0000950123-08-018393 Sample Contracts

LIZ CLAIBORNE, INC. EXECUTIVE TERMINATION BENEFITS AGREEMENT
Executive Termination Benefits Agreement • December 24th, 2008 • Claiborne Liz Inc • Women's, misses', and juniors outerwear • Delaware

This amended and restated Executive Termination Benefits Agreement (this “Agreement”), dated as of the 24th day of December, 2008 (the “Effective Date”), is by and between Liz Claiborne, Inc., a Delaware corporation (the “Company”), and William L. McComb (the “Executive”).

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William L. McComb, Re: Employment Agreement Dear Bill:
Employment Agreement • December 24th, 2008 • Claiborne Liz Inc • Women's, misses', and juniors outerwear • New York

This is your amended and restated Employment Agreement (this “Agreement”) with Liz Claiborne, Inc. (the “Company”). This Agreement is being amended and restated as of the date first above written with the intention to comply with Section 409A of the Internal Revenue Code of 1986, as amended (“IRC”), as further described in Section 12(b). This Agreement sets forth the terms and conditions of your continued employment with the Company and its subsidiaries and affiliates from time to time (together, the “Group”) during the term of your employment with the Company (the “Term of Employment”).

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