EXHIBIT 10.1
AMENDMENT TO
EMPLOYMENT AGREEMENT
     This Amendment to the June 1, 1998 Employment Agreement between Jafra
Cosmetics International, Inc, a Delaware corporation (“Company”), and Gonzalo R.
Rubio (“Executive”) (the “Amendment”) is made as of March 24, 2005, by and among
Company and Executive.
     Company and Executive agree as follows:
     1. Amendment to Section 2(a): Term of Employment. Section 2(a) of the
Employment Agreement is hereby amended to read as follows”

      Unless Executive’s employment shall sooner terminate pursuant to Section 7
of the Agreement, Company shall employ Executive for a term commencing on
May 28, 2004 (the “Commencement Date”) and ending on April 30, 2006. The period
commencing on the Commencement Date and ending on the earlier of (i) the
effective date of any termination of Executive’s employment pursuant to
Section 7 and (ii) April 30, 2006 shall be referred to as the “Employment
Period.”

     2. Amendment to Section 2, to add Section 2(c).

      Upon conclusion of the Employment Period, unless Executive’s employment is
terminated pursuant to Section 7, Company agrees that Executive shall be
retained by Company or a related entity as a consultant to provide consulting
services (the “Services”) to the Board and management of Company or the related
entity. In performing the Services, Executive shall be an independent contractor
and not the employee or agent of Company. Executive and the Company anticipate
that the terms and conditions of the Consulting Agreement will be negotiated and
agreed to by the parties on or before September 30, 2005. The parties anticipate
that the Consulting Agreement generally will be in the form attached as
Exhibit A to this Amendment.

     3. Amendment to Section 4(b), (c) and (d). These Sections are deleted.
     4. Entire Agreement. This Agreement (including the Exhibits), together with
the Employment Agreement, constitutes the entire agreement among the parties.
Except as expressly amended in this Amendment, the Employment Agreement shall
remain in full force and effect. Capitalized terms used in this Amendment but
not otherwise defined shall have the same meaning as set forth in the Employment
Agreement. All prior correspondence and proposals (including but not limited to
summaries of proposed terms and all prior promises, representations,
understandings, arrangements and agreements relating to such subject matter
(including but not limited to those made to or with Executive by any other
Person)) are merged and superseded by this Amendment.
     5. Governing Law. This Amendment shall be governed by and, construed in
accordance with the laws of California without giving effect to principles of
conflicts of law.
     6. Counterparts. This Amendment may be executed in counterparts, each of
which shall be deemed an original and all of which together shall constitute one
and the same instrument.
     IN WITNESS WHEREOF, the parties have executive this Amendment to the
Employment Agreement as of the first date written above.

         

 

            Jafra Worldwide Holdings s.á.R.L. S.A.
(Luxemburg)

for and on behalf of

JAFRA COSMETICS INTERNATIONAL, INC.
      By:   /s/ Dr. Joerg Mittelsten Scheid         Dr. Joerg Mittelsten Scheid 
 

 

--------------------------------------------------------------------------------

 

            By:   /s/ Wolfgang Bahlmann      Wolfgang Bahlmann         
Executive:
      /s/ Gonzalo R. Rubio       Name: Gonzalo R. Rubio