Document:

Exhibit 10.3
                              CONSENT AND AMENDMENT

      CONSENT AND AMENDMENT,  dated as of May 9, 2006 (this  "Consent"),  by and
among TrueYou.com Inc., a Delaware corporation (the "Parent"),  Klinger Advanced
Aesthetics,  Inc., a Delaware corporation formerly known as Advanced Aesthetics,
Inc.  (the "Old  Parent"),  and each of  Anushka  PBG  Acquisition  Sub,  LLC, a
Delaware limited  liability  company  ("Anushka PBG"),  Anushka Boca Acquisition
Sub, LLC, a Delaware  limited  liability  company  ("Anushka  Boca"),  Wild Hare
Acquisition  Sub,  LLC,  a  Delaware  limited   liability  company  ("Wild  Hare
Acquisition"),  DiSchino Corporation,  a Florida corporation  ("DiSchino"),  and
Klinger Advanced Aesthetics,  LLC, a Delaware limited liability company formerly
known as Advanced K, LLC ("KAA,  LLC";  each of KAA, LLC,  Anushka PBG,  Anushka
Boca, Wild Hare  Acquisition  and DiSchino being herein called a  "Co-Borrower";
the Co-Borrowers, the Parent and the Old Parent being herein collectively called
the "Obligors"), Technology Investment Capital Corp., a Maryland corporation, as
Collateral  Agent  and  Purchaser  (for  the  purposes  of  this  Consent,   the
"Purchaser").

                                 R E C I T A L S

      A.  Reference  is hereby made to that  certain  Note and Warrant  Purchase
Agreement,  dated as of March 31, 2004,  among the Old Parent,  the Co-Borrowers
and the Purchaser (the "Original Purchase Agreement").  Pursuant to the Original
Purchase   Agreement,   the  Purchaser  agreed  to  purchase,   subject  to  the
satisfaction of certain conditions,  senior secured promissory notes due 2009 of
the Co-Borrowers in a maximum aggregate principal amount of $10,000,000.

      B. Pursuant to amendments dated May 30, 2004, June 29, 2004, September 30,
2004,  March 15, 2005 and July 11, 2005, a Limited  Waiver and  Amendment  dated
February 23, 2005, a Waiver and Amendment dated as of August 30, 2005, a Limited
Waiver and  Amendment  dated as of October 26,  2005,  an  Amendment to Note and
Warrant  Purchase  Agreement dated as of November 29, 2005, a Limited Waiver and
Amendment  dated as of December 20, 2005,  and an Amendment and Consent dated as
of February  21, 2006 (the  foregoing  amendments,  waivers and  consents  being
herein  collectively  called the "Amendments"),  certain amendments were made to
the Original Purchase Agreement, certain obligations under the Original Purchase
Agreement  were waived by the  Purchaser,  and the Parent was joined as a party.
The Original  Purchase  Agreement as amended by the  Amendments  is  hereinafter
referred to as the "Existing Purchase Agreement".  Capitalized terms used herein
without  definition shall have the respective  meanings  ascribed to them in the
Existing Purchase Agreement.

      C. The Obligors have requested,  and the Purchaser has agreed,  subject to
the terms and conditions set forth herein,  to consent to the making on the date
hereof of a junior  subordinated  loan to the Parent in the aggregate  principal
amount of  $4,838,710  (the  "Subordinated  Loan") by Klinger  Investments  LLC,
Pequot  Healthcare Fund, L.P., Pequot  Healthcare  Offshore Fund, inc.,  Premium
Series PCC Limited - Cell 32,  Pequot  Diversified  Master  Fund,  Ltd.,  Pequot
Healthcare  Institutional Fund, L.P., North Sound Legacy Institutional Fund LLC,
and North Sound  Legacy  International  Ltd.  (collectively,  the  "Subordinated
Lenders")  pursuant to a Loan Agreement  dated as of the date hereof in the form
set forth as  Exhibit A hereto  (as  amended  from time to time  hereafter,  the
"Subordinated Loan Agreement"),  and those certain Subordinated Promissory Notes
dated the date hereof in the form set forth as

                                      -2-

<PAGE>

Exhibit B hereto (as  amended  from time to time  hereafter,  the  "Subordinated
Notes"). The obligations of the Parent under the Subordinated Loan Agreement and
the  Subordinated  Notes would be guaranteed by each of the  subsidiaries of the
Parent listed in Exhibit A to the Subordinated Loan Agreement (the "Subordinated
Guarantors")  pursuant  to  Unconditional  Guaranties,  in the form set forth in
Exhibit C hereto and dated as of the date hereof (collectively,  as amended from
time to time hereafter,  the  "Subordinated  Guaranties";  the Subordinated Loan
Agreement,   the  Subordinated   Notes  and  the  Subordinated   Guaranties  are
hereinafter  collectively referred to as the "Subordinated Loan Documents").  On
the date hereof,  and as a condition to the  effectiveness of this Consent,  the
Parent,  the Subordinated  Guarantors and the Subordinated  Lenders are entering
into a Subordination Agreement with the Purchaser dated as of the date hereof in
the form of Exhibit D hereto.

      NOW, THEREFORE,  in consideration of the foregoing recitals and the mutual
covenants  and  agreements  contained  herein,  and for other good and  valuable
consideration the receipt and sufficiency of which are hereby acknowledged,  the
parties hereto agree as follows:

      1. Consent to Subordinated Loan. Subject to the due execution and delivery
on the date hereof of the  Subordination  Agreement by all parties thereto other
than the Purchaser,  the Purchaser hereby consents to the execution and delivery
on the date hereof of the Subordinated Loan Documents by the respective  parties
thereto and the extension of the Subordinated Loan to the Parent as provided for
therein.  The term "Permitted  Indebtedness" as defined in the Existing Purchase
Agreement  shall on and after the date  hereof be deemed  amended to include the
Indebtedness  and  obligations  incurred  by the  Parent  and  the  Subordinated
Guarantors pursuant to the Subordinated Loan Documents.

      2. Amendment to Definitions of "Consolidated Total Debt" and "Consolidated
Interest Expense".  On and after the date hereof,  the term "Consolidated  Total
Debt" as defined in Section 1 of the Existing Purchase Agreement shall be deemed
amended to exclude all Indebtedness  incurred by the Parent and its Subsidiaries
pursuant to the Subordinated Loan Documents, and the term "Consolidated Interest
Expense" as defined  therein  shall be deemed  amended to exclude  all  interest
accrued in respect of the Subordinated Loan so long as such interest is not paid
in cash.

      3.  Amendment to Definition of "Change of Control".  On and after the date
hereof,  the term  "Change of Control"  as defined in Section 1 of the  Existing
Purchase Agreement shall be deemed amended to include, in any event, any "Change
of Control" as such term is defined in the Subordinated Loan Agreement.

      4. Waiver of Default Under Cash Balance  Covenant.  If and only if (i) the
financing  contemplated by the Subordinated Loan Documents is consummated on the
date hereof and (ii) the  Unrestricted  Cash Balance is not less than $2,500,000
on the date hereof,  the Purchaser  hereby waives any Event of Default which may
have  occurred by reason of the failure of the  Co-Borrowers  to comply with the
provisions of Section 7.6 of the Existing  Purchase  Agreement at any time prior
to the date hereof.

      5.  Representations  and Warranties of the Obligors.  Each of the Obligors
represents and warrants to the Purchaser that:

      (a)  After  giving  effect  to  this  Consent,   the  representations  and
warranties contained in Section 3 of the Existing Purchase Agreement are true in
all material respects on and as of the date hereof to the same extent as if made
on and as of the date hereof except to the extent that such  representations and
warranties  specifically  relate to an earlier date, in which case they are true
in all material respects as of such earlier date.

      (b) The  execution,  delivery and  performance  by each of the Obligors of
this Consent are within  their  respective  corporate  powers and have been duly
authorized  by all  necessary  corporate  action  on the  part of the  board  of
directors and  stockholders  of each respective  Obligor.  This Consent has been
duly executed and delivered by each of the Obligors and is the legal,  valid and
binding  obligation  of each  Obligor,  enforceable  against  that  Obligor,  in
accordance  with its terms,  except to the extent that such  enforcement  may be
limited by applicable  bankruptcy,  insolvency  and other similar laws affecting
creditors' rights generally and by general principles of equity.

      (c)  Neither the  execution  and  delivery by any of the  Obligors of this
Consent,  nor the  fulfillment  of or compliance  with the terms and  provisions
hereof,  will  conflict  with,  or result in a breach or violation of the terms,
conditions or provisions  of, or  constitute a default  under,  or result in the
creation of any Lien on any properties or assets of any Obligor pursuant to, the
Organizational Documents of such Obligor or any contract,  agreement,  mortgage,
indenture,  lease or  instrument to which such Obligor is a party or by which it
is bound or to which any of its assets are subject,  or any statute,  ordinance,
law, rule,  regulation,  order, writ, judgment,  injunction,  decree or award to
which such Obligor or any of its assets are subject.

