Coach 2013 Annual Report Download - page 605

EXHIBIT G
Form of Guaranty
AGREEMENT AND GUARANTY
AGREEMENT AND GUARANTY (this “Guaranty”) made as of [_________ __, 20__], by COACH, INC., a Maryland corporation,
having an address at [______________ _____________________] (“ Guarantor”), to [LEGACY YARDS TENANT LLC, a Delaware limited liability
company] having an address at c/o The Related Companies, L.P., 60 Columbus Circle, New York, New York 10023 (“Landlord”).
WITNESSETH:
WHEREAS:
A. Landlord has been requested by Coach Legacy Yards LLC, a Delaware limited liability company (“ Tenant”), to enter into a Lease,
dated as of the date hereof (the “Lease”), whereby Landlord would lease to Tenant, and Tenant would rent from Landlord, the [entire rentable area of the _____
(__th) floor], as more particularly described in the Lease (the “ Premises”), in the building known as Tower C Condominium, located at
______________________ in New York, New York.
B. Guarantor owns, directly or indirectly, an interest in Tenant, and will derive substantial benefit from the execution and delivery of
the Lease.
C. Guarantor acknowledges that Landlord would not enter into the Lease unless this Guaranty accompanied the execution and
delivery of the Lease.
NOW, THEREFORE, in consideration of the execution and delivery of the Lease and of other good and valuable consideration, the receipt
and legal sufficiency of which are hereby acknowledged, Guarantor covenants and agrees as follows:
1. Definitions. Defined terms used in this Guaranty and not otherwise defined shall have the meanings assigned to them in the
Lease.
2. Covenants of Guarantor.
(a) Guarantor absolutely, unconditionally and irrevocably guarantees, as a primary obligor and not merely as a surety: (i) the full and
prompt payment of all Fixed Annual Rent and Additional Rent and all other sums and charges payable by Tenant under the Lease, and (ii) the full and timely
performance of all covenants, terms, conditions, obligations and agreements to be performed by Tenant under the Lease (all of the obligations described in
clauses (i) and (ii), collectively, the “Obligations”). If a default shall occur under the Lease and be continuing beyond any applicable notice, grace or cure
periods thereunder (subject, in the event of any disputes between Landlord and Tenant, to the resolution thereof pursuant to the terms of the Lease), Guarantor
will, upon demand, promptly pay and perform all of the Obligations, and pay to Landlord when due all Fixed Annual Rent and Additional Rent payable by
Tenant under the Lease, together with all damages, costs and expenses to which Landlord is entitled pursuant to the Lease.
Exhibit G