INDEPENDENT CONTRACTOR AGREEMENT

QuickLinks -- Click here to rapidly navigate through this document

Exhibit 10.24

INDEPENDENT CONTRACTOR AGREEMENT

        THIS AGREEMENT, made effective this 1st day of October, 2003, is by and between WESTERN BRANDS, LLC, a Colorado Limited Liability Company (hereinafter referred to as "Western Brands"), and RONALD SNYDER (hereinafter referred to as "Snyder").

        WHEREAS, Western Brands is a Colorado Limited Liability Company engaged in part in the business of manufacturing and marketing CROCS footwear; and

        WHEREAS, Snyder is in the business of performing consulting services; and

        WHEREAS, Western Brands desires to utilize Snyder's services, and Snyder is willing to provide such services;

        NOW THEREFORE, in consideration of the mutual promises set forth herein, it is agreed as follows:

•         1.     Snyder will provide consulting services on behalf of Western Brands on the terms and conditions set forth herein.

          2.     Western Brands shall determine the scope of Snyder's services, but Snyder may perform such services at such times and at such locations as Snyder determines, provided service can be performed in a timely and competent manner.

          3.     Snyder's obligations under this agreement shall commence October 1, 2003. Snyder shall be compensated in the form of Class B membership interests issued to Snyder as set forth in paragraph 4 below.

          4.     Snyder shall keep a record of hours spent in furtherance of his obligations under this Agreement and provide Western Brands with a detail of hours worked for any month in which his hours exceed fifty (50). At such time as Snyder has provided one hundred sixty-six and two-thirds (166 ² /3) hours of consulting services in furtherance of this agreement or six-months have elapsed since the effective date of this Agreement, whichever occurs first, Western Brands shall issue to Snyder Class B membership interests equal to one-half ( ¹ /2) of one percent (1%) of all outstanding membership interests. For each additional 166.67 hours of service or expiration of additional six-month periods, whichever occur first, Snyder will be issued an additional one-half percent ( ¹ /2%) membership interest until such time as Snyder has provided six hundred and sixty-six and two-thirds (666 ² /3) hours of service, or two years have elapsed since the effective date of this Agreement, whichever occurs first, and Western Brands has delivered Class B membership interests equal to two percent (2%) of the outstanding membership interests. At such time neither party shall have any further obligations under this agreement unless a