Document:

Form of Employment Agreement, amended and restated as of February 7, 2008

 Exhibit 10.60 
 AMENDED AND RESTATED EMPLOYMENT AGREEMENT 
 Level 1 Executives 
 THIS AMENDED AND RESTATED AGREEMENT (the “Agreement”), effective
                        , is between THE CLOROX COMPANY, a Delaware corporation (the “Company”), and
                             (the “Executive”). 
 RECITAL 
 The Company and the
Executive want to enter into a written agreement concerning the terms of the Executive’s employment with the Company and the terms of the termination of that employment. 
 TERMS OF AGREEMENT 
 1. Term of Employment. 
 (a) Basic Term. The term of this Agreement shall commence on the Executive’s first day of employment with the Company as a Level 1 Executive
(the “Effective Date”) and end upon the earliest of (such ending date, the “Date of Termination”) (i) the second anniversary thereof (the “Term Date”), as, and to the extent, extended under Section 1(b),
(ii) the date upon which the Executive’s employment is terminated in accordance with Section 4, and (iii) the first day of the month following the Executive’s 65th birthday. 
 (b) Extension of Term. Subject to Section 1(a)(iii) and to Section 4, the Term Date will be automatically extended from the inception of
this Agreement until the Company gives the Executive written notice that automatic extension has ceased and that this Agreement is to be terminated on the Term Date as extended to that point. The Company’s right not to extend the Agreement
shall be with or without Cause (as defined in Section 4(c) below), and the Company’s exercise of its right not to extend the Agreement will not necessarily terminate the Executive’s employment with the Company. 
 (c) Certain Definitions. 
 (i) The “Average Annual Bonus” shall mean the average annual incentive bonus that the Executive received for the three (3) completed fiscal years immediately preceding the Date of Termination under the Company’s Annual
Incentive Plan (“AIP Plan”) and/or the Company’s Executive Incentive Compensation Plan (“EIC Plan”), provided that the First Year Bonus Target, shall be used in the average computation for any year in which the Executive was
not eligible to participate in the AIP Plan and /or the EIC Plan for the full fiscal year. 
 (ii) “Bonus Target”
means the annual bonus that the Executive would have received in a fiscal year under the AIP Plan and/or the EIC Plan, if the target goals had been achieved. The Bonus Target shall be reviewed periodically for increase or decrease in accordance with
the Company’s regular practice for setting targets for “Executive Officers” ( i.e., the Executive and the other members of the Management Executive Committee). Thereafter, “Bonus Target” shall mean such bonus target as so
increased or decreased from time to time. 

 (iii) “First Year Bonus Target” means the Executive’s Bonus Target as of
June 30 for the first fiscal year in which he was eligible to participate in the AIP Plan and/or the EIC Plan. 
 2. Position, Duties,
Responsibilities.  
 (a) Position. The Company agrees to employ the Executive, and the Executive agrees to be employed by the
Company subject to the terms and conditions of this Agreement. The Executive shall devote his best efforts and the equivalent of full time employment to the performance of the services customarily incident to the Executive’s current office and
to such other services as may be reasonably requested by the Board. The Company shall retain full direction and control of the means and methods by which the Executive performs the above services and of the place(s) at which such services are to be
rendered. 
 (b) Other Activities. Excluding any periods of vacation and sick leave to which the Executive is entitled, the Executive
agrees to devote reasonable attention and time during normal hours to the business and affairs of the Company, and to the extent necessary to discharge the responsibilities assigned to the Executive hereunder, to use the Executive’s reasonable
best efforts to perform faithfully and efficiently such responsibilities. It shall not be a violation of this Agreement for the Executive to (A) serve on corporate, civic or charitable boards or committees, provided that with respect to any
corporate board, such service has been pre-approved by the CEO, (B) deliver lectures, fulfill speaking engagements or teach at educational institutions on a part-time basis not to exceed five hours per week in the aggregate and (C) manage
personal investments, so long as such activities do not significantly interfere with the performance of the Executive’s responsibilities as an employee of the Company in accordance with this Agreement. It is expressly understood and agreed that
to the extent that any such activities have been conducted by the Executive prior to the Effective Date, the continued conduct of such activities (or the conduct of activities similar in nature and scope thereto) subsequent to the Effective Date
shall not thereafter be deemed to interfere with the performance of the Executive’s responsibilities to the Company. 
 3. Salary; Incentive
Compensation; Benefits; Expenses.  
 (a) Salary. In consideration of the services to be rendered hereunder, including,
without limitation, services to any affiliate of the Company (an “Affiliated Company”), the Executive shall be paid an annual base salary (“Annual Base Salary”), payable at the times and pursuant to the procedures regularly
established, and as they may be amended, by the Company during the course of this Agreement. The Annual Base Salary shall be reviewed periodically for increase (or decrease to the extent permitted hereunder) in accordance with the Company’s
regular administrative practice for adjusting salaries of Executive Officers (the Chairman of the Board, the CEO, the President and other members of the Management Executive Committee). Thereafter, “Annual Base Salary” shall mean such
annual base salary rate as so increased (or decreased) from time to time. The Company may reduce the Executive’s Annual Base Salary only if the annual base salaries of all other Executive Officers of the Company are at the same time being
similarly reduced and if the percentage of reduction of the Executive’s Annual Base Salary does not exceed that of any other Executive Officer. 
  

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 (b) Annual Incentive Plan; Executive Incentive Compensation Plan; Long Term Compensation Program.
As of the Effective Date, the Executive shall be entitled to participate in the Company’s AIP Plan, the EIC Plan and Stock-Based Long-Term Compensation Program (the “LTC Program”), or any successors thereto, in accordance with the
Company’s practice for administering the AIP Plan, the EIC Plan and the LTC Program with respect to Executive Officers, unless the Company suspends or terminates one or more of the AIP Plan, the EIC Plan or the LTC Program. For purposes of this
Agreement, “LTC Program” encompasses Stock-Based Awards made to the Executive under the 2005 Stock Incentive Plan or any subsequent stock-based incentive compensation plan. 
 (c) Benefits. As he becomes eligible therefor, the Company shall provide the Executive, his spouse and eligible dependents with the right to
participate in and to receive benefits from all present and future welfare benefit plans, practices, policies and programs (including without limitation, medical, prescription drugs, dental, disability, salary continuance, severance pay, employee
life, group life, accidental death and travel accident insurance plans and programs), all incentive savings and retirement plans, practices and programs, including without limitation the Supplemental Executive Retirement Plan (the “SERP”),
and all similar benefits, made available generally to Executive Officers of the Company. The Executive shall be entitled to annual vacation as determined in accordance with Company policy, which shall be taken with the prior approval of the Company.
The amount and extent of benefits to which the Executive is entitled shall be governed by each specific benefit plan, as it may be amended from time to time. The Executive shall also be entitled to the death and disability benefits described in
Section 4. The Company may suspend or terminate any benefit plan described in this Section 3(c). 
 (d) Expenses. The
Company shall reimburse the Executive for reasonable travel and other business expenses incurred by the Executive in the performance of his duties hereunder in accordance with the Company’s general policies, as they may be amended from time to
time during the course of this Agreement. 
 (e) Change in Control. The Company and the Executive have entered into an Amended and
Restated Change in Control Agreement governing the terms and conditions related to a Change in Control of the Company. 
 4. Termination of
Employment.  
 (a) By Death. The Executive’s employment shall terminate automatically upon his death. The Company shall
pay to the Executive’s beneficiaries or estate, as appropriate, the salary to which he is entitled pursuant to Section 3(a), any accrued vacation due the Executive, through the end of the month in which death occurs and any prior completed
fiscal year’s earned and unpaid annual incentive bonus. The Company shall also pay the Executive’s beneficiaries or estate, as appropriate, in lieu of any AIP and EIC Plan award under Section 3(b), a pro rata portion (through the date
of death) of the Executive’s Bonus Target for the fiscal year of his death. All other equity and other LTC Program awards shall be governed by the applicable terms of award under which they were granted. Payments owed pursuant to this
Section 4(a) 

  

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shall be made in a lump sum payment as soon as administratively practicable but, in any event, within ninety (90) days following the date of such
termination. Except as otherwise specifically provided under this Agreement, after the payments called for in this Section 4(a) are made, the Company’s obligations hereunder shall terminate. This Section shall not affect entitlement of the
Executive’s estate or beneficiaries to death benefits under any benefit plan of the Company. 
 (b) By Disability. Should the
Executive become Disabled, the Executive’s employment may terminate at the Company’s option. As used in this Section 4(b), “Disabled” shall mean the Executive (i) is unable to engage in any substantial gainful activity
by reason of any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, or (ii) is receiving income replacement benefits for a
period of not less than three months under the Company’s accident and health plans by reason of any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period
of not less than 12 months. If the Company so elects, the Company shall pay the salary to which the Executive is entitled pursuant to Section 3(a) through the Date of Termination, and in lieu of any AIP and EIC Plan award under
Section 3(b) for the fiscal year in which termination occurs, the Company shall pay the Executive a pro rata portion (through the Date of Termination) of the Executive’s Bonus Target for the fiscal year of the termination. The Company
shall also pay the Executive any accrued vacation through the Date of Termination and any prior completed fiscal year’s earned and unpaid annual incentive bonus. All other equity and other LTC Program awards shall be governed by the applicable
terms of award under which they were granted. Payments owed pursuant to this Section 4(b) (other than payment of a pro rata bonus, if any) shall be made in a lump sum payment as soon as administratively practicable but, in any event, within
ninety (90) days following the date of such termination. If the Company elects to pay a pro rata portion (through the Date of Termination) of the Executive’s Bonus Target for the fiscal year of the termination, such award will be paid
after the close of the fiscal year at the same time that AIP and EIC Plan award payments are made to then employed executives. Thereafter the Company’s obligations hereunder shall terminate. 
 (c) By Company For Cause. The Company may terminate the Executive’s employment for Cause (as defined below in this Section 4(c)) at any
time. The Company shall pay the Executive the salary to which he is entitled pursuant to Section 3(a) through the Date of Termination, and thereafter the Company’s obligations hereunder shall terminate. The Executive shall not be entitled
to any unpaid AIP Plan and EIC Plan award pursuant to Section 3(b) for the fiscal year in which termination occurs. All other equity and other LTC Program awards shall be governed by the applicable terms of award under which they were granted.
Termination shall be for Cause if: 
 (i) the Executive willfully neglects significant duties he is required to perform or
willfully violates a material Company policy, and, after being warned in writing, continues to neglect such duties or continues to violate such specified Company policy; 
 (ii) the Executive commits a material act of dishonesty, fraud, misrepresentation or other act of moral turpitude; 
  

