Document:

Exhibit
10.2

SECOND
AMENDED AND RESTATED REVOLVING LINE OF CREDIT NOTE

	
  September 21, 2006

  	
   

  	
  Dallas, Texas

  	
   

  	
  $100,000,000.00

  

 

FOR VALUE RECEIVED, the undersigned (hereinafter
called “Maker”) does hereby unconditionally promise to pay to the order
of Wells Fargo Bank, National Association, a
national banking association (“Payee”), at its office at 1445 Ross
Avenue, 3rd Floor, MAC T5303-031, Dallas, Texas 75202, the principal sum of ONE HUNDRED MILLION AND NO/100 DOLLARS
($100,000,000.00), or such lesser amount as has been loaned or advanced by
Payee to Maker hereunder, in lawful money of the United States of America,
together with interest from the date hereof until maturity at the rates per
annum provided below.

1.             Definitions. 
For purposes of this Second Amended and Restated Revolving Line of
Credit Note (this “Note”), unless the context otherwise requires, the
following terms shall have the definitions assigned to such terms as follows:

“Business Day” shall mean:

(i)            for all purposes (other than as
covered by clause (ii) below) any day except Saturday, Sunday or a day which in
the United States is a legal holiday or a day on which banking institutions are
authorized or required by law or other government action to close;

(ii)           with respect to all notices and
determinations in connection with, and payments of principal and interest on, a
LIBOR Balance, any day which is a Business Day described in clause (i) above
and which is also a day for trading by and between banks in the interbank eurodollar
market.

“Consequential Loss” shall mean, with respect
to Maker’s payment, or conversion to a different Interest Option, of all or any
portion of the then-outstanding principal amount of any LIBOR Balance on a day
other than the last day of the LIBOR Interest Period related thereto, any loss,
cost or expense incurred by Payee in redepositing such principal amount,
including the sum of (i) the interest which, but for such payment, Payee would
have earned in respect of such principal amount so paid for the remainder of
LIBOR Interest Period applicable to such principal amount, reduced, if Payee is
able to redeposit such principal amount so paid for the balance of such LIBOR
Interest Period, by the interest earned by Payee as a result of so redepositing
such principal amount, plus (ii) any expense or penalty incurred by
Payee on redepositing such principal amount.

“Contract Rate” shall mean a rate of interest
based upon the LIBOR Base Rate or WFB Base Rate in effect at any time pursuant
to an Interest Notice.

“Dollars” and the sign “$” shall mean
lawful currency of the United States of America.

 1
 

 

“Eurocurrency Reserve Percentage” shall mean,
with respect to each LIBOR Interest Period the maximum reserve percentage
(expressed as a decimal) in effect on the first day of any LIBOR Interest
Period, as prescribed by the Board of Governors of the Federal Reserve System
(or any successor), for determining reserve requirements applicable to “eurocurrency
liabilities” pursuant to Regulation D or any other then applicable regulation
of the Board of Governors (or any successor) which prescribes reserve
requirements applicable to “eurocurrency liabilities,” as presently defined in
Regulation D, or any eurocurrency funding.

“Event of Default” shall mean an Event of Default
as such term is defined in the Loan Agreement.

“Excess Interest Amount” shall mean, on any
date, the amount by which (i) the amount of all interest which would have
accrued prior to such date on the principal of this Note (had the applicable
Contract Rate at all times been in effect without limitation by the Maximum
Rate) exceeds (ii) the aggregate amount of interest actually received by
Payee on this Note on or prior to such date.

“Federal Funds Effective Rate” means, for any
day, the weighted average of the rates on overnight Federal funds transactions
with members of the Federal Reserve System arranged by Federal funds brokers,
as published on the immediately following Business Day by the Federal Reserve
Bank of New York or, if such rate is not published for any Business Day, the
average of the quotations for the day of the requested advance received by
Payee from three Federal funds brokers of recognized standing selected by
Payee.

“Interest Notice” shall mean the written notice
given by Maker to Payee of the Interest Options selected hereunder.  Each Interest Notice shall specify the
Interest Option selected, the amount of the unpaid principal balance of this
Note to bear interest at the rate selected and, if the LIBOR Base Rate is
specified, the length of the applicable LIBOR Interest Period.

“Interest Option” shall have the meaning
assigned to such term in paragraph 7 hereof.

“Interest Payment Date” shall mean (i) in the
case of any WFB Base Rate Balance, the fifteenth (15th) day of the last month
of each calendar quarter during the term hereof, commencing December 15,
2006, and at the maturity of this Note, and (ii) in the case of any LIBOR
Balance, the last day of the corresponding LIBOR Interest Period with respect
to such LIBOR Balance and at the maturity of this Note.

“LIBOR Balance” shall mean any principal
balance of this Note which, pursuant to an Interest Notice, bears interest at a
rate based upon the LIBOR Base Rate for the LIBOR Interest Period specified in
such Interest Notice.

“LIBOR Base Rate” shall mean, with respect to
each LIBOR Interest Period, on any day thereof the quotient of (i) the LIBOR
Rate with respect to such LIBOR Interest Period, divided by (ii) the
remainder of 1.0 minus the Eurocurrency Reserve Percentage in effect on
such day.

“LIBOR Interest Period” shall mean, with
respect to any LIBOR Balance, a period commencing: (i) on any date upon which,
pursuant to an Interest Notice, the principal amount of such LIBOR Balance
begins to accrue interest at the LIBOR Base Rate, or (ii) on the last day of 

 2
 

 

the immediately preceding LIBOR Interest Period in the
case of a rollover to a successive LIBOR Interest Period, and ending one month,
two months or three months thereafter as Maker shall elect in accordance with
the provisions hereof; provided, that: (A) any LIBOR Interest Period which
would otherwise end on a day which is not a Business Day shall be extended to
the next succeeding Business Day unless such Business Day falls in another
calendar month, in which case such LIBOR Interest Period shall end on the next
preceding Business Day; and (B) any LIBOR Interest Period which begins on the
last Business Day of a calendar month (or on a day for which there is no
numerically corresponding day in the calendar month at the end of such LIBOR
Interest Period) shall, subject to clauses (C) below and (A) above, end on the
last Business Day of a calendar month; and (C) any LIBOR Interest Period which
would otherwise end after September 20, 2007 shall end on
September 20, 2007.

