Attached files

file filename
EX-32 - EXHIBIT 32 - WEYCO GROUP INCv422751_ex32.htm
EX-31.2 - EXHIBT 31.2 - WEYCO GROUP INCv422751_ex31-2.htm
10-Q - FORM 10-Q - WEYCO GROUP INCv422751_10q.htm
EX-31.1 - EXHIBIT 31.1 - WEYCO GROUP INCv422751_ex31-1.htm

 

Exhibit 10.1

 

  

November 3, 2015

  

Weyco Group, Inc.

333 West Estabrook Boulevard

Glendale, WI 53212

 

Re:Renewal of Expiration Date for that certain $60,000,000.00 Working Cash® Line of Credit (“Line of Credit”) extended by PNC Bank, National Association (the “Bank”) to Weyco Group, Inc. (the “Borrower”)

 

Ladies/Gentlemen:

 

We are pleased to inform you that the Line of Credit has been renewed. The Expiration Date of the Line of Credit, as set forth in that certain promissory note executed and delivered by the Borrower to the Bank dated November 5, 2013 (the “Note”) and/or that certain loan agreement governing the Line of Credit (the “Loan Agreement”), has been extended from November 5, 2015 to November 4, 2016, or such later date as may, in the Bank’s sole discretion, be designated by the Bank by written notice from the Bank to the Borrower, effective on November 6, 2015. All sums due under the Note, the Loan Agreement or any related documents, instruments and agreements (collectively as amended from time to time, the “Loan Documents”) shall be due and payable on the Expiration Date, as extended hereby. All other terms and conditions of the Loan Documents governing the Line of Credit remain in full force and effect.

 

It has been a pleasure working with you and I look forward to a continued successful relationship. Thank you again for your business.

 

Very truly yours,

 

PNC BANK, NATIONAL ASSOCIATION

 

 

By: /s/ James McMullen

 

James McMullen

Senior Vice President

  

 

Form 7F-1 – Multistate Rev. 5/14