Document:

Exhibit 10.43

FOURTH AMENDMENT TO REVOLVING CREDIT AGREEMENT

     This FOURTH AMENDMENT is dated as of the 4th day of May, 2001 and is by and
between FLEET NATIONAL BANK (successor by merger to Summit Bank) having an
office at 750 Walnut Avenue, Cranford, New Jersey 07016 (the "Bank"), and SYMS
CORP., a New Jersey corporation having an address at One Syms Way, Secaucus, New
Jersey 07094 (the "Borrower").

                              W I T N E S S E T H:
                               - - - - - - - - - -

     WHEREAS, the Borrower and the Bank have entered into a Revolving Credit
Agreement dated as of December 1, 1993, as amended by that certain First
Amendment to Revolving Credit Agreement dated as of November 24, 1997, as
further amended by that certain Second Amendment to Revolving Credit Agreement
dated as of May 27, 2000, and as further amended by that certain Third Amendment
to Revolving Credit Agreement dated as of November 25, 2000 (as amended, the
"Credit Agreement"); and

     WHEREAS, the Borrower and the Bank have agreed to amend certain terms of
the Credit Agreement as more fully described herein.

     NOW, THEREFORE, in consideration of the premises and the mutual covenants
contained herein, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto do hereby agree
as follows:

     1. Definitions. Except as otherwise defined herein, terms defined in the
Credit Agreement shall have the same meaning when used herein.

     2. Amendment of Credit Agreement. The Credit Agreement is hereby amended as
follows (all Section references are to the corresponding Sections of the Credit
Agreement):

     2.1 The definition of "Bank" which appears in Section 1.1 is amended to
read as follows:

     "Bank" shall mean Fleet National Bank, a national banking association, and
its successors and assigns.

     2.2 The definition of "Consolidated EBIT" which appears in Section 1.1 is
amended to read as follows:

               "Consolidated EBIT" shall mean for any period, the Consolidated
               Net Income of the Borrower and its Consolidated Subsidiaries, as
               determined in accordance with GAAP, adjusted by adding thereto
               (i) payments under leases, (ii) Consolidated Interest Expense and
               (iii) provision for income taxes. Consolidated EBIT shall be
               determined

<PAGE>

               without giving effect to any non-cash losses from extraordinary
               items or non-recurring items, including the sale of assets, other
               than inventory sold in the ordinary course of business.

     2.3 The definition of "Consolidated EBITDA" which appears in Section 1.1 is
amended to read as follows:

               "Consolidated EBITDAR" shall mean for any period, Consolidated
               EBIT, adjusted by adding thereto (i) the amount of all
               amortization of intangibles and depreciation that were deducted
               in arriving at Consolidated EBIT for such period and (ii) to the
               extend deducted in determining Consolidated Net Income,
               Consolidated Rental Payments for such period.

     2.4 The definition of "Maturity Date" which appears in Section 1.1 is
amended to read as follows:

     "Maturity Date" shall mean May 3, 2002.

     2.5 The following new definitions are hereby added to Section 1.1:

               "Consolidated Fixed Charge Coverage Ratio" for any period shall
               mean the ratio of Consolidated EBITDAR to Consolidated Fixed
               Charges for such period.

               "Consolidated Fixed Charges" for any period shall mean the sum of
               (i) Consolidated Interest Expense for such period, (ii) the
               amount of all cash Dividends which were paid on the capital stock
               of the Borrower and its subsidiaries during such period (other
               than Dividends paid by a subsidiary of the Borrower to the
               Borrower or another subsidiary of the Borrower), (iii) the amount
               of all expenditures for such period which were applied to the
               repair or maintenance of fixed assets, (iv) the amount of all
               income taxes paid or payable for such period, (v) the scheduled
               principal amount of all amortization payments on all Indebtedness
               for money borrowed of the Borrower and its subsidiaries for such
               period (as determined on the first day of the respective period)
               and (vi) the amount of all payments under leases.

               "Consolidated Rental Payments" shall mean for any period all
               rental payments paid in cash by Borrower and its Consolidated
               Subsidiaries in respect of operating leases, as determined in
               accordance with GAAP.

     2.6 Section 6.11 is amended by deleting the Minimum EBITDA covenant which
appears therein and inserting the following covenant in its place:

                                       2
<PAGE>

     6.11 Consolidated Fixed Charge Coverage Ratio. The Borrower will not permit
the Consolidated Fixed Charge Coverage Ratio for any period of four consecutive
fiscal quarters (taken as one accounting period) to be less than 1.2 to 1.0.

