EXHIBIT 10.4
PHILLIPS-VAN HEUSEN CORPORATION
2006 STOCK INCENTIVE PLAN
RESTRICTED STOCK UNIT AWARD AGREEMENT
(Employee)
NOTICE OF RESTRICTED STOCK UNIT AWARD
Phillips-Van Heusen Corporation (the “Company”) grants to the Grantee named below, in accordance with the
terms of the Phillips-Van Heusen Corporation 2006 Stock Incentive Plan (the “Plan”) and this restricted stock
unit agreement (this “Agreement”), the number of restricted stock units (the “Restricted Stock Units” or the
“Award”) provided as follows:
AGREEMENT
1.
GRANTEE
RESTRICTED STOCK UNITS GRANTED
DATE OF GRANT
VESTING SCHEDULERestricted Stock Units will vest in three
installments on the following dates,
subject to the Grantee being employed
by the Company on each such date:
Vesting Date
Restricted Stock
Units Vesting
[Second anniversary
of the date of grant]
[25% of Award]
[Third anniversary of
the date of grant]
[25% of Award]
[Fourth anniversary
of the date of grant]
[50% of Award]
Grant of Award . The Company hereby grants to the Grantee the Restricted Stock Units, subject to the
terms, definitions and provisions of the Plan and this Agreement. All terms, provisions, and conditions
applicable to the Restricted Stock Units set forth in the Plan and not set forth herein are incorporated by
reference. To the extent any provision hereof is inconsistent with a provision of the Plan the provisions of
the Plan will govern. All capitalized terms that are used in this Agreement and not otherwise defined
herein shall have the meanings ascribed to them in the Plan.
2. Vesting and Settlement of Award .
a. Right to Award . This Award shall vest in accordance with the vesting schedule set forth above
(the “Vesting Schedule”) and with the applicable provisions of the Plan and this Agreement.
b. Settlement of Award . The vested portion of this Award shall be settled as soon as practicable
following the vesting date set forth in the Vesting Schedule, but in no event