EXHIBIT 10.16 BUSINESS LOAN AGREEMENT This Agreement dated as of January 30, 2004, is between Bank of America, N.A. (the "Bank") and Pacific Sunwear of California, Inc., a California corporation (the "Borrower"). 1. LINE OF CREDIT AMOUNT AND TERMS 1.1...Business Loan Agreement • March 26th, 2004 • Pacific Sunwear of California Inc • Retail-apparel & accessory stores • California
GUARANTOR: Pacific Sunwear Stores Corp. Shoppacsun.com Corp. LIMITED GUARANTY To: Bank of America, N.A. 1. The Guaranty. For valuable consideration, the undersigned ("Guarantor") hereby unconditionally guarantees and promises to pay promptly to Bank...Limited Guaranty • March 26th, 2004 • Pacific Sunwear of California Inc • Retail-apparel & accessory stores • California
