Company: CL
Filing Date: 2025-03-26
Form Type: DEF 14A
Source: 0001308179-25-000223
Chunk: 41

Company: COLGATE PALMOLIVE CO
Filing Date: 2025-03-26
Form: DEF 14A
Chunk 41
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 actual performance(4) | Normal vesting continues                       |
| Resignation             | Vested stock options are exercisable for                                                                                         
 shorter of remainder of option term or three months; unvested stock options are forfeited                                        | Forfeited                                           | Forfeited                                      |

| (1) | See                                                                                         
 “Other Change-In-Control Arrangements—Equity Awards” above for a full                       
 description of the treatment of equity awards following a change in control of the Company. |

| (2) | If                                                                                      
 the employee becomes retirement-eligible during the severance period, stock options and 
 RSUs instead receive retirement treatment.                                              |

| (3) | Except                                                                 
 for special retention awards that are subject to continued employment. |

| (4) | As                                                                                      
 long as the recipient was employed for at least the first six months of the performance 
 period.                                                                                 |

The treatment described above assumes that employees comply with the terms and conditions of the applicable equity award agreements, including non-competition, non-solicitation and non-interference restrictions, in each case following termination of employment. Failure to comply with any of these requirements may result in forfeiture and/or cancellation of those equity awards.

| 54 |

Executive Compensation Potential Payments Upon Termination or Change in Control The following table sets forth the estimated incremental payments and benefits that would be payable to each Named Officer upon termination of their employment or a change in control of the Company, assuming that the triggering event occurred at year-end 2024. The estimated value of all stock options, RSUs and PBRSUs included in the table was calculated based on the closing price of our Common Stock on December 31, 2024 (and, in the case of stock options, the applicable exercise price). This table does not include:

| ● | Equity                                                                                                                    
 awards previously earned by the Named Officers that would not receive accelerated distribution upon the triggering event; |

| ● | Amounts                                                                                                                             
 previously deferred by or allocated to the Named Officers under the Deferred Compensation Plan or Supplemental Savings & Investment 
 Plan that are disclosed in the Nonqualified Deferred Compensation Table on page 52; or                                              |

| ● | The                                                                                                                          
 value of any benefits (such as accrued retirement benefits and Savings & Investment Plan balances) which do not discriminate 
 in scope, terms or operation in favor of the Named Officers and are generally available to all salaried employees.           |

| Name                  |     | Type                  
 of Payment or Benefit |     |                                    Change 
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