Document:

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                                                                   EXHIBIT 10.45

                                                                  EXECUTION COPY

                          PLEDGE AND SECURITY AGREEMENT

          THIS PLEDGE AND SECURITY AGREEMENT, dated as of February 24, 2004 (as
the same may be amended, restated, supplemented or otherwise modified from time
to time, the "Security Agreement"), is entered into by and among ROTO-ROOTER,
INC., a Delaware corporation (the "Borrower"), the Subsidiaries of the Borrower
set forth on the signature pages hereto (together with the Borrower, the
"Initial Grantors"), those additional Subsidiaries of the Borrower, whether now
existing or hereafter formed, which become parties to this Security Agreement by
executing a supplement hereto (a "Security Agreement Supplement") in
substantially the form of Annex I hereto (such additional Subsidiaries, together
with the Initial Grantors, the "Grantors"), and BANK ONE, NA, a national banking
association having its principal office in Chicago, Illinois, in its capacity as
Collateral Agent (the "Collateral Agent") under the Intercreditor Agreement (as
defined below).

                              PRELIMINARY STATEMENT

          WHEREAS, the Borrower, certain financial institutions (the "Lenders"),
and Bank One, NA (Main Office Chicago), as Administrative Agent (the
"Administrative Agent"), have entered into a Credit Agreement dated as of
February 24, 2004 (as the same may be amended, restated, supplemented or
otherwise modified from time to time, the "Existing Credit Agreement", and
together with the other "Loan Documents" as defined therein, the "Bank Group
Documents");

          WHEREAS, the Grantors (other than the Borrower) shall guaranty the
Borrower's obligations under the Existing Credit Agreement and the agreements,
documents and instruments delivered in connection therewith pursuant to a
Guaranty Agreement dated as of February 24, 2004 (as the same may be amended,
restated, supplemented or otherwise modified from time to time, the "Existing
Credit Agreement Guaranty");

          WHEREAS, the Borrower has entered into an Indenture, dated as of
February 24, 2004 (as the same may be amended, restated, supplemented or
otherwise modified from time to time, the "Note Indenture") pursuant to which
the Borrower has issued, in an initial aggregate principal amount equal to
$110,000,000, certain Floating Rate Senior Secured Notes due 2010 (as the same
may be amended, restated, supplemented or otherwise modified from time to time,
the "Senior Secured Notes" and together with (i) the exchange notes issued in
exchange therefor as contemplated by the Registration Rights Agreement dated as
of February 24, 2004, among the Borrower, the other Grantors and the
"Purchasers" (as defined therein) and (ii) any additional notes issued under the
Note Indenture by the Borrower, to the extent permitted by the Note Indenture
and the Existing Credit Agreement, the "Notes"), and pursuant to which the
Grantors (other than the Borrower) shall guaranty the Borrower's obligations
under the Note

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Indenture, the Notes and the agreements, documents and instruments delivered in
connection therewith;

          WHEREAS, the Grantors wish to secure, on an equal and ratable basis,
their respective obligations under the Existing Credit Agreement, the Note
Indenture, the Notes and the agreements, documents and instruments delivered in
connection therewith and certain other obligations, including, without
limitation, the Existing Credit Agreement Guaranty (collectively, as the same
may be amended, restated, supplemented or otherwise modified from time to time,
together with the "Senior Loan Documents" and the "Noteholder Documents" (as
each is defined in the Intercreditor Agreement), the "Roto-Rooter Credit
Documents"), pursuant to this Security Agreement; and

          WHEREAS, in accordance with the Collateral Sharing Agreement, dated as
of February 24, 2004, by and among the Administrative Agent for the benefit of
the Lenders, Wells Fargo Bank, National Association, as Trustee (the "Trustee")
for the benefit of the holders of the Notes, the Collateral Agent and the
Borrower (as the same may be amended, restated, supplemented or otherwise
modified from time to time, the "Intercreditor Agreement"), the Administrative
Agent on behalf of the Lenders and the Trustee on behalf of the holders of the
Notes (collectively, together with the other "Secured Parties" (as defined in
the Intercreditor Agreement) the "Roto-Rooter Creditors") have appointed the
Collateral Agent to be the beneficiary of the Liens granted hereunder;

          NOW THEREFORE, in consideration of the premises set forth herein and
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the Grantors and the Collateral Agent, on behalf of the
Roto-Rooter Creditors, hereby agree as follows:

                                    ARTICLE I

                                   DEFINITIONS

          1.1. TERMS DEFINED IN NEW YORK UNIFORM COMMERCIAL CODE. Terms defined
in the New York UCC which are not otherwise defined in this Security Agreement
are used herein as defined in the New York UCC.

          1.2. DEFINITIONS OF CERTAIN TERMS USED HEREIN. As used in this
Security Agreement, in addition to the terms defined in the Preliminary
Statement, the following terms shall have the following meanings. Capitalized
terms used but not defined herein have the meanings given to them in the
Intercreditor Agreement.

          "Accounts" shall have the meaning set forth in Article 9 of the New
York UCC.

          "Applicable Pledge Percentage" means 100%, but (x) 65% in the case of
a pledge of capital stock of a Foreign Subsidiary or (y) 0% in the case of a
pledge of capital stock of a Foreign Subsidiary to the extent a pledge would
cause a Financial Assistance Problem.

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          "ARTICLE" means a numbered article of this Security Agreement, unless
another document is specifically referenced.

          "CHATTEL PAPER" shall have the meaning set forth in Article 9 of the
New York UCC.

          "CHEMED CAPITAL TRUST" means Chemed Capital Trust, a Delaware
statutory business trust and a wholly-owned Subsidiary of the Borrower, together
with its permitted successors and assigns.

          "COLLATERAL" means all Accounts, Chattel Paper, Commercial Tort
Claims, Deposit Accounts, Documents, Equipment, General Intangibles, Goods,
Instruments, Inventory, Investment Property, Letter-Of-Credit Rights, Letters of
Credit, Pledged Deposits and Supporting Obligations with respect to the
foregoing, wherever located in which any Grantor now has or hereafter acquires
any right or interest, and the proceeds (including Stock Rights), insurance
proceeds and products thereof, together with all books and records, customer
lists, credit files, computer files, programs, printouts and other computer
materials and records related thereto, any cash or cash equivalents to the
extent deposited into the Special Letter of Credit Cash Collateral Account to
collateralize Letters of Credit issued under the Existing Credit Agreement;
provided that such amounts deposited into the Special Letter of Credit Cash
Collateral Account shall only be applied to satisfy LC Obligations owing under
and as defined in the Existing Credit Agreement until such time as all such
Letters of Credit giving rise to LC Obligations expire or are terminated and all
amounts owing as a result of draws under such Letters of Credit have been
satisfied). Notwithstanding the foregoing, the Collateral shall not include (a)
any property to the extent that such grant of a security interest is prohibited
by any law of a Governmental Authority, requires a consent not obtained of any
Governmental Authority pursuant to such law or is prohibited by, or constitutes
a breach or default under, or gives rise to a right on the part of the parties
thereto other than a Grantor to terminate (or to materially modify), or requires
any consent not obtained under, any contract, lease, license, agreement,
instrument or other document or, in the case of any Investment Property, any
applicable shareholder or similar agreement, except to the extent that such law
or the term in such contract, lease, license, agreement, instrument or other
document or shareholder or similar agreement providing for such prohibition,
breach, default or right of termination or modification or requiring such
consent is ineffective under applicable law, or (b) Excluded Equity Interests.

          "COMMERCIAL TORT CLAIMS" means all rights and interests in and to any
commercial tort claims which are listed on Exhibit "C" hereto or which are
listed on a Supplement to such Exhibit.

          "CONTROL" shall have the meaning set forth in Article 8 or, if
applicable, in Section 9-104, 9-105, 9-106 or 9-107 of Article 9 of the New York
UCC.

          "DEPOSIT ACCOUNTS" shall have the meaning set forth in Article 9 of
the New York UCC.

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          "DOMESTIC SUBSIDIARY" means any Subsidiary of any Person organized
under the laws of a jurisdiction located in the United States of America.

          "DOCUMENTS" shall have the meaning set forth in Article 9 of the New
York UCC.

          "EQUIPMENT" shall have the meaning set forth in Article 9 of the New
York UCC.

          "EXCLUDED EQUITY INTERESTS" means (i) equity interests in Roto-Rooter
of Canada, Ltd., Chemed Capital Trust and VNF, (ii) more than 40% of the equity
interests of RR Plumbing Services Corporation, (iii) more than 49% of the equity
interests of Complete Plumbing Services, Inc., (iv) more than 80% of the equity
interest of Nurotoco of New Jersey, Inc., (v) more than the Applicable Pledge
Percentage of any Foreign Subsidiary, and (vi) equity interests in any Foreign
Subsidiary other than a First Tier Foreign Subsidiary.

          "EXHIBIT" refers to a specific exhibit to this Security Agreement (as
supplemented from time to time), unless another document is specifically
referenced.

          "FACILITY LCs" shall have the meaning set forth in the Existing Credit
Agreement.

          "FINANCIAL ASSISTANCE PROBLEM" means, with respect to any Foreign
Subsidiary, the inability of such Foreign Subsidiary to permit its assets from
being pledged pursuant to a pledge or security agreement on account of legal or
financial limitations imposed by the jurisdiction of organization of such
Foreign Subsidiary or other relevant jurisdictions having authority over such
Foreign Subsidiary, in each case as determined by the Borrower in its
commercially reasonable judgment acting in good faith and in consultation with
its legal and tax advisors.

          "FIRST TIER FOREIGN SUBSIDIARY" means each Foreign Subsidiary with
respect to which any one or more of the Borrower and its Domestic Subsidiaries
directly owns more than 50% of such Foreign Subsidiary's issued and outstanding
ordinary equity interests.

          "FOREIGN SUBSIDIARY" means any Subsidiary of any Person which is not a
Domestic Subsidiary of such Person.

          "GENERAL INTANGIBLES" shall have the meaning set forth in Article 9 of
the New York UCC.

          "GOODS" shall have the meaning set forth in Article 9 of the New York
UCC.

          "GOVERNMENTAL AUTHORITY" means any nation or government, any foreign,
federal, state, local or other political subdivision thereof and any entity
exercising executive, legislative, judicial, regulatory or administrative
functions of or pertaining to government.

          "INSTRUMENTS" shall have the meaning set forth in Article 9 of the New
York UCC.

          "INVENTORY" shall have the meaning set forth in Article 9 of the New
York UCC.

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          "INVESTMENT PROPERTY" shall have the meaning set forth in Article 9 of
the New York UCC.

          "LC ISSUER" shall have the meaning set forth in the Existing Credit
Agreement.

          "LC OBLIGATIONS" shall have the meaning set forth in the Existing
Credit Agreement.

          "LETTER-OF-CREDIT RIGHTS" shall have the meaning set forth in Article
9 of the New York UCC.

          "LETTERS OF CREDIT" shall have the meaning set forth in Article 5 of
the New York UCC.

          "LIEN" means any lien (statutory or other), security interest,
mortgage, pledge, hypothecation, assignment, deposit arrangement, or encumbrance
of any kind or nature whatsoever (including, without limitation, the interest of
a vendor or lessor under any conditional sale, capitalized lease or other title
retention agreement, and, in the case of stock agreements, any purchase option,
call or similar right of a Person with respect to such stock).

          "NEW YORK UCC" means the New York Uniform Commercial Code as in effect
from time to time.

          "OBLIGATIONS" means "Secured Obligations" as defined in the
Intercreditor Agreement.

          "PERSON" means any individual, corporation, firm, enterprise,
partnership, trust, incorporated or unincorporated association, joint venture,
joint stock company, limited liability company or other entity of any kind, or
any government or political subdivision or any agency, department or
instrumentality thereof.

          "PLEDGED DEPOSITS" means all time deposits of money (other than
Deposit Accounts and Instruments), whether or not evidenced by certificates,
which a Grantor may from time to time designate as pledged to the Collateral
Agent or to any Roto-Rooter Creditor as security for any Obligation, and all
rights to receive interest on said deposits.

          "RECEIVABLES" means the Accounts, Chattel Paper, Documents, Investment
Property, Instruments or Pledged Deposits, and any other rights or claims to
receive money which are General Intangibles or which are otherwise included as
Collateral.

          "RELEVANT DATE" means (i) in respect of the Initial Grantors, the date
of this Security Agreement and (ii) in respect any Grantor that becomes a party
to this Security Agreement pursuant to the execution of a Security Agreement
Supplement, the date of such Security Agreement Supplement.

          "REQUISITE LENDERS" means the "Instructing Group" as defined in the
Intercreditor Agreement.

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          "ROTO-ROOTER DEFAULT" means (i) any "Event of Default" under and as
defined in the Existing Credit Agreement and (ii) any "Event of Default" under
and as defined in the Note Indenture.

          "SECTION" means a numbered section of this Security Agreement, unless
another document is specifically referenced.

          "SECURITY" has the meaning set forth in Article 8 of the New York UCC.

          "STOCK RIGHTS" means any securities, dividends or other distributions
and any other right or property which any Grantor shall receive or shall become
entitled to receive for any reason whatsoever with respect to, in substitution
for or in exchange for any securities or other ownership interests in a
corporation, partnership, joint venture or limited liability company
constituting Collateral and any securities, any right to receive securities and
any right to receive earnings, in which any Grantor now has or hereafter
acquires any right, issued by an issuer of such securities.

          "SUBSIDIARY" of a Person means (i) any corporation of which more than
50% of the outstanding securities having ordinary voting power shall at the time
be owned or controlled, directly or indirectly, by such Person or by one or more
of its Subsidiaries or by such Person and one or more of its Subsidiaries, or
(ii) any partnership, limited liability company, association, joint venture or
similar business organization of which more than 50% of the ownership interests
having ordinary voting power shall at the time be so owned or controlled. Unless
otherwise expressly provided, all references herein to a "Subsidiary" means a
Subsidiary of the Borrower, including, without limitation, the Target.

          "SUPPORTING OBLIGATION" shall have the meaning set forth in Article 9
of the New York UCC.

          "TARGET" means Vitas Healthcare Corporation, a Delaware corporation.

          "VNF" means Vitas of North Florida, Inc., a Florida not-for-profit
corporation and a wholly-owned Subsidiary of the Target.

          The foregoing definitions shall be equally applicable to both the
singular and plural forms of the defined terms.

                                   ARTICLE II

                           GRANT OF SECURITY INTEREST

          Each of the Grantors hereby pledges, assigns and grants to the
Collateral Agent, on behalf of and for the ratable benefit of the Roto-Rooter
Creditors, a security interest in all of such Grantor's right, title and
interest in and to (i) all capital stock or other equity interests held or owned
by such Grantor (other than Excluded Equity Interests, directors' qualifying
shares or shares issued to third parties to the extent necessary to satisfy any
licensing requirements under applicable law with respect to such Grantor's
business) and

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(ii) all other Collateral, whether now owned or hereafter acquired, to secure
the prompt and complete payment and performance when due (whether at stated
maturity, by acceleration or otherwise) of the Obligations.

                                   ARTICLE III

                         REPRESENTATIONS AND WARRANTIES

          Each of the Initial Grantors represents and warrants to the Collateral
Agent and the Roto-Rooter Creditors and each Grantor that becomes a party to
this Security Agreement pursuant to the execution of a Security Agreement
Supplement represents and warrants (after giving effect to supplements to each
of the Exhibits hereto with respect to such subsequent Grantor as attached to
such Security Agreement Supplement), that:

          3.1. TITLE, AUTHORIZATION, VALIDITY AND ENFORCEABILITY. Such Grantor
has good and valid rights in or the power to transfer the Collateral owned by it
and title to the Collateral owned by it with respect to which it has purported
to grant a security interest hereunder, free and clear of all Liens except for
Liens permitted under Section 4.1.6, and has full power and authority to grant
to the Collateral Agent the security interest in such Collateral pursuant
hereto. The execution and delivery by such Grantor of this Security Agreement
has been duly authorized by proper corporate or other proceedings, and this
Security Agreement constitutes a legal, valid and binding obligation of such
Grantor and creates a security interest which is enforceable against such
Grantor in all Collateral it now owns or hereafter acquires, except as
enforceability may be limited by (i) bankruptcy, insolvency, fraudulent
conveyances, reorganization or similar laws relating to or affecting the
enforcement of creditors' rights generally, (ii) general equitable principles
(whether considered in a proceeding in equity or at law), and (iii) requirements
of reasonableness, good faith and fair dealing. As of the Relevant Date for such
Grantor and to the extent governed by the New York UCC, when UCC financing
statements have been filed in the appropriate offices against such Grantor in
the locations listed on Exhibit "F", the Collateral Agent will have a fully
perfected first priority security interest in that Collateral owned by such
Grantor in which a security interest may be perfected by filing, subject only to
Liens permitted under Section 4.1.5.

          3.2. [RESERVED].

          3.3. TYPE AND JURISDICTION OF ORGANIZATION. As of the Relevant Date
for such Grantor, such Grantor's exact legal name and jurisdiction of
incorporation, organization or formation (as the case may be) are set forth in
Exhibit "A".

          3.4. PRINCIPAL LOCATION. As of the Relevant Date for such Grantor,
such Grantor's mailing address and the location of its place of business (if it
has only one) or its chief executive office (if it has more than one place of
business), is set forth in Exhibit "A". Such Grantor has no other places of
business except those set forth in Exhibit "A".

          3.5. PROPERTY LOCATIONS. As of the Relevant Date for such Grantor, the
Inventory and Equipment of such

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Grantor are located solely at the locations of such Grantor described in Exhibit
"A" except to the extent that such Inventory or Equipment, as the case may be,
is in transit, has been sold in accordance with the Roto-Rooter Credit Documents
or is immaterial to the business of such Grantor. All of said locations are
owned by such Grantor except for locations (i) which are leased by such Grantor
as lessee and designated in Part B of Exhibit "A" and (ii) at which Inventory is
held in a public warehouse or is otherwise held by a bailee or on consignment as
designated in Part C of Exhibit "A".

          3.6. NO OTHER NAMES. As of the Relevant Date for such Grantor, except
as described in Part D of Exhibit A, such Grantor has not conducted business
under any name (except immaterial fictitious tradenames) within the past five
(5) years except the name in which it has executed this Security Agreement,
which is the exact name as it appears in such Grantor's organizational
documents, as amended, as filed with such Grantor's jurisdiction of
organization.

          3.7. [RESERVED].

          3.8. FILING REQUIREMENTS. As of the Relevant Date for such Grantor,
none of the Collateral owned by such Grantor is of a type for which security
interests or liens may be perfected by filing under any federal statute except
for those patents, trademarks and copyrights held by any Grantor that are
described in Exhibit "B" and Collateral owned by such Grantor in which security
interests or liens can only be perfected through compliance with the terms of
the Federal Assignment of Claims Act.

          3.9. NO FINANCING STATEMENTS. No financing statement describing all or
any portion of the Collateral which has not lapsed or been terminated naming
such Grantor as debtor has been filed in any jurisdiction except (i) financing
statements naming the Collateral Agent on behalf of the Roto-Rooter Creditors as
the secured party, (ii) as described in Exhibit "D", (iii) as permitted by
Section 4.1.5 or (iv) financing statements not authorized by such Grantor or
that relate to Liens that have been released.

          3.10. FEDERAL EMPLOYER IDENTIFICATION NUMBER; STATE ORGANIZATION
NUMBER. As of the Relevant Date for such Grantor, such Grantor's Federal
employer identification number, and if such Grantor is a registered
organization, such Grantor's State organization number, are set forth on Exhibit
"A".

          3.11. PLEDGED SECURITIES AND OTHER INVESTMENT PROPERTY. Exhibit "E"
(or any Supplement to such Exhibit) sets forth a complete and accurate list of
(i) all of the capital stock, ownership interests or membership interests and
the ownership percentages thereof, owned by the Grantors and (ii) the
Instruments, Securities and other Investment Property delivered to the
Collateral Agent pursuant hereto, excluding, however, the Excluded Equity
Interests, which are not required to be delivered hereunder (the "Pledged
Securities"). Each Grantor is the direct and beneficial owner of each
Instrument, Security and other type of Investment Property listed on Exhibit "E"
(or any Supplement to such Exhibit) as being owned by it, free and clear of any
Liens, except for the security interest granted to the Collateral Agent for the
benefit of the Roto-Rooter Creditors hereunder, Liens permitted under Section
4.1.5 and transfers permitted by the

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Roto-Rooter Credit Documents; provided that the Securities pledged shall not
include the Excluded Equity Interests. Each Grantor further represents and
warrants that:

          3.11.1 All such Instruments, Securities or other types of Investment
     Property owned by it which are shares of stock in a corporation or
     ownership interests in a partnership or limited liability company have been
     (to the extent such concepts are relevant with respect to such Instrument,
     Security or other type of Investment Property) duly and validly issued, are
     fully paid and non-assessable;

          3.11.2 The shares of capital stock, ownership interests or membership
     interests owned by it with respect to a subsidiary of the Borrower set
     forth on Exhibit "E" or on any Supplement to such Exhibit represent the
     aggregate outstanding amount of all of the capital stock, ownership
     interests or membership interests, as applicable, of such subsidiary
     required to be pledged hereunder pursuant to the Roto-Rooter Credit
     Documents and the ownership percentages thereof; and

          3.11.3 With respect to any certificates delivered to the Collateral
     Agent representing an ownership interest in a partnership or limited
     liability company, either such certificates are Securities as defined in
     Article 8 of the Uniform Commercial Code of the applicable jurisdiction as
     a result of actions by the issuer or otherwise, or, if such certificates
     are not Securities, such Grantor has so informed the Collateral Agent so
     that the Collateral Agent may take steps to perfect its security interest
     therein as a General Intangible.

                                   ARTICLE IV

                                    COVENANTS

          From the date of this Security Agreement, and thereafter until this
Security Agreement is terminated, each of the Initial Grantors agrees, and from
and after the effective date of any Security Agreement Supplement applicable to
any Grantor (after giving effect to supplements to each of the Exhibits hereto
with respect to such subsequent Grantor as attached to such Security Agreement
Supplement) and thereafter until this Security Agreement is terminated, each
such subsequent Grantor agrees:

          4.1. GENERAL.

          4.1.1 INSPECTION. Each Grantor will permit the Collateral Agent, at
     any time, and upon the occurrence and during the continuance of a
     Roto-Rooter Default, any Roto-Rooter Creditor, by its representatives and
     agents (i) to inspect the Collateral, (ii) to examine and make copies of
     the records of such Grantor relating to the Collateral and (iii) to discuss
     the Collateral and the related records of such Grantor with, and to be
     advised as to the same by, such Grantor's officers and employees (and, in
     the case of any Receivable, with any Person or entity

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     which is or may be obligated thereon), all at such reasonable times and
     intervals as the Collateral Agent, at any time, and upon the occurrence and
     during the continuance of a Roto-Rooter Default, such Roto-Rooter Creditor,
     may reasonably determine, and all at such Grantor's expense.

          4.1.2 RECORDS AND REPORTS. Each Grantor shall keep and maintain such
     complete, accurate and proper books and records with respect to the
     Collateral owned by such Grantor as is consistent with its current
     practices and in accordance with such prudent and standard practices used
     in industries that are the same as or similar to those in which such
     Grantor is engaged, and furnish to the Collateral Agent such reports with
     respect to the identity, amount and location of the Collateral as the
     Collateral Agent shall from time to time reasonably request.

          4.1.3 FINANCING STATEMENTS AND OTHER ACTIONS; DEFENSE OF TITLE. Each
     Grantor hereby authorizes the Collateral Agent to file, and if requested
     will deliver to the Collateral Agent, all financing statements describing
     the Collateral owned by such Grantor and other documents and take such
     other actions as may from time to time be reasonably requested by the
     Collateral Agent in order to maintain a first priority perfected security
     interest in and, if applicable, Control of, the Collateral owned by such
     Grantor, subject only to Liens permitted under Section 4.1.5 and transfers
     permitted by the Roto-Rooter Credit Documents. Such financing statements
     may describe the Collateral in the same manner as described herein or may
     contain an indication or description of the Collateral that describes the
     property constituting Collateral in any other manner as the Collateral
     Agent may reasonably determine is necessary, advisable or prudent to ensure
     that the perfection of the security interest in the Collateral granted to
     the Collateral Agent herein, including, without limitation, describing such
     property as "all assets" or "all personal property whether now owned or
     hereafter acquired" or "all of the debtor's personal property and other
     assets, whether now owned or existing or hereafter acquired or arising,
     together with all products and proceeds thereof, substitutions and
     replacements therefor, and additions and accessions thereto." Each Grantor
     will take any and all actions necessary to defend title to the Collateral
     owned by such Grantor against all Persons and to defend the security
     interest of the Collateral Agent in such Collateral and the priority
     thereof against any Lien not expressly permitted hereunder. Notwithstanding
     anything to the contrary set forth herein, prior to the occurrence of a
     Roto-Rooter Default and the acceleration of the repayment of the
     Obligations as a result thereof, no Grantor shall be required to grant
     Control of any Deposit Account (or any "Securities Account" as defined in
     Article 8 of the New York UCC) to the Collateral Agent other than Deposit
     Accounts maintained with Bank One, NA or an affiliate thereof; provided,
     that no Grantor shall be required to comply with the terms of the Federal
     Assignment of Claims Act in connection with its pledge of any Collateral to
     the Collateral Agent.

          4.1.4 DISPOSITION OF COLLATERAL. No Grantor will sell, lease or
     otherwise dispose of any Collateral owned by it except (i) sales or leases
     of Inventory in the ordinary course of business, (ii) proceeds of Inventory
     and Accounts collected in

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     the ordinary course of business and (iii) dispositions not prohibited by
     the Existing Credit Agreement and the Note Indenture unless and until the
     Collateral Agent shall notify the Grantors that a Roto-Rooter Default shall
     have occurred and be continuing and that during the continuance thereof the
     Grantors shall not sell or otherwise dispose of such Collateral.

          4.1.5 LIENS. No Grantor will create, incur, or suffer to exist any
     Lien on any Collateral owned by it except (i) the security interest created
     by this Security Agreement, (ii) existing Liens described in Exhibit "D",
     (iii) other Liens permitted pursuant to the applicable provisions of the
     Senior Loan Documents (including Section 6.15 of the Existing Credit
     Agreement) and the applicable provisions of the Note Indenture, (iv)
     filings under any federal statute for patents, trademarks, and copyrights
     and (v) Collateral in which security interests or liens can only be
     perfected through compliance with the terms of the Federal Assignment of
     Claims Act.

          4.1.6 CHANGE IN CORPORATE EXISTENCE, TYPE OR JURISDICTION OF
     ORGANIZATION, LOCATION, NAME. Each Grantor will:

     (i)  not change its jurisdiction of organization;

     (ii) not maintain its place of business (if it has only one) or its chief
          executive office (if it has more than one place of business) at a
          location other than a location specified on Exhibit "A"; and

     (iii) not change its name or taxpayer identification number,

     unless, in each such case, such Grantor shall have given the Collateral
     Agent prior written notice of such event or occurrence and either (x) the
     Collateral Agent shall have reasonably determined that such event or
     occurrence will not adversely affect the validity, perfection or priority
     of the Collateral Agent's security interest in the Collateral, or (y) there
     shall have been taken such steps (with the cooperation of such Grantor to
     the extent necessary or advisable) as are reasonably necessary to properly
     maintain the validity, perfection and priority of the Collateral Agent's
     security interest in the Collateral owned by such Grantor.

          4.1.7 OTHER FINANCING STATEMENTS. No Grantor will sign or authorize
     the signing on its behalf or authorize the filing of any financing
     statement naming it as debtor covering all or any portion of the Collateral
     owned by such Grantor, except any financing statement authorized under
     Section 4.1.3. or any financing statement filed in connection with a Lien
     permitted under Section 4.1.5.

     4.2. CERTAIN AGREEMENTS ON RECEIVABLES. Without the Collateral Agent's
consent, no Grantor will make or agree to make any discount, credit, rebate or
other reduction in the original amount owing on a Receivable or accept in
satisfaction of a Receivable less than the original amount thereof, except in
the ordinary course of business.

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     4.3. INSTRUMENTS, SECURITIES, DOCUMENTS AND PLEDGED DEPOSITS. Each Grantor
will (i) hold in trust for the Collateral Agent upon receipt and promptly
thereafter deliver to the Collateral Agent any Security or Instrument
constituting Collateral with a value in excess of $1,000,000, (ii) upon the
designation of any Pledged Deposits, deliver to the Collateral Agent such
Pledged Deposits which are evidenced by certificates included in the Collateral
endorsed in blank, marked with such legends and assigned as the Collateral Agent
shall specify, and (iii) upon the Collateral Agent's request, upon the
occurrence and during the continuance of a Roto-Rooter Default, deliver to the
Collateral Agent (and thereafter hold in trust for the Collateral Agent upon
receipt and promptly deliver to the Collateral Agent) any Document evidencing or
constituting Collateral.

Notwithstanding anything to the contrary in this Security Agreement, so long as
no Roto-Rooter Default has occurred and is continuing, any promissory notes
(such notes described in clauses (i) and (ii) below being referred to herein as
"Employee Notes") (i) in an aggregate amount not to exceed at any time $500,000,
made to any Grantor by any of its officers, directors or employees in connection
with compensation arrangements approved by a majority of the disinterested
directors on its board of directors (or a committee thereof) or (ii) permitted
in accordance with the terms of the Roto-Rooter Credit Documents (A) shall not
be required to be delivered to Collateral Agent and (B) may be modified,
replaced, terminated or forgiven, in whole or in part, from time to time (but
not sold or otherwise transferred to any other Person) upon the approval of a
majority of the disinterested directors of the board of directors of such
Grantor without further approval of the Collateral Agent or the Roto- Rooter
Creditors.

     4.4. UNCERTIFICATED SECURITIES AND CERTAIN OTHER INVESTMENT PROPERTY. Each
Grantor will permit the Collateral Agent from time to time to cause the
appropriate issuers (and, if held with a securities intermediary, such
securities intermediary) of uncertificated securities or other types of
Investment Property not represented by certificates which are Collateral owned
by such Grantor to mark their books and records with the numbers and face
amounts of all such uncertificated securities or other types of Investment
Property not represented by certificates and all rollovers and replacements
therefor to reflect the Lien of the Collateral Agent granted pursuant to this
Security Agreement. At the request and option of the Collateral Agent, each
Grantor will take any actions necessary to cause (i) the issuers of
uncertificated securities which are Collateral and which are Securities and (ii)
any financial intermediary which is the holder of any Investment Property, to
cause the Collateral Agent to have and retain Control over such Securities or
other Investment Property. Without limiting the foregoing, each Grantor will, if
reasonably requested by the Collateral Agent, with respect to Investment
Property that is Collateral held with a financial intermediary, use commercially
reasonable efforts to cause such financial intermediary to enter into a control
agreement with the Collateral Agent in form and substance reasonably
satisfactory to the Collateral Agent. The Collateral Agent agrees with each of
the Grantors that the Collateral Agent shall not give any entitlement orders or
instructions or directions to any such issuer or intermediary, and shall not
withhold its consent to the exercise of any withdrawal or dealing rights by any
Grantor, unless a Roto-Rooter Default has occurred and is continuing, or, after
giving effect to any such investment and withdrawal rights, would occur. If the
Collateral Agent does give any entitlement orders or instructions or directions
pursuant to this Section 4.4,

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     the Collateral Agent agrees with each of the Grantors that the Collateral
     Agent shall withdraw any entitlement orders or instructions or directions
     within three (3) Business Days after all Roto-Rooter Defaults have been
     cured or waived. The provisions of this paragraph shall not apply to any
     financial assets credited to a "Securities Account" (as defined in Article
     8 of the New York UCC) for which the Collateral Agent is the "Securities
     Intermediary" (as defined in Article 8 of the New York UCC).

          4.5. STOCK AND OTHER OWNERSHIP INTERESTS.

          4.5.1 REGISTRATION OF PLEDGED SECURITIES AND OTHER INVESTMENT
     PROPERTY. Each Grantor will permit any registerable Collateral owned by
     such Grantor to be registered in the name of the Collateral Agent or its
     nominee at any time at the election of the Collateral Agent upon the
     occurrence and during the continuance of a Roto-Rooter Default.

          4.5.2 EXERCISE OF RIGHTS IN PLEDGED SECURITIES AND OTHER INVESTMENT
     PROPERTY. Upon the occurrence and during the continuance of a Roto-Rooter
     Default, each Grantor will permit the Collateral Agent or its nominee at
     any time, without notice, to exercise all voting and corporate rights
     relating to the Collateral, including, without limitation, exchange,
     subscription or any other rights, privileges, or options pertaining to any
     corporate securities or other ownership interests or Investment Property in
     or of a corporation, partnership, joint venture or limited liability
     company constituting Collateral and the Stock Rights as if it were the
     absolute owner thereof.

          4.5.3 ADDITIONAL EQUITY INTERESTS. Each Grantor agrees that if, on or
     after the date on which such Grantor becomes subject hereto, such Grantor
     forms a Subsidiary or acquires equity interests in a Person and is required
     pursuant to the Roto-Rooter Credit Documents to pledge any Instruments,
     Securities or other Investment Property resulting therefrom to the
     Collateral Agent as Collateral hereunder, such Grantor shall upon request
     by the Collateral Agent, within the time periods provided therein, execute
     and deliver to the Collateral Agent a supplement to this Security Agreement
     amending Exhibit "E" to include any such pledged Instruments, Securities or
     other Investment Property.

          4.6. INTELLECTUAL PROPERTY. Each Grantor agrees that if, on or after
the date on which such Grantor becomes subject hereto, such Grantor obtains
rights to, or applies for or seeks registration of, any new patentable
invention, trademark or copyright in addition to the patents, trademarks and
copyrights described in Exhibit "B", which are all of such Grantor's patents,
trademarks and copyrights as of the date of this Security Agreement (or, if
applicable, as of the date of its delivery of a Security Agreement Supplement),
then such Grantor shall give the Collateral Agent prompt notice thereof, but in
any event not less frequently than quarterly, and the security interest granted
to the Collateral Agent hereunder shall automatically apply thereto. Each
Grantor agrees promptly upon request by the Collateral Agent to execute and
deliver to the Collateral Agent any supplement to this Security Agreement or any
other document reasonably requested by the Collateral Agent to evidence such
security interest in a form appropriate for recording in the

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applicable federal office. Each Grantor also hereby authorizes the Collateral
Agent to modify this Security Agreement unilaterally (i) by amending Exhibit "B"
to include any future patents, trademarks and/or copyrights of which the
Collateral Agent receives notification from such Grantor pursuant hereto and
(ii) by recording, in addition to and not in substitution for this Security
Agreement, a duplicate original of this Security Agreement containing in Exhibit
"B" a description of such future patents, trademarks and/or copyrights; provided
that any Grantor shall have the right, exercisable within ten (10) days after it
has been notified by the Collateral Agent of the specific identification of such
patents, trademarks and/or copyrights, to advise the Collateral Agent in writing
of any inaccuracy of the representations and warranties made by such Grantor
hereunder with respect to such patents, trademarks and/or copyrights, as
applicable. Each Grantor agrees that it will use its commercially reasonable
efforts to take such action as shall be necessary in order that all
representations and warranties hereunder shall be true and correct with respect
to such patents, trademarks and/or copyrights within thirty (30) days after the
date it has been notified by the Collateral Agent of the specific identification
of such patents, trademarks and/or copyrights.

     4.7. COMMERCIAL TORT CLAIMS. Each Grantor agrees that if, on or after the
date on which such Grantor becomes subject hereto, such Grantor identifies the
existence of a commercial tort claim belonging to such Grantor that has arisen
in the course of such Grantor's business in addition to the commercial tort
claims described in Exhibit "C" pursuant to which the applicable Grantor
reasonably expects to recover in excess of $5,000,000, then such Grantor shall
give the Collateral Agent prompt notice thereof, but in any event not less
frequently than quarterly. Each Grantor agrees promptly upon request by the
Collateral Agent to execute and deliver to the Collateral Agent any supplement
to this Security Agreement or any other document reasonably requested by the
Collateral Agent to evidence the grant of a security interest therein in favor
of the Collateral Agent.

     4.8. OWNERSHIP INTERESTS IN LIMITED LIABILITY COMPANIES AND PARTNERSHIPS.
Each Grantor agrees that if, on or after the date on which such Grantor becomes
subject hereto, (i) any limited partnership interests or ownership interests in
a limited liability company which are included within the Collateral owned by
such Grantor shall at any time constitute a Security or (ii) the issuer of any
such interests shall take any action to have such interests treated as a
Security, then such Grantor shall (x) promptly deliver all certificates or other
documents constituting such Security to the Collateral Agent and shall cause
such Security to be properly defined as such under Article 8 of the Uniform
Commercial Code of the applicable jurisdiction, whether as a result of actions
by the issuer thereof or otherwise, or (y) use commercially reasonable efforts
to cause the Collateral Agent's entry into a control agreement with the issuer
of such Security or with a securities intermediary relating to such Security and
shall cause such Security to be defined as such under Article 8 of the Uniform
Commercial Code of the applicable jurisdiction, whether as a result of actions
by the issuer thereof or otherwise.

     4.9. INSURANCE. Each Grantor shall comply with the terms of the Roto-
Rooter Credit Documents with respect to maintaining insurance.

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                                    ARTICLE V

                        REMEDIES UPON ROTO-ROOTER DEFAULT

     5.1. ACCELERATION AND REMEDIES. Upon the acceleration of any Obligation
pursuant to the terms of the applicable Roto-Rooter Credit Document, the
Collateral Agent may, in accordance with the terms of the Intercreditor
Agreement, to the extent permitted by law, exercise any or all of the following
rights and remedies:

          5.1.1 Those rights and remedies provided in this Security Agreement or
     any Roto-Rooter Credit Document, provided that this Section 5.1.1 shall not
     be understood to limit any rights or remedies available to the Collateral
     Agent and the Roto-Rooter Creditors prior to a Roto- Rooter Default.

          5.1.2 Those rights and remedies available to a secured party under the
     New York UCC (whether or not the New York UCC applies to the affected
     Collateral) or under any other applicable law (including, without
     limitation, any law governing the exercise of a bank's right of setoff or
     bankers' lien) when a debtor is in default under a security agreement.

          5.1.3 Without notice except as specifically provided in Section 8.1 or
     elsewhere herein, sell, lease, assign, grant an option or options to
     purchase or otherwise dispose of the Collateral or any part thereof in one
     or more parcels at public or private sale, for cash, on credit or for
     future delivery, and upon such other terms as the Collateral Agent may deem
     commercially reasonable.

The Collateral Agent, on behalf of the secured parties, may comply with any
applicable state or federal law requirements in connection with a disposition of
the Collateral and such compliance will not be considered to adversely affect
the commercial reasonableness of any sale of the Collateral.

     5.2. GRANTORS' OBLIGATIONS UPON ROTO-ROOTER DEFAULT. Upon the request of
the Collateral Agent upon the occurrence and during the continuance of a
Roto-Rooter Default, each Grantor will:

          5.2.1 ASSEMBLY OF COLLATERAL. Assemble and make available to the
     Collateral Agent the Collateral and all records relating thereto at any
     place or places reasonably specified by the Collateral Agent.

          5.2.2 SECURED PARTY ACCESS. Permit the Collateral Agent, by the
     Collateral Agent's representatives and agents, to enter any premises where
     all or any part of the Collateral, or the books and records relating
     thereto, or both, are located, to take possession of all or any part of the
     Collateral and to remove all or any part of the Collateral.

     5.3. LICENSE. The Collateral Agent is hereby granted a license or other
right to use, upon the occurrence and during the continuance of a Roto- Rooter
Default, without

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<PAGE>

charge, each Grantor's labels, patents, copyrights, rights of use of any name,
trade secrets, trade names, trademarks, service marks, customer lists and
advertising matter, or any property of a similar nature, as it pertains to the
Collateral, in completing production of, advertising for sale, and selling any
Collateral, and, upon the occurrence and during the continuance of a Roto-Rooter
Default, such Grantor's rights under all licenses and all franchise agreements
shall inure to the Collateral Agent's benefit. In addition, each Grantor hereby
irrevocably agrees that the Collateral Agent may, upon the occurrence and during
the continuance of a Roto- Rooter Default, sell any of such Grantor's Inventory
directly to any Person, including without limitation Persons who have previously
purchased such Grantor's Inventory from such Grantor and in connection with any
such sale or other enforcement of the Collateral Agent's rights under this
Security Agreement, may sell Inventory which bears any trademark owned by or
licensed to such Grantor and any Inventory that is covered by any copyright
owned by or licensed to such Grantor and the Collateral Agent may finish any
work in process and affix any trademark owned by or licensed to such Grantor and
sell such Inventory as provided herein.

                                   ARTICLE VI

                        WAIVERS, AMENDMENTS AND REMEDIES

     No delay or omission of the Collateral Agent or any Roto-Rooter Creditor to
exercise any right or remedy granted under this Security Agreement shall impair
such right or remedy or be construed to be a waiver of any Roto-Rooter Default
or an acquiescence therein, and any single or partial exercise of any such right
or remedy shall not preclude any other or further exercise thereof or the
exercise of any other right or remedy. No waiver, amendment or other variation
of the terms, conditions or provisions of this Security Agreement whatsoever
shall be valid unless in writing signed by the Collateral Agent and each
Grantor, and then only to the extent in such writing specifically set forth,
provided that the addition of any Subsidiary as a Grantor hereunder by execution
of a Security Agreement Supplement (with such modifications as shall be
acceptable to the Collateral Agent) shall not require receipt of any consent
from or execution of any documentation by any other Grantor party hereto. All
rights and remedies contained in this Security Agreement or by law afforded
shall be cumulative and all shall be available to the Collateral Agent and the
Roto-Rooter Creditors until the Obligations have been paid in full.

