Document:

EX-10.14

 Exhibit 10.14 

2012 DIRECTOR STOCK OPTION PLAN 

OF 
 BEACON HOLDING INC.

 Beacon Holding Inc., a Delaware corporation, hereby adopts this 2012 Director Stock Option Plan of Beacon Holding Inc. (as amended
from time to time, the “Plan”). The purposes of the Plan are as follows: 
 (1)     To further the
growth, development and financial success of the Company (as defined herein) and its Subsidiaries (as defined herein) by providing additional incentives to Independent Directors (as such term is defined below) of the Company and its Subsidiaries who
have been or will be given responsibility for the administration of the Company’s or one of its Subsidiaries’ business affairs, by assisting them to become owners of Common Stock (as defined herein), thereby enabling them to benefit
directly from the growth, development and financial success of the Company and its Subsidiaries. 
 (2)     To enable
the Company and its Subsidiaries to obtain and retain the services of the type of professional Independent Directors considered essential to the long-range success of the Company and its Subsidiaries by providing and offering them an opportunity to
become owners of Common Stock through the exercise of Options (as defined herein). 
 ARTICLE I. 

DEFINITIONS 

Whenever the following terms are used in this Plan, they shall have the meaning specified below unless the context clearly indicates to the
contrary. The singular pronoun shall include the plural where the context so indicates. 

Section 1.1    “Affiliate” shall mean, with respect to any Person, any other
Person directly or indirectly controlling, controlled by, or under common control with, such Person where “control” shall have the meaning given such term under Rule 405 of the Securities Act. 

Section 1.2    “Board” shall mean the Board of Directors of the Company. 

Section 1.3    “Change in Control” shall mean (a) the sale of all or
substantially all of the assets of the Company, BJ’s Wholesale Club, Inc. (“BJs”) or any wholly-owned Subsidiary interposed between the Company and BJs (an “Intermediate Subsidiary”) to any other Person (other
than the Company, any of its Subsidiaries, the Principal Stockholders or any of their Affiliates, or any employee benefit plan maintained by the Company or any of its Subsidiaries), or (b) a change in beneficial ownership or control of the
Company, BJs or any Intermediate Subsidiary effected through a transaction or series of transactions (other than an offering of Common Stock or other securities to the general public through a registration statement filed with the Securities and
Exchange Commission) whereby (i) any “person” or related “group” of “persons” (as such terms are used in Sections 13(d) and 14(d)(2) of the Exchange Act) (other than the Company, any of its Subsidiaries, the
Principal Stockholders or any of their Affiliates, or any employee benefit plan maintained by the Company or any of its Subsidiaries), directly or indirectly acquires beneficial ownership (within the meaning of Rule
13d-3 under the Exchange Act) of securities of the Company, BJs or any Intermediate Subsidiary possessing more than 

 
50% of the total combined voting power of such entity’s securities outstanding immediately after such acquisition, or (ii) following an initial public offering, the Principal
Stockholders and their respective Affiliates directly or indirectly hold beneficial ownership of securities of each of the Company, BJs and any Intermediate Subsidiary possessing less than 10% of the total combined voting power of such entity’s
voting securities outstanding immediately after such transaction or series of transactions. 

Section 1.4    “Class A Stock” shall mean the common stock
of the Company designated as Class A Common Stock, par value $0.01 per share. 

Section 1.5    “Class B Stock” shall mean the common stock
of the Company designated as Class B Common Stock, par value $0.01 per share. 

Section 1.6    “Code” shall mean the Internal Revenue Code of 1986, as amended.

 Section 1.7    One share of “Common Stock” shall mean (a) prior to
the effectiveness of the actions set forth in Section 9.01 of the Stockholders Agreement, one share of Class A Stock and one share of Class B Stock and (b) following the effectiveness of the actions set forth in Section 9.01
of the Stockholders Agreement, one share of the common stock of the Company, par value $0.01 per share. 

Section 1.8    “Company” shall mean Beacon Holding Inc., a Delaware
corporation. 
 Section 1.9    “Director” shall mean a member of the
Board. 
 Section 1.10    “Eligible Representative” for an Optionee shall mean
such Optionee’s personal representative or such other person as is empowered under the deceased Optionee’s will or the then applicable laws of descent and distribution to represent the Optionee hereunder. 

