Document:

Exhibit 10.18

 

STOCK OPTION AGREEMENT

 

(Nonqualified Stock Option)

 

	
Name   of Employee:
    	
 
    
	
 
    	
 
    
	
Date   of Grant:
    	
 
    
	
 
    	
 
    
	
Number   of Shares:
    	
 
    
	
 
    	
 
    
	
Exercise   Price Per Share:
    	
$
    

 

This STOCK OPTION AGREEMENT (the “Agreement”) made as of                      between Christopher & Banks Corporation (the “Company”) and the above-named individual, an employee of the Company or one of its subsidiaries (the “Employee”), to record the granting of an option pursuant to the Company’s 2005 Stock Incentive Plan (the “Plan”).  Except as otherwise defined herein, capitalized terms contained in this Agreement shall have the same meaning as set forth in the Plan.

 

1.             Grant of Option:  In accordance with Plan, the Company hereby grants to the Employee, effective as of the date of grant listed above, subject to the terms and conditions of the Plan and this Agreement, the option to purchase from the Company an aggregate of                      shares of common stock ($.01 par value) of the Company (the “Common Stock”) at the purchase price of $                     per share, such option to be exercisable as hereinafter provided.

 

2.             Expiration Date:  This option shall expire on                      (the “Expiration Date”).

 

3.             Exercise of Option:  Subject to Section 8 hereof, this option shall become exercisable with respect to                      shares of Common Stock on the first anniversary of the date of grant of this option (                    ), with respect to an additional                      shares on the second anniversary of the date of grant, and with respect to the remaining                      shares on the third anniversary of the date of grant.

 

This option may be partially exercised from time to time within such percentage limitations.  This option may not be exercised after the Expiration Date.  Notwithstanding the foregoing, this option shall not be exercisable for a fractional share of Common Stock.  Any exercise of this option shall be made in writing duly executed and delivered to the Company specifying the number of shares as to which the option is being exercised in the form of the Subscription Form for Exercise attached hereto.  Schedule I of this Agreement shall be made available to the Company at the time of exercise for notation of any partial exercise.  Notwithstanding the vesting schedule set forth in the first paragraph of this Section 3, effective 

 

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immediately prior to a Change in Control (as such term is defined in Section 10 of  the Plan), this option, to the extent it shall not otherwise have become vested and exercisable, shall automatically become fully and immediately vested and exercisable.

 

4.             Payment of Option Price:  On the date of any exercise of this option, the purchase price of the shares as to which this option is being exercised shall be due and payable and shall be made (i) in cash or by cash equivalent acceptable to the Committee; (ii) by delivery of shares of Common Stock held by the Employee for more than six (6) months (or such period as the Committee may deem appropriate, for accounting purposes or otherwise) and registered in the name of the Employee, duly assigned to the Company with the assignment guaranteed by a bank, trust company or member firm of the New York Stock Exchange, and with all necessary transfer tax stamps affixed, any such shares so delivered to be deemed to have a value per share equal to the Fair Market Value of the shares on such date; (iii) through an open-market, broker-assisted sales transaction pursuant to which the Company is promptly delivered the amount of proceeds necessary to satisfy the exercise price; or (iv) by a combination of the methods described above, as determined by the Committee.

 

5.             Option Nontransferable:  This option is not transferable otherwise than by will or the laws of descent or distribution and is exercisable during the Employee’s lifetime only by the Employee or his or her guardian or legal representative.

 

6.             Rights as a Shareholder:  The Employee shall have no rights as a shareholder with respect to any of the shares covered by this option until the date of issuance to the Employee of a stock certificate for such shares, and no adjustment shall be made for any dividends or other rights if the record date of such dividends or other rights is prior to the date such stock certificate is issued.

 

7.             General Restrictions:  The Company will not be obligated to issue shares of Common Stock covered by this option if counsel to the Company determines that such issuance would violate any law or regulation of any governmental authority or any agreement between the Company and the New York Stock Exchange or any national securities exchange upon which the Common Stock is quoted or listed. In connection with any issuance or transfer, the person acquiring the shares shall, if requested by the Company, give assurances satisfactory to counsel to the Company regarding such matters as the Company may deem desirable to assure compliance with all legal requirements. This option shall be subject to the requirement that if at any time the Committee shall determine, in its discretion, that the listing, registration or qualification of the shares subject to this option upon the New York Stock Exchange, any securities exchange or under any state or federal law, or that the consent or approval of any government regulatory body, is necessary or desirable as a condition of, or in connection with, this option or the issue or purchase of shares under this option, this option shall be subject to the condition that such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Committee.

 

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8.             Termination of Employment:

 

(1)           The option granted pursuant to this Agreement shall terminate immediately upon the termination of the Employee’s employment by the Company or any subsidiary for “cause” as that term is defined in the Plan unless the Employee is a party to an employment (or similar) agreement with the Company or any subsidiary that defines the word “cause,” in which case such definition shall apply for purposes of this Agreement.  If the Employee’s employment is terminated as a result of the Employee’s permanent and total disability (within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986, as amended) or death, the option granted pursuant to this Agreement may be exercised by the Employee’s legal representative, heir or devisee, as appropriate within one year from the date of disability or death.  If the Employee’s employment is terminated for any reason other than cause, permanent and total disability or death, such option may be exercised within ninety (90) days following the date of termination.  Notwithstanding the preceding sentence, the Company may terminate and cancel such option during the ninety (90) day period referred to in the preceding sentence if the Company’s Board of Directors or the Committee has determined that the Employee has, before or after the termination of employment, materially breached the terms of any agreement with the Company including any employment, confidentiality, or noncompete agreement, violated in a material way any Company policy or engaged in any other act that can be reasonably expected to cause substantial economic or reputational injury to the Company.  Notwithstanding the foregoing, (i) the option granted pursuant to this Agreement shall not be exercisable after the expiration date of such option and (ii) such option (or any portion thereof) which is not exercisable on the date of termination of employment shall not be exercisable thereafter without the consent of the Committee.

 

(2)           Nothing contained in this Section shall be interpreted or have the effect of extending the period during which an option may be exercised beyond the terms or the Expiration Date provided in this Agreement or established by law or regulation. Death of the Employee subsequent to termination shall not extend such periods. Whether leave of absence shall constitute a termination of employment for purposes of this Agreement shall be determined by the Committee in its sole discretion, and in the event the Committee has so determined, the Committee shall provide written notice of its determination to the Employee.

 

9.             Adjustment of Shares:

 

(1)           In the event there is any recapitalization in the form of a stock dividend, distribution, split, subdivision or combination of shares of Common Stock of the Company, resulting in an increase or decease in the number of shares of Common Stock outstanding, the number of shares of Common Stock covered by this option and the exercise price per share under this option shall be increased or decreased proportionately, as the case may be, without change in the aggregate exercise price.

 

(2)           If, pursuant to any reorganization, sale or exchange of assets, consolidation or merger, outstanding Common Stock of the Company is or would be exchanged for other securities of the Company or of another corporation which is a party to such transaction, or for property, this option shall apply to the securities or property into which the 

 

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Common Stock covered hereby would have been changed or for which such Common Stock would have been exchanged had such Common Stock been outstanding at the time.

 

10.           No Employment Rights:  Neither the Plan nor this option shall confer upon the Employee any right with respect to continuance of employment by the Company or any subsidiary nor shall they interfere in any way with the right of the Company or any subsidiary by which the Employee is employed to terminate the employment of the Employee at any time, with or without cause.

 

11.           Plan Controls:  The Employee hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all of the terms and provisions thereof including any which may conflict with those contained in this Agreement. The Plan is hereby incorporated by reference into this Agreement, and this Agreement is subject in all respect to the terms and conditions of the Plan. In the event of any conflict between this Agreement and the Plan, the terms of the Plan shall control.

 

12.           Notices:  All notices to the Company shall be in writing and sent by certified or registered mail, postage prepaid, to the General Counsel of the Company at the Company’s offices at 2400 Xenium Lane North, Plymouth, Minnesota 55441 or such other address as the Company shall from time to time notify the Employee in writing. All notices to the Employee shall be in writing and sent by certified or registered mail, postage prepaid, to the Employee at the address set forth on the signature page(s) hereof or such address as the Employee shall from time to time notify the Company in writing. All notices shall be deemed to have been given when mailed.

 

13.           Conflicts:  As a condition to the granting of the option contained herein, the Employee agrees that any dispute or disagreement with respect to the Plan, this Agreement or such option shall be determined by the Committee in its sole discretion, and that any interpretation by the Committee of the terms of this Agreement shall be final, binding and conclusive. In the event of the institution of any legal proceedings directed to the validity of the Plan, or to any option granted under the Plan, the Company may, in its discretion and without incurring any liability to the Employee terminate this Agreement and/or the option granted pursuant to this Agreement.

 

14.           Tax Matters:

 

(1)           Due to the complex nature of the tax laws, the Employee is urged to consult his or her personal tax advisor prior to exercising the option. The Company makes no warranties or representations whatsoever to the Employee regarding the tax consequences of this grant, the exercise of any options or any other matter.

 

(2)           In order to comply with all applicable federal or state income tax laws or regulations, the Company may take such action as it deems appropriate to ensure that all applicable federal or state payroll, withholding, income or other taxes, which are the sole and absolute responsibility of the Employee, are withheld or collected from the Employee.  In accordance with the terms of the Plan, and such rules as may be adopted by the Committee under 

 

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the Plan, the Employee may elect to satisfy the Employee’s federal and state income tax withholding obligations arising from the exercise of the option by (i) delivering cash, a check (bank check, certified check or personal check) or a money order payable to the Company on or before the option exercise date, (ii) having the Company withhold a portion of the shares of Common Stock otherwise to be delivered upon exercise of the option having a Fair Market Value equal to the amount of such taxes, (iii) delivering to the Company on or before the option exercise date shares of Common Stock already owned by the Employee having a Fair Market Value equal to the amount of such taxes, or (iv) a combination of the methods described above, as determined by the Committee.  The Company will not deliver any fractional share of Common Stock but will pay, in lieu thereof, the Fair Market Value of such fractional share.  The Employee’s election regarding satisfaction of federal and state income tax withholding obligations must be made on or before the option exercise date.

 

15.           Governing Law:  This Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware, without reference to the principles of conflicts of laws.

 

IN WITNESS WHEREOF, the Company and the Employee have caused this Agreement to be executed on the date set forth opposite the respective signatures.  It is further understood that the date of grant may differ from the date of signature.

 

 

	
Dated as of:
    	
 
    	
 
    	
Christopher &   Banks Corporation
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    
	
 
    	
Its:
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
Dated as of:
    	
 
    	
 
    	
Employee
    
	
 
    	
 
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Address:
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
						

 

5

 

 

 

 

SCHEDULE I

 

	
Date of
   Exercise
    	
 
    	
No. of Shares
   Purchased
    	
 
    	
Balance of
   Option Shares
    	
 
    	
Authorized
   Signature
    	
 
    	
Notation
   Date
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

 

 

SUBSCRIPTION FORM FOR EXERCISE

 

(To be executed by the holder desiring to

exercise the right to purchase shares

subject to the within option)

 

The undersigned hereby irrevocable elects to exercise the right to purchase represented by the within option for, and to purchase thereunder,                                shares of Common Stock, $.01 par value per share, of CHRISTOPHER & BANKS CORP., a Delaware corporation (the “Company”), as provided therein and herewith makes payment of the purchase price in full and requests that certificates for such securities be issued in the name of:

 

 

	
 
    	
 
    	
 
    
	
Name (Please print in block letters)
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
Street
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
City
    	
State
    	
Zip
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
(Please insert   Social Security or other identifying number)
    

 

 

and, if said number of shares shall not be all of the shares issuable thereunder, that any partial exercise of the within option shall be noted in Schedule I thereof which is delivered herewith.

 

 

	
Date:
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
SignatureExhibit 10.48

 

AMENDED AND RESTATED CREDIT AND SECURITY AGREEMENT

 

BY AND BETWEEN

 

 

CHRISTOPHER & BANKS COMPANY AND 
 CHRISTOPHER & BANKS SERVICES COMPANY,

 

CHRISTOPHER & BANKS, INC., 
 AND

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

Acting through its WELLS FARGO BUSINESS CREDIT operating division

 

Dated November 4, 2005

 

 

TABLE OF CONTENTS

 

	
ARTICLE I   — DEFINITIONS
    	
 
    	
1
    
	
 
    	
 
    	
 
    
	
Section 1.1
    	
 
    	
Definitions
    	
 
    	
1
    
	
Section 1.2
    	
 
    	
Other   Definitional Terms; Rules of Interpretation
    	
 
    	
9
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
ARTICLE II   — AMOUNT AND TERMS OF THE CREDIT FACILITY
    	
 
    	
9
    
	
 
    	
 
    	
 
    
	
Section 2.1
    	
 
    	
Revolving   Advances
    	
 
    	
9
    
	
Section 2.2
    	
 
    	
Procedures   for Requesting Advances
    	
 
    	
10
    
	
Section 2.3
    	
 
    	
Letters   of Credit
    	
 
    	
10
    
	
Section 2.4
    	
 
    	
Special   Account
    	
 
    	
11
    
	
Section 2.5
    	
 
    	
Interest;   Default Interest Rate; Application of Payments; Participations; Usury
    	
 
    	
11
    
	
Section 2.6
    	
 
    	
Fees
    	
 
    	
12
    
	
Section 2.7
    	
 
    	
Time   for Interest Payments; Payment on Non-Business Days; Computation of Interest   and Fees
    	
 
    	
14
    
	
Section 2.8
    	
 
    	
Lockbox   and Collateral Account; Sweep of Funds
    	
 
    	
15
    
	
Section 2.9
    	
 
    	
Voluntary   Prepayment; Reduction of the Maximum Line Amount; Termination of the Credit Facility   by the Borrower
    	
 
    	
15
    
	
Section 2.10
    	
 
    	
Mandatory   Prepayment
    	
 
    	
16
    
	
Section 2.11
    	
 
    	
Revolving   Advances to Pay Obligations
    	
 
    	
16
    
	
Section 2.12
    	
 
    	
Use   of Proceeds
    	
 
    	
16
    
	
Section 2.14
    	
 
    	
Liability   Records
    	
 
    	
16
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
ARTICLE III   — SECURITY INTEREST; OCCUPANCY; SETOFF
    	
 
    	
16
    
	
 
    	
 
    	
 
    
	
Section 3.1
    	
 
    	
Grant   of Security Interest
    	
 
    	
16
    
	
Section 3.2
    	
 
    	
Notification   of Account Debtors and Other Obligors
    	
 
    	
17
    
	
Section 3.3
    	
 
    	
Assignment   of Insurance
    	
 
    	
17
    
	
Section 3.4
    	
 
    	
Occupancy
    	
 
    	
17
    
	
Section 3.5
    	
 
    	
License
    	
 
    	
18
    
	
Section 3.6
    	
 
    	
Financing   Statement
    	
 
    	
18
    
	
Section 3.7
    	
 
    	
Setoff
    	
 
    	
19
    
	
Section 3.8
    	
 
    	
Collateral
    	
 
    	
19
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
ARTICLE IV   — CONDITIONS OF LENDING
    	
 
    	
19
    
	
 
    	
 
    	
 
    
	
Section 4.1
    	
 
    	
Conditions   Precedent to the Initial Advances and Letter of Credit
    	
 
    	
19
    
	
Section 4.2
    	
 
    	
Conditions   Precedent to All Advances and Letters of Credit
    	
 
    	
21
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
ARTICLE V   — REPRESENTATIONS AND WARRANTIES
    	
 
    	
22
    
	
 
    	
 
    	
 
    
	
Section 5.1
    	
 
    	
Existence   and Power; Name; Chief Executive Office; Inventory and Equipment Locations;   Federal Employer Identification Number and Organizational Identification   Number
    	
 
    	
22
    

 

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Section 5.2
    	
 
    	
Capitalization
    	
 
    	
22
    
	
Section 5.3
    	
 
    	
Authorization   of Borrowing; No Conflict as to Law or Agreements
    	
 
    	
22
    
	
Section 5.4
    	
 
    	
Legal   Agreements
    	
 
    	
22
    
	
Section 5.5
    	
 
    	
Subsidiaries
    	
 
    	
23
    
	
Section 5.6
    	
 
    	
Financial   Condition; No Adverse Change
    	
 
    	
23
    
	
Section 5.7
    	
 
    	
Litigation
    	
 
    	
23
    
	
Section 5.8
    	
 
    	
Regulation   U
    	
 
    	
23
    
	
Section 5.9
    	
 
    	
Taxes
    	
 
    	
23
    
	
Section 5.10
    	
 
    	
Titles   and Liens
    	
 
    	
23
    
	
Section 5.11
    	
 
    	
Intellectual   Property Rights
    	
 
    	
23
    
	
Section 5.12
    	
 
    	
Plans
    	
 
    	
24
    
	
Section 5.13
    	
 
    	
Default
    	
 
    	
24
    
	
Section 5.14
    	
 
    	
Environmental   Matters
    	
 
    	
24
    
	
Section 5.15
    	
 
    	
Submissions   to Lender
    	
 
    	
25
    
	
Section 5.16
    	
 
    	
Financing   Statements
    	
 
    	
25
    
	
Section 5.17
    	
 
    	
Rights   to Payment
    	
 
    	
25
    
	
 
    	
 
    	
 
    
	
ARTICLE VI   — COVENANTS
    	
 
    	
26
    
	
 
    	
 
    	
 
    
	
Section 6.1
    	
 
    	
Reporting   Requirements
    	
 
    	
26
    
	
Section 6.2
    	
 
    	
Financial   Covenants
    	
 
    	
28
    
	
Section 6.3
    	
 
    	
Permitted   Liens; Financing Statements
    	
 
    	
29
    
	
Section 6.4
    	
 
    	
Indebtedness
    	
 
    	
30
    
	
Section 6.5
    	
 
    	
Guaranties
    	
 
    	
30
    
	
Section 6.6
    	
 
    	
Investments   and Subsidiaries
    	
 
    	
31
    
	
Section 6.7
    	
 
    	
Dividends   and Distributions
    	
 
    	
31
    
	
Section 6.8
    	
 
    	
Books   and Records; Collateral Examination; Inspection and Appraisals
    	
 
    	
31
    
	
Section 6.9
    	
 
    	
Account   Verification
    	
 
    	
32
    
	
Section 6.10
    	
 
    	
Compliance   with Laws
    	
 
    	
32
    
	
Section 6.11
    	
 
    	
Payment   of Taxes and Other Claims
    	
 
    	
33
    
	
Section 6.12
    	
 
    	
Maintenance   of Properties
    	
 
    	
33
    
	
Section 6.13
    	
 
    	
Insurance
    	
 
    	
33
    
	
Section 6.14
    	
 
    	
Preservation   of Existence
    	
 
    	
34
    
	
Section 6.15
    	
 
    	
Delivery   of Instruments, etc.
    	
 
    	
34
    
	
Section 6.16
    	
 
    	
Sale   or Transfer of Assets; Suspension of Business Operations
    	
 
    	
34
    
	
Section 6.17
    	
 
    	
Consolidation   and Merger; Asset Acquisitions
    	
 
    	
34
    
	
Section 6.18
    	
 
    	
Sale   and Leaseback
    	
 
    	
35
    
	
Section 6.19
    	
 
    	
Restrictions   on Nature of Business
    	
 
    	
35
    
	
Section 6.20
    	
 
    	
Accounting
    	
 
    	
36
    
	
Section 6.21
    	
 
    	
Plans
    	
 
    	
36
    
	
Section 6.22
    	
 
    	
Place   of Business; Name
    	
 
    	
36
    
	
Section 6.23
    	
 
    	
Constituent   Documents; S Corporation Status
    	
 
    	
36
    
	
Section 6.24
    	
 
    	
Performance   by the Lender
    	
 
    	
36
    

 

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ARTICLE VII   — EVENTS OF DEFAULT, RIGHTS AND REMEDIES
    	
 
    	
38
    
	
 
    	
 
    	
 
    
	
Section 7.1
    	
 
    	
Events   of Default
    	
 
    	
37
    
	
Section 7.2
    	
 
    	
Rights   and Remedies
    	
 
    	
39
    
	
Section 7.3
    	
 
    	
Certain   Notices
    	
 
    	
40
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
ARTICLE VIII   — MISCELLANEOUS
    	
 
    	
40
    
	
 
    	
 
    	
 
    
	
Section 8.1
    	
 
    	
No   Waiver; Cumulative Remedies; Compliance with Laws
    	
 
    	
40
    
	
Section 8.2
    	
 
    	
Amendments, Etc.
    	
 
    	
40
    
	
Section 8.3
    	
 
    	
Notices;   Communication of Confidential Information; Requests for Accounting
    	
 
    	
40
    
	
Section 8.4
    	
 
    	
Further   Documents
    	
 
    	
41
    
	
Section 8.5
    	
 
    	
Costs   and Expenses
    	
 
    	
41
    
	
Section 8.6
    	
 
    	
Indemnity
    	
 
    	
41
    
	
Section 8.7
    	
 
    	
Participants
    	
 
    	
42
    
	
Section 8.8
    	
 
    	
Execution   in Counterparts; Telefacsimile Execution
    	
 
    	
42
    
	
Section 8.9
    	
 
    	
Retention   of Borrower’s Records
    	
 
    	
42
    
	
Section 8.10
    	
 
    	
Binding   Effect; Assignment; Complete Agreement; Sharing Information
    	
 
    	
42
    
	
Section 8.11
    	
 
    	
Severability   of Provisions
    	
 
    	
43
    
	
Section 8.12
    	
 
    	
Headings
    	
 
    	
43
    
	
Section 8.13
    	
 
    	
Governing   Law; Jurisdiction, Venue; Waiver of Jury Trial
    	
 
    	
43
    
	
Section 8.14
    	
 
    	
Confidentiality
    	
 
    	
43
    

 

iii

 

AMENDED AND RESTATED CREDIT AND SECURITY AGREEMENT

 

Dated as of November 4, 2005

 

Christopher & Banks, Inc., Christopher & Banks Company and Christopher & Banks Services Company, each a Minnesota corporation (jointly and severally, the “Borrower” and each a “Borrower” as the context requires), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Lender”) entered into that certain Amended and Restated Revolving Credit and Security Agreement dated March 15, 1999 (the “1999 Credit Agreement”).  The Borrower and the Lender, through its WELLS FARGO BUSINESS CREDIT operating division, wish to extend the term of the 1999 Credit Agreement, increase the amount of the revolving credit commitment thereunder and make certain other changes in the terms and conditions under which the Lender provides to the Borrower the revolving credit commitment.  In order to accomplish the foregoing, the parties have agreed to execute and deliver this Amended and Restated Credit and Security Agreement.

 

The parties hereby agree as follows:

 

ARTICLE I
  DEFINITIONS

 

Section 1.1            Definitions.  Except as otherwise expressly provided in this Agreement, the following terms shall have the meanings given them in this Section:

 

“Accounts” shall have the meaning given it under the UCC.

 

“Advance” means a Revolving Advance.

 

“Affiliate” or “Affiliates” means Christopher & Banks, Inc., Christopher & Banks Company and Christopher & Banks Services Company, and any other Person controlled by, controlling or under common control with the Borrower, including any Subsidiary of the Borrower.  For purposes of this definition, “control,” when used with respect to any specified Person, means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise.

 

“Aggregate Outstanding” means the sum of the outstanding principal balance of the Revolving Note and the L/C Amount.”

 

“Agreement” means this Amended and Restated Credit and Security Agreement.

 

“Availability” means the amount, if any, by which the Borrowing Base exceeds the sum of (i) the outstanding principal balance of the Revolving Note and (ii) the L/C Amount.

 

“Borrowing Base” means at any time the lesser of:

 

(a)           The Maximum Line Amount; or

 

 

(b)           Subject to change from time to time in the Lender’s sole discretion with prior written or telefacsimile notice to the Borrower, the sum of

 

(i)            either (A) between June 1 and August 31 in any year, and so long as there are no outstanding Advances, 80% of Eligible Inventory, or (B) at all other times, 70% of Eligible Inventory; plus

 

(ii)           50% of Eligible In-Transit Inventory; less

 

(iii)          Obligations that the Borrower owes to the Lender that have not yet been advanced on the Revolving Note, and the dollar amount that the Lender in its discretion believes are a reasonable determination of the Borrower’s credit exposure with respect to Wells Fargo Affiliate Obligations.

 

“Business Day” means a day on which the Federal Reserve Bank of New York is open for business.

 

“Capital Expenditures” means for a period, any expenditure of money during such period for the purchase or construction of assets, or for improvements or additions thereto, which are capitalized on the Borrower’s balance sheet.

 

“Cash Flow” means, for any period of determination, Net Income, plus depreciation and amortization, plus any Interest Expense that is accrued but not paid currently, minus Capital Expenditures to the extent such Capital Expenditures are paid in cash, minus all scheduled repayment of principal on Debt (whether or not actually paid), minus all funds expended for the repurchase, redemption or retirement of the Guarantor’s issued and outstanding capital stock to the extent permitted hereunder, minus cash stock dividends, all as determined in accordance with GAAP on a consolidated basis.

 

“Collateral” means all of the Borrower’s Equipment, General Intangibles, Inventory, letter-of-credit rights, letters of credit, all sums on deposit in any Collateral Account, and any items in any Lockbox; together with (i) all substitutions and replacements for and products of any of the foregoing; (ii) in the case of all goods, all accessions; (iii) all accessories, attachments, parts, equipment and repairs now or hereafter attached or affixed to or used in connection with any goods; (iv) all warehouse receipts, bills of lading and other documents of title now or hereafter covering such goods; (v) all collateral subject to the Lien of any Security Document; (vi) all sums on deposit in the Special Account; (vii) proceeds of any and all of the foregoing; and (viii) all of the foregoing, whether now owned or existing or hereafter acquired or arising or in which the Borrower now has or hereafter acquires any rights.

 

“Collateral Account” means the “Lender Account” as defined in the Wholesale Lockbox and Collection Account Agreement.

 

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“Commercial Letter of Credit Agreement” means an agreement governing the issuance of documentary letters of credit by the Lender, entered into between the Borrower as applicant and the Lender as issuer.

 

“Commitment” means the Lender’s commitment to make Advances to  and to issue Letters of Credit for the account of,  the Borrower.

 

“Constituent Documents” means with respect to any Person, as applicable, such Person’s certificate of incorporation, articles of incorporation, by-laws, certificate of formation, articles of organization, limited liability company agreement, management agreement, operating agreement, shareholder agreement, partnership agreement or similar document or agreement governing such Person’s existence, organization or management or concerning disposition of ownership interests of such Person or voting rights among such Person’s owners.

 

“Credit Facility” means the credit facility under which Revolving Advances and Letters of Credit may be made available to the Borrower by the Lender under Article II.

 

“Cut-off Time” means 1:00 p.m. Minneapolis, Minnesota  time.

 

“Debt” means of a Person as of a given date, all items of indebtedness or liability which in accordance with GAAP would be included in determining total liabilities as shown on the liabilities side of a balance sheet for such Person and shall also include the aggregate payments required to be made by such Person at any time under any lease that is considered a capitalized lease under GAAP.

 

“Default” means an event that, with giving of notice or passage of time or both, would constitute an Event of Default.

 

“Default Period” means any period of time beginning on the day a Default or Event of Default occurs and ending on the date identified by the Lender in writing as the date that such Default or Event of Default has been cured or waived.

 

“Default Rate” means an annual interest rate in effect during a Default Period or following the Termination Date, which interest rate shall be equal to two percent (2.0%) over the applicable Floating Rate, as such rate may change from time to time.

 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time.

 

“ERISA Affiliate” means any trade or business (whether or not incorporated) that is a member of a group which includes the Borrower and which is treated as a single employer under Section 414 of the IRC.

 

“Eligible In-Transit Inventory” means Eligible Inventory that is in-transit and backed by a documentary Letter of Credit issued by the Lender.

 

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“Eligible Inventory” means all Inventory of the Borrower, valued at the lower of cost or market in accordance with GAAP; but excluding any Inventory having any of the following characteristics:

 

(i)            Inventory that is: in-transit (except for Eligible In-Transit Inventory); located at any warehouse, job site or other premises not approved by the Lender in writing; not subject to a duly perfected first priority security interest in the Lender’s favor; subject to any lien or encumbrance that is subordinate to the Lender’s first priority security interest; covered by any negotiable or non-negotiable warehouse receipt, bill of lading or other document of title; on consignment from any Person; on consignment to any Person or subject to any bailment unless such consignee or bailee has executed an agreement with the Lender;

 

(ii)           Supplies, packaging, parts or sample Inventory, or customer supplied parts or Inventory;

 

(iii)          Work-in-process Inventory;

 

(iv)          Inventory that is damaged, defective, obsolete, slow moving (that is, over four months old), or not currently saleable in the normal course of the Borrower’s operations;

 

(v)           Inventory that the Borrower has returned, has attempted to return, is in the process of returning or intends to return to the vendor thereof;

 

(vi)          Inventory that is perishable or live;

 

(vii)         Inventory manufactured by the Borrower pursuant to a license unless the applicable licensor has agreed in writing to permit the Lender to exercise its rights and remedies against such Inventory;

 

(viii)        Inventory that is subject to a Lien in favor of any Person other than the Lender;

 

(ix)           Inventory otherwise deemed ineligible by the Lender in its sole discretion.

 

“Environmental Law” means any federal, state, local or other governmental statute, regulation, law or ordinance dealing with the protection of human health and the environment.

 

“Equipment” means all of the Borrower’s equipment, as such term is defined in the UCC, whether now owned or hereafter acquired, including all present and future machinery, vehicles, furniture, fixtures, manufacturing equipment, shop equipment, office and recordkeeping equipment, parts, tools, supplies, and including specifically the goods described in any equipment schedule or list herewith or hereafter furnished to the Lender by the Borrower.

 

“Event of Default” is defined in Section 7.1.

 

“Financial Covenants” means the covenants set forth in Section 6.2.

 

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“Floating Rate” means an annual interest rate equal to the sum of the Prime Rate plus one-quarter percent (0.25%), which interest rate shall change when and as the Prime Rate changes.

 

“Floating Rate Advance” means an Advance bearing interest at the Floating Rate.

 

“Funding Date” is defined in Section 2.1.

 

“GAAP” means generally accepted accounting principles, applied on a basis consistent with the accounting practices applied in the financial statements described in Section 5.6.

 

“General Intangibles” shall have the meaning given it under the UCC.

 

“Guarantor(s)” means Christopher & Banks Corporation  and any other Person now or in the future guaranteeing the Obligations.

 

“Guarantor Security Agreement” means the security agreement of even date executed by Guarantor in favor of the Lender.

 

“Guaranty” means each unconditional continuing guaranty or unconditional continuing guaranty by corporation executed by a Guarantor in favor of the Lender (collectively, the “Guaranties”)

 

“Hazardous Substances” means pollutants, contaminants, hazardous substances, hazardous wastes, petroleum and fractions thereof, and all other chemicals, wastes, substances and materials listed in, regulated by or identified in any Environmental Law.

 

“Indemnified Liabilities” is defined in Section 8.6

 

“Indemnitees” is defined in Section 8.6.

 

“Interest Expense” means, for the fiscal year-to-date period, the Borrower’s total gross interest expense during such period (excluding interest income), and shall in any event include, without limitation, (i) interest expensed (whether or not paid) on all Debt, (ii) the amortization of debt discounts, (iii) the amortization of all fees payable in connection with the incurrence of Debt to the extent included in interest expense, and (iv) the portion of any capitalized lease obligation allocable to interest expense.

 

“IRC” means the Internal Revenue Code of 1986, as amended from time to time.

 

“Infringement” or “Infringing” when used with respect to Intellectual Property Rights means any material infringement or other material violation of Intellectual Property Rights.

 

“Intellectual Property Rights” means all actual or prospective rights arising in connection with any intellectual property or other proprietary rights, including all rights arising in connection with copyrights, patents, service marks, trade dress, trade secrets, trademarks, trade names or mask works.

 

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“Interest Payment Date” is defined in Section 2.7(a).

 

“Inventory” shall have the meaning given it under the UCC.

 

“Inventory Turns Ratio” means, for any period, the product obtained by dividing the total net sales for the prior 12-month period by the average month-end retail value of all Inventory for the same 12-month period, all as determined in accordance with GAAP.

 

“L/C Amount” means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.

 

“L/C Application” means an application for the issuance of standby  or documentary  letters of credit pursuant to the terms of a Standby Letter of Credit Agreement or a Commercial Letter of Credit Agreement,  in form acceptable to the Lender.

 

“Letter of Credit” is defined in 2.3(a).

 

“Licensed Intellectual Property” is defined in Section 5.11(c) .

 

“Lien” means any security interest, mortgage, deed of trust, pledge, lien, charge, encumbrance, title retention agreement or analogous instrument or device, including the interest of each lessor under any capitalized lease and the interest of any bondsman under any payment or performance bond, in, of or on any assets or properties of a Person, whether now owned or subsequently acquired and whether arising by agreement or operation of law.

 

“Loan Documents” means this Agreement, the Revolving Note, the  Guaranty, any L/C Applications and  the Security Documents, together with every other agreement, note, document, contract or instrument to which the Borrower now or in the future may be a party and which is required by the Lender.

 

“Lockbox” means “Lockbox” as defined in the Wholesale Lockbox and Collection Account Agreement.

 

“Maturity Date” means June 30, 2008.

 

“Maximum Line Amount” means $50,000,000  unless this amount is reduced pursuant to Section 2.9, in which event it means such lower amount.

 

“Multiemployer Plan” means a multiemployer plan (as defined in Section 4001(a)(3) of ERISA) to which the Borrower or any ERISA Affiliate contributes or is obligated to contribute.

 

“Net Cash Proceeds” means in connection with any asset sale, the cash proceeds (including any cash payments received by way of deferred payment whether pursuant to a note, installment receivable or otherwise, but only as and when actually received) from such asset sale, net of (i) attorneys’ fees, accountants’ fees, investment banking fees, brokerage commissions and amounts required to be applied to the repayment of any portion of the Debt secured by a Lien not prohibited hereunder on the asset which is the subject of such sale, and (ii) taxes paid or reasonably estimated to be payable as a result of such asset sale.

 

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“Net Income” means fiscal year-to-date after-tax  net income from continuing operations,  but excluding  extraordinary gains, all as determined in accordance with GAAP.

 

“Obligation of Reimbursement” means the obligation of the Borrower to reimburse the Lender pursuant to the terms of the Standby Letter of Credit Agreement  or the Commercial Letter of Credit Agreement and any applicable L/C Application.

 

“Obligations” means the Revolving Note, the Obligation of Reimbursement and each and every other debt, liability and obligation of every type and description which the Borrower may now or at any time hereafter owe to the Lender, whether such debt, liability or obligation now exists or is hereafter created or incurred, whether it arises in a transaction involving the Lender alone or in a transaction involving other creditors of the Borrower, and whether it is direct or indirect, due or to become due, absolute or contingent, primary or secondary, liquidated or unliquidated, or sole, joint, several or joint and several, and including all indebtedness of the Borrower arising under any Loan Document or guaranty between the Borrower and the Lender, whether now in effect or subsequently entered into and all Wells Fargo Affiliate Obligations.

 

“Officer” means with respect to the Borrower, William J. Prange, Chief Executive Officer, Joseph E. Pennington, President and Chief Operating Officer and Andrew K. Moller, Chief Financial Officer, or their successors.

 

“OFAC” is defined in Section 6.10(c).

 

“Overadvance” means the amount, if any, by which the outstanding principal balance of the Revolving Note , plus the L/C Amount,  is in excess of the then-existing Borrowing Base.

 

“Owned Intellectual Property” is defined in Section 5.11(a).

 

“Owner” means with respect to the Borrower, each Person having legal or beneficial title to an ownership interest in the Borrower or a right to acquire such an interest.

 

“Pension Plan” means a pension plan (as defined in Section 3(2) of ERISA) maintained for employees of the Borrower or any ERISA Affiliate and covered by Title IV of ERISA.

 

“Permitted Lien” and “Permitted Liens” are defined in Section 6.3(a) .

 

“Person” means any individual, corporation, partnership, joint venture, limited liability company, association, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof.

 

“Plan” means an employee benefit plan (as defined in Section 3(3) of ERISA) maintained for employees of the Borrower or any ERISA Affiliate.

 

“Premises” means all locations where the Borrower conducts its business or has any rights of possession, including the locations legally described in Exhibit C attached hereto.

 

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“Prime Rate” means at any time the rate of interest most recently announced by the Lender at its principal office as its Prime Rate, with the understanding that the Prime Rate is one of the Lender’s base rates, and serves as the basis upon which effective rates of interest are calculated for those loans making reference thereto, and is evidenced by the recording thereof in such internal publication or publications as the Lender may designate.  Each change in the rate of interest shall become effective on the date each Prime Rate change is announced by the Lender.

 

“Reportable Event” means a reportable event (as defined in Section 4043 of ERISA), other than an event for which the 30-day notice requirement under ERISA has been waived in regulations issued by the Pension Benefit Guaranty Corporation.

 

“Revolving Advance” is defined in Section 2.1.

 

“Revolving Note” means the Borrower’s revolving promissory note, payable to the order of the Lender in substantially the form of Exhibit A hereto, as same may be renewed and amended from time to time, and all replacements thereto.

 

“Security Documents” means this Agreement, the Wholesale Lockbox and Collection Account Agreement, the Guarantor Security Agreement, and any other document delivered to the Lender from time to time to secure the Obligations.

 

“Security Interest” is defined in Section 3.1.

 

“Special Account” means a specified cash collateral account maintained with Lender or another financial institution acceptable to the Lender in connection with Letters of Credit, as contemplated by Section 2.4.

 

“Standby Letter of Credit Agreement” means an agreement governing the issuance of standby letters of credit by Lender entered into between the Borrower as applicant and Lender as issuer.

 

“Subsidiary” means any Person of which more than 50% of the outstanding ownership interests having general voting power under ordinary circumstances to elect a majority of the board of directors or the equivalent of such Person, regardless of whether or not at the time ownership interests of any other class or classes shall have or might have voting power by reason of the happening of any contingency, is at the time directly or indirectly owned by the Borrower, by the Borrower and one or more other Subsidiaries, or by one or more other Subsidiaries.

 

“Termination Date” means the earliest of (i) the Maturity Date, (ii) the date the Borrower terminates the Credit Facility, or (iii) the date the Lender demands payment of the Obligations, following an Event of Default, pursuant to Section 7.2.

 

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“UCC” means the Uniform Commercial Code in effect in the state designated in this Agreement as the state whose laws shall govern this Agreement, or in any other state whose laws are held to govern this Agreement or any portion of this Agreement.

 

“Wells Fargo Affiliate Obligations” means all obligations, liabilities, contingent reimbursement obligations, fees, and expenses owing by the Borrower or its Subsidiaries to any Person that is owned in material part by the Lender, and that relates to any service or facility extended to the Borrower or its Subsidiaries, including: (a) credit cards, (b) credit card processing services, (c) debit cards, and (d) purchase cards, as well as any other services or facilities from time to time specified by the Lender, whether direct or indirect, absolute or contingent, due or to become due, and whether existing now or in the future.

 

“Wholesale Lockbox and Collection Account Agreement” means the Wholesale Lockbox and Collection Account Agreement by and between the Borrower and the Lender dated the same date as this Agreement.

 

Section 1.2            Other Definitional Terms; Rules of Interpretation.  The words “hereof”, “herein” and “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement.  All accounting terms not otherwise defined herein have the meanings assigned to them in accordance with GAAP.  All terms defined in the UCC and not otherwise defined herein have the meanings assigned to them in the UCC.  References to Articles, Sections, subsections, Exhibits, Schedules and the like, are to Articles, Sections and subsections of, or Exhibits or Schedules attached to, this Agreement unless otherwise expressly provided.  The words “include”, “includes” and “including” shall be deemed to be followed by the phrase “without limitation”.  Unless the context in which used herein otherwise clearly requires, “or” has the inclusive meaning represented by the phrase “and/or”.  Defined terms include in the singular number the plural and in the plural number the singular.  Reference to any agreement (including the Loan Documents), document or instrument means such agreement, document or instrument as amended or modified and in effect from time to time in accordance with the terms thereof (and, if applicable, in accordance with the terms hereof and the other Loan Documents), except where otherwise explicitly provided, and reference to any promissory note includes any promissory note which is an extension or renewal thereof or a substitute or replacement therefor.  Reference to any law, rule, regulation, order, decree, requirement, policy, guideline, directive or interpretation means as amended, modified, codified, replaced or reenacted, in whole or in part, and in effect on the determination date, including rules and regulations promulgated thereunder.

 

ARTICLE II
  AMOUNT AND TERMS OF THE CREDIT FACILITY

 

Section 2.1            Revolving Advances.  The Lender agrees, subject to the terms and conditions of this Agreement, to make advances (“Revolving Advances”) to the Borrower from time to time from the date that all of the conditions set forth in 4.1 are satisfied (the “Funding Date”) to and until (but not including) the Termination Date in an amount not in excess of the Maximum Line Amount.  The Lender shall have no obligation to make a Revolving Advance to the extent that the amount of the requested Revolving Advance exceeds Availability.  The

 

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Borrower’s obligation to pay the Revolving Advances shall be evidenced by the Revolving Note and shall be secured by the Collateral.  Within the limits set forth in this Section 2.1, the Borrower may borrow, prepay pursuant to Section 2.9, and reborrow.

 

Section 2.2            Procedures for Requesting Advances.  The Borrower shall comply with the following procedures in requesting Revolving Advances:

 

(a)           Time for Requests.  The Borrower shall request each Advance not later than the Cut-off Time on the Business Day on which  the Advance is to be made.  Each request that conforms to the terms of this Agreement shall be effective upon receipt by the Lender, shall be in writing or by telephone or telecopy transmission, and shall be confirmed in writing by the Borrower if so requested by the Lender, by (i) an Officer of any Borrower; or (ii) a Person designated as any Borrower’s agent by an Officer of the Borrower in a writing delivered to the Lender; or (iii) a Person whom the Lender reasonably believes to be an Officer of any Borrower or such a designated agent.  The Borrower shall repay all Advances even if the Lender does not receive such confirmation and even if the Person requesting an Advance was not in fact authorized to do so.  Any request for an Advance, whether written or telephonic, shall be deemed to be a representation by the Borrower that the conditions set forth in Section 4.2 have been satisfied as of the time of the request.

 

(b)           Disbursement.  Upon fulfillment of the applicable conditions set forth in Article IV, the Lender shall disburse the proceeds of the requested Advance by crediting the same to the Borrower’s demand deposit account maintained with the Lender  unless the Lender and the Borrower shall agree in writing to another manner of disbursement.

 

Section 2.3            Letters of Credit.

 

(a)           The Lender agrees, subject to the terms and conditions of this Agreement, to issue, at any time after the Funding Date and prior to the Termination Date, one or more irrevocable standby or documentary letters of credit (each, a “Letter of Credit”) for the Borrower’s account.  The Lender will not issue any Letter of Credit if the face amount of the Letter of Credit to be issued would exceed Availability.

 

Each Letter of Credit, if any, shall be issued pursuant to a separate L/C Application made by the Borrower to the Lender, which must be completed in a manner satisfactory to the Lender.  The terms and conditions set forth in each such L/C Application shall supplement the terms and conditions of the Standby Letter of Credit Agreement  or the Commercial Letter of Credit Agreement, as applicable.

 

(b)           No Letter of Credit shall be issued with an expiration date later than one (1) year from the date of issuance or the Maturity Date in effect as of the date of issuance, whichever is earlier.

 

(c)           Any request for issuance of a Letter of Credit shall be deemed to be a representation by the Borrower that the conditions set forth in Section 4.2 have been satisfied as of the date of the request.

 

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(d)           If a draft is submitted under a Letter of Credit when the Borrower is unable, because a Default Period exists or for any other reason, to obtain a Revolving Advance to pay the Obligation of Reimbursement, the Borrower shall pay to the Lender on demand and in immediately available funds, the amount of the Obligation of Reimbursement together with interest, accrued from the date of the draft until payment in full at the Default Rate.  Notwithstanding the Borrower’s inability to obtain a Revolving Advance for any reason, the Lender is irrevocably authorized, in its sole discretion, to make a Revolving Advance in an amount sufficient to discharge the Obligation of Reimbursement and all accrued but unpaid interest thereon.

 

Section 2.4            Special Account.  If the Credit Facility is terminated for any reason while any Letter of Credit is outstanding, the Borrower shall thereupon pay the Lender in immediately available funds for deposit in the Special Account an amount equal to the L/C Amount plus any anticipated fees and costs.  If the Borrower fails to promptly make any such payment in the amount required hereunder, then the Lender may make a Revolving Advance against the Credit Facility in an amount sufficient to fulfill this obligation and deposit the proceeds to the Special Account.  The Special Account shall be an interest bearing account either maintained with the Lender or with a financial institution acceptable to the Lender.  Any interest earned on amounts deposited in the Special Account shall be credited to the Special Account.  The Lender may apply amounts on deposit in the Special Account at any time or from time to time to the Obligations in the Lender’s sole discretion.  The Borrower may not withdraw any amounts on deposit in the Special Account as long as the Lender maintains a security interest therein.  The Lender agrees to transfer any balance in the Special Account to the Borrower when the Lender is required to release its security interest in the Special Account under applicable law.

 

Section 2.5            Interest; Default Interest Rate; Application of Payments; Participations; Usury.

 

(a)           Interest.  Except as provided in Section 2.5(b) and Section 2.5(e), the principal amount of each Advance shall bear interest at the Floating Rate.

 

(b)           Default Interest Rate.  At any time during any Default Period, in the Lender’s sole discretion and without waiving any of its other rights or remedies, the principal of the Revolving Note shall bear interest at the Default Rate or such lesser rate as the Lender may determine, effective for any periods designated by the Lender from time-to-time during the Default Period.  The decision of the Lender to impose a rate that is less than the Default Rate or to not impose the Default Rate for the entire duration of the Default Period shall be made by the Lender in its sole discretion and shall not be a waiver of any of its other rights and remedies, including its right to retroactively impose the full Default Rate for the entirety of any such Default Period or following the Termination Date.

 

(c)           Application of Payments.  Payments shall be applied to the Obligations on the Business Day of receipt by the Lender in the Lender’s general account.

 

(d)           Participations.  If any Person shall acquire a participation in the Advances or the Obligation of Reimbursement, the Borrower shall be obligated to the Lender to pay the full amount of all interest calculated under this Section 2.5, along with all other fees, charges and

 

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other amounts due under this Agreement, regardless if such Person elects to accept interest with respect to its participation at a lower rate than that calculated under this Section 2.5, or otherwise elects to accept less than its prorata share of such fees, charges and other amounts due under this Agreement.

 

(e)           Usury.  In any event no rate change shall be put into effect that would result in a rate greater than the highest rate permitted by law.  Notwithstanding anything to the contrary contained in any Loan Document, all agreements which either now are or which shall become agreements between the Borrower and the Lender are hereby limited so that in no contingency or event whatsoever shall the total liability for payments in the nature of interest, additional interest and other charges exceed the applicable limits imposed by any applicable usury laws.  If any payments in the nature of interest, additional interest and other charges made under any Loan Document are held to be in excess of the limits imposed by any applicable usury laws, it is agreed that any such amount held to be in excess shall be considered payment of principal hereunder, and the indebtedness evidenced hereby shall be reduced by such amount so that the total liability for payments in the nature of interest, additional interest and other charges shall not exceed the applicable limits imposed by any applicable usury laws, in compliance with the desires of the Borrower and the Lender.  This provision shall never be superseded or waived and shall control every other provision of the Loan Documents and all agreements between the Borrower and the Lender, or their successors and assigns.

 

Section 2.6            Fees.

 

(a)           Facility Fees.  Borrower shall pay to Lender a fee (the “Facility Fees”) in an amount equal to one-quarter of one percent (0.25%) per annum of an amount equal to the average daily difference between the Aggregate Outstanding and Five Million Dollars ($5,000,000).  To the extent the Aggregate Outstanding exceeds Five Million Dollars ($5,000,000) but is less than Seven Million Five Hundred Thousand Dollars ($7,500,000), the Facility Fees shall be determined on the average daily difference between such Aggregate Outstanding and Seven Million Five Hundred Thousand Dollars ($7,500,000). To the extent the Aggregate Outstanding exceeds Seven Million Five Hundred Thousand Dollars ($7,500,000) but is less than Ten Million Dollars ($10,000,000), the Facility Fees shall be determined on the average daily difference between such Aggregate Outstanding and Ten Million Dollars ($10,000,000). To the extent the Aggregate Outstanding exceeds Ten Million Dollars ($10,000,000) but is less than Twelve Million Five Hundred Thousand Dollars ($12,500,000), the Facility Fees shall be determined on the average daily difference between such Aggregate Outstanding and Twelve Million Five Hundred Thousand Dollars ($12,500,000). To the extent the Aggregate Outstanding exceeds Twelve Million Five Hundred Thousand Dollars ($12,500,000) but is less than Fifteen Million Dollars ($15,000,000), the Facility Fees shall be determined on the average daily difference between such Aggregate Outstanding and Fifteen Million Dollars ($15,000,000). To the extent the Aggregate Outstanding exceeds Fifteen Million Dollars ($15,000,000) but is less than Eighteen Million Dollars ($18,000,000), the Facility Fees shall be determined on the average daily difference between such Aggregate Outstanding and Eighteen Million Dollars ($18,000,000). To the extent the Aggregate

 

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Outstanding exceeds Eighteen Million Dollars ($18,000,000) but is less than Twenty-One Million Five Hundred Thousand Dollars ($21,500,000), the Facility Fees shall be determined on the average daily difference between such Aggregate Outstanding and Twenty-One Million Five Hundred Thousand Dollars ($21,500,000). To the extent the Aggregate Outstanding exceeds Twenty-One Million Five Hundred Thousand Dollars ($21,500,000) but is less than Twenty-Five Million Dollars ($25,000,000), the Facility Fees shall be determined on the average daily difference between such Aggregate Outstanding and Twenty-Five Million ($25,000,000).  To the extent the Aggregate Outstanding exceeds Twenty- Five Million Dollars ($25,000,000) but is less than Thirty Million Dollars ($30,000,000), the Facility Fees shall be determined on the average daily difference between such Aggregate Outstanding and Thirty Million ($30,000,000).  To the extent the Aggregate Outstanding exceeds Thirty Million Dollars ($30,000,000) but is less than Thirty-Five Million Dollars ($35,000,000), the Facility Fees shall be determined on the average daily difference between such Aggregate Outstanding and Thirty-Five Million ($35,000,000).  To the extent the Aggregate Outstanding exceeds Thirty-Five Million Dollars ($35,000,000) but is less than Forty Million Dollars ($40,000,000), the Facility Fees shall be determined on the average daily difference between such Aggregate Outstanding and Forty Million ($40,000,000).  To the extent the Aggregate Outstanding exceeds Forty Million Dollars ($40,000,000) but is less than Forty-Five Million Dollars ($45,000,000), the Facility Fees shall be determined on the average daily difference between such Aggregate Outstanding and Forty-Five Million ($45,000,000).  To the extent the Aggregate Outstanding exceeds Forty-Five Million Dollars ($45,000,000) but is less than Fifty Million Dollars ($50,000,000), the Facility Fees shall be determined on the average daily difference between such Aggregate Outstanding and Fifty Million ($50,000,000).

 

Such fee shall be calculated monthly and paid in arrears commencing on the first Banking Day of the month immediately following execution of this Agreement and continuing on the first Banking Day of each month thereafter until Lender’s commitment to extend the Credit has terminated pursuant to Section 2.9 or Section 7.2(a).  Borrower hereby authorizes Lender to make an Advance, subject to Availability, in an amount equal to the Facility Fees then due and payable and apply the same to the Facility Fees due.

 

(b)           Collateral Monitoring Fees.  So long as no Event of Default has occurred and is continuing, Borrower shall pay to Lender a monthly collateral monitoring fee of Two Hundred Fifty Dollars ($250) (the “Collateral Monitoring Fee”).  The monthly Collateral Monitoring Fee shall be paid in arrears on the first Banking Day of each month until all of the Obligations have been paid in full in money and the Commitment has been terminated.  Borrower hereby authorized Lender to make an Advance, subject to Availability, in an amount equal to the Collateral Monitoring Fee then due and payable and apply the same to the Collateral Monitoring Fee due.

 

(c)           Standby Letter of Credit Fees.  The Borrower shall pay to the Lender a fee with respect to each standby Letter of Credit, if any, accruing on a daily basis and computed at an

 

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annual rate of two  and one-half  percent (2.5%) of the aggregate amount that may then be drawn, assuming compliance with all conditions for drawing (the “Aggregate Face Amount”), from and including the date of issuance of such standby Letter of Credit until such date as such standby Letter of Credit shall terminate by its terms or be returned to the Lender, due and payable monthly in arrears on the first day of each month and on the date that the standby Letter of Credit shall terminate by its terms or be returned to the Lender; provided, however, effective as of the first day of the fiscal quarter in which any Default Period begins through the last day of such Default Period, or any shorter time period that the Lender may determine, in the Lender’s sole discretion and without waiving any of its other rights and remedies, such fee shall increase to four and one-half percent (4.5%) of the Aggregate Face Amount.  The foregoing fee shall be in addition to any and all fees, commissions and charges imposed by Lender with respect to or in connection with such standby Letter of Credit.

 

(d)           Documentary Letter of Credit Fees.  The Borrower agrees to pay the Lender fees with respect to each documentary Letter of Credit in accordance with the negotiated fee schedule with respect to documentary Letters of Credit.

 

(e)           Letter of Credit Administrative Fees.  The Borrower shall pay all administrative fees charged by Lender in connection with the honoring of drafts under any Letter of Credit, amendments thereto, transfers thereof and all other activity with respect to the Letters of Credit at the then — current rates published by Lender for such services rendered on behalf of customers of Lender generally.

 

(f)            Other Fees and Charges; Payment of Fees.  The Lender may from time to time impose additional fees and charges as consideration for Advances made in excess of Availability or for other events that constitute an Event of Default or a Default hereunder, including fees and charges for the administration of Collateral by the Lender, which may be assessed in the Lender’s sole discretion on either an hourly, periodic, or flat fee basis, and in lieu of or in addition to imposing interest at the Default Rate.

 

Section 2.7            Time for Interest Payments; Payment on Non-Business Days; Computation of Interest and Fees.

 

(a)           Time For Interest Payments.  Accrued and unpaid interest  shall be due and payable on the first day of each month and on the Termination Date (each an “Interest Payment Date”), or if any such day is not a Business Day, on the next succeeding Business Day. Interest will accrue from the most recent date to which interest has been paid or, if no interest has been paid, from the date of advance to the Interest Payment Date.  If an Interest Payment Date is not a Business Day, payment shall be made on the next succeeding Business Day.

 

(b)           Payment on Non-Business Days.  Whenever any payment to be made hereunder shall be stated to be due on a day which is not a Business Day, such payment may be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of interest on the Advances or the fees hereunder, as the case may be.

 

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(c)           Computation of Interest and Fees.  Interest accruing on the outstanding principal balance of the Advances and fees hereunder outstanding from time to time shall be computed on the basis of actual number of days elapsed in a year of 360 days.

 

Section 2.8            Lockbox and Collateral Account; Sweep of Funds.

 

(a)           Lockbox and Collateral Account.

 

(i)            (A)  At any time Revolving Advances are outstanding, or (B) at any time that a Default or Event of Default has occurred and is continuing, or (C) at any time that the Lender notifies the Borrower in writing that Lender deems the Collateral to be insufficient to support the Obligations of the Borrower,  the Borrower shall deposit all checks, drafts, cash and other remittances in payment or as proceeds of, or on account of Collateral regardless of source or nature directly into the Collateral Account and, until so deposited, the Borrower shall hold all such payments and cash proceeds in trust for and as the property of the Lender and shall not commingle such property with any of its other funds or property.  All deposits in the Collateral Account shall constitute proceeds of Collateral and shall not constitute payment of the Obligations.

