Document:

exv10w1

Exhibit 10.1

February 10, 2011

BY ELECTRONIC DELIVERY

Darren Brady

12918 195th Place NE

Woodinville, WA 98077

     Re: Separation from Service

Dear Darren:

     As we have discussed, this letter confirms your separation from service at EnerNOC (the
“Company”). Your final date of employment shall be Friday, February 11, 2011 (the
“Separation Date”). This letter (the “Agreement”) serves as the release and waiver
of claims required for severance compensation and benefits under the Severance Agreement between
you and the Company dated January 22, 2008 (the “Severance Agreement”), attached hereto as
Exhibit A, and confirms the agreement between you and the Company concerning the terms of
your separation, as follows:

     1. Final Compensation and Reimbursements. You will receive on the Separation Date (i)
pay at your final base rate of pay for all work performed through the Separation Date, to the
extent not previously paid; and (ii) pay at your final base rate of pay for the Paid Time Off days
that you have earned but not used as of the Separation Date, as reflected on the books of the
Company. In addition, you will receive (iii) reimbursement for all reasonable business travel and
other expenses to which you are entitled within 60 days of your Separation Date, provided that you
submit all necessary substantiation and documentation within the deadlines required by the
Company’s policies and practices for reimbursement of expenses incurred by employees. Any such
reimbursement that would constitute “nonqualified deferred compensation” shall be subject to the
additional rules set forth in Section 409A of the Internal Revenue Code.

     2. Severance Compensation and Severance Benefits. In consideration of your signing
this Agreement without revoking your acceptance and subject to (x) your meeting in full your
obligations under this Agreement, including with respect to the release and waiver of claims set
forth in Paragraph 11 below; and (y) your meeting in full your obligations under the Assignment of
Invention, Non-Disclosure and Noncompetition Agreement dated January 3, 2008 (the “Restrictive
Covenant Agreement”) attached hereto as Exhibit B, the Company shall pay you the
following Severance Compensation and Severance Benefits:

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     (a) Severance Compensation. The Company shall pay you the “Severance
Compensation” set forth in Paragraph 1.9 of the Severance Agreement in the monthly gross
amount of $37,500. The Severance Compensation shall be paid (if at all) consistent with the
form and timing of payments requirements set forth in Paragraphs 2 and 7 of the Severance
Agreement.

     (b) Severance Benefits. The Company shall continue to provide you with the
employee benefits specified in Paragraph 2.3 of the Severance Agreement, or, if applicable,
equivalent monthly reimbursements as additional severance compensation in lieu of such
benefits, for a period of time consistent with the terms and conditions set forth in Paragraph
2.3 of the Severance Agreement (the “Severance Benefits”), so long as you timely elect
COBRA coverage. The Severance Benefits shall be paid (if at all) consistent with the form and
timing of payments requirements set forth in Paragraphs 2 and 7 of the Severance Agreement.

     (c) Additional Severance Compensation. The Company shall pay you an additional
payment in the gross amount of $200,000. This payment shall be paid (if at all) in the form
of one lump sum on the Company’s next regular payday after the seven (7) day revocation period
which follows the date you sign this Agreement. This payment shall be binding upon, and shall
inure to the benefit of, the parties hereto and their respective heirs, legal representatives,
successors, and assigns.

     (d) 2010 Annual Bonus Compensation. The Company shall pay you the Board of
Directors-approved $165,000 bonus payment. This payment shall be paid on February 25, 2011;
and it is not contingent upon your execution of this Agreement. This payment shall be binding
upon, and shall inure to the benefit of, the parties hereto and their respective heirs, legal
representatives, successors, and assigns.

     3. Restricted Stock and Stock Options.

     (a) Your rights and obligations with respect to any restricted stock and stock options
granted to you by the Company shall be governed by the terms of the applicable stock plan
and any agreements or other documents applicable to those grants. All unvested restricted
stock and stock options shall immediately expire and terminate on the Separation Date.

     (b) Within 90 days after the Separation Date, you will be eligible to exercise all of
your options which have vested as of the Separation Date, consistent with the terms and
conditions of the applicable stock option plan and any agreements or other documents
applicable to those options in effect on the Separation Date (the “Vested

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Options”). For the avoidance of doubt, at the expiration of such 90-day
exercise period, all unexercised Vested Options shall immediately expire and terminate, and,
thereafter, you will no longer have any right to exercise such remaining unexercised Vested
Options.

     4. Tax Withholdings. All payments by the Company under this Agreement will be reduced
by all taxes and other amounts that the Company is required to withhold under applicable law and
all other legally permissible deductions authorized by you.

     5. Acknowledgement of Full Payment. You acknowledge and agree that the payments
provided for under Paragraphs 1 and 2 of this Agreement are in complete satisfaction of any and all
compensation and payments due to you from the Company, whether for services provided to the Company
or otherwise, through the Separation Date and that, except as expressly provided under this
Agreement, no further compensation, payment, or benefit is owed to you or will be paid to you in
the future.

     6. Status of Employee Benefits and Paid Time Off. Subject to the requirements in
Paragraph 2 above, you will be eligible for the Severance Benefits described in Paragraph 2.3 of
the Severance Agreement. In addition, regardless of whether you sign this Agreement, you will be
eligible to continue your participation and that of your eligible dependents in the Company’s
health and dental insurance plans for a period of time through the federal law known as “COBRA.”
The Company will provide you with information under separate cover regarding your COBRA rights.
Except as otherwise provided in this Agreement, your participation in all Company employee benefit
plans will end as of the Separation Date, in accordance with the terms of those plans. You will
not continue to earn Paid Time Off after the Separation Date.

     7. Restrictive Covenant Agreement. You agree that, as an express condition of your
receipt and retention of the Severance Compensation and Severance Benefits provided to you
hereunder, you will continue to abide by the terms of the Restrictive Covenant Agreement following
the Separation Date.

     8. Non-Disclosure. You agree that you will not disclose this Agreement or any of its
terms or provisions, whether directly or by implication, except to members of your immediate family
and to your legal and tax advisors, and then only on condition that they agree not to further
disclose this Agreement or any of its terms or provisions to others. You also agree that,
consistent with the Restrictive Covenant Agreement, you will continue to protect Proprietary
Information, as defined therein, and that you will never, directly or indirectly, use or disclose
it. You further agree that you will not disparage or criticize the Company or any of its
Affiliates, their management, business, products or services, and that you will not otherwise do or
say anything that could disrupt the good morale of the employees of the Company and its Affiliates
or harm their interests or reputation. For purposes of this Agreement, “Affiliate” shall
mean any

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corporation, organization, association, partnership, sole proprietorship or other type of
entity, whether incorporated or unincorporated, directly or indirectly controlling or controlled by
or under direct or indirect common control with the Company, including without limitation each and
every other member of the Company.

     9. Employee Cooperation. You agree to cooperate with the Company hereafter with
respect to all matters arising during or related to your employment, including but not limited to
all matters in connection with any governmental investigation, litigation or regulatory or other
proceeding which may have arisen or which may arise following the signing of this Agreement.

     10. Return of Company Documents and Other Property. In signing this Agreement, other
than as permitted in any consulting agreement with the company, you give the Company assurance that
you have returned to it any and all documents, materials and information related to the business,
whether present or otherwise, of the Company and its Affiliates (as defined herein), and all keys
and other property of the Company and its Affiliates in your possession or control. Recognizing
that your employment with the Company has ended, you agree that you will not, for any purpose,
except as expressly authorized in writing by the Company, attempt to access or use any computer or
computer network or system of the Company or any of its Affiliates, including without limitation
their electronic mail systems; provided that the foregoing restrictions shall not prohibit you from
using the Computer for personal use or to access personal information contained therein. Further,
you acknowledge that you have disclosed to the Company all passwords necessary or desirable to
enable the Company to access all information which you have password-protected on its computer
network or system.

     11. Release and Waiver of Claims.

          (a) In exchange for the Severance Compensation and Severance Benefits provided you
under this Agreement, to which you would not otherwise be entitled, you agree that this
Agreement shall be in complete and final settlement of any and all causes of action, rights
or claims that you have had in the past, now have, or might now have, whether known or
unknown, including without limitation any and all causes of actions, rights or claims that
are in any way related to, connected with or arise out of your employment or its termination
or pursuant to any federal, state or local law, regulation or other requirement, including
without limitation Title VII of the Civil Rights Act of 1964, the Americans with
Disabilities Act, the Age Discrimination in Employment Act, the Employee Retirement Income
Security Act, the fair employment practices statutes of the Commonwealth of Massachusetts
and any other states in which you have provided services to the Company, and any other
federal, state or local law, regulation or other requirement, all as amended, and you hereby
release, waive, and forever discharge the Company and its Affiliates (as defined above) and
all of its and their respective past,

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present, and future directors, shareholders, officers, employees, agents and
representatives, their respective successors and assigns, and all others connected with it
and them, both individually and in their official capacities, from any and all such causes
of action, rights and claims.

          (b) This Agreement, including the release and waiver of claims set forth in this
Paragraph 11, creates legally binding obligations, and the Company advises you to consider
its terms carefully and to consult with an attorney of your choosing before signing this
Agreement. In signing this Agreement, you give the Company assurance that you have signed
it voluntarily and with a full understanding of its terms; that you have had sufficient
opportunity to consider this Agreement and to consult with any of those persons listed in
Paragraph 8 above before signing it; and that, in signing this Agreement, you have not
relied on any promises or representations, whether express or implied, that are not set
forth expressly in this Agreement. You acknowledge that, by entering into this Agreement,
you are waiving any and all rights or claims you might have under the Age Discrimination in
Employment Act, as amended by the Older Workers Benefit Protection Act, and that you have
received consideration beyond that to which you were previously entitled.

     12. Miscellaneous.

     (a) This Agreement shall be governed by and construed in accordance with the laws of
the Commonwealth of Massachusetts, without regard to the conflicts of laws principles
thereof, except to the extent that federal law applies.

     (b) This letter contains the entire agreement between you and the Company and replaces
and supersedes all prior and contemporaneous agreements, communications and understandings,
whether written or oral, with respect to your employment and its termination and all related
matters; provided, however, that the Severance Agreement, the Restrictive
Covenant Agreement, the Amended and Restated 2003 Stock Option and Incentive Plan, the 2007
Employee, Director and Consultant Stock Plan, and any other applicable stock option plan or
plans and any agreements or other documents applicable to those options shall each remain in
full force and effect in accordance with their terms.

     (c) This Agreement may not be modified or amended orally, but only by a written
agreement signed by both Parties. No breach of this Agreement or failure to enforce or
insist on the rights under this Agreement shall constitute a waiver or abandonment of any
such rights or defense to enforcement of such rights.

