Document:

Exhibit 10.1 Fulfillment Center Amendment

THIRD LEASE AMENDMENT

THIS THIRD LEASE AMENDMENT (“Amendment”) is executed as of this 1st day of March, 2013, by and between 4300 VENTURE 34910 LLC, a Delaware limited liability company (“Landlord”), and eTAILDIRECT LLC, a Delaware limited liability company (“Tenant”).

Background:
A.    Landlord and Tenant entered into a certain Industrial Lease - Net dated as of October 1, 2007 (the “Initial Lease”), as amended by that certain First Lease Amendment dated September 29, 2009 (the “First Amendment”), and as further amended by that Second Lease Amendment dated November 29, 2010, whereby Tenant leased from Landlord and Landlord leased to Tenant certain premises now consisting of approximately 631,396 square feet of first floor space plus approximately 100,000 square feet of basement space (collectively the “Leased Premises”), all located in Building 3 of the Columbus International Aircenter (the “Building”), commonly known as 4134 East Fifth Avenue in the City of Columbus, County of Franklin, State of Ohio; 
B.     Landlord and Tenant desire to amend the Lease to, among other things, provide for the demise of approximately 40,000 additional square feet located immediately east of and adjacent to the Leased Premises (the “Expansion Space”).
NOW, THEREFORE, in consideration of the foregoing premises, the mutual covenants herein contained and each act performed hereunder by the parties, Landlord and Tenant hereby agree that the Initial Lease is amended as follows:
1.Delivery of the Expansion Space.  The “Expansion Space” is shown on Exhibit A-3 hereto and incorporated herein.  The Delivery Date for the Expansion Space shall be March 1, 2013, and Landlord shall deliver the Expansion Space on such date, free and clear of any other occupancy rights.  Upon delivery, the Expansion Space shall be a part of the Leased Premises for all purposes under the Lease.  The later of the date Landlord so delivers the Expansion Space and March 1, 2013 shall be the “Effective Date”.

2.Revised Delivery Schedule for Expansions of the Leased Premises; Revised Rent.  

		
	(a)
	As of the Effective Date, the table set forth in Section 1.2 is hereby deleted and restated:

	
					
	Date of Delivery by Landlord
	Square Footage Delivered
	Total Square Footage (1st Flr.)
	Basement Square Footage
	Expansion Space Square Footage

	October 1, 2007
	267,450
	267,450
	—
	—

	September 1, 2010
	79,270
	346,720
	—
	—

	December 1, 2010
	8,073
	354,793
	—
	—

	June 1, 2011
	186,571
	541,364
	—
	—

	March 1, 2012
	100,000
	541,364
	100,000
	—

	September 1, 2012
	90,032
	631,396
	100,000
	—

	March 1, 2013
	40,000
	631,396
	100,000
	40,000

		
	(b)
	As of the Effective Date, the table set forth in Section 1.6(b) is hereby deleted and restated as set forth on Schedule 1.6(b), attached hereto and incorporated herein.

		
	(c)
	Upon Tenant's receipt of a fully-executed original of this Amendment, Tenant shall pay to Landlord $853,558.00 (the “Compromise Payment”).  The Compromise Payment is an 

amount agreed upon by Landlord and Tenant as settlement in full to resolve and compromise through December 31, 2012 all rents, charges, fees, costs and amounts owned, due, accruing, estimated or charged prior to such date of every kind relating to the Leased Premises as between Landlord and Tenant, including but not limited to Annual Rent, Impositions, Landlord's Maintenance Costs, common area charges, utility charges as to both common areas and Leased Premises, real estate tax charges, insurance charges and maintenance/repair expenses.  
3.Tenant's Work; Landlord's Approval.  Landlord shall deliver the Expansion Space broom clean and free of all prior tennis court and related improvements and fixtures, including without limitation the removal of the fencing, asphalt and aggregate located upon the Expansion Space.  Landlord further agrees that the structure, roof, foundation, slab, utilities and building systems of the Expansion Space shall be delivered in good working order and in compliance with all applicable laws.  Tenant shall build out the Expansion Space in full compliance with Section 9.4 of the Lease (Alterations) and in accordance with the plans and specifications to be approved by Landlord.  Tenant acknowledges that Tenant's work shall include designing and installing modifications to the life-safety corridor located within the Expansion Space, which work shall be in compliance with applicable laws and subject to Landlord's prior approval.  At Tenant's cost, Tenant shall furnish all fixturing and other improvements needed for Tenant's use.  Landlord shall have no obligation to perform improvements to the Expansion Space nor any obligation to contribute to or reimburse expenses relating to the improvements in the Expansion Space.