     2.7 Section 6.12 is amended to read as follows:

     6.12 Capital Expenditures. The Borrower shall not permit the sum of Capital
Expenditures plus Dividends to exceed $10,000,000 for the fiscal year ending
March 3, 2002.

     2.8 Section 6.21 is amended to read as follows:

     6.21 Payment of Revolving Credit Note. Upon at least thirty (30) days prior
written notice to the Bank, the Borrower shall, at any time from May 4, 2001
through and including April 2, 2002 (the exact date to be selected by the
Borrower), pay to the Bank the entire outstanding principal amount of the
Revolving Credit Note as of such date selected (the "Clean Down Date"), together
with all accrued interest thereon. Commencing on the Clean Down Date and
continuing for a period of thirty (30) consecutive days thereafter, the Borrower
shall not be permitted to request, and the Bank shall not be obligated to make,
any Advances hereunder. The failure by the Borrower to reduce the outstanding
principal balance of the Revolving Credit Note to zero on the Clean Down Date
shall constitute an Event of Default hereunder.

     3. Substitute Note. Concurrently herewith, the Borrower shall execute and
deliver to the Bank a third substitute revolving credit note (the "Substitute
Note") which shall supersede, and be in substitution for, the second substitute
revolving credit note dated as of May 27, 2000 (the "Prior Note") executed and
delivered by the Borrower to the Bank. It is expressly agreed that the execution
and delivery of such Substitute Note shall not evidence or represent a
refinancing, repayment, accord and satisfaction or novation of the indebtedness
evidenced by the Prior Note. As soon as practicable following its receipt of the
Substitute Note, the Bank will return the Prior Note to the Borrower for
cancellation.

     4. Representations and Warranties. In order to induce the Bank to enter
into this Agreement and amend the Credit Agreement as provided herein, the
Borrower hereby represents and warrants to the Bank that:

     (a) All of the representations and warranties of the Borrower set forth in
the Credit Agreement are true, complete and correct in all material respects on
and as of the date hereof with the same force and effect as if made on and as of
the date hereof and as if set forth at length herein (except that
representations and warranties which are expressly stated to be as of a certain
date are true, complete and correct in all material respects as of such certain
date).

                                       3
<PAGE>

     (b) No Default or Event of Default presently exists and is continuing on
and as of the date hereof.

     (c) Since the date of the Borrower's most recent financial statements
delivered to the Bank, no material adverse change has occurred in the business,
assets, liabilities, financial condition or results of operations of the
Borrower, and no event has occurred or failed to occur which has had, or
reasonably may be expected to have, a material adverse effect on the business,
assets, liabilities, financial condition or results of operations of the
Borrower.

     (d) The Borrower has full power and authority to execute, deliver and
perform any action or step which may be necessary to carry out the terms of this
Agreement and all other agreements, documents and instruments executed and
delivered by the Borrower to the Bank concurrently herewith or in connection
herewith (collectively, the "Amendment Documents"); each Amendment Document to
which the Borrower is a party has been duly executed and delivered by the
Borrower and is the legal, valid and binding obligation of the Borrower
enforceable in accordance with its terms, subject to any applicable bankruptcy,
insolvency, general equity principles or other similar laws affecting the
enforcement of creditor's rights generally.

     (e) The execution, delivery and performance of the Amendment Documents will
not (i) violate any provision of any existing law, statute, rule, regulation or
ordinance (ii) conflict with, result in a breach of or constitute a default
under (a) any order, judgment, award or decree of any court, governmental
authority, bureau or agency, or (b) any mortgage, indenture, lease, contract or
other agreement or undertaking to which the Borrower is a party or by which the
Borrower or any of its properties or assets may be bound, or (iii) result in the
creation or imposition of any lien or other encumbrance upon or with respect to
any property or asset now owned or hereafter acquired by the Borrower.

     (f) Except for such filing as may be required under the Securities Exchange
Act of 1934, as amended, which filing (if required) shall be made by the
Borrower as and when required, no consent, license, permit, approval or
authorization of, exemption by, notice to, report to, or registration, filing or
declaration with any person is required in connection with the execution,
delivery, performance or validity of the Amendment Documents or the transactions
contemplated thereby.

