EXHIBIT 10.18(c)
THIRD AMENDMENT TO EMPLOYMENT AGREEMENT
THIS THIRD AMENDMENT (this "Amendment") is made as of this 29 day of May,
2002 to that certain EMPLOYMENT AGREEMENT, dated as of December 21, 1999 (as
heretofore amended, the "Employment Agreement"), by and between X. XXXX BLACK
("Employee") and XXX. A. BANK CLOTHIERS, INC. ("Employer").
FOR GOOD AND VALUABLE CONSIDERATION, the receipt and adequacy of which are
hereby acknowledged, Employer and Employee, being the sole parties to the
Employment Agreement, hereby amend the Employment Agreement and agree that the
Bonus to which Executive may be entitled upon satisfaction of the Performance
Goals is hereby increased to 50% of Base Salary.
Except as specifically amended hereby, the Employment Agreement shall
remain in full force and effect according to its terms. To the extent of any
conflict between the terms of this Amendment and the terms of the remainder of
the Employment Agreement, the terms of this Amendment shall control and prevail.
Capitalized terms used but not defined herein shall have those respective
meanings attributed to them in the Employment Agreement. This Amendment shall
hereafter be deemed a part of the Employment Agreement for all purposes.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of
the date first above written.
XXX. A. BANK CLOTHIERS, INC.
By: /s/: Xxxxxx X. Xxxxxxxx /s/: Xxxx Xxxxx
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Xxxxxx X. Xxxxxxxx, X. XXXX BLACK
Chief Executive Officer