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 (iii) the Executive acts (or omits to act) with gross negligence in the course of
employment; 
 (iv) the Executive fails to obey a lawful direction of the Board of Directors; or 
 (v) the Executive acts in any other manner inconsistent with the Company’s best interests and values. 
 (d) By the Executive or the Company At Will. 
 (i) Termination by the Company. The Company may, at any time, terminate the Executive’s employment without Cause. If the Company terminates the Executive’s employment prior to the Term Date, the
severance payment provisions of Section 6 shall apply and the Company shall have no additional liability. The Executive hereby agrees that the Company may terminate his employment under this Section 4(d)(i) without regard (A) to any
general or specific policies (whether written or oral) of the Company relating to the employment or termination of its employees, or (B) to any statements made to the Executive, whether made orally or contained in any document, pertaining to
the Executive’s relationship with the Company. Nothing in this Section 4(d)(i) shall prevent the Company from exercising its right under Section 4(c) to terminate the Executive’s employment for Cause, and such a termination
(regardless of when made) shall not give rise to damages under Section 6. 
 (ii) Termination by the Executive.
Except in the case of Retirement as provided in Section 4(d)(iii), the Executive may, upon giving at least 10 business days’ written notice to the Company, terminate his employment, without liability, for any reason. If the Executive
terminates his employment pursuant to this Section 4(d)(ii), the Company shall pay the Executive the salary and accrued vacation to which he is entitled pursuant to Section 3(a) through the end of the 10 business days notice period. All
other equity and other LTC Program awards shall be governed by the applicable terms of award under which they were granted. Thereafter the Company’s obligations hereunder shall terminate. The Executive shall not be entitled to any AIP and EIC
Plan award pursuant to Section 3(b) for the fiscal year in which he terminates his employment under this Section 4(d)(ii). 
 (iii) Termination Due to Executive’s Retirement. If the Executive is eligible to begin receiving benefits pursuant to the SERP, then upon giving at least three month’s written notice to the Company of his election to do so,
the Executive may terminate his employment and begin receiving SERP benefits. Such a termination constitutes “Retirement” for purposes of this Agreement. Upon the Executive’s Retirement, the Company shall pay the Executive the salary
and accrued vacation to which he is entitled pursuant to Section 3(a) and 3(e) through the last day of his employment. The Executive also shall receive any prior completed fiscal year’s earned and unpaid annual incentive bonus. In
addition, the Executive shall be entitled to receive a pro rata portion calculated upon the portion of the fiscal year during which the Executive was employed of the Executive’s AIP and/or EIC Plan award for the fiscal year of his Retirement.
The award will be paid after the close of the fiscal year at the same time that AIP and EIC Plan award payments are made to employed Executives; provided, however, that if the Executive is a Specified Employee (as defined in Section 1.409A-1(i)
of the Treasury Department Regulations) on the Date of Termination, such payments shall be made in accordance with Section 4(f) below. 

  

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The award will be a percentage of the Executive’s Bonus Target award for that fiscal year based upon the application of the overall corporate results
factor and the division and/or functional results factor, if applicable, of the AIP and/or EIC Plan award calculation matrix. The award will not be based on any personal objectives factor; thus, the individual modifier to be applied to the corporate
and business and/or functional results, if any, will be calculated at 100%. 
 (e) Termination Obligations. 
 (i) The Executive hereby acknowledges and agrees that all personal property and equipment furnished to or prepared by the Executive in the
course of or incident to his employment, belong to the Company and shall, if physically returnable, be promptly returned to the Company upon termination of his employment. “Personal property” includes, without limitation, all books,
manuals, records, reports, notes, contracts, lists, blueprints, and other documents, computer media or materials, or copies thereof, and Proprietary Information (as defined in Section 5(a) below). Following termination, the Executive will not
retain any written or other tangible material containing any Proprietary Information. 
 (ii) Upon termination of his
employment, the Executive shall be deemed to have resigned from all offices and directorships then held with the Company or any Affiliated Company, and will execute a letter of resignation if requested. 
 (iii) The Executive’s obligations under Sections 4(e), 5, 7 and 14 shall survive termination of the Executive’s employment and
the expiration of this Agreement. 
 (f) Specified Employee. Notwithstanding the foregoing, if the Executive is a Specified Employee
(as defined in Section 1.409A-1(i) of the Treasury Department Regulations) on the Date of Termination and: 
 (i) all
payments specified in Section 4(c), Section 4(d)(i) or Section 6 which are subject to Code Section 409A (as defined in Section 17) but are not made by March 15 of the year immediately following the Date of Termination,
may be made to the extent that the amount does not exceed two times the lesser of (i) the sum of the Executive’s annualized compensation based upon the annual rate of pay for services provided to the Company for the taxable year preceding
the termination, or (ii) the maximum amount ($225,000 in 2007) that may be taken into account pursuant to Section 401(a)(17) of the Internal Revenue Code (the “Code”) for the year in which the Executive has terminated. Any
amounts exceeding such limit, may not be made before the earlier of the date which is six (6) months after the Date of Termination or the date of death of the Executive; or 
 (ii) all payments specified in Section 4(d)(ii) or Section 4(d)(iii) which are subject to Code Section 409A (as defined in
Section 17) but are not made by March 15 of the year immediately following the Date of Termination, may not be made before the earlier of the date which is six (6) months after the Date of Termination or the date of death of the
Executive. 
 Furthermore, any payments pursuant to this Section 4 or Section 6 shall be postponed until six (6) months following the end of
the consulting period so long as the Executive continues to work on a consulting basis for the Company following termination and such consulting requires the Executive to work more than 20% of his average hours worked during the 36 months preceding

  

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his termination. Any payments that were scheduled to be paid during the six (6) month period following the Executive’s Date of Termination, but
which were delayed pursuant to this Section 4(f), shall be paid without interest on, or as soon as administratively practicable after, the first day following the six (6) month anniversary of the Executive’s Date of Termination (or,
if earlier, the date of Executive’s death). Any payments that were originally scheduled to be paid following the six (6) months after the Executive’s Date of Termination, shall continue to be paid in accordance to their predetermined
schedule. 
 5. Post Termination Obligations.  
 (a) Proprietary Information Defined. “Proprietary Information” is all information and any idea in whatever form, tangible or intangible, pertaining in any manner to the business of the Company or any
Affiliated Company, or to its clients, consultants, or business associates, unless: (i) the information is or becomes publicly known through lawful means; (ii) the information was rightfully in the Executive’s possession or part of
his general knowledge prior to his employment by the Company; or (iii) the information is disclosed to the Executive without confidential or proprietary restriction by a third party who rightfully possesses the information (without confidential
or proprietary restriction) and did not learn of it, directly or indirectly, from the Company. 
 (b) General Restrictions on Use of
Proprietary Information. The Executive agrees to hold all Proprietary Information in strict confidence and trust for the sole benefit of the Company and not to, directly or indirectly, disclose, use, copy, publish, summarize, or remove from
Company’s premises any Proprietary Information (or remove from the premises any other property of the Company), except (i) during his employment to the extent necessary to carry out the Executive’s responsibilities under this
Agreement, (ii) after termination of his employment as specifically authorized in writing by the Board and (iii) pursuant to a subpoena; provided, however, that prior to responding to any subpoena, the Executive shall give notice to the
Company and an opportunity for the Company to object to such subpoena. 
 (c) Non-Solicitation and Non-Raiding. To forestall the
disclosure or use of Proprietary Information in breach of Section 5(b), and in consideration of this Agreement, Executive agrees that for a period of two years after termination of his employment, he shall not, for himself or any third party,
directly or indirectly (i) divert or attempt to divert from the Company (or any Affiliated Company) any business of any kind in which it is engaged, including, without limitation, the solicitation of its customers as to products which are
directly competitive with products sold by the Company at the time of the Executive’s termination, or interference with any of its suppliers or customers, or (ii) solicit for employment any person employed by the Company, or by any
Affiliated Company, during the period of such person’s employment and for a period of one year after the termination of such person’s employment with the Company. 
 (d) Contacts with the Press. Following termination, the Executive will continue to abide by the Company’s policy that prohibits discussing
any aspect of Company business with representatives of the press without first obtaining the permission of the Company’s Public Relations Department. 
  

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 (e) Remedies. Nothing in this Section 5 is intended to limit any remedy of the Company under
the California Uniform Trade Secrets Act (California Civil Code Section 3426), or otherwise available under law. 
 6. Severance Payments;
Requirement of Mitigation; Release.  
 (a) Severance Payments. The Company and the Executive acknowledge that it would be
impractical or extremely difficult to fix the Executive’s actual damages in the case of termination at will by the Company pursuant to Section 4(d)(i). Therefore, in the event of such a termination and notwithstanding any other provision
of this Agreement, in exchange for and in consideration of Executive’s execution and non-revocation of a General Release (“Release”) in a form substantially equivalent to the attached Exhibit, which may be amended by the Company, from
time to time, to conform to applicable law, and subject to the mitigation provisions of Section 6(b), the Executive shall be entitled to severance payments made up of the following components: 
 (i) Salary Component. 
 Payment, promptly after termination and in any event within 30 days after the Date of Termination, of a lump sum amount equal to salary, at a monthly rate equal to the highest monthly base salary rate in effect during
the twelve month period preceding the termination of employment times twenty-four (24) months; provided that if the Company had previously notified the Executive in accordance with Section 1(b) that the automatic extension had ceased, the
highest monthly base salary set forth above shall be multiplied by the number of months remaining until the Term Date as if the termination had occurred or, if shorter, the number of months remaining until the first month immediately following the
Executive’s 65th birthday (the “Severance Payment Period”). 
 (ii) AIP and EIC Plan Components.

 (A) Payment, promptly after termination and in any event within 30 days after the Date of Termination, of a lump sum amount
equal to 75% of his Average Annual Bonus, prorated to the Date of Termination. 
 (B) In addition, payment, promptly after
termination, of a lump sum amount equal to 75% of the Executive’s Average Annual Bonus times the number of months remaining in the Severance Payment Period divided by twelve (12). 
 provided, however, that if the Executive meets retirement eligibility on the Date of Termination and thus is eligible to receive a retirement bonus in accordance with the terms of the Company’s AIP Plan, EIC Plan
or any other plan adopted by the Company, the Company may determine, in its sole discretion, to either pay such retirement bonus or pay the amount calculated in accordance with Section 6(a)(ii)(A), but it shall not be obligated to pay
both. 
  

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 (iii) Medical/Dental Plans Component. 
 (A) During the Severance Payment Period, the Company shall: 
 (1) if the Executive participated in a company self-insured medical plan (which does not satisfy the requirements of
Section 105(h)(2)) immediately prior to the Date of Termination, pay to the Executive or cause to have paid on the Executive’s behalf the sum of (x) the Company’s portion of the premium payable under the Company’s group
health plans for providing health benefits (i.e., medical, dental and vision benefits) to the Executive and to those family members covered through Executive under the Company’s group health plans at the time of the commencement of the
Separation Period, such coverage to be provided under the group health plans in which Executive and his covered family members are participating at the time of the commencement of the Separation Period or elect in accordance with the Company’s
applicable established procedures (reduced by any amounts which Executive is required to pay for such health benefit coverage as described in further detail below), and (y) an additional amount (the “Gross-Up Amount”) intended to
compensate Executive for any additional taxes, if any, for which Executive may become liable as a result of the provision of the benefits described in (x) so that Executive’s after-tax income is not decreased as a result of receiving the
benefits described in (x), with such Gross-Up Amount being calculated in accordance with the Company’s reasonable usual and customary procedures for determining tax gross-up payments, as such procedures may change from time to time. If the
Severance Payment Period exceeds twelve (12) months, the Company shall pay or cause to have paid all amounts due under this Section 6(a)(iii)(A) in annual installments, with the first installment due or credited within 30 days after the
Date of Termination and subsequent installments being made or credited on the anniversary thereof; provided, however, that subsequent installments may be reduced or eliminated to the extent that Executive becomes eligible for other health coverage
through a subsequent employer. If the Severance Payment Period is equal to or less than twelve (12) months, the Company shall pay or cause to have paid all amounts due or credited under this Section 6(a)(iii)(A) in one lump sum cash
payment within 30 days after the Date of Termination; or 
 (2) if paragraph (1) above is not applicable (because the
Executive participated in a health benefit program to which Section 105(h) is not applicable, such as the Company’s HMO immediately prior to the Date of Termination), continue benefits under such health plan on the same basis as an
employee of the Company. 
 The purpose of providing the benefits pursuant to this Section 6(a)(iii)(A) shall be to provide the Executive and/or the
Executive’s covered family members with continued health benefits at least equal to those which would have been provided to them in accordance with the Company’s health plans, programs, practices and policies if the Executive’s
employment had not been terminated (with such contributions by the Executive as would have been required had the Executive’s employment not been terminated).The Executive shall not participate in any other Company sponsored welfare benefit
plans after the termination of employment. 
 (B) In addition, if at the end of the Severance Payment Period the Executive
will be age 55 or older and at least 10 years will have passed since the beginning of the Executive’s last period of employment with the Company, continuation of the right to participate in Medical and/or Dental Plans as and if offered to
former employees whose employment terminated at or after age 55 with ten or more years of service on the same terms and conditions as for such former employees including premium contributions from the Executive as in effect from time to time. Such
right to participate shall apply from the time such 

  

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coverage would otherwise terminate pursuant to Section 6(a)(iii)(A) and shall continue until the Executive attains age 65; thereafter the Executive may
participate in the Company’s Retiree Health Plan as and if it may exist from time to time in the future, if he would be eligible to participate pursuant to the terms of that Plan. 
 (iv) SERP Component. Continuation of benefit credits and service accruals under the SERP during the Severance Payment Period, if,
at the end of that period and taking into account such service accruals the Executive will be age 55 or older and will be credited with ten or more years of service under the SERP. During this period, benefit credits shall be based on the
compensation required to be paid under (i) and (ii)(A) and (B), above, without regard to any adjustment made pursuant to paragraph 6(b) below. 
 (v) LTC Program Component. The terms of the award and the plan pursuant to which any LTC Program award was granted will govern the vesting and/or forfeiture of awards upon a termination at will by the Company
or the Executive. 
 (vi) Automobile Component. The Executive shall be entitled to purchase the Company-leased
automobile, if any, being used by the Executive prior to termination at the “buyout amount” specified by the vehicle’s lessor. 
 The parties
acknowledge that the amounts and benefits provided in (i) through (vi) above constitute a reasonable estimate of and compensation for any damages the Executive may suffer as the result of his termination of employment under this Agreement.

 If the Executive does not execute, or having executed, effectively revokes the Release, the Company will not be obligated to provide any benefits or
payments of any kind to the Executive. 
 (b) Coordination of Benefits. The Executive’s medical and dental benefit coverage under
Section 6(a)(iii)(A) and/or (B) shall be secondary to medical and/or dental coverage provided to the Executive by a subsequent employer and the Executive will make every good faith effort to participate in any such coverage. For any period
during which the Executive does not make such a good faith effort the Executive’s medical and dental plan coverage under Section 6(a)(iii)(A) and/or (B) shall be completely suspended. If medical and dental benefit coverage ceases to
be provided by the subsequent employer, Executive may have his Section 6(a)(iii)(A) and/or (B) coverage from the Company become his primary coverage again. The Severance Payment Period shall not be subtracted from the period of months for
which the Executive is eligible for benefits under the Consolidated Omnibus Budget Reconciliation Act of 1985. 
 (c) Lack of
Participation in Qualified Plans. Upon termination of employment the Executive shall cease to participate in any qualified benefit plan maintained by the Company, such as the Pension Plan and the 401(k) Plan, and the Executive shall also cease
to participate in any welfare benefit plan maintained by the Company, except as otherwise provided in Section 6(a)(iii) above or under the terms of such plan. No employee or employer contributions will be made to any qualified benefit plan
based on any bonus paid after the termination of the Executive’s employment. 
  

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 7. Successors.  
 (a) This Agreement is personal to the Executive and without the prior written consent of the Company shall not be assignable by the Executive otherwise than by will or the laws of descent and distribution. This
Agreement shall inure to the benefit of and be enforceable by the Executive’s legal representatives. 
 (b) This Agreement shall inure
to the benefit of and be binding upon the Company and its successors and assigns. 
 (c) The Company will require any successor (whether
direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the
Company would be required to perform it if no such succession had taken place. As used in this Agreement, “Company” shall mean the Company as herein before defined and any successor to its business and/or assets as aforesaid which assumes
and agrees to perform this Agreement by operation of law, or otherwise. 
 8. Notices. All notices or other communications required or
permitted hereunder shall be made in writing. Notice shall be effective on the date of delivery if delivered by hand upon receipt, on the first business day following the date of dispatch if delivered utilizing next day service by a recognized next
day courier to the applicable address set forth below, or if mailed, three (3) business days after having been mailed, postage prepaid, by certified or registered mail, return receipt requested, and addressed to the applicable address set forth
below. Notice given by facsimile shall be effective upon written confirmation of receipt of the facsimile. 
 If to the Executive:

 To the residence address for the Executive last shown on the Company’s payroll records. 
 If to the Company: 
 The Clorox Company

 1221 Broadway 
 Oakland,
California 94612 
 Attention: General Counsel 
 Fax: [                            ] 
 or to such other address as either party shall have furnished to the other in writing in accordance herewith. 
 9. Entire Agreement. Together with the Amended and Restated Change in Control Agreement, between the Executive and the Company, the terms of this Agreement
are intended by the parties to be the final expression of their agreement with respect to the employment of the Executive by the Company and may not be contradicted by evidence of any prior or 

  

