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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>UNITED STATES</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>SECURITIES AND EXCHANGE COMMISSION</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Washington, D.C. 20549</b></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>CURRENT REPORT</b></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Registrant&#8217;s telephone number, including area code)</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Former name or former address, if changed since last report)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Securities registered pursuant to Section 12(b) of the Act:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

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    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: center">&#160;<span style="font: 10pt Times New Roman, Times, Serif"></span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; text-align: center">&#160;<span style="font: 10pt Times New Roman, Times, Serif"></span></td></tr>
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<p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><span style="font: 10pt Times New Roman, Times, Serif">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</span></p>



<p style="margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: right; margin-top: 0pt; margin-bottom: 0pt"><span style="font: 10pt Times New Roman, Times, Serif">Emerging growth company <span style="font-family: Wingdings"><span id="xdx_90C_edei--EntityEmergingGrowthCompany_c20201223__20201223_zveivaxwqoU1"><ix:nonNumeric contextRef="From2020-12-23to2020-12-23" format="ixt:booleanfalse" name="dei:EntityEmergingGrowthCompany">&#168;</ix:nonNumeric></span></span></span></p>

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<p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><span style="font: 10pt Times New Roman, Times, Serif">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. <span style="font-family: Wingdings">&#168;</span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">&#160;</p>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b></b>&#160;</p>

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<td style="width: 0"></td><td style="width: 0.75in"><b>Item 1.01</b></td><td><b>Entry into a Material Definitive Agreement.</b></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On December&#160;23, 2020, in connection with the consummation
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Agreement (as defined below). The information under Item 2.01 below with respect to the Transition Services Agreement is incorporated
by reference into this Item 1.01. The description of the Transition Services Agreement does not purport to be complete. The description
of the Transition Services Agreement is qualified in its entirety by reference to the copy of the Transition Services Agreement
filed herewith as Exhibit&#160;10.1 and incorporated herein by reference.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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<td style="width: 0"></td><td style="width: 0.75in"><b>Item 1.02</b></td><td><b>Termination of a Material Definitive Agreement.</b></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As previously disclosed, AnnTaylor Loft GP Lux S.&#224; r.l.
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entered into a Conditional Assignment Agreement, dated July&#160;23, 2020 (the &#8220;Conditional Assignment Agreement&#8221;),
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the Term Credit Agreement, dated as of August&#160;21, 2015 (as amended, restated, supplemented or otherwise modified from time
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agent., which lenders include those who are party to the Restructuring Support Agreement with the Company and certain of its subsidiaries.
Pursuant to the Conditional Assignment Agreement, upon the occurrence of certain events set forth therein, the LuxCos had agreed
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and trademark rights, and the Agent had agreed to grant Annco,&#160;Inc., an indirect subsidiary of the Company, a license to continue
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In connection with the 363 Sale, on December&#160;23, 2020,
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Agreement was terminated without any liability, obligation or penalty incurred by any party to the Conditional Assignment Agreement
as a result of such termination. The foregoing description of the LuxCos Termination Agreement is qualified in its entirety by
reference to the copy of the LuxCos Termination Agreement filed herewith as Exhibit&#160;10.2 and incorporated herein by reference.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.75in"><b>Item&#160;2.01</b></td><td><b>Completion of Acquisition or Disposition of Assets.</b></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As previously disclosed, on July&#160;23, 2020, Company and
certain of its subsidiaries filed voluntary petitions (the &#8220;Chapter 11 Cases&#8221;) under chapter 11 of title 11 of the
United States Code (the &#8220;Bankruptcy Code&#8221;) in the United States Bankruptcy Court for the Eastern District of Virginia
(the &#8220;Bankruptcy Court&#8221;). Also as previously reported, on November&#160;26, 2020, the Company, together with certain
of its subsidiaries (collectively, the &#8220;Sellers&#8221;), entered into an asset purchase agreement (the &#8220;Asset Purchase
Agreement&#8221;) with Premium Apparel LLC (the &#8220;Purchaser&#8221;), an affiliate of Sycamore Partners Management, L.P.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pursuant to the Asset Purchase Agreement, on December&#160;23,
2020, the Sellers completed their sale of assets relating to their Ann Taylor, LOFT, Lane Bryant and Lou&#160;&amp; Grey brands
to the Purchaser (the &#8220;363 Sale&#8221;) for approximately $540.0 million, subject to certain customary purchase price adjustments
as set forth in the Asset Purchase Agreement. In addition, the Purchaser assumed certain related liabilities. The 363 Sale was
conducted under the provisions of Section&#160;363 of the Bankruptcy Code and was approved by the Bankruptcy Court. The Company
anticipates that there will be no proceeds from the 363 Sale available for distribution to the Company&#8217;s common stockholders.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In connection with the consummation of the 363 Sale, on December&#160;23,
2020, the obligations under the Company&#8217;s debtor-in-possession credit agreements were repaid in full (but with respect to
any outstanding letters of credit under the debtor-in-possession asset based revolving credit facility, such letters of credit
were cash collateralized, backstopped, replaced, continued under new credit facilities or otherwise accommodated for), and such
credit agreements were terminated.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pursuant to the Asset Purchase Agreement, substantially all
associates of the Sellers whose duties are primarily related to the Ann Taylor, LOFT, Lane Bryant and Lou&#160;&amp; Grey brands
or the corporate functions of the Sellers are expected to begin employment with the Purchaser on January&#160;1, 2021. As a result,
on December&#160;23, 2020, the Company entered into a Transition Services Agreement (the &#8220;Transition Services Agreement&#8221;)
with the Purchaser, pursuant to which, among other things, the Purchaser has agreed to provide the Company with specified information
technology, human resources, financial services, accounting, corporate, legal, asset protection, logistics and other services,
which had previously been provided by the Sellers&#8217; employees in the ordinary course of business, through confirmation and
effectiveness of the Company&#8217;s plan of reorganization and during the course of the Company&#8217;s wind-down and on the terms
and for the fees set forth therein.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The foregoing description of the Asset Purchase Agreement is
not complete and is qualified in its entirety by reference to the Asset Purchase Agreement, a copy of which is attached to this
Current Report on Form&#160;8-K as Exhibit&#160;2.1 and is hereby incorporated by reference in this Item 2.01.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.75in"><b>Item&#160;2.05</b></td><td><b>Costs Associated with Exit or Disposal Activities.</b></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Company is currently unable in good faith to make a determination
of an estimate or range of estimates required to be disclosed by paragraph (b), (c)&#160;or (d)&#160;of Item 2.05 of Form&#160;8-K
with respect to the 363 Sale.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> <b>Item 5.02</b> <b>&#160;&#160;&#160;&#160;&#160;Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</b></p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On December&#160;23, 2020, in connection with the consummation
of the 363 Sale on such date, the following named executive officers of the Company resigned from the following positions with
the Company: Gary Muto, Chief Executive Officer; Dan Lamadrid, Executive Vice President and Chief Financial Officer; and Justin
MacFarlane, Executive Vice President and Chief Customer Officer.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.75in"><b>Item 7.01</b></td><td><b>Regulation FD Disclosure.</b></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In connection with the Company&#8217;s consummation of the 363
Sale, the Company issued a press release on December&#160;23, 2020, a copy of which is attached to this Current Report on Form&#160;8-K
as Exhibit&#160;99.1.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.75in"><b>Item 9.01</b></td><td style="text-align: justify"><b>Financial Statements and Exhibits.</b></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(d)&#160; &#160;&#160;&#160;&#160;&#160;&#160;<b><i>Exhibits</i></b>.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr>
    <td style="padding-right: 5pt; text-align: left; vertical-align: top; width: 10%; padding-left: 5pt">Exhibit<br />
Number</td>
    <td style="vertical-align: bottom; width: 1%">&#160;</td>
    <td style="padding-right: 5pt; vertical-align: bottom; width: 89%; text-align: left; padding-left: 5pt">Description</td></tr>
<tr style="vertical-align: bottom">
    <td style="border-top: black 1pt solid; padding-right: 5pt; padding-left: 5pt">&#160;</td>
    <td>&#160;</td>
    <td style="border-top: black 1pt solid; padding-right: 5pt; padding-left: 5pt">&#160;</td></tr>
<tr>
    <td style="padding-right: 5pt; vertical-align: top; padding-left: 5pt"><a href="https://www.sec.gov/Archives/edgar/data/1498301/000110465920131052/tm2036043d2_ex2-1.htm" style="-sec-extract: exhibit">2.1*</a></td>
    <td style="vertical-align: bottom">&#160;</td>
    <td style="padding-right: 5pt; vertical-align: top; padding-left: 5pt"><a href="https://www.sec.gov/Archives/edgar/data/1498301/000110465920131052/tm2036043d2_ex2-1.htm" style="-sec-extract: exhibit">Asset Purchase Agreement (incorporated by reference to Exhibit&#160;2.1 to Current Report on Form&#160;8-K filed on December&#160;1, 2020).</a></td></tr>
<tr>
    <td style="padding-right: 5pt; vertical-align: top; padding-left: 5pt"><a href="tm2039145d1_ex10-1.htm">10.1*</a></td>
    <td style="vertical-align: bottom">&#160;</td>
    <td style="padding-right: 5pt; vertical-align: top; padding-left: 5pt"><a href="tm2039145d1_ex10-1.htm">Transition Services Agreement.</a></td></tr>
<tr>
    <td style="padding-right: 5pt; vertical-align: top; padding-left: 5pt"><a href="tm2039145d1_ex10-2.htm">10.2</a></td>
    <td style="vertical-align: bottom">&#160;</td>
    <td style="padding-right: 5pt; vertical-align: top; padding-left: 5pt"><a href="tm2039145d1_ex10-2.htm">LuxCos Termination Agreement.</a></td></tr>
<tr>
    <td style="padding-right: 5pt; vertical-align: top; padding-left: 5pt"><a href="tm2039145d1_ex99-1.htm" style="-sec-extract: exhibit">99.1</a></td>
    <td style="vertical-align: bottom">&#160;</td>
    <td style="padding-right: 5pt; vertical-align: top; padding-left: 5pt"><a href="tm2039145d1_ex99-1.htm" style="-sec-extract: exhibit">Press Release issued December&#160;23, 2020.</a></td></tr>
<tr>
    <td style="padding-right: 5pt; vertical-align: top; padding-left: 5pt">104</td>
    <td style="vertical-align: bottom">&#160;</td>
    <td style="padding-right: 5pt; vertical-align: top; padding-left: 5pt">Cover Page&#160;Interactive Data File. The cover page&#160;XBRL tags are embedded within the inline XBRL document (contained in Exhibit&#160;101).</td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><tr style="vertical-align: top; text-align: left">
<td style="width: 0in"></td><td style="width: 0.25in; text-align: left">*</td><td style="text-align: left">Certain schedules and similar attachments have been omitted.
