Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(e) As announced on December 20, 2012, Robert P. DeVleming, Senior Vice
President, President Consumer Products Division, announced his decision to
retire during the first half of 2013. In connection with Mr. DeVleming's
termination of employment, the Company entered into a letter agreement with him
which provides that (a) Mr. DeVleming will provide transitional services to the
Company as an employee through June 2013; (b) he will receive two times his
annual salary, paid out in installments over the two (2) year period following
his termination of employment ("Service Period"); (c) he will not compete with
nor solicit employees or customers of the Company during the Service Period; and
(d) he will provide services reasonably requested by the Company during the
Service Period.
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