“LIBOR Rate” shall mean, with respect to each
LIBOR Interest Period, the rate of interest determined by Payee to be the
arithmetic average (rounded upward, if necessary to the nearest 1/16th of 1%)
of the per annum rates of interest at which Dollar deposits with a maturity
equal to the proposed LIBOR Interest Period (and in an amount approximating the
LIBOR Balance) would be offered to Payee by major banks in the interbank
eurodollar market at approximately 8:00 a.m. (Dallas, Texas time) on the
Business Day immediately preceding the first day of such LIBOR Interest Period.

“Loan Agreement” shall mean that certain Loan
Agreement, dated as of September 23, 2004, by and among Maker, Payee and
the subsidiaries and/or affiliates of Maker from time to time a party thereto,
as guarantors, as amended, restated, supplemented and/or modified from time to
time.

“Maximum Rate,” as used herein, shall mean,
with respect to the holder hereof, the maximum non-usurious interest rate, if
any, that at any time, or from time to time, may be contracted for, taken,
reserved, charged, or received on the indebtedness evidenced by this Note under
the laws which are presently in effect of the United States and the State of
Texas applicable to such holder and such indebtedness or, to the extent permitted
by law, under such applicable laws of the United States and the State of Texas
which may hereafter be in effect and which allow a higher maximum non-usurious
interest rate than applicable laws now allow. 
To the extent that any of the optional interest rate ceilings provided
in Chapter 303 of the Texas Finance Code, as amended from time to time (as
amended, the “Texas Finance Code”), may be available for application to
any loan(s) or extension(s) of credit under this Note for the purpose of
determining the Maximum Rate hereunder pursuant to the Texas Finance Code, the
applicable “monthly ceiling” (as such term is defined in Chapter 303 of
the Texas Finance Code) from time to time in effect shall be used to the extent
that it is so available, and if such “monthly ceiling” at any time is not so
available then the applicable “weekly ceiling” (as such term is defined in
Chapter 303 of the Texas Finance Code) from time to time in effect shall be
used to the extent that it is so available.

“Regulation D” shall mean Regulation D of the
Board of Governors of the Federal Reserve System from time to time in effect
and shall include any successor or other regulation relating to reserve
requirements applicable to member banks of the Federal Reserve System.

“Total Commitment” shall mean $100,000,000.00.

 3
 

 

“WFB” shall mean Wells Fargo Bank, National
Association, a national banking association, and its successors and assigns.

“WFB Base Rate” shall mean, on any date of
determination, a variable rate of interest per annum equal to the higher of
either (a) the WFB Prime Rate, or (b) the Federal Funds Effective Rate plus one-half of one percent (0.50%).

“WFB Base Rate Balance” shall mean that portion
of the principal balance of this Note bearing interest at a rate based upon the
WFB Base Rate.

“WFB Prime Rate” shall mean the rate of
interest most recently announced within Payee at its principal office in San
Francisco as its prime rate and is a base rate for calculating interest on
certain loans.  The rate announced by Payee
as its prime rate may or may not be the most favorable rate charged by Payee to
its customers.  Each change in the WFB
Prime Rate shall become effective without prior notice to Maker automatically
as of the opening of business on the date such change is announced within
Payee.

2.             Manner of Borrowing; Advance Requests.  A request for an advance under this Note
shall be made, or shall be deemed to be made, if Maker gives Payee notice of
its intention to borrow, in which notice Maker shall specify (i) the aggregate
principal amount of such advance and (ii) the requested date of such advance,
which shall be a Business Day.  Any such
request for an advance shall be accompanied by an Interest Notice and shall be
made (i) no later than 11:00 a.m. Dallas, Texas time at least three (3)
Business Days prior to the requested advance date if the principal balance of
such advance, pursuant to such Interest Notice, is to bear interest at a rate
based upon the LIBOR Base Rate and (ii) no later than 11:00 a.m. Dallas, Texas
time or the requested advance date if the principal balance of such advance,
pursuant to such Interest Notice, is to bear interest at a rate based upon the
WFB Base Rate.  Notwithstanding anything
herein to the contrary, Payee shall have the right to refuse to accept a
request for an advance under this Note if at the date any such request is made
or any such advance is to be made there exists a default or an Event of Default
under this Note or the Loan Agreement. 
As an accommodation to Maker, Payee may permit telephonic requests for
loans and electronic transmittal of instructions, authorizations, agreements or
reports to Payee by Maker.  Unless Maker
specifically directs Payee in writing not to accept or act upon telephonic or
electronic communications from Maker, Payee shall have no liability to Maker
for any loss or damage suffered by Maker as a result of Payee’s honoring of any
requests, execution of any instructions, authorizations or agreements or
reliance on any reports communicated to Payee telephonically or electronically
and purporting to have been sent to Payee by any individual from time to time
designated by Maker as an authorized officer and Payee shall have no duty to
verify the origin or authenticity of any such communication.

3.             Payments of Interest and Principal.  Interest on the unpaid principal balance of
this Note shall be due and payable on each Interest Payment Date as it
accrues.  The unpaid principal balance of
this Note shall be due and payable in full on September 20, 2007.

4.             Rates of Interest.  The unpaid principal of the WFB Base Rate
Balance shall bear interest at a rate per annum which shall from day to day be
equal to the lesser of (i) the higher of either (a) the WFB Base Rate in effect
from day to day, minus  one percent
(1.00%) or (b) three 

 4
 

 

percent
(3.0%), or (ii) the Maximum Rate. The unpaid principal of
each LIBOR Balance shall bear interest at a rate per annum which shall from day
to day be equal to the lesser of (i) the LIBOR Base Rate for the LIBOR Interest
Period in effect with respect to such LIBOR Balance plus  one-half of one percent (0.50%), or (ii)
the Maximum Rate.  Each determination by
Payee of the LIBOR Base Rate shall, in the absence of manifest error, be
conclusive and binding.  Interest on this
Note with respect to each WFB Base Rate Balance and each LIBOR Balance shall be
calculated on the basis of the actual days elapsed in a year consisting of 360
days.

5.             Interest Recapture.  If on each Interest Payment Date or any other
date on which interest payments are required hereunder, Payee does not receive
interest on this Note computed at the Contract Rate because such Contract Rate
exceeds or has exceeded the Maximum Rate, then Maker shall, upon the written
demand of Payee, pay to Payee in addition to the interest otherwise required to
be paid hereunder, on each Interest Payment Date thereafter, the Excess
Interest Amount (calculated as of such later Interest Payment Date); provided
that in no event shall Maker be required to pay interest at a rate exceeding
the Maximum Rate effective during such period.

