Document:

EXHIBIT 10.2

 

AMENDED AND RESTATED REVOLVING NOTE

 

	$24,000,000	October 10, 2013

 

FOR VALUE RECEIVED,
the undersigned, Frederick’s of Hollywood Group Inc., a New York corporation (“Group”), FOH Holdings,
Inc., a Delaware corporation (“Parent”), Frederick’s of Hollywood Inc., a Delaware corporation (“Frederick’s”),
Frederick’s of Hollywood Stores, Inc., a Nevada corporation (“Stores”), and Hollywood Mail Order, LLC,
a Nevada limited liability company (“Mail Order” and together with Group, Parent, Frederick’s and Stores,
individually, each individually a “Borrower”, and collectively, the “Borrowers”), hereby
jointly and severally promise to pay to the order of Salus CLO 2012-1, Ltd. (“Lender”), on the Termination Date
described in the Credit and Security Agreement, dated as May 31, 2012 (as amended, restated, supplemented or otherwise modified
from time to time, the “Credit Agreement”) and entered into between Borrowers, Lender and the other lenders
party thereto, at Salus Capital Partners, LLC’s office at 197 First Avenue, Suite 250, Needham, MA 02494, or at any other
place designated at any time by the Lender, in lawful money of the United States of America and in immediately available funds,
the principal sum of TWENTY FOUR MILLION AND NO/100 DOLLARS ($24,000,000) or the aggregate unpaid principal amount of all Advances
(other than the Tranche A-2 Advance) (each as defined in the Credit Agreement), whichever is less, on such date or dates as are
required by the Credit Agreement, and to pay interest on the unpaid principal amount from time to time outstanding hereunder, in
like money, at such office at the rates and at such times as are set forth in the Credit Agreement. This Revolving Note may be
prepaid only in accordance with the Credit Agreement.

 

This Revolving Note
is one of the Revolving Notes referred to in the Credit Agreement, and is subject to the terms of the Credit Agreement, which provides,
among other things, for the acceleration of this Revolving Note. This Revolving Note is secured, among other things, by the Credit
Agreement and the Security Documents as defined in the Credit Agreement, and by any other security agreements, mortgages, deeds
of trust, assignments or other instruments or agreements that may subsequently be given for good and valuable consideration as
security for this Revolving Note.

 

Presentment or other
demand for payment, notice of dishonor and protest are expressly waived.

 

This Revolving Note
amends, restates and replaces that certain Revolving Note dated as of May 31, 2012 by the Borrowers payable to the Lender in the
original principal amount of $24,000,000 (the “Original Note”). Upon the Lender’s acceptance of this Revolving
Note, the Original Note shall be deemed cancelled and of no further force and effect.

 

THIS REVOLVING NOTE
SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE SUBSTANTIVE LAWS (OTHER THAN CONFLICT LAWS) OF THE STATE OF NEW YORK.

 

[SIGNATURES APPEAR ON FOLLOWING PAGE]

 

    	 

    	 

    

 

IN WITNESS WHEREOF, each of the
Borrowers has caused this Amended and Restated Revolving Note to be executed and delivered by its duly authorized officer on the
date first above written.

 

	 	FREDERICK’S OF HOLLYWOOD GROUP INC.
	 	 
	 	By:	/s/ Thomas Rende
	 	 	Thomas Rende
	 	 	Chief Financial Officer

 

	 	FOH HOLDINGS, INC.
	 	 
	 	By:	/s/ Thomas Rende
	 	 	Thomas Rende
	 	 	Chief Financial Officer

 

	 	FREDERICK’S OF HOLLYWOOD, INC.
	 	 
	 	By:	/s/ Thomas Rende
	 	 	Thomas Rende
	 	 	Chief Financial Officer

 

	 	FREDERICK’S OF HOLLYWOOD STORES, INC.
	 	 
	 	By:	/s/ Thomas Rende
	 	 	Thomas Rende
	 	 	Chief Financial Officer

 

	 	HOLLYWOOD MAIL ORDER, LLC
	 	 
	 	By:	/s/ Thomas Rende
	 	 	Thomas Rende
	 	 	Chief Financial Officer

 

[Amended and Restated Revolving Note]EXHIBIT 10.3

PROMISSORY NOTE

 

	$5,000,000	October 10, 2013

 

