Document:

<PAGE>

                                                                    Exhibit 4.10

THIS WARRANT AND ANY SECURITIES ISSUABLE UPON THE EXERCISE OF THIS WARRANT ARE
SUBJECT TO THE PROVISIONS (INCLUDING TRANSFER RESTRICTIONS) OF A SECURITYHOLDERS
AGREEMENT DATED AS OF MAY 1, 2002 (THE "AGREEMENT'), BY AND AMONG R.A.B.
HOLDINGS, INC., A DELAWARE CORPORATION (THE "COMPANY"), AND THE OTHER
SIGNATORIES THERETO. A COPY OF THE AGREEMENT, AS IT MAY BE AMENDED FROM TIME TO
TIME, IS MAINTAINED WITH THE CORPORATE RECORDS OF THE COMPANY AND IS AVAILABLE
FOR INSPECTION AT THE PRINCIPAL OFFICE OF THE COMPANY, 444 MADISON AVENUE, SUITE
601, NEW YORK, NEW YORK 10022.

THIS WARRANT HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE "ACT"), OR UNDER ANY STATE SECURITIES OR "BLUE SKY" LAWS, AND MUST
BE HELD INDEFINITELY, AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED, PLEDGED,
HYPOTHECATED, GIFTED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE
REGISTRATION UNDER THE ACT COVERING THE TRANSFER OF THE SECURITIES OR AN OPINION
OF COUNSEL, IN FORM, SUBSTANCE AND SCOPE ACCEPTABLE TO THE COMPANY AND WHICH
COUNSEL SHALL BE ACCEPTABLE TO THE COMPANY, THAT REGISTRATION UNDER THE ACT IS
NOT REQUIRED.

                              R.A.B. HOLDINGS, INC.

                        WARRANT TO PURCHASE COMMON STOCK

                             Dated as of May 1, 2002
                   This Warrant is void after April 30, 2010.

Warrant Number:  W__

               This certifies that, for value received, and subject to the terms
and conditions set forth below, _________________, or its registered assigns, is
entitled to purchase from R.A.B. HOLDINGS, INC., a Delaware corporation (the
"Company"), __________ shares (or such other number of shares as may be
determined in accordance with Section 6 hereof) of the common stock, par value
$.01 per share, of the Company (the "Common Stock"), at an exercise price of
$0.01 per share (the "Exercise Price"), upon surrender of this Warrant at the
principal office of the Company referred to below, with the notice of exercise
form attached hereto duly executed and the simultaneous payment of the Exercise
Price or, in lieu of payment of such Exercise Price, by indication on the
exercise form that the conversion method provided in Section 2(c) has been
elected in connection with such exercise.

               This Warrant is one of the Warrants (the "Warrants") originally
issued in connection with the execution and delivery of the Securityholders
Agreement dated as of May 1, 2002 (the "Securityholders Agreement") by and among
the Company and the Securityholders party thereto.

<PAGE>

               Certain capitalized terms used in this Warrant are defined in
Section 7.

               1. Term of Warrant. Subject to the terms and conditions set forth
herein, and subject to compliance with applicable securities laws, this Warrant
shall be exercisable, in whole or in part, at any time and from time to time,
commencing at 9:00 a.m., New York, New York time, on May 1, 2002 and ending at
5:00 p.m., New York, New York time, on April 30, 2010 (the "Expiration Time"),
and shall be void and of no force or effect thereafter.

               2. Exercise of Warrant.

               (a) Manner of Exercise. The right to purchase shares of Common
Stock represented by this Warrant are exercisable by the holder hereof in whole
or in part, at any time or from time to time, prior to the Expiration Time, by
the surrender of this Warrant, the giving by the holder to the Company, in
accordance with the notice provisions of Section 9(a), of a duly completed
notice of exercise executed by the holder in the form annexed hereto (which
shall specify the number of shares of Common Stock as to which this Warrant is
being exercised), and the payment by the holder to the Company in cash or wire
transfer of immediately available funds of the Exercise Price with respect to
the shares to be purchased or, in lieu of payment of such Exercise Price, by
indication on the exercise form that the conversion method provided in Section
2(c) has been elected in connection with such exercise.

               (b) Time of Exercise. This Warrant shall be deemed to have been
exercised immediately prior to the close of business on the date of its
surrender for exercise as provided above, and the Person entitled to receive the
shares of Common Stock issuable upon such exercise shall be treated for all
purposes as the holder of record of such shares as of the close of business on
such date. As promptly as practicable on or after such date and in any event
within five (5) days thereafter, the Company, at its expense, will issue and
deliver to the Person or Persons entitled to receive the same a certificate or
certificates for the number of shares issuable upon such exercise.

               (c) Conversion of Warrant. Notwithstanding any provisions herein
to the contrary, at any time that the Fair Market Value is greater than the
Exercise Price, in lieu of exercising this Warrant for cash, the holder may
convert this Warrant or any part hereof into a number of shares of Common Stock
determined according to the following formula:

                                      -2-
<PAGE>

                                  Y (A-B)
                             X =  -------------
                                  A

Where (i) "X" equals the number of shares of Common Stock to be issued to the
holder upon such conversion; (ii) "Y" equals the number of shares of Common
Stock purchasable pursuant to the Warrant or (if applicable) pursuant to the
portion of the Warrant being exercised as of the date of calculation; (iii) "A"
equals the Fair Market Value of one share of Common Stock as of the date of
calculation; and (iv) "B" equals the Exercise Price of $.01 per share.

               (d) No Fractional Shares or Scrip. No fractional shares of Common
Stock or scrip representing fractional shares shall be issued upon the exercise
of this Warrant. In lieu of any fractional share of Common Stock to which the
holder may otherwise be entitled, the Company shall make a cash payment equal to
the Exercise Price hereof multiplied by such fraction.

               3. Transfer, Replacement of Warrant.

               (a) Warrant Register. The Company will maintain a register
containing the name and address of the holder of this Warrant. Any holder of
this Warrant or any portion thereof may change his address as shown on the
Warrant register by written notice to the Company requesting such change. Any
notice or written communication required or permitted to be given to the holder
may be delivered or given at the address shown on the Warrant register. Until
the transfer of this Warrant is recorded in the Warrant register, the Company
may treat the holder as shown on the Warrant register as the absolute owner of
this Warrant for all purposes, notwithstanding any notice to the contrary.

               (b) Warrant Agent. The Company may, by written notice to the
holder, appoint an agent for the purpose of maintaining the Warrant register
referred to in Section 3(a) above, issuing the Common Stock or other securities
then issuable upon the exercise of this Warrant, exchanging this Warrant,
replacing this Warrant, or any or all of the foregoing. Thereafter, any such
registration, issuance, exchange, or replacement, as the case may be, shall be
made at the office of such agent. Until any such appointment, the Company shall
be responsible for the foregoing.

               (c) Transferability and Nonnegotiability of Warrant. This Warrant
may not be transferred, sold, assigned, pledged, mortgaged, hypothecated or
otherwise disposed of, in whole or in part, without compliance with all
applicable federal and state securities laws by the transferor and the
transferee (including the delivery of investment representation letters and
legal opinions satisfactory to the Company, if such are requested by the
Company). Subject to the provisions of this Warrant with respect to compliance
with the Securities Act of 1933, as amended (the "Act"), title to this Warrant
may be transferred by indorsement (by the holder executing the assignment form
annexed hereto) and delivery in the same manner as a negotiable instrument
transferable by indorsement and delivery.

               (d) Exchange of Warrant Upon a Transfer. On surrender of this
Warrant for exchange, properly indorsed on the assignment form and subject to
the provisions of this Warrant with respect to compliance with the Act and with
the limitations on assignments and transfers contained in this Section 3 and in
the Securityholders Agreement, the Company at its expense shall issue to or on
the order of the holder a new Warrant or Warrants of like tenor, in the name of
the holder or as the holder (on payment by the Holder of any applicable transfer
taxes) may direct, for the number of shares issuable upon exercise hereof.

                                      -3-
<PAGE>

               (e) Remainder Warrant Upon Partial Exercise. Upon any partial
exercise of this Warrant, the Company, at its expense, shall execute and deliver
to the holder a Warrant of like tenor and amount representing the unexercised
portion hereof.

               (f) Replacement of Warrant. On receipt of evidence reasonably
satisfactory to the Company of the loss, theft, destruction or mutilation of
this Warrant and, in the case of loss, theft or destruction, on delivery of an
indemnity agreement reasonably satisfactory in form and substance to the Company
or, in the case of mutilation, on surrender and cancellation of this Warrant,
the Company, at its expense, shall execute and deliver, in lieu of this Warrant,
a new Warrant of like tenor and amount.

               4. Securityholders Agreement; Legends. This Warrant and any
shares of Common Stock purchasable upon the exercise of this Warrant are subject
in all respects to the Securityholders Agreement. The shares purchasable
pursuant to this Warrant will be "restricted securities" as such term is defined
in Rule 144 promulgated under the Act and may not be transferred, sold,
assigned, pledged, mortgaged, hypothecated or otherwise disposed of, in whole or
in part, except in compliance with applicable federal and state securities laws.
All stock certificates for such shares now or hereafter owned by the holder
hereof shall have indorsed in writing, stamped or printed, upon the back
thereof, legends to the following effect:

                  THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE
                  PROVISIONS (INCLUDING TRANSFER RESTRICTIONS) OF A
                  SECURITYHOLDERS AGREEMENT DATED AS OF MAY 1, 2002 (THE
                  "AGREEMENT'), BY AND AMONG R.A.B. HOLDINGS, INC., A DELAWARE
                  CORPORATION (THE "COMPANY"), AND THE OTHER SIGNATORIES
                  THERETO. A COPY OF THE AGREEMENT, AS IT MAY BE AMENDED FROM
                  TIME TO TIME, IS MAINTAINED WITH THE CORPORATE RECORDS OF THE
                  COMPANY AND IS AVAILABLE FOR INSPECTION AT THE PRINCIPAL
                  OFFICE OF THE COMPANY, 444 MADISON AVENUE, SUITE 601, NEW
                  YORK, NEW YORK 10022.

                  THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
                  REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
                  "ACT"), OR UNDER ANY STATE SECURITIES OR "BLUE SKY" LAWS, AND
                  MUST BE HELD INDEFINITELY, AND MAY NOT BE SOLD, TRANSFERRED,
                  ASSIGNED, PLEDGED, HYPOTHECATED, GIFTED OR OTHERWISE DISPOSED
                  OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION UNDER THE ACT
                  COVERING THE TRANSFER OR AN OPINION OF COUNSEL, IN FORM,
                  SUBSTANCE AND SCOPE ACCEPTABLE TO THE COMPANY AND WHICH
                  COUNSEL SHALL BE ACCEPTABLE TO THE COMPANY, THAT REGISTRATION
                  UNDER THE ACT IS NOT REQUIRED.

