<PAGE>   1

                                                                   EXHIBIT 10(d)
                                                                   -------------





                           THE RUBBERMAID INCORPORATED
                          SUPPLEMENTAL RETIREMENT PLAN











                          Reflecting Amendments Through
                                December 23, 1997










                 Federal Employer Identification No. 34-0628700


<PAGE>   2


         Originally effective as of January 1, 1991 and restated as of January
1, 1995, Rubbermaid Incorporated adopted this Plan known as the Rubbermaid
Incorporated Supplemental Retirement Plan, to provide retirement benefits to
certain management and highly compensated employees to supplement benefits
provided from other retirement or profit sharing plans maintained by Rubbermaid
Incorporated or a subsidiary.

         The Plan is not intended to meet the requirements of Sections 401(a)
and 501(a) of the Internal Revenue Code of 1954, as amended by the Employee
Retirement Income Security Act of 1974 nor is the Plan intended to meet other
requirements of such Act.

         The provisions of this Plan as revised and restated effective January
1, 1995 shall apply only to persons who are employed by Rubbermaid Incorporated
or an Adopting Employer.


                                    ARTICLE I
                                    ---------

                                   DEFINITIONS
                                   -----------

         The following words and phrases, when used in this Plan, unless the
context clearly indicates otherwise, shall have the following meanings:

1.1 - Accrual or Employer Accrual
---------------------------------

         The amount which is computed and credited to a Participant's account
         pursuant to Article 3 of this Plan.

1.2 - Actuary
-------------

         An independent, qualified actuary who is a Fellow of the Society of
         Actuaries and an enrolled actuary pursuant to the provisions of ERISA,
         selected by the Company or a firm of independent actuaries selected by
         the Company at least one of whose members is a Fellow of the Society of
         Actuaries and an enrolled actuary pursuant to the provisions of ERISA.

1.3 - Adopting Employer
-----------------------

         A Subsidiary of Rubbermaid Incorporated who has adopted this Plan
         pursuant to the terms of Article 6.

1.4 - Age
---------

         A person's actual attained age expressed in years from date of birth.


<PAGE>   3


1.5 - Approved Absence
----------------------

         Absence of an Associate (including periods of temporary or indefinite
         layoff) authorized or approved by the Company as determined in
         accordance with the normal practices of the Company as may be applied
         at each location, division or Subsidiary of the Company. In the event
         the Associate does not return within the period specified, termination
         of employment shall be deemed to have occurred on the last day of such
         period. The provisions of this Section shall be uniformly applied to
         all Participants similarly situated.

1.6 - Associate
---------------

         The term Associate shall mean any non-union, salaried employee of
         Rubbermaid Incorporated or any of its United States Subsidiaries.

1.7 - Beneficiary
-----------------

         The term Beneficiary shall mean such persons described in Section 5.8.

1.8 - Board
-----------

         The present and any succeeding Board of Directors of Rubbermaid
         Incorporated.

1.9 - Bonus
-----------

         The amount of annual incentive compensation payable by Rubbermaid
         Incorporated or an Adopting Employer under the Rubbermaid Incorporated
         Management Incentive Plan ("MIP") (effective January 1, 1997, the
         Rubbermaid Incorporated Management Value Plan ("MVP")) maintained by
         Rubbermaid Incorporated or an Adopting Employer.

1.10 - Break in Service
-----------------------

         The term Break in Service shall mean any Plan Year during which an
         Associate is credited with 500 or fewer Hours of Service.

1.11 - Code
-----------

         The Internal Revenue Code of 1986, as amended from time to time.

1.12 - Committee
----------------

         The Committee appointed pursuant to Article 7.


<PAGE>   4


1.13 - Company
--------------

         Rubbermaid Incorporated, an Ohio corporation, and any United States
         Subsidiary of Rubbermaid Incorporated which is an Adopting Employer and
         any organization that is a successor to Rubbermaid Incorporated or is
         the result of a merger or consolidation of one or more Adopting
         Employers.

1.14 - Change of Control
------------------------

         A "Change of Control" of Rubbermaid Incorporated shall be deemed to
         occur:

                  a.  in the event Article Fifth of Rubbermaid Incorporated
                      Amended Articles of Incorporation shall become operative,

                  b.  in the event that the Rubbermaid Incorporated Board of
                      Directors recommends to its shareholders the acceptance of
                      any tender offer as provided in said Article Fifth,

                  c.  in the event the necessary percentage of shareholders
                      approves a transaction of the nature described in Article
                      Sixth of the Rubbermaid Incorporated Amended Articles of
                      Incorporation, or

                  d.  in the event any person, as defined in said Article Fifth
                      of the Amended Articles of Incorporation, becomes the
                      beneficial owner, directly or indirectly, of 20% or more
                      of the outstanding common shares of Rubbermaid
                      Incorporated.

