Document:

LICENSE AGREEMENT

      This LICENSE  AGREEMENT  (the  "Agreement")  is made and entered into this
15th day of  October,  2000 by and between  Nancy  Hahn,  the mother and natural
guardian  of Hillary  Hahn,  an infant and  Licensor  hereunder  residing at 168
Canterbury  Lane,  McMurray,  Pennsylvania  15317  ("Hahn"),  Hillary  Hahn  AKA
"Juliet,"  residing at 168 Canterbury Lane,  McMurray,  Pennsylvania  15317 (the
"Licensor") and Sel-Leb  Marketing,  Inc., a New York corporation with office at
495 River Street, Paterson, New Jersey 07524 (the "Licensee").

                                    RECITALS

      WHEREAS,  Licensor,  is a recording  artist and performer  popularly known
throughout the world under the stage name "Juliet;"

      WHEREAS,  Licensor has sole ownership of Licensor's name, Licensor's stage
name "Juliet," and Licensor's autograph, likeness, portrait and picture;

      WHEREAS,  Hahn is the mother and natural guardian of Licensor,  and enters
into this agreement on Licensor's behalf;

      WHEREAS,  Licensor is the sole person  authorized to enter into agreements
relating to the licensing of Licensor's name,  Licensor's stage name,  "Juliet,"
and Licensor's autograph, likeness, portrait and picture as contemplated by this
Agreement; and

      WHEREAS,  Licensee is engaged in the business of  manufacturing,  selling,
and  distributing  various  consumer  products,  including,  but not limited to,
cosmetics, beauty products, fragrances and jewelry; and

      WHEREAS,  Licensee  desires  to  obtain,  and  Hahn for and on  behalf  of
Licensor, and Licensor individually, are willing to grant an exclusive worldwide
license to use Licensor's name,  Licensor's stage name, "Juliet," and Licensor's
autograph,  likeness,  portrait  and  picture  and consent to the use of same in
connection with the advertising,  merchandising,  promotion,  manufacture, sale,
and distribution of cosmetics, beauty products and fragrances upon the terms and
conditions hereafter set forth.

      NOW, THEREFORE,  in consideration of the forgoing and the mutual covenants
and  agreements   hereinafter  set  forth,   Licensor  and  Licensee  do  hereby
respectively grant, covenant, and agree as follows:

      1.    DEFINITIONS:  As used in this  Agreement,  the following terms shall
have the following respective meanings:

            (a)   As used  herein,  the  term  "Licensed  Products"  shall  mean
cosmetics, beauty products and fragrances.

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            (b)   As used herein,  the term "Net Sales  Proceeds" shall mean the
actual  cash  proceeds  received  by  Licensee  (less  sales and cash  discounts
actually allowed, and all actual out-of-pocket expenses paid by Licensee for the
advertising,  merchandising and promotion of products  hereunder) on the sale of
Licensed Products  hereunder.  Nothing herein shall be construed to require that
any royalty  payment or other  compensation  be provided to Licensor  unless and
until Licensee shall have actually received payment with respect to any units of
the Licensed  Products  distributed in furtherance of this  Agreement.  Licensee
shall have the right to distribute without charge, on a royalty-free  basis, and
not for resale,  a reasonable  number of review,  promotional and samples of the
Licensed Products.

      2.    GRANT OF LICENSE:  Hahn, for and on behalf of Licensor, and Licensor
individually grant to Licensee the exclusive right and worldwide  license,  with
the right to grant  sublicenses to Licensee's  affiliates and  distributors,  to
Licensor's  name,  Licensor's  stage name,  "Juliet," and Licensor's  autograph,
likeness,  portrait and hereby consent to the use of Licensor's name, Licensor's
stage name,  "Juliet,"  and the  autograph,  likeness,  portrait  and picture of
Licensor  in  connection  with  the   advertising,   merchandising,   promotion,
manufacture,   sale,  and  distribution  of  the  Licensed  Products  until  the
expiration or cancellation  of this Agreement.  Upon written notice to Licensor,
Licensee  shall  have the right to extend the terms of this  Agreement,  and the
definition  of the term  "Licensed  Products"  to include  any other  product or
products,   provided  Licensor  has  not  theretofore   entered  into  licensing
agreements  with others  relating to such other products in accordance  with the
provisions hereinafter set forth.

      3.    LICENSES FOR OTHER  PRODUCTS:  Hahn,  for and on behalf of Licensor,
and  Licensor  individually,  agree  that  Licensor  shall  not  enter  into any
licensing  agreements  authorizing the use of Licensor's name,  Licensor's stage
name "Juliet," or the autograph,  likeness,  portrait and/or picture of Licensor
with respect to any product not already subject to this agreement  without first
offering the exclusive rights to the sale or disposition of such products to the
Licensee  hereunder  on the same  terms and  subject to the same  provisions  as
offered by or to Licensor  from or by any other person or entity.  Licensee must
accept such offer in writing  within  fifteen (15) days after the offer is first
made to it by Licensor or else such right of Licensee  shall expire and be of no
effect or  consequence  with  respect to the  product or  products.  If Licensee
accepts such product or  products,  such product or products  shall be deemed to
become  included in the definition of "Licensed  Products," as used herein,  and
become subject to all of the provisions of this agreement not inconsistent  with
the terms  and  provisions  of the offer by such  other  person or  entity.  The
provisions  of this  paragraph do not in any way affect or impair the  exclusive
licensing  agreement  herein  entered  into between  Licensor and Licensee  with
respect to the Licensed Products.  As a condition to exercising its rights under
this paragraph,  Licensee must accept all of the terms and conditions  contained
in any bona fide offer obtained by Licensor and submitted to Licensee.

