Document:

Exhibit 10.4

                          SILGAN CONTAINERS CORPORATION
                     SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

     THIS  INDENTURE  is  made on the  21st  day of  January,  2008,  by  Silgan
Containers Corporation, a corporation duly organized and existing under the laws
of the State of Delaware (hereinafter called the "Primary Sponsor").

                                  INTRODUCTION
                                  ------------

     The  Primary   Sponsor   maintains   the  Silgan   Containers   Corporation
Supplemental  Executive  Retirement  Plan (the  "Plan"),  which is  intended  to
benefit only a select group of management or highly compensated employees within
the  meaning of Sections  201(2),  301(a)(3)  and  401(a)(1)  of ERISA,  and any
regulations relating thereto.

     The Primary  Sponsor has determined  that employees  hired or rehired on or
after January 1, 2007 shall not be eligible for the supplemental pension portion
of the Plan,  consistent  with the exclusion of those employees from the Pension
Plan (as defined in the Plan).  The Primary Sponsor has determined that the Plan
previously  adopted by the Primary  Sponsor needs to be amended in certain other
respects,  including to conform to the requirements of Code Section 409A and the
applicable guidance thereunder. Therefore, the Primary Sponsor declares that the
Plan is amended and restated in its entirety  effective  January 1, 2007, except
as otherwise provided herein, to read as follows:

<PAGE>

                          SILGAN CONTAINERS CORPORATION
                     SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

ARTICLE 1   DEFINITIONS........................................................1

ARTICLE 2   ELIGIBILITY AND DEFERRAL ELECTIONS.................................6

ARTICLE 3   CONTRIBUTIONS......................................................7

ARTICLE 4   INDIVIDUAL FUNDS AND INVESTMENTS...................................8

ARTICLE 5   WITHDRAWALS DURING EMPLOYMENT......................................9

ARTICLE 6   GENERAL RULES ON DISTRIBUTIONS.....................................9

ARTICLE 7   ADMINISTRATION OF THE PLAN........................................12

ARTICLE 8   CLAIMS REVIEW PROCEDURE...........................................13

ARTICLE 9   INCOMPETENT DISTRIBUTEE AND UNCLAIMED PAYMENTS....................15

ARTICLE 10  LIMITATION OF RIGHTS..............................................16

ARTICLE 11  AMENDMENT TO OR TERMINATION OF THE PLAN AND THE TRUST.............16

<PAGE>

                                    ARTICLE 1
                                   DEFINITIONS
                                   -----------

     Wherever used herein,  the masculine pronoun shall be deemed to include the
feminine,  and the  singular to include the plural,  unless the context  clearly
indicates otherwise and the following words and phrases shall, when used herein,
have the meanings set forth below:

     1.1  "Account"  means a  Participant's  aggregate  balance in the following
           -------
accounts, as adjusted pursuant to the Plan as of any given date:

          (a)  "Deferral   Contribution   Account"   which   shall   reflect  a
               ---------------------------------
     Participant's  interest  in  contributions  made  by a Plan  Sponsor  under
     Section 3.1.

          (b) "Matching Account" which shall reflect a Participant's interest in
               ----------------
     matching  contributions  made by a Plan Sponsor  under Section 3.2.

          (c)  "DISP  Make-up  Account"  which  shall  reflect  a  Participant's
               ----------------------
     interest in  contributions  made by a Plan  Sponsor under Section 3.3.

          (d) "Supplemental Pension Account" which shall reflect a Participant's
               ----------------------------
     interest in contributions made by a Plan Sponsor under Section 3.4.

     1.2 "Affiliate" means:
          ---------

          (a) any corporation  which is a member of the same controlled group of
     corporations  (within  the  meaning  of Code  Section  414(b)) as is a Plan
     Sponsor; and

          (b) any other trade or business  (whether or not  incorporated)  under
     common  control  (within the meaning of Code  Section  414(c))  with a Plan
     Sponsor.

