| 1. | EMPLOYMENT. |
|----|-------------|

| 2. | DURATION OF      AGREEMENT. |
|----|-----------------------------|

| 2.2.1 |   | By      Agreement.  The Term may be extended to a specified      future date at any time by the specific written agreement of the parties      signed prior to the original expiration date specified in Section 2.1, or      any subsequent expiration date established pursuant to Section      2.2.2. |
|-------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 2.2.2  |   | Annual      Extension.  For purposes of this Agreement, April 1, 2010      and each April 1 thereafter shall be referred to as an "Anniversary Date,"      and the one-year period from each Anniversary Date to the next shall be      referred to as a "Contract Year."  On each Anniversary Date,      beginning April 1, 2010, unless either party to this Agreement has      notified the other in writing not less than three (3) months prior to such      Anniversary Date of that party’s intention to allow this Agreement to      expire and not be renewed at the end of the then current Term, the Term      shall automatically be extended for one Contract Year on and from each      Anniversary Date. |
|-------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | POSITION AND      DUTIES. |
|----|---------------------------|

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| 4. | COMPENSATION AND      BENEFITS. |
|----|---------------------------------|

| 4.2.1 |   | Annual Bonus      Plan.  Executive shall be entitled to an annual bonus,      the amount of which shall be determined by the Compensation Committee of      the Board (the "Committee").  The amount of and performance      criteria with respect to any bonus in any fiscal year shall be determined      not later than the date or time prescribed by Treas. Reg. § 1.162-27(e) in      accordance with a formula to be agreed upon by the Company and Executive      and approved by the Committee that reflects the financial and other      performance of the Company and the Executive's contributions      thereto.  Throughout the Term, the Executive's annual target      (subject to such performance and other criteria as may be established by      the Committee) bonus shall be no less than one hundred percent (100%) of      the Base Salary and the maximum bonus shall be no less than one hundred      fifty percent (150%) of the BaseSalary. |
|-------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.2.2 |    | Welfare Benefit      Plans.  During the Term, Executive and Executive’s      eligible dependents shall be eligible for participation in, and shall      receive all benefits under, the welfare benefit plans, practices, policies      and programs provided by the Company (including, without limitation,      medical, prescription, dental, disability, executive life, group life,      accidental death and travel accident insurance plans and programs)      ("Welfare Plans") to the extent applicable generally to Senior      Executives. |
|-------|--------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  4.2.3 |    | Vacation.  During      each Contract Year through the Term, Executive shall be granted four (4)      weeks’ paid vacation in accordance with the Company’s vacation policy as      in effect and as approved by the Committee from time to      time.  The timing of paid vacations shall be scheduled in a      reasonable manner by the Executive. |
|-------------|--------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.2.4 |    | Business      Expenses.  Executive shall be reimbursed for all      reasonable business expenses incurred in carrying out the work hereunder.      Executive shall follow the Company’s expense procedures that generally      apply to other Senior Executives in accordance with the policies,      practices and procedures of the Company to the extent applicable generally      to such Senior Executives. |
|-------|--------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.2.5 |    | Perquisites.  Executive      shall be entitled to receive such executive perquisites, fringe and other      benefits as are provided to the senior most executives and their families      under any of the Company’s plans and/or programs in effect from time to      time and such other benefits as are customarily available to Senior      Executives. |
|-------|--------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.2.6 |    | LTIP.  Executive      shall participate to the same extent as other Senior Executives in awards      under the Company’s 2005 Long-Term Equity Incentive Plan (the "LTIP      Plan").  Executive’s LTIP Award shall have at the time of grant      a value equal to Executive’s Base Salary then in effect at the time of the      LTIP Award multiplied by 265%.  The composition of LTIP Awards      shall be determined in accordance with the prevailing practice applicable      to Senior Executives.  The Company confirms that upon a "Change      in Control" (as defined in the LTIP Plan), all awards to the Executive      thereunder fully vest with no requirement that the Executive’s employment      with the Company have terminated. |
|-------|--------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | TERMINATION FOR      CAUSE. |
|----|-----------------------------|

|  (a) |   | Any      willful act by Executive involving fraud and any willful breach by      Executive of applicable regulations of competent authorities in relation      to trading or dealing with stocks, securities, investments, regulation of      the Company’s business and the like or any willful act by Executive      resulting in an investigation by applicable regulatory authorities which,      in each case, a majority of the Board determines in its sole and absolute      discretion materially adversely affects the Company or Executive’s ability      to perform his duties under thisAgreement; |
|-----------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (b) |    | Attendance      at work in a state of intoxication or otherwise being found in possession      at his place of work of any prohibited drug or substance, possession of      which would amount to a criminaloffense; |
|-----|--------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) |    | Executive's      personal dishonesty or willful misconduct in connection with his duties to      the Company; |
|-----|--------------|---------------------------------------------------------------------------------------------------------------|

| (d) |    | Breach      of fiduciary duty to the Company involving personal profit by the      Executive; |
|-----|--------------|-----------------------------------------------------------------------------------------------|

| (e) |    | Assault      or other act of violence against any employee of the Company or other      person during the course of hisemployment; |
|-----|--------------|------------------------------------------------------------------------------------------------------------------------------------|

| (f) |    | Conviction      of the Executive for any felony or crime involving moral      turpitude; |
|-----|--------------|------------------------------------------------------------------------------------------|

| (g) |    | Material      intentional breach by the Executive of any provision of this Agreement or      of any Company policy adopted by theBoard; |
|-----|--------------|-----------------------------------------------------------------------------------------------------------------------------------------|

| (h) |    | The      willful continued failure of Executive to perform substantially      Executive’s duties with the Company (other than any such failure resulting      from incapacity due to Disability, and specifically excluding any failure      by Executive, after good faith, reasonable and demonstrable efforts, to      meet performance expectations for any reason), after a written demand for      substantial performance is delivered to Executive by a majority of the      Board that specifically identifies the manner in which such Board believes      that Executive has not substantially performed Executive’s      duties. |
|-----|--------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6. | TERMINATION UPON      DEATH. |
|----|------------------------------|

----

| 7. | DISABILITY. |
|----|-------------|

----

| 8.   | EXECUTIVE'S      TERMINATION OF EMPLOYMENT FOR GOOD REASON OR WITHOUT      CAUSE. |
|----------------|-----------------------------------------------------------------------------------|

| (a) |    | Other      than his removal for Cause pursuant to Article 5,      without the written consent of Executive, the assignment to Executive of      any duties inconsistent in any material respect with Executive’s position      (including status, offices, titles and reporting requirements), authority,      duties or responsibilities as in effect on the Effective Date, or any      other action by the Company which results in a demonstrable diminution in      such position, authority, duties or responsibilities (including without      limitation the designation of another person as Chairman); but excluding,      for this purpose an isolated, insubstantial and inadvertent action not      taken in bad faith and which is remedied by the Company promptly after      receipt of notice thereof given byExecutive; |
|-----|--------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) |    | A      reduction by the Company in Executive’s Base Salary as in effect on the      Effective Date or as the same may be increased from time to      time; |
|-----|--------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) |    | A      reduction by the Company in Executive's annual target bonus (expressed as      a percentage of Base Salary) unless such reduction is a part of an      across-the-board decrease in target bonuses affecting all other Senior      Executives; provided, however that in any event, the Company may not      reduce Executive’s annual target bonus (expressed as a percentage of Base      Salary) below seventy-five percent (75%) of the Base    Salary; |
|-----|--------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d) |    | The      Company’s giving notice under Section 2.2.2      of its intention not to renew this Agreement unless at that time, the      Company could terminate this Agreement and Executive’s employment for      "Cause." |
|-----|--------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e) |    | The      failure by the Company to continue in effect any "pension plan or      arrangement" or any "compensation plan or arrangement" in which Executive      participates or the elimination of Executive’s participation in any such      plan (except for across the board plan changes or terminations similarly      affecting other Senior Executives); provided however that nothing in this      provision shall have the effect of impairing Executive’s entitlement to an      annual target bonus in the amount set forth in Section 8.1(c)      above; |
|-----|--------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (f) |    | The      Company’s requiring Executive, without his consent, to be based at any      office or location more than thirty (30) miles from the Company's current      headquarters in Irvington, NewYork; |
|-----|--------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (g) |    | The      material breach by the Company of any provision of this Agreement;      or |
|-----|--------------|-------------------------------------------------------------------------------------|

----

| (h) |    | A      "Change in Control" (as defined in the LTIP Plan) occurs and either the      Company repudiates this Agreement or a successor (if any and applicable)      (whether direct or indirect, by purchase, merger, consolidation or      otherwise) to all or substantially all of the business and/or assets of      the Company fails to assume expressly and agree to perform this Agreement      in the same manner and to the same extent that the Company would be      required to perform it if no such succession had taken    place. |
|-----|--------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (a) |    | Subject      to the Executive's execution and delivery of a Release, the Company shall      pay to Executive on the 60th day following the Executive's Termination of      Employment, the aggregate of the following  amounts: |
|-----|--------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (1) |    | in      a lump sum in cash within 30 days, the sum of (i) Executive’s Base Salary      through the date of termination to the extent not theretofore paid, (ii)      any accrued expenses and vacation pay to the extent not theretofore paid,      and (iii) unless Executive has elected a different payout date in a prior      deferral election, any compensation previously deferred by Executive      (together with any accrued interest or earnings thereon) to the extent not      theretofore paid (the sum of the amounts described in subparagraphs (i),      (ii) and (iii) shall be referred to in this Agreement as the "Accrued      Obligations"); |
|-----|--------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) |    | in      installments ratably over twelve (12) months in accordance with the      Company’s normal payroll cycle and procedures, the amount equal to the sum      of: (i) Executive’s annual Base Salary in effect as of the date of |
|-----|--------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   |         | termination;      plus (ii)      Executive’s Applicable Annual Bonus (as defined below).  For      purposes of this Agreement, "Applicable Annual Bonus" means the greater of      Executive’s actual annual incentive bonus from the Company earned in the      fiscal year immediately preceding the fiscal year in which Executive’s      Termination of Employment date falls or Executive’s target annual      incentive bonus (e.g., 75% of Base Salary as of the Effective Date) for      the year in which Executive’s Termination of Employment date falls;      and                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|--------|--------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| (3)    |    | in      the event the Termination of Employment occurs prior to March 31, 2010,      for each LTIP Award granted prior to the date of termination pursuant to      Section      4.2.6, a lump sum in cash equal to the product of: (i) a fraction,      the numerator of which shall be the number "one (1)" if the Executive has      been employed for twelve months or less from the applicable date of the      grant of the LTIP Award in question (the "Grant Date"), the number "two      (2)" if the Executive has been employed for more than twelve but less than      twenty four months from the Grant Date and the number "three (3)" if the      Executive has been employed for more than twenty four months from the      Grant Date and the denominator of which shall be the number "three (3)"      multiplied by      (ii) the value (based, in the case of restricted stock, upon the      closing market price of the Company’s common stock on the day prior to the      date of termination of employment) of the unvested portion of each LTIP      Award; and |

