Neiman Marcus 2003 Annual Report Download - page 290

Exhibit 10.29
THE NEIMAN MARCUS GROUP, INC.
RESTRICTED STOCK UNIT AGREEMENT
ISSUED PURSUANT TO 1997 INCENTIVE PLAN
THIS AGREEMENT is made as of the day of , 20 , by and between THE NEIMAN MARCUS GROUP,
INC., a Delaware corporation (the "Corporation"), and , an employee of the Corporation or one of its subsidiaries
(the "Employee").
Recitals:
1. On January 17, 1997, the Corporation adopted for the benefit of key employees The Neiman Marcus Group, Inc.
1997 Incentive Plan (the "Plan"), and the Plan was approved by its stockholders on that date.
2. The Plan is administered by the Compensation Committee (the "Committee") of the Corporation's Board of
Directors (the "Board").
3. The Committee previously selected the Employee to participate in the Plan by the grant of shares of Class A
Common Stock of the Corporation, par value $.01 per share ("Common Stock"), the transferability of which was subject to restriction
for a period of time as set forth in the "Restricted Stock Agreement Issued Pursuant to 1997 Incentive Plan" made effective as of
November 20, 2002 (the "2002 Restricted Stock Agreement").
4. The Committee and the Employee desire to rescind the prior grant of shares of Common Stock pursuant to the 2002
Restricted Stock Agreement and in exchange for the Employee's agreement to such rescission, the Committee shall grant to the
Employee a number of Restricted Stock Units representing a fictional interest in a number of shares of Common Stock equal to the
number of shares of Common Stock issued to the Employee pursuant to the 2002 Restricted Stock Agreement, which Units shall be
subject to the vesting, distribution and other provisions specified herein.
Agreement:
For and in consideration of the mutual covenants hereinafter set forth and for other good and valuable consideration, it is agreed
as follows:
1. Rescission of 2002 Restricted Stock Agreement and Cancellation of Shares of Common Stock. Effective as of the date
hereof, the 2002 Restricted Stock Agreement is hereby rescinded and shall be of no further force or effect, and all shares of Common
Stock issued to the Employee pursuant thereto shall be cancelled. The Corporation shall give notice to its registrar and