Document:

Consent(Director)

EXHIBIT 10.01

GOLDEN SPIRIT ENTERPRISES LTD.

(the “Company”)

CONSENT TO ACT AS DIRECTOR

I hereby consent to act as a director of the Company and acknowledge that I am not disqualified to become or to act as a director under Section 141 of the Delaware General Corporation Law.

I hereby confirm that:

1

I am not under the age of 18 years;

2

I have not been found by a court, in the United States of America or elsewhere, to be incapable of managing my own affairs;

3

I am not an undischarged bankrupt; and

4

I have not been convicted in or out of Delaware of an offence in connection with the promotion, formation or management of a corporation or unincorporated business, or of an offence involving fraud.

In addition, the undersigned hereby consents to the holding of any meeting of the directors or of a committee of the directors of the Company by means of such telephonic, electronic or other communication facility, as permit all persons participating in the subject meetings to communicate adequately with each other.

This consent shall continue in effect from year to year so long as the undersigned is re-elected to the board of directors, provided that in the event that the undersigned revokes this consent or resigns from the board of directors, this consent shall cease to have effect from the date of receipt in writing by the Company of such revocation or resignation, as the case may be, or, if the latter, the effective date of such resignation.

DIRECTORS HAVE SUBSTANTIAL DUTIES AND OBLIGATIONS AND MAY BE SUBJECT TO SIGNIFICANT LIABILITIES. THE PERSON SIGNING THIS CONSENT SHOULD OBTAIN INDEPENDENT LEGAL ADVICE.

		
	Dated

	June 3, 2008

	Print name

	Marc Scheive

	Address

	7811 Eoul Louis-H

LaFontaine, Bureau 102

Anjou, Quebec, H1K 4E4

	Signature

	/s/: M. ScheiveEXHIBIT
10.28

 

NEIMAN
MARCUS, INC.

 

CASH
INCENTIVE PLAN

 

(As amended January 21, 2008)

 

Section 1.  Purpose.

 

The purpose of this Neiman Marcus, Inc. Cash
Incentive Plan (this “Plan”) is to
aid Neiman Marcus, Inc. and its affiliates (the “Company”) in providing a corporate benefit
to key professionals of The Neiman Marcus Group, Inc. and its affiliates
(the “Employer”) to align their
interests and motivations with the commercial goals of the Company.

 

Section 2.  Certain Definitions.

 

(a)                  “Bonus Pool”
shall mean $14 million, less the amount payable, if any, to Burton M. Tansky
pursuant to Section 5(c)(ii) of his Employment Agreement with the
Company.

 

(b)                 “Cash Bonus”
shall mean, with respect to a Participant, such Participant’s Pro Rata Portion
of the Bonus Pool.

 

(c)                  “Cause”
shall have the meaning set forth in the Management Stockholders’ Agreement.

 

(d)                 “Change of Control”
shall have the meaning set forth in the Management Stockholders’ Agreement.

 

(e)                  “Committee”
means the Board of Directors of the Company or any committee the Board of
Directors may designate from among its members to administer this Plan.

 

(f)                    “Common Stock”
means the common stock of the Company, par value US $0.01 per share.

 

(g)                 “Eligible Employee” means each individual other than Burton
M. Tansky who has been granted an Option.

 

(h)                 “Employer”
has the meaning set forth in the preamble to this Plan.

 

(i)                     “Incentive Plan”
means the Company’s Management Equity Incentive Plan.

 

(j)                     “Initial Public
Offering” shall have the meaning set forth in the Incentive Plan.

 

(k)                  “Majority
Stockholder” shall have the meaning set forth in the Management
Stockholders’ Agreement.

 

(l)                     “Management
Stockholders’ Agreement” shall mean the Management Stockholders’
Agreement, dated as of October 6, 2005, by and among the Company, the
Majority Stockholder, and the Management Stockholders (as defined therein).

 

 

1

 

(m)               “Option”
shall mean any option to purchase Common Stock granted on November 29,
2005 under the  Incentive Plan, and each
additional option granted under the Incentive Plan  thereafter if and to the extent determined by
the Committee in its discretion after consultation with the Chief Executive
Officer of the Company.

 

(n)                 “Participant”
shall mean each Eligible Employee who is either employed as of the Payment
Event or was terminated without Cause within the six-month period immediately
preceding the Payment Event.

 

(o)                 “Participant
Holdings” shall mean the sum of (A) the aggregate number of
Shares held by all Participants (or their Permitted Transferees) employed by
the Employer as of the Payment Event as a result of the previous exercise of
Options, (B) the aggregate number of Shares underlying outstanding vested
and unvested Options held by all Participants (or their Permitted Transferees)
employed by the Employer as of the Payment Date, (C) the aggregate number
of Shares held on the date of termination by all Participants (or their
Permitted Transferees) whose employment was terminated without Cause within the
six-month period immediately preceding the Payment Event as a result of the
previous exercise of Options and (D) the aggregate number of Shares
underlying vested Options held on the date of termination by all Participants
(or their Permitted Transferees) whose employment was terminated without Cause
within the six-month period immediately preceding the Payment Event.

 

(p)                 “Payment Event”
shall mean the earlier to occur of a Change of Control or an Initial Public
Offering, subject to the provisions of Section 4.

 

(q)                 “Permitted
Transferee” shall mean the meaning set forth in the Incentive Plan.

