Document:

<PAGE>

                                                                 EXHIBIT 10.2(c)

                                                                  EXECUTION COPY

To:      Polaroid Holding Corporation (the "OBLIGORS' AGENT")
         1265 Main Street
         Waltham,
         Massachusetts 02451

Attn:    Treasurer

                                                               22 September 2004

                       SEVENTH WAIVER AND AMENDMENT LETTER

Ladies and Gentlemen:

1        The Obligors' Agent, Polaroid Corporation (formerly known as OEP
         Imaging Operating Corporation) ("POLAROID"), Polaroid Holding
         Corporation (formerly known as OEP Imaging Corporation), and certain
         subsidiaries of Polaroid (collectively, the "POLAROID GROUP") entered
         into a $100 million credit agreement dated July 29, 2002 with a group
         of lenders led by Citicorp USA, Inc. as Domestic Administrative Agent,
         Domestic Collateral Agent and Foreign Syndication Agent and Bank of
         America, N.A. as Foreign Administrative Agent, Foreign Collateral Agent
         (the "COLLATERAL AGENT") and Domestic Syndication Agent (as amended by
         a first waiver and amendment letter dated August 30, 2002, a second
         waiver and amendment letter dated March, 2003, a third waiver and
         amendment letter dated April, 2003, a fourth waiver letter - in two
         parts, both dated May, 2003, a fifth waiver and amendment letter dated
         August 5, 2003, and a sixth waiver and amendment letter dated 14
         November 2003 (the "SIXTH AMENDMENT LETTER"), and as may be amended,
         restated or supplemented from time to time, collectively the "CREDIT
         AGREEMENT"). Pursuant to the terms of the Credit Agreement, the
         Polaroid Group entered into certain security arrangements in favour of
         the Collateral Agent on its own behalf and on behalf of each of the
         other Lenders.

2        Unless otherwise defined in this Letter, terms and expressions defined
         in (including by reference to another document) the Credit Agreement
         shall have the same meanings when used in this Letter.

3        Polaroid has requested an amendment to the Credit Agreement, more
         specifically an amendment to Section 5.2 (MINIMUM EBITDA) to reflect a
         revised minimum covenant for the 3rd and 4th Fiscal Quarters of 2004
         and for the 1st Fiscal Quarter of 2005.

4        The Requisite Lenders have delivered their approvals of the requested
         amendment to Section 5.2 (MINIMUM EBITDA) set forth below.

5        On our own behalf and on behalf of each of the other Lenders, we agree
         that Section 5.2 (MINIMUM EBITDA) of the Credit Agreement shall be
         amended by

<PAGE>

         deleting the table therein in its entirety and replacing it with the
         following table, setting forth the requirements for minimum EBITDA for
         the periods described therein:

<TABLE>
<CAPTION>
         -----------------------------------------------------
              FISCAL QUARTER                    MINIMUM EBITDA
         -----------------------------------------------------
         <S>                                    <C>
         3rd Fiscal Quarter 2002                  not tested
         -----------------------------------------------------
         4th Fiscal Quarter 2002                  not tested
         -----------------------------------------------------
         1st Fiscal Quarter 2003                  not tested
         -----------------------------------------------------
         2nd Fiscal Quarter 2003                 $10,000,000
         -----------------------------------------------------
         3rd Fiscal Quarter 2003                 $20,000,000
         -----------------------------------------------------
         4th Fiscal Quarter 2003                 $40,000,000
         -----------------------------------------------------
         1st Fiscal Quarter 2004                 $44,000,000
         -----------------------------------------------------
         2nd Fiscal Quarter 2004                 $49,000,000
         -----------------------------------------------------
         3rd Fiscal Quarter 2004                 $38,000,000
         -----------------------------------------------------
         4th Fiscal Quarter 2004                 $12,500,000
         -----------------------------------------------------
         1st Fiscal Quarter 2005                  $2,500,000
         -----------------------------------------------------
         2nd Fiscal Quarter 2005                 $53,000,000
         -----------------------------------------------------
</TABLE>

6        The Requisite Lenders have required the following amendment to be made
         to the Credit Agreement:

         6.1      the definition of "AVAILABLE DISCRETIONARY BASKET AMOUNT" in
                  Section 1.1 (DEFINED TERMS) of the Credit Agreement shall be
                  amended and restated in its entirety as follows:

                  "AVAILABLE DISCRETIONARY BASKET AMOUNT" means, as of any date
                  of determination, an amount equal to (a) the Discretionary
                  Basket Amount minus (b) the aggregate amount of any (i)
                  Permitted Acquisitions/Investments, (ii) Additional IDP
                  Venture Expenditures and (iii) Additional Capital
                  Expenditures, which in each case have been designated in
                  writing to the Administrative Agents as being made out of the
                  Discretionary Basket Amount.

         6.2      the definition of "PERMITTED STOCK REDEMPTIONS" in Section 1.1
                  (DEFINED TERMS) of the Credit Agreement shall be deleted in
                  its entirety;

         6.3      the definition of "FIXED CHARGES" in Section 1.1 (DEFINED
                  TERMS) of the Credit Agreement shall be amended and restated
                  in its entirety as follows:

                  "FIXED CHARGES" means, for any Person for any period, the sum
                  of (a) the Cash Interest Expense of such Person for such
                  period, (b) the principal amount of Financial Covenant Debt of
                  such Person and each of its Subsidiaries determined on a
                  consolidated basis in conformity with GAAP having a scheduled
                  due date during such period and (c) all cash

                                       2
<PAGE>

                  dividends payable by such Person and its Subsidiaries on Stock
                  in respect of such period to Persons other than such Person
                  and its Subsidiaries.

         6.4      the definition of "TANGIBLE NET WORTH" in Section 1.1 (DEFINED
                  TERMS) of the Credit Agreement shall be amended by deleting
                  the following at the end of the definition:

                  ", and including in the determination of Total Assets of such
                  Person at such date, any actual amount or liability recorded
                  by such Person in conformity with GAAP that is related to the
                  Permitted Stock Redemptions under this Agreement".

         6.5      paragraph (b) of Section 8.5 (RESTRICTED PAYMENTS) shall be
                  deleted in its entirety and replaced with the following:

                  "(b)     [Intentionally Blank];".

         6.6      paragraph (g) of Section 8.5 (RESTRICTED PAYMENTS) shall be
                  deleted in its entirety and replaced with the following:

                  "(g)     [Intentionally Blank];".

7        In accordance with Section 11.1 (AMENDMENTS, WAIVERS, ETC.) of the
         Credit Agreement, on our own behalf and on behalf of each of the other
         Lenders, we agree that the amendments requested above shall take effect
         from and after:

         7.1      such time as the Requisite Lenders have delivered their
                  approvals thereof; and

         7.2      the receipt of an amendment fee (the "AMENDMENT FEE") payable
                  to each Lender of 20 basis points on the amount of such
                  Lender's outstanding Commitments under the Credit Agreement.

         For the avoidance of doubt:

         (a)      with regards to the calculation of Tangible Net Worth as it
                  relates to the requirement under Section 5.3 (MAINTENANCE OF
                  TANGIBLE NET WORTH) of the Credit Agreement, the calculation
                  shall allow for the add-back of Permitted Stock Redemptions
                  (as defined in the Sixth Amendment Letter) completed prior to
                  the effective date of this Letter; and

         (b)      with regards to the calculation of Available Discretionary
                  Basket Amount as it relates to the requirement contained in
                  the definition of "AVAILABLE DISCRETIONARY BASKET AMOUNT"
                  under Section 1.1 (DEFINED TERMS) of the Credit Agreement, the
                  calculation shall allow for the deduction of Permitted Stock
                  Redemptions (as defined in the Sixth Amendment Letter)
                  completed prior to the effective date of this Letter.

                                       3
<PAGE>

8        The Obligors' Agent, on behalf of itself and each of the other Loan
         Parties, hereby certifies, after careful consideration, that the
         following statements are true on the date hereof:

         8.1      the representations and warranties set forth in Sections 4.1,
                  4.2, 4.5, 4.7 (save for such litigation as more particularly
                  set out in the Schedule attached hereto), 4.8, 4.9, 4.10,
                  4.11(b), 4.11(d), 4.12, 4.14, 4.15(a), 4.15(b), 4.16(c),
                  4.16(d), 4.17(a), 4.17(b) and 4.18 of Article IV
                  (REPRESENTATIONS AND WARRANTIES) of the Credit Agreement and
                  the other Loan Documents are true and correct on and as of the
                  date hereof with the same effect as though made on and as of
                  such date, except to the extent such representations and
                  warranties expressly relate to an earlier date, in which case
                  such representations and warranties shall have been true and
                  correct as of such earlier date; and

         8.2      no Default or Event of Default has occurred and is continuing
                  on the date hereof.

9        The Obligors' Agent, on behalf of itself and each of the other Loan
         Parties, confirms its agreement to the above amendments and that the
         Loan Parties' obligations under the Loan Documents to which they are
         parties remain in full force and effect notwithstanding the making of
         such amendments.

10       The Obligors' Agent confirms that in entering into this Letter it is
         acting on its own behalf and as Obligors' Agent for the other Loan
         Parties under Section 11.19(b) (US OBLIGORS' AGENT) and Section
         11.19(a) (FOREIGN OBLIGORS' AGENT) of the Credit Agreement.

11       Save as amended or waived by this Letter, the provisions of the Credit
         Agreement shall continue in full force and effect and the Credit
         Agreement and this Letter shall be read and construed as one
         instrument. This Letter is a Loan Document.

12       Please sign and return the attached copy of this Letter to signify your
         acceptance of its terms and conditions. This Letter may be executed in
         counterparts each of which shall be deemed to constitute an original.

              [THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]

                                       4
<PAGE>

13       This Letter and the rights and obligations of the parties hereto shall
         be is governed by, and construed and interpreted in accordance with,
         the law of the State of New York.

Yours faithfully

/s/ Keith R. Gerding                          /s/ Charles Hodgson
--------------------                          -------------------------------
For and on behalf of                          For and on behalf of
CITICORP USA, INC.                            BANK OF AMERICA, N.A.
as Domestic Administrative Agent              as Foreign Administrative Agent

/s/ Keith R. Gerding                          /s/ Richard Levenson
--------------------                          -------------------------------
For and on behalf of                          For and on behalf of
CITIBANK, N.A.                                BANK OF AMERICA, N.A.
as Lender                                     as Lender

/s/ William Welsh                             /s/ John Halloway
--------------------------------------        -------------------------------
For and on behalf of                          For and on behalf of
NATIONAL CITY COMMERCIAL FINANCE, INC.        UPS CAPITAL CORPORATION
as Lender                                     as Lender
now known as
National City Business Credit, Inc.

                                       5
<PAGE>

To:      Citicorp USA, Inc.
         as Domestic Administrative Agent

         Bank of America, N.A.
         as Foreign Administrative Agent

We acknowledge receipt of the Letter and hereby confirm our agreement to the
terms and conditions thereof.

Yours faithfully

/s/ Sean Lannan, VP, Treasurer

---------------------------------
For and on behalf of
POLAROID HOLDING CORPORATION
(acting on its own behalf and as Obligors' Agent
on behalf of each other Loan Party at the date hereof)

Date:  Sep. 22, 2004
     ----------------

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EXHIBIT 10.1    
    

SUPPLEMENT TO

FIFTH AMENDED AND RESTATED CREDIT AGREEMENT 

        This
SUPPLEMENT, dated as of October 19, 2004 (this "Supplement"), to the Existing Credit Agreement referred to below, is among
WEIGHT WATCHERS INTERNATIONAL, INC., a Virginia corporation (the "Borrower"), certain Lenders (such term, and other terms used in this
Supplement, to have the meanings set forth in Part I below), CREDIT SUISSE FIRST BOSTON, acting through its Cayman Islands Branch (the Syndication Agent
for the Lenders under the Existing Credit Agreement) and THE BANK OF NOVA SCOTIA, as the Administrative Agent for the Lenders and as the Lead Arranger for the Designated Additional Term B Loans. 

W I T N E S S E T H:  

        WHEREAS, pursuant to the terms of the Fifth Amended and Restated Credit Agreement, dated as of January 21, 2004 (as further amended, supplemented or
otherwise modified prior to the date hereof, the "Existing Credit Agreement"), among the Borrower, the various financial institutions party thereto (the
"Lenders"), the Syndication Agent and the Administrative Agent, the Lenders made (and remain committed to make) Credit Extensions to the Borrower; and 

        WHEREAS,
pursuant to Section 2.1.6 of the Existing Credit Agreement, the Borrower has requested $150,000,000 of Designated Additional Term B Loans to be made, and this Supplement
is being executed and delivered to, among other things, evidence the terms of, and give effect to the making of, such Designated Additional Term B Loans; 

        NOW,
THEREFORE, in consideration of the agreements herein contained and pursuant to Section 2.1.6 of the Existing Credit Agreement, the Existing Credit Agreement is hereby
supplemented as follows: 

PART I

DEFINITIONS 

        SUBPART
1.1. Certain Definitions. The following terms (whether or not underscored) when used in this Supplement shall have the following
meanings (such meanings to be equally applicable to the singular and plural form thereof): 

        "Designated Additional Term B Loan Note" means a promissory note of the Borrower, payable to the order of any Lender owed a Designated
Additional Term B Loan, in the form of Exhibit A-5 hereto (as such promissory note may be amended, endorsed or otherwise modified from time to time), evidencing the aggregate
Indebtedness of the Borrower to such Lender resulting from outstanding Designated Additional Term B Loans, and also means all other promissory notes accepted from time to time in substitution therefor
or renewal thereof. 

        "Existing Credit Agreement" is defined in the first recital. 

        "Supplement" is defined in the preamble. 

        "Supplement Effective Date" is defined in the Subpart 3.1. 

        SUBPART
1.2. Other Definitions. Terms for which meanings are provided in the Existing Credit Agreement are, unless otherwise defined
herein or the context otherwise requires, used in this Supplement with such meanings. 

1

 

PART II

TERMS OF DESIGNATED ADDITIONAL TERM B LOANS 

        SUBPART
2.1. Commitment. Subject to the terms hereof, the Borrower, the Lenders party to this Supplement, the Syndication Agent and the
Administrative Agent agree that: 

	(a)
	in
a single Borrowing occurring on the Supplement Effective Date, each Lender a party hereto agrees (severally, and not jointly) to make a Designated Additional Term B Loan to the
Borrower in the principal amount of its commitment opposite its name as set forth on Schedule II to this Supplement;

	(b)
	each
applicable Lender's Percentage of Designated Additional Term B Loans shall initially be as set forth opposite its name on  Schedule II hereto under the
applicable column heading and such  Schedule II hereto shall supplement Schedule II to the Credit Agreement;

	(c)
	no
amounts paid or prepaid with respect to Designated Additional Term B Loans may be reborrowed;

	(d)
	the
"Applicable Margin" with respect to the unpaid principal amount of Designated Additional Term B Loans maintained as (i) a Base Rate Loan shall be 0.50% per annum and
(ii) a LIBO Rate Loan shall be 1.50% per annum;

	(e)
	the
Stated Maturity Date for Designated Additional Term B Loans shall be March 31, 2010;

	(f)
	the
Borrower shall, on the Stated Maturity Date for Designated Additional Term B Loans and on each Quarterly Payment Date occurring on or during any period set forth below, make a
scheduled repayment of the aggregate outstanding principal amount, if any, of all Designated Additional Term B Loans in an amount equal to the amount set forth below opposite the Stated Maturity Date
or such Quarterly Payment Date (as such amounts may have otherwise been reduced pursuant to the Credit Agreement), as applicable: 

	

12/31/04 through (and including) 03/31/09	
 	

$375,000.00
	

6/30/09 through (and including) Stated Maturity Date	
 	

$35,812,500.00; and

	(g)
	the
Designated Additional Term B Loans referred to in this Supplement are made pursuant to Section 2.1.6 of the Existing Credit Agreement and shall be treated as "Term Loans"
for all other purposes in the Credit Agreement except as otherwise set forth herein. 

        SUBPART
2.2. Exhibit A-5. The exhibits to the Existing Credit Agreement
are hereby amended by adding Exhibit A-5 hereto. 

PART III

CONDITIONS TO EFFECTIVENESS 

        SUBPART
3.1. Effective Date. This Supplement shall become effective on the date (the "Supplement Effective
Date") when all of the conditions set forth in this Part have been satisfied. 

        SUBPART
3.1.1. Execution of Counterparts. The Administrative Agent shall have received counterparts of this Supplement, executed on behalf
of the Borrower, the Syndication Agent, the Administrative Agent and each Lender that will initially make the Designated Additional Term B Loans. 

        SUBPART
3.1.2. Resolutions, etc. The Administrative Agent shall have received from the Borrower (x) a copy of a good standing
certificate dated a date reasonably close to the Supplement Effective 

2

 

Date
and (y) a certificate, dated the Supplement Effective Date, of its Secretary or Assistant Secretary as to: 

	(a)
	resolutions
of the Borrower's Board of Directors then in full force and effect authorizing the execution, delivery and performance of this Supplement and the Notes evidencing the
Designated Additional Term B Loans; and

	(b)
	the
incumbency and signatures of the Borrower's Authorized Officers authorized to execute and deliver this Supplement and the Notes evidencing the Designated Additional Term B Loans; 

upon
which certificate each Lender may conclusively rely until such Lender shall have received a further certificate of the Borrower canceling or amending the prior certificate. 

        SUBPART
3.1.3. Delivery of Notes. The Administrative Agent shall have received a Note (in the form of  Exhibit A-5), for the account of each applicable Lender that has requested a Note
evidencing such Lender's Designated Additional Term B Loan, duly executed and delivered by an Authorized Officer of the Borrower. 

        SUBPART
3.1.4. Affirmation and Consent. The Administrative Agent shall have received an affirmation and consent substantially in the form
of Exhibit B hereto, dated the Supplement Effective Date and duly executed by an Authorized
Officer of each Guarantor. 

        SUBPART
3.1.5. Opinions of Counsel. The Administrative Agent shall have received opinions, dated the Supplement Effective Date and
addressed to the Administrative Agent and all Lenders, from: 

	(a)
	Simpson
Thacher & Bartlett LLP, New York counsel to the Borrower and each other Obligor, in form and substance satisfactory to the Administrative Agent; and

	(b)
	Hunton &
Williams LLP, Virginia counsel to the Borrower, in form and substance satisfactory to the Administrative Agent. 

        SUBPART
3.1.6. Fees and Expenses, etc. The Administrative Agent shall have received all fees, costs and expenses due and payable pursuant to Section 11.3 of the Existing Credit
Agreement or otherwise owing to an Agent or a Lender. 

PART IV

REPRESENTATIONS AND WARRANTIES 

        To
induce the Lenders and the Agents to enter into this Supplement, and to make the Designated Additional Term B Loans on the Supplement Effective Date, the Borrower represents and
warrants to the Lenders and the Agents as set forth below. 

        SUBPART
4.1. Validity, etc. This Supplement (and the Existing Credit Agreement as supplemented hereby) constitutes the legal, valid and
binding obligation of the Borrower enforceable in accordance with its terms subject to the effects of bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws
relating to or affecting creditors' rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing. 

        SUBPART
4.2. Representations and Warranties, etc. Both before and after giving effect to this Supplement, the representations and
warranties contained in Section 5.2.1 of the Existing Credit Agreement are true and correct in all material respects, as of the date hereof with the same effect as if then made (unless stated
to relate solely to an earlier date, in which case such representations and warranties were true and correct in all material respects as of such earlier date). 

3

 

        SUBPART
4.3. Liens Unimpaired. After giving effect to this Supplement and the incurrence of the Designated Additional Term B Loans,
neither the modification of the Existing Credit Agreement effected pursuant to this Supplement nor the execution, delivery, performance or effectiveness of this Supplement and the incurrence of the
Debt represented by the Designated Additional Term B Loans: 

	(a)
	impairs
the validity, effectiveness or priority of the Liens granted in favor of the Secured Parties pursuant to the Loan Documents, and such Liens continue unimpaired with the same
priority to secure repayment of all Obligations (including any Obligations arising in connection with the making of the Designated Additional Term B Loans), whether heretofore or hereafter incurred;
or

	(b)
	requires
that any new filings be made or other action taken to perfect or to maintain the perfection of such Liens. 

PART V

MISCELLANEOUS 

        SUBPART
5.1. Cross-References. References in this Supplement to any Part or Subpart are, unless otherwise specified or otherwise required
by the context, to such Part or Subpart of this Supplement. 

        SUBPART
5.2. Loan Document Pursuant to Existing Credit Agreement. This Supplement is a Loan Document executed pursuant to the Existing
Credit Agreement and shall be construed, administered and applied in accordance with all of the terms and provisions of the Existing Credit Agreement. 

        SUBPART
5.3. Successors and Assigns. This Supplement shall be binding upon and inure to the benefit of the parties hereto and their
respective successors and assigns. 

        SUBPART
5.4. Counterparts. This Supplement may be executed by the parties hereto in several counterparts, each of which when executed and
delivered shall be deemed to be an original and all of which together shall constitute but one and the same agreement. Delivery of an executed counterpart of a signature page to this Supplement by
facsimile shall be effective as delivery of a manually executed counterpart of this Supplement. 

        SUBPART
5.5. Governing Law. THIS SUPPLEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW
YORK (INCLUDING FOR SUCH PURPOSE SECTIONS 5-1401 AND 5-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK). 

4

 

        IN
WITNESS WHEREOF, the parties hereto have caused this Supplement to be executed by their respective officers thereunto duly authorized as of the date first above written. 

	 	 	WEIGHT WATCHERS INTERNATIONAL, INC.
	

 	
 	

By:	

 Name:

Title:
	

 	
 	

THE BANK OF NOVA SCOTIA, as the Administrative Agent and as a Designated Additional Term B Loan Lender
	

 	
 	

By:	

 Name:

Title:
	

 	
 	

CREDIT SUISSE FIRST BOSTON, acting through its Cayman Islands Branch
	

 	
 	

By:	

 Name:

Title:
	

 	
 	

By:	

 Name:

Title:
	

 	
 	

 	

 [INSERT NAME OF LENDER]
	

 	
 	

By:	

 Name:

Title:

5

 
SCHEDULE II 

COMMITMENTS AND PERCENTAGES

Designated Additional Term B Loans $150,000,000 (maximum principal amount) 

	Designated Additional Term B Loan Lender
	 	Commitment
	 	Percentage

	ON FILE WITH THE ADMINISTRATIVE AGENT	 	ON FILE WITH THE ADMINISTRATIVE AGENT	 	ON FILE WITH THE ADMINISTRATIVE AGENT

6

EXHIBIT A-5  

FORM OF DESIGNATED ADDITIONAL TERM B LOAN NOTE  

	$	 	            , 2004

        FOR
VALUE RECEIVED, the undersigned, WEIGHT WATCHERS INTERNATIONAL, INC., a Virginia corporation ("WWI"), promises to pay to the
order of                        (the "Lender") the principal sum
of                        
($                        ) or, if less, the aggregate unpaid principal amount of
all Designated Additional Term B Loans shown on the schedule attached hereto (and any continuation thereof) made (or continued) by the Lender pursuant to the Fifth Amended and Restated Credit
Agreement, dated as of January 21, 2004 (as further amended, supplemented or otherwise modified prior to the date hereof, and as further amended, amended and restated, supplemented or otherwise
modified from time to time the "Existing Credit Agreement"), among the Borrower, the various financial institutions party thereto (the
"Lenders"), the Syndication Agent and the Administrative Agent, payable in installments as set forth in the Credit Agreement, with a final installment
(in the amount necessary to pay in full this Note) due and payable on the Stated Maturity Date for Designated Additional Term B Loans. Unless otherwise defined herein, terms used herein have the
meanings provided in the Credit Agreement. 

