0000950142-08-002024 Sample Contracts

TRANSITION AND RETIREMENT AGREEMENT
Transition and Retirement Agreement • December 23rd, 2008 • Movado Group Inc • Watches, clocks, clockwork operated devices/parts • New York

This Transition and Retirement Agreement (hereafter this “Agreement”), dated as of December 19, 2008, is hereby entered into by and between Gedalio Grinberg (the “Executive”), and Movado Group, Inc., a New York corporation (together with its subsidiaries and affiliates, the “Company”).

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