Document:

Second Amendment to the Saks Incorporated Deferred Compensation Plan

 Exhibit 10.17.2 
 SECOND AMENDMENT 
 TO THE 
 SAKS INCORPORATED DEFERRED COMPENSATION PLAN 
 (as amended and restated effective May 1, 2002)

 The Saks Incorporated Deferred Compensation Plan (the “Plan”) is hereby amended, effective March 1, 2004, as described
below, with such changes superceding any conflicting changes made by the First Amendment (which was effective April 1, 2004): 
 1. Subsection 4.01(b) is
amended to read as follows: 
  

	 	“(b)	Stock Grant Account. In addition, if applicable, the Committee shall establish a separate book reserve account (the Stock Grant Account as defined in Section 2.25
hereof) for the purpose of determining deferred compensation payable to the Participant attributable to the deferral of grants of Corporate Stock under Section 4.06. Such account shall be governed by the provisions of this Article 4. The
entire Stock Grant Account shall be maintained as one or more separate retirement stock grant buckets or in-service stock grant buckets. Each Participant may elect to maintain up to three stock grant buckets (in addition to the number of regular
retirement and in-service buckets authorized in subsection 4.01(a)).” 

 2. Subsection 5.02(b)(2) is amended to read as follows:

  

	 	“(2)	For the retirement bucket described in subsection 4.01(a)(1) and each retirement stock grant bucket described in subsection 4.01(b), the Participant shall designate the number of
installments, from one to fifteen. In addition, the Participant shall elect (with respect to all retirement buckets) whether installments are to commence: 

 (A) as soon as possible after retirement, or 
 (B) after the end of the calendar year during which
retirement occurs. 
 If a Participant fails to make an election between (A) and (B), he will be deemed to have elected the commencement
date under (A) above. Notwithstanding the foregoing, the Committee shall have the authority to impose option (B) if the Participant’s retirement date occurs in the last three months of the calendar year.” 
 IN WITNESS WHEREOF, Saks Incorporated has caused this Second Amendment to the Saks Incorporated Deferred Compensation Plan to be executed by its duly
authorized officer on this      day of             , 2004. 
  

			
	SAKS INCORPORATED
		
	By:	 	  

	Title:	 	  

  

 1Third Amendment to the Saks Incorporated Deferred Compensation Plan

 Exhibit 10.17.3 
 THIRD AMENDMENT 
 TO THE 
 SAKS INCORPORATED DEFERRED COMPENSATION PLAN 
 (as amended and restated effective May 1, 2002)

 December 21, 2006 
 The Saks Incorporated Deferred Compensation Plan (the “Plan”) is hereby amended, effective December 1, 2006, as follows: 
 Section 4.04 is amended by adding the following at the end of the section: 
 In addition, the following amounts shall be
credited to a Participant’s Deferred Compensation Account as “Other Employer Amounts”: 
  

	 	(a)	For Plan Years beginning on or after January 1, 2006, amounts that would have been contributed on behalf of the Participant to the Saks Incorporated 401(k) Retirement Plan as
Supplemental Company Contributions (as defined in such plan), but for the fact that the Participant did not qualify for such contributions under such plan because he was a Highly Compensated Employee (as defined in such plan) for the Plan Year.

  

	 	(b)	For Plan Years beginning on or after January 1, 2007, amounts that would have been allocated to the Participant’s Cash Balance Account in the Saks Fifth Avenue Pension
Plan as Benefit Credits (as defined in such plan), but for the fact that the Participant did not qualify for such allocations under such plan because he was a Highly Compensated Employee (as defined in such plan) for the Plan Year.

 Other Employer Amounts shall be fully vested at all times. 
  

			
	SAKS INCORPORATED
		
	By:	 	 Charles Hansen

	Title:	 	Executive Vice President and General CounselFourth Amendment to the Saks Incorporated Deferred Compensation Plan

 Exhibit 10.17.4 
 FOURTH AMENDMENT 
 TO THE 
 SAKS INCORPORATED DEFERRED COMPENSATION PLAN 
 (as amended and restated effective
May 1, 2002) 
 The Saks Incorporated Deferred Compensation Plan (the “Plan”) is hereby amended, effective January 1,
2007, as follows: 
 Section 4.04 is amended to read as follows: 
  

	4.04	Other Employer Amounts. 

 At the discretion of the
Board, other amounts (as deferred compensation), if any, may be credited to a Participant’s Deferred Compensation Account in such amount or amounts and at such time or times as the Board may in its sole discretion determine. Any such amounts
must meet the terms and conditions of Code section 409A and the regulations thereunder and shall constitute “Other Employer Amounts” for purposes of this Plan. Other Employer Amounts shall be fully vested at all times. 
 IN WITNESS WHEREOF, Saks Incorporated has caused this Fourth Amendment to the Saks Incorporated Deferred Compensation Plan to be executed by its duly
authorized officer on this 6th day of June, 2007. 
  

			
	SAKS INCORPORATED
		
	By:	 	 Michael Brizel

	Title:	 	Executive VP and General CounselForm of Saks Incorporated Performance Share Agreement

 Exhibit 10.26 
 Saks Incorporated 
 Performance Share Agreement 
 April 16, 2007 
 This is a Performance
Share Agreement between Saks Incorporated (the “Company”) and the individual who has executed this Performance Share Agreement above the “Award Holder signature” line (the “Award Holder”).
The term “this Agreement” means this Performance Share Agreement and each Award Supplement (defined in paragraph 1 of this Agreement) relating to this Agreement. 
 Preliminary Statement 
 This Agreement is made pursuant to the Company’s 2004 Long-Term
Incentive Plan (the “Plan”). Capitalized terms used but not defined in this Agreement are defined in the Plan as amended after the date of this Agreement. 
 Terms and Conditions 
 The Company and the Award Holder agree as follows: 
 1. Performance Share Awards. This Agreement is the agreement referred to in section 8 of the Plan. For each of the Company’s performance share awards
to the Award Holder pursuant to the Plan, this Agreement, the Plan, and each Award Supplement to this Agreement, which need not be signed by the Award Holder, will govern. The performance shares awarded by the Company to the Award Holder pursuant to
the Plan together are referred to as the “Performance Shares.” The Company will evidence each award of Performance Shares by a separate Supplement to Performance Share Agreement to be attached to this Agreement from time to
time (each an “Award Supplement” and together the “Award Supplements”). Award Supplements will indicate the number of Performance Shares awarded to the Award Holder and the restrictions that are
applicable to the Performance Shares awarded. This Agreement governs all Performance Shares awarded to the Award Holder prior to, on, or after the date of this Agreement, and all Award Supplements, whenever delivered to the Award Holder, are
incorporated into and form a part of this Agreement. 
 2. Restrictions; Forfeiture. 
 (a) Each award of Performance Shares is subject to each of the following restrictions until the vesting conditions described on the Award Supplement applicable to the
award have been satisfied or the restrictions have otherwise expired or terminated. Failure to satisfy the vesting conditions by the times specified on the Award Supplement will result in the forfeiture of the number of unvested Performance Shares
specified on the Award Supplement. Unvested Performance Shares may not be sold, transferred, exchanged, assigned, pledged, hypothecated, or otherwise encumbered. If the Award Holder’s employment with the Company or any affiliate terminates for
any reason other than as provided in subparagraphs (b) or (c) of paragraph 3 of this Agreement, then the Award Holder will forfeit all of the Award Holder’s right, title, and interest in and to the then-unvested Performance Shares as
of the date of employment termination, and the unvested Performance Shares will revert to the Company immediately following the event of forfeiture. 
 (b)
The Award Holder will forfeit all unearned or unpaid awards of Performance Shares, including, but not by way of limitation, awards earned but not yet paid, all unpaid dividends and dividend equivalents, and all interest, if any, accrued on the
foregoing if (i) the Award Holder, without the written consent of the Company, engages directly or indirectly in any manner or capacity as principal, agent, partner, officer, director, employee, or otherwise in any business or activity
determined by the Committee, in its sole discretion, to be competitive with any business or activity conducted by the Company or any of its subsidiaries; or (ii) the Award Holder performs any act or engages in any activity that in the opinion
of the Chief Executive Officer of the Company is inimical to the best interests of the Company. 
 (c) If within six months following the Award Holder’s
termination of employment the Award Holder, without the written consent of the Company, engages directly or indirectly in any manner or capacity as principal, agent, partner, officer, director, employee, or otherwise in any business or activity
determined by the Committee, in its sole discretion, to be competitive with any business or activity conducted by the Company or any of its subsidiaries, the Award Holder will be required to pay to the Company an amount in cash equal to the value of
Performance Share awards that vested on or after, or within six months prior to, the Award Holder’s termination of employment, which value will be determined as of the date of vesting. 
 3. Expiration and Termination of Restrictions. The restrictions imposed by paragraph 2 of this Agreement on each award of Performance Shares will expire on
the earliest to occur of the following (the period prior to the expiration of the award being the “Restricted Period”): 
 (a) upon
the achievement of the performance objectives and the passage of time, if any, as provided in the Award Supplement for the award; 
 (b) on the date of
termination of the Award Holder’s employment by reason of death, disability, or retirement (in the case of disability or retirement, as determined by the Company), but only to the extent the Performance Shares have been earned under the
applicable performance objectives as determined by the Committee as of the date of termination (ignoring for this purpose all passage-of-time requirements); and 
 (c) subject to section 18 of the Plan, upon the occurrence of a Change in Control and, if applicable, the termination of the Award Holder’s employment or service within two years following the occurrence of the Change in Control.

 4. Delivery of Performance Shares. All Performance Shares will be registered in the name of the Award Holder as soon as practicable
following the effect dates of the award specified in the Award Supplements, and the Performance Shares will be held by the Company in accordance with the Plan during the Restricted Period in certificated or uncertificated form. Certificates for the
Performance Shares for which the Restricted Period has ended will be delivered to the Award Holder or the Award Holder’s designee upon request, but delivery may be postponed for a period of time to enable the Company, in exercising reasonable
diligence, to comply with registration requirements under federal or state securities laws, stock exchange listing requirements and other rules, and requirements under any other law or regulation applicable to the issuance or transfer of the
Performance Shares. 
 5. Voting and Dividend Rights. Subject to the next sentences, the Award Holder, as beneficial owner of the Performance
Shares, has full voting and dividend rights with respect to the Performance Shares during and after the Restricted Period. During the Restricted Period the Award Holder may not assign 

 
or pledge voting rights or dividend rights during the Restricted Period. During the Restricted Period the Company will withhold dividends paid by the Company
with respect to the Performance Shares and will not pay the dividends to the Award Holder, and the Award Holder will have no right to receive the any dividend paid by the Company with respect to the Performance Shares, until the Restricted Period
ends and the Company has delivered certificates for the Performance Shares to the Award Holder as provided in paragraph 4. If the Award Holder forfeits any Performance Shares in accordance with paragraph 2, the Award Holder’s rights as a
beneficial owner of the Performance Shares, and all of the Award Holder’s interest in them, will immediately terminate, and the Award Holder will not be entitled to payment of past or future dividends or any other right or benefit with respect
to the forfeited Performance Shares. If for any reason the Award Holder receives dividends with respect to the forfeited Performance Shares after forfeiture, the Award Holder will repay to the Company an amount equal to the dividends received.

 6. Anti-Dilution Provisions. Section 20 of the Plan is applicable to this Agreement and the Performance Shares. 
 7. No Right of Continued Employment. Nothing in this Agreement will interfere with or limit in any way the right of the Company or any affiliate to
terminate the Award Holder’s employment at any time, nor confer upon the Award Holder any right to continue in the employ of the Company or any affiliate. 
 8. Payment of Taxes. 
 (a) The Award Holder may make an election to be taxed upon an award of Performance Shares under
Section 83(b) of the Internal Revenue Code of 1986, as amended, by making an appropriate election with the Internal Revenue Service within thirty days after the date of the award and by otherwise complying with applicable requirements.

 (b) If at any time the law requires the Company to withhold federal, state, or local taxes of any kind (including the Award Holder’s FICA obligation)
on behalf of the Award Holder as a result of the award of the Performance Shares, the Award Holder agrees to pay the required withholding amount to the Company no later than the date due, or to make other arrangements satisfactory to the Company
regarding payment of the withholding amount. The obligations of the Company under this Agreement will be conditional on the Award Holder’s compliance with these withholding payment requirements, and the Company and its affiliates will, to the
extent permitted by law, have the right to deduct withholding amounts from any payment of any kind otherwise due to the Award Holder. 
 9.
Amendment. This Agreement may not be modified, amended, or waived in any manner except in writing signed by the Company and the Award Holder. The waiver by the Company or the Award Holder of compliance with any provision of this Agreement
will not operate or be construed as a waiver of any other provision of this Agreement or any subsequent breach of a provision of this Agreement. 
 10.
The Plan Controls. The terms contained in the Plan are incorporated into and made a part of this Agreement, and this Agreement will be governed by and construed in accordance with the Plan. If any actual or alleged conflict between the
provisions of the Plan and the provisions of this Agreement occurs, the provisions of the Plan will be controlling and determinative. 
 11.
Successors. This Agreement will be binding upon any successor of the Company, in accordance with the terms of this Agreement and the Plan. 
 12. Severability. If any one or more of the provisions contained in this Agreement are invalid, illegal, or unenforceable, the other provisions of this Agreement will be construed and enforced as if the invalid, illegal, or
unenforceable provision had never been included. 
 13. Notice. Notices and communications under this Agreement must be in writing and
delivered personally, by overnight courier, or by registered or certified United States mail, return receipt requested, postage prepaid. Notices to the Company must be addressed to: 
 Human Resources Department 
 Saks Incorporated

 12 East 49th Street, 4th Floor 
 New York, NY 10017 
 Attn: Sr. Stock Plan Administrator 
 or any other address designated by the Company in a written notice to the Award Holder. Notices to the Award Holder will be directed to the address of the Award Holder
then currently on file with the Company, or at any other address given by the Award Holder in a written notice to the Company. 
 14.
Administration. The authority to manage and control the operation and administration of this Agreement will be vested in the Committee. The Committee will have all powers with respect to this Agreement that it has with respect to
the Plan. Any interpretation of the Agreement by the Committee and any decision made by it with respect to the Agreement is final and binding on all persons. 
 15. Waiver of Reload Rights. The Award Holder waives the Award Holder’s rights, if any, to participate in the Company’s stock option “reload” program with respect to the Executive’s stock option
awards made under the Company’s Amended and Restated 1994 Long-Term Incentive Plan or 1997 Stock-Based Incentive Plan. 
 16. Governing
Law. Tennessee law will govern the interpretation, performance, and enforcement of this Agreement. 
  

			
	Saks Incorporated
		
	By:	 	

		 	Christine A. Morena
		 	Executive Vice President
		 	Human Resources & Strategic Planning
	
	  

	Award Holder Signature
	
	  

	Award Holder Name

  

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