1.15 - Effective Date
---------------------

         January 1, 1995, the date on which the provisions of this Plan were
         revised and restated.

1.16 - Eligible Associate
-------------------------

         Any non-union salaried Associate of the Company compensated on the
         basis of periodic salary in accordance with the Company's normal
         practices, who is receiving remuneration for personal services rendered
         to the Company (or who would be receiving such remuneration except for
         an Approved Absence) and such Associate is:

                  a.  eligible to participate in the Rubbermaid Incorporated
                      Management Incentive Plan ("MIP") (effective January 1,
                      1997, the Rubbermaid Incorporated Management Value Plan
                      ("MVP")) and the Rubbermaid Retirement Plan; or

                  b.  a Highly Compensated Associate and eligible to participate
                      in the Rubbermaid Retirement Plan; or

                  c. any other Associate as designated by the Company.



<PAGE>   5


1.17 - Eligible Spouse
----------------------

         The lawful husband or wife, as the case may be, recognized under the
         laws of the state in which a Participant is regularly and continuously
         employed by the Company, as of the date specified in the relevant
         section of this Plan. The Plan Administrator may rely on the statement
         of a Participant concerning the Participant's marital status and all
         persons claiming any benefit under the Plan shall be bound by such
         reliance.

1.18 - Employer
---------------

         Any Employer as defined in Section 3(5) of ERISA, which includes
         Rubbermaid Incorporated and any Adopting Employer.

1.19 - Employment Commencement Date
-----------------------------------

         The date upon which an Eligible Associate first performs an Hour of
         Service for the Company.

1.20 - ERISA
------------

         Public Law No. 93-406, the Employee Retirement Income Security Act of
         1974, as amended from time to time.

1.21 - Fiduciary
----------------

         Rubbermaid Incorporated (acting through its Board or where applicable,
         duly authorized officers), the Plan Administrator, or such other
         parties named as Fiduciaries in this Plan, but only with respect to the
         specific responsibilities of each.

1.22 - Highly Compensated Associate
-----------------------------------

         Any Associate who during any Plan Year is a highly compensated employee
         as defined in Section 414(q) of the Code.

1.23 - Hour of Service
----------------------

         An Hour of Service shall generally be determined in accordance with
         Department of Labor Regulation 2530.200(b)-2. Hours of Service with
         respect to any Participant shall be determined using the same rules as
         the Rubbermaid Retirement Plan.

 1.24 - Participant
 ------------------

         An Eligible Associate who (i) has met all the participation
         requirements of this Plan and (ii) has become included in this Plan as
         provided in Section 2.1.




<PAGE>   6


1.25 - Plan
-----------

         The Rubbermaid Incorporated Supplemental Retirement Plan, the terms of
         which are set forth herein, as it may be amended from time to time.

1.26 - Plan Administrator
-------------------------

         The Plan Administrator shall be the Rubbermaid Incorporated and
         effective August 22, 1995 shall be the Benefit Plans Committee of
         Rubbermaid Incorporated, or its delegate.

1.27 - Plan Year
----------------

         The twelve-month period commencing each January I and ending on
         December 31.

1.28 - Rubbermaid Incorporated
------------------------------

         Rubbermaid Incorporated shall mean the Ohio corporation located in
         Wooster, Ohio

1.29 - Subsidiary
-----------------

         Any corporation included with a "controlled group of corporations" of
         which Rubbermaid Incorporated is a member shall be deemed a Subsidiary.
         A controlled group of corporations shall be defined pursuant to Section
         1563 of the Code and the Regulations thereunder.

1.30 - Normal Retirement Date
-----------------------------

         The Normal Retirement Date is the first day of the month following the
         date upon which a Participant attains the Age of 65. A Participant
         shall be vested in all amounts credited to such Participant's account
         upon attaining Age 65 notwithstanding any other provision of this Plan.

1.31 - Disability Retirement Date
---------------------------------

         The date upon which a Participant retires from the employment of the
         Company due to Total and Permanent Disability.

1.32 - Retirement Plan
----------------------

         Retirement Plan shall mean the Rubbermaid Retirement Plan.

1.33 - Total and Permanent Disability
-------------------------------------

         Total and Permanent Disability or Totally and Permanently Disabled
         shall mean physical or mental disability or illness which renders the
         Participant incapable of performing the duties regularly performed for
         the Company when such disability commenced, as determined by

<PAGE>   7


         the Plan Administrator upon the basis of evidence submitted to it
         within a reasonable time after it so requests. In case of a difference
         of opinion between a doctor selected by the Participant and a doctor
         selected by the Company as to the existence and extent of the
         disability of the Participant, a third doctor shall be appointed by the
         other two doctors to examine said Participant and to make a report to
         the Plan Administrator with respect to the disability of the
         Participant. The report of such doctor shall be accepted by the Plan
         Administrator as the basis for its determination of the existence and
         extent of disability under the provisions of this Section.

