Document:

EX-10.9

 Exhibit 10.9 

Lee Delaney 
 AMENDED
AND RESTATED EMPLOYMENT AGREEMENT 
 AGREEMENT dated as of December 6, 2018 between Lee Delaney, whose address
is c/o BJ’s Wholesale Club, Inc., 25 Research Drive, Westborough, Massachusetts 01582 (“Executive”), and BJ’s Wholesale Club, Inc., a Delaware corporation, whose principal office is 25 Research Drive, Westborough, Massachusetts
(“Employer” or “Company”). 
 WITNESSETH 

WHEREAS, Executive and the Company previously entered into an employment agreement dated May 2, 2016 (the
“Original Employment Agreement”); and 
 WHEREAS, Executive and the Company desire to amend and restate the
Original Employment Agreement to remove Executive’s residential address from the preamble, all other terms and conditions of the Original Employment Agreement remain unchanged and are set forth herein; 

NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the sufficiency of
which is acknowledged by each party, and intending to be legally bound hereby, the Company and the Executive agree as follows: 
 1.
Employment and Duties. 
 1.1 Employment. Commencing on May 2, 2016 (the “Effective Date”),
the Company agrees to employ the Executive and the Executive agrees to be employed by the Company subject to the terms set forth herein. 

1.2 Duties. As of the Effective Date, the Executive shall serve the Company as its Chief Growth Officer to serve in such
capacity or other capacities as designated by the Board of Directors, the Chief Executive Officer (“CEO”) or his/her designee from time to time. During the term of this Agreement, the Executive shall serve the Company faithfully,
diligently and to the best of his/her ability and shall devote substantially all of his/her business time, energy and skill to the affairs of the Company as necessary to perform the duties of his/her position, and he/she shall not assume a position
in any other business without the express written permission of the CEO; provided that the Executive may upon disclosure to the CEO: (i) serve as a member of not more than
one for-profit board of directors so long as the Executive receives prior written permission from the CEO, (ii) serve in any capacity with charitable or not-for-profit enterprises so long as there is no material interference with the Executive’s duties to the Company and (iii) make passive investments where the Executive is not
obligated or required to, and shall not in fact, devote any managerial efforts. The Company shall have the right to limit the Executive’s participation in any of the foregoing endeavors if the CEO believes, in his/her sole and exclusive
discretion, that the time being spent on such activities infringes upon, or is incompatible with, the Executive’s ability to perform the duties under this Agreement. 

2. Compensation and Benefits. 

2.1 Base Salary. The Executive shall receive a Base Salary at the rate of $600,000 per year. Such Base Salary shall be
subject to periodic adjustment from time to time as determined by the Board of Directors in its sole discretion. Base Salary shall be payable in such manner and at such times as the Company shall pay base salary to other similarly situated the
executive employees. 
 2.2 Policies and Fringe Benefits. The Executive agrees to abide by the rules, regulations,
instructions, personnel practices and policies of the Company and any changes therein that may be adopted from time to time by the Company. The Executive shall be eligible to participate in all benefit programs that the Company establishes and makes
available to all of its executives on such terms as the Board of Directors shall determine, if any, to the extent that the Executive meets the eligibility requirements to participate as set forth in the applicable plan or policy. Nothing herein
limits the Company’s right to modify, change, limit eligibility, or discontinue any plan or policy at any time, with or without prior notice. 

  
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 2.3 Reimbursement of Expenses. The Company shall reimburse the
Executive for all reasonable and appropriate travel, entertainment and other expenses incurred or paid by the Executive in connection with, or related to, the performance of his/her responsibilities or services under this Agreement, in accordance
with policies and procedures, and subject to limitations, adopted by the Company from time to time. 
 2.4
Withholding. All salary and other compensation payable to the Executive pursuant to this Agreement shall be subject to applicable taxes and withholdings. 

3. Termination of Employment and Benefits upon Termination. 

3.1 General. The Executive’s employment pursuant to this Agreement shall terminate upon the earliest to occur of
(i) the Executive’s death, (ii) a termination by reason of disability, (iii) a termination by the Company with or without Cause, or (iv) a termination by the Executive. Whenever the Executive’s employment shall
terminate, and regardless of the reason for such termination, effective that same date he/she shall resign all offices, appointments and/or other positions the Executive may hold with the Company including, but not limited to, any parent
corporation, subsidiaries or divisions of the Company or any such parent. 
 3.2 Termination Due to Death. The
Executive’s employment shall automatically terminate upon the date of the Executive’s death. No compensation or other benefits shall be payable to or accrue to the Executive hereunder except as follows: 

(a) (i) all amounts earned but unpaid hereunder through the date of termination with respect to salary and
vested but unused vacation; (ii) to the extent not already paid, any amounts to which the Executive is entitled under the Company’s annual incentive compensation plan for the fiscal year ended immediately prior to the date of termination;
(iii) his/her vested account balance under the BJ’s Wholesale Club, Inc. 401(k) Savings Plan for Salaried Employees; and (iv) any unreimbursed expenses incurred in accordance with Company policy (collectively, “Earned
Obligations”); 
 (b) any amounts the Executive would have been entitled to receive under the
Company’s annual incentive compensation plan had the Executive remained employed by the Company until the end of the fiscal year during which the termination of employment occurs (prorated for the period of active employment during such fiscal
year). All such amounts, if any, will be paid to the Executive’s estate at the same time as other incentive compensation plan payments for the year in which the termination occurs are paid; and 

