Document:

EX-10.2

 Exhibit 10.2 

SEPARATION AGREEMENT 

THIS SEPARATION AGREEMENT (this “Agreement”) is made as of the Effective Date (as defined herein) by and between Jarden
Corporation, a corporation organized and existing under the laws of the State of Delaware (the “Company”), and Alan W. LeFevre (“Executive”), collectively referred to as the “Parties”. 

RECITALS: 
 WHEREAS, Executive is
employed by the Company as its Executive Vice President - Finance and Chief Financial Officer; 
 WHEREAS, the Company is a party to that
certain Agreement and Plan of Merger, dated as of December 13, 2015 (the “Merger Agreement”), by and among the Company, Newell Rubbermaid Inc., a Delaware corporation (“Parent”), and the other parties
signatories thereto, pursuant to which, subject to the terms and conditions contained in the Merger Agreement, the Company will be merged with and into a wholly-owned subsidiary of Parent, immediately following which the Company will be merged with
another wholly-owned subsidiary of Parent (“Successor Sub”) and the surviving entity thereof will become a wholly-owned subsidiary of Parent (the “Merger”); 

WHEREAS, the Merger will constitute a “Change in Control” as such term is defined in the Jarden Corporation 2013 Stock
Incentive Plan (the “Plan”) and shall be deemed by the Parties as such for all purposes, including with regard to any equity and other benefit plans of the Company in which Executive is a participant; 

WHEREAS, in connection with the transactions contemplated by the Merger Agreement, the Company will enter into this Agreement with Executive
for the protection of the business and goodwill of Parent and its subsidiaries after the Merger; Executive will receive substantial consideration in exchange for his shares and others equity interests in the Company (including accelerated equity
interests as a result of the Change in Control); Parent and its subsidiaries shall succeed to all of the business, property, assets and goodwill of the Company and its subsidiaries; Executive will agree to the noncompetition, confidentiality and
other restrictive covenants herein for the protection of the business, property, assets and goodwill of Parent and its subsidiaries after the Merger, including their legitimate business interests in trade secrets and other confidential information
and valuable customer and employee relationships; and Executive and the Company mutually agree that Executive’s employment will terminate on the consummation of the Merger; and 

WHEREAS, the Parties wish to settle their mutual rights and obligations arising from such separation from employment subject to the terms and
conditions as hereinafter set forth. 
 NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein and other
good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by the Parties hereto, the Parties agree as follows: 

1. Reserved. 

 2. Termination of Employment. 

(a) Executive’s employment with the Company shall terminate on the date on which the Merger is consummated pursuant to the Merger
Agreement (the “Separation Date”). As of the Separation Date, Executive shall resign from and no longer be an employee, officer, director and/or manager (or any equivalent position) of the Company or any subsidiaries or affiliates
thereof, and Executive agrees he shall execute all documents reasonably necessary to effect such resignations. The Parties hereby agree that for purposes of this Agreement, any other agreement between the Company and the Executive, and any equity
and other benefit plans in which Executive is a participant, including the Plan, Executive’s termination of employment will be treated as a “Termination Without Cause” in connection with a Change in Control, and that any notice
period that may be required to be provided under any other agreement is hereby waived. 
 (b) The Parties agree that until the Separation
Date, Executive shall continue to serve as Executive Vice President - Finance and Chief Financial Officer of the Company. 
 (c) If the
Merger Agreement is terminated without the Merger having been consummated, this Agreement shall terminate and the Parties’ rights and obligations hereunder shall be null and void ab initio and the provisions of any agreement between the
Company and the Executive shall continue to be in full force and effect in accordance with its terms without reference to this Agreement. 

3. Separation Payments and Benefits. In addition to the substantial consideration Executive will receive in connection with the
Merger, and subject to Executive’s execution of a general release of claims in favor of the Company in the form attached hereto as Exhibit A (the “Release”), which Release is not revoked and becomes effective by its terms
within sixty (60) days after the Separation Date, the Company shall provide Executive with the following compensation and benefits no later than five (5) business days after the Effective Date (as defined in the Release) and no later than
sixty (60) days after the Separation Date, except as specifically provided otherwise herein: 
 (a) Earned Salary and Accrued
Benefits. The Company shall pay Executive all salary earned, but unpaid, for services rendered to the Company on or prior to the Separation Date in a lump sum on the Separation Date (or the next payroll date thereafter) and all other accrued or
vested benefits through the Separation Date in accordance with the terms of each applicable plan, program or policy. 
 (b) Annual
Bonus. The Parties agree that Executive has already been paid the full amount of his annual bonus for 2015. 
 (c) Severance
Payment. The Company shall pay Executive a severance payment in a total gross amount of $2,400,000.00 in a lump sum. 
 (d) Other
Benefits. In accordance with the Company’s various benefit plans and policies applicable to Executive, the Company shall pay Executive a total gross amount of $33,456.00, in respect of historical benefits including: rights with respect to
life and long-term disability policies; health insurance policies; HSA savings accounts; 401(k) plans and other financial benefits. 

  
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 (e) Vesting of Stock Awards. In accordance with the terms of the applicable grant
agreements and related equity plans, the balance of any unvested restricted shares of common stock of the Company, par value $0.01 per share (“Common Stock”), granted to Executive and currently outstanding, but not yet vested, shall
fully vest on the Separation Date and will thereafter be freely transferable (subject to any restrictions under applicable securities law or the Company’s insider trading policy for senior executives). 

