BEC GROUP, INC. 555 THEODORE FREUD AVENUE SUITE B-302 RYE, NEW YORK 10580 TEL: (914) 967-9400 FAX: (914) 967-9405/7 E-MAIL: BECGroup.com MARTIN E. FRANKLIN CHAIRMAN OF THE BOARD Mr. Robert Bolle and Bolle Family 1148, Avenue General Andrea Arbent...

                               BEC GROUP, INC.
                          000 XXXXXXXX XXXXX XXXXXX
                                XXXXX X-000
                            XXX, XXX XXXX 00000
                            TEL: (000) 000-0000
                           FAX: (000) 000-0000/7
                           E-MAIL:  XXXXxxxx.xxx


XXXXXX X. XXXXXXXX
CHAIRMAN OF THE BOARD



Xx. Xxxxxx Xxxxx and Bolle Family
0000, Xxxxxx Xxxxxxx Xxxxxx
Xxxxxx 00000
Xxxxxx

Dear Xxxxxx and fellow Bolle family members:

This letter confirms our agreement that in the event that the Series A
preferred stock outstanding in Bolle Inc. is not paid in full by its due
date, that the preferred stock will start accruing interest from July, 2000
on the same terms as are outlined in the Series B preferred stock.

Yours sincerely,

/s/ Xxxxxx X. Xxxxxxxx
-----------------------
Xxxxxx X. Xxxxxxxx