EXHIBIT 10.13.3
FOURTH AMENDMENT TO LEASE GUARANTEE
This Fourth Amendment to Lease Guarantee (hereinafter referred to as "this Fourth Amendment") is entered into
as of the 1st day of April, 1996, among PIER 1 IMPORTS, INC., a Delaware corporation ("Guarantor"), PIER
1 IMPORTS (U.S.), INC., a Delaware corporation (Pier 1 Imports, Inc. and Pier 1 Imports (U.S.), Inc. are
hereinafter collectively referred to as the "Guarantors") and PIER GROUP, INC., a Delaware corporation
("Lessor").
WHEREAS, Guarantors and Lessor previously entered into a Lease Guarantee (the "Lease Guarantee") dated
December 30, 1992, whereby Guarantors guaranteed the full payment and performance when due of all rent,
indebtedness, and obligations now or hereafter existing or owing to Lessor pursuant to lease agreements from
time to time entered into with Pier Lease, Inc., a Delaware corporation; and
WHEREAS, the Lease Guarantee was amended by a First Amendment to Lease Guarantee dated as of April
28, 1993 (the "First Amendment"); and
WHEREAS, the Lease Guarantee was amended by a Second Amendment to Lease Guarantee dated as of April
25, 1994 (the "Second Amendment"); and
WHEREAS, the Lease Guarantee was amended by a Third Amendment to Lease Guarantee dated as of June
20, 1994 (the "Third Amendment"); and
WHEREAS, Guarantors and Lessor have agreed to amend the Lease Guarantee as more fully set forth
hereinafter.
NOW, THEREFORE, in consideration of the premises and other valuable consideration, the receipt and
adequacy of which are hereby acknowledged, the Guarantors and the Lessor agree as follows:
1. The definitions of "Cash Flow Available For Fixed Charges," "Consolidated Tangible Net Worth" and
"Restricted Investments" in Section 3 of the Lease Guarantee are amended to read in their entirety as follows:
"Cash Flow Available For Fixed Charges" shall mean the sum of Consolidated Net Income plus depreciation and
amortization plus interest expense plus taxes plus operating lease expense calculated on a rolling four