Document:

EX-10.13

Exhibit 10.13

FIRST AMENDMENT

TO THE

ABERCROMBIE & FITCH CO. NONQUALIFIED

SAVINGS AND SUPPLEMENTAL RETIREMENT PLAN I (PLAN I)

(January 1, 2001 Restatement)

     WHEREAS, Abercrombie & Fitch Co. (the “Company”) adopted the Abercrombie & Fitch Co.
Supplemental Retirement Plan effective July 1, 1998;

     WHEREAS, effective January 1, 2001, the Company amended, restated, and renamed the Abercrombie
& Fitch Co. Supplemental Retirement Plan as the Abercrombie & Fitch Nonqualified Savings and
Supplemental Retirement Plan;

     WHEREAS, effective immediately before January 1, 2009, the Abercrombie & Fitch Nonqualified
Savings and Supplemental Retirement Plan was divided into two sub-plans, one of which is named the
Abercrombie & Fitch Co. Nonqualified Savings and Supplemental Retirement Plan I (“Plan I”);

     WHEREAS, the terms of the Plan I govern amounts “deferred” (within the meaning of Section 409A
of the Code) before January 1, 2005 and the earnings thereon, and it is intended that such amounts
and the earnings thereon shall be exempt from the application of Section 409A of the Code; and

     WHEREAS, the Company desires to amend the terms of Plan I regarding cashouts and payments in
connection with domestic relations orders in a manner that does not cause the amounts deferred and
earnings thereon to become subject to the application of Section 409A of the Code;

     NOW, THEREFORE, Plan I is amended, effective as of January 1, 2009, in the following respects:

     1. Section 11.4 of the Plan is amended to provide as follows:

     “11.4 Small Benefits. Notwithstanding the preceding Sections or Section 12.3, the
Committee may, in its sole discretion, require a mandatory lump sum payment of amounts
deferred under the Plan that do not exceed the applicable dollar amount under Section
402(g)(1)(B) of the Code, provided that the payment results in the termination and
liquidation of the entirety of the Participant’s interest under the Plan, including all
agreements, methods, programs, or other arrangements with respect to which deferrals of
compensation are treated as having been deferred under a single nonqualified deferred
compensation plan.”

     2. Section 16.1 of the Plan is amended to provide as follows:

     “16.1 Committee Discretion. The Committee has the unilateral right, at any time and
under any circumstances, to change the time and form of distribution of any benefit or
payment under the Plan. The Committee may, in its sole discretion, accelerate

1

 

the time or schedule of a payment under the Plan to an individual other than the Participant
as may be necessary to fulfill a domestic relations order (as defined in Section
414(p)(1)(B) of the Code). Unless otherwise provided in the domestic relations order,
payment shall be made to such individual in a lump sum payment within ninety (90) days of
receipt of the final domestic relations order approved by the Committee.”

     3. Section 16.7 of the Plan is amended to provide as follows:

     “16.7 Nonalienation of Benefits. Except as permitted by the Plan, none of the
payments, benefits or rights of any Participant or Beneficiary shall be subject to any claim
of any creditor of such Participant or Beneficiary and, to the fullest extent permitted by
law, all such payments, benefits and rights shall be free from attachment, garnishment or
any other legal or equitable process available to any creditor of such Participant or
Beneficiary. Except as permitted by the Plan, no Participant or Beneficiary shall have the
right to alienate, commute, pledge, encumber or assign any of the benefits or payments which
the Participant or Beneficiary may expect to receive, contingent or otherwise, under the
Plan, except the right of a Participant to designate a Beneficiary.”

     IN WITNESS WHEREOF, the Company has caused this Amendment to be executed by its duly
authorized officer as of the 3rd day of September, 2008.

	 	 	 	 	 
	 	ABERCROMBIE & FITCH CO.

 	 
	 	By:  	/s/ Kevin Flatley
 	 
	 	 	Kevin Flatley, 	 
	 	 	Vice President of Compensation & Benefits 	 
	 

2EX-10.14

Exhibit 10.14

SUMMARY OF TERMS OF THE RESTRICTED STOCK UNIT GRANTS TO

NON-ASSOCIATE DIRECTORS OF ABERCROMBIE & FITCH CO.

(Approved by Board of Directors on August 15, 2005 and effective August 1, 2005)

Directors who are not associates of Abercrombie & Fitch Co. or its subsidiaries (“non-associate
directors”) receive an annual grant of 3,000 restricted stock units as part of their compensation.

The annual restricted stock unit grant is subject to the following provisions:

	 	•	 	Restricted stock units are to be granted annually on the date of the annual meeting of
stockholders pursuant to the Abercrombie & Fitch Co. 2005 Long-Term Incentive Plan.
	 
	 	•	 	The maximum value on the date of grant will be $300,000 (i.e., should the stock price
on the grant date exceed $100 per share, the number of restricted stock units granted will
be automatically scaled back to provide a maximum grant date value of $300,000).
	 
	 	•	 	The minimum value on the date of grant will be $120,000 (i.e., should the stock price
on the grant date be lower than $40 per share, the number of restricted stock units
granted will be automatically increased to provide a minimum grant date value of
$120,000).
	 
	 	•	 	Restricted stock units will vest on the later of (i) the first anniversary of the grant
date or (ii) the first “open window” trading date following the first anniversary of the
grant date, subject to earlier vesting in the event of the director’s death or total
disability or upon a change of control of Abercrombie & Fitch Co.EX-10.1

Exhibit 10.1

SECOND AMENDMENT TO CREDIT AGREEMENT

THIS SECOND AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated May 14, 2008, is entered into
by and among TWEEN BRANDS, INC., a Delaware corporation (the “Borrower”), each of the GUARANTORS
(as hereinafter defined), the REVOLVING CREDIT LENDERS (as hereinafter defined), the TERM LOAN
LENDERS (as hereinafter defined), and BANK OF AMERICA, N.A., a national banking association, in its
capacity as administrative agent for the Secured Parties (as defined below) under this Agreement
(hereinafter referred to in such capacity as the “Agent”).

BACKGROUND

WHEREAS, reference is made to that certain Credit Agreement dated as of September 12, 2007 (as same
may from time to time be amended, modified, supplemented, restated or replaced, the “Credit
Agreement”) by, among others, the Borrower, each of the Guarantors from time to time party thereto
(collectively, the “Guarantors” and, together with the Borrower, the “Loan Parties”), the Revolving
Credit Lenders and the Term Loan Lenders from time to time party thereto (collectively, the
“Lenders”) the Agent, for its own benefit and the benefit of the other Secured Parties (as defined
therein), National City Bank, as Syndication Agent, Fifth Third Bank, as Documentation Agent,
Citicorp North America, Inc., as Managing Agent, Banc of America Securities LLC, as sole book
runner, and Banc of America Securities LLC and National City Bank, as co-lead arrangers.
Capitalized terms used herein and not defined herein shall have the meanings assigned to such terms
in the Credit Agreement; and

WHEREAS, the Loan Parties have requested that the Lenders agree to modify certain terms of the
Credit Agreement with respect to the Borrower’s incurrence of certain contingent guaranty
liabilities, and the Lenders have agreed to do so, but only on the terms and conditions set forth
herein.

NOW, THEREFORE, intending to be legally bound hereby, in consideration of the foregoing and for
other good and valuable consideration received, the parties hereto covenant and agree as follows:

	 	1.	 	Definitions. Terms which are defined in the Credit Agreement and not otherwise defined
herein shall have the meanings given to them in the Credit Agreement. As used herein:
“including” is not a word of limitation and means “including without limitation”; “hereof,”
“herein,” and words of similar import refer to this Amendment as a whole; and, the plural
includes the singular and vice versa.
	 
