Common use of Position; Term Clause in Contracts

Position; Term. During the Term, the Executive shall be employed by the Company as Executive Vice President and Chief Merchandising Officer - ▇▇▇▇▇▇ ▇▇▇▇▇ Jeans and shall perform such duties and responsibilities as determined by the Company’s Chief Executive Officer or such other executive officer position which the Executive reports to, in all cases consistent with such position. The Executive shall devote her full business time and attention to the satisfactory performance of such duties. Anything herein to the contrary notwithstanding, nothing shall preclude the Executive from (i) subject to reasonable approval of the Board, serving on the boards of directors of trade associations and/or charitable organizations or other business corporations (provided such service is not prohibited under Section 7(a)(i) below), (ii) engaging in charitable activities and community affairs and (iii) managing her personal investments and affairs, provided that the activities described in the preceding clauses (i) through (iii) do not materially interfere with the proper performance of the Executive’s duties and responsibilities hereunder. The term of the Executive’s employment hereunder shall begin on April 2, 2012 (the “Commencement Date”) and end at the Date of Termination (the “Term”).

Position; Term. During the Term, the Executive shall be employed by the Company as Executive Vice President and Chief Merchandising Commercial Officer - ▇▇▇▇▇▇ ▇▇▇▇▇ Jeans and shall perform such duties and responsibilities as determined by the Company’s Chief Executive Officer or such other executive officer position which the Executive reports to, in all cases consistent with such position. The Executive shall devote her his full business time and attention to the satisfactory performance of such duties. Anything herein to the contrary notwithstanding, nothing shall preclude the Executive from (i) subject to reasonable approval of the Board, serving on the boards of directors of trade associations and/or charitable organizations or other business corporations (provided such service is not prohibited under Section 7(a)(i) below), (ii) engaging in charitable activities and community affairs and (iii) managing her his personal investments and affairs, provided that the activities described in the preceding clauses (i) through (iii) do not materially interfere with the proper performance of the Executive’s duties and responsibilities hereunder. The term of the Executive’s employment hereunder under this Agreement shall begin on April 2February 1, 2012 (the “Commencement Date”) and shall end at on the Date of Termination (the “Term”).