Document:

Exhibit 10.1

   RESTRICTED STOCK AWARD AGREEMENT UNDER THE 2002 EQUITY PARTICIPATION PLAN

     RESTRICTED STOCK AWARD AGREEMENT (the  "Agreement"),  made as of ________ ,
20__,  by and between  Triarc  Companies,  Inc.  (the  "Company")  and _________
("Award Recipient"):

     WHEREAS,  the Company  maintains  the 2002 Equity  Participation  Plan (the
"Plan") under which the Performance  Compensation  Subcommittee of the Company's
Board of Directors (the  "Committee")  may, among other things,  award shares of
the Company's Class ___ Common Stock,  $.10 par value (the "Common  Stock"),  to
such eligible persons under the Plan as the Committee may determine,  subject to
terms, conditions, or restrictions as it may deem appropriate;

     WHEREAS,  pursuant  to the Plan,  the  Committee  has  awarded to the Award
Recipient a restricted stock award conditioned upon the execution by the Company
and the Award Recipient of a Restricted  Stock  Agreement  setting forth all the
terms and conditions applicable to such award in accordance with Delaware law;

     NOW, THEREFORE, in consideration of the mutual promises(s) and covenants(s)
contained herein, it is hereby agreed as follows:

     1. AWARD OF  RESTRICTED  SHARES:  Subject to the terms of the Plan and this
Agreement, the Committee hereby awards to the Award Recipient a restricted stock
award (the  "Restricted  Stock  Award") on _________,  20__ (the "Award  Date"),
covering  _____  shares of Common  Stock (the  "Restricted  Shares").  Except as
otherwise specifically provided herein, capitalized terms used herein shall have
the meanings attributed thereto in the Plan.

     2. VESTING:  Subject to the Award Recipient's continued employment with the
Company  on each  "Vesting  Date" (as  defined  below),  one-third  (1/3) of the
Restricted Shares shall vest and become  non-forfeitable on each of _____, 20__,
_____, 20__ and _____, 20__, respectively (each such date, a "Vesting Date").

     3. STOCK CERTIFICATES:  Certificates evidencing the Restricted Shares shall
be issued by the Company and shall be registered in the Award  Recipient's  name
on the stock transfer books of the Company  promptly after the date hereof,  but
shall remain in the physical custody of the Company or its designee at all times
prior  to,  in the case of any  particular  Restricted  Shares,  the  applicable
Vesting Date. As a condition to the receipt of this Restricted  Stock Award, the
Participant  shall deliver to the Company a stock power, duly endorsed in blank,
relating to the Restricted Shares.

     4. TRANSFERABILITY;  RIGHTS AS STOCKHOLDER. Prior to the applicable Vesting
Date with respect to any Restricted  Share,  (i) such Restricted Share shall not
be transferable by the Award Recipient by means of sale,  assignment,  exchange,
pledge, or otherwise; provided, however, that the Award Recipient shall have the
right to tender the  Restricted  Share for sale or exchange  with the  Company's
written  consent in the event of any tender  offer within the meaning of Section
14(d) of the  Securities  Exchange  Act of 1934 and (ii)  unless  and until such
Restricted Share is forfeited  pursuant to Paragraph 2 or Paragraph 5, the Award
Recipient  shall be  entitled  to all rights of a  stockholder  of the  Company,
including the right to vote the Restricted  Share and receive  dividends  and/or
other distributions declared on such Restricted Share.

     5. EFFECT OF TERMINATION OF EMPLOYMENT: If the Award Recipient's employment
with the Company  terminates on account of  termination  by the Company  without
cause, or on account of the Award  Recipient's  death or permanent  disability,
the Restricted Stock Award, to the extent not already not already vested,  shall
become  fully  vested and  nonforfeitable  with  respect to one hundred  percent
(100%) of the  Restricted  Shares.  Upon  termination  of the Award  Recipient's
employment with the Company for any other reason, the Restricted Stock Award, to
the extent not already vested,  shall be forfeited,  unless otherwise determined
by the Committee in its sole discretion. For purposes of this Agreement, "cause"
shall mean "cause" or any like term, as defined in any written  contract between
the Company  and the Award  Recipient  or, if not so defined,  (i) on account of
fraud,  embezzlement  or other  unlawful  or  tortious  conduct,  whether or not
involving  or against  the Company or any  affiliate,  (ii) for  violation  of a
policy of the Company of any affiliate, or (iii) for serious and willful acts or
misconduct  detrimental  to the  business  or  reputation  of the Company or any
affiliate.

     6.  BENEFICIARY:  The Award Recipient may designate a  beneficiary(ies)  to
receive the stock certificates  representing those Restricted Shares that become
vested and non-forfeitable upon the Award Recipient's death. The Award Recipient
has the right to change such beneficiary designation at will.