 

(r)                    “Pro Rata Portion”
shall mean, as of the Payment Event:

 

(i)             In the case of a Participant employed with the
Employer on the Payment Event, the portion of the Bonus Pool that bears the
same ratio as the sum of the Shares underlying outstanding vested and unvested
Options held by such Participant (or his Permitted Transferees) plus any Shares
held by such Participant (or his Permitted Transferees) as a result of the
previous exercise of Options bears to the Participant Holdings; and

 

(ii)          In the case of a Participant whose employment was
terminated without Cause within the six-month period immediately preceding the
Payment Event, the portion of the Bonus Pool that bears the same ratio as the
sum of the Shares underlying the vested Options held by such Participant (or
his Permitted Transferees) on the date of termination plus any Shares held by
the Participant (or his Permitted Transferees) on the date of termination as a
result of the previous exercise of Options bears to the Participant Holdings.

 

(s)                  “Shares”
shall mean shares of Common Stock.

 

Section 3.  Administration.

 

This Plan shall be administered by the Committee,
which shall have full discretion to administer this Plan, including but not
limited to discretion (A) to determine all questions related to a
Participant’s entitlement to receive the Cash Bonus, (B) to interpret and
construe any provision of this Plan, and (C) to adopt, amend, or rescind
any rules and regulations for the operation and administration of this
Plan.  Decisions of the Committee shall
be final and binding for all purposes. 
None of the Company, the Employer, the Committee, nor any member of the
Committee, shall be liable to any party for any action, omission, or
determination relating to this Plan. 
This Plan shall be administered at the expense of the Company.

 

Section 4.  Cash Bonuses.

 

(a)                                  Subject to the terms of this Plan, upon
the occurrence of the Payment Event, each Participant shall be entitled to a
Cash Bonus, provided that the internal rate of return to the Majority
Stockholder in respect of their direct and indirect investment in the Company
is positive.  The Majority Stockholder’s
internal rate of return shall be calculated in the case of an Initial Public
Offering as if the Majority Stockholder sold all of its direct and indirect
equity interests in the Company at a per share price equal to the Initial
Public Offering price or, in the case of a

 

2

 

Change
of Control, based on the value of its equity interests implied by the
transaction giving rise to the Change of Control, and in each case, taking into
account all investments made directly or indirectly in the Company, all management
and transaction fees paid by the Company or its subsidiaries to the Majority
Stockholder and all expenses incurred by the Majority Stockholder in connection
with the investment.

 

(b)                                 In no event shall a Participant be
entitled to receive a Cash Bonus (A) prior to the Payment Event and (B) unless
and until the Committee in its sole discretion determines that the conditions
set forth in Section 4(a) above have been satisfied with respect to
such Participant.

 

Section 5.  Payment.

 

(a)                                  The Company shall pay each Participant
the Cash Bonus as soon as administratively practical following, but in all
cases within two and a half months of, a Payment Event.

 

(b)                                 The Company shall deduct from all
payments and distributions under this Plan any required federal, state, or
local government tax withholdings.

 

(c)                                  The Company may, if the Committee in its
sole discretion shall so determine, offset any amounts that a Participant may
owe to the Company or the Employer against any distribution of the Cash Bonus
that would otherwise have been made to the Participant.

 

Section 6.  General Provisions.

 

(a)   No
Right to Continued Employment. 
Nothing contained in this Plan
shall confer upon the Participant any right with respect to the continuation of
his or her employment by the Employer, or interfere in any way with the right
of the Employer at any time to terminate such employment or to increase or
decrease the compensation of the employee or Participant.  No person other than the Participants shall
have any claim or right to participate in this Plan.  Any conditional grant by the Company to any
Participant of any Cash Bonus contemplated herein shall neither require the
Company to make any additional grant to such Participant or any other
Participant or other person at any time nor preclude the Company from making
subsequent grants to such Participant or any other Participant or other person
at any time.

 

(b)  Participation
in Other Plans.  Nothing in
this Plan shall be deemed to entitle a Participant to participate in, nor prohibit
nor restrict any Participant participation in, any other plan, program, or
arrangement maintained by the Company or the Employer.

 

(c)  Amendment;
Termination.  The Company may
at any time, in its sole discretion, terminate or amend this Plan, provided that any such termination or amendment shall not impair or
adversely affect an Eligible Employee’s rights under this Plan without such
Eligible Employee’s written consent.

 

(d)  Section 409A.  Notwithstanding any provision herein to the
contrary, the Committee may, in its sole discretion, change the form and timing
of any distribution or otherwise modify the terms of this Plan in order to
comply with applicable law, including, without limitation, in order to avoid
adverse tax treatment to any Participant under Section 409A of the Code; provided
that the Committee shall use commercially reasonable efforts to put the
Participants in the same position as they would have been in but for the
application of this Section 6(d).

 

(e)   Unfunded Status of Plan.  The Company shall not have any obligation to
establish any separate fund or trust or other segregation of assets to provide
for payments under this Plan.  To the
extent any person acquires any rights to receive payments hereunder from the
Company, such rights shall be no greater than those of an unsecured creditor.

 

(f)  Governing
Provisions.  The provisions of
this Plan shall govern in all respects the allocation, distribution, and nature
of the Cash Bonuses, and shall supersede all prior written agreements and
negotiations and oral understandings regarding such Cash Bonuses, if any.

 

3

 

(g)  Governing
Law.  This Plan and the rights
of all persons under this Plan shall be construed and administered in accordance
with the laws of the State of Delaware, without regard to its conflict of law
principles.

 

(h)  Effective
Date.  This Plan is effective
as of November 29, 2005.

 

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