ContractStrategic Transaction Incentive Agreement • May 5th, 2020
EX-10.68 2 enr10kq42014exhibit1068.htm STRATEGIC TRANSACTION INCENTIVE AGREEMENT Exhibit 10.68 STRATEGIC TRANSACTION INCENTIVE AGREEMENT ENERGIZER HOLDINGS, INC. and all of its affiliated companies (“ENERGIZER”) and ___________ (“EMPLOYEE”) enter into this Strategic Transaction Incentive Agreement (“AGREEMENT”) on this ______ day of ____________________, 2014. WITNESSETH: WHEREAS, EMPLOYEE is employed by ENERGIZER, and EMPLOYEE’s leadership is very important to the successful execution of our strategic plans; WHEREAS, ENERGIZER desires to have the leadership and strong commitment of EMPLOYEE through the date of completion of a Transaction (as defined below) or such earlier payment event that is otherwise described below “Spin-Off Transaction” means the separation of the ENERGIZER’s household products business from its personal care business (following which the two businesses would operate as two separate publicly traded companies), as determined by the Board of Directors of ENERGIZER
