CYGNE DESIGNS, INC. 11 West 42nd Street New York, New York 10036
Exhibit 10.2
CYGNE DESIGNS, INC.
11 West 42nd Street
New York, New York 10036
October 19, 2005
Diversified Apparel Resources, Inc.
5804 E. Slauson Ave.
Commerce, California 90040
Gentlemen:
Reference is made to that certain Registration Rights Agreement, dated as of July 31, 2005, as amended (the Registration Rights Agreement), by and between Cygne Designs, Inc. (Cygne) and Commerce Clothing Company LLC (now known as Diversified Apparel Resources, Inc.) (Diversified).
The parties agree that Section 2(a) of the Registration Rights Agreement is hereby amended by replacing the last sentence of Section 2(a) with the following:
The Company shall use its commercially reasonable efforts to cause the Registration Statement and the registration of the Registered Securities thereunder to be declared effective by the Commission no later than December 15, 2005 or such other date as the parties shall mutually agree in writing (the Effectiveness Date).
Except as set forth herein, the Registration Rights Agreement shall remain in full force and effect.
Very truly yours, |
/s/ Bernard Manuel |
Bernard Manuel |
President |
ACCEPTED AND AGREED: | ||
DIVERSIFIED APPAREL RESOURCES, INC. | ||
By: | /s/ Hubert Guez | |
Name: | Hubert Guez | |
Title: | Manager | |
215 GZ PARTNERS | ||
By: | /s/ Hubert Guez | |
Name: | Hubert Guez | |
Title: |
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GUEZ LIVING TRUST DATED DECEMBER 6, 1996 | ||
By: | /s/ Hubert Guez | |
Name: | Hubert Guez | |
Title: | Trustee | |
GRIFFIN JAMES ARON GUEZ IRREVOCABLE TRUST | ||
DATED JANUARY 1, 1996 | ||
By: | /s/ Marguerite Ester Guez | |
Name: | Marguerite Ester Guez | |
Title: | Trustee | |
STEPHAN AVNER GELIX GUEZ IRREVOCABLE | ||
TRUST DATED JANUARY 1, 1996 | ||
By: | /s/ Stephan Guez | |
Name: | Stephan Guez | |
Title: | Trustee | |
/s/ Hubert Guez | ||
Hubert Guez |
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