EXHIBIT 4.3
WILSONS THE LEATHER EXPERTS INC.
0000 XXXXX XXXXXX XXXXX
XXXXXXXX XXXX, XX 00000
January 14, 2002
Bricoleur Capital Management LLC
00000 Xx Xxxxxx Xxxx
Xxxxx 000
Xxx Xxxxx, XX 00000
RE: AMENDMENT TO THE COMMON STOCK PURCHASE AGREEMENT AND
THE REGISTRATION RIGHTS AGREEMENT
Ladies and Gentlemen:
Reference is hereby made to Section 2.1 of the Common Stock Purchase
Agreement, dated as of January 10, 2002 (the "PURCHASE AGREEMENT"), by and among
Wilsons The Leather Experts Inc. (the "COMPANY") and the Purchasers (as defined
therein). Capitalized terms not otherwise defined herein shall have the meanings
ascribed to such terms in the Purchase Agreement.
Notwithstanding anything to the contrary set forth in Section 2.1(a) of the
Purchase Agreement, subject to the satisfaction or waiver by the Purchasers of
the conditions set forth in Section 2.3 of the Purchase Agreement, the Closing
for the purchase and sale of the Shares (as contemplated by the Purchase
Agreement) shall occur at such time as the parties hereto agree but in no event
later than 12:00 p.m. (New York time) on January 23, 2002. The parties hereto
agree that the Per Share Purchase Price shall be $11.00.
The parties further agree that, notwithstanding anything to the contrary
set forth in the Registration Rights Agreement, dated as of January 10, 2002
(the "REGISTRATION RIGHTS AGREEMENT"), by and among the Company and the
Purchasers, the Filing Date with respect to the initial Registration Statement
(each as defined in the Registration Rights Agreement) shall be no later than
February 13, 2002.
Except as expressly amended hereby, the Purchase Agreement and the
Registration Rights Agreement shall continue in full force and effect in
accordance with the provisions thereof. This letter and its validity,
construction and performance shall be governed in all respects by the law of the
State of New York without giving effect to any conflict of law provision
thereof.
This letter may be executed in one or more counterparts, each of which
shall be deemed an original but all of which together shall constitute one and
the same instrument.
WILSONS THE LEATHER EXPERTS INC.
By: /s/ Xxxxx X. Xxxxxxxxxxx
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Name: Xxxxx X. Xxxxxxxxxxx
Title: Senior Vice President and
Chief Financial Officer
ACCEPTED AND AGREED:
BRICOLEUR CAPITAL MANAGEMENT L.L.C.
By: /s/ Xxxxxx X. Xxxxx
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Xxxxxx X. Xxxxx, Managing Director
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