Document:

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                                                                   Exhibit 10.30

                              AMENDED AND RESTATED
                          REGISTRATION RIGHTS AGREEMENT

     THIS AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT is entered into as
of the _____ day of ___________ 2002 (this "Agreement"), by and between OVERHILL
FARMS, INC., a Nevada corporation (the "Company"), and LEVINE LEICHTMAN CAPITAL
PARTNERS II, L.P., a California limited partnership ("LLCP" or the "Purchaser").

                                 R E C I T A L S

     A.   The Company, OVERHILL CORPORATION (formerly known as Polyphase
Corporation and to be known from and after the effective date of the Spin-Off as
Treecon Resources, Inc.), a Nevada corporation, Overhill L.C. Ventures, Inc. and
the Purchaser entered into that certain Securities Purchase Agreement dated as
of November 24, 1999, as amended by that certain Consent and First Amendment to
Securities Purchase Agreement dated as of August 23, 2000, and as further
amended by that certain Second Amendment to Securities Purchase Agreement dated
as of January 11, 2002, that certain Consent and Third Amendment dated as of
January 31, 2002, that certain Fourth Amendment dated as of June 28, 2002, and
that certain Fifth Amendment to Securities Purchase Agreement dated as of
September 11, 2002 (as so amended, the "Original Securities Purchase
Agreement").

     B.   In connection with the initial execution and delivery of the Original
Securities Purchase Agreement, the Company and LLCP entered into that certain
Registration Rights Agreement dated as of November 24, 1999 (the "Original
Registration Rights Agreement").

     C.   Concurrently herewith, the Company, the entities from time to time
parties thereto as Guarantors and LLCP are entering into that certain Amended
and Restated Securities Purchase Agreement dated of even date herewith (as
amended from time to time, the "Securities Purchase Agreement") pursuant to
which, among other things, (a) the parties thereto are amending and restating
the Original Securities Purchase Agreement, the Original Note and the Original
Warrant and (b) at the request of the Company, LLCP is consenting to the
Spin-Off Related Matters, all on the terms and subject to the conditions set
forth therein.

     D.   It is a condition precedent to the effectiveness of the Securities
Purchase Agreement and the Note and LLCP's consent to the Spin-Off Related
Matters that the Company affirm, amend and restate the Original Registration
Rights Agreement, all on the terms and subject to the conditions set forth
herein.

                                A G R E E M E N T

     NOW THEREFORE, in consideration of the mutual covenants and agreements set
forth herein, and for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereby amend and
restate the Original Registration Rights Agreement as follows:

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1.   DEFINITIONS. Unless otherwise indicated, all capitalized terms used in the
Agreement shall have the respective meanings ascribed to them in the Original
Registration Rights Agreement or the Securities Purchase Agreement, as the case
may be. The rules of interpretation and construction specified in Sections 1.2
through 1.6 of the Securities Purchase Agreement shall likewise govern the
interpretation and construction of this Agreement. The following terms shall
have the following meanings:

     "Commission" shall mean the Securities and Exchange Commission, or any
successor agency.

     "Common Stock" shall mean the Common Stock, $.01 par value per share, of
the Company.

     "Company" shall have the meaning set forth in the preamble.

     "Demanding Holder" shall mean LLCP only or, if LLCP is not the holder of a
majority of the Registrable Securities outstanding at any time, the holders of a
majority of the Registrable Securities outstanding at such time.

     "Demand Registration" shall have the meaning specified in Section 2.1(a).

     "Indemnified Party" shall have the meaning specified in Section 4.3.

     "Indemnifying Party" shall have the meaning specified in Section 4.3.

     "LLCP" or "Purchaser" shall have the meaning specified in the preamble.

     "LLCP Indemnified Party" shall have the meaning specified in Section 4.1.

     "Maximum Number of Shares" shall have the meaning specified in Section
2.1(d).

     "Piggy-Back Registration" shall have the meaning specified in Section
2.2(a).

     "Register," "registered" and "registration" shall mean a registration
effected by preparing and filing a registration statement or similar document in
compliance with the Securities Act and the applicable rules and regulations
thereunder, and such registration statement becoming effective.

     "Registrable Securities" shall mean (i) any and all shares of Common Stock
(including any Warrant Shares) issued or issuable upon exercise of any Warrant
(including the November 1999 Warrant and the Fifth Amendment Warrant), (ii) any
shares of Common Stock issued or issuable upon conversion of any shares of
Series A Preferred Stock owned or held by LLCP and (iii) any other shares of
Common Stock acquired by LLCP after the date hereof, whether by purchase, by
exercise, exchange or conversion of any Option Rights or otherwise. The term
"Registrable Securities" shall also include any shares of Common Stock issued or
issuable to LLCP (or its affiliates) as a dividend on, or other distribution
with respect to, any of the securities described in clauses (i) through (iii)
above (whether in connection with any stock dividend, stock split,
recapitalization, merger, consolidation or otherwise) and any other securities
issued or issuable in exchange for, or in replacement of,

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any of the securities described in clauses (i) through (iii) above. As to any
particular Registrable Securities, such securities shall cease to be Registrable
Securities when (i) a registration statement covering such securities shall have
been declared effective under the Securities Act and such securities shall have
been sold pursuant to such registration statement; (ii) such securities shall
have been distributed to the public pursuant to Rule 144 or Rule 144A (or any
successor provisions) under the Securities Act or (iii) such securities shall
have ceased to be outstanding.

     "Registration Statement" means a registration statement filed by the
Company with the Commission in compliance with the Securities Act and the rules
and regulations promulgated thereunder for a public offering and sale of its
Common Stock (other than a registration statement on Form S-8 or Form S-4, or
their successors, or any other form for a limited purpose, or any registration
statement covering only securities proposed to be issued in exchange for
securities or assets of another entity).

     "Securities Act" shall mean the Securities Act of 1933, as amended, and the
rules and regulations of the Commission thereunder, all as the same shall be in
effect at the time.

     "Underwriter" shall mean a securities dealer who purchases any Registrable
Securities as principal in an underwritten offering and not as part of such
dealer's market-making activities.

     "Warrant Shares" shall have the meaning set forth in the Securities
Purchase Agreement. The holder of the Warrant or any portion thereof shall be
deemed to be the holder of the Warrant Shares issuable upon exercise of the
Warrant.

2.   REGISTRATION RIGHTS.

     2.1  Demand Registration.

          (a)   Request for Registration. At any time and from time to time, the
Demanding Holder may make a written request for registration under the
Securities Act of all or part of its Registrable Securities (a "Demand
Registration"). Any such request for a Demand Registration shall specify the
number of shares of Registrable Securities proposed to be sold and the intended
method(s) of distribution thereof. Upon any such request, the Demanding Holder
shall be entitled to have its Registrable Securities included in the Demand
Registration, subject to Section 2.1(d) and the provisos set forth in Section
3.1(a). The Company shall not be obligated to effect more than two (2) Demand
Registrations with respect to the Warrant Shares under this Section 2.1(a).

          (b)   Effective Registration. Except in the case of a withdrawal
governed by the last sentence of Section 2.1(e), a registration will not count
as a Demand Registration until the Registration Statement covering the
Registrable Securities that are the subject of such Demand Registration shall
have been declared effective and the Company shall have complied with all of its
obligations under this Agreement with respect thereto; provided, however, that,
after such Registration Statement has been declared effective, if the offering
of Registrable Securities pursuant to such Demand Registration is interfered
with by any stop order, injunction or other order or requirement of the
Commission or any other

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Governmental Authority, such Demand Registration will be deemed not to have
become effective during the period of such interference.

          (c)   Underwritten Offering. If a Demanding Holder so elects, the
offering of Registrable Securities pursuant to a Demand Registration shall be in
the form of an underwritten offering. The Demanding Holder may select one or
more investment banking firms to act as the managing Underwriter or Underwriters
in connection with such offering and may select any additional managers to be
used in connection with such offering.

          (d)   Reduction of Offering. If the managing Underwriter or
Underwriters for a Demand Registration that is to be an underwritten offering
advises the Company and the Demanding Holder, in writing, that the dollar amount
or number of shares of Registrable Securities which the Demanding Holder desire
to sell, taken together with all other shares of Common Stock or other
securities which the Company desires to sell and the shares of Common Stock, if
any, as to which registration has been requested pursuant to the piggy-back
registration rights, if any, which other shareholders of the Company desire to
sell, exceeds the maximum dollar amount or maximum number of shares that can be
sold in such offering without adversely affecting the proposed offering price,
the timing, the distribution method or the probability of success of such
offering (the "Maximum Number of Shares"), then the Company shall include in
such registration:

                (i)   first, the Registrable Securities as to which Demand
     Registration has been requested by the Demanding Holder (pro rata in
     accordance with the number of shares of Registrable Securities held by each
     Demanding Holder, regardless of the number of shares of Registrable
     Securities which such Demanding Holder has requested be included in such
     registration) that can be sold without exceeding the Maximum Number of
     Shares;

                (ii)  second, to the extent the Maximum Number of Shares has not
     been reached under the foregoing clause (i), the shares of Common Stock or
     other securities that the Company desires to sell that can be sold without
     exceeding the Maximum Number of Shares;

                (iii) third, to the extent the Maximum Number of Shares has not
     been reached under the foregoing clauses (i) and (ii) above, the shares of
     Common Stock for the account of other Shareholders of the Company that the
     Company is obligated to register (to be allocated among the Persons
     requesting inclusion in such registration pursuant to such agreements pro
     rata in accordance with the number of shares of Common Stock with respect
     to which such Persons has the right to request such inclusion under such
     agreements, regardless of the number of shares which such Person has
     actually requested be included in such registration) that can be sold
     without exceeding the Maximum Number of Shares; and

                (iv)  fourth, to the extent the Maximum Number of Shares has not
     been reached under the foregoing clauses (i), (ii) and (iii) above, the
     shares of Common Stock that other shareholders desire to sell that can be
     sold without exceeding the Maximum Number of Shares.

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          (e)   Withdrawal. (i) If the Demanding Holder (or any one of them)
disapproves of the terms of any proposed underwritten public offering or is not
entitled to include all of its Registrable Securities in any such offering, (ii)
the Company takes or omits to take certain action that adversely affects the
registration process or such offering or (iii) there shall occur any adverse
market conditions of the type that is customarily found in underwriting or
similar purchase agreements relating to public offerings and which may be relied
upon by Underwriters or purchasers to terminate such underwriting or purchase
agreement, the Demanding Holder (or any of them) may elect to withdraw their
Registrable Securities from such offering by giving written notice to the
Company of its request to withdraw prior to effectiveness of the Registration
Statement. If the Demanding Holder (or any one of them) withdraws from any
proposed offering for any such reason or reasons, the withdrawing Demanding
Holder shall not be obligated to pay any of the expenses incurred in connection
with such Registration Statement. In addition, the Demanding Holder (or any one
of them) may, by written notice furnished to the Company prior to the effective
date of a Registration Statement, withdraw from any proposed offering relating
to a Demand Registration for any reason (other than those set forth in clauses
(i) through (iii) above) and, in such event, the withdrawing Demanding Holder
shall be obligated to pay its pro rata share (based upon the number of
Registrable Securities to be included in such Registration Statement) of the
expenses incurred in connection with such Registration Statement and such Demand
Registration shall count as a Demand Registration for purposes of Section
2.1(a).

     2.2  Piggy-Back Registration.

          (a)   Piggy-Back Rights. If at any time the Company proposes to file a
Registration Statement under the Securities Act with respect to an offering of
equity securities, or securities convertible into or exercisable or exchangeable
for, equity securities, by the Company for its own account or by shareholders of
the Company for their own account (or by the Company and by shareholders of the
Company) other than a Registration Statement (i) on Form S-4 or S-8 (or any
substitute or successor form that may be adopted by the Commission), (ii) filed
in connection with any employee stock option or other benefit plan, (iii) for an
exchange offer or offering of securities solely to the Company's existing
shareholders or (iv) for a dividend reinvestment plan), then the Company shall
(x) give written notice of such proposed filing to the holders of Registrable
Securities as soon as practicable but in no event less than thirty (30) days
before the anticipated filing date, which notice shall describe the amount and
type of securities to be included in such offering, the intended method(s) of
distribution, and the name of the proposed managing Underwriter or Underwriters,
if any, of the offering; and (y) offer to the holders of Registrable Securities
in such notice the opportunity to register such number of shares of Registrable
Securities as such holders may request in writing within fifteen (15) days
following receipt of such notice (a "Piggy-Back Registration"). The Company
shall cause such Registrable Securities to be included in such registration and
shall use its best efforts to cause the managing Underwriter or Underwriters of
a proposed underwritten offering to permit the Registrable Securities requested
to be included in a Piggy-Back Registration to be included on the same terms and
conditions as any similar securities of the Company and to permit the sale or
other disposition of such Registrable Securities in accordance with the intended
method(s) of distribution thereof.

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          (b)   Reduction of Offering. If the managing Underwriter or
Underwriters for a Piggy-Back Registration that is to be an underwritten
offering of shares for the Company's account advises the Company and the holders
of Registrable Securities in writing that the dollar amount or number of shares
of Common Stock which the Company desires to sell, taken together with the
Registrable Securities as to which registration has been requested hereunder and
the shares of Common Stock, if any, as to which registration has been requested
pursuant to the piggy-back registration rights which other shareholders of the
Company desire to sell, exceeds the Maximum Number of Shares, then the Company
shall include in such registration:

                (i)   first, the shares of Common Stock or other securities that
     the Company desires to sell that can be sold without exceeding the Maximum
     Number of Shares;

                (ii)  second, to the extent the Maximum Number of Shares has not
     been reached under the foregoing clause (i) above, the Registrable
     Securities as to which registration has been or may be requested under this
     Section 2.2; and

                (iii) third, to the extent the Maximum Number of Shares has not
     been reached under the foregoing clauses (i) and (ii) above, the shares of
     Common Stock, if any, as to which registration has been requested pursuant
     to the piggy-back registration rights which such other shareholders desire
     to sell that can be sold without exceeding the Maximum Number of Shares.

          (c)   Withdrawal. Any holder of Registrable Securities may elect to
withdraw such holder's request for inclusion of Registrable Securities in any
Piggy-Back Registration by giving written notice to the Company of such request
to withdraw prior to the effectiveness of the Registration Statement. The
Company may also elect to withdraw a Registration Statement at any time prior to
the effectiveness of the Registration Statement. Notwithstanding any such
withdrawal, the Company shall pay all expenses incurred by the holders of
Registrable Securities in connection with such Piggy-Back Registration as
provided in Section 3.3.

     2.3  Registrations on Form S-3. Notwithstanding anything to the contrary,
LLCP (or the other holders of Registrable Securities) may at any time request in
writing that the Company register the resale of any or all of its Registrable
Securities on a Registration Statement on Form S-3 (or any similar short-form
registration which may be available at such time) (a "Form S-3") if the Company
is then eligible to use such Form. Upon receipt of such written request for
registration of Registrable Securities on Form S-3, the Company will promptly
give written notice of the proposed registration to all other holders of
Registrable Securities, if any, and, as soon as practicable thereafter, effect
the registration of all or such portion of such holder's or holders' Registrable
Securities as are specified in such request, together with all or such portion
of the Registrable Securities of any other holder or holders joining in such
request as are specified in a written request given within fifteen (15) days
after receipt of such written notice from the Company. The Company shall use its
best efforts to maintain each Form S-3 under this Section 2.3 effective for the
longer of (a) sixty (60) days and (b) until the Registrable Securities covered
thereby have been sold.

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Registrations effected pursuant to this Section 2.3 shall not be counted as a
Demand Registration effected pursuant to Section 2.1.

     2.4  Purchase (and Exercise) of the Warrant by the Underwriters.
Notwithstanding any other provision of this Agreement to the contrary, in
connection with any Demand Registration or Piggy-Back Registration which is to
be an underwritten offering, to the extent all or any portion of the Registrable
Securities to be included in such registration consist of shares of Common Stock
issuable upon exercise of the Warrant or any portion thereof, the holders of
such Registrable Securities may require that the Underwriter or Underwriters
purchase (and exercise) the Warrant or any portion thereof rather than require
the holders of the Registrable Securities to exercise the Warrant or portion
thereof in connection with such registration, unless the Underwriters inform
such holders that such a purchase and exercise of the Warrant will materially
and adversely affect the proposed offering. The Company shall take all such
action and provide all such assistance as may be reasonably requested by the
holders of Registrable Securities to facilitate any such purchase (and exercise)
of the Warrant agreed to by the Underwriter or Underwriters, including, without
limitation, issuing the Common Stock issuable upon the exercise of the Warrant
or any portion thereof to be issued within such time period as will permit the
Underwriters to make and complete the distribution contemplated by the
underwriting.