	 	2.	 	Amendments to Credit Agreement. From and after the satisfaction of each and all of the
preconditions to effectiveness set forth in Paragraph 3 below, the Credit Agreement is
hereby amended as follows:

	 	a)	 	By inserting the following definitions in their proper alphabetical
order in Section 1.01 of the Credit Agreement:

            Contingent Lease Guaranty shall mean a Guaranty of Borrower of the Indebtedness of
Justice Stores, LLC (as tenant) under a real property lease entered into from and after May
1, 2008, in the ordinary course of business, with landlords of property owned, leased, or
managed by Simon Property Group, Inc., its subsidiaries and affiliates, which Guaranty
provides that Borrower shall have no obligation or liability thereunder unless Justice
Stores, LLC (or its permitted successor or assign) fails to operate at least two hundred
(200) locations (whether owned, leased or otherwise occupied) in the aggregate.

            Direct Lease Guaranty shall mean a Contingent Lease Guaranty under which the
obligations and liabilities of Borrower are no longer subject to any contingencies (other
than the failure of the tenant to satisfy its obligations under the underlying lease).

	 	b)	 	By deleting Section 7.02(c) of the Credit Agreement in its entirety
and inserting the following text in its stead:

            (c) Guaranties. Each of the Loan Parties shall not, and shall not permit any of its
Subsidiaries to, at any time, directly or indirectly, become or be liable in respect of any
Guaranty, or assume, guarantee,

 

 

become surety for, endorse or otherwise agree, become or remain directly or
contingently liable upon or with respect to any obligation or liability of any other Person,
except for:

                         (i) Guaranties of Indebtedness of the Loan Parties permitted hereunder;

                         (ii) Guaranties of Indebtedness of Unrestricted Subsidiaries to the extent permitted by
Section 7.02(h)(i);

                         (iii) endorsements of negotiable or other instruments for deposit or collection in the
ordinary course of business;

                         (iv) Contingent Lease Guaranties; provided that not more than fifteen (15) Contingent
Lease Guaranties may be entered into in any fiscal year, provided further that, to the
extent that less than fifteen (15) Contingent Lease Guaranties are entered into in any
fiscal year, such unutilized portion shall be added to the maximum number permitted for the
immediately following fiscal year (but not to any fiscal year thereafter);

                         (v) Direct Lease Guaranties; provided that the maximum aggregate Indebtedness
guaranteed thereunder shall not exceed the aggregate amount of twenty million dollars
($20,000,000) at any time; and

                         (vi) Permitted Guaranties.

	 	3.	 	Conditions to Effectiveness. This Amendment shall not be effective until each of the
following conditions precedent have been fulfilled to the satisfaction of the Agent:

	 	a)	 	This Amendment shall have been duly executed and delivered by the
Loan Parties, the Agent and the Lenders, and the Agent shall have received a
fully executed copy hereof and of each other document required hereunder.
	 
	 	b)	 	All action on the part of the Loan Parties necessary for the
valid execution, delivery and performance by the Loan Parties of this Amendment
shall have been duly and validly taken.
	 
	 	c)	 	The Loan Parties shall have reimbursed the Agent for all of its
reasonable out-of-pocket expenses incurred in connection with negotiation and
preparation of this Amendment, including all reasonable attorneys’ fees and
expenses.
	 
	 	d)	 	No Default or Event of Default shall have occurred and be continuing.
	 
	 	e)	 	The Loan Parties shall have provided such additional instruments,
documents, and agreements to the Agent as the Agent and its counsel may have
reasonably requested.

	 	4.	 	Representations and Warranties. Each Loan Party hereby represents and warrants to the
Agent and the Lenders that, as of the date hereof: (i) no Default or Event of Default has
occurred or exists under the Credit Agreement or under any other Loan Document, and (ii)
except with respect to those representations and warranties which relate solely to an
earlier date, all representations and warranties contained in the Credit Agreement and the
other Loan Documents are true and correct as of the date hereof.

