Xxxxxxxx-Van Heusen Letterhead
Dear :
We refer to that certain agreement, dated , by and
between you and us which provides you with a target monthly
benefit of $ under our so-called "Capital Accumulation
Plan". This letter, when accepted by you, will constitute an
amendment of such agreement to the extent set forth herein:
1. Part A of Article THIRD of said agreement is hereby
amended to read as follows:
A. The term "Acceleration Event" shall mean a Change
in Control.
2. Part D of Article THIRD of said agreement (the
definition of a "Change in Chief Executive Officer") is hereby
deleted.
3. Part E of Article THIRD of said agreement (the
definition of "Change in Control") is hereby amended by deleting
the proviso at the end thereof.
4. Part M of Article THIRD of said agreement (the
definition of "Xxxxxxxx Family") is hereby deleted.
5. Except as hereby expressly amended and modified, the
provisions of said agreement shall remain in full force and
effect.
If the foregoing is acceptable to you, please sign and
return to us the enclosed copy of this letter.
Very truly yours,
XXXXXXXX-VAN HEUSEN CORPORATION
By:
ACCEPTED AND AGREED TO:
