Document:

<PAGE>

                                                                   Exhibit 10.11
                                                                   -------------

                      TENTH AMENDMENT TO CREDIT AGREEMENT
                      -----------------------------------

     This Tenth Amendment to Credit Agreement (the "Amendment") is made on this
31/st/ day of March, 2000 by and among Converse Inc. (the "Borrower"), BT
Commercial Corporation, as Agent (in such capacity, the "Agent") and BT
Commercial Corporation (in its capacity as lender, "BTCC"), Fleet Business
Credit Corporation ("FBC"), LaSalle National Bank ("LaSalle"), BankBoston, N.A.
("BankBoston"), FINOVA Capital Corporation ("FINOVA"), GMAC Commercial Credit
LLC ("GMAC"), Fleet Capital Corporation ("Fleet"), Bank of America, N.A.
("BofA"), Heller Financial, Inc. (BT, FBC, LaSalle, BankBoston, FINOVA, GMAC,
Fleet, BofA, and Heller referred to collectively as "Lenders").

                             W I T N E S S E T H:

     WHEREAS, the Agent, the Lenders and the Borrower are parties to that
certain Credit Agreement dated as of May 21, 1997, as amended by that certain
First Amendment to Credit Agreement dated as of June 26, 1997, that certain
Second Amendment to Credit Agreement dated as of November 21, 1997, that certain
Third Amendment to Credit Agreement dated as of January 29, 1998, that certain
Fourth Amendment to Credit Agreement dated as of September 16, 1998, that
certain Fifth Amendment to Credit Agreement dated as of May 28, 1999, that
certain Sixth Amendment to Credit Agreement dated as of July 30, 1999, that
certain Seventh Amendment to Credit Agreement dated as of October 31, 1999, that
certain Eighth Amendment to Credit Agreement dated November 15, 1999, and that
certain Ninth amendment to credit agreement dated February 15, 2000
(collectively, the "Credit Agreement"); and

     WHEREAS, the parties desire to amend the Credit Agreement, as more fully
set forth herein.

     NOW, THEREFORE, in consideration of the mutual agreements herein contained
and other good and valuable consideration, the adequacy is hereby acknowledged,
and subject to the terms and conditions hereof, the parties hereto agree as
follows:

     SECTION 1.  DEFINITIONS.  Unless otherwise defined herein, all capitalized
                 -----------
terms shall have the meaning given to them in the Credit Agreement.

     SECTION 2.  AMENDMENTS TO CREDIT AGREEMENT.
                 ------------------------------

          2.1  The defined term "Borrowing Base", which appears in Section 1.1
of the Credit Agreement, is hereby amended by deleting the reference to "March
31, 2000" contained in subsection (F)(i) thereof and inserting "May 15, 2000" in
its stead.

                                       1
<PAGE>

     SECTION 3.  WAIVER.
                 ------

          3.1  Waiver of Event of Default.  Borrower has advised the Agent that
               --------------------------
Borrower has failed to comply with the provisions of Section 7.7 of the Credit
Agreement for the 12 month period ending December 31, 1999, which failure
constitutes an Event of Default.  Subject to the satisfaction by the Borrower of
the conditions precedent contained herein, the Agent and Required Lenders hereby
waive the Event of Default occasioned as a result of Borrower's failure to
comply with the provisions of Section 7.7 for the 12 month period ending
December 31, 1999.  Such waiver is limited to the Event of Default described
herein and is not a waiver with respect to any other Default or Event of Default
which has or may occur pursuant to the terms of the Credit Agreement generally.

     SECTION 4.  CONDITIONS PRECEDENT.  The effectiveness of this Amendment is
                 --------------------
expressly conditioned upon satisfaction of the following conditions precedent:

          4.1  Amendment.  Agent shall have received copies of this Amendment
               ---------
duly executed by Borrower and Lenders constituting Required Lenders.