        WWI
also promises to pay interest on the unpaid principal amount hereof from time to time outstanding from the date hereof until maturity (whether by acceleration or otherwise) and,
after maturity, until paid, at the rates per annum and on the dates specified in the Credit Agreement. 

        Payments
of both principal and interest are to be made in U.S. Dollars in same day or immediately available funds to the account designated by the Administrative Agent pursuant to the
Credit Agreement. 

        This
Note is one of the Designated Additional Term B Loan Notes referred to in, and evidences Indebtedness incurred under, the Credit Agreement, to which reference is made for a
description of the security for this Note and for a statement of the terms and conditions on which WWI is permitted and required to make prepayments and repayments of principal of the Indebtedness
evidenced by this Note and on which such Indebtedness may be declared to be immediately due and payable. 

        All
parties hereto, whether as makers, endorsers, or otherwise, severally waive presentment for payment, demand, protest and notice of dishonor. 

        THIS NOTE HAS BEEN DELIVERED IN NEW YORK, NEW YORK AND SHALL BE DEEMED TO BE A CONTRACT MADE UNDER AND GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW
YORK.

	 	 	 	 
	 	 	WEIGHT WATCHERS INTERNATIONAL, INC.
	 	 	 	 
	 	 	 	 
	

 	
 	

By:	

 Name:

Title:    

DESIGNATED ADDITIONAL TERM B LOANS AND PRINCIPAL PAYMENTS  

	 
	 	Amount of Designated

Additional Term B

Loan Made
	 	 
	 	Amount of Principal

Repaid
	 	Unpaid Principal

Balance
	 	 
	 	 

	Date
 
	 	Alternate

Base Rate
	 	LIBO

Rate
	 	Interest Period

(If Applicable)
	 	Alternate

Base Rate
	 	LIBO

Rate
	 	Alternate

Base Rate
	 	LIBO

Rate
	 	Total
	 	Notation Made By

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

   
AFFIRMATION AND CONSENT 

October 19,
2004 

The
Bank of Nova Scotia,

    as Administrative Agent under the

    Credit Agreement referred to below

                -and-

Each of the Lenders party

    to the Credit Agreement

    referred to below 

WEIGHT
WATCHERS INTERNATIONAL, INC. 

Ladies
and Gentlemen: 

        This
Affirmation and Consent is delivered to you pursuant to Section 3.1.4 of the Supplement, dated as of the date hereof (the
"Supplement") among Weight Watchers International, Inc., a Virginia corporation (the "Borrower"),
the Agents and the Lenders party thereto, the Fifth Amended and Restated Credit Agreement, dated as of January 21, 2004 (as further amended, supplemented or otherwise modified prior to the date
hereof, and as further amended, amended and restated, supplemented or otherwise modified from time to time the "Existing Credit Agreement"), among the
Borrower, the various financial institutions party thereto (the "Lenders"), the Syndication Agent and the Administrative Agent. Terms not otherwise
defined herein have the meaning assigned to such term in the Credit Agreement. 

        By
its signature below, each of the undersigned (each a "Signatory") hereby acknowledges, consents and agrees to the modification of the
Existing Credit Agreement pursuant to the terms and provisions set forth in the Supplement. 

        Each
Signatory acknowledges that the Borrower has incurred up to $150,000,000 of additional Debt in the form of Designated Additional Term B Loan. Also, each Signatory hereby reaffirms,
as of the Supplement Effective Date (as defined in the Supplement), (i) the covenants and agreements contained in each Loan Document to which it is a party, in each case, as such covenants and
agreements may be modified by the Credit Agreement, (ii) its guarantee of payment of the Obligations pursuant to the applicable Guaranty, and (iii) its pledges and other grants of Liens
in respect of the Obligations pursuant to the applicable Loan Documents to which such Signatory is a party. 

