AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT
This Agreement made as of the 30th day of December, 2004, by and among VERMONT PURE HOLDINGS,
LTD., a Delaware corporation with an office at 1050 Buckingham Street, Watertown, Connecticut 06795
("HOLDINGS"), CRYSTAL ROCK LLC, a Delaware limited liability company with an office at 1050
Buckingham Street, Watertown, Connecticut 06795 ("CRYSTAL ROCK LLC", and collectively with Holdings,
the "OBLIGORS"), each of the lenders which is a signatory hereto (individually, together with its successors and
assigns, a "LENDER" and collectively, the "LENDERS") and WEBSTER BANK, NATIONAL
ASSOCIATION, a national banking association with an office at 145 Bank Street, Waterbury, Connecticut
06702 (formerly known as Webster Bank), as agent for the Lenders (in such capacity, together with its
successors and assigns in such capacity, the "AGENT").
WHEREAS, Lenders, Agent, Holdings, Crystal Rock Spring Water Company ("CRYSTAL ROCK SPRING")
and Vermont Pure Springs, Inc. ("VPS", and collectively with Holdings and Crystal Rock Spring, the
"ORIGINAL OBLIGORS") entered into a Loan and Security Agreement dated as of March 5, 2003 in
connection with a term loan in the original principal amount of $28,500,000, an acquisition/capital asset line of
credit in an amount up to $15,000,000 and a revolving line of credit loan in the original principal amount of
$6,500,000, as amended by Amendment No. 1 to Loan and Security Agreement dated as of December 17,
2003 and by Amendment No. 2 to Loan and Security Agreement and Loan Documents dated as of March 19,
2004 (as so amended, the "EXISTING AGREEMENT").
WHEREAS, Crystal Rock Spring and VPS have each merged with and into Holdings.
WHEREAS, Holdings has formed Crystal Rock LLC as a wholly owned subsidiary of Holdings.
WHEREAS, Holdings has conveyed substantially all of its assets relating to its business operations to Crystal
WHEREAS, Lenders, Agent and Obligors desire to amend the Existing Agreement