Document:

Exhibit 10.4

    EXHIBIT
      10.4

     

    

     

    
      	 	
              April
                24, 2007

               

            
	
              To:

            	
              Charming
                Shoppes, Inc.

            
	 	
              450
                Winks Lane

            
	 	
              Bensalem,
                PA 19020

            
	 	
              Attn:
                Treasurer

            
	 	
              Telephone:
                215-633-4899

            
	 	
              Facsimile:
                215-638-6759

               

            
	
              From:

            	
              Bank
                of America, N.A.

            
	 	
              c/o
                Banc of America Securities LLC

            
	 	
              9
                West 57th
                Street

            
	 	
              New
                York, NY 10019

            
	 	
              Attn:
                John Servidio

            
	 	
              Telephone:
                212-583-8373

            
	 	
              Facsimile:
                212-230-8610 

               

            
	
              Re:

            	
              Issuer
                Warrant Transaction

            
	 	
              (Transaction
                Reference Number: NY28950)

               

            

    

    Ladies
      and Gentlemen:

    

    The
      purpose of this communication (this “Confirmation”)
      is to
      set forth the terms and conditions of the above-referenced transaction entered
      into on the Trade Date specified below (the “Transaction”)
      between Bank of America, N.A. (“BofA”)
      and
Charming
      Shoppes, Inc.
      (“Issuer”).
      This
      communication constitutes a “Confirmation”
as
      referred to in the ISDA Master Agreement specified below. 

     

    1.  This
      Confirmation is subject to, and incorporates, the definitions and provisions
      of
      the 2000 ISDA Definitions (including the Annex thereto) (the “2000
      Definitions”)
      and
      the definitions and provisions of the 2002 ISDA Equity Derivatives Definitions
      (the “Equity
      Definitions”,
      and
      together with the 2000 Definitions, the “Definitions”),
      in
      each case as published by the International Swaps and Derivatives Association,
      Inc. (“ISDA”).
      In
      the event of any inconsistency between the 2000 Definitions and the Equity
      Definitions, the Equity Definitions will govern. For purposes of the Equity
      Definitions, each reference herein to a Warrant shall be deemed to be a
      reference to a Call Option or an Option, as context requires.

     

    This
      Confirmation evidences a complete and binding agreement between BofA and Issuer
      as to the terms of the Transaction to which this Confirmation relates. This
      Confirmation shall be subject to an agreement (the “Agreement”)
      in the
      form of the 2002 ISDA Master Agreement (the “ISDA
      Form”)
      as if
      BofA and Issuer had executed an agreement in such form (without any Schedule
      but
      with the elections set forth in this Confirmation). For the avoidance of doubt,
      the Transaction shall be the only transaction under the Agreement.

     

    All
      provisions contained in, or incorporated by reference to, the Agreement will
      govern this Confirmation except as expressly modified herein. In the event
      of
      any inconsistency between this Confirmation and either the Definitions or the
      Agreement, this Confirmation shall govern. 

     

    2.  The
      Transaction is a Warrant Transaction, which shall be considered a Share Option
      Transaction for purposes of the Equity Definitions. The terms of the particular
      Transaction to which this Confirmation relates are as follows:

     

    
      	
              General
                Terms:

               

            	 
	
              Trade
                Date:

               

            	
              April
                24, 2007

               

            
	
              Effective
                Date:

               

            	
              April
                30, 2007, subject to Section 8(o) below

               

            
	
              Components:

               

            	
              The
                Transaction will be divided into individual Components, each with
                the
                terms set forth in this Confirmation, and, in particular, with the
                Number
                of Warrants and Expiration Date set forth in this Confirmation. The
                payments and deliveries to be made upon settlement of the Transaction
                will
                be determined separately for each Component as if each Component
                were a
                separate Transaction under the Agreement.

               

            
	
              Warrant
                Style:

               

            	
              European

               

            
	
              Warrant
                Type:

               

            	
              Call

               

            
	
              Seller:

               

            	
              Issuer

               

            
	
              Buyer:

               

            	
              BofA

               

            
	
              Shares:

               

            	
              The
                Common Stock of Issuer, par value USD 0.10 per share (Ticker Symbol:
                “CHRS”).

               

            
	
              Number
                of Warrants:

               

            	
              For
                each Component, as provided in Annex A to this Confirmation; provided
                that if the Initial Purchasers party to the Purchase Agreement (as
                defined
                herein) exercise their right to receive additional 1.125% Senior
                Convertible Notes due 2014, (the “Convertible
                Notes”)
                pursuant to the Initial Purchasers’ option to purchase additional
                Convertible Notes, then, at the discretion of Issuer, on the Additional
                Premium Payment Date, the Number of Warrants shall be automatically
                increased by the additional Warrants (the “Additional
                Warrants”)
                in proportion to such additional Convertible Notes in denominations
                of USD
                1,000 principal amount issued pursuant to such exercise (such Convertible
                Notes, the “Additional
                Convertible Notes”).
                

               

            
	
              Warrant
                Entitlement:

               

            	
              One
                Share per Warrant

               

            
	
              Strike
                Price:

               

            	
              USD
                21.6070

               

            
	
              Premium:

               

            	
              USD
                24,525,000.00; provided
                that
                if the Number of Warrants is increased pursuant to the proviso to
                the
                definition of “Number of Warrants” above, an additional Premium equal to
                the product of the number of Warrants by which the Number of Warrants
                is
                so increased and USD 2.8737 shall be paid on the Additional Premium
                Payment Date.

               

            
	
              Premium
                Payment Date:

               

            	
              The
                Effective Date

               

            
	
              Additional
                Premium Payment Date:

               

            	
              The
                closing date for the purchase and sale of the Additional Convertible
                Notes.

               

            
	
              Exchange:

               

            	
              The
                NASDAQ
                Global Select Market

               

            
	
              Related
                Exchange:

               

            	
              All
                Exchanges

               

            
	
              Procedures
                for Exercise:

               

            	 
	
              Expiration
                Time:

               

            	
              Valuation
                Time

               

            
	
              Expiration
                Date:

               

            	
              As
                provided in Annex
                A
                to
                this Confirmation (or, if such date is not a Scheduled Trading Day,
                the
                next following Scheduled Trading Day that is not already an Expiration
                Date for another Component); provided
                that if that date is a Disrupted Day, the Expiration Date for such
                Component shall be the first succeeding Scheduled Trading Day that
                is not
                a Disrupted Day and is not or is not deemed to be an Expiration Date
                in
                respect of any other Component of the Transaction hereunder; and
                provided
                further
                that if the Expiration Date has not occurred pursuant to the preceding
                proviso as of the Final Disruption Date, the Final Disruption Date
                shall
                be the Expiration Date (irrespective of whether such date is an Expiration
                Date occurring on the Final Disruption Date in respect of any other
                Component for the Transaction) and, notwithstanding anything to the
                contrary in this Confirmation or the Definitions, the Relevant Price
                for
                the Expiration Date shall be the prevailing market value per Share
                determined by the Calculation Agent in a commercially reasonable
                manner.
                “Final
                Disruption Date”
                means December 31, 2014. Notwithstanding the foregoing and anything
                to the
                contrary in the Equity Definitions, if a Market Disruption Event
                occurs on
                any Expiration Date, the Calculation Agent may determine that such
                Expiration Date is a Disrupted Day only in part, in which case the
                Calculation Agent shall make adjustments to the number of Warrants
                for the
                relevant Component for which such day shall be the Expiration Date
                and
                shall designate the Scheduled Trading Day determined in the manner
                described in the immediately preceding sentence as the Expiration
                Date for
                the remaining Warrants for such Component. Section 6.6 of the Equity
                Definitions shall not apply to any Valuation Date occurring on an
                Expiration Date. 

               

            
	
              Market
                Disruption Event:

               

            	
              Section
                6.3(a) of the Equity Definitions is hereby amended by deleting the
                words
                “during the one hour period that ends at the relevant Valuation Time,
                Latest Exercise Time, Knock-in Valuation Time or Knock-out Valuation
                Time,
                as the case may be,” in clause (ii) thereof. 

               

            
	
              Automatic
                Exercise:

               

            	
              Applicable;
                and means that each Warrant not previously exercised under the Transaction
                will be deemed to be automatically exercised at the applicable Expiration
                Time on the Expiration Date unless BofA notifies Seller (by telephone
                or
                in writing) prior to the Expiration Time on the Expiration Date that
                it
                does not wish Automatic Exercise to occur, in which case Automatic
                Exercise will not apply.

               

            
	
              Issuer’s
                Telephone Number

            	 
	
              and
                Telex and/or Facsimile Number

            	 
	
              and
                Contact Details for purpose of

            	 
	
              Giving
                Notice:

               

            	
              To
                be provided by Issuer.

               

            
	 	 
	
              Settlement
                Terms:

               

            	 
	
              In
                respect of any Component:

            	 
	 	 
	
              Settlement
                Currency:

               

            	
              USD
                

               

            
	
              Net
                Share Settlement:

               

            	
              On
                each Settlement Date, Issuer shall deliver to BofA a number of Shares
                equal to the Number of Shares to be Delivered for such Settlement
                Date to
                the account specified by BofA and cash in lieu of any fractional
                shares
                valued at the Relevant Price on the Valuation Date corresponding
                to such
                Settlement Date. 

               

            
	
              Number
                of Shares to be Delivered:

               

            	
              In
                respect of any Exercise Date, subject to the last sentence of Section
                9.5
                of the Equity Definitions, the product of (i) the number of Warrants
                exercised or deemed exercised on such Exercise Date, (ii) the Warrant
                Entitlement and (iii) (A) the excess of the VWAP Price on the Valuation
                Date occurring on such Exercise Date over the Strike Price divided
                by
                (B) such VWAP Price. 

               

            
	 	
              The
                Number of Shares to be Delivered shall be delivered by Issuer to
                BofA no
                later than 5:00 P.M. (local time in New York City) on the relevant
                Settlement Date.

               

            
	
              VWAP
                Price:

               

            	
              For
                any Valuation Date, the volume weighted average price per Share for
                such
                Valuation Date based on transactions executed during such Valuation
                Date,
                as reported on Bloomberg Page “CHRS.UQ <Equity> AQR” (or any
                successor thereto) or, in the event such price is not so reported
                on such
                Valuation Date for any reason, as reasonably determined by the Calculation
                Agent. 

               

            
	
              Other
                Applicable Provisions:

               

            	
              The
                provisions of Sections 9.1(c), 9.8, 9.9, 9.10, 9.11 (except that
                the
                Representation and Agreement contained in Section 9.11 of the Equity
                Definitions shall be modified by excluding any representations therein
                relating to restrictions, obligations, limitations or requirements
                under
                applicable securities laws as a result of the fact that Seller is
                the
                Issuer of the Shares) and 9.12 of the Equity Definitions will be
                applicable, except that all references in such provisions to
                “Physically-Settled” shall be read as references to “Net Share Settled”.
                “Net Share Settled” in relation to any Warrant means that Net Share
                Settlement is applicable to such Warrant.

               

            
	 	 
	
              Adjustments:

               

            	 
	
              In
                respect of any Component:

            	 
	
               

              Method
                of Adjustment:

               

            	
               

              Calculation
                Agent Adjustment

               

            
	
              Extraordinary
                Dividend:

               

            	
              Any
                dividend or distribution (i) that has an ex-dividend date occurring
                on or
                after the Trade Date and on or prior to the Expiration Date and (ii)
                the
                amount or value of which exceeds the Ordinary Dividend Amount for
                such
                dividend or distribution, as determined by the Calculation Agent.
                

               

            
	
              Ordinary
                Dividend Amount:

               

            	
              USD
                0.00.

               

            
	 	 
	
              Extraordinary
                Events:

               

            	 
	
              New
                Shares:

            	
              Section
                12.1(i) of the Equity Definitions is hereby amended by deleting the
                text
                in clause (i) in its entirety and replacing it with the phrase “publicly
                quoted, traded or listed on any of the New York Stock Exchange, the
                American Stock Exchange, The NASDAQ Global Select Market or The NASDAQ
                Global Market (or their respective successors)”.

            
	 	 
	
              Consequences
                of Merger Events:

               

            	 
	
              (a)
                Share-for-Share:

               

            	
              Modified
                Calculation Agent Adjustment

               

            
	
              (b)
                Share-for-Other:

               

            	
              Cancellation
                and Payment (Calculation Agent Determination)

               

            
	
              (c)
                Share-for-Combined:

               

            	
              Cancellation
                and Payment (Calculation Agent Determination)

               

            
	
              Tender
                Offer:

               

            	
              Applicable

               

            
	 	 
	
              Consequences
                of Tender Offers:

               

            	 
	
              (a)
                Share-for-Share:

               

            	
              Modified
                Calculation Agent Adjustment

               

            
	
              (b)
                Share-for-Other:

               

            	
              Cancellation
                and Payment (Calculation Agent Determination) on that portion of
                the Other
                Consideration that consists of cash; Modified Calculation Agent Adjustment
                on the remainder of the Other Consideration.

               

            
	
              (c)
                Share-for-Combined:

               

            	
              Modified
                Calculation Agent Adjustment

               

            
	
              Nationalization,
                Insolvency

            	 
	
              or
                Delisting:

               

            	
              Cancellation
                and Payment (Calculation Agent Determination); provided
                that in addition to the provisions of Section 12.6(a)(iii) of the
                Equity
                Definitions, it shall also constitute a Delisting if the Exchange
                is
                located in the United States and the Shares are not immediately re-listed,
                re-traded or re-quoted on any of the New York Stock Exchange, the
                American
                Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global
                Market (or their respective successors); if the Shares are immediately
                re-listed, re-traded or re-quoted on any such exchange or quotation
                system, such exchange or quotation system shall thereafter be deemed
                to be
                the Exchange.

               

            
	 	 
	
              Additional
                Disruption Events: 

               

            	 
	
              (a)
                Change in Law:

               

            	
              Applicable

               

            
	
              (b)
                Failure to Deliver:

               

            	
              Not
                Applicable

               

            
	
              (c)
                Insolvency Filing:

               

            	
              Applicable

               

            
	
              (d)
                Hedging Disruption:

               

            	
              Applicable

               

            
	
              (e)
                Increased Cost of Hedging:

               

            	
              Applicable

               

            
	
              (f)
                Loss of Stock Borrow:

               

            	
              Applicable

               

            
	
              Maximum
                Stock Loan Rate:

               

            	
              100
                basis points

               

            
	
              (g)
                Increased Cost of Stock Borrow:

               

            	
              Applicable

               

            
	
              Initial
                Stock Loan Rate:

               

            	
              50
                basis points

               

            
	
              Hedging
                Party:

               

            	
              BofA
                for all applicable Additional Disruption Events

               

            
	
              Determining
                Party:

               

            	
              BofA
                for all applicable Extraordinary Events

               

            
	
              Non-Reliance:

               

            	
              Applicable

               

            
	
              Agreements
                and Acknowledgments 

            	 
	
              Regarding
                Hedging Activities:

               

            	
              Applicable

               

            
	
              Additional
                Acknowledgments:

               

            	
              Applicable

               

            
	
              3.
                Calculation Agent:

               

            	
              BofA

               

            
	
              4.
                Account Details:

               

            	 
	
              BofA
                Payment Instructions:

            	
              Bank
                of America, N.A.

            
	 	
              New
                York, NY

            
	 	
              SWIFT:
                BOFAUS3N

            
	 	
              Bank
                Routing: 026-009-593

            
	 	
              Account
                Name: Bank of America

            
	 	
              Account
                No. : 0012333-34172

            
	
              Issuer
                Payment Instructions:

               

            	
              To
                be provided by Issuer.

               

            

    

    5.
      Offices:

     

    The
      Office of BofA for the Transaction is: 

    Bank
      of
      America, N.A.

    c/o
      Banc
      of America Securities LLC

    Equity
      Financial Products

    9
      West
      57th
      Street,
      40th
      Floor

    New
      York,
      NY 10019

     

    The
      Office of Issuer for the Transaction is: 450 Winks Lane, Bensalem, PA
      19020

     

    6. Notices:
      For
      purposes of this Confirmation:

     

    (a) Address
      for notices or communications to Issuer:

     

    
      	
              To:

            	
              Charming
                Shoppes, Inc.

