Document:

SUBSCRIPTION AGREEMENT

                                                          As of January 13, 2006

To the Board of Directors of
Ascend Acquisition Corp.:

Gentlemen:

     The undersigned hereby subscribes for and agrees to purchase 208,334 units
("Insider Units"), each consisting of one share of common stock and two
warrants, each to purchase one share of common stock, of Ascend Acquisition
Corp. (the "Corporation"), at $6.00 per Insider Unit for an aggregate purchase
price of $1,250,004 ("Purchase Price"). The purchase and issuance of the Insider
Units shall occur simultaneously with the consummation of the Corporation's
initial public offering of securities ("IPO"). The Insider Units will be sold to
the undersigned on a private placement basis and not part of the IPO.

     At least 24 hours prior to the effective date of the registration statement
filed in connection with the IPO ("Registration Statement"), the undersigned
shall deliver the Purchase Price to Graubard Miller to hold in a non-interest
bearing account until the Corporation consummates the IPO. Simultaneously with
the consummation of the IPO, Graubard Miller shall deposit the Purchase Price,
without interest or deduction, into the trust fund ("Trust Fund") established by
the Corporation for the benefit of the Corporation's public stockholders as
described in the Corporation's Registration Statement, pursuant to the terms of
an Investment Management Trust Agreement to be entered into between the
Corporation and Continental Stock Transfer & Trust Company. In the event that
the IPO is not consummated, GM shall return the Purchase Price to the
undersigned, without interest or deduction.

     The undersigned represents and warrants that it has been advised that the
Insider Units have not been registered under the Securities Act; that it is
acquiring the Insider Units for its account for investment purposes only; that
it has no present intention of selling or otherwise disposing of the Insider
Units in violation of the securities laws of the United States; that it is an
"accredited investor" as defined by Rule 501 of Regulation D promulgated under
the Securities Act of 1933, as amended (the "Securities Act"); and that it is
familiar with the proposed business, management, financial condition and affairs
of the Corporation.

     Moreover, the undersigned agrees that he shall not sell or transfer the
Insider Units or any underlying securities (collectively, "Insider Securities")
until after the Corporation consummates a merger, capital stock exchange, asset
acquisition or other similar business combination with an operating business
("Business Combination") and acknowledges that the certificates for such Insider
Units shall contain a legend indicating such restriction on transferability. If
the Company solicits approval of its stockholders of a Business Combination, the
undersigned will vote all shares of common stock included within the Insider
Securities owned by him in accordance with the majority of the votes cast by the
holders of the shares of common stock issued in the Company's IPO. Additionally,
the undersigned hereby waives, with respect to the Insider Securities, any and
all right, title, interest or claim of any kind ("Claim") in or to any
distribution of the Trust Fund and any remaining net assets of the Corporation
as a result of the liquidation of the Company and hereby waives any Claim the
undersigned may have in the future as a result of, or arising out of, any
contracts or agreements with the Company and will not seek recourse against the
Trust Fund for any reason whatsoever.

     The Company hereby acknowledges and agrees that, in the event the Company
calls the warrants for redemption pursuant to that certain Warrant Agreement to
be entered into by the Company and Continental Stock Transfer & Trust Company in
connection with the Company's IPO, the Company shall allow the undersigned to
exercise any warrants included within the Insider Units by surrendering the
warrant for that number of shares of common stock equal to the quotient obtained
by dividing (x) the product of the number of shares of common stock underlying
the warrant, multiplied by the difference between the warrant exercise price and
the "Fair Market Value" (defined below) by (y) the Fair Market Value. The "Fair
Market Value" shall mean the average reported last sale price of the common
stock for the 10 trading days ending on the third trading day prior to the date
on which the notice of redemption is sent to holders of warrants.

                                        Very truly yours,

                                        /s/ Don K. Rice
                                        ----------------------
                                        Don K. Rice

Agreed to:

Ascend Acquisition Corp.

