Amendment to Warrant Agreement between Bluefly, Inc. and Rosenthal & Rosenthal, Inc. dated March 22, 2002

Summary

Bluefly, Inc. and Rosenthal & Rosenthal, Inc. have agreed to amend a warrant originally issued on March 30, 2001, which allowed Rosenthal & Rosenthal to purchase 50,000 shares of Bluefly's common stock. The amendment extends the expiration date of the warrant from March 30, 2006, to March 30, 2007, and corrects certain date references in the original document. All other terms of the warrant remain unchanged.

EX-10.34 12 k20188ex10_34.txt AMEND. TO WARRANT ISSUED TO ROSENTHAL & ROSENTHAL Exhibit 10.34 March 22, 2002 Bluefly, Inc. 42 West 39th Street New York, NY 10018 Gentlemen: Reference is made to the Warrant issued to us by you to purchase 50,000 shares of common stock of Bluefly, Inc. dated March 30, 2001 (the "Warrant"). This will confirm that the Warrant is hereby amended as follows: 1. The third line of the Warrant which reads "expiring March 30, 2006" is deleted and the following is substituted in its place and stead: "March 30, 2007." 2. The date "March ____, 2001" in the third line of the first full paragraph of the Warrant is hereby deleted and the following is substituted in its place and stead: "March 30, 2001." 3. The date "March ____, 2006" in the fourth line of the first full paragraph of the Warrant is hereby deleted and the following is substituted in its place and stead: "March 30, 2007." Except as hereinabove specifically set forth, the Warrant shall continue unmodified. Very truly yours, ROSENTHAL & ROSENTHAL, INC. /s/ J. Michael Stanley ---------------------- J. Michael Stanley Executive Vice President Agreed: BLUEFLY, INC. By: /s/ E. Kenneth Seiff -------------------- Name: E. Kenneth Seiff Title: Chief Executive Officer Attest: - -------------------------------- Name: Title: