Document:

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                                                                   EXHIBIT 10.21

                             FIRST AMENDMENT TO THE
                          REGISTRATION RIGHTS AGREEMENT

         First Amendment dated as of July 31, 2001 to the Registration Rights
Agreement between REV Holdings Inc., formerly known as Revlon Worldwide
Corporation ("Revlon Worldwide") and Revlon, Inc. (the "Company") dated as of
March 5, 1996 (the "Registration Rights Agreement).

         WHEREAS, Revlon Worldwide and the Company desire to amend the
Registration Rights Agreement; and

         WHEREAS, the Board of Directors of the Company has authorized the
officers of the Company to execute and deliver this First Amendment to the
Registration Rights Agreement;

         NOW, THEREFORE, in consideration of the mutual covenants and agreements
herein contained, the parties agree to amend the Registration Rights Agreement
as follows:

         1. The definition of "Registrable Securities" set forth in Section 1 is
amended by deleting it and replacing it with the following:

         "Registrable Securities" means (a) the Class A Common Stock owned by
          ----------------------
Revlon Worldwide upon completion of the offerings, and the Class A Common Stock
issuable upon the conversion of the Class B Common Stock owned by Revlon
Worldwide upon the completion of the Offerings, (b) any Class A Common Stock
acquired by Revlon Worldwide in the open market or otherwise, including by
transfer or contribution from any affiliate or any newly issued Class A Common
Stock, or any Class A Common Stock issuable upon the conversion of any other
securities of the Company in each case at a time when Revlon Worldwide is deemed
to be an Affiliate (as such term is defined under Rule 144 under the Securities
Act) of the Company so long as (i) such Common Stock has not been transferred by
Revlon Worldwide to a person that is not a Permitted Transferee (as such term is
defined in the Certificate of Incorporation of the Company) and (ii) Revlon
Worldwide or such Permitted Transferee continues to be deemed an Affiliate of
the Company, and (c) any securities issued or issuable in respect of the Class A
Common Stock or Class B Common Stock referred to in clause (a) and (b) above, by
way of stock dividend or stock split or in connection with a combination of
shares, recapitalization, reclassification, merger or consolidation, and any
other securities issued pursuant to any other pro rata distribution with respect
to such Common Stock. For purposes of this Agreement, a Registrable Security
ceases to be a Registrable Security when (x) it has been effectively registered
under the Securities Act and sold or distributed to the public in accordance
with an effective registration statement covering it (and has not been
reacquired in the manner described in clause (b) above), or (y) it is sold or
distributed to the public pursuant to Rule 144 (or any successor or similar
provision) under the Securities Act.

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         2. Except as set forth herein all other terms and conditions of the
Registration Rights Agreement remain unchanged.

         IN WITNESS WHEREOF, the parties hereto have caused this First Amendment
to the Registration Rights Agreement be duly executed by their respective
authorized officers as of the date first above written.

                                    REV Holdings Inc.

                                    By: /s/ Glenn Dickes
                                       -------------------------
                                    Name:    Glenn Dickes
                                    Title:   Vice President

                                    Revlon, Inc.

                                    By: /s/ Robert Kretzman
                                       -------------------------
                                    Name: Robert Kretzman
                                    Title: Senior Vice President<PAGE>
                                                                    EXHIBIT 4(b)
                     FORM OF RIGHTS SUBSCRIPTION CERTIFICATE

                                Registered Holder
                                   LABEL HERE
                          Number of Subscription Rights
                      Number of Shares Owned on Record Date

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                         RIGHTS SUBSCRIPTION CERTIFICATE
                                 UROPLASTY, INC.

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THIS RIGHTS CERTIFICATE IS NOT TRANSFERABLE.
The terms and conditions of Uroplasty's Rights Offering are set forth in its
Prospectus dated March _____, 2002 (the "Prospectus") relating to Subscription
Rights to purchase ("Rights") of Uroplasty, Inc. (the "Company") and are
incorporated in this Certificate by reference. Copies of the Prospectus are
available upon request from the Company. Capitalized terms used in this
certificate without definition have the meanings set forth in the Prospectus.

SUBSCRIPTION PRICE:  $3.00 PER RIGHT
(The number of Rights to which you are entitled is stated on the label above.
You may oversubscribe or undersubscribe as detailed in the Prospectus.)