 

(ii)           All items deposited in the Collateral Account shall be subject to final payment.  If any such item is returned uncollected, the Borrower will immediately pay the Lender, or, for items deposited in the Collateral Account, the bank maintaining such account, the amount of that item, or such bank at its discretion may charge any uncollected item to the Borrower’s commercial account or other account.  The Borrower shall be liable as an endorser on all items deposited in the Collateral Account, whether or not in fact endorsed by the Borrower.

 

(b)           Sweep of Funds.  The Lender shall from time to time, in accordance with the Wholesale Lockbox and Collection Account Agreement, cause funds in the Collateral Account to be transferred to the Lender’s general account for payment of the Obligations.  Amounts deposited in the Collateral Account shall not be subject to withdrawal by the Borrower, except after payment in full and discharge of all Obligations.

 

Section 2.9            Voluntary Prepayment; Reduction of the Maximum Line Amount; Termination of the Credit Facility by the Borrower.  Except as otherwise provided herein, the Borrower may prepay the Advances and Obligation of Reimbursement in whole at any time or from time to time in part.  The Borrower may terminate the Credit Facility or reduce the Maximum Line Amount at any time if it  gives the Lender at least 45 days advance written notice prior to the proposed Termination Date.  Any reduction in the Maximum Line Amount shall be in multiples of $100,000   and with a minimum reduction of at least $500,000.   If the Borrower terminates the Credit Facility or reduces the Maximum Line Amount to zero, all Obligations shall be due and payable on the effective date of the termination as stated in Borrower’s notice, and if the Borrower gives the Lender less than the required 45 days advance written notice, then the interest rate applicable to borrowings evidenced by Revolving Note shall be the Default Rate for the period of time commencing 45 days prior to the proposed Termination Date through the date that the Lender actually receives such written notice.  If the Borrower does not wish the Lender to consider renewal of the Credit Facility on the next Maturity Date, then the Borrower

 

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shall give the Lender at least 45 days written notice prior to the Maturity Date that it will not be requesting renewal.  If the Borrower fails to give the Lender such timely notice, then the interest rate applicable to borrowings evidenced by the Revolving Note shall be the Default Rate for the period of time commencing 45 days prior to the Maturity Date through the date that the Lender actually receives such written notice.  Upon termination of the Credit Facility and payment and performance of all Obligations, the Lender shall release or terminate the Security Interest and the Security Documents.

 

Section 2.10         Mandatory Prepayment.  Without notice or demand, if the sum of the outstanding principal balance of the Revolving Advances  plus the L/C Amount  shall at any time exceed the Borrowing Base, the Borrower shall (i) first, immediately prepay the Revolving Advances to the extent necessary to eliminate such excess; and (ii) if prepayment in full of the Revolving Advances is insufficient to eliminate such excess, pay to the Lender in immediately available funds for deposit in the Special Account an amount equal to the remaining excess.  Any payment received by the Lender hereunder or under Section 2.9 may be applied to the Obligations, in such order and in such amounts as the Lender in its sole discretion may determine from time to time.

 

Section 2.11         Revolving Advances to Pay Obligations.  Notwithstanding the terms of Section 2.1, the Lender may, in its discretion at any time or from time to time, without the Borrower’s request and even if the conditions set forth in Section 4.2 would not be satisfied, make a Revolving Advance in an amount equal to the portion of the Obligations from time to time due and payable  and may deliver the proceeds of any such Revolving Advance to any affiliate of the Lender in satisfaction of any Wells Fargo Affiliate Obligations.

 

Section 2.12         Use of Proceeds.  The Borrower shall use the proceeds of Advances and each Letter of Credit for ordinary working capital and other general lawful corporate purposes.

 

Section 2.13         Liability Records.  The Lender may maintain from time to time, at its discretion, records as to the Obligations.  All entries made on any such record shall be presumed correct until the Borrower establishes the contrary.  Upon the Lender’s demand, the Borrower will admit and certify in writing the exact principal balance of the Obligations that the Borrower then asserts to be outstanding.  Any billing statement or accounting rendered by the Lender shall be conclusive and fully binding on the Borrower unless the Borrower gives the Lender specific written notice of exception within 45 days after receipt.

 

ARTICLE III
 SECURITY INTEREST; OCCUPANCY; SETOFF

 

Section 3.1            Grant of Security Interest. The Borrower hereby pledges, assigns and grants to the Lender, for the benefit of itself and as agent for any affiliate of the Lender that may provide credit or services to the Borrower that constitute Wells Fargo Affiliate Obligations, a lien and security interest (collectively referred to as the “Security Interest”) in the Collateral, as security for the payment and performance of the Obligations. Upon request by the Lender, the Borrower will grant the Lender, for the benefit of itself and as agent for any affiliate of the Lender that may provide credit or services to the Borrower that constitute Wells Fargo Affiliate

 

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Obligations,  a security interest in all commercial tort claims that the Borrower may have against any Person.  The security interests granted by the Borrower to the Lender under this Agreement are in addition to, and shall be consolidated with, the liens and security interests granted by the Borrower to the Lender under the 1999 Credit Agreement and any other prior security agreement, mortgage or other document, without affecting the lien, priority or effectiveness of those prior liens, security interests and agreements.

 

Section 3.2            Notification of Account Debtors and Other Obligors.  The Lender may at any time during a Default Period notify any account debtor or other Person obligated to pay the amount due that such right to payment has been assigned or transferred to the Lender for security and shall be paid directly to the Lender.  The Borrower will join in giving such notice if the Lender so requests.  At any time after the Borrower or the Lender gives such notice to an account debtor or other obligor, after ten (10) days’ written notice to the Borrower, the Lender may, but need not, in the Lender’s name or in the Borrower’s name, demand, sue for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such right to payment, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any such account debtor or other obligor.

 

Section 3.3            Assignment of Insurance.  As additional security for the payment and performance of the Obligations, the Borrower hereby assigns to the Lender any and all monies (including proceeds of insurance and refunds of unearned premiums) due or to become due under, and all other rights of the Borrower with respect to, any and all policies of insurance now or at any time hereafter covering the Collateral or any evidence thereof or any business records or valuable papers pertaining thereto, and the Borrower hereby directs the issuer of any such policy to pay all such monies directly to the Lender.  At any time, whether or not a Default Period then exists, the Lender may (but need not), in the Lender’s name or in the Borrower’s name, execute and deliver proof of claim, receive all such monies, endorse checks and other instruments representing payment of such monies, and adjust, litigate, compromise or release any claim against the issuer of any such policy.  Any monies received as payment for any loss under any insurance policy mentioned above (other than liability insurance policies) or as payment of any award or compensation for condemnation or taking by eminent domain, shall be paid over to the Lender to be applied, at the option of the Lender, either to the prepayment of the Obligations or shall be disbursed to the Borrower under staged payment terms reasonably satisfactory to the Lender for application to the cost of repairs, replacements, or restorations.  Any such repairs, replacements, or restorations shall be effected with reasonable promptness and shall be of a value at least equal to the value of the items or property destroyed prior to such damage or destruction.

 

Section 3.4            Occupancy.(a)      The Borrower hereby irrevocably grants to the Lender the right to take possession of the at any time during a Default Period notice .

 

(b)           The Lender may use the Premises only to hold, process, sell, use, store, liquidate, realize upon or otherwise dispose of goods that are Collateral and for other purposes that the Lender may in good faith deem to be related or incidental purposes.

 

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(c)           The Lender’s right to use the Premises shall cease and terminate upon the earlier of (i) payment in full and discharge of all Obligations and termination of the Credit Facility, and (ii) final sale or disposition of all goods constituting Collateral and delivery of all such goods to purchasers.

 

(d)           The Lender shall not be obligated to pay or account for any rent or other compensation for the occupancy or use of any of the Premises; provided, however, that if the Lender does pay or account for any rent or other compensation for the occupancy or use of any of the Premises, the Borrower shall reimburse the Lender promptly for the full amount thereof.  In addition, the Borrower will pay, or reimburse the Lender for, all taxes, fees, duties, imposts, charges and expenses at any time incurred by or imposed upon the Lender by reason of the execution, delivery, existence, recordation, performance or enforcement of this Agreement or the provisions of this Section 3.4.

 

Section 3.5            License.  Without limiting the generality of any other Security Document, the Borrower hereby grants to the Lender a non-exclusive, worldwide and royalty-free license to use or otherwise exploit all Intellectual Property Rights of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Period.

 

Section 3.6            Financing Statement.  The Borrower authorizes the Lender to file from time to time, such financing statements against collateral described as “all personal property” or “all assets” or describing specific items of collateral including commercial tort claims as the Lender deems necessary or useful to perfect the Security Interest.  All financing statements filed before the date hereof to perfect the Security Interest were authorized by the Borrower and are hereby re-authorized.  A carbon, photographic or other reproduction of this Agreement or of any financing statements signed by the Borrower is sufficient as a financing statement and may be filed as a financing statement in any state to perfect the security interests granted hereby.  For this purpose, the Borrower represents and warrants that the following information is true and correct:

 

Name and address of Debtors:

 

Christopher & Banks, Inc.

2400 Xenium Lane

Plymouth, Minnesota 55441

State Organizational Identification No. 1B-321

 

Christopher & Banks Company

2400 Xenium Lane

Plymouth, Minnesota 55441

State Organizational Identification No. 11X-528

 

Christopher & Banks Services Company

2400 Xenium Lane

Plymouth, Minnesota 55441

State Organizational Identification No. 1081636-2

 

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Name and address of Secured Party:

Wells Fargo Business Credit

MAC 9312-040

Sixth & Marquette Street

Minneapolis, MN  55429

 

Section 3.7            Setoff.  The Lender may at any time or from time to time, at its sole discretion and without demand and without notice to anyone, setoff any liability owed to the Borrower by the Lender, whether or not due, against any Obligation, whether or not due.  In addition, each other Person holding a participating interest in any Obligations shall have the right to appropriate or setoff any deposit or other liability then owed by such Person to the Borrower, whether or not due, and apply the same to the payment of said participating interest, as fully as if such Person had lent directly to the Borrower the amount of such participating interest.  Lender agrees to provide Borrower with prompt notice after exercising its rights under this Section 3.7.

 

Section 3.8            Collateral.  This Agreement does not contemplate a sale of accounts, contract rights or chattel paper, and, as provided by law, the Borrower is entitled to any surplus and shall remain liable for any deficiency.  The Lender’s duty of care with respect to Collateral in its possession (as imposed by law) shall be deemed fulfilled if it exercises reasonable care in physically keeping such Collateral, or in the case of Collateral in the custody or possession of a bailee or other third Person, exercises reasonable care in the selection of the bailee or other third Person, and the Lender need not otherwise preserve, protect, insure or care for any Collateral.  The Lender shall not be obligated to preserve any rights the Borrower may have against prior parties, to realize on the Collateral at all or in any particular manner or order or to apply any cash proceeds of the Collateral in any particular order of application.  The Lender has no obligation to clean up or otherwise prepare the Collateral for sale.  The Borrower waives any right it may have to require the Lender to pursue any third Person for any of the Obligations.

 

ARTICLE IV
  CONDITIONS OF LENDING

 

Section 4.1            Conditions Precedent to the Initial Advances and Letter of Credit.  The Lender’s obligation to make the initial Advances or to cause any Letters of Credit to be issued  shall be subject to the condition precedent that the Lender shall have received all of the following, each properly executed by the appropriate party and in form and substance satisfactory to the Lender:

 

(a)           This Agreement.

 

(b)           The Revolving Note.

 

(c)           A Standby Letter of Credit Agreement and a Commercial Letter of Credit Agreement, and L/C Application for each Letter of Credit that the Borrower wishes to have issued thereunder.

 

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(d)           A complete and accurate list of all stores operated by the Borrower, with the following information for each such location:  store number, address, and telephone number, name of landlord and, if applicable, property manager, together with such landlord’s and property manager’s address.

 

(e)           A true and correct copy of any and all agreements pursuant to which the Borrower’s property is in the possession of any Person other than the Borrower, together with, in the case of any goods held by such Person for resale, (i) a consignee’s acknowledgment and waiver of Liens, (ii) UCC financing statements sufficient to protect the Borrower’s and the Lender’s interests in such goods, and (iii) UCC searches showing that no other secured party has filed a financing statement against such Person and covering property similar to the Borrower’s other than the Borrower, or if there exists any such secured party, evidence that each such secured party has received notice from the Borrower and the Lender sufficient to protect the Borrower’s and the Lender’s interests in the Borrower’s goods from any claim by such secured party.

 

(f)            An acknowledgment and waiver of Liens from each warehouse in which the Borrower is storing Inventory.

 

(g)           A true and correct copy of any and all agreements pursuant to which the Borrower’s property is in the possession of any Person other than the Borrower, together with, (i) an acknowledgment and waiver of Liens from each subcontractor who has possession of the Borrower’s goods from time to time, (ii) UCC financing statements sufficient to protect the Borrower’s and the Lender’s interests in such goods, and (iii) UCC searches showing that no other secured party has filed a financing statement covering such Person’s property other than the Borrower, or if there exists any such secured party, evidence that each such secured party has received notice from the Borrower and the Lender sufficient to protect the Borrower’s and the Lender’s interests in the Borrower’s goods from any claim by such secured party.

 

(h)           The Wholesale Lockbox and Collection Account Agreement.

 

(i)            Current searches of appropriate filing offices showing that (i) no Liens have been filed and remain in effect against the Borrower except Permitted Liens or Liens held by Persons who have agreed in writing that upon receipt of proceeds of the initial Advances, they will satisfy, release or terminate such Liens in a manner satisfactory to the Lender, and (ii) the Lender has duly filed all financing statements necessary to perfect the Security Interest, to the extent the Security Interest is capable of being perfected by filing.

 

(j)            A certificate of the Borrower’s Secretary or Assistant Secretary certifying that attached to such certificate are (i) the resolutions of the Borrower’s Directors and, if required, Owners, authorizing the execution, delivery and performance of the Loan Documents, (ii) true, correct and complete copies of the Borrower’s Constituent Documents, and (iii) examples of the signatures of the Borrower’s Officers or agents authorized to execute and deliver the Loan Documents and other instruments, agreements and certificates, including Advance requests, on the Borrower’s behalf.

 

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(k)           A current certificate issued by the Secretary of State of Minnesota, certifying that each Borrower is in compliance with all applicable organizational requirements of the State of Minnesota.

 

(l)            Evidence that the Borrower is duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary.

 

(m)          A certificate of an Officer of the Borrower confirming, in his personal capacity, the representations and warranties set forth in Article V.

 

(n)           Certificates of the insurance required hereunder, with all hazard insurance containing a lender’s loss payable endorsement in the Lender’s favor and with all liability insurance naming the Lender as an additional insured.

 

(o)           The separate Guaranty of each Guarantor, pursuant to which each Guarantor unconditionally guarantees the full and prompt payment of all Obligations, together with the Guarantor Security Agreement.

 

(p)           A certificate of the Guarantor’s Secretary or Assistant Secretary certifying that attached to such certificate are (i) the resolutions of the Guarantor’s Directors authorizing the execution, delivery and performance of the Loan Documents to which the Guarantor is a party, (ii) true, correct and complete copies of the Guarantor’s Constituent Documents, and (iii) examples of the signatures of the Guarantor’s Officers or agents authorized to execute and deliver the Loan Documents to which the Guarantor is a party and other instruments, agreements and certificates, including Advance requests, on the Borrower’s behalf.

 

(q)           An opinion of counsel to each Borrower and the Guarantor, addressed to the Lender.

 

(r)            Payment of the fees and commissions due under Section 2.6 through the date of the initial Advance or Letter of Credit and expenses incurred by the Lender through such date and required to be paid by the Borrower under Section 8.5, including all legal expenses incurred through the date of this Agreement.

 

(s)           Such other documents as the Lender in its sole discretion may require.

 

Section 4.2            Conditions Precedent to All Advances and Letters of Credit.  The Lender’s obligation to make each Advance or to cause the issuance of a Letter of Credit shall be subject to the further conditions precedent that:

 

(a)           the representations and warranties contained in Article V are correct on and as of the date of such Advance or issuance of a Letter of Credit as though made on and as of such date, except to the extent that such representations and warranties relate solely to an earlier date; and

 

(b)           no event has occurred and is continuing, or would result from such Advance or issuance of a Letter of Credit that constitutes a Default or an Event of Default.

 

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ARTICLE V
  REPRESENTATIONS AND WARRANTIES

 

Each Borrower each represents and warrants to the Lender as follows:

 

Section 5.1            Existence and Power; Name; Chief Executive Office; Inventory and Equipment Locations; Federal Employer Identification Number and Organizational Identification Number.  The Borrower is a corporation duly organized, validly existing and in good standing under the laws of the State of Minnesota and is duly licensed or qualified to transact business in all jurisdictions where the character of the property owned or leased or the nature of the business transacted by it makes such licensing or qualification necessary.  The Borrower has all requisite power and authority to conduct its business, to own its properties and to execute and deliver, and to perform all of its obligations under, the Loan Documents.  During its existence, the Borrower has done business solely under the names set forth in Schedule 5.1.  The Borrower’s chief executive office and principal place of business is located at the address set forth in Schedule 5.1, and all of the Borrower’s records relating to its business or the Collateral are kept at that location.  All Inventory and Equipment is located at that location or at one of the other locations listed in Schedule 5.1.  The Borrower’s federal employer identification number and organization identification number are correctly set forth in Section 3.6.

 

Section 5.2            Capitalization.  There are no rights to acquire ownership interests which if fully exercised would cause such Person to hold more than five percent (5%) of all ownership interests of the Borrower on a fully diluted basis.

 

Section 5.3            Authorization of Borrowing; No Conflict as to Law or Agreements.  The execution, delivery and performance by the Borrower of the Loan Documents and the borrowings from time to time hereunder have been duly authorized by all necessary corporate action and do not and will not (i) require any consent or approval of the Borrower’s Owners; (ii) require any authorization, consent or approval by, or registration, declaration or filing with, or notice to, any governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, or any third party, except such authorization, consent, approval, registration, declaration, filing or notice as has been obtained, accomplished or given prior to the date hereof; (iii) violate any provision of any law, rule or regulation (including Regulation X of the Board of Governors of the Federal Reserve System) or of any order, writ, injunction or decree presently in effect having applicability to the Borrower or of the Borrower’s Constituent Documents; (iv) result in a breach of or constitute a default under any indenture or loan or credit agreement or any other material agreement, lease or instrument to which the Borrower is a party or by which it or its properties may be bound or affected; or (v) result in, or require, the creation or imposition of any Lien (other than the Security Interest) upon or with respect to any of the properties now owned or hereafter acquired by the Borrower.

 

Section 5.4            Legal Agreements.  This Agreement constitutes and, upon due execution by the Borrower, the other Loan Documents will constitute the legal, valid and binding obligations of the Borrower, enforceable against the Borrower in accordance with their respective terms.

 

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Section 5.5            Subsidiaries.  Christopher & Banks, Inc.  has one Subsidiary, Christopher & Banks Company.  Christopher & Banks Company has one Subsidiary, Christopher & Banks Services Company.  There are no rights to acquire ownership interests which if fully exercised would cause such Person to hold more than five percent (5%) of all ownership interests of the Borrower on a fully diluted basis.  Borrower will provide Lender not less than thirty (30) days’ notice prior to the creation of any new Subsidiary, provided further that such Subsidiary shall immediately execute and deliver to Lender a guaranty in favor of the Lender, in form and substance satisfactory to the Lender, guaranteeing the Obligations of the Borrower, or, at Lender’s discretion, such Subsidiary shall become a Borrower.

 

Section 5.6            Financial Condition; No Adverse Change.  The Borrower has furnished to the Lender its audited financial statements for its fiscal year ended February 26, 2005, and unaudited financial statements for the fiscal-year-to-date period ended August 27, 2005, and those statements fairly present the Borrower’s financial condition on the dates thereof and the results of its operations and cash flows for the periods then ended and were prepared in accordance with GAAP.  Since the date of the most recent financial statements, there has been no material adverse  change in the Borrower’s business, properties or condition (financial or otherwise).

 

Section 5.7            Litigation.  There are no actions, suits or proceedings pending or, to the Borrower’s knowledge, threatened against or affecting the Borrower or any of its Affiliates or the properties of the Borrower or any of its Affiliates before any court or governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, which, if determined adversely to the Borrower or any of its Affiliates, would have a material adverse effect on the financial condition, properties or operations of the Borrower or any of its Affiliates.

 

Section 5.8            Regulation U.  The Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System), and no part of the proceeds of any Advance will be used to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock.

 

Section 5.9            Taxes.  The Borrower and its Affiliates have paid or caused to be paid to the proper authorities when due all federal, state and local taxes required to be withheld by each of them.  The Borrower and its Affiliates have filed all federal, state and local tax returns which to the knowledge of the Officers of the Borrower or any Affiliate, as the case may be, are required to be filed, and the Borrower and its Affiliates have paid or caused to be paid to the respective taxing authorities all taxes as shown on said returns or on any assessment received by any of them to the extent such taxes have become due.

 

Section 5.10         Titles and Liens.  The Borrower has good and marketable title to all Collateral free and clear of all Liens other than Permitted Liens.  No financing statement naming the Borrower as debtor is on file in any office except to perfect only Permitted Liens.

 

Section 5.11         Intellectual Property Rights.  Schedule 5.11 is a complete list of all patents, applications for patents, trademarks, applications to register trademarks, service marks, applications to register service marks, mask works, trade dress and copyrights for which the

 

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Borrower is the owner of record (the “Owned Intellectual Property”).  Except as disclosed on Schedule 5.11, (i) the Borrower owns the Owned Intellectual Property free and clear of all restrictions (including covenants not to sue a third party), court orders, injunctions, decrees, writs or Liens, whether by written agreement or otherwise, (ii) no Person other than the Borrower owns or has been granted any right in the Owned Intellectual Property, (iii) all Owned Intellectual Property is valid, subsisting and enforceable and (iv) the Borrower has taken all commercially reasonable action necessary to maintain and protect the Owned Intellectual Property.

 

Section 5.12         Plans.  Except as disclosed to the Lender in writing prior to the date hereof, neither the Borrower nor any ERISA Affiliate (i) maintains or has maintained any Pension Plan, (ii) contributes or has contributed to any Multiemployer Plan or (iii) provides or has provided post-retirement medical or insurance benefits with respect to employees or former employees (other than benefits required under Section 601 of ERISA, Section 4980B of the IRC or applicable state law).  Neither the Borrower nor any ERISA Affiliate has received any notice or has any knowledge to the effect that it is not in full compliance with any of the requirements of ERISA, the IRC or applicable state law with respect to any Plan.  No Reportable Event exists in connection with any Pension Plan.  Each Plan that is intended to qualify under the IRC is so qualified, and no fact or circumstance exists which may have an adverse effect on the Plan’s tax-qualified status.  Neither the Borrower nor any ERISA Affiliate has (i) any accumulated funding deficiency (as defined in Section 302 of ERISA and Section 412 of the IRC) under any Plan, whether or not waived, (ii) any liability under Section 4201 or 4243 of ERISA for any withdrawal, partial withdrawal, reorganization or other event under any Multiemployer Plan or (iii) any liability or knowledge of any facts or circumstances which could result in any liability to the Pension Benefit Guaranty Corporation, the Internal Revenue Service, the Department of Labor or any participant in connection with any Plan (other than routine claims for benefits under the Plan).

 

Section 5.13         Default.  The Borrower is in compliance with all provisions of all agreements, instruments, decrees and orders to which it is a party or by which it or its property is bound or affected, the breach or default of which could have a material adverse effect on the Borrower’s financial condition, properties or operations.

 

Section 5.14         Environmental Matters.

 

(a)           Except as disclosed on Schedule 5.14, to the best of Borrower’s knowledge, (i) there are not present in, on or under the Borrower’s headquarters at 2400 Xenium Lane North, Plymouth, Minnesota any Hazardous Substances in such form or quantity as to create any material liability or obligation for either the Borrower or the Lender under the common law of any jurisdiction or under any Environmental Law, and (ii) no Hazardous Substances have ever been stored, buried, spilled, leaked, discharged, emitted or released in, on or under the Borrower’s headquarters at 2400 Xenium Lane North, Plymouth, Minnesota in such a way as to create any such material liability.

 

(b)           Except as disclosed on Schedule 5.14, to the best of Borrower’s knowledge, the Borrower has not disposed of Hazardous Substances in such a manner as to create any material liability under any Environmental Law.

 

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(c)           Except as disclosed on Schedule 5.14, to the best of Borrower’s knowledge, there are no threatened or impending requests, claims, notices, investigations, demands, administrative proceedings, hearings or litigation relating in any way to the Borrower’s headquarters at 2400 Xenium Lane North, Plymouth, Minnesota or the Borrower, alleging material liability under, violation of, or noncompliance with any Environmental Law or any license, permit or other authorization issued pursuant thereto.

 

(d)           Except as disclosed on Schedule 5.14, to the best of Borrower’s knowledge, the Borrower’s businesses are and have in the past always been conducted in accordance with all Environmental Laws and all licenses, permits and other authorizations required pursuant to any Environmental Law and necessary for the lawful and efficient operation of such businesses are in the Borrower’s possession and are in full force and effect, nor has the Borrower been denied insurance on grounds related to potential environmental liability.  No permit required under any Environmental Law is scheduled to expire within 12 months and there is no threat that any such permit will be withdrawn, terminated, limited or materially changed.

 

(e)           Except as disclosed on Schedule 5.14, to the best of Borrower’s knowledge, the Borrower’s headquarters at 2400 Xenium Lane North, Plymouth, Minnesota has not and has never been listed on the National Priorities List, the Comprehensive Environmental Response, Compensation and Liability Information System or any similar federal, state or local list, schedule, log, inventory or database.

 

(f)            The Borrower has delivered to the Lender all environmental assessments, audits, reports, permits, licenses and other documents describing or relating in any way to the Borrower’s headquarters at 2400 Xenium Lane North, Plymouth, Minnesota or the Borrower’s businesses.

 

Section 5.15         Submissions to Lender.  All financial and other information provided to the Lender by or on behalf of the Borrower in connection with the Borrower’s request for the credit facilities contemplated hereby (i) is true and correct in all material respects, (ii) does not omit any material fact necessary to make such information not misleading and, (iii) as to projections, valuations or proforma financial statements, presents a good faith opinion as to such projections, valuations and proforma condition and results.

 

Section 5.16         Financing Statements.  The Borrower has authorized the filing of financing statements sufficient when filed to perfect the Security Interest and the other security interests created by the Security Documents.  When such financing statements are filed in the offices noted therein, the Lender will have a valid and perfected security interest in all Collateral that is capable of being perfected by filing financing statements.  None of the Collateral is or will become a fixture on real estate, unless a sufficient fixture filing is in effect with respect thereto.

 

Section 5.17       Rights to Payment.  Each right to payment and each instrument, document, chattel paper and other agreement constituting or evidencing Collateral is (or, in the case of all future Collateral, will be when arising or issued) the valid, genuine and legally enforceable obligation, subject to no defense, setoff or counterclaim, of the account debtor or other obligor named therein or in the Borrower’s records pertaining thereto as being obligated to pay such obligation.

 

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ARTICLE VI
  COVENANTS

 

So long as the Obligations shall remain unpaid, or the Credit Facility shall remain outstanding, the Borrower will comply with the following requirements, unless the Lender shall otherwise consent in writing:

 

Section 6.1            Reporting Requirements.  The Borrower will deliver, or cause to be delivered, to the Lender each of the following, which shall be in form and detail acceptable to the Lender, provided that all financial statements required to be submitted by the Borrower shall be submitted on an unconsolidated basis as well as on a consolidated basis including Borrower and Guarantor:

 

(a)           Annual Financial Statements.  As soon as available, and in any event within 120 days after the end of each fiscal year of the Borrower, the Borrower’s audited financial statements with the unqualified opinion of independent certified public accountants selected by the Borrower and acceptable to the Lender, which annual financial statements shall include the Borrower’s balance sheet as at the end of such fiscal year and the related statements of the Borrower’s income, retained earnings and cash flows for the fiscal year then ended, prepared, if the Lender so requests, on a consolidating and consolidated basis to include any Affiliates, all in reasonable detail and prepared in accordance with GAAP, together with (i) copies of all management letters prepared by such accountants; and (ii) a certificate of the Borrower’s chief financial officer stating that such financial statements have been prepared in accordance with GAAP, fairly represent the Borrower’s financial position and the results of its operations, and whether or not such Officer has knowledge of the occurrence of any Default or Event of Default and, if so, stating in reasonable detail the facts with respect thereto.