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      4.    PROMOTIONAL  ACTIVITIES:  Hahn,  for and on behalf of Licensor,  and
Licensor  individually,  agree that Licensor will cooperate in all  advertising,
promotion, and publicity,  will permit the use of Licensor's name and Licensor's
stage name "Juliet," will furnish,  and/or be available to produce,  a record of
and permit the use of Licensor's  voice, and will furnish and/or be available to
produce, and permit the use of, photographs,  cuts, and slides of Licensor and a
specimen or reproduction of Licensor's  signature for use in connection with the
foregoing  and also for use with  endorsements  and  testimonials  by  Licensor,
exclusively  for  Licensee  with  respect  to  the  advertising,  merchandising,
promotion, sale, or distribution of Licensed Products subject to this Agreement.
Further, Licensor will cooperate on all sales and all merchandising, promotional
advertising,  and publicity ideas and campaigns,  including personal appearances
and  performances.  All of the foregoing  shall be done at no additional cost to
Licensee  except for actual costs  incurred by Licensor.  If Licensor  makes any
personal  appearance or performances for Licensee,  Licensor shall be reimbursed
for the  actual  traveling,  food,  and  lodging  expenses  of  herself  and one
companion.  Licensee  shall not be liable  for any cost or  expense  under  this
paragraph  unless such cost is approved in writing by Licensee in advance of its
being incurred.  Hahn, for and on behalf of Licensor, and Licensor individually,
expressly  authorize  and  consent to Licensee  sending out sales and  promotion
literature  and  advertisements  under the name of "Juliet"  and to use a return
address  designated  by  Licensee,  and to receive  any and all mail in response
thereto.

      5.    CONSIDERATION:  In  full  consideration  the  grant  of the  rights,
licenses and privileges by Licensor to Licensee hereunder, Licensee shall pay to
Licensor:

            (a)   Royalty Payments: Licensee shall pay Licensor royalties at the
rate of five percent (5%) of the Net Sales Proceeds.

            (b)   Bonus: If, following October 29, 2001,  Licensor  individually
ratifies this  Agreement in writing at the request of Licensee,  Licensee  shall
pay to Licensor a bonus equal to fifty percent (50%) all Royalty Payments earned
by Licensor pursuant to Paragraph 5(a) hereof,  from the date hereof through the
date of such ratification.

            (c)   Sublicenses:  From the sublicensing  fees actually received by
Licensee,  if any, from any sublicensee based on sales of Licensed Products made
by  such  sublicensee,  Licensee  shall  pay to  Licensor  an  amount  equal  to
twenty-five  percent (25%) of such  sublicensing  fees. Should Licensee sell any
items  covered by this  Agreement  to any  sublicensee,  the Net Sales  Proceeds
received by Licensee from such sublicensee (as differentiated from the licensing
fees) shall be subject to payments by the  Licensee to the  Licensor at the rate
set forth in subparagraph (a) of this Paragraph 4.

            (d)   Royalty  Payments:  Royalties due to Licensor pursuant to this
Paragraph  4 shall be paid on or before the 30th day  following  the end of each
calendar  quarter  during  the  term of this  Agreement  based  upon  Net  Sales
Proceeds,  and  sublicensing  fees received by Licensee,  during the immediately
preceding calendar quarter.

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            (e)   Reports and Records:  On or before the 30th day  following the
end of each calendar  quarter during the term of this Agreement,  Licensee shall
furnish to  Licensor  complete  and  accurate  statements  showing  the sales of
Licensed  Product(s)  subject  to  this  agreement  by  Licensee  or  any of its
affiliated,  associated or subsidiary  companies  during the preceding  calendar
quarter,  and all sublicensing  agreements  hereunder.  Such statements shall be
furnished to Licensor whether or not any of the Licensed Products have been sold
during calendar quarters to which such statements  refer.  Receipt or acceptance
by Licensor of any of the statements  furnished pursuant to this Agreement or of
any sums paid  hereunder  shall  not  preclude  Licensor  from  questioning  the
correctness  thereof at any time, and in the event that any  inconsistencies  or
mistakes are discovered in such statements or payments,  they shall  immediately
be rectified and the  appropriate  payments made by Licensee.  Licensee shall be
entitled to withhold a reserve for  returns,  to be  reconciled  and  liquidated
quarterly,  equal to fifteen  (15%)  percent of the Net Sales  Proceeds  for the
quarter being reported.

      6.    TERM:  This Agreement  shall be effective as of the date above first
written and shall continue, unless sooner terminated as provided for herein, for
a period of five (5) years through and including  October 14, 2005 (the "Initial
Term").  Notwithstanding the foregoing,  if Licensor has not been paid a minimum
of $400,000 by the second  anniversary  of the date hereof,  Licensor shall have
the option,  within thirty (30) days after such date,  to give Licensee  written
notice of Licensor's intention to terminate this Agreement. Thereafter, Licensee
shall pay to Licensor the minimum sum of $250,000 for each of the third,  fourth
and fifth license years  hereunder.  If Licensee does not pay the minimum amount
of $250,000 to Licensor during each of the third,  fourth and fifth license year
hereunder, Licensor shall have the option, within thirty (30) days after the end
of any  such  license  year,  to give  Licensee  written  notice  of  Licensor's
intention to terminate this Agreement.

            (a)   If by October 14, 2005,  Licensee  shall have satisfied all of
the requirements for payment pursuant to this Agreement and shall have otherwise
performed all of its  obligations  hereunder,  Licensee shall have the option to
extend  this  Agreement  for an  additional  five (5) year  period  through  and
including October 14, 2009 (the "Renewal Term"), upon written notice to Licensor
prior to the expiration of the Initial Term.  During the Renewal Term,  Licensee
shall pay to Licensor an annual minimum amount of $500,000. If Licensee does not
pay the  agreed-upon  minimum  amount for each license year of the Renewal Term,
Licensor  shall have the  option,  within  thirty (30) days after the end of any
such license year, to give Licensee  written  notice of Licensor's  intention to
terminate this Agreement.

            (b)   If by October 14, 2009,  Licensee  shall have satisfied all of
the requirements for payment pursuant to this Agreement and shall have otherwise
performed all of its  obligations  hereunder,  Licensee shall have the option to
extend  this  Agreement  for an  additional  five (5) year  period  through  and
including  October 14, 2014 (the "Second Renewal Term"),  upon written notice to
Licensor prior to the expiration of the Renewal Term.  During the Second Renewal
Term, Licensee shall pay to Licensor,  an annual minimum amount of $750,000.

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If Licensee does not pay the agreed-upon minimum amount for each license year of
such Second  Renewal Term,  Licensor  shall have the option,  within thirty (30)
days after the end of any such license year, to give Licensee  written notice of
Licensor's intention to terminate this Agreement.

            (c)   Licensee  shall not be under a duty or  obligation  to pay any
minimum amount set forth in this Paragraph 3. Such minimum  amounts are required
for  renewal  purposes  only and  shall be  subject  to the  cumulative  credits
referred to in Paragraph 7.

            (d)   A license year, under this Agreement,  shall be a period of 12
months  commencing  on  October  15 of one year and  ending on October 14 of the
following year.

      7.    CREDITS FOR RENEWALS:  Notwithstanding the provisions of Paragraph 6
hereof, if in any license year or years, commencing from the two (2) year period
ended  October 14,  2002,  the amounts  paid by Licensee to Licensor  exceed the
minimum  amount  required  for  renewal,   such  excess  or  excesses  shall  be
cumulatively  credited  toward minimum  amounts  required for renewal for future
license  years,  in order to make up any minimum  renewal amount due to Licensor
for any particular  year or years.  The provisions of this Paragraph 7 shall not
in any way affect the payments provided for in Paragraph 5 hereof, so that if in
any license year the payments due to Licensor from  Licensee  exceed the minimum
amount,  such amounts shall nevertheless be paid and such excess merely credited
toward the future minimum amounts required for renewal.

      8.    RESERVATION OF RIGHTS:

            (a)   Licensee  acknowledges  that  Licensor  retains all rights not
expressly and exclusively conveyed to Licensee hereunder.

            (b)   Notwithstanding  anything  contained  herein to the  contrary,
Licensor  expressly  agrees that the Licensee is the sole and exclusive owner of
any use and/or  rendition of Licensee's name and picture during the term of this
Agreement in connection with the Licensed Products ("Property Rights").  Nothing
contained  herein shall be construed as an  assignment to Licensor of any right,
title or interest in the Property Rights.  Licensor  recognizes the value of the
goodwill which shall be developed in connection  with the Licensed  Products and
any use and/or rendition of Licensor's name and likeness.

      9.    BOOKS AND RECORDS:  Licensee  shall keep,  maintain and preserve (in
Licensee's  principal  place of business)  for at least two (2) years  following
termination  or  expiration  of the term of this  Agreement  or any  renewals or
extensions hereof, complete and accurate records of accounts including,  without
limitation, invoices,  correspondence,  banking and financial, and other records
pertaining to the various items required to be submitted to Licensor by Licensee
hereunder.  Such records and accounts shall be made available for inspection and
audit by the  Licensor at the offices of the  Licensee  during  normal  business
hours,  upon no less than ten (10) days notice during the term of this Agreement
or any renewal(s) or extensions  hereof,  but not more

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frequently  than  once  per  calendar  year.  All  materials  shall  be  held in
confidence  and not used for any purpose  except for purposes of  enforcing  the
terms of this  Agreement.  Any such  inspections or audits shall be conducted at
Licensor`s  expense unless the audit  establishes an  underpayment  of five (5%)
percent or more for the period  subject to audit,  in which case the  expense of
such audit shall be borne by Licensee.  All books and records  maintained by the
Licensee  pursuant to this Agreement are the sole and exclusive  property of the
Licensee and may not at any time be copied or removed from  Licensee's  offices.
All  Royalty  Reports  and  Royalty  Payments  tendered  by Licensee to Licensor
pursuant  to this  Agreement  shall be deemed  accepted  by the  Licensor if not
disputed, in writing, within one (1) year of their being received by Licensor.