     1.3 "Annual Compensation" means "Compensation" as defined from time to time
          -------------------
     in the Pension Plan, except that

          (a) Annual  Compensation shall be determined without  consideration of
     the Annual  Compensation  Limit and before any Deferral  Contributions made
     under this Plan; and

          (b) Annual Compensation shall include amounts paid by an Affiliate.

     1.4 "Annual  Compensation  Limit" means $225,000 ($230,000 for 2008), which
          ---------------------------
amount may be adjusted in subsequent  Plan Years based on changes in the cost of
living as announced by the Secretary of the Treasury.

     1.5 "Beneficiary"  means the person or trust that a Participant  designated
          -----------
most recently in writing to the Plan Administrator;  provided,  however, that if
the Participant has failed to make a designation,  no person designated is alive
at the date of the  Participant's  death, no trust

                                       1
<PAGE>

has been  established,  or no successor  Beneficiary  has been designated who is
alive, the term "Beneficiary" means:

          (a) the Participant's spouse; or

          (b) if no spouse is alive at the date of the Participant's  death, the
     Participant's children, per stirpes; or

          (c) if no  children or none of the  children's  issue are alive at the
     date of the Participant's death, the Participant's estate.

A Participant  may change his  designation  at any time.  If,  subsequent to the
death of a Participant,  the  Participant's  Beneficiary  dies while entitled to
receive  benefits  under the Plan,  the  successor  Beneficiary,  if any, or the
Beneficiary  listed under  Subsection (a) or, if no spouse is alive,  Subsection
(b) or, if no children (or children's issue) are alive,  Subsection (c) shall be
the Beneficiary.

     1.6  "Board  of  Directors"  means the Board of  Directors  of the  Primary
Sponsor.   --------------------

     1.7  "Change in Control" means,  solely with regard to Silgan Holdings,
          -----------------
Inc., one of the following:

          (a) a "change in ownership of a corporation"  as defined,  and subject
     to the  limitations,  in Code Section 409A and the  regulations and related
     guidance thereunder;

          (b) a "change in effective  control of a corporation" as defined,  and
     subject to the  limitations,  in Code Section 409A and the  regulations and
     related guidance thereunder; or

          (c) a "change in ownership of a substantial portion of a corporation's
     assets" as defined,  and subject to the  limitations,  in Code Section 409A
     and the  regulations  and related  guidance  thereunder,  but  substituting
     "eighty-five  percent  (85%)"  for the  phrase  "40  percent"  in  Treasury
     Regulation Section 1.409A-3(i)(5)(vii)(A), or any successor thereto.

Notwithstanding  the  foregoing,  no Change in  Control  shall be deemed to have
occurred with respect to a particular Eligible Employee by reason of any actions
or events in which the Eligible  Employee  participates in a capacity other than
in the  Eligible  Employee's  capacity as an employee or director of the Primary
Sponsor  or an  Affiliate  or as a  shareholder  of the  Primary  Sponsor  or an
Affiliate solely exercising the Eligible  Employee's voting or tendering rights.

     1.8  "Code" means the Internal Revenue Code of 1986, as amended.
           ----

     1.9  "Deferral  Contribution"  means a  contribution  of a Plan  Sponsor on
           ----------------------
behalf of a Participant  pursuant to Section 3.1 equal to a percentage or dollar
amount of an Eligible Employee's Eligible Compensation that is not yet payable.

                                       2

<PAGE>

     1.10  "Deferral  Election"  means an  Eligible  Employee's  election  under
           ------------------
Section  2.2  that  is  made  during  an  Election  Period  to  have a  Deferral
Contribution made to his Account.

     1.11 "DISP Compensation"  means "Annual  Compensation" as defined from time
           -----------------
to time in the Savings Plan, except that

          (a) DISP Compensation shall be determined without consideration of the
     Annual Compensation Limit; and

          (b) solely for purposes of calculating DISP Make-up  Contributions for
     Plan Years ending before January 1, 2006, DISP  Compensation  shall include
     any bonus paid under the Primary  Sponsor's  Performance  Incentive Program
     and any bonus paid under the bonus program for senior  executives of Silgan
     Holdings, Inc.