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contemporaneous agreement. The parties further intend that this Agreement and said Change in Control Agreement shall constitute the complete and exclusive
statement of their terms and that no extrinsic evidence whatsoever may be introduced in any judicial, administrative, or other legal proceeding involving either Agreement. The Change in Control Agreement and this Agreement supersede any prior
agreements, written or oral, between the Company and the Executive concerning the terms of his employment. 
 10. Amendments; Waivers. This
Agreement may not be modified, amended, or terminated except by an instrument in writing, signed by the Executive and by a duly authorized representative of the Company other than the Executive. By an instrument in writing similarly executed, either
party may waive compliance by the other party with any provision of this Agreement that such other party was or is obligated to comply with or perform, provided, however, that such waiver shall not operate as a waiver of, or estoppel with respect
to, any other or subsequent failure. No failure to exercise and no delay in exercising any right, remedy, or power hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any right, remedy, or power hereunder
preclude any other or further exercise thereof or the exercise of any other right, remedy, or power provided herein or by law or in equity. 
 11.
Severability. If any one or more of the provisions contained in this Agreement, or any application thereof, shall be invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining
provisions contained herein and all other applications thereof shall not in any way be affected or impaired thereby. This Agreement shall be construed and enforced as if such invalid, illegal or unenforceable provision has never comprised a part
hereof, and the remaining provisions hereof shall remain in full force and effect and shall not be affected by the invalid, illegal or unenforceable provision or by its severance herefrom. In lieu of such invalid, illegal or unenforceable provisions
there shall be added automatically as a part hereof a provision as similar in terms and economic effect to such invalid, illegal or unenforceable provision as may be possible and be valid, legal and enforceable. 
 12. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of California, without reference to
principles of conflict of laws. The captions of this Agreement are not part of the provisions hereof and shall have no force or effect. 
 13.
Executive Acknowledgment. The Executive acknowledges (a) that he has consulted with or has had the opportunity to consult with independent counsel of his own choice concerning this Agreement and has been advised to do so by the
Company, and (b) that he has read and understands the Agreement, is fully aware of its legal effect, and has entered into it freely based on his own judgment. 
 14. Arbitration. Any controversy between the Executive, his heirs or estate and the Company or any employee of the Company, including but not limited to, those involving the construction or application of any of the terms,
provisions or conditions of this Agreement or otherwise arising out of or related to this Agreement, shall be settled by arbitration before a single arbitrator in accordance with the then current commercial arbitration rules of the American
Arbitration Association, and judgment on the award rendered by the arbitrator may be entered by any court having jurisdiction thereof. The location of the arbitration shall be San Francisco, California if the Executive’s current or most recent
location of employment with the 

  

 12 

 
Company is or was located in Alameda or Contra Costa County, California. If it is or was elsewhere, the arbitration shall be held at the city nearest to the
Executive’s last location of employment with the Company that has an office of the American Arbitration Association. The arbitrator shall, to the extent that the Executive prevails in the arbitration, award attorney’s fees to the
Executive. 
 15. Representation. The Executive represents and warrants to the Company that he has the legal right to enter into this Agreement
and to perform all of the obligations on his part to be performed hereunder in accordance with its terms and that he is not a party to any agreement or understanding, written or oral, which could prevent him from entering into this Agreement or
performing all of his obligations hereunder. 
 16. Withholdings. The Company may withhold from any amounts payable pursuant to this Agreement
such Federal, state, local or foreign taxes as shall be required to be withheld pursuant to any applicable law or regulation. 
 17. Code
Section 409A. To the extent applicable, it is intended that this Agreement and any payment made hereunder shall comply with the requirements of Section 409A of the Internal Revenue Code, and any related regulations or other
effective guidance promulgated with respect to such Section by the U.S. Department of the Treasury or the Internal Revenue Service (“Code Section 409A”). Any provision that would cause the Agreement or any payment hereof to fail to
satisfy Code Section 409A shall have no force or effect until amended to the minimum extent required to comply with Code Section 409A, which amendment may be retroactive to the extent permitted by Code Section 409A. 
 18. Inconsistency. In the event of any inconsistency between (a) this Agreement and (b) any other plan, program, practice or agreement in which
the Executive participates or is a party, this Agreement shall control unless such other agreement provides explicitly to the contrary. 
 19.
Counterparts. This Agreement may be executed in several counterparts, each of which shall be deemed to be an original but all of which together will constitute one and the same instruments. One or more counterparts of this Agreement
may be delivered by facsimile, with the intention that delivery by such means shall have the same effect as delivery of an original counterpart thereof. 
  

 13 

 The parties have duly executed this Agreement as of the date that first appears at the beginning of this Agreement.

  

									
	THE CLOROX COMPANY	 		 	
	The Company	 		 	
					
	By:	 	 	 		 		 	 
		 	[                                    ]	 		 		 	(Executive)
		 	It’s [                    ]	 		 		 	

  

 14 

 EXHIBIT 
 GENERAL RELEASE 
 This document is an important one. You should review it carefully and, if
you agree to it, sign at the end on the line indicated. 
 You have 21 days to sign this Release, during which time you are advised to
consult with an attorney regarding its terms. 
 After signing this Release, you have seven days to revoke it. Revocation should be
made in writing and delivered so that it is received by the Corporate Secretary of The Clorox Company, 1221 Broadway, Oakland, CA 94612 no later than 4:30 p.m. on the seventh day after signing this Release. If you do revoke this Release within that
time frame, you will have no rights under it. This Release shall not become effective or enforceable until the seven day revocation period has expired. 
 The agreement for payment of consideration in paragraph 2 will not become effective until the seven day revocation period has passed. 
 This GENERAL RELEASE is entered into between The Clorox Company (hereinafter referred to as “Employer”) and
                                     (hereinafter referred to
as “Executive”). Employer and Executive agree as follows: 
 1. Executive’s regular employment with Employer will terminate as
of                     , 20_. Executive is ineligible for reemployment or reinstatement with Employer. 
 2. Upon Executive’s acceptance of the terms set forth herein, the Employer agrees to provide the Executive with compensation and benefits set forth
in Section 6 of the Amended and Restated Employment Agreement between the Executive and the Employer (the “Employment Agreement”), a copy of which is attached as the first Exhibit to this General Release. A complete description of
those benefits is attached as the second Exhibit to this General Release. 
  

 15 

 3. (a) In consideration of the Employer providing Executive this compensation, Executive and
Executive’s heirs, assignees and agents agree to release the Employer, all affiliated companies, agents and employees and each of their successors and assigns (hereinafter referred to as “Releasees”) fully and finally from any claims,
liabilities, demands or causes of action which Executive may have or claim to have against the Releasees at present or in the future, except claims for vested benefits, if any. The claims released may include, but are not limited to, any tax
obligations as a result of the payment of consideration referred to in paragraph 2, and claims arising under federal, state or local laws prohibiting discrimination in employment, including the Age Discrimination in Employment Act (ADEA) or claims
growing out of any legal restrictions on the Employer’s right to terminate its employees. Claims of discrimination, wrongful termination, age discrimination, and any claims other than for vested benefits are hereby released. 
 (b) By signing this document, Executive agrees not to file a lawsuit to assert such claims. Executive also agrees that if Executive breaches this
provision, Executive will be liable for all costs and attorneys’ fees incurred by any Releasee resulting from such action. 
 4. By
signing this document, Executive is also expressly waiving the provisions of California Civil Code section 1542, which provides as follows: 
 “A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the
debtor.” 
 By signing this document, Executive agrees and understands that Executive is releasing unknown as well as known claims
related to Executive’s employment in exchange for the compensation set forth above. 
 5. Executive agrees to maintain in complete
confidence the terms of this Release, except as it may be necessary to comply with a legally compelled request for information. It is agreed since confidentiality of this Release is of the essence, damages for violation being impossible to assess
with precision, that $10,000 is a fair estimate of the damage caused by each disclosure and is agreed to as the measure of damages for each violation. 
  

 16 

 6. Executive agrees to indemnify and hold Employer harmless from and against any tax obligations for
which Executive may become liable as a result of this Release and/or payments made pursuant to the Employment Agreement, other than tax obligations of the Employer resulting from the nondeductibility of any payments made pursuant to this Release or
the Employment Agreement. 
 7. Agreeing to this Release shall not be deemed or construed by either party as an admission of liability or
wrongdoing by either party. 
 8. This Release, the Employment Agreement and the plans of The Clorox Company referred to in the Employment
Agreement set forth the entire agreement between Executive and the Employer. This Release and the Employment Agreement are not subject to modification except in writing executed by both of the parties. The Clorox Company plan documents of plans
referred to in the Employment Agreement may be amended in accordance with the provisions of those plans. 
 Executive acknowledges by signing
below that Executive has not relied upon any representations, written or oral, not set forth in this Release. 
 Executive 
 Dated: 
 THE CLOROX COMPANY 
 By: __________________ 
 Dated: 
  

 17Employment Agreement - Claire Babrowski

 Exhibit 10.55 
 EMPLOYMENT AGREEMENT 
 CLAIRE BABROWSKI 
 This EMPLOYMENT AGREEMENT (the “Agreement”) is dated as of May 29, 2007 (the “Execution Date”) by and between Toys
“R” Us, Inc. (the “Company”), a subsidiary of Toys “R” Us Holdings, Inc. (“Holdings”), and Claire Babrowski (the “Executive”). 
 WHEREAS, as of the Execution Date, the Company desires to employ Executive and to enter into an agreement embodying the terms of such employment
and Executive desires to accept such employment and enter into such an agreement. 
 NOW, THEREFORE, in consideration of the premises
and mutual covenants herein and for other good and valuable consideration, the parties agree as follows: 
 1. Term of Employment.
Subject to the provisions of Section 7 of this Agreement, Executive shall be employed by the Company and, as described below, designated subsidiaries of the Company, for a period commencing on June 1, 2007 (the “Hire
Date”) and ending on the fifth anniversary of the Hire Date (the “Initial Term”), on the terms and subject to the conditions set forth in this Agreement. Following the Initial Term, the term of Executive’s employment
hereunder shall automatically be renewed on the terms and conditions hereunder for additional one year periods commencing on each anniversary of the last day of the Initial Term (the Initial Term and any annual extensions of the term of this
Agreement, subject to the provisions of Section 7 hereof, together, the “Employment Term”), unless either party gives written notice of non-renewal at least 60 days prior to such anniversary. 
 2. Position. 
 a.
During the Employment Term, Executive shall serve as Executive Vice President – Chief Operating Officer (“COO”) of the Company, Toys “R” Us – Delaware, Inc. and any other subsidiaries of the Company that the board of
directors of the Company (the “Board”) designates (such entities collectively referred to as the “TRU Group”) or in such other capacities as the Company may determine from time to time. In such position as the COO,
Executive shall have such duties and authority as determined by the Board and the board of directors of each subsidiary of the Company, as applicable (each, a “Subsidiary Board”). During the Employment Term, the Executive shall
report to the Chief Executive Officer of the Company (“CEO”) and of each Subsidiary, as applicable or such other persons as the Company may determine from time to time. 
 b. During the Employment Term, Executive will devote Executive’s full business time and reasonable best efforts to the performance of
Executive’s duties hereunder and will not engage in any other business, profession or occupation for compensation or otherwise which would conflict or interfere in any material respect with the rendition of such services either directly or
indirectly, without the prior written consent of the CEO; provided that nothing herein shall preclude Executive from continuing to serve on any board of directors or trustees, advisory board or government commission which is listed on
Exhibit A attached hereto, or, subject to the prior approval of the CEO, from accepting appointment to serve on any board of 

 
directors or trustees of any business corporation or any charitable organization; provided in each case in the aggregate, that such activities do not
conflict or interfere with the performance of Executive’s duties hereunder or conflict with Section 8. 
 3. Base Salary.
During the Employment Term, the Company shall pay Executive a base salary at the annual rate of $700,000, payable in substantially equal periodic payments in accordance with the Company’s practices for other executive employees, as such
practices may be determined from time to time. Executive shall be entitled to such increases in Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the Board or any appropriate committee or delegee
thereof, which shall at least annually review Executive’s rate of base salary to determine if any such increase shall be made. Executive’s annual base salary, as in effect from time to time hereunder, is hereinafter referred to as the
“Base Salary.” 
 4. Annual Bonus. During the Employment Term, Executive shall be eligible to earn an annual bonus
award in respect of each fiscal year of the Company (an “Annual Bonus”), in a target amount of up to 110% of Executive’s Base Salary (the “Target Bonus”), payable upon the Company’s achievement of certain
performance targets established by the Board or any appropriate committee or delegee thereof and pursuant to the terms of the Company’s incentive plan, as in effect from time to time. Notwithstanding the foregoing, in the event the
Company’s performance exceeds such performance targets, Executive shall be eligible to earn an Annual Bonus in an amount in excess of the Target Bonus, as determined by the Board or any appropriate committee or delegee thereof in accordance
with the Company’s incentive plan, as in effect from time to time. Executive shall be eligible to earn an Annual Bonus for the Company’s 2007 fiscal year in accordance with the foregoing. 
 5. Employee Benefits; Perquisites; Business and Relocation Expenses. 
 a. Employee Benefits. During the Employment Term, Executive and her spouse and dependents, as applicable, shall be entitled to
participate in the Company’s welfare benefit plans and retirement plans, including, without limitation, the Company’s 401(k) and supplemental executive retirement plans and medical, dental and life insurance plans, as in effect from time
to time (collectively, the “Employee Benefits”), on the same basis as those benefits are or may be made available to the other senior executives of the Company (other than benefits which have been terminated or for which
participation has been frozen as of the Hire Date). The Company shall be permitted to modify such benefits from time to time consistent with any modifications that impact other senior executives of the Company. 
 b. Perquisites. During the Employment Term, Executive shall be entitled to receive such perquisites as are made available to other
senior executives of the Company in accordance with the Company’s policies, as in effect from time to time. Executive shall be entitled to not less than four (4) weeks of paid vacation per year, which vacation shall be taken at such times
as are reasonably acceptable to the Company in light of the Company’s operations, Executive’s performance of her duties, and in accordance with the terms of the Company’s vacation policy, as in effect from time to time, applicable to
Executive. 
  

 2 

 c. Business Expenses. During the Employment Term, reasonable business expenses
incurred by Executive in the performance of Executive’s duties hereunder shall be reimbursed by the Company in accordance with the Company’s policies, as in effect from time to time, applicable to senior executive officers of the Company.

 d. Relocation Expenses. The Company shall reimburse Executive for relocation costs, including guaranteed home
purchase (with a presumed sale date by December 31, 2007), she reasonably incurs in connection with relocating her family on or by December 31, 2007 to the area in proximity of Wayne, New Jersey, to the extent consistent with the
Company’s Relocation Policy for Homeowners and Renters (GBO) for Executives and Officers (“Relocation Policy”) or as mutually agreed upon by Executive and the Company; provided, that Executive shall be provided with temporary
corporate housing for up to six (6) months to be direct billed to the Company. 
 6. Equity. After the Hire Date, subject to
approval of the Board of Directors of Holdings, and at a time specified by the Board of Directors, Executive shall purchase restricted stock in Holdings in an aggregate amount of $400,000. The price of all restricted stock so purchased shall be the
greater of the fair market value of the restricted stock on the date hereof or at the time of grant. Additionally, at the time Executive purchases the restricted stock, Holdings shall make a grant of options to Executive to acquire 102,687 shares of
stock with a strike price equal to the fair market value of the stock on the date of grant. All grants of stock and options shall be pursuant to the Holdings 2005 Management Equity Plan (“MEP”), as the MEP may be amended from time to time.
Holdings and Executive shall enter into certain agreements in connection with the foregoing grants (the “Equity Documents”). Executive acknowledges that Holdings is considering amendments to the MEP and the Holdings equity capitalization;
to the extent any such changes are made, the intention of the parties is to provide Executive with substantially the economic equivalent of the above described grants. 
 7. Termination. The Employment Term and Executive’s employment hereunder may be terminated by either party at any time and for any reason; provided that Executive will be required to give the
Company at least 60 days’ advance written notice of any resignation of Executive’s employment without Good Reason (as defined in Section 7(c) below) (other than due to Executive’s death or Disability). Notwithstanding any other
provision of this Agreement, the provisions of this Section 7 shall exclusively govern Executive’s rights upon termination of employment with the TRU Group; provided, however, that nothing contained in this Section 7 shall alter
Executive’s or Holdings’ rights with respect to the Equity Documents, which shall continue to govern Executive’s equity holdings following any termination in accordance herewith. 
 a. By the Company For Cause or By Executive Without Good Reason. 
 (i) The Employment Term and Executive’s employment hereunder may be terminated by the Company for Cause (as defined below) and shall
terminate automatically upon Executive’s resignation without Good Reason (other than due to Executive’s death or Disability); provided that Executive will be required to give the Company at least 60 days’ advance written notice
of such resignation. 
  

 3 

 (ii) For purposes of this Agreement, “Cause” shall mean any of the
following, as determined by the CEO: (A) Executive’s willful failure to perform any material portion of her duties after Executive is provided written notice of the foregoing with an opportunity to cure for fifteen (15) days;
(B) the commission of any fraud, misappropriation or misconduct by Executive that causes demonstrable injury, monetarily or otherwise, to the Company or an affiliate; (C) the conviction of, or pleading guilty or nolo contendere to, a
felony involving moral turpitude; (D) an act resulting or intended to result, directly or indirectly, in material gain or personal enrichment to the Executive at the expense of the Company or an affiliate; (E) any material breach of
Executive’s fiduciary duties to the Company or an affiliate as an employee or officer; (F) a violation of the Company’s Code of Ethical Standards, Business Practices and Conduct or any other violation of a TRU Group policy;
(G) the failure by the Executive to comply, in any material respect, with the provisions of Sections 8 and 9 of this Agreement or any of the restrictive covenants imposed pursuant to the Equity Documents; or (H) the failure by the
Executive to comply with any other undertaking set forth in this Agreement or any other agreement Executive has with the Company or any affiliate or any breach by Executive hereof or thereof if such failure or breach is reasonably likely to result
in a material injury to the Company or an affiliate after Executive is provided written notice of the foregoing with an opportunity to cure for fifteen (15) days. 
 (iii) If Executive’s employment is terminated by the Company for Cause, or if Executive resigns without Good Reason, Executive shall
be entitled to receive: 
 (A) a lump sum payment of the Base Salary that is earned by Executive but unpaid as of the date of
Executive’s termination of employment, paid in accordance with the Company’s payroll practices, but in no event later than thirty (30) days following Executive’s termination of employment; 
 (B) a lump sum payment of any Annual Bonus that is earned by Executive but unpaid as of the date of termination for the immediately
preceding fiscal year, paid in accordance with Section 4 (except to the extent payment is otherwise deferred pursuant to any applicable deferred compensation arrangement with the Company); 
 (C) reimbursement, within 30 days following submission by Executive to the Company of appropriate supporting documentation, for any
unreimbursed business expenses properly incurred by Executive in accordance with the Company policy referenced in Section 5(c) above prior to the date of Executive’s termination; provided claims for such reimbursement (accompanied by
appropriate supporting documentation) are submitted to the Company within ninety (90) days following the date of Executive’s termination of employment; and 
 (D) such Employee Benefits, if any, as to which Executive may be entitled under the employee benefit plans of the Company (the amounts
described in clauses (A) through (D) hereof being referred to as the “Accrued Rights”). 
  

