DEFERRED COMPENSATION AWARD AGREEMENTDeferred Compensation Award Agreement • June 14th, 2005 • Samsonite Corp/Fl • Leather & leather products • New York
This Award Agreement, dated March 17, 2005, sets forth the terms and conditions of the grant to Stonebridge Development Limited, a corporation organized under the laws of the British Virgin Islands (“Grantee”) by Samsonite Corporation (the “Company”) of a deferred compensation award (the “Award”). This Award Agreement relates to the stock option (the “Original Option”) previously granted to Grantee by the Company, evidenced by the Stock Option Agreement entered into by Grantee, Marcello Bottoli and the Company, effective April 19, 2004 (the “Option Agreement”). The Award (as defined in Section 1 of this Award Agreement) is granted under the Samsonite Corporation Amended and Restated FY 1999 Stock Option and Incentive Award Plan (the “1999 Plan”) and shall be subject to all of the terms and conditions thereof.
