August 15, 2001 Neoteric Cosmetics, Inc. 4880 Havana Street Denver, CO 80239 Attention: Mark E. Goldstein, President Ladies and Gentlemen:

EXHIBIT NO. 10.1

August 15, 2001

Neoteric Cosmetics, Inc.
0000 Xxxxxx Xxxxxx
Xxxxxx, XX 00000
Attention: Xxxx X. Xxxxxxxxx, President

Ladies and Gentlemen:

    This letter agreement concerns the Sales Distribution Rights Agreement (the "Agreement") dated as of December 1, 2000 between you and us. We and you wish to waive mutually the provision in clause 8 dealing with the minimum net sales in calendar year 2001. Accordingly, we and you agree that the following sentence in clause 8(1)(v) of the Agreement is hereby deleted and that there is no replacement "calendar year (2001) is $8 million USD." In all other respects, the Agreement remains in full force and effect.

Very truly yours,
MONTAGNE JEUNESSE, a trading division of
Medical Express (UK) Ltd.

				By:	/s/ XXXXXXX XXXXXXX Name: Xxxxxxx Xxxxxxx Title: Chairman
AGREED:
NEOTERIC COSMETICS, INC.
By:		/s/ XXXX X. XXXXXXXXX Name: Xxxx X. Xxxxxxxxx Title: President

Date: August 15, 2001