<PAGE>




                                  HAGGAR CORP.

                           SPLIT-DOLLAR INSURANCE PLAN


         WHEREAS, HAGGAR CORP., a Nevada Corporation with its principal place
of business in Dallas, Texas, (hereinafter referred to as the "Corporation"),
desires to implement the Haggar Corp. Split-Dollar Insurance Plan; and

         WHEREAS, the Corporation desires to recognize the valued service of
certain of its employees; and

         WHEREAS, the Corporation is willing to pay the premiums due on
employee life insurance protection as an additional employment benefit for
such employees on the terms and conditions set forth in this plan document
and any split-dollar life insurance agreement issued hereunder; and

         WHEREAS, the following shall constitute the provisions of the Haggar
Corp. Split-Dollar Insurance Plan, effective as of October 1, 1999.

1.       DEFINITIONS.

         a.       CHANGE OF CONTROL.  Change of Control means (i) a merger or
                  consolidation of the Corporation with or into another
                  corporation in which the Corporation shall not be the
                  surviving corporation (other than a merger undertaken
                  solely in order to reincorporate in another state) (for
                  purposes hereof, the Corporation shall not be deemed the
                  surviving corporation in any such transaction if, as the
                  result thereof, it becomes a wholly-owned subsidiary of
                  another corporation), (ii) a dissolution of the Corporation,
                  (iii) a transfer of all or substantially all of the assets
                  of the Corporation in one transaction or a series of
                  related transactions to one or more other persons or
                  entities, (iv) a transaction or series of transactions that
                  result in any entity, person or Group, other than J.M.
                  Haggar III, any person, entity or Group under his control,
                  or a trustee or other fiduciary holding securities under an
                  employee benefit plan maintained by the Corporation or any
                  Subsidiary, becoming the beneficial owner, directly or
                  indirectly, of securities of the Corporation representing
                  more than 50% of the combined voting power of the
                  Corporation's then outstanding securities, or (v) during
                  any period of two (2) consecutive years commencing on or
                  after October 1, 1999, individuals who at the beginning of
                  the period constituted the Board cease for any reason to
                  constitute at least a majority, unless the election of each
                  director who was not a director at the beginning of the
                  period has been approved in advance by directors representing
                  at least two-thirds (2/3) of the directors then in office
                  who were directors at the beginning of the period. As used
                  herein, "Group" means persons who act in concert as described
                  described in Sections 13(d)(3) and/or 14(d)(2) of the
                  Securities Exchange Act of 1934, as amended, or any successor
                  statute.

         b.       CORPORATION. Corporation means Haggar Corp.

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SPLIT-DOLLAR INSURANCE PLAN                                                   1

<PAGE>

         c.       DISABILITY. A Participant's Disability shall mean a physical,
                  mental or emotional injury, illness or disorder that renders
                  him unable to capably perform substantially all of his usual
                  and customary duties for the Corporation with the degree of
                  decorum and dignity normally associated with employment in a
                  similar capacity. If there is a disagreement between the
                  Corporation and the Participant concerning the existence of
                  a Disability, it shall be resolved by the majority opinion
                  of three physicians, one appointed by the Corporation, one
                  appointed by the Participant, and the third appointed by the
                  first two physicians. The Corporation shall pay the cost of
                  assessment and determination by the physicians

         d.       EFFECTIVE DATE. The Plan shall be effective as of October 1,
                  1999.

         e.       ELIGIBLE EMPLOYEE.  An Eligible Employee shall be any
                  employee who is a member of a select group of management and
                  highly compensated employees of the Corporation or any
                  Subsidiary, who is designated as such by the Corporation in
                  accordance with Section 3 of this Plan, and who satisfies
                  the insurability requirements established by the Corporation
                  under Section 7 of this Plan.

         f.       INSURER. Insurer means the insurance company issuing the
                  policy of life insurance protection for the life of an
                  Eligible Employee that is duly identified in a Split-Dollar
                  Insurance Agreement entered into by the Corporation and the
                  Eligible Employee.

         g.       OWNER. Owner means the Participant or the person or entity
                  designated as the Owner in the Split-Dollar Insurance
                  Agreement. If the Policy is a Participant-owned Policy, on
                  the death of a Participant or the Participant and his spouse
                  which results in the payment of a death benefit from the
                  Policy, Owner may also refer to the beneficiary or
                  beneficiaries designated by the Participant to receive the
                  death benefit thereunder.

         h.       PARTICIPANT. Participant means an Eligible Employee of the
                  the Corporation that has entered into a Split-Dollar
                  Insurance Agreement with the Corporation.

         i.       PLAN. Plan means the Haggar Corp. Split-Dollar Insurance
                  Plan.

         j.       POLICY. Policy means the policy of life insurance purchased
                  pursuant to and duly identified in a Split-Dollar Insurance
                  Agreement entered into between the Corporation and a
                  Participant.

         k.       SPLIT-DOLLAR INSURANCE AGREEMENT. Split-Dollar Insurance
                  Agreement means the agreement entered into by the
                  Corporation and a Participant pursuant to the terms of this
                  Plan.

         l.       SUBSIDIARY.  Subsidiary means any corporation in which the
                  Corporation owns stock possessing 80 per cent or more of the
                  total combined voting power of all classes of stock.

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SPLIT-DOLLAR INSURANCE PLAN                                                   2

<PAGE>

2.       ADMINISTRATION OF THE PLAN. The Plan shall be administered by and in
         the sole discretion of the Corporation. The Corporation may, subject
         to the provisions of the Plan, enter into Split-Dollar Insurance
         Agreements under the Plan and shall have the power to construe the
         Plan, to determine all questions thereunder, to adopt and amend such
         rules and regulations for the administration of the Plan as it may
         deem desirable and it shall be responsible for establishing and
         carrying out a funding policy and method consistent with the
         objectives of this Plan. The decisions of the Corporation shall be
         final, conclusive, and binding upon all parties whomsoever.  In
         administering the Plan, the Corporation may employ accountants and
         counsel (who may be the independent auditors and outside counsel for
         the Corporation) and other persons to assist or render advice to it.