(c) any payments or benefits under other plans of the Company to the extent such plans provide for benefits
following the Executive’s death. 
 3.3 Termination Due to Disability. The Executive’s employment may be
terminated by reason of the Executive’s disability, upon notice to the Executive, in the event of the inability of the Executive to perform his/her duties hereunder by reason of disability, whether by reason of injury (physical or mental),
illness (physical or mental) or otherwise. For purposes of this Agreement, a disability is defined as the occurrence when the Executive is incapacitated for a continuous period exceeding one hundred twenty (120) days, as certified by a
physician selected by the Executive and the Company in good faith. No compensation or other benefits shall be payable to or accrue to the Executive hereunder except as follows: 

(a) all Earned Obligations; 

(b) any amounts the Executive would have been entitled to receive under the Company’s annual incentive
compensation plan had the Executive remained employed by the Company until the end of the fiscal year during which the termination of employment occurs (prorated for the period of active employment during such fiscal year). All such amounts, if any,
will be paid at the same time as other incentive compensation plan payments for the year in which the termination occurs are paid; and 

  
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 (c) any payments or benefits under other plans of the
Company to the extent such plans provide for benefits following a termination of employment due to disability. 
 3.4
Termination by the Company for Cause or by the Executive. The Company may terminate the Executive’s employment at any time for Cause by providing the Executive notice of such termination. For the purpose of this Agreement, termination by
the Company for Cause shall refer to the Company’s termination of the Executive’s employment because it has determined, in its sole and exclusive discretion, that he/she has: (i) refused or failed to devote his/her full normal working
time, skills, knowledge, and abilities to the business of the Company and in promotion of its interests or he/she has failed to fulfill directives of the CEO, the CEO’s designee or the Board of Directors; (ii) engaged in activities
involving dishonesty, willful misconduct, willful violation of any law, rule, regulation or policy of the Company or breach of fiduciary duty; (iii) committed larceny, embezzlement, conversion or any other act involving the misappropriation of
the Company’s funds or property; (iv) been convicted of any crime which reasonably could affect in an adverse manner the reputation of the Company or the Executive’s ability to perform his/her duties hereunder; (v) been grossly
negligent in the performance of his/her duties; or (vi) materially breached this Agreement including, but not limited to, his/her obligations set forth in Sections 4 and 5 below. If the Executive’s employment terminates pursuant to this
Section 3.4 by the Company for Cause or by reason of the Executive’s resignation at any time, the Executive shall only receive the Earned Obligations, if any, through his/her termination date. Nothing herein waives any rights the Company
may have for damages or equitable relief. 
 3.5 Termination by the Company Without Cause. The Company may terminate
the Executive’s employment without Cause at any time effective upon the Executive’s receipt of notice of such termination. No compensation or other benefits shall be payable to or accrue to the Executive in the event of his/her termination
without Cause except as follows: 
 (a) all Earned Obligations; 

(b) In the event of such termination, unless: (x) such termination occurs subsequent to a Change in
Control (as hereinafter defined) of the Company that occurs prior to May 9, 2017, and (y) Executive does not forfeit that certain option to purchase 40,000 shares of common stock of Beacon Holding, Inc. at a strike price of $75.00, then
subject to the Executive entering into a binding and irrevocable release of claims and separation agreement prepared by the Company and the expiration on or before the 60th day after the Executive’s separation from service of any period during
which the Executive is entitled to revoke the release, the Executive shall be eligible on such sixtieth (60th) day to receive: 

(1) continuation of Base Salary for a period of twenty-four (24) months (the “Severance Period”), payable in
such manner and at such times as the Executive’s Base Salary was being paid immediately prior to such termination; 

(2) an amount equal to the difference between the Executive’s actual COBRA premium costs and the amount the Executive
would have paid had the Executive continued coverage as an employee under the Company’s applicable health plans without regard to the pre-tax benefits the Executive would have received under the
BJ’s Wholesale Club, Inc. Flexible Benefits Plan provided that the Executive elects to continue to participate in the Company’s medical and/or dental plans for team members pursuant to a valid COBRA election (and if and only if such
participation is legally and contractually permissible) and provided, however, that the Company’s obligations under this clause 3.5(b)(2) shall (A) not extend beyond the Severance Period, (B) be eliminated if the Executive
discontinues COBRA benefits or (C) be reduced or eliminated to the extent that the Executive receives similar coverage and benefits under the plans and programs of a subsequent employer or entity or becomes eligible for similar coverage under a
spouse’s employer; 
 (3) any amounts the Executive would have been entitled to receive under the Company’s annual
incentive compensation plan had the Executive remained employed by the Company until the end of the fiscal year during which the termination of employment occurs (prorated for the period of active employment during such fiscal year). All such
amounts, if any, will be paid at the same time as other incentive compensation plan payments for the year in which the termination occurs are paid; and 

  
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 (c) payments or benefits under other plans of the Company to
the extent that the plans provide for benefits following a termination of employment. 
 Notwithstanding the foregoing, the
payments and benefits described in Section 3.5(b) above shall immediately terminate, and the Company shall have no further obligations to the Executive with respect thereto, in the event that the Executive (i) becomes employed by Wal-Mart Stores, Inc., Costco Wholesale Corporation, Sam’s Club, or any of their respective subsidiaries or affiliates; or (ii) breaches any provision of Sections 4 or 5 of this Agreement. 

“Change in Control” shall have the meaning provided in the Second Amended and Restated 2011 Stock Option Plan of
Beacon Holding, Inc. 
 3.6 Special Rules Applicable to Deferred Compensation. 

Notwithstanding anything herein to the contrary, Sections 3.3(a), 3.3(c), 3.4, 3.5(a) and 3.5(c) shall be construed and applied
so that the time of payment of any amount constituting the deferral of compensation, within the meaning of Section 409A(d) of the Code and the regulations issued thereunder, shall be determined in accordance with the plan or other arrangement
providing such payment and shall not be accelerated as a result of the Executive’s disability or termination of employment to which this Agreement applies. 

4. Non-Competition
and Non-Solicitation. 
 4.1 Restricted Activities.
While the Executive is employed by the Company and for a period of twenty-four (24) months after the termination or cessation of such employment for any reason, the Executive will not directly or indirectly: 

(a) Engage in any activity (whether as owner, partner, officer, director, employee, consultant, investor,
lender or otherwise, except as the holder of not more than 1% of the outstanding stock of a publicly-held company) for Wal-Mart Stores Inc., Costco Wholesale Corporation, or Target Corporation, or
any of their respective subsidiaries or affiliates (including, without limitation, Sam’s West, Inc. and Sam’s East, Inc. and any successors thereof) (such companies, the “Named Competitors”), or any other person or entity that
competes with the Company with respect to any business or activity of the Company entered into by the Company after the Effective Date; provided, however, that in the event Executive is employed by Bain & Company, Inc., the foregoing
restriction shall apply for a period of 24 months as to the Named Competitors and 12 months as to all other companies; or 

(b) Either alone or in association with others (i) solicit, or permit any organization directly or
indirectly controlled by the Executive to solicit, any employee of the Company to leave the employ of the Company, or (ii) solicit for employment, hire or engage as an independent contractor, or permit any organization directly or indirectly
controlled by the Executive to solicit for employment, hire or engage as an independent contractor, any person who was employed by the Company at the time of the termination or cessation of the Executive’s employment with the
Company; provided that this clause (ii) shall not apply to the solicitation, hiring or engagement of any individual whose employment with the Company has been terminated for a period of six (6) months or longer at the time
of such solicitation, hiring or employment. 
 4.2 Extension of Restrictions. If the Executive violates the provisions
of Section 4.1, the twenty-four (24) month period referred to in Section 4.1 shall recommence and the Executive shall continue to be bound by the restrictions set forth in Section 4.1 until a period of twenty-four
(24) months has expired without any violation of such provisions. 
 4.3 Interpretation. If any restriction set
forth in Section 4.1 is found by any court of competent jurisdiction to be unenforceable because it extends for too long a period of time or over too great a range of activities or in too broad a geographic area, it shall be interpreted to
extend only over the maximum period of time, range of activities or geographic area as to which it may be enforceable. 

  
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 4.4 Equitable Remedies. The restrictions contained in this
Section 4 are necessary for the protection of the business and goodwill of the Company and are considered by the Executive to be reasonable for such purpose. The Executive agrees that any breach of this Section 4 is likely to cause the
Company substantial and irrevocable damage which is difficult to measure. Therefore, in the event of any such breach or threatened breach, the Executive agrees that the Company, in addition to such other remedies which may be available, shall have
the right to obtain an injunction from a court restraining such a breach or threatened breach and the right to specific performance of the provisions of this Section 4, and the Executive hereby waives the adequacy of a remedy at law as a
defense to such relief. 
 5. Proprietary Information. 

5.1 Proprietary Information. 

(a) The Executive agrees that all information, whether or not in writing, of a private, secret or confidential
nature concerning the Company’s business, business relationships or financial affairs (collectively, “Proprietary Information”) is and shall be the exclusive property of the Company. By way of illustration, but not limitation,
Proprietary Information may include inventions, products, processes, methods, techniques, formulas, compositions, compounds, projects, developments, plans, research data, financial data, personnel data, computer programs, customer and supplier
lists, and contacts at or knowledge of customers or prospective customers of the Company. The Executive will not disclose any Proprietary Information to any person or entity other than employees of the Company or use the same for any purposes (other
than in the performance of his/her duties as an employee of the Company) without written approval by an executive officer of the Company, either during or after his/her employment with the Company, unless and until such Proprietary Information has
become public knowledge without fault by the Executive. 
 (b) The Executive agrees that all files, letters,
memoranda, reports, records, data, sketches, drawings, laboratory notebooks, program listings, or other written, photographic, or other tangible material containing Proprietary Information, whether created by the Executive or others, which shall
come into his/her custody or possession, shall be and are the exclusive property of the Company to be used by the Executive only in the performance of his/her duties for the Company. All such materials or copies thereof and all tangible property of
the Company in the custody or possession of the Executive shall be delivered to the Company, upon the earlier of (i) a request by the Company or (ii) termination of his/her employment. After such delivery, the Executive shall not retain
any such materials or copies thereof or any such tangible property. 
 (c) The Executive agrees that his/her
obligation not to disclose or to use information and materials of the types set forth in paragraphs (a) and (b) above, and his/her obligation to return materials and tangible property set forth in paragraph (b) above also extends to
such types of information, materials and tangible property of customers of the Company or suppliers to the Company or other third parties who may have disclosed or entrusted the same to the Company or to the Executive. 

