Exhibit4.32

FOURTH AMENDMENT

FOURTH AMENDMENT, dated as ofFebruary 18, 2004 (this"Amendment"), to and under theSecond Amended and Restated Credit Agreement, dated as of November 30,2001 (as heretofore amended, supplemented or otherwise modified, the"Credit Agreement"), among RevlonConsumer Products Corporation, a Delaware corporation (the"Company"), the Local BorrowingSubsidiaries from time to time parties thereto (together with theCompany, the "Borrowers"), thefinancial institutions from time to time parties thereto (the"Lenders"), Citibank, N.A., asdocumentation agent, J.P. Morgan Securities Inc., as arranger, andJPMorgan Chase Bank, as administrative agent (in such capacity, the"Administrative Agent").

W IT N E S S E T H:

WHEREAS, pursuant to the Credit Agreement, theLenders have agreed to make, and have made, certain loans and otherextensions of credit to the Borrowers;

WHEREAS, the Lenders haveagreed to permit an incremental term loan to the Company in anaggregate principal amount equal to $64,400,000;

WHEREAS,Revlon, Inc. ("Revlon") has agreedto conduct an exchange of indebtedness of the Company for cash orcommon stock of Revlon (the "ProposedExchange");

WHEREAS, MacAndrews & ForbesHoldings Inc., a Delaware corporation("M&FH"), has extended financingto the Company in the form of a (i) $100,000,000 senior unsecuredmultiple-draw term loan (the "M&FH Multiple-DrawTerm Loan"), (ii) $65,000,000 supplemental line ofcredit (the "M&FH Supplemental Line ofCredit") and (iii) $125,000,000 senior unsecuredmultiple-draw term loan facility (the "New M&FHMultiple-Draw Term Loan");

WHEREAS, inconnection with the Proposed Exchange, the commitments under theM&FH Multiple-Draw Term Loan, the M&FH Supplemental Line ofCredit and the New M&FH Multiple-Draw Term Loan will be reduced totheir respective undrawn amounts; and

WHEREAS, the Lenders arewilling to agree to the requested amendments on the terms andconditions contained herein;

NOW THEREFORE, in consideration ofthe premises and mutual covenants contained herein, the parties heretohereby agree as follows:

Section 1.     DefinedTerms. Unless otherwise defined herein, capitalized terms usedherein which are defined in the Credit Agreement are used herein astherein defined. Unless otherwise identified herein, Section andsubsection references refer to Sections and subsections of the CreditAgreement.

Section 2.     Amendments to Subsection1.1 (Defined Terms). Subsection 1.1 of the Credit Agreement ishereby amended by:

(a)     deleting therefrom thedefined terms for "Aggregate Commitment","Exchange", "LeverageRatio", "Loan","M&FH Supplemental Line of CreditAgreement", "Syndicated Loan"and "Term Loan Note" in their entireties andsubstituting in lieu thereof the following new definitions:

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"AggregateCommitment" shall mean, at any date, the sum of (a)on the Closing Date, the Aggregate Term Loan Commitment then in effectand, at any time after the Closing Date, the aggregate principal amountof the Term Loans and the Term A Loans then outstanding and (b) theAggregate Multi-Currency Commitment then in effect (or, if no AggregateMulti-Currency Commitment is then in effect, the Aggregate OutstandingMulti-Currency Extensions of Credit then outstanding);

"Exchange"shall mean, collectively, (a) the exchange of no less than (i)$438,000,000 in aggregate outstanding principal amount of theCompany's 8 1/8% Senior Notes due 2006, 9% SeniorNotes due 2006 and 8 5/8% Senior Subordinated Notes due 2008,(ii) the aggregate outstanding principal amount under the M&FHMultiple-Draw Term Loan, New M&FH Multiple-Draw Term Loan andM&FH Supplemental Line of Credit Agreement on the Exchange Date(iii) $24,000,000 in aggregate outstanding principal amount undercertain non-interest bearing subordinated promissory notes payable tothe Company, for shares of Class A common stock of Revlon or cash and(b) the contribution by M&FH of up to $150,000,000 in cash toRevlon in exchange for shares of Class A common stock of Revlon (but inno case shall the aggregate of the amounts described in clauses (a) and(b) be less than $750,000,000), in each case on substantially the termscontained and substantially pursuant to the agreements described in theterm sheet attached as Exhibit I to the Fourth Amendment;

"LeverageRatio" shall mean, at any date, the amount equal tothe ratio of (a) the Aggregate Actual Outstanding Multi-CurrencyExtensions of Credit plus the outstanding Term Loans and Term A Loansof the Company and its Subsidiaries on a consolidated basis at suchdate to (b) EBITDA of the Company and its Subsidiaries for the periodof four consecutive fiscal quarters ended on the last day of the mostrecent fiscal quarter for which the Administrative Agent has receivedthe financial statements required to be delivered pursuant tosubsection 10.1(a) or (c), as the case may be, and the compliancecertificate required pursuant to subsection 10.2(b) with respect tosuch financial statements (such period of four fiscal quarters, the"calculation period"); provided, however,that, for purposes of the above calculation, the amount outstanding onaccount of Multi-Currency Loans shall be deemed to be the amount equalto the lesser of (x) the aggregate principal amount of Multi-CurrencyLoans outstanding on the last day of the calculation period and (y) theaverage daily principal amount of Multi-Currency Loans outstandingduring the calculation period;

"Loan" shallmean a Term Loan, a Term A Loan, a Revolving Credit Loan, a Swing LineLoan, a Local Loan or an Acceptance, as the context shall require;collectively, the "Loans";

"M&FH Supplemental Line ofCredit Agreement" shall mean the Senior UnsecuredSupplemental Line of Credit Agreement, dated as of February 5, 2003,between the Company and M&FH, as the same may be amended,supplemented or otherwise modified from time to time to the extentpermitted by subsection 11.9, including the required reduction in thecommitment thereunder on the Exchange Date so that the commitmentthereunder shall then equal the undrawn amount thereof at the ExchangeDate;

"SyndicatedLoan" shall mean a Term Loan, the Term A Loan, aRevolving Credit Loan or a Swing Line Loan, as the context shallrequire; collectively, the "SyndicatedLoans";

"Term LoanNote" shall mean a promissory note of the Company,substantially in the form of Exhibit A with appropriate insertions asto date and principal, payable to a Term Loan Lender or a Term A LoanLender, as the case may be;".

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(b)     adding the following newdefinitions in the appropriate alphabetical order:

"Exchange Date"shall mean the date of the consummation of the Exchange.

"Fidelity SupportAgreement" shall mean the Exchange Support LetterAgreement dated February 11, 2004 between Fidelity Management &Research Co. and Revlon, as amended, supplemented and otherwisemodified from time to time;

"FourthAmendment" shall mean the Fourth Amendment, dated asof February 18, 2004, to and under this Agreement;

"Fourth Amendment EffectiveDate" shall mean the Fourth Amendment Effective Dateas defined in the Fourth Amendment;

"Mafco SupportAgreement" shall have the meaning assigned to suchterm in the term sheet attached as Exhibit I to the FourthAmendment;

"New LenderSupplement" shall mean a supplement substantially inthe form of Exhibit X.

"Public RightsOfferings" shall mean , collectively, the"Public Rights Offering" and the"Rights Offering", as each such term isdefined in the term sheet attached as Exhibit I to the FourthAmendment;

"Term ALoan" shall have the meaning assigned to such term insubsection 2A.1;

"Term A LoanActivation Notice" shall mean a notice substantiallyin the form of Exhibit W.

"Term A Loan BorrowingDate" shall have the meaning assigned to such term insubsection  2A.1;

"TermA Loan Commitment" of any Term A Loan Lender, shallmean the obligation of such Term A Loan Lender to make Term A Loans tothe Company pursuant to the Term A Loan Activation Notice;collectively, as to all such Term A Loan Lenders, the"Term A Loan Commitments";

"Term A LoanLender" shall have the meaning assigned to such termin subsection 2A.1;".

Section3.     Amendment to Section 2 (Amounts and Terms of TermLoan Commitment). Section  2 of the Credit Agreement ishereby amended by adding the following new Section 2A immediately afterSection 2 thereof:

"SECTION 2A. AMOUNT AND TERMS OFTERM A LOAN COMMITMENT

2A.1    Term ALoan Commitments. So long as no Event of Default shall be inexistence, the Company and any one or more Lenders or additional banks,financial institutions or other entities which become Lenders pursuantto this subsection 2A.1 (individually, a "Term A LoanLender" and collectively, the "TermA Loan Lenders"), may from time to time agree thatsuch Term A Loan Lenders shall each make a term loan in Dollars (each,a "Term ALoan";

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collectively, the"Term A Loans") to the Company byexecuting and delivering to the Administrative Agent a Term A LoanActivation Notice specifying (i)  the amount of such Term A Loanand (ii) the date on which such Term A Loan shall be made (the"Term A Loan Borrowing Date"). Theaggregate amount of borrowings of the Term A Loans shall not exceed$64,400,000, which borrowings shall all be made on the Term A LoanBorrowing Date. Any additional bank, financial institution or otherentity which, with the consent of the Company and the AdministrativeAgent (which consent shall not be unreasonably withheld), elects tobecome a "Lender" under this Agreement inconnection with the making of any Term A Loan shall execute a NewLender Supplement, whereupon such bank, financial institution or otherentity shall become a Lender for all purposes and to the same extent asif originally a party hereto and shall be bound by and entitled to thebenefits of this Agreement. Subject to the terms and conditions of thisAgreement and the Term A Loan Activation Notice, on the Term A LoanBorrowing Date each Term A Loan Lender will make available to theAdministrative Agent in immediately available funds at the office ofthe Administrative Agent specified in subsection 14.3 (or at such otherlocation as the Administrative Agent may direct), by 1:00 P.M., NewYork City time, an amount equal to such Term A Loan Lender's TermA Loan Commitment. The proceeds of the Term A Loan received by theAdministrative Agent hereunder on the Term A Loan Borrowing Date shallpromptly be made available to the Company by the AdministrativeAgent's crediting the account of the Company designated to theAdministrative Agent with the aggregate amount actually received by theAdministrative Agent from the Term A Loan Lenders and in like funds asreceived by the Administrative Agent.

2A.2    Amortization of Term A Loans.(a) On November 30, 2004, the Company shall repay $650,000 in aggregateprincipal amount of the Term A Loan.

