SEC Contract Filing

Filing Date: 2020-08-27

Document Content:
<DOCUMENT>
<TYPE>EX-10.33
<SEQUENCE>6
<FILENAME>exhibit1033pieraccioni.htm
<DESCRIPTION>EX-10.33
<TEXT>
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<title>Document</title></head><body><div id="ibe915c39a9ff4fdc8df336c614c1105d_36"></div><div style="min-height:68pt;width:100%;"><div><font><br></font></div></div><div style="margin-top:0.2pt;"><font><br></font></div><div style="padding-left:5.8pt;margin-top:4.5pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%;">THIS SETTLEMENT AGREEMENT </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%;">is made on 30 May 2020</font></div><div style="margin-top:0.05pt;"><font><br></font></div><div style="padding-left:5.8pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%;">BETWEEN&#58;</font></div><div style="margin-top:0.05pt;"><font><br></font></div><div style="text-indent:-14.9pt;padding-left:23.7pt;padding-right:6pt;text-align:justify;margin-top:0.05pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:134%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:134%;padding-left:2.08pt;">COTY MANAGEMENT B.V.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:134%;">, a private limited liability company incorporated under the laws of the Netherlands, having its registered seat in Amsterdam, the Netherlands, and its office address at Schiphol Boulevard 393 Toren B, 1118 BJ Schiphol, the Netherlands, hereinafter&#58; the </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-style:italic;font-weight:700;line-height:134%;">Company</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:134%;">&#59; and</font></div><div style="margin-top:0.35pt;"><font><br></font></div><div style="text-indent:-17.9pt;padding-left:23.7pt;padding-right:5.75pt;text-align:justify;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:135%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:135%;padding-left:5.08pt;">MR GIOVANNI PIERACCIONI</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:135%;">, born on XXX, residing at X, hereinafter&#58; the </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-style:italic;font-weight:700;line-height:135%;">Executive</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:135%;">&#59;</font></div><div style="margin-top:0.2pt;"><font><br></font></div><div style="padding-left:5.8pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:135%;">The Company and the Executive together referred to as the </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-style:italic;font-weight:700;line-height:135%;">Parties </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:135%;">and each of them individually as the </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-style:italic;font-weight:700;line-height:135%;">Party</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:135%;">.</font></div><div><font><br></font></div><div style="padding-left:5.8pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%;">WHEREAS&#58;</font></div><div style="margin-top:0.05pt;"><font><br></font></div><div style="text-indent:-21.4pt;padding-left:27.15pt;padding-right:5.7pt;text-align:justify;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:135%;">a)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:135%;padding-left:12.09pt;">the Executive entered into the Company&#8217;s employment with effect from 1 February 2020, having entered into the employment of one of the Company&#8217;s affiliated companies in the US as of 14 January 2019 and currently holds the position of President EMEA&#59;</font></div><div><font><br></font></div><div style="text-indent:-21.4pt;padding-left:27.15pt;padding-right:6.15pt;text-align:justify;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:135%;">b)</font><