Document:

SUPPLY AGREEMENT

 

SUPPLY AGREEMENT (this
“Agreement”) dated as of October 17, 2012 by and between [NAME OF BOLDFACE ENTITY] a Nevada corporation
(“Client”) and STAR FUNDING, INC., a New York corporation (“Supplier”)

 

WITNESSETH:

 

WHEREAS, Client engages
in the business of manufacturing and selling cosmetics and related products (collectively, together with any other goods Supplier
may supply or provide financial accommodations for hereunder, “Goods”); that have been assembled prior
to their acquisition by Client (“Pre-Assembled Goods”) and apparel and related products that have been assembled
by Client (“Client-Assembled Goods”) and

 

WHEREAS, Supplier is
willing, on the terms and subject to the conditions hereinafter set forth, to supply Goods to Client or provide financial accommodations
to Client to enable it to purchase Goods;

 

NOW THEREFORE, in consideration of the premises
and the mutual covenants contained herein, the parties hereby agree as follows:

 

§ 1.  Accommodations
Offered by Supplier.  

 

(a)          On
the terms and subject to the conditions set forth herein, Supplier may from time to time, at Client’s request but at Supplier’s
sole discretion, take any one or more of the following actions (each, an “Accommodation”):

 

(i)  arrange
to purchase Goods from such vendors as Client may recommend that are satisfactory to Supplier (the “Sellers”)
and supply such Goods to Client against payment by Client on an open account basis;

 

(ii) cause one or
more financial institutions (“Issuers”) to issue letters of credit (“Supplier Letters of
Credit”) for its account in favor of one or more Sellers to support Supplier’s or Client’s payment obligations
for Goods purchased from such Sellers;

 

(iii) make advances to
Client in such amounts and on such terms as Supplier may determine in its sole discretion, for the purpose of financing Client’s
acquisition of Goods and payment of the related Transaction Costs (as defined below); or

 

(iv)  arrange
to purchase from one or more financial institutions designated by Client (“Document Lenders”) documents
covering Goods ordered by Client (“Documents”) and sell such Documents and the Goods they cover to Client
against payment by Client on an open account basis.

 

Supply Agreement (518 Apparel Group) (10508204)

 

    	 

    	 

    

 

(b)          Client
intends to sell Goods supplied or financed by Supplier to Client’s customers (“Customers”) pursuant
to written orders from the Customers (“Customer Orders”).

 

§ 2. Procedure
for Requesting Accommodations.

 

(a)          Transaction
Requests. If Client proposes to request that Supplier arrange to supply or finance the purchase of any Goods, Client shall:
(i) notify Supplier of the proposed transaction (the “Transaction”) in writing; and (ii) furnish to Supplier:
(A) a copy of the purchase order(s) proposed to be entered into by and between the Seller and Supplier or Client for the purchase
of the Goods (the “Supplier Order(s)”); (B) copies of the corresponding Customer Orders that Client proposes
to fill using the Goods (all of which shall be subject to confirmation by Supplier and shall allow for partial shipment and/or
fulfillment if the Goods necessary to fill them are to be provided by more than one Seller), accompanied by such assignments (the
“Assignments”) as Supplier may require and remittance in full of any deposits made by Customers in connection
with such Customer Orders; (C) originals of any letters of credit supporting the Customer Orders (“Customer Letters
of Credit”), which letters of credit must be issued or confirmed by domestic banks acceptable to Supplier, must be
payable in U.S. Dollars at the New York counters of such domestic banks, and must be in form, substance and amount satisfactory
to Supplier, together with evidence satisfactory to Supplier that such letters of credit have been amended as requested by Supplier
in its sole discretion and have been transferred or assigned to Supplier, (D) a copy of any factoring agreement to which Client
is party, which factoring agreement (the “Factoring Agreement”) shall be with a factor that is acceptable
to Supplier (the “Factor”) and shall be in form and substance satisfactory to Supplier, together with
an intercreditor agreement duly executed by Client and the Factor in form and substance satisfactory to Supplier (an “Intercreditor
Agreement”), and evidence satisfactory to Supplier that the Factor has assumed all the credit risk with respect to
the accounts receivable arising from the sale of the Goods or that such accounts receivable are supported by Customer Letters of
Credit or other supporting obligations that are satisfactory to Supplier; (E) evidence satisfactory to Supplier that all filings
and registrations (including without limitation UCC-1 Financing Statements, security agreements, chattel mortgages and claims of
lien) necessary to perfect Supplier’s lien on and security interest in the Goods, any Customer Letters of Credit or other
supporting obligations, all accounts receivable arising from the sale of the Goods, and Client’s rights under factoring agreements,
and ensure that such lien and security interest continue to be the first and senior lien and security interest in such Goods (subject
to any intercreditor agreement Supplier may execute) have been made in all public records Supplier deems necessary or appropriate;
(F) a budget itemizing all costs related to such request (“Transaction Costs”) (including but not limited
to: the invoice price of the Goods; shipping costs; freight costs; handling costs, insurance costs; customs and duties; taxes,
storage charges; packaging costs; additional overhead costs and expenses; royalty payments, if any; and any other costs that may
be incurred in connection with the sale of the Goods) and setting forth the estimated time to deliver the Goods to the Customer
and the sale price of the Goods; (E) a detailed description of each freight forwarder, shipping company, customs broker, warehouse
and other person or entity that will provide services relating to the shipping or storage of the Goods (each, a “Logistics
Company”), together with a description of the shipping and storage arrangements in detail satisfactory to Supplier
(the “Delivery Arrangements”) and triparty agreements in form and substance satisfactory to Supplier
(“Triparty Agreements”), duly executed by each Logistics Company, (F) all documents specified on Exhibit
“A” annexed hereto and incorporated herein by reference (other than documents that have been waived by Supplier), and
(G) such other documents as Supplier may require in its sole discretion (all of the foregoing documents herein collectively called
the “Transaction Documents”). Supplier shall in no event consider supplying or financing the acquisition
of Goods in a Transaction that (i) requires Supplier or Client to make any payment to a Seller (whether directly, under a letter
of credit or otherwise) before the Goods are finished and ready for shipment, (ii) requires Supplier to incur an obligation (whether
absolute or contingent) to purchase such Goods or any exposure with respect to such purchase (whether by placing a purchase order,
by issuing or causing the issuance of a letter of credit other than a Special Clause L/C, by allowing payment under a Special Clause
L/C, by making an advance, or for any other reason) unless the Goods have been pre-sold to Customers that have been credit-approved
by the Factor, (iii) involves Goods that are not segregated from Goods of Client that are not supplied or financed by Supplier
in a manner satisfactory to Supplier, or identified to Supplier’s satisfaction as being the property of, or subject to a
first lien in favor of, Supplier, or (iv) would cause the Supplier Exposure to exceed the amount specified in the proviso to Section
1(a).

 

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(b)          Supplier’s
Discretion. Client agrees that Supplier is not and shall not be obligated to purchase or finance Goods or take any other
action requested by Client pursuant to this Section, and acknowledges that Supplier may reject any such request for any reason
(or no reason) in its sole discretion.

 

(c)          Accounts.
Client shall provide such documents and take such action as Supplier may require from time to time to ensure that Client has the
unconditional and irrevocable right to assign each Customer Order and the related Account (as hereinafter defined), including the
right to receive all payments in connection therewith, to Supplier. Client hereby grants to Supplier the right and authorizes Supplier
(but agrees that Supplier shall have no obligation) to ship all Goods supplied or financed by it directly to the Customer, invoice
the sale of the Goods to the Customer and assign the Accounts arising therefrom to Factor on behalf of Client and in Client’s
name. Client further agrees that such Accounts may be reassigned by any assignee. For the purposes of this Agreement, the term
“Accounts” shall mean and include all accounts and all other obligations of Customers arising out of
the sale and delivery of Goods pursuant to a Customer Order. All Accounts related to the Goods (and all invoices and other instruments
and documents relating to such Accounts) shall (i) state that all payments in respect of the Accounts are to be made directly to
(x) Supplier (in accordance with instructions to be provided by Supplier to Client and printed, stamped or otherwise indicated
on the related invoices) if Client is not party to a Factoring Agreement or (y) to Factor, if Client is party to a Factoring Agreement,
and (ii) if Supplier so requires, be covered by one or more policies in form and substance, and in amounts, that are satisfactory
to Supplier, issued by insurance companies that are acceptable to Supplier.

 

(d)          Related
Costs and Expenses. If all the Transaction Documents relating to a contemplated Transaction are in form and substance acceptable
to Supplier in its sole discretion, Client may request Supplier to provide an Accommodation and Supplier may, in its sole discretion,
do so if it is satisfied with all other matters relating to such Transaction. At Supplier’s option, Supplier in its sole
discretion may pay any Transaction Costs relating to such Transaction. Any amounts paid by Supplier in respect of the purchase
price of the Goods, Transaction Costs and any and all other charges or expenses including, but not limited to any and all filing
fees, costs of collection, legal fees, royalty payments and any and all other expenses, charges and fees incurred by Supplier to
protect its title or interest in and to the Goods, any and all charges, commissions, fees, costs and expenses provided for in this
Agreement and in any of the other Supplier Documents (as defined below) shall be paid to Supplier by Client upon demand.

 

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(e)          No
Assumption of Obligations. Client confirms and acknowledges that, notwithstanding anything to the contrary contained in
this Agreement or any other document, Supplier has not assumed and will not assume or be or become liable for any of the obligations
of Client to any Customer, Seller, Logistics Company, factor, credit insurance issuer or other person or entity, under any Transaction
Document or otherwise, and Client shall remain fully liable for the performance of all such obligations. The assignment herein
of the Customer Orders is executed only as security for the obligations of Client to Supplier; the execution and delivery of this
Agreement shall not subject Supplier to, or in any way affect or modify the liability of Client under, any Customer Orders.

