Exhibit 10.2
 CONFORMED COPY
 
 Belk, Inc.  Belk Administration Company  Belk International, Inc.
 Belk Stores Services, Inc.  Belk-Simpson Company, Greenville, South Carolina  The Belk Center, Inc..
 Belk Accounts Receivable, LLC  Belk Stores of Virginia LLC  Belk Gift Card Company LLC
 Belk Merchandising, LLC  Belk Texas Holdings LLC  Belk Department Stores LP
 Belk Ecommerce LLC  Belk Stores of Mississippi LLC
  
 Note Purchase Agreement




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TABLE OF CONTENTS
 Section
    
    PageSECTION 1. Authorization of Notes
    
    2Section 1.1 Description of Notes
    
    2Section 1.2 Provisions Relating to the Notes
    
    2SECTION 2. Sale and Purchase of Notes
    
    2SECTION 3. Closing
    
    2SECTION 4. Conditions to Closing
    
    3Section 4.1 Representations and Warranties
    
    3Section 4.2 Performance; No Default
    
    3Section 4.3 Compliance Certificates
    
    3Section 4.4 Opinions of Counsel
    
    3Section 4.5 Purchase Permitted By Applicable Law, Etc
    
    3Section 4.6 Sale of Other Notes
    
    4Section 4.7 Payment of Documentation Fee
    
    4Section 4.8 Private Placement Number
    
    4Section 4.9 Changes in Corporate Structure
    
    4Section 4.10 Funding Instructions
    
    4Section 4.11 Proceedings and Documents
    
    4SECTION 5. Representations and Warranties of the Obligors
    
    4Section 5.1 Organization; Power and Authority
    
    4Section 5.2 Authorization, Etc
    
    5Section 5.3 Disclosure
    
    5Section 5.4 Organization and Ownership of Shares of Subsidiaries; Affiliates
    
    5Section 5.5 Financial Statements; Material Liabilities
    
    6Section 5.6 Compliance with Laws, Other Instruments, Etc
    
    6Section 5.7 Governmental Authorizations, Etc
    
    6Section 5.8 Litigation; Observance of Agreements, Statutes and Orders
    
    7Section 5.9 Taxes
    
    7Section 5.10 Title to Property; Leases
    
    7Section 5.11 Licenses, Permits, Etc
    
    8Section 5.12 Compliance with ERISA
    
    8Section 5.13 Private Offering by the Obligors
    
    9Section 5.14 Use of Proceeds; Margin Regulations
    
    9Section 5.15 Existing Debt; Future Liens
    
    9
 -i-




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TABLE OF CONTENTS
 Section
    
    PageSection 5.16 Foreign Assets Control Regulations, Etc
    
    10Section 5.17 Status under Certain Statutes
    
    11Section 5.18 Environmental Matters
    
    11Section 5.19 Employee Relations
    
    11Section 5.20 Notes Rank Pari Passu
    
    12Section 5.21 Solvency of the Obligors
    
    12Section 5.22 Consideration
    
    12SECTION 6. Representations of the Purchasers
    
    12Section 6.1 Purchase for Investment
    
    12Section 6.2 Accredited Investor
    
    12Section 6.3 Source of Funds
    
    12SECTION 7. Information as to the Obligors
    
    14Section 7.1 Financial and Business Information
    
    14Section 7.2 Officers Certificate
    
    17Section 7.3 Visitation
    
    17SECTION 8. Payment of the Notes
    
    18Section 8.1 Required Prepayments
    
    18Section 8.2 Optional Prepayments
    
    18Section 8.3 Allocation of Partial Prepayments
    
    19Section 8.4 Maturity; Surrender, Etc
    
    19Section 8.5 Purchase of Notes
    
    19Section 8.6 Make-Whole Amount
    
    19SECTION 9. Affirmative Covenants
    
    21Section 9.1 Compliance with Law
    
    21Section 9.2 Insurance
    
    21Section 9.3 Maintenance of Properties
    
    21Section 9.4 Payment of Taxes and Claims
    
    22Section 9.5 Corporate Existence, Etc
    
    22Section 9.6 Designation of Subsidiaries
    
    22Section 9.7 Notes to Rank Pari Passu
    
    22Section 9.8 Books and Records
    
