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Exhibit 10(r)
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Contract of Employment dated February 28, 1986, between
Rhodic (assumed by Scotts France SAS) and Christian Ringuet
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COMPANY: RHODIC
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MR. CHRISTIAN RINGUET
CONTRACT OF EMPLOYMENT
FEBRUARY 1986
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RHODIC,
42, chemin du Moulin-Carron
69130 ECULLY
28th February 1986
Mr. Christian RINGUET,
"Le Verger",
TILCHATEL,
21110 IS S/ TILLE.
Dear Sir,
We would like to confirm your employment with RHODIC, 42, chemin du
Moulin-Carron, 69130
ECULLY
o with effect from: the 10th of March 1986
o subject to the conventional three month trial period
o in the position of: Marketing Director in the KB JARDIN Department
This contract is subject to the general terms of the "Engineers & Executives"
Codicil of the Convention Collective Nationale des Industries Chimiques
((National Collective Labor Agreement for Chemical Industries), and to the
specific terms hereinafter:
1. This contract of employment is concluded for an indefinite period of time.
However, should you still be in our employment when you reach the normal
retirement age applied in our company at that time, your career shall then
come to an end.
2. Your position in our company is subject to the terms hereinafter. These
terms shall continue to apply whatever changes may subsequently occur
concerning your departmental assignment:
a. You are sworn to professional secrecy not only during the continuance
of your employment with our Company but also, should the case arise,
following termination thereof, whatever the reason for termination may
be.
You also undertake not to work, even temporarily or in an advisory
capacity, for any company in competition with our Company throughout
the duration of your duties.
b. The department to which you are assigned may subsequently be altered,
should the interests of the Group so require.
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CONTRACT OF MR. CHRISTIAN RINGUET: CONTINUED
o You shall be attached to Group V, ENGINEERS & EXECUTIVES.
o Your coefficient is 550.
o Your professional branch is the Commercial Personnel branch.
3. Your monthly salary is set at of FRF 27,693 (twenty seven thousand six
hundred and ninety-three French Francs), whatever the number of hours
worked.
Moreover, you shall receive an annual bonus corresponding to one month's
salary (the "thirteenth month") , half of which shall be paid in June and
the other half in December.
4. In addition, you shall enjoy the fringe benefits which are customary in our
Company.
5. You shall be automatically affiliated to our insurance schemes: "Death -
Disability" and "Retirement".
You undertake to accept the deduction of the corresponding contributions
from your salary each month.
You are entitled, if you so wish, to join the RHONE-POULENC AGROCHIMIE
mutual insurance company as well as the CAISSE CHIRURGICALE MUTUALISTE DE
L'ISERE (CCMI). Contributions to the RP AGROCHIMIE mutual insurance company
shall be automatically deducted, however, should you not wish to join this
scheme, such contributions shall be reimbursed at your request.
For our records, please return the enclosed copy of this contract bearing:
o the hand-written note "Read and Approved", and
o the date and your signature.
Yours faithfully,
G. IVOL F. LORAS
Human Resources Director Managing director RHODIC
/s/ G. Ivol /s/ F. Loras
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