Document:

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                                                                   EXHIBIT 10.42

              CONFIDENTIAL GENERAL RELEASE AND SEPARATION AGREEMENT

        THIS CONFIDENTIAL GENERAL RELEASE AND SEPARATION AGREEMENT (hereinafter
"Agreement") is made and entered into this 2nd day of March, 2004 by and between
CDRJ Investments (Lux) SA, a Luxembourg company, CDRJ North Atlantic (Lux)
S.ar.l., a Luxembourg societe a responsabilite limitee, Jafra Worldwide Holdings
(Lux) S.ar.l., a Luxembourg societe a responsabilite limitee, and Jafra
Cosmetics International, Inc., a Delaware corporation (the "Employer")(such
entities, together with any successors thereto, collectively, the "Company"),
and Jaime Lopez Guirao ("Executive", and together with the Company, hereinafter
the "Parties").

                              -W-I-T-N-E-S-S-E-T-H-

        WHEREAS, CDRJ Investments (Lux) SA, the Employer and the Executive have
previously entered into an Employment Agreement, (the "Employment Agreement")
dated as of June 1, 1998, pursuant to which the Employer employed Executive as
President; Global Operations;

        WHEREAS, in connection with a restructuring of CDRJ Investments (Lux) SA
and its subsidiaries, Jafra Worldwide Holdings (Lux) S.ar.l. assumed all of the
obligations of CDRJ Investments (Lux) SA under the Employment Agreement;

        WHEREAS, the Employer has determined it is in the best interests of the
Company to terminate the Executive's employment "Without Cause" (as defined in
the Employment Agreement), effective as of March 6, 2004 (the "Termination
Date").

        IN CONSIDERATION THEREOF, the Company desires to settle, conclude and
obtain the final release of all possible matters and claims which Executive has
now or may have in the future, whether known or unknown against the Company,
each of their respective direct or indirect subsidiaries, and each of their
affiliates.

        NOW THEREFORE, in consideration of the termination benefits provided for
in Section 7 of the Employment Agreement and the other payments and benefits
provided for herein which the parties acknowledge and agree are as set forth on
Annex A attached hereto (collectively, the "Termination Benefits"), the premises
and promises herein contained, and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, IT IS AGREED AS
FOLLOWS:

        1. Effective as of the Termination Date, the Executive's employment
with, and as an officer of, the Company and each of its subsidiaries and
affiliates is terminated in all respects.

        2. As consideration for entering into this Agreement and subject to the
Executive's compliance with the terms of this Agreement, his Employment
Agreement and any other Agreement with the Company or any of its affiliates by
which he is or may be bound (including, but not limited to at all times
hereafter, Section 8 ("Unauthorized Disclosure"), Section 9 ("Non-Competition"),
Section 10 ("Non-Solicitation of Employees"), Section 11 ("Non-Solicitation of
Customers"), Section 12 ("Return of Documents") and Section 13 ("Injunctive
Relief") of the

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Employment Agreement, the Company shall provide to the Executive the Termination
Benefits set forth on Annex A hereto (in accordance with the terms and
conditions of the Employment Agreement where applicable). Notwithstanding the
foregoing, the Company shall not be required to provide the Termination Benefits
if the Executive revokes this Agreement in accordance with paragraph 7 hereof.
For the avoidance of doubt, in the event of the death of the Executive during
the two year period commencing on the Termination Date (the "Severance Period"),
the Company shall continue to provide the Termination Benefits set forth on
Annex A hereto to the Executive's estate, beneficiaries or legal representative
as if the Executive had survived for the entire Severance Period.

