Common use of ORAL AGREEMENTS INEFFECTIVE Clause in Contracts

ORAL AGREEMENTS INEFFECTIVE. THIS AGREEMENT AND THE OTHER “LOAN AGREEMENTS” (AS DEFINED IN SECTION 26.02(a)(2) OF THE TEXAS BUSINESS & COMMERCE CODE, AS AMENDED) REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES, AND THIS AGREEMENT AND THE OTHER WRITTEN LOAN AGREEMENTS MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS BETWEEN THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. Remainder of the Page Left Blank Intentionally Signature Page to Follow Signature Page to Credit Agreement WITNESS the due execution hereof as of the day and year first above written. COMERICA BANK TANDY BRANDS ACCESSORIES, INC. By: /s/ Sxxxxx Xxxxxxx By: /s/ Cxxxx Xxxxxx Name: Sxxxxx Xxxxxxx Name: Cxxxx Xxxxxx Title: Vice President - Texas Division Title: Chief Financial Officer Address: 8000 Xxxxxxxx Xxxxxxx, Xxxxx 000 Xxxxxx, Xxxxx, 00000 Address: 600 X. Xxxxx Blvd., Suite 200 Arlington, Texas 76011 Attn: Sxxxxx Xxxxxxx, Vice President Attn: Cxxxx Xxxxxx, Chief Financial Officer Telefax No.: 200-000-0000 Telefax No.: 800-000-0000

ORAL AGREEMENTS INEFFECTIVE. THIS AGREEMENT AND THE OTHER “LOAN AGREEMENTS” (AS DEFINED IN SECTION 26.02(a)(2) OF THE TEXAS BUSINESS & COMMERCE CODE, AS AMENDED) REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES, AND THIS AGREEMENT AND THE OTHER WRITTEN LOAN AGREEMENTS MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS BETWEEN THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. Remainder of the Page Left Blank Intentionally Signature Page to Follow Signature Page to Credit Agreement WITNESS the due execution hereof as of the day and year first above written. COMERICA BANK TANDY BRANDS ACCESSORIES, INC. By: /s/ Sxxxxx Xxxxxx Xxxxxxx By: /s/ Cxxxx Xxxxx Xxxxxx Name: Sxxxxx Xxxxxx Xxxxxxx Name: Cxxxx Xxxxx Xxxxxx Title: Vice President - Texas Division Title: Chief Financial Officer Address: 8000 0000 Xxxxxxxx Xxxxxxx, Xxxxx 000 Xxxxxx, Xxxxx, 00000 Address: 600 000 X. Xxxxx Blvd., Suite 200 Arlington, Texas 76011 Attn: Sxxxxx Xxxxxx Xxxxxxx, Vice President Attn: Cxxxx Xxxxx Xxxxxx, Chief Financial Officer Telefax No.: 200000-000-0000 Telefax No.: 800000-000-0000

ORAL AGREEMENTS INEFFECTIVE. THIS AGREEMENT AND THE OTHER “"LOAN AGREEMENTS” " (AS DEFINED IN SECTION 26.02(a)(226.02 A (2) OF THE TEXAS BUSINESS & COMMERCE CODE, AS AMENDED) REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES, AND THIS AGREEMENT AND THE OTHER WRITTEN LOAN AGREEMENTS MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS BETWEEN THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. Remainder of the Page Left Blank Intentionally Signature Page to Follow Signature Page to Credit Agreement WITNESS the due execution hereof as of the day and year first above written. COMERICA BANK TANDY BRANDS ACCESSORIES, - TEXAS DIGITALCONVERGENCE.:COM INC. By: /s/ Sxxxxx Xxxxxxx Xxxxxx X. Xxxxxx By: /s/ Cxxxx Xxxxxxx X. Xxxxxxxx ------------------------------- ------------------------------------ Name: Xxxxxx X. Xxxxxx Name: Sxxxxx Xxxxxxx Name: Cxxxx Xxxxxx X. Xxxxxxxx Title: Vice President - Texas Division Title: Chief Financial Officer CFO Address: 8000 Xxxxxxxx Xxxxxxx0000 Xxx Xxxxxx Address: 0000 X. Xxxxxxx Xxxxxxxxxx Xxxxxx, Xxxxx 000 00000 6th Floor X.X. Xxx 000000 Xxxxxx, XxxxxXxxxx 00000 Xxxxxx, 00000 Address: 600 X. Xxxxx Blvd., Suite 200 Arlington, Texas 76011 00000-0000 Attn: Sxxxxx Xxxxxxx, Vice President Xxxxxx X. Xxxxxx Attn: Cxxxx Xxxxxx, Chief Financial Officer Xxxxxxx Xxxxxxxx Telefax No.: 200214/890-000-0000 4369 Telefax No.: 800214/292-000-00006914

