EXECUTION VERSION

SECOND AMENDMENT
SECOND AMENDMENT, dated as of September 29, 2014 (this “Amendment”), to the
Credit Agreement, dated as of April 2, 2013 (as amended or modified from time to
time, the “Credit Agreement”), among COTY INC. (the “Borrower”), the lenders and
agents party thereto and JPMORGAN CHASE BANK, N.A., as administrative agent (the
“Administrative Agent”).
W I T N E S S E T H:
WHEREAS, the Borrower has requested that the Lenders agree to amend the Credit
Agreement as set forth herein, and the Lenders are willing to agree to such
amendments;
NOW, THEREFORE, in consideration of the mutual agreements herein contained and
other good and valuable consideration, the sufficiency and receipt of which are
hereby acknowledged, the parties hereto hereby agree as follows:
SECTION 1.Defined Terms. Unless otherwise defined herein, any capitalized term
defined in the Credit Agreement and used herein shall have the meaning given to
such term in the Credit Agreement.
SECTION 2.    Amendments to Credit Agreement.
(a)    Amendment of Section 1.1. The following defined terms shall be inserted
in Section 1.1 of the Credit Agreement in the appropriate alphabetical order:
“Anti-Corruption Laws” means the United States Foreign Corrupt Practices Act of
1977, the United Kingdom Bribery Act 2010 and any other applicable US federal or
state laws or United Kingdom laws concerning or related to bribery or
corruption.

“China Optimization Program” means the China optimization program publicly
disclosed in the Borrower’s Annual Report on Form 10-K for the fiscal year ended
June 30, 2014.
“Organizational Redesign” means the program associated with the Borrower’s new
organizational structure publicly disclosed in the Borrower’s Annual Report on
Form 10-K for the fiscal year ended June 30, 2014.
“Sanctions” means economic or financial sanctions or trade embargoes imposed,
administered or enforced from time to time by (a) the U.S. government, including
those administered by OFAC or the U.S. Department of State, or (b) the United
Nations Security Council, the European Union or Her Majesty’s Treasury of the
United Kingdom.
“Sanctioned Country” means, at any time, a country or territory which is itself
the subject or target of any Sanctions (at the time of this Agreement,
including, but not limited to, Cuba, Iran, North Korea, Sudan and Syria).
“Sanctioned Person” means, at any time, (a) any Person listed in any
Sanctions-related list of designated Persons maintained by OFAC, the U.S.
Department of State, or by the United Nations Security Council, the European
Union or any EU member state,

[Coty Inc. - Second Amendment to Credit Agreement]

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(b) any Person operating, organized or resident in a Sanctioned Country or (c)
any Person majority (fifty percent or more) owned or controlled by any such
Person or Persons.
(i)    The definition of “Affiliate Subordinated Indebtedness” is hereby amended
by replacing “Parent” with “Borrower”.
(ii)    The definition of “Applicable Rate” is hereby amended by (x) replacing
clauses (a)-(d) therein with the following:
(a) in the case of Term Loans (except Incremental Term Loans), a per annum rate
determined pursuant to the pricing grid set forth below:
Consolidated Leverage Ratio
ABR Spread
Eurocurrency Spread
Greater than or equal to 4.00 to 1.0
0.750%
1.750%
Greater than or equal to
2.75 to 1.0 and less than 4.00 to 1.0
0.500%
1.500%
Greater than or equal to 2.0 to 1.0 and less than 2.75 to 1.0
0.375%
1.375%
Greater than or equal to 1.5 to 1.0 and less than 2.0 to 1.0
0.125%
1.125%
Less than 1.5 to 1.0
0.000%
1.000%

(b)    in the case of the Revolving Facility, a per annum rate determined
pursuant to the pricing grid set forth below:
Consolidated Leverage Ratio
ABR Spread
Eurocurrency Spread

