SEVERANCE AGREEMENTSeverance Agreement • September 12th, 2007 • Talbots Inc • Retail-women's clothing stores • Massachusetts
This Severance Agreement (the “Agreement”) is made as of August 6, 2007, between The Talbots, Inc., a Delaware corporation (together with its subsidiaries, the “Company”) and Edward L. Larsen (the “Executive”). This Agreement sets forth the agreement of the parties relating to the severance arrangements for the Executive under certain circumstances. Capitalized terms used in this Agreement are defined in Section 8 hereof.
THE TALBOTS, INC. RESTRICTED STOCK AGREEMENTRestricted Stock Agreement • September 12th, 2007 • Talbots Inc • Retail-women's clothing stores
The undersigned acknowledges receipt from The Talbots, Inc. (together with its subsidiaries, the “Company” or “Talbots”) of (i) this Restricted Stock Agreement providing the terms and conditions of a grant of restricted stock made on August 7, 2007 under the 2003 Executive Stock Based Incentive Plan, as amended and restated (the “Plan”), and (ii) a copy of the Plan.
EMPLOYMENT AGREEMENTEmployment Agreement • September 12th, 2007 • Talbots Inc • Retail-women's clothing stores • Massachusetts
