Agreement Letter Between Movie Star, Inc. and Directors Michael A. Salberg and Joel M. Simon for Ad Hoc Committee Service

Summary

Movie Star, Inc. agrees to pay directors Michael A. Salberg and Joel M. Simon a monthly fee of $7,500 each for serving on an ad hoc committee of the Board of Directors. The payments begin with the month ending June 30, 2006, and may continue for up to four months. The agreement is confirmed by the signatures of both directors and the company's Chief Financial Officer.

EX-10.22 5 file5.htm AGREEMENT LETTER

  EXHIBIT 10.22 MOVIE STAR, INC. 1115 BROADWAY NEW YORK, NEW YORK 10010 June 30, 2006 Michael A. Salberg, Esq. Mr. Joel M. Simon c/o Movie Star, Inc. 1115 Broadway New York, New York 10010 Dear Michael and Joel: In consideration for serving as a member of an ad hoc committee of the Board of Directors of Movie Star, Inc. ("Company"), the Company shall pay each of you a fee of $7,500 per month commencing with the month ended June 30, 2006 for a period of up to four months. Please indicate your agreement to the foregoing by signing in the space provided below. Very truly yours, MOVIE STAR, INC. By: /s/ Thomas Rende -------------------------------------- Thomas Rende, Chief Financial Officer ACCEPTED AND AGREED TO: /s/ Michael A. Salberg - -------------------------------------- Michael A. Salberg, Director /s/ Joel M. Simon - -------------------------------------- Joel M. Simon, Director