EXHIBIT 10(h)
SEVERANCE AGREEMENT AND GENERAL RELEASE
This Severance Agreement and General Release ("Agreement"), between F. Martin Thrasher ("Employee") and
Campbell Soup Company ("Company"), is made with respect to the following facts:
A. Company has decided to sever its employment relationship with Employee effective July 31, 2001
("Termination Date"). In consideration of Employee's signing this Agreement and releasing Company from any
and all claims which he might have against it, Company will, upon the termination of Employee's employment,
provide Employee with the severance pay and benefits set forth below.
B. In exchange for the promises, payments and benefits described in this Agreement, the parties execute this
Agreement in favor of and for the benefit of the other as follows:
1. Severance.
a. 65 Week Period.
(i) Company agrees to continue Employee's current base salary (less required payroll taxes and other
withholdings) for a period of sixty-five (65) weeks ("65 Week Period") beginning subsequent to Employee's
Termination Date and following payment for Employee's vacation time of four (4) weeks, as more fully set forth in
paragraph B.1.c. (titled Periodic Payments), provided that Employee does not in the 65 Week Period accept
employment or a consulting assignment, directly or indirectly, with or for a Competitor of the Company, as that
term is defined in this paragraph. If Employee accepts employment or a consulting assignment with or for a
Competitor, directly or indirectly, or otherwise engages in competition with the Company, in any manner during
the 65 Week Period, all payments and benefits otherwise provided under the terms of this Agreement to the
extent yet unpaid will cease and Company shall be entitled to exercise all rights and remedies available to the
Company under this Agreement, under the Non-Competition Agreement identified in paragraph 7, and otherwise
available to the Company at law or in equity. For the purpose of this Agreement, a Competitor of the Compan