 

(b)           Monthly Financial Statements.  As soon as available and in any event within 20 days after the end of each month, the unaudited/internal balance sheet and statements of income and retained earnings of the Borrower as at the end of and for such month and for the year to date period then ended, prepared, if the Lender so requests, on a consolidating and consolidated basis to include any Affiliates, in reasonable detail and stating in comparative form the figures for the corresponding date and periods in the previous year, all prepared in accordance with GAAP, subject to year-end audit adjustments and which fairly represent the Borrower’s financial position and the results of its operations; and accompanied by a certificate of the Borrower’s chief financial officer, substantially in the form of Exhibit B hereto stating (i) that such financial statements have been prepared in accordance with GAAP, subject to year-end audit adjustments, and fairly represent the Borrower’s financial position and the results of its operations, (ii) whether or not such Officer has knowledge of the occurrence of any Default or Event of Default not theretofore reported and remedied and, if so, stating in reasonable detail the facts with respect thereto, and (iii) all relevant facts in reasonable detail to evidence, and the computations as to, whether or not the Borrower is in compliance with the Financial Covenants.

 

(c)           Collateral Reports.  Within twenty (20) days after the end of each moth or more frequently if the Lender so requires, agings of the Borrower’s accounts receivable and its accounts payable, and within fifteen (15) days after the end of each month, an inventory

 

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certification report, and a calculation of the Borrower’s Accounts, Inventory, Eligible Inventory and Eligible In-Transit Inventory as of each month, or more frequently as the Lender requires.

 

(d)           Projections.  No later than forty-five (45) days after the last day of each fiscal year, the Borrower’s projected balance sheets, income statements, statements of cash flow and projected Availability for each month of the succeeding fiscal year, each in reasonable detail.  Such items will be certified by the Officer who is the Borrower’s chief financial officer as being the most accurate projections available and identical to the projections used by the Borrower for internal planning purposes and be delivered with a statement of underlying assumptions and such supporting schedules and information as the Lender may in its discretion require.

 

(e)           Litigation.  Immediately after the commencement thereof, notice in writing of all litigation and of all proceedings before any governmental or regulatory agency affecting the Borrower (i) of the type described in Section 5.14(c) or (ii) which seek a monetary recovery against the Borrower in excess of $500,000.

 

(f)            Defaults.  When any Officer of the Borrower becomes aware of the occurrence of any Default or Event of Default, and no later than five (5) business days after such Officer becomes aware of such Default or Event of Default, notice of such occurrence, together with a detailed statement by a responsible Officer of the Borrower of the steps being taken by the Borrower to cure the effect thereof.

 

(g)           Plans.  As soon as possible, and in any event within 30 days after the Borrower knows or has reason to know that any Reportable Event with respect to any Pension Plan has occurred, a statement signed by the Officer who is the Borrower’s chief financial officer setting forth details as to such Reportable Event and the action which the Borrower proposes to take with respect thereto, together with a copy of the notice of such Reportable Event to the Pension Benefit Guaranty Corporation.  As soon as possible, and in any event within 10 days after the Borrower fails to make any quarterly contribution required with respect to any Pension Plan under Section 412(m) of the IRC, the Borrower will deliver to the Lender a statement signed by the Officer who is the Borrower’s chief financial officer setting forth details as to such failure and the action which the Borrower proposes to take with respect thereto, together with a copy of any notice of such failure required to be provided to the Pension Benefit Guaranty Corporation.  As soon as possible, and in any event within ten days after the Borrower knows or has reason to know that it has or is reasonably expected to have any liability under Sections 4201 or 4243 of ERISA for any withdrawal, partial withdrawal, reorganization or other event under any Multiemployer Plan, the Borrower will deliver to the Lender a statement of the Borrower’s chief financial officer setting forth details as to such liability and the action which the Borrower proposes to take with respect thereto.

 

(h)           Officers.  Promptly upon knowledge thereof, notice of the termination of employment of William Prange, Chief Executive Officer of Christopher & Banks, Inc., Joseph Pennington, President of Christopher & Banks, Inc., or Andrew Moller, Chief Financial Officer of Christopher & Banks, Inc.

 

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(i)            Collateral.  Promptly upon knowledge thereof, notice of any loss of or material damage to any Collateral or of any substantial adverse change in any Collateral or the prospect of payment thereof.

 

(j)            Commercial Tort Claims.  Promptly upon knowledge thereof, notice of any commercial tort claims it may bring against any Person, including the name and address of each defendant, a summary of the facts, an estimate of the Borrower’s damages, copies of any complaint or demand letter submitted by the Borrower, and such other information as the Lender may request.

 

(k)           Intellectual Property.

 

(i)            30 days prior written notice of Borrower’s intent to acquire material Intellectual Property Rights; except for transfers permitted under Section 6.16, the Borrower will give the Lender 30 days prior written notice of its intent to dispose of material Intellectual Property Rights and upon request shall provide the Lender with copies of all proposed documents and agreements concerning such rights.

 

(ii)           Promptly upon knowledge thereof, notice of (A) any Infringement of its Intellectual Property Rights by others, (B) claims that the Borrower is Infringing another Person’s Intellectual Property Rights and (C) any threatened cancellation, termination or material limitation of its Intellectual Property Rights.

 

(iii)          Promptly upon receipt, copies of all material registrations and filings with respect to its Intellectual Property Rights.

 

(l)            Reports to Shareholders.  Promptly upon their distribution, copies of all financial statements, reports and proxy statements which the Guarantor shall have sent to its shareholders.

 

(m)          SEC Filings.  If Lender so requests, promptly after the sending or filing thereof, copies of all regular and periodic reports which the Guarantor shall file with the Securities and Exchange Commission or any national securities exchange.

 

(n)           Violations of Law.  Promptly upon knowledge thereof, notice of the Borrower’s violation of any law, rule or regulation, the non-compliance with which could materially and adversely affect the financial condition, properties or operations of the Borrower.

 

(o)           Other Reports.  From time to time, with reasonable promptness, any and all receivables schedules, inventory reports, collection reports, deposit records, equipment schedules, copies of invoices to account debtors and such other material, reports, records or information as the Lender may request.

 

Section 6.2            Financial Covenants.  The following financial covenants shall be calculated on a consolidated basis including the Borrower and the Guarantor:

 

(a)           Minimum Cash Flow; Minimum Cash on Hand.  The Borrower will maintain on a rolling twelve-month basis, determined as at the end of each fiscal quarter, Cash Flow at or above $0.  Notwithstanding the foregoing, in the event the Borrower fails to maintain the

 

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required level of Cash Flow set forth in the foregoing sentence, such failure will not constitute an Event of Default hereunder if the sum of Borrower’s cash, cash equivalents and short-term investments (as determined in accordance with GAAP) as of the end of such measurement prior equals or exceeds the following amounts during the periods set forth opposite such amounts:

 

	
Period
    	
 
    	
Minimum Cash, Cash Equivalents
   and Short-Term Investments
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
End of   first fiscal quarter
    	
 
    	
$
    	
20,000,000
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
End of   second fiscal quarter
    	
 
    	
$
    	
15,000,000
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
End of   third fiscal quarter
    	
 
    	
$
    	
10,000,000
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
End of   fourth fiscal quarter
    	
 
    	
$
    	
25,000,000
    	
 
    

 

(b)           Minimum Inventory Turns Ratio.  The Borrower will maintain, on a rolling twelve-month basis, determined as at the end of each fiscal quarter, an Inventory Turns Ratio of not less than 3.0 to 1.0.

 

Section 6.3            Permitted Liens; Financing Statements.

 

(a)           The Borrower will not create, incur or suffer to exist any Lien upon or of any of its assets, now owned or hereafter acquired, to secure any indebtedness; excluding, however, from the operation of the foregoing, the following (each a “Permitted Lien”; collectively, “Permitted Liens”):

 

(i)            In the case of any of the Borrower’s property which is not Collateral, covenants, restrictions, rights, easements and minor irregularities in title which do not materially interfere with the Borrower’s business or operations as presently conducted;

 

(ii)           Liens in existence on the date hereof and listed in Schedule 6.3 hereto, securing indebtedness for borrowed money permitted under Section 6.4;

 

(iii)          The Security Interest and Liens created by the Security Documents and other liens in favor of the Lender or the Lender’s affiliates;

 

(iv)          Purchase money Liens relating to indebtedness or capitalized lease obligations for the acquisition of machinery and equipment of the Borrower not exceeding the lesser of cost or fair market value thereof and so long as no Default Period is then in existence and none would exist immediately after such acquisition;

 

(v)           mortgages, pledges, liens or security interests in that certain real property located at 2400 Xenium Lane North, Plymouth, Minnesota, provided, however, that Borrower shall have obtained the prior written consent of Lender, which consent shall not be unreasonably withheld, and provided that there is not an Event of Default;

 

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(vi)          Liens on property or assets acquired pursuant to a permitted acquisition under Section 6.17 provided that such Liens do not attach to any other asset of the Borrower or any of its Subsidiaries;

 

(vii)         Liens in favor of customs and revenue authorities arising as a matter of law to secure payment of customs duties in connection with the importation of goods;

 

(viii)        Liens encumbering leasehold improvements and fixtures granted in favor of Borrower’s landlords pursuant to leases;

 

(ix)           inchoate Liens for taxes, assessments or governmental charges or levies not yet due or Liens for taxes, assessments or governmental charges or levies being contested in good faith and by appropriate proceedings for which adequate reserves have been established in accordance with GAAP; and

 

(x)            Liens in respect of property or assets of any Borrower imposed by law, which were incurred in the ordinary course of business and do not secure Indebtedness for borrowed money, such as carriers’, warehousemen’s, materialmen’s and mechanics’ liens and other similar Liens arising in the ordinary course of business, and (i) which do not in the aggregate materially detract from the value of any of Borrower’s property or assets or materially impair the use thereof in the operation of the business of Borrower or (ii) which are being contested in good faith by appropriate proceedings, which proceedings have the effect of preventing the forfeiture or sale of the property or assets subject to any such Lien.

 

(b)           The Borrower will not amend any financing statements in favor of the Lender except as permitted by law.  Any authorization by the Lender to any Person to amend financing statements in favor of the Lender shall be in writing.

 

Section 6.4            Indebtedness.  The Borrower will not incur, create, assume or permit to exist any indebtedness or liability on account of deposits or advances or any indebtedness for borrowed money or letters of credit issued on the Borrower’s behalf, or any other indebtedness or liability evidenced by notes, bonds, debentures or similar obligations, except:

 

(a)           Indebtedness arising hereunder;

 

(b)           Indebtedness of the Borrower in existence on the date hereof and listed in Schedule 6.4 hereto;

 

(c)           Indebtedness relating to Permitted Liens;

 

(d)           Trade debt owed to vendors incurred in the ordinary course of business.

 

Section 6.5            Guaranties.  The Borrower will not assume, guarantee, endorse or otherwise become directly or contingently liable in connection with any obligations of any other Person, except:

 

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(a)           The endorsement of negotiable instruments by the Borrower for deposit or collection or similar transactions in the ordinary course of business; and

 

(b)           Guaranties, endorsements and other direct or contingent liabilities in connection with the obligations of other Persons, in existence on the date hereof and listed in Schedule 6.4 hereto.

 

Section 6.6            Investments and Subsidiaries.  The Borrower will not make or permit to exist any loans or advances to, or make any investment or acquire any interest whatsoever in, any other Person or Affiliate, including any partnership or joint venture, nor purchase or hold beneficially any stock or other securities or evidence of indebtedness of any other Person or Affiliate, except:

 

(a)           Investments in direct obligations of the United States of America or any agency or instrumentality thereof whose obligations constitute full faith and credit obligations of the United States of America having a maturity of one year or less, commercial paper issued by U.S.  corporations rated “A-1” or “A-2” by Standard & Poor’s Ratings Services or “P-1” or “P-2” by Moody’s Investors Service, tax advantaged securities having a maturity of three (3) years or less issued by a municipality rated “A” by at least two rating agencies, corporate debt having a maturity of two (2) years or less rated “A” by at least two rating agencies, money market funds, repurchase agreements with a maturity of seven (7) days or less or certificates of deposit or bankers’ acceptances having a maturity of one year or less issued by members of the Federal Reserve System having deposits in excess of $100,000,000 (which certificates of deposit or bankers’ acceptances are fully insured by the Federal Deposit Insurance Corporation);

 

(b)           Travel advances not exceeding at any one time an aggregate of $50,000; and

 

(c)           Prepaid rent not exceeding two months or security deposits; and

 

(d)           Current investments in the Subsidiaries in existence on the date hereof and listed in Schedule 5.5 hereto.

 

Borrower may create additional Subsidiaries provided that Borrower will provide Lender thirty (30) days notice prior to the creation of any Subsidiary; provided further that such Subsidiary shall immediately execute and deliver to the Lender a counterpart of this Agreement and become a Borrower.

 

Section 6.7            Dividends and Distributions.  So long as no Event of Default exists or will occur as a result thereof, the Borrower may declare and pay dividends on its capital stock.

 

Section 6.8            Books and Records; Collateral Examination, Inspection and Appraisals.

 

(a)           The Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower’s business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender’s request, will permit any officer, employee, attorney, accountant or other agent of the Lender to audit, review, make extracts from

 

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or copy any and all company and financial books and records of the Borrower at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the Borrower, and to discuss the Borrower’s affairs with any of its senior offices and independent accountants.

 

(b)           Upon two (2) Banking Days’ notice to the Borrower, the Borrower will permit the Lender or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the Borrower at any time during ordinary business hours;  provided, however, that if the Lender reasonably believes that a Default or an Event of Default may have occurred, Lender shall not be required to give prior notice of such inspections.  For purposes of this subsection (c), visits by employees or agents of Lender to stores operated by Borrower shall not be deemed to be inspections requiring prior notice so long as such visits are conducted during normal business hours.

 

(c)           The Lender may also obtain during the continuance of a Default or an Event of Default, obtain at the Borrower’s expense an appraisal of Inventory by an appraiser acceptable to the Lender in its sole discretion.

 

Section 6.9            Account Verification.

 

(a)           During any Default Period, the Lender or its agent may at any time and from time to time send or require the Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors.  At any time during any Default Period, the Lender or its agent may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

 

(b)           The Borrower shall pay when due each account payable due to a Person holding a Permitted Lien (as a result of such payable) on any Collateral.

 

Section 6.10         Compliance with Laws.

 

(a)           The Borrower shall (i) comply  with the requirements of applicable laws and regulations, the non-compliance with which would materially and adversely affect its business or its financial condition and (ii) use and keep the Collateral, and require that others use and keep the Collateral, only for lawful purposes, without violation of any federal, state or local law, statute or ordinance.

 

(b)           Without limiting the foregoing undertakings, the Borrower specifically agrees that it will comply with all applicable Environmental Laws and obtain and comply with all permits, licenses and similar approvals required by any Environmental Laws, and will not generate, use, transport, treat, store or dispose of any Hazardous Substances in such a manner as to create any material liability or obligation under the common law of any jurisdiction or any Environmental Law.

 

(c)           The Borrower shall (i) ensure that no Owner shall be listed on the Specially Designated Nationals and Blocked Person List or other similar lists maintained by the Office of Foreign Assets Control (“OFAC”), the Department of the Treasury or included in any Executive Orders, (ii) not use or permit the use of the proceeds of the Credit Facility or any other financial

 

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accommodation from the Lender to violate any of the foreign asset control regulations of OFAC or other applicable law, (iii) comply  with all applicable Bank Secrecy Act laws and regulations, as amended from time to time, and (iv) otherwise comply with the USA Patriot Act as required by federal law and the Lender’s policies and practices.

 

Section 6.11         Payment of Taxes and Other Claims.  The Borrower will pay or discharge, when due, (a) all taxes, assessments and governmental charges levied or imposed upon it or upon its income or profits, upon any properties belonging to it (including the Collateral) or upon or against the creation, perfection or continuance of the Security Interest, prior to the date on which penalties attach thereto, (b) all federal, state and local taxes required to be withheld by it, and (c) all lawful claims for labor, materials and supplies which, if unpaid, might by law become a Lien upon any properties of the Borrower; provided, that the Borrower shall not be required to pay any such tax, assessment, charge or claim whose amount, applicability or validity is being contested in good faith by appropriate proceedings and for which proper reserves have been made.

 

Section 6.12         Maintenance of Properties.

 

(a)           The Borrower will keep and maintain the Collateral and all of its other properties necessary or useful in its business in good condition, repair and working order (normal wear and tear excepted) and will from time to time replace or repair any worn, defective or broken parts; provided, however, that nothing in this covenant shall prevent the Borrower from discontinuing the operation and maintenance of any of its properties if such discontinuance is, in the Borrower’s judgment, desirable in the conduct of the Borrower’s business and not disadvantageous in any material respect to the Lender.  The Borrower will take all commercially reasonable steps necessary to protect and maintain its Intellectual Property Rights.

 

(b)           The Borrower will defend the Collateral against all Liens, claims or demands of all Persons (other than the Lender) claiming the Collateral or any interest therein.  The Borrower will keep all Collateral free and clear of all Liens except Permitted Liens.  The Borrower will take all commercially reasonable steps necessary to prosecute any Person Infringing its Intellectual Property Rights and to defend itself against any Person accusing it of Infringing any Person’s Intellectual Property Rights.

 

Section 6.13         Insurance.  The Borrower will obtain and at all times maintain insurance with insurers acceptable to the Lender, in such amounts, on such terms (including any deductibles) and against such risks as may from time to time be required by the Lender, but in all events in such amounts and against such risks as is usually carried by companies engaged in similar business and owning similar properties in the same general areas in which the Borrower operates.  Without limiting the generality of the foregoing, the Borrower will at all times maintain business interruption insurance for its headquarters at 2400 Xenium Lane North, Plymouth, Minnesota, including coverage for force majeure and  keep all tangible Collateral insured against risks of fire (including so-called extended coverage), theft, collision (for Collateral consisting of motor vehicles) and such other risks and in such amounts as the Lender may reasonably request, with any loss payable to the Lender to the extent of its interest, and all policies of such insurance shall contain a lender’s loss payable endorsement for the Lender’s

 

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benefit.  All policies of liability insurance required hereunder shall name the Lender as an additional insured.

 

Section 6.14         Preservation of Existence.  The Borrower will preserve and maintain its existence and all of its rights, privileges and franchises necessary or desirable in the normal conduct of its business and shall conduct its business in an orderly, efficient and regular manner.

 

Section 6.15         Delivery of Instruments, etc.  Upon request by the Lender, the Borrower will promptly deliver to the Lender in pledge all instruments, documents and chattel paper constituting Collateral, duly endorsed or assigned by the Borrower.

 

Section 6.16         Sale or Transfer of Assets; Suspension of Business Operations.  The Borrower will not sell, lease, assign, transfer or otherwise dispose of (i) the stock of any Subsidiary, (ii) all or a substantial part of its assets, or (iii) any Collateral or any interest therein (whether in one transaction or in a series of transactions) to any other Person other than the sale of Inventory in the ordinary course of business and will not liquidate, dissolve or suspend business operations, without the prior written consent of the Lender.  The Borrower will not transfer any part of its ownership interest in any Intellectual Property Rights and will not permit any agreement under which it has licensed Licensed Intellectual Property to lapse, except that (i) the Borrower may transfer such rights or permit such agreements to lapse if it shall have reasonably determined that the applicable Intellectual Property Rights are no longer useful in its business and (ii) the Borrower may enter into intracompany transfers.  If the Borrower transfers any Intellectual Property Rights for value, the Borrower will pay over the proceeds to the Lender for application to the Obligations.  The Borrower will not license any other Person to use any of the Borrower’s Intellectual Property Rights, except that the Borrower may grant licenses in the ordinary course of its business in connection with sales of Inventory or provision of services to its customers.

 

Section 6.17         Consolidation and Merger; Asset Acquisitions.  Neither a Borrower nor the Guarantor will consolidate with or merge into any Person, or permit any other Person to merge into it, acquire (in a transaction analogous in purpose or effect to a consolidation or merger) all or substantially all the assets of any other Person unless:

 

(a)           the corporation formed by such consolidation or into which the Borrower or the Guarantor, as the case may be, is merged (if the Borrower or the Guarantor is not the surviving entity) or the Person that acquires by conveyance or transfer all or substantially all of the properties and assets of the Borrower or the Guarantor, as the case may be, (i) shall be a corporation organized and existing under the laws of the Unites States of America or any State or the District of Columbia, (ii) shall expressly assume by an amendment to or restatement of this Agreement, or the Guaranty, as applicable, the performance of every covenant of this Agreement on the part of the Borrower or of the Guaranty on the part the Guarantor to be performed or observed and (iii) if such corporation is a holding company with a significant portion of its operations conducted and assets held by one or more subsidiaries, shall provide for guaranties from such subsidiaries on substantially the same terms and conditions as are set forth in the Guaranty;

 

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(b)           immediately after giving effect to such transaction, no Event of Default, and no event that, after notice or lapse of time, or both, would become an Event of Default, shall have occurred and be continuing;

 

(c)           immediately after giving effect to such transaction, the corporation formed by such consolidation or into which the Borrower or the Guarantor, as the case may be, is merged or the Person that acquired by conveyance or transfer all or substantially of the properties and assets of the Borrower or the Guarantor, as the case may be, shall have a tangible net worth of not less than the consolidated tangible net worth of the Borrower and Guarantor immediately preceding such transaction;

 

(d)           the Borrower and the Guarantor have delivered to the Lender an officer’s certificate and opinion of counsel (which opinion may rely, as to factual matters, upon a certificate of an executive officer of the Borrower or the Guarantor) stating that such consolidation , merger conveyance or transfer and such amendment or restatement complies with this Section 6.17 and that all conditions precedent herein relating to such transaction have been complied with; and

 

(e)           such merger, consolidation or sale has been approved prior to the transaction in writing by the Lender.

 

Upon any consolidation or merger of the Borrower or the Guarantor into another entity, or any conveyance or transfer of all or substantially all of the properties and assets of the Borrower or the Guarantor in accordance herewith, the successor entity formed by such consolidation or into which the Borrower or the Guarantor, as the case may be, is merged or to which such conveyance or transfer is made shall succeed to, and be substituted for, and may exercise every right and power of the Borrower under this Agreement with the same effect as if such successor entity had been named as the Borrower herein.

 

Any Borrower may acquire another Person or substantially all the assets of another Person so long as the cash consideration for such acquisition does not exceed $20,000,000 for all such transactions in any fiscal year of the Borrowers; and further provided that immediately after giving effect to such transaction, (i) no Event of Default, and no event which, after notice or lapse of time, or both, would become an Event of Default, shall have occurred and be continuing and (ii) the Borrowers’ actual amount of aggregate cash and marketable securities that are permitted investments under Section 6.6  as of the measurement date immediately following such transaction, shall not be less than 60% of the aggregate of such items set forth in the Borrowers’ projections delivered to Lender for the applicable period.

 

Section 6.18         Sale and Leaseback.  The Borrower will not enter into any arrangement, directly or indirectly, with any other Person whereby the Borrower shall sell or transfer any real or personal property, whether now owned or hereafter acquired, and then or thereafter rent or lease as lessee such property or any part thereof or any other property which the Borrower intends to use for substantially the same purpose or purposes as the property being sold or transferred; provided, however, that the Borrower may enter into such transaction with respect to the real property on which its headquarters is presently located and with respect to any personal property related thereto.

 

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Section 6.19         Restrictions on Nature of Business.  Without the advance written consent of the Lender, which consent shall not be unreasonably withheld, the Borrower will not engage in any line of business except for retail and direct apparel and accessory sales and will not purchase, lease or otherwise acquire assets not related to its business.

 

Section 6.20         Accounting.  The Borrower will not adopt any material change in accounting principles other than as required by GAAP.  The Borrower will not adopt, permit or consent to any change in its fiscal year unless such change is made in accordance with GAAP and all applicable tax laws and regulations.

 

Section 6.21         Plans.  Unless disclosed to the Lender pursuant to Section 5.12, neither the Borrower nor any ERISA Affiliate will (i) adopt, create, assume or become a party to any Pension Plan, (ii) incur any obligation to contribute to any Multiemployer Plan, (iii) incur any obligation to provide post-retirement medical or insurance benefits with respect to employees or former employees (other than benefits required by law) or (iv) amend any Plan in a manner that would materially increase its funding obligations.

 

Section 6.22         Place of Business; Name.  The Borrower will not transfer its chief executive office or principal place of business.  The Borrower will not permit any tangible Collateral or any records pertaining to the Collateral to be located in any state or area in which, in the event of such location, a financing statement covering such Collateral would be required to be, but has not in fact been, filed in order to perfect the Security Interest.  The Borrower will not change its name or jurisdiction of organization without the prior written consent of Lender, which consent shall not be unreasonably withheld.

 

Section 6.23         Constituent Documents; S Corporation Status.  The Borrower will not amend its Constituent Documents in a manner adverse to the interests of Lender or become an S Corporation.

 

Section 6.24         Performance by the Lender.  If the Borrower at any time fails to perform or observe any of the foregoing covenants contained in this Article VI or elsewhere herein, and if such failure shall continue for a period of ten calendar days after the Lender gives the Borrower written notice thereof (or in the case of the agreements contained in Section 6.11 and Section 6.13, immediately upon the occurrence of such failure, without notice or lapse of time), the Lender may, but need not, perform or observe such covenant on behalf and in the name, place and stead of the Borrower (or, at the Lender’s option, in the Lender’s name) and may, but need not, take any and all other actions which the Lender may reasonably deem necessary to cure or correct such failure (including the payment of taxes, the satisfaction of Liens, the performance of obligations owed to account debtors or other obligors, the procurement and maintenance of insurance, the execution of assignments, security agreements and financing statements, and the endorsement of instruments); and the Borrower shall thereupon pay to the Lender on demand the amount of all monies expended and all costs and expenses (including reasonable attorneys’ fees and legal expenses) incurred by the Lender in connection with or as a result of the performance or observance of such agreements or the taking of such action by the Lender, together with interest thereon from the date expended or incurred at the Default Rate.  To facilitate the Lender’s performance or observance of such covenants of the Borrower, the Borrower hereby irrevocably appoints the Lender, or the Lender’s delegate, acting alone, as the Borrower’s

 

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attorney in fact (which appointment is coupled with an interest) with the right (but not the duty) from time to time to create, prepare, complete, execute, deliver, endorse or file in the name and on behalf of the Borrower any and all instruments, documents, assignments, security agreements, financing statements, applications for insurance and other agreements and writings required to be obtained, executed, delivered or endorsed by the Borrower hereunder.

