Document:

AMENDMENT TO AMENDED AND RESTATED
                            ASSET PURCHASE AGREEMENT

         THIS AMENDMENT TO AMENDED AND RESTATED ASSET PURCHASE AGREEMENT (this
"Amendment") is executed as of September 13, 2000, by and among SIMULA, INC., an
Arizona corporation ("Simula"), and a wholly-owned subsidiary of Simula, CCEC
CAPITAL CORP., an Arizona corporation, f/k/a Coach and Car Equipment Corporation
("Seller"), and COACH AND CAR EQUIPMENT CORP., a Nevada corporation, f/k/a Coach
and Car Acquisition Corp. ("Purchaser"), and Purchaser's affiliated corporation,
BEACON INDUSTRIES, INC., a Nevada corporation ("Beacon").

                              PRELIMINARY STATEMENT

         I. The parties hereto entered into an Amended and Restated Asset
Purchase Agreement dated August 31, 1999 (the "Purchase Agreement"). In the
Purchase Agreement, the purchase price for the assets was Ten Million Dollars
($10,000,000). In connection therewith, Purchaser executed a promissory note in
the principal amount of Nine Million Nine Hundred Ninety Six Thousand Dollars
($9,996,000) in favor of Seller maturing on October 15, 1999 (the "Original
Note") All capitalized terms not otherwise defined herein have the meaning set
forth in the Purchase Agreement.

         II. The parties agreed to refinance the Original Note pursuant to a
Note Refinancing Agreement dated October 21, 1999 (the "Note Refinancing
Agreement"). Pursuant to the Note Refinancing Agreement, Purchaser executed two
promissory notes in the principal amount of One Million Nine Hundred Ninety Six
Thousand Dollars ($1,996,000) and Eight Million One Hundred Eighteen Thousand
Eight Dollars ($8,118,008), respectively, in favor of Seller (the "Refinancing
Notes").

                                      -1-

<PAGE>

         III. The parties desire to amend the purchase price in the Purchase
Agreement, as well as the Refinancing Notes, to adjust the purchase price to the
reduced price agreed upon by both parties.

         NOW, THEREFORE, in consideration of the premises and the mutual
covenants of the parties herein set forth, it is agreed by the parties as
follows:

                                    SECTION 1

                        AMENDMENT TO PURCHASE AGREEMENT

         PURCHASE PRICE ADJUSTMENT. Section 1.2 of the Purchase Agreement is
restated in its entirety to read as follows:

             "1.2 PURCHASE PRICE AND PAYMENT FOR COVENANTS. At closing,
         Purchaser shall purchase the Assets for Four Million Sixty Two Thousand
         Five Hundred Dollars ($4,062,500). The purchase price will be paid by
         (i) Two Million Dollars ($2,000,000) in cash or cash equivalent, on or
         before September 13, 2000, and (ii) Purchaser's promissory note in the
         amount of Two Million Sixty Two Thousand Five Hundred Dollars
         ($2,062,500), in the form of Exhibit "A" attached hereto (the "Note").
         The Note shall be secured by that certain Security Agreement between
         Purchaser, as debtor, and Seller, as secured party, dated October 21,
         1999, by that certain Guarantee of Beacon Industries, Inc. dated
         October 21, 1999, and by a pledge by Beacon's controlling shareholder
         of the common stock in Beacon held by such shareholder, evidenced by a
         Pledge and Proxy Security Agreement in the form of Exhibit "B"."

                                      -2-

<PAGE>

                                    SECTION 2

                                NOTE REISSUANCE

         CANCELLATION OF REFINANCING NOTES; EXECUTION OF NEW NOTE. Upon the
execution of this Amendment, the Refinancing Notes shall be cancelled and of no
effect and shall be delivered to Purchaser and replaced by Purchaser's
promissory note in the amount of Two Million Sixty Two Thousand Five Hundred
Dollars ($2,062,500) with an annual interest rate of 8 1/2% payable on the terms
and conditions as set forth in the form note attached as Exhibit A, maturing on
September 13, 2004 (the "New Note"). The New Note must be prepaid in certain
circumstances, in accordance with the terms of the New Note. The New Note shall
be secured by that certain Security Agreement between Purchaser, as debtor, and
Seller, as secured party, dated October 21, 1999 (the "Security Agreement"), by
that certain Guarantee of Beacon Industries, Inc. dated October 21, 1999 (the
"Guarantee"), and by the pledge by Beacon's controlling shareholder of the
common stock held in Beacon, through a Pledge and Proxy Security Agreement in
the form of Exhibit B. Seller hereby agrees that all Pledge and Proxy Security
Agreements entered into prior to the date hereof by Scott Miller with respect to
common stock in Purchaser held by Mr. Miller (including the Pledge and Proxy
Security Agreements dated August 31, 1999 and October 21, 1999) are hereby
terminated and deemed of no further force and effect.

