Exhibit 10.24

                               SEVERANCE AGREEMENT

     Agreement   ("Agreement")   between  Remington  Products  Company,   L.L.C.
("Remington") and _________________ ("Employee").

1.   Remington  agrees  that in the  event  of any  involuntary  termination  of
     Employee's  employment  (other than for Cause or  Disability)  on or before
     July 31, 1998, and subject to the Employee's  compliance  with the terms of
     this  Agreement and signing the Release  attached  hereto as Exhibit A (the
     "Release"),  Remington  agrees to continue to pay  Employee his then annual
     base  salary  for a period  of 6 months  after  the  effective  date of the
     termination of Employee's  employment (the "Salary  Continuation  Period").
     Remington also agrees that during the Salary  Continuation  Period, it will
     continue to provide Employee the medical benefits he was entitled to on the
     date hereof  (hereinafter  "Health Benefits") and to the extent Remington's
     insurance  plans  permit,  the  long-term  disability  and  life  insurance
     benefits Employee was entitled to on the date hereof (hereinafter  "Insured
     Benefits");  provided,  however, that the continued provision of the Health
     Benefits and the Insured Benefits will cease when Employee becomes employed
     and such new employer  provides  Employee  medical  benefits  substantially
     similar to the Health Benefits.  Any sums due pursuant to the provisions of
     this  Section  1 shall be  reduced  (a) by any  sums  payable  to  Employee
     pursuant to any  severance or  termination  pay program  maintained  by the
     Company for employees  generally and (b) 75% of any compensation  earned by
     Employee during the Salary Continuation Period.

2.   For purposes of this Agreement, the following definitions shall apply:

         a.    "Cause" shall mean a termination of the employment of Employee by
               the Company or any  subsidiary  thereof due to (i) the commission
               by Employee  of an act of fraud or  embezzlement  (including  the
               unauthorized    disclosure   of   confidential   or   proprietary
               information  of the  Company  or any  of its  subsidiaries  which
               results  in  financial   loss  to  the  Company  or  any  of  its
               subsidiaries), (ii) the commission by Employee of a felony, (iii)
               the willful  misconduct of Employee as an employee of the Company
               or any of its subsidiaries  which is reasonably  likely to result
               in  injury  or  financial  loss  to  the  Company  or  any of its
               subsidiaries  or (iv) the  willful  failure of Employee to render
               services to the Company or any of its  subsidiaries in accordance
               with the terms of Employee's  employment which failure amounts to
               a material neglect of Executive's duties to the Company or any of
               its subsidiaries.

          b.   "Disability"  shall mean the inability of Employee to perform the
               essential functions of Employee's job, with or without reasonable
               accommodation, by reason of a physical or mental infirmity, for a
               continuous  period of six months.  The period of six months shall
               be deemed continuous unless Employee returns to work for at least
               30 consecutive business days during such period and performs

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               during such period services at the level and competence that were
               performed prior to the beginning of the six-month period.

3.   Employee agrees that during the Salary  Continuation  Period,  he will not,
     without Remington's consent, directly or indirectly:

         a.    Own, manage,  participate in, consult with,  render services for,
               or in any manner engage in any business that competes anywhere in
               the  United   States  with  the  business  of  Remington  or  its
               subsidiaries  as  businesses  exist or are in the  process on the
               date of Employee's termination of employment; or

         b.    Induce or attempt  to induce any  employee  of  Remington  or its
               subsidiaries to leave the employ of Remington or such subsidiary,
               or in any way interfere with the relationship  between  Remington
               or its subsidiaries and any employee thereof

         c.    Hire any person who was employed by Remington or its subsidiaries
               as of the date of Employee's  termination of employment or during
               the Salary Continuation Period; or

         d.    Induce or attempt to induce any customer,  supplier,  licensee or
               other business relation of Remington or its subsidiaries to cease
               doing business with Remington or its  subsidiaries  or in any way
               interfere  with  the  relationship  between  any  such  customer,
               supplier,  licensee or business  relation  and  Remington  or its
               subsidiaries.

4.   Employee acknowledges that the information,  observations and data obtained
     by him while  employed by Remington  concerning  the business or affairs of
     Remington  and its  subsidiaries  that (i) are not available to the public,
     customers, suppliers and competitors of Remington (ii) are in the nature of
     trade  secrets,  or (iii)  the  disclosure  of which  could  reasonably  be
     expected  to cause a  financial  loss to  Remington,  or  otherwise  have a
     material  adverse  effect on  Remington  (collectively,  the  "Confidential
     Information") are the property of Remington or such subsidiary.  Therefore,
     Employee  agrees that he shall not disclose to any  unauthorized  person or
     use for his own  account  any  Confidential  Information  without the prior
     written   consent  of  Remington,   unless  and  to  the  extent  that  the
     aforementioned  matters become  generally known to and available for use by
     the public other than as a result of Employee's acts or omissions to act.

5.   Employee  agrees that he will,  after  termination of employment,  promptly
     return to Remington any property in his possession, custody or control that
     belongs to Remington or any of its  subsidiaries  (such property  includes,
     without  limitation,  equipment,  credit cards, keys, files, all memoranda,
     notes,  plans,  records,  reports,  computer  tapes and  software and other
     documents  and data  (and  copies  thereof)  relating  to the  Confidential
     Information,  work  product  or the  business  of  Remington  or any of its
     subsidiaries).


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6.   Employee agrees that if: (A) any provision of this Agreement or the Release
     is declared illegal or unenforceable by any court competent jurisdiction as
     the result of efforts by the  Employee,  or any person or entity  acting on
     his behalf;  or (B)  Employee  brings a claim  against any of the  Released
     Entities  (as  such  term  is  defined  in the  Release),  or any of  their
     partners,  members,  management committee members,  officers,  employees or
     agents,  Employee  will return to Remington all  consideration  that he has
     received  pursuant to this  Agreement.  In the event that Employee fails to
     return  any  consideration  under  such  circumstances,  Employee  will pay
     Remington the attorneys  fees and other  expenses  incurred by Remington in
     recovering such consideration, and in otherwise enforcing the terms of this
     Agreement.

7.   Employee  understands  and  agrees  that  in  the  event  he  breaches  the
     provisions of paragraph 3,  Remington  shall have the right to  immediately
     cease all further Salary Continuation payments.

8.   This Agreement contains the entire agreement between Remington and Employee
     relating to subject matter hereof.


     -----------------------------------------
     Employee Signature                  Date

     REMINGTON PRODUCTS COMPANY, L.L.C.

     By: ----------------------------------
          Date:




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Exhibit A to Severance Agreement
                                     RELEASE


1.   As consideration  for Employee's  agreement to be bound by the terms of the
     Severance  Agreement,  and  provided  that  Employee  does not revoke  this
     Release, Remington agrees to make the payments as provided in the Severance
     Agreement  between Remington and Employee to which this Release is attached
     as Exhibit A.

2.   Employee agrees that neither he nor his heirs, executors, administrators or
     assigns  will make,  bring or file,  or cause to be made,  brought or filed
     against Remington or any parent,  subsidiary,  or affiliated corporation or
     entity  (herein after  Remington and such other  corporations  and entities
     will be collectively referred to as the "Released Entities"), or any of the
     Released Entities current or former partners, members, management committee
     members,  officers,  employees or agents, any demand,  complaint,  cause of
     action,  claim or charge of any kind whatsoever as a result of any act that
     has heretofore occurred.

3.   Without in any way limiting the scope and effect of Paragraph 2:

         A.         Employee  represents  that he is able to read the  language,
                    and understand the meaning and effect of this Release.

         B.         Employee  acknowledges  that among the rights  knowingly and
                    voluntarily  waived in  Paragraph  2 are the rights to bring
                    any  demands,  complaints,  causes of  action,  claims,  and
                    charges under the Age  Discrimination in Employment Act, and
                    under any other federal,  state or local law,  regulation or
                    decision,  including  without  limitation laws that prohibit
                    discrimination  in  employment  on the  basis of age,  race,
                    color,  religion,  sex, national origin,  ancestry,  marital
                    status,   sexual   orientation   and   physical   or  mental
                    disability.

         C.         Employee  understands that the waiver contained in Paragraph
                    2 includes a waiver of all  demands,  complaints,  causes of
                    action, claims and charges against the Released Entities and
                    their  current  and  former  partners,  members,  management
                    committee members,  officers,  employees and agents, whether
                    known or  unknown,  asserted  or  unasserted,  suspected  or
                    unsuspected,  which Employee may have as a result of any act
                    that has heretofore occurred.

          D.        Employee   acknowledges  that  he  would  not  otherwise  be
                    entitled to the  consideration  described  in the  Severance
                    Agreement,    and   that   Remington   is   providing   such
                    consideration in return for Employee's Agreement to be bound
                    by the terms of this Release.

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          E.        Employee  acknowledges  that he has been  advised to consult
                    with an attorney regarding this Release.

          F.        Employee  acknowledges  that he was first provided with this
                    Release  on   _____________   and  has  been   given   until
                    ______________  to consider its terms;  therefore,  Employee
                    has been  given at least  twenty-one  days to  consider  the
                    terms of this Release and understands that this Release will
                    not  become  effective  or  enforceable  until  the  8th day
                    following its execution. An Employee may revoke this Release
                    during the first seven (7) days following its execution.




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                  Employee Signature                                   Date


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