Skip to main content
Find a Lawyer

Employment Agreement - Polo Ralph Lauren Corp. And John D. Idol


                                                                November 1, 1995

Mr. John D. Idol
225 Elderfields Road
Manhasset, New York  11030

Dear John:

            In conjunction with your promotion to the position of Group
President and COO with responsibility for Polo domestic licensing, Ralph Lauren
Home Collection and The Ralph Lauren Catalog Company, Inc., I am pleased to
confirm that effective September 11, 1995 the annual rate of your base salary
was increased by $100,000 (to $540,000). The calculation of your incentive bonus
remains unchanged.


/s/ Michael J. Newman

Michael J. Newman
Vice Chairman


   /s/ John D. Idol
John D. Idol
Was this helpful?

Copied to clipboard