Document:

EX-10.12

 Exhibit 10.12 

Employment Agreement 

This Employment Agreement (this “Agreement”), dated as of November 2018, is made by and among Clover Acquisition Holdings
Inc., a Delaware corporation (“Parent”), The Nature’s Bounty Co., a Delaware corporation and an indirect wholly-owned subsidiary of Parent (together with any successor thereto, the “Company”), and Edward W.
McCormick (“Executive”) (collectively referred to herein as the “Parties”). 
 RECITALS 

 

	A.	 It is the desire of the Company to assure itself of the services of Executive to the Company by entering into
this Agreement. 

  

	B.	 Executive and the Company mutually desire that Executive provide services to the Company on the terms herein
provided. 

 AGREEMENT 

NOW, THEREFORE, in consideration of the foregoing and of the respective covenants and agreements set forth below, the Parties hereto agree as
follows: 
  

	1.	 Employment. 

(a) General. The Company shall employ Executive and Executive shall enter the employ of the Company, for the period and
in the position set forth in this Section 1, and upon the other terms and conditions herein provided. 

(b) Employment Term. The initial term of employment under this Agreement (the “Term”) shall be for the
period beginning on December 10, 2018 (the “Start Date”) and ending on the fifth anniversary thereof, subject to earlier termination as provided in Section 3. The Term shall automatically renew for additional one
(1) year periods unless no later than sixty (60) days prior to the end of the otherwise applicable Term, either party gives written notice of non-renewal (“Notice of Non-Renewal”) to the other, in which case Executive’s employment will terminate at the end of the then-applicable Term or any earlier date set by the Company in accordance with Section 3
and subject to earlier termination as provided in Section 3. 
 (c) Position and Duties. 

(i) Executive shall serve as Chief Financial Officer of the Company and Parent with the responsibilities, duties and authority
customarily associated with such position in a company the size and nature of the Company and such other responsibilities, duties and authority commensurate with such position, as may from time to time be assigned to Executive by the Chief Executive
Officer of the Company (“CEO”) or the Board of Directors of Parent (the “Board”). Executive shall report to the CEO. Executive shall devote substantially all of his working time and efforts to the business and
affairs of the Company, and Executive shall not serve on any corporate, industry or civic boards or committees without the prior consent of the Board; provided that 

 Executive shall be permitted to serve on charitable boards, be involved in charitable
activities and manage his passive personal and family investments so long as such activities do not materially interfere with Executive’s duties hereunder or violate any covenant contained in Section 5, 6 or 7. 

(ii) Executive’s principal place of employment shall be the offices of the Company in either New Jersey and or Ronkonkoma,
New York. 
  

	2.	 Compensation and Related Matters. 

(a) Annual Base Salary. During the Term, Executive shall receive a base salary at a rate of $425,000 per annum (as
increased from time to time, the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company. Such Annual Base Salary shall be reviewed (and may be increased, but not decreased) from
time to time by the Board or an authorized committee of the Board. 
 (b) Annual Bonus Opportunity. For each fiscal
year of Parent that ends during the Term, Executive will be eligible to participate in an annual bonus program established by the Board (the “Annual Bonus”). Executive’s Annual Bonus compensation under such bonus program shall
be targeted at 75% of his Annual Base Salary. Unless determined otherwise by the Board (or an authorized committee of the Board), the bonus awards payable under the incentive program shall be based on the achievement of EBITDA based performance
goals to be determined by the Board (or an authorized committee of the Board). The Annual Bonus, if any, earned for a fiscal year shall be paid as soon as reasonably practicable following the end of the applicable fiscal year, but in no event shall
it be paid after the two and one-half (2 1⁄2) month period beginning on the first day of the fiscal year following the fiscal year to which the Annual Bonus relates. 

(c) Sign-On Bonus. Executive will be eligible for a
sign-on bonus of $100,000. $50,000 of the bonus will be issued within the first 30 days of service and the remaining $50,000 will be issued in June 2019. In the event Executive voluntarily terminates
employment for any reason or employment is terminated by Employer with “Cause” before the first anniversary of the last bonus payment, Executive will repay the Employer the entire signing bonus. Such repayment shall be made in full within
90 days of the termination of employment. The sign on bonus is subject to all applicable payroll taxes. 
 (d)
Benefits. During the Term, Executive (and his eligible dependents) shall be eligible to participate in employee benefit plans, programs and arrangements of the Company applicable to senior-level executives (including, without limitation,
profit sharing, retirement, health insurance, sick leave and other benefits) and consistent with the terms thereof, as in effect from time to time, excluding severance programs. 

  
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 (e) Vacation. During the Term, Executive shall be entitled to paid
vacation in accordance with the Company’s vacation policies applicable to senior executives of the Company, as it may be amended from time to time; provided, that, in no event shall Executive be entitled to more than four (4) weeks
of paid vacation annually. Any vacation shall be taken at the reasonable and mutual convenience of the Company and Executive. 

(f) Expenses. During the Term, the Company shall reimburse Executive for all reasonable travel and other business
expenses incurred by Executive in the performance of Executive’s duties to the Company in accordance with the Company’s expense reimbursement policy. 

(g) Key Person Insurance. At any time during the Term, the Company shall have the right (but not the obligation) to
insure the life of Executive for the Company’s sole benefit. The Company shall have the right to determine the amount of insurance and the type of policy. Executive shall reasonably cooperate with the Company in obtaining such insurance by
submitting to reasonable physical examinations, by supplying all information reasonably required by any insurance carrier, and by executing all necessary documents reasonably required by any insurance carrier. Executive shall incur no financial
obligation by executing any required document, and shall have no interest in any such policy. 
  

	3.	 Termination. 

Executive’s employment hereunder may be terminated by the Company or Executive, as applicable, without any breach of this Agreement under
the following circumstances: 
 (a) Circumstances. 

(i) Death. Executive’s employment hereunder shall terminate upon Executive’s death. 

(ii) Disability. If Executive has incurred a Disability, as defined below, the Company may terminate Executive’s
employment while Executive remains Disabled, provided that a Disability termination shall occur automatically in the event of a Disability pursuant to the second sentence of the definition thereof. 

(iii) Termination for Cause. The Company may terminate Executive’s employment for Cause, as defined below. 

(iv) Termination without Cause. The Company may terminate Executive’s employment without Cause. 

(v) Resignation from the Company for Good Reason. Executive may resign Executive’s employment with the Company for
Good Reason, as defined below. 

  
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 (vi) Resignation from the Company Without Good Reason. Executive may
resign Executive’s employment with the Company for any reason other than Good Reason or for no reason. 
 (vii) Non-extension of Term by the Company. The Company may give notice of non-extension to Executive pursuant to Section 1. 

