Document:

Offer Letter

 Exhibit 10.10 
 

 
 April 15, 2011 
 To: Steve Mahurin 
 Dear Steve, 
 Congratulations! I am pleased to extend to you our offer to join Orchard Supply Hardware (“OSH” or “Company”) as Executive Vice President – Merchandising reporting
to me. This letter serves as confirmation of our offer. Some key elements of the offer are as follows: 
  

	 	•	 	 Your start date to be mutually agreed. 

  

	 	•	 	 Base salary at an annual rate of $400,000, paid bi-weekly and in arrears; however, that with respect to subsequent fiscal years, your annual base
salary shall be as follows: (a) $450,000 when EBITDA for the immediately prior fiscal year is greater than $90,000,000 but less than $100,000,000 and (b) $475,000 when EBITDA for the immediately prior fiscal year is greater than
$100,000,000. 

  

	 	•	 	 One way we reward great company and individual performance is through our annual incentive plan. You will be eligible for an annual
target incentive opportunity of 75% of your base salary. Your award for fiscal year 2011 will be prorated based on your start date. Any incentive payable with respect to a fiscal year will be paid by April 15 of the following fiscal year,
provided that you are actively employed on the payment date. 

  

	 	•	 	 The Company shall recommend to the committee that administers the Company’s stock incentive plan that you be granted, as soon as approved by the
committee after your start date, three (3) separate grants of options to purchase a total of 15,000 shares of the Company’s Class B common stock, subject to the terms of a Stock Option Agreement to be entered into between you and the
Company. 

  

	 	•	 	 We also understand how important it is to get away from work from time to time, so you are eligible to receive twenty-four (24) days of paid
vacation, which will be pro rated this year based on your actual start date. 

  

	 	•	 	 In order to assist you in your relocation, you are eligible for a relocation lump sum in the net amount of $150,000 (after taxes) payable to you as
soon as is feasible within 30 days after your actual start date. Should you voluntarily terminate your employment with the Company, you will be expected to repay all or a portion of the relocation-related payments that have been made to you or on
your behalf. The repayment schedule is as follows: 

  

	 	•	 	 Voluntarily leave within 12 months – 100% of expenses to be reimbursed to the Company 

 

	 	•	 	 Voluntarily leave within 13 – 24 months – 50% of expenses to be reimbursed to the Company 

 

	 	•	 	 OSH will provide reimbursement for up to thirty (30) days of temporary living expenses. In addition, OSH will provide airfare for up to eight
(8) round trip tickets home through August 31, 2011. All travel is subject to standard OSH travel and reimbursement policies. 

 orchard supply hardware — 6450 via del oro — san jose, ca 95119 — 408 281 3500 

 

 
  

	 	•	 	 In addition to the above, during the course of your employment, you will be entitled to participate in a variety of benefits available to salaried
associates, including medical, dental and long-term disability. Your benefits coverage will begin on your first day of employment provided you enroll within your eligibility period. You will also be eligible to begin participation in the 401(k)
savings plan on the first day of the third month following your date of hire. The Company expects to continue its benefit programs, but reserves the right to modify, amend or terminate any or all of the benefit programs at any time.

  

	 	•	 	 You will be required to sign an Executive Severance Agreement. If your employment with OSH is terminated by OSH (other than for cause, death or total
and permanent disability) or by you for Good Reason (as such capitalized terms are defined in the Executive Service Agreement), you will receive twelve (12) months of pay continuation equal to your base salary at the time of termination,
subject to mitigation. Under the Executive Severance Agreement, you agree, among other things, not to solicit employees for a period of twelve (12) months of your termination and not to disclose confidential information. The non-solicitation and
non-disclosure provisions apply regardless of whether you are eligible for severance benefits under this agreement, and the terms of this offer letter are conditioned upon your signing this agreement. 

This offer is made to you based on your representation to the Company that your acceptance of employment with the Company and your performing the
contemplated services does not and will not conflict with or result in any breach of default under any agreement, contract or arrangement which you are a party to or violate any other legal restriction. 

This offer also is contingent upon satisfactory completion of a background check, a drug test (to be taken within 48 hours from the time the drug test is
scheduled) and employment verification. On your first day of work, you must present documentation to establish your identity and employment eligibility to work in the United States. This documentation will be used to complete the legally required
1-9 for the United States Citizenship and Immigration Services. 
 Steve, we are looking forward to you joining our team. I am confident that
you will make an important contribution to the success of Orchard Supply Hardware. Please confirm your acceptance of this offer by signing and returning this offer letter no later than April 8th, 2011 to Dave Bogage in PDF format via email at
Dave.Bogage@osh.com or via confidential fax at (408) 629-7174. If you need additional information or clarification, please call. 
 Sincerely,

 Mark Baker 
 President and CEO

 Orchard Supply Hardware 
  

							
	Accepted:	 	  
	 		 	Date                     
		 	Steve Mahurin	 		 	

  

	CC:	Dave Bogage, SVP, Human Resources, Orchard Supply Hardware 

 orchard supply hardware — 6450 via del oro — san jose, ca 95119 — 408 281 3500Offer Letter

 Exhibit 10.11 
 

 
 June 1, 2011 
 To: Mark Bussard 
 Dear Mark, 
 Congratulations! I am pleased to extend to you our offer to join Orchard Supply Hardware (“OSH” or “Company”) as Senior Vice President – Operations reporting to me. This letter
serves as confirmation of our offer. Some key elements of the offer are as follows: 
  

	 	•	 	 Your start date to be mutually agreed. 