The Company agrees to furnish a supplemental copy of any omitted schedule or attachment to the
Securities and Exchange Commission upon request.</td>
</tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Forward-Looking Statements</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Certain statements or information made within this Current Report
on Form&#160;8-K may constitute &#8220;forward-looking statements&#8221; within the meaning of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results
to differ materially. Forward-looking statements are statements related to future, not past, events, and often contain words such
as &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;intend,&#8221; &#8220;plan,&#8221; &#8220;believe,&#8221; &#8220;seek,&#8221;
 &#8220;see,&#8221; &#8220;will,&#8221; &#8220;would,&#8221; &#8220;estimate,&#8221; &#8220;forecast,&#8221; &#8220;target,&#8221;
 &#8220;preliminary&#8221; or &#8220;range,&#8221; or similar words. Forward-looking statements are based only on the Company&#8217;s
current assumptions and views of future events and financial performance. They are subject to known and unknown risks and uncertainties,
many of which are outside of the Company&#8217;s control that may cause the Company&#8217;s actual results to be materially different
from planned or expected results. Those risks and uncertainties include, but are not limited to, risks attendant to the bankruptcy
process, including the Company&#8217;s ability to obtain approval from the Bankruptcy Court with respect to motions or other requests
made to the Bankruptcy Court throughout the course of the Chapter 11 Cases; the ability of the Company to negotiate, develop, confirm
and consummate a plan of reorganization; the effects of the Chapter 11 Cases, including increased legal and other professional
costs necessary to execute the Company&#8217;s reorganization, on the Company&#8217;s liquidity (including the availability of
operating capital during the pendency of the Chapter 11 Cases); the length of time that the Company will operate under Chapter
11 protection; and risks associated with third-party motions in the Chapter 11 Cases. Please refer to the Company&#8217;s Annual
Report on Form&#160;10-K for the fiscal year ended August&#160;1, 2020 and subsequent filings with the Securities and Exchange
Commission for a further discussion of risks and uncertainties. The Company does not undertake to publicly update or review its
forward-looking statements, even if experience or future changes make it clear that the projected results expressed or implied
will not be achieved.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>SIGNATURE</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">ASCENA RETAIL GROUP,&#160;INC.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(Registrant)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Date: December&#160;23, 2020</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="width: 3%">By:</td>
    <td style="border-bottom: Black 1pt solid; width: 47%">/s/ Carrie Teffner</td>
    <td style="width: 50%">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td>Carrie Teffner</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td>Interim Executive Chair of the Board</td>
    <td>&#160;</td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b></b></p>

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<TYPE>EX-10.1
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<FILENAME>tm2039145d1_ex10-1.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0"><B>Exhibit 10.1</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>TRANSITION SERVICES AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">dated as of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">December&nbsp;23, 2020</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">among</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>LANE BRYANT BRANDS OPCO LLC,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PREMIUM BRANDS OPCO LLC,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PREMIUM BRANDS SERVICES LLC</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ASCENA RETAIL GROUP,&nbsp;INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>TABLE OF CONTENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-variant: small-caps"><U>Page</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps; text-transform: uppercase">Article&nbsp;1</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Definitions</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; font-variant: small-caps">1</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; width: 12%">&nbsp;</TD>
    <TD STYLE="width: 78%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 10%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;1.01.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Definitions</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;1.02.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Construction</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps; text-transform: uppercase">Article&nbsp;2</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Services</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; font-variant: small-caps">3</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;2.01.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Services</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">3</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;2.02.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Standard of Service</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">4</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;2.03.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Changes to the Services</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;2.04.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Third Party Licenses and Consents</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;2.05.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Third Party Providers</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;2.06.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Cooperation</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;2.07.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Intellectual Property</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">6</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;2.08.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Data Ownership and Data Protection</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">7</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;2.09.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Force Majeure</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">7</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps; text-transform: uppercase">Article&nbsp;3</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Employees</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; font-variant: small-caps">8</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;3.01.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Current Employee Services</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">8</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;3.02.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Current Employee Matters</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">9</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;3.03.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Insurance</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">10</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;3.04.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Selling Entities as Employer</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">10</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;3.05.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Trade Services Employees</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;3.06.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Remaining and Former Employees</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps; text-transform: uppercase">Article&nbsp;4</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Service Costs</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; font-variant: small-caps">12</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;4.01.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Service Costs Generally</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">12</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;4.02.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Compensation Costs</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">12</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;4.03.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Taxes</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;4.04.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Invoicing and Settlement</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;4.05.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Right to Offset</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">14</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps; text-transform: uppercase">Article&nbsp;5</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Additional Agreements</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; font-variant: small-caps">15</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;5.01.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Confidentiality</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">15</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;5.02.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Information Technology Systems</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">15</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 12%"><FONT STYLE="font-size: 10pt">Section&nbsp;5.03.</FONT></TD>
    <TD STYLE="width: 78%"><FONT STYLE="font-size: 10pt"><I>Books and Records</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 10%"><FONT STYLE="font-size: 10pt">16</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;5.04.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Compliance with Applicable Law</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">16</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;5.05.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Employee Matters</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">16</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps; text-transform: uppercase">Article&nbsp;6</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Term and Termination</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; font-variant: small-caps">17</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;6.01.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Term</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">17</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;6.02.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Termination of Services</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">17</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;6.03.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Termination of this Agreement</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">18</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps; text-transform: uppercase">Article&nbsp;7</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Indemnification; Limitation on Liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; font-variant: small-caps">18</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;7.01.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Indemnification</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">18</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;7.02.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Indemnification Procedures</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">19</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;7.03.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Calculation of Damages</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">19</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;7.04.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>No Representations</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">19</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;7.05.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Exclusivity</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">19</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;7.06.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Limitation on Liability</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">19</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps; text-transform: uppercase">Article&nbsp;8</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Miscellaneous</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; font-variant: small-caps">20</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;8.01.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Notices</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">20</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;8.02.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Amendments and Waivers</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;8.03.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Costs</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;8.04.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Successors and Assigns</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;8.05.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Governing Law</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">22</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;8.06.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Jurisdiction</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">22</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;8.07.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Waiver of Jury Trial</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">22</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;8.08.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Counterparts; Effectiveness; Third Party Beneficiaries</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">22</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;8.09.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Entire Agreement</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">23</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;8.10.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Severability</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">23</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;8.11.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Independent Contractor</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">23</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;8.12.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Non-Exclusivity</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">23</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;8.13.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Specific Performance</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">23</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Section&nbsp;8.14.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><I>Asset Purchase Agreement</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">23</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>SCHEDULES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Schedule A: Seller Transition Services</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Schedule B: Buyer Transition Services</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>TRANSITION SERVICES AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">TRANSITION SERVICES AGREEMENT (this &ldquo;<B>Agreement</B>&rdquo;)
dated as of December&nbsp;23, 2020 among Lane Bryant Brands Opco LLC, an Ohio limited liability company (&ldquo;<B>LB Opco</B>&rdquo;),
Premium Brands Services LLC, an Ohio limited liability company (&ldquo;<B>PB Services</B>&rdquo;), Premium Brands Opco LLC, an
Ohio limited liability company (&ldquo;<B>PB Opco</B>&rdquo;, and together with LB Opco and PB Services, &ldquo;<B>Buyer</B>&rdquo;),
and Ascena Retail Group,&nbsp;Inc., a Delaware corporation (&ldquo;<B>Seller</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">W I T N E S S E T H:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, Premium Apparel LLC (&ldquo;<B>Buyer
Holdco</B>&rdquo;) and Seller are parties to that certain Asset Purchase Agreement dated as of November&nbsp;26, 2020 (the &ldquo;<B>Asset
Purchase Agreement</B>&rdquo;), pursuant to which Buyer Holdco or one or more of the Buyer Designees (as defined therein) has agreed
to purchase from the Selling Entities (as defined therein), and the Selling Entities have agreed to sell to Buyer Holdco or one
or more of the Buyer Designees, the Purchased Assets (as defined therein), and Buyer Holdco or one or more of the Buyer Designees
has agreed to assume from the Selling Entities, the Assumed Liabilities (as defined therein), in each case pursuant to the terms
and subject to the conditions set forth in the Asset Purchase Agreement and further subject to the Sale Order and any Final Orders
of the Bankruptcy Court in the Bankruptcy Case; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, the Asset Purchase Agreement contemplates
that the parties hereto will, at the Closing (as defined therein), enter into this Agreement for the provision of certain transitional
services by each party, upon the terms and provisions and subject to the conditions of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">NOW, THEREFORE, in consideration of the
foregoing and the covenants and agreements contained in this Agreement, the sufficiency of which are hereby acknowledged, the parties
to this Agreement agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">Article&nbsp;1</FONT><FONT STYLE="font-variant: small-caps"><BR>
Definitions</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;1.01.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Definitions</I>.
(a)&nbsp;Capitalized terms used but not defined in this Agreement shall have the respective meanings assigned to such terms in
the Asset Purchase Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Each
of the following terms is defined in the Section&nbsp;set forth opposite such term:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 70%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; margin-left: 1.1in">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt"><B>Term</B></FONT></TD>
    <TD STYLE="width: 15%; text-align: center"><FONT STYLE="font-size: 10pt"><B>Section</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Agreement </FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Preamble</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Asset Purchase Agreement</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Recitals</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Baseline Period</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>2.02(a)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Current Employee Term</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>3.01(a)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Buyer</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Preamble</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 70%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; margin-left: 1.1in">
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt"><B>Term</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><B>Section</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">Buyer Directions</FONT></TD>
    <TD STYLE="text-align: center; width: 15%"><FONT STYLE="font-size: 10pt"><U>3.02(a)(ii)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Buyer Holdco</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Recitals</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Compensation Costs</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>4.02(a)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Confidential Information</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>5.01(a)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Developed Intellectual Property</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>2.07(d)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Force Majeure</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>2.09(a)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">GDPR</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>2.08</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Indemnified Party</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>7.02</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Indemnifying Party</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>7.02</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Invoice Accounting Referee </FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>4.04(d)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Invoice Date</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>4.04(a)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Invoice Dispute</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>4.04(d)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">IT Systems</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>5.02(a)&nbsp;</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">LB Opco</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Preamble</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Payment Date</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>4.04(b)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">PB Opco</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Preamble</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">PB Services</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Preamble</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Provider Entity</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>2.01(a)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Provider Indemnified Person</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>7.01(a)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Recipient Entity</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>2.01(a)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Recipient Indemnified Person</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>7.01(b)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Remaining Employees</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>3.06</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Representatives</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>5.01(b)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Sales Taxes</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>4.03</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Seller</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Preamble</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Service</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>2.01(a)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Service Costs</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>4.01</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Service Period</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>6.01</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Term</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>6.01</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Termination Notice</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>6.02(a)(i)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Third Party Costs</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>4.02(a)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Trade Services Employees</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>3.05</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Trade Services Transfer Time</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>3.05</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Transition Period</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>6.03(a)&nbsp;</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">TSA Records</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>5.03(a)</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Wind Down Period</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>3.06</U></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;1.02.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Construction.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">The
terms &ldquo;hereby,&rdquo; &ldquo;hereto,&rdquo; &ldquo;hereunder&rdquo; and any similar terms as used in this Agreement refer
to this Agreement in its entirety and not only to the particular portion of this Agreement where the term is used.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">The
terms &ldquo;including,&rdquo; &ldquo;includes&rdquo; or similar terms when used herein shall mean &ldquo;including, without limitation.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">The
meaning of defined terms shall be equally applicable to the singular and plural forms of the defined terms, and the masculine gender
shall include the feminine and neuter genders, and vice versa, as the context shall require.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Any
reference to any federal, state, provincial, local or foreign statute or Law shall be deemed also to refer to all rules&nbsp;and
regulations promulgated thereunder, unless the context requires otherwise, and will be interpreted to include any amendment to,
revision of or successor to such Law regardless of how it is numbered or classified; <I>provided</I> that, for the purposes of
the representations and warranties set forth herein, with respect to any violation of or non-compliance with, or alleged violation
of or non-compliance, with any Code section&nbsp;or Law, the reference to such Code section&nbsp;or Law means such Code section&nbsp;or
Law as in effect at the time of such violation or non-compliance or alleged violation or non-compliance.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Unless
otherwise indicated, references to (a)&nbsp;Articles, Sections, Schedules and Exhibits refer to Articles, Sections, Schedules and
Exhibits of and to this Agreement, (b)&nbsp;capitalized terms not defined in the Schedules shall have the meaning given then in
this Agreement or the Asset Purchase Agreement, and (c)&nbsp;references to $ (dollars) are to United States Dollars.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(f)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">The
words &ldquo;to the extent&rdquo; shall mean &ldquo;the degree by which&rdquo; and not &ldquo;if.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(g)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">When
calculating the period of time before which, within which or following which any act is to be done or step taken pursuant to this
Agreement, the date that is the reference date in calculating such period will be excluded. If the last day of such period is a
day other than a Business Day, the period in question will end on the next succeeding Business Day.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(h)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">The
word &ldquo;will&rdquo; will be construed to have the same meaning and effect as the word &ldquo;shall&rdquo;. The words &ldquo;shall,&rdquo;
 &ldquo;will,&rdquo; or &ldquo;agree(s)&rdquo; are mandatory, and &ldquo;may&rdquo; is permissive.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">All
references to a day or days shall be deemed to refer to a calendar day or calendar days, as applicable, unless otherwise specifically
provided.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">Article&nbsp;2</FONT><FONT STYLE="font-variant: small-caps"><BR>
Services</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.01.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Services</I>.
(a)&nbsp;Subject to the terms and conditions set forth in this Agreement, commencing on the Closing Date and continuing thereafter
until the termination or expiration of services pursuant to <U>Article&nbsp;6</U>, (i)&nbsp;Seller agrees to provide to Buyer,
or procure the provision to Buyer of, the transition services set forth on <U>Schedule A</U> and <U>Article&nbsp;3</U> in consideration
of the fees payable by Buyer to Seller pursuant to <U>Article&nbsp;4</U>, and (ii)&nbsp;Buyer agrees to provide to Seller, or procure
the provision to Seller of, the transition services set forth on <U>Schedule B</U> and <U>Article&nbsp;3</U> in consideration of
the fees payable by Seller to Buyer pursuant to <U>Article&nbsp;4</U>. Each of the services set forth on <U>Schedules A</U> and
<U>B</U>, as such Schedules may be amended from time to time in accordance with this Agreement, and <U>Article&nbsp;3</U> are referred
to individually as a &ldquo;<B>Service</B>&rdquo; and collectively as the &ldquo;<B>Services</B>.&rdquo; The party providing a
Service pursuant to this Agreement shall be referred to as the &ldquo;<B>Provider Entity</B>&rdquo; with respect to such Service
and the party receiving such Service pursuant to this Agreement shall be referred to as the &ldquo;<B>Recipient Entity</B>&rdquo;
with respect to such Service.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">It
is understood and agreed that (i)&nbsp;the Services to be provided to any Recipient Entity under this Agreement shall, at such
Recipient Entity&rsquo;s request, be provided to any Person that is an Affiliate of such Recipient Entity (in which case, such
Affiliate shall be included in the definition of &ldquo;<B>Recipient Entity</B>&rdquo; for all purposes hereof in respect of such
Service), which Affiliates it may change at its discretion from time to time, and (ii)&nbsp;any Provider Entity may satisfy its
obligation to provide or procure Services hereunder by causing one or more of its Affiliates to provide or procure such Services
(in which case, such Affiliates shall be included in the definition of &ldquo;<B>Provider Entity</B>&rdquo; for all purposes hereof
in respect of such Service), which Affiliates it may change at its discretion from time to time; <I>provided</I> that such Provider
Entity and such Recipient Entity, as the case may be, shall remain responsible for the performance of such Affiliates. Except as
contemplated by this <U>Section&nbsp;2.01(b)</U>, no Recipient Entity shall resell or pass through any of the Services to any Person.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">At
any time prior to the expiration of this Agreement, the Recipient Entity may request in writing that Providing Entity make available
under the terms of this Agreement services in addition to those set forth on <U>Schedule A</U> or <U>Schedule B</U> or <U>Article&nbsp;3</U>,
as applicable (&ldquo;<B>Additional Services</B>&rdquo;). The parties will work collaboratively and in good faith to determine
whether an Additional Service should be added to this Agreement, and the appropriate scope, service level (if applicable) and duration
of such Additional Service. Any approved Additional Service shall be considered a &ldquo;Service&rdquo; within the scope of this
Agreement and shall be charged to Recipient Party at cost (or as otherwise may be agreed in writing) for such Service from the
date such Services were first provided to Recipient Entity.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Except
for the Services expressly contemplated to be provided in accordance with this <U>Section&nbsp;2.01</U> or <U>Article&nbsp;3</U>,
neither party shall have any obligation under this Agreement to provide any services to the other party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Notwithstanding
anything herein to the contrary, in no event shall any Provider Entity be required to provide any services not otherwise expressly
provided for in this Agreement and the Schedules hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.02.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Standard
of Service</I>. (a)&nbsp;Unless otherwise indicated on <U>Schedule A</U> or <U>B</U> hereto or <U>Article&nbsp;3</U> or the parties
agree in writing to a different arrangement, the standard of quality of any Service required to be provided to the Recipient Entity
hereunder shall be consistent in all material respects with the standard of quality of such Service as provided by the Seller and
its Affiliates to the Business during the 12-month period prior to the Closing (the &ldquo;<B>Baseline Period</B>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">The
Provider Entity agrees that all Services it provides or causes to be provided will be provided in compliance with applicable Law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Provider
Entity shall not be responsible for any inability to provide a Service or any delay in doing so to the extent that such inability
or delay is the result of the failure of Recipient Entity to timely provide the information, access or other cooperation necessary
for Provider Entity to provide such Service.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.03.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Changes
to the Services</I>. It is understood and agreed that Buyer in its capacity as Provider Entity may from time to time modify, change
or enhance the manner, nature, quality and/or standard of care of any Service provided to the Recipient Entity to the extent that
Buyer or its Affiliates are making a similar change in the performance of such services for Buyer or its Affiliates; <I>provided
</I>that any such modification, change or enhancement is not reasonably expected to have an adverse effect on such Service in any
material respect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.04.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Third
Party Licenses and Consents</I>. The Provider Entity shall use commercially reasonable efforts to obtain, and to keep and maintain
in effect, all governmental or third party licenses, consents or amendments required for the provision of any Service by the Provider
Entity in accordance with the terms of this Agreement; <I>provided</I> that if the Provider Entity is unable to obtain any such
license, consent or amendment, the Provider Entity shall promptly notify the Recipient Entity in writing and shall, and shall cause
its Affiliates to, use commercially reasonable efforts to implement an appropriate alternative arrangement (to the extent that
such alternative arrangement complies with applicable law and any contract to which the Provider Entity is a party) under which
Recipient Entity would obtain the benefit of such Service to the same extent (or as nearly as practicable) as if such license,
consent or amendment were obtained, and each party will continue to use its commercially reasonable efforts to obtain any such
required consent or amendment. The costs relating to obtaining any such licenses, consents or amendments, to the extent that such
costs are required for the provision of a Service by the Provider Entity to the Recipient Entity, shall be borne by the Recipient
Entity; <I>provided</I> that the Provider Entity shall not incur any costs for which the Recipient Entity would be liable without
the prior written consent of the Recipient Entity. If any such license, consent, amendment or alternative arrangement is not available
despite the commercially reasonable efforts of the Provider Entity and its Affiliates or, if applicable, as a result of the Recipient
Entity failing to consent to the incurrence of costs relating to obtaining any such license, consent or amendment, the Provider
Entity shall not be required to provide the affected Services.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.05.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Third
Party Providers</I>. If the Provider Entity receives written notice from any third party service provider that such Person intends
to terminate a service pursuant to which the Provider Entity provides a Service to the Recipient Entity, then the Provider Entity
shall (a)&nbsp;provide a copy of such written notice to the Recipient Entity and (b)&nbsp;use commercially reasonable efforts to
secure the continued provision of that Service from such third party or an alternative service provider. If the Provider Entity
is unable to secure the continued provision of that Service from such third party or an alternative service provider, the Provider
Entity shall not be required to provide the affected Service (and, for the avoidance of doubt, the Recipient Entity shall not be
liable for any fees in respect of such Service, to the extent not provided).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.06.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Cooperation</I>.
Seller and Buyer shall share information and otherwise cooperate to the extent reasonably necessary to facilitate the provision
and receipt of Services under this Agreement. The parties will, and will cause their respective Affiliates to, cooperate in a commercially
reasonable manner in order that the respective obligations of the parties under this Agreement will be effectively efficiently
and promptly discharged.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.07.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Intellectual
Property</I>. (a)&nbsp;Subject to the terms and conditions of this Agreement, with respect to each Service, each Provider Entity
(on behalf of itself and its Affiliates) hereby grants to each Recipient Entity and its Affiliates a limited, non-exclusive, royalty-free,
non-sublicensable, non-assignable (except as expressly provided for in <U>Section&nbsp;8.04</U>) license on an &ldquo;as is,&rdquo;
warranty-free basis, solely during the Service Period for such Service, to use any Intellectual Property (other than trademark
rights) that is both (i)&nbsp;owned or licensable by such Provider Entity or any of its Affiliates and (ii)&nbsp;provided or otherwise
made available by such Provider Entity or any of its Affiliates to such Recipient Entity as part of such Service, but in each case,
solely to the extent necessary for such Recipient Entity and its Affiliates to receive and use such Service as provided for and
in accordance with this Agreement, subject to any applicable third party restrictions or limitations.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Subject
to the terms and conditions of this Agreement, with respect to each Service, each Recipient Entity (on behalf of itself and its
Affiliates) hereby grants to each Provider Entity and its Affiliates a limited, non-exclusive, royalty-free, non-sublicensable,
non-assignable (except as expressly provided for in <U>Section&nbsp;8.04</U>) license on an &ldquo;as is&rdquo;, warranty-free
basis, solely during the Service Period for such Service, to use any Intellectual Property (other than trademark rights) owned
or licensable by such Recipient Entity or any of its Affiliates, but in each case solely to the extent necessary for such Provider
Entity, its Affiliates or any third party service provider to perform such Service as provided for an in accordance with this Agreement
(it being understood that such Provider Entity and its Affiliates shall have the right to grant a sublicense to the foregoing license
to any third party service provider).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">ALL
INTELLECTUAL PROPERTY LICENSED HEREUNDER ARE PROVIDED ON AN &ldquo;AS IS&rdquo; BASIS WITH NO REPRESENTATION OR WARRANTY, EXPRESS
OR IMPLIED, OF ANY KIND,&nbsp;INCLUDING WITH RESPECT TO MERCHANTABILITY, FITNESS FOR PARTICULAR PURPOSE OR NON-INFRINGEMENT. EXCEPT
AS EXPRESSLY SET FORTH IN THIS AGREEMENT, NO LICENSES OR OTHER RIGHTS TO ANY INTELLECTUAL PROPERTY OR OTHER ASSETS ARE GRANTED
TO EITHER PARTY HERETO UNDER THIS AGREEMENT, WHETHER BY IMPLICATION, ESTOPPEL, EXHAUSTION OR OTHERWISE, AND EACH PARTY HERETO RETAINS
AND RESERVES ALL RIGHTS NOT EXPRESSLY GRANTED UNDER THIS AGREEMENT.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Except
as expressly set forth in this <U>Section&nbsp;2.07</U>, this Agreement and the performance of the Services hereunder shall not
affect the ownership of any Intellectual Property or other assets of each party. As between the parties, Buyer or its designee
shall solely and exclusively own any and all Intellectual Property (including any and all data) that arise out of, or result from
or are derived from any and all Services (&ldquo;<B>Developed Intellectual Property</B>&rdquo;). Seller hereby irrevocably assigns,
and shall cause its Affiliates, or its or their respective employees, authorized agents and subcontractors, to assign, to Buyer
or its designee all of Seller&rsquo;s and its Affiliates&rsquo; (or its or their respective employees&rsquo;, authorized agents&rsquo;
and subcontractors&rsquo;) rights, title and interest in and to the Developed Intellectual Property. Seller shall (and shall cause
its Affiliates and its or their respective employees, authorized agents and subcontractors to) execute all other documents and
take all actions as may be necessary or desirable to enable Buyer (or its designee) to prosecute, perfect, enforce, defend, register
and/or record its right, title and interest in, to and under the Developed Intellectual Property.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.08.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Data
Ownership and Data Protection</I>. The Provider Entity shall use any and all data collected, processed, used, or stored by or on
behalf of any Recipient Entity during the performance of any Services solely for the purpose of providing the Services and in compliance
with all applicable privacy and data protection Laws and any other third party contractual obligations that such Recipient Entity
notifies the Provider Entity of in writing. To the extent the EU General Data Protection Regulation 2016/679 (the &ldquo;<B>GDPR</B>&rdquo;)
is or becomes applicable to any such data and the provision of the Services hereunder, the parties shall promptly execute a data
processing addendum to the extent required by the GDPR which shall govern the collection, use, storage and other processing of
such data in connection with such Services.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.09.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Force
Majeure</I>. (a)&nbsp;For purposes of this <U>Section&nbsp;2.09</U>, &ldquo;<B>force majeure</B>&rdquo; means an event beyond the
reasonable control of either party, which by its nature could not have been foreseen by such party, or, if it could have been foreseen,
was unavoidable, and includes acts of God, storms, floods, riots, fires, sabotage, civil commotion or civil unrest, interference
by civil or military authorities, threat, declaration, continuation, escalation or acts of war (declared or undeclared) or acts
of terrorism, failure or shortage of energy sources, raw materials or components, strike, walkout, lockout or other labor trouble
or shortage, delays by unaffiliated suppliers or carriers, and acts, omissions or delays in acting by any Governmental Authority
or the other party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Neither
party shall be under any liability for failure to fulfill any obligation under this Agreement, so long as, and to the extent to
which, the fulfillment of such obligation is prevented, frustrated or delayed as a consequence of circumstances of force majeure;
<I>provided</I> that (i)&nbsp;such party shall have used commercially reasonable efforts to minimize the effect of such force majeure
on its obligations hereunder, and (ii)&nbsp;such force majeure has prevented such party or its Affiliates from providing services
similar to the affected Services to such party&rsquo;s business organization. For the avoidance of doubt, while such force majeure
is in effect the Recipient Entity&rsquo;s payment obligations with respect to any effected Services shall be suspended so long
as and to the extent that the Recipient Entity is not receiving such Service. At the Recipient Entity&rsquo;s request, the Provider
Entity shall, and shall cause its Affiliates to, cooperate with the Recipient Entity in acquiring any Service affected by such
force majeure from, or transitioning any such Service to, an alternative source. Upon the cessation of the force majeure, the parties
will use their commercially reasonable efforts to promptly resume performance of their obligations under this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">The
party affected by the force majeure event shall notify the other party of that fact as soon as practicable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">Article&nbsp;3</FONT><FONT STYLE="font-variant: small-caps"><BR>
Employees</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;3.01.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Current
Employee Services</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">From
the Closing through December&nbsp;31, 2020 (the &ldquo;<B>Current Employee Term</B>&rdquo;), Seller shall, and shall cause each
of the other Selling Entities to:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">continue
to employ all Current Employees in order to perform the same functions, roles and services for Buyer or one or more of the Buyer
Designees as were performed for Seller or any of the other Selling Entities prior to the Closing Date in respect of the Business
and otherwise perform such functions, roles and services as reasonably directed by Buyer or one or more of the Buyer Designees
in connection with the transition of the Business to Buyer and the Buyer Designees, other than any Current Employee who terminates
his or her employment; and</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">continue
in effect all Seller Benefit Plans in effect as of the Closing Date (except to the extent any such Seller Benefit Plan relates
to equity or equity-based awards of the Seller Entities or any of their Affiliates), without any material amendment, modification
or termination thereto (other than any amendments or modifications required by applicable Law) as they relate to the Current Employees,
and ensure that all Current Employees continue to remain eligible to participate in such Seller Benefit Plans in accordance with
the terms and conditions thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">The
services described in <U>Section&nbsp;3.01(a)</U>&nbsp;shall constitute a &ldquo;<B>Service</B>&rdquo; hereunder. The parties hereto
acknowledge and agree that (i)&nbsp;the Buyer or one or more of the Buyer Designees shall be responsible for all Liabilities arising
from the employment (including any termination-related Liabilities) of any Current Employee following the Closing Date; (ii)&nbsp;none
of the Selling Entities guarantee the actions or omissions of any Current Employee or the quality of work of any Current Employee;
and (iii)&nbsp;none of the Selling Entities guarantee that any individual will remain a Current Employee. None of Selling Entities
shall be responsible for any Current Employee who resigns or otherwise terminates his or her employment, nor shall any of them
be obligated to replace any such Current Employee (but the Selling Entities may replace any such Current Employee who resigns during
the Current Employee Term upon reasonable request of Buyer).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Effective
immediately following expiration of the Current Employee Term, each Seller Benefit Plan, and any right, title or interest in any
assets of or relating thereto (except to the extent such Seller Benefit Plan relates to equity or equity-based awards of the Selling
Entities or any of their Affiliates), shall transfer to Premium Brands Services LLC, and Premium Brands Services LLC shall assume
all Liabilities related thereto, in each case, in accordance with and subject to the terms and limitations of the Asset Purchase
Agreement. The parties hereto will cooperate reasonably and in good faith to execute any additional document(s)&nbsp;that are reasonably
necessary to transfer the sponsorship of such Seller Benefit Plans (excluding, for the avoidance of doubt, any equity or equity-based
awards of the Selling Entities or any of their Affiliates) as of the expiration of the Current Employee Term, including an assignment
and assumption agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">At
the reasonable request of the other party hereto, as applicable, from time to time and without further consideration, each party
hereto shall execute and deliver, or shall cause to be executed and delivered, such acknowledgments, assurances and other documents
as may be reasonably necessary for such party to satisfy and perform its obligations hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;3.02.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Current
Employee Matters</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">During
the Current Employee Term:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">all
services, acts and activities of the Current Employees in the course of their employment shall be for the benefit of the Buyer
or one or more of the Buyer Designees (except for (A)&nbsp;any nonmaterial services, acts or activities necessary to effectuate
the Seller Entities&rsquo; obligations in the bankruptcy case, under the Asset Purchase Agreement, or in the wind-down of their
operations, or (B)&nbsp;in connection with the provision of other Services hereunder); and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">except
as otherwise provided by the terms of this Agreement, Buyer or one or more of the Buyer Designees shall, in their sole discretion,
have the authority to make all employment-related decisions with respect to the Current Employees in connection with their provision
of Services hereunder (the &ldquo;<B>Buyer Directives</B>&rdquo;), including (A)&nbsp;directing the general scope, manner and method
of activities that the Current Employees will perform on behalf of the Buyer, one or more of the Buyer Designees and the Business,
(B)&nbsp;directing and managing the Current Employees in connection with such activities, (C)&nbsp;setting policies and procedures
and codes of conduct with respect to the Current Employees in connection with such activities, and (D)&nbsp;the right to request
that the Selling Entities terminate the employment of any particular Current Employee (in which case, for the avoidance of doubt,
the Buyer or one or more of the Buyer Designees shall be responsible for the applicable Compensation Costs and any other costs
or Liabilities incurred or related to such employee&rsquo;s termination of employment, including any costs to comply with or Liabilities
relating to the WARN Act with respect to terminations of employment of Current Employees after the Closing); <I>provided</I>, <I>however</I>,
that, notwithstanding the foregoing, following any such termination of employment by Buyer or one or more of the Buyer Designees,
Seller may elect, in its sole discretion, to retain any such Current Employee to assist in the wind-down of its operations; <I>provided</I>
that, following such election by Seller, such individual shall no longer be a Current Employee under this Agreement (and, for the
avoidance of doubt, Seller shall be responsible for the applicable Compensation Costs and any severance costs and other Liabilities
that arise following the date of such election).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">For
the avoidance of doubt, Buyer and Seller acknowledge that the services, acts and activities of the Current Employees would ordinarily
be performed by Buyer&rsquo;s and the Buyer Designees&rsquo; own employees. Additionally, Buyer or one or more of the Buyer Designees
shall provide all supplies, equipment, and other resources necessary for Current Employees to perform their employment services.
Buyer or one or more of the Buyer Designees has the sole right to supervise, direct, and control the work performed by the Current
Employees as necessary to conduct the Business or to comply with any licensing, statutory, or regulatory requirement applicable
to the Buyer or one or more of the Buyer Designees.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Notwithstanding
the foregoing, for the avoidance of doubt, the Buyer and the Buyer Designees shall comply with all applicable Law relating to the
Buyer Directives, and neither the Buyer nor any of the Buyer Designees shall instruct Seller or any of the other Selling Entities
to undertake any act or omission with respect to the Current Employees, and neither Seller nor any of the other Selling Entities
shall be required to take or omit to take any action with respect to the Current Employees, if the same would violate applicable
Law or could reasonably be expected to result in Liability to the Seller or any of the other Selling Entities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Effective
as of the expiration of the Current Employee Term, except as otherwise provided in <U>Section&nbsp;3.05</U> hereof, all then remaining
Current Employees shall become employees of one or more of the Buyer Designees on terms that are in compliance with the requirements
of Section&nbsp;7.7 of the Asset Purchase Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;3.03.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Insurance</I>.
Buyer or one or more of the Buyer Designees shall at all times during the Current Employee Term, maintain worker&rsquo;s compensation
and employer&rsquo;s liability insurance policies (at Buyer&rsquo;s cost but without duplication of benefits under the Asset Purchase
Agreement) with respect to the Current Employees (and shall endorse Seller as a named insured on all such policies), in such amounts
(if any) and with such limits (if any) as are consistent with the amounts and limits the Selling Entities maintained in respect
of the Current Employees immediately prior to the Closing Date, or as the parties hereto may from time to time otherwise agree
in writing. For the avoidance of doubt, Buyer and the Buyer Designees may, with the advance written approval of Seller (which shall
not unreasonably be withheld): (a)&nbsp;self-insure those risks at their discretion consistent with the ordinary course in accordance
with applicable Laws, and (b)&nbsp;shift from self-insured workers compensation plans or programs to third-party insured plans
or programs if self-insurance is no longer available to Buyer and the Buyer Designees under applicable Law. For the avoidance of
doubt, the costs of maintaining and providing such insurance shall be borne by the Buyer or one or more of the Buyer Designees.
The provisions of this <U>Section&nbsp;3.03</U> shall apply, <I>mutatis mutandis</I>, to the Seller with respect to the Remaining
Employees.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;3.04.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Selling
Entities as Employer</I>. The parties hereto acknowledge and agree that, in order to provide the Services pursuant to this <U>Article&nbsp;3</U>,
the relevant Selling Entity is and shall remain during the Current Employee Term the employer of the Current Employees for wage
reporting and benefits purposes only, and the Current Employees shall remain subject to the terms of the Seller Benefit Plans (excluding,
for the avoidance of doubt, any equity or equity-based awards of the Selling Entities or any of their Affiliates) and other policies,
procedures, codes of conduct and other rules&nbsp;established by the Selling Entities regarding conditions of employment that may
be necessary for the Selling Entities to provide the Services pursuant to this <U>Article&nbsp;3</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;3.05.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Trade
Services Employees</I>. Notwithstanding any provision to the contrary contained in this Agreement or the Asset Purchase Agreement,
the Current Employees related to the trade services and broker of record functions of the Selling Entities set forth on <U>Schedule&nbsp;3.05</U>
(or their replacements, if any, in accordance with this Agreement) are referred to as &ldquo;<B>Trade Services Employees</B>.&rdquo;
Notwithstanding the expiration of the Current Employee Term, until such time as one of the Buyer Designees has in place its importer
of record broker license (the &ldquo;<B>Trade Services Transfer Time</B>&rdquo;), the relevant Selling Entities shall continue
to employee the Trade Services Employees, the provisions of <U>Section&nbsp;3.01</U> through <U>Section&nbsp;3.04</U> and <U>Section&nbsp;4.02</U>
shall continue to apply with respect to the Trade Services Employees as if the Current Employee Term continued until the Trade
Services Transfer Time; provided that:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">the
Seller Benefit Plans (excluding, for the avoidance of doubt, any equity or equity-based awards of the Selling Entities or any of
their Affiliates) will transfer upon the original expiration of the Current Employee Term; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">one
of the Buyer Designees shall continue (i)&nbsp;coverage for Trade Services Employees under the Seller Benefit Plans and (ii)&nbsp;payroll
processing services with respect to Trade Services Employees.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;3.06.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Remaining
and Former Employees</I>. Following the expiration of the Current Employee Term, the Selling Entities may continue to employ any
of their employees that are not Current Employees (the &ldquo;<B>Remaining Employees</B>&rdquo;). From the end of the Current Employee
Term through March&nbsp;31, 2021 (the &ldquo;<B>Wind Down Period</B>&rdquo;), Premium Brands Services LLC shall continue (a)&nbsp;coverage
for Remaining Employees under the Seller Benefit Plans (excluding, for the avoidance of doubt, any equity or equity-based awards
of the Selling Entities or any of their Affiliates, and as such Seller Benefit Plans may otherwise be amended or otherwise modified
from time to time by Premium Brands Services LLC in accordance with the Asset Purchase Agreement, and, if so required, the parties
hereto shall implement amendments to the Seller Benefit Plans to permit such coverage (and the coverage under <U>Section&nbsp;3.05(b)</U>))
and (b)&nbsp;payroll processing services with respect to Remaining Employees and any former employees of the Selling Entities who
continue to receive payments related to employment through payroll (<I>e.g.</I>, severance and bonus payouts). The Selling Entities
shall be responsible for all costs associated with Premium Brands Services LLC&rsquo;s obligations set forth in clauses (a)&nbsp;and
(b)&nbsp;of the prior sentence, with such costs to include (A)&nbsp;the costs of maintaining and amending the Seller Benefit Plans
in a manner necessary to permit the Remaining Employees to participate in the Seller Benefit Plans during the Wind Down Period,
(B)&nbsp;any additional costs incurred with respect to payroll processing services for the Remaining Employees during the Wind
Down Period, (C)&nbsp;contributions to Seller Benefit Plans with respect to the Remaining Employees during the Wind Down Period
and (D)&nbsp;the amount of actual medical, dental, disability and other benefits or claims incurred by Remaining Employees (and
any eligible spouse or dependent thereof) under self-insured Seller Benefit Plans or worker&rsquo;s compensation plans, policies
or programs during the Wind Down Period. For the avoidance of doubt, the Selling Entities shall be responsible for all amounts
due and owing to the Remaining Employees to be paid through payroll (including employer-side payroll taxes related thereto) to
Remaining Employees during the Wind Down Period.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">Article&nbsp;4</FONT><FONT STYLE="font-variant: small-caps"><BR>
Service Costs</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.01.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Service
Costs Generally</I>. The fees to be paid (i)&nbsp;by Buyer to Seller for each Service to be provided under this Agreement shall
be as set forth for such Service on <U>Schedule A</U> and (ii)&nbsp;by Seller to Buyer for each Service to be provided under this
Agreement shall be as set forth for such Service on <U>Schedule B</U> or, in the case of Services contemplated by Article&nbsp;3,
in <U>Section&nbsp;4.02</U> (any such costs being referred to herein as &ldquo;<B>Service Costs</B>&rdquo;). Except as otherwise
provided on <U>Schedule A</U> or <U>Schedule&nbsp;B</U>, for any Service priced on a monthly or other periodic basis, the fee set
forth on the applicable Schedule will be equitably prorated if the Closing Date or the date on which such Service is commenced
or terminated is not the first calendar day or the last calendar day, respectively, of a calendar month or other relevant period.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.02.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Compensation
Costs</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Solely
with respect to Services contemplated by Article&nbsp;3, &ldquo;<B>Service Costs</B>&rdquo; shall (i)&nbsp;include &ldquo;fully
loaded&rdquo; costs for the compensation and employee benefits payable or provided to the Current Employees in the ordinary course
(as defined in the Asset Purchase Agreement) (with any changes outside the ordinary course as may be reasonably necessary for either
party to comply with applicable Laws or shift from self-insured workers compensation plans or programs to third-party insured plans
or programs if self-insurance is no longer available to the Provider Entity under applicable Law, subject to the Recipient Entity&rsquo;s
prior written consent, such consent not to be unreasonably withheld) with respect to the period from and after the Closing through
the end of the Current Employee Term or the expiration of the Wind Down Period, as the case may be (the &ldquo;<B>Compensation
Costs</B>&rdquo;), which Compensation Costs shall be inclusive of (A)&nbsp;employee withholding, payroll and similar taxes (including
employer-side payroll taxes), (B)&nbsp;contributions to Seller Benefit Plans (excluding, for the avoidance of doubt, any equity
or equity-based awards of the Selling Entities or any of their Affiliates), and (C)&nbsp;the amount of actual medical, dental,
disability and other benefits or claims incurred by Current Employees (and any eligible spouse or dependent thereof) under self-insured
Seller Benefit Plans or worker&rsquo;s compensation plans, policies or programs, (ii)&nbsp;include only such reasonable and documented
third-party costs or reasonable and documented other non-payroll out-of-pocket expenses that are actually incurred in connection
with employing, insuring, and providing benefits to the Current Employees in the ordinary course (with any changes outside the
ordinary course as may be reasonably necessary for the Provider Entity to comply with applicable Laws or shift from self-insured
workers compensation plans or programs to third-party insured plans or programs if self-insurance is no longer available to the
Provider Entity under applicable Law, subject to the Recipient Entity&rsquo;s prior written consent, such consent not to be unreasonably
withheld) during the Current Employee Term or the Wind Down Period, as the case may be (&ldquo;<B>Third Party Costs</B>&rdquo;),
and (iii)&nbsp;not include Compensation Costs incurred with respect to any employee who is not a Current Employee or a Remaining
Employee, as the case may be.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">With
respect to each payroll period ending during the Current Employee Term or the Wind Down Period, as the case may be, the Recipient
Entity will deposit, or cause to be deposited, cash into the applicable payroll account with respect to the Compensation Costs
incurred for such payroll period in time for such Compensation Costs to be paid in accordance with past practice for such payroll
period, and the Recipient Entity will timely pay, or cause to be timely paid, all Third Party Costs for such payroll period.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">The
obligations of the Provider Entity to provide the Services contemplated by <U>Article&nbsp;3</U> shall be conditioned upon the
Recipient Entity&rsquo;s prepayment (in accordance with this <U>Section&nbsp;4.02</U>) of the Service Costs (including Third Party
Costs) payable under this <U>Section&nbsp;4.02</U>. For the avoidance of doubt, nothing herein shall require double payment in
respect of the obligations of any party set forth in the Asset Purchase Agreement, this Agreement or any other Transaction Documents.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.03.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Taxes</I>.
Buyer and Seller shall cooperate in order to minimize any sales, use, value added, goods and services or similar Taxes (collectively,
 &ldquo;<B>Sales Taxes</B>&rdquo;) imposed on the sale of the Services, including providing any applicable sales and use Tax exemption
certificates or other documentation necessary to support the characterization of such Services and any available explicit exemptions.
