Document:

AMENDMENT NO. 5 TO THE LOAN AND SECURITY AGREEMENT
               --------------------------------------------------

         This AMENDMENT NO. 5 ("Amendment No. 5") dated as of February 14, 2006
to the Loan and Security Agreement dated as of January 18, 2002 by and between
MISONIX, INC., a New York corporation with offices at 1938 New Highway,
Farmingdale, New York 11735 ("Debtor") and BANK OF AMERICA, N.A., as successor
by merger to Fleet National Bank, a national banking association having a place
of business at 300 Broad Hollow Road, Melville, New York 11747 ("Secured
Party"), as amended by Amendment No. 1 to the Loan and Security Agreement dated
as of November 12, 2002, as further amended by Amendment No. 2 to the Loan and
Security Agreement dated June 20, 2003, as further amended by Amendment No. 3 to
the Loan and Security Agreement dated as of January 18, 2005, as further amended
by Amendment No. 4 to the Loan and Security Agreement dated as of February 18,
2005.

                              W I T N E S S E T H:
                              - - - - - - - - - -

         WHEREAS, on January 18, 2002, Debtor and Secured Party had entered into
a certain loan and security agreement, as amended by Amendment No. 1 to the Loan
and Security Agreement dated on or about November 11, 2002, as further amended
by Amendment No. 2 to the Loan and Security Agreement dated June 20, 2003, as
further amended by Amendment No. 3 to the Loan and Security Agreement dated as
of January 18, 2005, as further amended by Amendment No. 4 to the Loan and
Security Agreement dated as of February 18, 2005 (collectively, the "Loan
Agreement").

         WHEREAS, Debtor has requested that Secured Party, among other things,
amend certain financial covenants, and the Secured Party has agreed to do so, in
the manner set forth below, provided however, that among other things, Debtor
execute this Amendment No. 5.

         NOW, THEREFORE, in consideration of the mutual promises and for other
good and valuable consideration, the receipt of which is hereby acknowledged,
the parties hereto agree as follows:

         1. Section 9.26. (a) of the Loan Agreement shall be amended in its
entirety to read as follows:

                                    (a) Commencing on December 31, 2006, Debtor
                           and its Consolidated Subsidiaries shall maintain at
                           all times a ratio of Funded Debt to EBITDA of not
                           greater than 2.00 to 1, to be tested on a
                           consolidated basis at the end of each fiscal quarter,
                           based upon the financial statements required to be
                           submitted to Secured Party pursuant to Section 9.1.
                           herein, and shall be tested on a trailing
                           four-quarter basis.

          2. Section 9.26. (b) of the Loan Agreement shall be amended in its
entirety to read as follows:

                                    (b) Debtor and its domestic Consolidated
                           Subsidiaries shall maintain at all times a "Quick
                           Ratio" of not less than 1.25 to 1, to be tested on a
                           consolidated basis at the end of each fiscal quarter,
                           based upon the financial statements required to be
                           submitted to Secured Party pursuant to Section 9.1.
                           herein. "Quick Ratio" shall be defined as (cash, cash
                           equivalents, and Receivables, net of bad debt
                           reserves) to (Current Liabilities).

         3. The following sub section (e) shall be added to Section 9.26. of the
Loan Agreement:

                                    (e) At all times through December 30, 2006,
                           Debtor and its Consolidated Subsidiaries shall
                           maintain a minimum consolidated EBITDA of $750,000.00
                           per quarter.

         4. As an inducement to the Secured Party's modifying the Loan Agreement
pursuant to the terms hereof, Debtor agrees to pay, upon execution of this
Agreement, Secured Party's counsel's legal fees plus disbursements thereof, as
set forth in the invoice delivered to Debtor as of the date hereof.

         5. This Amendment No. 5 and the other Transaction Documents, and the
rights and obligations of the parties hereunder or thereunder, as the case may
be, will be construed and interpreted in accordance with the laws of the State
of New York (excluding the laws applicable to conflicts or choice of law).

         6. DEBTOR AGREES THAT ANY SUIT FOR THE ENFORCEMENT OF THIS AMENDMENT
NO. 5 OR ANY OF THE OTHER TRANSACTION DOCUMENTS MAY, AT THE OPTION OF SECURED
PARTY, BE BROUGHT IN THE COURTS OF THE STATE OF NEW YORK OR ANY FEDERAL COURT
SITTING THEREIN AND CONSENTS TO THE NONEXCLUSIVE JURISDICTION OF SUCH COURT AND
SERVICE OF PROCESS IN ANY SUCH SUIT BEING MADE UPON DEBTOR BY MAIL AT THE
ADDRESS SET FORTH IN THIS AMENDMENT NO. 5. DEBTOR HEREBY WAIVES ANY OBJECTION
THAT IT MAY NOW OR HEREAFTER HAVE TO THE VENUE OF ANY SUCH SUIT OR ANY SUCH
COURT OR THAT SUCH SUIT IS BROUGHT IN AN INCONVENIENT FORUM.

         7. Debtor hereby grants to Secured Party a continuing lien, security
interest and right of setoff as security for all liabilities and obligations to
Secured Party, whether now existing or hereafter arising, upon and against all
deposits, credits, collateral and property, now or hereafter in the possession,
custody, safekeeping or control of Secured Party or any entity under the control
of Bank of America or in transit to any of them. At any time, without demand or
notice (any such notice being expressly waived by Debtor), Secured Party may set
off the same or any

part thereof and apply the same to any liability or obligation of Debtor even
though unmatured and regardless of the adequacy of any other collateral securing
the Loans. ANY AND ALL RIGHTS TO REQUIRE SECURED PARTY TO EXERCISE ITS RIGHTS OR
REMEDIES WITH RESPECT TO ANY OTHER COLLATERAL WHICH SECURES THE LOANS, PRIOR TO
EXERCISING ITS RIGHT OF SETOFF WITH RESPECT TO SUCH DEPOSITS, CREDITS OR OTHER
PROPERTY OF THE DEBTOR OR ANY GUARANTOR, ARE HEREBY KNOWINGLY, VOLUNTARILY AND
IRREVOCABLY WAIVED.

         8. DEBTOR AND SECURED PARTY (BY ENTERING INTO THIS AMENDMENT NO. 5)
MUTUALLY HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE THE RIGHT TO A
TRIAL BY JURY IN RESPECT OF ANY CLAIM BASED HEREON, ARISING OUT OF, UNDER OR IN
CONNECTION WITH THE AGREEMENT (INCLUDING THIS AMENDMENT NO. 5) OR ANY OF THE
OTHER TRANSACTION DOCUMENTS CONTEMPLATED TO BE EXECUTED IN CONNECTION HEREWITH
OR ANY COURSE OF CONDUCT, COURSE OF DEALINGS, STATEMENTS (WHETHER VERBAL OR
WRITTEN) OR ACTIONS OF ANY PARTY, INCLUDING, WITHOUT LIMITATION, ANY COURSE OF
CONDUCT, COURSE OF DEALINGS, STATEMENTS OR ACTIONS OF SECURED PARTY RELATING TO
THE ADMINISTRATION OF THE LOANS OR ENFORCEMENT OF THE TRANSACTION DOCUMENTS, AND
AGREE THAT NEITHER PARTY WILL SEEK TO CONSOLIDATE ANY SUCH ACTION WITH ANY OTHER
ACTION IN WHICH A JURY TRIAL CANNOT BE OR HAS NOT BEEN WAIVED. EXCEPT AS
PROHIBITED BY LAW, DEBTOR HEREBY WAIVES ANY RIGHT IT MAY HAVE TO CLAIM OR
RECOVER IN ANY LITIGATION ANY SPECIAL, EXEMPLARY, PUNITIVE OR CONSEQUENTAL
DAMAGES OR ANY DAMAGES OTHER THAN, OR IN ADDITION TO, ACTUAL DAMAGES. DEBTOR
CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF SECURED PARTY HAS
PRESENTED, EXPRESSLY OR OTHERWISE, THAT SECURED PARTY WOULD NOT, IN THE EVENT OF
LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER. THIS WAIVER CONSTITUTES A
MATERIAL INDUCEMENT FOR SECURED PARTY TO ENTER INTO THIS AMENDMENT NO. 5.

          IN WITNESS WHEREOF, the parties have executed this Amendment No. 5 as
of the day and year first above written.

         BANK OF AMERICA, N.A., as successor
         by merger to Fleet National Bank

         By:  /s/ Martha Novak
              ---------------------------------------
                  Name:  Martha Novak
                  Title:  Senior Vice President

         MISONIX, INC.

         By:  /s/ Michael A. McManus
              ---------------------------------------
                  Name:  Michael A. McManus, Jr.
                  Title:  President and Chief Executive OfficerRights Certificate No.:                                         NUMBER OF RIGHTS

THE TERMS AND CONDITIONS OF THE RIGHTS OFFERING ARE SET FORTH IN THE COMPANY'S
PROSPECTUS SUPPLEMENT DATED FEBRUARY 17, 2006 TO THE PROSPECTUS DATED DECEMBER
13, 2005 (TOGETHER, THE "PROSPECTUS") AND ARE INCORPORATED HEREIN BY REFERENCE.
COPIES OF THE PROSPECTUS ARE AVAILABLE UPON REQUEST FROM D.F. KING & CO., INC.,
THE INFORMATION AGENT.

