EX-10.(C) 2 a2207550zex-10_c.htm EX-10.(C)

EXHIBIT 10(c)

DESCRIPTION OF LIZ CLAIBORNE, INC.
2011 EMPLOYEE INCENTIVE PLAN

        For the 2011 fiscal year, Liz Claiborne Inc. maintained a bonus plan for full time salaried employees under which bonuses were earned based upon either divisional operating profit or total corporate gross profit, as measured against pre-established targets, and, as applicable, departmental performance considerations and the achievement of individual goals, subject to certain terms and conditions. A similar bonus plan is anticipated for 2012, with financial targets measured based on divisional or total company adjusted results.