Document:

Amendment No. 2 to Lease

 Exhibit 10.1 
 AMENDMENT NO. 2 TO LEASE 
 THIS AMENDMENT NO. 2 TO
LEASE (this “Amendment”) is made and entered into as of the 31st day of March, 2010 between Landlord and Tenant named below: 
  

							
		 	LANDLORD:	  	 WE George Street, L.L.C.
 c/o
Winstanley Enterprises LLC
 150 Baker Avenue Extension, Suite 303
 Concord, Massachusetts 01742
	  	
				
		 	TENANT:	  	 Achillion Pharmaceuticals, Inc.
 300 George Street
 New Haven, Connecticut 06510
	  	
				
		 	BUILDING:	  	 300 George Street
 New Haven,
Connecticut 06510
	  	

 WHEREAS, Landlord and Tenant executed a lease dated as of May 5, 2000
(as amended, the “Suite 800 Lease”) by which Tenant leases approximately 20,148 rentable square feet on the 8th floor of the Building known as Suite 800 (“Suite 800”); and 
 WHEREAS, Landlord and Tenant executed letters dated May 5, 2000, July 21, 2000, August 7, 2000 and
December 22, 2000 regarding the initial alterations, the amount of the security deposit and provision of a letter of credit in lieu of a cash security deposit under the Suite 800 Lease; and 
 WHEREAS, Landlord and Tenant executed an Amendment No. 1 to Lease dated as of February 1, 2001 that amended the Suite 800
Lease to add approximately 200 rentable square feet of space on the first floor of the Building known as Suite CS02 (“Suite CS02”) and approximately 446 rentable square feet of space in the basement of the Building known as Suite
NMR1 (“NMR1”); and 
 WHEREAS, Landlord and Tenant executed a lease dated as of March 6, 2002 (as
amended, the “Lease”) by which Tenant leases approximately 8,768 rentable square feet on the second floor of the Building (“Initial Suite 202”); and 
 WHEREAS, Landlord and Tenant executed an Amendment No. 1 to Lease dated as of September 10, 2002 that amended the Lease to
add approximately 2,293 rentable square feet of space on the second floor of the Building to Initial Suite 202 such that Tenant leases a total of approximately 11,061 rentable square feet of space on the second floor, and all of which is known as
Suite 202 (“Suite 202”); and 
 WHEREAS, Landlord and Tenant desire to terminate the Suite 800 Lease and
amend the Lease to (i) include all of the space leased by Tenant in the Building, (ii) extend the term of the Lease, and (iii) make certain other modifications and corrections to the Lease, all as more particularly set forth below.

 NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, Landlord and Tenant hereby agree as follows: 
 1. Capitalized terms used but not defined herein
shall have the meaning ascribed to each in the Lease, as previously amended. Notwithstanding anything herein to the contrary, the provisions of this Amendment shall be effective as of April 1, 2010. 
 2. The Suite 800 Lease is hereby terminated, provided that Tenant shall continue to lease Suite 800, Suite CS02 and Suite NMR1 without
interruption pursuant to the Lease, as amended herein. 
 3. Section 1.(c) is revised to provide that the Premises shall
mean Suite 202, consisting of approximately 11,542 rentable square feet, Suite 800 consisting of approximately 19,540 rentable square feet (which includes a non-contiguous mechanical room of 333 rentable square feet), Suite CS02 consisting of
approximately 223 rentable square feet, and Suite NMR1 consisting of approximately 495 rentable square feet. Tenant acknowledges and agrees that the rentable square footage of all of the suites comprising the Premises have been revised based on
recent remeasurements. Section 1.(c) is also revised to provide that the “Rentable Square Footage of the Premises” is deemed to be 31,800 square feet in the aggregate, subject to the right of remeasurement as set forth in
Section 2(c). Exhibit A of the Lease is hereby deleted and replaced with Exhibit A attached hereto, which includes all four suites that constitute the Premises. 
 4. Section 1.(d) is hereby revised to provide that the Base Rent for the Term (as extended below) shall be as follows: 
  

										
	 Period
	  	Rent Per RSF	  	Annual Base Rent	  	Monthly Installments
	 04/01/10 – 03/31/12
	  	$	18.07	  	$	574,626.00	  	$	47,885.50
	 04/01/12 – 03/31/14
	  	$	19.07	  	$	606,426.00	  	$	50,535.50
	 04/01/14 – 03/31/16
	  	$	20.07	  	$	638,226.00	  	$	53,185.50
	 04/01/16 – 03/31/17
	  	$	21.07	  	$	670,026.00	  	$	55,835.50

 5.
Section 1.(e) is revised such that Lease Year 8 shall be deemed to end on March 31, 2010, and each subsequent Lease Year shall mean the 12 month period thereafter. 
 6. Section 1.(f) is revised such that Tenant’s Pro Rata Share is 6.13%. 
 7. Section 1.(g) is revised such that the Term shall end on March 31, 2017. 
 8. Section 1.(j) is revised such that the Termination Date is March 31, 2017. 
  

