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                                ENDORSEMENT AGREEMENT


    THIS ENDORSEMENT AGREEMENT is made and entered into effective this day of
___________________, 19__,  by and between SPORT-HALEY, INC.,  a Colorado
corporation (the "Company"), and _________________ (hereinafter referred to as
the "Professional").

    WHEREAS, the Professional is an active, exempt and full-time touring
professional on the Professional Golfer's Association Tour (the "PGA Tour");
and/or (the "Senior PGA Tour") and

    WHEREAS, the company is in the business of designing and marketing quality
men's and women's golf and active sportswear under the Haley label and desires
to obtain the services of the Professional in endorsing, promoting and
publicizing the Company and Haley apparel;

    NOW, THEREFORE, in consideration of the agreements of the parties set forth
below, and in consideration of the Company's agreement to make the payments
below described to the Professional the parties hereto agree as follows:

    1.   SERVICES OF THE PROFESSIONAL.  The Professional agrees to perform the
         following services during the term of this Agreement:

              a.  The Professional agrees that, with respect to men's apparel,
         he will exclusively endorse and use exclusively in play, practice, 
         exhibits, clinics and other events open to the media or public, Haley 
         brand apparel which shall consist of shirts, vests, jackets, sweaters,
         pants and shorts (if permitted by applicable rules).

              b.  The Professional grants to the Company the exclusive worldwide
         right and license to use his name, autograph, likeness, photographs,
         electronic media depiction, signature and any other words, symbols or
         depiction's which would identify the Professional to the public in 
         connection with the advertising, promotion, publicizing, sale and 
         distribution of Haley apparel by the Company.

              c.  Upon reasonable written request of the Company which shall be
         tendered at least 30 days prior the date requested, the Professional 
         shall make himself available for the purpose of posing for print ads,
         making commercials and other promotional materials, or attending 
         promotional events organized by the Company once per calendar year.  In
         the event of such requests by the Company, the company shall be 
         responsible for the payment of all reasonable travel, lodging and 
         meal expenses incurred in connection with the Professional rendering
         services described in this subsection. Should the services of the
         Professional be required for longer than one day, the Professional 
         shall be entitled to his daily appearance fee, plus reasonable 
         expenses, for each day in excess of one day.

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              d.  The Professional shall have the opportunity to select from 
         the Company's semi-annual golf sportswear collections for the purposes
         of obtaining a wardrobe of Haley apparel suitable to the Professional 
         at the Company's expense. The Company shall have the right to place on
         the left chest and right sleeve of any jackets, shirts, vests, or 
         sweaters and above the back pocket of any pants selected by the 
         Professional the Company's logo and name in use by the Company at that
         time.

   2.    RIGHTS OF USAGE.  As described in Section 1(b) above, the Professional
         has granted the company an exclusive worldwide right and license
         to use his name, autograph, likeness, photographs, electronic media
         depiction, signature and any other words, symbols or depiction's
         (hereinafter the "Professional's Image") which will identify the
         Professional to the public in connection with the advertising, 
         promotion, publicizing, sale and distribution of Haley apparel.  The
         Company shall have unlimited rights of utilization of the 
         Professional's Image in all advertising, promotion, publicity and 
         other forms of communication with any part during the term of this 
         Agreement, it being the intent of the Professional that the Company's
         utilization of the Professional's Image shall be at the discretion of
         the Company.  The right of usage described herein shall be subject to
         the requirement that the Company shall not place the Professional's 
         Image in an unfavorable light.  The Professional or the Professional's
         designated agent shall have the right to review any advertising,  
         promotion or publicity materials utilized by the company which  
         contain the Professional's Image on reasonable written or oral 
         request to the Company during the term of this Agreement.

    3.   COMPENSATION OF THE PROFESSIONAL.  In consideration of the rights
         granted to the Company and the services to be provided by the 
         Professional, the Professional shall receive the following 
         compensation:

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    4.   PAYMENTS. All payments to be made to the Professional pursuant to the
         terms of this Agreement shall be made to the Professional and 
         delivered to ________________________________________________________ 
         _____________________________________________________________________ 
         _____________________________________________________________________ 

         or at such other address as shall be designated in writing by
         Professional.

