0001104659-08-015541 Sample Contracts

SEPARATION AGREEMENT
Supplemental General Release Agreement • March 5th, 2008 • Fossil Inc • Watches, clocks, clockwork operated devices/parts • Texas

WHEREAS, Executive’s employment with Fossil and/or any of its affiliates, as an officer, employee or in any other capacity, shall terminate effective as of 5:00 p.m. on December 29, 2007, unless his employment from the Company is earlier terminated as provided herein.

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OPTION FORFEITURE AGREEMENT
Option Forfeiture Agreement • March 5th, 2008 • Fossil Inc • Watches, clocks, clockwork operated devices/parts • Delaware

This Option Forfeiture Agreement (this “Agreement”) is entered into as of December 31, 2007 (the “Effective Date”) between Fossil, Inc., a Delaware corporation (the “Company”) and Kenneth W. Anderson (the “Optionee”). The Company and the Optionee are collectively referred to as the “Parties”.

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