Document:

EX-10.6

 Confidential Treatment Requested by Levi Strauss & Co. 

Pursuant to 17 C.F.R. Section 200.83 
  

 Exhibit 10.6 

LEVI STRAUSS & CO. 

2016 EQUITY INCENTIVE PLAN 

PERFORMANCE VESTED 

RESTRICTED STOCK UNIT AWARD GRANT NOTICE 

Levi Strauss & Co. (the “Company”), pursuant to its 2016 Equity Incentive Plan (the “Plan”), hereby grants to
Participant a stock-settled Performance-vested Restricted Stock Unit Award, covering the number of performance-vested restricted stock units (the “PRSUs”) set forth below (the “Award”). This Award is evidenced by
and is subject to all of the terms and conditions of this Performance-vested Restricted Stock Unit Award Grant Notice (the “Grant Notice”), a Performance- vested Restricted Stock Unit Award Agreement (the “Award
Agreement”), the Plan, and the resolutions of the Board of Directors of the Company, dated [Date] (the “Board Resolutions”). This Award will be settled in shares of Common Stock only. 

 

			
	 Participant:
	  	
		
	 Employee ID:
	  	
		
	 Date of Grant:
	  	
		
	 Number of PRSUs at Target Performance (“Target PRSUs”):
	  	
		
	 Maximum Number of PRSUs:
	  	200% of the Target PRSUs
		
	 Performance Period:
	  	 Three-Year Period Comprised of Fiscal
 Years
[Year 1], [Year 2], [Year 3]

 Performance Goals: The actual number of PRSUs under this Award that will vest at the end of a three-year period will be
determined based on the level of achievement against the performance goals set forth in the Board Resolutions (the “Performance Goals”). In each case, the goals and the extent to which they have been achieved will be determined by
the Board of Directors, in its sole discretion. 
 Performance Vesting: To the extent that the Performance Goals described above are achieved and PRSUs
vest, as determined by the Board of Directors, then 100% of the earned PRSUs (which may range from zero to 200% of the Target PRSUs depending on achievement of the Performance Goals) shall vest on the date in [Year 3] that the Board of Directors
certifies attainment (the “Certification Date”), all subject to Continuous Service by Participant through the Certification Date, except as set forth in the Award Agreement. 

Additional Terms/Acknowledgements: The Participant, by receipt and acceptance of this Grant Notice, shall be deemed to have agreed to its terms and that this
Grant Notice, the Award Agreement and the Plan set forth the entire understanding between the Participant and the Company regarding the award of the PRSUs and supersede all prior oral and written agreements on that subject with the exception of
(i) awards previously granted and delivered to the Participant under the Plan, and (ii) the following agreements
only:                                       
     . 
  

			
	By:
                                         
                                   	  	Date:

  

 Confidential Treatment Requested by Levi Strauss & Co. 

Pursuant to 17 C.F.R. Section 200.83 
  

 PERFORMANCE VESTED RESTRICTED
STOCK UNIT AWARD AGREEMENT 
 Pursuant to your Performance-vested Restricted
Stock Unit Award Grant Notice (the “Grant Notice”) and this Performance-vested Restricted Stock Unit Award Agreement (the “Award Agreement”), Levi Strauss & Co. (the “Company”) has granted
you stock-settled performance-vested restricted stock units under its 2016 Equity Incentive Plan (the “Plan”) covering the number of Common Stock equivalents (“PRSUs”) as indicated in your Grant Notice
(collectively, the “Award”). Defined terms not explicitly defined in this Award Agreement but defined in the Plan shall have the same definitions as in the Plan. 

The details of your Award are as follows: 

1. VESTING. Subject to the conditions and limitations contained herein, your Award shall vest as provided in your Grant Notice, provided
that vesting shall cease upon the termination of your Continuous Service except as otherwise stated herein. 
 (a) RETIREMENT. In the
event of your Retirement (as defined below) that occurs at least 12 months after the Date of Grant set forth in the Grant Notice, you will be deemed to have remained in Continuous Service through the Certification Date set forth in the Grant Notice
and shall be eligible to receive payout with respect to your PRSUs to the extent that the Performance Goals set forth in the Grant Notice have been achieved and certified by the Board on the Certification Date (as defined in the Grant Notice). 

