REVLON INC /DE/
AMEND 1 TO SENIOR SUPP LINE OF CREDIT AGREEMENT
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<TYPE>EX-10.19
<SEQUENCE>6
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<DESCRIPTION>AMEND 1 TO SENIOR SUPP LINE OF CREDIT AGREEMENT
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            Exhibit 10.19
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            AMENDMENT NO. 1 TO<BR> SENIOR UNSECURED SUPPLEMENTAL LINE OF CREDIT
            AGREEMENT
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            AMENDMENT NO. 1, dated as of July 30, 2003 (this "<U>Amendment</U>"), to
            Senior Unsecured Supplemental Line of Credit Agreement, dated as of February 5,
            2003 (the "<U>Revolver Agreement</U>"), between Revlon Consumer Products
            Corporation (the "<U>Borrower</U>"), and MacAndrews &amp; Forbes Holdings Inc.
            (the "<U>Lender</U>").
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            WHEREAS, pursuant to the Revolver Agreement, the Lender has agreed to
            make certain loans to the Borrower; and
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            WHEREAS, the Lender and the Borrower have agreed to amend certain terms
            of the Revolver Agreement.
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            NOW THEREFORE, in consideration of the premises and mutual covenants
            contained herein, the parties hereto agree as follows:
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            1.&nbsp;&nbsp;&nbsp;&nbsp;<U>Defined
            Terms</U>.&nbsp;&nbsp;&nbsp;&nbsp;Unless otherwise defined herein, capitalized
            terms used herein which are defined in the Revolver Agreement are used as
            therein defined. Unless otherwise identified herein, Section references refer
            to Sections of the Revolver Agreement.
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            2.&nbsp;&nbsp;&nbsp;&nbsp;<U>Amendment of Section
            1.1</U>.&nbsp;&nbsp;&nbsp;&nbsp;Section 1.1 of the Revolver Agreement is hereby
            amended by amending and restating the definition of "Commitment" as follows:
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            "<U>Commitment</U>" means the obligation of the Lender to make Loans to
            the Borrower hereunder in an aggregate principal amount at any one time
            outstanding of up to $40,000,000 for the period from the Effective Date through
            and including December 31, 2004, increasing to $65,000,000 for the period from
            and including July 30, 2003 through and including December 31, 2004, as such
            obligation is reduced from time to time in accordance with Section 2.3 hereof."
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            3.&nbsp;&nbsp;&nbsp;&nbsp;<U>Amendment of Section
            8.2</U>.&nbsp;&nbsp;&nbsp;&nbsp;Under Section 8.2 of the Revolver Agreement,
            the Borrower's address for notices shall be amended and restated as follows:
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              STYLE="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 0pt; text-align: left;  font-style: ;">Borrower:</TD>
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              STYLE="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-bottom: 6pt; text-align: left; font-style: ;">Revlon
                   Consumer Products Corporation<BR>625 Madison Avenue<BR>New York, New York
                   10022<BR>Attention: John Matsen, Jr.<BR>Telecopy: (212) 527-5250<BR>E-mail:
                   john.matsen@revlon.com</TD>
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            4.&nbsp;&nbsp;&nbsp;&nbsp;<U>Effectiveness</U>.&nbsp;&nbsp;&nbsp;&nbsp;This
            Amendment shall be effective as of the date first set forth above.
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            5.&nbsp;&nbsp;&nbsp;&nbsp;<U>Reference to and Effect on the Revolver
            Agreement; Limited Effect</U>.&nbsp;&nbsp;&nbsp;&nbsp;On and after the date
            hereof, each reference in the Revolver Agreement to "this Agreement,"
            "hereunder," "hereof" or words of like import referring to the Revolver
            Agreement shall mean and be a reference to the Revolver Agreement as amended
            hereby. The execution, delivery and effectiveness of this Amendment shall not
            operate as a waiver of any right, power or remedy of the Lender under the
            Revolver Agreement, nor constitute a waiver of any other provision of the
            Revolver Agreement. Except as expressly amended herein, all of the provisions
            and covenants of the Revolver Agreement remain in full force and effect in
            accordance with the terms thereof and are hereby in all respects ratified and
            confirmed.
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            6.&nbsp;&nbsp;&nbsp;&nbsp;<U>Counterparts</U>.&nbsp;&nbsp;&nbsp;&nbsp;This
            Amendment may be executed by one or more of the parties on any number of
            separate counterparts (including by facsimile transmission), and all of said
            counterparts taken together shall be deemed to constitute one and the same
            instrument.
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            <B>7.&nbsp;&nbsp;&nbsp;&nbsp;<U>GOVERNING
            LAW</U>.&nbsp;&nbsp;&nbsp;&nbsp;THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS
            OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN
            ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.</B>
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            [Execution page follows]
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            IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
            duly executed and delivered by their proper and duly authorized officers as of
            the day and year first above written.
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                   <TD
                   STYLE="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;"
                   VALIGN="top" ALIGN="left">REVLON CONSUMER PRODUCTS<BR> CORPORATION</TD>
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                   <TD
                   STYLE="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;"
                   VALIGN="top" ALIGN="left">By: /s/ Robert K. Kretzman</TD>
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                   STYLE="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;"
                   VALIGN="top" ALIGN="left">Name: Robert K. Kretzman<BR>Title: Senior Vice
                        President, General<BR><FONT
                        STYLE="letter-spacing: 26.04pt;">&nbsp;&nbsp;</FONT>Counsel and Secretary</TD>
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            &nbsp;&nbsp;&nbsp;&nbsp;
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            &nbsp;&nbsp;&nbsp;&nbsp;
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            &nbsp;&nbsp;&nbsp;&nbsp;
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                   STYLE="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;"
                   VALIGN="top" ALIGN="left">MACANDREWS &amp; FORBES HOLDINGS INC.</TD>
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                   STYLE="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;"
                   VALIGN="top" ALIGN="left">By: /s/ Todd J. Slotkin</TD>
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                   STYLE="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;"
                   VALIGN="top" ALIGN="left">Name: Todd J. Slotkin<BR>Title: Executive Vice
                        President and Chief<BR><FONT
                        STYLE="letter-spacing: 26.04pt;">&nbsp;&nbsp;</FONT>Financial Officer</TD>
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