EXHIBIT C
to
SCHEDULE 13D
xXXxX*s Inc.
000 Xxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
July 17, 1998
American Retail Enterprises, L.P.
0000 Xxxxx Xxxxxx
Xxxxxxx, Xxx Xxxx 00000
Attention: Xx. Xxxxxxx Xxxxxx
The Xxxxx Manhattan Bank
Corporate Trust Group
000 Xxxx 00xx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attention: Escrow Administration, 15th Floor
Re: Amendment No.1
Ladies and Gentlemen:
We refer you to that certain Escrow Agreement dated July 10, 1998 (the "Escrow
Agreement") among xXXxX*s Inc., a Delaware corporation, American Retail
Enterprises, L.P., a New York limited partnership, and The Chase Manhattan Bank,
a New York State chartered bank. Capitalized terms used but not otherwise
defined herein have the meanings ascribed to them in the Escrow Agreement.
This is to confirm that Section 2 of the Escrow Agreement is hereby amended by
replacing the words "a certificate representing 171,074 shares" in the first
sentence thereof with the words "certificates representing 201,122 shares".
Please confirm your agreement to the foregoing by signing and returning to us a
copy of this letter.
Very truly yours,
XXXXX*S INC.
By: /s/ Xxxx Xxxxxxx
------------------------------
Xxxx Xxxxxxx, Senior Vice President
AGREED AND ACKNOWLEDGED:
AMERICAN RETAIL ENTERPRISES, L.P.
By: LANDMARK PANTS CORP.
General Partner
By: /s/ Xxxxxxx X. Xxxxxx
------------------------------
Xxxxxxx Xxxxxx, Vice President
By: /s/ Xxxx Xxxxxxxx
------------------------------
Xxxx Xxxxxxxx, Vice President
By: THE PANTS SET, INC.
General Partner
By: /s/ Xxxxxxx X. Xxxxxx
------------------------------
Xxxxxxx Xxxxxx, President
By: /s/ Xxxx Xxxxxxxx
------------------------------
Xxxx Xxxxxxxx, Vice President
THE CHASE MANHATTAN BANK
By: /s/ Xxxxxxxxxxx Xxxxxx
------------------------------
Name: Xxxxxxxxxxx Xxxxxx
Title: Assistant Vice President
