Document:

EX-10.25

 Exhibit 10.25 

 
 

 
 December 10, 2012 

Harmit Singh 
 100 East Huron St, Unit # 4803 

Chicago, IL 60611 
 Dear Harmit: 

I am delighted to confirm our offer of employment to join Levi Strauss & Co. (LS&Co.) as Executive Vice President & Chief Financial
Officer, reporting to me. Your start date is to be January 16th, 2013. The details of our offer are as follows: 

Work Location 
 Your work location will be San
Francisco, CA. 
 Salary 
 Your starting salary
will be $12,987 per week (approximately $675,000.00 per year). This position is assigned to the Executive Band in the company’s compensation program. 

Annual Incentive Plan 
 Your target participation
in the Annual Incentive Program (AIP) is 80% of your base salary, with a 2013 target value of $540,000. AIP awards are prorated based on date of hire. This payment will be made in the first quarter of 2014. A detailed explanation of the program is
included with this letter. 
 Long Term Incentive – Stock Appreciation Rights 

You will participate in the Company’s Equity Incentive Plan each year. For 2013, you are entitled to receive Stock Appreciation Rights (SARs) with a total
target value of $1,300,000.00. This grant would be made in February 2013, subject to Board approval. Should the terms of the Equity Incentive Plan or SAR program change prior to that date, your $1,300,000 target will not change. 

Signing Bonus 
 You will receive a one-time signing bonus of $250,000.00 (less applicable taxes), paid within 30 days of your hire date. 
 This signing
bonus is offered in anticipation of the contributions you will make to our business over time. In the event that you resign before completing twenty-four (24) months of employment, or you are terminated for cause before twenty-four
(24) months of employment, you will be required to repay the prorated, remaining balance of your signing bonus. Any such repayment may be deducted in whole or in part from any final payments due to you. 

We will provide you with our standard a Signing Bonus Acknowledgment and Payback Agreement. Please sign and return the Payback Agreement. 

 Singh - 2 

Benefits 
 Our offer also includes participation in
our flexible benefits program. There are a number of benefit options available to you in the areas of health care and life insurance, as well as our long term savings programs which provide important tax advantages for your savings. 

You are eligible to participate in the executive perquisite programs associated with a position at your level. The total benefit of these programs, including
parking and the perquisite cash allowance, is approximately $15,000.00. The value of the perquisite cash allowance is $15,000.00 per year, paid out to you in two installments each year. The first payment is in January and the second is in June. 

You are eligible to accrue three (3) weeks of TOPP (Time Off with Pay Program) during your first year of employment. We will make an exception and offer
you an additional week of TOPP in your first year, banked in full at date of hire. 
 Relocation 

You are eligible for relocation benefits to facilitate the move to the San Francisco area. A summary will be provided to you from Veronica Harris, Mobility
Services. She will assist in the coordination of your relocation. Veronica can be reached at ______________. 
 The above describes some of the terms of
Levi Strauss and Co.’s compensation and benefit programs, which may be updated periodically. The official documents govern in all cases. Questions about your compensation, benefits or other Human Resources related issues may be directed to Dan
Suffoletta, Vice President, HR Services at                                 . 

Worldwide Code of Business Conduct 

LS&Co.’s Worldwide Code of Business Conduct (WCOBC) sets out basic principles to guide all employees of the Company on how LS&Co. conducts
business, while at the same time provides helpful guideposts for behavior while on the job. Compliance with the WCOBC is a fundamental condition of employment, and employees are required to sign a Statement of Commitment agreeing to abide by the
principles set forth in the document. LS&Co.’s WCOBC is available for review on our website at http://www.levistrauss.com/careers/culture. 

Severance 
 You are eligible to receive severance
under the terms of the Company’s Executive Severance Plan, which may be amended at any time as set forth in the Plan. A summary of those terms is attached hereto, and is qualified in its entirety by the full policy which you have received. 

