Saks Fifth Avenue 2010 Annual Report Download - page 109
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incurred; and (d) the right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit.
Notwithstanding anything to the contrary in this Agreement, payment of any amounts, including, but not limited to, salary and
bonuses, will be subject to, and payable in accordance with, any prior deferral elections made with respect to such amounts
under the Company’s Deferred Compensation Plan (as amended and restated effective January 1, 2009).”
[signature page follows]
4
7. Exce
p
t as ex
p
ressl
y
modified herein, all other terms of the Em
p
lo
y
ment A
g
reement shall remain in full force and effect.