      (d) No consent, approval or authorization of or declaration,  registration
or  filing  with  any  Governmental  Authority  or any  nongovernmental  Person,
including,  without  limitation,  any creditor or stockholder of any Obligor, is
required in  connection  with the  execution or delivery by such Obligor of this
Consent or the performance by such Obligor of its obligations hereunder, or as a
condition to the  legality,  validity or  enforceability  of this Consent or any
provision hereof.

      6. Payment of Expenses.  The Obligors shall promptly pay, or reimburse the
Purchaser  for, all costs and expenses of the  Purchaser  incurred in connection
with the  negotiation,  preparation  and  execution of this  Consent,  including
without  limitation the fees and cash  disbursements of the Purchaser's  special
counsel, Nixon Peabody LLP.

      7. Effect of Amendment.  It is hereby agreed that,  except as specifically
provided  herein,  this  Consent does not in any way affect or impair the terms,
conditions and other provisions of the Existing Purchase Agreement or any of the
other Transaction Documents, or the obligations of the Obligors thereunder,  and
all terms,  conditions and other provisions of the Existing  Purchase  Agreement
and the  Transaction  Documents  shall remain in full force and effect except to
the extent specifically  amended,  modified or waived pursuant to the provisions
of this Consent.

      8.   Counterparts.   This  Consent  may  be  executed  in  any  number  of
counterparts,  each of which shall be deemed an original, and all of which taken
together shall be deemed to constitute one and the same instrument.  Delivery of
an executed counterpart of a signature page of this Consent by telecopy or other
electronic means shall be effective as delivery of a manually

                                      -3-

<PAGE>

executed counterpart of this Consent. Delivery of manually executed counterparts
of  this  Consent  shall  immediately  follow  delivery  by  telecopy  or  other
electronic means, but the failure to so deliver a manually executed  counterpart
shall not affect the validity, enforceability, or binding effect hereof.

      9.  Governing  Law.  THIS CONSENT  SHALL BE GOVERNED BY AND  CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

      10.  Headings.  Section  headings are included  herein for  convenience of
reference  only and shall not  constitute  a part of this  Consent for any other
purposes.

            [THE REMAINDER OF THIS PAGE LEFT INTENTIONALLY BLANK]

                                      -4-

<PAGE>

      IN WITNESS  WHEREOF,  the parties  hereto have executed this Consent as of
the day and year first written above.

                                    TRUEYOU.COM INC.

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                    KLINGER ADVANCED AESTHETICS, INC.

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                    ANUSHKA PBG ACQUISITION SUB, LLC

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                    ANUSHKA BOCA ACQUISITION SUB, LLC

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                    WILD HARE ACQUISITION SUB, LLC

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                       -5-

<PAGE>

                                    DISCHINO CORPORATION

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                    KLINGER ADVANCED AESTHETICS, LLC

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                    TECHNOLOGY INVESTMENT CAPITAL CORP., as
                                    Collateral Agent and Purchaser

                                       By: /s/ Saul B. Rosenthal
                                          --------------------------------------
                                       Name:  Saul B. Rosenthal
                                       Title: President

                                      -6-

<PAGE>

                       EXHIBIT A TO CONSENT AND AMENDMENT

                       Form of Subordinated Loan Agreement

<PAGE>

                       EXHIBIT B TO CONSENT AND AMENDMENT

                      Form of Subordinated Promissory Note

<PAGE>

                       EXHIBIT C TO CONSENT AND AMENDMENT

                         Form of Unconditional Guaranty

<PAGE>

                       EXHIBIT D TO CONSENT AND AMENDMENT

                         Form of Subordination AgreementExhibit 10.4

                             SUBORDINATION AGREEMENT

      SUBORDINATION AGREEMENT (this "Agreement"),  dated as of May 9, 2006, made
and entered  into by and among  TRUEYOU.COM  INC., a Delaware  corporation  (the
"Borrower"),  the  subsidiaries  of the  Borrower  named  as  Guarantors  on the
signature  pages to this  Agreement  (the  "Guarantors"  and,  together with the
Borrower, collectively the "Loan Parties" and each individually a "Loan Party"),
TECHNOLOGY INVESTMENT CAPITAL CORP., a Maryland corporation, individually and as
Collateral Agent under the Note and Warrant Purchase Agreement referred to below
(together with its successors and assigns, the "Senior Lender"), and the several
lenders  whose  names are set forth on  Schedule A hereto  (together  with their
respective successors and assigns, the "Subordinated Lenders").

                              R E C I T A L S :

      A. The Loan  Parties  and the  Senior  Lender  are  parties  to a Note and
Warrant Purchase  Agreement dated as of March 31, 2004, as amended by amendments
dated May 30, 2004, June 29, 2004,  September 30, 2004,  March 15, 2005 and July
11, 2005, a Limited  Waiver and Amendment  dated February 23, 2005, a Waiver and
Amendment  dated as of August 30, 2005, a Limited Waiver and Amendment  dated as
of October 26, 2005, an Amendment to Note and Warrant  Purchase  Agreement dated
as of November 29, 2005, a Limited Waiver and Amendment dated as of December 20,
2005,  and an  Amendment  and Consent  dated as of February 21, 2006 (as further
amended by a Consent and Amendment dated as of the date hereof, and as from time
to time hereafter amended, modified,  supplemented or restated, the "Senior Loan
Agreement").

      B. On the date  hereof,  the  Borrower  and the  Subordinated  Lenders are
entering  into a Loan  Agreement  of even  date  herewith  (as from time to time
amended, modified,  supplemented or restated in accordance with the terms hereof
and  thereof,  the  "Subordinated  Loan  Agreement"),   pursuant  to  which  the
Subordinated  Lenders are lending to the  Borrower  term loans in the  aggregate
principal  amount of  $4,838,710.  The  obligations  of the  Borrower  under the
Subordinated Loan Agreement and under that certain Subordinated  Promissory Note
dated as of the date hereof issued by the Borrower to the  Subordinated  Lenders
in the principal  amount of $4,838,710 (as from time to time amended,  modified,
supplemented  or restated in accordance  with the terms hereof and thereof,  the
"Subordinated Note") are guarantied by those certain  Unconditional  Guaranties,
each dated as of the date hereof,  executed by each of the  Guarantors  (as from
time to time amended, modified,  supplemented or restated in accordance with the
terms hereof and thereof, the "Subordinated Guaranties").

      C. Under the terms of the Senior Loan Agreement, the consent of the Senior
Lender is  required  in order to permit  the Loan  Parties  to enter into and to
execute,  deliver and perform  their  obligations  under the  Subordinated  Loan
Agreement and the other documents executed in connection  therewith.  The Senior
Lender and the Loan Parties are  executing a Consent and  Amendment  dated as of
the date  hereof (the  "Senior  Lender  Consent")  which,  among  other  things,
provides such required consent of the Senior Lender and which also requires,  as
a  condition  precedent  to  such  consent,   that  the  Loan  Parties  and  the
Subordinated Lenders execute and deliver this Agreement.

<PAGE>

      NOW, THEREFORE, in order to induce the Senior Lender to execute the Senior
Lender Consent, and pursuant to the terms of the Senior Lender Consent, the Loan
Parties and the  Subordinated  Lenders hereby agree with the Senior Lender that,
until  the  Senior  Indebtedness  (as  hereinafter   defined)  shall  have  been
indefeasibly paid in full in cash, each of the Loan Parties and the Subordinated
Lenders will comply with such of the following  provisions  as are  respectively
applicable to them:

      1.   Definitions.   Capitalized  terms  used  in  this  Agreement  without
definition  shall have the  respective  meanings  ascribed to them in the Senior
Loan Agreement. As used in this Agreement,  the terms set forth below shall have
the following meanings:

      "Bankruptcy  Code"  means 11 U.S.C.  Sec.  101 et seq.,  as from time to
time hereafter amended, and any successor or similar statute.

      "Bankruptcy  Proceeding"  means (a) any voluntary or  involuntary  case or
proceeding under the Bankruptcy Code or any comparable federal, state or foreign
statute or law providing for the relief of debtors,  relating to any of the Loan
Parties or their respective assets or securities, (b) any receivership, total or
partial  liquidation,  reorganization,  adjustment,  readjustment,  arrangement,
composition  or other  similar  case or  proceeding  relating to any of the Loan
Parties  or  their  respective  assets  or  securities,   whether  voluntary  or
involuntary, (c) any liquidation,  dissolution,  reorganization or winding up of
any of the Loan  Parties  or their  respective  assets  or  securities,  whether
voluntary or involuntary  and whether or not involving  insolvency or bankruptcy
proceedings,  or (d) any  assignment  for the  benefit  of  creditors  or  other
marshalling of the assets of any of the Loan Parties.

