Document:

Fifth Amendment to Supply Agreement

 Exhibit 10.33 
 FIFTH AMENDMENT TO SUPPLY AGREEMENT 
 THIS
FIFTH AMENDMENT TO SUPPLY AGREEMENT (this “Amendment”), effective February l, 2007, is made by and between Diversified Apparel Resources, LLC f/k/a Commerce Clothing Company, LLC (“Diversified”), a California limited liability
company with its principal executive offices at 5804 East Slauson Avenue, Commerce, California 90040, and Cygne Designs, Inc., a Delaware corporation (“Cygne”), having its principal executive office at 11 West 42nd Street, New York, New York 10036 and Diversified. 
 RECITALS 
 A. AZT International S. de R.L. de C.V., a Mexico corporation
(“AZT”), an affiliate of Diversified, and Cygne previously entered into a Supply Agreement dated July 31, 2005, as amended (the “Agreement”) providing for the manufacture and supply by AZT of certain products for Cygne under
the terms and conditions set forth in the Agreement. 
 B. AZT assigned to Diversified all of its rights, obligations and liabilities under
the Agreement pursuant to that certain Second Amendment to Supply Agreement dated December 9, 2005 (the “Second Amendment”). 
 C. The parties desire to amend certain provisions of the Agreement and incorporate this Amendment therein. 
 D. Except as otherwise
set forth herein, any terms used but not defined herein shall have the meanings assigned to them in the Agreement. 
 NOW, THEREFORE, and in
consideration of the mutual promises, covenants, representations and good and valuable consideration set forth herein, the adequacy of which is hereby acknowledged, the parties hereto agree as follows: 
 1. Amendment. Diversified and Cygne hereby agree that the Agreement shall be amended as follows: 
 (a) The Term of the Agreement (as defined in Section 2(a) of the Agreement, and including the Initial Amendment Term (as defined in the Second
Amendment) is hereby renewed and extended until the earlier of the first of the following to occur: (i) July 31, 2008, or (ii) the date on which Cygne executes a supply agreement with a third party supplier other than Diversified
(or the effective date thereof if later than the execution date). 
 (b) The first sentence of Section 1.2 of the Agreement is hereby
deleted in its entirety and replaced with the following: 
 “Diversified agrees that the purchase price (the “AZT [Diversified]
Price”) of the Denim Products purchased from Diversified by Cygne or its affiliates shall allow 

 
Cygne (i) for branded Denim Products, an initial Gross Margin (as defined below) on the initial offering line price per unit to its wholesale customers,
net of discounts granted to customers, which discounts are determined on a customer by customer basis and are added back to determine the initial offering line price per unit, but without adjustment for any chargeback deductions and allowances (the
“Cygne Wholesale Price”) of 35% and (ii) for private label Denim Products, an initial Gross Margin on the Cygne Wholesale Price of 25%; provided that, the foregoing initial Gross Margin guarantee shall not apply to private label Denim
Products supplied to Target, Inc., Target.com or American Eagle Outfitters. Notwithstanding the foregoing, Diversified agrees that for private label Denim Products supplied to Target, Inc., Target.com or American Eagle Outfitters the AZT
[Diversified] Price of the Denim Products purchased from Diversified by Cygne or its affiliates shall allow Cygne an initial Gross Margin on the Cygne Wholesale Price (i) of 20% for the period beginning on January 1, 2007 and continuing
through and including April 30, 2007, and (ii) of 25% for the period beginning on May 1, 2007 and continuing through and including July 31, 2007.” 
 2. Except as expressly amended by this Amendment, the Agreement shall remain in full force and effect in accordance with its terms. 
 3 . This Amendment may be executed in two or more counterparts, each of which will be deemed an original, but all of which together will constitute one
and the same instrument. For purposes hereof, a facsimile copy of this Amendment, including the signature pages hereto, will be deemed to be an original. Notwithstanding the foregoing, the parties will deliver original execution copies of this
Amendment to one another as soon as practicable following execution thereof. 
 [THIS SPACE INTENTIONALLY LEFT BLANK] 
  

 2 

 IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first set forth above.