FOR VALUE RECEIVED,
the undersigned, Frederick’s of Hollywood Group Inc., a New York corporation (“Group”), FOH Holdings,
Inc., a Delaware corporation (“Parent”), Frederick’s of Hollywood Inc., a Delaware corporation (“Frederick’s”),
Frederick’s of Hollywood Stores, Inc., a Nevada corporation (“Stores”), and Hollywood Mail Order, LLC,
a Nevada limited liability company (“Mail Order” and together with Group, Parent, Frederick’s and Stores,
individually, each individually a “Borrower”, and collectively, the “Borrowers”), hereby
jointly and severally promise to pay to the order of Salus Capital Partners, LLC (“Lender”), on the Initial
Tranche A-2 Advance Repayment Date described in the Credit and Security Agreement, dated as May 31, 2012 (as amended, restated,
supplemented or otherwise modified from time to time, the “Credit Agreement”) and entered into between Borrowers,
Lender and the other lenders party thereto, at Lender’s office at 197 First Avenue, Suite 250, Needham, MA 02494, or at any
other place designated at any time by the Lender, in lawful money of the United States of America and in immediately available
funds, the principal sum of FIVE MILLION AND NO/100 DOLLARS ($5,000,000) or the aggregate unpaid principal amount of the Tranche
A-2 Advance (as defined in the Credit Agreement), whichever is less, on such date or dates as are required by the Credit Agreement,
and to pay interest on the unpaid principal amount from time to time outstanding hereunder, in like money, at such office at the
rates and at such times as are set forth in the Credit Agreement. This Note may be prepaid only in accordance with the Credit Agreement.

 

This Note is subject
to the terms of the Credit Agreement, which provides, among other things, for the acceleration of this Note. This Note is secured,
among other things, by the Credit Agreement and the Security Documents as defined in the Credit Agreement, and by any other security
agreements, mortgages, deeds of trust, assignments or other instruments or agreements that may subsequently be given for good and
valuable consideration as security for this Note.

 

Presentment or other
demand for payment, notice of dishonor and protest are expressly waived.

 

THIS NOTE SHALL BE
GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE SUBSTANTIVE LAWS (OTHER THAN CONFLICT LAWS) OF THE STATE OF NEW YORK.

 

[SIGNATURES APPEAR ON FOLLOWING PAGE]

 

    	 

    	 

    

 

IN WITNESS WHEREOF, each of the
Borrowers has caused this Note to be executed and delivered by its duly authorized officer on the date first above written.

 

	 	FREDERICK’S OF HOLLYWOOD GROUP INC.
	 	 
	 	By:	/s/ Thomas Rende
	 	 	Thomas Rende
	 	 	Chief Financial Officer
	 	 
	 	FOH HOLDINGS, INC.
	 	 
	 	By:	/s/ Thomas Rende
	 	 	Thomas Rende
	 	 	Chief Financial Officer
	 	 
	 	FREDERICK’S OF HOLLYWOOD, INC.
	 	 
	 	By:	/s/ Thomas Rende
	 	 	Thomas Rende
	 	 	Chief Financial Officer
	 	 
	 	FREDERICK’S OF HOLLYWOOD STORES, INC.
	 	 
	 	By:	 /s/ Thomas Rende
	 	 	Thomas Rende
	 	 	Chief Financial Officer
	 	 
	 	HOLLYWOOD MAIL ORDER, LLC
	 	 
	 	By:	/s/ Thomas Rende
	 	 	Thomas Rende
	 	 	Chief Financial Officer

 

[Tranche A-2 Advance Note]EXHIBIT 10.4

 

 

October 10, 2013

 

Frederick’s of Hollywood Group Inc.

and each of the other Borrowers referenced below

6255 Sunset Boulevard, 6th Floor

Hollywood, CA 9008

Attention: Thomas Rende

 

Re:     Supplemental
Fee Letter

 

Ladies and Gentlemen:

 

Reference is made to (i) that certain Credit
and Security Agreement, dated as of May 31, 2012, by and among Frederick’s of Hollywood Group Inc., a New York corporation
(“Group”), FOH Holdings, Inc., a Delaware corporation (“Parent”), Frederick’s of Hollywood,
Inc., a Delaware corporation (“Frederick’s”), Frederick’s of Hollywood Stores, Inc., a Nevada corporation
(“Stores”), and Hollywood Mail Order, LLC, a Nevada limited liability company (“Mail Order”
and together with Group, Parent, Frederick’s and Stores, each individually, a “Borrower”, and collectively,
the “Borrowers”), and Salus Capital Partners, LLC (the “Lender”) (as the same may be amended,
restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), and (ii) that certain
fee letter, dated as of May 31, 2012 between the Borrowers and Lender (as the same may be amended, restated, supplemented or otherwise
modified from time to time the “Fee Letter”). Capitalized terms used herein and not otherwise defined shall
have the meanings ascribed to them in the Credit Agreement or Fee Letter, as applicable.

