Document:

TOYS "R" US, INC. EXHIBIT 10.4 June 14, 2005

Exhibit 10.4

 

  
  	
        AMENDMENT TO THE TOYS 'R' US, INC. SUPPLEMENTAL
        EXECUTIVE RETIREMENT PLAN

	 
	         
        WHEREAS, on March 17, 2005, the Company entered into an Agreement
        and Plan of Merger with Global Toys Acquisition, LLC, and Global Toys
        Acquisition Merger Sub, Inc. (the "Merger Agreement"); and
	 
	         
        WHEREAS, Section 6.15 of the Merger Agreement provides that at or
        prior to the Effective Time as defined in the Merger Agreement, the
        Company shall accelerate the vesting under and provide for the
        termination and, no later than fifteen (15) days following the Closing
        Date (as defined under the Merger Agreement), distribution of all
        amounts under the Toys "R" Us, Inc. Supplemental Executive
        Retirement Plan (the "Plan"); and
	 
	         
        WHEREAS, the Compensation and Organizational Development Committee
        of the Company wishes to amend the Plan to implement Section 6.15 of the
        Merger Agreement and for other purposes; and
	 
	         
        WHEREAS, pursuant to Article XI of the Plan, the Committee has
        authorized the following amendment to the Plan;
	 
	         
        NOW THEREFORE, the Plan is hereby amended as follows, effective as
        of the date indicated:
	 
	     1. There is hereby
        added a new Section 2.5A to read as follows:
	 
	         
        "2.5A     'Compensation' means
        Compensation as defined under the Savings Plan (which, as of the date of
        this Amendment, is defined in Section 1.08(a) of the Savings Plan, as
        most recently amended), except as provided in Section 5.5 regarding
        Disability."
	 
	     2. Section 2.12
        ("Eligible Earnings") is hereby amended by deleting from such
        Section the words "Total Compensation" and by substituting
        therefor the word "Compensation."
	 
	     3. Section 2.23
        (Total Compensation) is hereby deleted in its entirety.
	 
	     4. There is hereby
        added a new Article XIII to read as follows:
         

	 	"ARTICLE XIII

        ACCELERATED VESTING AND PLAN TERMINATION
      13.1     On March 17, 2005, the
      Company entered into an Agreement and Plan of Merger with Global Toys
      Acquisition, LLC, and Global Toys Acquisition Merger Sub, Inc. (the
      "Merger Agreement"). Section 6.15 of the Merger Agreement
      provides that at or prior to the Effective Time (as defined in the Merger
      Agreement), the Company shall accelerate the vesting under and provide for
      the termination and distribution of all amounts under the Plan.
      Accordingly, in order to give effect to the Merger Agreement, (i) as of
      the Effective Time, all accounts and contributions of any type whatsoever
      under the Plan shall become fully vested as of the Effective Time; and
      (ii) the Plan shall terminate as of the Effective Time and, as part of
      that termination, all accounts under the Plan shall be distributed to
      Participants hereunder (whether or not then in pay status) no later than
      15 days following the Closing Date (as defined under the Merger
      Agreement)."

    	
	 
	     5. This Amendment
        shall be effective as of the date indicated below. Except as amended
        herein, the Plan shall continue in full force and effect.
	 
	         
        IN WITNESS WHEREOF, the undersigned Officer of the Company has
        caused this instrument to be executed this 9th day of June, 2005.

  

 

  
	
                                          

	
                               

	
      

	
                                                  

	
                                          

	
                               

	
      

	
                                                  

	
                                          

	
                               

	
      

	
Toys “R” Us, Inc.

	
                                          

	
                               

	
      

	
(Registrant)                                      

	
                                          

	
                               

	
      

	
                                                  

	

	
                               

	
By:   

	
/s/ Deborah M. Derby       

	
                                          

	
                               

	
Name:   

	
Deborah M. Derby

		
                               

	
Title:   

	
Executive Vice President -

		
                               

		
Human ResourcesTOYS "R" US, INC. EXHIBIT 10.5 June 14, 2005

Exhibit 10.5

 

  
  	
        AMENDMENT TO THE GRANTOR TRUST AGREEMENT FOR TOYS
        'R' US, INC. SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

	 
	         
        WHEREAS, the Company currently maintains the Grantor Trust Agreement
        for Toys "R" Us, Inc. Supplemental Executive Retirement Plan
        (the "Trust"); and
	 
	         
        WHEREAS, pursuant to Section 13(a) of the Agreement establishing the
        Trust (the "Trust Agreement"), the Trust Agreement may be
        amended by the Trustee and the Company, except to the extent prohibited
        by Section 14(c)(6) of the Trust Agreement; and
	 
	         
        WHEREAS, the only compensation plan that is currently funded by the
        Trust Agreement is the Toys "R" Us, Inc. Supplemental
        Executive Retirement Plan, and the Company wishes to amend the Trust
        Agreement to provide that the Toys "R" Us, Inc. Split Dollar
        Plan shall also be funded under the Trust Agreement; and
	 
	         
        WHEREAS, such amendment is not prohibited by Section 14(c)(6) of the
        Trust Agreement because as of the date of this Amendment, the Company
        has not experienced a Change in Control (as defined in the Trust
        Agreement);
	 
	         
        WHEREAS, pursuant to Section 13(a) of the Trust Agreement, the
        Compensation and Organizational Development Committee of the Board of
        Directors of the Company has authorized the following amendment to the
        Trust Agreement;
	 
	         
        NOW THEREFORE, the Plan is hereby amended as follows, effective as
        of the date indicated:
	 
	     1. The first recital in the
        Trust Agreement is hereby amended to read as follows:
	 
	         
        "WHEREAS, the Company has adopted the Toys "R" Us, Inc.
        Supplemental Executive Retirement Plan and the Toys "R" Us,
        Inc. Split Dollar Plan;"
	 
	     2. Each reference in the Trust
        Agreement to "the Plan", OTHER THAN the reference cited in
        paragraph 3 of this Amendment, shall be changed to read "each
        respective Plan."
	 
	     3. The ninth recital in the
        Trust Agreement is hereby changed to read as follows:
	 
	         
        "WHEREAS, Section 13(a) of the Original Trust Agreement provides
        that the Company may amend the Original Trust Agreement by written
        instrument, provided that the amendment does not conflict with the Toys
        "R" Us, Inc. Supplemental Executive Retirement Plan nor make
        the Trust revocable;"
	 
	     4. For purposes of Section 13(a)
        of the Trust Agreement, the Chief Executive Officer, Chief Financial
        Officer, and Executive Vice President-Human Resources shall be treated
        as delegates of the Company who are authorized to act on the Company's
        behalf in amending the Trust Agreement.
	 
	     5. This Amendment shall be
        effective as of the date indicated below. Except as amended herein, the
        Plan shall continue in full force and effect.
	 
	          IN
        WITNESS WHEREOF, the undersigned Officer of the Company has caused
        this instrument to be executed this 9th day of June, 2005.

  

 

  
	
                                          

	
                               

	
      

	
                                                  

	
                                          

	
                               

	
      

	
                                                  

	
                                          

	
                               

	
      

	
Toys “R” Us, Inc.

	
                                          

	
                               

	
      

	
(Registrant)                                      

	
                                          

	
                               

	
      

	
                                                  

	

	
                               

	
By:   

	
/s/ Deborah M. Derby       

	
                                          

	
                               

	
Name:   

	
Deborah M. Derby

		
                               

	
Title:   

	
Executive Vice President -

		
                               

		
Human Resources

		
		
 

		
		
 

		
		
WACHOVIA BANK, N.A. TRUSTEE

		
	
By:   

	
________________________________

		
	
Name:   

	
________________________________

		
	
Title:   

	
________________________________TOYS "R" US, INC. EXHIBIT 10.6 June 14, 2005

Exhibit 10.6

 

  
  	
        AMENDMENTS TO THE "TRU" PARTNERSHIP
        EMPLOYEES' SAVINGS AND PROFIT SHARING PLAN

	 
	         
