CREDIT AGREEMENT Dated as of January 5, 2017 Among CLAIRE’S (GIBRALTAR) INTERMEDIATE HOLDINGS LIMITED and CLAIRE’S GERMANY GMBH as Borrowers, CLAIRE’S SWITZERLAND GMBH CLAIRE’S FRANCE S.A.S. CLAIRE’S ACCESSORIES UK LTD CLAIRE’S ACCESSORIES SPAIN, S.L....Patent Security Agreement • January 10th, 2017 • Claires Stores Inc • Retail-apparel & accessory stores • New York
CREDIT AGREEMENT, dated as of January 5, 2017 (this “Agreement”), among CLAIRE’S (GIBRALTAR) INTERMEDIATE HOLDINGS LIMITED (“CGIH” or “Holdings”) and CLAIRE’S GERMANY GMBH, as borrowers (together with Holdings, each a “Borrower” and together, the “Borrowers”), CLAIRE’S SWITZERLAND GMBH, a limited liability company incorporated under the laws of Switzerland with registered office at c/o Curator & Horwath AG, Badenerstrasse 141, 8004 Zurich, Switzerland, CLAIRE’S FRANCE S.A.S., a société par actions simplifiée (joint-stock company) incorporated under the laws of France and having its registered office at 82, rue Beaubourg, 75003 Paris, France, registered with the Paris Trade and Companies Register (RCS) under the number 342 837 416, CLAIRE’S ACCESSORIES UK LTD, CLAIRE’S ACCESSORIES SPAIN, S.L., CLAIRE’S HOLDINGS S.A. R.L., a société à responsabilité limitée (private limited liability company) incorporated under the laws of the Grand Duchy of Luxembourg and having its registered office at
