Exhibit 10(a)
ALBERTO-CULVER COMPANY
EMPLOYEE STOCK OPTION PLAN OF 2006
(as amended through January 24, 2008)
The Alberto-Culver Company Employee Stock Option Plan of 2006 (hereinafter called the “ACSOP”) is intended to
encourage ownership of the Common Stock of Alberto-Culver Company (the “Company”) by eligible key employees of the
Company and its subsidiaries and to provide incentives for them to make maximum efforts for the success of the business.
Options granted under the ACSOP will be non-qualified options (not incentive options as defined in Section 422 of the Internal
Revenue Code of 1986 and the rules and regulations promulgated thereunder (the “Code”)).
Key employees of the Company and its subsidiaries who perform services which contribute materially to the management,
operation and development of the business (“Optionees”) will be eligible to receive options under the ACSOP.
The Compensation and Leadership Development Committee of the Board of Directors of the Company (the “Committee”)
shall have full power and authority, subject to the express provisions of the ACSOP, to determine the purchase price of the
stock covered by each option, the Optionees to whom and the time or times at which options shall be granted, the terms and
conditions of the options, including the terms of payment thereof, and the number of shares of stock to be covered by each
option. The Committee shall have full power to construe, administer and interpret the ACSOP, and full power to adopt such
rules and regulations as the Committee may deem desirable to administer the ACSOP. No member of the Committee shall be
liable for any action or determination made in good faith with respect to the ACSOP or any option thereunder. Determinations
by the Committee under the ACSOP need not be uniform and may be made by it selectively among Optionees, whether or not
such persons are similarly situated. The determination of the Committee as to any disputed question arising under the ACSOP,
including question