dfbg_Ex10_2


		
			Exhibit 10.2
		

		
			THIRD AMENDMENT
		

		
			This is the THIRD AMENDEMENT to the lease agreement, dated, March 12, 2012 by and between The East Los Angeles Community Union, a California Corporation (“Lessor”) and Hudson Clothing, LLC (“Lessee”).
		

		
			In reference to page 1 of 13, paragraph 1.3 of the lease agreement, the ending date is hereby extended to August 31, 2019.
		

		
			In reference to page 1 of 13, paragraph 1.5 of the Lease Agreement, the Base Rent for the period commencing September 1, 2017 and ending August 31, 2019 shall be changed to $15,000.00 per month.
		

		
			In reference to paragraph 52A, of “Option(s) to Extend,” the option to extend the term of this lease shall be changed to One (1) Twenty-four (24) month period.
		

		
			In reference to paragraph 52A, II, (a) of “Option(s) to Extend,” the Market Rental Value adjustment date shall be changed to September 1, 2019 and the Base Rent shall be changed to 95% of the Market Rent Value of the property.
		

		
			In reference to paragraph 52A, II, (a) 2) of “Option(s) to Extend,” the words, “the new ‘MRV’ shall not be greater than $13,810.00” are hereby deleted.
		

		
			In consideration of Lease Renewal, Landlord will at Landlords expense: a: Repair, slurry seal and restripe parking lot.  b. Repair roof leaks.  c. Install a new water heater.  
		

		
			All other terms and conditions of the Lease Agreement AND Amendments remain in full force and effect.
		

		
			The parties hereto have executed this THIRD AMENDEMENT to the “Lease Agreement” at the place and on the dates specified above their respective signatures.
		

			
					
						 

					
					
						 

					
					
						 

				
	
					
						By Lessor: The East Los Angeles Community Union, a California Corporation

				
	
					
						 

					
					
						    

					
					
						 

				
	
					
						Executed on:  April 28, 2017

					
					
						 

					
					
						Executed on: April 28, 2017

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						By:  /s/ Gerald T. Barham

					
					
						 

					
					
						By: /s/ Charles Santangelo

				
	
					
						Name Printed:  Gerald T. Barham

					
					
						 

					
					
						Name Printed:  Charles Santangelo

				
	
					
						Title:  Vice-President

					
					
						 

					
					
						Title:  Property Manager

				
	
					
						Address:  5400 E. Olympic Blvd., Suite 300

					
					
						 

					
					
						Address:  5400 E. Olympic Blvd., Suite 300

				
	
					
						Commerce, CA  90022

					
					
						 

					
					
						Commerce, CA 90022

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						By Lessee:

					
					
						 

					
					
						By Lessee:

				
	
					
						Hudson Clothing, LLC

					
					
						 

					
					
						Hudson Clothing, LLC

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						Executed on:  April 28, 2017

					
					
						 

					
					
						Executed on: April 28, 2017

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						By:  /s/ Michael Buckley

					
					
						 

					
					
						By: /s/ Bob Ross

				
	
					
						Name Printed:  Michael Buckley

					
					
						 

					
					
						Name Printed:  Bob Ross

				
	
					
						Title: Chairman

					
					
						 

					
					
						Title: Chief Financial Officer

				
	
					
						Address: 1231 Gerhart, Commerce, CA

					
					
						 

					
					
						Address: 1231 Gerhart, Commerce, CA

				
	
					
						90022

					
					
						 

					
					
						90022