Solely for purposes of this Section 1(a), “Retirement” shall mean your termination of Continuous Service for any reason (other
than due to your misconduct as determined by the Company in its sole discretion) after you have (i) attained age 60 and completed at least five (5) years of Continuous Service or (ii) attained age 55 and completed at least ten
(10) years of Continuous Service. 
 2. NUMBER OF PRSUs. The number of PRSUs subject to your Award is set forth in your Grant
Notice. 
 3. SETTLEMENT AMOUNT. Each PRSU represents the right to receive one (1) share of Common Stock on the date the PRSUs
vest. 
 4. SETTLEMENT OF PRSUs. 

(a) PAYMENT. Subject to the provisions herein, the amount payable upon the settlement of your Award will be paid solely in shares of
Common Stock. 
 (b) SETTLEMENT OF PRSUs. Your Award shall be settled, to the extent vested, in shares of Common Stock within thirty
(30) days following the Certification Date. In the event that the vesting of your Award is accelerated in accordance with Section 11 of the Plan, your Award will be settled at Target PRSUs, and to the extent required to comply with
Section 409A and avoid adverse tax treatment thereunder, your Award shall be settled within 30 days after the three-year anniversary of the Date of Grant set forth in the Grant Notice. 

(c) VALUATION OF COMMON STOCK. The Fair Market Value of the Common Stock for purposes of the Award shall be determined by the Board in
accordance with the procedures provided under the Plan. 
 (d) APPLICABLE WITHHOLDINGS. The settlement of your Award shall be subject
to applicable withholdings to satisfy the Company’s obligations to withhold amounts required by federal, state, local and foreign tax laws. In addition, such settlement may be subject to deferral or deduction on account of applicable employee
benefit plans of the Company. 

  

 Confidential Treatment Requested by Levi Strauss & Co. 

Pursuant to 17 C.F.R. Section 200.83 
  

 (1) At the time your Award is settled, or at any time thereafter as requested by the
Company, you hereby authorize withholding from payroll and any other amounts payable to you, and otherwise agree to make adequate provision for, any sums required to satisfy the federal, state, local and foreign tax withholding obligations of the
Company or an Affiliate, if any, which arise in connection with the settlement of your Award. 
 (2) Subject to approval by the Company, in
its sole discretion, and compliance with any applicable legal conditions or restrictions, the Company may withhold from shares of Common Stock otherwise issuable to you upon the settlement of your Award a number of whole shares of Common Stock
having a Fair Market Value, determined by the Company as of the date of settlement, not in excess of the minimum amount of tax required to be withheld by law (or such other amount as may be necessary to avoid adverse accounting treatment). 

(3) You may not receive settlement of your Award unless the tax withholding obligations of the Company and/or any Affiliate are satisfied.
Accordingly, you may not be able to receive settlement of your Award even though your Award is vested, and the Company shall have no obligation to issue a certificate for such shares of Common Stock or release such shares of Common Stock from any
escrow provided for herein unless such obligations are satisfied. 
 5. TERM. To the extent vested in accordance with Section 1
and settled pursuant to Section 4, such portion of your Award shall expire concurrently with such settlement of your Award, and to the extent not vested at the time of termination of your Continuous Service, your Award shall expire immediately
except as otherwise set forth herein. 
 6. SECURITIES LAW COMPLIANCE. Notwithstanding anything to the contrary contained herein, you
may not receive settlement of your Award unless either (i) the shares of Common Stock issuable upon such exercise are then registered under the Securities Act, or (ii) the Company has determined that such settlement and issuance would be
exempt from the registration requirements of the Securities Act. The settlement of your Award also must comply with other applicable laws and regulations governing your Award, and you may not receive settlement of your Award if the Company
determines that such settlement would not be in compliance with such laws and regulations. 
 7. TRANSFERABILITY. Your Award is not
transferable, except that shares of Common Stock vested and payable under your Award may be transferred by will or by the laws of descent and distribution. 

