Document:

Ex-10.4 Extension and Agreement dated as of August

Exhibit 10.4

EXTENSION AND AMENDMENT AGREEMENT

     THIS EXTENSION AND AMENDMENT AGREEMENT (the “Agreement”) is entered into as of the
21st day of August, 2008 (the “Effective Date”) by and between Hollywood Media Corp., a
Florida corporation (the “Company”) and Laurie S. Silvers (the “Executive”).

WITNESSETH:

     WHEREAS, the Executive has served as President of the Company since its inception, and
presently serves in this capacity pursuant to a written Employment Agreement with the Company
entered into as of July 1, 1993, as amended by that certain Extension and Amendment Agreement
entered into as of July 1, 1998 between the Company and the Executive, by that certain Extension
and Amendment Agreement entered into as of July 1, 2003 between the Company and the Executive, by
that certain Extension and Amendment Agreement entered into as of May 31, 2004 between the Company
and the Executive (collectively, the “Current Employment Agreement”);

     WHEREAS, absent termination by either party by notice 30 days prior to the end of the Term of
the Current Employment Agreement (which Term is, absent extension or earlier termination, scheduled
to end on December 31, 2008), the Current Employment Agreement shall automatically renew for an
additional year through December 31, 2009;

     WHEREAS, the Executive possesses intimate knowledge of the business and affairs of the
Company, its policies, methods and personnel;

     WHEREAS, the Board of Directors (the “Board”) of the Company recognizes that the
Executive’s contribution to the growth and success of the Company has been and will continue to be
substantial and desires to assure the Company of the Executive’s continued employment in an
executive capacity and to compensate Executive therefore;

     WHEREAS, the Board has determined that entering into this Agreement to renew the Current
Employment Agreement will reinforce and encourage the Executive’s continued attention and
dedication to the Company; and

     WHEREAS, the Executive is willing to make her services available to the Company on the terms
and conditions hereinafter set forth.

     NOW, THEREFORE, for and in consideration of this Agreement and the Current Employment
Agreement, and the mutual benefits to be derived hereby and thereby, and the premises,
representations, warranties, covenants and other good and valuable consideration provided for
herein and therein, the receipt and sufficiency of which are hereby acknowledged, the parties,
intending to be legally bound, agree as follows, provided, however, that in the event of any
inconsistency between the Current Employment Agreement and this Agreement, this Agreement shall
take precedence (Unless otherwise expressly defined herein, all capitalized terms used herein shall
have the meanings set forth in the Current Employment Agreement):

 

 

          1. Confirmation of the Executive’s Duties. The Executive hereby confirms her duties
and commitments set forth in Section 1.2 of the Current Agreement.

          2. Renewal. This Agreement serves to confirm the agreement of the Company and the
Executive to waive any termination notice right set forth in the Current Employment Agreement with
respect to the Term of the Current Employment Agreement as scheduled to end on December 31, 2008,
and to have the Current
Employment Agreement automatically renew through December 31, 2009 in accordance with the
auto-renew of the Current Agreement, and thereafter automatically renew upon the terms of the
Current Agreement.

          3. Deletion of Section 2.4 Earn-Out Provision. Section 2.4 — Earn-Out Provision of
the Current Employment Agreement is hereby deleted in its entirety.

          4. Survival. Other than as specifically set forth above, no provision of this
Agreement shall be deemed to enlarge, alter or amend the terms or provisions of the Current
Employment Agreement. Except as provided in this Agreement, all other provisions, terms and
benefits set forth in the Current Employment Agreement shall remain in full force and effect.

          5. Counterparts. This Agreement may be executed in counterparts, each of which, when
executed, shall be deemed to be an original and all of which together shall be deemed to be one and
the same instrument.

     IN WITNESS WHEREOF, the parties hereto have or have caused their respective duly authorized
representatives to execute this Agreement as of the Effective Date.