3.   REGISTRATION PROCEDURES.

     3.1  Filings; Information. If and whenever the Company is required to
effect the registration of any Registrable Securities pursuant to Section 2, the
Company shall use its best efforts to effect the registration and sale of such
Registrable Securities in accordance with the intended method(s) of distribution
thereof as expeditiously as practicable, and in connection with any such
request:

          (a)   Filing Registration Statement. The Company shall, as
expeditiously as possible, prepare and file with the Commission, within sixty
(60) days after receipt of a request for a Demand Registration pursuant to
Section 2.1, a Registration Statement on any form for which the Company then
qualifies or which counsel for the Company shall deem appropriate and which form
shall be available for the sale of all Registrable Securities to be registered
thereunder in accordance with the intended method(s) of distribution thereof,
and shall use its best efforts to cause such Registration Statement to become
and remain effective for the period required by Section 3.1(c); provided,
however, that the Company shall have the right to defer such registration for up
to sixty (60) days if the Company shall furnish to the holders a certificate
signed by the Chief Executive Officer of the Company stating that, in the good
faith judgment of the Board of Directors of the Company, it would be materially
detrimental to the Company and its shareholders for such Registration Statement
to be effected at such time; provided further, however, that in the event the
Company elects to exercise such right with respect to any registration, it shall
not have the right to exercise such right again prior to the date which is
twelve (12) months after the date on which the Registration Statement relating
to such deferred registration is declared effective.

          (b)   Copies. The Company shall, prior to filing a Registration
Statement or prospectus, or any amendment or supplement thereto, furnish without
charge to the

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holders of Registrable Securities included in such registration, and such
holders' legal counsel, copies of such Registration Statement as proposed to be
filed, each amendment and supplement to such Registration Statement (in each
case including all exhibits thereto and documents incorporated by reference
therein), the prospectus included in such Registration Statement (including each
preliminary prospectus), and such other documents as the holders of Registrable
Securities included in such registration or legal counsel for any such holders
may request in order to facilitate the disposition of the Registrable Securities
owned by such holders.

          (c)  Amendments and Supplements. The Company shall prepare and file
with the Commission such amendments, including post-effective amendments, and
supplements to such Registration Statement and the prospectus used in connection
therewith as may be necessary to keep such Registration Statement effective and
in compliance with the provisions of the Securities Act until all Registrable
Securities and other securities covered by such Registration Statement have been
disposed of in accordance with the intended method(s) of distribution set forth
in such Registration Statement (which period shall not exceed the sum of one
hundred eighty (180) days plus any period during which any such disposition is
interfered with by any stop order, injunction or other order or requirement of
the Commission or any governmental agency or court) or such securities have been
withdrawn.

          (d)  Notification. After the filing of a Registration Statement, the
Company shall promptly, and in no event more than two (2) Business Days, notify
the holders of Registrable Securities included in such registration statement,
and confirm such advice in writing: (i) when such Registration Statement has
been filed or amended or supplemented and becomes effective, (ii) when any
post-effective amendment to such Registration Statement becomes effective, (iii)
of any stop order issued or threatened by the Commission (and the Company shall
take all actions required to prevent the entry of such stop order or to remove
it if entered) and (iv) of any request by the Commission for any amendment or
supplement to such Registration Statement or any prospectus relating thereto or
for additional information or of the occurrence of an event requiring the
preparation of a supplement or amendment to such prospectus so that, as
thereafter delivered to the purchasers of the securities covered by such
Registration Statement, such prospectus will not contain an untrue statement of
a material fact or omit to state any material fact required to be stated therein
or necessary to make the statements therein not misleading, and promptly make
available to the holders of Registrable Securities included in such Registration
Statement any such supplement or amendment; except that before filing with the
Commission a Registration Statement or prospectus or any amendment or supplement
thereto, including documents incorporated by reference, the Company shall
furnish to the holders of Registrable Securities included in such Registration
Statement and to the legal counsel for any such holders, copies of all such
documents proposed to be filed sufficiently in advance of filing (and in no
event less than three (3) Business Days prior to filing) to provide such holders
and legal counsel with a reasonable opportunity to review such documents and
comment thereon, and the Company shall not file any Registration Statement or
prospectus or amendment or supplement thereto, including documents incorporated
by reference, to which such holders or their legal counsel shall object.

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          (e)  State Securities Laws Compliance. The Company shall use its best
efforts to (i) register or qualify the Registrable Securities covered by the
Registration Statement under such securities or "blue sky" laws of such
jurisdictions in the United States as the holders of Registrable Securities
included in such Registration Statement (in light of their intended plan of
distribution) may request and (ii) cause such Registrable Securities covered by
the Registration Statement to be registered with or approved by such other
Governmental Authorities as may be necessary by virtue of the business and
operations of the Company and do any and all other acts and things that may be
necessary or advisable to enable the holders of Registrable Securities included
in such Registration Statement to consummate the disposition of such Registrable
Securities in such jurisdictions; provided, however, that the Company shall not
be required to qualify generally to do business in any jurisdiction where it
would not otherwise be required to qualify but for this Section 3.1(e), or
subject itself to taxation in any such jurisdiction.

          (f)  Agreements for Disposition. The Company shall enter into
customary agreements (including, if applicable, an underwriting agreement in
customary form) and take such other actions as are reasonably required in order
to expedite or facilitate the disposition of such Registrable Securities. The
representations, warranties and covenants of the Company in any underwriting
agreement which are made to or for the benefit of any Underwriters shall also be
made to and for the benefit of the holders of Registrable Securities included in
such registration statement. No holder of Registrable Securities included in
such registration statement shall be required to make any representations or
warranties in the underwriting agreement except, if applicable, with respect to
such holder's organization, good standing, authority, title to Registrable
Securities, lack of conflict of such sale with such holder's material agreements
and organizational documents, and with respect to written information relating
to such holder that such holder has furnished in writing expressly for inclusion
in such registration statement.

          (g)  Cooperation. The President and Chief Executive Officer of the
Company, the Chief Financial Officer of the Company, any Senior Vice President
of the Company and any other members of the management of the Company shall
cooperate fully in any offering of Registrable Securities hereunder, which
cooperation shall include, without limitation, the preparation of the
Registration Statement with respect to such offering and all other offering
materials and related documents, and participation in meetings with
Underwriters, attorneys, accountants and potential investors.

          (h)  Records. The Company shall make available for inspection by the
holders of Registrable Securities included in such Registration Statement, any
Underwriter participating in any disposition pursuant to such registration
statement and any attorney, accountant or other professional retained by any
holder of Registrable Securities included in such Registration Statement or any
Underwriter, all financial and other records, pertinent corporate documents and
properties of the Company, as shall be necessary to enable them to exercise
their due diligence responsibility, and cause the Company's officers, directors
and employees to supply all information requested by any of them in connection
with such registration statement.

          (i)  Opinions and Comfort Letters. The Company shall furnish to each
holder of Registrable Securities included in any Registration Statement a signed
counterpart,

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addressed to such holder, of (i) any opinion of counsel to the Company delivered
to any Underwriter and (ii) any comfort letter from the Company's independent
public accountants delivered to any Underwriter. In the event no legal opinion
is delivered to any Underwriter, the Company shall furnish to each holder of
Registrable Securities included in such Registration Statement, at any time that
such holder elects to use a prospectus, an opinion of counsel to the Company to
the effect that the Registration Statement containing such prospectus has been
declared effective and that no stop order is in effect.

          (j)  Earnings Statement. The Company shall comply with all applicable
rules and regulations of the Commission and the Securities Act, and make
available to its shareholders, as soon as practicable, an earnings statement
covering a period of twelve (12) months, beginning within three (3) months after
the effective date of the registration statement, which earnings statement shall
satisfy the provisions of Section 11(a) of the Securities Act and Rule 158
thereunder.

          (k)  Listing. The Company shall use its best efforts to cause all
Registrable Securities included in any registration to be listed on such
national securities exchange or otherwise designated for trading in the same
manner as similar securities issued by the Company are then listed or designated
or, if no such similar securities are then listed or designated, in a manner
satisfactory to the holders of a majority of the Registrable Securities included
in such registration.

     3.2  Obligation to Suspend Distribution. Upon receipt of any notice from
the Company of the happening of any event of the kind described in Section
3.1(d)(iv), each holder of Registrable Securities included in any registration
shall immediately discontinue disposition of such Registrable Securities
pursuant to the registration statement covering such Registrable Securities
until such holder receives the supplemented or amended prospectus contemplated
by Section 3.1(d)(iv), and, if so directed by the Company, each such holder will
deliver to the Company all copies, other than permanent file copies then in such
holder's possession, of the most recent prospectus covering such Registrable
Securities at the time of receipt of such notice.

     3.3  Registration Expenses. The Company shall pay all costs and expenses
incurred in connection with any Demand Registration pursuant to Section 2.1
(except as otherwise provided in the last sentence of Section 2.1(e)), any
Piggy-Back Registration pursuant to Section 2.2 and any registration on Form S-3
pursuant to Section 2.3 and all expenses incurred in performing or complying
with its other obligations under this Agreement, whether or not the Registration
Statement becomes effective, including (i) all registration and filing fees;
(ii) fees and expenses of compliance with securities or "blue sky" laws
(including fees and disbursements of counsel in connection with blue sky
qualifications of the Registrable Securities); (iii) printing expenses; (iv) the
Company's internal expenses (including all salaries and expenses of its officers
and employees); (v) the fees and expenses incurred in connection with the
listing of the Registrable Securities as required by Section 3.1(k); (vi)
National Association of Securities Dealers, Inc. fees, if any; (vii) fees and
disbursements of counsel for the Company and fees and expenses for independent
certified public accountants retained by the Company (including the expenses or
costs associated with the delivery of any opinions or comfort letters requested
pursuant to Section 3.1(i)); (viii) the fees and expenses of any special experts
retained by the Company

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in connection with such registration; (ix) the cost of selling stockholder
errors and omissions insurance for the benefit of LLCP and the other holders of
Registrable Securities included in the applicable registration in any amount
equivalent to the gross proceeds to be received by LLCP and such other holders
in connection with any registration under Sections 2.1, 2.2 and 2.3, on terms
and conditions satisfactory to LLCP, and (x) all fees and expenses incurred by
LLCP in connection with its participation in such registration, including the
fees and expenses of LLCP's and the other holder's legal counsel, accountants
and other experts selected by LLCP. The Company shall have no obligation to pay
any underwriting fees, discounts or selling commissions attributable to the
Registrable Securities being sold by the holders of Registrable Securities,
which expenses shall be borne by such holders as to its respective Registrable
Securities.

     3.4  Information. The holders of Registrable Securities shall provide such
information as reasonably requested by the Company in connection with the
preparation of any registration statement, including amendments and supplements
thereto, in order to effect the registration of any Registrable Securities under
the Securities Act pursuant to Section 2.

4.   INDEMNIFICATION AND CONTRIBUTION.

     4.1  Indemnification by the Company. The Company agrees to indemnify and
hold harmless LLCP and each other holder of Registrable Securities, and each of
their respective officers, employees, Affiliates (including Levine Leichtman
Capital Partners, Inc.), directors, partners (general and limited), members,
attorneys and agents, and each Person, if any, who controls LLCP and each other
holder of Registrable Securities (within the meaning of Section 15 of the
Securities Act or Section 20 of the Exchange Act) (each, an "LLCP Indemnified
Party"), from and against any expenses, losses, judgments, claims, damages or
liabilities, whether joint or several, to which any LLCP Indemnified Party may
become subject insofar as such expense, loss, judgment, claim, damage or
liability arises out of, or based upon, (a) any untrue statement (or alleged
untrue statement) of a material fact contained in any Registration Statement
under which such Registrable Securities were registered under the Securities
Act, any preliminary prospectus, final prospectus or summary prospectus
contained in the Registration Statement, or any amendment or supplement to such
Registration Statement, (b) any omission (or alleged omission) to state a
material fact required to be stated therein or necessary to make the statements
therein not misleading, or (c) any violation by the Company of the Securities
Act or any rule or regulation promulgated thereunder applicable to the Company
and relating to action or inaction required of the Company in connection with
any such registration; the Company shall promptly, but in no event more than
five (5) Business Days after request for payment, pay directly or reimburse each
LLCP Indemnified Party for any legal and any other expenses reasonably incurred
by such LLCP Indemnified Party in connection with investigating and defending
any such expense, loss, judgment, claim, damage, liability or action; provided,
however, that the Company will not be liable in any such case to the extent that
any such expense, loss, claim, damage or liability arises out of or is based
upon any untrue statement or omission made in such Registration Statement,
preliminary prospectus, final prospectus, or summary prospectus, or any such
amendment or supplement, in reliance upon and in conformity with information
furnished to the Company, in writing, by such selling holder and stated to be
specifically for use therein. The Company also shall indemnify any Underwriter
of the Registrable Securities, their officers, affiliates, directors, partners,
members and agents and

                                      -11-

<PAGE>

each Person who controls such Underwriters on substantially the same basis as
that of the indemnification provided above in this Section 4.1.

     4.2  Indemnification by Holders of Registrable Securities. Each selling
holder of Registrable Securities will, in the event that any Registrable
Securities held by such selling holder as to which any registration is being
effected under the Securities Act pursuant to this Agreement, indemnify and hold
harmless (severally and not jointly) the Company, each of its directors and
officers and each Underwriter (if any), and each other Person, if any, who
controls such selling holder or such Underwriter within the meaning of the
Securities Act, against any losses, claims, judgments, damages or liabilities,
whether joint or several, insofar as such losses, claims, judgments, damages or
liabilities (or actions in respect thereof) arise out of or are based upon any
untrue statement of a material fact contained in any Registration Statement
under which such Registrable Securities were registered under the Securities
Act, any preliminary prospectus, final prospectus or summary prospectus
contained in the Registration Statement, or any amendment or supplement to the
Registration Statement, or arise out of or are based upon any omission to state
a material fact required to be stated therein or necessary to make the statement
therein not misleading, if the statement or omission was made in reliance upon
and in conformity with information furnished in writing to the Company by such
selling holder and stated to be specifically for use therein, and shall, within
five (5) Business Days after a request therefor, reimburse the Company, its
directors and officers, and each such controlling Person for any legal or other
expenses reasonably incurred by any of them in connection with investigation or
defending any such loss, claim, damage, liability or action. Notwithstanding
anything to the contrary, in no event shall any holder of Registrable Securities
be liable or responsible for any amount in excess of the net proceeds actually
received by such holder from the sale of Registrable Securities.

     4.3  Conduct of Indemnification Proceedings. Promptly after receipt by any
Person of any written notice of any loss, claim, damage or liability or any
action in respect of which indemnity may be sought pursuant to Section 4.1 or
4.2, such Person (the "Indemnified Party") shall, if a claim in respect thereof
is to be made against any other Person for indemnification hereunder, notify
such other Person (the "Indemnifying Party") in writing of the loss, claim,
judgment, damage, liability or action; provided, however, that the failure by
the Indemnified Party to notify the Indemnifying Party shall not relieve the
Indemnifying Party from any liability which the Indemnifying Party may have to
such Indemnified Party hereunder, except to the extent the Indemnifying Party is
actually prejudiced by such failure. If the Indemnified Party is seeking
indemnification with respect to any claim or action brought against the
Indemnified Party, then the Indemnifying Party shall be entitled to participate
in such claim or action, and, to the extent that it wishes, jointly with all
other Indemnifying Parties, to assume the defense thereof with counsel
satisfactory to the Indemnified Party. After notice from the Indemnifying Party
to the Indemnified Party of its election to assume the defense of such claim or
action, the Indemnifying Party shall not be liable to the Indemnified Party for
any legal or other expenses subsequently incurred by the Indemnified Party in
connection with the defense thereof other than reasonable costs of
investigation; provided, however, that in any action in which both the
Indemnified Party and the Indemnifying Party are named as defendants, the
Indemnified Party shall have the right to employ separate counsel (but no more
than one such separate counsel) to represent the Indemnified Party and its
controlling Persons who

                                      -12-

<PAGE>

may be subject to liability arising out of any claim in respect of which
indemnity may be sought by the Indemnified Party against the Indemnifying Party,
with the fees and expenses of such counsel to be paid by such Indemnifying Party
if, based upon the written opinion of counsel of such Indemnified Party,
representation of both parties by the same counsel would be inappropriate due to
actual or potential differing interests between them. No Indemnifying Party
shall, without the prior written consent of the Indemnified Party (which consent
shall not be unreasonably withheld), consent to entry of judgment or effect any
settlement of any claim or pending or threatened proceeding in respect of which
the Indemnified Party is or could have been a party and indemnity could have
been sought hereunder by such Indemnified Party, unless such judgment or
settlement includes an unconditional release of such Indemnified Party from all
liability arising out of such claim or proceeding.