8. PUT RIGHT. Prior to an IPO Date, you, pursuant to the provisions of Section 8 of the Plan, shall have the right, but not the
obligation, to require the Company to repurchase any or all of the shares of Common Stock acquired pursuant to the settlement of your Award. 

9. CALL RIGHT. Prior to an IPO Date, the Company, pursuant to the provisions of Section 8 of the Plan, shall have the right, but
not the obligation, to repurchase all of the shares of Common Stock theretofore or thereafter acquired pursuant to the settlement of your Award. 

10. AWARD NOT A SERVICE CONTRACT. Your Award is not an employment or service contract, and nothing in your Award shall be deemed to
create in any way whatsoever any obligation on your part to continue in the employ of the Company or any Affiliate, or of the Company or an Affiliate to continue your employment or service. In addition, nothing in your Award shall obligate the
Company or an Affiliate, their respective stockholders, Boards of Directors, officers or employees to continue any relationship that you might have as a Director or Consultant for the Company or any Affiliate. 

  

 Confidential Treatment Requested by Levi Strauss & Co. 

Pursuant to 17 C.F.R. Section 200.83 
  

 11. PERSONAL DATA. You understand that your employer, the Company, or an Affiliate
hold certain personal information about you, including but not limited to your name, home address, telephone number, date of birth, national social insurance number, salary, nationality, job title, and details of all shares of Common Stock granted,
cancelled, vested, unvested, or outstanding (the “Personal Data”). Certain Personal Data may also constitute “Sensitive Personal Data” within the meaning of applicable local law. Such data include but are not limited to
Personal Data and any changes thereto, and other appropriate personal and financial data about you. You hereby provide express consent to the Company or an Affiliate to process any such Personal Data and Sensitive Personal Data. You also hereby
provide express consent to the Company and/or an Affiliate to transfer any such Personal Data and Sensitive Personal Data outside the country in which you are employed or retained, including the United States. The legal persons for whom such
Personal Data are intended are the Company and any broker company providing services to the Company in connection with the administration of the Plan. You have been informed of your right to access and correct your Personal Data by applying to the
Company representative identified on the Grant Notice. 
 12. ADDITIONAL AGREEMENTS AND ACKNOWLEDGEMENTS. You hereby agree and
acknowledge that: 
 (a) The rights and obligations of the Company with respect to your Award shall be transferable to any one or more
persons or entities, and all covenants and agreements hereunder shall inure to the benefit of, and be enforceable by the Company’s successors and assigns. 

(b) You agree upon request to execute any further documents or instruments necessary or desirable in the sole determination of the Company to
carry out the purposes or intent of your Award. 
 (c) You have reviewed your Award in its entirety, have had an opportunity to obtain the
advice of counsel prior to executing and accepting your Award and fully understand all provisions of your Award. 
 (d) You will not question
or contest in any way, whether pursuant to legal proceedings or otherwise, the Board’s determination of the Fair Market Value of Common Stock, whether for purposes of determining the amount payable on exercise of your put right or the
Company’s call right pursuant to Section 8 of the Plan or otherwise. 
 (e) You will not question or contest in any way, whether
pursuant to legal proceedings or otherwise, the Company’s determination, pursuant to Section 8(e) of the Plan, to (i) reject, in whole or in part, your exercise of a put right or (ii) not exercise, in whole or in part, the
Company’s call right. 
 (f) This Agreement shall be subject to all applicable laws, rules, and regulations, and to such approvals by
any governmental agencies or national securities exchanges as may be required. 
 (g) All obligations of the Company under the Plan and this
Agreement shall be binding on any successor to the Company, whether the existence of such successor is the result of a direct or indirect purchase, merger, consolidation, or otherwise, of all or substantially all of the business and/or assets of the
Company. 
 (h) Participation in the Plan is voluntary, and therefore, you must accept the terms and conditions of the Plan and this Award as
a condition to participate in the Plan and receive this Award. 
 (i) The Plan is discretionary in nature and the Company can amend, cancel,
or terminate it at any time. 

  

 Confidential Treatment Requested by Levi Strauss & Co. 

Pursuant to 17 C.F.R. Section 200.83 
  

 (j) This Award and any other awards under the Plan are voluntary and occasional and do not
create any contractual or other right to receive future awards or other benefits in lieu of future awards, even if similar awards have been granted repeatedly in the past. 

(k) All determinations with respect to any such future awards, including, but not limited to, the time or times when such awards are made, the
number of shares of Common Stock or PRSUs subject to such Awards, and the performance and other conditions applied to the Awards will be at the sole discretion of the Company. 

(l) The value of the shares of Common Stock and this Award are an extraordinary item of compensation, which is outside the scope of your
employment or service contract, if any. 
 (m) The shares of Common Stock, this Award, or any income derived therefrom are a potential bonus
payment not paid in lieu of any cash salary compensation and not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any termination, severance, resignation, redundancy, end of service
payments, bonuses, long-service awards, life or accident insurance benefits, pension or retirement benefits or similar payments. 
 (n) In
the event of the termination of your Continuous Service prior to the vesting of this Award (or a portion thereof), your eligibility to receive shares of Common Stock under this Award (or portion thereof) or the Plan, if any, will terminate effective
as of the date that you are no longer actively employed or retained regardless of any reasonable notice period mandated under local law, except as expressly provided in this Award Agreement. 

(o) In the event of the termination of your Continuous Service for Cause, the Company, in its sole discretion, may, in accordance with
Section 7(b)(vi) of the Plan, rescind any transfer of Common Stock to you that vested within six (6) months prior to such termination of Continuous Service or demand that you pay over to the Company the proceeds received by you upon the
sale, transfer or other transaction involving the Common Stock in such manner and on such terms and conditions as the Company may require, and the Company shall be entitled to set-off against the amount of
such proceeds any amount you owe to the Company to the fullest extent permitted by law. 
 (p) The future value of the shares of Common Stock
is unknown and cannot be predicted with certainty. No right to present or future ownership of Common Stock is granted pursuant to this Award; this Award is settled in shares of Common Stock only. 

(q) No claim or entitlement to compensation or damages arises from the termination of this Award or diminution in value of the shares of Common
Stock, and you irrevocably release the Company and its Affiliates, from any such claim that may arise. 
 (r) The Plan and this Award set
forth the entire understanding between you, the Company and any Affiliate regarding the acquisition of the shares of Common Stock and supersede all prior oral and written agreements pertaining to this Award. 

13. NOTICES. Any notices provided for in your Award or the Plan shall be given in writing and shall be deemed effectively given upon
receipt or, in the case of notices delivered by mail by the Company to you, five (5) days after deposit in the United States mail, postage prepaid, addressed to you at the last address you provided to the Company. 

14. HEADINGS. The headings of the Sections in this Agreement are inserted for convenience only and shall not be deemed to constitute a
part of this Agreement or to affect the meaning of this Agreement. 

  

 Confidential Treatment Requested by Levi Strauss & Co. 

Pursuant to 17 C.F.R. Section 200.83 
  

 15. SEVERABILITY. If all or any part of this Agreement or the Plan is declared by any
court or governmental authority to be unlawful or invalid, such unlawfulness or invalidity shall not invalidate any portion of this Agreement or the Plan not declared to be unlawful or invalid. Any Section of this Agreement (or part of such a
Section) so declared to be unlawful or invalid shall, if possible, be construed in a manner which will give effect to the terms of such Section or part of a Section to the fullest extent possible while remaining lawful and valid. 

16. GOVERNING PLAN DOCUMENT. Your Award is subject to all the provisions of the Plan, the provisions of which are hereby made a part of
your Award, and is further subject to all interpretations, amendments, rules and regulations, which may from time to time be promulgated and adopted pursuant to the Plan. In the event of any conflict between the provisions of your Award and those of
the Plan, the provisions of the Plan shall control. 
 [End of Performance Vested Restricted Stock Unit Award Agreement]EX-10.9

 Confidential Treatment Requested by Levi Strauss & Co. 

Pursuant to 17 C.F.R. Section 200.83 
  

 LEVI STRAUSS & CO. 

EXCESS BENEFIT RESTORATION PLAN 
  

 

AS AMENDED AND RESTATED 

SECTION 1 - PREAMBLE 
 On
November 29, 1976, Levi Strauss & Co. (the “Company”) established the Levi Strauss & Co. Benefit Restoration Plan (the “Plan”). The Company intended the Levi Strauss & Co. Benefit
Restoration Plan to restore benefits under the Company’s tax-qualified employee retirement benefit plans to the extent such benefits were reduced due to the limits of Section 415 of the Internal
Revenue Code of 1954, as amended. The Company intended the Levi Strauss & Co. Benefit Restoration Plan to be an “excess benefit plan” as defined in Section 3(36) of the Employee Retirement Income Security Act of 1974, as
amended (“ERISA”), and to be an unfunded plan maintained primarily for the purpose of providing deferred compensation for a select group of management or highly compensated employees (a “Top Hat Plan”), as described
in Section 401(a)(1) of ERISA. Effective November 27, 1989, the Company amended and restated the Levi Strauss & Co. Benefit Restoration Plan and renamed it the Levi Strauss Associates Inc. Excess Benefit Restoration Plan. The
Company amended the Plan from time to time thereafter, and renamed it the Levi Strauss & Co. Excess Benefit Restoration Plan. 
 By
this instrument, the Company hereby amends and restates the Plan to: (i) incorporate all of the amendments to the Plan that the Company adopted since November 27, 1989; (ii) reflect that this Plan is intended exclusively to provide
benefits in excess of those provided under the Employee Savings and Investment Plan of Levi Strauss & Co. as described in Section 4.1. This Plan describes the terms and conditions for benefits since November 27, 1989 (the
“Effective Date”). The Company intends this Plan to constitute a Top Hat Plan. 
 SECTION 2 - DEFINITIONS 

2.1 “Committee” means the Administrative Committee of Retirement Plans. 

2.2 “ESIP” means the Employee Savings and Investment Plan of Levi Strauss & Co. 

2.3 “Eligible Employee” means each employee of the Company or any of its subsidiaries who is eligible for the Levi
Strauss & Co. Management Incentive Program. 
 2.4 “Participant” means an Eligible Employee who meets
the requirements for participation under Section 3. 
 SECTION 3 - PARTICIPATION 

3.1 Each individual who has an accrued benefit under the Plan on the Effective Date shall be a Participant. 

3.2 Each Eligible Employee who is entitled to an allocation of contributions under Section 4.1 shall be a Participant. 

  
 1 

  

 Confidential Treatment Requested by Levi Strauss & Co. 

Pursuant to 17 C.F.R. Section 200.83 
  

 3.3 Any individual who is otherwise deemed to be a Participant pursuant to this
Section 3 may elect not to participate in the Plan by written notice to the Committee whereby he waives all present and future rights to benefits under the Plan. 

3.4 Notwithstanding any provision of this Plan to the contrary, the Company may restrict participation in the Plan to the extent it
deems necessary for the Plan to qualify as a Top Hat Plan. 
 SECTION 4 - AMOUNT OF PLAN BENEFITS 

