Document:

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                                                                  EXECUTION COPY

                                                                   EXHIBIT 10.24

                SECOND AMENDED AND RESTATED CONSULTING AGREEMENT

         This SECOND AMENDED AND RESTATED CONSULTING AGREEMENT, dated as of May
___, 2003 (as the same may be amended, restated or supplemented the
"Agreement"), by and among CDRJ Investments (Lux) S.A., a Luxembourg societe
anonyme ("CDRJ"), CDRJ North Atlantic (Lux) S.ar.l, a Luxembourg societe a
responsabilite limitee ("North Atlantic"), Jafra Worldwide Holdings (Lux)
S.ar.l, a Luxembourg societe a responsabilite limitee ("Jafra Worldwide"), Jafra
Cosmetics International, Inc., a Delaware corporation ("Jafra US") Distribuidora
Comercial Jafra, S.A. de C.V. a sociedad anonima de capital variable ("Jafra
Distribution (Mexico)") Jafra Cosmetics International, S.A. de C.V., a sociedad
anonima de capital variable ("Jafra Mexico" and collectively with CDRJ, North
Atlantic, Jafra Worldwide, Jafra Distribution (Mexico) and Jafra US, the
"Company Group"), and Clayton, Dubilier & Rice, Inc., a Delaware corporation
("CD&R").

         Recitals.

         A.       Since 1998, CD&R has been providing CDRJ, Jafra US and Jafra
Mexico financial and managerial advisory services pursuant to a Consulting
Agreement, dated as of April 30, 1998 which was subsequently amended and
restated as of January 1, 2001 (the "Original Amended and Restated Agreement").

         B.       In connection with a restructuring that CDRJ initiated, Jafra
Distribution (Mexico) was organized to conduct certain business previously
conducted by Jafra Mexico and its subsidiaries, Jafra Worldwide was organized to
act as parent guarantor under new debt financing entered into by Jafra US, Jafra
Mexico and Jafra Distribution (Mexico), and CDRJ will be liquidated.

         C.       In accordance with a resolution adopted by the Boards of
Directors of CDRJ, North Atlantic, Jafra Worldwide, Jafra US, Jafra Distribution
(Mexico) and Jafra Mexico on May 14, 2003, in connection with the restructuring,
the parties to the Original Amended and Restated Agreement wish to amend certain
provisions of the Original Amended and Restated Agreement to, among other
things, add Jafra Worldwide and Jafra Distribution (Mexico) as parties to the
Original Amended and Restated Agreement and, in connection therewith, to amend
and restate such agreement in its entirety.

         D.       The members of the Company Group, CD&R and certain affiliates
of CD&R have entered into the Amended and Restated Indemnification Agreement,
dated as of May 20, 2003 (as the same may be amended, restated, supplemented or
waived from time to time, the "Indemnification Agreement"). Capitalized terms
used in this Agreement without definition are used as they are defined in the
Indemnification Agreement.

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         NOW, THEREFORE, the parties hereto hereby agree as follows:

         1.       Engagement. The Company Group hereby engages CD&R as a
consultant, and CD&R hereby agrees to provide, financial and managerial advisory
services to the Company Group, all on the terms and subject to the conditions
set forth below.

         2.       Services, etc. (a) CD&R hereby agrees during the term of this
Agreement to assist, advise and consult with the respective Boards of Directors
and management of each member of the Company Group and its subsidiaries in such
manner and on such business, management and financial matters, and provide such
other financial and managerial advisory services (collectively, the "Continuing
Services"), as may be reasonably requested from time to time by the Boards of
Directors of each member of the Company Group, including but not limited to
assistance in:

                  (i)      establishing and maintaining banking, legal and other
                           business relationships for each such member and its
                           subsidiaries;

                  (ii)     developing and implementing corporate and business
                           strategy and planning for each such member and its
                           subsidiaries, including plans and programs for
                           improving operating, marketing and financial
                           performance and budgeting of future corporate
                           investments;

                  (iii)    arranging future debt and equity financings and
                           refinancings; and

                  (iv)     providing professional employees to serve as
                           directors of members of the Company Group.

         (b)      CD&R hereby agrees during the term of this engagement to
provide each member of the Company Group and its subsidiaries financial
advisory, investment banking and other similar services (the "Transaction
Services") with respect to any proposal for an acquisition, merger,
recapitalization or any other similar transaction directly or indirectly
involving such member of the Company Group and its subsidiaries and any other
person or entity (collectively, "Add-on Transactions").

         (c)      Each member of the Company Group will furnish CD&R with such
information as CD&R believes appropriate to its engagement hereunder (all such
information so furnished being referred to herein as the "Information"). Each
member of the Company Group recognizes and confirms that (i) CD&R will use and
rely primarily on the Information and on information available from generally
recognized public sources in performing the services to be performed hereunder
and (ii) CD&R does not assume responsibility for the accuracy or completeness of
the Information and such other information.

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         3.       Compensation; Payment of Expenses.

         (a)      Jafra US, Jafra Distribution (Mexico), and Jafra Mexico,
jointly and severally agree to pay to CD&R, as compensation for Continuing
Services rendered and to be rendered by CD&R hereunder, a fee of $1,000,000 per
year (the "Continuing Services Fee"), one quarter of which shall be payable
quarterly in advance on the first day of each of January, April, July and
October commencing on January 1, 2001. Any Continuing Services Fees due that
have not been paid shall be payable on the date hereof. Such Continuing Services
Fee may be increased with the approval of a majority of the members of the Board
of Directors of Jafra Worldwide, Jafra US, Jafra Distribution (Mexico) and Jafra
Mexico who are not employees of any member of the Company Group, CD&R or any
affiliate of CD&R (the "Disinterested Directors") but may not be decreased
without the prior written consent of CD&R. If any employee of CD&R or of any
CD&R Subsidiary shall be elected to serve on the Board of Directors of any
member of the Company Group or any of their affiliates (a "Designated
Director"), in consideration of the Continuing Services Fee being paid to CD&R,
CD&R shall cause such Designated Director to waive any and all fees to which
such director would otherwise be entitled as a director for any period for which
the Continuing Services Fee or any installment thereof is paid.

         (b)      If an employee of CD&R or of any CD&R Subsidiary is appointed
to an executive management position (or a position of comparable
responsibility), whether in addition to or other than as a Designated Director,
in any member of the Company Group, then for the period of such employee's
service in such position the Continuing Services Fee shall be increased by an
amount to be determined by CD&R, such amount not to exceed 100% of the
Continuing Services Fee in effect at such time.

         (c)      Jafra US, Jafra Distribution (Mexico) and Jafra Mexico jointly
and severally agree to pay to CD&R upon consummation of any Add-on Transaction,
as compensation for Transaction Services rendered by CD&R hereunder with respect
to such Add-on Transaction, a cash fee equal to 1.0% of the Transaction Value of
such Add-on Transaction (the "Add-on Fee"). Payment by the Company Group of an
Add-on Fee in excess of 1.0% of the Transaction Value of the Add-on Transaction
shall require the approval of a majority of the Disinterested Directors,
provided that an Add-on Fee shall not be payable in connection with the sale by
way of merger or otherwise of all or substantially all of the outstanding shares
of capital stock of North Atlantic or the sale of all or substantially all of
the assets of North Atlantic and its subsidiaries. As used herein, the term
"Transaction Value" means the total value of the Add-on Transaction, including,
without limitation, the aggregate amount of the cash funds or other securities
required to complete the Add-on Transaction (excluding any fees payable pursuant
to this Section 3(d)) including the amount of any indebtedness, preferred stock
or similar items assumed, refinanced or left outstanding. For purposes of
calculating the Add-on Fee, the value of any securities included in the
Transaction Value will be determined by the

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average of the last sales prices for such securities on the five trading days
ending five days prior to the consummation of the Add-on Transaction, provided
that if such securities do not have an existing public trading market, the value
of the securities shall be their fair market value as mutually agreed between
the Company Group and CD&R on the day prior to consummation of the Add-on
Transaction.

         (d)      Jafra US, Jafra Distribution (Mexico) and Jafra Mexico jointly
and severally agree to reimburse CD&R for such reasonable travel and other
out-of-pocket expenses ("Expenses") as may be incurred by CD&R and its employees
and agents in the course or on account of rendering any services hereunder,
including but not limited to any fees and expenses of any legal, accounting or
other professional advisors to CD&R engaged in connection with services
previously provided or being provided hereunder and any expenses incurred by any
Designated Director in connection with the performance of his or her duties.
CD&R may submit monthly expense statements, which shall be payable within thirty
days.

         4.       Term, etc. (a) This Agreement shall be in effect until, and
shall terminate upon, the earlier to occur of (x) the tenth anniversary of the
date of the Original Amended and Restated Agreement and (y) the date on which
the CD&R Fund no longer owns any shares of the capital stock of North Atlantic
or any parent or successor company, and may be earlier terminated by either
party hereto upon 30 days' prior written notice to the other party hereto. The
provisions of this Agreement shall survive any termination of this Agreement,
except for the provisions of Section 1, Section 2(a), Section 2(b), the first
sentence of Section 2(c) and (solely as to any portion of any Continuing
Services Fee, any Add-on Fee or any Expense not paid or reimbursed prior to such
termination and not required to be paid or reimbursed thereafter pursuant to
Section 4(c) hereof) Section 3 hereof.