        WHEREAS, Toys "R" Us, Inc. (the "Company")
        maintains the "TRU" Partnership Employees' Savings and Profit
        Sharing Plan ("the Plan") for the benefit of its eligible
        employees; and
	 
	         
        WHEREAS, pursuant to Section 8.02(a) of the Plan, the Company is
        authorized to amend the Plan; and
	 
	         
        WHEREAS, pursuant to and in exercise of the autonomy retained by the
        Company under Section 8.02 of the Plan, the Compensation and
        Organizational Development Committee of the Board of Directors of the
        Company, acting on behalf of the Company, has authorized the following
        amendment to the Plan;
	 
	         
        NOW THEREFORE, the Plan is hereby amended as follows, effective as
        of the date indicated:
	 
	     1. Effective as of
        February 1, 2005, Subparagraph (a) of Section 1.08 Compensation,
        Section 415 Compensation, Total Compensation is amended to read as
        follows:
	 
	         
        "(a)     "Compensation" shall mean
        all salaries and wages paid by an Employer to a Participant before any
        Savings Contributions are deducted hereunder pursuant to Section 3.01,
        including bonuses (other than project completion bonuses and retention
        or success bonuses), overtime pay, commissions and amounts that are
        reduced in accordance with salary or wage reduction authorization
        elections and contributed on behalf of Participants by an Employer to a
        "cafeteria plan," as that term is defined in Section 125 of
        the Code, pursuant to Section 125 of the Code, or any plan of deferred
        compensation. Notwithstanding the foregoing, "Compensation"
        does not include expense reimbursements, group life insurance premiums,
        contributions to this Plan (other than Savings Contributions) and any
        employer contributions to the Toys "R" Us Employee Stock
        Purchase Plan or any other like payments or benefits under this Plan or
        any other pension, profit sharing, stock option, stock purchase, welfare
        or similar plan, premiums on accident and health policies and medical
        reimbursements."
	 
	     2. Effective as of
        the date indicated in the Plan language set out below, Subparagraph (b)
        of Section 5.04 Determination of Benefits Upon Termination of
        Employment Other Than by Retirement Disability or Death is amended
        to read as follows:
	 
	         
        "(b)     A Participant who renders at least one
        (1) Hour of Service and who terminates employment for reasons other than
        Retirement, Disability or death shall have a nonforfeitable right in his
        Basic Contribution Account, valued as of the Valuation Date immediately
        preceding or coinciding with the date of distribution of the Account
        determined in accordance with the following schedule:
	 
		Number of Years of Service		Vested Interest	
		Under 5 years		None	
		5 or more years		100%	
	 
	On March 17, 2005, the Company entered into
        an Agreement and Plan of Merger with Global Toys Acquisition, LLC, and
        Global Toys Acquisition Merger Sub, Inc. (the "Merger
        Agreement"), which provided for certain amendments to this Plan. To
        give effect to the Merger Agreement, and notwithstanding anything to the
        contrary in this Section 5.04, any Participant who has at least four
        Years of Service as of the Effective Time (as defined in the Merger
        Agreement) shall be fully vested in his or her Basic Contribution
        Account as of the Effective Time; provided, however, this provision
        shall not apply to the extent that it causes the Plan or the Trust to
        fail to constitute a qualified plan or trust, as applicable, under
        Sections 401(a) and 501(a) of the Code."
	 
	     3. This Amendment
        shall be effective as of the date(s) indicated above. Except as amended
        herein, the Plan shall continue in full force and effect.
	 
	         
        IN WITNESS WHEREOF, the undersigned Officer of the Company has
        caused this instrument to be executed this 9th day of June, 2005.

  

 

  
	
                                          

	
                               

	
      

	
                                                  

	
                                          

	
                               

	
      

	
                                                  

	
                                          

	
                               

	
      

	
Toys “R” Us, Inc.

	
                                          

	
                               

	
      

	
(Registrant)                                      

	
                                          

	
                               

	
      

	
                                                  

	

	
                               

	
By:   

	
/s/ Deborah M. Derby       

	
                                          

	
                               

	
Name:   

	
Deborah M. Derby

		
                               

	
Title:   

	
Executive Vice President -

		
                               

		
Human Resources

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