            
	 	
              450
                Winks Lane

            
	 	
              Bensalem,
                PA 19020

            
	
              Attn:
                

            	
              Treasurer

            
	
              Telephone:
                

            	
              215-633-4899

            
	
              Facsimile:
                

            	
              215-638-6759

            

    

    

    (b) Address
      for notices or communications to BofA:

     

    
      	
              To:

            	
              Bank
                of America, N.A.

            
	 	
              c/o
                Banc of America Securities LLC

            
	 	
              Equity
                Financial Products 

            
	 	
              9
                West 57th
                Street, 40th
                Floor 

            
	 	
              New
                York, NY 10019

            
	
              Attn:

            	
              John
                Servidio

            
	
              Telephone:

            	
              212-583-8373

            
	
              Facsimile:

            	
              212-230-8610

            

    

    

     

    7. Representations,
      Warranties and Agreements:

     

    (a)  In
      addition to the representations and warranties in the Agreement and those
      contained elsewhere herein, Issuer represents and warrants to and for the
      benefit of, and agrees with, BofA as follows:

     

    (i) On
      the
      Trade Date, (A) none of Issuer and its officers and directors is aware of any
      material nonpublic information regarding Issuer or the Shares and (B) all
      reports and other documents filed by Issuer with the Securities and Exchange
      Commission pursuant to the Exchange Act when considered as a whole (with the
      more recent such reports and documents deemed to amend inconsistent statements
      contained in any earlier such reports and documents), do not contain any untrue
      statement of a material fact or any omission of a material fact required to
      be
      stated therein or necessary to make the statements therein, in the light of
      the
      circumstances in which they were made, not misleading.

     

    (ii) Without
      limiting the generality of Section 13.1 of the Equity Definitions, Issuer
      acknowledges that BofA is not making any representations or warranties with
      respect to the treatment of the Transaction under FASB Statements 128, 133
      or
      149 (each as amended) or 150, EITF Issue No. 00-19, 01-06 or 03-06 (or any
      successor issue statements) or under FASB’s Liabilities & Equity
      Project.

     

    (iii) Prior
      to
      the Trade Date, Issuer shall deliver to BofA a resolution of Issuer’s board of
      directors authorizing the Transaction and such other certificate or certificates
      as BofA shall reasonably request.

     

    (iv) Issuer
      is
      not entering into this Confirmation to create actual or apparent trading
      activity in the Shares (or any security convertible into or exchangeable for
      Shares) or to raise or depress or otherwise manipulate the price of the Shares
      (or any security convertible into or exchangeable for Shares) or otherwise
      in
      violation of the Exchange Act. 

     

    (v) On
      any
      Expiration Date, Issuer shall not, and shall cause its affiliates and affiliated
      purchasers (each as defined in Rule 10b-18) not to, directly or indirectly
      (including, without limitation, by means of a cash-settled or other derivative
      instrument) purchase, offer to purchase, place any bid or limit order that
      would
      effect a purchase of, or commence any tender offer relating to, any Shares
      (or
      an equivalent interest, including a unit of beneficial interest in a trust
      or
      limited partnership or a depository share) or any security convertible into
      or
      exchangeable for Shares on any Expiration Date.

     

    (vi) Issuer
      is
      not, and after giving effect to the transactions contemplated hereby will not
      be, an “investment company” as such term is defined in the Investment Company
      Act of 1940, as amended.

     

    (vii) On
      the
      Trade Date (A) the assets of Issuer at their fair valuation exceed the
      liabilities of Issuer, including contingent liabilities, (B) the capital of
      Issuer is adequate to conduct the business of Issuer and (C) Issuer has the
      ability to pay its debts and obligations as such debts mature and does not
      intend to, or does not believe that it will, incur debt beyond its ability
      to
      pay as such debts mature.

     

    (viii) Issuer
      shall not take any action to decrease the number of Available Shares below
      the
      Capped Number (each as defined below).

     

    (ix) The
      representations and warranties of Issuer set forth in Section 3 of the Agreement
      and Section 1 of the Purchase Agreement (the “Purchase
      Agreement”)
      dated
      as of April 30, 2007 between Issuer and Banc of America Securities LLC and
      J.P.
      Morgan Securities Inc. as representatives of the Initial Purchasers party
      thereto are true and correct and are hereby deemed to be repeated to BofA as
      if
      set forth herein.

     

    (x) Issuer
      understands no obligations of BofA to it hereunder will be entitled to the
      benefit of deposit insurance and that such obligations will not be guaranteed
      by
      any affiliate of BofA or any governmental agency.

     

    (xi) (A)
      On
      the Trade Date, the Shares or securities that are convertible into, or
      exchangeable or exercisable for Shares, are not, and shall not be, subject
      to a
“restricted period,” as such term is defined in Regulation M under the Exchange
      Act (“Regulation
      M”)
      and
      (B) Issuer shall not engage in any “distribution,” as such term is defined in
      Regulation M, other than a distribution meeting the requirements of the
      exceptions set forth in sections 101(b)(10) and 102(b)(7) of Regulation M,
      until
      the second Exchange Business Day immediately following the Trade
      Date.

     

    (xii)
       The
      Shares of the Issuer initially issuable upon exercise of the Warrant by the
      net
      share settlement method (the “Warrant
      Shares”)
      have
      been reserved for issuance by all required corporate action of the Issuer.
      The
      Warrant Shares have been duly authorized and, when delivered against payment
      therefor (which may include Net Share Settlement in lieu of cash) and otherwise
      as contemplated by the terms of the Warrant following the exercise of the
      Warrant in accordance with the terms and conditions of the Warrant, will be
      validly issued, fully-paid and non-assessable, and the issuance of the Warrant
      Shares will not be subject to any preemptive or similar rights.

     

    (b) Each
      of
      BofA and Issuer agrees and represents that it is an “eligible contract
      participant” as defined in Section 1a(12) of the U.S. Commodity Exchange Act, as
      amended.

     

    (c) Each
      of
      BofA and Issuer acknowledges that the offer and sale of the Transaction to
      it is
      intended to be exempt from registration under the Securities Act of 1933, as
      amended (the “Securities
      Act”),
      by
      virtue of Section 4(2) thereof. Accordingly, BofA represents and warrants to
      Issuer that (i) it has the financial ability to bear the economic risk of its
      investment in the Transaction and is able to bear a total loss of its
      investment, (ii) it is an “accredited investor” as that term is defined in
      Regulation D as promulgated under the Securities Act, (iii) it is entering
      into
      the Transaction for its own account without a view to the distribution or resale
      thereof and (iv) the assignment, transfer or other disposition of the
      Transaction has not been and will not be registered under the Securities Act
      and
      is restricted under this Confirmation, the Securities Act and state securities
      laws.

     

    (d) Each
      of
      BofA and Issuer agrees and acknowledges that BofA is a “financial institution,”
“swap participant” and “financial participant” within the meaning of Sections
      101(22), 101(53C) and 101(22A) of Title 11 of the United States Code (the
“Bankruptcy
      Code”).
      The
      parties hereto further agree and acknowledge (A) that this Confirmation is
      (i) a
“securities contract,” as such term is defined in Section 741(7) of the
      Bankruptcy Code, with respect to which each payment and delivery hereunder
      is a
“settlement payment,” as such term is defined in Section 741(8) of the
      Bankruptcy Code, and (ii) a “swap agreement,” as such term is defined in Section
      101(53B) of the Bankruptcy Code, with respect to which each payment and delivery
      hereunder is a “transfer,” as such term is defined in Section 101(54) of the
      Bankruptcy Code, and (B) that BofA is entitled to the protections afforded
      by,
      among other sections, Section 362(b)(6), 362(b)(17), 546(e), 546(g), 555 and
      560
      of the Bankruptcy Code.

     

    (e) Issuer
      shall deliver to BofA an opinion of counsel, dated as of the Trade Date and
      reasonably acceptable to BofA in form and substance, with respect to the matters
      set forth in Section 3(a) of the Agreement. 

     

    8.
      Other
      Provisions:

     

    (a) Alternative
      Calculations and Payment on Early Termination and on Certain Extraordinary
      Events.
      If,
      subject to Section 8(m) below, Issuer shall owe BofA any amount pursuant to
      Sections 12.2, 12.3, 12.6, 12.7 or 12.9 of the Equity Definitions (except in
      the
      event of an Insolvency, a Nationalization, a Tender Offer or a Merger Event,
      in
      each case, in which the consideration or proceeds to be paid to holders of
      Shares consists solely of cash) or pursuant to Section 6(d)(ii) of the Agreement
      (except in the event of an Event of Default in which Issuer is the Defaulting
      Party or a Termination Event in which Issuer is the Affected Party, that
      resulted from an event or events within Issuer’s control) (a “Payment
      Obligation”),
      Issuer shall have the right, in its sole discretion, to satisfy any such Payment
      Obligation by the Share Termination Alternative (as defined below) by giving
      irrevocable telephonic notice to BofA, confirmed in writing within one Scheduled
      Trading Day, between the hours of 9:00 A.M. and 4:00 P.M. New York City time
      on
      the Merger Date, Tender Offer Date, Announcement Date or Early Termination
      Date,
      as applicable (“Notice
      of Share Termination”);
      provided
      that
      if
      Issuer does not validly elect to satisfy its Payment Obligation by the Share
      Termination Alternative, BofA shall have the right, in its sole discretion
      to
      require Issuer to satisfy its Payment Obligation by the Share Termination
      Alternative, notwithstanding Issuer’s election to the contrary. Upon such Notice
      of Share Termination, the following provisions shall apply on the Scheduled
      Trading Day immediately following the Merger Date, the Tender Offer Date,
      Announcement Date or Early Termination Date, as applicable:

     

    
      	
              Share
                Termination Alternative: 

               

            	
              Applicable
                and means that Issuer shall deliver to BofA the Share Termination
                Delivery
                Property on the date on which the Payment Obligation would otherwise
                be
                due pursuant to Section 12.7 or 12.9 of the Equity Definitions or
                Section
                6(d)(ii) of the Agreement, as applicable (the “Share
                Termination Payment Date”),
                in satisfaction of the Payment Obligation. 

               

            
	
              Share
                Termination Delivery 

            	 
	
              Property:
                

               

            	
              A
                number of Share Termination Delivery Units, as calculated by the
                Calculation Agent, equal to the Payment Obligation divided by the
                Share
                Termination Unit Price. The Calculation Agent shall adjust the Share
                Termination Delivery Property by replacing any fractional portion
                of a
                security therein with an amount of cash equal to the value of such
                fractional security based on the values used to calculate the Share
                Termination Unit Price. 

               

            
	
              Share
                Termination Unit Price: 

               

            	
              The
                value of property contained in one Share Termination Delivery Unit
                on the
                date such Share Termination Delivery Units are to be delivered as
                Share
                Termination Delivery Property, as determined by the Calculation Agent
                in
                its discretion by commercially reasonable means and notified by the
                Calculation Agent to Issuer at the time of notification of the Payment
                Obligation. 

               

            
	
              Share
                Termination Delivery Unit: 

               

            	
              In
                the case of a Termination Event, Event of Default or Delisting, one
                Share
                or, in the case of an Insolvency, Nationalization, Merger Event or
                Tender
                Offer, a unit consisting of the number or amount of each type of
                property
                received by a holder of one Share (without consideration of any
                requirement to pay cash or other consideration in lieu of fractional
                amounts of any securities) in such Insolvency, Nationalization, Merger
                Event or Tender Offer. If such Insolvency, Nationalization, Merger
                Event
                or Tender Offer involves a choice of consideration to be received
                by
                holders, such holder shall be deemed to have elected to receive the
                maximum possible amount of cash.

               

            
	
              Failure
                to Deliver: 

               

            	
              Applicable

               

            
	
              Other
                applicable provisions: 

               

            	
              If
                Share Termination Alternative is applicable, the provisions of Sections
                9.8, 9.9, 9.10, 9.11 (except that the Representation and Agreement
                contained in Section 9.11 of the Equity Definitions shall be modified
                by
                excluding any representations therein relating to restrictions,
                obligations, limitations or requirements under applicable securities
                laws
                as a result of the fact that Seller is the Issuer of the Shares)
                and 9.12
                of the Equity Definitions will be applicable, except that all references
                in such provisions to “Physically-Settled” shall be read as references to
                “settled by Share Termination Alternative” and all references to “Shares”
                shall be read as references to “Share Termination Delivery Units”.
                

               

            

    

    (b) Registration/Private
      Placement Procedures.
      (i) If,
      in the reasonable judgment of BofA, for any reason, any Shares or any securities
      of Issuer or its affiliates comprising any Share Termination Delivery Units
      deliverable to BofA hereunder (any such Shares or securities, “Delivered
      Securities”)
      would
      not be immediately freely transferable by BofA under Rule 144(k) under the
      Securities Act of 1933, as amended (the “Securities
      Act”),
      then
      the provisions set forth in this Section 8(b) shall apply. At the election
      of
      Issuer by notice to BofA within one Exchange Business Day after the relevant
      delivery obligation arises, but in any event at least one Exchange Business
      Day
      prior to the date on which such delivery obligation is due, either (A) all
      Delivered Securities delivered by Issuer to BofA shall be, at the time of such
      delivery, covered by an effective registration statement of Issuer for immediate
      resale by BofA (such registration statement and the corresponding prospectus
      (the “Prospectus”)
      (including, without limitation, any sections describing the plan of
      distribution) in form and content commercially reasonably satisfactory to BofA)
      or (B) Issuer shall deliver additional Delivered Securities so that the value
      of
      such Delivered Securities, as determined by the Calculation Agent to reflect
      an
      appropriate liquidity discount, equals the value of the number of Delivered
      Securities that would otherwise be deliverable if such Delivered Securities
      were
      freely tradeable (without prospectus delivery) upon receipt by BofA (such value,
      the “Freely
      Tradeable Value”);
      provided
      that
      Issuer may not make the election described in this clause (B) if, on the date
      of
      its election, it has taken, or caused to be taken, any action that would make
      unavailable either the exemption pursuant to Section 4(2) of the Securities
      Act
      for the delivery by Issuer to BofA (or any affiliate designated by BofA) of
      the
      Delivered Securities or the exemption pursuant to Section 4(1) or Section 4(3)
      of the Securities Act for resales of the Delivered Securities by BofA (or any
      such affiliate of BofA). (For the avoidance of doubt, as used in this paragraph
      (b) only, the term “Issuer” shall mean the issuer of the relevant securities, as
      the context shall require.)

     

    (ii) If
      Issuer
      makes the election described in clause (b)(i)(A) above:

     

    (A) BofA
      (or
      an Affiliate of BofA designated by BofA) shall be afforded a reasonable
      opportunity to conduct a due diligence investigation with respect to Issuer
      that
      is customary in scope for underwritten offerings of equity securities and that
      yields results that are commercially reasonably satisfactory to BofA or such
      Affiliate, as the case may be, in its discretion; and

     

    (B) BofA
      (or
      an Affiliate of BofA designated by BofA) and Issuer shall enter into an
      agreement (a “Registration
      Agreement”)
      on
      commercially reasonable terms in connection with the public resale of such
      Delivered Securities by BofA or such Affiliate substantially similar to
      underwriting agreements customary for underwritten offerings of equity
      securities, in form and substance commercially reasonably satisfactory to BofA
      or such Affiliate and Issuer, which Registration Agreement shall include,
      without limitation, provisions substantially similar to those contained in
      such
      underwriting agreements relating to the indemnification of, and contribution
      in
      connection with the liability of, BofA and its Affiliates and Issuer, shall
      provide for the payment by Issuer of all expenses in connection with such
      resale, including all registration costs and all fees and expenses of counsel
      for BofA, and shall provide for the delivery of accountants’ “comfort letters”
to BofA or such Affiliate with respect to the financial statements and certain
      financial information contained in or incorporated by reference into the
      Prospectus.

