At the annual meeting of shareholders of Regis Corporation (the "Company") held on October 29, 2009, the shareholders voted to approve the Company's Short Term Incentive Compensation Plan (the "Short Term Plan"). The Short Term Plan is filed as Appendix A to the Company's Proxy Statement filed with the Commission on September 15, 2009.

The Short Term Plan is substantially similar to the Regis Corporation Short Term Incentive Compensation Plan that shareholders approved in 2004. The primary differences between the Short Term Plan and the predecessor plan are the following:

† The Short Term Plan provides flexibility for awards having a performance period equal to our fiscal year, as well as performance periods that are longer or shorter than one fiscal year, whereas the predecessor plan only permitted awards having a performance period equal to one fiscal year.

† The Short Term Plan permits awards to be based on the following additional performance criteria: gross margin, service margin, product margin, return on invested capital and improvements in the Company's attainment of income levels.

† The Short Term Plan defines "change in control" and "disability" as defined under the executive employment agreements, as such agreements were revised during the last fiscal year.

(d) Exhibits.

EXHIBIT
NUMBER

10.1       Regis Corporation Short Term Incentive Compensation Plan (Incorporated
           by reference to Appendix A to the Company's Proxy Statement (File
           No. 001-12725) filed with the Commission on September 15, 2009).