	 	 	 	 	 
	 	COMPANY:

HOLLYWOOD MEDIA CORP.,

a Florida corporation

 	 
	 	By:  	/s/ Mitchell Rubenstein
 	 
	 	 	Mitchell Rubenstein

Chief Executive Officer 	 
	 	 	 	 
	 
	 	EXECUTIVE:

 	 
	 	/s/ Laurie S. Silvers
 	 
	 	Laurie S. SilversExhibit 10.1

Exhibit 10.1

Execution Copy

Second Amendment to First Lien Credit Agreement

          This Second Amendment, dated as of August 21, 2008 (this “Amendment”), to that certain First
Lien Credit Agreement, dated as of September 5, 2006 (as the same may be amended, restated,
supplemented or otherwise modified from time to time, the “First Lien Credit Agreement”), among
Hanesbrands Inc., a Maryland corporation (the “Borrower”), the various financial institutions and
other persons from time to time party thereto (the “Lenders”), HSBC Bank USA, National Association
and LaSalle Bank National Association and Barclays Bank PLC, as Co-Documentation Agents, Merrill
Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley Senior Funding, Inc., as the
Co-Syndication Agents, Citicorp USA, Inc., as administrative agent (in such capacity, the
"Administrative Agent”), Citibank, N.A., as the collateral agent (in such capacity, the “Collateral
Agent”) and Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley Senior Funding,
Inc., as the Joint Lead Arrangers and Joint Bookrunners, as amended by the First Amendment, dated
as of February 22, 2007 (the “First Amendment”), among the Borrower and the Lenders party thereto.
Capitalized terms used herein but not defined herein are used as defined in the First Lien Credit
Agreement.

W i t n e s s e t h:

          Whereas, the Borrower has requested that the Lenders amend the First Lien Credit
Agreement as set forth herein to increase the unsecured Indebtedness debt basket to provide
additional flexibility for the Borrower;

          Whereas, the Lenders signatory to an acknowledgment and consent to amendment in the
form attached as Exhibit A hereto (an “Acknowledgment and Consent to Amendment”) and the
Administrative Agent have consented to this Amendment on the terms and subject to the conditions
herein provided.

          Now, Therefore, in consideration of the foregoing, the mutual covenants and
obligations herein set forth and other good and valuable consideration, the adequacy and receipt of
which is hereby acknowledged, and in reliance upon the representations, warranties and covenants
herein contained, the parties hereto, intending to be legally bound, hereby agree as follows:

     Section 1. Amendment.

     (a) As of the Second Amendment Effective Date (as defined below), the Administrative Agent (on
behalf of the Required Lenders), the Borrower and the Lenders hereby agree that the First Lien
Credit Agreement shall be amended as set forth below:

          (i) Section 1.1 (Defined Terms) of the First Lien Credit Agreement is hereby amended
by inserting the following definitions in the appropriate alphabetical order:

          “Second Amendment” means the Second Amendment to this Agreement, dated as of August
21, 2008 by and among the Borrower, the Administrative Agent and the Subsidiary Guarantors.

          “Second Amendment Effective Date” means the Second Amendment Effective Date as defined
in the Second Amendment.

 

 

          (ii) The definition of “Loan Documents” in Section 1.1 (Defined Terms) of the First
Lien Credit Agreement is hereby amended and restated in its entirety as follows:

          “Loan Documents” means, collectively, this Agreement, the First Amendment, the Second
Amendment, the Notes, the Letters of Credit, each Rate Protection Agreement, the Fee Letter, the
Intercreditor Agreement, the Security Agreement, each Mortgage, each Foreign Pledge Agreement, each
other agreement pursuant to which the Collateral Agent is granted by the Borrower or its
Subsidiaries a Lien to secure the Obligations, the Guaranty and each other agreement, certificate,
document or instrument delivered in connection with any Loan Document, whether or not specifically
mentioned herein or therein.

          (iii) Section 7.2.2(b) is hereby amended and restated in its entirety as follows:

               (b) unsecured Indebtedness of the Obligors (i) under the Senior Note Documents and the Bridge
Loan Documents in an aggregate principal amount not to exceed $500,000,000, as such amount is
reduced on or after the Closing Date in accordance with the terms hereof and (ii) under senior
notes whether issued pursuant to a supplement to the Senior Note Indenture or any other senior note
indenture, the terms of which are reasonably satisfactory to the Administrative Agent, so long as
(x) the aggregate principal amount thereunder does not exceed $1,000,000,000 and (y) the proceeds
therefore are applied to repay Loans in accordance with clause (h) of Section 3.1.1;

          (iv) The introductory paragraph to Section 10.3 is hereby amended by deleting the words
“Mayer, Brown, Rowe & Maw LLP,”.

     Section 2. Conditions Precedent. This Amendment shall become effective as of the date
(the “Second Amendment Effective Date”) on which each of the following conditions precedent shall
have been satisfied or duly waived:

     (a) Certain Documents. The Administrative Agent shall have received each of the following:

          (i) this Amendment, duly executed by the Borrower, each Subsidiary Guarantor and the
Administrative Agent; and

          (ii) an Acknowledgment and Consent to Amendment, in the form set forth hereto as Exhibit A,
duly executed by the Required Lenders.

