Document:

EX-10.1

 Exhibit 10.1 

PURCHASE AGREEMENT 
 This
PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of December 9, 2014 by and among TechTarget, Inc., a Delaware corporation (the “Company”), TCV V, L.P. (“TCV”) and TCV Member Fund, L.P.
(“TCVMF and collectively with TCV, “Sellers”). 
 WHEREAS, Sellers directly own shares of the issued and outstanding common
stock, par value $0.001 per share, of the Company (“Company Shares”); 
 WHEREAS, Sellers desire to sell, and the Company desires
to purchase, free and clear of any and all Liens (as defined herein), an aggregate of 1,000,000 Company Shares for an aggregate purchase price as set forth in Section 1.2 herein; and 

NOW, THEREFORE, in consideration of the foregoing premises and the covenants, agreements and representations and warranties contained herein,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 ARTICLE I 

PURCHASE AND SALE; CLOSING 

Section 1.1 Purchase and Sale. Upon the terms and subject to the conditions of this Agreement, each Seller agrees, severally and
not jointly, to sell, convey, assign, transfer and deliver to the Company that number of Company Shares set forth opposite such Seller’s name on Exhibit A attached hereto (the “Purchased Shares”), and the Company agrees to
purchase the Purchased Shares to be purchased from such Seller at the Per Share Purchase Price (as defined below), free and clear of any and all mortgages, pledges, encumbrances, liens, security interests, options, charges, claims, deeds of trust,
deeds to secure debt, title retention agreements, rights of first refusal or offer, limitations on voting rights, proxies, voting agreements, limitations on transfer or other agreements or claims of any kind or nature whatsoever, other than those
imposed by applicable federal and state securities laws (collectively, “Liens”). 
 Section 1.2 Purchase Price. Upon
the terms and subject to the conditions of this Agreement, in consideration of the aforesaid sale, conveyance, assignment, transfer and delivery to the Company of the Purchased Shares, the Company shall pay to each Seller for each Purchased Share to
be purchased from such Seller a price per Purchased Share of $9.797 (the “Per Share Purchase Price”), for an aggregate purchase price of $9,797,000 (the “Aggregate Purchase Price”), in cash. 

Section 1.3 Expenses. Except as expressly set forth in this Agreement, all fees and expenses incurred by each party hereto in
connection with the matters contemplated by this Agreement shall be borne by the party incurring such fee or expense, including without limitation the fees and expenses of any investment banks, attorneys, accountants or other experts or advisors
retained by such party. 

 Section 1.4 Closing. The consummation of the transactions contemplated by this
Agreement (the “Closing”) shall take place on December 10, 2014 or such other date as the parties agree (the “Closing Date”), provided that the obligations of Sellers and the Company to consummate the transactions
contemplated by this Agreement shall be conditioned upon there being no injunction or other order, judgment, law, regulation, decree or ruling or other legal restraint or prohibition having been issued, enacted or promulgated by a court or other
governmental authority of competent jurisdiction that would have the effect of prohibiting or preventing the consummation of the transactions contemplated hereunder. 

Section 1.5 Closing Delivery. 

(a) At or prior to the Closing Date, in accordance with Section 1.1 hereof, Sellers shall deliver or cause to be delivered to
Computershare Trust Company, N.A. (“Computershare”), at an address to be designated in writing by the Company, the certificates representing the Purchased Shares to be purchased on the Closing Date, duly and validly endorsed or accompanied
by stock powers duly and validly executed in blank and sufficient to convey to the Company good, valid and marketable title in and to such Purchased Shares, free and clear of any and all Liens. At the election of Sellers, Sellers may, in lieu of
delivering certificates representing the Purchased Shares to be sold thereby, cause its broker(s) to deliver the applicable Purchased Shares to Computershare through the facilities of the Depository Trust Company’s DWAC system. In the event of
such an election, the Company shall deliver a letter to Computershare, in a form reasonably acceptable to Computershare, which letter shall include the broker name, phone number and number of Purchased Shares to be so transferred, instructing
Computershare to accept the DWAC. Upon consummation of this Agreement, the Company shall cause Computershare to issue a new stock certificate to the Sellers representing the balance of the Sellers’s unpurchased shares represented by
certificates delivered to Computershare by the Sellers. 
 (b) On the Closing Date, upon confirmation from Computershare that all documents
have been delivered in accordance with Section 1.1 and Section 1.5(a) hereof, the Company shall deliver or cause to be delivered to each Seller the Aggregate Purchase Price to be paid to such Seller as set forth on Exhibit
A attached hereto, by wire transfer of immediately available funds to the account or accounts designated by each Seller in writing. 

