Common use of Changes in Locations, Name, etc Clause in Contracts

Changes in Locations, Name, etc. Such Grantor shall not, except upon 30 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional financing statements and other documents reasonably requested by the Administrative Agent as to the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional location at which Inventory or Equipment shall be kept:

Changes in Locations, Name, etc. Such Grantor shall not, except Except upon 30 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional location locations at which Inventory inventory or Equipment equipment shall be kept, such Grantor shall not do any of the following:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 ten days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional executed financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional location at which Inventory or Equipment shall be keptherein:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 15 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional executed financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional location at which Inventory or Equipment shall be keptherein:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 15 days’ prior written notice to the Administrative Agent (or such shorter period as agreed to by the Administrative Agent) and delivery to the Administrative Agent of (a) all additional executed financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional location at which Inventory or Equipment shall be keptherein:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 15 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional financing statements and other documents reasonably requested by the Administrative Agent as necessary to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional location at which Inventory or Equipment shall be keptherein:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 10 days’ prior written notice to the Administrative Agent (or such shorter notice as shall be reasonably satisfactory to the Administrative Agent) and delivery to the Administrative Agent of (a) all additional executed financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and herein, (bi) if applicable, a written supplement change its jurisdiction of organization from that referred to Schedule 4 showing any additional location at which Inventory in Section 4.3 or Equipment shall be kept:(ii) change its name.

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 15 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional executed financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 5 showing any additional location at which Inventory or Equipment shall be kept:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 20 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional executed financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional location at which Inventory or Equipment shall be keptherein:

Changes in Locations, Name, etc. Such Grantor shall not, except upon 30 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional financing statements and other documents reasonably requested by the Administrative Agent as to the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional location at which Inventory or Equipment shall be kept:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 15 days’ ' prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional executed financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 SCHEDULE 5 showing any additional location at which Inventory or Equipment shall be kept:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 15 days’ ' prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional financing statements and other documents reasonably requested by the Administrative Agent as necessary to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 5 showing any additional location at which Inventory or Equipment shall be kept:

Changes in Locations, Name, etc. Such The Grantor shall will not, except upon 30 15 days’ ' prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional executed financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional location at which Inventory or Equipment shall be keptherein:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon not less than 30 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional financing statements and other documents (executed where appropriate) reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 5 showing any additional location at which Inventory or Equipment shall be kept:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 15 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 6 showing any additional location at which Inventory or Equipment shall be kept:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 not less than 10 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional financing statements and other documents (executed where appropriate) reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 5 showing any additional location at which Inventory or Equipment shall be kept:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 15 days’ prior written notice to the General Administrative Agent and delivery to the General Administrative Agent of (a) all additional executed financing statements and other documents reasonably requested by the General Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 5 showing any additional location at which Inventory or Equipment shall be kept:

Changes in Locations, Name, etc. Such Grantor shall not, except upon 30 days’ ' prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional executed financing statements and other documents reasonably requested by the Administrative Agent as to the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional location at which Inventory or Equipment shall be kept:

Changes in Locations, Name, etc. Such Grantor shall not, except Except upon 30 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional location locations at which Inventory inventory or Equipment equipment shall be kept:, such Grantor shall not do any of the following: GUARANTY AND SECURITY AGREEMENT PARLUX LTD. 11

Changes in Locations, Name, etc. Such Grantor shall will not, except ------------------------------- upon 30 15 days’ ' prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional executed financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 5 showing any additional location at which Inventory or Equipment shall be kept:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 15 days’ ' prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a1) all additional financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b2) if applicable, a written supplement to Schedule 4 5 showing any additional location at which Inventory or Equipment shall be kept:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 10 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional executed financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 5 showing any additional location at which material Inventory or Equipment shall be kept:

Changes in Locations, Name, etc. Such Grantor shall not, except upon 30 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional financing statements statements, landlord waivers and other documents reasonably requested by the Administrative Agent as to the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional location at which Inventory or Equipment shall be kept:

Changes in Locations, Name, etc. Such Grantor shall not, except upon 30 days’ ' prior written notice to the Administrative Agent (or such shorter time period as may be agreed to by Agent) and delivery to the Administrative Agent of (a) all additional financing statements and other documents reasonably requested by the Administrative Agent as to the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional location at which Inventory or Equipment shall be kept:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 15 days’ ' prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional executed financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 5 showing any additional location at which Inventory or Equipment (other than mobile goods) or books and records pertaining to the Collateral shall be kept:

Changes in Locations, Name, etc. Such Grantor shall not, except upon 30 days’ ' prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional financing statements and other documents reasonably requested by the Administrative Agent as to the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional location at which Inventory or Equipment shall be kept:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a1) all additional financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b2) if applicable, a written supplement to Schedule 4 showing any additional location at which Inventory or Equipment shall be kept:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 days’ prior written notice to the Administrative Agent Agent, clearly describing any of the following proposed changes, and delivery to the Administrative Agent of (a) all additional executed financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional location at which Inventory or Equipment shall be keptherein:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 15 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a1) all additional executed financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b2) if applicable, a written supplement to Schedule 4 5 showing any additional location at which Inventory or Equipment having an aggregate fair market value in excess of $250,000 shall be kept:

Changes in Locations, Name, etc. Such Grantor shall not, except Except upon 30 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 4.4 showing any additional location locations at which Inventory inventory or Equipment equipment shall be kept, such Grantor shall not do any of the following:

Changes in Locations, Name, etc. Such Grantor shall will not, except upon 30 20 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional executed financing statements and other documents reasonably requested by the Administrative Agent as to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional location at which Inventory or Equipment shall be keptherein: