QuickLinks -- Click here to rapidly navigate through this document
BRUCE J. WOOD
This Employment Agreement (this "Agreement") effective as of June 1, 2002, (the "Effective Date") is entered into by and
between Weider Nutrition Group, Inc., a Utah corporation with offices at 2002 South 5070 West, Salt Lake City, Utah 84104-4836
(the "Company") and Bruce J. Wood residing at 3983 East Alta Approach, Sandy, Utah 84092 ("Executive").
TERMS OF AGREEMENT
In consideration of the mutual covenants in this Agreement, the parties agree as follows:
1. Definitions. For purposes of this Agreement, the terms listed below shall be defined as indicated.
Affiliate: A domestic or foreign business entity controlled by, controlling, under common control with, or in joint
venture with, the applicable person or entity.
Annual Bonus: See Sectionn 3.2.
Base Salary: The salary described in Section 3.1 for a 12 month period.
Board: The Board of Directors of the Company.
Change in Control: The occurrence of both (a) and (b) below.
(a) Change in the Board. There is a change in the composition of the Board over a period of twelve
consecutive months (or less) such that a majority of the Board members (rounded up to the nearest whole
number) ceases to be comprised of individuals who either (i) have been Board members continuously since the
beginning of such period or (ii) have been elected or nominated for election as Board members during such
period by at least a majority of the Board members described in clause (i) who were still in office at the time such
election or nomination was approved by the Board; and
(b) One of:
(i) Sale of Assets. The sale of all or substantially all of the assets and business of the Company
in substantially a single transaction;
(ii) Merger. The merger or consolidatio