  

			
	CYGNE DESIGNS, INC,
		
	By:	 	 /s/ Bernard Manuel

	Name:	 	Bernard Manuel
	Title:	 	President
	
	DIVERSIFIED APPAREL RESOURCES, LLC
		
	By:	 	 /s/ Hubert Guez

	Name:	 	Hubert Guez
	Title:	 	Chief Executive Officer

  

 3Amendment No. 8 to Loan Agreement

 Exhibit 10.4.6 
 AMENDMENT NO. 8 
 TO 
 LOAN AGREEMENT 
 AMENDMENT NO. 8 dated and effective as of March 26, 2007,
among NICHOLAS FINANCIAL, INC. (“Borrower”), the financial institutions listed on the signature pages hereof (the “Lenders”) and BANK OF AMERICA, N.A., as agent for the Lenders (the “Agent”). 
 WHEREAS, the Borrower, the Agent and the Lenders are parties to a certain Amended and Restated Loan and Security Agreement, dated as of August 1,
2000 (the “Loan Agreement”), pursuant to which the Lenders have agreed, subject to the terms and conditions therein set forth, to provide certain financial accommodations to the Borrower; and 
 WHEREAS, the Borrower desires that the Lenders amend certain provisions of the Loan Agreement, and the Lenders are willing, subject to the terms and
conditions hereinafter set forth, to do so; 
 NOW, THEREFORE, the parties hereto hereby agree as follows: 
 SECTION 1. CAPITALIZED TERMS. Capitalized terms used but not defined herein shall have the respective meanings set forth in the Loan
Agreement. 
 SECTION 2. AMENDMENTS. The Loan Agreement is hereby amended as follows: 
 (a) Increase In Commitments: 
 Increase In Bank of America, N.A. Commitment. From and after the effective date of this Amendment the Commitment of Bank of America, N.A. is hereby increased from $45,000,000.00 to $55,000,000.00. 
 (b) Amendment of Section 1.1: 
 The definition of “Maximum Revolver Amount” in Section 1.1 of the Loan Agreement is hereby amended to read as follows: “Maximum Revolver Amount” means $110,000,000.00. 
 (c) Amendment of Section 7.2: 
 (i) Section 7.2(b) is hereby amended by adding the following to the end thereof: 
 “Notwithstanding anything else in this Section 7.2(b), the borrower shall not be required to comply with the provisions of this Section 7.2(b) for any month so long as during such month (i) no Default or Event of Default
has occurred or is continuing and (ii) Availability is at no time less than $10,000,000.” 
 (ii)
Section 7.2.(c) is hereby amended in its entirety to read as follows: 
 “(c) As soon as available, but in any
event not later than 

 
forty five (45) days after the end of each quarter, consolidated and consolidating unaudited balance sheets of the Borrower and its consolidated
Subsidiaries as at the end of such quarter, and consolidated and consolidating unaudited statements of income and expense and cash flow for the Borrower and its consolidated Subsidiaries for such quarter and for the period from the beginning of the
Fiscal Year to the end of such quarter, all in reasonable detail, fairly presenting the financial position and results of operations of the Borrower and its consolidated Subsidiaries as at the date thereof and for such periods, and prepared in
accordance with GAAP applied consistently with the audited Financial Statements required to be delivered pursuant to Section 7.2(a). The Borrower shall certify by a certificate signed by its chief financial officer that all such
statements have been prepared in accordance with GAAP and present fairly, subject to normal year-end adjustments, the Borrower’s financial position as at the dates thereof and its results of operations for the periods then ended.”

 (d) Amendment of Sections 9.18, 9.20 and 9.21: 
 Each of Sections 9.18, 9.20 and 9.21 are hereby amended by deleting the time period “month” each time it appears in Sections
9.18, 9.20 and 9.21 and substituting therefore, the time period “quarter” 
 SECTION 3. WAIVERS. Agent and Lenders
hereby waive compliance by Borrower of: 
 (a) Borrower’s failure to comply with Section 6.7 for the month ending
August 31, 2006 and to comply with such Section on a timely basis for the months ending September 30, 2006, October 31, 2006, November 30, 2006 and December 31, 2006; and 
 (b) Borrower’s failure to comply with Section 7.2(b) for the months of August, October, November and December, 2006 