        3. IN RETURN FOR THE RECEIPT OF SUCH TERMINATION BENEFITS, EXECUTIVE ON
HIS OWN BEHALF AND ON BEHALF OF EACH OF HIS AGENTS, REPRESENTATIVES, ASSIGNS,
HEIRS, EXECUTORS AND ADMINISTRATORS, DOES HEREBY FULLY AND GENERALLY RELEASE,
SETTLE, CANCEL, DISCHARGE AND ACKNOWLEDGE TO BE FULLY SATISFIED, AND COVENANT
NOT TO SUE ANY RELEASEE (AS DEFINED BELOW) IN RESPECT OF, ANY AND ALL CLAIMS,
CONTRACTUAL OR OTHERWISE, DEMANDS, COSTS, RIGHTS, CAUSES OF ACTION, CHARGES,
COMPLAINTS, LOSSES, DAMAGES AND ALL LIABILITY OF WHATEVER KIND AND NATURE,
WHETHER KNOWN OR UNKNOWN, WHICH HE MAY HAVE AT THE TIME OF SIGNING THIS
AGREEMENT, OR HAD AT ANY TIME PRIOR THERETO, AGAINST ANY OF THE COMPANY, ANY
SUBSIDIARY OR AFFILIATE OF THE COMPANY, ANY SUCCESSOR OR ASSIGN OF ANY SUCH
ENTITY OR ANY OF THEIR RESPECTIVE EMPLOYEES, DIRECTORS, OFFICERS, AGENTS OR
OTHER REPRESENTATIVES (COLLECTIVELY, THE "RELEASEES") WHICH MAY IN ANY WAY BE
CONNECTED WITH OR RELATED TO EXECUTIVE'S EMPLOYMENT WITH THE COMPANY OR THE
SEVERING OR PERMANENT DISCONTINUANCE OF THAT EMPLOYMENT (COLLECTIVELY, THE
"CLAIMS"), OTHER THAN THE EXCLUDED CLAIMS (AS DEFINED BELOW). THIS RELEASE
SPECIFICALLY INCLUDES CLAIMS IN RESPECT OF ALL PERSONAL INJURIES AND
CONSEQUENCES THEREOF, INCLUDING DEATH AND PAIN AND SUFFERING, AND ANY INJURIES
WHICH MAY NOW EXIST BUT WHICH, AT THIS TIME, ARE UNKNOWN, UNKNOWABLE, OR
UNANTICIPATED, OR WHICH MAY OR MAY NOT DEVELOP FURTHER AT SOME TIME IN THE
FUTURE, AND ALL POTENTIAL CLAIMS CONCERNING ANY UNFORESEEABLE OR UNANTICIPATED
FURTHER DEVELOPMENT OR CONSEQUENCES OF KNOWN INJURIES, OTHER THAN THE EXCLUDED
CLAIMS.

        WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, IT IS EXPRESSLY AGREED
AND UNDERSTOOD THAT THIS RELEASE INCLUDES, BUT IS NOT LIMITED TO, ANY CLAIM
BEFORE ANY COURT, GOVERNMENT AGENCY OR IN ANY OTHER FORUM, INCLUDING BUT NOT
LIMITED TO, CLAIMS UNDER TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, AS AMENDED,
42 U.S.C. SECTION 621 ET SEQ. (AGE DISCRIMINATION), THE NATIONAL LABOR RELATIONS
ACT, AS AMENDED, 29 U.S.C., SECTION 141 ET SEQ. (UNION AND COLLECTIVE ACTIVITY),
THE EQUAL PAY ACT OF 1963, 29 U.S.C. SECTION 201 ET SEQ. (EQUAL PAY), THE
AMERICANS WITH DISABILITIES ACT, 42 U.S.C. SECTION 12101 (DISABILITY
DISCRIMINATION), THE REHABILITATION ACT OF 1973, 29 U.S.C. SECTION 701
(DISABILITY DISCRIMINATION), THE CIVIL RIGHTS ACTS OF 1866 AND 1871, AS AMENDED,
29 U.S.C. SECTION 1981 ET SEQ. (CIVIL RIGHTS), THE CONSOLIDATED OMNIBUS BUDGET
RECONCILIATION ACT OF 1985, AS AMENDED, (COBRA-GROUP HEALTH INSURANCE), THE
EMPLOYEE RETIREMENT AND INCOME SECURITY ACT, AS AMENDED, 29 U.S.C. SECTION 1001
ET SEQ. (EMPLOYEE BENEFITS), THE FAIR LABOR STANDARDS ACT, AS AMENDED, 29 U.S.C.
SECTION 201 ET SEQ. (MINIMUM WAGE, OVERTIME PAY AND WORKING HOURS), THE FAMILY
MEDICAL LEAVE ACT OF 1993, AS AMENDED, 42 U.S.C. SECTION 2601 ET SEQ. (LEAVES OF
ABSENCE), ACTION FOR RACE, COLOR, RELIGION, AGE, SEX, NATIONAL ORIGIN AND
HANDICAP DISCRIMINATION OR FOR WORK-RELATED INJURIES OR PAYMENT OF WAGES ARISING
UNDER STATE LAW, FOR WRONGFUL DISCHARGE BASED UPON AN IMPLIED CONTRACT OR PUBLIC

