EXHIBIT 10-7 EMPLOYMENT AGREEMENT EMPLOYMENT AGREEMENT, entered into the 20th day of December, 2001, effective as of the 1st day of February, 2002, between DEB SHOPS, INC., a Pennsylvania corporation with its principal offices at 9401 Blue Grass Road,...Employment Agreement • April 29th, 2002 • Deb Shops Inc • Retail-women's clothing stores • Pennsylvania
C) Notwithstanding the preceding Subsections 4(b)(iii)(A) and (B), in the event that the EBIT for any fiscal year during the term of this Agreement decreases, then and in such event, the Bonus for an increase in EBIT in a subsequent fiscal year during...Employment Agreement • April 29th, 2002 • Deb Shops Inc • Retail-women's clothing stores • Pennsylvania