                                      -4-
<PAGE>

               5. Notices of Certain Events. In case the Company shall:

               (i) take a record of the holders of its Common Stock (or other
         stock or securities at the time receivable upon the exercise of this
         Warrant) for the purpose of entitling them to receive any dividend or
         other distribution, or any right to subscribe for or purchase any
         shares of stock of any class or any other securities, or to receive any
         other right, or

               (ii) give effect to or be subject to any capital reorganization
         of the Company, any reclassification of the capital stock of the
         Company, any consolidation or merger of the Company with or into
         another corporation (in which the Company is not the surviving
         corporation), or any conveyance of all or substantially all of the
         assets of the Company to another corporation or other entity, or

               (iii) give effect to or approve any voluntary dissolution,
         liquidation or winding-up of the Company;

then, and in each such case, the Company will cause notice thereof to be
provided to the holder of this Warrant, such notice to specify, as the case may
be, (A) the date on which a record is to be taken for the purpose of such
dividend, distribution or right, and stating the amount and character of such
dividend, distribution or right, or (B) the date on which such reorganization,
reclassification, consolidation, merger, conveyance, dissolution, liquidation or
winding-up is to take place, and the time, if any is to be fixed, as of which
the holders of record of Common Stock (or such stock or securities at the time
receivable upon the exercise of this Warrant) shall be entitled to exchange
their shares of Common Stock (or such other stock or securities) for securities
or other property deliverable upon such reorganization, reclassification,
consolidation, merger, conveyance, dissolution, liquidation or winding-up and a
description in reasonable detail of the transaction. Such notice shall be
provided not less than twenty (20) days prior to the date therein specified.

               6. Adjustments of Number of Shares.

               6.1. Adjustment upon Issuance of Additional Shares of Common
         Stock.

               (a) If the Company, at any time or from time to time after the
date hereof until the Public Offering Date, shall issue or sell Additional
Shares of Common Stock, including Additional Shares of Common Stock deemed to be
issued pursuant to Section 6.3 or 6.4, without consideration or for a
consideration per share less than the greater of the Fair Market Value of the
Common Stock or the Exercise Price in effect, in each case immediately prior to
such issuance or sale, then, and in each such case, subject to Section 6.7, the
number of shares of Common Stock issuable pursuant to this Warrant shall be
increased, concurrently with such issuance or sale, to a number (calculated to
the nearest whole share) determined by multiplying the number of shares for
which this Warrant is exercisable immediately prior thereto, by a fraction, of
which:

                                      -5-
<PAGE>

               (x) the numerator shall be the sum of (A) the number of shares of
         Common Stock outstanding on a Fully Diluted Basis immediately prior to
         such issuance or sale plus (B) the number of Additional Shares of
         Common Stock issued or deemed issued in the issuance or sale pursuant
         to Section 6.3 or Section 6.4; and

               (y) the denominator shall be the sum of (A) the number of shares
         of Common Stock outstanding on a Fully Diluted Basis immediately prior
         to such issuance or sale plus (B) the number of shares of Common Stock
         that the aggregate consideration received by the Company for the total
         number of Additional Shares of Common Stock so issued or sold would
         purchase at the Fair Market Value on a Fully Diluted Basis then in
         effect;

and for purposes of this Section 6.1(a), immediately after any Additional Shares
of Common Stock shall be deemed to be issued pursuant to Section 6.3. or 6.4,
such Additional Shares of Common Stock shall be deemed to be outstanding.

               6.2. Dividends and other Distributions. If the Company at any
time or from time to time after the date hereof shall declare, order, pay or set
apart any sum or property for or make a dividend or other distribution
(including, without limitation, any distribution of other or additional stock or
other securities or property or options by way of dividend or spin-off,
reclassification, recapitalization or similar corporate rearrangement) on Common
Stock, other than a dividend payable in Additional Shares of Common Stock (in
which case the provisions of Section 6.1(a) and Section 6.4 shall apply) then,
and in each such case, subject to Section 6.7, at the option of the holder
hereof, which may be exercised at the time of such dividend or other
distribution upon written notice to the Company within ten (10) business days
after receipt from the Company of notice under Section 9 (provided that if such
notice is not given the holder shall be deemed to have exercised the option set
forth in paragraph (ii) below), either:

               (i) the number of shares of Common Stock issuable pursuant to
this Warrant shall be increased, concurrently with such issuance or sale, to a
number (calculated to the nearest whole share) determined by multiplying the
number of shares for which this Warrant is exercisable immediately prior
thereto, by a fraction, of which:

                  (x) the numerator shall be the Fair Market Value of Common
         Stock on a Fully Diluted Basis in effect on such record date; and

                  (y) the denominator shall be Fair Market Value of Common Stock
         on a Fully Diluted Basis in effect on such record date for the action
         contemplated by this Section 6.2 less the amount of such dividend or
         distribution (as determined in good faith by the Board of Directors of
         the Company) applicable to one share of Common Stock; or

               (ii) the Company shall pay over to the holder of the Warrant the
securities and other property (including cash) that such holder would have
received (together with all distributions thereon) if such holder had exercised
this Warrant, immediately prior to the record date fixed for the action
contemplated by this Section 6.2, and the Company shall take whatever steps are
necessary or appropriate to keep in reserve at all times such securities and
other property as shall be required to fulfill its obligations hereunder in
respect of the shares issuable upon the exercise of the Warrant.

                                      -6-
<PAGE>

               6.3. Treatment of Options and Convertible Securities. For
purposes of Section 6.1(a), if the Company at any time or from time to time
after the date hereof shall issue, sell, grant or assume, or shall fix a record
date for the determination of holders of any class of securities entitled to
receive, any Options or Convertible Securities, then, and in each such case, the
Additional Shares of Common Stock deemed to be issued as of the time of such
issuance, sale, grant or assumption shall be the maximum number of Additional
Shares of Common Stock (as set forth in the instrument relating thereto, without
regard to any provisions contained therein for a subsequent adjustment of such
number) issuable upon the exercise of such Options or, in the case of
Convertible Securities, the conversion or exchange of such Convertible
Securities (or, in case such a record date shall have been fixed, as of the
close of business on such record date); provided, however, that such Additional
Shares of Common Stock shall not be deemed to have been issued unless the
consideration per share (determined pursuant to Section 6.5) of such shares
would be less than the greater of the Fair Market Value or the Exercise Price in
effect, in each case on the date of and immediately prior to such issuance,
sale, grant or assumption (or immediately prior to the close of business on such
record date), as the case may be. In the event any such Additional Shares of
Common Stock are deemed to be issued as provided in the preceding sentence:

               (i) no further adjustment of the number of shares issuable
hereunder shall be made upon the subsequent issuance or sale of Convertible
Securities or shares of Common Stock upon the exercise of such Options or the
conversion or exchange of such Convertible Securities;

               (ii) if such Options or Convertible Securities by their terms
provide, with the passage of time or otherwise, for any increase in the
consideration payable to the Company, or for any decrease in the number of
Additional Shares of Common Stock issuable, upon the exercise, conversion or
exchange thereof (by change of rate or otherwise), the number of shares issuable
hereunder computed upon the original issuance, sale, grant or assumption thereof
(or upon the occurrence of the record date with respect thereto), and any
subsequent adjustments based thereon, shall, upon any such increases or
decreases becoming effective, be recomputed to reflect such increase or decrease
insofar as it affects such Options, or the rights of conversion or exchange
under such Convertible Securities, that are outstanding at such time;

               (iii) upon the expiration (or purchase by the Company and
cancellation or retirement) of any such Options that shall not have been
exercised or the expiration of any rights of conversion or exchange under any
such Convertible Securities that (or purchase by the Company and cancellation or
retirement of any such Convertible Securities the rights of conversion or
exchange under which) shall not have been exercised, the number of shares
issuable hereunder computed upon the original issuance, sale, grant or
assumption thereof (or upon the occurrence of the record date), and any
subsequent adjustments based thereon, shall, upon such expiration (or such
cancellation or retirement, as the case may be), be recomputed as if:

                                      -7-
<PAGE>

                             (A) in the case of such Options or Convertible
               Securities, the only Additional Shares of Common Stock issued or
               sold were the shares of Common Stock, if any, actually issued or
               sold upon the exercise of such Options or the conversion or
               exchange of such Convertible Securities and the consideration
               received therefor was the consideration actually received by the
               Company for the issuance, sale, grant or assumption of all such
               Options, whether or not exercised, plus the consideration
               actually received by the Company upon such exercise, or for the
               issuance or sale of all such Convertible Securities that were
               actually converted or exchanged, plus the additional
               consideration, if any, actually received by the Company upon such
               conversion or exchange, and

                             (B) in the case of Options for Convertible
               Securities, only the Convertible Securities, if any, actually
               issued or sold upon the exercise thereof were issued at the time
               of the issuance, sale, grant or assumption of such Options, and
               the consideration received by the Company for the Additional
               Shares of Common Stock deemed to have then been issued was the
               consideration actually received by the Company for the issuance,
               sale, grant or assumption of all such Options, whether or not
               exercised, plus the consideration deemed to have been received by
               the Company (pursuant to Section 6.5) upon the issuance or sale
               of the Convertible Securities with respect to which such Options
               were actually exercised; and

                             (C) no readjustment pursuant to clause (ii) or
               (iii) of this Section 6.3 shall have the effect of decreasing the
               number of shares purchasable upon exercise of this Warrant by an
               amount in excess of the amount of the adjustment thereof
               originally made in respect of the issuance, sale, grant or
               assumption of such options or Convertible Securities.

               6.4. Treatment of Stock Dividends, Stock Splits, etc. For
purposes of Section 6.1(a), if the Company, at any time or from time to time
after the date hereof, shall declare or pay any dividend on its Common Stock
payable in Common Stock, or shall effect a subdivision of the outstanding shares
of Common Stock into a greater number of shares of Common Stock (by
reclassification or otherwise than by payment of a dividend in Common Stock),
then, and in each such case, Additional Shares of Common Stock shall be deemed
to have been issued (a) in the case of any such dividend, immediately after the
close of business on the record date for the determination of holders of any
class of securities entitled to receive such dividend, or (b) in the case of any
such subdivision, at the close of business on the day immediately prior to the
day upon which such corporate action becomes effective.

               6.5. Computation of Consideration.

               (a) The consideration for the issuance or sale of any Additional
Shares of Common Stock shall (irrespective of the accounting treatment of such
consideration):

                   (i) insofar as the consideration consists of cash, be
               computed as the amount of cash received by the Company, net of
               any expenses paid or incurred by the Company and any commission
               or compensations paid or concessions or discounts allowed to
               underwriters, dealers or others performing similar services in
               connection with such issuance or sale,

                                      -8-
<PAGE>

                   (ii) insofar as the consideration consists of property
               (including securities) other than cash, be computed at the fair
               value thereof at the time of such issuance or sale, as determined
               in good faith by the Board of Directors of the Company, and

                   (iii) in case Additional Shares of Common Stock are issued or
               sold together with other stock or securities or other assets of
               the Company for a consideration that covers both, be the portion
               of such consideration so received, computed as provided in
               clauses (i) and (ii) above, allocable to such Additional Shares
               of Common Stock, all as determined in good faith by the Board of
               Directors of the Company.

               (b) Additional Shares of Common Stock deemed to have been issued
pursuant to Section 6.3, relating to Options and Convertible Securities, shall
be deemed to have been issued for a consideration per share determined by
dividing:

                   (i) the total amount of consideration, if any, received and
               receivable by the Company for the issuance, sale, grant or
               assumption of the Options or Convertible Securities in question,
               plus the minimum aggregate amount of additional consideration (as
               set forth in the instruments relating thereto, without regard to
               any provision contained therein for a subsequent adjustment of
               such consideration the purpose of which is to protect against
               dilution) payable to the Company upon the exercise in full of
               such Options or the conversion or exchange of such Convertible
               Securities, or, in the case of Options for Convertible
               Securities, the exercise of such Options for Convertible
               Securities and the conversion or exchange of such Convertible
               Securities, in each case computing such consideration as provided
               in Section 6.5(a), by

                   (ii) the maximum number of shares of Common Stock (as set
               forth in the instruments relating thereto, without regard to any
               provision contained therein for a subsequent adjustment of such
               number the purpose of which is to protect against dilution)
               issuable upon the exercise of such Options or the conversion or
               exchange of such Convertible Securities.