     (b) Payment of Costs and Expenses. The Administrative Agent and the Lenders shall have
received payment of all fees and reasonable out-of-pocket costs and expenses as required by Section
4 hereof.

     (c) Representations and Warranties. Each of the representations and warranties contained in
Section 3 below shall be true and correct.

     Section 3. Representations and Warranties. The Borrower and each Subsidiary Guarantor
hereby represents and warrants to the Administrative Agent and each Lender, as follows:

2

 

     (a) After giving effect to this Amendment, each of the representations and warranties in the
First Lien Credit Agreement and in the other Loan Documents are true and correct in all material
respects (except to the extent that such representation or warranty is qualified as to materiality,
in which case it shall be true and correct in all respects) on and as of the date hereof as though
made on and as of such date, except to the extent that any such representation or warranty
expressly relates to an earlier date, in which case such representation or warranty shall be true
and correct in all material respects (except to the extent that such representation or warranty is
qualified as to materiality, in which case it shall be true and correct in all respects) as of such
earlier date;

     (b) The Borrower and each Subsidiary Guarantor has taken all necessary action to authorize the
execution, delivery and performance of this Amendment, this Amendment has been duly executed and
delivered by the Borrower and each Subsidiary Guarantor, and this Amendment is the legal, valid and
binding obligation of the Borrower and each Subsidiary Guarantor, enforceable against it in
accordance with its terms, except as enforceability may be limited by applicable bankruptcy,
insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’
rights generally and by general equitable principles; and

     (c) At the time of and immediately after giving effect to this Amendment, no Default or Event
of Default has occurred and is continuing.

     Section 4. Costs and Expenses. The Borrower agrees to reimburse the Administrative
Agent for its costs and expenses in connection with this Amendment (and any other Loan Documents
delivered in connection herewith) as and to the extent provided in Section 10.3(a) (as amended
hereby) of the First Lien Credit Agreement.

     Section 5. Reference to and Effect on the Loan Documents.

     (a) As of the Effective Date, each reference in the First Lien Credit Agreement and the other
Loan Documents to “this Agreement,” “hereunder,” “hereof,” “herein,” or words of like import, and
each reference in the other Loan Documents to the First Lien Credit Agreement (including, without
limitation, by means of words like “thereunder”, “thereof” and words of like import), shall mean
and be a reference to the First Lien Credit Agreement as amended and as waived hereby with respect
to the certain requirements outlined above, and this Amendment and the First Lien Credit Agreement
shall be read together and construed as a single instrument.

     (b) Except as expressly amended hereby, all of the terms and provisions of the First Lien
Credit Agreement and all other Loan Documents are and shall remain in full force and effect and are
hereby ratified and confirmed.

     (c) The execution, delivery and effectiveness of this Amendment shall not, except as expressly
provided herein, operate as a waiver of any right, power or remedy of the Administrative Agent, any
Lender or any Issuer under the First Lien Credit Agreement or any Loan Document, or constitute a
waiver or amendment of any other provision of the First Lien Credit Agreement or any Loan Document
(as amended hereby) except as and to the extent expressly set forth herein.

     (d) Each of the Borrower and (by its acknowledgment hereof as set forth on the signature pages
hereto) each Subsidiary Guarantor, hereby confirms that the guaranties, security interests and
liens granted pursuant to the Loan Documents (as amended hereby) continue to

3

 

guarantee and secure the Obligations as set forth in the Loan Documents (as amended hereby)
and that such guaranties, security interests and liens remain in full force and effect.

     Section 6. Counterparts. This Amendment may be executed in any number of counterparts
and by different parties hereto in separate counterparts, each of which when so executed shall be
deemed to be an original and all of which taken together shall constitute one and the same
agreement. Receipt by the Administrative Agent of a facsimile (or other electronic transmission)
copy of an executed signature page hereof shall constitute receipt by the Administrative Agent of
an executed counterpart of this Amendment.

     Section 7. Governing Law. This Amendment and the rights and obligations of the
parties hereto shall be governed by, and construed and interpreted in accordance with, the law of
the State of New York.

     Section 8. Loan Document and Integration. This Amendment is a Loan Document, and
together with the other Loan Documents, incorporates all negotiations of the parties hereto with
respect to the subject matter hereof and is the final expression and agreement of the parties
hereto with respect to the subject matter hereof.

     Section 9. Headings. Section headings contained in this Amendment are included herein
for convenience of reference only and shall not constitute a part of this Amendment for any other
purposes.

