Notice of Non-Renewal of Employment Agreement between FOH Holdings, Inc., Frederick’s of Hollywood Group Inc., and Linda LoRe

Summary

FOH Holdings, Inc. and Frederick’s of Hollywood Group Inc. have notified Linda LoRe that her Employment Agreement, originally dated January 29, 2008, will not be renewed. The agreement will remain in effect until August 1, 2010, after which her employment period will end. No additional payments or benefits are owed to Ms. LoRe solely because of this notice. The terms of her employment will continue to be governed by the existing agreement until its expiration.

EX-10.1 2 v183307_ex10-1.htm Unassociated Document
EXHIBIT 10.1
 

 
1115 Broadway New York, NY 10010   ###-###-####
 
 
April 28, 2010
 

BY HAND DELIVERY
Ms. Linda LoRe
 
 
 
Re:
Notice of Non-Renewal of Employment Agreement
 
Dear Linda:
 
Pursuant to Section 1 of the Employment Agreement, dated as of January 29, 2008 (“Employment Agreement”), between you, FOH Holdings, Inc. and Frederick’s of Hollywood Group Inc. (“Parent”), this letter shall serve as notice under the Employment Agreement that the Employment Agreement will not be extended.  Accordingly, the Employment Period (as defined in the Employment Agreement) will expire effective as of August 1, 2010.  The Employment Agreement will continue to govern your employment with Parent until the end of the Employment Period, and will remain in full force and effect until such date.  You are not entitled to any payments or benefits under the Employment Agreement solely as a result of Parent’s delivery of this notice.
 
 
Very truly yours,
 
       
 
By:
/s/ Thomas J. Lynch  
    Thomas J. Lynch   
    Chairman and Chief Executive Officer   
       
 
cc: 
Marci J. Frankenthaler, Esq.
Jeffrey Gallant, Esq.