(f) Acceleration of Stock Awards. In consideration for the increase in duration of the noncompetition, confidentiality and other
covenants contained in this Agreement that are longer than the Company’s standard duration for such covenants, immediately prior to the consummation of the Merger, the Company shall issue Executive 25,000 restricted shares of Common Stock
representing the number of restricted shares of Common Stock that would have been issued to Executive in 2017 (the “2017 Accelerated Shares”) and an additional 25,000 restricted shares of Common Stock representing the number of
restricted shares of Common Stock that would have been issued to Executive in 2018 (the “2018 Accelerated Shares” and together with the 2017 Accelerated Shares, the “Accelerated Shares”), in each case pursuant to
grant agreements as approved by the Company’s Compensation Committee. Upon consummation of the Merger, the Accelerated Shares shall fully vest. 

4. Confidentiality. (For purposes of this Section 4, all references to the Company shall be deemed to include the
Company’s subsidiary corporations.) 
 (a) Confidential Information. The Executive acknowledges that he will have knowledge of,
and access to, proprietary and confidential information of the Company, including, without limitation, inventions, trade secrets, technical information, know-how, plans, specifications, methods of operations, financial and marketing information and
the identity of customers and suppliers (collectively, the “Confidential Information”), and that such information, even though it may be contributed, developed or acquired by the Executive, constitutes valuable, special and unique
assets of the Company developed at great expense which are the exclusive property of the Company. Accordingly, the Executive shall not, either before or after the Separation Date, use, reveal, report, publish, transfer or otherwise disclose to any
person, corporation or other entity, any of the Confidential Information without the prior written consent of the Company, except to responsible officers and employees of the Company and other responsible persons who are in a contractual or
fiduciary relationship with the Company and who have a need for such information for purposes in the best interests of the Company, and except for such information which is or becomes of general public knowledge from authorized sources other than
the Executive. The Executive acknowledges that the Company would not enter into this Agreement without the assurance that all such confidential and proprietary information will be used for the exclusive benefit of the Company. 

(b) Return of Confidential Information. Upon the termination of Executive’s employment with the Company, the Executive shall
promptly deliver to the Company all drawings, manuals, letters, notes, notebooks, reports and copies thereof and all other materials relating to the Company’s business. 

  
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 5. Noncompetition. (For purposes of this Section 5, all references to the
Company shall be deemed to include the Company’s subsidiary corporations). During the term set forth below, the Executive will not utilize his special knowledge of the business of the Company and his relationships with customers and suppliers
of the Company to compete with the Company. In consideration of the compensation and benefits Executive shall receive in connection with the transactions contemplated by the Merger Agreement and as provided in Section 3 of this Agreement, for a
period of four (4) years after the Separation Date, the Executive shall not engage, directly or indirectly or have an interest, directly or indirectly, anywhere in the United States of America or any other geographic area where the Company does
business or in which its products are marketed, alone or in association with others, as principal, officer, agent, employee, capital, lending of money or property, rendering of services or otherwise, in any business directly competitive with or
similar to that engaged in by the Company (it being understood hereby, that the ownership by the Executive of 2% or less of the stock of any company listed on a national securities exchange shall not be deemed a violation of this Section 5).
During the same period, the Executive shall not, and shall not permit any of his employees, agents or others under his control to, directly or indirectly, on behalf of himself for any other person, (i) call upon, accept business from, or
solicit the business of any person who is, or who had been at any time during the preceding two years, a customer of the Company or any successor to the business of the Company, or otherwise divert or attempt to divert any business from the Company
or any such successor, or (ii) directly or indirectly recruit or otherwise solicit or induce any person who is an employee of, or otherwise engaged by, the Company or any successor to the business of the Company to terminate his or her
employment or other relationship with the Company or such successor. 
 6. Remedies. Executive agrees that in view of
the substantial consideration that he will receive in connection with the Merger and the compensation and benefits he will receive pursuant to this Agreement, including but not limited to the grant of the Accelerated Shares, the covenants and
restrictions provided in Sections 4 and 5 hereof are fair, reasonable and enforceable in scope and duration, including the extension of the duration of the covenants and restrictions in Section 5, to protect the legitimate interests of the
Company and that these restrictions are designed for the reasonable protection of the Company’s business and trade secrets. Executive acknowledges and agrees that he has received fair and adequate consideration for the extended non-competition
provision, including in the form of the Accelerated Shares which shall fully vest upon the consummation of the Merger and be sold in connection with the Merger. The Executive acknowledges that the Company would be irreparably harmed and that
monetary damages would not provide an adequate remedy in the event of a breach of the provisions of Sections 4 and 5. Accordingly, the Executive agrees that, in addition to any other remedies available to the Company, the Company shall be entitled
to seek injunctive and other equitable relief to secure the enforcement of these provisions. Furthermore, if Executive breaches any of the covenants contained in Sections 4 and 5 of this Agreement, then the Company or its successor shall be entitled
to recover from Executive, and Executive shall be required to pay, (a) the value as of the vesting date of the quantity of Accelerated Shares released by the Company to or for Executive’s account on or after such vesting date, and
(b) $1,999,200, which is the value as of the vesting date of 20,317 restricted shares released by the Company to or for Executive’s account on December 31, 2015. If any provisions of Sections 4, 5 or 6 relating to the time period,
scope of activities or geographic area of restrictions is declared by a court of competent jurisdiction to exceed the maximum permissible time period, scope of 

  
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activities or geographic area, as the case may be, the invalid or unenforceable provisions shall be deemed amended (with respect only to the jurisdiction in which such adjudication is made) in
such manner as to render them enforceable and to effectuate as nearly as possible the original intentions and agreement of the Parties. 

