Document:

EX-10.17

 Exhibit 10.17 

KONTOOR BRANDS 
 DEFERRED
SAVINGS PLAN FOR NON-EMPLOYEE DIRECTORS 
 VF Corporation has maintained the VF Deferred Savings
Plan for Non-Employee Directors for the benefit of eligible non-employee members of the VF Corporation Board of Directors. VF Corporation has determined to separate its
Jeanswear business into one or more newly formed legal entities (the “Jeanswear Group”), and in connection therewith, VF Corporation intends to distribute to its shareholders all of the stock of a newly formed company (“Kontoor
Brands, Inc.”) that will be the parent holding company for the Jeanswear Group (the “Distribution”). In connection with the Distribution, Kontoor Brands, Inc. shall adopt this Kontoor Brands Deferred Savings Plan for Non-Employee Directors (the “Plan”) to provide benefits for the eligible non-employee members of the Kontoor Brands, Inc. Board of Directors. This Plan shall be
effective at and as of the date of consummation of the Distribution (the “Distribution Date”). In the event that the Distribution does not occur, this Plan shall be void and of no force and effect. 

The Plan permits non-employee members of the Kontoor Brands, Inc. (the “Company”) Board of
Directors to elect to defer receipt of all or any portion of the compensation payable to them for services rendered to the Company. 
 The
intention of the Company is that the Plan at all times be maintained on an unfunded basis for federal income tax purposes under the Internal Revenue Code of 1986, as amended (“Code”), exempt from the requirements of the Employee Retirement
Income Security Act of 1974, as amended (“ERISA”), and operated in accordance with the requirements of Section 409A of the Code. 

NOW, THEREFORE, the Plan is hereby adopted, effective as of the Distribution Date subject to the requirements in the first paragraph, to read
as follows: 
 SECTION I 

DEFINITIONS 
 Unless
otherwise required by the context, the terms used herein shall have the meanings as set forth below: 
 1. “Accrued
Benefit” means the sum of a Participant’s Deferrals (and any gains and losses credited thereon). 
 2.
“Beneficiary” means the individual or entity named pursuant to the Plan to receive benefit payments hereunder in the event of the death of the Participant. 

3. “Change of Control” means a change in the ownership or effective control of the Company, or in the ownership of a
substantial portion of the assets of the Company, within the meaning of Section 409A(a)(2)(A)(v) of the Code and the regulations thereunder. 

4. “Committee” means the Kontoor Brands, Inc. Retirement Plans Committee, as appointed from time to time by the Vice
President — Chief Human Resources Officer of the Company. 
 5. “Company” means Kontoor Brands, Inc., a North Carolina
corporation. 
 6. “Compensation” means the fees payable by the Company in cash to a Participant for services rendered as a
Director, including the annual base retainer and attendance fees for board and committee meetings. 
 7. “Deferral” means
that portion of a Participant’s Compensation elected to be deferred hereunder. 
 8. “Director” means a member of the
Board of Directors of the Company. 

 9. “Participant” means a Director who is not employed by the Company or any
of its subsidiaries or affiliates. 
 10. “Plan” means the Kontoor Brands Deferred Savings Plan for Non-Employee Directors, as it may be amended and/or restated from time to time. 
 11. “Plan
Year” means the calendar year. 
 12. “Severance from Service” means the date on which a Participant ceases to be
a Director of the Company. 
 13. “Spouse” means the person to whom the Participant is legally married. 

SECTION II 
 ELIGIBILITY

 1. A Director shall be eligible to make Deferral elections under this Plan as long as he or she (a) remains a Director of the
Company and (b) is not concurrently employed by the Company or any of its subsidiaries or affiliates. 
 2. Participation in this Plan
is voluntary. 
 SECTION III 

DEFERRALS 
 1.
Election. A Participant may elect to defer up to 100% of his or her Compensation for a Plan Year by directing the Company to reduce his or her Compensation for the Plan Year by a whole percentage or amount authorized by an election
executed by the Participant and filed with and approved by the Committee. Such Deferral election shall be made on or before December 31 of the calendar year preceding the Plan Year to which the election relates. Notwithstanding the foregoing, a
new Participant may elect to defer up to 100% of the Compensation that he or she would otherwise be entitled to receive in the Plan Year in which the Director’s election as a member of the Company’s Board of Directors becomes effective,
beginning with Compensation earned following the filing of a Deferral election with the Committee and before the close of such Plan Year, by executing and filing a Deferral election with the Committee within thirty (30) days of the effective
date of such Director’s election. A Participant’s Deferral election for a Plan Year is irrevocable. 
 2. Non-Deferred Compensation. Any Compensation not deferred under this Plan shall be paid in accordance with normal Company policy. 

