Form of CHANGE OF CONTROL TERMINATION PROTECTION AGREEMENTChange of Control Termination Protection Agreement • June 9th, 2005 • Neiman Marcus Group Inc • Retail-department stores • Texas
Normal SERP Benefit and the Enhanced Change of Control Benefit are based on the immediately payable early retirement benefits.
CHANGE OF CONTROL TERMINATION PROTECTION AGREEMENT (BURTON M. TANSKY)Change of Control Termination Protection Agreement • June 9th, 2005 • Neiman Marcus Group Inc • Retail-department stores • Texas
Executive is a skilled and dedicated employee who has important management responsibilities and talents which benefit the Company. The Company believes that its best interests will be served if Executive is encouraged to remain with the Company or its Subsidiaries. The Company has determined that Executive’s ability to perform Executive’s responsibilities and utilize Executive’s talents for the benefit of the Company, and the Company’s ability to retain Executive as an employee, will be significantly enhanced if Executive is provided with fair and reasonable protection from the risks of a change in control of the Company. Accordingly, the Company and Executive agree as follows:
