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CL > SEC Filings for CL > Form 8-K on 16-Sep-2013All Recent SEC Filings

Show all filings for COLGATE PALMOLIVE CO

Form 8-K for COLGATE PALMOLIVE CO


16-Sep-2013

Change in Directors or Principal Officers, Financial Statements and Exhibits


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

At its meeting on September 12, 2013, the Board of Directors renewed the Colgate-Palmolive Company Executive Severance Plan (the "Plan") for an additional term to expire on September 30, 2018, on substantially the same terms and conditions as previously in effect, as described in the Company's Proxy Statement for the 2013 Annual Meeting of Stockholders, with the following change: the Board amended the bonus component of the severance amount to be the average of the last three years' annual bonus awards. Previously, the bonus component was the higher of the average of the three highest annual bonus awards in the last five years or the target bonus that would have been paid in the year in which the termination occurs. A copy of the Plan, as renewed, is attached as Exhibit 10-A to this Current Report on Form 8-K.



Item 9.01. Financial Statements and Exhibits.

(d) Exhibits. The following exhibit is filed with this document:

Exhibit Number        Description

10-A                  Colgate-Palmolive Company
                      Executive Severance Plan,
                      as amended and restated
                      through September 12, 2013

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