EXHIBIT 10.4

FIRST AMENDMENT TO CREDIT AGREEMENT

Dated as of September 10, 2015
This FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is by and among
ABERCROMBIE & FITCH MANAGEMENT CO., a Delaware corporation (the “Lead
Borrower”), the other Borrowers and Guarantors party hereto, the Lenders party
hereto, and WELLS FARGO BANK, NATIONAL ASSOCIATION, as administrative agent for
the Lenders (in such capacity, the “Agent”).
PRELIMINARY STATEMENTS
WHEREAS, the Borrowers, the Guarantors, the Lenders and the Agent entered into
that certain Credit Agreement dated as of August 7, 2014 (as amended hereby and
as further amended, restated, amended and restated, supplemented or otherwise
modified from time to time, the “Credit Agreement”); and
WHEREAS, the Lead Borrower has requested that the Agent and the Required Lenders
agree to amend the Credit Agreement as specifically set forth herein and,
subject to the terms of this Amendment, the Agent and the Required Lenders have
agreed to grant such request.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, the parties hereto hereby agree as follows:
Section 1.Capitalized Terms. All capitalized terms not otherwise defined in this
Amendment (including without limitation in the introductory paragraph and the
Preliminary Statements hereto) shall have the meanings as specified in the
Credit Agreement.

Section 2.Amendments to Credit Agreement. Subject to and in accordance with the
terms and conditions set forth herein, the Agent and the Required Lenders hereby
agree to the following amendments to the Credit Agreement:

(a)amend the definition of “Change of Control” contained in Section 1.01 of the
Credit Agreement by (i) deleting clause (b) thereof in its entirety and (ii)
replacing the “(c)” from present clause (c) with “(b)”.

(b)amend Section 8.01(i) of the Credit Agreement to delete the phrase “or any
other Person” each time it occurs therein.

Section 3.Waiver. Subject to and in accordance with the terms and conditions set
forth herein, the Agent and the Required Lenders hereby waive any Default or
Event of Default arising under Section 8.01(i) of the Credit Agreement as a
result of the civil action filed by Eric Gilbert against the Parent, the
directors of the Parent and the Agent in the Common Pleas Court of Franklin
County, Ohio Civil Division, on August 22, 2015, as Case No. 15-CV-007354.

Section 4.Conditions of Effectiveness. The effectiveness of the amendments in
Section 2 and the waiver in Section 3 shall be subject to the satisfaction of
each of the following conditions precedent:

(a)the Agent shall have received counterparts of this Amendment executed by the
Loan Parties, the Agent and the Required Lenders;

--------------------------------------------------------------------------------

(b)the representations and warranties of the Loan Parties contained in Section 5
shall be true and correct; and

(c)all reasonable out-of-pocket costs and expenses incurred by the Agent in
connection with the preparation, negotiation, execution and delivery of this
Amendment and the other instruments and documents to be delivered hereunder
(including, without limitation, the reasonable fees, charges and disbursements
of legal counsel for the Agent in connection with the preparation, negotiation,
execution and delivery of this Amendment) shall have been paid by the Borrowers.

Section 5.Representations and Warranties of the Loan Parties. Each Loan Party
represents and warrants as follows:

(a)The execution, delivery and performance by such Loan Party of its obligations
in connection with this Amendment are within its corporate (or other
organizational) powers, have been duly authorized by all necessary corporate (or
other organizational) action and do not and will not (i) violate any provision
of its articles or certificate of incorporation or bylaws or similar organizing
or governing documents of such Loan Party, (ii) contravene any applicable Law
which is applicable to such Loan Party or (iii) conflict with, result in a
breach of or constitute (with notice, lapse of time or both) a default under any
material indenture or instrument or other material agreement to which such Loan
Party is a party, by which it or any of its properties is bound or to which it
is subject, except, in the case of clauses (ii) and (iii) above, to the extent
such contraventions, conflicts, breaches or defaults could not reasonably be
expected to have a Material Adverse Effect.

(b)Such Loan Party has taken all necessary corporate (or other organizational)
action to execute, deliver and perform this Amendment and has validly executed
and delivered this Amendment. This Amendment constitutes a legal, valid and
binding obligation of such Loan Party, enforceable against each Loan Party that
is party thereto in accordance with its terms, subject to applicable bankruptcy,
insolvency, reorganization, moratorium or other laws affecting creditors’ rights
generally and subject to general principles of equity, regardless of whether
considered in a proceeding in equity or at law.

(c)No material consent, approval, authorization or other action by, notice to,
or registration or filing with, any Governmental Authority or other Person is or
will be required as a condition to or otherwise in connection with the due
execution, delivery and performance by such Loan Party of this Amendment, except
such as have been obtained or made and are in full force and effect.

(d)After giving effect to this Amendment, the representations and warranties
contained in each of the Loan Documents are true and correct in all material
respects on and as of the date hereof as though made on and as of such date
(other than any such representations or warranties that, by their terms, refer
to a specific date, in which case as of such specific date).

(e)No Default or Event of Default shall exist after giving effect to this
Amendment.

Section 6.Reference to and Effect on the Loan Documents. On and after the
effectiveness of this Amendment, each reference in the Credit Agreement to “this
Agreement”, “hereunder”, “hereof” or words of like import referring to the
Credit Agreement, and each reference in each of the other Loan Documents to “the
Credit Agreement”, “thereunder”, “thereof” or words of like import referring to
the Credit Agreement, shall mean and be a reference to the Credit Agreement, as
amended by this Amendment and this Amendment shall constitute a Loan Document.

(a)The Credit Agreement and each of the other Loan Documents, as specifically
amended by this Amendment, are and shall continue to be in full force and effect
and are hereby in all respects

2

--------------------------------------------------------------------------------

ratified and confirmed. Without limiting the generality of the foregoing, the
Security Documents and all of the Collateral described therein do and shall
continue to secure the payment of all Obligations of the Loan Parties under the
Loan Documents, in each case as amended or converted by this Amendment.

(b)The execution, delivery and effectiveness of this Amendment shall not, except
as expressly provided herein, operate as a waiver of any right, power or remedy
of any Lender or the Agent under any of the Loan Documents, nor constitute a
waiver of any other provision of any of the Loan Documents.

Section 7.Reaffirmations. Each Loan Party (a) consents to this Amendment and
agrees that the transactions contemplated by this Amendment shall not limit or
diminish the obligations of such Person, or release such Person from any
obligations, under any of the Loan Documents to which it is a party, (b)
confirms and reaffirms its obligations under each of the Loan Documents to which
it is a party and (c) agrees that each of the Loan Documents to which it is a
party remain in full force and effect and are hereby ratified and confirmed.

Section 8.Execution in Counterparts. This Amendment may be executed in
counterparts (and by different parties hereto in different counterparts), each
of which shall constitute an original, but all of which when taken together
shall constitute a single contract. Delivery of an executed counterpart of a
signature page of this Amendment by facsimile or in electronic (i.e., “pdf” or
“tif”) format shall be effective as delivery of a manually executed counterpart
of this Amendment.

Section 9.Governing Law. This Amendment and any claim, controversy, dispute or
cause of action (whether in contract or tort or otherwise) based upon, arising
out of or relating to this Amendment and the transactions contemplated hereby
and thereby shall be governed by, and construed in accordance with, the law of
the State of New York.

Section 10.Entire Agreement. This Amendment and the other Loan Documents, and
any separate letter agreements with respect to fees payable to the Agent, the
Issuing Lender, each Swingline Lender and/or the Arrangers, constitute the
entire agreement among the parties relating to the subject matter hereof and
supersede any and all previous agreements and understandings, oral or written,
relating to the subject matter hereof.

[Signature Pages Follow]

3

--------------------------------------------------------------------------------

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective officers thereunto duly authorized, as of the date first
above written.

 
BORROWERS:
 
 
 
 
ABERCROMBIE & FITCH
 
MANAGEMENT CO., as Lead Borrower
 
ABERCROMBIE & FITCH STORES, INC.
 
J.M. HOLLISTER, LLC
 
GILLY HICKS, LLC
 
ABERCROMBIE & FITCH TRADING CO., as
 
Borrowers
 
 
 
 
By:
/s/ Everett Gallagher
 
Name:
Everett Gallagher
 
Title:
Senior Vice President and Treasurer
 
 
 
 
 
 
 
 
 

Abercrombie & Fitch Management Co.
First Amendment to Credit Agreement
Signature Page

--------------------------------------------------------------------------------

 
GUARANTORS:
 
 
 
 
ABERCROMBIE & FITCH CO., as Parent and
 
as a Guarantor
 
 
 
 
By:
/s/ Everett Gallagher
 
Name:
Everett Gallagher
 
Title:
Senior Vice President - Tax, Treasury and
 
 
Risk Management and Treasurer
 
 
 
 
 
 
 
A&F TRADEMARK, INC.
 