    23Section 9.9 Additional Obligors; Release of Obligors
    
    23SECTION 10. Negative Covenants
    
    24
 -ii-




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TABLE OF CONTENTS
 Section
    
    PageSection 10.1 Consolidated Debt to Consolidated Tangible Capitalization
    
    24Section 10.2 Fixed Charge Coverage Ratio
    
    24Section 10.3 Priority Debt
    
    24Section 10.4 Limitation on Liens
    
    24Section 10.5 Sales of Assets
    
    26Section 10.6 Merger and Consolidation
    
    27Section 10.7 Transactions with Affiliates
    
    28Section 10.8 Terrorism Sanctions Regulations
    
    28Section 10.9 Line of Business
    
    28SECTION 11. Events of Default
    
    29SECTION 12. Remedies on Default, Etc
    
    31Section 12.1 Acceleration
    
    31Section 12.2 Other Remedies
    
    31Section 12.3 Rescission
    
    32Section 12.4 No Waivers or Election of Remedies, Expenses, Etc
    
    32SECTION 13. Registration; Exchange; Substitution of Notes
    
    32Section 13.1 Registration of Notes
    
    32Section 13.2 Transfer and Exchange of Notes
    
    33Section 13.3 Replacement of Notes
    
    33SECTION 14. Payments on Notes
    
    34Section 14.1 Place of Payment
    
    34Section 14.2 Home Office Payment
    
    34SECTION 15. Expenses, Etc
    
    34Section 15.1 Transaction Expenses
    
    34Section 15.2 Survival
    
    35SECTION 16. Survival of Representations and Warranties; Entire Agreement
    
    35SECTION 17. Amendment and Waiver
    
    35Section 17.1 Requirements
    
    35Section 17.2 Solicitation of Holders of Notes
    
    35Section 17.3 Binding Effect, Etc
    
    36Section 17.4 Notes Held by the Obligors, Etc
    
    36SECTION 18. Notices
    
    36SECTION 19. Reproduction of Documents
    
    37
 -iii-




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TABLE OF CONTENTS
 Section
    
    PageSECTION 20. Confidential Information
    
    37SECTION 21. Substitution of Purchaser
    
    38SECTION 22. Miscellaneous
    
    39Section 22.1 Successors and Assigns
    
    39Section 22.2 Payments Due on Non-Business Days
    
    39Section 22.3 Accounting Terms
    
    39Section 22.4 Joint and Several Liability of Obligors
    
    39Section 22.5 Severability
    
    40Section 22.6 Construction
    
    40Section 22.7 Counterparts
    
    40Section 22.8 Governing Law
    
    41Section 22.9 Jurisdiction and Process; Waiver of Jury Trial
    
    41
 -iv-




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Attachments to Note Purchase Agreement:
 Schedule A
    
    
    
    Information Relating to PurchasersSchedule B
    
    
    
    Defined TermsSchedule 5.3
    
    
    
    Disclosure MaterialsSchedule 5.4
    
    
    
    Subsidiaries of the Obligors, Ownership of Subsidiary Stock, AffiliatesSchedule 5.5
    
    
    
    Financial StatementsSchedule 5.15
    
    
    
    Existing DebtSchedule 5.19
    
    
    
    Employee RelationsSchedule 10.4
    
    
    
    Existing LiensExhibit 1
    
    
    
    Form of Senior Notes due November 23, 2020Exhibit 2
    
    
    
    Form of JoinderExhibit 4.4(a)
    
    
    
    Form of Opinion of Assistant General Counsel to the ObligorsExhibit 4.4(b)
    
    
    
    Form of Opinion of Special Counsel to the Obligors
 -i-




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Belk, Inc.  Belk Administration Company  Belk International, Inc.  Belk Stores Services, Inc.  Belk-Simpson Company, Greenville, South Carolina  The Belk Center, Inc.  Belk Accounts Receivable, LLC  Belk Stores of Virginia LLC  Belk Gift Card Company LLC  Belk Merchandising, LLC  Belk Texas Holdings LLC  Belk Department Stores LP  Belk Ecommerce LLC  Belk Stores of Mississippi LLC
  
