Document:

Key Terms of Compensation Arrangements for Named Executive Officers

 Exhibit 10.54 
 KEY TERMS OF COMPENSATION ARRANGEMENTS FOR 
 NAMED EXECUTIVE OFFICERS FOR FISCAL 2008

 The named executive officers of The Gymboree Corporation (the “Company”) each receive an annual salary, are eligible to participate in the
Company’s annual Bonus Plan, equity compensation plan and 401(k) plan, and receive medical, dental and vision insurance benefits. They are also eligible for benefits under the Company’s Amended and Restated Management Change of Control
Plan, including a payment equal to a multiple of annual compensation (as specified below), and benefits under the Company’s Amended and Restated Management Severance Plan, including a severance payment equal to 100% of base salary. Individual
compensation terms for the Company’s 2008 fiscal year are set forth below. 
  

										
	 Name and Principal Position
	  	Base
Salary	  	Target
Bonus
Payout*	 	 	Change of
Control
Multiple**	 
	 Matthew K. McCauley
	  	$	750,000	  	150	%	 	300	%
	 Chairman and CEO
	  			  			 		
	 Blair W. Lambert
	  	$	385,000	  	85	%	 	300	%
	 COO/CFO
	  			  			 		
	 Kip M. Garcia
	  	$	425,000	  	100	%	 	300	%
	 President
	  			  			 		
	 Marina Armstrong
	  	$	385,000	  	85	%	 	300	%
	 SVP, Stores, HR and Play & Music and Secretary
	  			  			 		
	 Lynda G. Gustafson
	  	$	230,000	  	40	%	 	200	%
	 VP, Corporate Controller
	  			  			 		

  

	*	Designated as a percentage of base salary. The named executive officers may earn bonus amounts above the plan maximum of 150% of target bonus payout (in increments of 25% of target
bonus payout) if the Company meets specified quarterly and annual earnings targets. 

  

	**	Designated as a percentage of base salary and average bonus for prior three full fiscal years.Annual Bonus Plan

 Exhibit 10.56 
 The Gymboree Corporation 
 Annual Bonus Plan 
 Home Office and the Dixon Distribution Center Management Team 
 The annual bonus plan is based on the Company’s quarterly earnings expectations and provides for payment of cash bonuses at specified target payout amounts calculated as a percentage of a participant’s base salary, subject to
eligibility requirements. If at least the minimum applicable performance goals are met, bonus payments will range from 25% to 150% of the target payout amounts, depending on how actual performance compares to the established performance goals.
Following the end of each fiscal quarter, the management team will discuss variances to performance targets at the company meeting. If the applicable quarterly earnings expectations are met, a bonus will be paid quarterly to eligible employees.
Bonus amounts above 100% of the target payout amount for any quarter will be paid after the end of the fiscal year. If quarterly expectations are not met, there is an opportunity for eligible employees to earn a “catch-up” bonus at the end
of the fiscal year if the Company’s annual earnings expectations are met. The Company reserves the right to change the bonus methodology at any time.Consent to Waiver dated as of Novmeber 1,2007

 Exhibit 4.2 
 CONSENT TO WAIVER 
 This Consent to
Waiver (this “Consent”) dated as of the 1st day of November, 2007, by and between EnerSys (“Company”) and the other
parties signatory hereto (the MSCP Securityholders”). 
 BACKGROUND 
 A. The MSCP Securityholders and Company are parties to a certain shareholder agreement dated November 9, 2000, as amended, (the “2004
Securityholder Agreement”). 
 B. Company has requested a waiver to Section 2.1(a)(iii) of the 2004 Securityholder Agreement, which
requires that the Board of Directors of EnerSys Delaware Inc. and EnerSys Capital Inc. be comprised solely of the same individuals as from time to time, comprise the Board of Directors of Company (the “BOD Composition Requirement”);

 C. Section 5.4 of the 2004 Securityholder Agreement provides the MSCP Securityholders and Company the authority to waive the BOD
Composition Requirement provided such waiver does not adversely affect any Co-Investor, MSGEM Securityholder or Management Securityholder (all as defined in the 2004 Securityholder Agreement); and 
 D. The MSCP Securityholders and Company desire to consent to the waiver of Section 2.1(a)(iii) of the 2004 Securityholder Agreement. 
 CONSENT 
 NOW, THEREFORE, in consideration of
the terms and conditions contained herein, the parties hereto, intending to be legally bound, hereby Consent to the following: 
 1. The
requirement set forth in Section 2.1(a)(iii) of the 2004 Securityholder Agreement, is hereby waived in its entirety. 
 2. This Consent
shall be binding upon and inure to the benefit of the parties to the 2004 Seucrityholder Agreement and their respective successors and assigns. 
 3. No other consent, order, qualification, validation, approval or authorization is required in connection with the execution, delivery or performance of, or the legality, validity, binding effect or enforceability of this Consent.