                                   ARTICLE VII

                       PROCEEDS; COLLECTION OF RECEIVABLES

     7.1. COLLECTION OF RECEIVABLES. The Collateral Agent may at any time upon
the occurrence and during the continuance of a Roto-Rooter Default, by giving
each Grantor written notice, elect to require that the Receivables be paid
directly to the Collateral Agent for the benefit of the Roto-Rooter Creditors.
In such event, each Grantor shall, and shall permit the Collateral Agent to,
promptly notify the account debtors or obligors under the Receivables owing to
such Grantor of the Collateral Agent's interest therein and direct such account
debtors or obligors to make payment of all amounts then or

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<PAGE>

thereafter due under such Receivables directly to the Collateral Agent. Upon
receipt of any such notice from the Collateral Agent, each Grantor shall
thereafter hold in trust for the Collateral Agent, on behalf of the Roto-Rooter
Creditors, all amounts and proceeds received by it with respect to the
Receivables and Other Collateral and immediately and at all times thereafter
deliver to the Collateral Agent all such amounts and proceeds in the same form
as so received, whether by cash, check, draft or otherwise, with any necessary
endorsements. The Collateral Agent shall hold and apply funds so received as
provided by the terms of Sections 7.2 and 7.3.

     7.2. SPECIAL COLLATERAL ACCOUNT. Upon the occurrence and during the
continuance of a Roto-Rooter Default, the Collateral Agent may require all cash
proceeds of the Collateral to be deposited in the Collateral Account (as defined
in the Intercreditor Agreement) with the Collateral Agent and held there as
security for the Obligations. No Grantor shall have control over the Collateral
Account. If no Roto-Rooter Default has occurred or is continuing, the Collateral
Agent may, in its sole reasonable discretion and in accordance with the
Roto-Rooter Credit Documents, transfer amounts on deposit in the Collateral
Account to the Borrower's general operating account with the Collateral Agent.
The Borrower shall remit amounts on deposit in such general operating account to
the other Grantors as it shall determine in its reasonable discretion or as
agreed to by the Borrower and the other Grantors. Neither the Collateral Agent
nor any Roto-Rooter Creditor shall have any duty or obligation to determine or
direct the distribution or application of amounts on deposit in such general
operating account. Each Grantor agrees and confirms that it shall not bring any
claim or charge against the Collateral Agent or any Roto-Rooter Creditor in
connection with the Borrower's distribution or application of amounts on deposit
in the aforementioned general operating account. If any Roto-Rooter Default has
occurred and is continuing, the Collateral Agent may, from time to time, apply,
in accordance with the terms of the Intercreditor Agreement, the collected
balances in the Collateral Account to the payment of the Obligations when due.
When all such Roto-Rooter Defaults have been cured or waived, all such collected
balances shall be promptly released to the Borrower.

     7.3. APPLICATION OF PROCEEDS. The proceeds of the Collateral shall be
applied by the Collateral Agent to payment of the Obligations in accordance with
the Intercreditor Agreement.

                                  ARTICLE VIII

                               GENERAL PROVISIONS

     8.1. NOTICE OF DISPOSITION OF COLLATERAL; CONDITION OF COLLATERAL. To the
extent permitted by law, each Grantor hereby waives notice of the time and place
of any public sale or the time after which any private sale or other disposition
of all or any part of the Collateral may be made. To the extent such notice may
not be waived under applicable law, any notice made shall be deemed reasonable
if sent to the applicable Grantor, addressed as set forth in Article IX, at
least ten (10) days prior to (i) the date of any such public sale or (ii) the
time after which any such private sale or other disposition may be made. The
Collateral Agent shall have no obligation to clean-up or otherwise prepare the

                                       17

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Collateral for sale. The Collateral Agent also shall have no obligat ion to
make any representation or warranty with respect to the Collateral.

     8.2. COMPROMISES AND COLLECTION OF COLLATERAL. Each Grantor and the
Collateral Agent recognize that setoffs, counterclaims, defenses and other
claims may be asserted by obligors with respect to certain of the Receivables,
that certain of the Receivables may be or become uncollectible in whole or in
part and that the expense and probability of success in litigating a disputed
Receivable may exceed the amount that reasonably may be expected to be recovered
with respect to a Receivable. In view of the foregoing, each Grantor agrees that
the Collateral Agent may at any time and from time to time, if a Roto-Rooter
Default has occurred and is continuing, compromise with the obligor on any
Receivable, accept in full payment of any Receivable such amount as the
Collateral Agent in its sole discretion shall determine or abandon any
Receivable, and any such action by the Collateral Agent shall be commercially
reasonable so long as the Collateral Agent acts in good faith based on
information known to it at the time it takes any such action.

     8.3. SECURED PARTY PERFORMANCE OF GRANTOR OBLIGATIONS. Without having any
obligation to do so, upon the occurrence and during the continuance of a
Roto-Rooter Default, the Collateral Agent may perform or pay any obligation
which any Grantor has agreed to perform or pay in this Security Agreement and
such Grantor shall reimburse the Collateral Agent for any amounts paid by the
Collateral Agent pursuant to this Section 8.3. Each Grantor's obligation to
reimburse the Collateral Agent pursuant to the preceding sentence shall be an
Obligation payable on demand.

     8.4. AUTHORIZATION FOR COLLATERAL AGENT TO TAKE CERTAIN ACTION. Each
Grantor irrevocably authorizes the Collateral Agent at any time and from time to
time in the sole discretion of the Collateral Agent and appoints the Collateral
Agent as its attorney in fact, subject to the terms of the Intercreditor
Agreement, (i) to file, on behalf of such Grantor as debtor, financing
statements necessary or desirable in the Collateral Agent's sole discretion to
perfect and to maintain the perfection and priority of the Collateral Agent's
security interest in the Collateral, (ii) upon the occurrence and during the
continuance of a Roto-Rooter Default, to indorse and collect any cash proceeds
of the Collateral, (iii) to file a carbon, photographic or other reproduction of
this Security Agreement or any financing statement with respect to the
Collateral as a financing statement and to file any other financing statement or
amendment of a financing statement (which does not add new collateral or add a
debtor) in such offices as the Collateral Agent in its sole discretion deems
necessary or desirable to perfect and to maintain the perfection and priority of
the Collateral Agent's security interest in the Collateral, (iv) subject to
Section 4.4, to contact and enter into one or more agreements with the issuers
of uncertificated securities which are Collateral and which are Securities or
with financial intermediaries holding other Investment Property as may be
necessary or advisable to give the Collateral Agent Control over such Securities
or other Investment Property, (v) subject to the terms of Section 7.1, upon the
occurrence and during the continuance of a Roto-Rooter Default, to enforce
payment of the Receivables in the name of the Collateral Agent or such Grantor,
(vi) upon the occurrence and during the continuance of a Roto-Rooter Default, to
apply the proceeds of any Collateral received by the Collateral Agent to the

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<PAGE>

Obligations as provided in Article VII and (vii) to discharge past due taxes,
assessments, charges, fees or Liens on the Collateral (except for such Liens as
are specifically permitted hereunder), and each Grantor agrees to reimburse the
Collateral Agent on demand for any payment made or any expense incurred by the
Collateral Agent in connection therewith, provided that this authorization shall
not relieve any Grantor of any of its obligations under this Security Agreement
or under any Roto-Rooter Credit Document.

     8.5. SPECIFIC PERFORMANCE OF CERTAIN COVENANTS. Each Grantor acknowledges
and agrees that a breach of any of the covenants contained in Sections 4.1.4,
4.1.5, 4.3, 5.3, or 8.7 or in Article VII will cause irreparable injury to the
Collateral Agent and the Roto-Rooter Creditors, that the Collateral Agent and
the Roto-Rooter Creditors have no adequate remedy at law in respect of such
breaches and therefore agrees, without limiting the right of the Collateral
Agent or the Roto-Rooter Creditors to seek and obtain specific performance of
other obligations of the Grantors contained in this Security Agreement, that the
covenants of the Grantors contained in the Sections referred to in this Section
8.5 shall, to the extent permitted by law, be specifically enforceable against
the Grantors.

     8.6. USE AND POSSESSION OF CERTAIN PREMISES. Upon the occurrence and during
the continuance of a Roto-Rooter Default, the Collateral Agent shall be entitled
to occupy and use any premises owned or leased by the Grantors where any of the
Collateral or any records relating to the Collateral are located until the
Obligations are paid in full or the Collateral is removed therefrom, whichever
first occurs, without any obligation to pay any Grantor for such use and
occupancy.

     8.7. BENEFIT OF AGREEMENT. The terms and provisions of this Security
Agreement shall be binding upon and inure to the benefit of the Grantors, the
Collateral Agent and the Roto-Rooter Creditors and their respective permitted
successors and permitted assigns (including all Persons who become bound as a
debtor to this Security Agreement), except that the Grantors shall not have the
right to assign their rights or delegate their obligations under this Security
Agreement or any interest herein, without the prior written consent of the
Collateral Agent.

     8.8. SURVIVAL OF REPRESENTATIONS. All representations and warranties of the
Grantors contained in this Security Agreement shall survive the execution and
delivery of this Security Agreement.

     8.9. EXPENSES. The Grantors shall reimburse the Collateral Agent for any
and all reasonable out-of-pocket expenses (including reasonable out-of- pocket
attorneys', auditors' and accountants' fees) paid or incurred by the Collateral
Agent in connection with the preparation, execution, delivery, administration,
collection and, upon the occurrence and during the continuance of a Roto-Rooter
Default, enforcement of this Agreement and in the audit, analysis,
administration, collection, preservation or sale of the Collateral (including
the reasonable out-of-pocket expenses and charges associated with any periodic
or special audit of the Collateral). Any and all costs and expenses incurred by
the Grantors in the performance of actions required pursuant to the terms hereof
shall be borne solely by the Grantors.

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<PAGE>

     8.10. HEADINGS. The title of and section headings in this Security
Agreement are for convenience of reference only, and shall not govern the
interpretation of any of the terms and provisions of this Security Agreement.

     8.11. TERMINATION.

          8.11.1 This Security Agreement and all security interests granted
     hereby shall terminate when all the Obligations have been paid in full
     (other than obligations to pay fees and expenses with respect to which the
     Borrower has not received an invoice, Rate Management Obligations,
     contingent indemnity obligations and other contingent obligations) and the
     Lenders have no further commitment to lend under the Existing Credit
     Agreement, the LC Obligations have been reduced to zero and the LC Issuer
     has no further obligations to issue Facility LCs under the Existing Credit
     Agreement.

          8.11.2 A Grantor shall automatically be released from its obligations
     hereunder and the security interest in the Collateral of such Grantor
     granted hereby shall be automatically released upon the consummation of any
     transaction permitted by the Roto-Rooter Credit Documents as a result of
     which such Grantor ceases to be a Subsidiary of the Borrower.

               8.11.3 Upon any sale or other transfer by any Grantor of any
     Collateral that is not prohibited by the Roto-Rooter Credit Documents, or
     upon the effectiveness of any written consent to the release of the
     security interest granted hereby in any Collateral pursuant to the
     Intercreditor Agreement, the security interest in such Collateral shall be
     automatically released.

                    8.11.4 In connection with any termination or release
               pursuant to Section 8.11.1, 8.11.2 or 8.11.3, the Collateral
               Agent shall execute and deliver to any Grantor, at such Grantor's
               expense, all documents that such Grantor shall reasonably request
               to evidence such termination or release.

     8.12. ENTIRE AGREEMENT. This Security Agreement embodies the entire
agreement and understanding between the Grantors and the Collateral Agent
relating to the Collateral and supersedes all prior agreements and
understandings between the Grantors and the Collateral Agent relating to the
Collateral.

     8.13. GOVERNING LAW; CONSENT TO JURISDICTION; VENUE; JURY TRIAL.

          8.13.1 GOVERNING LAW. THIS SECURITY AGREEMENT SHALL BE CONSTRUED IN
     ACCORDANCE WITH THE INTERNAL LAWS (INCLUDING SECTION 5-1401 OF THE GENERAL
     OBLIGATIONS LAW BUT OTHERWISE WITHOUT REGARD TO CONFLICTS OF LAW PROVISIONS
     OR PRINCIPLES THEREOF) OF THE STATE OF NEW YORK, BUT GIVING EFFECT TO
     FEDERAL LAWS APPLICABLE TO NATIONAL BANKS.