Other 
 You will need to provide evidence that you
are legally authorized to work in the United States. Please refer to the attached sheet for the type of evidence required according to the government’s I-9 regulations. Your employment is specifically
conditioned upon your providing this information within 72 hours of your start date. 
 LS&Co. expects your association with the company will be
mutually beneficial. Nonetheless, LS&Co. is an “at-will employer,” which means you or LS&Co. can terminate your employment at LS&Co. at any time with or without cause, and with or without
notice. Only the President, Chief Executive Officer or Senior Vice President Human Resources can authorize an employment agreement to the contrary and then such employment agreement must be in writing. 

 Singh - 3 

Harmit, we are very excited about you joining the company. We are confident that you will make a valuable contribution to LS&Co.’s business. 

Sincerely, 
 Chip Bergh 

President and Chief Executive Officer 
  

					
			
	/s/ Harmit Singh	 		 	December 10, 2012
	Signed:                                   
 Harmit
Singh                                        
	 		 	Date

 Attached: 
 Executive Severance
PlanEX-10.26

 Exhibit 10.26 

INDEMNIFICATION AGREEMENT 

THIS INDEMNIFICATION AGREEMENT (“Agreement”) is
entered into effective as of
                                        ,
by and between LEVI STRAUSS & CO., a Delaware corporation (the “Company”), and
                                        
(“Indemnitee”). [This Agreement amends and restates in its entirety that certain Indemnification Agreement dated as of
                                        ,
by and between the Company and Indemnitee.] 
 WHEREAS, the Amended and Restated Certificate of
Incorporation of the Company (the “Certificate of Incorporation”) authorizes the Company to provide indemnification of, and advancement of expenses to, directors to the fullest extent permitted by law and in accordance with
the Company’s Amended and Restated Bylaws (the “Bylaws”), and allows the Company to enter into indemnification agreements above and beyond the indemnification provided by the Certificate of Incorporation and Bylaws; 

WHEREAS, the Company desires to provide Indemnitee with specific contractual assurance of
Indemnitee’s rights to indemnification against litigation risks and expenses (regardless, among other things, of any amendment to or revocation of the Certificate of Incorporation or Bylaws or any change in the ownership of the Company or the
composition of the Company’s Board of Directors (the “Board of Directors”)); 

WHEREAS, the Company desires to attract and retain the services of highly qualified individuals, such as
Indemnitee, to serve the Company and, in part, in order to induce Indemnitee to continue to provide services to the Company, wishes to provide for the indemnification and advancing of expenses to Indemnitee to the maximum extent permitted by law;
and 
 WHEREAS, in view of the considerations set forth above, the Company desires that effective upon
the date referred to above, Indemnitee shall be indemnified by the Company as set forth herein. 
 NOW,
THEREFORE, the Company and Indemnitee hereby agree as follows: 

1.       INDEMNIFICATION. 

(a)    General Indemnification. The Company shall indemnify Indemnitee to the fullest extent permitted by law
if Indemnitee was or is or becomes a party to or witness or other participant in, or is threatened to be made a party to or witness or other participant in, or is subpoenaed with respect to, a Claim by reason of an Indemnifiable Event against any
and all Losses or Expenses, including all interest, assessments and other charges paid or payable in connection with or in respect of such Losses or Expenses. 

(b)    Reviewing Party. The Reviewing Party shall determine whether Indemnitee shall be permitted to be
indemnified under applicable law. If there has been no determination by the Reviewing Party or if the Reviewing Party determines that Indemnitee substantively would not be permitted to be indemnified in whole or in part under applicable law,
Indemnitee shall have the right to commence litigation seeking an initial determination by the court or challenging any such determination by the Reviewing Party or any aspect thereof, including the legal or factual bases therefor, and the Company
hereby consents to service of process and to appear in any such proceeding. The parties agree that the Delaware Chancery court has exclusive jurisdiction to hear and determine all litigation commenced pursuant to this Section 1(b). 

  
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 (c)    Payment. Any payment of Losses or Expenses shall be
made by the Company as soon as practicable but in any event no later than ten (10) days after it has been determined pursuant to this Agreement that Indemnitee is entitled to indemnification. 

