THE TERMS OF THIS AGREEMENT;
(C)
THE CONSIDERATION I WILL RECEIVE FOR SIGNING THIS AGREEMENT IS IN
ADDITION TO ANYTHING TO WHICH I AM OTHERWISE ENTITLED;
(D)
I HAVE READ THIS AGREEMENT AND I UNDERSTAND THIS AGREEMENT AND
FURTHER UNDERSTAND THAT IT INCLUDES A GENERAL RELEASE OF ANY AND ALL KNOWN AND
UNKNOWN CLAIMS WHICH I MAY HAVE AGAINST THE COMPANY AND ITS AGENTS THROUGH THE
EFFECTIVE DATE OF THE AGREEMENT, INCLUDING, BUT NOT LIMITED TO, CLAIMS FOR AGE
DISCRIMINATION UNDER THE ADEA;
(E)
NO STATEMENTS OR CONDUCT BY THE COMPANY OR ANY OTHER PARTY HAVE IN
ANY WAY COERCED OR UNDULY INFLUENCED ME TO EXECUTE THIS AGREEMENT; AND
(F)
I UNDERSTAND THAT THIS AGREEMENT IS LEGALLY BINDING AND BY SIGNING
IT GIVE UP CERTAIN RIGHTS, INCLUDING MY RIGHT TO PURSUE THE CLAIMS RELEASED IN
THIS AGREEMENT.
[Signature Page Follows]
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AGREED AND ACCEPTED
/s/ Martin Staff
Date:
October 24, 2011
MARTIN STAFF
______________________________________________
ADDRESS
______________________________________________
CITY, STATE, ZIP
(______________)_______________________________
PERSONAL, NON-COMPANY TELEPHONE NUMBER
AMERICAN APPAREL, INC.,
AMERICAN APPAREL (USA), LLC,
AMERICAN APPAREL RETAIL, INC.
and their subsidiaries and affiliates.
By:
/s/ Glenn A. Weinman
Date:
October 24, 2011
GLENN A. WEINMAN
SENIOR V.P., GENERAL COUNSEL & SECRETARY
9