Amendment to The Timberland Company 2004 Executive Long Term Incentive Program

Summary

This amendment modifies The Timberland Company 2004 Executive Long Term Incentive Program, which is part of the company's 1997 Incentive Plan. The change specifies that the award payout for the one-year period from January 1, 2004, to December 31, 2004, will be made on July 5, 2005. All other terms of the original program remain unchanged.

EX-10.8 4 a2153547zex-10_8.txt EXHIBIT 10.8 EXHIBIT 10.8 AMENDMENT TO THE TIMBERLAND COMPANY 2004 EXECUTIVE LONG TERM INCENTIVE PROGRAM (EFFECTIVE 12/1/04) AMENDMENT TO THE TIMBERLAND COMPANY 2004 EXECUTIVE LONG TERM INCENTIVE PROGRAM This instrument amends certain terms of The Timberland Company 2004 Executive Long Term Incentive Program. The Program is established under The Timberland Company 1997 Incentive Plan, and amounts paid under the Program are intended to qualify as performance-based compensation under Section 162(m) of the Internal Revenue Code. 1. Subsection (a) of Section 8. AWARD PAYMENT is hereby amended by adding the following sentence after the first sentence: "Notwithstanding anything in this Program document to the contrary, the Award payout for the one-year Award Period (1/1/04-12/31/04) shall be made on July 5, 2005." 2. With the exception of the amendment specified above, all other terms and conditions of this Program document remain in full force and effect.