HOUSE OF TAYLOR JEWELRY, INC. West Hollywood, California 90069Loan and Security Agreement • June 25th, 2008 • House of Taylor Jewelry, Inc. • Jewelry, silverware & plated ware • California
New Stream Secured Capital, L.P., a Delaware limited partnership (“Lender”) and House of Taylor Jewelry, Inc., a Nevada corporation (the “Debtor”) entered into financing arrangements pursuant to which, among other things, Lender has extended loans and advances and provided other financial accommodations to the Debtor as set forth in the Loan and Security Agreement, dated as of October 12, 2007, by and among the Debtor, Tech Line Jewelry, Inc., a California corporation (“Tech Line”), Global Jewelry Concepts, Inc., a California corporation (“Global”, and together with Tech Line, “Guarantors”) and Lender (as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced, the “Loan Agreement”) and the other agreements, documents and instruments referred to therein or at any time executed and/or delivered in connection therewith or related thereto, including, but not limited to, this letter agreement (all of the foregoing, together with the