6.             Default Rate of Interest.  From and after the occurrence and during the
continuance of an Event of Default, this Note shall bear interest at any rate
equal to or less than the Maximum Rate, as chosen by Payee, at its
discretion.  All past due principal and,
to the extent permitted by applicable law, interest upon this Note shall bear
interest at any rate equal to or less than the Maximum Rate, as chosen by
Payee, at its discretion.

7.             Interest Option. 
Subject to the provisions hereof, Maker shall have the option (an “Interest
Option”) to designate portions of the unpaid principal balance hereof to
bear interest at a rate based upon the LIBOR Base Rate or WFB Base Rate as
provided in paragraph 4 hereof; provided, however, that
(i) in the case of selection of the WFB Base Rate, such advance shall not
be less than $100,000 (or, if
greater than $100,000 in integral
multiples of $100,000) or
(ii) in the case of the selection of the LIBOR Base Rate, the LIBOR
Balance for a particular LIBOR Interest Period shall not be less than $500,000 (or, if greater than $500,000, in integral multiples of $100,000); provided  further,  however,
that no more than five (5) LIBOR Balances shall be outstanding at any one time
under this Note; provided  further, however, that the sum
of the aggregate amount of all LIBOR Balances and WFB Base Rate Balances
outstanding under this Note shall at no time exceed the Total Commitment.  The option of Maker to designate portions of
the principal of this Note to bear interest at a rate based upon the LIBOR Base
Rate or WFB Base Rate shall be exercised in the manner provided below:

(i)            At Time of Borrowing.  Maker shall request advances under this Note
in accordance with, and in the manner prescribed by, paragraph 2
hereof.  In connection with any such
advance request, Maker shall give Payee an Interest Notice indicating the
Interest Option selected with respect to the principal amount of the proposed
borrowing.

(ii)           At Expiration of LIBOR Interest.  At least three (3) Business Days prior to the
termination of any LIBOR Interest Period, Maker shall give Payee an Interest
Notice indicating the Interest Option to be applicable to the corresponding
LIBOR Balance, as appropriate, upon the expiration of such LIBOR Interest
Period.  If the required Interest Notice
shall not have been timely received by Payee prior to the expiration of the
then

 5
 

 

relevant LIBOR
Interest Period, Maker shall be deemed (a) to have selected a rate based upon
the WFB Base Rate to be applicable to such LIBOR Balance, and such LIBOR
Balance shall thereafter be a WFB Base Rate Balance upon the expiration of such
LIBOR Interest Period and (b) to have given Payee notice of such selections.

(iii)          Conversion From WFB Base Rate.  During any period in which any portion of the
principal hereof bears interest at a rate based upon the WFB Base Rate, Maker
shall have the right, on any Business Day (the “Conversion Date”), to
convert all or a portion of such principal amount from the WFB Base Rate
Balance to a LIBOR Balance by giving Payee an Interest Notice of such selection
at least three (3) Business Days prior to such Conversion Date for any LIBOR
Balance.

8.             Special Provisions For LIBOR Pricing

(a)           Inadequacy of
LIBOR Pricing.  If Payee reasonably
determines that, by reason of circumstances affecting the interbank market
generally, deposits in Dollars (in the applicable amounts) are not being
offered to Payee in the interbank market for any LIBOR Interest Period, or that
the rate at which such Dollar deposits are being offered will not adequately
and fairly reflect the cost to Payee of making or maintaining a LIBOR Balance
for such LIBOR Interest Period, Payee shall forthwith give notice thereof to
Maker, whereupon until Payee notifies Maker that the circumstances giving rise
to such suspension no longer exist, (i) the right of Maker to select an
Interest Option based upon the LIBOR Base Rate shall be suspended, and (ii)
Maker shall convert each LIBOR Balance into the WFB Base Rate Balance in
accordance with the provisions hereof on the last day of the then-current LIBOR
Interest Period applicable to such LIBOR Balance.

(b)           Illegality.  If, after the date hereof, the adoption of
any applicable law, rule or regulation, or any change therein, or any change in
the interpretation or administration thereof by any governmental authority,
central bank or comparable agency charged with the interpretation or
administration thereof, or compliance by Payee with any request or directive
(whether or not having the force of law) of any such authority, central bank or
comparable agency shall make it unlawful or impossible for Payee to make or
maintain a LIBOR Balance, Payee shall so notify Maker.  Upon receipt of such notice, Maker shall
convert such LIBOR Balance into the WFB Base Rate Balance, on either (i) the
last day of the then-current LIBOR Interest Period applicable to such LIBOR
Balance if Payee may lawfully continue to maintain and fund such LIBOR Balance
to such day, or (ii) immediately, if Payee may not lawfully continue to
maintain such LIBOR Balance to such day.

(c)           Increased Costs
for LIBOR Balances.

(i)            If, after the date hereof, the
adoption of any applicable law, rule or regulation, or any change therein, or
any change in the interpretation or administration thereof by any governmental
authority, central bank or comparable agency charged with the interpretation or
administration thereof, or compliance by Payee with any request or directive
(whether or not having the force of law) of any such authority, central bank or
comparable agency shall subject Payee to any tax (including without limitation
any United States interest equalization or similar tax, however named), duty or
other charge

 6

 

with respect
to the LIBOR Balances, this Note or Payee’s obligation to compute interest on
the principal balance of this Note at a rate based upon the LIBOR Base Rate, or
shall change the basis of taxation of payments to Payee of the principal of or
interest on the LIBOR Balances or any other amounts due under this Note in
respect of the LIBOR Balances or Payee’s obligation to compute the interest on
the balance of this Note at a rate based upon the LIBOR Base Rate (except for
changes in the rate on the tax on the overall net income of Payee imposed by
the jurisdiction in which Payee’s principal executive office is located); or

(ii)           if, after the date hereof,  any governmental authority, central bank or
other comparable authority shall at any time impose, modify or deem applicable
any reserve (including, without limitation, any imposed by the Board of
Governors of the Federal Reserve System but excluding any reserve requirement
included in the Eurocurrency Reserve Percentage of Payee), special deposit or
similar requirement against assets of, deposits with or for the account of, or
credit extended by, Payee, or shall impose on Payee (or its eurocurrency
lending office) or the interbank market any other condition affecting a LIBOR
Balance, this Note or Payee’s obligation to compute the interest on the balance
of this Note at a rate based upon the LIBOR Base Rate; and the result of any of
the foregoing is to increase the cost to Payee of maintaining a LIBOR Balance,
or to reduce the amount of any sum received or receivable by Payee under this
Note by an amount deemed by Payee to be material, then upon demand by Payee,
Maker shall pay to Payee such additional amount or amounts as will compensate
Payee for such increased cost or reduction, the amount of which, when aggregated
with interest to be paid under the LIBOR Balance, does not exceed the interest
which would have been payable had the balance been calculated using the WFB
Base Rate.  Payee will promptly notify
Maker of any event of which it has knowledge, occurring after the date hereof,
which will entitle Payee to compensation pursuant to this paragraph.  A certificate of Payee claiming compensation
under this paragraph and setting forth in reasonable detail the additional
amount or amounts to be paid to Payee hereunder shall be conclusive in the
absence of manifest error.

(d)           Effect on
Balances.  If notice has been given
requiring a LIBOR Balance to be repaid or converted to the WFB Base Rate
Balance, then unless and until Payee notifies Maker that the circumstances
giving rise to such repayment no longer apply, the Interest Option shall be a
rate based upon the WFB Base Rate.  If
Payee notifies Maker that the circumstances giving rise to such repayment or
conversion no longer apply, Maker may thereafter select a rate based upon the
LIBOR Base Rate in accordance with the terms of this Note.

9.             Extension, Place and Application of Payments.  Subject to the terms of the definitions of
LIBOR Interest Period, should the principal of, or any interest on, this Note
become due and payable on any day other than a Business Day, the maturity
thereof shall be extended to the next succeeding Business Day, and interest
shall be payable with respect to such extension.  All payments of principal of, and interest
on, this Note shall be made by Maker to Payee at Payee’s principal banking
office in Dallas, Texas in federal or other immediately available funds.  Payments made to Payee by Maker hereunder
shall be applied first to accrued interest and then to principal.

 7
 

 

10.           Repayments of WFB Base Rate
Balances; Prepayments of LIBOR Balances; Consequential Loss.  Maker may repay any WFB Base Rate Balance at
any time without premium or penalty and without prior notice.  Maker may prepay any LIBOR Balance prior to
the expiration of the applicable LIBOR Interest Period upon three (3) Business
Days prior written notice subject to Maker’s payment of the Consequential Loss
incurred by Payee as a result of the timing of such prepayment; provided,
however, that Maker shall not have the option to designate any portion
of the unpaid principal balance hereof to bear interest at a rate based upon
the LIBOR Base Rate for a period of ninety (90) days following any such
prepayment of any LIBOR Balance.  Any
repayment or permitted prepayment of principal made hereunder shall not be less
than $100,000 (or, if greater than $100,000, in integral multiples of $100,000,
or such lesser amount as is then outstanding under this Note).  Any repayment or permitted prepayment of
principal made hereunder shall be made together with interest accrued through
the date of such repayment or prepayment, as applicable.

11.           Advance Notice.  Payee will use its best efforts to supply the
Maker advance notice of the interest and/or principal amounts that the Payee
has calculated are due at the scheduled payment dates at least one day in
advance, assuming the unpaid principal balance and interest rate remain the
same until such scheduled payment date. 
Notwithstanding the foregoing, no failure by the Payee to give such
notice will reduce the obligation of the Maker to pay such amounts on the date
they become due.

12.           Notices.  All
notices required or permitted hereunder shall be in writing and shall be deemed
to have been given or made as follows: 
(a) if sent by hand delivery, upon delivery; (b) if sent by
registered or certified mail, return receipt requested, upon receipt (as
indicated on the return receipt); and (c) if sent by facsimile, upon
receipt (which shall be confirmed by a confirmation report from the sender’s
facsimile machine), addressed to Maker or
Payee at the following respective addresses or such other address as such party
may from time to time designate by written notice to the other:

Payee:                                            Wells
Fargo Bank, National Association

1445 Ross Avenue, 3rd Floor

MAC T5303-031

Dallas, Texas  75202

Attention:  Susan K. Nugent, Vice
President

Fax:  (214) 953-3982

Maker:                                           Fossil Partners, L.P.

2323 North Central Expressway

Richardson, Texas 75082

Attention:  Mike L. Kovar

Fax:  (972) 498-9448

13.           Legal Fees.  If this Note is placed in the hands of any
attorney for collection, or if it is collected through any legal proceeding at
law or in equity or in bankruptcy, receivership or other court proceedings,
Maker agrees to pay all costs of collection including, but not limited to,
court costs and reasonable attorneys’ fees.

 8
 

 

14.           Waivers.  Maker and each surety, endorser, guarantor
and other party ever liable for payment of any sums of money payable on this
Note, jointly and severally waive presentment and demand for payment, protest,
notice of protest, intention to accelerate, acceleration and non-payment, or
other notice of default, and agree that their liability under this Note shall
not be affected by any renewal or extension in the time of payment hereof, or
in any indulgences, or by any release or change in any security for the payment
of this Note, and hereby consent to any and all renewals, extensions,
indulgences, releases or changes, regardless of the number of such renewals,
extensions, indulgences, releases or changes.

No waiver by Payee of any of its rights or remedies
hereunder or under any other document evidencing or securing this Note or
otherwise shall be considered a waiver of any other subsequent right or remedy
of Payee; no delay or omission in the exercise or enforcement by Payee of any
rights or remedies shall ever be construed as a waiver of any right or remedy
of Payee; and no exercise or enforcement of any such rights or remedies shall
ever be held to exhaust any right or remedy of Payee.

15.           Acceleration.  If Maker fails or refuses to pay any part of
the principal of or interest upon this Note as the same become due, or upon the
occurrence and during the continuance, of any Event of Default, then in any
such event the holder hereof may, at its option, declare the entire unpaid
balance of principal and accrued interest on this Note to be immediately due
and payable, and foreclose all liens and security interests securing payment
hereof or any part hereof.