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<PAGE>

               8.13.2 CONSENT TO JURISDICTION. EACH GRANTOR HEREBY IRREVOCABLY
          SUBMITS TO THE NON-EXCLUSIVE JURISDICTION OF ANY UNITED STATES FEDERAL
          OR NEW YORK STATE COURT SITTING IN THE BOROUGH OF MANHATTAN IN NEW
          YORK, NEW YORK IN ANY ACTION OR PROCEEDING ARISING OUT OF, RELATED TO
          OR CONNECTED WITH THIS SECURITY AGREEMENT OR ANY OTHER INSTRUMENT,
          DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED IN CONNECTION HEREWITH,
          AND EACH GRANTOR HEREBY AGREES THAT ALL CLAIMS IN RESPECT OF SUCH
          ACTION OR PROCEEDING MAY BE HEARD OR DETERMINED IN ANY SUCH COURT. ANY
          JUDICIAL PROCEEDING BY ANY GRANTOR AGAINST THE COLLATERAL AGENT, THE
          ADMINISTRATIVE AGENT, THE TRUSTEE, ANY LENDER OR ANY HOLDER OF SECURED
          OBLIGATIONS OR ANY AFFILIATE OF THE COLLATERAL AGENT, THE
          ADMINISTRATIVE AGENT, THE TRUSTEE, ANY LENDER OR ANY HOLDER OF SECURED
          OBLIGATIONS INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER IN ANY WAY
          ARISING OUT OF, RELATED TO, OR CONNECTED WITH THIS SECURITY AGREEMENT
          OR ANY OTHER INSTRUMENT, DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED
          IN CONNECTION HEREWITH MAY BE BROUGHT IN A COURT IN THE BOROUGH OF
          MANHATTAN IN NEW YORK, NEW YORK. NOTHING HEREIN SHALL LIMIT THE RIGHT
          OF THE COLLATERAL AGENT, THE ADMINISTRATIVE AGENT, THE TRUSTEE, ANY
          LENDER OR ANY HOLDER OF SECURED OBLIGATIONS TO BRING PROCEEDINGS
          AGAINST SUCH GRANTOR OR LIMIT THE RIGHTS OF ANY GRANTOR TO BRING
          PROCEEDINGS AGAINST SUCH OTHER PARTY IN THE COURTS OF ANY OTHER
          JURISDICTION.

               8.13.3 VENUE. EACH GRANTOR IRREVOCABLY WAIVES ANY OBJECTION
          (INCLUDING, WITHOUT LIMITATION, ANY OBJECTION OF THE LAYING OF VENUE
          OR BASED ON THE GROUNDS OF FORUM NON CONVENIENS) WHICH IT MAY NOW OR
          HEREAFTER HAVE TO THE BRINGING OF ANY SUCH ACTION OR PROCEEDING WITH
          RESPECT TO THIS SECURITY AGREEMENT OR ANY OTHER INSTRUMENT, DOCUMENT
          OR AGREEMENT EXECUTED OR DELIVERED IN CONNECTION HEREWITH IN ANY
          JURISDICTION SET FORTH ABOVE.

               8.13.4 WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO HEREBY
          WAIVES ANY RIGHT TO HAVE A JURY PARTICIPATE IN RESOLVING ANY JUDICIAL
          PROCEEDING INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER (WHETHER
          SOUNDING IN CONTRACT, TORT, OR OTHERWISE) IN ANY WAY ARISING OUT OF,
          RELATED TO OR CONNECTED WITH THE RELATIONSHIP ESTABLISHED AMONG THEM
          IN

                                       21

<PAGE>

          CONNECTION WITH THIS SECURITY AGREEMENT OR ANY OTHER INSTRUMENT,
          DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED IN CONNECTION HEREWITH.
          EACH OF THE PARTIES HERETO AGREES AND CONSENTS THAT ANY SUCH CLAIM,
          DEMAND, ACTION OR CAUSE OF ACTION SHALL BE DECIDED BY COURT TRIAL
          WITHOUT A JURY AND THAT ANY PARTY HERETO MAY FILE AN ORIGINAL
          COUNTERPART OR A COPY OF THIS SECURITY AGREEMENT WITH ANY COURT AS
          WRITTEN EVIDENCE OF THE CONSENT OF THE PARTIES HERETO TO THE WAIVER OF
          THEIR RIGHT TO TRIAL BY JURY.

               8.13.5 ADVICE OF COUNSEL. EACH OF THE PARTIES REPRESENTS TO EACH
          OTHER PARTY HERETO THAT IT HAS DISCUSSED THIS SECURITY AGREEMENT AND,
          SPECIFICALLY, THE PROVISIONS OF THIS SECTION 8.14, WITH ITS COUNSEL.

     8.14. INDEMNITY. Each Grantor hereby agrees, jointly with the other
Grantors and severally, to indemnify each of the Collateral Agent and each of
the Roto-Rooter Creditors, and their respective permitted successors, assigns,
agents and employees (collectively, the "Indemnified Parties"), from and against
any and all liabilities, damages, penalties, suits and related reasonable
out-of-pocket costs and expenses of any kind and nature (including, without
limitation, all such reasonable out-of pocket expenses of litigation or
preparation therefor whether or not the Collateral Agent or any Roto-Rooter
Creditor is a party thereto) imposed on, incurred by or asserted against the
Collateral Agent or the Roto-Rooter Creditors, or their respective permitted
successors, assigns, agents and employees (collectively, the "Indemnified
Amounts"), in any way relating to or arising out of this Security Agreement, or
the manufacture, purchase, acceptance, rejection, ownership, delivery, lease,
possession, use, operation, condition, sale, return or other disposition of any
Collateral (including, without limitation, latent and other defects, whether or
not discoverable by the Collateral Agent or the Roto-Rooter Creditors or any
Grantor, and any claim for patent, trademark or copyright infringement);
provided that such indemnity shall not, as to any single Indemnified Party, be
available to the extent that such losses, claims, damages, liabilities or
related expenses are determined by a court of competent jurisdiction by final
and nonappealable judgment to have resulted from the gross negligence or willful
misconduct of such Indemnified Party.

                                   ARTICLE IX

                                     NOTICES

     9.1. SENDING NOTICES. Any notice required or permitted to be given under
this Security Agreement shall be sent (and deemed received) in the manner and to
the addresses set forth in Article XIII of the Existing Credit Agreement and
Article XII of the Note Indenture and any such notice delivered to the Borrower
shall be deemed to have been delivered to all of the Grantors.

                                       22

<PAGE>

       9.2. CHANGE IN ADDRESS FOR NOTICES. Each of the Grantors, the Collateral
Agent and the Roto-Rooter Creditors may change the address for service of notice
upon it by a notice in writing to the other parties.

                                    ARTICLE X

                              THE COLLATERAL AGENT

     Bank One, NA has been appointed Collateral Agent for the Roto-Rooter
Creditors hereunder pursuant to the Intercreditor Agreement. It is expressly
understood and agreed by the parties to this Security Agreement that any
authority conferred upon the Collateral Agent hereunder is subject to the terms
of the delegation of authority made by the Roto-Rooter Creditors pursuant to the
Intercreditor Agreement, and that the Collateral Agent has agreed to act (and
any successor Collateral Agent shall act) as such hereunder only on the express
conditions contained in such Intercreditor Agreement. Any successor Collateral
Agent appointed pursuant to the Intercreditor Agreement shall be entitled to all
the rights, interests and benefits of the Collateral Agent hereunder. The
Administrative Agent, on behalf of the Lenders, and the Trustee, on behalf of
the holders of the Notes, shall promptly notify the Grantors of any successor
Collateral Agent; provided, however, that failure to provide such notice shall
not limit or impair the rights and remedies of such successor Collateral Agent
or the Roto-Rooter Creditors hereunder.

               The remainder of this page is intentionally blank.

                                       23

<PAGE>

     IN WITNESS WHEREOF, each of the Grantors and the Collateral Agent have
executed this Security Agreement as of the date first above written.

                                ROTO-ROOTER, INC.
                                CCR OF OHIO, INC.
                                COMFORT CARE HOLDINGS CO.
                                COMPLETE PLUMBING SERVICES, INC.
                                CONSOLIDATED HVAC, INC.
                                JET RESOURCE, INC.
                                NUROTOCO OF MASSACHUSETTS, INC.
                                NUROTOCO OF NEW JERSEY, INC.
                                R.R. UK, INC.
                                ROTO-ROOTER CORPORATION
                                ROTO-ROOTER DEVELOPMENT COMPANY
                                ROTO-ROOTER MANAGEMENT COMPANY
                                ROTO-ROOTER SERVICES COMPANY
                                R.R. PLUMBING SERVICES CORPORATION
                                SERVICE AMERICA NETWORK, INC.

                                By:  /s/ Naomi C. Dallob
                                     ----------------------
                                     Name: Naomi C. Dallob
                                     Title: Secretary

                                HOSPICE CARE INCORPORATED
                                 HOSPICE, INC.
                                VITAS HEALTHCARE CORPORATION
                                VITAS HEALTHCARE CORPORATION OF CALIFORNIA
                                VITAS HEALTHCARE CORPORATION OF CENTRAL FLORIDA
                                VITAS HEALTHCARE CORPORATION OF FLORIDA
                                VITAS HEALTHCARE CORPORATION OF ILLINOIS
                                VITAS HEALTHCARE CORPORATION OF OHIO
                                VITAS HEALTHCARE CORPORATION OF PENNSYLVANIA
                                VITAS HEALTHCARE CORPORATION OF WISCONSIN
                                VITAS HME SOLUTIONS, INC.
                                 VITAS HOLDINGS CORPORATION
                                VITAS HOSPICE SERVICES, L.L.C.

                                By:  /s/ Timothy S. O'Toole
                                     ------------------------
                                      Name: Timothy S. O'Toole
                                      Title: President

                                VITAS HEALTHCARE OF TEXAS, L.P.

                                By:   Vitas Hospice Services, L.L.C.,
                                      its General Partner

                                By:  /s/ Timothy S. O'Toole
                                     -----------------------
                                     Name: Timothy S. O'Toole
                                     Title: President

                                BANK ONE, NA (MAIN OFFICE CHICAGO), as
                                Collateral Agent

                                By:  /s/ Thomas J. Reinhold
                                     -----------------------
                                Name:  Thomas J. Reinhold
                                Title: Vice President

<PAGE>

                                    ANNEX I

                                       to

                          SECURITY AND PLEDGE AGREEMENT

          Reference is hereby made to the Pledge and Security Agreement (as the
same may be amended, restated, supplemented or otherwise modified from time to
time, the "Security Agreement"), dated as of February 24, 2004, made by Roto-
Rooter, Inc., a Delaware corporation (the "Borrower"), and certain of its
Subsidiaries party thereto on such date (each an "Initial Grantor", and together
with any additional Subsidiaries, including the undersigned, which become
parties thereto by executing a Security Agreement Supplement in substantially
the form hereof, the "Grantors"), in favor of the Collateral Agent. Capitalized
terms used herein and not defined herein shall have the meanings given to them
in the Security Agreement. By its execution below, the undersigned, [NAME OF NEW
GRANTOR], a [_________] [corporation/limited liability company] agrees to
become, and does hereby become, a Grantor under the Agreement and agrees to be
bound by such Agreement as if originally a party thereto. By its execution
below, the undersigned represents and warrants as to itself that all of the
representations and warranties contained in the Agreement are true and correct
in all material respects as of the date hereof. [NAME OF NEW GRANTOR] represents
and warrants that the supplements to the Exhibits to the Agreement attached
hereto are true and correct in all material respects and such supplements set
forth all information required to be scheduled under the Agreement.

          IN WITNESS WHEREOF, [NAME OF NEW GRANTOR], a [__________________]
[corporation/limited liability company] has executed and delivered this Annex I
counterpart to the Agreement as of this ___________ day of ____________, 20___.
[NAME OF NEW GRANTOR]

                                By:__________________________
                                Name:
                                Title:<PAGE>

                                                                   EXHIBIT 10.46

                                                                  EXECUTION COPY

                               GUARANTY AGREEMENT

          THIS GUARANTY AGREEMENT (as the same may be amended, restated,
supplemented or otherwise modified from time to time, this "Guaranty") is made
as of February 24, 2004 by each of the Subsidiaries of Roto-Rooter, Inc., a
Delaware corporation (the "Borrower"), listed on the signature pages hereto
(each an "Initial Guarantor") and those additional Subsidiaries which become
parties to this Guaranty by executing a Supplement hereto (a "Guaranty
Supplement") in the form attached hereto as Annex I (such additional
Subsidiaries, together with the Initial Guarantors, the "Guarantors"), in favor
of BANK ONE, NA (Main Office Chicago), as Administrative Agent (the
"Administrative Agent") for the benefit of the Holders of Secured Obligations
under the Credit Agreement described below.

                                   WITNESSETH:

          WHEREAS, the Borrower, certain financial institutions (the "Lenders"),
and the Administrative Agent are party to that certain Credit Agreement, dated
as of the date hereof (as the same may be amended, restated, supplemented or
otherwise modified from time to time, the "Credit Agreement") which provides,
subject to the terms and conditions thereof, for extensions of credit and other
financial accommodations by the Lenders to the Borrower;

          WHEREAS, it is a condition precedent to the initial extensions of
credit by the Lenders under the Credit Agreement that each of the Guarantors
execute and deliver this Guaranty, whereby each of the Guarantors, without
limitation and with full recourse, shall guarantee the payment when due of all
Secured Obligations, including, without limitation, all principal, interest,
letter of credit reimbursement obligations and other amounts that shall be at
any time payable by the Borrower under the Credit Agreement, certain Rate
Management Transactions or the other Loan Documents; and

          WHEREAS, in consideration of the direct and indirect financial and
other support that the Borrower has provided, and such direct and indirect
financial and other support as the Borrower may in the future provide, to the
Guarantors, and in order to induce the Lenders and the Administrative Agent to
enter into the Credit Agreement, each of the Guarantors is willing to guarantee
the Secured Obligations under the Credit Agreement, certain Rate Management
Transactions and the other Loan Documents;

          NOW, THEREFORE, in consideration of the foregoing premises and other
good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

          SECTION 1. Definitions. Terms defined in the Credit Agreement and not
otherwise defined herein have, as used herein, the respective meanings provided
for therein.

          SECTION 2. Representations, Warranties and Covenants. Each of the
Guarantors represents and warrants (which representations and warranties shall
be deemed to have been renewed at the time of the making, conversion or
continuation of any Loan or issuance

<PAGE>

or Modification of any Facility LC) that:

          (a) It (i) is a corporation, limited liability company, or partnership
     duly incorporated or organized, as the case may be, validly existing and
     (to the extent such concept applies to such entity) in good standing under
     the laws of its jurisdiction of incorporation or organization, (ii) is duly
     qualified to do business as a foreign entity and (to the extent such
     concept applies to such entity) is in good standing under the laws of each
     jurisdiction in which failure to be so qualified or in good standing could
     result in a Material Adverse Effect, and (iii) has all requisite corporate,
     limited liability company or partnership power and authority, as the case
     may be, to own, operate and encumber its Property and to conduct its
     business in each jurisdiction in which its business is conducted.