     5. Bank Costs. The Borrower agrees to reimburse the Bank for all reasonable
costs and expense s, including reasonable counsel fees and disbursements,
incurred by the Bank in connection with the Amendment Documents and the
transactions contemplated therein. If such amounts are not paid within ten days
of the Bank's request therefor, the Borrower hereby authorizes the Bank to
charge the Borrower's account for the amount of such fees and expenses.

     6. No Change. Except as expressly set forth herein, all of the terms and
provisions of the Credit Agreement shall continue in full force and effect and
are hereby ratified and confirmed in all respects.

                                       4
<PAGE>

     7. Counterparts. This Agreement may be executed by the parties hereto in
separate counterparts and all such counterparts taken together shall constitute
one and the same instrument.

     8. Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of New Jersey.

     IN WITNESS WHEREOF, the Borrower and the Bank have executed this Agreement
as of the date above written.

                                            FLEET NATIONAL BANK
                                            (successor by merger to Summit Bank)

                                            By: /s/ WILLIAM DINICOLA
                                                ------------------------------
                                                Name: William DiNicola
                                                Title: Senior Vice President

                                            SYMS CORP.
Attest:

/s/ KIRK R. ONEY                            By: /s/ ANTONE F. MOREIRA
------------------------                        -------------------------------
                                                Name: Antone F. Moreira
                                                Title:

                                       5Exhibit 10.44

Promissory note and mortgage from Syms Corp to Marcy Syms dated April 1, 2001

                                 PROMISSORY NOTE

$800,000                                                   New York, New York
                                                           April 1, 2001

     FOR VALUE RECEIVED, the undersigned, MARCY SYMS MERNS, as Trustee under the
Marcy Merns Revocable Trust dated January 12, 1990 (hereinafter referred to as
"Maker"), having an address at 205 West 57th Street, New York, New York 10019,
hereby unconditionally PROMISES TO PAY to the order of SYMS CORP, a New Jersey
corporation (hereinafter collectively referred to as "Payee"), having an address
at Syms Way, Secaucus, New Jersey 07094 or at such other place as the holder of
this Note may designate from time to time in writing, in lawful money of the
United States of America and in immediately available funds, the principal
amount of up to EIGHT HUNDRED THOUSAND AND 00/100 DOLLARS ($800,000) as
hereinafter provided.

     The principal sum of this Note shall be payable in accordance with the
following provisions: Interest on the outstanding principal sum shall accrue
from and including the date hereof at the rate of 5.43% per annum and shall be
payable on each April 1st hereafter and until the 10th anniversary thereof (the
"Maturity Date"), at which time the entire outstanding principal sum and all
accrued and unpaid interest shall be due and payable.

     Notwithstanding the foregoing, this Note may be prepaid in whole or in
part, without penalty or premium, at any time prior to the Maturity Date.

     This Note shall be secured by a first mortgage lien on the premises (and
any improvements made thereto) known as 14 Twin Ponds Lane, Bedford Hills, New
York 10507 (the "Premises") granted by Maker in favor of Payee (the "Mortgage").
A default under the Mortgage shall be deemed a default under this Note.

     This Note has been executed, delivered and accepted in New York, New York
and shall be interpreted, governed by, and construed in accordance with the
internal laws of the State of New York, without regard to New York choice of law
principals.

                                                 /s/ MARCY SYMS MERNS
                                                -----------------------
                                                   Marcy Syms Merns,
                                                       as Trustee

<PAGE>

The undersigned, as the beneficiary of the Marcy Syms Merns Revocable Trust
dated January 12, 1990, hereby guarantees the prompt payment and performance of
all obligations, covenants and duties owing by the Maker to Payee of any kind or
nature, present or future, pursuant to this Note, due or to become due, now
existing or hereafter arising, and any amendments, extensions, renewals or
increases and all costs and expense of Payee incurred in the documentation,
negotiation, modification enforcement, collection or otherwise in connection
with any of the foregoing, including but not limited to reasonable attorneys'
fees and expenses.

