BRINCKO ASSOCIATES, INC.
INTERNATIONAL MANAGEMENT CONSULTANTS
0000 XXXXXX XX XXX XXXXX
XXX XXXXXXX, XXXXXXXXXX 00000
(000) 000-0000 (000) 000-0000 (FAX)
MARCH 4, 1998
MR XXXXXXX XXXXXXXXX
XXXXXXX, INC.
0 XXXXXXX
XXXXXX, XX 00000
DEAR XX. XXXXXXXXX:
THIS LETTER WILL CONFIRM THAT THE CONSULTING AGREEMENT ENTERED INTO BY AND
BETWEEN MOSSIMO, INC. (THE "COMPANY") AND BRINCKO ASSOCIATES, INC. ("BAI"),
DATED AS OF JANUARY 13, 1998 (THE "CONSULTING AGREEMENT") SHALL BE AMENDED AS
FOLLOWS:
1. XXX'S ENGAGEMENT UNDER THE CONSULTING AGREEMENT SHALL BE EXTENDED TO AND
INCLUDING DECEMBER 31, 1998, SUBJECT TO FURTHER EXTENSION AS SET FORTH
HEREIN.
2. THE COMPENSATION UNDER THE CONSULTING AGREEMENT SHALL CONTINUE AT THE RATE
OF $65,000 FOR THE TERM OF THIS ENGAGEMENT, AS SET FORTH IN THIS LETTER.
3. AS ADDITIONAL COMPENSATION TO BAI, THE COMPANY SHALL CAUSE TO BE ISSUED TO
BAI OPTIONS TO PURCHASE AN ADDITIONAL 50,000 SHARES OF COMPANY STOCK
PURSUANT TO THE TERMS OF THE COMPANY'S EXISTING EMPLOYEE STOCK OPTION PLAN.
4. THE COMPANY SHALL HAVE THE OPTION TO CONTINUE THE TERM OF THE CONSULTING
AGREEMENT TO AND INCLUDING JUNE 30, 1999, PROVIDED THAT THE COMPANY GIVES
BAI WRITTEN NOTICE OF ITS EXERCISE OF THIS OPTION ON OR BEFORE DECEMBER 1,
1998.
5. EFFECTIVE AS OF THE DATE HEREOF, XXXX X. XXXXXXX SHALL SERVE AS PRESIDENT
AND CHIEF EXECUTIVE OFFICER OF THE COMPANY.
EXCEPT AS AMENDED IN THIS LETTER, THE CONSULTING AGREEMENT SHALL CONTINUE IN
FULL FORCE AND EFFECT.
PLEASE INDICATE YOUR AGREEMENT WITH THE FOREGOING BY SIGNING AND RETURNING TO US
THE ENCLOSED COPY OF THIS LETTER.
VERY TRULY YOURS,
BRINCKO ASSOCIATES, INC.
BY: /s/ Xxxx X. Xxxxxxx
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XXXX X. XXXXXXX
ACCEPTED AND AGREED
MOSSIMO, INC.
BY: /s/ Xxxxxxx Xxxxxxxxx
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XXXXXXX XXXXXXXXX