      "Enforcement  Action"  means,  with respect to any holder of  Subordinated
Indebtedness,  the  exercise of any rights or  remedies  against any of the Loan
Parties or their respective assets in respect of the Subordinated  Indebtedness,
including,  without  limitation,  (a) the  acceleration  of the  maturity of the
Subordinated  Indebtedness  or any part  thereof,  (b) the  commencement  of any
litigation,  action,  suit,  claim,  remedy or  proceeding  in  respect  thereof
(including,  without limitation,  the commencement of any involuntary Bankruptcy
Proceeding  against any of the Loan Parties),  (c) the creation or perfection of
any Lien on any of the Loan Parties' real or personal  property to secure any of
the  Subordinated  Indebtedness  or any  judgment  in respect  thereto,  (d) the
enforcement  of any Lien  securing  the  Subordinated  Indebtedness  (including,
without limitation,  the commencement of any foreclosure action, the exercise of
any power of sale, right of setoff, sale by advertisement,  the taking of a deed
or  assignment  in lieu of  foreclosure,  the  obtaining  of a receiver,  or the
exercise of any other remedies  available  under the Uniform  Commercial Code of
any  state),  (e) the  exercise  of any right of setoff  against any of the Loan
Parties,  or (f) the exercise any other rights or remedies  under the provisions
of the Subordinated  Loan Documents or at law or in equity which such holder may
have by reason of the occurrence and continuance of any Subordinated Default.

      "Exempted  Subordinated  Default" means any "Event of Default" of the type
specified in Section 4 of the Subordinated Note to the extent that such Event of
Default  relates to the  failure of the  Borrower  to pay in full on or prior to
July 1, 2009 the principal  amount of the  Subordinated  Indebtedness,  together
with all interest  accrued  thereon and all other amounts then due hereunder and
under the other Subordinated Loan Documents.

                                      -2-

<PAGE>

      "Senior  Indebtedness"  means (a) the principal amount of Indebtedness now
or hereafter  incurred by the Loan Parties under the Senior Loan Documents,  (b)
prepayment charges, if any, payable with respect thereto,  (c) interest and fees
payable thereunder  (including,  without limitation,  interest and fees accruing
subsequent  to the  commencement  by or against  any of the Loan  Parties of any
proceeding under the Bankruptcy  Code,  whether or not such interest or fees are
allowed as claims in such  proceeding),  (d) all obligations of the Guarantor or
any  other  Person  under  any  Guarantee  of any of  such  Indebtedness  now or
hereafter  executed  pursuant to the Senior Loan Documents,  including,  without
limitation,  the Senior Guarantee,  and (e) costs, expenses (including,  without
limitation,  attorneys' fees and disbursements),  charges, indemnities and other
amounts now or hereafter  payable pursuant to the terms of or in connection with
any of the Senior  Loan  Documents;  provided,  however,  that the term  "Senior
Indebtedness"  shall not include any  increases  resulting  from any  amendment,
modification or supplement to or restatement of the Senior Loan Documents in any
of the  amounts  identified  in clauses  (a)  through (e) above from the amounts
outstanding, or otherwise provided for pursuant to the terms of, the Senior Loan
Documents as amended and in effect on the date hereof to the extent of:

            (i) increases in the aggregate  principal  amount of all such Senior
Indebtedness  in excess of 115% of the maximum amount provided for in the Senior
Loan Agreement as of the date hereof;

            (ii)  increases   aggregating  more  than  2.0%  per  annum  in  the
applicable interest rate that accrues with respect to any Senior Indebtedness in
excess of the rate provided for in the Senior Loan Agreement (but nothing herein
shall be  construed  to prevent the  accrual of  interest at a greater  rate per
annum upon the  occurrence  and during the  continuance  of a default  under the
Senior Loan Documents as now provided therein); or

            (iii)  increases  in (x) any  prepayment  charges  in respect of the
Senior  Indebtedness as identified in clause (b) above,  (y) any fees payable in
respect of the Senior  Indebtedness as identified in clause (c) above or (z) any
of the amounts  specified in clause (e) above in excess of the amounts  provided
for pursuant to the terms of the Senior Loan  Documents in the form in effect on
the date hereof (but  nothing  herein  shall be  construed to prevent the Senior
Lender  from  charging   additional  fees  in  connection  with  any  amendment,
modification  or  supplement  to or  restatement  of  any  of  the  Senior  Loan
Documents,  any  waiver or consent  given in  respect  of any of the  provisions
thereof, or any workout or restructuring of the Senior Indebtedness).

      "Senior  Lender" means and includes all Persons who shall now or hereafter
hold all or any part of the Senior Indebtedness, and their respective successors
and assigns.

      "Senior Loan Documents"  means the Senior Loan Agreement,  the Notes,  the
Security  Agreement,  the Guaranty  Agreement,  and all other notes,  mortgages,
indentures, deeds of trust, security agreements,  pledge agreements,  letters of
credit, financing statements,  guarantees and other agreements,  instruments and
documents now or hereafter executed pursuant thereto or in connection therewith,
and all credit agreements, loan agreements,  notes, mortgages,  indentures, deed
of trusts, security agreements, pledge agreements,  letters of credit, financing
statements, guarantees and other agreements, instruments and documents hereafter
executed  in  connection  with any  extension  or  renewal  of any of the Senior
Indebtedness,  or in connection  with any

                                      -3-

<PAGE>

refunding or refinancing of the Senior  Indebtedness which does not increase the
principal amount of Senior  Indebtedness at the time outstanding,  as any of the
same may  hereafter  from time to time be  amended,  modified,  supplemented  or
restated in accordance with the terms thereof.

      "Subordinated  Default"  means  any  "Event  of  Default"  as such term is
defined in Article VII of the Subordinated Loan Agreement or in Section 4 of the
Subordinated Note.

      "Subordinated Indebtedness" means the principal amount of all Indebtedness
of the Loan Parties now or hereafter  outstanding  under the  Subordinated  Loan
Documents together with interest thereon and prepayment charges (if any) payable
with respect thereto, all fees, costs,  expenses,  indemnities and other amounts
now or hereafter  payable  pursuant to the terms of or in connection with any of
the Subordinated Loan Documents,  and all obligations of the Loan Parties or any
other Person under any  guarantee of any of such  Indebtedness  now or hereafter
executed  pursuant  to  the  Subordinated  Loan  Agreement  (including,  without
limitation, the Subordinated Loan Guarantees). "Subordinated Indebtedness" shall
include, without limitation, any obligation or claim with respect to an optional
or mandatory  prepayment or redemption of the Subordinated  Indebtedness and any
obligation  or claim  (whether for  rescission  or damages and whether  based on
contract,  tort, duty imposed by law, or any other theory of liability) relating
to or arising  out of the  extension  of the  Subordinated  Indebtedness  or the
offer, sale or purchase of any notes,  guarantees or other instruments issued by
any of the Loan  Parties  pursuant to any of the  Subordinated  Loan  Documents.
Notwithstanding anything to the contrary set forth herein, in no event shall the
payment  required to be made  pursuant to Section 5.4 of the  Subordinated  Loan
Agreement (if paid on the date hereof in accordance  with the provisions of that
Section)  be  deemed  to  be  "Subordinated   Indebtedness"  hereunder  and,  in
furtherance of the foregoing, for all purposes of the Senior Loan Documents, the
Senior  Lenders  hereby  irrevocably  consent to and approve  such payment if so
paid.

      "Subordinated  Lender"  means and  includes  all  Persons who shall now or
hereafter  hold  all or any part of the  Subordinated  Indebtedness,  and  their
respective successors and assigns.

      "Subordinated  Loan Documents" means the Subordinated Loan Agreement,  the
Subordinated Note, the Subordinated  Guaranties and all other notes,  guaranties
and other  agreements,  instruments  and  documents  now or  hereafter  executed
pursuant to or in connection  with any of the foregoing,  as any of the same may
hereafter from time to time be amended,  modified,  supplemented  or restated in
accordance with the terms hereof and thereof.

      "Subsidiary"  means as to any Person a  corporation  of which  outstanding
shares of capital stock having  ordinary  voting power (other than capital stock
having such power only by reason of the happening of a  contingency)  to elect a
majority of the Board of  Directors of such  corporation  are at the time owned,
directly or  indirectly  through one or more  intermediaries,  or both,  by such
Person.

