Document:

<PAGE>
                                                                   Exhibit 10.55

             SUPPLEMENT TO GUARANTY AND GUARANTOR SECURITY AGREEMENT

         This SUPPLEMENT TO GUARANTY AND GUARANTOR SECURITY AGREEMENT (this
"SUPPLEMENT"), dated as of October 16, 2003, between JBI HOLDINGS LIMITED, an
English corporation ("JBI HOLDINGS"), and FLEET CAPITAL CORPORATION, a Rhode
Island corporation, in its capacity as the Administrative Agent (in such
capacity, (the "ADMINISTRATIVE AGENT") for the Revolving Credit Lenders and the
Term Loan B Lenders (collectively, the "LENDERS") party to the Loan Agreement
referred to below.

                                    RECITALS

         WHEREAS, pursuant to that certain Loan and Security Agreement dated as
of July 15, 2003 (as amended by the First Amendment thereto, and as it may
hereafter be further amended, restated, supplemented or otherwise modified, the
"LOAN AGREEMENT"), by and among Jacuzzi Brands, Inc., a Delaware corporation
("JACUZZI"), certain Subsidiaries of Jacuzzi (collectively, with Jacuzzi, the
"BORROWERS"), the Administrative Agent, Silver Point Finance, LLC, as agent for
the Term Loan B Lenders, and the Lenders from time to time party thereto, the
Lenders have made and continue to make loans available to the Borrowers;

         WHEREAS, certain Subsidiaries of Jacuzzi other than the Borrowers have
(a) guaranteed all of the Obligations of the Borrowers under the Loan Agreement
pursuant to the terms of that certain Guaranty Agreement, dated as of July 15,
2003 (as supplemented hereby and as it may hereafter be further amended,
restated, supplemented or otherwise modified, the "GUARANTY") and (b) secured
their obligations under the Guaranty by granting a security interest in certain
Collateral to the Administrative Agent pursuant to that certain Guarantor
Security Agreement dated as of July 15, 2003 (as supplemented hereby and as it
may hereafter be further amended, restated, supplemented or otherwise modified,
the "GUARANTOR SECURITY AGREEMENT");

         WHEREAS, the Lenders, by the terms of the First Amendment to the Loan
Agreement, have consented to the formation of JBI Holdings and to certain
corporate restructuring transactions involving Jacuzzi, certain of its existing
Subsidiaries and JBI Holdings, subject to the conditions, among others, that JBI
Holdings guarantee all of the Obligations of the Borrowers under the Loan
Agreement and agree to become a party to the Guaranty and that JBI Holdings
secure such guaranty by granting a security interest in all of its Collateral
and agree to become a party to the Guarantor Security Agreement;

         WHEREAS, following the corporate restructuring transactions referred to
above, (a) JBI Holdings shall be a direct wholly-owned Subsidiary of Jacuzzi and
(b) certain of the Borrowers shall be direct or indirect Subsidiaries of JBI
Holdings;

         WHEREAS, JBI Holdings shall derive substantial benefits from the
financial accommodations to be provided under the Loan Agreement;

         NOW, THEREFORE, in consideration of the premises and the mutual
covenants hereinafter contained and the Revolving Credit Lenders and Term Loan B
Lenders continuing to make Loans available under the terms of the Loan Agreement
and other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the parties hereto agree as follows:

<PAGE>

         1. DEFINED TERMS. Except as otherwise defined herein, all defined terms
herein shall have the respective meanings ascribed thereto in the Loan Agreement
and Appendix A thereto.

         2. GUARANTY. JBI Holdings hereby unconditionally and irrevocably,
jointly and severally with all other Guarantors, guarantees the prompt and
complete payment and performance of all present and future Obligations as and to
the extent set forth in the Guaranty and to the same extent as if JBI Holdings
had been a party to the Guaranty on the Closing Date. The terms of the Guaranty
are incorporated herein by reference in their entirety as though fully set forth
herein. Each reference to "Guarantor" or "Guarantors" contained in the Guaranty
or in any other Loan Document shall, and shall be deemed to, include a reference
to JBI Holdings. Each reference in the Guaranty to "this Guaranty", "herein",
hereof" and words of like import and each reference in the other Loan Documents
and the Intercreditor Agreement to the Guaranty shall mean the Guaranty as
supplemented hereby. The Guaranty shall continue in full force and effect as
supplemented hereby.