Section 1.11    “Employee” shall mean, with respect to any entity, any employee
of such entity (as defined in accordance with the regulations and revenue rulings then applicable under Section 3401(c) of the Code). 

Section 1.12    “Equity Restructuring” shall mean a non-reciprocal transaction between the Company and its stockholders, such as a stock dividend, stock split, spin-off, rights offering or recapitalization through a large,
non-recurring cash dividend, that affects the shares of Common Stock (or other securities of the Company) or the share price of the Common Stock (or other securities) and causes a change in the per share value of the Common Stock underlying
outstanding Options. 
 Section 1.13    “Exchange Act” shall mean the
Securities Exchange Act of 1934, as amended. 
 Section 1.14    “Fair Market
Value” of a share of Common Stock as of a given date shall be: 
 (a)    The closing price of a share of Common
Stock on the New York Stock Exchange, Nasdaq or such other principal exchange on which such shares are then trading, if any 

  
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(or as reported on any composite index which includes the New York Stock Exchange, Nasdaq or such other principal exchange), for the most recent trading day prior to such determination date on
which a sale occurred; or 
 (b)     If Common Stock is not traded on an exchange but is quoted on a quotation system,
the mean between the closing representative bid and asked prices for a share of Common Stock on the most recent trading day prior to such determination date on which sales prices or bid and asked prices, as applicable, as reported by such quotation
system; or 
 (c)     Unless otherwise set forth in the applicable Stock Option Agreement, if Common Stock is not
publicly traded on an exchange and not quoted on a quotation system, the fair market value of a share of Common Stock as determined by the Board in its sole discretion. 

Section 1.15    “Independent Director” shall mean a member of the Board who is
not an Employee of the Company or any of its Subsidiaries. 
 Section 1.16    “Initial
Public Offering” shall mean the first issuance by the Company of any class of common equity securities that is required to be registered (other than on a Form S-8) under Section 12 of the
Exchange Act. 
 Section 1.17    “Management Stockholders Agreement” shall
mean an agreement by and between the Optionee and the Company which contains certain restrictions and limitations applicable to the shares of Common Stock acquired upon Option exercise (and/or to other shares of Common Stock, if any, held by the
Optionee during the term of such agreement), the terms of which shall be determined by the Board in its discretion. 

Section 1.18    “Non-Qualified Stock
Option” shall mean an Option which is not an “incentive stock option” within the meaning of Section 422 of the Code. 

Section 1.19    “Officer” shall mean an officer of the Company, as defined in
Rule 16a- l(f) under the Exchange Act, as such Rule may be amended from time to time. 

Section 1.20    “Option” shall mean an option granted under the Plan to
purchase Common Stock. 
 Section 1.21    “Optionee” shall mean an
Independent Director to whom an Option is granted under the Plan. 

Section 1.22    “Person” shall mean an individual, partnership, corporation,
limited liability company, business trust, joint stock company, trust, unincorporated association, joint venture, governmental authority or other entity of whatever nature. 

Section 1.23    “Principal Stockholders” shall mean Green Equity Investors V,
L.P., Green Equity Investors Side V, L.P., Beacon Coinvest LLC, and CVC Beacon LLC. 

Section 1.24    “Rule 16b-3” shall mean Rule
16b-3 promulgated under the Exchange Act, as such Rule may be amended from time to time. 

  
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 Section 1.25    “Securities
Act” shall mean the Securities Act of 1933, as amended.  

Section 1.26    “Stock Option Agreement” shall have the meaning set forth in
Section 4.1. 
 Section 1.27    “Stockholders Agreement” shall mean that
certain Stockholders Agreement by and among the Company and the Principal Stockholders, dated as of September 30, 2011, as may be amended from time to time. 

Section 1.28    “Subsidiary” of any entity shall mean any corporation in an
unbroken chain of corporations beginning with such entity if each of the corporations other than the last corporation in the unbroken chain then owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of
the other corporations in such chain. 
 Section 1.29    “Termination of
Directorship” shall mean the time when an Optionee ceases to be a Director for any reason, including but not by way of limitation, a termination by resignation, failure to be elected or appointed, death or retirement. The Board, in its sole
discretion, shall determine the effect of all matters and questions relating to Termination of Directorship. 
 ARTICLE II. 

