Amendment No. 2 to Hanover Direct, Inc. Key Executive Six Month Compensation Continuation Plan

Contract Categories: Human Resources › Compensation Agreements
Summary

Hanover Direct, Inc. has amended its Key Executive Six Month Compensation Continuation Plan to update the list of its subsidiaries following a company reorganization on December 28, 2002. The amendment replaces Appendix A of the plan with a new list of legal entities and their federal identification numbers. All other terms of the plan remain unchanged. The amendment was executed by an authorized company officer on November 4, 2003.

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EX-10.6 8 y91123exv10w6.txt AMENDMENT TO KEY EXECUTIVE COMPENSATION PLAN Exhibit 10.6 Amendment Number 2 WHEREAS, Hanover Direct, Inc. (the "Company") maintains the Hanover Direct, Inc. Key Executive Six Month Compensation Continuation Plan (the "Plan"); and WHEREAS, pursuant to Section 9 of the Plan, the Company's Board of Directors (the "Board") has the right at any time to amend the Plan (except under certain circumstances set forth in said Section 9 which are not applicable in the instant case); and WHEREAS, the Board now desires to amend the Plan to reflect the reorganization of the Company's subsidiaries which occurred on December 28, 2002; NOW, THEREFORE, the Plan is hereby amended, effective as of December 28, 2002, as follows: FIRST: The Plan is hereby amended by deleting Appendix A thereto in its entirety and by substituting the following therefore: "APPENDIX A
LEGAL ENTITY FEDERAL IDENTIFICATION NUMBER - ------------ ----------------------------- American Down & Textile, LLC 01-0757279 Brawn of California, Inc. 95-2908436 Clearance World Outlets, LLC 22-3700615 D.M. Advertising, LLC 22-3760990 Domestications, LLC 54-1893520 Gump's By Mail, Inc. 94-3222698 Gump's Corp. 22-3236243 Hanover Company Store, LLC 22-3579201 Hanover Gifts, Inc. 22 ###-###-#### Hanover Home Fashions Group, LLC 54-1893519 Hanover Realty, Inc. 22 ###-###-#### Keystone Internet Services, LLC 01-0757274 La Crosse Fulfillment, LLC ###-###-####
Scandia Down, LLC ###-###-#### Silhouettes, LLC ###-###-#### The Company Office, Inc. 39-1766577 The Company Store Factory, Inc. 39-1766578 The Company Store Group, LLC 01-0757269 The Horn & Hardart Company, Inc. 13 ###-###-####"
SECOND: Except to the extent hereinabove set forth, the Plan shall remain in full force and effect without change or modification. IN WITNESS WHEREOF, and as evidence of the adoption of the foregoing, the Company has caused this Amendment Number 2 to be executed by a duly authorized officer this 4th day of November, 2003. HANOVER DIRECT, INC. By: /s/ Brian C. Harriss ---------------------- Name: Brian C. Harriss Title: EVP HR & Legal 2