Abercrombie & Fitch Stock Option Agreement for Non-Associate Directors

Summary

This agreement is between Abercrombie & Fitch and one of its directors, granting the director non-qualified stock options under the company's 1996 Stock Plan for Non-Associate Directors. The options allow the director to purchase company shares at a set price, with the shares vesting in equal portions over four years. The agreement outlines the number of options, grant date, and vesting schedule, and is subject to the terms of the plan and additional conditions specified in the attached documents.

EX-10.16 7 l10858aexv10w16.txt EXHIBIT 10.16 EXHIBIT 10.16 ABERCROMBIE & FITCH STOCK AWARD STOCK OPTION AGREEMENT ACKNOWLEDGEMENT OF RECEIPT This Stock Option Agreement is entered into by and between Abercrombie & Fitch (the "Company"), and the Director of the Company whose name appears below (the "Director") in order to set forth the terms and conditions of Options granted to the Director under The Abercrombie & Fitch 1996 Stock Plan for Non-Associate Directors (1998 Restatement, as amended) (The "Plan"). DIRECTOR'S NAME: SOCIAL SECURITY #: ADDRESS: # OPTIONS: DATE OF GRANT: GRANT PRICE: OPTION TYPE: NON-QUALIFIED VESTING: Shares vest over four years 25% / 25% / 25% / 25% Subject to the attached Terms and Conditions and the terms of the Plan, which are incorporated herein by reference, the Company hereby grants to the Director Options to purchase shares of Common Stock of the Company, as outlined above. The Company and the Director have executed this Agreement as of the Date of Grant set forth above. ABERCROMBIE & FITCH DIRECTOR _____________________________________ _____________________________________ Michael Jeffries, Chairman and Chief Executive Officer