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     (d) This Agreement is to be construed as a whole, according to its fair meaning, and
not strictly for or against any of the parties.

     (e) This Agreement may be executed by the parties in any number of counterparts, each
of which shall be deemed an original, but all of which shall constitute one and the same
agreement.

     If the terms of this Agreement are acceptable to you, please sign, date and return it to me on
or after the Separation Date, within twenty-one (21) days of the date you receive it. Please note
that in order to be eligible for the Severance Compensation and Severance Benefits provided herein,
you must timely sign and return the Agreement no later than twenty-one (21) days after the date you
receive it. You may revoke this Agreement at any time during the seven (7) days immediately
following the date of your timely signing. If you timely return the Agreement and do not revoke
it, then, at the expiration of that seven-day period (the “Effective Date”), this Agreement
will take effect as a legally-binding agreement between you and the Company on the basis set forth
above.

Sincerely,

/s/ Kenneth Sullivan

Kenneth Sullivan

Senior Director, Human Resources

     I hereby agree to the terms and conditions set forth above. I have been given at least
twenty-one (21) days to consider this Agreement, and I have chosen to execute this Agreement on the
date set forth below. I intend that this Agreement will become a binding agreement between me and
the Company if I do not revoke my acceptance within seven (7) days from the date I sign and return
this letter to the Company. Accepted and agreed:

	 	 	 	 	 

	Signature:

	 	/s/ Darren Brady	 	 
	 

	 	 

Darren Brady
	 	 

Date: February 15, 2011

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Exhibit 10.2.2

EXHIBIT A

to

THIRD AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT

ASSIGNMENT AND ACCEPTANCE AGREEMENT

     This ASSIGNMENT AND ACCEPTANCE AGREEMENT (this “Assignment and
Acceptance”) dated as of                     , 200_ is made between                      (the
“Assignor”) and                      (the “Assignee”).

WITNESSETH:

     WHEREAS, Wachovia Bank, National Association, in its capacity as agent pursuant to the
Loan Agreement (as hereinafter defined) acting for and on behalf of the financial institutions
which are parties thereto as lenders (in such capacity, “Agent”), and the financial
institutions which are parties to the Loan Agreement as lenders (individually, each a “Lender”
and collectively, “Lenders”) have entered or are about to enter into financing arrangements
pursuant to which Agent and Lenders may make loans and advances and provide other financial
accommodations to Delta Apparel, Inc., M.J. Soffe Co. and Junkfood Clothing Company
(collectively, “Borrowers”) as set forth in the Third
Amended and Restated Loan and Security Agreement, dated
September _____, 2007, by and among
Borrowers, Agent and Lenders (as the same now exists or may hereafter be amended, modified,
supplemented, extended, renewed, restated or replaced, the “Loan Agreement”), and the other
agreements, documents and instruments referred to therein or at any time executed and/or delivered
in connection therewith or related thereto (all of the foregoing, together with the Loan
Agreement, as the same now exist or may hereafter be amended, modified, supplemented,
extended, renewed, restated or replaced, being collectively referred to herein as the
“Financing Agreements”);

     WHEREAS, as provided under the Loan Agreement, Assignor committed to making Loans (the
“Committed Loans”) to Borrowers in an aggregate amount not
to exceed $100,000,000 (the
“Commitment”);

     WHEREAS, Assignor wishes to assign to Assignee [part of the] [all] rights and obligations
of Assignor under the Loan Agreement in respect of its Commitment in an amount equal to
$                    
(the “Assigned Commitment Amount”) on the terms and subject to the conditions
set forth herein and Assignee wishes to accept assignment of such rights and to assume such
obligations from Assignor on such terms and subject to such conditions;

NOW, THEREFORE, in consideration of the foregoing and the mutual agreements contained herein,
the parties hereto agree as follows:

     1. Assignment and Acceptance.

          (a) Subject
to the terms and conditions of this Assignment and Acceptance, Assignor hereby
sells, transfers and assigns to Assignee, and Assignee hereby purchases, assumes and undertakes
from Assignor, without recourse and without representation or warranty (except as provided in
this Assignment and Acceptance) an interest in (i) the Commitment and each of the Committed
Loans of Assignor and (ii) all related rights, benefits,
obligations, liabilities and

 

 

indemnities of the Assignor under and in connection with the Loan Agreement and the other
Financing Agreements, so that after giving effect thereto, the Commitment of Assignee
shall be as set
forth below and the Pro Rata Share of Assignee shall be (                    %) percent.

          (b) With effect on and after the Effective Date (as defined in Section 5 hereof),
Assignee shall be a party to the Loan Agreement and succeed to all of the rights and be
obligated to
perform all of the obligations of a Lender under the Loan Agreement, including the
requirements
concerning confidentiality and the payment of indemnification, with a Commitment in an
amount
equal to the Assigned Commitment Amount. Assignee agrees that it will perform in
accordance with
their terms all of the obligations which by the terms of the Loan Agreement are required
to be
performed by it as a Lender. It is the intent of the parties hereto that the Commitment
of Assignor
shall, as of the Effective Date, be reduced by an amount equal to the Assigned Commitment
Amount
and Assignor shall relinquish its rights and be released from its obligations under the
Loan
Agreement to the extent such obligations have been assumed by
Assignee; provided, that,
Assignor
shall not relinquish its rights under Sections 2.1, 6.4, 6.8 and 6.9 of the Loan
Agreement to the extent
such rights relate to the time prior to the Effective Date.

          (c) After giving effect to the assignment and assumption set forth herein, on the
Effective Date Assignee’s Commitment will be $                    .

          (d) After giving effect to the assignment and assumption set forth herein, on
the
Effective Date Assignor’s Commitment will be $                     (as such amount may be further
reduced by any other assignments by Assignor on or after the date hereof).

     2. Payments.

          (a) As consideration for the sale, assignment and transfer contemplated in Section 1
hereof, Assignee shall pay to Assignor on the Effective Date in immediately available
funds an
amount equal to $                    , representing Assignee’s Pro Rata Share of the principal amount of
all Committed Loans.

          (b) Assignee shall pay to Agent the processing fee in the amount specified in
Section 13.7(a) of the Loan Agreement.

     3. Reallocation of Payments. Any interest, fees and other payments
accrued to the
Effective Date with respect to the Commitment, Committed Loans and outstanding Letters of
Credit
shall be for the account of Assignor. Any interest, fees and other payments accrued on
and after the
Effective Date with respect to the Assigned Commitment Amount shall be for the account of
Assignee. Each of Assignor and Assignee agrees that it will hold in trust for the other
party any
interest, fees and other amounts which it may receive to which the other party is
entitled pursuant to
the preceding sentence and pay to the other party any such amounts which it may receive
promptly
upon receipt.

     4. Independent Credit Decision. Assignee acknowledges that it has received a
copy of
the Loan Agreement and the Schedules and Exhibits thereto, together with copies of the
most recent
financial statements of Borrowers and their Subsidiaries, and such other documents and
information
as it has deemed appropriate to make its own credit and legal analysis and decision to
enter into this
Assignment and Acceptance and agrees that it will, independently and without reliance
upon
Assignor, Agent or any Lender and based on such documents and information as it shall
deem

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appropriate at the time, continue to make its own credit and legal decisions in
taking or not taking action under the Loan Agreement.

     5. Effective
Date; Notices.

          (a) As between Assignor and Assignee, the effective date for this Assignment
and Acceptance shall be                     , 20                      (the “Effective Date”); provided, that, the following
conditions precedent have been satisfied on or before the Effective Date:

	 	(i)	 	this Assignment and Acceptance shall be executed
and delivered by Assignor and Assignee;
	 
	 	(ii)	 	the consent of Agent as required for an effective assignment of the Assigned Commitment
Amount by Assignor to Assignee shall have been duly obtained and shall be in full force and
effect as of the Effective Date;
	 
	 	(iii)	 	written notice of such assignment, together with payment instructions, addresses and related
information with respect to Assignee, shall have been given to Administrative Borrower and
Agent; Assignee shall pay to Assignor all amounts due to Assignor under this Assignment and
Acceptance; and
	 
	 	(iv)	 	the processing fee referred to in Section 2(b)
hereof shall have been paid to Agent.

          (b) Promptly following the execution of this Assignment and Acceptance,
Assignor shall deliver to Administrative Borrower and Agent, for acknowledgment by
Agent, a
Notice of Assignment in the form attached hereto as Schedule 1.

     6. [Agent. [INCLUDE ONLY IF ASSIGNOR IS AN AGENT]

          (a) Assignee hereby appoints and authorizes Assignor in its capacity as Agent to
take such action as agent on its behalf to exercise such powers under the Loan Agreement
as are
delegated to Agent by Lenders pursuant to the terms of the Loan Agreement.

          (b) Assignee shall assume no duties or obligations held by Assignor in its
capacity as Agent under the Loan Agreement.]

     7. Withholding Tax. Assignee (a) represents and warrants to Assignor,
Agent and
Borrowers that under applicable law and treaties no tax will be required to be withheld
by Assignee,
Agent or Borrowers with respect to any payments to be made to Assignee hereunder or
under any of
the Financing Agreements, (b) agrees to furnish (if it is organized under the laws of
any jurisdiction
other than the United States or any State thereof) to Agent and Borrowers, prior to the
time that
Agent or Borrowers are required to make any payment of principal, interest or fees
hereunder,
duplicate executed originals of either U.S. Internal Revenue Service Form W-8BEN or
W-8ECI, as
applicable (wherein Assignee claims entitlement to the benefits of a tax treaty that
provides for a
complete exemption from U.S. federal income withholding tax on all payments hereunder)
and
agrees to provide new such Forms upon the expiration of any previously delivered
form or
comparable statements in accordance with applicable U.S. law and. regulations and
amendments
thereto, duly executed and completed by Assignee, and (c) agrees to comply with all
applicable U.S. laws and regulations with regard to such withholding tax exemption.

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     8. Representations and Warranties.

          (a) Assignor represents and warrants that (i) it is the legal and beneficial owner
of the interest being assigned by it hereunder and that such interest is free and clear of
any security
interest, lien, encumbrance or other adverse claim, (ii) it is duly organized and existing
and it has the
full power and authority to take, and has taken, all action necessary to execute and
deliver this
Assignment and Acceptance and any other documents required or permitted to be executed or
delivered by it in connection with this Assignment and Acceptance and to fulfill its
obligations
hereunder, (iii) no notices to, or consents, authorizations or approvals of, any Person are
required
(other than any already given or obtained) for its due execution, delivery and performance
of this
Assignment and Acceptance, and apart from any agreements or undertakings or filings
required by
the Loan Agreement, no further action by, or notice to, or filing with, any Person is
required of it for
such execution, delivery or performance, and (iv) this Assignment and Acceptance has been
duly
executed and delivered by it and constitutes the legal, valid and binding obligation of
Assignor,
enforceable against Assignor in accordance with the terms hereof, subject, as to
enforcement, to
bankruptcy, insolvency, moratorium, reorganization and other laws of general application
relating to
or affecting creditors’ rights and to general equitable principles.

