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                                                                    EXHIBIT 10.1

                               AMENDMENT TO THE
                             ALLTRISTA CORPORATION
                     1998 LONG-TERM EQUITY INCENTIVE PLAN

     This Amendment is made to the Alltrista Corporation 1998 Long-Term Equity
Incentive Plan, which was effective as of January 1, 1998 (the "1998_Long-Term
Equity Incentive Plan "). This Amendment shall be effective as of June 21, 2001.
Capitalized terms used but not defined herein shall have the meanings ascribed
to them in the 1998 Long-Term Equity Incentive Plan.

     The 1998 Long-Term Equity Incentive Plan is hereby amended as follows:

     1.   Section 2.01(d)(ii) of the 1998 Long-Term Equity Incentive Plan is
     amended by replacing in its entirety the parenthetical that begins in the
     second line of Section 2.01(d)(ii) with the following new parenthetical:

     "(other than a director whose initial assumption of office in connection
     with an actual or threatened election contest, including but not limited to
     a consent solicitation, relating to the election of directors of the
     Company, including but not limited to Messrs. Martin E. Franklin and Ian
     G.H. Ashken)"

     2.   Except as herein modified, the 1998 Long-Term Equity Incentive Plan
     shall remain in full force and effect.<PAGE>

                                                                    EXHIBIT 10.2

                               AMENDMENT TO THE
                             ALLTRISTA CORPORATION
                        1993 DEFERRED COMPENSATION PLAN

          This Amendment is made to the Alltrista Corporation 1993 Deferred
Compensation Plan, which was amended and restated in its entirety as of November
21, 1996 and further amended as of February 1, 2001 (the "1993 Deferred
Compensation Plan "). This Amendment shall be effective as of June 21, 2001.
Capitalized terms used but not defined herein shall have the meanings ascribed
to them in the 1993 DCP.

     The 1993 Deferred Compensation Plan is hereby amended as follows:

     1.   Subsection (b) of the definition of "Change in Control" set forth in
     Section 7.7 of the 1993 Deferred Compensation Plan is amended by replacing
     in its entirety the parenthetical that begins in the third line of such
     Subsection (b) with the following new parenthetical:

     "(other than a director whose initial assumption of office in connection
     with an actual or threatened election contest, including but not limited to
     a consent solicitation, relating to the election of directors of the
     Company, including but not limited to Messrs. Martin E. Franklin and Ian
     G.H. Ashken)"

     2.   Except as herein modified, the 1993 Deferred Compensation Plan shall
     remain in full force and effect.<PAGE>

                                                                    EXHIBIT 10.3

                               AMENDMENT TO THE
                             ALLTRISTA CORPORATION
                        1993 DEFERRED COMPENSATION PLAN
                          FOR SELECTED KEY EMPLOYEES

     This Amendment is made to the Alltrista Corporation 1993 Deferred
Compensation Plan for Selected Key Employees, which was effective as of January
1, 1993 (the "1993 Deferred Compensation Plan for Key Employees"). This
Amendment shall be effective as of June 21, 2001.  Capitalized terms used but
not defined herein shall have the meanings ascribed to them in the 1993 DCP for
Key Employees.

     The 1993 Deferred Compensation Plan for Key Employees is hereby amended as
follows:

     1.   Subsection (b) of the definition of "Change in Control" set forth in
     Section 7.7 of the 1993 Deferred Compensation Plan for Key Employees is
     amended by replacing in its entirety the parenthetical that begins in the
     third line of such Subsection (b) with the following new parenthetical:

     "(other than a director whose initial assumption of office in connection
     with an actual or threatened election contest, including but not limited to
     a consent solicitation, relating to the election of directors of the
     Company, including but not limited to Messrs. Martin E. Franklin and Ian
     G.H. Ashken)"

     2.   Except as herein modified, the 1993 Deferred Compensation Plan for Key
     Employees shall remain in full force and effect.<PAGE>

                                                                    EXHIBIT 10.4

                               AMENDMENT TO THE
                             ALLTRISTA CORPORATION
                        1997 DEFERRED COMPENSATION PLAN
                                 FOR DIRECTORS

     This Amendment is made to the Alltrista Corporation 1997 Deferred
Compensation Plan for Directors, which was effective as of January 1, 1997 (the
"1997 Deferred Compensation Plan for Directors"). This Amendment shall be
effective as of June 21, 2001.  Capitalized terms used but not defined herein
shall have the meanings ascribed to them in the 1997 DCP.

     The 1997 Deferred Compensation Plan for Directors is hereby amended as
follows:

     1.   Subsection (b) of the definition of "Change in Control" set forth in
     Section 7.6 of the 1997 Deferred Compensation Plan for Directors is amended
     by replacing in its entirety the parenthetical that begins in the third
     line of such Subsection (b) with the following new parenthetical:

     "(other than a director whose initial assumption of office in connection
     with an actual or threatened election contest, including but not limited to
     a consent solicitation, relating to the election of directors of the
     Company, including but not limited to Messrs. Martin E. Franklin and Ian
     G.H. Ashken)"

     2.   Except as herein modified, the 1997 Deferred Compensation Plan for
     Directors shall remain in full force and effect.<PAGE>

                                                                    EXHIBIT 10.5

                               AMENDMENT TO THE
                             ALLTRISTA CORPORATION
                      EXCESS SAVINGS AND RETIREMENT PLAN

     This Amendment is made to the Alltrista Corporation Excess Savings and
Retirement Plan, which was effective as of May 1, 1997 (the " Excess Savings and
Retirement Plan "). This Amendment shall be effective as of June 21, 2001.
Capitalized terms used but not defined herein shall have the meanings ascribed
to them in the ESRP.

     The Excess Savings and Retirement Plan is hereby amended as follows:

     1.   Subsection (b) of the definition of "Change in Control" set forth in
     Section 7.7 of the Excess Savings and Retirement Plan is amended by
     replacing in its entirety the parenthetical that begins in the third line
     of such Subsection (b) with the following new parenthetical:

     "(other than a director whose initial assumption of office in connection
     with an actual or threatened election contest, including but not limited to
     a consent solicitation, relating to the election of directors of the
     Company, including but not limited to Messrs. Martin E. Franklin and Ian
     G.H. Ashken)"

     2.   Except as herein modified, the Excess Savings and Retirement Plan
     shall remain in full force and effect.<PAGE>

Exhibit 10.6

                                   AGREEMENT
                            TO FOREGO COMPENSATION

An Agreement is made between Jerry T. McDowell (the "Executive") and Alltrista
Corporation (the "Company").

WHEREAS, the Executive has been and continues to be a valued key executive of
the Company;

WHEREAS, the Company desires to make a loan to the Executive; and

WHEREAS, the Executive agrees to forego all of the balances payable to the
Executive under the 1993 Deferred Compensation Plan for Selected Key Employees,
the 1993 Deferred Compensation Plan and the Excess Savings and Retirement Plan
(the "Plans").

NOW, THEREFORE, in consideration for the aforementioned promises, and for other
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties agree as follows, intending to be legally bound.

1.   The Company agrees to enter into a loan agreement (the "Loan Agreement") to
     provide a loan to the Executive. The terms of the loan shall be documented
     by a Promissory Note (the "Note") to be executed by the Company and the
     Executive.

2.   In consideration for the Company's promise to enter into the Loan
     Agreement, the Executive's account balances in the Plans shall be reduced
     to zero effective May 25, 2001. The Executive's balances in the Plans shall
     be foregone by the Executive, and the Executive hereby irrevocably waives
     his right to payment of such amount.

3.   The Executive agrees that: the Company has not advised him as to any
     financial or tax risks associated with this Agreement or the Loan Agreement
     and Note to be entered into pursuant to this Agreement; that the Executive
     has relied solely on his personal advisors in deciding to enter into this
     Agreement and the related transactions; and, that the Executive (and his
     successors, heirs and assigns) assume responsibility for any tax or
     financial risks incurred by the Executive (or his successors, heirs and
     assigns) resulting from the transaction.

IN WITNESS WHEREOF, the parties hereby execute this Agreement, intending to be
legally bound,

                                           Alltrista Corporation

 /s/ Jerry T. McDowell                     By: /s/ Thomas B. Clark
------------------------------------      --------------------------------------
  Jerry T. McDowell

  May 29, 2001                             May 29, 2001
------------------------------------      --------------------------------------
  Date                                     Date<PAGE>

Exhibit 10.7
                                   AGREEMENT
                            TO FOREGO COMPENSATION

An Agreement is made between Thomas B. Clark (the "Executive") and Alltrista
Corporation (the "Company").

WHEREAS, the Executive has been and continues to be a valued key executive of
the Company;

WHEREAS, the Company desires to make a loan to the Executive; and

WHEREAS, the Executive agrees to forego all of the balance payable to the
Executive under the 1993 Deferred Compensation Plan for Selected Key Employees
(the "Plan").

NOW, THEREFORE, in consideration for the aforementioned promises, and for other
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties agree as follows, intending to be legally bound.

1.   The Company agrees to enter into a loan agreement (the "Loan Agreement") to
     provide a loan to the Executive. The terms of the loan shall be documented
     by a Promissory Note (the "Note") to be executed by the Company and the
     Executive.

2.   In consideration for the Company's promise to enter into the Loan
     Agreement, the Executive's account balances in the Plan shall be reduced to
     zero effective May 31, 2001. The Executive's balances in the Plan shall be
     foregone by the Executive, and the Executive hereby irrevocably waives his
     right to payment of such amount.

3.   The Executive agrees that: the Company has not advised him as to any
     financial or tax risks associated with this Agreement or the Loan Agreement
     and Note to be entered into pursuant to this Agreement; that the Executive
     has relied solely on his personal advisors in deciding to enter into this
     Agreement and the related transactions; and, that the Executive (and his
     successors, heirs and assigns) assume responsibility for any tax or
     financial risks incurred by the Executive (or his successors, heirs and
     assigns) resulting from the transaction.

IN WITNESS WHEREOF, the parties hereby execute this Agreement, intending to be
legally bound,

                                          Alltrista Corporation

/s/ Thomas B. Clark                       By: /s/ Kevin D. Bower
------------------------------------      ------------------------------------
Thomas B. Clark

May 29, 2001                              May 29, 2001
------------------------------------      ------------------------------------
Date                                      Date

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