Exhibit 10(i)
SIXTH AMENDMENT TO AMENDED AND RESTATED LICENSE AGREEMENT
DATED FEBRUARY 2, 2000 BETWEEN
XXXXX XXXXXXXX LICENSING, INC. and THE STRIDE RITE CORPORATION
AGREEMENT entered into this 26th day of January, 2007, by and between XXXXX
XXXXXXXX LICENSING, LLC, f/k/a XXXXX XXXXXXXX LICENSING, INC., having an address
at University Plaza - Bellevue Building, 000 Xxxxxxx Xxxx, Xxxxx 000X, Xxxxxx,
Xxxxxxxx 00000 (hereinafter referred to as "Licensor") and THE STRIDE RITE
CORPORATION, having its offices at 000 Xxxxxx Xxxxxx, P. O. Xxx 0000, Xxxxxxxxx,
Xxxxxxxxxxxxx 00000-0000 (hereinafter referred to as "Licensee").
W I T N E S S E T H :
WHEREAS, Licensor and Licensee entered into an Amended and Restated License
Agreement dated February 2, 2000, which license was previously amended by
amendments dated June 20, 2001, October 3, 2002, January 9, 2004, March 23, 2005
and July 28, 2006 (the Amended and Restated License Agreement as previously
amended is hereinafter referred to as the "License"); and
WHEREAS, the parties have agreed to the amendment to the License contained
herein.
NOW, THEREFORE, the parties hereto, in consideration of the mutual
agreements contained and promises herein expressed, and for other good
consideration acknowledged by each of them to be satisfactory and adequate, do
hereby agree as follows:
1. All capitalized terms used herein but not defined shall have the meanings
ascribed to them in the License.
2. Paragraph 3.1 of the License is hereby amended by deleting the last three
sentences added by the Fifth Amendment to the Agreement and replacing them with
the following:
"The parties hereby acknowledge that the Agreement is hereby
extended for an additional term commencing on April 1, 2007 and
ending on December 31, 2008 (the Eleventh Annual Period). This
Agreement may be extended for additional years beyond the Eleventh
Annual Period on terms and conditions to be agreed upon by the
parties. In the event this Agreement is not extended beyond the
Eleventh Annual Period, then the Eleventh Annual Period shall end on
December 31, 2008."
3. All references in the Agreement to "March 31, 2008" as the end of the
Eleventh Annual Period are hereby deleted and replaced with "December 31, 2008."
4. Except as modified hereby, all other paragraphs and provisions contained in
the License shall remain in full force and effect and nothing contained herein
shall alter them in any way and are hereby in all respects ratified and
confirmed.
IN WITNESS WHEREOF, Licensor and Licensee have respectively signed this
Amendment as of the date first written above.
XXXXX XXXXXXXX LICENSING, LLC THE STRIDE RITE CORPORATION
By: /s/ Xxxx Xxxxxx By: /s/ Xxxx Xxxxxxxx
--------------------------- ---------------------------
Title: President, Licensing Title: President/COO
----------------------- ---------------------------