Executive Health Expense Reimbursement Plan

Exhibit 10.8 PIER 1 EXECUTIVE HEALTH EXPENSE REIMBURSEMENT PLAN I. Pier 1: Pier 1 Imports, Inc. II. Plan Participants: Pier 1' s President, Chief Executive Officer, Chief Financial Officer, Executive Vice Presidents, and Senior Vice Presidents. III. Plan Year: The Plan Year corresponds to the Pier 1 fiscal year. IV. Type of Plan: Self-insured medical expense reimbursements will be paid to each member of the covered group no more often than once per month during each Plan Year. This payment will be equal to the verified medical, dental, and related costs incurred by Plan Participants and their dependents subject to the maximum described in VI below. V. Expenses Covered: 1. For all matters presently covered by the Pier 1 group medical plan, the Plan will reimburse for deductibles and co-payments required under the group medical plan. 2. The Plan will reimburse all reasonable and customary dental expenses not solely cosmetic in nature, including 100% of all procedures not covered by Pier 1' s group dental plan and reimbursement for deductibles and co-payments required under Pier 1' s group dental plan for those procedures covered under the group dental plan. 3. The Plan will reimburse expenses for eye examinations, lenses and contact lenses (no frames). 4. The Plan will reimburse expenses for annual physical examinations. 5. For prescribed drugs and medicines, the Plan will reimburse for deductibles and co-payments required under Pier 1' s group medical plan.

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VI. Maximum Plan Benefit: The maximum amount of covered expenses that each Plan Participant may submit to the Plan Administrator for each two consecutive combined Plan Years is $20,000. This maximum will be applied on a rolling basis. VII. Effective Date of this Restatement of the Plan: March 27, 2007. VIII. Plan Administration: No more often than once per month, a Plan Participant may pres ...