     7. EFFECT OF CHANGE OF CONTROL: Upon the occurrence of a Change of Control,
any  unvested  Restricted  Shares  shall be deemed  to have  become  vested  and
non-forfeitable as of immediately prior to the Change of Control.

     8. WITHHOLDING TAXES; 83(b) ELECTION:  The Award Recipient hereby agrees to
make  appropriate   arrangements  with  the  Company  for  satisfaction  of  any
applicable federal, state or local income tax, withholding  requirements or like
requirements,  including  the payment to the Company upon each  Vesting  Date(or
such later date as may be applicable  under  Section 83 of the Internal  Revenue
Code of 1986, as amended),  or other  settlement  in respect of, the  Restricted
Shares of all such taxes and requirements and the Company shall be authorized to
take such action as may be  necessary  in the opinion of the  Company's  counsel
(including,  without  limitation,  withholding  amounts from any compensation or
other  amount  owing from the  Company to the Award  Recipient)  to satisfy  all
obligations for the payment of such taxes.  Notwithstanding  the foregoing,  the
Award  Recipient  may make an election  pursuant to Section 83(b) of the Code in
respect of the Restricted  Shares and, if he does so, he shall timely notify the
Company  of such  election  and send  the  Company  a copy  thereof.  The  Award
Recipient  shall be solely  responsible  for properly and timely  completing and
filing any such election.

     9.  IMPACT ON OTHER  BENEFITS:  The  value of the  Restricted  Stock  Award
(either on the Award Date or at the time any Restricted Shares become vested and
non-forfeitable)  shall  not be  includable  as  compensation  or  earnings  for
purposes of any benefit or incentive plan offered by the Company.

     10. ADMINISTRATION:  The Committee shall have full authority and discretion
(subject  only to the  express  provisions  of the Plan) to decide  all  matters
relating to the administration  and  interpretation of this Agreement.  All such
Committee  determinations  shall be  final,  conclusive,  and  binding  upon the
Company, the Award Recipient, and any and all interested parties.

     11. RIGHT TO CONTINUED  EMPLOYMENT:  Nothing in the Plan or this  Agreement
shall  confer on an Award  Recipient  any right to continue in the employ of the
Company  or in any way  affect  the  Company's  right  to  terminate  the  Award
Recipient's employment without prior notice at any time for any reason.

     12. BOUND BY PLAN: The Agreement shall be subject to the terms of the Plan,
as  amended,  except  that  the  Restricted  Stock  Award  may not in any way be
restricted  or limited  (other than as provided in this  Agreement)  without the
Award Recipient's written consent.

     13.  FORCE  AND  EFFECT:  The  various  provisions  of this  Agreement  are
severable in their entirety. Any determination of invalidity or unenforceability
of any on provision  shall have no effect on the continuing  force and effect of
the remaining provisions.

     14.  GOVERNING  LAW:  This  Agreement  shall be  construed  and enforced in
accordance  with and  governed  by the laws of the  State of  Delaware,  without
giving effect to its conflict of laws principles.

     15. SUCCESSORS: This agreement shall be binding and inure to the benefit of
the successors, assigns and heirs of the respective parties.

     16.  NOTICE:  Unless  waived by the  Company,  any  notice  to the  Company
required under or relating to this  Agreement  shall be in writing and addressed
to the Secretary of the Company.

     17. ENTIRE AGREEMENT:  This Agreement contains the entire  understanding of
the  parties  and shall not be  modified  or amended  except in writing and duly
signed by the  parties.  No waiver by either  party of any  default  under  this
Agreement shall be deemed a waiver of any later default.

     IN WITNESS  WHEREOF,  the parties have signed this Agreement as of the date
hereof.

                                                   TRIARC COMPANIES, INC.

                                                   By:
                                                   ----------------------------
                                                   Name:
                                                   Title:

                                                   ----------------------------
                                                   [Award Recipient]Exhibit 10.1

                                   AGREEMENT

         THIS AGREEMENT is made between Candie's, Inc., a Delaware corporation
("Candie's" or the "Company") and Richard G. Danderline ("Danderline"), an
individual, (together, the "Parties") and is effective as of January 27, 2005.

         WHEREAS, Danderline has served as the Executive Vice President, Finance
and Operations since June 2000; and

         WHEREAS, Danderline has resigned from his full-time position as
Executive Vice President, Finance and Operations, as of December 31, 2004, but
has agreed to continue to work for the Company part-time through June 30, 2005,
upon the terms and conditions set forth in this Agreement.

         NOW, THEREFORE, the Parties agree as follows:

     1. Part-Time Services; Term. (a) Danderline agrees that he will continue to
work for the  Company on a  part-time  basis as the Vice  President  of Finance,
rendering  services  similar to those as he did while  employed  on a  full-time
basis as Executive Vice President, Finance and Operations, through June 30, 2005
(the "Term"). It is understood and agreed that Danderline,  while employed under
this  agreement as the Vice President of Finance,  shall be the Company's  chief
financial  and  accounting  officer  until  such  time  as the  Company  hires a
replacement financial executive to assume these functions.