	 	5.	 	Miscellaneous.

	 	a)	 	Except as provided herein, all terms and conditions of the Credit
Agreement and the other Loan Documents remain in full force and effect and are
hereby ratified and confirmed in all respects.
	 
	 	b)	 	This Amendment may be executed in counterparts, each of which when so
executed and delivered shall be an original, and all of which together shall
constitute one agreement. Delivery of an executed

2

 

	 	 	 	counterpart of a signature page hereto by facsimile or electronic means (such as PDF)
shall be effective as delivery of a manually executed counterpart hereof.

	 	c)	 	This Amendment expresses the entire understanding of the parties with
respect to the transactions contemplated hereby. No prior negotiations or
discussions shall limit, modify, or otherwise affect the provisions hereof.
	 
	 	d)	 	The Loan Parties shall execute and deliver to the Agent whatever
additional documents, instruments, and agreements that the Agent may reasonably
require in order to give effect to, and implement the terms and conditions of this
Amendment.
	 
	 	e)	 	Any determination that any provision of this Amendment or any application
hereof is invalid, illegal, or unenforceable in any respect and in any instance
shall not affect the validity, legality, or enforceability of such provision in any
other instance, or the validity, legality, or enforceability of any other provisions
of this Amendment.
	 
	 	f)	 	In connection with the interpretation of this Amendment and all other
documents, instruments, and agreements incidental hereto:

	 	i.	 	The captions of this Amendment are for convenience
purposes only, and shall not be used in construing the intent of the Agent,
the Lenders and the Loan Parties under this Amendment.
	 
	 	ii.	 	In the event of any inconsistency between the
provisions of this Amendment and any of the other Loan Documents, the
provisions of this Amendment shall govern and control.
	 
	 	iii.	 	The parties hereto have prepared this Amendment and all
documents, instruments, and agreements incidental hereto with the aid and
assistance of their respective counsel. Accordingly, all of them shall be
deemed to have been drafted by each of them and shall not be construed
against either party.

[Signature Pages Follow]

3

 

IN WITNESS WHEREOF, the parties hereto, by their officers thereunto duly authorized, have executed
this Amendment as of the day and year first above written.

	 	 	 	 	 
	 	BORROWER:

TWEEN BRANDS, INC.

 	 
	 	By:  	/s/ Greg J. Henchel
 	 
	 	 	Name:  	Greg J. Henchel 	 
	 	 	Title:  	Senior Vice President and General Counsel 	 
	 
	 	GUARANTORS:

AMERICAN FACTORING, INC.

 	 
	 	By:  	/s/ Kevin R. Schockling
 	 
	 	 	Name:  	Kevin R. Schockling 	 
	 	 	Title:  	Vice President 	 
	 
	 	FLORET, LLC

 	 
	 	By:  	/s/ Kevin R. Schockling
 	 
	 	 	Name:  	Kevin R. Schockling 	 
	 	 	Title:  	Secretary 	 
	 
	 	JUSTICE STORES, LLC

 	 
	 	By:  	/s/ Kevin R. Schockling
 	 
	 	 	Name:  	Kevin R. Schockling 	 
	 	 	Title:  	Assistant Secretary 	 
	 
	 	LT HOLDING, INC.

 	 
	 	By:  	/s/ Kevin R. Schockling
 	 
	 	 	Name:  	Kevin R. Schockling 	 
	 	 	Title:  	Secretary 	 

4

 

	 	 	 	 	 

	 	 	 	 	 
	 	TWEEN BRANDS IMPORT CORP.

 	 
	 	By:  	/s/ Kevin R. Schockling
 	 
	 	 	Name:  	Kevin R. Schockling 	 
	 	 	Title:  	Secretary 	 
	 
	 	TWEEN BRANDS DIRECT SERVICES INC.

 	 
	 	By:  	/s/ Kevin R. Schockling
 	 
	 	 	Name:  	Kevin R. Schockling 	 
	 	 	Title:  	Secretary 	 
	 
	 	TWEEN BRANDS AGENCY, INC.

 	 
	 	By:  	/s/ Kevin R. Schockling
 	 
	 	 	Name:  	Kevin R. Schockling 	 
	 	 	Title:  	Secretary 	 
	 
	 	TWEEN BRANDS DIRECT, LLC

 	 
	 	By:  	/s/ Kevin R. Schockling
 	 
	 	 	Name:  	Kevin R. Schockling 	 
	 	 	Title:  	Secretary 	 
	 
	 	TWEEN BRANDS PURCHASING, INC.

