<SEC-DOCUMENT>0000046080-18-000120.txt : 20180806
<SEC-HEADER>0000046080-18-000120.hdr.sgml : 20180806
<ACCEPTANCE-DATETIME>20180806143931
ACCESSION NUMBER:		0000046080-18-000120
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20180801
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20180806
DATE AS OF CHANGE:		20180806

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HASBRO INC
		CENTRAL INDEX KEY:			0000046080
		STANDARD INDUSTRIAL CLASSIFICATION:	GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) [3944]
		IRS NUMBER:				050155090
		STATE OF INCORPORATION:			RI
		FISCAL YEAR END:			1227

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-06682
		FILM NUMBER:		18994429

	BUSINESS ADDRESS:	
		STREET 1:		1027 NEWPORT AVE
		STREET 2:		P O BOX 1059
		CITY:			PAWTUCKET
		STATE:			RI
		ZIP:			02861
		BUSINESS PHONE:		4014318697

	MAIL ADDRESS:	
		STREET 1:		200 NARRAGANSETT PARK DRIVE
		CITY:			PAWTUCKET
		STATE:			RI
		ZIP:			02862-0200

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HASBRO BRADLEY INC
		DATE OF NAME CHANGE:	19850814

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HASBRO INDUSTRIES INC
		DATE OF NAME CHANGE:	19840917

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HASSENFELD BROTHERS INC
		DATE OF NAME CHANGE:	19720615
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>maindocument001.htm
<DESCRIPTION>CURRENT REPORT ON FORM 8-K DATED AUGUST 1, 2018
<TEXT>

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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>


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<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:14.0pt;">UNITED STATES<br>
SECURITIES AND EXCHANGE COMMISSION</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Washington,
D.C.&nbsp; 20549</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:14.0pt;">FORM 8-K</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">CURRENT REPORT<br>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:8.0pt;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Date of Report (Date of earliest
event reported): </font><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">August 1, 2018</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:16.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:14.0pt;">Hasbro, Inc.</font></b></p>

<p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">(Exact name of
registrant as specified in its charter)&nbsp;</font></p>

<div align=left><table border=0 cellpadding=0 cellspacing=0 style="border-collapse:collapse;margin-left:10.05pt;width:100%;">
 <tr style="height:15.75pt;page-break-inside:avoid;">
  <td width=30% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman\,serif" style="font-size:10.0pt;">Rhode
  Island</font></b></p>
  </td>
 <td width=5% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=29% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman\,serif" style="font-size:10.0pt;">1-6682</font></b></p>
  </td>
 <td width=6% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=30% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman\,serif" style="font-size:10.0pt;">05-0155090</font></b></p>
  </td>
 </tr>
<tr style="height:15.75pt;page-break-inside:avoid;">
  <td width=30% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman\,serif" style="font-size:10.0pt;">(State
  or other jurisdiction of incorporation)</font></p>
  </td>
 <td width=5% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=29% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman\,serif" style="font-size:10.0pt;">(Commission
  File Number)</font></p>
  </td>
 <td width=6% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=30% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman\,serif" style="font-size:10.0pt;">(IRS
  Employer Identification No.)</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td width=30% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=29% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=30% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td valign=bottom width=30% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman\,serif" style="font-size:10.0pt;">1027
  Newport Ave., Pawtucket, Rhode Island</font></b></p>
  </td>
 <td width=5% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=29% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=30% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman\,serif" style="font-size:10.0pt;">02861</font></b></p>
  </td>
 </tr>
<tr style="height:15.75pt;page-break-inside:avoid;">
  <td valign=top width=30% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman\,serif" style="font-size:10.0pt;">(Address
  of principal executive offices)</font></p>
  </td>
 <td valign=top width=5% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=29% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=6% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=30% style="height:15.75pt;padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman\,serif" style="font-size:10.0pt;">(Zip
  Code)</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Registrant&#8217;s telephone number,
including area code:&nbsp;</font><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">(401) 431-8697</font></b></p>

<p align=center style="margin:0in;margin-bottom:12.0pt;text-align:center;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">______________________________________________</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Segoe UI Symbol,sans-serif" lang=EN-US style="font-size:10.0pt;">&#9744;</font><font color=black face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;&nbsp;&nbsp;</font><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425) </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Segoe UI Symbol,sans-serif" lang=EN-US style="font-size:10.0pt;">&#9744;</font><font color=black face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;&nbsp;&nbsp;</font><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12) </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Segoe UI Symbol,sans-serif" lang=EN-US style="font-size:10.0pt;">&#9744;</font><font color=black face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;&nbsp;&nbsp;</font><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Segoe UI Symbol,sans-serif" lang=EN-US style="font-size:10.0pt;">&#9744;</font><font color=black face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;&nbsp;&nbsp;</font><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Indicate
by check mark whether the registrant is an emerging growth company as defined
in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule
12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Emerging
growth company </font><font color=black face="Segoe UI Symbol,sans-serif" lang=EN-US style="font-size:10.0pt;">&#9744;</font><font color=black face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to
Section 13(a) of the Exchange Act. </font><font color=black face="Segoe UI Symbol,sans-serif" lang=EN-US style="font-size:11.0pt;">&#9744;</font><font face=Calibri\,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><a name="page_2"></a><a name="page_2_bclEnd"></a><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>


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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>


</DIV>
<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Item 5.02 &nbsp; &nbsp;Departure of
Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><i><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Amendment
of Brian D. Goldner&#8217;s Employment Agreement </font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">On
August 1, 2018, Hasbro, Inc. (&#8220;Hasbro&#8221;) and Brian D. Goldner, Hasbro&#8217;s Chairman
of the Board and Chief Executive Officer, entered into an amendment to Mr.
Goldner&#8217;s employment agreement (the &#8220;Amendment&#8221;).&#160; The Amendment extends the
term of Mr. Goldner&#8217;s employment agreement until December 31, 2022, and
increases his annual base salary to $1,600,000, effective retroactively to July
1, 2018.&#160; The Amendment also increases Mr. Goldner&#8217;s target annual long-term
equity incentive award to 800% of his base salary, beginning with Hasbro&#8217;s 2019
fiscal year.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">The
Amendment makes other administrative and conforming changes and revises the
definition of &#8220;Good Reason&#8221; to include &#8220;any reduction&#8221; in base salary, annual
bonus target or annual long-term equity incentive program target, unless such
reduction is due to a generally applicable reduction in the compensation of
Hasbro&#8217;s senior executives (this trigger is then included in both of the Good
Reason definitions in the employment agreement).&#160; The Amendment also provides
that during Mr. Goldner&#8217;s employment, he may pursue, in any capacity outside
his association with Hasbro, opportunities undertaken on his own time provided
that they do not interfere in any material respect with performance of his
duties to Hasbro, they are not competitive with Hasbro&#8217;s Core Business (as
defined in the Amendment) and such opportunities have first been offered to and
rejected by Hasbro (within a 30-day window).&#160; The Amendment revises Mr.
Goldner&#8217;s post-employment non-competition provision to preclude him, for a
two-year period, from pursuing business opportunities that are competitive with
Hasbro&#8217;s Core Business.&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Except
as set forth in the Amendment, the terms of Mr. Goldner&#8217;s Amended and Restated
Employment Agreement, as amended, are unchanged and remain in full force and
effect.&#160; For a description of the other terms of the Amended and Restated
Employment Agreement, as amended, which are not changed by the Amendment, refer
to Hasbro&#8217;s Current Reports on Form 8-K, which were filed on October 11th,
2012, August 6th, 2014, and December 20th, 2016.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">The
foregoing description of the Amendment does not purport to be a complete
statement of the parties&#8217; rights under the Amendment and is qualified in its
entirety by the full text of the Amendment, which is attached as Exhibit 10.1
to this Current Report on Form 8-K and is incorporated by reference herein.&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><i><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><i><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><i><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Promotion
of John A. Frascotti and Appointment of Mr. Frascotti to Hasbro&#8217;s Board of
Directors</font></i></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><i><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></i></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">On
August 1, 2018, the Board of Directors of Hasbro promoted John A. Frascotti,
President, to the position of President and Chief Operating Officer, and
appointed Mr. Frascotti to Hasbro&#8217;s Board of Directors, both effective
immediately.&#160; Mr. Frascotti will continue to report to Brian D. Goldner, who
remains Chairman and Chief Executive Officer of Hasbro.&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Mr.
Frascotti, age 57, joined Hasbro in 2008 as Senior Vice President and Chief
Marketing Officer, in 2013 was promoted to Executive Vice President and Chief
Marketing Officer, and in 2014 was promoted to President, Hasbro Brands.&#160; In
February 2017, Mr. Frascotti was promoted to President of Hasbro. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">In
connection with Mr. Frascotti&#8217;s promotion to President and Chief Operating
Officer, Hasbro and Mr. Frascotti entered into an Employment Agreement (the
&#8220;Employment Agreement&#8221;).&#160; The term of the Employment Agreement extends until
March 31, 2021, unless earlier terminated in accordance with the provisions of
the Employment Agreement.&#160; Either Hasbro or Mr. Frascotti may terminate the
Employment Agreement for any reason or no reason, with or without cause,
subject to the payment of severance in certain instances as described below.&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Pursuant
to the Employment Agreement, Mr. Frascotti will be paid an annual base salary,
effective immediately, of $1,100,000 and be entitled to an annual management
incentive plan bonus, beginning with Hasbro&#8217;s 2019 fiscal year, with a target
equal to 100% of his base salary.&#160; Mr. Frascotti is also eligible to receive
awards under Hasbro&#8217;s long-term equity incentive program with an annual target
equal to 400% of Mr. Frascotti&#8217;s base salary, beginning with Hasbro&#8217;s 2019
fiscal year.&#160; Mr. Frascotti is entitled to participate in all benefit programs
that Hasbro establishes </font><!-- Do not modify beyond this point! !--><a name=bcl_connect_next></a></p>
<DIV bclFooter>