 

ARTICLE VII
  EVENTS OF DEFAULT, RIGHTS AND REMEDIES

 

Section 7.1            Events of Default.  “Event of Default”, wherever used herein, means any one of the following events:

 

(a)           Default in the payment of any Obligations when they become due and payable,;

 

(b)           Failure to pay when due any amount specified in Section 2.3 relating to the Borrower’s Obligation of Reimbursement, or failure to pay immediately when due or upon termination of the Credit Facility any amounts required to be paid for deposit in the Special Account under Section 2.4;

 

(c)           An Overadvance arises as the result of any reduction in the Borrowing Base, or arises in any manner on terms not otherwise approved of in advance by the Lender in writing;

 

(d)           Any Financial Covenant shall become inapplicable due to the lapse of time and the failure to amend any such covenant to cover future periods;

 

(e)           The Borrower or any Guarantor shall be or become insolvent, or admit in writing its or his inability to pay its or his debts as they mature, or make an assignment for the benefit of creditors; or the Borrower or any Guarantor shall apply for or consent to the appointment of any receiver, trustee, or similar officer for it or him or for all or any substantial part of its or his property; or such receiver, trustee or similar officer shall be appointed without the application or consent of the Borrower or such Guarantor, as the case may be; or the Borrower or any Guarantor shall institute (by petition, application, answer, consent or otherwise) any bankruptcy, insolvency, reorganization, arrangement, readjustment of debt, dissolution, liquidation or similar proceeding relating to it under the laws of any jurisdiction; or any such proceeding shall be instituted (by petition, application or otherwise) against the Borrower or any such Guarantor; or any judgment, writ, warrant of attachment or execution or similar process shall be issued or levied against a substantial part of the property of the Borrower or any Guarantor;

 

(f)            A petition shall be filed by or against the Borrower or any Guarantor under the United States Bankruptcy Code naming the Borrower or such Guarantor as debtor;

 

(g)           Any representation or warranty made by the Borrower in this Agreement, by any Guarantor in any Guaranty delivered to the Lender, or by the Borrower (or any of its Officers) or any Guarantor in any agreement, certificate, instrument or financial statement or other statement contemplated by or made or delivered pursuant to or in connection with this Agreement or any such guaranty shall prove to have been incorrect in any material respect when deemed to be effective;

 

37

 

(h)           The rendering against the Borrower of an arbitration award, final judgment, decree or order for the payment of money in excess of $1,000,000 and the continuance of such arbitration award, judgment, decree or order unsatisfied and in effect for any period of 30 consecutive days without a stay of execution;

 

(i)            A default under any bond, debenture, note or other evidence of material indebtedness of the Borrower owed to any Person other than the Lender, or under any indenture or other instrument under which any such evidence of indebtedness has been issued or by which it is governed, or under any material lease or other contract, and the expiration of the applicable period of grace, if any, specified in such evidence of indebtedness, indenture, other instrument, lease or contract;

 

(j)            Any Reportable Event, which the Lender determines in good faith might constitute grounds for the termination of any Pension Plan or for the appointment by the appropriate United States District Court of a trustee to administer any Pension Plan, shall have occurred and be continuing 30 days after written notice to such effect shall have been given to the Borrower by the Lender; or a trustee shall have been appointed by an appropriate United States District Court to administer any Pension Plan; or the Pension Benefit Guaranty Corporation shall have instituted proceedings to terminate any Pension Plan or to appoint a trustee to administer any Pension Plan; or the Borrower or any ERISA Affiliate shall have filed for a distress termination of any Pension Plan under Title IV of ERISA; or the Borrower or any ERISA Affiliate shall have failed to make any quarterly contribution required with respect to any Pension Plan under Section 412(m) of the IRC, which the Lender determines in good faith may by itself, or in combination with any such failures that the Lender may determine are likely to occur in the future, result in the imposition of a Lien on the Borrower’s assets in favor of the Pension Plan; or any withdrawal, partial withdrawal, reorganization or other event occurs with respect to a Multiemployer Plan which results or could reasonably be expected to result in a material liability of the Borrower to the Multiemployer Plan under Title IV of ERISA;

 

(k)           An event of default shall occur under any Security Document;

 

(l)            The Borrower shall liquidate, dissolve, terminate or suspend its business operations or otherwise fail to operate its business in the ordinary course, merge with another Person unless the Borrower is the surviving entity; or sell or attempt to sell all or substantially all of its assets, without the Lender’s prior written consent;

 

(m)          Default in the payment of any amount owed by the Borrower to the Lender other than any indebtedness arising hereunder;

 

(n)           Any Guarantor shall repudiate, purport to revoke or fail to perform any obligation under such Guaranty in favor of the Lender, or any Guarantor shall cease to exist;

 

(o)           Any event or circumstance with respect to the Borrower shall occur such that the Lender shall believe in good faith that the prospect of payment of all or any part of the Obligations or the performance by the Borrower under the Loan Documents is impaired or any material adverse change in the business or financial condition of the Borrower shall occur;

 

38

 

(p)           Any breach, default or event of default by or attributable to any Affiliate under any agreement between such Affiliate and the Lender shall occur;

 

(q)           Default in the performance, or breach, of any covenant or agreement of the Borrower contained in this Agreement, other than those identified in Sections 7.1(a) through (p) above and other than a breach of the requirements of Section 6.2, the breach of which covenant is not cured to the Lender’s satisfaction within ten (10) Banking Days, provided that Lender shall have no obligation to make an Advance during any such cure period.

 

Section 7.2            Rights and Remedies.  During any Default Period, the Lender may exercise any or all of the following rights and remedies:

 

(a)           The Lender may, by notice to the Borrower, declare the Commitment to be terminated, whereupon the same shall forthwith terminate;

 

(b)           The Lender may, by notice to the Borrower, declare the Obligations to be forthwith due and payable, whereupon all Obligations shall become and be forthwith due and payable, without presentment, notice of dishonor, protest or further notice of any kind, all of which the Borrower hereby expressly waives;

 

(c)           The Lender may, without notice to the Borrower and without further action, apply any and all money owing by the Lender to the Borrower to the payment of the Obligations;

 

(d)           The Lender may exercise and enforce any and all rights and remedies available upon default to a secured party under the UCC, including the right to take possession of Collateral, or any evidence thereof, proceeding without judicial process or by judicial process (without a prior hearing or notice thereof, which the Borrower hereby expressly waives) and the right to sell, lease or otherwise dispose of any or all of the Collateral (with or without giving any warranties as to the Collateral, title to the Collateral or similar warranties), and, in connection therewith, the Borrower will on demand assemble the Collateral and make it available to the Lender at a place to be designated by the Lender which is reasonably convenient to both parties;

 

(e)           The Lender may make demand upon the Borrower and, forthwith upon such demand, the Borrower will pay to the Lender in immediately available funds for deposit in the Special Account pursuant to Section 2.4 an amount equal to the aggregate maximum amount available to be drawn under all Letters of Credit then outstanding, assuming compliance with all conditions for drawing thereunder;

 

(f)            The Lender may exercise and enforce its rights and remedies under the Loan Documents; and

 

(g)           The Lender may exercise any other rights and remedies available to it by law or agreement.

 

39

 

Notwithstanding the foregoing, upon the occurrence of an Event of Default described in Section 7.1(e) or (f), the Obligations shall be immediately due and payable automatically without presentment, demand, protest or notice of any kind.  If the Lender sells any of the Collateral on credit, the Obligations will be reduced only to the extent of payments actually received.  If the purchaser fails to pay for the Collateral, the Lender may resell the Collateral and shall apply any proceeds actually received to the Obligations.

 

Section 7.3            Certain Notices.  If notice to the Borrower of any intended disposition of Collateral or any other intended action is required by law in a particular instance, such notice shall be deemed commercially reasonable if given (in the manner specified in Section 8.3) at least ten calendar days before the date of intended disposition or other action.

 

ARTICLE VIII
  MISCELLANEOUS

 

Section 8.1            No Waiver; Cumulative Remedies; Compliance with Laws.  No failure or delay by the Lender in exercising any right, power or remedy under the Loan Documents shall operate as a waiver thereof; nor shall any single or partial exercise of any such right, power or remedy preclude any other or further exercise thereof or the exercise of any other right, power or remedy under the Loan Documents.  The remedies provided in the Loan Documents are cumulative and not exclusive of any remedies provided by law.  The Lender will comply with any applicable state or federal law requirements in connection with a disposition of the Collateral and such compliance will not be considered adversely to affect the commercial reasonableness of any sale of the Collateral.

 

Section 8.2            Amendments, Etc.  No amendment, modification, termination or waiver of any provision of any Loan Document or consent to any departure by the Borrower therefrom or any release of a Security Interest shall be effective unless the same shall be in writing and signed by the parties hereto, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given.

 

Section 8.3            Notices; Communication of Confidential Information; Requests for Accounting.  Except as otherwise expressly provided herein, all notices, requests, demands and other communications provided for under the Loan Documents shall be in writing and shall be (a) personally delivered, (b) sent by first class United States mail, (c) sent by overnight courier of national reputation, (d) transmitted by telecopy, or (e) sent as electronic mail, in each case delivered or sent to the party to whom notice is being given to the business address, telecopier number, or e mail address set forth below next to its signature or, as to each party, at such other business address, telecopier number, or e mail address as it may hereafter designate in writing to the other party pursuant to the terms of this Section.  All such notices, requests, demands and other communications shall be deemed to be an authenticated record communicated or given and effective when received by the Lender or the Borrower, as the case may be.  All notices, financial information, or other business records sent by either party to this Agreement may be transmitted, sent, or otherwise communicated via such medium as the sending party may deem appropriate and commercially reasonable.  All requests for an accounting under Section 9-210 of the UCC (i) shall be made in a writing signed by a Person authorized under Section 2.2(a), (ii)

 

40

 

shall be personally delivered, sent by registered or certified mail, return receipt requested, or by overnight courier of national reputation, (iii) shall be deemed to be sent when received by the Lender and (iv) shall otherwise comply with the requirements of Section 9-210.  The Borrower requests that the Lender respond to all such requests that on their face appear to come from an authorized individual and releases the Lender from any liability for so responding.  The Borrower shall pay the Lender the maximum amount allowed by the UCC for responding to such requests.

 

Section 8.4            Further Documents.  The Borrower will from time to time execute, deliver, endorse and authorize the filing of any and all instruments, documents, conveyances, assignments, security agreements, financing statements, control agreements and other agreements and writings that the Lender may reasonably request in order to secure, protect, perfect or enforce the Security Interest or the Lender’s rights under the Loan Documents (but any failure to request or assure that the Borrower executes, delivers, endorses or authorizes the filing of any such item shall not affect or impair the validity, sufficiency or enforceability of the Loan Documents and the Security Interest, regardless of whether any such item was or was not executed, delivered or endorsed in a similar context or on a prior occasion).

 

Section 8.5            Costs and Expenses.  The Borrower shall pay on demand all costs and expenses, including reasonable attorneys’ fees, incurred by the Lender in connection with the Obligations, this Agreement, the Loan Documents, any Letter of Credit and any other document or agreement related hereto or thereto, and the transactions contemplated hereby, including all such costs, expenses and fees incurred in connection with the negotiation, preparation, execution, amendment, administration, performance, collection and enforcement of the Obligations and all such documents and agreements and the creation, perfection, protection, satisfaction, foreclosure or enforcement of the Security Interest.

 

Section 8.6            Indemnity.  In addition to the payment of expenses pursuant to Section 8.5, the Borrower shall indemnify, defend and hold harmless the Lender, and any of its participants, parent corporations, subsidiary corporations, affiliated corporations, successor corporations, and all present and future officers, directors, employees, attorneys and agents of the foregoing (the “Indemnitees”) from and against any of the following (collectively, “Indemnified Liabilities”):

 

(i)            Any and all transfer taxes, documentary taxes, assessments or charges made by any governmental authority by reason of the execution and delivery of the Loan Documents or the making of the Advances;

 

(ii)           Any claims, loss or damage to which any Indemnitee may be subjected if any representation or warranty contained in Section 5.14 proves to be incorrect in any respect or as a result of any violation of the covenant contained in Section 6.10(b) ; and

 

(iii)          Any and all other liabilities, losses, damages, penalties, judgments, suits, claims, costs and expenses of any kind or nature whatsoever (including the reasonable fees and disbursements of counsel) in connection with the foregoing and any other investigative, administrative or judicial proceedings, whether or not such Indemnitee shall be designated a party thereto, which may be imposed on, incurred by or asserted

 

41

 

against any such Indemnitee, in any manner related to or arising out of or in connection with the making of the Advances and the Loan Documents or the use or intended use of the proceeds of the Advances.  Notwithstanding the foregoing, the Borrower shall not be obligated to indemnify any Indemnitee for any Indemnified Liability caused by the gross negligence or willful misconduct of such Indemnitee.

 

If any investigative, judicial or administrative proceeding arising from any of the foregoing is brought against any Indemnitee, upon such Indemnitee’s request, the Borrower, or counsel designated by the Borrower and satisfactory to the Indemnitee, will resist and defend such action, suit or proceeding to the extent and in the manner directed by the Indemnitee, at the Borrower’s sole costs and expense.  Each Indemnitee will use its best efforts to cooperate in the defense of any such action, suit or proceeding.  If the foregoing undertaking to indemnify, defend and hold harmless may be held to be unenforceable because it violates any law or public policy, the Borrower shall nevertheless make the maximum contribution to the payment and satisfaction of each of the Indemnified Liabilities that is permissible under applicable law.  The Borrower’s obligation under this Section 8.6 shall survive the termination of this Agreement and the discharge of the Borrower’s other obligations hereunder.

 

Section 8.7            Participants.  The Lender and its participants, if any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants.  All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender’s participants, successors or assigns.

 

Section 8.8            Execution in Counterparts; Telefacsimile Execution.  This Agreement and other Loan Documents may be executed in any number of counterparts, each of which when so executed and delivered shall be deemed to be an original and all of which counterparts, taken together, shall constitute but one and the same instrument.  Delivery of an executed counterpart of this Agreement by telefacsimile shall be equally as effective as delivery of an original executed counterpart of this Agreement.  Any party delivering an executed counterpart of this Agreement by telefacsimile also shall deliver an original executed counterpart of this Agreement but the failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Agreement.

 

Section 8.9            Retention of Borrower’s Records.  The Lender shall have no obligation to maintain any electronic records or any documents, schedules, invoices, agings, or other papers delivered to the Lender by the Borrower or in connection with the Loan Documents for more than 30 days after receipt by the Lender.  If there is a special need to retain specific records, the Borrower must inform the Lender of its need to retain those records with particularity, which must be delivered in accordance with the notice provisions of Section 8.3 within 30 days of the Lender taking control of same.

 

Section 8.10         Binding Effect; Assignment; Complete Agreement; Sharing Information.  The Loan Documents shall be binding upon and inure to the benefit of the Borrower and the Lender and their respective successors and assigns, except that the Borrower shall not have the right to assign its rights thereunder or any interest therein without the Lender’s prior written consent.  This Agreement shall also bind all Persons who become a party to this Agreement as a borrower.  This Agreement, together with the Loan Documents, comprises the

 

42

 

complete and integrated agreement of the parties on the subject matter hereof and supersedes all prior agreements, written or oral, on the subject matter hereof.  To the extent that any provision of this Agreement contradicts other provisions of the Loan Documents, this Agreement shall control. Without limiting the Lender’s right to share information regarding the Borrower and its Affiliates with the Lender’s participants, accountants, lawyers and other advisors, the Lender and Wells Fargo Bank may share any and all information they may have in their possession regarding the Borrower and its Affiliates solely in connection with the performance of services by Lender under this Agreement.

 

Section 8.11         Severability of Provisions.  Any provision of this Agreement that is prohibited or unenforceable shall be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof.

 

Section 8.12         Headings.  Article, Section and subsection headings in this Agreement are included herein for convenience of reference only and shall not constitute a part of this Agreement for any other purpose.

 

Section 8.13         Governing Law; Jurisdiction, Venue; Waiver of Jury Trial.  The Loan Documents shall be governed by and construed in accordance with the substantive laws (other than conflict laws) of the State of Minnesota.  The parties hereto hereby (i) consent to the personal jurisdiction of the state and federal courts located in the State of Minnesota in connection with any controversy related to this Agreement; (ii) waive any argument that venue in any such forum is not convenient; (iii) agree that any litigation initiated by the Lender or the Borrower in connection with this Agreement or the other Loan Documents may be venued in either the state or federal courts located in the City of Minneapolis, Minnesota and (iv) agree that a final judgment in any such suit, action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law.

 

Section 8.14         Confidentiality.  Lender agrees that it will use its reasonable efforts not to disclose without the prior consent of the Borrower (other than to its employees, auditors, advisors or counsel, provided such Persons shall be subject to the provisions of this Section 8.14 to the same extent as the Lender) any information with respect to the Borrower which is now or in the future furnished pursuant to this Agreement or any of the Loan Documents and which is designated by the Borrower to the Lender as confidential, provided that the Lender may disclose any such information (i) as has become generally available to the public other than by virtue of a breach of this Section 8.4 by the Lender, (ii) as may be required or appropriate in any report, statement or testimony submitted to any municipal, state or Federal regulatory body having or claiming to have jurisdiction over such Lender or to the Federal Reserve Board or the Federal Deposit Insurance Corporation or similar organizations (whether in the United States or elsewhere) or their successors, (iii) as may be required or appropriate in respect to any summons or subpoena or in connection with any litigation and (iv) in order to comply with any law, order, regulation or ruling applicable to the Lender.

 

43

 

THE BORROWER AND THE LENDER WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION AT LAW OR IN EQUITY OR IN ANY OTHER PROCEEDING BASED ON OR PERTAINING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT. Borrower’s Initials                    ; Lender’s Initials                    ;

 

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

 

 

	
Christopher & Banks, Inc. 
    	
 
    	
CHRISTOPHER & BANKS, INC.
    
	
Christopher & Banks Company 
    	
 
    	
 
    
	
Christopher   & Banks Services Company 
    	
By: 
    	
/s/ Andrew K. Moller
    
	
2400 Xenium Lane 
    	
 
    	
Andrew   K. Moller 
    
	
Plymouth, Minnesota 55441 
    	
 
    	
Senior   Vice President & Chief
    
	
 
    	
 
    	
Financial   Officer 
    
	
Telecopier: 763) 551-5161 
    	
 
    	
 
    
	
Attention: Andrew K. Moller 
    	
 
    	
 
    
	
e-mail: amoller@christopherandbanks.com
    	
 
    	
 
    
	
 
    	
 
    	
CHRISTOPHER & BANKS COMPANY 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
By: 
    	
/s/ Andrew K. Moller
    
	
 
    	
 
    	
Andrew   K. Moller 
    
	
 
    	
 
    	
Senior   Vice President & Chief
    
	
 
    	
 
    	
Financial   Officer 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
CHRISTOPHER & BANKS SERVICES 
    
	
 
    	
 
    	
COMPANY   
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
By: 
    	
/s/ Andrew   K. Moller
    
	
 
    	
 
    	
Andrew   K. Moller 
    
	
 
    	
 
    	
Senior   Vice President & Chief
    
	
 
    	
 
    	
Financial   Officer 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
Wells Fargo Bank, National   Association, 
    	
 
    	
WELLS FARGO BANK, NATIONAL 
    
	
acting through its Wells Fargo   Business Credit 
    	
 
    	
ASSOCIATION, acting through its   Wells 
    
	
operating division 
    	
 
    	
Fargo Business Credit operating   division 
    
	
MAC- 9312-040 
    	
 
    	
 
    
	
Sixth   & Marquette 
    	
By: 
    	
/s/ Kerri L. Otto
    
	
Minneapolis, Minnesota 55479 
    	
 
    	
Kerri   L. Otto
    
	
Telecopier: ((612) 673-8589 
    	
 
    	
Its   Assistant Vice President
    
	
Attention: Kerri L. Otto 
    	
 
    	
 
    
	
e-mail: kerri.l.Otto@wellsfargo.com
    	
 
    	
 
    
					

 

44

 

Table of Exhibits and Schedules

 

	
Exhibit A
    	
 
    	
Form of Revolving Note
    
	
 
    	
 
    	
 
    
	
Exhibit B
    	
 
    	
Compliance Certificate
    
	
 
    	
 
    	
 
    
	
Exhibit C
    	
 
    	
Premises
    
	
 
    	
 
    	
 
    
	
Schedule 5.1
    	
 
    	
Trade Names, Chief Executive   Office, Principal Place of Business, and Locations of Collateral
    
	
 
    	
 
    	
 
    
	
Schedule 5.2
    	
 
    	
Capitalization and Organizational   Chart
    
	
 
    	
 
    	
 
    
	
Schedule 5.5
    	
 
    	
Subsidiaries
    
	
 
    	
 
    	
 
    
	
Schedule 5.7
    	
 
    	
Litigation Matters
    
	
 
    	
 
    	
 
    
	
Schedule 5.11
    	
 
    	
Intellectual Property Disclosures
    
	
 
    	
 
    	
 
    
	
Schedule 5.14
    	
 
    	
Environmental Matters
    
	
 
    	
 
    	
 
    
	
Schedule 6.3
    	
 
    	
Permitted Liens
    
	
 
    	
 
    	
 
    
	
Schedule 6.4
    	
 
    	
Permitted Indebtedness and   Guaranties
    

 

 

Exhibit A to Credit and Security Agreement

 

REVOLVING NOTE

 

	
$50,000,000.00
    	
 
    	
November 4, 2005          
    

 

For value received, the undersigned CHRISTOPHER & BANKS, INC., CHRISTOPHER & BANKS COMPANY AND CHRISTOPHER & BANKS SERVICES COMPANY, each a Minnesota corporation (the “Borrower”), hereby jointly and severally promise to pay on the Termination Date under the Credit Agreement (defined below), to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION (the “Lender”), acting through its Wells Fargo Business Credit operating division, at its office in Minneapolis, Minnesota, or at any other place designated at any time by the holder hereof, in lawful money of the United States of America and in immediately available funds, the principal sum of Fifty Million and 00/100 Dollars ($50,000,000.00) or the aggregate unpaid principal amount of all Revolving Advances made by the Lender to the Borrower under the Credit Agreement (defined below) together with interest on the principal amount hereunder remaining unpaid from time to time, computed on the basis of the actual number of days elapsed and a 360-day year, from the date hereof until this Note is fully paid at the rate from time to time in effect under the Amended and Restated Credit and Security Agreement dated the same date as this Note (the “Credit Agreement”) by and between the Lender and the Borrower.  The principal hereof and interest accruing thereon shall be due and payable as provided in the Credit Agreement.  This Note may be prepaid only in accordance with the Credit Agreement.

 

This Note is issued pursuant, and is subject, to the Credit Agreement, which provides, among other things, for acceleration hereof.  This Note is the Revolving Note referred to in the Credit Agreement.  This Note is secured, among other things, pursuant to the Credit Agreement and the Security Documents as therein defined, and may now or hereafter be secured by one or more other security agreements, mortgages, deeds of trust, assignments or other instruments or agreements.

 

The Borrower shall pay all costs of collection, including reasonable attorneys’ fees and legal expenses if this Note is not paid when due, whether or not legal proceedings are commenced.

 

A-1

 

Presentment or other demand for payment, notice of dishonor and protest are expressly waived.  Each of the undersigned is primarily liable herein as co-maker; and neither are merely “accommodation parties.”  The undersigned each waive all defenses based upon the status of an accommodation party.

 

	
 
    	
CHRISTOPHER & BANKS, INC.
    
	
 
    	
 
    	
 
    
	
 
    	
By: 
    	
 
    
	
 
    	
 
    	
Andrew   K. Moller 
    
	
 
    	
 
    	
Senior   Vice President & Chief Financial 
    
	
 
    	
 
    	
Officer   
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
CHRISTOPHER & BANKS   COMPANY 
    
	
 
    	
 
    	
 
    
	
 
    	
By: 
    	
 
    
	
 
    	
 
    	
Andrew   K. Moller 
    
	
 
    	
 
    	
Senior   Vice President & Chief Financial 
    
	
 
    	
 
    	
Officer   
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
CHRISTOPHER & BANKS   SERVICES 
    
	
 
    	
COMPANY 
    
	
 
    	
 
    	
 
    
	
 
    	
By: 
    	
 
    
	
 
    	
 
    	
Andrew   K. Moller 
    
	
 
    	
 
    	
Senior   Vice President & Chief Financial 
    
	
 
    	
 
    	
Officer   
    

 

A-2

 

Exhibit B to Credit and Security Agreement

 

COMPLIANCE CERTIFICATE

 

	
To:
    	
Wells Fargo Business Credit
    
	
Date:
    	
                      ,   20
    
	
Subject:
    	
Financial Statements
    

 

In accordance with our Amended and Restated Credit and Security Agreement dated as of November 4, 2005 (the “Credit Agreement”), attached are the financial statements of  (the “Borrower”) as of and for                  , 20    (the “Reporting Date”) and the year-to-date period then ended (the “Current Financials”).  All terms used in this certificate have the meanings given in the Credit Agreement.

 

I certify that the Current Financials have been prepared in accordance with GAAP, subject to year-end audit adjustments, and fairly present the Borrower’s financial condition as of the date thereof.

 

I further hereby certify as follows: Events of Default.  (Check one):

 

o            The undersigned does not have knowledge of the occurrence of a Default or Event of Default under the Credit Agreement except as previously reported in writing to the Lender.

 

o            The undersigned has knowledge of the occurrence of a Default or Event of Default under the Credit Agreement not previously reported in writing to the Lender and attached hereto is a statement of the facts with respect to thereto. The Borrower acknowledges that pursuant to 2.5(b) of the Credit Agreement, the Lender may impose the Default Rate at any time during the resulting Default Period.

 

Material Adverse Change in Litigation Matters of the Borrower.  I further hereby certify as follows (check one):

 

o                          The undersigned has no knowledge of any material adverse change to the litigation exposure of the Borrower or any of its Guarantors or Affiliates.

 

o                          The undersigned has knowledge of material adverse changes to the litigation exposure of the Borrower or any of its Guarantors or Affiliates not previously disclosed in Schedule 5.7. Attached to this Certificate is a statement of the facts with respect thereto.

 

Financial Covenants.  I further hereby certify as follows (check and complete each of the following):

 

1.             Minimum Cash Flow; Maximum Cash on Hand.  Pursuant to Section 6.2(a) of the Credit Agreement, as of the Reporting Date, the Borrower’s Cash Flow was $

 

B-1

 

which o satisfies o does not satisfy the requirement that such amount be not less than $0 on the Reporting Date, or such Cash Flow was less than $0 but the Borrower’s cash and cash equivalents as of such date o satisfies o does not satisfy the requirement that such amount be not less than the amount set forth in the table below:

 

	
Period
    	
 
    	
Minimum Cash and Cash Equivalents
    	
 
    
	
End of   first fiscal quarter
    	
 
    	
$
    	
20,000,000
    	
 
    
	
End of   second fiscal quarter
    	
 
    	
$
    	
15,000,000
    	
 
    
	
End of   third fiscal quarter
    	
 
    	
$
    	
10,000,000
    	
 
    
	
End of   fourth fiscal quarter
    	
 
    	
$
    	
25,000,000
    	
 
    

 

2.             Minimum Inventory Turns Ratio.  Pursuant to Section 6.2(b) of the Credit Agreement, as of the Reporting Date, the Borrower’s Inventory Turns Ratio was      to 1:00 which o satisfies o does not satisfy the requirement that such ratio be no less than  3.00 to 1.00 on the Reporting Date.

 

Attached hereto are all relevant facts in reasonable detail to evidence, and the computations of the financial covenants referred to above.  These computations were made in accordance with GAAP.

 

	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
 
    
	
 
    	
 
    	
 
    	
Its Chief Financial Officer
    

 

B-2

 

Exhibit C to Credit and Security Agreement

 

PREMISES

 

The Premises referred to in the Credit and Security Agreement are as follows:

 

1.  Headquarters and Distribution Center:

 

2400 Xenium Lane North

 

Plymouth, Minnesota 55441

 

2.  Stores:

 

See attached spreadsheets.

