Exhibit 10.1

 

On April 4, 2006, the Board of Directors of Blyth, Inc. (the “Company”), based
on the recommendation of the Compensation Committee, established the salaries
for the Company’s named executive officers for the fiscal year ending January
31, 2007 as follows: Robert B. Goergen, Chairman and Chief Executive Officer,
$794,395; Frank P. Mineo, Senior Vice President of the Company and President of
Direct Selling Group, $512,500; Bruce G. Crain, Senior Vice President of the
Company and President of Wholesale Group, $461,250; Robert H. Barghaus, Vice
President and Chief Financial Officer, $369,000; and Robert B. Goergen, Jr.,
Vice President of the Company and President, Catalog & Internet Group and
Corporate Development Group, $325,000. In addition, the Committee determined
that the Company had not satisfied the performance measures set forth under the
Management Performance Incentive Plan in fiscal 2006; however, the Committee
determined that a cash bonus would be awarded to Mr. Barghaus for performance
related to a corporate reorganization in fiscal 2006. The following sets forth
the bonuses paid to the named executive officers for performance in fiscal 2006:
Robert B. Goergen, $0; Frank P. Mineo, $0; Bruce G. Crain, $0; Robert H.
Barghaus, $45,000; and Robert B. Goergen, Jr., $0.

 

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