April 26, 2000 Mr. Evan Guillemin dELiA*s, Inc. 435 Hudson St. New York, N.Y. 10014 Dear Evan: Allfirst Bank hereby agrees to waive provision 3(q) of the Construction Loan Agreement dated August 6, 1999, among Allfirst Bank, dELiA*s Distribution...Construction Loan Agreement • April 28th, 2000 • Delias Inc • Retail-catalog & mail-order houses
Allfirst Bank hereby agrees to waive provision 3(q) of the Construction Loan Agreement dated August 6, 1999, among Allfirst Bank, dELiA*s Distribution Company and dELiA*s, Inc. ("the Loan Agreement), through May 5, 2001 only, upon payment of a $5,000 covenant waiver fee. This provision requires a minimum fixed charge coverage ratio of 1.4 to 1.0. All other provisions of the loan documents remain unchanged.
EMPLOYMENT AGREEMENT BETWEEN dELiA*s INC. AND JAMES COOPER DATED AS OF FEBRUARY 9, 2000Employment Agreement • April 28th, 2000 • Delias Inc • Retail-catalog & mail-order houses • New York