7. Miscellaneous. 

(a) Section 409A Compliance. 

i) General. It is the intention of both the Company and the Executive that the benefits and rights to which the Executive could be
entitled pursuant to this Agreement and any other agreement between the Company and the Executive (together, the “Agreements”) comply with Section 409A of the Code and the Treasury Regulations and other guidance promulgated or
issued thereunder (“Section 409A”), to the extent that the requirements of Section 409A are applicable thereto, and the provisions of the Agreements shall be construed in a manner consistent with that intention. If the Executive or
the Company believes, at any time, that any such benefit or right that is subject to Section 409A does not so comply, it shall promptly advise the other and shall negotiate reasonably and in good faith to amend the terms of such benefits and
rights such that they comply with Section 409A (with the most limited possible economic effect on the Executive and on the Company). 

ii) Distributions on Account of Separation from Service. If and to the extent required to comply with Section 409A, no payment or
benefit required to be paid under the Agreements on account of termination of the Executive’s employment with the Company shall be made unless and until the Executive incurs a “separation from service” within the meaning of
Section 409A. 
 iii) 6 Month Delay for Specified Employees. 

(A) If the Executive is a “specified employee,” then no payment or benefit that is payable on account of the Executive’s
“separation from service,” as that term is defined for purposes of Section 409A, shall be made before the date that is six months after the Executive’s “separation from service” (or, if earlier, the date of the
Executive’s death) if and to the extent that such payment or benefit constitutes deferred compensation (or may be nonqualified deferred compensation) under Section 409A and such deferral is required to comply with the requirements
of Section 409A. Any payment or benefit delayed by reason of the prior sentence shall be paid out or provided in a single lump sum at the end of such required delay period in order to catch up to the original payment schedule. 

(B) For purposes of this provision, the Executive shall be considered to be a “specified employee” if, at the time of his
separation from service, the Executive is a “key employee”, within the meaning of Section 416(i) of the Code, of the Company (or any person or entity with whom the Company would be considered a single employer under
Section 414(b) or Section 414(c) of the Code) any stock in which is publicly traded on an established securities market or otherwise. 

iv) No Acceleration of Payments. Neither the Company nor the Executive, individually or in combination, may accelerate any payment or
benefit that is subject 

  
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to Section 409A, except in compliance with Section 409A and the provisions of the Agreements, and no amount that is subject to Section 409A shall be paid prior to the earliest date
on which it may be paid without violating Section 409A. 
 v) Treatment of Each Installment as a Separate Payment. For purposes
of applying the provisions of Section 409A to the Agreements, each separately identified amount to which the Executive is entitled under the Agreements shall be treated as a separate payment. In addition, to the extent permissible under
Section 409A, any series of installment payments under the Agreements shall be treated as a right to a series of separate payments. 

vi) No Guaranty of 409A Compliance. Notwithstanding the foregoing, the Company does not make any representation to the Executive that
the payments or benefits provided under the Agreements are exempt from, or satisfy, the requirements of Section 409A, and the Company shall have no liability or other obligation to indemnify or hold harmless the Executive or any beneficiary of
the Executive for any tax, additional tax, interest or penalties that the Executive or any beneficiary of the Executive may incur in the event that any provision of the Agreements, or any amendment or modification thereof, or any other action taken
with respect thereto, is deemed to violate any of the requirements of Section 409A 
 (b) Withholding. All payments and benefits
payable pursuant to this Agreement shall be subject to reduction by all applicable withholdings, offsets, social security and other federal, state and local taxes and deductions. 

(c) Arbitration. Except in the event of the need for immediate equitable relief from a court of competent jurisdiction to prevent
irreparable harm pending arbitration relief, and except for enforcement of a party’s remedies to the extent such enforcement must be pursuant to court authorization or order under applicable law, any dispute or controversy arising under or in
connection with this Agreement shall be resolved by confidential binding arbitration. This arbitration shall be held in Florida and except to the extent inconsistent with this Agreement, shall be conducted in accordance with the Expedited Employment
Arbitration Rules of the American Arbitration Association then in effect at the time of the arbitration and otherwise in accordance with principles which would be applied by a court of law or equity. The arbitrator shall be selected by the Company
and Executive; provided, that if within fifteen (15) business days of the date of request for arbitration, the Parties have not been able to make such selection, the dispute shall be heard by a panel of three arbitrators one appointed by each
of the Parties and the third appointed by the other two arbitrators. 
 (d) Notices. Any notice required or desired to be delivered
under this Agreement shall be in writing and shall be delivered personally, by courier service, by certified mail, return receipt requested, or by telecopy and shall be effective upon actual receipt by the party to which such notice shall be
directed, and shall be addressed as follows (or to such other address as the party entitled to notice shall hereafter designate in accordance with the terms hereof): 