16.           Interest Laws; Spreading.  Any provision herein, or in any document
securing this Note, or any other document executed or delivered in connection
herewith, or in any other agreement or commitment, whether written or oral,
expressed or implied, to the contrary notwithstanding, neither Payee nor any
holder hereof shall in any event be entitled to receive or collect, nor shall
or may amounts received hereunder be credited, so that Payee or any holder
hereof shall be paid, as interest, a sum greater than the maximum amount
permitted by applicable law to be charged to the person, partnership, firm or
corporation primarily obligated to pay this Note at the time in question.  If any construction of this Note or any
document securing this Note, or any and all other papers, agreements or
commitments, indicate a different right given to Payee or any holder hereof to
ask for, demand or receive any larger sum as interest, such is a mistake in
calculation or wording which this clause shall override and control, it being
the intention of the parties that this Note, and all other instruments securing
the payment of this Note or executed or delivered in connection herewith shall
in all things comply with applicable law and proper adjustments shall
automatically be made accordingly.  In
the event that Payee or any holder hereof ever receives, collects or applies as
interest, any sum in excess of the Maximum Rate, if any, such excess amount
shall be applied to the reduction of the unpaid principal balance of this Note,
and if this Note is paid in full, any remaining excess shall be paid to
Maker.  In determining whether or not the
interest paid or payable, under any specific contingency, exceeds the Maximum
Rate, if any, Maker and Payee or any holder hereof shall, to the maximum extent
permitted under applicable law: (a) characterize any non-principal payment as
an expense or fee rather than as interest, (b) exclude voluntary prepayments
and the effects thereof, (c) “spread” the total amount of interest throughout
the entire term of this Note; provided that if this Note is paid and performed
in full prior to the end of the full contemplated term hereof, and if the
interest received for the actual period of existence thereof exceeds the
Maximum Rate, if any, 

 9
 

 

Payee or any holder
hereof shall refund to Maker the amount of such excess, or credit the amount of
such excess against the aggregate unpaid principal balance of all advances made
by the Payee or any holder hereof under this Note at the time in question.

17.           Choice of Law.  This Note is being executed and delivered,
and is intended to be performed in the State of Texas.  Except to the extent that the laws of the
United States may apply to the terms hereof, the substantive laws of the State
of Texas shall govern the validity, construction, enforcement and
interpretation of this Note. In the event of a dispute involving this Note or
any other instruments executed in connection herewith, the undersigned
irrevocably agrees that venue for such dispute shall lie in any court of
competent jurisdiction in Dallas County, Texas to the extent such dispute is
not resolved by binding arbitration pursuant to the Payee’s current Arbitration
Program described in Section 19 below.

18.           Loan Agreement.  This Note is executed in connection with the
Loan Agreement and the holder hereof is entitled to all the benefits provided
therein and in the other agreements, documents, instruments and certificates
entered into in connection with the Loan Agreement.

19.           AGREEMENT
FOR BINDING ARBITRATION. 
The parties agree to be bound by the terms and provisions of the Payee’s
current Arbitration Program which is incorporated by reference herein and is
acknowledged as received by the parties pursuant to which any and all disputes
shall be resolved by mandatory binding arbitration upon the request of any
party.

20.           Amendment and Restatement.  This Note increases, amends, modifies and
restates, but does not extinguish the indebtedness evidenced by, that certain
Amended and Restated Revolving Line of Credit Note dated September 22, 2005, in
the stated principal amount of $100,000,000, executed by Maker and payable to
the order of Payee and that certain Revolving Line of Credit Note dated
September 23, 2004, in the stated principal amount of $50,000,000,
executed by Maker and payable to the order of Payee.

[THE REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

 10

 

IN WITNESS WHEREOF, Maker has caused this Note to be
duly executed and delivered in Dallas, Texas, as of the date first above
written.

	
   

  	
  FOSSIL PARTNERS, L.P.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Fossil, Inc., its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
  /s/ Randy S.
  Kercho

  
	
   

  	
   

  	
  Randy S. Kercho,

  
	
   

  	
   

  	
  Executive Vice PresidentExhibit 10.3

AMENDED
AND RESTATED STOCK PLEDGE AGREEMENT

THIS AMENDED AND RESTATED STOCK
PLEDGE AGREEMENT (this “Agreement”) is entered into as
of September 21, 2006, between FOSSIL,
INC., a Delaware corporation (“Pledgor”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a
national banking association (“Pledgee”).

1.             In
consideration of any extension of credit heretofore or hereafter made by
Pledgee to Fossil Partners, L.P., a Texas limited partnership (“Borrower”),
and as collateral security for and to secure the prompt payment and performance
in full of all obligations of Pledgor to Pledgee under that certain Guaranty
Agreement, dated as of September 23, 2004 (as hereinafter amended,
modified and/or restated from time to time), pursuant to which Pledgor has absolutely
and unconditionally guaranteed to Pledgee the prompt payment and performance in
full of all now existing or hereafter arising obligations, liabilities and
indebtedness of Borrower to Pledgee under that certain Loan Agreement dated as
of September 23, 2004 by and among Pledgee, Borrower, Pledgor and the
subsidiaries and/or affiliates of Pledgor from time to time a party thereto, as
guarantors (as hereinafter amended, modified and/or restated from time to time,
the “Loan Agreement”), Pledgor hereby assigns to Pledgee and grants to
Pledgee a continuing security interest in sixty-five percent (65%) of all
issued and outstanding shares of capital stock (including, without limitation,
all shares of common stock represented by the stock certificates identified on Schedule I
attached hereto) of each of Fossil Europe B.V., Fossil (East) Limited, Fossil
Europe GmbH, Fossil UK and Fossil Group Europe GmbH (each individually, a “Subsidiary”
and collectively, the “Subsidiaries”), whether now or hereafter issued by
the Subsidiaries, together with all proceeds, products and increases thereof
and substitutions and replacements therefor (collectively, the “Collateral”).  The obligations referenced above, together
with any subsequent renewals, extensions, modifications or increases thereof,
are collectively referred to as the “Secured Obligations.”

