[COMPANY LOGO]

  September 15, 2003

Weichert Enterprise LLC
1625 State Route 10
Morris Plains, New Jersey 07950
Attn: Gerald C. Crotty, President

DL Holdings I, LLC
c/o Reservoir Capital
650 Madison Avenue
New York, New York 10022
Attn: Marc A. Schwartz, Vice President

Re: Eos International, Inc./Weichert Enterprise LLC/
DL Holdings I, LLC

        Reference is made to the Agreement by and among Eos International, Inc.
(“Eos”), Weichert Enterprise LLC (“Weichert”), and DL Holdings I, LLC (“DL
Holdings,” and together with Weichert, the “Former Bridge Lenders”), dated as of
January 14, 2003 (the “Agreement”), pursuant to which (i) the Former Bridge
Lenders exchanged certain Eos notes payable and warrants to purchase shares of
Eos common stock held by the Former Bridge Lenders for cash, shares of Eos
Series D Preferred Stock (“Series D Preferred Stock”), and new warrants to
purchase shares of Eos common stock, and (ii) Eos segregated $1.2 million (the
“Redemption Account Funds”) into an account selected with the approval of the
Former Bridge Lenders, to be used solely for purposes specified in the Agreement
as “Qualified Expenses” (“Qualified Expenses”).

        Section 3 of the Agreement provides that the Redemption Account Funds
may only be used for paying Qualified Expenses or redeeming outstanding shares
of Series D Preferred Stock, and that Qualified Expenses include, in addition to
the other uses specified in Section 3, any expenditures upon which the parties
mutually agree.

        Eos and each of the Former Bridge Lenders hereby agree that the
expenditures set forth on Schedule A attached hereto (“Schedule A”) constitute
Qualified Expenses and that Eos may use $225,000.00 of the Redemption Account
Funds for the expenditures set forth on Schedule A.

        By countersigning this agreement where indicated below and returning it
to Eos, each of the Former Bridge Lenders agrees to, and accepts, the terms of
this agreement.

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        Please indicate your confirmation of the foregoing by signing where
indicated below and promptly returning this letter to Eos.

  Sincerely,

EOS INTERNATIONAL, INC.

By:  PETER A. LUND
——————————————
Name:        Peter A. Lund
Title:         Chairman

AGREED UPON AND ACCEPTED BY:

WEICHERT ENTERPRISE LLC

By:  GERALD C. CROTTY
——————————————
Name:        Gerald C. Crotty
Title:         President

DL HOLDINGS I, LLC

By:  MARC A. SCHWARTZ
——————————————
Name:       Marc A. Schwartz
Title:         Authorized Signatory

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Schedule A

2003 Update (8/31/03)

Use of Proceeds Through October 31, 2003 (Eos Only)
(Thousands of Dollars)

8/14/03 8/14 to
8/31/03
Activity Carryover
August September October Total
Carryover Aug.-
Oct. 2003

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Remaining Operating Funds                                       Eos Chase
Operating     62     -2     60                       USB Paine Webber      27  
  0     27              

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          Total Operating Accounts     89     -2     87               Redemption
Account       988     -32     956              

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        Total Accounts       1,077     -34     1,043                    
Operating Expenses Payment Schedule          From Operating Accounts    
        Beginning Balance            89     87     73     44           New York
Staff Incl. Fringe           6     0     12     12   24         New York Office
Rent           20     0     10     10   20         Other (Cobra Reimburse.)    
      -2     0     -1     -1   -2         Travel                 0     2     5  
7         Regal Mgmt. Fee                             -88   -88         Other  
        4     14 **   6     7   27         Transfer from Restricted Account    
      -33                     0         Other Transfer to Payroll Account      
    7                     0  

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        Total Net Payments           2     14     29     -55   -12  

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        Ending Balance           87     73     44     99      

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  From Redemption Account             Beginning Balance            988     956  
  843     726             Accounting Staff Incl. Fringe           19     0    
19     19   38         CEO                             27 * 27         CFO      
                      19 * 19         Recruiting Fees                          
      0          Interest Income             -1                     0
        Investment Banking Expenses           14     0               0  

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               Total Approved             32     0     19     65   84  
        Legal Fees (Pitney)               81     73     38   192           Legal
Fees (Other)                             7   7         Accounting Fees (BDO)    
            32     20         52           Accounting Fees (Other)              
    5       5           Printing (Reg. Stmt.)                       20   20    

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               Total Other           0     113     98     65   276    

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        Total Net Payments           32     113     117     130   360    

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        Ending Balance           956     843     726     596        

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  Total Payments All Accounts             34     127     146     75   348    

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Ending Balance All Accounts           1,043     916     770     695        

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*  Not Committed at This Time

**  Greenbridge Payable