3.       DESIGNATION OF ELIGIBLE EMPLOYEE. The Corporation shall, from time to
         time and in its sole discretion, designate certain employees or
         officers of the Corporation or the Corporation's Subsidiary as
         Eligible Employees, subject to their satisfaction of the insurance
         underwriting process in accordance with Section 7 of this Plan.

4.       PARTICIPATION. An Eligible Employee may become a Participant in the
         Plan by entering into a Split-Dollar Insurance Agreement with the
         Corporation.

5.       PURCHASE OF POLICY. Contemporaneous with the execution of the Split-
         Dollar Insurance Agreement, the Owner will purchase a policy of life
         insurance insuring the life of the Participant or the Participant and
         his spouse (the "Policy").  The terms of the Policy, including the
         identity of the Insurer issuing such Policy and the total face amount
         of the Policy, are subject to the approval of the Corporation. The
         Policy shall conform to and is subject to the terms and conditions of
         this Plan, the Split-Dollar Insurance Agreement and the collateral
         assignment filed with the Insurer relating to the Policy.

6.       OWNERSHIP OF POLICY. The Owner shall be the sole and absolute owner of
         the Policy, and may exercise all ownership rights granted to the owner
         thereof by the terms of the Policy, except as may otherwise be
         provided herein or in the Split-Dollar Insurance Agreement and the
         collateral assignment of the Policy.

7.       INSURABILITY STANDARDS.  Each employee designated as an Eligible
         Employee and his spouse, if applicable, must comply with underwriting
         procedures, as established by the Corporation, to determine that the
         Insurer's underwriting requirements are met, including a requirement
         that the employee and/or his spouse undergo a physical examination.
         An employee of the Corporation will not be an Eligible Employee
         unless the Insurer's underwriting requirements are met.  The
         Corporation shall have no obligation to an employee, nor shall an
         employee enter into any Split-Dollar Insurance Agreement, absent
         satisfaction of the Insurer's underwriting requirements.

8.       POLICY DIVIDENDS. Unless otherwise provided in the Split-Dollar
         Insurance Agreement, any dividend declared on the Policy shall be
         applied to purchase paid-up additional insurance on the life of the
         Participant. If the Policy does not permit the use of dividends to
         purchase paid-up additional insurance, the dividends shall be applied
         as mutually

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SPLIT-DOLLAR INSURANCE PLAN                                                   3

<PAGE>

         agreed by the Corporation and the Participant at the time the
         Split-Dollar Insurance Agreement is entered into by the Corporation
         and the Participant.

9.       PAYMENT OF PREMIUMS. The Corporation shall pay the full amount of the
         premium to the Insurer within the period permitted for such payments,
         and shall, upon request, furnish the Participant with evidence of such
         premium payments. The Corporation shall annually Furnish the
         Participant with a statement of the amount of income reportable by the
         Participant for federal income tax purposes as a result of the life
         insurance protection provided the Participant.

10.      COLLATERAL ASSIGNMENT. To secure the repayment to the Corporation of
         the amount of premiums on the Policy paid by the Corporation, the
         Owner shall assign the Policy to the Corporation as collateral.  In
         addition to those rights in the Policy granted to the Corporation by
         this Plan, the Split-Dollar Insurance Agreement or the collateral
         assignment, the Corporation shall have the absolute right to be
         repaid the amounts it has paid toward premiums on the Policy in
         accordance with the Split-Dollar Insurance Agreement.  The collateral
         assignment of the Policy to the Corporation shall not be terminated,
         altered, or amended by the Owner without the express written consent
         of the Corporation. The collateral assignment shall conform to and is
         subject to the terms and conditions of this Plan and the Split-Dollar
         Insurance Agreement.

11.      LOANS. The Corporation shall have the right to obtain one or more
         loans or advances on the Policy, either from the Insurer, or, at any
         time, from other persons, and to pledge or assign the Policy as
         security for such loans or advances, but only up to the amount of
         premiums paid by the Corporation on the Policy at the time of the
         loan or advance, less the amount of any loans or advances theretofore
         obtained upon the security of the Policy. The Participant shall have
         no right to obtain a loan or advance on the Policy prior to the
         termination of the Split-Dollar Insurance Agreement.

12.      LIMITATION ON OWNER'S RIGHTS IN POLICY.

         a.       The Owner shall take no action with respect to the Policy
                  which would in any way compromise or jeopardize the
                  Corporation's right to be repaid the amounts it has paid
                  toward premiums on the Policy while the Split-Dollar
                  Insurance Agreement is in effect. Except as otherwise
                  provided herein, the Owner shall not sell, assign, transfer,
                  or borrow against, surrender or cancel the Policy without
                  the express written consent of the Corporation.

         b.       Notwithstanding any provision hereof to the contrary, the
                  Owner shall have the right to absolutely and irrevocably
                  give to a donee all of his right, title and interest in and
                  to the Policy, subject to the Split-Dollar Insurance
                  Agreement and the collateral assignment of the Policy to the
                  Corporation. The Owner may exercise this right by executing
                  a written transfer of ownership and delivering such document
                  to the Corporation. Upon receipt of such form, executed by
                  the Owner and duly accepted by the donee thereof, the
                  Corporation shall consent thereto in writing, and shall
                  thereafter treat the Owner's donee as the sole owner of all
                  of the employee's right, title and interest in and to the
                  Policy, subject to the Split-Dollar

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SPLIT-DOLLAR INSURANCE PLAN                                                   4

<PAGE>

                  Insurance Agreement and the collateral assignment of the
                  Policy to the Corporation. Thereafter, the Owner shall have
                  no right, title or interest in and to the Policy, all such
                  rights being vested in and exercisable only by such donee.

