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FORM OF AMENDMENT TO SEVERANCE AGREEMENT

Termination Severance Agreement

FORM OF AMENDMENT TO SEVERANCE AGREEMENT | Document Parties: ALBERTO-CULVER CO You are currently viewing:
This Termination Severance Agreement involves

ALBERTO-CULVER CO

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Title: FORM OF AMENDMENT TO SEVERANCE AGREEMENT
Date: 12/13/2006
Industry: Personal and Household Prods.     Sector: Consumer/Non-Cyclical

FORM OF AMENDMENT TO SEVERANCE AGREEMENT, Parties: alberto-culver co
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EXHIBIT 10 (y)

FORM OF AMENDMENT TO

SEVERANCE AGREEMENT

THIS AGREEMENT, dated as of                                           , to the Severance Agreement, dated as of , 19      (the “Severance Agreement”), is entered into between Alberto-Culver Company, a Delaware corporation (the “Company”), and                                      (the “Executive”).

WHEREAS, the Company and the Executive desire to amend the Severance Agreement as set forth herein.

NOW, THEREFORE, in consideration of the premises and the mutual agreements contained herein, the Company and the Executive hereby agree that the Severance Agreement shall be amended as set forth below:

1.    Section 3(a)(2) of the Severance Agreement is hereby amended to read in its entirety as follows:

“(2)    a lump-sum cash amount which, when added to any other payments that must be taken into account for purposes of any computation relating to the Executive under Section&n


 
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