SECTION 4. EFFECTIVENESS. The amendment made herein shall become effective when Lenders shall have duly executed and delivered this
Agreement and counterparts hereof shall have been duly executed and delivered to the Agent by the Borrower. 
 SECTION 5. COUNTERPARTS
AND GOVERNING LAW. This Agreement may be executed in counterparts, each of which shall be an original, and all of which, taken together, shall constitute a single instrument. This Agreement shall be governed by, and construed in accordance
with the law of the State of New York. 
 SECTION 6. REFERENCES TO LOAN AGREEMENT. From and after the effectiveness of this
Agreement and the waivers and agreements contemplated hereby, all references in the Loan Agreement to “this Agreement”, “hereof”, “herein”, and similar terms shall mean and refer to the Loan Agreement as certain
provisions thereof are amended or supplemented by this Agreement, and all references in other documents to the Loan Agreement shall mean such agreement as certain provisions thereof are amended or supplemented by this Agreement. 
 SECTION 7. INVALIDITY. Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid
under all applicable laws and regulations. If, 

 
however, any provision of this Agreement shall be prohibited by or invalid under any such law or regulation, it shall be deemed modified to conform to the
minimum requirements of such law or regulation, or if for any reason it is not deemed so modified, it shall be ineffective and valid only to the extent of such prohibition or invalidity without the remainder thereof or any of the remaining
provisions of this Agreement being prohibited or invalid. 
 SECTION 8. RATIFICATION AND CONFIRMATION. The Loan Agreement is
hereby ratified and confirmed and, except as herein otherwise agreed, remains unmodified and in full force and effect. 
 SECTION 9.
ADJUSTED PRO RATA PAYMENTS. Within ten (10) days from the date of execution of this Amendment (“Closing Settlement Date”), Agent shall conduct a Settlement with Lenders. At such Settlement, each Lender shall pay to the
Agent in immediately available funds, an amount equal to each Lender’s pro rata share of the aggregate outstanding principal amount of the Loans. For purposes of the calculation of the pro rata share of each Lender, the Commitment of each
Lender, shall be in the amount set forth in the signature section of this Amendment. 
 SECTION 10. ACKNOWLEDGEMENTS BY
LENDERS. 
 (a) The execution and delivery of this Agreement effectuates a reallocation of the Maximum Revolving Amount and
Commitments among Bank of America, N.A., Capital One, N.A. (f/k/a Hibernia National Bank), First Tennessee Bank National Association and BoS (USA), Inc. (“Lenders”). 
 (b) The Lenders 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 Agreement including the delivery of any notices or other documents or instruments to the Borrower or the Administrative Agent, which may be required in connection with the reallocations
contemplated hereby. 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed by their respective
authorized officers as of the day and year first above written. 
  

					
	 	 	Borrower:
		
		 	NICHOLAS FINANCIAL, INC.
			
		 	By:	 	 /s/ Peter L. Vosotas

		 		 	Peter L. Vosotas, President
		
		 	Agent:
		
		 	BANK OF AMERICA, N.A.,
		 	    as Agent
			
		 	By:	 	 /s/ Bruce Jenks

		 		 	Bruce Jenks, Vice President
		
		 	Lenders:
		
	Commitment Amount:	 	BANK OF AMERICA, N.A.
	$55,000,000.00 (50%)	 		 	
			
		 	By:	 	 /s/ Bruce Jenks

		 		 	Bruce Jenks, Vice President

					
	 Commitment Amount:
	 	CAPITAL ONE, N.A.
	 $17,500,000.00 (15.909090%)
	 	(f/k/a HIBERNIA NATIONAL BANK)
			
		 	By:	 	 /s/ Lori S. Mitchell

		 		 	Lori S. Mitchell, Senior Vice President

					
	 Commitment Amount:
	 	FIRST TENNESSEE BANK NATIONAL ASSOCIATION
	 $22,500,000.00 (20.454545455%)
	 	
			
		 	By:	 	 /s/ David Perry

		 		 	David Perry, Senior Vice President

					
	 Commitment Amount:
	 	BoS (USA), INC.
	 $15,000,000.00 (13.636363636%)
	 		 	
			
		 	By:	 	 /s/ Karen Weich

		 		 	Karen Weich, Vice President

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