 2 

 9. Section 1.(l) is revised such that the Security Deposit is $152,500.00. The
provisions of Section 6(b) are hereby deleted. 
 10. Section 1.(o) is revised such that the
Permitted Use shall include the right of Tenant to use Suite NMR1 as a nuclear magnetic resonance facility. Isotopes that have been approved by Landlord for use in Suite NMR1 are 32P, 33P, 14C, 3H, 35S and 125I. Tenant agrees that included in the Closure Obligation under Section 32(b) is the obligation to decommission
and close all areas of the Premises (i) so as to render the Premises suitable for “Unrestricted Use” as defined in and within the meaning of Subpart E of 10 CFR 20 and all other applicable Laws, and (ii) in accordance with
the Laboratory Decommissioning Standard ANSI/AIHA Z9.11 latest edition (“Z9.11”), assuming that the next use of the laboratory space shall be for general office or other unrestricted commercial purposes. Tenant shall provide to
Landlord a termination letter from the Nuclear Regulatory Commission or delegated state evidencing release of the Premises and the Building for Unrestricted Use, and an investigation report or an investigation/decontamination report that contains a
written statement of “acceptable level of risk” (as such term is used in Z9.11) prepared by a Certified Industrial Hygienist that demonstrates compliance with Z9.11, in addition to the documentation required to demonstrate proper closure
of all hazardous waste storage areas at the Premises. 
 11. Section 1.(p) is revised such that the Rent shall be payable
to the order of WE George Street, L.L.C. at c/o Winstanley Enterprises LLC, 150 Baker Avenue Extension, Suite 303, Concord, Massachusetts 01742. 
 12. Tenant acknowledges and agrees that the Grandfathered cfm Level and the Grandfathered wsf Level shall only apply to Initial Suite 202. 
 13. Landlord, at its expense, at any time during the Term, may relocate Tenant from Suite NMR1 and/or Suite CS02 to reasonably comparable
space (“Relocation Space”) within the Building without Tenant’s consent but with not less than 60 days’ prior written notice to Tenant. In order for any Relocation Space to be deemed “reasonably comparable space”
it must have a reasonably comparable layout, have substantially the same utility to Tenant (given Tenant’s particular use of the particular suite) and have no material effect on Tenant’s ability to conduct its activities in that suite.
Landlord shall, at its cost, build out the Relocation Space so that its build out is substantially the same as the original suite. Such build out shall be completed prior to Tenant having to move to the Relocation Space. From and after the date of
the relocation, the “Premises” shall include the Relocation Space into which Tenant has been moved and shall not include the space from which Tenant has been moved, and the Base Rent and Tenant’s Pro Rata Share shall be adjusted based
on the rentable square footage of the Relocation Space. Landlord shall pay Tenant’s reasonable costs for moving to the Relocation Space, including without limitation the cost of moving Tenant’s furniture and equipment. 
 14. Landlord hereby grants Tenant an allowance of $100,000.00 (the “Allowance”) for Alterations to the Premises to be
performed by Tenant pursuant to the provisions of Section 9(c) and other applicable provisions of the Lease. Payment of the Allowance for the Alterations shall be made in accordance with the provisions set forth in Exhibit B
attached hereto and made a part hereof. 
  