          4.2  Amendment Fee.  Borrower shall have paid to Agent for the benefit
               -------------
of the Lenders who have committed to make advances pursuant to subsection (F) of
the Borrowing Base, an amendment fee in the amount of $50,000.

          4.3  Waiver Fee.  Borrower shall have paid to Agent for the benefit of
               ----------
the Lenders in accordance with their respective Revolving Credit Commitments as
set forth on Annex I as amended herein, a Waiver Fee in the amount of $100,000.

          4.4  Other.  Agent shall have received such other documents,
               -----
certificates and assurances as it shall reasonably request.

                                       2
<PAGE>

     SECTION 5.  REAFFIRMATION OF BORROWER.  Borrower hereby represents and
                 -------------------------
warrants to Agent and Lender that (i) the representations and warranties set
forth in Section 5 of the Credit Agreement are true and correct on and as of the
date hereof, except to the extent (a) that any such representations or
warranties relate to a specific date, or (b) of changes thereto as a result of
transactions for which Agent and Lender have granted their consent; (ii) to the
best of Borrower's knowledge, on the date hereof it is in compliance with all of
the terms and provisions set forth in the Credit Agreement as hereby amended;
and (iii) to the best of Borrower's knowledge, upon execution hereof no Default
or Event of Default has occurred and is continuing or has not previously been
waived.

     SECTION 6.  FULL FORCE AND EFFECT.  Except as herein amended, the Credit
                 ---------------------
Agreement and all other Credit Documents shall remain in full force and effect.

     SECTION 7.  COUNTERPARTS.  This Amendment may be executed in two or more
                 ------------
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same document.

     IN WITNESS WHEREOF, the parties hereto have executed this Amendment on the
day and year specified above.

                                        Borrower:

                                        CONVERSE INC.

                                        By:_______________________________
                                           Name:__________________________
                                           Title:_________________________

                                       3
<PAGE>

                                        Agent:

                                        BT COMMERCIAL CORPORATION

                                        By:_______________________________
                                           Name:__________________________
                                           Title:_________________________

                                        Lenders:

                                        BT COMMERCIAL CORPORATION

                                        By:_______________________________
                                           Name:__________________________
                                           Title:_________________________

                                        FLEET BUSINESS CREDIT
                                        CORPORATION

                                        By:_______________________________
                                           Name:__________________________
                                           Title:_________________________

                                        LASALLE NATIONAL BANK

                                        By:_______________________________
                                           Name:__________________________
                                           Title:_________________________

                                        BANKBOSTON, N.A.

                                        By:_______________________________
                                           Name:__________________________
                                           Title:_________________________

                                       4
<PAGE>

                                        Lenders:

                                        FINOVA CAPITAL CORPORATION

                                        By:_______________________________
                                           Name:__________________________
                                           Title:_________________________

                                        GMAC COMMERCIAL CREDIT LLC

                                        By:_______________________________
                                           Name:__________________________
                                           Title:_________________________

                                        FLEET CAPITAL CORPORATION

                                        By:_______________________________
                                           Name:__________________________
                                           Title:_________________________

                                        BANK OF AMERICA, N.A.

                                        By:_______________________________
                                           Name:__________________________
                                           Title:_________________________

                                        HELLER FINANCIAL, INC.

                                        By:_______________________________
                                           Name:__________________________
                                           Title:_________________________

                                       5
<PAGE>

                                    ANNEX I
                                    -------

                        LENDERS AND COMMITMENT AMOUNTS
                        ------------------------------

Lender                                  Revolving Credit Commitment
------                                  ---------------------------

BT Commercial Corporation                         $12,600,000
233 South Wacker Drive, Suite 8400
Chicago, Illinois 60606

Fleet Business Credit Corporation                 $12,000,000
200 Glastonbury Blvd.
Glastonbury, CT 06033

LaSalle National Bank                             $12,600,000
135 South LaSalle Street, Suite 425
Chicago, IL 60603

FINOVA Capital Corporation                        $ 9,600,000
311 South Wacker Drive, Suite 4400
Chicago, IL 60606-6618