 SHARES SUBJECT TO PLAN 

Section 2.1     Shares Subject to Plan. The shares of stock subject to Options shall be
shares of Common Stock. Subject to Section 7.1, the aggregate number of such shares which may be issued upon exercise of Options shall not exceed 25,000 shares of Common Stock, which, for the avoidance of doubt, consist of 25,000 shares of
Class A Stock and 25,000 shares of Class B Stock as of the date of adoption of the Plan. 

Section 2.2     Unexercised Options. If any Option (or portion thereof) expires or is
canceled without having been fully exercised, the number of shares of Common Stock subject to such Option (or portion thereof), but as to which such Option was not exercised prior to its expiration or cancellation, may again be optioned hereunder,
subject to the limitations of Section 2.1. 
 ARTICLE III.  

GRANTING OF OPTIONS 

Section 3.1    Eligibility. Any Independent Director shall be eligible to be granted
Options. 
 Section 3.2    Form of Stock Options. All Options granted under the Plan
shall be Non-Qualified Stock Options. 

Section 3.3    Granting of Options to Independent Directors 

(a)    The Board may from time to time: 

(i)    Select from among the Independent Directors (including those to 

  
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whom Options have previously been granted under the Plan) such of them as in its opinion should be granted Options; 

(ii)    Determine the number of shares of Common Stock to be subject to such Options granted to such selected Independent
Directors; and 
 (iii)    Determine the terms and conditions of such Options, consistent with the Plan. 

(b)     Upon the selection of an Independent Director to be granted an Option pursuant to Section 3.3(a), the Board
shall instruct the corporate secretary or another authorized Officer of the Company to issue such Option and may impose such conditions on the grant of such Option as it deems appropriate. Without limiting the generality of the preceding sentence,
the Board may require as a condition to the grant of an Option to an Independent Director that the Independent Director surrender for cancellation some or all of the unexercised Options which have been previously granted to him or her. An Option the
grant of which is conditioned upon such surrender may have an Option price lower (or higher) than the Option price of the surrendered Option, may cover the same (or a lesser or greater) number of shares as the surrendered Option, may contain such
other terms as the Board deems appropriate, and shall be exercisable in accordance with its terms, without regard to the number of shares, price, period of exercisability or any other term or condition of the surrendered Option. 

ARTICLE IV.  

TERMS OF OPTIONS 

Section 4.1    Stock Option Agreement. Each Option shall be evidenced by a written stock
option agreement (“Stock Option Agreement”), which shall be executed by the Optionee and an authorized Officer of the Company and which shall contain such terms and conditions as the Board shall determine, consistent with the Plan.

 Section 4.2    Exercisability of Options 

(a)         Each Option shall become exercisable according to the terms of the applicable Stock Option
Agreement; provided, however, that by a resolution adopted after an Option is granted the Board may, on such terms and conditions as it may determine to be appropriate, accelerate the time at which such Option or any portion thereof
may be exercised. 
 (b)         Except as otherwise provided in the applicable Stock Option
Agreement, no portion of an Option which is unexercisable at Termination of Directorship shall thereafter become exercisable. 

Section 4.3    Option Price. The price of the shares subject to each Option shall be set
by the Board. 

  
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 Section 4.4     Expiration of Options.
No Option may be exercised to any extent by anyone after the expiration of ten years from the date the Option was granted (or such earlier date as may be set forth in any applicable Stock Option Agreement). 

Section 4.5     At-Will Engagement. Nothing in the Plan or in any Stock Option Agreement
hereunder shall confer upon any Optionee any right to continue as an Independent Director to the Company or any Subsidiary thereof, or shall interfere with or restrict in any way the rights of the Company and any Subsidiary thereof, which are hereby
expressly reserved, to discharge any Optionee at any time for any reason whatsoever, with or without cause, except to the extent expressly provided otherwise in a written agreement between the Optionee and the Company or any Subsidiary thereof. 

ARTICLE V.  

EXERCISE OF OPTIONS 

Section 5.1     Person Eligible to Exercise. During the lifetime of the Optionee, only he
or she may exercise an Option (or any portion thereof); provided, however, that the Optionee’s Eligible Representative may exercise such Optionee’s Option during the period of his or her disability. After the death of the
Optionee, any exercisable portion of an Option may, prior to the time when such portion becomes unexercisable under the Plan or the applicable Stock Option Agreement, be exercised by his or her Eligible Representative. 

