	Théodore returned to the Lynx upon his draft in 1994–95, but was traded early in the season to the Hull Olympiques. In 43 games with his new team in the regular season, Théodore posted a 2.97 GAA with a 27-14-1 record to be awarded the Ford Cup as the top defensive player and be named to the QMJHL Second All-Star Team. Théodore went on to lead the Olympiques to the President's Cup as QMJHL champions, winning the Guy Lafleur Trophy as playoff MVP. Earning a berth in the 1995 Memorial Cup, the Olympiques finished in last place in the tournament.