Attached files

file filename
EX-10.14 - THE GILLETTE CO. EXECUTIVE LIFE INSURANCE PROGRAM - PROCTER & GAMBLE Cofy161710-kexhibit10x14.htm
EX-99.1 - SUMMARY OF DIRECTORS AND OFFICERS INSURANCE PROGRAM - PROCTER & GAMBLE Cofy161710-kexhibit99x1.htm
10-K - FY1617 10-K - PROCTER & GAMBLE Cofy161710-kreport.htm
EX-32 - SECTION 1350 CERTIFICATIONS - PROCTER & GAMBLE Cofy161710-kexhibit32.htm
EX-31 - RULE13A-14(A)/15D-14(A) CERTIFICATIONS - PROCTER & GAMBLE Cofy161710-kexhibit31.htm
EX-23 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - PROCTER & GAMBLE Cofy161710-kexhibit23.htm
EX-21 - SUBSIDIARIES OF THE REGISTRANT - PROCTER & GAMBLE Cofy161710-kexhibit21.htm
EX-12 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - PROCTER & GAMBLE Cofy161710-kexhibit12.htm
EX-10.26 - THE P&G 2014 STOCK AND INCENTIVE COMPENSATION PLAN-ADD TERMS & CONDITIONS - PROCTER & GAMBLE Cofy161710-kexhibit10x26.htm
EX-10.23 - THE P&G PERFORMANCE STOCK STOCK PROGRAM SUMMARY - PROCTER & GAMBLE Cofy161710-kexhibit10x23.htm
EX-10.21 - THE P&G 2009 STOCK AND INCENTIVE COMPENSATION PLAN - PROCTER & GAMBLE Cofy161710-kexhibit10x21.htm
EX-10.20 - THE GILLETTE CO. DEFERRED COMPENSATION PLAN - PROCTER & GAMBLE Cofy161710-kexhibit10x20.htm
EX-10.19 - SENIOR EXECUTIVE RECOUPMENT POLICY - PROCTER & GAMBLE Cofy161710-kexhibit10x19.htm
EX-10.18 - THE GILLETTE CO. DEFERRED COMPENSATION PLAN - PROCTER & GAMBLE Cofy161710-kexhibit10x18.htm
EX-10.17 - THE GILLETTE CO. ESTATE PRESERVATION - PROCTER & GAMBLE Cofy161710-kexhibit10x17.htm
EX-10.15 - THE GILLETTE CO. PERSONAL FINANCIAL PLANNING REIMBURSEMENT PROGRAM - PROCTER & GAMBLE Cofy161710-kexhibit10x15.htm
EX-10.6 - SUMMARY OF THE COMPANY'S LONG-TERM INCENTIVE PROGRAM - PROCTER & GAMBLE Cofy161710-kexhibit10x6.htm


EXHIBIT (10-16)


The Gillette Company Senior Executive
Financial Planning Program









THE GILLETTE COMPANY SENIOR EXECUTIVE
FINANCIAL PLANNING PROGRAM
REVISED OCTOBER 2004
(with amendments adopted through August 21, 2006)

Eligibility
Chairman/CEO of the Company and his/her direct reports who are generally treated as United States employees for employment and benefit purposes.
 
 
Program Benefit
Reimbursement by Company of financial counseling, estate planning, tax preparation, retirement and other related financial planning services for the participant and his/her spouse, domestic partner or dependent children.
 
 
Available Providers
Any qualified tax, financial, legal or similar firm selected by participant.
 
 
Excluded Services
Brokerage or other investment transaction fees; asset management fees; insurance premiums; services for individuals other than participant, his/her spouse or domestic partner and dependent children.
 
 
Maximum Benefits
During employment: Chairman/CEO - $25,000/other participants - $11,000 of reimbursements received in any calendar year.
 
Following retirement under a Company-sponsored retirement plan: $6,000 of reimbursements received in any calendar year, over the participant's life.
 
Employees who terminate under the terms of a Company Change of Control Severance agreement will receive a lump sum payment of these amounts on or about January 1 annually. An employee who is considered “bridgeable” under the terms of The Gillette Company’s Retirement Plan will be eligible to receive the active amount until his or her earliest retirement date.
 
 
Tax Effects
Program benefits received by participant will be includable in compensation. Company will provide tax gross-up for Federal and State income taxes and FICA Medicare tax.
 
 
Termination of Participation
Last day of calendar year in which participant ceases to be an executive officer of the Company, unless participant qualifies for retirement benefits under this program.
 
 
Program Amendment and Termination
At discretion of the Company, by action of the Compensation Committee of the Board of Directors, without requirement of advance notice.
 
 
Effective Date
July 1, 2003 (for the Chairman/CEO of the Company and his/her direct reports in such positions on or after such date).
 
 
 
The Gillette Company
 
 
 
By: /s/ Edward E. Guillet
 
Senior Vice President - Human Resources
 
 
[reflects amendments adopted through August 21, 2006]