The Dress Barn, Inc. Suffern, NY 10901Dress Barn Inc • July 13th, 2006 • Retail-women's clothing stores
Reference is made to our letter agreement with you dated as of May 2, 2002 (the “2002 Agreement”). This will acknowledge that you have given The Dress Barn, Inc. (herein the “Company” or “we”) at least 90 days’ notice of your election to terminate your term as Executive Chairman of the Board effective on July 30, 2006 conditioned upon approval by the Compensation Committee of the Board of Directors of the Company and the execution of this letter agreement prior to that date. Upon its approval and execution, this letter agreement will be deemed to amend the 2002 Agreement.
