The Gap 2010 Annual Report Download - page 22

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Item 3. Legal Proceedings.
As a multinational company, we are subject to various proceedings, lawsuits, disputes, and claims (“Actions”)
arising in the ordinary course of our business. Many of these Actions raise complex factual and legal issues and are
subject to uncertainties. Actions filed against us from time to time include commercial, intellectual property,
customer, employment, data privacy, and securities related claims, including class action lawsuits. The plaintiffs in
some Actions seek unspecified damages or injunctive relief, or both. Actions are in various procedural stages, and
some are covered in part by insurance.
We cannot predict with assurance the outcome of Actions brought against us. Accordingly, adverse developments,
settlements, or resolutions may occur and negatively impact income in the quarter of such development,
settlement, or resolution. However, we do not believe that the outcome of any current Action would have a
material adverse effect on our financial results.
Item 4. Removed and Reserved.
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