Facility Fee Rate
Greater than or equal to 4.0 to
1.0
0.500%
1.500%

0.250%

Greater than or equal to
2.75 to 1.0 and less than 4.0 to 1.0
0.275
%
1.275
%
0.225
%
Greater than or equal to 2.0 to 1.0 and less than 2.75 to 1.0
0.175
%
1.175
%
0.200
%
Greater than or equal to 1.5 to 1.0 and less than 2.0 to 1.0
0.000
%
0.950
%
0.175
%
Less than 1.5 to 1.0
0.000
%
0.850
%
0.150
%

(c)    in the case of Incremental Term Loans and Refinancing Term Loans, such
per annum rates as shall be agreed to by the Borrower and the applicable
Incremental Term Lenders or Refinancing Term Loans Lenders; and

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(d)    in the case of 2014 Incremental Term Loans, a per annum rate determined
pursuant to the pricing grid set forth below:
Consolidated Leverage Ratio
ABR Spread
Eurocurrency Spread
Greater than or equal to 4.0 to 1.0
0.750%
1.750%
Greater than or equal to 2.75 to less than 4.0 to 1.0
0.500
%
1.500
%
Greater than or equal to 2.0 to 1.0 and less than 2.75 to 1.0
0.375
%
1.375
%
Greater than or equal to 1.5 to 1.0 and less than 2.0 to 1.0
0.125
%
1.125
%
Less than 1.5 to 1.0
0.000
%
1.000
%

and (y) replacing the phrase “2.75 to 1.0” in the last paragraph with the phrase
“4.0 to 1.0”.

(iii)    The definition of “Change in Control” is hereby deleted in its entirety
and the following shall be included in lieu thereof:
“Change in Control” means (i)(A) any person or group (within the meaning of
Sections 13(d) and 14(d) under the Exchange Act), other than the Owner Group,
acquires the power, directly or indirectly, to vote or direct the voting of
securities having more than 30% of the ordinary voting power for the election of
directors of the Borrower (determined on a fully diluted basis) and (B) the
Owner Group shall cease to be the ultimate “beneficial owner” (as defined in
Rules 13d-3 and 13d5 under the Exchange Act), directly or indirectly, of a
greater percentage of the securities having the ordinary voting power for the
election of directors of the Borrower (determined on a fully diluted basis) than
such other person or group (within the meaning of Sections 13(d) and 14(d) under
the Exchange Act) or (ii) the board of directors of the Borrower shall cease to
consist of a majority of Continuing Directors.

(iv)    The definition of “Consolidated EBITDA” is hereby amended by:
(A)    adding the following after “interest expense” in clause (b): “(including,
for the avoidance of doubt, any costs associated with the prepayment of the
Existing Notes)” and
(B)    deleting the word “and” from the end of clause (h) and adding the
following at the end of clause (i):
(j)    charges, fees and expenses in connection with the Organizational Redesign
through the last day of the Borrower’s fiscal year ending June 30, 2016;
provided the aggregate amount of such charges, fees and expenses shall not
exceed $15,000,000 for the fiscal year ending June 30, 2014, $100,000,000 for
the fiscal year ending June 30, 2015 and $50,000,000 for the fiscal year ending
June 30, 2016 (provided, that if the aggregate amount of such charges, fees and
expenses for any of the foregoing fiscal years is less than the limit specified
for such fiscal year in this clause (j), such excess amount may be carried
forward and

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increase the limit specified in this clause (j) for the subsequent fiscal year,
but in no event beyond fiscal year 2016); and
(k)     charges, fees and expenses in connection with the China Optimization
Program through the last day of the Borrower’s fiscal year ending June 30, 2015;
provided the aggregate amount of such charges, fees and expenses shall not
exceed $36,000,000 for the fiscal year ending June 30, 2014, and $14,000,000 for
the fiscal year ending June 30, 2015 (provided, that if the aggregate amount of
such charges, fees and expenses for any of the foregoing fiscal years is less
than the limit specified for such fiscal year in this clause (k), such excess
amount may be carried forward and increase the limit specified in this clause
(k) for the subsequent fiscal year, but in no event beyond fiscal year 2015);
For the avoidance of doubt, the amendment to the definition of “Consolidated
EBITDA” set forth in this clause (v) shall not be effective with respect to
calculation of the Applicable Rate.
(v)    The definition of “Consolidated Interest Expense” is hereby amended by
adding the following at the end of the definition:
; provided, that, for the avoidance of doubt, Consolidated Interest Expense
shall not include any costs associated with the prepayment of the Existing
Notes.

