Letter Agreement Regarding Cessation of Legal Advisory Services under Consulting Agreement between Revlon, Inc., Revlon Consumer Products Corporation, and Mitra Hormozi

Contract Categories: Human Resources › Consulting Agreements
Summary

This letter agreement, dated March 30, 2020, is between Revlon, Inc., Revlon Consumer Products Corporation, and Mitra Hormozi. It confirms that Mitra Hormozi will stop providing legal advisory services under a prior consulting agreement effective April 1, 2020, and will no longer receive payment for those services after that date. Any payments for services provided before April 1, 2020, will be made as usual. The agreement does not terminate the original consulting agreement, and all other terms remain in effect unless changed in writing.

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EX-10.8 7 rev-2020q110xqxex108.htm EX-10.8 Document
  
EXECUTION COPY
Exhibit 10.8



Via E-Mail: mitra.oneill@gmail.com
Mitra Hormozi, Esq.
205 West 57th Street Apt. 6C
New York, NY 10019

Dear Mitra:

This letter agreement confirms our mutual understanding that you will cease providing Legal Advisory Services under the Consulting Agreement, by and among you, Revlon, Inc. and Revlon Consumer Products Corporation, dated as of November 7, 2019 (the “Consulting Agreement”). Capitalized terms not defined herein shall have the meaning set forth in the Consulting Agreement.

Effective April 1, 2020, you will cease providing Legal Advisory Services, and will cease receiving Legal Advisory Services Pay. Legal Advisory Services Pay for any Legal Advisory Services rendered prior to April 1, 2020 shall be paid to you on the Regular Payment Date. The CEO may reinstate the Legal Advisory Services and payment of the Legal Advisory Service Pay when she deems appropriate, in her sole discretion, exercised reasonably.

The parties agree that cessation of the Legal Advisory Services under the Consulting Agreement pursuant to this letter agreement does not constitute a termination of the Consulting Agreement and does not trigger any rights or remedies pursuant to Section 1(d), or any other provision, of the Consulting Agreement.

All other terms of the Consulting Agreement will remain in place during the Term unless further amended by written agreement between the parties.

Please indicate your agreement by signing below.

Sincerely,

/s/ Ely Bar-Ness

Ely Bar-Ness
Chief Human Resources Officer


I agree with and accept the terms set forth above:



/s/ Mitra Hormozi
Date: As of March 30, 2020
Mitra Hormozi