{"id":41209,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/pledge-assignment-and-security-agreement-coach-inc-and-reed.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"pledge-assignment-and-security-agreement-coach-inc-and-reed","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/finance\/pledge-assignment-and-security-agreement-coach-inc-and-reed.html","title":{"rendered":"Pledge, Assignment and Security Agreement – Coach Inc. and Reed Krakoff"},"content":{"rendered":"
PLEDGE, ASSIGNMENT AND SECURITY AGREEMENT\n<\/font>\n\n<\/p>
         PLEDGE, ASSIGNMENT AND SECURITY AGREEMENT, dated as of July 26, 2001, made\nby Reed Krakoff, a natural person residing in the sate of New York (the\n\u0093Pledgor\u0094) to Coach, Inc., a Maryland corporation (the \u0093Pledgee\u0094). Capitalized\nterms used herein and not otherwise defined herein shall have the meaning\nascribed to such terms in the Loan Agreement (as defined below).\n<\/font>\n<\/p>
W I T N E S S E T H:\n<\/font>\n\n<\/p>
         WHEREAS, the Pledgor has entered into that certain Secured Loan Agreement\nwith the Pledgee, dated as of July 26, 2001 (as it may be amended, supplemented\nor modified from time to time, the \u0093Loan Agreement\u0094) evidencing a loan (the\n\u0093Loan\u0094) of $2,000,000 by the Pledgee to the Pledgor;\n<\/font>\n<\/p>
         WHEREAS, the Pledgor has been granted certain options to purchase shares\nof the Pledgee\u0092s common stock; and\n<\/font>\n<\/p>
         WHEREAS, It is a condition precedent to the effectiveness of the Loan\nAgreement that the Pledgor shall grant the security interest contemplated by\nthis Agreement.\n<\/font>\n<\/p>
         NOW, THEREFORE, in consideration of the premises and in order to induce\nthe Pledgee to make the loan contemplated by the Loan Agreement, the Pledgor\nhereby agrees with the Pledgee as follows:\n<\/font>\n<\/p>
         Section 1   Grant of Security. The Pledgor hereby assigns, transfers and\npledges to the Pledgee, and hereby grants to the Pledgee a security interest\nin, all of the Pledgor\u0092s right, title and interest in, to and under the\nfollowing, in each case, as to each type of property described below, whether\nnow owned or hereafter acquired, wherever located and whether now or hereafter\nexisting (the \u0093Collateral\u0094):\n<\/font>\n<\/p>
                  (a) That certain option granted to Pledgor by Pledgee described on\nSchedule I hereto (the \u0093Option\u0094) to purchase 150,000 shares of Coach, Inc.\ncommon stock, par value $0.01 per share (\u0093Common Stock\u0094), and all shares of\nCommon Stock acquired upon exercise of the Option (collectively, \u0093Security\nCollateral\u0094), and all dividends, cash, instruments and other property from time\nto time received upon the sale of, or receivable or otherwise distributed in\nrespect of or in exchange for, any or all of such Security Collateral;\n<\/font>\n\n<\/p>
                  (b) That certain Stock Option Agreement, to the extent that it evidences\nthe Option, in substantially the form set forth on Schedule II hereto (the\n\u0093Assigned Agreement\u0094), including without limitation all rights of the Pledgor\nunder or with respect to the Assigned Agreement (all such Collateral being the\n\u0093Agreement Collateral\u0094);\n<\/font>\n\n<\/p>
                  (c) All proceeds of any and all of the foregoing Collateral (including,\nwithout limitation, any property or cash) and, to the extent not otherwise\nincluded, all payments under insurance (whether or not the Pledgee is the loss\npayee\n<\/font>\n\n<\/p>
                  <\/font>\n<\/p>
1<\/font>\n<\/p>
<\/p>
\n\n\n\n<\/p>
thereof), or any indemnity, warranty or guaranty, payable by reason of\nloss or damage to or otherwise with respect to any of the foregoing Collateral;\nand\n<\/font>\n<\/p>
                  (d) Any other property or right constituting any part of the Pledged\nSecurity.\n<\/font>\n\n<\/p>
         Section 2   Security for Obligations. This Agreement secures the payment of\nall obligations of the Pledgor now or hereafter existing under the Loan\nDocuments (all such obligations of the Pledgor being the \u0093Obligations\u0094). \nWithout limiting the generality of the foregoing, this Agreement secures the\npayment of all amounts that constitute part of the Obligations and would be\nowed by the Pledgor to the Pledgee under any of the Loan Documents but for the\nfact that they are unenforceable or not allowable due to the existence of a\nbankruptcy, reorganization or similar proceeding involving the Pledgor.\n<\/font>\n<\/p>