13.      COLLECTION OF DEATH PROCEEDS.

         a.       Upon the death of the Participant or the Participant and his
                  spouse, as applicable, which results in the payment of a
                  death benefit under the Policy, the Corporation shall have
                  the unqualified right to receive a portion of such death
                  benefit equal to the total amount of the premiums paid by
                  the Corporation reduced by any outstanding loans or advances
                  obtained by the Corporation from the Insurer and secured by
                  the Policy, including any interest due on such indebtedness.
                  The balance of the death benefit provided under the Policy,
                  if any, shall be paid directly to the Owner in the manner
                  and in the amount or amounts provided in the Policy. In no
                  event shall the amount payable to the Corporation hereunder
                  exceed the Policy proceeds payable at the death of the
                  employee. No amount shall be paid from such death benefit to
                  the Owner until the full amount due the Corporation
                  hereunder has been paid. The beneficiary designation
                  provision of the Policy shall conform to the provisions of
                  this Plan and the Split-Dollar Insurance Agreement.

         b.       Upon the death of the Participant or the Participant and his
                  spouse as provided above, when such benefit has been
                  collected and paid to the Corporation as provided above, the
                  Split-Dollar Insurance Agreement shall terminate.

         c.       Notwithstanding any provision hereof to the contrary, in the
                  event that, for any reason whatsoever, no death benefit is
                  payable under the Policy upon the death of the Participant
                  or his spouse, if applicable, and in lieu thereof the
                  Insurer refunds all or any part of the premiums paid for the
                  Policy, the Corporation shall have the unqualified right to
                  such premiums. Any amounts paid by the Insurer in excess of
                  the total amount of premiums paid by the Corporation shall
                  be paid to the Owner.

14.      TERMINATION OF THE SPLIT-DOLLAR INSURANCE AGREEMENT PRIOR TO PAYMENT OF
         DEATH BENEFIT.

         a.       The Split-Dollar Insurance Agreement shall terminate prior to
                  the payment of a death benefit from the Policy, without
                  notice, upon the occurrence of any of the following events:

                  (i)      total cessation of the Corporation's business;
                  (ii)     bankruptcy, receivership or dissolution of the
                           Corporation;
                  (iii)    termination of the Participant's employment by the
                           Corporation (other than by reason of his death or
                           Disability); or
                  (iv)     as mutually agreed in writing by the Corporation and
                           the Participant or by the Corporation and the
                           Participant's spouse, if applicable, either in the
                           Split-Dollar Insurance Agreement or a separate
                           written agreement.

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SPLIT-DOLLAR INSURANCE PLAN                                                   5

<PAGE>

                  Notwithstanding the above, the Split-Dollar Insurance
                  Agreement shall not terminate following the termination of a
                  Participant's employment by the Corporation if such
                  termination of employment occurs within ninety (90) days
                  prior to, or within one (1) year following, a Change of
                  Control of the Corporation unless the Owner consents in
                  writing to the termination of the Split-Dollar Insurance
                  Agreement.

         b.       In addition, the Participant, or his spouse if applicable,
                  may terminate this Agreement by written notice to the
                  Corporation. Such termination shall be effective as of the
                  date of such notice.

         c.       Except following a Change of Control, the Corporation has the
                  sole right to surrender the Policy and enforce its right to
                  be repaid the amount of the premiums on the Policy paid by
                  it from the cash surrender value of the Policy under the
                  collateral assignment of the Policy.  Following a Change of
                  Control, the Corporation may surrender the Policy only with
                  the consent of the Owner. When the surrender proceeds have
                  been received and the amount of premiums paid by the
                  Corporation have been repaid to the Corporation, the
                  Split-Dollar Insurance Agreement shall terminate.

15.      DISPOSITION OF THE POLICY ON TERMINATION OF THE SPLIT-DOLLAR INSURANCE
         AGREEMENT PRIOR TO PAYMENT OF DEATH BENEFIT.

         a.       For sixty (60) days after the date of the termination of the
                  Split-Dollar Life Insurance Agreement prior to the time a
                  death benefit is payable under the Policy, the Owner shall
                  have the option of obtaining the release of the collateral
                  assignment of the Policy to the Corporation. To obtain such
                  release, the Owner shall repay to the Corporation the total
                  amount of the premium payments made by the Corporation
                  hereunder, less any indebtedness secured by the Policy which
                  was incurred by the Corporation and remains outstanding as
                  of the date of such termination including any interest due
                  on such indebtedness. Upon receipt of such amount, the
                  Corporation shall release the collateral assignment of the
                  Policy, by the execution and delivery of an appropriate
                  instrument of release.

         b.       If the Owner fails to exercise such option within such
                  sixty (60) day period, then, at the request of the
                  Corporation, the Owner shall execute any document or
                  documents required by the Insurer to transfer the interest
                  of the Owner in the Policy to the Corporation. Alternatively,
                  the Corporation has the right to surrender the Policy and
                  enforce its right to be repaid the amount of the premiums on
                  the Policy paid by it from the cash surrender value of the
                  Policy under the collateral assignment of the Policy;
                  provided that in the event the cash surrender value of the
                  Policy exceeds the amount due the Corporation, such excess
                  shall be paid to the Owner. Thereafter, neither the Owner
                  nor his respective heirs, assigns or beneficiaries shall
                  have any further interest in and to the Policy, either under
                  the terms thereof or under the Split-Dollar Insurance
                  Agreement.

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SPLIT-DOLLAR INSURANCE PLAN                                                   6

<PAGE>

16.      NAMED FIDUCIARY, DETERMINATION OF BENEFITS, CLAIMS PROCEDURE
         AND ADMINISTRATION.

         a.       The Corporation is hereby designated as the named fiduciary
                  under this Plan.

         b.       (1)      CLAIM. A person who believes that he or she is being
                           denied a benefit to which he or she is entitled
                           under the Split-Dollar Insurance Agreement
                           (hereinafter referred to as a "Claimant") may file
                           a written request for such benefit with the
                           Corporation, setting forth his or her claim. The
                           request must be addressed to the Corporation at its
                           then principal place of business.

