Document:

Summary of Compensation for Transactions Committee

 Exhibit 10(k) 
  
 Alberto-Culver Company 
 Summary of Compensation for Transaction Committee 
 of the Board of Directors

  
 On January 9, 2006, the Board of Directors of Alberto-Culver
Company approved the payment of compensation to the members of the Transaction Committee of the Alberto-Culver Board of Directors. The Transaction Committee was formed on September 1, 2005 for the purpose of providing oversight on behalf of the
full board of directors of Alberto-Culver in connection with its consideration of the possible transaction with Regis Corporation and Alberto-Culver’s strategic direction and alternatives more generally. The Transaction Committee is comprised
of James G. Brocksmith, Jr., Chairman, King Harris, John A. Miller and Sam J. Susser. Each member of the Transaction Committee receives $1,500 for attending a meeting in person and $750 for attending a meeting by telephone. In addition, the chairman
of the Transaction Committee receives an annual retainer of $7,500.Summary of Agreement to Pay Expenses of Certain Stockholders

 Exhibit 10(l) 
  
 Alberto-Culver Company 
 Summary of Agreement to Pay Expenses of 
 Certain Shareholders 
  
 On January 10, 2006, Alberto-Culver entered into an Agreement and Plan of Merger (the
“Merger Agreement”) with Sally Holdings, Inc., a subsidiary of Alberto-Culver, Regis Corporation (“Regis”), Roger Merger Inc., a subsidiary of Regis, and Roger Merger Subco LLC, a subsidiary of Regis. In connection with the
signing of the Merger Agreement, certain shareholders of Alberto-Culver, consisting of trusts for the benefit of Leonard H. Lavin, a director of Alberto-Culver, and Bernice E. Lavin and their descendants, including Carol L. Bernick, the Chairman of
the Board of Directors of Alberto-Culver (collectively, the “Lavin Family”), and a partnership whose partners are trusts for the benefit of members of the Lavin Family (collectively, the “Shareholders”), entered into a Support
Agreement with Regis. The Merger Agreement also provides that Regis will enter into a Shareholders Agreement with the Shareholders. 
  
 On January 9, 2006, Alberto-Culver agreed to pay the legal expenses of the Shareholders relating to the negotiation of the Support Agreement and the Shareholders
Agreement and matters incident to the transactions contemplated by the Merger Agreement, including, if applicable, regulatory filing fees.Form of Promissory Note to Briad Development West LLC

 EXHIBIT 4.1 
  

THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 AND HAS BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN CONNECTION WITH, THE SALE OR
DISTRIBUTION THEREOF. NO SUCH SALE OR DISTRIBUTION MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO OR AN OPINION OF COUNSEL IN A FORM SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES
ACT OF 1933. 
  
 PROMISSORY NOTE 
  

			
	 $800,000
	 	As of February 2, 2002
	 	 	Livingston, New Jersey

  
 For value received,
Orange REIT, Inc., a Maryland corporation (the “Company”), promises to pay to the order of Briad Development West LLC (the “Holder”), the aggregate principal amount of the advances as set forth on Schedule A annexed
hereto and made a part hereof, up to the maximum principal sum of Eight Hundred Thousand Dollars ($800,000.00), together with interest thereon. 
  
 The date and amount of each such advance shall be endorsed by the Holder on the grid annexed hereto as Schedule A, and when so endorsed shall
represent evidence thereof binding upon the Company. Any failure by the Holder to so endorse shall in no way mitigate or discharge the obligations of the Company to repay any advances actually made. 
  
 Interest shall accrue on each advance from the date of such advance on the
unpaid principal amount of such advance at a rate equal to four percent (4%) per annum, compounded annually. 
  
 This Note is subject to the following additional terms and conditions. 
  
 1. Maturity. 
  
 (a) Subject to Section 1(b), principal and any accrued but unpaid interest under this Note shall be due and payable upon the earlier of (i) the first
closing of the Company’s public offering (the “First Closing”) reflected in the Company’s Registration Statement
No.                    (the “Offering”) or (ii) the Company’s termination of the Offering without a closing, provided,
however, that if the payment in full of the amounts due under this Note upon the First Closing would result in the Company paying offering expenses exceeding 15% of the gross proceeds of the entire Offering, the Company shall be entitled to
defer 

 the payment of such portion of the amounts due under this Note until the next subsequent closing(s) of the Offering as is
necessary to prevent the offering expenses paid out of the proceeds exceeding 15% of the gross proceeds of the entire Offering. If, following the final closing on the Offering, the payment of any remaining balance of this Note would result in the
Company paying offering expenses exceeding 15% of the gross proceeds of the entire Offering, the Company shall not be required to pay any amount that would result in the payment by the Company of offering expenses exceeding 15% of the gross proceeds
of the entire Offering. 
  