     1.12 "DISP Make-up  Contribution" means a profit sharing  contribution made
           --------------------------
pursuant to Section 3.3.

     1.13 "Election Period" means
           ---------------

          (a)  with  respect  to  contributions  for the  Plan  Year in which an
     Eligible  Employee becomes  initially  eligible to participate in the Plan,
     the thirty  (30)-day period  commencing with the date an Eligible  Employee
     first  becomes  eligible to  participate  in the Plan;  provided  that such
     Eligible Employee has not, for a period of at least twenty-four (24) months
     prior to such initial eligibility, been eligible to participate in the Plan
     or in any other plan of the Employer  Group (other than  accruing  earnings
     under the Plan or such plan) that

               (1) with  respect  to the  Deferral  Contribution  portion of the
          Plan,  is an Account  Balance  Plan that  provides  for  deferrals  of
          compensation at the election of the Eligible Employee; and

               (2) with respect to the Matching  Contribution  portion, the DISP
          Make-up Contribution  portion, and the Supplemental Pension Portion of
          the Plan,  is an Account  Balance Plan that  provides for deferrals of
          compensation other than at the election of the Eligible Employee.

     For this  purpose,  an  "Account  Balance  Plan"  means plan  described  in
     Treasury Regulation Section 1.409A-1(c)(2)(A).

          (b) with respect to  contribution  for any other Plan Year, the period
     ending  before the  beginning of such Plan Year as  prescribed  by the Plan
     Administrator.

     1.14  "Eligible   Compensation"  means  that  portion  of  a  Participant's
            -----------------------
compensation  that  is in  excess  of the  Annual  Compensation  Limit,  that is
otherwise payable to him for a Plan Year, and that consists of:

                                       3

<PAGE>

          (a) his base salary;

          (b) any bonus paid under the Primary Sponsor's  Performance  Incentive
     Program; and

          (c) any bonus paid under the bonus  program for senior  executives  of
     Silgan Holdings, Inc.

     1.15 "Eligible  Employee"  means a common law employee of a Plan Sponsor or
           ------------------
an Affiliate who:

          (a) is an officer of a Plan Sponsor or Silgan Holdings, Inc.;

          (b) is projected, based on his rate of base pay and projected bonus as
     of January 1 of a Plan Year, to have Annual  Compensation  in excess of the
     Annual Compensation Limit (without regard to whether such employee's Annual
     Compensation exceeds such Annual Compensation Limit);

          (c) is determined by the Plan  Administrator in its sole discretion to
     be a member of a select group of management or highly compensated employees
     of that Plan Sponsor within the meaning of Sections  201(2),  301(a)(3) and
     401(a)(1) of ERISA, and any regulations relating thereto; and

          (d) was both employed by the Primary Sponsor and a Participant in this
     Plan on  January  1,  2007 or,  thereafter  is  designated  as an  Eligible
     Employee by the Board of Directors.

     1.16 "Employer Group" means the Primary Sponsor and each Affiliate,  except
           --------------
that in applying  Internal  Revenue  Code Section  1563(a)(1),  (2) and (3), "at
least 50 percent" is used instead of "at least 80 percent."

     1.17 "ERISA" means the Employee  Retirement Income Security Act of 1974, as
           -----
amended.

     1.18 "Normal    Retirement    Age"    means   the    earlier    of:
           ---------------------------

          (a) the  attainment of at least age sixty (60) with the  completion of
     ten (10) or more Periods of Service; or

          (b) the attainment of at least age sixty-five (65) with the completion
     of five (5) or more Periods of Service.

     1.19 "Participant"  means any Eligible Employee or former Eligible Employee
           -----------
who has become a participant in the Plan for so long as his Account  balance has
not been fully distributed pursuant to the Plan.

