Document:

Second Lien Deed of Trust

 Exhibit 10.10 
  
 SECOND LIEN DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS, 
 SECURITY AGREEMENT, FINANCING STATEMENT AND FIXTURE FILING 
 FROM 
  
 DEL LABORATORIES, INC.

  
 To 
  
 Biberstein & Nunalee, LLP 
 as Trustee for the benefit of 
 JPMORGAN CHASE
BANK, N.A. 
  

  
 Dated: October 28, 2005 
  
 Premises: Carver
Road                         
                                 Rocky Point, North Carolina 28457 
    County of Pender 
  

  
 COLLATERAL IS OR INCLUDES FIXTURES 
 (THIS DOCUMENTS SERVES AS A FIXTURE FILING UNDER SECTION 25-9-502 OF 
 THE NORTH CAROLINA UNIFORM COMMERCIAL CODE.) 
 THIS DEED OF TRUST IS GIVEN PARTLY TO SECURE FUTURE OBLIGATIONS 
 WHICH MAY BE INCURRED HEREUNDER. 
  
 Prepared by and after recordation return to: 
 Latham & Watkins LLP

 885 Third Avenue, Suite 1000 
 New York, New York 10022

 Attn: Stephanie Quaranta, Esq. 
  

 TABLE OF CONTENTS 
  

							
	 1.
	  	DEFINITIONS	  	1
			
	 2.
	  	GRANT	  	3
			
	 3.
	  	WARRANTIES, REPRESENTATIONS AND COVENANTS	  	3
	 	  	3.1	  	Title to Mortgaged Property and Lien of this Instrument	  	3
	 	  	3.2	  	Second Lien Status	  	3
	 	  	3.3	  	Payment and Performance	  	4
	 	  	3.4	  	Replacement of Fixtures and Personalty	  	3
	 	  	3.5	  	Maintenance of Rights of Way, Easements and Licenses	  	4
	 	  	3.6	  	Inspection	  	4
	 	  	3.7	  	Other Covenants	  	4
			
	 4.
	  	DEFAULT AND FORECLOSURE	  	4
	 	  	4.1	  	Remedies	  	4
	 	  	4.2	  	Separate Sales	  	6
	 	  	4.3	  	Remedies Cumulative, Concurrent and Nonexclusive	  	6
	 	  	4.4	  	Release of and Resort to Collateral	  	6
	 	  	4.5	  	Waiver of Redemption, Notice and Marshalling of Assets	  	6
	 	  	4.6	  	Discontinuance of Proceedings	  	6
	 	  	4.7	  	Application of Proceeds	  	7
	 	  	4.8	  	Occupancy After Foreclosure	  	7
	 	  	4.9	  	Protective Advances and Disbursements; Costs of Enforcement	  	7
	 	  	4.10	  	No Beneficiary in Possession	  	8
			
	 5.
	  	ASSIGNMENT OF RENTS AND LEASES	  	8
	 	  	5.1	  	Assignment	  	8
	 	  	5.2	  	No Obligation	  	8
	 	  	5.3	  	Right to Apply Rents	  	8
			
	 6.
	  	SECURITY AGREEMENT	  	9
	 	  	6.1	  	Security Interest	  	9
	 	  	6.2	  	Financing Statements	  	9
	 	  	6.3	  	Fixture Filing	  	9
			
	 7.
	  	CONCERNING THE TRUSTEE	  	9
	 	  	7.1	  	Certain Rights	  	9
	 	  	7.2	  	Retention of Money	  	10
	 	  	7.3	  	Successor or Trustee	  	10
	 	  	7.4	  	Perfection of Appointment	  	10
	 	  	7.5	  	Trustee Liability	  	10
			
	 8.
	  	MISCELLANEOUS	  	10
	 	  	8.1	  	Notices	  	10
	 	  	8.2	  	Covenants Running with the Land	  	11
	 	  	8.3	  	Attorney-in-Fact	  	12
	 	  	8.4	  	Successors and Assigns	  	12
	 	  	8.5	  	No Waiver	  	12
	 	  	8.6	  	Subrogation	  	12
	 	  	8.7	  	Credit Agreement	  	12

  

 i 

							
	 	  	8.8	  	Release	  	12
	 	  	8.9	  	Waiver of Stay, Moratorium and Similar Rights	  	13
	 	  	8.10	  	Obligations of Grantor, Joint and Several	  	13
	 	  	8.11	  	Governing Law	  	13
	 	  	8.12	  	Headings	  	13
	 	  	8.13	  	Entire Agreement	  	13
	 	  	8.14	  	Future Advances	  	13
	 	  	8.15	  	Intercreditor Agreement	  	14

  
 Exhibit A: legal description 
  
 INDEX OF DEFINED TERMS

  

			
	 Covenants
	  	1
	 Credit Agreement
	  	1
	 Fixtures
	  	2
	 Improvements
	  	1
	 Intercreditor Agreement
	  	1
	 Land
	  	1
	 Leases
	  	2
	 Loan Documents
	  	1
	 Mortgage
	  	1
	 Mortgaged Property
	  	1
	 Mortgagee
	  	1
	 Mortgagor
	  	1
	 Obligations
	  	2
	 Permitted Encumbrances
	  	3
	 Personalty
	  	2
	 Plans
	  	2
	 Property Agreements
	  	2
	 Rents
	  	2
	 UCC
	  	3

  

 ii 

 SECOND LIEN DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS, 
 SECURITY AGREEMENT, FINANCING STATEMENT AND FIXTURE 
 FILING 
  
 This Second Lien Deed of Trust, Assignment of Leases and
Rents, Security Agreement, Financing Statement and Fixture Filing (this “Deed of Trust”) is executed as of October 28, 2005, by Del Laboratories, Inc., a Delaware corporation (“Grantor”), having an address at
178 EAB Plaza, Uniondale, New York 11556, in favor of Biberstein & Nunalee, LLP (“Trustee”), having an address at P.O. Box 428, Burgaw, North Carolina 28425, for the benefit of JP MORGAN CHASE BANK, N.A., a New York banking
corporation (“Beneficiary”), having an address at 270 Park Avenue, 4th Floor, New York, New York
10017 individually and as Administrative Agent (as defined in the Credit Agreement defined below) for the Lenders under the Credit Agreement more fully described below. 
  
 1. DEFINITIONS 
  
 As used herein, the following terms shall have the following meanings: 
  
 “Covenants”: All of the agreements, covenants, conditions and other obligations made or undertaken by Grantor or any other person or entity to
Beneficiary or to any other Secured Party (as defined in the Guarantee and Collateral Agreement) as set forth in the Loan Documents. 
  
 “Intercreditor Agreement”: The Intercreditor Agreement dated as of October 28, 2005 by and among Borrower, Beneficiary, in its capacity as
Administrative Agent under the Credit Agreement and Wells Fargo Bank, N.A., in its capacity as Collateral Agent under the Collateral Agency Agreement dated as of the date hereof between it, as Collateral Agent, and Wells Fargo Bank, N.A., as trustee
under the Senior Secured Note Indenture (as defined in the Credit Agreement). 
  
 “Loan Documents”: The (1) Credit Agreement dated as of October 28, 2005 by and among DLI Holding II Corp., a Delaware corporation, as Holdings; the Lenders from time to time party thereto; JP Morgan Securities,
Inc, as sole lead arranger and sole bookrunner and Beneficiary, as administrative agent (the “Credit Agreement”), (2) the Security Documents (including this Deed of Trust) and the Notes, each as defined in the Credit Agreement
and (3) each other agreement, certificate or document executed by any Group Member (as defined in the Credit Agreement) and delivered to any Agent (as defined in the Credit Agreement) or any Lender pursuant to the Credit Agreement or any
Security Document. 
  
 “Mortgaged Property”: All of
Grantor’s right, title and interest in or to (1) the real property described in Exhibit A, together with any greater estate therein as hereafter may be acquired by Grantor (the “Land”), (2) buildings,
structures and other improvements, now or at any time situated, placed or constructed upon the Land (the “Improvements”), (3) fixtures, materials, supplies, equipment, apparatus and other items of personal property now owned or
hereafter acquired by Grantor and now or hereafter attached to, installed in or used primarily in connection with any of the Improvements or the Land, and all water, gas, electrical, storm and sanitary 

 
sewer facilities and all other utilities whether or not situated in easements (the “Fixtures”), (4) all goods, accounts, general
intangibles, instruments, documents, chattel paper and all other personal property of any kind or character, including such items of personal property as defined in the UCC, now owned or hereafter acquired by Grantor and now or hereafter affixed to,
placed upon, used primarily in connection with, or arising from or otherwise related to the Land and Improvements or that may be used in or relating to the planning, development, financing or operation of the Mortgaged Property, including, without
limitation, furniture, furnishings, equipment, machinery, money, insurance proceeds, accounts, contract rights, goodwill, chattel paper, documents, property licenses and/or franchise agreements, rights of Grantor under leases of Fixtures or other
personal property or equipment, inventory, all refundable, returnable or reimbursable fees, deposits or other funds or evidences of credit or indebtedness deposited by or on behalf of Grantor with any governmental authorities, boards, corporations,
providers of utility services, public or private, including specifically, but without limitation, all refundable, returnable or reimbursable tap fees, utility deposits, commitment fees and development costs but only to the extent assignable (the
“Personalty”), (5) reserves, escrows or impounds required under the Credit Agreement and all deposit accounts maintained by Grantor with respect solely to the Mortgaged Property, (6) plans, specifications, shop drawings
and other technical descriptions prepared for construction, repair or alteration of the Improvements, and all amendments and modifications thereof (the “Plans”), (7) all leases, subleases, licenses, concessions, occupancy
agreements or other agreements (written or oral, now or at any time in effect) which grant a possessory interest in, or the right to use, all or any part of the Mortgaged Property (the “Leases”), together with all related security
and other deposits, (8) all of the rents, revenues, income, proceeds, profits, security and other types of deposits, and other benefits paid or payable by parties to the Leases other than Grantor for using, leasing, licensing, possessing,
operating from, residing in, selling or otherwise enjoying the Mortgaged Property (the “Rents”), (9) to the extent assignable, all other agreements, such as construction contracts, architects’ agreements, engineers’
contracts, utility contracts, maintenance agreements, management agreements, service contracts, permits, licenses, certificates and entitlements in any way relating to the development, construction, use, occupancy, operation, maintenance, enjoyment,
acquisition or ownership of the Mortgaged Property (the “Property Agreements”), (10) all rights, privileges, tenements, hereditaments, rights-of-way, easements, appendages and appurtenances appertaining to the foregoing, and
all right, title and interest, if any, of Grantor in and to any streets, ways, alleys, strips or gores of land adjoining the Land or any part thereof, (11) accessions, replacements and substitutions for any of the foregoing and all proceeds
thereof, (12) all proceeds of and any unearned premiums on any insurance policies covering any of the above property now or hereafter acquired by Grantor, (13) all mineral, water, oil and gas rights now or hereafter acquired and relating
to all or any part of the Mortgaged Property and (14) any awards, remunerations, reimbursements, settlements or compensation heretofore made or hereafter to be made by any governmental authority pertaining to the Land, Improvements, Fixtures or
Personalty. As used in this Deed of Trust, the term “Mortgaged Property” shall mean all or, where the context permits or requires, any portion of the above or any interest therein. 
  
 “Obligations”: As defined in the Credit Agreement, as well as all
obligations arising under the Guarantee and Collateral Agreement and including, without limitation, all other indebtedness, obligations and liabilities now or hereafter existing of any kind of Grantor to Beneficiary or the Lenders under documents
that recite that they are intended to be secured by this Deed of Trust. 
  

 2 

 “Permitted Encumbrances”: The outstanding liens, easements, restrictions, security interests and other
exceptions to title set forth in the policy of title insurance insuring the lien of this Deed of Trust issued on the date hereof, together with the liens and security interests in favor of Beneficiary created or permitted by the Loan Documents and
Section 7.3 of the Credit Agreement. 
  
 “UCC”: The Uniform
Commercial Code of the State of North Carolina or the Uniform Commercial Code in effect in any other state if applicable. 
  
 All terms used but not otherwise defined herein shall have the meanings ascribed to them in the Credit Agreement. 
  
 2. GRANT. To secure the full and timely payment and performance of the Obligations,
Grantor MORTGAGES, GRANTS, BARGAINS, SELLS, TRANSFERS, ASSIGNS and HYPOTHECATES and CONVEYS the Mortgaged Property to Trustee, IN TRUST, WITH POWER OF SALE, subject, however, to the Permitted Encumbrances. The latest scheduled maturity date of the
secured debt is October 28, 2011. 
  
