Item 1.01 - Entry into a Material Definitive Agreement.

On January 16, 2020, Centric Brands Inc., a Delaware corporation (the "Company"), entered into an amendment to its employment agreement with Jason Rabin, the Company's Chief Executive Officer, effective as of October 29, 2018 (the "Rabin Agreement" and "Rabin Amendment," respectively) to modify the timing of certain bonus payments related to the Company's 2019 performance. In connection with such modification, the Company has agreed to pay Mr. Rabin 75% of his Target EBITDA Bonus (as defined in the Rabin Agreement), in the amount of $1,434,375 as of the effective date of the Rabin Amendment, subject to certain repayment provisions.

The foregoing description is only a summary of the material provisions of the Rabin Agreement and Rabin Amendment and is qualified in its entirety by reference to copies of the Rabin Agreement and Rabin Amendment, which are filed as Exhibit 10.1 and 10.2 to this Current Report on Form 8­K and are incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits



(d) Exhibits.



Exhibit
Number                                  Description
10.1**      Employment Agreement dated as of October 29, 2018 by and between
          Centric Brands Inc. (formerly, Differential Brands Group Inc.) and Jason
          Rabin (incorporated by reference to Exhibit 10.17 to Current Report on
          Form 8-K filed on November 2, 2018)

10.2**      Amendment to Employment Agreement dated as of January 16, 2020 by and
          between Centric Brands Inc. and Jason Rabin (filed herewith)

**Management contracts and compensatory arrangement required to be filed as an exhibit pursuant to Item 15(b) of Form 10-K.

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