(c) Each party hereto further agrees to execute and deliver such other instruments as shall be reasonably requested by a party hereto to
consummate the transactions contemplated by this Agreement. 
 ARTICLE II 

COVENANTS 

Section 2.1 Public Filings. Promptly following the date hereof, Sellers shall cause to be filed with the Securities and Exchange
Commission an amendment to their most 

  
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recent Schedule 13D filing, and prior to filing will provide the Company and its counsel a reasonable opportunity to review and comment upon such amendment. Promptly following the date hereof,
Sellers shall cause to be filed with the Securities and Exchange Commission a Form 4 reflecting the sale of the Purchased Shares, and prior to filing will provide the Company and their counsel a reasonable opportunity to review and comment upon such
amendment. 
 ARTICLE III 

REPRESENTATIONS AND WARRANTIES OF SELLERS 

Each Seller hereby makes, severally with respect to itself only and not with respect to any other such party, the following representations
and warranties to the Company: 
 Section 3.1 Existence; Authority. Such Seller, as applicable, is duly organized, validly
existing and in good standing under the laws of the jurisdiction of its organization. Such Seller, as applicable, has all requisite power and authority to execute and deliver this Agreement, to perform its obligations hereunder and thereunder and to
consummate the transactions contemplated hereby and thereby and has taken all necessary action to authorize the execution, delivery and performance of this Agreement. 

Section 3.2 Enforceability. This Agreement has been duly and validly executed and delivered by such Seller, and, assuming due and
valid authorization, execution and delivery by the Company, this Agreement will constitute the legal, valid and binding obligation of such Seller, as applicable, enforceable against such person in accordance with its terms, except as such
enforceability may be affected by bankruptcy, insolvency, moratorium and other similar laws relating to or affecting creditors’ rights generally and general equitable principles. 

Section 3.3 Ownership. Each Seller is the respective beneficial owner of the Purchased Shares, free and clear of any and all
Liens. Each Seller has full power and authority to transfer full legal ownership of its respective Purchased Shares to the Company, and such Seller is not required to obtain the approval of any person or governmental agency or organization to effect
the sale of the Purchased Shares. 
 Section 3.4 Good Title Conveyed. All Purchased Shares sold by Sellers hereunder shall be
free and clear of any and all Liens and good, valid and marketable title to such Purchased Shares will effectively vest in the Company at the Closing. 

Section 3.5 Absence of Litigation. There is no suit, action, investigation or proceeding pending or, to the knowledge of such
Seller, threatened against such Seller that could impair the ability of Sellers, to perform its obligations hereunder or to consummate the transactions contemplated hereby. 

Section 3.6 Other Acknowledgements. Each Seller represents, severally with respect to itself only and not with respect to any
other such party, that it is a sophisticated investor. Each Seller further represents, severally with respect to itself only and not with respect to any other such party, that it has adequate information concerning the business and financial
condition of the Company to make an informed decision regarding the sale of the Purchased Shares and has, independently and without reliance upon the Company, made its own analysis 

  
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and decision to sell the Purchased Shares. Each Seller acknowledges, severally with respect to itself only and not with respect to any other such party, that none of the Company or any of their
respective directors, officers, subsidiaries or Affiliates has made or makes any representations or warranties, whether express or implied, of any kind except as expressly set forth in this Agreement. Each Seller represents, severally with respect
to itself only and not with respect to any other party, that (i) it is a sophisticated investor and (ii) the sale of the applicable Purchased Shares by Sellers was (x) privately negotiated in an independent transaction and
(y) does not violate any rules or regulations applicable to such Seller. 
 ARTICLE IV 

REPRESENTATIONS AND WARRANTIES OF 

THE COMPANY 
 The Company
makes the following representations and warranties to Sellers: 
 Section 4.1 Existence; Authority. The Company is a corporation
duly organized, validly existing and in good standing under the laws of the State of Delaware. The Company has all requisite corporate power and authority to execute and deliver this Agreement to perform its obligations hereunder and thereunder and
to consummate the transactions contemplated hereby and thereby and has taken all necessary corporate action to authorize the execution, delivery and performance of this Agreement. 