1.34 - Valuation Date
---------------------

         Each January 31, which is the date on which Participant Accounts shall
         be adjusted to reflect accruals and forfeitures for the preceding Plan
         Year. Such date shall also be used to credit interest to the
         Participant's Account for the 12 month period ending on such date. The
         Plan Administrator may select other Valuation Dates (not more
         frequently than monthly) as it deems necessary.

1.35 - Year(s) of Service
-------------------------

         A Participant shall be credited with a Year of Service under this Plan
         for any "Year of Vesting Service" credited to such Participant under
         the Rubbermaid Retirement Plan.


                                    ARTICLE 2
                                    ---------

                                  PARTICIPATION
                                  -------------

2.1 - Eligibility
-----------------

         An Associate shall become eligible to participate in the Plan on the
         date the Associate becomes an Eligible Associate.

2.2 - Conditions of Participation
---------------------------------

         Participation in this Plan by an Eligible Associate shall be contingent
         upon receipt by the Plan Administrator of such documents and
         information as prescribed by the Plan Administrator. Each Associate,
         upon becoming a Participant, shall be deemed conclusively, for all
         purposes, to have consented to the terms and provisions of this Plan
         and shall be bound thereby.

2.3 - Break in Service/Rehire
-----------------------------

         A Participant who terminates employment and is rehired shall
         participate in the Plan pursuant to Section 2.1.




<PAGE>   8


                                    ARTICLE 3
                                    ---------

                                    ACCRUALS
                                    --------

3.1 - Employer Accruals
-----------------------

         As of the last day of the Plan Year, Rubbermaid Incorporated and each
         Adopting Employer shall accrue on their book of account, an amount
         which equals the sum of the following amounts for each Participant who
         is employed by Rubbermaid Incorporated or an Adopting Employer on the
         last day of the Plan Year (June 13, 1997 with respect to a Participant
         who was employed by Rubbermaid Office Products Inc. on June 13, 1997
         and not employed by Rubbermaid Incorporated or an Adopting Employer
         after June 13, 1997 but before December 31, 1997) except for absence
         due to Military Duty, Death, Approved Absence or Disability:

         a.       For each Participant who is a participant in the Executive
                  Management Plan of the Rubbermaid Incorporated Management
                  Incentive Plan (effective January 1, 1997, the Rubbermaid
                  Incorporated Management Value Plan) AND eligible to receive an
                  "employer regular contribution" under the Retirement Plan, an
                  amount equal to the greater of:

                  i.       Fifteen percent (15%) of the total of the
                           Participant's Bonus (determined prior to reduction
                           under the 1997 Exchange of Compensation for Stock
                           Options Program) earned for the Plan Year, regardless
                           of whether such Bonus was deferred in whole or in
                           part and for a Participant who is a member of
                           Corporate Council, the value of any regular
                           restricted stock award (effective January 1, 1997,
                           performance stock award) for the Plan Year under the
                           Rubbermaid Incorporated Amended and Restated 1989
                           Stock Incentive and Option Plan; or

                  ii.      Fifteen percent (15%) of the Participant's
                           "compensation" (as defined in the Retirement Plan)
                           for the Plan Year LESS the amount of the "employer
                           regular contribution" made to the Retirement Plan for
                           such Participant for the Plan Year.

         b.       For each Participant who is a participant in the Key
                  Management Incentive Plan of the Rubbermaid Incorporated
                  Management Incentive Plan (effective January 1, 1997, the
                  Rubbermaid Incorporated Management Value Plan) AND eligible to
                  receive an "employer regular contribution" under the
                  Retirement Plan, an amount equal to the greater of:

                  i.       Twelve percent (12%) of the Participant's Bonus
                           (determined prior to reduction under the 1997
                           Exchange of Compensation for Stock Options Program)
                           earned for the calendar year, regardless of whether
                           such Bonus was deferred in whole or in part; or


<PAGE>   9


                  ii.      Fifteen percent (15%) of the Participant's
                           "compensation" (as defined in the Retirement Plan)
                           for the Plan Year LESS the amount of the "employer
                           regular contribution" made to the Retirement Plan for
                           such Participant for the Plan Year EXCEPT that this
                           Section 3.1(b)(ii) shall NOT apply for the 1995 Plan
                           Year to a Participant who was employed by The Little
                           Tikes Company.

         c.       For each Participant who is NOT eligible for a contribution
                  under Sections 3.1(a) or 3.1(b) AND is a eligible to receive
                  an "employer regular contribution" under the Retirement Plan,
                  an amount equal to the difference, if any, between the amount
                  of the "employer regular contribution" the Participant would
                  receive under the Retirement Plan for the Plan Year if he was
                  a non-Highly Compensated Associate (based on his total
                  "compensation" as defined in the Retirement Plan) and the
                  amount he actually received as an "employer regular
                  contribution" under the Retirement Plan for the Plan Year.

         d.       For each Participant who is eligible to receive an "employer
                  regular contribution" under the Retirement Plan, an amount
                  equal to the amount the Participant would have received as an
                  "employer regular contribution" under the Retirement Plan for
                  the Plan Year if the limitations under Sections 401(a)(17) and
                  401(a)(4) of the Code were not applied to that Participant.

         e.       For each Participant designated by the Company, such amount as
                  determined by the Company in its sole discretion.