                                    SECTION 3

                                    CLOSING

         CLOSING. The purchase price amendment, cancellation of the Refinancing
Notes, the New Note issuance and all other activities provided for herein shall
take place at such time and place as mutually agreed upon by the parties (the
"Closing"). At the Closing:

    (a)  Purchaser shall pay or cause to be paid the sum of Two Million Dollars
($2,000,000) in cash to Simula;

    (b)  the parties shall execute and deliver to the appropriate parties all
agreements and documents contemplated in this Amendment;

                                      -3-

<PAGE>

    (c)  Purchaser will execute and deliver the New Note to Simula;

    (d)  Purchaser will execute and deliver to Simula a new financing statement
on the Collateral (as defined in the Security Agreement) and Scott Miller will
execute and deliver to Simula a new financing statement on certain shares of the
common stock of Beacon;

    (e)  Seller will deliver the Refinancing Notes to Purchaser, marked
cancelled, null and void; and

    (f)  Seller will deliver to Purchaser the stock certificates of Purchaser
held in the name of Scott Miller, together with the corresponding stock powers
previously executed by Scott Miller with respect to such certificates.

                                    SECTION 4

                         REPRESENTATIONS AND WARRANTIES

         ALL PARTIES.  Each party hereto represents and warrants the following:
    (a)  it has taken all actions required by law and its Articles of
Incorporation and Bylaws to authorize the execution and delivery of this
Amendment;

    (b)  neither the execution nor the delivery of this Amendment will (I)
violate any provision of such party's Articles of Incorporation or Bylaws; (ii)
violate or constitute a default under any agreement in which such party is a
party; or (iii) require the agreement or consent of any other party not already
given, or (iv) violate any material statute or laws or any judgment, decree,
order, regulation or rule of any court or governmental authority to which such
party is subject; and

    (c)  this Amendment is a valid and legally binding obligation of such party
enforceable in accordance with its terms except as such enforceability may be
limited by applicable bankruptcy, insolvency, reorganization or similar laws
relating to or affecting the rights and remedies of creditors generally and by
general principles of equity.

                                      -4-

<PAGE>

                                    SECTION 5

                                    COVENANTS

         PRESS RELEASES. Except as otherwise required by law, no party shall
issue any press releases or otherwise make public statements with respect to the
transactions contemplated by this Agreement or by the Purchase Agreement without
the prior consent of the other parties. The parties will cooperate in issuing
any such press release or statement.

                                    SECTION 6

                BRING-FORWARD OF SECURITY AGREEMENT AND GUARANTEE

         6.1 SECURITY AGREEMENT. In connection with this Amendment, Purchaser
agrees that the indebtedness represented by the New Note shall be included in
the definition of "Indebtedness" within the Security Agreement, and Purchaser
reaffirms the provisions of the Security Agreement.

         6.2 GUARANTEE. In connection with this Amendment, Beacon agrees that
the indebtedness represented by the New Note shall be included in the definition
of "Obligations" within the Guarantee, and Beacon reaffirms the provisions of
the Guarantee.

                                    SECTION 7

                                      TAXES

         Seller and Purchaser agree that the transaction contemplated by this
Amendment constitutes a purchase price adjustment of the Assets pursuant to
section 108(e)(5) of the Internal Revenue Code of 1986, as amended.

                                    SECTION 8

                                  RATIFICATION

         RATIFICATION. Other than those changes or modifications expressly
provided herein, no changes or modifications are made to the Purchase Agreement,
including, without limitation, all exhibits, agreements, documents, and
covenants thereto relating. The terms and provisions set forth in this Amendment
shall modify and supersede all inconsistent terms and provisions set forth in
the Purchase Agreement and, except as expressly modified and superseded by this
Amendment, the terms and provisions of the Purchase Agreement, the Security
Agreement, the Guarantee, and the Pledge and Proxy Security Agreement are

                                      -5-

<PAGE>

ratified and confirmed and shall continue in full force and effect. Purchaser
and Seller hereby agree that the Purchase Agreement as amended hereby shall
continue to be legal, valid, binding and enforceable in accordance with its
terms. Nothing in this Agreement shall be deemed to require the updating of any
schedules to the Purchase Agreement. Other than as made herein, Seller and
Simula make no representations, warranties or covenants other than those set
forth in the Purchase Agreement and the Note Refinancing Agreement, which have
not been brought forward to the date of this Amendment.

                                    SECTION 9

                                  MISCELLANEOUS

         9.1 COUNTERPARTS. This Amendment may be executed in any number of
counterparts, each of which shall be deemed an original, but all of which
together shall constitute but one and the same instrument.

         9.2 AMENDED REFERENCE. The Purchase Agreement and all other documents,
agreements and instruments executed in connection with the Purchase Agreement
now in existence or hereafter executed and delivered pursuant to the terms
hereof or the terms of the Purchase Agreement as amended hereby, are hereby
amended so that any reference to the Purchase Agreement shall mean a reference
to the Purchase Agreement as amended hereby.

                            [signature page follows]

                                      -6-

<PAGE>

IN WITNESS WHEREOF, the parties have duly executed this Agreement on the date
first set forth above.

