Document:

Exhibit 4.2

         

        

         

        Talisman Energy Inc. (“Talisman”) has established the Performance Share Unit Plan for Eligible Employees of Talisman Energy Inc. and its Affiliates effective April 1, 2009 (the “Plan”) under which Grants of performance share units (“PSUs”) may be made to Eligible Employees of Talisman and its Affiliates at the discretion of the Management Succession and
        Compensation Committee (the “Committee”).

        The Committee has authorized the issuance of PSUs under the Plan for certain Eligible Employees of Talisman and its Affiliates.

        Pursuant to the Plan and in respect of services to be provided to Fortuna Energy Inc. (“Fortuna”) or Talisman by you, you have been granted the PSUs listed under the heading "Total PSUs" above, effective April 1, 2009 (the “Grant Date”). Capitalized terms not defined herein shall have the meanings given to those terms in the Plan. The PSUs are granted to you subject to
        your acceptance of this Grant Agreement and the following terms:

         

        
            	
                        1.

                    	
                        Grant of PSUs

                    

        

        
            	
                        1.1

                    	
                        The granting and vesting of the PSUs and the delivery to you of any Shares in respect of any Vested PSU (as defined in Section 2.1 of this Grant Agreement) are subject to the terms and conditions of this Grant Agreement including, without limitation, any schedule to this Grant Agreement, and the terms and conditions of the Plan, all of which
                        are incorporated into and form an integral part of this Grant Agreement. In the event of a conflict between the terms and conditions of the Plan and this Grant Agreement, the terms of this Grant Agreement will prevail.

                    

        

        
            	
                        1.2

                    	
                        Neither the granting of PSUs nor the crediting of Dividend Equivalent PSUs entitles you to any benefits until the PSUs and Dividend Equivalent PSUs become Vested PSUs.

                    

        

        
            	
                        2.

                    	
                        Vesting of PSUs  

                    

        

        
            	
                        2.1

                    	
                        Subject to the provisions of the Plan and the provisions of Section 4 of this Grant Agreement, provided you remain Employed throughout the Performance Period specified in Schedule A attached hereto, the PSUs and Dividend Equivalent PSUs subject to this Grant Agreement will become Vested PSUs on such date following the end of the Performance
                        Period (the “Determination Date”) that the Committee: (A) determines the extent to which the conditions set out in Schedule A (the “Performance Conditions”) have been satisfied, or waives such Performance Conditions; and (B) specifies the number or proportion of PSUs that have become Vested PSUs. The Determination Date will be as soon as administratively feasible following the last day of the Performance Period. 

                    

        

        
            	
                        3.

                    	
                        Settlement of Awards

                    

        

        
            	
                        3.1

                    	
                        Vested PSUs shall be settled in Shares in accordance with the Plan in the first calendar year beginning after the last day of the Performance Period, and settlement will occur as soon as administratively feasible following the Determination Date. Notwithstanding the foregoing, PSUs that become Vested PSUs as a result of a change in control as
                        defined in Section 3.3 below will be settled on a date that is within 90 days following the date of such change in control, provided that the Eligible Employee shall have no ability to designate the taxable year of the payment/settlement. In no event will Vested PSUs be settled later than December 31, 2012. The 

                    

        

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        settlement of PSUs is subject to payment or other satisfaction of all related withholding obligations in accordance with Section 5.1 of this Grant Agreement. 

