Exhibit 10(E)

NONCOMPETITION AND NONSOLICITATION AGREEMENT

NONCOMPETITION AND NONSOLICITATION AGREEMENT(this "Agreement") dated as of March 25, 2002, by and between Liqui-Box
Corporation (the "Company") and Samuel N. Davis ("Davis").

WHEREAS, Davis is an executive and shareholder of the Company with significant policy making and operational responsibilities in the
conduct of the Company's business;

WHEREAS, the parties hereto desire to ensure that upon the termination of Davis' employment with the Company (the "Termination"), Davis
will not compete with the Company, disclose certain information about the Company or solicit employees or customers of the Company.

NOW, THEREFORE, the parties to this Agreement, intending to be legally bound, agree as follows:

1.Non-Competition.



2.Solicitation.Davis agrees that for a period ending five (5) years following the Termination, he will
not, either directly or indirectly:



3.Confidential Information.Davis acknowledges that, prior to the Termination, he has had access to
confidential information of the Company and its affiliates, including, without limitation, information and knowledge pertaining to research activities, products and services offered, inventions,
innovations, designs, ideas, plans, trade secrets, proprietary information, advertising, sales methods and systems, sales and profit figures, customer lists and relationships between the Company and
its customers, suppliers and others who have had or will have business dealings with the Company ("Confidential Information"). Davis acknowledges that such Confidential Information is a valuable and
unique asset of the Company and covenants that he will not, after the Termination, disclose any such Confidential Information to, or use any such Confidential Information for the benefit of, any
person or entity other than the Company and/or its affiliates for any reason whatsoever without the prior written authorization of the Company's Board of Directors, except as may be required by law.
In the event that Davis is subject to a subpoena or other order of any governmental entity which might seek disclosure of Confidential Information, Davis shall furnish a copy of such subpoena or order
to the Chief

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Executive Officer of the Company as soon as practicable but in no event later than forty-eight (48) hours after his receipt of such subpoena or order. Confidential Information shall not
include: (i) information known to Davis before he became employed by the Company; (ii) information in the public domain or known generally in the industry through no fault of Davis; and
(iii) information that is
not treated by the Company as confidential or is disclosed by the Company to third parties without a duty of confidentiality imposed on such third parties.

4.Consideration.In consideration for Davis entering into the restrictive covenants set forth in Sections 1, 2
and 3 of this Agreement, the Company agrees to pay Davis U.S. $2,000,000, in cash, in a single lump sum, upon the Termination by wire transfer of immediately available funds to an account designated
in writing by Davis.

5.Equitable Relief.



6.Power and Authority.Each of the parties hereto represents that it has the due corporate or individual power
and authority to enter into this Agreement.

7.Miscellaneous.



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IN WITNESS WHEREOF, the undersigned, intending to be legally bound, have executed this Agreement as of the date(s) written below.

|Attest                               |  | LIQUI-BOX CORPORATION                       
|------------------------------------ |  | --------------------------------------------
|_________________________, Secretary |  | By: /s/ Stewart M. Graves                   
|                                     |  |                                             
|                                     |  | Name: Stewart M. Graves                     
|                                     |  | Title: Chief Operating Officer and President
|Date:                                |  | Date: 3/25/02                               
|                                     |  |                                             
|                                     |  |                                             
|Witness:                             |  |                                             
|                                     |  |                                             
|/s/ Shelia S. Davis                  |  | /s/ Samuel N. Davis                         
|                                     |  |                                             
|                                     |  | Samuel N. Davis                             
|Date: 3/25/02                        |  | Date: 3/25/02                               
|                                     |  |                                             

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