(viii) Non-extension of Term by Executive. Executive may give notice of
non-extension to the Company pursuant to Section 1. 
 (b) Notice of Termination. Any termination of
Executive’s employment by the Company or by Executive under this Section 3 (other than termination pursuant to paragraph (a)(i)) shall be communicated by a written notice to the other party hereto (i) indicating the specific
termination provision in this Agreement relied upon, (ii) setting forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Executive’s employment under the provision so indicated, and
(iii) specifying a Date of Termination which, if submitted by Executive, shall be at least thirty (30) days following the date of such notice (a “Notice of Termination”); provided, that in the event that Executive
delivers a Notice of Termination to the Company, the Company may, in its sole discretion, change the Date of Termination to any date that occurs following the date of Company’s receipt of such Notice of Termination and is prior to the date
specified in such Notice of Termination. A Notice of Termination submitted by the Company may provide for a Date of Termination on the date Executive receives the Notice of Termination, or any date thereafter elected by the Company in its sole
discretion, but not more than thirty (30) days after the giving of the notice without Executive’s prior written consent. The failure by either Party hereunder to set forth in the Notice of Termination any fact or circumstance which
contributes to a showing of Cause or Good Reason (as applicable) shall not waive any right of such Party or preclude such Party from asserting such fact or circumstance in enforcing such Party’s rights hereunder. 

(c) Company Obligations upon Termination (including due to death and Disability). Upon termination of Executive’s
employment pursuant to any of the circumstances listed in Section 3, Executive (or Executive’s estate) shall be entitled to receive the sum of: (i) the portion of Executive’s Annual Base Salary earned through the Date of
Termination, but not yet paid to Executive within thirty (30) days of termination; (ii) any accrued vacation owed to Executive under the Company’s vacation policy within thirty (30) days of termination; (iii) any expenses
owed to Executive pursuant to Section 2(f) in accordance with such section; (iv) except in the case of a termination by the Company for Cause, the bonus earned for any completed fiscal year at the time it would otherwise have been paid
if Executive continued to be employed (including as to any deferrals); and (v) any amount accrued and arising from Executive’s participation in, or benefits accrued under any employee benefit plans, programs or arrangements, which amounts
shall be payable in accordance with the terms and conditions of such employee benefit plans, programs or arrangements (collectively, the “Company Arrangements”). Except as otherwise expressly required by law (e.g., COBRA) or
as specifically provided herein, all of Executive’s rights to 

  
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 salary, severance, benefits, bonuses and other amounts hereunder (if any) shall cease upon
the termination of Executive’s employment hereunder. In the event that Executive’s employment is terminated by the Company for any reason, Executive’s sole and exclusive remedy with regard to the nonequity compensation for services
shall be to receive the severance payments and benefits described in this Section 3(c) or Section 4, as applicable. The foregoing shall not limit any of Executive’s rights with regard to equity (which shall be controlled
by the relevant plan and grants) or any rights to indemnification, advancement of legal fees, and coverage under directors and officers liability insurance. 

(d) Deemed Resignation. Upon termination of Executive’s employment for any reason, Executive shall be deemed to
have resigned from all offices and directorships, if any, then held with the Company or any of its affiliates. 
  

	4.	 Severance Payments. 

(a) Termination for Cause, or Termination Upon Death, Disability, Resignation from the Company Without Good Reason, or Non-extension of Term by Executive. If Executive’s employment shall terminate as a result of Executive’s death pursuant to Section 3(a)(i) or Disability pursuant to Section
3(a)(ii), pursuant to Section 3(a)( iii) for Cause, pursuant to Section 3(a)(vi) for Executive’s resignation from the Company without Good Reason, or for no reason, or pursuant to
Section 3(a)(viii) due to non-extension of the Term by Executive, Executive shall not be entitled to any severance payments or benefits, except as provided in Section 3(c). 

(b) Termination without Cause, Resignation from the Company With Good Reason or Termination upon Non-Extension of the Term by the Company. If Executive’s employment shall terminate without Cause pursuant to Section 3(a)(iv), pursuant to Section 3(a)(v) due to Executive’s resignation for
Good Reason, or pursuant to Section 3(a)(vii) due to non-extension of the Term by the Company, then, subject to Executive signing on or before the 50th
day following Executive’s termination of employment, and not revoking, a release of claims in the form attached as Exhibit A to this Agreement, and Executive’s continued compliance with Sections 5 and 6 up to the date of any such payment,
subject to Section 11(1) hereof, Executive shall receive, in addition to payments and benefits set forth in Section 3(c), (1) an amount in cash equal to one times the Annual Base Salary of Executive as of the Date of Termination, payable
in the form of salary continuation payments in regular installments over the twelve month period following the date of Executive’s Date of Termination in accordance with the Company’s normal payroll practices, and (2) if Executive and
any of Executive’s eligible dependents, in each case, who participate in the Company’s medical, dental, vision and prescription drug plans as of the date of termination, timely elect COBRA coverage under such plans, the Company shall pay
directly, or reimburse Executive for, a portion of such COBRA premiums (on a monthly basis) equal to the employer portion of the premium for active employees for a period of twelve (12) months following the date of termination; provided,
that if and to the extent that any benefit described in this clause (2) is not or cannot be paid or provided under any Company plan or program without adverse tax consequences to 

  
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 the Company, then the Company shall pay Executive a monthly payment in an amount equal to
the Company’s cost of providing such benefit. The reimbursement of such premiums (or the monthly payment, if applicable) provided under clause (2) of this Section 4(b) shall cease to be effective as of the date Executive becomes
eligible for coverage under the medical, dental, vision and prescription drug insurance plans of a subsequent employer with respect to the corresponding benefit provided hereunder. 

(c) Survival. Notwithstanding anything to the contrary in this Agreement, the provisions of Sections 5
through 9 and Section 11 will survive the termination of Executive’s employment and the expiration or termination of the Term. 

5.       Non-Competition;
Non-Solicitation; No-Hire. Executive acknowledges that the Company will provide Executive with access to its Confidential Information (as defined below). In consideration for the rights provided
to Executive as set forth in this Agreement and the Company’s provision of Confidential Information to Executive, the Company and Executive agree to the following provisions against unfair competition, which Executive acknowledges represent a
fair balance of the Company’s rights to protect its business and Executive’s right to pursue employment: 
 (a)
Executive shall not, at any time during the Restriction Period, directly or indirectly engage in, have any equity interest in or manage or operate any person, firm, corporation, partnership or business (whether as director, officer, employee, agent,
representative, partner, manager, security holder, consultant or otherwise) that engages in any business which competes with any part of any Material portion of the Business (as defined below) of the Company. Nothing herein shall prohibit Executive
from being a passive owner of not more than 2% of the outstanding equity interest in any entity that is publicly traded, so long as Executive has no active participation in the business of such entity. The parties acknowledge that retail outlet
companies shall not be deemed competitive with the Company unless their primary business is selling products competitive with those of the Company. “Material” for purposes of this paragraph will be measured only at the time of
Executive’s Date of Termination, provided that, if it is intended at such time for the Company to (i) acquire another entity, such target entity shall also be considered in the determination, or (ii) to enter into any other business,
such other business shall also be considered in the determination so long as the Company has taken any substantial steps in furtherance of such business during the Term. 

