EXHIBIT 10.46
THE KENT MANUFACTURING COMPANY
ORDER NO. 2906 P.O. BOX 67 -- PHONE 803-878-6367 SALESMAN 60-5895
------ FAX 803-878-2723 ---------
PICKENS, S.C. 29671
SOLD TO DATE September 1, 1997
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Novita Yarns Ltd. TERMS 1.5% 30, Net 60
Div. of St. John Knit CUSTOMER P.O.
17422 Derian Avenue CONTRACT NO. 2906
Irvine, CA 92713
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QUANTITY COUNT GRADE DESCRIPTION PRICE -------------------------------------
200,000 lbs. 1/21 - 100% 62 Australian Wool Natural yarn -------------------------------------
on cones $5.73/lb. -------------------------------------
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FOB Pickens, SC -------------------------------------
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Ship to: above -------------------------------------
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Delivery: 16,000 lbs./month -------------------------------------
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SHIPPING INSTRUCTIONS -------------------------------------
The terms of this contract shall be at terms noted above from date of -------------------------------------
invoice. No redating. -------------------------------------
On specifications for slub or package dyed yarns of less than 1,000 lbs. -------------------------------------
to a color the seller shall charge small lot premium. -------------------------------------
This order will become a contract only when confirmed in writing by the -------------------------------------
seller and buyer or, in any event, when buyer accepts whole or partial -------------------------------------
delivery. The contract shall be deemed dated as of the date of such -------------------------------------
confirmation or acceptance. -------------------------------------
The undersigned buyer hereby orders the above goods upon the terms as -------------------------------------
stated, including the term and conditions printed on the back of this -------------------------------------
contract and forming a part hereof. -------------------------------------
Please sign in duplicate and return both copies to The Kent Manufacturing -------------------------------------
Company. -------------------------------------
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Accepted by purchaser: Acknowledged by seller: -------------------------------------
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- -------------------------------- THE KENT MANUFACTURING COMPANY -------------------------------------
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PER /s/ BOB GRAY PER /s/ JAN HENDRICKS -------------------------------------
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BOB GRAY JAN HENDRICKS