Each Recipient Entity shall pay all applicable Sales Taxes incurred with respect to provision of the Services. Such Sales Taxes
shall be incremental to other payments or charges identified in this Agreement. Each of Buyer and Seller shall provide executed
copies of IRS Form&nbsp;W-9 certifying that such party is exempt from U.S. federal backup withholding Tax. Each party hereto shall
be responsible for its own income and franchise Taxes, except as otherwise provided in the Asset Purchase Agreement or any of the
other Transaction Documents. Buyer and Seller each agree to provide to the other such information and data as reasonably requested
from time to time and, at the other party&rsquo;s request, to reasonably cooperate in connection with (a)&nbsp;the reporting of
any Sales Taxes applicable to the Services, (b)&nbsp;any audit relating to any such Sales Taxes, or (c)&nbsp;any assessment, refund,
claim or proceeding relating to any such Sales Taxes. If any Recipient Entity is required to withhold from any amounts otherwise
due and payable to the respective Provider Entity pursuant to this Agreement, such Recipient Entity shall be permitted to so withhold
and any amounts withheld shall be deemed paid to such Provider Entity for purposes of this Agreement. If any such withholding relates
to amounts other than with respect to income and franchise Taxes, the amount paid to such Provider Entity by such Recipient Entity
for such Services shall be increased as necessary so that after all such required deductions and withholdings have been made (including
such deductions or withholdings applicable to additional sums payable hereunder), such Provider Entity receives an amount equal
to the sum it would have received had no such deductions or withholdings been made.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.04.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Invoicing
and Settlement</I>. (a)&nbsp;Unless otherwise indicated on <U>Schedule A</U> or <U>B</U> hereto or in <U>Section&nbsp;4.02</U>
or the parties agree in writing to a different arrangement, the Provider Entity shall invoice in writing the Recipient Entity on
a monthly basis for the charges for Services hereunder for the prior month within 30 days of the end of the applicable calendar
month (the date of delivery of such invoice, the &ldquo;<B>Invoice Date</B>&rdquo;). Each such invoice shall be in a format and
contain a level of detail reasonably sufficient under the circumstances to identify the Services provided during the applicable
period and Provider Entity&rsquo;s calculation of the amounts payable in respect thereof. Provider Entity agrees to provide Recipient
Entity with a copy of any supporting documentation for any such invoices that Recipient Entity may reasonably request.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">The
Recipient Entity agrees to pay on or before the date (each, a &ldquo;<B>Payment Date</B>&rdquo;) that is 30 days after the Invoice
Date by wire transfer of immediately available funds payable to the order of the Provider Entity to such account(s)&nbsp;designated
by the Provider Entity all amounts invoiced by the Provider Entity pursuant to <U>Section&nbsp;4.04(a)</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">If
Recipient Entity fails to make payment of any Service Costs in accordance with this <U>Section&nbsp;4.04(a)</U>, it shall be required
to pay, in addition to the amount of such unpaid Service Costs, interest on such amount at (i)&nbsp;the rate of interest per annum
publicly announced by JP Morgan Chase Bank from time to time as its prime rate in effect at its office located at 270 Park Avenue,
New York, New York, plus 5%, or (ii)&nbsp;if lower, the highest rate of interest permitted by applicable Law at such time, in each
case compounded monthly from, and including, the relevant Payment Date through, but excluding, the actual date of payment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">If
there is a good faith dispute (an &ldquo;<B>Invoice Dispute</B>&rdquo;) between Provider Entity and Recipient Entity regarding
any amount set forth in any invoice of Service Costs, the disputing party shall promptly notify the other party in writing of each
amount that is disputed and the basis therefor; <I>provided</I> that any undisputed invoiced amount shall be paid in accordance
with &lrm;<U>Section&nbsp;4.04(b)</U>. Provider Entity and Recipient Entity shall cooperate and use their commercially reasonable
efforts to resolve any such Invoice Dispute. If Provider Entity and Recipient Entity are unable to resolve the Invoice Dispute
within 20 days after the applicable party&rsquo;s receipt of the notice of dispute, then either Provider Entity or Recipient Entity
may refer the Invoice Dispute for resolution to Alix Partners (or, if such Person is unwilling or unable to serve, such other similar
consulting firm of recognized national standing as Provider Entity and Recipient Entity may mutually agree, which agreement shall
not be unreasonably withheld, conditioned or delayed); <I>provided</I>, <I>however</I>, in the event such parties are unable to
mutually agree on such Person, Seller, on the one hand, and Buyer, on the other hand, will each select a consulting firm of recognized
national standing and each such selected consulting firm will select a third independent consulting firm of recognized national
standing to be deemed to be the independent referee hereunder (the &ldquo;<B>Invoice Accounting Referee</B>&rdquo;), which shall
determine the disputed amounts. The determinations of the Invoice Accounting Referee shall be final and binding on Provider Entity
and Recipient Entity. The fees and expenses of the Invoice Accounting Referee shall be borne by Provider Entity and Recipient Entity
in the same proportion that the aggregate amount of the disputed items submitted to the Accounting Referee that are unsuccessfully
disputed by each such party (as finally determined by the Invoice Accounting Referee) bears to the total amount of such disputed
items so submitted. If based on the determinations of the Invoice Accounting Referee any amount is owed by one party to the other
party, then the applicable party shall promptly pay such amount with interest, from the date that such amount was required to be
paid pursuant to <U>&lrm;Section&nbsp;4.04(b)</U>&nbsp;to (but excluding) the date of payment by the applicable party of such amount
to the other party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.05.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Right
to Offset</I>. Each party hereto shall be permitted to offset amounts owing to such party pursuant to this Agreement against payments
to be made by such party pursuant to this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">Article&nbsp;5</FONT><FONT STYLE="font-variant: small-caps"><BR>
Additional Agreements</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;5.01.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Confidentiality</I>.
(a)&nbsp;&ldquo;<B>Confidential Information</B>&rdquo; means all information in the possession of a party or any of its Affiliates
relating to the other party or any Affiliate thereof, relating to, arising out of or in connection with the Services rendered or
to be rendered hereunder, but not including (i)&nbsp;information that enters the public domain (or becomes generally known within
the industry), other than as a result of a disclosure in violation of this Agreement, (ii)&nbsp;information independently developed
or acquired by a party without violating this <U>Section&nbsp;5.01(a)</U>, and/or (iii)&nbsp;information which becomes available
on a non-confidential basis to a party from a source other than the other party to this Agreement; <I>provided</I> that the party
in question reasonably believes that such source is not or was not bound to hold such information confidential.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">&ldquo;<B>Representatives</B>&rdquo;
means such Person&rsquo;s directors, officers, employees, Affiliates, Affiliates&rsquo; employees, agents and advisors (including
investment bankers and counsel).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Except
with the prior written consent of the other party, each party will use the other party&rsquo;s Confidential Information solely
in connection with the performance of its obligations hereunder and shall use commercially reasonable efforts to restrict access
to the other party&rsquo;s Confidential Information to those employees of such party and its Affiliates and its and their Representatives
requiring access for the purpose of providing Services hereunder; <I>provided, however,</I> that each party may make any disclosure
permitted pursuant to <U>Section&nbsp;5.01(d)</U>. Each party agrees to be responsible for any breach of this <U>Section&nbsp;5.01</U>
caused by its Representatives. Any act or failure to act by a Representative of a party that would be a breach hereof if such party
took such action or failed to take such action will be deemed such a breach.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">If
either party or any of its Representatives is requested by, or such party or any of its Representatives reasonably believes it
is required by, law, rule, regulation, stock exchange rule&nbsp;or legal process, to disclose any of the Confidential Information
relating to the other party, then if permitted under applicable Law, the disclosing party will provide the other party with prompt
notice of any such request or requirement so that such other party may seek a protective order or other appropriate remedy against
a third party, to the extent it would be reasonably applicable to the situation. The disclosing party agrees to cooperate with
the other party in such other party&rsquo;s effort to obtain such protective order or other remedies. If such protective order
or other remedy is not obtained, or is otherwise not reasonably applicable, the portions of the Confidential Information required
to be disclosed (and only such portions) may be disclosed without any liability hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;5.02.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Information
Technology Systems</I>. (a)&nbsp;&ldquo;<B>IT Systems</B>&rdquo; means any computer software program or information technology
system, or part thereof, owned, licensed, leased or provided by a party or leased or provided by its suppliers on such party&rsquo;s
behalf.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">The
IT Systems of each party, and any and all modifications or enhancements thereof, or improvements thereto, are and shall remain
the sole and exclusive property of such party or its Affiliates and/or its or their suppliers, as applicable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Each
party, its Affiliates and its or their respective employees, authorized agents and subcontractors, shall: (i)&nbsp;only use or
access the other party&rsquo;s IT Systems, premises or data to the extent authorized by the other party or required to provide
or receive the Services, (ii)&nbsp;maintain reasonable security measures to protect the IT Systems of the other party to which
it has access pursuant to this Agreement from access by unauthorized third parties, and any &ldquo;back door&rdquo;, &ldquo;time
bomb&rdquo;, &ldquo;Trojan Horse&rdquo;, &ldquo;worm&rdquo;, &ldquo;drop dead service&rdquo;, &ldquo;virus&rdquo; or other computer
software routine intended or designed to disrupt, disable, harm or otherwise impede in any manner the operation of such IT Systems,
(iii)&nbsp;not permit access or use of the IT Systems of the other party by a third party other than as authorized by prior written
consent of the other party, (iv)&nbsp;not disable, damage or erase or disrupt or impair the normal operations of the IT Systems
of the other party and (v)&nbsp;comply with the other party&rsquo;s security policies and procedures (as may be updated from time
to time upon reasonable prior notice) in relation to the use and access of the other party&rsquo;s IT Systems. Each party shall
promptly notify the other party in the event it or any of its Affiliates becomes aware of or suspects that there has been a breach
of security or a loss, theft or unauthorized access, use or disclosure of any IT Systems, premises or data of any Provider Entity
or Recipient Entity.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;5.03.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Books
and Records</I>. (a)&nbsp;Each party shall maintain true and accurate books and records of all transactions pertaining to, and
all data used by such party and its Affiliates in the performance of, the Services (the &ldquo;<B>TSA Records</B>&rdquo;). The
TSA Records shall be maintained in accordance with applicable Law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Subject
to applicable Law and the confidentiality provisions of <U>Section&nbsp;5.01</U>, with respect to any Service during the term of
such Service, each party shall, and shall cause its Affiliates to, upon reasonable advance notice, afford the other party and its
representatives reasonable access, during normal business hours, to the employees, properties, TSA Records and other documents
that are reasonably requested in connection with the provision and receipt of such Service hereunder; <I>provided</I> that any
such access shall not unreasonably interfere with the conduct of the business of the party providing such access; and <I>provided
further</I> that in the event any party reasonably determines that affording any such access to the other party would be commercially
detrimental in any material respect or violate any applicable Law or agreement to which such party or any Affiliate thereof is
a party, or waive any attorney-client privilege applicable to such party or any Affiliate thereof, the parties shall use reasonable
efforts to permit the compliance with such request in a manner that avoids any such harm or consequence.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;5.04.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Compliance
with Applicable Law</I>. Each party shall at all times fully comply with all applicable Law to which such party and its Affiliates
(to the extent such Affiliates are engaged in the receipt or provision of Services) are subject in connection with the receipt
or provision of Services hereunder, as applicable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;5.05.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Employee
Matters</I>. All matters relating to Current Employees (including Trade Services Employees) and Transferred Employees (including,
in each case, in the provision of Services to Seller and its Affiliates in accordance with the the terms hereof) shall be under
the direction, control and supervision of the Buyer. All matters relating to Remaining Employees shall be under the direction,
control and supervision of the Selling Entities. Nothing in this Agreement is intended to transfer the employment of employees
engaged in the provision of any Service from one party to the other. All employees of a party and any of its Affiliates will be
deemed for all compensation, employee benefits, tax and social security contribution purposes to be employees of such party or
its Affiliates and not employees of the other party or any of its Affiliates. In providing the Services, Provider Entity shall
not be obligated to maintain the employment of any specific employee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">Article&nbsp;6</FONT><FONT STYLE="font-variant: small-caps"><BR>
Term and Termination</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.01.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Term</I>.