<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>


</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_3"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">
<p style="margin:0in;margin-bottom:.0001pt;"><a name=bcl_connect_prev></a><!-- Do not modify before this point! !--><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">and makes available to its
senior officers, including group life insurance, short and long-term disability
insurance, vacation, medical, dental, defined contribution and deferred
compensation programs.&#160; All incentive compensation to which Mr. Frascotti is
entitled is subject to Hasbro&#8217;s Clawback Policy.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Mr.
Frascotti is eligible for severance in the event Hasbro terminates his
employment without Cause (as defined in the Employment Agreement) or if Mr.
Frascotti resigns for Good Reason (as defined in the Employment Agreement).&#160; If
such termination occurs prior to or more than two years following a Change in
Control (as defined in the Employment Agreement), Mr. Frascotti is eligible to
receive payment of his then-current base salary for a period of 18 months
following the date of termination, a prorated annual management incentive plan
bonus, pro rata vesting of any restricted stock units and performance share
awards, a one-year stock option exercise period for vested options, and certain
premium payments by Hasbro for continued medical and dental insurance under
COBRA for up to 18 months from the effective date of termination.&#160; If such
termination occurs within two years following a Change in Control, Mr.
Frascotti is eligible to receive a lump sum payment equal to two times his
then-current base salary, a lump sum payment equal to two times his annual
management incentive plan bonus, certain premium payments by Hasbro for
continued medical and dental insurance under COBRA for up to 12 months from the
effective date of termination, and accelerated vesting of (and lapse of
restrictions on) all unexpired, unvested stock options, performance share
awards and time-based restricted stock units.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Following
expiration of the term of the Employment Agreement, if (i) Hasbro does not
offer in writing to extend the term for at least an additional year on terms
and conditions at least as favorable as those set forth in the Employment
Agreement or (ii) the parties cannot otherwise mutually agree upon the terms of
an agreement for Mr. Frascotti to remain employed with Hasbro, then Mr.
Frascotti is eligible to receive payment of his then-current base salary for a
period of 12 months following the date of termination of employment and certain
premium payments by Hasbro for continued medical and dental insurance under
COBRA for up to 12 months from the effective date of termination.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">If
Mr. Frascotti&#8217;s employment terminates by reason of his death or Disability (as
defined in the Employment Agreement), Mr. Frascotti (or his estate) is entitled
to receive a prorated portion of Mr. Frascotti&#8217;s annual management incentive
plan bonus, become vested in a pro rata portion of any unvested restricted
stock units, become vested in a pro-rata portion of performance share awards,
and receive accelerated vesting of all unexpired, unvested stock options and a
one-year stock option exercise period.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">If
Mr. Frascotti&#8217;s employment is terminated by Hasbro for Cause, or if Mr.
Frascotti terminates his employment for other than Good Reason, Hasbro will pay
Mr. Frascotti the compensation and benefits otherwise payable to him through
the last day of his actual employment with Hasbro.&#160; All stock options,
restricted stock units and contingent performance stock performance awards
granted to Mr. Frascotti will be treated as provided in the relevant grant
agreements and plans.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">The
Employment Agreement contains certain post-employment restrictions on Mr.
Frascotti, including: </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-indent:-1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">i.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">a
non-competition provision that prohibits Mr. Frascotti from engaging, in any
geographical area in which Hasbro or any of its affiliates is doing business or
has done business at the time of the termination of his employment, in any
business which is competitive with the business of Hasbro as it exists at the
time of termination of Mr. Frascotti&#8217;s employment, and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-indent:-1.0in;"><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">ii.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">a
non-solicitation provision that prohibits Mr. Frascotti from (a) soliciting or
recruiting any employee of Hasbro or any of its affiliates to leave Hasbro or
any of its affiliates or (b) soliciting the business of any actual or
prospective clients, customers or accounts of Hasbro or any of its affiliates. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">The
duration of the post-employment restrictions is for a one-year period, unless
Mr. Frascotti is terminated without Cause or resigns for Good Reason, in which
case the restrictions are for a two-year period if the termination occurs
within two years following a Change in Control, and for an eighteen-month
period if the termination occurs prior to or more than two years following a
Change in Control.&#160; If Mr. Frascotti violates the post-employment restrictions
and does not cure such violation, the Employment Agreement provides that he
will forfeit and pay to Hasbro the Net Proceeds (as defined in the Employment
Agreement) obtained with respect to any unvested stock options, restricted
stock units, contingent stock performance awards or other equity that has been
accelerated in connection with the </font><!-- Do not modify beyond this point! !--><a name=bcl_connect_next></a></p></div><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_4"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">
<p style="margin:0in;margin-bottom:.0001pt;"><a name=bcl_connect_prev></a><!-- Do not modify before this point! !--><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">termination of his
employment by Hasbro without Cause or by Mr. Frascotti for Good Reason.&#160; The
Employment Agreement also conditions severance (other than following death or
Disability) upon Mr. Frascotti timely entering into a severance and release of
claims agreement.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><a name="_Hlk519935538"></a><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">The foregoing description of the
Employment Agreement does not purport to be a complete statement of the
parties&#8217; rights under the agreement and is qualified in its entirety by the
full text of the Employment Agreement, which is attached as Exhibit 10.2 to
this Current Report on Form 8-K and is incorporated by reference herein.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;In
connection with the amendment to Mr. Goldner&#8217;s employment agreement and the
promotion of Mr. Frascotti and appointment of Mr. Frascotti to Hasbro&#8217;s Board
of Directors, Hasbro issued a press release on August 6<sup>th</sup>, 2018. A
copy of that press release is attached to this report as Exhibit 10.3.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Item
9.01</font></b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Financial
Statements and Exhibits.</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">(d)&nbsp; Exhibits</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:1.0in;text-indent:-.5in;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">10.1&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><a href="exhibit101.htm"><u><font color=blue face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">August
1, 2018 Amendment to the Employment Agreement, between Mr. Goldner and Hasbro,
Inc.</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">10.2&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><a href="exhibit102.htm"><u><font color=blue face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Employment
Agreement between Mr. Frascotti and Hasbro, Inc., dated August 1, 2018.</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">10.3&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><a href="exhibit103.htm"><u><font color=blue face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Press
Release, dated August 6, 2018.</font></u></a></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>

</div><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_5"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">SIGNATURES</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman\,serif" lang=EN-US style="font-size:10.0pt;">Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.</font></p>

<div align=left><table border=0 cellpadding=0 cellspacing=0 style="border-collapse:collapse;width:100%;">
 <tr>
  <td valign=top width=47% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=7% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=46% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">HASBRO,
  INC.</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=47% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=7% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=46% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=47% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=7% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">By:</font></p>
  </td>
 <td valign=top width=46% style="border:none;border-bottom:solid black 1.5pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">/s/
  Deborah Thomas</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=47% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=7% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">Name:</font></p>
  </td>
 <td valign=top width=46% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">Deborah
  Thomas</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=47% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=7% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">Title:</font></p>
  </td>
 <td valign=top width=46% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">Executive
  Vice President and Chief Financial Officer</font></p>
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">(Duly
  Authorized Officer and Principal Financial Officer)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=47% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">Date:
  August 6, 2018</font></p>
  </td>
 <td valign=top width=7% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=46% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman\,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>



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<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>exhibit101.htm
<DESCRIPTION>AUGUST 1, 2018 AMENDMENT TO THE EMPLOYMENT AGREEMENT, BETWEEN MR. GOLDNER AND HASBRO, INC.
<TEXT>

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<p align=right style="background:white;margin-left:0in;margin-right:0in;page-break-after:avoid;text-align:right;"><b><font face=Calibri,sans-serif lang=EN style="font-size:10.5pt;">Exhibit 10.1</font></b></p>

<p align=center style="margin-left:0in;margin-right:0in;text-align:center;text-indent:.5in;"><b><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">August 1, 2018
Amendment to the Employment Agreement</font></u></b></p>

<p style="margin-left:0in;margin-right:0in;text-indent:.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">WHEREAS, the Board of Directors of
Hasbro, Inc. (the &#8220;Company&#8221;) has determined that it is in the best interest of
the Company and its shareholders to extend the employment of Brian Goldner
(&#8220;Executive&#8221;) with the Company through December 31, 2022, and the Company and
Executive have, therefore, agreed to amend certain terms of the Amended and
Restated Employment Agreement between the Company and Executive effective as of
October 4, 2012, as amended by the August 5, 2014 Amendment to the Amended and
Restated Employment Agreement and the December 15, 2016 Amendment to the
Employment Agreement (as so amended, the &#8220;Employment Agreement&#8221;); and</font></p>

<p style="margin-left:0in;margin-right:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; WHEREAS
Executive has agreed to the amendments of the Employment Agreement set forth in
this August 1, 2018 Amendment to the Employment Agreement (the &#8220;Third
Amendment&#8221;); </font></p>

<p style="margin-left:0in;margin-right:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; NOW,
THEREFORE, in consideration of the mutual covenants and promises contained
herein and other good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, the parties hereto agree to the following
changes to the Employment Agreement, each of which shall be effective as of
August 1, 2018 (the &#8220;Effective Date&#8221;) unless expressly stated otherwise below:</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">1.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Section
1 of the Employment Agreement shall be amended to change the term end date from
December 31, 2020 to December 31, 2022.&#160; </font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">2.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">To
memorialize Executive&#8217;s earlier title change, Section 2 of the Employment
Agreement shall be amended to change Executive&#8217;s title from President, Chairman
and Chief Executive Officer to Chairman and Chief Executive Officer.&#160; All
subsequent references in the Employment Agreement to President, Chairman and
Chief Executive Officer shall be deemed amended to read Chairman and Chief
Executive Officer. </font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">3.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">The
last sentence of Section 2 of the Employment Agreement shall be deleted in its
entirety and replaced with the following:&#160; &#8220;Executive agrees to comply with all
applicable Hasbro written policies of which he is aware and that are in effect
during the Term.&#8221;</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>


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<p style="margin-left:0in;margin-right:0in;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


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<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">4.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">The first sentence of Section 3.1 of the Employment Agreement (i.e., the
sentence beginning &#8220;Beginning on January 1, 2017&#8221;) shall be deleted in its
entirety and replaced with the following: &#8220;Beginning on the Effective Date,
Hasbro shall pay to Executive an annualized base salary of One Million, Six Hundred
Thousand Dollars ($1,600,000) in biweekly installments, less all applicable
taxes and withholdings.&#160; On Hasbro&#8217;s first regular payroll date that occurs
during the Term, Hasbro shall provide Executive, in addition to his regular
paycheck for the pay period, a lump sum payment reflecting a retroactive
adjustment to this base salary rate for the period commencing on July 1, 2018
and ending on the Effective Date.&#8221; </font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">5.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Section
3.5 of the Employment Agreement shall be deleted in its entirety and replaced
with the following: </font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:1.5in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Executive shall
participate in Hasbro&#8217;s long-term incentive program and shall, beginning in
Hasbro&#8217;s 2019 fiscal year, have a target long-term incentive award level equal
to 800% of his annualized base salary, with awards to be made in the form and
amounts determined by Hasbro&#8217;s Compensation Committee, which may include
options and/or performance share awards (&#8220;PSAs&#8221;) or other types of awards.&#160; For
each fiscal year after 2019 that this Agreement remains in effect, Executive&#8217;s
target long-term incentive award levels shall be reviewed in accordance with
Hasbro&#8217;s compensation philosophy, market conditions and other factors deemed
relevant by the Compensation Committee, and upwardly adjusted to the extent, if
any, deemed appropriate by Hasbro&#8217;s Compensation Committee and Board; provided,
however, that Executive&#8217;s target long-term incentive award level may be reduced
if in connection with a generally applicable reduction in the target long-term
incentive award levels of Hasbro&#8217;s senior executives. </font></p>

<p style="margin-bottom:0in;margin-left:1.5in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>


