<PAGE>

Exhibit 10(e)

                             LAWTER INTERNATIONAL, INC.
                                          
                                    AMENDMENT TO
                        1992 NON-QUALIFIED STOCK OPTION PLAN


          Pursuant to a resolution duly adopted by the Board of Directors of
Lawter International, Inc. (the "Company") on February 14, 1995, the Company's
1992 Non-Qualified Stock Option Plan (the "Plan") is hereby amended as follows,
subject to approval of this amendment (the "Amendment") by the Company's
stockholders.
     1.   The first sentence of Section 6 of the Plan is hereby amended to read
in its entirety as follows:

          "Any option granted under the Plan (including options granted prior to
     February 14, 1995) shall be exercisable in whole or in part only after the
     date of the latest of the following events:  (a) one year after date of
     grant, or (b) upon the lapse of such additional period or periods of time
     as the Committee in its sole discretion may provide upon the granting
     thereof; provided that no such option may be exercisable alter the
     expiration of ten years from the date on which such option was granted."

     2.   The fourth sentence of Section 13 of the Plan is hereby amended to
read in its entirety as follows:

          "The Board of Directors of the Company may amend or discontinue the
     Plan as it may deem proper and in the best interests of the Company,
     provided that no such amendment or discontinuance shall affect or impair
     options previously granted under the Plan without the consent of the
     optionee, and provided further that (i) the total number of shares which
     may be purchased under the Plan shall not be increased (except as provided
     in Section 11 hereof) and (ii) the option price specified in Section 5
     hereof shall not be decreased (except as provided in Section 11 hereof);
     provided, however, that the Plan may not be amended more than once every
     six months, other than to comply with changes in the Internal Revenue Code,
     the Employee Retirement Income Security Act, or the rules thereunder."

          This Amendment shall be deemed to have become effective on February
14, 1995 if it is approved by the affirmative vote of the holders of a majority
of the voting stock of the Company voting in person or by proxy at a duly held
stockholders' meeting.

     
                                  Adopted by the Board of Directors of
                                  the Company on February 14, 1995

                             LAWTER INTERNATIONAL, INC.
                                          
                                    AMENDMENT TO
                        1992 NON-QUALIFIED STOCK OPTION PLAN


          Pursuant to a resolution duly adopted by the Board of Directors of
Lawter International, Inc. (the "Company") on February 14, 1995, the Company's
1992 Non-Qualified Stock Option Plan (the "Plan") is hereby amended as follows,
subject to approval of the 1995 Non-Qualified Stock Option Plan for Non-Employee
Directors (the "Directors Plan") by the Company's stockholders.  
     1.   Section 4.1 of the Plan is hereby amended to read in its entirety as
follows:
               "4.1 ELIGIBILITY

               Options may be granted under the Plan only to persons who are
          officers, directors or key employees of the Company or of a subsidiary
          of the Company; provided that directors who are not employees,
          officers, or executive officers of the Company or a subsidiary of the
          Company shall not be eligible to receive options under the Plan on or
          after February 14, 1995."  

<PAGE>

     2.   Section 4.2 of the Plan is hereby amended to read in its entirety as
follows:

               "4.2 DIRECTORS

               Options granted under the Plan to non-employee directors prior to
          February 14, 1995 shall remain outstanding in accordance with the
          terms of the Plan.  Such options shall be exercisable in accordance
          with Section 7 hereof and shall be subject to the provisions of the
          Plan.  A person receiving an option as a director shall not be subject
          to the termination provisions of Section 9 if, having ceased to be a
          director he or she immediately becomes an employee or consultant of
          the Company or a subsidiary of the Company, in which case termination
          shall occur thereunder when he or she ceases to be an employee or
          consultant."  


          This Amendment shall be deemed to have become effective on
February 14, 1995 if the Directors Plan is approved by the affirmative vote of
the holders of a majority of the voting stock of the Company voting in person or
by proxy at a duly held stockholders' meeting.
     
                                  Adopted by the Board of Directors of
                                  the Company on February 14, 1995