(vi)    The definition of “Eurocurrency Rate” is hereby amended by adding the
following at the end of the definition:
; provided, that, if the Eurocurrency Rate shall be less than zero, such rate
shall be deemed to be zero for purposes of this Agreement.

(vii)    The definition of “Federal Funds Effective Rate” is hereby amended by
adding the following at the end of the definition:
; provided, that, if the Federal Funds Effective Rate shall be less than zero,
such rate shall be deemed to be zero for purposes of this Agreement.

(viii)    The definition of “Holdings” is hereby deleted in its entirety.
(ix)    The definition of “Immaterial Subsidiary” is hereby amended by adding
the following at the end of the definition:
, unless, in each case, such Domestic Subsidiary is a guarantor of the
obligations of the Borrower under the Borrower’s $600 million credit agreement
dated as of September 29, 2014.

(x)    The definition of “Net Proceeds” is hereby deleted in its entirety and
the following shall be included in lieu thereof:
“Net Proceeds” means, with respect to any event (a) the cash proceeds received
in respect of such event or the fair market value of any Capital Stock of the
Borrower issued as consideration for any acquisition permitted hereunder, net of
(b) all reasonable fees and

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out‑of‑pocket expenses paid by the Borrower and the Subsidiaries to third
parties (other than Affiliates) in connection with such event.
(xi)    The definition of “OFAC” is hereby deleted in its entirety and replaced
with the following:
“OFAC” means the Office of Foreign Assets Control, U.S. Department of Treasury.
(xii)    The definition of “OFAC Listed Person” is hereby deleted in its
entirety.
(xiii)    The definition of “Post-Acquisition Leverage Ratio” is hereby amended
by replacing “4.00” with “4.50”.
(b)    Amendment of Section 2.17. Section 2.17(f) is hereby amended by adding
the following sentence immediately preceding the final sentence of clause (f):
Notwithstanding anything to the contrary in this paragraph (f), in no event will
the indemnified party be required to pay any amount to an indemnifying party
pursuant to this paragraph (f) the payment of which would place the indemnified
party in a less favorable net after-Tax position than the indemnified party
would have been in if the Tax subject to indemnification and giving rise to such
refund had not been deducted, withheld or otherwise imposed and the
indemnification payments or additional amounts with respect to such Tax had
never been paid.

(c)    Amendment of Section 3.15.
(i)    The heading for Section 3.15 is hereby deleted in its entirety and
replaced with the following:
Use of Proceeds; Margin Regulations; Anti-Corruption Laws and Sanctions.
(ii)    Section 3.15(c) is hereby deleted in its entirety and replaced with the
following:
(c) The Borrower has implemented and maintains in effect compliance policies and
procedures applicable to the Borrower, its Subsidiaries and their respective
directors, officers, employees and agents (in the case of officers, employees,
directors and agents, applicable solely in their capacity as such for the
Borrower or its Subsidiaries) with respect to Anti-Corruption Laws and
Sanctions, in each case to the extent applicable to such entities or persons,
and the Borrower, its Subsidiaries and their respective officers and employees,
and to the knowledge of the Borrower, its directors and agents (in the case of
officers, employees, directors and agents, acting solely in their capacity as
such for the Borrower or its Subsidiaries), are in compliance with
Anti-Corruption Laws and Sanctions, in each case to the extent applicable to
such entities or persons, in all material respects. None of (a) the Borrower,
any Subsidiary or, to the knowledge of the Borrower or such Subsidiary, any of
their respective directors, officers or employees, or (b) to the knowledge of
the Borrower, any agent of the Borrower or any Subsidiary that will act in any
capacity in connection with or benefit from the credit facility established
hereby, is a Sanctioned Person.

