Rayovac 2012 Annual Report Download - page 20

Certain of our products and facilities in each of our business segments are regulated by the United States
Environmental Protection Agency (the “EPA”) and the United States Food and Drug Administration (the “FDA”)
or other federal consumer protection and product safety agencies and are subject to the regulations such agencies
enforce, as well as by similar state, foreign and multinational agencies and regulations. For example, in the U.S.,
all products containing pesticides must be registered with the EPA and, in many cases, similar state and foreign
agencies before they can be manufactured or sold. Our inability to obtain or the cancellation of any registration
could have an adverse effect on our business, financial condition and results of operations. The severity of the
effect would depend on which products were involved, whether another product could be substituted and whether
our competitors were similarly affected. We attempt to anticipate regulatory developments and maintain
registrations of, and access to, substitute chemicals and other ingredients. We may not always be able to avoid or
minimize these risks.
The Food Quality Protection Act (“FQPA”) established a standard for food-use pesticides, which is that a
reasonable certainty of no harm will result from the cumulative effect of pesticide exposures. Under the FQPA,
the EPA is evaluating the cumulative effects from dietary and non-dietary exposures to pesticides. The pesticides
in certain of our products continue to be evaluated by the EPA as part of this program. It is possible that the EPA
or a third party active ingredient registrant may decide that a pesticide we use in our products will be limited or
made unavailable to us. We cannot predict the outcome or the severity of the effect of the EPA’s continuing
evaluations of active ingredients used in our products.
Certain of our products and packaging materials are subject to regulations administered by the FDA. Among
other things, the FDA enforces statutory prohibitions against misbranded and adulterated products, establishes
ingredients and manufacturing procedures for certain products, establishes standards of identity for certain
products, determines the safety of products and establishes labeling standards and requirements. In addition,
various states regulate these products by enforcing federal and state standards of identity for selected products,
grading products, inspecting production facilities and imposing their own labeling requirements.
Employees
We had approximately 5,850 full-time employees worldwide as of September 30, 2012. Approximately 33%
of our total labor force is covered by collective bargaining agreements. There are three collective bargaining
agreements that will expire during our fiscal year ending September 30, 2013, which cover approximately 64%
of the labor force under collective bargaining agreements, or approximately 21% of our total labor force. We
believe that our overall relationship with our employees is good.
Available Information
Our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and
amendments to reports filed pursuant to Sections 13(a) and 15(d) of the Securities Exchange Act of 1934, as
amended (the “Exchange Act”), are made available free of charge on or through our website at
www.spectrumbrands.com as soon as reasonably practicable after such reports are filed with, or furnished to, the
United States Securities and Exchange Commission (the “SEC”). You may read and copy any materials we file
with the SEC at the SEC’s Public Reference Room at 100 F Street, NE, Washington, DC 20549. You may obtain
information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. The SEC
also maintains an Internet site that contains our reports, proxy statements and other information at www.sec.gov .
In addition, copies of our (i) Corporate Governance Guidelines, (ii) charters for the Audit Committee,
Compensation Committee and Nominating and Corporate Governance Committee, (iii) Code of Business
Conduct and Ethics and (iv) Code of Ethics for the Principal Executive Officer and Senior Financial Officers are
available at our Internet site at www.spectrumbrands.com under “Investor Relations—Corporate Governance.”
Copies will also be provided to any stockholder upon written request to the Vice President, Investor Relations &
Corporate Communications, Spectrum Brands, Inc. at 601 Rayovac Drive, Madison, Wisconsin 53711 or via
electronic mail at [email protected], or by contacting the Vice President, Investor
Relations & Corporate Communications by telephone at [phone].
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