EXECUTIVE SEVERANCE AGREEMENTExecutive Severance Agreement • December 1st, 2022 • Lands' End, Inc. • Retail-family clothing stores • Wisconsin
This Executive Severance Agreement (“Agreement”) is made effective as of the 6th day of September, 2022 (the “Effective Date”), between Lands’ End, Inc., a Delaware corporation (together with its successors, assigns and Affiliates, the “Company”), and Andrew McLean (“Executive”).
VIA EMAILLands' End, Inc. • December 1st, 2022 • Retail-family clothing stores
This letter will serve to memorialize the terms of your transition from your role as Chief Executive Officer of Lands’ End, Inc. (“Lands’ End” or the “Company”), as follows:
VIA EMAILLands' End, Inc. • December 1st, 2022 • Retail-family clothing stores
We are pleased to extend to you our offer to join Lands’ End, Inc. (“Lands’ End”), contingent on our mutual execution of this letter agreement and your Executive Severance Agreement with Lands’ End in the form attached as Exhibit A hereto (the “Executive Severance Agreement”), and your commencement of employment on November 1, 2022 (your “Start Date”). Capitalized terms used in this letter agreement but not otherwise defined will have the meaning set forth in the Executive Severance Agreement.