 4 

 Following such termination of Executive’s employment by the Company for Cause or resignation by Executive without
Good Reason, except as set forth in this Section 7(a)(iii), Executive shall have no further rights to any compensation or any other benefits under this Agreement. 
 b. Disability or Death. 
 (i) The Employment Term and Executive’s employment hereunder shall terminate upon Executive’s death and may be terminated by the Company upon the Executive’s Disability. For purposes of this Agreement,
“Disability” shall mean the determination that the Executive is disabled pursuant to the terms of the Company’s long term disability plan. 
 (ii) Upon termination of Executive’s employment hereunder for either Disability or death, Executive or Executive’s estate (as the case may be) shall be entitled to receive: 
 (A) the Accrued Rights; 
 (B) a lump sum payment of any Annual Bonus that is earned by Executive but unpaid as of the date of termination for the immediately preceding fiscal year, paid in accordance with Section 4 (except to the extent
payment is otherwise deferred pursuant to any applicable deferred compensation arrangement with the Company); and 
 (C) a
pro rata portion of the Annual Bonus, if any, that Executive would have been entitled to receive pursuant to Section 4 hereof for such year based upon the Company’s actual results for the year of termination and the percentage of the
fiscal year that shall have elapsed through the date of Executive’s termination of employment, payable to Executive pursuant to Section 4 had Executive’s employment not terminated. 
 Following Executive’s termination of employment due to Executive’s death or Disability, except as set forth in this Section 7(b)(ii), Executive or her
estate, as applicable, shall have no further rights to any compensation or any other benefits under this Agreement. 
 c.
By the Company Without Cause or by Executive for Good Reason. 
 (i) Executive’s employment hereunder may be
terminated (A) by the Company without Cause (which shall not include Executive’s termination of employment due to her death or Disability) or (B) by Executive for Good Reason (as defined below). 
 (ii) For purposes of this Agreement, “Good Reason” shall mean, without the consent of the Executive and other than in
connection with a termination of the Executive’s employment by the Company for Cause or due to Executive’s death or Disability, (A) the failure of the Company to pay any undisputed amount due under this Agreement; or (B) a
substantial reduction in Executive’s targeted compensation level (other than a general reduction in base salary or annual incentive compensation opportunities that affects all members of senior management of the Company proportionally).
Notwithstanding the foregoing, any termination 

  

 5 

 
by Executive for Good Reason may only occur if Executive provides a Notice of Termination (as defined in Section 7(d)) for Good Reason within 45 days
after Executive learns (or reasonably should have learned) about the occurrence of the event giving rise to the claim of Good Reason. Notwithstanding the foregoing, resignation by Executive shall not be deemed for “Good Reason” if the
basis for such Good Reason is cured within a reasonable period of time (determined in light of the cure appropriate to the basis of such Good Reason), but in no event more than thirty (30) business days after the Company receives the Notice of
Termination specifying the basis of such Good Reason. The Company’s good faith determination of cure shall be binding. The Company shall notify Executive of the timely cure of any claimed event of Good Reason and the manner in which such cure
was effected, and any Notice of Termination delivered by Executive based on such claimed Good Reason shall be deemed withdrawn and shall not be effective to terminate the Employment Term. 
 (iii) If Executive’s employment is terminated by the Company without Cause (excluding by reason of Executive’s death or
Disability) or by Executive for Good Reason, Executive shall be entitled to receive: 
 (A) the Accrued Rights; 

(B) a lump sum payment of any Annual Bonus that is earned by Executive but unpaid as of the date of termination for the immediately
preceding fiscal year, paid in accordance with Section 4 (except to the extent payment is otherwise deferred pursuant to any applicable deferred compensation arrangement with the Company); 
 (C) subject to Executive’s continued compliance with the provisions of Sections 8 and 9 and Executive’s execution (and
non-revocation) of a release of all claims against the TRU Group in a form substantially similar to the Separation and Release Agreement attached hereto as Exhibit B (the “Release”), a pro rata portion of the Annual Bonus, if
any, that Executive would have been entitled to receive pursuant to Section 4 hereof for such year based upon the Company’s actual results for the year of termination and the percentage of the fiscal year that shall have elapsed through
the date of Executive’s termination of employment, payable to Executive pursuant to Section 4 had Executive’s employment not terminated; 
 (D) subject to Executive’s continued compliance with the provisions of Sections 8 and 9 and Executive’s execution (and non-revocation) of the Release, an amount equal to the sum of (x) the product of
the Severance Period (expressed in years as described below) times the Base Salary at the rate in effect immediately prior to the date of Executive’s termination of employment and (y) one (1) times the actual Annual Bonus received in
respect of the fiscal year immediately preceding the year of Executive’s termination of employment (the “Prior Bonus”), payable in equal installments during the Severance Period, in accordance with the Company’s periodic
payroll practices; provided, however, that the aggregate amount described in this subsection (D) shall be in lieu of notice or any other severance amounts to which the Executive may otherwise be entitled and shall be reduced by
any amounts owed by Executive to the Company or any affiliate. For purposes of clause (y) of this subsection (D), if Executive’s employment is terminated prior to her first opportunity to receive an Annual Bonus, 

  

 6 

 
the Annual Bonus, if any, that Executive would have been entitled to receive pursuant to Section 4 hereof for such year based upon the Company’s
actual results for the year of termination will be substituted for the Prior Bonus. For purposes of this subsection (D), the “Severance Period” shall initially be a twelve (12) month period commencing on the Executive’s
termination of employment, which period shall be increased by three (3) months on each anniversary of the Hire Date prior to such termination of employment, up to a maximum of twenty-four (24) months; and 
 (E) continuation of medical, dental and life insurance benefits (pursuant to the same benefit plans as in effect for active employees of
the Company), with Executive paying a portion of such costs as if Executive’s employment had not terminated, until the earlier to occur of (1) the end of the Severance Period and (2) the date on which Executive commences to be
eligible for coverage under medical, dental and life insurance benefit plans from any subsequent employer, except to the extent that such continued coverage is not possible under the general terms and provisions of such plan(s) of the Company. In
order to facilitate any such possible coverage, Executive and her spouse and dependents, as applicable, in accordance with the Company’s policies in effect at the time of Executive’s termination, shall agree to elect continuation coverage
in accordance with the provisions of the Consolidated Omnibus Budget Reconciliation Act of 1986, as amended (“COBRA Coverage”) and the Company may satisfy its obligations hereunder by paying a portion of the premiums required for
such COBRA Coverage. 
 Following Executive’s termination of employment by the Company without Cause (excluding by reason of Executive’s death or
Disability) or by Executive for Good Reason, except as set forth in this Section 7(c)(iii), Executive shall have no further rights to any compensation or any other benefits under this Agreement. 
 d. Notice of Termination. Any purported termination of employment by the Company or by Executive (other than due to
Executive’s death) shall be communicated by written Notice of Termination to the other party hereto in accordance with Section 12(g) hereof. For purposes of this Agreement, a “Notice of Termination” shall mean a notice
which shall indicate the specific termination provision in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of employment under the provision so indicated.

 e. Board/Committee Resignation. Upon termination of Executive’s employment for any reason, Executive agrees to
resign, as of the date of such termination and to the extent applicable, from the Board and any Subsidiary Boards (and any committees thereof). 
 8. Non-Competition. 
 a. Executive acknowledges and recognizes the highly competitive nature of the
businesses of Holdings and its affiliates and accordingly agrees as follows: 
 (i) During the Employment Term and
(x) during the Severance Period following any termination of the Employment Term pursuant to Section 7(c) hereof or (y) during the two-year period after any termination or expiration of the Employment Period for reason 

  

 7 

 
other than pursuant to Section 7(c) hereof (in each case, the “Restricted Period”), Executive will not, whether on Executive’s own
behalf or on behalf of or in conjunction with any person, firm, partnership, joint venture, association, corporation or other business organization, entity or enterprise whatsoever (“Person”), directly or indirectly: 
 (A) engage in any business that directly or indirectly is a “Competitive Business.” For purposes of this subsection (A) a
“Competitive Business” means, with respect to the Executive at any time, any Person engaged wholly or in part (directly or through one or more subsidiaries) in the manufacture, marketing, retail sale or distribution (including in stores or
via mail order, e-commerce, or similar means) of “Competing Products,” if more than one-third (1/3) of such Person’s gross sales are generated by engaging in such sale or distribution of Competing Products. Without limiting the
foregoing, Competitive Businesses shall in any event include, Wal-Mart, K-Mart/Sears, Target, Amazon, Zellers, Right Start, Zany Brainy, FAO Schwartz, Buy Buy Baby, e-toys, KB Toys, Burlington Coat Factory, Mattel, Hasbro, Lego, Bandai, Playmobil,
Ravensburger, Evenflo, Graco/Little Tikes, Chicco, Cosco, Maclaren, Britax, Woolworths, Argos, Tesco, Asda, Mothercare, Carrefour, Auchan, Leclerc, La Grande Recre, Karstadt, Real, Kaufhof, Mueller, El Corte Ingles, Loblaws, or any of their
respective subsidiaries. For purposes of this subsection (A) “Competing Products” means, with respect to the Executive at any time, (1) toys and games, (2) video games, computer software for children, and electronic toys or
games, (3) juvenile or baby products, apparel, equipment, furniture, or consumables, (4) wheeled goods for children, and (5) any other product or group of related products that represents more than twenty (20) percent of the
gross sales of Holdings and its subsidiaries for the twelve (12) month period preceding such time (or with respect to the period after the Executive’s termination date, as of such termination date); 
 (B) enter the employ of, or render any services to, any Person (or any division or controlled or controlling affiliate of any Person) who
or which engages in a Competitive Business; 
 (C) acquire a financial interest in, or otherwise become actively involved
with, any Competitive Business, directly or indirectly, as an individual, partner, shareholder, officer, director, principal, agent, trustee or consultant; or 
 (D) interfere with, or attempt to interfere with, business relationships (whether formed before, on or after the date of this Agreement)
between Holdings or any of its affiliates and customers, clients, suppliers, partners, members or investors of Holdings or its affiliates. 
 (E) Notwithstanding anything to the contrary in this Agreement, Executive may, directly or indirectly own, solely as a passive investment, securities of any Person engaged in a Competitive Business which are publicly
traded on a national or regional stock exchange or on the over-the-counter market or which are privately held if Executive (x) is not a controlling Person of, or a member of a group which controls, such Person and (y) does not, directly or
indirectly, own 3% or more of any class of securities of such Person which is publicly traded or privately held. 
  

