SAMSONITE CORPORATION EXECUTIVE DEFERRED COMPENSATION AWARD AGREEMENTExecutive Deferred Compensation Award Agreement • June 14th, 2005 • Samsonite Corp/Fl • Leather & leather products • New York
This Award Agreement, dated March 17, 2005, sets forth the terms and conditions of the grant to [see schedule] (“Grantee”) by Samsonite Corporation (the “Company”) of a deferred compensation award (the “Award”). This Award Agreement relates to (i) the cancellation, as of the date hereof, of the stock option (the “Prior Option”) previously granted to Grantee by the Company, evidenced by the Executive Stock Option Agreement entered into by Grantee and the Company, effective February 1, 2005 and (ii) the grant, as of the date hereof, of a stock option which shall have such terms and conditions as are set forth in the agreement evidencing such option (the “New Option Agreement”). The Award (as defined in Section 1 of this Award Agreement) is granted under the Samsonite Corporation Amended and Restated FY 1999 Stock Option and Incentive Award Plan (the “1999 Plan”) and shall be subject to all of the terms and conditions thereof.
