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|   | 1. | Incorporation by      Reference.  Except as modified by the terms of this      Agreement, Sections 1, 2, 3, 5, 6, 7(b), 8, 9, 10, 11, and 12 (but not      Section      12(g) thereof, concerning choice of law) of the Amended and      Restated Senior Management Agreement between and among Prestige      International Holdings, LLC; Prestige Brands Holdings, Inc.; Prestige      Brands, Inc.; and Eric Millar, dated February 4, 2005 (the “SMA”), as they      may heretofore from time to time have been amended by the Board of      Directors of the Company and the Compensation Committee thereof, are      reaffirmed and are incorporated herein by  reference. |
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|   | 2. | Work at      Home. Effective on a date to be chosen by the      Company, but in any event prior to September 30, 2007, you will resign as      an officer of Prestige by means of a written instrument that is      substantially similar to the model letter of resignation that is annexed      hereto as Exhibit A. Once you accept this offer and execute this      Agreement, the Company will thereafter set your resignation date (the      “Resignation Date”) which will be prior to September 30, 2007. Prior to      the Resignation Date your efforts will be primarily in the area of      transitioning your responsibilities to your replacement. For a period of 1      year following your resignation date you will become a “Work At Home”      employee with no specific daily responsibilities that would require your      presence at Prestige’s offices for a period of one year. During this “Work      At Home” period, you will be called upon from time to time to provide      advice, information or guidance to Prestige, but only with ample advance      notice and response time built in. You may be invited to come to the      Prestige offices, from time to time, at the Company’s initiation.      Notwithstanding the foregoing, you will be under no obligation to travel      or provide services according to a predetermined schedule. All company      property, including but not limited to your blackberry, your mobile phone,      company files and other property will be returned to the Company prior to      the “Work At Home” period. Notwithstanding the foregoing, you will have      the option of purchasing your laptop at its net book value at the      commencement of your “Work At Home”period. |
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|   | 3. | Salary      Continuation.  After your resignation as an officer of      the Company your current salary and benefits, including bonus eligibility,      will continue. During the year beginning on April 1, 2007 and continuing      through the Work At Home period, your annual salary rate shall be $213,000      and shall be paid twice monthly, consistent with the Company’s normal      payroll practices. During the “Work At Home” period, your health, dental,      death and disability insurance benefits shall continue; but your 401(k),      vacation and cafeteria plans will not continue. Your salary shall be paid      notwithstanding any consulting or other non-company employment you may      choose to undertake, so long as you are not in breach of the terms set      forth in this offer. Notwithstanding the foregoing, to the extent that the      salary payments required by this Section 3 may      be deemed part of a nonqualified deferred compensation  plan      described in Section 409A of the Internal Revenue Code (the “Code”), see 26 U.S.C.      § 409A (2006), those payments may be deferred as may be required to      avoid adverse tax consequences to the Employee; if any such deferral is      made, however, the payment of all accrued unpaid salary shall be made in      one lump sum not more than two weeks after the earliest date permitted for      that purpose by Section 409A(a)(2)(B)(i) of the Code; and all further      payments shall be made bi-weekly, consistent with the Company’s normal      payroll practices. |
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|   | 4. | Continued Vesting of      Carried Shares.  For the balance of the fiscal year      ending March 31, 2007, during the fiscal year beginning April 1, 2007 and      during the “Work At Home” period, the Carried Shares (as defined in the      SMA) held by you will continue to vest pursuant to the time schedule set      forth in Section 2 of the SMA. Provided that you are not in breach of this      Agreement on the last day of the “Work At Home” period, any remaining      Unvested Carried Shares shall be repurchased by the Company on the last      day of said period pursuant to Section 3 of the SMA. Your sale of any      Vested Carried or Co-invest shares will continue to be subject to the      terms and conditions set forth in Sections 5 and 6 of the    SMA. |
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|   | 5. | Bonus      Eligibility.  During the fiscal year ending on March 31,      2007, you will be eligible for an annual bonus, as determined by the      Compensation Committee and the Board of Directors and also subject to the      performance of the Company against the established bonus objectives. You      will not      be eligible to receive a bonus for the fiscal year beginning on April 1,      2007. Notwithstanding the foregoing, on or about May 1, 2008, you will      receive a payment equivalent to the greater of (i) the bonus paid to you      for the fiscal year ending on March 31, 2007 (if any), or (ii) a target      bonus of 45% of your entire day-to-day salary set forth in Section 3 of      this Agreement. |