3. Vesting. A Participant shall have a fully vested and nonforfeitable right to his or her Deferrals and any credited gains or
losses attributable thereto. 
 4. Separate Election for Each Plan Year. A separate Deferral election shall be made for each
Plan Year for which a Participant desires to defer all or any portion of his or her Compensation for such Plan Year. The failure of a Participant to make a Deferral election for any Plan Year shall not affect such Participant’s right to make a
Deferral election for any other Plan Year. 
 5. Election of Form of Payment. At the time that a Participant makes a Deferral
election with respect to a Plan Year, the Participant shall designate the form in which such Deferral (and any gains and losses credited thereon) shall be distributed, in accordance with Section VII. All Deferral elections filed by Participants must

  

					
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provide for distribution to be made in a form that is consistent with the distribution options made available under the Plan and permitted under applicable law, including, without limitation,
Section 409A of the Code. A Participant’s election with respect to the form of payment of his or her Deferral for a Plan Year may not be changed, except as expressly provided for in this Plan or permitted under applicable law, including,
without limitation, Section 409A of the Code. 
 SECTION IV 

INVESTMENT 
 A
Participant’s Deferrals shall be credited with gains and losses as if such Deferrals had been invested in a hypothetical fund which invests in common stock of the Company, purchased on the open market at the then prevailing price on the New
York Stock Exchange on the date of purchase. 
 SECTION V 

RECORDS 
 The Committee
shall create and maintain adequate records, in book entry form, for each Participant of Deferrals and credited gains or losses attributable thereto. Each Participant shall be informed of the status of his or her Accrued Benefit at least quarterly.

 SECTION VI 
 PLAN
BENEFITS 
 1. Severance from Service. Upon a Participant’s Severance from Service, he or she shall be entitled to
his or her Accrued Benefit payable in accordance with Section VII. 
 2. Death. In the event of the death of a Participant
prior to Severance from Service, the Participant’s Beneficiary shall be entitled to a benefit equal to the Participant’s Accrued Benefit, payable in accordance with Section VII. 

3. Beneficiary. Each Participant should designate a Beneficiary (along with alternate beneficiaries) to whom, in the event of
the Participant’s death, any benefit is payable hereunder. Each Participant has the right to change any designation of Beneficiary and such change automatically revokes any prior designation. A designation or change of Beneficiary must be in
writing on forms supplied by the Committee and any change of Beneficiary will not become effective until filed with the Committee; provided, however, that the Committee shall not recognize the validity of any designation received after the death of
the Participant. The interest of any Beneficiary who dies before the Participant will terminate unless otherwise provided. If a Beneficiary is not validly designated, or is not living or cannot be found at the date of payment, any amount payable
pursuant to this Plan will be paid to the Spouse of the Participant if living at the time of payment, otherwise in equal shares to such of the children of the Participant as may be living at the time of payment; provided, however, that if there is
no surviving Spouse or child at the time of payment, such payment will be made to the estate of the Participant. 
 SECTION VII 

PAYMENT OF BENEFITS 
 1.
Benefits Subject to Code Section 409A. The Participant’s Deferral (and any gains and losses credited thereon) for a Plan Year shall be distributed in cash in either (a) a lump-sum payment or (b) substantially 

  

					
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equal annual installments over up to ten (10) years, as elected by the Participant in his or her Deferral election for such Plan Year. The payment to the Participant shall be made or
commence, as applicable, within ninety (90) days after the Participant’s Severance from Service; provided, however, that in the case of a Participant who is a “specified employee” within the meaning of
Section 409A(a)(2)(B)(i) of the Code, payment of such Participant’s Accrued Benefit shall not be made or commence until the date which is six (6) months after the date of the Participant’s Severance from Service (or, if earlier,
the date of death of the Participant). If a Participant dies prior to Severance from Service, his or her Beneficiary shall, within ninety (90) days after the Participant’s death, receive the Participant’s Accrued Benefit in a lump-sum payment in cash. In the event the Participant fails to make a valid election of the form of payment, the distribution will be made in a lump-sum payment in cash. 

2. Limited Cash outs. Notwithstanding any Deferral election made by the Participant or the foregoing provisions of this Section
VII, the Participant’s Accrued Benefit will be distributed in a lump-sum payment in cash, if the amount of such Accrued Benefit on the date that payment is to commence does not exceed the maximum amount
permitted to be automatically distributed under the regulations promulgated under Section 409A of the Code, with such payment made on or before the later of (i) December 31 of the calendar year in which the Participant’s
Severance from Service occurs, or (ii) the 15th day of the third month following the Participant’s Severance from Service. 