     4.4  Contribution. If the indemnification provided for in the foregoing
Sections 4.1, 4.2 and 4.3 is unavailable to any Indemnified Party in respect of
any loss, claim, damage, liability or action referred to herein, then each such
Indemnifying Party, in lieu of indemnifying such Indemnified Party, shall
contribute to the amount paid or payable by such Indemnified Party as a result
of such loss, claim, damage, liability or action in such proportion as is
appropriate to reflect the relative fault of the Indemnified Parties and the
Indemnifying Parties in connection with the actions or omissions which resulted
in such loss, claim, damage, liability or action, as well as any other relevant
equitable considerations. The relative fault of any Indemnified Party and any
Indemnifying Party shall be determined by reference to, among other things,
whether the untrue or alleged untrue statement of a material fact or the
omission or alleged omission to state a material fact relates to information
supplied by such Indemnified Party or such Indemnifying Party and the parties'
relative intent, knowledge, access to information and opportunity to correct or
prevent such statement or omission.

          The parties agree that it would not be just and equitable if
contribution pursuant to this Section 4.4 were determined by pro rata allocation
or by any other method of allocation which does not take account of the
equitable considerations referred to in the immediately preceding paragraph. The
amount paid or payable by an Indemnified Party as a result of any loss, claim,
damage, liability or action referred to in the immediately preceding paragraph
shall be deemed to include, subject to the limitations set forth above, any
legal or other expenses incurred by such Indemnified Party in connection with
investigating or defending any such action or claim. Notwithstanding anything to
the contrary, in no event shall any holder of Registrable Securities be required
to contribute any amount in excess of the net proceeds actually received by such
holder from the sale of Registrable Securities which gave rise to such
contribution obligation. No Person guilty of fraudulent misrepresentation
(within the meaning of Section 11(f) of the Securities Act) shall be entitled to
contribution from any Person who was not guilty of such fraudulent
misrepresentation.

5.   UNDERWRITING AND DISTRIBUTION.

     5.1  Rule 144. The Company covenants that it shall file any reports
required to be filed by it under the Securities Act and the Exchange Act and
shall take such further action as the holders of Registrable Securities may
reasonably request, all to the extent required

                                      -13-

<PAGE>

from time to time to enable such holders to sell Registrable Securities without
registration under the Securities Act within the limitation of the exemptions
provided by Rule 144 or Rule 144A under the Securities Act, as such Rules may be
amended from time to time, or any similar Rule or regulation hereafter adopted
by the Commission.

     5.2   Restrictions on Sale by the Company and Others. The Company agrees
(a) not to effect any sale or distribution of any securities similar to those
being registered in accordance with Section 2.1, or any securities convertible
into or exchangeable or exercisable for such securities, during the ninety (90)
days prior to, and during the one hundred twenty (120) day period beginning on,
the effective date of any Demand Registration (except as part of such Demand
Registration to the extent permitted by Section 2.1(d)); and (b) that any
agreement entered into after the date hereof pursuant to which the Company
issues or agrees to issue any privately placed securities shall contain a
provision under which holders of such securities agree not to effect any sale or
distribution of any such securities during the periods described in (i) above,
in each case including a sale pursuant to Rule 144 under the Securities Act
(except as part of any such registration, if permitted); provided, however, that
the provisions of this Section 5.2 shall not prevent the conversion or exchange
of any securities pursuant to their terms into or for other securities and shall
not prevent the issuance of securities by the Company under any employee
benefit, stock option or stock subscription plans.

6.   MISCELLANEOUS.

     6.1   Other Registration Rights.

           (a) The Company represents and warrants to LLCP that no Person has
any right to require the Company to register shares of the Company's capital
stock for sale or to include shares of the Company's capital stock in any
registration statement filed by the Company for the sale of shares of capital
stock for its own account or for the account of any other Person.

           (b) From and after the date hereof, the Company shall not, without
the prior written consent of LLCP: (i) enter into any agreement granting any
demand registration right (i.e., the right to require the Company to register
the sale of any shares of the Company's capital stock), (ii) enter into any
agreement granting any piggy-back registration right (i.e., the right to require
the Company to register the sale of any shares of the Company's capital stock in
any registration filed by the Company for the sale of shares of capital stock
for its own account or for the account of any other Person) which is
inconsistent with, equal to or superior to any registration rights granted
hereunder or (iii) enter into any agreement that adversely affects the rights
granted to LLCP or the other holders of Registrable Securities.

     6.2   Successors and Assigns. The rights and obligations of LLCP under this
Agreement shall be freely assignable in whole or in part. Each such assignee, by
accepting such assignment of the rights of the assignor hereunder, shall be
deemed to have agreed to and be bound by the obligations of the assignor
hereunder. The rights and obligations of the Company hereunder may not be
assigned or delegated.

                                      -14-

<PAGE>

     6.3   Notices. All notices, requests, demands and other communications
which are required or may be given under this Agreement shall be in writing and
shall be deemed to have been duly given if transmitted by telecopier with
receipt acknowledged, or upon delivery, if delivered personally or by recognized
commercial courier with receipt acknowledged, or upon the expiration of 72 hours
after mailing, if mailed by registered or certified mail, return receipt
requested, postage prepaid, addressed as follows:

           (i)      If to LLCP, to:

                    Levine Leichtman Capital Partners II, L.P.
                    c/o Levine Leichtman Capital Partners, Inc.
                    335 North Maple Drive, Suite 240
                    Beverly Hills, CA 90210
                    Attention: Arthur E. Levine, President
                    Telephone: (310) 275-5335
                    Telecopier: (310) 275-1441

                    with a copy to:

                    Irell & Manella LLP
                    1800 Avenue of the Stars, Suite 900
                    Los Angeles, CA 90067
                    Attention: Mitchell S. Cohen, Esq.
                    Telephone: (310) 203-7579
                    Telecopier: (310) 203-7199

           (ii)     If to any other holder of Registrable Securities (including
                    any assignee of LLCP), to such holder's (or assignee's)
                    address as shown on the books of the Company

           (iii)    If to the Company, at:

                    Overhill Farms, Inc.
                    2727 East Vernon Avenue
                    Vernon, CA 90058
                    Attention: James Rudis
                    Telephone: (323) 582-9977
                    Telecopier: (323) 582-6418

                    with a copy to:

                    Albert B. Greco, Jr., Esq.
                    16901 N. Dallas Parkway, Suite 230
                    Addison, TX 75001-5246
                    Telephone: (972) 818-7343
                    Telecopier: (972) 878-7333

or at such other address or addresses as the Purchaser or the Company, as the
case may be, may specify by written notice given in accordance with this Section
6.3.

                                      -15-

<PAGE>

     6.4   Severability. In case any provision of this Agreement shall be
invalid, illegal or unenforceable, the validity, legality and enforceability of
the remaining provisions shall not in any way be affected or impaired thereby.

     6.5   Counterparts. This Agreement may be executed in two or more
counterparts and by facsimile, each of which shall be an original, but all of
which together shall constitute one and the same instrument.

     6.6   Waivers and Amendments. No provision of this Agreement may be waived
except by a statement in writing signed by the party against which enforcement
is sought. No amendment, supplement or other modification to this Agreement
shall be effective unless the same shall be in writing and signed by the
parties.

     6.7   Remedies. In the event that the Company fails to observe or perform
any covenant or agreement to be observed or performed under this Agreement, LLCP
or any other holder of Registrable Securities may proceed to protect and enforce
its rights by suit in equity or action at law, whether for specific performance
of any term contained in this Agreement or for an injunction against the breach
of any such term or in aid of the exercise of any power granted in this
Agreement or to enforce any other legal or equitable right, or to take any one
or more of such actions. The Company agrees to pay all fees, costs, and
expenses, including, without limitation, fees and expenses of attorneys,
accountants and other experts, and all fees, costs and expenses of appeals,
incurred by LLCP or any other holder of Registrable Securities in connection
with the enforcement of this Agreement or the collection or any sums due
hereunder, whether or not suit is commenced. None of the rights, powers or
remedies conferred under this Agreement shall be mutually exclusive, and each
such right, power or remedy shall be cumulative and in addition to any other
right, power or remedy whether conferred by this Agreement or now or hereafter
available at law, in equity, by statute or otherwise.

     6.8   Governing Law. IN ALL RESPECTS, INCLUDING ALL MATTERS OF
CONSTRUCTION, VALIDITY AND PERFORMANCE, THIS AGREEMENT SHALL BE GOVERNED BY, AND
CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF
CALIFORNIA APPLICABLE TO CONTRACTS MADE AND PERFORMED IN THAT STATE (WITHOUT
REGARD TO THE CHOICE OF LAW OR CONFLICTS OF LAW PROVISIONS THEREOF) AND ANY
APPLICABLE LAWS OF THE UNITED STATES OF AMERICA.

     6.9   Termination of Rights. This Agreement, and the rights and obligations
of the parties hereunder, shall terminate on the seventh anniversary of the date
hereof; provided, however, that the rights and obligations of the parties under
Section 4 (Indemnification and Contribution) shall expressly survive the
termination hereof.

7.   Amendment and Restatement. Effective on and as of the Effective Date, this
Agreement shall supersede the Original Registration Rights Agreement insofar as
the two are inconsistent. However, the execution and delivery of this Agreement
shall not excuse, or constitute a waiver of, any Defaults or Events of Default
under the Original Registration Rights Agreement, it being understood that this
Agreement is not a termination of the Original Registration Rights Agreement,
but is a modification (and, as modified, a

                                      -16-

<PAGE>

continuation) of the Original Registration Rights Agreement. The Company
acknowledges and agrees that the Original Registration Rights Agreement, as
amended and restated hereby, is affirmed in all respects.

8.   Waiver of Jury Trial. EACH PARTY HEREBY KNOWINGLY, INTENTIONALLY AND
VOLUNTARILY, WITH AND UPON THE ADVICE OF COMPETENT COUNSEL, WAIVES, RELINQUISHES
AND FOREVER FORGOES THE RIGHT TO A TRIAL BY JURY IN ANY ACTION, SUIT OR OTHER
PROCEEDING BASED UPON, ARISING OUT OF OR IN ANY WAY RELATING TO (a) THIS
AGREEMENT, THE SECURITIES PURCHASE AGREEMENT OR ANY OTHER INVESTMENT DOCUMENT,
INCLUDING ANY PRESENT OR FUTURE AMENDMENT THEREOF, OR ANY OF THE TRANSACTIONS
CONTEMPLATED BY OR RELATED TO THIS AGREEMENT, THE SECURITIES PURCHASE AGREEMENT
OR ANY OTHER INVESTMENT DOCUMENT, OR (b) ANY CONDUCT, ACT OR OMISSION OF THE
PARTIES OR THEIR AFFILIATES (OR ANY OF THEM) WITH RESPECT TO THIS AGREEMENT OR
ANY OTHER INVESTMENT DOCUMENTS, INCLUDING ANY PRESENT OR FUTURE AMENDMENT
THEREOF, WHETHER SOUNDING IN CONTRACT, TORT OR OTHERWISE, REGARDLESS OF WHICH
PARTY INITIATES SUCH ACTION, SUIT OR OTHER PROCEEDING; AND EACH PARTY HEREBY
AGREES AND CONSENTS THAT ANY SUCH ACTION, SUIT OR OTHER PROCEEDING SHALL BE
DECIDED BY A COURT TRIAL WITHOUT A JURY, AND THAT ANY PARTY MAY FILE AN ORIGINAL
COUNTERPART OR A COPY OF THIS SECTION WITH ANY COURT AS WRITTEN EVIDENCE OF THE
CONSENT OF THE PARTIES TO THE WAIVER OF ANY RIGHT THEY MIGHT OTHERWISE HAVE TO
TRIAL BY JURY.

                     [REST OF PAGE INTENTIONALLY LEFT BLANK]

                                      -17-

<PAGE>

     IN WITNESS WHEREOF, the parties have caused this Agreement to be executed
and delivered by their duly authorized representatives as of the date first
written above.

                                      COMPANY

                                      OVERHILL FARMS, INC., a Nevada corporation

                                      By: ______________________________________
                                          James Rudis
                                          President and Chief Executive Officer

                                      By: ______________________________________
                                          Richard A. Horvath
                                          Senior Vice President and Chief
                                          Financial Officer

                                      LLCP

                                      LEVINE LEICHTMAN CAPITAL PARTNERS II,
                                      L.P., a California limited partnership

                                      By: LLCP California Equity Partners II,
                                          L.P., a California limited
                                          partnership, its General Partner

                                          By: Levine Leichtman Capital Partners,
                                              Inc., a California corporation,
                                              its General Partner

                                          By:__________________________________
                                              Arthur E. Levine
                                              President

                                      -18-<PAGE>

                                                                   Exhibit 10.31

THE OBLIGATIONS UNDER THIS SECURITY AGREEMENT ARE SUBORDINATED TO THE CLAIMS OF
UNION BANK OF CALIFORNIA, N.A. ("UBOC") PURSUANT TO AND IN ACCORDANCE WITH THE
TERMS OF THAT CERTAIN AMENDED AND RESTATED INTERCREDITOR AND SUBORDINATION
AGREEMENT DATED OF EVEN DATE HEREWITH BETWEEN SECURED PARTY (AS DEFINED BELOW)
AND UBOC, AS AMENDED.

                     AMENDED AND RESTATED SECURITY AGREEMENT

     THIS AMENDED AND RESTATED SECURITY AGREEMENT dated as of _____________,
2002 (this "Agreement"), is made by OVERHILL FARMS, INC., a Nevada corporation
(the "Company"), and OVERHILL L.C. VENTURES, INC., a California corporation
("Overhill Ventures" and, together with the Company, and any future direct or
indirect Subsidiaries of Company and Overhill Ventures from time to time party
hereto, the "Debtors" and, individually, a "Debtor") in favor of LEVINE
LEICHTMAN CAPITAL PARTNERS II, L.P., a California limited partnership ("Secured
Party").

                                    RECITALS

     A.  The Company, OVERHILL CORPORATION (formerly known as Polyphase
Corporation and to be known from and after the effective date of the Spin-Off as
Treecon Resources, Inc.), a Nevada corporation ("TreeCon"), Overhill Ventures
and the Purchaser entered into that certain Securities Purchase Agreement dated
as of November 24, 1999, as amended by that certain Consent and First Amendment
to Securities Purchase Agreement dated as of August 23, 2000, and as further
amended by that certain Second Amendment to Securities Purchase Agreement dated
as of January 11, 2002, that certain Consent and Third Amendment dated as of
January 31, 2002, that certain Fourth Amendment dated as of June 28, 2002, and
that certain Fifth Amendment to Securities Purchase Agreement dated as of
September 11, 2002 (as so amended, the "Original Securities Purchase
Agreement").

     B.  In connection with the execution and delivery of the Original
Securities Purchase Agreement, the Company executed and delivered to Secured
Party that certain Security Agreement dated as of November 24, 1999, as amended
by that certain Amendment to Security Agreement dated as of June 28, 2002 (as so
amended, the "Company Security Agreement"), and Overhill Ventures executed and
delivered to Secured Party that certain Security Agreement dated as of November
24, 1999, as amended by that certain Amendment to Security Agreement dated as of
June 28, 2002 (as so amended, the "Ventures Security Agreement").

     C.  The Company, the entities from time to time parties thereto as
Guarantors (including Overhill Ventures) and Secured Party are concurrently
entering into that certain Amended and Restated Securities Purchase Agreement
dated of even date herewith (as amended from time to time, the "Securities
Purchase Agreement") pursuant to which, among other things, (a) the parties
thereto are amending and restating the Original Securities Purchase Agreement,
the Original Note and the Original Warrant and (b) at the request of

<PAGE>

the Company, LLCP is consenting to the Spin-Off Related Matters, all on the
terms and subject to the conditions set forth therein.

