EXHIBIT 10.4
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AMENDMENT NO. 1
TO
AMENDED AND RESTATED
VOTING AGREEMENT
This Amendment No 1 to Amended and Restated Voting Agreement (this
"Amendment") is made and entered into as the 1st day of June, 2006 by and among
Harold's Stores, Inc., an Oklahoma corporation (the "Company"), Inter-Him N.V.
("Inter-Him"), W. Xxxxxx Xxxxxx ("Xxxxxx"; Xxxxxx and Inter-Him are collectively
referred to herein as the "Investors") and Xxxxxxx Xxxxxx Xxxxx ("Xxxxx"), in
order to amend that certain Amended and Restated Voting Agreement dated as of
May 2, 2003 by and among the Company, the Investors, Xxxxx and the other parties
named therein (the "Agreement").
WITNESSETH:
WHEREAS, in order to induce the Investors to provide additional capital
to the Company from time to time, the Company, the Investors and Xxxxx desire to
amend the Agreement to clarify that all shares of convertible preferred stock
will be considered in calculating the ownership percentage of common stock of
the Company owned by the Family Shareholders (as defined in the Agreement); and
WHEREAS, the Company, the Investors and Xxxxx are entitled to amend the
Agreement.
NOW, THEREFORE, in consideration of the recitals and agreements
contained herein and the benefits to be derived from the mutual observance of
the provisions of this Agreement, the parties agree as follows:
1. Section 1.2 of the Agreement is amended to read in its entirety as
follows:
"1.2 "Preferred Stock" means the Amended Series 2001-A Preferred
Stock, par value $0.01 per share, the Series 2002-A Preferred
Stock, par value $0.01 per share, the Series 2003-A Preferred
Stock, par value $0.01 per share, the Series 2006-A Preferred
Stock, par value $0.01 per share, and any additional series of
preferred stock of the Company that may be issued to in whole or in
part to the Investors or their respective affiliates."
Except as amended by this Amendment, the terms of the Agreement shall
remain in full force and effect.
2. Counterparts. This Amendment may be executed in counterparts and by
facsimile signature, each of which shall be an original, but all of which
together shall constitute one and the same instrument.
SIGNATURE PAGE FOLLOWS THIS PAGE.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the date above set forth.
"COMPANY" Harold's Stores, Inc.
By: /s/ Xxxxxxx Xxxxxx
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Xxxxxxx Xxxxxx, Chief Executive Officer
"INVESTORS" Inter-Him, N.V.
By: /s/ Xxxxxx Xxxxxxxxxx
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Name: Xxxxxx Xxxxxxxxxx
Title: Managing Director
/s/ W. Xxxxxx Xxxxxx
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W. Xxxxxx Xxxxxx
"XXXXX" /s/ Xxxxxxx Xxxxxx Xxxxx
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Xxxxxxx Xxxxxx Xxxxx