                                                 /s/ MARCY SYMS MERNS
                                                -----------------------
                                                   Marcy Syms Merns,

<PAGE>

THIS MORTGAGE, made as of 1st day of April, two thousand and one

BETWEEN Marcy Syms Merns, as Trustee under the Marcy Merns Revocable Trust dated
January 12, 1990, having an address at 205 West 57th Street, New York, New York
10019

                                            HEREIN REFERRED TO AS THE MORTGAGOR,

AND

Syms Corp., a New Jersey corporation, having an address at Syms Way, Secaucus,
New Jersey 07094

                                            HEREIN REFERRED TO AS THE MORTGAGEE,

WITNESSETH, that to secure the payment of an indebtedness in the sum of Eight
Hundred Thousand ($800,000) DOLLARS, lawful money of the United States, to be
paid on the 1st day of April 2011 with interest thereon to be computed from 1st
day of April 2001, AT THE RATE OF 5.43 per centum per annum, and to be paid
annually on April 1 of each year through the maturity date

according to a certain bond, note or obligation bearing even date herewith, the
mortgagor hereby mortgages to the mortgagee ALL that certain real property
described on Schedule "A" attached hereto and made a part hereof.

AND the mortgagor covenants with the mortgagee as follows:

1. That the mortgagor will pay the indebtedness as hereinbefore provided.

2. That the mortgagor will keep the buildings on the premises insured against
loss by fire for the benefit of the mortgagee; that he will assign and deliver
the policies to the mortgagee; and that he will reimburse the mortgagee for any
premiums paid for insurance made by the mortgagee on the mortgagor's default in
so insuring the buildings or in so assigning and delivering the policies.

3. That no building on the premises shall be removed or demolished without the
consent of the mortgagee.

4. That the whole of said principal sum and interest shall become due at the
option of the mortgagee: after default in the payment of any installment of
principal or of interest for twenty days; or after default in the payment of any
tax, water rate, sewer rent or assessment for thirty days after notice and
demand; or after default after notice and demand either in assigning and
delivering the policies insuring the buildings against loss by fire or in
reimbursing the mortgagee for premiums paid on such insurance, as hereinbefore
provided; or after default upon request in furnishing a statement of the amount
due on the mortgage and whether any offsets or defenses exist against the
mortgage debt, as hereinafter provided.

5. That the holder of this mortgage, in any action to foreclose it, shall be
entitled to the appointment of a receiver.

6. That the mortgagor will pay all taxes, assessments, sewer rents or water
rates, and in default thereof, the mortgagee may pay the same.

7. That the mortgagor within six days upon request in person or within fifteen
days upon request by mail will furnish a written statement duly acknowledged of
the amount due on this mortgage and whether any offsets or defenses exist
against the mortgage debt.

8. The notice and demand or request may be in writing and may be served in
person or by mail.

9. That the mortgagor warrants the title to the premises.

<PAGE>

10. That the mortgagor will, in compliance with Section 13 of the Lien Law,
receive the advances secured hereby and will hold the right to receive such
advances as a trust fund to be applied first for the purpose of paying the cost
of the improvement and will apply the same first to the payment of the cost of
the improvement before using any part of the total of the same for any other
purpose.

This mortgage may not be changed orally.

IN WITNESS WHEREOF, this mortgage has been duly executed by the mortgagor.

                              /s/ MARCY SYMS MERNS
                              --------------------------------------------
                              Marcy Syms Merns, as Trustee under the
                              Marcy Merns Revocable Trust dated January 12, 1990

STATE OF NEW JERSEY,

COUNTY OF HUDSON

On the 2nd day of April 2001, before me came

to me known, who, being by me duly sworn, did
depose and say that he resides at

in                               ; that he is
the                      of
the corporation described in and which
executed, the foregoing instrument; that
he knows the seal of said corporation; that the
seal affixed to said instrument is such corporate
seal; that it was so affixed by order of the Board
of                   said corporation; and that
   he signed his name thereto by like order.

STATE OF NEW YORK,

COUNTY OF

On the     day of       in the year 2001, before
me, the undersigned personally appeared,
Marcy Syms Merns, personally known to me or
proved to me on the basis of satisfactory
evidence to be the individual whose name is
subscribed to the within instrument and
acknowledged to me that she executed the
same in her capacity, and that by her signature
on the instrument, the individual or the person
upon behalf of which the individual acted,
executed the instrument.

              /s/ RICHARD A. TEREO
              ------------------------------
              Signature and Office of Individual
              taking acknowledgment

              RICHARD A. TEREO
              NOTARY PUBLIC OF NEW JERSEY
              MY COMMISSION EXPIRES
              MARCH 6, 2006

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