Exhibit 10.114
AMENDMENT NO. 6
TO TRADEMARK LICENSE AND TECHNICAL ASSISTANCE AGREEMENT
This Amendment no. 6, dated October 29, 2003, is to the Trademark License
and Technical Assistance Agreement dated the 1st day of November 1997, by and
between Latitude Licensing Corp. ("Licensor") and I.C. Xxxxxx & Company L.P.
("Licensee") (the "Agreement"). Capitalized terms used herein have the meaning
ascribed to them in the Agreement unless otherwise indicated.
WHEREAS, the parties wish to amend the Agreement to the extent set
forth herein,
NOW, THEREFORE, for good and valuable consideration, the sufficiency
and receipt of which are hereby acknowledged, the parties agree to amend the
Agreement as follows:
1. Section 5 - Royalties
Section 5.5 of the Agreement is hereby amended to replace the last
sentence thereof with the following:
"Anything elsewhere contained in this Section 5.5 to the contrary
notwithstanding, the $250,000 payment due in the month of December 2002
shall be deferred to and paid in May 2004, and the $250,000 payment due
in the month of January 2003 with respect to the Minimum Royalties to
be paid in Calendar Year 2003 with respect to the Minimum Royalties to
be paid in Calendar Year 2003 shall be deferred to and paid in June
2004."
2. Effective Date and Payment Dates
This Amendment no. 6 shall be effective as of the date first written above.
Invoices sent by Licensor for public relations, collections and fashion shows
shall be paid and settled within twenty days of their issuance.
3. No Defaults; Full Force and Effect
The parties hereby confirm to one another that neither party is in
default to the other in the performance of any of the obligations owed by either
of them to the other. The Agreement, as amended by this Amendment no. 6, shall
continue in full force and effect.
IN WITNESS WHEREOF, the parties, by their duly authorized
representatives, have executed this Amendment no. 6 as of the date first above
written..
LATITUDE LICENSING CORP. I.C. XXXXXX & COMPANY L.P.
By: /s/ Xxxxxx Xxxxxx By: I.C. Xxxxxx & Company, Inc., its General
----------------------- Partner
Name: Xxxxxx Xxxxxx
Title: Vice President By: /s/ Xxxxxx X. Xxxxxxxxx
-------------------- ----------------------------
Xxxxxx X. Xxxxxxxxx, EVP/CFO
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