(b) Executive shall not, at any time during the Restriction Period, except in the good faith performance of his duties with the
Company, directly or indirectly, recruit or otherwise solicit or induce any employee, customer or supplier of the Company (i) to terminate its employment or arrangement with the Company, or (ii) to otherwise change its relationship with
the Company. Executive shall not, at any time during the Restriction Period, directly or indirectly, either for Executive or for any other person or entity, (x) solicit any employee of the Company to terminate his or her employment with the
Company, (y) employ any such individual during his or her employment with the Company and for a period of six months after such individual terminates his or her employment with the Company or (z) solicit any vendor or

  
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 business affiliate of the Company to cease to do business with the Company. The foregoing
shall not be violated by general advertising not specifically targeted at the prohibited group or by providing upon request of an employee or a former employee a reference to any entity with which Executive is not affiliated so long as Executive is
not initially identifying the individual to said entity. 
 (c) Executive acknowledges and agrees that (i) the
Company’s Business competes on a global basis, (ii) Executive’s duties and responsibilities, access to Confidential Information, and/or access to client and/or customer relationships are not limited by or to any specific geographic
location, (iii) the global nature of the non-compete and non-solicitation restrictions contained in this Section 5 and time limitations applicable thereto are reasonable and
necessary to protect the Company’s legitimate business interests and Confidential Information, and (iv) the non-compete and non-solicitation restrictions
contained in this Section 5 are sufficiently tailored and do not prevent Executive from working in the vitamins, minerals, and health supplements industry. In the event the terms of this Section 5
shall be determined by any court of competent jurisdiction to be unenforceable by reason of its extending for too great a period of time or over too great a geographical area or by reason of its being too extensive in any other respect, it will be
interpreted to extend only over the maximum period of time for which it may be enforceable, over the maximum geographical area as to which it may be enforceable, or to the maximum extent in all other respects as to which it may be enforceable, all
as determined by such court in such action. 
 (d) As used in this Section 5, (i) the term
“Company” shall include the Parent, the Company and the Parent’s direct and indirect subsidiaries and affiliates, (ii) the term “Business” shall mean the business of the Company and shall include, without
limitation, the manufacturing, marketing and/or retailing of vitamins, minerals and health supplements throughout the world as such business may be expanded or altered by the Company during the Term, provided, that the term
“Business” shall not include any business of the Company materially entered into after Executive’s termination of employment so long as the Company has not taken any substantial steps in furtherance of such business during the Term;
and (iii) the term “Restriction Period” shall mean the period beginning on the Start Date and ending on the date that is twelve (12) months following the Date of Termination. 

(e) Subject to Section 6(e), Executive hereto agrees that at no time during Executive’s
employment by the Company or at any time thereafter shall Executive make, or cause or assist any other person to make, with intent to damage, any public statement or other public communication which impugns or attacks, or is otherwise critical, in
any material respect, of, the reputation, business or character of the Company and/or Parent or any of their respective subsidiaries or affiliates. Notwithstanding the foregoing, nothing in this paragraph shall prevent Executive from
(i) responding to incorrect, disparaging or derogatory public statements to the extent necessary to correct or refute such public statements, (ii) making any truthful statement (A) to the extent necessary in connection with any
litigation involving this Agreement, including, but not limited to, the enforcement of this Agreement, (B) to the extent required by law or by any court, arbitrator, mediator or administrative or legislative body (including any committee thereof)
with apparent jurisdiction or authority to order or require such person to disclose or make accessible such information, or (C) that is a normal comparative statement in the context of advertising, promotion or solicitation of customers,
without reference to Executive’s prior relationship with the Company or (iii) conferring in confidence with Executive’s legal representatives. 

  
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 (f) Executive represents that Executive’s employment by the Company
does not and will not breach any agreement with any former employer, including any non-compete agreement or any agreement to keep in confidence or refrain from using information acquired by Executive prior to
Executive’s employment by the Company. During Executive’s employment by the Company, Executive agrees that Executive will not violate any non-solicitation agreements Executive entered into with any
former employer or improperly make use of, or disclose, any information or trade secrets of any former employer or other third party, nor will Executive bring onto the premises of the Company or use any unpublished documents or any property
belonging to any former employer or other third party, in violation of any lawful agreements with that former employer or third party. The Company represents that it will not require or request Executive to breach any agreement with any former
employer as to non-competition, non-solicitation, confidentiality or restrictions of similar nature that it is made aware of by Executive. 

 

	6.	 Nondisclosure of Proprietary Information. 

(a) Except in connection with the good faith performance of Executive’s duties hereunder or pursuant to Sections 6(c)
and (e), Executive shall, in perpetuity, maintain in confidence and shall not directly, indirectly or otherwise, use, disseminate, disclose or publish, or use for Executive’s benefit or the benefit of any person, firm, corporation or other
entity any confidential or proprietary information or trade secrets of or relating to the Company (including, without limitation, business plans, business strategies and methods, acquisition targets, intellectual property in the form of patents,
trademarks and copyrights and applications therefor, ideas, inventions, works, discoveries, improvements, information, documents, formulae, practices, processes, methods, developments, source code, modifications, technology, techniques, data,
programs, other know-how or materials, owned, developed or possessed by the Company, whether in tangible or intangible form, information with respect to the Company’s operations, processes, products,
inventions, business practices, finances, principals, vendors, suppliers, customers, potential customers, marketing methods, costs, prices, contractual relationships, regulatory status, prospects and compensation paid to employees or other terms of
employment) (collectively, the “Confidential Information”), or deliver to any person, firm, corporation or other entity any document, record, notebook, computer program or similar repository of or containing any such Confidential
Information. The Parties hereby stipulate and agree that, as between them, any item of Confidential Information is important, material and confidential and affects the successful conduct of the businesses of the Company (and any successor or
assignee of the Company). Notwithstanding the foregoing, 

  
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 Confidential Information shall not include any information that has been published in a form
generally available to the public prior to the date Executive proposes to disclose or use such information, provided, that such publishing of the Confidential Information shall not have resulted from Executive directly or indirectly breaching
Executive’s obligations under this Section 6(a) or any other similar provision by which Executive is bound. For the purposes of the previous sentence, Confidential Information will not be deemed to have been published
or otherwise disclosed merely because individual portions of the information have been separately published, but only if all material features comprising such information have been published in combination. 

(b) Upon termination of Executive’s employment with the Company for any reason, Executive will promptly deliver to the
Company all correspondence, drawings, manuals, letters, notes, notebooks, reports, programs, plans, proposals, financial documents, or any other documents or property of the Company or concerning the Company’s customers, business plans,
marketing strategies, products, property or processes. Executive may retain and utilize his rolodex and similar address books (hard copy or electronic) containing only contact information. 

(c) Executive may respond to a lawful and valid subpoena or other legal process but (i) shall give the Company prompt
notice thereof, (ii) upon request of the Company, shall make available to the Company and its counsel the documents and other information sought, as much in advance of the due date thereof as reasonably possible, and (iii) shall reasonably
assist such counsel at the Company’s expense in resisting or otherwise responding to such process. 
 (d) As used in
this Section 6 and Section 7, the term “Company” shall include the Company and its direct and indirect subsidiaries and the Parent. 