     

    (iii) If
      Issuer
      makes the election described in clause (b)(i)(B) above:

     

    (A) all
      Delivered Securities shall be delivered to BofA (or any Affiliate of BofA
      designated by BofA) pursuant to the exemption from the registration requirements
      of the Securities Act provided by Section 4(2) thereof;

     

    (B) BofA
      (or
      an Affiliate of BofA designated by BofA) and any potential institutional
      purchaser of any such Delivered Securities from BofA or such Affiliate
      identified by BofA shall be afforded a commercially reasonable opportunity
      to
      conduct a due diligence investigation in compliance with applicable law with
      respect to Issuer customary in scope for private placements of equity securities
      (including, without limitation, the right to have made available to them for
      inspection all financial and other records, pertinent corporate documents and
      other information reasonably requested by them); 

     

    (C) BofA
      (or
      an Affiliate of BofA designated by BofA) and Issuer shall enter into an
      agreement (a “Private
      Placement Agreement”)
      on
      commercially reasonable terms in connection with the private placement of such
      Delivered Securities by Issuer to BofA or such Affiliate and the private resale
      of such shares by BofA or such Affiliate, substantially similar to private
      placement purchase agreements customary for private placements of equity
      securities, in form and substance commercially reasonably satisfactory to BofA
      and Issuer, which Private Placement Agreement shall include, without limitation,
      provisions substantially similar to those contained in such private placement
      purchase agreements relating to the indemnification of, and contribution in
      connection with the liability of, BofA and its Affiliates and Issuer, shall
      provide for the payment by Issuer of all expenses in connection with such
      resale, including all fees and expenses of counsel for BofA, shall contain
      representations, warranties and agreements of Issuer reasonably necessary or
      advisable to establish and maintain the availability of an exemption from the
      registration requirements of the Securities Act for such resales, and shall
      use
      best efforts to provide for the delivery of accountants’ “comfort letters” to
      BofA or such Affiliate with respect to the financial statements and certain
      financial information contained in or incorporated by reference into the
      offering memorandum prepared for the resale of such Shares; and

     

    (D) Issuer
      agrees that any Delivered Securities so delivered to BofA, (i) may be
      transferred by and among BofA and its Affiliates, and Issuer shall effect such
      transfer without any further action by BofA and (ii) after the minimum “holding
      period” within the meaning of Rule 144(d) under the Securities Act has elapsed
      with respect to such Delivered Securities, Issuer shall promptly remove, or
      cause the transfer agent for such Shares or securities to remove, any legends
      referring to any such restrictions or requirements from such Delivered
      Securities upon delivery by BofA (or such Affiliate of BofA) to Issuer or such
      transfer agent of seller’s and broker’s representation letters customarily
      delivered by BofA in connection with resales of restricted securities pursuant
      to Rule 144 under the Securities Act, without any further requirement for the
      delivery of any certificate, consent, agreement, opinion of counsel, notice
      or
      any other document, any transfer tax stamps or payment of any other amount
      or
      any other action by BofA (or such affiliate of BofA).

     

    (c) Make-whole.
      If
      Issuer makes the election described in clause (b)(i)(B) of paragraph (b) of
      this
      Section 8, then BofA or its affiliate may sell such Shares or Share Termination
      Delivery Units, as the case may be, during a period (the “Resale
      Period”)
      commencing on the Exchange Business Day following delivery of such Shares or
      Share Termination Delivery Units, as the case may be, and ending on the Exchange
      Business Day on which BofA completes the sale of all such Shares or Share
      Termination Delivery Units, as the case may be, or a sufficient number of Shares
      or Share Termination Delivery Units, as the case may be, so that the realized
      net proceeds of such sales exceed the Freely Tradeable Value (such amount of
      the
      Freely Tradeable Value, the “Required
      Proceeds”).
      If
      any of such delivered Shares or Share Termination Delivery Units remain after
      such realized net proceeds exceed the Required Proceeds, BofA shall return
      such
      remaining Shares or Share Termination Delivery Units to Issuer. If the Required
      Proceeds exceed the realized net proceeds from such resale, Issuer shall
      transfer to BofA by the open of the regular trading session on the Exchange
      on
      the Exchange Trading Day immediately following the last day of the Resale Period
      the amount of such excess (the “Additional
      Amount”)
      in
      cash or in a number of additional Shares (“Make-whole
      Shares”)
      in an
      amount that, based on the Relevant Price on the last day of the Resale Period
      (as if such day was the “Valuation Date” for purposes of computing such Relevant
      Price), has a dollar value equal to the Additional Amount. The Resale Period
      shall continue to enable the sale of the Make-whole Shares in the manner
      contemplated by this Section 8(c). This provision shall be applied successively
      until the Additional Amount is equal to zero, subject to Section 8(e).

     

    (d)  Beneficial
      Ownership.
      Notwithstanding anything to the contrary in the Agreement or this Confirmation,
      in no event shall BofA be entitled to receive, or shall be deemed to receive,
      any Shares if, upon such receipt of such Shares, the “beneficial ownership”
(within the meaning of Section 13 of the Exchange Act and the rules promulgated
      thereunder) of Shares by BofA or any entity that directly or indirectly controls
      BofA (collectively, “Buyer
      Group”)
      would
      be equal to or greater than 9% or more of the outstanding Shares. If any
      delivery owed to BofA hereunder is not made, in whole or in part, as a result
      of
      this provision, Issuer’s obligation to make such delivery shall not be
      extinguished and Issuer shall make such delivery as promptly as practicable
      after, but in no event later than one Exchange Business Day after, BofA gives
      notice to Issuer that such delivery would not result in Buyer Group directly
      or
      indirectly so beneficially owning in excess of 9% of the outstanding
      Shares.

     

    (e)  Limitations
      on Settlement by Issuer.
      Notwithstanding anything herein or in the Agreement to the contrary, in no
      event
      shall Issuer be required to deliver Shares in connection with the Transaction
      in
      excess of 25,600,000 Shares (the “Capped
      Number”),
      as
      such number may be adjusted for Share splits or Share combinations. Issuer
      represents and warrants (which shall be deemed to be repeated on each day that
      the Transaction is outstanding) that the Capped Number is equal to or less
      than
      the number of authorized but unissued Shares of the Issuer that are not reserved
      for future issuance in connection with transactions in the Shares (other than
      the Transaction) on the date of the determination of the Capped Number (such
      Shares, the “Available
      Shares”).
      In
      the event Issuer shall not have delivered the full number of Shares otherwise
      deliverable as a result of this Section 8(e) (the resulting deficit, the
“Deficit
      Shares”),
      Issuer shall be continually obligated to deliver, from time to time until the
      full number of Deficit Shares have been delivered pursuant to this paragraph,
      Shares when, and to the extent, that (i) Shares are repurchased, acquired or
      otherwise received by Issuer or any of its subsidiaries after the Trade Date
      (whether or not in exchange for cash, fair value or any other consideration),
      (ii) authorized and unissued Shares reserved for issuance in respect of other
      transactions prior to such date which prior to the relevant date become no
      longer so reserved and (iii) Issuer additionally authorizes and unissued Shares
      that are not reserved for other transactions. Issuer shall immediately notify
      BofA of the occurrence of any of the foregoing events (including the number
      of
      Shares subject to clause (i), (ii) or (iii) and the corresponding number of
      Shares to be delivered) and promptly deliver such Shares
      thereafter.

     

    (f)  Right
      to Extend.
      BofA
      may postpone any Exercise Date or any other date of valuation or delivery with
      respect to some or all of the relevant Warrants (in which event the Calculation
      Agent shall make appropriate adjustments to the Number of Shares to be Delivered
      with respect to one or more Components), if BofA determines, in its reasonable
      discretion, that such extension is reasonably necessary or appropriate to
      preserve BofA’s hedging or hedge unwind activity hereunder in light of existing
      liquidity conditions or to enable BofA to effect purchases of Shares in
      connection with its hedging, hedge unwind or settlement activity hereunder
      in a
      manner that would, if BofA were Issuer or an affiliated purchaser of Issuer,
      be
      in compliance with applicable legal, regulatory or self-regulatory requirements,
      or with related policies and procedures applicable to BofA.

     

    (g)  Equity
      Rights.
      BofA
      acknowledges and agrees that this Confirmation is not intended to convey to
      it
      rights with respect to the Transaction that are senior to the claims of common
      stockholders in the event of Issuer’s bankruptcy. For the avoidance of doubt,
      the parties agree that the preceding sentence shall not apply at any time other
      than during Issuer’s bankruptcy to any claim arising as a result of a breach by
      Issuer of any of its obligations under this Confirmation or the Agreement.
      For
      the avoidance of doubt, the parties acknowledge that this Confirmation is not
      secured by any collateral that would otherwise secure the obligations of Issuer
      herein under or pursuant to any other agreement.

     

    (h)  Amendments
      to Equity Definitions and the Agreement.
      The
      following amendments shall be made to the Equity Definitions and to the
      Agreement:

     

    (i) Section
      11.2(a) of the Equity Definitions is hereby amended by deleting the words
“diluting or concentrative” and replacing them with the words
“material”.

     

    (ii)
       The
      first
      sentence of Section 11.2(c) of the Equity Definitions, prior to clause (A)
      thereof, is hereby amended to read as follows: ‘(c) If “Calculation Agent
      Adjustment” is specified as the Method of Adjustment in the related Confirmation
      of a Share Option Transaction, then following the announcement or occurrence
      of
      any Potential Adjustment Event, the Calculation Agent will determine whether
      such Potential Adjustment Event has a material effect on the theoretical value
      of the relevant Shares or options on the Shares and, if so, will (i) make
      appropriate adjustment(s), if any, to any one or more of:’ and, the portion of
      such sentence immediately preceding clause (ii) thereof is hereby amended by
      deleting the words “diluting or concentrative” and the words “(provided that no
      adjustments will be made to account solely for changes in volatility, expected
      dividends, stock loan rate or liquidity relative to the relevant Shares)” and
      replacing such latter phrase with the words “(and, for the avoidance of doubt,
      adjustments may be made to account solely for changes in volatility, expected
      dividends, stock loan rate or liquidity relative to the relevant Shares)”;

     

    (iii)
       Section
      11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words
      “diluting or concentrative” and replacing them with “material”; and adding the
      phrase “or Warrants” at the end of the sentence.

     

    (iv)
       Section
      12.6(a)(ii) of the Equity Definitions is hereby amended by (1) deleting from
      the
      fourth line thereof the word “or” after the word “official” and inserting a
      comma therefor, and (2) deleting the semi-colon at the end of subsection (B)
      thereof and inserting the following words therefor “or (C) at BofA’s option, the
      occurrence of any of the events specified in Section 5(a)(vii) (1) through
      (9)
      of the ISDA Master Agreement with respect to that Issuer.”

     

    (v)
       Section
      12.9(b)(iv) of the Equity Definitions is hereby amended by:

     

    (A) deleting
      (1) subsection (A) in its entirety, (2) the phrase “or (B)” following subsection
      (A) and (3) the phrase “in each case” in subsection (B); and

    

    (B) deleting
      the phrase “neither the Non-Hedging Party nor the Lending Party lends Shares in
      the amount of the Hedging Shares or” in the penultimate sentence.

    

    (vi)Section
      12.9(b)(v) of the Equity Definitions is hereby amended by:

    

    (A) adding
      the word “or” immediately before subsection “(B)” and deleting the comma at the
      end of subsection (A); and

    

    (B) (1)
      deleting subsection (C) in its entirety, (2) deleting the word “or” immediately
      preceding subsection (C) and (3) deleting the final sentence in its entirety
      and
      replacing it with the sentence “The Hedging Party will determine the
      Cancellation Amount payable by one party to the other.”

    

    (i) Repurchase
      Notices.
      Issuer
      shall, on any day on which Issuer effects any repurchase of Shares, promptly
      give BofA a written
      notice of such repurchase (a “Repurchase
      Notice”)
      on
      such day if, following such repurchase, the Notice Percentage as determined
      on
      such day is (i) greater than 6% and (ii) greater by 0.5% than the Notice
      Percentage included in the immediately preceding Repurchase Notice (or, in
      the
      case of the first such Repurchase Notice, greater than the Notice Percentage
      as
      of the date hereof). The “Notice
      Percentage”
as
      of
      any day is the fraction, expressed as a percentage, the numerator of which
      is
      the product of the Number of Warrants and the Warrant Entitlement and the
      denominator of which is the number of Shares outstanding on such day. In the
      event that Issuer fails to provide BofA with a Repurchase Notice on the day
      and
      in the manner specified in this Section 8(i) then Issuer agrees to indemnify
      and
      hold harmless BofA, its affiliates and their respective directors, officers,
      employees, agents and controlling persons (BofA and each such person being
      an
“Indemnified
      Party”)
      from
      and against any and all losses, claims, damages and liabilities (or actions
      in
      respect thereof), joint or several, to which such Indemnified Party may become
      subject under applicable securities laws, including without limitation, Section
      16 of the Exchange Act, relating to or arising out of such failure. If for
      any
      reason the foregoing indemnification is unavailable to any Indemnified Party
      or
      insufficient to hold harmless any Indemnified Party, then Issuer shall
      contribute, to the maximum extent permitted by law, to the amount paid or
      payable by the Indemnified Party as a result of such loss, claim, damage or
      liability. In addition, Issuer will reimburse any Indemnified Party for all
      expenses (including reasonable counsel fees and expenses) as they are incurred
      (after notice to Issuer) in connection with the investigation of, preparation
      for or defense or settlement of any pending or threatened claim or any action,
      suit or proceeding arising therefrom, whether or not such Indemnified Party
      is a
      party thereto and whether or not such claim, action, suit or proceeding is
      initiated or brought by or on behalf of Issuer. This indemnity shall survive
      the
      completion of the Transaction contemplated by this Confirmation and any
      assignment and delegation of the Transaction made pursuant to this Confirmation
      or the Agreement shall inure to the benefit of any permitted assignee of
      BofA.

    

    (j) Transfer
      and Assignment.
      BofA
      may transfer or assign its rights and obligations hereunder and under the
      Agreement, in whole or in part, at any time to any person or entity whatsoever
      without the consent of Issuer. If at any time at which the Equity Percentage
      exceeds 8%, BofA, in its discretion, is unable to effect such a transfer or
      assignment after its commercially reasonable efforts on pricing terms reasonably
      acceptable to BofA such that the Equity Percentage is reduced to 8% or less,
      BofA may designate any Scheduled Trading Day as an Early Termination Date with
      respect to a portion (the “Terminated
      Portion”)
      of the
      Transaction, such that the Equity Percentage following such partial termination
      will be equal to or less than 8%. In the event that BofA so designates an Early
      Termination Date with respect to a portion of the Transaction, a payment or
      delivery shall be made pursuant to Section 6 of the Agreement and Section 8(b)
      of this Confirmation as if (i) an Early Termination Date had been designated
      in
      respect of a Transaction having terms identical to the Terminated Portion of
      the
      Transaction, (ii) Issuer shall be the sole Affected Party with respect to such
      partial termination and (iii) such portion of the Transaction shall be the
      only
      Terminated Transaction. The “Equity
      Percentage”
as
      of
      any day is the fraction, expressed as a percentage, (A) the numerator of which
      is the sum of (x) the number of Shares that BofA or any of its affiliates
      beneficially own (within the meaning of Section 13 of the Exchange Act) on
      such
      day, other than any Shares so owned as a hedge of the Transaction, and (y)
      the
      product of the Number of Warrants and the Warrant Entitlement and (B) the
      denominator of which is the number of Shares outstanding on such
      day.

     

    (k)  Disclosure.
      Effective from the date of commencement of discussions concerning the
      Transaction, Issuer and each of its employees, representatives, or other agents
      may disclose to any and all persons, without limitation of any kind, the tax
      treatment and tax structure of the Transaction and all materials of any kind
      (including opinions or other tax analyses) that are provided to Issuer relating
      to such tax treatment and tax structure.