                  (c) Additional Shares of Common Stock deemed to have been
issued pursuant to Section 6.4, relating to stock dividends, stock splits, etc.,
shall be deemed to have been issued for no consideration.

                  6.6. Adjustments for Combinations, etc. In case the
outstanding shares of Common Stock shall be combined or consolidated, by
reclassification or otherwise, into a lesser number of shares of Common Stock,
the number of shares that may be purchased upon exercise of this Warrant
immediately prior to such combination or consolidation (and each other share or
per-share amount set forth in this Warrant, where appropriate) shall,
concurrently with the effectiveness of such combination or consolidation, be
proportionately reduced as determined in good faith by the Board of Directors of
the Company.

                                      -9-
<PAGE>

                  6.7. Minimum Adjustment of Number of Shares. If the amount of
any adjustment of the number of shares of Common Stock that may be purchased
upon exercise of this Warrant required pursuant to this Section 6 would be less
than one-tenth of 1% of such number of shares prior to such adjustment is
otherwise so required to be made, such amount shall be carried forward and
adjustment with respect thereto made at the time of and together with any
subsequent adjustment which, together with such amount and any other amount or
amounts so carried forward, shall aggregate at least one percent (0.01) of such
number of shares; provided, however, that upon the exercise of this Warrant, all
necessary adjustments (calculated to the nearest whole share) not theretofore
made relating thereto by reason of the initial clause of this sentence, up to
and including the date of such exercise or conversion, shall be made.

                  6.8. Reclassification, Consolidation, Merger, etc. In the case
of any reclassification or change of the outstanding shares of Common Stock
(other than a change from no par value to par value or vice versa or a change in
par value, or as a result of a subdivision or combination), or in the case of
any consolidation of the Company with, or merger of the Company with or into,
another corporation (other than a consolidation or merger in which the Company
is the surviving corporation and that does not result in any reclassification or
change of the outstanding shares of Common Stock except a change as a result of
a subdivision or combination of such shares or a change in par value as
aforesaid), the holder of this Warrant shall thereafter (but only until the
Expiration Time) have the right to purchase the kind and number of shares of
stock and/or other securities or property receivable upon such reclassification,
change, consolidation, merger, sale or conveyance in respect of the number of
shares issuable under this Warrant immediately prior to the time of
determination of stockholders of the Company entitled to receive such shares of
stock and/or other securities or property, at a purchase price equal to the
product of (x) the number of shares issuable under this Warrant immediately
prior to such determination, times (y) the Exercise Price provided hereunder, as
if such holder had exercised this Warrant immediately prior to such
determination. The Company shall be obligated to retain and set aside, or
otherwise make fair provision for exercise of the right of the holder hereof to
receive, the shares of stock and/or other securities or property provided for in
this Section 6.8.

                  6.9. Assumption of Obligations. Notwithstanding anything
contained herein to the contrary, the Company will not effect any of the
transactions described in Section 6.8 unless, prior to the consummation thereof,
each Person (other than the Company) which may be required to deliver any stock,
securities, cash or property upon the exercise of this Warrant as provided
herein shall assume, by written instrument delivered to the holder of this
Warrant, and reasonably satisfactory to Securityholders who hold a
majority-in-interest of the Warrants, (a) the obligations of the Company under
this Warrant (and if the Company shall survive the consummation of such
transaction, such assumption shall be in addition to, and shall not release the
Company from, any continuing obligations of the Company under this Warrant) and
(b) the obligation to deliver to such holder such shares of stock, securities,
cash or property as, in accordance with the foregoing provisions of this Section
6, such holder may be entitled to receive.

                  6.10. No Adjustment with Respect to Shares of Common Stock
Held. Anything to the contrary contained herein notwithstanding, subject to
Section 6.13, the antidilution rights provided under this Section 6 shall be
available to the extent (and only to the extent) provided herein in respect of
the rights to purchase Common Stock hereunder but shall not be available in
respect of shares of Common Stock held by the holder, whether or not such shares
were purchased pursuant to this Warrant.

                                      -10-
<PAGE>

                  6.11. No Voting Rights. The holder of this Warrant shall have
no right to vote as a stockholder in respect of this Warrant.

                  6.12. Transactions with Affiliates and Related Parties. The
Company covenants and agrees, for the benefit of the Warrantholder, that so long
as the Warrant (or any replacement thereof) remains outstanding, the Company
will not permit any Permitted Holder (as defined in the Amended and Restated
Indenture dated as of May 1, 2002 between the Company and JPMorgan Chase Bank,
as trustee (the "Indenture")), Subsidiary (as defined in the Indenture) of the
Company, executive officer or director of the Company or any of its
Subsidiaries, family member of the any of the foregoing or any Affiliate of any
of the foregoing to hold at any time any direct or indirect interest in the
Original Securities (as defined in the Indenture), economic, beneficial or
otherwise, including, without limitation, any participation in the Original
Securities.

                  6.13. Additional Adjustment in Respect of Preferred Stock.

                  (a) From and after the A/B Determination Date, the number of
shares purchasable pursuant to this Warrant shall be increased by adding thereto
the result obtained by dividing:

                      (i) the product of (A) the number of shares of Common
               Stock that, immediately prior to the adjustment pursuant to this
               provision, are purchasable under this Warrant times (B) the
               result of (x) the Number of A/B Common Shares multiplied by (y)
               0.05; by

                      (ii) the product of (A) 5,500 (i.e., the number of shares
               that would initially be purchasable under all Warrants if all
               holders of the Company's 13% Senior Notes consent to the Amended
               and Restated Indenture being executed and delivered as of May 1,
               2002 by and between the Company and JPMorgan Chase Bank, as
               trustee) as such number is adjusted from time to time pursuant to
               the terms of this Section 6 and (B) 0.95.

                  (b) Promptly after the A/B Determination Date, the Company
shall prepare and deliver to the holder of this Warrant a calculation, in
reasonable detail, of the Number of A/B Common Shares and of the increase in the
number of shares purchasable pursuant to this Warrant as provided in paragraph
(a) above. The Company's calculation of the Number of A/B Common Shares and the
increase in the number of shares purchasable pursuant to this Warrant as
provided in Section 6.13(a) above shall be final and binding on the holder of
this Warrant absent manifest error.

                  (c) Anything to the contrary notwithstanding, with respect to
any full or partial exercise of this Warrant (the portion of this Warrant so
exercised, for purposes of this paragraph (c), the "Exercised Portion of this
Warrant") that occurs before the A/B Determination Date, the Company shall be
obligated (subject to compliance with applicable securities laws) until the
Expiration Time to issue to the holder or any Affiliate of the holder in respect
of the Warrant Shares purchased pursuant to such exercise (provided however that
the Company shall not be so required in respect of any Warrant Shares
transferred by the holder or any Affiliate of the holder to any Person that is
not an Affiliate of the holder), promptly after the A/B Determination Date, a
number of shares of Common Stock, against payment by the holder or Affiliate (as
applicable) of the Exercise Price with respect thereto, equal to the number of
additional shares of Common Stock by which the Exercised Portion of this Warrant
would have increased from and after the A/B Determination Date as provided in
Section 6.13(a) if the Exercised Portion of this Warrant had not been exercised
prior to the A/B Determination Date.

                                      -11-
<PAGE>

                  7. Definitions. As used herein, unless the context otherwise
requires the following terms have the following respective meanings:

                  (a) A/B Determination Date: shall mean the Business Day
immediately after the first five (5) consecutive trading days following the
initial underwritten offering of shares of Common Stock (the "IPO") on which the
closing trading prices for such shares (as reported on the principal exchange on
which the Common Stock is listed or, if not listed on an exchange, the principal
securities market on which the Common Stock is traded) equals or exceeds 120% of
the price to the public (without reduction for underwriting discounts or
commissions or any other expenses) of one share of Common Stock as set forth on
the cover page of the prospectus or prospectus supplement required to be filed
with the Securities and Exchange Commission under Rule 424(b) (as amended from
time to time) under the Act, in connection with the IPO.

                  (b) Additional Shares of Common Stock: shall mean all shares
of Common Stock issued or sold (or, pursuant to Section 6.3 or 6.4, deemed to be
issued) by the Company after the date hereof; provided, however, that Additional
Shares of Common Stock shall not include (and no adjustment shall be made
pursuant to Section 6 in respect of) shares of Common Stock that are issued or
that may be deemed to be issued:

                      (i) upon the exercise or conversion of securities issued
               pursuant to any transaction of the type contemplated in items
               (ii) through (vi) of this definition;

                      (ii) pursuant to the terms of any security that is
               outstanding on the date hereof, including, but not limited to,
               shares of the Company's Series A Preferred Stock or shares of the
               Company's Series B Preferred Stock;

                      (iii) to employees, officers, directors or consultants of
               the Company or any of its subsidiaries pursuant to any stock
               option plan, stock purchase plan, stock issuance plan or similar
               employee benefit plan or arrangement (each, an "Employee Equity
               Plan") that has been approved by the Board of Directors of the
               Company or a committee of the Board of Directors of the Company
               up to a number of shares of Common Stock that equal an aggregate
               of 4.5% of the shares of Common Stock outstanding on a Fully
               Diluted Basis on the date hereof (excluding the Warrants)
               (adjusted as appropriate as a result of stock dividends, stock
               splits, combinations of shares and similar capital transactions);
               provided that the foregoing 4.5% shall be in addition to any
               shares that are issued and outstanding on the date hereof (and
               subsequent repurchases and reissuances of such shares in
               connection with Employee Equity Plans);

                                      -12-
<PAGE>

                      (iv) in connection with mergers and acquisitions by the
               Company or any of its subsidiaries with any Person that is not an
               Affiliate of the Company or of the Principal Stockholders (as
               defined in the Securityholders Agreement) and that have been
               approved by the Board of Directors of the Company;

                      (v) pursuant to an underwritten public offering;

                      (vi) in addition to the shares issued in transactions
               described in item (vii) below, in connection with any financing,
               refinancing, recapitalization, exchange offer, amendment or
               similar transaction (a "Refinancing") entered into by the Company
               or any of its subsidiaries with any bank, investment company,
               venture capital firm or other institutional lender, or with any
               other lenders or investors in the indebtedness of the Company or
               any subsidiary, in each case as approved by the Board of
               Directors of the Company up to an aggregate of 2% of the shares
               of Common Stock outstanding on a Fully Diluted Basis on the date
               hereof (excluding the Warrants) (adjusted as appropriate as a
               result of stock dividends, stock splits, combinations of shares
               and similar capital transactions); and

                      (vii) in addition to the shares issued in transactions
               described in item (vi) above, in connection with any Refinancing
               entered into by the Company and/or R.A.B. Enterprises, Inc.
               ("Enterprises") with the holders of the 10.50% Senior Notes of
               Enterprises due 2005.

                  (c) Affiliate: shall mean, with respect to the Company or any
of its Subsidiaries (or any other specified Person), any other Person which,
directly or indirectly controls or is controlled by or is under direct or
indirect common control with the Company or such Subsidiary (or such specified
Person), and, without limiting the generality of the foregoing, shall include
(a) any Person which beneficially owns or holds 10% of more of any class of
voting securities of such Person or 10% or more of the equity interest in such
Person, (b) any Person of which such Person beneficially owns or holds 10% or
more of any class of voting securities or in which such Person beneficially owns
or holds 10% or more of the equity interest in such Person and (c) any director
or executive officer of such Person. For the purposes of this definition, the
term "control" (including, with correlative meanings, the terms "controlled by"
and "under common control with"), as used with respect to any Person, means the
possession, directly or indirectly, of the power to direct or cause the
direction of the management and policies of such Person, whether through the
ownership of voting securities or by contract or otherwise.

