Exhibit 10.39

    
2017 EDGEWELL PERSONAL CARE COMPANY
FINANCIAL PLANNING PLAN

INTRODUCTION

The Edgewell Personal Care Company Financial Planning Plan is adopted for the
benefit of certain employees of Edgewell Personal Care Company and its
affiliates. Pursuant to Notice 2007-86, the Plan is operated in accordance with
applicable guidance under Section 409A of the Internal Revenue Code of 1986, as
amended, and the Company’s good faith interpretation of compliance with Section
409A. Effective January 1, 2017, the Plan will be administered in accordance
with the 2017 Statement of the Edgewell Personal Care Company Financial Planning
Plan.

I.
DEFINITIONS

1.
“Affiliated Company” means Edgewell Personal Care Company, those domestic
corporations in which Edgewell Personal Care Company owns directly or indirectly
more than 50% of the voting stock, or any other entity so designed by the
Committee.

2.
“Board” means the Board of Directors of Edgewell Personal Care Company.

3.
“Code” means the Internal Revenue Code of 1986, as amended.

4.
“Committee” means the Benefits Governance Committee appointed to administer the
Plan, its designee or any successor to such Committee. The Committee may
delegate its authority under the Plan to an individual or another committee.

5.
“Company” means Edgewell Personal Care Company.

6.
“Eligible Employee” means an Employee who meets the requirements for coverage
under Section 2.1 of the Plan.

7.
“Employee” means a person employed by the company or an Affiliated Company and
who is one of a select group of management or highly-compensated employees.

8.
“Plan” means the 2017 Edgewell Personal Care Company Financial Planning Plan.

9.
“Plan Year” means the twelve consecutive month period ending on December 31.

II.
ELIGIBILITY

2.1 Eligible Employees. The class of Employees eligible for coverage under this
Plan is executives authorized by the Committee.

2.2 Termination of Participation. An Eligible Employee shall cease participating
in the Plan as of the date the Eligible Employee terminates employment with the
Company and all Affiliated Companies. If an Eligible Employee dies while
actively employed by the company or an Affiliated Company, expenses incurred
prior to the Eligible Employee’s death will be reimbursed in accordance with
Section 3.1.

III.
BENEFITS

3.1 Amount of Reimbursement. The Eligible Employee shall select the advisor or
advisors to perform the services described in Section 3.2. The Company will
reimburse the Eligible Employee in an amount equal to 80% of the expenses
incurred by the Eligible Employee for the services performed in accordance with
Section 3.2. Eligible Employees shall submit requests for reimbursement to the
Committee or individual designated to administer the Plan. Reimbursements will
be paid not later than the end of the calendar year following the calendar year
in which the expenses were incurred.

The maximum amount that will be reimbursed for expenses incurred during a Plan
Year for services described in Section 3.2 is US$5,000.

If an Eligible Employee dies while an active Employee, the estate of the
Eligible Employee may be reimbursed for expenses incurred by the Eligible
Employee prior to his or her death for the Covered Services described below.
Reimbursements will be paid not later than the end of the calendar year
following the calendar year in which the expenses were incurred.

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3.2 Reimbursable Expenses. An Eligible Employee (or his or her estate, if
applicable) shall be reimbursed for expenses incurred for the Covered Services
described below:
a) Overall financial planning related to:
•
Investments

•
Cash flow and budgeting

•
Estate

•
Tax

•
Retirement

•
Insurance needs analysis

•
Educational funding

•
Company compensation and benefits

b) Preparation of legal documents
•
Wills

•
Trusts

•
Tax Returns

a)
Personal Computer Software Programs for:

•
Tax Compliance

•
Cash flow and budgeting

•
Other topics related to overall financial planning or the preparation of legal
documents

3.3 Excluded Services. An Eligible Employee shall not be reimbursed for expenses
incurred for the Excluded Services described below:
a) Financial service commissions such as broker’s fees and mutual fund fees
b) Fees related to the Eligible Employee’s (or spouse’s) “active” financial
interest or legal obligations in any outside business, except to the extent of
direct impact on the executive’s tax returns.
c) Trust fees to banks or other financial institutions.

IV. TAX DEDUCTIBILITY AND WITHHOLDING

Reimbursements made under this Plan are taxable income to the Eligible Employee
and will be handled as such by the Company. Reimbursements are not used in
calculating benefit earnings for Company benefit plans.

V. AMENDMENT AND TERMINATION

The Board and the Committee are each empowered to amend, modify or terminate
this Plan at any time. A termination of the Plan must comply with the provisions
of Code Section 409A and the regulations and guidance promulgated thereunder,
including, but not limited to, restrictions on the timing of final distributions
and the adoption of future deferred compensation arrangements.

VI. SECTION 409A COMPLIANCE

No provision of this Plan shall be operative to the extent that it will result
in the imposition of the additional tax described in Code Section
409A(a)(1)(B)(i)(II) because of failure to satisfy the requirements of Code
Section 409A and the regulations and guidance issued thereunder.

IN WITNESS WHEREOF, the Company has caused this Plan to be executed by a duly
authorized officer this 31st day of August, 2017.

EDGEWELL PERSONAL CARE COMPANY

BY: /s/ John Hill
TITLE: VP Human Resources