0001047469-04-007490 Sample Contracts

INDEMNIFICATION AGREEMENT SCOTT'S LIQUID GOLD-INC.
Indemnification Agreement • March 11th, 2004 • Scotts Liquid Gold Inc • Perfumes, cosmetics & other toilet preparations • Colorado

This Agreement is made and entered into as of January 26, 2004 between Scott's Liquid Gold-Inc., a Colorado corporation (the "Corporation"), and Gerald J. Laber of Aurora, Colorado ("Director").

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24th November 2003
Sales Distribution Rights Agreement • March 11th, 2004 • Scotts Liquid Gold Inc • Perfumes, cosmetics & other toilet preparations

This letter agreement concerns the Sales Distribution Rights Agreement (the "Agreement") dated as of December 1, 2000 between you and us. We and you wish to waive mutually the provision in clause 8 dealing with the minimum net sales in calendar year 2003. Accordingly, we and you agree that the following phrase in clause 8(1)(v) of the Agreement is hereby deleted and that there is no replacement minimum sales level for the calendar year 2003: "calendar year three (2003) to be 17 million USD." In all other respects, the Agreement remains in full force and effect.

SECOND AMENDMENT TO THE SCOTT'S LIQUID GOLD-INC. EMPLOYEE STOCK OWNERSHIP PLAN
Employee Stock Ownership Plan Amendment • March 11th, 2004 • Scotts Liquid Gold Inc • Perfumes, cosmetics & other toilet preparations
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