        Each
Signatory hereby represents and warrants that, immediately after giving effect to the Supplement, (i) no Default has occurred and is continuing, and (ii) each Loan
Document, to which it is a party continues to be a legal, valid and binding obligation of the undersigned, enforceable against such party in accordance with their respective terms (except, in any
case, as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization or similar laws affecting creditors' rights generally and by principles of equity). 

        Each
Signatory further confirms that each Loan Document, to which it is a party, is and shall continue to be in full force and effect and the same are hereby ratified and confirmed in
all respects, except that upon the occurrence of the Supplement Effective Date, all references in such Loan Documents to the "Credit Agreement", "Loan Documents", "thereunder", "thereof", or words of
similar import shall mean the Credit Agreement and the other Loan Documents, as the case may be, in each case after giving effect to the Supplement. 

        Each
Signatory hereby acknowledges and agrees that the acceptance by the Administrative Agent and each Lender of this document shall not be construed in any manner to establish (or
indicate) any 

1

 

course
of dealing on the Administrative Agent's or any Lender's part, including the providing of any notice or the requesting of any acknowledgment not otherwise expressly provided for in any Loan
Document with respect to any future amendment, waiver, supplement or other modification to any Loan Document or any arrangement contemplated by any Loan Document. 

        This
Affirmation and Consent is a Loan Document executed pursuant to the Credit Agreement and shall be construed, administered and applied in accordance with all of the terms and
provisions of the Credit Agreement. This Affirmation and Consent shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. 

        THIS AFFIRMATION AND CONSENT SHALL BE DEEMED TO BE A CONTRACT MADE UNDER AND GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING FOR SUCH PURPOSES
SECTION 5-1401 AND 5-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK).

        This
Affirmation and Consent may be executed in any number of counterparts by the parties hereto, each of which counterparts when so executed shall be an original, but all the
counterparts shall together constitute one and the same agreement. Delivery of an executed counterpart of a signature page to this Affirmation and Consent by facsimile shall be effective as delivery
of a manually executed counterpart of this Affirmation and Consent. 

2

 

        IN
WITNESS WHEREOF, each of the undersigned has executed and delivered this Affirmation and Consent as of the date first above written. 

	 	 	WEIGHT WATCHERS UK HOLDING LTD
	

 	
 	
By:	

 
	 	 	 	
 Title:
	

 	
 	
WEIGHT WATCHERS INTERNATIONAL

HOLDINGS LTD
	

 	
 	
By:	

 
	 	 	 	
 Title:
	

 	
 	
WEIGHT WATCHERS U.K. LTD
	

 	
 	
By:	

 
	 	 	 	
 Title:
	

 	
 	
WAIST WATCHERS, INC.

WEIGHT WATCHERS DIRECT, INC.

WEIGHT WATCHERS NORTH AMERICA, INC.

W/W TWENTYFIRST CORPORATION

W.W. WEIGHT REDUCTION SERVICES, INC.

W.W.I. EUROPEAN SERVICES, LTD

W.W. INVENTORY SERVICE CORP.

58 WW FOOD CORP.

WEIGHT WATCHERS CAMPS, INC.

W.W. CAMPS AND SPAS, INC.
	

 	
 	
By:	

 
	 	 	 	
 Title:
	

 	
 	
WEIGHT WATCHERS INTERNATIONAL PTY LTD
	

 	
 	
By:	

 
	 	 	 	
 Title:
	

 	
 	

By:	

 
	 	 	 	
 Title:
	 	 	 	 

3

 

	

 	
 	
FORTUITY PTY LTD
	

 	
 	
By:	

 
	 	 	 	
 Title:
	

 	
 	

By:	

 
	 	 	 	
 Title:
	

 	
 	
GUTBUSTERS PTY LTD
	

 	
 	
By:	

 
	 	 	 	
 Title:
	

 	
 	

By:	

 
	 	 	 	
 Title:
	

 	
 	
WW FUNDING CORP.
	

 	
 	
By:	

 
	 	 	 	
 Title:
	

 	
 	
ARTAL LUXEMBOURG S.A.
	

 	
 	
By:	

 
	 	 	 	
 Title:

4

QuickLinks

EXHIBIT 10.1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00074-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00074-of-00352.parquet"}]]