         If the amount credited to a Participant for the 1997 Plan Year under
         this Section 3.1 (except 3.1(e)) PLUS the amount of the "employer
         regular contribution" made to the Retirement Plan for such Participant
         for the 1997 Plan Year (the "1997 Retirement Plan Allocation") is LESS
         than the amount credited to the Participant for the 1996 Plan Year
         under this Section 3.1 (except 3.1(e)) PLUS the amount of the "employer
         regular contribution" made to the Retirement Plan for the 1996 Plan
         Year (the "1996 Total Allocation") then the amount credited to the
         Participant for the 1997 Plan Year under this Section 3.1 (except
         3.1(e)) shall be an amount equal to the 1996 Total Allocation LESS the
         1997 Retirement Plan Allocation. Notwithstanding the above, the amount
         credited to a Participant under this Section 3.1 for the 1997 Plan Year
         (after application of the preceding sentence) shall be REDUCED by the
         amount, if any, elected by the Participant under the 1997 Exchange of
         Compensation for Stock Options Program. Participants in the Rubbermaid
         Incorporated Executive FUNDED Supplemental Retirement Plan shall not
         receive a contribution under this Section 3.1(a), (b) or (c).

3.2 - Participant Accounts
--------------------------

         The Plan Administrator shall establish separate accounts for each
         Participant as it deems necessary or appropriate to reflect the
         Participants interest in Employer Accruals credited to the Participant
         under Section 3.1.



<PAGE>   10


3.3 - Interest on Participant Accounts
--------------------------------------

         a.       The rate of interest credited to the Participant accounts
                  shall be the rate actually earned by the Stable Value Fund
                  under the Retirement Plan for the 12 month period ending on
                  the Valuation Date.

         b.       As of each Valuation Date, each Participant's individual
                  account, unless otherwise provided herein, is to be adjusted
                  to reflect for amounts or items directly allocable to such
                  individual account, including but not limited to amounts
                  accrued, amounts paid out, amounts forfeited and interest
                  earned.

3.4 - Costs
-----------

         All normal costs and expenses of administering the Plan are to be paid
         by the Company.


                                    ARTICLE 4
                                    ---------

                                     VESTING
                                     -------

4.1 - Vesting - Employer Accruals
---------------------------------

         a.       Accruals allocated to the Participant's account under Section
                  3.3(a)(i) as in effect prior to the January 1, 1995
                  restatement of the Plan shall be 100% vested.

         b.       Accruals under Section 3.1(e) shall be vested as of the date
                  or dates determined by the Company in its sole discretion.

         c.       Accruals under Section 3.1(a), (b), (c) and (d) shall vest at
                  the following rate:

<TABLE>
<CAPTION>

                  YEAR OF           VESTING EACH YEAR       CUMULATIVE VESTING
                  SERVICE
<S>                                        <C>                       <C>
               First Year                  0%                        0%
               Second Year                 0%                        0%
               Third Year                 20%                       20%
               Fourth Year                20%                       40%
               Fifth Year                 20%                       60%
               Sixth Year                 20%                       80%
               Seventh Year
               and Thereafter             20%                      100%
</TABLE>

         d.       The nonforfeitable percentage of a Participant's interest in
                  the Participant's account shall not be reduced as the result
                  of any direct or indirect amendment to this Article.



<PAGE>   11


4.2 - Years of Service
----------------------

         A Participant's Years of Service shall be equal to the Years of Service
         determined pursuant to Section 1.35 of the Plan.

4.3 - Forfeitures
-----------------

         Any amount credited to a Participant's account which is not vested upon
         termination of employment (other than for death or disability) shall be
         retained in the Plan in a segregated account in the Participant's name
         until forfeited. Such amounts shall be forfeited in the Plan Year in
         which the Participant incurs a 1-year Break in Service. However,
         effective January 31, 1997, such amounts shall be forfeited upon the
         earlier of any distribution to the Participant or the Valuation Date
         immediately following termination of employment with the Company.

         As of each Valuation Date, forfeitures which occurred during the
         preceding 12 month period shall be removed from the books of the
         Company.

         A Participant's forfeited account balance will be restored if the
         Participant is re-employed by the Company prior to incurring five (5)
         consecutive 1 Year Breaks in Service.

4.4 - Break in Service/Rehire
-----------------------------

         A Participant who terminates employment for any reason and who is
         rehired will have his Years of Service determined in accordance with
         Section 1.35.

