Exhibit 10.2

PHILLIPS-VAN HEUSEN CORPORATION

SCHEDULE OF NON-MANAGEMENT DIRECTORS’ FEES

EFFECTIVE JUNE 19, 2007

BOARD

Annual retainer

$40,000

 

Meeting fee

$2,000

If attended in person

Plus expenses

 

$1,000

If telephonic or director participates by phone

Equity Award – Restricted Stock Units

2,000 shares

 

Presiding director fee*

$15,000

 

*  This fee, which is in addition to all the foregoing and any applicable
amounts for Committee service, was approved on September 27, 2007 and is
retroactive to June 19, 2007.

AUDIT COMMITTEE

Fee to chair

$10,000

 

Meeting fee

$2,500

If attended in person

Plus expenses

 

$1,250

If telephonic or director participates by phone

COMPENSATION COMMITTEE

Fee to chair

$5,000

 

Meeting fee

$1,500

If attended in person

Plus expenses

 

$750

If telephonic or director participates by phone

NOMINATING & GOVERNANCE COMMITTEE

Fee to chair

$5,000

 

Meeting fee

$1,500

If attended in person

Plus expenses

 

$750

If telephonic or director participates by phone