                                  REVLON, INC.             CUSIP No. 761525 12 0

              Incorporated under the laws of the State of Delaware

                         SUBSCRIPTION RIGHTS CERTIFICATE
          Evidencing Subscription Rights to Purchase Shares of Class A
                          Common Stock of Revlon, Inc.
                       Subscription Price: $2.80 per Share

  THE SUBSCRIPTION RIGHTS WILL EXPIRE IF NOT EXERCISED ON OR BEFORE 5:00 P.M.,
     NEW YORK CITY TIME, ON MARCH 20, 2006, UNLESS EXTENDED BY THE COMPANY

REGISTERED OWNER:

THIS CERTIFIES THAT the registered owner whose name is inscribed hereon is the
owner of the number of subscription rights ("Rights") set forth above. Each
Right entitles the holder thereof, or its assigns, to subscribe for and purchase
0.1057 shares of Class A Common Stock, with par value of $0.01 per share, of
Revlon, Inc., a Delaware corporation, at a subscription price of $2.80 per share
(the "Basic Subscription Privilege"), pursuant to a rights offering (the "Rights
Offering"), on the terms and subject to the conditions set forth in the
Prospectus and the "Instructions as to Use of Revlon, Inc. Subscription Rights
Certificates" (the "Instructions") accompanying this Subscription Rights
Certificate. In the event of any inconsistency between the Prospectus and the
Instructions, the Prospectus shall govern. Revlon, Inc. will not be issuing
fractional shares; accordingly, a Rights holder needs to hold at least ten
Rights in order to purchase one share of Class A common stock pursuant to the
Basic Subscription Privilege. If any shares of Class A Common Stock available
for purchase in the Rights Offering are not purchased by other holders of Rights
pursuant to the exercise of their Basic Subscription Privilege (the "Excess
Shares"), any Rights holder that exercises its Basic Subscription Privilege in
full may subscribe for a number of Excess Shares at the $2.80 per share
subscription price pursuant to the terms and conditions of the Rights Offering,
subject to proration, as described in the Prospectus (the "Over-Subscription
Privilege"). The Rights represented by this Subscription Rights Certificate may
be exercised by completing Form 1 and any other appropriate forms on the reverse
side hereof and by returning the full payment of the subscription price for each
share of Class A Common Stock in accordance with the Instructions. The Rights
evidenced by this Subscription Rights Certificate may also be transferred or
sold by completing the appropriate forms on the reverse side hereof in
accordance with the Instructions.

Transferable on the books of Revlon, Inc. in person or by duly authorized
attorney upon surrender of this Subscription Rights Certificate properly
endorsed. This Subscription Rights Certificate is not valid unless countersigned
by the transfer agent and registered by the registrar.

Dated:  February 17, 2006

         /s/ Jack L. Stahl
----------------------------------
           Jack L. Stahl
President, Chief Executive Officer
  and Principal Executive Officer

         /s/ Robert K. Kretzman
-----------------------------------------
           Robert K. Kretzman
Executive Vice President, General Counsel
             and Secretary

              DELIVERY OPTIONS FOR SUBSCRIPTION RIGHTS CERTIFICATE

                         By Mail or Over Night Courier:
                     AMERICAN STOCK TRANSFER & TRUST COMPANY
                                OPERATIONS CENTER
                            ATTN: EXCHANGE DEPARTMENT
                                6201 15TH AVENUE
                               BROOKLYN, NY 11219

                                    By Hand:
                     American Stock Transfer & Trust Company
                            Attn: Exchange Department
                           59 Maiden Lane, Plaza Level
                               New York, NY 10038

Delivery other than in the manner or to the addresses listed above will not
constitute valid delivery.

                PLEASE PRINT ALL INFORMATION CLEARLY AND LEGIBLY.

FORM 1-EXERCISE OF SUBSCRIPTION RIGHTS

To subscribe for shares pursuant to your Basic Subscription Privilege, please
complete line (a) and sign under Form 5 below. To subscribe for shares
pursuant to your Over-subscription Privilege, please also complete line (b) and
sign under Form 5 below.

