Document:

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                                                                   EXHIBIT 10(k)

                              EMPLOYMENT AGREEMENT

         AGREEMENT, dated as of the ____ day of _______________, 2001 (this
"Agreement"), by and between The Gillette Company, a Delaware corporation (the
"Company"), and ((NAME)) (the "Executive").

         WHEREAS, the Company has determined that it is in its best interests
and that of its stockholders to continue to employ the Executive upon terms and
conditions intended to assure that the Company will have the continued
dedication of the Executive without distraction relating to employment and
severance terms and conditions, to encourage the Executive's full attention and
dedication to the Company, to provide the Executive with compensation, benefits
and severance arrangements that are competitive with those of other peer
companies and to protect the interests of the Executive and Company in the event
the employment of the Executive is terminated.

         WHEREAS, the Executive desires to continue his employment with the
Company, subject to the terms and conditions of this Agreement.

         Therefore, in consideration of the premises and mutual covenants
contained herein and for other good and valuable consideration, the receipt of
which is mutually acknowledged, the Company and the Executive agree as follows:

         SECTION 1. CERTAIN DEFINITIONS

         (a) "AFFILIATED COMPANY " means any company controlled by, or under
common control with, the Company.

         (b) "CHANGE OF CONTROL" means

         (1) The acquisition by any individual, entity or group (within the
meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934,
as amended (the "Exchange Act")) (a "Person") of beneficial ownership (within
the meaning of Rule 13d-3 promulgated under the Exchange Act) of 20% or more of
either (A) the then-outstanding shares of common stock of the Company (the
"Outstanding Company Common Stock") or (B) the combined voting power of the
then-outstanding voting securities of the Company entitled to vote generally in
the election of directors (the "Outstanding Company Voting Securities");
provided, however, that, for purposes of this Section 1(b)(1), the following
acquisitions shall not constitute a Change of Control: (i) any acquisition
directly from the Company, (ii) any acquisition by the Company, (iii) any
acquisition by any employee benefit plan (or related trust) sponsored or
maintained by the Company or any Affiliated Company or (iv) any acquisition by
any corporation pursuant to a transaction that complies with Sections
1(b)(3)(A), 1(b)(3)(B) and 1(b)(3)(C);

                                     [LAST NAME] - GILLETTE EMPLOYMENT AGREEMENT
                                                                    PAGE 1 OF 18
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         (2) Individuals who, as of December 16, 1999, constituted the Board
(the "Incumbent Board") cease for any reason to constitute at least a majority
of the Board; provided, however, that any individual becoming a director
subsequent to December 16, 1999 whose election, or nomination for election by
the Company's stockholders, was approved by a vote of at least a majority of the
directors then comprising the Incumbent Board shall be considered as though such
individual were a member of the Incumbent Board, but excluding, for this
purpose, any such individual whose initial assumption of office occurs as a
result of an actual or threatened election contest with respect to the election
or removal of directors or other actual or threatened solicitation of proxies or
consents by or on behalf of a Person other than the Board;

         (3) Consummation of a reorganization, merger, consolidation or sale or
other disposition of all or substantially all of the assets of the Company (a
"Business Combination"), in each case, unless, following such Business
Combination, (A) all or substantially all of the individuals and entities that
were the beneficial owners of the Outstanding Company Common Stock and the
Outstanding Company Voting Securities immediately prior to such Business
Combination beneficially own, directly or indirectly, more than 60% of the
then-outstanding shares of common stock and the combined voting power of the
then-outstanding voting securities entitled to vote generally in the election of
directors, as the case may be, of the corporation resulting from such Business
Combination (including, without limitation, a corporation that, as a result of
such transaction, owns the Company or all or substantially all of the Company's
assets either directly or through one or more subsidiaries) in substantially the
same proportions as their ownership immediately prior to such Business
Combination of the Outstanding Company Common Stock and the Outstanding Company
Voting Securities, as the case may be, (B) no Person (excluding any corporation
resulting from such Business Combination or any employee benefit plan (or
related trust) of the Company or such corporation resulting from such Business
Combination) beneficially owns, directly or indirectly, 20% or more of,
respectively, the then-outstanding shares of common stock of the corporation
resulting from such Business Combination or the combined voting power of the
then-outstanding voting securities of such corporation, except to the extent
that such ownership existed prior to the Business Combination, and (C) at least
a majority of the members of the board of directors of the corporation resulting
from such Business Combination were members of the Incumbent Board at the time
of the execution of the initial agreement or of the action of the Board
providing for such Business Combination; or

         (4) Approval by the stockholders of the Company of a complete
liquidation or dissolution of the Company.

         (c) "TARGET BONUS AMOUNT" means the greater of (1) the target bonus
applicable to the Executive, as defined in the Company's Incentive Bonus Plan or
any comparable provision of any successor annual bonus plan for the incentive
year during which the Executive's employment is terminated, or (2) the amount
actually paid to the Executive pursuant to Section 13 of the Company's Incentive
Bonus plan or any comparable provision of any successor annual bonus plan for
the incentive year immediately preceding the year of the Executive's termination
of employment.

                                     [LAST NAME] - GILLETTE EMPLOYMENT AGREEMENT
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         (d) "PEER EXECUTIVE" means a full-time employee who is treated by the
Company as a United States employee for employment and benefits purposes and
holds a position of grade 25 and above, excluding the Chief Executive Officer.

         SECTION 2. TERM OF AGREEMENT

         The Company hereby agrees to continue the Executive in its employ, and
the Executive hereby agrees to remain in the employ of the Company, subject to
the terms and conditions of this Agreement, for the period commencing on the
date hereof (the "Effective Date") and ending on December 31, 2003 (the
"Employment Period"); provided, however, that commencing on December 31, 2002,
and on each annual anniversary of such date (such date and each anniversary
thereof being hereinafter referred to as a "Renewal Date"), unless previously
terminated, the Employment Period shall be automatically extended so as to
terminate two years from such Renewal Date, unless, at least 60 days prior to
the Renewal Date, the Company shall give notice to the Executive that the
Employment Period shall not be so extended. This Agreement shall automatically
terminate and be replaced and superseded by the Change of Control Employment
Agreement executed between the Company and the Executive (the "Change of Control
Agreement") upon the Effective Date of the Change of Control Agreement as
defined therein. The Company reserves the right to terminate the Employment
Period under this Agreement pursuant to this paragraph without terminating the
Executive's employment with the Company.

         (a) COMMITMENT TO DUTIES. During the Employment Period, and excluding
any periods of vacation and medical or other leave of absence to which the
Executive is entitled, the Executive agrees to faithfully and diligently perform
all duties and responsibilities of his position and devote reasonable attention,
skill, energy, ability and time during normal business hours to the business and
affairs of the Company and, to the extent necessary, to discharge the
responsibilities assigned to the Executive hereunder, and to use the Executive's
reasonable best efforts to perform faithfully and efficiently such
responsibilities. During the Employment Period, it shall not be a violation of
this Agreement for the Executive to (1) serve on corporate, civic or charitable
boards or committees, (2) deliver lectures, fulfill speaking engagements or
teach at educational institutions and (3) manage personal investments, so long
as such activities do not significantly interfere with the performance of the
Executive's responsibilities as an employee of the Company in accordance with
this Agreement. It is expressly understood and agreed that, to the extent that
any such activities have been conducted by the Executive prior to the Effective
Date, the continued conduct of such activities (or the conduct of activities
similar in nature and scope thereto) subsequent to the Effective Date shall not
thereafter be deemed to interfere with the performance of the Executive's
responsibilities to the Company.

         (b) CONFIDENTIALITY. During the Employment Period, the Executive shall
not disclose to anyone outside the Company, nor use in other than the Company's
business, any trade secret or confidential information or knowledge relating to
the Company's business or acquired by reason of employment with the Company.

                                     [LAST NAME] - GILLETTE EMPLOYMENT AGREEMENT
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         (c) ASSIGNMENT OF INVENTIONS AND IDEAS. In accordance with the
Executive's prior employment agreement with the Company, the Executive hereby
sells, assigns and transfers to the Company his entire interest in any invention
or idea, patentable or not, made or conceived solely or jointly by him (1)
during the Employment Period or previous period of employment with the Company,
whether or not during business hours and whether or not on Company premises, or
(2) within a period of one year after the Date of Termination as hereinafter
defined. The Executive agrees to promptly disclose such idea or invention to the
Company, execute and deliver all required instruments (including a specific
assignment of title to the Company), and do anything else reasonably necessary
to enable the Company, at its own expense, to secure patent and other property
rights in the United States and in foreign countries.

         (d) COMPLIANCE WITH COMPANY POLICIES. During the Employment Period, the
Executive shall conform to and comply with the policies, rules and regulations
of the Company.

         SECTION 3. TERMS AND CONDITIONS OF EMPLOYMENT

         The following terms and conditions shall apply to the Executive's
employment:

         (a) POSITION AND DUTIES. The Executive shall continue to serve in his
current position or such other executive position as determined by the Company's
Chief Executive Officer.

         (b) COMPENSATION

         (1) BASE SALARY. The Executive shall receive an Annual Base Salary
("Annual Base Salary") of $________, which Annual Base Salary shall be payable
in periodic installments, no less frequently than semi-monthly. During the
Employment Period, the Annual Base Salary shall be reviewed for possible
increase every twelve to fifteen months, depending on position and salary range.
Any increase in the Annual Base Salary shall not limit or reduce any other
obligation of the Company under this Agreement. The Annual Base Salary shall not
be reduced after any such increase, and the term "Annual Base Salary" shall
thereafter refer to the Annual Base Salary as so increased.

         (2) INCENTIVE, SAVINGS AND RETIREMENT PLANS. The Executive shall be
eligible to participate in all incentive, savings and retirement plans and
programs generally offered to other Peer Executives of the Company, as those
plans and programs may change from time to time.

         (3) INSURANCE AND WELFARE BENEFIT PLANS. The Executive and/or the
Executive's family, as the case may be, shall be eligible for participation in
and shall receive all benefits under the Company's Executive Life Insurance Plan
and Estate Preservation Plan, and any other welfare benefit plans and programs
generally offered to other Peer Executives of the Company (which currently
include medical, dental, disability, spouse/dependent life insurance and travel
accident insurance plans and programs), as those plans and programs may exist
and change from time to time.

                                     [LAST NAME] - GILLETTE EMPLOYMENT AGREEMENT
                                                                    PAGE 4 OF 18
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         (4) EXPENSES. The Executive shall be entitled to receive prompt
reimbursement for all reasonable expenses incurred by the Executive in
accordance with the policies, practices and procedures of the Company, in effect
from time to time, for Peer Executives of the Company.

         (5) FRINGE BENEFITS. The Executive shall be eligible for all fringe
benefits generally offered to other Peer Executives of the Company, as those
benefits may change from time to time.

         (6) VACATION. The Executive shall be entitled to paid vacation provided
generally to other Peer Executives of the Company in accordance with the plans,
policies, programs and practices of the Company, as they may change from time to
time.

         (7) EFFECT OF TERMINATION. Notwithstanding anything in this Agreement
to the contrary, upon termination of employment for any reason, the Executive's
employment shall cease on the Date of Termination and the Executive shall have
no further right to the payments or benefits described in this Section 3, but
shall look to the right to the payments and benefits described in Section 5.

         SECTION 4. TERMINATION OF EMPLOYMENT

         (a) DEATH. The Executive's employment shall terminate automatically if
the Executive dies during the Employment Period.

         (b) DISABILITY. If the Company determines in good faith that a
Disability (as defined herein) of the Executive has occurred, it may give to the
Executive written notice in accordance with Section 4(e) of its intention to
terminate the Executive's employment. In such event, the Executive's employment
with the Company shall terminate effective on the 30th day after receipt of such
notice by the Executive (the "Disability Effective Date"), provided that, within
the 30 days after such receipt, the Executive shall not have returned to
full-time performance of the Executive's duties. "Disability" means the absence
of the Executive from the Executive's duties with the Company on a full-time
basis for at least three months as a result of incapacity due to a mental or
physical impairment that is determined to entitle the Executive to receive
benefits under The Gillette Company Long-Term Disability Plan or any successor
long-term disability plan.

         (c) CAUSE. The Company may terminate the Executive's employment for
Cause. "Cause" for this purpose means:

            (1) the Executive's continued failure to perform substantially his
duties with the Company or any of its subsidiaries (other than any such failure
resulting from incapacity due to physical or mental impairment), after a written
demand for performance is delivered to the Executive by the Board or the Chief
Executive Officer of the Company that specifically identifies the manner in
which the Board or the Chief Executive Officer believes that Executive has not
performed his duties;

                                     [LAST NAME] - GILLETTE EMPLOYMENT AGREEMENT
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            (2) the Executive's engaging in illegal conduct or misconduct which
is injurious to the Company;

            (3) the Executive's failure to comply with any restriction set forth
in Section 8(c) of this Agreement;

            (4) the Executive's violation of a material Company policy, rule or
regulation; or

            (5) the Executive's conviction of a felony or a plea of nolo
contendere by Executive with respect thereto.

            (d) GOOD REASON. The Executive's employment may be terminated by the
Executive for Good Reason. "Good Reason" for this purpose means:

            (1) any substantial failure by the Company to comply with Section
3(a) or 3(b) of this Agreement, provided that the Executive has first (a) given
written notice to the Company of the alleged violation of Section 3(a) or (b)
within 60 days of the action or incident giving rise to the alleged violation
and (b) the Company has failed to remedy the alleged violation within 30 days
after the receipt of notice thereof;

            (2) any purported termination by the Company of the Executive's
employment other than as expressly permitted by this Agreement; or

            (3) any failure by the Company to comply with and satisfy Section
11(c).

            (e) NOTICE OF TERMINATION. Any termination by the Company for Cause,
or by the Executive for Good Reason, shall be communicated by Notice of
Termination to the other party hereto given in accordance with Section 13(b).
"Notice of Termination" means a written notice that (1) indicates the specific
termination provision in this Agreement relied upon, (2) to the extent
applicable, sets forth in reasonable detail the facts and circumstances claimed
to provide a basis for termination of the Executive's employment under the
provision so indicated, and (3) if the Date of Termination (as defined herein)
is other than the date of receipt of such notice, specifies the Date of
Termination (which Date of Termination shall be not more than 30 days after the
giving of such notice). The failure by the Executive or the Company to set forth
in the Notice of Termination any fact or circumstance that contributes to a
showing of Good Reason or Cause shall not waive any right of the Executive or
the Company, respectively, hereunder or preclude the Executive or the Company,
respectively, from asserting such fact or circumstance in enforcing the
Executive's or the Company's respective rights hereunder.

                                     [LAST NAME] - GILLETTE EMPLOYMENT AGREEMENT
                                                                    PAGE 6 OF 18
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            (f) DATE OF TERMINATION. "Date of Termination" means (1) if the
Executive's employment is terminated by the Company for Cause, or by the
Executive for Good Reason, the date of receipt of the Notice of Termination or
any later date specified in the Notice of Termination, as the case may be, (2)
if the Executive's employment is terminated by the Company other than for Cause
or Disability, the Date of Termination shall be the date on which the Company
notifies the Executive of such termination or any later date specified in the
Notice of Termination, as the case may be, and (3) if the Executive's employment
is terminated by reason of death or Disability, the Date of Termination shall be
the date of death of the Executive or the Disability Effective Date, as the case
may be.

