AGREEMENT made as of the _____ day of _____, 2011, by and between G-III APPAREL GROUP, LTD. (the “Company”) and _____ (the “Executive”).Release Agreement • February 16th, 2011 • G Iii Apparel Group LTD /De/ • Apparel & other finishd prods of fabrics & similar matl • New York
WHEREAS, the parties desire that certain severance protections be afforded to the Executive in the event of involuntary termination of the Executive’s employment in conjunction with a “change in control” of the Company, as described herein;
