Document:

exv10wf

Exhibit (10)f.

GENESCO INC.

AMENDED AND RESTATED

EVA INCENTIVE COMPENSATION PLAN

(as amended effective February 23, 2010)

1. Purpose.

The purposes of the Genesco Inc. EVA Incentive Compensation Plan (“the Plan”) are to motivate and
reward excellence and teamwork in achieving maximum improvement in shareholder value; to provide
attractive and competitive total cash compensation opportunities for exceptional corporate and
business unit performance; to reinforce the communication and achievement of the mission,
objectives and goals of the Company; to motivate managers to think strategically (long term) as
well as tactically (short term); and to enhance the Company’s ability to attract, retain and
motivate the highest caliber management team. The purposes of the Plan shall be carried out by
payment to eligible participants of annual incentive cash awards, subject to the terms and
conditions of the Plan and the discretion of the Compensation Committee of the board of directors
of the Company.

2. Authorization.

On February 24, 2004, the Compensation Committee approved the Plan. On April 26, 2005, February
20, 2007, August 22, 2007, and February 23, 2010, the Committee amended the Plan.

3. Selection of Participants.

Participants shall be selected annually by the Chief Executive Officer from among full-time
employees of the Company who serve in operational, administrative, professional or technical
capacities. The participation and target bonus amounts of Company officers and the Management
Committee shall be approved by the Compensation Committee with the advice of the Chief Executive
Officer. The Chief Executive Officer shall not be eligible to participate in the Plan.

The Chief Executive Officer shall annually assign participants to a Business Unit. For
participants whose Business Unit consists of more than one profit center, the Chief Executive
Officer shall determine in advance the relative weight to be given to the performance of each
profit center in the calculation of awards. If a participant is transferred to a different
business unit during the Plan Year he or she shall be eligible to receive a bonus for each of the
Business Units to which the participant was assigned during the Plan Year, prorated for the amount
of time worked in each assignment, unless the Chief Executive Officer determines that a different
proration is warranted in the circumstances.

 

 

In the event of another significant change in the responsibilities and duties of a participant
during a Plan Year, the Chief Executive Officer shall have the authority, in his sole discretion,
to terminate the participant’s participation in the Plan, if such change results in diminished
responsibilities, or to make such changes as he deems appropriate in (i) the target award the
participant is eligible to earn, (ii) the participant’s applicable goal(s) and (iii) the period
during which the participant’s applicable award applies.

4. Participants Added During Plan Year.

A person selected for participation in the Plan after the beginning of a Plan Year will be eligible
to earn a prorated portion of the award the participant might have otherwise earned for a full
year’s service under the Plan during that Plan Year, provided the participant is actively employed
as a participant under the Plan for at least 120 days during the Plan Year. The amount of the
award, if any, earned by such participant for such Plan Year shall be based on the number of full
months of the Plan Year during which the employee participated in the Plan.

5. Disqualification for Unsatisfactory Performance.

Any participant whose performance is found to be unsatisfactory or who shall have violated in any
material respect the Company’s Policy on Legal Compliance and Ethical Business Practices shall not
be eligible to receive an award under the Plan in the current Plan Year. The participant shall be
eligible to be considered by the Chief Executive Officer for reinstatement to the Plan in
subsequent Plan Years. Any determination of unsatisfactory performance or of violation of the
Company’s Policy on Legal Compliance and Ethical Business Practices shall be made by the Chief
Executive Officer. Participants who are found ineligible for participation in a Plan Year due to
unsatisfactory performance will be so notified in writing prior to October 31 of the Plan Year.

6. Termination of Employment.

A participant whose employment is terminated voluntarily or involuntarily, except by reason of
death, medical disability or voluntary retirement, prior to the end of a Plan Year shall not be
eligible to receive an award under the Plan. A participant who voluntarily retires, is on medical
leave of absence or the estate of a participant who dies during the Plan Year will be eligible to
receive the sum of a prorated portion of the award (positive or negative) the participant would
have otherwise received for a full year’s service under the Plan, provided the participant is
actively employed as a participant under the Plan for at least 120 days during the Plan Year, and
the participant’s bonus bank (positive or negative). The amount of any award payable to such
disabled or retired participant or the estate of such deceased participant shall be based on the
number of full months of the Plan Year during which the disabled, retired or deceased employee was
classified in the Company’s payroll system as an active employee. A participant who has received
or is receiving severance pay at the end of the Plan Year shall be considered a terminated employee
and shall not be eligible to receive an award under the Plan.

