EXHIBIT 10.26

CUTTER & BUCK

701 North 34th Street, Suite 400
Seattle, WA 98103
1-800-929-9299

September 25,
2002

[                        ]
Cutter & Buck, Inc.
Seattle, WA 98103

Dear
[            ],

Because
the Company is experiencing a turbulent situation, the Board of Directors recently authorized a special Retention Incentive Program for a few employees who are key to the
Company's future success.

You
are certainly among those key people, and I am pleased to tell you that you have been granted the following:

Retention Incentive

If you are employed by the Company on March 20, 2004, the Company will grant you a bonus of
$                        . This payment will be paid as soon after
March 20, 2004 as practicable; or if the Company consummates a merger, consolidation, sale of all or substantially all of the Company's assets or liquidation, before then, 50% will be due upon
consummation of the transaction, and 50% six months thereafter.

The
purpose of this retention incentive payment is to entice you to stay with Cutter & Buck in spite of the turbulence, and to help it get to a new level of professionalism and
profitability.

Severance Payment

Alternatively, if the Company terminates your employment between now and March 20, 2004 for any reason other than for cause, you will be paid a severance
benefit in an amount of $            , contingent upon your execution at that time of a Severance Agreement in substantially the form of Exhibit A.As you can see, that Agreement generally provides that you will release the Company from any and all claims arising from your
employment or its termination through the date of the Agreement, and will agree not to solicit other employees, not to disparage the Company, to keep Company information confidential, and that the
severance payment is in lieu of any other severance arrangement obligation. The severance benefit will be paid in a single lump sum after the effective date of your release. You will not receive this
benefit if you resign or if you are terminated for "cause" as defined in the attachedExhibit B.

The
purpose of this severance arrangement is to enable you to concentrate on your work with us, rather than worrying about your job security.

Stock Option

You were granted an option to
purchase                        shares of Company Common Stock as of September 20, 2002 at $3.31 per share, the closing price
per
share of Company Common Stock on that date as reported by Nasdaq. These options will fully vest on the earlier of (i) March 20, 2004, or (ii) upon the consummation of a merger,
consolidation, sale of all or substantially all of the Company's assets, or liquidation by the Company.

The
purpose of this grant is to enable you to share in the results of the difficult work the Company is doing to recover and to position itself for the future. Or, if the Company
consummates a

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merger, consolidation, sale of substantially all assets or liquidation, to give you an incentive to align your interests directly with those of our shareholders.

You
will receive the paperwork on the stock options shortly. Other terms of the Retention Incentive Program are set forth in the attachedExhibit C.

I hope this award enables you to do your best work during this period, without worrying about the future. We need you and want you to be
at your best; that's why you were chosen for this Program.

Because only a few people are eligible to participate in this Program, it is very important that you do not discuss it. If you have
questions or want discussion, please talk with your member of the leadership team, or with Joni or Fran.

Change in Control Agreement

In addition to the Retention Incentive Program, our Board of Directors has amended your Change in Control Agreements and Confidentiality and
Non-Competition Agreements, generally, (i) to decrease the effective control thresholds that would trigger a change in control from 50% to 25%, (ii) to add the occurrence of
certain other events (i.e. sale of substantially all of the Company's assets and change in a majority of the Company's Board of Directors) that would trigger a change in control, (iii) to
increase the protection period following a change in control from one year to eighteen months, and (iv) to increase your severance payment from 100% of annual base salary to 150% of annual base
salary (and correspondingly, to extend the obligations set forth in your Confidentiality and Noncompetition Agreement). In addition to these changes, we have also amended the definition of
"Disability" and "Cause" to conform with applicable law. Attached asExhibit Dis a copy of your amended Change in Control Agreement (including
your amended Confidentiality and Non-Competition Agreement) marked with all the revisions. Please let Joni or Fran know if you have any questions or concerns.

In
any undertaking, success depends on the vision, the will, the efforts, and the integrity of key people. You and your work really matter, and I thank you and appreciate your
contribution.

CUTTER &
BUCK INC.

