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Agreement#: AG-338576
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Franchise Agreement Amendment Dated Dec 20, 2006

Effective Date: December 20, 2006
Parties:

Lululemon Athletica

Sectors: Consumer Products (Non-Durables)
EXHIBIT 10.28 FRANCHISE AGREEMENT AMENDMENT This Agreement made as of the 20 th day of December, 2006.BETWEEN: LULULEMON ATHLETICA INC.
1945 McLean Drive
Vancouver, BC V5N 3J7
(the " Franchisor" )AND: OQQO ENTERPRISES INC.
584 Johnson Street
Victoria, BC V8W 1M3
(the " Franchisee" )WHEREAS: A. The Franchisor and Franchisee are parties to a Franchise Agreement dated October 16, 2002 and having an Effective Date of October 16, 2002 (the " Franchise Agreement" ). B. The parties have agreed to amend the Franchise Agreement on the terms set out in this Agreement. THEREFORE this Agreement witnesses that the parties agree as follows:1. Amendment of " The Take-Over Clause" - Section 27 is deleted and replaced with the following:" After December 31, 2011 , in the event that Lululemon or its principals should want to purchase the franchise or receive an offer from a third party for the purchase of all or sub ...

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