2.       EXPENSES; INDEMNIFICATION
PROCEDURE. 
 (a)    Advancement of Expenses. The Company shall advance
all Expenses actually and reasonably incurred by Indemnitee pursuant to Section 1(a) hereof in advance of the final disposition of any Claim. The advances to be made hereunder (an “Expense Advance”) shall be paid by the
Company to Indemnitee as soon as practicable but in any event no later than twenty (20) days after receipt by the Company of a written demand by Indemnitee therefor, which written demand shall include sufficient evidence of such Expenses in the
form of legal bills or similar documentation. With respect to Expense Advances incurred by Indemnitee in his or her capacity as a director (and not in any other capacity in which service was or is rendered by Indemnitee while a director, including,
without limitation, service to an employee benefit plan), the obligation of the Company to make an Expense Advance to Indemnitee pursuant to this Section 2(a) shall be subject to the condition that, if, when and to the extent that the Reviewing
Party determines that Indemnitee would not be permitted to be so indemnified under applicable law, the Company shall be entitled to be reimbursed by Indemnitee (who hereby agrees to reimburse the Company as promptly as practicable) for all such
amounts theretofore paid. Indemnitee shall not be required to reimburse the Company for any Expense Advance, until final judicial determination, if applicable, is made with respect thereto (as to which all rights of appeal therefrom have been
exhausted or lapsed). Indemnitee’s obligation to reimburse the Company for any Expense Advance shall be unsecured and no interest shall be charged thereon. 

(b)    Notice of Claim; Cooperation by Indemnitee. Promptly after receipt by Indemnitee of any notice
or document respecting the commencement of a Claim naming or involving Indemnitee and relating to an Indemnifiable Event with respect to which Indemnitee may be entitled to indemnification or an Expense Advance pursuant to this Agreement, Indemnitee
shall notify the Company promptly of such receipt; provided, however, that a failure by Indemnitee to provide such notice in accordance with this Section 2(b) shall not affect Indemnitee’s rights to receive any
indemnification or Expense Advances hereunder unless and to the extent that the Company did not otherwise receive notice of such Claim and such failure of Indemnitee to provide such notice results in the forfeiture by the Company of substantial
rights and defenses. Notice to the Company shall be directed to the Chief Executive Officer of the Company, with a copy to the Company’s Secretary, at the address shown on the signature page of this Agreement (or such other address as the
Company shall designate in writing to Indemnitee). In addition, Indemnitee shall give the Company such information and cooperation as it may reasonably require and as shall be within Indemnitee’s power in order to assess and respond to such
Claim. 
 (c)    Request for Indemnification or Expense Advances. Indemnitee shall, as a
condition to Indemnitee’s right to be indemnified or receive Expense Advances under this Agreement, submit a written request, including therein or therewith such documentation and information as is reasonably available to the Indemnitee and is
reasonably necessary to determine whether and to what extent the Indemnitee is entitled to indemnification. Upon such written request by the Indemnitee, a determination, if required by applicable law, with respect to the Indemnitee’s
entitlement thereto shall be made by the Reviewing Party. If any Losses or Expenses are not paid in full by the Company within thirty (30) days after such written request has been delivered to the Company in accordance with this
Section 2(c), the Indemnitee may at any time thereafter bring suit against the Company to recover the unpaid amount of such Losses or Expenses and, if successful in whole or in part, the Indemnitee shall be entitled to be paid also the expense
of prosecuting such action. 

  
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 (d)    Notice to Insurers. If, at the time of the receipt
by the Company of a written request for indemnification pursuant to Section 2(c) hereof, the Company, or any affiliate of the Company, has liability insurance in effect which may cover such Claim, the Company shall as promptly as practicable,
if it has not already done so, give notice of the commencement of such Claim to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter use its reasonable best efforts to cause such insurers
to pay, on behalf of the Indemnitee, all amounts payable as a result of such action, suit, proceeding, inquiry or investigation in accordance with the terms of such policies. 