Section 4.2 Enforceability. This Agreement has been duly and validly executed and delivered by the Company and, assuming due and
valid authorization, execution and delivery by Sellers, this Agreement constitutes the legal, valid and binding obligation of the Company, enforceable against it in accordance with its terms, except as such enforceability may be affected by
bankruptcy, insolvency, moratorium and other similar laws relating to or affecting creditors’ rights generally and general equitable principles. 

Section 4.3 Absence of Litigation. There is no suit, action, investigation or proceeding pending or, to the knowledge of the
Company, threatened against such party that could impair the ability of the Company to perform its obligations hereunder or to consummate the transactions contemplated hereby. 

Section 4.4 Other Acknowledgments. The purchase of the Purchased Shares by the Company was privately negotiated in an independent
transaction. The execution, delivery and performance of this Agreement, and the consummation of the transactions contemplated hereby will not result in a violation of, or default under, the Certificate of Incorporation or By-laws of the Company or
any law, rules, regulation instrument, judgment, order, writ, decree or contract known to the Company to which the Company or any of the material assets of the Company are subject, including, but not limited to, Section 160 of the Delaware
General Corporation Law or the Company’s policies and procedures regarding “related party” transactions. 

  
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 ARTICLE V 

CONDITIONS TO CLOSING 

Section 5.1 Conditions of Company’s Obligations at Closing. The obligations of the Company under Article I of this
Agreement are subject to the fulfillment on or before the Closing of each of the following conditions: 
 (a) Representations and
Warranties. The representations and warranties of the Sellers contained in Article III shall be true on and as of the Closing with the same effect as though such representations and warranties had been made on and as of the date of
the Closing. 
 (b) Performance. Each Seller shall have performed and complied in all material respects with all agreements,
obligations and conditions contained in this Agreement that are required to be performed or complied with by it on or before the Closing. 

(c) Qualifications. All authorizations, approvals or permits, if any, of any governmental authority or regulatory body of the United
States or of any state that are required in connection with the lawful purchase of the Purchased Shares pursuant to this Agreement shall be duly obtained and effective as of the Closing. 

Section 5.2 Conditions of Sellers’ Obligations at Closing. The obligations of the Sellers under Article I of this
Agreement are subject to the fulfillment on or before the Closing of each of the following conditions: 
 (a) Representations and
Warranties. The representations and warranties of the Company contained in Article IV shall be true on and as of the Closing with the same effect as though such representations and warranties had been made on and as of the date of
the Closing. 
 (b) Payment of Purchase Price; Performance. The Company shall have delivered the Aggregate Purchase Price as
specified in Section 1.2, and the Company shall have performed and complied in all material respects with all other agreements, obligations and conditions contained in this Agreement that are required to be performed or complied with by
the Company on or before the Closing. 
 (c) Qualifications. All authorizations, approvals, or permits, if any, of any governmental
authority or regulatory body of the United States or of any state that are required in connection with the lawful purchase of the Purchased Shares pursuant to this Agreement shall be duly obtained and effective as of the Closing. 

ARTICLE VI 
 MISCELLANEOUS

 Section 6.1 Survival. Each of the representations, warranties, covenants, and agreements in this Agreement or pursuant
hereto shall survive the Closing. Notwithstanding any 

  
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knowledge of facts determined or determinable by any party by investigation, each party shall have the right to fully rely on the representations, warranties, covenants and agreements of the
other parties contained in this Agreement or in any other documents or papers delivered in connection herewith. Each representation, warranty, covenant and agreement of the parties contained in this Agreement is independent of each other
representation, warranty, covenant and agreement. Except as expressly set forth in this Agreement, no party has made any representation warranty, covenant or agreement. 

