2009 Consulting Agreement Continuation between The Bon-Ton Stores, Inc. and Michael L. Gleim

Contract Categories: Human Resources › Consulting Agreements
Summary

The Bon-Ton Stores, Inc. has extended its consulting arrangement with Michael L. Gleim, a Board member, for the year 2009. Under this agreement, Mr. Gleim will continue to serve as a consultant to the Board and senior management, and as chair of the company's retirement plans committee. He will receive an annual fee of $150,000, paid in monthly installments, for his services from January 1, 2009, to December 31, 2009.

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EX-10.16(C) 4 w73548exv10w16xcy.htm EXHIBIT 10.16(C) exv10w16xcy
EXHIBIT 10.16(c)
SUMMARY OF 2009 CONTINUATION OF THE
CONSULTING ARRANGEMENT WITH MICHAEL L. GLEIM
     On March 17, 2009, the Human Resources and Compensation Committee of the Board of Directors of The Bon-Ton Stores, Inc. (the “Company”) approved the continuation of an arrangement pursuant to which Michael L. Gleim, a member of the Board of Directors, serves as a consultant to the Board of Directors and senior management of the Company and as chair of the Company’s retirement plans committee for an annual fee of $150,000, payable in equal monthly installments. The term of this continued consulting arrangement is January 1, 2009 through December 31, 2009.