Shelley Broader
EX-10.1 2 exhibit101amendmenttobroad.htm EXHIBIT 10.1 Exhibit
Exhibit 10.1
CONFIDENTIAL
April 14, 2016
Shelley Broader
Chief Executive Officer & President
Chico’s FAS, Inc.
11215 Metro Parkway
Fort Myers, FL 33966
Dear Shelley:
The purpose of this letter is to memorialize an amendment to your October 26, 2015 Offer Letter, as follows:
Under Paragraph 8, Severance, the third sentence shall be revised to read in its entirety as follows: “Furthermore, a “Change in Control” as defined in the Stock Plan shall constitute “Good Reason” under Section 3.02(e)(1) of the Severance Plan if such Change in Control results in a substantial diminution in duties or responsibilities (including a change in reporting relationships).”
Sincerely,
/s/ David F. Walker
David F. Walker
Chair Board of Directors
Chico’s FAS, Inc.
Accepted: | /s/ Shelley Broader | |
Shelley Broader | ||
Date: | April 14, 2016 |