If to the Company: 
 Jarden Corporation 

2381 Executive Center Drive 
 Boca
Raton, FL 33431 
 Attn: Chief Operating Officer, Jarden Group 

  
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 If to the Executive: To the address listed as Executive’s principal residence in the Company’s human
resource records. 
 (e) Assignment. Except as provided under Section 7(f) hereof, neither this Agreement nor any of the rights
or obligations hereunder shall be assigned or delegated by any party hereto without the prior written consent of the other party. 
 (f)
Binding Effect. This Agreement shall be binding on, and shall inure to the benefit of, the Company and any person or entity that succeeds to the interest of the Company (regardless of whether such succession does or does not occur by
operation of law) by reason of the sale of all or a portion of the Company’s stock, a merger, consolidation or reorganization involving the Company or, unless the Company otherwise elects in writing, a sale of the assets of the business of the
Company (or portion thereof) in which Executive performs a majority of his services. Without limiting the generality of the foregoing, this Agreement shall be binding on, and shall inure to the benefit of, Successor Sub if Successor Sub is the
surviving entity in the Merger. Additionally, if the Company or any of its successors or assigns (including, but not limited to Successor Sub) (i) shall consolidate with or merge into any other corporation or entity and shall not be the
continuing or surviving corporation or entity of such consolidation or merger or (ii) shall transfer all or substantially all of its properties and assets to any individual, corporation or other entity, then, and in each such case, proper
provisions shall be made so that the successors and assigns of the Company shall assume all of the rights and obligations set forth in this Agreement. This Agreement shall also inure to the benefit of Executive’s heirs, executors,
administrators and legal representatives. 
 (g) Construction. In the event of any conflict between the provisions of this Agreement
and the provisions of any other agreement between the Company and the Executive, the provisions of this Agreement shall control. 
 (h)
Governing Law. This Agreement shall be governed by the laws of the State of Delaware, without regard to the conflicts of law principles thereof. 

(i) Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original but all of which shall
constitute one and the same instrument. Signature by facsimile or PDF shall be treated as an original signature and has the same binding legal effect. 

(j) Headings. The headings in this Agreement are intended solely for convenience of reference and shall be given no effect in the
construction or interpretation of this Agreement. 
 (k) Entire Agreement. This Agreement and the terms of any other agreement
between the Company and the Executive that are incorporated by reference herein, constitute the entire agreement between the Parties hereto with respect to the matters referred to herein. No other agreement relating to the matters referred to herein
shall be binding between the Parties. 

  
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There are no promises, representations, inducements or statements between the Parties other than those that are expressly contained in this Agreement and the specific provisions of any other
agreement between the Company and the Executive that are expressly incorporated by reference herein. Executive acknowledges that he is entering into this Agreement of his own free will and accord, and with no duress, that he has read this Agreement
and that he understands it and its legal consequences and has been advised to consult with an attorney before executing this Agreement. 

(l) Amendments. This Agreement may not be altered, modified or amended except by a written instrument signed by each of the Parties
hereto. 
 (m) Severability. In the event that one or more of the provisions of this Agreement shall become invalid, illegal or
unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein shall not be affected thereby, and as to any provisions deemed to be invalid, illegal or unenforceable, any such provisions shall be
modified and enforced by a court or arbitrator(s) as nearly as possible to the original terms and intent to eliminate such inability, illegality or unenforceability. 

[The remainder of this page has been intentionally left blank] 

  
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 IN WITNESS WHEREOF, the Parties have signed this Separation Agreement as of the Effective Date.

  

			
	 Company:
  

JARDEN CORPORATION

	
	 /s/ John E. Capps

	Name:	  	John E. Capps
	Title:	  	Executive Vice President — Administration, General Counsel and Secretary
	
	Executive:
	
	 /s/ Alan W. LeFevre

	Alan W. LeFevre

  
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 Exhibit A 

General Release of Claims 

This General Release of Claims (“Release”) is entered into by Alan W. LeFevre (the “Releasor”) as of the Effective
Date (as defined herein). 
 In consideration of the compensation and benefits received by the Releasor pursuant to that certain Separation
Agreement, dated as of the Effective Date, between Jarden Corporation (the “Company”) and the Releasor (the “Separation Agreement”), and other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the Releasor, for himself and for his affiliates, distributees, legal and personal representatives, successors and assigns (collectively, the “Releasor Parties”) does hereby release, acquit and forever discharge
the Company and its subsidiaries, affiliates and successors, and each of their respective officers, directors, managers, members, shareholders, attorneys, benefit administrators, agents and employees (collectively, the “Released
Parties”) from, against and in respect of any and all claims, counterclaims, demands, debts, dues, sums of money, bonds, bills, specialties, actions, causes of action, suits, contracts, covenants, controversies, agreements, obligations,
reckonings, promises, variances, accounts, defenses, offsets, deductions, trespasses, damages, judgments, extents, executions and liabilities of any kind of character whatsoever (collectively, “Claims”), known or unknown, suspected
or unsuspected, in contract or in tort, at law or in equity, including such claims and defenses as fraud, mistake, duress and usury, which any or all of the Releasor Parties or their respective heirs, personal representatives, successors and assigns
ever had, now have, or might hereafter have against any or all of the Released Parties, jointly or severally, for, upon or by reason of any matter, cause or thing whatsoever occurring from the beginning of the world to the date hereof, including
without limitation the Releasor’s employment with any of the Released Parties; the Releasor’s compensation, wages, insurance coverage and benefits of any kind; federal, state or local statute or regulation including Title VII of the Civil
Rights Act of 1964, as amended, the Civil Rights Act of 1991 and 1871, the Americans with Disabilities Act, Age Discrimination in Employment Act, Family & Medical Leave Act, Fair Labor Standards Act, the Older Workers Benefit Protection
Act, the Employee Retirement Income Security Act, and all state and local human rights, discrimination and employment laws and regulations; and any and all claims arising under common law, whether in contract or in tort under the laws of any state;
provided, however, that excluded from the scope of this Release are (i) any and all Claims that the Releasor Parties may have against the Released Parties arising under the Separation Agreement (including those benefits and rights
referred to in Section 3 of the Separation Agreement); (ii) any Claim for indemnification the Releasor may have under applicable laws, under the applicable constituent documents (including bylaws and certificates of incorporation or other
similar organizational documents) of any of the Company and its subsidiaries, under any applicable insurance policy any of the Company and its subsidiaries may maintain, or any under any other agreement with the Company or any of its subsidiaries,
with respect to any liability, costs or expenses the Releasor incurs or has incurred as a director, officer or employee of any of the Company and its subsidiaries; (iii) any Claim the Releasor may have to obtain contribution as permitted by law
in the event of entry of judgment against the Releasor as a result of any act or failure to act for which the Releasor and any of the Company or its subsidiaries are jointly liable; (iv) any Claim that arises after the date of this Release; and
(v) the Releasor’s right to file a charge or complaint with the U.S. Equal Employment Opportunity 

  
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Commission (the “EEOC”) or similar federal or state agency, or his ability to participate in an EEOC investigation or proceeding conducted by such agency, except the Releasor
agrees and understands that he will not seek or accept any personal relief including, but not limited to, an award of monetary damages or reinstatement to employment, in connection with such a charge or claims. 

The Releasor acknowledges and agrees that the Releasor has either consulted with counsel of his choosing or has had the opportunity to consult
with counsel of his choosing and has waived such opportunity, that the Releasor has been advised to do so, that the Releasor has carefully read and fully understands all of the provisions of this Release, and that the Releasor is voluntarily
entering into this Release. 
 This Release shall be governed by and construed in accordance with federal law and the laws of the State of
Delaware applicable to agreements made and performed in such state and without regard to conflicts of law doctrines. 
 This Release may be
signed by facsimile or PDF which shall be treated in all manner and respects as an original signature and with the same binding legal effect. 

Executive has been given 21 days to consider the terms of this Release and the Separation Agreement, and has been advised to consult with an
attorney prior to signing this Release and the Separation Agreement. Executive may sign this Release and the Separation Agreement prior to the expiration of the 21 day period. However, under no circumstances may the Executive sign the Release and
Separation Agreement prior to the Separation Date, and any signing of the Release and Separation Agreement prior to the Separation Date shall render the Release and the Separation Agreement null, void and of no effect. Executive further acknowledges
and agrees that he will receive in the Separation Agreement consideration in addition to any benefits to which he is otherwise entitled in exchange for the waiver and release of actual or potential claims described in this Release, including but not
limited to claims arising under the Age Discrimination in Employment Act. Executive may, by written notice delivered to the Chief Operating Officer of the Company, revoke this Release at any time within the seven-day period following
Executive’s signing of this Release (the “Revocation Period”). This Release shall not become effective or enforceable, and the Company shall not have incurred any obligations pursuant to the Separation Agreement, until the eighth day
after the Executive signs this Release and the Separation Agreement provided that Executive has not revoked this Release during the Revocation Period (the “Effective Date”). 

Releasor: 
  

			
	 /s/ Alan W. LeFevre

	Alan W. LeFevre
		
	Date:	 	April 15, 2016

  
 11EX-10.3

 Exhibit 10.3 

2017 Accelerated Award Agreement 

JARDEN CORPORATION 2013 STOCK INCENTIVE PLAN 

RESTRICTED STOCK AGREEMENT FOR 

MARTIN FRANKLIN 
 1. Award of
Restricted Stock. Jarden Corporation (the “Company”) hereby grants, as of April 13, 2016 (the “Date of Grant”), to Martin Franklin (the “Recipient”), 375,000 restricted shares of the Company’s common
stock, par value $0.01 per share (collectively the “Restricted Stock”). The Restricted Stock shall be subject to the terms, provisions and restrictions set forth in this Agreement and the Jarden Corporation 2013 Stock Incentive Plan (the
“Plan”), which is incorporated herein for all purposes. As a condition to entering into this Agreement, and as a condition to the issuance of any Shares (or any other securities of the Company), the Recipient agrees to be bound by all of
the terms and conditions herein and in the Plan. Unless otherwise provided herein, capitalized terms used herein that are defined in the Plan and not defined herein shall have the meanings attributable thereto in the Plan. 

2. Vesting of Restricted Stock. 

(a) Performance Conditions. The shares of Restricted Stock shall become vested on the last day (such date, the “Vesting
Date”) of any five consecutive trading day period ending on or after January 1, 2017 during which the average closing price of the Shares on the New York Stock Exchange (or such other securities exchange on which the Shares may then be
traded) equals or exceeds 105% of the closing price of a Share on the New York Stock Exchange (or such other securities exchange in which the Shares then may be traded) on December 31, 2016, provided that the Vesting Date must occur, if at all,
prior to the fifth anniversary of the Date of Grant. 
 In the event that a Change of Control occurs during the Recipient’s Continuous
Service, unless the Company is the surviving entity in the Change of Control and the Restricted Stock Award continues to be outstanding after the Change of Control of the Company on substantially the same terms and conditions as were applicable
immediately prior to the Change of Control, then the shares of Restricted Stock subject to this Agreement shall automatically and without any action on the part of the Recipient, shall become fully vested immediately prior to the Change in Control.

 (b) Definitions. For purposes of this Agreement, the following terms shall have the meanings indicated: 

(i) “Non-Vested Shares” means any portion of the Restricted Stock subject to this Agreement that has not become vested
pursuant to this Section 2. 
 (ii) “Vested Shares” means any portion of the Restricted Stock subject to this Agreement that
is and has become vested pursuant to this Section 2. 
 3. Delivery of Restricted Stock. 

(a) Issuance of Stock Certificates and Legends. One or more stock certificates evidencing the Restricted Stock shall be issued
in the name of the Recipient but shall be held and 

  
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 2017 Accelerated Award Agreement 

 

 
retained by the Company until the date (the “Applicable Date”) on which the Shares (or a portion thereof) 

subject to this Restricted Stock award become Vested Shares pursuant to Section 2 hereof, subject to the provisions of Section 4 hereof. All such
stock certificates shall bear the following legend, along with such other legends that the Board or the Committee shall deem necessary and appropriate or which are otherwise required or indicated pursuant to any applicable stockholders agreement:

 THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO SUBSTANTIAL VESTING AND OTHER RESTRICTIONS AS SET FORTH IN THE RESTRICTED STOCK
AGREEMENT BETWEEN THE ISSUER AND THE ORIGINAL HOLDER OF THE SHARES, A COPY OF WHICH MAY BE OBTAINED AT THE PRINCIPAL OFFICE OF THE ISSUER. SUCH RESTRICTIONS ARE BINDING ON TRANSFEREES OF THESE SHARES, AND INCLUDE VESTING CONDITIONS WHICH MAY RESULT
IN THE COMPLETE FORFEITURE OF THE SHARES. 
 (b) Stock Powers. The Recipient shall deposit with the Company stock powers or
other instruments of transfer or assignment, duly endorsed in blank with signature(s) guaranteed, corresponding to each certificate representing shares of Restricted Stock until such shares become Vested Shares. If the Recipient shall fail to
provide the Company with any such stock power or other instrument of transfer or assignment, the Recipient hereby irrevocably appoints the Secretary of the Company as his attorney-in-fact, with full power of appointment and substitution, to execute
and deliver any such power or other instrument which may be necessary to effectuate the transfer of the Restricted Stock (or assignment of distributions thereon) on the books and records of the Company. 

(c) Delivery of Stock Certificates. On or after each Applicable Date, upon written request to the Company by the Recipient, the
Company shall promptly cause a new certificate or certificates to be issued for and with respect to all shares that become Vested Shares on that Applicable Date, which certificate(s) shall be delivered to the Recipient as soon as administratively
practicable after the date of receipt by the Company of the Recipient’s written request. The new certificate or certificates shall continue to bear those legends and endorsements that the Company shall deem necessary or appropriate (including
those relating to restrictions on transferability and/or obligations and restrictions under the Securities Laws). 
 (d) Issuance
without Certificates. If the Company is authorized to issue Shares without certificates, then the Company may, in the discretion of the Committee, issue Shares pursuant to this Agreement without certificates, in which case any references in
this Agreement to certificates shall instead refer to whatever evidence may be issued to reflect the Recipient’s ownership of the Shares subject to the terms and conditions of this Agreement. 

4. Non-Forfeiture of Non-Vested Shares. If the Recipient’s Continuous Service with the Company and the Related Entities is terminated for
any reason other than a Termination for Cause (as defined in the Employment Agreement), any Shares of Restricted Stock that are not Vested Shares, and that do not become Vested Shares pursuant to Section 2 hereof or pursuant to

  
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 2017 Accelerated Award Agreement 

 

 
the Employment Agreement as a result of such termination, shall not be forfeited but shall 
 continue
to remain outstanding and subject to the terms of this Agreement as if Recipient’s Continuous Service with the Company had continued. Vested Shares shall not be subject to forfeiture, cancellation or reimbursement. 

5. Clawback. The Recipient’s rights with respect to the Shares of Restricted Stock granted pursuant to this Agreement are subject to and
conditioned upon the Recipient’s compliance with the noncompetition, confidentiality and other covenants contained in any employment agreement or other agreement between the Company and the Recipient (the “Employee Agreement”),
including with respect to specified non-competition covenants through the fourth anniversary of the date on which the Recipient’s Continuous Service terminates for any reason. In addition to the terms and remedies set forth in any Employee
Agreement, if Recipient breaches any of the foregoing covenants contained in any Employee Agreement, then the Company or its successor shall be entitled to recover from Recipient, and Recipient shall be required to pay, the Fair Market Value on the
applicable vesting date of the quantity of Shares of Restricted Stock that were released to the Recipient on or after that vesting date. 
 6. Rights
with Respect to Restricted Stock. 
 (a) General. Except as otherwise provided in this Agreement, the Recipient shall
have, with respect to all of the shares of Restricted Stock, whether Vested Shares or Non-Vested Shares, all of the rights of a holder of shares of common stock of the Company, including without limitation (i) the right to vote such Restricted
Stock, (ii) the right to receive dividends, if any, as may be declared on the Restricted Stock from time to time, and (iii) the rights available to all holders of shares of common stock of the Company upon any merger, consolidation,
reorganization, liquidation or dissolution, stock split-up, stock dividend or recapitalization undertaken by the Company; provided, however, that all of such rights shall be subject to the terms, provisions, conditions and restrictions set forth in
this Agreement (including without limitation conditions under which all such rights shall be forfeited). Any Shares or other property issued to the Recipient as a dividend with respect to shares of Restricted Stock shall be subject to restrictions
and a risk of forfeiture to the same extent as the Restricted Stock with respect to which such Shares or other property have been distributed. In addition, notwithstanding any provision to the contrary herein, any cash dividends declared with
respect to shares of Restricted Stock subject to this Agreement shall be held in escrow by the Committee until such time as the shares of Restricted Stock that such cash dividends are attributed to shall become Vested Shares, and in the event that
such shares of Restricted Stock are subsequently forfeited, the cash dividends attributable to such portion shall be forfeited as well. 

