EXHIBIT 10.26 SECOND AMENDMENT TO THE MERCHANT SERVICES AGREEMENT This Second Amendment to the Merchant Services Agreement ("Second Amendment)" is dated as of October , 1998, by and between HURLEY STATE BANK ("Bank") and THE CHILDREN'S PLACE RETAIL...Merchant Services Agreement • February 24th, 1999 • Childrens Place Retail Stores Inc • Retail-family clothing stores
The Open Active Account Fee payable by Company for each calendar month will be no more than an amount equal to 2.22% of the net amount of Card Sales made by Company during such calendar month ("Current Net Sales"). Bank will calculate the amount of the Open Active Account Fee on or about the last day of each calendar month and will collect the Open Active Account Fee each month in accordance with paragraph 3.1(d) of the Merchant Services Agreement. Until February 1, 2000, the sum of the Merchant Fee and Open Active Account Fee payable by Company for each calendar month will be no more than 6.13% of the net amount of Current Net Sales. The amount of the Open Active Account Fee will be subject to change on or after February 1, 2000. 3. This agreement shall remain in effect until February 1, 2000 ("Initial Term"), and thereafter shall automatically renew for additional one (1) year periods (each a "Term") unless either party provides written notice of termination to the other party at lea
EXHIBIT 10.28 SECURITY AGREEMENT--STOCK PLEDGE THIS SECURITY AGREEMENT--STOCK PLEDGE (as may hereafter be amended, supplemented or restated from time-to-time in accordance with the terms hereof, this "Agreement"), dated as of January 1, 1999 is...Security Agreement • February 24th, 1999 • Childrens Place Retail Stores Inc • Retail-family clothing stores • California
EXHIBIT 10.27 December 22, 1998 The Children's Place Retail Stores, Inc. 1 Dodge Drive West Caldwell, New Jersey 07006 RE: 1 DODGE DRIVE, WEST CALDWELL, NEW JERSEY Gentlemen: Please be advised that I represent Suburban Mall V Associates in connection...Lease Agreement • February 24th, 1999 • Childrens Place Retail Stores Inc • Retail-family clothing stores
EXHIBIT 10.27 December 22, 1998 The Children's Place Retail Stores, Inc. 1 Dodge Drive West Caldwell, New Jersey 07006 RE: 1 DODGE DRIVE, WEST CALDWELL, NEW JERSEY Gentlemen: Please be advised that I represent Suburban Mall V Associates in connection with the above captioned Lease Agreement. This letter shall confirm the Landlord's Agreement to extend the term of your Lease for a period of two (2) months, which extension shall commence on April 1, 1999 and shall continue through May 31, 1999. The annual rent to be paid during the two (2) month extension period shall be FORTY FIVE THOUSAND FOUR HUNDRED FIFTY AND 00/100 ($45,450.00) DOLLARS per month. You shall be required to obtain ISRA approval in accordance with the provisions of Article 15.3 of the Lease and deliver the same to the Landlord on or before May 31, 1999. In the event the above terms and condition are acceptable to you, kindly execute a copy of this letter which is enclosed herewith and return the same to me in the postag