         3. GRANT OF SECURITY INTEREST. To secure the prompt payment and
performance of its obligations under the Guaranty, JBI Holdings hereby grants to
the Administrative Agent a Lien upon all of its Collateral of the types
described in Section 2.1 of the Guarantor Security Agreement, whether now owned
or existing or hereafter created, acquired or arising and wheresoever located,
along with all Proceeds of any such Collateral as and to the extent set forth in
the Guarantor Security Agreement and to the same extent as if JBI Holdings had
been a party to the Guarantor Security Agreement on the Closing Date. The terms
of the Guarantor Security Agreement are incorporated herein by reference in
their entirety as though fully set forth herein. Each reference to "Grantor" or
"Grantors" contained in the Guarantor Security Agreement and each reference to
"Loan Party" or "Loan Parties" in any Loan Document shall, and shall be deemed
to, include a reference to JBI Holdings. Each reference in the Guarantor
Security Agreement to "this Security Agreement", "herein", hereof" and words of
like import and each reference in the other Loan Documents and the Intercreditor
Agreement to the Guarantor Security Agreement shall mean the Guarantor Security
Agreement as supplemented hereby. The Guarantor Security Agreement shall
continue in full force and effect as supplemented hereby.

         4. ACTIVITIES OF JBI HOLDINGS. JBI Holdings agrees that it shall not
own any assets other than the shares of USI American Holdings, Inc., shall not
incur any liabilities other than its guaranty of the Obligations and its
guaranty of the Indebtedness under the New Senior Secured Notes and shall not
engage in any trade or business.

         5. GOVERNING LAW. THIS SUPPLEMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

                            [SIGNATURE PAGE FOLLOWS]

                                       2
<PAGE>

         IN WITNESS WHEREOF, this Supplement to Guaranty and Guarantor Security
Agreement has been duly executed as of the date first written above.

                                       EXECUTED AS A DEED AND DELIVERED BY:

                                       JBI HOLDINGS LIMITED

                                       By: /s/ Jeffrey B. Park
                                           -------------------------------------

                                       Title: Director

                                       By: /s/ Steven C. Barre
                                           -------------------------------------

                                       Title: Director/Secretary

                                       FLEET CAPITAL CORPORATION,
                                       as Administrative Agent

                                       By: /s/ David Ritchay
                                           -------------------------------------

                                       Title: Senior Vice President
                                              ----------------------------------

                                       3
<PAGE>
         The undersigned parties to the Guaranty and Guarantor Security
Agreement hereby acknowledge the foregoing Supplement thereto and ratify and
confirm that each shall remain in full force and effect as supplemented hereby.

                                       Asteria Company
                                        (f/k/a Elite Bath Company)
                                       Baylis Brothers Inc.
                                       Bruckner Manufacturing Corp.
                                        (f/k/a Farberware Inc.)
                                       Carlsbad Corp.
                                        (f/k/a Odyssey Sports, Inc.)
                                       Compax Corp.
                                       Eljer Industries, Inc.
                                       Environmental Energy Company
                                       Gary Concrete Products, Inc.
                                       HL Capital Corp.
                                       Jacuzzi Whirlpool Bath, Inc.
                                       KLI, Inc. (f/k/a Keller Ladders, Inc.)
                                       Krikles Canada U.S.A., Inc.
                                        (f/k/a Selkirk Canada U.S.A., Inc.)
                                       Krikles Europe U.S.A., Inc.
                                        (f/k/a Selkirk Europe U.S.A., Inc.)
                                       Krikles, Inc.  (f/k/a Selkirk, Inc.)
                                       Lokelani Development Corporation
                                       Luxor Industries Inc.
                                       Maili Kai Land Development Corporation
                                       Mobilite, Inc.
                                       Nissen Universal Holdings Inc.
                                       Outdoor Products LLC
                                       PH Property Development Company
                                       PLC Realty Inc.
                                        (f/k/a Prescolite Lite Controls, Inc.)
                                       Rexair Holdings, Inc.
                                       Sanitary - Dash Manufacturing Co., Inc.
                                       SH 1 Inc.
                                       Strategic Capital Management, Inc.
                                       Strategic Membership Company
                                       Streamwood Corporation
                                         (f/k/a Quantum Performance Films, Inc.)
                                       TA Liquidation Corp.
                                        (f/k/a Tommy Armour Golf Company)
                                       Trimfoot Co.
                                       TT Liquidation Corp.
                                       UGE Liquidation Inc.
                                        (f/k/a W.K. 25, Inc.)
                                       USI Atlantic Corp.
                                       USI Capital, Inc.
                                       USI Funding, Inc.
                                       USI Properties, Inc.
                                       USI Realty Corp.