                  (d) Appraiser: shall mean an independent accounting firm, an
investment banking firm, a business appraiser or a valuation consultant selected
by the Company and identified to the holder hereof in a written notice from the
Company; provided that Securityholders who hold a majority-in-interest of the
Warrants shall not have notified the Company of a reasonable objection to such
proposed Appraiser within 30 days after the Company gives notice thereof.

                                      -13-
<PAGE>

                  (e) Business Day: shall mean a day other than a Saturday, a
Sunday or a day on which banking institutions in the State of New York are
authorized or obligated by law or executive order to close.

                  (f) Convertible Securities: shall mean any evidences of
indebtedness, shares of stock (other than Common Stock) or other securities
directly or indirectly convertible into or exchangeable for Common Stock.

                  (g) Fair Market Value: shall mean, as of any particular date
specified herein, the amount per share of Common Stock equal to the average of
the closing per share prices of the sales of the Common Stock on all securities
exchanges on which the Common Stock may at the time be listed, or if there have
been no sales on any such exchange on any day, the average of the highest bid
and lowest asked prices on all such exchanges at the end of such day, or, if on
any day the Common Stock is not so listed, the average of the representative bid
and asked per share prices quoted in the NASDAQ National Market System as of
4:00 p.m., New York time, or, if on any day the Common Stock is not quoted in
the NASDAQ National Market System, the average of the highest bid and lowest
asked per share prices on such day in the domestic over-the-counter market as
reported by the NASDAQ National Quotation Bureau, Incorporated, or any similar
successor organization, in each such case averaged over a period of 20 trading
days consisting of the day as of which the Fair Market Value is being determined
and the 19 consecutive trading days prior to such day. If at any time the Common
Stock is not so listed on any securities exchange or quoted in the NASDAQ
National Market System or the domestic over-the-counter market, the Fair Market
Value will be the fair value of the Common Stock as determined in good faith by
the Company's Board of Directors or the Company's Chief Financial Officer and
approved by the Company's Board of Directors on the basis of the Company's total
enterprise value without any increase for any control premium or any reduction
for minority interest; provided, that if Additional Shares of Common Stock are
issued to an Affiliate of the Company (except in any transaction in which an
Affiliate of the Company is purchasing not more than 10% of the Additional
Shares of Common Stock to be issued in such transaction), the Fair Market Value
of such Additional Shares of Common Stock (if determined by the Board of
Directors of the Company in accordance with this definition) at the time of such
issuance or sale shall be the value determined by the Board of Directors of the
Company and confirmed in a written opinion of an Appraiser.

                  (h) Fully Diluted Basis: shall mean, in any calculation of a
number of shares of Common Stock, the number of such shares that would be
outstanding after issuances of all shares of Common Stock issuable in respect of
any and all securities convertible into, exercisable or exchangeable for, or
otherwise providing the right to acquire, shares of Common Stock; provided that
shares issuable pursuant to the Company's Series A or Series B Preferred Stock
shall not be included for this purpose.

                  (i) NASDAQ: shall mean the National Association of Securities
Dealers Automated Quotation System.

                  (j) Number of A/B Common Shares: shall mean the number of
shares of Common Stock issuable upon conversion of the then outstanding shares
of the Company's Series A Preferred Stock and the then outstanding shares of the
Company's Series B Preferred Stock, in each case in accordance with the terms of
the Certificate of Designation applicable to the Series A Preferred Stock and
the terms of the Certificate of Designation applicable to the Series B Preferred
Stock, respectively.

                                      -14-
<PAGE>

                  (k) Options: shall mean rights, options or warrants to
subscribe for, purchase or otherwise acquire either Common Stock or Convertible
Securities.

                  (l) Person: shall mean a corporation, an association, a
partnership, an organization or business, an individual, a government or
political subdivision thereof or a governmental agency.

                  (m) Public Offering Date: shall mean the effective date of an
underwritten public offering of Common Stock or securities exercisable or
exchangeable for or convertible into shares of Common Stock, which public
offering shall provide for gross proceeds to the Company of not less than
$25,000,000.

                  8. Reservation; Authorization; Capitalization. The Company has
duly reserved, and will keep available for issuance upon exercise of the
Warrant, the total number of shares of Common Stock issuable from time to time
upon exercise of this Warrant in its entirety. The Company will not take any
actions during the term of this Warrant that would result in any adjustment of
the number of shares of Common Stock issuable upon the exercise of this Warrant
if the sum of (i) the total number of shares of Common Stock issuable after such
action upon exercise of this Warrant, (ii) all shares of Common Stock issued and
outstanding and (iii) all shares of Common Stock then issuable (y) upon the
exercise of all outstanding Options and (z) upon the exercise, conversion or
exchange of all other outstanding Convertible Securities, would exceed the total
number of shares of Common Stock then authorized for issuance by the Company.
The issuance of the shares of Common Stock issuable pursuant to this Warrant has
been duly and validly authorized and, when issued and sold in accordance with
the Warrants, the shares of Common Stock issuable hereunder will be duly and
validly issued, fully paid and non-assessable. Neither the issuance of this
Warrant nor the issuance of Warrant Shares upon exercise of this Warrant
violates or conflicts with the Company's certificate of incorporation or by laws
or any material agreement to which the Company is a party.

         The Company will not, by amendment of its certificate of incorporation
or through any consolidation, merger, reorganization, transfer of assets,
dissolution, issue or sale of securities or any other voluntary action, avoid or
seek to avoid the observance or performance of any of the terms of this Warrant,
but will at all times in good faith carry out of all such terms and take such
action as necessary to protect the rights of the holder as provided in this
Warrant. Without limiting the generality of the foregoing, the Company (a) will
not permit the par value of any shares of stock receivable upon the exercise of
this Warrant to exceed the amount payable therefor upon such exercise, (b) will
take all such action as may be necessary or appropriate in order that the
Company may validly and legally issue fully paid and nonassessable shares of
stock on the exercise of the Warrants from time to time outstanding, (c) will
not issue any capital stock of any class which is preferred as to dividends or
as to the distribution of assets upon voluntary or involuntary dissolution,
liquidation or winding-up, unless the rights of the holders thereof shall be
limited to a fixed sum or percentage of par value or a sum determined by
reference to a formula based on a published index of interest rates, an interest
rate publicly announced by a financial institution or a similar indicator of
interest rates in respect of participation in dividends and to a fixed sum or
percentage of par value in any such distribution of assets (provided however
that this item (c) shall not prevent the issuance of non-participating preferred
stock that is convertible into shares of Common Stock) and (d) will not issue
any Option or Convertible Security as to which the underlying shares of Common
Stock are not readily determinable upon the date of issuance.

                                      -15-
<PAGE>

                  9. Miscellaneous.

                  (a) Notices. All notices, demands, consents, requests,
instructions and other communications to be given or delivered or permitted
under or by reason of the provisions of this Warrant or in connection with the
transactions contemplated hereby shall be in writing and shall be deemed to be
delivered and received by the intended recipient as follows: (a) if personally
delivered, on the Business Day of such delivery (as evidenced by the receipt of
the personal delivery service), (b) if mailed certified or registered mail
return receipt requested, four (4) Business Days after being mailed, (c) if
delivered by overnight courier (with all charges having been prepaid), on the
Business Day of such delivery (as evidenced by the receipt of the overnight
courier service of recognized standing), or (d) if delivered by facsimile
transmission, on the Business Day of such delivery if sent by 6:00 p.m. in the
time zone of the recipient, or if sent after that time, on the next succeeding
Business Day (as evidenced by the printed confirmation of delivery generated by
the sending party's facsimile machine). If any notice, demand, consent, request,
instruction or other communication cannot be delivered because of a changed
address of which no notice was given (in accordance with this Section 9(a)), or
the refusal to accept same, the notice, demand, consent, request, instruction or
other communication shall be deemed received on the second Business Day the
notice is sent (as evidenced by a sworn affidavit of the sender). All such
notices, demands, consents, requests, instructions and other communications will
be sent to the following addresses or facsimile numbers as applicable:

               If to the Company:

                  444 Madison Avenue
                  Suite 601
                  New York, New York 10022
                  Attention:     Mr. Richard A. Bernstein,
                                 Chairman
                  Facsimile:     (212) 888-5025

                  with copies to:

                  444 Madison Avenue
                  Suite 601
                  New York, New York 10022
                  Attention:     James A. Cohen, Esq.
                                 Senior Vice President - Legal Affairs
                  Facsimile:     (212) 888-5025

                  and:

                                      -16-
<PAGE>

                  Jenkens & Gilchrist Parker Chapin LLP
                  The Chrysler Building
                  405 Lexington Avenue
                  New York, New York 10174
                  Attention:  Martin Eric Weisberg, Esq.
                  Facsimile:     (212) 704-6288

                  If to the Securityholder, to the address set forth with the
                  Securityholder's signature on the signature pages to the
                  Securityholders Agreement.

or to such other address as any party may specify by notice given to the other
party in accordance with this Section 9(a).

                  (b) Governing Law; Jurisdiction. This Warrant shall be
governed by and construed in accordance with the laws of the State of Delaware
applicable to agreements made and to be performed in that state, without regard
to any of its principles of conflicts of laws or other laws which would result
in the application of the laws of another jurisdiction. This Warrant shall be
construed and interpreted without regard to any presumption against the party
causing this Warrant to be drafted. Each of the parties unconditionally and
irrevocably consents to the exclusive jurisdiction of the courts of the State of
New York and the federal district court for the Southern District of New York
with respect to any suit, action or proceeding arising out of or relating to
this Warrant or the transactions contemplated hereby, and each of the parties
hereby unconditionally and irrevocably waives any objection to venue in any such
court or to assert that any such court is an inconvenient forum, and agrees that
service of any summons, complaint, notice or other process relating to such
suit, action or other proceeding may be effected in the manner provided in
Section 9(a). Each of the parties hereby unconditionally and irrevocably waives
the right to a trial by jury in any such action, suit or other proceeding.

                  (c) Assignment. Assignment of this Warrant without compliance
with certain provisions of the Securityholders Agreement may result in the loss
of rights under the Securityholders Agreement and under the Registration Rights
Agreement entered into in connection therewith (the "Registration Rights
Agreement"). This Warrant shall be binding upon and shall inure to the benefit
of the parties hereto and their respective successors and permitted assigns.

                  (d) Headings. The section headings contained in this Warrant
are inserted for reference purposes only and shall not affect in any way the
meaning, construction or interpretation of this Warrant. Any reference to the
masculine, feminine, or neuter gender shall be a reference to such other gender
as is appropriate. References to the singular shall include the plural and vice
versa. Nothing herein is intended or shall be construed to confer upon or give
to any person, other than the parties hereto, any rights, privileges or remedies
under or by reason of this Warrant.

                                      -17-
<PAGE>

                  (e) Severability. Should any provision of this Warrant be held
to be invalid, illegal or unenforceable by any court of competent jurisdiction,
that holding shall be effective only to the extent of such invalidity, illegally
or unenforceability without invalidating or rendering illegal or unenforceable
the remaining provisions hereof, and any such invalidity, illegally or
unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction. It is the intent of the
parties that this Warrant be enforced to the fullest extent permitted by
applicable law.

                                      -18-
<PAGE>

                  (f) Entire Agreement. This Warrant, and the Securityholders
Agreement and the Registration Rights Agreement, contain the entire
understanding and agreement of the parties relating to the subject matter hereof
and supersede all prior and/or contemporaneous understandings and agreements of
any kind and nature (whether written or oral) among the parties with respect to
such subject matter, all of which are merged herein.

                                      R.A.B. HOLDINGS, INC.