      10.   INDEMNIFICATIONS:

            (a)   Licensor  hereby  indemnifies  and  agrees to defend  and hold
Licensee and its affiliates and their respective  agents,  servants,  employees,
officers,  and directors  harmless from and against any and all claims,  losses,
damages,  liabilities,  and associated expenses (including reasonable attorneys'
fees)  arising  out of or relating to any claims or suits that may be brought or
made against  Licensee  arising out of or relating to  Licensor's  breach of any
provision of this Agreement or its warranties and  representations  as set forth
in  Paragraph  14 hereof,  or any claim by a third party that  Licensor's  name,
likeness  and/or picture  licensed  hereunder  infringe the rights of said third
party.

            (b)   Licensee  hereby  indemnifies  and  agrees to defend  and hold
Licensee and Licensee's agents, servants and employees harmless from and against
any and all  claims,  losses,  damages,  liabilities,  and  associated  expenses
(including  reasonable attorneys' fees) arising out of or relating to any claims
or suits that may be brought or made against Licensor arising out of or relating
to Licensee's  breach of any provision of this  Agreement or its  warranties and
representations as set forth in Paragraph 14 hereof.

            (c)   Licensee agrees to maintain  comprehensive  general  liability
insurance,  including product  liability  insurance in the amount of One Million
Dollars  ($1,000,000.00)  per incident and Five Million Dollars  ($5,000,000.00)
umbrella excess coverage.

            (d)   The   provisions  of  this  Paragraph  10  shall  survive  the
termination of this Agreement for three (3) years.

            (e)   The indemnifications  provided for herein are conditioned upon
the  indemnified  party  furnishing the  indemnifying  party with prompt written
notice  of any such  claim or suit and  upon the  indemnified  party  furnishing
reasonable cooperation and witnesses,  if necessary, in defense of such claim or
suit. In such event, the  indemnifying  party shall have the option and right to
undertake and conduct the defense of any such claim or suit.

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      11.   DEFENSE OF NAME:  Licensee  agrees that if it receives  knowledge of
the unauthorized use of Licensor's name,  autograph,  likeness or picture, or of
any use confusingly  similar  thereto,  Licensee will promptly call such fact to
the  attention  of  Licensor.  Licensor  shall then have the option to institute
legal  proceedings to prevent such use, and Licensee shall cooperate and assist,
and, if requested by Licensor,  join in the prosecution of any such action.  Any
such legal  proceedings  shall be the sole expense of  Licensor.  If Licensee is
joined in such proceeding,  Licensor shall indemnify and hold harmless  Licensee
from and against  any claim,  sanction,  liability,  damages,  attorney`s  fees,
judgments, or orders of any kind arising out of such proceeding.

      12.   QUALITY OF LICENSED PRODUCTS:

            (a)   The Licensed  Products  shall be of high  standard and of such
style,  appearance  and  quality  as shall be  adequate  and  suitable  to their
promotion, distribution and sale to the best advantage of Licensee and Licensor.
To this end, Licensee shall,  before selling or distributing any of the Licensed
Products,  furnish  to  Licensor  free of cost a  sample  of each  such  product
together  with its cartons and  containers,  including  packaging  and  wrapping
material.  The quality and style of such product and its cartons and  containers
shall be  subject  to  Licensor`s  approval,  which  shall  not be  unreasonably
withheld.  In the event that any item  submitted to Licensor shall not have been
approved,  disapproved  or otherwise  commented upon within seven (7) days after
receipt  thereof by Licensor any items so submitted shall be deemed to have been
approved. After samples of Licensed Products have been approved pursuant to this
Paragraph  12,  Licensee  shall not depart  therefrom  in any  material  respect
without Licensor's prior consent.

            (b)   Subject  to the  terms  hereof,  Hahn,  for and on  behalf  of
Licensor, and Licensor,  individually,  grant to Licensee and consent to the use
by Licensee of the results and proceeds of Licensor's services under Paragraph 4
hereof for such advertising,  promotional and display materials for the Licensed
Products as will best promote the sale of said  Licensed  Products in Licensee's
judgment.  To this  end,  Licensee  shall  furnish  to  Licensor  a copy of such
advertising,  promotional and display materials which may be used by Licensee in
a national mass consumer  advertising medium or in a national consumer promotion
campaign  including,  but  not  by  way  of  limitation,  all  product  "tie-in"
advertising and promotion campaigns prior to the release thereof, which shall be
subject to Licensor`s approval,  which shall not be unreasonably  withheld.  All
pictures and  illustrations  of Licensor or reproductions of Licensor's voice or
direct  quotations  attributed to Licensor shall likewise be subject to approval
of Licensor.  In the event that any  materials  submitted to Licensor  shall not
have been  approved,  disapproved  or otherwise  commented upon within seven (7)
days after  receipt  thereof by Licensor any  materials  so  submitted  shall be
deemed to have been approved.  After said materials have been approved  pursuant
to this  Paragraph  12,  Licensee  shall not depart  therefrom  in any  material
respect  without  Licensor's  prior consent.  A reasonable  number of production
copies  of all such  advertising,  promotional  and  display  materials  will be
furnished to Licensor free of charge.

