EX-10.D: DESCRIPTION OF 2006 SALARIED EMPLOYEE INCENTIVE BONUS PLAN

EX-10.D 3 y30995exv10wd.htm EX-10.D: DESCRIPTION OF 2006 SALARIED EMPLOYEE INCENTIVE BONUS PLAN EX-10.D
 

Exhibit 10(d)
DESCRIPTION OF LIZ CLAIBORNE, INC.
2006 SALARIED EMPLOYEE INCENTIVE PLAN
     For the 2006 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 and earnings per share, as measured against pre-established targets, and, as applicable, achievement of targeted levels of divisional direct operating profit and/or departmental performance considerations and the achievement of individual goals, subject to certain terms and conditions.