2.             Pledgor
represents and warrants that (i) Pledgor holds absolute ownership of the
Collateral, free and clear of all liens and encumbrances; (ii) there are no
restrictions upon the transfer of any of the Collateral, other than as may
appear and may be referenced on the face of the certificates or other than
arising under applicable state or federal securities laws or laws of the
jurisdiction in which such Subsidiaries are incorporated; (iii) Pledgor owns
directly or indirectly (A) 70% of the issued and outstanding capital stock of
Fossil Europe B.V., and (B) 100% of the issued and outstanding capital stock of
each of Fossil (East) Ltd, Fossil Europe GmbH, Fossil UK and Fossil Group
Europe GmbH; (iv) there are no existing obligations to issue capital stock or
securities convertible into capital stock of any Subsidiary and in no event
will Pledgor permit any such stock or securities to be issued prior to payment
in full of the Secured Obligations; and (v) there are no existing securities or
obligations of any Subsidiary the amount of which obligation is based, in whole
or in part, on the value of any Subsidiary’s capital stock or any increase
thereof, nor will Pledgor permit any such securities or obligations to exist
prior to payment in full of the Secured Obligations.

 

3.             In
furtherance of Pledgee’s security interest in the Collateral, Pledgor agrees to
deliver to Pledgee, on the date hereof (to the extent not previously delivered
to Pledgee), the stock certificates identified on Schedule I attached
hereto, together with stock powers duly executed in blank by Pledgor.  Pledgee acknowledges that notwithstanding
Pledgor’s delivery to Pledgee of stock certificates representing in excess of
sixty-five percent (65%) of the issued and outstanding shares of capital stock
of the Subsidiaries, Pledgee’s security interest hereunder shall be limited to
sixty-five percent (65%) of the issued and outstanding shares of capital stock
of the Subsidiaries.

4.             With
respect to the Collateral and all proceeds, products and increases thereof and
substitutions therefor, Pledgor hereby appoints Pledgee its attorney-in-fact,
to arrange for the transfer of the Collateral on the books of the Subsidiaries
to the name of Pledgee subsequent to the occurrence and during the continuance
of any Event of Default (as hereinafter defined) hereunder.  However, Pledgee shall be under no obligation
to do so.

5.             During
the term of this Agreement, provided no Event of Default has occurred and then
exists hereunder, Pledgor shall have the right, where applicable, to vote the
Collateral on all corporate questions, and Pledgee shall, if necessary, execute
due and timely proxies in favor of Pledgor for this purpose; provided, however,
that Pledgor will not be entitled to exercise any such right if the result
thereof could reasonably be expected to materially and adversely affect the
rights inuring to Pledgee hereunder or the rights and remedies of Pledgee under
this Agreement or the ability of Pledgee to exercise the same.

6.             Upon
the occurrence of any Event of Default and during the continuance thereof,
Pledgee may exercise all of the rights and privileges in connection with the
Collateral (including, without limitation, voting rights) to which a transferee
may be entitled as the record holder thereof, together with the rights and
privileges otherwise granted hereunder. 
Pledgee shall be under no obligation to exercise any of such rights or
privileges.

7.             If,
with the consent of Pledgee, Pledgor shall substitute or exchange other
securities in place of those herein mentioned, all of the rights and privileges
of Pledgee and all of the obligations of Pledgor with respect to the securities
originally pledged or held as Collateral hereunder shall be forthwith
applicable to such substituted or exchanged securities.

8.             Upon
the occurrence of any Event of Default and during the continuance thereof,
Pledgee shall be authorized to collect all dividends, interest payments, and
other amounts (including amounts received or receivable upon redemption or
repurchase) that may be, or become, due on any of the Collateral.  If Pledgor receives any such dividends,
payments or amounts after the occurrence and during the continuance of an Event
of Default, it shall immediately endorse and deliver the same to Pledgee in the
form received.  All such amounts which
Pledgee receives and retains in accordance with the terms of this
paragraph 8 shall be applied to reduce the principal amount outstanding on
the Secured Obligations in inverse order of maturity.  Pledgee is, furthermore, authorized to give
receipts in the name of Pledgor for any amounts so received.  Pledgee shall be under no obligation to
collect any such amounts.

9.             In
the event that, during the term of this Agreement, subscription warrants or any
other rights or options shall be issued in connection with the Collateral, such
warrants, rights, or 

 

options shall be
immediately assigned, if necessary, by Pledgor to Pledgee.  If any such warrants, rights, or options are
exercised by Pledgor, all new securities so acquired by Pledgor shall be
immediately assigned to Pledgee, shall become part of the Collateral and shall
be endorsed to, delivered to and held by Pledgee under the terms of this Agreement
in the same manner as the securities originally pledged.

10.           In
the event that, during the term of this Agreement, any share, dividend,
reclassification, readjustment or other change is declared or made in the
capital structure of any Subsidiary, all new, substituted and additional
shares, or other securities and related stock certificates, issued by reason of
any such change shall become part of the Collateral and shall be endorsed to,
delivered to and held by Pledgee under the terms of this Agreement in the same
manner as the securities originally pledged hereunder (except to the extent
that any such pledge by Pledgor to Pledgee would cause more than sixty-five
percent (65%) of the issued and outstanding shares of capital stock of any
Subsidiary to become subject to Pledgee’s security interest hereunder).

11.           Pledgor
authorizes Pledgee, without notice or demand, and without affecting the
liability of Pledgor hereunder, from time to time to:

(A)          hold
security in addition to and other than the Collateral for the payment of the
Secured Obligations or any part thereof, and exchange, enforce, waive and
release any Collateral or any part thereof, or any other such security, or part
thereof;

(B)           release
any of the endorsers or guarantors of the Secured Obligations secured hereunder
or any part thereof, or any other person whomsoever liable for or on account of
such Secured Obligations;

(C)           on
the transfer of all or any part of the Secured Obligations secured hereunder,
Pledgee may assign all or any part of Pledgee’s security interest in the
Collateral and shall be fully discharged thereafter from all liability and
responsibility with respect to the Collateral so transferred, provided that in
no event shall Pledgee be liable for any act or omission or negligent act or
negligent omission with respect to the Collateral, other than acts or omissions
constituting gross negligence, willful misconduct or tortious breach of
contract.  The transferee of the
Collateral shall be vested with the rights, powers and remedies of Pledgee
hereunder, and with respect to any Collateral not so transferred, Pledgee shall
retain all rights, powers and remedies hereby given; and

(D)          Pledgor
hereby waives any right to require Pledgee to proceed against Pledgor, Borrower
or any other person whomsoever, to proceed against or exhaust any collateral or
any other security held by Pledgee, or to pursue any other remedy available to
Pledgee.  Pledgor further waives any
defense arising by reason of any liability or other defense of Pledgor or of
any other person.  Pledgor shall have no
right to require Pledgee to marshal collateral.