            SECTION 5. OBLIGATIONS OF THE COMPANY UPON TERMINATION

            (a) GOOD REASON, OTHER THAN FOR CAUSE OR DISABILITY. If during the
Employment Period, the Company terminates the Executive's employment other than
for Cause or Disability or the Executive terminates employment for Good Reason:

     (1) Within 30 days after the Date of Termination, the Company shall pay the
aggregate of the following amounts in a lump sum in cash to the Executive:

     (a)  the Executive's Annual Base Salary through the Date of Termination to
          the extent not previously paid;

     (b)  to the extent not previously paid and to the extent such deferrals are
          not continued pursuant to a Termination Settlement Agreement, any
          compensation previously deferred by the Executive under the Company's
          Supplemental Savings Plan, Incentive Bonus Plan and/or Stock
          Equivalent Unit Plan (together with any accrued interest or earnings
          thereon), in accordance with the terms of those plans; and

     (c) any accrued vacation pay, to the extent not previously paid.

     (2) The Executive shall be offered a Termination Settlement Agreement
prepared by the Company which includes the following material terms and is
subject to the following conditions:

     (a) SEVERANCE PAY - The Company shall pay the Executive the sum of (i) two
     years of the Executive's Annual Base Salary, and (ii) two times the Target
     Bonus Amount ("Severance Pay"). The Executive may elect to receive
     Severance Pay either as (1) a lump sum payment, (2) continuing semi-monthly
     payments over a period of two years, or (3) continuing semi-monthly
     payments over a period of less than two years, followed by a lump sum
     payment of the balance due within 30 days of the last semi-monthly payment.
     If on the Date of Termination the Executive is within five years of
     earliest eligibility for retirement under The Gillette Company Retirement
     Plan, he may elect to receive Severance Pay as continuing payments over a
     period longer than two years, as set forth below.

                                     [LAST NAME] - GILLETTE EMPLOYMENT AGREEMENT
                                                                    PAGE 7 OF 18
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     Severance Pay which is paid as continuing payments, but not Severance Pay
     which is paid as a lump sum, will be included in the calculation of Average
     Annual Compensation and will result in receipt of age and service credit,
     all in accordance with the terms of The Gillette Company Retirement Plan.

     If the Executive elects to retire and begin receiving pension payments
     during a period in which Severance Pay is being provided as continuing
     payments, he will receive a lump sum payment of the balance of any
     Severance Pay due under the Termination Settlement Agreement. Once pension
     payments begin, the Executive is eligible for only those pension payment
     and benefits and services available to retirees.

     (b) RETIREMENT -

         (1)      VESTED RIGHT PENSION. If, on the Date of Termination or during
                  the period during which the Executive receives Severance Pay
                  as continuing payments, the Executive is not
                  retirement-eligible but has five or more years of credited
                  service, the Executive will be eligible to receive a vested
                  rights pension under The Gillette Company Retirement Plan.

         (2)      RETIREMENT-ELIGIBLE ON DATE OF TERMINATION. If, on the Date of
                  Termination, the Executive is eligible for a pension under The
                  Gillette Company Retirement Plan, the Executive may elect to
                  retire and begin receiving pension payments at any time after
                  the Date of Termination.

         (3)      WITHIN FIVE YEARS OF RETIREMENT ELIGIBILITY. If, on the Date
                  of Termination, the Executive is not retirement-eligible but
                  is within five years of earliest eligibility for retirement,
                  the Executive may elect to receive Severance Pay as extended
                  continuing payments apportioned throughout the time period
                  from the Date of Termination until the earliest date of
                  retirement eligibility, and thereby receive age and service
                  credit to the earliest date of retirement eligibility under
                  The Gillette Company Retirement Plan.

     (c)  STOCK OPTION PLAN - If the Executive is not eligible for early, normal
          or late retirement under the terms of The Gillette Company Retirement
          Plan on the last day he receives Severance Pay, all options held by
          the Executive, which are not otherwise exercisable under the terms of
          the Stock Option Plan or a successor plan, shall become exercisable
          and all options held by the Executive shall remain exercisable for a
          period of three years thereafter provided, however, that in no event
          shall any option be exercisable beyond ten years from its date of
          grant. If the Executive is eligible for early, normal or late
          retirement under the terms of The Gillette Company Retirement Plan on
          the last day he receives Severance Pay, all options held by the
          Executive for one or more years, which are not otherwise exercisable
          under the terms of the Stock Option Plan or a successor plan, shall
          become exercisable and remain exercisable for a period of five years
          thereafter provided, however, that in no event shall any option be
          exercisable beyond ten years from its date of grant.

                                     [LAST NAME] - GILLETTE EMPLOYMENT AGREEMENT
                                                                    PAGE 8 OF 18
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     (d)  BENEFITS - For the period of time after the Executive's Date of
          Termination during which the Executive receives Severance Pay as
          continuing payments, but not if the Executive receives Severance pay
          as a lump sum, the Company shall continue to permit the Executive
          and/or the Executive's family, where applicable to participate in the
          following plans and benefits:

                  Medical Plan
                  Dental Plan
                  Employees' Savings Plan
                  Supplemental Savings Plan
                  Executive Life Insurance Plan
                  Spouse and Child Life Insurance Plan
                  Flexible Spending Accounts

         provided, however, that, if the Executive becomes re-employed with
         another employer and is eligible to receive medical or other welfare
         benefits under another employer provided plan, any medical and other
         welfare benefits provided by the Company shall be secondary to those
         provided under such other plan during such applicable period of
         eligibility.

         Regardless of the method by which the Executive elects to receive
         Severance Pay, the Executive shall not be eligible after the Date of
         Termination for certain employee benefits, including:

                  Additional grants under the Stock Option Plan
                  Additional grants under the Incentive Bonus Plan
                  The Salary Continuation Plan
                  The Long-term Disability Plan
                  Vacation Accruals
                  Holiday Pay
                  The Tuition Refund Plan

     (e)  ESTATE PRESERVATION PLAN -- For purposes of the Estate Preservation
          Plan, termination of an Executive's employment with the Company shall
          be considered to occur on the later of the Date of Termination or the
          last day on which the Executive receives Severance Pay as continuing
          payments, if applicable.

     (f)  OUTPLACEMENT SERVICES - The Company shall provide the Executive with
          customary outplacement services for a maximum period of one year.

     (g)  RELEASE OF ALL CLAIMS - The provision of all pay and benefits to the
          Executive under a Termination Settlement Agreement shall be contingent
          on the Executive's execution of a general release of claims against
          the Company and specified affiliates and plans, as well as certain
          related agents, parties, and entities.

     (h)  OTHER OBLIGATIONS -- The Termination Settlement Agreement shall also
          require the Executive to reaffirm the obligations set forth in Section
          8 herein.

                                     [LAST NAME] - GILLETTE EMPLOYMENT AGREEMENT
                                                                    PAGE 9 OF 18
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     (b) DEATH. If the Executive's employment is terminated by reason of the
Executive's death during the Employment Period, the Company shall have no
further obligations to the Executive's legal representatives under this
Agreement, except as follows:

     (1) Within 30 days after the Date of Termination, the Company shall pay the
aggregate of the following amounts in a lump sum in cash to the Executive's
estate or beneficiary, as applicable:

     (a)  the Executive's Annual Base Salary through the Date of Termination to
          the extent not previously paid;

     (b)  any compensation previously deferred by the Executive under the
          Company's Supplemental Savings Plan, Incentive Bonus Plan and/or Stock
          Equivalent Unit Plan (together with any accrued interest or earnings
          thereon), to the extent not previously paid and in accordance with the
          terms of those plans; and

     (c) any accrued vacation pay, to the extent not previously paid.