Section 6.2 Notices. All notices, requests, claims, demands and other communications hereunder shall be in writing and shall be
given (and shall be deemed to have been duly given if so given) by hand delivery, cable, telecopy or mail (registered or certified, postage prepaid, return receipt requested) to the respective parties hereto addressed as follows: 

If to the Company: 
 TechTarget,
Inc. 
 275 Grove Street 

Newton, Massachusetts 02466 

Attention: Jane E. Freedman 

Email: jfreedman@techtarget.com 

Facsimile: (617) 431-9205 

With a copy to: 
 WilmerHale

 60 State Street 
 Boston,
MA 02109 
 Attention: Mark G. Borden 

Email: mark.borden@wilmerhale.com 

Facsimile: (617) 526-5000 
 If to any
Seller: 
 Technology Crossover Ventures 

528 Ramona Street 
 Palo Alto,
CA 94301 
 Attn: Ric Fenton 

Email: rfenton@tcv.com 

Facsimile: (650) 475-1237 

With a copy to: 
 Gunderson
Dettmer Stough Villeneuve Franklin & Hachigian, LLP 
 One Marina Park Drive 

Suite 900 
 Boston, MA 02210

			
	Attention:	 	Richard R. Hesp
		 	Keith J. Scherer

			
	Email:	 	rhesp@gunder.com
		 	kscherer@gunder.com

			
	Facsimile:	 	(617) 648-9199

  
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 Section 6.3 Certain Definitions. As used in this Agreement, (a) the term
“Affiliate” shall have the meaning set forth in Rule 12b-2 under the Securities Exchange Act of 1934, as amended, and shall include persons who become Affiliates of any person subsequent to the date hereof; and (b) the Company
and each Seller are referred to herein individually as a “party” and collectively as “parties.” 
 Section 6.4
Specific Performance. The Company, on the one hand, and Sellers, on the other hand, acknowledge and agree that the other would be irreparably injured by a breach of this Agreement and that money damages are an inadequate remedy for an actual
or threatened breach of this Agreement. Accordingly, the parties agree to the granting of specific performance of this Agreement and injunctive or other equitable relief as a remedy for any such breach or threatened breach, without proof of actual
damages, and further agree to waive any requirement for the securing or posting of any bond in connection with any such remedy. Such remedy shall not be deemed to be the exclusive remedy for a breach of this Agreement, but shall be in addition to
all other remedies available at law or equity. 
 Section 6.5 No Waiver. Any waiver by any party hereto of a breach of any
provision of this Agreement shall not operate as or be construed to be a waiver of any other breach of such provision or of any breach of any other provision of this Agreement. The failure of a party hereto to insist upon strict adherence to any
term of this Agreement on one or more occasions shall not be considered a waiver or deprive that party of the right thereafter to insist upon strict adherence to that term or any other term of this Agreement. 

Section 6.6 Severability. If any term, provision, covenant or restriction of this Agreement is held by a court of competent
jurisdiction or other authority to be invalid or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated by
such holding. The parties agree that the court making any such determination of invalidity or unenforceability shall have the power to reduce the scope, duration or area of, delete specific words or phrases in, or replace any such invalid or
unenforceable provision with one that is valid and enforceable and that comes closest to expressing the intention of such invalid or unenforceable provision, and this Agreement shall be enforceable as so modified after the expiration of the time
within which the judgment may be appealed. 
 Section 6.7 Successors and Assigns. This Agreement shall be binding upon and inure
to the benefit of the parties hereto and their respective successors and assigns; provided that this Agreement (and any of the rights, interests or obligations of any party hereunder) may not be assigned by any party without the prior written
consent of the other parties hereto (such consent not to be unreasonably withheld) except as set forth in Section 1.5(a). Any purported assignment of a party’s rights under this Agreement in violation of the preceding sentence shall
be null and void. 

  
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 Section 6.8 Entire Agreement; Amendments. This Agreement constitutes the entire
agreement between the parties with respect to the subject matter hereof and supersedes all other prior agreements and understandings, both written and oral, among the parties with respect to the subject matter hereof and, except as expressly set
forth herein, is not intended to confer upon any person other than the parties hereto any rights or remedies hereunder. This Agreement may be amended only by a written instrument duly executed by the parties hereto or their respective permitted
successors or assigns. 
 Section 6.9 Headings. The section headings contained in this Agreement are for reference purposes only
and shall not affect in any way the meaning or interpretation of this Agreement. 
 Section 6.10 Governing Law. This Agreement
shall be governed by and construed and enforced in accordance with the laws of the State of Delaware, without giving effect to choice of law principles thereof that would cause the application of the laws of any other jurisdiction 