4.1 Excess Benefit. The amount of the benefit payable to or in respect of an Eligible Employee shall be the
difference between the aggregate amount of contributions which would have been allocated for plan years beginning before November 26, 1990, in respect of the Eligible Employee under the ESIP without regard to the limit imposed by Section 415 of
the Code, and the aggregate amount of contributions actually allocated in respect of such Eligible Employee thereunder, adjusted to reflect performance adjustments in accordance with Section 4.2 below; provided, however, that to the extent such
amount would have consisted of pre-tax or post-tax employee contributions, such amount will be credited hereunder only to the extent the Eligible Employee executed a
salary reduction agreement in a form suitable to the Committee. For purposes of determining performance adjustments hereunder, amounts payable pursuant to this Section 4.1 shall be deemed to be subject to the applicable performance standard as
of the date such amounts would have been allocated under the ESIP but for the limit imposed by Section 415 of the Code. 
 4.2
Performance Adjustments. Performance adjustments with respect to benefits described in Section 4.1 above shall be determined pursuant to paragraph (a) below, except to the extent that the Committee offers, and
the Participant elects, alternative measurement standards pursuant to paragraph (b) below. 
 (a) The performance adjustment pursuant to
this paragraph (a) shall be interest, computed monthly, at a rate determined by the Committee equal to the reference rate charged for commercial loans by the Bank of America N.T. & S.A. on the last day of each such month. 

(b) The Committee may, but is not required to, offer one or more measurement standards in addition to the standard described in paragraph
(a) above. Such alternative measurement standards offered by the Committee may include standards which have different potential for risk and return and could result in reductions in value of the Plan benefits of a Participant who elects such
standards. The determination of such standards, terms and conditions for electing such standards and receiving credits for gains and losses attributable to such standards, shall be in the sole discretion of the Committee. 

4.3 Vesting. Benefits described in Section 4 shall be vested only to the same extent that such benefits
would have been vested pursuant to the terms of the ESIP. 
 SECTION 5 - PAYMENT OF BENEFIT 

5.1 Except as provided below, benefits shall be paid to the Participant, his surviving spouse or his beneficiary (as applicable) at the
same time or times, in the same form, and subject to any applicable adjustments, as his benefit under the ESIP. Except as provided in Sections 5.2 and 5.3, benefits shall not be paid in the form of a single lump sum without the Committee’s
express consent. If the Committee does not consent to a lump sum distribution, the Participant may elect to have the benefit paid in any other form available under the ESIP. 

  
 2 

  

 Confidential Treatment Requested by Levi Strauss & Co. 

Pursuant to 17 C.F.R. Section 200.83 
  

 5.2 If a Participant’s employment is terminated for any reason and the present
value of such Participant’s vested benefit under the Plan is $50,000 or less, such Participant’s vested benefit shall be paid in a lump sum, and such payment shall extinguish the Participant’s right to a benefit under the Plan. For
purposes of this Section, the present value of the benefit of any Participant shall be determined by the Committee in a uniform and nondiscriminatory manner. 

5.3 The foregoing provisions of this Section 5 notwithstanding, the Committee may allow a Participant to elect that his benefit
described in Sections 4.1 be paid in any form permitted by the Committee, provided that such election is: (i) made in writing; (ii) irrevocable; and (iii) submitted to the Committee at least 12 months before the Participant’s
benefit under the ESIP commences. In the event that the Participant’s benefit under such defined contribution plans commences sooner than 12 months after the Participant’s election described in the prior sentence for reasons other than the
Participant’s death, such benefit shall be payable pursuant to the provisions of Section 5.1 above. 
 SECTION 6 - DETERMINATION OF
BENEFICIARIES 
 With respect to any component of a benefit payable under the Plan, a Participant’s beneficiary shall be the
person or persons so designated in writing by the Participant or, if no such person is so designated, the Participant’s estate. 
 SECTION 7 -
SOURCE OF PAYMENT 
 All payments of benefits hereunder shall be paid in cash from the general funds of the Company, and no special
or separate fund shall be established, nor other segregation of assets made, to assure such payments; provided, however, that the Company may establish a bookkeeping reserve to meet its obligations hereunder. Nothing in the Plan, nor any action
taken pursuant to the provisions of the Plan, shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Company or the Committee and any employee or other person. If any employee or other person acquires a
right to receive payments from the Company under the Plan, such right shall be no greater than the right of any unsecured general creditor of the Company. 