     (2) To the extent not previously paid or provided, the Company shall timely
pay or provide any other amounts or benefits required to be paid or provided or
that the Executive or Executive's family, estate or beneficiary, as applicable,
is eligible to receive under any plan, program, policy or practice or contract
or agreement of the Company.

     (c) DISABILITY. If the Executive's employment is terminated by reason of
the Executive's Disability during the Employment Period, the Company shall have
no further obligations to the Executive under this Agreement, except as follows:

     (1) Within 30 days after the Date of Termination, the Company shall pay the
aggregate of the following amounts in a lump sum in cash to the Executive:

     (a)  the Executive's Annual Base Salary through the Date of Termination to
          the extent not previously paid;

     (b)  any compensation previously deferred by the Executive under the
          Company's Supplemental Savings Plan, Incentive Bonus Plan and/or Stock
          Equivalent Unit Plan (together with any accrued interest or earnings
          thereon), to the extent not previously paid and in accordance with the
          terms of those plans; and

     (c)  any accrued vacation pay, to the extent not previously paid.

     (2) To the extent not previously paid or provided, the Company shall timely
pay or provide any other amounts or benefits required to be paid or provided or
that the Executive or Executive's family is eligible to receive under any plan,
program, policy or practice or contract or agreement of the Company.

     (d) CAUSE. If the Executive's employment is terminated for Cause during the
Employment Period, the Company shall have no further obligations to the
Executive under this Agreement, except as follows:

                                     [LAST NAME] - GILLETTE EMPLOYMENT AGREEMENT
                                                                   PAGE 10 OF 18
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     (1) Within 30 days after the Date of Termination, the Company shall pay the
aggregate of the following amounts in a lump sum in cash to the Executive:

     (a)  the Executive's Annual Base Salary through the Date of Termination to
          the extent not previously paid;

     (b)  any compensation previously deferred by the Executive under the
          Company's Supplemental Savings Plan, Incentive Bonus Plan and/or Stock
          Equivalent Unit Plan (together with any accrued interest or earnings
          thereon), to the extent not previously paid and in accordance with the
          terms of those plans; and

     (c) any accrued vacation pay, to the extent not previously paid.

     (2) To the extent not previously paid or provided, the Company shall timely
pay or provide any other amounts or benefits required to be paid or provided or
that the Executive or Executive's family is eligible to receive under any plan,
program, policy or practice or contract or agreement of the Company.

     An Executive whose employment is terminated for Cause shall also be subject
to forfeiture of stock options and other rights and remedies as set forth in
Section 8(d) herein.

     (e) VOLUNTARY OTHER THAN FOR GOOD REASON. If the Executive voluntarily
terminates employment during the Employment Period, excluding a termination for
Good Reason, the Company shall have no further obligations to the Executive
under this Agreement, except as follows:

     (1) Within 30 days after the Date of Termination, the Company shall pay the
aggregate of the following amounts in a lump sum in cash to the Executive:

     (a)  the Executive's Annual Base Salary through the Date of Termination to
          the extent not previously paid;

     (b)  if elected by the Executive, any compensation previously deferred by
          the Executive under the Company's Supplemental Savings Plan, Incentive
          Bonus Plan and/or Stock Equivalent Unit Plan (together with any
          accrued interest or earnings thereon), to the extent not previously
          paid; and

     (c)  any accrued vacation pay, to the extent not previously paid.

     (2) To the extent not previously paid or provided, the Company shall timely
pay or provide any other amounts or benefits required to be paid or provided or
that the Executive or Executive's family is eligible to receive under any plan,
program, policy or practice or contract or agreement of the Company.

         SECTION 6. NON-EXCLUSIVITY OF CERTAIN RIGHTS

         Nothing in this Agreement shall prevent or limit the Executive's
continuing or future participation in any plan, program, policy or practice
provided by the Company and for which the Executive may qualify. Amounts that
are vested benefits or that the Executive is otherwise entitled to receive under
any plan, policy, practice or program of or any contract or agreement with the
Company at or subsequent to the Date of Termination shall be payable in

                                     [LAST NAME] - GILLETTE EMPLOYMENT AGREEMENT
                                                                   PAGE 11 OF 18
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accordance with such plan, policy, practice or program or contract or agreement,
except as explicitly modified by this Agreement. Notwithstanding the foregoing,
other than the Change of Control Agreement,[AND THE AGREEMENTS DESCRIBED IN
ANNEX A HERETO WHICH IS INCORPORATED BY REFERENCE HEREIN] (a) this Agreement
shall supersede any other agreement between the parties with respect to the
subject matter hereof, and (b) if the Executive receives severance pay and
benefits under Section 5, the Executive shall not be entitled to receive
severance pay or benefits under any other plan, program, policy or arrangement
of the Company providing severance benefits.

         SECTION 7. FULL SETTLEMENT

         In no event shall the Executive be obligated to seek other employment
or, unless otherwise expressly provided herein, take any other action by way of
mitigation of the amounts payable to the Executive under any of the provisions
of this Agreement, and such amounts shall not be reduced whether or not the
Executive obtains other employment, except as expressly provided in Section
5(a)(2) herein.

         SECTION 8. OBLIGATIONS OF THE EXECUTIVE

         (a) RESIGNATIONS. As of Executive's Date of Termination, he shall
immediately resign as an officer and director of the Company and its Affiliated
Companies. The Executive agrees to execute any and all documentation of such
resignations upon request by the Company, but he shall be treated for all
purposes as having so resigned as of such Date of Termination, regardless of
when or whether he executed any such documentation.

         (b) COMPANY PROPERTY. As of the Executive's Date of Termination, he
shall return all equipment, files, documents, credit cards, and any other
property of any sort belonging to the Company.

      (c) ADDITIONAL RESTRICTIONS: NON-COMPETITION AND NON-SOLICITATION;
CONFIDENTIALITY; INVENTIONS; PROHIBITED STATEMENTS.

   (1) During the Employment Period and for a period of two years after the Date
of Termination, the Executive shall not directly or indirectly:

      (i) as an employee, consultant, independent contractor, officer, director,
   individual proprietor, investor, partner, stockholder, agent, principal,
   joint venturer, or in any other capacity whatsoever (other than as the holder
   of not more than one percent of the combined voting power of the outstanding
   equity of a publicly held corporation or company), be employed, work,
   consult, advise, assist, or engage in any activity regarding any business,
   product, service or other matter which: (A) is substantially similar to or
   competes with any business, product, service or other matter regarding which
   the Executive worked for the Company, or any of its subsidiaries, during the
   three (3) years prior to the Date of Termination; or (B) concerns subject
   matters about which Executive gained proprietary information of the Company,
   or any of its subsidiaries, during the three (3) year period prior to the
   Executive's termination of employment;

                                     [LAST NAME] - GILLETTE EMPLOYMENT AGREEMENT
                                                                   PAGE 12 OF 18
<PAGE>
      (ii) either alone or in association with others, solicit, divert or take
   away, or attempt to divert or to take away, the business or patronage of any
   of the clients, customers or accounts, or prospective clients, customers or
   accounts, of the Company which were contacted, solicited or served, directly
   or indirectly, by Executive while employed by the Company; or

      (iii) either alone or in association with others: (A) solicit or encourage
   any employee or independent contractor of the Company to terminate his/her
   relationship with the Company; or (B) recruit, hire or solicit for employment
   or for engagement as an independent contractor, any person who is or was
   employed by the Company at any time during the Executive's employment with
   the Company; provided, that this Paragraph (iii) shall not apply to such
   person whose employment with the Company has been terminated for a period of
   one year or longer.