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(d)    Amendment of Section 5.7. Section 5.7 is hereby amended by adding “(a)”
at the beginning of the section and adding the following as new Section 5.7(b):
(b) Maintain in effect and enforce compliance policies and procedures applicable
to the Borrower, its Subsidiaries and their respective directors, officers,
employees and agents (in the case of officers, employees, directors and agents,
applicable solely in their capacity as such for the Borrower or its
Subsidiaries) with respect to Anti-Corruption Laws and Sanctions, in each case
to the extent applicable to such entities or persons.

(e)    Amendment of Section 6.10. Section 6.10 is hereby added at the end of
Article VI:
SECTION 6.10 Use of Proceeds. The Borrower shall not use, and shall procure that
its Subsidiaries and its or their respective directors, officers, employees and
agents (in the case of officers, employees, directors and agents, applicable
solely in their capacity as such for the Borrower or their Subsidiaries) shall
not use, the proceeds of any Borrowing in any manner that would result in a
material violation of any applicable Anti-Corruption Laws or in violation of
applicable Sanctions by any party hereto.

(f)    Amendment of Section 9.1.
(i)    Section 9.1(a) is hereby deleted in its entirety and replaced with the
following:
(a) if to the Borrower, to Coty Inc., 350 Fifth Avenue, New York, NY 10118,
Attention of Jules Kaufman, General Counsel (Telecopy No. 212-479-4328);

(ii)    Section 9.1(b) is hereby deleted in its entirety and replaced with the
following:
(b) if to the Administrative Agent, to JPMorgan Chase Bank, N.A., 500 Stanton
Christiana Rd, 3/Ops2 Newark, DE 19713, Attention of Corethious P. Bryant Jr.
(Telecopy No. 302-634-8459), with a copy to JPMorgan Chase Bank, N.A., 383
Madison Ave., 24th Fl., New York, NY 10179, Attention of Tony Yung (Telecopy No.
212-270-6637); and

SECTION 3.    Effectiveness of Amendment . This Amendment shall not become
effective until the date (such date, the “Amendment Effective Date”) on which
each of the following conditions is satisfied (or waived in accordance with
Section 9.2 of the Credit Agreement):
The Administrative Agent shall have received the following:
(i)    counterparts to this Amendment signed on behalf of the Borrower and the
Required Lenders;
(ii)    the Borrower shall have paid in immediately available funds to the
Administrative Agent for the account of each Lender which executes and delivers
this Amendment on or prior to the Amendment Effective Date, a consent fee equal
to 0.10% multiplied by the sum of (i) the Revolving Commitment of such Lender in
effect on the Amendment Effective Date and (ii) the aggregate amount of the
outstanding Term Loans of such Lender on the Amendment Effective Date;