(e) Nothing in this Agreement shall prohibit or impede Executive from communicating, cooperating or filing a complaint with any
U.S. federal, state or local governmental or law enforcement branch, agency or entity (collectively, a “Governmental Entity”) with respect to possible violations of any U.S. federal, state or local law or regulation, or otherwise
making disclosures to any Governmental Entity, in each case, that are protected under the whistleblower provisions of any such law or regulation; provided, that in each case such communications and disclosures are consistent with applicable
law. Executive does not need the prior authorization of (or to give notice to) the Company regarding any such communication or disclosure. Executive understands and acknowledges that an individual shall not be held criminally or civilly liable under
any Federal or State trade secret law for the disclosure of a trade secret that is made (A) in confidence to a Federal, State, or local government official or to an attorney solely for the purpose of reporting or investigating a suspected
violation of the law; or (B) in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal. Executive understands and acknowledges further that an individual who files a lawsuit for retaliation by an
employer for reporting a suspected violation of law may disclose the trade secret to the attorney of the individual and use the trade secret information in the 

  
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court proceeding, if the individual files any document containing the trade secret under seal; and does not disclose the trade secret, except pursuant to court order. Notwithstanding the
foregoing, under no circumstance is Executive authorized to disclose any information covered by the Company’s attorney-client privilege or attorney work product without the prior written consent of the Company’s General Counsel. Nothing in
this Agreement shall prohibit Executive from (i) disclosing information and documents when required by law, subpoena or court order (subject to the requirements of Section 6(c) above), (ii) disclosing information and documents to
Executive’s attorney or tax adviser for the purpose of securing legal or tax advice or to governmental taxing authorities, (iii) disclosing Executive’s post-employment restrictions in this Agreement or elsewhere in confidence to any
potential new employer, or (iv) retaining, at any time, Executive’s personal correspondence, Executive’s personal contacts and documents related to Executive’s own personal benefits, entitlements and obligations. 

 

	7.	 Inventions. 

All rights to discoveries, inventions, improvements and innovations (including all data and records pertaining thereto) related to the business
of the Company, whether or not patentable, copyrightable, registrable as a trademark, or reduced to writing, that Executive may discover, invent or originate during the Term, either alone or with others and whether or not during working hours or by
the use of the facilities of the Company (“Inventions”), shall be the exclusive property of the Company. Executive shall promptly disclose all Inventions to the Company, shall execute at the request of the Company, and at its
expense, any assignments or other documents the Company may deem reasonably necessary to protect or perfect its rights therein, and shall reasonably assist the Company, upon reasonable request and at the Company’s expense, in obtaining,
defending and enforcing the Company’s rights therein. Executive hereby appoints the Company as Executive’s attorney-in-fact to execute on Executive’s behalf any assignments or other documents reasonably deemed necessary by the Company
to protect or perfect its rights to any Inventions. 
  

	8.	 Injunctive Relief. 

It is recognized and acknowledged by Executive that a breach of the covenants contained in Sections 5, 6 and 7 will cause irreparable
damage to the Company and its goodwill, the exact amount of which will be difficult or impossible to ascertain, and that the remedies at law for any such breach will be inadequate. Accordingly, Executive agrees that in the event of a breach of any
of the covenants contained in Sections 5, 6 and 7, in addition to any other remedy which may be available at law or in equity, the Company will be entitled to specific performance and injunctive relief. 

 

	9.	 Assignment and Successors. 

The Company may assign its rights and obligations under this Agreement to any successor to all or substantially all of the business or the
assets of the Company (by merger or otherwise), and may assign or encumber this Agreement and its rights hereunder as security for indebtedness of the Company and its affiliates, provided that the assignee delivers to Executive a 

  
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 written assumption of the obligations hereunder. The Company’s rights and obligations may not otherwise
be assigned hereunder. This Agreement shall be binding upon and inure to the benefit of the Company, Parent, Executive and their respective successors, assigns, personnel and legal representatives, executors, administrators, heirs, distributees,
devisees, and legatees, as applicable. None of Executive’s rights or obligations may be assigned or transferred by Executive, other than Executive’s rights to payments hereunder, which may be transferred only by will or operation of law.
Notwithstanding the foregoing, Executive shall be entitled, to the extent permitted under applicable law and applicable Company Arrangements, to select and change a beneficiary or beneficiaries to receive compensation hereunder following
Executive’s death by giving written notice thereof to the Company. 
  

	10.	 Certain Definitions. 

(a) Cause. The Company shall have “Cause” to terminate Executive’s employment hereunder upon: 

(i) Executive’s willful misconduct with regard to the Company that results in a significant adverse impact on the Company;
provided that no act or failure to act on Executive’s part will be considered “willful” unless done, or omitted to be done, by Executive not in good faith or without reasonable belief that his action or omission was in the best
interests of the Company; 
 (ii) Executive’s commission of, or plea of nolo contendere to, a felony or
intentional crime involving material dishonesty other than, in any case, vicarious liability or traffic violations; 
 (iii)
Executive’s conduct involving the use of illegal drugs; 
 (iv) Executive’s failure to attempt in good faith (other
than when absent because of physical or mental incapacity) to follow a lawful directive of the Board within ten (10) days after written notice of such failure; and/or 

(v) Executive’s breach of any provision contained in Sections 5 through 7, which continues beyond ten
(10) days after written demand for substantial performance is delivered to Executive by the Company (to the extent that, in the reasonable judgment of the Board, such breach can be cured by Executive), so long as the breach (which shall be
deemed to refer to all breaches in this paragraph) is (A) material and (B) results in a significant adverse impact on the Company. 

(b) Date of Termination. “Date of Termination” shall mean (i) if Executive’s employment is
terminated by Executive’s death, the date of Executive’s death; (ii) if Executive’s employment is terminated pursuant to Section 3(a)(ii)—(vi) either the date indicated in the Notice of Termination or the date
specified by the Company pursuant to Section 3(b), whichever is earlier; (iii) if Executive’s employment is terminated pursuant to Section 3(a)(vii) or Section 3(a)(viii), the expiration of
the then-applicable Term. 

  
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 (c) Disability. “Disability” shall have occurred when
Executive has been unable to perform his material duties because of physical or mental incapacity for a period of 90 consecutive days or for 180 days in any 365 day period, as determined by a physician selected by the Company or its insurers and
acceptable to Executive or Executive’s legal representative, with such agreement as to acceptability not to be unreasonably withheld or delayed. Executive also agrees to furnish such medical information as may be reasonably requested.
Notwithstanding the foregoing, a Disability termination shall be deemed to occur earlier if, as a result of physical or mental incapacity, Executive experiences a “separation from service” within the meaning of Section 409A. 

(d) Good Reason. Executive shall have “Good Reason” to resign his employment within ninety
(90) days after the occurrence of any of the following without his prior written consent: 
 (i) A material diminution
in the nature or scope of Executive’s responsibilities, duties or authority; 
 (ii) The Company’s or Parent’s
material breach of this Agreement or other agreements with Executive which results in a significant adverse impact upon Executive; 

(iii) The relocation by the Company of Executive’s primary place of employment with the Company to a location more than 50
miles from ’Executive’s immediately preceding primary place of employment; 
 (iv) The failure of the Company to
obtain the assumption in writing delivered to Executive of its obligation to perform this Agreement by any successor to all or substantially all of the assets of the Company; or 

(v) The failure of the Company to timely pay to Executive any significant amounts due under the terms of this Agreement; 

in any case of the foregoing, that remains uncured after thirty (30) business days after Executive has provided the
Company written notice that Executive believes in good faith that such event giving rise to such claim of Good Reason has occurred. 

(e) Person. “Person” shall mean an individual, partnership, corporation, limited liability company, business
trust, joint stock company, trust, unincorporated association, joint venture, governmental authority or other entity of whatever nature. 
  

	11.	 Miscellaneous Provisions. 

(a) Governing Law. This Agreement and its enforcement, and any controversy arising out of or relating to the making or
performance of this Agreement, shall be governed, construed, interpreted and enforced in accordance with the law of the State of New York, without regard to New York’s principles of conflicts of law. 

  
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 (b) Validity. The invalidity or unenforceability of any provision or
provisions of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect. 

(c) Notices. Any notice, request, claim, demand, document and other communication hereunder to any Party shall be
effective upon receipt (or refusal of receipt) and shall be in writing and delivered personally or sent by facsimile or certified or registered mail, postage prepaid, as follows: 

(i) If to the Company: 

The Nature’s Bounty Co. 

2100 Smithtown Avenue 

Ronkonkoma, NY 11779 

Attention: General Counsel 

Facsimile: (631) 567-7148 

and copies to: 

Kohlberg Kravis Roberts & Co. L.P. 

2800 Sand Hill Road, Suite 200 

Menlo Park, California 94025 

Attention: Felix Gernburd 

(ii) If to Executive, at the last address that the Company has in its personnel records for Executive. 

or at any other address as any Party shall have specified by notice in writing to the other Parties hereto. 

(d) Counterparts. This Agreement may be executed in several counterparts, each of which shall be deemed to be an
original, but all of which together will constitute one and the same Agreement. Signatures delivered by facsimile shall be deemed effective for all purposes. 

(e) Entire Agreement. This Agreement shall become effective as of the Start Date, subject to Executive’s
commencement of employment on such date. As of the Start Date, the terms of this Agreement are intended by the Parties to be the final expression of their agreement with respect to the employment of Executive by the Company and supersede all prior
understandings and agreements, whether written or oral. The Parties further intend that this Agreement shall constitute the complete and exclusive statement of their terms and that no extrinsic evidence whatsoever may be introduced in any judicial,
administrative, or other legal proceeding to vary the terms of this Agreement. 

  
 13 

 (f) Amendments; Waivers. This Agreement may not be modified, amended,
or terminated except by an instrument in writing, signed by Executive, a duly authorized officer of the Company and a duly authorized officer of Parent. By an instrument in writing similarly executed, Executive, a duly authorized officer of the
Company, or a duly authorized officer of Parent may waive compliance by the other Parties hereto with any specifically identified provision of this Agreement that each such other Party was or is obligated to comply with or perform; provided,
that such waiver shall not operate as a waiver of, or estoppel with respect to, any other or subsequent failure. No failure to exercise and no delay in exercising any right, remedy, or power hereunder preclude any other or further exercise of
any other right, remedy, or power provided herein or by law or in equity. 
 (g) No Inconsistent Actions. The Parties
hereto shall not voluntarily undertake or fail to undertake any action or course of action inconsistent with the provisions or essential intent of this Agreement. Furthermore, it is the intent of the Parties hereto to act in a fair and reasonable
manner with respect to the interpretation and application of the provisions of this Agreement. 
 (h) Construction.
This Agreement shall be deemed drafted equally by all the Parties. Its language shall be construed as a whole and according to its fair meaning. Any presumption or principle that the language is to be construed against any Party shall not apply. The
headings in this Agreement are only for convenience and are not intended to affect construction or interpretation. Any references to paragraphs, subparagraphs, sections or subsections are to those parts of this Agreement, unless the context clearly
indicates to the contrary. Also, unless the context clearly indicates to the contrary, (a) the plural includes the singular and the singular includes the plural; (b) “and” and “or” are each used both conjunctively and
disjunctively; (c) “any,” “all,” “each,” or “every” means “any and all,” and “each and every”; (d) “includes” and “including” are each “without limitation”;
(e) “herein,” “hereof,” “hereunder” and other similar compounds of the word “here” refer to the entire Agreement and not to any particular paragraph, subparagraph, section or subsection; and (f) all
pronouns and any variations thereof shall be deemed to refer to the masculine, feminine, neuter, singular or plural as the identity of the entities or persons referred to may require. 

(i) Enforcement and Jury Trial Waiver. Any action to enforce this Agreement must be brought in, and the parties hereby
consent to the jurisdiction of, a court situated in New York County, New York. Each Party to this Agreement waives all right to trial by jury in any action, proceeding, claim or counterclaim. 

(j) Enforcement. If any provision of this Agreement is held to be illegal, invalid or unenforceable under present or
future laws effective during the Term, such provision shall be fully severable; this Agreement shall be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a portion of this Agreement; and the remaining
provisions of this Agreement shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance from this Agreement. Furthermore, in lieu of such illegal, invalid or unenforceable
provision there shall be added automatically as part of this Agreement a provision as similar in terms to such illegal, invalid or unenforceable provision as may be possible and be legal, valid and enforceable. 

  
 14 

 (k) Withholding. The Company shall be entitled to withhold from any
amounts payable under this Agreement any federal, state, local or foreign withholding or other taxes or charges which the Company is required to withhold. The Company shall be entitled to rely on an opinion of counsel if any questions as to the
amount or requirement of withholding shall arise. 
 (l) Section 409A. 

(i) General. The intent of the Parties is that the payments and benefits under this Agreement comply with or be exempt
from Section 409A of the Internal Revenue Code of 1986, as amended, (the “Code”) and the regulations and guidance promulgated thereunder (collectively, “Section 409A”) and, accordingly, to
the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith. 
 (ii) Separation from
Service. Notwithstanding anything in this Agreement to the contrary and only to the extent required under Section 409A, any compensation or benefit payable under this Agreement that is designated under this Agreement as payable upon
Executive’s termination of employment shall be payable only upon Executive’s “separation from service” with the Company within the meaning of Section 409A (a “Separation from Service”) and, except as
provided below, any such compensation or benefit shall not be paid, or, in the case of installments, shall not commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would
have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s
Separation from Service and the remaining payments shall be made as provided in this Agreement. 
 (iii) Specified
Employee. Notwithstanding anything in this Agreement to the contrary, if Executive is deemed by the Company at the time of Executive’s Separation from Service to be a “specified employee” for purposes of Section 409A, to the
extent delayed commencement of any portion of the benefits to which Executive is entitled under this Agreement is required in order to avoid a prohibited distribution under Section 409A, such portion of Executive’s benefits shall not be
provided to Executive prior to the earlier of (i) the expiration of the six-month period measured from the date of Executive’s Separation from Service with the Company or (ii) the date of
Executive’s death. Upon the first business day following the expiration of the applicable Section 409A period, all payments deferred pursuant to the preceding sentence shall be paid in a lump sum to Executive (or to Executive’s estate
or beneficiaries), and any remaining payments due to Executive under this Agreement shall be paid as otherwise provided herein. Any tax gross up payment, within the meaning of Section 409A, provided for in this Agreement shall be made by the
end of Executive’s taxable year next following Executive’s taxable year in which Executive remits the related taxes, provided that, Executive provides the Company with a reimbursement request reasonably promptly following the date
such tax is due. 

  
 15 

 (iii) Expense Reimbursements. To the extent that any reimbursements
under this Agreement are subject to Section 409A, any such reimbursements payable to Executive shall be paid to Executive no later than December 31 of the year following the year in which the expense was incurred; provided,
that Executive submits Executive’s reimbursement request reasonably promptly following the date the expense is incurred, the amount of expenses eligible for reimbursement, or in-kind benefits to be
provided, during one taxable year shall not affect the amount eligible for reimbursement, or in-kind benefits to be provided, in any other taxable year; provided, that the foregoing shall not be
violated with regard to expenses reimbursed under any arrangement covered by Section 105(b) of the Code solely because such expenses are subject to a limit related to the period the arrangement is in effect. Executive’s right to
reimbursement, or in-kind benefits, under this Agreement will not be subject to liquidation or exchange for another benefit. 

(v) Installments. Executive’s right to receive any installment payments under this Agreement, including without
limitation any salary continuation payments that are payable on Company payroll dates, shall be treated as a right to receive a series of separate payments and, accordingly, each such installment payment shall at all times be considered a separate
and distinct payment as permitted under Section 409A. To the extent any deferred compensation is intended to comply with and be subject to Section 409A (as opposed to any exception thereto), the Company may accelerate any such deferred
compensation as long as such acceleration would not result in additional tax or interest pursuant to Section 409A and as long as such acceleration is permitted by Section 409A. The decision as to when to make any payment within any
specified time period shall solely be that of the Company. 
 (m) Indemnification. The Company Group and their
respective successors and/or assigns, will indemnify, defend and hold harmless Executive to the fullest extent permitted by the certificate of incorporation and by-laws of Holdings, as well as terms
substantially identical to the terms of any indemnification agreement with any other Board member, with respect to any claims that may be brought against Executive arising out of any action taken or not taken in Executive’s capacity as an
officer or director of any member of the Company Group. In addition, Executive shall be covered as an insured in respect of Executive’s activities as an officer, director of any member of the Company Group by the directors and officers
liability policy of the Company. The Company Group’s indemnification and insurance obligations hereunder shall remain in effect following Executive’s termination of employment with the Company Group for any reason. 

(n) No Mitigation; No Offset. Executive shall not be required to seek other employment or otherwise mitigate the amount
of any payments to be made by the Company pursuant to this Agreement. The payments provided pursuant to this Agreement shall not be reduced by any compensation earned by Executive as the result of employment by another employer after the Date of
Termination or otherwise. 

  
 16 

 The Company’s obligation to make the payments provided for in this Agreement and
otherwise to perform its obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may have against Executive or others.

 (o) Joint and Several Liability. The Company and the Parent shall be jointly and severally liable for all
obligations of each hereunder. 
  

	12.	 Section 280G 

(a) So long as the Company is described in Section 280G(b)(5)(A)(ii)(I) of the Code, if any payment or benefit (within the
meaning of Section 280G(b)(2) of the Code), to Executive or for Executive’s benefit paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise in connection with, or arising out of,
Executive’s employment with the Company or a change in ownership or effective control of the Company or of a substantial portion of its assets, would be subject to the excise tax imposed by Section 4999 of the Code (the “Excise
Tax”), then, to the extent, if any, Executive elects to waive the right to receive such payments or benefits unless shareholder approval is obtained in accordance with Section 280G(b)(5)(B) of the Code, the Company shall use its
commercially reasonable best efforts to prepare and deliver to its stockholders the disclosure required by Section 280G(b)(5)(B) of the Code with respect to the Payments and to obtain the approval of the Company’s stockholders in
accordance with Section 280G(b)(5)(B) of the Code and the regulation codified at 26 C.F.R. § 1.280G-1. 

(b) In the event that (i) Executive is entitled to receive any payments or benefits, whether payable, distributed or
distributable pursuant to the terms of this Agreement or otherwise, that constitute “excess parachute payments” within the meaning of Section 280G of the Code, and (ii) the net after tax amount of such payments, after Executive
has paid all taxes due thereon (including, without limitation, taxes due under Section 4999 of the Code) is less than the net after-tax amount of all such payments and benefits otherwise due to Executive
in the aggregate, if such aggregate payments and benefits were reduced to an amount equal to 2.99 times Executive’s “base amount” (as defined in Section 280G(b)(3) of the Code), then the aggregate amount of such payments and
benefits payable to Executive shall be reduced to an amount that will equal 2.99 times Executive’s base amount. To the extent such aggregate parachute payment amounts are required to be so reduced, the parachute payment amounts due to Executive
(but no non -parachute payment amounts) shall be reduced in the following order: (i) payments and benefits due under Section 4 of this Agreement shall be reduced (if necessary, to zero) with amounts that are payable last reduced
first; (ii) payments and benefits due in respect of any equity fully valued (or only reduced by a present value factor) for purpose of the calculation to be made under Section 280G calculation of the Code for purposes of this
Section 12 (the “280G Calculation”) in reverse order of when payable; and (iii) payments and benefits due in respect of any options or stock appreciation rights with regard to equity securities valued
under the 280G Calculation based on time of vesting shall be reduced in an order that is most beneficial to Executive. 

  
 17 

 (c) The determinations to be made with respect to this
Section 12 shall be made by a certified public accounting firm designated by the Company and reasonably acceptable to Executive. The Company shall be responsible for all charges of the Accountant. 

(d) In the event that the Internal Revenue Service or court ultimately makes a determination that the excess parachute payments
or the base amount is an amount other than as determined initially, an appropriate adjustment shall be made with regard to Section 12(a) or (b) above, as applicable to reflect the final determination and the resulting impact. 

(e) The provisions of Sections 12(b), (c) and (d) shall override provisions as to cutback below the 2.99
level in any equity plan or grant or any other arrangement. 
  

	13.	 Employee Acknowledgement. 

Executive acknowledges that Executive has read and understands this Agreement, is fully aware of its legal effect, has not acted in reliance
upon any representations or promises made by the Company other than those contained in writing herein, and has entered into this Agreement freely based on Executive’s own judgment. 

[Signature Page Follows] 

  
 18 

 IN WITNESS WHEREOF, the Parties have executed this Agreement on the date and year first
above written. 
  

			
	THE NATURE’S BOUNTY CO.
		
	 By:
	 	 /s/ Kathryn Russell

		 	Name:  Kathryn Russell
		 	Title:    CPO
	
	CLOVER ACQUISITION HOLDINGS INC.
		
	 By:
	 	 /s/ Felix Gernburd

		 	Name:  Felix Gernburd
		 	Title:    Director
	
	EXECUTIVE
	
	 /s/ Edward W. McCormick

	Edward W. McCormick

  
 [Signature Page to
McCormick Employment Agreement] 

 EXHIBIT A 

Form of Release 
 This
Agreement and Release (“Agreement”) is made by and among Clover Acquisition Holdings Inc., a Delaware corporation (“Parent”), The Nature’s Bounty Co., a Delaware corporation (together with any successor thereto, the
“Company”), and Edward W. McCormick (the “Employee”) (collectively, referred to as the “Parties” or individually referred to as a “Party”). Capitalized terms used but not defined in this Agreement shall
have the meanings set forth in the Employment Agreement (as defined below). 
 WHEREAS, the Parties have previously entered into that
certain Employment Agreement, dated as of                    , [2018] (the “Employment Agreement”); and 

WHEREAS, in connection with Employee’s termination of employment with the Company or a subsidiary or affiliate of the Company
effective            , 20    , the Parties wish to resolve any and all disputes, claims, complaints, grievances, charges, actions, petitions, and demands
that Employee may have against the Company, Parent, and any of the Releasees as defined below, including, but not limited to, any and all claims arising out of or in any way related to Employee’s employment with or separation from the Company
or its subsidiaries or affiliates. 
 NOW, THEREFORE, in consideration of the Severance Payments described in
Section 4 of the Employment Agreement, which, pursuant to the Employment Agreement, are conditioned on Employee’s execution and non-revocation of this Agreement, and in
consideration of the mutual promises made herein, the Company and Employee hereby agree as follows: 
 1. Severance Payments; Salary and
Benefits. The Company agrees to provide Employee with the severance payments and benefits described in Section 4(b) of the Employment Agreement, payable at the times set forth in, and subject to the terms and conditions of, the
Employment Agreement. In addition, to the extent not already paid, and subject to the terms and conditions of the Employment Agreement, the Company shall pay or provide to Employee all other payments or benefits described in
Section 3(c) of the Employment Agreement, subject to and in accordance with the terms thereof. 
 2. Release of
Claims. Employee agrees that the foregoing consideration represents settlement in full of all outstanding obligations owed to Employee by the Company, Parent, any of their direct or indirect subsidiaries and affiliates, and, in their capacities
related to the foregoing, any of their current and former officers, directors, equity holders, managers, employees, agents, investors, attorneys, shareholders, administrators, affiliates, benefit plans, plan administrators, insurers, trustees,
divisions, and subsidiaries and predecessor and successor corporations and assigns (collectively, the “Releasees”). Employee, on his own behalf and on behalf of any of Employee’s affiliated companies or entities and any of their
respective heirs, family members, executors, agents, and assigns, hereby and forever releases the Releasees from, and agrees not to sue concerning, or in any manner to institute, prosecute, or pursue, any claim, complaint, charge, duty, obligation,
or cause of action relating to any matters of any kind, whether presently known or unknown, suspected or unsuspected, that Employee may possess against any of the Releasees arising from any omissions, acts, facts, or damages that have occurred up
until and including the Effective Date of this Agreement (as defined in Section 7 below), including, without limitation: 

  
 20 

 (a) any and all claims relating to or arising from Employee’s employment or service
relationship with the Company or any of its direct or indirect subsidiaries or affiliates and the termination of that relationship; 
 (b)
any and all claims relating to, or arising from, Employee’s right to purchase, or actual purchase of any shares of stock or other equity interests of the Company or any of its affiliates, including, without limitation, any claims for fraud,
misrepresentation, breach of fiduciary duty, breach of duty under applicable state corporate law, and securities fraud under any state or federal law; 

(c) any and all claims for wrongful discharge of employment; termination in violation of public policy; discrimination; harassment;
retaliation; breach of contract, both express and implied; breach of covenant of good faith and fair dealing, both express and implied; promissory estoppel; negligent or intentional infliction of emotional distress; fraud; negligent or intentional
misrepresentation; negligent or intentional interference with contract or prospective economic advantage; unfair business practices; defamation; libel; slander; negligence; personal injury; assault; battery; invasion of privacy; false imprisonment;
conversion; and disability benefits; 
 (d) any and all claims for violation of any federal, state, or municipal statute, including, but not
limited to, Title VII of the Civil Rights Act of 1964; the Civil Rights Act of 1991; the Rehabilitation Act of 1973; the Americans with Disabilities Act of 1990; the Equal Pay Act; the Fair Labor Standards Act; the Fair Credit Reporting Act; the Age
Discrimination in Employment Act of 1967; the Older Workers Benefit Protection Act; the Employee Retirement Income Security Act of 1974; the Worker Adjustment and Retraining Notification Act; the Family and Medical Leave Act; the Sarbanes-Oxley Act
of 2002; the New York City Human Rights Law; 
 (e) any and all claims for violation of the federal or any state constitution; 

(f) any and all claims arising out of any other laws and regulations relating to employment or employment discrimination; 

(g) any claim for any loss, cost, damage, or expense arising out of any dispute over the
non-withholding or other tax treatment of any of the proceeds received by Employee as a result of this Agreement; and 

(h) any and all claims for attorneys’ fees and costs. 

Employee agrees that the release set forth in this section shall be and remain in effect in all respects as a complete general release as to the matters
released. This release does not release claims that cannot be released as a matter of law, including, but not limited to, Employee’s right to file a charge with or participate in a charge by the Equal Employment Opportunity Commission, or any
other local, state, or federal administrative body or government agency that is authorized to enforce or administer laws related to employment, against the Company (with the understanding that Employee’s release of claims herein bars Employee
from recovering such monetary relief from the Company or any Releasee), claims for unemployment compensation or any state disability insurance benefits pursuant to the terms of applicable state law, claims to continued participation in certain of
the Company’s group benefit plans pursuant to the terms and conditions of COBRA, claims to any benefit entitlements vested as the date of separation of Employee’s employment, rights with regard to any vested equity (including under any
stockholders agreement governing such equity and any side letter relating thereto), and any rights to indemnity and coverage under the Company’s directors and officers insurance policies. 

  
 21 

 3. Acknowledgment of Waiver of Claims under ADEA. Employee understands and
acknowledges that he is waiving and releasing any rights he may have under the Age Discrimination in Employment Act of 1967 (“ADEA”), and that this waiver and release is knowing and voluntary. Employee understands and agrees that this
waiver and release does not apply to any rights or claims that may arise under the ADEA after the Effective Date of this Agreement. Employee understands and acknowledges that the consideration given for this waiver and release is in addition to
anything of value to which Employee was already entitled. Employee further understands and acknowledges that he has been advised by this writing that: (a) he should consult with an attorney prior to executing this Agreement; (b) he has at
least 21 days within which to consider this Agreement; (c) he has 7 days following his execution of this Agreement to revoke this Agreement; (d) this Agreement shall not be effective until after the revocation period has expired; and
(e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties, or costs for doing so,
unless specifically authorized by federal law. In the event Employee signs this Agreement and returns it to the Company in less than the 21-day period identified above, Employee hereby acknowledges that he has
freely and voluntarily chosen to waive the time period allotted for considering this Agreement. 
 4. Severability. In the event that
any provision or any portion of any provision hereof or any surviving agreement made a part hereof becomes or is declared by a court of competent jurisdiction or arbitrator to be illegal, unenforceable, or void, this Agreement shall continue in full
force and effect without said provision or portion of provision. 
 5. No Oral Modification. This Agreement may only be amended in a
writing signed by Employee, a duly authorized officer of the Company and a duly authorized officer of Parent. 
 6. Governing Law; Dispute
Resolution. This Agreement shall be subject to the provisions of Sections 11(a) and 11(i) of the Employment Agreement. 

7. Effective Date. If Employee has attained or is over the age of 40 as of the date of Employee’s termination of employment, then
the Employee has seven days after he signs this Agreement to revoke it and this Agreement will become effective on the eighth day after Employee signed this Agreement, so long as it has been signed by the Parties and has not been revoked by the
Employee before that date (the “Effective Date”). 

  
 22 

 8. Voluntary Execution of Agreement. Employee understands and agrees that he executed
this Agreement voluntarily, without any duress or undue influence on the part or behalf of the Company, Parent or any third party, with the full intent of releasing all of his claims against the Company, Parent and any of the other Releasees.
Employee acknowledges that: (a) he has read this Agreement; (b) he has not relied upon any representations or statements made by the Company or Parent that are not specifically set forth in this Agreement; (c) he has been represented
in the preparation, negotiation, and execution of this Agreement by legal counsel of his own choice or has elected not to retain legal counsel; (d) he understands the terms and consequences of this Agreement and of the releases it contains; and
(e) he is fully aware of the legal and binding effect of this Agreement. 
 IN WITNESS WHEREOF, the Parties have executed this
Agreement on the respective dates set forth below. 
  

							
	Dated:                                     
                           	  		  	THE NATURE’S BOUNTY CO. (or any successor thereto)
				
		  		  	By:	 	  

				
		  		  	Name:	 	  

				
		  		  	Title:	 	  

			
	Dated:                                     
                           	  		  	 CLOVER ACQUISITION HOLDINGS INC.

(or any successor thereto)

				
		  		  	By:	 	  

				
		  		  	Name:	 	  

				
		  		  	Title:	 	  

			
	Dated:                                     
                           	  		  	EXECUTIVE
				
		  		  	By:	 	  

		  		  	Name:	 	

  

  
 23EX-10.13

 Exhibit 10.13 

 
 

 
 Donald Kerrigan 
 Dear
Donald, 
 On behalf of The Nature’s Bounty Co., I enthusiastically invite you to join our team and help us enhance this Company’s position as a
leading manufacturer, supplier and retailer of nutritional supplements. We believe that you have the experience and qualifications to help us accomplish this objective. 

Your position will be President, CPGNA and you will report directly to Paul Sturman. Your start date will be on a mutually agreed upon date in April. Your
annual base salary will be $465,000. It is our practice to pay weekly, every Friday, for the prior week ending on Sunday. 
 You will be eligible to
participate in the Management Incentive Plan (MIP), this plan, which has been approved by the compensation committee of our board of directors, was developed to ensure that you are compensated for your contributions to the achievement of our
business objectives. These business objectives include maintaining our focus on our core businesses with outstanding quality and speed through process, growing faster than the market driven by consumer insights and innovation, driving efficiency to
a new level to fund growth, and finally leading through our values: teamwork, integrity, accountability, respect, and agility. The MIP bonus is based on a fiscal year. Your target incentive is 75%, as per the guidelines of the program. Your 2018 MIP
will be guaranteed and payable in December 2018 as long as you are an active Associate at time of payment. 
 You will be eligible for an option to purchase
Common Stock. The terms and conditions of the grant will be governed by Clover Acquisition Holdings Inc. 2018 Stock Incentive Plan. The option shall have a per share exercise price equal to the fair market value on the date of grant, as determined
by the Compensation Committee of the Board of Directors. The number of shares covered by such options shall equal 7,500. 
 In appreciation for your
decision to join The Nature’s Bounty Co., you will be eligible for a sign-on bonus of $150,000. $100,000 of the bonus will be issued within the first 30 days of service and the remaining $50,000 will be
issued in October 2018. In the event that the Associate voluntarily terminates the employment for any reason or employment is terminated by Employer with “Cause” before the first anniversary of the last bonus payment the Associate will
repay the Employer the entire signing bonus. Such repayment shall be made by the Associate in full within 90 days of the termination of employment. The sign on bonus is subject to all applicable payroll taxes. 

The company will cover the costs associated with the continuation of your health insurance costs (COBRA) less your standard company deduction. Please provide
Pam Antos, Director Human Resources, with your receipt for reimbursement. 
 As a wellness company we firmly believe that taking time away from work is a
good way to help promote your health, morale, and productivity. We encourage you to take time off from work to relax, enjoy, and rejuvenate yourself. In order to provide the utmost flexibility to our Vice President level and above associates, you
should work with your leader to arrange for time off when needed, subject to the needs of the business. 

 
On the first day of the month following six (6) months of service you may become eligible to participate in the 401(k) Plan sponsored by The Nature’s Bounty Co. subject to all of the
terms and conditions contained in that Plan, as it may be amended from time to time. Company Matching Contributions, when authorized, are immediately vested. At the present time, The Nature’s Bounty Co.’s 401(k) matching formula is: 

100% match on the first 3% of salary saved, plus 

50% match on the next 2% of salary saved 

Effective on the first of the month after you complete 30 days of service, you will become eligible for the standard package of Life, Health Care and
Disability Insurance coverage enjoyed by all regular full-time and part-time associates at The Nature’s Bounty Co. who meet the eligibility requirements. This package, of course, may change from time to time. Specifically, The Nature’s
Bounty Co. will provide, at no cost to you, Group Term Life Insurance in the principal amount of one times your base salary, with an equal amount for Accidental Death and Dismemberment coverage. The Nature’s Bounty Co. offers Dental Insurance
coverage and three (3) Medical Plan options. These plans offer you the flexibility to choose between lower out-of-pocket costs and higher levels of benefits, with a
substantial majority of the cost for this insurance borne by our Company. 
 To provide you with an additional opportunity for future financial security in
retirement and the opportunity to share directly in the success and growth of the company, you may participate in The Nature’s Bounty Co. Profit Sharing Plan. You will be automatically enrolled, subject to the terms of this plan, on your one
(1) year anniversary of employment with the company or your 21st birthday, whichever comes later. 
 This offer is contingent upon: (a) the
execution of the acknowledgements listed at the end of this letter (b) a successfully completed background investigation as per the Company policy (c) your demonstrating that you have authorization to be employed by The Nature’s
Bounty Co.in the United States, as well as (d) a standard toxic substance screening for drug and/or alcohol abuse to be completed before you commence work. If you are in need of an accommodation to participate in the testing process, please let
your Recruiter know as soon as possible. 
 You hereby represent that you are not subject to any confidentiality, covenant not to compete or similar
obligation to any person or entity in the dietary supplement, nutrition or food business. 
 The terms within this offer letter covers your full terms of
employment and supersedes any prior verbal or written representations, agreements and understandings. Any additions or changes to the terms in this offer letter must be in writing. 

You and all of our associates are employed on an “at-will” basis. You will have the right to terminate your
employment at any time for any reason and The Nature’s Bounty Co. will have a similar right. Nevertheless, The Nature’s Bounty Co. does stipulate that in the event that you are involuntarily terminated on any
“Not-For-Cause” basis, unrelated to any misconduct on your part, the Company will offer to enter into a written “Agreement and Release of Claims”
understanding which, once properly executed by yourself and the company, will provide severance payments to you covering a twelve (12) month period through the Company’s normal Payroll procedures. 

 Please feel free to contact me at 631-200-5784 with any questions. 
 Please acknowledge your acceptance of the terms of this offer
letter by signing below. 
  

			
	 Sincerely,

	
	 Paul Buonaiuto

		
	 By:
	 	 /s/ Paul
Buonaiuto            2/23/2018

		 	Name: Paul Buonaiuto
	
	 Donald Kerrigan

		
	By:	 	 /s/ Donald
Kerrigan            3/1/2018

	 	 	Name: Donald Kerrigan

  
 [Signature Page to
Kerrigan Offer Letter]

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