        
            	
                        3.2

                    	
                        With respect to the settlement of PSUs in Shares, Talisman, or an Affiliate, may enter into an arrangement with a financial institution or broker that is independent of Talisman and any Affiliates (the “Agent”) in accordance with Stock Exchange Rules and that is a member of the Stock Exchange, pursuant to which the Agent will
                        purchase Shares on the open market on your behalf. Talisman or the Affiliate will notify the Agent as to the number of Common Shares to be purchased by the Agent on your behalf on the basis of one Share for each Vested PSU, subject to provision for applicable taxes and other source deductions in accordance with Section 10.4 of the Plan. As soon as practicable thereafter, the Agent shall purchase on the open market the number of Shares specified in the notice from Fortuna
                        or Talisman and shall advise you, or your Beneficiary, as applicable, and Fortuna or Talisman, of (i) the aggregate purchase price of the Shares; (ii) the purchase price per Share or, if the Shares were purchased at different prices, the average purchase price (computed on a weighted average basis) per Share; (iii) the amount of any related brokerage commission; and (iv) the settlement date for the purchase of the Shares. On the settlement date in respect of the Shares
                        purchased, following payment of the aggregate purchase price and related brokerage commission by Talisman or an Affiliate on your behalf, or on your Beneficiary’s behalf, as applicable, the Agent shall credit such Shares to an account with the Agent in your name, or your Beneficiary’s name, as applicable. For greater clarity, and not withstanding Sections 7.1 and 7.2 of the Plan, in no event will you be a beneficiary of, nor will your right to payment with
                        respect to your PSUs be funded out of, any Share Purchase Trust as contemplated by Section 7.1 of the Plan unless such trust is a U.S. situs trust meeting the requirements of a “rabbi trust” (as generally understood under U.S. federal income tax principles). 

                    

        

        
            	
                        3.3

                    	
                        For purposes of this grant of PSUs, and not withstanding anything to the contrary in the Plan (including but not limited to Sections 1.3.7 and 6.9 of the Plan), a “change in control” is an event that meets the definition of Change in Control under Section 1.3.7 of the Plan, and that also constitutes a “change in the
                        ownership,” a “change in effective control,” and/or a “change in the ownership of a substantial portion of the assets” as defined under U.S. Treasury Regulation § 1.409A-3(i)(5).

                    

        

        
            	
                        3.4

                    	
                        For greater certainty, PSUs and Dividend Equivalent PSUs which do not become Vested PSUs shall be forfeited by you, you will have no further right, title or interest in such PSUs and Dividend Equivalent PSUs and neither you nor your Beneficiary shall have any right to receive any Shares or payment, and no payment shall be made as compensation,
                        damages, or otherwise, with respect to any PSUs or Dividend Equivalent PSUs that are forfeited or otherwise do not become Vested PSUs in accordance with the Plan and this Grant Agreement.

                    

        

        
            	
                        4.

                    	
                        Termination of Employment or Change in Control

                    

        

        
            	
                        4.1

                    	
                        Unless otherwise determined by the Committee:

                    

        

        
            	
                        4.1.1

                    	
                        In the event your employment is terminated for Cause by Fortuna, Talisman, or an Affiliate, as applicable at any time prior to the Settlement Date of your PSUs none of the PSUs set out above, nor any Dividend Equivalent PSUs in respect of such PSUs, shall vest, and all such PSUs and Dividend Equivalent PSUs shall be forfeited in accordance with
                        Section 3.4 of this Grant Agreement.

                    

        

        
            	
                        4.1.2

                    	
                        In the event you resign from your employment with Fortuna, Talisman or an Affiliate, as applicable, prior to the end of the Performance Period, none of the PSUs set out above, nor any Dividend Equivalent PSUs in respect of such PSUs, shall vest, and all such PSUs and Dividend Equivalent PSUs shall be forfeited in accordance with Section 3.4 of
                        this Grant Agreement. 

