December 29, 2005
Mr. Bruce F. Fleming
12 Woodmere Way
Pennington, NJ 08534
Dear Bruce:
It is my pleasure to confirm our offer for the position of Chief Marketing Officer . In this capacity, you will report directly to me as an officer of the company.
As discussed, we are offering an attractive package of both direct and indirect benefits. Some of the major highlights of our employment offer are detailed below:
Your starting base salary will be $12,500 semi-monthly ($300,000 annually).
You will participate in the Church & Dwight Incentive Compensation Program with a target bonus of 45%. Your first award will be for service in 2006, and paid in February of 2007.
You will participate in the Company's Stock Option Plan. Options are granted each year (generally in the second quarter) and you will receive a grant equal in n ...
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