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POLICY, AND ANY OTHER FEDERAL, STATE OR LOCAL STATUTE, PUBLIC POLICY, ORDER,
REGULATION, TORT OR CONTRACT CLAIM, IN EACH CASE, OTHER THAN THE EXCLUDED
CLAIMS.

        FOR PURPOSES OF THIS AGREEMENT, THE TERM "EXCLUDED CLAIMS" MEANS CLAIMS
BROUGHT UNDER OR TO ENFORCE THE TERMS OF THIS AGREEMENT. FOR THE AVOIDANCE OF
DOUBT, THIS AGREEMENT IS NOT INTENDED TO GOVERN MATTERS RELATING TO SHARES OR
STOCK OPTIONS OF THE COMPANY OR ANY OF ITS AFFILIATES PURCHASED BY OR GRANTED TO
THE EXECUTIVE, WHICH SHALL BE GOVERNED BY THE TERMS OF THE PLANS AND/OR
AGREEMENTS UNDER WHICH SUCH SHARES OR STOCK OPTIONS WERE PURCHASED OR GRANTED.

        4. Executive understands, agrees and acknowledges that this Agreement is
intended to include in its effect, without limitation, claims and causes of
action which he does not know of or suspect to exist in his favor at the time of
executing this Agreement, and that this Agreement contemplates extinguishment of
all such claims and causes of action.

        5. For the avoidance of doubt, the Parties agree that Section 16 of the
Employment Agreement ("Indemnification"), pursuant to which the Employer has
agreed to provide certain indemnification benefits to the Executive in
accordance with the terms and conditions set forth therein, shall remain in full
force and effect for the Severance Period and shall be incorporated by reference
herein and made a part hereof.

        6. Executive understands, agrees and acknowledges that by signing this
Agreement he is not relying on any representation, promise or statement, either
oral or written, not contained in this Agreement.

        7. Executive understands, agrees and acknowledges that:

                (a) he has been encouraged by representatives of the Company to
        have this Agreement reviewed by legal counsel of his own choosing and
        that he has been given ample time to do so prior to signing it;

                (b) he has had the opportunity to negotiate concerning the terms
        of this Agreement;

                (c) HE HAS BEEN PROVIDED THE OPPORTUNITY TO TAKE UP TO
        TWENTY-ONE (21) DAYS TO CONSIDER THIS AGREEMENT;

                (d) HE SHALL HAVE THE RIGHT TO REVOKE THIS AGREEMENT WITHIN
        SEVEN (7) DAYS FOLLOWING THE DATE HE EXECUTES THIS AGREEMENT. ANY
        REVOCATION OF THIS AGREEMENT MUST BE IN WRITING AND RECEIVED BY THE
        COMPANY WITHIN TEN (10) DAYS OF THE EXECUTION OF THIS AGREEMENT BY
        CERTIFIED MAIL ADDRESSED TO MR. RALPH S. MASON, III, 2451 TOWNSGATE
        ROAD, WESTLAKE VILLAGE, CALIFORNIA 91361; AND

                (e) by signing this Agreement, he represents that he fully
        understands the terms and conditions stated in it and intends to be
        legally bound by them.