SIMULA, INC., an Arizona corporation CCEC CAPITAL CORP., an Arizona corporation,

                                      formerly known as Coach and Car Equipment

                                      Corporation

By     /s/ BRAD FORST                                By   /s/ BRAD FORST
  ------------------------------                       -------------------------
Its   EXECUTIVE VICE PRESIDENT                       Its   PRESIDENT
   -----------------------------                        ------------------------

COACH AND CAR EQUIPMENT CORP.,  BEACON INDUSTRIES, INC., a Nevada corporation,

a Nevada corporation, formerly known as

Coach and Car Acquisition Corp.

By    /s/ SCOTT MILLER                               By   /s/ SCOTT MILLER
  ------------------------------                       -------------------------
Its   CEO AND TREASURER                              Its   PRESIDENT
   -----------------------------                        ------------------------

ACKNOWLEDGED BY:

GREENFIELD COMMERCIAL CREDIT, L.L.C,

a Michigan limited liability company

By  DONALD G. BARR, JR.
  ------------------------------------------
Its  PRESIDENT
   -----------------------------------------

                                      -7-AMENDMENT AGREEMENT NO. 3

                    TO AMENDED AND RESTATED CREDIT AGREEMENT

         THIS AMENDMENT AGREEMENT NO. 3 TO AMENDED AND RESTATED CREDIT AGREEMENT
(this "Amendment Agreement") is made and entered into as of this 6th day of
November, 2000, by and among GERALD STEVENS, INC., a Florida corporation (the
"Parent"), GERALD STEVENS RETAIL, INC., a Delaware corporation (collectively
with the Parent, the "Borrower"), BANK OF AMERICA, N.A., successor by merger of
NationsBank, N.A., a national banking association, as Agent (the "Agent") for
the Lenders parties, from time to time (the "Lender" or "Lenders" as the case
may be), to the Credit Agreement described below.

                              W I T N E S S E T H:

         WHEREAS, the Borrower, the Agent and Bank of America, N.A., as Lender,
have entered into an Amended and Restated Credit Agreement dated June 4, 1999,
as amended by Amendment Agreement No. 1 dated as of June 13, 2000 and Amendment
No. 2 dated July 31, 2000 (the "Credit Agreement") pursuant to which the Lender
has agreed to make available to the Borrower a revolving credit facility of up
to $36,000,000; and

         WHEREAS, each Subsidiary of the Parent (other than the Borrower) (each
a "Guarantor" and collectively the "Guarantors") have executed a Facility
Guaranty pursuant to which the Guarantors have guaranteed the payment and
performance of the Borrowers' Obligations arising under the Credit Agreement;
and

         WHEREAS, the Borrower has requested that the Lender make available to
the Borrower a short term working capital facility of $7,000,000 in addition to
the revolving credit facility and that the Credit Agreement be further amended
pursuant to the terms and conditions set forth herein; and

         WHEREAS, the Lender is willing to provide the additional working
capital facility and to so amend the Credit Agreement upon the terms and
conditions hereinafter set forth;

         NOW, THEREFORE, in consideration of the mutual covenants, promises and
conditions herein set forth, it is hereby agreed as follows:

         1. Definitions. The term "Credit Agreement" as used herein and in the
Loan Documents shall mean that certain Credit Agreement as heretofore and hereby
amended and as from time to time further amended or modified. Unless the context
otherwise requires, all capitalized terms used herein without definition shall
have the respective meanings provided therefor in the Credit Agreement.

         2. Amendments. Subject to the conditions set forth herein, the Credit
Agreement shall be and hereby is amended, effective as of the date hereof, as
follows:

                                       1

<PAGE>

                  (a) The Lenders shall continue to make Advances, Swing Line
         Loans and issue Letters of Credit subject to the terms of the Credit
         Agreement and Amendment No. 3; provided, however, that Eurodollar Rate
         Loans shall not be available pursuant to Sections 2.1 and 2.8 and all
         Loans shall bear interest at the Base Rate.

                  (b) The following new definitions are hereby added to Section
         1.2 in the appropriate alphabetical order:

                           "Amendment No. 3" means Amendment Agreement No. 3
                  dated November 6, 2000 to this Agreement.

                           "Bank of America" means Bank of America, N.A.

                           "Blocked Account" means one or more accounts
                  established by the Agent for the benefit of the Agent and the
                  Lenders over which the Agent shall have complete dominion and
                  control in accordance with the terms of the Blocked Account
                  Agreement.

                           "Blocked Account Agreement" means the Blocked Account
                  Agreement in the form of Exhibit L executed by the Parent and
                  its Subsidiaries and delivered to the Agent for the
                  establishment of the Blocked Accounts, as the same may be
                  amended, modified, supplemented or restated from time to time.

                            "Tier I Proceeds" means the first $7,000,000 (on a
                  cumulative basis) of the Net Proceeds from the sale of Maple
                  Lee Farm `N' Garden Center, Avant Gardens and all Asset
                  Dispositions occurring after the date of Amendment No. 3.

                           "Tier II Proceeds" means the next $3,000,000 after
                  the Tier I Proceeds (on a cumulative basis) of the Net
                  Proceeds from all Asset Dispositions occurring after the date
                  of Amendment No. 3.

                           "Tier III Proceeds" means the next $5,000,000 after
                  the Tier II Proceeds (on a cumulative basis) of the Net
                  Proceeds from all Asset Dispositions occurring after the date
                  of Amendment No. 3.

                           "Tier IV Proceeds" means the next $13,000,000 after
                  the Tier III Proceeds (on a cumulative basis) of the Net
                  Proceeds from all Asset Dispositions occurring after the date
                  of Amendment No. 3.

                           "Tier V Proceeds" means all of the Net Proceeds from
                  all Asset Dispositions after the Tier IV Proceeds occurring
                  after the date of Amendment No. 3.

                           "Total Working Capital Commitment" means an amount
                  not to exceed $7,000,000.

                                       2

<PAGE>

                           "Working Capital Commitment" means, with respect to
                  each Lender, the obligation of such Lender to make Working
                  Capital Loans to the Borrower up to an aggregate principal
                  amount at any one time outstanding equal to such Lender's
                  Applicable Commitment Percentage of the Total Working Capital
                  Commitment.

                           "Working Capital Facility" means the facility
                  described in Section 2.15 hereof providing for Working Capital
                  Loans to the Borrower by the Lenders in the aggregate
                  principal amount of the Total Working Capital Commitment.

                           "Working Capital Loans" means any borrowing pursuant
                  to an Advance under the Working Capital Facility in accordance
                  with Section 2.15.

                           "Working Capital Outstandings" means, as of any date
                  of determination, the aggregate amount of all Working Capital
                  Loans then outstanding.

                           "Working Capital Note" means, collectively, the
                  promissory notes of the Borrower evidencing Working Capital
                  Loans executed and delivered to the Lenders as provided in
                  Section 2.5(c) substantially in the form of Exhibit F-3, with
                  appropriate insertions as to amounts, dates and names of
                  Lenders.

                           "Working Capital Termination Date" means (i) February
                  28, 2001 or (ii) such earlier date of termination of the
                  Lenders' obligations pursuant to Section 10.1 upon the
                  occurrence of an Event of Default, or (iii) such date as the
                  Borrower may voluntarily and permanently terminate the Working
                  Capital Facility by payment, whether mandatory or voluntary,
                  in full of all Working Capital Outstandings.

                  (c) The following definitions in Section 1.2 are hereby
         amended in their entirety so that as amended they shall read as
         follows:

                           "Advance" means a borrowing under the Revolving
                  Credit Facility or the Working Capital Facility.

                           "Applicable Margin" means from the date of Amendment
                  No. 3 two percent (2%) for Base Rate Loans.

                           "Loan" or "Loans" means, collectively, the Swing Line
                  Loans, the Revolving Loans and the Working Capital Loans.

                           "Outstandings" means, collectively, at any date, the
                  Letter of Credit Outstandings, Swing Line Oustandings,
                  Revolving Credit Outstandings and Working Capital Outstandings
                  on such date.

                           "Notes" means, collectively, the Revolving Notes, the
                  Swing Line Notes and the Working Capital Notes.

                                       3

<PAGE>

                           "Stated Termination Date" means June 30, 2002.

                           "Total Letter of Credit Commitment" means an amount
                  not to exceed $1,750,000.

                           "Total Revolving Credit Commitment" means a principal
                  amount equal to $36,000,000, as such amount is reduced from
                  time to time in accordance with Sections 2.7 and 2.14.

                  (d) The last sentence in Section 2.1(b) is hereby deleted in
         its entirety.

                  (e) A new subsection (d) is hereby added to Section 2.1 to
         read as follows:

                           (d) The Borrower shall repay Revolving Credit
                  Outstandings by the amount of cash balances of the Parent and
                  its Subsidiaries, on a consolidated basis, at the end of each
                  Business Day. Amounts so repaid under this Section 2.1(d) may
                  be reborrowed in accordance with the other provisions of this
                  Section 2.1.

                  (f) The last sentence of Section 2.2(b) is hereby amended in
         its entirety so that as amended it reads as follows: "Interest on each
         Loan shall be paid monthly in arrears on the last Business Day of each
         calendar month and upon payment in full of the principal amount of such
         Loan."

                  (g) The last sentence in Section 2.3 is hereby deleted in its
         entirety.

                  (h) Section 2.5 is hereby amended by adding a new subsection
         (c) to read as follows:

                           (c) Working Capital Notes. Working Capital Loans made
                  by each Lender shall be evidenced by the Working Capital Note
                  payable to the order of such Lender in the respective amount
                  of its Applicable Commitment Percentage of the Total Working
                  Capital Commitment, which Working Capital Note shall be dated
                  as of the date of Amendment No. 3 or a later date pursuant to
                  an Assignment and Acceptance and shall be duly completed,
                  executed and delivered by the Borrower.