Section 5.2     Partial Exercise. At any time and from time to time prior to the time
when the Option becomes unexercisable under the Plan or the applicable Stock Option Agreement, the exercisable portion of an Option may be exercised in whole or in part; provided, however, that the Company shall not be required to
issue fractional shares and the Board may, by the terms of the Stock Option Agreement, require any partial exercise to exceed a specified minimum number of shares. For the avoidance of doubt, prior to the effectiveness of the actions set forth in
Section 9.01 of the Stockholders Agreement, the exercise of any Option must be with respect to the same number of shares of Class A Stock and Class B Stock and any notice of exercise purporting to apply with respect to a different number
of shares of Class A Stock and Class B Stock shall not be effective. 

Section 5.3     Manner of Exercise. An exercisable Option, or any exercisable portion
thereof, may be exercised solely by delivery to the corporate secretary of all of the following prior to the time when such Option or such portion becomes unexercisable under the Plan or the applicable Stock Option Agreement: 

(a)     Notice in writing signed by the Optionee or his or her Eligible Representative stating that such Option or portion
is exercised, and specifically stating the number of shares with respect to which the Option is being exercised; 

(b)     A copy of the Management Stockholders Agreement signed by the Optionee or Eligible Representative, as applicable;

 (c)     Full payment for the shares with respect to which such Option or portion is thereby exercised: 

  
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 (i)     In cash, by certified or bank cashier check, or by wire
transfer; or 
 (ii)    With the consent of the Board, (A) shares of Common Stock which have been owned by the
Optionee for at least six months (or such other time period as may be determined by the Board), duly endorsed for transfer to the Company with a Fair Market Value on the date of delivery equal to the aggregate Option price of the shares with respect
to which such Option or portion is exercised; (B) shares of Common Stock issuable to the Optionee upon exercise of the Option, with a Fair Market Value on the date of Option exercise equal to the aggregate Option price of the shares with
respect to which such Option or portion is thereby exercised; (C) following an Initial Public Offering and pursuant to any policies and procedures adopted by the Board, delivery of a notice that the Optionee has placed a market sell order with
a broker with respect to shares of Common Stock then issuable upon exercise of the Option, and that the broker has been directed to pay a sufficient portion of the net proceeds of the sale to the Company in satisfaction of the Option exercise price;
or (D) any combination of the consideration listed in this Section 5.3(c) or any other property of any kind which is deemed to constitute good and valuable consideration by the Board; 

(d)     The payment to the Company (in cash, by certified or bank cashier check, by wire transfer or by any other means of
payment approved by the Board) of all amounts necessary to satisfy any and all federal, state and local tax withholding requirements arising in connection with the exercise of the Option; provided that the Board may, in its sole discretion,
allow the Optionee to satisfy any withholding tax obligations arising in connection with the exercise of any Option under the Plan by electing to have the Company withhold from the Common Stock to be issued that number of shares of Common Stock
having a Fair Market Value equal to the amount required to be withheld (based on minimum applicable statutory withholding rates), determined on the date that the amount of tax to be withheld is determined; 

(e)     Such representations and documents as the Board deems necessary or advisable to effect compliance with all
applicable provisions of the Securities Act, Exchange Act and any other federal or state securities laws or regulations. The Board may, in its sole discretion, also take whatever additional actions it deems appropriate to effect such compliance
including, without limitation, placing legends on share certificates and issuing stop-transfer orders to transfer agents and registrars; and 

(f)     In the event that the Option or portion thereof shall be exercised pursuant to Section 5.1 by any person or
persons other than the Optionee, appropriate proof of the right of such person or persons to exercise the Option or portion thereof. 

Section 5.4     Conditions to Issuance of Stock Certificates. The shares of Common Stock
issuable and deliverable upon the exercise of an Option, or any portion thereof, may be either previously authorized but unissued shares or issued shares which have then been reacquired by the Company. A certificate of shares will be delivered to
the Optionee at the Company’s principal place of business within thirty days of receipt by the Company of the written notice and payment, unless an earlier date is agreed upon. Notwithstanding the above, the Company shall not be required to
issue or deliver any certificate or certificates for shares of Common Stock purchased upon the exercise of any Option or portion thereof prior to fulfillment of all of the following conditions: 

  
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 (a)     The admission of such shares to listing on any and all stock
exchanges on which such class of stock is then listed; 
 (b)     The execution by the Optionee and delivery to the
Company of the Management Stockholders Agreement; 
 (c)     The completion of any registration or other qualification
of such shares under any state or federal law or under the rulings or regulations of the Securities and Exchange Commission or any other governmental regulatory body, which the Board shall, in its sole discretion, deem necessary or advisable; 

(d)     The obtaining of any approval or other clearance from any state or federal governmental agency which the Board
shall, in its sole discretion, determine to be necessary or advisable; and 
 (e)     The payment to the Company of all
amounts which it is required to withhold, if any, under federal, state or local law in connection with the exercise of the Option. 

