Document:

Exhibit

Professional Services Agreement

Exhibit 10.52

This PROFESSIONAL SERVICES AGREEMENT (“Agreement”) is effective as of April 24, 2019 (the “Effective Date”) and is between Chico’s FAS, Inc. (“Company”), a Florida corporation, and Bonnie Brooks (“Contractor”).  

WHEREAS Company desires to retain Contractor to provide certain services to Company, and Contractor desires to provide such services to Company, all subject to the terms and conditions set forth herein.

NOW, THEREFORE, FOR AND IN CONSIDERATION of the premise, the mutual promises, covenants and agreements contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

		
	1.
	Services.  Subject to the terms and conditions set forth in this Agreement, Company hereby retains Contractor to provide to Company senior management and executive services as Interim President and CEO (the “Services”) and Contractor agrees to render the Services to Company.  Contractor may provide such services remotely or at a location of her choosing, provided she maintains appropriate communications capabilities. The parties agree that Contractor shall complete the Services according to Contractor’s own means and methods of work which shall be in the exclusive charge and control of Contractor and which shall not be subject to the control or supervision of Company, except as to the results of the work.  

		
	2.
	Obligations of Contractor.  In her performance of the Services hereunder, Contractor shall at all times comply with and abide by the terms and conditions set forth in this Agreement.  Contractor shall further perform the Services in accordance with all applicable laws, rules and regulations and by following and applying the highest professional guidelines and standards.

		
	3.
	Compensation.  

		
	(a)
	Fee and Restricted Shares of Stock. Subject to the terms and conditions set forth in this Agreement, and as full and complete compensation for the Services, Company shall pay to Contractor, and Contractor shall accept the fee described in the offer letter signed by the parties on April 24, 2019 (the “Fee”) and the restricted shares of Company stock granted to Contractor on April 24, 2019 (the “Restricted Shares”).  The Fee shall be payable monthly, prorated for partial months and payable for the term of this Agreement (but in no event for less than four months (through August 24, 2019) if the term of this Agreement ends before August 24, 2019, due to Company’s hiring of a new Chief Executive Officer).

		
	(b)
	Reimbursement of Business Expenses.  Contractor shall be entitled to direct payment by or reimbursement from Company for authorized, documented and reasonable travel expenses.  Company will also pay for or reimburse Contractor for her expenses for lodging in or near Company’s offices (unless Contractor chooses to stay in her own residence or with family).  To the extent practicable, airfare, lodging, rental car, and other major travel arrangements shall be made through Company’s Corporate Travel Department.  Travel expenses must be incurred and reimbursement requests made in compliance with Company’s Travel and Expense Processing Policy.  

Professional Services Agreement

		
	(c)
	Invoice and Payment.  Each month, Contractor shall submit an invoice to Company setting forth the Fee due Contractor pursuant to Section 3(a) and a detailed listing of all reimbursable expenses pursuant to Section 3(b).  Upon receipt of such invoice, Company shall pay all undisputed amounts to Contractor.

		
	(d)
	Taxes. Contractor hereby acknowledges and agrees that Contractor shall be solely responsible for all of Contractor’s withholding taxes, social security taxes, unemployment taxes, and workers’ compensation insurance premiums in connection with the Fee or the Restricted Shares.  Contractor hereby agrees to indemnify and hold harmless Company from any liability for, and any and all federal, state and local taxes or assessments of any kind arising out of or in connection with the Fee or the Restricted Shares.

		
	4.
	Independent Contractor. In the performance of this Agreement, both Contractor and Company will be acting in their own separate capacities and not as agents, employees, partners, or associates of one another.  It is expressly understood and agreed that Contractor is an independent contractor of Company in all manners and respects.  Contractor shall not be subject to Company’s personnel policies and procedures. Contractor also shall not be eligible to receive any bonus or employee benefits or participate in any employee benefit plan sponsored by Company for its employees, including, but not limited to, any retirement plan, insurance program, disability plan, medical benefits plan, severance plan or any other fringe benefit program sponsored and maintained by Company for its employees.  Notwithstanding anything herein to the contrary, Contractor shall remain eligible to participate in any benefit plans in conjunction with her service as a member of the Board of Directors.  Contractor shall retain the right to perform services for others during the term of this Agreement (including serving on boards of directors of other entities), so long as these services are not inconsistent or incompatible with Contractor’s obligations under this Agreement.

		
	5.
	Effect on Board Membership.  This Agreement shall not affect Contractor’s status as a member of the Board.  However, the parties acknowledge and agree that during the time period when Contractor is providing the Services, she will not be entitled to any additional compensation as a result of her service as a member of the Board.

		
	6.
	Term and Termination.  The term of this Agreement shall commence as of April 24, 2019 and it shall continue until Company hires a new Chief Executive Officer or until either party terminates this Agreement at any time by providing written notice to the other party. 

		
	7.
	Miscellaneous.

		
	(a)
	This Agreement contains the entire agreement and understanding concerning the subject matter hereof between the parties hereto, except for that certain offer letter that Company and Contractor executed on April 24, 2019.  No waiver, termination or discharge of this Agreement, or any of the terms or provisions hereof, shall be binding upon either party hereto unless confirmed in writing.  This Agreement may not be modified or amended, except by a writing executed by both parties hereto.  No waiver by either party hereto of any term or provision of this Agreement or of any default hereunder shall affect such party’s rights thereafter to enforce such term or provision or to exercise any right or remedy in the event of any other default, whether or not similar.

		
	(b)
	This agreement shall be governed by and construed in accordance with the laws of the State of Florida, United States of America.  In addition, the parties consent to personal jurisdiction 

Professional Services Agreement

and venue solely within the State of Florida and waive all otherwise possible objections thereto.  The parties agree that they will not file any action arising out of this agreement other than in a state or federal court located in Florida.  

		
	(c)
	Company may assign this Agreement to any successor or assign (whether direct or indirect, by purchase, merger, consolidation, or otherwise).  Contractor may not assign this Agreement, in whole or in part, without the prior written consent of Company, and any attempted assignment not in accordance herewith shall be null and void and of no force or effect.

		
	(d)
	This Agreement shall be binding on and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

		
	(e)
	This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original, but all of which together shall constitute the same Agreement.  Any signature page of any such counterpart, or any electronic facsimile thereof, may be attached or appended to any other counterpart to complete a fully executed counterpart of this Agreement, and any facsimile or emailed transmission of any signature shall be deemed an original and shall bind such party.

IN WITNESS WHEREOF, the parties hereto have executed, or caused their duly authorized representatives to execute, this Agreement as of the day and year first above written.

	
		
	Chico’s FAS, Inc.
	Bonnie Brooks

	/s/ Greg Baker

	/s/ B. Brooks

	Signature Above
	Signature Above

	Print Name & Title:   Gregory Baker
SVP – General Counsel 
	Print Name & Title:
Bonnie Brooks  Interim CEOExhibit

Consulting Services Agreement

Exhibit 10.53

THIS CONSULTING SERVICES AGREEMENT (“Agreement”), made effective as of the 7th day of June, 2019 (“Effective Date”), is between Chico’s FAS, Inc., on behalf of itself and its affiliates (“Company”), a Florida corporation, and “Consultant” (identified below).  The parties agree as follows:

1.  Services and Deliverables:  Consultant shall provide to Company the services (“Services”) described in Attachment A, attached hereto.     
2.  Compensation and Invoicing: Company shall compensate Consultant and Consultant shall submit invoices to Company as set forth in Attachment A. The fees hereunder are not related to and have no impact on fees paid to Consultant as compensation for service on the Company’s Board of Directors. Upon termination, Consultant shall submit promptly a final invoice for Services rendered and authorized, nonrefundable expenses incurred through the date of termination.  
3.  Travel and Related Expenses:  Consultant shall be entitled to direct payment by or reimbursement from Company for authorized, documented and reasonable travel expenses.  
4.  Term and Termination:  The Term of this Agreement shall be as stated in Attachment A. Notwithstanding anything to the contrary set forth herein, either party may terminate this Agreement, without cause, immediately upon notice. Upon termination, Chico’s shall owe any amounts due for Services actually performed, but no further payment shall be due or owing for any dates after the effective date of termination. 
5.  Relationship of Parties:  It is understood that Consultant is an independent contractor with respect to Company, and that Consultant is not Company’s employee, agent or representative. Consultant shall have no authority to bind or commit Company in any respect. Company will provide no benefits customarily associated with an employment relationship and Consultant will be responsible for the payment of all sums customarily paid by or withheld on behalf of employees. Consultant waives any and all rights to make any claims to employment benefits against Company.  
6.  Confidentiality: Consultant shall hold Company’s (including its affiliates’) confidential information in strict confidence and shall not disclose or use Company’s confidential information except to perform its obligations hereunder or as authorized herein.  Confidential information means all information disclosed by Company to Consultant or obtained by Consultant which would be considered by a reasonable person to be confidential.  

7.  Ownership of Deliverables and Other Materials:  All deliverables prepared by Consultant in connection with the performance of the services under this Agreement shall be Company’s exclusive property and shall be considered “work made for hire” with all right, title and interest vesting in Company.  Company may use the deliverables, or any part(s) thereof, as it sees fit. If any deliverables are not deemed a “work made for hire” and are not considered Company’s exclusive property, then Consultant hereby fully and irrevocably grants, assigns and conveys to Company all right, title and interest worldwide in and to all deliverables provided by Consultant to Company hereunder.  

	
		
	Chico’s FAS, Inc.
	Kim Roy Consulting, LLC

	

/s/ Greg S. Baker

	

/s/ Kim Roy

	Signature Above
	Signature Above

	Print Name & Title:

	Print Name & Title:

    

	
		
	ATTACHMENT A

	Consultant

	Kim Roy Consulting, LLC

	Term
	The Term shall expire on July 31, 2019, unless otherwise agreed by the parties.

	Services
	Consultant shall leverage Consultant’s extensive experience in women’s apparel and merchandising to enhance the Company’s product and assortment and drive profitability and growth.

	Compensation Rate
	$5,000 per full day, not to exceed 24 days total. Consultant shall submit the first invoice on June 30, 2019 for all days worked through such date. Consultant shall submit the second and final invoice on July 31, 2019 for all days worked after June 30, 2019. 

	Send Invoices To
	Chico’s FAS, Inc.
11215 Metro Parkway
Fort Myers, FL 33966
Attention:  Legal Department

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