The Compensation Committee of the Board of Directors (the "Board") of R.G. Barry Corporation (the "Company") has adopted the R. G. Barry 2010 Management Bonus Plan (the "2010 Bonus Plan"). Certain employees of the Company, including the named executive officers, are eligible to participate in the 2010 Bonus Plan. Bonuses under the plan are based on the achievement of Company performance objectives (based on pre-incentive, pre-tax income) in fiscal year 2010 at varying levels. Upon the achievement of these objectives, a participant will receive a bonus based on a percentage of his or her annual salary. Potential bonus levels of the Company's named executive officers under the 2010 Bonus Plan range from 10% to 140% of a participant's fiscal year 2010 annual base salary, depending upon the participant's position with the Company. The threshold, target and maximum potential bonuses (if applicable objectives are met) of the Company's named executive officers are indicated below:

                                                                           Potential Bonus
                                                                    (as % of Annual Base Salary)
        Name                         Position                 Threshold         Target         Maximum
Greg A. Tunney           President and Chief Executive
                         Officer                                  25.0            60.0          140.0
Jose Ibarra              Sr. Vice President - Finance,
                         Chief Financial Officer and
                         Secretary                                17.5            30.0           70.0
Glenn Evans              Sr. Vice President - Sourcing
                         and Logistics                            12.5            25.0           60.0
Lee Smith                Sr. Vice President - Creative
                         Services                                 12.5            25.0           60.0
Thomas Konecki           President - Private Brands               10.0            20.0           48.0

The approval of the 2010 Bonus Plan by the Compensation Committee shall not be deemed to create an enforceable agreement between the Company and any eligible participant, and the Board retains the discretion to change the design of, and participants in, the 2010 Bonus Plan without notice to or approval of participants. No entitlement to payments under the 2010 Bonus Plan will exist until the payments are authorized by the Board.