Consulting Agreement Summary between The Bon-Ton Stores, Inc. and Michael L. Gleim (2006)
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Summary
The Bon-Ton Stores, Inc. has entered into a consulting agreement with Michael L. Gleim, a member of its Board of Directors. Under this arrangement, Mr. Gleim will serve as a consultant to the Board and senior management, and act as chair of the company's retirement plan committee. He will receive an annual fee of $75,000, paid monthly. The agreement covers the period from January 1, 2006, to December 31, 2006.
EX-10.1 2 w15276exv10w1.txt SUMMARY OF CONSULTING AGREEMENT WITH MICHAEL L. GLEIM EXHIBIT 10.1 SUMMARY OF CONSULTING ARRANGEMENT WITH MICHAEL L. GLEIM On November 28, 2005, the Human Resources and Compensation Committee of the Board of Directors of The Bon-Ton Stores, Inc. (the "Company") approved an arrangement pursuant to which Michael L. Gleim, a member of the Board of Directors, will continue to serve as a consultant to the Board of Directors and senior management of the Company and as chair of the Company's retirement plan committee in consideration of an annual fee of $75,000, payable in monthly installments. The term of this consulting arrangement is January 1, 2006 through December 31, 2006. -4-