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(iii)    all other fees and all other amounts due and payable on or prior to the
Amendment Effective Date, including, to the extent invoiced at least one
Business Day prior to the Amendment Effective Date, reimbursement or payment of
all reasonable out‑of‑pocket expenses required to be reimbursed or paid by any
Loan Party hereunder or under any other Loan Document; and
(iv)    an Acknowledgement and Consent executed by each Loan Party substantially
in the form of Schedule A.
SECTION 4.    Representations and Warranties. The Borrower represents and
warrants to the Lenders that:
(a)    The representations and warranties of each Loan Party set forth in the
Loan Documents are true and correct in all material respects (other than
representations and warranties qualified by “materiality or “Material Adverse
Effect”, which are true and correct in all respects) on and as of the Amendment
Effective Date, except for representations and warranties expressly stated to
relate to a specific date.
(b)    No Default or Event of Default exists on the Amendment Effective Date.
(c)    (i)    The Borrower has heretofore furnished to the Lenders its
consolidated balance sheet and statements of income, stockholders equity and
cash flows as of and for the fiscal year ended June 30, 2014, audited and
reported on by Deloitte & Touche, independent public accountants. Such financial
statements present fairly, in all material respects, the financial position and
results of operations and cash flows of the Borrower and its consolidated
Subsidiaries as of such dates and for such periods in accordance with GAAP,
subject to year‑end audit adjustments and the absence of footnotes in the case
of quarterly financial statements.
(ii)    Except as disclosed in the financial statements referred to above or the
notes thereto and except for the Disclosed Matters, after giving effect to the
transactions contemplated hereby, none of the Borrower or its Subsidiaries has,
as of the Amendment Effective Date, any unusual material contingent liabilities
or unrealized losses.
(iii)    Since June 30, 2014, there has been no development or event which has
had or could reasonably be expected to have a Material Adverse Effect.
SECTION 5.    Effect on the Credit Agreement and the Loan Documents. (i) Except
as specifically amended above, the Credit Agreement shall continue to be in full
force and effect and is hereby in all respects ratified and confirmed.
(b)    The execution, delivery and effectiveness of this Amendment shall not
operate as a waiver of any right, power or remedy of any Lender or the
Administrative Agent under the Credit Agreement, nor constitute a waiver of any
provision of any of the Credit Agreement.
(c)    Upon and after the execution of this Amendment by each of the parties
hereto, each reference in the Credit Agreement to “this Agreement”, “hereunder”,
“hereof” or words of like import referring to the Credit Agreement, and each
reference in the other Loan Documents to “the Credit Agreement”, “thereunder”,
“thereof” or words of like import referring to the Credit Agreement, shall mean
and be a reference to the Credit Agreement as modified hereby.  This Amendment
shall constitute a Loan Document.

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SECTION 6.    Expenses; Indemnity; Damage Waiver. The Borrower acknowledges and
agrees that any action taken or not taken by the Administrative Agent
contemplated by this letter agreement shall benefit from and be subject to the
Borrower’s expense reimbursement and indemnification obligations under Section
9.4 of the Credit Agreement, mutatis mutandis.
SECTION 7.    Governing Law; Jurisdiction; Consent to Service of Process.
(a)    This Amendment shall be construed in accordance with and governed by the
law of the State of New York.
(b)    The provisions of Sections 9.10 and 9.11 of the Credit Agreement are
incorporated herein, mutatis mutandis.
SECTION 8.    Counterparts; Integration; Effectiveness. This Amendment may be
executed in counterparts (and by different parties hereto on different
counterparts), each of which shall constitute an original, but all of which when
taken together shall constitute a single contract. This Amendment and any
separate letter agreements with respect to fees payable to the Administrative
Agent constitute the entire contract among the parties relating to the subject
matter hereof and supersede any and all previous agreements and understandings,
oral or written, relating to the subject matter hereof. This Amendment shall be
binding upon and inure to the benefit of the parties hereto and their respective
successors and assigns. Delivery of an executed counterpart of a signature page
of this Amendment by email or telecopy shall be effective as delivery of a
manually executed counterpart of this Amendment.
[Remainder of page intentionally left blank.]

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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
executed by their respective authorized officers as of the day and year first
above written.
COTY INC.
                        
By:
/s/Patrice de Talhouët
 
Name:
Patrice de Talhouët
 
Title:
Chief Financial Officer

[Coty Inc. - Second Amendment to Credit Agreement]

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JPMORGAN CHASE BANK, N.A., as Administrative
Agent and as a Lender
 
 
 
By:
/s/Tony Yung
 
Name:
Tony Yung
 
Title:
Executive Director

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BANK OF AMERICA, N.A.,
 
 
 
 
By:
/s/J. Casey Cosgrove
 
Name:
J. Casey Csogrove
 
Title:
Director

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Bank of the West, New York Representative Office,
 
 
 
 
By:
/s/Francesco Ingargiola
 
Name:
Francesco Ingargiola
 
Title:
S.V.P.