By: /s/ Don K. Rice
    ------------------------------
    Name: Don K. Rice
    Title: Chief Executive Officer

Graubard Miller

By: /s/ David Alan Miller
    -------------------------------
    Name: David Alan Miller
    Title: Managing PartnerEXECUTION
COPY

AMENDMENT TO STOCK PURCHASE
AGREEMENT

THIS AMENDMENT, dated as of
January  30,  2006 (this
‘‘Amendment’’), by and among
Warnaco Inc., a Delaware corporation (the
‘‘Purchaser’’), Fingen
Apparel N.V., a limited liability company organized and existing under
the laws of the Netherlands (‘‘Fingen
Apparel’’), Fingen S.p.A., a joint stock company
organized and existing under the laws of Italy
(‘‘Fingen S.p.A.’’), Euro
Cormar S.p.A., a joint stock company organized and existing under the
laws of Italy (‘‘Euro
Cormar’’), and Calvin Klein, Inc., a New York
corporation (‘‘CKI’’ and,
together with, Fingen Apparel, Fingen S.p.A. and Euro Cormar, the
‘‘Sellers’’) is made in
accordance with that certain Stock Purchase Agreement, dated as of
December  20,  2005 (the
‘‘Agreement’’), by and among
the Purchaser and the Sellers. Unless otherwise indicated, capitalized
terms used herein but not otherwise defined herein shall have the
respective meanings set forth in the
Agreement.

WITNESSETH

WHEREAS, in accordance with
Section 11.6 of the Agreement, the parties hereto desire to
amend the Agreement to reflect the changes set forth herein.

NOW,
THEREFORE, in consideration of the foregoing premises and the
representations, warranties, covenants and agreements contained herein,
and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, and intending to be
legally bound hereby, the parties hereto agree as
follows:

Section 1. Definitions. Except as
otherwise expressly provided herein, capitalized terms used herein but
not otherwise defined herein shall have the respective meanings set
forth in the Agreement.

Section 2. Amendments to the
Agreement. The Agreement (including any Schedule thereto) is
hereby amended as follows:

			
		(a) 	The
Table of Schedules set forth on page iii of the Agreement is hereby
amended by inserting, in correct order, a new Schedule 7.16 to
be entitled ‘‘Non-Fingen Banks and Performance Bond
Beneficiaries’’.

			
		(b) 	Schedule
1 of the Agreement is hereby amended by deleting from the
definition of ‘‘Closing Date Working
Capital’’ the words ‘‘the day
immediately prior to’’ immediately after the words
‘‘at the close of business on’’ and
immediately prior to the words ‘‘the Closing
Date’’.

			
		(c) 	Section
1.1 of the Agreement is hereby
amended:

			
		(i) 	by deleting in its
entirety each of the following defined terms and its definition (or
cross-references in Section 1.1 of the Agreement to its
definition):

			
		(1) 	Gold Lightening Declaration of
Trust;

			
		(2) 	Jeanswear Asia Declaration
of Trust;

			
		(3) 	Jeanswear Asia Nominee
Shares;

			
		(4) 	Jeanswear N.V.
Declarations of Trust;
and

			
		(5) 	Jeanswear
Korea.

			
		(ii) 	by inserting, in correct
alphabetical order, each of the following defined terms and its
definition (or cross-references to its
definition):

			
		(1) 	‘‘‘Applicable
Guarantor Liability’ means any Liability incurred by an
Applicable Guarantor (in its capacity as a guarantor in favor of a
Non-Fingen Bank) as a result of a default by a Company of such
Company’s obligations to a Non-Fingen
Bank.’’;

1

			
		(2) 	‘‘‘Designated
Non-Fingen Banks’ means, collectively, the Non-Fingen Banks
marked by one asterisk on Schedule
7.16.’’;

			
		(3) 	‘‘‘Fingen
Sellers Third Party Indebtedness Amount’ shall have the
meaning set forth in Section
7.16.’’;

			
		(4) 	‘‘‘Non-Fingen
Banks’ means, collectively, the Persons set forth in
Schedule 7.16 who are designated as ‘Non-Fingen
Banks’.’’;