     D.  The Company, Overhill Ventures and their Subsidiaries are members of a
consolidated group of entities whose success is mutually interdependent, and
each of the Company, Overhill Ventures and their Subsidiaries has derived, and
expects to continue to derive, substantial direct and indirect benefits from the
proceeds of the borrowings made available to the Company under the Note.

     E.  It is a condition precedent to Secured Party's agreement to consent to
the Spin-Off Related Transactions that the Debtors agree to affirm, amend,
restate and combine into a single agreement the Company Security Agreement and
the Ventures Security Agreement, all on the terms and subject to the conditions
set forth herein.

                                    AGREEMENT

     NOW, THEREFORE, in consideration of the foregoing premises and the mutual
consents and agreements contained herein and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereby amend and restate the Company Security Agreement and the Ventures
Security Agreement as follows:

     1.  Definitions. Unless otherwise defined, all capitalized terms used in
this Agreement without definition shall have the respective meanings ascribed to
them in the Securities Purchase Agreement, the Company Security Agreement or the
Ventures Security Agreement, as the case may be. The rules of interpretation and
construction set forth in Sections 1.2 through 1.6 of the Securities Purchase
Agreement shall likewise govern the interpretation and construction of this
Agreement. In addition, the following capitalized terms shall have the following
respective meanings:

         "Account Debtor" means any Person who may become obligated to any
Person under, with respect to, or on account of, an Account, Chattel Paper or
General Intangible (including a Payment Intangible).

         "Accounts" means all "accounts," as such term is defined in the UCC,
now owned or hereafter acquired by any Person, including (a) all accounts
receivable, other receivables, book debts and other forms of obligations (other
than forms of obligations evidenced by Chattel Paper or Instruments) (including
any such obligations that may be characterized as an account or contract right
under the UCC), (b) all of such Person's rights in, to and under all purchase
orders or receipts for goods or services, (c) all of such Person's rights to any
goods represented by any of the foregoing (including unpaid sellers' rights of
rescission, replevin, reclamation and stoppage in transit and rights to
returned, reclaimed or repossessed goods), (d) all rights to payment due or to
become due to such Person for Goods or other property sold, leased, licensed,
assigned or otherwise disposed of, for a policy of insurance issued or to be
issued, for a secondary obligation incurred or to be incurred, for energy
provided or to be provided, for the use or hire of a vessel under a charter or
other contract, arising out of the use of a credit card or charge card, or for
services rendered or to be rendered by such Person or in connection with any
other transaction (whether or not yet earned by performance on the part of such
Person), (e) all health care insurance receivables,

                                      -2-

<PAGE>

and (f) all collateral security of any kind, given by any Account Debtor or any
other Person with respect to any of the foregoing.

         "Books and Records" means, with respect to any Person, all books,
records, board minutes, contracts, licenses, insurance policies, environmental
audits, business plans, files, accounting books and records, financial
statements (actual and pro forma), and filings with Governmental Authorities.

         "Chattel Paper" means all "chattel paper," as such term is defined in
the UCC and including both tangible and electronic chattel paper, now owned or
hereafter acquired by any Person, wherever located.

         "Claim" means any and all: (a) suits, actions, or proceedings in any
court or forum, at law, in equity or otherwise; (b) costs, fines, deficiencies,
or penalties; (c) asserted claims or demands by any Person; (d) arbitration
demands, proceedings, or awards; (e) damages, losses, liabilities, and expenses
(including reasonable attorneys' fees and disbursements and other costs of
collection, defense, or appeal); (f) enforcement of rights and remedies; or (g)
criminal, civil, or regulatory investigations.

         "Collateral" means any personal property or other assets, now existing
or hereafter acquired, real or personal, tangible or intangible, and whether
owned by, consigned to, or held by, or under the care, custody or control of any
Debtor, including all money, cash, cash equivalents, Accounts, Deposit Accounts,
other bank and deposit accounts (including any bank accounts maintained by any
Debtor or any of its Subsidiaries) and deposits, Investment Property, Inventory,
Equipment, Fixtures, Goods, Chattel Paper, Documents, Instruments, letters of
credit, Letter of Credit Rights, Supporting Obligations, Commercial Tort Claims,
Books and Records, real property interests, leasehold estates in real property
of Debtor, as lessee, General Intangibles (including all Intellectual Property,
Claims, Payment Intangibles, contract rights, choses in action, and Software),
and all of Debtors' other interests in property of every kind and description,
and the products, profits, rents of, dividends or distributions on, accessions
to, and all Proceeds (including tort claims, insurance claims and insurance
proceeds) of any of the foregoing, regardless of whether the Collateral, or any
portion of it, is property as to which the UCC provides the perfection of a
security interest, and all rights and remedies applicable to such property, but
excluding in all events, Hazardous Materials.

         "Collection Accounts" means any of the bank accounts in the name of any
Debtor maintained at Senior Lender and designated as collection accounts in the
Senior Credit Documents.

         "Commercial Tort Claim" means all "commercial tort claims," as such
term is defined in the UCC, now owned or hereafter acquired by any Person.

         "Control Account" means the "Control Account," as defined in the Senior
Credit Documents.

         "Control Letter" means a letter agreement between Secured Party and (i)
the issuer of uncertificated securities with respect to uncertificated
securities in the name of Debtor or any of its Subsidiaries, (ii) a securities
intermediary with respect to securities,

                                      -3-

<PAGE>

whether certificated or uncertificated, securities entitlements and other
financial assets held in a securities account in the name of Debtor or any of
its Subsidiaries, (iii) a futures commission merchant or clearing house, as
applicable, with respect to commodity accounts and commodity contracts held by
Debtor or any of its Subsidiaries, whereby in each case, among other things, the
issuer, securities intermediary or futures commission merchant disclaims any
security interest in the applicable financial assets, acknowledges the Lien of
Secured Party on such financial assets, and agrees to follow the instructions or
entitlement orders of Secured Party without further consent by Debtor or any of
its Subsidiaries.

         "Deposit Accounts" means all "deposit accounts," as such term is
defined in the UCC, now or hereafter held in the name of any Person.

         "Disbursement Account" means the "Disbursement Account," as defined in
the Senior Credit Documents.

         "Documents" means all "documents," as such term is defined in the UCC,
wherever located, and all of the following, whether or not "documents" as
defined in the UCC: all bills of lading, dock warrants, dock receipts, warehouse
receipts, and other documents of title, whether negotiable or non-negotiable.

         "Equipment" means all "equipment," as such term is defined in the UCC,
wherever located, and all of the following, whether or not "equipment" as
defined in the UCC: all machinery and equipment, including processing equipment,
conveyors, machine tools, data processing and computer equipment with software
and peripheral equipment, and all engineering, processing, and manufacturing
equipment, office machinery, furniture, materials handling equipment, tools,
attachments, accessories, automotive equipment, trailers, trucks, forklifts,
molds, dies, stamps, motor vehicles, rolling stock, and other equipment of every
kind and nature, trade fixtures, and fixtures, together with all additions and
accessions thereto, replacements therefor, all parts therefor, all substitutes
for any of the foregoing, fuel therefor, and all manuals, drawings,
instructions, warranties, and rights with respect thereto.

         "Fiscal Month" means any of the monthly accounting periods of the
Company.

         "Fixtures" means "fixtures," as such term is defined in the UCC.

         "General Intangibles" means all "general intangibles," as such term is
defined in the UCC, now owned or hereafter acquired by any Person, including all
right, title and interest which such Person may now or hereafter have in or
under any Contract, all Payment Intangibles, Licenses, Intellectual Property,
interests in partnerships, joint ventures and other business associations,
permits, proprietary or confidential information, inventions (whether or not
patented or patentable), technical information, procedures, designs, knowledge,
know-how, software, data bases, data, skill, expertise, experience, processes,
models, drawings, materials, Books and Records, Goodwill (including Goodwill
associated with any Intellectual Property), all rights and claims in or under
insurance policies (including insurance for fire, damage, loss, and casualty,
whether covering personal property, real property, tangible rights or intangible
rights, all liability, life, key-person, and

                                      -4-

<PAGE>

business interruption insurance, and all unearned premiums), uncertificated
securities, choses in action, deposit accounts, rights to receive tax refunds
and other payments, rights to receive dividends, distributions, cash,
Instruments, and other property in respect of or in exchange for pledged Stock,
Investment Property or other equity interests, and rights of indemnification.

         "Goods" means all "goods," as such term is defined in the UCC, now
owned or hereafter acquired by any Person, wherever located, including embedded
software to the extent included in "goods" as defined in the UCC, manufactured
homes, standing timber that is cut and removed for sale and unborn young of
animals.

         "Goodwill" means all goodwill, trade secrets, proprietary or
confidential information, technical information, procedures, formulae, quality
control standards, designs, operating and training manuals, customer lists, and
distribution agreements.

         "Instruments" means all "instruments," as such term is defined in the
UCC, wherever located, and all of the following, whether or not "instruments" as
defined in the UCC: all certificated securities, all certificates of deposit,
and all promissory notes and other evidences of indebtedness.

         "Intellectual Property" means all of the following: (a) patents,
trademarks, trade dress, trade names, service marks, copyrights, trade secrets,
and all other intellectual property or Licenses thereof; and (b) all Proceeds of
the foregoing.

         "Inventory" means all "inventory," as such term is defined in the UCC,
now owned or hereafter acquired by any Person, wherever located, including all
goods, merchandise and other personal property held for sale or lease by any
Person, or which is furnished by such Person under any contract of service or is
held by such Person as raw materials, work or goods in process, finished goods,
returned goods or materials and supplies of every nature used or consumed or to
be used or consumed by such Person in the ordinary course of its business
including all embedded software, whether now owned or hereafter acquired by such
Person.

         "Investment Property" means all "investment property," as such term is
defined in the UCC, and all of the following, whether or not "investment
property" as defined in the UCC: (a) all securities, whether certificated or
uncertificated, including stocks, bonds, treasuries, certificates of deposit,
and mutual fund shares; (b) all securities entitlements of such Person,
including the rights of such Person to any securities account and the financial
assets held by a securities intermediary in such securities account and any free
credit balance or other money owing by any securities intermediary with respect
to that account; (c) all interests in limited liability companies and
partnership interests, whether or not such interests constitute securities; (d)
all securities contracts held by any Person; and (e) all commodity contracts
held by any Person.

         "Joinder Agreement" means an agreement, in substantially the form
attached hereto as Exhibit A, pursuant to which each direct and indirect future
Subsidiary of the Debtors shall become a party to this Agreement.

                                      -5-

<PAGE>

         "Letter of Credit" means an irrevocable commercial or standby letter of
credit.

         "Letter of Credit Rights" means all "letter of credit rights," as such
term is defined in the UCC, now owned or hereafter acquired by any Person,
including rights to payment or performance under a letter of credit, whether or
not such Person, as beneficiary, has demanded or is entitled to demand payment
or performance.

         "License" means any license or sublicense under any written agreement
granting the right to use any Intellectual Property or other license of rights
or interests therein, including the Licenses described in the PTC Security
Agreement.

         "Payment Intangibles" means all "payment intangibles" as such term is
defined in the UCC, now owned or hereafter acquired by any Person.

         "Proceeds" means "proceeds," as such term is defined in the UCC,
including: (a) any and all proceeds of any insurance, indemnity, warranty or
guaranty payable to any Person from time to time with respect to any of the
Collateral; (b) any and all payments (in any form whatsoever) made or due and
payable to any Person from time to time in connection with any requisition,
confiscation, condemnation, seizure or forfeiture of all or any part of the
Collateral by any Governmental Authority (or any Person acting under color of
Governmental Authority); (c) any claim of any Person against third parties for
past, present or future infringement or dilution of any Intellectual Property,
or for injury to the goodwill associated with any Intellectual Property; (d) any
recoveries by any Person against third parties with respect to any litigation or
dispute concerning any of the Collateral including claims arising out of the
loss or nonconformity of, interference with the use of, defects in, or
infringement of rights in, or damage to, Collateral; (e) all amounts collected
on, or distributed on account of, other Collateral, including dividends,
interest, distributions and Instruments with respect to Investment Property and
pledged Stock; and (f) any and all other amounts, rights to payment or other
property acquired upon the sale, lease, license, exchange or other disposition
of Collateral and all rights arising out of Collateral.

         "Secured Obligations" mean any and all Obligations, and all covenants
and duties regarding such amounts, of any kind or nature, present or future,
contingent or liquidated, whether or not evidenced by any note, agreement or
other instrument, the payment or performance of which is provided for or arises
now or hereafter under or in connection with the Securities Purchase Agreement
or any other Investment Document.

         "Senior Indebtedness" shall have the meaning assigned to it in the
Intercreditor Agreement.

         "Senior Liens" shall mean the Liens granted to the Senior Lender
pursuant to the Senior Collateral Documents.

         "Software" means all "software," as such term is defined in the UCC,
now owned or hereafter acquired by any Person, other than software embedded in
any category of Goods, including all computer programs and all supporting
information provided in connection with a transaction related to any program.

                                      -6-

<PAGE>

         "Supporting Obligations" means all "supporting obligations," as such
term is defined in the UCC, including letters of credit and guaranties issued in
support of Accounts, Chattel Paper, Documents, General Intangibles, Instruments,
or Investment Property.

         "UCC" means the Uniform Commercial Code as the same may, from time to
time, be enacted and in effect in the State of California; provided, that in the
event by reason of mandatory provisions of law, any or all of the attachment,
perfection or priority of, or remedies with respect to, Secured Party's Lien on
any Collateral is governed by the Uniform Commercial Code as enacted and in
effect in a jurisdiction other than the State of California, the term "UCC"
shall mean the Uniform Commercial Code as enacted and in effect in such other
jurisdiction solely for purposes of the provisions hereof relating to such
attachment, perfection, priority or remedies and for purposes of definitions
related to such provisions; provided further, that to the extent that the UCC is
used to define any term herein or in any of the Investment Documents and such
term is defined differently in different Articles or Divisions of the UCC, the
definition of such term contained in Article or Division 9 shall govern.

     2.  Affirmation of Existing Security Interests; Continuing Assignment and
Grant of Security Interest.

         (a) To secure the payment and performance in full of any and all
     Secured Obligations, each Debtor hereby grants to Secured Party a
     continuing security interest in, and so pledges and assigns to Secured
     Party, and affirms, ratifies and acknowledges the continuing validity,
     enforceability, and perfection of, the assignments, pledges, and grants to
     Secured Party of security interests heretofore granted to Secured Party
     pursuant to the Company Security Agreement and the Ventures Security
     Agreement (subject, as to priority, only to the Senior Liens and Permitted
     Liens to the extent entitled to priority by Applicable Law) in and to all
     right, title and interest of each such Debtor in and to the Collateral.

         (b) Concurrently herewith, the Debtors are executing and delivering to
     Secured Party that certain Amended and Restated Patent, Trademark, and
     Copyright Security Agreement (the "PTC Security Agreement") pursuant to
     which the Debtors and Secured Party are amending and restating the Original
     PTC Security Agreement under which, among other things, the Debtors
     assigned to Secured Party as collateral security certain Collateral
     consisting of patents, patent rights, trademarks, service marks, trademark
     and service mark rights, associated goodwill, copyrights, and related
     rights. The provisions of the PTC Security Agreement are supplemental to
     the provisions of this Agreement, and nothing contained in the PTC Security
     Agreement shall derogate from any of the rights or remedies of Secured
     Party hereunder, nor shall anything contained in the PTC Security Agreement
     be deemed to prevent or extend the time of attachment or perfection of any
     security interest in such Collateral created hereby.

         (c) Concurrently herewith, the Company is executing and delivering to
     Secured Party that certain Amended and Restated Stock Pledge and Control
     Agreement (the "Company Pledge Agreement") pursuant to which the Company

                                      -7-

<PAGE>

     and Secured Party are amending and restating the Original Company Pledge
     Agreement (as defined in the Company Pledge Agreement) under which, among
     other things, Company pledged to Secured Party all of its Capital Stock in
     its Subsidiaries and agreed to pledge any after-acquired Capital Stock and
     other Investment Property. The provisions of the Company Pledge Agreement
     are supplemental to the provisions of this Agreement, and nothing contained
     in the Company Pledge Agreement shall derogate from any of the rights or
     remedies of Secured Party hereunder.

