Supplement to Saks Incorporated Restricted Stock Agreement for Award Holder

Summary

This document is a supplement to the Restricted Stock Agreement between Saks Incorporated and the award holder. It confirms the grant of a specified number of shares of Saks Incorporated common stock as restricted stock, subject to the terms of the company's 2004 Long-Term Incentive Plan, the original Restricted Stock Agreement, and this supplement. The restrictions on the awarded shares will expire on a specified date unless they vest earlier under certain conditions outlined in the agreement.

EX-10.29 15 dex1029.htm FORM OF SUPPLEMENT TO SAKS INCORPORATED RESTRICTED STOCK AGREEMENT Form of Supplement to Saks Incorporated Restricted Stock Agreement

Exhibit 10.29

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:

Saks Incorporated 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 2004 Long-Term Incentive Plan (the “Plan”), (2) the Restricted Stock Agreement between Saks Incorporated and you (the “Restricted Stock Agreement”), and (3) this Supplement to Restricted Stock Agreement. This Supplement to Restricted Stock Agreement is an “Award Supplement” referred to in the Agreement.

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:  

Executive Vice President—Human Resources