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<p style="margin-bottom:0in;margin-left:1.5in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Following Executive&#8217;s resignation or termination from
employment by Hasbro for any reason other than for Cause, and provided
Executive abides by all non-competition, non-solicitation, confidentiality, and
other similar obligations to Hasbro (and, in the event of a termination by
Hasbro without Cause or resignation by Executive for Good Reason, in each case
pursuant to Section 5.3 or 5.4, enters into a Release as set forth in Section
5.3 or 5.4, as applicable), Executive shall remain eligible to receive a
pro-rated portion of each PSA award that was granted to him pursuant to
Hasbro&#8217;s long-term incentive program prior to the date of his termination of
employment, pro-rated in each case based on his termination date (i.e., in
accordance with the portion of the total performance period that has elapsed as
of the termination date) and contingent in each case upon the level of
achievement of the relevant performance criteria, as determined by Hasbro
following the end of each relevant performance period in accordance with the
applicable long-term incentive program and grant terms.&#160; The pro-rata portion
of such PSAs shall be paid out in the form of shares at the same time as shares
are paid out to other participants at the end of the applicable performance period.
</font></p>

<p style="margin-bottom:0in;margin-left:1.5in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:1.5in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">For the avoidance
of doubt, if Executive remains employed through December 31, 2022 and
thereafter ceases his employment but remains a member of the Board or otherwise
engaged as a service provider to Hasbro or any of its affiliated companies,
during his service as a Board member or otherwise, Executive shall continue to
vest in each PSA award that was granted to him pursuant to Hasbro&#8217;s long-term
incentive program prior to December 31, 2022 as if Executive were an employee
of Hasbro.&#160; </font></p>

<p style="margin-bottom:0in;margin-left:1.5in;margin-right:0in;margin-top:0in;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font style="vertical-align:super;"><font style="vertical-align:baseline;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">6.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</font></font></font><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Sections
4.1.2 and 4.4.2 of the Employment Agreement shall be amended to delete and
replace the language &#8220;Within three years following . . .&#8221; with the following
new language:&#160; &#8220;On or within three years following . . .&#8221;.</font><font style="vertical-align:super;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;"> &nbsp;</font></font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">7.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Section
4.4.1(a) of the Employment Agreement shall be deleted in its entirety and
replaced with the following: &#8220;(a) a reduction in Executive&#8217;s base salary or
Annual Bonus opportunity or target annual long-term incentive opportunity
(under Section 3.4), without his consent, unless such reduction is due to a
generally applicable reduction in the compensation of Hasbro&#8217;s senior
executives.&#8221;</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">8.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Section
4.4.2 of the Employment Agreement shall be amended to add the following new
clause (g):&#160; &#8220;(g) a reduction in Executive&#8217;s base salary or Annual Bonus
opportunity or target annual long-term incentive opportunity (under Section
3.4), without his consent, unless such reduction is due to a generally
applicable reduction in the compensation of Hasbro&#8217;s senior executives.&#8221;</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">9.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Section
4.4.3 of the Employment Agreement shall be amended to add the following new
clause (c):&#160; &#8220;and Executive resigns, if at all, within thirty (30) days of the
conclusion of the cure period.&#8221;</font></p>

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<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">10.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp; </font><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Section 6.1 of the
Employment Agreement shall be deleted in its entirety and replaced with the
following:</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:1.5in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">6.1&#160; Executive
and Hasbro hereby agree as follows:</font></p>

<p style="margin-bottom:0in;margin-left:1.5in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:2.0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">6.1.1&#160; During
Executive&#8217;s employment with Hasbro (including any of its affiliates), Executive
may pursue, in any capacity outside his association with Hasbro, any business
opportunity that is presented to Executive in any capacity outside his
association with Hasbro, provided that (a) such business opportunity is
undertaken on Executive&#8217;s own time, (b) Executive&#8217;s pursuit of and/or work on
such business opportunity does not interfere in any material respect with the
performance of Executive&#8217;s duties under this Agreement, (c) the business
opportunity is not competitive with Hasbro&#8217;s Core Business (as defined in
Section 6.1.3 below), (d) Executive has first offered the business opportunity
to Hasbro, in an e-mail or other written document (the &#8220;Business Request&#8221;) sent
to the Chair of the Board&#8217;s Nominating, Governance and Social Responsibility
Committee, or its successor (the &#8220;Chair&#8221;), copying Hasbro&#8217;s General Counsel
(which Business Request, if sent via e-mail, will be deemed received by the
Chair upon Executive&#8217;s sending of the e-mail), and (e) Hasbro has declined to
respond to Executive, in an e-mail or other written document (the &#8220;Business
Response&#8221;) sent to Executive within thirty (30) days following the Chair&#8217;s
receipt of the Business Request (which Business Response, if sent via e-mail,
will be deemed received by Executive upon the Chair&#8217;s sending of the e-mail),
indicating that Hasbro is opting to pursue such business opportunity itself.&#160; </font></p>

<p style="margin-bottom:0in;margin-left:2.0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:2.0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">6.1.2&#160; For a
period of two (2) years after Executive&#8217;s employment with Hasbro (including any
of its affiliates) ends for any reason, Executive shall not, in the
geographical area in which Hasbro or any of its affiliates does business or has
done business at the time of Executive&#8217;s cessation of employment, whether on a
direct or indirect basis, and whether as an owner, partner, officer, director,
employee, consultant, investor, lender or otherwise (except as the holder of
not more than 1% of the outstanding stock of a publicly held company), engage
in any business or enterprise that would be competitive with Hasbro&#8217;s Core
Business.</font></p>

<p style="margin-bottom:0in;margin-left:2.0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

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<p style="margin-bottom:0in;margin-left:2.0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">6.1.3&#160; Executive agrees that Hasbro is a global play and
entertainment company and that its core business constitutes the development,
manufacturing, marketing, licensing, selling, distribution and/or other
provision of (i) toys, (ii) games (including, without limitation, digital,
mobile or online games), and/or (iii) other entertainment (including, without
limitation, television, motion pictures, online content, streamed content
and/or other forms of entertainment content), provided that in the case of this
subsection (iii) only, the entertainment will be considered part of Hasbro&#8217;s
Core Business only if it is primarily directed at or marketed towards children
or children and their families (the &#8220;Core Business&#8221;). </font></p>

<p style="margin-bottom:0in;margin-left:1.5in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">11.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp; </font><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Section 6.6 of the
Employment Agreement shall be amended so that every reference therein to &#8220;6.1&#8221;
shall be deemed to read &#8220;6.1.2.&#8221;</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">12.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp; </font><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Section 10 of the Employment
Agreement shall be amended to delete and replace all references to &#8220;Executive&#8221;
with the following language:&#160; &#8220;Each of the parties hereto&#8221;.</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">13.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp; </font><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">The last sentence of Section
11 of the Employment Agreement shall be amended to add &#8220;other than for purposes
of Section 6,&#8221; after &#8220;As used in this Agreement,&#8221;.</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:12.0pt;margin-left:1.0in;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">14.</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp; </font><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Except as expressly modified
herein, the Employment Agreement shall remain in full force and effect.&#160; </font></p>

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<p style="margin-left:0in;margin-right:0in;page-break-after:avoid;text-align:justify;text-indent:.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">IN WITNESS
WHEREOF, the parties hereto have executed this Third Amendment under seal as of
the day and year set forth below.</font></p>

<p style="margin-left:1.0in;margin-right:0in;page-break-after:avoid;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-left:1.0in;margin-right:0in;page-break-after:avoid;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Hasbro, Inc.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Brian
Goldner</font></p>

<p style="margin-left:1.0in;margin-right:0in;page-break-after:avoid;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-left:1.0in;margin-right:0in;page-break-after:avoid;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&nbsp;</font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160; /s/
Edward Philip&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;/s/ Brian Goldner&#160;&#160;&#160;&#160;&#160; &#160;&#160; </font></u></p>

<p style="margin-left:1.0in;margin-right:0in;page-break-after:avoid;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">By: Edward
Philip</font></p>

<p style="margin-left:1.0in;margin-right:0in;page-break-after:avoid;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-left:1.0in;margin-right:0in;page-break-after:avoid;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Title: Lead
Independent Director</font></p>

<p style="margin-left:1.0in;margin-right:0in;page-break-after:avoid;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-left:1.0in;margin-right:0in;page-break-after:avoid;"><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;
8/1/18&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;8/1/18&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;
&nbsp;</font></u></p>

<p style="margin-left:1.0in;margin-right:0in;page-break-after:avoid;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Date&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Date</font></p>

<p style="margin-left:0in;margin-right:0in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin-left:0in;margin-right:0in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>



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<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>exhibit102.htm
<DESCRIPTION>EMPLOYMENT AGREEMENT BETWEEN MR. FRASCOTTI AND HASBRO, INC., DATED AUGUST 1, 2018
<TEXT>

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<p style="margin-left:0in;margin-right:0in;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


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<p align=right style="background:white;border:none;margin-left:0in;margin-right:0in;page-break-after:avoid;text-align:right;"><font style="border:none;"><b><font face=Calibri,sans-serif lang=EN style="font-size:10.5pt;">Exhibit 10.2</font></b></font></p>

<p align=center style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">EMPLOYMENT AGREEMENT</font></u></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">This Employment Agreement
(the &#8220;Agreement&#8221;), effective as of August 1, 2018</font><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;"> </font></b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">(the &#8220;Effective
Date&#8221;), is entered into by and between Hasbro, Inc., a Rhode Island corporation
with a principal place of business at 1011 Newport Avenue, Pawtucket, Rhode
Island 02862 (the &#8220;Company&#8221; or &#8220;Hasbro&#8221;), and John Frascotti (the &#8220;Executive&#8221;).
</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">WHEREAS, the Company desires
to continue to employ the Executive pursuant to the terms and conditions set
forth in this Agreement;</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">WHEREAS, the Executive
desires to continue his employment with the Company pursuant to the terms and
conditions hereof.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">NOW, THEREFORE, in
consideration of the continued employment of the Executive, and for other good
and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Company and the Executive agree as follows:</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">1.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Term of
Employment</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; The Company hereby agrees to continue to employ the Executive,
and the Executive hereby accepts continued employment with the Company, upon
the terms set forth in this Agreement, for the period commencing on the
Effective Date and ending on March 31, 2021<a name="_cp_text_1_9"></a> (the &#8220;End
Date&#8221;), unless earlier terminated or extended pursuant to the provisions of
Section 4 (such period, the &#8220;Employment Period&#8221;).&#160; </font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">2.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Title;
Capacity</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; During the Employment Period, the Executive shall serve as the
Company&#8217;s President and Chief Operating Officer and the Company will nominate
the Executive to be elected as a member of the Company&#8217;s Board of Directors
(the &#8220;Board&#8221;).&#160; The Executive shall continue be based at the Company&#8217;s
headquarters in Pawtucket, Rhode Island.&#160; The Executive shall be subject to the
supervision of, and shall have such authority as is delegated to the Executive
by, the Chief Executive Officer of the Company (the &#8220;CEO&#8221;).&#160; The Executive
hereby accepts such continued employment and agrees to undertake the duties and
responsibilities inherent in such position and such other duties and
responsibilities as the CEO shall from time to time reasonably assign to the
Executive.&#160; The Executive agrees to devote his entire business time, attention
and energies to the business and interests of the Company during the Employment
Period.&#160; The Executive agrees to abide by the rules, regulations, instructions,
personnel practices and policies of the Company and any changes therein which
may be adopted from time to time by the Company.&#160; </font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">3.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Compensation
and Benefits</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; &nbsp;</font></font></p>


