TOMMY HILFIGER LICENSING, INC.
MOVADO GROUP, INC.
* CONFIDENTIAL PORTIONS OF THIS EXHIBIT HAVE BEEN OMITTED FROM PAGES 2, 6, 11-19,
22-24, 27-29, AND EXHIBITS C, D, L, M AND O AND FILED SEPARATELY WITH THE SECURITIES
AND EXCHANGE COMMISSION ("SEC") PURSUANT TO RULE 24 b-2 OF THE SECURITIES
EXCHANGE ACT OF 1934 ("1934 ACT").
THIS AGREEMENT is entered into as of the 3 day of June, 1999, by and between TOMMY HILFIGER
LICENSING, INC., a Delaware corporation, having an address at 913 N. Market Street, Wilmington,
Delaware 19801 ("Hilfiger") and Movado Group, Inc., a New York corporation, having its offices at 125 Chubb
Avenue, Lyndhurst, New Jersey 07071 ("MGI") and N.A. Trading, S.A., a Swiss corporation, having its offices
at Bettlachstrasse 8, 2540 Grenchen, Switzerland ("NAI") (MGI and NAI are hereinafter jointly referred to as
"Licensee"), with reference to the following premises.
P R E M I S E S
A. Hilfiger's Trademarks (as defined below) are famous and valuable, and are associated with substantial
goodwill in connection with apparel and related products.
B. Licensee recognizes the fame, value of, and goodwill associated with, the Trademarks and that all rights to the
Trademarks and the goodwill associated therewith belong exclusively to Hilfiger.
C. Licensee desires to have the license to use the Trademarks, on and in connection with the manufacture,
marketing, advertising, sale and distribution of Licensed Products (as defined below) in the Territory (as defined
D. Hilfiger is willing to grant such license to Licensee subject to the terms and conditions set forth below.
EXHIBIT A TRADEMARKS
EXHIBIT B LICENSED PRODUCTS
EXHIBIT C ORGANIZATION CHART
EXHIBIT D DESIGN AND PRODUCTION PLAN
EXHIBIT E APPROVAL FORM
EXHIBIT F CODE OF CONDUCT
EXHIBIT G THIRD PARTY MFR CERTIFICATION