SETTLEMENT AGREEMENTSettlement Agreement • April 11th, 2019 • Citi Trends Inc • Retail-apparel & accessory stores • Delaware
This SETTLEMENT AGREEMENT, dated April 11, 2019 (this “Agreement”), is by and among Citi Trends, Inc., a Delaware corporation (the “Company”), Macellum SPV III, LP, a Delaware limited partnership (“Macellum SPV”), Macellum Management, LP, a Delaware limited partnership (“Macellum Management”), Macellum Advisors GP, LLC, a Delaware limited liability company (“Macellum GP”), and Jonathan Duskin. Macellum SPV, Macellum Management, MCM GP and Mr. Duskin are collectively, “Macellum” and each a “Macellum Party”). The Company and Macellum are referred to herein collectively as the “Parties” or individually as a “Party.”