3. Acceleration Prohibited. The acceleration of the time or schedule of any payment due under Section VII.1 of the Plan is
prohibited, except as provided in regulations under Section 409A of the Code. To the extent permitted by the regulations under Section 409A of the Code, distribution of a Participant’s Accrued Benefit may be made at any time the Plan
fails the requirements of Section 409A and the regulations thereunder, with such payment not to exceed the amount required to be included in the Participant’s income as a result of the failure. 

4. Compliance with Section 409A. Notwithstanding the foregoing provisions of this Section VII,
the portion of any Accrued Benefit (or the entire Accrued Benefit, if applicable) shall be paid at such time and in such form as shall not violate the requirements of Section 409A of the Code, including, without limitation, the restriction in
Section 409A(a)(2)(B)(i) on the timing of distributions following the Severance from Service of a Participant who is a “specified employee”. 

SECTION VIII 
 FUNDING
STATUS 
 This Plan is unfunded. All obligations hereunder shall constitute an unsecured promise of the Company to pay a
Participant’s benefit out of the general assets of the Company, subject to all of the terms and conditions of the Plan, as amended from time to time, and applicable law. A Participant hereunder shall have no greater right to benefits provided
hereunder than that of any unsecured general creditor of the Company. 
 SECTION IX 

ADMINISTRATION 
 1. The
Plan shall be administered by the Committee, which shall have the following powers and responsibilities. 
  

	 	(a)	 to construe the Plan, make factual determinations, consider requests made by Participants, correct defects, and
take any and all similar actions to the extent necessary to administer the Plan, with any instructions or interpretations of the Plan made in good faith by the Committee to be final and conclusive for all purposes; 

 

	 	(b)	 to prepare periodic administration reports to the Board of Directors which will show, in reasonable detail, the
administrative operations of the Plan; and 

  

					
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	 	(c)	 to take all other actions and do all other things which are reasonable and necessary to the proper
administration of the Plan. 

 2. The Committee shall have complete discretion in carrying out its powers and
responsibilities under the Plan, and its exercise of discretion hereunder shall be final and conclusive. 
 3. The Committee may, in
writing, delegate some or all of its powers and responsibilities to any other person or entity. 
 4. The Committee may hold meetings upon
such notice, at such time or times, and at such place or places as it may determine. The majority of the members of the Committee at the time in office will constitute a quorum for the transaction of business at all meetings and a majority vote of
those present and constituting a quorum at any meeting will be required for action. The Committee may also act by written consent of a majority of its members. 

5. The Committee may adopt such rules for administration of the Plan as is considered desirable, provided they do not conflict with the Plan.
Records of administration of the Plan will be kept, and Participants and their Beneficiaries may examine records pertaining directly to themselves. 

6. The Committee may retain such counsel, and actuarial, accounting, clerical and other services as they may require to carry out the
provisions and purposes of the Plan. 
 7. The Committee shall be entitled to rely upon all tables, valuations, certificates, and reports
furnished by any duly appointed auditor or actuary, upon all certificates and reports made by any investment manager or any duly appointed accountant, and upon all opinions given by any duly appointed legal counsel. 

8. No member of the Committee shall be personally liable by virtue of any instrument executed by the member, or on the member’s behalf,
as a member of the Committee. Neither the Company nor any of its officers or directors, nor any member of the Committee, shall be personally liable for any action or inaction with respect to any duty or responsibility imposed upon such person by the
terms of the Plan unless such action or inaction is judicially determined to be a breach of that person’s responsibility as a fiduciary with respect to the Plan under any applicable law. The Company shall indemnify and hold harmless its
officers, directors, and each member of the Committee against any and all claims, losses, damages, expenses (including attorneys’ fees), and liability (including, in each case, amounts paid in settlement), arising from any action or failure to
act, except when the same is judicially determined to be due to the gross negligence or willful misconduct of such officer, director or member of the Committee. The foregoing right of indemnification shall be in addition to any other rights to which
any such person may be entitled as a matter of law. 
 SECTION X 

MODIFICATION AND TERMINATION 

1. The Company reserves the right to terminate this Plan at any time or to modify, amend or suspend it from time to time. Any such termination
or modification shall be effective at such date as the Company may determine. The Company shall promptly give notice of any such modification or termination to all Participants. A modification may affect Participants, irrespective of whether they
are past, current or future Participants, provided, however, that a modification may not eliminate or reduce the Accrued Benefit of any Participant as of the effective date of such modification. 

