SEC Contract Filing

Filing Date: 2017-09-22

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>finl82617ex10.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
 <!-- Document created using Wdesk 1 -->
 <!-- Copyright 2017 Workiva -->
 <title>Exhibit</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<div><a name="sD1BA15BD9A97BCA4EB669A8C074D6D84"></a></div><div></div><div><br></div><div style="line-height:130%;padding-bottom:16px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">AGREEMENT</font></div><div style="line-height:130%;padding-bottom:10px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">THIS AGREEMENT (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Agreement</font><font style="font-family:inherit;font-size:12pt;">&#8221;) is effective as of July 11, 2017 (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Effective Date</font><font style="font-family:inherit;font-size:12pt;">&#8221;) by and between The Finish Line, Inc. (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Company</font><font style="font-family:inherit;font-size:12pt;">&#8221;) and Norman H. Gurwitz (&#8220;</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Director</font><font style="font-family:inherit;font-size:12pt;">&#8221;).</font></div><div style="line-height:130%;padding-bottom:10px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">WHEREAS, Director is currently on the Board of Directors of the Company;</font></div><div style="line-height:130%;padding-bottom:10px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">WHEREAS, Director has expressed his desire to retire from the Board prior to the expiration of his term upon the conclusion of the 2017 Annual Shareholder&#8217;s Meeting which takes place July 13, 2017 (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Retirement Date</font><font style="font-family:inherit;font-size:12pt;">&#8221;); </font></div><div style="line-height:130%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">WHEREAS, Director has previously submitted a formal notice on intent to resign from the Board on the Retirement Date, indicating that Director&#8217;s decision is not a result of any disagreement with the Company on any matter relating to the Company&#8217;s operations, policies, or procedures;</font></div><div style="line-height:130%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">WHEREAS, the Board has accepted Director&#8217;s resignation; and</font></div><div style="line-height:130%;padding-bottom:10px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">WHEREAS, Director and the Company have agreed to enter into this Agreement to, among other things, to provide for the terms and conditions of Director&#8217;s continued service until the Retirement Date;</font></div><div style="line-height:130%;padding-bottom:10px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein and for other good and valuable consideration (including but not limited to the Company&#8217;s paying funds to Director earlier than he otherwise would have received them), the receipt of which is mutually acknowledged, the Company and Director agree as follows:</font></div><div style="line-height:130%;padding-left:0px;padding-bottom:16px;text-align:justify;text-indent:48px;"><font style="padding-bottom:16px;text-align:justify;font-family:inherit;font-size:12pt;padding-right:48px;">1.</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Resignation</font><font style="font-family:inherit;font-size:12pt;">. Director has previously submitted a formal notice on intent to resign from the Board effective July 13, 2017, indicating that Director&#8217;s decision is not a result of any disagreement with the Company on any matter relating to the Company&#8217;s operations, policies, or procedures. The Board has accepted Director&#8217;s resignation. </font></div><div style="line-height:130%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">2.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Continued Service</font><font style="font-family:inherit;font-size:12pt;">. Director shall continue to serve on the Board through the Retirement Date receiving such compensation as currently provided to members of the Board. </font></div><div style="line-height:130%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">3.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Retirement Payment</font><font style="font-family:inherit;font-size:12pt;">. On January 15, 2018 the Company shall pay Director a lump sum amount of $338,200. </font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">In paying the amounts specified in this Paragraph 3, the Company makes no representation as to the tax consequences or liability arising from these payments including, without limitation, under Sectio