(b) Adjustments to Shares. If at any time while this Agreement is in effect (or Shares granted hereunder shall be or remain
unvested), there shall be any increase or decrease in the number of issued and outstanding Shares of the Company through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of
such Shares, then and in that event, the Board or the Committee shall make any adjustments it deems fair and appropriate, in view of such change, in the number of shares of Restricted Stock then subject to this Agreement. If any such adjustment
shall result in a fractional Share, such fraction shall be disregarded. 

  
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 2017 Accelerated Award Agreement 

 

 (c) No Restrictions on Certain Transactions. Notwithstanding any term or
provision of this Agreement to the contrary, the existence of this Agreement, or of any outstanding Restricted Stock awarded hereunder, shall not affect in any manner the right, power or authority of the Company to make, authorize or consummate:
(i) any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business; (ii) any merger, consolidation or similar transaction by or of the Company; (iii) any offer,
issue or sale by the Company of any capital stock of the Company, including any equity or debt securities, or preferred or preference stock that would rank prior to or on parity with the Restricted Stock and/or that would include, have or possess
other rights, benefits and/or preferences superior to those that the Restricted Stock includes, has or possesses, or any warrants, options or rights with respect to any of the foregoing; (iv) the dissolution or liquidation of the Company;
(v) any sale, transfer or assignment of all or any part of the stock, assets or business of the Company; or (vi) any other corporate transaction, act or proceeding (whether of a similar character or otherwise). 

7. Transferability. Unless otherwise determined by the Committee, the shares of Restricted Stock are not transferable unless and until they
become Vested Shares in accordance with this Agreement, otherwise than by will or under the applicable laws of descent and distribution. The terms of this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns
of the Recipient. Except as otherwise permitted pursuant to the first sentence of this Section, any attempt to effect a Transfer of any shares of Restricted Stock prior to the date on which the shares become Vested Shares shall be void ab
initio. For purposes of this Agreement, “Transfer” shall mean any sale, transfer, encumbrance, gift, donation, assignment, pledge, hypothecation, or other disposition, whether similar or dissimilar to those previously enumerated,
whether voluntary or involuntary, and including, but not limited to, any disposition by operation of law, by court order, by judicial process, or by foreclosure, levy or attachment. 

8. Tax Matters; Section 83(b) Election. 

(a) Section 83(b) Election. The Recipient may elect, within thirty (30) days of the Date of Grant, to include in gross
income for federal income tax purposes an amount equal to the Fair Market Value (as of the Date of Grant) of the Restricted Stock pursuant to Section 83(b) of the Code (the “Section 83(b) Election”). If the Recipient properly makes
the Section 83(b) Election, the Recipient shall provide a copy of the statement making the Section 83(b) Election to the Company on or before the date on which the statement making the Section 83(b) Election is filed with the Internal
Revenue Service and the Recipient shall make arrangements satisfactory to the Company to pay to the Company any federal, state or local income taxes required to be withheld with respect to the Restricted Stock. If the Recipient shall fail to make
such tax payments as are required, the Company shall, to the extent permitted by law, have the right to deduct from any payment of any kind (including without limitation, the withholding of any Shares that otherwise would be issued to the Recipient
under this Agreement) otherwise due to the Recipient any federal, state or local taxes of any kind required by law to be withheld with respect to the Restricted Stock. 

(b) No Section 83(b) Election. If the Recipient does not properly make the Section 83(b) Election, the Recipient
shall, no later than the date or dates as of which the restrictions referred to in this Agreement hereof shall lapse, pay to the Company, or make 

  
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 2017 Accelerated Award Agreement 

 

 
arrangements satisfactory to the Committee for payment of, any federal, state or local taxes of any kind required by law to be withheld with respect to the Restricted Stock (including without
limitation the vesting thereof), and the Company shall, to the extent permitted by law, have the right to deduct from any payment of any kind (including without limitation, the withholding of any Shares that otherwise would be distributed to the
Recipient under this Agreement) otherwise due to Recipient any federal, state, or local taxes of any kind required by law to be withheld with respect to the Restricted Stock. 

(c) Satisfaction of Withholding Requirements. The Recipient may satisfy the withholding requirements with respect to the
Restricted Stock pursuant to any one or combination of the following methods: 
 (i) payment in cash; or 

(ii) payment by surrendering unrestricted previously held Shares which have a value equal to the required withholding amount or the withholding
of Shares that otherwise would be deliverable to the Recipient pursuant to this Award. The Recipient may surrender Shares either by attestation or by delivery of a certificate or certificates for shares duly endorsed for transfer to the Company, and
if required with medallion level signature guarantee by a member firm of a national stock exchange, by a national or state bank (or guaranteed or notarized in such other manner as the Committee may require). 

