MUTUAL RELEASE AGREEMENTMutual Release Agreement • May 18th, 2015 • Hampshire Group LTD • Knit outerwear mills • New York
This MUTUAL RELEASE AGREEMENT (“Agreement”) is being entered as of May 14, 2015 (the “Execution Date”) by and among Hampshire Group, Limited, a Delaware corporation (“Hampshire”), Hampshire International, LLC, a Delaware limited liability company (“International,” and with Hampshire and their respective affiliates and subsidiaries, the “Hampshire Companies”), and David Gren, on behalf of and for the benefit of himself, his heirs, assigns and representatives (“Gren”) (Gren, International and Hampshire are collectively referred to as the “Parties”), to resolve any and all claims, differences or issues, whether known or presently unknown, between them, including without limitation, claims relating in any way to Gren’s employment with the Hampshire Companies or the termination of his employment, up to and including the date this Agreement is executed, with prejudice.
AMENDMENT NO. 1 TO STOCK PURCHASE AGREEMENTStock Purchase Agreement • May 18th, 2015 • Hampshire Group LTD • Knit outerwear mills • New York
THIS AMENDMENT NO. 1 TO STOCK PURCHASE AGREEMENT (“Amendment”) is made and dated as of May 14, 2015 (the “Amendment Date”), by and among DAVID GREN (“Gren”), MINOR VALLE (“Valle”) (each of Gren and Valle individually is referred to sometimes as a “Buyer” and collectively as the “Buyers”), HAMPSHIRE GROUP, LIMITED, a Delaware corporation (“Hampshire”), HAMPSHIRE INTERNATIONAL, LLC, a Delaware limited liability company (“International”) (Hampshire and International individually are referred to sometimes as a “Seller” and collectively as the “Sellers”) and Rio Garment, S.A., a Sociedad Anónima formed under the laws of Honduras (“Rio”). The parties hereto individually are referred to sometimes as a “Party” and collectively as the “Parties.”
Hampshire Group, Limited New York, NY 10036Hampshire Group LTD • May 18th, 2015 • Knit outerwear mills • New York
Subject to the terms and conditions of this letter agreement, Hampshire Group, Limited (“Company”) hereby engages Pure Fresh Coast, LLC (“Consultant”) as an independent contractor, to consult with and advise Company with respect to the operations of the Company’s subsidiary, Rio Garment, S.A. (“Rio”) (the “Project”) and related matters.
