Summary of Changed Named Executive Officer Compensation Arrangements for Cynthia Harriss and Byron Pollitt
This document outlines changes to the compensation arrangements for two named executive officers. Cynthia Harriss's annual base salary was increased from $750,000 to $785,000, and Byron Pollitt's annual base salary was increased from $675,000 to $700,000, both effective March 19, 2006. Additionally, Cynthia Harriss received a bonus of $59,853 for her leadership and the performance of the Outlet Division during part of fiscal 2005.
Exhibit 10.1
Summary of Changed Named Executive Officer Compensation Arrangements
Cynthia Harriss’ annual base salary was changed from $750,000 to $785,000 effective March 19, 2006.
Byron Pollitt’s annual base salary was changed from $675,000 to $700,000 effective March 19, 2006.
Cynthia Harriss was awarded a bonus of $59,853 based on the portion of fiscal 2005 during which she led the Company’s Outlet Division and the performance of that division.