 3. WARRANTIES, REPRESENTATIONS AND
COVENANTS. Grantor warrants, represents and covenants to Trustee and Beneficiary as follows: 
  
 3.1 Title to Mortgaged Property and Lien of this Instrument. Grantor owns the Mortgaged Property free and clear of any liens, claims or interests, except the Permitted Encumbrances. This Deed of Trust creates a
valid, enforceable second priority lien and security interest against the Mortgaged Property subject only to the Permitted Encumbrances. 
  
 3.2 Second Lien Status. Grantor shall preserve and protect the second lien and security interest status of this Deed of Trust and the other Loan Documents. If any
lien or security interest other than a Permitted Encumbrance is asserted against the Mortgaged Property, Grantor shall promptly, and at its expense, (a) give Beneficiary a detailed written notice of such lien or security interest (including
origin, amount and other terms), and (b) pay the underlying claim in full or take such other action so as to cause it to be released or contest the same in compliance with the requirements of the Credit Agreement (including the requirement of
providing a bond or other security satisfactory to Beneficiary to the extent required by the Credit Agreement). 
  
 3.3 Payment and Performance. Grantor shall pay and perform the Obligations when due under the Loan Documents to which it is a party and shall perform the Covenants
under the Loan Documents to which it is a party in full when they are required to be performed. 
  
 3.4 Replacement of Fixtures and Personalty. Except as permitted by the Credit Agreement, Grantor shall not, without the prior written consent of Beneficiary, not to be unreasonably withheld, permit any of the
Fixtures or Personalty to be removed at any time from the Land or Improvements, unless the removed item is removed temporarily for maintenance and repair or, if removed permanently, is immaterial or is obsolete and in either case, is replaced by an
article of equal or better suitability and value, owned by Grantor subject to the liens and security interests 

  

 3 

 
of this Deed of Trust and the other Loan Documents, and free and clear of any other lien or security interest except such as may be first approved in writing
by Beneficiary. 
  
 3.5 Maintenance of Rights of Way, Easements and
Licenses. Grantor shall maintain, in the ordinary course of business, all rights of way, easements, grants, privileges, licenses, certificates, permits, entitlements and franchises necessary for the use of the Mortgaged Property and will not,
without the prior consent of Beneficiary, not to be unreasonably withheld or delayed, consent to any public restriction (including any zoning ordinance) or private restriction as to the use of the Mortgaged Property which restriction is reasonably
likely to materially and adversely affect the current use of the Mortgaged Property. Grantor shall comply in all material respects with all restrictive covenants affecting the Mortgaged Property, and all zoning ordinances and other public or private
restrictions as to the use of the Mortgaged Property. 
  
 3.6 Inspection.
Grantor shall permit Beneficiary and its agents, representatives and employees, upon reasonable prior notice to Grantor and during normal business hours (except in the case of an emergency, in which case no notice shall be necessary), to inspect the
Mortgaged Property and conduct such environmental, to the extent Beneficiary believes that there is a reasonable possibility that a release of Materials of Environmental Concern in violation of Environmental Laws may have occurred or is occurring,
engineering and other studies as Beneficiary may reasonably require, provided that such inspections and studies shall not materially interfere with the use and operation of the Mortgaged Property. Beneficiary shall indemnify Grantor for all losses
relating to its or its agent’s gross negligence and willful misconduct in connection with such inspection and studies. 
  
 3.7 Other Covenants. All of the covenants in the Credit Agreement are incorporated herein by reference. 
  
 4. DEFAULT AND FORECLOSURE 
  
 4.1 Remedies. During the occurrence and continuance of an Event of Default,
Beneficiary may, at Beneficiary’s election and by or through Trustee or otherwise, exercise any or all of the following rights, remedies and recourses: 
  
 4.1.1 Acceleration. To the extent permitted by the Credit Agreement, declare the Obligations to be immediately due and payable, without further notice,
presentment, protest, notice of intent to accelerate, notice of acceleration, demand or action of any nature whatsoever (each of which hereby is expressly waived by Grantor), whereupon the same shall become immediately due and payable. 

 
 4.1.2 Entry on Mortgaged Property. Enter the Mortgaged Property and take
exclusive possession thereof and of all books, records and accounts relating thereto. If Grantor remains in possession of the Mortgaged Property after an Event of Default and without Beneficiary’s prior written consent, Beneficiary may invoke
any legal remedies to dispossess Grantor. 
  
 4.1.3 Operation of
Mortgaged Property. Hold, lease, develop, manage, operate or otherwise use the Mortgaged Property upon such terms and conditions as Beneficiary may deem reasonable under the circumstances (making such repairs, alterations, additions and 

  

 4 

 
improvements and taking other actions, from time to time, as Beneficiary deems necessary or desirable), and apply all Rents and other amounts collected by
Trustee in connection therewith in accordance with the provisions of Section 4.7 hereof. 
  
 4.1.4 Remedies of Beneficiary upon Default. Upon the occurrence of any Event of Default, Beneficiary may, at its option, without prior notice to Grantor,
declare the Obligations to be immediately due and payable in full; and, on application of Beneficiary, Trustee shall foreclose this Deed of Trust in any manner permitted by North Carolina law, including selling the Mortgaged Property or any part
thereof at public sale to the last and highest bidder for cash, free of any equity of redemption, homestead, dower, curtesy or other state or federal exemption, all of which are expressly waived by Grantor, after compliance with applicable North
Carolina laws relating to foreclosure sales under power of sale; and Trustee shall execute and deliver to the purchaser a Trustee’s deed conveying the Mortgaged Property so sold without any covenant or warranty, expressed or implied. The
recitals in the Trustee’s deed shall be prima facie evidence of the truth of the statements made therein. The proceeds of any such sale shall be applied in the manner and in the order prescribed by applicable North Carolina law, it being agreed
that the expenses of any such sale shall include a commission of five per cent of the gross sales price to Trustee for holding such sale and for all services performed by him hereunder excluding expenses incurred in making sale. In the event a
foreclosure suit or special proceeding is commenced, and no sale is held, then the Grantor shall pay to the Trustee: (a) all expenses incurred by Trustee and (b) a partial commission computed on five percent of the balance of the unpaid
Obligations. Beneficiary may bid and become the purchaser at any sale under this Deed of Trust. At any such sale Trustee may at his election require the successful bidder immediately to deposit with Trustee cash in an amount equal to all or any part
of the successful bid and notice of any such requirement need not be included in the advertisement of the notice of such sale. If foreclosure proceedings are instituted under this Deed of Trust, Trustee is hereby authorized to take possession of the
Mortgaged Property and collect any rental accrued or to accrue; or Trustee may lease the Mortgaged Property or any part thereof, receive the rents and profits therefrom, and hold the proceeds remaining after payment of the expenses of managing and
operating the Mortgaged Property subject to the order of the court for the benefit of Beneficiary, pending final disposition on the foreclosure proceedings, and during any period allowed by applicable law for the redemption from any foreclosure sale
ordered in such proceedings; and Trustee may act irrespective of the value of the Mortgaged Property or its adequacy or inadequacy to secure or discharge the indebtedness then owing. 
  
 4.1.5 Receiver. Make application to a court of competent jurisdiction for, and obtain from such court as a matter of strict
right and without notice to Grantor or regard to the adequacy of the Mortgaged Property for the repayment of the Obligations, the appointment of a receiver of the Mortgaged Property, and Grantor irrevocably consents to such appointment. Any such
receiver shall have all the usual powers and duties of receivers in similar cases, including the full power to rent, maintain and otherwise operate the Mortgaged Property upon such terms as may be approved by the court, and shall apply such Rents in
accordance with the provisions of Section 4.7 hereof. 
  
 4.1.6 Other. Exercise all other rights, remedies and recourses granted under the Loan Documents or otherwise available at law or in equity (including an action for specific 

  

 5 

 
performance of any covenant contained in the Loan Documents, or a judgment on the Notes either before, during or after any proceeding to enforce this Deed of
Trust). 
  
 4.2 Separate Sales. The Mortgaged Property may be sold in one
or more parcels and in such manner and order as Beneficiary in its sole discretion may elect in accordance with any applicable Requirement of Law; the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales
described in the foregoing sentence. 
  
 4.3 Remedies Cumulative, Concurrent
and Nonexclusive. Trustee and Beneficiary shall have all rights, remedies and recourses granted in the Loan Documents and available at law or equity (including the UCC), which rights (a) shall be cumulative and concurrent, (b) may be
pursued separately, successively or concurrently against Grantor or others obligated under the Note and the other Loan Documents, or against the Mortgaged Property, or against any one or more of them, at the sole discretion of Beneficiary,
(c) may be exercised as often as occasion therefor shall arise, and the exercise or failure to exercise any of them shall not be construed as a waiver or release thereof or of any other right, remedy or recourse, and (d) are intended to
be, and shall be, nonexclusive. No action by Trustee or Beneficiary in the enforcement of any rights, remedies or recourses under the Loan Documents or otherwise at law or equity shall be deemed to cure any Event of Default. 
  
 4.4 Release of and Resort to Collateral. Beneficiary may release, regardless of
consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or
releasing the lien or security interests created in or evidenced by the Loan Documents or their stature as a second and prior lien and security interest in and to the remaining Mortgaged Property. For payment of the Obligations, Beneficiary may
resort to any other security in such order and manner as Beneficiary may elect. 
  
 4.5 Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor by virtue of any
present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process,
redemption or extension of time for payment, (b) all notices of Trustee’s election to exercise or its actual exercise of any right, remedy or recourse provided for under the Loan Documents, and (c) any right to a marshalling of assets
or a sale in inverse order of alienation. Grantor waives any right or remedy which Grantor may have or be able to assert pursuant to any provision of North Carolina law, including, without limitation, the rights or remedies set forth in N.C. Gen.
Stat. §26-7, et. seq., pertaining to the rights and remedies of sureties. 
  
 4.6 Discontinuance of Proceedings. If Beneficiary shall have proceeded to invoke any right, remedy or recourse permitted under the Loan Documents and shall thereafter elect to discontinue or abandon it for any reason, Beneficiary
shall have the unqualified right to do so and, in such an event, Grantor, Trustee and Beneficiary shall be restored to their former positions with respect to the Obligations, the Loan Documents, the Mortgaged Property and otherwise, and the rights,
remedies, recourses and powers of Trustee and Beneficiary shall continue as if the right, remedy or recourse had never been invoked, but no such discontinuance or abandonment shall waive any 

  

 6 

 
Event of Default that may then exist or the right of Trustee and Beneficiary thereafter to exercise any right, remedy or recourse under the Loan Documents
for such Event of Default. 
  
 4.7 Application of Proceeds. The proceeds of
any sale of, and the Rents and other amounts generated by the holding, leasing, management, operation or other use of the Mortgaged Property, shall be applied by Beneficiary or Trustee (or the receiver, if one is appointed) in the following order
unless otherwise required by the Credit Agreement or applicable law: 
  
 4.7.1 to the payment of the out-of-pocket costs and expenses actually incurred by Beneficiary in taking possession of the Mortgaged Property and of holding, using, leasing, repairing, improving and selling the same, including, without
limitation: (1) trustee’s and receiver’s reasonable fees and expenses, (2) court costs, (3) reasonable out-of-pocket attorneys’ and accountants’ fees and expenses, (4) costs of advertisement, and (5) the
payment of all ground rent, real estate taxes and assessments, except any taxes, assessments or other charges subject to which the Mortgaged Property shall have been sold; 
  
 4.7.2 to the payment of all amounts (including interest), other than the payment of the Obligations, which may be due to
Beneficiary under the Loan Documents; 
  
 4.7.3 to the payment of
the Obligations and performance of the Covenants under the Loan Documents in such manner and order of preference as Beneficiary in its sole discretion may determine in accordance with the terms of the Credit Agreement; and 
  
 4.7.4 the balance, if any, to the payment of the persons legally entitled
thereto. 
  
 4.8 Occupancy After Foreclosure. The purchaser at any
foreclosure sale pursuant to Section 4.1.4 shall become the legal owner of the Mortgaged Property. All occupants of the Mortgaged Property shall, at the option of such purchaser, become tenants of the purchaser at the foreclosure sale
and shall deliver possession thereof immediately to the purchaser upon demand. It shall not be necessary for the purchaser at said sale to bring any action for possession of the Mortgaged Property other than the statutory action of forcible detainer
in any justice court having jurisdiction over the Mortgaged Property. 
  
 4.9
Protective Advances and Disbursements; Costs of Enforcement. 
  
 4.9.1 If any Event of Default exists, Beneficiary shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Grantor. All sums advanced and expenses incurred at any time by Beneficiary under
this Section, or otherwise under this Deed of Trust or any of the other Loan Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the
interest rate applicable to overdue Reimbursement Obligations under Section 3.5(c) of the Credit Agreement, and all such sums, together with interest thereon, shall be secured by this Deed of Trust. 
  