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<p style="margin-left:0in;margin-right:0in;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


</DIV>
<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">3.1&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Base
Salary</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; Beginning on the Effective Date, the Company shall pay the
Executive, in periodic installments in accordance with the Company&#8217;s customary
payroll practices, a base salary at the annualized rate of $1,100,000 (the
&#8220;Base Salary&#8221;).&#160; The Executive&#8217;s base salary shall be reviewed annually in
accordance with the Company&#8217;s compensation guidelines for senior executives,
and may be upwardly adjusted to the extent, if any, deemed appropriate by
Hasbro&#8217;s Compensation Committee and the Board; provided, however, that the
Executive&#8217;s Base Salary may be reduced if in connection with a generally
applicable reduction in the compensation of the Company&#8217;s senior executives.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">3.2&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Management
Incentive Plan Bonus</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; Beginning in the Company&#8217;s 2019 fiscal year, the
Executive shall be eligible to receive an annual management incentive plan
bonus based on a target of one hundred percent (100%) of the Executive&#8217;s earned
Base Salary for the incentive year (the &#8220;Annual Bonus&#8221;).&#160; For each fiscal year
thereafter that this Agreement is in effect, the Executive&#8217;s target bonus shall
be reviewed in accordance with the Company&#8217;s compensation philosophy, market
conditions and other factors deemed relevant by the Compensation Committee, and
upwardly adjusted to the extent, if any, deemed appropriate by the Compensation
Committee and the Board; provided, however, that the Executive&#8217;s target bonus
may be reduced if in connection with a generally applicable reduction in the
target bonuses of Hasbro&#8217;s senior executives.&#160; The performance criteria and
targets to be used for purposes of the management incentive plan annual bonus
shall be determined and established by the CEO and the Compensation Committee
following discussion with the Executive.&#160; Actual bonus awards shall be
determined in the discretion of the Compensation Committee pursuant to the
terms of the Company&#8217;s Senior Management Annual Performance Plan (or the
successor thereto).</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">3.3&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Long-Term
Incentive</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; The Executive shall participate in the Company&#8217;s long-term
incentive program and shall, beginning in the Company&#8217;s 2019 fiscal year, have
a target annual long-term incentive award level equal to 400% of his annualized
Base Salary, with awards to be made in the form and amounts determined by the
Company&#8217;s Compensation Committee, which may include options and/or performance
share awards (&#8220;PSAs&#8221;) or other types of awards.&#160; For each fiscal year after
2019 that this Agreement remains in effect, the Executive&#8217;s target long-term
incentive award levels shall be reviewed in accordance with the Company&#8217;s
compensation philosophy, market conditions and other factors deemed relevant by
the Compensation Committee, and upwardly adjusted to the extent, if any, deemed
appropriate by the Compensation Committee and the Board; provided, however,
that the Executive&#8217;s target long-term incentive award level may be reduced if
in connection with a generally applicable reduction in the target long-term
incentive award levels of Hasbro&#8217;s senior executives.&#160; </font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">3.4&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Fringe Benefits</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160;
The Executive shall be entitled to participate in all benefit programs that the
Company establishes and makes available to its senior officers to the extent
that the Executive&#8217;s position, tenure, salary and other qualifications make the
Executive eligible to participate, including but not limited to the Company&#8217;s
group life insurance, short and long term disability insurance, vacation,
medical, dental, defined contribution and deferred compensation programs for
salaried executives, as in effect from time-to-time.</font></font></p>


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<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">3.5&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Reimbursement
of Expenses</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; The Company shall reimburse the Executive for all reasonable
travel, entertainment and other expenses incurred or paid by the Executive in
connection with, or related to, the performance of his</font><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;"> </font></b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">duties and
responsibilities under this Agreement, in accordance with the policies and
procedures, and subject to the limitations, adopted by the Company from time to
time.&#160;&#160; </font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">3.6&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Clawback Policy</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160;
The Executive understands and agrees that all incentive compensation to which
he is or becomes entitled shall be subject to the terms of any clawback policy
that may be adopted by the Board from time to time for application to the
senior executives of the Company (the &#8220;Clawback Policy&#8221;).&#160; For the avoidance of
doubt, the Executive shall be covered by the Clawback Policy only if and to the
extent other senior executives are also covered by such policy.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">3.7&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Withholding</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160;
All compensation payable to the Executive shall be subject to applicable taxes
and withholding.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">4.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Termination of
Employment Period</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; This Agreement and the employment of the Executive
shall terminate upon the occurrence of any of the following:</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">4.1&#160;&#160;&#160;&#160;&#160;&#160; Expiration of the
Employment Period;</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">4.2&#160;&#160;&#160;&#160;&#160;&#160; At the election of
the Company for Cause (as defined below), immediately upon written notice by
the Company to the Executive, which notice shall identify the Cause upon which
the termination is based;</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">4.3&#160;&#160;&#160;&#160;&#160;&#160; At the election of
the Executive for Good Reason (as defined below), pursuant to the provisions
set forth below;</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">4.4&#160;&#160;&#160;&#160;&#160;&#160; Upon the death or
Disability (as defined below) of the Executive;</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">4.5&#160;&#160;&#160;&#160;&#160;&#160; At the election of
the Company without Cause, upon not less than 15 days&#8217; prior written notice of
termination (the &#8220;Notice Period&#8221;), provided, however, that the Company may, in
its sole discretion, in lieu of all or part of the Notice Period, pay the
Executive an amount equal to the Base Salary that would otherwise have been
payable to the Executive had the Executive remained employed for the duration
of the Notice Period (in which case the Executive&#8217;s termination will become
effective on the date set forth in the Company&#8217;s written notice of termination
(the &#8220;Early Termination Date&#8221;), and the Executive will be paid an amount equal
to the Base Salary the Executive would have received had the Executive remained
employed by the Company between the Early Termination Date and the end of the
Notice Period (the &#8220;Early Termination Payment&#8221;), with the Early Termination Payment
to be made no later than the 30th day following the end of the Notice Period);
or</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">4.6&#160;&#160;&#160;&#160;&#160;&#160; At the election of
the Executive without Good Reason, upon not less than 15 days&#8217; prior written
notice of termination.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">5.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Effect of
Termination</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; &nbsp;</font></font></p>


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</DIV>
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<p style="margin-left:0in;margin-right:0in;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


</DIV>
<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">5.1&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Termination
by the Company Without Cause or by the Executive for Good Reason Within 24
Months Following a Change in Control</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; If, within 24 months following a
Change in Control (as defined below), either the Executive&#8217;s employment is
terminated by the Company without Cause (other than due to his</font><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;"> </font></b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Disability
or death) or the Executive resigns for Good Reason, then, following the
Executive&#8217;s date of termination (the &#8220;Date of Termination&#8221;) and subject to the
conditions of Section 6 and in accordance with the timing and payment terms set
forth in Section 6:</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Company
shall, on the Payment Commencement Date (as defined below), pay to the
Executive an amount equal to two times the Executive&#8217;s then current Base Salary
as severance;</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Company
shall, on the Payment Commencement Date, pay to the Executive an amount equal
to two times the Executive&#8217;s target Annual Bonus;</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160; if the Executive
is eligible for and timely elects to continue receiving group medical and/or
dental insurance under the continuation coverage rules known as COBRA, the
Company will continue to pay the share of the premium for such coverage that it
pays for active and similarly-situated employees who receive the same type of
coverage (single, family, or other) until the earlier of (x) the end of the 12<sup>th
</sup>month after the Date of Termination, and (y) the date the covered
individual&#8217;s COBRA continuation coverage expires, unless, as a result of a
change in legal requirements, the Company&#8217;s provision of payments for COBRA
will violate the nondiscrimination requirements of applicable law, in which
case this benefit will not apply; and </font></font></p>


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</DIV>
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</DIV>
<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160; there
shall be acceleration of vesting of, and lapse of restrictions on, all
unexpired, unvested stock options and time-based restricted stock units, such
that said stock options and restricted stock units become fully vested as of
the Date of Termination, except as otherwise provided in the terms of such
Awards (as defined below).&#160; In addition, to the extent the Executive is the
holder of any stock options, restricted stock units, contingent performance
share awards and performance share awards (each, an &#8220;Award&#8221;), he shall be
entitled to the number of shares of common stock, if any, that would have been
earned (had the Executive&#8217;s employment not ended) based on achievement of the
applicable targets during the full relevant Performance Period (as defined
under the Award), pro-rated by multiplying that number of shares by a fraction,
the numerator of which is the number of days from the start of the Performance
Period to the Date of Termination, and the denominator of which is the total
number of days of the applicable Performance Period.&#160; Any shares to be
distributed pursuant to an Award shall be provided to the Executive after the
end of the applicable Performance Period for that Award in accordance with the
Award&#8217;s terms, but in no event earlier than thirty (30) days after the
evaluation of the applicable Performance Period is completed.&#160; The Executive
may not exercise or dispose of any portion of an Award or related shares of
common stock that vest or become exercisable under this Section 5.1(d) until
such time as the Executive Release (as defined below) becomes irrevocable (and
any amounts that were unvested or unexercisable as of the Date of Termination
shall immediately expire upon the 60th day following the Date of Termination if
the Executive Release has not then become irrevocable).&#160; All shares to be
distributed pursuant to any of the foregoing awards shall be provided to the
Executive within thirty (30) days after the date the Executive Release executed
by the Executive has become irrevocable or such later date as provided above,
except as may be required under Section 7 hereof.&#160; The stock options shall
remain exercisable in accordance with the relevant agreements and plans
(provided that the stock options shall remain exercisable for a period of one
year, but not longer than the expiration of the original maximum term of the
stock option).</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">5.2&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Termination by
the Company Without Cause or by the Executive for Good Reason Prior to, or More
than 24 Months Following, a Change in Control</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; If, prior to a Change in
Control or more than 24 months following a Change in Control, either the
Executive&#8217;s employment is terminated by the Company without Cause (other than
for Disability or death) or the Executive resigns for Good Reason, then,
following the Date of Termination and subject to the conditions of Section 6
and in accordance with the payment terms set forth in Section 6:</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Company
shall, for a period of 18 months beginning on the Payment Commencement Date,
continue to pay to the Executive, in accordance with the Company&#8217;s customary
payroll practices, his</font><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;"> </font></b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">then current Base Salary as severance;</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Executive
will receive an amount equal to the annual management incentive plan bonus that
would have been otherwise payable to the Executive for the fiscal year in which
the Date of Termination occurs based on the actual performance of the Company
for such year, and assuming the Executive&#8217;s employment had not terminated prior
to the payment date for such bonus, multiplied by a fraction, the numerator of
which is the number of days elapsed in the fiscal year of termination of
employment through the Date of Termination, and the denominator of which is 365
(the &#8220;Pro-Rata Bonus&#8221;), to be paid at the same time as such bonuses are paid to
senior executives of the Company (but in no event earlier than the Payment
Commencement Date);</font></font></p>


