EMPLOYMENT AGREEMENT DATED MARCH 10, 2017 BETWEEN AND AMONG MICHAEL MACMILLAN, WINNERS MERCHANTS INTERNATIONAL L.P. AND THE TJX COMPANIES, INC.Employment Agreement • March 28th, 2017 • TJX Companies Inc /De/ • Retail-family clothing stores • Massachusetts
possible under the general terms and provisions of such plans and programs. In the event that Executive is ineligible to participate in such plans or programs, or if the Company in its discretion determines that continued participation on such basis could give rise to a tax or penalty, the Company shall maintain participation in all such plans through any ESA Notice Period and then provide for a comparable alternative arrangement (which may consist of a cash payment) in lieu of continued coverage, any such arrangement, to the extent taxable to Executive, to be provided on a basis that to the extent possible consistent with the intent of this subsection (b) and with Section C.2 is tax neutral to Executive. Notwithstanding the foregoing, and subject to the ESA requirements having been satisfied, the Company’s obligations hereunder with respect to life or medical coverage or benefits shall be deemed satisfied to the extent (but only to the extent) of any such coverage or benefits provided
Re: Amendment to Employment AgreementEmployment Agreement • March 28th, 2017 • TJX Companies Inc /De/ • Retail-family clothing stores
Reference is made to the Employment Agreement dated January 31, 2014 between you, NBC Attire, Inc. (“NBC Attire”) and The TJX Companies, Inc. (the “Company”) and the letter agreement between you, NBC Attire and the Company dated March 30, 2015, assigning the January 31, 2014 Employment Agreement to the Company (collectively, the “Existing Agreement”). The Existing Agreement and the period of your employment with the Company under the Existing Agreement are scheduled to expire on January 28, 2017 (the “End Date”), except as otherwise mutually agreed to by you and the Company. The Company and you are presently engaged in discussions regarding, and expect that you will enter into, a new agreement with the Company and/or one or more Company subsidiaries that will replace and supersede the Existing Agreement. The Company and you agree that the term of the Existing Agreement should be extended and your employment continue under, and remain subject to, the terms contained in the Existing Agre