     (b)  Danderline  agrees  to work such  days or  portions  of days as may be
requested by the Company  from time to time,  but in no event more than one full
day a week in the Company's offices,  and the equivalent of one additional day a
week from a remote location. The Company may, at any time and from time to time,
reduce Danderline's hours in its discretion.

     (c) Danderline agrees that as Vice President of Finance, if so requested by
the Company, he will certify and execute the financial statements of the Company
for the year ended December 31, 2004,  throughout  which period he served as the
Executive Vice  President,  Finance and  Operations and was the Company's  chief
accounting and financial officer.

     2. Compensation. The Company will compensate Danderline on a pro-rata basis
for the days or partial  days worked per week at a rate of  $225,000,  which was
his salary at the time of his  resignation  from his full-time  position.  It is
understood and agreed that consistent with the terms of the agreements governing
the previous  grants by the Company to Danderline of options to purchase  shares
of common  stock of the  Company,  any  unexercised  options will expire 90 days
after the end of the Term.

     3.  Indemnification.  (a) The  Company  hereby  agrees  to hold  Danderline
harmless  and  indemnify  him to the full  extent as set forth in the  Company's
By-Laws  against  any  and  all  judgments,   fines,   penalties,   obligations,
liabilities or amounts paid in settlement, and expenses, including fees of legal
counsel,  actually and reasonably  incurred by him or on his behalf by reason of
the fact that he (i) is or was an officer or  employee of the  Company,  or (ii)
while serving as an officer or employee of the Company at any time  becomes,  or
is threatened to be made, a party, witness or other participant,  of any dispute
or litigation, so long as Danderline acted in good faith and in a manner that he
reasonably believed to be in the best interests of the Company and is at no time
found to have acted in a manner that was grossly  negligent  or reckless or been
engaged in willful misconduct.

<PAGE>

     (b) The  Company  shall  not be  liable  to  indemnify  Danderline  for any
settlement of any action  effected  without the Company's  party's prior written
consent  to any  such  settlement,  which  consent  shall  not  be  unreasonably
withheld.

     (c)  Legal  counsel  as used in this  Agreement,  shall  mean a law firm or
member of a law firm selected by the Company and approved by  Danderline  (which
approval shall not be unreasonably withheld).

     4. Governing Law. This Agreement  shall be governed by and  interpreted and
enforced in  accordance  with the internal  laws of the State of  Delaware.  The
Parties  agree  that in the event of any  dispute  hereunder  they  will  submit
themselves to the exclusive  jurisdiction  of the courts sitting within the City
of New York.

     5. Binding  Effect.  This Agreement  shall be binding upon and inure to the
benefit  of and be  enforceable  by the  Parties  hereto  and  their  respective
successors,  assigns,  including  any direct or indirect  successor by purchase,
merger,  consolidation or otherwise to all or substantially  all of the business
and/or  assets  of  the  Company,   spouses,   heirs,  and  personal  and  legal
representatives.

     6. Entire Agreement. This Agreement represents the entire agreement between
the  Parties  hereto,   and  there  are  no  other   agreements,   contracts  or
understandings  between the Parties hereto with respect to the subject matter of
this Agreement, except as specifically referred to herein.

     7.  Amendment  and  Termination.   No  amendment,   modification,   waiver,
termination or cancellation of this Agreement shall be effective for any purpose
unless set forth in writing signed by both Parties hereto.

     8. Survival of Rights. The rights conferred on Danderline by this Agreement
shall  continue  after he has ceased to be an  employee to the Company and shall
inure to the benefit of his heirs, executors and administrators.

     9.  Counterpart  Signatures.  This Agreement may be executed in one or more
counterparts,  each of which  shall for all  purposes e deemed to be an original
but all of which together shall constitute one and the same agreement.  Only one
such counterpart signed by the Party against whom enforceability is sought needs
to be produced to evidence the existence of this Agreement.
<PAGE>

     10.  Notices.  All  notices,  requests,  demands  and other  communications
hereunder  shall  be in  writing  and  shall be  addressed  to the  Company,  or
Danderline,  as  applicable,  at the address shown on the signature page to this
Agreement or as either Party may  designate  for itself and provide to the other
Party in writing. Faxes and e-mails that have indicia of confirmation of receipt
are sufficient notice hereunder.

CANDIE'S  INC.                              RICHARD G. DANDERLINE

/s/ Neil Cole                               /s/ Richard G. Danderline
------------------------                    --------------------------------
By:      Neil Cole                          An Individual
Its:     Chief Executive Officer

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