SUPPLEMENTAL INDENTURE dated as of February 26, 1999 among TRIARC CONSUMER PRODUCTS GROUP, LLC, TRIARC BEVERAGE HOLDINGS CORP., as Issuers MILLROSE DISTRIBUTORS, INC. and THE BANK OF NEW YORK, as Trustee -------------------------- 10 1/4% Senior Subordinated Notes due 2009 THIS SUPPLEMENTAL INDENTURE (this "SUPPLEMENTAL INDENTURE"), dated as of Februay 26, 1999, among TRIARC CONSUMER PRODUCTS GROUP, LLC, a Delaware limited liability company (the "COMPANY"), and TRIARC BEVERAGE HOLDINGS CORP., a Delaware corporation ("TRIARC BEVERAGE," and together with the Company, the "ISSUERS"), Millrose Distributors, Inc., a New Jersey corporation (the "UNDERSIGNED"), and THE BANK OF NEW YORK, as trustee (the "TRUSTEE"). RECITALS WHEREAS, the Issuers, the Subsidiary Guarantors party thereto and the Trustee entered into the Indenture, dated as of February 25, 1999 (the "INDENTURE"), relating to the Issuers' 10 1/4% Senior Subordinated Notes due 2009 (the "NOTES"); WHEREAS, as a condition to the Trustee entering into the Indenture and the purchase of the Notes by the Holders, the Issuers agreed pursuant to Section 4.18 of the Indenture to cause any newly acquired or created Domestic Restricted Subsidiaries to provide Subsidiary Guarantees. AGREEMENT NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained and intending to be legally bound, the parties hereto hereby agree as follows: Section 1. Capitalized terms used herein and not otherwise defined herein are used as defined in the Indenture. Section 2. The Undersigned, by its execution of this Supplemental Indenture, agrees to be a Subsidiary Guarantor under the Indenture and to be bound by the terms of the Indenture applicable to Subsidiary Guarantors, including, but not limited to, Article 13 thereof. Section 3. This Supplemental Indenture shall be governed by and construed in accordance with the internal laws of the State of New York. Section 4. This Supplemental Indenture may be signed in various counterparts which together shall constitute one and the same instrument. Section 5. This Supplemental Indenture is an amendment supplemental to the Indenture and said Indenture and this Supplemental Indenture shall henceforth be read together. 2 IN WITNESS WHEREOF, the parties have duly executed and delivered this Supplemental Indenture or have caused this Supplemental Indenture to be duly executed on their respective behalf by their respective officers thereunder duly authorized, as of the day and year first above written. TRIARC CONSUMER PRODUCTS GROUP, LLC, as Issuer By: John L. Barnes, Jr. -------------------------------------------- Name: John L. Barnes, Jr. Title: Executive Vice President TRIARC BEVERAGE HOLDINGS CORP., as Issuer By: John L. Barnes, Jr. -------------------------------------------- Name: John L. Barnes, Jr. Title: Executive Vice President MILLROSE DISTRIBUTORS, INC. as Guarantor By: Stuart I. Rosen. -------------------------------------------- Name: Stuart I. Rosen Title: Vice President THE BANK OF NEW YORK, as Trustee By: Marie E. Trimboli -------------------------------------------- Name: Marie E. Trimboli Title: Assistant Treasurer 3