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LEASE MODIFICATION AGREEMENT
THIS LEASE MODIFICATION AGREEMENT, made this 10th day of March,
2004 by
and between 1000 SECAUCUS ROAD, L.L.C. (as
successor in interest to Hartz
Mountain Associates), a New Jersey limited
liability company, having an office
at 400 Plaza Drive, P.O. Box 1515,
Secaucus, New Jersey 07096-1515 (hereinafter
referred to as "Landlord"), and G-III
LEATHER FASHIONS, INC., a New York
corporation having an office at 512 Seventh
Avenue, New York, New York 10018
(hereinafter referred to as "Tenant").
WITNESSETH:
WHEREAS, by Lease dated September 21, 1993, as amended (the
"Lease"),
Landlord leased to Tenant and Tenant hired
from Landlord 107,186 square feet of
Floor Space located at 1000 Secaucus Road
in Secaucus , New Jersey (hereinafter
the "Demised Premises") (all capitalized
terms not expressly defined herein
shall have their respective meanings as set
forth in the Lease);
WHEREAS, the original Term of the Lease expired on February 28,
2000;
WHEREAS, Tenant exercised the first of two (2) options to extend
the
Term for one (1) period of five (5) years
commencing March 1, 2000 through
February 28, 2005 (the "First Extended
Period");
WHEREAS, Tenant desires to amend the Lease to extend the First
Extended
Period for six (6) additional months
through August 31, 2005; and
NOW, THEREFORE, for and in consideration of the Lease, the
mutual
covenants herein contained and the
consideration set forth herein, the parties
agree as follows:
1. Preamble. The foregoing preambles are hereby incorporated by
reference herein and made a part
hereof.
2. Extension of First Extended Period. Effec