 4.9.2 Grantor shall pay all expenses (including reasonable out-of-pocket
attorneys’ fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust and the other Loan Documents, or the enforcement, compromise or settlement of the Obligations or any claim under this Deed of Trust and the
other Loan Documents, and for the curing thereof, or for 

  

 7 

 
defending or asserting the rights and claims of Beneficiary in respect thereof, by litigation or otherwise. 
  
 4.10 No Beneficiary in Possession. Neither the enforcement of any of the remedies
under this Article, the assignment of the Rents and Leases under Article 5, the security interests under Article 6, nor any other remedies afforded to Trustee or Beneficiary under the Loan Documents, at law or in equity shall cause
Trustee or Beneficiary to be deemed or construed to be a Beneficiary in possession of the Mortgaged Property, to obligate Trustee or Beneficiary to lease the Mortgaged Property or attempt to do so, or to take any action, incur any expense, or
perform or discharge any obligation, duty or liability whatsoever under any of the Leases or otherwise. 
  
 5. ASSIGNMENT OF RENTS AND LEASES 
  
 5.1
Assignment. Grantor hereby grants to Beneficiary a present, absolute assignment of the Leases and Rents. While any Event of Default exists, Beneficiary shall be entitled to (a) notify any person that the Leases have been assigned to
Beneficiary and that all Rents are to be paid directly to Beneficiary, whether or not Trustee or Beneficiary has commenced or completed foreclosure or taken possession of the Mortgaged Property; (b) settle, compromise, release, extend the time
of payment of, and make allowances, adjustments and discounts of any Rents or other obligations under the Leases; (c) enforce payment of Rents and other rights under the Leases, prosecute any action or proceeding, and defend against any claim
with respect to Rents and Leases; (d) enter upon, take possession of and operate the Mortgaged Property; (e) lease all or any part of the Mortgaged Property; and/or (f) perform any and all obligations of Grantor under the Leases and
exercise any and all rights of Grantor therein contained to the full extent of Grantor’s rights and obligations thereunder, with or without the bringing of any action or the appointment of a receiver. For so long as no Event of Default exists,
Grantor shall have a revocable license to deal with and enjoy the rights otherwise described in the preceding sentence. 
  
 5.2 No Obligation. Notwithstanding Beneficiary’s rights hereunder, Beneficiary shall not be obligated to perform, and Beneficiary does not undertake to
perform, any obligation, duty or liability with respect to the Leases or Rents on account of this Deed of Trust. Trustee and Beneficiary shall have no responsibility on account of this Deed of Trust for the control, care, maintenance or repair of
the Mortgaged Property, for any waste committed on the Mortgaged Property, for any dangerous or defective condition of the Mortgaged Property, or for any negligence in the management, upkeep, repair or control of the Mortgaged Property except to the
extent any of the foregoing are caused by Beneficiary or its agents. 
  
 5.3
Right to Apply Rents. Beneficiary shall have the right, but not the obligation, to use and apply any Rents received hereunder in such order and such manner as Beneficiary may determine, including, without limitation, for: (a) the payment
of out-of-pocket costs and expenses of enforcing or defending the terms of this Deed of Trust or the rights of Beneficiary hereunder, and collecting any Rents and (b) the payment of costs and expenses of the operation and maintenance of the
Mortgaged Property. 
  

 8 

 6. SECURITY AGREEMENT 
  
 6.1 Security Interest. This Deed of Trust constitutes a “Security Agreement” on personal property within the meaning of the UCC and other applicable law
and with respect to the Personalty, Fixtures, Plans, Leases, Rents and Property Agreements. To this end, Grantor grants to Trustee and Beneficiary a second and prior security interest in the Personalty, Fixtures, Plans, Leases, Rents and Property
Agreements and all other Mortgaged Property, to the extent the Mortgaged Property may be subject to UCC, that is personal property to secure the payment of the Obligations and performance of the Covenants under the Loan Documents, and agrees that
Trustee and Beneficiary shall have all the rights and remedies of a secured party under the UCC with respect to such property. Any notice of sale, disposition or other intended action by Beneficiary with respect to the Personalty, Fixtures, Plans,
Leases, Rents and Property Agreement sent to Grantor at least ten (10) days prior to any action under the UCC shall constitute commercially reasonable notice to Grantor. 
  
 6.2 Financing Statements. Grantor shall execute and deliver to Beneficiary, in form and substance satisfactory to Beneficiary, such
UCC financing statements and such further forms as Beneficiary may, from time to time, reasonably consider necessary to create, perfect and preserve Beneficiary’s lien priority and security interest hereunder and Beneficiary may cause such
statements and assurances to be recorded and filed, at such times and places as may be required or permitted by law to so create, perfect and preserve such security interest. 
  
 6.3 Fixture Filing. This Deed of Trust shall constitute a fixture filing in accordance with N.C. Gen. Stat. § 25-9-502, to be
recorded in the real estate records of the appropriate county in which the land is located. For purposes of complying with the requirement of N.C. Gen. Stat. § 25-9-502, the name of Grantor, as “debtor”, and Beneficiary, as
“secured party”, and the respective addresses of Grantor, as “debtor”, and Beneficiary, as “secured party”, are set forth on the first page of this Deed of Trust; the types or items of “collateral” are
described in the definition of “Mortgaged Property” appearing in the granting clauses of this Deed of Trust; and the description of the “land” is set forth on Exhibit “A” attached hereto. 
  
 7. CONCERNING THE TRUSTEE 
  
 7.1 Certain Rights. With the approval of Beneficiary, Trustee shall have the right to
select, employ and consult with counsel. Trustee shall have the right to rely on any instrument, document or signature authorizing or supporting any action taken or proposed to be taken by him hereunder, believed by him in good faith to be genuine.
Trustee shall be entitled to reimbursement for actual, reasonable expenses incurred by him in the performance of his duties, including those arising from the joint, concurrent or comparative negligence of Trustee; however, Grantor shall not be
liable under such indemnification to the extent such liability or expenses result solely from Trustee’s gross negligence or willful misconduct hereunder. Grantor shall, from time to time, pay the compensation due to Trustee hereunder and
reimburse Trustee for, and indemnify, defend and save Trustee harmless against, all liability and reasonable expenses which may be incurred by him in the performance of his duties other than liabilities or expenses arising or accruing as a result of
Trustee’s gross negligence or willful misconduct. 

  

 9 

 
Grantor’s obligations under this Section shall not be reduced or impaired by principles of comparative or contributory negligence. 
  
 7.2 Retention of Money. All moneys received by Trustee shall, until used or applied as
herein provided, be held in trust for the purposes for which they were received, but need not be segregated in any manner from any other moneys (except to the extent required by law), and Trustee shall be under no liability for interest on any
moneys received by him hereunder. 
  
 7.3 Successor or Trustee. If Trustee
or any successor Trustee shall die, resign or become disqualified from acting in the execution of this trust, or Beneficiary shall desire to appoint a substitute Trustee, Beneficiary shall have full power to appoint one or more substitute Trustees
and, if preferred, several substitute Trustees in succession who shall succeed to all the estates, rights, powers and duties of Trustee. Such appointment may be executed by any authorized agent of Beneficiary, and as so executed, such appointment
shall be conclusively presumed to be executed with authority, valid and sufficient, without further proof of any action. 
  
 7.4 Perfection of Appointment. Should any deed, conveyance or instrument of any nature be required from Grantor by any successor Trustee to more fully and
certainly vest in and confirm to such successor Trustee such estates, rights, powers and duties, then, upon request by such Trustee, all such deeds, conveyances and instruments shall be made, executed, acknowledged and delivered and shall be caused
to be recorded and/or filed by Grantor. 
  
 7.5 Trustee Liability. In no
event or circumstance shall Trustee or any substitute Trustee hereunder be personally liable under or as a result of this Deed of Trust, either as a result of any action by Trustee (or any substitute Trustee) in the exercise of the powers hereby
granted or otherwise, except due to Trustee’s gross negligence or willful misconduct. 
  
 8. MISCELLANEOUS 
  
 8.1 Notices.
All notices, requests and demands to or upon the respective parties hereto to be effective shall be in writing (including by telecopy), and, unless otherwise expressly provided herein, shall be deemed to have been duly given or made when delivered,
or three Business Days after being deposited in the mail, postage prepaid, or, in the case of telecopy notice, when received, addressed as follows in the case of Grantor, the Beneficiary and the Trustee, or to such other address as may be hereafter
notified by the respective parties hereto: 
  
 If to Grantor, to:

  
 Del Laboratories, Inc. 
 Attention: Chief Financial Officer 
 Telephone: (516) 844-2020 
 Telecopy: (631) 293-1515 
  

 10 

 with a copy to: 
  

Attention: David A. Brittenham 
 Debevoise & Plimpton LLP 
 919 Third Avenue 
 New York, New York 10022 
 Phone: (212) 909-6000 
 Fax: (212) 909-6836 
  
 If to Beneficiary, to: 
  
 JPMorgan Chase Bank, N.A. 
 270 Park Avenue,
4th Floor 
 New York, New York 10017 
 Attention: Neil Boylan 
 Telephone: (212) 270-1410 
 Telecopy: (212) 270-6637 
  
 with a copy to: 
  
 Latham & Watkins LLP 
 885 Third Avenue, Suite 1000 
 New York, NY
10022 
 Attn: Michelle Kelban 
 Telephone: 212-906-1200 
 Telecopy: 212-751-4864 
  
 If to the Trustee, to: 
  
 Attention: Richard von Biberstein 
 Telephone:
(910) 259-6823 
 Telecopy: (910) 259-6823 
  

No notice, request or demand to or upon the Grantor, Beneficiary or the Trustee shall be effective until received. Grantor shall be conclusively deemed to have
received any notice, request or demand if such notice, request or demand is sent by courier service and delivery thereof is confirmed by the courier, if it is sent by fax and receipt thereof is confirmed orally, if it is sent by certified mail or if
it is served by any manner of service of process permitted by law. Notices and other communications to Grantor or Trustee hereunder may be delivered or furnished by electronic communications pursuant to procedures approved by the Beneficiary.
Approval of such procedures may be limited to particular notices or communications. 
  
 8.2 Covenants Running with the Land. All Obligations contained in this Deed of Trust are intended by Grantor, Trustee and Beneficiary to be, and shall be construed as, covenants running with the Mortgaged Property. As used herein,
“Grantor” shall refer to the party named in the first paragraph of this Deed of Trust and to any subsequent owner of all or any portion of the Mortgaged Property (without in any way implying that Beneficiary has or will consent to any such
conveyance or transfer of the Mortgaged Property). All persons or entities who may have or acquire an interest in the Mortgaged Property shall be deemed to have notice of, and be bound 

  

 11 

 
by, the terms of the Credit Agreement and the other Loan Documents; however, no such party shall be entitled to any rights thereunder without the prior
written consent of Beneficiary. 
  
 8.3 Attorney-in-Fact. Grantor hereby
irrevocably appoints Beneficiary, and its successors and assigns, as its attorney-in-fact, which agency is coupled with an interest, (a) to execute and/or record any notices of completion, cessation of labor or any other notices that
Beneficiary deems appropriate to protect Beneficiary’s interest, if Grantor shall fail to do so within ten (10) days after written request by Beneficiary, (b) upon the issuance of a deed pursuant to the foreclosure of this Deed of
Trust or the delivery of a deed in lieu of foreclosure, to execute all instruments of assignment, conveyance or further assurance with respect to the Leases, Rents, Personalty, Fixtures, Plans and Property Agreements in favor of the grantee of any
such deed and as may be necessary or desirable for such purpose, (c) to prepare, execute and file or record financing statements, continuation statements and applications for registration necessary to create, perfect or preserve
Beneficiary’s security interests and rights in or to any of the collateral, and (d) while any Event of Default exists, to perform any obligation of Grantor hereunder; however: (1) Beneficiary shall not under any circumstances be
obligated to perform any obligation of Grantor; (2) any out-of-pocket sums advanced by Beneficiary in such performance shall be added to and included in the Obligations and shall bear interest at the interest rate applicable to overdue
Reimbursement Obligations under Section 3.5(c) of the Credit Agreement; (3) Beneficiary as such attorney-in-fact shall only be accountable for such funds as are actually received by Beneficiary; and (4) Beneficiary shall not be liable
to Grantor or any other person or entity for any failure to take any action that it is empowered to take under this Section. 
  
 8.4 Successors and Assigns. This Deed of Trust shall be binding upon and inure to the benefit of Beneficiary and Grantor and their respective successors and
assigns. Except to the extent expressly permitted by the Credit Agreement, Grantor shall not, without the prior written consent of Beneficiary, assign any rights, duties or obligations hereunder. 
  
 8.5 No Waiver. Any failure by Beneficiary to insist upon strict performance of any of
the terms, provisions or conditions of the Loan Documents shall not be deemed to be a waiver of same, and Beneficiary shall have the right at any time to insist upon strict performance of all of such terms, provisions and conditions. 
  
 8.6 Subrogation. To the extent proceeds of the Loan have been used to extinguish,
extend or renew any indebtedness against the Mortgaged Property, then Beneficiary shall be subrogated to all of the rights, liens and interests existing against the Mortgaged Property and held by the holder of such indebtedness and such former
rights, liens and interests, if any, are not waived, but are continued in full force and effect in favor of Beneficiary. 
  
 8.7 Credit Agreement. If any conflict or inconsistency exists between this Deed of Trust and the Credit Agreement, the Credit Agreement shall govern. 

 
 8.8 Release. Any liens and security interest created by this Deed of Trust shall be
released in accordance with the terms and conditions set forth in the Indenture. At the request and sole expense of Grantor following any such release, Beneficiary shall execute and deliver such documents as Grantor may reasonably request to
evidence such release. Grantor may request 

  

 12 

 
Beneficiary (but at no cost to Beneficiary) to assign this Deed of Trust to a beneficiary designated by Grantor in accordance with the terms and conditions
set forth in the Indenture. 
  
 8.9 Waiver of Stay, Moratorium and Similar
Rights. Grantor agrees, to the full extent that it may lawfully do so, that it will not at any time insist upon or plead or in any way take advantage of any appraisement, valuation, stay, marshalling of assets, extension, redemption or
moratorium law now or hereafter in force and effect so as to prevent or hinder the enforcement of the provisions of this Deed of Trust or the indebtedness secured hereby, or any agreement between Grantor and Beneficiary or any rights or remedies of
Beneficiary. 
  
 8.10 Obligations of Grantor, Joint and Several. If more
than one person or entity has executed this Deed of Trust as “Grantor,” the obligations of all such persons or entities hereunder shall be joint and several. 
  
 8.11 Governing Law. This Deed of Trust shall be governed by the laws of the State in which the Land is located. 
  
 8.12 Headings. The Article, Section and Subsection titles hereof are inserted for
convenience of reference only and shall in no way alter, modify or define, or be used in construing, the text of such Articles, Sections or Subsections. 
  
 8.13 Entire Agreement. This Deed of Trust and the other Loan Documents embody the entire agreement and understanding between Beneficiary and Grantor and supersede
all prior agreements and understandings between such parties relating to the subject matter hereof and thereof. Accordingly, the Loan Documents may not be contradicted by evidence of prior, contemporaneous or subsequent oral agreements of the
parties. There are no unwritten oral agreements between the parties. 
  
 8.14
Future Advances. This Deed of Trust secures future advances that will be made by Lenders to the Grantor. Such future advances, with interest thereon, shall be secured by this Deed of Trust unless the parties shall agree otherwise in writing.
The total principal amount of present Obligations secured by this Deed of Trust is Seventy Five Million and No/100 Dollars ($75,000,000). The outstanding amount that secures Obligations may decrease or increase from time to time but the total unpaid
principal balance so secured at any one time shall not exceed Seventy Five Million and No/100 Dollars ($75,000,000), plus interest thereon, and any and all disbursements made by Beneficiary for the payment of taxes, special assessments or insurance
on the Property, with interest on such disbursements. In accordance with N.C. Gen. Stat. 45-68(1)(c), the maximum period during which future obligations may be incurred and secured by this Deed of Trust shall not extend beyond fifteen years from the
date hereof. 
  
 8.14.1 Disbursements or advances secured hereby,
including, without limitation, all present and future loan disbursements or advances made by the Lenders under the Loan Documents, shall not be required to be evidenced by a “written instrument or notation” as described in N.C. Gen. Stat.
§ 45-68(2), it being the intent of the parties that the requirement of N.C. Gen. Stat. § 45-68(2) for a “written instrument or notation” for each advance or disbursement shall not be applicable to disbursements or advances under
the Loan Documents. 
  

 13 

 8.15 Intercreditor Agreement. Notwithstanding anything herein to the contrary, the lien and security interest
granted to Beneficiary pursuant to this Deed of Trust and the exercise of any right or remedy by Beneficiary hereunder are subject to the provisions of the Intercreditor Agreement. In the event of any inconsistency or conflict between the terms and
provisions of the Intercreditor Agreement and this Deed of Trust, the terms and provisions of the Intercreditor Agreement shall control. 
  

 14 

 IN WITNESS WHEREOF, this Deed of Trust has been duly executed and delivered to Trustee by Grantor on the
date of the acknowledgment attached hereto. 
  

			
	DEL LABORATORIES, INC., a Delaware corporation
		
	 By
	 	 
	 Name:
	 	 
	 Title:
	 	 

							
	STATE OF _______________	 	)	 	 	 	 
	 	 	)	 	ss:	 	 
	COUNTY OF _____________	 	)	 	 	 	 

  
 I,
                    , a Notary Public of the County and State aforesaid, certify that
                     personally came before me this day and acknowledged that he is
                     of Del Laboratories, Inc., a Delaware corporation, and that he as
                    , being authorized to do so, executed the foregoing on behalf of the corporation. Witness my hand and official stamp or
seal, this day of                     , 2005. 
  

	
	
	 
	Notary Public

  
 My commission expires:                      

 EXHIBIT A 
 [Legal Description] 
  
 (see
attached)Registration Rights Agreement

 Exhibit 10.11 
  

  
 REGISTRATION RIGHTS AGREEMENT 
  
 Dated as of
October 28, 2005 
  
 by and among 
  
 DEL LABORATORIES, INC. 
  
 and 
  
 THE GUARANTORS LISTED ON SCHEDULE I HERETO 
  
 and 
  
 BEAR, STEARNS & CO. INC. 
 J.P. MORGAN SECURITIES INC. 
 DEUTSCHE BANK SECURITIES INC. 
  

 This Registration Rights Agreement (this “Agreement”) is made and entered into as
of October 28, 2005, by and among Del Laboratories, Inc., a Delaware corporation (the “Company”), the guarantors listed on Schedule I hereto (the “Guarantors”) and Bear, Stearns &
Co. Inc., J.P. Morgan Securities Inc. and Deutsche Bank Securities Inc. (each an “Initial Purchaser” and, together, the “Initial Purchasers”), who have agreed to purchase the Company’s Senior
Secured Floating Rate Notes due 2011 (the “Initial Notes”) pursuant to the Purchase Agreement (as defined below). 
  
 This Agreement is made pursuant to the Purchase Agreement, dated October 20, 2005 (the “Purchase Agreement”), by and among
the Company, the Guarantors and the Initial Purchasers. In order to induce the Initial Purchasers to purchase the Initial Notes, each of Company and the Guarantors has agreed to provide the registration rights set forth in this Agreement. The
execution and delivery of this Agreement is a condition to the obligations of the Initial Purchasers set forth in Section 8 of the Purchase Agreement. Capitalized terms used herein and not otherwise defined shall have the meaning assigned to
them in the Indenture, dated as of October 28, 2005 (the “Indenture”), among the Company, the Guarantors and Wells Fargo Bank, National Association, as trustee (the “Trustee”), relating to the
Initial Notes and the Exchange Notes (as defined below). 
  
 The
parties hereby agree as follows: 
  
 SECTION 1. DEFINITIONS 
  
 As used in this Agreement, the following capitalized terms shall have the
following meanings: 
  
 Act: The Securities Act of
1933, as amended. 
  
 Affiliate: As defined in Rule
144. 
  
 Blackout Period: As defined in
Section 6(d) hereof. 
  
 Broker-Dealer: Any
broker or dealer registered under the Exchange Act. 
  
 Business Day: Any day other than a Saturday, a Sunday or a day on which banking institutions in the City of New York are authorized by law, regulation or executive order to remain closed. 
  
 Closing Date: The date hereof. 
  
 Commission: The United States Securities and Exchange
Commission. 
  
 Consummate: An Exchange Offer shall
be deemed “Consummated” for purposes of this Agreement upon the occurrence of (a) the filing and effectiveness under the Act of the Exchange Offer Registration Statement relating to the Exchange Notes to be issued in the Exchange
Offer, (b) the maintenance of such Exchange Offer Registration Statement continuously effective and the keeping of the Exchange Offer open for a period not less than the period required pursuant to Section 3(b) hereof and (c) the
delivery by the Company to the Registrar under the Indenture of 

 
Exchange Notes in the same aggregate principal amount as the aggregate principal amount of Initial Notes tendered by Holders thereof pursuant to the Exchange
Offer. 
  
 Consummation Deadline: As defined in
Section 3(b) hereof. 
  
 Exchange Act: The
Securities Exchange Act of 1934, as amended. 
  
 Exchange
Notes: The Company’s Senior Secured Floating Rate Notes due 2011 to be issued pursuant to the Indenture (i) in the Exchange Offer or (ii) as contemplated by Section 4 hereof. 
  
 Exchange Offer: The exchange and issuance by the Company of a
principal amount of Exchange Notes (which shall be registered pursuant to the Exchange Offer Registration Statement) equal to the outstanding principal amount of Initial Notes that are tendered by such Holders in connection with such exchange and
issuance. 
  
 Exchange Offer Effectiveness Deadline:
As defined in Section 3(a) hereof. 
  
 Exchange Offer
Registration Statement: The Registration Statement relating to the Exchange Offer, including the related Prospectus. 
  
 Filing Deadline: As defined in Section 3(a) hereof. 
  
 Holders: As defined in Section 2 hereof. 
  
 Person: An individual, trustee, corporation, partnership, limited liability company, joint stock company,
trust, unincorporated association, union, business association, firm or other legal entity. 
  
 Prospectus: The prospectus included in a Registration Statement at the time such Registration Statement is declared effective, as amended or supplemented by any prospectus supplement and by all other
amendments thereto, including post-effective amendments, and all material incorporated by reference into such Prospectus. 
  
 Recommencement Date: As defined in Section 6(d) hereof. 
  
 Registration Default: As defined in Section 5 hereof. 
  
 Registration Statement: Any registration statement of the
Company and the Guarantors relating to (a) an offering of Exchange Notes pursuant to an Exchange Offer or (b) the registration for resale of Transfer Restricted Securities pursuant to the Shelf Registration Statement, in each case,
(i) that is filed pursuant to the provisions of this Agreement, (ii) including the Prospectus included therein, and (iii) including all amendments and supplements thereto (including post-effective amendments) and all exhibits and
material incorporated by reference therein. 
  
 Rule
144: Rule 144 promulgated under the Act. 
  

 2 

 Shelf Filing Deadline: As defined in Section 4(a) hereof. 
  
 Shelf Registration Statement: As defined in Section 4
hereof. 
  
 Shelf Registration Statement Effectiveness
Deadline: As defined in Section 4(a) hereof. 
  
 Suspension Notice: As defined in Section 6(d) hereof. 
  
 TIA: The Trust Indenture Act of 1939 (15 U.S.C. Section 77aaa-77bbbb) as in effect on the date of the Indenture. 
  
 Transfer Restricted Securities: Each Initial Note until the earliest to occur of (a) the date on which
such Initial Note has been exchanged in the Exchange Offer by a Person other than a Broker-Dealer for an Exchange Note entitled to be resold to the public by the Holder thereof without complying with the prospectus delivery requirements of the Act,
(b) following the exchange by a Broker-Dealer in the Exchange Offer of an Initial Note for an Exchange Note, the earlier of (x) the date that is 90 days after the Consummation of the Exchange Offer and (y) the date on which such
Exchange Note is sold to a purchaser who receives from such Broker-Dealer on or prior to the date of such sale a copy of the Prospectus contained in the Exchange Offer Registration Statement, (c) the date on which such Initial Note has been
effectively registered under the Act and disposed of in accordance with the Shelf Registration Statement (and the purchasers thereof have been issued Exchange Notes) or (d) the date on which such Initial Note is distributed to the public
pursuant to Rule 144. 
  
 SECTION 2. HOLDERS 
  
 A Person is deemed to be a holder of Transfer Restricted Securities (each, a
“Holder”) whenever such Person owns Transfer Restricted Securities. 
  
