Document:

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                                                                   EXHIBIT 10.33

                                     [LOGO]

                                 March 1, 2004

Peter Edison

Dear Peter:

     The full year 2003 results ended with a pre-tax profit of $5,769,150. This
allows the company to pay the 50% bonus level which was the $5,500,000 pre-tax
level. Enclosed is a check representing your bonus for 2003. We are thrilled to
be able to share the success of the company's recent performance with you in
this way.

     The bonus plan for 2004 has been adjusted to reflect the goals for the
company now that we have raised additional capital and become a public entity.
Your bonus will be based on the profit after-tax using a standard corporate tax
rate.

<Table>
<S><C>
10%     of your cumulative salary if the company achieves an after-tax profit of   $1,066,000
20%     of your cumulative salary if the company achieves an after-tax profit of   $1,566,000
30%     of your cumulative salary if the company achieves an after-tax profit of   $2,066,000
40%     of your cumulative salary if the company achieves an after-tax profit of   $2,566,000
50%     of your cumulative salary if the company achieves an after-tax profit of   $3,066,000
71.4%   of your cumulative salary if the company achieves an after-tax profit of   $3,766,000
92.7%   of your cumulative salary if the company achieves an after-tax profit of   $4,666,000
114.3%  of your cumulative salary if the company achieves an after-tax profit of   $5,666,000
</Table>

     The bonus period will be the fiscal months of January 2004 through December
2004. You must be an active employee of Bakers Footwear Group at the time
bonuses are paid to be eligible to receive your bonus.

     We are excited about the challenges and prospects in the coming year. We
hope it's profitable for all of us and our shareholders.

                                   Sincerely,

                                /s/ Peter Edison
                                    Peter Edison

          2815 SCOTT AVENUE-SAINT LOUIS, MISSOURI 63103-(314) 621-0699
                              -FAX (314) 621-0708<PAGE>

                                                                   EXHIBIT 10.34

                                     [LOGO]

                                 March 1, 2004

Michele Bergerac

Dear Michele:

     The full year 2003 results ended with a pre-tax profit of $5,769,150. This
allows the company to pay the 50% bonus level which was the $5,500,000 pre-tax
level. Enclosed is a check representing your bonus for 2003. We are thrilled to
be able to share the success of the company's recent performance with you in
this way.

     The bonus plan for 2004 has been adjusted to reflect the goals for the
company now that we have raised additional capital and become a public entity.
Your bonus will be based on the profit after-tax using a standard corporate tax
rate.

<Table>
<S><C>
10%     of your cumulative salary if the company achieves an after-tax profit of   $1,066,000
20%     of your cumulative salary if the company achieves an after-tax profit of   $1,566,000
30%     of your cumulative salary if the company achieves an after-tax profit of   $2,066,000
40%     of your cumulative salary if the company achieves an after-tax profit of   $2,566,000
50%     of your cumulative salary if the company achieves an after-tax profit of   $3,066,000
71.4%   of your cumulative salary if the company achieves an after-tax profit of   $3,766,000
92.7%   of your cumulative salary if the company achieves an after-tax profit of   $4,666,000
114.3%  of your cumulative salary if the company achieves an after-tax profit of   $5,666,000
</Table>

     The bonus period will be the fiscal months of January 2004 through December
2004. You must be an active employee of Bakers Footwear Group at the time
bonuses are paid to be eligible to receive your bonus.

     We are excited about the challenges and prospects in the coming year. We
hope it's profitable for all of us and our shareholders.

                                   Sincerely,

                                   /s/Peter Edison
                                   ----------------
                                   Peter Edison

ss

2815 SCOTT AVENUE - SAINT LOUIS, MISSOURI 63103 - (314)621-0699 -
FAX(314)621-0708<PAGE>
                                                                   EXHIBIT 10.35

                                     [LOGO]

                                 March 1, 2004

Mark Ianni

Dear Mark:

     The full year 2003 results ended with a pre-tax profit of $5,769,150. This
allows the company to pay the 50% bonus level which was the $5,500,000 pre-tax
level. Enclosed is a check representing your bonus for 2003. We are thrilled to
be able to share the success of the company's recent performance with you in
this way.

     The bonus plan for 2004 has been adjusted to reflect the goals for the
company now that we have raised additional capital and become a public entity.
Your bonus will be based on the profit after-tax using a standard corporate tax
rate.