			
		(5) 	‘‘‘Performance
Bond Beneficiaries’ means, collectively, the Persons set
forth in Schedule 7.16 who are designated as
‘Performance Bond Beneficiaries’.’’;
and

			
		(6) 	‘‘‘Performance
Bond Liability’ means any Liability incurred by Fingen
S.p.A. (in its capacity as the provider of a performance bond with
respect to, or guarantee of, the obligations of any Company, in each
case, in favor of a Performance Bond Beneficiary) as a result of a
default by a Company of such Company’s obligations to a
Performance Bond
Beneficiary.’’

			
		(iii) 	by
deleting from the definition
of:

			
		(1) 	‘‘Actual
Closing Date Cash’’ the words ‘‘the
day immediately prior to’’ immediately after the words
‘‘at the close of business on’’ and
immediately prior to the words ‘‘the Closing
Date’’;

			
		(2) 	‘‘Actual
Sellers Third Party Indebtedness’’ the words: (A)
‘‘and the amount of any applicable prepayment penalties
or similar costs or fees set forth in the applicable payoff letter
agreed upon by the Sellers’’ immediately after the words
‘‘together with any accrued interest
thereon’’ and immediately prior to the words
‘‘) as at the close of business’’ and (B)
‘‘the day immediately prior to’’
immediately after the words ‘‘at the close of business
on’’ and immediately prior to the words
‘‘the Closing
Date’’;

			
		(3) 	‘‘Certified
Closing Date Cash’’ the words ‘‘the
day immediately prior to’’ immediately after the words
‘‘at the close of business on’’ and
immediately prior to the words ‘‘the Closing
Date’’;

			
		(4) 	‘‘Certified
Sellers Third Party Indebtedness Amount’’ the
words: (A) ‘‘and the amount of any applicable prepayment
penalties or similar costs or fees set forth in the applicable payoff
letter agreed upon by the Sellers’’ immediately after the
words ‘‘together with any accrued interest
thereon’’ and immediately prior to the words
‘‘) as at the close of business’’ and (B)
‘‘the day immediately prior to’’
immediately after the words ‘‘at the close of business
on’’ and immediately prior to the words
‘‘the Closing Date’’;

			
		(5) 	‘‘Seller Third
Party Indebtedness and Cash Letter’’ the words
‘‘the day immediately prior to’’
immediately after the words ‘‘at the close of business
on’’ and immediately prior to the words
‘‘the Closing Date’’;
and

			
		(6) 	‘‘Sellers
Third Party Indebtedness Certificate’’ the words
‘‘Contracts relating to any Sellers Third Party
Indebtedness’’ immediately after the words
‘‘true and complete copies of all’’ and
immediately prior to the words ‘‘are attached
thereto’’ and replacing those deleted words with the
words ‘‘primary Contracts (and any material amendments
thereto) relating to any Sellers Third Party Indebtedness (other than
such Contracts (and such material amendments) relating to the Fingen
Sellers Third Party Indebtedness
Amount)’’.

			
		(d) 	Subclause
(ii) of the first sentence of Section 2.2(a) is hereby amended
by deleting the words ‘‘Certified Sellers Third Party
Indebtedness Amount’’ immediately after the words
‘‘or cause the Companies to reimburse,
the’’ and immediately prior to the period at the end of
such sentence and replacing those deleted words with the words
‘‘Fingen Sellers Third Party Indebtedness
Amount’’.

