TERMINATION OF STANDSTILL AGREEMENT (El Corte Ingles, S.A. and Gottschalks Inc.)
EXHIBIT 11
TERMINATION OF STANDSTILL AGREEMENT
(El Corte Ingles, S.A. and Gottschalks Inc.)
The Standstill Agreement entered into as of August 20, 1998 by and between El Corte Ingles, S.A., a Spanish corporation, and Gottschalks Inc., a Delaware corporation, is terminated, and shall be of no further force and effect, on and from and after December 7, 2004.
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El Corte Ingles, S.A. |
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/s/ Xxxxx Xxxx |
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Xxxxx Xxxx |
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International Division Director |
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/s/ Xxxxx Xxxxxxxxx |
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Xxxxx Xxxxxxxxx |
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President and CEO |
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