BONUS COMPENSATION PLANEmployee Bonus Plan Agreement |
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Search Employee Bonus Plan Agreement by:
Exhibit 99.1
JAFRA
Private —
Confidential
Enrique Marco
c/o Jafra Cosmetics International, Inc.
2451 Townsgate Road
Westlake Village, CA 91361
USA
19th December, 2006
Dear Mr. Marco,
Pursuant to section 3.3 of
your employment agreement dated 12th January, 2006, as well as the Additional Bonus
Compensation Letter dated 12th January, 2006, you are eligible for a bonus
compensation at the discretion of the company.
Please find attached the new
bonus plan as of 1st January, 2007. We would appreciate your
acknowledgement of receipt of this new bonus plan but please understand whether
you execute this or not does not change the contents of this new bonus plan.
Also, we would like to
confirm that the guaranteed bonus for 2006 amounting to USD 114,000 gross per
annum (payable pro rated, i.e. USD 76,000 gross) will be paid to you in April,
2007.
Furthermore, we have the
pleasure to inform you that because of your contribution to the success of
Jafra during this year we would like to pay to you a one-off premium of USD
30,000 gross, payable in December, 2006.
We wish you all the best for
your future tasks to come and we are hoping for a further successful
co-operation.
Yours sincerely,