2

 

7. Economic Value Added (“EVA”) Calculation

EVA for a Business Unit or the entire Company, as applicable, shall be the result of a Business
Unit’s or the Company’s net operating profit after taxes less a charge for capital employed by that
Business Unit or the Company. The Company will track the change in EVA by Business Unit over each
Plan Year for the purpose of determining bonus as further described below.

8. Amount of Awards.

Participants are eligible to earn cash awards based on (i) change in EVA for a Business Unit and
(ii) achievement of individual Performance Plan Goals to be approved by the Chief Executive Officer
prior to March 31 of each Plan Year. Prior to the beginning of each Plan Year, the Chief Executive
Officer will establish for each Business Unit and for the Company as a whole target levels of
expected changes in EVA for each Business Unit and for the Company for such Plan Year and a range
of multiples to be applied to the participant’s target bonus based on actual performance for the
Plan Year. The multiple related to Business Unit performance is referred to as the “Business Unit
Multiple.” If a participant’s Business Unit is comprised of more than one profit center, the Chief
Executive Officer shall determine the relative weight to be assigned to each profit center’s
Business Unit Multiple. The Business Unit Multiple for such participant shall be the weighted
average of the Business Unit Multiples for each profit center comprising the participant’s Business
Unit. The multiple related to the performance of the Company as a whole is referred to as the
“Corporate Multiple.” The Corporate Multiple and Business Unit Multiples may be positive or
negative and may consist of whole numbers or fractions. Not later than March 31 the Plan Year, the
participant and the participant’s supervisor shall agree on a set of strategic performance
objectives for the participant for the Plan Year (the “Performance Plan Goals”).

The “Declared Bonus” shall be determined as follows:

For participants who are Business Unit Presidents, the Declared Bonus shall equal the sum of (A)
the Business Unit Multiple times 60% the participant’s target bonus plus (B) the Corporate Multiple
times 15% of the participant’s target bonus plus (C) the percentage of the participant’s
achievement of his or her Performance Plan Goals determined by the participant’s supervisor (the
“Performance Plan Percentage”) times one-quarter of the participant’s target bonus times the
Business Unit Multiple; provided, however that if the Business Unit Multiple is a negative number,
the Performance Plan Percentage shall be 100%.

For other Business Unit participants, the Declared Bonus shall equal the sum of (A) the Business
Unit Multiple times 75% of the participant’s target bonus plus (B) the Business Unit Multiple times
25% of the participant’s target bonus times the Performance Plan Percentage; provided, however that
if the Business Unit Multiple is a negative number, the Performance Plan Percentage shall be 100%.

3

 

For the Corporate Staff participants, the Declared Bonus shall equal the sum of (A) the Corporate
Multiple times 75% of the participant’s target bonus plus (B) the Corporate Multiple times 25% of
the participant’s target bonus times the Performance Plan Percentage; provided that, if the
Corporate Multiple is a negative number, the Performance Plan Percentage shall be 100%.

For participants who have a positive or zero Bonus Bank (as defined below) balance, the bonus
payout at the end of the Plan Year shall be equal to the sum of: (i) the Declared Bonus, up to
three times the participant’s target bonus for the Plan Year plus (ii) one-third of the
participant’s Declared Bonus in excess of three times the target bonus. For participants with a
negative Bonus Bank balance who earn a positive Declared Bonus, 50% of the Declared Bonus in excess
of two times the target bonus will be credited to the negative Bonus Bank and, of the balance, up
to 3 times the target bonus plus one-third of the Declared Bonus in excess of three times the
target bonus shall be paid out. Any of the Declared Bonus remaining after the application of the
previous sentence shall be retained as a separate account balance (the “Separate Account”). The
Separate Account established for any Plan Year shall be paid out in three equal annual installments
beginning the year following the current Plan Year, except that any positive Separate Account
balances that exist from prior Plan Years will be fully netted against a negative award in the year
a negative award is realized.