         (b)      Upon any consolidation or merger, or any conveyance, transfer
or lease of all or substantially all of the assets of any member of the Company
Group as an entirety, the successor corporation formed by such consolidation or
into which such member of the Company Group is merged or to which such
conveyance, transfer or lease is made shall succeed to, and be substituted for
such member of the Company Group under this Agreement with the same effect as if
such successor corporation had been a party thereto. No such consolidation,
merger or conveyance, transfer or lease of all or substantially all of the
assets of any member of the Company Group shall have the effect of terminating
this Agreement or of releasing any member of the Company Group or any such
successor corporation from its obligations hereunder (other than, with respect
to CDRJ, its liquidation under the laws of Luxembourg following approval of its
shareholders on the date hereof).

         (c)      Upon any termination of this Agreement, any accrued and unpaid
installment of the Continuing Services Fee or portion thereof (pro rated, with
respect to

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the month in which such termination occurs, for the portion of such month that
precedes such termination), any accrued and unpaid Add-on Fee or portion thereof
and any unpaid and unreimbursed Expenses that shall have been incurred prior to
such termination (whether or not such Expenses shall then have become payable),
shall be immediately paid or reimbursed, as the case may be, by Jafra US, Jafra
Distribution (Mexico) or Jafra Mexico. In the event of the liquidation of any
member of the Company Group, all amounts due CD&R hereunder shall be paid to
CD&R before any liquidating distributions or similar payments are made to
stockholders of such member of the Company Group.

         5.       Indemnification. (a) Each of CDRJ, North Atlantic, Jafra
Worldwide, Jafra US, Jafra Mexico and Jafra Distribution (Mexico) confirms and
reaffirms its obligations pursuant to the Indemnification Agreement. Without
limiting the generality of the foregoing, each of CDRJ, North Atlantic, Jafra
Worldwide, Jafra US, Jafra Mexico and Jafra Distribution (Mexico) confirms and
agrees that (i) it shall indemnify, defend and hold harmless each Indemnitee
from and against any and all Obligations, in each case whether incurred, arising
or existing with respect to third parties or otherwise at any time or from time
to time, in any way resulting from, arising out of or in connection with, based
upon or relating to, the performance of the services contemplated hereby or by
the Original Amended and Restated Agreement, except to the extent that any such
Obligation is found in a final judgment by a court having jurisdiction to have
resulted from the gross negligence or intentional misconduct of CD&R, (ii) no
Indemnitee shall have any liability (whether direct or indirect, in contract or
tort or otherwise) to a member of the Company Group or their respective security
holders or creditors with respect to any Obligation in any way resulting from,
arising out of or in connection with, based upon or relating to, the performance
of the services contemplated hereby, except to the extent that any such
Obligation is found in a final judgment by a court having jurisdiction to have
resulted from the gross negligence or intentional misconduct of CD&R, and (iii)
the rights of each Indemnitee to be indemnified under any agreement, document,
certificate or instrument or applicable law are independent of and in addition
to any rights of such Indemnitee under any other agreement, document,
certificate or instrument or applicable law.

         (b)      Jafra US, Jafra Distribution (Mexico) and Jafra Mexico hereby
agree to advance costs and expenses, including attorneys' fees, incurred by CD&R
(acting on its own behalf or, if requested by any such Indemnitee other than
itself, on behalf of such Indemnitee) or any Indemnitee in defending any claim
relating to any Obligation in advance of the final disposition of such claim
within 30 days of receipt from CD&R of (i) a notice setting forth the amount of
such costs and expenses (a "Payment Notice") and (ii) an undertaking by or on
behalf of CD&R or such Indemnitee to repay amounts so advanced if it shall
ultimately be determined that CD&R or such Indemnitee is not entitled to be
indemnified by the Company as authorized by this Agreement. CD&R may submit
Payment Notices to the Company monthly.

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         (c)      Jafra Worldwide hereby agrees to assume and to perform all
obligations of CDRJ under this Agreement and the Original Amended and Restated
Agreement following the liquidation of CDRJ as if such obligations were its own.

         6.       Independent Contractor Status. The parties agree that CD&R
shall perform services hereunder as an independent contractor, retaining control
over and responsibility for its own operations and personnel. Neither CD&R nor
any of its employees or agents shall, solely by virtue of this Agreement or the
arrangements hereunder, be considered employees or agents of any member of the
Company Group nor shall any of them have authority to contract in the name of a
member of or bind any member of the Company Group, except (a) to the extent that
any professional employee of CD&R or CD&R Subsidiary may be serving as a
director of a member of the Company Group pursuant to Section 2(a)(iv) hereof or
as an officer of a member of the Company Group pursuant to Section 3(c) hereof
or (b) as expressly agreed to in writing by a member of the Company Group. Each
member of the Company Group hereby acknowledges and agrees that any agreements,
arrangements or understandings entered into by CD&R on behalf of any member of
the Company Group prior to the date hereof in connection with the Acquisition
(including, but not limited to, any confidentiality agreements, agreements with
brokers or finders and any arrangements relating to the financing of the
Acquisition) shall be obligations of the members of the Company Group binding on
them to the same extent as such obligations may be binding on CD&R, and the
Company Group shall fully perform, and shall indemnify and hold harmless CD&R
from and against, all such obligations. Any duties of CD&R arising out of its
engagement to perform services hereunder shall be owed solely to the Company
Group.

