SAKS INCORPORATED Supplement to Restricted StockAgreement
Exhibit 10.4
SAKS INCORPORATED
Supplement to Restricted Stock Agreement
«Name»
Name of Award Holder
Award Date: «Issue_Date»
«Number_of_Shares»
Number of Shares of Restricted Stock
Dear Award Holder:
This letter constitutes an Award Supplement referred to in that certain Restricted Stock Agreement dated [date of Agreement] (the Restricted Stock Agreement) between Saks Incorporated (the Company) and you. You are hereby notified that the Company has awarded to you the number of shares of its common stock, $0.10 par value indicated above (the Restricted Stock). The shares of Restricted Stock are awarded to you pursuant to and subject to the terms and conditions of (1) the Saks Incorporated 2009 Long-Term Incentive Plan (the Plan), (2) the Restricted Stock Agreement, and (3) this Award Supplement.
Unless sooner vested in accordance with paragraph 3 of the Restricted Stock Agreement, the restrictions imposed by paragraph 2 of the Restricted Stock Agreement will expire as to the following percentage of the Restricted Stock on the dates indicated:
Percentage of Restricted Stock | Date of Expiration of Restrictions | |
100% | «Expiration_Date» |
Saks Incorporated | ||
By: | /S/ CHRISTINE A. MORENA | |
Executive Vice PresidentCorporate Human Resources |