{"id":38928,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/employment-agreement-anntaylor-stores-corp-and-barry-erdos.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"employment-agreement-anntaylor-stores-corp-and-barry-erdos","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/compensation\/employment-agreement-anntaylor-stores-corp-and-barry-erdos.html","title":{"rendered":"Employment Agreement &#8211; AnnTaylor Stores Corp. and Barry Erdos"},"content":{"rendered":"<pre>                    AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT\n\n\n\n      This  Amendment No. 2, dated as of November 25, 2001,  between  AnnTaylor\n\nStores   Corporation  (the  \"Company\")  and  Barry  Erdos  (the   \"Executive\"),\n\namending  the  Employment  Agreement  between the  Company  and the  Executive,\n\ndated as of March 8, 2001,  as amended by the Amendment  Agreement  dated as of\n\nJune 1, 2001 (as so amended, the \"Employment Agreement\").\n\n\n\n      For good and  valuable  consideration,  the  receipt and  sufficiency  of\n\nwhich are hereby  acknowledged  by the parties,  the Company and the  Executive\n\nagree as follows:\n\n\n\n1.    All  capitalized  terms  used  and not  defined  herein  shall  have  the\n\n      meanings ascribed to them in the Employment Agreement.\n\n\n\n2.    Section  6(e)(iv) of the  Employment  Agreement is hereby amended to read\n\n      in its entirety as follows:\n\n\n\n.     (iv) The  Executive  shall  continue to be provided with the same medical\n\n      and life insurance  coverage as existed  immediately  prior to the Notice\n\n      of  Termination  or  Notice  of  Non-Renewal,  as the case  may be,  such\n\n      coverage to  continue  throughout  the period  with  respect to which the\n\n      Executive is entitled to receive  Severance  Payments  (or, if clause (B)\n\n      of  Section  6(e)(ii)  applies,  for a period of two and  one-half  (2.5)\n\n      years  following  the  Date  of  Termination);  provided,  however,  that\n                                                      --------   -------\n      benefits  otherwise  receivable by the Executive pursuant to this Section\n\n      6(e)(iv)  shall be reduced to the extent  that  benefits of the same type\n\n      are received by or made  available to the Executive  during the Severance\n\n      Period  (and any  such  benefits  received  by or made  available  to the\n\n      Executive shall be reported to the Company by the Executive).\n\n\n\n3.    Except  as  expressly  provided  in this  Amendment  No. 2, the terms and\n\n      conditions of the Agreement shall remain in full force and effect.\n\n\n\n      IN WITNESS  WHEREOF,  the parties have executed this  Amendment as of the\n\ndate first written above.\n\n\n\n\n                               ANNTAYLOR STORES CORPORATION\n\n\n\n                               By: \/s\/J. Patrick Spainhour\n                                   --------------------------\n\n\n\n                                    \/s\/Barry Erdos\n                                    -------------------------\n                                       Barry Erdos\n\n\n<\/pre>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[6710],"corporate_contracts_industries":[9494],"corporate_contracts_types":[9539,9544],"class_list":["post-38928","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-anntaylor-stores-corp","corporate_contracts_industries-retail__clothing","corporate_contracts_types-compensation","corporate_contracts_types-compensation__employment"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/38928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=38928"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=38928"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=38928"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=38928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}