 (b) Subject to the reduction set
forth in paragraph (a), the entire unpaid principal sum of this Note, together with accrued and unpaid interest thereon, shall become immediately due and payable upon the insolvency of the Company, the commission of any act of bankruptcy by the
Company, the execution by the Company of a general assignment for the benefit of creditors, the filing by or against the Company of a petition in bankruptcy or any petition for relief under the federal bankruptcy act or the continuation of such
petition without dismissal for a period of ninety (90) days or more, or the appointment of a receiver or trustee to take possession of the property or assets of the Company. 
  
 2. Payment. All payments shall be made in lawful money of the United States of America at such place as the
Holder hereof may from time to time designate in writing to the Company. Payment shall be credited first to the accrued interest then due and payable and the remainder applied to principal. Prepayment of this Note may be made at any time.

  
 3. Transfer; Successors and Assigns. The terms
and conditions of this Note shall inure to the benefit of and be binding upon the respective successors and assigns of the parties. This Note may be transferred only upon surrender of the original Note for registration of transfer, duly endorsed, or
accompanied by a duly executed written instrument of transfer in form satisfactory to the Holder. Thereupon, a new note for the same principal amount and interest will be issued to, and registered in the name of, the transferee. Interest and
principal are payable only to the registered holder of this Note. 
  
 4. Waiver of Defenses. Every maker, endorser and guarantor of this Note, or the obligation represented by this Note, waives presentment, demand, notice, protest and all other demands or notices (except as otherwise expressly
provided in the Security Agreement), in connection with the delivery, acceptance, endorsement, performance, default, or enforcement of this Note, assents to any and all extensions or postponements of the time of payment or any other indulgence, to
any substitution, exchange or release of collateral, and/or to the addition or release of any other party or person primarily or secondary liable and generally waives all suretyship defenses and defenses in the nature thereof. 
  
 5. Governing Law. This Note and all acts and transactions
pursuant hereto and the rights and obligations of the parties hereto shall be governed, construed and 
  

 2 

 interpreted in accordance with the laws of the State of New Jersey, without giving effect to principles of conflicts of
law. 
  
 6. Notices. Any notice required or
permitted by this Note shall be in writing and shall be deemed sufficient upon delivery, when delivered personally or by a nationally-recognized delivery service (such as Federal Express or UPS), or forty-eight (48) hours after being deposited in
the U.S. mail, as certified or registered mail, with postage prepaid, addressed to the party to be notified at such party’s address as set forth below or as subsequently modified by written notice. 
  
 7. Amendments and Waivers. Any term of this Note may be
amended only with the written consent of the Company and the Holder. Any amendment or waiver effected in accordance with this Section 7 shall be binding upon the Company, the Holder and each transferee of the Note. 
  
 8. Action to Collect on Note. If action is instituted to
collect on this Note, the Company promises to pay all costs and expenses, including reasonable attorney’s fees, incurred in connection with such action. 
  

Executed and delivered by the Company as a sealed instrument as of the date set forth above. 
  
  

					
	ORANGE REIT, INC. 
		
	By:	 	/s/     David Cahill
	 	 	Name:	 	David Cahill
	 	 	Title:	 	CFO/Treasurer
			
	 	 	 	 	 
	 	 	Address:	 	78 Okner Parkway
	 	 	 	 	Livingston, NJ 07039

 AGREED TO AND ACCEPTED: 
  

					
	BRIAD DEVELOPMENT WEST LLC
		
	By:	 	/s/    Mark Wascavaga
	 	 	Name:	 	Mark Wascavaga
	 	 	Title:	 	Controller
			
	 	 	 	 	 
	 	 	Address:	 	78 Okner Parkway
	 	 	 	 	Livingston, NJ 07039

  

 3 

 SCHEDULE A 
  
 To the Promissory Note dated as of January     , 2006 
 made by Orange REIT, Inc. in favor of 
 Briad Development West, LLC 
  

					
	 	 	 
	Date	 	Notation Made By	 	Amount of Advance
	 		 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 

  

 4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}]]