Updated Terms to Employment, dated March 14, 2023, by and between Vince, LLC and Amy Levy Trooskin
Exhibit 10.56
March 14, 2023
Amy Levy
[Home Address]
Dear Amy:
We are pleased to confirm the following updates to the terms of your employment with Vince, LLC (“Vince” or the “Company”), effective immediately:
Base Compensation
Effective, March 13, 2023, your annual base salary shall be $525,000.
All other terms of your employment shall remain the same pursuant to the Employment Agreement dated January 17, 2023 including the at-will nature of your employment. In the event of inconsistency between the terms of this letter and the Employment Agreement, the terms of this letter shall govern.
I look forward to your continued success!
[Signature page to follow.]
Sincerely,
/s/ Jonathan Schwefel
Jonathan (Jack) Schwefel
Chief Executive Officer, Vince, LLC
/s/ Lee Meiner
Lee Meiner
Chief People Office, Vince, LLC
I agree to the terms of the offer as outlined above:
/s/ Amy Levy
Amy Levy