AMENDED AND RESTATED DEFERRED PURCHASE FACTORING AGREEMENTDeferred Purchase Factoring Agreement • February 29th, 2016 • Differential Brands Group Inc. • Apparel & other finishd prods of fabrics & similar matl • New York
We are pleased to confirm the terms and conditions that will govern our funds in use accounting, non-borrowing, notification deferred purchase factoring arrangement with you (the “Agreement”). This Agreement shall amend, replace and supersede in its entirety the Deferred Purchase Factoring Agreement between us and Robert Graham Designs, LLC (herein “Robert Graham Designs”) dated December 23, 2013 and the Amended and Restated Factoring Agreement between us and Hudson Clothing, LLC (herein “Hudson Clothing”) dated September 30, 2013, in each case as supplemented and amended (individually and collectively, the “Factoring Agreement”). This Agreement is intended to set forth the terms and provisions pursuant to which we shall factor your respective sales created or arising on and after the date hereof. This Agreement shall in no way, however, be construed to, nor shall it affect, modify, diminish or break the continuity of any of our rights with respect to and/or our security interests in,
EMPLOYMENT AGREEMENTEmployment Agreement • February 29th, 2016 • Differential Brands Group Inc. • Apparel & other finishd prods of fabrics & similar matl • New York
This EMPLOYMENT AGREEMENT (this “Agreement”), dated as of January 28, 2016, by and between Differential Brands Group Inc. (f/k/a Joe’s Jeans Inc.), a Delaware corporation (the “Company”), and Michael Buckley (“Executive”) shall become effective after full execution and upon the Closing (as defined in the Agreement and Plan of Merger, dated as of September 8, 2015 among RG Parent, LLC (“RG”), JJ Merger Sub LLC and the Company (the “Transaction Agreement”) under the Transaction Agreement (the date of such Closing, the “Effective Date”).
