Document:

AMENDMENT NO. 2
                                     TO THE
                      AMENDED AND RESTATED RIGHTS AGREEMENT

     THIS AMENDMENT NO. 2, dated as of October 24, 2001 (the "Amendment") to the
Amended and Restated Rights Agreement dated as of March 17, 1997, as amended on
June 4, 1997 (the "Amended and Restated Rights Agreement"), between MOTHERS
WORK, INC., a Delaware corporation (the "Company") and STOCKTRANS, INC. (the
"Rights Agent").

     WHEREAS, reference is made to the Agreement and Plan of Merger dated
October 17, 2001 (the "Merger Agreement") by and among the Company, iMaternity
Acquisition Corp., a Delaware corporation, eSpecialty Brands, LLC, a Delaware
limited liability company, Maternity Holding Corporation, a Delaware Corporation
("MHC"), James R. Kirsch, an individual ("JK"), William S. Kirsch, an individual
("WK"), Daniel S. Kirsch, as Trustee of the Daniel S. Kirsch Trust dated October
8, 1986 ("DK"), Centre Capital Investors III, L.P. ("Centre Capital"), Centre
Capital Individual Investors III, L.P. ("Centre Individual"), Centre Capital
Offshore Investors III, L.P. ("Centre Offshore"), Centre Capital Tax-Exempt
Investors III, L.P. ("Centre Tax-Exempt") and Centre Partners Coinvestment III,
L.P. ("Centre Coinvestment"). Centre Coinvestment, Centre Capital, Centre
Individual, Centre Offshore, Centre Tax-Exempt and Centre Partners Management,
LLC are sometimes referred to herein as "Centre Partners"; and

     WHEREAS, pursuant to the Merger Agreement, Centre Partners will be issued
(i) 170,708 shares (the "Series C Shares") of Series C Cumulative Preferred
Stock, par value $.01 per share, of the Company (the "Series C Preferred
Stock"), which are convertible into a specified number of shares of the
Company's common stock, par value $0.01 per share (the "Common Stock"), under
certain specified circumstances pursuant to the Certificate of Designation of
the Series C Preferred Stock (the "Conversion Right") and (ii) warrants (the
"Warrants") to purchase, in the aggregate, 175,000 shares of Common Stock (the
"Exercise Right"); and

     WHEREAS, pursuant to the Merger Agreement Centre Partners may purchase up
to 400,000 shares of Common Stock in open market and private transactions within
2 years after closing (the "Purchase Right" and such 2 year period being called
the "Open Market Purchase Period"); and

     WHEREAS, the Company and the Rights Agent desire to amend the Amended and
Restated Rights Agreement pursuant to the terms herein so that Centre Partners
may exercise its Exercise Right, Conversion Right and Purchase Right without
being deemed an "Acquiring Person" pursuant to the Amended and Restated Rights
Agreement.

     NOW, THEREFORE, in consideration of the premises and the mutual agreements
herein set forth, intending to be legally bound hereby, the parties agree as
follows:

<PAGE>

     1. Section 1, paragraph (j) of the Amended and Restated Rights Agreement is
amended to read in its entirety as follows:

          (j) "Exempt Person" means:

               (i)  the Company, any Subsidiary of the Company, any employee
                    benefit plan or employee stock plan of the Company or of any
                    Subsidiary of the Company, or any person or entity
                    organized, appointed, established or holding Company Common
                    Stock for or pursuant to the terms of any such plan;

               (ii) any member of the Matthias Group, any member of the Meridian
                    Group, any member of the Mass Financial Group, or any member
                    of the Crown Group; provided, however, that all the members
                    of the Meridian Group, the Mass Financial Group or the Crown
                    Group, as applicable, shall immediately and thereafter cease
                    to be an Exempt Person if the members of such group shall
                    acquire, at any time after Rights Dividend Declaration Date,
                    additional shares resulting in an increase in such group's
                    aggregate beneficial ownership of Company Common Stock from
                    time to time outstanding by more than 46,833 shares of
                    Company Common Stock; and provided, further, that all
                    members of the Matthias Group shall immediately and
                    thereafter cease to be an Exempt Person if such group at any
                    time shall acquire additional shares resulting in an
                    increase in its aggregate beneficial ownership of Company
                    Common Stock from time to time outstanding, except for
                    increases resulting from the future issuance to such members
                    of options hereafter issued by the Company, or by
                    inheritance or laws of descent;

