(e) On May 6, 2009, the existing employment agreements of Alfred E. Brennan, Young Innovations, Inc.'s (the "Company") Chief Executive Officer and Chairman, and Arthur L. Herbst, Jr., the Company's President, were amended and restated. The changes to each employment agreement consisted of (i) extending the term, so that each agreement now expires on January 31, 2012, instead of January 31, 2010 and (ii) amending the agreement to take into account various interpretations issued by the Internal Revenue Service (the "IRS") with respect to Section 409A of the Internal Revenue Code of 1986, as amended (the "Code"), so that the payment of certain amounts under the employment agreement which are deemed to be deferred compensation under Code Section 409A are paid to the executives in a manner and timeframe that complies with the Code.

In addition, on May 6, 2009, the existing employment agreements of Daniel J. Tarullo, a Company Vice President, and George E. Richmond, the Company's Vice Chairman and principal shareholder were also amended and restated to address the various interpretations issued by the IRS with respect to Section 409A of the Code as described above.

(d) Exhibits

  Exhibit Number Description


             10.1               Amended and Restated Employment Agreement dated
                                May 6, 2009 between the Company and Alfred E.
                                Brennan.


             10.2               Amended and Restated Employment Agreement dated
                                May 6, 2009 between the Company and Arthur L.
                                Herbst, Jr..


             10.3               Amended and Restated Employment Agreement dated
                                May 6, 2009 between the Company and Daniel J.
                                Tarullo.


             10.4               Amended and Restated Employment Agreement dated
                                May 6, 2009 between the Company and George E.
                                Richmond.