2

			
		(e) 	Section
2.4(b) of the Agreement is hereby
amended:

			
		(i) 	by amending and restating
in its entirety the fourth sentence to read as
follows:

‘‘The Accounting Firm
may not make any determination with respect to any matter not set forth
in the Dispute Notice or otherwise previously resolved, and the
Accounting Firm’s determination of (i) the Actual Closing Date
Working Capital shall not be more than the Closing Date Working Capital
set forth in the Dispute Notice or less than the amount of the Closing
Date Working Capital set forth in the Preliminary Adjustment Statement,
(ii)  the Companies’ cash and cash equivalents (including
interest earned on cash deposits) as at Closing shall not be more than
the amount of the Companies’ cash and cash equivalents
(including interest earned on cash deposits) as at Closing set forth in
the Dispute Notice or less than the amount of the Companies’
cash and cash equivalents (including interest earned on cash deposits)
as at Closing set forth in the Objection Statement (if any) or (iii)
the amount of Sellers Third Party Indebtedness (together with any
accrued interest thereon) as at Closing shall not be more than the
amount of Sellers Third Party Indebtedness (together with any accrued
interest thereon) as at Closing set forth in the Objection Statement
(if any) or less than the amount of Sellers Third Party Indebtedness
(together with any accrued interest thereon) as at Closing set forth in
the Dispute Notice.’’;
and

			
		(ii) 	by inserting a new tenth
sentence to read as
follows:

‘‘Notwithstanding
anything in this Agreement to the contrary, (i) adjustments to the
Sellers Third Party Indebtedness pursuant to this Section 2.4
may include adjustments to the Fingen Sellers Third Party Indebtedness
Amount and (ii) upon the determination (in accordance with this
Section 2.4) of the Actual Sellers Third Party Indebtedness,
each of Fingen S.p.A. and Fingen Apparel (in each case, in its capacity
as a lender) shall, and shall cause Fingen International B.V., a
company organized and existing under the laws of the Netherlands, in
its capacity as a lender, to, issue and deliver to the Purchaser and
its Affiliates, an unconditional payoff letter (in a form reasonably
satisfactory to the Purchaser) in respect of the Fingen Sellers Third
Party Indebtedness
Amount.’’.

			
		(f) 	The
second sentence of Section 3.1 is hereby amended and restated
in its entirety to read as follows: ‘‘With respect to a
Company, the Closing shall be deemed to be effective at 11:59
p.m., local time (of the city in which such Company’s principal
offices are located), on the Closing Date; provided, that, for
each Company, the Closing Date shall be the date of the document(s)
delivered by the parties pursuant to Sections 3.2(a)(ii) and
3.2(b)(ii).’’

			
		(g) 	Section
3.2(a)(xvi) of the Agreement is hereby amended and restated in its
entirety to read, ‘‘[INTENTIONALLY
OMITTED.]’’.

			
		(h) 	Section
3.2(c) is hereby amended and restated in its entirety to read as
follows:

‘‘At the Closing, the
Purchaser shall pay, or cause to be paid, by wire transfer of
immediately available funds to such account or accounts as the Sellers
shall specify, (i) the Closing Purchase Price (as determined in
accordance with Section 2.2(a)) to the Sellers in amounts consistent
with the Allocation Schedule and (ii) the Fingen Sellers Third Party
Indebtedness
Amount.’’

			
		(i) 	Section
4.6(c) of the Agreement is hereby amended and restated in its
entirety to read as follows:

‘‘At
Closing, there will be no Sellers Third Party Indebtedness other than
(i) Sellers Third Party Indebtedness owing to a Non-Fingen Bank and
(ii) the Fingen Sellers Third Party Indebtedness Amount paid by the
Purchaser at Closing pursuant to Section
7.16.’’

			
		(j) 	Section 5.6(c) of the
Agreement is hereby amended and restated in its entirety to read as
follows:

‘‘At Closing, there
will be no Jeanswear N.V. Third Party Indebtedness other than
(i)  Jeanswear N.V Third Party Indebtedness owing to a Non-Fingen
Bank and (ii) the Fingen Sellers Third Party Indebtedness Amount paid
by the Purchaser at Closing pursuant to Section
7.16.’’

3

			
		(k) 	Section
7.10 of the Agreement is hereby amended and restated in its
entirety to read as
follows:

‘‘Not less that two
Business Days prior to the Closing Date, the Jeanswear N.V. Sellers
and/or the Retail Sellers (as the case may be) shall, and shall cause
their respective Affiliates to, cancel, effective as of the Closing,
the authorizations of individuals to draw on, or to have access to, the
bank, savings, deposit or custodial accounts and safe deposit boxes
maintained by any Company. On the Closing Date (but prior to the
Closing), the Jeanswear N.V. Sellers and/or the Retail Sellers (as the
case may be) shall, and shall cause their respective Affiliates
(including the Companies) to, deliver to such applicable Persons as the
Purchaser may designate prior to the Closing, a letter (in a form
satisfactory to the Purchaser) requesting authorization of such
individuals as the Purchaser may designate to draw on, or to have
access to, the bank, savings, deposit or custodial accounts and safe
deposit boxes maintained by any
Company.’’

			
		(l) 	Section
7.13 of the Agreement is hereby amended and restated in its
entirety to read as
follows:

‘‘Prior to the Closing,
the Jeanswear N.V. Sellers shall, and shall cause their respective
Affiliates (including the applicable Jeanswear N.V. Companies) to, in
each case, in accordance with applicable Law and the Organizational
Documents of such Sellers and their respective Affiliates, (i) take all
actions necessary to transfer the Gold Lightening Shares not held by a
Company (such Gold Lightening Shares, the ‘Gold Lightening
Nominee Shares’) to Jeanswear Asia and (ii) cause Jeanswear
Asia not to take any action which would create or suffer to exist any
Encumbrance upon the Gold Lightening Nominee Shares or which would
otherwise violate the terms and conditions of this
Agreement.’’

			
		(m) 	Section 7.16 of the
Agreement is hereby amended and restated in its entirety to read as
follows:

‘‘Section 7.16
Indebtedness and Performance Bonds. At Closing, the Purchaser
and/or their respective Affiliates shall (a) repay all amounts of
Sellers Third Party Indebtedness owing by a Company to a Seller (in its
capacity as a lender) or Fingen International B.V., a company organized
and existing under the laws of the Netherlands, as of the Closing (such
amount of Sellers Third Party Indebtedness owing as of the Closing
(together with any accrued interest thereon), the ‘Fingen
Sellers Third Party Indebtedness Amount’) and (b) cause
letters of credit to be issued in favor of each Designated Non-Fingen
Bank and deliver a copy of such letters of credit to the Sellers.
Within seven Business Days of the Closing Date, the Purchaser shall
cause each Non-Fingen Bank to release each guarantee of an Applicable
Guarantor in favor of a Non-Fingen Bank. Within 30 days of the Closing
Date, the Purchaser shall cause each Performance Bond Beneficiary to
release each performance bond or guarantee provided by Fingen S.p.A.
with respect to the obligations of any Company to, and in favor of, a
Performance Bond
Beneficiary.’’

			
		(n) 	A new
Schedule 7.16, attached hereto as Annex A, is hereby
added to the Agreement.

			
		(o) 	A new
Section 7.20 is hereby added to the Agreement to read in its
entirety as follows:

‘‘Section
7.20 Fingen Apparel UK Name Change. As soon as
practicable after the Closing Date, but in any event within 90 days
after the Closing Date, the Purchaser shall cause Fingen Apparel UK to
change its name to a name that does not include the word
‘Fingen’ or any word confusingly similar to
‘Fingen’. Upon the effectiveness of such change, the
Purchaser shall promptly provide written evidence thereof to the Fingen
Sellers. Notwithstanding anything in this Section 7.20 to the
contrary, during such 90-day period, the Purchaser shall have the right
to use and hold itself out under one or more ‘Fingen’
names for purposes of ensuring an orderly transition of Fingen Apparel
UK from the Fingen Sellers to the Purchaser. From and after the
Closing, the Fingen Sellers shall have the sole and exclusive ownership
of the ‘Fingen’ name and variations and derivatives
thereof and the sole and exclusive right against the Purchaser to
conduct business under the name ‘Fingen’ and variations
and derivatives thereof.’’