(b) Theaggregate principal amount of the Term A Loan then outstanding shall bepaid in full (together with accrued interest and other amounts owing onaccount thereof) on the Termination Date.

2A.3    Term Loan Notes. The Companyagrees, that upon the request of any Term A Loan Lender at any time,the Term A Loan of such Term A Loan Lender shall be evidenced by a TermLoan Note, payable to the order of such Term A Loan Lender andrepresenting the obligation of the Company to pay a principal amountequal to the amount of the Term A Loan Commitment of such Term A LoanLender or, if less, the aggregate unpaid principal amount thereof fromtime to time outstanding under such Term Loan Note as prescribed insubsection 7.6. Upon the request to the Administrative Agent by anyTerm A Loan Lender at any time, the Company shall execute and deliverto such Term A Loan Lender two Term Loan Notes, one of which shallevidence the Eurodollar Loans of such Term A Loan Lender, and the otherof which shall evidence the Alternate Base Rate Loans of such Term ALoan Lender.

2A.4    Use of Proceeds ofTerm A Loans. The proceeds of the Term A Loans hereunder shall beused by the Company to repay borrowings under the Multi-CurrencyRevolving Credit Facility and for general corporatepurposes.".

Section 4.     Amendment toSubsection 2.2 (Obligations of the Company). Subsection 2.2 of theCredit Agreement is hereby amended by deleting the first sentence ofparagraph (c) thereof and substituting in lieu thereof the followingnew sentence:

"(c) The Companyagrees that, upon the request to the Administrative Agent by any TermLoan Lender at any time, the Term Loan of such Term Loan Lender shallbe evidenced by a Term Loan Note, payable to the order of such TermLoan Lender and representing the obligation

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of the Company to pay aprincipal amount equal to the amount of the Term Loan Commitment ofsuch Term Loan Lender or, if less, the aggregate unpaid principalamount of the Term Loan made by such Term Loan Lender, with interest onthe unpaid principal amount thereof from time to time outstanding undersuch Term Loan Note as prescribed in subsection 7.6."

Section 5.     Amendments to Subsection 7.2 (OptionalPrepayments). Subsection 7.2 of the Credit Agreement is herebyamended by:

(a)    adding in paragraph (a) thereof the phrase"Term A Loans," immediately after the phrase"Term Loans," wherever it appears thereinexcept in the last sentence thereof; and

(b)    deleting thelast sentence of paragraph (a) thereof in its entirety and substitutingin lieu thereof the following new sentence:

"Any such optional prepayments of theTerm Loans or Term A Loans shall be applied to the remaininginstallments thereof in inverse order of their scheduled maturities (tobe applied ratably first to the payments due under (i) subsection2.4(b) with respect to the Term Loans and (ii) subsection 2A.2(b), withrespect to the Term A Loans).".

Section6.     Amendment to Subsection 7.3 (MandatoryPrepayments). Subsection 7.3 of the Credit Agreement is herebyamended by deleting paragraph (c) thereof in its entirety andsubstituting in lieu thereof the following new paragraph (c):

"(c) The Term Loans and Term A Loansowing to each Term Loan Lender and Term A Loan Lender, respectively,shall be repaid to the extent required by subsection 7.5(a);provided that any Term Loan Lender or Term A Loan Lender, asthe case may be, may elect to waive its rights to any payment owing toit pursuant to this subsection 7.3(c) and, if any Term Loan Lender orTerm A Loan Lender so elects, the amounts otherwise payable to suchTerm Loan Lender or Term A Loan Lender, as the case may be, shallinstead be applied to repay the other Term Loan Lenders and Term A LoanLenders on a ratable basis.".

Section7.     Amendments to Subsection 7.4 (Mandatory CommitmentReductions). Subsection 7.4 of the Credit Agreement is herebyamended by:

(a)    adding to clause (i) of paragraph (b)thereof the following new parenthetical at the end thereof:

"(other than Term A Loans)"; and

(b)    deleting the parenthetical in clause (iii) of paragraph (b)thereof in its entirety and substituting in lieu thereof the followingnew parenthetical:

"(other than (i)those otherwise described in this subsection 7.4, (ii) a Net ProceedsEvent constituting a disposition of assets listed on Schedule XV of theCompany and (iii) a Net Proceeds Event constituting an Equity Offeringto the extent that Net Proceeds therefrom are required to be used torepurchase or repay Indebtedness in connection with the Exchange or thePublic Rights Offerings)".

Section8.     Amendments to Subsection 7.5 (Application ofPayments and Commitment Reductions). Subsection 7.5 of the CreditAgreement is hereby amended by:

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(a)    deleting paragraph (a) thereof inits entirety and substituting in lieu thereof the following newparagraph (a):

"(a) Any reductionof the Aggregate Commitment required pursuant to subsection 7.4 shallbe applied (i) ratably to the repayment of the Term Loans and the TermA Loans then outstanding and to a permanent reduction of the AggregateMulti-Currency Commitment then in effect and (ii) to the extent that noTerm Loans or Term A Loans remain outstanding, to a permanent reductionof the Aggregate Multi-Currency Commitment then ineffect."; and

(b)    deleting paragraph (d)thereof in its entirety and substituting in lieu thereof the followingnew paragraph (d):

"(d) Anyprepayment of the Term Loans or the Term A Loans required pursuant tosubsection 7.3 or 7.4 shall be applied to the then outstandinginstallments thereof in inverse order of their scheduled maturities (tobe applied ratably first to the payment due under (i) subsection2.4(b), with respect to Term Loans and (ii) subsection 2A.2(b), withrespect to the Term A Loans).".

Section9.     Amendment to Subsection 7.13 (Taxes).Subsection 7.13 of the Credit Agreement is hereby amended by adding toclause (y) of paragraph (b) thereof the phrase "or anyTerm A Loan Lender" immediately after the phrase"Term Loan Lender" wherever it appearstherein.

Section 10.     Amendment to Subsection7.16 (Pro Rata Treatment and Payments). Subsection 7.16 of theCredit Agreement is hereby amended by deleting the first sentence ofparagraph (a) thereof in its entirety and substituting in lieu thereofthe following new sentence:

"(a)Each borrowing by the Company of Term Loans shall be made ratably fromthe Term Loan Lenders in accordance with their then respective TermLoan Commitment Percentages thereof and the borrowing by the Company ofthe Term A Loans shall be made ratably from the Term A Loan Lenders inaccordance with their Term A Loan Commitments.".

Section 11.     Amendments to Subsection 11.2(Indebtedness). Subsection 11.2 of the Credit Agreement is herebyamended by amending by:

(a)    deleting the firstparenthetical in paragraph (n) thereof in its entirety and substitutingin lieu thereof the following new parenthetical:

"(and (i) any increase in the amountoutstanding thereunder due to the accrual and capitalization ofinterest in accordance with its terms or (ii) the required decrease inthe commitment thereunder on the Exchange Date so that the commitmentthereunder shall then equal the undrawn amount thereof at the ExchangeDate)"; and

(b)    amending paragraph (n) thereofby (i) deleting the period at the end of clause (B)(y) thereof andsubstituting in lieu thereof "; and" and (ii)and adding immediately after clause (B)(y) thereof the following newclause (C):

"(C) in the case ofIndebtedness incurred pursuant to clause (i) or (ii), at the time ofany incurrence of any such Indebtedness, or Indebtedness in respect ofsubsection 11.2(s) on or after the Fourth Amendment Effective Date, theTerm Loans and the Term A Loans then committed to be made shall befully drawn."; and

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(c)    deleting the first parentheticalin paragraph (s) thereof in its entirety and substituting in lieuthereof the following new parenthetical:

"(and (i)any increase in the amount outstanding thereunder due to the accrualand capitalization of interest in accordance with its terms or (ii) therequired decrease in the commitment thereunder on the Exchange Date sothat the commitment thereunder shall then equal the undrawn amountthereof at the Exchange Date)".

Section12.     Amendments to Subsection 11.9 (Limitation onPayments on Account of Debt; Synthetic Purchase Agreements).Subsection 11.9 of the Credit Agreement is hereby amended by:

(a)    amending paragraph (a) thereof by deleting the provisoafter the comma at the end of clause (ii) thereof in its entirety andsubstituting in lieu thereof the following new proviso:

"provided that the Company andits Subsidiaries may amend, waive, supplement or otherwise modify anyagreement governing (x) Indebtedness permitted to be incurred pursuantto subsection 11.2(n) on or after the Third Amendment Effective Date inorder to extend the maturity date of such Indebtedness and (y) the NewM&FH Multiple-Draw Term Loan, the M&FH Multiple-Draw Term Loanand the M&FH Supplemental Line of Credit Agreement in order toreduce the commitments thereunder to the respective undrawn amountsthereof at the Exchange Date,"; and

(b)    amending paragraph (c) thereof by (i) deleting"and" at the end of clause (iv) thereof, (ii)deleting "or" at the end of clause (v)thereof and substituting in lieu thereof"and" and (iii) and adding immediately afterclause (v) thereof the following new clause (vi):

"(vi) Indebtedness defeased, prepaid orotherwise repurchased with the proceeds of any Capital Contribution tothe extent such Capital Contribution is made to the Company by Revlonin connection with the Exchange or the Public Rights Offerings;provided that (i) within 30 days of receipt by the Company ofthe proceeds of such Capital Contribution, the Company shall have (x)defeased, prepaid or repurchased such Indebtedness or (y) taken action(other than any action already taken in connection with the Exchange orthe Public Rights Offerings) to defease, prepay or repurchase suchIndebtedness (which action may include, without limitation, deliveringa notice of redemption, preparation of documentation relating to anexchange offer, a tender offer or a private transaction for therepurchase of Indebtedness or board of director action authorizing anysuch action) and (ii) the Company shall take such action as reasonablyshall be necessary or as the Administrative Agent shall request togrant to the Administrative Agent a first priority security interest inall proceeds of such Capital Contribution pending such use of theproceeds (with provision made to grant a second priority securityinterest therein to secure Indebtedness issued under the Senior SecuredNotes Indenture pursuant to substantially identical documentation);or".

