INTERNATIONAL FLAVORS & FRAGRANCES INC.
                   STOCK OPTION PLAN FOR NON-EMPOYEE DIRECTORS

      International Flavors & Fragrances Inc., a New York corporation (herein
called "IFF"), hereby establishes the Stock Option Plan For Non-Employee
Directors (herein called the "Plan") on the following terms and conditions:

      1. Purpose: To attract and retain the services of qualified independent
directors of IFF who are not employees of IFF and provide additional incentive
for such directors to work for the best interests of IFF and its shareholders.

      2. Method of Adoption: By the approval of the Board of Directors of IFF
(herein called the "Board") and of the holders of a majority of IFF shares.

      3. Grant of Options: Options for 1,000 shares each will be automatically
granted to each non-employee director in each year commencing in 1990 and ending
in 1999, and each such grant in each year shall be made on the date of the
Annual Meeting of the Shareholders of IFF in that year.

      4. Number of Shares: The Plan shall cover an aggregate of 100,000 shares
of common stock of IFF of the par value of $.12 1/2 each. Either authorized and
unissued shares or treasury shares may be used. If any options expire or
terminate without being exercised in full, including options voluntarily
surrendered for cancellation, the shares subject thereto which have not been
purchased in accordance with the terms of such options shall be available for
the grant of new options under the Plan.

      5. Purchase Price: The purchase price per share for any stock optioned at
any time under this Plan shall be the fair market value thereof on the date of
granting the option. Upon exercise of any stock option the director may pay for
the stock covered by the stock option with Common Stock of IFF taken at its fair
market value, providing the director has held such Common Stock for at least six
months or such longer period as determined by the Board.

      6. Eligibility: All members of the Board who are not employees of IFF or
one of its subsidiaries (including subsidiaries which may become such after
adoption of this Plan), including any such members elected to the Board by the
shareholders on the date of grant of an option.

      7. Directorship at the Time of Exercise of Options: Any stock option may
be exercised by any director only so long as he or she remains a director of
IFF, provided that if a director voluntarily resigns with the consent of the
Board, if he or she becomes totally disabled or retires at or after age 65, he
or she may exercise within 3 months thereafter (but not later than the
expiration date of the option) the option as to the

balance, if any, of the shares which the director was entitled to purchase under
the terms of the option at the date of such resignation, disability or
retirement. If a director dies while a director of IFF, his or her legal
representatives, distributees or legatees, as the case may be, may exercise
within 3 months thereafter (but not later than the expiration date of the
option) the option as to the balance, if any, of the shares which the director
was entitled to purchase under the terms of the option at the date of his or her
death or, in case such death occurs less than 48 months from the date of the
grant of the option, that proportion of the shares covered by the option which
the number of days in the period from the date of grant to the date of the
director's death bears to the number 1460, less any shares previously purchased
under the option.

      8. Individual Options: The maximum number of shares for which stock
options may be granted to any individual under the Plan shall be 10,000.

      9. Exercise of Options: Each stock option may be exercised as follows: up
to one-third of the shares covered at any time after 24 months from the date of
grant, up to two-thirds of such shares at any time after 36 months from such
date; and all the shares at any time after 48 months from such date. An option
may not be exercised, if, in the opinion of counsel for the Company, exercise of
the option or delivery of shares pursuant thereto might result in a violation of
any law or regulation of an agency of government or have an adverse effect on
the listing status or qualification of the Company shares on any securities
exchange.

      10. Rights of Optionees Before Issuance of Stock Certificates: No optionee
shall have any rights as a stockholder with respect to any shares covered by any
stock option until the date of the issuance of the stock certificate for such
shares following exercise of the options. No adjustment shall be made for
dividends or other rights for which the record date is prior to the date such
stock certificate is issued.