4.Representations and Warranties. 

(a)     Tenant represents and warrants to Landlord as follows: (i) The execution, delivery and performance of this Amendment will not result in any breach of, or constitute any default under, any agreement or other instrument to which Tenant is a party or by which Tenant might be bound; (ii) The execution, delivery and performance by Tenant of this Amendment have been duly authorized by Tenant, and there are no third party consents required for Tenant to enter into this Amendment or to perform its obligations hereunder; and (iii) The person executing this Amendment on behalf of Tenant represents and warrants that such person is duly authorized to act on behalf of Tenant in executing this Amendment, and that this Amendment constitutes a valid and legally binding obligation of Amendment enforceable against Tenant in accordance with its terms.

(b)     Landlord hereby represents and warrants to Tenant as follows: (i) The execution, delivery and performance of this Amendment will not result in any breach of, or constitute any default under, any agreement or other instrument to which Landlord is a party or by which Landlord or the Leased Premises might be bound and will not result in the imposition of any lien or encumbrance against the Leased Premises or the Lease; (ii) The execution, delivery and performance by Landlord of this Amendment have been duly authorized by Landlord, and all third party consents required for this Amendment have been obtained by Landlord, specifically including but not limited to the consent and approval of Landlord's mortgage lender, if any; and (iii) The person executing this Amendment on behalf of Landlord represents and warrants that such person is duly authorized to act on behalf of Landlord in executing this Amendment, and that this Amendment constitutes a valid and legally binding obligation of Landlord enforceable against Landlord in accordance with its terms.
5.Incorporation of Background.  The above Background paragraphs are hereby incorporated into this Amendment as if fully set forth herein.

6.Definitions; Definition of Lease.  Except as otherwise provided herein, the capitalized terms used in this Amendment shall have the definitions set forth in the Initial Lease.  As used in the Initial Lease and herein, “Lease” shall mean the Initial Lease and First Lease Amendment as modified by and together with this Amendment.
7.Entire Agreement.  The Lease, as amended by this Amendment, constitutes the entire agreement between Landlord and Tenant regarding the Lease and the subject matter contained herein and 

supersedes any and all prior and/or contemporaneous oral or written negotiations, agreements or understandings.

8.Lease Ratification.  The Lease, as modified herein, is in full force and effect, and the parties hereby ratify the same.  Each party represents and warrants to the other that there is no existing default under the Lease and that there is no event which, with the giving or notice or passage of time, would constitute a default under the Lease.  The Lease and this Amendment shall be binding upon the parties and their respective successors and assigns.  To the extent the terms and conditions of the Lease conflict with or are inconsistent with this Amendment, the terms and conditions of this Amendment shall control.

9.Counterparts.  This Amendment may be executed in counterparts, each of which shall be deemed a part of an original and all of which together shall constitute one agreement.  Signature pages may be detached from the counterparts and attached to a single copy of this Amendment to form one document.

10.DSW's Consent to Amendment; Ratification of Guaranty.  DSW Inc. has, and assumes, no obligations, liabilities or responsibilities under this Lease, except that DSW Inc. delivered to Landlord a Guaranty dated as of October 1, 2008 under which DSW Inc. guaranteed the performance of Tenant under the Initial Lease.  DSW Inc. delivered the Guaranty as an inducement to Landlord to enter into the Initial Lease.  DSW Inc. hereby consents to this Amendment, and DSW Inc. hereby affirms and ratifies the Guaranty as to Tenant's performance under the Lease, as modified by this Amendment.

[signatures appear on the following page]

IN WITNESS WHEREOF, the parties have caused this Third Lease Amendment to be executed on the day and year first written above.

