Staples 2014 Annual Report Download - page 91

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APPENDIX A
www.staplesannualmeeting.com STAPLES 87
are held by the individual in an account with a bank, transfer agent, or other financial institution designated by the Company to hold
the Purchased Shares (the “Financial Institution”), to (a) participate in the Staples, Inc. dividend reinvestment program maintained
by the Financial Institution (the “DRIP”) such that the individual shall receive, in lieu of any cash dividend paid or payable by the
Company with respect to the individual’s Purchased Shares that are held in an account with the Financial Institution (the “Captive
Shares”), shares of Common Stock (including any fractional shares) pursuant to the terms of the DRIP, and (b) allow the Company
to take all reasonably necessary and appropriate actions to ensure that the amount of any cash dividend paid or payable by the
Company with respect to the employee’s Captive Shares is paid in the form of Common Stock instead of cash.
32. Headings. Headings are given to the sections and subsections of the Plan solely as a convenience to facilitate
reference. Such headings shall not be deemed in any way material or relevant to the construction or interpretation of the Plan.