4.5 - Disability
----------------

         When it is determined that a Participant is Totally and Permanently
         Disabled, the Participant's account shall become 100% vested.

4.6 - Death
-----------

         On the death of a Participant while employed by the Company, the
         interest of the Participant in the account shall become 100% vested in
         the Beneficiary.

4.7 - Change of Control
-----------------------

         In the event of an imminent or actual Change of Control, a
         Participant's account shall become 100% vested in the amount in the
         Participant's account.




<PAGE>   12


                                    ARTICLE 5
                                    ---------

                                  DISTRIBUTIONS
                                  -------------

5.1 - Amount of Distribution or Payment
---------------------------------------

         At such time that a Participant has satisfied any of the requirements
         of this Article, the Plan Administrator shall commence to make payments
         from the Participant's account as provided in this Article 5.

                  a.  The amount which is to be paid to a Participant or a
                      Beneficiary shall be equal to the amount in the
                      Participant's account on the Valuation Date coincident
                      with or subsequent to any of the following events:

                           i.   Separation from service on or after the Normal
                                Retirement Date;

                           ii.  Separation from service due to Permanent and
                                Total Disability;

                           iii. Death while in the employ of the Company;

                           iv.  Change of Control.

                  b.  The amount which is to be paid to a Participant or
                      Beneficiary due to termination of employment prior to the
                      Normal Retirement Date for reasons other than disability,
                      death or a Change of Control, shall not exceed the vested
                      interest of the Participant in the account on the
                      Valuation Date coincident with or subsequent to the date
                      of termination of employment. The non vested amount shall
                      be forfeited in accordance with the provisions of Article
                      4.

         The account of each Participant which becomes payable under this
         Article 5 shall continue to be credited with interest pursuant to
         Article 3.

5.2 - Time of Distribution
--------------------------

         Annual distributions shall commence as of the April of the Plan Year
         immediately following the earlier of the Plan Year in which the
         Participant attains Age 65 or the Plan Year in which the Participant
         retires from full time employment (whether or not such employment is
         with the Company). A Participant shall notify the Committee in writing
         that he has retired from full-time employment.

5.3 - Change of Control
-----------------------

         Unless the Board provides otherwise by their written resolution, the
         Plan Administrator shall cause the entire account balance of each
         Participant to be paid in one lump sum payment on or before the date of
         such Change of Control.



<PAGE>   13


5.4 - Authority to Alter Time or Form of Distribution
-----------------------------------------------------

         The Committee, taking into account the health, financial need and
         family obligations of the Participant, may alter the form of payments
         or the time at which any vested amount is to be paid, as it in its sole
         discretion decides.

5.5 - Normal Form of Benefit Payment
------------------------------------

         Benefit payments will be made annually in April of each year for a
         period of fifteen (15) years, commencing as of the date set forth in
         Section 5.2. The annual amounts will be determined by the Plan
         Administrator by dividing the account balance on the Valuation Date by
         the number of annual payments remaining.

5.6 - Optional Lump Sum Payment
-------------------------------

         Prior to the commencement of any annual benefit payments as set forth
         in Section 5.5, a Participant may irrevocably elect to receive a single
         lump-sum payment of his entire vested account by notifying the Plan
         Administrator in writing at least eighteen (18) months prior to the
         month in which the Participant attains Age 65. The lump sum payment
         will be paid in the April of the Plan Year following the Plan Year in
         which the Participant attains Age 65.

5.7 - Death Distribution Provisions
-----------------------------------

         A Participant who dies before attaining Age 65 or retirement and who is
         not receiving distributions from the Plan, shall have their account
         balance paid to the designated Beneficiary in the same form as
         receivable by the Participant, commencing on the April 1 following the
         Participant's Normal Retirement Date.

         If a Participant dies while distributions are being made, the
         Beneficiary shall receive the balance of the remaining payments in the
         same manner and at the same time as the Participant would have received
         them if living.

         Upon a determination by the Committee that a hardship exists, the
         Committee may direct payments to commence within a reasonable period
         after the Participant's death and/or be in form other than elected by
         the Participant.

5.8 - Designation of Beneficiary
--------------------------------

         A person entitled to designate a Beneficiary shall do so in writing on
         a form provided by the Plan Administrator. The Beneficiary designation
         may be changed at any time by filing a new form, and the most recent
         designation received by the Plan Administrator shall govern. If a
         deceased Participant is not survived by a named Beneficiary (or if no
         Beneficiary was effectively named), the benefits shall be paid to the
         Participant's

<PAGE>   14


         surviving spouse or, if there is no surviving spouse, the deceased
         Participant's surviving children in equal shares or, if there are no
         surviving children, the Participant's estate. If the Beneficiary is
         living at the death of the Participant, but the Beneficiary dies prior
         to receiving the entire death benefit, the remaining portion (if any)
         of such death benefit shall be paid in a single sum to the estate of
         such deceased Beneficiary.

