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Document Preview Cross-Default and Term Extension Agreement |
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Title: |
Cross-Default and Term Extension Agreement |
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Entities: |
Jones Apparel Group, Inc.; PRL USA, Inc.; The Polo/Lauren Company, L.P.; Polo Ralph Lauren Corporation; Jones Investment Co., Inc. |
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Date: |
2003 |
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Size: |
3KB total |
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Price: |
$31 |
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ID: |
#156040 |
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CROSS-DEFAULT AND TERM EXTENSION AGREEMENT, dated this 11th day of May, 1998 by and between PRL USA, Inc. ("Polo''), The Polo/Lauren Company, L.P. ("PLC"), Polo Ralph Lauren Corporation ("PRLC"), Jones Apparel Group, Inc. ("Jones") and Jones Investment Co., Inc. ("Jones Canada"),
WHEREAS, certain of the parties hereto are parties to the following agreements:
a. A License Agreement (the "Lauren License") between Polo and Jones dated as of October 18, 1995 with respect to products bearing the "Lauren" trademark ("Lauren Products");
b. A Design Services Agreement (the "Lauren Design Agreement") between PRLC and Jones dated as of October 18, 1995 with respect to Lauren Products;
c. A License Agreement (the "Lauren Canada License") between PLC and Jones Canada dated as of May 1, 1996 with respect to Lauren Products;
d. A Design Services Agreement (the "Lauren Canada Design Agreement") between PRLC and Jones Canada dated as of May 1, 1996 with respect to Lauren Products;
e. A License Agreement (the "Ralph License") between Polo and Jones dated as of May , 1998 with respect to products bearing the "Ralph/Ralph Lauren" trademark ("Ralph Products");
f. A Design Services Agreement between PRLC and Jones with respect to Ralph Products.
g, A License Agreement (the "Ralph Canada License") between PLC and Jones Canada dated as of May , 1998 with respect to Ralph Products; and
h. A Design Services Agreement between PRLC and Jones Canada dated as of May , 1998 with respect to Ralph Products.
NOW, THEREFORE, in consideration of the foregoing and of the the mutual covenants contained herein, the parties hereto hereby agree as follows:
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