                  (i) Section 2.14 is hereby amended in its entirety so that as
         amended it reads as follows:

                           2.14 Mandatory Prepayments. (a) The Borrower shall
                  make, or shall cause each applicable Subsidiary to make,
                  unless the Lenders agree otherwise, a prepayment from the
                  proceeds, to the extent received on or subsequent to the date
                  of Amendment No. 3, of (i) each private or public offering of
                  equity securities of the Parent or any Subsidiary (other than
                  securities issued by a Subsidiary to the

                                       4

<PAGE>

                  Parent) in an amount equal to seventy-five percent (75%) of
                  the Net Proceeds of each issuance of equity securities of the
                  Parent or any Subsidiary (including without limitation any
                  security not constituting Indebtedness exchangeable,
                  exercisable or convertible for or into equity securities), and
                  (ii) the issuance of any Indebtedness for Money Borrowed
                  permitted by the Required Lenders, in an amount equal to one
                  hundred percent (100%) of the Net Proceeds from the issuance
                  of such Indebtedness excluding Indebtedness permitted to be
                  issued under Section 9.5(d), (f) and (g).

                           (b) The Borrower shall make, or shall cause each
                  applicable Subsidiary to make, unless the Lenders agree
                  otherwise, a prepayment from the Net Proceeds of each Asset
                  Disposition not otherwise permitted under Section 9.6 which is
                  approved by the Lender in an amount equal to (i) one hundred
                  percent (100%) of the Tier I Proceeds, (ii) one hundred
                  percent (100%) of the Tier II Proceeds, (iii) one hundred
                  percent (100%) of the Tier IV Proceeds, and (iv) eighty
                  percent (80%) of the Tier V Proceeds. No prepayments shall be
                  required with respect to the Tier III Proceeds.

                           (c) All mandatory prepayments made pursuant to this
                  Section 2.14 shall be (i) made simultaneously with the receipt
                  of such Net Proceeds and shall be accompanied or preceded by
                  written notice to the Agent, which notice shall include a
                  certificate of an Authorized Representative setting forth in
                  reasonable detail the calculations utilized in computing the
                  amount of such prepayment and (ii) applied first to
                  permanently reduce the Working Capital Outstandings and the
                  Total Working Capital Commitment and then to permanently
                  reduce the Revolving Credit Outstandings and the Total
                  Revolving Credit Commitment.

                  (j) A new Section 2.15 is hereby added to read as follows:

                           2.15 Working Capital Facility. Subject to the terms
                  and conditions of this Agreement, each Lender severally agrees
                  to make Advances to the Borrower under the Working Capital
                  Facility from time to time from the date of Amendment No. 3
                  until the Working Capital Termination Date on a pro rata basis
                  as to the total borrowing requested by the Borrower on any day
                  determined by such Lender's Applicable Commitment Percentage
                  up to but not exceeding the Working Capital Commitment of such
                  Lender; provided, however, that the Lenders will not be
                  required and shall have no obligation to make any such Advance
                  (i) so long as a Default or Event of Default has occurred and
                  is continuing or (ii) if the Agent has accelerated the
                  maturity of any of the Notes as a result of an Event of
                  Default; provided, further, however, that immediately after
                  giving effect to each such Advance, the amount of Working
                  Capital Outstandings shall not exceed the Total Working
                  Capital Commitment; provided, further, that the availability
                  of the Working Capital Facility shall be limited to $2,000,000
                  on the date of Amendment No. 3 and such availability will
                  increase by $1,000,000 on each one week anniversary thereafter
                  until the Total Working Capital Commitment is available.
                  Within such limits, the Borrower may borrow under

                                       5

<PAGE>

                  the Working Capital Facility on a Business Day from the
                  Closing Date until, but not including, the Working Capital
                  Termination Date. Except as otherwise permitted by the Lenders
                  from time to time, the amount of Working Capital Outstandings
                  shall not exceed at any time the Total Working Capital
                  Commitment, and, in the event there shall be any such excess,
                  the Borrower shall immediately make such payments and
                  prepayments as shall be necessary to comply with this
                  restriction. If the Working Capital Termination Date occurs as
                  a result of subsection (i) of the definition of Working
                  Capital Termination Date and there is availability under the
                  Revolving Credit Facility on such date, the Borrower may repay
                  the Working Capital Outstandings with Revolving Loans to the
                  extent the Total Revolving Credit Commitment exceeds the sum
                  of the Letter of Credit Outstandings, Swing Line Outstandings
                  and Revolving Credit Outstandings, notwithstanding anything in
                  Section 2.3 to the contrary. Advances under the Working
                  Capital Facility may be used for working capital purposes.
                  Amounts may not be reborrowed under the Working Capital
                  Facility once repaid.

                  (k) A new Section 4.5 is hereby added to Article IV to read as
         follows:

                           4.5 Blocked Accounts. As security for the full and
                      timely payment and performance of (a) all Obligations now
                      existing or hereafter arising and (ii) if applicable, the
                      Guarantors' Obligations under the Facility Guaranty, the
                      Borrower shall, and shall cause each Guarantor to, on or
                      before the date of Amendment No. 3, deliver to the Agent,
                      in form and substance reasonably acceptable to the Agent,
                      the Blocked Account Agreement to establish the Blocked
                      Accounts and shall make all payments and cause its
                      Subsidiaries to make all payments received from account
                      debtors exclusively to the Blocked Accounts. The Borrower
                      shall cause all credit card clearing amounts to be paid
                      directly to the Blocked Accounts. All receipts in the
                      Blocked Accounts shall be deposited daily into a deposit
                      account or accounts maintained by the Agent or an
                      affiliate of the Agent pursuant to the Blocked Account
                      Agreement as security for the Revolving Credit Facility
                      and Working Capital Facility.

                  (l) A new Section 6.3 is hereby added which shall read as
         follows:

                           6.3 Conditions of Working Capital Loans. The
                      obligations of the Lenders to make any Working
                      Capital Loans hereunder on or subsequent to the date
                      of Amendment No. 3 are subject to the satisfaction of
                      the following conditions:

                                    (a) the Agent shall have received a
                           Borrowing Notice;

                                    (b) after giving effect to Amendment No. 3
                           the representations and warranties of the Credit
                           Parties set forth in Article VII and in each of the
                           other Loan Documents shall be true and correct in all
                           material respects on and as of the date of such
                           Advance with the same effect as though such
                           representations and warranties had been made on and
                           as of such date, except to the extent that such
                           representations and warranties expressly

                                       6

<PAGE>

                           relate to an earlier date and except that the
                           financial statements referred to in Section 7.6(a)(i)
                           shall be deemed to be those financial statements most
                           recently delivered to the Agent and the Lenders
                           pursuant to Section 8.1 from the date financial
                           statements are delivered to the Agent and the Lenders
                           in accordance with such Section;

                                    (c) at the time of (and after giving effect
                           to) each Advance, no Default or Event of Default
                           specified in Article X shall have occurred and be
                           continuing;

                                    (d) immediately after giving effect to a
                           Working Capital Loan, the aggregate principal balance
                           of all Working Capital Loans for each Lender shall
                           not exceed such Lender's Working Capital Commitment
                           and the aggregate principal amount of Working Capital
                           Outstandings shall not exceed the Total Working
                           Capital Commitment; and

                                    (e) Bank of America, as Lender, shall have
                           entered into a participation agreement, in form and
                           substance acceptable to it in its sole discretion,
                           with certain members of management of the Parent
                           pursuant to which such members of management of the
                           Parent shall agree to participate in the Working
                           Capital Commitment for $1,000,000.

                  (m) A new Section 7.22 is hereby added to Article VII which
         section shall read as follows:

                           "7.22 Blocked Account Agreement. All obligors,
                  account parties and licensees of the Borrower and its
                  Subsidiaries have been instructed to direct all payments to
                  the appropriate Blocked Account."

                  (n) Paragraph (k) of Section 8.1 is hereby amended by deleting
         the word "eight" in the second line thereof and inserting in lieu
         thereof the word "thirteen".

                  (o) New Sections 8.22, 8.23 and 8.24 are hereby added to
         Article VIII which sections shall read as follows:

                           "8.22 Board Member. The Parent shall permit the Agent
                  to designate one board member to the board of directors of the
                  Parent at such time as the Agent chooses to do so in its sole
                  discretion. The Parent shall take any and all such corporate
                  actions as shall be necessary to appoint such board member
                  promptly following such designation.

                           8.23 Operation Plan Analysis. The Borrower shall
                  provide the Agent an analysis of the Borrowers' operations,
                  including but not limited to an analysis of core versus
                  non-core business units not later than January 16, 2001."

                                       7

<PAGE>

                  (p) Section 9.1 is hereby amended in its entirety so that as
         amended it shall read as follows:

                           "9.1 Financial Covenants.
                                 -------------------
                           (a) Minimum Consolidated EBITDA. Permit Consolidated
                  EBITDA (a) as of the end of the 3 month fiscal period ending
                  February 28, 2001 to be less than $7,200,000, (b) as of the
                  end of the 6 month fiscal period ending May 31, 2001 to be
                  less than $14,000,000, (c) as of the end of the 9 month fiscal
                  period ending August 31, 2001 to be less than $13,200,000, and
                  (d) as of the end of any Four-Quarter Period ending on or
                  after November 30, 2001 to be less than $13,750,000."

                           (b) Maximum Capital Expenditures. Make or become
                  committed to make Capital Expenditures (on a noncumulative
                  basis, with the effect that amounts not expended may not be
                  carried forward to a subsequent period) which exceed in the
                  aggregate in any fiscal quarter $500,000; provided, that the
                  Parent and its Subsidiaries may also expend up to $3,800,000
                  in Capital Expenditures in connection with the acquisition and
                  implementation of a standardized point of sale and management
                  information system."

                  (q) Section 13.5 is hereby amended by inserting the following
         phrase at the end of the first sentence thereof: "and the reasonable
         fees and expenses of PriceWaterhouseCoopers to follow up on work
         previously performed for the Agent, as may be requested from time to
         time by the Agent."

                  (r) Exhibit A is hereby amended in its entirety and shall be
         in the form of Exhibit A attached to this Amendment Agreement.

                  (s) Exhibit D-1 is hereby amended in its entirety and shall be
         in the form of Exhibit D-1 attached to this Amendment Agreement.

                  (t) A new Exhibit F-3 is hereby added to the Credit Agreement
         and shall be in the form of Exhibit F-3 attached to this Amendment
         Agreement.

                  (u) Exhibit H is hereby amended in its entirety and shall be
         in the form of Exhibit H attached to this Amendment Agreement.

                  (v) A new Exhibit L is hereby added to the Credit Agreement
         and shall be in the form of Exhibit L attached to this Amendment
         Agreement.

                  (w)      Schedule 2.14 is hereby deleted in its entirety.

         3. Guarantors. Each of the Guarantors has joined into the execution of
this Amendment Agreement for the purpose of consenting to the amendment
contained herein and

                                       8

<PAGE>

reaffirming its guaranty of the Obligations as increased by the terms of this
Amendment Agreement.

         4. Borrower's Representations and Warranties. The Borrower and the
Guarantors each hereby represent, warrant and certify that:

                  (a) The representations and warranties made by it in Article
         VII of the Credit Agreement are true on and as of the date hereof
         before and after giving effect to this Amendment Agreement except that
         the financial statements referred to in Section 7.6(a) shall be those
         most recently furnished to each Lender pursuant to Section 8.1(a) and
         (b) of the Credit Agreement;

                  (b) It has the power and authority to execute and perform this
         Amendment Agreement and has taken all action required for the lawful
         execution, delivery and performance thereof;

                  (c) Except as disclosed to the Lender in writing, there has
         been no material adverse change in the consolidated condition,
         financial or otherwise, of the Parent and its Subsidiaries, taken as a
         whole, since the date of the most recent financial reports of the
         Parent received by each Lender under Section 8.1 of the Credit
         Agreement, other than changes in the ordinary course of business, none
         of which has been a material adverse change;

                  (d) The business and properties of the Parent and its
         Subsidiaries are not, and since the date of the most recent financial
         report of the Parent and its Subsidiaries received by the Lender under
         Section 8.1 of the Credit Agreement have not been, adversely affected
         in any substantial way as the result of any fire, explosion,
         earthquake, accident, strike, lockout, combination of workmen, flood,
         embargo, riot, activities of armed forces, war or acts of God or the
         public enemy, or cancellation or loss of any major contracts; and

                  (e) After giving effect to this Amendment Agreement, no event
         has occurred and no condition exists which, upon the consummation of
         the transaction contemplated hereby, constituted a Default or an Event
         of Default on the part of the Parent or the Borrower under the Credit
         Agreement or the Notes either immediately or with the lapse of time or
         the giving of notice, or both.

         5. Conditions to Effectiveness. This Amendment Agreement shall become
effective upon receipt by the Lender of the following:

                  (a) four (4) counterparts of this Amendment Agreement executed
         by the parties hereto;

                  (b) a Working Capital Note in the amount of the Lender's
         Working Capital Commitment duly executed by both Borrowers;

                                       9

<PAGE>

                  (c) three-year warrants for 8.5% of the common stock of the
         Parent with such piggy-back and demand registration, antidilution and
         other rights acceptable to the Lender and similar warrants for 1.5% of
         the common stock of the Parent to the Participant (as defined in the
         Participation Agreement referred to in Section 6.3(a) of the
         Agreement);

                  (d) payment to the Lender of the Net Proceeds from Asset
         Dispositions in an aggregate amount off $595,000 which Net Proceeds
         shall be used to immediately prepay the Working Capital Outstandings
         pursuant to Section 2.14 of the Credit Agreement;

                  (e) an opinion of counsel for the Borrower and each of the
         Guarantors in form acceptable to the Lender;

                  (f) copies of resolutions of the Boards of Directors of the
         Borrower and each of the Guarantors authorizing the transaction
         contemplated by this Amendment Agreement certified by the Secretary or
         Assistant Secretary of each Borrower and Guarantor;

                  (g) such other instruments and documents as the Lender may
         reasonably request; and

                  (h) payment to the Lender of all reasonable out-of-pocket
         expenses of the Agent and Lender incurred in connection with this
         Amendment Agreement, including reasonable fees and expenses of its
         counsel.

         6. Waiver and Consent. The Lender hereby waives the failure by the
Parent and its Subsidiaries to comply as at August 31, 2000 with the requirement
of Section 9.1(e). Notwithstanding the provisions of Section 9.5 the Parent may
incur up to $1,125,000 of Indebtedness in lieu of making a payment to a third
party in November 2000, so long as such Indebtedness is subordinated to the
prior payment of the Obligations on terms acceptable to the Lender.

         7. Entire Agreement. The existing Loan Documents and this Amendment
Agreement sets forth the entire understanding and agreement of the parties
hereto in relation to the subject matter hereof and supersedes any prior
negotiations and agreements among the parties relative to such subject matter.
None of the terms or conditions of this Amendment Agreement may be changed,
modified, waived or canceled orally or otherwise, except by writing, signed by
all the parties hereto, specifying such change, modification, waiver or
cancellation of such terms or conditions, or of any proceeding or succeeding
breach thereof.

         8. Full Force and Effect of Agreement. Except as hereby specifically
amended, modified or supplemented, the Credit Agreement and all of the other
Loan Documents are hereby confirmed and ratified in all respects and shall
remain in full force and effect according to their respective terms.