 3 

 15. Landlord may in the future enter into one or more environmental use restrictions (the
“ELUR”) as defined and described in Section 22a-133k and Sections 22a-133n through 22a-133s inclusive of the Connecticut General Statutes and their associated regulations (as such statutes and/or regulations may be amended or
replaced from time to time) in connection with the investigation and/or remediation of the environmental condition of the Property which ELUR shall restrict the use of the Property to commercial/industrial use and which shall prohibit demolition of
the Building. Tenant agrees that the Lease and Tenant’s leasehold estate therein shall be automatically and irrevocably subject to and subordinate to the ELUR at such time as the ELUR (or any modification) is recorded on the New Haven Land
Records. Landlord shall, on request of Tenant, make a copy of the ELUR available to Tenant. Notwithstanding the foregoing, Tenant agrees at the request of Landlord to execute and deliver, at no cost to Landlord, an instrument in recordable form
confirming the foregoing subordination. Failure of Tenant to execute and deliver such subordination within 10 days after Landlord’s request shall constitute a default under the Lease. 
 16. Landlord and Tenant represent and warrant to the other that each has full authority to enter into this Amendment and further agree to
hold harmless, defend, and indemnify the other from any loss, costs (including reasonable attorneys’ fees), damages, or claim arising from any lack of such authority. 
 17. As modified herein, the Lease is hereby ratified and confirmed and shall remain in full force and effect. 
 18. Landlord and Tenant hereby represent and warrant to the other that each has not dealt with any broker, finder or like agent in
connection with this Amendment and each does hereby agree to indemnify and hold the other, its agents and their officers, directors, shareholders, members, partners and employees, harmless of and from any claim of, or liability to, any broker,
finder or like agent claiming a commission or fee by reason of having dealt with either party in connection with the negotiation, execution or delivery of this Amendment, and all expenses related thereto, including, without limitation, reasonable
attorneys’ fees and disbursements. 
 19. This Amendment constitutes the entire agreement by and between the parties hereto
and supersedes any and all previous agreements, written or oral, between the parties. No modification or amendment of this Amendment shall be effective unless the same shall be in writing and signed by the parties hereto. The provisions of this
Amendment shall inure to the benefit of, and be binding upon, the parties hereto and their respective legal representatives, successors and assigns. 
 20. This Amendment may be executed in any number of counterparts, each of which shall be deemed to be an original, and all of such counterparts shall constitute one agreement. This Amendment shall become
effective when duly executed and delivered by all parties hereto. 
 (Signatures on following page) 
  

 4 

 IN WITNESS WHEREOF, Landlord and Tenant have signed this Amendment No. 2 to
Lease as of the day and year first above written. 
  

											
	WE GEORGE STREET, L.L.C.
		
	By:	 	 WE George Street Holdings LLC
 Its Manager

			
		 	By:	 	 WE George Street Manager Corp.
 Its Managing Member

				
		 		 	By:	 	/s/ Carter Winstanley
		 		 		 	 Carter J. Winstanley
 Its President

	
	ACHILLION PHARMACEUTICALS, INC.
		
	By:	 	/s/ Mary Kay Fenton
		 	 Mary Kay Fenton
 Chief Financial Officer

  

 5 

 EXHIBIT A 
 PREMISES 

 

 

 

 

 

 

 

 

 EXHIBIT B 
 PAYMENT OF ALLOWANCE 
 A. Landlord agrees to
contribute the Allowance to be applied toward the cost of the Alterations. The Allowance shall be used only for: 
 (1) Soft
costs, including, without limitation, payment of the cost of preparing any initial space plan and the final working drawings and specifications, including mechanical, electrical, plumbing and structural drawings and of all other aspects of
Tenant’s plans. 
 (2) The payment of plan check, permit and license fees relating to construction of the Alterations.

 (3) Construction of Alterations, including, without limitation, the following: 
 (a) Installation within the Premises of all partitioning, doors, floor coverings, ceilings, wall coverings and painting, millwork and
similar items. 
 (b) All electrical wiring, lighting fixtures, outlets and switches, and other electrical work to be installed
within the Premises. 
 (c) All additional Tenant requirements including, but not limited to, heating, ventilation and air
conditioning, plumbing systems and other systems. 
 (d) All fire and life protection systems such as fire walls, alarms and
accessories, safety control systems, sprinklers and fire piping, and wiring installed within the Premises. 
 (e) All plumbing
fixtures, pipes and accessories to be installed within the Premises. 
 (f) Testing and inspection costs. 
 (g) Contractor’s fees, including, but not limited to, any fees based on general conditions. 
 (h) Architectural, engineering and energy management services. 
 (i) Installation of check meters or submeters for all utilities serving the Premises that are required to be separately metered.

 B. Upon completion of each third of the Alterations that will be reimbursed using the Allowance, Tenant shall submit to
Landlord an application for payment (less the amount of the standard retainage), which shall be signed by Tenant’s general contractor and the architect, for the portion of the work completed, together with the following information: 

(1) A copy of a receipted invoice or other evidence reasonably satisfactory to Landlord of the payment by Tenant to Tenant’s
contractor(s) for the work performed in connection with the prior application for payment (not applicable to the first application for payment). 

 (2) Lien waivers from all parties supplying labor or material in connection with the
Alterations, in form reasonably acceptable to Landlord, which waiver may be conditioned only upon payment of work covered by the application for payment. 
 (3) A copy of the final Certificate of Occupancy or other final communication or approval issued by the building department or other appropriate governmental authority having jurisdiction regarding the
Alterations (not applicable except for the last application for payment). 
 C. The approved cost of the performance of the
Alterations shall be charged against the Allowance. Landlord and Tenant acknowledge that the cost of installing the Alterations may exceed the Allowance. The amount by which the cost of the Alterations exceeds the Allowance is referred to as the
“Excess Cost”. 
 D. In no event shall the Allowance be used for the purchase of equipment, furniture or other
items of personal property of Tenant. In the event the entire Allowance is not utilized or disbursed, any unused amount shall accrue to the sole benefit of Landlord, it being understood that Tenant shall not be entitled to any credit, abatement or
other concession in connection therewith. Tenant shall be responsible for all applicable state sales or use taxes, if any, payable in connection with the Alterations, Allowance and/or Excess Cost.Amendment No. 15 to Loan and Security Agreement

 Exhibit 10.1 
 [Execution] 
 AMENDMENT NO. 15 TO LOAN AND SECURITY
AGREEMENT 
 AMENDMENT NO. 15 TO LOAN AND SECURITY AGREEMENT, dated as of March 31, 2010 (this “Amendment
No. 15”), entered into by and among Wachovia Bank, National Association, successor by merger to Congress Financial Corporation (Florida), in its capacity as agent acting for and on behalf of the parties to the Loan Agreement (as
hereinafter defined) as lenders (in such capacity, “Agent”), the parties to the Loan Agreement as lenders (individually a “Lender” and collectively, “Lenders”), Supreme International, LLC, a Delaware limited liability
company formerly known as Supreme International, Inc. (“Supreme”), Jantzen, LLC, a Delaware limited liability company formerly known as Jantzen, Inc. (“Jantzen”), Perry Ellis Menswear, LLC, a Delaware limited liability company
formerly known as Perry Ellis Menswear, Inc. (“Perry Ellis Menswear”), Perry Ellis Europe Limited, a private limited company incorporated in England and Wales formerly known as Farah Manufacturing (U.K.) Limited (“Perry Europe”),
Salant Holding, LLC, a Delaware limited liability company formerly known as Salant Holding Corporation (“Salant Holding” and together with Supreme, Jantzen, Perry Europe and Perry Ellis Menswear, each individually “Borrower” and
collectively, “Borrowers”), Perry Ellis International, Inc., a Florida corporation (“Parent”), PEI Licensing, Inc., a Delaware corporation (“PEI Licensing”), Jantzen Apparel, LLC, a Delaware limited liability company
formerly known as Jantzen Apparel Corp. (“Jantzen Apparel”), Supreme Real Estate I, LLC, a Florida limited liability company (“Supreme I”), Supreme Real Estate II, LLC, a Florida limited liability company (“Supreme
II”), Supreme Realty, LLC, a Florida limited liability company (“Supreme Realty”), Supreme Munsingwear Canada Inc., a Canada corporation (“Supreme Canada”), Perry Ellis Shared Services Corporation, a Delaware corporation
(“PE Shared Services”), Winnsboro DC, LLC, a Delaware limited liability company (“Winnsboro”), Tampa DC, LLC, a Delaware limited liability company (“Tampa DC”), Perry Ellis International Group Holdings Limited, a
private company incorporated under the laws of Ireland having its principal place of business in the Bahamas (“Group Holdings”) and Perry Ellis Real Estate, LLC, a Delaware limited liability company formerly known as Perry Ellis Real
Estate Corporation (“PE Real Estate” and, together, with Parent, PEI Licensing, Jantzen Apparel, Supreme I, Supreme II, Supreme Realty, Group Holdings, PE Shared Services, Winnsboro, Tampa DC, and Supreme Canada, each individually a
“Guarantor” and collectively, “Guarantors”). 
 W I T N E S
S E T H : 
 WHEREAS, Agent, Lenders, Borrowers and Guarantors have entered into financing
arrangements pursuant to which Lenders (or Agent on behalf of Lenders) have made and may make loans and advances and provide other financial accommodations to Borrowers as set forth in the Loan and Security Agreement, dated October 1, 2002, by
and among Agent, Lenders, Borrowers and Guarantors, as amended by Amendment No. 1 to Loan and Security Agreement,