     1.20 "Pension Plan" means the Silgan  Containers  Corporation  Pension Plan
           ------------
for Salaried Employees.

                                       4

<PAGE>

     1.21  "Period  of  Service"  means  "Period of  Service"  as defined in the
            -------------------
Pension Plan.

     1.22 "Plan  Administrator"  means the organization or person  designated by
           -------------------
the Primary Sponsor to administer the Plan and, in lieu of any such designation,
means the Primary Sponsor.

     1.23 "Plan Sponsor" means the Primary Sponsor.
           ------------

     1.24  "Plan  Sponsor  Contributions"  means  Deferral  Contributions,  DISP
            ----------------------------
Make-up  Contributions,   Matching   Contributions,   and  Supplemental  Pension
Contributions.

     1.25 "Plan Year" means the calendar year.
           ---------

     1.26 "Savings Plan" means the Silgan Containers Retirement Savings Plan.
           ------------

     1.27  "Separation  from Service"  means a termination  of employment of the
            ------------------------
Participant  from  the  Employer  Group.   Notwithstanding  the  foregoing,  the
employment relationship of a Participant with an Employer Group is considered to
remain  intact while the  individual is on military  leave,  sick leave or other
bona  fide  leave  of  absence  if there is a  reasonable  expectation  that the
Participant  will return to perform  services for a member of the Employer Group
and the period of such leave does not exceed six months,  or if longer,  so long
as the  individual  retains  a right  to  reemployment  with any  member  of the
Employer  Group under  applicable  law or contract.  Whether a  Participant  has
terminated  employment  with the Employer  Group will be  determined by the Plan
Administrator based on whether it is reasonably  anticipated by the Plan Sponsor
and the  Participant  that the  Participant  will  permanently  cease  providing
services  to any  member of the  Employer  Group,  whether as a  Participant  or
independent  contractor,  or that the  services  to be  performed,  whether as a
Participant or  independent  contractor,  by the  Participant  will  permanently
decrease  to no  more  than  20% of the  average  level  of bona  fide  services
performed,  whether  as  a  Participant  or  independent  contractor,  over  the
immediately  preceding  36-month  period or such shorter period during which the
Participant  was  performing  services  for the  Employer  Group.  If a leave of
absence  occurs during such 36-month or shorter period which is not considered a
Separation  from Service,  unpaid leaves of absence shall be disregarded and the
level of services provided during any paid leave of absence shall be presumed to
be the level of services  required to receive the compensation paid with respect
to such leave of absence.  Transfer of a Participant from the Plan Sponsor or an
Affiliate  to another  Affiliate  shall not be deemed for any purpose  under the
Plan to be a Separation from Service.

     1.28 "Supplemental Pension Contributions" means contributions made pursuant
           ----------------------------------
to Section 3.4 hereof.

     1.29  "Supplemental  Pension  Portion"  means the portion of the Plan under
            ------------------------------
which certain Participants receive Supplemental Pension Contributions.

     1.30 "Trust  Agreement" means the agreement between the Primary Sponsor and
           ----------------
the Trustee establishing the Trust.

                                       5

<PAGE>

     1.31 "Trust" means the Silgan Containers Corporation Supplemental Executive
           -----
Retirement Trust, a grantor trust.

     1.32 "Trustee" means the trustee under the Trust.
           -------

     1.33  "Unforeseeable  Emergency" means a severe financial  hardship arising
            ------------------------
from  illness  or  accident  of the  Participant  or his  spouse or  dependents,
casualty loss or other similar  extraordinary  and  unforeseeable  circumstances
arising as a result of events  beyond  control of the  Participant.  In order to
satisfy the criteria for an  "Unforeseeable  Emergency"  the financial need must
not be one that can be  relieved  through  reimbursement  or  compensation  from
insurance  or otherwise or by  liquation  of the  Participant's  assets,  to the
extent the liquidation of such assets would not cause severe financial hardship.

