126 OxfordStreet Lynn, MA USA ###-###-#### Tel: 781 ###-###-#### Fax: 781 ###-###-####

Vice President, Merchandising

Walt Spokowski, President and CEO

$150,000

Eligible for the company’s executive bonus program which provides for a maximum payout of 60% of your base salary upon attainment of company goals. In the first year $50,000 will be guaranteed, one half payable in six months after your start date and the other half payable after twelve months.

Reviews are done annually after the close of the fiscal year. Your first review will take place in 2004.

You will be eligible for 2 weeks paid vacation in 2003.

You will receive options on 100,000 shares of company stock, which will vest in equal amounts over three years. These options are subject to formal Board approval at its first meeting after you join the company.

For the first year, the company will pay for two round trip coach airline tickets from Boston to Tampa each calendar month. The company will provide the tickets unless you are able to secure lower fares. The company will provide temporary housing costs for three months. Meals and other living expenses are not covered. After the company’s review of the cost, it will pay to transport your automobile from Tampa to Boston.

You will be eligible for the company Executive Health and Life Insurance Plan at no cost to you. Rick Welker will provide you the details.

401K:

The Company currently matches contributions under the plan up to the first 3% of your income, when you become eligible.