MOVADO GROUP, INC., MOVADO GROUP DELAWARE HOLDINGS CORPORATION, MOVADO LLC and MOVADO RETAIL GROUP, INC., as Borrowers LOAN AND SECURITY AGREEMENT Dated as of June 5, 2009 CERTAIN FINANCIAL INSTITUTIONS, as Lenders, and BANK OF AMERICA, N.A., as AgentLoan and Security Agreement • June 9th, 2009 • Movado Group Inc • Watches, clocks, clockwork operated devices/parts • New York
THIS LOAN AND SECURITY AGREEMENT is dated as of June 5, 2009, among MOVADO GROUP, INC., a New York corporation (“Group”), MOVADO GROUP DELAWARE HOLDINGS CORPORATION, a Delaware corporation (“DE Holdings”), MOVADO LLC, a Delaware limited liability company (“LLC”), MOVADO RETAIL GROUP, INC., a New Jersey corporation (“Retail”, and together with Group, DE Holdings and LLC, collectively, “Borrowers”), the financial institutions party to this Agreement from time to time as lenders (collectively, “Lenders”), and BANK OF AMERICA, N.A., a national banking association, as agent for the Lenders (“Agent”).
PLEDGE AGREEMENTPledge Agreement • June 9th, 2009 • Movado Group Inc • Watches, clocks, clockwork operated devices/parts • New York
This PLEDGE AGREEMENT, dated as of June 5, 2009 (as this agreement may be amended, amended and restated, supplemented or otherwise modified, renewed or replaced from time to time, this “Agreement”), is by and among each of the parties listed on Schedule I hereto (each such party together with any other Person that becomes a party hereto pursuant to Section 25 is referred to individually as a “Pledgor” and collectively as the “Pledgors”), and Bank of America, N.A. (“Pledgee”) in its capacity as agent on behalf of the Secured Parties (as defined in the Loan Agreement, as hereinafter defined).
PATENT AND TRADEMARK SECURITY AGREEMENTPatent and Trademark Security Agreement • June 9th, 2009 • Movado Group Inc • Watches, clocks, clockwork operated devices/parts • New York
This PATENT AND TRADEMARK SECURITY AGREEMENT,dated as of June 5, 2009 (as this agreement may be further amended, amended and restated, supplemented or otherwise modified, renewed or replaced from time to time, this “IP Security Agreement”), is made among the corporations and other business entities listed on the signature pages hereof (each, individually, a “Grantor”, and collectively, the “Grantors”), and BANK OF AMERICA, N.A., as agent (the “Agent”) on behalf of the Lenders (as defined below). Each capitalized term used herein shall have the meaning ascribed thereto in the Loan Agreement (as defined below) unless otherwise indicated herein.