                                   ARTICLE 2
                       ELIGIBILITY AND DEFERRAL ELECTIONS
                       ----------------------------------

     2.1  Supplemental  Pension  Portion.  Each  Eligible  Employee  who  was  a
          ------------------------------
Participant in the  Supplemental  Pension  Portion as of December 31, 2006 shall
continue to be a  Participant  in the  Supplemental  Pension  Portion  until the
earlier of (a) his  termination  of employment  with all members of the Employer
Group or (b) the date he is no longer an Eligible Employee.  No individual hired
or rehired by the Employer Group on or after January 1, 2007 will be eligible to
participate in the Supplemental Pension Portion.

     2.2  Eligibility  for  Deferral  Contribution  Portion;  Elections  to Make
     ---------------------------------------------------------------------------
Deferral Contributions.
----------------------

          (a)  Deferral  Election.  Each  Eligible  Employee may elect to make a
               ------------------
     Deferral  Contribution to the Plan by filing with the Plan  Administrator a
     Deferral Election that conforms to the requirements of this Section 2.2, in
     such form and manner as designated by the Plan Administrator, no later than
     the last day of his Election Period.

          (b)  Duration of Deferral Election.
               -----------------------------

               (1) Except as  provided  in this  Subsection  (b),  any  Deferral
          Election  for all or a  portion  of a Plan Year  shall be  irrevocable
          during such Plan Year.  Furthermore,  any such Deferral Election shall
          continue to apply to all Eligible  Compensation  earned for Plan Years
          after such election is made until the  Participant  revokes or changes
          his Deferral Election in accordance with the terms of the Plan.

               (2) A  Participant's  Deferral  Election  shall be revoked upon a
          Participant  receiving a hardship distribution under the Savings Plan.
          Such  Participant  may not again make Deferral  Contributions  to this
          Plan until the Plan Year  following the end of the Minimum  Suspension
          Period.  The "Minimum  Suspension  Period" is the six (6) month period
          beginning on the date of the hardship distribution.

                                       6

<PAGE>

               (3) A  Participant's  Deferral  Election  shall be revoked upon a
          Participant  demonstrating  to the Plan  Administrator in such form an
          manner as my be specified by the Plan  Administrator from time to time
          that he is suffering from an Unforeseeable Emergency. Such Participant
          may not again make Deferral  Contributions to this Plan until the Plan
          Year  following the Plan Year in which  Deferral  Contributions  cease
          under this Plan Section 2.2(b)(3).

     2.3  Loss  of  Eligibility.  If a  Participant  is no  longer  an  Eligible
          ---------------------
Employee,  such Participant  shall have his Deferral  Election revoked as of the
earlier of (a) his  termination  of employment  with all members of the Employer
Group or (b) the first day of the Plan Year  following the Plan Year in which he
is no longer an  Eligible  Employee.  No DISP  Make-up  Contributions,  Matching
Contributions,  or  Supplemental  Pension  Contributions  shall  be  made  to  a
Participant's  Account  during any  period  during  which he is not an  Eligible
Employee.

                                   ARTICLE 3
                                  CONTRIBUTIONS
                                  -------------

     3.1 Deferral  Contributions.  The Plan Sponsor shall make a contribution to
         -----------------------
the Deferral  Contribution  Account of a Participant who is an Eligible Employee
in  accordance  with his  Deferral  Election.  The  Deferral  Contribution  made
pursuant to an Eligible  Employee's  Deferral  Election  under this  Section 3.1
shall be in an amount equal to the amount  specified  in the Deferral  Election,
but not  greater  than six  percent  (6%) of the  Eligible  Employee's  Eligible
Compensation.  A  contribution  made  pursuant  to this  Section  3.1  shall  be
allocated  to the  Deferral  Contribution  Account of the  Participant  on whose
behalf  it was  made as soon as  reasonably  practicable  following  the date of
withholding by the Plan Sponsor.

