Waivers of Merger Agreement

Exhibit 10.10

ALBERTO-CULVER COMPANY

2525 Armitage Avenue

Melrose Park, Illinois 60160

January 10, 2006

To: Stockholders (as defined below)

c/o Carol L. Bernick

909 Ashland Avenue

River Forest, IL 60305

Ladies and Gentlemen:

As you are aware, Alberto-Culver Company, a Delaware corporation (“ Alberto-Culver ”), Sally Holdings, Inc., a Delaware corporation and wholly-owned subsidiary of Alberto-Culver, Regis Corporation, a Minnesota corporation, Roger Merger Inc., a Delaware corporation, and Roger Merger Subco LLC, a Delaware limited liability company, desire to enter into an Agreement and Plan of Merger (such agreement, as executed and as amended in accordance with its terms, the “ Merger Agreement ”). Capitalized terms that are used herein without definition shall have the meanings set forth in the Merger Agreement.

In connection with the Merger Agreement, certain stockho