                                      By:____________________________
                                            Name:   Steven M. Grossman
                                            Title:  Executive Vice President

                                      -19-
<PAGE>

                               NOTICE OF EXERCISE

To:      R.A.B. Holdings, Inc.

                  The undersigned hereby elects to acquire _______ shares of
Common Stock of R.A.B. Holdings, Inc. (the "Company") pursuant to the terms of
the attached Warrant, and tenders herewith payment of the purchase price for
such shares in full.

                  ___ Attached is a check payable to the Company for the total
Exercise Price of the shares being purchased; or

         ___ The holder elects to exercise this Warrant by way of the conversion
method provided in Section 2(c) of this Warrant; the number of shares specified
above shall be reduced in accordance with the formula set forth in Section 2(c)
of the Warrant.

                  Please issue a certificate or certificates representing said
shares of Common Stock in the name of the undersigned or in such other name as
is specified below:

                              ---------------------

                  Please issue a new Warrant for the unexercised portion of the
attached Warrant in the name of the undersigned or in such other name as is
specified below:

                              ---------------------

                                         ------------------------------
                                         (Signature)

                                         -----------------------------
                                         (Print or type name)

Dated ________________________

<PAGE>

                                 ASSIGNMENT FORM

To:      R.A.B. Holdings, Inc.

         FOR VALUE RECEIVED, the undersigned registered owner of this Warrant
hereby sells, assigns and transfers unto the assignee named below all of the
rights of the undersigned under the within Warrant, with respect to the number
of shares of Common Stock set forth below:

                  Name of the assignee: _________________

                  Address of the assignee: _______________

                  Number of Shares: ___________________

And does hereby irrevocably constitute and appoint ________________________, as
the undersigned's attorney to make such transfer on the books of R.A.B.
Holdings, Inc. maintained for the purpose, with full power of substitution in
the premises.

Dated: ____________

Signature of holder:                        ______________________

         The undersigned Assignee represents that any shares of stock to be
issued upon exercise hereof or conversion hereof will be acquired for investment
and that the Assignee will not offer, sell or otherwise dispose of this Warrant
or any shares of stock to be issued upon exercise hereof or conversion thereof
except under circumstances which will not result in a violation of the
Securities Act of 1933, as amended, or any state securities laws. Further, the
Assignee has acknowledged that upon exercise of this Warrant, the Assignee
shall, if requested by the Company, confirm in writing, in a form satisfactory
to the Company, that the shares of stock so purchased are being acquired for
investment and not with a view toward distribution or resale.

Dated: ____________

Signature of Assignee:              ______________________<PAGE>

                                                                    Exhibit 4.11

                            SECURITYHOLDERS AGREEMENT

               SECURITYHOLDERS AGREEMENT dated as of May 1, 2002 (this
"Agreement") by and among R.A.B. HOLDINGS, INC., a Delaware corporation (the
"Company"), Richard A. Bernstein (the "Principal Stockholder") and each of the
persons and entities executing a signature page hereto (each a "Securityholder"
and collectively, the "Securityholders").

               Each of the Securityholders owns certain notes issued by the
Company under that certain Indenture dated as of May 1, 1998 (the "1998
Indenture"), by and between the Company and JPMorgan Chase Bank (as
successor-in-interest to PNC Bank, National Association), as trustee (the
"Trustee"). Each of the Securityholders is concurrently herewith executing and
delivering a consent to amendment and letter of transmittal (collectively, the
"Consents") with respect to the amendment to certain terms and provisions of the
1998 Indenture to be evidenced in an Amended and Restated Indenture dated as of
May 1, 2002 (the "Amended and Restated Indenture") by and between the Company
and the Trustee. The Principal Stockholder owns a greater number of shares of
the Company's common stock, par value $.01 per share (the "Common Stock"), than
any other single stockholder of the Company.

               In connection with the Consents, the Company has agreed to issue
to the Securityholders Warrants (as such term is hereinafter defined) to
purchase shares of the Common Stock. In addition, the Company, the Principal
Stockholder and the Securityholders desire to promote their mutual interests by
providing certain rights and restrictions with respect to the Warrants and the
shares of Common Stock issuable upon exercise of the Warrants (the "Warrant
Shares" and, together with the Warrants, the "Securities"), all upon the terms,
provisions and conditions set forth in this Agreement. Certain capitalized terms
used herein are defined in Section 11 of this Agreement.

               NOW THEREFORE, for good and valuable consideration, the receipt
and legal adequacy of which are hereby acknowledged by the parties, the parties
hereby agree as follows:

                  1. Issuance of Warrants; Registration Rights Agreement.

                  (a) Based upon the representations and warranties of each of
the Securityholders set forth in Section 9 hereof, the Company hereby issues to
each Securityholder a Warrant substantially in the form of Exhibit A attached
hereto (each, a "Warrant") to purchase the number of shares of Common Stock set
forth opposite such Securityholder's name on Exhibit B.

                  (b) Simultaneously with the execution and delivery of this
Agreement, the Company and the Securityholders are executing and delivering a
Registration Rights Agreement in the form of Exhibit C hereto (the "Registration
Rights Agreement"), with respect to the registration of the shares of Common
Stock issuable upon exercise of the Warrants.

<PAGE>

                  2. Certain Rights to Cause Sale of Securities.

                  (a) If at any time the holders of a majority-in-interest of
the issued and outstanding shares of Common Stock (the "Controlling
Stockholders") determine to Transfer (as such term is hereinafter defined) all
or no less than a majority of their shares of Common Stock, in an arms-length
transaction to any Person that is not an Affiliate, whether such Transfer
involves a sale, merger, consolidation, tender offer, reorganization,
recapitalization or other transaction resulting in any Transfer of shares of
Common Stock (each, a "Sale Transaction"), such Controlling Stockholders shall
have the right (exercisable by the giving of notice to the Company of the
exercise of such right), but not the obligation, to require each Securityholder
hereunder to also Transfer in the Sale Transaction the same percentage of such
Securityholder's Securities as the percentage of shares of Common Stock owned by
the Controlling Stockholders that are to be Transferred in the Sale Transaction,
free and clear of all claims, liens, voting rights, voting agreements, voting
trusts, security interests, pledges, equitable interests, options or any other
encumbrances or other third party rights of any nature whatsoever (collectively,
the "Liens"), provided however, that each Securityholder shall receive the same
consideration on a common-share equivalent basis in such Sale Transaction as the
Controlling Stockholders receive for each share of Common Stock in the Sale
Transaction. Upon exercise of the right granted by this Section 2(a), the
Securityholders shall be irrevocably bound to Transfer their Securities in the
Sale Transaction in accordance with this Section 2(a).

                  (b) If the Controlling Stockholders exercise their right
pursuant to Section 2(a) by giving the Company written notice of such exercise,
the Company shall deliver to each Securityholder written notice of such exercise
at least 20 days prior to the proposed date of the Sale Transaction. The notice
to the Securityholders shall set forth a reasonably detailed description of the
Sale Transaction, the consideration to be received, the documents to be
exercised by the Securityholders and the anticipated closing date of the Sale
Transaction.

                  (c) As to any of the Securityholders that are selling Warrants
and not Warrant Shares in connection with any Sale Transaction, the Company
shall have the right to make an appropriate reduction to the consideration to be
received by such Securityholder in an amount equal to the aggregate exercise
price of such Warrants.

                  (d) In the event of a proposed Transfer of Common Stock of the
Company as described in Section 2(a), each Securityholder shall in all events be
required to deliver legal and beneficial ownership of the Securityholders'
Securities to the buyer at the closing of the Sale Transaction contemplated in
this Section 2 regardless of whether there is any dispute between the Company
and the Securityholder (including any dispute relating to the amount of
consideration to be received by the Securityholder in the Sale Transaction,
which dispute shall be resolved after the closing of the Sale Transaction).

                                      -2-
<PAGE>

                  (e) In connection with any Sale Transaction, each
Securityholder shall timely execute and deliver all documents, instruments and
certificates (including, without limitation, certificates representing the
Warrants or the Warrant Shares and duly executed stock powers, if applicable) as
the Company may request.

                  (f) The parties hereto agree to cooperate fully with each of
the other parties hereto and to take such actions as shall be reasonably
requested by any other party hereto in order to effectuate the Sale Transaction.
Each of the Controlling Stockholders, whether or not a party to this Agreement,
shall be an intended third party beneficiary of this Section 2 and shall be
entitled to enforce the terms of this Section 2 directly against each of the
Securityholders party hereto.

                  3. Tag-Along Rights.

                  (a) Until the Put/Call Effective Date (as defined in Section
11), prior to any proposed sale by the Company or (except as set forth in
Section 3(b)) by the Principal Stockholder or any Permitted Principal
Stockholder Transferee (as defined in this Section 3(a)) (a "Prospective
Seller") of shares of Common Stock or securities representing the right to
acquire Common Stock, other than Excluded Transfers (as defined in Section 11),
the Prospective Seller shall cause each Securityholder to be given notice of the
proposed transaction (the "Notice of Proposed Issuance"). The Notice of Proposed
Issuance shall constitute a right on behalf of each Securityholder to sell to
the proposed purchaser (and the Prospective Seller shall cause the proposed
purchaser to honor and fulfill that right), at the same time as the Prospective
Seller and (except as set forth below) upon the same terms and conditions as the
Prospective Seller is selling shares of Common Stock to the purchaser, the
Warrant (or portion thereof) or a number of Warrant Shares, or any combination
thereof, then owned by the Securityholder, representing in the aggregate a
number of shares of Common Stock (or the right under the Warrant to purchase
shares of Common Stock, as applicable) in the aggregate equal to the product of
(i) the number of shares proposed to be sold by the Prospective Seller and (ii)
a fraction, of which the numerator is the sum of the number of Warrant Shares
then beneficially owned by the Securityholder and the number of Warrant Shares
then purchasable by the Securityholder pursuant to the unexercised portion of
the Warrant owned by the Securityholder and the denominator is the sum of (A)
the number of all shares of Common Stock then outstanding and (B) the sum of the
number of Warrant Shares then beneficially owned by the Securityholder and the
number of Warrant Shares then purchasable by the Securityholder. The purchaser
shall be entitled to make an appropriate reduction for the aggregate exercise
price of any Warrant or portion thereof sold by a Securityholder pursuant to
this Section 3(a).

                  (b) The foregoing notwithstanding, the Principal Stockholder
shall not be required to give a Notice of Proposed Issuance with respect to, and
this Section 3 shall not apply to, the Transfer (in one or more transactions) of
shares of Common Stock by the Principal Stockholder representing in the
aggregate not more than 10% of the number of shares of Common Stock owned by the
Principal Stockholder on the date hereof (adjusted appropriately for stock
splits, stock dividends and other changes in the capital stock of the Company).
In addition, the Principal Stockholder may Transfer (inter vivos or
testamentary) all or part of his shares of Common Stock to the Company, to his
spouse, children, parents, brothers or sisters, nieces and nephews, the spouse
of any of his children, or a trust for the sole benefit of the Principal
Stockholder or any of such persons, to any Affiliate, or to a guardian for the
Principal Stockholder if he becomes disabled (a "Permitted Principal Stockholder
Transferee"); provided that in each of the foregoing cases such shares shall
remain subject to this Agreement and the transferee shall execute and deliver a
undertaking to be bound by the terms of this Agreement to the same extent as the
Principal Stockholder.