(e)    No Presumptions; Burden of Proof. For purposes of this Agreement, the termination of any Claim by
judgment, order, settlement (whether with or without court approval) or conviction, or upon a plea of nolo contendere, or its equivalent, shall not create a presumption that Indemnitee did not meet any particular standard of conduct or have any
particular belief or that a court has determined that indemnification is not permitted by applicable law. In addition, it shall be a defense to any such action by the Indemnitee to recover any unpaid amount of Losses or Expenses (other than an
action brought to enforce a claim for Losses or Expenses incurred in defending any proceeding in advance of its final disposition where the required undertaking, if any is required, has been tendered to the Company) that the Indemnitee has not met
the standard of conduct which makes it permissible under the Delaware General Corporation Law to indemnify the Indemnitee for the amount claimed, but the burden of proving such defense shall be on the Company. Neither the failure of the Company
(including its directors who are not parties to such action, a committee of such directors, Independent Legal Counsel or its stockholders) to have made a determination prior to the commencement of such action that indemnification of the Indemnitee
is proper in the circumstances because he or she has met the applicable standard of conduct set forth in the Delaware General Corporation Law, nor an actual determination by the Company (including its directors who are not parties to such action, a
committee of such directors, Independent Legal Counsel or its stockholders) that the Indemnitee has not met such applicable standard of conduct, shall be a defense to the action or create a presumption that the Indemnitee has not met the applicable
standard of conduct. In connection with any determination by the Reviewing Party or otherwise as to whether the Indemnitee is entitled to be indemnified hereunder, the burden of proof shall be on the Company to establish that Indemnitee is not so
entitled. 
 (f)    Company Bound; Precluded. If a determination shall have been made pursuant to
Section 1(b) above that Indemnitee is entitled to indemnification, the Company shall be bound by such determination in any judicial proceeding commenced by Indemnitee to recover any unpaid Losses or Expenses. The Company shall be precluded from
asserting in any such judicial proceeding that the procedures and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in such proceeding that the Company is bound by all the provisions of this Agreement. 

(g)    Selection of Counsel. In the event the Company shall be obligated hereunder to pay the Losses or
Expenses of any Claim, the Company, if appropriate, shall be entitled to assume the defense of such Claim, with counsel approved by Indemnitee, which approval shall not be unreasonably withheld (“Retained Counsel”), upon the
delivery to Indemnitee of written notice of its election so to do. After delivery of such notice, approval of Retained Counsel by Indemnitee and the retention of Retained Counsel by the Company, the Company will not be liable to Indemnitee under
this Agreement for any fees of separate counsel (“Separate Counsel”) subsequently incurred by Indemnitee with respect to the same Claim; provided that, (i) Indemnitee shall have the right to employ Separate
Counsel in any such Claim at Indemnitee’s expense and (ii) if (A) the employment of Separate Counsel by Indemnitee has been previously authorized by the Company, (B) Indemnitee shall have reasonably concluded that there may be a
conflict of interest between the Company and Indemnitee in the conduct of any such defense, or (C) the Company shall not continue to retain Retained Counsel to defend such Claim, then the fees and expenses of Indemnitee’s Separate Counsel
shall be at the expense of the Company. The Company shall have the right to conduct such defense as it sees fit in its sole discretion, including the right to settle any claim against 

  
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 Indemnitee, without the consent of the Indemnitee; provided, however, that the Company shall
not settle any Claim requiring the admission of guilt or responsibility by Indemnitee without Indemnitee’s prior written consent, such consent to not be unreasonably withheld. 

(h)    Mandatory Payment of Expenses. Notwithstanding any other provision of this Agreement other than
Section 8 hereof, to the extent that Indemnitee has been successful on the merits or otherwise, including, without limitation, the dismissal of an action without prejudice, in defense of any Claim, issue or matter therein, Indemnitee shall be
indemnified against all Expenses actually and reasonably incurred by Indemnitee in connection therewith. 

