EX-10.d: DESCRIPTION OF 2008 SALARIED EMPLOYEE INCENTIVE BONUS PLAN
Contract Categories:
Human Resources
- Bonus & Incentive Agreements
EX-10.D 2 y74625exv10wd.htm EX-10.D: DESCRIPTION OF 2008 SALARIED EMPLOYEE INCENTIVE BONUS PLAN EX-10.d
Exhibit 10(d)
DESCRIPTION OF LIZ CLAIBORNE, INC.
2008 SALARIED EMPLOYEE INCENTIVE PLAN
2008 SALARIED EMPLOYEE INCENTIVE PLAN
For the 2008 fiscal year, Liz Claiborne, Inc. maintained a bonus plan for full time salaried employees under which bonuses were earned based upon a combination of return on invested operating capital, as measured against pre-established targets, and, as applicable, achievement of targeted levels of corporate operating profit, divisional direct operating profit and/or departmental performance considerations and the achievement of individual goals, subject to certain terms and conditions. A similar bonus plan is anticipated for 2009.
