The up-and-coming “it” stars in tinseltown are ready to get their glam on Sunday night at Hollywood Life Magazine’s 10th Annual Young Hollywood Awards.

This year’s Hottest Coolest Young Veteran award will be presented to Little Miss Sunshine star Abigail Breslin.

She joins past winners such as Dakota Fanning, Alicia Silverstone, Elijah Wood and Lindsay Lohan.

Wonder if her Nim’s Island co-star, Gerard Butler, will pop along?

Gerard is currently the hottest bachelor in Hollywood and was most recently linked to Cameron Diaz, but is now rumored to be dating Dancing With the Stars pro Cheryl Burke.

We can’t wait to check out Gossip Girl star Penn Badgely (aka Dan Humphrey) who will be receiving an award for Exciting New Face from Prom Night star Brittany Snow.

Will he bring along real-life love and co-star Blake Lively (Serena)?

We also get to see Entourage favorite Emmanuelle Chriqui (Sloan), who just landed the No. 6 slot on FHM’s 100 Sexiest Women in the World list for 2008.

She’s receiving an award for Standout Performance from her You Don’t Mess With the Zohan star Rob Schneider.

Meanwhile, we’re also checking out Ugly Betty star America Ferrera to see how she cleans up and scoping out LA Ink star Kat Von D and boyfriend Nikki Sixx’s tatts.

Country music sensation Taylor Swift is also stopping by to pick up the Superstar of Tomorrow Award, as well as Jesse McCartney, who will receive the Exciting Music Crossover Award from Sean Kingston.

Be sure to check out mail.com next week for exclusive video, pics, red carpet round-ups and of course, hot gossip from the event!