5.2 Equitable Remedies. The restrictions contained in this Section 5 are necessary for the protection of the
business and goodwill of the Company and are considered by the Executive to be reasonable for such purpose. The Executive agrees that any breach of this Section 5 is likely to cause the Company substantial and irrevocable damage which is
difficult to measure. Therefore, in the event of any such breach or threatened breach, the Executive agrees that the Company, in addition to such other remedies which may be available, shall have the right to obtain an injunction from a court
restraining such a breach or threatened breach and the right to specific performance of the provisions of this Section 5, and the Executive hereby waives the adequacy of a remedy at law as a defense to such relief. 

6. Other Agreements. The Executive represents that his/her performance of all
the terms of this Agreement and the performance of his/her duties as an employee of the Company do not and will not breach any agreement with any prior employer or other party to which the Executive is a party (including without limitation any
nondisclosure or non-competition agreement). Any agreement to which the Executive is a party relating to nondisclosure, non-competition, or non-solicitation of employees or customers is listed on Schedule A attached hereto. 

  
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 7. Miscellaneous. 

7.1 Notices. Any notice delivered under this Agreement shall be deemed duly delivered four (4) business days after
it is sent by registered or certified mail, return receipt requested, postage prepaid, or one business day after it is sent for next-business day delivery via a reputable nationwide overnight courier service, in each case to the address of the
recipient set forth in the introductory paragraph hereto. Either party may change the address to which notices are to be delivered by giving notice of such change to the other party in the manner set forth in this Section 7.1. 

7.2 Pronouns. Whenever the context may require, any pronouns used in this Agreement shall include the corresponding
masculine, feminine or neuter forms, and the singular forms of nouns and pronouns shall include the plural, and vice versa. 

7.3 Entire Agreement. This Agreement constitutes the entire agreement between the parties and supersedes all prior
agreements and understandings, whether written or oral, relating to the subject matter of this Agreement. 
 7.4
Amendment. This Agreement may be amended or modified only by a written instrument executed by both the Company and the Executive. 

7.5 Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the Commonwealth of
Massachusetts (without reference to the conflicts of laws provisions thereof), except as may be preempted by the Employee Retirement Income Security Act of 1974,29 U.S.C. §1001 et seq. Any action, suit or other legal proceeding arising under or
relating to any provision of this Agreement shall be commenced only in a court of the Commonwealth of Massachusetts (or, if appropriate, a federal court located within Massachusetts), and the Company and the Executive each consents to the
jurisdiction of such a court. The Company and the Executive each hereby irrevocably waives any right to a trial by jury in any action, suit, or other legal proceeding arising under or relating to any provision of this Agreement. 

7.6 Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of both parties and their
respective successors and assigns, including any corporation with which, or into which, the Company may be merged or which may succeed to the Company’s assets or business; provided, however, that the obligations of the Executive are personal
and shall not be assigned by him/her. 
 7.7 Waivers. No delay or omission by the Company in exercising any right
under this Agreement shall operate as a waiver of that or any other right. A waiver or consent given by the Company on any one occasion shall be effective only in that instance and shall not be construed as a bar or waiver of any right on any other
occasion. Notwithstanding the foregoing, if the Company is merged with or into a third party which is engaged in multiple lines of business, or if a third party engaged in multiple lines of business succeeds to the Company’s assets or business,
then for purposes of Section 4.1(a), the term “Company” shall mean and refer to the business of the Company as it existed immediately prior to such event and as it subsequently develops and not to the third party’s other
businesses. 
 7.8 Captions. The captions of the sections of this Agreement are for convenience of reference only and
in no way define, limit or affect the scope or substance of any section of this Agreement. 
 7.9 Severability. In
case any provision of this Agreement shall be invalid, illegal, or otherwise unenforceable, the validity, legality, and enforceability of the remaining provisions shall in no way be affected or impaired thereby. 

* * * * * 

  
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 THE EXECUTIVE ACKNOWLEDGES THAT HE/SHE HAS CAREFULLY READ THIS AGREEMENT AND UNDERSTANDS
AND AGREES TO ALL OF THE PROVISIONS IN THIS AGREEMENT. 
 IN WITNESS WHEREOF, the parties hereto have executed this
Agreement as of the day and year set forth above. 
  

							
	BJ’S WHOLESALE CLUB, INC.
		
