EX-10 12 exhibit10_34.htm EXHIBIT 10.34 Exhibit 10.34

EXHIBIT 10.34

Summary Sheet of Compensation of Named Executive Officers
(as defined in Regulation S-K Item 402(a)(3)) of Jones Apparel Group, Inc.

As approved by the Compensation Committee of the Board of Directors on December 14, 2004

 
Executive Officer

 
2005 Salary

 
2004 Bonus

2005 Restricted Stock 
Grant (1)

Peter Boneparth
President and Chief Executive Officer
$2,500,000 (2) $2,000,000 100,000 shares
Sidney Kimmel
Chairman
$1,200,000 (2) $1,800,000 -
Wesley R. Card
Chief Operating and Financial Officer
$1,100,000 $1,000,000 50,000 shares
Rhonda J. Brown
President and Chief Executive Officer, Footwear, Accessories and Retail Group 
$1,300,000 (2) $1,500,000 25,000 shares
Ira M. Dansky
Executive Vice President, Secretary and General Counsel
$650,000 $600,000 10,000 shares

 __________

(1) Grants are effective January 3, 2005.  Vesting restrictions lapse as to all of the shares on the second business day immediately following the Company's public announcement of fourth quarter financial results for the year 2007, provided that the Company achieves certain performance targets.
(2) No salary increase for 2005.