               (iii) Robert Fleming Inc. ("Fleming"); provided, however, that
                    Fleming shall immediately and thereafter cease to be an
                    Exempt Person if it, individually or together with its
                    affiliates or associates, shall acquire, at any time after
                    May 22, 1997, additional shares resulting in an increase in
                    its aggregate beneficial ownership of Company Common Stock
                    from time to time outstanding by more than 46,833;

               (iv) Centre Capital Investors III, L.P. ("Centre Capital"),
                    Centre Capital Individual Investors III, L.P. ("Centre
                    Individual"), Centre Capital Offshore Investors III, L.P.
                    ("Centre Offshore"), Centre Capital Tax-Exempt Investors
                    III, L.P. ("Centre Tax-Exempt") and Centre Partners
                    Coinvestment III, L.P. ("Centre Coinvestment"

                                      -2-
<PAGE>

                    and Centre Coinvestment, Centre Capital, Centre Individual,
                    Centre Offshore, Centre Tax-Exempt, Centre Partners
                    Management, LLC and their affiliates are sometimes
                    collectively referred to herein as "Centre Partners")
                    insofar as Centre Partners (or any of them) acquires the
                    Series C Shares, acquires up to 400,000 shares of Company
                    Common Stock pursuant to the Purchase Right during the Open
                    Market Purchase Period (the "Open Market Shares"), acquires
                    up to 175,000 shares of Company Common Stock upon exercise
                    of a certain Warrant(s) dated October 17, 2001 issued to
                    Centre Partners (the "Warrant Shares") and acquires up to
                    193,229 shares of Company Common Stock issued upon exercise
                    of the Conversion Right (the "Conversion Shares"); provided,
                    however, that Centre Partners and all of its officers,
                    directors, employees and affiliates shall immediately and
                    thereafter cease to be an Exempt Person if it, individually
                    or together with its affiliates or associates, shall
                    acquire, at any time hereafter, additional shares of Common
                    Stock other than the Series C Shares, the Open Market
                    Shares, the Warrant Shares and the Conversion Shares which
                    acquisition results in Centre Partners' aggregate beneficial
                    ownership of Company Common Stock then outstanding equaling
                    or exceeding 10%; and

               (v)  any Person who would otherwise become an Acquiring Person
                    solely by virtue of a reduction in the number of outstanding
                    shares of Company Common Stock; provided, however, that such
                    Person shall not be an Exempt Person if, subsequent to such
                    reduction, such Person shall become the Beneficial Owner of
                    any additional shares of Company Common Stock.

     2. The terms "Agreement" and "Rights Agreement" as used in the Amended and
Restated Rights Agreement shall be deemed to refer to the Amended and Restated
Rights Agreement as amended hereby. This Amendment shall be effective as of the
date hereof and, except as set forth herein, the Amended and Restated Rights
Agreement shall remain in full force and effect and be otherwise unaffected
hereby.

     3. This Amendment may be executed (including by facsimile) in one or more
counterparts and by the different parties hereto in separate counterparts, each
of which when executed shall be deemed to be an original, but all of which taken
together shall constitute one and the same instrument.

                            [Signature Page Follows]

                                      -3-

<PAGE>

     IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
duly executed, all as of the date first above written.

ATTEST:                                      MOTHERS WORK, INC.

By:      /s/ Craig A. Swartz                 By: /s/ Rebecca C. Matthias
         -------------------                     -----------------------
         Craig A. Swartz                         Rebecca C. Matthias
         Assistant Secretary                     President

ATTEST:                                      STOCKTRANS, INC.