	 /s/ Christopher Baldwin
	 	 /s/ Lee Delaney

	 Christopher Baldwin

President and Chief Executive Officer
	 	 Lee Delaney

Executive Vice President, Chief Commercial Officer

				
	 ATTEST:
	 	 /s/ Graham N. Luce
	 	 WITNESS:
	  	 /s/ Graham N. Luce

  

  
 7 

 SCHEDULE A 

Agreements containing Restrictive Covenants 

Schedule A 
 Executive’s
initials                 
  

  
 8EX-10.10

 Exhibit 10.10 

Brian Poulliot 

AMENDED AND RESTATED EMPLOYMENT AGREEMENT 

AGREEMENT dated as of December 6, 2018 between Brian Poulliot, whose address is c/o BJ’s Wholesale Club, Inc., 25
Research Drive, Westborough, Massachusetts 01582 (“Executive”), and BJ’s Wholesale Club, Inc., a Delaware corporation, whose principal office is 25 Research Drive, Westborough, Massachusetts (“Employer” or
“Company”). 
 WITNESSETH 

WHEREAS, Executive and the Company previously entered into an employment agreement dated October 16, 2016 (the
“Original Employment Agreement”); and 
 WHEREAS, Executive and the Company desire to amend and restate the
Original Employment Agreement to remove Executive’s residential address from the preamble, all other terms and conditions of the Original Employment Agreement remain unchanged and are set forth herein; 

NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the sufficiency of
which is acknowledged by each party, and intending to be legally bound hereby, the Company and the Executive agree as follows: 

1. Employment and Duties. 

1.1 Employment. Commencing on October 16, 2016 (the “Effective Date”), the Company agrees to employ the
Executive and the Executive agrees to be employed by the Company subject to the terms set forth herein. 
 1.2 Duties.
As of the Effective Date, the Executive shall serve the Company as its Executive Vice President, Chief Membership Officer to serve in such capacity or other capacities as designated by the Board of Directors, the Chief Executive Officer
(“CEO”) or his/her designee from time to time. During the term of this Agreement, the Executive shall serve the Company faithfully, diligently and to the best of his/her ability and shall devote substantially all of his/her business time,
energy and skill to the affairs of the Company as necessary to perform the duties of his/her position, and he/she shall not assume a position in any other business without the express written permission of the
CEO; provided that the Executive may upon disclosure to the CEO: (i) serve as a member of not more than one for-profit board of directors so long as the Executive
receives prior written permission from the CEO, (ii) serve in any capacity with charitable or not-for-profit enterprises so long as there is no material
interference with the Executive’s duties to the Company and (iii) make passive investments where the Executive is not obligated or required to, and shall not in fact, devote any managerial efforts. The Company shall have the right to limit
the Executive’s participation in any of the foregoing endeavors if the CEO believes, in his/her sole and exclusive discretion, that the time being spent on such activities infringes upon, or is incompatible with, the Executive’s ability to
perform the duties under this Agreement. 
 2. Compensation and Benefits. 

2.1 Base Salary. The Executive shall receive a Base Salary at the rate of $375,000 per year. Such Base Salary shall be
subject to periodic adjustment from time to time as determined by the Board of Directors in its sole discretion. Base Salary shall be payable in such manner and at such times as the Company shall pay base salary to other similarly situated the
executive employees. 
 2.2 Policies and Fringe Benefits. The Executive agrees to abide by the rules, regulations,
instructions, personnel practices and policies of the Company and any changes therein that may be adopted from time to time by the Company. The Executive shall be eligible to participate in all benefit programs that the Company establishes and makes
available to all of its executives on such terms as the Board of Directors shall determine, if any, to the extent that the Executive meets the eligibility requirements to participate as set forth in the applicable plan or policy. Nothing herein
limits the Company’s right to modify, change, limit eligibility, or discontinue any plan or policy at any time, with or without prior notice. 

  
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 2.3 Reimbursement of Expenses. The Company shall reimburse the
Executive for all reasonable and appropriate travel, entertainment and other expenses incurred or paid by the Executive in connection with, or related to, the performance of his/her responsibilities or services under this Agreement, in accordance
with policies and procedures, and subject to limitations, adopted by the Company from time to time. 
 2.4
Withholding. All salary and other compensation payable to the Executive pursuant to this Agreement shall be subject to applicable taxes and withholdings. 

3. Termination of Employment and Benefits upon Termination. 

3.1 General. The Executive’s employment pursuant to this Agreement shall terminate upon the earliest to occur of
(i) the Executive’s death, (ii) a termination by reason of disability, (iii) a termination by the Company with or without Cause, or (iv) a termination by the Executive. Whenever the Executive’s employment shall
terminate, and regardless of the reason for such termination, effective that same date he/she shall resign all offices, appointments and/or other positions the Executive may hold with the Company including, but not limited to, any parent
corporation, subsidiaries or divisions of the Company or any such parent. 
 3.2 Termination Due to Death. The
Executive’s employment shall automatically terminate upon the date of the Executive’s death. No compensation or other benefits shall be payable to or accrue to the Executive hereunder except as follows: 