          (b) Assignor makes no representation or warranty and assumes no responsibility
with respect to any statements, warranties or representations made in or in connection
with the Loan
Agreement or any of the other Financing Agreements or the execution,
legality, validity,
enforceability, genuineness, sufficiency or value of the Loan Agreement or any other
instrument or
document furnished pursuant thereto. Assignor makes no representation or warranty in
connection
with, and assumes no responsibility with respect to, the solvency, financial condition or
statements of
Borrowers, Guarantors or any of their respective Affiliates, or the performance or observance by
Borrowers, Guarantors or any other Person, of any of their respective obligations under the
Loan Agreement or any other instrument or document furnished in connection therewith.

          (c) Assignee represents and warrants that (i) it is duly organized and existing and
it has full power and authority to take, and has taken, all action necessary to execute
and deliver this
Assignment and Acceptance and any other documents required or permitted to be executed or
delivered by it in connection with this Assignment and Acceptance and to fulfill its
obligations
hereunder, (ii) no notices to, or consents, authorizations or
approvals of, any Person are
required
(other than any already given or obtained) for its due execution, delivery and performance
of this
Assignment and Acceptance, and apart from any agreements or undertakings or filings
required by
the Loan Agreement, no further action by, or notice to, or filing with, any Person is
required of it for
such execution, delivery or performance, and (iii) this Assignment and Acceptance has been
duly
executed and delivered by it and constitutes the legal, valid and binding obligation of
Assignee,
enforceable against Assignee in accordance with the terms hereof, subject, as to
enforcement, to
bankruptcy, insolvency, moratorium, reorganization and other laws of general application
relating to
or affecting creditors’ rights to general equitable principles.

     9. Further Assurances. Assignor and Assignee each hereby agree to execute and
deliver such other instruments, and take such other action, as either party may reasonably
request in
connection with the transactions contemplated by this Assignment and Acceptance, including
the
delivery of any notices or other documents or instruments to Borrowers or Agent, which may
be
required in connection with the assignment and assumption contemplated hereby.

     10. Miscellaneous

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          (a) Any amendment or waiver of any provision of this Assignment and
Acceptance shall be in writing and signed by the parties hereto. No failure or delay by either
party hereto in exercising any right, power or privilege hereunder shall operate as a waiver
thereof and any waiver of any breach of the provisions of this Assignment and Acceptance
shall be without prejudice to any rights with respect to any other for further breach
thereof.

          (b) All payments made hereunder shall be made without any set-off or
counterclaim.

          (c) Assignor and Assignee shall each pay its own costs and expenses incurred in
connection with the negotiation, preparation, execution and performance of this Assignment
and
Acceptance.

          (d) This Assignment and Acceptance may be executed in any number of
counterparts and all of such counterparts taken together shall be deemed to constitute one
and the
same instrument.

          (e) THIS ASSIGNMENT AND ACCEPTANCE SHALL BE GOVERNED BY
AND CONSTRUED IN ACCORDANCE WITH THE LAW OF THE STATE OF GEORGIA.
Assignor and Assignee each irrevocably submits to the non-exclusive jurisdiction of any
State or
Federal court sitting in Fulton County, Georgia over any suit, action or proceeding arising
out of or
relating to this Assignment and Acceptance and irrevocably agrees that all claims in
respect of such
action or proceeding may be heard and determined in such Georgia State or Federal court.
Each party
to this Assignment and Acceptance hereby irrevocably waives, to the fullest extent it may
effectively
do so, the defense of an inconvenient forum to the maintenance of such action or
proceeding.

          (f) TO THE EXTENT PERMITTED BY APPLICABLE LAW, ASSIGNOR
AND ASSIGNEE EACH HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY
WAIVE ANY RIGHTS THEY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY
LITIGATION BASED HEREON, OR ARISING OUT OF, UNDER, OR IN CONNECTION WITH
THIS ASSIGNMENT AND ACCEPTANCE, THE LOAN AGREEMENT, ANY OF THE OTHER
FINANCING AGREEMENTS OR ANY RELATED DOCUMENTS AND AGREEMENTS OR
ANY COURSE OF CONDUCT, COURSE OF DEALING, OR STATEMENTS (WHETHER
ORAL OR WRITTEN).

     IN WITNESS WHEREOF, Assignor and Assignee have caused this Assignment and Acceptance to be
executed and delivered by their duly authorized officers as of the date first above written.

	 	 	 	 	 	 	 

	 	 	[ASSIGNOR]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	Title:
	 	 

	 	 
	 

	 	 	 	 

	 	 

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	 	 	[ASSIGNEE]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	Title:
	 	 

	 	 
	 

	 	 	 	 

	 	 

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SCHEDULE 1

	NOTICE OF ASSIGNMENT AND ACCEPTANCE

                    ,
20                    

	 

	Attn:                    

     Re: Delta Apparel, Inc., M.J. Soffe Co. and Junkfood Clothing Company

Ladies and Gentlemen:

     Wachovia Bank, National Association, in its capacity as agent pursuant to the Loan
Agreement (as hereinafter defined) acting for and on behalf of the financial institutions
which are parties thereto as lenders (in such capacity, “Agent”), and the financial
institutions which are parties to the Loan Agreement as lenders (individually, each a
“Lender” and collectively, “Lenders”) have entered or are about to enter into financing
arrangements pursuant to which Agent and Lenders may make loans and advances and provide other
financial accommodations to Delta Apparel, Inc., M.J. Soffe Co. and Junkfood Clothing Company
(collectively, “Borrowers”) as set forth in the Third Amended and Restated Loan and Security
Agreement, dated September __, 2007, by and among Borrowers, Agent and Lenders (as the same
now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or
replaced, the “Loan Agreement”), and the other agreements, documents and instruments referred
to therein or at any time executed and/or delivered in connection therewith or related thereto
(all of the foregoing, together with the Loan Agreement, as
the same now exist or may hereafter be amended, modified, supplemented, extended,
renewed, restated or replaced, being collectively referred to herein as the “Financing
Agreements”). Capitalized terms not otherwise defined herein shall have the respective
meanings ascribed thereto in the Loan Agreement.

     1. We hereby give you notice of, and request your consent to, the assignment by                     
(the “Assignor”) to
                     (the “Assignee”) such that after
giving effect to the assignment Assignee shall have an interest equal to                      (_%) percent of the
total Commitments pursuant to the Assignment and Acceptance Agreement attached hereto (the
“Assignment and Acceptance”). We understand that the Assignor’s Commitment shall be reduced by
$                    , as the same may be further reduced by other assignments on or after the date hereof.

     2. Assignee agrees that, upon receiving the consent of Agent to such assignment,
Assignee will be bound by the terms of the Loan Agreement as fully and to the same extent
as if
Assignee were the Lender originally holding such interest under the Loan Agreement.

 

     3. The following administrative details apply to Assignee:

	 	 	 	 	 	 	 	 	 

	 

	 	(A)
	 	Notice address:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 

	 	 	 	 	 	 	 	 	 

	 

	 	 	 	  Assignee name:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 

	 	 	 	 	 	 	 	 	 

	 

	 	 	 	 Address:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 

	 	 	 	 	 	 

	 	 
	 

	 	 	 	 	 	 

	 	 
	 

	 	 	 	 Attention:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 

	 	 	 	 Telephone:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 

	 	 	 	 Telecopier:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 

	 	 	 	 	 	 	 	 	 

	 

	 	(B)
	 	Payment instructions:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 

	 	 	 	 	 	 	 	 	 

	 

	 	 	 	 Account No.:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 

	 	 	 	 	 	 	 	 	 

	 

	 At:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 

	 	 	 	 	 	 	 	 	 

	 

	 	 	 	Reference:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 

	 	 	 	 	 	 	 	 	 

	 

	 	 	 	Attention:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 

     4. You are entitled to rely upon the representations, warranties and covenants of
each of
Assignor and Assignee contained in the Assignment and Acceptance.

     IN WITNESS WHEREOF, Assignor and Assignee have caused this Notice of Assignment and
Acceptance to be executed by their respective duly authorized officials, officers or agents as of
the date first above mentioned.

	 	 	 	 	 	 	 

	 	 	Very truly yours,	 	 
	 
	 	 	 	 	 	 
	 	 	[NAME OF ASSIGNOR]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 

	 	 
	 
	 	 	 	 	 	 
	 	 	[NAME OF ASSIGNEE]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 

	 	 

-2-

 

	 	 	 	 	 

	ACKNOWLEDGED AND ASSIGNMENT 

CONSENTED TO:	 	 
	 
	 	 	 	 
	AGENT:	 	 
	 
	 	 	 	 
	WACHOVIA BANK, NATIONAL ASSOCIATION,

as Agent	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

	 	 
	Title:
	 	 	 	 
	 

	 	 

	 	 
	 
	 	 	 	 
	BORROWERS*:	 	 
	 
	 	 	 	 
	DELTA APPAREL, INC.	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

	 	 
	Title:
	 	 	 	 
	 

	 	 

	 	 
	 
	 	 	 	 
	M.J. SOFFE CO.	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 	 	 
	Title:
	 	 	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	JUNKFOOD CLOTHING COMPANY	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 	 	 
	Title:
	 	 	 	 
	 

	 	 	 	 

 

			
	*	 	No signature of Borrowers required if a Default or Event of Default exists.

-3-

 

EXHIBIT B

PRICING GRID

For the period after the Closing Date until Borrowers deliver the required financial
statements and compliance certificate for the fiscal quarter ending December 29, 2007,
the applicable margin for Prime Rate Loans will be 0% and the applicable margin for
Eurodollar Rate Loans will be 1.75%. Thereafter, the applicable margin will be increased
or decreased on a quarterly basis, based upon the following pricing grid:

	 	 	 	 	 	 	 	 	 	 	 
	 	 	When Average Alternate	 	 	 	 
	 	 	Excess Availability or	 	Applicable	 	Applicable
	 	 	Fixed Charge Coverage Ratio	 	Prime Rate	 	Eurodollar
	Level	 	Is:	 	Margin	 	Rate Margin
	Level 1

	 	≥ $35,000,000

or >2.5:1
	 	-.50%
	 	 	1.25	%
	 
	 	 	 	 	 	 	 	 	 	 
	Level 2

	 	≥ $25,000,000 < $35,000,000

or ≥ 2.0:1 and less than 2.5:1
	 	-.25%
	 	 	1.50	%
	 
	 	 	 	 	 	 	 	 	 	 
	Level 3

	 	>15,000,000 <$25,000,000

or ≥ 1.5:1 and less than 2.0:1
	 	 	0	%	 	 	1.75	%
	 
	 	 	 	 	 	 	 	 	 	 
	Level 4

	 	≤ 15,000,000

or less than 1.5:1
	 	 	.25	%	 	 	2.00	%

     At any time that an Event of Default exists, the applicable margin shall be
adjusted immediately to the margin applicable for Level 4. For the avoidance of doubt,
Borrowers shall be entitled to the Level most favorable to Borrowers in which either the
Average Alternate Excess Availability or Fixed Charge Coverage Ratio test is met for such
Level.

 

 

     The term “Average Alternate Excess Availability” shall mean, at any time, the
average of the
aggregate amount of the Alternate Excess Availability of Borrowers, as calculated by
Agent, for the immediately preceding calendar quarter for which Agent has received Borrowers’
financial statements and compliance certificate as required by Section 9.6 of the Agreement.

     The applicable margin shall be calculated and established once each fiscal quarter,
effective as of the first day of such calendar quarter following Agent’s receipt of the
required financial statements and compliance certificate, and shall remain in effect until
adjusted thereafter as of the first day of a subsequent calendar quarter.

In the event that any financial statement or compliance certificate delivered by Borrowers for
any period is shown to be inaccurate (whether such inaccuracy is discovered at any time during
the effectiveness of Credit Facility or up to six months thereafter), and such inaccuracy, if
corrected, would have led to the application of a higher applicable margin for any period than
the applicable margin applied for such period, then (i) Borrowers shall immediately deliver to
Agent a correct compliance certificate for such period, (ii) the applicable margin for such
period shall be deemed to be the applicable margin that would have been in effect for such
period had the financial statement or compliance certificate delivered by Borrowers not
contained the inaccuracy, and (iii) Borrowers shall immediately pay to Agent the accrued
additional interest owing as a result of such increased applicable margin for such period.
Neither the recalculation of the applicable margin for such a period, nor the payment by
Borrowers of the accrued additional interest required, shall limit the rights of Agent and
Lenders with respect to their ability to charge interest at the Default Rate or to declare any
Event of Default or exercise any of their remedies during the existence of such an Event of
Default.

-2-

 

EXHIBIT C

FORM OF GUARANTEE

[intentionally
left blank – no document was provided by lenders]

 

 

EXHIBIT D

INFORMATION CERTIFICATE

-4-

 

INFORMATION CERTIFICATE

OF

DELTA APPAREL, INC.

M.J. SOFFE CO.

AND

JUNKFOOD CLOTHING COMPANY

Dated: September 21, 2007

Wachovia
Bank, National Association

171 17th Street

4th Floor

Atlanta, Georgia 30363

	In connection with certain financing (the “Financing”) provided or to be provided by you as
collateral and administrative agent (together with your successors in
such capacity, “Agent”) and,
together with certain other financial institutions, as lenders (collectively “Lenders”), the
undersigned Delta Apparel, Inc. (“Delta”), M.J. Soffe Co. (“Soffe”) and Junkfood Clothing Company
(“Junkfood” and, together with Delta and Soffe, the “Companies”) each represents and warrants to
Lender the following information about such Company, its organizational structure and other matters
of interest to Lender:

	 	1.	 	The full and exact name of the Company as set forth in its certificate of incorporation is
as follows:

	 	 	 	 	 

	 

	 	Delta:
	 	Delta Apparel, Inc.
	 
	 	 	 	 
	 

	 	Soffe:
	 	M. J. Soffe Co.
	 
	 	 	 	 
	 

	 	Junkfood:
	 	Junkfood Clothing Company

	 	 	 	The Companies use and own the following trade name(s) in the operation of their
business (e.g. billing, advertising, etc.):

	 	 	 	 	 

	 

	 	Delta:
	 	Delta Apparel, Quail Hollow, Fun Tees*
	 
	 	 	 	 
	 

	 	Soffe:
	 	Soffe, Intensity Athletics*
	 
	 	 	 	 
	 

	 	Junkfood:
	 	Junkfood, Junkfood Clothing Company

	 	 	*	names of divisions of Delta/Soffe

	 	2.	 	The Companies are registered organizations of the following type:.

	 	 	 	 	 

	 

	 	Delta:
	 	corporation
	 
	 	 	 	 
	 

	 	Soffe:
	 	corporation

1

 

	 	 	 	 	 

	 

	 	Junkfood:
	 	corporation

	 	3.	 	The Companies were organized on the following dates and under the laws of the
following states, and each Company is in good standing under laws of the state of its
organization.

	 	 	 	 	 	 	 

	 

	 	 	 	Date
	 	State
	 
	 	 	 	 	 	 
	 

	 	Delta:
	 	December 10, 1999
	 	Georgia
	 
	 	 	 	 	 	 
	 

	 	Soffe:
	 	September 26, 2003
	 	North Carolina
	 
	 	 	 	 	 	 
	 

	 	Junkfood:
	 	July 13, 2005
	 	Georgia

	 	4.	 	The organizational identification number of each Company issued by its jurisdiction of
organization is as follows:

	 	 	 	 	 	 	 

	 

	 	Delta:
	 	 	K950538	 
	 
	 	 	 	 	 	 
	 

	 	Soffe:
	 	 	0692669	 
	 
	 	 	 	 	 	 
	 

	 	Junkfood:
	 	 	0548727	 

	 	5.	 	The Federal Employer Identification Number of the Companies are as follows:

	 	 	 	 	 

	 

	 	Delta:
	 	58-2508794
	 
	 	 	 	 
	 

	 	Soffe:
	 	20-0262056
	 
	 	 	 	 
	 

	 	Junkfood:
	 	20-3214619

	 	6.	 	The Company is duly qualified and authorized to transact business as a foreign
organization in the following states and is in good standing in such states except as
provided below:

	 	 	 	 	 

	 

	 	Delta:
	 	Alabama, California, Florida, North Carolina, New Jersey, New York,
South Carolina, Tennessee
	 
	 	 	 	 
	 

	 	Soffe:
	 	California, Michigan, and New Jersey
	 
	 	 	 	 
	 

	 	Junkfood:
	 	California

	 	7.	 	Since its date of organization, the names as set forth in each Company’s organizational
documentation as filed of record with the applicable state authority has been changed as
follows:
	 
	 	 	 	Soffe changed its name from MJS Acquisition Company on October 3, 2003.

 

 

	 	8.	 	Since the date of organization, the Companies have made or entered into the following
mergers or acquisitions:
	 
	 	 	 	Delta Consolidated Corporation merged into Delta as part of the Delta Woodside
Industries reorganization in 2000.
	 
	 	 	 	Delta formed Soffe (which was named MJS Acquisition Company) to acquire all of the outstanding
stock of M. J. Soffe Co. (which was merged into Soffe as part of that acquisition), and that
acquisition was consummated on October 3, 2003.
	 
	 	 	 	Delta received 2,496 of the 2,500 issued and outstanding shares of the stock of Delta Apparel
Honduras, S.A. as a contribution to capital in connection with the reorganization (four
directors of Delta each own one share of the stock of Delta Apparel Honduras).
	 
	 	 	 	Delta organized Delta Cortes, S.A. and owns 2,499 of the 2,500 issued and outstanding shares of
its stock (Robert W. Humphreys owns one share of the stock of Delta Cortes,
S.A.)
	 
	 	 	 	Delta organized Delta Campeche, S.A. de C.V. and owns 49 of the 50 issued and outstanding shares
of its stock (Robert W. Humphreys owns one share of the stock of Delta Campeche, S.A. de C.V.).
	 
	 	 	 	On June 30, 1998, Soffe organized and became the sole
member of SAIM. On October 20, 1998, SAIM
acquired a 50% membership interest in each of Agencias 7000 S.A. and Soha Textiles, S.A., both
Costa Rican corporations. SAIM was dissolved on July 16, 2007. Agencias 7000 S.A. and Soha
Textiles, S.A. have also been dissolved.
	 
	 	 	 	Delta formed Junkfood to acquire substantially all of the
assets of Liquid Blaino Designs, Inc.
d/b/a Junkfood. The closing of the asset purchase transaction occurred on August 22, 2005.
	 
	 	 	 	On October 3, 2005, Soffe acquired substantially all of the assets of Intensity Athletics Inc.
	 
	 	 	 	On October 2, 2006, Delta acquired substantially all of
the assets of Fun-Tees, Inc. (the
“Fun-Tees Acquisition”).
	 
	 	 	 	In connection with the Fun-Tees Acquisition, Delta acquired
from Fun-Tees, Inc. all of the
membership interests in Textiles La Paz, LLC and 99.9% of the participation interests in
Campeche Sportswear, S. de R.L. de C.V. (Robert H. Humphreys owns a 0.1% participation interest
in Campeche Sportswear, S. de R.L. de C.V.).
	 
	 	 	 	Delta Apparel Honduras, S.A. owns a 99% interest in Ceiba Textiles, S de R.L. (Robert H.
Humphreys owns a 1% interest). Delta Apparel Honduras, S.A. also owns a 15% interest in Green
Valley Industrial Park, S.A.
	 
	 	 	 	Delta is in the process of organizing and acquiring a 99% interest in Atled Holding Company
Honduras, S de R.L. (Robert H. Humphreys will own a 1% interest in Atled

 

 

	 	 	 	Holding Company Honduras, S de R.L.). Atled Holding Company is in the process of organizing and
acquiring a 99% interest in La Paz Honduras, S de R.L. (Robert H. Humphreys will own a 1%
interest in La Paz Honduras, S de R.L.).
	 
	 	9.	 	The chief executive office and mailing address of each Company is located at the address
set forth on part 1 of Schedule 8.2 hereto.
	 
	 	10.	 	The books and records of the Companies pertaining to accounts, contract rights,
inventory, and other assets are located at the addresses specified on part 2 of Schedule 8.2
hereto.
	 
	 	11.	 	The Companies have other places of business and/or maintain inventory or other assets
only at the addresses (indicate whether locations are owned, leased or operated by third
parties and if leased or operated by third parties, their name and address) set forth on part
3 of Schedule 8.2 hereto.
	 
	 	12.	 	Other than set forth on part 3 of Schedule 8.2, there are no places of business or other
locations of any assets used by the Companies during the last four (4) months, except for
1201 Abiline Place, Knoxville, TN 37917 (Knoxville Distribution Center).
	 
	 	13.	 	There are no judgments or litigation pending by or against any Company, its subsidiaries
and/or affiliates (excluding Delta Apparel Honduras, S.A., Delta Cortes, S.A., Delta
Campeche, S.A. de C.V., Campeche Sportswear, S de R.L. de C.V., Textiles La Paz,
LLC, and Ceiba Textiles, S de R.L.) or any of its officers/principals, except as set forth
on Schedule 8.6 hereto.
	 
	 	14.	 	Each Company is affiliated with, or has ownership in, the corporations (including
subsidiaries) and other organizations set forth on Schedule 8.13 hereto.
	 
	 	15.	 	The names of the stockholders (or members or partners, including general partners and
limited partners) of the Companies and their holdings are as set forth on Schedule 8.13
hereto.
	 
	 	16.	 	No Company has any chattel paper (whether tangible or electronic) or instruments as of
the date hereof, except for the Junkfood Seller Note.
	 
	 	17.	 	There is no provision in the certificate of incorporation or by-laws of any Company (as
applicable) or the other organizational documents of any Company, or in the laws of the
State of its organization, requiring any vote or consent of it shareholders, members or
other holders of the equity interests therein to borrow or to authorize the mortgage or
pledge of or creation of a security interest in any assets of such Company or any of its
subsidiaries. Such power is vested exclusively in its Board of Directors.
	 
	 	18.	 	The officers of each Company and their respective titles are as follows:

 

 

	 	 	 	 	 

	 

	 	Delta:	 	 
	 
	 	 	 	 
	 

	 	Robert W. Humphreys
	 	President and Chief Executive Officer
	 

	 	Deborah H. Merrill
	 	Vice President, Chief Financial Officer, and Treasurer
	 

	 	Martha M. Watson
	 	Vice President and Secretary
	 

	 	David Palmer
	 	Vice President and Assistant Treasurer
	 
	 	 	 	 
	 

	 	Soffe:	 	 
	 
	 	 	 	 
	 

	 	James F. Soffe
	 	Chief Executive Officer
	 

	 	Kenneth D. Spires
	 	President
	 

	 	Deborah H. Merrill
	 	Vice President, Chief Financial Officer, and Treasurer
	 

	 	Anthony M. Cimaglia
	 	Vice President of Operations
	 

	 	Keith Bilyeu
	 	Vice President of Finance
	 

	 	Robert W. Humphreys
	 	Vice President
	 

	 	Martha M. Watson
	 	Vice President and Secretary
	 
	 	 	 	 
	 

	 	Junkfood:	 	 
	 
	 	 	 	 
	 

	 	Natalie Grof
	 	Chief Executive Officer
	 

	 	Blaine Halvorson
	 	President
	 

	 	Deborah H. Merrill
	 	Vice President, Chief Financial Office and Treasurer
	 

	 	Robert W. Humphreys
	 	Vice President
	 

	 	Martha M. Watson
	 	Vice President and Secretary

	 	 	 	The following will have signatory powers as to all transactions of each Company
with Lender:

	 	 	 

	 

	 	Delta:
	 
	 	 
	 

	 	Robert W. Humphreys
	 

	 	Deborah H. Merrill
	 

	 	Martha M. Watson
	 

	 	 David R. Palmer
	 
	 	 
	 

	 	Soffe:
	 
	 	 
	 

	 	Robert W. Humphreys
	 

	 	Deborah H. Merrill
	 

	 	Martha M. Watson
	 

	 	 David R. Palmer
	 

	 	 Kenneth D. Spires

 Keith Bilyeu
	 
	 	 
	 

	 	Junkfood:
	 
	 	 
	 

	 	Robert W. Humphreys
	 

	 	Deborah H. Merrill
	 

	 	Martha M. Watson

 

 

	19.	 	The members of the Board of Directors of each Company are:
	 
	 	 	Delta: David S. Fraser, William F. Garrett, Elizabeth J. Gatewood, Robert W. Humphreys,
Dr. Max Lennon, E. Erwin Maddrey, II, Philip J. Mazzilli, Jr., Buck A. Mickel and David
Peterson
	 
	 	 	Soffe: Robert W. Humphreys, E. Erwin Maddrey, II and Buck A. Mickel
	 
	 	 	Junkfood: Robert W. Humphreys, E. Erwin Maddrey, II, Buck A. Mickel, Natalie Grof, and
Blaine Halvorson
	 
	20.	 	At the present time, there are no delinquent taxes due (including, but not limited to, all
payroll taxes, personal property taxes, real estate taxes or income taxes).
	 
	21.	 	Certified Public Accountants for the Companies is the firm of:
	 
	 	 	Name: Ernst & Young LLP

Address: Atlanta, Georgia

Partner Handling Relationship: Nick Franz

Were statements uncertified for any fiscal year?: No

 

 

     The foregoing gives effect to the closing of the transactions contemplated by the
Third
Amended and Restated Loan and Security Agreement dated September 21, 2007, among Agent, Lenders
and the Companies. Agent and Lenders shall be entitled to rely upon the foregoing in all
respects and the undersigned is duly authorized to execute and deliver this Information
Certificate on behalf of the Companies.

	 	 	 	 	 	 	 

	 	 	Very truly yours,	 	 
	 
	 	 	 	 	 	 
	 	 	DELTA APPAREL, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	
	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Deborah H. Merrill	 	 
	 

	 	 	 	Title: Vice President, CFO and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	M. J. SOFFE CO.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	
 

	 	 
	 

	 	 	 	Name: Deborah H. Merrill	 	 
	 

	 	 	 	Title: Vice President, CFO and Treasurer	 	 
	 
	 	 	 	 	 	 
	 	 	JUNKFOOD CLOTHING COMPANY	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	
 

	 	 
	 

	 	 	 	Name: Deborah H. Merrill	 	 
	 

	 	 	 	Title: Vice President	 	 

 

 

SCHEDULE 8.2

to

INFORMATION CERTIFICATE

Locations

	A.	 	Part 1 — Chief Executive Office

	 	 	 

	Delta:

	 	2750 Premiere Parkway, Suite 100, Duluth, Georgia 30097
	Soffe:

	 	One Soffe Drive, Fayetteville, NC 28312
	Junkfood:

	 	2750 Premiere Parkway, Suite 100, Duluth, Georgia 30097

	B.	 	Part 2 — Location of Books and Records
	 
	 	 	In addition to the locations listed in part 1, the Companies have books and records in the
following locations:
	 
	 	 	Delta:

(1) Maiden Plant, P.O. Box 37, 100 West Pine Street, Maiden, NC 28650 — maintains
accounts payable and payroll records related to the plant and its operations.

(2) 245
Manor Avenue, Concord, NC 28025 — maintains sales, accounts payable,
accounts receivable, inventory, and payroll records related to FunTees division.

Payroll records are also kept at Delta’s distribution centers in Cranberry, New Jersey,
Santa Fe Springs, California, Clinton, Tennessee and Miramar, Florida.

	 	 	Soffe: One Soffe Drive , Fayetteville, NC 28312

Payroll records are also kept at Soffe’s distribution center in Santa Fe Springs,
California.

	 	Junkfood: 11725 Mississippi Avenue, Los Angeles California

 

 

	C.	 	Part 3 — Locations of Inventory, Equipment and Other Assets
	 
	 	 	Delta:

	 	 	 	 	 
	 	 	Owned/Leased/	 	Name/Address of Lessor or
	Address	 	Third Party1*	 	Third Party, as Applicable
	Greenville Executive Offices

322 South Main Street

Greenville SC 29601

	 	Leased
	 	The Peace Center for the

Performing Arts

101 West Broad Street

Greenville, SC 29601
	 
	 	 	 	 
	Duluth Executive Offices

2750 Premiere Parkway

Suite 100

Duluth, GA 30097

	 	Leased
	 	Duke Realty LP

75 Remittance Drive, Suite 3205 

Chicago, IL
	 
	 	 	 	 
	FunTees Executive Office 
245
Manor Avenue

Concord, NC 28025

	 	Leased
	 	Funco, Inc.

3496 Milford Court 

Concord, NC 28027
	 
	 	 	 	 
	Maiden Plant

P.O. Bx 37

100 West Pine Street 

Maiden, NC 28650

	 	Owned	 	 
	 
	 	 	 	 
	Fayette Plant

1015 Temple Avenue South,

Fayette, AL 35555

	 	Owned	 	 
	 
	 	 	 	 
	Clinton Distrobution Center 
370
JD Yarnell Industrial Parkway

Clinton, TN 37716

	 	Owned	 	 
	 
	 	 	 	 
	New Jersey Distribution Center

Cranbury Business Park

Building #5

5 Santa Fe Way

Cranberry, NJ 08512

	 	Leased
	 	Prologis Management, Inc.

P.O. Box 198267 

Atlanta, GA 30384-8267

 

			
	1	 	Indicate in this column next to applicable address whether the location is owned by the
Company, leased by the Company or owned and operated by a third party (e.g., warehouse,
processor, consignee, etc.)

 

 

	 	 	 	 	 
	 	 	Owned/Leased/	 	Name/Address of Lessor or
	Address	 	Third Party1*	 	Third Party, as Applicable
	Florida Distribution Center

11500 Miramar Parkway

Suite 100 

Miramar, FL 33025

	 	Leased
	 	Industrial Property Fund VI, LLC

P.O. Box 404685

Atlanta, GA 30384-4685
	 
	 	 	 	 
	California Distribution Center

13220 Orden Drive 

Santa Fe Springs, CA 90670

	 	Leased
	 	Golden Springs Development

Company, LLC 

13116 Imperial Highway

Santa Fe Springs, CA 90670
	 
	 	 	 	 
	Alabama Distribution Center

110 North Bypass 

Andalusia, Alabama

	 	Leased
	 	Andala Enterprises, Inc. 

P.O. Box 9414 

Pensacola, FL 32513
	 
	 	 	 	 
	New York Sales Offices

1431 Broadway

New York, NY 10018

	 	Leased
	 	G&S Realty 1, LLC

450 7th
Avenue – Penthouse

New York, NY 10123-0101
	 
	 	 	 	 
	FunTees Design

2583 Armentrout Drive 

Concord, NC

	 	Leased
	 	The Glass Interests, LLC

P.O. Box 442

Concord, NC 28026
	 
	 	 	 	 
	FunTees Samples

Andrews Street, Plant 10

Concord, NC

	 	Leased
	 	DPM of the Carolinas, LLC

484 Cabarrus Avenue 

Concord, NC 28027
	 
	 	 	 	 
	Honduras Plant (approx. 70,000
square feet)

Zip Buena Vista 

Carretera a Tegucigalapa

Villanueva, Cortes 

Honduras, C.A.

	 	Leased
	 	ZIP Buena Vista, S.A.

Carretera a Tegucigalpa 

Edificio Administrative 

Villanueva, Cortes, Honduras
	 
	 	 	 	 
	Honduras Plant (approx. 52,000
square feet)

Zip Buena Vista 

Carretera a Tegucigalapa

Villanueva, Cortes

Honduras, C.A.