Section 6.11 Submission to Jurisdiction. Each of the parties irrevocably submits to the exclusive jurisdiction and service and
venue in any federal or state court sitting in the State of Delaware for the purposes of any action, suit or proceeding arising out of or with respect to this Agreement. Each of the parties irrevocably and unconditionally waives any objections to
the laying of venue of any action, suit or proceeding relating to this Agreement in any federal or state court sitting in the State of Delaware, and hereby further irrevocably and unconditionally waives and agrees not to plead or claim in any such
court that any such action, suit or proceeding brought in any such court has been brought in an inconvenient forum. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES THE RIGHT TO A TRIAL BY JURY. 

Section 6.12 Counterparts; Facsimile. This Agreement may be executed in counterparts, including by facsimile or PDF electronic
transmission, each of which shall be deemed an original, but all of which together shall constitute one and the same Agreement. 

Section 6.13 Further Assurances. Upon the terms and subject to the conditions of this Agreement, each of the parties hereto agrees
to execute such additional documents, to use commercially reasonable efforts to take, or cause to be taken, all actions, and to do, or cause to be done, and to assist and cooperate with the other parties in doing, all things necessary, proper or
advisable to consummate or make effective, in the most expeditious manner practicable, the transactions contemplated by this Agreement. 

Section 6.14 Interpretation. The parties acknowledge and agree that this Agreement has been negotiated at arm’s length and
among parties equally sophisticated and knowledgeable in the matters covered hereby. Accordingly, any rule of law or legal decision that would require interpretation of any ambiguities in this Agreement against the party that has drafted it is not
applicable and is hereby waived. 
 [SIGNATURE PAGES FOLLOW] 

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

			
	TECHTARGET, INC.
		
	By:	 	 /s/ Jane E. Freedman

		
	Name:	 	 Jane E. Freedman

		
	Title:	 	 Vice President & General Counsel

	
	TCV V, L.P.
		
	By:	 	Technology Crossover Management V, L.L.C.
		
	Its:	 	General Partner
		
	By:	 	 /s/ Frederic D. Fenton

		
	Name:	 	 Frederic D. Fenton

		
	Title:	 	 Attorney in Fact

	
	TCV MEMBER FUND, L.P.,
	A Cayman Islands exempted limited partnership,
	Acting by its general partners
	
	Technology Crossover Management V, L.L.C.
	A Cayman Islands exempted company
		
	By:	 	 /s/ Frederic D. Fenton

		
	Name:	 	 Frederic D. Fenton

		
	Title:	 	 Attorney in Fact

 [signature page to Purchase Agreement] 

 Exhibit A 

Schedule of Sellers 
  

									
	 Seller
	  	Purchased Shares	 	  	Aggregate Purchase Price	 
	 TCV V, L.P.
	  	 	981,325	  	  	$	9,614,041.03	  
			
	 TCV MEMBER FUND, L.P.
	  	 	18,675	  	  	$	182,958.97	  
			
	 Total:
	  	 	1,000,000	  	  	$	9,797,000.00	  

  
 10EX-10.1

 Exhibit 10.1 

AMENDMENT NO. 2 

TO 
 EMPLOYMENT
AGREEMENT 
 This AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT (this “Amendment”) is made as of December 8, 2014 by
Burlington Coat Factory Warehouse Corporation, a Delaware corporation (the “Company”), Burlington Coat Factory Holdings, LLC, a Delaware limited liability company (“Parent”), Burlington Stores, Inc., a Delaware
corporation, and Thomas Kingsbury (“Executive”). 
 W I T N E S S E T H. 

WHEREAS, the Company, Parent (f/k/a Burlington Coat Factory Holdings, Inc., a Delaware corporation) and Executive entered into that certain
Employment Agreement, dated as of December 2, 2008, and amended on October 23, 2012 (the “Employment Agreement”) (capitalized terms used and not otherwise defined herein shall have the meanings given to such terms in the
Employment Agreement); and 
 WHEREAS, the parties hereto desire to amend the Employment Agreement as set forth herein. 

NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties agree as follows: 
  

	1.	Section 1 of the Employment Agreement is hereby amended by adding the following definitions thereto: 

“‘BSI’ shall mean Burlington Stores, Inc., a Delaware corporation.” 