                    

        

        
            	
                        4.1.3

                    	
                        In the event your employment is terminated without Cause by Fortuna, Talisman or an Affiliate, as applicable, prior to the end of the Performance Period, the number of PSUs determined by the formula A x B/C (the “Pro Rated PSUs”), where

                    

        

         

        

        
              
        

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                        A

                    	
                        equals the total number of PSUs and Dividend Equivalent PSUs recorded in your PSU Account as at the date on which you cease to be Employed;

                    

        

        
            	
                         

                    	
                        B

                    	
                        equals the total number of days between the first day of the Performance Period and the date on which you cease to be Employed (rounded up to the nearest whole number of days);

                    

        

        
            	
                         

                    	
                        C

                    	
                        equals total number of days (rounded up to the nearest whole number of days) between the first day of the Performance Period and the date on which the Performance Period ends, 

                    

        

        shall, subject to Section 4.1.7, be eligible to become Vested PSUs following the end of the Performance Period (on the Determination Date), subject to satisfaction or waiver by the Committee of the Performance Conditions relating to this Grant.

        
            	
                        4.1.4

                    	
                        In the event you cease to be Employed by reason of death prior to the end of the Performance Period, notwithstanding Section 2.1 but subject to Section 4.1.7, the number of PSUs and Dividend Equivalent PSUs that become Vested PSUs on the Determination Date shall be the number of PSUs that would have become Vested PSUs in accordance with Section
                        2.1 had you remained Employed until the end of the Performance Period.

                    

        

        
            	
                        4.1.5

                    	
                        In the event that you cease to be Employed by reason of Retirement prior to the end of the Performance Period, the number of PSUs determined by the formula A x B/C (the “Pro Rated PSUs”), where

                    

        

        
            	
                         

                    	
                        A

                    	
                        equals the total number of PSUs and Dividend Equivalent PSUs recorded in your PSU Account as at the effective date of your Retirement;

                    

        

        
            	
                         

                    	
                        B

                    	
                        equals the total number of days between the first day of the Performance Period and the Eligible Employee’s date of Retirement (rounded up to the nearest whole number of days) plus the lesser of 365 days and the number of days remaining in the Performance Period on such date of Retirement; and 

                    

        

        
            	
                         

                    	
                        C

                    	
                        equals the total number of days (rounded up to the nearest whole number of days) between the first day of the Performance Period and the date on which the Performance Period ends, 

                    

        

        shall, subject to Section 4.1.7, be eligible to become Vested PSUs following the end of the Performance Period (on the Determination Date), subject to satisfaction or waiver by the Committee of the Performance Conditions relating to this Grant.

        
            	
                        4.1.6

                    	
                        In the event that Talisman disposes of all or substantially all of its ownership interest in an Affiliate or Talisman or an Affiliate disposes of all or substantially all of the assets of a business unit of Talisman or the Affiliate, as applicable, and, in connection with any such disposition, you cease to be Employed prior to the end of the
                        Performance Period (other than in circumstances in which Section 4.1.1 applies), the number of PSUs determined by the formula A x B/C (the “Pro Rated PSUs”), where

                    

        

         

        

        
              
        

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                        A

                    	
                        equals the total number of PSUs and Dividend Equivalent PSUs recorded in your PSU Account at the date on which you cease to be Employed;

                    

        

        
            	
                         

                    	
                        B

                    	
                        equals the total number of days between the first day of the Performance Period and the date on which you cease to be Employed (rounded up to the nearest whole number of days); and 

                    

        

        
            	
                         

                    	
                        C

                    	
                        equals total number of days (rounded up to the nearest whole number of days) between the first day of the Performance Period and the date on which the Performance Period ends, 

                    

        

        shall, subject to Section 4.1.7, be eligible to become Vested PSUs following the end of the Performance Period (on the Determination Date), subject to satisfaction or waiver by the Committee of the Performance Conditions relating to this Grant. 