 

(f)          Title
to Goods. Client acknowledges and agrees that Supplier shall hold good and marketable title to all Goods purchased or financed
pursuant to Sections 1(a)(i), 1(a)(ii), 1(a)(iii) or 1(a)(iv) by Supplier from a Seller at Client’s request or covered by
Documents purchased by Supplier from a Document Lender at Client’s request, free and clear of any liens, encumbrances, claims
and adverse interests of Client or any person or entity claiming through Client, other than, in the case of Goods owned by Client
and financed by Supplier hereunder, liens securing the promissory notes described in Exhibit B hereto, which liens shall be subordinated
at all times to the liens and security interests of Supplier therein on terms and conditions satisfactory to Supplier (“Permitted
Liens”). Client hereby expressly waives and releases, and expressly agrees that it will defend Supplier’s interest
in the Goods and it will not assert, or permit any other person or entity to assert, any liens, encumbrances, claims or adverse
interests in any Goods, other than the Permitted Liens.

 

(g)          Delivery
Arrangements. No Goods shall be shipped unless Supplier is satisfied with the Delivery Arrangements and approves them in
writing. Unless Supplier otherwise directs in its sole discretion, the Delivery Arrangements shall provide that all Goods purchased
or financed hereunder shall be handled by Logistics Companies that are acceptable to Supplier in its sole discretion and have executed
and delivered Triparty Agreements and shall be shipped (at Supplier’s option in its sole discretion) directly to Client,
Customer, Supplier, or a warehouse that is acceptable to Supplier. Supplier shall have no obligation to use, and Client shall not
use, any Logistics Company that has not been approved in writing by Supplier.

 

(h)          Shipping
Location and Charges.

 

(i)          Supplier
retains the right at any and all times to ship Goods purchased or financed by it hereunder to any location designated by Supplier,
and Client hereby agrees to accept the Goods at such location. Without limiting the generality of the foregoing, Supplier may ship
the Goods directly to the Customer in Client’s name or its own name.

 

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(ii)         Client
shall pay all shipping charges related to the Transactions. At Supplier’s option, Client shall pay the shipping charges by:
(a) prepaying such charges and providing evidence of same to Supplier; or (b) paying to Supplier, upon the execution and delivery
of this Agreement and on Supplier’s demand from time to time thereafter, an amount sufficient in Supplier’s judgment
to cover shipping charges relating to a request by Client for Goods, to be held in escrow by Supplier for payment against the shipping
invoices; or (c) paying Supplier upon Supplier’s demand.

 

(i)          Invoices.
Client shall issue, at Supplier’s request and at Supplier’s option as Supplier’s agent, invoices pursuant to
the Customer Orders in such form as Supplier may in its sole discretion direct.

 

(j)          Supplier
Letters of Credit. Client hereby agrees to reimburse Supplier immediately upon demand for any payment (including without
limitation in respect of reimbursement, fees and charges) made or required to be made by Supplier to an Issuer in respect of a
Supplier Letter of Credit issued by it. The obligation of Client to reimburse Supplier for payments under or in respect of Supplier
Letters of Credit shall be unconditional and irrevocable and shall be paid under all circumstances including without limitation
any of the following circumstances: (i) any lack of validity or enforceability of any Supplier Letter of Credit; (ii) the existence
of any claim, set-off, defense or other right which Client or Supplier may have at any time against a beneficiary or any transferee
of any Supplier Letter of Credit (or any person or entity for whom any such transferee may be acting), or any other person or entity;
(iii) any draft or other document presented under any Supplier Letter of Credit proving to be forged, fraudulent, invalid or insufficient
in any respect or any statement therein being untrue or inaccurate in any respect; (iv) payment by the applicable Issuer under
any Supplier Letter of Credit against presentation of a draft or other document which does not substantially comply with the terms
of such Supplier Letter of Credit; (v) any adverse change in the business, operations, properties, assets, condition (financial
or otherwise) or prospects of Client; (vi) any breach of this Agreement or any related instrument or document by any party thereto;
or (vii) any other circumstance or happening whatsoever, whether or not similar to any of the foregoing. As between Client and
Supplier, Client assumes all risks of the acts and omissions of, or misuse of any Supplier Letters of Credit by the respective
beneficiaries of such Supplier Letters of Credit. In furtherance and not in limitation of the foregoing, Supplier shall not be
responsible for: (i) the form, validity, sufficiency, accuracy, genuineness or legal effect of any document submitted by any party
in connection with the application for and issuance of any such Supplier Letter of Credit, even if it should in fact prove to be
in any or all respects invalid, insufficient, inaccurate, fraudulent or forged; (ii) the validity or sufficiency of any instrument
transferring or assigning or purporting to transfer or assign any such Supplier Letter of Credit or the rights or benefits thereunder
or proceeds thereof, in whole or in part, which may prove to be invalid or ineffective for any reason; (iii) failure of the beneficiary
of any such Supplier Letter of Credit to comply fully with any conditions required in order to draw upon such Supplier Letter of
Credit; (iv) errors, omissions, interruptions or delays in transmission or delivery of any messages, by mail, cable, telegraph,
telex or otherwise, whether or not they be in cipher; (v) errors in interpretation of technical terms; (vi) any loss or delay in
the transmission or otherwise of any document required in order to make a drawing under any such Supplier Letter of Credit or of
the proceeds thereof; (vii) the misapplication by the beneficiary of any such Supplier Letter of Credit of the proceeds of any
drawing under such Supplier Letter of Credit; or (viii) any consequences arising from causes beyond the control of Supplier, and
none of the above shall affect or impair, or prevent the vesting of, any of Supplier’s rights or powers hereunder.

 

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§ 3. Inspection
of Goods. Supplier, in its sole discretion, may arrange for a pre-shipment inspection of the Goods by an inspection company
of its choice, or require Client to cause the Goods to be inspected by an independent quality control agency chosen by Client and
approved by Supplier before Supplier pays for such Goods or for the Documents that cover such Goods or makes an advance or permits
a drawing under a Supplier Letter of Credit that allows Client to pay for such Goods or related Documents. Supplier may consider
waiving the requirement of an independent pre-shipment inspection of Goods by a third party if the Customer with respect to such
Goods (i) nominates an independent inspector satisfactory to Supplier, in its sole discretion, or (ii) takes responsibility in
writing for inspecting such Goods. A representative of Supplier or any individual designated by Supplier shall have access to inspect
all Goods purchased or financed by Supplier hereunder at any and all times until they are delivered to Customer. Client shall pay
all costs and fees incurred by Supplier in connection with the inspection and examination of such Goods immediately upon demand
by Supplier.

 

§ 4.  Purchase Price,
Fees and Charges.

 

(a)          Purchase
Price. In the event that Client requests that Supplier purchase or finance Goods pursuant to the terms hereunder, Client
shall purchase such Goods from Supplier for a purchase price (or other compensation pursuant to this Section 4(a)) (collectively,
the “Purchase Price”) equal to the sum (without duplication) of (i) the total amount paid or to be paid
by Supplier to Seller for the Goods, or the total amount paid or to be paid by Supplier to a Document Lender for Documents covering
the Goods, plus (ii) the aggregate amount of Supplier’s obligations, whether absolute or contingent, under or in respect
of any related Supplier Letters of Credit, plus (iii) all related Transaction Costs, bank fees and charges and inspection costs,
plus (iv) all other amounts advanced by Supplier to Client or to a third party for Client’s benefit, plus (v) all other charges,
costs, fees and expenses provided for in this Agreement (the sum of the amounts specified in clauses (i), (ii), (iii), (iv), and
(v) above being herein referred to as the “Expenses”), plus (vi) the Margin. For this purpose, the term
“Margin” means (x) with respect to each request by Client for Supplier to supply components to be used
in assembling any Client-Assembled Goods under this Agreement for resale as such, an amount equal to 5.00% of the total
amount of such Expenses for each 30-day period (or portion thereof) commencing on the earliest Supplier Acquisition Date (as defined
below) with respect to such Goods until the date on which all of such Expenses have been paid in full in cash under this Agreement;
provided, however, that if the aggregate amount of Expenses paid by us during any Contract Year (as defined below) exceeds
$5,000,000 in the aggregate, the Margin for that portion of the Expenses that exceeds $5,000,000 shall be reduced to 4.50% and
(y) with respect to each request by Client for Supplier to supply Pre-Assembled Goods under this Agreement for resale as
such, an amount equal to the sum of (A) 2.00% of the total amount of such Expenses for the 30-day period (or portion thereof) (the
“Initial Period”) commencing on the earliest Supplier Acquisition Date (as defined below) with respect
to such Goods, plus (B) 1.00% of the aggregate outstanding principal amount of such Expenses for each subsequent 15-day period
(or portion thereof) (each “Subsequent Period”) until the date on which all of such Expenses have been
paid in full in cash under this Agreement; provided however, if the aggregate amount of Expenses paid by us during any Contract
Year exceeds $5,000,000 in the aggregate, the Margin for that portion of the Expenses that exceeds $5,000,000 shall be reduced
to 1.75% for the Initial Period and .875% for each Subsequent Period. For purposes of this Agreement, (a) the term “Supplier
Acquisition Date” means, with respect to any Goods, the date on which Supplier first incurs an obligation (whether
absolute or contingent) to purchase such Goods or any exposure with respect to such purchase (whether by placing a purchase order,
by issuing or causing the issuance of a letter of credit, by making an advance, or for any other reason) and (b) the term “Contract
Year” means each twelve-month period commencing on the date of this Agreement or any anniversary thereof.
The Purchase Price, and all other obligations of Client to Supplier, shall be paid by Client to Supplier immediately upon demand.

