FL » Topics » FINANCIAL PLANNING ALLOWANCE PROGRAM SUMMARY

These excerpts taken from the FL 10-K filed Mar 30, 2009.

FINANCIAL PLANNING ALLOWANCE PROGRAM
SUMMARY

Participants:

           

Corporate Officers, Division Presidents and other executives as may from time to time be approved for participation by the Compensation and Management Resources Committee of the Board of Directors of Foot Locker, Inc. (the “Compensation Committee”)

 

Allowable Expenses:

Financial planning services with a financial planning professional up to a set maximum annual dollar amount, as may be determined from time to time by the Compensation Committee.

 

Section 409A:

 

Except as permitted by Section 409A of the Internal Revenue Code (the “Code”) and regulations issued thereunder, the right to reimbursement (i) shall not be subject to liquidation or exchange for another benefit, (ii) the amount of expenses eligible for reimbursement during any taxable year shall not affect the expenses eligible for reimbursement in any other taxable year, provided that the foregoing clause (ii) shall not be violated with regard to expenses reimbursed under any arrangement covered by Section 105(b) of the Code solely because such expenses are subject to a limit related to the period the arrangement is in effect, and (iii) such reimbursements payments shall be made on or before the last day of the participant’s taxable year following the taxable year in which the expense was incurred.

121


FINANCIAL PLANNING ALLOWANCE PROGRAM

SUMMARY

























Participants:

           

Corporate Officers, Division
Presidents and other executives as may from time to time be approved for
participation by the Compensation and Management Resources Committee of
the Board of Directors of Foot Locker, Inc. (the “Compensation Committee”)

 

Allowable
Expenses
:


Financial planning services with a
financial planning professional up to a set maximum annual dollar amount,
as may be determined from time to time by the Compensation
Committee.

 

Section 409A:

 

Except as permitted by Section 409A
of the Internal Revenue Code (the “Code”) and regulations issued
thereunder, the right to reimbursement (i) shall not be subject to
liquidation or exchange for another benefit, (ii) the amount of expenses
eligible for reimbursement during any taxable year shall not affect the
expenses eligible for reimbursement in any other taxable year, provided
that the foregoing clause (ii) shall not be violated with regard to
expenses reimbursed under any arrangement covered by Section 105(b) of the
Code solely because such expenses are subject to a limit related to the
period the arrangement is in effect, and (iii) such reimbursements
payments shall be made on or before the last day of the participant’s
taxable year following the taxable year in which the expense was incurred.


121












EX-10.32
14
exhibit_10-32.htm
LONG-TERM DISABILITY PROGRAM FOR SENIOR EXECUTIVES.









FINANCIAL PLANNING ALLOWANCE PROGRAM

SUMMARY

























Participants:

           

Corporate Officers, Division
Presidents and other executives as may from time to time be approved for
participation by the Compensation and Management Resources Committee of
the Board of Directors of Foot Locker, Inc. (the “Compensation Committee”)

 

Allowable
Expenses
:


Financial planning services with a
financial planning professional up to a set maximum annual dollar amount,
as may be determined from time to time by the Compensation
Committee.

 

Section 409A:

 

Except as permitted by Section 409A
of the Internal Revenue Code (the “Code”) and regulations issued
thereunder, the right to reimbursement (i) shall not be subject to
liquidation or exchange for another benefit, (ii) the amount of expenses
eligible for reimbursement during any taxable year shall not affect the
expenses eligible for reimbursement in any other taxable year, provided
that the foregoing clause (ii) shall not be violated with regard to
expenses reimbursed under any arrangement covered by Section 105(b) of the
Code solely because such expenses are subject to a limit related to the
period the arrangement is in effect, and (iii) such reimbursements
payments shall be made on or before the last day of the participant’s
taxable year following the taxable year in which the expense was incurred.


121












EX-10.32
14
exhibit_10-32.htm
LONG-TERM DISABILITY PROGRAM FOR SENIOR EXECUTIVES.









This excerpt taken from the FL 10-K filed Mar 29, 2005.

FINANCIAL PLANNING ALLOWANCE PROGRAM
SUMMARY

Participants:
              
Corporate Officers, Division Presidents and other executives as may from time to time be approved for participation by the Compensation and Management Resources Committee of the Board of Directors of Foot Locker, Inc. (the “Compensation Committee”).
 
Allowable Expenses:
              
Financial planning services with a financial planning professional up to a set maximum annual dollar amount, as may be determined from time to time by the Compensation Committee.
 

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