0000950144-05-010573 Sample Contracts

SECURITY AGREEMENT
Security Agreement • October 21st, 2005 • Applica Inc • Electric housewares & fans • New York

THIS SECURITY AGREEMENT (this “Security Agreement”, is dated as of October 21, 2005, among APPLICA INCORPORATED, a Florida corporation (the “Borrower”), the Domestic Subsidiaries of the Borrower (individually a “Guarantor” and collectively the “Guarantors”; the Guarantors together with the Borrower, individually a “Credit Party” and collectively the “Credit Parties”), and MAST CREDIT OPPORTUNITIES I (MASTER), LTD., as Lender (the “Lender”).

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT
Credit Agreement • October 21st, 2005 • Applica Inc • Electric housewares & fans • New York

THIS SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”) dated as of October 21, 2005, is by and among APPLICA INCORPORATED (the “Borrower”), a Florida corporation, each of its Subsidiaries identified on the signature pages hereof, the Lenders identified on the signature pages hereof and BANK OF AMERICA, N.A., as administrative agent for the Lenders (in such capacity, the “Agent”). Terms used herein but not otherwise defined herein shall have the meanings provided to such terms in the Credit Agreement (as hereinafter defined).