| (b) |    | The      Executive’s participation in the life, medical and disability insurance      programs in effect on the Termination of Employment date shall continue on      the same basis as an active employee of the Company for up to twelve (12)      months after Executive’s Termination of Employment date, provide such plan      or program permits the Executive's continued      participation.  Executive shall thereafter be entitled to      continuation of benefits pursuant to the provisions of the Consolidated      Omnibus Budget Reconciliation Act of 1985, as from time to time      amended. |
|-----|--------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) |    | To      the extent not theretofore paid or provided, the Company shall timely pay      or provide to Executive any other accrued amounts or accrued benefits      required to be paid or provided or which Executive is eligible to receive      under any plan, program, policy or practice or contract or agreement of      the Company (such other amounts and benefits shall be referred to in this      Agreement as the "Other Benefits"). |
|-----|--------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (a) |    | the      Executive continues to provide services as an employee of the Company at      an annual rate that is twenty percent (20%) or more of the services      rendered, on average, during the immediately preceding three full calendar      years of employment (or, if employed less than three years, such lesser      period) and the annual remuneration for such services is twenty percent      (20%) or more of the average annual remuneration earned during the final      three full calendar years of employment (or, if less, such lesser period),      or |
|-----|--------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) |    | the      Executive continues to provide services to the Company in a capacity other      than as an employee of the Company at an annual rate that is fifty percent      (50%) or more of the services rendered, on average, during the immediately      preceding three full calendar years of employment (or if employed less      than three years, such lesser period) and the annual remuneration for such      services is fifty percent (50%) or more of the average annual remuneration      earned during the final three full calendar years of employment (or if      less, such lesser period). |
|-----|--------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (a) |    | Release      Requirement.  No payment shall be made under this Article 8      unless the Executive delivers to the Company a Release, without revocation      thereof, no later than forty-five (45) days after Executive’s Termination      of Employment date and no payment or benefit hereunder shall be provided      to Executive prior to the Company’s receipt of such Release and the      expiration of any period of revocation provided for in the      Release. |
|-----|--------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) |    | Restriction      on Timing of Distributions.  Notwithstanding any provision of      this Agreement to the contrary, if the Executive is considered a Specified      Employee at Termination of Employment other than on account of death or      Disability, under such procedures as established by the Company in      accordance with Section 409A of the Code, all payments hereunder, other      than those that are deemed "separation pay" under Treas. Reg.      §1.409A-1(b)(9), that are made upon termination of employment may not      commence earlier than six (6) months after the date of      termination.  Therefore, in the event this provision is      applicable to the Executive, any distribution which would otherwise be      paid to the Executive within the first six months following termination      shall be accumulated and paid to the Executive in a lump sum on the first      day of the seventh month following termination.  All subsequent      distributions shall be paid in the manner specified.  "Specified      Employee" means a key employee (as defined in Section 416(i) of the Code      without regard to paragraph 5 thereof) of the Company if any stock of the      Company is publicly traded on an established securities market or      otherwise. |
|-----|--------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (a) |    | a      material diminution in the Executive’s base compensation which is defined,      for purposes of this paragraph, as basesalary; |
|-----|--------------|---------------------------------------------------------------------------------------------------------------------------------------------|

|  (b) |    | a      material diminution in the Executive’s authority, duties, or      responsibilities; |
|-----------|--------------|--------------------------------------------------------------------------------------------------|

| (c) |    | material      diminution in the authority, duties, or responsibilities of the supervisor      to whom the Executive is required toreport; |
|-----|--------------|-------------------------------------------------------------------------------------------------------------------------------------------|

| (d) |    | a      material diminution in the budget over which the Executive retains      authority; |
|-----|--------------|-------------------------------------------------------------------------------------------|

| (e) |    | a      material change in the geographic location at which the Executive must      perform his or her services; or |
|-----|--------------|--------------------------------------------------------------------------------------------------------------------|

| (f) |    | any      other action or inaction that constitutes a material breach by the Company      of the agreement under which the Executive performs his      services. |
|-----|--------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9. | PUBLICITY; NO DISPARAGING      STATEMENT. |
|----|-------------------------------------------|

| 10. | BUSINESS PROTECTION      PROVISIONS. |
|-----|--------------------------------------|

----

| (a) |    | "Competitive      Position" shall mean any employment, consulting, advisory, directorship,      agency, promotional or independent contractor arrangement between the      Executive and any person or Entity engaged in a line of business that      competes directly with any brand of the Company or any of its affiliates      or subsidiaries (collectively the "PBH Entities") whereby Executive is      required to or does perform services on behalf of or for the benefit of      such person or Entity which are substantially similar to the services in      which Executive participated or that he directed or oversaw while employed      by the Company.  For the purposes of this Section 10.2,      it is expressly understood and agreed that Executive shall not be      precluded from employment with an Entity that competes with the Company so      long as Executive does not participate, directly or indirectly, in the      business operations of any subsidiary, division or portion thereof that      manufactures, distributes or sells such competing brands so long as      Executive does not violate either Section 10.3 or      Section      10.4. |
|-----|--------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) |    | "Confidential      Information" shall mean the proprietary or confidential data, information,      documents or materials (whether oral, written, electronic or otherwise)      belonging to or pertaining to the PBH Entities, other than "Trade Secrets"      (as defined below), which is of tangible or intangible value to any of the      PBH Entities and the details of which are not generally known to the      competitors of the PBH Entities.  Confidential Information shall      also include: any items that any of the PBH Entities have marked      "CONFIDENTIAL" or some similar designation or are otherwise identified as      being confidential. |
|-----|--------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) |    | "Entity"      or "Entities" shall mean any business, individual, partnership, joint      venture, agency, governmental agency, body or subdivision, association,      firm, corporation, limited liability company or other entity of any      kind. |
|-----|--------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d) |    | "Restricted      Period" shall mean one (1) year following termination of Executive’s      employment hereunder; provided, however that the Restricted Period shall      be extended for a period of time equal to any period(s) of time within the      one (1) year period following termination of Executive's employment      hereunder that Executive is determined by a final non-appealable judgment      from a court of competent jurisdiction to have engaged in any conduct that      violates this Article 10 or any sections or subsections thereof, the      purpose of this provision being to secure for the benefit of the Company      the entire Restricted Period being bargained for by the Company for the      restrictions upon the Executive'sactivities. |
|-----|--------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (e) |    | "Territory"      shall mean each of the United States of America or any country other than      the United States of America in which the Company shall transact business      during the Term. |
|-----|--------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (f) |   | "Trade      Secrets" shall mean information or data of or about any of the PBH      Entities, including, but not limited to, technical or non-technical data,      customer lists, pricing models, formulas, patterns, compilations,      programs, devices, methods, techniques, drawings, processes, financial      data, financial plans, product plans or lists of actual or potential      suppliers that: (1) derives economic value, actual or potential, from not      being generally known to, and not being readily ascertainable by proper      means by, other persons who can obtain economic value from its disclosure      or use; (2) is the subject of efforts that are reasonable under the      circumstances to maintain its secrecy; and (3) any other information which      is defined as a "trade secret" under applicable  law. |
|-----|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (g) |    | "Work      Product" shall mean all tangible work product, property, data,      documentation, "know-how," concepts or plans, inventions, improvements,      techniques and processes relating to the PBH Entities that were conceived,      discovered, created, written, revised or developed by Executive during the      term of his employment with theCompany. |
|-----|--------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (a) |    | In      recognition of the need of the PBH Entities to protect their legitimate      business interests, Confidential Information and Trade Secrets, Executive      hereby covenants and agrees that Executive shall regard and treat Trade      Secrets and all Confidential Information as strictly confidential and      wholly-owned by the PBH Entities and shall not, for any reason, in any      fashion, either directly or indirectly, use, sell, lend, lease,      distribute, license, give, transfer, assign, show, disclose, disseminate,      reproduce, copy, misappropriate or otherwise communicate any such item or      information to any third party or Entity for any purpose other than in      accordance with this Agreement or as required by applicable law, court      order or other legal process: (i) with regard to each item      constituting a Trade Secret, at all times such information remains a      "trade secret" under applicable law, and (ii) with regard to any      Confidential Information, for the Restricted  Period. |
|-----|--------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) |    | Executive      shall exercise best efforts to ensure the continued confidentiality of all      Trade Secrets and Confidential Information, and he shall immediately      notify the Company of any unauthorized disclosure or use of any Trade      Secrets or Confidential Information of which Executive becomes      aware.  Executive shall assist the PBH Entities, to the extent      necessary, in the protection of or procurement of any intellectual      property protection or other rights in any of the Trade Secrets or      Confidential Information. |
|-----|--------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) |    | All      Work Product shall be owned exclusively by the PBH Entities.  To      the greatest extent possible, any Work Product shall be deemed to be "work      made for hire" (as defined in the Copyright Act, 17 U.S.C.A. §101 et seq., as amended), |
|-----|--------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   | and      Executive hereby unconditionally and irrevocably transfers and assigns to      applicable PBH Entity all right, title and interest Executive currently      has or may have by operation of law or otherwise in or to any Work      Product, including, without limitation, all patents, copyrights,      trademarks (and the goodwill associated therewith), trade secrets, service      marks (and the goodwill associated therewith) and other intellectual      property rights.  Executive agrees to execute and deliver to the      applicable PBH Entity any transfers, assignments, documents or other      instruments which the Company may deem necessary or appropriate, from time      to time, to protect the rights granted herein or to vest complete title      and ownership of any and all Work Product, and all associated intellectual      property and other rights therein, exclusively in the applicable PBH      Entity. |

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| 11. | RETURN OF MATERIALS; BOARD      RESIGNATION. |
|-----|----------------------------------------------|

| 12. | GENERAL    PROVISIONS. |
|-----|------------------------|

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|   | If to Company      to:    | Prestige Brands      Holdings, Inc.       |
|--------|--------------------------------|-------------------------------------------|
|   |                           | Attn:      General Counsel’s Office |
|   |                           | 90 North      Broadway                    |
|   |                           | Irvington, NY      10533                  |
|   |                           | Facsimile: (914)      524-7488            |
|   |                           |                                      |
|   | If to Executive      to:  | Mark  Pettie                              |
|   |                           | 25      Anderson Court                    |
|   |                           | Woodcliff Lake, NJ      07677             |
|   |                           |                                      |

----

| (a) |    | Except      as provided in subsection (d) of this Section 12.14,      the following provisions shall apply to disputes between Company and      Executive arising out of or related to either: (i) this Agreement      (including any claim that any part of this agreement is invalid, illegal      or otherwise void or voidable), or (ii) the employment relationship that      exists between Company andExecutive: |
|-----|--------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (1) |    | The      parties shall first use their best efforts to discuss and negotiate a      resolution of the dispute. |
|-----|--------------|----------------------------------------------------------------------------------------------------------------|

| (2)    |    | If      efforts to negotiate a resolution do not succeed within 5 business days      after a written request for negotiation has been made, a party may submit      to the dispute to mediation by sending a letter to the other party      requesting mediation.  The dispute shall be mediated by a      mediator agreeable to the parties or, if the parties cannot agree, by a      mediator selected by the American Arbitration Association.  If      the parties cannot agree to a mediator within 5 business days, either      party may submit the dispute to the American Arbitration Association for      the appointment of a mediator.   |
|--------|--------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |

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|   |   | Mediation      shall commence within 10 business days after the mediator has been      named. |
|--------|--------|-----------------------------------------------------------------------------------------------|

| (b) |    | In      the event that a dispute between Company and Executive that has been      submitted to mediation pursuant to subsection (a) of this section 12.14      is not resolved within sixty (60) days after a written request for      negotiation has been made, then, except as provided in subsection (d) of      this Section      12.14, any such dispute shall be resolved timely and exclusively by      final and binding arbitration pursuant to the American Arbitration      Association ("AAA") National Rules for the Resolution of Employment      Disputes (the "AAA Rules"). Arbitration must be demanded within ten (10)      calendar days after the expiration of the sixty (60) day period referred      to above.  The arbitration opinion and award shall be final and      binding on the Company and the Executive and shall be enforceable by any      court sitting within Westchester County, New York.  Company and      Executive shall share equally all costs of arbitration excepting their own      attorney’s fees unless and to the extent ordered by the arbitrator(s) to      pay the attorneys’ fees of the prevailingparty. |
|-----|--------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) |    | The      parties recognize that this Section 13.14      means that certain claims will be reviewed and decided only before an      impartial arbitrator or panel of arbitrators instead of before a court of      law and/or a jury, but desire the many benefits of the arbitration process      over court proceedings, including speed of resolution, lower costs and      fees, and more flexible rules of evidence.  The arbitrator or      arbitrators duly selected pursuant to the AAA’s Rules shall have the same      power and authority to order any remedy for violation of a statute,      regulation, or ordinance as a court would have; and shall have the same      power to order discovery as a federal district court has under the Federal      Rule of Civil Procedure. |
|-----|--------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d) |   | The      provisions of this Section 12.14      shall not apply to any action by the Company seeking to enforce its rights      arising out of or related to the provisions of Article 11 of this      Agreement. |
|-----|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e) |    | This      Section      12.14 is intended by the Company and the Executive to be      enforceable under the Federal Arbitration Act.  Should it be      determined by any court that the Act does not apply, then this Section 12.14      shall be enforceable under the applicable arbitration statutes of the      State of Delaware. |
|-----|--------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   |                                |                               |
|--------|-------------------------------------|------------------------------------|
|   | PRESTIGE      BRANDS HOLDINGS, INC. |                               |
|   |                                |                               |
|   | By:                                 | /s/ Peter      J. Anderson    |   |
|   | Title:                              |  Chief Financial      Officer |   |
|   |                                |                               |   |
|   |                                |                               |   |
|   | "EXECUTIVE"                         |                               |
|   |                                |                               |   |
|   |                                |                               |   |
|   |  /s/      Mark Pettie          |                               |
|   | Mark      Pettie                    |                               |