      11. Anti-Dilution Provisions: Each option agreement shall contain such
provisions as the Board or the Committee shall deem to be appropriate, including
provisions for appropriate adjustment of the option price and the number of
shares covered, or both, to protect the optionee in the event of a
reorganization, recapitalization, stock split, stock dividend, combination of
shares, merger or consolidation (except as otherwise stated below) or in the
event of any other change in the corporate capital structure of IFF. In the
event of any such adjustment, the aggregate number and class of shares available
under the Plan and the maximum number of shares as to which options may be
granted to any director may also be appropriately adjusted.

      12. Nonassignability: No option shall be assignable or transferable by an
optionee except by will or by the laws of descent and distribution, and an
option shall be exercisable during his or her lifetime only by him or her.

      13. Administration: The Plan is intended to be self-operative to the
maximum extent consistent with prudent business practice. Under no circumstances
shall any individual or group of individuals exercise discretion with respect to
designating the recipient of an option, the number of shares of Common Stock
that are subject to an option, the date of grant of an option or the exercise
price or dates of exercise of an option. Otherwise, the Plan shall be
administered by vote of a majority of the Board, or by a majority of the Stock
Option and Compensation Committee of the Board (herein called the "Committee").

      14. Acceleration of Option upon Merger or Consolidation: In the event of
the merger or consolidation of IFF with or into another corporation as a result
of which IFF is not the surviving corporation, then on written notice to the
optionee given by the surviving corporation, the option may be exercised, as to
the entire number of shares subject thereto, on and after the effective date of
such merger or consolidation and the option shall cease and terminate as to any
shares as to which it has not been exercised on a date 180 days after the
effective date of such merger or consolidation or on the expiration date of such
option, whichever is earlier.

      15. Agreements: Options issued under the Plan shall be evidenced by
agreements in such form as the Board or the Committee may approve. The terms of
such agreements shall comply with the applicable terms of the Plan contained
herein. The option agreement shall not impose on IFF or its subsidiaries any
obligation to continue any individual as a director for any period.

      16. Change in Control: In the event of a "change in control" of IFF, all
options previously granted to a director shall become immediately exercisable in
full, and he or she or his or her legal representatives, distributees or
legatees in the event of the death of a director may exercise within 3 months
thereafter (but not later than the respective expiration dates of the options)
any and all outstanding options.

      "Change in control" shall mean the earliest to occur of any of the
following events:

            (i) any person, corporation, partnership, association, trust or
other entity, or any "group" as defined in Section 13(d)(3) of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), shall hereafter become
the "beneficial owner," as defined in Rule 13d-3 promulgated under the Exchange
Act, directly or indirectly, of securities of the Corporation representing 40
percent or more of the combined voting power of the Corporation's then
outstanding securities; or

            (ii) persons not nominated by the Board in the Corporation's most
recent proxy statement shall constitute a majority of the members of the Board.

      17. Interpretation: In the event of any difference of opinion between an
optionee and IFF concerning the meaning or effect of the Plan, such difference
shall be resolved by the Board.

      18. Compliance with Applicable Laws: All options granted under the Plan
shall be non-statutory options not intended to qualify under Section 422A of the
Internal Revenue Code of 1986, as amended. No shares shall be offered under the
Plan and no stock certificate shall be delivered upon exercise of options until
such offering has been registered under the Securities Act of 1933, as amended,
and any other applicable governmental laws and regulations, unless in the
opinion of counsel such offering is exempt from registration under such Act, and
until IFF shall have complied with any applicable provisions of the Securities
Exchange Act of 1934, as amended, and applicable requirements of the New York
Stock Exchange.

      19. Amendment and Termination of the Plan: The Board may from time to
time, with respect to any shares at the time not subject to options, suspend or
discontinue the Plan or amend it in any respect, except as provided in paragraph
13 hereof, provided that (a) no revision or amendment shall change the selection
or eligibility of directors to receive options under the Plan, the purchase
price thereunder, or materially increase the benefits accruing to participants
under the Plan, (b) without the approval of the holders of a majority of
outstanding shares of IFF (except as provided in paragraph 11 above), increase
the aggregate numbers of shares available for options, or reduce the option
price below that provided for hereunder.