          (d)  Prior to the date hereof, the Company and Secured Party entered
     into the UBOC Control Agreement pursuant to which the Company granted
     control to Secured Party over the Company's deposit accounts with the
     Senior Lender set forth on Schedule 3, on the terms provided for therein.
     The provisions of the UBOC Control Agreement, and any other Deposit Account
     Control Agreement entered into pursuant to this Agreement, are supplemental
     to the provisions of this Agreement, and nothing contained in any Control
     Agreement shall derogate from any of the rights or remedies of Secured
     Party hereunder.

          (e)  For each item of electronic chattel paper, if any, Debtors have
     (i) irrevocably created a single, authoritative copy, which is unique and
     unalterable except by Secured Party (or the Senior Lender), (ii) has duly
     and irrevocably identified the security interest of Secured Party (or the
     Senior Lender) in such original, and (iii) has communicated such
     authoritative copy to Secured Party (or the Senior Lender). Debtors have so
     encrypted such authoritative copy that it can be distinguished from any
     other copy, and so that any amendments which may be made to such
     authoritative copy by any Person other than Secured Party (or Senior
     Lender) would be identifiable from authoritative amendments made by Secured
     Party (or the Senior Lender).

     3.   Security for Secured Obligations. This Agreement continues an
enforceable security interest (subject, as to priority, only to the Senior Liens
and those Permitted Liens that would be prior to Secured Party's Lien as a
matter of law) in and to the Collateral, securing the payment and performance in
full of any and all Secured Obligations, now existing or hereafter incurred or
arising, of each Debtor or any other Person. Without limiting the generality of
the foregoing, this Agreement secures the payment of all amounts which
constitute part of the Secured Obligations and would be owed by any Debtor to
Secured Party, but for the fact that they are unenforceable or not allowable due
to the existence of a bankruptcy, reorganization or similar proceeding under any
Bankruptcy Law involving any Debtor, any Guarantor or any other Person
(including all such amounts which would become due or would be secured but for
the filing of any petition in bankruptcy, or the commencement of any insolvency,
reorganization or like proceeding by or against any Debtor, any Guarantor or any
other Person under any Bankruptcy Law).

     4.   Debtors Remain Liable. Anything herein to the contrary
notwithstanding, (a) until the Secured Obligations have been fully and finally
paid and performed as required by Section 20, the applicable Debtors shall
remain liable under the contracts and agreements included in the Collateral to
the extent set forth therein to perform all of its duties and obligations
thereunder to the same extent as if this Agreement had not been executed, (b)
the

                                       -8-

<PAGE>

exercise by Secured Party of any of the rights hereunder shall not release any
Debtor from any of its duties or obligations under the contracts and agreements
included in the Collateral unless expressly and specifically agreed to by
Secured Party in writing, and (c) Secured Party shall not have any obligation or
liability under the contracts and agreements included in the Collateral by
reason of this Agreement, nor shall Secured Party be obligated to perform any of
the obligations or duties of any Debtor thereunder or to make any payment, or to
make any inquiry as to the nature or the sufficiency of any payment received by
it or the sufficiency of any performance by any party under any contract or
License, or to present or file any claim, or to take any action to collect or
enforce any performance or the payment of any amounts which may have been
assigned to it or to which it may be entitled at any time or times. All rights
and security interests of Secured Party in the Collateral shall be absolute and
unconditional, irrespective of: (i) any lack of validity or enforceability of
any of the Secured Obligations or any other agreement or instrument relating
thereto; (ii) any change in the time, manner or place of payment of, or in any
other term of, all or any of the Secured Obligations, or any other amendment or
waiver of or any consent to any departure from terms of the Note or any other
Investment Document; (iii) any exchange, release or non-perfection of any
Collateral for all or any of the Secured Obligations; or (iv) any other
circumstance which might otherwise constitute a defense available to any Debtor,
or a discharge of any Debtor's obligations, with respect to the validity or
enforceability of a security interest to the Collateral, excluding the defense
of performance.

     5.   Agreement With Respect to Collateral. Each Debtor and Secured Party
agree that to the extent that any of the Collateral may be deemed to be a
Fixture as opposed to Equipment, Inventory or any other form of Collateral that
maybe perfected by the filing of a UCC financing statement, it is the intention
of each of these parties that such Collateral be deemed to be Equipment,
Inventory or any other form of Collateral that may be perfected by the filing of
a UCC financing statement and such Collateral not be deemed to be a Fixture. No
Debtor shall agree with any other Person to treat any such Collateral as a
Fixture.

     6.   Representations and Warranties. Each Debtor hereby represents and
warrants, with respect to itself and the Collateral, as follows:

          (a)  except as specifically disclosed in the most recent schedule of
     Accounts delivered to Secured Party: (i) each Account arises out of a bona
     fide sale, lease, license, or assignment and delivery of property or
     rendition of services by any Debtor in the ordinary course of its business,
     or is otherwise a bona fide monetary obligation properly classifiable as an
     "account" under the UCC, (ii) no Account has been reduced to a judgment;
     (iii) there are no known setoffs, claims, or disputes existing or asserted
     with respect thereto and no Debtor has agreed or will agree with any
     applicable Account Debtor to (a) any deduction therefrom, (b) any extension
     of time for the payment thereof, (c) any compromise or settlement for less
     than the full amount thereof, or (d) any release, in whole or in part, of
     any Person liable therefor, except as to all of the foregoing deductions,
     extensions, compromises, settlements, or releases allowed by any Debtor in
     the ordinary course of its business and disclosed to Secured Party;
     provided, that the aggregate amount of such deductions, extensions,
     compromises, settlements, or releases shall not exceed $10,000 in any
     Fiscal Month; (iv) there are no facts, events, or occurrences that any
     Debtor knows or should know that in any way impair the validity,
     collectibility, or enforceability thereof or tend to

                                       -9-

<PAGE>

     reduce the amount payable thereunder as reflected on the invoices,
     statements, and schedules of Accounts delivered to Secured Party with
     respect thereto, or that might result in any material adverse change in the
     financial condition of any Account Debtor or the collectibility thereof;
     and (v) no Debtor has any knowledge that any Account Debtor is unable
     generally to pay its debts as they become due;

          (b)  the amounts reflected on all records, invoices, statements, and
     schedules of Accounts with respect thereto (i) to the knowledge of the
     Debtors, are actually and absolutely owing to the Debtors as indicated
     thereon and (ii) are not in any way contingent;

          (c)  no payments have been made on any Account, except ordinary-course
     payments which have reduced the balance thereof as reported by the Debtors
     to Secured Party;

          (d)  to the best of the Debtors' knowledge, each Account Debtor has
     the capacity to contract;

          (e)  (i) all Inventory of the Debtors (a) is, and will continue to be,
     located at one of the locations set forth on Schedule 1 or (b) is being
     shipped directly to a customer of the Debtors and such Inventory is
     scheduled to arrive at its destination within 15 days after shipment or
     between two of the locations set forth on Schedule 1, (ii) such Inventory
     has not been consigned to any Person, (iii) such Inventory has been and
     will be produced in compliance with all Applicable Laws, including the
     minimum wage and overtime pay provisions of the Fair Labor Standards Act,
     (iv) the Debtors have good, indefeasible, and merchantable title to such
     Inventory and such Inventory is not subject to any Lien or document
     whatsoever except for Liens in favor of Senior Lender, Liens to Secured
     Party and other Permitted Liens, (v) except for Inventory that is
     manufactured by the Debtors pursuant to confidential specifications for
     particular customers of the Debtors and that is subject to certain
     restrictions on the sale or disposition thereof that have been disclosed to
     Secured Party and have been consented to by Secured Party (which consent
     may be subject to terms and conditions satisfactory to Secured Party), such
     Inventory is not subject to any licensing, patent, royalty, trademark,
     trade name, or copyright agreements with any third parties that would
     require any consent of any third party upon sale or disposition thereof or
     the payment of any monies to any third party as a condition precedent to
     any such sale or other disposition, and (vi) the completion of manufacture,
     sale, or other disposition of such Inventory by Secured Party following a
     Default or Event of Default shall not require the consent of any Person and
     shall not constitute a breach or default under any contract or agreement to
     which any Debtor is a party or to which any of its property is subject;

          (f)  Debtor's and each of its Subsidiaries' name as it appears in the
     official filings in the state of its incorporation or other organization,
     the type of entity of Debtor and each of its Subsidiaries (including
     corporation, partnership, limited partnership or limited liability
     company), the organizational identification number issued by Debtor's and
     each of its Subsidiaries' state of incorporation or organization or a
     statement that no such number has been issued, the locations of Debtor's
     and

                                      -10-

<PAGE>

     each of its Subsidiaries' state of organization or incorporation, chief
     executive office, principal place of business, corporate offices,
     warehouses, other locations of Collateral and locations where all of
     Debtor's and each of its Subsidiaries' records with respect to Collateral
     are kept are as set forth in Schedule 1 and, except as set forth in such
     Schedule, such locations have not changed during the preceding twelve (12)
     months. As of the Closing Date, during the prior five (5) years, except as
     set forth in Schedule 1, neither Debtor nor any of its Subsidiaries has
     been known as or conducted business in any other name. Neither Debtor nor
     any of its Subsidiaries shall change (a) its name, (b) the type of legal
     entity that it is, (c) the organizational identification number issued by
     the state of its organization, (d) chief executive office, (e) its
     principal place of business, (f) its corporate offices, (g) its warehouses
     or other Collateral locations, (h) the location of its records concerning
     the Collateral, or (i) the jurisdiction of its organization, without such
     Person, in each instance, giving thirty (30) days' prior written notice
     thereof to Secured Party and taking all actions deemed necessary or
     appropriate by Secured Party to protect and perfect Secured Party's Liens
     continuously upon the Collateral. Debtor and each of its Subsidiaries'
     shall have only one state of organization;

          (g)  all Chattel Paper, promissory notes or other Instruments have
     been pledged to Secured Party and, when the Senior Indebtedness has been
     fully and finally paid and satisfied in cash, the Chattel Paper and
     Instruments shall be duly endorsed and accompanied by such duly executed
     instruments of transferor assignment as are necessary for such pledge, to
     be held as pledged collateral;

          (h)  the Debtors are the legal and beneficial owners of, or have valid
     leasehold title to, the Collateral pledged by them free and clear of any
     Lien, security interest, option or other charge or encumbrance except for
     the security interest created by this Agreement (other than Senior Liens
     and Permitted Liens). No effective financing statement or other similar
     document used to perfect and preserve a security interest under the
     Applicable Laws of any jurisdiction covering all or any part of the
     Collateral is on file in any recording office, except such as may have been
     filed (i) in respect of Senior Liens and Permitted Liens and (ii) in favor
     of Secured Party relating to this Agreement. The Company (or its
     predecessors) has not existed or operated under any name other than those
     set forth on Schedule 2, and Overhill Ventures (or its predecessors) has
     not existed or operated under any name other than those set forth on
     Schedule 2;

          (i)  the Debtors have possession and/or control of the Equipment and
     Inventory pledged by it hereunder;

          (j)  this Agreement creates a valid and continuing security interest
     (subject, as to priority, only to the Senior Liens and those Permitted
     Liens that would be prior to Secured Party's Lien as a matter of law) in
     the Collateral, securing the payment of the Secured Obligations, which upon
     filings and other necessary actions to perfect such security interest
     (subject, as to priority, only to the Senior Liens and those Permitted
     Liens that would be prior to Secured Party's Lien as a matter of law) will
     create a perfected security interest in such Collateral. This Agreement is
     a valid, binding and enforceable obligation of the Debtors. Secured Party's
     Lien (i) is prior

                                      -11-

<PAGE>

     to all other Liens except Liens granted to the Senior Lender securing the
     Senior Indebtedness and those Permitted Encumbrances that would be prior to
     Secured Party's Lien as a matter of law, and (ii) is enforceable as such as
     against creditors of, and purchasers from, the Debtors and as against any
     purchaser of real property where any of the Fixtures or Equipment are
     located and any future creditor obtaining a Lien on such real property. All
     such action as is necessary in law has been taken (A) to establish and
     perfect Secured Party's Lien in each item of the Collateral with respect to
     which Liens may be perfected by such filings (other than items of
     Collateral for which Secured Party's Lien may be perfected only by
     possession thereof and which are in the possession of the Senior Lender or
     of which Senior Lender requires the Debtors to retain possession), and (B)
     to entitle Secured Party to exercise the rights and remedies provided in
     each of this Agreement, the other Investment Documents and the UCC. No
     Debtor shall at any time take any action which shall cause this section to
     become not true and correct, and each Debtor shall at all times take all
     such action as may be necessary to cause this section to remain true and
     correct. If, at any time, there are Liens on any Collateral, other than
     Liens securing the Senior Indebtedness or Permitted Liens or Liens granted
     to Secured Party, the Debtors shall use their best efforts to remove such
     conflicting Liens within 30 days thereafter and, in any event, shall remove
     such conflicting Liens within 60 days thereafter;

          (k)  no consent of any other Person and no authorization, approval or
     other action by, and no notice to or filing with, any Governmental
     Authority that has not been obtained, made or given is required (i) for the
     pledge by any Debtor of the Collateral pledged by it hereunder, for the
     grant by any Debtor of the security interest granted hereby or for the
     execution, delivery or performance of this Agreement by any Debtor, (ii) as
     to Collateral with respect to which Liens may be perfected by such filings,
     for maintenance of the pledge, assignment and security interest created
     hereby or for the perfection of the pledge, assignment and security
     interest created hereby by filing a UCC-1 financing statements in the
     appropriate filing offices designated by the UCC, or (iii) except as
     otherwise provided by law, for the exercise by Secured Party of the rights
     provided for in this Agreement or the remedies in respect of the Collateral
     pursuant to this Agreement;

          (l)  each Debtor possesses all material licenses and permits,
     including but not limited to all applicable certificates of occupancy,
     licenses and permits and all health and sanitation permits, required for
     the operations of its business; and

          (m)  Schedule 3 is a complete and correct list of all (i) deposit
     accounts (demand, time, special or other) maintained by or in which any
     Debtor has an interest and correctly describes the financial institution in
     which such account is maintained (including the specific branch), the
     address and ABA number of such institution, the officer of such institution
     having primary responsibility for such Debtor's accounts, the account
     number and type (as supplemented from time to time by the Debtors by
     written notice to Secured Party) and (ii) Chattel Paper, promissory notes
     and other Instruments in which any Debtor has an interest.

          (n)  Continuous Perfection. The Company's jurisdiction of organization
     is the State of Nevada, and Ventures' jurisdiction of organization is the
     State of

                                      -12-

<PAGE>

     California. No Debtor will change the same, or its name, identity,
     corporate structure or jurisdiction of organization in any manner, without
     providing at least thirty (30) days' prior written notice to Secured Party.
     The Collateral, to the extent not delivered to Secured Party, will be kept
     within the United States at all times.

     7.   Further Assurances.

          (a)  Unless this requirement is specifically waived in writing by
     Secured Party, each Debtor agrees to promptly obtain the necessary consent
     to or waiver of such restriction from any Person so as to enable such
     Debtor to effectively grant to Secured Party the security interest
     contemplated by this Agreement.

          (b)  At any time and from time to time, upon the written request of
     Secured Party and at the sole expense of Debtors, each Debtor shall
     promptly and duly execute and deliver any and all such further instruments
     and documents and take such further action as Secured Party may reasonably
     request to obtain the full benefits of this Agreement and to protect,
     preserve and maintain Secured Party's rights in the Collateral and under
     this Agreement, including, without limitation, (A) using its best efforts
     to secure all consents and approvals necessary or appropriate for the
     assignment to or for the benefit of Secured Party of any License or
     Contract held by Debtor and to enforce the Liens granted hereunder, and (B)
     filing any financing or continuation statements under the UCC with respect
     to the Liens granted hereunder or under any other Investment Document as to
     those jurisdictions that are not Uniform Commercial Code jurisdictions. On
     each anniversary of the Closing Date (or as often as Secured Party may
     require upon the occurrence and continuation of a Default or an Event of
     Default), Debtor will supplement each schedule to this Agreement with
     respect to any matter hereafter arising that, if existing or occurring as
     of the Closing Date, would have been required to be set forth or described
     in such Schedule; provided that such supplement shall not be deemed to be
     an amendment thereof unless expressly consented to in writing by Secured
     Party.

          (c)  Each Debtor hereby authorizes Secured Party to, from time to time
     in any appropriate jurisdiction, file one or more financing or continuation
     statements, and amendments thereto, relating to all or any part of the
     Collateral without the signature of any Debtor where permitted by
     Applicable Law. Such financing statements may indicate that the Collateral
     is all assets of the Debtors. A photocopy or other reproduction of this
     Agreement or any financing statement covering the Collateral or any part
     thereof shall be sufficient as a financing statement where permitted by
     Applicable Law.

          (d)  The Debtors will furnish to Secured Party from time to time
     statements and schedules (including Schedules to this Agreement) further
     identifying and describing the Collateral and such other reports in
     connection with the Collateral as Secured Party may reasonably request in
     writing, all in reasonable detail. The Debtors will promptly furnish to
     Secured Party a copy of each new or renewal, restatement or modification of
     any agreement included in Collateral.

                                      -13-

<PAGE>

          (e)  Borrower shall not establish or maintain any deposit or similar
     bank account not listed on Schedule 3 hereto unless Secured Party receives
     prior notice thereof and the depositary enters into a control agreement, in
     form and substance satisfactory to Secured Party, with respect to such
     account.

          (f)  In the event that any Debtor acquires by any means any rights
     under or in respect of commercial tort claims, such Debtor shall promptly
     notify Secured Party of the facts of such claims in reasonable detail,
     grant Secured Party a continuing security interest therein, and take any
     action Secured Party may reasonably request to ensure that such security
     interest is a valid, enforceable, perfected security interest therein,
     subject as to priority only to the Senior Liens and other Permitted Liens
     entitled to priority by Applicable Law. Without limiting the foregoing,
     each Debtor hereby authorizes Secured Party to file in any jurisdictions
     such amendments to financing statements, new financing statements, or other
     documents as may be necessary or desirable to perfect a security interest
     in any such commercial tort claims.

          (g)  In addition to such other information as shall be specifically
     provided for herein, each Debtor agrees to permit such site visitations and
     inspections and furnish to Secured Party such other information with
     respect to such Debtor's business and Collateral as Secured Party may
     reasonably request from time to time in connection with the Collateral, or
     the protection, preservation, maintenance or enforcement of the security
     interest or the Collateral as provided pursuant to the terms of the
     Securities Purchase Agreement.

          (h)  Each Debtor agrees that, if at any time after the date hereof,
     such Debtor acquires, creates or otherwise obtains, directly or indirectly,
     Capital Stock of a new Subsidiary, such Subsidiary shall immediately
     execute and deliver a Joinder Agreement, together with any other documents,
     instruments or agreements necessary to join such Subsidiary as a party to
     this Agreement and to cause such Subsidiary to assign, pledge and grant
     security interests in all of its assets pursuant hereto. The Debtors agree
     to cause any such Subsidiary to take any actions that may be necessary or
     desirable to perfect and ensure the continuing perfection and priority of
     such security interests.

          (i)  Each Debtor shall, in accordance with the terms hereunder, obtain
     or use its best efforts to obtain waivers or subordinations of Liens from
     landlords and mortgages, and shall in all instances obtain signed
     acknowledgments of Secured Party's Liens from bailees having possession of
     any of such Debtor's Goods.

          (j)  If not waived by Secured Party in writing (which waiver may be
     revoked), each Debtor and its Subsidiaries shall obtain authenticated
     Control Letters from each issuer of uncertificated securities, securities
     intermediary, or commodities intermediary issuing or holding any financial
     assets or commodities to or for such Debtor or any of its Subsidiaries.

          (k)  Borrower and each of its Subsidiaries shall take all steps
     necessary to grant Secured Party control of all electronic chattel paper in
     accordance with the

                                      -14-

<PAGE>

     UCC and all "transferable records" as defined in each of the Uniform
     Electronic Transactions Act and the Electronic Signatures in Global and
     National Commerce Act.

          (l)  Debtors also hereby (i) authorizes Secured Party to file any
     financing statements, continuation statements or amendments thereto that
     (A) indicate the Collateral (I) as all assets of any Debtor (or any portion
     of any Debtor's assets) or words of similar effect, regardless of whether
     any particular asset comprised in the Collateral falls within the scope of
     Article 9 of the UCC of such jurisdiction, or (II) as being of an equal or
     lesser scope or with greater detail, and (B) contain any other information
     required by Part 5 of Article 9 of the UCC for the sufficiency or filing
     office acceptance of any financing statement, continuation statement or
     amendment, including (I) whether any Debtor is an organization, the type of
     organization and any organization identification number issued to any
     Debtor, and (II) in the case of a financing statement filed as a fixture
     filing or indicating Collateral as as-extracted collateral or timber to be
     cut, a sufficient description of real property to which the Collateral
     relates, (ii) agrees to furnish any such information to Secured Party
     promptly upon request, and (iii) ratifies its authorization for Secured
     Party to have filed any initial financial statements, or amendments thereto
     if filed prior to the date hereof. Each Debtor acknowledges that it is not
     authorized to file any financing statement or amendment or termination
     statement with respect to any financing statement without the prior written
     consent of Secured Party and agrees that it will not do so without the
     prior written consent of Secured Party, subject to Debtors' rights under
     Section 9509(d)(2) of the UCC.

     8.   Equipment, Fixtures and Inventory.

          (a)  The Debtors shall keep all Equipment, Fixtures and Inventory
     (other than Inventory sold in the ordinary course of business or in transit
     between two permitted locations) at the places therefor specified herein
     or, upon thirty days prior written notice to Secured Party, at such other
     places in such jurisdictions where all action required by Section 7 shall
     have been taken with respect to the Equipment and Inventory.

          (b)  The Debtors shall, and shall cause their respective Subsidiaries,
     to maintain or cause to be maintained all their material properties
     necessary to the conduct of their business (whether owned or held under
     lease) in reasonably good repair, working order and condition, taken as a
     whole, and from time to time make or cause to be made all reasonably
     necessary repairs, renewals, replacements, additions, betterments and
     improvements thereto.

          (c)  The Debtors shall, and shall cause their respective Subsidiaries
     to, pay and discharge all Taxes, assessments and governmental charges or
     levies imposed upon it or its income or properties prior to the date on
     which penalties attach thereto, and all lawful material claims for labor,
     materials and supplies which, if unpaid, might become a Lien upon any of
     their properties, except those Taxes, assessments, charges or levies
     contested by any such Person diligently in good faith, and for which
     adequate reserves have been established in accordance with GAAP. The

                                      -15-

<PAGE>

     Debtors shall, and shall cause their respective Subsidiaries to, timely
     file all information returns required by federal, state or local Tax
     authorities.

     9.   Insurance. The Debtors shall, and shall cause their respective
Subsidiaries to, maintain insurance from responsible companies in such amounts
and against such risks as shall be customary and usual in the industry for
companies of similar size and capability, but in no event less than the amount
and types insured as of the Effective Date. The Debtors shall promptly furnish
to Secured Party evidence of such insurance in form and content satisfactory to
Secured Party. If the Debtors fails to perform or observe any applicable
covenants as to insurance on any of such Collateral, Secured Party may at its
own option obtain insurance on only Secured Party's interest in such Collateral,
any premium thereby paid by Secured Party to become part of the Secured
Obligations, bear interest as provided in the Securities Purchase Agreement. In
the event Secured Party maintains such substitute insurance, the additional
premium for such Insurance shall be due upon written demand and jointly and
severally payable by the Debtors to Secured Party in accordance with any notice
delivered to any Debtor by Secured Party. The Debtors hereby grant Secured Party
a security interest in any refunds of unearned premiums in connection with any
cancellation, adjustment or termination of any policy of insurance or paid to
Senior Lender with respect to Senior Indebtedness, required by Secured Party and
in all proceeds of such insurance and hereby appoint Secured Party their
attorney-in-fact to endorse any check or draft that may be payable to any of
them in order to collect such refunds or proceeds. Any such sums collected by
Secured Party shall be credited, except to the extent applied to the purchase by
Secured Party of similar insurance or paid to Senior Lender with respect to
Senior Indebtedness, to any amounts then owing on the Secured Obligations in
accordance with the Securities Purchase Agreement.

     10.  Place of Perfection: Records; Collection of Accounts; Chattel Paper
and Instruments.

          (a)  The Debtors shall keep their chief place of business and chief
     executive office and the office where they keeps their records concerning
     accounting books and records, and the originals of all Chattel Paper (until
     delivered to Senior Lender or Secured Party), at the location therefor
     specified in Section 6(f), unless the Debtors shall have given written
     notice thereof to Secured Party no later than thirty days prior to the
     moving thereof to another location within the United States. The Debtors
     will hold and preserve such records and Chattel Paper (subject to pledge
     thereof to the Senior Lender) and will permit representatives of Secured
     Party to inspect and make abstracts from and copies of such records and
     Chattel Paper as provided in the Securities Purchase Agreement. Upon the
     full and final satisfaction of the Senior Indebtedness in cash, the Debtors
     shall deliver, or cause the Senior Lender, if it then has possession
     thereof, to deliver, to Secured Party all Instruments to be held by Secured
     Party as collateral. Upon the full and final satisfaction of the Secured
     Obligations in cash, Secured Party shall return to the Debtors all
     Instruments and Chattel Paper held by Secured Party as collateral unless
     the Senior Indebtedness is still outstanding, in which case such Collateral
     shall be delivered to Senior Lender to be held as collateral.

                                      -16-

<PAGE>

          (b)  (i)   Except as otherwise provided in this section, the Debtors
     shall continue to collect, at their own expense, all amounts due or to
     become due the Debtors under all Accounts, Chattel Paper and Instruments.
     In connection with such collections, the Debtors may take (and, at Secured
     Party's direction, shall take) such action as the Debtors or Secured Party
     may deem reasonably necessary or advisable to enforce collection of the
     Accounts, Chattel Paper and Instruments; provided, however, that Secured
     Party shall have the right (upon a Default or Event of Default which is
     continuing) (without notice to the Debtors) to notify the account debtors
     or obligors under any Accounts, Chattel Paper and Instruments of the
     assignment of such Accounts, Chattel Paper and Instruments to Secured Party
     and to direct such account debtors or obligors to make payment of all
     amounts due or to become due to the Debtors thereunder directly to Secured
     Party and, at the expense of the Debtors, to enforce collection of any such
     Accounts, Chattel Paper and Instruments, and to adjust, settle or
     compromise the amount or payment thereof, in the same manner and to the
     same extent as the Debtors might have done.

               (ii)  Subject to the following sentence, upon prior notice to the
     Debtors (unless a Default or an Event of Default has occurred and is
     continuing in which case no notice is necessary), Secured Party shall have
     the right, at the Debtors' expense, no more than twice in any 12-month
     period (unless such a Default or an Event of Default has occurred and is
     continuing in which case no such limitation shall be in effect) to make
     test verifications of the Accounts and physical verifications and
     appraisals of any other Collateral in any manner and through any medium
     that Secured Party considers advisable, and the Debtors agree to furnish
     all such assistance and information as Secured Party may require in
     connection therewith. Secured Party may at any time, in Secured Party's own
     name, in any Debtor's name or otherwise, communicate with Account Debtors,
     parties to contracts, obligors in respect of Instruments and obligors in
     respect of Chattel Paper to verify with such Persons, to Secured Party's
     satisfaction, the existence, amount and terms of any such Accounts,
     contracts, Instruments or Chattel Paper. The Debtors, at their own expense,
     shall cause their independent certified public accountants to deliver to
     Secured Party the results of any confirmation of all or any portion of the
     Accounts and any physical verifications and reconciliations of all or any
     portion of the other Collateral made or observed by such accountants when
     and if any such confirmation, verification or reconciliation is conducted
     in connection with annual audit procedures. Upon the occurrence and during
     the continuation of a Default or an Event of Default, the Debtors, promptly
     upon Secured Party's request, at the Debtors' own expense, shall prepare
     and deliver to Secured Party the following reports: (a) a reconciliation of
     all Accounts; (b) an aging of all Accounts; (c) an aged receivable trial
     balance; (d) test verifications of such Accounts as Secured Party may
     request; (e) a schedule of all Inventory; (f) a schedule of all Equipment;
     (g) a schedule of all Leases; (h) a schedule of all Indebtedness,
     including, but not limited to, purchase money indebtedness and (i) a
     schedule of all Licenses.

               (iii) Upon the full and final satisfaction of the Senior
     Indebtedness in cash, and after the occurrence of a Default or Event of
     Default that is continuing, all amounts and proceeds (including
     Instruments) received by any Debtor in respect of the Accounts, Chattel
     Paper and Instruments shall be received in trust for the benefit

                                      -17-

<PAGE>

     of Secured Party hereunder, shall be segregated from other funds of the
     Debtors and shall be forthwith paid over to Secured Party in the same form
     as so received (with any necessary indorsement) to be held as cash
     collateral and either (a) released to the Debtors so long as no Default or
     Event of Default shall have occurred and be continuing or (b) if any
     Default or Event of Default shall have occurred and be continuing, applied
     as provided herein and in the Intercreditor Agreement. The Debtors shall
     not, without the written consent of Senior Lender (or, after the
     termination of the Intercreditor Agreement, of Secured Party), adjust,
     settle or compromise the amount or payment of any Account, Chattel Paper or
     Instrument, release wholly or partly any Account Debtors or obligor thereof
     or allow any credit or discount thereon except as provided in Section 6(a).

     11.  Transfers and Other Liens; Name Changes. No Debtor shall (a) sell,
assign (by operation of Applicable Law or otherwise) or otherwise dispose of, or
grant any option with respect to, any of the Collateral, except in the ordinary
course of business or as permitted under the Securities Purchase Agreement, or
(b) create or permit to exist any Lien, security interest, option or other
charge or encumbrance upon or with respect to any of the Collateral, except for
the security interest under this Agreement, Senior Liens and Permitted Liens. No
Debtor shall, nor shall any Debtor permit, any Subsidiary to, change its name,
corporate structure, or jurisdiction of organization.

     12.  Secured Party Appointed Attorney-in-Fact. Each Debtor hereby
irrevocably constitutes and appoints Secured Party and any officer or agent
thereof with full power of substitution, as its true and lawful attorney-in-fact
with full irrevocable power and authority in the place and stead of such Debtor
and in the name of such Debtor or in its own name, from time to time in Secured
Party's discretion, for the purpose of carrying out the terms of this Agreement,
to take any and all appropriate action and to execute and deliver any and all
documents and instruments which may be necessary to accomplish the purposes of
this Agreement and, without limiting the generality of the foregoing, hereby
grants to Secured Party the power and right, on behalf of such Debtor, without
notice to or assent by Secured Party, upon the occurrence and during the
continuation of a Default or an Event of Default (except as otherwise provided
below), to do the following, all at the Debtors' expense:

          (a)  regardless of whether a Default or an Event of Default has
     occurred or is continuing, continue any insurance policies existing
     pursuant to the terms of this Agreement or maintained pursuant to the tens
     of any Investment Document should the Debtors fail to do so, and pay all or
     any part of the premiums therefor and the costs thereof;

          (b)  in the name of any Debtor, in its own name or otherwise, take
     possession of, endorse and receive payment of any checks, drafts, notes,
     acceptances, or other Instruments for the payment of monies due under any
     Collateral;

          (c)  receive payment of any and all monies, claims and other amounts
     due or to become due at any time arising out of or in respect of any
     Collateral;

          (d)  ask, demand, collect, receive and give acquittances and receipts
     for any and all money due or to become due under any Collateral;

                                      -18-

<PAGE>

          (e)  pay or discharge any charges or Liens levied or placed on or
     threatened against the Collateral;

          (f)  effect any repairs or obtain any insurance called for by the
     terms of the any Investment Document and pay all or any part of the
     premiums therefor and costs thereof;

          (g)  direct any party liable for any payment under or in respect of
     any of the Collateral to make payment of any and all monies due or to
     become due thereunder, directly to Secured Party or as Secured Party shall
     direct;

          (h)  sign and endorse any invoices, freight or express bills, bills of
     lading, storage or warehouse receipts, drafts against Account Debtors,
     assignments, verifications and notices in connection with accounts and
     other documents constituting or related to the Collateral;

          (i)  settle, compromise or adjust any suit, action or proceeding
     described in this section and, in connection therewith, give such
     discharges or releases as Secured Party may deem appropriate;

          (j)  file any claim or task or commence any other action or proceeding
     in any court of law or equity or otherwise deemed appropriate by Secured
     Party for the purpose of collecting any and all such monies due under any
     Collateral whenever payable;

          (k)  commence and prosecute any suits, actions or proceedings at law
     or in equity in any court to collect the Collateral or any part thereof and
     to enforce any other right in respect of any Collateral;

          (l)  defend any claim, suit, action or proceeding brought against any
     Debtor with respect to any Collateral if such Debtor does not defend such
     claim, suit, action or proceeding or if Secured Party believes that such
     Debtor is not pursuing such defense in a manner that will minimize the loss
     with respect to such Collateral and Secured Party's security interest
     therein;

          (m)  license or, to the extent permitted by an applicable License,
     sublicense, whether general, specific or otherwise and whether on an
     exclusive or non-exclusive basis, any Intellectual Property Collateral
     throughout the world on such terms and conditions and in such manner as
     Secured Party shall, in its sole discretion, determine; and

          (n)  sell, transfer, pledge, make any agreement with respect to, or
     otherwise deal with any of the Collateral as fully and completely as though
     Secured Party were the absolute owner thereof for all purposes, and to do,
     at Secured Party's option, at any time or from time to time, all acts and
     other things that Secured Party deems necessary to perfect, preserve or
     realize upon the Collateral and Secured Party's Lien therein in order to
     effect the intent of this Agreement, all as fully and effectively as any
     Debtor might do.