 To the Purchasers listed in  the attached Schedule A:
  Belk, Inc. Company Belk Administration
Company Administration Belk International, Inc. International Belk Stores Services, Inc. Stores Services Belk-Simpson Company, Greenville, South Carolina Belk-Simpson The Belk Center, Inc. Belk Center Belk Accounts Receivable, LLC Belk Accounts Belk Stores of Virginia LLC Belk Virginia Belk Gift Card Company LLC Belk Gift Card Belk Merchandising, LLC Merchandising Belk Texas Holdings LLC Belk Holdings Belk Department Stores LP Belk Department Stores Belk Ecommerce LLC Belk Ecommerce Belk Stores of Mississippi LLC Belk Mississippi




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Obligor Obligors Purchasers
 Authorization of Notes
 Section 1.1 Description of Notes Notes
 Section 1.2 Provisions Relating to the Notes
 Sale and Purchase of Notes
  Closing
 Closing Date
 -2-




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Conditions to Closing
  Section 4.1 Representations and Warranties.
 Section 4.2 Performance; No Default
 Section 4.3 Compliance Certificates.
 Officers Certificate.
 Secretarys Certificate.
 Section 4.4 Opinions of Counsel
 Section 4.5 Purchase Permitted By Applicable Law, Etc
 -3-




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Section 4.6 Sale of Other Notes
 Section 4.7 Payment of Documentation Fee
 Section 4.8 Private Placement Number.
 Section 4.9 Changes in Corporate Structure
 Section 4.10 Funding Instructions
 Section 4.11 Proceedings and Documents
 Representations and Warranties of the Obligors.
  Section 5.1 Organization; Power and Authority
 -4-




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Section 5.2 Authorization, Etc
 Section 5.3 Disclosure  Disclosure Documents"
 Section 5.4 Organization and Ownership of Shares of Subsidiaries; Affiliates
   -5-




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Section 5.5 Financial Statements; Material Liabilities
 Section 5.6 Compliance with Laws, Other Instruments, Etc
 Section 5.7 Governmental Authorizations, Etc
 -6-




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Section 5.8 Litigation; Observance of Agreements, Statutes and Orders
   Section 5.9 Taxes
 Section 5.10 Title to Property; Leases
 -7-




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Section 5.11 Licenses, Permits, Etc
    Section 5.12 Compliance with ERISA.
    -8-




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Section 5.13 Private Offering by the Obligors
 Section 5.14 Use of Proceeds; Margin Regulations
 Section 5.15 Existing Debt; Future Liens.
  -9-




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Section 5.16 Foreign Assets Control Regulations, Etc
    -10-




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Section 5.17 Status under Certain Statute
 Section 5.18 Environmental Matters
     Section 5.19 Employee Relations.
 Section 5.20 Notes Rank Pari Passu.
 -11-




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pari passu
 Section 5.21 Solvency of the Obligors.
 Section 5.22 Consideration.
 Representations of the Purchasers
 Section 6.1 Purchase for Investment  provided
 Section 6.2 Accredited Investor
 Section 6.3 Source of Funds Source
 -12-




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PTE NAIC Annual Statement
   QPAM Exemption
 INHAM Exemption
 -13-




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Information as to the Obligors
 Section 7.1 Financial and Business Information
 Quarterly Statements
   provided
 Annual Statements
 -14-




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provided
 SEC and Other Reports
 Notice of Default or Event of Default
 ERISA Matters
 -15-




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Notices from Governmental Authority
 Requested Information
  -16-




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Section 7.2 Officers Certificate
 Covenant Compliance
 Event of Default
 Section 7.3 Visitation
 No Default
 Default
 -17-




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Payment of the Notes
 Section 8.1 Required Prepayments.
 Section 8.2 Optional Prepayments.
 Optional Prepayments of Notes. plus plus
 Optional Prepayment following Default. plus plus
 Notice of Optional Prepayments.
 -18-




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Section 8.3 Allocation of Partial Prepayments
 Section 8.4 Maturity; Surrender, Etc.
 Section 8.5 Purchase of Notes
 Section 8.6 Make-Whole Amount Make-Whole Amount minus provided
 Called Principal
 -19-