(d) Recipient’s Responsibilities for Tax Consequences. Tax consequences on the Recipient (including without limitation
federal, state, local and foreign income tax consequences) with respect to the Restricted Stock (including without limitation the grant, vesting and/or forfeiture thereof) are the sole responsibility of the Recipient. The Recipient shall consult
with his or her own personal accountant(s) and/or tax advisor(s) regarding these matters, the making of a Section 83(b) Election, and the Recipient’s filing, withholding and payment (or tax liability) obligations. 

9. Amendment, Modification & Assignment. This Agreement may only be modified or amended in a writing signed by the parties hereto. No
promises, assurances, commitments, agreements, undertakings or representations, whether oral, written, electronic or otherwise, and whether express or implied, with respect to the subject matter hereof, have been made by either party which are not
set forth expressly in this Agreement. Unless otherwise consented to in writing by the Company, in its sole discretion, this Agreement (and Recipient’s rights hereunder) may not be assigned, and the obligations of Recipient hereunder may not be
delegated, in whole or in part. The Company may assign any of its rights under this Agreement. The rights and obligations created hereunder shall be binding on the Recipient and his heirs and legal representatives and on the successors and assigns
of the Company. 
 10. Complete Agreement. This Agreement (together with those agreements and documents expressly referred to herein, for the
purposes referred to herein) embody the complete and entire agreement and understanding between the parties with respect to the subject matter hereof, and supersede any and all prior promises, assurances, commitments, agreements, undertakings or
representations, whether oral, written, electronic or otherwise, and whether express or implied, which may relate to the subject matter hereof in any way. 

  
 5 

 2017 Accelerated Award Agreement 

 

 11. Miscellaneous. 

(a) No Right to (Continued) Employment or Service. This Agreement and the grant of Restricted Stock hereunder shall not confer,
or be construed to confer, upon the Recipient any right to employment or service, or continued employment or service, with the Company or any Related Entity. 

(b) No Limit on Other Compensation Arrangements. Nothing contained in this Agreement shall preclude the Company or any Related
Entity from adopting or continuing in effect other or additional compensation plans, agreements or arrangements, and any such plans, agreements and arrangements may be either generally applicable or applicable only in specific cases or to specific
persons. 
 (c) Severability. If any term or provision of this Agreement is or becomes or is deemed to be invalid, illegal or
unenforceable in any jurisdiction or under any applicable law, rule or regulation, then such provision shall be construed or deemed amended to conform to applicable law (or if such provision cannot be so construed or deemed amended without
materially altering the purpose or intent of this Agreement and the grant of Restricted Stock hereunder, such provision shall be stricken as to such jurisdiction and the remainder of this Agreement and the award hereunder shall remain in full force
and effect). 
 (d) No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder shall create
or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to
receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company. 

(e) Law Governing. This Agreement shall be governed by and construed and enforced in accordance with the internal laws of the
State of Delaware (without reference to the conflict of laws rules or principles thereof). 
 (f) Interpretation. The
Recipient accepts the Restricted Stock subject to all of the terms, provisions and restrictions of this Agreement and the Plan. The undersigned Recipient hereby accepts as binding, conclusive and final all decisions or interpretations of the Board
or the Committee upon any questions arising under this Agreement or the Plan. 
 (g) Headings. Section, paragraph and other
headings and captions are provided solely as a convenience to facilitate reference. Such headings and captions shall not be deemed in any way material or relevant to the construction, meaning or interpretation of this Agreement or any term or
provision hereof. 
 (h) Notices. Any notice under this Agreement shall be in writing and shall be deemed to have been duly
given when delivered personally or when deposited in the United States mail, registered, postage prepaid, and addressed, in the case of the Company, to the Company’s Secretary at 2381 NW Executive Center Drive, Boca Raton, Florida 33431, or if
the Company should move its principal office, to such principal office, and, in the case of the Recipient, to the Recipient’s last permanent address as shown on the Company’s records, subject to the right of either party to designate some
other address at any time hereafter in a notice satisfying the requirements of this Section. 

  
 6 

 2017 Accelerated Award Agreement 

 

 (i) Non-Waiver of Breach. The waiver by any party hereto of the other
party’s prompt and complete performance, or breach or violation, of any term or provision of this Agreement shall be effected solely in a writing signed by such party, and shall not operate nor be construed as a waiver of any subsequent breach
or violation, and the waiver by any party hereto to exercise any right or remedy which he or it may possess shall not operate nor be construed as the waiver of such right or remedy by such party, or as a bar to the exercise of such right or remedy
by such party, upon the occurrence of any subsequent breach or violation. 
 (j) Counterparts. This Agreement may be executed
in two or more separate counterparts, each of which shall be an original, and all of which together shall constitute one and the same agreement. 

  
 7 

 2017 Accelerated Award Agreement 

 

 IN WITNESS WHEREOF, the parties hereto, intending to be legally bound, have executed
this Agreement as of the date first written above. 
  

			
	JARDEN CORPORATION:
		
	By:	 	 /s/ John E. Capps

	Name:	 	John E. Capps
	Title:	 	EVP Administration, General Counsel & Secretary

 Agreed and Accepted: 

RECIPIENT: 
  

			
	By:	 	/s/ Martin Franklin
		 	Martin Franklin

  
 8

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