Skip to main content
Find a Lawyer

Employment Agreement - Dean & DeLuca Brands Inc. and Brian Bodell

                                  DEAN & DELUCA
                                  560 Broadway
                            New York, New York 10012

April 20, 1999

New York, NY  100245

Dear [redacted]:

It is my pleasure to confirm our offer of at will employment at Dean & DeLuca
Brands, Inc. ('D&D') as Vice President-E-Commerce Technology and Strategic

As Vice President-E-Commerce you will report to me and be responsible for site
development, strategic relationships, and the development of our affiliate
program. You will have responsibility for site construction, and be accountable
for supervising all aspects including design, layout, architecture, coordinating
of the third party vendors, and the integration of the site with other software
systems. Additionally, you will be responsible for identifying and recruiting
strategic virtual partners to build our internet reach.

In the execution of all your duties, you will be expected to encourage full and
open communication, and to foster a working environment which embraces the
principles of continuous improvement and excellence in execution. I will expect
you to communicate with me on a regular basis, so there are no surprises. You
should feel free to express yourself candidly about matters affecting your
position; just expect a lot of questions from me, and healthy debate. Finally,
you should employ market based management principles in all of your commercial
decision making, and act with a sense of urgency in executing your plans.

Your start date will be April 26, 1999 and your annual salary will be $130,000
with an opportunity to receive a bonus of up to 23% on your first anniversary
based on your job performance. You will receive standard health benefits after
90-days of employment and will be eligible to participate in our 401K plan on
your first anniversary date. These and other benefits and responsibilities are
more fully defined in Employee Handbook.

Additionally, you will have the opportunity to participate in our non-qualified
employee stock option plan after one year of employment. The granting of these
options will be based on your job performance, and is strictly discretionary at
the will of the committee responsible for administering the 

plan. The granting of options is subject to a vesting schedule and other terms
and conditions which are set forth in the stock option plan and stock option
agreement, which you will receive upon eligibility in the plan.

[redacted], I know I speak for all the people you have met at Dean & DeLuca in
expressing our enthusiasm about the prospects of you joining our team. Your
professionalism and combined with our commitment to quality and excellence,
shall prove to be a winning combination.

Yours sincerely,

Duminda De Silva
Vice President

Agreed and Accepted:

/s/ [redacted]


cc:  Dane Neller


Was this helpful?

Copied to clipboard