                  (2)      CLAIM DECISION. Upon receipt of a claim, the
                           Corporation shall advise the Claimant that a reply
                           will be forthcoming within ninety (90) days and
                           shall, in fact, deliver such reply within such
                           period. The Corporation may, however, extend the
                           reply period for an additional ninety (90) days
                           for reasonable cause.

                           If the claim is denied in whole or in part, the
                           Corporation shall adopt a written opinion, using
                           language calculated to be understood by the
                           Claimant, setting forth: (a) the specific reason or
                           reasons for such denial; (b) the specific reference
                           to pertinent provisions of the Split-Dollar
                           Insurance Agreement or this Plan on which such
                           denial is based; (c) a description of any additional
                           material or information necessary for the Claimant
                           to perfect his or her claim and an explanation why
                           such material or such information is necessary; (d)
                           appropriate information as to the steps to be taken
                           if the Claimant wishes to submit the claim for
                           review; and (e) the time limits for requesting a
                           review under subsection (3) and for review under
                           subsection (4) hereof.

                  (3)      REQUEST FOR REVIEW.  Within sixty (60) days after
                           the receipt by the Claimant of the written opinion
                           described above, the Claimant may request in
                           writing that the Secretary of the Corporation
                           review the determination of the Corporation. Such
                           request must be addressed to the Secretary of the
                           Corporation, at its then principal place of
                           business. The Claimant or his or her duly authorized
                           representative may, but need not, review the
                           pertinent documents and submit issues and comments
                           in writing for consideration by the Corporation.
                           If the Claimant does not request a review of the
                           Corporation's determination by the Secretary of the
                           Corporation within such sixty (60) day period, he
                           or she shall be barred and estopped from
                           challenging the Corporation's determination.

                  (4)      REVIEW OF DECISION. Within sixty (60) days after
                           the Secretary's receipt of a request for review,
                           he or she will review the Corporation's
                           determination. After considering all materials
                           presented by the Claimant, the Secretary will
                           render a written opinion, written in a manner
                           calculated to be understood by the Claimant,
                           setting forth the specific reasons for the

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SPLIT-DOLLAR INSURANCE PLAN                                                   7

<PAGE>

                           decision and containing specific references to the
                           pertinent provisions of the Split-Dollar Insurance
                           Agreement or this Plan on which the decision is
                           based.

17.      AMENDMENT. The Corporation may at any time and for any reason
         terminate or amend the Plan. Any termination or amendment to the
         Plan by the Corporation shall have no affect on the rights of a
         Participant under an existing Split-Dollar Insurance Agreement unless
         the Participant consents in writing to the termination or amendment.
         The Split-Dollar Insurance Agreement may not be amended, altered or
         modified, except by a written instrument signed by the parties, or
         their respective successors or assigns, and may not be otherwise
         terminated except as provided herein.

18.      NO GUARANTEE OF EMPLOYMENT.  Nothing contained herein shall be
         construed as a contract of employment or deemed to give any
         Participant the right to be retained in the employ of the Corporation,
         or to interfere with the rights of any such employer to discharge any
         individual at any time, with or without cause, except as may be
         otherwise agreed in writing and or provided by applicable law.

19.      NOTICES. Any notice, consent or demand required or permitted to be
         given under the provisions of this Plan shall be in writing, and
         shall be signed by the party giving or making the same. If such
         notice, consent or demand is mailed to a party hereto, it shall be
         sent by United States certified mail, postage prepaid, addressed to
         such party's last known address as shown on the records of the
         Corporation. The date of such mailing shall be deemed the date of
         notice, consent or demand.

20.      TITLES AND HEADINGS. The titles and headings of sections of this Plan
         are for convenience of reference and, in case of any conflict, the
         text of the Plan shall control.

21.      GOVERNING LAW. This Plan and any Split-Dollar Insurance Agreement
         entered into hereunder shall be governed by and construed in
         accordance with the laws of the State of Texas.

         Executed this _________ day of ________________, 1999.


                                     HAGGAR CORP.


                                     By:     /s/ David Tehle
                                          -------------------------------------

                                     Its: Senior V.P. & Chief Financial Officer
                                          -------------------------------------




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SPLIT-DOLLAR INSURANCE PLAN                                                   8



<PAGE>

                        SPLIT-DOLLAR INSURANCE AGREEMENT


         THIS AGREEMENT is entered into this ______________ day of
________________, 1999, by and between HAGGAR CORP., a Nevada Corporation with
its principal place of business in Dallas, Texas, (hereinafter referred to as
the "Corporation"), FRANK D. BRACKEN, an individual residing in the State of
Texas (hereinafter referred to as the "Employee"), and BRADLEY D. BRACKEN,
TRUSTEE OF THE FRANK D. BRACKEN 1999 INSURANCE TRUST (hereinafter referred to as
"Owner").
         WHEREAS, the Corporation has established the Haggar Corp.
Split-Dollar Insurance Plan (the "Plan") for the benefit of its
valued employees; and

         WHEREAS, the Corporation and the Employee desire to enter into this
Split-Dollar Insurance Agreement (the "Agreement") in accordance with the terms
of the Plan; and

         WHEREAS, the Owner is the holder of all rights associated with the
policy of life insurance insuring the life of the Employee as set forth on
Exhibit A.

         NOW THEREFORE, in consideration of the premises contained herein, the
parties hereto agree as follows:

         1.       The Owner will, contemporaneously with the execution of this
                  Agreement, purchase the policy of life insurance coverage
                  identified on Exhibit A hereto (the "Policy"). The terms of
                  the Policy, including the beneficiary designation provision
                  thereof, shall conform to the terms of the Plan and this
                  Agreement.

