Document:

Exhibit 10.2

Exhibit 10.2

Summary of 2010 Long-Term Incentive Program for Tandy Brands Accessories, Inc.

On June 30, 2009, the Board of Directors of Tandy Brands Accessories, Inc. (the “Company”), upon recommendation of
the Company’s Compensation Committee, approved the Company’s 2010 long-term incentive program, pursuant to which
performance units will be granted to certain of the Company’s executive officers for the performance period beginning
July 1, 2009 and ending June 30, 2012. Under the long-term incentive program, target awards are expressed as a dollar
amount, with threshold, target and maximum payout opportunities expressed as a percentage of the target award (actual
payouts may range anywhere between the threshold and maximum percentages). No payout will occur unless threshold
performance is achieved. The Board approved the following payout opportunities for achieving threshold, target and
maximum performance:

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Threshold	 	 	 	 	 	 	Maximum	 
	Executive Officer	 	(as a % of Target)	 	 	Target	 	 	(as a % of Target)	 
	Chief Executive Officer
	 	 	50%	 	 	$	150,000	 	 	 	200%	 
	Other Executive Officers
	 	 	50%	 	 	$	100,000	 	 	 	200%	 

To support the Company’s focus on creating long-term shareholder value, the financial metric approved by the Board
to determine whether target performance has been achieved is earnings per share, as an average over the performance
period. Assuming continued employment, if, at the end of the performance period, at least the threshold performance
level has been achieved, the performance units vest and, to the extent earned, will be distributed 50% in cash and 50%
in Company common stock with the number of shares distributed based on the fair market value of the Company’s common
stock on the date the performance unit is granted. The Board may, in its discretion, adjust the target measures to
exclude one-time, non-operating items that may occur during the performance period.

 

6EX-10.1

Exhibit 10.1

AMENDMENT TO SHARE PURCHASE AGREEMENT

     This AMENDMENT TO SHARE PURCHASE AGREEMENT (this “Amendment”), dated as of June 29, 2009, is
made by and between ANEMOS MARITIME HOLDINGS INC. (the “Seller”), a wholly-owned subsidiary of
Navios Maritime Holdings Inc. (“NMHI”) and a corporation organized under the laws of the Republic
of the Marshall Islands, and NAVIOS MARITIME PARTNERS L.P. (the “Buyer,” and together with Seller,
the “Parties”), a limited partnership organized under the laws of the Republic of the Marshall
Islands.

WITNESSETH:

     WHEREAS, the Parties are currently parties to that certain Share Purchase Agreement, dated as
of November 16, 2007 (the “Share Purchase Agreement”);

     WHEREAS, Buyer, NMHI, Navios GP L.L.C., a Marshall Islands limited liability company, and
Navios Maritime Operating L.L.C., a Marshall Islands limited liability company (together, the
“Navios Entities”), are currently parties to that certain Omnibus Agreement, dated as of November
16, 2007 (the “Omnibus Agreement”); and

     WHEREAS, the Parties and the other Navios Entities desire to amend the Share Purchase
Agreement, as set forth herein, and the Omnibus Agreement, as set forth in that certain Amendment
to Omnibus Agreement, dated of even date herewith, in consideration for the issuance by Buyer to
NMHI of 1,000,000 Subordinated Series A Units of the Buyer pursuant to that certain Subscription
Agreement, dated June 9, 2009, attached hereto as Exhibit A; capitalized terms used herein
and not otherwise defined shall have the meanings given such terms in the Share Purchase Agreement.

     NOW, THEREFORE, in consideration of the premises and the mutual covenants contained herein and
for other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Parties hereby agree as follows:

     1. The first recital of the Share Purchase Agreement is hereby deleted in its entirety and
replaced by the following:

     “WHEREAS, the Buyer may wish to purchase from the Seller, and the Seller wishes to sell
to the Buyer, subject to the terms and conditions set forth herein, the shares of common
stock as set forth on Schedule C to this Agreement (the “Shares”) representing all of the
issued and outstanding shares of common stock of the vessel owning subsidiary that will take
delivery of the Capesize vessel (the “Vessel”) as set forth in Schedule A hereto (the
“Vessel Owning Subsidiary”).”

     2. The following definitions are hereby added to Section 1.01 of the Share Purchase Agreement:

     “Election Notice” has the meaning given to it in Section 2.01(b); and

     “Notice Period” means the term commencing at 12:01 am, New York time, on June
29, 2009 and ending at 11:59 pm, New York time on June 29, 2010;

     3. Article II of the Share Purchase Agreement is hereby deleted in its entirety and replaced
by the following:

“ARTICLE II

Purchase and Sale of Shares; Closing

 

 

     SECTION 2.01 Purchase and Sale of Shares.

     (a) The Seller agrees to sell and transfer to the Buyer, and, subject to the provisions
of Section 2.01(b), the Buyer agrees to purchase from the Seller for the Purchase Price and
in accordance with and subject to the terms and conditions set forth in this Agreement, the
Shares.

     (b) Notwithstanding the provisions of Section 2.01(a), the Buyer shall not be obligated
to purchase the Shares from the Seller unless the Buyer shall have delivered to the Seller
at any time during the Notice Period a written notice indicating an affirmative election to
purchase the Shares (“Election Notice”). The Buyer shall have the sole discretion to
determine whether to deliver an Election Notice to the Seller. If the Election Notice has
not been delivered by the Buyer to the Seller at any time during the Notice Period, any and
all rights and obligations of the Buyer and the Seller set forth in this Agreement shall
expire and terminate upon the expiration of the Notice Period.