The Rights represented by this Rights Subscription Certificate, in whole or in
part, may be exercised by completing Sections 1 and 2. Before exercising any
Rights, please read the Prospectus carefully and in its entirety.

VOID and VALUELESS if not received by UROPLASTY, INC. by 5:00 P.M. Minnesota
time ON OR BEFORE MAY ___, 2002.

                                   Page 1 of 8
           Return Entire Rights Certificate No Later Than May __, 2002

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SHAREHOLDERS, WHAT YOU NEED TO DO:

- Read the entire Prospectus carefully.

- The registered holder of Subscription Rights (whose name(s) is/are stated
above) is entitled to subscribe for the number of Subscription Rights shown on
the front of this Certificate.

- For each Right you choose to exercise, you will receive three shares of
Uroplasty, Inc. Common Stock and one warrant to purchase Uroplasty, Inc. Common
Stock. The Subscription Exercise Price is $3.00 for each Right (the
"Subscription Price") held under the terms and subject to the conditions set
forth in the Prospectus.

- Section 1: Complete Section 1 below if you wish to exercise any of your
Subscription Rights.

- Section 2: Complete Section 2 only if you wish to have the Company's Transfer
Agent deliver the shares and warrants, which are to be issued upon the exercise
of the Rights, to another person or delivered to an address other than the one
shown on the first page of this Rights Subscription Certificate. For this
section, be sure to obtain the required signature guarantee by a medallion
institution (such as a participating bank, brokerage firm, or investment
company).

- Telephone Number: Please write clearly and include a daytime telephone number
where you can be reached if the Company has any questions about this
Certificate. The Company is not required to take any action if your instructions
are not clear.

- Payment: In order to exercise your Basic Subscription and Oversubscription
Rights, payment of the full Subscription Price ($3.00 for each Right exercised)
must accompany this properly completed and duly executed Rights Subscription
Certificate.

- Make payments in United States currency by personal check, cashier's check,
bank draft or money order drawn on a bank located in the United States, payable
to: "Uroplasty, Inc."

                                   Page 2 of 8
           Return Entire Rights Certificate No Later Than May __, 2002

<PAGE>

- Please include your rights certificate number, indicated above, on your check,
bank draft, or money order.

-  Delivery:  If you wish to exercise any of your Subscription Rights, return
this entire completed Rights Subscription Certificate document and payment
to:  Uroplasty, Inc., 2718 Summer Street NE, Minneapolis, MN  55413-2820 by
5:00 P.M. Minnesota time on or before May __, 2002.

Dated: March ___, 2002       UROPLASTY, INC.

                        By:  /s/ Daniel G. Holman
                              Daniel G. Holman
                              President/CEO

                        By:  /s/ Susan Hartjes Holman
                             Susan Hartjes Holman
                             Corporate Secretary

ANY EXERCISE OF THESE RIGHTS MAY NOT BE REVOKED.

RIGHTS ARE NOT TRANSFERABLE.

                                   Page 3 of 8
           Return Entire Rights Certificate No Later Than May __, 2002

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                     SECTION 1 -- EXERCISE AND SUBSCRIPTION

The undersigned certifies that the number of shares owned on the record date
stated above is accurate, that none of such shares have been sold or transferred
since that date, and hereby exercises Rights to subscribe for shares and
warrants as indicated below, on the terms and subject to the conditions stated
in the Prospectus, receipt of which is hereby acknowledged.

PLEASE PRINT ALL INFORMATION CLEARLY AND LEGIBLY.

(A) BASIC SUBSCRIPTION PRIVILEGE: Fill in the blanks below if you wish to
exercise any or all of your Basic Subscription Rights. Shareholders who exercise
all of their Rights and subscribe fully are entitled to the Oversubscription
Privilege described in paragraph (B) below.

I/We subscribe and exercise the following number of Rights:

(fill in the shaded boxes)

________________________      x $3.00      = $ _______________

Number of Rights to be      Subscription       Basic
exercised pursuant to       Price              Subscription
the Basic Subscription                         Price
Privilege; may not exceed
the number of Rights
represented by this
Rights Subscription
Certificate

(B)  OVERSUBSCRIPTION PRIVILEGE:  Fill in these blanks if you wish to exercise
any of your Oversubscription Rights.

I/We subscribe for and exercise the following number of additional Rights
pursuant to the Oversubscription Privilege:

                                   Page 4 of 8
           Return Entire Rights Certificate No Later Than May __, 2002

<PAGE>

(fill in the shaded boxes)

_______________________    x $3.00    = $ ______________________
Number of Right to        Subscription      Oversubscription
be exercised              Price             Price
pursuant to the
Oversubscription
Privilege

Add Basic and Oversubscription          $ ______________________
Price                                       Total

(C)  METHOD OF PAYMENT (check one):
     ___  Check, bank draft or money order payable to Uroplasty, Inc.
     ___  Wire transfer directly to the subscription account maintained by
Uroplasty, Inc.
           Wells Fargo Bank Minnesota NA
           Swift Number WFBIUS6S
           ABA Routing Number 091000019
           For credit to Uroplasty, Inc. Rights
           Offering
           Account Number xxxx

(D)  SIGNATURE(S):  Rights Holder(s) please sign and date below.  Signature(s)
of Rights Holder(s) must be exactly as it appears on the face of this
Certificate.  Include daytime telephone number.

_____________________________________________________
Signature 1

__________________, 2002     (    ) ________________
Date                         Area Code & Telephone
                             Number

____________________________________________________
Signature 2

__________________, 2002     (    ) ________________
Date                         Area Code & Telephone
                             Number

                                   Page 5 of 8
           Return Entire Rights Certificate No Later Than May __, 2002

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(E)  ACCEPTANCE BY UROPLASTY:  Uroplasty, Inc. accepts the above subscription
and acknowledges receipt of:

$______________

for _________________ Basic Subscription Rights, and

for _____________________ Oversubscription Rights.

Dated: _____________, 2002     UROPLASTY, INC.

                           By: ______________________
                               Daniel G. Holman
                               President/CEO

                                   Page 6 of 8
           Return Entire Rights Certificate No Later Than May __, 2002

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SECTION 2 -- SPECIAL INSTRUCTIONS ONLY

___ CHECK HERE AND FILL OUT THIS SECTION ONLY IF YOU HAVE SPECIAL ISSUANCE OR
DELIVERY INSTRUCTIONS.

I/We, the undersigned Holder(s) of this Certificate, authorize the Company to
issue and deliver Certificates for the Shares and Warrants subscribed for to the
person(s) and at the address(es) stated below. If this section is completed, the
Rights Holder's signature(s) must be guaranteed by a medallion guarantor.

Name: ____________________________________________
Address: _________________________________________
         _________________________________________
Taxpayer ID or Social Security
Number                          __________________

If held jointly name, address, and TI or SSN of Rights Holder #2:

Name: ____________________________________________
Address: _________________________________________
         _________________________________________
Taxpayer ID or Social Security
Number                          __________________

IMPORTANT:  Rights Holder(s) please sign and date below.  Signature(s) of
Rights Holder(s) must be exactly as it appears on the face of this
Certificate.  Include daytime telephone number.

_____________________________________________________
Signature 1

__________________, 2002     (    ) ________________
Date                         Area Code & Telephone
                             Number

____________________________________________________
Signature 2

__________________, 2002     (    ) ________________
Date                         Area Code & Telephone
                             Number

                                   Page 7 of 8
           Return Entire Rights Certificate No Later Than May __, 2002

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                               SIGNATURE GUARANTEE
                  (to be executed if Section 2 is completed):

The undersigned, an eligible guarantor institution pursuant to Rule 17Ad-15
promulgated under the Securities Exchange Act of 1934, as amended, and a
participant in a Securities Transfer Association recognized signature program,
does hereby guarantee that the signature(s) of the Holder(s) herein above is/are
genuine.

Dated:  _______________________, 2002

    _____________________________________________
    Firm Name (If applicable)

    _____________________________________________
    Authorized Signature

    _____________________________________________
    Name and Title

    _____________________________________________
    _____________________________________________
    Address

    (     ) ______________________________________
    Area Code & Telephone Number

                                   Page 8 of 8
           Return Entire Rights Certificate No Later Than May __, 2002

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