                                      -19-

<PAGE>

          THE DEBTORS HEREBY IRREVOCABLY GRANT TO SECURED PARTY THEIR PROXY
          (EXERCISABLE AFTER THE SENIOR INDEBTEDNESS HAS BEEN FULLY AND FINALLY
          SATISFIED IN CASH FROM AND AFTER THE OCCURRENCE OF A DEFAULT OR EVENT
          OF DEFAULT WHICH IS CONTINUING) TO VOTE ANY SECURITIES COLLATERAL AND
          APPOINT SECURED PARTY THEIR ATTORNEY-IN-FACT TO PERFORM ALL
          OBLIGATIONS OF THE DEBTORS UNDER THIS AGREEMENT AND TO EXERCISE ALL OF
          SECURED PARTY'S RIGHTS HEREUNDER. THE PROXY AND POWER OF ATTORNEY
          HEREIN GRANTED, AND EACH STOCK POWER AND SIMILAR POWER NOW OR
          THEREAFTER GRANTED (INCLUDING ANY EVIDENCED BY A SEPARATE WRITING),
          ARE COUPLED WITH AN INTEREST AND ARE IRREVOCABLE PRIOR TO FINAL
          PAYMENT IN FULL OF THE SECURED OBLIGATIONS.

     13.  Secured Party May Perform. Upon and during the continuance of a
Default or Event of Default, if the Debtors fail to perform or comply with any
agreement contained herein or in any Investment Document, Secured Party may
itself perform, or cause performance of, or compliance with, such agreement, and
the expenses of Secured Party incurred in connection therewith, together with
applicable interest thereon at the rate then in effect under the terms of the
Note, shall be payable by the Debtors under Section 16 herein.

     14.  Secured Party's Duties. The powers conferred on Secured Party
hereunder are solely to protect its interest in the Collateral and shall not
impose any duty upon it or any Secured Party to exercise any such powers. Except
for the safe custody of any Collateral in its possession and the accounting for
moneys actually received by it hereunder, Secured Party shall have no duty as to
any Collateral, as to ascertaining or taking action with respect to calls,
conversions, exchanges, maturities, tenders or other matters relative to any
Collateral; whether or not Secured Party has or is deemed to have knowledge of
such matters, or as to the taking of any necessary steps to preserve rights
against prior parties or any other rights pertaining to any reasonable care in
the custody and preservation of any Collateral in its possession if such
Collateral is accorded treatment substantially equal to that which Secured Party
accords its own property. Except as provided in this section, Secured Party
shall not have any duty or liability to protect or preserve any Collateral or to
preserve rights pertaining thereto. Nothing contained in this Agreement shall be
construed as requiring or obligating Secured Party, and Secured Party shall not
be required or obligated, to (a) present or file any claim or notice or take any
action, with respect to any Collateral or in connection therewith or (b) notify
the Debtors of any decline in the value of any Collateral.

     15.  Remedies. If any Default or Event of Default shall occur and be
continuing:

          (a)  Secured Party may exercise in respect of the Collateral, in
     addition to other rights and remedies provided for herein or otherwise
     available to it, all the

                                      -20-

<PAGE>

     rights and remedies of a secured party on default under the UCC in effect
     in the state in which the Collateral is located at that time (whether or
     not the UCC applies to the affected Collateral), and also may (i) require
     any Debtor to, and each Debtor hereby agrees that it will at its expense
     and upon request of Secured Party forthwith, assemble all or part of the
     Collateral as directed by Secured Party and make it available to Secured
     Party at a place to be designated by Secured Party which is reasonably
     convenient to both parties or (ii) without demand of performance or other
     demand, advertisement or notice of any kind, except as specified below, to
     or upon the Debtors or any other Person (all and each of which demands,
     advertisements and notices are hereby expressly waived to the maximum
     extent permitted by the UCC and other applicable law), forthwith enter upon
     the premises of any Debtor where any Collateral is located through
     self-help, without judicial process, without first obtaining a final
     judgment or giving any Debtor notice and opportunity for a hearing on
     Secured Party's claim or action, and collect, receive, assemble, process,
     appropriate and realize upon the Collateral, or any part thereof, and may
     forthwith sell, lease, assign, give an option or options to purchase, or
     sell or otherwise dispose of and deliver said Collateral (or contract to do
     so), or any part thereof, sell the Collateral or any portion thereof in one
     or more parcels at public or private sale, at any of Secured Party's
     offices or elsewhere, at such prices as it may deem best, for cash, on
     credit or for future delivery without assumption of any credit risk, and
     upon such other terms as Secured Party may deem commercially reasonable.
     Secured Party shall have the right, upon any such public sale or sales and,
     to the extent permitted by law, upon any such private sale or sales, to
     purchase for the benefit of Secured Party by credit bid the whole or any
     part of said Collateral so sold, free of any right or equity of redemption,
     which equity of redemption each Debtor hereby releases. Secured Party shall
     have the right to conduct such sales on any Debtor's premises without rent
     or other charge for such sales or other action with respect to the
     Collateral for such time or times as Secured Party deems necessary or
     advisable. Each Debtor agrees that, to the extent notice of sale shall be
     required by Applicable Law, ten days' notice to the Company or such Debtor
     of the time and place of any public sale or the time after which any
     private sale is to be made shall constitute reasonable notification.
     Secured Party shall not be obligated to make any sale of Collateral
     regardless of notice of sale having been given. Secured Party may adjourn
     any public or private sale from time to time by announcement at the time
     and place fixed therefor, and such sale may, without further notice, be
     made at the time and place to which it was so adjourned. Until Secured
     Party is able to effect a sale, lease, or other disposition of any
     Collateral, Secured Party shall have the right to use or operate the
     Collateral, or any part thereof, to the extent that it deems appropriate
     for the purpose of preserving the Collateral or its value or for any other
     purpose deemed appropriate by Secured Party. Secured Party shall have no
     obligation to any Debtor to take any action to maintain or preserve the
     rights of any Debtor as against third parties with respect to any
     Collateral while such Collateral is in the possession of Secured Party.
     Secured Party may, if it so elects, seek the appointment of a receiver or
     keeper to take possession of Collateral and to enforce any of Secured
     Party's remedies with respect to such appointment without prior notice or
     hearing. Secured Party shall apply the net proceeds of any such collection,
     recovery, receipt, appropriation, realization or sale, as provided in
     Section 15(b), the Debtors shall remain liable for any deficiency remaining
     unpaid after such application, and only

                                      -21-

<PAGE>

     after so paying over such net proceeds and after the payment by Secured
     Party of any other amount required by any provision of law, including, but
     not limited to Sections 9608 and 9615 of the UCC, need Secured Party
     account for the surplus, if any, to the affected Debtor. The Debtors shall
     remain liable for any and all costs and expenses incurred by Secured Party,
     including, but not limited to, attorneys' fees, to collect such deficiency.
     To the maximum extent permitted by applicable law, each Debtor waives all
     claims, damages, and demands against Secured Party arising out of the
     repossession, retention or sale of the Collateral except such as are
     determined in a final judgment by a court of competent jurisdiction to have
     arisen solely out of the gross negligence or willful misconduct of Secured
     Party.

          (b)  Subject to the rights of the Senior Lender under the
     Intercreditor Agreement, Secured Party shall apply the proceeds of any
     collection or sale of Collateral, as well as any Collateral consisting of
     cash, as follows:

               FIRST, to the payment of all costs and expenses incurred by
          Secured Party in connection with such collection or sale or otherwise
          in connection with this Agreement or any of the Secured Obligations,
          including, but not limited to, all court costs and the reasonable fees
          and expenses of its agents and legal counsel, the repayment of all
          advances made hereunder by Secured Party on behalf of the Debtors and
          any other reasonable costs or expenses incurred in connection with the
          exercise of any right or remedy hereunder.

               SECOND, to the payment in full of the Secured Obligations (the
          amounts so applied to be distributed among the holders of the Secured
          Obligations pro rata in accordance with the amounts of the Secured
          Obligations held by them on the date of any such distribution); and

               THIRD, unless otherwise required by UCC Sections 9608 and 9615 or
          other Applicable Law, to the Debtors, their successors or assigns, or
          as a court of competent jurisdiction determines, or as otherwise
          provided by applicable law, any surplus remaining (proper allowance
          being made for any Obligations not then due) to the Debtors.

          Secured Party shall have absolute discretion as to the time of
     application of any such proceeds, moneys or balances in accordance with
     this Agreement. All payments received by any Debtor under or in connection
     with any Collateral shall be received in trust for the benefit of Secured
     Party, shall be segregated from other funds of any Debtor and shall be
     forthwith paid over to Secured Party in the same form as so received (with
     any necessary indorsement).

     16.  Indemnity and Expenses.

          (a)  The Debtors jointly and severally agree to indemnify Secured
     Party from and against any and all claims, losses and liabilities
     (including attorneys' fees and appraisal fees) growing out of or resulting
     from this Agreement (including, without limitation, enforcement of this
     Agreement), expressly including such claims, losses or liabilities arising
     out of mere negligence of Secured Party, except claims,

                                      -22-

<PAGE>

     losses or liabilities resulting from Secured Party's gross negligence or
     willful misconduct.

          (b)  The Debtors jointly and severally agree, upon written demand, to
     pay to Secured Party the amount of any and all reasonable expenses,
     including the fees and expenses of its counsel and of any appraisers,
     experts and agents, which Secured Party may incur in connection with,
     without limitation, (i) the administration of this Agreement, (ii) the
     custody, preservation, use or operation of, or the sale of, collection
     from, or other realization upon, any of the Collateral, (iii) the exercise
     or enforcement of any of the rights of Secured Party hereunder or (iv) the
     failure by any Debtor to perform or observe any of the provisions hereof.
     Any payments so made shall be a part of the Secured Obligations, shall be
     payable upon written demand, and shall bear applicable interest at the
     interest rate set forth in the Note.

     17.  Further Approvals Required. In connection with the exercise by Secured
Party of its rights hereunder that effects the disposition of or use of any
Collateral, it may be necessary to obtain the prior consent or approval of
Governmental Authorities and other Persons to a transfer or assignment of
Collateral. Each Debtor hereby agrees to execute, deliver and file, and hereby
appoints (to the extent permitted under Applicable Law) Secured Party as its
attorney upon the occurrence and during the continuation of a Default or Event
of Default, to execute, deliver and file on such Debtor's behalf and in such
Debtor's name, all applications, certificates, filings, instruments and other
documents (including without limitation any application for an assignment or
transfer of control or ownership) that may be necessary or appropriate, in
Secured Party's opinion, to obtain such consents or approvals. Each Debtor
further agrees to use its best efforts to obtain such consents or approvals upon
and after the occurrence of a Default or Event of Default that is continuing.
Each Debtor acknowledges that there is no adequate remedy at law for failure by
it to comply with the provisions of this section and that such failure would not
be adequately compensable in damages, and therefore agrees that this section may
be specifically enforced.

     18.  Cumulative Rights. All rights of Secured Party under the Investment
Documents are cumulative of each other and of every other right which Secured
Party may otherwise have at law or in equity or under any other contract or
other writing for the enforcement of the security interest herein or the
collection of the Secured Obligations. The exercise of one or more rights shall
not prejudice or impair the concurrent or subsequent exercise of other rights.

     19.  Modifications: Amendments: Etc. No amendment or waiver of any
provision of this Agreement, and no consent to any departure by any Debtor
herefrom, shall in any event be effective unless the same shall be in writing
and signed by Secured Party, and then such waiver or consent shall be effective
only in the specific instance and for the specific purpose for which given;
provided, that a Joinder Agreement may amend this Agreement by adding an
additional Debtor hereunder without Secured Party's signature.

     20.  Continuing Security Interest; Termination. This Agreement shall create
a continuing security interest in and to all of the Collateral, and the security
interest shall survive until, and this Agreement shall remain in full force and
effect and terminate only upon, the indefeasible payment (including payment in
full in cash in immediately available

                                      -23-

<PAGE>

funds in the case of Secured Obligations consisting of payment obligations) and
performance in full of any and all Secured Obligations and the expiration or
earlier termination of all obligations of the Secured Party under this Agreement
and the other Investment Documents.

     21.  GOVERNING LAW. IN ALL RESPECTS, INCLUDING ALL MATTERS OF CONSTRUCTION,
VALIDITY AND PERFORMANCE, THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND
ENFORCED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF CALIFORNIA
APPLICABLE TO CONTRACTS MADE AND PERFORMED IN THAT STATE (WITHOUT REGARD TO THE
CHOICE OF LAW OR CONFLICTS OF LAW PROVISIONS THEREOF), EXCEPT TO THE EXTENT THAT
THE VALIDITY OR PERFECTION OF THE SECURITY INTEREST HEREUNDER, OR REMEDIES
HEREUNDER, IN RESPECT OF ANY PARTICULAR COLLATERAL ARE GOVERNED BY THE LAWS OF A
JURISDICTION OTHER THAN CALIFORNIA, IN WHICH EVENT SUCH MATTER SHALL BE GOVERNED
BY THE LAWS OF SUCH OTHER JURISDICTION.

     22.  Secured Party's Right to Use Agents. Secured Party may exercise its
rights under this Agreement through an agent or other designee. Without limiting
the generality of the foregoing, each Debtor hereby acknowledges that Secured
Party may, in its discretion, appoint one or more financial institutions to act
as Secured Party's agent in holding in custodial account instruments in which
Secured Party is granted a security interest hereunder, including, without
limitation, certificates of deposit and other instruments evidencing short term
obligations.

     23.  No Interference, Compensation or Expense. Secured Party may exercise
its rights under this Agreement (a) without resistance or interference by any
Debtor except to the extent such Debtor has valid defenses, and (b) without
payment of any rent, license fee or compensation of any kind to any Debtor.

     24.  Waiver. Should any part of the Secured Obligations be payable in
installments, the acceptance by Secured Party at any time and from time to time
of partial payment of the aggregate amount of all installments then matured
shall not be deemed as a waiver of any Default or Event of Default then
existing. No waiver of any Default or Event of Default shall be deemed to be a
waiver of any other subsequent Default or Event of Default, nor shall any such
waiver be deemed to be a continuing waiver. No delay or omission by Secured
Party in exercising any right hereunder, or under any other Investment
Documents, shall impair any such right or be construed as a waiver thereof or
any acquiescence therein, nor shall any single or partial exercise of any such
right preclude other or further exercise thereof, or the exercise of any other
right of Secured Party hereunder or under such other agreements.

