EX-10 4 ni8kex102a.txt FY05 PSU GRANT FORM OF NOTICE Exhibit 10.2 Nordstrom, Inc. Notice of Award of Performance Share Units First Name, Last Name Employee No: Award No: On _______, Nordstrom, Inc. awarded _________Performance Share Units (PSUs) to you. Your PSUs are earned based on the Nordstrom Total Shareholder Return (TSR) relative to the performance of our retail comparator group over the three-year period ending on February 2, 2008. At the end of the three-year period, if Nordstrom TSR is a positive numbers and ranks in the top six of our comparator group, your PSUs will be earned as detailed below: Rank Vest % ---- ------ 1st 125% 2nd 125% 3rd 100% 4th 85% 5th 75% 6th 75% 7th or lower 0% TSR results are provided to you via e-mail on a quarterly basis during the fiscal year. The TSR communication shows you how Nordstrom stock is performing in relation to our retail comparator group for each PSU grant, and the progress that has been made toward earning your PSUs. Please keep this Notice for your records. If you have any questions about your grant, please call Nordstrom Leadership Benefits at (206) 303-5855, tie line 8-805-5855 or e- mail leadership.benefits@nordstrom.com.