Document:

Amendment No. 9 to the Senior Credit Facility

 Exhibit 10.80 
 AMENDMENT NO. 9 TO THE SENIOR CREDIT FACILITY 
 AMENDMENT NO. 9 TO LOAN AND SECURITY AGREEMENT, dated
as of February 24, 2006, entered into by and among Wachovia Bank, National Association, successor by merger to Congress Financial Corporation (Florida), in its capacity as agent acting for and on behalf of the parties to the Loan Agreement (as
hereinafter defined) as lenders (in such capacity, “Agent”), the parties to the Loan Agreement as lenders (individually a “Lender” and collectively, “Lenders”), Supreme International, LLC, a Delaware limited liability
company formerly known as Supreme International, Inc. (“Supreme”), Jantzen, LLC, a Delaware limited liability company formerly known as Jantzen, Inc. (“Jantzen”), Perry Ellis Menswear, LLC, a Delaware limited liability company
formerly known as Perry Ellis Menswear, Inc. (“Perry Ellis Menswear”), Perry Ellis Europe Limited, formerly known as Farah Manufacturing (U.K.) Limited, a private limited company incorporated in England and Wales (“Perry
Europe”), Salant Holding, LLC, a Delaware limited liability company formerly known as Salant Holding Corporation (“Salant Holding” and together with Supreme, Jantzen, Perry Europe and Perry Ellis Menswear, each individually
“Borrower” and collectively, “Borrowers”), Perry Ellis International, Inc., a Florida corporation (“Parent”), PEI Licensing, Inc., a Delaware corporation (“PEI Licensing”), Jantzen Apparel, LLC, a Delaware
limited liability company formerly known as Jantzen Apparel Corp. (“Jantzen Apparel”), Supreme Real Estate I, LLC, a Florida limited liability company (“Supreme I”), Supreme Real Estate II, LLC, a Florida limited liability
company (“Supreme II”), Supreme Realty, LLC, a Florida limited liability company (‘Supreme Realty”), Supreme Munsingwear Canada Inc., a Canada corporation (“Supreme Canada”), Perry Ellis Shared Services Corporation, a
Delaware corporation (“PE Shared Services”), Winnsboro DC, LLC, a Delaware limited liability company (“Winnsboro”), Tampa DC, LLC, a Delaware limited liability company (“Tampa DC”), Perry Ellis International Group
Holdings Limited, a private company incorporated under the laws of Ireland having its principal place of business in the Bahamas (“Group Holdings”) and Perry Ellis Real Estate, LLC, a Delaware limited liability company formerly known as
Perry Ellis Real Estate Corporation (“PE Real Estate” and, together, with Parent, PEI Licensing, Jantzen Apparel, Supreme I, Supreme II, Supreme Realty, Group Holdings, PE Shared Services, Winnsboro, Tampa DC, and Supreme Canada, each
individually a “Guarantor” and collectively, “Guarantors”). 
 W I T N E S
S E T H : 
 WHEREAS, Agent, Lenders, Borrowers and Guarantors have entered into financing arrangements pursuant
to which Lenders (or Agent on behalf of Lenders) have made and may make loans and advances and provide other financial accommodations to Borrowers as set forth in the Loan and Security Agreement, dated October 1, 2002, by and among Agent,
Lenders, Borrowers and Guarantors, as amended by Amendment No. 1 to Loan and Security Agreement, dated June 19, 2003, Amendment No. 2 to Loan and Security Agreement, dated September 22, 2003, Amendment No. 3 to Loan and
Security Agreement, dated December 1, 2003, Amendment No. 4 to Loan and Security Agreement, dated February 25, 2004, Amendment No. 5 to Loan and 

  

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Security Agreement, dated July 1, 2004, Amendment No. 6 to Loan and Security Agreement, dated as of September 30, 2004, Amendment No. 7
to Loan and Security Agreement, dated as of February 26, 2005 and Amendment No. 8 to Loan and Security Agreement, dated as of September 30, 2005 (as the same may hereafter be further amended, modified, supplemented, extended, renewed,
restated or replaced, the “Loan Agreement”, and together with all agreements, documents and instruments at any time executed and/or delivered in connection therewith or related thereto, as from time to time amended, modified, supplemented,
extended, renewed, restated, or replaced, collectively, the “Financing Agreements”); 
 WHEREAS, Borrowers and Guarantors have
requested that Agent and Lenders agree to make certain amendments to the Loan Agreement, and Agent and Lenders are willing to do so, subject to the terms and conditions set forth in this Amendment No. 9; and 
 WHEREAS, by this Amendment No. 9, Agent, Lenders, Borrowers and Guarantors desire and intend to evidence such amendments. 
 NOW, THEREFORE, in consideration of the foregoing, the mutual agreements and covenants contained herein, and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 1. Definitions. 
 1.1 Additional Definition. As used herein, the following terms shall have the meanings given to them below, and the Loan Agreement
and the other Financing Agreements are hereby amended to include, in addition and not in limitation, the following definitions: 
 (a) “Amendment No. 9” shall mean Amendment No. 9 to Loan and Security Agreement by and among Agent, Lenders, Borrowers and Guarantors, as the same now exists or may hereafter be amended, modified, supplemented, extended,
renewed, restated or replaced. 
 (b) “Gotcha” shall mean Gotcha International, L.P., a Delaware limited
partnership. 
 (c) “Gotcha Acquisition” shall mean the acquisition of certain assets, including the Gotcha
Intellectual Property, by Parent from Gotcha, pursuant to the Asset Purchase Agreement, dated as of November 18, 2005, by and among Parent, Gotcha and its partners, as amended by the First Amendment to Asset Purchase Agreement dated as of
December 27, 2005 and the Second Amendment to Asset Purchase Agreement dated as of January 27, 2006 and as the same is in effect on the date hereof. 
 (d) “Gotcha Intellectual Property” shall mean the intellectual property of Gotcha acquired by Parent pursuant to the Gotcha
Acquisition. 
  

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 1.2 Amendment to Definition. The definition of “Excess Availability” in
Section 1.40 of the Loan Agreement is hereby amended by adding the following immediately before the period at the end thereof: 
 “;
provided, that, solely for the purpose determining Quarterly Average Excess Availability in connection with the calculation of the Applicable Margin during the period from March 1, 2006 through June 30, 2006, Excess
Availability shall be calculated without regard to the Loan Limit of any Borrower; provided, further, that, if Agent shall have received the notice, substantially in the form of Exhibit A to Amendment No. 9 (the
“Section 1.2 Termination Notice”), duly executed and delivered by Parent, then Section 1.2 of Amendment No. 9 shall terminate and cease to be in full force and effect commencing on the third Business Day after the receipt by
Agent of the Section 1.2 Termination Notice (it being understood and agreed that, once delivered by Parent to Agent, the Section 1.2 Termination Notice shall be irrevocable).” 
 1.3 Interpretation. For purposes of this Amendment No. 9, unless otherwise defined herein, all capitalized terms used herein
which are defined in the Loan Agreement shall have the meanings given to such terms in the Loan Agreement. 
 2. Collateral Matters.
Section 12.11(e) of the Loan Agreement is hereby amended by deleting such Section in its entirety and replacing it with the following: 
 “(e) [Intentionally Deleted]” 
 3. Gotcha Intellectual Property. Notwithstanding the provisions of
Section 9.10(i)(x) of the Loan Agreement and subject to Section 5 of this Amendment No. 9, Agent and Lenders waive the condition to the consummation of the Gotcha Acquisition that the security interest of Agent in any of the Gotcha
Intellectual Properly shall be filed with the United States Patent and Trademark Office or the United States Copyright Office. 
 4.
Representations. Warranties and Covenants. Borrowers and Guarantors, jointly and severally, represent, warrant and covenant with and to Agent and Lenders as follows, which representations, warranties and covenants shall survive the execution
and delivery hereof: 
 4.1 this Amendment No. 9 has been duly authorized, executed and delivered by all necessary action
on the part of each Borrower and Guarantor which is a party hereto and, if necessary, their respective stockholders, and is in full force and effect as of the date hereof, and the agreements and obligations of Borrowers and Guarantors contained
herein constitute legal, valid and binding obligations of Borrowers and Guarantors enforceable against them in accordance with their terms except as such enforceability may be limited by (i) bankruptcy, insolvency, reorganization, moratorium or
similar laws of general applicability affecting the enforcement of creditors’ rights and (ii) the application of general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law);

 4.2 neither this Amendment No. 9 nor the transactions contemplated hereby are in contravention of any applicable law,
or the terms of any agreement to which any Borrower or Guarantor is a party or by which any property of any Borrower or Guarantor is bound; 
 4.3 as of the date hereof, no Default or Event of Default exists or has occurred and is continuing; and 
  

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 4.4 as of the date hereof, no Person has any security interest or lien on any of the
Released Trademarks (as defined below), other than Agent, Senior Note Trustee and Letter of Credit Issuers. 
 5. Release of Lien on
Trademark Collateral. 
 (a) Upon the satisfaction of the conditions set forth in Section 5(b) hereof, (i) Agent
shall release and terminate its security interest in and lien on the trademarks, service marks, trade names, trade styles, service marks, trademark applications and service mark applications of Borrowers and Guarantors, all licenses and rights of
Borrowers and Guarantors to use any of the foregoing, all extensions, renewals, reissues, divisions, continuations, and continuations-in-part of any of the foregoing, and all rights of Borrowers and Guarantors to sue for past, present or future
infringement of any of the foregoing (collectively, the “Released Trademarks”) and (ii) the term “Collateral” as used in the Loan Agreement and the other Financing Agreements shall not include the Released Trademarks.

 (b) The effectiveness of the release and termination contained in Section 5(a) hereof shall only be effective upon the
satisfaction of each of the following conditions precedent in a manner satisfactory to Agent: 
 (i) Agent shall have
received evidence, in form and substance satisfactory to Agent, that each Letter of Credit Issuer shall have released and terminated its security interest in and lien on the Released Trademarks; 
 (ii) Agent shall have received evidence, in form and substance satisfactory to Agent, that Senior Note Trustee shall have released and
terminated its security interest in and lien on the Released Trademarks; and 
 (iii) the conditions precedent in
Section 7 hereof shall have been satisfied. 
 (c) Nothing contained herein shall be deemed to be a release or
termination by Agent of (or an agreement by Agent to release or terminate) any security interest in or lien on any assets of Borrowers or Guarantors other than the Released Trademarks, all of which shall continue in full force and effect.