	
	
	LANDLORD:
4300 VENTURE 34910 LLC,
a Delaware limited liability company

By: 4300 EAST FIFTH AVENUE LLC,
      an Ohio limited liability company,
     its Member

By: JUBILEE-AIRCENTER, L.L.C.,
      a Delaware limited liability company,
      its Managing Member

By: JUBILEE LIMITED PARTNERSHIP,
      an Ohio limited partnership,
      its Managing Member

By: SCHOTTENSTEIN PROFESSIONAL
      ASSET MANAGEMENT CORPORATION,
      a Delaware corporation,
      its General Partner

By: _/s/ Benton E. Kraner____

Print Name: Benton E. Kraner

Title: ___COO_________________________

	TENANT:
eTAILDIRECT LLC
a Delaware limited liability company

By: _/s/ William L. Jordan_______________
      William L. Jordan, EVP / General Counsel

[acknowledgments appear on the following pages]

DSW Inc., an Ohio corporation, joins in this Amendment solely for purpose of paragraph 10 of this Amendment, and for no other purpose.  Except for the obligations of DSW Inc. expressly set forth in paragraph 10 of this Amendment, DSW Inc. has, and assumes, no obligations, liabilities or responsibilities under this Amendment.  Subject to the foregoing:

DSW INC., an Ohio corporation

By: _/s/ William L. Jordan_______________
      William L. Jordan, EVP / General Counsel

	
										
	Period
	Addtnl 1st Flr. Sf
	Total 1st Floor SF
	1st Floor $/SF/yr
	Bsm't SF
	Bsm't $/SF/yr
	Expansion Space SF
	Expansion $/SF/yr
	Annual Rent
	Monthly Install'ts of Annual Rent

	3/1/2013 to 8/31/2013
	 
	631,396
	$2.00
	100,000
	$0.30
	40,000
	$5.75
	partial year
	$126,899.34

	9/01/2013 to 8/31/2014
	 
	631,396
	$2.00
	100,000
	$0.35
	40,000
	$5.75
	$1,527,792.00
	$127,316.00

	9/01/2014 to 8/31/2015
	 
	631,396
	$2.00
	100,000
	$0.40
	40,000
	$5.75
	$1,532,792.00
	$127,732.67

	9/01/2015 to 8/31/2016
	 
	631,396
	$2.00
	100,000
	$0.50
	40,000
	$5.75
	$1,542,792.00
	$128,566.00

	9/01/2016 to 9/30/2017
	 
	631,396
	$2.00
	100,000
	$0.50
	40,000
	$5.75
	partial year
	$128,566.00

	First Option Term (5yrs.)
	 
	631,396
	$2.40
	100,000
	$0.50
	40,000
	$6.25
	$1,815,350.40
	$151,279.20

	Second Option Term (5 yrs.)
	 
	631,396
	$2.70
	100,000
	$0.50
	40,000
	$6.75
	$2,024,769.20
	$168,730.77Exhibit 10.2 Peformance-Based Restricted Stock Units

DSW INC. 
PERFORMANCE-BASED STOCK UNITS AGREEMENT
This Agreement is entered into in Franklin County, Ohio. On the Grant Date, DSW Inc., an Ohio corporation (the “Company”), has awarded to Awardee Performance-Based Stock Units (the “Performance-Based Stock Units” or “Award”), representing an unfunded unsecured promise of the Company to deliver common shares, without par value, of the Company (the “Shares”) to Awardee as set forth herein. The Performance-Based Stock Units have been granted pursuant to the DSW Inc. 2005 Equity Incentive Plan, as amended (the “Plan”), and shall be subject to all provisions of the Plan, which are incorporated herein by reference, and shall be subject to the provisions of this Performance-Based  Stock Units Agreement (this “Agreement”). Capitalized terms used in this Agreement which are not specifically defined shall have the meanings ascribed to such terms in the Plan.
1.    Vesting.
(a)    General.  The right to receive the Company shares underlying the Performance-Based Stock Units shall be subject to the Company's achievement of the Performance Goal described in 1(b) below.  Awardee is able to earn up to 100% of the Award if the Performance Goal is achieved.  The Award will be cancelled if the Performance Goal is not achieved.  Shares subject to cancelled Awards will again become available to be granted under the Plan.
(b)    Performance Goal.  The performance goal is achievement of [a performance goal that will be set by the compensation committee in compliance with the provisions of the plan].
(c)    Timing of vesting.  The Performance-Based Stock Units shall vest on the third anniversary of the Grant Date (the “Vesting Date”) subject to the Company's achievement of the Performance Goal.  Vesting is further subject to the provisions of this agreement, including those relating to Awardee's continued employment with the Company or any Related Entity. Notwithstanding the foregoing, in the event of a Change in Control prior to Awardee's Employment Termination, the Performance-Based Stock Units shall vest in full.
(d)    Determination by the Committee.  Achievement of the Performance Goal shall be determined by the Compensation Committee of the Board of Directors of the Company (the “Committee”).
2.    Transferability.  The Award shall not be transferable.
3.    Termination of Employment.
(a)    General.  Except as set forth below or as otherwise provided for in another agreement, if an Employment Termination occurs prior to the vesting of the Award, such Award shall be forfeited by Awardee.
(b)    Death and Disability.  If an Employment Termination occurs prior to the vesting in full of the Award by reason of Awardee's death or Disability, then any unvested portion of the Award shall immediately vest in full and shall not be forfeited.
(c)    Retirement.  If an Employment Termination occurs prior to the vesting in full of the Award by reason of the Awardee's Retirement, then any unvested portion of the Award shall immediately vest in full and shall not be forfeited.
4.    Payment.  Awardee shall be entitled to receive from the Company (without any payment on behalf of Awardee other than as described in Paragraph 8) the Stock represented by such Award; provided, however, that in the event that such Award vests prior to the applicable Vesting Date as a result of the death, Disability or Retirement of Awardee or as a result of a Change in Control, Awardee shall be entitled to receive the corresponding Stock from the Company on the date of such vesting.
5.    Dividend Equivalents.  Awardee's Performance-Based Stock Units will be credited with dividend equivalents at the same rate and at the same time dividends are paid on shares of Company Stock.
6.    Right of Set-Off.  By accepting these Performance-Based Stock Units, Awardee consents to a deduction from, and set-off against, any amounts owed to Awardee by the Company or a Related Entity from time to time (including, but not limited to, amounts owed to Awardee as wages, severance payments or other fringe benefits) to the extent of the amounts owed to the Company or a Related Entity by Awardee under this Agreement.

