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                                                                Exhibit 10.2

                            ANGELICA CORPORATION
                       FORM 10-K FOR FISCAL YEAR ENDED
                              JANUARY 26, 2002

                                  SCHEDULE
                                  --------

The participation agreements presently in effect under the Angelica
Corporation Management Retention and Incentive Plan are substantially
identical in all material respects. This revised schedule is included
pursuant to Instruction 2 of Item 601(a) of Regulation S-K for the purpose
of setting forth the material details in which the specific agreements
differ from the form of agreement filed as Exhibit 10.3 to the Angelica
Corporation Form 10-K for fiscal year ended 1/30/93:

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<CAPTION>
                                                             "Benefit Multiple"
Name                       Title                          Pursuant to Paragraph 3
----                       -----                          -----------------------

<S>                        <C>                                     <C>
T. M. Armstrong            Sr. Vice President-Finance              2.99
                           and Administration

Charles D. Molloy, Jr.     Vice President                          2.00
</TABLE><PAGE>

                                                               Exhibit 10.29

                    [Letterhead of Angelica Corporation]

                              December 18, 2001

Charles D. Molloy, Jr.
986 Barnard College Lane
University City, Missouri 63130

Dear Charley:

         As you were previously notified, Angelica chose not to allow the
Term of your Employment Agreement to renew. Accordingly, your Employment
Agreement expired as of September 30, 2001. To whatever extent your
employment may continue beyond that date, it will do so on an at-will basis
and, as such, will be subject to termination, at any time, with or without
cause.

         The purpose of this letter is to set forth the terms of your
continued employment by Angelica following the expiration of your Employment
Agreement on September 30, 2001. These terms of employment will remain in
effect for the period beginning October 1, 2001 and ending March 31, 2002,
or until any earlier termination of your employment. If your employment
continues with Angelica beyond March 31, 2002, it will do so on an at-will
basis and upon such terms and conditions as may be mutually agreed to in
writing at that time.

         1.       EMPLOYMENT AT WILL - Again, to whatever extent your
                  ------------------
                  employment by Angelica may continue after September 30,
                  2001, it will do so on an at-will basis. Your employment
                  may be terminated immediately at any time by Angelica,
                  with or without cause.

         2.       COMPENSATION - Your base salary will be $16,666.66 per
                  ------------
                  month ($200,000.00 annualized), payable in accordance with
                  Angelica's current payroll practices. Except as otherwise
                  provided in this letter, you will continue to be eligible
                  to participate in such other compensation and benefit
                  plans and programs generally available to other similarly
                  situated executives of Angelica, including participation
                  in Angelica's: Short Term Incentive Compensation Plan;
                  Performance Plan; Stock Bonus and Incentive Plan;
                  Retirement Savings Plan (401k); Pension Plan; and
                  Supplemental Plan. It is understood that Angelica may, at
                  any time and in its sole discretion, eliminate, amend,
                  modify or replace any such plan(s).

         3.       DUTIES - You will continue to serve as Vice President of
                  ------
                  Angelica Corporation and as President of Angelica's
                  Manufacturing and Marketing Business Segment (i.e.
                  Angelica Image Apparel and the Canadian operations).
                  However, your duties, authority, title and
                  responsibilities (including, but not limited to, your
                  status, offices and reporting requirements), may be
                  changed and/or diminished by Angelica, in its sole
                  discretion, at any time and from time to time, with or
                  without cause.

         4.       TRIGGERING TRANSACTION - It is understood that Angelica
                  ----------------------
                  has undertaken efforts to sell the assets of its
                  Manufacturing and Marketing Business Segment. Further, it
                  is understood and agreed that your support, cooperation
                  and

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Charles D. Molloy, Jr.
Page 2
December 18, 2001

                  assistance is important to the success of those efforts.
                  Accordingly, the duties and responsibilities of your
                  employment will include your full support of, as well as
                  your cooperation and assistance with, Angelica's efforts
                  to complete such transaction.

                  4.1      For purposes of this letter, a "Triggering
                  Transaction" will mean any such transaction pursuant to
                  which 50% or more of the assets of Angelica's
                  Manufacturing and Marketing Business Segment are sold to a
                  third party.