    5.   RETENTION OF ENDORSEMENT RIGHTS. Except with respect to endorsement
         rights granted to the Company for the apparel described herein, the
         Professional shall retain all rights in and to the professional's name
         and endorsement and the Professional shall not be prevented from 
         using, permitting or licensing others to  use the Professional name or
         endorsement in connection with the advertising, promotion or sale of 
         any product other than golf apparel as described in Section 1 hereof. 
         The Professional represents and warrants that no agreement, contract 
         or understanding exists which would prevent or limit the performance 
         of any of his obligations under this Agreement.

    6.   TERM. The term of this Agreement shall extend from the date of
         execution hereof through and until _______, unless extended by written
         agreement of the parties. The parties shall use their best efforts to
         reach agreement on the terms of any such extension. In the event the 
         Professional should for any reason become a non-exempt PGA Tour player,
         the Company shall have the right to terminate this Agreement at its
         discretion at any time during the initial term or any extension 
         thereof.  Additionally, if either part shall fail to observe or 
         perform any of the agreements or obligations undertaken by such party
         hereunder, and such failure or default shall continue for a period of
         30 days following notice from the non-defaulting party to the 
         defaulting party during which such failure or default shall not have 
         been cured by the defaulting party, then the non-defaulting party 
         shall have the right to terminate this Agreement following the 
         expiration of such 30-day notice period. The non-defaulting part
         hereunder. Following the expiration of 90 days from the termination or
         expiration of this Agreement, the Company shall cease usage of all 
         publicity, promotion and advertising materials which contain the
         Professional's Image, it being the understanding of the parties that
         during such 90-day period the Company shall have the right to use 
         such remaining publicity, promotion or advertising materials as shall
         then be available to the Company.

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    7.   NOTICE. All notices and communications required or permitted to be
         given hereunder shall be in writing, signed by the sender, and 
         delivered by registered or certified mail to:

    If to the Company:       Robert G. Tomlinson, Chairman and CEO
                             Sport-Haley, Inc.
                             4600 East 48th Avenue
                             Denver, CO 80216

    With a copy to:          Robert W. Walter, Esq.
                             Berliner Zisser Walter & Gallegos, P. C.
                             Suite 4700
                             1700 Lincoln Street
                             Denver, CO 80203

    If to the Professional:

    With a copy to:

    or such other address as shall have been furnished in writing by the
    parties to each other.

    8.   ENTIRE AND SOLE AGREEMENT. This Agreement constitutes the entire
         agreement between the parties and supersedes all statements, promises
         and understandings, whether oral or written, with respect to subject
         matter hereof.

    9.   SUCCESSORS AND ASSIGNS. This Agreement may not be assigned by the 
         Professional under any circumstances. The Company shall not be 
         entitled to assign this Agreement to any other party without the 
         Professional's express prior written consent, except any assignment 
         by the Company as a result of a stock exchange, merger, consolidation,
         or sale of substantially all of the assets of the Company, in which 
         case not such consent shall be required.

    10.  SEVERABILITY. Should any one or more of the provisions of this 
         Agreement be determined to be illegal or unenforceable, all other
         provisions of this Agreement shall be given effect separately from the
         provision or provisions determined to be illegal or unenforceable.

    11.  GOVERNING LAW. This Agreement shall be construed and enforced in  
         accordance with, and governed by the laws of the State of Colorado 
         without regard to conflicts of laws principles.

    12.  COUNTERPARTS. This Agreement may be executed simultaneously in two or
         more counterparts, each of which shall be an original, but all of which
         together shall constitute one and the same Agreement. Facsimile 
         signatures shall be accepted by the parties hereto as original 
         signatures for all purposes.

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    13.  HEADINGS. The headings in this Agreement are for purposes of 
         convenience and easy reference only and shall not limit or otherwise
         affect the meaning hereof.

    14.  DISPUTES. In the event of any dispute which arises between the parties
         and which relates to the subject matter of this Agreement, the parties
         acknowledge and agree that any such dispute shall be submitted for 
         binding arbitration in accordance with the arbitration procedures 
         established by the American arbitration Association in Denver, 
         Colorado.  If such association is not then in existence, an 
         independent association of arbitrators may be utilized  which is 
         designated by agreement of the parties. In the event the parties are 
         unable to agree on an independent association of arbitrators, either 
         party may apply to a court of competent jurisdiction for appointment
         of arbitrators.

IN WITNESS WHEREOF, the Company and the Professional have executed this 
Endorsement Agreement as of the day and year first above written.

                                       PROFESSIONAL:

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                                       COMPANY:

                                       SPORT-HALEY, INC.


                                       By:
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