By:      /s/ Gina Hardin                     By: /s/ Christina Bastas
         ---------------                         --------------------
         Gina Hardin                             Christina Bastas
         Vice President                          Executive Vice PresidentEXHIBIT 4.2

PRESS RELEASE

Date: October 26, 2001

CONTACTS:

           David R. Alvord                    Jack H. Webb
           Chairman & CEO                     President
           Alliance Financial Corporation     Alliance Financial Corporation
           {607} 758-1201                     {315} 475-2100

                         Alliance Financial Corporation
                    Adopts Shareholder Protection Rights Plan

CORTLAND,  NEW YORK;  ONEIDA,  NEW YORK  {OCTOBER 26, 2001}  Alliance  Financial
Corporation  (NASDAQ:  ALNC)  announced  today that its Board of  Directors  has
adopted a  shareholder  protection  rights plan to help  protect  the  Company's
shareholders against hostile takeover attempts that are coercive or unfair.

A  shareholder  protection  rights  plan is a  dividend  of rights  to  existing
shareholders  to acquire  stock of a company  and is  designed  to  protect  the
company and its shareholders  against abusive takeover attempts and tactics.  In
essence,  the  rights  plan  operates  to  dilute  the  interests  of an  entity
attempting  to take  control of the  company if the attempt is not deemed by the
Board of Directors to be in the best interests of the shareholders. If the Board
of  Directors  of the  company  has  determined  that  the  offer is in the best
interests of the  shareholders,  the rights may be redeemed  for nominal  value,
allowing the entity to acquire control of the company.

"The  implementation  of a  shareholder  rights  plan will  enable  the Board of
Directors,  on  behalf  of  Alliance's   shareholders,   to  maximize  long-term
shareholder  value by  providing  a vehicle by which the Board will be  actively
involved in negotiating any potential acquisition," stated David R. Alvord. "The
rights plan was not adopted in response to any identified  takeover  overture or
threat, but is simply intended to provide time and flexibility that is essential
in obtaining the best potential return for our shareholders."

Under the plan adopted by the Board of Directors,  Series A Junior Participating
Preferred  Stock purchase Rights will be distributed as of the close of business
on October 29, 2001 to  shareholders  of record as of that date. The Rights will
initially  trade  with the  Common  Stock,  and will be  exercisable  and  trade
separately from the

<PAGE>

Common  Stock  only if a person  or group  acquires  or  announces  a tender  or
exchange  offer that would  result in such person or group  owning 20 percent or
more of the  Common  Stock of the  Company.  In the  event  the  person or group
acquires a 20 percent Common Stock  position,  the Rights allow other holders to
purchase  stock of the Company at a discount to market  value.  The Company will
generally  be entitled to redeem the Rights at $.001 per Right at any time prior
to the 10th day after a person or group has  acquired a 20 percent  Common Stock
position.  The Rights will expire on October 29, 2011 unless earlier redeemed or
exchanged.

The issuance of the Rights is not a taxable  event,  will not affect  Alliance's
reported financial  condition or results of operations  (including  earnings per
share) and will not change the way in which Alliance's Common Stock is currently
traded.  Further  information  regarding  the  rights  plan and a summary of the
Rights will be mailed to shareholders in the near future.

Alliance  Financial  Corporation is an independent bank holding company with one
subsidiary,  Alliance Bank,  N.A., that provides  banking,  trust and investment
services  through 20 community branch  locations in Cortland,  Madison,  Oneida,
Onondaga and Broome counties.

This press release contains certain  forward-looking  statements with respect to
the  financial  condition,  results  of  operations  and  business  of  Alliance
Financial  Corporation.  These forward-looking  statements involve certain risks
and  uncertainties.  Factors that may cause actual results to differ  materially
from  those  contemplated  by such  forward-looking  statements  include,  among
others, the following possibilities:  (1) an increase in competitive pressure in
the  banking  industry;  (2) changes in the  interest  rate  environment  reduce
margins;  (3)  changes  in the  regulatory  environment;  (4)  general  economic
conditions,  either nationally or regionally,  are less favorable than expected,
resulting in, among other things, a deterioration in credit quality; (5) changes
in business conditions and inflation; (6) changes in the securities markets; (7)
changes occur in technology used in the banking  business;  (8) the new Syracuse
area  branches do not attract the expected loan and deposit  customers;  (9) the
ability to maintain and increase  market  share and control  expenses;  and (10)
other factors detailed from time to time in the Company's SEC filings.

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