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Discounted Value
 Reinvestment Yield plus Bloomberg
 Remaining Average Life
 Remaining Scheduled Payments provided
 -20-




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Settlement Date
 Affirmative Covenants
  Section 9.1 Compliance with Law
 Section 9.2 Insurance
 Section 9.3 Maintenance of Properties provided
 Section 9.4 Payment of Taxes and Claims provided
 -21-




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Section 9.5 Corporate Existence, Etc
 Section 9.6 Designation of Subsidiaries. provided,
however, provided, further,
 Section 9.7 Notes to Rank Pari Passu. pari passu
 Section 9.8 Books and Records.
 Section 9.9 Additional Obligors; Release of Obligors
  -22-




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Joinder
 provided
    -23-




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provided
  Negative Covenants
  Section 10.1 Consolidated Debt to Consolidated Tangible Capitalization.
 Section 10.2 Fixed Charge Coverage Ratio.
 Section 10.3 Priority Debt.
 Section 10.4 Limitation on Liens
 -24-




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provided
   provided
 -25-




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provided
 provided
 provided
 Section 10.5 Sales of Assets. provided, however,
 -26-




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provided ,
 provided
 Section 10.6 Merger and Consolidation. provided
    -27-




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Successor
Corporation
   Section 10.7 Transactions with Affiliates provided
 Section 10.8 Terrorism Sanctions Regulations.
 Section 10.9 Line of Business. provided
 -28-




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Events of Default
 Event of Default
       -29-




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-30-




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Remedies on Default, Etc.
 Section 12.1 Acceleration
     Section 12.2 Other Remedies
 -31-




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Section 12.3 Rescission
 Section 12.4 No Waivers or Election of Remedies, Expenses, Etc
 Registration; Exchange; Substitution of Notes
 Section 13.1 Registration of Notes.
 Section 13.2 Transfer and Exchange of Notes
 -32-




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provided provided
 Section 13.3 Replacement of Notes
 provided
   Payments on Notes.
 Section 14.1 Place of Payment
 -33-




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Section 14.2 Home Office Payment
 Expenses, Etc
 Section 15.1 Transaction Expenses provided
 Section 15.2 Survival
 -34-




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Survival of Representations and Warranties; Entire Agreement
  Amendment and Waiver.
 Section 17.1 Requirements
 Section 17.2 Solicitation of Holders of Notes.
 Solicitation.
 Payment.
 -35-




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Consent in Contemplation of Transfer
 Section 17.3 Binding Effect, Etc
 Section 17.4 Notes Held by the Obligors, Etc
 Notices
   -36-




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Reproduction of Documents.
  Confidential Information.
 Confidential Information provided provided
 -37-




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Substitution of Purchaser.
  Miscellaneous.
 Section 22.1 Successors and Assigns
 -38-




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Section 22.2 Payments Due on Non-Business Days provided
 Section 22.3 Accounting Terms
 Section 22.4 Joint and Several Liability of Obligors.
   -39-




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Section 22.5 Severability
 Section 22.6 Construction
  Section 22.7 Counterparts
 Section 22.8 Governing Law
 -40-




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Section 22.9 Jurisdiction and Process; Waiver of Jury Trial
    (d) The parties hereto hereby waive trial by jury in any action brought on
or with respect to this Agreement, the Notes or any other document executed in connection
herewith or therewith.
  -41-




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Belk, Inc.By
    /s/ Kevin BinkleyName:
    Kevin BinkleyTitle:
    TreasurerBelk Administration CompanyBy
    /s/ Kevin BinkleyName:
    Kevin BinkleyTitle:
    TreasurerBelk International, Inc.By
    /s/ Kevin BinkleyName:
    Kevin BinkleyTitle:
    TreasurerBelk Stores Services, Inc.By
    /s/ Kevin BinkleyName:
    Kevin BinkleyTitle:
    TreasurerBelk-Simpson Company, Greenville, South
CarolinaBy
    /s/ Kevin BinkleyName:
    Kevin BinkleyTitle:
    Treasurer -42-