(a) (i) all amounts earned but unpaid hereunder through the date of termination with respect to salary and
vested but unused vacation; (ii) to the extent not already paid, any amounts to which the Executive is entitled under the Company’s annual incentive compensation plan for the fiscal year ended immediately prior to the date of termination;
(iii) his/her vested account balance under the BJ’s Wholesale Club, Inc. 401(k) Savings Plan for Salaried Employees; and (iv) any unreimbursed expenses incurred in accordance with Company policy (collectively, “Earned
Obligations”); 
 (b) any amounts the Executive would have been entitled to receive under the
Company’s annual incentive compensation plan had the Executive remained employed by the Company until the end of the fiscal year during which the termination of employment occurs (prorated for the period of active employment during such fiscal
year). All such amounts, if any, will be paid to the Executive’s estate at the same time as other incentive compensation plan payments for the year in which the termination occurs are paid; and 

(c) any payments or benefits under other plans of the Company to the extent such plans provide for benefits
following the Executive’s death. 
 3.3 Termination Due to Disability. The Executive’s employment may be
terminated by reason of the Executive’s disability, upon notice to the Executive, in the event of the inability of the Executive to perform his/her duties hereunder by reason of disability, whether by reason of injury (physical or mental),
illness (physical or mental) or otherwise. For purposes of this Agreement, a disability is defined as the occurrence when the Executive is incapacitated for a continuous period exceeding one hundred twenty (120) days, as certified by a
physician selected by the Executive and the Company in good faith. No compensation or other benefits shall be payable to or accrue to the Executive hereunder except as follows: 

(a) all Earned Obligations; 

(b) any amounts the Executive would have been entitled to receive under the Company’s annual incentive
compensation plan had the Executive remained employed by the Company until the end of the fiscal year during which the termination of employment occurs (prorated for the period of active employment during such fiscal year). All such amounts, if any,
will be paid at the same time as other incentive compensation plan payments for the year in which the termination occurs are paid; and 

  
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 (c) any payments or benefits under other plans of the
Company to the extent such plans provide for benefits following a termination of employment due to disability. 
 3.4
Termination by the Company for Cause or by the Executive. The Company may terminate the Executive’s employment at any time for Cause by providing the Executive notice of such termination. For the purpose of this Agreement, termination by
the Company for Cause shall refer to the Company’s termination of the Executive’s employment because it has determined, in its sole and exclusive discretion, that he/she has: (i) refused or failed to devote his/her full normal working
time, skills, knowledge, and abilities to the business of the Company and in promotion of its interests or he/she has failed to fulfill directives of the CEO, the CEO’s designee or the Board of Directors; (ii) engaged in activities
involving dishonesty, willful misconduct, willful violation of any law, rule, regulation or policy of the Company or breach of fiduciary duty; (iii) committed larceny, embezzlement, conversion or any other act involving the misappropriation of
the Company’s funds or property; (iv) been convicted of any crime which reasonably could affect in an adverse manner the reputation of the Company or the Executive’s ability to perform his/her duties hereunder; (v) been grossly
negligent in the performance of his/her duties; or (vi) materially breached this Agreement including, but not limited to, his/her obligations set forth in Sections 4 and 5 below. If the Executive’s employment terminates pursuant to this
Section 3.4 by the Company for Cause or by reason of the Executive’s resignation at any time, the Executive shall only receive the Earned Obligations, if any, through his/her termination date. Nothing herein waives any rights the Company
may have for damages or equitable relief. 
 3.5 Termination by the Company Without Cause. The Company may terminate
the Executive’s employment without Cause at any time effective upon the Executive’s receipt of notice of such termination. No compensation or other benefits shall be payable to or accrue to the Executive in the event of his/her termination
without Cause except as follows: 
 (a) all Earned Obligations; 

(b) Subject to the Executive entering into a binding and irrevocable release of claims and separation agreement
prepared by the Company and the expiration on or before the 60th day after the Executive’s separation from service of any period during which the Executive is entitled to revoke the
release, the Executive shall be eligible on such sixtieth (60th) day to receive: 

(1) continuation of Base Salary for a period of twenty-four (24) months (the “Severance Period”), payable in
such manner and at such times as the Executive’s Base Salary was being paid immediately prior to such termination; 

(2) an amount equal to the difference between the Executive’s actual COBRA premium costs and the amount the Executive
would have paid had the Executive continued coverage as an employee under the Company’s applicable health plans without regard to the pre-tax benefits the Executive would have received under the
BJ’s Wholesale Club, Inc. Flexible Benefits Plan provided that the Executive elects to continue to participate in the Company’s medical and/or dental plans for team members pursuant to a valid COBRA election (and if and only if such
participation is legally and contractually permissible) and provided, however, that the Company’s obligations under this clause 3.5(b)(2) shall (A) not extend beyond the Severance Period, (B) be eliminated if the Executive
discontinues COBRA benefits or (C) be reduced or eliminated to the extent that the Executive receives similar coverage and benefits under the plans and programs of a subsequent employer or entity or becomes eligible for similar coverage under a
spouse’s employer; 
 (3) any amounts the Executive would have been entitled to receive under the Company’s annual
incentive compensation plan had the Executive remained employed by the Company until the end of the fiscal year during which the termination of employment occurs (prorated for the period of active employment during such fiscal year). All such
amounts, if any, will 
 be paid at the same time as other incentive compensation plan payments for the year in which the
termination occurs are paid; and 

  
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 (c) payments or benefits under other plans of the Company to
the extent that the plans provide for benefits following a termination of employment. 
 Notwithstanding the foregoing, the
payments and benefits described in Section 3.5(b) above shall immediately terminate, and the Company shall have no further obligations to the Executive with respect thereto, in the event that the Executive (i) becomes employed by Wal-Mart Stores, Inc., Costco Wholesale Corporation, Sam’s Club, or any of their respective subsidiaries or affiliates; or (ii) breaches any provision of Sections 4 or 5 of this Agreement. 

