0000731947-02-000003 Sample Contracts

CONSULTING AND SEVERANCE AGREEMENT
Consulting and Severance Agreement • April 1st, 2002 • Swiss Army Brands Inc • Wholesale-jewelry, watches, precious stones & metals • Connecticut

This Consulting and Severance Agreement ("Agreement") is made and entered into as of the 1st day of April, 2001, by and between SWISS ARMY BRANDS, INC., a Delaware corporation (hereinafter referred to as "SABI" or "the Company") and J. MERRICK TAGGART (hereinafter referred to as "Mr. Taggart").

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FLEET NATIONAL BANK
Fleet National Bank • April 1st, 2002 • Swiss Army Brands Inc • Wholesale-jewelry, watches, precious stones & metals • Connecticut

THIS 2001 (SECOND) AMENDED AND RESTATED COMMERCIAL LOAN AGREEMENT (“Agreement”), dated as of September 28, 2001, between FLEET NATIONAL BANK (the “ Bank”), having an office at 157 Church Street, New Haven, Connecticut 06510 and SWISS ARMY BRANDS, INC. (the “Borrower”), having its chief executive office at One Research Drive, Shelton, Connecticut 06484.

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