A “Bonus Bank” shall be established for each participant each year and shall consist of: (i) the
participant’s positive Declared Bonus not distributed because of payout limitations or (ii) the
participant’s negative Declared Bonus, as applicable. The positive Bonus Bank established for each
Plan Year shall be paid out in three equal annual installments beginning the year following the
current Plan Year except that positive bank balances that exist from prior years will be fully
netted against a negative award in the year the negative award is realized. The negative Bonus
Bank established for any Plan Year shall be eliminated to the extent not repaid pursuant to the
preceding paragraph at the end of three years following the Plan Year with respect to which it
arose.

Any positive balance in the Bonus Bank and the Separate Account shall be payable without interest
promptly upon the Company’s termination of the participant’s employment without “Cause,” or upon
the participant’s death or retirement. “Cause” for termination for purposes of this Plan means any
act of dishonesty involving the Company, any violation of the Policy on Legal Compliance and
Ethical Business Practices as then in effect, any breach of fiduciary duty owed to the Company,
persistent or flagrant failure to follow the lawful directives of the board of directors or of the
executive to whom the participant reports or conviction of a felony.

Nothing in this Plan (including but not limited to the foregoing definition of Cause) shall in any
manner alter the participant’s status as an employee at will or limit the Company’s right or
ability to terminate the participant’s employment for any reason or for no reason at all. Upon
termination for Cause or voluntary termination at the participant’s instance, any unpaid portion of
the Bonus Bank and the Separate Account will be forfeited by the participant.

4

 

9. Specification of Payment Date for Performance Awards.

Any awards payable under the Plan (including awards with respect to participants who die, are
placed on medical leave of absence or voluntarily retire during the Plan Year), other than the
amount, if any, to be credited to the Bonus Bank, will be made in cash, net of applicable
withholding taxes, by the fifteenth day of the third month following the close of the Plan Year,
but in no event prior to the date on which the Company’s audited financial statements for the Plan
Year are reviewed by the audit committee of the Company’s board of directors. The positive Bonus
Bank balance will be paid in cash, net of applicable withholding taxes, on the second and third
anniversaries of the payment of the Declared Bonus to which such amounts relate, subject to
reduction as provided in Article 8 hereof.

It is intended that (1) each installment of the payments provided under this Plan is a separate
“payment” for purposes of Section 409A (“Section 409A”) of the Internal Revenue Code of 1986, as
amended (the “Code”), and (2) that the payments satisfy, to the greatest extent possible, the
exemptions from the application of Section 409A provided under Treasury Regulation Sections
1.409A-1(b)(4), 1.409A-1(b)(9)(iii), and 1.409A-1(b)(9)(v). Notwithstanding anything to the
contrary in this Plan, if the Company determines (i) that on the date a participant’s employment
with the Company terminates or at such other time that the Company determines to be relevant, the
participant is a “specified employee” (as such term is defined under Section 409A) of the Company
and (ii) that any payments to be provided to the participant pursuant to this Plan are or may
become subject to the additional tax under Section 409(A)(a)(1)(B) of the Code or any other taxes
or penalties imposed under Section 409A of the Code (“Section 409A Taxes”) if provided at the time
otherwise required under this Plan then (A) such payments shall be delayed until the date that is
six months after the date of the participant’s “separation from service” (as such term is defined
under Section 409A of the Code) with the Company, or such shorter period that, as determined by the
Company, is sufficient to avoid the imposition of Section 409A Taxes (the “Payment Delay Period”)
and (B) such payments shall be increased by an amount equal to interest on such payments for the
Payment Delay Period at a rate equal to the prime rate in effect as of the date the payment was
first due (for this purpose, the prime rate will be based on the rate published from time to time
in The Wall Street Journal).

10. Plan Administration.

The Chief Executive Officer shall have final authority to interpret the provisions of the Plan.
Interpretations by the Chief Executive Officer which are not patently inconsistent with the express
provisions of the Plan shall be conclusive and binding on all participants and their designated
beneficiaries. It is the responsibility of the Senior Vice President-Strategy & Shared Services
(i) to cause each person selected to participate in the Plan to be furnished with a copy of the
Plan and to be notified in writing of such selection, the applicable goals and the range of the
awards for which the participant is eligible; (ii) to cause the awards to be calculated in
accordance with the Plan; and

5

 

(iii) except to the extent reserved to the Chief Executive Officer or the Compensation Committee
hereunder, to administer the Plan consistent with its express provisions.

11. Non-assignability.

A participant may not at any time encumber, transfer, pledge or otherwise dispose of or alienate
any present or future right or expectancy that the participant may have at any time to receive any
payment under the Plan. Any present or future right or expectancy to any such payment is
non-assignable and shall not be subject to execution, attachment or similar process.

