Exhibit 10(e) CHANGE IN CONTROL AGREEMENT This CHANGE IN CONTROL AGREEMENT dated November 17, 1995, between WHITMAN CORPORATION, a Delaware corporation (the "Company"), and _______________________________________ (the "Executive"). WHEREAS, the...Change in Control Agreement • March 22nd, 1996 • Whitman Corp • Bottled & canned soft drinks & carbonated waters • Illinois
This CHANGE IN CONTROL AGREEMENT dated November 17, 1995, between WHITMAN CORPORATION, a Delaware corporation (the "Company"), and _______________________________________ (the "Executive"). WHEREAS, the Company's Board of Directors has determined that, in light of the importance of the Executive's continued services to the stability and continuity of management of the Company and its subsidiaries, it is appropriate and in the best interests of the Company and of its shareholders to reinforce and encourage the Executive's continued disinterested attention and undistracted dedication to his duties in the potentially disturbing circumstances of a possible change in control of the Company by providing some degree of personal financial security; WHEREAS, in order to induce the Executive to remain in the employ of the Company or a subsidiary of the Company (a "Subsidiary"), the Company's Board of Directors has determined that it is desirable to pay the Executive the severance compen- sation