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        If the Executive revokes this Agreement in the manner provided above, it
shall be void and of no effect, and shall not bind the Executive, the Company or
any of their respective affiliates.

        8. Executive represents that he has not heretofore assigned or
transferred or purported to assign or transfer, to any person or entity, any of
the Claims, any portion thereof, or any interest therein.

        9. Any breach by Executive of a condition of this Agreement with an
attendant failure to remedy the breach within ten (10) days of receiving notice
of it from the Company shall subject Executive to any and all equitable and/or
monetary relief required to prevent further damage to any of the Companies and
to compensate same for any damages suffered as a consequence of the breach of
this Agreement.

        10. The Company may withhold from any payments made under this Agreement
all federal, state, local or other applicable taxes as shall be required by law.

        11. This Agreement does not constitute nor shall it be construed as an
admission by the Company, its affiliates, subsidiaries, joint venturers, or
directors, officers, employees, agents, representatives or assigns of any
violation or noncompliance with any obligation, legal or otherwise.

        12. The Parties to this Agreement agree not to disclose its terms or any
of the facts surrounding the Agreement and settlement, to any person or entity,
other than their attorney, accountants, financial advisors, or the members of
their immediate family; provided that this Agreement shall not be construed to
prohibit any disclosure required by law.

        13. This Agreement shall be governed by, interpreted and construed in
accordance with the laws of the state of California.

        14. The Parties intend that the invalidity or unenforceability of any
provision of this Agreement shall not affect or render invalid or unenforceable
any other provision.

        15. It is the express intention of the Parties that this Agreement shall
operate as a sealed instrument.

        16. This Agreement shall be binding upon and inure to the benefit of the
Parties and their heirs, administrators, representatives, executors, successors
and assigns.

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        IN WITNESS WHEREOF, the Parties have caused this Agreement to be
executed as of the day and year first above written.

                                            CDRJ INVESTMENTS (Lux) SA
                                            By: /s/ Ralph S. Mason
                                                --------------------------------
                                            Name: Ralph S. Mason, III
                                            Title: Vice Chairman, Executive Vice
                                            President and General Counsel

                                            JAFRA WORLDWIDE HOLDINGS (Lux)
                                            S.ar.l

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

                                            CDRJ NORTH ATLANTIC (Lux) S.ar.l

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

                                            JAFRA COSMETICS INTERNATIONAL, Inc.

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

                                            EXECUTIVE

                                            By: /s/ Jaime Lopez Guirao
                                                --------------------------------
                                            Name: Jaime Lopez Guirao

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                      JAIME LOPEZ GUIRAO (THE "EXECUTIVE")

                              TERMINATION BENEFITS

1. Upon a termination of employment by Jafra without Cause, the Executive is
entitled to receive the following payments and benefits under his Employment
Agreement:

-       Base Salary (at current annualized rate of $528,715) through the date of
        termination (i.e., through March 6, 2004). (SECTION 7(f)(i))

-       Base Salary in installments (at current annualized rate of $528,715) for
        a period of 2 years from date of termination (i.e., through March 6,
        2006). (SECTION 7(f)(i)(A))

-       If Jafra meets applicable performance objectives for 2004 under its
        Bonus Plan, pro rata incentive bonus for 2004 (approx. $50,122, based on
        2003 bonus). (SECTION 7(f)(i)(B))

-       Continued participation in health plans for a period of 2 years from
        date of termination (i.e., through March 6, 2006). (SECTION 7(f)(i))

-       Any accrued benefits under other Jafra plan (other than bonus or
        incentive plans) in which the Executive currently participates. (SECTION
        7(f)(iii))

2. As further consideration for entering into the Confidential General Release
and Separation Agreement, the Executive is also entitled to receive the
following:

-       A lump sum cash payment in an amount equal to $100,000 payable as soon
        as practicable following the Termination Date.