                                       4
<PAGE>

                                       Zurn (Cayman Islands), Inc.
                                       Zurn Constructors, Inc.
                                        (f/k/a Advanco Constructors, Inc.)
                                       Zurn EPC Services, Inc.
                                        (f/k/a National Energy Production
                                        Corporation)
                                       Zurnacq of California, Inc.

                                       By: /s/ Steven C. Barre
                                           -------------------------------------
                                       Name:
                                             -----------------------------------
                                       Title: Vice President & Assistant
                                              Secretary
                                              ----------------------------------

                                       5<PAGE>
                                                                   Exhibit 10.56

           SUPPLEMENT AND FIRST AMENDMENT TO CLASS B PLEDGE AGREEMENT

         This SUPPLEMENT AND FIRST AMENDMENT TO CLASS B PLEDGE AGREEMENT (this
"SUPPLEMENT AND FIRST AMENDMENT"), dated as of October 16, 2003, between JBI
HOLDINGS LIMITED, a company incorporated under the laws of England and Wales
("JBI HOLDINGS"), the Pledgors party to the Class B Pledge Agreement referred to
below and WILMINGTON TRUST COMPANY, not in its individual capacity but solely as
collateral agent (in such capacity, (the "COLLATERAL AGENT") for the Class B
Secured Parties.

                                    RECITALS

         WHEREAS, the Pledgors and Wilmington Trust Company have entered into
the Indenture dated as of July 15, 2003 (as amended, restated, supplemented or
otherwise modified from time to time, the "INDENTURE"), among the Company, the
Subsidiary Guarantors from time to time party thereto and Wilmington Trust
Company, not in its individual capacity but solely as Trustee (the "TRUSTEE");

         WHEREAS, pursuant to the Class B Pledge Agreement, dated as of July 15,
2003 (as supplemented and amended hereby and as it may hereafter be further
amended, restated, supplemented or otherwise modified, the "CLASS B PLEDGE
AGREEMENT"), Jacuzzi and certain Subsidiaries of Jacuzzi (collectively, the
"PLEDGORS") have pledged to the Collateral Agent the shares of stock owned by
the Pledgors and described on Schedule I to the Class B Pledge Agreement, as
security for the Class B Obligations;

         WHEREAS, JBI Holdings is executing and delivering this Agreement
pursuant to the terms of the Indenture, including Section 4.13 thereof;

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

         1. DEFINED TERMS. Unless otherwise defined herein, terms defined in (i)
the Collateral Agency Agreement dated as of July 15, 2003 among Jacuzzi Brands,
Inc. and Wilmington Trust Company (the "COLLATERAL AGENCY AGREEMENT") and used
herein shall have the meanings given to them in the Collateral Agency Agreement
(whether or not the Collateral Agency Agreement remains in effect) and (ii) the
Indenture and used herein, and not otherwise defined in the Collateral Agency
Agreement, shall have the meanings given to them in the Indenture (whether or
not the Indenture remains in effect).

         2. GRANT OF SECURITY INTEREST. To secure the prompt payment and
performance to the Collateral Agent and each other Class B Secured Party of the
Class B Obligations, JBI Holdings hereby grants to the Collateral Agent for the
benefit of itself and the other Class B Secured Parties to whom Class B
Obligations are owed, a second priority charge and security interest (subject to
the terms and conditions of the Intercreditor Agreement) in and Lien on all of
its Pledged Collateral of the types described in Section 2 of the Class B Pledge
Agreement, including, without limitation, the shares set forth on Schedule I to
this Supplement and First Amendment, as and to the extent set forth in the Class
B Pledge Agreement and to the same extent as if JBI Holdings had been a party to
the Class B Pledge Agreement on the date

<PAGE>

thereof. The terms of the Class B Pledge Agreement are incorporated herein by
reference in their entirety as though fully set forth herein. Each reference to
"Pledgor" or "Pledgors" contained in the Class B Pledge Agreement shall, and
shall be deemed to, include a reference to JBI Holdings. Each reference in the
Class B Pledge Agreement to "this Agreement", "herein", hereof" and words of
like import and each reference in the Indenture or other Security Documents to
the Class B Pledge Agreement shall mean the Class B Pledge Agreement as
supplemented hereby.

         3. AMENDMENTS TO CLASS B PLEDGE AGREEMENT.

         a. The definition of "Pledged Stock" in Section 1 of the Class B Pledge
Agreement is amended and restated in its entirety as follows:

         "PLEDGED STOCK" means one hundred percent (100%) of the capital stock
         and other equity interests of each Domestic Subsidiary owned by any
         Pledgor, one hundred percent (100%) of the capital stock and other
         equity interests of JBI Holdings Limited owned by any Pledgor and sixty
         five percent (65%) of the voting capital stock and other equity
         interests of each first-tier Foreign Subsidiary (other than JBI
         Holdings Limited) owned by any Pledgor other than, in each case,
         capital stock and other equity interests of any immaterial Subsidiary.

         b. Schedule I to the Class B Pledge Agreement is amended as and to the
extent set forth on Schedule I to this Supplement and First Amendment.

         c. The Class B Pledge Agreement shall continue in full force and effect
as supplemented and amended hereby

         4. GOVERNING LAW. THIS SUPPLEMENT AND FIRST AMENDMENT SHALL BE GOVERNED
BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

                            [SIGNATURE PAGE FOLLOWS]

                                       2
<PAGE>

         IN WITNESS WHEREOF, this Supplement and First Amendment to Class B
Pledge Agreement has been duly executed as of the date first written above.

                                       EXECUTED AS A DEED AND DELIVERED BY:

                                       JBI HOLDINGS LIMITED

                                       By:  /s/ Steven C. Barre
                                           -------------------------------------
                                       Name:
                                       Title: Director

                                       WILMINGTON TRUST COMPANY,
                                       not in its individual capacity but
                                       solely as Collateral Agent

                                       By:  /s/ Bruce L. Bisson
                                           -------------------------------------
                                       Name:
                                       Title: Vice President

                                       PLEDGORS:

                                       Jacuzzi Brands, Inc.
                                       Bathcraft, Inc.
                                       Eljer Plumbingware, Inc.
                                       Gatsby Spas, Inc.
                                       Jacuzzi Inc.
                                       JUSI Holdings, Inc.
                                       Redmont, Inc.
                                       Rexair, Inc.
                                       Sundance Spas, Inc.
                                       USI American Holdings, Inc.
                                       USI Global Corp.
                                       Zurco, Inc.
                                       Zurn Industries, Inc.,
                                       Zurn PEX, Inc.
                                       Asteria Company
                                        (f/k/a Elite Bath Company)
                                       Baylis Brothers Inc.
                                       Bruckner Manufacturing Corp.
                                         (f/k/a Farberware Inc.)
                                       Carlsbad Corp.
                                        (f/k/a Odyssey Sports, Inc.)
                                       Compax Corp.
                                       Eljer Industries, Inc.
                                       Environmental Energy Company

                                       3
<PAGE>

                                       Gary Concrete Products, Inc.
                                       HL Capital Corp.
                                       Jacuzzi Whirlpool Bath, Inc.
                                       KLI, Inc. (f/k/a Keller Ladders, Inc.)
                                       Krikles Canada U.S.A., Inc.
                                        (f/k/a Selkirk Canada U.S.A., Inc.)
                                       Krikles Europe U.S.A., Inc.
                                        (f/k/a Selkirk Europe U.S.A., Inc.)
                                       Krikles, Inc.  (f/k/a Selkirk, Inc.)
                                       Lokelani Development Corporation
                                       Luxor Industries Inc.
                                       Maili Kai Land Development Corporation
                                       Mobilite, Inc.
                                       Nissen Universal Holdings Inc.
                                       Outdoor Products LLC
                                       PH Property Development Company
                                       PLC Realty Inc. (f/k/a Prescolite
                                        Lite Controls, Inc.)
                                       Rexair Holdings, Inc.
                                       Sanitary - Dash Manufacturing Co., Inc.
                                       SH 1 Inc.
                                       Strategic Capital Management, Inc.
                                       Strategic Membership Company
                                       Streamwood Corporation (f/k/a Quantum
                                        Performance Films, Inc.)
                                       TA Liquidation Corp.
                                        (f/k/a Tommy Armour Golf Company)
                                       Trimfoot Co.
                                       TT Liquidation Corp.
                                       UGE Liquidation Inc.
                                        (f/k/a W.K. 25, Inc.)
                                       USI Atlantic Corp.
                                       USI Capital, Inc.
                                       USI Funding, Inc.
                                       USI Properties, Inc.
                                       USI Realty Corp.
                                       Zurn (Cayman Islands), Inc.
                                       Zurn Constructors, Inc.
                                        (f/k/a Advanco Constructors, Inc.)
                                       Zurn EPC Services, Inc. (f/k/a National
                                        Energy Production Corporation)
                                       Zurnacq of California, Inc.

                                       By:  /s/ Steven C. Barre
                                           -------------------------------------
                                       Name:
                                             -----------------------------------
                                       Title: Vice President and
                                              ----------------------------------
                                              Assistant Secretary
                                              ----------------------------------

                                       4
<PAGE>

                                   SCHEDULE I

              AMENDMENTS TO SCHEDULE I OF CLASS B PLEDGE AGREEMENT

1. The following rows are deleted from Part A of Schedule I to the Class B
   Pledge Agreement:

<TABLE>
<CAPTION>

                                                                                         Number of        Certificate
      Pledgor                              Issuer                Nature of Shares          Shares          Number(s)
      -------                     --------------------------     ----------------        ----------       ------------
<S>                               <C>                                <C>                     <C>                  <C>
Jacuzzi Brands, Inc.              USI Global Corp.                    Common                 100                  1

USI Atlantic Corp.                USI American Holdings, Inc.         Common                 300             1, 2,3

</TABLE>

2. The following rows are inserted in Part A of Schedule I to the Class B Pledge
   Agreement:

<TABLE>
<CAPTION>

                                                                                         Number of        Certificate
      Pledgor                              Issuer                Nature of Shares          Shares          Number(s)
      -------                     --------------------------     ----------------        ----------       ------------
<S>                               <C>                                <C>                     <C>                  <C>
USI American Holdings, Inc.       USI Global Corp.                    Common                 100                  2

JBI Holdings Limited              USI American Holdings, Inc.         Common                 200                  3

JBI Holdings Limited              USI American Holdings, Inc.         Common                 100                  4

</TABLE>

3. The following row is inserted in Part B of Schedule I to the Class B Pledge
   Agreement:

<TABLE>
<CAPTION>

                                                                                         Number of        Certificate
      Pledgor                              Issuer                Nature of Shares          Shares          Number(s)
      -------                     --------------------------     ----------------        ----------       ------------
<S>                               <C>                                <C>                     <C>                  <C>
Jacuzzi Brands, Inc.              JBI Holdings Limited               Ordinary                100                  1

</TABLE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00059-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00059-of-00352.parquet"}]]