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            (c)   Licensor's  rights of approval are hereby restricted solely to
the material and matter  covered by this  Paragraph 12. Once such approvals have
been obtained further approval need not be obtained for future or repeat use. No
promotion or advertising copy shall be unflattering or detrimental to Licensor.

      13.   CONTROL BY LICENSEE OF BUSINESS:  Notwithstanding anything herein to
the contrary,  Licensee  shall have the sole authority to determine the mode and
method of advertising,  merchandising,  promoting,  manufacturing,  selling, and
distributing all products  subject to this Agreement,  and the sole authority to
fix  the  prices,  discounts,  and  terms  of sale  to all  purchasers,  whether
consumers, dealers or distributors.

      14.   WARRANTIES AND REPRESENTATIONS:

            (a)   Each party represents to the other party, respectively, that:

                  (i)   it is  duly  organized,  validly  existing  and in  good
standing under the laws of the jurisdiction of its organization;

                  (ii)  it has full power and  authority  to execute and deliver
this Agreement, and to perform its obligations hereunder; and,

                  (iii) this Agreement  constitutes a valid and legally  binding
obligation of it, enforceable  against it in accordance with its terms,  subject
to  bankruptcy,  insolvency,  reorganization,  moratorium  and  similar  laws of
general  applicability  relating to or affecting  creditors'  rights and general
equity principals.

            (b)   Licensor represents and warrants to Licensee that:

                  (i)   It  has,  and  will  have  throughout  the  term of this
Agreement, the right to license licensor's name, likeness and picture; and,

                  (ii)  The  making  of this  Agreement  by  Licensor  does  not
violate any agreements,  rights or obligations existing between Licensor and any
other person, firm or corporation.

            (c)   The provisions of this Section 11 shall survive termination of
this Agreement.

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      15.   SPECIFIC UNDERTAKINGS:

            (a)   Of  Licensee:  During the term and any  renewal  or  extension
period herein provided for,  Licensee agrees that it will, (i) not harm,  misuse
or bring  into  disrepute  the name,  likeness  or  picture  of  Licensor;  (ii)
manufacture,  sell and distribute the Licensed Products in an ethical manner and
in accordance  with the terms and intent of this  Agreement;  (iii) not incur or
create any expenses chargeable to Licensor without the prior written approval of
Licensor;   (iv)  comply  with  all  laws  and  regulations  pertaining  to  the
manufacture,  sale,  advertising  or use  of the  Licensed  Products  and  shall
maintain the highest quality and standards, and shall comply with any regulatory
agencies which shall have jurisdiction over the Licensed Products;  and, (v) use
its  reasonable  best efforts to  manufacture,  distribute and sell the Licensed
Products throughout the Territory.

            (b)   Of  Licensor:  During the term and any  renewal  or  extension
period herein  provided  for,  Licensor  agrees that it will,  (i) not incur any
expense or perform any  business  function  of any nature or kind in  connection
with the  business  of the  Licensee  without the  express  written  approval of
Licensee;  (ii) not  engage  in any  business  competitive  to the  business  of
Licensee or aid any competitor in any manner, directly or indirectly, during the
term of this  agreement not incur or create any expenses  chargeable to Licensor
without the prior written  approval of Licensor;  (iii) use its reasonable  best
efforts to aid Licensee and cooperate in the advertising,  promotion, publicity,
marketing,  distribution  and  sale  of the  Licensed  Products  throughout  the
Territory.

      16.   TERMINATION OF LICENSE:

            (a)   This  Agreement  may be  terminated  by Licensee at Licensee's
sole  option,  upon the death of  Licensor;  or, if  Licensor is involved in any
publicity  deemed to be sufficiently  unfavorable in the opinion of the Licensee
as to  destroy  or  lessen  the  value  of  Licensor's  name  for  the  purposes
contemplated by this Agreement;  provided that Licensor shall be entitled to all
payments accrued and due to the date of cancellation.

            (b)   This  Agreement  may be  terminated  by Licensor at Licensor's
sole  option,  if  Licensee  fails to perform  any of its  material  obligations
provided for in this Agreement, and fails to cure such breach within thirty (30)
days of its receipt of written  notice by Licensor;  or, if Licensee  shall file
any  petition   under  the   bankruptcy  or  insolvency   laws  of  any  nation,
jurisdiction, county or place, or shall have a receiver or trustee appointed for
its business or property, or be adjudicated a bankrupt or an insolvent; provided
that Licensor  shall be entitled to all payments  accrued and due to the date of
cancellation.

