AMENDMENT TO THE COLGATE-PALMOLIVECOMPANY 2005 EMPLOYEE STOCK OPTION PLAN

EXHIBIT 10-S(f)

AMENDMENT TO THE

COLGATE-PALMOLIVE COMPANY

2005 EMPLOYEE STOCK OPTION PLAN

AMENDMENT, dated as of February 26, 2009, to the Colgate-Palmolive Company 2005 Employee Stock Option Plan (the “Plan”).

WHEREAS, the Plan currently provides that Incentive Stock Options (as defined in the Plan) shall have an exercise period of no more than 10 years from the date of grant (a “10-year maximum term”), but does not provide a maximum term for other awards granted under the Plan; and

WHEREAS, the Board of Directors of the Company desires to apply a 10-year maximum term to all future awards granted under the Plan;

NOW, THEREFORE, BE IT RESOLVED, that Section 5(c)(2) of the Plan be and hereby is amended so that as amended it shall read in full as follows:

Term. The term of each Stock Option and each Stock Appreciation Right shall be fixed by the Committee, but no Stock Option or Stock Appreciation Right shall be exercisable more than 10 years after the date such Stock Option or Stock Appreciation Right is granted.

; and be it further

RESOLVED, that the foregoing resolution shall not (i) limit the authority of the Personnel and Organization Committee to determine the terms and conditions of awards granted under the Plan, including the applicable exercise period, which may be less than ten years, or (ii) modify awards previously granted under the Plan; and be it further

RESOLVED, that the officers of the Company be, and they hereby are, jointly and severally, authorized and empowered to take any and all actions, and to execute any and all agreements, documents and instruments, as they in their discretion may deem necessary or appropriate to effectuate the foregoing resolutions.