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Exhibit 10.2

FORM OF

AMENDMENT TO EXISTING
CONTINGENT STOCK PURCHASE AGREEMENT—OFFICER

        As of the date or each of the dates set forth below, SEALED AIR
CORPORATION (the "Corporation") and                          (the "Employee")
entered into a Contingent Stock Purchase Agreement (the "Agreement") providing
for the sale to the Employee of the number of shares indicated of the $0.10 par
value Common Stock of the Corporation for a purchase price of $1.00 per share
under the Contingent Stock Plan of Sealed Air Corporation:

Date of Agreement

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  Number of Shares

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        The Employee and the Corporation agree that each such Agreement is
amended effective                         , as follows:

1.The last sentence of Section 5 of the Agreement is amended to read in its
entirety as follows:

Upon the expiration of the Repurchase Option, an Employee may surrender to the
Corporation the certificates or certificates representing such shares in
exchange for a new certificate or certificates, free of the above legend,
subject to the provisions of Section 15 below.

2.The following sentences are added at the end of Section 15 of the Agreement:

The Corporation may cause any tax withholding obligation or other charges
described in the preceding sentence to be satisfied by the Corporation
withholding from the shares of Common Stock issued pursuant to the last sentence
of Section 5 of this Agreement a number of shares (rounded up to the nearest
whole share) with an aggregate fair market value on the date that such
withholding obligation arises equal to the aggregate amount of such taxes and
other charges. Regardless of any other provision of the Plan, the Corporation
may refuse to issue or to deliver to the Employee certificates or a book entry
statement representing shares issued pursuant to this Agreement until the
Employee to whom the shares were issued complies with any withholding
obligation.

        Except as amended above, each Agreement shall remain in full force and
effect in accordance with its terms.

 
   
SEALED AIR CORPORATION        

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Employee

By:            

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Name:
 
 
 
     

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Title:
 
 
 
     

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FORM OF AMENDMENT TO EXISTING CONTINGENT STOCK PURCHASE AGREEMENT—OFFICER