         5.       SEPARATION PAYMENTS -- If on or prior to March 31, 2002,
                  -------------------
                  your employment is terminated by Angelica without good
                  cause, then, subject to the provisions of paragraph 7
                  below, Angelica will pay you an amount equal to six (6)
                  months base salary (or such greater amount as Angelica, in
                  its sole discretion, deems appropriate). Said amounts will
                  be paid in equal, semi-monthly payments, less applicable
                  taxes, withholdings and standard deductions. To the extent
                  that the obligation to pay said amounts arises hereunder,
                  such obligation will survive the termination of your
                  employment until such time as said amounts have been paid.

                  5.1      For purposes of this letter, "good cause" means:
                  (i) your continued failure to substantially perform your
                  duties with Angelica, including those identified in
                  paragraph 3 above, (other than as a result of incapacity
                  due to physical or mental condition); (ii) your commission
                  of an act constituting a criminal offense involving moral
                  turpitude, dishonesty or breach of trust; or (iii) your
                  failure to fulfill or comply with any material term of
                  your employment. You will not be entitled to any
                  separation payments if your employment is terminated by
                  you or by Angelica with good cause.

         6.       INCENTIVE FEE - If, during your employment or, in the case
                  -------------
                  your employment is terminated by Angelica without good
                  cause then during the six (6) month period thereafter, a
                  Triggering Transaction is consummated, Angelica will pay
                  you, in addition to any separation payments provided for
                  in paragraph 5 above, an incentive payment as follows:

                           (a)      In the event of a Triggering Transaction
                                    for the sale of 90% or more of the
                                    assets of the Manufacturing and
                                    Marketing Business Segment, Angelica
                                    will pay you an incentive fee payment of
                                    $100,000;

                           (b)      In the event of a Triggering Transaction
                                    for the sale of 50% or more, but less
                                    than 100%, of the assets of the
                                    Manufacturing and Marketing business
                                    Segment, Angelica will pay you an
                                    incentive fee payment of $50,000;

                           (c)      In that the sale of less than 50% of the
                                    assets of the Manufacturing and
                                    Marketing Business Segment is not a
                                    Triggering Transaction, Angelica will
                                    not be obligated to pay you any
                                    incentive fee payment in the event of
                                    such a transaction.

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Charles D. Molloy, Jr.
Page 3
December 18, 2001

                  To the extent that the obligation to pay any such
                  incentive fee may not arise hereunder until after the
                  termination of your employment, such obligation will
                  survive such termination until such obligation has been
                  determined and, if earned, has been paid.

                  Notwithstanding anything to the contrary, it is understood
                  that if your employment is terminated by you, or by
                  Angelica for good cause, prior to the consummation of a
                  Triggering Transaction, Angelica will have no obligation
                  to pay any such incentive fee.

         7.       SETTLEMENT AGREEMENT AND RELEASE - Any and all payments to
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                  be made to you pursuant to paragraph 5 or 6, shall be
                  expressly conditioned upon the negotiation and execution
                  of a mutually acceptable settlement agreement and release
                  by you and Angelica. Such settlement agreement and release
                  shall include, but not be limited to: a release by you of
                  all claims against Angelica; your covenant not to compete
                  with Angelica for a period to be determined and agreed to
                  in such agreement; your continuing agreement not to
                  disclose confidential information of Angelica; your
                  agreement not to solicit Angelica's employees for
                  employment by you or by others for a period of not less
                  than one year; your agreement not to disparage Angelica;
                  and such other terms and conditions as are customarily
                  included in such agreements to which Angelica is a party.

         8.       MISCELLANEOUS - The above sets forth the terms of your
                  -------------
                  employment and supersedes any prior written or oral
                  agreements, understandings, discussions or negotiations
                  with respect thereto.

         Please acknowledge your receipt and acceptance of these terms by
signing and returning to me the enclosed copy of this letter.

Very truly yours,

/s/ Don W. Hubble

Don W. Hubble

RECEIPT AND ACCEPTANCE
ACKNOWLEDGED

/s/ Charles D. Molloy, Jr.
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Charles D. Molloy, Jr.

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