 

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(b)          Letter
of Credit Fees. In the event that Supplier obtains a Supplier Letter of Credit, Client shall pay to Supplier (i) a fee
equal to 0.25% of the face amount of such Supplier Letter of Credit for each 60-day period (or portion thereof) such Supplier Letter
of Credit remains outstanding, (ii) a fee equal to 0.25% of the face amount of such Supplier Letter of Credit, payable on any date
on which it is renewed, extended or cancelled, (iii) a fee equal to 0.25% of the face amount of each draft presented under such
Supplier Letter of Credit, payable on the date such draft is presented to the Issuer thereof, and (iv) any additional fees, charges,
costs, expenses or other amounts charged by the Issuer thereof.

 

(c)          Maximum
Amount. Notwithstanding any provision to the contrary contained herein, if a court of competent jurisdiction should deem
any portion of the Purchase Price or any commissions, costs, fees or charges provided for in this Agreement to be interest and
such interest is deemed by such court to be in excess of the maximum contract rate permitted by the applicable usury law, the provisions
of this subsection (e) shall govern and control and neither Client nor Guarantor (as hereinafter defined) shall be liable to pay
the amount of such interest to the extent that it is in excess of the maximum interest rate permitted by law, any such excess which
may have been received by Supplier shall be either applied against the then unpaid obligations of Client to Supplier (other than
any such obligations that are deemed to be excessive interest as aforesaid) or at Supplier’s option refunded to Client, and
any portion of the Purchase Price or any commissions, costs, fees or charges deemed to be interest by such court shall be automatically
reduced to the maximum interest rate allowed by law.

 

§ 5.
Sale of Goods. Client shall deliver Goods to each Customer in accordance with (i) its customary business
practice; (ii) the terms and conditions of the relevant Customer Order; (iii) the terms and conditions of any Triparty
Agreement; and (iv) the terms and conditions of this Agreement. In the event that Supplier delivers or arranges for the
delivery of Goods directly to a Customer, then simultaneously with such delivery Supplier shall, under the following terms
and conditions, sell such Goods to Client to allow Client to deliver the Goods pursuant to the Customer Order.

 

(a)          Accounts.
Client represents and warrants with respect to all Accounts that (A) each such Account will: (i) cover a bona fide sale and delivery
of merchandise usually dealt in or sold by Client or the rendition of services to customers in the ordinary course of Client’s
business; (ii) cover merchandise or services which have been received and will be accepted by the respective Customer without dispute
or claim of any kind or nature; (iii) not represent a consignment, “guaranteed return” or other type of conditional
sale; (iv) be for a liquidated amount maturing as stated in the respective invoice covering said sale and Client’s assignment
thereof to Supplier or Factor; (v) be absolutely enforceable against the respective Customer free and clear of any condition, offset,
deduction, counterclaim, lien or encumbrance except Permitted Liens and liens in favor of Factor; and (B) at the time of assignment
of each such Account Client shall not be aware of anything detrimental to the relevant Customer’s credit. Client hereby represents
that it will not re-date any sale or invoice without Supplier’s prior written approval.

 

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(b)          Supplier
Payments. Except as otherwise provided in the Factoring Agreement, if any, Client will cause each Customer to pay all amounts
generated from all Accounts directly to Supplier. Any payment to which Supplier is entitled with respect to any sale of Goods is
herein referred to as a “Supplier Payment”.

 

(c)          Supplier’s
Property. Except as otherwise provided in the Factoring Agreement, if any, all Accounts shall remain the sole property
of Supplier unless and until all Supplier Payments have been paid in full to Supplier.

 

(d)          Turnover
of Payments; Deficiency Except as otherwise provided in the Factoring Agreement, if any, any amount received by Client
in connection with the sale of Goods shall be immediately turned over to Supplier in the form received and paid directly to Supplier.
Client shall not factor, assign or grant any security interest in any accounts receivable to any person or entity other than Star
Funding, Inc., unless (i) Client shall have obtained the prior written consent of Supplier and (ii) Client shall have delivered
to Supplier an intercreditor agreement in form and substance satisfactory to Supplier, duly executed by Client and such person
or entity. Client hereby expressly grants Supplier the right to set off any amount owed by Client to Supplier against any amount
otherwise due Client under this Agreement or otherwise, and Client shall remain liable to Supplier at all times for any deficiency
with respect thereto. If for any reason Supplier does not receive an amount in connection with the sale of Goods sufficient to
reimburse or pay Supplier in full for all amounts owing under this Agreement or any other Supplier Document, Client shall pay to
Supplier on demand the amount of any deficiency.

 

(e)          Sale
to Customer. Provided all of the foregoing terms and conditions are satisfied with respect to any shipment of Goods and
Client provides Supplier with (i) a copy of the invoice to Customer acceptable to Supplier in its sole discretion, (ii) proof of
assignment of the Accounts to Supplier (or Factor, if the Accounts are being factored under the Factoring Agreement) satisfactory
to Supplier in its sole discretion, (iii) receipt of the shipping documents evidencing the shipment of the Goods to the Customer
satisfactory to Supplier in its sole discretion, (iv) if required by Supplier in its sole discretion, an inspection certification
by Customer’s representative stating that the Goods meet the specifications of the Customer Order, and (v) any and all other
documents Supplier in its sole discretion may request, Supplier shall simultaneously therewith sell the Goods to Client. In order
to ensure Client’s compliance with this Section a representative of Supplier may be present when the Goods are shipped to
the Customer.

 

§ 6.  Application
of Payments. All payments received by Supplier with respect to any Transaction will be applied by Supplier to the payment
in full of Client’s obligations to it hereunder in such order and manner as it may determine in its sole discretion. So long
as no event of default shall have occurred and be continuing, any amounts remaining after such payment in full shall be remitted
to Client or as required by a court of competent jurisdiction.

 

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§ 7.  Custody
of Goods; Security Interest.

 

(a)          Custody.
At all times during which a Logistics Company has possession of or control over Goods and until such Goods are sold to Client pursuant
to § 5, Client shall cause the Logistics Company to (i) hold such Goods as the bailee and agent of Supplier; (ii) segregate
such Goods from any other goods owned by Client or any other person; (iii) clearly and conspicuously mark or otherwise identify
such Goods as owned by Supplier; (iv) issue warehouse receipts and other documents, in form and substance satisfactory to Supplier,
showing Supplier’s ownership of such Goods; and (v) exercise prudent care in holding such Goods. Client shall remain solely
liable for all warehousing, processing and manufacturing charges and shall provide Supplier with proof of payment of such charges
within three (3) days before the date payment is due. Client shall also (A) procure and maintain, at its own expense, adequate
insurance covering such Goods, naming Supplier as additional insured and loss payee and (B) maintain a perpetual inventory of such
Goods, which shall be subject to examination and verification by Supplier at any time.

 

(b)          Security
Interest. As collateral security for all of Client’s indebtedness and obligations to Supplier, whether matured or
unmatured, absolute or contingent, now existing or hereafter arising (including, without limitation, under indemnity or reimbursement
agreements or by subrogation), and howsoever acquired by Supplier, whether arising directly between Client and Supplier or acquired
by Supplier by assignment, including, without limitation, all obligations of Client to Supplier hereunder and under all other Supplier
Documents, Client hereby irrevocably assigns and transfers to Supplier, and grants Supplier a security interest in, all of Client’s
personal property and fixtures, whether now owned or hereafter acquired, whether now existing or hereafter created, and wherever
located, including without limitation all of Client’s rights, title and interests in and to the following types of property:
(i) accounts; (ii) cash and currency; (iii) chattel paper; (iv) contracts and contract rights, including without limitation all
rights, title and interests in, to and under any and all factoring agreements, including without limitation the Factoring Agreement,
(v) registered United States copyrights, all registrations and recordings thereof, and all applications in connection therewith
(including, without limitation, registrations, recordings and applications in the United States Copyright Office), all renewals
thereof and all licenses with respect thereto, (vi) deposit accounts; (vii) documents; (viii) equipment; (ix) financial assets;
(x) fixtures; (xi) general intangibles; (xii) goods; (xiii) instruments; (xiv) inventory; (xv) investment property; (xvi) letter-of-credit
rights; (xvii) letters patent of the United States or any other country and all reissues and extensions thereof, applications for
letters patent of the United States or any other country and all divisions, continuations and continuations-in-part thereof, and
agreements, whether written or oral, providing for the grant by or to you of any right to manufacture, use or sell any invention
covered by a letter patent; (xviii) securities accounts and securities entitlements; (xix) software; (xx) supporting obligations;
(xxi) trademarks, trade names, corporate names, company names, business names, fictitious business names, trade styles, service
marks, logos and other source or business identifiers, and the goodwill associated therewith, now existing or hereafter adopted
or acquired, all registrations and recordings thereof, and all applications in connection therewith, whether in the United States
Patent and Trademark Office or in any similar office or agency of the United States, any state thereof or any other country or
any political subdivision thereof, or otherwise, all renewals thereof, and all agreements, written or oral, providing for the grant
by or to you of any right to use any such name, style, mark, logo or other source or business identifier; (xxii) other personal
property of whatever type, (xxiii) all books and records (including, without limitation, customer lists, credit files, computer
programs, printouts and other computer materials and records) pertaining to any of the foregoing, and (xxiv) all accessions and
all proceeds and products of any and all of the foregoing.

