Attached files

file filename
8-K - CURRENT REPORT - LAKELAND INDUSTRIES INCv397148_8k.htm
EX-10.1 - EXHIBIT 10.1 - LAKELAND INDUSTRIES INCv397148_ex10-1.htm

 

Exhibit 10.2

 

Summary of Agreement in English

 

 

Contract #02010570858

 

·Type: Overdraft
·Maturity: August 2014
·Original value contract: R$ 350.000,00
·Balance due: R$ 538.499,00 (approximately USD $200,000)
·Discount granted: R$ 230.331,14 (approximately USD $85,000)

 

 

Contract #12348346613

 

·Type: Working Capital
·Maturity: January 2016
·Original value contract: R$ 508.269,57 in December 2013
·Balance due: R$ 509.953,61 (approximately USD $190,000)
·Discount granted: R$ 218.121,47 (approximately USD $81,000)
·Total assumed debt for the two outstanding debt: R$ 1.048.452,61 (approximately USD $391,000)
·Cash repayment: R$ 600.000,00 (approximately USD $224,000)