0001193125-06-134142 Sample Contracts

TERMINATION AGREEMENT
Termination Agreement • June 22nd, 2006 • Alberto Culver Co • Retail-retail stores, nec • Illinois

This Termination Agreement (this “Agreement”) is entered into as of this 18th day of June 2006 (the “Agreement Date”) by and between Alberto-Culver Company, a Delaware corporation (the “Company”) and Howard B. Bernick (the “Executive”).

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FORM OF SEVERANCE AGREEMENT AMENDMENT
Form of Severance Agreement • June 22nd, 2006 • Alberto Culver Co • Retail-retail stores, nec

This Amendment (this “Amendment”) is entered into as of the Effective Date by and between Alberto-Culver Company, a Delaware corporation (the “Company”) and (the “Executive”) and shall be deemed to be effective on the date the last party signs this Amendment (the “Effective Date”).

TERMINATION AND CONSULTING AGREEMENT
Termination and Consulting Agreement • June 22nd, 2006 • Alberto Culver Co • Retail-retail stores, nec • Illinois

This Termination and Consulting Agreement (this “Agreement”) is entered into as of this 18th day of June 2006 (the “Agreement Date”) by and between Alberto-Culver Company, a Delaware corporation (the “Company”), Sally Holdings, Inc., a Delaware corporation (“SHI”), and Michael H. Renzulli (the “Executive”).

SEPARATION AGREEMENT among NEW SALLY HOLDINGS, INC., SALLY HOLDINGS, INC., NEW ARISTOTLE HOLDINGS, INC. and ALBERTO-CULVER COMPANY Dated as of June 19, 2006
Separation Agreement • June 22nd, 2006 • Alberto Culver Co • Retail-retail stores, nec • Delaware

This SEPARATION AGREEMENT (this “Agreement”), dated as of June 19, 2006, is among New Sally Holdings, Inc., a Delaware corporation (“New Sally”), Sally Holdings, Inc., a Delaware corporation (“Sally”) (New Sally and Sally, collectively, the “Sally Parties”), Alberto-Culver Company, a Delaware corporation (“Alberto-Culver”), and New Aristotle Holdings, Inc., a Delaware corporation (“New Alberto-Culver”) (Alberto-Culver and New Alberto-Culver, collectively, the “Alberto-Culver Parties”).

SEVERANCE AGREEMENT AMENDMENT
Severance Agreement • June 22nd, 2006 • Alberto Culver Co • Retail-retail stores, nec

This Amendment (this “Amendment”) is entered into as of the Effective Date by and between Alberto-Culver Company, a Delaware corporation (the “Company”), and Carol L. Bernick (the “Executive”) and shall be deemed to be effective on the date the last party signs this Amendment (the “Effective Date”).

EMPLOYEE MATTERS AGREEMENT
Employee Matters Agreement • June 22nd, 2006 • Alberto Culver Co • Retail-retail stores, nec • Delaware

This Employee Matters Agreement, dated as of June 19, 2006, is among New Sally Holdings, Inc., a Delaware corporation (“New Sally”), Sally Holdings, Inc., a Delaware corporation (“Sally”) (New Sally and Sally, collectively the “Sally Parties”), Alberto-Culver Company, a Delaware corporation (“Alberto-Culver”) and New Aristotle Holdings, Inc., a Delaware corporation (“New Alberto-Culver”) (Alberto-Culver and New Alberto-Culver, collectively the “Alberto-Culver Parties”).

SUPPORT AGREEMENT
Support Agreement • June 22nd, 2006 • Alberto Culver Co • Retail-retail stores, nec • Delaware

SUPPORT AGREEMENT (this “Agreement”), dated as of June 19, 2006, between CDRS Acquisition LLC, a Delaware limited liability company (“Investor”), Alberto-Culver Company, a Delaware corporation (“Alberto-Culver”), New Sally Holdings, Inc., a Delaware corporation and wholly-owned subsidiary of Alberto-Culver (“New Sally”), and Howard B. Bernick (“Bernick”).

LIMITED GUARANTEE
Limited Guarantee • June 22nd, 2006 • Alberto Culver Co • Retail-retail stores, nec • New York

Limited Guarantee, dated as of June 19, 2006 (this “Limited Guarantee”), by Clayton, Dubilier & Rice Fund VII, L.P. (the “Guarantor”), in favor of Alberto-Culver Company, a Delaware corporation (the “Guaranteed Party”).

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