Section 13.     Amendment toSection 12 (Events of Default). Section 12 of the Credit Agreementis hereby amended by:

(a)    Deleting"(a)" from paragraph (q) thereof and addingthe following new parenthetical immediately at the end of clause (i)thereof:

"(other than any proceedsfrom an Equity Offering relating to the Exchange to the extent proceedstherefrom are used by Revlon in connection with theExchange)"; and

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(b)    deleting the first parentheticalfrom paragraph (r) thereof in its entirety and substituting in lieuthereof the following new parenthetical:

"(other than any Capital Gains Notes,Capital Contribution Notes or rights with respect to the Exchange andthe Public Rights Offerings pursuant to the Fidelity Support Agreement,the Mafco Support Agreement and other ancillary agreements implementingthe transactions contemplated by Exhibit I to the FourthAmendment)".

Section 14.     Amendmentto Subsection 14.7 (Successors and Assigns; Loan Participations).Subsection 14.7 of the Credit Agreement is hereby amended by adding toclauses (ii) and (iii) of paragraph (c) thereof the phrase"or a Term A Loan" immediately after thephrase "Term Loan" wherever it appearstherein.

Section 15.     Amendment to Subsection14.11(QFL Notes). Subsection 14.11 of the Credit Agreement ishereby amended by adding to paragraph (c) thereof the phrase"or Term A Loans" immediately after thephrase "Term Loans" therein.

Section16.     New Exhibit A. The Credit Agreement is herebyamended by deleting Exhibit A thereto in its entirety and substitutingin lieu thereof a new Exhibit A in the form attached hereto as ExhibitII.

Section 17.     New Exhibit U-2. The CreditAgreement is hereby amended by deleting Exhibit U-2 thereto in itsentirety and substituting in lieu thereof a new Exhibit U-2 in the formattached hereto as Exhibit III.

Section 18.     NewExhibit W. The Credit Agreement is adding a new Exhibit W theretoin the form attached hereto as Exhibit IV.

Section19.     New Exhibit X. The Credit Agreement is herebyamended by adding a new Exhibit X thereto in the form attached heretoas Exhibit V.

Section 20.     Representations andWarranties. The Company, as of the date hereof and after givingeffect to the amendments contained herein, hereby confirms, reaffirmsand restates the representations and warranties made by it in Section 8of the Credit Agreement and otherwise in the Credit Documents to whichit is a party; provided that each reference to the CreditAgreement therein shall be deemed a reference to the Credit Agreementafter giving effect to this Amendment.

Section21.     Conditions to Effectiveness. This Amendmentshall become effective as of the date (the "FourthAmendment Effective Date") on which (a) theAdministrative Agent shall have received (i) counterparts of thisAmendment and any amendments to the Security Documents to the extentrequired to reflect the Term A Loan, duly executed by the Company andthe Required Lenders and duly acknowledged and consented to by eachGuarantor, Grantor and Pledgor and (ii)     an executed legal opinionfrom counsel to the Company, in form and substance reasonablyacceptable to the Administrative Agent and (b) the Exchange shall havebeen completed, which date must be on or prior to June 30, 2004.

Section 22.     Reference to and Effect on the CreditDocuments; Limited Effect. On and after the date hereof and thesatisfaction of the conditions contained in Section 21 of thisAmendment, each reference in the Credit Agreement to "thisAgreement", "hereunder","hereof" or words of like import referring tothe Credit Agreement, and each reference in the other Credit

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Documents to "theCredit Agreement", "thereunder","thereof" or words of like import referringto the Credit Agreement, shall mean and be a reference to the CreditAgreement as amended hereby. The execution, delivery and effectivenessof this Amendment shall not, except as expressly provided herein,operate as a waiver of any right, power or remedy of any Lender or theAgents under any of the Credit Documents, nor constitute a waiver ofany provisions of any of the Credit Documents. Except as expresslyamended herein, all of the provisions and covenants of the CreditAgreement and the other Credit Documents are and shall continue toremain in full force and effect in accordance with the terms thereofand are hereby in all respects ratified and confirmed.

Section23.     Counterparts.  This Amendment may be executedby one or more of the parties hereto in any number of separatecounterparts (which may include counterparts delivered by facsimiletransmission) and all of said counterparts taken together shall bedeemed to constitute one and the same instrument. Any executedcounterpart delivered by facsimile transmission shall be effective asan original for all purposes hereof. The execution and delivery of thisAmendment by any Lender shall be binding upon each of its successorsand assigns (including Transferees of its Commitments and Loans inwhole or in part prior to effectiveness hereof) and binding in respectof all of its Commitments and Loans, including any acquired subsequentto its execution and delivery hereof and prior to the effectivenesshereof.

Section 24.     **GOVERNING LAW, ETC.THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED INACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.**

Section25.     Expenses.  The Company agrees to pay orreimburse the Administrative Agent for all of its out-of-pocket costsand expenses incurred in connection with the preparation, negotiationand execution of this Amendment, including, without limitation, thefees and disbursements of counsel to the AdministrativeAgent.

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IN WITNESS WHEREOF, the parties heretohave caused this Amendment to be executed and delivered by their dulyauthorized officers as of the date first written above.

|        |  |                                                                              |  |                                                                   |  |  |  |  |  |  |
|--------|--|------------------------------------------------------------------------------|--|-------------------------------------------------------------------|--|--|--|--|--|--|
|   |  | REVLONCONSUMER PRODUCTS CORPORATION, as a Borrower                           |
|   |  | By:                                                                          |  | /s/Robert K. Kretzman                                             |
|   |  |                                                                         |  | Name:  Robert K.Kretzman                                |
|   |  |                                                                         |  | Title:  Executive Vice President and Chief LegalOfficer |
|   |  | REVLON INTERNATIONALCORPORATION (UK Branch), as a Local Borrowing Subsidiary |
|   |  | By:                                                                          |  | /s/Robert K.Kretzman                                              |
|   |  |                                                                         |  | Name:  RobertK. Kretzman                                |
|   |  |                                                                         |  | Title:  Vice President andSecretary                     |
|   |  | REVLON AUSTRALIA PTYLIMITED, as a Local Borrowing Subsidiary                 |
|   |  | By:                                                                          |  | /s/Robert K. Kretzman                                             |
|   |  |                                                                         |  | Name:  Robert K.Kretzman                                |
|   |  |                                                                         |  | Title:  Attorney-in-fact                                |
|   |  | EUROPEENNE DE PRODUITSDE BEAUTE, S.A.S., as a Local Borrowing Subsidiary     |
|   |  | By:                                                                          |  | /s/Robert K. Kretzman                                             |
|   |  |                                                                         |  | Name:  Robert K.Kretzman                                |
|   |  |                                                                         |  | Title:  Attorney-in-fact                                |
|   |  | REVLON K.K., as aLocal Borrowing Subsidiary                                  |
|   |  | By:                                                                          |  | /s/Robert K. Kretzman                                             |
|   |  |                                                                         |  | Name:  Robert K.Kretzman                                |
|   |  |                                                                         |  | Title:  Attorney-in-fact                                |
|        |

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|        |  |                                                            |  |                                               |  |  |  |  |  |  |
|--------|--|------------------------------------------------------------|--|-----------------------------------------------|--|--|--|--|--|--|
|   |  | REVLONCANADA INC., as a Local Borrowing Subsidiary         |
|   |  | By:                                                        |  | /s/Robert K. Kretzman                         |
|   |  |                                                       |  | Name:  Robert K.Kretzman            |
|   |  |                                                       |  | Title:  Vice President andSecretary |
|   |  | REVLON (HONG KONG)LIMITED, as a Local Borrowing Subsidiary |
|   |  | By:                                                        |  | /s/Robert K.Kretzman                          |
|   |  |                                                       |  | Name:  RobertK. Kretzman            |
|   |  |                                                       |  | Title:  Attorney-in-fact            |
|   |  | REVLON S.p.A., as aLocal Borrowing Subsidiary              |
|   |  | By:                                                        |  | /s/Robert K. Kretzman                         |
|   |  | Name:  Robert K.Kretzman                         |
|   |  | Title:  Director                                 |
|        |

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|        |  |                                                             |  |                              |  |  |  |  |  |  |
|--------|--|-------------------------------------------------------------|--|------------------------------|--|--|--|--|--|--|
|   |  | JPMORGANCHASE BANK, as Administrative Agent and as a Lender |
|   |  | By:                                                         |  | /s/  NeilR. Boylan |
|   |  | Name:  Neil R.Boylan                              |
|   |  | Title:    ManagingDirector              |
|        |

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|        |  |                                                       |  |                             |  |  |  |  |  |  |
|--------|--|-------------------------------------------------------|--|-----------------------------|--|--|--|--|--|--|
|   |  | CITIBANK,N.A., as Documentation Agent and as a Lender |
|   |  | By:                                                   |  | /s/  FrankR. Lowe |
|   |  | Name:  Frank R.Lowe                         |
|   |  | Title:    ManagingDirector        |
|        |

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|        |  |                                        |  |                            |  |  |  |  |  |  |
|--------|--|----------------------------------------|--|----------------------------|--|--|--|--|--|--|
|   |  | BLACKDIAMOND CLO1988-1, LTD.           |
|   |  | Name ofLender                          |
|   |  | By:                                    |  | /s/  AlanCorkish |
|   |  | Name:  AlanCorkish           |
|   |  | Title:    Director |
|   |  | BLACKDIAMOND CLO2000-1, LTD.           |
|   |  | Name ofLender                          |
|   |  | By:                                    |  | /s/  AlanCorkish |
|   |  | Name:  AlanCorkish           |
|   |  | Title:    Director |
|        |

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|        |  |                                                                           |  |                                   |  |  |  |  |  |  |
|--------|--|---------------------------------------------------------------------------|--|-----------------------------------|--|--|--|--|--|--|
|   |  | BLACKDIAMOND INTERNATIONAL FUNDING, INC.                                  |
|   |  | By:                                                                       |  | /s/  AlanCorkish        |
|   |  | Name:  AlanCorkish                                              |
|   |  | Title:    Director                                    |
|   |  | COOKSMILL                                                                 |
|   |  | By:                                                                       |  | /s/  JohnR.M. Campbell  |
|   |  | Name:  John R.M.Campbell                                        |
|   |  | Title:    AuthorizedSignatory                         |
|   |  | CSAMFUNDING I.                                                            |
|   |  | By:                                                                       |  | /s/  DavidH. Lerner     |
|   |  | Name:  David H.Lerner                                           |
|   |  | Title:    AuthorizedSignatory                         |
|   |  | FIDELITYADVISOR SERIES II: FIDELITY ADVISOR FLOATING RATE HIGH INCOMEFUND |
|   |  | By:                                                                       |  | /s/  JohnH. Costello    |
|   |  | Name:  John H.Costello                                          |
|   |  | Title:    AssistantTreasurer                          |
|   |  | GENERALELECTRIC CAPITAL CORPORATION.                                      |
|   |  | By:                                                                       |  | /s/  WilliamMagee       |
|   |  | Name:  WilliamMagee                                             |
|   |  | Title:    DulyAuthorizedSignatory                     |
|   |  | LONGLANE MASTER TRUST IVBy Fleet National Bank as TrustAdministrator      |
|   |  | By:                                                                       |  | /s/  MichaelJ. Sullivan |
|   |  | Name:  Michael J.Sullivan                                       |
|   |  | Title:    Director                                    |
|        |

