Sample Business Contracts

Restricted Stock Purchase Agreement - Build-A-Bear Workshop Inc. and Brian Vent

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                          BUILD-A-BEAR WORKSHOP, INC.
                                 FOR BRIAN VENT

      THIS AGREEMENT, is made as of the 19th day of September, 2001, by and
between Build-A-Bear Workshop, Inc., a Delaware corporation (hereinafter called
the "Company"), and Brian Vent (hereinafter called "Purchaser").


      WHEREAS, the Board of Directors of the Company ("Board of Directors")
desires to benefit the Company by increasing motivation on the part of
Purchaser, Chief Operating Bear of the Company, who is materially important to
the development of the Company's business, by creating an incentive for him to
remain in the employ of the Company and to work to the very best of his
abilities for the achievement of the Company's strategic objectives; and

      WHEREAS, to further this purpose, the Company desires to make a restricted
stock award to Purchaser for Twenty Thousand Four Hundred Ninety-One (20,491)
shares under the terms hereinafter set forth:

      NOW, THEREFORE, in consideration of the premises, and of the mutual
agreements hereinafter set forth, it is covenanted and agreed as follows:

      1. Terms of Award. Pursuant to action of the Committee (as defined in
Section 4), which action was taken on September 19th 2001 ("Date of Award"), the
Company awards to Purchaser Twenty Thousand Four Hundred Ninety-One (20,491)
shares of the common stock of the Company, of the par value of $0.01 per share
("Common Stock").

      2. Cost of Restricted Stock. The purchase price of the shares of
Restricted Stock shall be equal to Six Dollars and Ten/One Hundredths ($6.10)
per share. Purchaser may make payment for the Common Stock by executing the
Secured Promissory Note and Repayment and Stock Pledge Agreement attached hereto
as Exhibit A and Exhibit B respectively.

      3. No Right to Continued Employment. Nothing in this Agreement shall be
deemed to create any limitation or restriction on such rights as the Company
otherwise would have to terminate the employment of Purchaser at any time for
any reason.

      4. Committee Administration. This award has been made pursuant to a
determination made by the members of the compensation committee of the Board of
Directors ("Committee"), and the Committee or any successor or substitute
committee authorized by the Board of Directors or the Board of Directors itself,
subject to the express terms of this Agreement, shall have plenary authority to
interpret any provision of this Agreement and to make any determinations
necessary or advisable for the administration of this Agreement and may waive or
amend any provisions hereof in any manner not adversely affecting the rights
granted to Purchaser by the express terms hereof.


      5. Stockholders' Agreement. This award is granted under and is expressly
subject to all the terms and provisions of the Build-A-Bear Workshop, Inc.
Amended and Restated Stockholders' Agreement dated September 21, 2001
("Stockholders' Agreement"). Purchaser hereby acknowledges receipt of a copy of
the Stockholders' Agreement and agrees to be bound by all the terms and
provisions thereof.

      IN WITNESS WHEREOF, the Company has caused this Agreement to be executed
on its behalf and Purchaser has signed this Agreement to evidence his acceptance
of the terms hereof, all as of the date first above written.

                                    BUILD-A-BEAR WORKSHOP, INC.

                                    By:  /s/ Maxine Clark


                                    /s/ Brian Vent
                                    Brian Vent



                                    EXHIBIT A

                             SECURED PROMISSORY NOTE

See Attached.


                                    EXHIBIT B


See Attached.