THIRD MODIFICATION OF LEASE
Third Modification of Lease ("Agreement") made June 17 , 2002 between Metropolitan Life Insurance
Company, a New York corporation having its principal place of business at One Madison Avenue, New York,
New York 10010 ("Landlord") and Jean Philippe Fragrances, LLC, a New York limited liability company having
an office at 551 Fifth Avenue, New York, New York 10176 ("Tenant").
W I T N E S S E T H:
WHEREAS, Landlord and Tenant (by its predecessor-in-interest, Jean Philippe Fragrances, Inc.) heretofore
entered into a certain written lease dated January 13, 1992, as amended by Modification of Lease dated June
17, 1994 and Second Modification of Lease dated April 30, 1997 (collectively, the "Lease") wherein and
whereby Landlord leased to Tenant, and Tenant hired from Landlord, those certain premises (the "demised
premises") as shown on the plans annexed to the Lease as "Exhibit A" thereto on the 15th floor in the building
known as 551 Fifth Avenue, New York, New York 10176 (the "Building"), which demised premises Landlord
and Tenant agree contains 9,000 rentable square feet; and
WHEREAS, the term of the Lease is due to expire October 31, 2002 and Landlord and Tenant wish to again
modify the Lease, subject to the terms and conditions hereinafter set forth, to, INTER ALIA, again extend the
term of the Lease; and
WHEREAS, the Lease is in full force and effect; and
WHEREAS, Landlord and Tenant desire to modify the Lease only in the respects hereinafter stated.
NOW, THEREFORE, in consideration of the premises and the mutual covenants hereinafter contained, the
parties hereto by these presents do covenant and agree as follows:
1. All capitalized terms used herein without definition are used herein with the meanings assigned to such terms in
the Lease, unless the context otherwise requires.
2. The term of the Lease is hereby extended to February 28, 2013 (the "Additional Extension Period").
3.A. Effective November 1, 2002, Tenant's annual rent shall b