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                                EXHIBIT (10)(x)

                        Material Contracts -- Agreement
                          Regarding Dan Gordman Fund,
                          between the Estate of Esther
                            Gordman, The Dan Gordman
                          Fund and Richman Gordman 1/2
                        Price Stores, Inc., dated as of
                               December 13, 1996.








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                      AGREEMENT REGARDING DAN GORDMAN FUND
     THIS AGREEMENT is made by and between The Estate of Esther Gordman
("Estate"), The Dan Gordman Fund (hereinafter "Gordman Fund") and Richman
Gordman 1/2 Price Stores, Inc., a Delaware corporation (hereinafter "RG").
     WHEREAS, The Gordman Fund is the beneficiary of and asserts it has a claim
(the "Subrogation Claim") against the proceeds of Security Life of Denver
Policy No. 9547594 (the "Policy") which insured the life of Dan Gordman; and
     WHEREAS, RG and Esther Gordman collaterally assigned the Policy proceeds
to Harris Trust & Savings Bank (hereinafter "Harris Bank"), which assignment
the Estate and the Gordman Fund do not dispute; and
     WHEREAS, upon the death of Dan Gordman (the insured) the Policy proceeds
were applied by Harris Bank to the balance due on a certain installment note
executed by RG in favor of Harris Bank (the "Note"); and
     WHEREAS, RG acknowledges that the Subrogation Claim is valid and, upon
payment in full of the Note, shall become fully payable  in accordance with
Paragraph 2 below; and
     WHEREAS, the amount of the Subrogation Claim by the Gordman Fund can be
calculated as follows:


     Insurance Payment:

     Death Benefit plus Accelerator Rider:        $655,606.50
     Premium Reimbursement:                       $325,787.40 (48.95%)
     Balance for Fund:                            $339,819.10 (51.05%)
     Interest from date of death
     until paid by insurer:                       $ 14,801.63


     Company portion (48.95%):                    $  7,245.40




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     Fund Portion (51.05%):                     $7,556.23
     Total principal amount of subrogation
                       claim:
     
     Death benefit:                             $339,819.10
     Interest paid by insurer:                  $  7,556.23
                                                -----------
        Total Subrogation Claim                 $347,375.33
     
NOW, THEREFORE the Estate, Gordman Fund and RG agree as follows:

     1. RG agrees, upon payment in full of the Note, to pay to the
Gordman Fund the Subrogation Claim principal amount of $347,375.33, plus
interest on the unpaid balance at the rate of 7%, which shall accrue
from and after May 5, 1994, the date on which Harris Bank applied the
proceeds of the Policy to the Note.
     2. Payments of the Subrogation Claim amount shall be paid by RG to
the Gordman Fund on the 20th day of each month, commencing the month
after the Note is paid in full, in the amount of $67,000 per month until
fully paid.

     Dated: December 13, 1996
                         
                               DAN GORDMAN FUND
                               
                               
                               
                               By: /s/ Jerome P. Gordman
                                  ---------------------------------
                                  Jerome P. Gordman, Trustee
                               
                               
                               RICHMAN GORDMAN 1/2 PRICE STORES,  INC.
                               
                               
                               By: /s/ Jeffrey J. Gordman
                                  ---------------------------------
                                  Jeffrey J. Gordman, President and Chief
                                  Executive Officer
                               
                               ESTATE OF ESTHER GORDMAN
                               
                               By:    /s/ Jerome P. Gordman
                               ---------------------------------
                               Jerome P. Gordman, Co-Personal Representative
                               
                               
                               
                               By: /s/ Nelson T. Gordman 
                               ---------------------------------
                               Nelson T. Gordman, Co-Personal Representative