 SECTION 3. REGISTERED EXCHANGE OFFER 
  
 (a) Unless the Exchange Offer shall not be permitted by applicable law or Commission policy (after the procedures set forth in Section 6(a)(i) below have been complied with), the Company and the Guarantors shall
(i) use all commercially reasonable efforts to cause the Exchange Offer Registration Statement to be filed with the Commission, as soon as practicable after the Closing Date, but in no event later than 90 days after the Closing Date (such
90th day being the “Filing Deadline”), (ii) use all commercially reasonable efforts to
cause such Exchange Offer Registration Statement to become effective at the earliest possible time, but in no event later than the day that is the 180th day after such Exchange Offer Registration Statement was filed with the Commission (such day being the “Exchange Offer Effectiveness Deadline”), (iii) in connection with
the foregoing, (A) file all pre-effective amendments to such Exchange Offer Registration Statement as may be necessary in order to cause it to become effective, (B) file, if applicable, a post-effective amendment to such Exchange Offer
Registration Statement pursuant to Rule 430A under the Act and (C) cause all necessary filings, if any, in connection with the registration and qualification of the Exchange Notes to be made under the blue sky laws of such jurisdictions as are
necessary to permit Consummation of the Exchange Offer, and (iv) upon the effectiveness of such Exchange Offer Registration Statement, use all commercially 

  

 3 

 
reasonable efforts to commence and Consummate the Exchange Offer. The Exchange Offer shall be on the appropriate form permitting (i) registration of the
Exchange Notes to be offered in exchange for the Initial Notes that are Transfer Restricted Securities and (ii) resales of Exchange Notes by Broker-Dealers that tendered into the Exchange Offer Initial Notes that such Broker-Dealer acquired for
its own account as a result of market-making activities or other trading activities (other than Initial Notes acquired directly from the Company or any of its Affiliates) as contemplated by Section 3(c) below. The Exchange Offer shall not be
subject to any conditions, other than that (i) the Exchange Offer does not violate applicable law or any applicable interpretation of the staff of the SEC and (ii) no action or proceeding shall have been instituted or threatened in any
court or by any governmental agency which might materially impair the ability of the Company and the Guarantors to proceed with the Exchange Offer, and no material adverse development shall have occurred in any existing action or proceeding with
respect to the Company and Guarantors. 
  
 (b) The Company and the
Guarantors shall use all of their respective commercially reasonable efforts to cause the Exchange Offer Registration Statement to be effective continuously, and shall keep the Exchange Offer open for a period of not less than the minimum period
required under applicable federal and state securities laws to Consummate the Exchange Offer; provided, however, that in no event shall such period be less than 20 Business Days. The Company and the Guarantors shall cause the Exchange Offer
to comply with all applicable federal and state securities laws. No securities other than the Exchange Notes shall be included in the Exchange Offer Registration Statement. The Company and the Guarantors shall use all of their respective
commercially reasonable efforts to cause the Exchange Offer to be Consummated on the earliest practicable date after the Exchange Offer Registration Statement has become effective, but in no event later than 30 Business Days thereafter, or longer,
if required by applicable law or Commission policy (such 30th (or longer) day being the “Consummation Deadline”). 
  
 (c) The Company and the Guarantors shall include a “Plan of Distribution” section in the Prospectus contained in the Exchange Offer Registration
Statement and indicate therein that any Broker-Dealer who holds Transfer Restricted Securities that were acquired for the account of such Broker-Dealer as a result of market-making activities or other trading activities (other than Initial Notes
acquired directly from the Company or any Affiliate of the Company), may exchange such Transfer Restricted Securities pursuant to the Exchange Offer. Such “Plan of Distribution” section shall also contain all other information with respect
to such sales by such Broker-Dealers that the Commission may require in order to permit such sales pursuant thereto, but such “Plan of Distribution” shall not name any such Broker-Dealer or disclose the amount of Transfer Restricted
Securities held by any such Broker-Dealer, except to the extent required by the Commission as a result of a change in policy, rules or regulations after the date of this Agreement. See the Shearman & Sterling no-action letter
(available July 2, 1993). 
  
 Because such Broker-Dealer may
be deemed to be an “underwriter” within the meaning of the Act and must, therefore, deliver a prospectus meeting the requirements of the Act in connection with its initial sale of any Exchange Notes received by such Broker-Dealer in the
Exchange Offer, the Company and Guarantors shall permit the use of the Prospectus contained in the Exchange Offer Registration Statement by such Broker-Dealer to satisfy such prospectus delivery requirement. To the extent necessary to ensure that
the Prospectus contained in the 

  

 4 

 
Exchange Offer Registration Statement is available for sales of Exchange Notes by Broker-Dealers, the Company and the Guarantors agree to use all of their
commercially reasonable efforts to keep the Exchange Offer Registration Statement continuously effective, supplemented, amended and current as required by and subject to the provisions of Sections 6(a) and (c) hereof and in conformity with the
requirements of this Agreement, the Act and the policies, rules and regulations of the Commission as announced from time to time, for a period of 180 days from the date on which the Exchange Offer is Consummated or such shorter period ending on the
date on which a Broker-Dealer is no longer required to deliver a prospectus in connection with market-making or other trading activities. The Company and the Guarantors shall provide sufficient copies of the latest version of such Prospectus to such
Broker-Dealers, promptly upon request, and in no event later than one Business Day after such request, at any time during such period. 
  
 SECTION 4. SHELF REGISTRATION 
  
 (a) Shelf Registration. If (i) the Company and the Guarantors are not (A) required to file the Exchange Offer Registration Statement or
(B) permitted to Consummate the Exchange Offer because the Exchange Offer is not permitted by applicable law or Commission policy (after the Company and the Guarantors have complied with the procedures set forth in Section 6(a)(i) below)
or (ii) any Holder of Transfer Restricted Securities (A) other than an Initial Purchaser, is prohibited by law or Commission policy from participating in the Exchange Offer, (B) may not resell the Exchange Notes acquired by it in the
Exchange Offer to the public without delivering a prospectus and the Prospectus contained in the Exchange Offer Registration Statement is not appropriate or available for such resales by such Holder (other than, in either case, due solely to the
status of such Holder as an Affiliate of the Company or any Guarantor or due to such Holder’s inability to make the representations in Section 6(a)(ii) hereof) or (C) is an Initial Purchaser and so requests with respect to Initial
Notes that have the status of unsold allotments in an initial distribution, and notification thereof is given by such Holder to the Company prior to the 20th Business Day following the Consummation of the Exchange Offer, then the Company and the
Guarantors shall: 
  
 (x) use all commercially reasonable efforts
on or prior to 60 days after the earlier of (i) the date as of which the Company determines that the Exchange Offer Registration Statement will not be or cannot be, as the case may be, filed as a result of clause (a)(i) above and (ii) the
date on which the Company receives the notice specified in clause (a)(ii) above (such earlier date, the “Shelf Filing Deadline”), to file a shelf registration statement with the Commission pursuant to Rule 415 under the Act
(which may be an amendment to the Exchange Offer Registration Statement (the “Shelf Registration Statement”)), relating to all Transfer Restricted Securities; and 
  
 (y) use all commercially reasonable efforts to cause such Shelf Registration Statement to become effective on or prior to
120 days after the Shelf Filing Deadline (such 120th day, the “Shelf Registration Statement Effectiveness
Deadline”). 
  
 If, after the Company and the
Guarantors have filed an Exchange Offer Registration Statement that satisfies the requirements of Section 3(a) above, the Company and the Guarantors are required to file and make effective a Shelf Registration Statement solely because the
Exchange Offer is not permitted as a result of the circumstances described under clause (a)(i)(B) 

  

 5 

 
above (i.e., applicable federal law or Commission policy), then the filing of the Exchange Offer Registration Statement shall be deemed to satisfy the
requirements of clause (x) above; provided that, in such event, the Company and the Guarantors shall remain obligated to meet the Shelf Registration Statement Effectiveness Deadline. 
  
 To the extent necessary to ensure that the Shelf Registration Statement is
available for sales of Transfer Restricted Securities by the Holders thereof entitled to the benefit of this Section 4(a) and the other securities required to be registered therein pursuant to Section 6(b)(ii) hereof, the Company and the
Guarantors shall use all of their respective commercially reasonable efforts to keep any Shelf Registration Statement required by this Section 4(a) continuously effective, supplemented, amended and current as required by and subject to the
provisions of Sections 6(b) and (c) hereof and in conformity with the requirements of this Agreement, the Act and the policies, rules and regulations of the Commission as announced from time to time, for a period of at least two years (as
extended pursuant to Section 6(d) hereof) following the Closing Date, or such shorter period as will terminate at (i) such time all Transfer Restricted Securities covered by such Shelf Registration Statement have been sold pursuant thereto
or (ii) such time as the applicable Notes may be distributed to the public under Rule 144(k) promulgated under the Securities Act without volume limitation. 
  
 (b) Provision by Holders of Certain Information in Connection with the Shelf Registration Statement. No Holder of
Transfer Restricted Securities may include any of its Transfer Restricted Securities in any Shelf Registration Statement pursuant to this Agreement unless and until such Holder furnishes to the Company in writing, within 20 days after receipt of a
request therefor, the information specified in Item 507 or 508 of Regulation S-K, as applicable, of the Act for use in connection with any Shelf Registration Statement or Prospectus or preliminary prospectus included therein. No Holder of
Transfer Restricted Securities shall be entitled to liquidated damages pursuant to Section 5 hereof unless and until such Holder shall have provided all such information. Each selling Holder agrees to promptly furnish additional information
required to be disclosed in order to make the information previously furnished to the Company by such Holder not materially misleading. 
  
 SECTION 5. LIQUIDATED DAMAGES 
  
 If (i) any Registration Statement required by this Agreement is not filed with the Commission on or prior to the applicable Filing Deadline or Shelf Filing Deadline,
as applicable, (ii) any of such Registration Statements is not declared effective by the Commission on or prior to the Exchange Offer Effectiveness Deadline or the Shelf Registration Statement Effectiveness Deadline, as applicable,
(iii) the Exchange Offer has not been Consummated within 30 Business Days of the Exchange Offer Effectiveness Deadline or (iv) any Registration Statement required by this Agreement is filed and declared effective but thereafter ceases to
be effective or usable for its intended purpose (each such event referred to in clauses (i) through (iv), a “Registration Default”), then the Company and the Guarantors hereby jointly and severally agree to pay to each
Holder of Transfer Restricted Securities affected thereby liquidated damages in an amount equal to a per annum rate of 0.25% on the principal amount of Transfer Restricted Securities held by such Holder for each week or portion thereof that the
Registration Default continues for the first 12-week period immediately following the occurrence of such Registration Default. The amount of the liquidated damages shall increase by an additional per annum rate of 0.25% with 

  

 6 

 
respect to each subsequent 12-week period until all Registration Defaults have been cured, up to a maximum amount of liquidated damages for all Registration
Defaults of 1.0% per annum on the principal amount of Transfer Restricted Securities; provided that liquidated damages on such Transfer Restricted Securities may not accrue under more than one of the foregoing clauses (i) through
(iv) at any one time. Notwithstanding anything to the contrary set forth herein, such liquidated damages shall cease to accrue on such Transfer Restricted Securities (1) upon the filing of the Exchange Offer Registration Statement (and/or,
if applicable the Shelf Registration Statement), in the case of clause (i) above, (2) upon the effectiveness of the Exchange Offer Registration Statement (and/or, if applicable the Shelf Registration Statement), in the case of clause
(ii) above, (3) upon consummation of the Exchange Offer in the case of clause (iii) above, or (4) upon the filing of a post effective amendment to the Registration Statement or an additional Registration Statement that causes the
Exchange Offer Registration Statement (and/or, if applicable the Shelf Registration Statement) to again be declared effective or made usable, in the case of clause (iv) above, the liquidated damages payable with respect to the Transfer
Restricted Securities as a result of such clause (i), (ii), (iii) or (iv), as applicable, shall cease. Without limiting the foregoing, liquidated damages with respect to a failure to file, cause to become effective or maintain the effectiveness
of a Shelf Registration Statement shall cease to accrue upon the consummation of the Exchange Offer in the case of a Shelf Registration Statement required to be filed due to failure to consummate the Exchange Offer within the required period of
time. 
  
 All accrued liquidated damages shall be paid to the
Holders entitled thereto, in the manner provided for the payment of interest in the Indenture, on each Interest Payment Date (as defined in the Indenture), as more fully set forth in the Indenture and the Notes. Notwithstanding the fact that any
securities for which liquidated damages are due cease to be Transfer Restricted Securities, all obligations of the Company and the Guarantors to pay liquidated damages with respect to securities shall survive until such time as such obligations with
respect to such securities shall have been satisfied in full. 
  
 SECTION 6.
REGISTRATION PROCEDURES 
  
 (a) Exchange Offer
Registration Statement. In connection with the Exchange Offer, the Company and the Guarantors shall (x) comply with all applicable provisions of Section 6(c) below, (y) use all of their respective commercially reasonable efforts
to effect such exchange and to permit the resale of Exchange Notes by Broker-Dealers that tendered in the Exchange Offer Initial Notes that such Broker-Dealer acquired for its own account as a result of its market-making activities or other trading
activities (other than Initial Notes acquired directly from the Company or any of its Affiliates) being sold in accordance with the intended method or methods of distribution thereof, and (z) comply with all of the following provisions:

  
 (i) As a condition to its participation in
the Exchange Offer, each Holder of Transfer Restricted Securities (including, without limitation, any Holder who is a Broker-Dealer) shall furnish, upon the request of the Company, prior to the Consummation of the Exchange Offer, a written
representation to the Company and the Guarantors (which may be contained in the letter of transmittal contemplated by the Exchange Offer Registration Statement) to the effect that (A) it is not an Affiliate of either the Company or a Guarantor,
(B) it is not engaged in, and does not intend to engage in, and at the time of 

  

 7 

 
the commencement or consummation of the Exchange Offer, neither such Holder nor, to the actual knowledge of such Holder, any other person receiving Exchange
Notes from such Holder has no arrangement or understanding with any person to participate in, a distribution of the Exchange Notes to be issued in the Exchange Offer, (C) it is acquiring the Exchange Notes in its ordinary course of business and
(D) if such Holder is a Broker-Dealer, such Holder has acquired the Initial Notes as a result of market-making activities or other trading activities and that it will comply with the applicable provisions of the Securities Act (including, but
not limited to, the prospectus delivery requirements thereunder). 
  