	 	Leased
	 	ZIP Buena Vista, S.A.

Carretera a Tegucigalpa 

Edificio Administrative

Villanueva, Cortes, Honduras

 

 

	 	 	 	 	 
	 	 	Owned/Leased/	 	Name/Address of Lessor or
	Address	 	Third Party1*	 	Third Party, as Applicable
	Mexico Plant (Delta Campeche)

Barretera Federal 180

Clonia El Molon 
Tramo
Campeche-Bhamtocon,

Seybatlaya, Campeche Mexico

	 	Leased
	 	Consorcion de Servicios
de
 Campeche, S.A. de C.V.

Carretera antg a Hampolol K.M.
4.5
 Colonia Fidel Velazquez

San Francisco de Campeche

Campeche Mexico
	 
	 	 	 	 
	Mexico Plant
(Campeche Sportswear)

Carretera antg a Hampolot
KM 4.5
 Colonie Fidel
Velazquez 

San Francisco
de Campeche

 Campeche
Mexico

	 	Leased
	 	Consorcion de Servicios
de
 Campeche, S.A. de C.V.

Carretera antg a Hampolol K.M.
4.5 
Colonia Fidel Velazquez

San Francisco de Campeche

Campeche Mexico
	 
	 	 	 	 
	El Salvador Plant
(Textiles La Paz)
 Km
461/2 Carretera a La

Herradura,
 Zona Franca El
Pedregal
 Rosario,

 La Paz, El Salvador

	 	Leased
	 	Zona Franca de
Exportacion el
 Pedregal, S.A.

Km 46 1⁄2 Carretera a La
Herradura 
Zona Franca El
Pedregel 
El Rosario

 La Paz, El
Salvador
	 
	 	 	 	 
	Ceiba Textiles
Plant 
Green Valley
Industrial Park
 Kilometro
26 Carretera de
 Occidente

Quimistan 
Santa Barbara, Honduras

	 	Leased
	 	Green Valley Industrial
Park S.A. de C.V.
 Edificio
Administrativo 
Kilometro 26
Carretera de
 Occidente
Quimistan
 Santa Barbara,
Honduras

 

 

	 	 	 	 	 
	 	 	Owned/Leased/	 	Name/Address of Lessor or
	Address	 	Third Party1*	 	Third Party, as Applicable
	Amitex
 Zona Franca
San Marco Edificio 
No. 5
San Marco,
 San Salvador,
El Salvador

	 	Contractor	 	 
	 
	 	 	 	 
	Fashion Knits S.A.
de C.V. 
Calle 3 S/N X 20 Y 22
 Rumbo Petac Halacho,
Yucatan, Mexico

	 	Contractor	 	 
	 
	 	 	 	 
	Advance Print
Works, S.A. de C.V.
 Calle
Hecelchacanillo S/N Intl

Entre Av.Governadores Y
Calle
 Tamaulipas
 Col.
Santa Ana 
CP.24050

Campeche, Campeche,
Mexico

	 	Contractor	 	 

Soffe:

	 	 	 	 	 
	 	 	 	Name/Address
of Lessor or
	Address	 	Owned/Leased/Third Party	Third Party, as Applicable
	Fayetteville Executive Offices
and Plant

One Soffe Drive

Fayetteville, NC 28312

	 	Owned	 	 
	 
	 	 	 	 
	Maintenance Shop

713 Dunn Road

Fayetteville, NC 28312

	 	Owned	 	 
	 
	 	 	 	 
	Warehouse

824-826 Shannon Drive

Fayetteville, NC 28303

	 	Leased
	 	Dorothy McAllister

P.O. Box 1610

Pinehurst, NC 28374
	 
	 	 	 	 
	Rowland Plant

13750 US 301 South 

Rowland, NC

	 	Owned	 	 
	 
	 	 	 	 
	Distribution Center

	 	Leased
	 	Middle Road Properties

 

 

	 	 	 	 	 
	 	 	 	 	Name/Address of Lessor or
	Address	 	Owned/Leased/Third Party	 	Third Party, as Applicable
	1030 Fort Worth Avenue

Fayetteville, NC 28312

	 	 	 	One Soffe Drive

Fayetteville, NC 28312
	 
	 	 	 	 
	Lansing Distribution Center

919 Filley Street

Lansing, MI 48906

	 	Leased
	 	Spadafore Distributing Company

635 Filley Street

Lansing, MI 48906
	 
	 	 	 	 
	California Distribution Center

13220 Orden Drive

Santa Fe Springs, CA 90670

	 	Leased
	 	Golden Springs Development

Company, LLC

13116 Imperial Highway
Santa Fe Springs, CA 90670
	 
	 	 	 	 
	New Jersey Distribution Center

Cranbury Business Park

Building #5

5 Santa Fe Way

Cranberry, NJ 08512

	 	Leased
	 	Prologis Management, Inc.

P.O. Box 198267

Atlanta, GA 30384-8267
	 
	 	 	 	 
	Florida Distribution Center

11500 Miramar Parkway

Suite 100

Miramar, FL 33025

	 	Leased
	 	Industrial Property Fund VI, LLC

P.O. Box 404685

Atlanta, GA 30384-4685
	 
	 	 	 	 
	Navy Exchange Building

3503 Mississippi Street

MF Recruit Store

Great Lakes, IL 60088

	 	Third Party

[assigned space in

warehouse on United States

owned naval base]	 	 
	 
	Soffe Outlet Store 

49JR Road

Queens Square Shopping 

Center

Selma, NC 27576

	 	Leased
	 	Abdalla Building Partnership

c/o Carolina Apparel

PO Box 249

Selma, NC 27576
	 
	 	 	 	 
	All Star Lettering Co.

13220 Orden Drive 

Santa Fe Springs, CA 90670

	 	Decoration Contractor	 	 
	 
	 	 	 	 
	Amitex

Zona Franca San Marcas

Edificio No. 5

San Marcos,

	 	Contractor	 	 

 

 

	 	 	 	 	 
	 	 	 	 	Name/Address of Lessor or
	Address	 	Owned/Leased/Third Party	 	Third Party, as Applicable
	El Salvador, C.A.
	 	 	 	 
	 
	 	 	 	 
	Apple Tree

Zona Franca San Marco

Edificio, San Salvador

El Salvador, CA

	 	Contractor	 	 
	 
	 	 	 	 
	AMBAR Industries. Ltd.

Zona Franca La Vega

La Vega

Domincan Republic

	 	Contractor	 	 
	 
	 	 	 	 
	AMBAR Industries, Ltd.

5901 Miami Lakes Drive East

Miami Lakes, FL 33104-6140

	 	Contractor	 	 
	 
	 	 	 	 
	Chi Fung, S.A. de C.V.

Carretera Troncol Del Norte

Km 12.5

Apopa, San Salvador

El Salvador

	 	Contractor	 	 
	 
	 	 	 	 
	Hermonos Textiles

Zona Franca San Marco

San Salvador

	 	Contractor	 	 

Junkfood:

	 	 	 	 	 
	 	 	Owned/Leased/	 	Name/Address of Lessor or
	Address	 	Third Party*	 	Third Party, as Applicable
	11725 and 11727 Mississippi

Avenue, Los Angeles California

	 	Leased
	 	Mississippi Associates, Ltd.

433 N. Camden Drive, Suite 82-

Beverly Hills, CA 90210
	 
	 	 	 	 
	Suite 314,
525 5th Avenue,

NY NY

	 	Leased
	 	525 Building Co., LLC

c/o Olmstead Properties

575 8th Avenue #2400 

New York, NY 10018
	 
	 	 	 	 
	3280 Industry Drive,

Signal Hill, CA 90755.

	 	Third Party
	 	Oceanaire Sportswear Inc.

(screen printer)

 

 

SCHEDULE 8.6

to

INFORMATION CERTIFICATE

Pending Litigation

No Company makes any representation regarding any judgments or litigation pending or against its
officers or principals except judgments or litigation involving such individuals in their official
capacity as officers or principals of such Company.

Delta and Soffe:

On May 17, 2006, adversary proceedings were filed in U.S. Bankruptcy Court for the Eastern
District of North Carolina against both Delta Apparel, Inc. and M. J. Soffe Co. in which the
bankruptcy trustee, on behalf of the debtor National Gas Distributors, LLC, alleges that Delta and
Soffe each received avoidable “transfers” of property from the debtor. The amount of the claim is
approximately $0.7 million plus interest against Delta, and approximately $0.2 million plus
interest against Soffe. We contend that the claims of the trustee have no merit, and have filed
counterclaims, totaling approximately $0.4 million, in the adversary proceedings.

Delta:

Rafael Olay filed suit in Miami-Dade County, Florida against Delta alleging that he was injured
when he slipped on an exit ramp while exiting Delta’s distribution center in Florida. Mr. Olay is a
truck driver for Dynasty Apparel Industries, Inc. and was picking up boxes of clothing at the
distribution center on the date of the accident. He alleges that the exit ramp had a build up of
grease or oil and that Delta was negligent in that it knew or should have known about a hazardous
condition and failed to warn of or correct the condition. Delta’s insurance company is handling
this lawsuit.

Yesenia Castillo has filed a complaint with the EEOC against Delta alleging discrimination based
on sex and national origin (EEOC charge no 430-2007-01340). Delta has submitted a position
statement with the EEOC and has also responded to the EEOC’s request for information.

Nicholas
Crespo filed a complaint against Delta on May 17, 2007 in Catawba County, North Carolina
alleging wrongful discharge, violation of the North Carolina Wage and Hour Act, and breach of
contract. Delta has removed the case to the United States Discourt Court for the Western District
of North Carolina.

Soffe:

Soffe has received an e-mail communication from D’Andrea Brothers LLC, which claims to have a
registered trademark for “Hooah”. D’ Andrea Brothers LLC alleges that Soffe’s use of the word
“Hooah” on its shirts infringes its trademark and has demanded that Soffe discontinue its use or
pay royalties. Soffe intends to stop production of the shirts that incorporate the word “Hooah”.

 

 

Soffe has received an e-mail communication from Gregory James seeking compensation for ideas
he shared with Soffe with regard to an advertising campaign by Soffe in search of “The Next Face of
Soffe.”

Junkfood:

None.