     

    (l)  Designation
      by BofA.
      Notwithstanding any other provision in this Confirmation to the contrary
      requiring or allowing BofA to purchase, sell, receive or deliver any Shares
      or
      other securities to or from Issuer, BofA may designate any of its affiliates
      to
      purchase, sell, receive or deliver such shares or other securities and otherwise
      to perform BofA obligations in respect of the Transaction and any such designee
      may assume such obligations. BofA shall be discharged of its obligations to
      Issuer to the extent of any such performance.

     

    (m)  Netting
      and Set-off.
      

     

    (i) If
      on any
      date cash would otherwise be payable or Shares or other property would otherwise
      be deliverable hereunder or pursuant to the Agreement or pursuant to any other
      agreement between the parties by Issuer to BofA and cash would otherwise be
      payable or Shares or other property would otherwise be deliverable hereunder
      or
      pursuant to the Agreement or pursuant to any other agreement between the parties
      by BofA to Issuer and the type of property required to be paid or delivered
      by
      each such party on such date is the same, then, on such date, each such party’s
      obligation to make such payment or delivery will be automatically satisfied
      and
      discharged and, if the aggregate amount that would otherwise have been payable
      or deliverable by one such party exceeds the aggregate amount that would
      otherwise have been payable or deliverable by the other such party, replaced
      by
      an obligation of the party by whom the larger aggregate amount would have been
      payable or deliverable to pay or deliver to the other party the excess of the
      larger aggregate amount over the smaller aggregate amount.

     

    (ii) In
      addition to and without limiting any rights of set-off that a party hereto
      may
      have as a matter of law, pursuant to contract or otherwise, upon the occurrence
      of an Early Termination Date, BofA shall have the right to terminate, liquidate
      and otherwise close out the Transaction and to set off any obligation or right
      that BofA or any affiliate of BofA may have to or against Issuer hereunder
      or
      under the Agreement against any right or obligation BofA or any of its
      affiliates may have against or to Issuer, including without limitation any
      right
      to receive a payment or delivery pursuant to any provision of the Agreement
      or
      hereunder. In the case of a set-off of any obligation to release, deliver or
      pay
      assets against any right to receive assets of the same type, such obligation
      and
      right shall be set off in kind. In the case of a set-off of any obligation
      to
      release, deliver or pay assets against any right to receive assets of any other
      type, the value of each of such obligation and such right shall be determined
      by
      the Calculation Agent and the result of such set-off shall be that the net
      obligor shall pay or deliver to the other party an amount of cash or assets,
      at
      the net obligor’s option, with a value (determined, in the case of a delivery of
      assets, by the Calculation Agent) equal to that of the net obligation. In
      determining the value of any obligation to release or deliver Shares or any
      right to receive Shares, the value at any time of such obligation or right
      shall
      be determined by reference to the market value of the Shares at such time,
      as
      determined by the Calculation Agent. If an obligation or right is unascertained
      at the time of any such set-off, the Calculation Agent may in good faith
      estimate the amount or value of such obligation or right, in which case set-off
      will be effected in respect of that estimate, and the relevant party shall
      account to the other party at the time such obligation or right is
      ascertained.

     

    (iii) Notwithstanding
      any provision of the Agreement (including without limitation Section 6(f)
      thereof) and this Confirmation (including without limitation this Section 8(m))
      or any other agreement between the parties to the contrary, (A) Issuer shall
      not
      net or set off its obligations under the Transaction against its rights against
      BofA under any other transaction or instrument; (B) BofA may net and set off
      any
      rights of BofA against Issuer arising under the Transaction only against
      obligations of BofA to Issuer arising under any transaction or instrument if
      such transaction or instrument does not convey rights to BofA senior to the
      claims of common stockholders in the event of Issuer’s bankruptcy; and (C) in
      the event of Issuer’s bankruptcy, BofA waives any and all rights it may have to
      set-off in respect of the Transaction, whether arising under agreement,
      applicable law or otherwise. BofA will give notice to Issuer of any netting
      or
      set off effected under this provision.

     

    (n)  Additional
      Termination Event.
      Notwithstanding anything to the contrary in this Confirmation, upon the
      occurrence of one of the following events, with respect to this Transaction,
      (1)
      BofA shall have the right to designate such event an Additional Termination
      Event and designate an Early Termination Date pursuant to Section 6(b) of the
      Agreement, and (2) Issuer shall be deemed the sole Affected Party and the
      Transaction shall be deemed the sole Affected Transaction:

     

    (i) Issuer
      sells all or substantially all of its assets in a transaction pursuant to which
      the Shares are converted into cash, securities or other property.

     

    (ii) There
      is
      a default by Issuer or any subsidiary in the payment of the principal or
      interest on any mortgage, agreement or other instrument under which there may
      be
      outstanding, or by which there may be secured or evidenced any indebtedness
      for
      money borrowed in excess of $40.0 million in the aggregate of Issuer and/or
      any
      subsidiary, whether such indebtedness now exists or shall hereafter be created
      resulting in such indebtedness becoming or being declared due and payable,
      and
      such acceleration shall not have been rescinded or annulled within 10 days
      after
      written notice of such acceleration has been received by Issuer or such
      subsidiary.

     

    (iii) Any
      “person” or “group” within the meaning of Section 13(d) of the Exchange Act
      other than the Issuer, any of its subsidiaries or its employee benefit plans,
      files a Schedule TO or any schedule, form or report under the Exchange Act
      disclosing that such person or group has become the direct or indirect
“beneficial owner”, as defined in Rule 13d-3 under the Exchange Act, of the
      common equity of the Issuer representing more than 50% of the voting power
      of
      such common equity entitled to vote generally in the election of
      directors.

     

    (iv) If
      BofA
      reasonably determines that it is advisable to terminate all or a portion of
      the
      Transaction so that BofA’s related hedging activities will comply with
      applicable securities laws, rules or regulations.

     

    (o)  Effectiveness.
      If,
      prior to the Effective Date, BofA reasonably determines that it is advisable
      to
      cancel the Transaction because of concerns that BofA's related hedging
      activities could be viewed as not complying with applicable securities laws,
      rules or regulations, the Transaction shall be cancelled and shall not become
      effective, and (i) neither party shall have any rights with respect to or
      obligation to the other party in respect of the Transaction
      and (ii)
      each party shall be released and discharged by the other party from and agrees
      not to make any claim against the other party with respect to any obligations
      or
      liabilities of the other party arising out of and to be performed in connection
      with the Transaction either prior to or after the date of such
      termination.

     

    (p)  Waiver
      of Trial by Jury.
      EACH
      OF ISSUER AND BUYER HEREBY IRREVOCABLY WAIVES (ON ITS OWN BEHALF AND, TO THE
      EXTENT PERMITTED BY APPLICABLE LAW, ON BEHALF OF ITS STOCKHOLDERS) ALL RIGHT
      TO
      TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON
      CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR RELATING TO THE TRANSACTION
      OR
      THE ACTIONS OF BUYER OR ITS AFFILIATES IN THE NEGOTIATION, PERFORMANCE OR
      ENFORCEMENT HEREOF.

     

    (q)  Governing
      Law.
      THIS
      CONFIRMATION SHALL BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. THE PARTIES
      HERETO IRREVOCABLY SUBMIT TO THE EXCLUSIVE JURISDICTION OF THE COURTS OF THE
      STATE OF NEW YORK AND THE UNITED STATES COURT FOR THE SOUTHERN DISTRICT OF
      NEW
      YORK IN CONNECTION WITH ALL MATTERS RELATING HERETO AND WAIVE ANY OBJECTION
      TO
      THE LAYING OF VENUE IN, AND ANY CLAIM OF INCONVENIENT FORUM WITH RESPECT TO,
      THESE COURTS.

     

    

     

    

     

    

     

    Issuer
      hereby agrees (a) to check this Confirmation carefully and immediately upon
      receipt so that errors or discrepancies can be promptly identified and rectified
      and (b) to confirm that the foregoing (in the exact form provided by BofA)
      correctly sets forth the terms of the agreement between BofA and Issuer with
      respect to the Transaction, by manually signing this Confirmation or this page
      hereof as evidence of agreement to such terms and providing the other
      information requested herein and immediately returning an executed copy to
      John
      Servidio, Facsimile No. 212-230-8610.

     

    
      	
              Yours
                faithfully,

               

            
	
              BANK
                OF AMERICA, N.A.

               

            
	 
	
              By: 

            
	
              Name:

            
	
              Title:

            

    

     

     

    
      	
              Agreed
                and Accepted By:

               

            
	
              CHARMING
                SHOPPES, INC.

               

            
	 
	
              By: 

            
	
              Name:

            
	
              Title:

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Annex
      A

    

    For
      each
      Component of the Transaction, the Number of Warrants and Expiration Date is
      set
      forth below.

    

    
      	
              Component
                Number

            	
              Expiration
                Date

            	
              Number
                of Warrants

            
	
              1

            	
              July
                30, 2014

            	
              85,343

            
	
              2

            	
              July
                31, 2014

            	
              85,343

            
	
              3

            	
              August
                1, 2014

            	
              85,343

            
	
              4

            	
              August
                4, 2014

            	
              85,343

            
	
              5

            	
              August
                5, 2014

            	
              85,343

            
	
              6

            	
              August
                6, 2014

            	
              85,343

            
	
              7

            	
              August
                7, 2014

            	
              85,343

            
	
              8

            	
              August
                8, 2014

            	
              85,343

            
	
              9

            	
              August
                11, 2014

            	
              85,343

            
	
              10

            	
              August
                12, 2014

            	
              85,343

            
	
              11

            	
              August
                13, 2014

            	
              85,343

            
	
              12

            	
              August
                14, 2014

            	
              85,343

            
	
              13

            	
              August
                15, 2014

            	
              85,343

            
	
              14

            	
              August
                18, 2014

            	
              85,343

            
	
              15

            	
              August
                19, 2014

            	
              85,343

            
	
              16

            	
              August
                20, 2014

            	
              85,343

            
	
              17

            	
              August
                21, 2014

            	
              85,343

            
	
              18

            	
              August
                22, 2014

            	
              85,343

            
	
              19

            	
              August
                25, 2014

            	
              85,343

            
	
              20

            	
              August
                26, 2014

            	
              85,343

            
	
              21

            	
              August
                27, 2014

            	
              85,343

            
	
              22

            	
              August
                28, 2014

            	
              85,343

            
	
              23

            	
              August
                29, 2014

            	
              85,343

            
	
              24

            	
              September
                2, 2014

            	
              85,343

            
	
              25

            	
              September
                3, 2014

            	
              85,343

            
	
              26

            	
              September
                4, 2014

            	
              85,343

            
	
              27

            	
              September
                5, 2014

            	
              85,343

            
	
              28

            	
              September
                8, 2014

            	
              85,343

            
	
              29

            	
              September
                9, 2014

            	
              85,343

            
	
              30

            	
              September
                10, 2014

            	
              85,343

            
	
              31

            	
              September
                11, 2014

            	
              85,343

            
	
              32

            	
              September
                12, 2014

            	
              85,343

            
	
              33

            	
              September
                15, 2014

            	
              85,343

            
	
              34

            	
              September
                16, 2014

            	
              85,343

            
	
              35

            	
              September
                17, 2014

            	
              85,343

            
	
              36

            	
              September
                18, 2014

            	
              85,343

            
	
              37

            	
              September
                19, 2014

            	
              85,343

            
	
              38

            	
              September
                22, 2014

            	
              85,343

            
	
              39

            	
              September
                23, 2014

            	
              85,343

            
	
              40

            	
              September
                24, 2014

            	
              85,343

            
	
              41

            	
              September
                25, 2014

            	
              85,343

            
	
              42

            	
              September
                26, 2014

            	
              85,343

            
	
              43

            	
              September
                29, 2014

            	
              85,343

            
	
              44

            	
              September
                30, 2014

            	
              85,343

            
	
              45

            	
              October
                1, 2014

            	
              85,343

            
	
              46

            	
              October
                2, 2014

            	
              85,343

            
	
              47

            	
              October
                3, 2014

            	
              85,343

            
	
              48

            	
              October
                6, 2014

            	
              85,343

            
	
              49

            	
              October
                7, 2014

            	
              85,343

            
	
              50

            	
              October
                8, 2014

            	
              85,343

            
	
              51

            	
              October
                9, 2014

            	
              85,343

            
	
              52

            	
              October
                10, 2014

            	
              85,343

            
	
              53

            	
              October
                13, 2014

            	
              85,343

            
	
              54

            	
              October
                14, 2014

            	
              85,343

            
	
              55

            	
              October
                15, 2014

            	
              85,343

            
	
              56

            	
              October
                16, 2014

            	
              85,343

            
	
              57

            	
              October
                17, 2014

            	
              85,343

            
	
              58

            	
              October
                20, 2014

            	
              85,343

            
	
              59

            	
              October
                21, 2014

            	
              85,343

            
	
              60

            	
              October
                22, 2014

            	
              85,343

            
	
              61

            	
              October
                23, 2014

            	
              85,343

            
	
              62

            	
              October
                24, 2014

            	
              85,343

            
	
              63

            	
              October
                27, 2014

            	
              85,343

            
	
              64

            	
              October
                28, 2014

            	
              85,343

            
	
              65

            	
              October
                29, 2014

            	
              85,343

            
	
              66

            	
              October
                30, 2014

            	
              85,343

            
	
              67

            	
              October
                31, 2014

            	
              85,343

            
	
              68

            	
              November
                3, 2014

            	
              85,343

            
	
              69

            	
              November
                4, 2014

            	
              85,343

            
	
              70

            	
              November
                5, 2014

            	
              85,343

            
	
              71

            	
              November
                6, 2014

            	
              85,343

            
	
              72

            	
              November
                7, 2014

            	
              85,343

            
	
              73

            	
              November
                10, 2014

            	
              85,343

            
	
              74

            	
              November
                11, 2014

            	
              85,343

            
	
              75

            	
              November
                12, 2014

            	
              85,343

            
	
              76

            	
              November
                13, 2014

            	
              85,343

            
	
              77

            	
              November
                14, 2014

            	
              85,343

            
	
              78

            	
              November
                17, 2014

            	
              85,343

            
	
              79

            	
              November
                18, 2014

            	
              85,343

            
	
              80

            	
              November
                19, 2014

            	
              85,343

            
	
              81

            	
              November
                20, 2014

            	
              85,343

            
	
              82

            	
              November
                21, 2014

            	
              85,343

            
	
              83

            	
              November
                24, 2014

            	
              85,343

            
	
              84

            	
              November
                25, 2014

            	
              85,343

            
	
              85

            	
              November
                26, 2014

            	
              85,343

            
	
              86

            	
              November
                28, 2014

            	
              85,343

            
	
              87

            	
              December
                1, 2014

            	
              85,343

            
	
              88

            	
              December
                2, 2014

            	
              85,343

            
	
              89

            	
              December
                3, 2014

            	
              85,343

            
	
              90

            	
              December
                4, 2014

            	
              85,343

            
	
              91

            	
              December
                5, 2014

            	
              85,343

            
	
              92

            	
              December
                8, 2014

            	
              85,343

            
	
              93

            	
              December
                9, 2014

            	
              85,343

            
	
              94

            	
              December
                10, 2014

            	
              85,343

            
	
              95

            	
              December
                11, 2014

            	
              85,343

            
	
              96

            	
              December
                12, 2014

            	
              85,343

            
	
              97

            	
              December
                15, 2014

            	
              85,343

            
	
              98

            	
              December
                16, 2014

            	
              85,343

            
	
              99

            	
              December
                17, 2014

            	
              85,343

            
	
              100

            	
              December
                18, 2014

            	
              85,352Exhibit 10.5

    EXHIBIT
      10.5

     

    

     

    
      	 	
              April
                24, 2007

               

            
	
              To:

            	
              Charming
                Shoppes, Inc.

