Employment Agreement between Russ Berrie and Company, Inc. and A. Curts Cooke (Chief Administrative Officer)
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Summary
Russ Berrie and Company, Inc. has engaged A. Curts Cooke as its Chief Administrative Officer, effective March 19, 2003. Mr. Cooke will receive an annual salary of $300,000 as his sole compensation, except for reimbursement of out-of-pocket expenses according to company policy. The agreement is acknowledged and accepted by both parties as of the effective date.
EX-10.70 9 a2106800zex-10_70.txt EXHIBIT 10.70 EXHIBIT 10.70 March 19, 2003 Mr. A. Curts Cooke 93 Bracken Hill Road Hamburg, NJ 07419 Dear Curts: Effective today, March 19, 2003, you are being engaged as Chief Administrative Officer of Russ Berrie and Company, Inc. ("RUSS"). You will receive compensation at the rate of $300,000 per annum. You hereby acknowledge that this is the sole compensation that you will receive from RUSS (other than reimbursement of out-of-pocket expenses in accordance with Company policy). Very truly yours, /s/ Angelica Berrie ----------------------- Angelica Berrie Chief Executive Officer ACCEPTED AND AGREED: /s/ A. Curts Cooke - ----------------------- A. Curts Cooke Dated: March 19, 2003 -