                                      -4-
<PAGE>

      2. Subordination.

      2.1 Subordinated Indebtedness Subordinated to Senior Indebtedness.

      (a) Each of the Loan Parties,  for itself and its  successors and assigns,
covenants  and agrees,  and each  holder of  Subordinated  Indebtedness,  by its
acceptance  thereof,  shall be deemed to have  agreed,  that the  payment of the
Subordinated  Indebtedness shall be subordinate and subject in right of payment,
to the extent and in the manner hereinafter set forth, to the prior indefeasible
payment  in full in cash of all  Senior  Indebtedness,  and that each  holder of
Senior  Indebtedness,  whether now outstanding or hereafter  created,  incurred,
assumed or guaranteed,  shall be deemed to have acquired Senior  Indebtedness in
reliance upon the provisions contained in this Agreement.

      (b) Notwithstanding  anything set forth in this Agreement to the contrary,
the  provisions  of this  Agreement  (other than the  provisions of this Section
2.1(b))  shall not apply to any  payments  made by Borrower to the  Subordinated
Lenders in respect of the principal amount of the Subordinated  Indebtedness and
accrued interest and other amounts payable thereon ("Exempted  Payments") if and
only if (i) such payments are made in connection with a Qualified  Financing (as
defined  below)  and (ii)  immediately  following  such  payments,  all  amounts
received by the Subordinated Lenders in respect of such payments are remitted to
Borrower in payment of the purchase price of Permitted Junior  Securities issued
by  Borrower  to the  Subordinated  Lenders in  connection  with such  Qualified
Financing.  For purposes of clarity,  the Senior Lenders hereby  acknowledge and
agree that (i) none of the provisions of this Agreement (other than this Section
2.1(b)) shall be deemed  applicable to any such Exempted  Payment,  (ii) for all
purposes of the Senior Loan  Documents,  the Senior Lenders  hereby  irrevocably
consent to and approve any such Exempted Payment,  and (iii) upon receipt of any
Exempted  Payment in payment of any  Subordinated  Indebtedness,  so long as all
amounts so received  are  immediately  paid to  Borrower  to purchase  Permitted
Junior Securities as set forth above, the applicable holder of such Subordinated
Indebtedness shall not be subject to any provisions of this Agreement in respect
of such  Exempted  Payment  (other than this Section  2.1(b)).  For the purposes
hereof,  (A) "Qualified  Financing"  means any public or private  placement,  or
series of related  placements,  of Permitted Junior Securities of Borrower which
provides gross proceeds to Borrower of at least $16,000,000;  and (B) "Permitted
Junior  Securities" means shares of common stock of Borrower or any other equity
securities  of Borrower that are  convertible  into or  exchangeable  for common
stock of  Borrower,  or any right,  warrant or option to acquire any such common
stock or any such  convertible or exchangeable  equity  securities,  if Borrower
shall not be subject to any  obligation,  absolute or  contingent,  to redeem or
repurchase  any  of  such  common  stock,  convertible  or  exchangeable  equity
securities  or  rights,  warrants  or  options  at any time  prior to the  final
maturity date of the Senior Indebtedness..

      2.2 Subordinated  Indebtedness Subordinated to Prior Payment of All Senior
Indebtedness Upon a Bankruptcy  Proceeding.  Upon any payment or distribution of
the assets of any of the Loan Parties of any kind or character, whether in cash,
property or securities from any source whatsoever (including any collateral, and
proceeds  thereof  whether  in  cash  or in  kind,  at  any  time  securing  the
Subordinated Indebtedness), to creditors upon any Bankruptcy Proceeding, then in
such event:

            (i) all Senior Indebtedness shall first be indefeasibly paid in full
      in cash  before  any  payment  is made on  account  of or  applied  on the
      Subordinated Indebtedness;

                                      -5-

<PAGE>

            (ii) any payment or  distribution  of assets of the Loan  Parties of
      any kind or character,  whether in cash,  property or securities  from any
      source whatsoever,  to which the holders of the Subordinated  Indebtedness
      would be entitled  except for the  provisions  of this Section 2, shall be
      paid or delivered by any debtor, custodian,  liquidating trustee, agent or
      other Person making such payment or distribution,  directly to the holders
      of the Senior  Indebtedness,  or their  representative or representatives,
      ratably  according to the aggregate amounts remaining unpaid on account of
      the  principal  of and  interest  on  such  Senior  Indebtedness  held  or
      represented  by each,  for  application  to the payment of all such Senior
      Indebtedness  remaining unpaid, until all of the Senior Indebtedness shall
      be indefeasibly paid in full in cash; and

            (iii) in the event that, notwithstanding the foregoing provisions of
      this  Section  2.2,  any  payment  or  distribution  of assets of the Loan
      Parties of any kind or character,  whether in cash, property or securities
      from  any  source   whatsoever,   shall  be  received  by  any  holder  of
      Subordinated  Indebtedness  before  all  of  the  Senior  Indebtedness  is
      indefeasibly  paid in full in cash, such payment or distribution  shall be
      held in  trust  for the  benefit  of,  and  shall  immediately  be paid or
      delivered  by such  holder  to, as the case may be,  the  holders  of such
      Senior   Indebtedness   remaining  unpaid,  or  their   representative  or
      representatives,  for  application  to  the  payment  of all  such  Senior
      Indebtedness  remaining unpaid, ratably according to the aggregate amounts
      remaining  unpaid  on  account  of  such  Senior   Indebtedness   held  or
      represented  by  each,  until  all of the  Senior  Indebtedness  shall  be
      indefeasibly paid in full in cash.

      2.3 No  Payments  With  Respect to  Subordinated  Indebtedness  in Certain
Circumstances.

      (a)  Except as  otherwise  specifically  provided  in Section  2.1(b),  no
payment on account of the Subordinated Indebtedness or any judgment with respect
thereto,  whether in cash,  property or securities  from any source  whatsoever,
shall be made by or on  behalf of any of the Loan  Parties  prior to the date on
which all of the Senior Indebtedness shall be indefeasibly paid in full in cash.

      (b) Following any acceleration of the maturity of any Senior  Indebtedness
and as long as such acceleration shall continue unrescinded and unannulled,  all
Senior  Indebtedness shall first be indefeasibly paid in full in cash before any
payment is made on account of or applied to the Subordinated Indebtedness.

      (c)  Following  any  acceleration  of the  maturity  of  any  Subordinated
Indebtedness,  and as long as such acceleration  shall continue  unrescinded and
unannulled,  all Senior Indebtedness shall first be indefeasibly paid in full in
cash  before any  payment  is made on account of or applied to the  Subordinated
Indebtedness.

      (d) Except as otherwise  specifically  provided in Section 2.1(b),  in the
event that,  notwithstanding  the foregoing  provisions of this Section 2.3, any
payment or  distribution of assets of the Loan Parties of any kind or character,
whether in cash,  property or securities,  from any source whatsoever,  shall be
received by any holder of  Subordinated  Indebtedness  contrary to the foregoing
provisions  of this Section 2.3, such payment or  distribution  shall be held in
trust

                                      -6-

<PAGE>

for the benefit of, and shall be  immediately  paid or  delivered by such holder
to,  as the case may be,  the  holders  of such  Senior  Indebtedness  remaining
unpaid,  or their  representative  or  representatives,  for  application to the
payment or prepayment of all such Senior Indebtedness  remaining unpaid, ratably
according to the  aggregate  amounts  remaining  unpaid on account of the Senior
Indebtedness  held or  represented  by each, to the extent  necessary to pay all
such Senior  Indebtedness  in full in cash after giving effect to any concurrent
payment or distribution to the holders of such Senior Indebtedness.

      2.4 Limitations on Enforcement Actions.

      (a)  Notwithstanding  the occurrence and  continuance of any  Subordinated
Default  (other  than  an  Exempted   Subordinated   Default,   in  which  case,
notwithstanding  anything to the contrary  set forth  herein,  the  Subordinated
Lenders shall have the right to accelerate the Subordinated  Indebtedness and to
seek any other  remedy  in  respect  thereof  provided  for in  Section 5 of the
Subordinated  Note;  provided,  that,  notwithstanding  the  acceleration of the
Subordinated Indebtedness or the seeking of any other remedy in respect thereof,
the  Subordinated  Indebtedness  shall  remain  subject  to  each  of the  other
provisions of this Agreement),  no holder of Subordinated  Indebtedness shall at
any  time  commence  or  pursue  any  Enforcement  Action  with  respect  to the
Subordinated  Indebtedness  until the earliest to occur of the  following and in
any event no earlier  than ten (10) days after the  Senior  Lender's  receipt of
written notice from a holder of Subordinated  Indebtedness of its intent to take
an  Enforcement  Action  specifying  what action such holders  intend to take in
respect thereto:

            (i) the acceleration of the Senior Indebtedness;

            (ii) the commencement of a Bankruptcy Proceeding with respect to any
      Loan Party or its assets; or

            (iii)  the date on which  all of the  Senior  Indebtedness  shall be
      indefeasibly paid in full in cash.