“‘Retirement’ shall mean the voluntary termination of the Employment Period by Executive on or after July 1, 2019,
provided that Executive shall provide the Company with 180 days’ written notice prior to such Retirement.” 
  

	2.	Section 3(g) of the Employment Agreement is hereby amended by adding the following sentence to the end thereof: 

“Notwithstanding the foregoing, for each of May 2015, 2016, 2017, 2018, and 2019, Executive will receive a long-term equity award (each
such award, an “LTIP Award”) having a grant date fair value (as determined by the Compensation Committee of the Board of Directors in a manner consistent with respect to awards granted to other senior executives) equal to
(i) 450% of Executive’s Base Salary minus (ii) the Excess Value (as defined below). The form of, and terms and conditions applicable to, each LTIP Award shall be substantially similar to that of long-term equity awards made to the
Company’s senior executives for the applicable year; provided, that, in addition to the ordinary vesting terms provided therein, each LTIP Award will each be subject to the Special Vesting Conditions

 
(as defined below). For purposes herein, (A) the “Excess Value” means the product of A x B, where “A” equals the number of options granted pursuant to that certain
Non-Qualified Stock Option Agreement, dated as of June 17, 2013, by and between Executive and Burlington Holdings, Inc. (the “Options”) that will vest in the ordinary course during the 12-month period following the applicable
LTIP Award grant date, and “B” equals (x) $28.00 minus (y) the per share exercise price of the Options as determined at the time of vesting, and (B) “Special Vesting Conditions” means the following: (x) for
LTIP Awards that are subject solely to time based vesting conditions (“Time Awards”), (I) 100% of such Time Awards shall vest if Executive’s employment is terminated due to death, (II) a pro rata portion of the portion of
each Time Award that would vest on the next regular vesting date for such Time Award shall vest if Executive’s employment is terminated by the Company for a reason other than Cause, by Executive for Good Reason or due to his Disability (with
such pro-rated portion being equal to the portion of the period from the later of the date of grant of such Time Award or the last regular vesting date for such Time Award to such next regular vesting that occurs before the termination of the
Employment Period, and (III) 100% of such Time Awards shall vest if a termination described in clause (II) occurs following a Change in Control (as defined in the Burlington Stores, Inc. 2013 Omnibus Incentive Plan, as amended from time to time (the
“Plan”)) and (y) for LTIP Awards that are not subject solely to time based vesting conditions (“Performance Awards”), the vesting provisions described in clause (x), above, shall also be applied, but the
portion of the Performance Awards that would otherwise vest pursuant to clause (x) shall vest only to the extent the applicable performance vesting conditions have been achieved at the end of the applicable performance periods (so that no
vesting shall occur under this clause (y) until the end of the applicable performance period).” 
  

	3.	Section 3 of the Employment Agreement is hereby amended by adding the following Section 3(l) to the end thereof: 

“As soon as is reasonably practicable (but no later than thirty (30) days following the execution of this amendment, BSI shall grant,
or cause to be granted to, Executive a one-time grant of 150,000 restricted stock units or 150,000 shares of restricted stock (as applicable, the “RSUs”) pursuant to the terms of an applicable equity plan of BSI or an applicable
subsidiary (the “Equity Plan”), which RSUs shall be subject to the terms of such Equity Plan and the relevant grant agreement. The RSUs will vest on the July 1, 2019, subject to Executive’s employment through such date;
provided, that: (A) if Executive’s employment is terminated (i) by the Company for a reason other than for Cause, (ii) by Executive for Good Reason or (iii) due to his Disability, the RSUs shall vest on a pro rata
basis (determined by multiplying the total number of RSUs by a fraction, the numerator of which is the number of full and fractional months that have passed since the execution of this amendment and the denominator of which is 56; provided that if
any such termination occurs following a Change in Control (as defined in the Plan), 100% of the RSUs shall immediately vest and (B) if Executive’s employment is terminated due to his death, 100% of the RSUs shall immediately vest.”

  
 2 

	4.	Section 3 of the Employment Agreement is hereby amended by adding the following Section 3(m) to the end thereof: 

“Beginning with 2014, Executive shall be paid a retention bonus amount of $225,000 on December 15 of each calendar year, subject to
Executive’s continued employment with the Company on such date.” 
  

