Staples, Inc. (“Staples”) hereby agrees to award to the recipient named above (the “Recipient”) the
number of shares of Common Stock of Staples (the “Shares”) set forth below in accordance with and subject to
the terms, conditions, and restrictions of this Agreement and the Plan (each as defined below). If the conditions
described below are satisfied, such award will be made under the terms of the Amended and Restated 2004
Stock Incentive Plan, as further amended or restated from time to time (the “Plan”), on the date set forth below
(the “Vesting Date”).
By your acceptance of this Performance Share Award Agreement, you agree that any Shares will be
awarded under and governed by the terms and conditions of the Plan and by the terms and conditions of the
Staples Performance Share Award Agreement — Terms and Conditions (“PSA2007”), which is attached hereto
(this Performance Share Award Agreement and the PSA2007 are together referred to as the “Agreement”).
The award is divided equally between a RONA and a Sales component, with each component consisting
of 187,500 Shares. As more fully described in PSA2007, the number of Shares awarded on the Vesting Date
with respect to the RONA and the Sales components shall be determined based on the extent to which the
respective FY 2007 — FY 2011 Cumulative RONA Dollars and FY 2007 — FY 2011 Cumulative Sales
performance criteria are achieved; provided, that no Shares shall be awarded unless the Minimum Performance
Condition set forth below is also achieved. All awards of Shares require certification of the Staples Board of
Directors that the performance criteria have been satisfied.
[** Portions of this exhibit have been omitted pursuant to a confidential treatment request. An unredacted version
of this exhibit has been filed separately with the Securities and Exchange Commission.]
* Cumulative RONA Dollars and Sales are in millions. For purposes of this Agreement, “Cumulative RONA
Dollars” means the cumulative p