Limited Brands, Inc. Stock Option Award Agreement with Dr. Leonard A. Schlesinger
This agreement is between Limited Brands, Inc. and Dr. Leonard A. Schlesinger. It grants Dr. Schlesinger the option to purchase 125,000 shares of the company's common stock at a set price, according to a vesting schedule over four years. The agreement outlines the terms under the company's 1993 Stock Option and Performance Incentive Plan (2003 Restatement). Both parties must sign the agreement for it to be valid.
[LIMITED BRANDS LOGO]
STOCK OPTION AWARD AGREEMENT
This Stock Option Agreement is entered into by and between Limited Brands, Inc. (the Company) and the associate of the Company whose name appears below (the Associate) in order to set forth the terms and conditions of Options granted to the Associate under the Limited Brands, Inc. 1993 Stock Option and Performance Incentive Plan (2003 Restatement) (the Plan).
Associates Name: | Dr. Leonard A. Schlesinger |
Business Unit: | Limited Support Group |
Social Security Number: | |
Address: | 3900 Kitzmiller Road |
New Albany, OH United States 43054 |
Vesting Schedule | ||||||||||||
Option Type | Date of Grant | Expiration Date | Number of Shares | Option Price | Date | Shares | ||||||
Non-Qualified (NQ) | 4/28/2005 | 4/28/2015 | 125,000 | $ 21.88 | 4/28/06 | 31,250 | ||||||
4/28/07 | 31,250 | |||||||||||
4/28/08 | 31,250 | |||||||||||
4/28/09 | 31,250 |
Subject to the attached Terms and Conditions and the terms of the Plan, which are incorporated herein by reference, the Company hereby grants to the Associate Options to purchase shares of Common Stock of the Company, as outlined above.
The Company and the Associate have executed this Agreement as of the Date of Grant set forth above.
LIMITED BRANDS, INC. | ASSOCIATE: | |
By: | ||
| | |
Leslie H. Wexner, Chairman | Dr. Leonard A. Schlesinger |
PLEASE RETURN ONE SIGNED COPY OF THIS AGREEMENT TO
PAM WILSON, LIMITED BRANDS, THREE LIMITED PARKWAY, COLUMBUS, OH 43230 ###-###-####