October 1, 1999
Xx. Xxxxxx Xxxxxxxx
Dear Xx. Xxxxxxxx:
This letter, when accepted by you, shall constitute an amendment to the
Employment Agreement (the "Agreement"), dated February 1, 1994, between G-III
Apparel Group, Ltd. (the "Company") and you.
The Company and you hereby agree that Section 2 of the Agreement shall
be amended to read as follows:
2. Term. The term of this Agreement and of the term of employment (the
"Employment Term") shall terminate on January 31, 2003; provided, however, that
on each January 31st which shall be two years prior to the end of the then
Employment Term, the term of this Agreement and the Employment Term shall be
automatically extended for an additional one-year period unless prior to such
January 31st either party shall have given written notice to the other that the
term of this Agreement and the Employment Term shall not be extended any
further.
Except as modified herein, all terms and provisions of the Agreement
continue in full force and effect.
Very truly yours,
G-III APPAREL GROUP, LTD.
By: /s/ Xxxxx X. Xxxxxx
-------------------------------------
Accepted and agreed to:
/s/ Xxxxxx Xxxxxxxx
---------------------------
Xxxxxx Xxxxxxxx
