Document:

<PAGE>
                                                                   Exhibit 10.39

                         FIFTH AMENDMENT TO OFFICE LEASE

     THIS FIFTH AMENDMENT TO OFFICE LEASE (this "AMENDMENT") is entered into
between CRESCENT HC INVESTORS, L.P., a Delaware limited partnership
("LANDLORD"), and CASTLE BRANDS (USA) CORP. (formerly known as Great Spirits
Corp., successor-by-merger to Great Spirits Company L.L.C.), a Delaware
corporation ("TENANT"), with reference to the following:

     A. Crescent Real Estate Equities Limited Partnership
(predecessor-in-interest to Landlord) and Great Spirits Company L.L.C.
(predecessor-in-interest to Tenant) entered into that certain Office Lease dated
effective as of February 24, 2000; that certain First Amendment to Office Lease
dated March 14, 2001; that certain Second Amendment to Office Lease dated
January 30, 2002; that certain Third Amendment to Office Lease dated March 28,
2003; and that certain Fourth Amendment to Office Lease dated March 23, 2004 (as
amended, the "LEASE") covering approximately 1,016 square feet of Rentable
Square Footage on floor 11 (the "PREMISES") of 4 Houston Center, Houston, Texas
(the "BUILDING").

     B. Landlord and Tenant now desire to further amend the Lease as set forth
below. Unless otherwise expressly provided in this Amendment, capitalized terms
used in this Amendment shall have the same meanings as in the Lease.

     FOR GOOD AND VALUABLE CONSIDERATION, the receipt and sufficiency of which
are acknowledged, the parties agree as follows:

1. FIFTH EXTENSION PERIOD. The Term is extended for a period of one (1) year
(the "FIFTH EXTENSION PERIOD") commencing on April 1, 2005, and expiring on
March 31, 2006.

2. BASE RENT. Commencing on April 1, 2005, and continuing through the Fifth
Extension Period, Tenant shall, at the time and place and in the manner provided
in the Lease, pay to Landlord as Base Rent for the Premises the amounts set
forth in the following rent schedule, plus any applicable tax thereon:

                                    PREMISES

<TABLE>
<CAPTION>
                                 ANNUAL BASE RATE    MONTHLY
     FROM           THROUGH       PER SQUARE FOOT   BASE RENT
     ----           -------      ----------------   ---------
<S>             <C>              <C>                <C>
April 1, 2005   March 31, 2006        $11.50         $973.67
</TABLE>

3. OPERATING EXPENSES. Commencing on April I, 2005, Tenant shall continue to pay
Tenant's Pro Rata Share of Operating Expenses payable under Article 4 of the
Lease.

4. CONDITION OF PREMISES. Tenant accepts the Premises in its "as-is" condition.

5. ERISA REPRESENTATION. The Lease is amended to provide that a new Section 31.0
is added as follows:
<PAGE>
          O. ERISA REPRESENTATION. Tenant represents that (a) neither Tenant nor
          any entity controlling or controlled by Tenant owns a five percent
          (5%) or more interest (within the meaning of Prohibited Transaction
          Class Exemption 84-14) in JPMorgan Chase Bank, N.A. ("JPMORGAN") or
          any of JPMorgan's affiliates, and (b) neither JPMorgan, nor any of its
          affiliates, owns a five percent (5%) or more interest in Tenant or any
          entity controlling or controlled by Tenant.

6. CONSENT. This Amendment is subject to, and conditioned upon, any required
consent or approval being unconditionally granted by Landlord's mortgagee(s). If
any such consent shall be denied, or granted subject to an unacceptable
condition, this Amendment shall be null and void and the Lease shall remain
unchanged and in full force and effect.

7. NO BROKER. Tenant represents and warrants that it has not been represented by
any broker or agent in connection with the execution of this Amendment. Tenant
shall indemnify and hold harmless Landlord and its designated property
management, construction and marketing firms, and their respective partners,
members, affiliates and subsidiaries, and all of their respective officers,
directors, shareholders, employees, servants, partners, members,
representatives, insurers and agents from and against all claims (including
costs of defense and investigation) of any broker or agent or similar party
claiming by, through or under Tenant in connection with this Amendment.

8. TIME OF THE ESSENCE. Time is of the essence with respect to Tenant's
execution and delivery to Landlord of this Amendment. If Tenant fails to execute
and deliver a signed copy of this Amendment to Landlord by 5:00 p.m. (in the
city in which the Premises is located) on March 31, 2005, this Amendment shall
be deemed null and void and shall have no force or effect, unless otherwise
agreed in writing by Landlord. Landlord's acceptance, execution and return of
this Amendment shall constitute Landlord's agreement to waive Tenant's failure
to meet such deadline.