      17.   DEATH OF  LICENSER:  Should  Licensor  die  during  the term of this
Agreement and Licensee shall not elect to terminate  this Agreement  pursuant to
subparagraph  (a) of  Paragraph  16, the  royalty  rate of  subparagraph  (a) of
Paragraph 5 shall be reduced as follows:

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            (a)   If Licensor's death occurs within three years from the date of
this  Agreement,  the rate shall be four (4) percent from the date of Licensor's
death until October 14, 2003,  three (3) percent from October 15, 2003,  through
October 14, 2006,  two (2) percent from  October 15, 2006,  through  October 14,
2009, and 1 percent from October 15, 2009, through October 14, 2014.

            (b)   If Licensor's death occurs within three (3) years from October
15, 2003, the rate shall be three (3) percent from the date of Licensor's  death
until October 14, 2006, two (2) percent from October 15, 2006,  through  October
14, 2009, and one (1) percent from October 15, 2009 through October 14, 2014.

            (c)   If Licensor's death occurs within three years from October 15,
2006, the rate shall be two (2) percent from the date of Licensor's  death until
October 14, 2009, and one (1) percent from October 15, 2009 through  October 14,
2014.

            (d)   If Licensor's death occurs within three years from October 15,
2009, the rate shall be one (1) percent from the date of Licensor's  death until
October 14, 2014.

Any amounts due Licensor  pursuant to  subparagraph  (b) of Paragraph 5 shall be
reduced  in the same  proportion  and for the  same  periods  of time as  herein
provided.

      18.   SELL-OFF PERIOD: Licensee shall deliver, as soon as practicable,  to
Licensor,  following termination of this Agreement,  whether by lapse of time or
otherwise,  a  statement  indicating  the number  and  description  of  Licensed
Products on hand or in the process of  manufacture  at the time of  termination.
Thereafter,  Licensee  may continue to  manufacture  its goods in the process of
manufacture,  but  may  manufacture  no more  Licensed  Products;  Licensee  may
continue to distribute and sell its remaining inventory and goods in the process
of  manufacture  and use  Licensor's  name,  likeness and picture in  connection
therewith,  for a  period  not to  exceed  twelve  (12)  months  following  such
termination,  provided  that  Licensee  continues  to make  royalty  payments to
Licensor in connection with Net Sales Proceeds derived from such sales, pursuant
to the provisions of Paragraph 5 above.  Thereafter,  Licensee agrees to make no
use of Licensor's name, likeness or picture whatsoever, either in or on products
or in advertising, publicity, promotional or display materials.

      19.   PAYMENTS AND NOTICES: All notices hereunder (a) shall be in writing,
(b) shall be  forwarded by hand  delivery,  certified or  registered  U.S.  mail
(postage prepaid),  by Federal Express or other nationally  recognized overnight
courier  service,  (c) shall be  addressed  to the  recipient  at its address as
specified below (or in the case of a change, as shall have been specified by the
recipient in a notice given  hereunder),  and (d) shall be effective on receipt.
The  applicable  addresses  with respect to such notices,  and the addresses for
accounting payments and statements, are as follows:

                                    10 of 14
<PAGE>

IF TO LICENSOR:                             IF TO LICENSEE:

Hillary Hahn AKA "Juliet"                   Sel-Leb Marketing, Inc.
168 Canterbury Lane                         495 River Street
McMurray, Pennsylvania 15317                Paterson, New Jersey 07524
                                            Attention: Jan Mirsky

WITH A COPY TO:                             WITH A COPY TO:

Nancy Hahn                                  Markowitz & Roshco, LLP
168 Canterbury Lane                         530 Fifth Avenue - 23rd Floor
McMurray, Pennsylvania 15317                New York, New York 10036
                                            Attention:  Seth P. Markowitz, Esq.

      20.   CONFIDENTIALITY: Each party agrees that, without the express consent
of the other party,  none of its employees or agents shall disclose to any other
party, or use for any purpose other than the performance of this Agreement,  any
tangible or intangible  information or material that the other party  designates
as confidential  (including  without limitation the terms and conditions of this
Agreement,  and the  content  of any  source  code,  object  code  or  technical
documentation  relating to the Licensed  Products)  unless such  information  or
material,  (a) is or  becomes  publicly  known  through no  wrongful  act of the
receiving  party;  (b) is received  from a third party without  restriction  and
without  breach of any  confidentiality  obligation  to the other party;  (c) is
independently  developed by the receiving party; or (d) is required by law to be
disclosed  (provided  that the  other  party is given  advance  notice of and an
opportunity to contest any such requirement).

      21.   ACTS BEYOND CONTROL OF PARTIES: This Agreement shall become voidable
at the option of Licensee in case of war,  national  police  action,  government
edict,  unavailability of material,  or an act of God, the effect of which makes
the  manufacture  or sale of Licensed  Products  impossible or  inadvisable.  If
Licensee  shall so void this  Agreement,  neither  party  shall  have any future
rights  against the other except for any  payments  which may be due to Licensor
for sales or  sublicenses  made  prior to the  cancellation  of this  Agreement;
provided, however, that within thirty (30) days after the cessation of the cause
or causes which occasioned such cancellation,  regardless of whether or not this
Agreement  would  ordinarily  have  terminated by such time,  Licensee may, upon
written  notice to Licensor,  reinstate  this  Agreement as if it had never been
cancelled.  In such  event  all  expiration  dates  in this  Agreement  shall be
extended  by a period  of time  equal to the  period  of  cancellation,  and any
minimum  amounts  required  for  renewal  shall be prorated  for the  particular
license year or years  during which this  Agreement  was  suspended,  so that no
minimum  amounts  will be payable for the period  between the  cancellation  and
reinstatement of this Agreement.

                                    11 of 14
<PAGE>

      22.   NO PARTNERSHIP:  This Agreement does not constitute and shall not be
construed as  constituting a partnership or joint venture  between  Licensor and
Licensee. Neither party shall have any right to obligate or bind the other party
in any manner whatsoever,  and this Agreement shall not give, nor is it intended
to give, any rights of any kind to any third persons.

      23.   NON-ASSIGNABILITY: This Agreement shall be binding upon and inure to
the benefit of the parties hereto and their  respective  successors and assigns,
provided,  that  this  Agreement  may not be  assigned  in  whole  or in part by
Licensee  without the express  prior written  consent of Licensor,  except to an
affiliate  of Licensee  (as defined and  promulgated  under the  Securities  and
Exchange Act of 1934,  as amended) or to any other  entity that  succeeds to the
business  of  Licensee  associated  with the  Licensed  Products  other  than by
operation of law, such as by sale of assets.

      24.   GOVERNING LAW: This Agreement  shall be governed by and construed in
accordance  with the laws of the State of New York,  except  for its rules  with
respect to conflict of laws which would have the affect of applying  the laws of
any other jurisdiction.  The parties hereby agree and consent to the exercise of
exclusive personal and subject matter jurisdiction,  with respect to any dispute
arising from the terms hereof, in either (a) the courts of the State of New York
located in New York,  New York, or (b) the United States  District Court for the
Southern  District of New York.  The parties  hereby  waive any and all defenses
which they might otherwise possess, with respect to the exercise of personal and
subject matter  jurisdiction  over them by either (a) the courts of the State of
New York located in New York, New York, or (b) the United States  District Court
for the  Southern  District of New York and hereby  agree that they shall not in
any way  attempt  to remove or  otherwise  change  the  location  of any  action
commenced in either of these two courts instituted for the purposes of enforcing
any of the terms  hereof,  or otherwise  resolving  any dispute  which may arise
hereunder.

      25.   ENTIRE AGREEMENT,  WAIVER,  MODIFICATION:  This Agreement represents
the entire agreement between the parties hereto pertaining to the subject matter
hereof,  and supersedes all prior oral and written  negotiations and agreements.
No  waiver,  modification  or  cancellation  of any terms or  condition  of this
Agreement  shall be  effective  unless  executed  in  writing by the party to be
charged  therewith.  No written  waiver shall excuse the  performance of any act
other than those specifically referred to therein.

      26.   SURVIVAL:  The  respective  representations  and  warranties  of the
parties set forth herein and the provisions  hereof  regarding  confidentiality,
indemnification, accounting and payment of royalties, audit rights and ownership
of  intellectual  property  shall survive any  expiration or termination of this
Agreement,  together with any monetary  obligations accrued but as yet unpaid as
of the time of such expiration or termination.

      27.   SEVERABILITY.  If any  provision  is declared  invalid or  otherwise
determined to be unenforceable for any reason, such provision shall be deemed to
be severable from the remaining provisions, which shall otherwise remain in full
force and effect.

                                    12 of 14
<PAGE>

      IN WITNESS WHEREOF, Licensor and Licensee have caused this Agreement to be
signed in their respective  names, and Licensee has caused its corporate seal to
be affixed and attested by a duly authorized officer, all as of the day and year
first above written.

LICENSOR:                                   LICENSEE:

HILLARY HAHN AKA "JULIET"                   SEL-LEB MARKETING, INC.

By:                                         By:
   ------------------------------------         --------------------------------
Name:  Nancy Hahn                               Name:
Title: Mother and Natural Guardian              Title:
       of Hillary Hahn