 8 

 (ii) During the Restricted Period, Executive will not, whether on Executive’s own
behalf or on behalf of or in conjunction with any Person, directly or indirectly: 
 (A) solicit to leave the employment of,
or encourage any employee of Holdings or its affiliates to leave the employment of, Holdings or its affiliates; or 
 (B)
hire any such employee (other than clerical or administrative support personnel) who was employed by Holdings or its affiliates as of the date of Executive’s termination of employment with the Company or who left the employment of Holdings or
its affiliates coincident with, or within one year prior to, the termination of Executive’s employment with the Company. 
 (iii) During the Restricted Period, Executive will not, directly or indirectly, solicit to leave the employment of, or encourage to cease to work with, as applicable, Holdings or its affiliates any consultant, supplier or service provider
then under contract with Holdings or its affiliates. 
 b. It is expressly understood and agreed that although Executive and
the Company consider the restrictions contained in this Section 8 to be reasonable, if a final judicial determination is made by a court of competent jurisdiction that the time or territory or any other restriction contained in this Agreement
is an unenforceable restriction against Executive, the provisions of this Agreement shall not be rendered void but shall be deemed amended to apply as to such maximum time and territory and to such maximum extent as such court may judicially
determine or indicate to be enforceable. Alternatively, if any court of competent jurisdiction finds that any restriction contained in this Agreement is unenforceable, and such restriction cannot be amended so as to make it enforceable, such finding
shall not affect the enforceability of any of the other restrictions contained herein. 
 9. Confidentiality. 
 a. Executive will not at any time (whether during or after Executive’s employment with the Company), except when required to perform
her duties to the TRU Group, (x) retain or use for the benefit, purposes or account of Executive or any other Person; or (y) disclose, divulge, reveal, communicate, share, transfer or provide access to any Person outside the TRU Group
(other than its professional advisers who are bound by confidentiality obligations), any non-public, proprietary or confidential information —including without limitation rates, trade secrets, know-how, research and development, software,
databases, inventions, processes, formulae, technology, designs and other intellectual property, information concerning finances, investments, profits, pricing, costs, products, services, vendors, customers, clients, partners, investors, personnel,
compensation, recruiting, training, advertising, sales, marketing, promotions, government and regulatory activities and approvals — concerning the past, current or future business, activities and operations of Holdings and its subsidiaries
and/or any third party that has disclosed or provided any of same to Holdings and its subsidiaries on a confidential basis (“Confidential Information”) without the prior written authorization of the CEO. 
  

 9 

 b. “Confidential Information” shall not include any information that is
(x) generally known to the industry or the public other than as a result of Executive’s breach of this covenant or any breach of other confidentiality obligations by third parties; (y) required by law or judicial process to be
disclosed; provided that Executive shall give prompt written notice to Holdings of such requirement, disclose no more information than is so required, and cooperate with any attempts by Holdings to obtain a protective order or similar treatment; or
(z) disclosed in connection with a litigation or arbitration proceeding between the parties. 
 c. Except as required by
law or judicial process, Executive will not disclose to anyone, other than Executive’s immediate family, legal and/or financial advisors, the existence or contents of this Agreement; provided that Executive may disclose to any
prospective future employer the provisions of Sections 8 and 9 of this Agreement, provided they agree to maintain the confidentiality of such terms. 
 d. Upon termination of Executive’s employment with the TRU Group for any reason, Executive shall (x) cease and not thereafter commence use of any Confidential Information or intellectual property (including
without limitation, any patent, invention, copyright, trade secret, trademark, trade name, logo, domain name or other source indicator) owned by Holdings, its subsidiaries or affiliates; (y) immediately destroy, delete, or return to Holdings,
at Holdings’ option, all originals and copies in any form or medium (including memoranda, books, papers, plans, computer files, letters and other data) in Executive’s possession or control (including any of the foregoing stored or located
in Executive’s office, home, laptop or other computer, whether or not Holdings property) that contain Confidential Information or otherwise relate to the business of Holdings, its affiliates or subsidiaries (whether or not the retention or use
thereof would reasonably be expected to result in a demonstrable injury to Holdings, its affiliates or subsidiaries), except that Executive may retain only those portions of any personal notes, notebooks and diaries that do not contain any
Confidential Information; and (z) notify and fully cooperate with Holdings regarding the delivery or destruction of any other Confidential Information of which Executive is or becomes aware. 
 e. Executive shall not improperly use for the benefit of, bring to any premises of, divulge, disclose, communicate, reveal, transfer or
provide access to, or share with the TRU Group any confidential, proprietary or non-public information or intellectual property relating to a former employer or other third party without the prior written permission of such third party. Executive
hereby indemnifies, holds harmless and agrees to defend the TRU Group and its respective officers, directors, partners, employees, agents and representatives from any actual breach of the foregoing covenant. During the Employment Term, Executive
shall comply with all relevant written policies and guidelines of Holdings and its subsidiaries and affiliates which have been made available or disclosed to her, including regarding the protection of Confidential Information and intellectual
property and potential conflicts of interest. Executive acknowledges that Holdings and its subsidiaries and affiliates may amend any such policies and guidelines from time to time, and that Executive remains at all times bound by their most current
version; provided, however, that Executive shall not be bound by any such amendments unless and until Executive receives notice of such amendments and copies thereof are made available or disclosed to her. 
  

 10 

 f. The provisions of this Section 9 shall survive the termination of
Executive’s employment for any reason. 
 10. Specific Performance. Executive acknowledges and agrees that the Company’s
remedies at law for a breach or threatened breach of any of the provisions of Sections 8 or 9 would be inadequate and the Company and its subsidiaries and affiliates would suffer irreparable damages as a result of such breach or threatened breach.
In recognition of this fact, Executive agrees that, in the event of such a breach or threatened breach, in addition to any remedies at law, the Company, without posting any bond, shall be entitled to cease making any payments or providing any
benefit otherwise required by this Agreement and obtain equitable relief in the form of specific performance, temporary restraining order, temporary or permanent injunction or any other equitable remedy which may then be available. 
 11. Arbitration. Except as provided in Section 10, any other dispute arising out of or asserting breach of this Agreement, or any statutory
or common law claim by Executive relating to her employment under this Agreement or the termination thereof (including any tort or discrimination claim), shall be exclusively resolved by binding statutory arbitration in accordance with the
Employment Dispute Resolution Rules of the American Arbitration Association. Such arbitration process shall take place in New York, New York. A court of competent jurisdiction may enter judgment upon the arbitrator’s award. Each party shall pay
the costs and expenses of arbitration (including fees and disbursements of counsel) incurred by such party in connection with any dispute arising out of or asserting breach of this Agreement. 
 12. Miscellaneous. 
 a. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of New Jersey, without regard to conflicts of laws principles thereof. 
 b. Entire Agreement/Amendments. This Agreement and the Equity Documents contain the entire understanding of the parties with
respect to the employment of Executive by the TRU Group. There are no restrictions, agreements, promises, warranties, covenants or undertakings between the parties with respect to the subject matter herein other than those expressly set forth herein
and therein. This Agreement may not be altered, modified, or amended except by written instrument signed by the parties hereto. 
 c. No Waiver. The failure of a party to insist upon strict adherence to any term of this Agreement on any occasion shall not be considered a waiver of such party’s rights or deprive such party of the right thereafter to insist
upon strict adherence to that term or any other term of this Agreement. 
 d. Severability. In the event that any one
or more of the provisions of this Agreement shall be or become invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions of this Agreement shall not be affected thereby. 
  

 11 

 e. Assignment. This Agreement, and all of Executive’s rights and duties
hereunder, shall not be assignable or delegable by Executive; provided, however, that if Executive shall die, all amounts then payable to Executive hereunder shall be paid in accordance with the terms of this Agreement to
Executive’s devisee, legatee or other designee or, if there be no such devisee, legatee or designee, to Executive’s estate. Any purported assignment or delegation by Executive in violation of the foregoing shall be null and void ab
initio and of no force and effect. This Agreement may be assigned by the Company to a person or entity which is an affiliate, and shall be assigned to any successor in interest to substantially all of the business operations of the Company. Upon
such assignment, the rights and obligations of the Company hereunder shall become the rights and obligations of such affiliate or successor person or entity. Further, the Company will require any successor (whether, direct or indirect, by purchase,
merger, consolidation, or otherwise) to all or substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to
perform it if no such succession had taken place. As used in this Agreement, “Company” shall mean the Company and any successor to its business and/or assets which is required by this Section 12(e) to assume and agree to
perform this Agreement or which otherwise assumes and agrees to perform this Agreement; provided, however, in the event that any successor, as described above, agrees to assume this Agreement in accordance with the preceding sentence,
as of the date such successor so assumes this Agreement, the Company shall cease to be liable for any of the obligations contained in this Agreement. 
 f. Set Off; Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall not be subject to set-off, counterclaim or recoupment, other
than amounts loaned or advanced to Executive by the Company or its affiliates, amounts owed by Executive under the Equity Documents, or otherwise as provided in Section 7(c) hereof. Executive shall not be required to mitigate the amount of any
payment provided for pursuant to this Agreement by seeking other employment or otherwise and the amount of any payment provided for pursuant to this Agreement shall not be reduced by any compensation earned as a result of Executive’s other
employment or otherwise. 
 g. Notice. For the purpose of this Agreement, notices and all other communications provided
for in the Agreement shall be in writing and shall be deemed to have been duly given when delivered by hand or overnight courier or three days after it has been mailed by United States registered mail, return receipt requested, postage prepaid,
addressed to the respective addresses set forth below in this Agreement, or to such other address as either party may have furnished to the other in writing in accordance herewith, except that notice of change of address shall be effective only upon
receipt. 
  