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</DIV>
<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160; if
the Executive is eligible for and timely elects to continue receiving group
medical and/or dental insurance under the continuation coverage rules known as COBRA,
the Company will continue to pay the share of the premium for such coverage
that it pays for active and similarly-situated employees who receive the same
type of coverage (single, family, or other) until the earlier of (x) the end of
the 18<sup>th </sup>month after the Date of Termination, and (y) the date the
covered individual&#8217;s COBRA continuation coverage expires, unless, as a result
of a change in legal requirements, the Company&#8217;s provision of payments for
COBRA will violate the nondiscrimination requirements of applicable law, in
which case this benefit will not apply; and </font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160; the Executive
shall become vested in a pro-rata portion of any unvested restricted stock
units as of the Date of Termination, computed by multiplying the full number of
any unvested restricted stock units as of the Date of Termination by a
fraction, the numerator of which is the number of days in the remaining Vesting
Period (as defined in the applicable award grant) after the most recent Annual
Vesting Date (as defined in the applicable award grant) that has been achieved,
if any (i.e. the number of days elapsed since the Grant Date (as defined in the
applicable award grant) or any later Annual Vesting Date that has occurred)
which have already elapsed as of the Date of Termination, inclusive of such
date, and the denominator of which is the total number of days in the Vesting
Period remaining since either the Grant Date or any later Annual Vesting Date
that has occurred (the &#8220;Pro-Rata RSU Vesting&#8221;).&#160;&#160; In addition, to the extent
the Executive is the holder of any performance share award, he shall be
entitled to the number of shares of common stock, if any, that would have been
earned (had the Executive&#8217;s employment not ended) based on achievement of the
applicable targets during the full relevant Performance Period (as defined
under such award), pro-rated by multiplying that number of shares by a
fraction, the numerator of which is the number of days from the start of the
Performance Period to the Date of Termination, and the denominator of which is
the total number of days of the applicable Performance Period (the &#8220;Pro-Rated
PSA Vesting&#8221;).&#160; Any shares to subsequently be distributed shall be provided to
the Executive after the end of the applicable Performance Period in accordance
with the terms of the applicable award, but in no event earlier than thirty
(30) days after the evaluation of the applicable Performance Period is
completed (the &#8220;Pro-Rated PSA Vesting Schedule&#8221;).&#160; The Executive may not
exercise or dispose of any portion of an award that vests under this Section
5.2(d) until such time as the Executive Release becomes irrevocable (and any
amounts that were unvested as of the Date of Termination shall immediately
expire upon the 60th day following the Date of Termination if the Executive
Release has not then become irrevocable).&#160; All shares to be distributed
pursuant to any of the foregoing awards shall be provided to the Executive
within thirty (30) days after the date the Executive Release executed by the
Executive has become irrevocable or such later date as provided above, except
as may be required under Section 7 hereof.&#160; Any unvested stock options held by
the Executive shall be forfeited as of the Date of Termination, but all vested
stock options held by the Executive as of the Date of Termination shall remain
exercisable for a period of one year following the Date of Termination, but not
longer than the expiration of the original maximum term of the stock option.&#160; </font></font></p>


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</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_7"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">
<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;5.3&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Termination
by the Company for Cause, by the Executive Without Good Reason, or Due to
Expiration of the Employment Period</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; If the Company terminates the
Executive&#8217;s employment for Cause, the Executive resigns without Good Reason, or
the Employment Period expires on the End Date, then the Company&#8217;s obligations
under this Agreement shall immediately cease and the Executive shall be
entitled to only the Base Salary that has accrued and to which the Executive is
entitled as of the Date of Termination.&#160; The Executive shall not be entitled to
any other compensation or consideration that the Executive may have received
had the Employment Period not ended, and all stock options, restricted stock
units and contingent performance share awards granted to the Executive shall be
treated as provided in the relevant agreements and plans.&#160; Notwithstanding the
foregoing, if (i) the Company does not offer in writing to extend the
Employment Period, on terms and conditions at least as favorable as those set
forth in this Agreement, for an additional period of at least one year
following the End Date, or (ii) the parties cannot otherwise mutually agree
upon the terms of an agreement pursuant to which the Executive would remain
employed with the Company following the End Date, then, following the Date of
Termination and subject to the conditions of Section 6 and in accordance with
the payment terms set forth in Section 6, for a period of 12 months beginning
on the Payment Commencement Date, the Company would (a) continue to pay to the
Executive, in accordance with the Company&#8217;s customary payroll practices, his</font><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">
</font></b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">then current Base Salary as severance, and (b) if the Executive is eligible
for and timely elects to continue receiving group medical and/or dental
insurance under the continuation coverage rules known as COBRA, continue to pay
the share of the premium for such coverage that it pays for active and
similarly-situated employees who receive the same type of coverage (single,
family, or other) unless, as a result of a change in legal requirements, the
Company&#8217;s provision of payments for COBRA will violate the nondiscrimination
requirements of applicable law, in which case this benefit will not apply.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">5.4&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Termination due
to the Executive&#8217;s Death or Disability</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; If the Executive&#8217;s employment is
terminated due to his death or Disability, the Executive will receive the
Pro-Rata Bonus, and Pro-Rata RSU Vesting, as well as accelerated vesting of all
unexpired, unvested stock options, such that said stock options become fully
vested as of the Date of Termination, except as otherwise provided in the terms
of such Awards, and provided that the stock options shall remain exercisable
for a period of one year following the Date of Termination, but not longer than
the expiration of the original maximum term of the stock option.&#160; In addition,
in the event of the Executive&#8217;s Disability, the Executive shall be entitled to
Pro-Rated PSA Vesting pursuant to the Pro-Rated PSA Vesting Schedule or, in the
event of the Executive&#8217;s death, the Executive&#8217;s estate shall be issued the
number of shares of common stock that is computed by multiplying: (i) the
number of shares of common stock which would have been issuable to the
Executive pursuant to the applicable award assuming completion of the
applicable Performance Period and the Company&#8217;s achievement of the applicable
targets during the full relevant Performance Period (as defined under such
award), multiplied by (ii) a fraction, the numerator of which is the number of
days from the start of the applicable Performance Period to the Date of
Termination and the denominator of which is the total number of days in the
applicable Performance Period, with such pro-rated target award to be payable
as soon as is reasonably practicable following the Executive&#8217;s death.</font></font></p>

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<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">5.5&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">No
Other Severance</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; The Executive shall not be entitled to any benefits
beyond those provided for in this Section 5 by virtue of termination of his
employment or this Agreement, including pursuant to any generally applicable
Hasbro plan, policy, or agreement.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">5.6&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Other Effects
of Termination</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; Upon termination of the Executive&#8217;s employment for any
reason, the Executive shall resign effective as of such date from any position
he may then hold as a Board member or officer of Hasbro or any subsidiary or
affiliate of Hasbro.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">6.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Release</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160;
The obligation of the Company to make the payments and provide the benefits to
the Executive under Section 5.1, 5.2, or</font><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;"> </font></b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">5.3 is conditioned upon the
Executive signing and delivering to the Company a severance and release of
claims agreement in a form to be provided by the Company (which will include,
at a minimum, a release of all releasable claims and non-disparagement and
cooperation obligations) (the &#8220;Executive Release&#8221;), which Executive Release
must become irrevocable within sixty (60) days following the Date of
Termination.&#160; Except as otherwise provided in Section 5.2(b), the Company shall
commence or make, as applicable, the payments under Section 5.1, 5.2, or</font><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;"> </font></b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">5.3
on the first payroll period following the date the Executive Release becomes
irrevocable (such date, the &#8220;Payment Commencement Date&#8221;); provided, however,
that if the 60th day following the Date of Termination falls in the calendar
year following the year of the Executive&#8217;s termination of employment, the
Payment Commencement Date shall be no earlier than the first payroll period of
such later calendar year; and provided further that the payment of any amounts
pursuant to Section 5.1, 5.2, or</font><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;"> </font></b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">5.3 shall be subject to the terms and
conditions set forth in Exhibit A.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">7.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Section 280G</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160;
&nbsp;</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">7.1&#160;&#160;&#160;&#160;&#160;&#160; Notwithstanding
any other provision of this Agreement, except as set forth in Section 7.2, in
the event that the Company undergoes a &#8220;Change in Ownership or Control&#8221; (as
defined below), the Company shall not be obligated to provide to the Executive
a portion of any &#8220;Contingent Compensation Payments&#8221; (as defined below) that the
Executive would otherwise be entitled to receive to the extent necessary to
eliminate any &#8220;excess parachute payments&#8221; (as defined in Code Section
280G(b)(1)) for the Executive.&#160; For purposes of this Section 7, the Contingent
Compensation Payments so eliminated shall be referred to as the &#8220;Eliminated
Payments&#8221; and the aggregate amount (determined in accordance with Treasury
Regulation Section 1.280G-1, Q/A-30 or any successor provision) of the
Contingent Compensation Payments so eliminated shall be referred to as the
&#8220;Eliminated Amount.&#8221;</font></font></p>

</div><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_9"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">
<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">7.2&#160;&#160;&#160;&#160;&#160;&#160; Notwithstanding
the provisions of Section 7.1, no such reduction in Contingent Compensation
Payments shall be made if (i) the Eliminated Amount (computed without regard to
this sentence) exceeds (ii) 110% of the aggregate present value (determined in
accordance with Treasury Regulation Section 1.280G-1, Q/A-31 and Q/A-32 or any
successor provisions) of the amount of any additional taxes that would be incurred
by the Executive if the Eliminated Payments (determined without regard to this
sentence) were paid to him or her (including, state and federal income taxes on
the Eliminated Payments, the excise tax imposed by Section 4999 of the Code
payable with respect to all of the Contingent Compensation Payments in excess
of the Executive&#8217;s &#8220;base amount&#8221; (as defined in Section 280G(b)(3) of the
Code), and any withholding taxes).&#160; The override of such reduction in
Contingent Compensation Payments pursuant to this Section 7.2 shall be referred
to as a &#8220;Section 7.2 Override.&#8221; For purpose of this paragraph, if any federal
or state income taxes would be attributable to the receipt of any Eliminated
Payment, the amount of such taxes shall be computed by multiplying the amount
of the Eliminated Payment by the maximum combined federal and state income tax
rate provided by law.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">7.3&#160;&#160;&#160;&#160;&#160;&#160; For purposes of
this Section 7 the following terms shall have the following respective
meanings:</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#8220;Change in
Ownership or Control&#8221; shall mean a change in the ownership or effective control
of the Company or in the ownership of a substantial portion of the assets of
the Company determined in accordance with Section 280G(b)(2) of the Code.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#8220;Contingent
Compensation Payment&#8221; shall mean any payment (or benefit) in the nature of
compensation that is made or made available (under this Agreement or otherwise)
to a &#8220;disqualified individual&#8221; (as defined in Section 280G(c) of the Code) and
that is contingent (within the meaning of Section 280G(b)(2)(A)(i) of the Code)
on a Change in Ownership or Control of the Company.</font></font></p>

