EX-20.2 3 y97108exv20w2.txt RESIGNATION LETTER Exhibit 20.2 May 5, 2004 Board of Directors Secretary Hanover Direct, Inc. Gentlemen: I hereby resign as Chairman of the Board, a member of the Board of Directors and the Nominating Committee thereof, President and Chief Executive Officer of Hanover Direct, Inc. (the "Company") and from any positions I may hold with any subsidiaries of the Company all effective immediately, but conditioned upon the agreement of the parties to a settlement of all claims, including but not limited to my claims under my employment contract. Sincerely, Thomas C. Shull