 

 

102           White Bear Center
 4395 Lake Avenue South
 White Bear Lake, MN 55110
 651-426-4042

 

103           Woodbury Lakes Bldg A
 9100 Hudson Road Suite #112
 Woodbury, MN 55125
 651-264-0123

 

105           Central Square Mall
 201 NW 4th Street
 Grand Rapids, MN 55744
 218-326-4330

 

106           Northgate Mall
 9483 Colerain Avenue
 Cincinnati, OH 45251
 513-245-0564

 

108           Southdale Center
 2330 Southdale Center
 Edina, MN 55435
 952-920-1830

 

109           Arbor Lakes #Bldg 14
 7876 Main Street North
 Maple Grove, MN 55369
 763-773-2000

 

110           Northtown Mall
 232 Northtown Drive
 Blaine, MN 55434
 763-786-0310

 

111           Maplewood Mall
 3001 White Bear Avenue
 Suite 2014
 Maplewood, MN 55109
 651-770-3921

 

112           Crossroads Shopping Center
 4101 West Division St. Suite B37
 St. Cloud, MN 56301-6601
 320-253-0170

 

113           Washington Square Mall
 815 Lake Avenue
 Detroit Lakes, MN 56501
 218-847-4958

 

115           Columbia Mall #427
 2800 Columbia Road
 Grand Forks, ND 58201
 701-772-6637

 

116           Rapids Mall
 555 West Grand Ave. B-4
 Wisconsin Rapids, WI 54495
 715-421-2730

 

117           Paul Bunyan Mall
 1401 Paul Bunyan Drive NW
 Bemidji, MN 56601
 218-751-5812

 

118           Prairie Hills Mall
 1681 3rd Ave W
 Dickinson, ND 58601
 701-225-6896

 

119           Southtown Center #511
 7833 Southtown Center
 Bloomington, MN 55431
 952-886-9053

 

120           Westdale Mall
 2600 Edgewood Road SW
 Cedar Rapids, IA 52404
 319-396-3257

 

121           Southpoint Pavilions #L-17
 2940 Pine Lake Road, Suite O
 Lincoln, NE 68516
 402-420-6888

 

122           West Acres Mall
 I-29 and 13th Avenue South
 Fargo, ND 58103
 701-282-9308

 

124           Holiday Mall
 425 COLLEGE DRIVE S STE #6
 DEVILS LAKE, ND 58301
 701-662-5095
 (must be in all caps where shown)

 

126          Crossroads Mall
 217 S. 25th Street (C4)
 Fort Dodge, IA 50501
 515-955-5282

 

127           Dakota Square
 214 Dakota Square
 Minot, ND 58701
 701-852-2444

 

128           Valley View Mall #121
 3800 State Rd 16
 LaCrosse, WI 54601-1898
 608-781-0560

 

129           The Village of Blaine #314
 4255 Pheasant Ridge Drive
 Blaine, MN 55449
 763-783-7251

 

130           Kirkwood Plaza
 630 Kirkwood Plaza
 Bismarck, ND 58504
 701-222-2993

 

132           Crossroads Mall #209
 2060 Crossroads Blvd.
 Waterloo, IA 50702
 319-226-3211

 

133           Westfield Mall-Gateway
 320 Gateway Mall #516
 Lincoln, NE 68505
 402-467-2593

 

135           Southpark Mall
 4500 16th Street
 Moline, IL 61265
 309-762-9338

 

136           Southern Hills Mall
 4400 Sergeant Road, Suite 402
 Sioux City, IA 51106-4752
 712-274-2633

 

137          Northpark Mall
 320 West Kimberly Road
 Davenport, IA 52806
 563-386-4924

 

138           Rosedale Mall #593
 342 Rosedale Center
 Roseville, MN 55113
 651-634-4022

 

 

139           Independence Center, #1152
 18805 East 39th
 Independence, MO 64057
 816-795-9309

 

140           Bay Park Square
 251 Bay Park Square
 Green Bay, WI 54304
 920-499-2978

 

141           Regency Mall
 5630 Durand Avenue
 Racine, WI 53406
 262-554-0275

 

142           Westland Mall
 550 South Gear Ave., Suite #42
 West Burlington, IA 52655
 319-753-6555

 

143           Kandi Mall
 1605 South 11th Street
 Willmar, MN 56201
 320-235-0616

 

144           Capital Mall
 3600 Country Club Drive
 Jefferson City, MO 65109
 573-893-4575

 

146           Frontier Mall
 1400 Del Range Boulevard
 Cheyenne, WY 82001
 307-638-4461

 

147           The Kennedy Mall #638
 555 John F. Kennedy Road
 Dubuque, IA 52002
 563-582-4033

 

148           Crossroads Mall #1130
 1130 Crossroads Blvd.
 Oklahoma City, OK 73149
 405-631-3783

 

149           Silver Lake Mall #117
 200 W. Hanley Avenue
 Coeur D’Alene, ID 83814
 208-762-4522

 

150           Kaleidoscope
 655 Walnut, Suite #228
 Des Moines, IA 50309
 515-243-4485

 

151           Eden Prairie Center #1140
 8251 Flying Cloud Dr.
 Eden Prairie, MN 55344
 952-943-0255

 

152           Southbridge Mall
 100 South Federal #309
 Mason City, IA 50401
 641-423-2849

 

153           Lakewood Mall #21
 3315 6th Avenue SE
 Aberdeen, SD 57402
 605-226-1556

 

154           Oakpark Mall #212
 1301 NW 18th Avenue
 Austin, MN 55912
 507-437-8541

 

155           Janesville Mall
 2500 Milton Avenue
 Janesville, WI 53545
 608-752-3042

 

156           East Ridge Mall
 601 Wyoming Boulevard #283
 Casper, WY 82609
 307-265-0660

 

157           East Town Mall #15
 2350 East Mason
 Green Bay, WI 54302
 920-468-4061

 

158           Burnsville Center
 2022 Burnsville Center
 Burnsville, MN 55306
 952-435-1717

 

159           Merle Hay Mall
 3800 Merle Hay Rd., Suite #920
 Des Moines, IA 50310
 515-270-9688

 

160           Green Bay Plaza #6F
 807 S Military
 Green Bay, WI 54303
 920-490-0639

 

161           Viking Plaza #B-4
 3015 Highway 29 South
 Alexandria, MN 56308
 320-762-0472

 

162           New Towne Mall #317
 400 Mill Avenue S.E.
 New Philadelphia, OH 44663
 330-308-9403

 

163           Greeley Mall
 1955 Greeley Mall
 Greeley, CO 80631
 970-356-5009

 

164           Great Northern Mall
 524 Great Northern Mall
 North Olmsted, OH 44070
 440-716-8284

 

165           Wausau Center
 C324 Wausau Center
 Wausau, WI 54403
 715-848-3464

 

166           Great Northern Mall
 4155 Route 31
 Clay, NY 13041
 315-622-2829

 

167           Marshalltown Mall
 2500 South Center Street
 Marshalltown, IA 50158
 641-753-0631

 

168           Manhattan Towne Center
 100 Manhattan Towne Ctr. #270
 Manhattan, KS 66502
 785-539-8202

 

169           Jordan Creek Town Center
 101 Jordan Creek Parkway
 Suite 11280
 West Des Moines, IA 50266
 515-223-0631

 

170           Time Square
 7605 148th Street
 Apple Valley, MN 55124
 952-432-9287

 

171           Northland Mall
 954 West Northland Avenue
 Appleton, WI 54911
 920-739-1099

 

172           Forest Mall
 835 West Johnson Street
 Fond du Lac, WI 54935
 920-922-2133

 

 

173           North Grand Mall
 2801 Grand Avenue
 Ames, IA 50010
 515-232-2018

 

174           Beaver Valley Mall #344
 Monaca, PA 15061
 724-775-5088

 

175           College Square Mall
 1140 College Square Mall
 Cedar Falls, IA 50613
 319-277-6397

 

176           Fair Oaks Mall
 2284 25th Street
 Columbus, IN 47201
 812-372-0965

 

177           Alton Square #A09
 116 Alton Square
 Alton, IL 62002
 618-463-2350

 

178           Fox River Mall #322
 4301 West Wisconsin
 Appleton, WI 54913
 920-733-2331

 

179           Valley West Mall
 1551 Valley West Dr., #235
 West Des Moines, IA 50266
 515-223-0312

 

180           Hickory Point Mall
 1125 Hickory Point Mall
 Forsyth, IL 62535
 217-875-3867

 

181           Westfield Southlake MaIl
 1955 Southlake Mall
 Merrillville, IN 46410
 219-736-6007

 

182           1308 Spring Hill Mall
 West Dundee, IL 60118
 847-426-3635

 

183           111 Conestoga Mall
 3404 West 13th Street
 Grand Island, NE 68803
 308-381-2824

 

184           Lima Mall #158
 2400 Elida Road
 Lima, OH 45805
 419-221-1031

 

185           Summit Mall #140
 3265 West Market Street
 Akron, OH 44333
 330-869-9356

 

186           Lindale Mall
 4444 1st Avenue NE #142
 Cedar Rapids, IA 52402
 319-393-5764

 

187           Montclair Center
 13029 West Center Road
 Omaha, NE 68144
 402-333-0805

 

188           Eastland Mall #312
 800 No. Green River Road
 Evansville, IN 47715
 812-477-0840

 

189           Mall of the Bluffs #302
 1751 Madison Avenue
 Council Bluffs, IA 51501
 712-322-6276

 

190           Oakwood Mall

4800 Golf Road
 Eau Claire, WI 54701
 715-834-2928

 

191           East Towne Mall
 48 East Towne Mall, #D-404
 Madison, WI 53704
 608-249-7712

 

192          127 Central Mall
 2259 South 9th Street
 Salina, KS 67401
 785-823-6114

 

195           Westfield Chesterfield #267
 267 Westfield Chesterfield
 Chesterfield, MO 63017
 636-536-2710

 

196           Village Mall
 2917 North Vermilion
 Danville, IL 61832
 217-443-4233

 

197           River Valley Mall #709
 1635 River Valley Circle
 Lancaster, OH 43130
 740-687-1746

 

198           Chapel Hill Mall #211
 2000 Brittain Road
 Akron, OH 44310
 330-634-1397

 

200           Huntington Mall #840
 P.O. Box 4005
 Barboursville, WV 25504-4000
 304-733-2901

 

201           Coral Ridge Mall #312
 1451 Coral Ridge Avenue
 Iowa City, IA 52241
 319-625-2803

 

202           White Oaks Mall #A-03
 2501 W. Wabash Avenue
 Springfield, IL 62704
 217-726-5530

 

203           Miller Hill Mall #I-3
 1600 Miller Trunk Highway
 Duluth, MN 55811
 218-720-3490

 

204          Meridian Mall #553
 1982 W. Grand River Avenue
 Okemos, MI 48864
 517-347-1671

 

206           Eastland Mall #D-40
 2739 S. Hamilton Road
 Columbus, OH 43232
 614-861-9511

 

207           Twin Peaks Mall
 1250 S. Hover Road Suite #75
 Longmont, CO 80501
 303-485-5345

 

208           Brookfield Square Mall #D-42
 95 North Moorland Road
 Brookfield, WI 53005
 262-796-1567

 

209           Commerce Center
 2232 Commerce Boulevard
 Mound, MN 55364
 952-472-8040

 

 

210           Parmatown Mall #73
 7953 W. Ridgewood Drive
 Parma, OH 44129
 440-845-4457

 

211           Huron Mall
 1000 18th Street SW
 Huron, SD 57350
 605-352-1529

 

212           Chapel Hills Mall #413
 1710 Briargate Blvd.
 Colorado Springs, CO 80920
 719-528-6504

 

213           Hutchinson Mall #B-9
 1500 East 11th Street
 Hutchinson, KS 67501
 620-665-0058

 

214           Nittany Mall #607-608
 East College Avenue
 State College, PA 16801
 814-867-0898

 

215           Viewmont Mall #774
 Scranton, PA 18508
 570-344-5142

 

216           Westshore Mall
 12331 James Street, Suite 128
 Holland, MI 49424
 616-393-0155

 

217           Empire Mall
 4001 West 41st Street #840
 Sioux Falls, SD 57106-6512
 605-361-7405

 

218           Sandburg Mall
 1150 West Carl Sandburg Drive
 Galesburg, IL 61401
 309-344-1284

 

219           Faribo West Mall
 200 Western Avenue Suite B4
 Faribault, MN 55021
 507-332-0536

 

220           Morgantown Mall
 9913 Mall Road
 Morgantown, WV 26501
 304-983-6613

 

221           232 Birchwood Mall
 4350 24th Avenue
 Fort Gratiot, MI 48059
 810-385-7640

 

222           The Mall at Greece Ridge #H-19a
 257 Greece Ridge Center Drive
 Rochester, NY 14626
 585-227-0490

 

223           River Hills Mall
 1850 Adams Street, #214
 Mankato, MN 56001-4840
 507-345-1951

 

225           #84 Quincy Place Mall
 1110 Quincy Avenue
 Ottumwa, IA 52501
 641-683-1315

 

226           Ashland Town Center #178
 500 Winchester Ave.
 Ashland, KY 41101
 606-326-0721

 

227           West Gate Mall

14136 Baxter Drive
 Baxter, MN 56425
 218-828-8399

 

228           #57 Watertown Mall
 1300 9th Avenue SE
 Watertown, SD 57201
 605-886-2195

 

230           Apache Mall Space #1070
 333 Apache Mall
 Rochester, MN 55902
 507-281-2011

 

232          Grand Traverse Mall #410
 3200 S. Airport Road West
 Traverse City, MI 49684
 231-935-4433

 

233           Mall of America #266/270
 270 South Boulevard
 Bloomington, MN 55425
 952-858-8512

 

234           Cedar Mall
 2900 South Main
 Rice Lake, WI 54868
 715-234-4672

 

235           Northland Mall
 1635 Oxford Street
 Worthington, MN 56187
 507-376-3888

 

237           Thunderbird Mall
 1535 Thunderbird Mall
 Menomonie, WI 54751
 715-235-1788

 

238           Thunderbird Mall
 1427 S. 12th Avenue
 Virginia, MN 55792-3247
 218-741-8767

 

239           York Galleria #157
 157 York Galleria
 2899 Whiteford Road
 York, PA 17402
 717-757-5676

 

240           Hilltop Mall
 5003 North Second Ave., Suite 5
 Kearney, NE 68848
 308-234-9765

 

241           Sunset Plaza #37
 1700 Market Lane
 Norfolk, NE 68701
 402-379-1082

 

242          Hutchinson Mall #36
 1060 Hwy 15 South
 Hutchinson, MN 55350
 320-234-7443

 

244           Cary Town Center #150
 1105 Walnut St.
 Cary, NC 27511-4791
 919-468-8727

 

245           Center Point Mall
 1201 3rd Court. Suite D-50
 Stevens Point, WI 54481
 715-341-9877

 

246           Southridge Mall
 1111 E. Army Post Rd. #128
 Des Moines, IA 50315
 515-285-1428

 

 

248           Copper Country Mall
 47420 State Hwy M-26
 Houghton, MI 49931
 906-482-4010

 

249           Imperial Mall
 3001 W. 12th Suite 37
 Hastings, NE 68901
 402-463-2233

 

250           Monument Mall
 2302 Frontage Rd. #2
 Scotts Bluff, NE 69361
 308-635-1125

 

251           Pierre Mall
 1615 North Harrison
 Pierre, SD 57501
 605-224-1134

 

252           Magic Valley Mall
 1485 Pole Line Rd. E. #253
 Twin Falls, ID 83301
 208-733-9456

 

253           Grand Teton Mall, Space #147
 2300 East 17th Street. Suite 54
 Idaho Falls, ID 83404
 208-525-8187

 

254           Boise Towne Square
 350 N. Milwaukee #1041
 Boise, ID 83704
 208-322-7442

 

255           Rimrock Mall
 300 S. 24th St. W. #B-1
 Billings, MT 59102
 406-652-4324

 

259           Red Wing Mall
 160 Tyler Road North
 Red Wing, MN 55066
 651-385-0377

 

260           Buffalo Mall
 Hwy 281 South & 25th St. SW
 Jamestown, ND 58402
 701-251-9362

 

261           Holiday Village Mall
 1200 Tenth Avenue South
 Great Falls, MT 59405
 406-452-7950

 

262           Bay City Mall
 4101 Wilder Road
 Bay City, MI 48706
 989-667-4810

 

263           Southpark Mall
 901 11th Street SW
 Spencer, IA 51301
 712-262-1762

 

264           Yankton Mall
 2101 Broadway
 Yankton, SD 57078
 605-665-4136

 

265           Pine Tree Mall
 2716 Roosevelt Road
 Marinette, WI 54143
 715-732-0644

 

266           Towne West Square
 4600 West Kellogg
 Wichita, KS 67209
 316-945-2700

 

267           Lakeview Square
 5775 Beckley Road
 Battle Creek, MI 49015
 269-979-8828

 

268           Winona Mall
 1213 Gilmore
 Winona, MN 55987
 507-453-0405

 

269           Penn Central Mall
 200 High Avenue West Ste. #25
 Oskaloosa, IA 52577
 641-673-7540

 

270          Southern Park Mall
 7401 Market Street #221a
 Youngstown, OH 44512
 330-758-0992

 

271           Village Square
 2601 Central
 Dodge City, KS 67801
 620-227-6959

 

272           Garden City Plaza
 2214 East Kansas
 Garden City, KS 67846
 620-272-0922

 

273           Westwood Mall #776
 1850 W. Michigan Ave.
 Jackson, MI 49202
 517-841-9302

 

274           Rogers Plaza
 1024 Rogers Plaza Southwest
 Wyoming, MI 49509
 616-531-1342

 

275           Provo Towne Center
 1200 Provo Town Center
 Blvd #1000
 Provo, UT 84603
 801-852-2873

 

276           Memorial Mall
 3347 Kohler Memorial Drive
 Sheboygan, WI 53081
 920-451-4643

 

277           Delta Plaza Shopping Center
 301 North Lincoln Road
 Escanaba, MI 49829
 906-789-4296

 

278           Foothills Fashion Mall
 215 East Foothills Parkway, B-9
 Fort Collins, CO 80525
 970-226-3742

 

279          Centrum Plaza
 915 Short Street
 Decorah, IA 52101
 563-382-0093

 

280           Moorhead Center Mall
 512 Center Avenue
 Moorhead, MN 56560
 218-233-6649

 

281           Eastview Mall
 150 Eastview Mall #B-8
 Victor, NY 14564
 585-421-3800

 

282           Westgate Mall
 515 North Adams Suite #223
 Carroll, IA 51401
 712-792-0035

 

283           Northtown Mall #B105
 4750 Division Street
 Spokane, WA 99207
 509-487-5001

 

 

284           Capitol Hill Mall
 1600 11th Avenue
 Helena, MT 59601
 406-442-6006

 

285           Pueblo Mall
 3539 Dillon Drive
 Pueblo, CO 81008
 719-542-9227

 

286           Washington Park Mall
 2350 SE Washington Blvd.
 Bartlesville, OK 74006
 918-335-2249

 

287           Market Street Mall
 1420 East College Drive
 Marshall, MN 56258
 507-532-0014

 

288           Butte Plaza Mall E. #6
 3100 Harrison Avenue
 Butte, MT 59701
 406-494-8385

 

289           Karcher Mall
 1509 Caldwell Blvd.
 Nampa, ID 83651
 208-466-0130

 

290           Peru Mall — Suite H-5
 3940 Route U.S. 251
 Peru, IL 61354
 815-223-1065

 

291           Pioneer Square Shopping Ctr.
 725 North Perkins Road
 Stillwater, OK 74075
 405-743-4510

 

292           Northway Shopping Center
 503 East Ives Street
 Marshfield, WI 54449
 715-384-9412

 

293           Wenatchee Valley Mall
 511 Valley Mall Park—Way
 East Wenatchee, WA 98802
 509-886-5606

 

294           Central Mall
 5111 Rogers Avenue
 Ft. Smith, AR 72903
 479-484-7167

 

295           Miami Valley Centre
 987 East Ash Street
 Piqua, OH 45356
 937-773-5545

 

296           South Towne Center #1224
 10450 South State
 Sandy, UT 84070
 801-553-1264

 

297           Northwest Arkansas Mall
 4201 No. Shiloh Dr. #115
 Fayetteville, AR 72703
 479-442-3767

 

298           Boulevard Mall
 1281 Niagra Falls Blvd.
 Amherst, NY 14226
 716-831-0013

 

299           Francis Scott Key Mall #252
 5500 Buckeystown Pike
 Frederick, MD 21703
 240-379-7569

 

300           Paradise Valley Mall
 4550-72 E. Cactus Rd.
 Phoenix, AZ 85032
 602-992-1672

 

301           Glenwood Springs Mall D5
 51027 Hwy 6 &24
 Glenwood Springs, CO 81601
 970-945-7034

 

302           Susquehanna Valley Mall #C6
 Rtes 11&15
 Selinsgrove, PA 17870
 570-374-6364

 

303           Bangor Mall #F9/F11
 663 Stillwater Ave.
 Bangor, ME 04401
 207-942-0967

 

304           Wilton Mall at Saratoga #E-14
 3065 Rt. 50
 Saratoga Springs, NY 12866
 518-581-2591

 

305           Rotterdam Square Mall #G14
 93 West Campbell Rd. #6050
 Schenectady, NY 12306
 518-346-9259

 

306           Shopping Town Mall #2-B
 3649 Erie Blvd East
 DeWitt, NY 13214
 315-446-0345

 

307           Springfield Mall #2U
 1250 Baltimore Pike
 Springfield, PA 19064
 610-543-8030

 

308           Triangle Town Center BU2032 & BU2036
 5959 Triangle Town Blvd.
 Raleigh, NC 27616
 919-792-2838

 

309           The Citadel #2202
 750 Citadel Drive East
 Colorado Springs, CO 80909
 719-597-8882

 

310           West Ridge Mall #F17
 1801 Wanamaker Road
 Topeka, KS 66604
 785-271-1459

 

311           Westfield Shopping Towns #776
 470 Lewis Ave
 Meriden, CT 06451
 203-238-9776

 

312           Westfield Shopping Towns #55
 90 Elm Street
 Enfield, CT 06082
 860-741-8484

 

313           Northgate Mall#747a
 401 NE Northgate Way
 Seattle, WA 98125
 206-366-2821

 

314           Valley Mall #312
 1925 E Market Street
 Harrisonburg, VA 22801
 540-442-8388

 

315           Meadowbrook Mall #330
 2399 Meadowbrook Road
 Bridgeport, WV 26330
 304-842-3800

 

 

316           Westfield Shopping Towns-
  Richland #B4
 687 Richland Mall
 Mansfield, OH 44906
 419-529-5462

 

318           Apple Blossom Mall #S149
 1850 Apple Blossom Dr.
 Winchester, VA 22601
 540-665-9560

 

319           Fort Steuben Mall #Al2
 100 Mall Drive
 Steubenville, OH 43952
 740-346-0722

 

320           Tippecanoe Mall #B09
 2415 Sagamore Parkway South
 Lafayette, IN 47905
 765-449-8471

 

321           Honey Creek Mall #D4a
 3401 South US Hwy 41
 Terre Haute, IN 47802
 812-238-9631

 

322           Novi Town Center #43151
 43151 Crescent Blvd.
 Novi, MI 48375
 248-347-1721

 

323           Platte River Mall #40&50
 1000 S. Dewey
 North Platte, NE 69101
 308-534-0162

 

324           Arnot Mall
 3300 Chambers Rd Ste. #5104
 Horseheads, NY 14845
 607-739-6167

 

325           Riverdale Village, Suite 101
 12771 Riverdale Blvd
 Coon Rapids, MN 55448
 763-421-0830

 

326           Rockford Rd. Plaza #125 & 128
 4190 Vinewood Lane N.
 Plymouth, MN 55442
 763-744-1049

 

327           Gurnee Mills #761
 6170 Grand Ave
 Gurnee, IL 60031
 847-855-1380

 

328           Centerpointe Mall #8B2
 3655 28th St SE
 Grand Rapids, MI 49512
 616-285-1993

 

329           Chautauqua Mall #626
 318 E Fairmont Ave.
 Lakewood, NY 14750
 716-763-8664

 

330           Great Lakes Mall #514
 7850 Mentor Ave.
 Mentor, OH 44060
 440-205-0571

 

331           Mercer Mall #720
 US 460 & WV 25
 Bluefield, WV 24701
 304-327-8929

 

332           New River Valley Mall #828
 782 New River Rd
 Christiansburg, VA 24073
 540-381-9560

 

333           Crossroads Mall #C4&C5
 89 Crossroads Mall
 Mt. Hope, WV 25880
 304-250-0046

 

334           College Mall #CO4B(a)
 2864 East 3rd Street
 Bloomington, IN 47407
 812-336-0402

 

335           The Mall at Robinson
 2830 Robinson Centre Drive
 Pittsburgh, PA 15205
 412-494-4909

 

336           Colonie Center #286
 131 Colonie Center
 Albany, NY 12205
 518-482-1157

 

337           Polaris Fashion Place #2236
 1500 Polaris Parkway
 Columbus, OH 43240
 614-888-9242

 

338           Ashtabula Mall #415
 3315 North Ridge E Unit 415
 Ashtabula, OH 44004
 440-992-4509

 

339           Charlestowne Mall #F105
 3800 E Main St
 St. Charles, IL 60174
 630-443-8972

 

340           Greenwood Park Mall #CO2
 1251 US 31 North/Box 187
 Greenwood, IN 46142
 317-882-1364

 

341           Castleton Square #330
 6020 E 82nd Street
 Indianapolis, IN 46250
 317-849-6291

 

342           River Ridge Mall #F265
 3405 Candlers Mountain Road
 Lynchburg, VA 24502
 434-239-5500

 

343           Valley View Mall #LF265
 4802 Valley View Blvd NW
 Roanoke, VA 24012
 540-777-0128

 

344           Northwoods Mall #AL05
 2200 West War Memorial Drive
 Peoria, IL 61613
 309-679-0480

 

345           Berkshire Mall #A106
 SWC Old State Road
 Lanesboro, MA 01237
 413-496-9300

 

346           Crossgates Mall #N108
 1 Crossgates Mall Road
 Albany, NY 12203
 518-456-0154

 

347           Holyoke Mall at Ingleside #H-309
 50 Holyoke Street
 Holyoke MA 01040
 413-532-7337

 

348           Independence Mall #C118
 101 Independence Mall Way
 Kingston, MA 02364
 781-422-0138

 

349           Fort Henry Mall #E4
 2101 Fort Henry Drive
 Kingsport, TN 37664
 423-245-5583

 

 

350           Poughkeepsie Galleria #A115
 790 South Road
 Poughkeepsie, NY 12601
 845-298-0668

 

351           Hudson Valley Mall #A06
 1300 Ulster Ave, Suite 303
 Kingston, NY 12401
 845-336-5725

 

352           Midway Mall
 3250 Midway Mall
 Elyria, OH 44035
 440-324-2922

 

353           Galleria at Crystal Run #D206
 1 Galleria Dr
 Middletown, NY 10941
 845-692-6679

 

354           Champlain Center #D110
 60 Smithfield Blvd
 Plattsburgh, NY 12901
 518-561-8674

 

355           Pyramid Mall of Ithaca #F09
 40 Catherwood Road
 Ithica, NY 14850
 607-257-7705

 

356           Belden Village Mall #C-14
 4156 Belden Village Mall
 Canton, OH 44718
 330-493-9590

 

357           Salmon Run Mall #B105
 1300 Arsenal Street
 Watertown, NY 13601
 315-779-8100

 

358           Crestwood Center #416
 416 Crestwood Plaza
 St. Louis, MO 63126
 314-963-3443

 

359           Adrian Mall #1254
 1357 S Main St
 Adrian, MI 49221
 517-266-0174

 

360           Lakewood City Commons
 #Bldg L, Ste A
 7700 West Virginia Ave
 Lakewood, CO 80226
 720-962-4772

 

361           Marketplace at Northglenn #Bldg 5
 331A West 104th Ave
 Northglenn, CO 80234
 720-929-9950

 

362           Flatiron Crossing #1004
 One West Flat Iron Circle
 Broomfield, CO 80021
 303-469-3923

 

363           Columbia Mall #126
 2300 Bernadette Dr
 Columbia, MO 65203
 573-445-7245

 

364           Valley River Center #E8
 214 Valley River Center
 Eugene, OR 97401
 541-431-4646

 

365           Valley Mall #A10
 2529 Main Street Suite #117
 Union Gap, WA 98903
 509-469-5544

 

366           Towne East Square #P05
 7700 E Kellog Dr.
 Wichita, KS 67207

316-652-7800

 

367           West Town Mall #1123
 7600 Kingston Pike
 Knoxville, TN 37919
 865-539-0993

 

368           McKinley Mall #808
 3701 McKinley Pkwy
 Buffalo, NY 14219
 716-825-2153

 

369           SouthMall #516a
 3300 S. Lehigh St.
 Allentown, PA 18103
 610-797-2238

 

370           Colorado Mills #456
 14500 West Colfax Avenue
 Lakewood, CO 80401
 303-590-1448

 

371           Tyrone Square #846a
 6924 Tyrone Square
 St. Petersburg, FL 33710
 727-343-3478

 