12.           It
shall not be necessary for Pledgee to inquire into the powers of Pledgor or the
officers, directors or agents acting or purporting to act on behalf of Pledgor,
and any obligations made or created in reliance on the professed exercise of
such powers shall be secured hereunder.

 

13.           To
the extent permitted by applicable law and in the Loan Agreement, Pledgee shall
be under no duty or obligation whatsoever to make or give any presentments,
demands for performance, notices of non-performance, protests, notices of
protest, or notices of dishonor in connection with the Secured Obligations.

14.           The
occurrence of an event of default under and as defined in the Loan Agreement
shall, at the option of Pledgee, constitute an “Event of Default” under
this Agreement.

15.           Upon
the occurrence and during the continuance of any Event of Default, the Secured
Obligations shall, at the option of Pledgee, become immediately due and payable,
and Pledgee shall have all rights and remedies as a secured party under any UCC
(as hereinafter defined), and such additional rights and remedies to which a
secured party is entitled under the laws in effect in all relevant
jurisdictions, and, in this connection, subject to applicable regulatory and
legal requirements, Pledgee may sell the Collateral, or any part thereof, at
public or private sale or at any broker’s board or on any securities exchange
or electronic trading facility, for cash, upon credit or for future delivery as
Pledgee shall deem appropriate.  Pledgee
shall be authorized at any such sale (if it deems it advisable to do so) to
restrict the prospective bidders or purchasers to persons who will represent
and agree that they are purchasing the Collateral for their own account for
investment and not with a view to the distribution or sale thereof, and upon
consummation of any such sale Pledgee shall have the right to assign, transfer
and deliver to the purchaser or purchasers thereof the Collateral so sold.  Each such purchaser at any such sale shall
hold the property sold absolutely free from any claim or right on the part of
Pledgor, and, to the extent permitted by applicable law, Pledgor hereby waives all
rights of redemption, stay, valuation and appraisal Pledgor now has or may at
any time in the future have under any rule of law or statute now existing or
hereafter enacted.  Pledgee shall give
each person entitled to notice of such sale under Section 9-611(c) of the UCC
ten (10) days prior written notice (which Pledgor agrees is reasonable notice
within the meaning of Section 9-612 of the UCC) of Pledgee’s intention to make
any sale of Collateral.  Such notice
shall conform to the requirements of Section 9-613 of the UCC.  Any such public sale shall be held at such
time or times within ordinary business hours and at such place or places as
Pledgee may fix and state in the notice of such sale.  At any such sale, the Collateral, or portion
thereof, to be sold may be sold in one lot as an entirety or in separate
parcels, as Pledgee may (in its sole and absolute discretion) determine.  Pledgee shall not be obligated to make any
sale of any Collateral if it shall determine not to do so, regardless of the
fact that notice of sale of such Collateral shall have been given.  Pledgee may, without notice or publication,
adjourn any public or private sale or cause the same to be adjourned from time
to time by announcement at the time and place fixed for sale, and such sale
may, without further notice, be made at the time and place to which the same
was so adjourned.  In case any sale of
all or any part of the Collateral is made on credit or for future delivery, the
Collateral so sold may be retained by Pledgee until the sale price is paid in
full by the purchaser or purchasers thereof, but Pledgee shall not incur any
liability in case any such purchaser or purchasers shall fail to take up and
pay for the Collateral so sold and, in case of any such failure, such
Collateral may be sold again upon like notice.  At any public (or, to the extent permitted by
applicable law, private) sale made pursuant to this Section, Pledgee may bid
for or purchase, free from any right of redemption, stay or appraisal on the
part of Pledgor (all said rights being also hereby waived and released), the
Collateral or any part thereof offered for sale and may make payment on account
thereof by using any claim then due and payable to it from

 

Pledgor as a credit
against the purchase price, and it may, upon compliance with the terms of sale,
hold, retain and dispose of such property without further accountability to
Pledgor therefor.  For purposes hereof,
(a) a written agreement to purchase the Collateral or any portion thereof shall
be treated as a sale thereof, (b) Pledgee shall be free to carry out such sale
pursuant to such agreement, and (c) Pledgor shall not be entitled to the return
of the Collateral or any portion thereof subject thereto, notwithstanding the
fact that after Pledgee shall have entered into such an agreement, all Events
of Default shall have been remedied and the Obligations paid in full.  As an alternative to exercising the power of
sale herein conferred upon it, Pledgee may proceed by a suit or suits at law or
in equity to foreclose upon the Collateral and to sell the Collateral or any
portion thereof pursuant to a judgment or decree of a court or courts having
competent jurisdiction or pursuant to a proceeding by a court-appointed
receiver.  Any sale pursuant to the
provisions of this Section shall be deemed to be a commercially reasonable
disposition as provided in Section 9-610 of the UCC.  Pledgee shall receive the proceeds of any
such sale or sales, and, after deducting therefrom any and all reasonable costs
and expenses incurred in connection with the sale thereof, apply the net
proceeds toward the payment of the Secured Obligations secured hereunder,
including interest, reasonable attorneys’ fees, and all other reasonable costs
and expenses incurred by Pledgee hereunder and under any other agreement
between Pledgor and Pledgee.  If such
proceeds be more than sufficient to pay the same, then in case of a surplus,
such surplus shall be accounted for and paid over to Pledgor, provided Pledgor
be not then indebted to Pledgee otherwise under this Agreement or any Other
Agreement or for any cause whatsoever. 
As used herein, the term “UCC” shall mean (i) the Uniform Commercial
Code as in effect from time to time in the State of Texas and (ii) in any case
where mandatory choice or law rules in the Texas Uniform Commercial Code
require the application of the Uniform Commercial Code of another jurisdiction,
the Uniform Commercial Code of such other jurisdiction as in effect from time
to time.