         2.       The Owner shall be the sole owner of the Policy, subject to
                  the terms of the Plan and the collateral assignment filed with
                  the Insurer with respect to the Policy.

         3.       This Agreement shall be governed by and shall conform to the
                  terms and provisions of the Plan.


--------------------------------------------------------------------------------
SPLIT-DOLLAR INSURANCE AGREEMENT                                       Page 1
<PAGE>


         4.       The Corporation shall pay the full amount of the premium to
                  the Insurer within the period permitted for such payments as
                  required by the Plan and the Policy.

         5.       To secure the repayment to the Corporation of the
                  amount of premiums paid by the Corporation, the Owner
                  shall assign the Policy to the Corporation as
                  collateral. In accordance with the Plan and the
                  collateral assignment, the parties hereto agree that no
                  amount paid by the Insurer pursuant to the Policy shall
                  be paid to the Owner until the full amount due the
                  Corporation under the Plan and this Agreement has been
                  paid. The collateral assignment shall conform to and is
                  subject to the terms and conditions of the Plan and
                  this Split-Dollar Insurance Agreement.

         6.       This Agreement shall terminate prior to the payment of
                  a death benefit from the Policy in accordance with
                  Section 14 of the Plan. Disposition of the Policy
                  following the termination of this Agreement prior to
                  the payment of a death benefit from the Policy shall be
                  governed by Section 15 of the Plan. For sixty (60) days
                  after the date of the termination of this Agreement,
                  the Owner shall have the option of obtaining the
                  release of the collateral assignment of the Policy to
                  the Corporation by repaying to the Corporation the
                  total amount of the premium payments made by the
                  Corporation hereunder, less any indebtedness secured by
                  the Policy which was incurred by the Corporation and
                  remains outstanding as of the date of such termination
                  including any interest due on such indebtedness. If the
                  Owner fails to exercise this option within the 60-day
                  period, then, in accordance with the terms of the Plan,
                  the Corporation may (a) request that, and the Owner
                  shall execute any document or documents required by the
                  Insurer to transfer the interest of the Owner in the
                  Policy to the Corporation, or (b) surrender the Policy
                  and enforce its right to be repaid the amount of the
                  premiums on the Policy paid by it from the cash
                  surrender value of the Policy under the collateral
                  assignment of the Policy.

         7.       The Insurer is not a party to this Agreement.  No
                  provision of this Agreement, nor of any modification or
                  amendment hereof, shall in any way be construed as
                  enlarging, changing, varying, or in any other way
                  affecting the obligations of the Insurer as expressly
                  provided in the Policy and by the collateral assignment
                  executed by the Owner and filed with the Insurer in
                  connection herewith.

         8.       Notwithstanding anything to the contrary in this Agreement,
                  the Employee will not have the power to change the beneficiary
                  of the Policy, to borrow against the Policy, to increase or
                  reduce the death benefit of the Policy, or to possess any
                  other incidents of ownership with respect to the Policy by
                  virtue of his becoming a party to this Agreement.


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SPLIT-DOLLAR INSURANCE AGREEMENT                                       Page 2
<PAGE>


         9.       This Agreement may not be amended, altered or modified, except
                  by a written instrument signed by the parties hereto, or their
                  respective successors or assigns, and may not be otherwise
                  terminated except as provided herein.

         10.      This Agreement, and the rights of the parties hereunder, shall
                  be governed by and construed in accordance with the laws of
                  the State of Texas.

         11.      To facilitate the execution of this Split-Dollar
                  Insurance Agreement, it may be executed in numerous
                  counterparts, all of which shall constitute one and the
                  same document. Execution by one party of any
                  counterpart hereof shall be sufficient execution by
                  such party, irrespective of whether the same
                  counterpart has been executed by any other party.  This
                  document shall become effective at such time as each
                  party hereto has executed at least one counterpart
                  hereof.

         IN WITNESS WHEREOF, the parties hereto have executed this Agreement,
in duplicate, as of the day and year first above written.

                                   HAGGAR CORP.


                                   By: /s/ David Tehle
                                      ----------------------------------------

                                   Its: Senior V.P. & Chief Financial Officer
                                       ---------------------------------------

                                   FRANK D. BRACKEN

                                   /s/ Frank D. Bracken
                                   -------------------------------------------


                                   THE FRANK D. BRACKEN 1999
                                   INSURANCE TRUST



                                   By: /s/ Bradley D. Bracken
                                      ----------------------------------------
                                           Bradley D. Bracken, Trustee





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SPLIT-DOLLAR INSURANCE AGREEMENT                                       Page 3
<PAGE>


                                   EXHIBIT A


The following life insurance policy is subject to the attached Split-Dollar
Agreement:

        Insurer:
                             -----------------------------------------------
        Insured:
                             -----------------------------------------------
        Policy Number:
                             -----------------------------------------------
        Face Amount:
                             -----------------------------------------------
        Date of Issue:
                             -----------------------------------------------








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SPLIT-DOLLAR INSURANCE AGREEMENT                                       Page 4
<PAGE>


                                 COLLATERAL ASSIGNMENT
                               OF SPLIT-DOLLAR INSURANCE


         THIS ASSIGNMENT is made by Bradley D. Bracken, Trustee of the Frank D.
Bracken 1999 Insurance Trust (the "Owner") effective this _____ day of
__________________, 1999.

