT

 

Long-Term Incentive Compensation Award

 __________________ Performance Period

 

This Restricted Stock Unit Award Agreement
(the “Agreement”) made under the Foot Locker 2007 Stock Incentive Plan (the “Plan”) as of the  __________________,
20___ by and between Foot Locker, Inc., a New York corporation with its principal office located at 112 West 34th Street,
New York, New York 10120 (the “Company”) and __________________.

 

1. General.
As a participant in the Company’s long-term incentive compensation program for the __________________ Performance Period which covers
the fiscal years beginning __________  and __________________ (the “Performance Period”), you were granted an additional long-term
incentive award that will be payable following the end of the Performance Period, provided the performance goals set by the Compensation
and Management Resources Committee (the “Compensation Committee”) of the Board of Directors of the Company on __________________
for the Performance Period are achieved. The award is payable as follows: 50 percent of the award is payable in cash under the
Long-Term Incentive Compensation Plan (the “LTIP”), and 50 percent of the award is payable in restricted stock units
(“RSUs”) under the Plan as provided herein. The RSUs are intended to constitute “Other Stock-Based Awards”
under the Plan. Each RSU represents the right to receive one share of the Company’s Common Stock, par value $.01 per share
(“Common Stock”), upon the satisfaction of the terms and conditions set forth in this Agreement and the Plan.

 

This Agreement sets forth the terms and conditions
with regard to the portion of your long-term award that is payable in RSUs. You have been granted an additional __________________ RSUs,
subject to the conditions set forth herein. Unless otherwise indicated, any capitalized term used but not defined herein shall
have the meaning ascribed to such term in the Plan.

 

2. Earning
of RSUs. Subject to the terms and conditions of the Plan and this Agreement, you shall be entitled to receive, for each RSU
earned in accordance with this Section 2 and Appendix A hereto, one share of Common Stock. You shall earn the number of RSUs set
forth above for achievement at the maximum performance goal as specified in Appendix A attached hereto, subject to adjustment for
achievement below the maximum performance goal in accordance with the provisions of Appendix A attached hereto. If the threshold
performance level set forth in Appendix A is not achieved, none of the RSUs granted to you shall be earned. The Compensation Committee
shall certify the level of achievement of the performance goals during the Company’s first fiscal quarter in ____________ and at such time shall determine the number of RSUs you are eligible to receive, subject to the provisions of Section 3 below.

 

3.
Vesting and Delivery.

 

(a) The
RSUs you are eligible to receive as described in Section 2 shall be

    	 

    	

    

subject to a one-year holding
period following the end of the Performance Period and shall become vested on __________  (the “Vesting Date”). Subject
to the terms of this Agreement and the Plan, shares of Common Stock equal to the number of RSUs you earn shall be delivered to
you as described below if you have been continuously employed by the Company or its subsidiaries within the meaning of Section
424 of the Code (the “Control Group”) until such Vesting Date.

 

(b) Other
than as specifically provided herein, there shall be no proportionate or partial vesting in the periods prior to the Vesting Date,
and all vesting shall occur only on the Vesting Date, subject to your continued employment with the Control Group as described
in Section 3(a).

 

(c) If
the Company terminates your employment without Cause or you terminate your employment for Good Reason upon or following a Change
in Control as defined in Appendix B hereto and such Change in Control occurs following the end of the Performance Period and the
certification by the Compensation Committee of the achievement of the performance goal, all unvested RSUs shall become immediately
vested and shall be paid in accordance with Section 3(f).

 

(d) If
the Company terminates your employment without Cause or you terminate your employment for Good Reason upon, or within twenty-four
(24) months following, a Change in Control as defined in Appendix B hereto and your Termination occurs prior to the end of the
Performance Period, or coincident with or following the end of the Performance Period and prior to the certification by the Compensation
Committee of the achievement of the performance goal, you shall be entitled to receive a pro rata portion of the RSUs that you
would have been entitled to receive based on the actual performance level achieved for any completed year in the Performance Period
and the achievement of a target performance level for the remainder of the Performance Period, as set forth in Appendix A, such
RSUs shall become immediately vested upon your Termination and shall be paid in accordance with Section 3(f). The pro rated portion
shall be determined by multiplying the number of RSUs you would have been entitled to receive if you had not incurred such Termination
by a fraction, the numerator of which is the number of days from __________  to the earlier of your date of Termination or the
last day of the Performance Period and the denominator of which is the total number of days in the Performance Period.