          (b) It has the requisite corporate, limited liability company or
     partnership, as applicable, power and authority and legal right to execute
     and deliver this Guaranty and to perform its obligations hereunder. The
     execution and delivery by it of this Guaranty and the performance by it of
     its obligations hereunder have been duly authorized by proper proceedings,
     and this Guaranty constitutes a legal, valid and binding obligation of such
     Guarantor, enforceable against such Guarantor, in accordance with its
     terms, except as enforceability may be limited by (i) bankruptcy,
     insolvency, fraudulent conveyance, reorganization or similar laws relating
     to or affecting the enforcement of creditors' rights generally, (ii)
     general equitable principles whether considered in a proceeding in equity
     or at law, and (iii) requirements of reasonableness, good faith, and fair
     dealing.

          (c) Neither the execution and delivery by it of this Guaranty, nor the
     consummation by it of the transactions herein contemplated, nor compliance
     by it with the terms and provisions hereof, will (i) violate the
     certificate or articles of incorporation or by-laws, limited liability
     company or partnership agreement (as applicable) of such Guarantor, (ii)
     conflict with, result in a breach of or constitute (with or without notice
     or lapse of time or both) a default or violation under (A) any law, rule,
     regulation, order, writ, judgment, injunction, decree or award (including,
     without limitation, any environmental property transfer laws or
     regulations) applicable to such Guarantor except for violations which
     individually or in the aggregate would not reasonably be expected to result
     in a Material Adverse Effect or (B) any provisions of any indenture,
     material instrument or material agreement to which such Guarantor is party
     or is subject or which it or its Property is bound except for violations
     which individually or in the aggregate would not reasonably be expected to
     result in a Material Adverse Effect, (iii) result in or require the
     creation or imposition of any Lien whatsoever upon any of the property or
     assets of such Guarantor, other than Liens permitted or created by the Loan
     Documents, or (iv) require any approval of such Guarantor's board of
     directors or shareholders or unitholders except such as have been obtained.
     The execution, delivery and performance by the Guarantors of this Guaranty
     do not and will not require any registration with, consent or approval of,
     or notice to, or other action to, with or by any governmental authority,
     including under any environmental property transfer laws or regulations,
     except filings, consents or notices which have been made or to the extent
     that the failure to make such filings, consents or notices would not
     reasonably be expected to result in a

                                        2
<PAGE>

     Material Adverse Effect.

In addition to the foregoing, each of the Guarantors covenants that, until the
Revolving Loan Commitments have expired or been terminated, the LC Obligations
have expired, been reimbursed or been cash collateralized (in each case in
accordance with the terms of the Credit Agreement), and the other Obligations
have been paid in full (other than obligations to pay fees and expenses with
respect to which the Borrower has not received an invoice, Rate Management
Obligations, contingent indemnity obligations and other contingent obligations)
it will, and, if necessary, will enable the Borrower to, fully comply with those
covenants and agreements of the Borrower applicable to such Guarantor set forth
in the Credit Agreement.

          SECTION 3. The Guaranty. Each of the Guarantors hereby unconditionally
guarantees, jointly and severally with the other Guarantors, the full and
punctual payment and performance when due (whether at stated maturity, upon
acceleration or otherwise) of the Secured Obligations, including, without
limitation, (i) the principal of and interest on each Advance made to the
Borrower pursuant to the Credit Agreement, (ii) any Reimbursement Obligations of
the Borrower or the performance by it of such Reimbursement Obligations, (iii)
all Rate Management Obligations of the Borrower owing to any Lender or any
affiliate of any Lender under any Rate Management Transactions (any such Rate
Management Transaction with any Lender or any affiliate of any Lender being
herein referred to as a "Guaranteed Rate Management Transaction") unless the
Borrower and any such Lender mutually agree that any such Rate Management
Transaction does not constitute a Guaranteed Rate Management Transaction
hereunder, (iv) all other amounts payable by the Borrower under the Credit
Agreement, any Guaranteed Rate Management Transaction and the other Loan
Documents, and (v) the punctual and faithful performance, keeping, observance,
and fulfillment by the Borrower of all of the agreements, conditions, covenants,
and obligations of the Borrower contained in the Loan Documents (all of the
foregoing being referred to collectively as the "Guaranteed Obligations"). Upon
failure by the Borrower or any of its Affiliates to pay punctually any such
amount, each of the Guarantors agrees that it shall forthwith on demand pay such
amount to the Collateral Agent at the place and in the manner specified in the
Intercreditor Agreement. Each of the Guarantors hereby agrees that this Guaranty
is an absolute, irrevocable and unconditional guaranty of payment and
performance and is not a guaranty of collection.

          SECTION 4. Guaranty Unconditional. The obligations of each of the
Guarantors hereunder shall be unconditional and absolute and, without limiting
the generality of the foregoing, shall not be released, discharged or otherwise
affected by:

          (a) any extension, renewal, settlement, indulgence, compromise, waiver
     or release of or with respect to the Guaranteed Obligations or any part
     thereof or any agreement relating thereto, or with respect to any
     obligation of any other guarantor of any of the Guaranteed Obligations,
     whether (in any such case) by operation of law or otherwise, or any failure
     or omission to enforce any right, power or remedy with respect to the
     Guaranteed Obligations or any part thereof or any agreement relating
     thereto, or with respect to any obligation of any other guarantor of any of
     the Guaranteed Obligations;

                                        3
<PAGE>

          (b) any modification or amendment of or supplement to the Credit
     Agreement, any Guaranteed Rate Management Transaction or any other Loan
     Document, including, without limitation, any such amendment which may
     increase the amount of, or the interest rates applicable to, any of the
     Guaranteed Obligations guaranteed hereby;

          (c) any release, surrender, compromise, settlement, waiver,
     subordination or modification, with or without consideration, of any
     collateral securing the Guaranteed Obligations or any part thereof, any
     other guaranties with respect to the Guaranteed Obligations or any part
     thereof, or any other obligation of any person or entity with respect to
     the Guaranteed Obligations or any part thereof, or any nonperfection or
     invalidity of any direct or indirect security for the Guaranteed
     Obligations;

          (d) any change in the corporate, limited liability company,
     partnership or other existence, structure or ownership of the Borrower or
     any other guarantor of any of the Guaranteed Obligations, or any
     insolvency, bankruptcy, reorganization or other similar proceeding
     affecting the Borrower or any other guarantor of the Guaranteed
     Obligations, or any of their respective assets or any resulting release or
     discharge of any obligation of the Borrower or any other guarantor of any
     of the Guaranteed Obligations;

          (e) the existence of any claim, setoff or other rights which the
     Guarantors may have at any time against the Borrower, any other guarantor
     of any of the Guaranteed Obligations, the Administrative Agent, any Holder
     of Secured Obligations or any other Person, whether in connection herewith
     or in connection with any unrelated transactions, provided that nothing
     herein shall prevent the assertion of any such claim by separate suit or
     compulsory counterclaim;

          (f) the enforceability or validity of the Guaranteed Obligations or
     any part thereof or the genuineness, enforceability or validity of any
     agreement relating thereto or with respect to any collateral securing the
     Guaranteed Obligations or any part thereof, or any other invalidity or
     unenforceability relating to or against the Borrower or any other guarantor
     of any of the Guaranteed Obligations, for any reason related to the Credit
     Agreement, any Guaranteed Rate Management Transaction or any other Loan
     Document, or any provision of applicable law or regulation purporting to
     prohibit the payment by the Borrower or any other guarantor of the
     Guaranteed Obligations, of any of the Guaranteed Obligations;

          (g) the failure of the Collateral Agent, the Administrative Agent or
     any Holder of Secured Obligations to take any steps to perfect and maintain
     any security interest in, or to preserve any rights to, any security or
     collateral for the Guaranteed Obligations, if any;

          (h) the election by, or on behalf of, any one or more of the Holders
     of Secured Obligations, in any proceeding instituted under Chapter 11 of
     Title 11 of the United States Code (11 U.S.C. 101 et seq.) (the "Bankruptcy
     Code"), of the application of Section 1111(b)(2) of the Bankruptcy Code;

                                        4
<PAGE>

          (i) any borrowing or grant of a security interest by the Borrower, as
     debtor-in-possession, under Section 364 of the Bankruptcy Code;

          (j) the disallowance, under Section 502 of the Bankruptcy Code, of all
     or any portion of the claims of any of the Holders of Secured Obligations
     or the Administrative Agent for repayment of all or any part of the
     Guaranteed Obligations;

          (k) the failure of any other Guarantor to sign or become party to this
     Guaranty or any amendment, change, or reaffirmation hereof; or

          (l) any other act or omission to act or delay of any kind by the
     Borrower, any other guarantor of the Guaranteed Obligations, the Collateral
     Agent, the Administrative Agent, any Holder of Secured Obligations or any
     other Person or any other circumstance whatsoever which might, but for the
     provisions of this Section 4, constitute a legal or equitable discharge of
     any Guarantor's obligations hereunder.

          SECTION 5. Discharge Only Upon Payment In Full; Reinstatement In
     Certain Circumstances. Subject to Section 24, each of the Guarantors'
     obligations hereunder shall remain in full force and effect until all
     Guaranteed Obligations shall have been paid in full in cash and the
     Revolving Loan Commitments and Term Loan Commitments and all Facility LCs
     issued under the Credit Agreement shall have terminated or expired. If at
     any time any payment of the principal of or interest on any Advance, any
     Reimbursement Obligation or any other amount payable by the Borrower or any
     other party under the Credit Agreement, any Guaranteed Rate Management
     Transaction or any other Loan Document is rescinded or must be otherwise
     restored or returned upon the insolvency, bankruptcy or reorganization of
     the Borrower or otherwise, each of the Guarantors' obligations hereunder
     with respect to such payment shall be reinstated as though such payment had
     been due but not made at such time.

          SECTION 6. General Waivers; Additional Waivers.

          (a) General Waivers. To the fullest extent permitted by law, each of
     the Guarantors irrevocably waives acceptance hereof, presentment, demand or
     action on delinquency, protest, the benefit of any statutes of limitations
     and any notice not provided for herein, as well as any requirement that at
     any time any action be taken by any Person against the Borrower, any other
     guarantor of the Guaranteed Obligations, or any other Person.

          (b) Additional Waivers. Notwithstanding anything herein to the
     contrary, each of the Guarantors hereby absolutely, unconditionally,
     knowingly, and expressly waives to the fullest extent permitted by law:

               (i) any right it may have to revoke this Guaranty as to future
          indebtedness or notice of acceptance hereof;

               (ii) (1) notice of acceptance hereof; (2) notice of any loans or
          other

                                        5
<PAGE>

          financial accommodations made or extended under the Loan Documents or
          the creation or existence of any Guaranteed Obligations; (3) notice of
          the amount of the Guaranteed Obligations, subject, however, to each
          Guarantor's right to make inquiry of the Administrative Agent and the
          Holders of Secured Obligations to ascertain the amount of the
          Guaranteed Obligations at any reasonable time; (4) notice of any
          adverse change in the financial condition of the Borrower or of any
          other fact that might increase such Guarantor's risk hereunder; (5)
          notice of presentment for payment, demand, protest, and notice thereof
          as to any instruments among the Loan Documents; (6) notice of any
          Unmatured Event of Default or Event of Default; and (7) all other
          notices (except if such notice is specifically required to be given to
          such Guarantor hereunder or under the Loan Documents) and demands to
          which each Guarantor might otherwise be entitled;

               (iii) its right, if any, to require the Administrative Agent and
          the other Holders of Secured Obligations to (A) institute suit
          against, or to exhaust any rights and remedies which the
          Administrative Agent and the other Holders of Secured Obligations has
          or may have against, (1) the Borrower, the other Guarantors or any
          third party or (2) against any Collateral provided by the Borrower,
          the other Guarantors, or any third party, or (B) pursue any other
          remedy of the Administrative Agent or the other Holders of Secured
          Obligations; and any defense arising by reason of any disability or
          other defense (other than the defense that the Guaranteed Obligations
          shall have been fully and finally performed and indefeasibly paid) of
          the Borrower, the other Guarantors or any other party by reason of the
          cessation from any cause whatsoever of the liability of the Borrower
          or the other Guarantors in respect thereof;

               (iv) (1) any rights to assert against the Collateral Agent, the
          Administrative Agent and the other Holders of Secured Obligations any
          defense (legal or equitable), set-off, counterclaim, or claim which
          such Guarantor may now or at any time hereafter have against the other
          Guarantors or any other party liable to the Collateral Agent, the
          Administrative Agent and the other Holders of Secured Obligations; (2)
          any defense, set-off, counterclaim, or claim, of any kind or nature,
          arising directly or indirectly from the present or future lack of
          perfection, sufficiency, validity, or enforceability of the Guaranteed
          Obligations or any security therefor; (3) any defense such Guarantor
          has to performance hereunder, and any right such Guarantor has to be
          exonerated, arising by reason of: the impairment or suspension of the
          Collateral Agent's, the Administrative Agent's and the other Holders
          of Secured Obligations' rights or remedies against the other
          Guarantors; the alteration by the Administrative Agent and the other
          Holders of Secured Obligations of the Guaranteed Obligations; any
          discharge of the other Guarantors' obligations to the Administrative
          Agent and the other Holders of Secured Obligations by operation of law
          as a result of the Administrative Agent's and the other Holders of
          Secured Obligations' intervention or omission; or the acceptance by
          the Administrative Agent and the other Holders of Secured Obligations
          of anything in partial satisfaction of the Guaranteed Obligations; and
          (4) the benefit of any statute of limitations affecting

                                        6
<PAGE>

          such Guarantor's liability hereunder or the enforcement thereof, and
          any act which shall defer or delay the operation of any statute of
          limitations applicable to the Guaranteed Obligations shall similarly
          operate to defer or delay the operation of such statute of limitations
          applicable to such Guarantor's liability hereunder; and

               (v) any defense arising by reason of or deriving from (a) any
          claim or defense based upon an election of remedies by the
          Administrative Agent and the other Holders of Secured Obligations; or
          (b) any election by the Administrative Agent and the other Holders of
          Secured Obligations under Section 1111(b) of Title 11 of the United
          States Code entitled "Bankruptcy", as now and hereafter in effect (or
          any successor statute), to limit the amount of, or any collateral
          securing, its claim against the Guarantors.