 
dated June 19, 2003, Amendment No. 2 to Loan and Security Agreement, dated September 22, 2003, Amendment No. 3 to Loan and Security Agreement, dated December 1, 2003,
Amendment No. 4 to Loan and Security Agreement, dated February 25, 2004, Amendment No. 5 to Loan and Security Agreement, dated July 1, 2004, Amendment No. 6 to Loan and Security Agreement, dated as of September 30,
2004, Amendment No. 7 to Loan and Security Agreement, dated as of February 26, 2005, Amendment No. 8 to Loan and Security Agreement, dated as of September 30, 2005, Amendment No. 9 to Loan and Security Agreement, dated as of
February 24, 2006, Amendment No. 10 to Loan and Security Agreement, dated as of August 28, 2006, Amendment No 11 to Loan and Security Agreement, dated as of November 29, 2006, Amendment No. 12 and Consent to Loan and
Security Agreement, dated as of December 6, 2006, Amendment No. 13 to Loan and Security Agreement, dated as of October 30, 2008 and Amendment No. 14 to Loan and Security Agreement, dated as of October 27, 2009 (as the same
may hereafter be further amended, modified, supplemented, extended, renewed, restated or replaced, the “Loan Agreement”, and together with all agreements, documents and instruments at any time executed and/or delivered in connection
therewith or related thereto, as from time to time amended, modified, supplemented, extended, renewed, restated, or replaced, collectively, the “Financing Agreements”); 
 WHEREAS, Borrowers and Guarantors have requested that Agent and Lenders agree to make certain amendments to the Loan Agreement, and Agent
and Lenders are willing to agree to such amendments, subject to the terms and conditions set forth in this Amendment No. 15; and 
 WHEREAS, by this Amendment No. 15, Agent, Lenders, Borrowers and Guarantors desire and intend to evidence such amendments; 
 NOW, THEREFORE, in consideration of the foregoing, the mutual agreements and covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows: 
 1. Definitions. 
 (a) Additional Definitions. 
 (i) “Amendment No. 15” shall mean Amendment No. 15 to Loan and Security Agreement, dated as of March 31, 2010, by and among Agent, Lenders, Borrowers and Guarantors. 

(ii) “Amendment No. 15 Effective Date” shall mean the first date on which all of the conditions precedent to the
effectiveness of Amendment No. 15 shall have been satisfied and/or waived. 
 (iii) “Bank of America” shall mean
Bank of America, N.A. and its successors and assigns. 
 (iv) “PrimeRevenue” shall mean PrimeRevenue, Inc. and its
successors and assigns. 
  

 2 

 (v) “Prime Revenue Program Documents” shall mean the (A) Accounts Receivable
Purchase Agreement, by and among Bank of America, Jantzen, Supreme, Perry Ellis Menswear and Salant Holding, (B) Supplier Agreement, by and among Jantzen, Supreme, Salant Holding, Perry Ellis Menswear and PrimeRevenue, (C) Release of
Certain Accounts Receivable, dated March 31, 2010, by Agent in favor of Bank of America and (D) all other agreements, documents and instruments executed and/or delivered in connection with the foregoing. 
 (b) Interpretation. For purposes of this Amendment No. 15, unless otherwise defined herein, all capitalized terms used herein
which are defined in the Loan Agreement shall have the meanings given to such terms in the Loan Agreement. 
 2. Eligible
Accounts. Notwithstanding anything to the contrary in the Loan Agreement, no Account of any Borrower or Guarantor in respect of which Kohl’s Corporation (“Kohl’s”) is the account debtor (each a “Kohl’s Account”
and collectively, the “Kohl’s Accounts”) shall be deemed to constitute “Eligible Accounts”, except to the extent that Agent may determine in its sole discretion that such Kohl’s Accounts meet the criteria for
“Eligible Accounts” set forth in the Loan Agreement. 
 3. Kohl’s Accounts. Section 5 of the Loan
Agreement is hereby amended to include the following additional Section 5.3: 
 “5.3 Kohl’s Accounts.

