Document:

Exhibit 10-3

EXHIBIT 10-3

AMENDMENT TO THE MEAD CORPORATION SECTION 415 EXCESS BENEFIT PLAN

          WHEREAS, The Mead Corporation ("Mead") heretofore established The Mead
Corporation Section 415 Excess Benefit Plan (the "Plan") and subsequently amended the Plan, and

          WHEREAS, Mead desires to further amend the Plan pursuant to the power
reserved to Mead's Compensation Committee by Section 6 of the Plan;

          NOW THEREFORE, the Plan is hereby amended, effective as of January 29,

2002, as follows:

       1.   New Subsection 1.7 is added to read as follows:

              1.7  Severance Plan Participant. The term "Severance Plan Participant"
     means an individual who is eligible to participate in The Mead Change in
Control Severance Plan.

       2.   Subsection 3.2 is revised to read as follows:

              3.2  Unlimited Accrued Benefit.  A Participant's "Unlimited Accrued
     Benefit" as at any date is an amount equal to the amount of his "Accrued     Benefit" plus, in the case of a Severance Plan Participant,  the amount of     his "Supplemental Benefit" (each as determined in accordance with the     provisions of The Mead Retirement Plan as of that date), but computed
without regard to:

                     (a)  the limitations of section 415 of the Code; or 

                   (b)  the amount of any otherwise applicable reduction in the          amount of his Accrued Benefit on account of
any       amount paid or payable:

                          (i)  to or on account of the Participant under any other               "qualified" defined benefit pension plan maintained by an               Employer; or 

                          (ii) to an "alternate payee" (as defined in section 414(p)               of the Code).

       3.   Subsection 3.3 is revised to read as follows:

              3.3  Qualified Accrued Benefit.  A Participant's "Qualified Accrued     Benefit" as at any date is an amount equal to the amount of his Accrued     Benefit plus, in the case     of a Severance Plan Participant, the amount of his Supplemental Benefit     (each as determined in accordance with the provisions of The Mead     Retirement Plan as of that date), but computed without regard to the     amounts described in paragraphs 3.2(b)(i) and (ii) above, and limited in     amount as required by the requirements of section 415 of the Code, as set     forth in The Mead Retirement Plan.

       4.   Subsection 4.1 is revised to read as follows:

              4.1  Distribution to a Participant.  Payments of a Participant's     Section 415 Excess Benefit will be made in accordance with the following     rules:

                     (a)  Subject to the following provisions of the Plan, the          "Present Value" (as defined and determined under the provisions of The          Mead Retirement Plan) of the amount of a Participant's Section 415          Excess Benefit shall be distributed to him, in a single lump sum, as          soon as administratively feasible (but not more than 6 months) after:

                           
(i)  the date as of which payment of his Pension is made or               commenced under The Mead Retirement Plan in the case of a Section               415 Excess Benefit attributable to his period of participation               ending prior to his Required Beginning Date; or 

                          (ii) the end of the Plan Year in which a right to an               additional benefit arises in the case of a Section 415 Excess               Benefit attributable to any period of participation beginning on               his Required Beginning Date.  

                   (b)  Notwithstanding the foregoing, if payment of a Participant's          Supplemental Benefit is made before his Pension commences under the          Plan, payment of that portion of his Section 415 Excess Benefit that          is equal to the excess of that portion of his Unlimited Accrued          Benefit that is attributable to his Supplemental Benefit over the          portion of his Qualified Accrued Benefit that is attributable to his          Supplemental Benefit shall be distributed to him, in a single lump
sum, as soon as administratively feasible (but not more than 6 months)          after the date as of which payment of his Supplemental Benefit is made          under The Mead Retirement Plan.

                  (c)  Notwithstanding any other provision of the Plan, for          purposes of this Section, if a Participant's Section 415 Excess          Benefit described in paragraph (a) above is subject to distribution at          any date prior to the Participant's Normal Retirement Date (other than          pursuant to paragraph (b) above), then the amount of that benefit, as          otherwise determined in accordance with the provisions of subsection          3.1 and attributable to his Accrued Benefit, but not his Supplemental          Benefit, under the Mead Retirement Plan, shall be reduced to reflect          early commencement by application of any reduction factors that are          applicable in determining the amount of the Pension payable to him          under The Mead Retirement Plan as of that date.