----

|        |  |                                                                 |  |                                     |  |  |  |  |  |  |
|--------|--|-----------------------------------------------------------------|--|-------------------------------------|--|--|--|--|--|--|
|   |  | NATEXISBANKQUES POPULAIRES                                      |
|   |  | By:                                                             |  | /s/  FrankH. Madden, Jr.  |
|   |  | Name:  Frank H.Madden, Jr.                            |
|   |  | Title:    Vice President & GroupManager |
|   |  | By:                                                             |  | /s/  JordanH. Levy        |
|   |  | Name:  Jordan H.Levy                                  |
|   |  | Title:    AssistantVice President           |
|   |  | TRANSAMERICABUSINESS CAPITAL CORPORATION.                       |
|   |  | By:                                                             |  | /s/  WilliamMagee         |
|   |  | Name:  WilliamMagee                                   |
|   |  | Title:    DulyAuthorizedSignatory           |
|   |  | TRS1 LLC.                                                       |
|   |  | By:                                                             |  | /s/  DeborahO'Keefe       |
|   |  | Name:  DeborahO'Keefe                                 |
|   |  | Title:    VicePresident                     |
|   |  | VANKAMPEN SENIOR INCOME TRUST.                                  |
|   |  | By:                                                             |  | Van KampenInvestment Advisory Corp. |
|   |  | By:                                                             |  | /s/  BradLangs            |
|   |  | Name:  BradLangs                                      |
|   |  | Title:    ExecutiveDirector                 |
|   |  | VANKAMPEN SENIOR LOAN FUND.                                     |
|   |  | By:                                                             |  | Van KampenInvestment Advisory Corp. |
|   |  | By:                                                             |  | /s/  BradLangs            |
|   |  | Name:  BradLangs                                      |
|   |  | Title:    ExecutiveDirector                 |
|        |

----

ACKNOWLEDGEMENT AND CONSENT

Dated as of February 18, 2004

Each of theundersigned (in its capacity as a Guarantor, Grantor and/or Pledgor, asthe case may be, under the Security Documents to which it is a party)does hereby (a) consent, acknowledge and agree to the transactionsdescribed in the foregoing Fourth Amendment and (b) after giving effectto such Fourth Amendment, (i) confirms, reaffirms and restates therepresentations and warranties made by it in each Credit Document towhich it is a party, (ii) ratifies and confirms each Security Documentto which it is a party and (iii) confirms and agrees that each suchSecurity Document is, and shall continue to be, in full force andeffect, with the Collateral described therein securing, and continuingto secure, the payment of all obligations of the undersigned referredto therein; provided that each reference to the CreditAgreement therein and in each of the other Credit Documents shall bedeemed to be a reference to the Credit Agreement after giving effect tosuch Fourth Amendment.

|        |  |                                                                                                                                                                                                                                                                                                                        |  |                       |  |  |  |  |  |  |
|--------|--|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|-----------------------|--|--|--|--|--|--|
|   |  | ALMAY, INC. CHARLES OF THE RITZ GROUPLTD. CHARLES REVSON INC. COSMETICS & MORE INC. PPITWO CORPORATION REVLON CONSUMER CORP. REVLON DEVELOPMENTCORP. REVLON GOVERNMENT SALES, INC. REVLON INTERNATIONALCORPORATION REVLON PRODUCTS CORP. REVLON REAL ESTATECORPORATION* RIROS CORPORATION RIROS GROUP INC. RITINC. |
|   |  | By:                                                                                                                                                                                                                                                                                                                    |  | /s/Robert K. Kretzman |
|   |  | Name:  Robert K.Kretzman                                                                                                                                                                                                                                                                                     |
|   |  | Title:  Vice President andSecretary *President and Secretary                                                                                                                                                                                                                                                 |
|   |  | REVLON,INC.                                                                                                                                                                                                                                                                                                            |
|   |  | By:                                                                                                                                                                                                                                                                                                                    |  | /s/Robert K. Kretzman |
|   |  | Name:  Robert K.Kretzman                                                                                                                                                                                                                                                                                     |
|   |  | Title:  Executive VicePresident and Chief Legal Officer                                                                                                                                                                                                                                                      |
|   |  | NORTH AMERICA REVSALEINC.                                                                                                                                                                                                                                                                                              |
|   |  | By:                                                                                                                                                                                                                                                                                                                    |  | /s/Michael T. Sheehan |
|   |  | Name:  Michael T.Sheehan                                                                                                                                                                                                                                                                                     |
|   |  | Title:  Vice President andSecretary                                                                                                                                                                                                                                                                          |
|        |

----

Exhibit Ito Fourth Amendment

TERMS OF EXCHANGE OFFER FOR ANY ANDALL

|                                             |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|---------------------------------------------|--|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **I.    ExchangeOffer** |  | Revlon, Inc.("Revlon") agrees, in reliance on theexemption from the registration requirements of the Securities Act of1933, as amended (the "Securities Act"),provided by Section 3(a)(9) thereof, to conduct an exchange offer (the"Exchange Offer"), pursuant to which Revlonwill offer holders of certain series of notes issued by its whollyowned subsidiary, Revlon Consumer Products Corporation("Products Corporation"), and guaranteed byRevlon, the option to receive (i) shares of Class A common stock ofRevlon, par value $0.01 per share ("Revlon Class A commonstock"), or (ii) cash, subject to proration as describedbelow, in exchange for their notes and guaranties. |
|                                             |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |

|  |  |                                                                                                                                                                                                                                                                                   |
|--|--|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | Asdescribed below, Fidelity and M&F (as such terms are defined below)agree to exchange notes and guaranties thereof and, in the case ofM&F, certain other debt obligations of Products Corporation andpreferred stock of Revlon for shares of Revlon Class A commonstock. |
|  |  |                                                                                                                                                                                                                                                                                   |

|                                                         |  |                                                                                                                                                                                                                                                                         |
|---------------------------------------------------------|--|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|     **Exchange OfferConsideration** |  | For each $1,000 principal amount of notestendered in the Exchange Offer, holders of Products Corporation's8 1/8% Senior Notes due 2006 (the"8 1/8% Senior Notes")and 9% Senior Notes due 2006 (the "9% SeniorNotes") (together, the "SeniorNotes") may elect toreceive: |
|                                                         |  |                                                                                                                                                                                                                                                                         |

|  |  |        |                                              |
|--|--|--------|----------------------------------------------|
|  |  | • | 400 shares of RevlonClass A common stock; or |
|  |  |        |

|  |  |        |                                                         |
|--|--|--------|---------------------------------------------------------|
|  |  | • | $830,in the case of the 8 1/8% Senior Notes, in cash;or |
|  |  |        |

|  |  |        |                                                  |
|--|--|--------|--------------------------------------------------|
|  |  | • | $800, in the case of the9% Senior Notes, incash; |
|  |  |        |

|  |  |        |                                                                                                                                                                                                                                                                  |
|--|--|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | • | plus, in each case,accrued and unpaid interest, which will be paid in Revlon Class Acommon stock or cash at the option of the holder (without regard towhether such holder has elected to receive Revlon Class A common stockor cash in exchange for its Notes). |
|  |  |        |

|  |  |                                                                                                                                                                                                                                                   |
|--|--|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | For each $1,000principal amount of notes tendered in the Exchange Offer, holders ofProducts Corporation's 8 5/8% SeniorSubordinated Notes due 2008 (the "SubordinatedNotes" and, together with the Senior Notes, the"Notes") may elect toreceive: |
|  |  |                                                                                                                                                                                                                                                   |

|  |  |        |                                              |
|--|--|--------|----------------------------------------------|
|  |  | • | 300 shares of RevlonClass A common stock; or |
|  |  |        |

|  |  |        |              |
|--|--|--------|--------------|
|  |  | • | $620in cash; |
|  |  |        |

|  |  |        |                                                                                                                                                                                                                                                                  |
|--|--|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | • | plus, in each case,accrued and unpaid interest, which will be paid in Revlon Class Acommon stock or cash at the option of the holder (without regard towhether such holder has elected to receive Revlon Class A common stockor cash in exchange for its Notes). |
|  |  |        |

----

|  |  |                                                                                                                                                                                                                                                                                                                                                                                                                    |
|--|--|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | Notwithstanding the foregoing,Fidelity, with respect to the Initial Fidelity Notes (as such term isdefined below), and M&F agree to receive Revlon Class A commonstock in exchange for the principal amount of Notes tendered andM&F agrees to receive Revlon Class A common stock with respect toaccrued and unpaid interest, in each case as described below in thesection entitled "SupportAgreements." |
|  |  |                                                                                                                                                                                                                                                                                                                                                                                                                    |

|                                       |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|---------------------------------------|--|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|     **Proration** |  | Themaximum aggregate principal amount of Notes that may be tendered forcash (the "Cash Exchange Amount") in theExchange Offer will be limited to $150 million, which amount will bereduced by the aggregate principal amount of Additional Tendered Notes(as such term is defined below) tendered and exchanged for Revlon ClassA common stock. In the event that holders of Notes with an aggregateprincipal amount in excess of the Cash Exchange Amount elect to receivecash, the cash consideration will be apportioned pro rata first, amongthe tendering holders of Subordinated Notes that elected to receivecash consideration and then, to the extent that any portion of the CashExchange Amount has not been allocated, pro rata among the tenderingholders of Senior Notes that elected to receive cashconsideration. |
|                                       |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |

|  |  |                                                                                                                                                                                                                                                                                                                                                                                            |
|--|--|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | Holders that have elected to receive cashconsideration may further elect, in the event that they are subject toproration, to have the portion of their tendered Notes for which theywill not receive cash returned to them. If they do not make suchelection, holders will receive Revlon Class A common stock for theportion of their tendered Notes for which they will not receivecash. |
|  |  |                                                                                                                                                                                                                                                                                                                                                                                            |

|                                              |  |       |
|----------------------------------------------|--|-------|
|     **WithdrawalRights** |  | None. |
|                                              |  |       |

|                                               |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|-----------------------------------------------|--|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|     **SupportAgreements** |  | Fidelity Management & Research Co. andits affiliates and consolidated funds, (collectively,"Fidelity") hold $155.06 million aggregateprincipal amount of Notes (the "Initial FidelityNotes"). Fidelity will enter into a Support Agreement withRevlon, whereby it will agree to exchange the Initial Fidelity Notes inthe Exchange Offer, for shares of Revlon Class A common stock. Fidelitymay elect to receive either cash or Revlon Class A common stock inexchange for accrued and unpaid interest (at the applicable rate) onsuch tendered Notes. |
|                                               |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |

|  |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|--|--|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | Mafco Holdings Inc. and its affiliatesother than Revlon or any of its subsidiaries (collectively,"M&F") hold $285.77 million aggregateprincipal amount of Notes (the "Initial M&FNotes" and, together with the Initial Fidelity Notes, the"Initial Notes"). M&F will enter into aSupport Agreement with Revlon, whereby it will agree to exchange in theExchange Offer the Initial M&F Notes, together with any additionalNotes acquired by it from the date of the Support Agreement through theclosing of the |
|  |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |

----

|  |  |                                                                                                                                                                            |
|--|--|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | Exchange Offer, in exchange for shares ofRevlon Class A common stock, including with respect to accrued andunpaid interest (at the applicable rate) on such tenderedNotes. |
|  |  |                                                                                                                                                                            |

|  |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|--|--|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | In addition, pursuant to the Support Agreement,M&F will agree to exchange (x) any and all amounts outstanding(including accrued and unpaid interest thereon at the applicable rate),as of the date of the closing of the Exchange Offer, under each of (i)the $100 Million Senior Unsecured Multiple-Draw Term Loan Agreement,dated as of February 5, 2003, between Products Corporation and M&F,as amended, (ii) the $65 Million Senior Unsecured Supplemental Line ofCredit Agreement, dated as of February 5, 2003, between ProductsCorporation and M&F, as amended (the "M&F $65Million Line of Credit"), and (iii) the $125 Million 2004Senior Unsecured Multiple-Draw Term Loan Agreement, dated as of January28, 2004, between Products Corporation and M&F (the"M&F $125 Million Loan"), each at anexchange ratio of 400 shares of Revlon Class A common stock for each$1,000 of indebtedness outstanding thereunder, and (y) an aggregate of$24.1 million outstanding under certain non-interest bearingsubordinated promissory notes payable by Products Corporation, at anexchange ratio of 300 shares of Revlon Class A common stock for each$1,000 of indebtedness outstanding thereunder. This exchange will beconsummated simultaneously with the Exchange Offer. |
|  |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |

|  |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|--|--|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | Inaddition, pursuant to the Support Agreement, M&F will agree to (i)exchange all 546 outstanding shares of Series A preferred stock ofRevlon, par value $0.01 per share, having an aggregate liquidationpreference of $54.6 million, for shares of Revlon Class A common stockat an exchange ratio of 160 shares of Revlon Class A common stock foreach $1,000 of liquidation preference outstanding, and (ii) convert all4,333 outstanding shares of Series B convertible preferred stock ofRevlon, par value $0.01 per share, into 433,333 shares of Revlon ClassA common stock in accordance with the terms of the certificate ofdesignations for such Series B convertible preferred stock. Thisexchange and conversion will be consummated simultaneously with theExchange Offer. |
|  |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |

|  |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|--|--|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | In addition, pursuant to the SupportAgreement, M&F will vote in favor of, or consent to, the issuanceof shares of Revlon Class A common stock in the Exchange Offer andpursuant to the Support Agreements with Fidelity and M&F and theother transactions contemplated by this term sheet and will agree totake all actions reasonably necessary to facilitate or otherwisesupport the Exchange Offer and the transactions contemplated by thisterm sheet. |
|  |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |

----

|                                                                                                |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|------------------------------------------------------------------------------------------------|--|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|     **MacAndrews & ForbesEquity     Contribution** |  | Promptly following theexpiration of the Exchange Offer, M&F agrees to subscribe foradditional shares of Revlon Class A common stock at a purchase price of$2.50 per share in an aggregate subscription amount equal to the sum of(x) $150 million less the aggregate principal amount of the AdditionalTendered Notes (the "M&F EquityContribution", which amount shall not be less than zero)plus (y) the amount, if any, of cash to be paid by Revlon in exchangefor Notes tendered in the Exchange Offer, excluding cash to be paidwith respect to accrued interest at the applicable rate (the"M&F StockSubscription"). |
|                                                                                                |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |

|  |  |                                                                                                                                                                                          |
|--|--|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | The "AdditionalTendered Notes" are those Notes validly tendered by anyparty and accepted by Revlon in the Exchange Offer in excess of theaggregate principal amount of the InitialNotes. |
|  |  |                                                                                                                                                                                          |

|                                             |  |                                                                                                                                                                                                                                                                                                                         |
|---------------------------------------------|--|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|     **Use of Proceeds** |  | The netcash proceeds received by Revlon as the M&F Equity Contribution, ifany, will be contributed to Products Corporation. Revlon will causeProducts Corporation to use any such amounts to reduce outstandingindebtedness, other than revolving indebtedness unless there is acorresponding commitment reduction. |
|                                             |  |                                                                                                                                                                                                                                                                                                                         |

|  |  |                                                                                                                            |
|--|--|----------------------------------------------------------------------------------------------------------------------------|
|  |  | Any cash received byRevlon as the M&F Stock Subscription will be used for the cashconsideration in the Exchange Offer. |
|  |  |                                                                                                                            |

|                                                      |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|------------------------------------------------------|--|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **II.    PublicRights Offering** |  | As soon as reasonably practicableafter the consummation of the Exchange Offer, Revlon agrees toconsummate a rights offering (the "Public RightsOffering") pursuant to which Revlon will distribute, on apro rata basis and at no charge, non-transferable rights (the"Public Rights") to each holder of record, asof a date prior to the expiration of the Exchange Offer, of RevlonClass A common stock and the Class B common stock of Revlon, par value$0.01 per share ("Revlon Class B commonstock" and, together with the Revlon Class A common stock,the "Common Stock"), to purchase its pro ratanumber of shares ("Public Rights Shares") ofRevlon Class A common stock (the "Public BasicSubscription Privilege") at a price per Public RightsShare equal to $2.50 (the "Public SubscriptionPrice"), such that the aggregate number of Public RightsShares to be offered in the Public Rights Offering multiplied by thePublic Subscription Price will equal the Public Offering Amount. The"Public Offering Amount" shall be equal to(A) the sum of (i) the M&F Equity Contribution, if any, and (ii)the M&F Stock Subscription, divided by (B) the M&F OwnershipPercentage. |
|                                                      |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |

|  |  |                                                                                                                                         |
|--|--|-----------------------------------------------------------------------------------------------------------------------------------------|
|  |  | The "M&F OwnershipPercentage" means the percentage of Common Stock owned byM&F on the record date of the Public RightsOffering. |
|  |  |                                                                                                                                         |

----

|  |  |                                                                                                                       |
|--|--|-----------------------------------------------------------------------------------------------------------------------|
|  |  | Although M&F will receive PublicRights, it will agree in its Support Agreement not to exercise suchPublic Rights. |
|  |  |                                                                                                                       |

|  |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|--|--|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | Each holder of Public Rights who exercisesin full its Public Basic Subscription Privilege will be entitled, on apro rata basis, to subscribe for additional Public Rights Shares at thePublic Subscription Price, to the extent that other holders of PublicRights do not exercise all of their Public Rights in the Public BasicSubscription Privilege; provided that such oversubscription privilegewill be limited, in the aggregate, to those Public Rights Sharesunderlying the Public Rights of holders other thanM&F. |
|  |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |

|                                             |  |                                                                                                                                                                                                                                                                                                                                                       |
|---------------------------------------------|--|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|     **Use of Proceeds** |  | The netcash proceeds received by Revlon as payment for the Public SubscriptionPrice in the Public Rights Offering will be contributed to ProductsCorporation. Revlon will cause Products Corporation to use any suchamounts to reduce outstanding indebtedness, other than revolvingindebtedness unless there is a corresponding commitmentreduction. |
|                                             |  |                                                                                                                                                                                                                                                                                                                                                       |

|                                                       |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|-------------------------------------------------------|--|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **III.    Second RightsOffering** |  | On or prior to December 31, 2004, Revlonagrees to have closed an additional rights offering (the"Rights Offering") pursuant to which Revlonwill distribute, on a pro rata basis and at no charge, rights (the"Rights") to each holder of record of theCommon Stock, to purchase its pro rata number of shares("Rights Shares") of Revlon Class A commonstock (the "Basic Subscription Privilege") ata price per Rights Share to be determined by the Board of Directors ofRevlon at the time of the Rights Offering (the"Subscription Price"), such that theaggregate number of Rights Shares to be offered in the Rights Offeringmultiplied by the Subscription Price will equal the Aggregate OfferingAmount. The "Aggregate Offering Amount" shallbe equal to the positive excess, if any, of $200 million over the sumof (i) the aggregate principal amount of the Additional Tendered Notes,(ii) the M&F Equity Contribution, if any, and (iii) the aggregateproceeds of the Public Rights Offering (such excess, if any, being the"Aggregate Back-StopAmount"). |
|                                                       |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |

|  |  |                                                                                                                   |
|--|--|-------------------------------------------------------------------------------------------------------------------|
|  |  | Each of M&F and Fidelity mayexercise their Basic Subscription Privilege and their Over-SubscriptionPrivilege. |
|  |  |                                                                                                                   |

|  |  |                                                                                                                                                                                                                                                                                                                                             |
|--|--|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | Each holder of Rights who exercises in full itsBasic Subscription Privilege will be entitled, on a pro rata basis, tosubscribe for additional Rights Shares at the Subscription Price (the"Over-Subscription Privilege"), to the extentthat other holders of Rights do not exercise all of their Rights in theBasic Subscription Privilege. |
|  |  |                                                                                                                                                                                                                                                                                                                                             |

