-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DGZAY23wp9d+VXy53HJRQexQCIi23HGqUUduwauwSPrliB1EmBSAkRNJ5mYmgawA wEEjJlqIlN15PVyTLSCEFg== 0000950172-00-000253.txt : 20000215 0000950172-00-000253.hdr.sgml : 20000215 ACCESSION NUMBER: 0000950172-00-000253 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000214 GROUP MEMBERS: ARMAND MARCIANO GROUP MEMBERS: GARY W. HAMPAR GROUP MEMBERS: GUESS INC ET AL/CA/ GROUP MEMBERS: JOSEPH H. SUGERMAN GROUP MEMBERS: MARC E. PETAS GROUP MEMBERS: MAURICE MARCIANO GROUP MEMBERS: PAUL MARCIANO SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GUESS INC ET AL/CA/ CENTRAL INDEX KEY: 0000912463 STANDARD INDUSTRIAL CLASSIFICATION: WOMEN'S, MISSES', CHILDREN'S & INFANTS' UNDERGARMENTS [2340] IRS NUMBER: 953679695 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-50255 FILM NUMBER: 540730 BUSINESS ADDRESS: STREET 1: 1444 SOUTH ALAMEDA ST CITY: LOS ANGELES STATE: CA ZIP: 90021 BUSINESS PHONE: 2137653100 MAIL ADDRESS: STREET 1: 1444 SOUTH ALAMEDA STREET STREET 2: 1444 SOUTH ALAMEDA STREET CITY: LOS ANGELES STATE: CA ZIP: 90021 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GUESS INC ET AL/CA/ CENTRAL INDEX KEY: 0000912463 STANDARD INDUSTRIAL CLASSIFICATION: WOMEN'S, MISSES', CHILDREN'S & INFANTS' UNDERGARMENTS [2340] IRS NUMBER: 953679695 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1444 SOUTH ALAMEDA ST CITY: LOS ANGELES STATE: CA ZIP: 90021 BUSINESS PHONE: 2137653100 MAIL ADDRESS: STREET 1: 1444 SOUTH ALAMEDA STREET STREET 2: 1444 SOUTH ALAMEDA STREET CITY: LOS ANGELES STATE: CA ZIP: 90021 SC 13G/A 1 SCHEDULE 13G AMENDMENT NO. 3 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 --------------- SCHEDULE 13G (RULE 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13D-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b) (AMENDMENT NO. 3) GUESS ?, INC. --------------------------------------------- (NAME OF ISSUER) COMMON STOCK --------------------------------------------- (TITLE OF CLASS OF SECURITIES) 401617 10 5 --------------------------------------------- (CUSIP Number) --------------- CUSIP NO. 401617 10 5 SCHEDULE 13G - ---------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Maurice Marciano - ---------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| Group membership is acknowledged for purposes of (b) |X| making a group filing pursuant to Rule 13d-1(k)(1) only - ---------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Republic of France - ---------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 15,410,078 SHARES ------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 928,684 EACH ------------------------------------------ REPORTING 7 SOLE DISPOSITIVE POWER PERSON 15,410,078 WITH ------------------------------------------ 8 SHARED DISPOSITIVE POWER 928,684 - ---------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 16,338,762 - ---------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |X| - ---------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 37.9% - ---------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------------------------------------------------------------------------- CUSIP NO. 401617 10 5 SCHEDULE 13G - ---------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Paul Marciano - ---------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| Group membership is acknowledged for purposes of (b) |X| making a group filing pursuant to Rule 13d-1(k)(1) only - ---------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Republic of France - ---------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 12,164,169 SHARES ------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 813,351 EACH ------------------------------------------ REPORTING 7 SOLE DISPOSITIVE POWER PERSON 12,164,169 WITH ------------------------------------------ 8 SHARED DISPOSITIVE POWER 813,351 - ---------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 12,977,520 - ---------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |X| - ---------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 30.1% - ---------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------------------------------------------------------------------------- CUSIP NO. 401617 10 5 SCHEDULE 13G - ---------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Armand Marciano - ---------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| Group membership is acknowledged for purposes of (b) |X| making a group filing pursuant to Rule 13d-1(k)(1) only - ---------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Republic of France - ---------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 6,230,537 SHARES ------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER OWNED BY -0- EACH ------------------------------------------ REPORTING 7 SOLE DISPOSITIVE POWER PERSON 6,230,537 WITH ------------------------------------------ 