         7.       Notices. Any notice or other communication required or
permitted to be given or made under this Agreement by one party to the other
parties shall be in writing and shall be deemed to have been duly given and
effective (i) on the date of delivery if delivered personally or (ii) when sent
if sent by prepaid telegram, or mailed first-class, postage prepaid, registered
or certified mail, or facsimile transmission as follows (or to such other
address as shall be given in writing by one party to the other parties in
accordance herewith):

         If to CDRJ, North Atlantic, Jafra Worldwide, Jafra US, Jafra
Distribution (Mexico) or Jafra Mexico to:

                           Jafra Cosmetics International, Inc.
                           2451 Towngate Road
                           Westlake Village, California 91361
                           Telephone: (805) 449-3000
                           Facsimile: (805) 449-3256

                           Attention: Ralph S. Mason, III, Esq.

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                  If to CD&R, to:

                           Clayton, Dubilier & Rice, Inc.
                           375 Park Avenue, 18th Floor
                           New York, New York 10152
                           Telephone: (212) 407-5200
                           Facsimile: (212) 407-5252

                           Attention: Donald J. Gogel

                  With a copy to:

                           Debevoise & Plimpton
                           919 Third Avenue
                           New York, New York 10022
                           Telephone: (212) 909-6000
                           Facsimile: (212) 909-6836

                           Attention: Paul S. Bird, Esq.

         8.       Entire Agreement. This Agreement, together with the
Indemnification Agreement, (a) contains the complete and entire understanding
and agreement of CD&R and each member of the Company Group with respect to the
subject matter hereof and (b) supersedes all prior and contemporaneous
understandings, conditions and agreements, oral or written, express or implied,
in respect of the subject matter hereof, including but not limited to in respect
of the engagement of CD&R in connection with the subject matter hereof. There
are no representations or warranties of CD&R in connection with this Agreement
or the services to be provided hereunder, except as expressly made and contained
in this Agreement.

         9.       Headings. The headings contained in this Agreement are for
purposes of convenience only and shall not affect the meaning or interpretation
of this Agreement.

         10.      Counterparts. This Agreement may be executed in several
counterparts, each of which shall be deemed an original and all of which shall
together constitute one and the same instrument.

         11.      Binding Effect; Assignment. This Agreement shall be binding
upon and inure to the benefit of the parties to this Agreement and their
respective successors and assigns and to each Indemnitee, provided that none of
CD&R or any member of the Company Group may assign any of its rights or
obligations under this Agreement without the express written consent of the
other party hereto. This Agreement is not intended to confer any right or remedy
hereunder upon any person other than the parties to this Agreement and their
respective successors and permitted assigns and each Indemnitee.

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         12.      Governing Law. This Agreement shall be deemed to be a contract
made under, and is to be governed and construed in accordance with, the laws of
the State of New York, without regard to the conflict of laws principles or
rules thereof. Each member of the Company Group and CD&R hereby irrevocably
submit to the jurisdiction of the courts of the State of New York and the
Federal courts of the United States of America, in each case located in the
State, City and County of New York, solely in respect of the interpretation and
enforcement of the provisions of this Agreement, and hereby waive, and agree not
to assert, as a defense in any action, suit or proceeding for the interpretation
or enforcement hereof, that it is not subject thereto or that such action, suit
or proceeding may not be brought or is not maintainable in such courts or that
the venue thereof may not be appropriate or that this Agreement may not enforced
in or by such courts, and the parties hereto irrevocably agree that all claims
with respect to such action or proceeding shall be heard and determined in such
a New York State or Federal court. Each member of the Company Group and CD&R
hereby consent to and grant any such court jurisdiction over the person of such
parties and over the subject matter of any such dispute and agree that mailing
of process or other papers in connection with any such action or proceeding in
the manner provided in Section 7, or in such other manner as may be permitted by
law, shall be valid and sufficient service thereof.

         13.      Waiver of Jury Trial. Each party hereto acknowledges and
agrees that any controversy that may arise under this Agreement is likely to
involve complicated and difficult issues, and therefore it hereby irrevocably
and unconditionally waives any right it may have to a trial by jury in respect
of any litigation directly or indirectly arising out of or relating to this
Agreement, or the breach, termination or validity of this Agreement, or the
transactions contemplated by this Agreement. Each party certifies and
acknowledges that (a) no representative, agent or attorney of any other party
has represented, expressly or otherwise, that such other party would not, in the
event of litigation, seek to enforce the foregoing waiver, (b) it understands
and has considered the implications of this waiver, (c) it makes this waiver
voluntarily, and (d) it has been induced to enter into this Agreement by, among
other things, the mutual waivers and certifications contained in this Section
13.

         14.      Amendment; Waivers. No amendment, modification, supplement or
discharge of this Agreement, and no waiver hereunder, shall be valid or binding
unless set forth in writing and duly executed by the party or Indemnitee against
whom enforcement of the amendment, modification, supplement, discharge or waiver
is sought (and in the case of a member of the Company Group, approved by
resolution of the Board of Directors or the sole stockholder of such member of
the Company Group). Any such waiver shall constitute a waiver only with respect
to the specific matter described in such writing and shall in no way impair the
rights of the party or Indemnitee granting such waiver in any other respect or
at any other time. Neither the waiver by any of the parties hereto or any
Indemnitee of a breach of or a default under any of the provisions of this
Agreement, nor the failure by any party hereto or any Indemnitee on one or more

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occasions, to enforce any of the provisions of this Agreement or to exercise any
right, powers or privilege hereunder, shall be construed as a waiver of any
other breach or default of a similar nature, or as a waiver of any of such
provisions, rights, power or privileges hereunder. The rights and remedies
herein provided are cumulative and are not exclusive of any rights or remedies
that any party or Indemnitee may otherwise have at law or in equity or
otherwise.

         [The remainder of this page has been left blank intentionally.]

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         IN WITNESS WHEREOF, the parties have duly executed this Agreement as of
the date first above written.

                                    CLAYTON, DUBILIER & RICE, INC.

                                    By: /s/ Theresa A. Gore
                                        ----------------------------------------
                                        Name: Theresa A. Gore
                                        Title: Vice President, Treasurer, and
                                               Assistant Secretary

                                    CDRJ INVESTMENTS (LUX) S.A.

                                    By: /s/ Ralph S. Mason, III
                                        ----------------------------------------
                                        Name: Ralph S. Mason, III
                                        Title: Fonde de pouvoir

                                    CDRJ NORTH ATLANTIC (LUX) S.aR.L.

                                    By: /s/ Ralph S. Mason, III
                                        ----------------------------------------
                                        Name: Ralph S. Mason, III
                                        Title: Fonde de pouvoir

                                    JAFRA WORLDWIDE HOLDINGS (LUX)
                                    S.aR.L.

                                    By: /s/ Ralph S. Mason, III
                                        ----------------------------------------
                                        Name: Ralph S. Mason, III
                                        Title: Executive Vice President

                                    JAFRA COSMETICS INTERNATIONAL, INC.

                                    By: /s/ Ralph S. Mason, III
                                        ----------------------------------------
                                        Name: Ralph S. Mason, III
                                        Title: Vice Chairman

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                                    JAFRA COSMETICS INTERNATIONAL, S.A. de
                                    C.V.

                                    By: /s/ Ralph S. Mason, III
                                        ----------------------------------------
                                        Name: Ralph S. Mason, III
                                        Title: Assistant Secretary

                                    DISTRIBUIDORA COMERCIAL JAFRA, S.A. de
                                    C.V.

                                    By: /s/ Ralph S. Mason, III
                                        ----------------------------------------
                                        Name: Ralph S. Mason, III
                                        Title: Assistant Secretary

                                       11<PAGE>

                                                                   EXHIBIT 10.25

================================================================================

                            STOCK PURCHASE AGREEMENT

                                      among

                   DISTRIBUIDORA COMERCIAL JAFRA, S.A. DE C.V.

                                       and

                    CDRJ LATIN AMERICA HOLDING COMPANY B.V.,
                         LATIN COSMETICS HOLDINGS B.V.,
                        REGIONAL COSMETICS HOLDING B.V.,
                      SOUTHERN COSMETICS HOLDINGS B.V., and
                        CDRJ MEXICO HOLDING COMPANY B.V.

                                       and

                   JAFRA COSMETICS INTERNATIONAL S.A. de C.V.

                            Dated as of May 20, 2003

================================================================================

<PAGE>

         STOCK PURCHASE AGREEMENT, dated as of May 20, 2003 (the "Agreement")
entered into by and among CDRJ Latin America Holding Company B.V., Latin
Cosmetics Holdings B.V., Regional Cosmetics Holding B.V., Southern Cosmetics
Holdings B.V. and CDRJ Mexico Holding Company B.V., each a Netherlands besloten
vennootschap met beperkte aansprakelijkheid (each a "Mexican Parent" or "Seller"
and, collectively, the "Sellers"), Distribuidora Comercial Jafra, S.A. de C.V.,
a Mexican sociedad anonima de capital variable (the "Purchaser") and Jafra
Cosmetics International, S.A. de C.V., a Mexican sociedad anonima de capital
variable (the "Issuer").

         WHEREAS, each Seller owns the Series C preferred dividend shares of the
capital stock of the Issuer set forth opposite such Seller's name on Appendix I
hereto under the heading "Preferred Stock" (the "Shares"); and

         WHEREAS, the Sellers wish to sell the Shares to the Purchaser, and the
Purchaser wishes to purchase the Shares from the Sellers, on the terms and
conditions and for the consideration described in this Agreement;

         NOW, THEREFORE, in consideration of the mutual promises, covenants,
representations and warranties made herein and of the mutual benefits to be
derived herefrom, the parties hereto agree as follows:

1        Representations and Warranties.

1.1      Representations and Warranties of the Sellers.

         Each of the Sellers as to itself, severally and no jointly, with any
other Seller, hereby represents and warrants to the Purchaser as follows:

                  (a)      Such Seller is a corporation duly organized and
validly existing under the laws of the Netherlands;

                  (b)      Such Seller owns the Shares set forth opposite such
Seller's name under the caption "Number of Shares" on Appendix I hereto and that
upon the delivery of and payment for the Shares at the Closing as provided for
in this Agreement, the Purchaser will acquire good and valid title to the Shares
free and clear of any and all liens, encumbrances, ownership limitations or
security interests of any kind ("Liens");

                  (c)      Such Seller has the necessary power and authority to
execute and deliver this Agreement and to sell, assign, transfer and deliver to
the Purchaser, pursuant to the terms and conditions of this Agreement, the
Shares;

                  (d)      The execution and delivery of this Agreement, the
performance of such Seller's obligations hereunder, and the consummation of the
transactions

<PAGE>

contemplated hereby, have been duly authorized by all requisite corporate action
of such Seller;

                  (e)      The person executing this Agreement on such Seller's
behalf, has sufficient authority to do so, authority which has not been revoked
or otherwise modified; and

                  (f)      No governmental or other approval, consent,
authorization, registration or filing is required in connection with the
entering into this Agreement, the sale of the Shares as herein contemplated or
the holding of the Shares by the Purchaser.

1.2      Representations and Warranties of the Purchaser.

           The Purchaser hereby represents and warrants to each of the Sellers
and the Issuer as follows:

                  (a)      The Purchaser is a corporation duly organized and
validly existing under the laws of the United Mexican States ("Mexico") and has
the necessary power and authority to execute and deliver this Agreement;

                  (b)      The execution and delivery of this Agreement, the
performance of the Purchaser's obligations hereunder, and the consummation of
the transactions contemplated hereby, have been duly authorized by all requisite
corporate action of the Purchaser; and

                  (c)      The person executing this Agreement on the
Purchaser's behalf, has sufficient authority to do so, authority which has not
been revoked or otherwise modified.

1.3      Representations and Warranties of the Issuer.

           The Issuer hereby represents and warrants to the Purchaser as
follows:

                  (a)      The Issuer is a corporation duly organized and
validly existing under the laws of Mexico;

                  (b)      In accordance with the Issuer's stock registry book,
the Sellers are the owners of the Shares;

                  (c)      The Shares are validly issued, fully-paid and
non-assessable and free and clear of any and all Liens and there are no
outstanding options, warrants or rights to purchase or acquire (including rights
of first refusal and preemptive rights), or agreements relating to, the Shares;

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                  (d)      The Issuer has the necessary power and authority to
execute and deliver this Agreement;

                  (e)      The execution and delivery of this Agreement, the
performance of the Issuer's obligations hereunder, and the consummation of the
transactions contemplated hereby, have been duly authorized by all requisite
corporate action of the Issuer;

                  (f)      The person executing this Agreement on the Issuer's
behalf, has sufficient authority to do so, authority which has not been revoked
or otherwise modified;

                  (g)      No governmental or other approval, authorization or
filing is required in connection with the entering into this Agreement, the sale
of the Shares as herein contemplated or the holding of the Shares by the
Purchaser;

                  (h)      All material approvals and filings, of any nature,
necessary for the Issuer to engage in the business in which it engages have been
obtained and are in full force and effect;

                  (i)      The Issuer has no material liabilities (including
contingent liabilities) that may, as of the date hereof, affect the Issuer, its
business or its financial condition;

                  (j)      The Issuer (1) has filed or, within the time and in
the manner prescribed by law, will file all tax returns, reports or other
documents required to be filed with any governmental authority in connection
with the determination, assessment or collection of any tax, including, without
limiting the generality of the foregoing, all net income, gross income, payroll,
withholding, unemployment insurance, social security, sales, use, value added,
real and personal property, stamp, transfer, ad valorem and other taxes or
charges of any kind whatsoever, and (2) has timely paid all taxes that are shown
to be due and payable on such tax returns or has established reserves that are
adequate therefor; and

                  (k)      No material deficiencies, assessments or audit
adjustments have been proposed, assessed or asserted in writing against the
Issuer with regard to any taxes.