        
            	
                        4.1.7

                    	
                        In the event of a change in control as defined in Section 3.3 of this Grant Agreement prior to the end of the Performance Period: 

                    

        

        
            	
                         

                    	
                        (a)

                    	
                        the Committee shall determine the extent to which the Performance Conditions applicable to the PSUs granted to you under this Grant Agreement have been satisfied during the portion of the Performance Period completed prior to such change in control; and

                    

        

        
            	
                         

                    	
                        (b)

                    	
                        if, having regard to the determination contemplated in paragraph (a) above, the Committee determines that the number of PSUs granted to you under this Grant Agreement that are eligible to become Vested PSUs in connection with the change in control exceeds the Target Award in respect of this Grant, PSUs in respect of this Grant and any Dividend
                        Equivalent PSUs in respect of such PSUs recorded in your PSU Account as at the effective date of the change in control, increased by the appropriate multiplier under Schedule A, as determined by the Committee, shall become Vested PSUs effective at the time of the change in control;

                    

        

        
            	
                         

                    	
                        (c)

                    	
                        if, having regard to the determination contemplated in paragraph (a) above, the Committee determines that the number of PSUs granted to you under this Grant Agreement that are eligible to become Vested PSUs in connection with the change in control does not exceed the Target Award in respect of this Grant, no less than such Target Award and any
                        Dividend Equivalent PSUs in respect of such Target Award shall become Vested PSUs effective at the time of the change in control.

                    

        

        PSUs and Dividend Equivalent PSUs in respect hereof which vest pursuant to this Section 4.1.7 shall be settled as soon as practicable after the effective date of the change in control, but in all events by the 90th day following such change in control.

        
            	
                        5.

                    	
                        Tax

                    

        

        
            	
                        5.1

                    	
                        Fortuna, Talisman, any Affiliate or the Trustee may withhold from any amount payable to you, either under this Grant Agreement or otherwise, such amount as may be necessary so as to ensure that Fortuna, Talisman, Affiliate, or the Trustee, as the case may be, will be able to comply with the applicable provisions of Applicable Law relating to
                        the withholding of tax or that any other required deductions are paid or otherwise satisfied, including withholding of the amount, if any, includable in your income. Fortuna, Talisman or any Affiliate, as applicable, and the Trustee shall also have the right in its discretion to satisfy any such liability for withholding or other required deduction amounts that become payable as a result of the settlement of PSUs by selling or requiring you to sell Shares which would
                        otherwise be delivered or provided to you hereunder. Fortuna or Talisman may require you, as a condition to the settlement of any Vested PSUs, to pay or reimburse, or to indemnify, Fortuna, Talisman, an Affiliate or the Trustee for any such withholding or other required deduction of amounts related to the settlement of your Vested PSUs. 

                    

        

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                        6.

                    	
                        Personal Information

                    

        

        
            	
                        6.1

                    	
                        You consent to the holding, processing and transferring of personal data provided by you to Fortuna, Talisman, any Affiliate, the Trustee, the Agent or to any third party service provider for all purposes relating to the operation of the Plan, including (i) administering and maintaining records in respect of you; (ii) providing information to
                        Fortuna, Talisman, any Affiliate, their respective agents, the Trustee, the Agent or any third party service provider in respect of the Plan; (iii) providing information to future purchasers of Fortuna, Talisman, any Affiliate or the business in which you work; and (iv) transferring information about you to a country or territory outside the United States that may not provide the same statutory protection for the information as the United States does.

                    

        

        
            	
                        7.

                    	
                        Binding Agreement

                    

        

        
            	
                        7.1

                    	
                        This Grant Agreement shall be binding upon you, your Beneficiary, the legal representatives of your estate and your heirs.

                    

        

         

        
            

              

            5 of 5EXHIBIT 10.1

                    FOURTH AMENDMENT TO FORBEARANCE AGREEMENT

         This Fourth  Amendment to Forbearance  Agreement (the  "Amendment")  is
                                                                 ---------
entered into as of this 27th day of May, 2009 by and among Ronson Corporation, a
New Jersey corporation ("Parent"),  Ronson Consumer Products Corporation,  a New
                         ------
Jersey  corporation  ("RCPC"),  Ronson Aviation,  Inc., a New Jersey corporation
                       ----
("RAI") and Ronson Corporation of Canada Ltd., an Ontario  corporation  ("Ronson
  ---                                                                     ------
Canada")  (RCPC and RAI are  collectively  and  individually  referred to as the
------
"Domestic  Borrower" or "Domestic  Borrowers";  the Domestic Borrower and Ronson
 ------------------      -------------------
Canada are  collectively  and  individually  referred  to as the  "Borrower"  or
                                                                   --------
"Borrowers",  and the  Borrowers,  together  with  Parent are  collectively  and
 ---------
individually  referred to as the  "Obligors")  and Wells  Fargo  Bank,  National
                                   --------
Association ("Lender"), acting through its Wells Fargo Business Credit operating
              ------
division.