 (ii) Prior to effectiveness of the Exchange Offer Registration Statement, the Company and the Guarantors shall provide a supplemental letter to the Commission (A) stating that the Company and the Guarantors are
registering the Exchange Offer in reliance on the position of the Commission enunciated in Exxon Capital Holdings Corporation (available May 13, 1988), Morgan Stanley and Co., Inc. (available June 5, 1991) as interpreted in
the Commission’s letter to Shearman & Sterling dated July 2, 1993, and (B) including a representation that neither the Company nor the Guarantors has entered into any arrangement or understanding with any Person to
distribute the Exchange Notes to be received in the Exchange Offer and that, to the best of the Company’s and the Guarantors’ information and belief, each Holder participating in the Exchange Offer is acquiring the Exchange Notes in its
ordinary course of business and has no arrangement or understanding with any Person to participate in the distribution of the Exchange Notes received in the Exchange Offer. 
  
 (b) Shelf Registration Statement. In connection with the Shelf Registration Statement, the Company and the Guarantors
shall: 
  
 (i) comply with all the provisions of
Section 6(c) below and use all of their respective commercially reasonable efforts to effect such registration to permit the sale of the Transfer Restricted Securities being sold in accordance with the intended method or methods of distribution
thereof (as indicated in the information furnished to the Company pursuant to Section 4(b) hereof), and pursuant thereto the Company and the Guarantors will prepare and file with the Commission a Registration Statement relating to the
registration on any appropriate form under the Act, which form shall be available for the sale of the Transfer Restricted Securities in accordance with the intended method or methods of distribution thereof within the time periods and otherwise in
accordance with the provisions hereof, and 
  
 (ii) issue, upon the request of any Holder or purchaser of Initial Notes covered by any Shelf Registration Statement contemplated by this Agreement, Exchange Notes having an aggregate principal amount equal to the aggregate principal amount
of Initial Notes sold pursuant to the Shelf Registration Statement and surrendered to the Company for cancellation; the Company shall register Exchange Notes on the Shelf Registration Statement for this purpose and issue the Exchange Notes to the
purchaser(s) of securities subject to the Shelf Registration Statement in the names as such purchaser(s) shall designate. 
  

 8 

 (c) General Provisions. In connection with any Registration Statement and any related Prospectus
required by this Agreement, the Company and the Guarantors shall: 
  
 (i) use all of their respective commercially reasonable efforts to keep such Registration Statement continuously effective and provide all requisite financial statements for the period specified in Section 3 or 4
hereof, as applicable. Upon the occurrence of any event that would cause any such Registration Statement or the Prospectus contained therein (A) to contain an untrue statement of material fact or omit to state any material fact required to be
stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading or (B) not to be effective and usable for resale of Transfer Restricted Securities during the period
required by this Agreement, the Company and the Guarantors shall file promptly an appropriate amendment to such Registration Statement curing such defect, and, if Commission review is required, use all of their respective commercially reasonable
efforts to cause such amendment to be declared effective as soon as practicable; 
  
 (ii) use all of their respective commercially reasonable efforts to prepare and file with the Commission such amendments and
post-effective amendments to the applicable Registration Statement as may be necessary to keep such Registration Statement effective for the applicable period set forth in Section 3 or 4 hereof, as the case may be; cause the Prospectus to be
supplemented by any required Prospectus supplement, and as so supplemented to be filed pursuant to Rule 424 under the Act, and to comply with Rules 424, 430A and 462, as applicable, under the Act in a timely manner; and comply with the provisions of
the Act with respect to the disposition of all securities covered by such Registration Statement during the applicable period in accordance with the intended method or methods of distribution by the sellers thereof set forth in such Registration
Statement or supplement to the Prospectus; 
  
 (iii) advise each Holder promptly and, if requested by such Holder, confirm such advice in writing, (A) when the Prospectus or any Prospectus supplement or post-effective amendment has been filed, and, with respect to any applicable
Registration Statement or any post-effective amendment thereto, when the same has become effective, (B) of any request by the Commission for amendments to the Registration Statement or amendments or supplements to the Prospectus or for
additional information relating thereto, (C) of the issuance by the Commission of any stop order suspending the effectiveness of the Registration Statement under the Act or of the suspension by any state securities commission of the
qualification of the Transfer Restricted Securities for offering or sale in any jurisdiction, or the initiation of any proceeding for any of the preceding purposes, and (D) of the existence of any fact or the happening of any event that makes
any statement of a material fact made in the Registration Statement, the Prospectus, any amendment or supplement thereto or any document incorporated by reference therein untrue in any material respect, or that requires the making of any additions
to or changes in the Registration Statement in order to make the statements therein not misleading, or that requires the making of any additions to or changes in the Prospectus in order to make the statements therein, in the light of the
circumstances under which they were made, not misleading. If at any time the Commission shall issue any stop order suspending the effectiveness of the Registration Statement, or any state 

  

 9 

 
securities commission or other regulatory authority shall issue an order suspending the qualification or exemption from qualification of the Transfer
Restricted Securities under state securities or blue sky laws, the Company and the Guarantors shall use all of their respective commercially reasonable efforts to obtain the withdrawal or lifting of such order at the earliest possible time;

  
 (iv) subject to Section 6(c)(i), if any
fact or event contemplated by Section 6(c)(iii)(D) above shall exist or have occurred, use all of their respective commercially reasonable efforts to prepare a supplement or post-effective amendment to the Registration Statement or related
Prospectus or any document incorporated therein by reference or file any other required document so that, as thereafter delivered to the purchasers of Transfer Restricted Securities, the Prospectus will not contain an untrue statement of a material
fact or omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; 
  

(v) furnish to each Holder in connection with any exchange or sale pursuant to such Registration Statement or any such related
Prospectus, if any, before filing with the Commission, copies of any Registration Statement or any Prospectus included therein or any amendments or supplements to any such Registration Statement or Prospectus (including all documents incorporated by
reference after the initial filing of such Registration Statement), which documents will be subject to the review and comment of such Holders in connection with such sale, if any, for a period of at least five Business Days prior to such filing, and
the Company will not file any such Registration Statement or Prospectus or any amendment or supplement to any such Registration Statement or Prospectus (including all such documents incorporated by reference) to which such Holders shall reasonably
object within five Business Days after the receipt thereof; provided, however, that if the Company’s failure to file a Registration Statement or Prospectus, or any amendments or supplements thereto, in the applicable time periods as set
forth in Sections 3 or 4 hereof, is based solely upon such an objection, then the applicable time periods as set forth in Sections 3 or 4 hereof, as applicable, shall be extended by an additional 30 days. A Holder shall be deemed to have reasonably
objected to such filing if such Registration Statement, amendment, Prospectus or supplement, as applicable, as proposed to be filed, contains an untrue statement of a material fact or omits to state any material fact required to be stated therein or
necessary to make the statements therein not misleading or fails to comply with the applicable requirements of the Act; 
  
 (vi) make available on a confidential basis, at reasonable times and in a reasonable manner, for inspection by a representative of, and
not more than one counsel acting for Holders of, a majority of the outstanding aggregate principal amount of the Transfer Restricted Securities being sold, all financial and other records, pertinent corporate documents of the Company and the
Guarantors and cause the Company’s and the Guarantors’ officers, directors and employees to supply all information reasonably necessary to conduct reasonable investigation within the meaning of Section 11 of the Act in connection with
such Registration Statement or any post-effective amendment thereto subsequent to the filing thereof and prior to its effectiveness; provided, however, 

  

 10 

 
that the foregoing investigation and information gathering shall be coordinated on behalf of all such parties by one counsel designated by and on behalf of
all such parties; 
  
 (vii) if requested by
Holders of a majority of the outstanding aggregate principal amount of the Transfer Restricted Securities in connection with any exchange or sale pursuant to such Registration Statement or any such related Prospectus, promptly include in any
Registration Statement or Prospectus, pursuant to a supplement or post-effective amendment if necessary, such information as such Holders may reasonably request to have included therein, including, without limitation, information relating to the
“Plan of Distribution” of the Transfer Restricted Securities, information with respect to the principal amount of Transfer Restricted Securities being sold, the purchase price being paid therefor and any other terms of the offering of the
Transfer Restricted Securities to be sold in such offering; and make all required filings of such Prospectus supplement or post-effective amendment as soon as practicable after the Company is notified of the matters to be included in such Prospectus
supplement or post-effective amendment; 
  
 (viii) if requested by any Holders in connection with any exchange or sale pursuant to such Registration Statement or any such related Prospectus, promptly include in any Registration Statement or Prospectus, pursuant to a supplement or
post-effective amendment if necessary, such information as such Holders may reasonably request with respect to such Holder as such Holder may reasonably request to have included therein; 
  
 (ix) furnish to each Holder in connection with any exchange or sale pursuant to such Registration Statement
or any such related Prospectus, without charge, at least one copy of the Registration Statement, as first filed with the Commission, and of each amendment thereto, including financial statements and schedules, all documents incorporated by reference
therein and all exhibits (including exhibits incorporated therein by reference); 
  
 (x) deliver to each Holder without charge, as many copies of the Prospectus (including each preliminary prospectus) and any amendment or
supplement thereto as such Persons reasonably may request; and, while the applicable Registration Statement remains effective and subject to Section 6(d) hereof, the Company and the Guarantors hereby consent to the use (in accordance with law)
of the Prospectus and any amendment or supplement thereto by each selling Holder in connection with the offering and the sale of the Transfer Restricted Securities covered by the Prospectus or any amendment or supplement thereto; 
  

 11 

 (xi) upon the request of any Holder, enter into such agreements (including underwriting
agreements) and make such representations and warranties and take all such other actions in connection therewith in order to expedite or facilitate the disposition of the Transfer Restricted Securities pursuant to any applicable Registration
Statement contemplated by this Agreement as may be reasonably requested by any Holder in connection with any sale or resale pursuant to any applicable Registration Statement. In such connection, the Company and the Guarantors shall: 
  
 (A) upon request of the Holders of a majority of the
outstanding aggregate principal amount of the Transfer Restricted Securities being sold, furnish (or in the case of paragraphs (2) and (3), use all commercially reasonable efforts to cause to be furnished) to each Holder, upon Consummation of
the Exchange Offer or upon the effectiveness of the Shelf Registration Statement, as the case may be: 
  
 (1) a certificate, dated such date, signed on behalf of the Company and each Guarantor by (x) the President or any Vice President
and (y) a principal financial or accounting officer of the Company and such Guarantor, confirming to the extent possible, as of the date thereof, the matters set forth in Section 8(e) of the Purchase Agreement and such other similar
matters as are customarily made by issuers to underwriters in underwritten offerings of debt securities similar to the Transfer Restricted Securities; 
  
 (2) an opinion, dated the date of Consummation of the Exchange Offer or the date of effectiveness of the Shelf Registration Statement, as
the case may be, of counsel for the Company and the Guarantors , addressed to the underwriters, in customary form subject to customary limitations, assumptions and exclusions and covering such matters, of the type customarily covered by opinions
reasonably requested in connection with underwritten offerings; and 
  
 (3) a customary comfort letter, dated the date of Consummation of the Exchange Offer, or as of the date of effectiveness of the Shelf Registration Statement, as the case may be, from the Company’s independent
accountants, in the customary form and covering matters of the type customarily covered in comfort letters to underwriters in connection with underwritten offerings; and 
  
 (B) deliver such other documents and certificates as may be reasonably requested by the Holders of a
majority of the outstanding aggregate principal amount of the Transfer Restricted Securities being sold to evidence compliance with the matters covered in clause (A) above and with any customary conditions contained in any agreement entered
into by the Company and the Guarantors pursuant to this clause (xi); 
  
 (xii) prior to any public offering of Transfer Restricted Securities, cooperate with the selling Holders and their counsel in connection with the registration and qualification of the Transfer Restricted Securities
under the securities or blue sky laws of such jurisdictions as the selling Holders may reasonably request and use all of their respective commercially reasonable efforts to do any and all other acts or things necessary or advisable to enable the
disposition in such jurisdictions of the Transfer Restricted Securities covered by the applicable Registration Statement; provided, however, that neither the Company nor the Guarantors shall be required to register or qualify as a foreign
corporation where it is not now so qualified or to take any action that 

