Document:

<PAGE>
                                                                 EXHIBIT (10)(t)

CALLOWAY'S NURSERY, INC.
PROFIT IMPROVEMENT BONUS PLAN
FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2002

     I.  PURPOSE

         The purpose of this Profit Improvement Bonus Plan is to provide an
         incentive to the management of Calloway's Nursery, Inc (the "Company")
         to maximize the performance of the Company. Bonuses will be paid for
         Improvements in Pre Tax Net Profit, as defined below.

     II. DEFINITIONS

         Bonus Period - The Inventory Period for which the Bonus Pool is
         determined.

         Bonus Pool - The amount of bonus earned by the Company's management for
         achieving Profit Improvement.

         Entire Fiscal Year - the entire period of Fiscal 2002, from October 1,
         2001 through September 30, 2002.

         First Inventory Period - includes the financial period of October 1,
         2001 through December 31, 2001 (also the first quarter of the Fiscal
         Year).

         Fiscal 2001 - the fiscal period starting on October 1, 2000 and ending
         on September 30, 2001.

         Fiscal 2002 - the fiscal period starting on October 1, 2001 and ending
         on September 30, 2002.

         Improvement - the amount that Pre Tax Net Profit increases, or Pre Tax
         Net Loss decreases, for a period compared to the corresponding period
         in the prior Fiscal Year.

         Period Completion - occurs upon issuance of the Press Release
         announcing the Financial Results of Calloway's Nursery, Inc. as of and
         for the First Inventory Period, Second Inventory Period, and/or Entire
         Fiscal Year, as applicable.

         Participant - an individual who is eligible to receive a share of the
         Bonus Pool. The participants in the Plan are those who hold the
         following positions in the Company:

         o      President
         o      Vice President, Operations
         o      Vice President, Corporate Development
         o      Vice President, Chief Financial Officer

         Pre Tax Net Profit - is the sum of Income from Continuing Operations
         before Income Taxes plus Bonus Expense (i.e., Bonus Expense is not
         recorded as an expense for the purpose of computing Bonuses). A Pre Tax
         Net Loss occurs when the amount is a negative amount (less than zero).

         Second Inventory Period - includes the financial period of January 1,
         2002 through June 30, 2002 (the Second and Third Quarters of the
         Company's Fiscal Year).

         Third Inventory Period - includes the financial period of July 1, 2002
         through September 30, 2002 (the Fourth Quarter of the Company's Fiscal
         Year).

<PAGE>

     III. BONUS POOL AND BONUS PAYMENT

           A. A pool will be created (the "Bonus Pool") to be shared by all
              Participants.
           B. The Bonus Pool will be equal to 12% of the Improvement in Pre-Tax
              Net Profit for each Inventory Period in Fiscal 2002 over the
              Pre-Tax Net Profit for the comparable Inventory Period in Fiscal
              2001.
           C. The Bonus Pool will be paid in the following manner:
              o Upon Period Completion of the First Inventory Period;

              o Upon Period Completion of the Second Inventory Period; and

              o Upon Period Completion of the Third Inventory Period.

           D. Bonuses for a Bonus Period will be awarded to each participant on
              the basis of a fraction multiplied by the amount of the Bonus
              Pool. The numerator of the fraction is the salary of the
              participant in effect on the last day of that Bonus Period and the
              denominator of the fraction is the total of the annual salaries of
              all participants in effect on the last day of that Bonus Period.

           E. Example - First Inventory Period

<Table>
<Caption>
                                                  Fiscal Year    Fiscal Year    Improvement
                                                     2002           2001
                                                  -----------    -----------    -----------
<S>                                               <C>            <C>            <C>
        Sales
        Gross Profit
        Total Expenses (except Bonus Expenses)
        Pre Tax Net Profit (Loss)
        Bonus Pool (12%)
</Table>

           F. Example - Second Inventory Period

<Table>
<Caption>
                                                  Fiscal Year    Fiscal Year    Improvement
                                                     2002           2001
                                                  -----------    -----------    -----------
<S>                                               <C>            <C>            <C>
        Sales
        Gross Profit
        Total Expenses (except Bonus Expenses)
        Pre Tax Net Profit (Loss)
        Bonus Pool (12%)
</Table>

           G. Example - Third Inventory Period

<Table>
<Caption>
                                                  Fiscal Year    Fiscal Year    Improvement
                                                     2002           2001
                                                  -----------    -----------    -----------
<S>                                               <C>            <C>            <C>
        Sales
        Gross Profit
        Total Expenses (except Bonus Expenses)
        Pre Tax Net Profit (Loss)
        Bonus Pool (12%)
</Table>

<PAGE>

     IV. ADDITIONAL BONUS POOL

           A. An Additional Bonus Pool may be computed upon completion of the
              independent audit of the Company's fiscal year end financial
              statements. The Additional Bonus Pool shall be as follows:

           B. To the extent that Pre-Tax Net Profit exceeds TWO TIMES (2X) the
              Pre-Tax Net Profit for the Prior Fiscal Year, the Additional Bonus
              Pool shall be and additional 10% of such excess for a total of
              20%.

           C. To the extent that Pre-Tax Net Profit exceeds TWO AND ONE-HALF
              TIMES (2.5X) the Pre-Tax Net Profit for the Prior Fiscal Year, the
              Additional Bonus Pool shall be an additional 10% of such excess
              for a total of 30%.