 6. Limited License to Use Released Trademarks. For the purpose of enabling Agent to exercise the rights and remedies under the Loan
Agreement and the other Financing Agreements, each Borrower and Guarantor hereby grants to Agent an irrevocable, non-exclusive license (exercisable at any time an Event of Default shall exist or have occurred and for so long as the same is
continuing) without payment of royalty or other compensation to any Borrower or Obligor, to use, license or sublicense any of the Released Trademarks, whether now owned or hereafter acquired, wherever the same may be located, including in such
license reasonable access to all media in which any of the foregoing items may be recorded or stored and to all computer programs used for the compilation or printout thereof. 
  

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 7. Conditions Precedent. The effectiveness of the amendments contained herein shall only be
effective upon the satisfaction of each of the following conditions precedent in a manner satisfactory to Agent: 
 7.1 Agent
shall have received executed counterparts of this Amendment No. 9, duly authorized, executed and delivered by Borrowers, Guarantors and the Required Lenders; 
 7.2 No Default or Event of Default shall exist or have occurred and be continuing; 
 7.3 Agent shall have received, in form and substance satisfactory to Agent, (a) a Collateral Assignment of Acquisition Agreements,
duly authorized, executed and delivered by Parent and (b) the consent of Gotcha to such Collateral Assignment of Acquisition Agreements, duly authorized, executed and delivered by Parent and Gotcha; and 
 7.4 Agent shall have received, in form and substance satisfactory to Agent, all consents, waivers, acknowledgments and other agreements
from third persons which Agent may deem necessary or reasonably desirable in order to effectuate the provisions of this Amendment No. 9. 
 8. Redemption of Senior Notes. Agent, for itself and on behalf of the Lenders, hereby (a) acknowledges receipt of notice from Parent pursuant to Section 9.9(f)(v)(A)(1) of the Loan Agreement of Parent’s intention to
redeem all of the outstanding Senior Notes on or about March 15, 2006, in accordance with the terms of Section 9.9(f)(v)(A) of the Loan Agreement, at a redemption price equal to 102.375% of the aggregate outstanding principal amount of the
Senior Notes and (b) waives all further notice required by Section 9.9(f)(v)(A) of the Loan Agreement, provided, that, Borrowers and Guarantors comply with clauses (2) and (3) of such Section 9.9(f)(v)(A).

 9. Effect of this Amendment. This Amendment No. 9 and the instruments and agreements delivered pursuant hereto (if any)
constitute the entire agreement of the parties with respect to the subject matter hereof and thereof, and supersede all prior oral or written communications, memoranda, proposals, negotiations, discussions, term sheets and commitments with respect
to the subject matter hereof and thereof. Except as expressly amended pursuant hereto, no other changes or modifications to the Financing Agreements are intended or implied, and in all other respects the Financing Agreements are hereby specifically
ratified, restated and confirmed by all parties hereto as of the effective date hereof. To the extent that any provision of the Loan Agreement or any of the other Financing Agreements are inconsistent with the provisions of this Amendment
No. 9, the provisions of this Amendment No. 9 shall control. 
 10. Amendment Fee. Borrowers shall pay to Agent, for the
account of Lenders (in accordance with the arrangements between Agent and Lenders), a monthly amendment fee in the amount equal to $15,000 per month, which fee shall be payable in advance on the first day of each month, commencing on March 1,
2006 and ending June 1, 2006; provided, that, Borrowers shall not be obligated to pay such amendment fee for any month if Section 1.2 of Amendment No. 9 shall have been terminated and ceased to be in full force and
effect prior to the first day of 

  

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such month in accordance with the terms of the second proviso to the definition of Excess Availability set forth in Section 1.40 of the Loan Agreement.
Once paid the foregoing fees shall be fully earned and nonrefundable. Agent may, at its option, charge any of the foregoing fees to any loan account of Borrowers maintained with Agent. 
 11. Further Assurances. Each Borrower and Guarantor shall execute and deliver such additional documents and take such additional action as may be
reasonably requested by Agent to effectuate the provisions and purposes of this Amendment No. 9. 
 12. Governing Law. The rights
and obligations hereunder of each of the parties hereto shall be governed by and interpreted and determined in accordance with the internal laws of the State of Florida (but excluding any principles of conflicts of law or other rule of law that
would cause the application of the law of any jurisdiction other than the laws of the State of Florida). 
 13. Binding Effect. This
Amendment No. 9 shall be binding upon and inure to the benefit of each of the parties hereto and their respective successors and assigns. 
 14. Counterparts. This Amendment No. 9 may be executed in any number of counterparts, but all of such counterparts shall together constitute but one and the same agreement. In making proof of this Amendment No. 9, it shall
not be necessary to produce or account for more than one counterpart thereof signed by each of the parties hereto. Delivery of an executed counterpart of this Amendment No. 9 by telecopier or other method of electronic transmission shall have
the same force and effect as delivery of an original executed counterpart of this Amendment No. 9. Any party delivering an executed counterpart of this Amendment No. 9 by telecopier or other method of electronic transmission also shall
deliver an original executed counterpart of this Amendment No. 9, but the failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Amendment No. 9 as to such party or any
other party. 
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 [SIGNATURES CONTINUED FROM PRECEDING PAGE] 
  