          SECTION 7. Subordination of Subrogation; Subordination of Intercompany
Indebtedness.

          (a) Subordination of Subrogation. Until the Guaranteed Obligations
     have been fully and finally performed and indefeasibly paid in full in
     cash, the Guarantors (i) shall not exercise any right of subrogation with
     respect to such Guaranteed Obligations and (ii) shall not exercise any
     right to enforce any remedy which the Holders of Secured Obligations, the
     LC Issuer, the Collateral Agent or the Administrative Agent now have or may
     hereafter have against the Borrower, any endorser or any guarantor of all
     or any part of the Secured Obligations or any other Person in respect of
     the Guaranteed Obligations, and the Guarantors shall not exercise any right
     to participate in, any security or collateral given to the Holders of
     Secured Obligations, the LC Issuer, the Administrative Agent and the
     Collateral Agent to secure the payment or performance of all or any part of
     the Guaranteed Obligations. Should any Guarantor have the right,
     notwithstanding the foregoing, to exercise its subrogation rights in
     respect of the Guaranteed Obligations, each Guarantor hereby expressly and
     irrevocably (A) subordinates any and all rights at law or in equity to
     subrogation, reimbursement, exoneration, contribution, indemnification or
     set off that the Guarantor may have in respect of the Guaranteed
     Obligations to the indefeasible payment in full of the Guaranteed
     Obligations and (B) to the extent permitted by applicable law, waives any
     and all defenses (other than the defenses of payment and performance)
     available to a surety, guarantor or accommodation co-obligor in respect of
     the Guaranteed Obligations until the Guaranteed Obligations are
     indefeasibly paid in full in cash. Each Guarantor acknowledges and agrees
     that this subordination is intended to benefit the Administrative Agent and
     the Holders of Secured Obligations and shall not limit or otherwise affect
     such Guarantor's liability hereunder or the enforceability of this
     Guaranty, and that the Administrative Agent, the Holders of Secured
     Obligations and their respective permitted successors and assigns are
     intended third party beneficiaries of the waivers and agreements set forth
     in this Section 7.

          (b) Subordination of Intercompany Indebtedness. Each Guarantor agrees
     that any and all claims of such Guarantor against the Borrower or any other
     Guarantor hereunder (each an "Obligor") with respect to any "Intercompany
     Indebtedness" (as hereinafter defined), shall be subordinate and subject in
     right of payment to the prior

                                        7
<PAGE>

     payment, in full and in cash, of all Guaranteed Obligations; provided that,
     and not in contravention of the foregoing, unless an Event of Default has
     occurred and is continuing and such Guarantor receives from the
     Administrative Agent a payment blockage notice hereunder that has not been
     withdrawn such Guarantor may make loans to and receive payments with
     respect to such Intercompany Indebtedness from each such Obligor to the
     extent not prohibited by the terms of this Guaranty and the other Loan
     Documents. Notwithstanding any right of any Guarantor to ask, demand, sue
     for, take or receive any payment from any Obligor, all rights, liens and
     security interests of such Guarantor, whether now or hereafter arising and
     howsoever existing, in any assets of any other Obligor (whether
     constituting a part of any Collateral given to any Holder of Secured
     Obligations, the Collateral Agent or the Administrative Agent to secure
     payment of all or any part of the Guaranteed Obligations or otherwise)
     shall be and are subordinated to the rights of the Holders of Secured
     Obligations, the Collateral Agent and the Administrative Agent in those
     assets. No Guarantor shall have any right to foreclose upon any such asset,
     whether by judicial action or otherwise, unless and until all of the
     Guaranteed Obligations (other than obligations to pay fees and expenses
     with respect to which the Borrower has not received an invoice, Rate
     Management Obligations, contingent indemnity obligations and other
     contingent obligations) shall have been fully paid and satisfied (in cash).
     If all or any part of the assets of any Obligor, or the proceeds thereof,
     are subject to any distribution, division or application to the creditors
     of such Obligor, whether partial or complete, voluntary or involuntary, and
     whether by reason of liquidation, bankruptcy, arrangement, receivership,
     assignment for the benefit of creditors or any other similar action or
     proceeding, then, and in any such event (such events being herein referred
     to as an "Insolvency Event"), any payment or distribution of any kind or
     character, either in cash, securities or other property, which shall be
     payable or deliverable upon or with respect to any indebtedness of any
     Obligor to any Guarantor ("Intercompany Indebtedness") shall be paid or
     delivered directly to the Collateral Agent for application in accordance
     with the Intercreditor Agreement on any of the Guaranteed Obligations, due
     or to become due, until such Guaranteed Obligations (other than obligations
     to pay fees and expenses with respect to which the Borrower has not
     received an invoice, Rate Management Obligations, contingent indemnity
     obligations and other contingent obligations) shall have been fully paid
     and satisfied (in cash). Should any payment, distribution, security or
     instrument or proceeds thereof be received by the applicable Guarantor upon
     or with respect to the Intercompany Indebtedness after any Insolvency Event
     and prior to the satisfaction of all of the Guaranteed Obligations (other
     than obligations to pay fees and expenses with respect to which the
     Borrower has not received an invoice, Rate Management Obligations,
     contingent indemnity obligations and other contingent obligations), such
     Guarantor shall receive and hold the same in trust, as trustee, for the
     benefit of the Holders of Secured Obligations and shall forthwith deliver
     the same to the Collateral Agent in precisely the form received (except for
     the endorsement or assignment of the Guarantor where necessary), for
     application in accordance with the Intercreditor Agreement to any of the
     Guaranteed Obligations, due or not due, and, until so delivered, the same
     shall be held in trust by the Guarantor as the property of the Collateral
     Agent. If any such Guarantor fails to make any such endorsement or
     assignment to the Collateral Agent, the Collateral Agent or any of its
     officers or employees is irrevocably authorized to make the same. Each
     Guarantor agrees

                                        8
<PAGE>

     that until the Guaranteed Obligations (other than obligations to pay fees
     and expenses with respect to which the Borrower has not received an
     invoice, Rate Management Obligations, contingent indemnity obligations and
     other contingent obligations) have been paid in full (in cash) and
     satisfied, no Guarantor will assign or transfer to any Person (other than
     the Administrative Agent) any claim any such Guarantor has or may have
     against any Obligor, except as otherwise permitted by the Loan Documents.

          SECTION 8. Contribution with Respect to Guaranteed Obligations.

          (a) To the extent that any Guarantor shall make a payment under this
Guaranty (a "Guarantor Payment") which, taking into account all other Guarantor
Payments then previously or concurrently made by any other Guarantor, exceeds
the amount which otherwise would have been paid by or attributable to such
Guarantor if each Guarantor had paid the aggregate Guaranteed Obligations
satisfied by such Guarantor Payment in the same proportion as such Guarantor's
"Allocable Amount" (as defined below) (as determined immediately prior to such
Guarantor Payment) bore to the aggregate Allocable Amounts of each of the
Guarantors as determined immediately prior to the making of such Guarantor
Payment, then, following indefeasible payment in full in cash of the Guarantor
Payment and the Guaranteed Obligations, and termination of the Credit Agreement,
such Guarantor shall be entitled to receive contribution and indemnification
payments from, and be reimbursed by, each other Guarantor for the amount of such
excess, pro rata based upon their respective Allocable Amounts in effect
immediately prior to such Guarantor Payment.

          (b) As of any date of determination, the "Allocable Amount" of any
Guarantor shall be equal to the maximum amount of the claim which could then be
recovered from such Guarantor under this Guaranty without rendering such claim
voidable or avoidable under Section 548 of Chapter 11 of the Bankruptcy Code or
under any applicable state Uniform Fraudulent Transfer Act, Uniform Fraudulent
Conveyance Act or similar statute or common law.

          (c) This Section 8 is intended only to define the relative rights of
the Guarantors, and nothing set forth in this Section 8 is intended to or shall
impair the obligations of the Guarantors, jointly and severally, to pay any
amounts as and when the same shall become due and payable in accordance with the
terms of this Guaranty.

          (d) The parties hereto acknowledge that the rights of contribution and
indemnification hereunder shall constitute assets of the Guarantor or Guarantors
to which such contribution and indemnification is owing.

          (e) The rights of the indemnifying Guarantors against other Guarantors
under this Section 8 shall be exercisable upon the full and indefeasible payment
of the Guaranteed Obligations in cash and the termination of the Credit
Agreement, including, without limitation, the termination of the Revolving Loan
Commitments and the Term Loan Commitments thereunder.

                                        9
<PAGE>

          SECTION 9. Stay of Acceleration. If the time for payment of any amount
payable by the Borrower under the Credit Agreement, any Guaranteed Rate
Management Transaction or any other Loan Document is accelerated pursuant to the
terms thereof, but such acceleration is stayed upon the insolvency, bankruptcy
or reorganization of the Borrower or any of its Affiliates, all such amounts
otherwise subject to acceleration under the terms of the Credit Agreement, any
Guaranteed Rate Management Transaction or any other Loan Document shall, to the
extent permitted by law, nonetheless be payable by each of the Guarantors
hereunder forthwith on demand by the Administrative Agent.

          SECTION 10. Notices. All notices, requests and other communications to
any party hereunder shall be given in the manner prescribed in Article XIII of
the Credit Agreement with respect to the Administrative Agent at its notice
address therein and, with respect to any Guarantor, in the care of the Borrower
at the address of the Borrower set forth in the Credit Agreement, or such other
address or telecopy number as such party may hereafter specify for such purpose
by notice to the Administrative Agent in accordance with the provisions of such
Article XIII.

          SECTION 11. No Waivers. No failure or delay by the Administrative
Agent, the Collateral Agent or any Holder of Secured Obligations in exercising
any right, power or privilege hereunder shall operate as a waiver thereof nor
shall any single or partial exercise thereof preclude any other or further
exercise thereof or the exercise of any other right, power or privilege. The
rights and remedies provided in this Guaranty, the Credit Agreement, any
Guaranteed Rate Management Transaction and the other Loan Documents shall be
cumulative and not exclusive of any rights or remedies provided by law.

          SECTION 12. Successors and Assigns. This Guaranty is for the benefit
of the Administrative Agent, the Collateral Agent and the Holders of Secured
Obligations and their respective permitted successors and assigns, provided,
that no Guarantor shall have any right to assign its rights or obligations
hereunder without the consent of all of the Lenders, and any such assignment in
violation of this Section 12 shall be null and void; and in the event of an
assignment of any amounts payable under the Credit Agreement, any Guaranteed
Rate Management Transaction or the other Loan Documents in accordance with the
respective terms thereof, the rights hereunder, to the extent applicable to the
indebtedness so assigned, may be transferred with such indebtedness. This
Guaranty shall be binding upon each of the Guarantors and their respective
successors and assigns.

          SECTION 13. Changes in Writing. Other than in connection with the
addition of additional Subsidiaries, which become parties hereto by executing a
Guaranty Supplement, neither this Guaranty nor any provision hereof may be
changed, waived, discharged or terminated orally, but only in writing signed by
each of the Guarantors, the Collateral Agent and the Administrative Agent with
the consent of the Required Lenders under the Credit Agreement (or all of the
Lenders if required pursuant to the terms of Section 8.2 of the Credit
Agreement).

          SECTION 14. GOVERNING LAW. THE ADMINISTRATIVE AGENT ACCEPTS THIS
GUARANTY, ON BEHALF OF ITSELF AND THE HOLDERS OF SECURED

                                       10
<PAGE>

OBLIGATIONS, AT NEW YORK, NEW YORK BY ACKNOWLEDGING AND AGREEING TO IT THERE.
ANY DISPUTE BETWEEN ANY GUARANTOR AND THE ADMINISTRATIVE AGENT OR ANY LENDER, OR
ANY HOLDER OF SECURED OBLIGATIONS ARISING OUT OF, CONNECTED WITH, RELATED TO, OR
INCIDENTAL TO THE RELATIONSHIP ESTABLISHED BETWEEN THEM IN CONNECTION WITH THIS
GUARANTY, AND WHETHER ARISING IN CONTRACT, TORT, EQUITY, OR OTHERWISE, SHALL BE
RESOLVED IN ACCORDANCE WITH THE INTERNAL LAWS (INCLUDING, WITHOUT LIMITATION,
SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW BUT OTHERWISE WITHOUT REGARD TO
THE CONFLICTS OF LAWS PROVISIONS OR PRINCIPLES THEREOF) OF THE STATE OF NEW
YORK, BUT GIVING EFFECT TO FEDERAL LAWS APPLICABLE TO NATIONAL BANKS.

          SECTION 15. CONSENT TO JURISDICTION; VENUE; JURY TRIAL.

