First Amendment to Hanesbrands Inc. Omnibus Incentive Plan (As Amended and Restated)
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Summary
This amendment, effective July 26, 2016, modifies the Hanesbrands Inc. Omnibus Incentive Plan. The change, approved by the company's Compensation Committee, replaces the word "minimum" with "maximum" in section 18 of the plan. The amendment is intended to clarify or adjust the plan's terms as authorized by the company's board. No other terms of the plan are changed by this amendment.
EX-10.2 3 hbi-20181229exx102.htm EXHIBIT 10.2 Exhibit
Exhibit 10.2
FIRST AMENDMENT
OF
HANESBRANDS INC. OMNIBUS INCENTIVE PLAN
OF
HANESBRANDS INC. OMNIBUS INCENTIVE PLAN
(As Amended and Restated)
WHEREAS, Hanesbrands Inc. (the “Company”) maintains the Hanesbrands Inc. Omnibus Incentive Plan (As Amended and Restated) (the “Plan”); and
WHEREAS, amendment of the Plan is now considered desirable.
NOW, THEREFORE, by virtue of the power granted to the Company by section 20 of the Plan and the authority delegated to the Compensation Committee of the board of directors of the Company (the “Committee”) by resolutions of the Board of Directors of the Company, the Plan be and it hereby is amended, effective as of July 26, 2016, by substituting the word “maximum” for the word “minimum” where the latter word appears in section 18 of the Plan.
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