Except as otherwise provided in this <U>Article&nbsp;6</U>, the Provider Entity shall provide each Service beginning on the Closing
Date for the period set forth opposite such Service on the applicable <U>Schedule A</U> or <U>Schedule B</U> or for the periods
specified in <U>Article&nbsp;3</U> (each such period, a &ldquo;<B>Service Period</B>&rdquo; and the longest Service Period, as
amended, the &ldquo;<B>Term</B>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.02.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Termination
of Services</I>. (a)&nbsp;Any Service (or portion thereof) may be terminated at any time prior to expiration of the applicable
Service Period as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">by
the Recipient Entity, for any reason or for no reason, by delivery of written notice to the Provider Entity not less than ten days
prior to the effective date of such termination (a &ldquo;<B>Termination Notice</B>&rdquo;); or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">by
either party, if the other party is in material breach of this Agreement, upon ten days&rsquo; notice to the other party and the
other party&rsquo;s failure to cure during such ten days.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">If
(i)&nbsp;Buyer reasonably determines that the termination of a Service provided by Seller or its Affiliates at the expiration of
the applicable Service Period would disrupt the operation of the Business or (ii)&nbsp;Seller reasonably determines that the termination
of a Service provided by Buyer or its Affiliates would disrupt the wind down of its operations, in each case, the party receiving
the Service may request that the other party consent to an extension of the term of the Service with at least 30 days&rsquo; prior
written notice, such consent not to be unreasonably withheld, conditioned or delayed, except in the case of a termination pursuant
to <U>Section&nbsp;6.02(a)(ii)</U>. Such notice must specify the Service to be extended and the period of extension requested by
the requesting party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Any
Service may be terminated without the termination of any other Service; <I>provided</I> that if, in the reasonable determination
of Provider Entity, it is technically infeasible or commercially impracticable to terminate one Service without terminating one
or more other Services, Recipient Entity shall be required (upon reasonable notice by Provider Entity following receipt of a Termination
Notice) to concurrently terminate all such Services for which separate termination would be technically infeasible or commercially
impracticable. Each Provider Entity acknowledges and agrees that after partial termination of this Agreement by the respective
Recipient Entity with respect to any particular Service, such Recipient Entity shall not have any payment obligations with respect
to such Service performed after the effective date of such termination.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.03.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Termination
of this Agreement</I>. (a)&nbsp;This Agreement shall terminate upon the earlier to occur of (i)&nbsp;expiration of the Term and
(ii)&nbsp;the date on which all Services have expired pursuant to <U>Section&nbsp;6.01</U> and/or been terminated pursuant to <U>Section&nbsp;6.02(a)</U>&nbsp;(the
period commencing on the Closing Date and ending on the date of termination pursuant to the foregoing sentence, the &ldquo;<B>Transition
Period</B>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">The
provisions of <U>Section&nbsp;2.07(c)</U>, <U>Section&nbsp;2.07(d)</U>, the first sentence of <U>Section&nbsp;2.08</U>, <U>Article&nbsp;6</U>,
<U>Article&nbsp;7</U> (in respect of claims for indemnification based on actions or omissions of the Indemnifying Party prior to
termination of this Agreement) and <U>Article&nbsp;8</U> shall survive any termination of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Following
notice of termination of any Service (or expiration in accordance with applicable <U>Schedule A</U> or <U>B</U> or <U>Article&nbsp;3</U>),
the parties agree to reasonably cooperate in providing for an orderly transition of such Service to the Recipient Entity or a successor
service provider; <I>provided</I> that any costs and expenses incurred in connection with such transition will be the responsibility
of the Recipient Entity.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Expiration
or termination of the Term shall not release any party hereto from any Liability or obligation that has accrued as of the effective
date of such expiration or termination and shall not constitute a waiver or release of, or otherwise be deemed to adversely affect,
any rights, remedies or claims which any party may have hereunder at Law, in equity or otherwise or which may arise out of or in
connection with such termination or expiration.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">Article&nbsp;7</FONT><FONT STYLE="font-variant: small-caps"><BR>
Indemnification; Limitation on Liabilities</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.01.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Indemnification</I>.
(a)&nbsp;Each party, in its capacity as the Recipient Entity hereunder, agrees to indemnify and hold harmless the other party,
in its capacity as Provider Entity hereunder, its Affiliates, and its and their respective directors, officers, agents, employees
or other Representatives (each, a &ldquo;<B>Provider Indemnified Person</B>&rdquo;) from and against any damages asserted against
or incurred by any Provider Indemnified Person (i)&nbsp;as a result of or arising out of any claim, action or proceeding by any
third party (a &ldquo;<B>Third Party Claim</B>&rdquo;) in connection with the Services supplied by any Provider Indemnified Person
under this Agreement or (ii)&nbsp;arising out of Recipient Entity&rsquo;s breach of this Agreement; <I>provided</I> that the Recipient
Entity shall not be responsible for (A)&nbsp;any damages of any Provider Indemnified Person to the extent such damages or expenses
have resulted from any Provider Indemnified Person&rsquo;s gross negligence or willful misconduct, or (B)&nbsp;any damages for
which the Provider Entity is required to indemnify a Recipient Indemnified Person pursuant to <U>Section&nbsp;7.01(b)</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Each
party, in its capacity as the Provider Entity hereunder, agrees to indemnify and hold harmless the other party, in its capacity
as Recipient Entity hereunder, its Affiliates, and its and their respective directors, officers, agents, consultants, representatives
and/or employees or other Representatives (each, a &ldquo;<B>Recipient Indemnified Person</B>&rdquo;) from and against any damages
asserted against or incurred by any Recipient Indemnified Person as a result or arising out of the Services supplied by any Provider
Entity under this Agreement, but only to the extent such damages result from or arise out of any Provider Indemnified Person&rsquo;s
gross negligence or willful misconduct.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.02.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Indemnification
Procedures</I>. The Provider Indemnified Person or Recipient Indemnified Person (the &ldquo;<B>Indemnified Party</B>&rdquo;) shall
provide the party providing indemnification (the &ldquo;<B>Indemnifying Party</B>&rdquo;) with reasonably prompt notice concerning
the existence of the indemnifiable event; <I>provided</I> that failure to comply with the foregoing shall not constitute a waiver
of the right to indemnification and shall affect the Indemnifying Party&rsquo;s indemnification obligations only to the extent
that it is materially prejudiced by such failure or delay.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.03.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Calculation
of Damages</I>. (a)&nbsp;The amount of any damages payable under <U>Section&nbsp;7.01(a)</U>&nbsp;by the Indemnifying Party shall
be net of any (i)&nbsp;amounts recovered by the Indemnified Party under applicable insurance policies or from any other Person
alleged to be responsible therefor and (ii)&nbsp;Tax benefit actually realized by the Indemnified Party in the taxable year of
the incurrence or payment of any such damages. Any such Tax benefit shall be reduced by any Tax costs incurred as a result of the
corresponding indemnity payment and calculated on a &ldquo;with and without&rdquo; basis. If the Indemnified Party receives any
amounts under applicable insurance policies, or from any other Person alleged to be responsible for any damages subsequent to an
indemnification payment by the Indemnifying Party, then such Indemnified Party shall promptly reimburse the Indemnifying Party
for any payment made or expense incurred by such Indemnifying Party in connection with providing such indemnification payment up
to the amount received by the Indemnified Party, net of any out-of-pocket costs and expenses incurred by such Indemnified Party
in collecting such amount. Each Indemnified Party shall use reasonable efforts to collect any amounts available under insurance
coverage, or from any other Person alleged to be responsible, for any damages payable under <U>Section&nbsp;7.01</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Each
Indemnified Party must use commercially reasonable efforts to mitigate in accordance with applicable Law its damages for which
such Indemnified Party seeks indemnification under this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.04.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>No
Representations</I>. Except as expressly set forth in this Agreement, no Provider Entity makes any express or implied warranties
or guarantees with respect to the Services. Without limiting the foregoing, <B>NO STATUTORY WARRANTY OF MERCHANTABILITY OR FITNESS
FOR A PARTICULAR PURPOSE SHALL APPLY TO THE SERVICES.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.05.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Exclusivity</I>.
Under no circumstances shall a Provider Indemnified Person be liable to a Recipient Entity, its Affiliates or any other Person
for any damages in connection with the provision of the Services, except for any damages to the extent attributable to a Provider
Indemnified Person&rsquo;s gross negligence or willful misconduct. <U>Section&nbsp;7.01</U> will provide the exclusive remedy for
any breach of covenant or other agreement or other claim arising out of this Agreement or the transactions contemplated hereby.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.06.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Limitation
on Liability</I>. The liability of Recipient Entity and its Affiliates pursuant to <U>Section&nbsp;7.01(a)</U>&nbsp;shall in no
event exceed the Service Fees payable by Recipient Entity and its Affiliates pursuant to this Agreement. The liability of Provider
Entity and its Affiliates pursuant to <U>Section&nbsp;7.01(b)</U>&nbsp;shall in no event exceed the Service Fees actually received
by Provider Entity and its Affiliates pursuant to this Agreement. Without limiting any of the foregoing in this <U>Article&nbsp;7</U>,
in no event shall any of the Selling Entities have any Liability under this Agreement arising from or related to the continued
employment of the Current Employees as provided in this Agreement or any Buyer Directives, including any Liability for consequential
or other indirect damages, including for any loss of profits, revenue, business reputation or opportunity, any diminution of value,
or any damages (each of which is hereby disclaimed).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">Article&nbsp;8</FONT><FONT STYLE="font-variant: small-caps"><BR>
Miscellaneous</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.01.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Notices</I>.
All notices or other communications required or permitted under, or otherwise made in connection with, this Agreement shall be
in writing and shall be deemed to have been duly given or made (i)&nbsp;when delivered in person, (ii)&nbsp;when transmitted by
electronic mail if on a Business Day and prior to 5:00PM local time of the recipient on such Business Day, otherwise the next succeeding
Business Day, (iii)&nbsp;upon receipt after dispatch by registered or certified mail, postage prepaid, or (iv)&nbsp;on the next
Business Day if transmitted by national overnight courier (with confirmation of delivery), in each case, addressed as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">if to Buyer, to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Premium Apparel LLC<BR>
933 MacArthur Boulevard</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Mahwah, NJ 07430</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Attn: Dan Lamadrid, CFO</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Email: dan.lamadrid@ascenaretail.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">with a mandated copy (which shall not constitute notice)
to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in"><FONT STYLE="font-size: 10pt">Davis Polk&nbsp;&amp;
Wardwell LLP<BR>
450 Lexington Avenue<BR>
New York, NY 10017</FONT></P>

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<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 1in; text-align: left"><FONT STYLE="font-size: 10pt">Attention:</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Brian Wolfe</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5in"><FONT STYLE="font-size: 10pt">Darren
Schweiger</FONT></P>

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<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 1in; text-align: left"><FONT STYLE="font-size: 10pt">Email:</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">brian.wolfe@davispolk.com</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5in"><FONT STYLE="font-size: 10pt">darren.schweiger@davispolk.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">if to Seller, to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Gary Muto, CEO</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Ascena Retail Group,&nbsp;Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">7 Times Square</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">New York, NY 10036</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Email: gary.muto@ascenaretail.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Dan Lamadrid, CFO</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Ascena Retail Group,&nbsp;Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">933 MacArthur Boulevard</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Mahwah, NJ 07430</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Email: dan.lamadrid@ascenaretail.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">with a mandated copy (which shall not constitute notice)
to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Kirkland&nbsp;&amp; Ellis LLP<BR>
300 North LaSalle Street<BR>
Chicago,&nbsp;Illinois 60654</P>

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<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 1in; text-align: left"><FONT STYLE="font-size: 10pt">Attention:</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Steve Toth</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5in"><FONT STYLE="font-size: 10pt">John
R. Luze</FONT></P>

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<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 1in; text-align: left"><FONT STYLE="font-size: 10pt">Email:</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">steve.toth@kirkland.com</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5in"><FONT STYLE="font-size: 10pt">john.luze@kirkland.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">and&nbsp;to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Kirkland&nbsp;&amp; Ellis LLP<BR>
601 Lexington Avenue<BR>
New York, NY 10022</P>

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<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 1in; text-align: left"><FONT STYLE="font-size: 10pt">Attention:</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Steven N. Serajeddini</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 1in; text-align: left"><FONT STYLE="font-size: 10pt">Email:</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">steven.serajeddini@kirkland.com</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.02.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Amendments
and Waivers</I>. (a)&nbsp;Any provision of this Agreement may be amended or waived if, but only if, such amendment or waiver is
in writing and is signed, in the case of an amendment, by each party to this Agreement, or in the case of a waiver, by the party
against whom the waiver is to be effective.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">No
failure or delay by any party in exercising any right, power or privilege hereunder shall operate as a waiver thereof nor shall
any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power
or privilege. Except as otherwise set forth in <U>Section&nbsp;7.05</U>, the rights and remedies herein provided shall be cumulative
and not exclusive of any rights or remedies provided by law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.03.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Costs</I>.
Except as otherwise provided herein, all costs and expenses incurred in connection with this Agreement shall be paid by the party
(including its Affiliates) incurring such cost or expense.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.04.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Successors
and Assigns</I>. The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their
respective successors, legal representatives, and permitted assigns, including any trustee appointed under Chapter 11 or Chapter
7 of the Bankruptcy Code; <I>provided</I> that no party may assign, delegate or otherwise transfer any of its rights or obligations
under this Agreement without the prior written consent of the other party hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.05.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Governing
Law</I>. Except to the extent the mandatory provisions of the Bankruptcy Code apply, this Agreement, and all claims and causes
of action arising out of, based upon, or related to this Agreement or the negotiation, execution or performance hereof, shall be
governed by, and construed, interpreted and enforced in accordance with, the Laws of the State of Delaware, without regard to choice
or conflict of law principles that would result in the application of any Laws other than the Laws of the State of Delaware.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.06.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Jurisdiction</I>.
Each party hereby irrevocably submits to the exclusive jurisdiction of the Bankruptcy Court (or any court exercising appellate
jurisdiction over the Bankruptcy Court) in respect of any suit, action or proceeding arising out of, based upon or relating to
this Agreement or any of the rights and obligations arising hereunder, and agrees that it will not bring any action arising out
of, based upon or related thereto in any other court; <I>provided</I>, <I>however</I>, that, if the Bankruptcy Case is dismissed,
any suit, action or proceeding arising out of, based upon or relating to this Agreement or the transactions contemplated hereby
shall be heard and determined solely in the Chancery Court of the State of Delaware and any state appellate court therefrom within
the State of Delaware (or, if the Chancery Court of the State of Delaware declines to accept jurisdiction over a particular matter,
any state or federal court within the State of Delaware and any direct appellate court therefrom). Each party hereby irrevocably
waives, and agrees not to assert as a defense, counterclaim or otherwise, in any such suit, action or proceeding, (a)&nbsp;any
claim that it is not personally subject to the jurisdiction of the above named courts for any reason other than the failure to
serve process in accordance with applicable Law, (b)&nbsp;any claim that it or its property is exempt or immune from jurisdiction
of any such court or from any legal process commenced in such courts (whether through service of notice, attachment prior to judgment,
attachment in aid of execution of judgment, execution of judgment or otherwise) and (c)&nbsp;to the fullest extent permitted by
applicable Law, any claim that (i)&nbsp;the suit, action or proceeding in such court is brought in an inconvenient forum, (ii)&nbsp;the
venue of such suit, action or proceeding is improper or (iii)&nbsp;this Agreement or any other agreement or instrument contemplated
hereby or entered into in connection herewith, or the subject matter hereof or thereof, may not be enforced in or by such courts.
