http://www.footnoted.org/my-big-fat-deal/avon-freshens-up-jungs-employment-contract/ Michelle Leder's guide to what's hiding in SEC filings Tue, 16 Mar 2010 22:19:36 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.footnoted.org/my-big-fat-deal/avon-freshens-up-jungs-employment-contract/comment-page-1/#comment-7019 JoJo Thu, 11 Dec 2008 23:03:12 +0000 http://www.footnoted.org/?p=3071#comment-7019 Talk about putting lipstick on a pig... Talk about putting lipstick on a pig…

]]> http://www.footnoted.org/my-big-fat-deal/avon-freshens-up-jungs-employment-contract/comment-page-1/#comment-7014 Michelle Leder Wed, 10 Dec 2008 18:14:42 +0000 http://www.footnoted.org/?p=3071#comment-7014 @Greg: Thanks. I'll have to go back and take a closer look. As I say repeatedly, I'm not a lawyer, so I appreciate it whenever people who are weigh in on these things. @Greg: Thanks. I’ll have to go back and take a closer look. As I say repeatedly, I’m not a lawyer, so I appreciate it whenever people who are weigh in on these things.

]]> http://www.footnoted.org/my-big-fat-deal/avon-freshens-up-jungs-employment-contract/comment-page-1/#comment-7013 Greg Wed, 10 Dec 2008 17:43:59 +0000 http://www.footnoted.org/?p=3071#comment-7013 I think you're misreading the contract. Upon certain terminations, she gets the lesser of (x) severance for 3 years and (y) severance until age 65. This concept actually protects Avon from paying the CEO severance for the full 3 years if she is fired after reaching age 62. I think you’re misreading the contract. Upon certain terminations, she gets the lesser of (x) severance for 3 years and (y) severance until age 65. This concept actually protects Avon from paying the CEO severance for the full 3 years if she is fired after reaching age 62.

]]>