      (b)  Notwithstanding   anything  contained  herein  to  the  contrary,  if
following any  acceleration  of the maturity of the Senior  Indebtedness  by the
Senior  Lender such  acceleration  is  rescinded  (whether  or not any  existing
default  under the Senior Loan  Documents  has been cured or  waived),  then all
Enforcement  Actions taken by the holders of  Subordinated  Indebtedness  on the
basis of the  provisions  of Section  2.4(b)(i)  shall  likewise be  immediately
rescinded.

      2.5 Holders of  Subordinated  Indebtedness  to be  Subrogated to Rights of
Holders of Senior Indebtedness.  Subject to the prior payment in full in cash of
all Senior Indebtedness,  the holders of the Subordinated  Indebtedness shall be
subrogated  to the  rights of the  holders  of Senior  Indebtedness  to  receive
payments or distributions of assets of the Loan Parties applicable to the Senior
Indebtedness until the Subordinated  Indebtedness shall be paid in full, and for
purposes of such  subrogation,  no payment or distribution to the holders of the
Senior  Indebtedness  of  assets,  whether  in  cash,  property  or  securities,
distributable to the holders of Senior  Indebtedness under the provisions hereof
to which the holders of the Subordinated  Indebtedness  would be entitled except
for the provisions of this Section 2, and no payment  pursuant to the provisions
of this  Section 2 to the holders of Senior  Indebtedness  by the holders

                                      -7-

<PAGE>

of the  Subordinated  Indebtedness  shall,  as between the Loan  Parties,  their
creditors other than the holders of the Senior  Indebtedness  and the holders of
the Subordinated Indebtedness,  be deemed to be a payment by the any of the Loan
Parties to or on account of such Senior  Indebtedness,  it being understood that
the  provisions of this Section 2 are, and are intended,  solely for the purpose
of defining the relative rights of the holders of the Subordinated Indebtedness,
on the one hand, and the holders of Senior Indebtedness, on the other hand.

      2.6 Obligations of the Loan Parties  Unconditional.  Nothing  contained in
this  Section 2 or  elsewhere  in this  Agreement  or in the  Subordinated  Loan
Documents is intended to or shall impair,  as between the Loan Parties and their
creditors other than the holders of Senior Indebtedness,  the obligations of the
Loan  Parties  to  the  holders  of the  Subordinated  Indebtedness  to pay  the
Subordinated  Indebtedness  as and  when it  shall  become  due and  payable  in
accordance with its terms, or is intended to or shall affect the relative rights
of the  holders  of the  Subordinated  Indebtedness  and  creditors  of the Loan
Parties other than the holders of Senior Indebtedness, nor shall anything herein
or therein (except as otherwise  expressly  provided in this Agreement)  prevent
any holder of Subordinated  Indebtedness from exercising all remedies  otherwise
permitted  by  applicable  law upon the  happening  of a  Subordinated  Default,
subject to the  rights,  if any,  under this  Section 2 of the holders of Senior
Indebtedness in respect to assets,  whether in cash, property or securities,  of
the Loan Parties  received upon the exercise of any such remedy.  The failure of
any of  the  Loan  Parties  to  make  payment  on  account  of the  Subordinated
Indebtedness by reason of any provision of this Section 2 shall not be construed
as preventing the occurrence or continuance of a Subordinated  Default under the
Subordinated Note Documents.

      3. No Liens; Subordination.  Notwithstanding any provision to the contrary
contained  in the  Subordinated  Loan  Documents  or  elsewhere,  the holders of
Subordinated  Indebtedness agree that, so long as any of the Senior Indebtedness
shall be outstanding,  the holders of Subordinated  Indebtedness  shall not take
any action to create or perfect any Lien on any of the Loan  Parties'  assets or
property  to secure any of the  Subordinated  Indebtedness  or any  judgment  in
respect thereto,  or permit any such Lien to be outstanding or in effect. In the
event that any such Lien shall at any time be in  effect,  then  notwithstanding
the date, manner or order of grant, attachment or perfection of the Liens in any
collateral  granted to or for the benefit of the holders of Senior  Indebtedness
or granted to or for the  benefit of the holders of  Subordinated  Indebtedness,
and  notwithstanding  any provision of the Uniform Commercial Code, or any other
applicable law or decisions, the holders of the Senior Indebtedness shall have a
first and prior Lien and security interest in all such collateral,  and any Lien
in such  collateral  held by or for the benefit of the  holders of  Subordinated
Indebtedness  shall be junior and  subordinate  to all Liens in such  collateral
held by or for the benefit of the holders of Senior Indebtedness.

      4. Authorization to Take Action to Effect Subordination.  The Subordinated
Lender  by its  acceptance  of the  Subordinated  Indebtedness  (i)  irrevocably
authorizes and empowers (but without  imposing any obligation on) each holder of
any Senior Indebtedness at the time outstanding, and the representatives of such
holder of Senior Indebtedness, in any Bankruptcy Proceeding involving any of the
Loan  Parties  to  demand,  sue  for,  collect,  receive  and  receipt  for such
Subordinated  Lender's  ratable share of payments or distributions in respect of
the Subordinated  Indebtedness which are required to be paid or delivered to the
holders of Senior Indebtedness as provided in Section 2.2, and to file and prove
all claims therefor and take all

                                      -8-

<PAGE>

such  other  action  (including  the  right to vote such  Subordinated  Lender's
ratable  share  of  the  Subordinated   Indebtedness),   in  the  name  of  such
Subordinated  Lender or otherwise,  as such holder of Senior Indebtedness or its
representatives may determine to be necessary or appropriate for the enforcement
of the provisions of Section 2.2; and (ii) agrees to execute and deliver to each
holder of  Senior  Indebtedness,  and such  holder's  representatives,  all such
further instruments confirming the authorization  hereinabove set forth, and all
such  powers  of  attorney,  proofs  of  claim,  assignments  of claim and other
instruments,  and to take all such other  action,  as may be  requested  by such
holder of Senior  Indebtedness  or its  representatives  in order to enable such
holder to enforce  all claims upon or in respect of such  Subordinated  Lender's
ratable  share of  payments  or  distributions  in respect  of the  Subordinated
Indebtedness.  Each Subordinated  Lender by its acceptance thereof  acknowledges
and  agrees  that  each  holder  of  Senior  Indebtedness  (whether  the  Senior
Indebtedness  held by such  holder  is now or  hereafter  incurred)  shall  have
acquired or will acquire such Senior Indebtedness in reliance upon the covenants
and provisions contained in this Agreement.

      5. Non-Interference by Holders of Subordinated Indebtedness.

      (a) The holders of Subordinated  Indebtedness shall not, in their capacity
as  holders  of   Subordinated   Indebtedness,   institute   any   judicial   or
administrative  proceeding  against  any of the Loan  Parties or the  holders of
Senior Indebtedness, or their representative or representatives,  which directly
or  indirectly  would  interfere  with or delay the  exercise  by the holders of
Senior Indebtedness, or their representative or representatives, of their rights
and remedies in respect of the collateral  securing the Senior  Indebtedness  or
any part thereof,  or their rights and remedies  under the Senior Loan Documents
or this  Agreement.  Without  limiting the generality of the  foregoing,  in the
event of Bankruptcy Proceeding,  the holders of Subordinated  Indebtedness shall
not object to or oppose any  efforts by the holders of Senior  Indebtedness,  or
their  representative  or  representatives,  to obtain relief from the automatic
stay under Section 362 of the Bankruptcy Code or to seek to cause the bankruptcy
estate of any of the Loan  Parties to abandon  the  collateral  (or any  portion
thereof)  that is subject  to the  Senior  Loan  Documents  and/or the  security
interests created thereby.

      (b)  No   holder   of   Subordinated   Indebtedness,   nor  any  agent  or
representative  thereof,  shall at any time take any  action  in any  Bankruptcy
Proceeding  or  in  any  other  judicial,  administrative,   arbitral  or  other
proceeding to object to or challenge the legality, validity or enforceability of
any of the Senior Loan Documents or any term or provision thereof,  or to object
to or challenge the validity,  priority or perfection of any of the Liens in the
collateral securing the Senior Indebtedness.

      6.  Consent by the Holders of  Subordinated  Indebtedness.  Each holder of
Subordinated  Indebtedness  hereby  consents  and agrees that any lawful  action
taken  by or  on  behalf  of  the  holders  of  Senior  Indebtedness,  or  their
representative  or  representatives,  in the  exercise  of their  rights  and/or
remedies under the Senior Loan Documents  (including,  without  limitation,  any
foreclosure  or  acquisition  of title to the  collateral  securing  the  Senior
Indebtedness  or any part thereof by deed in lieu of  foreclosure  or otherwise)
are  hereby  deemed  to be  consented  to and  approved  by the each  holder  of
Subordinated Indebtedness in all respects.