         Section 3   Release of Security\n<\/font>\n<\/p>
                  (a) As of the date of the repayment of any Loan principal under the Loan\nAgreement, the security interest granted hereby shall terminate and all rights\nto the Collateral shall revert to the Pledgor with respect to that number of\nshares of Common Stock subject to the Option (or acquired upon exercise of the\nOption) equal to the product of (a) 150,000 and (b) the ratio of (i) the amount\nof Loan principal repaid as of such date to (ii) $2,000,000.\n<\/font>\n\n<\/p>
                  (b) As of the date of each repayment of Loan principal, the termination of\nthe security interest as described in Section 3(a) shall apply first with\nrespect to any shares of Common Stock purchased by Pledgor upon exercise of the\nOption prior to such repayment date (or any other property received with\nrespect to such shares) and then with respect to shares of Common Stock subject\nto the Option as of the date of such repayment.\n<\/font>\n\n<\/p>
         Section 4   Pledgor Remains Liable. Anything herein to the contrary\nnotwithstanding, (a) the Pledgor shall remain liable under the contracts and\nagreements included in the Collateral to the extent set forth therein to\nperform all of its duties and obligations thereunder to the same extent as if\nthis Agreement had not been executed, (b) the exercise by the Pledgee of any of\nthe rights hereunder shall not release the Pledgor from any of its duties or\nobligations under the contracts and agreements included in the Collateral, and\n(c) the Pledgee shall have no obligation or liability under the contracts and\nagreements included in the Collateral by reason of this Agreement, nor shall\nthe Pledgee be obligated to perform any of the obligations or duties of the\nPledgor thereunder or to take any action to collect or enforce any claim for\npayment assigned hereunder.\n<\/font>\n<\/p>
         Section 5   Delivery of Collateral. All certificates or instruments\nrepresenting or evidencing the Collateral shall be delivered to and shall be\nheld by or on behalf of the Pledgee pursuant hereto and shall be in suitable\nform for transfer by delivery, or shall be accompanied by duly executed\ninstruments of transfer or assignment in blank, all in form and substance\nsatisfactory to the Pledgee. The Pledgee shall have the right, at any\n<\/font>\n<\/p>
2<\/font>\n<\/p>
<\/p>
\n<\/p>
time in its discretion and without notice to the Pledgor, to transfer to\nor to register in the name of the Pledgee (as pledgee hereunder) or any of its\nnominees any or all of the Collateral. In addition, the Pledgee shall have the\nright at any time to exchange certificates or instruments representing or\nevidencing the Collateral for certificates or instruments of smaller or larger\ndenominations.\n<\/font>\n<\/p>
         Section 6   Representations and Warranties. The Pledgor represents and\nwarrants as follows:\n<\/font>\n<\/p>
                  (a) A fully executed original counterpart of the Assigned Agreement has\nbeen delivered to the Pledgee.\n<\/font>\n\n<\/p>
                  (b) The Pledgor is the legal and beneficial owner of the Collateral free\nand clear of any lien, security interest, option or other charge or\nencumbrance, except for the security interests created by this Agreement. No\neffective financing statement or other document similar in effect covering all\nor any part of the Collateral is on file in any recording office, except such\nas may have been filed in favor of the Pledgee relating to this Agreement.\n<\/font>\n\n<\/p>
                  (c) This Agreement has been duly executed and delivered by the Pledgor and\nis a valid and binding obligation of the Pledgor, enforceable against the\nPledgor in accordance with its terms.\n<\/font>\n\n<\/p>
                  (d) The execution and delivery by the Pledgor of this Agreement and the\nperformance of its obligations thereunder are within the Pledgor\u0092s authority\nand capacity and do not contravene any law, regulation, order or contractual\nrestriction binding on or affecting the Pledgor.\n<\/font>\n\n<\/p>
                  (e) The Pledge and grant of the Collateral pursuant to this Pledge\nAgreement creates a valid and perfected first priority security interest in the\nCollateral in favor of the Pledgee, securing the payment of all of the\nObligations.\n<\/font>\n\n<\/p>
         Section 7   Further Assurances\n<\/font>\n<\/p>