 

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(c)          Meaning
of Terms. Any terms used in this Agreement that are defined in the Uniform Commercial Code as adopted in the State of New
York and are not otherwise defined herein shall be used herein with the meanings given to them in the Uniform Commercial Code.
All of the collateral described in Sections 7(a) and 7(b) is collectively defined as “Collateral.”

 

(d)          Notices
and Suits. Client shall notify Supplier promptly of any matters affecting the value, collectability or enforceability of
any letter of credit (including without limitation any Customer Letter of Credit) or Account and of any dispute with any Customer
and of any condition, offset, deduction, defense, counterclaim, return or rejection by any Customer. Client hereby grants Supplier
the power to bring suit in the name of Supplier or Client and exercise all other rights as owner of such Accounts, including, but
not limited to, the rights to extend the time of payment, settle, compromise or release, in whole or in part, any amounts owing
with regard to the Goods. Supplier shall not have any liability with respect to the Accounts.

 

(e)   Financing
Statements. Client shall execute and deliver for filing and/or recording, at its own cost and expense, any financing statements
or other documents requested by Supplier to perfect Supplier’s security interest in and lien on the Collateral, or to confirm
Supplier’s ownership of the Goods, Customer Orders and Accounts, and Client hereby expressly authorizes Supplier to file
any such financing statements without the signature of Client.

 

(f)          Other
Liens; Remedies. Client represents and warrants that there are no security interests, liens, claims, judgments or encumbrances
of any kind or nature on the Goods and the Accounts resulting therefrom, other than Permitted Liens and security interests in favor
of Supplier and in favor of the Factor. Supplier shall have with respect to the Collateral all of the rights and remedies allowed
by law and the rights and remedies of a secured party under the Uniform Commercial Code as enacted in any jurisdiction in which
any of the Collateral may be located, and in addition any and all rights set forth in this Agreement or any other Supplier Document.

 

(g)          Power
of Attorney. Client authorizes Supplier and does hereby make, constitute and appoint Supplier and any officer, employee
or agent of Supplier with full power of substitution as Client’s true and lawful attorney-in-fact with power in its own name
or in the name of Client, to sign, endorse and present any notes, checks, drafts, money orders or other instruments of payment
(including payments under or in respect of any policy of insurance) in respect of the Goods and Collateral that may come into the
possession of Supplier; to sign, endorse and present any documents relating to the Goods or the Collateral, including without limitation
any and all drafts, invoices and other documents required to draw down under Customer Letters of Credit; to pay or discharge taxes,
liens, security interests or other encumbrances at any time levied or placed on or that are threatened against the Collateral;
to grant, collect, receipt for, compromise, settle and sue for monies in respect of the Collateral; to issue instructions, including
payment instructions, to the Factor under or pursuant to the Factoring Agreement and the Intercreditor Agreement; and, generally,
to do at Supplier’s option and at Client’s expense, at any time, and from time to time, all acts and things which Supplier
deems necessary to protect, preserve and realize upon the Collateral and Supplier’s security interests therein in order to
effect the intent of this Agreement, as fully and effectually as Client might or could do; and Client hereby ratifies all that
said attorney shall do or cause to be done by virtue hereof. THIS POWER OF ATTORNEY IS COUPLED WITH AN INTEREST AND SHALL BE IRREVOCABLE
FOR AS LONG AS ANY OF CLIENT’S OBLIGATIONS HEREUNDER SHALL BE OUTSTANDING. Client agrees that Client shall pay to Supplier
upon demand any fees, costs and expenses incurred by Supplier pursuant to the foregoing authorization.

 

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§ 8. Guarantee
and Subordination Agreement. Nicole Ostoya, Robin Coe-Hutshing and Ashumi Kothary (the “Validity
Guarantors”), shall execute and deliver Validity Guarantees in form and substance satisfactory to Supplier (the
“Validity Guarantees”). The Guarantor and each other officer or shareholder of Client will
subordinate any claims he or she may have against Client or any of its assets to the claims of Supplier against Client and
its assets on such terms and conditions as Supplier may require, pursuant to subordination agreements satisfactory in form
and substance to Supplier (the “Subordination Agreements”).

 

§ 9.  Books
and Records. Client shall maintain complete books and records in a manner reasonably satisfactory to Supplier and shall
ensure that to the extent requested by Supplier its books and records accurately reflect Supplier’s interest in the Collateral.
Supplier, its employees, agents, accountants and attorneys shall have access, at Client’s sole cost and expense, to all of
Client’s books and records and to any of the offices, inventory locations and other facilities of Client for the purpose
of inspection and to make extracts from such books and records, to examine Client’s inventory, to conduct field examinations
with respect to Client’s assets, to verify the adequacy of Client’s accounting system, including periodic inventory
reporting, to spot test purchase orders, accounts receivable, accounts payable, inventory, and cash disbursements and receipts,
to verify payroll taxes, to confirm that all tax payments are current, to perform or review bank reconciliations, to evaluate Client’s
bookkeeping and financial staff, and to discuss Client’s affairs, inventory and accounts with its officers and accountants
upon prior reasonable notice, at all reasonable times and as often as Supplier may require during business hours (or at any time
of day without notice after the occurrence and during the continuance of an Event of Default).

 

§ 10. Provision
of Information. Client shall provide Supplier with the information set forth on Exhibit “A” annexed hereto
and any other information Supplier may request, including but not limited to trade, legal, accounting and banking references,
financial statements and state, federal, and other tax returns and a completed Client application which shall become an integral
part of this Agreement. Client shall conduct such due diligence with respect to its Customers, Sellers and other suppliers as
is customary for similarly situated companies engaged in a similar business, and shall provide Supplier with any material information
of which it gains knowledge promptly after it gains knowledge thereof. Client shall (a) provide to Supplier, concurrently with
the delivery thereof to Factor, copies of any account schedules and assignments delivered by it to Factor, together with copies
of all invoices listed therein, (b) deliver to Supplier immediately upon receipt copies of all periodic statements received by
Client from time to time from Factor (and shall instruct Factor to deliver copies of such statements directly to Supplier), and
(c) authorize and direct Factor to give Supplier access to any online account information system Factor maintains with respect
to Client’s account with Factor.

 

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§ 11.  Notice
of Default. The Client hereby agrees to deliver to Supplier, within three (3) business days after the occurrence thereof,
written notice of the occurrence of any event which constitutes, or which with notice or lapse of time, or both, would constitute
an Event of Default (as defined below).

 

§ 12.  Representations,
Warranties and Covenants of Client. Client represents, warrants and covenants to Supplier as follows:

 

(a)          Client
is a corporation duly organized and validly existing in good standing under the laws of the of its jurisdiction of organization
specified in the preamble hereto and has full power and authority to own its properties and carry on its business in the places
where such properties are now owned or such business is now being conducted. Client is duly qualified, licensed or authorized to
transact business as a foreign corporation and is in good standing in any jurisdiction where such qualification, license or authorization
is required under applicable law in light of the location or character of Client’s properties and operation of its business,
except where failure to be so qualified, licensed, authorized or in good standing could not reasonably be expected to materially
adverse effect on the business, results of operations, financial condition, assets, liabilities or prospects of Client, Client’s
ability to perform any of its obligations under the Supplier Documents, the rights, interests, liens and remedies of the Supplier
under any of the Supplier Documents or the legality, validity or enforceability of any of the Supplier Documents.

 

(b)          Client
has full corporate power and authority to execute and deliver this Agreement, the Factoring Agreement, all Transaction Documents
and all other agreements and instruments relating hereto or thereto (collectively, the “Supplier Documents”)
and to assume and perform its obligations hereunder and thereunder. The execution and delivery of the Supplier Documents by Client
and the performance of its obligations hereunder and thereunder have been duly authorized by all required corporate action on the
part of Client. The Supplier Documents have been duly executed and delivered by Client and are legally valid and binding obligations
of Client and enforceable against Client in accordance with their terms. The execution and delivery of the Supplier Documents by
Client does not, and the performance of its obligations hereunder and thereunder will not, violate any provision of Client’s
Certificate of Incorporation or Bylaws or any law, rule, regulation or order applicable to Client. The execution, delivery and
performance of the Supplier Documents will not violate any agreement or instrument to which Client is a party.

 

(c)          Client
is not in default under any material contract to which it is a party.

 

(d)          At
the time Supplier provides any Accommodation to Client with respect to any Goods, such Goods shall not be subject to any security
interest or other lien, claim, charge or encumbrance of any person or entity other than Supplier and Factor, except for Permitted
Liens and Client’s right to purchase such Goods pursuant to § 5.

 

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(e)          
No consent, order or approval of, or filing with, any court, tribunal, governmental body or agency, or other person or entity,
is required in connection with Client’s execution, delivery or performance of the Supplier Documents.

 

(f)          There
are no judgments outstanding against Client and there are no actions or proceedings before any court or administrative agency pending
or to the knowledge of Client threatened against Client.

 

(g)          Client
has no indebtedness outstanding to any party except: (i) current accounts payable arising in the ordinary course of its business;
(ii) the indebtedness listed in the most recent balance sheet of Client submitted to Supplier prior to its execution of this Agreement;
and (iii) the indebtedness of Client set forth on Exhibit “B” annexed hereto, which is subordinated to Client’s
indebtedness to Supplier hereunder and under the other Supplier Documents on terms and conditions satisfactory to Supplier (the
“Subordinated Debt”).