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BARCLAYS BANK PLC
 
 
 
 
By:
/s/Ronnie Glenn
 
Name:
Ronnie Glenn
 
Title:
Vice President

--------------------------------------------------------------------------------

BNP PARIBAS,
 
 
 
 
By:
/s/Brendan Heneghan
 
Name:
Brendan Heneghan
 
Title:
Director

 
 
 
By:
/s/Nicole Rodriguez
 
Name:
Nicole Rodriguez
 
Title:
Vice President

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Compass Bank
 
 
 
 
By:
/s/Cameron D. Gateman
 
Name:
Cameron D. Gateman
 
Title:
SVP
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Crédit Agricole Corporate and
Investment Bank,
 
 
 
By:
/s/Elvis Gigurovic
 
Name:
Elvis Gigurovic
 
Title:
Director
 
 
Credit Agricole Corporate and Investment Bank
 
 
 
By:
/s/Gordon Yip
 
Name:
Gordon Yip
 
Title:
Director

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DZ Bank AG
Deutsche Zentral - Genossenschaftbank,
New York Branch
 
 
By:
/s/Oliver Hildenbrand
 
Name:
Oliver Hildenbrand
 
Title:
Director
 
 
 
 
 
 
By:
/s/Mark Markowski
 
Name:
Mark Markowski
 
Title:
Senior Vice President

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First Hawaiian Bank,
 
 
 
 
By:
/s/Jon T. Fukagawa
 
Name:
Jon T. Fukagawa
 
Title:
Vice President
 
 
 

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DEUTSCHE BANK AG NEW YORK
BRANCH, as a Leader
 
 
 
By:
/s/Ming K. Chu
 
Name:
Ming K. Chu
 
Title:
Vice President
 
 
 
 
 
 
By:
/s/Virginia Cosenza
 
Name:
Virginia Cosenza
 
Title:
Vice President

--------------------------------------------------------------------------------

Fifth Third Bank,
 
 
 
 
By:
/s/Robert Urban
 
Name:
Robert Urban
 
Title:
Managing Director
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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HSBC Bank USA, National Association,
 
 
 
 
By:
/s/Randolph E. Cates
 
Name:
Randolph E. Cates
 
Title:
Senior Vice President
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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ING BANK N.V.
 
 
 
 
By:
/s/Russell Boon
 
Name:
Russell Boon
 
Title:
Director
 
 
 
 
 
 
By:
/s/Boele Olthof
 
Name:
Boele Olthof
 
Title:
Managing Director

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LLOYDS BANK PLC
 
 
 
 
By:
/s/Stephen Giacolone
 
Name:
Stephen Giacolone
 
Title:
Assistant Vice President - G011
 
 
 
 
 
 
By:
/s/Dennis McClellan
 
Name:
Dennis McClellan
 
Title:
Assistant Vice President - M040

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Mega International Commercial Bank Co., Ltd.,
Chicago Branch.
 
 
 
By:
/s/Luke L. Hwang
 
Name:
Luke L. Hwang
 
Title:
VP and General Manager
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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MEGA INTERNATIONAL COMMERCIAL BANK CO., LTD.
NEW YORK BRANCH
 
 
 
 
By:
/s/Angela Chen
 
Name:
ANGELA CHEN
 
Title:
VP & DGM
 
 
 
 
 
 
 
 
 
 
 
 
 
 

--------------------------------------------------------------------------------

MIZUHO BANK, LTD.
 
 
 
 
By:
/s/David Lim
 
Name:
David Lim
 
Title:
Authorized Signatory
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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MORGAN STANLEY BANK, N.A.,
 
 
 
 
By:
/s/John Durland
 
Name:
John Durland
 
Title:
Authorized Signatory
 
 
 
 
 
 
 
 
 
 
 
 
 
 

--------------------------------------------------------------------------------

ROYAL BANK OF CANADA,
 
 
 
 
By:
/s/Julia Ivanova
 
Name:
Julia Ivanova
 
Title:
Authorized Signatory
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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SANTANDER BANK, N.A.
 
