BEBE STORES INC
EX-10.19
<DOCUMENT>
<TYPE>EX-10.19
<SEQUENCE>3
<FILENAME>a05-15993_1ex10d19.htm
<DESCRIPTION>EX-10.19
<TEXT>
<html>

<head>






</head>

<body lang="EN-US">

<div style="font-family:Times New Roman;">


<p style="font-weight:bold;margin:0pt 0pt 6.0pt;page-break-after:avoid;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit 10.19</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 6.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">bebe stores, inc.<br>
2006 MANAGEMENT BONUS PLAN</font></b></p>

<p style="font-size:10.0pt;margin:0pt 0pt 6.0pt 20.0pt;text-indent:-20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">I.</font><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Eligibility</p>

<p style="font-size:10.0pt;margin:0pt 0pt 6.0pt 40.0pt;text-indent:-20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a.</font><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To be an &#147;Eligible
Employee&#148; under the bebe 2006 Management Bonus Plan an employee must:</p>

<p style="font-size:10.0pt;margin:0pt 0pt 6.0pt 60.0pt;text-indent:-20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1.</font><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>retain a position
of management entitling the employee for bonus consideration;</p>

<p style="font-size:10.0pt;margin:0pt 0pt 6.0pt 60.0pt;text-indent:-20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.</font><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>achieve the employee&#146;s
specified financial goals established by the relevant members of Company
management, and approved by the Compensation and Management Development
Committee;</p>

<p style="font-size:10.0pt;margin:0pt 0pt 6.0pt 60.0pt;text-indent:-20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.</font><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>achieve a
cumulative &#147;meets expectations&#148; rating at the employee&#146;s year end review;</p>

<p style="font-size:10.0pt;margin:0pt 0pt 6.0pt 60.0pt;text-indent:-20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.</font><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>remain in good
standing as an employee with no &#147;final warnings&#148; issued during either 2006 fiscal
year 4<sup>th</sup> quarter and fiscal 2007 before fiscal 2006 bonus payments
are made; and</p>

<p style="font-size:10.0pt;margin:0pt 0pt 6.0pt 60.0pt;text-indent:-20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.</font><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>be employed (or
be moved within the Company from an ineligible position to an eligible
position) by no later than the April&nbsp;1 of the 2006 fiscal year and be employed
through the date the fiscal year 2006 bonus payments are made. Bonus payment
shall be subject to pro-ration, for the time employed as an Eligible Employee.</p>

<p style="font-size:10.0pt;margin:0pt 0pt 6.0pt 20.0pt;text-indent:-20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">II.</font><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Target Bonus Percentage</p>

<p style="font-size:10.0pt;margin:0pt 0pt 6.0pt 40.0pt;text-indent:-20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a.</font><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Each Eligible Employee
shall be eligible to receive a bonus award based on a target percentage of
salary assigned to such Eligible Employee by the Compensation and Management
Development Committee or relevant members of Company management (&#147;Target Bonus
Percentage&#148;). The range of Target Bonus Percentages for Eligible Employees shall
be established by the Compensation and Management Development Committee. The
amount of an Eligible Employee&#146;s individual Target Bonus Percentage shall be
determined by the Compensation and Management Development Committee or relevant
members of Company management based upon the Eligible Employee&#146;s position and
responsibilities at the Company.</p>

<p style="font-size:10.0pt;margin:0pt 0pt 6.0pt 20.0pt;text-indent:-20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">III.</font><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Bonus Components</p>

<p style="margin:0pt 0pt 6.0pt 20.0pt;page-break-after:avoid;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Within an Eligible
Employee&#146;s Target Bonus Percentage, the potential bonus shall be divided,
allocated and payable, if appropriate, in the following components: 1) Company
performance, 2)&nbsp;individual performance, and/or 3) unit or division performance
(if applicable). The specific breakdown of allocation of each component shall
depend on the specific position held by the Eligible Employee and unit or
division (again, for the latter, if applicable) and shall be determined by the
Compensation and Management Development Committee or relevant members of Company
management. The Company performance component of the bonus shall be based upon
the Company&#146;s earnings per share (&#147;EPS&#148;) for fiscal year 2006 and shall be
subject to a minimum and a maximum threshold, each as determined by the
Compensation and Management Development Committee.</font></p>

<p style="font-size:10.0pt;margin:0pt 0pt 6.0pt 20.0pt;text-indent:-20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">IV.</font><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Other</p>

<p style="font-size:10.0pt;margin:0pt 0pt 6.0pt 40.0pt;text-indent:-20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a.</font><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company&#146;s Compensation
and Management Development Committee shall have the discretion to increase or decrease
compensation awards under this plan as it deems appropriate.</p>

<p style="font-size:10.0pt;margin:0pt 0pt 6.0pt 40.0pt;text-indent:-20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b.</font><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The amount
determined payable shall be subject to all applicable income taxes and
withholdings.</p>



</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

<!-- SEQ.=1,FOLIO='',FILE='C:\fc\25712420765_P80364_576798\15993-2-km.htm',USER='jmsproofassembler',CD='Sep 14 12:42 2005' -->


</body>

</html>
</TEXT>
</DOCUMENT>
