EXHIBIT 10.5
EMPLOYMENT AGREEMENT
AGREEMENT dated as of April 9, 1999 between Carol Meyrowitz, whose address is 8 Sylvan Avenue, West
Newton, Massachusetts 02465, ("Executive") and The TJX Companies, Inc., a Delaware corporation, whose
principal office is in Framingham, Massachusetts ("Company").
WHEREAS, The Company desires that Executive serve as Senior Vice President, Merchandising of the
Marmaxx Division of The TJX Companies, Inc.
NOW THEREFORE, the parties hereto, in consideration of the mutual agreements hereinafter contained, agree
as follows:
1. EMPLOYMENT. The Company will employ Executive and Executive will be an employee of the Company
under the terms and conditions hereinafter set forth. This Agreement supersedes and replaces any prior
employment agreement between Executive and the Company or any of its subsidiaries or divisions.
2. TERM. Executive's employment hereunder shall commence upon the commencement of her performance of
her duties hereunder, which shall be on a mutually agreeable date not later than September 15, 1999 (the "Start
Date"), and shall continue until the third anniversary of the Start Date (the "Original Term") and thereafter until
terminated by either Executive or the Company, subject to earlier termination as provided herein (such period of
employment hereinafter called the "Employment Period").
3. DUTIES. Executive shall diligently perform the duties and exercise the responsibilities of Senior Vice
President, Merchandising of the Company's Marmaxx Division and such additional executive duties and
responsibilities as shall from time to time be assigned to her by the Board of Directors or by the Executive Vice
President, Merchandising of the Marmaxx Division. Unless the Employment Period shall have earlier terminated,
Executive will be promoted to Executive Vice President, Merchandising of the Marmaxx Division, reporting to
the President of the Division, no later than 8-12 months after the Start Date.
4. EXTENT OF SERVICES. Except for illnesses and