       5.   Subsection 4.2 is revised to read as follows:

              4.2   Distribution to a Surviving Spouse.  The surviving "Spouse" (as     defined in The Mead Retirement Plan) of a deceased Participant who is     entitled to receive a Pre-Retirement Survivor Pension (as defined in The     Mead Retirement Plan) shall be entitled to receive a Surviving Spouse     Benefit from this Plan in an amount, if any, equal to the Present Value of     the monthly Pre-Retirement Survivor Pension that she would have received     under the provisions of The Mead Retirement Plan had the Participant's     Accrued Benefit under The Mead Retirement Plan been an amount equal to the     amount of his Section 415 Excess Benefit that is attributable to his     Accrued Benefit but that is not attributable to his Supplemental Benefit. 
In addition, the surviving Spouse (or other Beneficiary named by the     Participant to receive his Supplemental Benefit in accordance with the     terms of The Mead Retirement Plan) will be entitled to a payment under this     Plan in the same time and manner as the Spouse or other Beneficiary     receives a payment under Section II-6.7(g) of The Mead Retirement Plan and     in an amount equal to the portion of the Participant's Section 415 Excess     Benefit, if any, that is attributable to his Supplemental Benefit.

          EXECUTED at Dayton, Ohio this 22nd day of February, 2002.

                                                                        THE MEAD CORPORATION

                                     

 

                                                                        By:
 /s/ JEROME F. TATAR

                                                                                Its President

ATTEST:

 

 

/s/ PATRICIA C. NORRIS

Assistant SecretaryExhibit 10-4

EXHIBIT 10-4

Amendment to Change-in-Control Severance Agreement

       This Amendment is made as of January 4, 2002, by and among Raymond W. Lane,
The Mead Corporation, an Ohio corporation (the "Corporation") and MW Holding Corporation, a Delaware corporation ("MW"), to a Letter Agreement dated as of
January 1, 2000, and first amended as of June 22, 2000, by and between Raymond W. Lane and the Corporation (as so amended, the "Change-in-Control Severance
Agreement").

       WHEREAS the Corporation has entered into an Amended and Restated Agreement
and Plan of Merger dated as of October 5, 2001, with MW, Michael Merger Sub Corporation, Westvaco Corporation, and William Merger Sub Corporation (the
"Merger Agreement"); and

       WHEREAS, MW, the Corporation and Westvaco Corporation have agreed that MW
should employ Mr. Lane as an Executive Vice President upon and after the Effective Time (as defined in the Merger Agreement); and

       WHEREAS, MW, the Corporation and Mr. Lane have determined to enter into
this Amendment which sets forth certain circumstances of such employment, and, in connection therewith, effective as of the Effective Time, makes certain
changes in Mr. Lane's Change-in-Control Severance Agreement;

       NOW, THEREFORE, in consideration of the premises and the mutual covenants
herein contained, the parties hereto agree as follows:

1.   Upon and after the Effective Time Mr. Lane will be employed by MW as     Executive Vice President with responsibility for packaging.  Mr. Lane will     not be required to move to Stamford, Connecticut, to provide his services,     but will commute as necessary to provide those services.  This Amendment     and the Change-in-Control Severance Agreement which it amends do not     constitute a contract of employment and do not modify the at-will nature of     Mr. Lane's employment relationship.

2.   Section 3 of the Change-in-Control Severance Agreement is hereby amended,     effective as of the Effective Time, by the addition of the following     sentence after the first sentence thereof:

            In addition to the occurrences described in Section 3(c) as          constituting Good Reason, if you terminate your employment for any          reason during the eighteen months immediately following the Effective          Time (as defined in the Merger Agreement), such termination shall be          treated as a termination for Good Reason for all purposes of this
Agreement.

                                                            THE MEAD CORPORATION

                            

                                                            By: /s/ JEROME F. TATAR

                                                                  Name:  Jerome F. Tatar

                                                                  Title: Chairman of the Board,

                                                                                Chief Executive Officer and President

                                                            MW HOLDING CORPORATION

                               

                                                            By:
 /s/ JEROME F. TATAR

                                  

                                                                  Name:  Jerome F. Tatar

                                                                  Title: President

                                  

 

 

                                                                                          /s/ RAYMOND W. LANE

                                                            Raymond W. Lane

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