0000950134-05-007107 Sample Contracts

THIRD AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • April 8th, 2005 • J C Penney Co Inc • Retail-department stores

This Agreement amends that certain Employment Agreement dated August 1, 1999, as amended, (“Employment Agreement”) between J. C. Penney Company, Inc and J. C. Penney Corporation, Inc., each a Delaware corporation, (“Employer”) and Vanessa Castagna (“Employee”), and shall be effective as of November 9, 2004.

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CREDIT AGREEMENT dated as of April 7, 2005 among J. C. PENNEY COMPANY, INC., J. C. PENNEY CORPORATION, INC., J. C. PENNEY PURCHASING CORPORATION, The Lenders Party Hereto, and JPMORGAN CHASE BANK, N.A. as Administrative Agent, and WACHOVIA BANK,...
Credit Agreement • April 8th, 2005 • J C Penney Co Inc • Retail-department stores • New York

Schedule 1.01 — Existing Letters of Credit Schedule 2.01 — Commitments Schedule 2.05 — Initial Issuing Banks Schedule 3.06 — Disclosed Matters Schedule 3.12 — Material Subsidiaries Schedule 6.02 — Existing Liens Schedule 6.06 — Existing Restrictions

Gary Davis Executive Vice President Chief Human Resources and Administration Officer
Employment Agreement • April 8th, 2005 • J C Penney Co Inc • Retail-department stores • Texas

Reference is made to the Employment Agreement (the “Employment Agreement”) dated July 21, 2000 between you and J.C. Penney Corporation, Inc. (formerly J.C. Penney Company, Inc. and hereafter, the “Company”). This letter (the “Agreement”) will set forth our mutual understanding as to the rights and obligations of you and the Company in connection with your ceasing to be employed by the Company, effective as of December 22, 2004. Capitalized terms that are used but not defined here shall have the meaning set forth in the Employment Agreement.

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