 

(h)          Client
has (and shall at all relevant times have) full right, power and authority to assign its rights and interests under Customer Orders
to Supplier and Factor, all consents required in connection with the assignment of its rights and interests thereunder and the
execution, delivery and performance of the Supply Agreement, the Factoring Agreement and all other Supplier Documents have been
obtained, and such assignment, execution, deliver and performance does not constitute a breach or violation of, or a default under,
any contract or agreement between Client and any of its Customers. Client has not assigned, pledged or encumbered any of its rights
or interests under any Customer Order submitted to Supplier hereunder or any contract under which such order is issued, except
to Factor pursuant to the Factoring Agreement, to Supplier pursuant hereto and to the holders of the Subordinated Debt. Client
shall not sell, assign, transfer, pledge or encumber any of its rights or interests under any Customer Order submitted to Supplier
hereunder or any contract or agreement under which such Customer Order is issued to any person or entity other than Supplier or
Factor.

 

(i)          Client
shall (i) observe and perform, or cause to be observed and performed, in a timely manner, each and every material term, covenant
and condition of each Customer Order submitted to Supplier hereunder and each contract or agreement under which such Customer Order
is issued, (ii) notify Supplier promptly of any notice of default Client may send or receive with respect to any such Customer
Order, contract or agreement, (iii) notify Supplier promptly of any notice of cancellation or termination Client may send or receive
with respect to any such Customer Order, contract or agreement, (iv) notify Supplier promptly of any amendment or modification
to any such Customer Order, contract or agreement, and (v) not agree to any such amendment or modification that adversely affects
Supplier, without obtaining Supplier’s prior written consent.

 

(j)          Client
shall not (x) incur any indebtedness for borrowed money or (y) assume, guarantee, endorse, contingently agree to purchase or otherwise
become liable (contingently or otherwise) upon the obligation of any of its officers, directors, shareholders or other affiliates.

 

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§ 13.  Events
of Default and Remedies. (a) Any one or more of the following events shall constitute an Event of Default under this Agreement
(each an “Event of Default”):

 

(i)  Client
shall fail to make any payment under this Agreement or under any of the Supplier Documents (including, without limitation, any
mandatory prepayment) when due or when demanded by Supplier under this Agreement or under any other Supplier Document or under
any other document delivered to Supplier by or on behalf of Client.

 

(ii)  Client
or Guarantor shall default in the performance or observance of any term or covenant contained in this Agreement or under any other
Supplier Document, or under any other document delivered to Supplier by or on behalf of Client.

 

(iii)  Any
representation or warranty made by or on behalf of Client or Guarantor in this Agreement, any other Supplier Document or in any
other certificate, agreement, instrument or document delivered to Supplier by or on behalf of Client or Guarantor at any time proves
to have been incorrect when made in any respect.

 

(iv) An event of default
or default shall occur under any other agreement, document or instrument executed and delivered to Supplier by Client or on behalf
of Client.

 

(v)  Client
or Guarantor shall default in the payment of any indebtedness for borrowed money (including any such indebtedness in the nature
of a lease) or shall default in the performance or observance of the terms or conditions of any instrument pursuant to which such
indebtedness is outstanding, or any other event shall occur, the result of which is to cause, or to permit the holder(s) thereof
to cause, the same to become due prior to its stated maturity (whether or not such default is waived by the holder(s) thereof).

 

(vi)  Any change
in the condition or affairs (financial or otherwise) of Client, Guarantor or any Customer shall occur which, in the sole discretion
of Supplier, materially increases the risk with respect to the payment of any amounts due Supplier under this Agreement or under
any other Supplier Document or under any other document delivered to Supplier by or on behalf of Client.

 

(vii)  Client
or Guarantor shall become insolvent, make an assignment for the benefit of creditors, file a petition in bankruptcy, be adjudicated
insolvent or bankrupt, admit in writing its respective inability to pay its debts as they mature, petition or apply for, consent
to, or acquiesce in the appointment of a trustee or receiver for itself or for any part of its respective property; or any other
bankruptcy, reorganization, debt arrangement or other proceeding under any bankruptcy or insolvency law, or any dissolution or
liquidation proceeding shall be instituted by or against Client or Guarantor and, in the case of any such involuntary proceeding
instituted against Client or Guarantor, it shall continue undismissed for 60 days or an order or decree approving or ordering any
of the relief requested in such proceeding shall be entered; or any judgment, writ of attachment or execution or any similar process
shall be issued or levied against any part of the property of Client or of Guarantor.

 

(viii)  Any
of the Sellers of Goods shall not deliver such Goods in accordance with the terms of the relevant purchase orders.

 

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(ix) Any Customer purchasing
Goods shall cancel an order and such order is not replaced with another customer order acceptable to Supplier in its sole discretion
within five (5) days of cancellation of the original order and Client does not purchase the Goods from Supplier within five (5)
days of cancellation of the original order.

 

(x)  Any Customer
Letter of Credit issuer shall fail or refuse, for any reason, to amend or extend or make payment upon demand of any letter of credit
or guarantee opened by it for the Customer’s account.

 

(xi)  Client
shall incur any indebtedness for borrowed money subsequent to the date hereof to which Supplier has not consented in writing, other
than (1) indebtedness to Factor pursuant to the Factoring Agreement and (2) indebtedness that is subordinated to Client’s
obligations to Supplier and Factor hereunder, under the Factoring Agreement and under all related instruments and documents on
terms and conditions satisfactory to Supplier, so long as Client has given Supplier at least 60 days’ prior written notice
of its intention to incur such indebtedness.

 

(xii) Supplier or Supplier’s
representative, or any Customer or Customer’s representative, shall inspect any Goods and find them not to comply with the
relevant Customer Order specifications, or any Goods shall fail to pass such inspection for any reason.

 

(xiii) Client shall fail
to conform with and meet the manufacturing, processing or delivery schedule provided by Client to Supplier in the budget or set
forth in any Customer Order.

 

(xiv)  Supplier
shall feel insecure that the Goods will be manufactured or processed to the specifications of the relevant Customer Order as to
quality or quantity or timeliness of completion of manufacturing or processing or otherwise.

 

(xv)  Client
shall fail to execute and deliver or cause to be executed and delivered to Supplier any document, certificate or instrument requested
by Supplier in its sole discretion in form and substance acceptable to Supplier in its sole discretion.

 

(xvi)  There
shall be a defect in Client’s title to any of the Collateral.

 

(xvii)  The
security interest granted to Supplier under this Agreement or any other Supplier Document shall for any reason other than by or
through the conduct of Supplier, cease to be valid or become impaired.

 

(xviii)  Supplier’s
ownership rights to any Goods purchased by it from a Seller or covered by Documents purchased by it from a Document Lender shall
be threatened or challenged.

 

(xix) Client shall breach
any provision of the Factoring Agreement or the Intercreditor Agreement or any default or event of default (however designated)
shall occur thereunder or under any related agreement.

 

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(b)          Remedies.
Upon the occurrence and during the continuation of an Event of Default, Supplier may without notice or demand to Client or Guarantor:
(i) terminate its obligations hereunder; (ii) sell any or all of the Goods in any manner in which it may choose; (iii) demand that
Client assemble the Collateral or cause it to be assembled at such place or places as Supplier may designate by written notice;
(iv) take any action available to a secured party under the Uniform Commercial Code; (v) pursue any available legal or equitable
remedy; (vi) exercise any or all of its rights and remedies under this Agreement or under any Supplier Document, or under any other
document or agreement executed by or on behalf of Client and delivered to Supplier; (vii) declare all amounts owed hereunder to
Supplier immediately due and payable (and upon the occurrence of an Event of Default described in Section 13(a)(vii) above, all
such amounts shall automatically and immediately become due and payable without any notice from or other action on the part of
Supplier); and (viii) instruct the Factor to remit directly to Supplier in accordance with its payment instructions any and all
amounts then or at any time thereafter due to Client under or pursuant to the Factoring Agreement or any related agreement. Supplier
may exercise any and all rights and remedies granted herein, in the Supplier Documents, allowed by law, including but not limited
to, the rights and remedies of a secured party under the Uniform Commercial Code, and each and every right and remedy granted to
Supplier herein or in the Supplier Documents or allowed by law shall be cumulative and not exclusive of one of the other rights
and remedies and may be exercised by Supplier at any time and from time to time as often as may be necessary.

 

§ 14.  Insurance.
Client shall keep and maintain all Goods insured against loss, damage or liability from such risks as are customarily insured against
by similar businesses (including without limitation cargo insurance) and as it may be required by any Customer for the full insurable
value thereof, and shall maintain liability insurance policies in such amounts and covering such risks as are ordinarily insured
against by other owners in similar businesses (including without limitation product liability insurance), with companies acceptable
to Supplier in its sole discretion and under policies in form and substance acceptable to Supplier in its sole discretion. All
property and casualty policies, and all credit insurance policies, shall contain a loss payable endorsement in form satisfactory
to Supplier, naming Supplier as loss payee thereof, and containing a waiver of warranties, and all proceeds payable thereunder
shall be payable to the Supplier to be applied to Client’s obligations to it hereunder. All liability policies shall name
Supplier as additional insured. Any credit insurance policies maintained by Client with respect to any Accounts shall contain a
loss payable endorsement in form satisfactory to Supplier, naming Supplier as loss payee thereof, and all proceeds payable thereunder
shall be payable to the Supplier to be applied to Client’s obligations to it hereunder and under the Factoring Agreement.
In addition, all of Client’s insurance policies shall provide that Supplier shall (i) be given at least thirty (30) days’
prior written notice of any amendment, modification or cancellation thereof, and (ii) have the option, but not the obligation,
to pay the premiums to continue such insurance in effect or obtain like coverage and any and all costs and amounts paid by Supplier
to continue such insurance or obtain like coverage shall be paid by Client to Supplier upon demand. Client shall pay when due all
premiums on the foregoing insurance policies, shall ensure that such policies remain in full force and effect at all times, and
shall deliver to Supplier certified copies of such policies of insurance and evidence of the payments of all premiums therefor.
Client hereby appoints Supplier as its attorney-in-fact to make, adjust, collect and/or settle any claim under an insurance policy
insuring such Goods.