                                    RECITALS:

         Borrowers  and Lender  are  parties  to a certain  Credit and  Security
Agreement  dated  as of May 30,  2008 (as  amended,  modified,  supplemented  or
restated from time to time,  the "Credit  Agreement"),  relating to financing by
                                  -----------------
Lender to Borrowers.

         Certain Events of Default occurred under the Credit Agreement and, as a
result  thereof,  Lender and  Borrowers  entered into that  certain  Forbearance
Agreement  dated as of March 29,  2009 (as  amended  modified,  supplemented  or
restated from time to time, the "Forbearance Agreement";  capitalized terms used
                                 ---------------------
but not  specifically  defined herein shall have the meanings  provided for such
terms in the  Forbearance  Agreement),  whereby  Lender  agreed to forbear  from
exercising  certain  of its  rights and  remedies  available  as a result of the
Existing Events of Default.

         The Forbearance  Agreement expires pursuant to its terms not later than
June 12, 2009.

         Borrowers   have   requested   that  Lender  amend  the  definition  of
Termination  Event to  extend  the  stated  expiration  date in the  Forbearance
Agreement from June 12, 2009 to July 3, 2009 in order to provide  Borrowers with
additional  time to explore a Liquidity  Transaction  and to amend certain terms
and conditions of the Credit Agreement.

         Lender has considered  Borrowers' request and, in an effort to continue
working with Borrowers, hereby agrees to amend the Forbearance Agreement and the
Credit Agreement on the terms and conditions set forth below.

         NOW,  THEREFORE,  for and in  consideration  of the foregoing and other
good and valuable consideration,  the receipt and sufficiency of which is hereby
acknowledged, the parties agree as follows:

         1. Amendment to Credit Agreement. As of the date hereof, the definition
            -----------------------------
of  Accommodation  Overadvance  Limit set  forth in  Section  1.1 of the  Credit
Agreement is amended and restated in its entirety to read as follows:

                                       1
<PAGE>

                  "Accommodation  Overadvance  Limit" means up to $750,000  from
         the Accommodation  Overadvance Funding Date through the occurrence of a
         Termination   Event  (as  such  term  is  defined  in  the  Forbearance
         Agreement).

         2. Amendment to Forbearance  Agreement.  As of the date hereof, Section
            -----------------------------------
2(b) of the Forbearance  Agreement shall be amended and restated in its entirety
to read as follows:

            (a) For purposes of this Agreement, a "Termination Event" shall mean
                                                   -----------------
the  earliest  to  occur  of (i)  July 3,  2009  and (ii) any one or more of the
following:

                        (A) the  failure  of the  Obligors  to  comply  with the
            terms, covenants, agreements and conditions of this Agreement;

                        (B) any  representation or warranty made herein shall be
            incorrect in any material respect;

                        (C) the  occurrence  of any Event of  Default  under the
            Credit  Agreement,  other than (i) the Existing Events of Default or
            (ii)  breach by  Obligors  of their  obligation  pursuant to Section
            6.1(a) of the Credit  Agreement  to deliver  audited year end annual
            financial  statements  for the fiscal year ending  December 31, 2008
            within 90 days of the end of such fiscal year;

                        (D)  Obligors  shall  fail to  employ a CRO (as  defined
            below) throughout the term of this Agreement;

                        (E) in  the  Lender's  discretion,  it  determines  that
            Parent is no longer actively pursuing a Liquidity Transaction; and

                        (F) Any Person,  other than Lender,  shall  exercise its
            rights and remedies  against the Obligors as a result of defaults or
            events of defaults arising under any agreement  between Obligors and
            such Person due to  cross-defaults  arising from the Existing Events
            of Default.

