EX-10.41
from 10-K
5 pages
1 Retention Award Agreement This Retention Award Agreement (The “Agreement”), Effective as of the Date of the Last Signature Below, Is Entered Into Between Hanesbrands Inc. (Referred to as “HBI” or “The Company”) and M. Scott Lewis (Referred to as "You" or "Your"). the Purpose of This Agreement Is to Establish the Terms and Conditions for Your Retention Award Opportunity. in Consideration of the Mutual Promises Contained Herein and Other Good and Valuable Consideration, the Receipt and Sufficiency of Which Are Hereby Acknowledged, the Parties Agree as Follows: 1. Retention Award Opportunity. Subject to the Terms of Paragraphs 5-8 Below, if You Are in an Active Employment Status With the Company (Or a Subsidiary of the Company) at the End of the Retention Period, and Have Been Cooperative and Duly Diligent in Performing the Duties of Your Position to the Best of Your Ability During the Retention Period, You Will Receive a Cash Retention Award. 2. Retention Period. for Purposes of This Agreement, the “Retention Period” Is Defined as the Period Beginning November 1, 2022 and Continuing Through October 31, 2025. 3. Retention Award. for Purposes of This Agreement, the “Retention Award” Shall Consist of a Cash Payment in the Amount of $772,000 (Subject to All Applicable Withholdings). 4. Disbursement of the Retention Award. the Disbursement of the Retention Award Shall Occur as Follows
12/34/56