EX-10.1
from 8-K
101 pages
Restoration Hardware, Inc. the Michaels Furniture Company, Inc. Eighth Amended and Restated Loan and Security Agreement Dated: June 19, 2006 $150,000,000 the Cit Group/Business Credit, Inc. as Co-Administrative Agent Wells Fargo Retail Finance, LLC as Documentation Agent Bank of America, N.A. Individually and as Agent for Any Lender Which Is or Becomes a Party Hereto
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EX-10.3
from 10-Q
10 pages
Title Chief Financial Officer Reporting to the Chief Executive Officer. Salary $350,000 Per Year, Paid Bi-Weekly. Salary to Increase to $375,000 Per Year, Effective June 2004, Then $400,000 Per Year, Effective June 2005. Bonus You Will Be Guaranteed a Minimum Bonus of $50,000 for Fiscal 2003, and $125,000 for Fiscal 2004. the Bonus Will Be Payable When the Company Distributes Its Annual Incentive Bonuses. Management Incentive Program You Will Be Eligible to Participate in the Management Incentive Program. Your Eligibility Range Will Be Up to 50% of Your Base Pay. Your Guaranteed Bonus Amounts for Fiscal 2003 and Fiscal 2004 Referred to Above Will Be Credited Against Your Actual Bonus for Such Years. Stock Option Grant 250,000 Stock Options at the Fair Market Value of Our Common Stock on the Grant Date Thereof, to Have a Grant Date Concurrent With Your First Day of Employment With the Company. Stock Options Will Vest at 25% Per Year, Over a Four-Year Period, and Have a Ten-Year Term, With Other Terms Being in Accordance With the Company’s 1998 Stock Incentive Plan, as Amended and Restated October 9, 2002. Your Initial Option Grant Will Be an Incentive Stock Option to the Maximum Extent Permitted Under Section 422 of the Internal Revenue Code. in the Event Your Employment With the Company Is Terminated for Any Reason Other Than Death, Disability or for Cause, You Will Have Three Months Following Your Termination of Employment to Exercise the Vested Portion of Your Initial Option Grant. in the Event Your Employment With the Company Is Terminated for Cause, Your Initial Option Grant Will Terminate Concurrently With Your Termination of Employment. in the Event Your Employment With the Company Is Terminated Due to Your Death or Disability, You Will Have Twelve Months Following Your Termination of Employment to Exercise the Vested Portion of Your Initial Option Grant. in No Event May Your Initial Option Grant Be Exercised After the Expiration of Its Ten-Year Term
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