2. To the extent permitted by the regulations under Section 409A of the Code, within the thirty (30) days preceding or the twelve
(12) months following a Change of Control, the Company may exercise its discretion to terminate the Plan and, notwithstanding any other provision of the Plan or of the terms of any Deferral election made under the Plan, distribute in full to
each Participant the portion of his or her Accrued Benefit (or the entire Accrued Benefit, if applicable). 

  

					
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 SECTION XI 

GENERAL PROVISIONS 
 1.
Nothing contained herein shall be deemed to give any Participant the right to be retained in the service of the Company. 
 2. It is a
condition of this Plan, and all rights of each Participant shall be subject thereto, that no right or interest of any Participant under this Plan or in his or her credited Deferrals (and any credited gains or losses attributable thereto) shall be
assignable or transferable in whole or in part, either directly or by operation of law or otherwise, including but without limitation, execution, levy, garnishment, attachment, pledge, bankruptcy, or in any other manner, subject, however, to
applicable law, but excluding devolution by death or mental incompetency, and no right or interest of any Participant under this Plan or in his or her credited Deferrals (and any credited gains or losses attributable thereto) shall be liable for or
subject to any obligation or liability of such Participant, subject, however, to applicable law. 
 3. All payments of benefits under the
Plan shall be subject to such taxes and other withholdings (federal, state or local) as may be due thereon, and the determination of the Committee as to withholding with respect to payments shall be binding upon the Participant and each Beneficiary.

 4. The sale of all of the assets of the Company, or a merger, consolidation or reorganization of the Company wherein the Company is not
the surviving corporation, or any other transaction which, in effect, amounts to a sale of the Company or voting control thereof, shall not terminate this Plan or any related agreements and the obligations created hereunder or thereby shall be
binding upon the successors and assigns of the Company. 
 5. If a Participant or Beneficiary entitled to receive any benefits hereunder is
deemed by the Committee or is adjudged to be legally incapable of giving valid receipt and discharge for such benefits, the benefits will be paid to such persons as the Committee might designate or to the duly appointed guardian. 

6. This Plan shall be governed by and construed in accordance with the laws of North Carolina, notwithstanding the conflict of law rules
applicable therein. 
 IN WITNESS WHEREOF, Kontoor Brands, Inc., intending to be legally bound hereby, has adopted and executed this Plan
this          day of             2019 to be effective as of the Distribution Date subject to the requirements in the first paragraph
above. 
  

	
	KONTOOR BRANDS, INC.
	
	  

  

					
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 Exhibit 10.18 

INDEMNIFICATION AGREEMENT 

THIS INDEMNIFICATION AGREEMENT (“Agreement”) is made as of this      day of
                    , 2019, by and between Kontoor Brands, Inc., a North Carolina corporation (the “Company”), and
                                 (“Indemnitee”). 

WHEREAS, the Company and Indemnitee recognize the prevalent risk of corporate shareholder litigation, in general, subjecting directors to the
risk of expensive litigation; and 
 WHEREAS, the Company desires to attract and retain the services of highly qualified individuals, such
as Indemnitee, to serve as directors of the Company and to indemnify its directors so as to provide them with the maximum indemnification protection permitted by law as protection against such risks. 

NOW, THEREFORE, the Company and Indemnitee, intending to be legally bound, hereby agree as follows: 

1.    Indemnification. 

a.    Third Party and Derivative Proceedings. Subject to Section 9, the Company shall
indemnify Indemnitee if Indemnitee is or was a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative and whether formal or informal
(including, without limitation, an action by or in the right of the Company or any affiliate of the Company) by reason of the fact that Indemnitee is or was a director of the Company, or any affiliate of the Company, by reason of any action or
inaction on the part of Indemnitee while a director, or by reason of the fact that Indemnitee is or was serving at the request of the Company as a director, officer, trustee, fiduciary, employee or agent of any other enterprise, against expenses
(including attorneys’ fees), and all liabilities and loss, including, judgments, fines and amounts paid in settlement (if such settlement is approved pursuant to Section 2(g)) actually and reasonably incurred by
Indemnitee in connection with such action, suit or proceeding so long as the Indemnitee (i) conducted him or herself in good faith; and (ii) reasonably believed, (A) in the case of conduct in his or her official capacity with the
Company, that his or her conduct was in the Company’s best interests, and (B) in all other cases, that his or her conduct was at least not opposed to the Company’s best interests; and (iii) in the case of any criminal proceeding,
had no reasonable cause to believe his or her conduct was unlawful. Indemnification under this Section 1(a) shall not be available in connection with a proceeding by or in the right of the Company in which the Indemnitee
was adjudged liable to the Company, or in connection with any other proceeding charging improper personal benefit to the Indemnitee, whether or not involving action in his or her official capacity, in which the Indemnitee was adjudged liable on the
basis that personal benefit was improperly received by him or her. 
 b.    Mandatory Indemnification. To the
extent that Indemnitee has been wholly successful, on the merits or otherwise, in the defense of any action, suit or proceeding referred to in Section 1(a) or in defense of any claim, issue or matter therein, in either case
because Indemnitee is or was a director of the Company, Indemnitee shall be indemnified against expenses (including attorneys’ fees) actually and reasonably incurred by Indemnitee in connection therewith. For purposes of this
Section 1(b), the term “wholly successful, on the merits or otherwise,” shall include, but not be limited to, (i) any termination, withdrawal, or dismissal (with or without prejudice) of any
claim, action, suit or proceeding against Indemnitee without any express finding of liability or guilt against him or her, or (ii) the expiration of a reasonable period of time after the making of any claim or threat of an action, suit or
proceeding without the institution of the same and without any promise or payment made to induce a settlement. 

c.    Witness Expenses. Notwithstanding any other provision of this Agreement, to the extent that Indemnitee is, by
reason of the fact that Indemnitee is or was a director of the Company or any affiliate of the 

  
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Company, or by reason of the fact that Indemnitee is or was serving at the request of the Company as a director, officer, trustee, fiduciary, employee or agent of any other enterprise, a witness
in any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (including, without limitation, an action by or in the right of the Company or any affiliate of the Company) to which
Indemnitee is not a party, Indemnitee shall be indemnified against all expenses actually and reasonably incurred by Indemnitee or on his or her behalf in connection therewith. 

2.    Expenses and Indemnification Procedure. 

a.    Advancement of Expenses. The Company shall advance all reasonable out-of-pocket expenses incurred by Indemnitee in connection with the investigation, defense, settlement or appeal of any civil, criminal, administrative or investigative action, suit or proceeding referenced
in Section 1(a) and Section 1(c), so long as the Company receives an undertaking by or on behalf of Indemnitee to repay such amount unless it shall ultimately be determined that Indemnitee is entitled to
be indemnified by the Company against such expenses. 
 b.    Repayment of Expenses. In the event that it shall
ultimately be determined that Indemnitee is not entitled to be indemnified for the expenses paid by the Company pursuant to Section 2(a) hereof or otherwise or was not entitled to be fully indemnified, Indemnitee shall repay to the Company such
amount of the advanced expenses or the appropriate portion thereof. 
 c.    Notice/Cooperation by Indemnitee.
Indemnitee shall, as a condition precedent to his or her right to be indemnified under this Agreement, give the Company notice in writing as soon as practicable of any claim made against Indemnitee, including the nature of and the facts underlying
such claim, for which indemnification will or could be sought under this Agreement. Notice to the Company shall be directed to Kontoor Brands, Inc., [400 N Elm St., Greensboro, North Carolina 27401], Facsimile: (336)
                        , Attention: General Counsel (or such other address as the Company may from time to time designate
in writing to Indemnitee). Notice shall be deemed received on the third business day after the date postmarked if sent by domestic certified or registered mail, properly addressed; otherwise, notice shall be deemed received when such notice shall
actually be received by the Company. In addition, Indemnitee shall give the Company such information and cooperation as it may reasonably require and as shall be within Indemnitee’s power. 

d.    Procedure. Any indemnification and advances provided for in Section 1 and this
Section 2 shall be made no later than 45 days after receipt of the written request of Indemnitee, coupled with appropriate documentation to support the requested payment and subject in each case to the applicable
determination by the Board of Directors (or other determination made in accordance with Section 55-8-55 of the North Carolina Business Corporation Act) that such
indemnification is permissible and such advances are reasonable in the circumstances, which determination shall be made as promptly as practicable. If a claim under this Agreement, under any statute, or under any provision of the Company’s
Articles of Incorporation or Bylaws providing for indemnification is not paid in full by the Company within 45 days after receipt of a fully documented written request for payment thereof has first been received by the Company, Indemnitee may, but
need not, at any time thereafter bring an action against the Company to recover the unpaid amount of the claim and, subject to Section 13, Indemnitee shall also be entitled to be paid for the expenses (including
attorneys’ fees) of bringing such action. It shall be a defense to any such action (other than an action brought to enforce a claim for expenses incurred in connection with any action, suit or proceeding in advance of its final disposition)
that Indemnitee has not met the standards of conduct which make it permissible under applicable law for the Company to indemnify Indemnitee for the amount claimed, but the burden of proving such defense shall be on the Company, and Indemnitee shall
be entitled to receive interim payments of expenses pursuant to Section 2(a) unless and until such defense may be finally adjudicated by court order or judgment from which no further right of appeal exists. It is the
parties’ intention that if the Company contests Indemnitee’s right to indemnification, the question of Indemnitee’s right to indemnification shall be for the court to decide, and neither the failure of the Company (including its Board
of Directors, any committee or subgroup of the Board of Directors, independent legal counsel, or its shareholders) to have made a determination that indemnification of Indemnitee is proper in the circumstances because Indemnitee has met the
applicable standard of conduct required by applicable law, nor an actual determination by the Company (including its Board of Directors, any committee or subgroup of the Board 

