1994 NON-EMPLOYEE DIRECTOR STOCK OPTION PLAN
NON-QUALIFIED STOCK OPTION CONTRACT
THIS NON-QUALIFIED STOCK OPTION CONTRACT entered into as of the 20th day of April 2000,
between Swank, Inc., a Delaware corporation (the "Company"), and Raymond Vise (the "Optionee").
W I T N E S S E T H
1. The Company, in accordance with the terms and conditions of the 1994 Non-Employee Director Stock
Option Plan of the Company (the "Plan"), grants as of April 20, 2000 to the Optionee an option to purchase an
aggregate of 5,000 shares of the Common Stock, $.10 par value per share, of the Company ("Common Stock"),
at $.813 per share, being 100% of the fair market value of such shares of Common Stock on such date.
2. The term of this option shall be 5 years from April 20, 2000, subject to earlier termination as provided in this
Contract and in the Plan. This option shall be immediately exercisable as to 100% of the number of shares of
Common Stock subject hereto.
3. This option shall be exercised by giving written notice to the Company at its principal office, presently 6 Hazel
Street, Attleboro, Massachusetts 02703-0962, Attention: Treasurer, stating that the Optionee is exercising this
stock option, specifying the number of shares being purchased and accompanied by payment in full of the
aggregate purchase price thereof in cash or by check. In no event may a fraction of a share of Common Stock be
purchased under this option.
4. Notwithstanding the foregoing, and without limiting the provisions of paragraph 11 of the Plan, this option shall
not be exercisable by the Optionee unless (a) a registration statement under the Securities Act of 1933, as
amended (the "Securities Act") with respect to the shares of Common stock to be received upon the exercise of
the option shall be effective and current at the time of exercise or (b) there is an exemption from registration under
the Securities Act for the issuance of the shares of Common Stock upon exercise. At the request of the Board of