                  (a) The Pledgor agrees that from time to time the Pledgor will promptly\nexecute and deliver all further instruments and documents, and take all further\naction, that may be necessary or desirable, or that the Pledgee may reasonably\nrequest, in order to perfect and protect any pledge, assignment or security\ninterest granted or purported to be granted hereby or to enable the Pledgee to\nexercise and enforce its rights and remedies hereunder with respect to any\nCollateral. Without limiting the generality of the foregoing, the Pledgor\nwill: (i) deliver and pledge to the Pledgee promptly upon receipt thereof all\ninstruments or certificates representing or evidencing any of the Collateral\nduly endorsed and accompanied by duly executed instruments of transfer or\nassignment, all in form and substance satisfactory to the Pledgee; and (ii)\nexecute and file such financing or continuation statements, or amendments\nthereto, and such other instruments or notices, as may be\n<\/font>\n\n<\/p>
                  
3<\/font>\n<\/p>
<\/p>
\n\n<\/p><\/font>\n\n<\/p>
necessary or desirable, or as the Pledgee may request, in order to perfect\nand preserve the pledge, assignment and security interest granted or purported\nto be granted hereby.\n<\/font>\n<\/p>
                  (b) The Pledgor hereby authorizes the Pledgee to file one or more\nfinancing or continuation statements, and amendments thereto, relating to all\nor any part of the Collateral without the signature of the Pledgor where\npermitted by law. A photocopy or other reproduction of this Agreement or any\nfinancing statement covering the Collateral or any part thereof shall be\nsufficient as a financing statement where permitted by law.\n<\/font>\n\n<\/p>
                  (c) The Pledgor will furnish to the Pledgee from time to time statements\nand schedules further identifying and describing the Collateral and such other\nreports in connection with the Collateral as the Pledgee may reasonably\nrequest, all in reasonable detail.\n<\/font>\n\n<\/p>
                  (d) The Pledgor agrees to defend the title of the Collateral and the lien\nthereon of the Pledgee against the claim of any other person and to maintain\nand preserve such lien until payment in full of all of the Obligations.\n<\/font>\n\n<\/p>
         Section 8   Assigned Agreement. The Pledgor shall at its expense (a)\nperform and observe all the terms and provisions, in all material respects, of\nthe Assigned Agreement to be performed or observed by it, enforce the Assigned\nAgreement in accordance with their respective terms, and take all such action\nto such end as may be from time to time reasonably requested by the Pledgee,\n(b) furnish to the Pledgee such information and reports regarding the\nCollateral as the Pledgee may reasonably request and (c) upon request of the\nPledgee make to any other party to the Assigned Agreement such demands and\nrequests for information and reports or for action as the Pledgor is entitled\nto make thereunder.\n<\/font>\n<\/p>
         Section 9   Voting Rights; Dividends\n<\/font>\n<\/p>
                  (a) So long as no Event of Default shall have occurred and be continuing:\n<\/font>\n\n<\/p>
                           (i) The Pledgor shall be entitled to exercise any and all voting and other\nconsensual rights pertaining to the Security Collateral of the Pledgor or any\npart thereof for any purpose not inconsistent with the terms of this Agreement\nor the other Loan Documents; provided, however, that the Pledgor shall not\nexercise or shall refrain from exercising any such right if, in the Pledgee\u0092s\njudgment, such action could have a material adverse effect on the Security\nCollateral or any part thereof; provided further, that the Pledgor shall give\nthe Pledgee at least five business days\u0092 written notice of the manner in which\nhe intends to exercise, or his reasons for refraining from exercising, any such\nright.\n<\/font>\n\n<\/p>
                           (ii) Any and all (A) dividends and interest paid or payable including cash\nin respect of, and instruments and other property received, receivable or\notherwise distributed in respect of, or in exchange for, any Security\nCollateral, (B) dividends and other distributions paid or payable in cash in\nrespect of any Security Collateral in\n<\/font>\n\n<\/p>
                           
4<\/font>\n<\/p>
<\/p>
\n\n<\/p><\/font>\n\n<\/p>