 4. Except as specifically waived by this Consent, all other terms of the 2004 Securityholder Agreement in effect as of the date hereof
shall remain in full force and effect. 
 5. This Consent shall be governed by and construed in accordance with the law of the State of New
York. 
 6. This Consent may be executed by the parties on separate counterparts, each of which shall be deemed to be an original, but all of
which together shall constitute one instrument. 
 IN WITNESS WHEREOF, the MSCP Securityholders and Company have executed or caused this
Consent to be duly executed by their respective authorized signatories thereunto duly authorized as of the day and year first above written. 
 MSCP
Securityholders: 
 MORGAN STANLEY DEAN WITTER CAPITAL PARTNERS IV, L.P. 
 By: MSDW Capital Partners IV, LLC, as General Partner 
 By: Metalmark Subadvisor LLC, as attorney-in-fact 
  

			
		
	By:	 	/s/ Kenneth Clifford
	Name:	 	Kenneth Clifford
		 	Managing Director

 MORGAN STANLEY DEAN WITTER CAPITAL INVESTORS IV, L.P. 
 By: MSDW Capital Partners IV, LLC, as General Partner 
 By: Metalmark
Subadvisor LLC, as attorney-in-fact 

			
		
	By:	 	/s/ Kenneth Clifford
	Name:	 	Kenneth Clifford
		 	Managing Director

 MSDW IV 892 INVESTORS, L.P. 
 By: MSDW Capital Partners IV, LLC, as General Partner 
 By: Metalmark Subadvisor LLC, as attorney-in-fact 
  

			
		
	By:	 	/s/ Kenneth Clifford
	Name:	 	Kenneth Clifford
		 	Managing Director

 Company: 
 EnerSys 
  

			
		
	By:	 	/s/ John D. Craig
		 	John D. Craig
		 	Chairman, President & CEO

 Date: November 1, 2007Consent of Waiver dated as of February 2,2008

 Exhibit 4.3 
 CONSENT TO WAIVER 
 This Consent to Waiver (this “Consent”) dated as of the 2nd day
of February, 2008, by and between Morgan Stanley Dean Witter Capital Partners IV, L.P., (“MSCP IV”), MSDW IV 892 Investors, L.P. (“MSDW IV 892”) and EnerSys (“Company”). MSCP IV and MSDW IV 892 are collectively referred
to as the “MSCP Securityholders.” 
 BACKGROUND 
 A. The MSCP Securityholders and Company are parties to a certain shareholder agreement dated November 9, 2000, as amended, (the “2004 Securityholder Agreement”). 
 B. Company has requested a waiver to Section 3.7 of the 2004 Securityholder Agreement, which requires any Management Securityholder to provide the
Compensation Committee of the Board of Directors, no less than five (5) nor more than twenty (20) Business Days’ notice of their intent to make any such Sale or create any such Encumbrance (as such terms are defined in the 2004
Securityholder Agreement) (the “Compensation Committee Notice Requirement”); 
 C. Section 5.4 of the 2004 Securityholder
Agreement provides the MSCP Securityholders and Company the authority to waive the Compensation Committee Notice Requirement; and 
 D. The
MSCP Securityholders and Company desire to consent to the waiver of Section 3.7 of the 2004 Securityholder Agreement. 
 CONSENT

 NOW, THEREFORE, in consideration of the terms and conditions contained herein, the parties hereto, intending to be legally bound, hereby
Consent to the following: 
 1. The requirement set forth in Section 3.7 of the 2004 Securityholder Agreement, is hereby waived in its
entirety. 
 2. This Consent shall be binding upon and inure to the benefit of the parties to the 2004 Seucrityholder Agreement and their
respective successors and assigns. 
 3. No other consent, order, qualification, validation, approval or authorization is required in
connection with the execution, delivery or performance of, or the legality, validity, binding effect or enforceability of this Consent. 
 4.
Except as specifically waived by this Consent, all other terms of the 2004 Securityholder Agreement in effect as of the date hereof shall remain in full force and effect. 
 7. This Consent shall be governed by and construed in accordance with the law of the State of New York. 
 8.
This Consent may be executed by the parties on separate counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one instrument. 
 IN WITNESS WHEREOF, the MSCP Securityholders and Company have executed or caused this Consent to be duly executed by their respective authorized
signatories thereunto duly authorized as of the day and year first above written. 

 MSCP Securityholders: 
 Morgan Stanley Dean Witter Capital Partners IV, L.P. 
 By: MSDW Capital Partners IV, LLC, as General Partner 
 By: MSDW Capital Partners IV, Inc., as Member 
 By: METALMARK SUBADVISOR LLC,
as attorney-in-fact 
  

			
		
	By:	 	/s/ Howard Hoffen
	Name:	 	Howard Hoffen, Managing Director
	Date:	 	February 2, 2008

 MSDW IV 892 Investors, L.P. 
 By: MSDW Capital Partners IV, LLC, as General Partner 
 By: MSDW Capital Partners IV, Inc., as Member 
 By: METALMARK SUBADVISOR LLC, as attorney-in-fact 
  

			
		
	By:	 	/s/ Howard Hoffen
	Name:	 	Howard Hoffen, Managing Director
	Date:	 	February 2, 2008

 Company: 
 EnerSys 
  

			
		
	By:	 	/s/ John D. Craig
		 	John D. Craig
		 	Chairman, President & CEO
	Date:	 	February 2, 2008

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00143-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00143-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00143-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00143-of-00352.parquet"}]]