FORM A

EXHIBIT 10-3

The Procter & Gamble 2014 Stock and Incentive Compensation Plan – Related
correspondence

1 For Deferred Compensation, please complete and return Election to Defer (Form
B). First time participants also complete and return the Designation of Payment
Form (Form C) and the Beneficiary Designation Form.
2 These RSUs are Form OPNND which are deferrable and do not receive dividend
equivalents.
3 These RSUs are Form KM which deliver as shares in five years and no dividend
equivalents.

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        FORM A

20XX Executive Compensation Payment Preferences

20XX Base Salary                        

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_______%    Deferred Compensation1 (max 75%)  

20XX/XX STAR Award                            

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_____%    Cash*
}
 
_____%    Stock Options
Must equal 100%
_____%    Deferred Compensation1    
 

        
20XX Key Manager Long Term Incentive Award

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

_____%    Stock Options*                  (0%, 25%, 50%, 75%, 100%)
}
Must equal 100%
_____%    Restricted Stock Units (RSUs) 3   (0%, 25%, 50%, 75%, 100%)

20XX-XX Performance Stock Program (PSP) Award

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_____% Common Shares* (delivered on [date])
}
Must equal 100%
_____% Restricted Stock Units (RSUs) 2

_______ Deliver shares one year after separation or per my retirement RSU
election (default delivery)
_______ Deliver shares on August 18, ________ (Must be 20XX or later)
                                                    
Your signature below indicates your agreement that any awards granted or paid
pursuant to the STAR and/or PSP programs will be subject to the terms of the
Senior Executive Officer Recoupment Policy. This Policy provides that in the
event of a significant restatement of financial results, if compensation paid
pursuant to STAR and/or PSP would have been lower based on restated results, the
Compensation and Leadership Development Committee may seek to recoup from the
senior executive officers some or all of the compensation paid pursuant to STAR
and/or PSP.

In addition, your signature indicates your understanding that you are required
to own a minimum amount of P&G stock and that you are in compliance with this
program and the associated holding requirements that may be required. A copy of
both the Senior Executive Officer Recoupment Policy and the Executive Share
Ownership Program & Stock Option Exercise Holding Requirement are available from
[NAME].

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

Print Name    
                                

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

Signature                                    Date

Sign, scan and email this form to [NAME], or mail to [NAME] by [DATE]; otherwise
all awards will be paid in the default form.

*Default payment form

1 For Deferred Compensation, please complete and return Election to Defer (Form
B). First time participants also complete and return the Designation of Payment
Form (Form C) and the Beneficiary Designation Form.
2 These RSUs are Form OPNND which are deferrable and do not receive dividend
equivalents.
3 These RSUs are Form KM which deliver as shares in five years and no dividend
equivalents.

1 For Deferred Compensation, please complete and return Election to Defer (Form
B). First time participants also complete and return the Designation of Payment
Form (Form C) and the Beneficiary Designation Form.
2 These RSUs are Form OPNND which are deferrable and do not receive dividend
equivalents.
3 These RSUs are Form KM which deliver as shares in five years and no dividend
equivalents.

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

        FORM A v2

20XX Executive Compensation Payment Preferences

20XX Base Salary                        

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

_______%    Deferred Compensation1 (max 75%)  

20XX/XX STAR Award                            

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

_____%    Cash*
}
 
_____%    Stock Options
Must equal 100%
_____%    Deferred Compensation1    
 

20XX Key Manager Long Term Incentive Award

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

_____%    Stock Options*                  (0%, 25%, 50%, 75%, 100%)
}
Must equal 100%
_____%    Restricted Stock Units (RSUs) 2   (0%, 25%, 50%, 75%, 100%)

Performance Stock Program (PSP) Award

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

No action is required since you do not have a PSP award settling next August.
                                                    
Your signature below indicates your agreement that any awards granted or paid
pursuant to the STAR and/or PSP programs will be subject to the terms of the
Senior Executive Officer Recoupment Policy. This Policy provides that in the
event of a significant restatement of financial results, if compensation paid
pursuant to STAR and/or PSP would have been lower based on restated results, the
Compensation and Leadership Development Committee may seek to recoup from the
senior executive officers some or all of the compensation paid pursuant to STAR
and/or PSP.

In addition, your signature indicates your understanding that you are required
to own a minimum amount of P&G stock and that you are in compliance with this
program and the associated holding requirements that may be required. A copy of
both the Senior Executive Officer Recoupment Policy and the Executive Share
Ownership Program & Stock Option Exercise Holding Requirement are available from
[NAME].

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

Print Name    
                                

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

Signature                                    Date

Sign, scan and email this form to [NAME], or mail to [NAME] by [DATE]; otherwise
all awards will be paid in the default form.

*Default payment form

1 For Deferred Compensation, please complete and return Election to Defer (Form
B). First time participants also complete and return the Designation of Payment
Form (Form C) and the Beneficiary Designation Form.
2 These RSUs are Form KM which deliver as shares in five years and no dividend
equivalents.

1 For Deferred Compensation, please complete and return Election to Defer (Form
B). First time participants also complete and return the Designation of Payment
Form (Form C) and the Beneficiary Designation Form.
2 These RSUs are Form KM which deliver as shares in five years and no dividend
equivalents.

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

        FORM A - AGL

20XX Executive Compensation Payment Preferences

20XX Base Salary                        

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

_______%    Deferred Compensation1 (max 75%)    

20XX/XX STAR Award                            

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

_____%    Cash*
}
 
_____%    Stock Options
Must equal 100%
_____%    Deferred Compensation1    
 

    
20XX Key Manager Long Term Incentive Award (Pending Comp Committee Approval)

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

_____%    Stock Options*                  (0%, 25%, 50%, 75%, 100%)
}
Must equal 100%
_____%    Restricted Stock Units (RSUs) 2   (0%, 25%, 50%, 75%, 100%)

_______    Deliver shares on February 28, 20XX
_______    Deliver shares in 10 annual installments beginning February 28, 20XX

Performance Stock Program (PSP) Award

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

No action is required since you do not have a PSP award settling next August.
                                                    
Your signature below indicates your agreement that any awards granted or paid
pursuant to the STAR and/or PSP programs will be subject to the terms of the
Senior Executive Officer Recoupment Policy. This Policy provides that in the
event of a significant restatement of financial results, if compensation paid
pursuant to STAR and/or PSP would have been lower based on restated results, the
Compensation and Leadership Development Committee may seek to recoup from the
senior executive officers some or all of the compensation paid pursuant to STAR
and/or PSP.

In addition, your signature indicates your understanding that you are required
to own a minimum amount of P&G stock and that you are in compliance with this
program and the associated holding requirements that may be required. A copy of
both the Senior Executive Officer Recoupment Policy and the Executive Share
Ownership Program & Stock Option Exercise Holding Requirement are available from
[NAME].

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

Print Name    
                                

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

Signature                                    Date

Sign, scan and email this form to [NAME], or mail to [NAME] by [DATE]; otherwise
all awards will be paid in the default form.

*Default payment form

1 For Deferred Compensation, please complete and return Election to Defer (Form
B). First time participants also complete and return the Designation of Payment
Form (Form C) and the Beneficiary Designation Form.
2 These RSUs are Form KM which deliver as shares in five years and no dividend
equivalents.
    

1 For Deferred Compensation, please complete and return Election to Defer (Form
B). First time participants also complete and return the Designation of Payment
Form (Form C) and the Beneficiary Designation Form.
2 These RSUs are Form KM which deliver as shares in five years and no dividend
equivalents.