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The Belk Center, Inc.By
    /s/ Kevin BinkleyName:
    Kevin BinkleyTitle:
    TreasurerBelk Accounts Receivable, LLCBy
    /s/ Kevin BinkleyName:
    Kevin BinkleyTitle:
    TreasurerBelk Stores of Virginia LLCBy
    /s/ Kevin BinkleyName:
    Kevin BinkleyTitle:
    TreasurerBelk Gift Card Company LLCBy
    /s/ Kevin BinkleyName:
    Kevin BinkleyTitle:
    TreasurerBelk Merchandising, LLCBy
    /s/ Kevin BinkleyName:
    Kevin BinkleyTitle:
    TreasurerBelk Texas Holdings LLCBy
    /s/ Kevin BinkleyName:
    Kevin BinkleyTitle:
    Treasurer -43-




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Belk Department Stores LP
      By: Belk, Inc., its General Partner By
    /s/ Kevin BinkleyName:
    Kevin BinkleyTitle:
    Treasurer Belk Ecommerce LLCBy
    /s/ Kevin BinkleyName:
    Kevin BinkleyTitle:
    Treasurer Belk Stores of Mississippi LLCBy
    /s/ Kevin BinkleyName:
    Kevin BinkleyTitle:
    Treasurer -44-




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THE PRUDENTIAL INSURANCE COMPANY
OF AMERICABy:
    /s/ Jay WhiteVice President THE PRUDENTIAL LIFE INSURANCE
COMPANY, LTD.By:
    Prudential Investment Management (Japan),Inc., as Investment Manager By:
    Prudential Investment Management, Inc.,as Sub-Adviser By:
    /s/ Jay WhiteVice President -45-




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INFORMATION
RELATING TO PURCHASERS
 PURCHASER SCHEDULE
 AggregatePrincipalAmount of Notes
    
    Noteto be Purchased
    
    Denomination(s)THE PRUDENTIAL INSURANCE COMPANY OF
AMERICA
    
    $
    40.000.000.00
    
    
    $
    40,000,000.00(1)
    
    All payments on account of Notes held by such
purchaser shall be made by wire transfer of
immediately available funds for credit to:Account Name: Prudential Managed Portfolio
Account No.: P86188 (please do not include
spaces) (in the case of payments on account of
the Note originally issued in the principal
amount of $40,000,000.00)JPMorgan Chase Bank 

New York, NY

ABA No.: 021-000-021Each such wire transfer shall set forth the name
of the Company, a reference to 5.70% Senior
Notes due November 23, 2020, PPN [_____] and
the due date and application (as among
principal, interest and Make-Whole Amount) of
the payment being made.(2)
    
    Address for all notices relating to payments:The Prudential Insurance Company of Americac/o Investment Operations GroupGateway Center Two, 10th Floor100 Mulberry StreetNewark, NJ 07102-4077Attention: Manager, Billings and Collections(3)
    
    Address for all other communications and notices:The Prudential Insurance Company of Americac/o Prudential Capital Group1170 Peachtree StreetSuite 500Atlanta, GA 30309
 Schedule A




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AggregatePrincipalAmount of Notes
    
    Noteto be Purchased
    
    Denomination(s)Attention: Managing Directorcc: Vice President and Corporate Counsel(4)
    
    Recipient of telephonic prepayment notices:Manager, Trade Management GroupTelephone: (973) 367-3141Facsimile: (888) 889-3832(5)
    
    Address for Delivery of Notes:Send physical security by nationwide overnight
delivery service to:Prudential Capital Group1170 Peachtree StreetSuite 500Atlanta, GA 30309Attention: Michael R. Fierro, Esq.Telephone: (404) 870-3753(6)
    
    Tax Identification No.: 22-1211670Fee amount to account P86188
    
    $
    5,600
 A-2




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AggregatePrincipalAmount of Notes
    
    Noteto be Purchased
    
    Denomination(s)THE PRUDENTIAL LIFE INSURANCE COMPANY, LTD.
    