  

 12 

 
would subject it to the service of process in suits or to taxation, other than as to matters and transactions relating to the Registration Statement, in any
jurisdiction where it is not now so subject; 
  
 (xiii) in connection with any sale of Transfer Restricted Securities that will result in such securities no longer being Transfer Restricted Securities, cooperate with the Holders to facilitate the timely preparation and delivery of
certificates representing Transfer Restricted Securities to be sold and not bearing any restrictive legends; and to register such Transfer Restricted Securities in such denominations and such names as the selling Holders may request at least two
Business Days prior to such sale of Transfer Restricted Securities; 
  
 (xiv) use all of their respective commercially reasonable efforts to cause the disposition of the Transfer Restricted Securities covered by the Registration Statement to be registered with or approved by such other
governmental agencies or authorities as may be necessary to enable the seller or sellers thereof to consummate the disposition of such Transfer Restricted Securities, subject to the proviso contained in clause (xii) above; 
  
 (xv) provide a CUSIP number for all Transfer Restricted
Securities not later than the effective date of a Registration Statement covering such Transfer Restricted Securities and provide the Trustee under the Indenture with printed certificates for the Transfer Restricted Securities which are in a form
eligible for deposit with the Depository Trust Company; 
  
 (xvi) otherwise use all of their respective commercially reasonable efforts to comply with all applicable rules and regulations of the Commission, and make generally available to its security holders with regard to
any applicable Registration Statement, as soon as practicable, a consolidated earnings statement meeting the requirements of Rule 158 under the Act (which need not be audited) covering a twelve-month period (i) commencing at the end of any
fiscal quarter in which Transferred Restricted Securities are sold to underwriters in a firm commitment or best efforts underwritten offering and (ii) if not sold to underwriters in such an offering, commencing on the first month of the
Company’s first fiscal quarter, after the effective date of a Registration Statement; 
  
 (xvii) cause the Indenture to be qualified under the TIA not later than the effective date of the first Registration Statement required by
this Agreement and, in connection therewith, cooperate with the Trustee and the Holders to effect such changes to the Indenture as may be required for such Indenture to be so qualified in accordance with the terms of the TIA; and execute and use all
of their respective commercially reasonable efforts to cause the Trustee to execute, all documents that may be required to effect such changes and all other forms and documents required to be filed with the Commission to enable such Indenture to be
so qualified in a timely manner; and 
  
 (xviii)
provide promptly to each Holder, upon request, each document filed with the Commission pursuant to the requirements of Section 13 or Section 15(d) of the Exchange Act. 
  

 13 

 (d) Restrictions on Holders. Each Holder agrees by acquisition of a Transfer Restricted Security
that, upon receipt of the notice referred to in Section 6(c)(iii)(C) or any notice from the Company of the existence of any fact of the kind described in Section 6(c)(iii)(D) hereof or (iii) commencement of a Blackout Period (in each
case, a “Suspension Notice”), such Holder will forthwith discontinue disposition of Transfer Restricted Securities pursuant to the applicable Registration Statement until (i) such Holder has received copies of the
supplemented or amended Prospectus contemplated by Section 6(c)(iv) hereof, or (ii) such Holder is advised in writing by the Company that the use of the Prospectus may be resumed, and has received copies of any additional or supplemental
filings that are incorporated by reference in the Prospectus (in each case, the “Recommencement Date”). Each Holder receiving a Suspension Notice hereby agrees that it will either (i) destroy any Prospectuses, other than
permanent file copies, then in such Holder’s possession which have been replaced by the Company with more recently dated Prospectuses or (ii) deliver to the Company (at the Company’s expense) all copies, other than permanent file
copies, then in such Holder’s possession of the Prospectus covering such Transfer Restricted Securities that was current at the time of receipt of the Suspension Notice. The time period regarding the effectiveness of such Registration Statement
set forth in Section 3 or 4 hereof, as applicable, shall be extended by a number of days equal to the number of days in the period from and including the date of delivery of the Suspension Notice to the Recommencement Date. 
  
 Notwithstanding anything to the contrary in this Agreement, the Company, upon
notice to the Holders of Transfer Restricted Securities that the applicable Registration Statement is unusable pending a material development (but not for the purpose of avoiding its obligations under this Agreement in a manner contrary to the
intent of the Agreement), may suspend the use of the Prospectus included in any Registration Statement for a period of time (the “Blackout Period”) not to exceed an aggregate of 60 days in any twelve month period;
provided, that, upon the termination of such Blackout Period, the Company promptly shall notify the Holders of Transfer Restricted Securities that such Blackout Period has been terminated. 
  
 SECTION 7. REGISTRATION EXPENSES 
  
 (a) All expenses incident to the Company’s and the Guarantors’
performance of or compliance with this Agreement will be borne by the Company, regardless of whether a Registration Statement becomes effective, including without limitation: (i) all registration and filing fees and expenses; (ii) all fees
and expenses of compliance with federal securities and state Blue Sky or securities laws; (iii) all expenses of printing (including printing certificates for the Exchange Notes to be issued in the Exchange Offer and printing of Prospectuses),
messenger and delivery services and telephone; (iv) all fees and disbursements of counsel for the Company, the Guarantors and the Holders of Transfer Restricted Securities; (v) all application and filing fees in connection with listing the
Exchange Notes on a national securities exchange or automated quotation system pursuant to the requirements hereof; and (vi) all fees and disbursements of independent certified public accountants of the Company and the Guarantors (including the
expenses of any special audit letters required by or incident to such performance); but excluding any and all fees and expenses of any advisors to the Initial Purchaser and each Holder (except as set forth in Section 7(b) below) and
underwriting discounts and commissions and transfer taxes, if any, relating to the sale or disposition of Transfer Restricted Securities by a Holder pursuant to any Registration Statement. 
  

 14 

 The Company will, in any event, bear its and the Guarantors’ internal expenses (including, without
limitation, all salaries and expenses of its officers and employees performing legal or accounting duties), the expenses of any annual audit and the fees and expenses of any Person, including special experts, retained by the Company or the
Guarantors. 
  
 (b) In connection with any Registration Statement
required by this Agreement (including, without limitation, the Exchange Offer Registration Statement and the Shelf Registration Statement), regardless of whether a Registration Statement becomes effective, the Company will reimburse the Initial
Purchaser and the Holders of Transfer Restricted Securities being tendered into in the Exchange Offer and/or resold pursuant to the “Plan of Distribution” contained in the Exchange Offer Registration Statement or registered pursuant to the
Shelf Registration Statement, as applicable, for the reasonable fees and disbursements of not more than one counsel, who shall be Latham & Watkins LLP, unless another firm shall be chosen by the Holders of the outstanding aggregate
principal amount of the Transfer Restricted Securities for whose benefit such Registration Statement is being prepared. 
  
 SECTION 8. INDEMNIFICATION 
  
 (a) The Company and the Guarantors agree, jointly and severally, to indemnify and hold harmless each Holder, its directors, officers and each Person, if
any, who controls such Holder (within the meaning of Section 15 of the Act or Section 20 of the Exchange Act), from and against any and all losses, claims, damages, liabilities, judgments, and expenses (including without limitation, any
legal or other expenses incurred in connection with investigating, preparing or defending any matter, including any action that could give rise to any such losses, claims, damages, liabilities or judgments) caused by any untrue statement or alleged
untrue statement of a material fact contained in any Registration Statement, preliminary prospectus or Prospectus (or any amendment or supplement thereto) provided by the Company to any Holder or any prospective purchaser of Exchange Notes or
registered Initial Notes, or caused by any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading; provided, that neither the Company nor any
Guarantor shall be liable in any such case to the extent that any such losses, claims, damages, liabilities or judgments are caused by an untrue statement or omission or alleged untrue statement or omission that is based upon information relating to
any of the Holders furnished in writing to the Company by any of the Holders; provided, further, that that with respect to any untrue statement or omission or alleged untrue statement or omission made in any prospectus, or any amendment or
supplement thereto, or any preliminary prospectus relating to a Registration Statement, the indemnity contained in this Section 8 shall not inure to the benefit of any indemnified party from whom the Person asserting any such loss, claim,
damage or liability purchased the Transfer Restricted Securities concerned to the extent (i) that a prospectus relating to such Transfer Restricted Securities was required to be delivered to such Person, and there was not given or sent to such
Person, at or prior to the written confirmation of the sale of such Transfer Restricted Securities to such Person, a copy of the final prospectus (in the case of any such preliminary prospectus) or a prospectus supplement (in any other case) if the
Company had previously furnished copies thereof to such indemnified party in sufficient quantity and sufficiently in advance of the time of such written confirmation to allow for distribution by the time of such written confirmation, (ii) such
untrue statement or omission or alleged untrue statement or omission was corrected in such final prospectus or prospectus amendment or 

  

 15 

 
supplement in a manner that would have cured the defect giving rise to such loss, claim, damage or liability. The indemnity provided for in this
Section 8 will be in addition to any liability that the Company or any Guarantor may otherwise have to the indemnified parties. Neither the Company nor any Guarantor shall be liable under this Section 8 for any settlement of any claim or
action effected without its prior written consent, which shall not be unreasonably withheld. 
  
 (b) Each Holder of Transfer Restricted Securities agrees, severally and not jointly, to indemnify and hold harmless the Company and the Guarantors, and each of their respective directors and each of their respective
officers who sign any Registration Statement, and each person, if any, who controls (within the meaning of Section 15 of the Act or Section 20 of the Exchange Act) the Company or the Guarantors to the same extent as the foregoing indemnity
from the Company and the Guarantors set forth in section (a) above, but only with reference to information relating to such Holder furnished in writing to the Company by such Holder expressly for use in any Registration Statement. In no event
shall any Holder, its directors, officers or any Person who controls such Holder be liable or responsible for any amount in excess of the amount by which the total amount received by such Holder with respect to its sale of Transfer Restricted
Securities pursuant to a Registration Statement exceeds (i) the amount paid by such Holder for such Transfer Restricted Securities and (ii) the amount of any damages that such Holder, its directors, officers or any Person who controls such
Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. The indemnity provided for in this Section 8 will be in addition to any liability that each Holder may otherwise
have to the indemnified parties. No Holder shall be liable under this Section 8 for any settlement of any claim or action effected without such Holder’s prior written consent, which shall not be unreasonably withheld. 
  
 (c) In case any action shall be commenced involving any person in respect of
which indemnity may be sought pursuant to Section 8(a) or 8(b) (the “indemnified party”), the indemnified party shall promptly notify the person against whom such indemnity may be sought (the “indemnifying
person”) in writing and the indemnifying party shall assume the defense of such action (but the failure so to notify an indemnifying party shall not relieve it from any liability that it may have under this Section 8 except to the
extent that it has been prejudiced in any material respect by such failure or from any liability that it may otherwise have and shall not relieve it from any liability that it may have otherwise than under this Agreement), including the employment
of counsel reasonably satisfactory to the indemnified party and the payment of all fees and expenses of such counsel, as incurred (except that in the case of any action in respect of which indemnity may be sought pursuant to both Sections 8(a) and
8(b), a Holder shall not be required to assume the defense of such action pursuant to this Section 8(c), but may employ separate counsel and participate in the defense thereof, but the fees and expenses of such counsel, except as provided
below, shall be at the expense of the Holder). Any indemnified party shall have the right to employ separate counsel in any such action and participate in the defense thereof, but the fees and expenses of such counsel shall be at the expense of the
indemnified party unless (i) the employment of such counsel shall have been specifically authorized in writing by the indemnifying party, (ii) the indemnifying party shall have failed to assume the defense of such action or employ counsel
reasonably satisfactory to the indemnified party or (iii) the named parties to any such action (including any impleaded parties) include both the indemnified party and the indemnifying party, and the indemnified party shall have been advised by
such counsel that there may be one or more legal defenses available to it which are 

  

 16 

 
different from or additional to those available to the indemnifying party (in which case the indemnifying party shall not have the right to assume the
defense of such action on behalf of the indemnified party). In any such case, the indemnifying party shall not, in connection with any one action or separate but substantially similar or related actions in the same jurisdiction arising out of the
same general allegations or circumstances, be liable for the fees and expenses of more than one separate firm of attorneys (in addition to any local counsel) for all indemnified parties and all such fees and expenses shall be reimbursed as they are
incurred. Such firm shall be designated in writing by the Holders of a majority of the outstanding aggregate principal amount of the Transfer Restricted Securities, in the case of the parties indemnified pursuant to Section 8(a), and by the
Company and Guarantors, in the case of parties indemnified pursuant to Section 8(b). The indemnifying party shall indemnify and hold harmless the indemnified party from and against any and all losses, claims, damages, liabilities and judgments
by reason of any settlement of any action (i) effected with its written consent or (ii) effected without its written consent if the settlement is entered into more than twenty Business Days after the indemnifying party shall have received
a request from the indemnified party for reimbursement for the fees and expenses of counsel (in any case where such fees and expenses are at the expense of the indemnifying party) and, prior to the date of such settlement, the indemnifying party
shall have failed to comply with such reimbursement request. No indemnifying party shall, without the prior written consent of the indemnified party, effect any settlement or compromise of, or consent to the entry of judgment with respect to, any
pending or threatened action in respect of which the indemnified party is or could have been a party and indemnity or contribution may be or could have been sought hereunder by the indemnified party, unless such settlement, compromise or judgment
(i) includes an unconditional release of the indemnified party from all liability on claims that are or could have been the subject matter of such action and (ii) does not include a statement as to or an admission of fault, culpability or
a failure to act, by or on behalf of the indemnified party. 
  