                                      -9-

<PAGE>

      7. No  Fiduciary  Duty.  The  holders  of Senior  Indebtedness,  and their
representative or representatives, shall have no fiduciary duty to any holder of
Subordinated  Indebtedness  arising  out of the  exercise  of the rights  and/or
remedies  of the  holders of Senior  Indebtedness,  or their  representative  or
representatives,  under the Senior Loan Documents, or from the existence of this
Agreement.

      8.  Reinstatement.  To the  extent  any  payment  of  Senior  Indebtedness
(whether by or on behalf of any of the Loan Parties,  as proceeds of security or
enforcement of any right of setoff or otherwise) is declared to be fraudulent or
preferential,  set  aside,  rescinded  or  required  to be  paid  to a  trustee,
receiver,  debtor in possession  or other  similar  party under any  bankruptcy,
insolvency,  receivership  or similar  law,  then to the extent such  payment is
recovered by, or paid over to, such trustee,  receiver,  debtor in possession or
other similar party, the Senior Indebtedness or part thereof originally intended
to be satisfied  shall be deemed to be  reinstated  and  outstanding  as if such
payment had not  occurred.  All Senior  Indebtedness  shall be and remain Senior
Indebtedness for all purposes of this Agreement, whether or not subordinated, in
any bankruptcy, insolvency, receivership or similar proceeding.

      9. No Waiver of Subordination Provisions.

      (a)  No  right  of  the   holders  of  Senior   Indebtedness   to  enforce
subordination  as herein  provided shall at any time in any way be prejudiced or
impaired by any act or failure to act on the part of any of the Loan  Parties or
by any act or failure to act on the part of any such  holder or  holders,  or by
any  noncompliance  by any of the Loan  Parties with the terms,  provisions  and
conditions of the Senior Loan  Documents  regardless  of any  knowledge  thereof
which  the  holders  of  Senior  Indebtedness,  or any of  them,  may have or be
otherwise charged with.

      (b) Without in any way limiting the generality of the foregoing paragraph,
the holders of Senior  Indebtedness,  or any of them,  may, at any time and from
time  to  time,  without  the  consent  of or  notice  to  the  holders  of  the
Subordinated Indebtedness, without incurring any liabilities to any such holders
and without impairing or releasing the subordination and other benefits provided
in this Agreement or the  obligations  hereunder of the holders of  Subordinated
Indebtedness  to the  holders  of  Senior  Indebtedness,  even if any  right  of
reimbursement  or  subrogation  or other  right or remedy  of any  holder of the
Subordinated Indebtedness is affected,  impaired or extinguished thereby, do any
one or more of the following:

            (i) change the manner, place or terms of payment or change or extend
      the time of payment of, or renew, exchange,  amend, increase or alter, the
      terms of any Senior  Indebtedness,  any  security  therefor  or  guarantee
      thereof or any liability of any of the Loan Parties to such holder, or any
      liability  incurred directly or indirectly in respect thereof  (including,
      without limitation,  any extension or increase in the amount of any Senior
      Indebtedness,  without any restriction as to the amount, tenor or terms of
      any such  extension or increase),  or otherwise  amend,  renew,  exchange,
      extend,  modify,  increase or supplement in any manner Senior Indebtedness
      or any instrument  evidencing or  guaranteeing or securing the same or any
      agreement under which Senior Indebtedness is outstanding;

                                      -10-

<PAGE>

            (ii)  settle or  compromise  any  Senior  Indebtedness  or any other
      liability  of any of the  Loan  Parties  to such  holder  or any  security
      therefor  or any  liability  incurred  directly or  indirectly  in respect
      thereof and apply any sums by whomsoever paid and however  realized to any
      liability  (including,  without  limitation,  Senior  Indebtedness) in any
      manner or order; and

            (iii) fail to take or to record or otherwise perfect, for any reason
      or for no reason,  any Lien  securing  Senior  Indebtedness  by whomsoever
      granted,  exercise  or delay in or refrain  from  exercising  any right or
      remedy  against  any of  the  Loan  Parties  or any  other  Person  or any
      security, elect any remedy and otherwise deal freely with any security and
      with any of the Loan  Parties or any  liability  of any Loan Party to such
      holder  or any  liability  incurred  directly  or  indirectly  in  respect
      thereof.

      (c) All rights and interests under this Agreement of the holders of Senior
Indebtedness,  and all agreements and obligations of the holders of Subordinated
Indebtedness  and the Loan  Parties  hereunder,  shall  remain in full force and
effect  irrespective of (i) any lack of validity or enforceability of the Senior
Loan  Documents,  or of  any  provision  of  any  thereof,  or  (ii)  any  other
circumstance  that  might  otherwise  constitute  a defense  available  to, or a
discharge of, any of the Loan Parties in respect of the Senior Indebtedness.

      10. Representations and Warranties.

      10.1 Representations and Warranties of the Subordinated  Lenders.  Each of
the  Subordinated  Lenders  hereby  represents and warrants to the Senior Lender
that as of the date  hereof:  (a) such  Subordinated  Lender is a  [corporation,
partnership or limited  liability  company] duly organized and validly  existing
under the laws of the  jurisdiction  set forth  opposite  its name on Schedule A
hereto; (b) such Subordinated  Lender has the power and authority to enter into,
execute,  deliver and perform its obligations under this Agreement, all of which
have been duly  authorized  by all necessary  action;  (c) the execution of this
Agreement  by such  Subordinated  Lender will not  violate or conflict  with the
charter,  bylaws or other organizational  documents of such Subordinated Lender,
any material  agreement  binding upon such  Subordinated  Lender or any federal,
state or local statute,  law,  rule,  regulation or  administrative  or judicial
judgment, order or decree applicable to it or require any consent or approval of
any Governmental Authority or other Person which has not been obtained; (d) this
Agreement  is the  legal,  valid and  binding  obligation  of such  Subordinated
Lender,  enforceable  against such  Subordinated  Lender in accordance  with its
terms,  except as such  enforceability may be limited by applicable  bankruptcy,
insolvency, reorganization, moratorium or similar laws affecting the enforcement
of  creditors'  rights  generally  and by  principles  of  equity;  and (e) such
Subordinated  Lender owns Subordinated  Indebtedness in the principal amount set
forth  opposite  its name on  Schedule A hereto  and has not sold,  transferred,
pledged,  hypothecated,  granted a security interest in, or otherwise encumbered
or disposed of any of such Subordinated  Indebtedness or any interest therein or
right pertaining thereto.

      10.2  Representations  and  Warranties  of the Senior  Lender.  The Senior
Lender hereby represents and warrants to the Subordinated  Lender that as of the
date hereof:  (a) the Senior Lender is a corporation  duly organized and validly
existing under the laws of the State of Maryland;  (b) the Senior Lender has the
power and authority to enter into, execute,  deliver and

                                      -11-

<PAGE>

perform  its  obligations  under  this  Agreement,  all of which  have been duly
authorized  by all  necessary  corporate  action;  (c)  the  execution  of  this
Agreement by the Senior Lender will not violate or conflict with the Articles of
Incorporation or by-laws of the Senior Lender,  any material  agreement  binding
upon the  Senior  Lender or any  federal,  state or local  statute,  law,  rule,
regulation or administrative or judicial judgment, order or decree applicable to
it or require any consent or approval  of any  Governmental  Authority  or other
Person which has not been obtained;  and (d) this Agreement is the legal,  valid
and binding  obligation  of the Senior  Lender,  enforceable  against the Senior
Lender  in  accordance  with its  terms,  except as such  enforceability  may be
limited by  applicable  bankruptcy,  insolvency,  reorganization,  moratorium or
similar laws  affecting the  enforcement of creditors'  rights  generally and by
principles of equity.

      11.  Legend.  The Loan  Parties  and each  holder  of any note  evidencing
Subordinated  Indebtedness now or hereafter  outstanding  covenant to cause such
note to have  affixed  upon it at all times a  conspicuous  legend  which  reads
substantially as follows:

            "THIS  INSTRUMENT  IS  SUBJECT  TO  THE  SUBORDINATION
            AGREEMENT   DATED   AS  OF  MAY  [  ],   2006,   AMONG
            TECHNOLOGY   INVESTMENT   CAPITAL  CORP.,   THE  MAKER
            HEREOF,  CERTAIN  SUBSIDIARY  GUARANTORS  OF THE MAKER
            HEREOF,  KLINGER  INVESTMENTS  LLC., PEQUOT HEALTHCARE
            FUND,  L.P.,  PEQUOT  HEALTHCARE  OFFSHORE FUND, INC.,
            PREMIUM   SERIES  PCC   LIMITED  -  CELL  32,   PEQUOT
            DIVERSIFIED   MASTER  FUND,  LTD.,  PEQUOT  HEALTHCARE
            INSTITUTIONAL   FUND,   L.P.,   NORTH   SOUND   LEGACY
            INSTITUTIONAL   FUND  LLC,   AND  NORTH  SOUND  LEGACY
            INTERNATIONAL   LTD.,   WHICH,   AMONG  OTHER  THINGS,
            CONTAINS  PROVISIONS  SUBORDINATING THE OBLIGATIONS OF
            THE MAKER OF THIS  INSTRUMENT  TO THE PAYEE  HEREOF TO
            SUCH MAKER'S  OBLIGATIONS TO THE HOLDERS OF THE SENIOR
            INDEBTEDNESS   (AS   DEFINED  IN  SAID   SUBORDINATION
            AGREEMENT),  TO WHICH  PROVISIONS  EACH HOLDER OF THIS
            INSTRUMENT, BY ACCEPTANCE HEREOF, AGREES."