8 SHARED DISPOSITIVE POWER -0- - ---------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,230,537 - ---------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |X| - ---------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 14.5% - ---------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------------------------------------------------------------------------- CUSIP NO. 401617 10 5 SCHEDULE 13G - ---------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Gary W. Hampar - ---------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| Group membership is acknowledged for purposes of (b) |X| making a group filing pursuant to Rule 13d-1(k)(1) only - ---------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ---------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES ------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 813,351 EACH ------------------------------------------ REPORTING 7 SOLE DISPOSITIVE POWER PERSON -0- WITH ------------------------------------------ 8 SHARED DISPOSITIVE POWER 813,351 - ---------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 813,351 - ---------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |X| - ---------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.9% - ---------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------------------------------------------------------------------------- CUSIP NO. 401617 10 5 SCHEDULE 13G - ---------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Joseph H. Sugerman - ---------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| Group membership is acknowledged for purposes of (b) |X| making a group filing pursuant to Rule 13d-1(k)(1) only - ---------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ---------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES ------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 586,129 EACH ------------------------------------------ REPORTING 7 SOLE DISPOSITIVE POWER PERSON -0- WITH ------------------------------------------ 8 SHARED DISPOSITIVE POWER 586,129 - ---------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 586,129 - ---------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |X| - ---------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.4% - ---------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------------------------------------------------------------------------- CUSIP NO. 401617 10 5 SCHEDULE 13G - ---------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Marc E. Petas - ---------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| Group membership is acknowledged for purposes of (b) |X| making a group filing pursuant to Rule 13d-1(k)(1) only - ---------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ---------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES ------------------------------------------ BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 343,555 EACH ------------------------------------------ REPORTING 7 SOLE DISPOSITIVE POWER PERSON -0- WITH ------------------------------------------ 8 SHARED DISPOSITIVE POWER 343,555 - ---------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 343,555 - ---------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |X| - ---------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.8% - ---------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------------------------------------------------------------------------- SCHEDULE 13G This Amendment No. 3 (the "Amendment No. 3") amends and supplements the Statement on Schedule 13G, dated February 14, 1997, as amended by Amendment No. 1, dated February 17, 1998, and Amendment No. 2, dated February 12, 1999 (the "Schedule 13G"), relating to shares of the common stock, $.01 par value per share (the "Shares"), of Guess ?, Inc., a Delaware corporation (the "Issuer"). Pursuant to Rule 13d-2 of Regulation 13D-G promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the undersigned hereby file this Amendment No. 3 on behalf of Maurice Marciano, Paul Marciano, Armand Marciano, Gary W. Hampar, Joseph H. Sugerman and Marc E. Petas. Unless otherwise indicated, each capitalized term used but not otherwise defined herein shall have the meaning assigned to such term in the Schedule 13G. ITEM 4. OWNERSHIP. Item 4 is hereby amended and supplemented as follows: (a) Maurice Marciano beneficially owns 16,338,762 shares of Common Stock as follows: 15,290,078 shares held indirectly as sole trustee of the Maurice Marciano Trust; 30,000 shares held indirectly as sole advisor of the Maurice Marciano 1990 Children's Trust; 586,129 shares held indirectly as co-trustee of the Paul Marciano 1996 Grantor Retained Annuity Trust; 342,555 shares held indirectly as co-trustee of the Armand Marciano 1996 Grantor Retained Annuity Trust; and 90,000 shares held indirectly as president of the Maurice Marciano Family Foundation. Paul Marciano beneficially owns 12,977,520 shares of Common Stock as follows: 12,164,169 shares held indirectly as sole trustee of the Paul Marciano Trust; and 813,351 shares held indirectly as co-trustee of the Maurice Marciano 1996 Grantor Retained Annuity Trust. Armand Marciano beneficially owns 6,230,537 shares of Common Stock as follows: 6,225,537 shares held indirectly as sole trustee of the Armand Marciano Trust; 1,000 shares held indirectly as sole trustee of the Armand Marciano Gift Trust-Anastasia; 1,000 shares held indirectly as sole trustee of the Armand Marciano Gift Trust-Francisca; 1,000 shares held indirectly as sole trustee of the Armand Marciano Gift Trust-Harrison; 1,000 shares held indirectly as sole trustee of the Armand Marciano Gift Trust-Dominique; and 1,000 shares held indirectly as sole trustee of the Armand Marciano Gift Trust-Julien. Gary W. Hampar beneficially owns 813,351 shares of Common Stock held indirectly as co-trustee of the Maurice Marciano 1996 Grantor Retained Annuity Trust. Joseph H. Sugerman beneficially owns 586,129 shares of Common Stock as follows: 586,129 shares held indirectly as co-trustee of the Paul Marciano 1996 Grantor Retained Annuity Trust. Marc E. Petas beneficially owns 343,555 shares of Common Stock as follows: 342,555 shares held indirectly as co-trustee of the Armand Marciano 1996 Grantor Retained Annuity Trust; and 1,000 shares held indirectly as co-trustee of the Petas Family Trust. (b) The 16,338,762 shares beneficially owned by Maurice Marciano represent 37.9% of the outstanding shares of the Common Stock. The 12,977,520 shares beneficially owned by Paul Marciano represent 30.1% of the outstanding shares of the Common Stock. The 6,230,537 shares beneficially owned by Armand Marciano represent 14.5% of the outstanding shares of the Common Stock. The 813,351 shares beneficially owned by Gary W. Hampar represent 1.9% of the outstanding shares of the Common Stock. The 586,129 shares beneficially owned by Joseph H. Sugerman represent 1.4% of the outstanding shares of the Common Stock. The 343,555 shares beneficially owned by Marc E. Petas represent 0.8% of the outstanding shares of the Common Stock. Percentage ownership of the Common Stock is based on the number of outstanding shares of Common Stock as reported in the Issuer's Form 10-Q for the quarter ended September 25, 1999. (c) Maurice Marciano has (i) sole voting power with respect to 30,000 shares held indirectly as sole advisor of the Maurice Marciano 1990 Children's Trust, 15,290,078 shares held indirectly as sole trustee of the Maurice Marciano Trust and 90,000 shares held indirectly as president of the Maurice Marciano Family Foundation, except for the restrictions on voting described in Item 8 of Schedule 13G; (ii) shared voting power with respect to 586,129 shares held indirectly as co-trustee of the Paul Marciano 1996 Grantor Retained Annuity Trust and 342,555 shares held indirectly as co-trustee of the Armand Marciano 1996 Grantor Retained Annuity Trust; (iii) sole dispositive power with respect to 30,000 shares held indirectly as sole advisor of the Maurice Marciano 1990 Children's Trust, 15,290,078 shares held indirectly as sole trustee of the Maurice Marciano Trust and 90,000 shares held indirectly as president of the Maurice Marciano Family Foundation, except for the rights of first refusal described in Item 8 of Schedule 13G; and (iv) shared dispositive power with respect to 586,129 shares held indirectly as co-trustee of the Paul Marciano 1996 Grantor Retained Annuity Trust and 342,555 shares held indirectly as co- trustee of the Armand Marciano 1996 Grantor Retained Annuity Trust. Paul Marciano has (i) sole voting power with respect to 12,164,169 shares held indirectly as sole trustee of the Paul Marciano Trust, except for the restrictions on voting described in Item 8 of Schedule 13G; (ii) shares voting power with respect to 813,351 shares held indirectly as co-trustee of the Maurice Marciano 1996 Grantor Retained Annuity Trust; (iii) sole dispositive power with respect to 12,164,169 shares held indirectly as sole trustee of the Paul Marciano Trust, except for the rights of first refusal described in Item 8 of Schedule 13G; and (iv) shared dispositive power with respect to 813,351 shares held indirectly as co-trustee of the Maurice Marciano 1996 Grantor Retained Annuity Trust. Armand Marciano has (i) sole voting power with respect to 6,225,537 shares held indirectly as sole trustee of the Armand Marciano Trust, 1,000 shares held indirectly as sole trustee of the Armand Marciano Gift Trust-Anastasia, 1,000 shares held indirectly as sole trustee of the Armand Marciano Gift Trust-Francisca, 1,000 shares held indirectly as sole trustee of the Armand Marciano Gift Trust-Harrison, 1,000 shares held indirectly as sole trustee of the Armand Marciano Gift Trust-Dominique, and 