            
	 	
              450
                Winks Lane

            
	 	
              Bensalem,
                PA 19020

            
	 	
              Attn:
                Treasurer

            
	 	
              Telephone:
                215-633-4899

            
	 	
              Facsimile:
                215-638-6759

               

            
	
              From:

            	
              JPMorgan
                Chase Bank, National Association

            
	 	
              P.O.
                Box 161

            
	 	
              60
                Victoria Embankment

            
	 	
              London
                EC4Y 0JP

            
	 	
              England
                

               

            
	
              Re:

            	
              Issuer
                Warrant Transaction

            

    

     

    Ladies
      and Gentlemen:

    

    The
      purpose of this communication (this “Confirmation”)
      is to
      set forth the terms and conditions of the above-referenced transaction entered
      into on the Trade Date specified below (the “Transaction”)
      between JPMorgan Chase Bank, National Association, London Branch (“JPMorgan”)
      and
Charming
      Shoppes, Inc.
      (“Issuer”).
      This
      communication constitutes a “Confirmation”
as
      referred to in the ISDA Master Agreement specified below. 

     

    1.  This
      Confirmation is subject to, and incorporates, the definitions and provisions
      of
      the 2000 ISDA Definitions (including the Annex thereto) (the “2000
      Definitions”)
      and
      the definitions and provisions of the 2002 ISDA Equity Derivatives Definitions
      (the “Equity
      Definitions”,
      and
      together with the 2000 Definitions, the “Definitions”),
      in
      each case as published by the International Swaps and Derivatives Association,
      Inc. (“ISDA”).
      In
      the event of any inconsistency between the 2000 Definitions and the Equity
      Definitions, the Equity Definitions will govern. For purposes of the Equity
      Definitions, each reference herein to a Warrant shall be deemed to be a
      reference to a Call Option or an Option, as context requires.

     

    This
      Confirmation evidences a complete and binding agreement between JPMorgan and
      Issuer as to the terms of the Transaction to which this Confirmation relates.
      This Confirmation shall be subject to an agreement (the “Agreement”)
      in the
      form of the 2002 ISDA Master Agreement (the “ISDA
      Form”)
      as if
      JPMorgan and Issuer had executed an agreement in such form (without any Schedule
      but with the elections set forth in this Confirmation). For the avoidance of
      doubt, the Transaction shall be the only transaction under the
      Agreement.

     

    All
      provisions contained in, or incorporated by reference to, the Agreement will
      govern this Confirmation except as expressly modified herein. In the event
      of
      any inconsistency between this Confirmation and either the Definitions or the
      Agreement, this Confirmation shall govern. 

     

    2.  The
      Transaction is a Warrant Transaction, which shall be considered a Share Option
      Transaction for purposes of the Equity Definitions. The terms of the particular
      Transaction to which this Confirmation relates are as follows:

     

    
      	
              General
                Terms:

               

            	 
	
              Trade
                Date:

               

            	
              April
                24, 2007

               

            
	
              Effective
                Date:

               

            	
              April
                30, 2007, subject to Section 8(o) below

               

            
	
              Components:

               

            	
              The
                Transaction will be divided into individual Components, each with
                the
                terms set forth in this Confirmation, and, in particular, with the
                Number
                of Warrants and Expiration Date set forth in this Confirmation. The
                payments and deliveries to be made upon settlement of the Transaction
                will
                be determined separately for each Component as if each Component
                were a
                separate Transaction under the Agreement.

               

            
	
              Warrant
                Style:

               

            	
              European

               

            
	
              Warrant
                Type:

               

            	
              Call

               

            
	
              Seller:

               

            	
              Issuer

               

            
	
              Buyer:

               

            	
              JPMorgan

               

            
	
              Shares:

               

            	
              The
                Common Stock of Issuer, par value USD 0.10 per share (Ticker Symbol:
                “CHRS”).

               

            
	
              Number
                of Warrants:

               

            	
              For
                each Component, as provided in Annex A to this Confirmation; provided
                that if the Initial Purchasers party to the Purchase Agreement (as
                defined
                herein) exercise their right to receive additional 1.125% Senior
                Convertible Notes due 2014, (the “Convertible
                Notes”)
                pursuant to the Initial Purchasers’ option to purchase additional
                Convertible Notes, then, at the discretion of Issuer, on the Additional
                Premium Payment Date, the Number of Warrants shall be automatically
                increased by the additional Warrants (the “Additional
                Warrants”)
                in proportion to such additional Convertible Notes in denominations
                of USD
                1,000 principal amount issued pursuant to such exercise (such Convertible
                Notes, the “Additional
                Convertible Notes”).
                

               

            
	
              Warrant
                Entitlement:

               

            	
              One
                Share per Warrant

               

            
	
              Strike
                Price:

               

            	
              USD
                21.6070

               

            
	
              Premium:

               

            	
              USD
                12,262,500.00; provided
                that
                if the Number of Warrants is increased pursuant to the proviso to
                the
                definition of “Number of Warrants” above, an additional Premium equal to
                the product of the number of Warrants by which the Number of Warrants
                is
                so increased and USD 2.8737 shall be paid on the Additional Premium
                Payment Date.

               

            
	
              Premium
                Payment Date:

               

            	
              The
                Effective Date

               

            
	
              Additional
                Premium Payment Date:

               

            	
              The
                closing date for the purchase and sale of the Additional Convertible
                Notes.

               

            
	
              Exchange:

               

            	
              The
                NASDAQ
                Global Select Market

               

            
	
              Related
                Exchange:

               

            	
              All
                Exchanges

               

            
	
              Procedures
                for Exercise:

               

            	 
	
              Expiration
                Time:

               

            	
              Valuation
                Time

               

            
	
              Expiration
                Date:

               

            	
              As
                provided in Annex
                A
                to
                this Confirmation (or, if such date is not a Scheduled Trading Day,
                the
                next following Scheduled Trading Day that is not already an Expiration
                Date for another Component); provided
                that if that date is a Disrupted Day, the Expiration Date for such
                Component shall be the first succeeding Scheduled Trading Day that
                is not
                a Disrupted Day and is not or is not deemed to be an Expiration Date
                in
                respect of any other Component of the Transaction hereunder; and
                provided
                further
                that if the Expiration Date has not occurred pursuant to the preceding
                proviso as of the Final Disruption Date, the Final Disruption Date
                shall
                be the Expiration Date (irrespective of whether such date is an Expiration
                Date occurring on the Final Disruption Date in respect of any other
                Component for the Transaction) and, notwithstanding anything to the
                contrary in this Confirmation or the Definitions, the Relevant Price
                for
                the Expiration Date shall be the prevailing market value per Share
                determined by the Calculation Agent in a commercially reasonable
                manner.
                “Final
                Disruption Date”
                means December 31, 2014. Notwithstanding the foregoing and anything
                to the
                contrary in the Equity Definitions, if a Market Disruption Event
                occurs on
                any Expiration Date, the Calculation Agent may determine that such
                Expiration Date is a Disrupted Day only in part, in which case the
                Calculation Agent shall make adjustments to the number of Warrants
                for the
                relevant Component for which such day shall be the Expiration Date
                and
                shall designate the Scheduled Trading Day determined in the manner
                described in the immediately preceding sentence as the Expiration
                Date for
                the remaining Warrants for such Component. Section 6.6 of the Equity
                Definitions shall not apply to any Valuation Date occurring on an
                Expiration Date. 

               

            
	
              Market
                Disruption Event:

               

            	
              Section
                6.3(a) of the Equity Definitions is hereby amended by deleting the
                words
                “during the one hour period that ends at the relevant Valuation Time,
                Latest Exercise Time, Knock-in Valuation Time or Knock-out Valuation
                Time,
                as the case may be,” in clause (ii) thereof. 

               

            
	
              Automatic
                Exercise:

               

            	
              Applicable;
                and means that each Warrant not previously exercised under the Transaction
                will be deemed to be automatically exercised at the applicable Expiration
                Time on the Expiration Date unless JPMorgan notifies Seller (by telephone
                or in writing) prior to the Expiration Time on the Expiration Date
                that it
                does not wish Automatic Exercise to occur, in which case Automatic
                Exercise will not apply.

               

            
	
              Issuer’s
                Telephone Number

            	 
	
              and
                Telex and/or Facsimile Number

            	 
	
              and
                Contact Details for purpose of

            	 
	
              Giving
                Notice:

               

            	
              To
                be provided by Issuer.

               

            
	 	 
	
              Settlement
                Terms:

               

            	 
	
              In
                respect of any Component:

            	 
	 	 
	
              Settlement
                Currency:

               

            	
              USD
                

               

            
	
              Net
                Share Settlement:

               

            	
              On
                each Settlement Date, Issuer shall deliver to JPMorgan a number of
                Shares
                equal to the Number of Shares to be Delivered for such Settlement
                Date to
                the account specified by JPMorgan and cash in lieu of any fractional
                shares valued at the Relevant Price on the Valuation Date corresponding
                to
                such Settlement Date. 

               

            
	
              Number
                of Shares to be Delivered:

               

            	
              In
                respect of any Exercise Date, subject to the last sentence of Section
                9.5
                of the Equity Definitions, the product of (i) the number of Warrants
                exercised or deemed exercised on such Exercise Date, (ii) the Warrant
                Entitlement and (iii) (A) the excess of the VWAP Price on the Valuation
                Date occurring on such Exercise Date over the Strike Price divided
                by
                (B) such VWAP Price. 

               

            
	 	
              The
                Number of Shares to be Delivered shall be delivered by Issuer to
                JPMorgan
                no later than 5:00 P.M. (local time in New York City) on the relevant
                Settlement Date.

               

            
	
              VWAP
                Price:

               

            	
              For
                any Valuation Date, the volume weighted average price per Share for
                such
                Valuation Date based on transactions executed during such Valuation
                Date,
                as reported on Bloomberg Page “CHRS.UQ <Equity> AQR” (or any
                successor thereto) or, in the event such price is not so reported
                on such
                Valuation Date for any reason, as reasonably determined by the Calculation
                Agent. 

               

            
	
              Other
                Applicable Provisions:

               

            	
              The
                provisions of Sections 9.1(c), 9.8, 9.9, 9.10, 9.11 (except that
                the
                Representation and Agreement contained in Section 9.11 of the Equity
                Definitions shall be modified by excluding any representations therein
                relating to restrictions, obligations, limitations or requirements
                under
                applicable securities laws as a result of the fact that Seller is
                the
                Issuer of the Shares) and 9.12 of the Equity Definitions will be
                applicable, except that all references in such provisions to
                “Physically-Settled” shall be read as references to “Net Share Settled”.
                “Net Share Settled” in relation to any Warrant means that Net Share
                Settlement is applicable to such Warrant.

               

            
	 	 
	
              Adjustments:

               

            	 
	
              In
                respect of any Component:

            	 
	
               

              Method
                of Adjustment:

               

            	
               

              Calculation
                Agent Adjustment

               

            
	
              Extraordinary
                Dividend:

               

            	
              Any
                dividend or distribution (i) that has an ex-dividend date occurring
                on or
                after the Trade Date and on or prior to the Expiration Date and (ii)
                the
                amount or value of which exceeds the Ordinary Dividend Amount for
                such
                dividend or distribution, as determined by the Calculation Agent.
                

               

            
	
              Ordinary
                Dividend Amount:

               

            	
              USD
                0.00.

               

            
	 	 
	
              Extraordinary
                Events:

               

            	 
	
              New
                Shares:

            	
              Section
                12.1(i) of the Equity Definitions is hereby amended by deleting the
                text
                in clause (i) in its entirety and replacing it with the phrase “publicly
                quoted, traded or listed on any of the New York Stock Exchange, the
                American Stock Exchange, The NASDAQ Global Select Market or The NASDAQ
                Global Market (or their respective successors)”.

            
	 	 
	
              Consequences
                of Merger Events:

               

            	 
	
              (a)
                Share-for-Share:

               

            	
              Modified
                Calculation Agent Adjustment

               

            
	
              (b)
                Share-for-Other:

               

            	
              Cancellation
                and Payment (Calculation Agent Determination)

               

            
	
              (c)
                Share-for-Combined:

               

            	
              Cancellation
                and Payment (Calculation Agent Determination)

               

            
	
              Tender
                Offer:

               

            	
              Applicable

               

            
	 	 
	
              Consequences
                of Tender Offers:

               

            	 
	
              (a)
                Share-for-Share:

               

            	
              Modified
                Calculation Agent Adjustment

               

            
	
              (b)
                Share-for-Other:

               

            	
              Cancellation
                and Payment (Calculation Agent Determination) on that portion of
                the Other
                Consideration that consists of cash; Modified Calculation Agent Adjustment
                on the remainder of the Other Consideration.

               

            
	
              (c)
                Share-for-Combined:

               

            	
              Modified
                Calculation Agent Adjustment

               

            
	 	 
	
              Nationalization,
                Insolvency

            	 
	
              or
                Delisting:

               

            	
              Cancellation
                and Payment (Calculation Agent Determination); provided
                that in addition to the provisions of Section 12.6(a)(iii) of the
                Equity
                Definitions, it shall also constitute a Delisting if the Exchange
                is
                located in the United States and the Shares are not immediately re-listed,
                re-traded or re-quoted on any of the New York Stock Exchange, the
                American
                Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global
                Market (or their respective successors); if the Shares are immediately
                re-listed, re-traded or re-quoted on any such exchange or quotation
                system, such exchange or quotation system shall thereafter be deemed
                to be
                the Exchange.

               

            
	 	 
	
              Additional
                Disruption Events: 

               

            	 
	
              (a)
                Change in Law:

               

            	
              Applicable

               

            
	
              (b)
                Failure to Deliver:

               

            	
              Not
                Applicable

               

            
	
              (c)
                Insolvency Filing:

               

            	
              Applicable

               

            
	
              (d)
                Hedging Disruption:

               

            	
              Applicable

               

            
	
              (e)
                Increased Cost of Hedging:

               

            	
              Applicable

               

            
	
              (f)
                Loss of Stock Borrow:

               

            	
              Applicable

               

            
	
              Maximum
                Stock Loan Rate:

               

            	
              100
                basis points

               

            
	
              (g)
                Increased Cost of Stock Borrow:

               

            	
              Applicable

               

            
	
              Initial
                Stock Loan Rate:

               

            	
              50
                basis points

               

            
	
              Hedging
                Party:

               

            	
              JPMorgan
                for all applicable Additional Disruption Events

               

            
	
              Determining
                Party:

               

            	
              JPMorgan
                for all applicable Extraordinary Events

               

            
	
              Non-Reliance:

               

            	
              Applicable

               

            
	
              Agreements
                and Acknowledgments 

            	 
	
              Regarding
                Hedging Activities:

               

            	
              Applicable

               

            
	
              Additional
                Acknowledgments:

               

            	
              Applicable

               

            
	 	 
	
              3.
                Calculation Agent:

               

            	
              JPMorgan

               

            
	 	 
	
              4.
                Account Details:

               

            	 
	
              JPMorgan
                Payment Instructions:

               

            	
              JPMorgan
                Chase Bank, National Association, New York

               

            
	 	
              ABA:
                021 000 021

               

            
	 	
              Favour:
                JPMorgan Chase Bank, National Association - London

               

            
	 	
              A/C:
                0010962009 CHASUS33

               

            
	
              Issuer
                Payment Instructions:

               

            	
              To
                be provided by Issuer.

               

            

    

    5.
      Offices:

     

    The
      Office of JPMorgan for the Transaction is: 

     

    JPMorgan
      Chase Bank, National Association

    London
      Branch

    P.O.
      Box
      161

    60
      Victoria Embankment

    London
      EC4Y 0JP

    England

    Telephone: 212-583-8373

    Facsimile: 212-847-5124

     

    The
      Office of Issuer for the Transaction is: 450 Winks Lane, Bensalem, PA
      19020

     

    6.
      Notices:
      For
      purposes of this Confirmation:

     

    (a) Address
      for notices or communications to Issuer:

     

    
      	
              To:

            	
              Charming
                Shoppes, Inc.