	5.	The first sentence of Section 4(a) of the Employment Agreement is hereby amended by adding the following subsection (iii) to the end thereof: 

“or (iii) upon Executive’s Retirement.” 
  

	6.	Sections 4(b)(i)(4)-(5) of the Employment Agreement are hereby amended by deleting such sections thereof and replacing the same with the following: 

“(4) severance pay in the full amount of Base Salary at the time of termination from the date of termination through the period ending on
the third (3rd) anniversary of the date of termination; and (5) full continuation Executive’s hospital, health, disability, medical and life insurance benefits during the three (3) year severance period (to the extent any of
those benefits cannot be provided by Company during the three (3) year severance period, the Company will provide Executive with a sum of money calculated to permit Executive to obtain the same benefits individually, grossed up for tax purposes
so that Executive remains whole);” 
  

	7.	Section 4(b) of the Employment Agreement is hereby amended by adding the following Section 4(b)(iii) to the end thereof: 

“(iii) upon Executive’s Retirement and provided Executive makes himself reasonably available to assist and consult with the Company
for up to ten (10) days per quarter during the one-year period thereafter (the “Consulting Period”), then in addition to the benefits provided in Section 4(b)(ii), and notwithstanding the terms of the applicable award
agreements and/or incentive equity plan terms, Executive shall be entitled to the following: (1) any outstanding incentive equity granted by the Company to Executive that was unvested as of Executive’s Retirement shall continue to vest
through the end of the Consulting Period; (2) any outstanding incentive equity granted by the Company to Executive that remains unvested as of the end of such Consulting Period shall vest at the conclusion of such Consulting Period, and
(3) the exercise period of any options granted by the Company to Executive shall be extended until the second (2nd) anniversary of the later of (A) Executive’s Retirement or (B) the date that such options vest, provided that
with respect to any such option the exercise periods described in this Section 4(b)(iii)(3) shall not be extended beyond original term of the option agreement; provided, that the benefits described in this Section 4(b)(iii) shall be
subject to Executive’s execution and non-revocation of a release in accordance with the procedures and subject to the conditions described in Section 4(c).” 
  

	8.	Except as specifically set forth herein, the Employment Agreement and all of its terms and conditions remain in full force and effect, and the Employment Agreement is hereby ratified and confirmed in all respects,
except that on or after the date of this Amendment all references in the Employment Agreement to “this Agreement,” “hereto,” “hereof,” “hereunder,” or words of like import shall mean the Employment Agreement
as amended by this Amendment. 

  
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	9.	This Amendment may be executed in any number of counterparts, each of which shall be deemed an original and such counterpart together shall constitute one and the same instrument. 

 

	10.	This Amendment, including the validity, interpretation, construction and performance of this Amendment, shall be governed by and construed in accordance with the laws of the State of New York applicable to agreements
made and to be performed in such State, without regard to such State’s conflicts of law principles. 

  

	11.	This Amendment shall be binding upon and inure to the benefit of and be enforceable by the respective successors and assigns of the parties hereto. The Employment Agreement, as amended by this Amendment, embodies the
entire agreement and understanding between the parties hereto and supersedes all prior agreements and understandings relating to the subject matter hereof. 

[remainder of page intentionally left blank; signature page follows] 

  
 4 

 SIGNATURE PAGE TO AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT 

IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date first written above. 

 

					
	BURLINGTON COAT FACTORY WAREHOUSE CORPORATION
		
	By:	 	/s/ Paul Tang
		 	Name:	 	Paul Tang
		 	Title:	 	Executive Vice President
	
	BURLINGTON COAT FACTORY HOLDINGS, LLC
		
	By:	 	Burlington Holdings, LLC, its Managing Member
		
	By:	 	/s/ Paul Tang
		 	Name:	 	Paul Tang
		 	Title:	 	Executive Vice President
	
	BURLINGTON STORES, INC.
		
	By:	 	/s/ Paul Tang
		 	Name:	 	Paul Tang
		 	Title:	 	Executive Vice President
	
	EXECUTIVE
	
	/s/ Thomas Kingsbury
	Thomas Kingsbury

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00238-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00238-of-00352.parquet"}]]