									
		 		 	 PERRY ELLIS SHARED SERVICES CORPORATION

					
		 		 		 	 By:
	 	 /s/    Illegible

					
		 		 		 	 Title:
	 	 CFO

			
		 		 	 WINNSBORO DC, LLC

					
		 		 		 	 By:
	 	 Perry Ellis International, Inc.,
 its Managing Member

					
		 		 		 	 By:
	 	 /s/    Illegible

					
		 		 		 	 Title:
	 	 CFO

			
		 		 	 TAMPA DC, LLC

					
		 		 		 	 By:
	 	 Perry Ellis International, Inc.,
 its Managing Member

					
		 		 		 	 By:
	 	 /s/    Illegible

					
		 		 		 	 Title:
	 	 CFO

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

					
		 		 		 	 By:
	 	 Perry Ellis International, Inc.,
 its Managing Member

					
		 		 		 	 By:
	 	 /s/    Illegible

					
		 		 		 	 Title:
	 	 CFO

				
	

	 		 	 By:
	 	 /s/    Illegible

 [SIGNATURES CONTINUE ON FOLLOWING PAGE] 

 [SIGNATURES CONTINUED FROM PRECEDING PAGE] 
  

									
		 		 	 JANTZEN APPAREL, LLC,
 formerly known as
Jantzen Apparel Corp.

					
		 		 		 	 By:
	 	 PEI Licensing, Inc.,
 its Managing Member

					
		 		 		 	 By:
	 	 /s/    Illegible

					
		 		 		 	 Title:
	 	 CFO

			
		 		 	 SUPREME REAL ESTATE I, LLC

					
		 		 		 	 By:
	 	 /s/    Illegible

					
		 		 		 	 Title:
	 	 CFO

			
		 		 	 SUPREME REAL ESTATE II, LLC

					
		 		 		 	 By:
	 	 /s/    Illegible

					
		 		 		 	 Title:
	 	 CFO

			
		 		 	 SUPREME REALTY, LLC

					
		 		 		 	 By:
	 	 /s/    Illegible

					
		 		 		 	 Title:
	 	 CFO

				
	

	 		 	 By:
	 	 /s/    Illegible

 [SIGNATURES CONTINUE ON FOLLOWING PAGE] 

 [SIGNATURES CONTINUED FROM PRECEDING PAGE] 
  

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

					
		 		 		 	 By:
	 	 /s/    Illegible

					
		 		 		 	 Title:
	 	 CFO

					
		 		 		 	 By:
	 	  
					
		 		 		 	 Title:
	 	  
			
		 		 	 Present when the Common Seal of
 PERRY ELLIS INTERNATIONAL GROUP
 HOLDINGS LIMITED hereunto offered

					
		 		 		 	 By:
	 	 /s/    Illegible

					
		 		 		 	 Title:
	 	 CFO

					
		 		 		 	 By:
	 	  
					
		 		 		 	 Title:
	 	  
			
		 		 	 PERRY ELLIS INTERNATIONAL, INC.
 PEI LICENSING, INC.

					
		 		 		 	 By:
	 	 /s/    Illegible

					
		 		 		 	 Title:
	 	 CFO

			
		 		 	 SUPREME MUNSINGWEAR CANADA, INC.

					
		 		 		 	 By:
	 	 /s/    Illegible

					
		 		 		 	 Title:
	 	 CFO

				
	

	 		 	 By:
	 	 /s/    Illegible

 [SIGNATURES CONTINUE ON FOLLOWING PAGE] 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 9 to be duly executed and
delivered by their authorized officers as of the day and year first above written. 
  

									
		 		 	 SUPREME INTERNATIONAL, LLC,
 formerly known as Supreme International, Inc.

					
		 		 		 	 By:
	 	 Perry Ellis International, Inc.,
 its Managing Member

					
		 		 		 	 By:
	 	 /s/    Illegible

					
		 		 		 	 Title:
	 	 CFO

			
		 		 	 JANTZEN,  LLC,
 formerly  known as Jantzen, Inc.

					
		 		 		 	 By:
	 	 Perry Ellis International, Inc.,
 its Managing Member

					
		 		 		 	 By:
	 	 /s/    Illegible

					
		 		 		 	 Title:
	 	 CFO

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

					
		 		 		 	 By:
	 	 Perry Ellis International, Inc.,
 its Managing Member

					
		 		 		 	 By:
	 	 /s/    Illegible

					
		 		 		 	 Title:
	 	 CFO

			
		 		 	 SALANT HOLDING, LLC,
 formerly known as Salant Holding Corporation

					
		 		 		 	 By:
	 	 Perry Ellis International, Inc.,
 its Managing Member

					
		 		 		 	 By:
	 	 /s/    Illegible

					
		 		 		 	 Title:
	 	 CFO

				
	

	 		 	 By:
	 	 /s/    Illegible

 [SIGNATURES CONTINUE ON FOLLOWING PAGE] 

 [SIGNATURES CONTINUED FROM PRECEDING PAGE] 
  

									
	 AGREED:
	 		 	
			
	 WACHOVIA BANK, NATIONAL ASSOCIATION,
 successor by merger to Congress Financial Corporation (Florida), as Agent and a Lender
	 		 	
					
	By:	 	 /s/    Illegible
	 		 		 	
					
	 Title:
	 	 Managing Director
	 		 		 	
			
	THE CIT GROUP/COMMERCIAL SERVICES, INC.	 		 	
					