     25.  Waivers by Debtors. Each Debtor waives notice of the creation,
advance, increase, existence, extension, or renewal of, or of any indulgence
with respect to, the Secured Obligations; waives presentment, demand, notice of
dishonor, and protest; and waives notice of the amount of the Secured
Obligations outstanding at any time, notice of any change in financial condition
of any Subsidiary. The foregoing sentence, however, is

                                      -24-

<PAGE>

not intended to relieve Security Party of its obligation to give certain notices
as required by the terms of the Investment Documents. Each Debtor waives (a) any
claim that, as to any part of the Collateral, a public sale, should Secured
Party elect so to proceed, is, in and of itself, not a commercially reasonable
method of sale for such Collateral, (b) except as otherwise provided in this
Agreement, TO THE EXTENT PERMITTED BY APPLICABLE LAW, NOTICE OR JUDICIAL HEARING
IN CONNECTION WITH SECURED PARTY'S DISPOSITION OF ANY OF THE COLLATERAL
INCLUDING ANY AND ALL PRIOR NOTICE AND HEARING FOR ANY PREJUDGMENT REMEDY OR
REMEDIES AND ANY SUCH RIGHT THAT COMPANY WOULD OTHERWISE HAVE UNDER THE
CONSTITUTION OR ANY STATUTE OF THE UNITED STATES OR OF ANY STATE, AND ALL OTHER
REQUIREMENTS AS TO THE TIME, PLACE AND TERMS OF SALE OR OTHER REQUIREMENTS WITH
RESPECT TO THE ENFORCEMENT OF SECURED PARTY'S RIGHTS HEREUNDER, and (c) all
rights of redemption, appraisal or valuation. To the maximum extent permitted by
Applicable Law, each Debtor waive all claims, damages, and demands against
Secured Party, its Affiliates, agents, and the officers and employees of any of
them arising out of the repossession, retention, or sale of any Collateral
except such as are determined in a final judgment by a court of competent
jurisdiction to have arisen solely out of the gross negligence or willful
misconduct of any such Person. Each Debtor agrees that ten days' prior notice by
Secured Party to the Debtors of the time and place of any public sale or of the
time after which a private sale may take place is reasonable notification of
such matters.

     26.  Other Parties and Other Collateral. No renewal, increase, or extension
of or any other indulgence with respect to, the Secured Obligations or any part
thereof, no release, exchange, or taking of any security, no release of any
Person (including any Subsidiary, maker, endorser, guarantor, or surety) liable
on the Secured Obligations, no delay in enforcement of payment, no delay or
omission or lack of diligence or care in exercising any right or power with
respect to the Secured Obligations or any security therefor or guaranty thereof
or under this Agreement, and no other circumstance or event which might
constitute a defense available to or discharge of any Debtor or any other
Person, shall in any manner impair or affect the rights of Secured Party
hereunder, under any other Investment Documents, at law, or in equity. Secured
Party need not file suit or assert a claim for personal judgment against any
Person for any part of the Secured Obligations or seek to realize upon any other
security for the Secured Obligations, before foreclosing upon the Collateral for
the purpose of paying the Secured Obligations. Each Debtor waives any right to
the benefit of or to require or control application of any other security or
proceeds thereof, and agrees that Secured Party shall not have any duty or
obligation to any Debtor to apply any such other security or proceeds thereof to
the Secured Obligations. Each Debtor hereby waives all rights by which it might
be entitled to require suit on an accrued right of action in respect of any of
the Secured Obligations or require suit against any Debtor or others.

     27.  Notices. All notices, requests, demands and other communications which
are required or may be given under this Agreement shall be in writing and shall
be deemed to have been duly given if transmitted by telecopier with receipt
acknowledged, or upon delivery, if delivered personally or by recognized
commercial courier with receipt acknowledged, or upon the expiration of 72 hours
after mailing, if mailed by registered or

                                      -25-

<PAGE>

certified mail, return receipt requested, postage prepaid, addressed as set
forth in Section 12.7 of the Securities Purchase Agreement.

     28.  Parties Bound; No Assignment. This Agreement shall be binding on the
Debtors and their respective successors, assigns, and other legal
representatives, and shall bind and inure to the benefit of Secured Party, and
its successors and assigns; provided, however, that no Debtor may assign its
rights or delegate its obligations hereunder without the prior written consent
of Secured Party. The rights, powers, and interests held by Secured Party
hereunder may be transferred or assigned, in whole or in part, in accordance
with the Securities Purchase Agreement and the Intercreditor Agreement.

     29.  Definitions. Unless the context indicates otherwise or the terms are
otherwise defined herein, definitions in the UCC apply to words and phrases in
this Agreement. Each of the terms "Company," "Overhill Ventures," and "Debtors"
includes such Person, such Person's heirs, successors and assigns, such Person
as a debtor-in-possession, and any receiver, trustee, liquidator, conservator,
custodian, or similar party appointed for such Person or all or substantially
all of its assets under any Applicable Law.

     30.  Severability. If any provision of this Agreement is held to be
illegal, invalid, or unenforceable under present or future Applicable Laws
during the term thereof, such provision shall be fully severable, this Agreement
shall be construed and enforced as if such illegal, invalid, or unenforceable
provision had never comprised a part thereof, and the remaining provisions
thereof shall remain in fill force and effect and shall not be affected by the
illegal, invalid, or unenforceable provision or by its severance therefrom.
Furthermore, in lieu of such illegal, invalid, or unenforceable provision there
shall be added automatically as a part of this Agreement a legal, valid, and
enforceable provision as similar in terms to the illegal, invalid, or
unenforceable provision as may be possible.

     31.  Control. Notwithstanding anything herein to the contrary, this
Agreement and the transactions contemplated hereby do not and shall not
constitute, create, or have the effect of constituting or creating, directly or
indirectly, actual or practical ownership by Secured Party of any Debtor or any
issuer of the Collateral, or control, affirmative or negative, direct or
indirect, by Secured Party over the management or any aspect of the day-to-day
operation of any Debtor or any such issuer, which control remains in each
Debtor, each such issuer, and their respective boards of directors, partners and
officers (as appropriate); provided, however, that if Secured Party becomes the
owner of any partnership interest, or other equity or ownership interest in any
entity whether through foreclosure or otherwise, it shall be entitled to
exercise such legal rights as it may have by being an owner of such partnership
interest or other equity or ownership interest.

     32.  Counterparts. This Agreement may be executed in any number of
counterparts, each of which when so executed and delivered shall be deemed an
original, but all such counterparts together shall constitute but one and the
same instrument.

     33.  Entire Agreement. This Agreement represents the final agreement
between the parties with respect to the subject matter hereof and supersedes any
prior oral or written, or any contemporaneous oral, agreements or understandings
of the parties. There are no unwritten oral agreements among the parties.
Nothing in this Agreement or in the other

                                      -26-

<PAGE>

Investment Document, expressed or implied, is intended to confer upon any party
other than the parties hereto or thereto any rights, remedies, Secured
Obligations or liabilities under or by reason of this Agreement or the other
Investment Documents.

     34.  Reinstatement. The provisions of this Agreement shall remain in full
force and effect and continue to be effective even if: (a) any petition is filed
by or against any Debtor or any Subsidiary of any Debtor for liquidation or
reorganization; (b) any Debtor or any Subsidiary of any Debtor becomes insolvent
or makes an assignment for the benefit of creditors; (c) a receiver or trustee
is appointed for all or any significant part of the assets of any Debtor or any
Subsidiary of any Debtor; or (d) at any time payment and performance of the
Secured Obligations, or any part thereof, is, pursuant to Applicable Law,
rescinded or reduced in amount or must otherwise be restored or returned by any
obligee of the Secured Obligations, whether as a "voidable preference,"
"fraudulent transfer," or otherwise, all as though such payment or performance
had not been made. In the event that any payment or any part thereof is
rescinded, reduced, restored, or returned, the Secured Obligations and Secured
Party's Liens in the Collateral shall be reinstated and deemed reduced only by
any amount paid and not so rescinded, reduced, restored, or returned.

     35.  Governing Law. THIS AGREEMENT AND THE OBLIGATIONS OF THE PLEDGOR
HEREUNDER SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE
STATE OF CALIFORNIA (WITHOUT REFERENCE TO CONFLICT OF LAWS).

     36.  Survival of Agreement. All covenants, agreements, representations and
warranties made by the Debtors herein and in the certificates or other
instruments prepared or delivered in connection with or pursuant to this
Agreement shall be considered to have been relied upon by Secured Party and
shall survive the execution and delivery to Secured Party of the Notes pursuant
to the Securities Purchase Agreement, regardless of any investigation made by
Secured Party, and shall continue in full force and effect as long as any
Secured Obligation is outstanding and unpaid.

     37.  Amendment and Restatement. Effective on and as of the Effective Date,
this Agreement shall supersede the Company Security Agreement and the Ventures
Security Agreement insofar as they are inconsistent with this Agreement.
However, the execution and delivery of this Agreement shall not excuse, or
constitute a waiver of, any Defaults or Events of Default under the Company
Security Agreement and the Ventures Security Agreement, it being understood that
this Agreement is not a termination of the Company Security Agreement or the
Ventures Security Agreement but is a modification (and, as modified, a
continuation) thereof. The Company and the other Debtors acknowledge and agree
that the Company Security Agreement and the Ventures Security Agreement, in each
case as amended and restated hereby, are affirmed in all respects and that the
first-priority liens and security interests granted thereunder are continued
hereby and under the Company Pledge Agreement and the PTC Security Agreement.

     38.  Waiver of Jury Trial. EACH PARTY HEREBY KNOWINGLY, INTENTIONALLY AND
VOLUNTARILY, WITH AND UPON THE ADVICE OF COMPETENT COUNSEL, WAIVES, RELINQUISHES
AND FOREVER FORGOES THE RIGHT TO A TRIAL BY JURY IN ANY ACTION, SUIT OR OTHER
PROCEEDING

                                      -27-

<PAGE>

BASED UPON, ARISING OUT OF OR IN ANY WAY RELATING TO (a) THIS AGREEMENT, THE
SECURITIES PURCHASE AGREEMENT OR ANY OTHER INVESTMENT DOCUMENT, INCLUDING ANY
PRESENT OR FUTURE AMENDMENT THEREOF, OR ANY OF THE TRANSACTIONS CONTEMPLATED BY
OR RELATED TO THIS AGREEMENT OR ANY OTHER INVESTMENT DOCUMENT, OR (b) ANY
CONDUCT, ACT OR OMISSION OF THE PARTIES OR THEIR AFFILIATES (OR ANY OF THEM)
WITH RESPECT TO THIS AGREEMENT, THE SECURITIES PURCHASE AGREEMENT OR ANY OTHER
INVESTMENT DOCUMENT, INCLUDING ANY PRESENT OR FUTURE AMENDMENT THEREOF, WHETHER
SOUNDING IN CONTRACT, TORT OR OTHERWISE, REGARDLESS OF WHICH PARTY INITIATES
SUCH ACTION, SUIT OR OTHER PROCEEDING; AND EACH PARTY HEREBY AGREES AND CONSENTS
THAT ANY SUCH ACTION, SUIT OR OTHER PROCEEDING SHALL BE DECIDED BY A COURT TRIAL
WITHOUT A JURY, AND THAT ANY PARTY MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF
THIS SECTION WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF THE PARTIES TO
THE WAIVER OF ANY RIGHT THEY MIGHT OTHERWISE HAVE TO TRIAL BY JURY.

                  [REST OF THIS PAGE INTENTIONALLY LEFT BLANK]

                                      -28-

<PAGE>

     IN WITNESS WHEREOF, the Debtors and Secured Party have caused this
Agreement to be duly executed and delivered as of the date first above written.

                          DEBTORS

                          OVERHILL FARMS, INC., a Nevada corporation

                          By:   ____________________________
                                James Rudis
                                President and Chief Executive Officer

                          By:   ____________________________
                                Richard A. Horvath
                                Vice President and Chief Financial Officer

                          OVERHILL L.C. VENTURES, INC., a California corporation

                          By:   ____________________________
                                James Rudis
                                President

                          By:   ____________________________
                                Richard A. Horvath
                                Vice President and Chief Financial Officer

                          SECURED PARTY

                          LEVINE LEICHTMAN CAPITAL PARTNERS II, L.P., a
                          California limited partnership

                          By: LLCP California Equity Partners II, L.P., a
                              California limited partnership, its General
                              Partner

                              By: Levine Leichtman Capital Partners, Inc.,
                                a California corporation, its General Partner

                                By:________________________
                                   Arthur E. Levine
                                   President

                                      -29-

<PAGE>

                                                                    Exhibit A to
                                         Amended and Restated Security Agreement

                                     FORM OF
                                JOINDER AGREEMENT

     JOINDER AGREEMENT, dated as of ________________,20__, made by
___________________________________ (the "Additional Debtor"), in favor of,
LEVINE LEICHTMAN CAPITAL PARTNERS, II, L.P., a California limited partnership,
its successors and assigns, as Secured Party (in such capacity, "Secured Party")
in connection with the Securities Purchase Agreement referred to below. All
capitalized terms not defined herein shall have the respective meanings ascribed
to them in such Securities Purchase Agreement.

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

     WHEREAS, Overhill Farms, Inc., a Nevada corporation ("Company"), the
entities from time to time parties thereto as Guarantors and Secured Party have
entered into that certain Amended and Restated Securities Purchase Agreement
dated as of ___________, 2002 (as amended from time to time, thc "Securities
Purchase Agreement");

     WHEREAS, in connection with the Securities Purchase Agreement, Company,
Overhill Ventures and their Subsidiaries (other than the Additional Debtor) have
entered into the Amended and Restated Security Agreement dated as of
___________, 200__ (as amended from time to time, the "Security Agreement") in
favor of Secured Party;

     WHEREAS, the Securities Purchase Agreement requires the Additional Debtor
to become a party to the Security Agreement;

     WHEREAS, Company, Overhill Ventures, and their Subsidiaries are members of
a consolidated group of entities whose success is mutually interdependent, and
each of the Company, Overhill Ventures, and their Subsidiaries has derived, and
expects to continue to derive, substantial direct and indirect benefits from the
proceeds of the borrowings made available to the Company under the Note; and

     WHEREAS, the Additional Debtor has agreed to execute and deliver this
Joinder Agreement in order to become a party to the Security Agreement.

     NOW, THEREFORE, IT IS AGREED:

     1.   Security Agreement. By executing and delivering this Joinder
Agreement, the Additional Debtor, as provided in Section 7(h) of the Security
Agreement, hereby becomes a party to the Security Agreement as a Debtor
thereunder with the same force and effect as if originally named therein as a
Debtor and, without limiting thc generality of the foregoing, hereby expressly
assumes all obligations and liabilities of a Debtor thereunder. Without limiting
the generality of the foregoing, the Additional Debtor hereby assigns, pledges
and grants to Secured Party a continuing security interest (subject, as to
priority, only to the Senior Liens and Permitted Liens to the extent entitled to
priority by Applicable Law) in and to all of the Additional Debtor's right,
title and interest to Collateral. The

                                      -2-

<PAGE>

information set forth in Annex 1-A hereto is hereby added to the information set
forth in the Schedules to the Security Agreement. The Additional Debtor hereby
represents and warrants that each of the representations and warranties
contained in Section 6 of the Security Agreement is true and correct on and as
the date hereof (after giving effect to this Joinder Agreement) as if made on
and as of such date.

     2.   The Additional Debtor hereby represents and warrants that the
representations, warranties and acknowledgments in the Securities Purchase
Agreement or the Security Agreement, as the case may be, made by or with respect
to the Additional Debtor are true and correct in all material respects on and of
the date hereof as though made on and as of the date hereof, and further
represents and warrants that:

          (a) The Additional Debtor is a corporation duly organized, validly
     existing and in good standing under the laws of the State of ________;

          (b) The Additional Debtor has all requisite power and authority to own
     and hold or lease the properties it purports to own, hold or lease, to
     carry on its business as currently conducted and as proposed to be
     conducted and to enter into and deliver this Joinder Agreement and perform
     its obligations hereunder and under the PTC Security Agreement; and

          (c) This Additional Debtor and the Security Agreement constitute the
     legal, valid and binding obligations of the Additional Debtor, enforceable
     against the Additional Debtor in accordance with their respective terms.

     3.   Binding Effect. This Joinder Agreement shall be binding upon, and
inure to the benefit of, the Additional Debtor and its successors and permitted
assigns.

     4.   Governing Law. THIS JOINDER AGREEMENT SHALL BE GOVERNED BY, AND
CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF
CALIFORNIA.

     IN WITNESS WHEREOF, the undersigned has caused this Joinder Agreement to be
duly executed and delivered as of the date first above written.

                                            [ADDITIONAL DEBTOR]

                                            By:  _______________________________
                                                 Name:
                                                 Title:

                                      -3-

<PAGE>

                                                                    Annex 1-A to
                                                               Joinder Agreement

                            Supplement to Schedule 1

                            Supplement to Schedule 2

                            Supplement to Schedule 3

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