Kate Spade & Co (KATE) 10-K2014 FY Annual report

Filed: 3 Mar 15, 12:00am

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New words: absorb, absorbing, affirmative, afforded, Armour, arose, athletica, Australia, bankruptcy, Bradley, brought, Brown, catastrophic, CFC, choice, cold, Delta, destination, Di, Doctor, drew, empowered, empowerment, footnote, Fossil, fundamental, Galil, Helmut, Higley, HMT, HR, immaterial, inactive, insolvent, Joyce, kind, landlord, Lang, Latin, LCJG, LGP, Link, Linko, loungewear, LTIP, lululemon, luxury, mandatory, Manhattan, Masoro, maximizing, MidCap, multichannel, multiplier, Nardo, PA, pari, passu, payee, payor, promised, reacquisition, reimagine, reintroduced, rendered, reopen, repricing, robust, Rwanda, SD, sleepwear, spent, stagnating, stagnation, standalone, succeed, teaching, Theory, threshold, tradename, unconsolidated, undergo, unrest, Vera, Vince, Walton, war, weather, wholly

Removed: abuse, accountability, achieving, activewear, adding, adherence, ahead, alleging, Alliance, allocable, antidumping, Arden, Arthur, aspirin, assistance, Banc, bluestar, Booth, bound, Broadway, campaign, cap, carried, carryback, ceased, chosen, civil, Clean, Clear, collaborative, commence, complaint, consummate, coordination, court, created, cultural, Dealer, declared, dedesignated, dedesignation, denied, designating, desired, Diane, discontinuation, dispute, District, divestiture, DKI, Donna, downturn, dramatic, driven, Electric, ELISABETH, Elizabeth, employer, essential, exclude, executed, exert, exporter, Federation, fee, Fenner, FLA, FNP, focal, functional, Furstenberg, girl, hearing, Hemisphere, Humphrey, inclusive, incurrence, indenture, injunction, injunctive, instrument, issue, jac, jeanswear, Johnson, jointly, Joseph, Karan, KENSIE, Kohl, LC, leaving, liquidated, living, LIZGOLF, LIZSPORT, Los, Love, Lynch, mac, Martinez, mature, McNeil, Merrill, modest, motion, Motrin, NewCo, nonconvertible, occasionally, outsourcing, pediatric, Pennington, Pennsylvania, persisted, Pierce, Pledge, poverty, preliminary, prescription, professional, reacquire, reclassify, refund, reinvest, relief, remained, remediation, repaid, repayment, repositioned, representing, repurchased, resource, restored, restraining, Robinson, Roundtable, Rubino, run, School, Selective, shelf, signature, Smith, socially, society, South, Southern, sportswear, spring, St, steering, streamlined, tenure, transact, transitioned, Trucking, trustee, Tylenol, underfunding, unemployment, University, unstable, violence, voluntarily, von, Wachovia, Western, withdrawing

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EXHIBIT 10(a)

DESCRIPTION OF KATE SPADE & COMPANY
2014 EMPLOYEE INCENTIVE PLAN (CASH)

For the 2014 fiscal year, Kate Spade & Company maintained a bonus plan for full time salaried employees under which bonuses were earned based upon either Adjusted operating income of the segment or total Company, as measured against pre-established targets, and, as applicable, departmental performance considerations and the achievement of individual goals, subject to certain terms and conditions. In addition, for the 2014 fiscal year, Kate Spade & Company maintained a bonus plan for certain executives under which bonuses were earned based on total Company Adjusted operating income (75% of target bonus) and total Company free cash flow (25% of target bonus), also as measured against pre-established targets, and, as applicable, departmental performance considerations and the achievement of individual goals, subject to certain terms and conditions. A similar bonus plan is anticipated for 2015, with financial targets measured based on similar metrics.

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EXHIBIT 10(a)

DESCRIPTION OF KATE SPADE & COMPANY 2014 EMPLOYEE INCENTIVE PLAN (CASH)