Frances
M. Conley
Chief Executive Officer

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EXHIBIT A

SEVERANCE AGREEMENT (INCLUDING RELEASE)

The employment of [Employee name] ("[    ]") with Cutter & Buck Inc. ("Cutter &
Buck") has ended. This Severance Agreement ("Agreement") acknowledges [    ]'s election to accept a separation payment from Cutter & Buck in an amount equal to
[$            ], less all lawful deductions. In consideration of the separation payment, [    ] and Cutter & Buck desire to settle
and resolve all possible disputes between them arising out of [    's] employment and to memorialize their agreement regarding certain post-termination
obligations assumed by [            ]. It is, therefore, agreed as follows:

1.Confidentiality of Agreement; Agreement Not Admission.    [            ] agrees to
keep this Agreement confidential and not to disclose any information contained in this Agreement, including the existence or substance of the separation payment, except to
[    ]'s personal attorney and tax or financial advisor. [    ] agrees to inform each individual to whom disclosure is made under
this paragraph of the confidentiality provisions in this Agreement. This Agreement is not an admission by Cutter & Buck that it (or any of its employees) has violated any law or failed to
fulfill any duty to [            ].

2.Termination of Employment.    Cutter & Buck and [            ] agree that all
aspects of [            ]'s employment ceased effective [Date ]. [            ] represents that he has not knowingly
participated in any wrongdoing, misrepresentation, or breach of any duty to Cutter & Buck or to any shareholder, investor, customer, vendor, employee or governmental regulator.

3.Separation Payment.    In consideration of [            ]'s release and performance
as set forth below, Cutter & Buck agrees to pay [            ] separation pay equal to [            ], subject to all
lawful deductions.
[            ] acknowledges that s/he
received all wages, benefits or other compensation due to him/her from Cutter & Buck and that this separation payment is in excess of any wages, benefits or other compensation due to him/her
from Cutter & Buck.

4.Release.    [            ] accepts Cutter & Buck's undertakings in this
Agreement as full settlement of any and all claims, known or unknown, arising out of or related to [            ]'s employment with Cutter & Buck, including but not
limited to any claims of lost wages, lost benefits, discrimination, retaliation, or wrongful discharge. These claims are examples, not a complete list, of the released claims, as it is the parties'
intent that [            ] release any and all claims, of whatever kind or nature, in exchange for the severance arrangements set forth in Paragraph 3 above.
[            ] realizes this constitutes a full and final settlement of any and all such claims, and except for obligations arising under this Agreement,
[            ] hereby also releases Cutter & Buck and its subsidiaries and affiliates (together with their respective officers, directors, employees, attorneys,
accountants, agents, successors, assigns, and anyone else against whom [            ] could assert a claim based on his/her employment with Cutter & Buck from and
against any liability to [            ] (or to anyone else [            ] has power to bind in this settlement) arising out of or
in connection
with the foregoing claims or matters.

5.ADEA Release.    [            ] acknowledges that s/he is knowingly and voluntarily
waiving and releasing any rights that he may have under the Age Discrimination in Employment Act ("ADEA"). [            ] also acknowledges that the consideration given for
this Agreement is in addition to anything of value to which [            ] was already entitled. [            ] further
acknowledges that s/he has
been advised by this writing, as required by the ADEA, that (a) this Agreement does not apply to any rights or claims that may arise after the execution date of this Agreement;
(b) [            ] should consult with an attorney prior to executing this Agreement; (c) [            ] has
[            ] (    ) days to consider this Agreement (although [            ] may choose to voluntarily
execute this Agreement earlier
and to waive such period of consideration); (d) [            ] has seven (7) days following the execution of this Agreement to revoke the Agreement; and
(e) this Agreement will not be effective until the date upon which the revocation period has expired, which will be the eighth day after this Agreement is executed

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by [            ] ("Effective Date"). Nothing in this Agreement prevents or precludes [            ] from challenging or seeking a
determination
in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs for doing so, unless specifically authorized by federal law.