     SECTION 2.02 Closing. On the terms and subject to the conditions of this
Agreement, the sale and transfer of the Shares and payment of the Purchase Price shall take
place on a date that is within five (5) Business Days of the delivery of the Election Notice
by the Buyer to the Seller as set forth in Section 2.01(b) or on such other date as may be
agreed upon in writing by the Seller and the Buyer (the “Time of Closing”); provided
that if any such sale and transfer of the Shares is scheduled to occur on the Delivery Date,
the Time of Closing must be after the registration of the Vessel in the name of the Vessel
Owning Subsidiary. The sale and transfer of the Shares is hereinafter referred to as the
“Closing.”

     SECTION 2.03 Place of Closing. The Closing shall occur at a place agreed upon
in writing by the Seller and the Buyer.

     SECTION 2.04 Purchase Price for the Shares. At the Time of Closing, the Buyer
shall pay to the Seller (to such account as the Seller shall nominate) the amount set out on
Schedule B across from the Vessel Owning Subsidiary’s name, for the Shares (the “Purchase
Price”).

     SECTION 2.05 Payment of the Purchase Price. The Purchase Price will be paid by
the Buyer to the Seller by wire transfer of immediately available funds to an account
designated in writing by the Seller.

     SECTION 2.06 [Intentionally omitted.]”

     4. Section 8.02(d) of the Share Purchase Agreement is hereby deleted in its entirety and
replaced by the following:

     “(d) “the Buyer shall have obtained the funds necessary to consummate the purchase and
sale of the Shares, to refinance all indebtedness the Buyer is required to refinance as a
result of the purchase and sale of the Shares and to pay all related fees and expenses;”

     3. Section 8.02(f) of the Share Purchase Agreement is hereby deleted in its entirety and
replaced by the following:

     “(f) the Buyer shall have delivered the Election Notice to the Seller during the
Notice Period; and

     (g) all proceedings to be taken in connection with the transaction contemplated by this
Agreement and all documents incidental thereto shall be reasonably satisfactory in form and
substance to the Buyer and its counsel, and the Buyer shall have received copies of all such

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documents and other evidence as it or its counsel may reasonably request in order to
establish the consummation of such transaction and the taking of all proceedings in
connection therewith.”

     4. Section 9.01 of the Share Purchase Agreement is hereby deleted in its entirety and replaced
by the following:

     “SECTION 9.01 Termination of Agreement. Notwithstanding anything to the
contrary in this Agreement, this Agreement may be terminated and the purchase and sale of
the Vessel Owning Subsidiary contemplated by this Agreement abandoned at any time prior to
the Closing:

     (a) by mutual written consent of the Seller and the Buyer;

     (b) without any further action by either the Buyer or the Seller if, by the
expiration of the Notice Period, the Election Notice has not been delivered by the Buyer to
the Seller at any time during the Notice Period;

     (c) by the Seller if any of the conditions set forth in Section 8.01 shall
have become incapable of fulfillment, and shall not have been waived by the Seller; or

     (d) by the Buyer if any of the conditions set forth in Section 8.02 shall have
become incapable of fulfillment, and shall not have been waived by the Buyer.

provided, however, that the party seeking termination pursuant to clause (c)
or (d) is not then in material breach of any of its representations, warranties, covenants
or agreements contained in this Agreement.”

     5. Section 9.02(b) of the Share Purchase Agreement is hereby deleted in its entirety and
replaced by the following:

     “(b) [Intentionally omitted.]”

     6. Schedule B of the Share Purchase Agreement is hereby deleted in its entirety and replaced
with Exhibit B hereto.

     7. Except as modified by this Amendment, all other terms and conditions in the Share Purchase
Agreement shall remain in full force and effect.

     8. Unless the context otherwise requires, the Share Purchase Agreement and this Amendment
shall be read together and shall have effect as if the provisions of the Share Purchase Agreement
and this Amendment were contained in one agreement. After the effective date of this Amendment,
all references in the Share Purchase Agreement to “this Agreement,” “hereto,” “hereof,” “hereunder”
or words of like import referring to the Share Purchase Agreement shall mean the Share Purchase
Agreement as amended by this Amendment.

     9. This Amendment may be executed in separate counterparts, all of which taken together shall
constitute a single instrument.

     10. This Amendment shall be governed by, and construed in accordance with, the laws of the
Republic of the Marshall Islands applicable to contracts made and to be performed wholly within
such jurisdiction without giving effect to conflict of law principles thereof, except to the extent
that it is mandatory that the law of some other jurisdiction, such as wherein the Vessel is
located, shall apply.

[The remainder of this page has been intentionally left blank]

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     IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the day and year
first above written.

	 	 	 	 	 
	 	ANEMOS MARITIME HOLDINGS INC.

 	 
	 	By:  	/s/ George Akhniotis 	 
	 	 	Name:  	George Akhniotis 	 
	 	 	Title:  	Director/President 	 
	 
	 	NAVIOS MARITIME PARTNERS L.P.

 	 
	 	By:  	/s/ Michael McClure 	 
	 	 	Name:  	Michael McClure 	 
	 	 	Title:  	Chief Financial Officer 	 

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Exhibit B

SCHEDULE B

PURCHASE PRICE

	 	 	 	 	 
	 	 	Purchase Price
	Vessel Owning Subsidiary	 	(U.S. Dollars)
	Nostos Shipmanagement Corp.
	 	$	125,000,000

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