SUBORDINATION AGREEMENTSubordination Agreement • August 27th, 2010 • Bakers Footwear Group Inc • Retail-shoe stores • Massachusetts
Contract Type FiledAugust 27th, 2010 Company Industry JurisdictionThis Subordination Agreement (this “Agreement”) is made as of August 26, 2010 by and among Bakers Footwear Group, Inc. (the “Company”), Steven Madden, Ltd. (the “Subordinated Creditor”) and Bank of America, N. A. (the “Senior Lender”) (the Subordinated Creditor and the Senior Lender, collectively, the “Creditors”). The Company and the Senior Lender are parties to that certain Second Amended and Restated Loan and Security Agreement dated as of August 31, 2006 (as amended, restated, modified and/or supplemented from time to time, the “Loan Agreement”). Capitalized terms used herein and not otherwise defined shall have the same meanings ascribed to them in the Loan Agreement.
SUBORDINATION AGREEMENTSubordination Agreement • August 27th, 2010 • Bakers Footwear Group Inc • Retail-shoe stores • California
Contract Type FiledAugust 27th, 2010 Company Industry JurisdictionThis Subordination Agreement (this “Agreement”) is made as of August 25, 2010 by and among Bakers Footwear Group, Inc. (the “Company”), Steven Madden, Ltd. (the “Subordinated Creditor”) and Private Equity Management Group, Inc., as Administrative Agent for certain lenders described below (the “Senior Lender”) (the Subordinated Creditor and the Senior Lender, collectively, the “Creditors”). The Company, the Senior Lender and the lenders party thereto are parties to that certain Second Lien Credit Agreement dated February 1, 2008 (as amended, restated, modified and/or supplemented from time to time, the “Loan Agreement”). Capitalized terms used herein and not otherwise defined shall have the same meanings ascribed to them in the Loan Agreement.