connection with a partial or total liquidation or dissolution or in\nconnection with a reduction of capital, capital surplus or paid-in-surplus, (C)\ncash paid, payable or otherwise distributed in respect of principal of or in\nexchange for, any Security Collateral, and (D) cash dividends paid or payable\nin violation of the terms of the Loan Documents, shall be, and shall be\nforthwith delivered to the Pledgee to hold as, Security Collateral and shall,\nif received by the Pledgor, be received in trust for the benefit of the\nPledgee, be segregated from the other property or funds of the Pledgor and be\nforthwith delivered to the Pledgee as Security Collateral in the same form as\nso received (with any necessary endorsement).\n<\/font>\n<\/p>
                           (iii) The Pledgee shall (A) execute and deliver (or cause to be executed\nand delivered) to the Pledgor all such proxies and other instruments as the\nPledgor may reasonably request for the purpose of enabling the Pledgor to\nexercise the voting and other rights that it is entitled to exercise pursuant\nto paragraph (i) above and (B) release to the Pledgor amounts of the Collateral\nas the Pledgor may reasonably request, but solely to the extent necessary to\npermit the Pledgor to exercise the rights set forth in the Assigned Agreement;\nprovided that such exercise shall comply with the terms and provisions of such\nagreements and provided further that upon the exercise by the Pledgor of any\nsuch rights, all proceeds resulting from such exercise shall be, and shall be\nforthwith delivered to the Pledgee to hold as, Collateral and shall, if\nreceived by the Pledgor, be received in trust for the benefit of the Pledgee,\nbe segregated from the other property or funds of the Pledgor and be forthwith\ndelivered to the Pledgee as Collateral in the same form as so received (with\nany necessary endorsement).\n<\/font>\n\n<\/p>
                           (iv) Upon the receipt by the Pledgee of adequate supporting documents, the\nPledgee shall release to the Pledgor amounts of the Collateral as the Pledgor\nmay reasonably request, but solely to the extent necessary to pay all taxes due\nand payable by the Pledgor upon the exercise of any options under the\nrespective Assigned Agreement, and any gain recognized upon the sale or\nexchange of any collateral, or on any dividends or distributions previously\nreceived by the Pledgor and pledged to the Pledgee pursuant to paragraph (ii)\nabove.\n<\/font>\n\n<\/p>
                  (b) Upon the occurrence and during the continuance of any Event of Default\nall rights of the Pledgor to exercise or refrain from exercising the consensual\nrights that it would otherwise be entitled to exercise pursuant to Section\n9(a)(i) shall cease, and all such rights shall thereupon become vested in the\nPledgee, which shall thereupon have the sole right to exercise or refrain from\nexercising such consensual rights.\n<\/font>\n\n<\/p>
         Section 10   Transfers and Other Liens. The Pledgor shall not (a) sell,\nassign (by operation of law or otherwise) or otherwise dispose of, or grant any\noption with respect to, any of the Collateral or (b) create or permit to exist\nany lien, security interest, option or other charge or encumbrance upon or with\nrespect to any of the Collateral, except for the security interest under this\nAgreement.\n<\/font>\n<\/p>
         Section 11   Pledgee Appointed Attorney-in-Fact. The Pledgor hereby\nirrevocably appoints the Pledgee the Pledgor\u0092s attorney-in-fact, with full\nauthority in the place and stead of the Pledgor and in the name of the Pledgor\nor otherwise, from time to\n<\/font>\n<\/p>
5<\/font>\n<\/p>
<\/p>
\n\n\n<\/p>
 time in the Pledgee\u0092s discretion, to take any action and to execute any\ninstrument that the Pledgee may deem necessary or advisable to accomplish the\npurposes of this Agreement, including, without limitation:\n<\/font>\n<\/p>
                  (a) To ask for, demand, collect, sue for, recover, compromise, receive and\ngive acquittance and receipts for moneys due and to become due under or in\nrespect of any of the Collateral,\n<\/font>\n\n<\/p>
                  (b) To receive, endorse and collect any drafts or other instruments,\ndocuments and chattel paper in connection with clause (a) above, and\n<\/font>\n\n<\/p>
                  (c) To file any claims or take any action or institute any proceedings\nthat the Pledgee may deem necessary or desirable for the collection of any of\nthe Collateral or otherwise to enforce the rights of the Pledgee with respect\nto any of the Collateral.\n<\/font>\n\n<\/p>
         Section 12   Pledgee May Perform. If the Pledgor fails to perform any\nagreement contained herein, the Pledgee may itself perform, or cause\nperformance of, such agreement, and the expenses of the Pledgee incurred in\nconnection therewith shall be payable by the Pledgor.\n<\/font>\n<\/p>