3.       ADDITIONAL INDEMNIFICATION RIGHTS;
NONEXCLUSIVITY. 
 (a)    Scope. The Company hereby agrees to indemnify the Indemnitee
to the fullest extent permitted by law, notwithstanding that such indemnification may not be specifically authorized by the other provisions of this Agreement, the Company’s Certificate of Incorporation or
By-laws as now or hereafter in effect or by statute. In the event of any change after the date of this Agreement in any applicable law, statute or rule which expands the right of a Delaware corporation to
indemnify a member of its board of directors, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits afforded by such change. In the event of any change in any applicable law, statute or rule which
narrows the right of a Delaware corporation to indemnify a member of its board of directors, such change, to the extent not otherwise required by such law, statute or rule to be applied to this Agreement, shall have no effect on this Agreement or
the parties’ rights and obligations hereunder, except as set forth in Section 8(a) hereof. 

(b)    Nonexclusivity. The right to indemnification and Expense Advances provided by this Agreement shall be
in addition to any rights to which Indemnitee may be entitled under the Company’s Certificate of Incorporation, its By-laws, any other agreement, any vote of stockholders or disinterested directors, the
Delaware General Corporation Law, or otherwise. 
 4.       NO
DUPLICATION OF PAYMENTS. The Company shall not be liable under this Agreement to make any payment in connection with any Claim made against Indemnitee to the extent Indemnitee has
otherwise actually received payment (under any insurance policy, the Company’s Certificate of Incorporation or Bylaws, or otherwise) of the amounts otherwise indemnifiable hereunder. 

5.       PARTIAL INDEMNIFICATION. If Indemnitee
is entitled under any provision of this Agreement to indemnification by the Company for some or a portion of the Losses or Expenses incurred in connection with any Claim, but not, however, for all of the total amount thereof, the Company shall
nevertheless indemnify Indemnitee for the portion of such Losses or Expenses to which Indemnitee is entitled, including any Expenses advanced pursuant to the terms of this Agreement. 

6.       MUTUAL ACKNOWLEDGMENT. Both the Company
and Indemnitee acknowledge that in certain instances, Federal law or applicable public policy may prohibit the Company from indemnifying its directors under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company has
undertaken or may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court in certain circumstances for a determination of the Company’s right under public policy to
indemnify Indemnitee. 
 7.       LIABILITY
INSURANCE. To the extent the Company maintains liability insurance applicable to directors, Indemnitee shall be covered by such policies in such a manner as to provide Indemnitee the same rights and benefits as are
accorded to the most favorably insured of the Company’s directors. 

  
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8.       EXCEPTIONS. Any other provision herein to the contrary
notwithstanding, the Company shall not be obligated pursuant to the terms of this Agreement: 

(a)        Excluded Action or Omissions. To indemnify Indemnitee for acts, omissions or
transactions from which Indemnitee may not be relieved of liability under applicable law. 

(b)        Claims Initiated by Indemnitee. To indemnify Indemnitee with respect to
Claims initiated or brought voluntarily by Indemnitee and not by way of defense, except (i) with respect to actions or proceedings brought to establish or enforce a right to indemnification under this Agreement or any other agreement or
insurance policy or under the Company’s Certificate of Incorporation or Bylaws now or hereafter in effect relating to Claims for Indemnifiable Events, or (ii) in specific cases if the Company has joined in or the Board of Directors has
approved the initiation or bringing of such Claim or Indemnitee’s participation is required by applicable law. 

(c)        Lack of Good Faith. To indemnify Indemnitee with respect to any proceeding
instituted by Indemnitee to enforce or interpret this Agreement, if a court of competent jurisdiction determines that each of the material assertions made by the Indemnitee in such proceeding was not made in good faith or was frivolous. 

(d)        Claims Under Section 16. To indemnify Indemnitee with
respect to any Claim for an accounting of profits arising from the purchase and sale (or sale and purchase) by Indemnitee of securities of the Company in violation of Section 16 of the Exchange Act, or the rules and regulations promulgated
thereunder, or any similar successor statute, rules or regulations, or any similar provisions of state law. 

(e)        Personal Benefit. To indemnify Indemnitee with respect to any Claim based
upon or attributable to Indemnitee gaining in fact any personal profit or advantage to which Indemnitee is not entitled. 