   (2) After the Date of Termination as well as during the Employment Period,
the Executive shall not disclose or use at any time any secret or confidential
information or knowledge obtained or acquired by the Executive during, after, or
by reason of, employment with the Company or any of its subsidiaries, as
provided under applicable law and any and all agreements between the Executive
and the Company or any of its subsidiaries regarding Executive's employment with
the Company or the subsidiary.

   (3) After the Date of Termination as well as during the Employment Period, to
the extent permitted by law, the Executive shall not make, publish or state, or
cause to be made, published or stated, any defamatory or disparaging statement,
writing or communication pertaining to the character, reputation, business
practices, competence or conduct of the Company, its subsidiaries, shareholders,
directors, officers, employees, agents, representatives or successors.

   (4) The geographic scope of the provisions of Section 8(c)(1) above shall
extend to anywhere the Company or any of its subsidiaries is doing business, has
done business or intends to do business.

   (5) If any restriction set forth in Section 8(c) above is found by any court
of competent jurisdiction to be unenforceable because it extends for too long a
period of time or over too great a range of activities or in too broad a
geographic area, it shall be interpreted to extend only over the maximum period
of time, range of activities or geographic area as to which it may be
enforceable.

   (6) The obligations contained in this Section 8 shall continue in effect
following termination of employment for any reason except that, in the event of
a Change of Control, the restrictions contained in Sections 8(c)(1)(i),
8(c)(1)(iii), and 8(c)(3) above shall cease and the Executive shall no longer be
bound by the obligations thereunder.

                                     [LAST NAME] - GILLETTE EMPLOYMENT AGREEMENT
                                                                   PAGE 13 OF 18
<PAGE>
   (d) RIGHTS AND REMEDIES IN THE EVENT OF CERTAIN BREACHES

   If the Company reasonably determines that the Executive has materially
violated any of the Executive's obligations under Section 8(c) above, or if a
Executive is terminated for Cause, then, in addition to any other remedies at
law or in equity it may have, the Company shall have the following rights and
remedies:

   (1) The Company may immediately terminate all termination settlement pay and
benefits provided to the Executive under a Termination Settlement Agreement, as
described in Section 5(a)(2), if applicable, and shall have no further
obligation to provide such pay and benefits to the Executive hereunder.

   (2) The Company may cancel any and all options previously granted to the
Executive under The Gillette Company 1971 Stock Option Plan or any successor
thereto, including but not limited to grants that according to their terms are
vested, effective as of the date on which such violation began (the "Violation
Date"); and

   (3) The Company may demand the return of any gain realized by the Executive
as a result of the Executive's exercise of any option during the period
commencing one year prior to the Executive's termination of employment and
continuing through the Violation Date. Upon demand, the Executive shall pay to
the Company the amount of any gain realized or payment received as a result of
such exercises. At the option of the Company, such payment shall be made by
returning to the Company the number of shares of common stock of the Company
which the Executive received in connection with such exercise (with the Company
then refunding the option price paid by the Executive), or in cash in the amount
of the gain realized. If after such demand the Executive fails to return said
shares or amounts, the Company shall have the right to offset said amounts
against any amounts, including compensation, owed to the Executive by the
Company or to commence judicial proceedings against the Executive to recover
said shares or amounts.

   (4) The non-competition restrictions set forth in Section 8(c)(1) supersede
any non-competition restrictions of a lesser duration as set forth in any
agreement between a Executive and the Company or any subsidiary or predecessor
or any plan.

   (e) ACKNOWLEDGEMENT OF RIGHT TO TAKE OTHER ACTIONS. The Executive
acknowledges that legal remedies would be inadequate to remedy the irreparable
harm that would result to the Company from a breach of his obligations under
Section 8(c) above, and therefore agrees that injunctive relief would be
appropriate to avoid or remedy any such breach or potential breach, in addition
to the specific rights and remedies set forth in Section 8(d) above, to the
extent applicable.

                                     [LAST NAME] - GILLETTE EMPLOYMENT AGREEMENT
                                                                   PAGE 14 OF 18
<PAGE>
         SECTION 9. DISPUTE RESOLUTION. Any dispute arising under, or relating
to, this Agreement, any other agreement between the Executive and the Company or
its Affiliates, the Executive's employment with the Company or the termination
thereof, shall be resolved expeditiously by binding arbitration by a single
arbitrator to be held in Boston, Massachusetts, in accordance with the laws of
the Commonwealth of Massachusetts and the then-current Commercial Arbitration
Rules of the American Arbitration Association (the "Arbitration Rules").

         Either the Executive or the Company may initiate binding arbitration by
written notice delivered to the other party. Within 14 days after the initiation
of arbitration, the parties shall seek to identify one mutually acceptable
impartial third party to serve as sole arbitrator. Any such arbitrator shall:
(a) be a partner (or comparable officer) in a law firm in Boston, Massachusetts
having more than 75 lawyers; (b) have been active for 20 or more years in the
practice of corporate law or litigation; and (c) be active, on substantially a
full-time basis, in such practice at the time the dispute is noticed. If the
parties are unable or fail to agree upon the arbitrator within 14 days after the
initiation of arbitration, the arbitrator shall be selected in accordance with
the Arbitration Rules.

         All information exchanged or presented to the arbitrator in the
proceedings, whether in oral, written or other form, and the results of the
proceedings, shall be confidential and except as required by law shall not be
disclosed to any person or entity without prior written permission from the
party who offered or presented the information. For any dispute resolved by
arbitration pursuant to this section, the arbitrator shall award attorneys' fees
and costs, and costs associated with the arbitration proceeding, to the party
determined by the arbitrator to be the prevailing party. Pending such award of
attorneys' fees and costs and arbitration costs, the parties shall divide
equally the administrative charges, arbitrator's fees and related expenses of
the arbitration, but each party shall pay its own legal fees incurred in
connection with such arbitration.

         The arbitrator shall issue a written decision, stating the reasons for
the decision, within 30 days of the termination of the arbitration proceedings.
The arbitrator shall not be empowered to modify any rights or obligations of
either the Executive or the Company under this Agreement or any other agreement
between the Executive and the Company or its Affiliates. The decision of the
arbitrator acting within the scope of his or her authority shall be final and
binding upon the parties and may be entered, enforced and executed upon in any
court having jurisdiction over the party against whom enforcement of such award
is sought.

         Nothing contained in this section shall limit the right of the Company,
at its sole option, to seek or obtain equitable or other relief or remedies from
any court of competent jurisdiction for the Executive's violation of Section
8(c) of this Agreement.

                                     [LAST NAME] - GILLETTE EMPLOYMENT AGREEMENT
                                                                   PAGE 15 OF 18
<PAGE>
         SECTION 10. COOPERATION/INFORMATION REQUESTS

     After the Executive's Date of Termination, the Executive agrees to make
himself reasonably available to the Company to respond to requests by the
Company for information concerning matters involving facts or events relating to
the Company or its Affiliated Companies that may be in the Executive's
knowledge, and to assist the Company and its Affiliated Companies as reasonably
requested with respect to pending and future litigations, arbitrations, or other
dispute resolutions. The Company will reimburse the Executive for his reasonable
travel expenses and other costs incurred under this section.

         SECTION 11. SUCCESSORS

         (a) This Agreement is personal to the Executive, and, without the prior
written consent of the Company, shall not be assignable by the Executive other
than by will or the laws of descent and distribution. This Agreement shall inure
to the benefit of and be enforceable by the Executive's legal representatives.

         (b) This Agreement shall inure to the benefit of and be binding upon
the Company and its successors and assigns.

         (c) The Company will require any successor (whether direct or indirect,
by purchase, merger, consolidation or otherwise) to all or substantially all of
the business and/or assets of the Company to assume expressly and agree to
perform this Agreement in the same manner and to the same extent that the
Company would be required to perform it if no such succession had taken place.
"Company" means the Company as hereinbefore defined and any successor to its
business and/or assets as aforesaid that assumes and agrees to perform this
Agreement by operation of law or otherwise.