  
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of Directors, independent legal counsel, or its shareholders) that Indemnitee has not met such applicable standard of conduct, shall create a presumption that Indemnitee has or has not, as the
case may be, met the applicable standard of conduct. 
 e.    Notice to Insurers. If, at the time of the receipt
of a notice of claim pursuant to Section 2(c), the Company has directors’ and officers’ liability insurance in effect, the Company shall give prompt notice of the commencement of such proceeding to the insurers in
accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such proceeding in
accordance with the terms of such policies. 
 f.    Selection of Counsel. If the Company shall be obligated
under Section 1 or Section 2 to pay the expenses of any proceeding against Indemnitee, the Company shall be entitled to assume the defense of such proceeding, with counsel approved by Indemnitee,
upon the delivery to Indemnitee of written notice of its election to do so. After delivery of such notice, approval of such counsel by Indemnitee and the retention of such counsel by the Company, the Company will not be liable to Indemnitee under
this Agreement for any fees of any other counsel subsequently incurred by Indemnitee with respect to the same proceeding; provided that (i) Indemnitee shall have the right to employ separate counsel in any such proceeding at
Indemnitee’s expense; and (ii) if (A) the employment of 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, in fact, have employed counsel to assume the defense of such proceeding, then the reasonable fees and expenses of Indemnitee’s counsel shall be at the expense
of the Company. 
 g.    Settlements. The Company shall not be liable to Indemnitee under this Agreement for any
amounts paid in settlement of any action or claim effected without its written consent. The Company shall not settle any action or claim in any manner which would impose any penalty or limitation on Indemnitee without Indemnitee’s written
consent. Neither the Company nor Indemnitee will unreasonably withhold consent to any proposed settlement. 

h.    Change in Control. 

(1)    If, at any time subsequent to the date of this Agreement, members of the Incumbent Board do not constitute a
majority of the members of the Board of Directors, or there is otherwise a Change in Control, then upon the request of Indemnitee, the Company shall cause the determination of indemnification and advances required by
Section 2 to be made by a third party (mutually agreed upon by the parties or failing such agreement, as determined by the Chief Judge of the United States District Court for the Middle District of North Carolina). The fees
and expenses incurred by the third party in making the determination of indemnification and advances shall be borne solely by the Company. If such third party is unwilling and/or unable to make the determination of indemnification and advances, then
the Company shall cause the indemnification and advances to be made by a majority vote or consent of a Board of Directors committee consisting solely of members of the Incumbent Board. 

(2)    For purposes of this Agreement, a “Change in Control” shall be deemed to have occurred if
individuals who, as of the date of this Agreement, constitute the Board of Directors (the “Incumbent Board”) cease for any reason to constitute at least a majority of the Board of Directors; provided, however,
that any individual becoming a director subsequent to the date of this Agreement whose election, or nomination for election by the Company’s shareholders, was approved by a vote of at least a three-quarters (3/4) of the directors then
comprising the Incumbent Board, (either by a specific vote or by approval of the proxy statement of the Corporation in which such person is named as a nominee of the Corporation for director), shall be considered as though such individual were a
member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an actual or threatened election contest with respect to the election or removal of directors or other
actual or threatened solicitation of proxies or consents by or on behalf of a person other than the Board of Directors. 

  
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 3.    Additional Indemnification Rights. 

a.    Scope. Notwithstanding any other provision of this Agreement, the Company shall indemnify Indemnitee to the
fullest extent permitted by law, notwithstanding that such indemnification is not specifically authorized by the other provisions of this Agreement, the Company’s Articles of Incorporation, the Company’s Bylaws 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 North Carolina corporation to indemnify a member of its board of directors, such changes shall be, ipso facto, within the
purview of Indemnitee’s rights and Company’s obligations under this Agreement. In the event of any change in any applicable law, statute or rule which narrows the right of a North Carolina corporation to indemnify a member of its board of
directors, such changes (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. 

b.    Non-exclusivity. The indemnification provided by this Agreement shall
not be deemed exclusive of any rights to which an Indemnitee may be entitled under the Company’s Articles of Incorporation, its Bylaws, any agreement, any vote of shareholders or disinterested directors, the North Carolina Business Corporation
Act, as amended, or otherwise, both as to action in Indemnitee’s official capacity and as to action in another capacity while holding such office. 

