{"id":39459,"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-polo-ralph-lauren-corp-and-f-lance-isham.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"employment-agreement-polo-ralph-lauren-corp-and-f-lance-isham","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/compensation\/employment-agreement-polo-ralph-lauren-corp-and-f-lance-isham.html","title":{"rendered":"Employment Agreement &#8211; Polo Ralph Lauren Corp. And F. Lance Isham"},"content":{"rendered":"<pre>                               AMENDMENT NO. 1 TO\n                              AMENDED AND RESTATED\n                              EMPLOYMENT AGREEMENT\n                              --------------------\n\n\n         AMENDMENT dated as of December 21, 2000, by and between Polo Ralph\nLauren Corporation, a Delaware corporation (the \"Corporation\"), and F. Lance\nIsham (the \"Executive\").\n\n         WHEREAS, the Corporation and the Executive are parties to an employment\nagreement effective as of November 10, 1998, (the \"Employment Agreement\"); and\n\n         WHEREAS, the Corporation and the Executive wish to amend the Employment\nAgreement effective as of the date hereof in order to provide for the\nmodification of a certain provision of the agreement relating to the vesting of\nthe Executive's restricted stock;\n\n         NOW, THEREFORE, intending to be bound the parties hereby agree as\nfollows with effect from the date first above written.\n\n         1.       Subsection 4(e) of the Employment Agreement is hereby amended\nby replacing the second sentence of such subsection with the following:\n\n                           \"The restricted shares will vest with respect to one\n                  quarter (1\/4) of the aggregate number of restricted shares so\n                  granted on each of the second, third, fourth and fifth\n                  anniversaries of the date of this Agreement subject to the\n                  Executive's continued employment through each vesting date.\"\n\n         2.       The Employment Agreement remains in full force and effect and\nunmodified except as herein provided.\n\n         3.       This Agreement may be executed in one or more counterparts,\neach of which shall be deemed to be an original but all of which together will\nconstitute one and the same instrument.\n\n\n\n\n         IN WITNESS WHEREOF, each of the undersigned has executed this Agreement\nas of the date first written above\n\n\n                              POLO RALPH LAUREN CORPORATION\n\n\n                              By:  \/s\/  Roger Farah\n                                   --------------------------------------------\n\n\n\n\n\n                                   \/s\/  F. Lance Isham\n                              -------------------------------------------------\n                              Executive:  F. Lance Isham\n\n\n                                                                               2\n\n<\/pre>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[8547],"corporate_contracts_industries":[9396],"corporate_contracts_types":[9539,9544],"class_list":["post-39459","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-polo-ralph-lauren-corp","corporate_contracts_industries-consumer__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\/39459","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=39459"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=39459"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=39459"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=39459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}