JENNIFER CONVERTIBLES INC
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<title>EXHIBIT 10</title>
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<font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b>EXHIBIT 10.1<br clear="all" />
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<font face="Times New Roman">AMENDMENT NO. 4 TO</font></b></p>

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<font face="Times New Roman">MANAGEMENT AGREEMENT AND LICENSE</font></b></p>

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<font face="Times New Roman">&nbsp;</font></b></p>

<p style="margin-top: 0; margin-bottom: 0"><font face="Times New Roman">This Amendment No. 4 to Management Agreement and License is made as of October 13, 2006 by and among Jara Enterprises, Inc., a New York corporation (&ldquo;Jara&rdquo;), Jennifer Convertibles, Inc., a Delaware Corporation
(&ldquo;JCI&rdquo;) and Jennifer Acquisition Corp., a Delaware Corporation (&ldquo;JAC&rdquo;), a wholly owned subsidiary of JCI.</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font face="Times New Roman">&nbsp;</font></p>

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<font face="Times New Roman">RECITALS</font></b></p>

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<font face="Times New Roman">&nbsp;</font></b></p>

<p style="margin-top: 0; margin-bottom: 0"><font face="Times New Roman">Reference is made to that certain Management Agreement and License, executed as of July 6, 2001 between Jara, Fred Love, the sole shareholder of Jara, JCI and JAC, as amended by Amendment No. 1 to Management and Agreement
and License, dated as of April 30, 2002 and as further amended by Amendment No. 2 to Management and Agreement and License, dated as of July 10, 2003 (the "Agreement") and Amendment No. 3, dated as of November 18, 2004.</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font face="Times New Roman">&nbsp;</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font face="Times New Roman">The parties to the Agreement desire to amend the Agreement as set forth herein.</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font face="Times New Roman">&nbsp;</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font face="Times New Roman">NOW, THEREFORE, the parties hereto agree as follows:</font></p>

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<font face="Times New Roman">&nbsp;</font></b></p>

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<font face="Times New Roman">ARTICLE I</font></b></p>

<p align="center" style="margin-top: 0; margin-bottom: 0"><b>
<font face="Times New Roman">AMENDMENTS</font></b></p>

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<font face="Times New Roman">&nbsp;</font></b></p>

<p style="margin-top: 0; margin-bottom: 0"><font size="3" face="Times New Roman">For $1.00 and other good and valuable consideration, receipt whereof is acknowledged, the parties hereto hereby agree as follows.</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font face="Times New Roman">&nbsp;</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font face="Times New Roman">1.&nbsp; All capitalized terms used herein shall have their defined meanings from the Agreement.</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font face="Times New Roman">&nbsp;</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font size="3" face="Times New Roman">2.&nbsp; Notwithstanding anything to the contrary contained in the Agreement, Section 2.1 (b) and 2.1(c) are hereby terminated and shall be null and void and of no further force and effect. The parties acknowledge and agree
that neither party owes the other anything with respect to such sections, whether for prior periods or otherwise.</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font size="3" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin-top: 0; margin-bottom: 0"><b>
<font face="Times New Roman">ARTICLE II</font></b></p>

<p align="center" style="margin-top: 0; margin-bottom: 0"><b>
<font face="Times New Roman">MISCELLANEOUS</font></b></p>

<p style="margin-top: 0; margin-bottom: 0"><font face="Times New Roman">&nbsp;</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font face="Times New Roman">1.&nbsp;&nbsp; This Amendment No. 4 to Management Agreement and License shall be governed by and construed in accordance with the laws of the State of New York.</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font face="Times New Roman">&nbsp;</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font face="Times New Roman">2.&nbsp; This Amendment No. 4 to Management Agreement and License may be executed in one or more counterparts, each of which shall constitute an original, and all of which, taken together, shall be deemed to constitute one and
the same agreement.</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font face="Times New Roman">&nbsp;</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font face="Times New Roman">3.&nbsp; Except as amended hereby, the Agreement remains in full force and effect.</font></p>

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<font size="3" face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
EXHIBIT 10.1<br clear="all" />
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<p style="margin-top: 0; margin-bottom: 0"><font size="3" face="Times New Roman">IN WITNESS WHEREOF, the parties have executed this agreement as of this 13 day of October, 2006.</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font size="3" face="Times New Roman">&nbsp;</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font size="3" face="Times New Roman">&nbsp;</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font size="3" face="Times New Roman">&nbsp;</font></p>

<p style="margin-top: 0; margin-bottom: 0"><b><font size="3" face="Times New Roman">JENNIFER CONVERTIBLES, INC.</font></b></p>

<p style="margin-top: 0; margin-bottom: 0"><font size="3" face="Times New Roman">By<u>: /s/ Harley J. Greenfield</u>_________</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font size="3" face="Times New Roman">Name:&nbsp; Harley J. Greenfield</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font size="3" face="Times New Roman">Title:&nbsp;&nbsp;&nbsp; Chief Executive Officer</font></p>

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<p style="margin-top: 0; margin-bottom: 0"><b>
<font size="3" face="Times New Roman">JARA ENTERPRISES, INC.</font></b></p>

<p style="margin-top: 0; margin-bottom: 0"><font size="3" face="Times New Roman">By:&nbsp; <u>/s/ Jane Love&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </u></font></p>

<p style="margin-top: 0; margin-bottom: 0"><font size="3" face="Times New Roman">Name:&nbsp; Jane Love</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font size="3" face="Times New Roman">Title:&nbsp;&nbsp;&nbsp; President</font></p>

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<b><font size="3" face="Times New Roman">JENNIFER ACQUISITION CORP.</font></b><font face="Times New Roman" size="3">
By<u>: /s/ Harley J. Greenfield</u>_________</font></pre>

<p style="margin-top: 0; margin-bottom: 0"><font size="3" face="Times New Roman">Name:&nbsp; Harley J. Greenfield</font></p>

<p style="margin-top: 0; margin-bottom: 0"><font size="3" face="Times New Roman">Title:&nbsp;&nbsp;&nbsp; Chief Executive Officer</font></p>

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