-       As soon as practicable following the 90th day after the execution by the
        Parties of the Confidential General Release and Separation Agreement, a
        lump sum cash payment in an amount equal to $100,000; provided that the
        transfer of the Company's arrangements for manufacturing at the COSFRA
        facility in Naucalpan, Mexico has been completed prior to such date.

-       Reimbursement for the cost to Executive of one round-trip business class
        airline ticket from Madrid, Spain to Los Angeles, California.<PAGE>
                                                                   EXHIBIT 10.43

                  ASSIGNMENT, ASSUMPTION AND CONSENT AGREEMENT

        ASSIGNMENT, ASSUMPTION AND CONSENT AGREEMENT, dated as of February 6,
2004 (this "Agreement"), among (i) Michael DiGregorio ("Assignor"), (ii) Dale W.
Martin, Jr., as trustee (together with his successor trustees, if any, the
"Trustee") of each of the following sub-trusts of the DiGregorio Permanent Trust
of 2000 # 2 created under Declaration of Trust signed by the Trustee on November
17, 2000: (a) sub-trust for the benefit of Daniela DiGregorio (the "Daniela
Sub-Trust"), and (b) sub-trust for the benefit of Carlo DiGregorio (the "Carlo
Sub-Trust") (each of the Daniela Sub-Trust and the Carlo Sub-Trust, an
"Assignee" and, together, the "Assignees"), and (iii) CDRJ Investments (Lux)
S.A., a Luxembourg societe anonyme (in liquidation) ("Parent") here represented
by Jafra Worldwide Holdings (Lux) S.ar.l in its capacity as liquidator of Parent
("Liquidator").

        WHEREAS (i) Assignor and Parent are parties to (x) a Management Stock
Subscription Agreement, dated as of September 30, 1998 (the "1998 Subscription
Agreement"), and (y) a Management Stock Subscription Agreement, dated as of
August 9, 2000 (the "2000 Subscription Agreement," and, together with the 1998
Subscription Agreement, both attached hereto as Exhibit A, the "Subscription
Agreements"); (ii) Assignor is a beneficiary of, and bound by, certain
provisions of the Registration and Participation Agreement, dated as of April
30, 1998, between Parent and Clayton, Dubilier & Rice Fund V Limited
Partnership, a Cayman Islands exempted limited partnership ("CD&R Fund V"), a
copy of which is attached hereto as Exhibit B (the "Registration Agreement"), as
a Management Purchaser (as defined therein); and (iii) Assignor and Jafra
Cosmetics International, Inc., a Delaware corporation and an indirect wholly
owned subsidiary of Parent ("JCI"), are party to the Master Bailment Agreement,
dated as of September 30, 1998, a copy of which is attached hereto as Exhibit C
(the "Bailment Agreement" and, together with the Subscription Agreement and the
Registration Agreement, the "Share Agreements").

        WHEREAS, (i) pursuant to the 1998 Subscription Agreement, Assignor
purchased from Parent 1,738 Class A voting shares, par value $2.00 per share, of
Parent (the "1998 Shares"), and (ii) pursuant to the 2000 Subscription
Agreement, Assignor purchased from Parent, 632 Class A voting shares, par value
$2.00 per share, of Parent (the "2000 Shares" and, together with the 1998
Shares, the "Shares");

        WHEREAS, (i) on December 20, 2000, Assignor gave 80 Shares to each
Assignee pursuant to an Assignment, Assumption, and Consent Agreement dated as
of December 20, 2000, among Assignor, the Trustee, the Assignees, and Parent and
consented to by CD&R Fund V, (ii) on February 23, 2001, Assignor gave an
additional 80 Shares to each Assignee pursuant to an Assignment, Assumption, and
Consent Agreement dated as of February 23, 2001, among Assignor, the Trustee,
the Assignees, and Parent and consented to by CD&R Fund V, (iii) on February 1,
2002, Assignor gave

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an additional 60 Shares to each Assignee pursuant to an Assignment, Assumption,
and Consent Agreement dated as of February 1, 2002, among Assignor, the Trustee,
the Assignees, and Parent and consented to by CD&R Fund V, and (iv) on October
19, 2003, Assignor gave an additional 130 shares to each Assignee pursuant to an
Assignment, Assumption and Consent Agreement dated as of October 19, 2003 among
the Assignor, the Trustee, the Assignees and Parent and consented to by CD&R
Fund V, so that Assignor now owns, in the aggregate, 1,670 Shares and the
Assignees hold, in the aggregate, 700 Shares (such 700 Shares, the "Prior
Transfer Shares");

        WHEREAS, Assignor now wishes to give to each Assignee, and each Assignee
wishes to accept from Assignor, in addition to the Prior Transfer Shares, the
number of Shares set forth opposite such Assignee's name on Schedule I hereto
(the "Transfer Shares"), and all rights and obligations with respect thereto
under the Share Agreements;

        WHEREAS, Assignor has requested that Parent consent to his transfer of
the Transfer Shares to Assignees; and

        WHEREAS, Parent is willing to grant such consent (i) in reliance upon
the representations, warranties and acknowledgments of Assignor and each
Assignee in this Agreement and (ii) subject to the terms and conditions
contained in this Agreement.

        Now, THEREFORE, Assignor, the Trustee, each Assignee and Parent agree as
follows:

        1. Assignment. Assignor does hereby give, transfer and assign to each
Assignee the number of Transfer Shares set forth opposite such Assignee's name
on Schedule I hereto and all of Assignor's rights and obligations under the
Share Agreements with respect to the Transfer Shares transferred to such
Assignee.

        2. Assumption. Each Assignee hereby accepts the Transfer Shares and
assumes all of Assignor's rights and obligations under the Share Agreements with
respect to the Shares transferred to such Assignee. This assumption by Assignees
shall not relieve Assignor of any of its rights or obligations under the Share
Agreements which shall continue in full force and effect.

        3. Representations and Warranties of Assignor, the Trustee and the
Assignees. Assignor, the Trustee and each Assignee jointly and severally
represent and warrant to each other and to Parent as follows:

        (a) Each Assignee is a duly formed, validly existing trust under the
laws of the State of California and the Trustee has all requisite power and
authority to execute, deliver and bind Assignees under this Agreement. The
beneficiaries of each Assignee consist solely of persons who are children,
grandchildren, parents, parents-in-law or step-parents-law, or the spouse of the
Assignor.

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        (b) Parent has been provided with a true and correct copy of the trust
agreement for each Assignee. Each trust agreement contains a provision that the
Transfer Shares may not be directly or indirectly sold, transferred, assigned,
conveyed, distributed, pledged, mortgaged, encumbered, hypothecated or otherwise
disposed of ("Transfer") (including, but not limited to, by way of a Transfer of
Transfer Shares or a distribution by the Trustee of a direct or indirect
interest in the Transfer Shares), without the prior written consent of Parent
(which consent may be withheld in the sole and absolute discretion of Parent)
prior to a Public Offering (as defined in the Subscription Agreements), except
as expressly permitted by the Subscription Agreements.

        (c) The Trustee is competent and capable of entering into this Agreement
and has duly executed and delivered this Agreement on behalf of himself and each
Assignee and, assuming the due execution and delivery by Parent and Assignor,
this Agreement constitutes a legal, valid and binding obligation of the Trustee
and each Assignee, enforceable against the Trustee and each Assignee in
accordance with its term.

        (d) Assignor is competent and capable of entering into this Agreement
and is doing so of his free will and has duly executed and delivered this
agreement and, assuming the due execution and delivery by Parent, the Trustee
and each Assignee, this Agreement constitutes the legal, valid and binding
obligation of Assignor, enforceable against Assignor in accordance with its
terms.

