Re: Letter Agreement Governing Inventory DispositionLetter Agreement Governing Inventory Disposition • April 27th, 2019 • Illinois
Contract Type FiledApril 27th, 2019 JurisdictionBy executing below, this letter shall serve as an agreement (“Agreement”) between Hilco Merchant Resources, LLC, on the one hand ( “Agent” or a “Party”), and L.K. Bennett U.S.A, Inc., on the other hand (“Merchant” or a “Party” and together with the Agent, the “Parties”), under which Agent shall act as the exclusive agent for the purpose of conducting a sale of certain Merchandise (as defined below) at the Merchant’s stores set forth on Exhibit A (each a “Store” and collectively, the “Stores”) through a “Store Closing”, “Everything Must Go”, “Everything on Sale” or similar themed sale (the “Sale”).