RESTRICTED STOCK UNIT AGREEMENT

RESTRICTED STOCK UNIT AGREEMENT, dated as of March 10, 2015 (this “Agreement”), by and between Blyth, Inc., a Delaware corporation (the “Company”), and (the “Participant”).

WHEREAS, the Company desires to grant to the Participant restricted stock units (each a “Unit”) pursuant to its Second Amended and Restated Omnibus Incentive Plan (the “Plan”) and the 2014 Long-Term Performance-Based Incentive Plan (“2014 LTIP”), each Unit representing the right to receive one (1) share of common stock, $0.02 par value, of the Company (one “Share”) pursuant to the terms and subject to the conditions set forth herein.

NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the Company and the Participant hereby agree as follows:

Section 1.Grant of Units. The Company hereby grants to the Participant, pursuant to the Plan and on the terms and conditions set forth herein, the number of Units as set forth on Schedule A.

Section 2.    Vesting; Term of Units.

(a)    The Units shall vest as set forth in Schedule A.

(b)    In the event that the Participant’s employment with the Company or any subsidiary thereof terminates for any reason whatsoever (whether by the Company or the Participant and including, without limitation, without Cause or by reason of Cause, death, disability or retirement), all unvested Units will terminate immediately following the close of business on the last day of the Participant’s employment, and the Participant will have no interest in the Shares represented by such unvested Units. Any Units that are scheduled to vest (as set forth in Schedule A) upon a termination of employment shall be vested immediately prior to the close of business on the date of such termination of employment.

Section 3.    Individual Account. The Units shall be credited to a separate account established and maintained by the Company for the Participant on the first business day following the date of grant of the Units (the “Account”). The Units will be deemed to be invested in Shares only. The Account shall be maintained on the Company’s books solely for recordkeeping purposes, and shall not represent any actual segregation or investment of assets or any interest in any Shares.

Section 4.    Dividends. With respect to any Units that have been deferred as set forth in Section 5 below, during the period starting on the date that the underlying Units vest and ending on the day prior the Designated Distribution Date, the Participant shall receive a cash amount equal to the amount of any dividends that would have been payable to the Participant in respect of the Shares represented by the Units had the Participant held such Shares rather than Units; provided, that the record date with respect to such dividends occurs on or after the date that the underlying Units vest and before the Designated Distribution Date. Any such cash payments shall be distributed to the

Participant within thirty (30) days following the date on which the related dividends are paid to the Company’s stockholders.

Section 5.    Distribution of Shares Represented by the Units.

(a)    Unless the Participant made the election referred to in subsection (b), the Shares represented by Units will be deemed to be distributed to the Participant on the date such Units vest (the “Default Distribution Date”) and certificates representing those Shares will be delivered to the Participant as soon as practicable thereafter.

(b)    If the Participant elected to defer the distribution of the Shares represented by the Units pursuant to the 2014 LTIP, subject to Section 6 hereof, the Shares represented by the Units shall be deferred until the date elected by the Participant (the “Designated Distribution Date”) pursuant to the deferral election form provided by the Company. For clarification, the Participant was given the choice to defer his or her receipt of any vested Units until the date of his or her Separation From Service (defined in the 2014 LTIP), or if the Participant so elected, upon a Company Sale (defined in the 2014 LTIP) occurring before his or her Separation From Service.

(c)    Notwithstanding the foregoing subsections (a) or (b), in the event that, (1) on the date of the Participant’s Separation From Service, the Participant is a Specified Employee (as defined in the 2014 LTIP), (2) the Units are considered nonqualified deferred compensation subject to Code Section 409A, as determined by the Company in its sole discretion, and (3) but for this subsection (c), the Participant would receive a distribution of the Shares on account of his or her Separation From Service, then the Shares shall not be distributed to the Participant until the date that is six months plus one day from the date of the Participant’s Separation From Service (or the date of the Participant’s death, if earlier).

(d)    If any distribution of Shares represented by the Units consists of a fractional Share, then in lieu of distributing a fractional Share, the Company shall distribute cash to the Participant equal in value to the Fair Market Value of the fractional Share on the Distribution Date. For purposes of this Agreement, “Distribution Date” means either the Default Distribution Date or the Designated Distribution Date, as the context shall so require.

