Document:

Exhibit
      10.7

    

    AMENDMENT
      NO. 13

    TO
      TRADEMARK LICENSE AND TECHNICAL ASSISTANCE AGREEMENT

    COVERING
      WOMEN’S COLLECTIONS

    

    This
      Amendment No. 13, dated May 9th,
      2008,
      is to the Trademark License and Technical Assistance Agreement dated the
      4th
      day
      of
      March 1998, by and between Latitude Licensing Corp. and I.C. Isaacs &
Company L.P., as previously amended by Amendment No. 1 on June 18, 1998,
      Amendment No. 2 on November 12, 1998, Amendment No. 3 on December 23, 1998,
      Amendment No. 4 on August 2, 1999, Amendment No. 5 on June 21, 2000, Amendment
      No. 6 on October 2, 2002, Amendment No. 7 on March 31, 2003, Amendment No.
      8 on
      October 29, 2003, Amendment No. 9 on December 16, 2004, Amendment No. 10 on
      March 29, 2006, Amendment No. 11 on October 24, 2007 and Amendment No. 12 on
      March 12, 2008 (as amended, the “Agreement”).  Capitalized terms used
      herein have the meaning ascribed to them in the Agreement unless otherwise
      indicated.

    

    WHEREAS,
      the
      parties hereto wish to amend the Agreement to the extent set forth herein;
      

    

    NOW,
      THEREFORE,
      for
      good and valuable consideration, the sufficiency and receipt of which are hereby
      acknowledged, the parties hereto agree to amend the Agreement as
      follows:

    

    1. Section
      4; Royalties.

    

    Section
      4.5
      of the
      Agreement is hereby amended by adding the following sentence immediately
      following the last sentence thereof: 

    

    “Notwithstanding
      anything contained in this Agreement to the contrary, the $125,000, $125,000,
      $125,000, and $125,000 royalty payments due in the months of February, March,
      April and May, 2008, respectively, shall be deferred to and be paid no later
      than December 31, 2009, together with all principal and accrued interest
      thereon. All deferred payments shall bear interest at the rate of 10% per
      annum.”

    

    2. Effective
      Date.

    

    This
      Amendment No. 13 may be executed by facsimile and shall be effective as of
      the
      first date written above. 

    

    3. No
      Defaults; Full Force and Effect; No Other Deferred Royalties.

    

    The
      parties hereby confirm to one another that neither party is in default to the
      other in the performance of any of the obligations owed by either of them to
      the
      other. The Licensee represents to the Licensor that there are no outstanding
      unpaid royalties (or interest thereon) under the Agreement other than those
      deferred hereby. The Agreement, as amended by this Amendment No. 13, shall
      continue in full force and effect. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the
      parties, by their authorized representatives, have executed this Amendment
      No.
      13 to the agreement as of the first date written above.

     

    
      

      
        	 	LATITUDE
                LICENSING CORP.	 
	 	 	 	 	 	 
	 	
                By:
                  

              	/s/
                Serge J. Massat	 
	 	 	 	 	 	 
	 	
                Name:
                  

              	Serge
                J. Massat	 
	 	 	 	 	 	 
	 	
                Title:

              	Secretary	 

      

      

      
        

        
          	 	I.C. ISAACS
& COMPANY
                  L.P.	 
	 	 	 
	 	By: I.C. Isaacs & Company,
                  Inc., its
                  General Partner	 
	 	 	 	 	 	 	 
	 	 	
                  By:
                    

                	/s/
                  Robert S. Stec	 
	 	 	 	 	 	 	 
	 	 	
                  Name:
                    

                	Robert
                  S. Stec	 
	 	 	 	 	 	 	 
	 	 	
                  Title:

                	Chief
                  Executive OfficerExhibit
      10.8

    

    [I.C.
      Issacs & Company, Inc.]

    

    

    

    Robert
      S.
      Stec, Chief Executive Officer,

    c/o
      I.C.
      Isaacs & Company, Inc.

    475
      Tenth
      Avenue, 9th
      Floor

    New
      York,
      New York 10018

    

    May
      9,
      2008

     

    Re:
      Notice
      of extension of Employment Agreement

    

    Mr.
      Stec:

     

    Pursuant
      to Section
      1
      of that
      certain Employment Agreement (the “Agreement”), dated November 13, 2007, entered
      into between I.C. Isaacs & Company, Inc. (the “Company”) and you (the
“Executive”), the Company hereby serves the Executive with written notice of its
      election to extend the Term (as defined in the Agreement) for an additional
      two-year period. Without any further action on the part of the Company or the
      Executive the Term shall now end on December 31, 2011, rather than December
      31,
      2009 as set forth in the Agreement. 

    

    

    

    

    I.C.
      Issacs & Company, Inc., 

    acting
      by
      its authorized signatory

     

    /s/
      Tim Tumminello  

    Name:
      Tim
      Tumminello

    Title:
      Vice President, Controller, 

    Interim
      CFO & Secretary 

    

    
 

    Acknowledged
      and agreed to by:

    

    /s/
      Robert S. Stec  

    

    Robert
      S.
      StecExhibit
      10.9

    

    AMENDED
      AND RESTATED LICENSOR AGREEMENT

    

    May
      8,
      2008

    

    Wachovia
      Bank, National Association

    One
      South
      Broad Street

    Philadelphia,
      Pennsylvania 19107

    

    Ladies
      and Gentlemen:

    

    Latitude
      Licensing Corp. (together with its successors and assigns, “Licensor”)
      is the
      owner of certain trademarks and/or other intellectual property described on
      Schedule
      A
      hereto
      (collectively, with any other trademarks and intellectual property subject
      to
      the License Agreements, as defined below, the “Licensed
      Intellectual Property”).
      Licensor has granted to I.C. Isaacs & Company L.P. (together with their
      successors and assigns, collectively, “Licensee”)
      a
      license to use the Licensed Intellectual Property as set forth in the Trademark
      License and Technical Assistance Agreement, dated January 15, 1998, between
      Licensor and Licensee, as amended, and the Trademark License and Technical
      Assistance Agreement for Women’s Collections, dated March 4, 1998, between
      Licensor and Licensee, as amended (each individually, a “License
      Agreement”
and
      collectively, the “License
      Agreements”).
      This
      letter agreement amends and restates that certain Licensor Agreement dated
      as of
      December 30, 2004 among Licensor, Licensee and Lender.

    

    Licensor
      understands that Licensee has entered into financing arrangements with Wachovia
      Bank, National Association (together with its successors and assigns,
“Lender”)
      as
      evidenced by that certain Loan and Security Agreement dated as December 30,
      2004
      (as has been and may hereafter be amended, modified, replaced or restated from
      time to time, the “Loan
      Agreement”)
      pursuant to which Lender may make loans and advances from time to time and
      provide other financial accommodations to the Licensee secured by substantially
      all of the assets and properties of Licensee, including, among other things,
      the
      inventory and other goods of Licensee which may bear or use the Licensed
      Intellectual Property. All
      capitalized terms used herein, without further definition, shall have the
      respective meaning set forth in the Loan Agreement.

    

    Licensor
      and Licensee agree in favor of Lender as follows:

    

    1. The
      License Agreements are in full force and effect, no default exists thereunder
      and Licensee is the licensee thereunder with the right to use the Licensed
      Intellectual Property as provided therein.

    

    2. Licensor
      hereby grants to Lender a non-exclusive license to use the Licensed Intellectual
      Property to the extent Lender deems it necessary or desirable in connection
      with
      the exercise of its rights and remedies, for the purpose of selling or otherwise
      disposing of, or dealing with, any of the inventory and other goods of Licensee
      in which Lender has a security interest bearing or using any of the Licensed
      Intellectual Property. Lender will pay to Licensor a royalty with respect to
      any
      sales by Lender of such assets and properties bearing or using the Licensed
      Intellectual Property based on the percentage and on the terms set forth in
      the
      License Agreements as in effect on the date hereof. The use by Lender of the
      Licensed Intellectual Property shall not constitute an assumption by Lender
      of
      any obligations of Licensee to Licensor or to any other person and in no event
      shall Lender be liable for any such obligations of Licensee to Licensor or
      to
      any other person or entity (whether for past due royalties or otherwise).
      Licensor does not and shall not have any security interest or other interest
      in
      any assets and properties of Licensee.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

      Wachovia
        Bank, National Association

      May
        8,
        2008

      Page
        2

       

       

    

    3. In
      the
      event of a default by Licensee under a License Agreement, Licensor will notify
      Lender in writing of such default. Lender shall have the right and opportunity,
      but not the obligation, to cure such default within thirty (30) days after
      the
      receipt of such notice thereof from Licensor. During such thirty (30) day period
      Licensor shall not terminate such License Agreement. Any payment made or act
      done by Lender to cure such default shall not constitute an assumption of such
      License Agreement or of any obligations thereunder. Notwithstanding anything
      to
      the contrary contained in the License Agreements or otherwise, no termination
      of
      a License Agreement will affect the rights of Lender to continue to use the
      Licensed Intellectual Property for the uses permitted hereunder. 