12. Miscellaneous.

Nothing in the Plan shall interfere with or limit in any way the right of the Company to terminate
any participant’s employment or to change any participant’s duties and responsibilities, nor confer
upon any participant the right to be selected to participate in any incentive compensation plans
for future years. Neither the Chief Executive Officer, the Senior Vice President-Strategy & Shared
Services, nor the Compensation Committee shall have any liability for any action taken or
determination made under the Plan in good faith.

13. Binding on Successors.

The obligations of the Company under the Plan shall be binding upon any organization which shall
succeed to all or substantially all of the assets of the Company, and the term Company, whenever
used in the Plan, shall mean and include any such organization after the succession. If the
subject matter of this Section 13 is covered by a change-in-control agreement or similar agreement
which is more favorable to the participant than this Section 13, such other agreement shall govern
to the extent applicable and to the extent inconsistent herewith.

14. Definitions.

“EVA” means the economic value added to the Company during the Plan Year as determined by the net
operating profit in a particular Business Unit as reflected on the Company’s books for internal
reporting purposes, reduced by the cost of capital.

“Business Unit” means any of the Company’s profit centers or any combination of two or more of the
profit centers, which comprise Genesco Inc.

The “Chief Executive Officer” means the president and chief executive officer of the Company.

The “Company” means Genesco Inc. and any wholly owned subsidiary of Genesco Inc.

6

 

The “Compensation Committee” means the compensation committee of the board of directors of the
Company.

The “Plan” means this EVA Incentive Compensation Plan for the Plan Year.

“Plan Year” means the fiscal year of the Company.

The “Senior Vice President-Strategy & Shared Services” means the Senior Vice President-Strategy &
Shared Services of Genesco Inc. or any person fulfilling the functions of such office.

The “Management Committee” means executives of the Company with a direct reporting relationship to
the Chief Executive Officer.

7exv10ws

Exhibit (10)s.

FIRST AMENDMENT

TO EMPLOYMENT PROTECTION AGREEMENT

     THIS FIRST AMENDMENT TO EMPLOYMENT PROTECTION AGREEMENT (the “Amendment”) is made and entered
into as of the ___ day of                     , 2010, by and among Genesco Inc., a Tennessee corporation (the
“Corporation”), and                           (“Executive”).

WITNESSETH:

     WHEREAS, the Corporation and Executive are parties to an Employment Protection Agreement made
and entered into as of the ___ day of                          , ____ (the “Employment Protection Agreement”);
and

     WHEREAS, the Corporation and Executive desire to amend the Employment Protection Agreement as
set forth herein.

     NOW, THEREFORE, in consideration of the covenants and agreements contained herein, and other
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto, intending to be legally bound, agree as follows:

AGREEMENT

	 	1.	 	Capitalized Terms. Capitalized terms used and not otherwise defined herein
shall have the meanings ascribed thereto in the Employment Protection Agreement.
	 
	 	2.	 	Amendment of Employment Protection Agreement. The Employment Protection
Agreement is hereby amended as follows:

	 	(a)	 	Section 3 of the Employment Protection Agreement is hereby
deleted in its entirety and replaced with the following:
	 
	 	 	 	     “3. EMPLOYMENT PERIOD. If the Executive is employed on the
Effective Date, the Corporation agrees to continue the Executive in its
employ, and the Executive agrees to remain in the employ of the
Corporation, for the period (the “Employment Period”) commencing on the
Effective Date and ending on the earliest to occur of (i) the third
anniversary of the Effective Date and (ii) the date of any termination of
the Executive’s employment in accordance with Section 6 of this
Agreement.”
	 