         WHEREAS, Haggar Corp. (the "Assignee") has established the
Haggar Corp. Split-Dollar Insurance Plan (the "Plan") for the
benefit of certain of its valued employees; and

         WHEREAS, in accordance with the terms of the Plan and any split-dollar
life insurance agreement (a "Split-Dollar Insurance Agreement") issued
thereunder, the Assignee is willing to assist the Owner in payment of premiums
due on employee life insurance protection (the "Policy") as an additional
employment benefit; and

         WHEREAS, in consideration of such premium payments by the Assignee, the
Owner hereby intends to grant the Assignee certain limited interests in the
Policy (this document hereinafter to be referred to as the "Assignment"); and

         THEREFORE, for value received, it is agreed:

1.       DEFINITIONS.

         A.    ASSIGNEE: Haggar Cow.

         B.    INSURER: John Hancock Variable Life Insurance Company.

         C.    INSURED: Frank D. Bracken.

         D.    OWNER: Bradley D. Bracken, Trustee of the Frank D. Bracken
               1999 Insurance Trust.

         E.    POLICY: The policy of life insurance issued by the Insurer on
               the life of the Insured(s) as identified on Exhibit A hereto,
               together with any supplementary contracts issued in
               conjunction therewith.

         F.    POLICY INTEREST: The Assignee's Policy Interest shall be the
               total amount of premiums paid by the Assignee on the Policy.
               The Insurer shall be entitled to rely on the Assignee's
               certification of the amount of its Policy Interest.

         G.    SPLIT-DOLLAR INSURANCE AGREEMENT: That agreement
               entered into by and between the Owner and the Assignee
               pursuant to the terms of the Plan which sets forth the terms
               by which (1) the Assignee agrees to pay the premiums due on
               the Policy, and (2) the Owner agrees to collaterally assign
               the Policy to the Assignee in order to secure the repayment of
               such premiums. The terms of this Assignment shall be subject
               to the terms and provisions of the Plan and the Split-Dollar
               Insurance Agreement.


                                                                   Page No. 1
<PAGE>


2.       ASSIGNMENT. The Owner hereby assigns, transfers and sets over to the
         Assignee, its successors and assigns the following specific rights in
         the Policy, subject to the following terms and conditions:

         a.       The right to obtain one or more loans or advances at any time
                  from the Insurer or other person and to pledge or assign the
                  Policy as security for such loans or advances, but only up to
                  the amount of the Assignee's Policy Interest in the Policy
                  less the amount of any loans or advances theretofore obtained
                  by the Assignee upon the security of the Policy.

         b.       The right to obtain, upon termination or surrender of
                  the Policy by the Owner in accordance with the terms of
                  the Plan and the Split-Dollar Insurance Agreement, an
                  amount of the cash surrender proceeds up to the amount
                  of the Assignee's Policy Interest less the amount of
                  any loans or advances theretofore obtained by the
                  Assignee from the Insurer upon the security of the
                  Policy.

         c.       The right to collect the net proceeds of the Policy upon the
                  death of the Insured(s) equal to the Assignee's Policy
                  Interest less the amount of any loans or advances theretofore
                  obtained by the Assignee from the Insurer upon the security of
                  the Policy.

         d.       The right to surrender the Policy in accordance with the terms
                  of the Plan and the Split-Dollar Insurance Agreement.

3.       RETAINED RIGHTS.  Except as expressly provided in Section 2
         of this collateral assignment, the Owner retains all rights
         under the Policy; provided, however, the Owner shall take no
         action with respect to the Policy that would in any way
         compromise or jeopardize the Assignee's right to be repaid
         the amounts it has paid toward premiums on the Policy.
         Except as otherwise provided in the Plan, the Split-Dollar
         Insurance Agreement or this Assignment, the Owner shall not
         sell, assign, transfer, or borrow against, surrender or
         cancel the Policy without the express written consent of the
         Assignee.

4.       INSURER. The Insurer is hereby authorized to recognize, and is Fully
         protected in recognizing, the claims of the Assignee to rights in the
         Policy, as established by this Assignment, the Split-Dollar Insurance
         Agreement and the Plan, without investigating the reasons for such
         action by the Assignee, or the validity or the amount of such claims.
         The sole signature of the Assignee shall be a Full discharge and
         release therefore to the Insurer. While this Assignment is in Full
         force, the Owner directs that all premium notices be sent to the
         Assignee at the address Furnished by the Assignee. Checks for all or
         any part of the sums payable under the Policy and assigned herein,
         shall be drawn to the exclusive order of the Assignee if, when, and in
         such amounts as may be requested by the Assignee.

5.       RELEASE OF ASSIGNMENT.  Upon payment to the Assignee of its
         Policy Interest, the Assignee shall execute a written
         release of this Assignment.


                                                                   Page No. 2
<PAGE>

         IN WITNESS WHEREOF the Owner has executed this Assignment on the date
first above written.


                                       FRANK D. BRACKEN 1999 INSURANCE TRUST:

                                       By: /s/ Bradley D. Bracken
                                           ----------------------------------
                                               Bradley D. Bracken, Trustee












                                                                   Page No. 3
<PAGE>


                                    EXHIBIT A


         The following life insurance policy is subject to the attached
Collateral Assignment of Split-Dollar Life Insurance:


         Insurer:
                         -------------------------------------------------------
         Insured(s):
                         -------------------------------------------------------
         Policy Number:
                         -------------------------------------------------------
         Face Amount:
                         -------------------------------------------------------
         Date of Issue:
                         -------------------------------------------------------





                                                                      Page No. 4
<PAGE>

                        SPLIT-DOLLAR INSURANCE AGREEMENT

         THIS AGREEMENT is entered into this 22 day of October 1999, by and
between HAGGAR CORP., a Nevada Corporation with its principal place of
business in Dallas, Texas, (hereinafter referred to as the "Corporation"),
J.M. HAGGAR III an individual residing in the State of Texas (hereinafter
referred to as the "Employee"), and R. KEVIN CHISHOLM, TRUSTEE OF THE J.M.
HAGGAR III FAMILY INSURANCE TRUST (hereinafter referred to as "Owner").

         WHEREAS, the Corporation has established the Haggar Corp. Split-Dollar
Insurance Plan (the "Plan") for the benefit of its valued employees; and

         WHEREAS, the Corporation and the Employee desire to enter into this
Split-Dollar Insurance Agreement (the "Agreement") in accordance with the terms
of the Plan; and

         WHEREAS, the Owner is the holder of all rights associated with the
policy of life insurance insuring the life of the Employee as set forth on
Exhibit A.

         NOW THEREFORE, in consideration of the premises contained herein, the
parties hereto agree as follows:

         1.       The Owner will, contemporaneously with the execution of this
                  Agreement, purchase the policy of life insurance coverage
                  identified on Exhibit A hereto (the "Policy"). The terms of
                  the Policy, including the beneficiary designation provision
                  thereof, shall conform to the terms of the Plan and this
                  Agreement.

         2.       The Owner shall be the sole owner of the Policy, subject to
                  the terms of the Plan and the collateral assignment filed with
                  the Insurer with respect to the Policy.

         3.       This Agreement shall be governed by and shall conform to the
                  terms and provisions of the Plan.


--------------------------------------------------------------------------------
SPLIT-DOLLAR INSURANCE AGREEMENT                                       Page 1
<PAGE>


         4.       The Corporation shall pay the full amount of the premium to
                  the Insurer within the period permitted for such payments as
                  required by the Plan and the Policy.

         5.       To secure the repayment to the Corporation of the
                  amount of premiums paid by the Corporation, the Owner
                  shall assign the Policy to the Corporation as
                  collateral. In accordance with the Plan and the
                  collateral assignment, the parties hereto agree that no
                  amount paid by the Insurer pursuant to the Policy shall
                  be paid to the Owner until the Full amount due the
                  Corporation under the Plan and this Agreement has been
                  paid. The collateral assignment shall conform to and is
                  subject to the terms and conditions of the Plan and
                  this Split-Dollar Insurance Agreement.

         6.       This Agreement shall terminate prior to the payment of
                  a death benefit from the Policy in accordance with
                  Section 14 of the Plan. Disposition of the Policy
                  following the termination of this Agreement prior to
                  the payment of a death benefit from the Policy shall be
                  governed by Section 15 of the Plan. For sixty (60) days
                  after the date of the termination of this Agreement,
                  the Owner shall have the option of obtaining the
                  release of the collateral assignment of the Policy to
                  the Corporation by repaying to the Corporation the
                  total amount of the premium payments made by the
                  Corporation hereunder, less any indebtedness secured by
                  the Policy which was incurred by the Corporation and
                  remains outstanding as of the date of such termination
                  including any interest due on such indebtedness. If the
                  Owner fails to exercise this option within the 60-day
                  period, then, in accordance with the terms of the Plan,
                  the Corporation may (a) request that, and the Owner
                  shall execute any document or documents required by the
                  Insurer to transfer the interest of the Owner in the
                  Policy to the Corporation, or (b) surrender the Policy
                  and enforce its right to be repaid the amount of the
                  premiums on the Policy paid by it from the cash
                  surrender value of the Policy under the collateral
                  assignment of the Policy.

         7.       The Insurer is not a party to this Agreement.  No
                  provision of this Agreement, nor of any modification or
                  amendment hereof, shall in any way be construed as
                  enlarging, changing, varying, or in any other way
                  affecting the obligations of the Insurer as expressly
                  provided in the Policy and by the collateral assignment
                  executed by the Owner and filed with the Insurer in
                  connection herewith.

         8.       Notwithstanding anything to the contrary in this Agreement,
                  the Employee wilt not have the power to change the beneficiary
                  of the Policy, to borrow against the Policy, to increase or
                  reduce the death benefit of the Policy, or to possess any
                  other incidents of ownership with respect to the Policy by
                  virtue of his becoming a party to this Agreement.


--------------------------------------------------------------------------------
SPLIT-DOLLAR INSURANCE AGREEMENT                                       Page 2
<PAGE>


         9.       This Agreement may not be amended, altered or modified, except
                  by a written instrument signed by the parties hereto, or their
                  respective successors or assigns, and may not be otherwise
                  terminated except as provided herein.

         10.      This Agreement, and the rights of the parties hereunder, shall
                  be governed by and construed in accordance with the laws of
                  the State of Texas.

         11.      To facilitate the execution of this Split-Dollar
                  Insurance Agreement, it may be executed in numerous
                  counterparts, all of which shall constitute one and the
                  same document. Execution by one party of any
                  counterpart hereof shall be sufficient execution by
                  such party, irrespective of whether the same
                  counterpart has been executed by any other party.  This
                  document shall become effective at such time as each
                  party hereto has executed at least one counterpart
                  hereof

         IN WITNESS WHEREOF, the parties hereto have executed this Agreement,
in duplicate, as of the day and year first above written.

                                     HAGGAR CORP.

                                     By: /s/ David Tehle
                                        ----------------------------------------
                                     Its:  Senior V.P. & Chief Financial Officer
                                         ---------------------------------------


                                     J. M. HAGGAR III

                                     /s/ J. M. Haggar III
                                     -------------------------------------------

                                     J. M. HAGGAR III FAMILY
                                     INSURANCE TRUST


                                     By: /s/ R. Kevin Chisholm
                                        ----------------------------------------
                                        R. Kevin Chisholm, Trustee



--------------------------------------------------------------------------------
SPLIT-DOLLAR INSURANCE AGREEMENT                                       Page 3
<PAGE>


                                    EXHIBIT A

The following life insurance policy is subject to the attached Split-Dollar
Agreement:

Insurer:
                     -------------------------------------------------------
Insured:
                     -------------------------------------------------------
Policy Number:
                     -------------------------------------------------------
Face Amount:
                     -------------------------------------------------------
Date of Issue:
                     -------------------------------------------------------








--------------------------------------------------------------------------------
SPLIT-DOLLAR INSURANCE AGREEMENT                                       Page 4
<PAGE>

                              COLLATERAL ASSIGNMENT
                            OF SPLIT-DOLLAR INSURANCE


         THIS ASSIGNMENT is made by R. Kevin Chisholm, Trustee of the J.M.
Haggar III Family Insurance Trust (the "Owner") effective this ______ day of
__________________, 1999.