9. MISCELLANEOUS. This Amendment shall become effective only upon full execution
and delivery of this Amendment by Landlord and Tenant. This Amendment contains
the parties' entire agreement regarding the subject matter covered by this
Amendment, and supersedes all prior correspondence, negotiations, and
agreements, if any, whether oral or written, between the parties concerning such
subject matter. There are no contemporaneous oral agreements, and there are no
representations or warranties between the parties not contained in this
Amendment. Except as modified by this Amendment, the terms and provisions of the
Lease shall remain in full force and effect, and the Lease, as modified by this
Amendment, shall be binding upon and shall inure to the benefit of the parties
hereto, their successors and permitted assigns.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
<PAGE>
         LANDLORD AND TENANT enter into this Amendment on June 21, 2005.

                                       LANDLORD:
                                       CRESCENT HC INVESTORS, L.P.,
                                       a Delaware limited partnership

                                       By: Crescent HCI GP, LLC,
                                           A Delaware limited liability company,
                                           its General Partner

                                       By: /s/ Robert H. Boykin, Jr.
                                           -------------------------------------
                                           Robert H. Boykin, Jr.
                                           Senior Vice President
                                           Leasing

                                       TENANT:
                                       CASTEL BRANDS (USA) CORP.
                                       (formerly known as Great Spirits Corp.,
                                       successor-by-merger to Great Spirits
                                       Company L.L.C.), a Delaware corporation

                                       By: /s/ Matthew F. MacFarlane
                                           -------------------------------------
                                       Name: Matthew F. MacFarlane
                                       Title: Chief Financial Officer<PAGE>
                                                                   Exhibit 10.40

================================================================================

                               FIRST SUPPLEMENTAL
                                 TRUST INDENTURE

                                     BETWEEN

                            CASTLE BRANDS (USA) CORP.

                                    AS ISSUER

                                       AND

                              JPMORGAN CHASE BANK,
                              NATIONAL ASSOCIATION

                              AS INDENTURE TRUSTEE

                          DATED AS OF AUGUST 15 , 2005

================================================================================
<PAGE>
                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                            Page
                                                                            ----
<S>                                                                         <C>
                                   ARTICLE ONE
                  DEFINITIONS, EXHIBITS AND GENERAL PROVISIONS

Section 1.1   Definitions Generally......................................     2

                                   ARTICLE TWO
               AMENDMENTS TO ORIGINAL INDENTURE AND ORIGINAL NOTES

Section 2.1   Amendment and Restatement of the Indenture.................     2
Section 2.2   Amendment and Restatement of Original Notes................     2

                                  ARTICLE THREE
                            MISCELLANEOUS PROVISIONS

Section 3.1   Severability...............................................     2
Section 3.2   Counterparts...............................................     3
</TABLE>

                                       -1
<PAGE>
                       FIRST SUPPLEMENTAL TRUST INDENTURE

     This FIRST SUPPLEMENTAL TRUST INDENTURE (the "First Supplemental
Indenture") is made and entered into as of August 15, 2005, by and between
CASTLE BRANDS (USA) CORP., a corporation duly organized and existing under the
laws of the State of Delaware (the "Issuer"), and JPMORGAN CHASE BANK, NATIONAL
ASSOCIATION, a national banking association, authorized to accept and execute
trusts of the character herein set out, with a payment office in Dallas, Texas
(the "Trustee") and is joined in by MHW, LTD., a New York corporation serving as
the Collateral Agent under the Security Documents (as defined herein).

                                   WITNESSETH

     WHEREAS:

     A. The Issuer and the Trustee, joined by the Collateral Agent, have
heretofore entered into a Trust Indenture dated as June 1, 2004 (the "Original
Indenture") authorizing the issuance of up to Five Million Dollars ($5,000,000)
of the Issuer's 8% Senior Secured Notes, Series 2004, due May 31, 2007 (the
"Original Notes").

     B. The Issuer has heretofore issued Four Million Six Hundred Sixty Thousand
Dollars ($4,660,000) of Original Notes.

     C. The Issuer desires to amend the terms of the Original Notes (i) to
extend the maturity date from May 31, 2007 to May 31, 2009, and (ii) to increase
the interest rate payable on the Original Notes from eight percent (8%) to nine
percent (9%) (hereinafter referred to as the "Amended Notes").

