Mr. Awadhesh Sinha
March 28, 2001
Page 2



                                                  March 28, 2001



Mr. Awadhesh Sinha
Salant Corporation
1114 Avenue of the Americas
New York, New York  10036


Dear Awadhesh:


     Reference  is  hereby  made  to  the  Employment   Agreement   ("Employment
Agreement"),  dated February1,  1999 between yourself as the employee and Salant
Corporation (the "Corporation"),  and the amendment to that Employment Agreement
dated July 1, 1999 (the "Amendment").

     We have mutually agreed to amend the Employment Agreement and the Amendment
effective as of January 1, 2001 as follows:

     Section  3(a) is hereby  deleted in its entirety  and  substitute  with the
     following therefore:

          "As annual  salary for the services to be rendered by the Employee the
          Corporation  shall pay a salary as of January 1, 2001,  at the rate of
          $400,000 per annum until December 31, 2001, payable in equal bi-weekly
          installments during the Employment Period (the "Salary")."

          Except as specifically set forth herein, the Employment  Agreement and
          the Amendment remain in full force and effect and are hereby ratified,
          confirmed and approved.  The Employment  Agreement and  Amendment,  as
          modified by this letter, are the only agreements that govern the terms
          of your  employment.  All other Letter  Agreements and memorandums are
          hereby null and void.






     If the foregoing correctly sets forth our mutual agreement, please sign and
return to me the three attached copies of this letter.

                                                     Very truly yours,

                                                     SALANT CORPORATION



                                                     By:/s/ Michael J. Setola
                                                        ---------------------
                                                       Michael J. Setola
                                                       Chairman of the Board and
                                                       Chief Executive Officer

Accepted and Agreed to


By:/s/Awadhesh Sinha
   -----------------
  Awadhesh Sinha