2        Sale and Purchase of the Shares.

2.1      Purchase and Sale of Shares.

                  (a)      Subject to the terms and conditions herein contained,
each of the Sellers hereby agrees to sell the Shares to the Purchaser and the
Purchaser hereby agrees to purchase the Shares from the Sellers for an aggregate
purchase price of $116,270,000 (the "Aggregate Purchase Price"), payable in cash
at the Closing (as defined below) in the manner set forth in Section 2.2.

                                       3

<PAGE>

2.2      Closing. The closing of the sale and purchase of the Shares (the
         "Closing") shall take place at the offices of Debevoise & Plimpton, 919
         Third Avenue, New York, New York, at 10:00 a.m. on May 20, 2003 unless
         the parties otherwise agree (the "Closing Date"). At the Closing:

                  (a)      Each Seller shall endorsee and deliver to the
Purchaser original certificates evidencing the Shares set forth opposite the
applicable Seller's name on Appendix I under the caption the "Preferred Stock";

                  (b)      The Purchaser shall pay the to each of the Sellers
the applicable portion of the Aggregate Purchase Price set forth opposite such
Seller's name on Appendix I under the caption "Applicable Purchase Price" (with
respect to any Seller, the "Applicable Purchase Price"), in full payment in
consideration for acquiring title to the Shares, by transferring the Applicable
Purchase Price to the account specified by each of the Sellers in writing;

                  (c)      Each of the Sellers shall provide the Purchaser with
a receipt, evidencing payment of the Applicable Purchase Price; and

                  (d)      The Issuer shall make a notation on the stock
registry of the Issuer that all of the Shares have been endorsed in ownership
and delivered by each of the Sellers to the Purchaser and the Issuer shall
provide evidence of such notation to the Purchaser.

3        Conditions to Closing. The obligation of the Purchaser to purchase the
         Shares under this Agreement, is subject to the satisfaction of the
         following conditions, which must occur prior to the Closing Date:

           (A)      all of the representations and warranties of the Sellers and
                    the Issuer contained herein being true and correct in all
                    material respects as of the date hereof and as of the
                    Closing Date (as if made on and as of such time); and

           (B)      the Issuer shall have delivered to the Purchaser copies,
                    certified by the secretary of the Issuer, of the Issuer's
                    estatutos sociales, as amended to the Closing Date;

4        Taxes; Indemnification.

4.1      Taxes. The Sellers shall pay any and all taxes related to the sale of
         the Shares contemplated herein as contemplated by applicable law, and
         each of the Sellers hereby agrees to indemnify and hold the Purchaser
         harmless from any and all taxes, of any nature (including any
         liabilities, costs and expenses related thereto), assessed

                                       4

<PAGE>

         on, claimed from or to be paid by, the Purchaser in connection with the
         transactions herein contemplated which are not legally required to be
         paid by the Purchaser.

4.2      Indemnification. The Sellers hereby agree to indemnify and hold the
         Purchaser and any of its officers, directors, employees and agents
         harmless from and against any losses, expenses, damages or any other
         amount that may result from any third party claim related to the Shares
         or from the inaccuracy or falseness of any representation and warranty
         of the Sellers made or deemed to be made herein.

5        Termination.

5.1      Termination.

                  (a)      This Agreement shall terminate on the first
anniversary hereof in the event that the conditions to closing specified in
Section 3 hereof have not been satisfied at such time or have not been waived by
the Purchaser.

                  (b)      This Agreement may also be terminated pursuant to the
unanimous written consent of the parties hereto.

5.2      Effect of Termination. In the event of the termination of this
         Agreement pursuant to the provisions of Section 5.1, this Agreement
         shall become void and have no further effect, without any liability to
         any party hereto in respect of the transactions contemplated hereby on
         the part of any party hereto, or any of its directors, officers,
         representatives, stockholders or affiliates, except for any liability
         resulting from such party's breach of this Agreement.

6        Miscellaneous.

6.1      Notices. All notices and, in general, all communications pursuant to
         this Agreement, shall be made in writing and shall be considered duly
         made and effective, the Business Day (as defined herein) following the
         date on which such communications shall have been received by the
         corresponding party. "Business Day" means a day other than Saturday,
         Sunday or other day on which commercial banks in Mexico are authorized
         to close. Notices made as provided in this Clause may be personally
         delivered or transmitted by fax, telegram, courier or certified mail,
         return receipt requested, addressed to the corresponding party, to the
         following domiciles or to any future domicile notified in writing by
         the relevant party to the others at least ten (10) Business Days in
         advance:

                                       5

<PAGE>

         The Sellers:

         c/o Jafra Worldwide Holdings (Lux) S.ar.l.
         174, Route de Longwy
         L-1940
         Luxembourg

         The Purchaser:

         Blvd. Adolfo Lopez Mateos, 515
         Col. Tlacopac
         Mexico, D.F. 01040

6.2      Amendments. Any provision of this Agreement may be amended with the
         prior written consent of each of the parties hereto.