           D. Example:

<Table>
<Caption>
                                                  Fiscal Year    Fiscal Year    Improvement
                                                     2002           2001
                                                  -----------    -----------    -----------
<S>                                               <C>            <C>            <C>
          Pre Tax Net Profit
          Bonus Pool per Section III. Above
          2x Prior Year Pre Tax Net Profit
          2.5x Prior Year Pre Tax Net Profit
          Improvement between 2x and 2.5x
          10% Pool on excess over 2x up to 2.5x
          Improvement over 2.5x
          10% Pool on excess over 2.5x
          Total Additional Bonus Pool
          Total Bonus Pools
</Table>

     V.  GENERAL PROVISIONS

           A. No bonus will be paid in the event of termination of employment on
              or prior to the end of such bonus Period, whether termination is
              voluntary or involuntary, with cause or without cause.

           B. In the event a participant serves less than a complete Bonus
              Period:

           C. A participant in the Plan who does not start the Bonus Period, and
              therefore serves less than the full Bonus Period, will receive a
              bonus for the portion of the Bonus Period the participant does
              serve. For example, a participant who starts on September 1st will
              receive 30/92 of the bonus attributable to his fraction of the
              Bonus Payment. The remaining 62/92 will be allocated to the other
              participants on a pro rata basis in accordance with their
              respective shares in the Bonus Payment.

           D. In the event of any need for clarification as to any issues
              related to the calculation and/or payment of any amounts relative
              to this Bonus Plan, the judgment of Compensation Committee of the
              Board of Directors shall prevail.<PAGE>
                                                                 EXHIBIT (10)(u)

CALLOWAY'S NURSERY, INC.
MONTHLY SALES GAIN BONUS PLAN
FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2002

     I.  PURPOSE
         The purpose of this Monthly Sales Gain Bonus Plan is to provide an
         incentive to the Merchandising Department to maximize the Sales in the
         Stores.

     II. DEFINITIONS
         Participant - Each Merchandise Manager, Assistant Merchandise Manager
         and the Vice President of Merchandising.

         Sales Gain Bonus - The amount of bonus earned by each Participant.

         Monthly Financial Report - The set of Reports provided to Management
         throughout Calloway's Nursery after the end of each month.

         Sales or Total Retail Sales - The total amount of Sales for all of the
         Calloway's Nursery retail stores reported on the Statement of
         Operations included with the monthly Financial Report, which is net of
         all discounts, voids and refunds.

    III. SALES GAIN BONUS

    A.   The Participant will be eligible to receive a Sales Gain Bonus each
         calendar month of Fiscal 2002.

    B.   The Bonus will be calculated based on the increase of Total Retail
         Sales of all Calloway's Retail Stores over the same month in Fiscal
         2001 as follows:

<Table>
<Caption>
                                               For the Second or more
    For the First month with a minimum of     consecutive month with a
               10% increase                    minimum of 10% increase
    -------------------------------------     ------------------------
<S>                                           <C>
    10% to 14.99%                $200.00      10% to 14.99%  $  400.00
    15% to 19.99%                $300.00      15% to 19.99%  $  600.00
    20% to 24.99%                $400.00      20% to 24.99%  $  800.00
    25% or more                  $500.00      25% or more    $1,000.00
</Table>

           C. Example

<Table>
<Caption>
                         February      February         $            %
                           2002          2001        increase     increase
                         --------      --------      --------     --------
<S>                      <C>           <C>           <C>          <C>
    Total Retail Sales
    Sales Gain Bonus
</Table>

<Table>
<Caption>
                          March         March           $            %
                           2002          2001        increase     increase
                         --------      --------      --------     --------
<S>                      <C>           <C>           <C>          <C>
    Total Retail Sales
    Sales Gain Bonus
</Table>

<PAGE>

    IV. ALLOCATION OF BONUS

           A. In the event a Participant is replaced during a month, the Bonus
              for that Participant and his/her replacement will be allocated to
              each of them on the basis of a fraction multiplied by the amount
              of the Bonus. The numerator of the fraction is the number of days
              that an individual served as a Participant during the month, and
              the denominator of the fraction is the total number of days that
              both of the Participant and his/her replacement worked as a
              Participant during the month.

           B. Example

<Table>
<S>                                                                                     <C>
                 Bonus
                 Participant "A" worked from March 1 through March 15                   15 days
                 Participant "B" worked from March 16 through March 31                  16 days
                 Total number of days worked by both Participants during the month      31 days

                 Participant "A" allocation of Bonus                                    48.387%
                 Participant "B" allocation of Bonus                                    51.613%
                 Participant "A" Bonus
                 Participant "B" Bonus
</Table>

    V. GENERAL PROVISIONS

           A. All bonuses are payable after the issuance of monthly Financial
              Reports for the particular month.

           B. There will be no "rounding up" of percentage increases beyond a
              "whole number" percentage (two decimal places). For example, an
              increase of 24.65789% will be recorded as 24% (not 25%).

           C. No bonus will be paid in the event of termination of employment,
              whether termination is voluntary or involuntary, with cause or
              without cause.

           D. The Sales Gain Bonus amounts are "gross" amounts, and are subject
              to normal payroll deductions as required by law.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00032-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00032-of-00352.parquet"}]]