Document:

Exhibit 10.25

[FORM OF EMPLOYMENT OFFER LETTER FOR CLOROX
EXECUTIVE COMMITTEE MEMBERS]

[Date]

Dear                        ,

Congratulations. I am delighted to confirm our
employment offer to you for the position of                      
for the Clorox Company. We believe you will be an excellent addition to the
Company’s senior management team and that you will be able to play a key role
in the growth and development of the Company in the years ahead.

The
key points of our employment offer are as follows:

	
  Annual Salary

  	
  Your annual base salary
  will be $            ,
  payable semimonthly, per the Company’s Salary Administration Policy.

  
	
  Reporting Relationship

  	
  You will report
  directly to                     .

  
	
  Responsibilities

  	
  In this position
  you will be responsible for                  .

  
	
   

  	
  You will also be a member of the Clorox Executive
  Committee (CEC) and a member of the Clorox Leadership (CLC) and Clorox
  Management (CMC) Committees.

  
	
  Sign-on Cash

  	
  You will receive
  an acceptance allowance of $            .

  
	
  Sign-on Stock Options

  	
  You will receive             
  of non-qualified stock options within 90 days of your hire date. This grant
  will be effective on your hire date and the option price will be the fair
  market value on your date of hire. Fair market value is defined as the
  closing sales price for a share on the last market-trading day prior to the
  grant date. Your options will vest over four years: 25% each year beginning
  one year from the grant date. At today’s price of approximately $           ,
  the value of this award is approximately $           using
  the Black-Scholes valuation methodology.

  
	
  Sign-on Restricted Stock

  	
  After you have
  been employed with the Company for 30 days, you will receive          
  shares of Restricted Stock ($        
  approximate value at today’s price). The Restricted Stock grant will be
  released 50% at the end of two years and 50% at the end of four years.

  
	
  Sign-on Performance Units

  	
  You will receive             
  performance units within 90 days of your hire date. This grant will be
  effective on your hire date. These shares will vest in             
  based on Clorox’s ROIC performance during this timeframe. At today’s price of
  approximately $            ,
  the value of this award is approximately $            
  using the Black-Scholes valuation methodology.

  
	
  Executive Incentive
  Compensation Plan

  	
  You will be a
  participant in our Executive Incentive Compensation (“EIC”) plan. Awards
  under this plan are based on the progress of the Company’s business and
  performance against key Clorox initiatives. Your annual cash bonus target
  award under this plan will be        %
  of your base salary. The payout amounts range from 0% to 200%. The actual
  award will be adjusted upward or downward depending upon the Company’s
  performance and an evaluation of your individual performance. (For this
  fiscal year, you will be paid a guaranteed payout at target (based on a 100%
  Corporate and individual payout), prorated from the date of hire).

  

 

	
  Long-Term Incentive Program

  	
  You will be
  eligible to participate in the Company’s long-term incentive program, which
  currently includes awards of stock options and performance shares. Awards are
  normally granted in September. Awards are targeted at the median of the
  compensation comparator group with an opportunity to reach the 75th
  percentile for top tier company performance. You will be eligible for
  consideration for an annual award in            .

  
	
  Supplemental Executive
  Retirement Plan

  	
  You will be a
  participant in the Supplemental Executive Retirement Plan (“SERP”), which is
  currently targeted to provide 55% of your average annual cash compensation,
  including bonus (EIC), for the highest three years of employment for
  participants retiring at age 65 with a minimum of 15 years of service. A
  reduced benefit is available to those who retire at or after age 55 with at
  least 10 years of service.

  
	
  Employment Agreement

  	
  You will be
  provided a two-year Employment Agreement.

  
	
  Change in Control Agreement

  	
  You will be
  provided a Change in Control Employment Agreement with a three-year term.

  
	
  Company Car

  	
  You will be
  provided a Company automobile or an allowance ($           
  per year) plus parking and a cell phone.

  
	
  Benefits

  	
  You will
  participate in all of The Clorox Company’s Employee Plans for Salaried
  Employees. Any waiting period will be waived, except for the Value Sharing
  and Pension Plan where participation begins after one year of employment.
  Participation in the 401(k) Plan will start immediately, but eligibility
  to receive the Company matching contribution will begin one year after
  employment.

  
	
  Vacation

  	
  You will be
  eligible for four (4) weeks of vacation in addition to regular Company
  holidays. Your first year of vacation will be pro-rated based on your start
  date. The accrual and usage of vacation is subject to the provisions set
  forth in the Company’s Vacation policy.

  
	
  Club Membership

  	
  You will be
  entitled to membership in a local luncheon club or athletic club.