         3. Extension of Forbearance Agreement. Lender hereby agrees that if, on
            ----------------------------------
July 3, 2009, a  Termination  Event has not occurred  (other than as a result of
the  occurrence  of July 3, 2009) and either (i)  Hawthorne  TTN  Holdings,  LLC
("Hawthorne") has satisfied the financing  contingency set forth in Section 7 of
that certain Asset  Purchase  Agreement  executed by Hawthorne on April 24, 2009
(the  "APA")  pursuant  to which  Hawthorne  proposes  to  purchase  and acquire
substantially  all of the assets of RAI or (ii)  Obligors  have  received a firm
letter of intent for the sale of RCPC, the terms of such sale Lender  determines
in its sole  discretion  are  sufficient  to provide  for payment in full of all
Indebtedness due and owing to Lender, then the term of the Forbearance Agreement
shall  automatically  be  extended  to  August  15,  2009 and the  Accommodation
Overadvance Limit shall automatically be increased to $1,000,000.

         4.  Forbearance  Fee.  The  Obligors  hereby  renew  and  affirm  their
             ----------------
obligation  to pay a  forbearance  fee in an amount equal to Four Hundred  Fifty
Thousand Dollars ($450,000),  which fee was fully earned and non-refundable upon
execution and delivery of the Forbearance Agreement,  is included as part of the
Indebtedness  of  Obligors  to Lender  under the Credit

                                       2
<PAGE>

Agreement and shall be charged as a Revolving Advance under the Credit Agreement
upon the earlier of (a) the occurrence of a Termination  Event or (b) payment of
the Indebtedness.

         5. Sums Secured;  Estoppel.  The Obligors acknowledge and reaffirm that
            -----------------------
their  obligations to Lender as set forth in and evidenced by the Loan Documents
are due and  owing  without  any  defenses,  set-offs,  recoupments,  claims  or
counterclaims  of any  kind  as of the  date  hereof.  To the  extent  that  any
defenses,  set-offs,  recoupments,  claims or counterclaims  may exist as of the
date hereof, the Obligors waive and release Lender from the same.

         6. No Other Changes.  Except as explicitly  amended by this  Amendment,
            ----------------
all of the terms and  conditions of the  Forbearance  Agreement  shall remain in
full force and effect.

         7.  References.  All references in the  Forbearance  Agreement to "this
             ----------
Agreement"  shall be deemed to refer to the  Forbearance  Agreement  as  amended
hereby.

         8. No Waiver. The execution of this Amendment shall not be deemed to be
            ---------
a waiver of any Default or Event of Default under the Credit Agreement, a waiver
of any Termination Event under the Forbearance  Agreement or breach,  default or
event of default  under any Loan  Documents  or other  document  held by Lender,
whether or not known to Lender and  whether or not  existing on the date of this
Amendment.

         9. Waiver and Release of Claims and Defenses. The Obligors hereby waive
            -----------------------------------------
and release all claims and demands of any nature  whatsoever  that they now have
or may have against  Lender,  whether arising under the Loan Documents or by any
acts or  omissions  of Lender,  or any of its  directors,  officers,  employees,
affiliates,  attorneys or agents,  or  otherwise,  and whether known or unknown,
existing as of the date of the  execution of this  Amendment,  and further waive
and release any and all defenses of any nature  whatsoever to the payment of the
Obligations or the performance of their obligations under Loan Documents.

