Fourth Amendment to Employment Agreement between Jos. A. Bank Clothiers, Inc. and Robert Hensley

Summary

This amendment updates the employment agreement between Jos. A. Bank Clothiers, Inc. and Robert Hensley, originally dated November 30, 1999. The main change is an increase in the bonus that Mr. Hensley may receive upon meeting performance goals, raising it to 50% of his base salary. All other terms of the original agreement remain unchanged, and this amendment takes precedence if there is any conflict with previous terms.

EX-10.17 5 dex1017.txt EXHIBIT 10.17 EXHIBIT 10.17(d) FOURTH AMENDMENT TO EMPLOYMENT AGREEMENT THIS FOURTH AMENDMENT (this "Amendment") is made as of this 28/th/ day of May, 2002 to that certain EMPLOYMENT AGREEMENT, dated as of November 30, 1999 (as heretofore amended, the "Employment Agreement"), by and between ROBERT HENSLEY ("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 and agree that the Bonus to which Executive may be entitled upon satisfaction of the Performance Goals is hereby increased to 50% of Base Salary. 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/: Robert Hensley ------------------------------------- ----------------------------------- Robert N. Wildrick, ROBERT HENSLEY Chief Executive Officer