 	 
	 	By:  	/s/ Kevin R. Schockling
 	 
	 	 	Name:  	Kevin R. Schockling 	 
	 	 	Title:  	Secretary 	 

5

 

	 	 	 	 	 

	 	 	 	 	 
	 	

TWEEN BRANDS STORE PLANNING, INC.

 	 
	 	By:  	/s/ Kevin R. Schockling
 	 
	 	 	Name:  	Kevin R. Schockling 	 
	 	 	Title:  	Secretary 	 
	 
	 	TOO GC, LLC

 	 
	 	By:  	/s/ Kevin R. Schockling
 	 
	 	 	Name:  	Kevin R. Schockling 	 
	 	 	Title:  	Secretary 	 
	 
	 	TWEEN BRANDS SERVICE CO.

 	 
	 	By:  	/s/ Kevin R. Schockling
 	 
	 	 	Name:  	Kevin R. Schockling 	 
	 	 	Title:  	Secretary 	 
	 
	 	TWEEN BRANDS INVESTMENT, LLC

 	 
	 	By:  	/s/ Kevin R. Schockling
 	 
	 	 	Name:  	Kevin R. Schockling 	 
	 	 	Title:  	Secretary 	 
	 
	 	TOO IMPORT, LLP

 	 
	 	By:  	/s/ Kevin R. Schockling
 	 
	 	 	Name:  	Kevin R. Schockling 	 
	 	 	Title:  	Secretary 	 

6

 

	 	 	 	 	 

	 	 	 	 	 
	 	AGENT AND LENDERS:

BANK OF AMERICA, N.A., individually as a Lender

and in its capacity as Agent

 	 
	 	By:  	/s/ Christine M. Scott
 	 
	 	 	Name:  	Christine M. Scott 	 
	 	 	Title:  	Director 	 
	 
	 	NATIONAL CITY BANK

 	 
	 	By:  	/s/ Matthew Potter
 	 
	 	 	Name:  	Matthew Potter 	 
	 	 	Title:  	Vice President 	 
	 
	 	FIFTH THIRD BANK

 	 
	 	By:  	/s/ Brent M. Jackson
 	 
	 	 	Name:  	Brent M. Jackson 	 
	 	 	Title:  	Vice President 	 
	 
	 	CITICORP USA INC.

 	 
	 	By:  	/s/ Lewis Fisher
 	 
	 	 	Name:  	Lewis Fisher 	 
	 	 	Title:  	Vice President 	 
	 
	 	KEYBANK NATIONAL ASSOCIATION

 	 
	 	By:  	/s/ Sean D. Beckwith
 	 
	 	 	Name:  	Sean D. Beckwith 	 
	 	 	Title:  	VP Senior Underwriter 	 

7

 

	 	 	 	 	 

	 	 	 	 	 
	 	US BANK, NATIONAL ASSOCIATION

 	 
	 	By:  	/s/ Kenneth R. Fieler
 	 
	 	 	Name:  	Kenneth R. Fieler 	 
	 	 	Title:  	Assistant Vice President 	 
	 
	 	HSBC BANK USA, NATIONAL ASSOCIATION

 	 
	 	By:  	/s/ Richard van der Meer
 	 
	 	 	Name:  	Richard van der Meer 	 
	 	 	Title:  	Vice President 	 
	 
	 	JPMORGAN CHASE BANK, N.A.

 	 
	 	By:  	/s/ James A. Knight
 	 
	 	 	Name:  	James A. Knight 	 
	 	 	Title:  	Vice President 	 
	 
	 	HUNTINGTON NATIONAL BANK

 	 
	 	By:  	/s/ John M. Luehmann
 	 
	 	 	Name:  	John M. Luehmann 	 
	 	 	Title:  	Vice President 	 
	 
	 	SOVEREIGN BANK

 	 
	 	By:  	/s/ John M. Luehmann
 	 
	 	 	Name:  	Judith C. E. Kelly 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	LASALLE BANK NATIONAL ASSOCIATION

 	 
	 	By:  	/s/ Christine M. Scott
 	 
	 	 	Name:  	Christine M. Scott 	 
	 	 	Title:  	Director 	 
	 

8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00147-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00147-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00147-of-00352.parquet"}]]