 

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§ 15.  Indemnification
and Expenses.

 

(a)          Client
shall pay on demand, whether or not any of the transactions contemplated hereby shall be consummated, (i) the disbursements and
reasonable fees of counsel for Supplier in connection with the preparation of this Agreement and the other Supplier Documents and
the transactions contemplated hereby and thereby and any amendment or modification hereof or thereof, (ii) all recording and release
taxes, appraisal fees, transfer, documentary, stamp and similar taxes, title and lien search, filing and recording fees, corporate
search fees, insurance fees, duplicating costs, escrow agent fees and other fees, charges, and other expenses at any time incurred
by Supplier or otherwise payable in respect of this Agreement, any other Supplier Document, any Goods, any Transactions, the Collateral,
the incurrence of the obligations hereunder or under any other Supplier Document or the grant of liens and security interests to
Supplier pursuant hereto or thereto or the perfection thereof, (iii) all internal charges and out-of-pocket expenses incurred by
Supplier in connection with the performance of any inspections, field examinations or audits performed by it or any of its agents
or representatives with respect to Client, its books and records, or any of its assets, and (iv) all expenses incurred by Supplier
in connection with the enforcement of any rights or remedies hereunder or under any other Supplier Document, including without
limitation costs of collection and attorneys’ fees and out-of-pocket expenses.

 

(b)          Client
shall indemnify Supplier and each of its directors, officers, employees, attorneys, agents and affiliates against, and hold each
of them harmless from, any loss, liabilities, damages, claims, costs and expenses (including reasonable attorneys’ fees and
disbursements) suffered or incurred by any of them arising out of, resulting from or in any manner connected with, the execution,
delivery and performance of each of the Supplier Documents, the Transactions, and any and all other transactions related hereto
or thereto or consummated in connection herewith or therewith.

 

(c)          Amounts
payable by Client pursuant to this Section shall accrue interest at a rate per annum equal to the sum of (i) prime rate of JPMorgan
Chase Bank (the “Bank”), as amended by the Bank from time to time, plus (ii) 4% if not paid in
full within one business day after demand therefor by Supplier. The covenants contained in this Section shall survive the repayment
of Client’s other obligations hereunder.

 

§ 16. Limitation
on Supplier’s Liability. (a) SUPPLIER MAKES NO REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, AS TO THE
MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR OTHERWISE WITH RESPECT TO ANY GOODS OR SERVICES. Supplier has no
liability or responsibility to Client or any other person with respect to: (i) the conformity of any Goods purchased by
Client to satisfy the Customer’s Orders; (ii) the conformity of any Goods to the Customer’s Order; (iii) the
accuracy of any information in any report or statement prepared by Supplier at the request of Client or any Customer; (iv)
the collectability of any Accounts; (iv) the timeliness of presentation of documents under, or the conformity of any
documents with any requirements for drawings under, Letters of Credit, including Customer Letters of Credit; (v) the
timeliness or location of any delivery of Goods, or (vi) the withdrawal by any insurance company of (or refusal to issue)
credit insurance. Further, Supplier is not responsible or liable for any failure or delay in providing services or Goods to
Client or for any inaccuracy, omission, error or discrepancy or the destruction or loss of any records or documents.

 

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(b)          Supplier’s
sole liability to Client shall be for Supplier’s gross negligence or willful misconduct. To the maximum extent permitted
by law, Supplier’s liability hereunder (whether any claim of liability is based on violation of law, breach of contract,
negligence, or otherwise) shall in no event exceed the amount actually received by Supplier pursuant to § 4. IN NO EVENT
SHALL SUPPLIER BE LIABLE FOR INDIRECT, SPECIAL OR CONSEQUENTIAL DAMAGES, EVEN IF SUPPLIER IS ADVISED OF THE POSSIBILITY THEREOF.

 

(c)          Neither
Client nor Supplier has any right or power to incur any liability or obligation on behalf of the other except in accordance with
the provisions of this Agreement.

 

§ 17. Sales
Taxes, Customs Charges and other Expenses. Client shall promptly pay all sales taxes, withholding taxes, customs
charges, duties, tariffs, import charges, levies and any and all other governmental and/or regulatory expenses, charges and
taxes of any kind applicable to Supplier’s purchase and/or sale of Goods hereunder. In addition, Client shall also
promptly pay, upon submission of bills, invoices or other appropriate documentation thereof, all out-of-pocket costs and
expenses incurred by Supplier in connection with the negotiation and preparation of this Agreement and the transactions
contemplated hereby, any amendments hereto or to any Letters of Credit issued pursuant hereto, and any other costs and
expenses relating to this Agreement or any related instrument or document, including without limitation Supplier’s
attorneys’ fees and disbursements. Client shall pay to Supplier, in the event of any Event of Default or breach by
Client, any and all costs and expenses incurred by Supplier in collecting any and all amounts owed to Supplier hereunder and
under any other document executed by Client or on behalf of Client and delivered to Supplier and in enforcing its rights
hereunder and under any other document executed by Client or on behalf of Client and delivered to Supplier, including without
limitation any court costs, attorneys’ fees and disbursements.

 

§ 18. Term
and Termination. The term (the “Term”) of this Agreement shall commence on the date hereof
and shall expire on the first anniversary of such date; provided, however, that the Term of this Agreement
shall be automatically renewed for additional twelve (12)-month periods unless either party gives the other party at least
sixty (60) days’ advance notice in writing of its intent to terminate this Agreement as of the end of such initial or
renewal period. The foregoing notwithstanding, (a) any obligations Supplier may have hereunder shall terminate on the earlier
of (i) delivery of written notice to that effect by Supplier to Client or (ii) the occurrence of any Event of Default and (b)
in the event that Supplier notifies Client in writing after the first anniversary of the date hereof that it does not intend
to provide any further Accommodations to Client hereunder, Client may terminate this Agreement at any time thereafter by
giving Supplier at least sixty (60) days’ advance notice in writing of its intention to do so. All obligations of
Client hereunder will survive any such termination.

 

§ 19. Limitation
of Authority. Except as expressly provided herein, no provision hereof shall be deemed to create any partnership or
joint venture or joint enterprise or association between the parties hereto, or to authorize or to empower either party
hereto to act on behalf of, obligate or bind the other party hereto.

 

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§ 20. Notices.
Except as otherwise expressly provided herein, any notice or demand required or permitted to be given or made hereunder shall
be deemed to have been duly given or made for all purposes if in writing and sent by: (a) messenger or an overnight courier service,
or (b) certified or registered mail, postage prepaid, return receipt requested; or (c) sent by telegram, telecopy, telex or similar
electronic means; provided, that a written copy thereof is sent on the same day by postage-paid first-class mail. Such
notices shall be sent to the addresses and fax numbers provided below or at other addresses and fax numbers as either party may
direct from time to time in accordance with this Section.

 

If to Supplier:

Star Funding, Inc.

237 West 37th Street

New York, New York 10018

Fax No.: (212) 768-9800

Attn: Martin Weingarten, Chief Executive Officer

 

If to the COMPANY:

[NAME OF BOLDFACE ENTITY]

1309 Pico Boulevard, Suite A

Santa Monica, CA 90405

Fax No.: (310) 421-9274

Attn: Nicole Ostoya

 

The date of giving or making of any such
notice or demand shall be, in the case of clause (a), the date of dispatch; in the case of clause (b), upon posting with the United
States Postal Service; and in the case of clause (c), when transmitted.

 

§ 21. Amendment.
Except as otherwise provided herein, no amendment of this Agreement shall be valid or effective, unless in writing and
signed by or on behalf of the parties hereto.

 

§ 22. Waiver.
No course of dealing or omission or delay on the part of either party hereto in asserting or exercising any right hereunder
shall constitute or operate as a waiver of any such right. No waiver of any provision hereof shall be effective, unless in
writing and signed on behalf of the party to be charged therewith. No waiver shall be deemed a continuing waiver or waiver in
respect of any other or subsequent breach or default, unless expressly so stated in writing.

 

§ 23. Governing
Law. THIS AGREEMENT SHALL BE GOVERNED BY, AND INTERPRETED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE
OF NEW YORK WITHOUT REGARD TO CHOICE OR CONFLICT OF LAWS PRINCIPLES.

 

§ 24. Jurisdiction.
Each of the parties hereto hereby irrevocably consents and submits to the jurisdiction of the Supreme Court of the State of
New York and of the United States District Court for the Southern District of New York in connection with any suit, action or
other proceeding arising out of or relating to this Agreement or the transactions contemplated hereby, waives any objection
to venue in New York County or such District, and agrees that service of any summons, complaint, notice or other process
relating to such suit, action or other proceeding may be effected in the manner provided by clause (b) of § 20 hereof. CLIENT
AND SUPPLIER HEREBY EACH WAIVES THE RIGHT TO TRIAL BY JURY IN ANY ACTION OR PROCEEDING BASED UPON, ARISING OUT OF OR IN ANY
WAY RELATING TO: (i) THIS AGREEMENT; OR (ii) THE VALIDITY, PROTECTION OR INTERPRETATION HEREOF OR THE COLLECTION OF AMOUNTS
OWING HEREUNDER; OR (iii) ENFORCEMENT HEREOF; OR (iv) ANY OTHER CLAIM OR DISPUTE HOWSOEVER ARISING BETWEEN CLIENT AND
SUPPLIER; OR (v) ANY OTHER PRESENT OR FUTURE INSTRUMENT OR AGREEMENT BETWEEN SUPPLIER AND CLIENT; OR (vi) ANY CONDUCT, ACTS
OR OMISSIONS OF CLIENT OR SUPPLIER OR ANY OF THEIR DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, ATTORNEYS OR ANY OTHER PERSONS
AFFILIATED WITH SUPPLIER OR CLIENT, IN EACH OF THE FOREGOING CASES, WHETHER SOUNDING IN CONTRACT OR TORT OR
OTHERWISE.

