0001193125-11-097751 Sample Contracts

FOURTH AMENDMENT TO FORBEARANCE AGREEMENT AND SIXTH AMENDMENT TO CREDIT AND SECURITY AGREEMENT
Forbearance Agreement and Credit and Security Agreement • April 14th, 2011 • Phoenix Footwear Group Inc • Footwear, (no rubber)

THIS FOURTH AMENDMENT TO FORBEARANCE AGREEMENT AND SIXTH AMENDMENT TO CREDIT AND SECURITY AGREEMENT (the “Amendment”), dated November 18, 2009, is entered into by and among PHOENIX FOOTWEAR GROUP, INC., a Delaware corporation (“Phoenix Footwear”), PENOBSCOT SHOE COMPANY, a Maine corporation (“Penobscot”), H.S. TRASK & CO., a Montana corporation (“Trask”), CHAMBERS BELT COMPANY, a Delaware corporation (“Chambers”), and PHOENIX DELAWARE ACQUISITION, INC., a Delaware corporation (“Phoenix Acquisition”, and together with Phoenix Footwear, Penobscot, Trask and Chambers, each individually, a “Company,” and collectively, the “Companies”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), acting through its Wells Fargo Business Credit operating division.

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EMPLOYMENT AGREEMENT
Employment Agreement • April 14th, 2011 • Phoenix Footwear Group Inc • Footwear, (no rubber) • Delaware

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is effective as of the 31st day of March, 2011, between Phoenix Footwear Group, Inc. (the “Company”), and Greg W. Slack (the “Executive”).

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