0001104659-12-073943 Sample Contracts

SEVERANCE AGREEMENT
Severance Agreement • November 5th, 2012 • Sally Beauty Holdings, Inc. • Retail-retail stores, nec • Delaware

THIS SEVERANCE AGREEMENT is entered into as of November 5, 2012 (the “Effective Date”) by and between Sally Beauty Holdings, Inc., a Delaware corporation (the “Company’), and Matthew O. Haltom (the “Executive”).

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AMENDED AND RESTATED TERMINATION AGREEMENT
Termination Agreement • November 5th, 2012 • Sally Beauty Holdings, Inc. • Retail-retail stores, nec • Delaware

This Amended and Restated Termination Agreement (this “Agreement”) is entered into as of November 5, 2012 (the “Agreement Date”) by and between Sally Beauty Holdings, Inc., a Delaware corporation (“SBH”) and Gary G. Winterhalter (the “Executive”). This Agreement amends and restates the original Termination Agreement by and among Alberto-Culver Company, a Delaware corporation, Sally Holdings, Inc., a Delaware corporation (“Sally Holdings”), and the Executive, dated as of June 19, 2006, as amended on January 24, 2007 (the “Original Agreement”). As required by the Original Agreement, this amended and restated version of the Agreement has been consented to by Sally Holdings LLC, the successor to Sally Holdings, Inc. and CDRS Acquisition LLC.

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