6.Return of Company Property.    [            ] represents that on or before his/her
last day of work, s/he has returned to Cutter & Buck all property and equipment furnished to or prepared by [            ] in the course of or incident to his/her
employment by Cutter & Buck, including, without limitation, all books, manuals, records, reports, notes, contracts, lists, and other documents or materials, or copies thereof (including
computer files), the master key, company credit card, computer equipment, agreements, and all other proprietary information belonging, or relating to the business of Cutter & Buck or any
affiliate. [            ]'s obligation under this Agreement precludes him/her from keeping any copies of Cutter & Buck's property or documents without Cutter &
Buck's express written permission for each such item of which s/he wishes to retain a copy.

7.Other Performances Required of
[            ].    [            ] warrants and represents that s/he has not previously and will not in the
future disclose or use
confidential information related to Cutter & Buck's customers, personnel, designs, pricing, marketing plans, budgets, strategies, financial or other proprietary information that is
not otherwise available to the general public, including but not limited to information covered under the Uniform Trade Secrets Act, RCW 19.108 et seq., and that s/he will at all times continue to
keep all such information confidential. [            ] agrees to make himself reasonably available for, and cooperate with, Cutter & Buck in connection with
transitioning his/her prior job duties and providing information in connection with his prior job duties. [            ] further agrees that he will not disparage
Cutter & Buck, its officers, board members, directors, employees, customers or agents in any way now or in the future. [            ] further agrees that for a period
of twelve (12) months following the Effective Date of this Agreement, he will not, directly or indirectly, for himself or any other person or entity: (i) induce or attempt to induce any
employee, consultant, independent sales representative or independent contractor of Cutter & Buck to leave the employ of or terminate his, her or its contract with Cutter & Buck;
(ii) in any way interfere with the relationship between Cutter & Buck and any employee, consultant, independent sales representative or independent contractor of Cutter & Buck;
(iii) call on, reveal the name of, or otherwise solicit, accept business from or attempt to entice away from Cutter & Buck any actual or identified potential customer of Cutter &
Buck, nor will s/he assist others in doing any prohibited act identified above.

8.Agreement to Repay.    These obligations of confidentiality, transition cooperation, nondisparagement, and
nonsolicitation are material parts of the consideration and inducement to Cutter & Buck to provide the Separation Payment set forth herein. [            ] understands
and acknowledges that the provisions in this Paragraph 8 are necessary and reasonable to protect Cutter & Buck in the conduct of its business and that compliance with this Paragraph will
not prevent him/her from pursuing his/her livelihood. However, should any court find that any provision of this Paragraph is unreasonable, invalid or unenforceable, whether in period of time or
otherwise, then in that event the parties hereby agree that this Paragraph shall be interpreted and enforced to the maximum extent which the court deems reasonable. If
[    ] breaches any provision of this Agreement or if any of [    ]'s representations in the Agreement is false,
[            ] further understands and agrees to repay the Separation Payment and to pay Cutter & Buck's reasonable attorney fees, costs and damages that result from
[    ]'s breach.

9.General.    This Agreement (i) contains the entire understanding of the parties with respect to the
subject matter covered; (ii) supersedes all prior or contemporaneous understandings; (iii) may only be amended in a written instrument signed by both parties; (iv) is binding on
and inures to the benefit of the heirs, successors and assigns of each party; and (v) shall be governed by the laws of the State of Washington, except to the extent superseded by federal law,
including the Employee Retirement

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Income Security Act of 1974. Each party warrants that he, she or it is the true party in interest, and fully authorized to execute this Agreement.

10.Knowing and Voluntary Waiver.    [            ] acknowledges that s/he has been
advised to consult with an attorney, and has had the opportunity to do so, before signing this Agreement, which [            ] has been given a reasonable period of time to
consider.

11.Payment of Separation Payment.    The separation payment promised in paragraph 3 will be paid to
[            ] in a single check on the eighth day after [            ]'s execution of this Agreement.

PLEASE
READ CAREFULLY. THIS IS A VOLUNTARY AGREEMENT THAT INCLUDES A RELEASE OF ALL KNOWN AND UNKNOWN CLAIMS.

|Date: |  |  |  | [                                                |  | ] | 
|----- |  |  |  | ------------------------------------------------ |  | - | 
|      |  |  |  |                                                  |  |   | 
|Date: |  |  |  | Cutter & Buck Inc.                               | 
|      |  |  |  |                                                  |  |   | 
|      |  |  |  | By:                                              |  |   | 
|      |  |  |  |                                                  | 
|      |  |  |  | Frances M. Conley
Title: Chief Executive Officer

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EXHIBIT B

DEFINITION OF "CAUSE"

Each of the following shall constitute "Cause" for termination, resulting in ineligibility for any severance benefit:



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EXHIBIT C

GENERAL TERMS OF RETENTION INCENTIVE PROGRAM

1.    The
Compensation Committee of the Board of Directors of the Company (the "Committee") shall administer the Retention Incentive Program and adopt rules and regulations to
implement the Retention Incentive Program. Decisions of the Committee shall be final and binding on all parties who have an interest in the Retention Incentive Program. The Committee may at any time
amend the Retention Incentive Program, provided that such action shall not adversely affect the participants in the Retention Incentive Program.

2.    No
eligible employee shall earn any portion of a cash payment under the Retention Incentive Program unless and until the specific date set forth in this Program. If an
eligible employee ceases to be employed by either the Company or one or more of its subsidiaries for any reason on or before the date when the cash payment is due, then he or she shall not earn or
receive any cash payment under the Retention Incentive Program.

3.    No
cash payment under the Retention Incentive Program shall actually be funded, set aside or otherwise segregated prior to payment. The obligation to pay the cash payment
under the Retention Incentive Program shall at all times be an unfunded and unsecured obligation of the Company. Retention Incentive Program participants shall have the status of general creditors and
shall look solely to the general assets of the Company for the payment of their cash payments.

4.    No
Retention Incentive Program participant shall have the right to alienate, pledge or encumber his or her interest in the Retention Incentive Program, and such interest
shall not (to the extent permitted by law) be subject in any way to the claims of the employee's creditors or to attachment, execution or other process of law.

5.    No
action of the Company in establishing the Retention Incentive Program, no action taken under the Retention Incentive Program by the Committee and no provision of the
Retention Incentive Program itself shall be construed to grant any person the right to remain in the employ of the Company or its subsidiaries for any period of specific duration. Rather, each
employee will be employed "at will," which means that either such employee or the Company may terminate the employment relationship at any time and for any reason, with or without cause.

6.    This
Retention Incentive Program document is the full and complete agreement between the eligible employees and the Company on the terms described herein.

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EXHIBIT D

CHANGE IN CONTROL AGREEMENT  FOR  (As amended September 18, 2002)

This Agreement is entered into this 9th day of September, 2002, by and between Cutter & Buck Inc. (the "Company")
and                        ("Executive").
Executive is an at-will employee of the Company. The parties wish to provide Executive with severance benefits if Executive's employment is terminated in connection with a change in
control of the Company. The Company is willing to provide such benefits if Executive enters into the Company's form of Confidentiality and Non-Competition Agreement for executive officers.

NOW,
THEREFORE, in consideration of the foregoing recitals and the covenants and conditions contained herein, the parties hereby agree as follows:

1.CHANGE IN CONTROL.



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2.CONFIDENTIALLY AND NON-COMPETITION AGREEMENT.    In consideration of the obligations undertaken by
the Company pursuant to this Agreement, contemporaneously with the execution of this Agreement, Executive and the Company shall enter into the form of Confidentiality and Non-Competition
Agreement attached hereto as EXHIBIT A and each agreement shall be effective only if both agreements have been executed.

3.TERM OF AGREEMENT.    The Company's obligations under Section 1 of this Agreement shall expire with
respect to Control Events occurring on or after the second anniversary of the date of this Agreement ("Initial Expiration Date"), provided however, that such obligations shall automatically extend for
one (1) year on each anniversary of the Initial Expiration Date unless terminated by the Company effective as of the last day of the then current one (1) year extension by written notice
to

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that effect delivered to the Executive not fewer than ninety (90) days prior to such anniversary of the Expiration Date.