</div><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_10"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">
<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">7.4&#160;&#160;&#160;&#160;&#160;&#160; Any
payments or other benefits otherwise due to the Executive following a Change in
Ownership or Control that could reasonably be characterized (as determined by
the Company) as Contingent Compensation Payments (the &#8220;Potential Payments&#8221;)
shall not be made until the dates provided for in this Section 7.4.&#160; Within 30
days after each date on which the Executive first becomes entitled to receive
(whether or not then due) a Contingent Compensation Payment relating to such
Change in Ownership or Control, the Company shall determine and notify the
Executive (with reasonable detail regarding the basis for its determinations)
(i) which Potential Payments constitute Contingent Compensation Payments, (ii)
the Eliminated Amount and (iii) whether the Section 7.2 Override is applicable.
&#160;Within 30 days after delivery of such notice to the Executive, the Executive
shall deliver a response to the Company (the &#8220;Executive Response&#8221;) stating
either (A) that he agrees with the Company&#8217;s determination pursuant to the
preceding sentence, or (B) that he disagrees with such determination, in which
case he shall set forth (i) which Potential Payments should be characterized as
Contingent Compensation Payments, (ii) the Eliminated Amount, and (iii) whether
the Section 7.2 Override is applicable.&#160; In the event that the Executive fails
to deliver an Executive Response on or before the required date, the Company&#8217;s
initial determination shall be final.&#160; If and to the extent that any Contingent
Compensation Payments are required to be treated as Eliminated Payments
pursuant to this Section 7, then the payments shall be reduced or eliminated,
as determined by the Company, in the following order: (i) any cash payments,
(ii) any taxable benefits, (iii) any nontaxable benefits, and (iv) any vesting
of equity awards in each case in reverse order beginning with payments or
benefits that are to be paid the farthest in time from the date that triggers
the applicability of the excise tax, to the extent necessary to maximize the
Eliminated Payments.&#160; If the Executive states in the Executive Response that he
agrees with the Company&#8217;s determination, the Company shall make the Potential
Payments to the Executive within three business days following delivery to the
Company of the Executive Response (except for any Potential Payments which are
not due to be made until after such date, which Potential Payments shall be
made on the date on which they are due).&#160; If the Executive states in the
Executive Response that he disagrees with the Company&#8217;s determination, then,
for a period of 60 days following delivery of the Executive Response, the
Executive and the Company shall use good faith efforts to resolve such
dispute.&#160; If such dispute is not resolved within such 60-day period, such
dispute shall be settled exclusively by arbitration in the State of Rhode
Island, in accordance with the rules of the American Arbitration Association
then in effect.&#160; Judgment may be entered on the arbitrator&#8217;s award in any court
having jurisdiction.&#160; The Company shall, within three business days following
delivery to the Company of the Executive Response, make to the Executive those
Potential Payments as to which there is no dispute between the Company and the
Executive regarding whether they should be made (except for any such Potential
Payments which are not due to be made until after such date, which Potential
Payments shall be made on the date on which they are due).&#160; The balance of the
Potential Payments shall be made within three business days following the
resolution of such dispute.&#160; Subject to the limitations contained in Sections
7.1 and 7.2 hereof, the amount of any payments to be made to the Executive
following the resolution of such dispute shall be increased by amount of the
accrued interest thereon computed at the prime rate announced from time to time
by The Wall Street Journal, compounded monthly from the date that such payments
originally were due.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">7.5&#160;&#160;&#160;&#160;&#160;&#160; The provisions of
this Section 7 are intended to apply to any and all payments or benefits
available to the Executive under this Agreement or any other agreement or plan
of the Company under which the Executive receives Contingent Compensation
Payments.</font></font></p>

</div><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_11"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">
<p style="border:none;margin-bottom:11.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">8.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Non-Competition and Non-Solicitation</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&nbsp;</font><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160; &nbsp;</font></b></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">8.1&#160;&#160;&#160;&#160;&#160;&#160; During the
Restricted Period (as defined below), the Executive shall not, in the
geographical area in which the Company or any of its affiliates does business
or has done business at the time of his employment termination, engage in any
business or enterprise that would be competitive with any business of Hasbro in
existence as of the Date of Termination (a &#8220;Competitive Business&#8221;).&#160; This
obligation shall preclude any involvement in a Competitive Business, whether on
a direct or indirect basis, and whether as an owner, partner, officer,
director, employee, consultant, investor, lender or otherwise, except as the
passive holder of not more than 1% of the outstanding stock of a publicly held
company.&#160; </font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">8.2&#160;&#160;&#160;&#160;&#160;&#160; During the
Restricted Period, the Executive shall not, either alone or in association with
others, (a) solicit, recruit, induce, attempt to induce or permit any
organization directly or indirectly controlled by the Executive to solicit,
recruit, induce or attempt to induce any employee of the Company or any of its
affiliates to leave the employ of the Company or any of its affiliates, or (b)
solicit, recruit, induce, attempt to induce for employment or hire or engage as
an independent contractor, or permit any organization directly or indirectly
controlled by the Executive to solicit, recruit, induce, attempt to induce for
employment or hire or engage as an independent contractor, any person who is
employed by the Company or any of its affiliates or who was employed by the
Company or any of its affiliates at any time during the term of the Executive&#8217;s
employment with the Company, provided that this clause (b) shall not apply to
any individual whose employment&#160; with the Company or any of its affiliates has
been terminated for a period of six (6) months or longer.&#160; </font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">8.3&#160;&#160;&#160;&#160;&#160;&#160; During the
Restricted Period, the Executive shall not, either alone or in association with
others, solicit, divert or take away, or attempt to solicit, divert or take
away, or permit any organization directly or indirectly controlled by the
Executive to solicit, divert or take away, or attempt to solicit, divert or
take away, the business or patronage of any of the clients, customers or
accounts, or prospective clients, customers or accounts of the Company or any
of its affiliates, which were contacted, solicited or served by the Company or
any of its affiliates at any time during the Executive&#8217;s employment with the
Company.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">8.4&#160;&#160;&#160;&#160;&#160;&#160; The Restricted
Period shall mean the one year period after the Executive&#8217;s employment with the
Company (including any of its affiliates) ends for any reason; provided,
however, that if the Executive is eligible (or would have been eligible had he
timely entered into the Executive Release) to receive severance pay pursuant to
Section 5.1(a) or Section 5.2(a), the Restricted Period shall run for a
two-year post-employment period in the event of eligibility pursuant to Section
5.1(a), and for an eighteen-month post-employment period in the event of
eligibility pursuant to Section 5.2(a).</font></font></p>

</div><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_12"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">
<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">8.5&#160;&#160;&#160;&#160;&#160;&#160; The
geographic scope of this Section 8 shall extend to anywhere the Company or any
of its subsidiaries or affiliates is doing business at the time of termination
or expiration of this Agreement.&#160; If any restriction set forth in this Section
8 is found by any court of competent jurisdiction to be unenforceable because
it extends for too long a period of time or over too great a range of
activities or in too broad a geographic area, it shall be interpreted to extend
only over the maximum period of time, range of activities or geographic area as
to which it may be enforceable.&#160; Each of the parties intends that this
non-competition provision shall be deemed to be a series of separate covenants,
one for each country and one for each and every county or other political
subdivision of each and every state or other political subdivision of each
country where this provision is intended to be effective.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">8.6&#160;&#160;&#160;&#160;&#160;&#160; The Executive
acknowledges that the restrictions contained in this Section 8 are necessary
for the protection of the business and goodwill of the Company and are
considered by the Executive to be reasonable for such purpose.&#160; The Executive
agrees that any breach of this Section 8 will cause the Company substantial and
irrevocable damage, and therefore, in the event of any such breach, in addition
to such other remedies which may be available, the Company shall have the right
to obtain and receive specific performance and injunctive relief without
posting a bond or other security.</font></font></p>

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<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">8.7&#160;&#160;&#160;&#160;&#160;&#160; If
it is determined by a court of law that the Executive violated any of the
provisions of Section 8.1, 8.2, or 8.3, he shall continue to be bound by the
restrictions set forth therein until a period equal to the Restricted Period
has expired without any violation of such provisions.&#160; The Executive further
agrees that in the event he violates any of the provisions of Section 8.1, 8.2,
or 8.3 (and such violation is not cured (if capable of being cured) within
thirty (30) days after the Executive receives written notice from the Company
setting forth in reasonable detail the manner in which the Company believes the
Executive has violated any such provision), then the Company shall have no
obligation to pay or provide any of the benefits described in Section 5.1, 5.2,
or 5.3, as applicable (and, to the extent the Company previously paid or
provided any such benefits, the Executive shall be required to immediately
repay to the Company the value of any such pay and benefits).&#160; In addition, in
the event of any violation that is not cured as provided in the preceding
sentence, the Executive agrees to forfeit and pay to Hasbro the total Net
Proceeds obtained with respect to any unvested stock options, restricted stock
units, performance share awards, contingent stock performance awards or other
equity accelerated or provided pursuant to Section 5.1 or 5.2, as applicable.&#160;
For purposes of this Agreement, &#8220;</font><i><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Net Proceeds</font></i><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#8221; shall be computed for
each stock option grant accelerated pursuant to Section 5.1 or 5.2, as
applicable, by multiplying the number of accelerated options times the
difference between the closing price of Hasbro&#8217;s common stock on the last day
of Executive&#8217;s employment and the exercise price for the grant being
accelerated. &#8220;</font><i><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Net Proceeds</font></i><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#8221; for each share of restricted stock unit
accelerated pursuant to Section 5.1 or 5.2, as applicable, shall be computed by
multiplying the number of shares or units accelerated by the closing price of
Hasbro&#8217;s common stock on the last day of Executive&#8217;s employment.&#160; &#8220;</font><i><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Net
Proceeds</font></i><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#8221; for each share of stock or performance share award provided
pursuant to an unvested contingent stock performance or performance share award
shall be computed by multiplying the number of shares or units provided
pursuant to the Award by the closing price of Hasbro&#8217;s common stock on the day
such shares are provided to Executive.&#160; Net Proceeds will be computed without
regard to any subsequent increase or decrease, if any, in the market price or
actual proceeds from any sale of Hasbro&#8217;s common stock.&#160; The foregoing amounts
will be owed regardless of whether or not the accelerated options have been
actually exercised or the underlying shares of common stock have been actually
sold.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">9.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Absence of
Restrictions</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; The Executive represents and warrants that he</font><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;"> </font></b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">is not
bound by any employment contracts, restrictive covenants or other restrictions
that are in any way inconsistent with any of the terms of this Agreement.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">10.&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Definitions</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160;
For purposes of this Agreement, the following terms shall have the following meanings:</font></font></p>

