EQUITY INCENTIVE PLAN
S TOCK O PTION A GREEMENT
T HIS A GREEMENT dated as of [Date of Grant], between hhgregg, Inc., a corporation organized under the laws of the State
of Delaware (the “ Company ”), and the individual identified in paragraph 1 below, currently residing at the address set out at
the end of this Agreement (the “ Optionee ”).
1 . Grant of Option. Pursuant and subject to the Company’s Equity Incentive Plan (as the same may be amended from time
to time, the “ Plan ”), the Company grants to you, the Optionee identified in the table below, an option (the “ Option ”) to
purchase from the Company all or any part of a total of the number of shares identified in the table below (the “Optioned
Shares”) of the common stock, par value $.0001 per share, in the Company (the “ Stock ”), at the exercise price per share set out
in the table below.
2. Character of Option. This Option is not intended to be treated as an “incentive stock option” within the meaning of
Section 422 of the Internal Revenue Code of 1986, as amended.
3. Expiration of Option. This Option shall expire at 5:00 p.m. on Expiration Date or, if earlier, the earliest of the dates
specified in whichever of the following applies:
(a) If the termination of your employment or other association is on account of your death or disability, the first
anniversary of the date your employment ends.
(b) If the termination of your employment or other association is due to any other reason, ninety (90) days after your
employment or other association ends.
(c) If the Company terminates your employment or other association for cause, or at the termination of your
employment or other association the Company had grounds to terminate your employment or other association for cause
(whether then or thereafter determined), immediately upon the termination of your employment or other association.
4. Exercise of Option.
(a) Until this Option expires, you may exercise it as to th