7.    No Shareholder Rights.  Awardee shall have no rights of a shareholder with respect to the Performance-Based Stock Units, including, without limitation, Awardee shall not have the right to vote the Stock represented by the Performance-Based Stock Units.
8.    Withholding Tax.
(a)    Generally.  Awardee is liable and responsible for all taxes owed in connection with the Award regardless of any action the Company takes with respect to any tax withholding obligations that arise in connection with the Award.  The Company does not make any representation or undertaking regarding the tax treatment or the treatment of any tax withholding in connection with the grant or vesting of the Award or the subsequent sale of Stock issuable pursuant to the Award.  The Company does not commit and is under no obligation to structure the Award to reduce or eliminate Awardee's tax liability.
(b)    Payment of Withholding Taxes.  Prior to any event in connection with the Award (e.g., vesting or settlement) that the Company determines may result in any domestic or foreign tax withholding obligation, whether national, federal, state or local, including any employment tax obligation (the “Tax Withholding Obligation”), Awardee is required to arrange for the satisfaction of the minimum amount of such Tax Withholding Obligation in a manner acceptable to the Company.  Unless Awardee elects to satisfy the Tax Withholding Obligation by an alternative means that is then permitted by the Company, Awardee's acceptance of this Agreement constitutes Awardee's instruction and authorization to the Company to withhold on Awardee's behalf the number of shares from those Shares issuable to Awardee at the time when the Award becomes vested and payable as the Company determines to be sufficient to satisfy the Tax Withholding Obligation.  In the case of any amounts withheld for taxes pursuant to this provision in the form of shares, the amount withheld shall not exceed the minimum required by applicable law and regulations.
9.    Governing Law/Venue for Dispute Resolution.  This Agreement shall be governed by the laws of the State of Ohio, without regard to principles of conflicts of law, except to the extent superceded by the laws of the United States of America.  The parties agree and acknowledge that the laws of the State of Ohio bear a substantial relationship to the parties and/or this Agreement and that the Award and benefits granted herein would not be granted without the governance of this Agreement by the laws of the State of Ohio.  In addition, all legal actions or proceedings relating to this Agreement shall be brought exclusively in state or federal courts located in Franklin County, Ohio and the parties executing this Agreement hereby consent to the personal jurisdiction of such courts.  Any provision of this Agreement which is determined by a court of competent jurisdiction to be invalid or unenforceable should be construed or limited in a manner that is valid and enforceable and that comes closest to the business objectives intended by such provision, without invalidating or rendering unenforceable the remaining provisions of this Agreement.
10.    Action by the Committee.  The parties agree that the interpretation of this Agreement shall rest exclusively and completely within the sole discretion of the Committee.  The parties agree to be bound by the decisions of the Committee with regard to the interpretation of this Agreement and with regard to any and all matters set forth in this Agreement.  The Committee may delegate its functions under this Agreement to an officer of the Company designated by the Committee (hereinafter the “Designee”).  In fulfilling its responsibilities hereunder, the Committee or its Designee may rely upon documents, written statements of the parties or such other material as the Committee or its Designee deems appropriate.  The parties agree that there is no right to be heard or to appear before the Committee or its Designee and that any decision of the Committee or its Designee relating to this Agreement shall be final and binding unless such decision is arbitrary and capricious.
11.    Prompt Acceptance of Agreement.  The Award evidenced by this Agreement shall, at the discretion of the Committee, be forfeited if this Agreement is not manually executed and returned to the Company, or electronically executed by Awardee by indicating Awardee's acceptance of this Agreement in accordance with the acceptance procedures set forth on the Company's third-party equity plan administrator's web site, within 90 days of the Grant Date.
12.    Electronic Delivery and Consent to Electronic Participation.  The Company may, in its sole discretion, decide to deliver any documents related to the Award under and participation in the Plan or future Awards that may be granted under the Plan by electronic means or to request Awardee's consent to participate in the Plan by electronic means.  Awardee hereby consents to receive such documents by electronic delivery and to participate in the Plan through an on-line or electronic system established and maintained by the Company or another third party designated by the Company, including the acceptance of the Award and the execution of the Agreement through electronic signature.

