Abercrombie & Fitch Stock Unit Grant Agreement with Associate under 1996 Incentive Plan
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Summary
This agreement is between Abercrombie & Fitch Co. and an employee (the Associate), granting the Associate stock units under the company's 1996 Stock Option and Performance Incentive Plan. Each stock unit represents the right to receive one share of Class A Common Stock. The stock units vest over four years, with 25% vesting each year on the anniversary of the grant date. The agreement outlines the vesting schedule and incorporates the terms of the company's incentive plan.
EX-10.11 2 l10858aexv10w11.txt EXHIBIT 10.11 EXHIBIT 10.11 ABERCROMBIE & FITCH AWARD STOCK UNIT GRANT ACKNOWLEDGEMENT OF RECEIPT This Stock Unit Agreement is entered into by and between Abercrombie & Fitch Co. (the "Company"), and the Associate of the Company whose name appears below (the "Associate") in order to set forth the terms and conditions of grant of stock units, each representing the right to receive one share of Class A Common Stock, $0.01 par value, of the Company (the "Stock Units"), to the Associate under the Abercrombie & Fitch 1996 Stock Option and Performance Incentive Plan (1998 Restatement, as amended) (The "Plan"). ASSOCIATE'S NAME: SOCIAL SECURITY #: # OF STOCK UNITS: DATE OF GRANT: VESTING: Stock Units vest on the anniversary of Date of Grant in accordance with the schedule listed below: Year 1 # 25% Year 2 25% Year 3 25% Year 4 25% Subject to the terms and conditions of the attached Plan, which are incorporated herein by reference, the Company hereby grants to the Associate the Stock Units as outlined above. The Company and the Associate executed this Stock Unit Agreement as of the Date of Grant set forth above. ABERCROMBIE & FITCH ASSOCIATE _____________________________________ ____________________________________ Michael Jeffries, Chairman and Chief Executive Officer