EX-10.25
from S-1/A
3 pages
March 12, 2021 Ms. Kristin Patrick 3329 Coy Drive Sherman Oaks, Ca 91423 Dear Kristin: I Am Pleased to Offer You a Position With Claire’s Stores, Inc. on the Following Terms: Position - Executive Vice President and Chief Marketing Officer Reporting Relationship - Chief Executive Officer Start Date - March 15, 2021 in a Transition Capacity, and Full-Time Effective July 24, 2021 Salary - Your Annual Base Salary Will Be $450,000 Per Year, Paid in Accordance With the Company’s Standard Payroll Practices. Bonus - You Will Participate in the Company’s Annual Incentive Plan (Aip). Your Annual Target Award Will Be 60% of Base Salary. the Aip Is Based on Company Performance, and Can Be Based on Other Factors Such as Individual Performance. Your 2021 Bonus Will Be Guaranteed at 100% of Target. Sign-On Bonus - You Will Be Paid a One-Time Sign-On Bonus of $150,000, 50% of Which Will Be Paid Upon 30 Days After Your Start Date and 50% of Which Will Be Paid Upon 60 Days After Your Start Date. This Bonus Will Be Subject to a Standard One Year Retention Agreement
12/34/56
EX-10.23
from S-1/A
3 pages
December 18, 2021 Confidential Laurie Ann Goldman La Ventures 15 Sutton Place New York City, Ny 10022 Dear Laurie Ann: On Behalf of the Board of Managers (The “Board”) of Claire’s Holdings LLC (The “Company”), I Am Pleased to Invite You to Join the Board and to Assume the Role of Board Chair, Effective as of January 30, 2022. Your Compensation for Your Service Will Consist of the Following: • an Annual Cash Retainer of $125,000, Paid Quarterly in Arrears, for Service as a Member of the Board. • an Annual Cash Retainer of $100,000, Paid Quarterly in Arrears, for Service as Board Chair
12/34/56