ABERCROMBIE & FITCH HOLDING
 
CORPORATION
 
HOLLISTER CO.
 
J.M.H. TRADEMARK, INC.
 
HOLLISTER CO. CALIFORNIA, LLC
 
AFH PUERTO RICO LLC
 
A&F CANADA HOLDING CO., as Guarantors
 
 
 
 
By:
/s/ Everett Gallagher
 
Name:
Everett Gallagher
 
Title:
Senior Vice President and Treasurer

 
ABERCROMBIE & FITCH PROCUREMENT
 
SERVICES, LLC, as a Guarantor
 
 
 
 
By:
Abercrombie & Fitch Trading Co.,
 
 
its Sole Member
 
 
 
 
By:
/s/ Everett Gallagher
 
Name:
Everett Gallagher
 
Title:
Senior Vice President and Treasurer

Abercrombie & Fitch Management Co.
First Amendment to Credit Agreement
Signature Page

--------------------------------------------------------------------------------

 
WELLS FARGO BANK, NATIONAL
 
ASSOCIATION, as Agent and as a Leader
 
 
 
 
By:
/s/ Peter Foley
 
Name:
Peter Foley
 
Its Authorized Signatory

Abercrombie & Fitch Management Co.
First Amendment to Credit Agreement
Signature Page

--------------------------------------------------------------------------------

 
PNC BANK, NATIONAL
 
ASSOCIATION, as a Lender
 
 
 
 
By:
/s/ Todd Milenius
 
Name:
Todd Milenius
 
Title:
Vice President

Abercrombie & Fitch Management Co.
First Amendment to Credit Agreement
Signature Page

--------------------------------------------------------------------------------

 
JPMORGAN CHASE BANK, N.A., as a
 
Lender
 
 
 
 
By:
/s/ Jenifer L. Medzi
 
Name:
Jenifer L. Medzi
 
Title:
Authorized Officer

Abercrombie & Fitch Management Co.
First Amendment to Credit Agreement
Signature Page

--------------------------------------------------------------------------------

 
BANK OF AMERICA, N.A., as a Lender
 
 
 
 
 
 
By:
/s/ Matthew Potter
 
Name:
Matthew Potter
 
Title:
Vice President

Abercrombie & Fitch Management Co.
First Amendment to Credit Agreement
Signature Page

--------------------------------------------------------------------------------

 
FIFTH THIRD BANK, as a Lender
 
 
 
 
 
 
By:
/s/ Michael J. Schultz, Jr.
 
Name:
Michael J. Schultz, Jr.
 
Title:
Vice President

Abercrombie & Fitch Management Co.
First Amendment to Credit Agreement
Signature Page

--------------------------------------------------------------------------------

 
HSBC BANK USA, N.A., as a Lender
 
 
 
 
 
 
By:
/s/ Darren Pinsker
 
Name:
Darren Pinsker
 
Title:
SVP

Abercrombie & Fitch Management Co.
First Amendment to Credit Agreement
Signature Page

--------------------------------------------------------------------------------

 
THE HUNTINGTON NATIONAL
 
BANK, as a Lender
 
 
 
 
By:
/s/ Tracy Salyers
 
Name:
Tracy Salyers
 
Title:
Vice President

Abercrombie & Fitch Management Co.
First Amendment to Credit Agreement
Signature Page

--------------------------------------------------------------------------------

 
CITIZENS BUSINESS CAPITAL, a
 
division of Citizens Asset Finance, Inc., as a
 
Lender
 
 
 
 
By:
/s/ Rohit Mehta
 
Name:
Rohit Mehta
 
Title:
Vice President

Abercrombie & Fitch Management Co.
First Amendment to Credit Agreement
Signature Page

--------------------------------------------------------------------------------

 
SUMITOMO MITSUI BANKING
 
CORPORATION, as a Lender
 
 
 
 
By:
/s/ Katsuyuki Kubo
 
Name:
Katsuyuki Kubo
 
Title:
Managing Director

Abercrombie & Fitch Management Co.
First Amendment to Credit Agreement
Signature Page

--------------------------------------------------------------------------------

 
U.S. BANK NATIONAL
 
ASSOCIATION, as a Lender
 
 
 
 
By:
/s/ Thomas P Chidester
 
Name:
Thomas P. Chidester
 
Title:
Vice President

Abercrombie & Fitch Management Co.
First Amendment to Credit Agreement
Signature Page