(a) EXERCISE OF BASIC SUBSCRIPTION PRIVILEGE:

I exercise _____________ Rights   x   0.1057     =   __________________
          (no. of Rights)            ---------       (no. of new shares)
                                     (ratio)

therefore, I apply for __________ shares x $       2.80       = $______________
                   (no. of new shares)    (subscription price) (amount enclosed)

(b) EXERCISE OF OVER-SUBSCRIPTION PRIVILEGE

If you have exercised your Basic Subscription Privilege in full and wish to
subscribe for additional shares pursuant to your Over-Subscription Privilege:

I apply for _______________ shares x $       2.80          = $_________________
         (no. of new shares)          (subscription price)    (amount enclosed)

Total Amount of Payment Enclosed = $________________

METHOD OF PAYMENT (CHECK ONE)

[ ] Check or bank draft drawn on a U.S. bank, or postal telegraphic or express
    money order payable to "American Stock Transfer & Trust Company, as
    Subscription Agent." Funds paid by an uncertified check may take at least
    five business days to clear.

[ ] Wire transfer of immediately available funds directly to the account
    maintained by American Stock Transfer & Trust Company, as Subscription
    Agent, for purposes of accepting subscriptions in this Rights Offering at
    JPMorgan Chase Bank, 55 Water Street, New York, New York 10005, ABA
    #21000021, Account #323-053785.

FORM 2-SALE OR TRANSFER TO DESIGNATED TRANSFEREE OR THROUGH BANK OR BROKER

To sell or transfer your subscription rights to another person, complete this
form and have your signature guaranteed under Form 6. To sell your subscription
rights through your bank or broker, sign below under this Form 2 and have your
signature guaranteed under Form 6, but leave the rest of this Form 2 blank.

For value received __________ of the subscription rights represented by this
Subscription Rights Certificate are assigned to:

        ---------------------------------------------------------------
                          (Print Full Name of Assignee)

        ---------------------------------------------------------------
                              (Print Full Address)

        ---------------------------------------------------------------
                          Tax ID or Social Security No.

        ---------------------------------------------------------------
                                  Signature(s)

IMPORTANT: The signature(s) must correspond with the name(s) as printed on the
reverse of this Subscription Rights Certificate in every particular, without
alteration or enlargement, or any other change whatsoever.

FORM 3- [ ] CHECK HERE TO SELL YOUR UNEXERCISED SUBSCRIPTION RIGHTS THROUGH
AMERICAN STOCK TRANSFER & TRUST COMPANY, AS SUBSCRIPTION AGENT.

If you want the Subscription Agent to attempt to sell your unexercised
subscription rights, check the box above on this Form 3, sign under Form 5 and
have your signature guaranteed under Form 6.

FORM 4-DELIVERY TO DIFFERENT ADDRESS

If you wish for the Class A Common Stock underlying your subscription rights, a
certificate representing unexercised subscription rights or the proceeds of any
sale of subscription rights to be delivered to an address different from that
shown on the face of this Subscription Rights Certificate, please enter the
alternate address below, sign under Form 5 and have your signature guaranteed
under Form 6.

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

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

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FORM 5-SIGNATURE

TO SUBSCRIBE: I acknowledge that I have received the Prospectus for this Rights
Offering and I hereby irrevocably subscribe for the number of shares indicated
above on the terms and conditions specified in the Prospectus.

TO SELL: If I have completed Form 3, I authorize the sale by the Subscription
Agent, according to the procedures described in the Prospectus, of any
subscription rights represented by this Subscription Rights Certificate but not
exercised hereby.

--------------------------------------------------------------------------------
Signature(s)

IMPORTANT: The signature(s) must correspond with the name(s) as printed on the
reverse of this Subscription Rights Certificate in every particular, without
alteration or enlargement, or any other change whatsoever.

FORM 6-SIGNATURE GUARANTEE

This form must be completed if you have completed any portion of Forms 2, 3
or 4.

Signature Guaranteed: __________________________________________________________
                             (Name of Bank or Firm)

By: ____________________________________________________________________________
                           (Signature of Officer)

IMPORTANT: The signature(s) should be guaranteed by an eligible guarantor
institution (bank, stock broker, savings & loan association or credit union)
with membership in an approved signature guarantee medallion program pursuant to
Securities and Exchange Commission Rule 17Ad-15.

FOR INSTRUCTIONS ON THE USE OF REVLON, INC. SUBSCRIPTION RIGHTS CERTIFICATES,
CONSULT D.F. KING & CO., THE INFORMATION AGENT, TOLL FREE, AT (800) 949-2583 AND
BANKS AND BROKERS MAY CALL THE INFORMATION AGENT AT (212) 269-5550.

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