(e)    Notwithstanding anything to the contrary in this Agreement, the Participant shall retain either Shares acquired by the Participant in connection with this Agreement, Units, or a combination of the foregoing, in an amount equal to 25% of the Shares represented by this Agreement, until the Participant’s termination of employment with the Company. If the Participant has received Shares with respect to 75% of the Units granted under this Agreement, the Company shall cause the legend set forth below or a legend substantially equivalent thereto (together with any other legends that may be required by state or federal securities laws at the time of the issuance of the Shares), to be placed upon any certificate(s) evidencing ownership of any remaining Shares distributed to the Participant pursuant to this Agreement prior to the date of the Participant’s termination of employment:

TRANSFER OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE IS SUBJECT TO THE CONDITIONS SPECIFIED IN AN AWARD AGREEMENT BETWEEN THE ISSUER AND A

PARTICIPANT WHICH PROHIBITS THE TRANSFER OF THE SECURITIES PRIOR TO THE PARTICIPANT’S TERMINATION OF EMPLOYMENT WITH THE ISSUER. NO TRANSFER OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE SHALL BE VALID OR EFFECTIVE PRIOR TO THE PARTICIPANT’S TERMINATION OF EMPLOYMENT WITH THE ISSUER. SUCH AGREEMENTS MAY BE INSPECTED AT THE PRINCIPAL EXECUTIVE OFFICES OF THE ISSUER.

Any attempted assignment, transfer, pledge, hypothecation or other disposition of such Shares contrary to the provisions hereof, and the levy of any execution, attachment or similar process upon such Shares, shall be null and void and without effect.

Section 6.    Withholding Taxes.

(a)    At any time that taxes are required to be withheld in connection with a distribution of Shares on a Distribution Date, the Company shall withhold Shares that would otherwise be distributed to the Participant (rounded down to the nearest whole share) up to an amount that is equal, based on the Fair Market Value of the Shares on the Distribution Date, to the minimum amount of the Federal, state, local, and foreign income and/or employment taxes required, in the Company’s sole judgment, to be collected or withheld with respect to such distribution. With respect to any required withholding that is not satisfied through withholding Shares (e.g., an amount represented by a fractional Share), the Company shall require the Participant to remit a cash payment to the Company, deduct such amount from the Participant’s payroll, or shall satisfy such withholding obligation by any other means permitted under the Plan.

(b)    At any time that taxes are required to be withheld with respect to the Units prior to the Distribution Date (e.g., employment taxes payable in connection with the vesting of Units that are payable on a Designated Distribution Date), the Company shall deduct such taxes from the Participant’s payroll unless the Participant has made another arrangement with the Company to remit a cash payment to satisfy the Company’s withholding obligations. In the event that the Company is not able to satisfy its withholding obligations through a payroll deduction or a cash payment as set forth above, the Company shall convert Units into Shares (rounded down to the nearest whole share) up to an amount that is equal, based on the Fair Market Value of the Shares on the date of such taxable event, to the minimum amount of employment taxes required, in the Company’s sole judgment, to be collected or withheld with respect to the Units, provided, that such conversion shall be consistent with Treasury Regulation §1.409A-3(j)(4)(vi) and/or any subsequent guidance issued under Section 409A of the Code. Such converted Shares shall be withheld by the Company and an appropriate adjustment shall be made to the Units in the Account. Following any such adjustment, the term “Units” shall mean the number of Units in the Account after accounting for any adjustment made pursuant to this subsection (b).

Section 7.    Transferability. Units may not be sold, transferred, pledged, assigned or otherwise encumbered except by the laws of descent and distribution; provided, that in the event of the death of the Participant prior to the Distribution Date, the beneficiary(ies) designated by the Participant on a form delivered to the Company shall succeed to all rights and obligations of the Participant under this Agreement.

Section 8.    Rights in Shares Before Delivery. No person shall have any privileges of a stockholder of the Company with respect to any Units, unless and until Shares are distributed pursuant to Section 5.