                                       10

<PAGE>

         9. Counterparts. This Amendment Agreement may be executed in any number
of counterparts and all the counterparts taken together shall be deemed to
constitute one and the same instrument.

         10. Governing Law. This Amendment Agreement shall be governed by the
laws of the State of Florida.

                  [Remainder of page intentionally left blank.]

                                     11

<PAGE>

         IN WITNESS WHEREOF, the parties hereto have caused this Amendment
Agreement to be duly executed by their duly authorized officers, all as of the
day and year first above written.

                                            PARENT:

                                            GERALD STEVENS, INC.

WITNESS:

                                            By:
--------------------------------               ---------------------------------
Print Name:  R. Malloy McKeithen            Name:    Jeffrey M. Mattson
                              Title: Vice President

--------------------------------
Print Name:  Terry L. Witcher

                                            BORROWER:

                                            GERALD STEVENS RETAIL, INC.

WITNESS:

                                            By:
---------------------------------              ---------------------------------
Print Name:  R. Malloy McKeithen            Name:    Jeffrey M. Mattson
                              Title: Vice President

------------------------------
Print Name:  Terry L. Witcher

                                       12

<PAGE>

                                    GUARANTORS:

                                    A.G.A. Flowers, Inc.
                                    Dr. Delphinium Designs, Inc.
                                    Preuss Acquisition Corp.
                                    GS Accounts Receivable Co.
                                    GS Call/Credit Card Holding Co.
                                    GS Catalog Holding Co.
                                    GS Database Co.
                                    GS Database Management Co.
                                    GS East Holding Co.
                                    GS Finance Co.
                                    GS Intangibles Management Co.
                                    GS Interactive, Inc.
                                    GS Internet Holdings Co.
                                    GS Master Holding Co.
                                    GS Nevada, Inc.
                                    GS Retail Holding Co.
                                    Gerald Stevens Properties, Inc.
                                    Martina's NV, Inc.
                                    The Rose Shop NV, Inc.

                                    By:
                                       ---------------------------------
                                    Name: Thomas L. Boesen
                                    Title:   President

                                      13

<PAGE>

                                    GS Arizona, Inc.
                                    GS Michigan, Inc.
                                    Gerald Stevens Pennsylvania, Inc.
                                    GS North Carolina, Inc.
                                    GS Ohio, Inc.
                                    Martina's, Inc.
                                    GSI Acquisition, Inc.
                                    GS Florida Flowers, Inc.
                                    National Flora, Inc.
                                    Thrifty Acquisition, Inc.
                                    Credit Card Management System, Inc.
                                    Buning Acquisition, Inc.
                                    Florafax Financial Services Corp.
                                    Gerald Stevens Operations Co.
                                    Gerald Stevens Delaware, Inc.
                                    GS Call Center Co.
                                    GS Gift Certificate Co.
                                    GS Missouri, Inc.
                                    GS South Carolina, Inc.
                                    GS Tennessee, Inc.
                                    GS Texas General, Inc.
                                    GS Wisconsin General, Inc.
                                    National Flora Florida, Inc.
                                    GS California, Inc.
                                    GS Illinois, Inc.
                                    GS Minnesota, Inc.
                                    Flower View Gardens, Inc.
                                    Flower Club International, Inc.
                                    Calyx & Corolla, Inc.
                                    Gerald Stevens Pittsburgh, Inc.
                                    Worldwide Floral & Gifts, Inc.

                                    By:
                                       ---------------------------------
                                    Name: Jeffrey M. Mattson
                                    Title: Vice President

                                    Kuhn & Exotic LLC

                    By: Gerald Stevens, Inc., its Sole Member

                                    By:
                                       ---------------------------------
                                    Name: Jeffrey M. Mattson
                                    Title: Vice President

                                       14

<PAGE>

                            Gerald Stevens Texas, L.P.
                            By:  GS Texas General, Inc., its General Partner

                            By:
                               ---------------------------------
                            Name: Jeffrey M. Mattson
                            Title: Vice President

                            Gerald Stevens Wisconsin Limited Partnership
                            By:  GS Wisconsin General, Inc., its General Partner

                            By:
                               ---------------------------------
                            Name: Jeffrey M. Mattson
                            Title: Vice President

                            Gerald Stevens Georgia, L.P.
                            By:  Martina's, Inc.

                            By:
                               ---------------------------------
                            Name: Jeffrey M. Mattson
                            Title: Vice President

                               15

<PAGE>

                           AGENT AND LENDER:

                           BANK OF AMERICA, N.A.

                           By:
                              ---------------------------------
                           Name: Dewitt W. King, III
                           Title: Managing Director

<PAGE>

                                    EXHIBIT A

                        Applicable Commitment Percentages

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------------
                             Revolving                         Working Capital            Applicable
                             Credit Commitment                 Commitment                 Commitment Percentage
----------------------------------------------------------------------------------------------------------------------
<S>                          <C>                               <C>                        <C>
Bank of America, N.A.        $36,000,000                       $7,000,000                 100%
----------------------------------------------------------------------------------------------------------------------

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

----------------------------------------------------------------------------------------------------------------------
</TABLE>

                                       17

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00016-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00016-of-00352.parquet"}]]