     Section 10. Waiver of Jury Trial. Each Of The Parties Hereto Irrevocably Waives
Trial By Jury In Any Action Or Proceeding With Respect To This Amendment Or Any Other Loan
Document.

[Signature Pages Follow]

4

 

     In Witness Whereof, the parties hereto have caused this Amendment to be executed by
their respective officers and members thereunto duly authorized, as of the date indicated above.

	 	 	 	 	 
	 	Hanesbrands Inc.

        as Borrower

 	 
	 	By:  	/s/ Richard D. Moss
 	 
	 	 	Name:  	Richard D. Moss 	 
	 	 	Title:  	Senior Vice President and Treasurer 	 
	 

	 	 	 	 	 
	 	Citicorp USA, Inc.,

as Administrative Agent

 	 
	 	By:  	/s/ David Leland
 	 
	 	 	Name:  	David Leland 	 
	 	 	Title:  	Vice President 	 
	 

[Signature Page — Second Amendment to First Lien Credit Agreement]

 

 

     For the purposes of Sections 3 and 5(d) hereof, each Subsidiary Guarantor set forth below (i)
makes the representations set forth in Section 3 hereof on the Effective Date and (ii) hereby
consents to this Amendment and confirms that all guaranties, security interest and Liens granted by
it, and all its other obligations, pursuant to the Loan Documents (as amended hereby) remain in
full force and effect.

BA International, L.L.C. 

Caribesock, Inc. 

Caribetex, Inc. 

Casa International, LLC

Ceibena Del, Inc. 

Hanes Menswear, LLC

Hanes Puerto Rico, Inc. 

Hanesbrands Direct, LLC

Hanesbrands Distribution, Inc. 

HBI Branded Apparel Enterprises, LLC

HBI Branded Apparel Limited, Inc.

HBI International, LLC

HBI Sourcing, LLC

Inner Self LLC

Jasper-Costa Rica, L.L.C.

Playtex Dorado, LLC

Playtex Industries, Inc. 

Seamless Textiles, LLC

UPCR, Inc. 

UPEL, Inc.

	 	 	 	 	 
	 	 	 
	 	By:  	 /s/ Richard D. Moss
 	 
	 	 	Name:  	Richard D. Moss 	 
	 	 	Title:  	Treasurer 	 
	 

[Signature Page — Second Amendment to First Lien Credit Agreement]

 

 

Exhibit A

 

 

Acknowledgement and Consent to Amendment

	 	 	 
	To:

	 	Citicorp USA, Inc., as Administrative Agent
	 

	 	388 Greenwich Street
	 

	 	New York, New York 10013
	 
	 	 
	 

	 	Attention: [                    ]

               Re: Hanesbrands Inc. 

               Reference is made to that certain First Lien Credit Agreement, dated as of September 5, 2006
(as the same may be amended, restated, supplemented or otherwise modified from time to time, the
"First Lien Credit Agreement”), among Hanesbrands Inc., a Maryland corporation (the “Borrower”),
the various financial institutions and other persons from time to time party thereto (the
"Lenders”), HSBC Bank USA, National Association and LaSalle Bank National Association and Barclays
Bank PLC, as Co-Documentation Agents, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan
Stanley Senior Funding, Inc., as the Co-Syndication Agents, Citicorp USA, Inc., as administrative
agent (in such capacity, the “Administrative Agent”), Citibank, N.A., as the collateral agent (in
such capacity, the “Collateral Agent”) and Merrill Lynch, Pierce, Fenner & Smith Incorporated and
Morgan Stanley Senior Funding, Inc., as the Joint Lead Arrangers and Joint Bookrunners, as amended
by the First Amendment, dated as of February 22, 2007, among the Borrower and the Lenders party
thereto. Capitalized terms used herein but not defined herein are used as defined in the First
Lien Credit Agreement.

               The Borrower has requested that the Lenders consent to an amendment to the First Lien Credit
Agreement on the terms described in the Second Amendment (the “Amendment”), the form of which is
attached hereto.

               Pursuant to Section 10.1 of the First Lien Credit Agreement, the undersigned Lender hereby
consents to the terms of the Amendment and authorizes the Administrative Agent to execute and
deliver the Amendment on its behalf.

	 	 	 	 	 	 	 
	 	 	Very truly yours,	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Name of Lender	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name:	 	 
	 

	 	 	 	Title:	 	 

Dated as of                     , 2008

[Lender Acknowledgment to Second Amendment to First Lien Credit Agreement]

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