         SECTION 12. INDEMNIFICATION

         The Company agrees that if the Executive is made a party, or is
threatened to be made a party, to any action, suit or proceeding, whether civil,
criminal, administrative or investigative (a "Proceeding"), by reason of the
fact that he is or was a director, officer or employee of the Company or is or
was serving at the request of the Company as a director, officer, member,
employee or agent of another corporation, limited liability corporation,
partnership, joint venture, trust or other enterprise, including service with
respect to employee benefit plans, the Executive shall be indemnified and held
harmless by the Company to the fullest extent legally permitted or authorized by
the Company's certificate of incorporation or bylaws or resolutions of the
Company's Board of Directors or, if greater, by the laws of the State of
Delaware, against all cost, expense, liability and loss (including, without
limitation, attorney's fees, judgments, fines, ERISA excise taxes or other
liabilities or penalties and amounts paid or to be paid in settlement)
reasonably incurred or suffered by the Executive in connection therewith, and
not otherwise received by him from another source, such as insurance, and such
indemnification shall continue as to the Executive even if he has ceased to be a
director, member, employee or agent of the Company or other entity and shall
inure to the benefit of the Executive's heirs and legal representatives.

                                     [LAST NAME] - GILLETTE EMPLOYMENT AGREEMENT
                                                                   PAGE 16 OF 18
<PAGE>
         SECTION 13. MISCELLANEOUS

         (a) This Agreement shall be governed by and construed in accordance
with the laws of the Commonwealth of Massachusetts, without reference to
principles of conflict of laws. The captions of this Agreement are not part of
the provisions hereof and shall have no force or effect. This Agreement may not
be amended or modified other than by a written agreement executed by the parties
hereto or their respective successors and legal representatives.

         (b) All notices and other communications hereunder shall be in writing
and shall be given by hand delivery to the other party or by registered or
certified mail, return receipt requested, postage prepaid, addressed as follows:

         if to the Executive:
                  ((NAME))
                  ((STREETADDRESS))
                  ((CITYSTATEZIP))

         if to the Company:
                  The Gillette Company
                  Prudential Tower Building
                  Boston, Massachusetts 02199
                  Attention:  General Counsel

or to such other address as either party shall have furnished to the other in
writing in accordance herewith. Notice and communications shall be effective
when actually received by the addressee.

         (c) The invalidity or unenforceability of any provision of this
Agreement shall not affect the validity or enforceability of any other provision
of this Agreement.

         (d) The Company may withhold from any amounts payable under this
Agreement such United States federal, state or local or foreign taxes as shall
be required to be withheld pursuant to any applicable law or regulation.

         (e) The Executive's or the Company's failure to insist upon strict
compliance with any provision of this Agreement or the failure to assert any
right the Executive or the Company may have hereunder, including, without
limitation, the right of the Executive to terminate employment for Good Reason
pursuant to Section 4(d) hereof, shall not be deemed to be a waiver of such
provision or right or any other provision or right of this Agreement.

         (f) Except with respect to the Change of Control Agreement, [AND THE
AGREEMENT DESCRIBED IN ANNEX A HERETO WHICH IS INCORPORATED BY REFERENCE HEREIN]
the Executive and the Company acknowledge that this agreement supersedes any
other agreement or plan provisions concerning the subject matter hereof.

         (g) This Agreement may be executed in several counterparts, each of
which shall be deemed an original and said counterparts shall constitute but one
and the same instrument.

                                     [LAST NAME] - GILLETTE EMPLOYMENT AGREEMENT
                                                                   PAGE 17 OF 18
<PAGE>
         (h) Except as expressly set forth in this Agreement, upon the
expiration of this Agreement, the respective rights and obligations of the
Company and the Executive shall survive such expiration to the extent necessary
to carry out the rights and obligations of the parties.

         IN WITNESS WHEREOF, the Executive has hereunto set the Executive's hand
and the Company has caused these presents to be executed in its name on its
behalf, all as of the day and year first above written.

                                     --------------------
                                    ((NAME))

                                    THE GILLETTE COMPANY

                                    By
                                      -------------------
                                       TITLE:

                                     [LAST NAME] - GILLETTE EMPLOYMENT AGREEMENT
                                                                   PAGE 18 OF 18<PAGE>
                                                                   Exhibit 10(p)

                              THE GILLETTE COMPANY
                            SUPPLEMENTAL SAVINGS PLAN
               (as amended and restated effective January 1, 1997)
               ---------------------------------------------------
               (with amendments adopted through September 4, 2001)
               ---------------------------------------------------

1.   Purpose.  The Gillette Company Supplemental Savings Plan (the "Plan")
     has been adopted by The Gillette Company (the "Company") to provide
     additional benefits to certain employees of the Company and its
     Participating Subsidiaries whose benefits under The Gillette Company
     Employees' Savings Plan (the "Savings Plan") have been limited by the
     provisions of the Internal Revenue Code of 1986, as amended (the
     "Code"), in order to provide that the total benefits payable under this
     Plan and the Savings Plan shall be approximately equal to the amount of
     benefits which would have accrued under the Savings Plan for such
     employees had such limitations imposed by the Code not been in effect.

     The Plan document as amended and restated herein is a continuation of The
     Gillette Company Supplemental Savings Plan for Contributions Prior to May
     1, 1991 and The Gillette Company Supplemental Savings Plan for
     Contributions After April 30, 1991.

     The Plan is intended to constitute an "excess benefit plan" within the
     meaning of Section 3(36) of the Employee Retirement Income Security Act of
     1974, as amended ("ERISA"), and an unfunded plan of deferred compensation
     described in Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA and in
     Sections 3121(v)(2) and 3306(r)(2) of the Code.

2.   Eligible Employees.  Employees eligible to participate in this Plan for
     any calendar year shall be those employees of the Company and
     Participating Subsidiaries who are eligible to participate in the
     Savings Plan and (i) whose Annual Additions are limited for such year by
     reason of Section 415 of the Code, based on actual participation in the
     Savings Plan, or (ii) who are determined by the Committee to be
     management or highly compensated employees for such year and whose
     contributions or Compensation taken into account under the Savings Plan
     are limited for such year by reason of another provision of the Code,
     based on actual participation in the Savings Plan.

3.   Participants.  Participants are eligible employees who elect to
     participate in the Plan, at such time and in such manner prescribed by
     the Committee, as of the next practicable payroll period by executing
     and delivering to the Company a Participation and Salary Deferral
     Agreement, in a form prescribed by the Committee.  Participation in the
     Plan may be discontinued by a Participant at any time, effective as of
     the next practicable payroll period, by executing and delivering to the
     Company a revocation of such Participation and Salary Deferral
     Agreement.
<PAGE>
                                      -2-

     Such revocation shall operate prospectively and shall have no effect on
     prior deferrals under this Plan. An individual who has previously
     participated in the Plan shall be considered a Participant for the purposes
     of the Plan, other than Section (4)(a) and (b) below, until final
     distribution is made of amounts credited to the individual's accounts under
     the Plan. An eligible employee who was a participant in the Duracell Inc.
     Supplemental Cash Balance Plan on December 31, 1998 and, pursuant to
     section 9.2 of such plan, whose benefit under such plan was transferred to
     this Plan, shall be a Participant as of January 1, 1999.

4.   Deferrals; Credits to Accounts.

     (a)  If any portion of Compensation from the Company which, but for the
          limitations on contributions or Compensation contained in the
          provisions of the Code set forth in Section 4(c) below, would be
          contributed to the Savings Plan as Tax Deferred Savings and/or Taxed
          Savings for a calendar year, a Participant may defer such Compensation
          on a pre-tax basis until retirement or later elected date, termination
          of employment or hardship. These deferred amounts (hereinafter
          referred to as "Supplemental Savings") will be recorded in an account,
          entitled the "Supplemental Savings Account," maintained for each
          Participant on the books of the Company. A Participant shall always be
          fully vested in amounts credited to the Supplemental Savings Account
          maintained for such Participant.

