First Amendment to Employment Agreement between R. Neal Black and Jos. A. Bank Clothiers, Inc.

Summary

This amendment updates the employment agreement between R. Neal Black and Jos. A. Bank Clothiers, Inc. It extends the employment period to February 1, 2003, unless ended earlier as specified in the original agreement. It also sets Mr. Black's base salary at $252,475 effective July 1, 2000, subject to possible increases at the company's discretion. All other terms of the original agreement remain unchanged unless they conflict with this amendment.

EX-10.18A 5 dex1018a.txt FIRST AMEND EMPLOYMENT AGREE/BLACK Exhibit 10.18A FIRST AMENDMENT TO EMPLOYMENT AGREEMENT THIS FIRST AMENDMENT (this "Amendment") is made as of this 16th day of ---- March, 2001 to that certain EMPLOYMENT AGREEMENT, dated as of December 21, 1999 (the "Employment Agreement"), by and between R. NEAL BLACK ("Employee") and JOS. A. BANK CLOTHIERS, INC. ("Employer"). FOR GOOD AND VALUABLE CONSIDERATION, the receipt and adequacy of which are hereby acknowledged, Employer and Employee, being the sole parties to the Employment Agreement, hereby amend the Employment Agreement as follows: 1. Subject to earlier termination otherwise set forth in the Employment Agreement, the last day of the Employment Period shall be February 1, 2003. 2. Effective July 1, 2000 and unless otherwise increased in the discretion of the Company, Base Salary shall be $252,475. Except as specifically amended hereby, the Employment Agreement shall remain in full force and effect according to its terms. To the extent of any conflict between the terms of this Amendment and the terms of the remainder of the Employment Agreement, the terms of this Amendment shall control and prevail. Capitalized terms used but not defined herein shall have those respective meanings attributed to them in the Employment Agreement. This Amendment shall hereafter be deemed a part of the Employment Agreement for all purposes. IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date first above written. JOS. A. BANK CLOTHIERS, INC. By:: /s/: Robert N. Wildrick /s/: R. Neal Black ------------------------------- ------------------- Robert N. Wildrick, R. NEAL BLACK Chief Executive Officer