EX-10.2: AMENDMENT TO EMPLOYMENT AGREEMENT-SAMMY AARON
EX-10.2 3 y01044exv10w2.htm EX-10.2: AMENDMENT TO EMPLOYMENT AGREEMENT-SAMMY AARON EX-10.2
Exhibit 10.2
G-III Apparel Group, Ltd.
512 Seventh Avenue
New York, New York 10018
512 Seventh Avenue
New York, New York 10018
January 28, 2009
Sammy Aaron
17 Ormond Park Road
Brookville, New York 11545
17 Ormond Park Road
Brookville, New York 11545
Re: | Employment Agreement |
Dear Sammy:
Reference is made to the Employment Agreement, dated July 11, 2005, as amended October 3, 2008 (as so amended, the Employment Agreement), between G-III Apparel Group, Ltd. and you.
This letter agreement, when executed by you, shall constitute our agreement that, for the six month period commencing February 1, 2009, your salary pursuant to Section 3(a) of the Employment Agreement shall be paid at the rate of $600,000 per year.
This Letter Agreement may be executed by the parties hereto in one or more counterparts, each of which shall be deemed an original and all of which when taken together shall constitute one and the same agreement. Any signature delivered by a party by facsimile transmission, or in PDF format circulated by electronic means, shall be deemed to be an original signature hereto.
If the foregoing accurately sets forth our agreement, please execute this letter and return it to the undersigned.
Very truly yours, | ||||||
G-III APPAREL GROUP, LTD. | ||||||
By: | /s/ Wayne Miller | |||||
Name: Wayne Miller | ||||||
Title: Chief Operating Officer | ||||||
Accepted and agreed to: | ||||||
/s/ Sammy Aaron | ||||||
SAMMY AARON |