EXHIBIT 10.1
FIRST MODIFICATION OF REVOLVING CREDIT AGREEMENT
     THIS FIRST MODIFICATION OF REVOLVING CREDIT AGREEMENT (the “Modification”)
is made and entered into to be effective the 16th day of April, 2007, by and
between R. G. BARRY CORPORATION, an Ohio corporation (the “Borrower”) and THE
HUNTINGTON NATIONAL BANK, a national banking corporation (the “Bank”).
RECITALS
     I. The Borrower and the Bank entered into an Revolving Credit Agreement
dated March 29, 2007, (the “Credit Agreement”);
     II. The Borrower has requested the ability to obtain letters of credit
under its Commitment from the Bank; and
     III. The Borrower and the Bank by mutual agreement desire to modify the
Credit Agreement to make provision for letters of credit.
     Section 1. NOW, THEREFORE, for good and valuable considerations, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto
agree as follows:
     Section 2. This Modification shall be limited to this specific transaction
and shall not be deemed or construed as consent by the Bank to any other
modification of the Credit Agreement or other loan documents executed in
connection therewith. This Modification shall only modify the Credit Agreement
to the extent provided herein, all other provisions thereof remaining unchanged
and in full force and effect.
     Section 3. The following is added as a new Section 1.3 to the Credit
Agreement:
1.3 The Letters of Credit. From the date hereof until the Termination Date, the
Bank agrees to issue, against the Commitment, one or more letters of credit (the
“Letter(s) of Credit”) from time to time in the maximum aggregate face amount
outstanding at any one time of $1,500,000.00, subject to the terms and
conditions of this Agreement; provided, however, that the Bank shall have no
obligation to issue any Letter(s) of Credit pursuant hereto at any time when
there exists any set of facts or circumstances which, by themselves or upon the
giving of notice or the lapse of time, or both would constitute an Event of
Default under this Agreement. The Letter(s) of Credit shall be evidenced by and
reimbursement therefor shall be made in accordance with the terms of one or more
applications and agreements for commercial letter(s) of credit agreed upon by
the parties hereto in substitution or partial substitution therefor in favor of
the Bank. No Letter(s) of Credit shall have an expiry date in excess of one year
from the date of its issuance nor later than the Termination

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Date. Any Letter(s) of Credit issued hereunder will reduce the availability
under the Commitment dollar for dollar. The Borrower shall pay all fees required
by the Bank for each Letter(s) of Credit issued. The Borrower shall also pay all
other out of pocket expenses in connection with the issuance of any Letter(s) of
Credit. The Letters of Credit issued hereunder will be subject to the Uniform
Customs and Practices for Documentary Credits, in effect as of the date of
issuance of this particular Letter of Credit, which, as of the date hereof, is
the 1993 Revision, International Chamber of Commerce Publication No. 500 and, to
the extent not inconsistent therewith, the laws of the State of Ohio.
     Section 4. This Modification shall be governed by and construed in
accordance with the laws of the State of Ohio.
     Section 5. THE BANK AND THE BORROWER ACKNOWLEDGE AND AGREE THAT THERE MAY
BE A CONSTITUTIONAL RIGHT TO A JURY TRIAL IN CONNECTION WITH ANY CLAIM, DISPUTE
OR LAWSUIT ARISING BETWEEN OR AMONG THEM, BUT THAT SUCH RIGHT MAY BE WAIVED.
ACCORDINGLY, THE PARTIES AGREE THAT NOTWITHSTANDING SUCH CONSTITUTIONAL RIGHT,
IN THIS COMMERCIAL MATTER THE PARTIES BELIEVE AND AGREE THAT IT SHALL BE IN
THEIR BEST INTEREST TO WAIVE SUCH RIGHT, AND, ACCORDINGLY, HEREBY WAIVE SUCH
RIGHT TO A JURY TRIAL, AND FURTHER AGREE THAT THE BEST FORUM FOR HEARING ANY
CLAIM, DISPUTE OR LAWSUIT, IF ANY, ARISING IN CONNECTION WITH THIS AGREEMENT,
ANY LOAN DOCUMENTS OR THE RELATIONSHIP AMONG THE BANK AND THE BORROWER SHALL BE
A COURT OF COMPETENT JURISDICTION SITTING WITHOUT A JURY IN FRANKLIN COUNTY,
OHIO.
     Section 6. Any capitalized terms used herein, but not defined, shall have
the meaning given to such terms in the Loan Agreement.
     IN WITNESS WHEREOF, the Bank and the Borrower have executed this Agreement
as of the date set forth above.

                R. G. BARRY CORPORATION
 
       
 
       
 
  By:   /s/ Daniel D. Viren
 
       
 
  Name:   Daniel D. Viren
 
  Title:   Chief Financial Officer
 
       
 
       
 
            THE HUNTINGTON NATIONAL BANK
 
       
 
       
 
  By:   /s/ Bud Ward
 
       
 
  Name:   Bud Ward
 
  Title:   Senior Vice President

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