</div><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_14"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">
<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">10.1&#160;&#160;&#160;&#160; &#8220;Cause&#8221;
shall, prior to or more than two years following a Change in Control, be deemed
to exist upon (a) the Executive&#8217;s refusal to perform (i) the Executive&#8217;s
assigned duties for the Company; or (ii) the Executive&#8217;s obligations under this
Agreement; (b) conduct of the Executive involving fraud, gross negligence or
willful misconduct or other action which damages the reputation of the Company;
(c) the Executive&#8217;s indictment for or conviction of, or the entry of a pleading
of guilty or nolo contendere by the Executive to, any crime involving moral
turpitude or any felony; (d) the Executive&#8217;s fraud, embezzlement or other
intentional misappropriation from the Company; or (e) the Executive&#8217;s material
breach of any material policies, rules or regulations of employment which may
be adopted or amended from time to time by the Company; provided, however, that
the Company may not terminate the Executive&#8217;s employment for Cause unless (x)
the Company gives written notice of its intent to terminate the Executive&#8217;s
employment (including the reasons therefor) and (y) with respect to any alleged
violation of clause (a) or (e) above, the Executive fails to cure such refusal
or material breach (if the breach is subject to cure) within thirty (30) days
of the Executive&#8217;s receipt of such written notice (which, if so cured within
such 30-day period, shall no longer be a grounds for termination of the
Executive&#8217;s employment for &#8220;Cause&#8221;).&#160; The Company&#8217;s financial performance or
the financial performance of operating units for which the Executive is
responsible shall not in and of itself constitute a basis for the Company to
terminate the Executive for Cause or (except to the extent that financial
performance triggers the Clawback Policy in a manner that affects any
post-employment payments or benefits) refuse to provide any severance benefits
under this Agreement;</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">10.2&#160;&#160;&#160;&#160; &#8220;Cause&#8221; shall,
within two years following a Change in Control, be deemed to exist upon (a)
repeated violations by the Executive of the Executive&#8217;s obligations under this
Agreement (other than as a result of Disability) which are demonstrably willful
and deliberate on the Executive&#8217;s part, which are committed in bad faith or
without reasonable belief that such violations are in the best interests of the
Company and which are not remedied in a reasonable period of time after receipt
of written notice from the Company specifying such violations; or (b) the
conviction of the Executive of a felony involving moral turpitude.&#160; </font></font></p>

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<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; 10.3&#160;&#160;&#160;&#160; &#8220;Change
in Control&#8221; means the occurrence of any one of the following events: (i) sale
of all or substantially all (at least 85%) of the consolidated assets of the
Company to one or more individuals, entities, or groups (other than an
&#8220;Excluded Owner&#8221; as defined below); (ii) acquisition or attainment of ownership
by a person, entity, or group (other than an Excluded Owner) of more than 50%
of the undiluted total voting power of the Company&#8217;s then-outstanding
securities eligible to vote to elect members of the Board (</font><b><i><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#8220;</font></i></b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Company
Voting Securities</font><b><i><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#8221;</font></i></b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">); (iii) completion of a merger or
consolidation of the Company with or into any other entity (other than an
Excluded Owner) unless the holders of the Company&#8217;s Voting Securities
outstanding immediately before such completion, together with any trustee or other
fiduciary holding securities under a Hasbro benefit plan, hold securities that
represent immediately after such merger or consolidation more than 50% of the
combined voting power of the then outstanding voting securities of either
Hasbro or the other surviving entity or its ultimate parent; or (iv)
individuals who constitute the Board on the date hereof (&#8220;Incumbent Directors&#8221;)
cease for any reason during a 12 month period to constitute at least a majority
of the Board; </font><i><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">provided, </font></i><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">that any individual who becomes a member of the
Board subsequent to the date hereof, whose election or nomination for election
was approved by a vote of at least a majority of the Incumbent Directors, shall
be treated as an Incumbent Director unless he assumed office as a result of an
actual or threatened election contest with respect to the election or removal
of directors.&#160; For purposes of this Agreement, an </font><b><i><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#8220;</font></i></b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Excluded Owner</font><b><i><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#8221;
</font></i></b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">consists of Hasbro, any entity owned, directly or indirectly, at least
50% by Hasbro, any entity that, directly or indirectly, owns at least 50% of
Hasbro, any Hasbro benefit plan, and any underwriter temporarily holding
securities for an offering of such securities.&#160; Notwithstanding the foregoing,
where required to avoid extra taxation under Section 409A, a Change in Control
must also satisfy the requirements of Treas. Reg. Section 1.409A-3(a)(5).</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">10.4&#160;&#160;&#160;&#160; &#8220;Disability&#8221; means
the Executive&#8217;s inability, due to a physical or mental disability, for a period
of 180 consecutive days, to perform the services contemplated under this
Agreement, with reasonable accommodation.&#160; A determination of Disability shall
be made by a physician selected by the Company and reasonably satisfactory to
the Executive.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">10.5&#160;&#160;&#160;&#160; &#8220;Good Reason&#8221;
means, prior, to or more than two years following, a Change in Control,
termination by the Executive of his employment, upon thirty (30) days&#8217; written
notice, for any of the following reasons: (a) a material reduction in the
Executive&#8217;s base salary or Annual Bonus opportunity or target annual long-term
incentive opportunity (under Section 3.3), without his consent, unless such
reduction is due to a generally applicable reduction in the compensation of the
Company&#8217;s senior executives, (b) the Executive no longer serves as President
and Chief Operating Officer of the Company and that change in status
constitutes a material reduction in the Executive&#8217;s duties, authorities, and
responsibilities, (c) the Executive is demoted by being required to report to
someone other than the CEO (other than a requirement to report directly to the
Board), or (d) a material breach by the Company of a material provision of this
Agreement.</font></font></p>

</div><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_16"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">
<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">10.6&#160;&#160;&#160;&#160; &#8220;Good
Reason&#8221; means, within two years following a Change in Control, termination by
the Executive of his employment, upon thirty (30) days&#8217; written notice, for any
of the following reasons: (a) any action by the Company that results in a
material diminution in the Executive&#8217;s position, authority, duties or
responsibilities; (b) the Executive is demoted by being required to report to
someone other than the CEO (other than a requirement to report directly to the
Board); (c) any failure by the Company to comply with any of the provisions of
Section 3.1, 3.2, or 3.3 of this Agreement; (d) the Company&#8217;s requiring the
Executive to be based at any office or location other than the location where
the Executive was employed immediately preceding the Change in Control or any
office or location greater than 35 miles from such location; (e) any purported
termination by the Company of the Executive&#8217;s employment otherwise than as
expressly permitted by this Agreement; or (f) any failure by the Company to
comply with and satisfy Section 11.6 of this Agreement, provided that such
successor has received at least five days&#8217; prior written notice from Hasbro or
the Executive of the requirements of Section 11.6 of the Agreement.&#160; </font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">10.7&#160;&#160;&#160;&#160; Notwithstanding the
provisions of Section 10.5 and 10.6, the Executive may not terminate his
employment for &#8220;Good Reason&#8221; unless (a) he gives written notice of his intent
to terminate his employment under this provision (including the reasons
therefor) within thirty (30) days of the event giving rise to the right to
terminate, and (b) the Company fails to cure the material reduction or material
breach of a material provision, or restore the Executive&#8217;s title within thirty
(30) days of its receipt of the Executive&#8217;s written notice, which, if so cured
within such 30-day period, shall no longer be a grounds by the Executive for
terminating his employment with &#8220;Good Reason.&#8221;</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">11.&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Miscellaneous</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.<a name="_cp_text_28_71"></a>&#160; </font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">11.1&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Entire
Agreement; Modification</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; This Agreement constitutes the entire
understanding and agreement between the parties hereto with regard to the
subject matter hereof and supersedes all prior understandings and agreements,
whether written or oral.&#160; The Executive is not relying on any representations
other than those set forth in this Agreement.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">11.2&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Notices</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160;
Any notice delivered under this Agreement shall be deemed duly delivered 3
business days after it is sent by registered or certified mail, return receipt
requested, postage prepaid, or one business day after it is sent for
next-business day delivery via a reputable nationwide overnight courier
service, to the Company at its principal headquarters and to the Executive at
the address most recently shown on the personnel records of the Company.&#160;
Either party may change the address to which notices are to be delivered by
giving notice of such change to the other party in the manner set forth in this
Section 11.2.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">11.3&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Pronouns</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160;
Whenever the context may require, any pronouns used in this Agreement shall
include the corresponding masculine, feminine or neuter forms, and the singular
forms of nouns and pronouns shall include the plural, and vice versa.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">11.4&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Amendmen</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">t.&#160;
This Agreement may be amended or modified only by a written instrument executed
by both the Company and the Executive and approved by the Board.</font></font></p>

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<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">11.5&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Governing
Law</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; This Agreement shall be governed by and construed in accordance with
the laws of the State of Rhode Island (without reference to the conflicts of
laws provisions thereof).&#160; Any action, suit or other legal proceeding arising
under or relating to any provision of this Agreement shall be commenced only in
a court of the State of Rhode Island (or, if appropriate, a federal court
located within Rhode Island), and the Company and the Executive each consents
to the jurisdiction of such a court.&#160; The Company and the Executive each hereby
irrevocably waives any right to a trial by jury in any action, suit or other
legal proceeding arising under or relating to any provision of this Agreement.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">11.6&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Successors and
Assigns</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; This Agreement shall be binding upon and inure to the benefit of
both parties and their respective successors and assigns, including any
corporation with which or into which Hasbro may be merged or which may succeed
to its assets or business; provided, however, that the Executive&#8217;s obligations
are personal and shall not be assigned by the Executive.&#160; The Company will
require any successor (whether direct or indirect, by purchase, merger,
consolidation or otherwise) to all or substantially all of the business and/or
assets of Hasbro to assume expressly and agree to perform this Agreement in the
same manner and to the same extent that Hasbro would be required to perform it
if no such succession had taken place.&#160; As used in this Agreement, &#8220;Hasbro&#8221; or
&#8220;the Company&#8221; shall mean Hasbro as hereinbefore defined and any successor to
its business and/or assets as aforesaid which assumes and agrees to perform
this Agreement by operation of law, or otherwise.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">11.7&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Waivers</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; No
delay or omission by the Company in exercising any right under this Agreement
shall operate as a waiver of that or any other right.&#160; A waiver or consent
given by the Company on any one occasion shall be effective only in that
instance and shall not be construed as a bar to or waiver of any right on any other
occasion.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">11.8&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Captions</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160;
The captions of the sections of this Agreement are for convenience of reference
only and in no way define, limit or affect the scope or substance of any
section of this Agreement.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">11.9&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Severability</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160;
In case any provision of this Agreement shall be invalid, illegal or otherwise
unenforceable, the validity, legality and enforceability of the remaining
provisions shall in no way be affected or impaired thereby.</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:1.0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">11.10&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Executive&#8217;s
Acknowledgments</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">.&#160; The Executive acknowledges that he: (i) has read this
Agreement; (ii) has been represented in the preparation, negotiation, and
execution of this Agreement by legal counsel of the Executive&#8217;s own choice or
has voluntarily declined to seek such counsel; (iii) understands the terms and
consequences of this Agreement; and (iv) is fully aware of the legal and
binding effect of this Agreement.</font></font></p>

<p align=center style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">[</font><i><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Remainder
of page is intentionally left blank</font></i><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">]&nbsp;</font></font></p>

<font face="Times New Roman,serif" style="border:none;">
&nbsp;</font>

<p align=center style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></font></p>

