Document:

<PAGE>
                                                                   EXHIBIT 10.24

                                 March 5, 2003

Peter Edison

Dear Peter:

         The full year 2002 results ended with a pre-tax profit of $4,109,882.
Unfortunately, this was well below the lowest level where bonus is paid in our
2002 bonus program. I have adjusted the bonus levels as follows for 2003 in
accordance with our new plans.

         The bonus period will be the fiscal months of January 2003 through
December 2003. You must be an employee of Bakers Footwear Group for the full
year to earn your bonus. Your maximum bonus will be 114.3% of your cumulative
salary for this time period. Your bonus will be earned based on the pre-tax
profit (adding back depreciation and bonus) as follows:

<Table>
<S>       <C>                                                                    <C>
   10%    of your cumulative salary if the company achieves a pre-tax profit of   $4,000,000
   20%    of your cumulative salary if the company achieves a pre-tax profit of   $4,250,000
   30%    of your cumulative salary if the company achieves a pre-tax profit of   $4,500,000
   40%    of your cumulative salary if the company achieves a pre-tax profit of   $5,000,000
   50%    of your cumulative salary if the company achieves a pre-tax profit of   $5,500,000
 71.4%    of your cumulative salary if the company achieves a pre-tax profit of   $7,500,000
 92.7%    of your cumulative salary if the company achieves a pre-tax profit of   $8,500,000
114.3%    of your cumulative salary if the company achieves a pre-tax profit of   $9,500,000
</Table>

         Needless to say, we are looking for a strong rebound in profits and
bonus for everyone. Thank you for all your hard work and commitment.

                                                    Sincerely,

                                                    Peter Edison

ss<PAGE>
                                                                   EXHIBIT 10.25

                                 March 5, 2003

Michele Bergerac

Dear Michele:

         The full year 2002 results ended with a pre-tax profit of $4,109,882.
Unfortunately, this was well below the lowest level where bonus is paid in our
2002 bonus program. I have adjusted the bonus levels as follows for 2003 in
accordance with our new plans.

         The bonus period will be the fiscal months of January 2003 through
December 2003. You must be an employee of Bakers Footwear Group for the full
year to earn your bonus. Your maximum bonus will be 114.3% of your cumulative
salary for this time period. Your bonus will be earned based on the pre-tax
profit (adding back depreciation and bonus) as follows:

<Table>
<S>       <C>                                                                    <C>
   10%    of your cumulative salary if the company achieves a pre-tax profit of   $4,000,000
   20%    of your cumulative salary if the company achieves a pre-tax profit of   $4,250,000
   30%    of your cumulative salary if the company achieves a pre-tax profit of   $4,500,000
   40%    of your cumulative salary if the company achieves a pre-tax profit of   $5,000,000
   50%    of your cumulative salary if the company achieves a pre-tax profit of   $5,500,000
 71.4%    of your cumulative salary if the company achieves a pre-tax profit of   $7,500,000
 92.7%    of your cumulative salary if the company achieves a pre-tax profit of   $8,500,000
114.3%    of your cumulative salary if the company achieves a pre-tax profit of   $9,500,000
</Table>

         Needless to say, we are looking for a strong rebound in profits and
bonus for everyone. Thank you for all your hard work and commitment.

                                                    Sincerely,

                                                    Peter Edison

ss<PAGE>
                                                                   EXHIBIT 10.26

                                 March 5, 2003

Mark Ianni

Dear Mark:

         The full year 2002 results ended with a pre-tax profit of $4,109,882.
Unfortunately, this was well below the lowest level where bonus is paid in our
2002 bonus program. I have adjusted the bonus levels as follows for 2003 in
accordance with our new plans.

         The bonus period will be the fiscal months of January 2003 through
December 2003. You must be an employee of Bakers Footwear Group for the full
year to earn your bonus. Your maximum bonus will be 100% of your cumulative
salary for this time period. Your bonus will be earned based on the pre-tax
profit (adding back depreciation and bonus) as follows:

<Table>
<S>       <C>                                                                    <C>
   10%    of your cumulative salary if the company achieves a pre-tax profit of   $4,000,000
   20%    of your cumulative salary if the company achieves a pre-tax profit of   $4,250,000
   30%    of your cumulative salary if the company achieves a pre-tax profit of   $4,500,000
   40%    of your cumulative salary if the company achieves a pre-tax profit of   $5,000,000
   50%    of your cumulative salary if the company achieves a pre-tax profit of   $5,500,000
 66.7%    of your cumulative salary if the company achieves a pre-tax profit of   $7,500,000
 83.3%    of your cumulative salary if the company achieves a pre-tax profit of   $8,500,000
  100%    of your cumulative salary if the company achieves a pre-tax profit of   $9,500,000
</Table>

         Needless to say, we are looking for a strong rebound in profits and
bonus for everyone. Thank you for all your hard work and commitment.

                                                    Sincerely,

                                                    Peter Edison

ss<PAGE>
                                                                   EXHIBIT 10.27

                                 March 5, 2003

Stan Tusman

Dear Stan:

         The full year 2002 results ended with a pre-tax profit of $4,109,882.
Unfortunately, this was well below the lowest level where bonus is paid in our
2002 bonus program. I have adjusted the bonus levels as follows for 2003 in
accordance with our new plans.

         The bonus period will be the fiscal months of January 2003 through
December 2003. You must be an employee of Bakers Footwear Group for the full
year to earn your bonus. Your maximum bonus will be 100% of your cumulative
salary for this time period. Your bonus will be earned based on the pre-tax
profit (adding back depreciation and bonus) as follows:

<Table>
<S>       <C>                                                                    <C>
   10%    of your cumulative salary if the company achieves a pre-tax profit of   $4,000,000
   20%    of your cumulative salary if the company achieves a pre-tax profit of   $4,250,000
   30%    of your cumulative salary if the company achieves a pre-tax profit of   $4,500,000
   40%    of your cumulative salary if the company achieves a pre-tax profit of   $5,000,000
   50%    of your cumulative salary if the company achieves a pre-tax profit of   $5,500,000
 66.7%    of your cumulative salary if the company achieves a pre-tax profit of   $7,500,000
 83.3%    of your cumulative salary if the company achieves a pre-tax profit of   $8,500,000
  100%    of your cumulative salary if the company achieves a pre-tax profit of   $9,500,000
</Table>

         Needless to say, we are looking for a strong rebound in profits and
bonus for everyone. Thank you for all your hard work and commitment.

                                                    Sincerely,

                                                    Peter Edison

ss<PAGE>
                                                                   EXHIBIT 10.28

                                 March 5, 2003

Joe Vander Pluym

Dear Joe:

         The full year 2002 results ended with a pre-tax profit of $4,109,882.
Unfortunately, this was well below the lowest level where bonus is paid in our
2002 bonus program. I have adjusted the bonus levels as follows for 2003 in
accordance with our new plans.

         The bonus period will be the fiscal months of January 2003 through
December 2003. You must be an employee of Bakers Footwear Group for the full
year to earn your bonus. Your maximum bonus will be 50% of your cumulative
salary for this time period. Your bonus will be earned based on the pre-tax
profit (adding back depreciation and bonus) as follows:

<Table>
<S>       <C>                                                                    <C>
    5%    of your cumulative salary if the company achieves a pre-tax profit of   $4,000,000
   10%    of your cumulative salary if the company achieves a pre-tax profit of   $4,250,000
   15%    of your cumulative salary if the company achieves a pre-tax profit of   $4,500,000
   20%    of your cumulative salary if the company achieves a pre-tax profit of   $5,000,000
   25%    of your cumulative salary if the company achieves a pre-tax profit of   $5,500,000
 33.3%    of your cumulative salary if the company achieves a pre-tax profit of   $7,500,000
 41.7%    of your cumulative salary if the company achieves a pre-tax profit of   $8,500,000
   50%    of your cumulative salary if the company achieves a pre-tax profit of   $9,500,000
</Table>

         Needless to say, we are looking for a strong rebound in profits and
bonus for everyone. Thank you for all your hard work and commitment.

                                                    Sincerely,

                                                    Peter Edison

ss<PAGE>
                                                                   EXHIBIT 10.29

                                 March 5, 2003

Larry Spanley

Dear Larry:

         The full year 2002 results ended with a pre-tax profit of $4,109,882.
Unfortunately, this was well below the lowest level where bonus is paid in our
2002 bonus program. I have adjusted the bonus levels as follows for 2003 in
accordance with our new plans.

         The bonus period will be the fiscal months of January 2003 through
December 2003. You must be an employee of Bakers Footwear Group for the full
year to earn your bonus. Your maximum bonus will be 50% of your cumulative
salary for this time period. Your bonus will be earned based on the pre-tax
profit (adding back depreciation and bonus) as follows:

<Table>
<S>       <C>                                                                    <C>
    5%    of your cumulative salary if the company achieves a pre-tax profit of   $4,000,000
   10%    of your cumulative salary if the company achieves a pre-tax profit of   $4,250,000
   15%    of your cumulative salary if the company achieves a pre-tax profit of   $4,500,000
   20%    of your cumulative salary if the company achieves a pre-tax profit of   $5,000,000
   25%    of your cumulative salary if the company achieves a pre-tax profit of   $5,500,000
 33.3%    of your cumulative salary if the company achieves a pre-tax profit of   $7,500,000
 41.7%    of your cumulative salary if the company achieves a pre-tax profit of   $8,500,000
   50%    of your cumulative salary if the company achieves a pre-tax profit of   $9,500,000
</Table>

         Needless to say, we are looking for a strong rebound in profits and
bonus for everyone. Thank you for all your hard work and commitment.

                                                    Sincerely,

                                                    Peter Edison

ss

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00059-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00059-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00059-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00059-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00059-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00059-of-00352.parquet"}]]