THIS AGREEMENT, dated as of , to the Severance Agreement, dated as of , 19 (the “Severance
Agreement”), is entered into between Alberto-Culver Company, a Delaware corporation (the “Company”), and (the
WHEREAS, the Company and the Executive desire to amend the Severance Agreement as set forth herein.
NOW, THEREFORE, in consideration of the premises and the mutual agreements contained herein, the Company and the
Executive hereby agree that the Severance Agreement shall be amended as set forth below:
1. Section 3(a)(2) of the Severance Agreement is hereby amended to read in its entirety as follows:
“(2) a lump-sum cash amount which, when added to any other payments that must be taken into account for purposes of
any computation relating to the Executive under Section 280G(b)(2)(A)(ii) of the Internal Revenue Code of 1986, as amended
(the “Code”), equals, in the aggregate, (*) times the Executive’s “base amount,” as such term is defined in Section 280G(b)(3) of
the Code; provided , that any amount paid pursuant to this Section 3(a)(2) shall be paid in lieu of any other amount of severance
relating to salary or bonus continuation to be received by the Executive upon termination of employment of the Executive under
any severance plan, policy or arrangement of the Company.
2. Section 4 of the Severance Agreement is hereby amended by deleting the words “Internal Revenue Code of 1986, as amended
(the “Code”)” and substituting therefor the word “Code”.
IN WITNESS WHEREOF, the Company has caused this Amendment to be executed by a duly authorized officer of the
Company and the Executive has executed this Amendment as of the day and year first above written.
(*) 2.99 for Leonard H. Lavin, Howard B. Bernick, Carol L. Bernick and Michael H. Renzulli
Subscribed and Sworn to before me
this day of