 

 

SCHEDULE 8.13

to

INFORMATION CERTIFICATE

Subsidiaries;
Affiliates; Capitalization

A. Subsidiaries (More than 50% owned by
Company)

Delta:

	 	 	 	 	 	 	 
	 	 	Jurisdiction of	 	 
	Name	 	Incorporation	 	Percentage Owned
	M. J. Soffe Co.
	 	North Carolina	 	 	100	%
	Junkfood Clothing Company
	 	Georgia	 	 	100	%
	Delta
Apparel Honduras, S.A.
	 	Honduras	 	 	100	%*
	Delta Cortes, S.A.
	 	Honduras	 	 	100	%*
	Delta Campeche, S.A. de C.V.
	 	Mexico	 	 	100	%*
	Textiles La Paz, LLC
	 	North Carolina	 	 	100	%
	Campeche
Sportswear, S. de
R.L. de C.V.
	 	Mexico	 	 	100	%*
	Ceiba Textiles, S de R.L.
	 	Honduras	 	 	100	%*

 

	*	 	See paragraph 8 of this Information Certificate.

Delta is in the process of organizing Atled Holding Company Honduras, S de R.L. and La Paz
Honduras, S de R.L. as Honduran companies.

B. Affiliates

Delta
Apparel Honduras, S.A. has a 15% interest in Green Valley Industrial Park, S.A.

Delta is a publicly traded corporation. Persons who, to Delta’s knowledge, beneficially
own more than 5% of the issued and outstanding stock are identified in Delta’s proxy
statement filed on September 14, 2007 under the table entitled “Stock Ownership of
Principal Shareholders and Management”. From time to time, persons may acquire beneficial
ownership of more than 5% of Delta’s outstanding capital stock and such persons are
required to make filings with the Securities and Exchange Commission to disclose such
ownership of Delta’s capital stock.

C. Capitalization

Delta is a publicly traded corporation. See Section B. (“Affiliates”) above.

 

 

Each of Soffe and Junkfood is wholly owned by Delta.

Karims
Group owns 51%, Parkdale Mills, Inc. owns 24% and Elbatex owns 10% of Green Valley
Industrial Park, S.A.

See paragraph 8 of this Information Certificate.

 

 

SCHEDULE 1.21

to

THIRD AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT

Commitments

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Name of Lender	 	Commitment
	 	1.	 	 	Wachovia Bank, National Association
	 	$	60,000,000	 
	 	2	 	 	The CIT Group/Commercial Services, Inc.
	 	$	20,000,000	 
	 	3.	 	 	IDB Bank
	 	$	20,000,000	 

 - i -

 

 

Schedule 1.24

Customs Brokers

Smith Logistics International

10800 Northwest 97th Street

Suite 102

Miami, FL 33178

Contact: Igort Delhaya

Telephone 305 953 4100

Page and Jones

52 N. Jackson Street

POB 2167

Mobile, AL

Telephone 251-432-1646

US Customs and Trade Services

10801 N.W. 97th Street Suite 1

Miami, FL 33178

Telephone 305-477-7096

 

 

Schedule 1.47

Excluded Real Property

None.

 

 

Schedule 1.89

Permitted Holders

None.

 

 

Schedule 8.2

Chief Executive Office; Collateral Locations

Schedule 8.2 to the Information Certificate is incorporated by reference herein.

 

 

Schedule 8.4

Existing Liens

Delta:

1. Security interest granted to Gaston County Dyeing Machine Company securing a Gaston
County Millennium Dyeing Machine.

2. Security interest in favor of Vanguard Supreme securing Circular Knitting Machine.

3. Security interest in favor of Inter-Tel Leasing Inc. securing Access Telephone System.

4. Security interest in favor of Thompson Tractor Co., Inc. securing Caterpillar GCI 5K Lift
Truck.

5. Security interests in favor of Tubular Textile LLC and FB Commercial Finance, Inc. securing
lease of 40” Paknit II Folding Compactor

6. Notice filings for (or, if the underlying leases are deemed to be sales, liens on) certain
equipment and/or software leased by Delta from Fab-Con Machinery Development Corp.,
Citicorp Leasing, Inc., IBM Credit LLC, Inter-Tel Leasing Inc., GE
Capital,, Minolta Business
Systems, Konica Minolta Business Solutions USA, Inc.

7. Security interest of Thies Corporation in a Luft Roto Plus 2 Port Fabric Dyeing Machine

8.
Security interest of Sclavos International in a Sclavos Athena High Temperature Fabric Dyeing Machine

Soffe:

	 	 	 	 	 
	 	 	 	 	File No. of Financing
	Name and Address	 	 	 	Statement/Jurisdiction
	of Secured Party	 	Description of Collateral	 	(Optional)
	Canon Financial
Services, Inc.
 200
Commerce Square
Blvd.
 Burlington,
NJ 08016

	 	Equipment Lease
	 	99-5025/Cumberland

County Registrar of
Deeds
	 
	 	 	 	 
	Canon
Financial Services,
Inc.
 200 Commerce
Square Blvd.

Burlington, NJ
08016

	 	Equipment Lease
	 	19990080369/North

Carolina Secretary of
State

In addition, pursuant to Contract No. 26575 dated May 1, 2003 and amended May 28, 2003
between Soffe and Cheraw Yarn Mills, Inc., Soffe granted to Cheraw Yam Mills, Inc. a security
interest in all goods sold by Cheraw Yarn Mills, Ins. to Soffe pursuant to the contract.

Pursuant to two Sales Contracts dated October 2, 2001 between Soffe and Gaston County Dyeing
Machine Company, Soffe granted to Gaston County Dyeing Machine Company a

 

 

security interest in all goods sold by Gaston County Dyeing Machine Company to Soffe
pursuant to the contracts.

Junkfood:

Factor Primary Collateral, as defined in the Factor Intercreditor Agreement.

Junkfood has the following existing lien with Continental Business Credit:

	 	 	 	 	 
	 	 	 	 	File No. of Financing
	Name and Address	 	 	 	Statement/Jurisdiction
	of Secured Party	 	Description of Collateral	 	(Optional)
	Continental
Business
Credit, Inc.

21031
Ventura
Boulevard,
Suite 900
Woodland
Hills, CA
91364

	 	All now existing and
future accounts
purchased by Junkfood,
instruments, chattel
paper, etc.; unpaid
seller’s rights; rights
to any inventory the
sale of which creates
Accounts; reserves and
credit balances; cash
and non-cash proceeds of
Accounts, etc. –blanket
filing
	 	GA #060200608281
filed on July 3,
2006.

 

 

Schedule 8.7

Permits

1. Wastewater Treatment NPDES Permit No. NC0006190, expires May 31, 2011.

2. Permit No. WQ0006984, Land Application of Wastewater Residuals, expires September
30, 2009.

3. Air Permit No. 03922R14, expires September 30, 2010

4. Underground Storage Tank Oeprating Permit; Certificate No. 2007001790, Expires
12/31/2007

5. Air Discharge Permit # 06997R06, expires September 30, 2010

6. Water
Use Permit # 2113RF, expires June 30, 2008

 

 

Schedule 8.9

Environmental Matters

Delta is not in compliance with the 1,000,000 gallon per day effluent flow limit under its NPDES
permit relating to its Maiden Plant. Delta informed the North Carolina DWQ Compliance Section of
this limit violation by letter dated June 18, 2007.

Soffe’s Fayetteville Plant does not have storm water discharge permit. Soffe intends to erect a
containment wall around the waste water tank at that facility and then apply for a storm water
discharge permit.

 

 

Schedule 8.11

Bank Accounts

The Companies maintain the following deposit accounts with Wachovia Bank, National Association:

Delta

Collection Account

	*	 	 

Junkfood

Collection Account

	*	 	 

Soffe

Collection Account

	*	 	 

Delta

Disbursement Account

	*	 	 

Delta

Payroll Account

	*	 	 

Delta

Accounts Payable

	*	 	 

Junkfood

Disbursement Acct

	*	 	 

Soffe

Accounts Payable

	*	 	 

Delta (FunTees)

Benefit Account

	*	 	 

Delta (FunTees)

Division Account

	*	 	 

	*	 	Portions of this exhibit have been omitted pursuant to a
request for confidential information and have been filed separately
with the Securities and Exchange Commission.

 

 

NC Factory Account

	*	 	 

Employees Benefit Acct

	*	 	 

	*	 	Portions of this exhibit have been omitted pursuant to a
request for confidential information and have been filed separately
with the Securities and Exchange Commission.

 

 

Schedule
8.12 
Intellectual Property

Delta:

Trademarks

	 	 	 	 	 

	DELTA EST. 1903 (Reg. No. 2,294,154)

	 	PTO registration
	 	Nov. 23, 1999
	 
	HEALTHKNIT (Reg. No. 1,955,069)

	 	PTO registration
	 	Feb. 6, 1996
	 
	ROYAL FIRST CLASS (Reg. No. 1,405,930)

	 	PTO registration
	 	Aug. 19, 1986
	 
	PRO WEIGHT (Reg. No. 1,463,625)

	 	PTO registration
	 	Nov. 3, 1987
	 
	HEALTHKNIT (Reg. No. 644,790)

	 	PTO registration
	 	Apr. 30, 1957
	 
	HEALTHKNIT (Reg. No. 543,705)

	 	PTO registration
	 	June 12, 1951
	 
	QUAIL HOLLOW (Reg. No. 936,138)†

	 	PTO registration
	 	June 20, 1972
	 
	MAGNUM WEIGHT (App. No. 76/611,106)

	 	PTO application
	 	Nov. 29, 2005
	 
	FUN TEES (Reg. No. 1911515)

	 	PTO registration
	 	August 15, 1995

 

			
	†	 	Listed on U.S. PTO website as being registered to another entity (Chadbourn,
Inc.)

Domain Names

www.deltaapparel.com

www.funtees.com

http://campechesportswear.com

Soffe:

Trademarks

     1. Owned

	 	 	 	 	 	 	 
	 	 	 	 	 	 	Expiration
	Trademark	 	Registration Number	 	Registration Date	 	Date
	SOFFE (Word Mark)

	 	1743249 
	 	Clothing, namely
jackets, jerseys, tee
shirts, shorts, sweat pants,
sweatshirts, and sweat suits
	 	1/29/1992 (renewed)

 

 

	 	 	 	 	 	 	 
	 	 	 	 	 	 	Expiration
	Trademark	 	Registration Number	 	Registration Date	 	Date
	SOFFE DRI (Design plus Words)

	 	77012671 
	 	Approved for publication 8/23/07 
	 
	SOFFE DRI COTTON (Design plus Words))

	 	3053916 
	 	January 23, 2006 
	 
	SOFFE DRI SWEATS (Design plus Words)

	 	77012801 
	 	Approved for publication 8/23/07 
	 
	SOFFE (Design plus Words)

	 	3053916 
	 	January 31, 2006 

	 	 	 	 	 
	Trademark Application	 	Application/Serial Number	 	Application Date
	Cape Fear Trading Company

(ITU Application)

	 	76271105 
	 	June 14, 2001 The
final review before
registration has been
completed for this Intent
to Use application and it
will register in due
course as of
9/19/2007. 