            
	 	
              450
                Winks Lane

            
	 	
              Bensalem,
                PA 19020

            
	
              Attn:
                

            	
              Treasurer

            
	
              Telephone:
                

            	
              215-633-4899

            
	
              Facsimile:
                

            	
              215-638-6759

            

    

    

    (b) Address
      for notices or communications to JPMorgan:

     

    
      	
              To:

            	
              JPMorgan
                Chase Bank, National Association

            
	 	
              277
                Park Avenue, 11th
                Floor

            
	 	
              New
                York, NY 10172

            
	
              Attention:
                

            	
              Eric
                Stefanik

            
	
              Title:
                

            	
              Operations
                Analyst

            
	 	
              EDG
                Corporate Marketing 

            
	
              Telephone:

            	
              (212)
                622-5814

            
	
              Facsimile:

            	
              (212)
                622-8534

            

    

    

     

    7.
      Representations,
      Warranties and Agreements:

     

    (a)  In
      addition to the representations and warranties in the Agreement and those
      contained elsewhere herein, Issuer represents and warrants to and for the
      benefit of, and agrees with, JPMorgan as follows:

     

    (i) On
      the
      Trade Date, (A) none of Issuer and its officers and directors is aware of any
      material nonpublic information regarding Issuer or the Shares and (B) all
      reports and other documents filed by Issuer with the Securities and Exchange
      Commission pursuant to the Exchange Act when considered as a whole (with the
      more recent such reports and documents deemed to amend inconsistent statements
      contained in any earlier such reports and documents), do not contain any untrue
      statement of a material fact or any omission of a material fact required to
      be
      stated therein or necessary to make the statements therein, in the light of
      the
      circumstances in which they were made, not misleading.

     

    (ii) Without
      limiting the generality of Section 13.1 of the Equity Definitions, Issuer
      acknowledges that JPMorgan is not making any representations or warranties
      with
      respect to the treatment of the Transaction under FASB Statements 128, 133
      or
      149 (each as amended) or 150, EITF Issue No. 00-19, 01-06 or 03-06 (or any
      successor issue statements) or under FASB’s Liabilities & Equity
      Project.

     

    (iii) Prior
      to
      the Trade Date, Issuer shall deliver to JPMorgan a resolution of Issuer’s board
      of directors authorizing the Transaction and such other certificate or
      certificates as JPMorgan shall reasonably request.

     

    (iv) Issuer
      is
      not entering into this Confirmation to create actual or apparent trading
      activity in the Shares (or any security convertible into or exchangeable for
      Shares) or to raise or depress or otherwise manipulate the price of the Shares
      (or any security convertible into or exchangeable for Shares) or otherwise
      in
      violation of the Exchange Act. 

     

    (v) On
      any
      Expiration Date, Issuer shall not, and shall cause its affiliates and affiliated
      purchasers (each as defined in Rule 10b-18) not to, directly or indirectly
      (including, without limitation, by means of a cash-settled or other derivative
      instrument) purchase, offer to purchase, place any bid or limit order that
      would
      effect a purchase of, or commence any tender offer relating to, any Shares (or
      an equivalent interest, including a unit of beneficial interest in a trust
      or
      limited partnership or a depository share) or any security convertible into
      or
      exchangeable for Shares on any Expiration Date.

     

    (vi) Issuer
      is
      not, and after giving effect to the transactions contemplated hereby will not
      be, an “investment company” as such term is defined in the Investment Company
      Act of 1940, as amended.

     

    (vii) On
      the
      Trade Date (A) the assets of Issuer at their fair valuation exceed the
      liabilities of Issuer, including contingent liabilities, (B) the capital of
      Issuer is adequate to conduct the business of Issuer and (C) Issuer has the
      ability to pay its debts and obligations as such debts mature and does not
      intend to, or does not believe that it will, incur debt beyond its ability
      to
      pay as such debts mature.

     

    (viii) Issuer
      shall not take any action to decrease the number of Available Shares below
      the
      Capped Number (each as defined below).

     

    (ix) The
      representations and warranties of Issuer set forth in Section 3 of the Agreement
      and Section 1 of the Purchase Agreement (the “Purchase
      Agreement”)
      dated
      as of April 30, 2007 between Issuer and Banc of America Securities LLC and
      J.P.
      Morgan Securities Inc. as representatives of the Initial Purchasers party
      thereto are true and correct and are hereby deemed to be repeated to JPMorgan
      as
      if set forth herein.

     

    (x) Issuer
      understands no obligations of JPMorgan to it hereunder will be entitled to
      the
      benefit of deposit insurance and that such obligations will not be guaranteed
      by
      any affiliate of JPMorgan or any governmental agency.

     

    (xi) (A)
      On
      the Trade Date, the Shares or securities that are convertible into, or
      exchangeable or exercisable for Shares, are not, and shall not be, subject
      to a
“restricted period,” as such term is defined in Regulation M under the Exchange
      Act (“Regulation
      M”)
      and
      (B) Issuer shall not engage in any “distribution,” as such term is defined in
      Regulation M, other than a distribution meeting the requirements of the
      exceptions set forth in sections 101(b)(10) and 102(b)(7) of Regulation M,
      until
      the second Exchange Business Day immediately following the Trade
      Date.

     

    (xii)
       The
      Shares of the Issuer initially issuable upon exercise of the Warrant by the
      net
      share settlement method (the “Warrant
      Shares”)
      have
      been reserved for issuance by all required corporate action of the Issuer.
      The
      Warrant Shares have been duly authorized and, when delivered against payment
      therefor (which may include Net Share Settlement in lieu of cash) and otherwise
      as contemplated by the terms of the Warrant following the exercise of the
      Warrant in accordance with the terms and conditions of the Warrant, will be
      validly issued, fully-paid and non-assessable, and the issuance of the Warrant
      Shares will not be subject to any preemptive or similar rights.

     

    (b) Each
      of
      JPMorgan and Issuer agrees and represents that it is an “eligible contract
      participant” as defined in Section 1a(12) of the U.S. Commodity Exchange Act, as
      amended.

     

    (c) Each
      of
      JPMorgan and Issuer acknowledges that the offer and sale of the Transaction
      to
      it is intended to be exempt from registration under the Securities Act of 1933,
      as amended (the “Securities
      Act”),
      by
      virtue of Section 4(2) thereof. Accordingly, JPMorgan represents and warrants
      to
      Issuer that (i) it has the financial ability to bear the economic risk of its
      investment in the Transaction and is able to bear a total loss of its
      investment, (ii) it is an “accredited investor” as that term is defined in
      Regulation D as promulgated under the Securities Act, (iii) it is entering
      into
      the Transaction for its own account without a view to the distribution or resale
      thereof and (iv) the assignment, transfer or other disposition of the
      Transaction has not been and will not be registered under the Securities Act
      and
      is restricted under this Confirmation, the Securities Act and state securities
      laws.

     

    (d) The
      parties hereto intend for: (a) the Transaction to be a “securities contract” and
      a “swap agreement” as defined in the Bankruptcy Code (Title 11 of the United
      States Code) (the “Bankruptcy
      Code”),
      and
      the parties hereto to be entitled to the protections afforded by, among other
      Sections, Sections 362(b)(6), 555 and 560 of the Bankruptcy Code; (b) a party’s
      right to liquidate the Transaction and to exercise any other remedies upon
      the
      occurrence of any Event of Default under the Agreement with respect to the
      other
      party to constitute a “contractual right” as described in the Bankruptcy Code;
      (c) any cash, securities or other property provided as performance assurance,
      credit support or collateral with respect to the Transaction to constitute
      “margin payments” and “transfers” under a “swap agreement” as defined in the
      Bankruptcy Code; and (d) all payments for, under or in connection with the
      Transaction, all payments for the Shares and the transfer of such Shares to
      constitute “settlement payments” and “transfers” under a “swap agreement” as
      defined in the Bankruptcy Code.

     

    (e) Issuer
      shall deliver to JPMorgan an opinion of counsel, dated as of the Trade Date
      and
      reasonably acceptable to JPMorgan in form and substance, with respect to the
      matters set forth in Section 3(a) of the Agreement. 

     

    8.
      Other
      Provisions:

     

    (a) Alternative
      Calculations and Payment on Early Termination and on Certain Extraordinary
      Events.
      If,
      subject to Section 8(m) below, Issuer shall owe JPMorgan any amount pursuant
      to
      Sections 12.2, 12.3, 12.6, 12.7 or 12.9 of the Equity Definitions (except in
      the
      event of an Insolvency, a Nationalization, a Tender Offer or a Merger Event,
      in
      each case, in which the consideration or proceeds to be paid to holders of
      Shares consists solely of cash) or pursuant to Section 6(d)(ii) of the Agreement
      (except in the event of an Event of Default in which Issuer is the Defaulting
      Party or a Termination Event in which Issuer is the Affected Party, that
      resulted from an event or events within Issuer’s control) (a “Payment
      Obligation”),
      Issuer shall have the right, in its sole discretion, to satisfy any such Payment
      Obligation by the Share Termination Alternative (as defined below) by giving
      irrevocable telephonic notice to JPMorgan, confirmed in writing within one
      Scheduled Trading Day, between the hours of 9:00 A.M. and 4:00 P.M. New York
      City time on the Merger Date, Tender Offer Date, Announcement Date or Early
      Termination Date, as applicable (“Notice
      of Share Termination”);
      provided
      that
      if
      Issuer does not validly elect to satisfy its Payment Obligation by the Share
      Termination Alternative, JPMorgan shall have the right, in its sole discretion
      to require Issuer to satisfy its Payment Obligation by the Share Termination
      Alternative, notwithstanding Issuer’s election to the contrary. Upon such Notice
      of Share Termination, the following provisions shall apply on the Scheduled
      Trading Day immediately following the Merger Date, the Tender Offer Date,
      Announcement Date or Early Termination Date, as applicable:

     

    
      	
              Share
                Termination Alternative: 

               

            	
              Applicable
                and means that Issuer shall deliver to JPMorgan the Share Termination
                Delivery Property on the date on which the Payment Obligation would
                otherwise be due pursuant to Section 12.7 or 12.9 of the Equity
                Definitions or Section 6(d)(ii) of the Agreement, as applicable (the
                “Share
                Termination Payment Date”),
                in satisfaction of the Payment Obligation. 

               

            
	
              Share
                Termination Delivery 

            	 
	
              Property:
                

               

            	
              A
                number of Share Termination Delivery Units, as calculated by the
                Calculation Agent, equal to the Payment Obligation divided by the
                Share
                Termination Unit Price. The Calculation Agent shall adjust the Share
                Termination Delivery Property by replacing any fractional portion
                of a
                security therein with an amount of cash equal to the value of such
                fractional security based on the values used to calculate the Share
                Termination Unit Price. 

               

            
	
              Share
                Termination Unit Price: 

               

            	
              The
                value of property contained in one Share Termination Delivery Unit
                on the
                date such Share Termination Delivery Units are to be delivered as
                Share
                Termination Delivery Property, as determined by the Calculation Agent
                in
                its discretion by commercially reasonable means and notified by the
                Calculation Agent to Issuer at the time of notification of the Payment
                Obligation. 

               

            
	
              Share
                Termination Delivery Unit: 

               

            	
              In
                the case of a Termination Event, Event of Default or Delisting, one
                Share
                or, in the case of an Insolvency, Nationalization, Merger Event or
                Tender
                Offer, a unit consisting of the number or amount of each type of
                property
                received by a holder of one Share (without consideration of any
                requirement to pay cash or other consideration in lieu of fractional
                amounts of any securities) in such Insolvency, Nationalization, Merger
                Event or Tender Offer. If such Insolvency, Nationalization, Merger
                Event
                or Tender Offer involves a choice of consideration to be received
                by
                holders, such holder shall be deemed to have elected to receive the
                maximum possible amount of cash.

               

            
	
              Failure
                to Deliver: 

               

            	
              Applicable

               

            
	
              Other
                applicable provisions: 

               

            	
              If
                Share Termination Alternative is applicable, the provisions of Sections
                9.8, 9.9, 9.10, 9.11 (except that the Representation and Agreement
                contained in Section 9.11 of the Equity Definitions shall be modified
                by
                excluding any representations therein relating to restrictions,
                obligations, limitations or requirements under applicable securities
                laws
                as a result of the fact that Seller is the Issuer of the Shares)
                and 9.12
                of the Equity Definitions will be applicable, except that all references
                in such provisions to “Physically-Settled” shall be read as references to
                “settled by Share Termination Alternative” and all references to “Shares”
                shall be read as references to “Share Termination Delivery Units”.
                

               

            

    

    (b) Registration/Private
      Placement Procedures.
      (i) If,
      in the reasonable judgment of JPMorgan, for any reason, any Shares or any
      securities of Issuer or its affiliates comprising any Share Termination Delivery
      Units deliverable to JPMorgan hereunder (any such Shares or securities,
“Delivered
      Securities”)
      would
      not be immediately freely transferable by JPMorgan under Rule 144(k) under
      the
      Securities Act of 1933, as amended (the “Securities
      Act”),
      then
      the provisions set forth in this Section 8(b) shall apply. At the election
      of
      Issuer by notice to JPMorgan within one Exchange Business Day after the relevant
      delivery obligation arises, but in any event at least one Exchange Business
      Day
      prior to the date on which such delivery obligation is due, either (A) all
      Delivered Securities delivered by Issuer to JPMorgan shall be, at the time
      of
      such delivery, covered by an effective registration statement of Issuer for
      immediate resale by JPMorgan (such registration statement and the corresponding
      prospectus (the “Prospectus”)
      (including, without limitation, any sections describing the plan of
      distribution) in form and content commercially reasonably satisfactory to
      JPMorgan) or (B) Issuer shall deliver additional Delivered Securities so that
      the value of such Delivered Securities, as determined by the Calculation Agent
      to reflect an appropriate liquidity discount, equals the value of the number
      of
      Delivered Securities that would otherwise be deliverable if such Delivered
      Securities were freely tradeable (without prospectus delivery) upon receipt
      by
      JPMorgan (such value, the “Freely
      Tradeable Value”);
      provided
      that
      Issuer may not make the election described in this clause (B) if, on the date
      of
      its election, it has taken, or caused to be taken, any action that would make
      unavailable either the exemption pursuant to Section 4(2) of the Securities
      Act
      for the delivery by Issuer to JPMorgan (or any affiliate designated by JPMorgan)
      of the Delivered Securities or the exemption pursuant to Section 4(1) or Section
      4(3) of the Securities Act for resales of the Delivered Securities by JPMorgan
      (or any such affiliate of JPMorgan). (For the avoidance of doubt, as used in
      this paragraph (b) only, the term “Issuer” shall mean the issuer of the relevant
      securities, as the context shall require.)

     

    (ii) If
      Issuer
      makes the election described in clause (b)(i)(A) above:

     

    (A) JPMorgan
      (or an Affiliate of JPMorgan designated by JPMorgan) shall be afforded a
      reasonable opportunity to conduct a due diligence investigation with respect
      to
      Issuer that is customary in scope for underwritten offerings of equity
      securities and that yields results that are commercially reasonably satisfactory
      to JPMorgan or such Affiliate, as the case may be, in its discretion;
      and

     

    (B) JPMorgan
      (or an Affiliate of JPMorgan designated by JPMorgan) and Issuer shall enter
      into
      an agreement (a “Registration
      Agreement”)
      on
      commercially reasonable terms in connection with the public resale of such
      Delivered Securities by JPMorgan or such Affiliate substantially similar to
      underwriting agreements customary for underwritten offerings of equity
      securities, in form and substance commercially reasonably satisfactory to
      JPMorgan or such Affiliate and Issuer, which Registration Agreement shall
      include, without limitation, provisions substantially similar to those contained
      in such underwriting agreements relating to the indemnification of, and
      contribution in connection with the liability of, JPMorgan and its Affiliates
      and Issuer, shall provide for the payment by Issuer of all expenses in
      connection with such resale, including all registration costs and all fees
      and
      expenses of counsel for JPMorgan, and shall provide for the delivery of
      accountants’ “comfort letters” to JPMorgan or such Affiliate with respect to the
      financial statements and certain financial information contained in or
      incorporated by reference into the Prospectus.