      12.  Amendments  to  Subordinated  Loan  Documents.  No  provision  of the
Subordinated  Loan  Documents  shall,  without the prior written  consent of the
holders of a majority in principal amount of the Senior Indebtedness at the time
outstanding, be amended, supplemented,  modified or waived if the effect of such
amendment,  supplement,  modification  or waiver  would be to (a)  increase  the
amount of, or advance to an earlier date the scheduled maturity date or due date
of, any required  payment or  prepayment  of the  principal of the  Subordinated
Indebtedness,  (b) increase the rate or amount of interest, or the amount of any
prepayment charges,  fees, expenses or other amounts payable with respect to the
Subordinated  Indebtedness,  or advance to an earlier date the scheduled payment
date or due date of any of such amounts,  (c) amend,  modify or  supplement  any
existing  covenant,   restriction,   agreement,   default,   event  of  default,
representation, warranty, condition or requirement contained in the Subordinated
Loan Documents, or the definition of any term used in any of such provisions, in
a

                                      -12-

<PAGE>

manner that makes such provision  more  restrictive or burdensome in any respect
with respect to the Loan  Parties  than such  provision as in effect on the date
hereof  or (d) add  any  new or  additional  covenant,  restriction,  agreement,
default, event of default,  representation,  warranty, condition, restriction or
requirement not contained in the Subordinated Loan Documents as in effect on the
date hereof that would impose any  additional  restriction  or burden on the the
Loan Parties not imposed by the Subordinated  Loan Documents as in effect on the
date hereof,  or (e) otherwise  impair or adversely affect in any way the rights
of the holders of Senior  Indebtedness under this Agreement or any of the Senior
Loan Documents.

      13.  Notices.  All  notices  hereunder  shall be in  writing  and shall be
conclusively  deemed to have been received and shall be effective (a) on the day
on which delivered if delivered personally or transmitted by telecopier, (b) one
Business  Day  after  the date on which the same is  delivered  to a  nationally
recognized  overnight  courier  service,  or (c) three Business Days after being
sent by registered or certified  United States mail,  return receipt  requested,
and shall be addressed:

            (i) If to any of the Loan Parties,  to it at the  following  address
      (or, in the case of a telecopy, to the following telecopy number):

                  TRUEYOU.COM INC.
                  501 Merritt 7, 5th Floor
                  Norwalk, Connecticut 06851
                  Attention:  Wade Haddad
                  Telecopy No.: 203-295-2102

            (ii) If to a  Subordinated  Lender,  to it at the following  address
      (or, in the case of a telecopy, to the telecopy number) set forth for such
      Subordinated Lender in Schedule A hereto;

            (iii) If to the Senior Lender,  to it at the following  address (or,
      in the case of a telecopy, to the following telecopy number):

                  Technology Investment Capital Corp.
                  8 Sound Shore Drive, Suite 255
                  Greenwich, CT  06830
                  Attention:  Saul B. Rosenthal
                  Telecopy No.: (203) 983-5290

                  with a copy to:

                  Nixon Peabody LLP
                  437 Madison Avenue
                  New York, NY  10022
                  Attention: Philip A. Haber, Esq.
                  Telecopy No.: (866) 855-0026

                                      -13-

<PAGE>

or at such other address and/or  telecopy number and/or to the attention of such
other Person as any of such  Persons  shall have advised the others by notice in
the manner herein specified.

      14. Successors;  Continuing  Effect;  Etc. This Agreement is being entered
into for the benefit of, and shall be binding  upon,  the Senior  Lender and the
Subordinated  Lenders and their  respective  successors and assigns,  including,
without   limitation,   all  subsequent  holders  of  Senior   Indebtedness  and
Subordinated  Indebtedness  whether now outstanding or hereafter incurred.  This
Agreement shall be binding upon the Loan Parties and their respective successors
and  assigns.  This  Agreement  shall be a  continuing  agreement  and  shall be
irrevocable  and remain in full force and effect as long as there is both Senior
Indebtedness and Subordinated Indebtedness outstanding, but shall terminate upon
the indefeasible payment in full in cash of all outstanding Senior Indebtedness.

      15. Specific  Performance.  The holders of Senior  Indebtedness are hereby
authorized to demand specific performance of this Agreement,  whether or not any
of the Loan  Parties  or any  holder of  Subordinated  Indebtedness  shall  have
complied with any of the  provisions  hereof  applicable to it, at any time when
the Loan Parties or such holder of Subordinated  Indebtedness  shall have failed
to comply with any of the provisions of this Agreement applicable to it. Each of
the Loan Parties and each holder of Subordinated Indebtedness irrevocably waives
any defense based on the adequacy of a remedy at law, which might be asserted as
a bar to such remedy of specific performance.

      16. No Disposition of Subordinated Indebtedness. No holder of Subordinated
Indebtedness shall sell, assign, pledge, encumber or otherwise dispose of any of
the Subordinated  Indebtedness unless the purchaser,  pledgee, assignee or other
transferee  thereof shall first deliver to the holders of Senior  Indebtedness a
written  agreement,  satisfactory in form and substance to the holders of Senior
Indebtedness,  to be bound by all of the provisions of this Agreement in respect
of such  Subordinated  Indebtedness in the same manner and to the same extent as
the seller, assignor, pledgor or transferor of such Subordinated Indebtedness.

      17.  Amendments  and Waivers.  This Agreement may be amended only with the
written consent of the Loan Parties,  the holders of Senior Indebtedness and the
holders of Subordinated Indebtedness. No term or provision of this Agreement may
be waived  except  pursuant  to a writing  signed by the party  entitled  to the
benefit thereof.

      18. Conflicting Provisions.  In the event of any conflict or inconsistency
between  the  provisions  of this  Agreement,  on the one hand,  and any term or
provision of the Senior Loan Documents or the  Subordinated  Loan Documents,  on
the other hand, the provisions of this Agreement shall govern and prevail.

      19.  Counterparts.   This  Agreement  may  be  executed  in  two  or  more
counterparts,  each of which shall be deemed an original  but all of which shall
together  constitute  one and  the  same  instrument.  Delivery  of an  executed
counterpart  of a  signature  page  of  this  Agreement  by  telecopy  or  other
electronic  means  shall  be  effective  as  delivery  of  a  manually  executed
counterpart of this  Agreement.  Delivery of manually  executed  counterparts of
this Agreement shall immediately follow delivery by telecopy or other electronic
means, but the failure to so

                                      -14-

<PAGE>

deliver  a  manually  executed   counterpart  shall  not  affect  the  validity,
enforceability, or binding effect hereof.

      20.  Headings.  The  headings in this  Agreement  are for  convenience  of
reference only and shall not alter or otherwise affect the meaning hereof.

      21.  Integration  and  Severability.  This  Agreement  embodies the entire
agreement and  understanding  among the Loan Parties,  the Senior Lender and the
Subordinated  Lenders relating to the subject matter hereof,  and supersedes all
prior agreements and  understandings  relating to the subject matter hereof.  In
case any one or more of the  obligations of any party under this Agreement shall
be invalid, illegal or unenforceable in any jurisdiction, the validity, legality
and  enforceability of the remaining  obligations of such party shall not in any
way be  affected  or  impaired  thereby,  and  such  invalidity,  illegality  or
unenforceability in one jurisdiction shall not affect the validity,  legality or
enforceability  of the  obligations  of such party under this  Agreement  in any
other jurisdiction.

      22.  Governing Law. THIS AGREEMENT  SHALL BE CONSTRUED IN ACCORDANCE  WITH
AND SHALL BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.

      23. Submission to Jurisdiction; Waiver of Venue.

      (a) EACH OF THE LOAN  PARTIES,  THE  SENIOR  LENDER  AND THE  SUBORDINATED
LENDERS  CONSENTS AND AGREES TO THE  NON-EXCLUSIVE  JURISDICTION OF ANY STATE OR
FEDERAL COURT SITTING IN THE COUNTY OF NEW YORK,  STATE OF NEW YORK,  AND WAIVES
ANY OBJECTION  BASED ON VENUE OR FORUM NON CONVENIENS WITH RESPECT TO ANY ACTION
INSTITUTED THEREIN.