GMAC Commercial Credit LLC                        $12,000,000
1290 Avenue of the Americas, 3/rd/ Floor
New York, NY 10104

Fleet Capital Corporation                         $ 3,600,000
200 Glastonbury Blvd.
Glastonbury, CT 06033

Bank of America, N.A.                             $ 9,600,000
600 Peachtree Street, 13/th/ Floor
Atlanta, Georgia 30308

Heller Financial, Inc.                            $12,000,000
500 West Monroe Street, 18/th/ Floor
Chicago, IL 60661

BankBoston, N.A.                                  $ 6,000,000

                                       6
<PAGE>

                                   ANNEX I-A

                         LENDERS AND COMMITMENT AMOUNT
                     With Respect to Subsection (F) of the
                             Borrowing Base as of
                               February 15, 2000

Name and Address of Lender               Revolving Credit Commitment
--------------------------               ---------------------------

BT Commercial Corporation                     $4,000,000
233 South Wacker Drive, 84/th/ Floor
Chicago, Illinois 60606

LaSalle National Bank                         $2,000,000
135 South LaSalle Street, Suite 425
Chicago, IL 60603

                                       7<PAGE>

                                                                   Exhibit 10.40
                                                                   -------------

                    SUPPLEMENT TO NOTE PURCHASE AGREEMENTS
                    --------------------------------------

          This SUPPLEMENT TO NOTE PURCHASE AGREEMENTS ("Supplemental Agreement")
is made and dated as of November 23, 1999, by and among Converse Inc. (the
"Company"), and U. S. Bancorp Investments, Inc., successor to Libra Investments,
Inc. ("Libra"), Foothill Partners III, L.P. ("Foothill"), DDJ Canadian High
Yield Fund ("DDJ Canadian"), and B III Capital Partners, L.P. ("B III Capital")
(Libra, Foothill, DDJ Canadian, and B III Capital collectively the "Purchasers"
or individually a "Purchaser").

                                  WITNESSETH:

          WHEREAS, the Company and the Purchasers are parties to several
substantially identical Note Purchase Agreements dated as of September 16, 1998
(collectively the "Note Purchase Agreements" or individually a "Note Purchase
Agreement"), pursuant to which the Company issued and sold its 15% senior
secured notes, in two series, in the aggregate principal amount of $28,642,687
(the "Secured Notes"); and

          WHEREAS, the Company and the Purchasers desire (i) to acknowledge the
consent to the sale of certain Proprietary Rights by the Company, and (ii) to
amend certain provisions of the Note Purchase Agreements, as more fully set
forth herein.

          NOW, THEREFORE, in consideration of the premises, the mutual
certifications and agreements herein contained and the payment provided for
herein, and other good and valuable consideration, the adequacy of which is
hereby acknowledged, and on and subject to the terms and conditions hereof, the
parties certify and agree as follows:

          SECTION 1.  DEFINITIONS. Unless otherwise defined herein, all
                      -----------
capitalized terms shall have the respective meanings given to them in the Note
Purchase Agreements.

          SECTION 2.  ACKNOWLEDGMENTS OF PURCHASERS. The Purchasers acknowledge
                      -----------------------------
as follows:

          (a)  Libra.  Libra is (i) the purchaser and remains the holder of that
               -----
     Series A Secured Note in the principal amount of $4,142,931 and (ii) the
     party in interest as "Purchaser" under the related Note Purchase Agreement,
     and in such capacity Libra is authorized to extend consents and amendments
     with respect to the Note Purchase Agreements as set forth herein.

          (b)  Foothill. Foothill is (i) the purchaser and remains the holder of
               --------
     that Series A Secured Note in the principal amount of $10,357,328 and (ii)
     the party in interest as "Purchaser" under the related Note Purchase
     Agreement, and in such
<PAGE>

          (c)  DDJ Canadian. DDJ Canadian is (i) the purchaser and remains the
               ------------
     holder of that Series A Secured Note in the principal amount of $4,045,408
     and that Series B Secured Note in the aggregate principal amount of
     $1,478,400 and (ii) the party in interest as "Purchaser" under the related
     Note Purchase Agreement, and in such capacity DDJ Canadian is authorized to
     extend consents and amendments with respect to the Note Purchase Agreements
     as set forth herein.

          (d)  B III Capital. B III Capital is (i) the purchaser and remains the
               -------------
     holder of that Series A Secured Note in the principal amount of $6,311,920
     and that Series B Secured Note in the aggregate principal amount of
     $2,306,700 and (ii) the party in interest as "Purchaser" under the related
     Note Purchase Agreement, and in such capacity B III Capital is authorized
     to extend consents and amendments with respect to the Note Purchase
     Agreements as set forth herein.

          SECTION 3.  CONSENT.  Pursuant to Section 9.5(a) of the Note Purchase
                      -------
Agreements, the written consent of the Required Holders is required with respect
to the sale of any Proprietary Rights.  The Company has the opportunity to sell
certain Proprietary Rights consisting of (i) the Company's entire right, title
and interest in trademarks and logos, whether registered or not, or applied for
registration or not, concerned with products and commodities except footwear and
special sports/gymnastic footwear covered by International Class 25 and the
corresponding former Japanese Classes 22 and 24 according to the Japanese
trademark law, in the geographical area of Japan, together with the goodwill of
the associated business in the geographical area of Japan, and (ii) any and all
agreements or contracts entered into by the Company, by which those trademarks
and logos have been licensed or otherwise allowed to be used with those products
and commodities in the geographical area of Japan (the assets in clauses (i) and
(ii) collectively the "Japanese Apparel Rights") for a gross sales price of US
$25,000,000.  The net proceeds of the sale of the Japanese Apparel Rights will
be applied in their entirety to the repayment of indebtedness and obligations
under the Revolving Credit Agreement, as provided in Section 7.2 of the Note
Purchase Agreements.  The Company hereby acknowledges that, as a result of and
upon the sale of the Japanese Apparel Rights, the annual "royalty income" shall
be determined on a pro forma basis for purposes of the "rolling twelve month
period" calculation under paragraph (E) of the definition of "borrowing base" in
the Revolving Credit Agreement, resulting in a reduction of approximately
$2,900,000 in the "borrowing base" as of the date of such sale.  The Purchasers
hereby consent to the sale of the Japanese Apparel Rights, on the terms and
conditions described herein, and hereby acknowledge that, in connection with and
upon such sale, the liens and security interests relating to the Japanese
Apparel Rights as part of the Collateral under the Ancillary Documents shall be
and are released.

          SECTION 4.  AMENDMENT.  Pursuant to Section 15.1 of the Note Purchase
                      ---------
Agreements, the written consent of the Required Holders is required with

                                       2
<PAGE>

respect to the amendment of the Note Purchase Agreements. The Purchasers hereby
consent (and agree with the Company) to amendments of the Note Purchase
Agreements as follows:

          (a)  The provisions of Section 9.7 of the Note Purchase Agreements are
     deleted in their entirety, and the same shall be replaced with the
     following provisions:

               9.7  Minimum EBITDA.

                    The Company shall not permit EBITDA for each of the periods
          ending on the dates set forth below to be less than the amount set
          forth for such period:

               The 3 month period ending                 $ 4,330,000
               March 31, 2000
               The 6 month period ending                 $ 8,660,000
               June 30, 2000
               The 9 month period ending                 $13,000,000
               September 30, 2000
               The 12 month period ending                $17,330,000
               December 31, 2000
               The 12 month period ending                $21,000,000
               March 31, 2001
               The 12 month period ending                $23,500,000
               June 30, 2001
               The 12 month period ending                $26,500,000
               September 30, 2001
               The 12 month period ending                $28,000,000
               December 31, 2001