SECTION 8 - ADMINISTRATION OF THE PLAN 

The Plan shall be administered by the Committee, which shall have full power, discretion and authority to interpret, construe and administer
the Plan and any part thereof, and the Committee’s interpretation and construction thereof, and actions thereunder, shall be binding and conclusive on all persons for all purposes; provided, however, that no member of the Committee shall
participate in a determination in respect of the benefit of such member or such member’s family. 
 SECTION 9 - AMENDMENT 

The Plan may be amended, suspended or terminated, in whole or in part, by the Board of Directors of the Company, but no such action shall
retroactively impair or otherwise adversely affect the rights of any person to benefits under the Plan that accrued prior to the date of such action, as determined by the Committee. 

  
 3 

  

 Confidential Treatment Requested by Levi Strauss & Co. 

Pursuant to 17 C.F.R. Section 200.83 
  

 SECTION 10 - GENERAL PROVISIONS 

10.1 The right of any Participant or other person to the payment of benefits under the Plan may not be assigned, transferred, pledged or
encumbered, either voluntarily or by operation of law, except as provided in Section 6 above with respect to determination of beneficiaries, Section 11 with respect to qualified domestic relations orders, or as provided below. If any
person shall attempt to, or shall, assign, transfer, pledge or encumber any amount payable hereunder, or if by reason of his bankruptcy or other event happening at any time any such payment would be made subject to his debts or liabilities, or would
otherwise devolve upon anyone else and not be enjoyed by him or his beneficiary, the Committee may, in its sole discretion, terminate his interest in any such payment and direct that the same be held and applied to, or for the benefit of, such
person, his spouse, children or other dependents, or any other persons deemed to be the natural objects of his bounty, or any of them, in such manner as the Committee may deem proper. 

10.2 If the Committee shall find that any person to whom any payment is payable under the Plan is unable to care for his affairs because
of illness or accident, or is a minor, then any payment due (unless a prior claim therefor shall have been made by a duly appointed guardian, committee or other legal representative) may be paid to his spouse, a child, a parent, or sibling, or any
other person deemed by the Committee to have incurred expenses for such person otherwise entitled to payment, in such manner and proportions as the Committee may determine. Any such payment shall be a complete discharge of the liabilities of the
Company under the Plan. 
 10.3 The Committee shall make appropriate arrangements for satisfaction of any federal or state payroll
withholding tax required upon the accrual or payment of any Plan benefits. 
 10.4 Neither the Plan, nor any action taken hereunder,
shall be construed as giving to any employee the right to be retained in the employ of the Company or any of its subsidiaries, or as affecting the right of the Company or any of its subsidiaries to dismiss any employee. 

10.5 The captions preceding the sections hereof have been inserted solely as a matter of convenience, and in no way define or limit the
scope or intent of any provisions hereof. 
 10.6 The Plan and all rights thereunder shall be governed by, and construed in accordance
with, the laws of the State of California to the extent Federal laws do not control. 
 10.7 Whenever used in the Plan, the masculine
gender includes the feminine. 
 SECTION 11 - QUALIFIED DOMESTIC RELATIONS ORDER 

Any other provision of this Plan notwithstanding, a Participant’s benefit under the Plan shall be payable to any “alternate
payee,” as such person is defined in Section 414(p)(8) of the Code, as provided in a domestic relations order with respect to the Plan, which would constitute a qualified domestic relations order within the meaning of
Section 414(p)(1)(A) of the Code, if the Plan were subject to Section 414(p) of the Code. Determinations under this Section 11, including but not limited to determination of whether an order would constitute a qualified domestic
relations order, shall be made by the Committee, or its designee, in its sole discretion. The rights of any alternate payee hereunder are subject to the provisions of the Plan as administered with respect to alternate payees, and the Committee may
require an alternate payee to acknowledge that his or her rights are subject to such provisions. 
 * * * 

  
 4 

  

 Confidential Treatment Requested by Levi Strauss & Co. 

Pursuant to 17 C.F.R. Section 200.83 
  

 IN WITNESS WHEREOF, LEVI STRAUSS & CO. has caused this Plan to be executed by
its duly authorized officer, as of this              day of             , 2006. 

 

			
	LEVI STRAUSS & CO.
		
	By:	 	/s/ Fred Paulenich
	
	Its: Senior Vice President, Worldwide Human Resources

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