(f)        Liable to Company. To indemnify Indemnitee with respect to any Claim in which
Indemnitee shall have been adjudged liable to the Company, unless and to the extent a court of competent jurisdiction shall determine that such indemnification may be made. 

9.       PERIOD OF LIMITATIONS.
No legal action shall be brought and no cause of action shall be asserted by or in the right of the Company against Indemnitee, Indemnitee’s estate, spouse, heirs, executors or personal or legal representatives after the expiration of three
years from the date of accrual of such cause of action, and any claim or cause of action of the Company shall be extinguished and deemed released unless asserted by the timely filing of a legal action within such three-year period; provided,
however, that if any shorter period of limitations is otherwise applicable to any such cause of action, such shorter period shall govern. 

10.    DEFINITIONS. For the purposes of this Agreement, the following terms
shall have the meaning assigned to them hereunder: 
 (a)        Change in
Control shall mean any event in which: 
 (i)    any “person” or
“group” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act or any successor provisions to either of the foregoing), including any group acting for the purpose of acquiring, holding, voting or disposing of
securities within the meaning of Rule 13d- 5(b)(1) under the Exchange Act, other than (a) a trustee or other fiduciary (acting in such capacity) holding securities under an employee benefit plan of the
Company or the voting trustee under the Voting Trust 

  
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Agreement, or (b) a Person owned directly or indirectly by the stockholders of the Company in substantially the same proportions as their ownership of stock of the Company, is or becomes the
“beneficial owner” (as defined in Rule 13d-3 under said Act), directly or indirectly, of securities of the Company representing more than 35% of the total voting power of the
Company’s then outstanding Voting Securities; or 
 (ii)    during any period of two consecutive years,
individuals who at the beginning of such period constitute the Board of Directors of the Company and any new directors whose election by the Board of Directors or nomination for election by the Company’s stockholders was approved by a vote of
at least three-fourths (314) of the directors then still in office who either were directors at the beginning of the period or whose election or nomination for election was previously so approved, cease for any reason to constitute a majority
thereof; or 
 (iii)    the sale, transfer, assignment, lease, conveyance or other disposition, directly or
indirectly, of all or substantially all the assets of the Company and its subsidiaries, considered as a whole (other than a disposition of assets as an entirety or virtually as an entirety to a subsidiary that is wholly owned by the Company or its
subsidiaries) shall have occurred, or the Company merges, consolidates or amalgamates with or into any other Person or any other Person merges, consolidates or amalgamates with or into the Company, in any event pursuant to a transaction in which the
outstanding Voting Securities of the Company are reclassified into or exchanged for cash, securities or other property, other than a transaction where: 

(1)    the outstanding Voting Securities of the Company are reclassified into or exchanged for other Voting
Securities of the Company or for Voting Securities of the surviving corporation or transferee; and 
 (2)    the
holders of the Voting Securities of the Company immediately prior to the transaction own, directly or indirectly, not less than a majority of the Voting Securities of the Company or the surviving corporation or transferee immediately after the
transaction and in substantially the same proportion as before the transaction; or 
 (iv)    the stockholders
of the Company approve a plan of liquidation or dissolution of the Company. 

(b)      Claim shall mean any threatened, pending or completed action, suit, proceeding,
arbitration, or alternative dispute resolution mechanism, or any hearing, inquiry, subpoena, or investigation that Indemnitee in good faith believes might lead to the institution of any action, suit, proceeding, arbitration or alternative dispute
resolution mechanism, whether civil, criminal, administrative, investigative or otherwise. 

(c)      Company shall mean and include, in addition to the Company and any successor
corporation, any constituent corporation (including any constituent of a constituent) absorbed in a consolidation or merger which, if its separate existence were continued, would have had power and authority to indemnify its directors, so that if
Indemnitee is or was a director of such constituent corporation, or is or was serving at the request of such constituent corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, employee benefit plan,
trust or other enterprise, Indemnitee shall stand in the same position under the provisions of this Agreement with respect to the resulting or surviving corporation as Indemnitee would have with respect to such constituent corporation if its
separate existence had continued. 
 (d)      Exchange Act means the Securities Exchange
Act of 1934, as amended. 