5.9 - Location of Participant or Beneficiary Unknown
----------------------------------------------------

         In the event that all, or any portion, of the distribution payable to a
         Participant or a Beneficiary hereunder shall, at the expiration of five
         (5) years after it shall become payable, remain unpaid solely by reason
         of the inability of the Plan Administrator, after reasonable effort to
         ascertain the whereabouts of such Participant or Beneficiary, the
         amount so distributable shall be treated as a forfeiture pursuant to
         the Plan.


                                    ARTICLE 6
                                    ---------

                               ADOPTING EMPLOYERS
                               ------------------

6.1 - Adoption by Employers
---------------------------

         Rubbermaid Incorporated and each Subsidiary which is listed in Exhibit
         A, as attached hereto, shall be deemed to adopt this Plan with all of
         the provisions herein and shall be known as an Adopting Employer as of
         the date set forth in Exhibit A. An Employer which becomes a Subsidiary
         after the Effective Date may adopt this Plan with the consent of
         Rubbermaid Incorporated.

6.2 - Requirements of Adopting Employer
---------------------------------------

         Each Adopting Employer shall be bound by all decisions of the Plan
         Administrator and the Committee. The Committee shall have the sole
         authority to make any and all necessary rules or regulations, binding
         upon any Adopting Employer and as to all Participants of such Adopting
         Employer, to effectuate the purpose of this Article. Each Adopting
         Employer shall be deemed to have designated irrevocably Rubbermaid
         Incorporated as its agent.

         The transfer of any Participant from or to an Adopting Employer
         participating in this Plan, whether such person is an Employee of
         Rubbermaid Incorporated or an Adopting Employer, shall not affect such
         Participant's rights under the Plan. All amounts credited to such
         Participant's Account as well as accumulated service time with the
         transferor or predecessor shall continue to the Participant's credit.



<PAGE>   15


6.3 - Adopting Employer Accruals
--------------------------------

         The Plan Administrator shall keep records concerning the accounts of
         the Participants of each Adopting Employer.

6.4 - Discontinuance of Participation
-------------------------------------

         Any Adopting Employer shall be permitted to discontinue or revoke its
         participation in the Plan by written resolution of the Adopting
         Employer's Board of Directors. Rubbermaid Incorporated, at its
         discretion, may determine that an Adopting Employer shall no longer
         participate and may require such Adopting Employer to withdraw from the
         Plan. At the time of any such discontinuance or revocation,
         satisfactory evidence thereof and of any applicable conditions imposed
         shall be delivered to the Plan Administrator. A Subsidiary shall not
         participate in this Plan upon the date it ceases to be a Subsidiary of
         Rubbermaid Incorporated.


                                    ARTICLE 7
                                    ---------

                        THE PLAN ADMINISTRATOR/COMMITTEE
                        --------------------------------

7.1 - Plan Administrator
------------------------

         The Plan Administrator shall have only those specific powers, duties,
         responsibilities and obligations as are specifically given under this
         Plan, and any power, duty, responsibility or obligation for the
         control, management, or administration of the Plan which is not
         specifically allocated to any Fiduciary, or with respect to which the
         allocation is in doubt, shall be deemed allocated to the Committee. The
         Plan Administrator may employ and suitably compensate attorneys,
         accountants and other advisors as may be necessary to the performance
         of the Plan Administrator's duties.

         The Plan Administrator shall maintain adequate records and information
         to insure the proper operation of this Plan for the benefit of its
         Participants.

         The Plan Administrator shall make available to Participants and their
         Beneficiaries, for examination during business hours, such records as
         pertain to the person wishing to examine the same.

         The Plan Administrator, on behalf of the Participants and their
         Beneficiaries shall enforce the Plan in accordance with the terms of
         this Plan and shall have all powers necessary to accomplish that
         purpose including, but not by way of limitation, the following:

                  a.  To receive all Participant information, determine all
                      questions relating to the eligibility of Associates to
                      become Participants, or receive distributions;



<PAGE>   16


                  b.  To compute and certify the amount and kind of benefits
                      payable to Participants and their Beneficiaries;

                  c.  To authorize all disbursements;

                  d.  To make and publish such rules for the regulation of the
                      Plan as are not inconsistent with the terms hereof and
                      regulations, rules and interpretations concerning the Plan
                      as may be approved by the Committee.

                  e.  To file or cause to be filed all such annual reports,
                      financial and other statements as may be required by any
                      Federal or State statute, agency or authority within the
                      time prescribed by law or regulations for filing such
                      documents. The Plan Administrator shall furnish such
                      reports, statements and other documents to such
                      Participants and Beneficiaries of the Plan as may be
                      required by any Federal or State statute or regulation
                      within the time prescribed for furnishing such documents.