4

			
		(p) 	Section
9.3(b) of the Agreement is hereby amended and restated in its
entirety to read, ‘‘(i)  any breach by the
Purchaser of any of its agreements, covenants or obligations contained
in this Agreement, (ii) any Applicable Guarantor Liability or (iii) any
Performance Bond
Liability.’’

			
		(q) 	Section
9.7(d) of the Agreement is hereby amended
by:

			
		(i) 	deleting the word
‘‘and’’ immediately after the words
‘‘(xi) CKI Transfer Liability’’ and
immediately prior to the words ‘‘(xii) any Jeanswear
Services International Trading Liability’’ and replacing
such deleted word with a comma; and

			
		(ii) 	inserting the words ‘‘,
(xiii) any Applicable Guarantor Liability and (xiv) any Performance
Bond Liability’’ immediately after the words
‘‘Jeanswear Services International Trading
Liability’’ and immediately prior to the words
‘‘(such exceptions to’’.

Section
3. Governing Law; Jurisdiction; Service of Process.
This Amendment shall be governed by and construed in accordance with
the laws of the State of New York without regard to the rules of
conflict of laws of the State of New York (other than Section 5-1401 of
the New York General Obligations Law) or any other jurisdiction that
would require the application of any other jurisdiction’s laws.
The Purchaser and each of the Sellers irrevocably and unconditionally
consent to submit to the jurisdiction and venue of any federal court
within the City of New York or any state court located in the New York
Courts (and of the appropriate appellate courts of such courts) for any
action to compel arbitration, for provisional or preliminary relief in
aid of arbitration or to prevent irreparable harm prior to the
appointment of the arbitral tribunal (and except for an action to
enforce a final arbitral award, irrevocably and unconditionally agree
not to commence any litigation relating hereto except in such courts)
and waive any objection or claim that such party may now or hereafter
have to the jurisdiction or venue of such courts or that such
litigation was brought in an inconvenient court or forum. Process in
any such action may be served on any party hereto anywhere in the world
or in accordance with Section 11.1 of the
Agreement.

Section 4. Dispute Resolution. Except
as otherwise expressly set forth in the Agreement, including
Section 2.4 thereof, all Disputes (including Disputes arising
out of, or in relation to, the Agreement as amended hereby) shall be
finally, exclusively and conclusively settled by binding arbitration,
as provided in Section 11.8 of the Agreement, under the
International Arbitration Rules of the AAA in effect at the time any
such arbitration is commenced, except as modified in this Section
4.

Section 5. Counterparts. This Amendment
may be executed in two or more counterparts, each of which shall be
deemed an original and all of which shall, taken together, be
considered one and the same agreement.

Section
6. Effect. Except as otherwise provided herein, the
provisions of the Agreement shall remain unmodified and in full force
and effect, and the Sellers and the Purchaser shall continue to perform
in accordance with the terms of the
Agreement.

[SIGNATURE PAGE TO
FOLLOW]

5

IN WITNESS WHEREOF, the parties have caused
this Amendment to be duly executed as of the day and year first above
written.

							
	WARNACO
INC.
	By:		/s/
Joseph R. Gromek
	 		Name: Joseph R.
Gromek
	 		Title: President and Chief Executive
Officer
	FINGEN
APPAREL
N.V.
	By:		/s/ Gabriele Martini
	 		Name:
Gabriele Martini
	 		Title:
Director
	FINGEN
S.P.A.
	By:		/s/ Cesare Brogi
	 		Name: Cesare
Brogi
	 		Title: Director and Chief Executive
Officer
	EURO
CORMAR
S.P.A.
	By:		/s/ Corrado Fratini
	 		Name:
Corrado Fratini
	 		Title: Chairman and Chief
Executive Officer
	CALVIN KLEIN,
INC.
	By:		/s/ Mark Fischer
	 		Name: Mark
Fischer
	 		Title: Vice President and
Secretary
	

[SIGNATURE PAGE
TO AMENDMENT TO STOCK PURCHASE
AGREEMENT]

6

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