         Section 13   Pledgee\u0092s Duties. The powers conferred on the Pledgee\nhereunder are solely to protect its interest in the Collateral and shall not\nimpose any duty upon it to exercise any such powers. Except for the safe\ncustody of any Collateral in its possession and the accounting for moneys\nactually received by it hereunder, the Pledgee shall have no duty as to any\nCollateral, as to ascertaining or taking action with respect to calls,\nconversions, exchanges, maturities, tenders or other matters relative to any\nCollateral, whether or not the Pledgee has or is deemed to have knowledge of\nsuch matters, or as to the taking of any necessary steps to preserve rights\nagainst prior parties or any other rights pertaining to any Collateral. The\nPledgee shall be deemed to have exercised reasonable care in the custody and\npreservation of any Collateral in its possession if such Collateral is accorded\ntreatment substantially equal to that which the Pledgee accords its own\nproperty.\n<\/font>\n<\/p>
         Section 14   Remedies. If any Event of Default shall have occurred and be\ncontinuing:\n<\/font>\n<\/p>
                  (a) The Pledgee may exercise in respect of the Collateral, in addition to\nother rights and remedies provided for herein or otherwise available to it, all\nthe rights and remedies of a secured party on default under the Uniform\nCommercial Code in effect in the State of New York at that time (the \u0093UCC\u0094)\n(whether or not the UCC applies to the affected Collateral), and also may (i)\nrequire the Pledgor to, and the Pledgor hereby agrees that it will at its\nexpense and upon request of the Pledgee forthwith, assemble all or part of the\nCollateral as directed by the Pledgee and make it available to the Pledgee at a\nplace to be designated by the Pledgee which is reasonably convenient to both\nparties and (ii) without notice except as specified below, sell or, to the\nextent permitted by applicable law, purchase the Collateral or any part thereof\nin one or more parcels at public or private sale, at\n<\/font>\n\n<\/p>
                  
6<\/font>\n<\/p>
<\/p>
\n\n<\/p><\/font>\n\n<\/p>
any of the Pledgee\u0092s offices or elsewhere, for cash, on credit or for\nfuture delivery, and upon such other terms as the Pledgee may deem commercially\nreasonable. The Pledgor agrees that, to the extent notice of sale shall be\nrequired by law, at least ten days\u0092 notice to the Pledgor of the time and place\nof any public sale or the time after which any private sale is to be made shall\nconstitute reasonable notification. The Pledgee shall not be obligated to make\nany sale of Collateral regardless of notice of sale having been given. The\nPledgee may adjourn any public or private sale from time to time by\nannouncement at the time and place fixed therefor, and such sale may, without\nfurther notice, be made at the time and place to which it was so adjourned. \nThe Pledgor hereby waives any claim against the Pledgee arising by reason of\nthe fact that the price at which any Collateral may have been sold at a private\nsale was less than the price that might have been obtained at a public sale,\neven if the Pledgee accepts the first offer received and does not offer such\nCollateral to more than one offeree.\n<\/font>\n<\/p>
                  (b) The Pledgor recognizes that, by reason of certain prohibitions\ncontained in the Securities Act of 1933, as amended (the \u0093Securities Act\u0094) and\napplicable state securities laws, the Pledgee may be compelled, with respect to\nthe sale of all or any part of the Collateral, to limit purchases to those who\nwill agree, among other things, to acquire such securities for their own\naccount, for investment, and not with a view to the distribution or resale\nthereof. The Pledgor acknowledges and agrees that any such sale may result in\nprices and other terms less favorable to the seller than if such a sale were a\npublic sale without such restrictions, and notwithstanding such circumstances,\nagrees that such sale shall be deemed to have been made in a commercially\nreasonable manner.\n<\/font>\n\n<\/p>
                  (c) Any cash held by the Pledgee as Collateral and all cash proceeds\nreceived by the Pledgee in respect of any sale of, collection from, or other\nrealization upon all or any part of the Collateral may, in the discretion of\nthe Pledgee, be held by the Pledgee as collateral for, and then or at any time\nthereafter be applied (after payment of any amounts payable to the Pledgee\npursuant to Section 15) in whole or in part by the Pledgee against, all or any\npart of the Obligations in such order as the Pledgee shall elect. Any surplus\nof such cash or cash proceeds held by the Pledgee and remaining after payment\nin full of all the Obligations shall be paid over to the Pledgor or to\nwhomsoever may be lawfully entitled to receive such surplus.\n<\/font>\n\n<\/p>
                  (d) The Pledgee may exercise any and all rights and remedies of the\nPledgor under or in connection with the Assigned Agreement or otherwise in\nrespect of the Collateral, including, without limitation, any and all rights of\nthe Pledgor to demand or otherwise require payment of any amount under, or\nperformance of any provision of, the Assigned Agreement.\n<\/font>\n\n<\/p>
                  (e) Subject to Section 9, all payments received by the Pledgor under or in\nconnection with the Assigned Agreement or otherwise in respect of the\nCollateral shall be received in trust for the benefit of the Pledgee, shall be\nsegregated from other funds of the Pledgor and shall be forthwith paid over to\nthe Pledgee in the same form as so received (with any necessary endorsement).\n<\/font>\n\n<\/p>
                  
7<\/font>\n<\/p>
<\/p>
\n\n<\/p><\/font>\n\n<\/p>
In exercising the remedies provided for herein, the Pledgee shall comply with\nall provisions of the Assigned Agreement and with applicable law, including\nwithout limitation the securities laws.\n<\/font>\n<\/p>
         Section 15   Amendments. No amendment or waiver of any provision of this\nAgreement, and no consent to any departure by the Pledgor herefrom, shall in\nany event be effective unless the same shall be in writing and signed by the\nPledgee.\n<\/font>\n<\/p>
         Section 16   Continuing Security Interest. This Agreement shall create a\ncontinuing security interest in the Collateral and shall (a) remain in full\nforce and effect until the payment in full of the Obligations and all other\namounts payable under the Loan Documents (b) be binding upon the Pledgor, its\nsuccessors and assigns and (c) inure to the benefit of, and be enforceable by,\nthe Pledgee and its successors, transferees and assigns.\n<\/font>\n<\/p>
* * * * * * *\n<\/font>\n\n<\/p>
         IN WITNESS WHEREOF, the Pledgor has duly executed and delivered this\nAgreement, and the Pledgee has caused this Agreement to be duly executed and\ndelivered by its officer thereunto duly authorized, as of the date first above\nwritten.\n<\/font>\n<\/p>
\n<\/p><\/pre>\n\n\n
 <\/font><\/td>\nPLEDGOR<\/p>\n
 <\/font><\/td>\n<\/tr>\n<\/table>\n\n\n
 <\/font><\/td>\n\/s\/ Reed Krakoff<\/p>\n
\nReed Krakoff<\/font><\/td>\n<\/tr>\n<\/table>\n\n\n
 <\/font><\/td>\nPLEDGEE<\/p>\n
 <\/font><\/td>\n<\/tr>\n<\/table>\n\n\n
 <\/font><\/td>\nBy: \/s\/ Keith Monda<\/p>\n
\nTitle: Chief Operating Officer<\/font><\/td>\n<\/tr>\n<\/table>\n
<\/p>\n
Schedule I<\/b>
\n<\/font><\/p>\n
Option
\n<\/font><\/p>\n
<\/p>\n
\n
<\/p>\n\n\n\n\n\n\n\n\n\n
 <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
 <\/font><\/td>\n <\/font><\/td>\n <\/font><\/td>\n <\/font><\/td>\n <\/font><\/td>\n <\/font><\/td>\nClass of<\/font><\/td>\n <\/font><\/td>\n <\/font><\/td>\n <\/font><\/td>\n <\/font><\/td>\n <\/font><\/td>\n <\/font><\/td>\n <\/font><\/td>\n <\/font><\/td>\n<\/tr>\n
Pledgor<\/font><\/td>\n <\/font><\/td>\nIssuer<\/font><\/td>\n <\/font><\/td>\nStock<\/font><\/td>\n <\/font><\/td>\nNumber of Shares<\/font><\/td>\n <\/font><\/td>\nExercise Price<\/font><\/td>\n<\/tr>\n
\n
<\/td>\n<\/tr>\n
\n
Reed Krakoff<\/font><\/div>\n<\/td>\n
 <\/font><\/td>\nCoach, Inc<\/font><\/td>\n <\/font><\/td>\nCommon<\/font><\/td>\n <\/font><\/td>\n <\/font><\/td>\n150,000<\/font><\/td>\n <\/font><\/td>\n <\/font><\/td>\n$<\/font><\/td>\n16.00<\/font><\/td>\n <\/font><\/td>\n<\/tr>\n
\n
\n
<\/div>\n<\/td>\n<\/tr>\n
 <\/td>\n<\/tr>\n
\n
<\/td>\n<\/tr>\n<\/table>\n
<\/center><\/p>\n
8<\/font><\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[7133],"corporate_contracts_industries":[9401],"corporate_contracts_types":[9560,9570],"class_list":["post-41209","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-coach-inc","corporate_contracts_industries-consumer__leather","corporate_contracts_types-finance","corporate_contracts_types-finance__security"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/41209","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=41209"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=41209"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=41209"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=41209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}