                                      -3-
<PAGE>

                  (c) Each Securityholder's option under Section 3(a) shall be
exercisable by written notice given by the Securityholder to the Prospective
Seller within fifteen (15) days after the date of delivery of the Notice of
Proposed Issuance. The notice shall specify the number of Warrant Shares and the
number of Warrant Shares purchasable pursuant to the Warrant proposed to be sold
to the purchaser by the Securityholder that the Securityholder desires to sell.
The Prospective Seller may consummate the proposed Transfer (including any
Transfers by electing Securityholders pursuant to this Section 3) at any time
within one hundred eighty (180) days after delivery of the Notice of Proposed
Issuance, at a price and on other material terms and conditions no less
favorable to the Prospective Seller than as set forth in the Notice of Proposed
Issuance. If the Transfer is not consummated within that one hundred eighty
(180) -day period, such proposed Transfer shall again be subject to the
restrictions and procedures set forth in this Section 3.

                  (d) In connection with the consummation of the proposed
Transfer pursuant to this Section 3, each Securityholder participating in such
Transfer shall execute and deliver all documents, instruments and certificates
(including, without limitation, certificates representing the Warrants or the
Warrant Shares and duly executed stock powers, if applicable) as the Prospective
Seller may reasonably request.

                  4. Put Right.

                  (a) Provided no default or event of default exists under, or
would occur or would be deemed to occur as a result of the redemption set forth
below in this Section 4 under any of the documents, instruments or agreements
evidencing bank or other institutional indebtedness of the Company, whether such
indebtedness is outstanding on the date hereof or incurred hereafter, at any
time after the Put/Call Effective Date, each Securityholder shall have the
option, exercisable by written notice to the Company (a "Put Notice"), to
require the Company to purchase all or any portion of the Securities then held
by such Securityholder.

                  (b) The Company shall, within sixty (60) days after receipt of
a Put Notice, redeem the Securities with respect to which such request has been
made by paying to the Securityholder an amount of cash equal to the sum of (i)
an amount equal to the Fair Market Value at the close of business on the date of
the Put Notice multiplied by the number of outstanding Warrant Shares then owned
by the Securityholder and (ii) for each Warrant or portion thereof, an amount
equal to the excess of (A) the product of the number of Warrant Shares then
purchasable pursuant to the Warrant or portion thereof and the Fair Market Value
on the date of the Put Notice over (B) the product of the number of Warrant
Shares then purchasable pursuant to the Warrant or portion thereof and the
exercise price per share under the Warrant.

                                      -4-
<PAGE>

                  (c) In connection with the consummation of any purchase
pursuant to any Put Notice, each Securityholder shall timely execute and deliver
all documents, instruments and certificates (including, without limitation,
certificates representing the Warrants or the Warrant Shares and duly executed
stock powers, if applicable) as the Company may reasonably request.

                  5. Call Right.

                  (a) At any time after the Put/Call Effective Date, the Company
shall have the option, exercisable by written notice to a Securityholder (the
"Call Notice"), to require any Securityholder sell to the Company all or any
portion of the Securities then held by the Securityholder as specified by the
Company in the Call Notice. Any Call Notice furnished by the Company shall be
sent to all of the Securityholders. Any Call Notice that is for fewer than all
of the outstanding Warrant Shares and all of the outstanding Warrants shall
apply pro rata to the Securityholders on a common share equivalent basis.

                  (b) Upon receipt of a Call Notice, each Securityholder shall,
on the date specified in the Call Notice (which shall not be less than thirty
(30) days after the date of the Call Notice), sell to the Company the Securities
held by such Securityholder with respect to which such request has been made,
free and clear of all Liens, upon payment to the Securityholder by the Company
of an amount of cash equal to the sum of (i) an amount equal to the Fair Market
Value at the close of business on the date of the Call Notice multiplied by the
number of outstanding Warrant Shares then owned by the Securityholder, and (ii)
for each Warrant or portion thereof, an amount equal to the excess of (A) the
product of the number of Warrant Shares then purchasable pursuant to the Warrant
or portion thereof and the Fair Market Value on the date the request is
delivered to the Company over (B) the product of the number of Warrant Shares
then purchasable pursuant to the Warrant or portion thereof and the exercise
price per share under the Warrants.

                  (c) In connection with the consummation of the proposed
Transfer pursuant to this Section 5, each Securityholder participating in such
Transfer shall execute and deliver all documents, instruments and certificates
(including, without limitation, certificates representing the Warrants or the
Warrant Shares and duly executed stock powers, if applicable) as the Company may
reasonably request.

                  6. Legend on Certificates. Each Warrant shall have indorsed in
writing, stamped or printed, upon the back thereof, the following legends (or
legends of similar effect):

                  THIS WARRANT AND ANY SECURITIES ISSUABLE UPON THE EXERCISE OF
                  THIS WARRANT ARE SUBJECT TO THE PROVISIONS (INCLUDING TRANSFER
                  RESTRICTIONS) OF A SECURITYHOLDERS AGREEMENT DATED AS OF MAY
                  1, 2002 (THE "AGREEMENT') BY AND AMONG R.A.B. HOLDINGS, INC.,
                  A DELAWARE CORPORATION (THE "COMPANY"), AND THE OTHER
                  SIGNATORIES THERETO. A COPY OF THE AGREEMENT, AS IT MAY BE
                  AMENDED FROM TIME TO TIME, IS MAINTAINED WITH THE CORPORATE
                  RECORDS OF THE COMPANY AND IS AVAILABLE FOR INSPECTION AT THE
                  PRINCIPAL OFFICE OF THE COMPANY, 444 MADISON AVENUE, SUITE
                  601, NEW YORK, NEW YORK 10022.

                                      -5-
<PAGE>

                  THIS WARRANT HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT
                  OF 1933, AS AMENDED (THE "ACT"), OR UNDER ANY STATE SECURITIES
                  OR "BLUE SKY" LAWS, AND MUST BE HELD INDEFINITELY, AND MAY NOT
                  BE SOLD, TRANSFERRED, ASSIGNED, PLEDGED, HYPOTHECATED, GIFTED
                  OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE
                  REGISTRATION UNDER THE ACT COVERING THE TRANSFER OF THE
                  SECURITIES OR AN OPINION OF COUNSEL, IN FORM, SUBSTANCE AND
                  SCOPE ACCEPTABLE TO THE COMPANY AND WHICH COUNSEL SHALL BE
                  ACCEPTABLE TO THE COMPANY, THAT REGISTRATION UNDER THE ACT IS
                  NOT REQUIRED.

               And each certificate representing Warrant Shares shall have
indorsed in writing, stamped or printed, upon the back thereof, the following
legends (or legends of similar effect):

                  THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE
                  PROVISIONS (INCLUDING TRANSFER RESTRICTIONS) OF A
                  SECURITYHOLDERS AGREEMENT DATED AS OF MAY 1, 2002 (THE
                  "AGREEMENT') BY AND AMONG R.A.B. HOLDINGS, INC., A DELAWARE
                  CORPORATION (THE "COMPANY"), AND THE OTHER SIGNATORIES
                  THERETO. A COPY OF THE AGREEMENT, AS IT MAY BE AMENDED FROM
                  TIME TO TIME, IS MAINTAINED WITH THE CORPORATE RECORDS OF THE
                  COMPANY AND IS AVAILABLE FOR INSPECTION AT THE PRINCIPAL
                  OFFICE OF THE COMPANY, 444 MADISON AVENUE, SUITE 601, NEW
                  YORK, NEW YORK 10022.

                  THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
                  REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
                  "ACT"), OR UNDER ANY STATE SECURITIES OR "BLUE SKY" LAWS, AND
                  MUST BE HELD INDEFINITELY, AND MAY NOT BE SOLD, TRANSFERRED,
                  ASSIGNED, PLEDGED, HYPOTHECATED, GIFTED OR OTHERWISE DISPOSED
                  OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION UNDER THE ACT
                  COVERING THE TRANSFER OF THE SHARES OR AN OPINION OF COUNSEL,
                  IN FORM, SUBSTANCE AND SCOPE ACCEPTABLE TO THE COMPANY AND
                  WHICH COUNSEL SHALL BE ACCEPTABLE TO THE COMPANY, THAT
                  REGISTRATION UNDER THE ACT IS NOT REQUIRED.

                                      -6-
<PAGE>

                  7. Termination; Exclusion. Notwithstanding anything to the
contrary set forth herein, this Agreement shall automatically and without
further action terminate at such time as the Company shall consummate an
underwritten public offering of its Common Stock resulting in at least
$25,000,000 in net proceeds to the Company under which the Company registers and
sells shares of Common Stock for its own account, pursuant to a registration
statement that has been filed under the Securities Act of 1933, as amended (the
"Act"), and declared effective by the Securities and Exchange Commission. This
Agreement shall automatically terminate and be of no further force or effect
with respect to any Securityholder who does not hold any Warrants and who is no
longer the beneficial owner of any Warrant Shares. The rights and obligations
under this Agreement shall not apply with respect to any Warrant (or any
underlying shares of Common Stock) held by any Person who is not one of the
original Securityholders under this Agreement unless the transferor and the
transferee execute and deliver a transfer and consent document in the form
attached hereto as Exhibit D pursuant to which, among other things, the
transferee agrees to be bound by the terms and provisions of this Agreement.

                  8. Representations and Warranties. The Company hereby
represents and warrants to the Securityholders as follows:

                  (a) The Company is a corporation duly organized, validly
existing and in good standing under the law of Delaware and has the requisite
corporate power and authority to own and operate its properties, to carry on its
business as now conducted, to enter into this Agreement and the Registration
Rights Agreement and to issue the Warrants and the Warrant Shares issuable upon
exercise of the Warrants.

                  (b) The Company has, by all necessary corporate action, duly
authorized the execution and delivery of this Agreement, the Registration Rights
Agreement and the Warrants, and the performance of its obligations hereunder and
thereunder (including, without limitation, the issuance and sale of the Warrant
Shares issuable upon exercise of the Warrants).

                  (c) Each of this Agreement, the Registration Rights Agreement
and the Warrants has been duly executed and delivered by the Company and
constitutes a valid and binding obligation of the Company, enforceable against
the Company in accordance with its terms.

                                      -7-
<PAGE>

                  (d) The execution and delivery by the Company of this
Agreement, the Registration Rights Agreement and the Warrants and the
performance by the Company of its obligations hereunder and thereunder will not
(a) violate any statute, regulation, rule, injunction, judgment, order, decree,
ruling, charge, or other restriction of any government, governmental agency, or
court to which the Company is subject or any provision of the certificate of
incorporation or by-laws of the Company or (b) result in a breach of, constitute
a default under, result in the acceleration of, create in any party the right to
accelerate, terminate, modify, or cancel, or require any consent or notice under
any material agreement, contract, lease, license, instrument, or other
arrangement to which the Company is a party or by which the Company is bound or
to which a material portion of its assets are subject (or result in the
imposition of any Lien upon a material portion of its assets).

                  (e) The authorized capital stock of the Company is as follows:
(i) there are 1,000,000 authorized shares of Common Stock, of which 104,500 are
issued and outstanding (excluding 600 shares held in the Company's treasury);
(ii) there are 100,000 authorized shares of preferred stock, without par value,
of which (A) 25,000 shares have been designated Series A Preferred Stock and
24,875 shares of Series A Preferred Stock are issued and outstanding; and (B)
1,000 shares have been designated Series B Preferred Stock and 1,000 shares of
Series B Preferred Stock are issued and outstanding and (iii) except as provided
in item (i) above, the Company holds no shares of Common Stock or any other
class or series of capital stock in its treasury. The Company has reserved 5,500
shares of Common Stock for issuance upon exercise of the Warrants.

                  (f) No registration or filing with, or consent or approval of,
or other action by, any federal, state or other governmental agency or
instrumentality is or will be necessary for the valid execution, delivery and
performance by the Company of this Agreement, the Registration Rights Agreement
or the Warrant or, upon exercise of any Warrant, the issuance of the Warrant
Shares.