Section 5.5     Rights as Stockholders. The holder of an Option shall not be, nor have
any of the rights or privileges of, a stockholder of the Company in respect of any shares purchasable upon the exercise of any part of an Option unless and until such holder has signed the Management Stockholders Agreement and certificates
representing such shares have been issued by the Company to such holder. 
 Section 5.6    
Transfer Restrictions. Shares acquired upon exercise of an Option shall be subject to the terms and conditions of the Management Stockholders Agreement. In addition, the Board, in its sole discretion, may impose further restrictions on the
transferability of the shares purchasable upon the exercise of an Option as it deems appropriate. Any such restriction shall be set forth in the respective Stock Option Agreement and may be referred to on the certificates evidencing such shares.

 ARTICLE VI.  

ADMINISTRATION 

Section 6.1     Administration. The full Board shall administer the Plan, except with
respect to matters which, under Rule 16b-3 or any other applicable law (or any regulations or rules issued thereunder), are required to be determined by a committee or other Person(s). 

Section 6.2     Duties and Powers of the Board. It shall be the duty of the Board to
conduct the general administration of the Plan in accordance with its provisions. The Board shall have the power to interpret the Plan and the Options and to adopt such rules for the administration, interpretation and application of the Plan as are
consistent therewith and to interpret, amend or revoke any such rules. All determinations and decisions made by the Board under any provision of the Plan or of any Option granted thereunder shall be final, conclusive and binding on all persons. 

Section 6.3     Professional Assistance, Good Faith Actions. All expenses and liabilities
incurred by the members of the Board in connection with the administration of the Plan shall be 

  
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borne by the Company. The Board may employ or engage attorneys, consultants, accountants, appraisers, brokers or other persons. The Board, the Company and its Officers and Directors shall be
entitled to rely upon the advice, opinions or valuations of any such persons. All actions taken and all interpretations and determinations made by the Board in good faith shall be final and binding upon all Optionees, the Company and all other
interested persons. No member of the Board shall be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or the Options, and all members of the Board shall be fully protected by the Company in
respect to any such action, determination or interpretation. 
 ARTICLE VII.  

OTHER PROVISIONS 

Section 7.1     Changes in Common Stock; Disposition of Assets and Corporate Events 

(a)     In the event of any stock split, spin-off, share combination, reclassification, recapitalization, liquidation,
dissolution, reorganization, merger, Change in Control, payment of a dividend or distribution (other than a cash dividend paid as part of a regular dividend program) or other similar transaction or occurrence (including an Equity Restructuring)
which affects the equity securities of the Company or the value thereof, the Board shall (i) adjust the number and kind of shares subject to the Plan and available for or covered by Options, (ii) adjust the exercise prices related to
outstanding Options, and/or (iii) take such other action (including, without limitation providing for payment of a cash amount to holders of outstanding Options and adjusting performance targets, if any), in each case as it deems reasonably
necessary to address, on an equitable basis, the effect of the applicable corporate event on the Plan and any outstanding Options, without adverse tax consequences under Section 409A of the Code. 

(b)     In the event of a Change in Control: (i) if provided in the applicable Stock Option Agreement or otherwise
determined by the Board in its sole discretion, any outstanding Options then held by Optionees which are unexercisable or otherwise unvested shall automatically be deemed exercisable or otherwise vested as of immediately prior to such Change in
Control and (ii) the Board may, to the extent determined by the Board to be permitted under Section 409A of the Code, but shall not be obligated to: (A) cancel outstanding Options for a payment equal to the excess, if any, of the
value of the consideration to be paid in the Change in Control transaction to holders of the same number of shares of Common Stock subject to such Options (or, if no consideration is paid in any such transaction, the Fair Market Value of the Common
Stock subject to such Options) over the aggregate exercise price of such Options (and, for the avoidance of doubt, any Options having an exercise price equal to or greater than the consideration to be paid in the Change in Control may be cancelled
without payment in respect thereof); (B) provide for the issuance of substitute awards that will preserve in no less favorable a manner the otherwise applicable terms of any affected Options previously granted hereunder, as determined by the Board
in its sole discretion; or (C) provide that for a period of at least ten business days prior to the Change in Control, Options shall be exercisable as to all Shares subject thereto (where, for the avoidance of doubt, an Optionee shall have the
ability to request that such shares be withheld to satisfy the payment of the exercise price of such Options and/or to satisfy any tax withholding obligations that the Optionee may incur as a result of such exercise) and

  
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that, upon the occurrence of the Change in Control, such Options shall terminate and be of no further force and effect. 

Section 7.2     Options Not Transferable. No Option or interest or right therein or part
thereof shall be liable for the debts, contracts or engagements of the Optionee or his or her successors in interest or shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means whether
such disposition be voluntary or involuntary or by operation of law, by judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of
no effect; provided, however, that nothing in this Section 7.2 shall prevent transfers by will or by the applicable laws of descent and distribution. 

Section 7.3     Amendment, Suspension or Termination of the Plan. The Plan may be wholly
or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the Board. Except as provided by Section 7.1, neither the amendment, suspension nor termination of the Plan shall, without the consent of
the holder of the Option, alter or impair any rights or obligations under any Option theretofore granted. No Option may be granted during any period of suspension nor after termination of the Plan, and in no event may any Option be granted under
this Plan after the expiration of ten years from the date the Plan is adopted by the Board. 

Section 7.4     Effect of Plan Upon Other Option and Compensation Plans. The adoption of
this Plan shall not affect any other compensation or incentive plans in effect for the Company or any Affiliate. Nothing in this Plan shall be construed to limit the right of the Company or any Affiliate (a) to establish any other forms of
incentives or compensation for directors, employees or consultants of the Company or any Affiliate; or (b) to grant or assume options otherwise than under this Plan in connection with any proper corporate purpose, including, but not by way of
limitation, the grant or assumption of options in connection with the acquisition by purchase, lease, merger, consolidation or otherwise, of the business, stock or assets of any corporation, firm or association. 

Section 7.5     Titles. Titles are provided herein for convenience only and are not to
serve as a basis for interpretation or construction of the Plan. 
 Section 7.6    
Conformity to Securities Laws. The Plan is intended to conform to the extent necessary with all provisions of the Securities Act and the Exchange Act and any and all regulations and rules promulgated by the Securities and Exchange Commission
thereunder to the extent the Company or any Optionee is subject to the provisions thereof. Notwithstanding anything herein to the contrary, the Plan shall be administered, and Options shall be granted and may be exercised, only in such a manner as
to conform to such laws, rules and regulations. To the extent permitted by applicable law, the Plan and Options granted hereunder shall be deemed amended to the extent necessary to conform to such laws, rules and regulations. 

Section 7.7     Governing Law. To the extent not preempted by federal law, the Plan shall
be construed in accordance with and governed by the internal laws of the State of Delaware, without regard to the principles of conflicts of law thereof, or principles of conflicts of 

  
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law of any other jurisdiction which could cause the application of the laws of any jurisdiction other than the State of Delaware. 

Section 7.8     Severability. In the event any portion of the Plan or any action taken
pursuant thereto shall be held illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining parts of the Plan, and the Plan shall be construed and enforced as if the illegal or invalid provisions had not been
included, and the illegal or invalid action shall be null and void. 
 Section 7.9    
Section 409A. To the extent applicable, the Plan and Stock Option Agreements shall be interpreted in accordance with Section 409A of the Code and Department of Treasury regulations and other interpretive guidance
issued thereunder. Notwithstanding any provision of the Plan to the contrary, in the event that the Board determines that any Option may be subject to Section 409A of the Code, the Board may adopt such amendments to the Plan and the applicable
Stock Option Agreement or adopt other policies and procedures (including amendments, policies and procedures with retroactive effect), or take any other actions, that the Board determines are necessary or appropriate to (a) exempt the Option
from Section 409A of the Code and/or preserve the intended tax treatment of the benefits provided with respect to the Option, or (b) comply with the requirements of Section 409A of the Code and related Department of Treasury guidance
and thereby avoid the application of penalty taxes under such Section 409A of the Code. Notwithstanding anything herein to the contrary, no provision of the Plan shall be interpreted or construed to transfer any liability for failure to comply
with the requirements of Section 409A of the Code from any Optionee or other Person to the Company or any of its Affiliates, employees or agents. 

