Exhibit 10.86

June 12, 2015

Frederic Argir

339 East Shore Road

Greenwood Lake, NY 10925

Dear Fred,

It is my pleasure to confirm our offer of employment to join Barnes & Noble, Inc. The following represents the key elements of our offer:

Barnes & Nobles, Inc. 122 Fifth Avenue, New York NY 10011    212.633.3300

For purposes of this letter, “Cause” means (A) your engaging in misconduct or gross negligence which is injurious to Company; (B) your indictment or conviction by a court of competent jurisdiction with respect to any felony or other crime or violation of law involving fraud or dishonesty (with the exception of misconduct based in good faith on the advice of professional constants, such as attorneys and accountants), or your entry of a plea of nolo contendere with respect to any felony involving fraud or dishonesty (with the exception of misconduct based in good faith on the advice of professional consultants, such as attorneys and accountants); (C) any gross negligence, intentional acts or intentional omissions by you, as determined by the Company in connection with the performance of the duties and responsibilities of your employment hereunder; (D) engaging in any act of misconduct or moral turpitude, as determined by the Company; (E) abuse of or dependency on alcohol or drugs (illicit or otherwise) which adversely affects job performance; (F) failure or refusal by you to properly perform (as determined by the Company in its reasonable discretion and judgment) the duties, responsibilities or obligations of your employment for reasons other than Disability or authorized leave, or to properly perform or follow (as determined by the Company in its reasonable discretion and judgment) any lawful direction by the Company; or (G) breach of this Agreement or of any other duty to, written policy of, or agreement with the Company.

You have represented, and hereby confirm, that you are not subject to any currently effective employment contract, or any other contractual or other binding obligations pursuant to which your employment or employment activities with or on behalf of Barnes & Noble, Inc. may be subject to any restrictions, including without limitation, any agreements or other obligations or documents relating to non-competition, confidentiality, trade secrets, proprietary information or works for hire.

This offer is contingent upon verification of your identity and your ability to legally work for Barnes & Noble com in the United States. In addition, this offer is contingent upon satisfactory references and verification of your employment record, academic credentials and any certifications represented on your employment application and/or resume.

If you wish to accept this offer of employment as set forth above, please sign and return the enclosed confidentiality agreement along with an original signed copy of your offer letter. If you have any questions, please call me at your convenience at 212-633-3280.

Fred, we are delighted with your interest in the Company and eager to have you join B&N. The challenge, opportunity, and rewards that lie ahead for the Company are unique and incredibly exciting. I look forward to hearing from you after you have had a chance to review this offer.

Sincerely,
Michelle Smith
Vice President, Human Resources
MS/kmm
Agreed and Accepted:
				06.25.15
Frederic Argir				Date

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