      (b) EACH OF THE LOAN PARTIES AND THE  SUBORDINATED  LENDERS  HEREBY WAIVES
PERSONAL  SERVICE  OF ANY AND ALL  PROCESS  UPON IT AND  CONSENTS  THAT ALL SUCH
SERVICE OF PROCESS MAY BE MADE BY HAND  DELIVERY OR BY  REGISTERED  OR CERTIFIED
UNITED STATES MAIL TO SUCH RESPECTIVE  PARTY AT ITS ADDRESS SET FORTH IN SECTION
13. EACH OF SUCH PERSONS HEREBY CONSENTS TO SERVICE OF PROCESS AS AFORESAID.

      (c) NOTHING IN THIS SECTION 23 SHALL AFFECT THE RIGHT OF THE SENIOR LENDER
TO SERVE LEGAL PROCESS IN ANY OTHER MANNER  PERMITTED BY LAW OR AFFECT THE RIGHT
OF THE SENIOR LENDER TO BRING ANY ACTION OR  PROCEEDING  AGAINST ANY OF THE LOAN
PARTIES OR THE SUBORDINATED LENDERS IN THE COURTS OF ANY OTHER JURISDICTION.

      24. Waiver of Right to Trial by Jury. EACH OF THE LOAN PARTIES, THE SENIOR
LENDER AND THE SUBORDINATED  LENDERS HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY OF
ANY CLAIM, DEMAND, ACTION OR CAUSE OF

                                      -15-

<PAGE>

ACTION (i) ARISING  UNDER THIS  AGREEMENT OR ANY OTHER  INSTRUMENT,  DOCUMENT OR
AGREEMENT  EXECUTED  OR  DELIVERED  IN  CONNECTION  HEREWITH  OR (ii) IN ANY WAY
CONNECTED WITH OR RELATED OR INCIDENTAL TO THE DEALINGS OF THE PARTIES HERETO OR
ANY OF THEM IN RESPECT TO THIS  AGREEMENT OR ANY OTHER  INSTRUMENT,  DOCUMENT OR
AGREEMENT  EXECUTED OR  DELIVERED  IN  CONNECTION  HEREWITH OR THE  TRANSACTIONS
RELATED  HERETO,  IN EACH CASE WHETHER NOW EXISTING OR  HEREAFTER  ARISING,  AND
WHETHER SOUNDING IN CONTRACT OR TORT OR OTHERWISE. EACH OF THE LOAN PARTIES, THE
SENIOR LENDER AND THE  SUBORDINATED  LENDERS HEREBY AGREES AND CONSENTS THAT ANY
SUCH CLAIM,  DEMAND,  ACTION OR CAUSE OF ACTION  SHALL BE DECIDED BY COURT TRIAL
WITHOUT A JURY AND THAT ANY PARTY MAY FILE AN ORIGINAL  COUNTERPART OR A COPY OF
THIS AGREEMENT WITH ANY COURT AS WRITTEN  EVIDENCE OF THE CONSENT OF THE PARTIES
HERETO TO THE WAIVER OF THEIR RIGHT TO TRIAL BY JURY.

                                      -16-
<PAGE>

      IN WITNESS WHEREOF,  the parties hereto have executed this Agreement as of
the date first written above.

                                    BORROWER:
                                    ---------

                                    TRUEYOU.COM, INC.

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                    GUARANTORS
                                    ----------

                                    KLINGER ADVANCED AESTHETICS, INC.

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                    ADVANCED AESTHETICS SUB, INC.

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                    ADVANCED AESTHETICS, LLC

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                    KLINGER ADVANCED AESTHETICS, LLC

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                      -17-

<PAGE>

                                    ANUSHKA PBG, LLC

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                    ANUSHKA BOCA, LLC

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                    WILD HARE, LLC

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                    DISCHINO CORPORATION

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                    ANUSHKA PBG ACQUISITION SUB, LLC

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                    ANUSHKA BOCA ACQUISITION SUB, LLC

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                      -18-

<PAGE>

                                    WILD HARE ACQUISITION SUB, LLC

                                    By: /s/ Richard Rakowski
                                        -------------------------------------
                                        Name:  Richard Rakowski
                                        Title: Chief Executive Officer/Chairman

                                    SENIOR LENDER:
                                    --------------

                                    TECHNOLOGY INVESTMENT CAPITAL
                                    CORP.

                                    By: /s/ Saul B. Rosenthal
                                       ---------------------------------------
                                       Name:   Saul B. Rosenthal
                                       Title:  President

                                    SUBORDINATED LENDERS:
                                    ---------------------

                                    PEQUOT HEALTHCARE FUND, L.P.

                                    By:   Pequot Capital Management, Inc.,
                                          Investment Advisor

                                    By: /s/ Daniel Fishbane
                                        -------------------------------------
                                        Name:  Daniel Fishbane
                                        Title: Chief Financial Officer

                                    PEQUOT HEALTHCARE OFFSHORE FUND,
                                    INC.

                                    By:   Pequot Capital Management, Inc.,
                                          Investment Advisor

                                    By: /s/ Daniel Fishbane
                                        -------------------------------------
                                        Name:  Daniel Fishbane
                                        Title: Chief Financial Officer

                                    PEQUOT DIVERSIFIED MASTER FUND, L.P.

                                    By:   Pequot Capital Management, Inc.,
                                          Investment Advisor

                                    By: /s/ Daniel Fishbane
                                        -------------------------------------
                                        Name:  Daniel Fishbane
                                        Title: Chief Financial Officer

                                      -19-

<PAGE>

                                    PEQUOT HEALTHCARE INSTITUTIONAL
                                    FUND, L.P.

                                    By:   Pequot Capital Management, Inc.,
                                          Investment Advisor

                                    By: /s/ Daniel Fishbane
                                        -------------------------------------
                                        Name:  Daniel Fishbane
                                        Title: Chief Financial Officer

                                    PREMIUM SERIES PCC LIMITED - CELL 33

                                    By: /s/ Chris T. Mueller
                                        -------------------------------------
                                        Name:  Chris t. Mueller
                                        Title: Attorney in Fact

                                    NORTH SOUND LEGACY
                                    INSTITUTIONAL FUND LLC

                                    By: /s/ Thomas E. Mlauley
                                        -------------------------------------
                                        Name:  Thomas E. Mlauley
                                        Title: Chief Investment Officer

                                    NORTH SOUND LEGACY
                                    INTERNATIONAL LTD.

                                    By: /s/ Thomas E. Mlauley
                                        -------------------------------------
                                        Name:  Thomas E. Mlauley
                                        Title: Chief Investment Officer

                                    KLINGER INVESTMENTS LLC

                                    By: /s/ Thomas E. Mlauley
                                        -------------------------------------
                                        Name:  Thomas E. Mlauley
                                        Title: Chief Investment Officer

                                      -20-

<PAGE>

                                   SCHEDULE A

                              SUBORDINATED LENDERS

                              Jurisdiction of
                              Incorporation or       Principal Amount of
Name and Address              Organization           Subordinated Indebtedness
--------------------------------------------------------------------------------
Pequot Healthcare Fund, L.P.                           $675,077
c/o Pequot Capital
Management
Attn: Amber Tencic
500 Nyala Capital Farm Road
Westport, CT  06880
--------------------------------------------------------------------------------
Pequot Healthcare Offshore                             $628,087
Fund, Inc.
c/o Pequot Capital
Management
Attn: Amber Tencic
500 Nyala Capital Farm Road
Westport, CT  06880
--------------------------------------------------------------------------------
Premium Series PCC Limited                             $116,578
- Cell 32
c/o Pequot Capital
Management
Attn: Amber Tencic
500 Nyala Capital Farm Road
Westport, CT  06880
--------------------------------------------------------------------------------
Pequot Diversified Master                              $70,664
Fund, Ltd.
c/o Pequot Capital
Management
Attn: Amber Tencic
500 Nyala Capital Farm Road
Westport, CT  06880
--------------------------------------------------------------------------------
Pequot Healthcare                                      $122,497
Institutional Fund, L.P.
c/o Pequot Capital
Management
Attn: Amber Tencic
500 Nyala Capital Farm Road
Westport, CT  06880
--------------------------------------------------------------------------------
North Sound Legacy                                     $602,151
Institutional Fund LLC
c/o North Sound Capital LLC
20 Horseneck Lane
Greenwich, Connecticut
06830
--------------------------------------------------------------------------------

<PAGE>

--------------------------------------------------------------------------------
North Sound Legacy                                     $1,548,387
International Ltd.
c/o North Sound Capital LLC
20 Horseneck Lane
Greenwich, Connecticut
06830
--------------------------------------------------------------------------------
Klinger Investments LLC                                $1,075,269
10 Glenville Street
Greenwich, Connecticut
06831
--------------------------------------------------------------------------------

                                      -2-

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