16.           In
view of the position of Pledgor in relation to the Collateral, or because of
other current or future circumstances, a question may arise under the
Securities Act of 1933, as now or hereafter in effect, or any similar statute
in any other jurisdiction or hereafter enacted analogous in purpose or effect
(such Act and any such similar statute as from time to time in effect being
called the “Securities Laws”) with respect to any disposition of the
Collateral permitted hereunder.  Pledgor
understands that compliance with the Securities Laws might very strictly limit
the course of conduct of Pledgee if Pledgee were to attempt to dispose of all
or any part of the Collateral, and might also limit the extent to which or the
manner in which any subsequent transferee of any Collateral could dispose of
the same.  Similarly, there may be other
legal restrictions or limitations affecting Pledgee in any attempt to dispose
of all or part of the Collateral under applicable blue sky or other state
securities laws or similar laws analogous in purpose or effect.  Pledgor recognizes that in light of such
restrictions and limitations Pledgee may, with respect to any sale of the
Collateral, limit the purchasers to those who will agree, among other things,
to acquire such Collateral for their own account, for investment, and not with
a view to the distribution or resale thereof. 
Pledgor acknowledges and agrees that in light of such restrictions and
limitations, Pledgee, in its sole and absolute discretion, (a) may proceed to
make such a sale whether or not a registration statement for the purpose of
registering such Collateral or part thereof shall have been filed under the
Securities Laws and (b) may approach and negotiate with a single potential
purchaser or a limited number of potential purchasers to effect such sale.  Pledgor acknowledges and agrees that any such
sale might result in prices and other terms less favorable to the seller than
if such sale were a public sale without such 

 

restrictions.  In the event of any such sales, Pledgee shall
incur no responsibility or liability for selling all or any part of the
Collateral at a price that Pledgee, in its sole and absolute discretion, may in
good faith deem reasonable under the circumstances, notwithstanding the
possibility that a substantially higher price might have been realized if the
sale were deferred until after registration under the Securities Laws or if
more than a single purchaser or a limited number of purchasers were
approached.  The provisions of this
Section will apply notwithstanding the existence of a public or private market
upon which the quotations or sales prices may exceed substantially the price at
which Pledgee sells.

17.           Pledgor
agrees to execute and deliver to Pledgee such financing statements,
continuation statements or amendments of financing statements, each in form
reasonably acceptable to Pledgee, as Pledgee may from time to time reasonably
request, or as are necessary or desirable in the opinion of Pledgee to
establish and maintain a valid, enforceable, first priority perfected security
interest in the Collateral as provided herein, and the other rights and
security contemplated hereby, all in accordance with the UCC as enacted in any
and all relevant jurisdictions, or any other relevant law.  Pledgor hereby authorizes Pledgee to file any
such financing statements without the signature of Pledgor where permitted by
law.  Pledgee is herby authorized to make
filings with such recording offices and such other governmental authorities as
Pledgee may consider necessary or appropriate for the purpose of perfecting,
confirming, continuing, enforcing or protecting the security interests and
liens granted to Pledgor by Pledgee. 
Pledgor will pay any applicable filing fees, recordation taxes and
related expenses relating to the Collateral.

18.           Pledgor
hereby constitutes and appoints Pledgee its true and lawful attorney,
irrevocably, with full power after the occurrence of and during the continuance
of an Event of Default (in the name of Pledgor or otherwise) (i) to act,
require, demand, receive, compound and give acquittance for any and all moneys
and claims for moneys due or to become due to Pledgor under or arising out of
the Collateral, (ii) to endorse any checks or other instruments or orders in
connection therewith, (iii) to file any claims or take any action or institute
any proceedings which Pledgee may deem to be necessary or advisable to protect
its interests and (iv) to execute, deliver, record or file any other document
or instrument and take such other actions as it considers appropriate in
connection with the perfection, protection or enforcement of its security
interest in the Collateral, the possession, maintenance, preparation for sale,
foreclosure, sale, lease, exchange or other disposition or release of any
Collateral or the exercise of any rights or remedies provided in this
Agreement, which appointment as attorney is coupled with an interest.

19.           Upon
indefeasible repayment in full in cash of the Secured Obligations, Pledgee will
promptly, at Pledgor’s expense, deliver all of the Collateral to Pledgor along
with all instruments of assignment executed in connection therewith, and
execute and deliver to Pledgor such documents as Pledgor shall reasonably
request to evidence Assignor’s release of Pledgee’s security interest
hereunder.

20.           Choice
of Law.  This Agreement is being
executed and delivered, and is intended to be performed in the State of
Texas.  Except to the extent that the
laws of the United States may apply to the terms hereof, the substantive laws
of the State of Texas shall govern the validity, construction, enforcement and
interpretation of this Agreement.  In the
event of a dispute involving this Agreement or any other instruments executed
in connection herewith, the 

 

undersigned irrevocably
agrees that venue for such dispute shall lie in any court of competent
jurisdiction in Dallas County, Texas to the extent such dispute is not resolved
by binding arbitration pursuant to Pledgee’s current Arbitration Program
described in Section 22 below.

21.           Loan
Agreement.  This Agreement is
executed in connection with the Loan Agreement and Pledgee is entitled to all
the benefits provided therein and in the other agreements, documents,
instruments and certificates entered into in connection with the Loan
Agreement.

22.           AGREEMENT FOR BINDING ARBITRATION.  The parties agree to be bound by the terms
and provisions of Pledgee’s current Arbitration Program which is incorporated
by reference herein and is acknowledged as received by the parties pursuant to
which any and all disputes shall be resolved by mandatory binding arbitration
upon the request of any party.

23.           Amendment
and Restatement.  This Agreement is
given in renewal, extension, modification and amendment (and not in
extinguishment or novation of that certain Stock Pledge Agreement dated
September 23, 2004, by and between Pledgor and Pledgee (the “Original Stock
Pledge Agreement”).

24.           Ratification
of Collateral.  The security
interests and liens in the Collateral granted to Pledgee by Pledgor hereunder
are given in renewal, extension and modification of the security interests and
liens previously granted to Pledgee by Pledgor in the Original Stock Pledge
Agreement.  Such prior security interests
and liens are not extinguished hereby, and the making, perfection and priority
of such prior security interests shall continue in full force and effect.

 

IN WITNESS WHEREOF, Pledgor and Pledgee have executed
this Agreement as of the date first above written.

	
   

  	
  PLEDGOR:

  
	
   

  	
   

  	
   

  
	
   

  	
  FOSSIL, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
  /s/ Randy S. Kercho

  
	
   

  	
   

  	
   

  	
  Randy S. Kercho, Executive Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  PLEDGEE:

  
	
   

  	
   

  	
   

  
	
   

  	
  WELLS FARGO BANK, NATIONAL

  ASSOCIATION

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
  /s/ Susan K. Nugent

  
	
   

  	
   

  	
   

  	
  Susan K. Nugent, Vice President

  
						

 

SCHEDULE
I

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00110-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00110-of-00352.parquet"}]]