 12 

 If to the Company: 
 Toys “R” Us, Inc. 
 One Geoffrey Way 
 Wayne, New Jersey 07470 
 Attention: General
Counsel 
 If to Executive: 
 To
the most recent address of Executive set forth in the personnel records of the Company. 
 h. Executive Representation.
Executive hereby represents to the Company that the execution and delivery of this Agreement by Executive and the performance by Executive of Executive’s duties hereunder shall not constitute a breach of, or otherwise contravene, the terms of
any employment agreement or other agreement or policy to which Executive is a party or otherwise bound. Additionally, Executive is not bound by any agreement which limits Executive’s ability to compete with any former employer or to solicit or
hire for employment any employee or consultant of any former employer. 
 i. Prior Agreements. This Agreement
supercedes all prior agreements and understandings (including verbal agreements) between Executive and the Company and/or its affiliates regarding the terms and conditions of Executive’s employment with the Company and/or its affiliates;
provided, however, that the Equity Documents shall govern the terms and conditions of Executive’s equity holdings in Holdings. 
 j. Cooperation. Executive shall provide Executive’s reasonable cooperation in connection with any action or proceeding (or any appeal from any action or proceeding) which relates to events occurring during
Executive’s employment hereunder, but only to the extent the Company requests such cooperation with reasonable advance notice to Executive and in respect of such periods of time as shall not unreasonably interfere with Executive’s ability
to perform her duties with any subsequent employer; provided, however, that the Company shall pay any reasonable travel, lodging and related expenses that Executive may incur in connection with providing all such cooperation, to the
extent approved by the Company prior to incurring such expenses. Further, Executive hereby consents to the disclosure of information about Executive that the Company is required to disclose in its annual report on Form 10-K or in other reports
required to be filed with the Securities and Exchange Commission under the Securities Act of 1933 or the Securities Exchange Act of 1934 and the rules and regulations thereunder. 
 k. Withholding Taxes. The Company may withhold from any amounts payable under this Agreement such Federal, state and local taxes as
may be required to be withheld pursuant to any applicable law or regulation. 
 l. Counterparts. This Agreement may be
signed in counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 
  

 13 

 m. Compliance with Section 409A. Notwithstanding anything herein to the
contrary, (i) if at the time of Executive’s termination of employment with the TRU Group Executive is a “specified employee” as defined in Section 409A of the Internal Revenue Code of 1986, as amended (the
“Code”), and the deferral of the commencement of any payments or benefits otherwise payable hereunder as a result of such termination of employment is necessary in order to prevent the imposition of any accelerated or additional tax
under Section 409A of the Code, then the Company will defer the commencement of the payment of any such payments or benefits hereunder (without any reduction in such payments or benefits ultimately paid or provided to Executive) until the date
that is six months following Executive’s termination of employment with the TRU Group (or the earliest date as is permitted under Section 409A of the Code) and (ii) if any other payment of money or other benefits due to Executive
hereunder could cause the application of an accelerated or additional tax under Section 409A of the Code, such payment or other benefits shall be deferred if deferral will make such payment or other benefits compliant under Section 409A of
the Code, or otherwise such payment or other benefits shall be restructured, to the extent possible, in a manner, determined by the CEO (but subject to the reasonable consent of the Executive), that does not cause such an accelerated or additional
tax or result in an additional cost to the Company. The Company shall consult with Executive in good faith regarding the implementation of the provisions of this Section 12(m); provided that neither the Company nor any of its employees or
representatives shall have any liability to Executive with respect thereto. Notwithstanding anything herein to the contrary, this Section 12(m) shall not apply to any payments or benefits due to Executive under the Equity Documents. 

[Signatures on next page.] 
  

 14 

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

			
	TOYS “R” US, INC.
		
	By:	 	/s/ David J. Schwartz
	Name:	 	David J. Schwartz
	Title:	 	Senior Vice President - General Counsel

  

	
	EXECUTIVE:
	
	/s/ Claire Babrowski
	Name: Claire Babrowski

  

 15 

 EXHIBIT A 
 Delhaize Group 

 EXHIBIT B 
 SEPARATION AND RELEASE AGREEMENT 
 This Separation and Release Agreement
(“Agreement”) is entered into as of this            day of             , 20__, between TOYS
“R” US, INC. and any successor thereto (collectively, the “Company”) and CLAIRE BABROWSKI (the “Executive”). 
 The Executive and the Company agree as follows: 
 1. The employment relationship between the Executive and
the Company and its subsidiaries and affiliates, as applicable, terminated on
                                        
                        (the “Termination Date”). 
 2. In accordance with the Executive’s Employment Agreement, Executive is entitled to receive certain payments and benefits after the Termination
Date. 
 3. In consideration of the above, the sufficiency of which the Executive hereby acknowledges, the Executive, on behalf of the
Executive and the Executive’s heirs, executors and assigns, hereby releases and forever discharges the Company and its members, parents, affiliates, subsidiaries, divisions, any and all current and former directors, officers, employees, agents,
and contractors and their heirs and assigns, and any and all employee pension benefit or welfare benefit plans of the Company, including current and former trustees and administrators of such employee pension benefit and welfare benefit plans, from
all claims, charges, or demands, in law or in equity, whether known or unknown, which may have existed or which may now exist from the beginning of time to the date of this Agreement, including, without limitation, any claims the Executive may have
arising from or relating to the Executive’s employment or termination from employment with the Company and its subsidiaries and affiliates, as applicable, including a release of any rights or claims the Executive may have under Title VII of the
Civil Rights Act of 1964, as amended, and the Civil Rights Act of 1991 (which prohibit discrimination in employment based upon race, color, sex, religion, and national origin); the Americans with Disabilities Act of 1990, as amended, and the
Rehabilitation Act of 1973 (which prohibit discrimination based upon disability); the Family and Medical Leave Act of 1993 (which prohibits discrimination based on requesting or taking a family or medical leave); Section 1981 of the Civil
Rights Act of 1866 (which prohibits discrimination based upon race); Section 1985(3) of the Civil Rights Act of 1871 (which prohibits conspiracies to discriminate); the Employee Retirement Income Security Act of 1974, as amended (which
prohibits discrimination with regard to benefits); any other federal, state or local laws against discrimination; or any other federal, state, or local statute, or common law relating to employment, wages, hours, or any other terms and conditions of
employment. This includes a release by the Executive of any claims for wrongful discharge, breach of contract, torts or any other claims in any way related to the Executive’s employment with or resignation or termination from the Company and
its subsidiaries and affiliates, as applicable. This release also includes a release of any claims for age discrimination under the Age Discrimination in Employment Act, as amended (“ADEA”). The ADEA requires that the Executive be
advised to consult with an 

 
attorney before the Executive waives any claim under ADEA. In addition, the ADEA provides the Executive with at least 21 days to decide whether to waive
claims under ADEA and seven days after the Executive signs the Agreement to revoke that waiver. This release does not release the Company from any obligations due to the Executive under the Executive’s Employment Agreement or under this
Agreement, any rights Executive has to indemnification by the Company and any vested rights Executive has under the Company’s employee pension benefit and welfare benefit plans. 
 4. This Agreement is not an admission by either the Executive or the Company or its subsidiaries or affiliates of any wrongdoing or liability.

 5. The Executive waives any right to reinstatement or future employment with the Company and its subsidiaries and affiliates following the
Executive’s separation from the Company and its subsidiaries and affiliates on the Termination Date. 
 6. The Executive agrees not to
engage in any act after execution of the Agreement that is intended, or may reasonably be expected to harm the reputation, business, prospects or operations of the Company or its subsidiaries or affiliates or their respective officers, directors,
stockholders or employees. 
 7. The Executive shall continue to be bound by Sections 8 and 9 of the Executive’s Employment Agreement.

 8. The Executive shall promptly return all Company and subsidiary and affiliate property in the Executive’s possession, including,
but not limited to, Company or subsidiary or affiliate keys, credit cards, cellular phones, computer equipment, software and peripherals and originals or copies of books, records, or other information pertaining to the Company or subsidiary or
affiliate business. 
 9. This Agreement shall be governed by and construed in accordance with the laws of the State of New Jersey, without
reference to the principles of conflict of laws. Exclusive jurisdiction with respect to any legal proceeding brought concerning any subject matter contained in this Agreement shall be settled by arbitration as provided in the Executive’s
Employment Agreement. 
 10. This Agreement represents the complete agreement between the Executive and the Company concerning the subject
matter in this Agreement and supersedes all prior agreements or understandings, written or oral. This Agreement may not be amended or modified otherwise than by a written agreement executed by the parties hereto or their respective successors and
legal representatives. 
 11. Each of the sections contained in this Agreement shall be enforceable independently of every other section in
this Agreement, and the invalidity or unenforceability of any section shall not invalidate or render unenforceable any other section contained in this Agreement. 
  

 2 

 12. It is further understood that for a period of 7 days following the execution of this Agreement in
duplicate originals, the Executive may revoke this Agreement, and this Agreement shall not become effective or enforceable until the revocation period has expired. No revocation of this Agreement by the Executive shall be effective unless the
Company has received within the 7 day revocation period, written notice of any revocation, all monies received by the Executive under this Agreement and the Executive’s Employment Agreement and all originals and copies of this Agreement.

 13. This Agreement has been entered into voluntarily and not as a result of coercion, duress, or undue influence. The Executive
acknowledges that the Executive has read and fully understands the terms of this Agreement and has been advised to consult with an attorney before executing this Agreement. Additionally, the Executive acknowledges that the Executive has been
afforded the opportunity of at least 21 days to consider this Agreement. 
 The parties to this Agreement have executed this Agreement as of
the day and year first written above. 
  

			
	TOYS “R” US, INC.
		
	By:	 	 
	Name:	 	
	Title:	 	

  

	
	  
	CLAIRE BABROWSKI

  

 3

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