  

	 	•	 	 Base salary at an annual rate of $265,000, paid bi-weekly and in arrears, with periodic increases based on your performance.

  

	 	•	 	 One way we reward great company and individual performance is through our annual incentive plan. You will be eligible for an annual target incentive
opportunity of 50% of your base salary. Your award for fiscal year 2011 will be prorated based on your start date. Any incentive payable with respect to a fiscal year will be paid by April 15 of the following fiscal year, provided that you are
actively employed on the payment date. 

  

	 	•	 	 The Company shall recommend to the committee that administers the Company’s stock incentive plan that you be granted, as soon as approved by the
committee after your start date, three (3) separate grants of options to purchase a total of 8017 shares of the Company’s Class B common stock, subject to the terms of a Stock Option Agreement to be entered into between you and the
Company. 

  

	 	•	 	 We also understand how important it is to get away from work from time to time, so you are eligible to receive twenty-four (24) days of paid
vacation, which will be pro rated this year based on your actual start date. 

  

	 	•	 	 In order to assist you in your relocation, you are eligible for a relocation lump sum in the net amount (after taxes) of $80,000 (approximately
$125,000 gross), payable to you as soon as is feasible within 30 days after your actual start date. Should you voluntarily terminate your employment with the Company, you will be expected to repay all or a portion of the relocation-related payments
that have been made to you or on your behalf. The repayment schedule is as follows: 

  

	 	•	 	 Voluntarily leave within 12 months – 100% of expenses to be reimbursed to the Company 

 

	 	•	 	 Voluntarily leave within 13 – 24 months – 50% of expenses to be reimbursed to the Company 

 

	 	•	 	 OSH will provide reimbursement for up to two (2) weeks of temporary living expenses. In addition, OSH will provide airfare for up to six
(6) round trip tickets home through December 31, 2011. All travel is subject to standard OSH travel and reimbursement policies. 

  

	 	•	 	 In addition to the above, during the course of your employment, you will be entitled to participate in a variety of benefits available to salaried
associates, including medical, dental and long-term disability. Your benefits coverage will begin on your first day of employment 

  
 orchard
supply hardware • 6450 via del oro • san jose, ca 95119 • 408 281 3500 

 

 
  

	 	provided you enroll within your eligibility period. You will also be eligible to begin participation in the 401(k) savings plan on the first day of the third month following your
date of hire. The Company expects to continue its benefit programs, but reserves the right to modify, amend or terminate any or all of the benefit programs at any time. 

 

	 	•	 	 You will be required to sign an Executive Severance Agreement. If your employment with OSH is terminated by OSH (other than for cause, death or total
and permanent disability) or by you for Good Reason (as such capitalized terms are defined in the Executive Service Agreement), you will receive six (6) months of pay continuation equal to your base salary at the time of termination, subject to
mitigation. Under the Executive Severance Agreement, you agree, among other things, not to solicit employees for a period of six (6) months of your termination and not to disclose confidential information. The non-solicitation and
non-disclosure provisions apply regardless of whether you are eligible for severance benefits under this agreement, and the terms of this offer letter are conditioned upon your signing this agreement. 

This offer is made to you based on your representation to the Company that your acceptance of employment with the Company and your performing the
contemplated services does not and will not conflict with or result in any breach of default under any agreement, contract or arrangement which you are a party to or violate any other legal restriction. 

This offer also is contingent upon satisfactory completion of a background check, a drug test (to be taken within 48 hours from the time the drug test is
scheduled) and employment verification. On your first day of work, you must present documentation to establish your identity and employment eligibility to work in the United States. This documentation will be used to complete the legally required
I-9 for the United States Citizenship and Immigration Services. 
 Mark, we are looking forward to you joining our team. I am confident that you
will make an important contribution to the success of Orchard Supply Hardware. Please confirm your acceptance of this offer by signing and returning this offer letter no later than June 8th, 2011 to Dave Bogage in PDF format via email at
Dave.Bogage@osh.com or via confidential fax at (408) 629-7174. If you need additional information or clarification, please call. 

Sincerely, 
 Mark Baker 

President and CEO 
 Orchard Supply Hardware

											
						
	Accepted: 	 	Mark Bussard 	 	Digitally signed by Mark Bussard DN: cn=Mark Bussard o, ou,	 		 	Date	 	6/1/2011
		 	Mark Bussard	 	email=mbuz64@yahoo.com c=US Date 2011.06.01 16:03:16-5’00’	 		 		 	

  

	CC:	Dave Bogage, SVP, Human Resources, Orchard Supply Hardware 

  
 orchard
supply hardware • 6450 via del oro • san jose, ca 95119 • 408 281 3500

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