                  (g) Except for the Shares of Common Stock issuable pursuant to
the shares of Series A Preferred Stock and pursuant to the shares of Series B
Preferred Stock referred to in Section 8(e), the Company has not granted or
issued, or agreed to grant or issue, any securities convertible into shares of
Common Stock and the Company has not granted or issued or agreed to grant or
issue any options, warrants or similar rights to acquire or receive any of the
authorized but unissued shares of Common Stock.

                  (h) Upon issuance following the exercise of the Warrants as
contemplated therein, the Warrant Shares will have been duly authorized and
validly issued, and will be fully paid and non-assessable.

                  (i) To the knowledge of the Company, without any
investigation, none of the Principal Stockholder, trusts for the benefit of the
Principal Stockholder and/or members of his immediate family, any subsidiary of
the Company, any executive officer or director of the Company or any of its
subsidiaries, any family member of the any of the foregoing or any Affiliate of
any of the foregoing holds any direct or indirect interest in the 13% Senior
Notes due 2008 of the Company originally issued by the Company under the 1998
Indenture, economic, beneficial or otherwise, including, without limitation, any
participation in such notes.

                                      -8-
<PAGE>

                  9. Representations and Warranties of the Securityholders. Each
of the Securityholders hereby represents and warrants to the Company that:

                  (a) The Securityholder is a duly organized and validly
existing entity in good standing under the law of the jurisdiction of its
organization and has the requisite power and authority to own and operate its
properties, to carry on its business as now conducted and to enter into this
Agreement and the Registration Rights Agreement, or, if a natural Person, such
Securityholder has the legal capacity to enter into this Agreement and the
Registration Rights Agreement.

                  (b) The Securityholder has, by all necessary action, duly
authorized the execution and delivery of each of this Agreement and the
Registration Rights Agreement and the performance of its obligations hereunder
and thereunder

                  (c) Each of this Agreement and the Registration Rights
Agreement has been duly executed and delivered by the Securityholder and
constitutes a valid and binding obligation of the Securityholder, enforceable
against the Securityholder in accordance with its terms.

                  (d) The execution and delivery by the Securityholder of this
Agreement, the Registration Rights Agreement and the Consent to Amendment and
Letter of Transmittal (with respect to the amendment to the Indenture dated as
of May 1, 1998 by and between the Company and JPMorgan Chase Bank, as trustee)
and the performance by the Securityholder of its obligations hereunder and
thereunder will not (a) violate any statute, regulation, rule, injunction,
judgment, order, decree, ruling, charge, or other restriction of any government,
governmental agency, or court to which the Securityholder is subject or any
provision of the certificate of incorporation or by-laws or similar
organizational documents of the Securityholder or (b) result in a breach of,
constitute a default under, result in the acceleration of, create in any party
the right to accelerate, terminate, modify, or cancel, or require any consent or
notice under any material agreement, contract, lease, license, instrument, or
other arrangement to which the Securityholder is a party or by which the
Securityholder is bound or to which a material portion of its assets are subject
(or result in the imposition of any Lien upon a material portion of its assets).

                  (e) No registration or filing with, or consent or approval of,
or other action by, any federal, state or other governmental agency or
instrumentality is or will be necessary for the valid execution, delivery and
performance by the Securityholder of this Agreement or the Registration Rights
Agreement in connection with such Securityholder's acquisition of the
Securities.

                  (f) The Securityholder is an "accredited investor" (as defined
in Rule 501(a)(1), (2), (3) or (7) of Regulation D promulgated under the Act)
and has such knowledge and experience in financial and business matters as to be
capable of evaluating the merits and risks of its investment in the Securities,
and is able to bear the economic risk of its investment for an indefinite
period, and, at the present time, is able to afford a complete loss of such
investment.

                                      -9-
<PAGE>

                  (g) The Securityholder is acquiring the Securities for its own
account (and not as part of any group, partnership or syndicate) for the purpose
of investment and not with a view to, or for sale in connection with, any
distribution thereof in violation of the Act. The Securityholder further
represents that it understands that (i) the Securities have not been registered
under the Act, (ii) the Securities may not be Transferred unless they are
registered under the Act or an exemption from such registration is available, in
each case, in accordance with any applicable securities or "Blue Sky" laws of
any state, (iii) the Securities will bear a legend or contain language to such
effect as contemplated in this Agreement and (iv) the Company will make a
notation on its transfer books to such effect.

                  (h) The Securityholder has not entered into any agreement,
arrangement or any other understanding with any broker in connection with the
transactions contemplated hereby.

                  10. Representations and Warranties of the Prinicpal
Stockholder. The Principal Stockholder hereby represents and warrants to the
Securityholders and the Company that:

                  (a) This Agreement has been duly executed and delivered by the
Principal Stockholder and constitutes a valid and binding obligation of the
Principal Stockholder, enforceable against the Principal Stockholder in
accordance with its terms.

                  (b) The execution and delivery by the Principal Stockholder of
this Agreement and the performance by the Principal Stockholder of his
obligations hereunder will not (a) violate any statute, regulation, rule,
injunction, judgment, order, decree, ruling, charge, or other restriction of any
government, governmental agency, or court to which the Principal Stockholder is
subject or (b) result in a breach of, constitute a default under, result in the
acceleration of, create in any party the right to accelerate, terminate, modify,
or cancel, or require any consent or notice under any material agreement,
contract, lease, license, instrument, or other arrangement to which the
Principal Stockholder is a party or by which the Principal Stockholder is bound
or to which a material portion of his assets are subject (or result in the
imposition of any Lien upon a material portion of his assets).

                  (c) No registration or filing with, or consent or approval of,
or other action by, any federal, state or other governmental agency or
instrumentality is or will be necessary for the valid execution, delivery and
performance by the Principal Stockholder of this Agreement.

                  (d) None of the Principal Stockholder, trusts for the benefit
of the Principal Stockholder and/or members of his immediate family, or any
Affiliate of any of the foregoing, holds any direct or indirect interest in the
13% Senior Notes due 2008 of the Company originally issued by the Company under
the 1998 Indenture, economic, beneficial or otherwise, including, without
limitation, any participation in such notes.

                                      -10-
<PAGE>

                  11. Definitions.

                  (a) "Affiliate" shall mean, with respect to the Company or any
of its Subsidiaries (or any other specified Person), any other Person which,
directly or indirectly controls or is controlled by or is under direct or
indirect common control with the Company or such Subsidiary (or such specified
Person), and, without limiting the generality of the foregoing, shall include
(a) any Person which beneficially owns or holds 10% of more of any class of
voting securities of such Person or 10% or more of the equity interest in such
Person, (b) any Person of which such Person beneficially owns or holds 10% or
more of any class of voting securities or in which such Person beneficially owns
or holds 10% or more of the equity interest in such Person and (c) any director
or executive officer of such Person. For the purposes of this definition, the
term "control" (including, with correlative meanings, the terms "controlled by"
and "under common control with"), as used with respect to any Person, means the
possession, directly or indirectly, of the power to direct or cause the
direction of the management and policies of such Person, whether through the
ownership of voting securities or by contract or otherwise.

                  (b) "Business Day" shall mean a day other than a Saturday, a
Sunday or a day on which banking institutions in the State of New York are
authorized or obligated by law or executive order to close.

                  (c) "Excluded Transfers" shall mean any sale or issuance of an
equity security or securities by the Company:

                           (i) upon the exercise or conversion of securities
         issued pursuant to any Excluded Transfers;

                           (ii) pursuant to the terms of any security that is
         outstanding on the date hereof, including but not limited to shares of
         the Company's Series A Preferred Stock or shares of the Company's
         Series B Preferred Stock;

                           (iii) to employees, officers, directors or
         consultants of the Company or any of its subsidiaries pursuant to any
         stock option plan, stock purchase plan, stock issuance plan or similar
         employee benefit plan or arrangement (each, an "Employee Equity Plan")
         that has been approved by the Board of Directors of the Company or a
         committee of the Board of Directors of the Company up to a number of
         shares of Common Stock that equal an aggregate of 4.5% of the shares of
         Common Stock outstanding on a Fully Diluted Basis on the date hereof
         (excluding the Warrants)(adjusted as appropriate as a result of stock
         dividends, stock splits, combinations of shares and similar capital
         transactions); provided that the foregoing 4.5% shall be in addition to
         any shares that are issued and outstanding on the date hereof (and
         subsequent repurchases and reissuances of such shares in connection
         with Employee Equity Plans);

                                      -11-
<PAGE>

                           (iv) in connection with mergers and acquisitions by
         the Company or any of its subsidiaries with any Person that is not an
         Affiliate of the Company or of the Principal Stockholder and that have
         been approved by the Board of Directors of the Company;

                           (v) pursuant to an underwritten public offering
         (subject to the Registration Rights Agreement dated as of May 1, 2002
         between the Company and the Securityholders);

                           (vi) in addition to the shares issued in transactions
         described in item (vii) below, in connection with any financing,
         refinancing, recapitalization, exchange offer, amendment or similar
         transaction (a "Refinancing") entered into by the Company or any of its
         subsidiaries with any bank, investment company, venture capital firm or
         other institutional lender, or with any other lenders or investors in
         the indebtedness of the Company or any subsidiary, in each case as
         approved by the Board of Directors of the Company up to an aggregate of
         2% of the shares of Common Stock outstanding on a Fully Diluted Basis
         on the date hereof (excluding the Warrants)(adjusted as appropriate as
         a result of stock dividends, stock splits, combinations of shares and
         similar capital transactions); and

                           (vii) in addition to the shares issued in
         transactions described in item (vi) above, in connection with any
         Refinancing entered into by the Company and/or R.A.B. Enterprises, Inc.
         ("Enterprises") with the holders of the 10.50% Senior Notes of
         Enterprises due 2005.

                  (d) "Fair Market Value" shall mean, as of any particular date
specified herein, the amount per share of Common Stock equal to the average of
the closing per share prices of the sales of the Common Stock on all securities
exchanges on which the Common Stock may at the time be listed, or if there have
been no sales on any such exchange on any day, the average of the highest bid
and lowest asked prices on all such exchanges at the end of such day, or, if on
any day the Common Stock is not so listed, the average of the representative bid
and asked per share prices quoted in the NASDAQ National Market System as of
4:00 p.m., New York time, or, if on any day the Common Stock is not quoted in
the NASDAQ National Market System, the average of the highest bid and lowest
asked per share prices on such day in the domestic over-the-counter market as
reported by the NASDAQ National Quotation Bureau, Incorporated, or any similar
successor organization, in each such case averaged over a period of 20 trading
days consisting of the day as of which the Fair Market Value is being determined
and the 19 consecutive trading days prior to such day. If at any time the Common
Stock is not so listed on any securities exchange or quoted in the NASDAQ
National Market System or the domestic over-the-counter market, the Fair Market
Value will be the fair value of the Common Stock as determined in good faith by
the Company's Board of Directors or the Company's Chief Financial Officer and
approved by the Company's Board of Directors on the basis of the Company's total
enterprise value without any increase for any control premium or any reduction
for minority interest.

                                      -12-
<PAGE>

                  (e) "Fully Diluted Basis" shall mean, in any calculation of a
number of shares of Common Stock, the number of such shares that would be
outstanding after issuances of all shares of Common Stock issuable in respect of
any and all securities convertible into, exercisable or exchangeable for, or
otherwise providing the right to acquire, shares of Common Stock; provided that
shares issuable pursuant to the Company's Series A or Series B Preferred Stock
shall not be included for this purpose.

