Zale Corporation Executive Officers Base Salary and Target Bonus Schedule

Summary

This document lists the annual base salaries and target bonus percentages for the Chief Executive Officer and other named executive officers of Zale Corporation. It specifies each officer's position, salary, and the percentage of their salary that is set as a target bonus. The agreement outlines compensation terms for these executives but does not include additional conditions or time limits. For more details, it refers to the company's proxy statement filed with the SEC.

EX-10.16 3 a2205631zex-10_16.htm BASE SALARIES AND TARGET BONUS FOR THE NEO
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EXHIBIT 10.16

BASE SALARY AND TARGET BONUS
FOR THE NAMED EXECUTIVE OFFICERS

        The following table sets forth the current annual base salaries and target bonuses of the Chief Executive Officer and the other named executive officers of Zale Corporation (the "Company").

Name
  Base Salary   Target Bonus %  

Theo Killion
Chief Executive Officer

  $ 800,000     100 %

Matthew W. Appel
Chief Administrative Officer and Chief Financial Officer

 
$

540,000
   
75

%

Gilbert P. Hollander
Executive Vice President, Chief Merchant and Sourcing Officer

 
$

495,000
   
75

%

Richard A. Lennox
Executive Vice President, Chief Marketing Officer

 
$

390,000
   
75

%

John A. Legg
Senior Vice President, Supply Chain

 
$

240,000
   
37.5

%

        For additional information regarding the compensation of the Company's executive officers, please refer to the information under the headings "Executive Compensation" in the Company's definitive Proxy Statement on Schedule 14A, as filed with the Securities and Exchange Commission.




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    EXHIBIT 10.16