         10.  Reaffirmation  of Loan Documents.  The Obligors hereby agree with,
              --------------------------------
reaffirm and acknowledge their  representations and warranties  contained in the
Loan Documents.  Furthermore,  the Obligors represent that their representations
and warranties  contained in the Loan Documents  continue to be true and in full
force and effect.  This agreement,  reaffirmation and acknowledgment is given to
Lender by the Obligors without defenses, claims or counterclaims of any kind. To
the extent that any such defenses,  claims or  counterclaims  against Lender may
exist, the Obligors waive and release Lender from same.

         11.  Ratification  and  Reaffirmation  of Loan Documents.  The Obligors
              ---------------------------------------------------
ratify and reaffirm all terms, covenants, conditions and agreements contained in
the Loan Documents.

         12.  No  Preferential  Treatment.  No  Obligor  has  entered  into this
              ---------------------------
Amendment to provide any preferential treatment to Lender or any other creditor.
No Obligor intends to file for protection or seek relief under the United States
Bankruptcy  Code or any similar federal or state law providing for the relief of
debtors.

         13. Legal  Representation.  Each of the parties hereto acknowledge that
             ---------------------
they have been  represented by independent  legal counsel in connection with the
execution  of this  Amendment,  that  they  are  fully  aware of the  terms  and
conditions  contained  herein,  and that they

                                       3
<PAGE>

have entered into and  executed the within  Amendment as a voluntary  action and
without coercion or duress of any kind.

         14. Partial  Invalidity;  No  Repudiation.  If any of the provisions of
             -------------------------------------
this  Amendment  shall  contravene  or be held  invalid  under  the  laws of any
jurisdiction,  this  Amendment  shall be  construed  as if not  containing  such
provisions and the rights, remedies, warranties, representations, covenants, and
provisions   hereof  shall  be  construed  and  enforced   accordingly  in  such
jurisdiction  and shall not in any manner  affect  such  provision  in any other
jurisdiction, or any other provisions of this Amendment in any jurisdiction.

         15. Binding  Effect.  This Amendment is binding upon the parties hereto
             ---------------
and their respective  heirs,  administrators,  executors,  officers,  directors,
representatives and agents.

         16.  Governing Law. This Amendment shall be governed by the laws of the
              -------------
State of New York.

         17. WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO WAIVE THE RIGHT TO
             --------------------
A TRIAL  BY JURY,  AS TO ANY  ACTION  WHICH  MAY  ARISE AS A RESULT  OF THE LOAN
DOCUMENTS, THIS AGREEMENT OR ANY DOCUMENT EXECUTED IN CONNECTION HEREWITH.

         18. Counterparts.  This Amendment and/or any documentation contemplated
             ------------
or  required  in   connection   herewith  may  be  executed  in  any  number  of
counterparts,  each of which shall be deemed an original  and all of which shall
be considered one and the same document.  Delivery of an executed counterpart of
a signature page of this document by facsimile shall be effective as delivery of
a manually executed counterpart of this document.

                            [Signature pages follow]

         IN WITNESS WHEREOF,  the parties hereto,  intending to be legally bound
hereby, do hereby execute this Amendment the date and year first above written.

RONSON CORPORATION

By:   s/ JOEL GETZLER
    ------------------------------------
Print Name: Joel Getzler
Print Title: Chief Restructuring Officer

RONSON CONSUMER PRODUCTS CORPORATION

By:   s/ JOEL GETZLER
    ------------------------------------
Print Name: Joel Getzler
Print Title: Chief Restructuring Officer

                                       4
<PAGE>

RONSON AVIATION, INC.

By:   s/ JOEL GETZLER
    ------------------------------------
Print Name: Joel Getzler
Print Title: Chief Restructuring Officer
RONSON CORPORATION OF CANADA LTD.

By:   s/ JOEL GETZLER
    ------------------------------------
Print Name: Joel Getzler
Print Title: Chief Restructuring Officer

WELLS FARGO BANK, NATIONAL ASSOCIATION

By: s/ PETER GANNON
    ------------------------------------
    Peter Gannon, Vice President

                                       5

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