     3.2 Matching Contributions. The Plan Sponsor proposes to make contributions
         ----------------------
to the  Matching  Account  for each  Plan  Year for each  Participant  who is an
Eligible Employee during the Plan Year in an amount equal to fifty percent (50%)
of the contribution  made for the Plan Year on behalf of a Participant  pursuant
to  Section  3.1.  The  Plan  Sponsor  contributions  made  on  behalf  of  each
Participant under this Section 3.2 shall be allocated to the Matching Account of
the Participant on behalf of whom the contribution was made.

     3.3 DISP  Make-up  Contributions.  The Plan  Sponsor may make DISP  Make-up
         ----------------------------
Contributions  to  the  DISP  Make-up  Account  for  each  Plan  Year  for  each
Participant who is an Eligible Employee during the Plan Year and who is entitled
to a "DISP Contribution" (as defined in the Savings Plan) under the Savings Plan
for such Plan  Year.  The  amount of the DISP  Make-up  Contribution  shall be a
percentage of DISP Compensation equal to the percentage of "Annual Compensation"
(as defined in the Savings Plan) used to calculate the "DISP  Contribution"  (as
defined in the Savings  Plan) under the Section 3.3 of the Savings  Plan (or any
successor  thereto),  less the amount of the "DISP  Contribution" (as defined in
the Savings Plan) actually made to such Participant's  account under the Savings
Plan. DISP Make-up  Contributions for each Participant entitled thereto shall be
allocated,  as of the last day of each Plan Year that such contribution is made,
to the DISP Make-up Account of each such Participant.

                                       7

<PAGE>

     3.4  Supplemental  Pension  Contributions.  The  Plan  Sponsor  shall  make
          ------------------------------------
Supplemental  Pension  Contributions to the Supplemental Pension Account of each
Participant in the Supplemental  Pension Portion who is an Eligible  Employee in
an amount equal to the yearly  contribution  using a level individual  aggregate
funding  method,  without  adjusting  for  changes  in asset  values or gains or
losses,  which  would be  expected  to fund a pension  benefit  commencing  at a
Participant's sixty-third (63rd) birthday equal to:

          (a) the Participant's  projected normal  retirement  benefit under the
     Pension Plan  calculated  using the  Participant's  "Final  Average Rate of
     Compensation"  (as defined in the Pension Plan)  without  regard to (i) the
     "Final  Average  Cap" (as  defined in the  Pension  Plan),  (ii) the Annual
     Compensation  Limit,  and  (iii) the  limitation  imposed  by Code  Section
     415(b); less

          (b) the Participant's  projected normal  retirement  benefit under the
     Pension Plan;

Notwithstanding the foregoing or the definition of "Compensation" in the Pension
Plan, for purposes of  determining  the portion of the  Participant's  projected
normal retirement benefit in Section 3.4(a) above, for Periods of Service ending
before January 1, 2006, a  Participant's  "Final  Average Rate of  Compensation"
shall be determined as if bonuses paid under the Primary  Sponsor's  Performance
Incentive Program and bonuses paid under the bonus program for senior executives
of Silgan Holdings, Inc. were not excluded from the definition of "Compensation"
in the Pension Plan.

                                    ARTICLE 4
                        INDIVIDUAL FUNDS AND INVESTMENTS
                        --------------------------------

     4.1  Participant  Direction of  Contributions.  Until such time as the Plan
          ----------------------------------------
Administrator may direct  otherwise,  each Participant and each Beneficiary of a
deceased  Participant may direct the Plan Administrator to invest  contributions
to his Account in one or more  notional  investment  options  chosen by the Plan
Administrator as the Participant shall designate by providing notice to the Plan
Administrator  according to the procedures established by the Plan Administrator
for that purpose.

          (a) All investment directions, or changes in investment directions, of
     contributions  shall be made in accordance with the procedures  established
     by the Plan Administrator.  New investment directions shall be effective as
     of the date that such directions are processed by the Plan Administrator in
     accordance with the procedures established for such purpose.