          (A) CONSENT TO JURISDICTION. EACH GUARANTOR HEREBY IRREVOCABLY SUBMITS
TO THE NON-EXCLUSIVE JURISDICTION OF ANY UNITED STATES FEDERAL OR NEW YORK STATE
COURT SITTING IN THE BOROUGH OF MANHATTAN IN NEW YORK, NEW YORK IN ANY ACTION OR
PROCEEDING ARISING OUT OF, RELATED TO OR CONNECTED WITH THIS GUARANTY OR ANY
OTHER INSTRUMENT, DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED IN CONNECTION
HEREWITH, AND EACH GUARANTOR HEREBY AGREES THAT ALL CLAIMS IN RESPECT OF SUCH
ACTION OR PROCEEDING MAY BE HEARD OR DETERMINED IN ANY SUCH COURT. ANY JUDICIAL
PROCEEDING BY ANY GUARANTOR AGAINST THE ADMINISTRATIVE AGENT, ANY LENDER OR ANY
HOLDER OF SECURED OBLIGATIONS OR ANY AFFILIATE OF THE ADMINISTRATIVE AGENT, ANY
LENDER OR ANY HOLDER OF SECURED OBLIGATIONS INVOLVING, DIRECTLY OR INDIRECTLY,
ANY MATTER IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH THIS
GUARANTY OR ANY OTHER INSTRUMENT, DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED IN
CONNECTION HEREWITH MAY BE BROUGHT IN A COURT IN THE BOROUGH OF MANHATTAN IN NEW
YORK, NEW YORK. NOTHING HEREIN SHALL LIMIT THE RIGHT OF THE ADMINISTRATIVE
AGENT, ANY LENDER OR ANY HOLDER OF SECURED OBLIGATIONS TO BRING PROCEEDINGS
AGAINST SUCH GUARANTOR OR LIMIT THE RIGHTS OF ANY GUARANTOR TO BRING PROCEEDINGS
AGAINST SUCH OTHER PARTY IN THE COURTS OF ANY OTHER JURISDICTION.

          (B) VENUE. EACH GUARANTOR IRREVOCABLY WAIVES ANY OBJECTION (INCLUDING,
WITHOUT LIMITATION, ANY OBJECTION OF THE LAYING OF VENUE OR BASED ON THE GROUNDS
OF FORUM NON CONVENIENS) WHICH IT MAY NOW OR HEREAFTER HAVE TO THE BRINGING OF
ANY SUCH ACTION OR PROCEEDING WITH RESPECT TO THIS AGREEMENT OR ANY OTHER
INSTRUMENT, DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED IN CONNECTION HEREWITH
IN ANY JURISDICTION SET FORTH

                                       11
<PAGE>

ABOVE.

          (C) WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO HEREBY WAIVES ANY
RIGHT TO HAVE A JURY PARTICIPATE IN RESOLVING ANY JUDICIAL PROCEEDING INVOLVING,
DIRECTLY OR INDIRECTLY, ANY MATTER (WHETHER SOUNDING IN CONTRACT, TORT, OR
OTHERWISE) IN ANY WAY ARISING OUT OF, RELATED TO OR CONNECTED WITH THE
RELATIONSHIP ESTABLISHED AMONG THEM IN CONNECTION WITH THIS GUARANTY OR ANY
OTHER INSTRUMENT, DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED IN CONNECTION
HEREWITH. EACH OF THE PARTIES HERETO AGREES AND CONSENTS THAT ANY SUCH CLAIM,
DEMAND, ACTION OR CAUSE OF ACTION SHALL BE DECIDED BY COURT TRIAL WITHOUT A JURY
AND THAT ANY PARTY HERETO MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS
GUARANTY WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF THE PARTIES HERETO
TO THE WAIVER OF THEIR RIGHT TO TRIAL BY JURY.

          (D) ADVICE OF COUNSEL. EACH OF THE PARTIES REPRESENTS TO EACH OTHER
PARTY HERETO THAT IT HAS DISCUSSED THIS GUARANTY AND, SPECIFICALLY, THE
PROVISIONS OF THIS SECTION 15, WITH ITS COUNSEL.

          SECTION 16. No Strict Construction. The parties hereto have
participated jointly in the negotiation and drafting of this Guaranty. In the
event an ambiguity or question of intent or interpretation arises, this Guaranty
shall be construed as if drafted jointly by the parties hereto and no
presumption or burden of proof shall arise favoring or disfavoring any party by
virtue of the authorship of any provisions of this Guaranty.

          SECTION 17. Taxes, Expenses of Enforcement, Etc.

          (a) Taxes. Each Guarantor agrees to be bound by the terms and
     provisions of Section 3.5 of the Credit Agreement (including, without
     limitation, the promises made and the obligations accepted by the Borrower
     therein), as if each reference in such Section (i) to a "Borrower" were a
     reference to such Guarantor, (ii) to the Credit Agreement (including any
     reference to "this Agreement", "hereunder", "hereof", "herein" or words of
     like import referring thereto) were a reference to this Guaranty, and (iii)
     to any "Lender" or the "Lenders" were a reference to any "Holder of Secured
     Obligations" or the "Holders of Secured Obligations".

          (b) Expenses of Enforcement, Etc. During the continuation of an Event
     of Default under the Credit Agreement, the Required Lenders shall have the
     right at any time to direct the Administrative Agent or, in accordance with
     the Intercreditor Agreement, the Collateral Agent to commence enforcement
     proceedings with respect to the Guaranteed Obligations. The Guarantors
     agree to reimburse the Administrative Agent, the Collateral Agent and the
     Holders of Secured Obligations for any reasonable out-of-pocket costs and
     expenses (including reasonable out-of-pocket attorneys' fees)

                                       12
<PAGE>

     paid or incurred by the Administrative Agent, the Collateral Agent or any
     Holders of Secured Obligations in connection with the collection and
     enforcement of amounts due under the Loan Documents, including without
     limitation this Guaranty. Each of the Collateral Agent and the
     Administrative Agent agrees to distribute payments received from any of the
     Guarantors hereunder in accordance with the terms of the Credit Agreement
     and the Intercreditor Agreement.

          SECTION 18. Setoff. Subject to the terms of the Intercreditor
Agreement, at any time after all or any part of the Guaranteed Obligations have
become due and payable (by acceleration or otherwise), each Holder of Secured
Obligations and the Administrative Agent may, without notice to any Guarantor
and regardless of the acceptance of any security or collateral for the payment
hereof, appropriate and apply toward the payment of all or any part of the
Guaranteed Obligations (i) any indebtedness due or to become due from such
Holder of Secured Obligations or the Administrative Agent to any Guarantor, and
(ii) any monies, credits or other property belonging to any Guarantor, at any
time held by or coming into the possession of such Holder of Secured Obligations
or the Administrative Agent or any of their respective affiliates.

          SECTION 19. Financial Information. Each Guarantor hereby assumes
responsibility for keeping itself informed of the financial condition of the
Borrower and any and all endorsers and/or other Guarantors of all or any part of
the Guaranteed Obligations, and of all other circumstances bearing upon the risk
of nonpayment of the Guaranteed Obligations, or any part thereof, that diligent
inquiry would reveal, and each Guarantor hereby agrees that none of the Holders
of Secured Obligations or the Administrative Agent shall have any duty to advise
such Guarantor of information known to any of them regarding such condition or
any such circumstances. In the event any Holder of Secured Obligations or the
Administrative Agent, in its sole discretion, undertakes at any time or from
time to time to provide any such information to a Guarantor, such Holder of
Secured Obligations or the Administrative Agent shall be under no obligation (i)
to undertake any investigation not a part of its regular business routine, (ii)
to disclose any information which such Holder of Secured Obligations or the
Administrative Agent, pursuant to accepted or reasonable commercial finance or
banking practices, wishes to maintain confidential or (iii) to make any other or
future disclosures of such information or any other information to such
Guarantor.

          SECTION 20. Severability. Wherever possible, each provision of this
Guaranty shall be interpreted in such manner as to be effective and valid under
applicable law, but if any provision of this Guaranty shall be prohibited by or
invalid under such law, such provision shall be ineffective to the extent of
such prohibition or invalidity without invalidating the remainder of such
provision or the remaining provisions of this Guaranty.

          SECTION 21. Merger. This Guaranty represents the final agreement of
each of the Guarantors with respect to the matters contained herein and may not
be contradicted by evidence of prior or contemporaneous agreements, or
subsequent oral agreements, between any Guarantor and any Holder of Secured
Obligations, the Administrative Agent or the Collateral Agent.

          SECTION 22. Headings. Section headings in this Guaranty are for
convenience of reference only and shall not govern the interpretation of any
provision of this Guaranty.

                                       13
<PAGE>

          SECTION 23. Counterparts. This Guaranty may be executed in any number
of counterparts and by different parties hereto on separate counterparts, each
constituting an original, but all together one and the same instrument. SECTION
24. Termination or Release.

          (a) This Guaranty and the guarantees made herein shall terminate when
all the Guaranteed Obligations have been paid in full (other than obligations to
pay fees and expenses with respect to which the Borrower has not yet received an
invoice, Rate Management Obligations, contingent indemnity obligations and other
contingent obligations) and the Lenders have no further commitment to lend under
the Credit Agreement, the LC Obligations have been reduced to zero and the LC
Issuer has no further obligations to issue Facility LCs under the Credit
Agreement.

          (b) A Guarantor shall automatically be released from its obligations
hereunder upon the consummation of any transaction permitted by the Loan
Documents as a result of which such Guarantor ceases to be a Subsidiary of the
Borrower.

          (c) In connection with any termination or release pursuant to
paragraph (a) or (b), the Administrative Agent shall execute and deliver to any
Guarantor, at such Guarantor's expense, all documents that such Guarantor shall
reasonably request to evidence such termination or release.

          SECTION 25. Guaranty Enforceable by the Collateral Agent.
Notwithstanding anything to the contrary contained elsewhere in this Guaranty,
the Administrative Agent and the Holders of Secured Obligations acknowledge and
agree (by their acceptance of the benefits of this Guaranty) that this Guaranty
may be enforced only by the action of the Collateral Agent, in each case acting
upon the instructions of the Instructing Group (as defined in the Intercreditor
Agreement) and that neither the Administrative Agent nor any Holder of Secured
Obligations shall have any right individually to enforce this Guaranty or to
realize upon the security to be granted by the Collateral Documents, it being
understood and agreed that such rights and remedies may be exercised by the
Collateral Agent for the benefit of the Administrative Agent and the Holders of
Secured Obligations upon the terms of this Guaranty and the Collateral
Documents; provided, however, that all proceeds of such enforcement or
realization shall be applied as among the Guaranteed Obligations in the manner
provided in the Intercreditor Agreement.

          SECTION 26. Payments by Guarantors. Any term or provision of this
Guaranty to the contrary notwithstanding, the maximum aggregate amount of the
Secured Obligations guaranteed hereunder by any Guarantor shall not exceed the
maximum amount that can be hereby guaranteed without rendering this Guaranty, as
it relates to such Guarantor, voidable under applicable law relating to
fraudulent conveyance or fraudulent transfer or similar laws affecting the
rights of creditors generally.

                                       14
<PAGE>

               IN WITNESS WHEREOF, the Initial Guarantors have caused this
Guaranty to be duly executed by its authorized officer as of the day and year
first above written.

                                 CCR of Ohio, Inc.
                                 Comfort Care Holdings CO.
                                 Complete Plumbing Services, Inc.
                                 Consolidated HVAC, Inc.
                                 Jet Resource, Inc.
                                 Nurotoco of Massachusetts, Inc.
                                 Nurotoco of New Jersey, Inc.
                                 R.R. UK, Inc.
                                 Roto-Rooter Corporation
                                 Roto-Rooter Development Company
                                 Roto-Rooter Management Company
                                 Roto-Rooter Services Company
                                 R.R. Plumbing Services Corporation
                                 Service America Network, Inc.

                                 By:  /s/ Naomi C. Dallob
                                      -----------------------------
                                      Name: Naomi C. Dallob
                                      Title: Secretary

                                 Hospice Care Incorporated
                                 Hospice, Inc.
                                 Vitas Healthcare Corporation
                                 Vitas Healthcare Corporation of California
                                 Vitas Healthcare Corporation of Central Florida
                                 Vitas Healthcare Corporation of Florida
                                 Vitas Healthcare Corporation of Illinois
                                 Vitas Healthcare Corporation of Ohio
                                 Vitas Healthcare Corporation of Pennsylvania
                                 Vitas Healthcare Corporation of Wisconsin
                                 Vitas HME Solutions, Inc.
                                 Vitas Holdings Corporation
                                 Vitas Hospice Services, L.L.C.

                                 By:  /s/ Timothy S. O'Toole
                                      -----------------------------
                                      Name: Timothy S. O'Toole
                                      Title: President

                                 Vitas Healthcare of Texas, L.P.

                                 By:   Vitas Hospice Services, L.L.C.,
                                       its General Partner

                                 By:  /s/ Timothy S. O'Toole
                                      -----------------------------
                                      Name: Timothy S. O'Toole
                                      Title: President

<PAGE>

Acknowledged and Agreed
as of February 24, 2004

BANK ONE, NA (MAIN OFFICE CHICAGO),
as Administrative Agent

By: /s/ Thomas J. Reinhold
    ---------------------------
    Name:  Thomas J. Reinhold
    Title: Vice President

<PAGE>

Annex I
                          ANNEX I TO GUARANTY AGREEMENT

          Reference is hereby made to the Guaranty Agreement (as the same may be
amended, restated, supplemented or otherwise modified from time to time, the
"Guaranty"), dated as of February 24, 2004, made by certain Subsidiaries of
Roto-Rooter, Inc. (each an "Initial Guarantor", and together with any additional
Subsidiaries which become parties to the Guaranty by executing a Supplement
thereto substantially similar in form and substance hereto, the "Guarantors"),
in favor of the Administrative Agent, for the ratable benefit of the Holders of
Secured Obligations, under the Credit Agreement. Each capitalized term used
herein and not defined herein shall have the meaning given to it in the
Guaranty. By its execution below, the undersigned, [NAME OF NEW GUARANTOR], a
[corporation] [partnership] [limited liability company], agrees to become, and
does hereby become, a Guarantor under the Guaranty and agrees to be bound by
such Guaranty as if originally a party thereto. By its execution below, the
undersigned represents and warrants as to itself that all of the representations
and warranties contained in Section 2 of the Guaranty are true and correct in
all respects as of the date hereof.

          IN WITNESS WHEREOF, [NAME OF NEW GUARANTOR], a [corporation]
[partnership] [limited liability company] has executed and delivered this Annex
I counterpart to the Guaranty as of this __________ day of _________, ____.

                                      [NAME OF NEW GUARANTOR]

                                      By:____________________________________
                                         Name:
                                         Title:

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