0001415889-13-000927 Sample Contracts

Contract
Debt Subordination Agreement • May 10th, 2013 • Spy Inc. • Ophthalmic goods • New York

THIS NOTE IS SUBORDINATE TO CERTAIN OBLIGATIONS OF THE COMPANY AS DESCRIBED IN THE BFI LOAN DOCUMENTS (DEFINED HEREIN) AND SUBJECT TO THAT CERTAIN DEBT SUBORDINATION AGREEMENT DATED MARCH 19, 2010, AS AMENDED OR MODIFIED FROM TIME TO TIME, AMONG BFI BUSINESS FINANCE AND THE HOLDER.

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AMENDMENT TO PROMISSORY NOTE AND PROMISSORY NOTE NO. 2
Promissory Note Amendment • May 10th, 2013 • Spy Inc. • Ophthalmic goods • California

This AMENDMENT TO PROMISSORY NOTE AND PROMISSORY NOTE NO. 2 (this "Amendment") is entered into as of May 8, 2013 between SPY OPTIC INC., a California corporation (the "Company"), and HARLINGWOOD (ALPHA), LLC, a Delaware limited liability company, ("Holder").

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