 (a) Each Borrower and Guarantor hereby acknowledges and agrees that with respect to the sale of any Kohl’s Accounts by or
on behalf of any Borrower to Bank of America, effective upon the purchase by Bank of America of such Account (each such Kohl’s Account, a “Purchased Account”), the security interest of Agent and Lenders in such Purchased Account shall
be deemed automatically released by Agent and Lenders without any further action by Agent and Lenders, and Agent and Lenders agree to take such further actions as may be reasonably requested by Bank of America to further effectuate or evidence such
release. 
 (b) Each Borrower and Guarantor hereby acknowledges and agrees that, to the extent that any Borrower or Guarantor
repurchases any of the Purchased Accounts from Bank of America, (i) the first priority perfected security interest and lien of Agent and Lenders therein shall automatically attach thereto, (ii) all Purchased Accounts so repurchased shall
constitute Collateral and (iii) such Purchased Accounts so repurchased shall not constitute Eligible Accounts.” 
  

 3 

 4. Sales of Assets. Section 9.7(b) of the Loan Agreement is hereby amended to
include the following additional section (xi): 
 “and (xi) the sale, pursuant to the Prime Revenue Program Documents
as in effect on the date hereof, from time to time, of Accounts owing to any Borrower by Kohl’s; provided, that, (A) all amounts payable by Bank of America to any Borrower or Guarantor under the Prime Revenue Program
Documents shall be paid to a cash management account subject to a Deposit Account Control Agreement for application to the Obligations in accordance with Section 6.4 hereof and (B) the Prime Revenue Program Documents shall be in full force
and effect and each Borrower or Guarantor party thereto shall be in compliance with the material terms and conditions thereof and no breach of such terms or default or event of default thereunder shall exist or have occurred.” 
 5. Prime Revenue Program Documents. Section 9 of the Loan Agreement is hereby amended to include the following additional
Section 9.21: 
 “9.21 Prime Revenue Program Documents. Borrowers and Guarantors shall not agree to any
amendment, waiver, or other modification to any of the Prime Revenue Program Documents without the prior written consent of Agent. Borrowers shall furnish Agent all materials notices or demands in connection with the Prime Revenue Program Documents
received by any Borrower or Guarantor or on its behalf, promptly after the receipt thereof, or sent by any Borrower or Guarantor or on its behalf, concurrently with the sending thereof, as the case may be.” 
 6. Reporting. Borrowers and Guarantors agree that together with each delivery of a Borrowing Base Certificate to Agent pursuant to
the terms of the Loan Agreement, Borrowers shall report all Kohl’s Accounts offered for sale pursuant to the Prime Revenue Program Documents and such other information regarding such Kohl’s Accounts as Agent may reasonably request from
time to time. 
 7. Representations, Warranties and Covenants. Borrowers and Guarantors, jointly and severally,
represent, warrant and covenant with and to Agent and Lenders as follows, which representations, warranties and covenants shall survive the execution and delivery hereof: 
 (a) this Amendment No. 15 and all other documents, agreements and instruments executed by any Borrower or Guarantor in connection herewith (together with this Amendment No. 15, the
“Amendment Documents”) have been duly authorized, executed and delivered by all necessary action on the part of each Borrower and Guarantor which is a party hereto and, if necessary, their respective stockholders, and are in full force and
effect as of the date hereof, and the agreements and obligations of Borrowers and Guarantors contained herein and therein constitute legal, valid and binding obligations of Borrowers and Guarantors enforceable against them in accordance with their
terms except as such enforceability may be limited by (i) bankruptcy, insolvency, reorganization, moratorium or similar laws of general applicability affecting the enforcement of creditors’ rights and (ii) the application of general
principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law); 
  

