FIRST AMENDMENT TO CREDIT AGREEMENTCredit Agreement • July 12th, 2022 • Duluth Holdings Inc. • Retail-apparel & accessory stores • New York
This CREDIT AGREEMENT is entered into as of May 14, 2021, among DULUTH HOLDINGS INC., a Wisconsin corporation (the “Borrower”), the Guarantors (defined herein), the Lenders (defined herein), and BANK OF AMERICA, N.A., as Administrative Agent, Swingline Lender and L/C Issuer.
• ] Shares Duluth Holdings Inc. Class B Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • November 9th, 2015 • Duluth Holdings Inc. • Retail-apparel & accessory stores • New York
SECURITY AND PLEDGE AGREEMENTSecurity and Pledge Agreement • May 19th, 2021 • Duluth Holdings Inc. • Retail-apparel & accessory stores
THIS SECURITY AND PLEDGE AGREEMENT (this “Agreement”) is entered into as of May 14, 2021 among DULUTH HOLDINGS INC., a Wisconsin corporation (the “Borrower”), such other parties that may become Obligors hereunder after the date hereof (together with the Borrower, individually an “Obligor”, and collectively the “Obligors”) and BANK OF AMERICA, N.A., in its capacity as administrative agent (in such capacity, the “Administrative Agent”) for the holders of the Secured Obligations (defined below).
EMPLOYMENT AGREEMENTEmployment Agreement • October 6th, 2015 • Duluth Holdings Inc. • Retail-apparel & accessory stores
THIS EMPLOYMENT AGREEMENT (“Agreement”) is executed as of this 5th day of August, 2015 (“the Effective Date”), by and between Stephanie Pugliese (“Executive”) and Duluth Holdings, Inc. (the “Company”).
DULUTH HOLDINGS INC. INDUCEMENT RESTRICTED STOCK AWARD AGREEMENTInducement Restricted Stock Award Agreement • February 13th, 2024 • Duluth Holdings Inc. • Retail-apparel & accessory stores
This Restricted Stock Award Agreement (this “Agreement”) is executed as of February 12, 2024, by and between Duluth Holdings Inc., a Wisconsin corporation (the “Company”), and Heena Agrawal (the “Executive”). This Agreement is not subject to the 2015 Equity Incentive Plan of Duluth Holdings Inc. (the “Plan”), but all terms used in this Agreement and not otherwise defined herein shall have the same meanings as set forth in the Plan, which Plan is attached hereto as Exhibit A.
AMENDMENT NUMBER ONE TO CREDIT AGREEMENTCredit Agreement • June 5th, 2020 • Duluth Holdings Inc. • Retail-apparel & accessory stores • New York
This AMENDMENT NUMBER ONE TO CREDIT AGREEMENT (this “Amendment”) is entered into as of April 30, 2020 by and among the lenders identified on the signature pages hereof (such lenders, and the other lenders party to the below-defined Credit Agreement from time to time, together with their respective successors and permitted assigns, are referred to hereinafter each individually as a “Lender” and, collectively, as the “Lenders”), BMO HARRIS BANK, N.A., a national banking association (“BMO”), as Administrative Agent, Swingline Lender and L/C Issuer (together with its permitted successors and assigns in such capacity, the “Administrative Agent”) and DULUTH HOLDINGS INC., a Wisconsin corporation (“Borrower”).
RESTRICTIVE COVENANT AGREEMENTRestrictive Covenant Agreement • October 6th, 2015 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
THIS RESTRICTIVE COVENANT AGREEMENT (“Agreement”) is made and entered into by and between Al Dittrich (“Executive”) and Duluth Holdings, Inc. (the “Company”).
DULUTH HOLDINGS INC. RESTRICTED STOCK AGREEMENTRestricted Stock Agreement • October 6th, 2015 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
THIS RESTRICTED STOCK AGREEMENT (the “Agreement”) is made and entered into as of the 2nd day of February, 2015, by and between DULUTH HOLDINGS INC., a Wisconsin corporation (the “Company”), and AI Dittrich (the “Executive”).
RESTRICTED STOCK AGREEMENTRestricted Stock Agreement • October 6th, 2015 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
THIS RESTRICTED STOCK AGREEMENT (the “Agreement”) is made and entered into as of the 1st day of April, 2014, by and between DULUTH HOLDINGS INC., a Wisconsin corporation (the “Company”), and STEPHANIE PUGLIESE (the “Executive”).
GENERAL SECURITY AGREEMENTGeneral Security Agreement • May 22nd, 2018 • Duluth Holdings Inc. • Retail-apparel & accessory stores • New York
This General Security Agreement (this “Agreement”) is dated as of May 17, 2018, by and between DULUTH HOLDINGS INC., a Wisconsin corporation (“Debtor”), with its mailing address as set forth in Section 10(c) hereof, and BMO HARRIS BANK N.A., a national banking association, as Administrative Agent for the Secured Parties (as hereinafter defined) (in such capacity, together with its successors and assigns in such capacity, if any, “Agent”), with its mailing address as set forth in Section 10(c) hereof.