  
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 (e)    Expenses shall mean and include any and all
expenses, including attorneys’ fees, actually and reasonably incurred and all other costs, expenses and obligations actually and reasonably incurred in connection with investigating, defending, being a witness in or participating in (including
on appeal), or preparing to defend, be a witness in or participate in, any Claim or establishing or enforcing a right to indemnification under this Agreement. The term “Expenses” shall also include reasonable compensation, as determined by
the Company upon receipt of the requested rate of compensation and relevant written documentation supporting such rate by Indemnitee, for time spent by Indemnitee for which Indemnitee is not compensated by the Company or any subsidiary or third
party (i) for any period during which Indemnitee is not an agent, in the employment of, or providing services for compensation to, the Company or any subsidiary; and (ii) if the rate of compensation and estimated time involved is approved
by the directors of the Company who are not parties to any action with respect to which expenses are incurred, for Indemnitee while an agent of, employed by, or providing services for compensation to, the Company or any subsidiary. 

(f)    lndemnifiable Event shall mean any event or occurrence related to the fact that Indemnitee is
or was a director of the Company or is or was serving at the request of the Company as a director, officer, employee or agent of another corporation (including, without limitation, any subsidiary) or of a partnership, joint venture, trust or other
enterprise, including service with respect to employee benefit plans maintained or sponsored by the Company, or by reason of any action or inaction on the part of Indemnitee in such capacity. 

(g)    Independent Legal Counsel shall mean a law firm, a member of a law firm, or an independent
practitioner, that is experienced in matters of corporation law and shall include any person who, under the applicable standards of professional conduct then prevailing, would not have a conflict of interest in representing either the Company or the
Indemnitee in an action to determine the Indemnitee’s rights under this Agreement. 

(h)    Losses shall mean any amount which Indemnitee is legally obligated to pay as a result of any
Claim, including any and all liabilities and losses, fees, judgments, fines, Employee Retirement Income Security Act of 1974 (as amended) excise taxes or penalties, and any and all amounts paid or to be paid in settlement (if such settlement is
approved in advance by the Company, which approval shall not be unreasonably withheld) of any Claim, and any federal, state, local or foreign taxes imposed on the Indemnitee as a result of the actual or deemed receipt of any payments under this
Agreement. 
 (i)    Person means any individual, corporation, company (including any limited
liability company), association, partnership, joint venture, trust, unincorporated organization, government or any agency or political subdivision thereof or any other entity. 

(j)    Reviewing Party shall be (1) if requested by the Indemnitee or in connection with a
Change in Control of the Company, Independent Legal Counsel in a written opinion to the Board of Directors, a copy of which shall be delivered to Indemnitee, or (2) if otherwise, (i) the Board of Directors by a majority vote of directors
who are not parties to any such Claim, even though less than a quorum, or (ii) if there are no such directors, or if they so direct, by Independent Legal Counsel in a written opinion to the Board of Directors, a copy of which shall be delivered
to the Indemnitee, or (iii) if such directors so elect, the stockholders of the Company. In the event the Reviewing Party shall be Independent Legal Counsel, such Independent Legal Counsel shall be selected by the Board of Directors unless
there shall have occurred within two years prior to the date of the commencement of the Claim for which indemnification is claimed a Change in Control of the Company, in which case Independent Legal Counsel shall be selected by Indemnitee, unless
Indemnitee shall request that such selection be made by the Board of Directors. The Company agrees to pay the reasonable fees of Independent Legal Counsel and to fully indemnify such counsel against any and all expenses (including reasonable
attorneys’ fees), claims, liabilities and damages arising out of or relating to this Agreement or its engagement pursuant hereto. 

  
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 (k)    Voting Securities shall mean any securities
of the Company the holders of which are entitled to elect a majority of the Company’s directors. 

(l)    Voting Trust Agreement means the Voting Trust Agreement entered into as of April 15, 1996
by and among Robert D. Haas; Peter E. Haas, Sr.; Peter E. Haas, Jr.; and F. Warren Hellman as the original voting trustees and the stockholders of the Company who are parties thereto, as such agreement may be amended from time to time. 

11.    COUNTERPARTS. This Agreement may be executed in one or more
counterparts, each of which shall constitute an original. 
 12.    BINDING
EFFECT; SUCCESSORS AND ASSIGNS. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors
and assigns, including (a) 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 and (b) spouses, heirs, personal and legal
representatives, executors and administrators of Indemnitee. The Company shall use its reasonable best efforts to cause any successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to all, substantially all, or a
substantial part, of the business and/or assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company
would be required to perform if no such succession had taken place. This Agreement shall continue in effect regardless of whether Indemnitee continues to serve as a director of the Company or as a director, officer, employee or agent of any other
enterprise at the Company’s request. 
 13.    NOTICE. All notices,
requests, demands and other communications under this Agreement shall be in writing and shall be deemed duly given (i) if delivered by hand and signed for by the addressee, on the date of such receipt, or (ii) if mailed by domestic
certified or registered mail with postage prepaid, on the third business day after the date postmarked. Addresses for notice to either party are as shown on the signature page of this Agreement, or as subsequently modified by written notice. 

14.    CONSENT TO JURISDICTION. The Company and
Indemnitee each hereby irrevocably consent to the jurisdiction of the courts of the State of Delaware for all purposes in connection with any action or proceeding which arises out of or relates to this Agreement and agree that any action instituted
under this Agreement shall be commenced, prosecuted and continued only in the Court of Chancery of the State of Delaware in and for New Castle County, which shall be the exclusive and only proper forum for adjudicating such a claim. 

15.    SEVERABILITY. The provisions of this Agreement shall be severable in
the event that any of the provisions hereof (including any provision within a single section, paragraph or sentence) are held by a court of competent jurisdiction to be invalid, void or otherwise unenforceable, and the remaining provisions shall
remain enforceable to the fullest extent permitted by law. Furthermore, to the fullest extent possible, the provisions of this Agreement (including, without limitations, each portion of this Agreement containing any provision held to be invalid,
void or otherwise unenforceable, that is not itself invalid, void or unenforceable) shall be construed so as to give effect to the intent manifested by the provision held invalid, illegal or unenforceable. 

16.    CHOICE OF LAW. This Agreement shall be
governed by and its provisions construed and enforced in accordance with the taws of the State of Delaware, as applied to contracts between Delaware residents, entered into and to be performed entirely within the State of Delaware, without regard to
the conflict of laws principles thereof. 

  
 8 

 17.    SUBROGATION. In the
event of payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee, who shall execute all documents required and shall do all acts that may be necessary to secure such
rights and to enable the Company effectively to bring suit to enforce such rights. 

18.    AMENDMENT AND TERMINATION. No amendment,
modification, termination or cancellation of this Agreement shall be effective unless it is in writing signed by both the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other
provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver. No repeal or modification of this Agreement shall in any way diminish or adversely affect the rights of any director of the Company hereunder in respect
of any occurrence or matter arising prior to any such repeal or modification. 

19.    INTEGRATION AND ENTIRE
AGREEMENT. This Agreement sets forth the entire understanding between the parties hereto and supersedes and merges all previous written and oral negotiations, commitments, understandings and agreements relating to
the subject matter hereof between the parties hereto. 
 20.    NO CONSTRUCTION
AS EMPLOYMENT AGREEMENT. Nothing contained in this Agreement shall be construed as giving Indemnitee any right to be retained in the employ of the Company or any of its subsidiaries.

 [Signature Page Follows] 

  
 9 

 IN WITNESS WHEREOF, the
parties hereto have executed this Agreement as of the date first above written. 
  

			
	LEVI STRAUSS & CO.

 
			
		
	By:	 	  

		
	Name:	 	  

		
	Title:	 	  

	
	 Address:
 1155 Battery Street

San Francisco, California 94111

  

	
	AGREED TO AND ACCEPTED:
	
	
	 INDEMNITEE:
  

	  
 Name:

 
 Address:

	  

	
	  

  
 10

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