 (d) To the extent that the indemnification provided for in this Section 8 is unavailable to an indemnified party in respect of any losses, claims, damages, liabilities or judgments referred to therein, then each indemnifying party, in
lieu of indemnifying such indemnified party, shall contribute to the amount paid or payable by such indemnified party as a result of such losses, claims, damages, liabilities or judgments (i) in such proportion as is appropriate to reflect the
relative benefits received by the Company and the Guarantors, on the one hand, and the Holders, on the other hand, from their sale of Transfer Restricted Securities or (ii) if the allocation provided by clause 8(d)(i) above is not permitted by
applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred to in clause 8(d)(i) above but also the relative fault of the Company and the Guarantors, on the one hand, and of the Holder, on the other hand,
in connection with the statements or omissions which resulted in such losses, claims, damages, liabilities or judgments, as well as any other relevant equitable considerations. The relative fault of the Company and the Guarantors, on the one hand,
and of the Holder, on the other hand, shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information
supplied by the Company or the Guarantors, on the one hand, or by the Holder, on the other hand, and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. 
  

 17 

 The Company, the Guarantors and each Holder agree that it would not be just and equitable if contribution
pursuant to this Section 8(d) were determined by pro rata allocation (even if the Holders were treated as one entity for such purpose) or by any other method of allocation which does not take account of the equitable considerations referred to
in the immediately preceding paragraph. The amount paid or payable by an indemnified party as a result of the losses, claims, damages, liabilities or judgments referred to in the immediately preceding paragraph shall be deemed to include, subject to
the limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any matter, including any action that could have given rise to such losses, claims, damages,
liabilities or judgments. Notwithstanding the provisions of this Section 8, no Holder, its directors, its officers or any Person, if any, who controls such Holder shall be required to contribute, in the aggregate, any amount in excess of the
amount by which the total received by such Holder with respect to the sale of Transfer Restricted Securities pursuant to a Registration Statement exceeds (i) the amount paid by such Holder for such Transfer Restricted Securities and
(ii) the amount of any damages which such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of
Section 11(f) of the Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the
respective principal amount of Transfer Restricted Securities held by each Holder hereunder and not joint. 
  
 SECTION 9. RULE 144A AND RULE 144 
  
 The Company and the Guarantors agree with each Holder, for so long as any Transfer Restricted Securities remain outstanding and during any period in which the Company or the Guarantors (i) are not subject to
Section 13 or 15(d) of the Exchange Act, to make available, upon request of any Holder, to such Holder or beneficial owner of Transfer Restricted Securities in connection with any sale thereof and any prospective purchaser of such Transfer
Restricted Securities designated by such Holder or beneficial owner, the information required by Rule 144A(d)(4) under the Act in order to permit resales of such Transfer Restricted Securities pursuant to Rule 144A under the Act, and
(ii) are subject to Section 13 or 15(d) of the Exchange Act, to make all filings required thereby in a timely manner in order to permit resales of such Transfer Restricted Securities pursuant to Rule 144. 
  
 SECTION 10. UNDERWRITTEN OFFERINGS 
  
 If any of the Transfer Restricted Securities covered by any Registration
Statement are to be sold in an underwritten offering, the investment banker or investment bankers and manager or managers that will manage the offering will be selected by the Holders of a majority of the outstanding aggregate principal amount of
such Transfer Restricted Securities included in such offering subject to the consent of the Issuer (not to be unreasonably withheld). Such Holders shall be responsible for all underwriting commissions and discounts in connection therewith.

  
 No Holder of Transfer Restricted Securities may participate in
any underwritten registration hereunder unless such Holder (a) agrees to sell such Holder’s Transfer Restricted Securities on the basis provided in any underwriting arrangements approved by the Persons 

  

 18 

 
entitled hereunder to approve such arrangements and (b) completes and executes all questionnaires, powers of attorney, indemnities, underwriting
agreements and other documents required under the terms of such underwriting arrangements. 
  
 SECTION 11. MISCELLANEOUS 
  
 (a) Remedies. The Company and the Guarantors acknowledge and agree that any failure by the Company and/or the Guarantors to comply with their respective obligations under Sections 3 and 4 hereof may result in material irreparable
injury to the Initial Purchasers or the Holders for which there is no adequate remedy at law, that it will not be possible to measure damages for such injuries precisely and that, in the event of any such failure, the Initial Purchasers or any
Holder may obtain such relief as may be required to specifically enforce the Company’s and the Guarantors’ obligations under Sections 3 and 4 hereof. The Company and the Guarantors further agree to waive the defense in any action for
specific performance that a remedy at law would be adequate. 
  
 (b) No Inconsistent Agreements. Neither the Company nor the Guarantors will, on or after the date of this Agreement, enter into any agreement with respect to its securities that is inconsistent with the rights granted to the Holders
in this Agreement or otherwise conflicts with the provisions hereof. Neither the Company nor the Guarantors have previously entered into, nor is currently party to, any agreement granting any registration rights with respect to its securities to any
Person that would require such securities to be included in any Registration Statement filed hereunder. The rights granted to the Holders hereunder do not in any way conflict with and are not inconsistent with the rights granted to the holders of
the Company’s and the Guarantors’ securities under any agreement in effect on the date hereof. 
  
 (c) Amendments and Waivers. The provisions of this Agreement may not be amended, modified or supplemented, and waivers or consents to or departures
from the provisions hereof may not be given unless (i) in the case of Section 5 hereof and this Section 11(c)(i), the Company has obtained the written consent of Holders of all outstanding Transfer Restricted Securities and
(ii) in the case of all other provisions hereof, the Company has obtained the written consent of Holders of a majority of the outstanding aggregate principal amount of Transfer Restricted Securities (excluding Transfer Restricted Securities
held by the Company or its Affiliates). Notwithstanding the foregoing, a waiver or consent to departure from the provisions hereof that relates exclusively to the rights of Holders whose Transfer Restricted Securities are being tendered pursuant to
the Exchange Offer, and that does not affect directly or indirectly the rights of other Holders whose Transfer Restricted Securities are not being tendered pursuant to such Exchange Offer, may be given by the Holders of a majority of the outstanding
aggregate principal amount of Transfer Restricted Securities subject to such Exchange Offer. 
  
 (d) Additional Guarantors. The Company shall cause any of its Domestic Restricted Subsidiaries (as defined in the Indenture) that becomes, prior to the consummation of the Exchange Offer, a Guarantor in
accordance with the terms and provisions of the Indenture to become a party to this Agreement as a Guarantor. It is understood and agreed that if, prior to the Exchange Offer, a Guarantor that has executed this Agreement is no longer a Guarantor
under 

  

 19 

 
the Indenture pursuant to and in accordance with the provisions of the Indenture, such Guarantor shall no longer be a Guarantor for purposes of this
Agreement. 
  
 (e) Third Party Beneficiary. The Holders
shall be third party beneficiaries to the agreements made hereunder between the Company and the Guarantors, on the one hand, and the Initial Purchasers, on the other hand, and shall have the right to enforce such agreements directly to the extent
they may deem such enforcement necessary or advisable to protect its rights or the rights of Holders hereunder. 
  
 (f) Notices. All notices and other communications provided for or permitted hereunder shall be made in writing by hand-delivery, first-class mail
(registered or certified, return receipt requested), telecopier or air courier guaranteeing overnight delivery: 
  
 (i) if to a Holder, at the address set forth on the records of the Registrar under the Indenture, with a copy to the Registrar under the
Indenture; and 
  
 (ii) if to the Company or the
Guarantors: 
  
 Del Laboratories, Inc. 
 178 EAB Plaza 
 Uniondale, New York 11556

 Telecopier No.: (631) 293-1515 
 Attention: Chief Financial Officer 
  
 With a copy to:

  
 Debevoise & Plimpton LLP 
 919 Third Avenue 
 New York, New York 10022

 Telecopier No.: (212) 909-6836 
 Attention: Peter J. Loughran, Esq. 
  
 All such notices
and communications shall be deemed to have been duly given: at the time delivered by hand, if personally delivered; five Business Days after being deposited in the mail, postage prepaid, if mailed; when receipt acknowledged, if telecopied; and on
the next Business Day, if timely delivered to an air courier guaranteeing overnight delivery. 
  
 Copies of all such notices, demands or other communications shall be concurrently delivered by the Person giving the same to the Trustee at the address specified in the Indenture. 
  
 (g) Successors and Assigns. This Agreement shall inure to the benefit
of and be binding upon the successors and assigns of each of the parties, including without limitation and without the need for an express assignment, subsequent Holders; provided that nothing herein shall be deemed to permit any assignment,
transfer or other disposition of Transfer Restricted Securities in violation of the terms hereof or of the Purchase Agreement or the Indenture. If any transferee of any Holder shall acquire Transfer Restricted Securities in any manner, whether by
operation of law or otherwise, such Transfer Restricted Securities shall be held subject to all of the terms of this Agreement, and by taking and holding such Transfer Restricted Securities such 

  

 20 

 
Person shall be conclusively deemed to have agreed to be bound by and to perform all of the terms and provisions of this Agreement, including the
restrictions on resale set forth in this Agreement and, if applicable, the Purchase Agreement, and such Person shall be entitled to receive the benefits hereof. 
  

(h) Counterparts. This Agreement may be executed in any number of counterparts and by the parties hereto in separate counterparts, each of which
when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. 
  
 (i) Headings. The headings in this Agreement are for convenience of reference only and shall not limit or otherwise affect the meaning hereof.

  
 (j) Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY
AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO THE CONFLICT OF LAW RULES THEREOF. 
  
 (k) Severability. In the event that any one or more of the provisions contained herein, or the application thereof in any circumstance, is held
invalid, illegal or unenforceable, the validity, legality and enforceability of any such provision in every other respect and of the remaining provisions contained herein shall not be affected or impaired thereby. 
  
 (l) Entire Agreement. This Agreement is intended by the parties as a
final expression of their agreement and intended to be a complete and exclusive statement of the agreement and understanding of the parties hereto in respect of the subject matter contained herein. There are no restrictions, promises, warranties or
undertakings, other than those set forth or referred to herein with respect to the registration rights granted with respect to the Transfer Restricted Securities. This Agreement supersedes all prior agreements and understandings between the parties
with respect to such subject matter. 
  
 (Signature pages follow)

  

 21 

 If the foregoing correctly sets forth the understanding among the Company, the Guarantors and the Initial
Purchasers, please so indicate in the space provided below for that purpose, whereupon this letter shall constitute a binding agreement among us. 
  

			
	 DEL LABORATORIES, INC.

		
	By:	 	 
	Name:	 	 
	Title:	 	 
	
	 DEL PHARMACEUTICALS, INC.

		
	By:	 	 
	Name:	 	 
	Title:	 	 
	
	 565 BROAD HOLLOW REALTY CORP.

		
	By:	 	 
	Name:	 	 
	Title:	 	 
	
	 PARFUMS SCHIAPARELLI, INC.

		
	By:	 	 
	Name:	 	 
	Title:	 	 
	
	 ROYCE & RADER, INC.

		
	By:	 	 
	Name:	 	 
	Title:	 	 
	
	 DEL PROFESSIONAL PRODUCTS, INC.

		
	By:	 	 
	Name:	 	 
	Title:	 	 

			
	 Accepted and agreed to as of
 the date first above written:

	
	 BEAR, STEARNS & CO. INC.

		
	By:	 	 
	 Name:
	 	 
	 Title:
	 	 
	
	 J.P. MORGAN SECURITIES INC.

		
	By:	 	 
	 Name:
	 	 
	 Title:
	 	 
	
	 DEUTSCHE BANK SECURITIES INC.

		
	By:	 	 
	 Name:
	 	 
	 Title:
	 	 
		
	By:	 	 
	 Name:
	 	 
	 Title:
	 	 

  
 SCHEDULE I 

 
 Guarantors 
  
 Del Pharmaceuticals, Inc. 
 565 Broad Hollow Realty Corp. 
 Parfums Schiaparelli, Inc. 
 Royce & Rader, Inc. 
 Del Professional Products, Inc.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00092-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00092-of-00352.parquet"}]]