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|   | 6. | Vacation.  Any      accrued but unused vacation time for calendar years 2006 and 2007 will be      paid to you, subject to applicable withholdings, promptly after beginning      your “Work At Home” period. You will not accrue vacation during your “Work      At Home” period. |
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|   | 7. | Accelerated      Vesting.  Effective immediately and throughout the term      of this Agreement, if there should be a Sale of the Company (defined at      Section 10 of the SMA) or if you should you die or become disabled, all of      your Carried Shares shall become fully vested immediately upon the closing      of the Sale of the Company or upon your death or the commencement of your      disability. |
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|   | 8. | Non-Disparagement.      Effective immediately, and throughout the term of this Agreement, you      agree not to disparage, criticize, defame, or make critical comment      regarding Prestige or any of the directors, officers, or employees of      Prestige in any writing, statement, or other written or oral      communication. During the same period of time, the Company and its      directors, officers and employees agree not to disparage, criticize,      defame or make critical comment regarding you in any writing, statement,      or other written or oralcommunication. |
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|   | 9. | Confidentiality.  You      agree to maintain confidentiality of all non-public, trade secret or      commercially sensitive information that has been revealed to you during      the course of your employment, whether such information |
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|   |   | was      first obtained during your “Work At Home” period or at any time prior      thereto. You agree that you will not disclose to any third parties,      directly or indirectly (except to the extent required by law, or if      requested by the Company), any such confidential or proprietary      information (a) which has not been disclosed publicly by the Company, (b)      which is otherwise not a matter of public knowledge or your personal      knowledge from sources unrelated to the Company, or (c) which is a matter      of public knowledge but you know that such information became a matter of      public knowledge through an unauthorized disclosure. You further agree to      treat this Agreement as confidential and will disclose its terms to no one      other than your family members and your personal legal and financial      advisors, with the understanding that such disclosures will be treated as      confidential. Notwithstanding the foregoing, you will be permitted to      disclose that this Agreement imposes upon you the duties set forth in      Sections 8, 9 and 14 hereof. |
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|   | 10.    | Agreed      Communication.  You and Prestige mutually agree and      consent to the text of the communication attached hereto as Exhibit A,      which may not and shall not be used for any purposes prior to the date      upon which Employee resigns as an officer of the  Company.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |

|   | 11. | Termination of      Employment. One year from your Resignation Date, your employment      with Prestige shall cease altogether. As of that date, you will be      afforded all customary and usual termination benefits, including but not      limited to the option to purchase COBRA health insurance. In the event      that any compensation to be paid to Employee pursuant to the terms of      Section 3      above is deemed to be a part of a nonqualified deferred compensation plan      under Section 409A of the Code, and if such treatment for tax purposes      causes Employee to become ineligible for COBRA benefits for anything less      than the full term of such benefits to which he would otherwise be      entitled, then the Company shall continue to provide full health benefits      to Employee, at the Company’s sole expense, for eighteen      months. |
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|   | 12. | Release of      Claims. As a condition precedent to this Agreement, you agree to      execute a release in the form of Exhibit C hereto. You further acknowledge      by your initials appearing at the end of this Section 12 that      Prestige has encouraged you to obtain counsel and to review this Agreement      prior to execution. /s/EMM |
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|   | 13. | Restriction on Sale of      Restricted Stock.  You acknowledge that you have been      advised of the possibility that the Company will participate in a      registered offering of the Company’s common stock (the      “Offering”).  In the event that such a registered offering is      consummated, and as a condition of this Agreement, you agree that you will      limit your participation in said offering to not more than the lesser of      (a) the sum of |
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|   |   | the      number of Vested Shares and Co-Invest Common Shares that you own on the      date that such offering is consummated, or (b) twenty-five percent (25%)      of the total number of Common Shares that you own on the date that such      offering is consummated. Notwithstanding anything to the contrary herein      or in the SMA, including Section 5(b)      thereof, you will retain the right to Transfer, at any future date, the      difference between the number of shares (i) that, but for the limitations      set forth in the immediately preceding sentence, you would otherwise be      entitled to sell and (ii) the amount that you actually do sell, providedthat you may      Transfer up to that entire difference in a single transaction or a series      of transactions, occurring either on a single date or on several dates, at      your sole election. Otherwise, the sale restrictions imposed by the SMA      will remain in full force and effect. You also agree to cooperate in this      or other similar Company activities, as requested, to the extent that it      is reasonably possible to do so. |