 4 

 (b) neither the Amendment Documents nor any of the Prime Revenue Program Documents nor the
transactions contemplated thereby are in contravention of any applicable law, or the terms of any agreement to which any Borrower or Guarantor is a party or by which any property of any Borrower or Guarantor is bound; and 
 (c) as of the date hereof, no Default or Event of Default exists or has occurred and is continuing. 
 8. Conditions Precedent. The terms and provisions of this Amendment No. 15 shall only be effective upon the satisfaction of each
of the following conditions precedent in a manner satisfactory to Agent: 
 (a) Agent shall have received executed counterparts
of this Amendment No. 15, duly authorized, executed and delivered by Borrowers and Guarantors and such Lenders as are required under the Loan Agreement to approve the transactions contemplated by this Amendment No. 15; 
 (b) Agent shall have received true, correct and complete executed copies of each of the Prime Revenue Program Documents in form and
substance satisfactory to Agent, the receipt of each of which, in satisfactory form, is hereby acknowledged by Agent; and 
 (c)
No Default or Event of Default shall exist or have occurred and be continuing. 
 9. Effect of this Amendment. This
Amendment No. 15 and the other Amendment Documents constitute the entire agreement of the parties with respect to the subject matter hereof and thereof, and supersede all prior oral or written communications, memoranda, proposals, negotiations,
discussions, term sheets and commitments with respect to the subject matter hereof and thereof. Except as expressly provided herein, no other changes or modifications to the Financing Agreements are intended or implied, and in all other respects the
Financing Agreements are hereby specifically ratified, restated and confirmed by all parties hereto as of the effective date hereof. To the extent that any provision of the Loan Agreement or any of the other Financing Agreements are inconsistent
with the provisions of this Amendment No. 15, the provisions of this Amendment No. 15 shall control. 
 10. Further
Assurances. Each Borrower and Guarantor shall execute and deliver such additional documents and take such additional action as may be reasonably requested by Agent to effectuate the provisions and purposes of this Amendment No. 15.

 11. Release of Claims. No Borrower or Guarantor has any actual or potential claim or cause of action against Agent or
any Lender with respect to any matters relating to the Financing Agreements and related transactions through the date hereof, and hereby waives and releases any right to assert same. 
  

 5 

 12. Governing Law. The rights and obligations hereunder of each of the parties hereto
shall be governed by and interpreted and determined in accordance with the internal laws of the State of Florida (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 State of Florida). 
 13. Binding Effect. This Amendment No. 15 shall be binding upon and
inure to the benefit of each of the parties hereto and their respective successors and assigns. 
 14. Counterparts. This
Amendment No. 15 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 Amendment No. 15, it shall not be necessary to produce or
account for more than one counterpart thereof signed by each of the parties hereto. Delivery of an executed counterpart of this Amendment No. 15 by telecopier or other method of electronic transmission shall have the same force and effect as
delivery of an original executed counterpart of this Amendment No. 15. Any party delivering an executed counterpart of this Amendment No. 15 by telecopier or other method of electronic transmission also shall deliver an original executed
counterpart of this Amendment No. 15, but the failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Amendment No. 15 as to such party or any other party. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 
  

 6 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 15 to be duly
executed and delivered by their authorized officers as of the day and year first above written. 
  

			
	SUPREME INTERNATIONAL, LLC,
	formerly known as Supreme International, Inc.
		
	By:	 	Perry Ellis International, Inc.,
		 	its Managing Member
		
	By:	 	 /s/ Cory Shade

	Title:	 	 General Counsel

	
	 JANTZEN, LLC,
 formerly known as Jantzen, Inc.

		
	By:	 	Perry Ellis International, Inc.,
		 	its Managing Member
		
	By:	 	 /s/ Cory Shade

	Title:	 	 General Counsel

	
	 PERRY ELLIS MENSWEAR, LLC,
 formerly known as Perry Ellis Menswear, Inc.

		
	By:	 	Perry Ellis International, Inc.,
		 	its Managing Member
		
	By:	 	 /s/ Cory Shade

	Title:	 	 General Counsel

	
	 SALANT HOLDING, LLC,
 formerly known as Salant Holding Corporation

		
	By:	 	Perry Ellis International, Inc.,
		 	its Managing Member
		
	By:	 	 /s/ Cory Shade

	Title:	 	 General Counsel

  

 Signature Page to Amendment No. 15 

 [SIGNATURES CONTINUED FROM PRECEDING PAGE] 
  

			
	 PERRY ELLIS EUROPE LIMITED,
 formerly known as Farah Manufacturing (U.K.) Limited

		
	By:	 	 /s/ David Ward

	Title:	 	 European Managing Director

	
	PERRY ELLIS INTERNATIONAL GROUP HOLDINGS LIMITED
		
	By:	 	 /s/ Cory Shade

	Title:	 	 Director

	
	PERRY ELLIS INTERNATIONAL, INC.
		
	By:	 	 /s/ Cory Shade

	Title:	 	 General Counsel

	
	PEI LICENSING, INC.
		
	By:	 	 /s/ Geri Mankoff

	Title:	 	 Secretary

	
	SUPREME MUNSINGWEAR CANADA, INC.
		
