Item 8.01. Other Events.

On January 22, 2005, Wal-Mart Stores, Inc. (the "Company") entered into a Retirement Agreement (the "Retirement Agreement") with Thomas M. Coughlin, who was then Vice Chairman of the Board of Directors of the Company. The Company disclosed the terms of the Retirement Agreement on a Form 8-K filed with the Securities and Exchange Commission (the "Commission") on January 26, 2005.

On June 10, 2005, the Company gave written notice to Mr. Coughlin that the Company had rescinded the Retirement Agreement in its entirety and had revoked certain retirement and other benefits. The basis for the rescission and the revocation of the Retirement Agreement and other benefits was disclosed in a Form 8-K filed with the Commission on June 10, 2005.

On July 27, 2005, the Company commenced litigation against Mr. Coughlin seeking relief consistent with its rescission of the Retirement Agreement.

On August 21, 2008, the Company and Mr. Coughlin reached a settlement of the litigation. The material terms of the settlement are as follows:

1. Mr. Coughlin will forego all outstanding rights and claims under the Retirement Agreement, as well as any additional unpaid or withheld benefits under the Company's retirement and other benefit plans (the total of which is currently estimated at a value of approximately $17 million, not including health benefits).

2. The Company will pay Mr. Coughlin the amount of $6.75 million.