Abercrombie & Fitch Co. Stock Unit Grant Agreement with Associate
Contract Categories:
Business Finance
›
Stock Agreements
Summary
Abercrombie & Fitch Co. and an employee (the Associate) enter into this agreement to grant the Associate stock units under the company's 2002 Stock 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 stock plan. Both the company and the Associate must sign the agreement for it to be effective.
EX-10.17 8 l10858aexv10w17.txt EXHIBIT 10.17 EXHIBIT 10.17 ABERCROMBIE & FITCH CO. 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 Co. 2002 Stock Plan for Associates (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 CO. ASSOCIATE _____________________________________ _____________________________________ Michael Jeffries, Chairman and Chief Executive Officer