	By:	 	 /s/    Illegible
	 		 		 	
					
	 Title:
	 	 Vice President
	 		 		 	
			
	 THE ISRAEL DISCOUNT BANK OF NEW YORK
	 		 	
					
	By:	 	 /s/    Illegible
	 		 	By:	 	 /s/    Illegible

					
	 Title:
	 	 Senior Vice President
	 		 	 Title:
	 	 Vice President

 [SIGNATURES CONTINUE ON FOLLOWING PAGE] 

 [SIGNATURES CONTINUED FROM PRECEDING PAGE] 
  

			
	 HSBC BANK USA, NATIONAL ASSOCIATION

		
	 By:
	 	 /s/    Barbara Baltar

		
	 Title:
	 	 First Vice President

	
	 HSBC BUSINESS CREDIT (USA) INC.

		
	 By:
	 	 /s/    Illegible

		
	 Title:
	 	 First Vice President

	
	 BURDALE FINANCIAL LIMITED

		
	 By:
	 	 /s/    Illegible

		
	 Title:
	 	 Director

 Exhibit A 
 Section 1.2 Termination Notice 
 [Letterhead of Perry Ellis International, Inc.] 
                     ,
          
 Wachovia Bank, National Association, as Agent 

110 East Broward Boulevard 
 Fort Lauderdale, Florida 33301 
  

	 	Re:	Loan and Security Agreement, 

	 	    	dated October 1, 2002, as amended 

 Ladies and Gentlemen: 
 Wachovia Bank, National Association, successor by merger to Congress Financial Corporation (Florida), in
its capacity as agent pursuant to the Loan Agreement (as hereinafter defined) acting for and on behalf of the parties thereto as lenders (in such capacity, “Agent”) and the parties to the Loan Agreement as lenders (collectively,
“Lenders”) have entered into financing arrangements with Perry Ellis International, Inc. (“Parent”) and certain of its affiliates pursuant to the Loan and Security Agreement, dated October 1, 2002 (as heretofore amended and
as the same may be further amended, modified, supplemented, extended, renewed, restated or replaced, the “Loan Agreement”), by and among Agent, Lenders, Parent and certain affiliates of Parent. Capitalized terms used herein and not
otherwise defined herein shall have the meanings set forth in the Loan Agreement. 
 In accordance with the terms of Amendment No. 9,
this will serve to notify you that, effective on the third Business Day after the receipt by Agent of this notice, Section 1.2 of Amendment No. 9 shall terminate and cease to be in full force and effect. This notice is the Section 1.2
Termination Notice and shall be irrevocable. 
 Except as expressly provided in the immediately preceding paragraph, the undersigned (on
behalf of Borrowers and Guarantors) hereby agrees that no other changes or modifications to the Financing Agreements (including, without limitation, Amendment No. 9) are intended or implied and in all other respects the Financing Agreements
(including, without limitation, Amendment No. 9) are hereby specifically ratified, restated and confirmed as of the date hereof. 
 Delivery of an executed copy of this notice by telecopier or other method of electronic transmission shall have the same force and effect as delivery of an originally executed copy of this notice. 
  

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	 Sincerely,

	
	 PERRY ELLIS INTERNATIONAL, INC.

		
	 By:
	 	  
		
	 Title:
	 	  

  

 2Holish Enterprises business lease

 Exhibit 10.81 
 LEASE 
 DATE: July 1, 2004 
  

			
	LANDLORD:	  	Holish Enterprises
		
	TENANT:	  	 Supreme International, Inc., a Delaware corporation’, its successors, assigns and/or affiliates
 3000 N.W. lO Avenue, Miami, Florida 33172

		
	PREMISES:	  	3 Bays consisting of 8,000 square feet per Bay in the building (the “Building”) located at 4810 N.W. 72 Avenue, Miami, Florida.
		
	TERM:	  	 Begins: July 1, 2004
 Ends:    one year
after the Commencement Date (Commencement Date)

		
	BASIC MONTHLY RENT:	  	$3,166.66 per month per Bay
		
	SECURITY DEPOSIT:	  	N/A

 1. LEASE. Landlord, in consideration of the rents to be paid and the undertakings to be performed by the
Tenant, leases to Tenant the three Bays in the Premises for the Term, together with the non-exclusive right to use the parking areas and other common areas which may be designated by Landlord from time to time for use in connection with the Premises
in common with others entitled to use the same. In the event the Tenant shall no longer require a Bay, Tenant shall notify the Landlord in writing 30 days prior to the date that the Tenant shall not longer wish to lease a Bay. Tenant, upon paying
the Rent and performing its obligations under this Lease, may peacefully and quietly enjoy the Premises during the Term, subject to the provisions of this Lease. 
 2. RENT. Tenant hires the Premises for the stated Term and agrees to pay the stated Basic Monthly Rent together with applicable Florida sales tax on all such payments in advance on the first day of each month during the Term, without
demand, setoff or deductions, and to perform the undertakings herein set forth. In addition, Tenant shall pay to Landlord its pro-rata share of the following costs associated with the Building: real estate taxes, insurance and maintenance. Rent
shall be paid to such place as Landlord may designate from time to time. The Basic Monthly Rent shall be increased if the Consumer Price Index — U.S. City Average — All urban Consumers (“Index”) as published by the United States
Department of Labor’s Bureau of Labor Statistics, increases over the Base Period Index (as defined herein). The Base Period Index shall be the Index for the calendar month, which is four months prior to the Commencement Date (i.e. March 1,
2004). The Base Period Index shall be compared with the Index for the same calendar month for each subsequent year (the “Comparison Month”). If the Index for any Comparison Month is higher than the Base Period Index, then the Basic Monthly
Rent for the next year shall be increased by. The identical percentage. In no event shall the Basic Monthly Rent be reduced to an amount less than the prior months Basic Monthly Rent. Should the Bureau discontinue the 

