Exhibit 10.3
POST-RETIREMENT BENEFIT AGREEMENT
This POST-RETIREMENT BENEFIT AGREEMENT (“Agreement”), made this ____ day of June,
2007, by and between H. Ray Compton (“Mr. Compton”) and Dollar Tree Stores, Inc., a Virginia Corporation
(“Company”).
WHEREAS, Mr. Compton has contributed greatly to the success of the Company as a stockholder,
director and officer; and
WHEREAS, Mr. Compton has retired from employment with the Company but continues to serve as a
director; and
WHEREAS, Company desires to reward Mr. Compton for his past services to the Company by
providing him with a non-discretionary retirement benefit that does not depend on future service.
NOW, THEREFORE, in consideration of the premises and covenants contained herein, and other good
and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as
follows:
1. Post-Retirement Benefit. In consideration of the Mr. Compton’s past services to the
Company, the Company hereby agrees to pay a post-retirement benefit to Mr. Compton in the amount of
$30,000 per annum during his lifetime. Such amount shall be paid in equal quarterly installments. Mr. Compton
acknowledges that taxes including, without limitation, state and federal income tax, social security and Medicare,
will be withheld from this amount to the extent required by law. In addition, for each of their lifetimes, Mr.
Compton and his spouse shall be fully eligible to participate in the group health insurance maintained by the
Company, currently the Dollar Tree Stores, Inc. Group Health Benefit Plan or any successor group health
insurance (the “Plan”); provided however, that the cost of such insurance shall be paid by Mr. Compton or his
spouse.
2. Termination. This Agreement may only be terminated by the written agreement of all
parties hereto.
3. Successors in Interest. This Agreement shall inure to the benefit of and be binding upon the
successors and