13.    Notices.  All notices, requests, consents and other communications required or provided under this Agreement to be delivered by Awardee to the Company will be in writing and will be deemed sufficient if delivered by hand, facsimile, nationally recognized overnight courier, or certified or 
registered mail, return receipt requested, postage prepaid, and will be effective upon delivery to the Company at the address set forth below:
DSW Inc. 
810 DSW Drive 
Columbus, Ohio 43219 
Attention: EVP & General Counsel 
Facsimile: (614) 872-1475
All notices, requests, consents and other communications required or provided under this Agreement to be delivered by the Company to Awardee may be delivered by e-mail or in writing and will be deemed sufficient if delivered by e-mail, hand, facsimile, nationally recognized overnight courier, or certified or registered mail, return receipt requested, postage prepaid, and will be effective upon delivery to the Awardee.
14.    Employment Agreement, Offer Letter or Other Arrangement.  To the extent a written employment agreement, offer letter or other arrangement (“Employment Arrangement”) that was approved by the Compensation Committee or the Board of Directors or that was approved in writing by an officer of the Company pursuant to delegated authority of the Compensation Committee provides for greater benefits to Awardee with respect to vesting of the Award on Employment Termination, than provided in this agreement or in the plan, then the terms of such Employment Arrangement with respect to vesting of the Award on Employment Termination by reason of such specified events shall supersede the terms hereof to the extent permitted by the terms of the plan under which the Award was made.
 

 
DSW INC.

	
		
	By:
	/s/Steven S. Prue

	Name:
	Steven S. Prue

	Its:
	Sr. Director, Compensation & Benefits

ACCEPTANCE OF AGREEMENT 
Awardee hereby: (a) acknowledges that he or she has received a copy of the Plan, a copy of the Company's most recent annual report to shareholders and other communications routinely distributed to the Company's shareholders, and a copy of the plan description (Prospectus) dated May 21, 2009 pertaining to the Plan; (b) accepts this Agreement and the Performance-Based Stock Units granted to him or her under this Agreement subject to all provisions of the Plan and this Agreement; (c) represents that he or she understands that the acceptance of this Agreement through an on-line or electronic system, if applicable, carries the same legal significance as if he or she manually signed the Agreement; (d) represents and warrants to the Company that he or she is purchasing the Performance-Based Stock Units for his or her own account, for investment, and not with a view to or any present intention of selling or distributing the Performance-Based Stock Units either now or at any specific or determinable future time or period or upon the occurrence or nonoccurrence of any predetermined or reasonably foreseeable event; and (e) agrees that no transfer of the Stock delivered in respect of the Performance-Based Stock Units shall be made unless the Stock have been duly registered under all applicable Federal and state securities laws pursuant to a then-effective registration which contemplates the proposed transfer or unless the Company has received a written opinion of, or satisfactory to, its legal counsel that the proposed transfer is exempt from such registration.
 
	
	
	 

	 

	 

	Name

	 

	  

	Date

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