SEC Contract Filing

Filing Date: 2018-12-13

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>genescoexhibit101q3fy19.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
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<div><a name="s679e9a83a90049998b373f3c234ad21f"></a></div><div><div style="line-height:120%;text-align:right;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><br></font></div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Exhibit 10.1</font></div></div><div><br></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">AMENDMENT NO. 8</font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">TO TRADEMARK LICENSE AGREEMENT</font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">(U.S. Dockers&#174;)</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">This Amendment No. 8 dated November 13, 2018, amends that certain Trademark License Agreement dated August 9, 2000 (the &#8220;Agreement&#8221;), as amended, by and between LEVI STRAUSS &amp; CO., a Delaware corporation (&#8220;LS&amp;CO.&#8221;), and GENESCO INC. (&#8220;Licensee&#8221;), a Tennessee corporation located at 1415 Murfreesboro Road, Nashville, Tennessee 37217.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Pursuant to Section 24.4, </font><font style="font-family:Arial;font-size:11pt;text-decoration:underline;">Entire Agreement; Modifications</font><font style="font-family:Arial;font-size:11pt;">, the Parties amend the Agreement as set forth below:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">LS&amp;CO. AND LICENSEE AGREE AS FOLLOWS:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:24px;"><font style="font-family:Arial;font-size:10pt;">1.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Section 2.1, </font><font style="font-family:Arial;font-size:11pt;text-decoration:underline;">Term</font><font style="font-family:Arial;font-size:11pt;">, shall be amended to reflect that the Agreement is extended for one additional Annual Period commencing on December 1, 2018 and ending on November 30, 2019 (the &#8220;Extension Period&#8221;). </font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:24px;"><font style="font-family:Arial;font-size:10pt;">2.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Section 2.2, </font><font style="font-family:Arial;font-size:11pt;text-decoration:underline;">Renewal Term</font><font style="font-family:Arial;font-size:11pt;">, shall be restated that any further renewal after November 30, 2019 shall be LS&amp;CO.&#8217;s sole discretion.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:24px;"><font style="font-family:Arial;font-size:10pt;">3.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Section 3.1, </font><font style="font-family:Arial;font-size:11pt;text-decoration:underline;">Guaranteed Minimum Royalty</font><font style="font-family:Arial;font-size:11pt;">&#32;shall be amended to reflect that Licensee shall pay to LS&amp;Co a non-recoupable guaranteed minimum royalty (the &#8220;Guaranteed Minimum Royalty&#8221;) in respect of the 2019 Annual Period as follows:</font></div></td></tr></table><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;padding-left:48px;text-indent:0px;font-size:11pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:36.75213675213676%;border-collapse:collapse;text-align:le