 

On the date hereof, the Borrowers and Lender
are entering into that certain Fourth Amendment to Credit and Security Agreement (the “Fourth Amendment”). In
connection with the Fourth Amendment, the Lender has agreed to increase the Maximum Line of Credit by up to $15,000,000 (or a greater
amount as contemplated by Section 2.1(b)(ii) of the Credit Agreement as amended by the Fourth Amendment) by (i) adding a discretionary
$4,000,000 accordion to the Line of Credit, and (ii) increasing the Maximum FILO Amount. This is the Supplemental Fee Letter contemplated
by and as defined in the Fourth Amendment.

 

In connection with, and in consideration
of Lender entering into the Fourth Amendment and providing the additional financing to the Borrowers contemplated thereby, each
of the Borrowers, jointly and severally, agrees to pay to the Lender, the fees referred to below:

 

		1.	An origination fee (the “Tranche A-2 Origination Fee”) in an amount equal to
the greater of (i) $110,000, or (ii) 1.0% of the aggregate Tranche A-2 Advance funded by the Lender pursuant to the Credit Agreement,
which Tranche A-2 Origination Fee is deemed fully earned as of the Fourth Amendment Effective Date and payable by Borrower to Lender
in cash as follows: (x) $50,000 of the Tranche A-2 Origination Fee shall be paid in cash on the Fourth Amendment Effective Date,
(y) the balance of the Tranche A-2 Origination Fee ($60,000 plus 1.0% of any incremental amount elected to be advanced by the Lender
on account of the Tranche A-2 Advance pursuant to Section 2.1(b)(ii) of the Credit Agreement) shall be due and payable on the earliest
of (A) the date on which the Lender funds the balance of the Tranche A-2 Advance to Borrowers in connection with the Consummation
of the Merger Transaction, (B) the occurrence of an Event of Default under the Credit Agreement, or (C) April 10, 2014 if the Consummation
of the Merger has not occurred by such date. No portion of the Tranche A-2 Origination Fee shall be subject to refund, rebate or
abatement in whole or part.

 

    	 

    	 

    

 

		2.	In the event that the Maximum Line of Credit is increased pursuant to the terms of Section 2.1(a)(ii)
of the Credit Agreement, the Borrowers, jointly and severally, agree to pay to the Lender an origination fee on account of such
increase (the “Accordion Fee”) in the amount of one percent (1.0%) of such increase in the Maximum Line of Credit,
which Accordion Fee is deemed fully earned and non-refundable on the date of such increase. The Borrowers shall pay the Accordion
Fee in cash in full on the date of such funding, and no portion of the Accordion Fee shall be subject to refund, rebate or abatement
in whole or part.

 

Except as expressly amended hereby, all
terms and conditions of the Fee Letter shall remain unchanged and in full force and effect.

 

THIS SUPPLEMENTAL FEE LETTER SHALL BE
GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. This Supplemental Fee Letter may be executed
in any number of counterparts, each of which shall be an original and all of which, when taken together, shall constitute one agreement.
Delivery of an executed counterpart of a signature page of this Supplemental Fee Letter by electronic transmission shall be equally
effective as delivery of a manually executed counterpart of this Supplemental Fee Letter.

 

If the foregoing correctly sets forth our
understanding, please indicate your acceptance of the terms hereof by returning to us an executed counterpart hereof, whereupon
this Supplemental Fee Letter shall become a binding agreement between us.

 

	 	Very truly yours,
	 	 
	 	SALUS CAPITAL PARTNERS, LLC
	 	 
	 	By:	/s/ Kyle C. Shonak
	 	 	Name:  Kyle C. Shonak
	 	 	Title:  Senior Vice President

 

    	 

    	 

    

 

Acknowledged and Agreed:

 

	FREDERICK’S OF HOLLYWOOD GROUP INC.	 
	 	 
	By:	/s/ Thomas Rende	 
	 	Name:  Thomas Rende	 
	 	Title:  Chief Financial Officer	 
	 	 
	FOH HOLDINGS, INC.	 
	 	 
	By:	/s/ Thomas Rende	 
	 	Name:  Thomas Rende	 
	 	Title:  Chief Financial Officer	 
	 	 
	FREDERICK’S OF HOLLYWOOD, INC.	 
	 	 
	By:	/s/ Thomas Rende	 
	 	Name:  Thomas Rende	 
	 	Title:  Chief Financial Officer	 
	 	 
	FREDERICK’S OF HOLLYWOOD STORES, INC.	 
	 	 
	By:	 /s/ Thomas Rende	 
	 	Name:  Thomas Rende	 
	 	Title:  Chief Financial Officer	 
	 	 
	HOLLYWOOD MAIL ORDER, LLC	 
	 	 
	By:	/s/ Thomas Rende	 
	 	Name:  Thomas Rende	 
	 	Title:  Chief Financial Officer	 

 

[Supplemental Fee
Letter]

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