CONSENT AND FIRST AMENDMENT TO CREDIT AGREEMENTCredit Agreement • April 4th, 2012 • Fossil Inc • Watches, clocks, clockwork operated devices/parts • New York
THIS CONSENT AND FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of April 2, 2012 (the “Amendment Date”), is by and among FOSSIL, INC., a Delaware corporation (the “Borrower”), FOSSIL INTERMEDIATE, INC., a Delaware corporation (“Fossil Intermediate”), FOSSIL TRUST, a business trust formed under the Delaware Business Trust Act (and now existing as a statutory trust under the Delaware Statutory Trust Act), FOSSIL PARTNERS, L.P., a Texas limited partnership (“Fossil Partners”), ARROW MERCHANDISING, INC., a Texas corporation (“Arrow”), FOSSIL STORES I, INC., a Delaware corporation (“Fossil Stores”), FOSSIL HOLDINGS, LLC, a Delaware limited liability company (“Fossil Holdings”), FOSSIL INTERNATIONAL HOLDINGS, INC., a Delaware corporation (“Fossil International”), SKAGEN DESIGNS, LTD., a Nevada corporation (“Skagen US”), the Lenders who are party to the Credit Agreement (as hereinafter defined) and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as th
JOINDER AGREEMENTJoinder Agreement • April 4th, 2012 • Fossil Inc • Watches, clocks, clockwork operated devices/parts
This JOINDER AGREEMENT (this “Agreement”), dated as of April 2, 2012, is executed by SKAGEN DESIGNS, LTD., a Nevada corporation (the “Additional Subsidiary”), pursuant to that certain Credit Agreement dated as of December 17, 2010, by and among Fossil, Inc., a Delaware corporation (the “Borrower”), certain of its Subsidiaries, the lenders time to time party thereto, and WELLS FARGO BANK, NATIONAL ASSOCIATION in its capacity as administrative agent for the Lenders and as collateral agent for the Secured Parties (the “Agent”) (as amended, restated, supplemented, renewed, extended or otherwise modified from time to time, the “Credit Agreement”). Capitalized terms used but not otherwise defined herein shall have the meanings therefor specified in the Credit Agreement.
