Stamp duty paid upon receipt
Authorization No. 7,
January 22, 1993
Among the undersigned:
1 - Name: INTER PARFUMS
Capital: 12,816,594 Euros
Corporate Headquarters: 4, Rond Point des Champs Elysees - 75008 PARIS
SIREN: 350.219.382 RCS PARIS
Represented by Mr. Philippe Benacin, date of birth, 01/15/1959, who possesses all powers to the effect of these
presents in his role as President and General Director.
The aforementioned corporate body shall be referred to hereinafter as "the Borrower".
2- CREDIT LYONNAIS, with Corporate Headquarters in LYON, 18 rue de la Republique, and with
Central Headquarters in PARIS, 19 boulevard des Italiens, SIREN 954 509 741, RCS LYON, is represented
Eric Penet Audet (handwritten)
Hereinafter "the Lender"
The party of the second part,
It should be noted:
- That the Lender, on 10/16/2003, in Paris, granted, in accordance with a private agreement, to the
Borrower, a Line of Credit (hereinafter the "Loan") for the amount of 15,000,000 Euros (fifteen million Euros) at
the 3 month Euribor interest rate plus a Fixed Margin of 0.45% per annum, for the period of 5 years, to be
repaid in full on 10/16/2008, being specified that the Loan be used, at the date of signature of this Loan Contract,
for an amount up to 15,000,000 Euros.
- That the Borrower has asked the Lender to grant a Loan for the amount of 16,000,000 Euros
(sixteen million Euros) for the purpose of fully and finally repaying up to the Loan amount of 15,000,000 Euros