Exhibit 10(d)
EX-10.D 2 c96532exv10wd.htm EXHIBIT 10(D) Exhibit 10(d)
EXHIBIT 10(d)
DESCRIPTION OF LIZ CLAIBORNE, INC.
2009 EMPLOYEE INCENTIVE PLAN
2009 EMPLOYEE INCENTIVE PLAN
For the 2009 fiscal year, Liz Claiborne Inc. maintained a bonus plan for full time salaried employees under which bonuses were earned based upon either divisional operating profit or total gross corporate costs, as measured against pre-established targets, and, as applicable, departmental performance considerations and the achievement of individual goals, subject to certain terms and conditions. A similar bonus plan is anticipated for 2010.