Each party agrees that notice or the service of process in any suit, action or proceeding arising out of, based upon or relating
to this Agreement or any of the rights and obligations arising hereunder or thereunder, shall be properly served or delivered if
delivered in the manner contemplated by <U>Section&nbsp;8.01</U> or in any other manner permitted by applicable Law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.07.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Waiver
of Jury Trial</I>. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING
ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.08.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Counterparts;
Effectiveness; Third Party Beneficiaries</I>. This Agreement may be signed in any number of counterparts, and by each party on
separate counterparts. Each such counterpart shall be an original, with the same effect as if the signatures thereto and hereto
were upon the same instrument. This Agreement shall become effective when each party hereto shall have received a counterpart hereof
signed by the other party hereto. Until and unless each party has received a counterpart hereof signed by the other party hereto,
this Agreement shall have no effect and no party shall have any right or obligation hereunder (whether by virtue of any other oral
or written agreement or other communication). Delivery of a counterpart hereof by email attachment shall be an effective mode of
delivery. No provision of this Agreement is intended to confer any rights, benefits, remedies, obligations or liabilities hereunder
upon any Person other than the parties hereto and their respective successors and assigns, other than the Indemnified Parties,
who are intended third party beneficiaries of the provisions of <U>Article&nbsp;7</U> entitled to enforce such provisions as if
directly a party hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.09.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Entire
Agreement</I>. This Agreement and the Transaction Documents constitute the entire agreement between the parties and their respective
Affiliates with respect to the subject matter of this Agreement and supersede all prior agreements and understandings, both oral
and written, between the parties with respect to the subject matter of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.10.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Severability</I>.
Each term, provision, covenant and restriction of this Agreement is severable. If any such term, provision, covenant or restriction
is held by a court of competent jurisdiction to be invalid, void or unenforceable, (a)&nbsp;it shall have no effect in that respect
and the parties shall use all reasonable efforts to replace it in that respect with a valid and enforceable substitute term, provision,
covenant or restriction (as applicable), the effect of which is as close to its intended effect as possible; and (b)&nbsp;the remainder
of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way
be affected, impaired or invalidated so long as the economic or legal substance of the transactions contemplated hereby is not
affected in any manner materially adverse to any party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.11.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Independent
Contractor</I>. Nothing contained in this Agreement shall be construed to create the relationship of joint venture or partnership
among Seller and Buyer. Buyer and Seller are independent contractors and shall be free, subject to the terms and conditions of
this Agreement, to exercise judgment and discretion with regard to the conduct of their respective businesses.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.12.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Non-Exclusivity</I>.
Nothing in this Agreement shall prevent Buyer or Seller during the term of this Agreement from providing any services to any other
party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.13.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Specific
Performance</I>. Each party acknowledges and agrees that irreparable damage would occur if this Agreement were not performed by
such party in accordance with the terms thereof and that the other party shall be entitled to an injunction or injunctions to prevent
breaches of such terms and provisions or to enforce specifically the performance of such terms and provisions in addition to any
other remedy to which such party is entitled at law or in equity in accordance with the terms set forth in this Agreement. The
parties further acknowledge and agree that no party shall be required to post any bond, guaranty or other surety or make a showing
of irreparable harm in order to obtain any such injunction or specific performance.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.14.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Asset
Purchase Agreement</I>. Nothing herein is intended to modify, limit, expand, or otherwise affect the representations, warranties,
covenants, agreements and indemnifications contained in the Asset Purchase Agreement, or any remedies with respect thereto, and
such representations, warranties, covenants, agreements and indemnifications shall remain in full force and effect in accordance
with the terms of the Asset Purchase Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[<I>Signature page&nbsp;follows</I>.]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">IN WITNESS WHEREOF, this Agreement has been
duly executed by a duly authorized officer of each party hereto as of the date first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font-size: 10pt"><B>LANE BRYANT BRANDS OPCO LLC</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Dan Lamadrid</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 42%">Dan Lamadrid</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Executive Vice President &amp; Chief Financial Officer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font-size: 10pt"><B>PREMIUM BRANDS OPCO LLC </B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Dan Lamadrid </TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD>Dan Lamadrid </TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Executive Vice President &amp; Treasurer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font-size: 10pt"><B>PREMIUM BRANDS SERVICES LLC </B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt"></FONT>/s/ Dan Lamadrid </TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD>Dan Lamadrid </TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD>Executive Vice President, Chief Financial Officer &amp; Treasurer</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font-size: 10pt"><B>ASCENA RETAIL GROUP,&nbsp;INC.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Carrie Teffner </TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD>Carrie Teffner </TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Authorized Signatory </FONT></TD></TR>
</TABLE>
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<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>tm2039145d1_ex10-2.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
<HTML>
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<P STYLE="text-align: right; margin: 0"><B>Exhibit 10.2</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Execution Version</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>TERMINATION LETTER RE: LUXCO AGREEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ascena Retail Group,&nbsp;Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">933 MacArthur Boulevard</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Mahwah, New Jersey 07430</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Attn: Michael Veitenheimer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Alter Domus (US) LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">225 W. Washington St., 9<FONT STYLE="font-size: 10pt">th </FONT>Floor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Chicago,&nbsp;IL 60606</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Attention: Legal Department and Hendrik van der Zandt</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">December&nbsp;22, 2020</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ladies and Gentlemen:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Reference is made to
that certain (i)&nbsp;Conditional Assignment Agreement, dated as of July&nbsp;23, 2020, by and between AnnTaylor Loft GP Lux S.&agrave;
r.l, a private limited liability company (<I>soci&eacute;t&eacute; &agrave; responsabilit&eacute; limit&eacute;e</I>) formed under
the laws of Luxembourg, with registered office at 14, rue Edward Steichen, L-2540 Luxembourg, Grand Duchy of Luxembourg and registered
with the Luxembourg Register of Commerce and Companies under number B&nbsp;242.257 (&ldquo;<U>Luxco 1</U>&rdquo;), AnnTaylor Loft
Borrower Lux SCS, a common limited partnership (<I>soci&eacute;t&eacute; en commandite simple</I>)formed under the laws of Luxembourg,
with registered office at 14, rue Edward Steichen, L-2540 Luxembourg, Grand Duchy of Luxembourg and registered with the Luxembourg
Register of Commerce and Companies under number B&nbsp;242.419, acting through and represented by its managing general partner
(<I>associ&eacute; g&eacute;rant commandit&eacute;</I>), the Luxco 1 (&ldquo;<U>Luxco </U>2&rdquo; and together with Luxco 1, the
 &ldquo;<U>Luxcos</U>&rdquo;) and Alter Domus (US) LLC (the &ldquo;<U>Agent</U>&rdquo; and together with the Luxcos, the &ldquo;<U>Parties</U>&rdquo;
and individually a &ldquo;<U>Party</U>&rdquo;) (the &ldquo;<U>Conditional Assignment Agreement</U>&rdquo;), (ii)&nbsp;Springing
Collateral Agreement, dated as of July&nbsp;23, 2020, by and between the Parties (the &ldquo;<U>Springing Collateral Agreement</U>&rdquo;),
(iii)&nbsp;Luxembourg law governed Pledge Agreement, dated as of July&nbsp;23, 2020, by and among Luxco 1 as Pledgor, Luxco 2 as
Company and Agent as Pledgee (the &ldquo;<U>Pledge Agreement</U>&rdquo;), (iv)&nbsp;Trademark Security Agreement, dated as of July&nbsp;23,
2020, by and among Luxco 2 and Agent (the &ldquo;<U>Trademark Security Agreement</U>&rdquo;, and together with the agreements described
in (i)-(iv)&nbsp;above, the &ldquo;<U>Luxco Agreements</U>&rdquo;), (v)&nbsp;Payoff Letter, dated as of December&nbsp;22, 2020,
by and among Ascena, AnnTaylor Retail,&nbsp;Inc. and Agent (the &ldquo;<U>Payoff Letter</U>&rdquo;), (vi)&nbsp;the Restructuring
Support Agreement, dated as of July&nbsp;23, 2020, by and between the Company Parties (as defined therein) and Consenting Stakeholders
(as defined therein) (as amended as of November&nbsp;26, 2020 and as further amended, supplemented, restated or otherwise modified
from time to time, the &ldquo;<U>RSA</U>&rdquo;), pursuant to which the Consenting Stakeholders (as defined therein) and the Company
Parties (as defined therein) consented to and supported the Sale Transaction (as defined therein), which Sale Transaction contemplates
a sale of all or substantially all of the Company Parties&rsquo; assets including the Luxcos and their assets, (vii)&nbsp;the Sale
Order (as defined in the RSA), which Sale Order was duly issued by the United States Bankruptcy Court for the Eastern District
of Virginia on December&nbsp;8, 2020, (viii)&nbsp;the Letter Agreement Appointing of Incremental Collateral Agent dated as of July&nbsp;23,
2020 by the Consenting Stakeholders appointing Alter Domus (US) LLC as the Agent under the Luxco Agreements (the &ldquo;<U>Agency
Agreement</U>&rdquo;) and (ix)&nbsp;the Fee Letter, dated as of July&nbsp;23, 2020, between Ascena and the Agent (the &ldquo;Conditional
Assignment Fee Letter&rdquo;). Capitalized terms used but not defined herein shall have the meaning assigned to them in the Conditional
Assignment Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="text-indent: 0.25in; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">1.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Consenting
Stakeholders appointed Alter Domus (US) LLC as Agent under the Agency Agreement and directed the Agent to enter into the Luxco
Agreements with the Luxcos;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">2.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Consenting
Stakeholders and Company Parties entered into the RSA, which supported and consented to the Sale Transaction and the Asset Purchase
Agreement (as defined in the RSA), pursuant to which all or substantially all of the Company Parties&rsquo; assets and the Luxcos
and their assets are to be sold;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">3.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">The
Luxcos and Agent each hereby represents and warrants that as of the Effective Time (as defined in the Payoff Letter):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">a.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Neither
the Luxcos nor the Agent have been notified of the occurrence of any Springing Event under the Luxco Agreements;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">b.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">No
financing statement or other document to perfect a security interest in any of the collateral in the Luxco Agreements has been
filed by either the Agent or any of the Luxcos and neither the Agent nor the Luxcos are aware of any such filing by any other party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">4.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">The
Luxcos and Agent, on behalf of itself and the Consenting Stakeholders, agree that, notwithstanding anything to the contrary in
the Conditional Assignment Agreement, any Luxco Agreement or the Agency Agreement and pursuant to and/or in accordance with the
RSA, Sale Order and the Asset Purchase Agreement, that upon the consummation of each of (x)&nbsp;the Sale Transaction and (y)&nbsp;the
Effective Time, that:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">a.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">each
of the Luxco Agreements and the Conditional Assignment Fee Letter (including any liens granted thereunder, in each case) shall
be deemed terminated and have no further force or effect and any obligations thereunder shall be deemed discharged accordingly;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">b.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">the
Agent shall be released as the Agent under the Agency Agreement and such Agency Agreement shall be deemed terminated by the Consenting
Stakeholders and the Company Parties party thereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">5.</TD><TD STYLE="text-align: justify">The Luxcos hereby voluntarily discharge, waive, acquit, surrender and expressly release the Agent
and its officers, directors, employees, agents, affiliates, representatives, attorneys, and their respective successors and assigns
(collectively, the &quot;<U>Released Parties</U>&quot;) from (a)&nbsp;all obligations to any Luxco (and their respective successors
and assigns) under the Luxco Agreements, and (b)&nbsp;any and all claims, causes of action, damages, liabilities or obligations
of every nature and description in any way or manner arising out of the any Released Party&rsquo;s performance and obligations
under the Luxco Agreements; whether known or unknown, anticipated or unanticipated, fixed or contingent, at law or in equity, that
any Luxco at any time may have, or that its successors and assigns may have against the Released Parties Notwithstanding anything
to the contrary in the foregoing sentence, (i)&nbsp;such release provided herein shall only apply to claims, causes of action,
damages, liabilities or obligations arising out of or connected with, or relating to an and all acts, omissions or events occurring
prior to the date hereof, (ii)&nbsp;such release shall not apply to any claim to the extent such claim arises solely from (x)&nbsp;the
gross negligence, bad faith or willful misconduct of any Released Party or (y)&nbsp;any acts or omissions of any Released Parties
with respect to the duties and obligations set forth in this letter agreement and (iii)&nbsp;such release shall not apply to any
disputes solely between Released Parties that do not involve any acts or omissions of any Luxco.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">6.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
of the Parties irrevocably acknowledges and agrees that any power of attorney granted to the Agent in relation to the Luxco Agreements
is hereby revoked.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">7.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">The
Luxco 2 undertakes to record the termination forthwith in the Partner&rsquo;s Register (as defined in the Pledge Agreement) by
using the following wording:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&quot;<I>The pledge agreement dated 23
July&nbsp;2020, referred to above have been irrevocably and unconditionally terminated in accordance with the terms of a termination
letter, dated 22 December&nbsp;2020, entered into between, among others, AnnTaylor Loft GP Lux S.&agrave; r.l. as Luxco 1, Alter
Domus (US) LLC, as Agent and AnnTaylor Loft Borrower Lux SCS as Luxco 2.</I>&quot;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Parties hereby instruct and appoint
any employee of the domiciliation agent of the Luxco 2, each acting individually, to register, with effect as from the date hereof,
the above entry.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">8.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Article&nbsp;V
(other than Section&nbsp;5.5) of the Conditional Assignment Agreement is hereby incorporated by reference into this Termination
Letter, <I>mutatis mutandis</I>, except for the termination of the Pledge Agreement for which Article&nbsp;13 of the Pledge Agreement
is hereby incorporated by reference into this Termination Letter, <I>mutatis mutandis.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">9.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">The
parties hereby agree that notwithstanding anything herein to the contrary, Section&nbsp;2.1 (<I>Expenses; Indemnity; Damage Waiver</I>)
of the Agency Agreement shall survive the termination of the Agency Agreement in Paragraph 4(b)&nbsp;above.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">10.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">At
any time and from time to time, upon the written request and at the expense of the Company Parties, the undersigned will promptly
execute and deliver any and all further instruments and documents and take such further action as the Company Parties may reasonably
request to effectuate, evidence or reflect of public record, the termination referred to in this letter agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Sincerely,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 42%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase"><B>AnnTaylor Loft GP Lux S.&agrave; r.l.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ <FONT STYLE="font: 10pt Times New Roman, Times, Serif">Marc
    Crawford</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD>Marc Crawford</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">authorised signatory</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 229.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>AnnTaylor Loft Borrower Lux
    SCS,</B></FONT><B> <BR> </B>acting through and represented by its managing general partner (<I>associ&eacute; g&eacute;rant
    commandit&eacute;</I>) <B>ANNTAYLOR LOFT GP LUX S.&Agrave; R.L.</b></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 42%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ <FONT STYLE="font: 10pt Times New Roman, Times, Serif">Marc
    Crawford</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Name:</FONT></TD>
    <TD>Marc Crawford</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Title:</FONT></TD>
    <TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">authorised signatory</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 229.5pt">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Acknowledged and Agreed:</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B>ALTER DOMUS (US) LLC</B>, as Agent</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Matthew Trybula</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="text-align: justify; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Matthew Trybula</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Associate Counsel</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify">Acknowledged and Agreed as of the date first written above:</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 42%">&nbsp;</TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="text-transform: uppercase"><B>ASCENA Retail group,
inc.</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/
Gary Holland</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Name: </TD>
    <TD>Gary Holland</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Title: </TD>
    <TD>Vice President, Chief Counsel and Assistant Secretary</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="text-transform: uppercase"><B>Anntaylor Retail,
inc.</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 42%">&nbsp;</TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/
Gary Holland</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Name: </TD>
    <TD>Gary Holland</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Title: </TD>
    <TD>Vice President, Chief Counsel and Assistant Secretary</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>4
<FILENAME>tm2039145d1_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 99.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ASCENA RETAIL GROUP COMPLETES SALE OF
ANN TAYLOR, LOFT,<BR>
LOU &amp; GREY AND LANE BRYANT TO SYCAMORE PARTNERS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>Continuing to Serve Customers In-Store
and Online </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">MAHWAH, N.J. &ndash; December 23, 2020 &ndash; ascena retail
group, inc. (OTCMKTS: ASNAQ) and certain of its subsidiaries (collectively, &ldquo;ascena&rdquo; or the &ldquo;Company&rdquo;)
today announced <FONT STYLE="font-family: Times New Roman, Times, Serif">that it has completed the sale of the </FONT>Ann Taylor,
LOFT, Lou &amp; Grey, and Lane Bryant brands to Premium Apparel LLC, an affiliate of Sycamore Partners<FONT STYLE="font-family: Times New Roman, Times, Serif">.