 

(e) In
the event of your Termination by reason of death, Disability (within the meaning of Code Section 409A(a)(2)(C)(i) or (ii)) or Retirement
prior to the Vesting Date, on the Vesting Date you (or in the event of your death, your estate) shall receive a pro rata portion
of the RSUs that you would have received if you had been employed by the Company on the Vesting Date, based on the actual level
of achievement of the performance goals set forth in Appendix A. The pro rated portion shall be determined by multiplying the number
of RSUs you would have been entitled to receive if you had not incurred such Termination by a fraction, the numerator of which
is the number of days from __________   to the date of your Termination and the denominator of which is the total number of days
in the Performance Period, and shall vest on the Vesting Date and shall be paid in accordance with Section 3(f).

    	 

    	

    

(f) Subject
to Section 8, the Company shall issue and deliver to you shares of the Company’s Common Stock equal to the number of vested
RSUs you earn within 30 days following the earlier of a Termination described in Section 3(d) or the Vesting Date.

 

4.
Forfeiture.

 

(a) Any
RSUs that are not earned in accordance with Section 2 or vested in accordance with Section 3 of this Agreement shall be forfeited
without compensation following the Compensation Committee’s certification of the goals for the Performance Period.

 

(b) Except
as expressly set forth in Section 3(e), in the event of your Termination prior to the Vesting Date or your breach of the Non-Competition
Provision in Section 10, all unvested RSUs shall be forfeited to the Company, without compensation.

 

5. Adjustments.
RSUs shall be subject to the adjustment provisions included in Section 5(e) of the Plan.

 

6.
Withholding. You agree that:

 

(a) No
later than the date on which any RSUs shall have become vested, you will pay to the Company, or make arrangements satisfactory
to the Company regarding payment (including through the withholding of shares from the award) of, any federal, state, international,
or local taxes of any kind required by law to be withheld with respect to any RSUs which shall have become so vested; and

 

(b) The
Company shall, to the extent permitted by law, have the right to deduct from any payment of any kind otherwise due to you any federal,
state, international or local taxes of any kind required by law to be withheld with respect to any RSUs which shall have become
so vested.

 

7. Special
Incentive Compensation. You agree that the award of the RSUs is special incentive compensation and that the RSUs will not be
taken into account as “salary” or “compensation” or “bonus” in determining the amount of any
payment under any pension, retirement or profit-sharing plan of the Company or any life insurance, disability or other benefit
plan of the Company, except as specifically provided in any such plan.

 

8. Delivery
Delay. Notwithstanding anything herein, the delivery of any shares of Common Stock for vested RSUs may be postponed by the
Company for such period as may be required for it to comply with any applicable federal or state securities law, or any national
securities exchange listing requirements and the Company is not obligated to issue or deliver any securities if, in the opinion
of counsel for the Company, the issuance of such shares shall constitute a violation by you or the Company of any provisions of
any law or of any regulations of any governmental authority or any national securities exchange.

 

9. Restriction
on Transfer of RSUs. You shall not sell, negotiate, transfer, pledge, hypothecate, assign or otherwise dispose of the RSUs.
Any attempted sale, negotiation, transfer,

    	 

    	

    

pledge, hypothecation, assignment or other disposition of the
RSUs or unvested shares in violation of the Plan or this Agreement shall be null and void.

 

10. Non-Competition.

 

(a) Competition.
By accepting this award of RSUs, as provided below, you agree that during the “Non-Competition Period” you will
not engage in “Competition” with the Control Group. As used herein, “Competition” means:

 

(i) participating, directly or indirectly,
as an individual proprietor, stockholder, officer, employee, director, joint venturer, investor, lender, or in any capacity whatsoever
within the United States of America or in any other country where any of your former employing members of the Control Group does
business, in (A) a business in competition with the retail, catalog, or on-line sale of athletic footwear, athletic apparel and
sporting goods conducted by the Control Group (the “Athletic Business”), or (B) a business that in the prior fiscal
year supplied product to the Control Group for the Athletic Business having a value of $20 million or more at cost to the Control
Group; provided, however, that such participation shall not include (X) the mere ownership of not more than 1 percent of the total
outstanding stock of a publicly held company; (Y) the performance of services for any enterprise to the extent such services are
not performed, directly or indirectly, for a business in competition with the Athletic Business or for a business which supplies
product to the Control Group for the Athletic Business; or (Z) any activity engaged in with the prior written approval of the Chief
Executive Officer of the Company; or

 

(ii) intentionally recruiting, soliciting
or inducing, any employee or employees of the Control Group to terminate their employment with, or otherwise cease their relationship
with the former employing members of the Control Group where such employee or employees do in fact so terminate their employment.

 

(b) “Non-Competition
Period”. As used herein, “Non-Competition Period” means: the period commencing __________________ and ending
on the Vesting Date, or any part thereof, during which you are employed by the Control Group and (ii) if your employment with the
Control Group terminates for any reason during such period, the two-year period commencing on the date your employment with the
Control Group terminates. Notwithstanding the foregoing, the Non-Competition Period shall not extend beyond the date your employment
with the Control Group terminates if such termination of employment occurs following a “Change in Control” as defined
in Attachment B hereto.

 

(c) Breach
of Non-Competition Provision. You agree that your breach of the provisions included herein under Section 10 under the heading
“Non-Competition” (the “Non-Competition Provision”) would result in irreparable injury and damage to the
Company for which the Company would have no adequate remedy at law. You agree, therefore, that in the event of a breach or a threatened
breach of the Non-Competition Provision, the Company shall be entitled to (i) an immediate injunction and restraining order to
prevent such breach, threatened breach, or continued breach, including by any and all persons acting for or with you, without having
to prove damages, and (ii) any other remedies to which the Company may be entitled at

    	 

    	

    

law or in equity. The terms of this paragraph shall not prevent
the Company from pursuing any other available remedies for any breach or threatened breach of the Non-Competition Provision, including,
but not limited to, recovery of damages. In addition, in the event of your breach of the Non-Competition Provision, the RSUs covered
by this Agreement that are then unvested shall be immediately forfeited. You and the Company further agree that the Non-Competition
Provision is reasonable and that the Company would not have granted the award of RSUs provided for in this Agreement but for the
inclusion of the Non-Competition Provision herein. If any provision of the Non-Competition Provision is found by any court of competent
jurisdiction to be unenforceable because it extends for too long a period of time or over too great a range of activities or in
too broad a geographic area, it shall be interpreted to extend over the maximum period of time, range of activities, or geographic
area as to which it may be enforceable. The validity, construction, and performance of the Non-Competition Provision shall be governed
by the laws of the State of New York without regard to its conflicts of laws principles. For purposes of the Non-Competition Provision,
you and the Company consent to the jurisdiction of state and federal courts in New York County, New York.

 

11.
Not an Employment Agreement.

 

The award of RSUs hereunder does not constitute
an agreement by the Company to continue to employ you during the entire, or any portion of the, term of this Agreement, including
but not limited to any period during which the RSUs are outstanding.

 

12.
Miscellaneous.

 

(a)
In no event shall any dividend equivalents accrue or be paid on any RSUs.

 

(b) This
Agreement shall inure to the benefit of and be binding upon all parties hereto and their respective heirs, legal representatives,
successors and assigns.

 

(c) This
Agreement shall be subject to any compensation recoupment policy that the Company may adopt.

 

(d) This
Agreement constitutes the entire agreement between the parties and cannot be changed or terminated orally. No modification or waiver
of any of the provisions hereof shall be effective unless in writing and signed by the party against whom it is sought to be enforced.

 

(e) This Agreement may be executed in one
or more counterparts, all of which taken together shall constitute one contract.

