[PRESTIGE BRANDS INC. LOGO]

Annual salary of $250,000 paid twice monthly.

Participation in the Management Bonus Plan for the fiscal year ending March 31, 2008. Payments will be made in May of every year for the preceding year, which ends on 3/31. You must be an employee at the end of the year to qualify. Your target eligibility (which is dependant on the Company achieving budget objectives) is 45% of annual salary. The actual bonus may be higher, lower or non-existent dependant on financial performance of the Company.

Eligibility for the Long Term Incentive Plan (LTIP) with an initial 2008 grant of $346,875.

A sign on/retention bonus of $75,000 payable in two equal installments of $37,500 on April 30^th , 2007 and $37,500 on April 30^th, 2008. In order to earn this retention bonus you must be employed in good standing with the company through the payout dates.

Severance Benefit of one year’s salary and target bonus if terminated for reasons other than “cause”, conditioned on the execution of a severance agreement.

Medical Insurance (eligible immediately)

Dental Insurance (eligible after 1 month)

Employee Life Insurance (eligible after 1 month, Company paid)

Long-term Disability Insurance (eligible after 1 month, Company paid)

Long-term Care Insurance (eligible after 3 months, Company paid)

Flexible Spending Account (eligible after 3 months)

401k Plan (eligible after 6 months)

4 weeks vacation