Document:

Agreement

 Exhibit 10.1 
 The Wet Seal, Inc. 
 26972 Burbank 

Foothill Ranch, CA 92610 
 October 4, 2012 
 Clinton Group, Inc. 
 9 West 57th Street, 26th Floor 
 New York, NY 10019 

	Attn:	Mr. Joseph A. De Perio 

	    	Mr. George E. Hall 

	    	Mr. Gregory P. Taxin 

 Gentlemen: 

This letter constitutes the agreement (the “Agreement”) between Clinton Group, Inc., a Delaware corporation, on behalf
of itself and its affiliated funds, persons and entities, both current and future (collectively, “Clinton”), and The Wet Seal, Inc., a Delaware corporation (the “Company”). 

WHEREAS, Clinton is the beneficial owner of 6,225,313 shares of Class A common stock, par value $0.10 per share, of the Company
(“Class A Common Stock”), which represents approximately 6.92% of the issued and outstanding shares of Class A Common Stock; 
 WHEREAS, Clinton is currently engaged in a solicitation of consents from the Company’s stockholders (the “Consent Solicitation”) with respect to, among other things, the removal of
certain current members on the Company’s board of directors (the “Board”) and the election of Dorrit M. Bern, Lynda J. Davey, Mindy C. Meads and John S. Mills to serve as directors of the Board; 

WHEREAS, Clinton agrees that it believes it has but not delivered valid written consents to remove the Resigning Directors (as defined
below); and 
 WHEREAS, the Company and Clinton desire to resolve the Consent Solicitation and all matters related thereto and,
in furtherance thereof, undertake the actions and agreements contained herein. 
 NOW, THEREFORE, in consideration of the
promises and the representations, warranties and agreements contained herein, and other good and valuable consideration, the parties hereto mutually agree as follows: 
 1. The Company hereby confirms that simultaneously with the execution of this Agreement, the Board will take the following actions in the following order: 

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 (a)
authorize the reimbursement to Clinton of the reasonable and documented out-of-pocket expenses incurred by Clinton in connection with the Consent Solicitation, not to exceed $250,000 in the aggregate; 

(b) accept the resignation of Harold D. Kahn, Jonathan Duskin, Sidney M. Horn and Henry D. Winterstern (collectively, the
“Resigning Directors”) as directors of the Company, effective upon the execution of this Agreement; and 
 (c)
appoint Dorrit M. Bern, Lynda J. Davey, Mindy C. Meads and John S. Mills to fill the four vacancies resulting from the foregoing resignations and the one pre-existing vacancy, such that the Board will be composed of Ms. Bern, Ms. Davey, Ms. Meads,
Mr. Mills, Mr. Kenneth M. Reiss, Ms. Kathy Bronstein, Mr. John Goodman and one vacant seat (the “New Board”). 

2. From the date hereof through October 23, 2012, (a) the Resigning Directors shall make themselves reasonably available to the New Board
by telephone as reasonably requested by the New Board to facilitate an orderly transition to the New Board; and (b) Mr. Kahn shall continue to provide consulting services to the Board and the Company pursuant to the revised compensation arrangements
previously agreed to between the Company and Mr. Kahn; provided that such consulting services shall only be provided by telephone. Each of the Resigning Directors shall be entitled to the vesting of a pro rata portion of his existing restricted
stock grant, for the period of his service as a director from the date of the Company’s 2012 annual meeting through the date hereof. 
 3. Clinton hereby agrees that it (a) shall immediately cease, and shall cause its affiliates to cease, any and all solicitation efforts in connection with the Consent Solicitation and (b) shall not vote,
deliver or otherwise use any consents that may have been received to date pursuant to the Consent Solicitation. 
 4. The
Company shall issue a press release in a form reasonably approved by Clinton (the “Press Release”) prior to the opening of trading on October 5, 2012, the Company shall file with the Securities and Exchange Commission (the
“SEC”) a corresponding Form 8-K that includes both the Press Release and this Agreement, and Clinton shall file with the SEC a Schedule 13D/A that includes this Agreement and confirms its abandonment of the Consent Solicitation.

 5. (a) Clinton, for the benefit of the Company and each of the Company’s controlling persons, officers, directors,
stockholders, agents, affiliates, employees, attorneys, advisors and assigns, past and present, in their capacity as such (the Company and each such person being a “Company Released Person”), hereby forever fully waives, discharges
and releases, and covenants not to sue, any of the Company Released Persons for any and all claims, causes of action, actions, judgments, liens, debts, contracts, indebtedness, damages, losses, liabilities, rights, interests and demands of
whatsoever kind or character (other than fraud) (collectively, “Claims”) based on any event, fact, act, omission, or failure to act by the Company Released Persons, whether known or unknown, occurring or existing prior to the
execution of this Agreement; provided, however, this waiver and release and covenant not to sue shall not include any Claims arising out of or related to any obligations under, or breach of, this Agreement;

 October 4, 2012 
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provided, further, nothing in the foregoing shall be deemed or constructed, now or hereafter, as limiting in any manner any right of indemnification inuring to the benefit of any director or
former director of the Company arising under the organizational documents of the Company or otherwise. 
 (b) The Company, for
the benefit of Clinton and its controlling persons, officers, directors, stockholders, agents, affiliates, employees, attorneys, advisors and assigns, past and present, in their capacity as such (each such person being a “Clinton Released
Person”), hereby forever fully waives, discharges and releases and covenants not to sue, for any Claim based on any event, fact, act, omission or failure to act by such Clinton Released Person, whether known or unknown, occurring or
existing prior to the execution of this Agreement; provided, however, this waiver and release and covenant not to sue shall not include any Claims arising out of or related to any obligations under, or breach of, this Agreement. 

(c) It is the intention of the parties that the foregoing release set forth above in subsections (a) and (b) of this paragraph shall be
effective as a bar to all matters released herein. In furtherance and not in limitation of such intention, the release described herein shall be, and shall remain in effect as, a full and complete release, notwithstanding the discovery or existence
of any additional or different facts or claims. It is expressly understood and agreed that this Agreement is intended to cover and does cover not only all known facts and/or claims but also any further facts and/or claims not now known or
anticipated, but which may later develop or should be discovered, including all the effects and consequences thereof. To further effectuate this intention, each party hereto acknowledges its awareness of California Civil Code Section 1542, which
reads as follows: 
 “A general release does not extend to claims which the creditor does not know or suspect to exist in
his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor.” 
 It is the intention of each party hereto to waive their respective rights under that section and any statute, rule, and legal doctrine of similar import for any and all matters released herein. In waiving
the provisions or Section 1542 of the California Civil Code, each party hereto expressly acknowledges and understands that it may hereafter discover facts in addition to or different from those which it now believes to be true with respect to the
subject matter of the matters released herein, but expressly agrees that it has taken these possibilities into account in electing to participate in this Agreement, and that the release given herein shall be and remain in effect as a full and
complete release notwithstanding the discovery or existence of any such additional or different facts, as to which each party hereto expressly assumes the risk. 
 6. This Agreement may be executed by the signatories hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute
one and the same instrument. 
 7. This Agreement shall be governed by and construed in accordance with the laws of the State of
Delaware, without regard to its conflict of laws principles. The parties hereto each (a) irrevocably and unconditionally consent to the personal jurisdiction and venue of the federal 

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or state courts in the State of Delaware; (b) shall not attempt to deny or defeat such personal jurisdiction by motion or other request for leave from any such court; and (c) shall not bring any
action relating to this Agreement or otherwise in any court other than the federal or state courts located in the State of Delaware. 
 8. This Agreement contains the entire agreement between Clinton and the Company concerning the subject matter hereof. This Agreement shall inure to the benefit of the parties hereto and their respective
successors and permitted assigns. This Agreement may not be assigned by any party without the express written consent of the other party. No amendment, modification, supplement or waiver of any provision of this Agreement may in any event be
effective unless in writing and signed by the party affected thereby. 
 9. Clinton shall refrain from disparaging, or taking
any action reasonably likely to damage the business or the reputation of the Company Released Parties. 
 10. Subject to Section
1(a) hereof, each party shall be responsible for its own fees and expenses incurred in connection with the negotiation, execution and effectuation of this Agreement. 
 11. The parties hereby acknowledge and agree that the Company Released Persons are express third party beneficiaries to this Agreement and are expressly granted the right to enforce the terms hereof
including without limitation Sections 2 and 5(a). 
 [signature page follows] 

 Very truly yours, 

 

			
	THE WET SEAL, INC.
		
	By:	 	 /s/ Steven H. Benrubi

	Name: Steven H. Benrubi
	Title: Executive Vice President,
	Chief Financial Officer and Corporate Secretary

 Accepted and agreed to: 
 CLINTON GROUP, INC. 
 on behalf of itself and its affiliates 

 

			
	By:	 	 /s/ George Hall

		 	Name: George Hall
		 	Title: Chief ExecutiveForm of the Company's common stock certificate

 Exhibit 4.88 

 
 

 
 PO BOX 43004, Providence, RI 02940-3004 MR A SAMPLE DESIGNATION (IF ANY) ADD 1 ADD 2
ADD 3 ADD 4 CUSIP XXXXXX XX X Holder ID XXXXXXXXXX Insurance Value 1,000,000.00 Number of Shares 123456 DTC 12345678 123456789012345 Certificate Numbers Num/No. Denom. Total 1234567890/1234567890 1 1 1 1234567890/1234567890 2 2 2
1234567890/1234567890 3 3 3 1234567890/1234567890 4 4 4 1234567890/1234567890 5 5 5 1234567890/1234567890 6 6 6 Total Transaction 7 016570| 003590|127C|RESTRICTED||4|057-423 COMMON STOCK PAR VALUE $0.01 Certificate Number ZQ 000000 COMMON STOCK THIS
CERTIFICATE IS TRANSFERABLE IN CANTON, MA AND NEW YORK, NY Shares 000000 000000 000000 000000 000000 Realogy Holdings Corp. INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE THIS CERTIFIES THAT CUSIP 75605Y 10 6 SEE REVERSE FOR CERTAIN
DEFINITIONS MR. Mr. Alexander SAMPLE David Sample Mr. Alexander David &Sample MRS. Sample Mr. Alexander David & Sample Mr. Alexander MR. David Sample SAMPLE & Mr. Alexander MRS. David Sample SAMPLE Mr. Sample Mr. Sample 000000 *Shares 0
00000 Shares 00 ZERO HUNDRED THOUSAND 0000 Shares 000 000 Shares 0000 00 Shares 00000 0 Shares 000000 Shares 000000 ZERO HUNDRED AND ZERO Shares 000000 Shares 000000 S is the owner of FULLY-PAID AND NON-ASSESSABLE SHARES OF THE COMMON STOCK OF
Realogy Holdings Corp. (hereinafter called the “Company”), transferable on the books of the Company in person or by duly authorized attorney, upon surrender of this Certificate properly endorsed. This Certificate and the shares represented
hereby, are issued and shall be held subject to all of the provisions of the Certificate of Incorporation, as amended, and the By-Laws, as amended, of the Company (copies of which are on file with the Company and with the Transfer Agent), to all of
which each holder, by acceptance hereof, assents. This Certificate is not valid unless countersigned and registered by the Transfer Agent and Registrar. Witness the facsimile seal of the Company and the facsimile signatures of its duly authorized
officers. Chairman of the Board, Chief Executive Officer and President Executive Vice President, General Counsel and Corporate Secretary DATED <<Month Day, Year>> COUNTERSIGNED AND REGISTERED: COMPUTERSHARE TRUST COMPANY, N.A. TRANSFER
AGENT AND REGISTRAR, By AUTHORIZED SIGNATURE Corporate 2006 seal Delaware 

  
 

 
 Realogy Holdings Corp. THE COMPANY WILL FURNISH WITHOUT CHARGE TO EACH SHAREHOLDER WHO
SO REQUESTS, A SUMMARY OF THE POWERS, DESIGNATIONS, PREFERENCES AND RELATIVE, PARTICIPATING, OPTIONAL OR OTHER SPECIAL RIGHTS OF EACH CLASS OF STOCK OF THE COMPANY AND THE QUALIFICATIONS, LIMITATIONS OR RESTRICTIONS OF SUCH PREFERENCES AND RIGHTS,
AND THE VARIATIONS IN RIGHTS, PREFERENCES AND LIMITATIONS DETERMINED FOR EACH SERIES, WHICH ARE FIXED BY THE CERTIFICATE OF INCORPORATION OF THE COMPANY, AS AMENDED, AND THE RESOLUTIONS OF THE BOARD OF DIRECTORS OF THE COMPANY, AND THE AUTHORITY OF
THE BOARD OF DIRECTORS TO DETERMINE VARIATIONS FOR FUTURE SERIES. SUCH REQUEST MAY BE MADE TO THE OFFICE OF THE SECRETARY OF THE COMPANY OR TO THE TRANSFER AGENT. THE BOARD OF DIRECTORS MAY REQUIRE THE OWNER OF A LOST OR DESTROYED STOCK CERTIFICATE,
OR HIS LEGAL REPRESENTATIVES, TO GIVE THE COMPANY A BOND TO INDEMNIFY IT AND ITS TRANSFER AGENTS AND REGISTRARS AGAINST ANY CLAIM THAT MAY BE MADE AGAINST THEM ON ACCOUNT OF THE ALLEGED LOSS OR DESTRUCTION OF ANY SUCH CERTIFICATE. The following
abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were written out in full according to applicable laws or regulations: TEN COM - as tenants in common UNIF GIFT MIN ACT - Custodian (Cust)
(Minor) TEN ENT - as tenants by the entireties under Uniform Gifts to Minors Act (State) JT TEN - as joint tenants with right of survivorship UNIF TRF MIN ACT - Custodian (until age ) and not as tenants in common (Cust) under Uniform Transfers to
Minors Act (Minor) (State) Additional abbreviations may also be used though not in the above list. PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE For value received, hereby sell, assign and transfer unto (PLEASE PRINT OR
TYPEWRITE NAME AND ADDRESS, INCLUDING POSTAL ZIP CODE, OF ASSIGNEE) Shares of the common stock represented by the within Certificate, and do hereby irrevocably constitute and appoint Attorney to transfer the said stock on the books of the
within-named Company with full power of substitution in the premises. Dated: 20 Signature(s) Guaranteed: Medallion Guarantee Stamp THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (Banks, Stockbrokers, Savings and Loan
Associations and Credit Unions) WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15. Signature: Signature: Notice: The signature to this assignment must correspond with the name as written upon the
face of the certificate, in every particular, without alteration or enlargement, or any change whatever. The IRS requires that we report the cost basis of certain shares acquired after January 1, 2011. If your shares were covered by the legislation
and you have sold or transferred the shares and requested a specific cost basis calculation method, we have processed as requested. If you did not specify a cost basis calculation method, we have defaulted to the first in, first out (FIFO) method.
Please visit our website or consult your tax advisor if you need additional information about cost basis. If you do not keep in contact with us or do not have any activity in your account for the time periods specified by state law, your property
could become subject to state unclaimed property laws and transferred to the appropriate state.

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