Premium Apparel has committed to retaining a substantial portion of the retail stores, associates, and corporate operations affiliated
with these brands.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&ldquo;We are pleased to have completed this transaction, which
secures a path for the long-term success of Ann Taylor, LOFT, Lou &amp; Grey, and Lane Bryant,&rdquo; said Gary Muto, Chief Executive
Officer. &ldquo;We have worked diligently to maximize the value of our brands, and we are confident they will thrive under Sycamore&rsquo;s
ownership.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Mr. Muto continued, &ldquo;I would like to thank our associates,
who have remained focused on meeting our customers&rsquo; needs throughout our financial restructuring process. While we have certainly
faced obstacles in the challenging retail landscape brought on by the global pandemic, our associates have consistently demonstrated
leadership, professionalism and dedication to our customers and to each other. Ann Taylor, LOFT, Lou &amp; Grey and Lane Bryant
will continue to serve customers through the holiday season and beyond.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&ldquo;We&rsquo;re pleased to have completed our purchase of
these four highly respected apparel brands and are excited by the opportunity to unlock their full potential as part of our portfolio,&rdquo;
said Stefan Kaluzny, Managing Director of Sycamore Partners. &ldquo;We look forward to working with the brands&rsquo; associates
to continue delivering great products and memorable experiences to their customers, while positioning each for long-term success.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As previously disclosed, FullBeauty Brands Operations, LLC has
completed its acquisition of Catherines&rsquo; intellectual property assets and e-commerce business, and Justice Brand Holdings
LLC, an entity formed by Bluestar Alliance LLC, has completed its acquisition of the intellectual property of Justice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>About Sycamore Partners</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Sycamore Partners is a private equity firm based in New York.
The firm specializes in consumer, distribution and retail-related investments and partners with management teams to improve the
operating profitability and strategic value of their business. With approximately $10 billion in aggregate committed capital raised
since its inception in 2011, Sycamore Partners&rsquo; investors include leading endowments, financial institutions, family offices,
pension plans and sovereign wealth funds. For more information on Sycamore Partners, visit <U>www.sycamorepartners.com</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Additional Information</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Additional resources for customers and other stakeholders,
and other information on ascena&rsquo;s financial restructuring, can be accessed by visiting the Company&rsquo;s restructuring
website at <U>https://www.ascenaretail.com/restructuring/</U>. Court filings and other documents related to the Chapter 11 process
are available at <U>http://cases.primeclerk.com/ascena</U>, by calling the Company&rsquo;s claims agent, Prime Clerk, toll-free
at (877) 930-4319 (toll free) or (347) 899-4594 (international) or sending an email to <U>ascenainfo@primeclerk.com</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Kirkland &amp; Ellis LLP is serving as legal counsel to the
Company and Alvarez and Marsal Holdings, LLC is serving as restructuring advisor. Guggenheim Securities, LLC is serving as the
Company&rsquo;s financial advisor. Davis Polk &amp; Wardwell LLP is serving as legal counsel to Sycamore Partners and Premium Apparel
LLC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Forward-Looking Statements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Certain statements or information made within this press release
may constitute &ldquo;forward-looking statements&rdquo; within the meaning of the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially.
Forward-looking statements are statements related to future, not past, events, and often contain words such as &ldquo;expect,&rdquo;
&ldquo;anticipate,&rdquo; &ldquo;intend,&rdquo; &ldquo;plan,&rdquo; &ldquo;believe,&rdquo; &ldquo;seek,&rdquo; &ldquo;see,&rdquo;
&ldquo;will,&rdquo; &ldquo;would,&rdquo; &ldquo;estimate,&rdquo; &ldquo;forecast,&rdquo; &ldquo;target,&rdquo; &ldquo;preliminary&rdquo;
or &ldquo;range,&rdquo; or similar words. Forward-looking statements are based only on the Company&rsquo;s current assumptions
and views of future events and financial performance. They are subject to known and unknown risks and uncertainties, many of which
are outside of the Company&rsquo;s control that may cause the Company&rsquo;s actual results to be materially different from planned
or expected results. Those risks and uncertainties include, but are not limited to, risks attendant to the bankruptcy process,
including the Company&rsquo;s ability to obtain approval from the Bankruptcy Court with respect to motions or other requests made
to the Bankruptcy Court throughout the course of the Chapter 11 Cases; the ability of the Company to negotiate, develop, confirm
and consummate a plan of reorganization; the effects of the Chapter 11 Cases, including increased legal and other professional
costs necessary to execute the Company&rsquo;s reorganization, on the Company&rsquo;s liquidity (including the availability of
operating capital during the pendency of the Chapter 11 Cases); the length of time that the Company will operate under Chapter
11 protection; and risks associated with third-party motions in the Chapter 11 Cases. Please refer to the Company&rsquo;s Annual
Report on Form 10-K for the fiscal year ended August 1, 2020 and subsequent filings with the Securities and Exchange Commission
for a further discussion of risks and uncertainties. The Company does not undertake to publicly update or review its forward-looking
statements, even if experience or future changes make it clear that the projected results expressed or implied will not be achieved.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ASCENA CONTACT</B></FONT></TD>
    <TD STYLE="width: 34%">&nbsp;</TD>
    <TD STYLE="width: 33%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For investors:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For media:</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ICR Inc.</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ascena retail group, inc.</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Jean Fontana</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shawn Buchanan</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Managing Director</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Corporate Communications</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(646) 277-1214</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(212) 541-3418</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Jean.Fontana@icrinc.com</U></FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Shawn_buchanan@ascenaretail.com</U></FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD ROWSPAN="6"> </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">OR</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Joele Frank, Wilkinson Brimmer Katcher</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Meaghan Repko / Leigh Parrish / Dan Moore</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">212-355-4449</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><IMG SRC="tm2039145d1_ex99-1img01.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<TYPE>EX-101.SCH
<SEQUENCE>5
<FILENAME>asnacom-20201223.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" ?>
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	  <link:usedOn>link:definitionLink</link:usedOn>
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    <import namespace="http://fasb.org/us-gaap/2020-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd" />
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    <import namespace="http://fasb.org/srt-types/2020-01-31" schemaLocation="http://xbrl.fasb.org/srt/2020/elts/srt-types-2020-01-31.xsd" />
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<TYPE>EX-101.LAB
<SEQUENCE>6
<FILENAME>asnacom-20201223_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US">Entity Primary SIC Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US">Entity Tax Identification Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US">Entity Address, Address Line One</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US">Entity Address, Address Line Two</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US">Entity Address, Address Line Three</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US">Entity Address, City or Town</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US">Entity Address, State or Province</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US">Entity Address, Country</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US">Country Region</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US">City Area Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US">Local Phone Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Extension" xlink:label="dei_Extension" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US">Extension</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US">Written Communications</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US">Title of 12(b) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US">No Trading Symbol Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US">Security Exchange Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US">Title of 12(g) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US">Security Reporting Obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US">Annual Information Form</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US">Audited Annual Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Entity Voluntary Filers</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Entity Current Reporting Status</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US">Entity Interactive Data Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US">Entity Small Business</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US">Entity Emerging Growth Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityExTransitionPeriod_lbl" xml:lang="en-US">Elected Not To Use the Extended Transition Period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAccountingStandard_lbl" xml:lang="en-US">Document Accounting Standard</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_OtherReportingStandardItemNumber" xlink:label="dei_OtherReportingStandardItemNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_OtherReportingStandardItemNumber" xlink:to="dei_OtherReportingStandardItemNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_OtherReportingStandardItemNumber_lbl" xml:lang="en-US">Other Reporting Standard Item Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US">Entity Shell Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
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<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>7
<FILENAME>asnacom-20201223_pre.xml
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            <identifier scheme="http://www.sec.gov/CIK">0001498301</identifier>
        </entity>
        <period>
            <startDate>2020-12-23</startDate>
            <endDate>2020-12-23</endDate>
        </period>
    </context>
    <unit id="USD">
        <measure>iso4217:USD</measure>
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    <unit id="Shares">
        <measure>shares</measure>
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            <unitNumerator>
                <measure>iso4217:USD</measure>
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            <unitDenominator>
                <measure>shares</measure>
            </unitDenominator>
        </divide>
    </unit>
    <dei:EntityCentralIndexKey contextRef="From2020-12-23to2020-12-23">0001498301</dei:EntityCentralIndexKey>
    <dei:AmendmentFlag contextRef="From2020-12-23to2020-12-23">false</dei:AmendmentFlag>
    <dei:DocumentType contextRef="From2020-12-23to2020-12-23">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate contextRef="From2020-12-23to2020-12-23">2020-12-23</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName contextRef="From2020-12-23to2020-12-23">ASCENA RETAIL GROUP, INC.</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode contextRef="From2020-12-23to2020-12-23">DE</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber contextRef="From2020-12-23to2020-12-23">001-39300</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber contextRef="From2020-12-23to2020-12-23">30-0641353</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1 contextRef="From2020-12-23to2020-12-23">933 MacArthur Boulevard</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown contextRef="From2020-12-23to2020-12-23">Mahwah</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince contextRef="From2020-12-23to2020-12-23">NJ</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode contextRef="From2020-12-23to2020-12-23">07430</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode contextRef="From2020-12-23to2020-12-23">551</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="From2020-12-23to2020-12-23">777-6700</dei:LocalPhoneNumber>
    <dei:WrittenCommunications contextRef="From2020-12-23to2020-12-23">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial contextRef="From2020-12-23to2020-12-23">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer contextRef="From2020-12-23to2020-12-23">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer contextRef="From2020-12-23to2020-12-23">false</dei:PreCommencementIssuerTenderOffer>
    <dei:EntityEmergingGrowthCompany contextRef="From2020-12-23to2020-12-23">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.20.4</span><table class="report" border="0" cellspacing="2" id="idm140015160947752">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Dec. 23, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Dec. 23,  2020<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-39300<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">ASCENA RETAIL GROUP, INC.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001498301<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">30-0641353<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">933 MacArthur Boulevard<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Mahwah<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">NJ<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">07430<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">551<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">777-6700<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
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<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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</TEXT>
</DOCUMENT>
</SUBMISSION>