3.6 Special Rules Applicable to Deferred Compensation. 

Notwithstanding anything herein to the contrary, Sections 3.3(a), 3.3(c), 3.4, 3.5(a) and 3.5(c) shall be construed and
applied so that the time of payment of any amount constituting the deferral of compensation, within the meaning of Section 409A(d) of the Code and the regulations issued thereunder, shall be determined in accordance with the plan or other
arrangement providing such payment and shall not be accelerated as a result of the Executive’s disability or termination of employment to which this Agreement applies. 

4.
Non-Competition and Non-Solicitation. 

4.1 Restricted Activities. While the Executive is employed by the Company and for a period of twenty-four (24) months
after the termination or cessation of such employment for any reason, the Executive will not directly or indirectly: 

(a) Engage in any business or enterprise (whether as owner, partner, officer, director, employee, consultant,
investor, lender or otherwise, except as the holder of not more than 1% of the outstanding stock of a publicly-held company) that is competitive with the Company’s business. A business or enterprise shall be deemed competitive if it shall
operate a chain of membership warehouse clubs (by way of example but not limitation, Sam’s Club or Costco or their respective affiliates), warehouse stores selling food and/or general merchandise, or any other person or entity that competes
with the Company, including without limitation Wal-Mart Stores, Inc., Target Corporation, or any of their respective affiliates; or 

(b) Either alone or in association with others (i) solicit, or permit any organization directly or
indirectly controlled by the Executive to solicit, any employee of the Company to leave the employ of the Company, or (ii) solicit for employment, hire or engage as an independent contractor, or permit any organization directly or indirectly
controlled by the Executive to solicit for employment, hire or engage as an independent contractor, any person who was employed by the Company at the time of the termination or cessation of the Executive’s employment with the Company;
provided that this clause (ii) shall not apply to the solicitation, hiring or engagement of any individual whose employment with the Company has been terminated for a period of six (6) months or longer at the time of such
solicitation, hiring or employment. 
 4.2 Extension of Restrictions. If the Executive violates the provisions of
Section 4.1, the twenty-four (24) month period referred to in Section 4.1 shall recommence and the Executive shall continue to be bound by the restrictions set forth in Section 4.1 until a period of twenty-four (24) months
has expired without any violation of such provisions. 
 4.3 Interpretation. If any restriction set forth in Section 4.1
is found by any court of competent jurisdiction to be unenforceable because it extends for too long a period of time or over too great a range of activities or in too broad a geographic area, it shall be interpreted to extend only over the maximum
period of time, range of activities or geographic area as to which it may be enforceable. 
 4.4 Equitable Remedies.
The restrictions contained in this Section 4 are necessary for the protection of the business and goodwill of the Company and are considered by the Executive to be reasonable for such purpose. The Executive agrees that any breach of this
Section 4 is likely to cause the Company substantial and irrevocable damage which is difficult to measure. Therefore, in the event of any such breach or threatened breach, the Executive agrees that the Company, in addition to such other
remedies which may be available, shall have the right to obtain an injunction from a court restraining such a breach or threatened breach and the right to specific performance of the provisions of this Section 4, and the Executive hereby waives
the adequacy of a remedy at law as a defense to such relief. 

  
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 5. Proprietary Information. 

5.1 Proprietary Information. 

(a) The Executive agrees that all information, whether or not in writing, of a private, secret or confidential
nature concerning the Company’s business, business relationships or financial affairs (collectively, “Proprietary Information”) is and shall be the exclusive property of the Company. By way of illustration, but not limitation,
Proprietary Information may include inventions, products, processes, methods, techniques, formulas, compositions, compounds, projects, developments, plans, research data, financial data, personnel data, computer programs, customer and supplier
lists, and contacts at or knowledge of customers or prospective customers of the Company. The Executive will not disclose any Proprietary Information to any person or entity other than employees of the Company or use the same for any purposes (other
than in the performance of his/her duties as an employee of the Company) without written approval by an executive officer of the Company, either during or after his/her employment with the Company, unless and until such Proprietary Information has
become public knowledge without fault by the Executive. 
 (b) The Executive agrees that all files, letters,
memoranda, reports, records, data, sketches, drawings, laboratory notebooks, program listings, or other written, photographic, or other tangible material containing Proprietary Information, whether created by the Executive or others, which shall
come into his/her custody or possession, shall be and are the exclusive property of the Company to be used by the Executive only in the performance of his/her duties for the Company. All such materials or copies thereof and all tangible property of
the Company in the custody or possession of the Executive shall be delivered to the Company, upon the earlier of (i) a request by the Company or (ii) termination of his/her employment. After such delivery, the Executive shall not retain
any such materials or copies thereof or any such tangible property. 
 (c) The Executive agrees that his/her
obligation not to disclose or to use information and materials of the types set forth in paragraphs (a) and (b) above, and his/her obligation to return materials and tangible property set forth in paragraph (b) above also extends to
such types of information, materials and tangible property of customers of the Company or suppliers to the Company or other third parties who may have disclosed or entrusted the same to the Company or to the Executive. 

5.2 Equitable Remedies. The restrictions contained in this Section 5 are necessary for the protection of the
business and goodwill of the Company and are considered by the Executive to be reasonable for such purpose. The Executive agrees that any breach of this Section 5 is likely to cause the Company substantial and irrevocable damage which is
difficult to measure. Therefore, in the event of any such breach or threatened breach, the Executive agrees that the Company, in addition to such other remedies which may be available, shall have the right to obtain an injunction from a court
restraining such a breach or threatened breach and the right to specific performance of the provisions of this Section 5, and the Executive hereby waives the adequacy of a remedy at law as a defense to such relief. 

6. Other Agreements. The Executive represents that his/her performance of all
the terms of this Agreement and the performance of his/her duties as an employee of the Company do not and will not breach any agreement with any prior employer or other party to which the Executive is a party (including without limitation any
nondisclosure or non-competition agreement). Any agreement to which the Executive is a party relating to nondisclosure, non -competition,
or non-solicitation of employees or customers is listed on Schedule A attached hereto. 

7. Miscellaneous. 

7.1 Notices. Any notice delivered under this Agreement shall be deemed duly delivered four (4) business days after
it is sent by registered or certified mail, return receipt requested, postage prepaid, or one business day after it is sent for next-business day delivery via a reputable nationwide overnight courier service, in each case to the address of the
recipient set forth in the introductory paragraph hereto. Either party may change the address to which notices are to be delivered by giving notice of such change to the other party in the manner set forth in this Section 7.1. 

  
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 7.2 Pronouns. Whenever the context may require, any pronouns used in
this Agreement shall include the corresponding masculine, feminine or neuter forms, and the singular forms of nouns and pronouns shall include the plural, and vice versa. 

7.3 Entire Agreement. This Agreement constitutes the entire agreement between the parties and supersedes all prior
agreements and understandings, whether written or oral, relating to the subject matter of this Agreement. 
 7.4
Amendment. This Agreement may be amended or modified only by a written instrument executed by both the Company and the Executive. 

7.5 Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the Commonwealth of
Massachusetts (without reference to the conflicts of laws provisions thereof), except as may be preempted by the Employee Retirement Income Security Act of 1974,29 U.S.C. §1001 et seq. Any action, suit or other legal proceeding arising under or
relating to any provision of this Agreement shall be commenced only in a court of the Commonwealth of Massachusetts (or, if appropriate, a federal court located within Massachusetts), and the Company and the Executive each consents to the
jurisdiction of such a court. The Company and the Executive each hereby irrevocably waives any right to a trial by jury in any action, suit, or other legal proceeding arising under or relating to any provision of this Agreement. 

7.6 Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of both parties and their
respective successors and assigns, including any corporation with which, or into which, the Company may be merged or which may succeed to the Company’s assets or business; provided, however, that the obligations of the Executive are personal
and shall not be assigned by him/her. 
 7.7 Waivers. No delay or omission by the Company in exercising any right
under this Agreement shall operate as a waiver of that or any other right. A waiver or consent given by the Company on any one occasion shall be effective only in that instance and shall not be construed as a bar or waiver of any right on any other
occasion. Notwithstanding the foregoing, if the Company is merged with or into a third party which is engaged in multiple lines of business, or if a third party engaged in multiple lines of business succeeds to the Company’s assets or business,
then for purposes of Section 4.1(a), the term “Company” shall mean and refer to the business of the Company as it existed immediately prior to such event and as it subsequently develops and not to the third party’s other
businesses. 
 7.8 Captions. The captions of the sections of this Agreement are for convenience of reference only and
in no way define, limit or affect the scope or substance of any section of this Agreement. 
 7.9 Severability. In
case any provision of this Agreement shall be invalid, illegal, or otherwise unenforceable, the validity, legality, and enforceability of the remaining provisions shall in no way be affected or impaired thereby. 

*    *    *    *    * 

  
 6 

 THE EXECUTIVE ACKNOWLEDGES THAT HE/SHE HAS CAREFULLY READ THIS AGREEMENT AND UNDERSTANDS
AND AGREES TO ALL OF THE PROVISIONS IN THIS AGREEMENT. 
 IN WITNESS WHEREOF, the parties hereto have executed this
Agreement as of the day and year set forth above. 
  

					
	 BJ’S WHOLESALE CLUB, INC.
	 		  	
			
	 /s/ Christopher Baldwin
	 		  	 /s/ Brian Poulliot

	 Christopher Baldwin

President and Chief Executive Officer
	 		  	 Brian Poulliot

EVP, Chief Membership Officer

  

									
	 ATTEST:
	  	 /s/ Graham N. Luce
	  		 	 WITNESS:
	  	 /s/ Graham N. Luce

  
 7 

 SCHEDULE A 

Agreements containing Restrictive Covenants 

Schedule A 
 Executive’s initials
             

  
 8

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