Section 9.    No Right to Employment. Nothing contained herein shall be construed to confer on the Participant any right to continue as a employee of the Company or any of its Affiliates, or to derogate from any right of the Company to, as applicable, retire, request the resignation of or discharge the Participant, or to lay off or require a leave of absence of the Participant, with or without pay, at any time, with or without Cause.

Section 10.    Qualifications to Distribution. Anything in this Agreement to the contrary notwithstanding, in no event may Shares represented by Units be distributed if the Company shall, at any time and in its sole discretion, determine that (a) the listing, registration or qualification of any Share otherwise deliverable, upon any securities exchange or under any state or federal law, or (b) the consent or approval of any regulatory body, is necessary or desirable in connection with such distribution. In such event, such distribution shall be held in abeyance and shall not be effective unless and until such listing, registration, qualification or approval shall have been effected or obtained free of any conditions not acceptable to the Company.

Section 11.    Conditions to Transfer. Unless the Shares represented by the Units have been registered under the Securities Act of 1933, as amended (the “Securities Act”), the Committee may require as a condition to the right to receive the Shares represented by the Units that the Company receive from the person receiving the Shares represented by the Units representations, warranties and agreements, at the time of any such distribution, to the effect that the Shares will be held for investment only and without any present intention to sell or otherwise distribute such Shares and that such Shares will not be disposed of in transactions which, in the opinion of counsel to the Company, would violate the registration provisions of the Securities Act and the rules and regulations thereunder. The certificate issued to evidence such Shares shall bear appropriate legends summarizing such restrictions on the disposition thereof.

Section 12.    Entire Agreement. This Agreement and the Plan contain the entire agreement between the parties hereto with respect to the matters contemplated herein and supersedes all prior agreements or understandings among the parties related to such matters.

Section 13.    Binding Effect. Subject to the restrictions on transfer herein set forth, this Agreement shall be binding upon and inure to the benefit of the Company and its successors and assigns and upon the Participant and his or her assigns, heirs, executors, administrators and legal representatives.

Section 14.    Amendment or Modification; Waiver. This Agreement may be amended, modified, superseded, canceled, renewed or extended, and the terms or covenants hereof may be waived, only by a written instrument executed on behalf of the Company (as authorized by the Committee) and

the Participant. Notwithstanding the foregoing, the Company may, but shall not be required to, amend this Agreement prospectively or retroactively, without obtaining the consent of the Participant, to the extent necessary (as determined by the Company in its sole discretion) to meet the requirements of Section 409A of the Code and the guidance issued thereunder such that the additional taxes and penalties set forth in Section 409A(a)(i)(B) of the Code will not apply to transactions contemplated by the this Agreement. The Company shall have no liability whatsoever for or in respect of any decision to take action to attempt to so comply with Code Section 409A, any omission to take such action or for the failure of any such action taken by the Company to so comply.

Section 15.    Participant Undertaking. The Participant hereby agrees to take whatever additional actions and execute whatever additional documents the Company may, in its reasonable judgment, deem necessary or advisable in order to carry out or effect one or more of the obligations or restrictions imposed on the Participant pursuant to the express provisions of this Agreement.

Section 16.    Governing Law. This Agreement shall be construed and enforced in accordance with the laws of the State of Delaware, without giving effect to the principles of conflicts of law thereof.

Section 17.    Defined Terms. Capitalized terms used in this Agreement and not otherwise defined herein have the meaning ascribed to them in the Plan.

Section 18.    Captions. The use of captions in the Plan is for convenience. The captions are not intended to provide substantive rights.

Section 19.    The Plan. The Participant acknowledges having received a copy of the Plan. The Units herein granted are subject to all of the terms and provisions of the Plan, all of which are hereby incorporated herein by reference. In the event of any inconsistency between the provisions of this Agreement and the provisions of the Plan, the provisions of the Plan shall govern.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first set forth above.

By:     _________________________

Michael S. Novins

Title:     Vice President & General Counsel

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By: ___________________________    

Michael S. Novins