Exhibit 10(j)

 

AMENDMENT TO

SEVERANCE AGREEMENT

 

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 “Executive”).

 

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

 

   2.49 for William J. Cernugel and non-named executive officers

 

ALBERTO-CULVER COMPANY By      

--------------------------------------------------------------------------------

EXECUTIVE:

 

Subscribed and Sworn to before me

this      day of                     

 

Notary Public