 

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§ 25.  Severability.
The provisions hereof are severable and in the event that any provision of this Agreement shall be determined to be invalid or
unenforceable in any respect by a court of competent jurisdiction, the remaining provisions hereof shall not be affected, but shall,
subject to the discretion of such court, remain in full force and effect, and any invalid or unenforceable provision shall be deemed,
without further action on the part of the parties hereto, amended and limited to the extent necessary to render such provision,
as so amended and limited valid and enforceable.

 

§ 26. Counterparts;
Facsimile Signatures. This Agreement may be executed in counterparts, each of which shall be deemed an original and
which together shall constitute one and the same agreement. Delivery of an executed signature page to this Agreement by
facsimile transmission shall be as effective as delivery of a manually signed counterpart of this Agreement.

 

§ 27. Further
Assurances. At any time and from time to time, upon the request of Supplier, Client shall, or if appropriate shall
cause other persons or entities to, promptly execute, deliver, acknowledge, file or record such agreements, instruments,
certificates and other documents and perform such other and further acts as Supplier may reasonably request in order to fully
effect the purposes of this Agreement and the other Supplier Documents, consummate the Transactions and defend and preserve
the rights and interests of Supplier hereunder and thereunder..

 

§ 28.  Binding
Effect. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors
and permitted assigns. This Agreement is not intended, and shall not be deemed, to create or confer any right or interest for the
benefit of any person not a party hereto.

 

§ 29.  Assignment.
Neither this Agreement, nor any right, interest or obligation hereunder, may be assigned by Client without the prior written consent
of Supplier. Any purported assignment by Client without such consent shall be void and without effect. Supplier may, without notice
to Client transfer or assign this Agreement or any interest herein. This Agreement shall be binding upon Client and its successors
and shall inure to the benefit of Supplier and its successors and assigns.

 

    	20

    	 

    

 

§ 30.  Captions.
The caption of Sections of this Agreement are for the convenience of reference only and do not in any way define or interpret the
intent of the parties or modify or otherwise affect any of the provisions hereof.

 

§ 31.  No
Presumptions. Each party hereto acknowledges that it has participated, with the advice of counsel or has had the opportunity
to seek the advise of counsel, in the preparation of this Agreement. Neither party hereto is entitled to any presumption with respect
to the interpretation of any provision hereof or the resolution of any alleged ambiguity herein based on any claim that the other
party hereto drafted or controlled the drafting of this Agreement.

 

§ 32.  Entire
Agreement. This Agreement embodies the entire agreement of the parties hereto with respect to the subject matter hereof
and supersedes any prior agreement, commitment or arrangement relating thereto.

 

IN WITNESS WHEREOF, the parties hereto, by
their respective duly authorized officers, duly execute and deliver this Agreement as of the date first written above.

 

	[NAME OF BOLDFACE ENTITY]	 	Witness:
	 	 	 	 
	By:	 	 	 
	 	Nicole Ostoya, Chief Executive Officer	 	 
	 	 	 	 
	STAR FUNDING, INC.	 	Witness:
	 	 	 	 
	By:	/s/ Martin Weingarten	 	 
	 	Martin Weingarten, Chief Executive Officer	 	 

 

    	21

    	 

    

 

EXHIBIT A

 

TO

 

SUPPLY AGREEMENT

 

Client will provide Supplier with the following information
(if applicable):

 

		1.	Certificate of Incorporation of Client.

		2.	By-laws of Client.

		3.	Good Standing Certificate of Client.

		4.	Two years corporate tax returns of Client.

		5.	Corporate Financial Statements of Client.

		6.	An up-to-date description, in writing, of the current business condition of Client.

		7.	Copies of supply and purchase orders and pro-forma invoices.

		8.	Letters of credit supporting Customer Orders.

		9.	Draft of import/export letter of credit.

		10.	Reference list.

		11.	Budget and projections for next 2 years.

		12.	Detailed calculations for each transaction.

		13.	Resume of principals.

		14.	Current backlog and details on Customers.

		15.	Signed completed application.

		16.	Copies of all Customer Orders.

		17.	Address of all of Client’s locations and warehouses.

		18.	Credit Approval of Insurance Company regarding Customer.

		19.	Names, addresses and social security numbers for all individual guarantors.

		20.	Name, address, principals, shareholders and Federal ID No(s) for all corporate guarantors.

		21.	List of all secured creditors of Client.

		22.	List of all pending litigation involving Client, Guarantor, or any of their respective assets.

		23.	List of judgments and liens against Client, Guarantor, or any of their respective assets.

		24.	Guarantors’ Consents to Credit Investigation.

		25.	Triparty Agreements.

		26.	Subordination Agreements with each of Client’s creditors (other than trade creditors).

		27.	List of all outstanding indebtedness.

		28.	Personal financial statements of each Guarantor.

 

    	22

    	 

    

 

EXHIBIT B

 

TO

 

SUPPLY AGREEMENT

 

	Instrument	 	Date	 	Payee	 	Principal Amount	 
	10% Senior Secured Promissory Note	 	September 7, 2012	 	Darien Ellul	 	$	100,000	 
	10% Senior Secured Promissory Note	 	September 7, 2012	 	Mark Tompkins	 	$	50,000	 
	10% Senior Secured Promissory Note	 	September 25, 2012	 	Solops LLC	 	$	150,000	 

 

    	23

    	 

    

 

Schedule of Omitted
Documents in the Form of

Exhibit 10.2, Including
Material Detail in

Which Such Documents
Differ From Exhibit 10.2

 

 

 

The following documents
do not differ in material detail from the form of Exhibit 10.2, except with respect to the name of the BOLDFACE entity which entered
into the agreement:

 

1.   Supply
Agreement, dated as of October 17, 2012, entered into by and between Star Funding, Inc. and BOLDFACE Licensing + Branding

 

2.   Supply
Agreement, dated as of October 17, 2012, entered into by and between Star Funding, Inc. and BOLDFACE Group, Inc.

 

    	24GUARANTEE

 

New York, New York

October 17, 2012

 

In order to induce
Star Funding, Inc. (herein called "Star Funding") to supply goods to [NAME OF BOLDFACE ENTITY], a Nevada corporation
(herein called "Obligor"), factor its accounts receivable and make loans, advances or other commitments or grant
other financial accommodations to or for the account of (or in reliance on the credit of) the Obligor and for other good and valuable
consideration received, the undersigned irrevocably and unconditionally guarantees to Star Funding payment when due, whether by
acceleration or otherwise, of any and all Obligations of the Obligor to Star Funding. The term "Obligations" shall
mean all obligations, liabilities and indebtedness of the Obligor to Star Funding or any affiliate of Star Funding, however evidenced,
now or hereafter arising under the Factoring Agreement dated October 17, 2012 between Star Funding and the Obligor and the Supply
Agreement dated October 17, 2012 between Star Funding and the Obligor and/or any other instrument, agreement or document relating
thereto or to any other supply, factoring or financial accommodation provided to the Obligor by Star Funding or an affiliate of
Star Funding, or independent hereof or thereof, whether now existing or incurred from time to time hereafter and whether before
or after termination hereof, absolute or contingent, joint or several, matured or unmatured, direct or indirect, primary or secondary,
liquidated or unliquidated, and whether arising directly or acquired from others (whether acquired outright, by assignment unconditionally
or as collateral security from another and including, without limitation, participations or interest of Star Funding in obligations
of Obligor to others), and including (without limitation) all of Star Funding's charges, commissions, fees, interest, expenses,
costs and attorneys' fees chargeable to Obligor in connection therewith. In addition, the undersigned agrees to indemnify Star
Funding against any loss, damage or liability because of any wrongful acts or fraud of the Obligor. The undersigned is entitled
to fees and other payments from the proceeds of resale by the Obligor of goods supplied to it by Star, and accordingly the undersigned
will benefit from the supply and factoring arrangements extended by Star to the Obligor.

 

The undersigned waives
notice of acceptance of this guarantee and notice of any liability to which it may apply, and waives presentment, demand for payment,
protest, notice of dishonor or nonpayment of any Obligations, or suit or taking other action by Star Funding against, and any other
notice to, any party liable thereon (including the undersigned) and waives any defense, offset or counterclaim to any liability
hereunder. Star Funding may at any time and from time to time (whether or not after revocation or termination of this guarantee)
without the consent of, or notice to, any of the undersigned, without incurring responsibility to any of the undersigned, without
impairing or releasing any obligations of any of the undersigned hereunder, upon or without any terms or conditions and in whole
or in part: (1) change the manner, place or terms of payment, and/or change or extend the time of payment of, and/or renew or alter,
any Obligation, any security therefor, or any liability incurred directly or indirectly in respect thereof, and the guarantee herein
made shall apply to the Obligations as so changed, extended, renewed or altered; (2) sell, exchange, release, surrender, realize
upon or otherwise deal with, in any manner and in any order, any property by whomsoever at any time pledged or mortgaged to secure,
or howsoever securing, the liabilities hereby guaranteed or any liabilities (including any of those hereunder) incurred directly
or indirectly in respect thereof or hereof, and/or offset thereagainst; (3) exercise or refrain from exercising any rights against
the Obligor or anyone else (including the undersigned) or otherwise act or refrain from acting; (4) settle or compromise any Obligation,
any security therefor or any liability (including any of those hereunder) incurred directly or indirectly in respect thereof or
hereof, and may subordinate the payment of all or any part thereof to the payment of any liability (whether due or not) of the
Obligor to creditors of the Obligor other than Star Funding and the undersigned: and (5) apply any sums by whomsoever paid or howsoever
realized to any Obligation to Star Funding regardless of what liability or liabilities of the Obligor remain unpaid.