----

|                                                              |  |                                                                                                                                                                                                                         |
|--------------------------------------------------------------|--|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|     **MacAndrews & ForbesBack-Stop** |  | In the event the Rights Offering is not fullysubscribed, M&F shall, on or prior to December 31, 2004, on thesame terms as the Rights Offering, purchase all of the Back-Stop Shares(as such term is defined below). |
|                                                              |  |                                                                                                                                                                                                                         |

|  |  |                                                                                                                                                                                                                                                                                                                                                                |
|--|--|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | "Back-StopShares" shall mean such number of shares of Revlon Class Acommon stock as equals all of the Rights Shares that are not otherwisesubscribed and paid for by the holders of Rights under either theirBasic Subscription Privilege or their Over-Subscription Privilege,provided, however, that the maximum number of Back-Stop Shares shallnot exceed: |
|  |  |                                                                                                                                                                                                                                                                                                                                                                |

|  |  |        |                                   |
|--|--|--------|-----------------------------------|
|  |  | • | (x) the AggregateBack-Stop Amount |
|  |  |        |

|  |  |        |                                       |
|--|--|--------|---------------------------------------|
|  |  | • | divided by (y)the Subscription Price. |
|  |  |        |

|                                            |  |                                                                                                                                                                                                                                                                                                                                          |
|--------------------------------------------|--|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|     **Use ofProceeds** |  | The net cash proceeds received by Revlon aspayment for the Subscription Price in the Rights Offering will becontributed to Products Corporation. Revlon will cause ProductsCorporation to use any such amounts to reduce outstanding indebtedness,other than revolving indebtedness unless there is a correspondingcommitment reduction. |
|                                            |  |                                                                                                                                                                                                                                                                                                                                          |

|                                                           |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|-----------------------------------------------------------|--|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **IV.    Additional EquityOfferings** |  | To the extent that the sum of (i) theaggregate principal amount of the Additional Tendered Notes, (ii) theM&F Equity Contribution, if any, (iii) the aggregate proceeds ofthe Public Rights Offering, (iv) the aggregate proceeds of the RightsOffering (including the Aggregate Back-Stop Amount) and (v) theaggregate proceeds of any other equity offering(s) consummated afterthe Exchange Offer and used by Products Corporation to reduceoutstanding indebtedness, other than revolving indebtedness unlessthere is a corresponding commitment reduction, is less than $300million (such shortfall, if any, the "Aggregate AdditionalOffering Amount"), Revlon will agree to consummate, on orprior to March 31, 2006, one or more offerings (which may be rightsofferings and/or issuances of Revlon Class A common stock in a publicoffering or private placement or other exempt transactions either forcash or in exchange for outstanding indebtedness of ProductsCorporation) in order to reduce the outstanding indebtedness ofProducts Corporation, other than revolving indebtedness unless there isa corresponding commitment reduction, by the Aggregate AdditionalOffering Amount (the "AdditionalOfferings"). |
|                                                           |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |

|  |  |                                                                                                                                                         |
|--|--|---------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | The offering price and terms ofany Additional Offerings shall be determined by the Board of Directorsof Revlon at the time of the Additional Offerings. |
|  |  |                                                                                                                                                         |

|  |  |                                                                                                                                                                                                                       |
|--|--|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | In theevent that by March 31, 2006 the proceeds (or aggregate principalamount of notes tendered in any exchange) of the Additional Offeringsare less than the Aggregate Additional Offering Amount, M&F willagree |
|  |  |                                                                                                                                                                                                                       |

----

|  |  |                                                                                                                                                                                                                                                                                                                                                  |
|--|--|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | to purchase shares (the"Aggregate Additional Back-Stop Amount") ofRevlon Class A common stock for an amount of cash such that ProductsCorporation reduces indebtedness, other than revolving indebtednessunless there is a corresponding commitment reduction, in an aggregateprincipal amount equal to the Aggregate Additional OfferingAmount. |
|  |  |                                                                                                                                                                                                                                                                                                                                                  |

|  |  |                                                                                                                                                                                                                                                                  |
|--|--|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | M&F may satisfy its obligations by making aninvestment in Revlon Class A common stock in an amount equal to theAggregate Additional Back-Stop Amount pursuant to any transactionapproved by Revlon's Board of Directors, which may include arights offering. |
|  |  |                                                                                                                                                                                                                                                                  |

|                                            |  |                                                                                                                                                                                                                                                                                                                                                              |
|--------------------------------------------|--|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|     **Use ofProceeds** |  | The net cash proceeds received by Revlon inthe Additional Offerings (including the Aggregate Additional Back-StopAmount) will be contributed to Products Corporation. Revlon will causeProducts Corporation to use any such amounts to reduce outstandingindebtedness, other than revolving indebtedness unless there is acorresponding commitmentreduction. |
|                                            |  |                                                                                                                                                                                                                                                                                                                                                              |

|                                                |  |                                                                                                            |
|------------------------------------------------|--|------------------------------------------------------------------------------------------------------------|
|     **Amendments,Waivers** |  | The terms will not be amended or waivedwithout the written consent of each of Fidelity, M&F andRevlon. |
|                                                |  |                                                                                                            |

|                                                   |  |                                                                                                                                                                         |
|---------------------------------------------------|--|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **V.    CorporateGovernance** |  | As of the date of the closing of theExchange Offer, Revlon, M&F and Fidelity shall enter into ashareholders agreement pursuant to which the parties will agreethat: |
|                                                   |  |                                                                                                                                                                         |

|  |  |        |                                                                                                                                                                                                                                                                                                                                                                                                               |
|--|--|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | • | Revlon will maintain amajority of Independent Directors on its Board of Directors."Independent Directors" shall be thosedirectors who satisfy the "independence"criteria set forth in the New York Stock Exchange("NYSE") listing rules; provided, however,that any Fidelity Appointees (as such term is defined below) shall bedeemed to be Independent Directors for purposes of the shareholdersagreement; |
|  |  |        |

|  |  |        |                                                                                                                                                                                                                                                                                                                                                                         |
|--|--|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | • | Fidelity shall beentitled to nominate to the Board of Directors (i) two directors for solong as Fidelity holds at least 10% of the outstanding votingstock of Revlon or (ii) one director for so long as Fidelity holds atleast 5% but less than 10% of the outstanding votingstock of Revlon (each a "Fidelity Appointee"and, collectively, the "FidelityAppointees"); |
|  |  |        |

|  |  |        |                                                                                                                                                                                                                                                     |
|--|--|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | • | OneFidelity Appointee, to be designated by Fidelity, shall be entitled tosit on all standing committees of the Board of Directors of Revlon,subject to satisfaction of applicable listing standards and otherapplicable laws, rules andregulations; |
|  |  |        |

|  |  |        |                                                                                                                                                                                          |
|--|--|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | • | Fidelity, M&Fand all controlled affiliates of M&F will vote their respectiveshares of Common Stock to give effect to the agreements referred to inthe prior three bullet points; |
|  |  |        |

----

|  |  |        |                                                                                                                                                                         |
|--|--|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | • | Revlonshall establish within 30 days after the consummation of the ExchangeOffer and maintain a Nominating and Corporate Governance Committee ofthe Board of Directors; |
|  |  |        |

|  |  |        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|--|--|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | • | Revlonshall not conduct any business or enter into any transaction or seriesof similar transactions with any affiliate of Revlon (other thanRevlon's subsidiaries) or a legal or beneficial owner of10% or more of the voting power of the voting stock of Revlon oran affiliate of such owner (other than any transaction (i) contemplatedherein or pursuant to agreements or arrangements entered into prior tothe date hereof and disclosed to Fidelity or (ii) specificallypermitted by the indentures pursuant to which the Notes were issued)unless: (a) with respect to a transaction or series of relatedtransactions, other than the purchase or sale of inventory in theordinary course of business, involving aggregate payments or otherconsideration in excess of $5.0 million, such transaction or series ofrelated transactions has been approved by all the Independent Directorsof the Board of Directors of Revlon, and (b) with respect to atransaction or series of related transactions, other than the purchaseor sale of inventory in the ordinary course of business, involvingaggregate payments or other consideration in excess of $20.0 million,such transaction or series of related transactions has been determined,in the written opinion of a nationally recognized, investment bankingfirm, to be fair, from a financial point of view, toRevlon. |
|  |  |        |

|  |  |                                                                                                                                                                                                                                                                                         |
|--|--|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | The shareholders agreement shall terminate at suchtime as Fidelity ceases to hold at least 5% of the outstandingvoting stock of Revlon. From the date hereof, Revlon shall not enterinto any material transaction pending the appointment of the FidelityAppointees as set forth above. |
|  |  |                                                                                                                                                                                                                                                                                         |

|  |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|--|--|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  |  | Without the consent ofFidelity, Revlon, Inc. will not permit Products Corporation to haveoutstanding aggregate borrowings under the M&F $125 Million Loanand the M&F $65 Million Line of Credit at any time in excess of (i)$190 million minus (ii) the principal amount of borrowings under theM&F $125 Million Loan and the M&F $65 Million Line of Creditexchanged for Revlon Class A common stock in the Exchange Offer minus(iii) the original commitment amount of the Additional CreditFacility. |
|  |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |

----

|                                                          |  |                                                                                                                                                                                                                                                                                 |
|----------------------------------------------------------|--|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **VI.    Additional CreditFacility** |  | UBS or a lender under ProductsCorporation's bank credit agreement shall provide $65 million ofadditional liquidity to Products Corporation by becoming part ofProducts Corporation's bank credit agreement or increasing suchlender's commitment thereunder, as the case maybe. |
|                                                          |  |                                                                                                                                                                                                                                                                                 |

|                                               |  |                                                                                                                                                                                                    |
|-----------------------------------------------|--|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **VII.    Press Release** |  | Thetext of any press release describing the Exchange Offers or othertransactions contemplated by this Term Sheet shall be reasonablysatisfactory to Fidelity, except as required by applicablelaw. |
|                                               |  |                                                                                                                                                                                                    |

----

Exhibit IIto Fourth Amendment

Exhibit A toCredit Agreement

FORM OFTERM LOAN NOTE

| $[                              ] | NewYork, New York[              ],200[  ] |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|

FOR VALUE RECEIVED, theundersigned, REVLON CONSUMER PRODUCTS CORPORATION, a Delawarecorporation (the "Company"),unconditionally promises to pay to the order of[                ](the "Lender"), on the dates and inthe manner set forth in subsection [2.2][2A.2](a)of the Credit Agreement referred to below, the lesser of (a) theprincipal amount of                          DOLLARS($                          )and (b) the aggregate unpaid principal amount of the Term [A]Loan made by the Lender to the Company pursuant to subsection[2.1][2A.1] of the Credit Agreement. The Companyfurther agrees to pay interest on the unpaid principal amount hereof onthe dates and at the applicable rates per annum as provided insubsections 7.6(a), (b) and (f) of the Credit Agreement until any suchamount shall be due and payable (whether at the stated maturity, byacceleration or otherwise), and thereafter on such overdue amount atthe rate per annum as provided in subsection 7.6(e) of the CreditAgreement until paid in full (both before and after judgment).