	 	(b)	 	Section 6(d)(i) to (iv) inclusive of the Employment Protection
Agreement shall be deleted and the following shall be inserted in their stead:

	 	“(i)	 	a good faith determination by the Executive that,
without his prior written consent, the Corporation or any of its
officers has taken or failed to take any action (including, without
limitation, (A) exclusion of the Executive from consideration of
material matters within his

 

 

	 	 	 	area of responsibility, (B) statements or action which undermine the
Executive’s authority with respect to persons under his supervision
or reduce his standing with his peers, (C) a pattern of
discrimination against or harassment of the Executive or persons
under his supervision, or (D) the subjection of the Executive to
procedures not generally applicable to other similarly situated
executives) which materially changes the Executive’s position
(including titles), authority or responsibilities under Section 4 of
this Agreement or materially reduces the Executive’s ability to carry
out his duties and responsibilities under Section 4 of this
Agreement;

	 	(ii)	 	any failure by the Corporation to comply with any
of the provisions of Section 5 of this Agreement, other than an
immaterial or inadvertent failure remedied by the Corporation promptly
after receipt of notice thereof from Executive;
	 
	 	(iii)	 	the Corporation’s requiring the Executive to be
employed at any location more than 50 miles further from his principal
residence than the location at which the Executive was employed
immediately preceding the Effective Date; or
	 
	 	(iv)	 	any failure by the Corporation to obtain the
assumption of and agreement to perform this Agreement by a successor as
contemplated by Section 14(b) of this Agreement, provided that the
successor has had actual written notice of the existence of this
Agreement and its terms and an opportunity to assume the Corporation’s
responsibilities under this Agreement during a period of 30 days after
receipt of such notice.

	 	(c)	 	Section 6(e) of the Employment Protection Agreement shall
amended by replacing “180 days of the Executive’s having actual knowledge of
all the events” with “90 days of the initial existence of all the events” in
the second sentence thereof, and by replacing “not more than 15 days” with “not
less than 30 days and not more than 45 days” in the parenthetical following
(iii). The following sentence shall be inserted immediately before the last
sentence of Section 6(e):
	 
	 	 	 	“Executive’s termination on or after the date set forth in the Notice of
Termination shall be considered for “Good Reason” unless the Corporation
shall have remedied the condition within thirty (30) days following its
receipt of the Executive’s Notice of Termination.”
	 
	 	(d)	 	Section 7(a) of the Employment Protection Agreement is hereby
deleted in its entirely and replaced with the following:
	 
	 	 	 	“(a) DEATH OR DISABILITY. If the Executive’s employment is terminated during
the Employment Period by reason of the Executive’s death or Disability, this
Agreement shall terminate without further

 

 

	 	 	 	obligations to the Executive or Executive’s legal representatives, as
applicable, under this Agreement other than those obligations accrued
hereunder at the date of his death or Disability, including, for this purpose
(i) the Executive’s accrued but unpaid full Base Salary through the Date of
Termination, (ii) the product of (x) the average of the two most recent
annual bonuses paid to the Executive omitting from the average any year in
which no bonus was paid (the “Annual Bonus”) and (y) a fraction, the
numerator of which is the number of days in the current fiscal year of the
Corporation through the Date of Termination, and the denominator of which is
365 (such product, the “Pro-rated Bonus Obligation”), and (iii) any other
amounts or benefits owing to the Executive under the then applicable employee
benefit plans or policies of the Corporation, including an employee benefit
plan qualified under Section 401(a) of the Internal Revenue Code of 1986, as
amended (the “Code”) (collectively, an Employee Benefit Plan”), with such
amounts to be paid in accordance with the terms of such Employee Benefit
Plans (such amounts specified in clauses (i), (ii) and (iii) are hereinafter
referred to as “Accrued Obligations”). Except in the case of payments due to
the Executive under any Employee Benefit Plan, all such Accrued Obligations
shall be paid to the Executive or Executive’s legal representatives, as
applicable, in a lump sum in cash within 30 days of the Date of Termination.
Anything in this Agreement to the contrary notwithstanding, the Executive’s
family shall be entitled to receive benefits at least equal to the most
favorable level of benefits available to surviving families of executives of
the Corporation and its affiliates under such plans, programs and policies
relating to family death benefits, if any, of the Corporation and its
affiliates in effect at any time during the 90-day period immediately
preceding the Effective Date. For purposes of this Section 7(a), Disability
shall mean the Executive (i) is unable to engage in any substantial gainful
activity by reason of any medically determinable physical or mental
impairment which can be expected to result in death or can be expected to
last for a continuous period of not less than 12 months, (ii) is, by reason
of any medically determinable physical or mental impairment which can be
expected to result in death or can be expected to last for a continuous
period of not less than 12 months, receiving income replacement benefits for
a period of not less than 3 months under an accident and health plan
sponsored by the Corporation and which covers employees of the Corporation or
(iii) is determined to be totally disabled by the Social Security
Administration”
	 
	 	(e)	 	Section 7(b) of the Employment Protection Agreement is hereby
deleted in its entirely and replaced with the following:
	 
	 	 	 	     “(b) CAUSE AND VOLUNTARY TERMINATION. If, during the Employment
Period, the Executive’s employment shall be terminated for Cause or
voluntarily terminated by the Executive (other than on account of Good
Reason), the Corporation shall pay the Executive the Accrued Obligations
other than the Pro-rated Bonus Obligation. Except in the case of payments
due to the Executive under any Employee Benefit Plan, which

 

 

	 	 	 	payments shall be governed by the terms thereunder, the Executive shall be
paid all such Accrued Obligations in a lump sum in cash within 30 days of the
Date of Termination and the Corporation shall have no further obligations to
the Executive under the Agreement.”

	 	(f)	 	The last paragraph of Section 7(c)(i)(B) shall be restated as
follows:
	 
	 	 	 	“provided, however, that with respect to the medical insurance coverage
referred to in Section 5(d) of this Agreement, at the Executive’s election
made within 15 days after the Date of Termination, in lieu of paying the lump
sum amount attributable to such medical insurance coverage, the Corporation
shall provide the benefits described in clause (ii) below; and”
	 
	 	(g)	 	Section 7(c)(i)(C) of the Agreement shall be deleted in its
entirety.
	 
	 	(h)	 	Section 7(c)(ii) of the Agreement shall be restated as follows:
	 
	 	 	 	“ (ii) Continuation of Certain Welfare Plan Benefits. At the election of
the Executive, in lieu of the lump sum amount attributable to medical
coverage described in Section 7(d)(i)(B)(3) of this Agreement, the
Corporation shall (i) pay to Executive a lump sum equal to one half the
annual cost (as determined in such Section 7(d)(i)(B)(3)) of such medical
coverage and (ii) maintain at its expense for the continued benefit of the
Executive and his dependents all medical plans described in paragraph 5(d) of
this Agreement, or if continued participation is not possible under the terms
of such plans, the Corporation shall provide the Executive and his dependents
with benefits equivalent to those they were receiving under such medical
plans prior to the Effective Time, such benefits to be provided at the
Corporation’s expense by means of individual insurance policies, or if such
policies cannot be obtained, from the Corporation’s assets, all such benefits
to be provided, whether from the Corporation’s welfare benefit plans,
individual insurance policies or the Corporation’s general assets, from the
Date of Termination until the earlier of (i) the end of the eighteen month
period immediately following the Date of Termination or (ii) the Executive’s
normal retirement date under the Corporation’s retirement plans as in effect
from time to time.
	 
	 	 	 	The medical benefits required to be provided pursuant to this Section
7(d)(ii) are not intended to be a substitute for any extended coverage
benefits (“COBRA Rights”) described in Section 4980B of the Code, and such
COBRA Rights shall not commence until the period of coverage specified in the
immediately preceding sentence comes to an end.”
	 
	 	(i)	 	A new Section 9(e) is added to the Employment Protection
Agreement, which shall provide as follows:
	 
	 	 	 	“(e) Any “Gross-Up Payment” due to the Executive under this Section 9 shall
be paid at such time as provided in this Section 9, but in no event later

 

 

	 	 	 	than December 31 of the year following the year (A) any tax is paid to the
Internal Revenue Service regarding this Section 9 or (B) any tax audit or
litigation brought by the Internal Revenue Service or other relevant taxing
authority related to this Section 9 is completed or resolved in accordance
with Section 1.409A-3(i)(1)(v) of the Treasury Regulations.”

	 	(j)	 	The following paragraph shall be inserted as a new Section 16
of the Agreement:

     “16. EFFECT
OF SECTION 409A.