 
 
 
By:
/s/William Mang
 
Name:
William Mang
 
Title:
Managing Director
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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The Bank of Tokyo-Mitsubishi UFJ, Ltd.
 
 
 
 
By:
/s/Adrienne Young
 
Name:
Adrienne Young
 
Title:
Vice-President
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Société Générale,
 
 
 
 
By:
/s/Yao Wang
 
Name:
Yao Wang
 
Title:
Director
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Sumitomo Mitsui Banking Corp.
 
 
 
 
By:
/s/David W. Kee
 
David W. Kee
 
Managing Director
 
 
 
 
 
 
 
 
 
 
 
 
 
 

--------------------------------------------------------------------------------

TD BANK, N.A.,
 
 
 
 
By:
/s/Michele Dragonetti
 
Name:
Michele Dragonetti
 
Title:
Senior Vice President
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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The Royal Bank of Scotland plc
 
 
 
 
By:
/s/Tracy Rahn
 
Name:
Tracy Rahn
 
Title:
Director
 
 
 
 
 
 
 
 
 
 
 
 
 
 

--------------------------------------------------------------------------------

U.S. Bank National Association
 
 
 
 
By:
/s/Joyce P. Dorsett
 
Name:
Joyce P. Dorsett
 
Title:
Vice President
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Wells Fargo Bank, N.A.
 
 
 
 
By:
/s/William A. DeMilt, Jr
 
Name:
William A. DeMilt, Jr
 
Title:
Senior Vice President
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Schedule A
Form of Acknowledgement and Consent

ACKNOWLEDGEMENT AND CONSENT

Each of the parties hereto hereby acknowledges and consents to the Second
Amendment, dated as of September 29, 2014 (the “Amendment”; capitalized terms
used herein, but not defined, shall have the meanings set forth in the
Amendment), to the Credit Agreement, dated as of April 2, 2013, among COTY INC.
(the “Borrower”), the lenders and agents party thereto and JPMorgan Chase Bank,
N.A., as administrative agent, and agrees, with respect to each Loan Document to
which it is a party, all of its obligations, liabilities and indebtedness under
such Loan Document shall remain in full force and effect on a continuous basis,
unimpaired, uninterrupted and undischarged, after giving effect to the
Amendment.
[Remainder of page intentionally left blank.]

[Coty Inc. - Second Amendment to Credit Agreement]

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IN WITNESS WHEREOF, the parties hereto have caused this Acknowledgment and
Consent to be duly executed and delivered by their respective proper and duly
authorized officers as of the date first written above.
Coty Inc.
 
 
 
 
By:
/s/Patrice de Talhouët
 
Name:
Patrice de Talhouët

 
Title:
Chief Financial Officer
 
 
 
Coty US LLC.
 
 
By:
/s/Patrice de Talhouët
 
Name:
Patrice de Talhouët

 
Title:
Manager, Senior Vice President
 
 
 
Calvin Klein Cosmetic Corporation
 
 
 
By:
/s/Patrice de Talhouët
 
Name:
Patrice de Talhouët

 
Title:
Director
 
 
 
OPI Products, Inc.
 
 
 
By:
/s/Patrice de Talhouët
 
Name:
Patrice de Talhouët

 
Title:
Director
 
 
 
Philosophy Acquisition Company, Inc.
 
 
 
By:
/s/Patrice de Talhouët
 
Name:
Patrice de Talhouët

 
Title:
Director
 
 
 
Philosophy, Inc.
 
 
 
By:
/s/Patrice de Talhouët
 
Name:
Patrice de Talhouët

 
Title:
Director
 
 
 

[Coty Inc. - Acknowledgement and Consent]