Domain Names

www.soffe.com

www.mjsoffe.com

     2. Licensed

The
following is a list of colleges and universities that have licensed trademarks to Soffe.
Trademark licenses for approximately 40 of these colleges and universities were granted to
Soffe by Licensing Resource Group pursuant to the Licensing Resource Group Standard Licensing
Agreement dated August 16, 1996, as amended. Trademark licenses for approximately 130 of these
colleges and universities were granted to Soffe by The Collegiate Licensing Company pursuant
to the License Agreement to Use Licensed Indicia of Member Universities dated May 17, 1995,
as amended. The remaining trademark licenses were granted to Soffe pursuant to individual
agreements with the applicable college or university.

Alabama at Birmingham

Alabama Express

Alabama at Tuscaloosa

Alaska at Anchorage, University
of

Appalachian State University

Arizona State University

Arizona, University of

Arkansas at Fayetteville,

University of

Arkansas at Monticello,

University of

Auburn University

Ball State University

Baylor University

Belmont University Bkst/NACS

Bemidji State University

Boise State

Boston College

Boston University

Bowling Green State

Bradley University

Brigham Young University

Brown University*

Bucknell Univ. Bookstore

Cal State at Long Beach

California at Berkeley,

University of

California at Davis, University
of

California State at Chico

California State at Fullerton

California State at Long Beach

Campbell University

Carnegie Mellon University

Carroll College Bookstore

Central Florida, University of

Central Missouri State

Central Washington University*

 

 

Charleston, College of

Cincinnati, University of

Citadel

Clarion University of PA

Clemson University

Coastal Carolina University

Colgate University

Colorado State University

Colorado, University of

Concordia College

Connecticut, University of

Cornell University

Creighton University

Dayton, University of

Delaware, University of

Denison University

Drake University

Duke University

East Carolina University

Eastern Washington Univ. Bkst.

Florida A&M

Florida Gulf Coast

Florida International University

Foundation

Florida State University

Florida, University of

Florida, University of (Gator Head)

Fresno State University

Georgetown College (Kentucky)

Georgia Southern College

Georgia Tech

Georgia Athletic Association

Gonzaga University

Grand Valley State University

Harvard University

Howard University

Idaho State

Illinois State University

Illinois, University of

Indiana University of

Indiana University Research & Tech

Pennsylvania

Iowa State

Iowa, University of*

IUPUI

Ivy Tech State College

Ivy Tech State (not bkst)

Jackson State University

Jacksonville State University

James Madison University

Kansas State University

Kansas, University of

Kent State University

Kentucky, University of

Kenyon College Bookstore

Kutztown University

Lafayette College

Lehigh University

Lincoln University

Louisiana at Lafayette,

University of

Louisiana at Monroe

Louisiana State University

Louisiana Tech University

Louisville, University of

Loyola College (Baltimore, MD)

Loyola University at New Orleans*

Loyola University (Chicago, IL)

Maine, University of

Marquette University

Marshall University

Maryland at Baltimore,

University of

Maryland, University of

McNeese State University

Memphis, University of

Miami University of Ohio

Miami, University of

Michigan State University

Michigan Technology

University*

Michigan, University of

Middle Tennessee State

Minnesota at Minneapolis,

University of

Minnesota at Moorhead,

University of*

Minnesota State University at

Mankato

Mississippi State University*

Mississippi Valley State

University*

Mississippi, University of

Missouri at Columbia,

University of

Missouri Western State College

Missouri-Kansas City

Montana State

Montana State at Billings

Montana, University of

Morehead State University

(Kentucky)

Murray State University

Nebraska at Omaha, University of

Nebraska, University of

Nevada at Las Vegas, University
of

Nevada at Reno, University of

New Hampshire, University of

New Mexico State

New Mexico, University of

New Orleans, University of

New York University

North Alabama, University of

North Carolina at Charlotte

North Carolina Central

University

North Carolina at Greensboro

North Carolina at Wilmington

North Carolina A&T, University
of

North Carolina State University

North Carolina, University of

North Dakota State

North Dakota State College of

Science

North Dakota, University of

North Dakota, University of

(New Sioux)

North Texas, Univ of

Northern Arizona University

Northern Colorado, University
of

Northern Illinois University

Northern Iowa, University of

Northwest Missouri State Univ

Northwestern State University

Northwestern University

Notre Dame, University of

Ohio State University

Ohio University

 

 

Oklahoma State University

Oklahoma, University of

Oregon State University

Oregon, University of

Penn State University

Pennsylvania, University of

Pittsburgh State University

Pittsburgh (PA), University of

Portland State University

Presbyterian College (PERF GRX)

Princeton University

Purdue University

Rice University

Richmond, University of

Rutgers University

Saint Louis University

San Diego State University

Slippery Rock University

South Alabama, University of

South Carolina, University of

South Dakota at Vermillion,

University of

San Francisco State University

San Jose State University

Sinclair Community College

South Dakota State University

South Florida, University of

Southeast Missouri State University

Southern Arkansas

Southern California, University of

Southern Illinois, University of

Southern Mississippi, University of

Southern University (Baton Rouge)

Southern Utah University

Southwest Missouri State University

St. Cloud State University

Stanford University

State University of NY at

Buffalo 
State University of NY at 
Fredonia

Stephen F. Austin University

Syracuse University

Tennessee at Knoxville, 

University of

Tennessee Lady Vols

Tennessee State University

Texas at Austin, University of

Texas at El Paso, University of

Texas A&M University

Texas A&M University-Corpus Christi

Texas A&M University-Commerce

Texas at Brownsville

Texas at Dallas, Univ of

Taxas at Tyler, Univ of

Texas State Tech College

Texas State University

Texas Tech University

Toledo, University of

Troy State University

Tulsa, University of

UCLA

UIC Flames

UNC at Pembroke

University of North Carolina at

Asheville

University of Evansville

University of Georgia Bookstore

University of Montana-Western

University of West Georgia

Utah Valley State College

Bookstore

US Air Force Academy

US Army Accessions Command

US Military Academy at West

Point

US Naval Academy

Utah, State University

Utah, University of

Valdosta State University

Vanderbilt University

Vermont, University of

Villanova University

Virginia State University

Virginia Tech

Virginia, University of

Wake Forest University

Washburn University

Washington State University

Washington University (St.

Louis)

Washington, University of

West Point Crest, The

West Texas A&M University

West Virginia University

Western Carolina University

Western Kentucky, University
of

Western Michigan

Western Washington University

Wichita State University

William & Mary, College of

Wisconsin at Green Bay,

University of

Wisconsin at Madison,

University of

Wisconsin at River Falls,

University of

Wright State University

Wyoming, University of

Xavier University

Youngstown State University

 

 

Soffe has also been granted trademark licenses from the following licensors:

Airforce Nascar

Army of One Nascar

Black Ink Design

CLC

Licensing Resource Group

Ora McMillan

Richard B. Davies

Garigo Productions

David Deal

Diann Wall-Wilson

Dick Kramer Studios Inc.

Fabcom-Gulwing Machine

Margaret Hook

Kathi Hayes McCrainie

No Distractions

No Hair Sportswear LLC

Casey Martinez

NCAA Championship Women’s Volleyball

NCAA Football Champions

NCAA Championship Basketball

No Distractions

Screenprint USA Inc.

Solana Graphic Design Studio

Stephen F Austin

White House Commission on Remembrance

Domain Name

www.soffe.com

Junkfood:

Trademarks/Trade Names

	 	 	 	 	 	 	 
	Mark/Name	 	Country	 	Application #	 	Registration #
	Junk Food

	 	United States
	 	75/800,195 
	 	2,589,059 
	Junk Food

	 	Canada
	 	 	 	TMA685907 
	Junk Food

	 	United States
	 	78/218,446 	 	 
	Junk Food Gourmet

	 	United States
	 	78/560,398 	 	 
	Sweet N’ Sour

	 	Canada
	 	1162534 
	 	TMA666948 
	Vitamin T

	 	Canada
	 	1162536 
	 	Abandoned 5/29/06 
	Vitamin T

	 	United States
	 	76/383,769 
	 	2,863,263 
	Junk
Mail

(standard character 

mark)

	 	United States
	 	78995344 
	 	3286389 (registered 8/28/07)
	Sweet and Sour
(Design plus Words)

	 	United States
	 	78828746 
	 	Opposition
period completed, a Notice
of Allowance has been
issued as of 5/22/2007

 

 

Domain Names

junkfoodforever.com

junkfoodclothing.com

 

 

Schedule 8.15

Labor Matters

None.

 

 

Schedule 8.17

Material Contracts

1. Amended and Restated Stock Purchase Agreement dated as of October 3, 2003 among
Delta Apparel, Inc., MJS Acquisition Company, M. J. Soffe Co., James F. Soffe, John D. Soffe,
and Anthony M. Cimaglia, as amended by First Amendment dated as of November 10, 2004.

2. Asset
Purchase Agreement dated as of August 22, 2005 among Delta Apparel, Inc.,
Junkfood Clothing Company, Liquid Blaino Designs, Inc., d/b/a
Junkfood Clothing, Natalie
Grof, and Blaine Halvorson.

3. Asset
Purchase Agreement dated as of August 17, 2006 among Delta
Apparel, Inc., FunTees, Inc., Henry T. Howe, James C. Poag, Jr.,
Beverly H. Poag, Lewis G. Reid, Jr., Kurt R.
Rawald, Larry L. Martin, Jr., Julius D. Cline and Marcus F. Weibel.

4. Industrial Lease Agreement dated as of October 3, 2003 between M. J. Soffe Co. and
Middle Road Properties, LLC.

5. Yarn
Supply Agreement dated as of January 5, 2005 between Delta Apparel, Inc. and
Parkdale Mills, LLC.

6. Factoring Agreement dated as of August 6, 2007 between Junkfood Clothing Company
and The CIT Group/Commercial Services, Inc.

 

 

Schedule 9.9

Existing Indebtedness

1. The Junkfood Seller Note.

2. Potential earn-out payments to sellers in connection with the Junkfood Acquisition.

3. The Junkfood Seller Guaranty.

4. Obligations pursuant to the ISDA Master Agreement dated as of December 27, 2006
between Wachovia Bank, National Association and Delta, Rate Collar Transaction
Confirmation dated April 2, 2007, and Swap Transaction Confirmation dated April 2, 2007.

5. Delta Apparel Honduras, S.A. may be liable for Indebtedness of Ceiba Textiles, S de R.L.
as a result of its ownership of a 15% equity interest in Ceiba Textiles, S de R.L.

 

 

Schedule 9.10

Loans, Investments, Guarantees, Etc.

See Schedule 9.9.

 

 

Schedule 9.12

Transactions with Affiliates

Ceiba Textiles, S de R.L leases property in Green Valley Industrial Park from Green Valley
Industrial Park, S.A.

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