Attached files
file | filename |
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EX-31.2 - EX-31.2 - VINCE HOLDING CORP. | vnce-ex312_7.htm |
EX-32.2 - EX-32.2 - VINCE HOLDING CORP. | vnce-ex322_6.htm |
EX-32.1 - EX-32.1 - VINCE HOLDING CORP. | vnce-ex321_8.htm |
EX-31.1 - EX-31.1 - VINCE HOLDING CORP. | vnce-ex311_10.htm |
EX-10.3 - EX-10.3 - VINCE HOLDING CORP. | vnce-ex103_168.htm |
EX-10.1 - EX-10.1 - VINCE HOLDING CORP. | vnce-ex101_175.htm |
EX-10.4 - EX-10.4 - VINCE HOLDING CORP. | vnce-ex104_176.htm |
EX-10.5 - EX-10.5 - VINCE HOLDING CORP. | vnce-ex105_173.htm |
EX-10.7 - EX-10.7 - VINCE HOLDING CORP. | vnce-ex107_174.htm |
EX-10.6 - EX-10.6 - VINCE HOLDING CORP. | vnce-ex106_263.htm |
10-Q - 10-Q - VINCE HOLDING CORP. | vnce-10q_20151031.htm |
Exhibit 10.2
September 1, 2015
Mark E. Brody
Interim Chief Financial Officer and Treasurer
500 Fifth Avenue
New York, NY 10110
Re:Interim Chief Executive Officer Offer Letter
Dear Mark:
On behalf of Vince Holding Corp. (the “Company”), we are pleased to offer you this letter agreement (this “Agreement”), which sets forth all of the terms and conditions of your employment as Interim Chief Executive Officer of the Company.
1. |
Term of Employment. Your employment with the Company under this Agreement will commence on September 1, 2015. Your employment with the Company will be “at-will,” and will be terminable by you or the Company at any time and for any reason (or no reason). |
2. |
Title and Reporting. During the term of your employment with the Company under this Agreement, you will serve as the Interim Chief Executive Officer of the Company and you will report directly to the Company’s Board of Directors. During your term of employment with the Company, you will also serve as the Chief Executive Officer of Vince Intermediate Holding LLC and Vince LLC, for which you will receive no additional compensation. |
3. |
Duties and Responsibilities. You will have the duties and responsibilities that are normally associated with the position described above and such additional executive responsibilities as may be reasonably prescribed by the Board of Directors of the Company from time to time that are not materially inconsistent with your position. During your period of employment, you will devote substantially all of your business time, energy and efforts to your obligations hereunder and to the affairs of the Company; provided that the foregoing shall not prevent you from (i) participating in charitable, civic, educational, professional, community or industry affairs, and (ii) managing your passive personal investments, in each case, so long as such activities, individually or in the aggregate, do not materially interfere with your duties hereunder or create a potential business conflict. |
4. |
Base Salary. During your employment with the Company, you will receive a monthly base salary at a rate of $62,804.17 per month (prorated for any partial month), payable in accordance with the Company’s regular payroll policies. Your base salary will be subject to review by the Board of Directors of the Company from time to time, provided that your base salary may never be decreased from the base salary then in effect without your prior consent. |
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8. |
Withholding Taxes. The Company may withhold from any and all amounts payable to you hereunder such federal, state and local taxes as may be required to be withheld pursuant to any applicable law or regulation. |
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to the subject matter hereof, whether written or oral. This Agreement may be amended or modified only by a written instrument executed by you and the Company. |
* * * * * * * *
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On behalf of the Company, we are pleased to offer you this role and the compensation package set forth in this Agreement. We look forward to you joining our team.
Very truly yours,
VINCE HOLDING CORP.
By:/s/ Marc Leder
Name:Marc Leder
Title: Chairman of the Board of Directors
Accepted:
Dated: September 1, 2015/s/ Mark E. Brody
Mark E. Brody