4.AT WILL EMPLOYMENT.    Unless and to the extent otherwise agreed by the Company and Executive in a separate
written employment agreement, Executive's employment shall be "at will", with either party permitted to terminate the employment at any time, with or without cause. No term of any employment agreement
between the Company and Executive shall be construed to conflict with, lessen or expand the obligations of the parties under this Agreement.

5.NOTICES.    All notices and other communications called for or required by this Agreement shall be in writing
and shall be addressed to the parties at their respective addresses stated below or to such other address as a party may subsequently specify by written notice and shall be deemed to have been
received (i) upon delivery in person, (ii) five days after mailing it by U.S. certified or registered mail, return receipt requested and postage prepaid, or (iii) two days after
depositing it with a commercial overnight carrier which provides written verification of delivery:

To the Company:

701 N. 34th Street, Suite 400
Seattle, Washington 98103
Attention: Chief Executive OfficerTo Executive:


6.WITHHOLDING.    Except as described in subsection 1(g) of this Agreement, all payments
due to and all benefits to be provided to Executive hereunder shall be subject to reduction for any applicable withholding taxes, including excise taxes.

7.ASSIGNMENT.    Executive's rights and duties hereunder are personal to Executive and are not assignable to
others, but Executive's obligations hereunder will bind his heirs, successors, and assigns. The Company may assign its rights under this Agreement in connection with any merger or consolidation of the
Company or any sale of all or any portion of the Company's assets (including, without limitation, any division or product line), provided that any such successor or assignee expressly assumes in
writing the Company's obligations hereunder.

8.NO DUTY TO MITIGATE.    Executive shall not be required to mitigate the amount of any payment made or benefit
provided hereunder. The Company may offset any payment due hereunder by the amount of damages to the Company resulting from any breach of this Agreement by Executive.

9.GENERAL.    This Agreement constitutes the exclusive agreement of the parties with respect to the subject matter
hereof and supersedes all prior agreements or understandings of the parties. No waiver of or forbearance to enforce any right or provision hereof shall be binding unless in writing and signed by the
party to be bound, and no such waiver or forbearance in any instance shall apply to any other instance or to any other right or provision. This Agreement will be governed by the local laws of the
State of Washington without regard to its conflicts of laws rules to the contrary. The parties hereby consent to the exclusive jurisdiction and venue of the state and federal courts sitting in King
County, Washington for all matters and actions arising under this Agreement. The prevailing party shall be entitled to reasonable attorneys' fees and costs incurred in connection with such litigation.
No term hereof shall be construed to limit or supersede any other right or remedy of the Company under applicable law with respect to the protection of trade secrets or otherwise. If any provision of
this Agreement is held to be invalid or unenforceable to any extent in any context, it shall nevertheless be enforced to the fullest extent allowed by law in that and other contexts, and the validity
and force of the remainder of this Agreement shall not be affected thereby.

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IN
WITNESS WHEREOF, the parties have caused this Agreement to be signed as of the date first above written.

|CUTTER & BUCK INC. |                         | EXECUTIVE:
|------------------ | ----------------------- | ----------
|By:                |                         |           
|                   | Frances M. Conley       |           
|Its:               | Chief Executive Officer |           

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EXHIBIT A

TO CHANGE IN CONTROL AGREEMENT

CONFIDENTIALITY AND NON-COMPETITION AGREEMENT  FOR

This
Agreement is entered into this        day of                        , 2002, by and between
Cutter & Buck Inc. (the "Company") and                        ("Executive").
Executive is an at-will employee of the Company. In consideration of entering into an agreement to provide Executive with severance benefits if Executive's employment is terminated in
connection with a change in control in the Company, Executive promises, on the terms set forth herein,
at all times to protect the Company's proprietary information and to not compete with the Company following termination of Executive's employment in connection with a change in control.

NOW,
THEREFORE, in consideration of the foregoing recitals and the covenants and conditions contained herein, the parties hereby agree as follows:

1.Non-competition and Non-solicitation.



2.Trade Secrets and Confidential Information.



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3.Intellectual Properties.