6.3      Governing Law; Jurisdiction. This Agreement shall be governed by and
         construed in accordance with the laws of Mexico. In connection with any
         action or proceeding arising out of this Agreement, each of the parties
         hereto submits to the jurisdiction of the courts sitting in Mexico,
         Federal District, United Mexican States, hereby waiving any other forum
         to which they might be entitled on account of place of residence,
         domicile or otherwise.

6.4      Counterparts. This Agreement and any amendments hereto may be executed
         in several counterparts, each of which shall be considered to be an
         original, but all of which together shall constitute the same
         instrument.

6.5      Effect of Headings. The section headings herein are for convenience
         only and shall not affect the meaning or interpretation of this
         Agreement.

                                       6

<PAGE>

         IN WITNESS WHEREOF, the parties have caused this Agreement to be
executed as of the date first above written.

                                         The SELLERS

                                              CDRJ LATIN AMERICA HOLDING
                                                COMPANY B.V.
                                                By: JAFRA WORLDWIDE (LUX)
                                                    HOLDINGS S.aR.L.,
                                                    its sole manager

                                              By: /s/ Ralph S. Mason, III
                                                  --------------------------
                                                  Name:  Ralph S. Mason, III
                                                  Title: Fonde de pouvoir

                                              LATIN COSMETICS HOLDINGS B.V.
                                                By: JAFRA WORLDWIDE (LUX)
                                                    HOLDINGS S.aR.L.,
                                                    its sole manager

                                              By: /s/ Ralph S. Mason, III
                                                  --------------------------
                                                  Name:  Ralph S. Mason, III
                                                  Title: Fonde de pouvoir

                                              REGIONAL COSMETICS HOLDING B.V.
                                                By: JAFRA WORLDWIDE (LUX)
                                                    HOLDINGS S.aR.L.,
                                                    its sole manager

                                              By: /s/ Ralph S. Mason, III
                                                  --------------------------
                                                  Name:  Ralph S. Mason, III
                                                  Title: Fonde de pouvoir

                                       7

<PAGE>

                                                  SOUTHERN COSMETICS HOLDINGS
                                                    B.V.
                                                    By: JAFRA WORLDWIDE (LUX)
                                                        HOLDINGS S.aR.L.,
                                                        its sole manager

                                                  By: /s/ Ralph S. Mason, III
                                                      --------------------------
                                                      Name:  Ralph S. Mason, III
                                                      Title: Fonde de pouvoir

                                                  CDRJ MEXICO HOLDING COMPANY
                                                    B.V.
                                                    By: JAFRA WORLDWIDE (LUX)
                                                        HOLDINGS S.aR.L.,
                                                        its sole manager

                                                  By: /s/ Ralph S. Mason, III
                                                      --------------------------
                                                      Name:  Ralph S. Mason, III
                                                      Title: Fonde de pouvoir

                                       8

<PAGE>

                                   The PURCHASER

                                       DISTRIBUIDORA COMERCIAL JAFRA,
                                         S.A. de C.V.

                                       By: /s/ Eugenio Lopez Barrios
                                           -------------------------------------
                                           Name:  Eugenio Lopez Barrios
                                           Title: Attorney-in-fact

                                   The ISSUER

                                       JAFRA COSMETICS INTERNATIONAL,
                                         S.A. de C.V.

                                       By: /s/ Elia Zulema Velazquez Valencia
                                           -------------------------------------
                                           Name:  Elia Zulema Velazquez Valencia
                                           Title: Attorney-in-fact

                                       9

<PAGE>

                                   Appendix I

<TABLE>
<CAPTION>
         SELLER                                               PREFERRED STOCK            APPLICABLE PURCHASE PRICE
         ------                                               ---------------            -------------------------
<S>                                                           <C>                        <C>
CDRJ Latin America Holding                                         2,618                      $ 26,180,000
   Company B.V.

Latin Cosmetics Holdings B.V.                                      2,387                      $ 23,870,000

Regional Cosmetics Holding B.V.                                    2,310                      $ 23,100,000

Southern Cosmetics Holdings B.V.                                   2,233                      $ 22,330,000

CDRJ Mexico Holding Company B.V.                                   2,079                      $ 20,790,000
                                                                  ------                      ------------
                          Total                                   11,627                      $116,270,000
</TABLE>

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