        (e) The execution and delivery of this Agreement by each Assignee and
the performance of its obligations hereunder will not violate or conflict with
the organizational documents or other governing documents of such Assignee

        (f) The execution and delivery by Assignor, the Trustee or any Assignee
of this Agreement and the performance of their respective obligations hereunder
will not violate, conflict with or constitute a default under any agreement or
instrument or any applicable law to which any of Assignor, any Assignee or the
Trustee is subject or by which any of their respective assets are bound.

        (g) The assignment and assumption made hereunder is a gift, and no
Assignee has provided, and Assignor has not received, any consideration in
conjunction with the assignment contemplated by this Agreement.

        (h) The transfers of the Transfer Shares hereunder (i) are in compliance
with all applicable United States, State and foreign securities laws (including,
but not limited to, the U.S. Securities Act of 1933, as amended, "Securities
Laws") and (ii) do not require any registrations or filings by Parent, JCI or
any affiliate thereof with any governmental or regulatory authority.

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<PAGE>
        (i) The Transfer Shares which each Assignee is acquiring from Assignor
are being acquired by each Assignee for investment without a view to
distribution, within the meaning of U.S. Securities Act of 1933, as amended, or
registered or qualified under other applicable Securities Laws, and will not be
sold, transferred, assigned, pledged or hypothecated in the absence of an
effective registration statement for the Transfer Shares under Securities Laws
or an applicable exemption from the registration requirements of Securities
Laws. The Transfer Shares which each Assignee is acquiring from Assignor may not
be sold or otherwise disposed of in any manner which would constitute a
violation of any Securities Laws.

        4. Acknowledgments and Covenants of Assignees. The Trustee and each
Assignee hereby expressly acknowledge, covenant and agree to the following:

        (a) The Trustee, on behalf of each Assignee, has read each of the Share
Agreements.

        (b) Assignees are taking the Transfer Shares subject to the terms and
conditions that would apply to the Transfer Shares if Assignor had continued to
hold them, including, but not limited to, (i) substantial contractual
restrictions on Transfer, including a right of first refusal in favor of Parent
and CD&R Fund V, (ii) successive repurchase rights of Parent and CD&R Fund V in
the event of any termination of Assignor's employment with JCI or its
affiliates, (iii) an obligation to sell its Transfer Shares to third parties
under certain circumstances, (iv) the requirement that certificates representing
the Transferred Shares be held by JCI under the Bailment Agreement, and (v) the
other terms of the Share Agreements.

        (c) The Transfer Shares have not been registered under the Securities
Laws, shall bear a restrictive legend as set forth in the Subscription
Agreement, and may not be transferred except in compliance with all applicable
Securities Laws.

        (d) No Transfer Share shall be directly or indirectly Transferred
(including but not limited to, by way of a Transfer of Transfer Shares or a
distribution by the Assignee of a direct or indirect interest in the Transfer
Shares), without the prior written consent of Parent (which consent may be
withheld in the sole and absolute discretion of Parent) prior to a Public
Offering, except as expressly permitted by the Subscription Agreement.

        5. Consent of Parent. In reliance upon (i) the representations,
warranties, acknowledgments, covenants and agreements of Assignor, the Trustee,
and each Assignee in this Agreement and (ii) the terms and conditions agreed to
by the Trustee, Assignor and each Assignee in this Agreement, Parent consents to
the transfer of the Transfer Shares from Assignor to each Assignee in the
amounts set forth on Schedule I hereto (the "Approved Transfer"). Section 4 of
each Subscription Agreement is hereby amended to the extent necessary to permit
the Approved Transfer on the terms and

                                       4
<PAGE>
conditions set forth herein. The Subscription Agreements shall otherwise
continue in full force and effect.

        6. Applicable Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK, WITHOUT REFERENCE TO
PRINCIPLES OF CONFLICT OF LAWS WHICH WOULD REQUIRE APPLICATION OF THE LAW OF
ANOTHER JURISDICTION.