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<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">IN
WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
dates set forth below. </font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:24.0pt;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">HASBRO, INC.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:24.0pt;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">By: </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;/s/
Brian Goldner&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Date: &nbsp;</font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;8/1/18&#160;&#160;&#160;&#160;&#160;
&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&nbsp;</font></u></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-indent:-.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Name:&#160; Brian
Goldner</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-indent:-.5in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Title:&#160;
Chairman and Chief Executive Officer</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:24.0pt;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">EXECUTIVE:</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:24.0pt;"><font face="Times New Roman,serif" style="border:none;"><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
/s/ John Frascotti&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></u></font><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Date:
&nbsp;</font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;8/1/18&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <br>
</font></u></font><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">John Frascotti</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></font></p>

<font face="Times New Roman,serif" style="border:none;">
&nbsp;</font>

</div><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_19"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">
<p align=center style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Exhibit A</font></u></b></font></p>

<p align=center style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Section
409A</font></b></font></p>

<p style="border:none;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">The intent of the parties is that payments and benefits under this
Agreement comply with, or be exempt from, Internal Revenue Code Section 409A
and the regulations and guidance promulgated thereunder (collectively &#8220;Code
Section 409A&#8221;) and this Agreement shall be interpreted consistently therewith.&#160;
With regard to any provision herein that provides for reimbursement of costs
and expenses or in-kind benefits, except as permitted by Code Section 409A, (i)
the right to reimbursement or in-kind benefits shall not be subject to
liquidation or exchange for another benefit, (ii) the amount of expenses
eligible for reimbursement, or in-kind benefits, provided during any taxable
year shall not affect the expenses eligible for reimbursement, or in-kind
benefits to be provided, in any other taxable year, provided that this clause
(ii) shall not be violated with regard to expenses reimbursed under any
arrangement covered by Section 105(a) of the Code solely because such expenses
are subject to a limit related to the period the arrangement is in effect, and
(iii) such payments shall be made on or before the last day of your taxable
year following the taxable year in which the expense occurred, provided that
any tax gross-ups may be reimbursed by the end of the calendar year following
the calendar year in which such taxes are remitted to the taxing authorities.
For purposes of Code Section 409A, each payment hereunder shall be treated as a
separate payment and Executive&#8217;s right to receive any installment payments
pursuant to this Agreement shall be treated as a right to receive a series of
separate and distinct payments. In no event may Executive, directly or
indirectly, designate the calendar year of any payment to be made under this
Agreement that is considered nonqualified deferred compensation. Termination of
employment as used herein shall mean separation from service within the meaning
of Code Section 409A. Notwithstanding anything in this Agreement to the
contrary, to the extent required by Section 409A of the Code, if Executive is
considered a &#8220;specified employee&#8221; for purposes of Section 409A of the Code and
if payment of any amounts under this Agreement is required to be delayed for a
period of six months after separation from service pursuant to Section 409A of
the Code, payments of such amounts shall be delayed as required by Section 409A
of the Code, and the accumulated amounts shall be paid in a lump sum payment
within ten days after the end of the six-month period.&#160; If Executive dies
during the postponement period prior to the payment of benefits, the amounts
withheld on account of Section 409A of the Code shall be paid to the personal
representative of the Executive&#8217;s estate within 60 days after the date of
Executive&#8217;s death. The Company is not making any representation or warranty to
Executive with respect to the treatment of this Agreement under Code Section
409A and shall have no liability to Executive or any other person with respect
to payments or benefits under this Agreement should any payments or benefits
under this Agreement be determined to constitute nonqualified deferred
compensation subject to Code Section 409A but not satisfying the conditions of
such section.</font></font></p>

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<TYPE>EX-10.3
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<FILENAME>exhibit103.htm
<DESCRIPTION>HASBRO, INC. PRESS RELEASE, DATED AUGUST 6, 2018
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<p style="margin-left:0in;margin-right:0in;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


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<p align=right style="background:white;border:none;margin-left:0in;margin-right:0in;page-break-after:avoid;text-align:right;"><font style="border:none;"><b><font face=Calibri,sans-serif lang=EN style="font-size:10.5pt;">Exhibit 10.3</font></b></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;"><font face=Arial,sans-serif style="border:none;"><b><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">For
Immediate Release</font></b></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">&nbsp;</font></font></p>

<p align=center style="border:none;margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=Arial,sans-serif style="border:none;"><b><font face=Arial,sans-serif lang=EN-US style="font-size:14.0pt;">Hasbro Extends Employment Agreement for
Chairman and CEO, Brian Goldner; Promotes John Frascotti to President and COO
and appoints Mr. Frascotti to the Board<a name="_Hlk511886981"></a></font></b></font></p>

<p align=center style="border:none;margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=Arial,sans-serif style="border:none;"><b><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=Arial,sans-serif style="border:none;"><b><i><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">Brian Goldner&#8217;s Contract Extended Two Years,
Through 2022</font></i></b></font></p>

<p align=center style="border:none;margin:0in;margin-bottom:.0001pt;text-align:center;"><font face=Arial,sans-serif style="border:none;"><b><i><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">John Frascotti Adds Chief Operating Officer
Title and is Appointed to Hasbro&#8217;s Board of Directors </font></i></b></font></p>

<p style="border:none;margin-left:45.0pt;margin-right:0in;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><b><i><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">&nbsp;</font></i></b></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">Pawtucket, R.I., August 6, 2018 </font><b><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">-- </font></b><b><u><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">Hasbro, Inc.</font></u></b><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">
(NASDAQ: HAS) today announced the Board of Directors has extended the
employment agreement of Hasbro&#8217;s Chairman and CEO, Brian Goldner, two
additional years through December 31, 2022. In addition, John Frascotti&#8217;s
duties were expanded to add Chief Operating Officer to his current role as
Company President and Mr. Frascotti was appointed to Hasbro&#8217;s Board of
Directors. Hasbro entered an employment agreement with Mr. Frascotti reflecting
these new roles.</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">&#8220;Over the past ten years as CEO, Brian has transformed Hasbro. His
vision to set a differentiated strategy for the Company, including investing in
new capabilities and establishing a new culture, has dramatically increased
shareholder value,&#8221; said Ted Philip, Hasbro&#8217;s lead independent director.&#160; &#8220;John
has been integral in this success. Joining Hasbro ten years ago, his tremendous
leadership and foresight has developed Hasbro&#8217;s global brand portfolio and
teams into industry leaders. He will bring these same skills and insight to
Hasbro&#8217;s board. Brian and John are leading a best-in-class organization
recognized globally for its standards of excellence.&#8221;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">&#8220;With the support of Hasbro&#8217;s employees around the world, we have
accomplished much over the past ten years, but this company and its talented
teams have tremendous opportunity ahead of us,&#8221; said Brian Goldner, Hasbro&#8217;s
chairman and chief executive officer. &#8220;I am inspired every day by the
dedication and creativity of our teams and excited to work alongside them for
years to come. John is a tremendous asset to Hasbro and his vision for
achieving our company&#8217;s potential is invaluable to both Hasbro and its board.&#8221; </font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">&#8220;I am honored to work alongside the tremendous talent here at
Hasbro,&#8221; said John Frascotti, Hasbro&#8217;s president and chief operating officer.
&#8220;Brands, and what they stand for, mean more to consumers today than ever
before. This is a unique opportunity and privilege. The future we see for
Hasbro, for our brands and our teams, motivates me every day to develop amazing
experiences for Hasbro consumers around the world.&#8221;&#160; </font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">&nbsp;</font></font></p>


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<p style="margin-left:0in;margin-right:0in;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


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</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_2"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">
<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">Mr. Goldner joined Hasbro in 2000. He was appointed CEO in 2008
and Chairman of the Board in 2015. He held several prior leadership positions
at Hasbro, including COO from 2006 to 2008. Mr. Goldner serves on the board of
directors for Gap Inc. and is a member of the Producers Guild of America.</font></font></p>

<p style="background:white;border:none;margin-left:0in;margin-right:0in;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">Mr.
Frascotti was named President of Hasbro in February 2017. He joined the Company
in 2008 as Chief Marketing Officer and in 2014 became President of Hasbro
Brands. Mr. Frascotti is a member of the Board of Directors of Corus
Entertainment in Toronto, Canada, and was recognized in 2014 by Forbes as one
of top 5 most influential CMO's amongst the top 500 companies in Forbes Global
2000 Biggest Public Companies list. He also is a member of the Board of
Directors of the Serious Fun Children's Network, a global network of camps for
seriously ill children and Newman's Own Advisory Board, which provides
high-level advice and assistance on strategic matters to both Newman's Own
Foundation and the food company, Newman's Own, Inc.</font></font></p>

<p style="background:white;border:none;margin-left:0in;margin-right:0in;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">Further
details on Mr. Goldner&#8217;s and Mr. Frascotti&#8217;s employment agreements may be found
in the Company&#8217;s current report on Form 8-K filed today. </font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><b><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">About Hasbro</font></b></font><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">: <a name="_Hlk509407839"></a>Hasbro (NASDAQ:
HAS) is a global play and entertainment company committed to </font><i><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">Creating the
World's Best Play Experiences</font></i><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">. From toys and games to television, movies,
digital gaming and consumer products, Hasbro offers a variety of ways for
audiences to experience its iconic brands, including NERF, MY LITTLE PONY,
TRANSFORMERS, PLAY-DOH, MONOPOLY, BABY ALIVE and MAGIC: THE GATHERING, as well
as premier partner brands. Through its entertainment labels, Allspark Pictures
and Allspark Animation, the Company is building its brands globally through
great storytelling and content on all screens. Hasbro is committed to making
the world a better place for children and their families through corporate
social responsibility and philanthropy. Hasbro ranked No. 1 on the 2017 100
Best Corporate Citizens list by </font><i><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;">CR Magazine</font></i><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;"> and has been named one of
the World&#8217;s Most Ethical Companies&#174; by Ethisphere Institute for the past seven
years. Learn more at www.hasbro.com and follow us on Twitter (@Hasbro &amp;
@HasbroNews) and Instagram (@Hasbro).</font></font></p>

<p style="background:white;border:none;margin:0in;margin-bottom:.0001pt;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;line-height:13.5pt;">&nbsp;</font></font></p>

<p style="background:white;border:none;margin:0in;margin-bottom:.0001pt;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:11.0pt;line-height:13.5pt;">&#169; 2018 Hasbro, Inc. All Rights Reserved. </font></font></p>

<p style="background:white;border:none;margin:0in;margin-bottom:.0001pt;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:12.0pt;line-height:13.5pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=X-NONE style="font-size:11.0pt;">HAS-</font></font><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:11.0pt;">C</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-US style="font-size:11.0pt;">HAS-IR</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=X-NONE style="font-size:12.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=X-NONE style="font-size:11.0pt;">Investor</font></font><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=X-NONE style="font-size:11.0pt;"> &nbsp;</font></font><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=X-NONE style="font-size:11.0pt;">Contact:&#160;
Debbie Hancock | Hasbro, Inc. | (401) 727-5401 | debbie.hancock@hasbro.com</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=X-NONE style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=X-NONE style="font-size:11.0pt;">Press Contact:
Julie Duffy | Hasbro, Inc. | (401) 727-5931 | julie.duffy@hasbro.com</font></font></p>

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