  
	
  Financial Planning

  	
  You will receive
  an annual credit of $           
  toward financial planning services. Financial planning is provided either by
  Kochis Fitz or Price-WaterhouseCoopers (forty percent of the annual fee is
  considered imputed income and has applicable taxes withheld from each
  paycheck).

  
	
  Air Travel

  	
  You may travel by
  Business Class, or First Class if Business Class is not available,
  for flights longer than 3 hours.

  
	
  Relocation

  	
  We will cover
  relocation expenses associated with your move per our relocation policy.

  
	
  Start date

  	
               ,
  pending satisfactorily meeting the requirements listed below.

  

 

Your offer and employment are contingent upon the
following:

·       Successful
completion of pre-employment screening, which may include a background check
and credit report.

·       Verification
of your right-to-work status, as required under the 1986 Immigration Reform and
Control Act. You will be required to present original documents as proof of
your identity and right to work on your first day of employment. A list of
acceptable documents is attached.

·       Satisfying
the Company’s pre-employment drug testing requirements. Once you have advised
us of your acceptance of this offer, please contact the National Scheduling
Center within 72 hours at (888) 695-3465 (8 a.m. – 6 p.m., Eastern
time, Monday – Friday) to arrange for a pre-employment 

drug screening. Take the
enclosed Chain of Custody form and air bill with you to the collection
facility.

·       Our
receipt of your signed letter of acceptance.

Also, enclosed is a copy of the Invention Assignment
and Secrecy Agreement that you will be required to sign when you start
employment.

Please acknowledge acceptance of our offer by signing
and dating a copy of this letter below and faxing a copy to             
and returning the original in the self-addressed envelope to             
by            .

I’m excited about the prospect of you joining Clorox
and the opportunity for us to work together. I believe you will have a positive
impact on the growth, the long-term strategy and direction of the Company.

If you
have any questions or need clarification on any of the above items, please call
me at            .

	
  

  	
  Best Regards,

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  
	
  This offer remains valid
  through 

  	
   

  	
   

  
	
  I accept the employment offer under the terms listed
  above.

  
	
   

  
	
  Signature:

  	
   

  	
   

  
	
   

  
	
  Date:Exhibit 10.26

Summary Schedule of Director Compensation

Non-management
directors of The Clorox Company receive annual fees for service on the Board of
Directors and Board Committees as follows:

	
  Annual director
  retainer

  	
   

  	
  $

  	
  75,000

  	
   

  
	
  Presiding director
  retainer

  	
   

  	
  25,000

  	
   

  
	
  Committee chair
  retainers:

  	
   

  	
   

  	
   

  
	
  Nominating and Governance Committee*

  	
   

  	
  0

  	
   

  
	
  Finance Committee

  	
   

  	
  5,000

  	
   

  
	
  Audit Committee

  	
   

  	
  15,000

  	
   

  
	
  Management
  Development and Compensation Committee

  	
   

  	
  15,000

  	
   

  

*                    The presiding director
is currently chair of the Nominating and Governance Committee and does not
receive a Committee chair retainer in addition to the Presiding Director
retainer.

Under the Company’s Independent Directors’ Stock-Based
Compensation Plan, a director may annually elect to receive all or a portion of
his or her annual retainer and fees in the form of cash, Common Stock, deferred
cash or deferred stock units. In addition, each non-management director
receives an annual grant of deferred stock units with a value of $75,000. Interest
accrues on deferred cash amounts at an annual interest rate equal to Wells
Fargo Bank’s prime lending rate in effect on January 1 of each year. Each
deferred stock unit represents a hypothetical share of Common Stock, and additional
deferred stock units are allocated to a participant’s deferred stock unit
account in amounts equivalent to Common Stock dividends paid by the Company.
Upon termination of service as a director, the amounts accrued for the account
of the director under the Independent Directors’ Stock-Based Compensation Plan
are paid out at the director’s election in five annual installments or in one
lump sum payment. In addition, each non-management director is entitled to
receive $2,500 per day for any special assignment requested of any such
director by the Board. No special assignment fees were paid in fiscal year
2005.

In addition to the annual fees described above, each
new director receives a one-time grant of 8,000 options upon joining the Board.

Other than compensation described above, directors who
are not employees of the Company do not receive any additional form of direct
compensation, nor do they participate in any of the Company’s employee benefit
plans, except the Company’s higher education matching gifts program, under
which the Company will match up to $5,000 annually in gifts to an eligible
institution of higher learning. Management directors receive no additional
compensation for their service as directors.

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