**Exhibit 10.16(d)****FOURTH AMENDMENT TO LEASE**     THIS AMENDMENT, dated this 10th day of November, 2007, between CLP INDUSTRIALPROPERTIES, LLC, a Delaware Limited Liability Company (“Lessor”) and SKECHERS USA, INC., a Delawarecorporation (“Lessee”), for the premises located in the City of Ontario, County of San Bernardino,State of California, commonly known as 1777 S. Vintage Avenue (the “Premises”).**WITNESSETH:**     **WHEREAS**, Lessor and Lessee, entered into that certain Lease dated November 21, 1997, the FirstAmendment to Lease dated April 26, 2002, the Second Amendment to Lease dated May 14, 2002, and theThird Amendment to Lease dated May 7, 2007, (hereinafter collectively referred to as the “Lease”);and     **WHEREAS**, Lessor and Lessee desire to amend the Lease as more fully set forth below.     **NOW THEREFORE**, in consideration of the mutual covenants and conditions contained herein andother good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged,the parties agree as follows:     1. Definitions. Unless otherwise specifically set forth herein, all capitalized termsherein shall have the same meaning as set forth in the Lease.     2. Renewal Option. Lessee shall, provided the Lease is in full force and effect andLessee is not in default under any of the other terms and conditions of the Lease at the time ofnotification or commencement, have one (1) option to renew this Lease for a term of *six (6) months*,for the portion of the Premises being leased by Lessee as of the date the renewal term is tocommence, on the same terms and conditions set forth in the Lease, except as modified by the terms,covenants and conditions as set forth below: a. If Lessee elects to exercise said option, then Lessee shallprovide Lessor with written notice no earlier than the date which is nine (9)months prior to the expiration of the then current term of the Lease but nolater than the date which is six (6) months prior to the expiration of thethen current term of this Lease. If Lessee fails to provide such notice,Lessee shall have no further or additional right to extend or renew the termof the Lease.**[THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]**
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 b. The Annual Rent and Monthly Installment shall increase effective June 1, 2009 asfollows:                   **Period** **Rentable Square** **Annual Rent** **Annual Rent** **Monthly Installment****from** **through** **Footage** **Per Square Foot** **Base Rent** **of Base Rent**6/1/2009 11/30/2009  284,559  $5.40  $1,536,618.60  $128,051.55  c. This option is not transferable; the parties hereto acknowledge and agree that theyintend that the aforesaid option to renew this Lease shall be “personal” to Lessee as setforth above and that in no event will any assignee or sublessee have any rights toexercise the aforesaid option to renew. d. As each renewal option provided for above is exercised, the number of renewal optionsremaining to be exercised is reduced by one and upon exercise of the last remainingrenewal option Lessee shall have no further right to extend the term of the Lease.     3. Broker Indemnification. Lessee represents and warrants to Lessor that no realestate broker, agent, commissioned salesperson or other person has represented Lessee in thenegotiations of this Amendment, other than CB Richard Ellis and RREEF Management Company. In theevent Lessee exercises it Option to Renew as set forth herein, Lessor agrees to pay all commissionsdue the foregoing broker. Lessee agrees to indemnify and hold Lessor harmless from and against anyclaim for any such commissions, fees or other form of compensation by any such third party claimingthrough the Lessee, including, without limitation, any and all claims, causes of action, damages,costs and expenses, including attorneys’ fees associated therewith.     4. Incorporation. Except as modified herein, all other terms and conditions of theLease between the parties above described, as attached hereto, shall continue in full force andeffect.     5. Limitation of Lessor’s Liability. Redress for any claim against Lessor under thisAmendment and the Lease shall be limited to and enforceable only against and to the extent ofLessor’s interest in the Building. The obligations of Lessor under this Amendment and the Lease arenot intended to be and shall not be personally binding on, nor shall any resort be had to theprivate properties of, any of its or its investment manager’s trustees, directors, officers,partners, beneficiaries, members, stockholders, employees, or agents, and in no case shall Lessorbe liable to Lessee hereunder for any lost profits, damage to business, or any form of special,indirect or consequential damages.
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     **IN WITNESS WHEREOF**, Lessor and Lessee have executed the Amendment as of the day and year firstwritten above.
**LESSOR:****CLP INDUSTRIAL PROPERTIES, LLC,**