ORAL AGREEMENTS INEFFECTIVE. THIS AGREEMENT AND THE OTHER “LOAN AGREEMENTS” (AS DEFINED IN SECTION 26.02(a)(226.02(A)(2) OF THE TEXAS BUSINESS & COMMERCE CODE, AS AMENDED) REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES, AND THIS AGREEMENT AND THE OTHER WRITTEN LOAN AGREEMENTS MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS BETWEEN THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. Remainder of the Page Left Blank Intentionally Signature Page to Follow Signature Page to Credit Agreement Follows WITNESS the due execution hereof as of the day and year first above written. BANK: COMERICA BANK TANDY BRANDS ACCESSORIES, INC. By: /s/ Sxxxxx Xxxxxxx By: /s/ Cxxxx Xxxxxx Name: Sxxxxx Xxxxx Xxxxxxx Name: Cxxxx Xxxxxx Xxxxx Xxxxxxx Title: Vice President - Texas Division TitleBORROWERS: Chief Financial Officer STRATUS PROPERTIES INC., a Delaware corporation By: /s/ Xxxx X. Xxxxx Xxxx X. Xxxxx, Senior Vice President Bank’s Address: 8000 Xxxxxxxx Xxxxxxx0000 Xxx Xxxxxx, 0xx Xxxxx Xxxxxx, Xxxxx 00000 Mail Code 6504 Xxxxxx, Xxxxx 00000-0000 Attn: Xxxxx Xxxxx Telefax No.: (000) 000-0000 STRATUS PROPERTIES OPERATING CO., L.P., a Delaware limited partnership By: STRS L.L.C., a Delaware limited liability company, General Partner By Stratus Properties Inc., a Delaware corporation, Sole Member By: /s/ Xxxx X. Xxxxx Xxxx X. Xxxxx, Senior Vice President Borrowers’ Address: 00 Xxx Xxxxxxx Xxxx., Xxxxx 000 Xxxxxx, Xxxxx, Xxxxx 00000 Address: 600 X. Xxxxx Blvd., Suite 200 Arlington, Texas 76011 Attn: Sxxxxx XxxxxxxXxxxxxx X. Xxxxxxxxx, Vice President Attn: Cxxxx Xxxxxx, Chief Financial Officer III Telefax No.: 200-(000) 000-0000 Telefax NoCIRCLE C LAND, L.P., a Texas limited partnership By: Circle C GP, L.L.C., a Delaware limited liability company, General Partner By Stratus Properties Inc., a Delaware corporation, Sole Member By: /s/ Xxxx X. Xxxxx Xxxx X. Xxxxx, Senior Vice President AUSTIN 290 PROPERTIES, INC., a Texas corporation By: 800-000-0000/s/ Xxxx X. Xxxxx Xxxx X. Xxxxx, Senior Vice President The undersigned, Calera Court, L.P., hereby executes the Agreement to evidence its agreement to be bound by the provisions of Article 4 of Addendum 2 attached to this Agreement, and its obligation and liability for that portion of the Indebtedness under the Calera Court Construction Loan. CALERA COURT, L.P. a Texas limited partnership By: Calera Court Management, L.L.C., a Texas limited liability company, its general partner By: Stratus Properties Operating Co., L.P., a Delaware limited partnership, its Manager By: STRS L.L.C., a Delaware limited liability company, its general partner By: Stratus Properties Inc., a Delaware corporation, its Manager By: /s/ Xxxx X. Xxxxx Xxxx X. Xxxxx, Senior Vice President ADDENDUM 1 DEFINED TERMS ADDENDUM