MR.
ROSENGARD to consult his attorney before signing this Agreement.
THE PARTIES HAVE READ, UNDERSTOOD AND FULLY CONSIDERED THE SEVERANCE AGREEMENT
AND GENERAL RELEASE AND ARE MUTUALLY DESIROUS OF ENTERING INTO SUCH SEVERANCE
AGREEMENT AND GENERAL RELEASE. HAVING ELECTED TO EXECUTE THIS SEVERANCE
AGREEMENT AND GENERAL RELEASE, TO FULFILL THE PROMISES SET FORTH HEREIN, AND TO
RECEIVE THEREBY THE BENEFITS SET FORTH IN PARAGRAPH 2 ABOVE, MR. ROSENGARD
FREELY AND KNOWINGLY, AND AFTER DUE CONSIDERATION, ENTERS INTO THIS SEVERANCE
AGREEMENT AND GENERAL RELEASE INTENDING TO WAIVE, SETTLE AND RELEASE ALL CLAIMS
HE HAS OR MIGHT HAVE AGAINST PERRY ELLIS.
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IN WITNESS WHEREOF, the parties have executed this Severance Agreement and
General Release as of the date set forth below.
PERRY ELLIS INTERNATIONAL, INC.
PAUL ROSENGARD By:
/s/ Anita Britt
By:
/s/ Paul Rosengard Date:
August 5, 2009
Date:
August 5, 2009
In the state of
New York
)
)
In the county of
New York
)
I HEREBY CERTIFY that on this day, before me, an officer duly authorized by law
in the state and county aforesaid to administer oaths, personally appeared PAUL
ROSENGARD, who is personally known to me.
SWORN TO AND SUBSCRIBED before me this 5 day of August, 2009.
/s/ Karolyn Richter
Notary Public No. 01R16180166
Karolyn Richter
Printed Name of Notary
My Commission Expires: January 7, 2012
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