AMENDMENT NO. 1 TO EXCLUSIVITY LETTER
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AMENDMENT NO. 1 TO EXCLUSIVITY LETTER
THIS AMENDMENT NO. 1 TO EXCLUSIVITY LETTER (this "Amendment"), dated as of September 16, 2005, is made by and among Sun Capital Partners Group IV, Inc. ("Sun IV"), Goody's Family Clothing, Inc. (the "Company"), and ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ (together with Sun IV and the Company, the "Parties").
WHEREAS, the Parties entered into that certain letter agreement, dated August 19, 2005 (the "Exclusivity Letter"); and
WHEREAS, the Parties desire to amend the Exclusivity Letter as set forth herein.
NOW, THEREFORE, in consideration of the foregoing recitals and the mutual promises contained in this Amendment, and other good and valuable consideration, and intending to be legally bound thereby, the Parties hereby agree as follows:
- 1.
- Extension of Exclusivity Period. Section 1 of the Exclusivity Letter is hereby amended by deleting the phrase "(a) September 19, 2005" and replacing it with the following:
- 2.
- Ratification of Binding Provisions. All other binding paragraphs, provisions, and clauses in the Exclusivity Letter not modified by this
Amendment shall remain in full force and effect as originally written.
- 3.
- Counterparts. This Amendment may be executed in one or more counterparts, each of which is an original, but all of which together constitute one and the same instrument.
"(a) Monday, October 3, 2005"
* * * * *
IN WITNESS WHEREOF, the Parties have executed this Amendment as of the day and year first above written.
SUN CAPITAL PARTNERS GROUP IV, INC. |
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/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Vice President |
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GOODY'S FAMILY CLOTHING, INC. |
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/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Chairman of the Board and Chief Financial Officer |
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/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ |
AMENDMENT NO. 1 TO EXCLUSIVITY LETTER
RECITALS