     (b)  The Company Contribution that would have been made under the Savings
          Plan in respect of each Participant's Compensation elected to be
          contributed as Tax Deferred Savings and Taxed Savings for a calendar
          year, which Compensation is instead deferred pursuant to Section 4(a)
          above, shall not be made but an equal amount (hereinafter referred to
          as "Supplemental Company Contributions") shall be recorded by the
          Company in an account on its books, entitled the "Supplemental Company
          Contribution Account," maintained for such Participant. Amounts
          credited to a Participant's Supplemental Company Contribution Account
          shall become vested at the same time the Participant becomes vested in
          his Company Contributions under the Savings Plan.

     (c)  For the purposes of Section 4(a) above, the applicable provisions of
          the Code are (i) the Section 415 limitations on Annual Additions, (ii)
          the Section 402(g) limitation on Tax Deferred Savings, (iii) the
          Section 401(a)(17) limitation on Compensation, and (iv) if and to the
          extent determined by the Committee for a given year, the Section
          401(k) and (m) limitations on contributions by and on behalf of Highly
          Compensated Employees.

     (d)  As of January 1, 1999, there also shall be recorded in a Supplemental
          Savings Account for each Participant who was a participant in the
          Duracell Inc. Supplemental Cash Balance Plan on December 31, 1998 and,
          pursuant to section 9.2 of such plan, whose benefit under such plan
          was transferred to this
<PAGE>
                                      -3-

          Plan, an amount equal to the "Termination Value" of such Participant's
          benefit under the Duracell Inc. Supplemental Cash Balance Plan. The
          Participant shall always be fully vested in the amount credited to the
          Supplemental Savings Account in accordance with this subsection.

     (e)  Notwithstanding any other provision of the Plan to the contrary, in
          the event of a Change of Control, with respect to any Participant who
          terminates employment within two years of the Change of Control under
          circumstances entitling the Participant to separation benefits under
          the Company's Change of Control Severance Program for Key Executives,
          any of such separation benefits payable to the Participant as salary
          continuation shall be treated as Compensation under this Plan (and not
          the Savings Plan), and shall be subject to deferral as Supplemental
          Savings and to Supplemental Company Contributions pursuant to this
          Section 4.

5.   Additional Credits to Accounts.

     (a)  Each Participant, upon electing to participate in the Plan, shall
          designate the Investment Fund or Funds with respect to which such
          Participant's Supplemental Savings shall be deemed invested, either on
          a Participation and Salary Deferral Agreement or in such other manner
          prescribed by the Committee for such purpose. The election shall
          specify one or more of the Investment Funds available for investment
          under the Savings Plan at such time, and shall be in whole percentage
          increments of each such Investment Fund. A Participant's election
          shall remain in effect with respect to all future Supplemental Savings
          made on the Participant's behalf unless and until changed by the
          Participant in accordance with Section 5(b) below.

          If a Participant fails to make an election hereunder, all Supplemental
          Savings made on behalf of the Participant shall be deemed invested in
          the same Investment Fund or Funds in which the Participant's Tax
          Deferred Savings are invested under the Savings Plan until the
          Participant makes an election hereunder.

     (b)  A Participant may change the Investment Fund or Funds in which future
          Supplemental Savings are deemed to be invested, at any time by
          telephonic or electronic instruction to the Recordkeeper. Such change
          in election shall be effective as of the close of the Business Day on
          which the Recordkeeper receives such instruction or, if such
          instruction is received after the close of a Business Day, as of the
          close of the next following Business Day.

     (c)  Amounts recorded in the Supplemental Savings Account maintained for
          each Participant shall be credited or debited with amounts equivalent
          to gains or losses realized by the Investment Funds in which the
          Participant elects to have his Supplemental Savings Account deemed
          invested from time to time.
<PAGE>
                                      -4-

          Amounts recorded in the Supplemental Company Contribution Account
          maintained for each Participant shall be credited or debited with
          amounts equivalent to gains or losses realized by the Gillette Company
          Stock Fund or, if applicable, the Investment Funds in which the
          Participant elects to have his Supplemental Company Contribution
          Account deemed invested from time to time.

     (d)  Subject to the limitations set forth in paragraphs (i) through (iv)
          below, a Participant may elect at any time to have amounts credited to
          his Accounts under the Plan deemed transferred from any Investment
          Fund to any of the other Investment Funds, by designating the
          percentage of the Accounts deemed invested in the transferring
          Investment Fund to be transferred (in whole percentage increments) and
          the percentage of such transferred amount to be deemed invested in the
          receiving Investment Fund or Funds (in whole percentage increments). A
          separate transfer election may be made with respect to each of the
          Participant's Supplemental Savings Account and Supplemental Company
          Contribution Account (if eligible pursuant to paragraph (iii) below).
          The Participant shall make a transfer election by telephonic or
          electronic instruction to the Recordkeeper. Such transfer election
          shall be effective, and the applicable Investment Funds shall be
          valued for the purpose of implementing such election, as of the close
          of the Business Day on which the Recordkeeper receives such
          instruction or, if such instruction is received after the close of a
          Business Day, as of the close of the next following Business Day. For
          the purposes of this Section, the value of Participants' accounts
          deemed invested in the Gillette Company Stock Fund, for any Business
          Day, shall be based on the 4 p.m. closing price of the common stock of
          The Gillette Company as reported by the New York Stock Exchange for
          that Business Day.

          Elections by Participants under this Section 5(d) shall be limited in
          the following respects:

          (i)   The minimum amount that may be deemed transferred from any
                Investment Fund shall be $250 or, if less, the entire balance of
                the Participant's Accounts deemed invested in such Investment
                Fund.

          (ii)  Amounts deemed invested in a Stable Value Fund may not be
                transferred directly to either a Money Market Fund or a Bond
                Fund, but must first be transferred to either an Asset
                Allocation Fund, Growth and Income Fund, Growth Fund,
                International Fund or the Gillette Company Stock Fund and must
                remain in such Investment Fund for a period of at least 90 days.

          (iii) Elections to transfer amounts credited to Supplemental Company
                Contribution Accounts from the Gillette Company Stock Fund may
                be made only by Participants who have attained or will attain
                age 50 in the year in which the election is made, Participants
                who have become Totally
<PAGE>
                                      -5-

               and Permanently Disabled, and Participants who have incurred a
               Termination of Employment on account of Retirement.

          (iv) The Committee may in its discretion limit the number of transfers
               which may be deemed made to or from any Investment Fund at any
               time. The Committee also shall have the discretionary right to
               suspend the availability of deemed transfers among any or all of
               the Investment Funds at any time without prior notice to
               Participants.

          The provisions of this Section 5(d) also shall apply to former
          employees for whom Accounts are maintained under the Plan on or after
          January 1, 1997.

     (e)  Notwithstanding any other provision of the Plan to the contrary, in
          the event of a Change of Control, the Trustee shall have the authority
          to prescribe alternative investment media in which Participants'
          accounts under this Plan shall be deemed invested; provided, however,
          that (i) if Participants retain the right to designate the investment
          media for deemed investment of their respective accounts, then the
          investment media selected by the Trustee shall include at least an
          Equity Index Fund and a Money Market Fund, and (ii) if Participants
          are no longer entitled to designate the investment media for deemed
          investment of their respective accounts, then all accounts under this
          Plan shall automatically be deemed invested in the Money Market Fund
          pending distribution in accordance with Section 6(d) below.