 
publication of the above Index, or publish the same less frequently, or alter same, in some other manner, then Landlord shall adopt a substitute index or
substitute procedure which reasonable reflects and monitors consumer prices. 
 3. USE AND OCCUPANCY. During the Term of this Lease; the Premises
shall be used and occupied for office, commercial warehouse and incidental purposes and for no other purpose without the prior written consent of Landlord. Tenant shall not use the Premises for any purpose in violation Of any law, municipal
ordinance, or regulation, nor shall Tenant perform any acts or carry on any practices which may injure the Premises or the Building in which the Premises are located or be a nuisance, disturbance or menace to other tenants of the Building, if any.
Landlord may promulgate reasonable and uniform rules and regulations of a type similar to those in force in other similar buildings, ‘which shall be applicable all tenants f the Building. Tenant and its. Agents and employees shall comply with
all of such rules and regulations. 
 4. CONDITION OF PREMISES. Tenant acknowledges and agrees that it is currently’ occupying the Premises and
acknowledges and agrees that the Premises are in good and satisfactory condition. Landlord shall have no other obligation to make any repairs or to remodel the Premises. 
 5. UTILITIES AND SERVICES. Tenant shall pay throughout the Term all charges and expenses for all utilities servicing the Premises, including, but not limited to, charges for gas, telephone, electricity and
water. Tenant shall pay all charges for metered water, sewer service charges and other fees or charges lawfully imposed by any public. Authority upon or in connection with the Premises, if any. 
 6. MAINTENANCE AND ALTERATIONS; MECHANICS LIENS. During the Term, Tenant shall keep the Premises in good repair and in tenantable condition and at the expiration
of the Term shall yield and deliver up the same in like condition as when taken, reasonable use and wear thereof excepted. Tenant shall not make any alterations to the Premises without Landlord’s prior written consent. All alterations,
additions or improvements made by either Landlord or Tenant shall be the property of Landlord and shall remain upon tile Premises at the termination of this Lease, except that Tenant may remove all movable office furniture and equipment installed by
Tenant and Tenant shall remove all other alterations, additions or improvements installed by Tenant as Landlord may direct. Tenant shall, at Tenant’s expense, repair any damage to the Premises caused by the installation or removal of such
furniture, fixtures, alterations or additions so removed and shall restore the Premises to its original condition. Landlord shall make all necessary repairs and replacements to the Building in which the Premises are located, and to the common areas,
and Landlord shall also make all repairs to the Premises which are structural in nature or required due to fire, casualty, or other act of God provided, however, that Tenant shall make all repairs and replacements arising from its act, neglect or
default. In the event that Landlord shall deem it necessary, or be required by any governmental authority to repair, alter, remove, construct or improve any part of the Premises or the Building in which the Premises are located (unless the same
result from Tenant’s act, neglect, default or mode of operation in which event Tenant shall make all such repairs, alterations and improvements) then the same shall be made by Landlord with reasonable dispatch. Tenant shall keep the Premises
and all parts thereof at all times free of mechanic’s liens and any other lien for labor, services, supplies,, equipment or material purchased or procured, directly or indirectly, by or for Tenant. Tenant further agrees that Tenant shall
promptly pay and satisfy all liens of contractors, subcontractors, mechanics, laborers, material men, and other items of like character, and will 

 
indemnify Landlord against all expenses, costs, and charges, including bond premiums for release of liens and attorneys fees and costs reasonably incurred in
and about the defense of any suit in discharging the Premises, from any liens, judgments, or encumbrances caused by Tenant. 
 7. ASSIGNMENT AND
SUBLETTING. Tenant may not assign, transfer, mortgage, pledge, or otherwise encumber or dispose of this Lease or any interest therein or sublet the Premises or any part thereof, without the prior written consent of Landlord, which consent shall
not be unreasonably withheld, conditioned or delayed. : 
 8. ACCESS. Landlord shall have the right to enter upon the Premises upon advance written
notice to Tenant for the making of inspections, repairs or alterations as Landlord may deem reasonably necessary, to exhibit the Premises to others, and for any purpose related to the safety, protection, operation or improvements of the Building.

 9. FIRE. If the Premises are damaged or destroyed by fire or other casualty insured under standard fire and extended covering insurance, Landlord
shall repair and restore the same with reasonable dispatch. The obligation of Landlord to restore is limited to the condition the Premises were in prior to any damage. Rent shall abate pro rata in proportion to the extent of untenantability until
the Premises shall be restored to a tenantable condition. Notwithstanding any other provision herein, if damage to the Building is so extensive that the same cannot reasonably be repaired within 180 days,’ or if Landlord elects not to restore
the Building 
 To its form prior to damage, Landlord may terminate this Lease by notice in writing to Tenant. If the Premises are not returned to a
tenantable condition within 180—days, other than by reason of cause beyond the reasonable control of Landlord, Tenant may terminate this Lease by notice in writing to Landlord within 15 days after the expiration of the 180 days period. Neither
Landlord nor Tenant nor their respective employees shall have any liability to the other by reason of any
                         or damage, however caused and without regard to negligence or fault, to the extent that the same
is reimbursed by insurance held by the injured party under a policy or policies which permit this waiver. 
 10. EMINENT DOMAIN. If all of the
Premises or the use and occupancy thereof are taken under the power of eminent domain, this Lease shall terminate at the time of such taking. If any portion of the Building or the use and occupancy thereof shall be taken under the power of eminent
domain, Landlord may, at Landlord’s option. At any time after the entry of the verdict or order of such taking, terminate this Lease by not less than 30 days’ notice in writing to Tenant. If 20% or more of the Premises shall be taken and
the remainder is unsuitable for Tenant’s purposes, Tenant may terminate this Lease by notice in writing to Landlord within 30 days after the taking, and in such event, Tenant shall vacate within 30 days after such termination. If Tenant does
not terminate, rent shall be reduced in proportion to the area of the Premises taken. All damages and compensation awarded for any taking under the power of eminent domain shall belong to and be the property of Landlord whether such damage or
compensation is awarded for the leasehold or the fee or other interest of Landlord or Tenant in the Premises. 
 11. INDEMNITY AND LIABILITY
INSURANCE. Tenant shall indemnify and hold Landlord harmless from all liability for damages to person or property in, on or from the Premises from any cause whatsoever other than the negligent or wrongful act of Landlord and from all liability
by reason of any negligent or wrongful act of Tenant. Tenant shall procure and keep in effect during the term of this Lease comprehensive general and public liability and property damages insurance naming Landlord and Tenant as insured’s with
limits of not less than 

 
$1,000,000.00 for damages resulting to one person, $1,000,000.00 for damages resulting from any one occurrence, and $1,000,000.00 for damages to property
resulting from one occurrence. Tenant shall deliver policies of such insurance or certificates thereof to Landlord as and when such policies are renewed, and upon request by Landlord, which shall provide that the same may not be canceled without
giving 30 days prior written notice to Landlord. 
 12. DEFAULT. The following events shall be deemed to be events of default by Tenant under this
Lease: (a) Tenant shall fail to pay any Rent or other sums payable by Tenant hereunder as and when such Rent or other sums become due and payable and such default shall continue for ten (10) days after Landlord shall have given to Tenant a
notice of such default, or (b) Tenant shall default in the performance of or compliance with any other covenants, agreements, terms, conditions or obligations of Tenant under this Lease and such default shall continue for thirty (30) days
after Landlord shall have given to Tenant a notice specifying the nature of such default. 
 Upon occurrence of any event of default and after the applicable
cure period has lapsed, Landlord shall have the option to elect any one or more of the following remedies: 
 (a) Terminate this Lease, in
which event Tenant shall immediately surrender the Premises to Landlord, but if Tenant shall fail so to do, Landlord may without notice and without prejudice to any other remedy Landlord may have, enter upon and take possession of the Premises and
expel or remove Tenant and its effects without being liable to prosecution or any claim for damages therefore. 
 (b) Declare the entire
amount of the Rent which would have become due and payable during the remainder of the Term of this Lease to be due and payable immediately in which event Tenant agrees to pay the same to Landlord at once it being agreed that such payment shall
constitute payment in advance of the Rent stipulated for the remainder of the Term. 
 (c) Enter upon and take possession of the Premises as
the agent of Tenant without being liable to prosecution or any claim for damages therefore, and Landlord may relent the Premises as the agent of Tenant and receive the Rent therefore, in which event Tenant shall pay to Landlord on demand the cost of
renovating, repairing and altering the Premises for a new tenant or tenants and any deficiency that may arise by reason of such reletting; provided, however, that Landlord shall have no duty to relet the Premises and the failure of Landlord to relet
the Premises shall not release or affect Tenant’s liability for Rent or for damages. 
 (d) Landlord may undertake whatever action
Tenant is obligated to perform by the provisions of this Lease and may enter the Premises without being liable to prosecution or any claim for damages therefore, in order to accomplish this purpose. Tenant agrees to reimburse Landlord immediately
upon demand for any expenses, which Landlord may incur in thus effecting compliance with this Lease on behalf of Tenant. 
 Forbearance by Landlord in
enforcing one or more of the remedies herein provided upon an event of default shall not be deemed or construed to constitute a waiver of any other violation or default. 
 13. NOTICES. All notices provided herein shall be in writing. Any notice to Tenant may be served at the Premises by hand delivery, express overnight delivery, or by mailing by first-class mail, postage prepaid,
addressed to the Premises, unless a different mailing address shall have been designated by written notice received by Landlord. Any notice to Landlord shall be served 

 
by express overnight delivery, or by depositing the same in the mail, certified mail, return receipt requested, with postage prepaid, addressed to the
address at which Rent is paid hereunder. 
 14. SIGNS; ADVERTISING. Tenant shall erect no signs on or about the Premises without the prior written
consent of the Landlord, which consent shall not be unreasonably withheld, conditioned or delayed. Tenant hereby agrees to conform to Landlord’s established sign code. 
 15. APPLICABLE LAW. This Lease Agreement shall be construed under the laws of the State of Florida and enforcement hereof may be subject to bankruptcy, insolvency, reorganization, moratorium, and similar laws
affecting the enforcement of creditors’ rights generally and general principles of equity (regardless of whether such enforcement is considered in a proceeding in equity or at law). 
 16. GENERAL. This Lease does not create the relationship of principal and agent or of partnership or of joint venture or of any association between Landlord, and Tenant, the sole relationship between Landlord
and Tenant being that of Landlord and Tenant. No waiver of any default of Tenant hereunder shall be implied from any omission by Landlord to take any action on account of such default is such default persists or is repeated, and no express waiver
shall be effective unless in writing signed by Landlord and then only for the time and to the extent therein stated. The marginal or topical headings of the several articles, paragraphs and clauses are for convenience only and do not define, limit
or construe the contents of such Articles, paragraphs, or clauses. This Lease can only be modified or amended by an agreement in writing signed by the parties hereto. All provisions hereof shall be binding upon the heirs, successors and assigns of
each party hereto. 
 17. ENTIRE AGREEMENT. This Lease shall constitute the entire agreement of the pasties hereto; all prior agreements between the
parties, whether written or oral, are merged herein and shall be of no force and effect except as stated herein. This Lease cannot be changed, modified or discharged orally but only by an agreement in writing, signed by the party against whom
enforcement of the change, modification or discharge is sought. 
 18. UNLAWFUL USE. Tenant agrees not to commit or permit any act to be performed on
the Premises or any omission to occur which shall be in violation of any Statute, regulation or ordinance of any governmental body or which will increase the insurance rates on the Building or which will be in violation of any insurance policy
carried on the Building by the Landlord. The Tenant shall not disturb other occupants of the Building by making any undue or unseemly noise or otherwise shall not do or permit to be done in or about the Premises anything, which will be dangerous to
other Tenants or occupants within the Building. 
 19. ESTOPPELS CERTIFICATE. Tenant from time to time shall, upon request by Landlord, execute,
acknowledge and deliver to Landlord a written statement certifying that this Lease is unmodified and in full force and effect (or that the same is in full force and effect as modified), the dates to which Rent and other charges have been paid; that
Landlord is not in default hereunder (or specifying the nature of any default Tenant claims to exist at the time of such certification), and such other matters pertaining to this Lease and Tenant’s occupancy of the Premises as Landlord may
request. Any such statement delivered pursuant to this Paragraph may be relied upon by Landlord, prospective purchasers of Landlord’s interest or mortgagee of Landlord’s interest in the Building. 

 20. SUBORDINATION AGREEMENT. This Lease is subject and subordinate to any and all mortgages now or hereafter
placed on the Premises. Tenant agrees to execute any forms or agreements that may reasonably be requested by Landlord and any mortgagee provided that such mortgagee delivers a non- disturbance agreement to Tenant in a form reasonably acceptable to
Tenant. Tenant shall, in the event any proceedings are brought forth the foreclosure of, or in the event of exercise of the power of sale under any mortgage made by Landlord, covering the Premises, attorney to the purchaser upon any foreclosure of
sale and recognize such purchaser as Landlord under the Lease. Additionally, in the event of the sale of Landlord’s interest in the Premises, Tenant shall attorney to the purchaser thereof. 
 21. RADON. Pursuant to Florida Statutes, Section 404.056 the following disclosure is required by law: Radon is a naturally occurring radioactive gas that,
when it has accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of Radon that exceed federal and state guidelines have been found in buildings in Florida. Additional
information regarding Radon and Radon testing may be obtained from your county public health unit. 
 [APPEAR ON THE FOLLOWING PAGE]

 IN WITNESS WHEREOF, the parties have executed this Lease as of the day and year first
written above 
  

									
	WITNESSES:	 		 	LANDLORD:
			
	  	 		 	HOLISH ENTERPRISES
					
	 Print Name:
	 	  	 		 	  	 	  
				
	  	 		 		 	
					
	 Print Name:
	 	  	 		 		 	
			
		 		 	TENANT:
			
	  	 		 	 SUPREME INTERNATIONAL, INC. a
 Delaware corporation

					
	 Print Name:
	 	  	 		 	 By:
	 	  
				
		 		 	 Print Name:
	 	  
				
	  	 		 	 Title:
	 	  
					
	 Print Name:
	 	  	 		 		 	

 IN WITNESS WHEREOF, the parties have executed this Lease as of the day and year first written above 
  

									
	WITNESSES:	 		 	LANDLORD:
			
	  	 		 	HOLISH ENTERPRISES
					
	 Print Name:
	 	  	 		 	  	 	  
				
	  	 		 		 	
					
	 Print Name:
	 	  	 		 		 	
			
		 		 	TENANT:
			
	  	 		 	 SUPREME INTERNATIONAL, INC. a
 Delaware corporation

					
	 Print Name:
	 	  	 		 	 By:
	 	  
				
		 		 	 Print Name:
	 	  
				
	  	 		 	 Title:
	 	  
					
	 Print Name:

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