7.2 - Appointment of Committee
------------------------------

         The Chief Executive Officer of Rubbermaid Incorporated shall appoint a
         Committee, which effective August 22, 1995 is the Rubbermaid
         Incorporated Benefit Plans Committee as established by the Board, under
         the Plan whose powers, duties and responsibilities shall be those set
         forth in this Plan and those as delegated to the Committee by the
         Board. The Committee shall provide rules, regulations, and
         interpretations of the Plan provisions as the Committee deems necessary
         for the administration of the Plan.

7.3 - Indemnification
---------------------

         Rubbermaid Incorporated shall indemnify the Members of the Committee
         and any person in the employ of the Company engaged in the
         administration of this Plan against any claims, loss, damage, expense
         and liability, whether or not compensated for by insurances or
         otherwise (other than amounts paid in settlement not approved by
         Rubbermaid Incorporated), reasonably incurred by such person in
         connection with any action or failure to act to which such person may
         be a party by reason of performance of an authorized duty or
         responsibility for or on behalf of the Company pursuant to the Plan
         unless the same is judicially determined to be the result of the
         individual's gross negligence or willful misconduct. Such
         indemnification shall be made only to the extent (i) such expense or
         liability is not payable to or on behalf of such person under any
         liability insurance coverage, and (ii) the Plan is precluded from
         assuming such expense or liability because of the operations of
         applicable law. The foregoing right to indemnification shall be in
         addition to any other rights to which any such person may be entitled
         as a matter of law.




<PAGE>   17


                                    ARTICLE 8
                                    ---------

                                   TERMINATION
                                   -----------

         Rubbermaid Incorporated has established this Plan with the expectation
         that the Plan will be continued indefinitely. However, Rubbermaid
         Incorporated by action of its Board may terminate the Plan at any time.
         In the event of the dissolution, merger, consolidation or
         reorganization of Rubbermaid Incorporated, the Plan shall terminate and
         benefits hereunder shall become immediately payable to the
         Participants, unless the Plan is Adopted by the successor to Rubbermaid
         Incorporated or the Board specifies otherwise by their written
         resolution. Upon termination of the Plan with respect to a group of
         Participants which is deemed to be a partial termination of the Plan,
         the benefits payable to such affected Participants shall become
         immediately payable unless otherwise provided for by the Committee.
         Upon the complete or partial termination of the Plan, the right of all
         Participants to their account balance shall become fully vested and
         nonforfeitable.


                                    ARTICLE 9
                                    ---------

                           NON-ALIENATION OF BENEFITS
                           --------------------------

         Except as specifically provided under a qualified domestic relations
         order (as defined under Section 414(p) of the Code), no Participant's
         interest hereunder and no amount payable to or held for the benefit of
         any Participant or the Beneficiary of any Participant shall be
         alienated, disposed of or in any manner encumbered, voluntarily or
         involuntarily or by operation of law by a Participant or Beneficiary.
         If by reason of any act of any Participant, Beneficiary or by operation
         of law or the happening of any event, the amount, or any part of the
         amount, payable to or held for the benefit of such Participant or
         Beneficiary, under this Plan would, except for this provision, vest in
         or be enjoyed by some person, firm, association or corporation
         otherwise than as provided in this Plan, then and in any of such event
         the Participant's or Beneficiary's interest in any such amount so
         payable to the Participant or held for the Participant's benefit shall
         cease. Thereafter such amount or interest may be held by the Plan
         Administrator to or for the benefit of such Participant, the
         Participant's spouse, children or other dependents, or any of them, in
         such manner and in such proportions pursuant to the terms of the Plan
         as the Plan Administrator in its sole and absolute discretion
         interprets such terms. The foregoing shall apply to any attempt by a
         Participant or Beneficiary to alienate, charge, or encumber any amount
         held for the benefit of or payable to a Participant or Beneficiary by
         reason of any attachment, garnishment, judicial or legal proceeding,
         order, judgement of court of law or in equity. Rubbermaid Incorporated,
         or the Plan Administrator may bring an action in a court of competent
         jurisdiction for a determination of the proper recipient of benefits
         under the Plan.




<PAGE>   18


                                   ARTICLE 10
                                   ----------

                                   AMENDMENTS
                                   ----------

         Except as hereinafter provided, Rubbermaid Incorporated (acting through
         its Board) or effective October 27, 1997, the Committee (but only with
         respect to administrative matters as determined by the Committee in its
         sole discretion) has the right to amend this Plan in whole or in part.
         No modification or amendment may result in the retroactive reduction of
         a Participant's Accruals prior to such amendment or modification. Such
         amendment shall be evidenced by a written instrument executed by an
         Officer or Committee member pursuant to a resolution by the Board of
         Directors or the Committee. Any amendment shall be binding upon all
         Adopting Employers unless otherwise provided in such amendment.