372           Arapahoe Crossing #101
 6616 Parker
 Aurora, CO 80016
 303-617-7621

 

373           The Galleria #218
 500 Galleria Drive
 Johnstown, PA 15904
 814-262-9001

 

374           Paddock Mall #454a
 3100 College Road
 Ocala, FL 34474
 352-861-5299

 

375           Spotsylvania Mall #850
 137 Spotsylvania Mall
 Fredericksburg, VA 22407
 540-786-9911

 

376           Port Charlotte Town Center #215
 1441 Tamiami Trail
 Port Charlotte, FL 33948
 941-255-3399

 

377           Governor’s Square Mall #670
 2801 Wilma Rudolph Blvd.
 Clarksville, TN 37040
 931-221-0102

 

378           Seminole Towne Center #F03a
 200 Towne Center Circle
 Sanford, FL 32771
 407-330-0488

 

379           The Shops at Evergreen Walk
 Space #TS103
 101 Evergreen Way #115
 S. Windsor, CT 06074
 860-644-7726

 

380           Flagstaff Mall #F26
 4650 N. Hwy 89
 Flagstaff, AZ 86004
 928-714-1187

 

381           Coventry Mall #H2
 Rtes. 724 & 100 By-Pass
 Pottstown, PA 19465
 610-327-4512

 

 

382           St. Clair Square #176
 134 St. Clair Square
 Fairview Heights, IL 62208
 618-622-3564

 

383           Animas Valley Mall #470
 4601 E. Main Street
 Farmington, NM 87402
 505-326-0179

 

384           White Mountain Mall #1129
 2441 Foothill Blvd.
 Rock Springs, WY 82901
 307-362-7596

 

385           Part City Center #E575
 575 Park City Center
 Lancaster, PA 17601
 717-207-0741

 

386           Prescott Gateway #1064
 3250-1064 Gateway Blvd.
 Prescott, AZ 86303
 928-708-0569

 

387           The Shops at Boardwalk #SP18
 8630 North Boardwalk Ave
 Kansas City, MO 64154
 816-505-4664

 

388           Clearview Mall #730+735
 101 Clearview Circle #735
 Butler, PA 16001
 724-283-1069

 

389           Greenway Station #K106
 1651 Demingway Suite #106
 Middleton, WI 53562
 608-831-0605

 

390           Mall of New Hampshire #E111
 1500 S. Willow Street
 Manchester, NH 03103
 603-626-8887

 

391           Clackamas Town Center #1048
 12000 SE 82rd Avenue
 Portland, OR 97266
 503-353-0750

 

392           Patrick Henry Mall #411
 12300 Jefferson Avenue
 Newport News, VA 23602
 757-882-1050

 

393           TownMall of Westminster #241
 400 North Center Street
 Westminster, MD 21157
 410-871-3230

 

394           Uniontown Mall #P728
 1728 Mall Run Road
 Uniontown, PA 15401
 724-434-5360

 

395           Auburn Mall S108
 385 Southridge Street
 Auburn, MA 01501
 508-832-4005

 

396           Fox Run #G28
 50 Fox Run Rd.
 Newington, NH 03801
 603-431-9470

 

397           Emerald Square Mall #W241 & E243
 999 S Washington Street
 North Attleboro, MA 02760
 508-643-9199

 

398           Phillipsburg Mall #207 & 208
 1200 Hwy 22 East
 Phillipsburg, NJ 08865
 908-454-0330

 

399           The Mall at Whitney Field #14
 100 Commercial Road
 Leominster, MA 01453
 978-537-5566

 

400           Vista Ridge Mall #1280
 2401 S. Stemmons Fwy
 Lewisville, TX 75067
 214-488-3720

 

401          West Park Mall
 219 West Park Mall
 Cape Girardeau, MO 63703
 573-332-0220

 

402           Cottonwood Mall
 4835 South & Highland Drive
 Salt Lake City, UT 84117
 801-278-4033

 

403           Northland Mall #10
 2900 E. Lincolnway
 Sterling, IL 61081
 815-626-7195

 

404           Layton Hills Mall
 2088 Layton Hills Mall
 Layton, UT 84041
 801-544-7731

 

405           Cache Valley Mall #1020
 1300 N. Main St.
 Logan, UT 84341
 435-755-6710

 

406           Charleston Town Center #1015
 3000 Charleston Town Center
 Charleston, WV 25389
 304-344-5002

 

407           Southpark Center
 920 Southpark Center
 Strongsville, OH 44136
 440-238-4338

 

408           Southgate Mall
 2901 Brooks St.
 Missoula, MT 59801
 406-549-2687

 

409           Antioch Shopping Center
 5241 Center Mall
 Kansas City, MO 64119
 816-454-4899

 

410          North Park Mall #7
 1129 North Baldwin Ave.
 Marion, IN 46952
 765-668-8479

 

411           Cherryvale Mall #F29-B
 7200 Harrison Ave
 Rockford, IL 61112
 815-332-3328

 

412           Quincy Mall
 33rd & Broadway Street
 Quincy, IL 62301
 217-228-8465

 

413           The Mall at Hays #60
 2918 Vine Street
 Hays, KS 67601
 785-623-4653

 

414           Capitol City Mall #608

3513 Capitol City Mall Drive
 Camp Hill, PA 17011
 717-303-0540

 

 

415           Frisco Station Mall
 100 North Dixieland Road
 Rogers, AR 72756
 479-936-7955

 

416           Hunter’s Square
 31065 Orchard Lake Rd.
 Farmington Hills, MI 48334
 248-737-4527

 

417           Mid-Town Mall
 1084 South Stephenson Highway
 Iron Mountain, MI 49801
 906-774-0111

 

419           Elk Park Center
 19128 Freeport Street NW, C-105
 Elk River, MN 55330
 763-241-1852

 

420           Gallatin Valley Mall
 2825 West Main
 Bozeman, MT 59718
 406-586-5993

 

421           Petoskey Town Center
 1319 Spring St
 Petoskey, MI 49770
 231-348-8751

 

422           Northbridge Mall
 2452 Bridge Ave, AC-11
 Albert Lea, MN 56007
 507-377-7153

 

423           Newgate Mall
 3651 Wall Ave. #1074
 Ogden, UT 84405
 801-392-7094

 

424           Sooner Mall #305
 3251 W. Main St.
 Norman, OK 73072
 405-329-3000

 

425           Mid Rivers Mall
 1600 Midrivers Drive #2006
 St. Peters, MO 63376
 636-278-2386

 

427           Midland Mall #147
 6800 Eastman Avenue
 Midland, MI 48642
 989-837-2373

 

428           Fashion Square Mall #420
 4843 Fashion Square Mall
 Saginaw, MI 48604
 989-249-7838

 

429           Spokane Valley Mall #1162
 14700 East Indiana
 Spokane Valley, WA 99216
 509-893-1312

 

430           Westland Mall
 35000 W. Warren Road
 Westland, MI 48185
 734-261-4788

 

431           Mission Center
 4725 Johnson Dr. #121
 Mission, KS 66205
 913-236-9016

 

432           Eastern Hills Mall #434
 4545 Transit Road
 Williamsville, NY 14221
 716-626-9600

 

433           Upper Valley Mall #606
 1475 Upper Valley Pike
 Springfield, OH 45504
 937-325-0165

 

434           Concord Mall
 3701 S. Main
 Elkhart, IN 46517
 574-875-8922

 

435           Glenbrook Square #E3
 4201 Coldwater
 Ft. Wayne, IN 46805
 260-484-3154

 

436           Muncie Mall #K06
 3501 Granville Ave
 Muncie, IN 47303
 765-286-8530

 

437           North Park Mall #146
 101 Rangeline Road
 Joplin, MO 64801
 417-206-3172

 

438           Walden Galleria
 34 Walden Galleria #D111
 Cheektowaga, NY 14225
 716-681-8755

 

439           Rogue Valley Mall #2041
 1600 N. Riverside Dr.
 Medford, OR 97501
 541-245-6817

 

440           Logan Valley Mall
 758 Logan Valley Mall
 Altoona, PA 16602
 814-940-5630

 

441           Columbia Center
 397 Columbia Center Blvd.
  Kennewick, WA 99336
 509-737-9292

 

442           Westmoreland Mall #259
 Route 30 East #259
 Greensburg, PA 15601
 724-834-4855

 

443           Rushmore Mall #210
 2200 N. Maple
 Rapid City, SD 57701
 605-399-0789

 

444           North Hanover Mall
 1155 Carlisle St.
 Hanover, PA 17331
 717-630-8117

 

445           Southglenn Mall #D2140
 6911 S. University Blvd.
 Littleton, CO 80122
 303-703-6399

 

446           Wyoming Valley Mall #310
 55 Wyoming Valley Mall
 Wilkes-Barre, PA 18702-6872
 570-825-6330

 

447           Lycoming Mall
 300 Lycoming Mall Circle, Ste.193
 Pennsdale, PA 17756
 570-546-0648

 

448           Battlefield Mall #F-10
 2825 South Glenstone Ave
 Springfield, MO 65804
 417-883-8791

 

 

449           Everett Mall
 1402 SE Everett Mall Way
 Everett, WA 98208
 425-290-1444

 

450           Valley Mall #591
 17301 Valley Mall Road
 Hagerstown, MD 21740
 301-582-6230

 

451           Kitsap Mall #F-7
 10315 Silverdale Way NW
 P.O Box 900
 Silverdale, WA 98383
 360-698-7057

 

452           Cascade Mall #A8
 745 Cascade Mall Dr.
 Burlington, WA 98233-3253
 360-757-1553

 

453           Southland Mall #265
 1425 Marion-Waldo Rd
 Marion, OH 43302
 740-725-1119

 

454           Vancouver Mall #215
 8700 NE Vancouver Mall Dr.
 Vancouver, WA 98662
 360-885-2419

 

455           Markland Mall B03
 1220 South 17th Street
 Kokomo, IN 46902
 765-456-1332

 

456           Bay Shore Mall #F-10
 5900 N Port Washington Road
 Milwaukee, WI 53217
 414-332-9105

 

457           Mesa Mall #332
 2424 Hwy 6 — 50
 Grand Junction, CO 81505
 970-243-7660

 

458           University Park Mall #125
 6501 N. Grape Road
 Mishawaka, IN 46545
 574-273-5224

 

459           Monroeville Mall #248
 200 Monroeville Mall
 Monroeville, PA 15146
 412-373-7105

 

460           South County Center
 320 South Centerway
 St Louis, MO 63129
 314-416-4351

 

461           Bayshore Mall #206
 3300 Broadway
 Eureka, CA 95501
 707-476-8662

 

462           Millcreek Mall
 625 Millcreek Mall
 Erie, PA 16565
 814-864-6426

 

463           Heritage Mall #A117
 2137 14th Ave SE
 Albany, OR 97322
 541-924-1201

 

464           Genesee Valley Center #840
 3453 South Linden Road
 Flint, MI 48507
 810-230-1321

 

465           Hilldale Shopping Ctr #116a
 702 N Midvale Blvd
 Madison, WI 53705

608-231-2687

 

466           Southridge Mall #1340
 5300 S 76th Street
 Greendale, WI 53129
 414-855-0180

 

467           Kentucky Oaks Mall #720
 5101 Hinkleville Rd
 Paducah, KY 42001
 270-415-0658

 

468           Southhill Mall #920
 3500 S. Meridian
 Puyallup, WA 98373
 253-435-9912

 

469           Sandusky Mall #260
 4314 Milan Road
 Sandusky, OH 44870
 419-627-2751

 

470           High Plains Shpg Ctr
 1227 West Main Street
 Sterling, CO 80751
 970-526-1714

 

471           Durango Mall #E-3
 800 South Camino del Rio
 Durango, CO 81301
 970-385-9150

 

472           Marketplace Mall
 Space #C3 & C9A
 701 Miracle Mile Dr.
 Rochester, NY 14623
 585-424-2560

 

473           Lansing Mall #171
 5324 West Saginaw Hwy
 Lansing, MI 48917
 517-886-6090

 

474           Bellis Fair Mall #340
 One Bellis Fair Parkway
 Bellingham, WA 98226
 360-647-6080

 

475           Midland Mall #B07
 4511 N. Midkiff Dr.
 Midland, TX 79705
 432-697-0462

 

476           Montgomery Village #731
 731 Village Court
 Santa Rosa, CA 95405
 707-526-3983

 

477           Chambcrsburg Mall #706
 3055 Black Gap Road
 Chambersburg, PA 17201
 717-263-3763

 

478           Washington Crown Center #264
 1500 W. Chestnut Street
 Washington, PA 15301
 724-250-7180

 

479           Shenango Valley Mall #650
 3303 East State Street
 Hermitage, PA 16148
 724-342-1404

 

480           Eastwood Mall #1155
 5555 Youngstown-Warren Rd
 Niles, OH 44446
 330-505-1213

 

481           Southland Center #1090
 23000 Eureka (I-75)
 Taylor, MI 48180
 734-287-9050

 

 

482           Exton Square Mall
 158 Exton Square
 Exton, PA 19341
 610-363-3808

 

483           The Crossroads #257
 6650 S. Westnedge Ave
 Portage, MI 49024
 269-324-8055

 

484           Tri-County Mall #E5
 11700 Princeton Pike
 Cincinnati, OH 45246
 513-671-9000

 

485           Grand Central Mall #263
 100 Grand Central Mall
 Parkersburg, WV 26101
 304-485-8700

 

486           Lloyd Center #H216
 1226 Lloyd Center
 Portland, OR 97232
 503-281-7237

 

487           Dayton Mall #702
 2700 Miamisburg-Centerville Rd
 Dayton, OH 45459
 937-428-5953

 

488           Indian Mound Mall #717
 771 South 30th Street
 Heath, OH 43056
 740-788-8865

 

489           Colonial Park Mall #17/18
 Route 22 & Colonial Rd
 Harrisburg, PA 17109
 717-920-9890

 

490           Jefferson Pointe Shopping Ctr #05
 4220 W Jefferson Blvd
 Ft. Wayne, IN 46804
 260-436-6831

 

491           The Lakes Mall #1034
 5600 Harvey Street
 Muskegon, MI 49444
 231-798-4253

 

492           Westroads Mall #3228
 10000 California Street
 Omaha, NE 68114
 402-391-1292

 

493           Frenchtown Square Mall #575
 2121 N. Monroe Street
 Monroe, MI 48162
 734-243-9880

 

494           Ohio Valley Mall #570
 67800 Mall Road
 St. Clairsville, OH 43950
 740-695-0912

 

501           South Hills Village #2030A
 Route 19 & Fort Couch
 Pittsburgh, PA 15241
 412-851-7201

 

502           Fox Valley Center #E6
 1356 Fox Valley Center Dr.
 Aurora, IL 60504
 630-585-8642

 

504           Westfield Hawthorne #517
 517 Hawthorn Center
 Vernon Hills, IL 60061
 847-816-0789

 

505           Eastwood Towne Center #D4
 3016 Towne Center Blvd.
 Lansing, MI 48912
 517-267-1608

 

506           West County Shopping Center #2159
 135 West County Center
 Des Peres, MO 63131
 314-984-9799

 

507           Lakeside Mall #2055
 14600 Lakeside Circle
 Sterling Heights, MI 48313
 586-566-1408

 

509           Madison Square Mall #25
 5901 University Drive
 Huntsville, AL 35806
 256-837-6280

 

510           Mt. Berry Square #717
 993 Mount Berry Square
 Rome, GA 30165
 706-235-4841

 

511           Westgate Mall #260
 7701 W. 1-40
 Amarillo, TX 79121
 806-468-7308

 

512           Florence Mall #1028
 1028 Florence Mall
 Florence, KY 41042
 859-282-1921

 

513           Hamilton Place #158
 2100 Hamilton Place Blvd.
 Chattanooga, TN 37421
 423-855-8630

 

514           RiverGate Mall #1025
 1000 Rivergate Pkwy
 Goodlettsville, TN 37072
 615-859-9896

 

515           Village Square Mall #61, 62, 63
 61 Village Square Mall
 Effingham, IL 62401
 217-347-6660

 

516           Legacy Village # 25319
 25319 Cedar Road
 Lyndhurst, OH 44124
 216-382-6738

 

517           Pioneer Place #3110
 700 SW 5th Avenue. Suite 410
 Portland, OR 97204
 503-228-8470

 

518           Eastgate Mall #F-800
 4601 Eastgate Blvd.
 Cincinnati, OH 45245
 513-943-7686

 

519           Park Place Mall #212/214
 5870 E Broadway
 Tucson, AZ 85711
 520-514-2995

 

520           Asheville Mall #K-14/K-16
 3 S. Tunnel Rd.
 Asheville, NC 28805
 828-299-3125

 

521           College Square #56
 2550 E. Morris Blvd.
 Morristown, TN 37813
 423-587-1515

 

 

 

522           Georgia Square #21
 3700 Atlanta Hwy.
 Athens, GA 30606-3155
 706-548-3974

 

523           Westgate Mall #505
 205 W. Blackstock Rd.
 Spartanburg, SC 29301
 864-587-1547

 

524           Stroud Mall #272b
 454 Stroud Mall
 Stroudsburg, PA 18360
 570-517-5026

 

525           Arbor Place Mall #1185
 6700 Douglas Blvd.
 Douglasville, GA 30135
 770-489-4925

 

526           Cool Springs Galleria #2240
 1800 Galleria Blvd.
 Franklin, TN 37067
 615-771-0125

 

527           Harford Mall #6
 670 Bel Air Rd.
 Bel Air, MD 21014
 410-638-8222

 

528           Marketplace Mall #385
 2000 N. Neil St.
 Champaign, IL 61820
 217-352-2926

 

529           Hanes Mall #CU724
 3320 Silas Creek Pkwy
 Winston Salem, NC 27103-3032
 336-765-0366

 

530           Fayette Mall #D432
 3401 Nicholasville Rd., Ste. #303
 Lexington, KY 40503
 859-245-1628

 

531           Eastfield Mall #124
 1655 Boston Road
 Springfield, MA 01129
 413-543-2411

 

532           Columbia Mall #610
 225 Columbia Mall Dr.
 Bloomsburg, PA 17815
 570-387-4950

 

533           Mall St. Matthews #1770
 5000 Shelbyville Rd.
 Louisville, KY 40207
 502-897-6049

 

534           Stones River Mall #B-140
 1720 Old Fort Pkwy.
 Murfreesboro, TN 37129
 615-907-9770

 

535           Alderwood Mall #948
 3000 184th St. SW
 Lynnwood, WA 98037
 425-771-0728

 

536           McCain Mall #F02A
 3929 McCain Blvd. Suite #209
 N. Little Rock, AR 72116
 501-812-4085

 

537           Towson Town Center #3225
 825 Dulaney Valley Rd.
 Towson, MD 21204
 410-828-4430

 

538           Towne Square Mall #H10 & H12
 5000 Frederica St.
 Owensboro, KY 42301
 270-683-5690

 

539           Tabor Center #106
 1201 l6th St.
 Denver, CO 80202-1567
 303-629-8791

 

540           Northgate Mall #F010-F020
 249 Northgate Mall
 Chattanooga, TN 37415
 423-870-9252

 

541          Palmer Park Mall #B-5
 140 Palmer Park Mall
 Easton, PA 18045
 610-253-2004

 

542           Palouse Mall #D7
 1850 W. Pullman Rd.
 Moscow, ID 83843
 208-883-9981

 

543           The Village Centre #A11
 122 E 24th Street
 Columbus, NE 68601
 402-564-0564

 

544           Yorktown Shopping Center
 203 Yorktown Shopping Center
 Lombard, IL 60148
 630-424-1011

 

545           White March Mall #1210
 8200 Perry Hall Blvd.
 Baltimore, MD 21236
 410-931-2645

 

546           Pine Ridge Mall #1152
 4155 Yellowstone Hwy.
 Chubbuck, ID 83202
 208-637-0542

 

547           Mall of Georgia #2049A
 3333 Buford Drive
 Buford, GA 30519
 678-546-6379

 

548           Leavenworth Plaza #1025
 3400 S 4th St Trafficwav
 Leavenworth, KS 66048
 913-682-1711

 

549           Town Center at Levis Commons
 Space #18-A
 4170 Levis Commons Blvd.
 Perrysburg, OH 43551
 419-873-9810

 

550          Cottonwood Mall #C206
 10000 Coors Bypass
 Albuquerque, NM 87114
 505-792-5107

 

551           The Summit Louisville #D1A
 4304 Summit Plaza Dr.
 Louisville, KY 40241
 502-425-3242

 

552           Superstition Springs Mall #1220
 6555 E Southern Ave.
 Mesa, AZ 85206
 480-985-2911

 

553           Sikes Senter #170
 3111 Midwestern Pkwy
 Wichita Falls, TX 76308
 940-691-0900

 

554           Ross Park Mall
 1000 Ross Park Mall Dr.
 Pittsburgh, PA 15237
 412-367-8014

 

 

555           Towne Mall #A8
 1704 N Dixie Hwy
 Elizabethtown, KY 42701
 270-763-0294

 

556           Central Mall #37
 9 Central Mall
 Texarkana, TX 75503
 903-223-8962

 

557           Central Mall #132
 200 SW C Ave
 Lawton, OK 73501
 580-591-0698

 

558           Deerfield Town Center #3010
 5515 Deerfield Boulevard
 Mason, OH 45040
 513-770-3280

 

560           Valley Hills Mall #209
 1960 Hwy. 70 S.E.
 Hickory, NC 28602
 828-324-0622

 

561           Red Cliffs Mall #1168
 1770 E. Red Cliffs Dr.
 St. George, UT 84790
 435-627-0534

 

562           The Gateway #1080
 16 S Rio Grande St.
 Salt Lake City, UT 84101
 801-456-1290

 

563           Golden Triangle Mall #L11B
 2201 1-35 E.
 Denton, TX 76205
 940-323-1200

 

564           Arrowhead Town Center #1232
 7700 W. Arrowhead Towne Cntr. Dr.
 Glendale, AZ 85308
 623-979-7589

 

565           Charlottesville Fashion Square #1416
 1542 East Rio Road
 Charlottesville, VA 22901
 434-973-9910

 

566           The Shops on Lane Ave. #D42
 1595 W Lane Ave.
 Upper Arlington, OH 43221
 614-486-7693

 

567           Fashion Place #1485
 6191 South State Street #238
 Murray, UT 84107
 801-685-2171

 

568           Auburn Mall #1022
 550 Center St.
 Auburn, ME 04210
 207-782-0608

 

569           Salem Center #220
 480 Center St.
 Salem, OR 97301
 503-763-8754

 

570           Streets of Woodfield #160
 601 Martingale Rd.
 Schaumburg, IL 60173
 847-969-0231

 

571           Carolina Mall #275
 1480 US Hwy 29 N
 Concord, NC 28025
 704-784-1480

 

572           University Mall #1052
 1237 E. Main St.
 Carbondale, IL 62901
 618-351-9500

 

573           Irving Mall #E04
 3880 Irving Mall
 Irving, TX 75062
 972-659-0878

 

574           Louis Joliet Mall #1430
 3340 Mall Loop Dr.
 Joliet, IL 60431
 815-436-4978

 

575           Longview Mall #L06A
 3500 McCain Rd.
 Longview, TX 75605
 903-234-9484

 

576           Oakdale Mall #74
 223 Reynolds Rd
 Johnson City, NY 13790
 607-798-0020

 

577           Valley View Center #2040
 13331 Preston Road
 Dallas, TX 75240
 972-716-9933

 

578           Village Pointe
 17170 Davenport St. Space #E108
 Omaha, NE 68118
 402-289-0600

 

579           Diamond Run Mall #200+203
 Rte 7 South
 Rutland, VT 05701
 802-773-1345

 

580           Clay Terrace #E05
 14300 Clay Terrace Blvd.
 Carmel, IN 46032
 317-566-8960

 

582           Findlay Village Mall #479
 1800 Findlay-Tiffin Ave.
 Findlay, OH 45840
 419-425-6975

 

584           Richmond Square #541
 3801 National Rd. East
 Richmond, IN 47374
 765-935-0326

 

585           Capitola Mall #E09
 1855 41st Ave.
 Capitola, CA 95010
 831-477-1758

 

586           University Mall #H8
 155 Dorset St
 Burlington, VT 05403
 802-864-1180

 

587           Lebanon Valley Mall #B9 & B8
 2231 Lebanon Valley Mall
 Lebanon, PA 17042
 717-273-6246

 

588           Hot Springs Mall #B6
 4501 Central Ave.
 Hot Springs, AR 71913
 501-520-0545

 

589           Lufkin Mall #1124
 4600 S. Medford Dr.
 Lufkin, TX 75901
 936-634-0044

 

 

590           Hanford Mall #C2
 1675 W. Lacey Blvd.
 Hanford, CA 93230
 559-584-5338

 

591           Garden City Center #8100
 59 Hill Side Rd
 Cranston, RI 02920
 401-942-0177

 

592           Somerset Mall #12b
 4150 US Hwy 27 S
 Somerset, KY 42501
 606-451-0783

 

593           Montgomery Mall Suite 132
 132 Montgomery Mall
 North Wales, PA 19454
 215-362-0324

 

594           Eastland Mall #1050
 1615 E. Empire St.
 Bloomington, IL 61701
 309-663-1038

 

595           The Shoppes at Brinton Lake C-300
 955 Baltimore Pike
 Glen Mills, PA 19342
 610-361-4595

 

596           Richland Mall #7+ST3
 6001 W. Waco Dr.
 Waco, TX 76710
 254-772-4800

 

598        Northfield Square #424B
 1600 N State Rte 50
 Bourbonnais, IL 60914
 402-465-0378

 

600           Metropolis #B255
 340 Metropolis Mile. Suite 125
 Plainfield, IN 46168
 317-837-1140

 

602           Swansea Mall #1420/1419
 262 Swansea Mall Dr.
 Swansea, MA 02777
 508-730-2028

 

603           Chesterfield Towne Center #318
 11500 Midlothian Tpke
 Richmond, VA 23235
 804-794-2463

 

604           Cross Country Mall #3
 700 Broadway E.
 Mattoon, IL 61938
 217-258-8828

 

605           The Avenue at Carriage Cross #559
 Houston Levee Rd/Bill Morris Prky
 Collierville, TN 38017
 901-861-2498

 

606           Westfield Shopping Town-Capital #H7
 625 Black Lake Blvd. SW
 Olympia, WA 98502-8601
 360-754-6571

 

607           Macomb Mall
 32233 Gratiot Ave.
 Roseville, MI 48066
 586-293-1242

 

609           Parks at Arlington #1202
 3811 S Cooper St.
 Arlington, TX 76015
 817-557-2410

 

610           Shawnee Mall #1556
 4901 N Kickapoo St.
 Shawnee, OK 74804
 405-273-5030

 

611           Mt. Shasta Mall #C16
 900 Dana Dr.
 Redding, CA 96001
 530-223-0176

 

612           Streets of Tanasbourne #610
 2130 NW Allie Avenue Bldg. 600
 Hillsboro, OR 97124
 503-531-8823

 

613           Dartmouth Mall #1240
 200 N Dartmouth Mall
 Dartmouth, MA 02747
 508-990-3800

 

614           Mall of Abilene #1404
 4310 Buffalo Gap Rd.
 Abilene, TX 79606
 325-793-2747

 

616           Sunrise Mall #D10
 6145 Sunrise Mall
 Citrus Heights, CA 95610
 916-726-3677

 

617           Steeplegate Mall #1116
 270 Loudon Rd
 Concord, NH 03301
 603-223-4029

 

618           Mesilla Valley Mall #1416
 700 S Telshor Blvd.
 Las Cruces, NM 88011
 505-521-4093

 

620           Chico Mall #D-405
 1950 E. 20th St.
 Chico, CA 95928
 530-891-9421

 

623           Woodland Hills Mall #0118a
 7021 S. Memorial Dr.
 Tulsa, OK 74133
 918-252-0090

 

625           Rivertown Crossing #1018
 3700 Rivertown Pkwy.
 Grandville, MI 49418
 616-261-4273

 

626        Ingram Park Mall #N11
 6301 NW Loop 410
 San Antonia, TX 78238
 210-523-1183

 