        7. Successors and Assigns; Benefits. The terms and conditions of this
Agreement shall inure to the benefit of and be binding upon the parties to this
Agreement and their respective successors and assigns. Except as provided in
subsection 4(b) of this Agreement, nothing in this Agreement, express or
implied, shall be construed to give any person other than the parties to this
Agreement or their successors or assigns any legal or equitable right, remedy or
claim under or in respect of any agreement or provisions contained herein.
Neither this Agreement nor any right, remedy, obligation or liability hereunder
or by reason of this Agreement may be assigned by Assignor, the Trustee or any
Assignee without the prior written consent of Parent.

        8. Further Assurances. At any time or from time to time after the date
hereof, Assignor, the Trustee and each Assignee shall execute, acknowledge and
deliver any further assignments, assumptions, consents and other instruments or
documents and take all such further action as any other party may reasonably
request in order to evidence the consummation of the transactions contemplated
hereby.

        9. Counterparts. This Agreement may be executed in one or more
counterparts, each of which shall for all purposes be deemed to be an original
and all of which shall constitute the same instrument.

                                       5
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        IN WITNESS WHEREOF, the undersigned have executed this Agreement as of
the date first above written.

                                    CDRJ INVESTMENTS (LUX) S.A.(In Liquidation)

                                    By: /s/ RALPH S. MASON, III
                                       -----------------------------------------
                                       Liquidator
                                    Here represented by
                                    Name: Ralph S. Mason, III
                                    Title: Fonde de Pouvior

                                    ASSIGNOR:

                                    By: /s/ Michael DiGregorio
                                        ----------------------------------------
                                    Name: Michael DiGregorio

                                    ASSIGNEES:

                                    Sub-trust of the DiGregorio Permanent Trust
                                    of 2000 No. 2 created under Declaration of
                                    Trust dated November 17, 2000, for the
                                    benefit of Daniela DiGregorio

                                    By:  /s/ Dale W. Martin, Jr.
                                         ---------------------------------------
                                    Name:  Dale W. Martin, Jr.
                                    Title: Trustee

                                    Sub-trust of the DiGregorio Permanent Trust
                                    of 2000 # 2 created under Declaration of
                                    Trust dated November 17, 2000, for the
                                    benefit of Carlo DiGregorio:

                                    By:  /s/ Dale W. Martin, Jr.
                                         ---------------------------------------
                                    Name:  Dale W. Martin, Jr.
                                    Title: Trustee

                                       6
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                           ACKNOWLEDGEMENT AND CONSENT

        The undersigned hereby acknowledges and consents to the assignment and
assumption set forth above.

                                    CLAYTON, DUBILIER & RICE FUND V
                                      LIMITED PARTNERSHIP

                                    By:  CD&R Associates V Limited Partnership,
                                           its general partner

                                         By: CD&R Investment Associates, Inc.
                                               its managing general partner

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

                                       7
<PAGE>
                                   Schedule I

<TABLE>
<CAPTION>
Assignee                                             Number of Transfer Shares Assigned
--------                                             ----------------------------------
<S>                                                  <C>
Sub-trust of the DiGregorio Permanent Trust
of 2000 # 2 created under Declaration of
Trust dated November 17, 2000, for the
benefit of Daniela DiGregorio:                                        130

Sub-trust of the DiGregorio Permanent Trust
of 2000 # 2 created under Declaration of
Trust dated November 17, 2000, for the
benefit of Carlo DiGregorio:                                          130

Total Number of Transfer Shares Assigned:                             260
</TABLE>

                                       8
<PAGE>
                                    Exhibit A

             (Management Stock Subscription Agreements, dated as of
                     September 30, 1998 and August 9, 2000.)

                                       9
<PAGE>
                                    Exhibit B

    (Registration and Participation Agreement, dated as of April 30, 1998.)

                                       10
<PAGE>
                                    Exhibit C

          (Master Bailment Agreement, dated as of September 30, 1998.)

                                       11

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