First Amendment to Employment Agreement
Exhibit 10.11
First Amendment to Employment Agreement
This First Amendment to the employment agreement by and between THE WARNACO GROUP, INC., a
Delaware corporation (together with its successors and assigns, the “Company”), and XXX XXXXXXX
(the “Executive”), dated as of August 11, 2008 (the “Agreement”), is made and entered into on the
date written below. All definitions not defined herein have the meaning ascribed to such terms in
the Agreement.
WHEREAS, the Company desires to amend the Agreement to provide a pro-rata bonus for the
Executive upon certain terminations of employment without Cause or for Good Reason;
NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein and for
other good and valuable consideration, the receipt of which is mutually acknowledged, the Company
and the Executive agree as follows:
1. Section 5(a)(iv) of the Agreement is amended by deleting the phrase “if the Date of Termination
occurs after Xxxxxx Xxxxxx is no longer Chief Executive Officers of the Company”.
2. Except as otherwise set forth herein, the Agreement continues in full force and effect.
IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the date written below.
THE WARNACO GROUP, INC. | ||||||||
By: | /s/ Xxxxxx X. Xxxxxx | |||||||
Name: | Xxxxxx X. Xxxxxx | |||||||
Title: | Chief Executive Officer | |||||||
THE EXECUTIVE | ||||||||
/s/ Xxx Xxxxxxx | ||||||||
XXX XXXXXXX |
Date: October 31, 2011