1,000 shares held indirectly as sole trustee of the Armand Marciano Gift Trust-Julien, except for the restrictions on voting described in Item 8 of Schedule 13G; (ii) no shared voting power with respect to any shares; (iii) sole dispositive power with respect to 6,225,537 shares held indirectly as sole trustee of the Armand Marciano Trust, 1,000 shares held indirectly as sole trustee of the Armand Marciano Gift Trust-Anastasia, 1,000 shares held indirectly as sole trustee of the Armand Marciano Gift Trust-Francisca, 1,000 shares held indirectly as sole trustee of the Armand Marciano Gift Trust-Harrison, 1,000 shares held indirectly as sole trustee of the Armand Marciano Gift Trust-Dominique, and 1,000 shares held indirectly as sole trustee of the Armand Marciano Gift Trust-Julien, except for the rights of first refusal described in Item 8 of Schedule 13G; and (iv) no shared dispositive power with respect to any shares. Gary W. Hampar has (i) no sole voting power with respect to any shares; (ii) shared voting power with respect to 813,351 shares held indirectly as co-trustee of the Maurice Marciano 1996 Grantor Retained Annuity Trust; (iii) no sole dispositive power with respect to any shares; and (iv) shared dispositive power with respect to 813,351 shares held indirectly as co-trustee of the Maurice Marciano 1996 Grantor Retained Annuity Trust. Joseph H. Sugerman has (i) no sole voting power with respect to any shares; (ii) shared voting power with respect to 586,129 shares held indirectly as co-trustee of the Paul Marciano 1996 Grantor Retained Annuity Trust; (iii) no sole dispositive power with respect to any shares; and (iv) shared dispositive power with respect to 586,129 shares held indirectly as co-trustee of the Paul Marciano 1996 Grantor Retained Annuity Trust. Marc E. Petas has (i) no sole voting power with respect to any shares; (ii) shared voting power with respect to 342,555 shares held indirectly as co-trustee of the Armand Marciano 1996 Grantor Retained Annuity Trust and 1,000 shares held indirectly as co-trustee of the Petas Family Trust; (ii) no sole dispositive power with respect to any shares; and (iv) shared dispositive power with respect to 342,555 shares held indirectly as co-trustee of the Armand Marciano 1996 Grantor Retained Annuity Trust and 1,000 shares held indirectly as co-trustee of the Petas Family Trust. SIGNATURE After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. February 10, 2000 Maurice Marciano By: /s/ Maurice Marciano ------------------------------ Maurice Marciano SIGNATURE After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. February 10, 2000 Paul Marciano By: /s/ Paul Marciano ------------------------------ Paul Marciano SIGNATURE After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. February 8, 2000 Armand Marciano By: /s/ Armand Marciano ------------------------------ Armand Marciano SIGNATURE After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. February 8, 2000 Gary W. Hampar By: /s/ Gary W. Hampar ------------------------------ Gary W. Hamper SIGNATURE After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. February 8, 2000 Joseph H. Sugerman By: /s/ Joseph H. Sugerman ------------------------------ Joseph H. Sugerman SIGNATURE After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. February 8, 2000 Marc E. Petas By: /s/ Marc E. Petas ------------------------------ Marc E. Petas EXHIBIT INDEX Exhibit Number Title Page ------ ----- ---- 1 Joint Filing Agreement among the 19 Reporting Persons pursuant to Rule 13d-1(k)(1). EXHIBIT 1 JOINT FILING AGREEMENT The undersigned hereby agree that the Statement on Schedule 13G, dated February 14, 1997 (the "Schedule 13G"), with respect to the common stock, par value $.01 per shares, of Guess ?, Inc., is, and any amendments thereto executed by each of us shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(f) under the Securities and Exchange Act of 1934, as amended, and that this Agreement shall be included as an Exhibit to the Schedule 13G and each such amendment. Each of the undersigned agrees to be responsible for the timely filing of the Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning itself contained therein. This Agreement may be executed in any number of counterparts, all of which taken together shall constitutes one and the same instrument. IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the 14th day of February, 1997. /s/ Maurice Marciano --------------------------------- Maurice Marciano /s/ Paul Marciano --------------------------------- Paul Marciano /s/ Armand Marciano --------------------------------- Armand Marciano /s/ Gary W. Hampar --------------------------------- Gary W. Hampar /s/ Joseph H. Sugerman --------------------------------- Joseph H. Sugerman /s/ Marc E. Petas --------------------------------- Marc E. Petas -----END PRIVACY-ENHANCED MESSAGE-----