 

    	 

    	 

    

 

No invalidity, irregularity
or unenforceability of all or any part of the Obligations or of any security therefor shall affect, impair or be a defense to this
guarantee. The liability of the undersigned hereunder is primary and unconditional and shall not be subject to any offset, defense
or counterclaim of the Obligor. This guarantee is a guarantee of payment and not of collection, and each of the undersigned further
waives unconditionally and irrevocably any right to require that any action be brought against the Obligor or any other person
or to require that resort be had to any security or any other property or asset or to any balance of any deposit account or credit
on the books of Star Funding in favor of the Obligor or any other person prior to any payment under this guarantee being made or
enforced. All liabilities to which this guarantee applies or may apply under the terms hereof shall be conclusively presumed to
have been created in reliance hereon. The books and records of Star Funding shall be admissible as prima facie evidence of the
Obligations.

 

This guarantee is
a continuing guarantee and shall remain in full force and effect irrespective of any interruptions in the business relations of
the Obligor with Star Funding; provided, however, that the undersigned may, by notice in writing to Star Funding,
delivered personally or by certified mail, return receipt requested, terminate this guarantee, but any such termination shall have
no effect with respect to (a) Obligations (including contingent liabilities) which shall have been created, contracted, assumed
or incurred prior to receipt by Star Funding of written notice of such termination, (b) Obligations which shall have been created,
contracted, assumed or incurred after receipt of such written notice pursuant to any contract entered into by the Obligor or by
Star Funding for the benefit of the Obligor prior to receipt by Star Funding of such notice, (c) any charges, costs or expenses
incurred by Star Funding after receipt of such notice to protect, preserve or realize upon any security granted to it prior to
receipt of such notice, securing any of the Obligations or (d) any commissions, fees, interest, indemnities, charges, expenses
or costs payable with respect to any of the Obligations, even if arising or incurred after receipt by Star Funding of such notice,
and this guarantee and the obligations of each of the undersigned hereunder shall continue notwithstanding any such termination
until all such amounts are fully and finally paid.

 

All liabilities
of the undersigned to Star Funding hereunder shall without notice or demand become due and payable immediately upon the occurrence
of any default or event of default with respect to any of the Obligations (or the occurrence of any other event which results in
acceleration of the maturity of any of the Obligations) or the occurrence of any of the following events: (i) the insolvency of
any of the undersigned, (ii) the issuance of any warrant of attachment against any of the property of the undersigned that is not
lifted within thirty (30) days, (iii) the making by any of the undersigned of any assignment for the benefit of creditors, (iv)
the appointment of a trustee, receiver or custodian for any of the undersigned or any of the undersigned’s property, which
appointment is not dismissed within thirty (30) days, (v) the commencement of any voluntary proceeding by any of the undersigned
under any bankruptcy, reorganization, arrangement of debt, insolvency, readjustment of debt, receivership, liquidation or dissolution
law or statute, or (vi) the commencement of any involuntary proceeding against any of the undersigned under any bankruptcy, reorganization,
arrangement of debt, insolvency, readjustment of debt, receivership, liquidation or dissolution law or statute, and failure to
dismiss such proceeding within thirty (30) days after the commencement thereof. All sums of money at any time to the credit of
any of the undersigned with Star Funding and any of the property of the undersigned at any time in the possession of Star Funding
may be held by Star Funding as security for any and all obligations of any of the undersigned hereunder, notwithstanding that any
of said money or property may have been deposited, pledged or delivered by the undersigned for any other, different or specific
purpose. Any and all claims of any nature which any of the undersigned may now or hereafter have against the Obligor are hereby
subordinated to the full payment to Star Funding of the Obligations and are hereby assigned to Star Funding as additional collateral
security therefor.

 

    	2

    	 

    

 

In the event that Star
Funding takes any action, including retaining attorneys, for the purpose of effecting collection of any of the Obligations or of
any liabilities of any of the undersigned hereunder, or protecting any of Star Funding's rights hereunder, the undersigned shall
pay all costs and expenses of every kind for protection of the rights of Star Funding or for collection of the Obligations or such
liabilities, including reasonable attorneys' fees.

 

If claim is ever made
upon Star Funding for repayment or recovery of any amount or amounts received by Star Funding in payment or on account of any of
the Obligations and Star Funding repays all or part of said amount by reason of (a) any judgment, decree or order of any Court
or administrative body having jurisdiction over Star Funding or any of its property, or (b) any settlement or compromise of any
such claim effected by Star Funding with any such claimant (including the Obligor), then and in such event the undersigned agrees
that any such judgment, decree, order, settlement or compromise shall be binding upon the undersigned, notwithstanding any revocation
or release hereof or the cancellation of any note or other instrument evidencing any of the Obligations, or any release of any
such liability of the Obligor, and the undersigned shall be and remain liable to Star Funding hereunder for the amount so repaid
or recovered to the same extent as if such amount had never originally been received by Star Funding. The provisions of this paragraph
shall survive, and continue in effect, notwithstanding any revocation or release hereof, unless such revocation or release shall
specifically refer to this paragraph.

 

No delay on the part
of Star Funding in exercising any of its options, powers or rights, or partial or single exercise thereof, shall constitute a waiver
thereof. No waiver of any of its rights hereunder, and no modification or amendment of this guarantee, shall be deemed to be made
by Star Funding unless the same shall be in writing, duly signed on behalf of Star Funding, and each such waiver, if any, shall
apply only with respect to the specific instance involved, and shall in no way impair the rights of Star Funding or the obligations
of the undersigned to Star Funding in any other respect or at any other time. Until the irrevocable payment in full of the Obligations,
the undersigned shall have no right (whether by contract or by operation of law) of subrogation, restitution, indemnification,
reimbursement or any other or similar rights of a surety against the Obligor or any of its assets or property or any security held
for any liabilities of the Obligor, and all such rights are hereby expressly waived.

 

    	3

    	 

    

 

This guarantee and
the rights and obligations of Star Funding and of the undersigned hereunder shall be governed and construed in accordance with
the laws of the State of New York; and this guarantee is binding upon the undersigned, his executors, administrators, successors
or assigns, and shall inure to the benefit of Star Funding, its successors or assigns. THE UNDERSIGNED AND STAR FUNDING AGREE
AND DO HEREBY WAIVE TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM BROUGHT AGAINST THE UNDERSIGNED ON ANY MATTERS WHATSOEVER
ARISING OUT OF OR IN ANY WAY CONNECTED WITH THIS GUARANTEE, AND THE UNDERSIGNED HEREBY CONSENTS TO THE JURISDICTION OF THE SUPREME
COURT OF THE STATE OF NEW YORK AND THE DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK FOR A DETERMINATION OF ANY DISPUTE
AS TO ANY SUCH MATTERS AND AUTHORIZES THE SERVICE OF PROCESS ON THE UNDERSIGNED BY REGISTERED MAIL SENT TO THE UNDERSIGNED AT THE
ADDRESS OF THE UNDERSIGNED HEREINBELOW SET FORTH.

 

Any acknowledgement,
new promise, payment of principal or interest or other act by the Obligor and others, with respect to the Obligations, shall be
deemed to be made as agent of the undersigned for the purposes hereof, and shall, if the statute of limitations in favor of the
undersigned against Star Funding shall have commenced to run, toll the running of such statute of limitations, and if such statute
of limitations shall have expired, prevent the operation of such statute.

 

The undersigned, if
more than one, shall be jointly and severally liable hereunder and the term "undersigned" wherever used herein shall
mean the undersigned or any one or more of them. Any one signing this guarantee shall be bound hereby, whether or not any one else
signs this guarantee at any time. The term "Star Funding" includes any agent of Star Funding acting for it.

 

IN WITNESS WHEREOF,
the undersigned has duly executed and delivered this Guarantee as of the date first above written.

 

	Witness: 	 	 	[NAME OF BOLDFACE ENTITY]
	 	 	 	 
	 	 	 	By:	 
	 	 	 	 	Name: Nicole Ostoya
	 	 	 	 	Title: Chief Executive Officer

 

    	4

    	 

    

 

	State of ________________	)
	 	)  ss.:
	County of ______________	)

 

On the ___ day of ________,
2012 before me personally came ___________________, to me known to be the person who executed the foregoing instrument, and who,
being duly sworn by me did depose and say that he/she is the _________________ of __________________, a __________________,
and that (s)he executed the foregoing instrument on behalf of said corporation and that she had the authority to sign the same,
and (s)he acknowledged to me that (s)he executed the same as the act and deed of said company for the uses and purposes therein
mentioned.

 

	 	 
	Notary Public	 

 

    	5

    	 

    

 

Schedule of Omitted Documents in the
Form of

Exhibit 10.3, Including Material Detail
in

Which Such Documents Differ From Exhibit
10.3

 

 

 

The following documents
do not differ in material detail from the form of Exhibit 10.3, except with respect to the name of the BOLDFACE entity which entered
into the agreement:

 

1.   Guarantee,
dated as of October 17, 2012, issued by BOLDFACE Licensing + Branding in favor of Star Funding, Inc.

 

2.   Guarantee,
dated as of October 17, 2012, issued by BOLDFACE Group, Inc. in favor of Star Funding, Inc.

 

    	6

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