          (b) An  investment  direction,  once  given,  shall be  deemed to be a
     continuing  direction  until changed as otherwise  provided  herein.  If no
     direction  is  effective  for the date a  contribution  is to be made,  all
     contributions  which are to be made for such date shall be invested in such
     individual fund as the Plan  Administrator  or the Trustee,  as applicable,
     may determine. Neither the Trustee nor any Plan Sponsor, employee of a

                                       8

<PAGE>

     Plan  Sponsor,  nor the Plan  Administrator  shall be liable  for any loss,
     which  results  from a  Participant's  exercise or failure to exercise  his
     investment election.

     4.2 Participant Directions to Transfer between Notional Investment Options.
         ----------------------------------------------------------------------
A Participant  may elect,  according to the  procedures  established by the Plan
Administrator,  to transfer  the  investment  of his Account  among the notional
investment  options  chosen by the Plan  Administrator.  An election  under this
Section 4.2 shall be effective as of the date that such directions are processed
by the Plan Administrator in accordance with the procedures established for such
purpose.

     4.3 Application  of  Investment  Directions.  A  Participant  who makes an
         ---------------------------------------
election  pursuant to Section  4.1 or Section  4.2 may apply the new  investment
direction to his current Account, all future contributions,  or both his current
Account and all future contributions.

     4.4 Allocation of Income and Losses. As of each valuation date, the Trustee
         -------------------------------
shall  allocate  net income or net loss to each  Account at the same rate as the
rate of net income or net loss of the notional  investment  options in which the
Account is invested.

                                    ARTICLE 5
                          WITHDRAWALS DURING EMPLOYMENT
                          -----------------------------

     5.1  Unforeseeable  Emergency  Withdrawals.  The  Trustee  shall,  upon the
          -------------------------------------
direction  of  the  Plan   Administrator,   withdraw  all  or  a  portion  of  a
Participant's  vested  Accounts,  prior to the time such  account  is  otherwise
distributable  in accordance  with the other  provisions of the Plan;  provided,
however,  that any such  withdrawal  shall be made  only if the  Participant  or
Beneficiary,   as  applicable,   demonstrates  that  he  is  suffering  from  an
Unforeseeable Emergency.

     5.2  Unforeseeable Emergency Withdrawal Requirements. No distribution under
          -----------------------------------------------
Section 5.1 shall be made to the extent that the severe financial hardship could
be alleviated:

          (a) through reimbursement or compensation from insurance or otherwise;

          (b) by  liquidation  of the  Participant's  assets (to the extent such
     liquidation would not cause severe financial hardship); or

          (c)  by  cessation  of  Deferral   Contributions  under  Plan  Section
     2.2(b)(3).

                                    ARTICLE 6
                         GENERAL RULES ON DISTRIBUTIONS
                         ------------------------------

     6.1 Payment on Separation from Service.
         ----------------------------------

          (a) A Participant  who has a Separation  from Service  shall  commence
     distribution  of his vested Account within the thirty (30) day period which
     begins  on the sixth  month  anniversary  of the date of the  Participant's
     Separation from Service. Such distribution shall be made:

                                       9

<PAGE>

               (1) in the  case  of a  Participant  who  has a  Separation  from
          Service  prior to his  Normal  Retirement  Age,  in a single  lump sum
          distribution;

               (2) in the  case  of a  Participant  who  has a  Separation  from
          Service on or after his Normal  Retirement  Age,  in the form or forms
          elected by the Participant pursuant to Plan Section 6.2; or

               (3) in the event a Participant  who has a Separation from Service
          on or after his Normal  Retirement  Age has failed to make an election
          concerning the form of payment of such  Participant's  vested Account,
          in a lump sum distribution.

          (b)  Notwithstanding  Subsection (a), upon a Participant's  death, all
     vested  benefits for such  Participant  under the Plan shall be paid to the
     Participant's  Beneficiary  in one  lump  sum as soon  as  administratively
     practicable,   but  no  later  than   ninety  (90)  days,   following   the
     Participant's death. If a Participant is receiving  installment payments as
     of the date of the  payment  under  this  Section,  the  remainder  of such
     installment payments will be paid in one lump sum.