                                   ARTICLE 11
                                   ----------

                             MERGER OR CONSOLIDATION
                             -----------------------

         This Plan shall not be merged or consolidated with, nor shall any
         assets or liabilities be transferred to any other plan, unless the
         benefits payable to each Participant if the Plan was terminated
         immediately after such action would be equal to or greater than the
         benefits to which such Participant would have been entitled if this
         Plan had been terminated immediately before such action.


                                   ARTICLE 12
                                   ----------

                                CLAIMS PROCEDURE
                                ----------------

         Any person who may be entitled to a benefit under the Plan shall have
         the right to file with the Plan Administrator a written notice of claim
         for such benefit. Within a reasonable time after its receipt of such
         written notice of claim, the Plan Administrator shall either grant or
         deny such claim provided, however, that any delay on the part of the
         Plan Administrator in arriving at a decision shall not adversely affect
         benefits payable under a granted claim. Each claimant shall have the
         right to appeal the denial of his claim to the Committee for a full and
         fair review at any time within seventy-five (75) days after claimant
         received written notice of such denial. The Committee shall thereby
         afford the claimant or his duly authorized representative the
         opportunity (1) to review documents pertinent to the claim, (2) to
         submit issues and comments in writing and (3) to discuss such documents
         and issues. The final decision of the Committee shall be made promptly
         after its receipt from the claimant of a request for review unless
         circumstances beyond the control of the Committee require an extension
         of time for processing. Such decision shall be made in writing and
         shall include specific reasons for the decision, and specific
         references to pertinent Plan provisions on which the decision is based.




<PAGE>   19


                                   ARTICLE 13
                                   ----------

                            MISCELLANEOUS PROVISIONS
                            ------------------------

13.1 - Validity of Plan
-----------------------

         The laws of the State of Ohio shall be the controlling State law with
         respect to all matters relating to this Plan.

13.2 - No Commitment as to Employment
-------------------------------------

         Nothing contained in this Plan shall be construed as a contract of
         employment between the Company and any Associate, or as a right of any
         Associate to be continued in the employment of the Company, or as a
         limitation of the right of the Company to discharge any Associate with
         or without cause.


         IN WITNESS WHEREOF, Rubbermaid Incorporated has caused this Rubbermaid
Incorporated Supplemental Retirement Plan to be executed as of this 23rd day of
December, 1997.



                                  By: /s/ David L. Robertson
                                     -------------------------------------------
                                     David L. Robertson, Senior Vice-President



                                  By: /s/ James A. Morgan
                                     -------------------------------------------
                                     James A. Morgan, Secretary














<PAGE>   20




                                    EXHIBIT A
                                    ---------


              ADOPTING EMPLOYER AND                                   
              ---------------------                                   DATE OF
              LOCATION                                                ADOPTION
              --------                                                --------

1.            Rubbermaid Commerical                                   1/1/91
              Products Inc.
              Winchester, Virginia
2.            Rubbermaid Incorporated                                 1/1/91
              Wooster, Ohio
3.            Rubbermaid Texas Limited                                1/1/95
              Greenville, Texas
              (formerly Rubbermaid Incorporated,
              Greenville, Texas)
              Cleburne, Texas
              (formerly Rubbermaid
              Incorporated,
              Cleburne, Texas)
4.            Rubbermaid Sales Corporation                            1/1/95
              Wooster, Ohio
              Winchester, Virginia
              Hudson, Ohio
              Corning, New York
              Jeffersonville, Ohio
              Woodbridge, Virginia
5.            Rubbermaid Commerical                                   1/1/91
              Products Inc. (formerly
              Rubbermaid Commercial -
              Cleveland Inc.)
              Cleveland, Tennessee
6.            Rubbermaid Health Care                                  1/1/91
              Products (formerly
              Rubbermaid-Statesville,
              Inc. and Carex Inc.)
              Statesville, North Carolina
7.            Rubbermaid-Cortland, Inc.                               1/1/91
              Cortland, New York
8.            Rubbermaid Specialty                                    1/1/91
              Products Inc.
              Centerville, Iowa
              (formerly Rubbermaid
              Centerville Inc.)


<PAGE>   21



9.            Rubbermaid Office                                       1/1/91
              Products, Inc.
              Maryville, Tennessee
              Carson, California
10.           Rubbermaid Incorporated                                 1/1/91
              Goodyear, Arizona
11.           The Little Tikes Company                                1/1/91
              Hudson, Ohio
              Sebring, Ohio
              City of Industry, California
12.           The Little Tikes Company                                1/1/91
              (Missouri)
              Aurora, Missouri
13.           The Little Tikes Company                                1/1/94
              (Pennsylvania)
              Shippensburg, Pennsylvania
14.           The Little Tikes Company                                1/1/95
              (South Carolina)
              Columbia, South Carolina
15.           Rubbermaid Cleaning                                     1/1/96
              Products Inc.
              (formerly Empire Brushes,
              Inc.)
              Greenville, North Carolina
16.           Graco Childrens Products Inc.                           1/1/97
              Elverson, Pennsylvania