SECOND AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • October 11th, 2016 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
THIS SECOND AMENDED AND RESTATED LOAN AGREEMENT (this “Agreement”), dated as of October 7, 2016, is by and between BMO Harris Bank N.A., formerly known as Harris N.A. (the “Lender”), and Duluth Holdings Inc., a Wisconsin corporation (“Borrower”).
RESTRICTED STOCK AGREEMENTRestricted Stock Agreement • June 8th, 2016 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
This Restricted Stock Agreement (this “Agreement”) is executed as of _______________ by and between Duluth Holdings Inc., a Wisconsin corporation (the “Company”), and _______________ (the “Executive”).
DULUTH HOLDINGS INC. RESTRICTED STOCK AGREEMENTRestricted Stock Agreement • September 22nd, 2015 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
This Restricted Stock Agreement (this “Agreement”) is executed as of by and between Duluth Holdings Inc., a Wisconsin corporation (the “Company”), and (the “Director”).
SIXTH AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • August 7th, 2015 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
This Sixth Amendment to Amended and Restated Loan Agreement (this “Amendment”) dated May 31, 2015, is by and among BMO Harris Bank N.A., formerly known as Harris N.A. (“Lender”), Duluth Holdings Inc., a Wisconsin corporation (“Holdings”), and Duluth Trading Company, LLC, a Wisconsin limited liability company (“Trading,” and collectively with Holdings, the “Borrowers”).
AMENDED AND RESTATED TERM NOTETerm Note • October 6th, 2015 • Duluth Holdings Inc. • Retail-apparel & accessory stores
This Note is the Term Note referred to in the Amended and Restated Loan Agreement between Borrowers and Lender dated as of the date hereof (the Loan Agreement, as amended, modified, supplemented or restated from time to time being the “Loan Agreement”).
FIRST AMENDMENT TO SECOND AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • November 6th, 2017 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
THIS FIRST AMENDMENT TO SECOND AMENDED AND RESTATED LOAN AGREEMENT (this “Amendment”), dated as of September 29, 2017, is by and between BMO Harris Bank N.A., formerly known as Harris N.A. (the “Lender”), and Duluth Holdings Inc., a Wisconsin corporation (“Borrower”).
AMENDED AND RESTATED REVOLVING NOTERevolving Note • August 7th, 2015 • Duluth Holdings Inc. • Retail-apparel & accessory stores
This Note is the Revolving Note referred to in the Amended and Restated Loan Agreement between Borrowers and Lender dated as of the date hereof (the Loan Agreement, as amended, modified, supplemented or restated from time to time being the “Loan Agreement”).
FIFTH AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • August 7th, 2015 • Duluth Holdings Inc. • Retail-apparel & accessory stores
This Fifth Amendment to Amended and Restated Loan Agreement (this “Amendment”) dated March 24, 2015, is by and among BMO Harris Bank N.A., formerly known as Harris N.A. (“Lender”), Duluth Holdings Inc., a Wisconsin corporation (“Holdings”), and Duluth Trading Company, LLC, a Wisconsin limited liability company (“Trading,” and collectively with Holdings, the “Borrowers”).
Duluth Holdings Inc. Executive General Severance Plan Effective April 14, 2022Restrictive Covenant Agreement • April 19th, 2022 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
SECOND AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • August 7th, 2015 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
This Second Amendment to Amended and Restated Loan Agreement (this “Amendment”) dated December 27, 2013, is by and among BMO Harris Bank N.A., formerly known as Harris N.A. (“Lender”), Duluth Holdings Inc., a Wisconsin corporation (“Holdings”), and Duluth Trading Company, LLC, a Wisconsin limited liability company (“Trading,” and collectively with Holdings, the “Borrowers”).
RESTRICTIVE COVENANT AGREEMENTRestrictive Covenant Agreement • July 24th, 2017 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
THIS RESTRICTIVE COVENANT AGREEMENT (“Agreement”) is made and entered into by and between David Loretta (“Executive”) and Duluth Holdings Inc. (the “Company”).
DULUTH HOLDINGS INC. VOTING TRUST AGREEMENTVoting Trust Agreement • March 25th, 2022 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
THIS VOTING TRUST AGREEMENT (the “Agreement”) is made and entered into as of November 1, 2021 by and among the individual named herein as the initial Trustee (such Trustee and his successors hereinafter referred to as the “Trustee”) of the Duluth Holdings Inc. Voting Trust as of the date hereof and the undersigned shareholder of Duluth Holdings Inc. (the “Transferor”).
SEVENTH AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • October 6th, 2015 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
This Seventh Amendment to Amended and Restated Loan Agreement (this “Amendment”) dated July 27, 2015, is by and among BMO Harris Bank N.A., formerly known as Harris N.A. (“Lender”), Duluth Holdings Inc., a Wisconsin corporation (“Holdings”), and Duluth Trading Company, LLC, a Wisconsin limited liability company (“Trading,” and collectively with Holdings, the “Borrowers”).
