Third Amendment to Amended and Restated Employment Agreement between Spectrum Brands, Inc. and John A. Heil

Summary

Spectrum Brands, Inc. and John A. Heil have amended their employment agreement, effective August 28, 2009. The amendment reinstates Mr. Heil's annual base salary to $500,000, reversing a previous change made in the Second Amendment dated February 24, 2009. This agreement outlines the updated salary terms for Mr. Heil's employment with Spectrum Brands, Inc.

EX-10.12 5 dex1012.htm DESCRIPTION OF THIRD AMENDMENT TO THE AMENDED & RESTATED EMPLOYMENT AGREEMENT Description of Third Amendment to the Amended & Restated Employment Agreement

Exhibit 10.12

Description of Third Amendment to the Amended and Restated Employment Agreement of John A. Heil, effective as of August 28, 2009

Effective as of August 28, 2009, the board of directors of Spectrum Brands, Inc. reinstated the annual base salary of John A. Heil to $500,000, which reinstatement amended that certain Second Amendment to the Amended and Restated Employment Agreement, effective as of February 24, 2009, by and between Spectrum Brands, Inc. and John A. Heil.