          (a) It is intended that (1) each installment of the payments provided
under this Agreement is a separate “payment” for purposes of Section 409A of
the Code, and (2) that the payments satisfy, to the greatest extent possible,
the exemptions from the application of Section 409A of the Code provided
under of Sections 1.409A-1(b)(4), 1.409A-1(b)(9)(iii), and 1.409A-1(b)(9)(v)
of the Treasury Regulations. Notwithstanding anything to the contrary in
this Agreement, if the Corporation determines (i) that on the date
Executive’s employment with the Corporation terminates or at such other time
that the Corporation determines to be relevant, Executive is a “specified
employee” (as such term is defined under Section 409A of the Code and the
Treasury Regulations promulgated thereunder) of the Corporation and (ii) that
any payments to be provided to Executive pursuant to this Agreement are or
may become subject to the additional tax under Section 409A(a)(1)(B) of the
Code or any other taxes or penalties imposed under Section 409A of the Code
if provided at the time otherwise required under this Agreement then such
payments shall be delayed until the date that is six months (or such longer
period required under Section 409A of the Code, including such period, if
applicable, as may be required under Internal Revenue Notice 2010-6) after
date of Executive’s “separation from service” (as such term is defined under
Section 409A of the Code) with the Corporation, or, if earlier the date of
the Executive’s death. Any amounts delayed under this Section 16(a) shall be
paid on the first day of the seventh month following the Executive’s
termination of employment, or if earlier, the Executive’s death.

(b) Notwithstanding any other provision to the contrary, a termination of
employment shall not be deemed to have occurred for purposes of any provision
of this Agreement providing for the payment of “deferred compensation” (as
such term is defined in Section 409A of the Code and the Treasury Regulations
promulgated thereunder) upon or following a termination of employment unless
such termination is also a “separation from service” from the Corporation
within the meaning of Section 409A of the Code and Section 1.409A-1(h) of the
Treasury Regulations and, for purposes of any such provision of this
Agreement, references to a “separation,” “termination,” “termination of
employment” or like terms shall mean “separation from service.”

 

 

(c) Notwithstanding any other provision to the contrary, in no event shall
any payment under this Agreement that constitutes “deferred compensation” for
purposes of Section 409A of the Code and the Treasury Regulations promulgated
thereunder be subject to offset by any other amount unless otherwise
permitted by Section 409A of the Code.

(d) Notwithstanding any other provision to the contrary, to the extent that
any reimbursement (including expense reimbursements), fringe benefit or
other, similar plan or arrangement in which the Executive participates during
the term of his employment under this Agreement (including, to the extent
applicable Section 5(e) above) or thereafter provides for a “deferral of
compensation” within the meaning of Section 409A of the Code and the Treasury
Regulations promulgated thereunder, (i) the amount eligible for reimbursement
or payment under such plan or arrangement in one calendar year may not affect
the amount eligible for reimbursement or payment in any other calendar year
(except that a plan providing medical or health benefits may impose a
generally applicable limit on the amount that may be reimbursed or paid),
(ii) subject to any shorter time periods provided herein or the applicable
plans or arrangements, any reimbursement or payment of an expense under such
plan or arrangement must be made on or before the last day of the calendar
year following the calendar year in which the expense was incurred, and (iii)
the right to any reimbursement or in-kind benefit may not be subject to
liquidation or exchange for another benefit.”

(e) For the avoidance of doubt, any payment due under this Agreement within
a period following the Executive’s termination of employment, death,
Disability or other event, shall be made on a date during such period as
determined by the Corporation in its sole discretion.

(f) This Agreement shall be interpreted in accordance with, and the
Corporation and the Executive will use their best efforts to achieve timely
compliance with, Section 409A of the Code and the Treasury Regulations and
other interpretive guidance promulgated thereunder, including without
limitation any such regulations or other guidance that may be issued after
the effective date of this Agreement. Notwithstanding any provision of this
Agreement to the contrary, in the event that the Corporation determines that
any compensation or benefits payable or provided under this Agreement may be
subject to Section 409A of the Code, the Corporation may adopt such limited
amendments to this Agreement and appropriate policies and procedures,
including amendments and policies with retroactive effect, that Corporation
reasonably determines are necessary or appropriate to (i) exempt the
compensation and benefits payable under this Agreement from Section 409A of
the Code and/or preserve the intended tax treatment of the compensation and
benefits provided with respect to this Agreement or (ii) comply with the
requirements of Section 409A of the Code.

	 	3.	 	Full Force and Effect. Except as amended by this Amendment, the Employment
Protection Agreement, as originally executed by the parties, shall remain in full

 

 

	 	 	 	force and effect.

	 	4.	 	Counterparts. This Amendment may be executed in counterparts, each of which
shall be deemed and original, and all of which, taken together, shall constitute a
complete document.

     IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the date first above
written.

	 	 	 	 	 
	 	 	 
	 	 	 
	 	[Executive] 	 
	 
	 	GENESCO INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00171-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00171-of-00352.parquet"}]]