The holder of this Note is authorized to endorse on the schedulesannexed hereto and made a part hereof or on a continuation thereofwhich shall be attached hereto and made a part hereof the date, typeand amount of the Term [A] Loan made pursuant to the CreditAgreement and the date and amount of each payment or prepayment ofprincipal thereof, each continuation thereof, each conversion of all ora portion thereof to another type and, in the case of Eurodollar Loans,the length of each Interest Period with respect thereto. Each suchendorsement shall constitute prima facie evidence ofthe accuracy of the information endorsed: provided that thefailure of the Lender to make any such endorsement shall not affect theobligations of the Company in respect of such Term [A]Loan.

This Note (a) is one of the Term Loan Notes referred to inthe Second Amended and Restated Credit Agreement, dated as of November30, 2001 (as the same may from time to time be amended, modified orsupplemented, the "CreditAgreement"), among the Company, the Local BorrowingSubsidiaries from time to time parties thereto, the Lender, the otherfinancial institutions from time to time parties thereto and JPMorganChase Bank, as Administrative Agent, (b) is subject to the provisionsof the Credit Agreement and (c) is subject to optional and mandatoryprepayment in whole or in part as provided in the Credit Agreement.This Note is secured and guaranteed as provided in the CreditDocuments. Reference is hereby made to the Credit Documents for adescription of the properties and assets in which a security interesthas been granted, the nature and extent of the security and theguarantees, the terms and conditions upon which the security interestsand each guarantee were granted and the rights of the holder of thisNote in respect thereof.

Upon the occurrence of any one or moreof the Events of Defaults specified in the Credit Agreement, allamounts then remaining unpaid on this Note may become, or be declaredto be, immediately due and payable as provided in the CreditAgreement.

----

Unless otherwise defined herein, termsdefined in the Credit Agreement and used herein shall have the meaningsgiven to them in the Credit Agreement.

The Company and holdersof this Note, whether maker, principal, surety, guarantor, endorser orotherwise, hereby waive presentment, demand, protest and all othernotices of any kind.

THE NOTE SHALL BE GOVERNED BY, ANDCONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OFNEW YORK.

|        |  |                                    |  |                                                                                                                                                                                                                                                                                                                                                                          |  |  |  |  |  |  |
|--------|--|------------------------------------|--|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|--|--|--|--|--|
|   |  | REVLON CONSUMERPRODUCTSCORPORATION |
|   |  | By:                                |  |                                                              |
|   |  |                               |  | Title:                                                                                                                                                                                                                                                                                                                                                                   |
|        |

----

Schedule A toTermLoan Note

LOANS, CONVERSIONS AND REPAYMENTS OFALTERNATEBASE RATE ("ABR")LOANS

|        |  |                   |        |                            |  |                                      |        |                                              |  |                                   |        |                |  |        |        |        |  |        |        |        |  |        |        |        |  |  |
|--------|--|-------------------|--------|----------------------------|--|--------------------------------------|--------|----------------------------------------------|--|-----------------------------------|--------|----------------|--|--------|--------|--------|--|--------|--------|--------|--|--------|--------|--------|--|--|
| Date   |  | AmountofABR Loans |        | AmountConverted toABRLoans |  | Amount ofPrincipal ofABR LoansRepaid |        | Amount ofABR LoansConvertedtoEurodollarLoans |  | UnpaidPrincipalBalanceofABR Loans |        | NotationMadeBy |
|   |  |              |   |                       |  |                                 |   |                                         |  |                              |   |           |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |              |   |                       |  |                                 |   |                                         |  |                              |   |           |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |              |   |                       |  |                                 |   |                                         |  |                              |   |           |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |              |   |                       |  |                                 |   |                                         |  |                              |   |           |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |              |   |                       |  |                                 |   |                                         |  |                              |   |           |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |              |   |                       |  |                                 |   |                                         |  |                              |   |           |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |              |   |                       |  |                                 |   |                                         |  |                              |   |           |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |              |   |                       |  |                                 |   |                                         |  |                              |   |           |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |              |   |                       |  |                                 |   |                                         |  |                              |   |           |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |              |   |                       |  |                                 |   |                                         |  |                              |   |           |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |              |   |                       |  |                                 |   |                                         |  |                              |   |           |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |              |   |                       |  |                                 |   |                                         |  |                              |   |           |  |   |   |   |  |   |   |   |  |   |   |   |
|        |

----

Schedule B toTermLoan Note

LOANS, CONTINUATIONS, CONVERSIONS ANDREPAYMENTSOF EURODOLLARLOANS

|        |  |                         |        |                                  |  |                                                    |        |                                            |  |                                             |        |                                         |  |                |        |        |  |        |        |        |  |        |        |        |  |        |        |        |  |  |
|--------|--|-------------------------|--------|----------------------------------|--|----------------------------------------------------|--------|--------------------------------------------|--|---------------------------------------------|--------|-----------------------------------------|--|----------------|--------|--------|--|--------|--------|--------|--|--------|--------|--------|--|--------|--------|--------|--|--|
| Date   |  | AmountofEurodollarLoans |        | AmountConvertedtoEurodollarLoans |  | InterestPeriodandEurodollarRate withRespectThereto |        | AmountofPrincipal ofEurodollarLoans Repaid |  | AmountofEurodollarLoansConverted toABRLoans |        | UnpaidPrincipalBalanceofEurodollarLoans |  | NotationMadeBy |
|   |  |                    |   |                             |  |                                               |   |                                       |  |                                        |   |                                    |  |           |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                    |   |                             |  |                                               |   |                                       |  |                                        |   |                                    |  |           |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                    |   |                             |  |                                               |   |                                       |  |                                        |   |                                    |  |           |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                    |   |                             |  |                                               |   |                                       |  |                                        |   |                                    |  |           |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                    |   |                             |  |                                               |   |                                       |  |                                        |   |                                    |  |           |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                    |   |                             |  |                                               |   |                                       |  |                                        |   |                                    |  |           |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                    |   |                             |  |                                               |   |                                       |  |                                        |   |                                    |  |           |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                    |   |                             |  |                                               |   |                                       |  |                                        |   |                                    |  |           |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                    |   |                             |  |                                               |   |                                       |  |                                        |   |                                    |  |           |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                    |   |                             |  |                                               |   |                                       |  |                                        |   |                                    |  |           |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                    |   |                             |  |                                               |   |                                       |  |                                        |   |                                    |  |           |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                    |   |                             |  |                                               |   |                                       |  |                                        |   |                                    |  |           |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|        |

----

Exhibit IIIto Fourth Amendment

Exhibit U-2 toCredit Agreement

FORM OFQFL TERM LOAN NOTE

THIS QFL TERMLOAN NOTE MAY NOT BE TRANSFERRED EXCEPT IN COMPLIANCE WITH THE TERMSAND PROVISIONS OF THE CREDIT AGREEMENT REFERRED TO BELOW. TRANSFERS OFTHIS QFL TERM LOAN NOTE MUST BE RECORDED IN THE REGISTER MAINTAINED BYTHE ADMINISTRATIVE AGENT PURSUANT TO THE TERMS OF SUCH CREDITAGREEMENT.

| $[                          ] | NewYork, NewYork[                  ],200[  ] |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------|

FOR VALUE RECEIVED, theundersigned, REVLON CONSUMER PRODUCTS CORPORATION, a Delawarecorporation (the "Company"), herebyunconditionally promises to pay[                          ]or its registered assigns (the"Lender") at the office of JPMorganChase Bank, located at 270 Park Avenue, New York, New York 10017, inlawful money of the United States of America and in immediatelyavailable funds, on the Termination Date (as defined in the CreditAgreement referred to below), (a) the principal amount of[$                            ],or, if less, (b) the aggregate unpaid principal amount of the Term[A] Loans made by the Lender pursuant to subsection[2.1][2A.1] of the Credit Agreement, as hereinafterdefined. The Company further agrees to pay interest to Lender in likemoney at such office on the unpaid principal amount hereof from time totime outstanding at the rates and on the dates specified in subsection7.6 of such Credit Agreement.

The holder of this Note isauthorized to endorse on the schedules annexed hereto and made a parthereof or on a continuation thereof which shall be attached hereto andmade a part hereof, the date, type and amount of the Term [A]Loan and the date and amount of each payment or prepayment of principalwith respect thereto, each conversion of all or a portion thereof toanother type, each continuation of all or a portion thereof as the sametype and, in the case of Eurodollar Loans, the length of each InterestPeriod with respect thereto. Each such endorsement shall constituteprima facie evidence of the accuracy of theinformation endorsed. The failure to make any such endorsement shallnot affect the obligations of the Company in respect of such Term[A] Loan.

This Note (a) is one of the QFL Term LoanNotes referred to in the Second Amended and Restated Credit Agreement,dated as of November 30, 2001 (as amended, supplemented or otherwisemodified from time to time, the "CreditAgreement"), among the Company, the Local BorrowingSubsidiaries from time to time parties thereto, the Lender, the otherfinancial institutions from time to time parties thereto and JPMorganChase Bank, as Administrative Agent, (b) is subject to the provisionsof the Credit Agreement and (c) is subject to optional and mandatoryprepayment in whole or in part as provided in the Credit Agreement.This Note is secured and guaranteed as provided in the CreditDocuments. Reference is hereby made to the Credit Documents for adescription of the properties and assets in which a security interesthas been granted, the nature and extent of the security and theguarantees, the terms and conditions upon which the security interestsand each guarantee were granted and the rights of the holder of thisNote in respect thereof.

----

Upon the occurrence of any one or more ofthe Events of Default, all amounts then remaining unpaid on this Noteshall become, or may be declared to be, immediately due and payable,all as provided in the Credit Agreement.

All parties now andhereafter liable with respect to this Note, whether maker, principal,surety, guarantor, endorser or otherwise, hereby waive presentment,demand, protest and all other notices of any kind.

Unlessotherwise defined herein, terms defined in the Credit Agreement andused herein shall have the meanings given to them in the CreditAgreement.

