Coach 2015 Annual Report Download - page 127
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Company reserves the right to place restrictions required by law on Common Stock received by you pursuant to this Award.
9 . This Award is intended to conform in all respects with, and is subject to applicable
provisions of, the Plan. Inconsistencies between this Agreement and the Plan shall be resolved in accordance with the terms of the
Plan. By your acceptance of this Agreement, you agree to be bound by all of the terms of this Agreement and the Plan.
10. Nothing in this Agreement confers any right on you to continue in the employ
of the Coach Companies or affects in any way the right of any of the Coach Companies to terminate your employment at any time
with or without cause.
11. In accepting the RSUs, you acknowledge and agree that:
(a) the Plan is established voluntarily by the Company, it is discretionary in nature and may be modified, amended,
suspended or terminated by the Company at any time, to the extent permitted by the Plan;
(b) the award of RSUs is voluntary and occasional and does not create any contractual or other right to receive future
awards of RSUs, or benefits in lieu of RSUs, even if RSUs have been awarded in the past;
(c) all decisions with respect to future awards, if any, shall be at the sole discretion of the Company;
(d) your participation in the Plan is voluntary;
(e) the award of RSUs and the Shares subject to the RSUs are extraordinary items that (i) do not constitute
compensation of any kind for services of any kind rendered to the Company or any Affiliate, and (ii) are outside the scope of your
employment or service contract, if any;
(f) the RSUs and the Shares subject to the RSUs, and the income and value of same, are not intended to replace any
pension rights or compensation;
(g) the award of RSUs and the Shares subject to the RSUs, and the income and value of same are not part of normal or
expected compensation or salary for any purposes, including, but not limited to, calculating any severance, resignation,
termination, redundancy, end of service payments, bonuses, long-service awards, pension or retirement or welfare benefits or
similar payments and in no event should be considered as compensation for, or relating in any way to, past services for the
Company or any Affiliate;
(h) the award of RSUs and your participation in the Plan shall not create a right to employment or be interpreted as
forming an employment or service contract with the Company, the Employer or any other Affiliate, and shall not interfere with the
ability of the Company, the Employer or any other Affiliate, as applicable, to terminate your employment or service relationship (if
any);
(i) the future value of the underlying the Shares is unknown and cannot be predicted with certainty;
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