     

    (iii) If
      Issuer
      makes the election described in clause (b)(i)(B) above:

     

    (A) all
      Delivered Securities shall be delivered to JPMorgan (or any Affiliate of
      JPMorgan designated by JPMorgan) pursuant to the exemption from the registration
      requirements of the Securities Act provided by Section 4(2)
      thereof;

     

    (B) JPMorgan
      (or an Affiliate of JPMorgan designated by JPMorgan) and any potential
      institutional purchaser of any such Delivered Securities from JPMorgan or such
      Affiliate identified by JPMorgan shall be afforded a commercially reasonable
      opportunity to conduct a due diligence investigation in compliance with
      applicable law with respect to Issuer customary in scope for private placements
      of equity securities (including, without limitation, the right to have made
      available to them for inspection all financial and other records, pertinent
      corporate documents and other information reasonably requested by them);

     

    (C) JPMorgan
      (or an Affiliate of JPMorgan designated by JPMorgan) and Issuer shall enter
      into
      an agreement (a “Private
      Placement Agreement”)
      on
      commercially reasonable terms in connection with the private placement of such
      Delivered Securities by Issuer to JPMorgan or such Affiliate and the private
      resale of such shares by JPMorgan or such Affiliate, substantially similar
      to
      private placement purchase agreements customary for private placements of equity
      securities, in form and substance commercially reasonably satisfactory to
      JPMorgan and Issuer, which Private Placement Agreement shall include, without
      limitation, provisions substantially similar to those contained in such private
      placement purchase agreements relating to the indemnification of, and
      contribution in connection with the liability of, JPMorgan and its Affiliates
      and Issuer, shall provide for the payment by Issuer of all expenses in
      connection with such resale, including all fees and expenses of counsel for
      JPMorgan, shall contain representations, warranties and agreements of Issuer
      reasonably necessary or advisable to establish and maintain the availability
      of
      an exemption from the registration requirements of the Securities Act for such
      resales, and shall use best efforts to provide for the delivery of accountants’
“comfort letters” to JPMorgan or such Affiliate with respect to the financial
      statements and certain financial information contained in or incorporated by
      reference into the offering memorandum prepared for the resale of such Shares;
      and

     

    (D) Issuer
      agrees that any Delivered Securities so delivered to JPMorgan, (i) may be
      transferred by and among JPMorgan and its Affiliates, and Issuer shall effect
      such transfer without any further action by JPMorgan and (ii) after the minimum
      “holding period” within the meaning of Rule 144(d) under the Securities Act has
      elapsed with respect to such Delivered Securities, Issuer shall promptly remove,
      or cause the transfer agent for such Shares or securities to remove, any legends
      referring to any such restrictions or requirements from such Delivered
      Securities upon delivery by JPMorgan (or such Affiliate of JPMorgan) to Issuer
      or such transfer agent of seller’s and broker’s representation letters
      customarily delivered by JPMorgan in connection with resales of restricted
      securities pursuant to Rule 144 under the Securities Act, without any further
      requirement for the delivery of any certificate, consent, agreement, opinion
      of
      counsel, notice or any other document, any transfer tax stamps or payment of
      any
      other amount or any other action by JPMorgan (or such affiliate of
      JPMorgan).

     

    (c) Make-whole.
      If
      Issuer makes the election described in clause (b)(i)(B) of paragraph (b) of
      this
      Section 8, then JPMorgan or its affiliate may sell such Shares or Share
      Termination Delivery Units, as the case may be, during a period (the
“Resale
      Period”)
      commencing on the Exchange Business Day following delivery of such Shares or
      Share Termination Delivery Units, as the case may be, and ending on the Exchange
      Business Day on which JPMorgan completes the sale of all such Shares or Share
      Termination Delivery Units, as the case may be, or a sufficient number of Shares
      or Share Termination Delivery Units, as the case may be, so that the realized
      net proceeds of such sales exceed the Freely Tradeable Value (such amount of
      the
      Freely Tradeable Value, the “Required
      Proceeds”).
      If
      any of such delivered Shares or Share Termination Delivery Units remain after
      such realized net proceeds exceed the Required Proceeds, JPMorgan shall return
      such remaining Shares or Share Termination Delivery Units to Issuer. If the
      Required Proceeds exceed the realized net proceeds from such resale, Issuer
      shall transfer to JPMorgan by the open of the regular trading session on the
      Exchange on the Exchange Trading Day immediately following the last day of
      the
      Resale Period the amount of such excess (the “Additional
      Amount”)
      in
      cash or in a number of additional Shares (“Make-whole
      Shares”)
      in an
      amount that, based on the Relevant Price on the last day of the Resale Period
      (as if such day was the “Valuation Date” for purposes of computing such Relevant
      Price), has a dollar value equal to the Additional Amount. The Resale Period
      shall continue to enable the sale of the Make-whole Shares in the manner
      contemplated by this Section 8(c). This provision shall be applied successively
      until the Additional Amount is equal to zero, subject to Section 8(e).

     

    (d)  Beneficial
      Ownership.
      Notwithstanding anything to the contrary in the Agreement or this Confirmation,
      in no event shall JPMorgan be entitled to receive, or shall be deemed to
      receive, any Shares if, upon such receipt of such Shares, the “beneficial
      ownership” (within the meaning of Section 13 of the Exchange Act and the rules
      promulgated thereunder) of Shares by JPMorgan or any entity that directly or
      indirectly controls JPMorgan (collectively, “Buyer
      Group”)
      would
      be equal to or greater than 9% or more of the outstanding Shares. If any
      delivery owed to JPMorgan hereunder is not made, in whole or in part, as a
      result of this provision, Issuer’s obligation to make such delivery shall not be
      extinguished and Issuer shall make such delivery as promptly as practicable
      after, but in no event later than one Exchange Business Day after, JPMorgan
      gives notice to Issuer that such delivery would not result in Buyer Group
      directly or indirectly so beneficially owning in excess of 9% of the outstanding
      Shares.

     

    (e)  Limitations
      on Settlement by Issuer.
      Notwithstanding anything herein or in the Agreement to the contrary, in no
      event
      shall Issuer be required to deliver Shares in connection with the Transaction
      in
      excess of 12,800,000 Shares (the “Capped
      Number”),
      as
      such number may be adjusted for Share splits or Share combinations. Issuer
      represents and warrants (which shall be deemed to be repeated on each day that
      the Transaction is outstanding) that the Capped Number is equal to or less
      than
      the number of authorized but unissued Shares of the Issuer that are not reserved
      for future issuance in connection with transactions in the Shares (other than
      the Transaction) on the date of the determination of the Capped Number (such
      Shares, the “Available
      Shares”).
      In
      the event Issuer shall not have delivered the full number of Shares otherwise
      deliverable as a result of this Section 8(e) (the resulting deficit, the
“Deficit
      Shares”),
      Issuer shall be continually obligated to deliver, from time to time until the
      full number of Deficit Shares have been delivered pursuant to this paragraph,
      Shares when, and to the extent, that (i) Shares are repurchased, acquired or
      otherwise received by Issuer or any of its subsidiaries after the Trade Date
      (whether or not in exchange for cash, fair value or any other consideration),
      (ii) authorized and unissued Shares reserved for issuance in respect of other
      transactions prior to such date which prior to the relevant date become no
      longer so reserved and (iii) Issuer additionally authorizes and unissued Shares
      that are not reserved for other transactions. Issuer shall immediately notify
      JPMorgan of the occurrence of any of the foregoing events (including the number
      of Shares subject to clause (i), (ii) or (iii) and the corresponding number
      of
      Shares to be delivered) and promptly deliver such Shares
      thereafter.

     

    (f)  Right
      to Extend.
      JPMorgan may postpone any Exercise Date or any other date of valuation or
      delivery with respect to some or all of the relevant Warrants (in which event
      the Calculation Agent shall make appropriate adjustments to the Number of Shares
      to be Delivered with respect to one or more Components), if JPMorgan determines,
      in its reasonable discretion, that such extension is reasonably necessary or
      appropriate to preserve JPMorgan’s hedging or hedge unwind activity hereunder in
      light of existing liquidity conditions or to enable JPMorgan to effect purchases
      of Shares in connection with its hedging, hedge unwind or settlement activity
      hereunder in a manner that would, if JPMorgan were Issuer or an affiliated
      purchaser of Issuer, be in compliance with applicable legal, regulatory or
      self-regulatory requirements, or with related policies and procedures applicable
      to JPMorgan.

     

    (g)  Equity
      Rights.
      JPMorgan acknowledges and agrees that this Confirmation is not intended to
      convey to it rights with respect to the Transaction that are senior to the
      claims of common stockholders in the event of Issuer’s bankruptcy. For the
      avoidance of doubt, the parties agree that the preceding sentence shall not
      apply at any time other than during Issuer’s bankruptcy to any claim arising as
      a result of a breach by Issuer of any of its obligations under this Confirmation
      or the Agreement. For the avoidance of doubt, the parties acknowledge that
      this
      Confirmation is not secured by any collateral that would otherwise secure the
      obligations of Issuer herein under or pursuant to any other
      agreement.

     

    (h)  Amendments
      to Equity Definitions and the Agreement.
      The
      following amendments shall be made to the Equity Definitions and to the
      Agreement:

     

    (i) Section
      11.2(a) of the Equity Definitions is hereby amended by deleting the words
“diluting or concentrative” and replacing them with the words
“material”.

     

    (ii)
       The
      first
      sentence of Section 11.2(c) of the Equity Definitions, prior to clause (A)
      thereof, is hereby amended to read as follows: ‘(c) If “Calculation Agent
      Adjustment” is specified as the Method of Adjustment in the related Confirmation
      of a Share Option Transaction, then following the announcement or occurrence
      of
      any Potential Adjustment Event, the Calculation Agent will determine whether
      such Potential Adjustment Event has a material effect on the theoretical value
      of the relevant Shares or options on the Shares and, if so, will (i) make
      appropriate adjustment(s), if any, to any one or more of:’ and, the portion of
      such sentence immediately preceding clause (ii) thereof is hereby amended by
      deleting the words “diluting or concentrative” and the words “(provided that no
      adjustments will be made to account solely for changes in volatility, expected
      dividends, stock loan rate or liquidity relative to the relevant Shares)” and
      replacing such latter phrase with the words “(and, for the avoidance of doubt,
      adjustments may be made to account solely for changes in volatility, expected
      dividends, stock loan rate or liquidity relative to the relevant Shares)”;

     

    (iii)
       Section
      11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words
      “diluting or concentrative” and replacing them with “material”; and adding the
      phrase “or Warrants” at the end of the sentence.

     

    (iv)
       Section
      12.6(a)(ii) of the Equity Definitions is hereby amended by (1) deleting from
      the
      fourth line thereof the word “or” after the word “official” and inserting a
      comma therefor, and (2) deleting the semi-colon at the end of subsection (B)
      thereof and inserting the following words therefor “or (C) at JPMorgan’s option,
      the occurrence of any of the events specified in Section 5(a)(vii) (1) through
      (9) of the ISDA Master Agreement with respect to that Issuer.”

     

    (v)
       Section
      12.9(b)(iv) of the Equity Definitions is hereby amended by:

     

    (A) deleting
      (1) subsection (A) in its entirety, (2) the phrase “or (B)” following subsection
      (A) and (3) the phrase “in each case” in subsection (B); and

    

    (B) deleting
      the phrase “neither the Non-Hedging Party nor the Lending Party lends Shares in
      the amount of the Hedging Shares or” in the penultimate sentence.

    

    (vi)Section
      12.9(b)(v) of the Equity Definitions is hereby amended by:

    

    (A) adding
      the word “or” immediately before subsection “(B)” and deleting the comma at the
      end of subsection (A); and

    

    (B) (1)
      deleting subsection (C) in its entirety, (2) deleting the word “or” immediately
      preceding subsection (C) and (3) deleting the final sentence in its entirety
      and
      replacing it with the sentence “The Hedging Party will determine the
      Cancellation Amount payable by one party to the other.”

    

    (i) Repurchase
      Notices.
      Issuer
      shall, on any day on which Issuer effects any repurchase of Shares, promptly
      give JPMorgan a written
      notice of such repurchase (a “Repurchase
      Notice”)
      on
      such day if, following such repurchase, the Notice Percentage as determined
      on
      such day is (i) greater than 6% and (ii) greater by 0.5% than the Notice
      Percentage included in the immediately preceding Repurchase Notice (or, in
      the
      case of the first such Repurchase Notice, greater than the Notice Percentage
      as
      of the date hereof). The “Notice
      Percentage”
as
      of
      any day is the fraction, expressed as a percentage, the numerator of which
      is
      the product of the Number of Warrants and the Warrant Entitlement and the
      denominator of which is the number of Shares outstanding on such day. In the
      event that Issuer fails to provide JPMorgan with a Repurchase Notice on the
      day
      and in the manner specified in this Section 8(i) then Issuer agrees to indemnify
      and hold harmless JPMorgan, its affiliates and their respective directors,
      officers, employees, agents and controlling persons (JPMorgan and each such
      person being an “Indemnified
      Party”)
      from
      and against any and all losses, claims, damages and liabilities (or actions
      in
      respect thereof), joint or several, to which such Indemnified Party may become
      subject under applicable securities laws, including without limitation, Section
      16 of the Exchange Act, relating to or arising out of such failure. If for
      any
      reason the foregoing indemnification is unavailable to any Indemnified Party
      or
      insufficient to hold harmless any Indemnified Party, then Issuer shall
      contribute, to the maximum extent permitted by law, to the amount paid or
      payable by the Indemnified Party as a result of such loss, claim, damage or
      liability. In addition, Issuer will reimburse any Indemnified Party for all
      expenses (including reasonable counsel fees and expenses) as they are incurred
      (after notice to Issuer) in connection with the investigation of, preparation
      for or defense or settlement of any pending or threatened claim or any action,
      suit or proceeding arising therefrom, whether or not such Indemnified Party
      is a
      party thereto and whether or not such claim, action, suit or proceeding is
      initiated or brought by or on behalf of Issuer. This indemnity shall survive
      the
      completion of the Transaction contemplated by this Confirmation and any
      assignment and delegation of the Transaction made pursuant to this Confirmation
      or the Agreement shall inure to the benefit of any permitted assignee of
      JPMorgan.

    

    (j) Transfer
      and Assignment.
      JPMorgan may transfer or assign its rights and obligations hereunder and under
      the Agreement, in whole or in part, at any time to any person or entity
      whatsoever without the consent of Issuer. If at any time at which the Equity
      Percentage exceeds 8%, JPMorgan, in its discretion, is unable to effect such
      a
      transfer or assignment after its commercially reasonable efforts on pricing
      terms reasonably acceptable to JPMorgan such that the Equity Percentage is
      reduced to 8% or less, JPMorgan may designate any Scheduled Trading Day as
      an
      Early Termination Date with respect to a portion (the “Terminated
      Portion”)
      of the
      Transaction, such that the Equity Percentage following such partial termination
      will be equal to or less than 8%. In the event that JPMorgan so designates
      an
      Early Termination Date with respect to a portion of the Transaction, a payment
      or delivery shall be made pursuant to Section 6 of the Agreement and Section
      8(b) of this Confirmation as if (i) an Early Termination Date had been
      designated in respect of a Transaction having terms identical to the Terminated
      Portion of the Transaction, (ii) Issuer shall be the sole Affected Party with
      respect to such partial termination and (iii) such portion of the Transaction
      shall be the only Terminated Transaction. The “Equity
      Percentage”
as
      of
      any day is the fraction, expressed as a percentage, (A) the numerator of which
      is the sum of (x) the number of Shares that JPMorgan or any of its affiliates
      beneficially own (within the meaning of Section 13 of the Exchange Act) on
      such
      day, other than any Shares so owned as a hedge of the Transaction, and (y)
      the
      product of the Number of Warrants and the Warrant Entitlement and (B) the
      denominator of which is the number of Shares outstanding on such
      day.

     

    (k)  Disclosure.
      Effective from the date of commencement of discussions concerning the
      Transaction, Issuer and each of its employees, representatives, or other agents
      may disclose to any and all persons, without limitation of any kind, the tax
      treatment and tax structure of the Transaction and all materials of any kind
      (including opinions or other tax analyses) that are provided to Issuer relating
      to such tax treatment and tax structure.

