January 18, 2006 Mr. Paul Schiffner CPI Corp.
January
18, 2006
Xx.
Xxxx
Xxxxxxxxx
00
Xxxxxxxxx Xxxx
Brampton,
Ontario
L6T
5L2
Dear
Xxxx,
This
letter will confirm that the SEARS LICENSE AGREEMENT, dated January
1st,
2003
with CPI Corp. is renewed for an additional six month term commencing January
1,
2006 and expiring June 31, 2006 on the same terms and conditions.
Yours
truly,
SEARS
CANADA INC.
Per:
/s/
Xxxx XxxXxxxxx
_______________________
Xxxx
XxxXxxxxx
National
Manager
Specialty
Services
The
foregoing is hereby confirmed and accepted.
Per:
/s/
Xxxx Xxxxxxxxx
____________________________________
Xxxx
Xxxxxxxxx
Vice-President
and General Manager Canada
SEARS
CANADA INC., 000 XXXXXX XXXXXX, XXXXXXX, XXXXXX X0X 0X0