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|   | 14.    | Non-Compete. So      long as the Company is not in breach of its obligations under this      Agreement and the release that is annexed hereto as Exhibit C, during the      two-year period beginning on your Resignation Date, you agree not to      compete with the Company in the areas of: (a) OTC cryogenic wart treatment      products, (b) Devices for treatment or management of bruxism, (c) Liquid      OTC sore throat treatment products and lozenges, (d) Inter-proximal      devices, (e) Copper scrubbers, (f) powdered cleansers and (g) pediatric      OTC medicinal products, except with the express written consent of the      Company (which consent shall not be unreasonably  withheld).                                                                                                                                                                                                                                                                                                                                                                                                                                     |

|   | 15. | Lawful      Process.  Nothing set forth herein shall preclude you      from responding to any subpoena or other lawful process or order, nor      shall anything herein preclude you from discussing the terms of this      Agreement or the release that is annexed hereto as Exhibit C with your      spouse, your attorney, your tax advisor, or your accountant. You may also      disclose the terms of this Agreement as necessary to enforce your rights      under this Agreement. |
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|   | 16. | Death.  In      the event of your death or disability, all amounts payable to you      hereunder shall be paid to your estate or, if you are still living, to      you, as though you had fully performed all of your obligations hereunder      through October 1, 2008. |
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|   | 17. | Indemnity. The      Company agrees to indemnify, defend and hold you harmless against any      judgments, expenses, costs, attorneys’ fees, fines, or other amounts that      you may incur for liabilities that arise out of any proceedings, class      action suits, lawsuits, mediations, arbitrations, depositions, or      litigation of any kind or nature whatsoever, now pending or that may later      be brought or threatened against you by reason of the fact that you were      an employee of the Company, in accordance with the |
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|   |   | Company’s      indemnification provisions existing on the date of execution of this      Agreement. These rights are in addition to any other rights that you may      have under the Company’s bylaws, the laws of the State of New York, the      Delaware General Corporation Law, and any other applicable laws or      regulations. |
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|   | 18.    | No Future Long Term      Incentive Awards. In consideration of the benefits conferred      herein, you acknowledge that you will receive no additional Long Term      Incentive Awards, either in calendar year 2007 or 2008, or at any time      subsequent thereto.                                                                                |

|   | 19. | Attorney’s      Fees. The Company will reimburse any reasonable attorney’s fees      incurred by you in connection with the review and negotiation of this      document in an amount not to exceed$2,500. |
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|   | 20. | Amendment and      Waiver. Nothing in this Agreement abrogates or otherwise amends      Section      12(k) of the SMA. |
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| /s/Eric M.      Millar              August 30,      2007  |   | /s/Peter C.      Mann                         |   |
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| EricMillar                                                                                                                           |   | By:    Peter      C. Mann |   |
|                                                                                                                                 |   | Chief Executive      Officer of the Company   |   |
|                                                                                                                                 |   |                                          |   |
|                                                                                                                                 |   |                                          |   |
| /s/Stephen R.      O’Brien                                                                                                     |   |                                          |   |
| Witness                                                                                                                              |   |                                          |   |