4.Authority and Non-Infringement.Executive warrants that any and all items, technology, and
Intellectual Properties of any nature developed or provided by Executive under this Agreement and in any way for or related to the Company will be original to Executive and will not, as provided to
the Company or when used and exploited by the Company and its contractors and customers and its and

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their successors and assigns, infringe in any respect on the rights or property of Executive or any third party. Executive will not, without the prior written approval of the Company, use any
equipment, supplies, facilities, or proprietary information of any other party. Executive warrants that Executive is fully authorized to enter into employment with the Company and to perform under
this Agreement, without conflicting with any of Executive's other commitments, agreements, understandings or duties, whether to prior employers or otherwise. Executive will indemnify the Company for
all losses, claims, and expenses (including reasonable attorneys' fees) arising from any breach of by him/her of this Agreement.

5.Remedies.The harm to the Company from any breach of Executive's obligations under this Agreement may be
wholly or partially irreparable, and Executive agrees that such obligations may be enforced by injunctive relief and other appropriate remedies, as well as by damages. If any bond from the Company is
required in connection with such enforcement, the parties agree that a reasonable value of such bond shall be $5,000. Any amounts received by Executive or by any other through Executive in breach of
this Agreement shall be held in constructive trust for the benefit of the Company.

6.Executive Agreement.In consideration of the obligations undertaken by Executive pursuant to this Agreement,
contemporaneously with the execution of this Agreement, Executive and the Company are entering into a Change in Control Agreement (the "Change in Control Agreement"), and each agreement shall be
effective only if both agreements have been executed.

7.At Will Employment.Unless and to the extent otherwise agreed by the Company and Executive in a separate
written employment agreement, Executive's employment shall be "at will", with either party permitted to terminate the employment at any time, with or without cause. No term of any employment agreement
between the Company and Executive shall be construed to conflict with or lessen Executive's obligations under this Agreement.

8.Notices.All notices and other communications called for or required by this Agreement shall be in writing
and shall be addressed to the parties at their respective addresses stated below or to such other address as a party may subsequently specify by written notice and shall be deemed to have been
received (i) upon delivery in person, (ii) five days after mailing it by U.S. certified or registered mail, return receipt requested and postage prepaid, or (iii) two days after
depositing it with a commercial overnight carrier which provides written verification of delivery:

To the Company:

701 N. 34th Street, Suite 400
Seattle, Washington 98103
Attention: Chief Executive OfficerTo Executive:


9.Assignment.Executive's rights and duties hereunder are personal to Executive and are
not assignable to others, but Executive's obligations hereunder will bind his/her heirs, successors, and assigns. The Company may assign its rights under this Agreement in connection with any merger
or consolidation of the Company or any sale of all or any portion of the Company's assets (including, without limitation, any division or product line), provided that any such successor or assignee
expressly assumes in writing the Company's obligations under the Executive Agreement.

10.General.This Agreement constitutes the exclusive agreement of the parties with respect to the subject
matter hereof and supersedes all prior agreements or understandings of the parties. No waiver of or forbearance to enforce any right or provision hereof shall be binding unless in writing and signed
by the party to be bound, and no such waiver or forbearance in any instance shall apply to any other instance or to any other right or provision. This Agreement will be governed by the local laws of
the State of Washington without regard to its conflicts of laws rules to the contrary. The parties hereby consent to the exclusive jurisdiction and venue of the state and federal courts residing in
King County,

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Washington for all matters and actions arising under this Agreement. The prevailing party shall be entitled to reasonable attorneys' fees and costs incurred in connection with such litigation. No
term hereof shall be construed to limit or supersede any other right or remedy of the Company under applicable law with respect to the protection of trade secrets or otherwise. If any provision of
this Agreement is held to be invalid or unenforceable to any extent in any context, it shall nevertheless be enforced to the fullest extent allowed by law in that and other contexts, and the validity
and force of the remainder of this Agreement shall not be affected thereby.

IN
WITNESS WHEREOF, the parties have caused this Agreement to be signed as of the date first above written.

|CUTTER & BUCK INC. |                         | EXECUTIVE:
|------------------ | ----------------------- | ----------
|By:                |                         |           
|                   | Frances M. Conley       |           
|Its:               | Chief Executive Officer |           

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