[LIMITEDBRANDS LOGO] STOCK OPTION AWARD AGREEMENT
Exhibit 1.03
[LIMITEDBRANDS 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: | V. Ann Hailey | |
Business Unit: | Limited Support Group | |
Social Security Number: | ||
Address: | 7531 Ehret Round New Albany, OH United States 43054 |
Vesting Schedule | ||||||||||||
Option Type | Date of Grant | Expiration Date | Number of Shares | Option Price | Date | Shares | ||||||
Incentive | 3/31/2005 | 3/31/2015 | 4,115 | $ 24.3000 | 3/31/06 | |||||||
3/31/07 | ||||||||||||
3/31/08 | ||||||||||||
3/31/09 | 4,115 | |||||||||||
Non-Qualified (NQ) | 3/31/2005 | 3/31/2015 | 95,885 | $ 24.3000 | 3/31/06 | 25,000 | ||||||
3/31/07 | 25,000 | |||||||||||
3/31/08 | 25,000 | |||||||||||
3/31/09 | 20,885 |
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 | V. Ann Hailey |
PLEASE RETURN ONE SIGNED COPY OF THIS AGREEMENT TO
PAM WILSON, LIMITED BRANDS, THREE LIMITED PARKWAY, COLUMBUS, OH 43230 ###-###-####