         WHEREAS, Haggar Corp. (the "Assignee") has established the
Haggar Corp. Split-Dollar Insurance Plan (the "Plan") for the
benefit of certain of its valued employees; and

         WHEREAS, in accordance with the terms of the Plan and any split-dollar
life insurance agreement (a "Split-Dollar Insurance Agreement") issued
thereunder, the Assignee is willing to assist the Owner in payment of premiums
due on employee life insurance protection (the "Policy") as an additional
employment benefit; and

         WHEREAS, in consideration of such premium payments by the Assignee, the
Owner hereby intends to grant the Assignee certain limited interests in the
Policy (this document hereinafter to be referred to as the "Assignment"); and

         THEREFORE, for value received, it is agreed:

1.       DEFINITIONS.

         A.    ASSIGNEE: Haggar Corp.

         B.    INSURER: John Hancock Variable Life Insurance Company.

         C.    INSURED: J.M. Haggar III and Jayne F. Haggar.

         D.    OWNER: R. Kevin Chisholm, Trustee of the J.M. Haggar
               III Family Insurance Trust.

         E.    POLICY: The policy of life insurance issued by the Insurer on
               the life of the Insured(s) as identified on Exhibit A hereto,
               together with any supplementary contracts issued in
               conjunction therewith.

         F.    POLICY INTEREST: The Assignee's Policy Interest shall be the
               total amount of premiums paid by the Assignee on the Policy.
               The Insurer shall be entitled to rely on the Assignee's
               certification of the amount of its Policy Interest.

         G.    SPLIT-DOLLAR INSURANCE AGREEMENT: That agreement
               entered into by and between the Owner and the Assignee
               pursuant to the terms of the Plan which sets forth the terms
               by which (1) the Assignee agrees to pay the premiums due on
               the Policy, and (2) the Owner agrees to collaterally assign
               the Policy to the Assignee in order to secure the repayment of
               such premiums. The terms of this Assignment shall be subject
               to the terms and provisions of the Plan and the Split-Dollar
               Insurance Agreement.


                                                                   Page No. 1
<PAGE>

2.       ASSIGNMENT. The Owner hereby assigns, transfers and sets over to the
         Assignee, its successors and assigns the following specific rights in
         the Policy, subject to the following terms and conditions:

         a.    The right to obtain one or more loans or advances at any time
               from the Insurer or other person and to pledge or assign the
               Policy as security for such loans or advances, but only up to
               the amount of the Assignee's Policy Interest in the Policy
               less the amount of any loans or advances theretofore obtained
               by the Assignee upon the security of the Policy.

         b.    The right to obtain, upon termination or surrender of the Policy
               by the Owner in accordance with the terms of the Plan and the
               Split-Dollar Insurance Agreement, an amount of the cash surrender
               proceeds up to the amount of the Assignee's Policy Interest less
               the amount of any loans or advances theretofore obtained by the
               Assignee from the Insurer upon the security of the Policy.

         c.    The right to collect the net proceeds of the Policy upon the
               death of the Insured(s) equal to the Assignee's Policy
               Interest less the amount of any loans or advances theretofore
               obtained by the Assignee from the Insurer upon the security of
               the Policy.

         d.    The right to surrender the Policy in accordance with the terms
               of the Plan and the Split-Dollar Insurance Agreement.

3.       RETAINED RIGHTS.  Except as expressly provided in Section 2 of this
         collateral assignment, the Owner retains all rights under the Policy;
         provided, however, the Owner shall take no action with respect to
         the Policy that would in any way compromise or jeopardize the
         Assignee's right to be repaid the amounts it has paid toward
         premiums on the Policy. Except as otherwise provided in the Plan,
         the Split-Dollar Insurance Agreement or this Assignment, the Owner
         shall not sell, assign, transfer, or borrow against, surrender or
         cancel the Policy without the express written consent of the Assignee.

4.       INSURER. The Insurer is hereby authorized to recognize, and is fully
         protected in recognizing, the claims of the Assignee to rights in the
         Policy, as established by this Assignment, the Split-Dollar Insurance
         Agreement and the Plan, without investigating the reasons for such
         action by the Assignee, or the validity or the amount of such claims.
         The sole signature of the Assignee shall be a Full discharge and
         release therefore to the Insurer. While this Assignment is in full
         force, the Owner directs that all premium notices be sent to the
         Assignee at the address furnished by the Assignee. Checks for all or
         any part of the sums payable under the Policy and assigned herein,
         shall be drawn to the exclusive order of the Assignee if, when, and in
         such amounts as may be requested by the Assignee.

5.       RELEASE OF ASSIGNMENT.  Upon payment to the Assignee of its Policy
         Interest, the Assignee shall execute a written release of this
         Assignment.


                                                                   Page No. 2
<PAGE>

         IN WITNESS WHEREOF the Owner has executed this Assignment on the date
first above written.
                                       J. M. HAGGAR III FAMILY INSURANCE TRUST:


                                       By: /s/ R. Kevin Chisholm
                                          -------------------------------------
                                               R. Kevin Chisholm, Trustee








                                                                   Page No. 3
<PAGE>


                                    EXHIBIT A


         The following life insurance policy is subject to the attached
Collateral Assignment of Split-Dollar Life Insurance:



         Insurer:
                           ---------------------------------------------------
         Insured(s):
                           ---------------------------------------------------
         Policy Number:
                           ---------------------------------------------------
         Face Amount:
                           ---------------------------------------------------
         Date of Issue:
                           ---------------------------------------------------







                                                                   Page No. 4