Borrowers have undertaken a corporate reorganization effective as of January 1, 2016 pursuant to which (a) Rocky Brands Wholesale LLC changed its name to Rocky Brands US, LLC, (b) Creative Recreation, LLC and Creative Recreation Retail, LLC merged into Rocky US, and (c) Creative Recreation International, LLC merged into Rocky International. Notwithstanding the requirements of Section 7.15(b) of the Loan Agreement, Agent and Lenders hereby consent to such name change, and the schedules to the Loan Agreement shall be amended to reflect such changes. This consent shall not affect any other Default or Event of Default of the same or different nature arising at any time. This consent will not constitute a modification or an alteration of the terms, conditions or covenants of the Loan Agreement or the Other Documents, except as expressly described above. This consent will not relieve or release any Borrower or Guarantor in any way from its respective duties, obligations, covenants or agreements under the Loan Agreement or the Other Documents or from the consequences of any Default or Event of Default thereunder, except as expressly described above. This consent will not obligate Agent or Lenders, or be construed to require Agent or Lenders, to consent to any other departure from the requirements of the Loan Agreement. No course of dealing is established hereby.