     D. The Issuer desires to amend the terms of the Original Indenture (i) to
authorize a maximum of Ten Million Dollars ($10,000,000) of Amended Notes to be
issued thereunder (inclusive of the $4,660,000 of outstanding Original Notes
being amended hereby) and (ii) to amend and restate the Original Indenture to
conform to the terms of the Amended Notes.

     E. The Issuer and the Trustee, joined by the Collateral Agent, are
permitted by Section 11.2 of the Original Indenture to make such amendments to
the Original Notes and Original Indenture with the consent of two-thirds or more
of the beneficial owners of the Original Notes, referred to in the Original
Indenture as a "Supermajority of Owners."

     F. The Issuer and the Trustee, joined in by the Collateral Agent and having
obtained the consent of a Supermajority of Owners, now wish to enter into this
First Supplemental Indenture to amend and restate the Original Indenture and the
Original Notes.

     NOW THEREFORE, THIS FIRST SUPPLEMENTAL INDENTURE WITNESSETH:

                                       -1-
<PAGE>
                                   ARTICLE ONE
                  DEFINITIONS, EXHIBITS AND GENERAL PROVISIONS

Section 1.1 Definitions Generally.

     All terms capitalized but not otherwise defined in this First Supplemental
Indenture shall have the meanings assigned to such terms in the First Amended
and Restated Indenture. In this First Supplemental Indenture, the following
terms have the following meanings unless the context hereof clearly requires
otherwise:

     "AMENDED NOTES" mean as defined in Recital C.

     "FIRST AMENDED AND RESTATED INDENTURE" means the First Amended and Restated
Indenture of Trust originally dated as of June 1, 2004, and as amended and
restated as of August 15, 2005, in substantially the form attached hereto as
Exhibit A, as executed by the Trustee and the Issuer with the joinder of the
Collateral Agent.

     "FIRST SUPPLEMENTAL INDENTURE" means as defined in the introductory
paragraph hereto.

     "ORIGINAL INDENTURE" means as defined in Recital A.

     "ORIGINAL NOTES" mean as defined in Recital A.

                                   ARTICLE TWO
               AMENDMENTS TO ORIGINAL INDENTURE AND ORIGINAL NOTES

Section 2.1 Amendment and Restatement of the Indenture.

     The Original Indenture is hereby amended and restated as set forth in the
First Amended and Restated Indenture attached hereto as EXHIBIT A, and all
references to "Indenture" contained in the Amended Notes, any subsequent
supplemental indenture, in the Parent Guaranty, in the Security Documents or in
any related documents, shall for all purposes refer to the First Amended and
Restated Indenture.

Section 2.2 Amendment and Restatement of Original Notes.

     The Original Notes are hereby amended and restated as set forth on Exhibit
"A" to the First Amended and Restated Indenture.

                                  ARTICLE THREE
                            MISCELLANEOUS PROVISIONS

Section 3.1 Severability.

     If any provision of this First Supplemental Indenture shall be held or
deemed to be or shall, in fact, be inoperative or unenforceable as applied in
any particular case in any jurisdiction or jurisdictions or in all jurisdictions
or in all cases because it conflicts with any other provisions of any
constitution or statute or rule of public policy, or for any other reason, such
circumstances shall not

                                       -2-
<PAGE>
have the effect of rendering the provision in question inoperative or
unenforceable in any other case or circumstance, or of rendering any other
provisions herein contained invalid, inoperative of unenforceable to any extent
whatever.

Section 3.2 Counterparts.

     This First Supplemental Indenture may be simultaneously executed in several
counterparts, each of which shall be an original and all of which shall
constitute but one and the same instrument.

                                       -3-
<PAGE>
     IN WITNESS WHEREOF, the parties hereto have caused this First Supplemental
Indenture to be duly executed and attested by their respective officers
thereunto duly authorized, all as of the day and year first written above.

Attest:                                 CASTLE BRANDS (USA) CORP.

/s/ Amelia Gary                         By: /s/ Mark E. Andrews
-------------------------------------       ------------------------------------
                                        Name: Mark E. Andrews
                                        Title: Chairman & CEO

Attest:                                 JPMORGAN CHASE BANK, NATIONAL
                                        ASSOCIATION, as Trustee

/s/ Mary Jane Henson                    By: /s/ Carol Logan
-------------------------------------       ------------------------------------
                                        Name: Carol Logan
                                        Title: Vice President

Joined in by MHW, LTD.,
as Collateral Agent:

By: /s/ John F. Beaudette
    ---------------------------------
Name: John F. Beaudette
Title: President

                                       -4-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00091-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00091-of-00352.parquet"}]]