Coach 2013 Annual Report Download - page 1139

EXHIBIT 1
Form of Deed
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

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, dated as of , 20__, among , a Maryland corporation, 
, a Delaware limited liability company, each having an office c/o Coach, Inc., 516 West 34th Street, New York, New York
10001 (“”), and , a Delawarelimited liability company, having an address at c/o The Related
Companies, L.P., 60 Columbus Circle, New York, New York 10023 (“”).
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, that Grantor in consideration of the sum of Ten Dollars ($10.00), and other good and valuable consideration paid by Grantee, the
receipt and legal sufficiency of which is hereby acknowledged by Grantor, does hereby grant and release and assign forever unto Grantee, and the heirs or
successors and assigns of Grantee, all those certain plots, pieces or parcels of land commonly known as 504-514 West 34 th Street and 516-520 West 34th
Street, and located in the City of New York, County of New York and State of New York, as more particularly bounded and described in  attached
hereto and made a part hereof (the “”);
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 with the building(s) now located or hereafter erected on the Land (the “ ”) and any and all other improvements now located or
hereafter erected on the Land (the Building and such other improvements being hereinafter collectively referred to as the “ ”);
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with all right, title and interest, if any, of Grantor in and to the land lying in the bed of any street, highway, road or avenue, opened or
proposed, public or private, in front of or adjoining the Land, to the center line thereof, any rights of way, appendages, appurtenances, easements, sidewalks,
alleys, gores or strips of land adjoining or appurtenant to the Land and used in conjunction therewith, any development rights appurtenant to the Land (the
foregoing rights, together with the Land and the Improvements being hereinafter referred to, collectively, as the “ ”);
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 the Premises herein granted unto Grantee, and the heirs, successors and assigns of Grantee, forever.
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 Grantor, in compliance with Section 13 of the Lien Law, covenants that Grantor will receive the consideration for this conveyance and will
hold the right to receive such consideration as a trust fund to be applied first for the purpose of paying the cost of the improvements at the Premises and will
apply the same first to the payment of the cost of the improvements before using any part of the total of the same for any other purpose.
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