---------------------------------------
Hillary Hahn AKA "Juliet," Individually

                                    13 of 14
<PAGE>

                             GUARANTY OF NANCY HAHN

      IN  CONSIDERATION  OF  THE  BENEFITS  I WILL  DERIVE,  BOTH  DIRECTLY  AND
INDIRECTLY FROM THE FOREGOING LICENSE AGREEMENT BETWEEN SEL-LEB MARKETING,  INC.
AND MY  DAUGHTER,  HILLARY  HAHN  AKA  "JULIET"  (THE  AGREEMENT"),  I AGREE  TO
UNCONDITIONALLY  AND IRREVOCABLY  GUARANTY TO SEL-LEB  MARKETING,  INC., WITHOUT
OFF-SET OR DEDUCTION,  THE PROMPT PERFORMANCE OF ALL OBLIGATIONS OF HILLARY HAHN
AKA "JULIET" PURSUANT TO THE AGREEMENT,  WHETHER DIRECT OR INDIRECT,  PRIMARY OR
SECONDARY,  CERTAIN  OR  CONTINGENT  OR  ACQUIRED  OR  CREATED  BY  SEL-LEB.  MY
OBLIGATIONS  UNDER THIS GUARANTY ARE ABSOLUTE AND  UNCONDITIONAL.  I ACKNOWLEDGE
THAT I SHALL NOT BE RELEASED  FROM SUCH  OBLIGATIONS  FOR ANY REASON,  NOR SHALL
SUCH OBLIGATIONS BE REDUCED, DIMINISHED OR DISCHARGED FOR ANY REASON. I AGREE TO
INDEMNIFY AND HOLD SEL-LEB MARKETING, INC. HARMLESS FROM AND AGAINST ANY AND ALL
LOSSES,  CLAIMS,  DAMAGES OR  LIABILITIES TO WHICH SEL-LEB  MARKETING,  INC. MAY
BECOME  SUBJECT,  ARISING  IN ANY MANNER  OUT OF OR IN  CONNECTION  WITH (I) THE
BREACH BY HILLARY HAHN AKA "JULIET" OF THE AGREEMENT;  OR (II) THE WRONGFUL ACT,
FAILURE  TO ACT OR GROSS  NEGLIGENCE  OF  HILLARY  HAHN AKA  "JULIET,"  AND WILL
REIMBURSE  SEL-LEB  MARKETING,  INC.  PROMPTLY  FOR ANY LEGAL OR OTHER  EXPENSES
REASONABLY  INCURRED  BY IT IN  CONNECTION  THEREWITH.  THIS  GUARANTY  SHALL BE
GOVERNED BY AND CONSTRUED IN ACCORDANCE  WITH THE LAWS OF THE STATE OF NEW YORK,
EXCEPT  FOR ITS RULES  WITH  RESPECT TO  CONFLICT  OF LAWS WHICH  WOULD HAVE THE
AFFECT  OF  APPLYING  THE LAWS OF ANY  OTHER  JURISDICTION.  I HEREBY  AGREE AND
CONSENT TO THE EXERCISE OF EXCLUSIVE  PERSONAL AND SUBJECT  MATTER  JURISDICTION
WITH RESPECT TO ANY ACTION TO ENFORCE THE TERMS OF THIS  GUARANTY,  OR OTHERWISE
ARISING FROM THE TERMS HEREOF, IN EITHER (A) THE COURTS OF THE STATE OF NEW YORK
LOCATED IN NEW YORK,  NEW YORK, OR (B) THE UNITED STATES  DISTRICT COURT FOR THE
SOUTHERN DISTRICT OF NEW YORK. I HEREBY WAIVE ANY AND ALL DEFENSES WHICH I MIGHT
OTHERWISE  POSSESS WITH  RESPECT TO THE EXERCISE OF PERSONAL AND SUBJECT  MATTER
JURISDICTION  OVER ME BY EITHER (A) THE COURTS OF THE STATE OF NEW YORK  LOCATED
IN NEW YORK, NEW YORK, OR (B) THE UNITED STATES  DISTRICT COURT FOR THE SOUTHERN
DISTRICT  OF NEW YORK AND HEREBY  AGREE  THAT I SHALL NOT IN ANY WAY  ATTEMPT TO
REMOVE OR  OTHERWISE  CHANGE THE  LOCATION OF ANY ACTION  COMMENCED IN EITHER OF
THESE TWO COURTS  INSTITUTED  FOR THE PURPOSES OF ENFORCING  ANY OF THE TERMS OF
THIS GUARANTY,  OR OTHERWISE ARISING FROM THE TERMS HEREOF. I HAVE EXECUTED THIS
GUARANTY TO INDUCE SEL-LEB MARKETING, INC. TO ENTER INTO THE AGREEMENT.

                     --------------------------------------
                            NANCY HAHN, INDIVIDUALLY

                                    14 of 14Private Client Group

                                                  MERRILL LYNCH BUSINESS
                                                  FINANCIAL SERVICES INC.
                                                  222 North LaSalle Street
                                                  17th Floor
                                                  Chicago, IL 60601
[LOGO] MERRILL LYNCH                              (312) 269-4461
                                                  FAX (312) 201-0210
                                                  darren_o'leary@ml.com

                                                  DARREN O'LEARY
                                                  VICE PRESIDENT

                                                  November 2, 2000

Mr. Jan Mirsky
Chief Financial Officer
Sel-Leb Marketing, Inc.
495 River Street
Paterson, NJ 07524

RE: WORKING CAPITAL MANAGEMENT ACCOUNT ("WCMA") NO. 885-07E38

Dear Jan,

This  letter is to  confirm  the  extension  through  November  30,  2000 of the
temporary increase and renewal for the referenced WCMA Line of Credit Account.

Please let me know if you have any questions.

Very truly yours,

Merrill Lynch Business Financial Services Inc.

By: /s/  Darren O'Leary
    -------------------------
         Darren O'Leary
         Vice President

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