To: Roger Lewis From: Stephanie PuglieseDuluth Holdings Inc. • October 6th, 2015 • Retail-apparel & accessory stores
S CORPORATION TERMINATION, TAX ALLOCATION AND INDEMNIFICATION AGREEMENTIndemnification Agreement • October 13th, 2015 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
This S Corporation Termination, Tax Allocation and Indemnification Agreement, dated as of , 2015 (the “Agreement”), is made by and among Duluth Holdings Inc., a Wisconsin corporation (the “Company”), and the persons identified on the signature pages hereto who constitute all of the shareholders of the Company on the date hereof (each individually, a “Shareholder,” and collectively, the “Shareholders”).
SECOND AMENDMENT TO LEASELease • August 7th, 2015 • Duluth Holdings Inc. • Retail-apparel & accessory stores
This Second Amendment to Lease is entered into as of the 20th day of December, 2013, by and between Schlecht Port Washington LLC (“Landlord”) and Duluth Holdings Inc. (“Tenant”).
GUARANTYGuaranty • August 7th, 2015 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
In consideration of any credit or other financial accommodation previously, now or hereafter granted by Lender to Duluth Holdings Inc., a Wisconsin corporation and an affiliate of Guarantor, and Duluth Trading Company, LLC, a Wisconsin limited liability company and an affiliate of Guarantor (each, a “Borrower” and jointly, the “Borrowers”), pursuant to that certain Amended and Restated Term Note of even date herewith executed by Borrowers in favor of Lender, as it may be amended, restated, renewed, extended, refinanced or replaced from time to time (the “Term Note”), Guarantor hereby agrees as follows:
FIFTH AMENDED AND RESTATED REVOLVING NOTEDuluth Holdings Inc. • October 11th, 2016 • Retail-apparel & accessory stores
This Note is the Note referred to in the Second Amended and Restated Loan Agreement between Borrower and Lender dated as of the date hereof (as amended, modified, supplemented or restated from time to time, the “Loan Agreement”).
MEMOComplete and Permanent Release • May 1st, 2020 • Duluth Holdings Inc. • Retail-apparel & accessory stores
This memorandum sets forth the understanding reached between the two of us with regard to your Retirement from Duluth Holdings Inc. (the Company).
LEASELease • October 6th, 2015 • Duluth Holdings Inc. • Retail-apparel & accessory stores
THIS LEASE, dated as of September 12, 2014 is made by and between Schlecht Retail Ventures LLC, a Wisconsin limited liability company (“Landlord”), and Duluth Holdings, Inc., a Wisconsin corporation, d/b/a Duluth Trading Company, LLC, a Wisconsin limited liability company. (“Tenant”).
SECOND AMENDMENT TO SECOND AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • November 6th, 2017 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
THIS SECOND AMENDMENT TO SECOND AMENDED AND RESTATED LOAN AGREEMENT (this “Amendment”), dated as of November 1, 2017, is by and between BMO Harris Bank N.A., formerly known as Harris N.A. (the “Lender”), and Duluth Holdings Inc., a Wisconsin corporation (“Borrower”).
FIRST AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • December 7th, 2018 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
THIS AMENDMENT No. 1 (this “Amendment”) is made and entered into this 15th day of October 2018, by and between Duluth Holdings Inc. (the “Company”), and Al Dittrich (the “Employee”), amending that certain Employment Agreement by and between the Company and Employee, dated as of August 5, 2015 (the “Employment Agreement”). Capitalized terms used herein and not otherwise defined shall have the same meaning given to such terms in the Employment Agreement.
AMENDED AND RESTATED SECURITY AGREEMENTSecurity Agreement • August 7th, 2015 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
THIS AMENDED AND RESTATED SECURITY AGREEMENT (this “Agreement”), dated as of June 13, 2011 is from Duluth Holdings Inc. and Duluth Trading Company, LLC, a Wisconsin limited liability company (each a “Company” and jointly, the “Companies”), in favor of Harris N.A. (“Secured Party”).
Port Washington, Wisconsin RETAIL SPACE LEASE by and between Landlord and DULUTH HOLDINGS, INC. Tenant First Floor Date: January 23, 2012Duluth Holdings Inc. • August 7th, 2015 • Retail-apparel & accessory stores • Wisconsin
EIGHTH AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • September 22nd, 2015 • Duluth Holdings Inc. • Retail-apparel & accessory stores • Wisconsin
This Eighth Amendment to Amended and Restated Loan Agreement (this “Amendment” or the “Eighth Amendment”) dated August 31, 2015, is by and among BMO Harris Bank N.A., formerly known as Harris N.A. (“Lender”), Duluth Holdings Inc., a Wisconsin corporation (“Holdings”), and Duluth Trading Company, LLC, a Wisconsin limited liability company (“Trading,” and collectively with Holdings, the “Borrowers”).