    $
    10,000,000.00
    
    
    $
    10,000,000.00(1)
    
    All principal, interest and Make-Whole Amount payments on
account of Notes held by such purchaser shall be made by
wire transfer of immediately available funds for credit to:JPMorgan Chase BankNew York, NYABA No.: 021-000-021Account No.: P86291Account Name: The Prudential Life Insurance Company, Ltd.Each such wire transfer shall set forth the name of the
Company, a reference to 5.70% Senior Notes due November 23,
2020, PPN [___] and the due date and application (as among
principal, interest and Make-Whole Amount) of the payment
being made.(2)
    
    All payments, other thanprincipal, interest or Make-Whole
Amount, on account of Notes held by such purchaser shall be
made by wire transfer of immediately available funds for
credit to:JPMorgan Chase BankNew York, NYABA No. 021-000-021Account No. 304199036Account Name: Prudential International Insurance Service Co.Each such wire transfer shall set forth the name of the
Company, a reference to 5.70% Senior Notes due November 23,
2020, PPN [_____] and the due date and application (e.g.,
type of fee) of the payment being made.(3)
    
    Address for all notices relating to payments:The Prudential Life Insurance Company, Ltd.2-13-10, NagatachoChiyoda-ku, Tokyo 100-0014, JapanTelephone: 81-3-5501-5190Facsimile: 81-03-5501-5037




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AggregatePrincipalAmount of Notes
    
    Noteto be Purchased
    
    Denomination(s)E-mail:
osamu.egi@prudential.comAttention: Osamu Egi, Team Leader of Financial Reporting
Team(4)
    
    Address for all other communications and notices:Prudential Private Placement Investors, L.P.c/o Prudential Capital Group1170 Peachtree Street, Suite 500Atlanta, GA 30309Attention: Managing Directorcc: Vice President and Corporate Counsel(5)
    
    Address for Delivery of Notes:Send physical security by nationwide overnight delivery
service to:Prudential Capital Group1170 Peachtree Street, Suite 500Atlanta, GA 30309Attention: Michael R. Fierro, Esq.Telephone: (404) 870-3753(6)
    
    Tax Identification No.: 98-0433392Fee amount to account P86291
    
    $
    1,400
 A-4




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Defined Terms
  2005 Note Agreement
 2007 Note Agreement
 Additional Debt
 Affiliate Control Affiliate
 Agreement
 Anti-Terrorism Order
 Bank Credit Agreement
 Schedule




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Business Day
 Capital Lease
 Closing Date
 Code
 Company
 Confidential Information
 Consolidated
 Consolidated Adjusted Debt
 Consolidated Debt
 Consolidated Tangible Capitalization
 Consolidated Total Assets
 Debt
 B-2




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Default
 Default Rate
 Disclosure Documents
 EBITDA plus less
 EBITDAR plus
 Environmental Laws
 ERISA
 B-3




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ERISA Affiliate
 Event of Default
 Exchange Act
 Fair Market Value
 Fixed Charge Coverage Ratio
 Fixed Charges
 Funded Debt
 GAAP provided
 Governmental Authority
 B-4




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Guaranty Obligation provided
 Hazardous Material
 Hedging Agreement
 holder
 INHAM Exemption
 B-5




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Institutional Investor
 Interest Expense
 Interest Rate Contract
 Joinder
 Lien
 Make-Whole Amount
 Material
 Material Adverse Effect
 Material Subsidiary
 Multiemployer Plan
 B-6




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NAIC
 NAIC Annual Statement
 Net Income provided
 Net Worth
 Notes
 Obligor Obligors
 Officers Certificate
 Operating Lease
 PBGC
 B-7




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Person
 Plan
 Prepaid Pension Asset
 Priority Debt provided
 property properties
 PTE
 Purchasers
 QPAM Exemption
 Qualified Institutional Buyer
 Related Fund
 Rental Expense
 B-8




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Required Holders
 Responsible Officer
 Restricted Subsidiary
 SEC
 Securities Act
 Senior Debt
 Senior Financial Officer
 Source
 Subordinated Debt
 Subsidiary
 B-9




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Successor Corporation
 SVO
 Synthetic Lease
 Unrestricted Subsidiary
 U.S. Dollars
 USA Patriot Act
 Wholly-Owned Restricted Subsidiary
 B-10




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Disclosure Materials
  Schedule




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Subsidiaries of the Obligors, Ownership of Subsidiary
Stock, Affiliates
 State ofSubsidiary
    
    Incorporation
    
    Stockholder
 Schedule




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Financial Statements
  Schedule




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Existing Debt; Future Liens
  Schedule




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Employee Relations
  Schedule




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Form of Note
 Belk, Inc.  Belk Administration Company  Belk International, Inc.  Belk Stores Services, Inc.  Belk-Simpson Company, Greenville, South Carolina  The Belk Center, Inc.  Belk Accounts Receivable, LLC  Belk Stores of Virginia LLC  Belk Gift Card Company LLC  Belk Merchandising, LLC  Belk Texas Holdings LLC  Belk Department Stores LP  Belk Ecommerce LLC  Belk Stores of Mississippi LLC
 5.70
 No. R-___
    
    _________, 20__$__________
    
    PPN [__________]
 For Value Received Belk, Inc., Company Belk Administration Company Administration Belk International, Inc. International Belk Stores
Services, Inc. Stores Services Belk-Simpson Company,
Greenville, South Carolina Belk-Simpson The Belk
Center, Inc. Belk Center Belk Accounts Receivable,
LLC Belk Accounts Belk Stores of Virginia
LLC Belk Virginia Belk Gift Card Company
LLC Belk Gift Card Belk Merchandising,
LLC Merchandising Belk Texas Holdings
LLC Belk Holdings Belk Department Stores
LP Belk Department Stores Belk Ecommerce
LLC Belk Ecommerce Belk Stores of
Mississippi LLC Belk Mississippi Obligor Obligors Dollars rd
 Exhibit




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Notes Note Purchase Agreement provided
     E-1-2




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Belk, Inc.ByName:Title:Belk Administration CompanyByName:Title:Belk International, Inc.ByName:Title:Belk Stores Services, Inc.ByName:Title:Belk-Simpson Company, Greenville, South
CarolinaByName:Title:The Belk Center, Inc.ByName:Title: E-1-3




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Belk Accounts Receivable, LLCByName:Title:Belk Stores of Virginia LLCByName:Title:Belk Gift Card Company LLCByName:Title:Belk Merchandising, LLCByName:Title:Belk Texas Holdings LLCByName:Title:Belk Department Stores LP By:
    Belk, Inc., its General PartnerByName:Title: E-1-4




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Belk Ecommerce LLCByName:Title:Belk Stores of Mississippi LLCByName:Title: E-1-5




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Form of Joinder Agreement
 This Joinder Agreement Belk,
Inc., Company Belk Administration Company Administration Belk International, Inc. International Belk Stores Services, Inc. Stores Services Belk-Simpson Company, Greenville, South Carolina Belk-Simpson The Belk Center, Inc. Belk
Center Belk Accounts Receivable, LLC Belk
Accounts Belk Stores of Virginia LLC Belk
Virginia Belk Gift Card Company LLC Belk
Gift Card Belk Merchandising, LLC Merchandising Belk Texas Holdings LLC Belk Holdings Belk Department Stores LP Belk
Department Stores Belk Ecommerce LLC Belk
Ecommerce Belk Stores of Mississippi LLC Belk Mississippi Original Obligor Original Obligors New Obligor Noteholders Note Purchase Agreement
 RECITALS:
 Whereas
 Whereas
 Whereas
 Exhibit




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Whereas
 Now, Therefore
 Definitions.
 Representations.
    Undertakings.
   E-2-2




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New Notes.
 In Witness Whereof
 Very truly yours,Belk, Inc.ByName:Title:Belk Administration CompanyByName:Title:Belk International, Inc.ByName:Title:Belk Stores Services, Inc.ByName:Title: E-2-3




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Belk-Simpson Company, Greenville, South CarolinaByName:Title:The Belk Center, Inc.ByName:Title:Belk Accounts Receivable, LLCByName:Title:Belk Stores of Virginia LLCByName:Title:Belk Gift Card Company LLCByName:Title:Belk Merchandising, LLCByName:Title: E-2-4




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Belk Texas Holdings LLCByName:Title:Belk Department Stores LP By:
    Belk, Inc., its General PartnerByName:Title: Belk Ecommerce LLCByName:Title:Belk Stores of Mississippi LLCByName:Title:[New Obligor]ByName:Title: E-2-5




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Form of Opinion of Assistant General Counsel  to the Obligors
    Exhibit




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Form of Opinion of Special Counsel  to the Obligors
    Exhibit