Zale Corporation Executive Officers Base Salary and Target Bonus Table

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 executive's name, position, base salary, and target bonus as a percentage of salary. The agreement outlines compensation details but refers to the company's proxy statement for further information. The key obligation is the disclosure of executive compensation for transparency and regulatory compliance.

EX-10.18 8 a2187916zex-10_18.htm EX-10.18
QuickLinks -- Click here to rapidly navigate through this document


Exhibit 10.18

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 %  

Neal L. Goldberg
Chief Executive Officer

  $ 925,000     125 %

Theo Killion
President

 
$

550,000
   
75

%

Rodney Carter
Executive Vice President, Chief Administrative Officer and Chief Financial Officer

 
$

435,000
   
60

%

Gilbert Hollander
Executive Vice President, Chief Sourcing and Supply Chain Officer

 
$

400,000
   
60

%

Steve Larkin
Executive Vice President, Chief Marketing and E-Commerce Officer

 
$

340,000
   
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.




QuickLinks

    Exhibit 10.18