628           Firewheel Towne Center #D11
 155 Cedar Sage Drive
 Garland, TX 75040
 972-530-0802

 

629           NewPark Mall #2021
 2086 NewPark Mall
 Newark, CA 94560
 510-745-8340

 

632           Silver City Galleria #A216
 2 Galleria Mall Dr.
 Taunton, MA 02780
 508-821-9410

 

633           Greenbrier Mall #1236
 1401 Greenbrier Pkwy S
 Chesapeake, VA 23320
 757-424-1131

 

 

635           Mall at Fairfield Commons #W170
 2727 Fairfield Commons
 Beavercreek, OH 45431
 937-320-1982

 

637           Cape Cod Mall #S139A
 769 Iyannough Rd
 Hyannis, MA 02601
 508-778-8250

 

638           Westfield Shopping Towns-Solano #R1
 1350 Travis Blvd.
 Suite 1496-B
 Fairfield, CA 94533
 707-429-3016

 

639           Greenwood Mall #510
 2625 Scottsville Rd.
 Bowling Green, KY 42104
 270-846-1224

 

641        Berkshire Mall #350
 1665 State Hill Rd
 Wyomissing, PA 19610
 610-376-4955

 

642           Concord Mall #740
 4737 Concord Pike
 Wilmington, DE 19803
 302-478-1404

 

644        Moorestown Mall #1360
 400 Rte 38
 Moorestown, NJ 08057
 856-866-1131

 

645           Sunland Park Mall #E06B
 750 Sunland Park Drive
 El Paso, TX 79912
 915-832-0721

 

647           Santa Fe Place #1398
 4250 Cerrillos Rd.
  Santa Fe, NM 87505
 505-471-5127

 

648           Short Pump Town Center #2138
 11800 W Broad St
 Richmond, VA 23233
 804-360-5058

 

649           Mall at Tuttle Crossing #267 & 268
 5043 Tuttle Crossing Blvd.
 Dublin, OH 43016
 614-799-2816

 

650           Eastridge Mall #1098
 1 Eastridge Mall
 San Jose, CA 95122
 408-270-3894

 

651           Panama City Mall #2156
 2150 Martin Luther King Drive
 Panama City, FL 32405
 850-769-3162

 

652           Galleria at Pittsburgh Mills #210
 210 Pittsburgh Mills Circle
 Tarentum, PA 15084
 724-274-4594

 

654           Dover Mall #1110
 1365 N Dupont Hwy
 Dover, DE 19901
 302-677-0601

 

656        Shops at Centerra #F630
 NEC 1-25 & Hwy 34
 Loveland, CO 80538
 970-203-0884

 

659           Cordova Mall #F611A
 5100 N 9th Ave
 Pensacola, FL 32504
 850-477-9903

 

663           Laurel Mall #31
 106 Laurel Mall
 Hazleton, PA 18201
 570-453-0905

 

665           Lakeland Square #0264
 3800 US Hwy 98 N
 Lakeland, FL 33809
 863-853-7005

 

668           Orange Park Mall #G16
 1910 Wells Rd.
 Orange Park, FL 32073
 904-264-5612

 

 

801           Southpark Mall
 4500 16th Street
 Space #0485 & 0490
 Moline, IL 61265
 309-797-9413

 

802           Fashion Square Mall
 4895 Fashion Square Mall
 Space #402 Hybird
 Saginaw, MI 48602
 989-249-9095

 

803           Oakwood Mall
 4800 Golf Road
 Space #716
 Eau Claire, WI 54701
 715-831-6277

 

804           Fox River Mall
 4301 West Wisconsin
 Appleton, WI 54913
 920-733-0680

 

805           Mall of the Bluffs
 1751 Madison Ave.
 Space #530
 Council Bluffs, IA 51501
 712-323-1902

 

806           Bay City Mall
 4101 Wilder Road
 Space E517
 Bay City, MI 48706
 989-684-8226

 

807           Forest Mall
 835 West Johnson St.
 Space #E02
 Fond du Lac, WI 54935
 920-929-8481

 

808           University Park Mall
 6501 N.Grape Road
 Space #254
 Mishawaka, IN 46545
 574-243-7663

 

809           Burnsville Center
 915 County Road 42 W.
 Burnsville, MN 55306
 952-892-5877

 

810           Northtown Mall
 215 Northtown Drive
 Space #D20
 Blaine, MN 55434
 763-783-0066

 

811           Westshore Mall
 12331 James Street
 Space #B10
 Holland, MI 49424
 616-355-7726

 

812           White Oaks Mall
 2501 West Wabash Ave.
 Space #A01
 Springfield, IL 62704
 217-698-5020

 

813           Lindale Mall
 4444 1st Avenue N. E.
 Space #212
 Cedar Rapids, IA 52402
 319-378-3490

 

814           Rushmore Mall
 2200 North Maple Avenue
 Space #212
 Rapid City, SD 57701-7881

605-355-0335

 

815           Empire Mall

4001 W 41st Street # 540
 Space #25
 Sioux Falls, SD 57106-6523
 605-362-7825

 

817           Southern Hills Mall
 4400 Sergeant Road
 Space #314
 Sioux City, IA 51106
 712-276-3890

 

818           Meridian Mall
 Space #525
 1982 East Grand River Ave.
 Okemos, MI 48864
 517-381-5060

 

819           Northpark Mall
 320 West Kimberly Road
 Space #OO90
 Davenport, IA 52806
 563-391-7005

 

820           Cherryvale Mall
 7200 Harrison Ave.
 Space #H-45
 Rockford, 1L 61112
 815-332-8820

 

821           Lansing Mall
 5332 West Saginaw Highway
 Space #168
 Lansing, MI 48917
 517-321-6131

 

822           The Lakes Mall
 5600 Harvey Street
 Space #2072
 Muskegon, MI 49444
 231-798-4263

 

823           Valley View Mall
 3800 State Road #16
 Space #178
 LaCrosse, WI 54601
 608-781-3351

 

824           Dakota Square
 218 Dakota Square
 Space #218
 Minot, ND 58701
 701-839-9429

 

825           Arbor Lakes
 Bldg. #13
 7878 Main Street North
 Maple Grove, MN 55369
 763-773-3000

 

826          Montclair Center
 13023 West Center Road
 Space #B/C/D
 Omaha, NE 68144
 402-691-2480

 

827           Holiday Village
 1200 10th Ave. S.
 Space #1
 Great Falls, MT 59405
 406-268-0299

 

828           Mesa Mall
 2424 Highway 6-50
 Space #110
 Grand Junction, CO 81505
 970-256-9826

 

 

829           The Crossroads
 6650 S. Westnedge Ave.
 Space #255
 Portage, MI 49024
 269-324-9405

 

830           Mid-Rivers Mall
 2272 Mid Rivers Mall
 St. Peters, MO 63376
 636-970-3800

 

831           Rimrock Mall
 Space # A04
 300 S. 24th Street West
 Billings, MT 59102
 406-655-8215

 

832           Columbia Mall
 Space #335
 2800 Columbia Road
 Grand Forks, ND 58201
 701-772-0621

 

833           South County Center
 18 South Center Way
 Space #467A
 St Louis, MO 63129
 314-487-2855

 

834           Frontier Mall
 Space #91
 1400 Del Range Blvd.
 Cheyenne, WY 82001
 307-432-6787

 

835           Twin Peaks Mall
 1250 South Hover Street
 Bldg. 1 Suite 20
 Longmont, CO 80501
 720-494-9830

 

836           Kennedy Mall
 555 John F Kennedy Rd
 Space #445
 Dubuque, IA 52002
 563-556-3470

 

837           Eastwood Mall
 Space #402
 5555 Youngstown-Warren Rd
 Niles, OH 44446
 330-652-3324

 

838           Capital Mall
 Space #66
 3600 Country Club Drive
 Jefferson City, MO 65109
 573-893-5527

 

839           Chapel Hills Mall
 Space #117
 1710 Briargate Blvd.
 Colorado Springs, CO 80920
 719-532-0095

 

840           The Village of Blaine
 4255 Pheasant Ridge Dr.
 Space #310
 Blaine, MN 55449
 763-783-7260

 

841           Rogue Valley Mall
 Space #2109
 1600 N. Riverside Drive
 Medford, OR 97501
 541-779-0877

 

842           Southglenn Mall
 Space #D2106
 6911 S. University Blvd.

Littleton, CO 80122
 303-730-9260

 

843           Glenbrook Square
 4201 Coldwater
 Space #E10-b
 Ft. Wayne, IN 46805
 260-471-9535

 

844           Honey Creek Mall
 3401 South US Hwy 41
 Space #H3
 Terre Haute, IN 47802
 812-478-0391

 

845          Boise Towne Square Mall
 Space #2323
 350 N. Milwaukee
 Boise, ID 83704
 208-375-9529

 

846           Spokane Valley Mall
 Space #1108
 14700 East Indiania
 Spokane Valley, WA 99216
 509-922-6537

 

847           Northtown Mall
 Space #2010
 4750 N Division
 Spokane, WA 99207
 509-487-4324

 

848           Eastridge Mall
 Space #1258
 601 SE Wyoming Blvd.
 Casper, WY 82609
 307-472-1172

 

849           Riverdale Village
 12771 Riverdale Blvd.
 Suite #102
 Coon Rapids, MN 55448
 763-421-9163

 

850           Westdale Mall
 2600 Edgewood Road S.W.
 Space #2275 & 2280
 Cedar Rapids, IA 52404
 319-390-0968

 

851           Eden Prairie Center
 8251 Flying Cloud Drive
 Space #1144
 Eden Prairie, MN 55344
 952-944-6678

 

852           Independence Center
 18805 East 39th
 Space #G09
 Independence, MO 64057
 816-795-2765

 

853           Tippecanoe Mall
 2415 Sagamore Parkway S.
 Space #G11 & G12
 Lafayette, IN 47905
 765-446-9661

 

854           College Mall
 Space #M-12
 2916 East 3rd Street
 Bloomington, IN 47407
 812-339-3416

 

855           Brookfield Square
 95 North Moorland Road
 Space #D1B
 Brookfield, WI 53005
 262-641-8199

 

 

856           Colonie Center
 131 Colonie Center
 Space #280/286
 Albany, NY 12205
 518-482-2937

 

857           Lakewood Mall
 3315 6th Ave. SE
 Space #43
 Aberdeen, SD 57402
 605-229-1551

 

858           Merle Hay Mall
 Space #902
 902 Merle Hay Mall
 Des Moines, IA 50310
 515-727-4955

 

859           Centerpointe Mall
 3655 28th Street SE
 Space #8B1
 Grand Rapids, MI 49512
 616-575-0991

 

860           Conestoga Mall
 3404 W 13th ST
 Space #A3A
 Grand Island, NE 68803
 308-384-7276

 

861           Colonial Park Mall
 Space #17/18
 Route 22 & Colonial Road
 Harrisburg, PA 17109
 717-920-9892

 

862           Apache Mall
 Space #1030
 333 Apache Mall
 Rochester, MN 55902
 507-529-7680

 

863           Dayton Mall
 Space #700
 2700 Miamisburg-Centerville Rd.
 Dayton, OH 45459
 937-428-6071

 

864          Maplewood Mall
 Space #2010
 3001 White Bear Ave.
 Maplewood, MN 55109
 651-748-8050

 

865           River Hills Mall
 Space #518
 1850 Adams Street
 Mankato, MN 56001-4840
 507-344-1186

 

866           Polaris Fashion Place
 1500 Polaris Parkway
 Space #2248/2252
 Columbus, OH 43240
 614-985-0010

 

867           Indian Mound Mall
 Space #714
 771 South 30th Street
 Heath, OH 43056
 740-788-9120

 

868           River Valley Mall
 1635 River Valley Circle/Sp.#331
 P.O. Box 5035
 Lancaster, OH 43130
 740-654-0931

 

869           Morgantown Mall
 Space #915

9915 Mall Road
 Morgantown, WV 26501
 304-983-6181

 

870           New Towne Mall
 Space #529
 400 Mill Ave. S. E.
 New Philadelphia, OH 44663
 330-339-0081

 

871           Ashland Town Center
 Space #250
 500 Winchester Ave.
 Ashland, KY 41101
 606-324-1405

 

872           The Mall at Greece Ridge
 Space #22
 380 Greece Ridge Cntr. Dr.
 Rochester, NY 14626
 585-225-1060

 

873           Great Northern Mall
 #B104 4155 Route 31
 Space #B104
 Clay, NY 13041
 315-622-0907

 

874           Valley Mall
 17301 Valley Mall Road
 Space #472
 Hagerstown, MD 21740
 301-582-1890

 

875           Marketplace Mall
 Space #A1-2
 751 Miracle Mile Drive
 Rochester, NY 14623
 585-427-8380

 

876           Westroads Mall
 Space #3232
 10000 California Street
 Omaha, NE 68114
 402-391-1473

 

877           Sandusky Mall
 Space #180
 4314 Milan Road
 Sandusky, OH 44870
 419-621-9340

 

878           Millcreek Mall
 Space #725
 725 Millcreek Mall
 Erie, PA 16565
 814-864-9997

 

879          Charlestowne Mall
 Space #C11a
 3800 East Main Street
 St Charles, IL 60174
 630-443-9469

 

880           Capital City Mall
 Space #428
 Capital Mall Drive
 Camp Hill, PA 17011
 717-731-6729

 

881           Antioch Center
 Space #C3/C4
 5235 North Antioch Mall
 Kansas City, MO 64119
 816-452-7484

 

882           Hickory Pointe Mall
 Space #1400 & 1405
 1400 Hickory Point Mall
 Forsyth, IL 62535
 217-872-1781

 

 

883           Wyoming Valley Mall
 Space #338
 44 Wyoming Valley Mall
 Wilkes-Barre, PA 18702-6872
 570-825-8556

 

884           Lycoming Mall
 Space #438
 300 Lycoming Mall Circle #257
 Pennsdale, PA 17756
 570-546-3178

 

885           Washington Crown Center
 Space #620
 1500 W. Chestnut Street
 Washington, PA 15301
 724-222-6240

 

886           Shenango Valley Mall
 Space #625
 3275 East State Street
 Hermitage, PA 16148
 724-342-7786

 

887           Logan Valley Mall
 Space #P142
 887 Logan Valley Road
 Altoona, PA 16602
 814-941-1168

 

888           Southpark Mall
 Space #BU816
 816 Southpark Center
 Strongsville, OH 44136
 440-238-0279

 

889           Upper Valley Mall
 Space #420
 1475 Upper Valley Pike
 Springfield, OH 45503
 937-325-5687

 

890           Northwoods Mall
 #AL05
 2200 War Memorial Drive
 Peoria, IL 61613
 309-679-0482

 

891          Berkshire Mall
 Space #D102
 SWC Old State Road
 Lanesboro, MA 01237
 413-496-9299

 

892           Columbia Mall
 Space #618
 2300 Bernadette Drive
 Columbia, MO 65203
 573-447-2749

 

893           Chesterfield Mall
 76 Chesterfield Mall
 Chesterfield, MO 63017-4897
 636-536-7767

 

894           Great Northern Mall
 Space #116
 116 Great Northern
 N. Olmstead, OH 44070
 440-777-2042

 

895           Pyramid Mall of Ithaca
 Space #B07
 40 Catherwood Road
 Ithaca, NY 14850
 607-257-8057

 

896           Shoppingtown Mall
 Space #94
 3649Erie Blvd. E.

DeWitt, NY 13214
 315-449-2792

 

897           Salmon Run Mall
 Space #B104
 1300 Arsenal Street
 Watertown, NY 13601
 315-779-1700

 

898           Walden Galleria
 Space #D105
 34 Walden Galleria
 Cheektowaga, NY 14225
 716-651-9476

 

899           Tri-County Mall
 Space #E9
 11700 Princeton Pike
 Cincinnati, OH 45246
 513-671-0271

 

900           Charleston Town Center Mall
 Space #1017
 3000 Charleston Town Center Mall
 Charlestown, WV 25389
 304-344-3014

 

901           Valley River Center
 Space #E9
 210 Valley River Drive
 Eugene, OR 97401
 541-344-2522

 

902           Birchwood Mall
 Space #228
 4350 24th Ave.
 Port Huron, MI 48059
 810-385-7433

 

903           Towne West Square
 Space #E03
 4600 W. Kellogg Drive
 Wichita, KS 67209
 316-945-7500

 

904           East Town Mall
 Space #F628
 150 East Town Mall
 Madison, WI 53704-3744
 608-240-9710

 

905           Muncie Mall
 Space #M03
 3501 Granville Avenue
 Muncie, IN 47303
 765-286-8544

 

906           West Acres Shopping Center
 Space #330
 1-29 & 13th Avenue
 Fargo, ND 58103
 701-281-9922

 

907           Columbia Mall
 Space #408
 556 Columbia Center Blvd.
 Kennewick, WA 99336
 509-734-9266

 

908           Grand Traverse Mall
 Space #410 & 411
 3200 S. Airport Road West
 Traverse City, MI 49684
 231-935-4051

 

909           Greenway Station
 Space # K-4
 1651 Demmingway, Suite 110
 Middleton, WI 53562
 608-831-1134

 

 

910           Southpointe Pavilions
 Space # I-18
 2940 Pine Lake Road
 Lincoln, NE 68516
 402-420-0022

 

912           Central Mall
 Space #46
 2259 S. 9th Street
 Salina, KS 67402
 785-823-3770

 

913           Spring Hill Mall
 1072 Spring Hill Mall
 West Dundee. IL 60118
 847-551-1447

 

914           Peru Mall
 Space #H2 & H3
 3940 Route 251
 Peru, IL 61354
 815-220-0216

 

915           Meadowbrook Mall
 Space #445
 2399 Meadowbrook Road
 Bridgeport, WV 26330
 304-848-0436

 

916           Kentucky Oaks Mall
 Space #730
 5101 Hinkleville Road
 Paducah, KY 42001
 270-442-5671

 

917           Huntington Mall
 P.O. Box 4053
 Space #643
 500 Mall Road
 Barboursville, WV 25504
 304-733-0894

 

918           Legacy Village
 Space #25267
 25267 Cedar Road
 Lyndhurst, OH 44124
 216-382-7362

 

919           Wausau Center
 Space #Al28
 A-128 Wausau Center
 Wausau, WI 54403
 715-848-8630

 

920           West Park Mall
 182 West Park Mall
 Cape Girardeau, MO 63703
 573-335-2333

 

921           Crossroads Mall
 Space #C-13
 4201 West Division Street
 St. Cloud, MN 56301
 320-229-7476

 

923           Northpark Mall
 Space #180
 101 Range Line Road
 Joplin, MO 64801
 417-623-2510

 

924           Crestwood Plaza
 40 Crestwood Plaza
 St. Louis, MO 63126
 314-918-7251

 

925           Westfield Shoppingtown Richland
 Space #18
 714 Richland Mall
 Mansfield, OH 44906

419-589-2922

 

926           Westwood Mall
 Space #808
 1850 W. Michigan Ave.
 Jackson, MI 49202
 517-768-9030

 

927           Sunset Mall
 Space #200
 1700 Market Lane
 Norfolk, NE 68701
 402-844-3520

 

928           Deerfield Town Center
 Space #3000
 5525 Deerfield Blvd.
 Mason, OH 45040
 513-770-0240

 

929           Ohio Valley Mall
 Space #540
 67800 Mall Ring Road
 St. Clairsville, OH 43950
 740-526-0850

 

930           Midland Mall
 Space #240
 6800 Eastman Ave.
 Midland, MI 48642
 989-832-8583

 

931           Fort Henry Mall
 2101 Fort Henry Drive
 Kingsport, TN 37664
 423-246-4951

 

932           McKinley Mall
 Space #309
 3701 McKinley Parkway
 Buffalo, NY 14219
 716-824-9231

 

933           Arnot Mall
 3300 Chambers Rd Ste. 5146
 Horseheads, NY 14845
 607-739-8574

 

934           Apple Blossom Mall
 Space #S171
 1850 Apple Blossom Drive
 Winchester, VA 22601
 540-722-8175

 

935           Jordan Creek Town Center
 Space #1430
 1-80 & 74th Street
 West Des Moines, IA 50265
 515-225-6448

 

936           Clearview Mall
 101 Clearview Circle
 Butler, PA 16001
 724-287-7700
 Markland Mall

 

937           Space #B05
 1212 South 17th Street
 Kokomo, IN 46902
 765-236-0084
 Kirkwood Mall

 

938           Space #285
 706 Kirkwood Mall
 Bismarck, ND 58504
 701-255-2783

 

 

939           Valley Mall
 Space #318
 1925 E. Market Street
 Harrisonburg, VA 22801
 540-432-6200

 

940           Battlefield Mall
 Space #F06A
 101 Battlefield Mall
 Springfield, MO 65804
 417-890-4036

 

941           Crossroads Mall
 Space #F-11
 Box 10 Crossroads Mall
 Mt. Hope, WV 25880
 304-253-9400

 

942           Nittany Mall
 Space #814
 2900 East College Ave.
 State College, PA 16801
 814-235-1032

 

943           Southgate Mall
 Space #C16
 2901 Brooks Street
 Missoula, MT 59801
 406-549-5280

 

944        Westfield Shoppingtown
 6100 O Street
 Lincoln, NE 68505

 

945        Eastview Mall
 Space ##162
 7979 Pittsford-Victor Road
 Victor, NY 14564
 585-223-0140

 

946           Findlay Village Mall
 Space #469
 1800 Tiffin Ave.
 Findlay, OH 45840
 419-429-0378

 

947           Chautauqua Mall
 Space #644
 318 E. Fairmont Ave.
 Lakewood, NY 14750
 716-763-0848

 

948           Genesee Valley Mall
 Space #620 & 630
 3341 S. Linden Road
 Flint, MI 48507
 810-720-5975

 

949           Bangor Mall
 Space #1082
 663 Stillwater Ave.
 Bangor, ME 04401
 207-942-2412

 

950           Champlain Centre
 Space #A111
 60 Smithfield Blvd.
 Plattsburg, NY 12901
 518-563-4477

 

951           Chambersburg Mall
 Space #739
 864 Chambersburg Mall
 Chambersburg, PA 17201
 717-261-9411

 

952           Valley View Mall
 Space #LE230
 4802 Valley View Blvd. NW
 Roanoke, VA 24012

540-265-1168

 

953           Eastland Mall
 Space #1050b
 1615 East Empire St.
 Bloomington, IL 61701
 309-662-4167

 

954           The Galleria
 500 Galleria Drive Space #186
 Johnstown, PA 15904
 814-266-0461
 South Towne Center

 

955           Space #1220
 10450 S. State Street
 Sandy, UT 84070
 801-553-1179

 

956           Concord Mall
 Space #1214
 3701 South Main
 Elkhart, In 46517
 574-875-9570

 

957           Miami Valley Centre
 Space #C4
 987 East Ash
 Piqua, OH 45356
 937-773-8510

 

958           Rotterdam Square Mall
 Space# A-6
 93 W. Campbell Road
 Schenectady, NY 12306
 518-370-0011

 

959           Westmoreland Mall
 Space #117
 970 E Pittsburgh Street
 Greensburg, PA 15601
 724-853-1428

 

960           Susquehanna Valley Mall
 Space #C8 & C9
 3 Susquehanna Valley Mall
 Selinsgrove, PA 17870
 570-374-3551

 

961           Wilton Mall at Saratoga
 Space #B11a
 3065 Route 50
 Saratoga Springs, NY 12866
 518-587-8121

 

962           Bay Park Square
 Space #339
 303 Bay Park Square
 Green Bay, WI 54304
 920-494-7736

 

963           Layton Hills Mall
 Space #2056
 1076 Layton Hills Mall
 Layton, UT 84041
 801-444-0310

 

964        Westgate Mall
 7701 West 1-40
 Space #716
 Amarillo, TX 79121

 

966           St. Clair Square
 175 St. Clair Square
 Fairview Heights, IL 62208
 618-624-7218
 618-624-7218

 

 

967           York Gallera
 Space #130
 2899 Whiteford Road (US 30)
 York, PA 17402
 717-755-6201

 

968        Lima Mall
 Space #564 & 548
 2400 Elida Road
 Lima, OH 45805

 

969           Magic Valley Mall
 Space #195
 1485 Poleline Road East
 Twin Falls, ID 83301
 208-735-8311

 

970           Greenwood Park
 Space #F11
 1251 US 31 North
 Greenwood, IN
 317-888-7233

 

971           Mercer Mall
 7193 Route 25
 Space #725
 Bluefield, WV 24701
 304-324-8448

 

972           Westfield Shoppingtown
 8700 N.E. Vancouver Mall Drive
 Space #214
 Vancouver, WA 98662
 360-944-6720

 

973           Manhattan Town Center
 100 Manhattan Town Center
 Manhattan, KS 66502
 785-539-3611
 785-539-3611

 

974           Galleria @ Pittsburgh Mills
 208 Pittsburgh Mills Circle
 Space #208
 Tarentum, PA 15084
 724-274-4292

 

976        Mall at Hays
 2918 Vine Street
 Space #200
 Hays, KS 67601

 

977           Village Square Mall
 57 Village Square Mall
 Space #68
 Effingham, IL 62401
 217-347-7202

 

979           Shops at Boardwalk
 8638 North Boardwalk Ave.
 Space #14
 Kansas City, MO 64154
 816-741-8812

 

980           North Grand Mall
 2801 Grand Avenue
 Space #1090
 Ames, IA 50010
 515-232-9126

 

981        Summit Mall
 Space #654
 3265 West Market Street
 Akron, OH 44333
 330-873-1730

 

982        Town Center at Levis Commons
 4175 Levis Commons Blvd.
 Perrysburg, OH 43551
 419-872-3750

 

983        South Hill Mall
 3500 South Meridian
 Puyallup, WA 98373
 253-435-4472

 

986        Garden City Plaza
 2214 East Kansas Ave.
 Space #23 & #24
 Garden City, KS 67846
 620-260-9407

 

990        Northfield Square
 Space #424a
 1600 N.State Route 50
 Bourbannais, IL 60914

 

 

Schedule 5.1 to Credit and Security Agreement

 

TRADE NAMES, CHIEF EXECUTIVE OFFICE, PRINCIPAL PLACE OF BUSINESS,

 

AND LOCATIONS OF COLLATERAL

 

TRADE NAMES

 

Christopher & Banks

C.J. Banks

Acorn

 

CHIEF EXECUTIVE OFFICE/PRINCIPAL PLACE OF BUSINESS

 

2400 Xenium Lane North

Plymouth, Minnesota 55441

 

OTHER INVENTORY AND EQUIPMENT LOCATIONS

 

None.

 

 

Schedule 5.2 to Credit and Security Agreement

 

CAPITALIZATION AND ORGANIZATIONAL CHART

 

Christopher & Banks Corporation, a Delaware corporation (“CBK”), is the parent organization and traded on the New York Stock Exchange.  Christopher & Banks, Inc., a Minnesota corporation (“CBI”), a wholly owned subsidiary of CBK, is the operating company and the Borrower under the Credit and Security Agreement. Christopher & Banks Company, a Minnesota corporation (“CBC”), is a wholly owned subsidiary of CBI.  Christopher & Banks Services Company, a Minnesota corporation, is a wholly owned subsidiary of CBC.

 

 

Schedule 5.7 to Credit and Security Agreement

 

LITIGATION MATTERS

 

None.

 

 

Schedule 5.11 to Credit and Security Agreement

 

INTELLECTUAL PROPERTY DISCLOSURES

 

The Borrower has the following trademarks:

Christopher & Banks

C&B by Christopher & Banks

C.J. Banks

Shapely Siloutettes

 

Braun’s

 

The Borrower files a copyright on many of its designs. This list constantly changes and a copy may be obtained by contacting the Borrower’s Chief Financial Officer.

 

 

Schedule 5.14 to Credit and Security Agreement

 

ENVIRONMENTAL MATTERS

 

None.

 

 

Schedule 6.3 to Credit and Security Agreement

 

PERMITTED LIENS

 

None.

 

 

Schedule 6.4 to Credit and Security Agreement

 

Permitted Indebtedness and Guaranties

 

INDEBTEDNESS

 

NONE.

 

GUARANTIES

 

NONE.

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