4.    Continuation of Indemnity. All agreements and obligations of the Company contained herein shall
continue during the period Indemnitee is a director of the Company (or is or was serving at the request of the Company as a director, officer, employee or agent of any other enterprise) and shall continue thereafter, so long as Indemnitee shall be
subject to any possible claim or threatened, pending or completed action, suit or proceeding, whether civil, criminal or investigative, by reason of the fact that Indemnitee was a director of the Company or serving in any other capacity referred to
herein. 
 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 expenses, judgments, fines or penalties actually or reasonably incurred by him or her in the investigation, defense, appeal or settlement of any civil or criminal action, suit or
proceeding, but not for the total amount thereof, the Company shall nevertheless indemnify Indemnitee for the portion of such expenses, judgments, fines or penalties to which Indemnitee is entitled. 

6.    Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that, in certain instances, federal
law or public policy may override applicable state law and prohibit the Company from indemnifying its directors under this Agreement or otherwise. For example, the Company and Indemnitee acknowledge that the Securities and Exchange Commission (the
“SEC”) has taken the position that indemnification is not permissible for liabilities arising under certain federal securities laws, and federal legislation prohibits indemnification for certain ERISA violations. Indemnitee
understands and acknowledges that the Company has undertaken with the SEC 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.    Officer and Director Liability Insurance. The Company shall, from time to time, make the good faith
determination whether or not it is practicable for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the directors of the Company with coverage for losses from wrongful acts, or to
ensure the Company’s performance of its indemnification obligations under this Agreement. Among other considerations, the Company will weigh the costs of obtaining such insurance coverage against the protection afforded by such coverage. In all
policies of directors’ and officers’ liability insurance, Indemnitee shall be insured 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.
Notwithstanding the foregoing, the Company shall have no obligation to obtain or maintain such insurance if the Company determines in good faith that such insurance is not reasonably available, if the premium costs for such insurance are
disproportionate to the amount of coverage provided, if the coverage provided by such insurance is limited by exclusions so as to provide an insufficient benefit, or if Indemnitee is covered by similar insurance maintained by an affiliate of the
Company. 

  
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 8.    Severability. Nothing in this Agreement is intended
to require or shall be construed as requiring the Company to do or fail to do any act in violation of applicable law. The Company’s inability, pursuant to court order, to perform its obligations under this Agreement shall not constitute a
breach of this Agreement. The provisions of this Agreement shall be severable as provided in this Section 8. If this Agreement or any portion hereof shall be invalidated on any ground by any court of competent jurisdiction,
then the Company shall nevertheless indemnify Indemnitee to the full extent permitted by any applicable portion of this Agreement that shall not have been invalidated, and the balance of this Agreement not so invalidated shall be enforceable in
accordance with its terms. 
 9.    Exceptions. Any other provision herein to the contrary
notwithstanding, the Company shall not be obligated pursuant to the terms of this Agreement: 
 a.    Claims
Initiated by Indemnitee. To indemnify or advance expenses to Indemnitee with respect to proceedings or claims initiated or brought voluntarily by Indemnitee and not by way of defense (such as by counterclaim, cross-claim or third-party claim),
except with respect to proceedings brought to establish or enforce a right to indemnification under this Agreement or any other statute or law or otherwise as required under the North Carolina Business Corporation Act, as amended, but such
indemnification or advancement of expenses may be provided by Company in specific cases if the Board of Directors, at its sole discretion, finds it to be appropriate; 

b.    Lack of Good Faith. To indemnify Indemnitee for any expenses incurred by 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 Indemnitee in such proceeding was made in bad faith or was frivolous; 

c.    Insured Claims. To indemnify Indemnitee for expenses or liabilities of any type whatsoever (including, but
not limited to, judgments, fines, ERISA excise taxes or penalties, and amounts paid in settlement) which have been paid directly to Indemnitee by an insurance carrier under a policy of officers’ and directors’ liability insurance
maintained by the Company or other enterprise; 
 d.    Claims Under Section 16(b). To
indemnify Indemnitee for expenses or the payment of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 16(b) of the Securities Exchange Act of 1934, as amended, or any similar successor statute; 

e.    Illegal Activity. To indemnify Indemnitee if a court of competent jurisdiction finally adjudges that such
indemnification is illegal, including, without limitation, by virtue of such indemnification being in violation of public policy or any provision of law. 