*    *    *    *    * 

  
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 I hereby certify that the foregoing Plan was duly adopted, as amended, by the Board as of
April 13, 2012. 
 Executed as of April 13, 2012. 

 

			
	 /s/ Lon F. Povich

	Officer Name:	 	Lon F. Povich
	Officer Title:	 	EVP, General Counsel and Secretary

  
 12EX-10.14(a)

 Exhibit 10.14(a) 

AMENDMENT TO THE 
 2012
DIRECTOR STOCK OPTION PLAN 
 OF 

BJ’S WHOLESALE CLUB HOLDINGS, INC. 

THIS AMENDMENT TO THE 2012 DIRECTOR STOCK OPTION PLAN OF BJ’S WHOLESALE CLUB HOLDINGS, INC. (this “Amendment”), dated as
of June 14, 2018, is made and adopted by BJ’s Wholesale Club Holdings, Inc., a Delaware corporation (the “Company”). Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to them in
the Plan (as defined below). This Amendment shall become effective upon the consummation of an initial public offering of the Company’s common stock and if such an initial public offering does not occur on or prior to December 31, 2018
this Amendment shall be void ab initio. 
 RECITALS 

WHEREAS, the Company maintains the 2012 Director Stock Option Plan of Beacon Holding Inc. (the “Plan”); 

WHEREAS, as of February 23, 2018, Beacon Holding Inc. was renamed BJ’s Wholesale Club Holdings, Inc.; 

WHEREAS, in connection with the Company’s initial public offering the Company intends to adopt the BJ’s Wholesale Club Holdings,
Inc. 2018 Incentive Award Plan (the “2018 Plan”) which 2018 Plan will become effective on the day immediately prior to the Public Trading Date (as defined in the 2018 Plan) (the “Effective Date”); 

WHEREAS, the Company desires to amend the Plan as set forth herein; and 

WHEREAS, pursuant to Section 7.3 of the Plan, the Plan may be amended at any time and from time to time by the Board. 

NOW, THEREFORE, BE IT RESOLVED, that the Plan shall be amended as follows: 

 

	 	1.	 Each reference to “Beacon Holding Inc.” (including, without limitation in the name of the Plan) shall
be amended to “BJ’s Wholesale Club Holdings, Inc.”. 

  

	 	2.	 Section 2.2 shall be deleted in its entirety and replaced with the following: 

“Section 2.2 Share Counting. If any Option (or portion thereof) expires or is canceled without having
been fully exercised, the number of shares of Common Stock subject to such Option (or portion thereof), but as to which such Option was not exercised prior to its expiration or cancellation, may again be optioned hereunder, subject to the
limitations of Section 2.1. In addition, (i) shares of Common Stock tendered by an Optionee or withheld by the Company in payment of the exercise price of an Option and (ii) shares of Common Stock tendered by an Optionee or withheld
by the Company to satisfy any tax withholding obligation with respect to an Option may again be optioned hereunder. 

	 	3.	 A new Section 3.4 shall be added to the Plan which states: 

Section 3.4 No Further Grants. Notwithstanding anything to the contrary herein, no further grants shall be
made pursuant to the Plan on or following the Effective Date (and subject to the occurrence of the Public Trading Date). Any shares of Common Stock which, as of the Effective Date, are available for issuance under the Plan (including, without
limitation, shares of Common Stock available pursuant to Section 2.2 hereof), and any shares of Common Stock that are subject to awards under the Plan which are forfeited or lapse unexercised, shall be available under the 2018 Plan to the
extent provided in Section 3.1 thereof. 
  

	 	4.	 Except as set forth herein, the Plan shall remain in full force and effect following the date of this
Amendment. 

 [signature page follows] 

 I hereby certify that the foregoing Amendment was adopted by the Board of Directors of
BJ’s Wholesale Club Holdings, Inc. as of June 14, 2018. 
 * * * * * 

Executed as of June 14, 2018. 
  

			
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		 	Officer Name:
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Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00287-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00287-of-00352.parquet"}]]