<Table>
<S><C>
10%   of your cumulative salary if the company achieves an after-tax profit of   $1,066,000
20%   of your cumulative salary if the company achieves an after-tax profit of   $1,566,000
30%   of your cumulative salary if the company achieves an after-tax profit of   $2,066,000
40%   of your cumulative salary if the company achieves an after-tax profit of   $2,566,000
50%   of your cumulative salary if the company achieves an after-tax profit of   $3,066,000
66.7% of your cumulative salary if the company achieves an after-tax profit of   $3,766,000
83.3% of your cumulative salary if the company achieves an after-tax profit of   $4,666,000
100%  of your cumulative salary if the company achieves an after-tax profit of   $5,666,000
</Table>

     The bonus period will be the fiscal months of January 2004 through December
2004. You must be an active employee of Bakers Footwear Group at the time
bonuses are paid to be eligible to receive your bonus.

     We are excited about the challenges and prospects in the coming year. We
hope it's profitable for all of us and our shareholders.

                                                     Sincerely,

                                                     /s/ Peter Edison

                                                     Peter Edison
ss

       2815 SCOTT AVENUE - SAINT LOUIS, MISSOURI 63103 - (314) 621-0699 -
                               FAX (314) 621-0708<PAGE>
                                                                   EXHIBIT 10.36

                                     [LOGO]

                                 March 1, 2004

Stan Tusman

Dear Stan:

     The full year 2003 results ended with a pre-tax profit of $5,769,150. This
allows the company to pay the 50% bonus level which was the $5,500,000 pre-tax
level. Enclosed is a check representing your bonus for 2003. We are thrilled to
be able to share the success of the company's recent performance with you in
this way.

     The bonus plan for 2004 has been adjusted to reflect the goals for the
company now that we have raised additional capital and become a public entity.
Your bonus will be based on the profit after-tax using a standard corporate tax
rate.

<Table>
<S><C>
  10% of your cumulative salary if the company achieves an after-tax profit of   $1,066,000
  20% of your cumulative salary if the company achieves an after-tax profit of   $1,566,000
  30% of your cumulative salary if the company achieves an after-tax profit of   $2,066,000
  40% of your cumulative salary if the company achieves an after-tax profit of   $2,566,000
  50% of your cumulative salary if the company achieves an after-tax profit of   $3,066,000
66.7% of your cumulative salary if the company achieves an after-tax profit of   $3,766,000
83.3% of your cumulative salary if the company achieves an after-tax profit of   $4,666,000
 100% of your cumulative salary if the company achieves an after-tax profit of   $5,666,000
</Table>

     The bonus period will be the fiscal months of January 2004 through December
2004. You must be an active employee of Bakers Footwear Group at the time
bonuses are paid to be eligible to receive your bonus.

     We are excited about the challenges and prospects in the coming year. We
hope it's profitable for all of us and our shareholders.

                                                  Sincerely,

                                                  /s/ Peter Edison
                                                  Peter Edison

ss

               2815 SCOTT AVENUE - SAINT LOUIS, MISSOURI 63103 -
                      (314) 621-0699 - FAX (314) 621-0708<PAGE>
                                                                   Exhibit 10.37

                                     [LOGO]

                                 March 1, 2004

Joe Vander Pluym

Dear Joe:

     The full year 2003 results ended with a pre-tax profit of $5,769,150. This
allows the company to pay the 25% bonus level which was the $5,500,000 pre-tax
level. Enclosed is a check representing your bonus for 2003. We are thrilled to
be able to share the success of the company's recent performance with you in
this way.

     The bonus plan for 2004 has been adjusted to reflect the goals for the
company now that we have raised additional capital and become a public entity.
Your bonus will be based on the profit after-tax using a standard corporate tax
rate.

<Table>
<S>     <C>                                                                        <C>
   5%   of your cumulative salary if the company achieves an after-tax profit of   $1,066,000
  10%   of your cumulative salary if the company achieves an after-tax profit of   $1,566,000
  15%   of your cumulative salary if the company achieves an after-tax profit of   $2,066,000
  20%   of your cumulative salary if the company achieves an after-tax profit of   $2,566,000
  25%   of your cumulative salary if the company achieves an after-tax profit of   $3,066,000
33.3%   of your cumulative salary if the company achieves an after-tax profit of   $3,766,000
41.7%   of your cumulative salary if the company achieves an after-tax profit of   $4,666,000
  50%   of your cumulative salary if the company achieves an after-tax profit of   $5,666,000
</Table>

     The bonus period will be the fiscal months of January 2004 through December
2004. You must be an active employee of Bakers Footwear Group at the time
bonuses are paid to be eligible to receive your bonus.

     We are excited about the challenges and prospects in the coming year. We
hope it's profitable for all of us and our shareholders.

                                         Sincerely,

                                         /s/ Peter Edison

                                         Peter Edison

 2815 Scott Avenue-Saint Louis, Missouri 63103-(314)621-0699-Fax (314)621-0708

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