     

    (l)  Designation
      by JPMorgan.
      Notwithstanding any other provision in this Confirmation to the contrary
      requiring or allowing JPMorgan to purchase, sell, receive or deliver any Shares
      or other securities to or from Issuer, JPMorgan may designate any of its
      affiliates to purchase, sell, receive or deliver such shares or other securities
      and otherwise to perform JPMorgan obligations in respect of the Transaction
      and
      any such designee may assume such obligations. JPMorgan shall be discharged
      of
      its obligations to Issuer to the extent of any such performance.

     

    (m)  Netting
      and Set-off.
      

     

    (i) If
      on any
      date cash would otherwise be payable or Shares or other property would otherwise
      be deliverable hereunder or pursuant to the Agreement or pursuant to any other
      agreement between the parties by Issuer to JPMorgan and cash would otherwise
      be
      payable or Shares or other property would otherwise be deliverable hereunder
      or
      pursuant to the Agreement or pursuant to any other agreement between the parties
      by JPMorgan to Issuer and the type of property required to be paid or delivered
      by each such party on such date is the same, then, on such date, each such
      party’s obligation to make such payment or delivery will be automatically
      satisfied and discharged and, if the aggregate amount that would otherwise
      have
      been payable or deliverable by one such party exceeds the aggregate amount
      that
      would otherwise have been payable or deliverable by the other such party,
      replaced by an obligation of the party by whom the larger aggregate amount
      would
      have been payable or deliverable to pay or deliver to the other party the excess
      of the larger aggregate amount over the smaller aggregate amount.

     

    (ii) In
      addition to and without limiting any rights of set-off that a party hereto
      may
      have as a matter of law, pursuant to contract or otherwise, upon the occurrence
      of an Early Termination Date, JPMorgan shall have the right to terminate,
      liquidate and otherwise close out the Transaction and to set off any obligation
      or right that JPMorgan or any affiliate of JPMorgan may have to or against
      Issuer hereunder or under the Agreement against any right or obligation JPMorgan
      or any of its affiliates may have against or to Issuer, including without
      limitation any right to receive a payment or delivery pursuant to any provision
      of the Agreement or hereunder. In the case of a set-off of any obligation to
      release, deliver or pay assets against any right to receive assets of the same
      type, such obligation and right shall be set off in kind. In the case of a
      set-off of any obligation to release, deliver or pay assets against any right
      to
      receive assets of any other type, the value of each of such obligation and
      such
      right shall be determined by the Calculation Agent and the result of such
      set-off shall be that the net obligor shall pay or deliver to the other party
      an
      amount of cash or assets, at the net obligor’s option, with a value (determined,
      in the case of a delivery of assets, by the Calculation Agent) equal to that
      of
      the net obligation. In determining the value of any obligation to release or
      deliver Shares or any right to receive Shares, the value at any time of such
      obligation or right shall be determined by reference to the market value of
      the
      Shares at such time, as determined by the Calculation Agent. If an obligation
      or
      right is unascertained at the time of any such set-off, the Calculation Agent
      may in good faith estimate the amount or value of such obligation or right,
      in
      which case set-off will be effected in respect of that estimate, and the
      relevant party shall account to the other party at the time such obligation
      or
      right is ascertained.

     

    (iii) Notwithstanding
      any provision of the Agreement (including without limitation Section 6(f)
      thereof) and this Confirmation (including without limitation this Section 8(m))
      or any other agreement between the parties to the contrary, (A) Issuer shall
      not
      net or set off its obligations under the Transaction against its rights against
      JPMorgan under any other transaction or instrument; (B) JPMorgan may net and
      set
      off any rights of JPMorgan against Issuer arising under the Transaction only
      against obligations of JPMorgan to Issuer arising under any transaction or
      instrument if such transaction or instrument does not convey rights to JPMorgan
      senior to the claims of common stockholders in the event of Issuer’s bankruptcy;
      and (C) in the event of Issuer’s bankruptcy, JPMorgan waives any and all rights
      it may have to set-off in respect of the Transaction, whether arising under
      agreement, applicable law or otherwise. JPMorgan will give notice to Issuer
      of
      any netting or set off effected under this provision.

     

    (n)  Additional
      Termination Event.
      Notwithstanding anything to the contrary in this Confirmation, upon the
      occurrence of one of the following events, with respect to this Transaction,
      (1)
      JPMorgan shall have the right to designate such event an Additional Termination
      Event and designate an Early Termination Date pursuant to Section 6(b) of the
      Agreement, and (2) Issuer shall be deemed the sole Affected Party and the
      Transaction shall be deemed the sole Affected Transaction:

     

    (i) Issuer
      sells all or substantially all of its assets in a transaction pursuant to which
      the Shares are converted into cash, securities or other property.

     

    (ii) There
      is
      a default by Issuer or any subsidiary in the payment of the principal or
      interest on any mortgage, agreement or other instrument under which there may
      be
      outstanding, or by which there may be secured or evidenced any indebtedness
      for
      money borrowed in excess of $40.0 million in the aggregate of Issuer and/or
      any
      subsidiary, whether such indebtedness now exists or shall hereafter be created
      resulting in such indebtedness becoming or being declared due and payable,
      and
      such acceleration shall not have been rescinded or annulled within 10 days
      after
      written notice of such acceleration has been received by Issuer or such
      subsidiary.

     

    (iii) Any
      “person” or “group” within the meaning of Section 13(d) of the Exchange Act
      other than the Issuer, any of its subsidiaries or its employee benefit plans,
      files a Schedule TO or any schedule, form or report under the Exchange Act
      disclosing that such person or group has become the direct or indirect
“beneficial owner”, as defined in Rule 13d-3 under the Exchange Act, of the
      common equity of the Issuer representing more than 50% of the voting power
      of
      such common equity entitled to vote generally in the election of
      directors.

     

    (iv) If
      JPMorgan reasonably determines that it is advisable to terminate all or a
      portion of the Transaction so that JPMorgan’s related hedging activities will
      comply with applicable securities laws, rules or regulations.

     

    (o)  Effectiveness.
      If,
      prior to the Effective Date, JPMorgan reasonably determines that it is advisable
      to cancel the Transaction because of concerns that JPMorgan's related hedging
      activities could be viewed as not complying with applicable securities laws,
      rules or regulations, the Transaction shall be cancelled and shall not become
      effective, and (i) neither party shall have any rights with respect to or
      obligation to the other party in respect of the Transaction
      and (ii)
      each party shall be released and discharged by the other party from and agrees
      not to make any claim against the other party with respect to any obligations
      or
      liabilities of the other party arising out of and to be performed in connection
      with the Transaction either prior to or after the date of such
      termination.

     

    (p)  Role of
      Agent. Each
      party agrees and acknowledges that (i) J.P. Morgan Securities Inc., an affiliate
      of JPMorgan (“JPMSI”),
      has
      acted solely as agent and not as principal with respect to this Transaction
      and
      (ii) JPMSI has no obligation or liability, by way of guaranty, endorsement
      or
      otherwise, in any manner in respect of this Transaction (including, if
      applicable, in respect of the settlement thereof). Each party agrees it will
      look solely to the other party (or any guarantor in respect thereof) for
      performance of such other party’s obligations under this
      Transaction.

     

    (q)  Waiver
      of Trial by Jury.
      EACH
      OF ISSUER AND BUYER HEREBY IRREVOCABLY WAIVES (ON ITS OWN BEHALF AND, TO THE
      EXTENT PERMITTED BY APPLICABLE LAW, ON BEHALF OF ITS STOCKHOLDERS) ALL RIGHT
      TO
      TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON
      CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR RELATING TO THE TRANSACTION
      OR
      THE ACTIONS OF BUYER OR ITS AFFILIATES IN THE NEGOTIATION, PERFORMANCE OR
      ENFORCEMENT HEREOF.

     

    (r)  Governing
      Law.
      THIS
      CONFIRMATION SHALL BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. THE PARTIES
      HERETO IRREVOCABLY SUBMIT TO THE EXCLUSIVE JURISDICTION OF THE COURTS OF THE
      STATE OF NEW YORK AND THE UNITED STATES COURT FOR THE SOUTHERN DISTRICT OF
      NEW
      YORK IN CONNECTION WITH ALL MATTERS RELATING HERETO AND WAIVE ANY OBJECTION
      TO
      THE LAYING OF VENUE IN, AND ANY CLAIM OF INCONVENIENT FORUM WITH RESPECT TO,
      THESE COURTS.

     

    

     

    

     

    

     

    Please
      confirm that the foregoing correctly sets forth the terms of our agreement
      by
      executing this Confirmation and returning it to EDG Confirmation Group, J.P.
      Morgan Securities Inc., 277 Park Avenue, 11th Floor, New York, NY 10172-3401,
      or
      by fax to (212)
      622 8519.

     

    
      	 
	
              Yours
                faithfully,

               

            
	
              J.P.
                Morgan Securities Inc., as agent for JPMorgan Chase Bank, National
                Association

            
	 
	 
	
              By:
                _________________________

            
	
              Authorized
                Signatory

            
	
              Name:

            

    

     

     

    
      	
              Agreed
                and Accepted By:

               

            
	
              CHARMING
                SHOPPES, INC.

               

            
	 
	
              By:___________________________________

            
	
              Name:

            
	
              Title:

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Annex
      A

    

    For
      each
      Component of the Transaction, the Number of Warrants and Expiration Date is
      set
      forth below.

    

    
      	
              Component
                Number

            	
              Expiration
                Date

            	
              Number
                of Warrants

            
	
              1

            	
              July
                30, 2014

            	
              42,671

            
	
              2

            	
              July
                31, 2014

            	
              42,671

            
	
              3

            	
              August
                1, 2014

            	
              42,671

            
	
              4

            	
              August
                4, 2014

            	
              42,671

            
	
              5

            	
              August
                5, 2014

            	
              42,671

            
	
              6

            	
              August
                6, 2014

            	
              42,671

            
	
              7

            	
              August
                7, 2014

            	
              42,671

            
	
              8

            	
              August
                8, 2014

            	
              42,671

            
	
              9

            	
              August
                11, 2014

            	
              42,671

            
	
              10

            	
              August
                12, 2014

            	
              42,671

            
	
              11

            	
              August
                13, 2014

            	
              42,671

            
	
              12

            	
              August
                14, 2014

            	
              42,671

            
	
              13

            	
              August
                15, 2014

            	
              42,671

            
	
              14

            	
              August
                18, 2014

            	
              42,671

            
	
              15

            	
              August
                19, 2014

            	
              42,671

            
	
              16

            	
              August
                20, 2014

            	
              42,671

            
	
              17

            	
              August
                21, 2014

            	
              42,671

            
	
              18

            	
              August
                22, 2014

            	
              42,671

            
	
              19

            	
              August
                25, 2014

            	
              42,671

            
	
              20

            	
              August
                26, 2014

            	
              42,671

            
	
              21

            	
              August
                27, 2014

            	
              42,671

            
	
              22

            	
              August
                28, 2014

            	
              42,671

            
	
              23

            	
              August
                29, 2014

            	
              42,671

            
	
              24

            	
              September
                2, 2014

            	
              42,671

            
	
              25

            	
              September
                3, 2014

            	
              42,671

            
	
              26

            	
              September
                4, 2014

            	
              42,671

            
	
              27

            	
              September
                5, 2014

            	
              42,671

            
	
              28

            	
              September
                8, 2014

            	
              42,671

            
	
              29

            	
              September
                9, 2014

            	
              42,671

            
	
              30

            	
              September
                10, 2014

            	
              42,671

            
	
              31

            	
              September
                11, 2014

            	
              42,671

            
	
              32

            	
              September
                12, 2014

            	
              42,671

            
	
              33

            	
              September
                15, 2014

            	
              42,671

            
	
              34

            	
              September
                16, 2014

            	
              42,671

            
	
              35

            	
              September
                17, 2014

            	
              42,671

            
	
              36

            	
              September
                18, 2014

            	
              42,671

            
	
              37

            	
              September
                19, 2014

            	
              42,671

            
	
              38

            	
              September
                22, 2014

            	
              42,671

            
	
              39

            	
              September
                23, 2014

            	
              42,671

            
	
              40

            	
              September
                24, 2014

            	
              42,671

            
	
              41

            	
              September
                25, 2014

            	
              42,671

            
	
              42

            	
              September
                26, 2014

            	
              42,671

            
	
              43

            	
              September
                29, 2014

            	
              42,671

            
	
              44

            	
              September
                30, 2014

            	
              42,671

            
	
              45

            	
              October
                1, 2014

            	
              42,671

            
	
              46

            	
              October
                2, 2014

            	
              42,671

            
	
              47

            	
              October
                3, 2014

            	
              42,671

            
	
              48

            	
              October
                6, 2014

            	
              42,671

            
	
              49

            	
              October
                7, 2014

            	
              42,671

            
	
              50

            	
              October
                8, 2014

            	
              42,671

            
	
              51

            	
              October
                9, 2014

            	
              42,671

            
	
              52

            	
              October
                10, 2014

            	
              42,671

            
	
              53

            	
              October
                13, 2014

            	
              42,671

            
	
              54

            	
              October
                14, 2014

            	
              42,671

            
	
              55

            	
              October
                15, 2014

            	
              42,671

            
	
              56

            	
              October
                16, 2014

            	
              42,671

            
	
              57

            	
              October
                17, 2014

            	
              42,671

            
	
              58

            	
              October
                20, 2014

            	
              42,671

            
	
              59

            	
              October
                21, 2014

            	
              42,671

            
	
              60

            	
              October
                22, 2014

            	
              42,671

            
	
              61

            	
              October
                23, 2014

            	
              42,671

            
	
              62

            	
              October
                24, 2014

            	
              42,671

            
	
              63

            	
              October
                27, 2014

            	
              42,671

            
	
              64

            	
              October
                28, 2014

            	
              42,671

            
	
              65

            	
              October
                29, 2014

            	
              42,671

            
	
              66

            	
              October
                30, 2014

            	
              42,671

            
	
              67

            	
              October
                31, 2014

            	
              42,671

            
	
              68

            	
              November
                3, 2014

            	
              42,671

            
	
              69

            	
              November
                4, 2014

            	
              42,671

            
	
              70

            	
              November
                5, 2014

            	
              42,671

            
	
              71

            	
              November
                6, 2014

            	
              42,671

            
	
              72

            	
              November
                7, 2014

            	
              42,671

            
	
              73

            	
              November
                10, 2014

            	
              42,671

            
	
              74

            	
              November
                11, 2014

            	
              42,671

            
	
              75

            	
              November
                12, 2014

            	
              42,671

            
	
              76

            	
              November
                13, 2014

            	
              42,671

            
	
              77

            	
              November
                14, 2014

            	
              42,671

            
	
              78

            	
              November
                17, 2014

            	
              42,671

            
	
              79

            	
              November
                18, 2014

            	
              42,671

            
	
              80

            	
              November
                19, 2014

            	
              42,671

            
	
              81

            	
              November
                20, 2014

            	
              42,671

            
	
              82

            	
              November
                21, 2014

            	
              42,671

            
	
              83

            	
              November
                24, 2014

            	
              42,671

            
	
              84

            	
              November
                25, 2014

            	
              42,671

            
	
              85

            	
              November
                26, 2014

            	
              42,671

            
	
              86

            	
              November
                28, 2014

            	
              42,671

            
	
              87

            	
              December
                1, 2014

            	
              42,671

            
	
              88

            	
              December
                2, 2014

            	
              42,671

            
	
              89

            	
              December
                3, 2014

            	
              42,671

            
	
              90

            	
              December
                4, 2014

            	
              42,671

            
	
              91

            	
              December
                5, 2014

            	
              42,671

            
	
              92

            	
              December
                8, 2014

            	
              42,671

            
	
              93

            	
              December
                9, 2014

            	
              42,671

            
	
              94

            	
              December
                10, 2014

            	
              42,671

            
	
              95

            	
              December
                11, 2014

            	
              42,671

            
	
              96

            	
              December
                12, 2014

            	
              42,671

            
	
              97

            	
              December
                15, 2014

            	
              42,671

            
	
              98

            	
              December
                16, 2014

            	
              42,671

            
	
              99

            	
              December
                17, 2014

            	
              42,671

            
	
              100

            	
              December
                18, 2014

            	
              42,725

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}]]