CONSULTING AGREEMENTConsulting Agreement • June 29th, 2010 • Parlux Fragrances Inc • Perfumes, cosmetics & other toilet preparations • Florida
This Consulting Agreement (hereinafter “Agreement”) dated as of April 1st, 2010 between PARLUX FRAGRANCES, INC., a corporation organized and existing under the laws of the State of Delaware (hereinafter “Corporation”) and CAMBRIDGE DEVELOPMENT CORP. 74 Summit Road, Port Washington, New York 11050 (hereinafter “Consultant”), and Albert F. Vercillo (hereinafter “Vercillo”), the President of Consultant residing at [home address]. Collectively hereinafter referred to as “Parties”.
ACKNOWLEDGMENT OF ASSIGNMENTAcknowledgment of Assignment • June 29th, 2010 • Parlux Fragrances Inc • Perfumes, cosmetics & other toilet preparations
CREDIT AGREEMENT Dated as of June 25, 2010 among PARLUX LTD., AS BORROWER PARLUX FRAGRANCES, INC., AS GUARANTOR THE LENDERS PARTY HERETO and GENERAL ELECTRIC CAPITAL CORPORATION, AS ADMINISTRATIVE AGENT AND COLLATERAL AGENTCredit Agreement • June 29th, 2010 • Parlux Fragrances Inc • Perfumes, cosmetics & other toilet preparations • New York
This Credit Agreement, dated as of June 25, 2010, is entered into among PARLUX LTD., a New York corporation (the “Borrower”), PARLUX FRAGRANCES, INC., a Delaware corporation (“Holdings”), the Lenders (as defined below), and GENERAL ELECTRIC CAPITAL CORPORATION (“GE Capital”), as administrative agent and collateral agent for the Lenders (in such capacity, and together with its successors and permitted assigns, the “Administrative Agent”).
GUARANTY AND SECURITY AGREEMENTGuaranty and Security Agreement • June 29th, 2010 • Parlux Fragrances Inc • Perfumes, cosmetics & other toilet preparations • New York
THIS GUARANTY AND SECURITY AGREEMENT, dated as of June 25, 2010, by PARLUX LTD., a New York corporation (the “Borrower”) and each of the other entities listed on the signature pages hereof or that becomes a party hereto pursuant to Section 8.6 (together with the Borrower, the “Grantors”), in favor of GENERAL ELECTRIC CAPITAL CORPORATION (“GE Capital”), as administrative agent and collateral agent (in such capacity, together with its successors and permitted assigns, the “Administrative Agent”) for the Lenders and each other Secured Party (each as defined in the Credit Agreement referred to below).
