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This excerpt taken from the FL 8-K filed Jun 5, 2007. Retirement shall
mean: (A) the Termination of a Participant other than a Nonemployee Director,
following attainment of (1) Normal Retirement Age or, if earlier, Early Retirement
Date, as such terms are defined in the Foot Locker Retirement Plan, if such Participant
is a member of such plan or any successor plan thereto or any other tax-qualified,
tax-registered or tax-favored retirement plan or scheme sponsored or maintained
by any member of the Company, or (2) his or her 65th birthday, if such Participant
is not a member of any such plan, or (B) the Termination of a Nonemployee Director
pursuant to Foot Locker's retirement policy for directors or, with the consent
of the Board, provided that the exercise of such discretion does not make the
applicable Award subject to Section 409A of the Code, before age 72 but after
age 65.
(hh) |
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