6.   Payments from Accounts.

     (a)  Except as otherwise provided in this Section, no amounts shall be
          payable under the Plan to any Participant while he is employed by the
          Company or any Participating Subsidiary. While employed, a Participant
          may request a payment of amounts credited to the Supplemental Savings
          Account maintained for such Participant on the basis of an immediate
          and heavy financial hardship for which no other resources are
          available to the Participant and following the Participant's
          withdrawal of all amounts then available for withdrawal from the
          Savings Plan. Such request shall be subject to the approval of the
          Committee or its delegate. Unless an election is made in accordance
          with Section 6(b) or (c) below or unless Section 6(d) below applies,
          all vested amounts credited to a Participant's accounts under the Plan
          shall be paid in a single lump sum as soon as practicable following
          the termination of the Participant's employment with the Company and
          all Participating Subsidiaries, valued as of the close of such
          termination date.

     (b)  A Participant may elect to defer payment of his accounts under the
          Plan to any date subsequent to the date of the Participant's
          termination of employment with the Company and all Participating
          Subsidiaries, but not later than April 1 of the calendar year
          following the calendar year in which the Participant attains age
<PAGE>
                                      -6-

          70-1/2, provided (i) the Participant's termination of employment is on
          account of retirement or total and permanent disability (such terms
          having the same meanings as used under the Savings Plan), (ii) the
          value of the Participant's vested account balance under the Plan as of
          the close of the date of termination is at least $25,000, and (iii)
          the Participant's deferral election is made at least twelve months
          prior to the date of such termination. Such deferred payment shall be
          valued as of the close of the elected payment date (or the next
          following business day), and shall be made in a single lump sum as
          soon as practicable thereafter. Pending final distribution, the
          Participant's accounts shall continue to be credited or debited with
          amounts equivalent to gains and losses realized by the Investment
          Funds in which the Participant's Accounts are deemed invested from
          time to time.

     (c)  A Participant may elect to receive payment of his accounts under the
          Plan in the form of annual installments of from two to ten years
          commencing in the calendar year following the year of the
          Participant's termination of employment with the Company and all
          Participating Subsidiaries, provided (i) the Participant's termination
          of employment is on account of retirement or total and permanent
          disability (such terms having the same meanings as used under the
          Savings Plan), (ii) the value of the Participant's vested account
          balance under the Plan as of the close of the date of termination is
          at least $25,000, and (iii) the Participant's installment payment
          election is made at least twelve months prior to the date of such
          termination. Each installment payment shall be valued as of the close
          of the first business day in January of the year of commencement and
          each year thereafter, and shall be paid as soon as practicable
          thereafter. Pending final distribution, the remaining balance in the
          Participant's accounts shall continue to be credited or debited with
          amounts equivalent to gains and losses realized by the Investment
          Funds in which the Participant's Accounts are deemed invested from
          time to time.

     (d)  Prior to the occurrence of a Change of Control, in accordance with
          rules prescribed by the Committee, a Participant making a deferral
          election pursuant to Section 6(b) above or an installment election
          pursuant to Section 6(c) above may provide for the revocation of such
          deferral or installment election in the event of a Change of Control
          and for the payment by the Company of the Participant's accounts under
          the Plan as soon as practicable following the Change of Control.

          In the event of a Change of Control, upon the termination of this Plan
          or the Savings Plan or the amendment to this Plan or the Savings Plan
          which amendment adversely affects the rights and benefits of
          Participants, all unvested accounts under this Plan shall vest.
          Notwithstanding anything contained in this Section 6 to the contrary,
          in the event of a Change of Control, each Participant's vested
          accounts shall be paid in accordance with his deferral or installment
          payment election in force, or if no payment election has been
<PAGE>
                                      -7-

          made prior to the Change of Control, as soon as practicable following
          the Participant's termination of employment, unless the Participant
          has provided in his payment election for its revocation upon a Change
          of Control in which event payment of the Participant's vested accounts
          shall be paid as soon as practicable following the Change of Control.

     (e)  In the event of the death of a Participant, whether or not then
          employed by the Company or a Participating Subsidiary, all amounts
          credited to the Participant's accounts under the Plan shall vest and
          shall be paid to the Participant's estate in a single lump sum valued
          as of the close of the date of death.

     (f)  All determinations of value of Participants' accounts under the Plan
          shall be made in accordance with the relevant provisions of the
          Savings Plan, except that determinations of value of Participants'
          accounts deemed invested in the Gillette Company Stock Fund, for any
          Business Day, shall be based on the 4 p.m. closing price of the common
          stock of The Gillette Company as reported by the New York Stock
          Exchange for that Business Day.

     (g)  All payments under the Plan shall be subject to any required
          withholding of Federal, state and local taxes.

7.   Source of Payments. All amounts payable under the Plan shall be paid by the
     Company and Participating Subsidiaries from their general assets.
     Notwithstanding the maintenance of records on its books as described in
     Section 4 above, no Participant shall have any right to or interest in any
     assets of the Company or any Participating Subsidiary other than as an
     unsecured general creditor, and no separate fund shall be established in
     which any Participant has any right or interest. The foregoing shall not
     prevent the Company or any Subsidiary from establishing a fund from which
     to satisfy its payment obligations under the Plan.

8.   Plan Amendment and Termination. The Plan may be amended or terminated by
     the Company at any time and in any manner prior to the happening of any
     event in connection with or in anticipation of a Change of Control that
     actually occurs, provided that no amendment or termination shall adversely
     affect the rights and benefits of Participants with respect to Compensation
     deferred or deducted pursuant to the Plan prior to such action. After the
     happening of any event in connection with or in anticipation of a Change of
     Control that actually occurs: (a) no amendment shall be made which
     adversely affects the rights and benefits of Participants with respect to
     Compensation deferred or deducted or benefits accrued pursuant to the Plan
     prior to such amendment; (b) the Plan may not be terminated or amended in a
     manner to provide less favorable prospective benefits unless all benefits
     under this Plan which are unvested become immediately vested; and (c) no
     amendment may be made with respect to any provision of the Plan which
     becomes operative upon a Change of Control.
<PAGE>
                                      -8-

9.   No Right of Employment. The adoption and operation of this Plan shall not
     create in any Participant a right of continued employment with the Company
     or any Subsidiary.

10.  Administration. The Plan shall be administered by the Savings Plan
     Committee appointed by the Board of Directors of the Company (the
     "Committee"), which shall have the discretionary power and authority to
     construe and interpret the provisions of the Plan, to determine the
     eligibility of employees to participate in the Plan and the amount and
     timing of payment of any benefits due under the Plan, and to determine all
     other matters in carrying out the intended purposes of the Plan. In
     administering this Plan, including but not limited to considering appeals
     from the denial of claims for benefits and issuing decisions thereon, rules
     and procedures substantially similar to those set forth in the Savings Plan
     shall govern.

11.  No Assignment of Interest. The interest of any Participant under the Plan
     may not be assigned, alienated, encumbered or otherwise transferred, and
     shall not be subject to attachment, garnishment, execution or levy; and any
     attempted assignment, alienation, encumbrance, transfer, attachment,
     garnishment, execution or levy shall be void and of no force or effect.

12.  Construction of Terms. Except as expressly provided in this Plan to the
     contrary, capitalized terms referenced herein shall have the same meanings
     as are applied to such terms in the Savings Plan as in effect from time to
     time.

                                    THE GILLETTE COMPANY

Date: October 28, 1996              By: /s/ Robert E. DiCenso
      --------------------              -------------------------------------
                                        Robert E. DiCenso
                                        Senior Vice President - Personnel  and
                                        Administration

                                    [Reflects amendments executed April 30,
                                    1998, August 21, 1998, December 30, 1999 and
                                    July 10, 2001]

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