THIS NOTE SHALL BE GOVERNED BY, AND CONSTRUED ANDINTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

|        |  |                                   |  |        |  |  |  |  |  |  |
|--------|--|-----------------------------------|--|--------|--|--|--|--|--|--|
|   |  | REVLONCONSUMERPRODUCTSCORPORATION |
|   |  | By:                               |  |   |
|   |  |                              |  | Title: |
|        |

----

Schedule A toQFLTerm Loan Note

LOANS, CONVERSIONS ANDREPAYMENTS OF ALTERNATE BASE RATE ("ABR")LOANS

|        |  |                    |        |                              |  |                                        |        |                                                  |  |                                      |        |                 |  |        |        |        |  |        |        |        |  |        |        |        |  |  |
|--------|--|--------------------|--------|------------------------------|--|----------------------------------------|--------|--------------------------------------------------|--|--------------------------------------|--------|-----------------|--|--------|--------|--------|--|--------|--------|--------|--|--------|--------|--------|--|--|
| Date   |  | Amountof ABR Loans |        | Amount Converted to ABRLoans |  | Amount of Principal of ABR LoansRepaid |        | Amount of ABR Loans Converted toEurodollar Loans |  | Unpaid Principal Balance ofABR Loans |        | NotationMade by |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |               |   |                         |  |                                   |   |                                             |  |                                 |   |            |  |   |   |   |  |   |   |   |  |   |   |   |
|        |

----

Schedule B toQFLTerm Loan Note

LOANS, CONTINUATIONS,CONVERSIONS AND REPAYMENTS OF EURODOLLAR LOANS

|        |  |                          |        |                                    |  |                                                    |        |                                             |  |                                                 |        |                                            |  |                 |        |        |  |        |        |        |  |        |        |        |  |        |        |        |  |  |
|--------|--|--------------------------|--------|------------------------------------|--|----------------------------------------------------|--------|---------------------------------------------|--|-------------------------------------------------|--------|--------------------------------------------|--|-----------------|--------|--------|--|--------|--------|--------|--|--------|--------|--------|--|--------|--------|--------|--|--|
| Date   |  | Amountof EurodollarLoans |        | Amount Converted toEurodollarLoans |  | InterestPeriodandEurodollarRate withRespectThereto |        | Amountof Principal of EurodollarLoansRepaid |  | Amount of EurodollarLoans Convertedto ABR Loans |        | Unpaid Principal BalanceofEurodollar Loans |  | NotationMade by |
|   |  |                     |   |                               |  |                                               |   |                                        |  |                                            |   |                                       |  |            |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                     |   |                               |  |                                               |   |                                        |  |                                            |   |                                       |  |            |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                     |   |                               |  |                                               |   |                                        |  |                                            |   |                                       |  |            |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                     |   |                               |  |                                               |   |                                        |  |                                            |   |                                       |  |            |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                     |   |                               |  |                                               |   |                                        |  |                                            |   |                                       |  |            |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                     |   |                               |  |                                               |   |                                        |  |                                            |   |                                       |  |            |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                     |   |                               |  |                                               |   |                                        |  |                                            |   |                                       |  |            |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                     |   |                               |  |                                               |   |                                        |  |                                            |   |                                       |  |            |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
|   |  |                     |   |                               |  |                                               |   |                                        |  |                                            |   |                                       |  |            |   |   |  |   |   |   |  |   |   |   |  |   |   |   |
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|        |

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Exhibit IVto Fourth Amendment

Exhibit W toCredit Agreement

FORM OF TERM A LOAN ACTIVATIONNOTICE

|           |                                                                                        |
|-----------|----------------------------------------------------------------------------------------|
| To:  | JPMORGAN CHASEBANK,as Administrative Agent under the Credit Agreement referredto below |

Reference is hereby made to the Credit Agreement, datedas of November 30, 2001 (as amended, supplemented or otherwise modifiedfrom time to time, the "CreditAgreement"), among Revlon Consumer ProductsCorporation (the "Company"), theLocal Borrowing Subsidiaries from time to time parties thereto, thefinancial institutions from time to time parties thereto (the"Lenders"), Citibank, N.A., asdocumentation agent, J.P. Morgan Securities Inc., as arranger, andJPMorgan Chase Bank, as administrative agent (in such capacity, the"Administrative Agent"). Termsdefined in the Credit Agreement shall have their defined meanings whenused herein.

This notice is a Term A Loan Activation Noticereferred to in the Credit Agreement, and the Company and each of theLenders party hereto hereby notify youthat:

|          |                                                                                                                                                      |
|----------|------------------------------------------------------------------------------------------------------------------------------------------------------|
| 1.  | Each Lender party hereto agrees tomake a Term A Loan in the amount set forth opposite such Lender'sname below under the caption "Term A LoanAmount." |

|          |                                                                                                                                                                                                         |
|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2.  | The Term A LoanBorrowing Date shall be                      ,200    . |

----

IN WITNESS WHEREOF, the undersigned haveexecuted this Term A Loan Activation Notice this       day of                            ,200    .

|                                            |  |                         |  |                                     |  |        |  |  |  |  |  |  |  |  |
|--------------------------------------------|--|-------------------------|--|-------------------------------------|--|--------|--|--|--|--|--|--|--|--|
|                                       |  |                    |  | REVLON CONSUMER PRODUCTSCORPORATION |
|                                       |  |                    |  | By:                                 |  |   |
|                                       |  |                    |  | Name:Title:                         |
| Term A LoanAmount                          |  | [INSERT NAME OF LENDER] |
| $                                          |  | By:                     |  |                                |
|                                       |  |                    |  | Name:Title:                         |
| CONSENTED TO:                              |  |
| JPMORGAN CHASE BANK,asAdministrative Agent |  |
| By:                                        |  |                    |  |
|                                       |  | Name:Title:             |  |
|                                            |

----

Exhibit Vto Fourth Amendment

Exhibit Xto Credit Agreement

FORM OF NEW LENDER SUPPLEMENT

NEW LENDER SUPPLEMENT(this "New Lender Supplement"),dated             ,200  , to the Credit Agreement, dated as of November 30,2001 (as amended, supplemented or otherwise modified from time to time,the "Credit Agreement"), amongRevlon Consumer Products Corporation (the"Company"), the Local BorrowingSubsidiaries from time to time parties thereto, the financialinstitutions from time to time parties thereto (the"Lenders"), Citibank, N.A., asdocumentation agent, J.P. Morgan Securities Inc., as arranger, andJPMorgan Chase Bank, as administrative agent (in such capacity, the"Administrative Agent").

W I T N E S S E T H :

WHEREAS, the Credit Agreementprovides in Section 2A.1 thereof that any bank, financial institutionor other entity may become a party to the Credit Agreement with theconsent of the Company and the Administrative Agent (which consentshall not be unreasonably withheld) by executing and delivering to theCompany and the Administrative Agent a supplement to the CreditAgreement in substantially the form of this New Lender Supplement;and

WHEREAS, the undersigned now desires to become a party tothe Credit Agreement;

NOW, THEREFORE, the undersigned herebyagrees as follows:

1. The undersigned agreesto be bound by the provisions of the Credit Agreement, and agrees thatit shall, on the date this New Lender Supplement is accepted by theCompany and the Administrative Agent, become a Lender for all purposesof the Credit Agreement to the same extent as if originally a partythereto, with Term A Loans of$                    .

2. The undersigned (a) represents and warrantsthat it is legally authorized to enter into this New Lender Supplement;(b) confirms that it has received a copy of the Credit Agreement,together with copies of the financial statements referred to insubsection 8.9 thereof and such other documents and information as ithas deemed appropriate to make its own credit analysis and decision toenter into this New Lender Supplement; (c) agrees that it has made andwill, independently and without reliance upon any Agent or any otherLender and based on such documents and information as it shall deemappropriate at the time, continue to make its own credit decisions intaking or not taking action under the Credit Agreement or anyinstrument or document furnished pursuant hereto or thereto; (d)appoints and authorizes the Administrative Agent to take such action asagent on its behalf and to exercise such powers and discretion underthe Credit Agreement or any instrument or document furnished pursuanthereto or thereto as are delegated to the Administrative Agent by theterms thereof, together with such powers as are incidental thereto; and(e) agrees that it will be bound by the provisions of the CreditAgreement and will perform in accordance with its terms all theobligations which by the terms of the Credit Agreement are required tobe performed by it as a Lender including, without limitation, if it isorganized under the laws of a jurisdiction outside the United States,its obligation pursuant to Section 7.13(b) of the CreditAgreement.

----

3. The address of theundersigned for notices for the purposes of the Credit Agreement is asfollows:

4. Terms defined in the CreditAgreement shall have their defined meanings when usedherein.

----

IN WITNESS WHEREOF, the undersigned hascaused this New Lender Supplement to be executed and delivered by aduly authorized officer on the date first above written.

|                                                                                                                                                                                                                                                                           |  |                                                                                                                                                                                                                                                                                                                                                  |  |                                                                                                                                                                                                                                                                                                                                                                                                  |  |              |  |  |  |  |  |  |  |  |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|--------------|--|--|--|--|--|--|--|--|
|                                                                                                                                                                                                                                                                      |  |                                                                                                                                                                                                                                                                                                                                             |  | [INSERT NAME OFLENDER]                                                                                                                                                                                                                                                                                                                                                                           |
|                                                                                                                                                                                                                                                                      |  | By                                                                                                                                                                                                                                                                                                                                               |  |                                                                  |
|                                                                                                                                                                                                                                                                      |  |                                                                                                                                                                                                                                                                                                                                             |  |                                                                                                                                                                                                                                                                                                                                                                                             |  | Name: Title: |
| Accepted this           day of                            ,200  . |  |
| REVLON CONSUMER PRODUCTSCORPORATION                                                                                                                                                                                                                                       |  |
| By                                                                                                                                                                                                                                                                        |  |                                                          |  |
|                                                                                                                                                                                                                                                                      |  | Name: Title:                                                                                                                                                                                                                                                                                                                                     |  |
| Accepted this         day of                            ,200  .             |  |
| JPMORGAN CHASE BANK, asAdministrative Agent                                                                                                                                                                                                                               |  |
| By                                                                                                                                                                                                                                                                        |  |                                                          |  |
|                                                                                                                                                                                                                                                                      |  | Name:Title:                                                                                                                                                                                                                                                                                                                                      |  |
|                                                                                                                                                                                                                                                                           |

----