These excerpts taken from the ROST 10-Q filed Jun 10, 2009.
Senior Vice President, Chief Financial Officer.
B. It is now the mutual desire of the Company and the Executive to enter into a written employment agreement to govern the terms of the Executives employment by the Company as of and following the Effective Date on the terms and conditions set forth below.
Senior Vice President, Chief Financial Officer. As used in this Agreement, the term Company includes Ross Stores, Inc. and each and any of its divisions, affiliates or subsidiaries (except that, where the term relates to stock, stockholders, stock options or other stock-based awards or the Board, it means Ross Stores, Inc.). The Executives employment may be transferred, assigned, or re-assigned to Ross Stores, Inc. or a division, affiliate or subsidiary of Ross Stores, Inc., and such transfer, assignment, or re-assignment will not constitute a termination of employment or Good Reason for the Executives termination of employment under this Agreement. During the Term of Employment, the Executive may engage in outside activities provided those activities (including but not limited to membership on boards of directors of not-for-profit and for-profit organizations) do not conflict with the Executives duties and responsibilities hereunder, and provided further that the Executive gives written notice to the Board of any significant outside business activity in which the Executive plans to become involved, whether or not such activity is pursued for profit.