    

    4. Lender
      hereby agrees that, notwithstanding anything to the contrary contained herein,
      commencing on March 31, 2009 Licensee may make, and Licensor may receive and
      retain from Licensee, on a monthly basis Deferred Royalty Payments in accordance
      with the terms of the License Agreement in an aggregate sum not to exceed
      $1,500,000 (plus applicable interest not to exceed 10% per annum); provided that,
      (a) any
      monthly payment cannot exceed $375,000 per month and (b) as of the date of
      any
      such payment and after giving effect thereto, (i) no Default or Event of
      Default, under the Loan Agreement, shall exist or have occurred and be
      continuing, (ii) Licensee maintains a pro forma Fixed Charge Coverage Ratio
      (as
      defined in Section 7.1 of the Loan Agreement) of not less than 1.20 to 1.00
      for
      the twelve (12) month period ending on the proposed date of such payment after
      giving effect to such payment and (iii) Licensee has Excess Availability of
      at
      least $2,500,000. If Licensor receives any payment in contravention of the
      terms
      of this Section 4, Licensor shall receive and hold the same in trust, as
      trustee, for the benefit of Lender, segregated from other funds and property
      of
      Licensor and shall forthwith deliver the same to Lender (together with any
      endorsement or assignment of Licensor where necessary), for application to
      any
      of the Obligations. In the event of the failure of Licensor to make any such
      endorsement or assignment to Lender, Lender, or any of its officers or
      employees, are hereby irrevocably authorized on behalf of Licensor to make
      the
      same.

    

    5. Lender
      is
      relying upon this letter agreement in providing financing to Licensee, and
      this
      letter agreement will be binding upon the Licensor and its successors and
      assigns and inure to the benefit of Lender and its successors and assigns (and
      including any lender or lenders that refinance the obligations of Licensee
      to
      Lender). This letter agreement cannot be changed, modified or terminated orally
      or by course of conduct, but only by a written agreement signed by Lender and
      Licensor.

    

    6. The
      validity, interpretation and enforcement of this letter agreement and any
      dispute arising out of the relationship between the parties hereto in connection
      with this letter agreement, whether in contract, tort, equity or otherwise,
      shall be governed by the internal laws of the Commonwealth of Pennsylvania,
      but
      excluding any principles of conflicts of law or other rule of law that would
      cause the application of the law of any jurisdiction other than the laws of
      the
      Commonwealth of Pennsylvania. 

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      Wachovia
        Bank, National Association

      May
        8,
        2008

      Page
        3

    

    
 

    6. This
      letter agreement may be executed in any number of counterparts, but all of
      such
      counterparts shall together constitute but one and the same agreement. In making
      proof of this letter agreement, it shall not be necessary to produce or account
      for more than one counterpart thereof signed by each of the parties hereto.
      

    
      

        
          	 	
                  Very
                    truly yours,

                  

                  LATITUDE
                    LICENSING CORP.

                
	 	 	 	 
	 	 	 	 
	 	
                  By:

                	/s/
                  Serge J. Massat	 
	 	
                  Name:

                	Serge
                  J. Massat	 
	 	
                  Title:

                	Secretary	 

        

         

      

    

    

    ACKNOWLEDGED
      AND AGREED:

    

    WACHOVIA
      BANK, NATIONAL ASSOCIATION

    

      
        	
                By:

              	/s/
                Georgios Kyvernitis	 
	
                Name:

              	Georgios
                Kyvernitis	 
	
                Title:

              	Director	 

      

       

    

    I.C.
      ISAACS & COMPANY L.P.

    By:
      I.C.
      Isaacs & Company, Inc., general partner

    
      

        
          	
                  By:

                	/s/
                  Robert S. Stec	 
	
                  Name:

                	Robert
                  S. Stec	 
	
                  Title:

                	Chief
                  Executive Officer	 

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

    

    SCHEDULE
      A

    

    LICENSED
      INTELLECTUAL PROPERTY

    

    All
      trademarks now or hereafter (the “Marks”)
      covered by the License Agreements

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