 

(f) The failure of any party hereto at any
time to require performance by another party of any provision of this Agreement shall not affect the right of such party to require
performance of that provision, and any waiver by any party of any breach of any provision of this Agreement shall not be construed
as a waiver of any continuing or succeeding breach of such provision, a waiver of the provision itself, or a waiver of any right
under this Agreement.

    	 

    	

    

(g) This Agreement is subject, in all respects,
to the provisions of the Plan, and to the extent any provision of this Agreement contravenes or is inconsistent with any provision
of the Plan, the provisions of the Plan shall govern.

 

(h) The headings of the sections of this
Agreement have been inserted for convenience of reference only and shall in no way restrict or modify any of the terms or provisions
hereof.

 

(i) All notices, consents, requests, approvals,
instructions and other communications provided for herein shall be in writing and validly given or made when delivered, or on the
second succeeding business day after being mailed by registered or certified mail, whichever is earlier, to the persons entitled
or required to receive the same, at, in the case of the Company, the address set forth at the heading of this Agreement and, in
the case of you, your principal residence address as shown in the records of the Company, or to such other address as either party
may designate by like notice. Notices to the Company shall be addressed to the General Counsel.

 

(j) This Agreement shall be governed and
construed and the legal relationships of the parties determined in accordance with the laws of the State of New York without regard
to its conflicts of laws principles.

 

(k) Although the Company does not guarantee
the tax treatment of the RSUs, this Agreement is intended to comply with, or be exempt from, the applicable requirements of Code
Section 409A and shall be limited, construed and interpreted in accordance with such intent. Accordingly, in the event that you
are a “specified employee” within the meaning of Code Section 409A as of the date of your separation from service (as
determined pursuant to Code Section 409A and any procedure set by the Company), any award of RSUs payable as a result of such separation
from service shall be settled no earlier than the day following the six- month anniversary of your separation from service, or,
if earlier, your death.

 

(l) To indicate your acceptance of the terms
of this Agreement, you must sign and deliver or mail not later than 30 days following the date hereof a copy of this Agreement
to the Company at the address provided in the heading of this Agreement.

 

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

 

	 	 	FOOT LOCKER, INC.	 
	 	 	 	 	 
	 	 	By:	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	Executive	 

    	 

    	

    

APPENDIX B

 

Change in Control

 

A Change in Control shall mean any of the following:

 

(A) the consummation of a merger or consolidation
of Foot Locker with, or the sale or disposition of all or substantially all of the assets of Foot Locker to, any Person other than
(a) a merger or consolidation which would result in the voting securities of Foot Locker outstanding immediately prior thereto
continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving or parent
entity) fifty percent (50%) or more of the combined voting power of the voting securities of Foot Locker or such surviving or parent
entity outstanding immediately after such merger or consolidation; or (b) a merger or capitalization effected to implement a recapitalization
of Foot Locker (or similar transaction) in which no Person is or becomes the beneficial owner, directly or indirectly (as determined
under Rule 13d-3 promulgated under the Exchange Act), of securities representing more than the amounts set forth in (B) below;

 

(B) the acquisition of direct or indirect
beneficial ownership (as determined under Rule 13d-3 promulgated under the Exchange Act), in the aggregate, of securities of Foot
Locker representing thirty-five percent (35%) or more of the total combined voting power of Foot Locker’s then issued and
outstanding voting securities by any Person (other than Foot Locker or any of its subsidiaries, any trustee or other fiduciary
holding securities under any employee benefit plan of Foot Locker, or any company owned, directly or indirectly, by the shareholders
of Foot Locker in substantially the same proportions as their ownership of Stock) acting in concert; or

 

(C) during any period of not more than twelve
(12) months, individuals who at the beginning of such period constitute the Board, and any new director whose election by the Board
or nomination for election by Foot Locker’s shareholders was approved by a vote of at least two-thirds (2⁄3) of the directors
then still in office who either were directors at the beginning of the period or whose election or nomination for election was
previously so approved, cease for any reason to constitute at least a majority thereof.

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