EXHIBIT 10.42
FIRST AMENDMENT TO CONSULTING AGREEMENT
This Agreement shall constitute the First Amendment to Consulting Agreement
originally dated as of April 24, 1996 by and between St. Xxxx Knits, Inc., a
California corporation (the "Company") and Xxxxxx X. Xxxxx (the "Consultant").
AMENDMENT
The Company and Consultant hereby agree to extend the Term of the original
Consulting Agreement for an additional period of six months, from November 19,
1996 through May 19, 1997. The Company and Consultant hereby agree that all
other terms of the Consulting Agreement shall remain in full force and effect,
including, but not limited to, the Consultant's rate of compensation of $100,000
in the aggregate, payable in six substantially equal amounts at the end of each
month during the Term; the first payment payable on December 30, 1996 and the
last payment payable on May 30, 1997.
EXECUTED as of November 19, 1996 at Orange County, California.
ST. XXXX KNITS, INC.,
a California corporation
By: /s/ XXXXXX X. XXXX
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Name: Xxxxxx X. Xxxx
Title: Chief Executive Officer
XXXXXX X. XXXXX
/s/ XXXXXX X. XXXXX
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