Limited Brands, Inc. Stock Option Award Agreement with Dr. Leonard A. Schlesinger

Summary

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.

EX-1.01 2 may0205_ex0101.htm

[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”).

Associate’s 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 ###-###-####