	By:	 	 /s/ Cory Shade

	Title:	 	 Secretary

 [SIGNATURES CONTINUE ON FOLLOWING PAGE] 
  

 Signature Page to Amendment No. 15 

 [SIGNATURES CONTINUED FROM PRECEDING PAGE] 
  

			
	JANTZEN APPAREL, LLC,
	formerly known as Jantzen Apparel Corp.
		
	By:	 	PEI Licensing, Inc.,
		 	its Managing Member
		
	By:	 	 /s/ Geri Mankoff

	Title:	 	 Secretary

	
	SUPREME REAL ESTATE I, LLC
		
	By:	 	Supreme International, LLC,
		 	its sole member
	By:	 	Perry Ellis International, Inc.,
		 	its sole member
		
	By:	 	 /s/ Cory Shade

	Title:	 	 General Counsel

	
	SUPREME REAL ESTATE II, LLC
		
	By:	 	Supreme International, LLC,
		 	its sole member
	By:	 	Perry Ellis International, Inc.,
		 	its sole member
		
	By:	 	 /s/ Cory Shade

	Title:	 	 General Counsel

	
	SUPREME REALTY, LLC
		
	By:	 	Supreme Real Estate I, LLC
	By:	 	Supreme International, LLC,
		 	its sole member
	By:	 	Perry Ellis International, Inc.,
		 	its sole member
		
	By:	 	 /s/ Cory Shade

	Title:	 	 General Counsel

		
	and	 	
		
	By:	 	Supreme Real Estate II, LLC
	By:	 	Supreme International, LLC,
		 	its sole member
	By:	 	Perry Ellis International, Inc.,
		 	its sole member
		
	By:	 	 /s/ Cory Shade

	Title:	 	 General Counsel

 [SIGNATURES CONTINUE ON FOLLOWING PAGE] 
  

 Signature Page to Amendment No. 15 

 [SIGNATURES CONTINUED FROM PRECEDING PAGE] 
  

			
	PERRY ELLIS SHARED SERVICES
	CORPORATION
		
	By:	 	 /s/ Cory Shade

	Title:	 	 Secretary

	
	WINNSBORO DC, LLC
		
	By:	 	Perry Ellis International, Inc.,
		 	its Managing Member
		
	By:	 	 /s/ Cory Shade

	Title:	 	 General Counsel

	
	TAMPA DC, LLC
		
	By:	 	Perry Ellis International, Inc.,
		 	its Managing Member
		
	By:	 	 /s/ Cory Shade

	Title:	 	 General Counsel

	
	 PERRY ELLIS REAL ESTATE, LLC,
 formerly known as Perry Ellis Real Estate Corporation

		
	By:	 	Perry Ellis International, Inc.,
		 	its Managing Member
		
	By:	 	 /s/ Cory Shade

	Title:	 	 General Counsel

 [SIGNATURES CONTINUE ON FOLLOWING PAGE] 
  

 Signature Page to Amendment No. 15 

 [SIGNATURES CONTINUED FROM PRECEDING PAGE] 
  

			
	AGREED:
	 WACHOVIA BANK, NATIONAL ASSOCIATION,
 successor by merger to Congress Financial Corporation (Florida), as Agent and a Lender

		
	By:	 	 /s/ Thomas A. Martin

	Title:	 	 Director

	
	BANK OF AMERICA, N.A., as Syndication Agent and a Lender
		
	By:	 	 Sean Schumacher

	Title:	 	 Assistant Vice President

	
	THE CIT GROUP/COMMERCIAL SERVICES, INC.
		
	By:	 	 /s/ William H. Skidmore

	Title:	 	 Vice President

	
	ISRAEL DISCOUNT BANK OF NEW YORK
		
	By:	 	 /s/ Roger Arsham

	Title:	 	 Senior Vice President

		
	By:	 	 /s/ Christopher Meade

	Title:	 	 Vice President

 [SIGNATURES CONTINUE ON FOLLOWING PAGE] 
  

 Signature Page to Amendment No. 15 

 [SIGNATURES CONTINUED FROM PRECEDING PAGE] 
  

			
	HSBC BANK USA, NATIONAL ASSOCIATION
		
	By:	 	 /s/ Shawn Alexander

	Title:	 	 Vice President

	
	HSBC BUSINESS CREDIT (USA) INC.
		
	By:	 	 /s/ Thomas Getty

	Title:	 	 Vice President

  

 Signature Page to Amendment No. 15

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00171-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00171-of-00352.parquet"}]]