10.    Interpretation; Construction of Certain Phrases. 

a.    The headings of particular provisions of this Agreement are inserted for convenience only and will not be construed
as a part of this Agreement or serve as a limitation or expansion on the scope of any term or provision of this Agreement. The words “include,” “includes” or “including” shall
be deemed to be followed by the words “without limitation.”    The words “hereof,” “herein” and “herewith” and words of similar
import shall, unless otherwise stated, be construed to refer to this Agreement as a whole and not to any particular provision of this Agreement. 

b.    For purposes of this Agreement: 

(1)    references to the “Company” shall include, in addition to the resulting or surviving
corporation, any constituent entity (including any constituent of a constituent) absorbed in a consolidation or merger which, if its separate existence had continued, would have had power and authority to indemnify its directors, officers, and
employees or agents, so that if Indemnitee is or was a director, officer, employee or agent of such constituent entity, or is or was serving at the request of such constituent entity as a director, officer, employee or agent of any 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 entity if its separate existence had continued; 

  
 -5- 

 (2)    references to any “other enterprise”
shall include any corporation, trust, partnership, joint venture, or other entity; 
 (3)     references to
“fines” shall include any excise taxes or penalties assessed on Indemnitee with respect to an employee benefit plan; 

(4)    references to “serving at the request of the Company” shall include any service as a
director, officer, employee or agent of the Company which imposes duties on, or involves services by, Indemnitee with respect to an employee benefit plan, its participants, or beneficiaries; 

(5)    references to “affiliates” shall mean any entity which, directly or indirectly, is in the
control of, is controlled by, or is under common control with, the Company; and 
 (6)    references to
“Sections” or “clauses” shall be to Sections or clauses of this Agreement. 

11.    Counterparts; Facsimile Signatures. This Agreement may be executed in any number of counterparts
(including by facsimile signature), each of which shall be deemed to be an original and all of which together shall constitute one and the same document. 

12.    Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the Company
and its successors and assigns, and Indemnitee and Indemnitee’s estate, heirs, legal representatives and assigns. 

13.    Attorneys’ Fees. If any action is instituted by Indemnitee under this Agreement to enforce or
interpret any of the terms hereof, Indemnitee shall be entitled to be paid all court costs and expenses, including reasonable attorneys’ fees, incurred by Indemnitee with respect to such action, unless as a part of such action, the court of
competent jurisdiction determines that each of the material assertions made by Indemnitee as a basis for such action was made in bad faith or was frivolous. In the event of an action instituted by or in the name of the Company under this Agreement
or to enforce or interpret any of the terms of this Agreement, Indemnitee shall be entitled to be paid all court costs and expenses, including attorneys’ fees, incurred by Indemnitee in defense of such action (including with respect to
Indemnitee’s counterclaims and cross-claims made in such action), unless as a part of such action the court determines that each of Indemnitee’s material defenses to such action was made in bad faith or was frivolous. 

14.    Notice. All notices, requests, demands, consents and other communications hereunder shall be in
writing and shall be given or made (and shall be deemed to have been duly given or made upon receipt) by delivery in person, by overnight courier service, or by facsimile with receipt confirmed (followed by delivery of an original via overnight
courier service). The address for notice to the Company shall be as set forth in Section 2(b), and the address for notice to Indemnitee shall be as set forth on the signature page of this Agreement, or as subsequently
modified in a notice given in accordance with this Section 14. 
 15.    Consent to
Jurisdiction. The Company and Indemnitee each hereby irrevocably consent to the jurisdiction of the courts of the State of North Carolina for all purposes in connection with any action or proceeding which arises out of or relates to this
Agreement. Any action or proceeding instituted under or to enforce this Agreement shall be brought only in the state courts of the State of North Carolina. 

16.    Subrogation. In the event of payment under this Agreement, Company shall be subrogated to the extent
of such payment to all of the rights of recovery of the Indemnitee, who shall execute all papers required and shall do everything that may be necessary to secure such rights, including the execution of such documents necessary to enable Company
effectively to bring suit to enforce such rights. 
 17.    Choice of Law. This Agreement shall be
governed by and its provisions construed in accordance with the laws of the State of North Carolina, as applied to contracts between North Carolina residents entered into and to be performed within North Carolina. 

  
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 18.    Prior Agreement. Notwithstanding any contrary
provision contained herein, this Agreement supersedes and replaces any and all prior written indemnification agreements between the Indemnitee and the Company. 

[Signature page follows] 

  
 -7- 

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

			
	KONTOOR BRANDS, INC.
		
	By:	 	  

	Name:	 	[                    ]
	Title:	 	Chairman
	
	INDEMNITEE
	
	  

	[Name]
	
	Address for Notice:
	
	  

	
	  

  
 -8-

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