                  (f) A "Person" shall mean a corporation, an association, a
partnership, an organization or business, an individual, a government or
political subdivision thereof or a governmental agency.

                  (g) "Put/Call Effective Date" shall mean the earliest to occur
of (i) April 30, 2010, (ii) the payment by the Company of all of the
indebtedness outstanding under the Amended and Restated Indenture, and (iii) the
sale of all or substantially all of the assets of the Company.

                  (h) "Transfer" shall mean any transaction pursuant to which
the holder of a security shall sell, assign, give, transfer, gift, convey or
otherwise dispose of a security or pledge, mortgage, grant a security interest
in, hypothecate or otherwise encumber such security or grant any option or other
interest in such security.

                  12. Miscellaneous.

                  (a) Expenses. Except as otherwise expressly provided in this
Agreement, each party hereto shall pay its own costs and expenses incurred in
connection with or incidental to the preparation and negotiation of this
Agreement, the carrying out of the provisions of this Agreement and the
consummation of the transactions contemplated hereby (including, without
limitation, attorneys' fees and expenses). The foregoing notwithstanding, the
Company shall pay the reasonable fees of and expenses incurred by the law firm
Ropes & Gray in its capacity as counsel to the Securityholders in connection
with the preparation and negotiation of this Agreement and the other documents
and agreements contemplated hereby, up to a maximum of $37,500.

                  (b) Amendment. This Agreement may not be modified, amended,
altered or supplemented, except by a written agreement executed by each of the
parties hereto.

                  (c) Entire Agreement. This Agreement, the Warrants and the
Registration Rights Agreement contain the entire understanding and agreement of
the parties relating to the subject matter hereof and supersedes all prior
and/or contemporaneous understandings and agreements of any kind and nature
(whether written or oral) among the parties with respect to such subject matter,
all of which are merged herein.

                                      -13-
<PAGE>

                  (d) Waiver. Any waiver by a party hereto of any breach of or
failure to comply with any provision or condition of this Agreement by any other
party hereto shall not be construed as, or constitute, a continuing waiver of
such provision or condition, or a waiver of any other breach of, or failure to
comply with, any other provision or condition of this Agreement, any such waiver
to be limited to the specific matter and instance for which it is given. No
waiver of any such breach or failure or of any provision or condition of this
Agreement shall be effective unless in a written instrument signed by the party
granting the waiver and delivered to the other party hereto in the manner
provided for hereunder in Section 12(e). No failure or delay by either party to
enforce or exercise its rights hereunder shall be deemed a waiver hereof, nor
shall any single or partial exercise of any such right or any abandonment or
discontinuance of steps to enforce such rights, preclude any other or further
exercise thereof or the exercise of any other right.

                  (e) Notices. All notices, demands, consents, requests,
instructions and other communications to be given or delivered or permitted
under or by reason of the provisions of this Agreement or in connection with the
transactions contemplated hereby shall be in writing and shall be deemed to be
delivered and received by the intended recipient as follows: (a) if personally
delivered, on the Business Day of such delivery (as evidenced by the receipt of
the personal delivery service), (b) if mailed certified or registered mail
return receipt requested, four (4) Business Days after being mailed, (c) if
delivered by overnight courier (with all charges having been prepaid), on the
Business Day of such delivery (as evidenced by the receipt of the overnight
courier service of recognized standing), or (d) if delivered by facsimile
transmission, on the Business Day of such delivery if sent by 6:00 p.m. in the
time zone of the recipient, or if sent after that time, on the next succeeding
Business Day (as evidenced by the printed confirmation of delivery generated by
the sending party's facsimile machine). If any notice, demand, consent, request,
instruction or other communication cannot be delivered because of a changed
address of which no notice was given (in accordance with this Section 12(e)), or
the refusal to accept same, the notice, demand, consent, request, instruction or
other communication shall be deemed received on the second Business Day the
notice is sent (as evidenced by a sworn affidavit of the sender). All such
notices, demands, consents, requests, instructions and other communications will
be sent to the following addresses or facsimile numbers as applicable:

                  If to the Company:

                  444 Madison Avenue
                  Suite 601
                  New York, New York  10022
                  Attention:  Mr. Richard A. Bernstein
                              Chairman
                  Facsimile:  (212) 888-5025

                                      -14-
<PAGE>

                  with copies to:

                  444 Madison Avenue
                  Suite 601
                  New York, New York 10022
                  Attention:  James A. Cohen, Esq.
                              Senior Vice President - Legal Affairs
                  Facsimile:  (212) 888-5025

                  and

                  Jenkens & Gilchrist Parker Chapin LLP
                  The Chrysler Building
                  405 Lexington Avenue
                  New York, New York 10174
                  Attention:  Martin Eric Weisberg, Esq.
                  Facsimile:  (212) 704-6288

                  If to the Securityholder, to the address set forth with the
                  Securityholder's signature on the signature pages hereto.

or to such other address as any party may specify by notice given to the other
party in accordance with this Section 12(e).

                  (f) Governing Law; Jurisdiction. This Agreement shall be
governed by and construed in accordance with the laws of the State of Delaware
applicable to agreements made and to be performed in that state, without regard
to any of its principles of conflicts of laws or other laws which would result
in the application of the laws of another jurisdiction. This Agreement shall be
construed and interpreted without regard to any presumption against the party
causing this Agreement to be drafted. Each of the parties unconditionally and
irrevocably consents to the exclusive jurisdiction of the courts of the State of
New York and the federal district court for the Southern District of New York
with respect to any suit, action or proceeding arising out of or relating to
this Agreement or the transactions contemplated hereby, and each of the parties
hereby unconditionally and irrevocably waives any objection to venue in any such
court or to assert that any such court is an inconvenient forum, and agrees that
service of any summons, complaint, notice or other process relating to such
suit, action or other proceeding may be effected in the manner provided in
Section 12(e). Each of the parties hereby unconditionally and irrevocably waives
the right to a trial by jury in any such action, suit or other proceeding.

                  (g) Severability. Should any provision of this Agreement be
held to be invalid, illegal or unenforceable by any court of competent
jurisdiction, that holding shall be effective only to the extent of such
invalidity, illegally or unenforceability without invalidating or rendering
illegal or unenforceable the remaining provisions hereof, and any such
invalidity, illegally or unenforceability in any jurisdiction shall not
invalidate or render unenforceable such provision in any other jurisdiction. It
is the intent of the parties that this Agreement be enforced to the fullest
extent permitted by applicable law.

                                      -15-
<PAGE>

                  (h) Assignment, etc. This Agreement and the rights and
obligations hereunder may not be assigned by any party hereto without the prior
written consent of the other parties hereto. This Agreement shall be binding
upon and shall inure to the benefit of the parties hereto and their respective
successors and permitted assigns. Except as contemplated by Section 2 hereof,
nothing herein is intended or shall be construed to confer upon or give to any
Person, other than the parties hereto, any rights, privileges or remedies under
or by reason of this Agreement.

                  (i) Headings. The section headings contained in this Agreement
are inserted for reference purposes only and shall not affect in any way the
meaning, construction or interpretation of this Agreement. Any reference to the
masculine, feminine, or neuter gender shall be a reference to such other gender
as is appropriate. References to the singular shall include the plural and vice
versa.

                                      -16-
<PAGE>

                  (j) Counterparts. This Agreement may be executed in two (2) or
more counterparts (including by facsimile signature, which shall constitute a
legal and valid signature), and by the different parties hereto in separate
counterparts, each of which when executed shall be deemed to be an original, and
all of which, when taken together, shall constitute one and the same document.
This Agreement shall become effective when one or more counterparts, taken
together, shall have been executed and delivered by all of the parties.

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

                                    R.A.B. HOLDINGS, INC.

                                    By: /s/ Steven M. Grossman
                                        --------------------------------
                                        Name: Steven M. Grossman
                                        Title:  Executive Vice President

                                    Richard A. Bernstein hereby executes this
                                    Securityholders Agreement in his capacity as
                                    Principal Stockholder (as defined herein)
                                    for purposes of Section 3 and Section 10
                                    only:

                                    /s/ Richard A. Bernstein
                                    ------------------------------------
                                    Richard A. Bernstein

                     [Securityholder Signature Pages Follow]

                                      -17-
<PAGE>

Dated as of May 1, 2002
                                 PUTNAM HIGH YIELD ADVANTAGE FUND

                                 PUTNAM HIGH YIELD TRUST

                                 PUTNAM VARIABLE TRUST-PUTNAM VT HIGH YIELD FUND

                                 PUTNAM FUNDS TRUST-PUTNAM HIGH YIELD TRUST II

                                 By: Putnam Investment Management, LLC

                                 By:
                                     --------------------------------
                                       Name:  John R. Verani
                                       Title: Senior Vice President
                                 Address of Securityholder:

                                 c/o High Yield Group
                                 One Post Office Square
                                 7th Floor or Mail Stop 7A
                                 Boston, Massachusetts 02109
                                 Attention: Ms. Christina L. Scully
                                 Facsimilie: 617-760-8639

                                 PUTNAM HIGH YIELD ADVANTAGE
                                 FUND I.R.S. I.D. # 06-6290063

                                 PUTNAM HIGH YIELD TRUST
                                 I.R.S. I.D. # 04-6415410

                                 PUTNAM VARIABLE TRUST-PUTNAM VT HIGH YIELD FUND
                                 I.R.S. I.D. # 04-2986135

                                 PUTNAM FUNDS TRUST-PUTNAM HIGH YIELD TRUST II
                                 I.R.S. I.D. # 04-6852657

                                      -18-
<PAGE>

                                                                       EXHIBIT A

                                 Form of Warrant

<PAGE>

                                                                       EXHIBIT B

                             List of Securityholders

           Name                                                 Warrant Shares
           ----                                                 --------------

Total

<PAGE>

                                                                       EXHIBIT C

                      Form of Registration Rights Agreement

<PAGE>

                                                                       EXHIBIT D

                              TRANSFER AND CONSENT

To:      R.A.B. Holdings, Inc.

         Reference is hereby made to that certain Securityholders Agreement
dated as of May 1, 2002 (the "Securityholders Agreement") by and among R.A.B.
Holdings, Inc., a Delaware corporation (the "Company"), and the other parties
signatory thereto. Capitalized terms used but not defined herein have the
meanings given them in the Securityholders Agreement.

         FOR VALUE RECEIVED, the undersigned, a "securityholder" under the
Securityholders Agreement, hereby sells, assigns and transfers unto the assignee
named below all of the rights of the undersigned under the Warrant and/or
Warrant Shares described below:

                  Name of the assignee: _____________________

                  Address of the assignee: __________________

                  Number of Shares
                  Purchasable under
                  Warrant being Assigned: ___________________

                  Number of Warrant
                  Shares Being Assigned: ____________________

And does hereby irrevocably constitute and appoint ________________________, as
the undersigned's attorney to make such transfer on the books of R.A.B.
Holdings, Inc. maintained for the purpose, with full power of substitution in
the premises.

Dated: ____________

Signature of Securityholder:                         ______________________

         The undersigned Assignee represents that the securities referred to
above will be acquired for investment and that the Assignee will not offer, sell
or otherwise dispose of such securities except under circumstances which will
not result in a violation of the Securities Act of 1933, as amended, or any
state securities laws.

<PAGE>

         The Assignee further agrees with the Company to be bound by all of the
terms, provisions and restrictions under the Securityholders Agreement that are
applicable to a Securityholders or to Warrants or Warrant Shares held by a
Securityholder and agrees to be treated for all purposes as a "Securityholder"
under the Securityholders Agreement.

Dated: ____________

Signature of Assignee:              ______________________

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00040-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00040-of-00352.parquet"}]]