          (b)  The following provisions shall be added to Section 9 of the Note
     Purchase Agreements as new Section 9.15 thereof:

               9.15 Availability Reserve; Limitation on Future Overadvances.

               At any time while there are outstanding Series A Secured Notes,
          the Company shall not, without the written consent of the holders of
          at least two-thirds in interest of the aggregate principal amount of
          the Series A Secured Notes, (i) make any borrowings of "revolving
          loans" under the Revolving Credit Agreement, become liable for any
          reimbursement or indemnity obligations with respect to "letter of
          credit obligations", "foreign exchange obligations" or "acceptance
          obligations" under the Revolving Credit Agreement, or incur any
          obligations for other advances or extensions of credit under the
          Revolving Credit Agreement if and to the

                                       3
<PAGE>

          extent the same would cause the principal amount of such loans and
          other obligations outstanding under the Revolving Credit Agreement to
          exceed the maximum principal amount then permitted to be outstanding
          under the Revolving Credit Agreement less $6,850,000, or (ii) amend
          the definition of "borrowing base" in the Revolving Credit Agreement
          to include any future overadvances other than the aggregate principal
          amount of $6,000,000 in overadvances set forth in paragraph (F) of
          such definition, provided, however, that in any event the Company may,
          without the consent of any of the Purchasers, effect, from time to
          time, extensions of the date specified in clause (i) of paragraph (F)
          of such definition (the Company hereby acknowledging and agreeing that
          the aggregate principal amount of overadvances outstanding at any time
          under the Revolving Credit Agreement shall never exceed $6,000,000).

          SECTION 5.  CERTIFICATION OF THE COMPANY.  The Company represents and
                      ----------------------------
warrants that the Company is, on the date hereof, in compliance with the terms
and provisions set forth in the Note Purchase Agreements, as hereby amended, and
in compliance with the payment obligations under the Secured Notes.

          SECTION 6.  PAYMENT.  The Company shall pay the Purchasers which are
                      -------
signatories to this Supplemental Agreement a supplement fee, which supplement
fee shall be paid by means of the remittance to those Purchasers of up to
$250,000 in the aggregate.  The amount to be so remitted to each such Purchaser
as its share of the supplement fee shall be determined by multiplying $250,000
by the percentage calculated by dividing the principal amount of the Secured
Notes held by such Purchaser as of the date hereof by the aggregate principal
amount of the Secured Notes held by all the Purchasers as of the date hereof.

          SECTION 7.  OBLIGATIONS IN FULL FORCE AND EFFECT.  Except as herein
                      ------------------------------------
amended or otherwise provided (by consent), the Purchase Agreements and the
Ancillary Documents shall remain in full force and effect.

          SECTION 8.  COUNTERPARTS.  This Supplemental Agreement may be executed
                      ------------
in counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same documents.

                                       4
<PAGE>

          IN WITNESS WHEREOF, the parties hereto have executed this Supplemental
Agreement as of the day and year specified above.

                                        COMPANY:

                                        CONVERSE INC.

                                        By:_______________________________
                                           Name:__________________________
                                           Title:_________________________

                                        PURCHASERS:

                                        U. S. BANCORP INVESTMENTS, INC.

                                        By:_______________________________
                                           Name:__________________________
                                           Title:_________________________

                                        FOOTHILL PARTNERS III, L.P.

                                        By:_______________________________
                                           Name:__________________________
                                           Title:_________________________

                                        DDJ CANADIAN HIGH YIELD FUND

                                        By:  DDJ Capital Management, LLC, its
                                             attorney-in-fact

                                             By:__________________________
                                                Name:_____________________
                                                Title:____________________

                                        B III CAPITAL PARTNERS, L.P.

                                        By:  DDJ Capital III, LLC, its
                                             general partner

                                        By:  DDJ Capital Management, LLC,
                                             its manager

                                             By:__________________________
                                                Name:_____________________
                                                Title:____________________

                                       5

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