     6.2  Form of Payment Election.
          ------------------------

          (a) During an Eligible  Employee's  initial  Election  Period,  he may
     elect, in such form and manner as determined by the Plan Administrator, one
     of the forms of payment under  Subsection (b) for his vested Account in the
     event that his vested Account is distributed pursuant to Section 6.1(a)(2).
     An election  under this  Subsection  shall become  irrevocable  immediately
     following such Election Period. With respect to an individual who ceases to
     be an Eligible Employee and then again becomes an Eligible  Employee,  such
     individual's first election under this Subsection shall apply.

          (b) The  Eligible  Employee  or  Participant  may  elect  pursuant  to
     Subsection (a) to receive payment of the vested portion of his Account upon
     his Separation from Service on or after his attainment of Normal Retirement
     Age in one of the following forms:

               (1) A lump sum distribution;

               (2) Substantially equal annual installments over five (5) years;

               (3) Substantially equal annual installments over ten (10) years;

               (4)  Substantially  equal annual  installments  over fifteen (15)
          years; or

               (5) Such other  annual  installment  payment  method to which the
          Primary Sponsor consents;

provided,  however,  that each annual  installment under Subsections (2) through
(5) shall be treated as a separate payment for purposes of Code Section 409A.

                                       10

<PAGE>

     6.3  One-Time    Permitted    Change    in   the    Form   of    Payment.
          -------------------------------------------------------------------

          (a) A  Participant  who has made an election  under  Section 6.2 for a
     lump sum  payment  (or is  deemed to have made an  election  under  Section
     6.1(a)(3)),  with respect to payment of his vested  Account  under  Section
     6.1(a)(2)  may elect to delay receipt of such lump sum payment for five (5)
     years following the date such payment would have otherwise been made.

          (b) A  Participant  who has made an  election  under  Section  6.2 for
     installment  payments  over five (5) or more  years,  with  respect  to the
     payment of his vested  Account under  Section  6.1(a)(2) may elect to defer
     receipt of the first, and only the first, such installment  payment,  which
     shall  then be paid in the  year  following  the  year in  which  the  last
     installment would, but for such election, have been otherwise payable.

          (c) Any election under  Subsection (a) or (b) of this Section shall be
     subject to the following requirements:

               (i) the election under this Plan Section 6.3 must not take effect
          until twelve (12) months after the election is made;

               (ii) the  Participant  must not have made a prior  election under
          this Section 6.3.

     6.4 Special One-Time  Election.  Notwithstanding  Sections 6.2 and 6.3, any
         --------------------------
Participant who is an Eligible Employee and who had vested Account balance as of
January 1, 2007 may, at a time designated by the Plan  Administrator that is not
later than  December 31, 2008,  make a special  one-time  change in his election
under  Section  6.2.  Such  Participant  may elect  under this  Section any form
provided in Section 6.2(b)(1) through (5); provided that

          (a) no such  election  shall  provide  for payment of an amount in the
     calendar year of such election  (the  "Election  Year") that would not have
     otherwise  been paid in the  Election  Year  pursuant to the  Participant's
     prior election; and

          (b) no such  election  shall  provide  for  payment  of an amount in a
     calendar year other than the Election Year that would have  otherwise  been
     paid in the Election Year pursuant to the Participant's prior election.

     6.5 Payment on Change in  Control.  Notwithstanding  a prior  election by a
         -----------------------------
Participant  as to a form of  payment,  upon a Change  in  Control,  all  vested
benefits  for all  Participants  under  the  Plan  shall  be  paid  in lump  sum
distributions as soon as administratively  practicable, but no later than ninety
(90) days,  following  the Change in  Control.  If a  Participant  is  receiving
installment  payments  as of the date of the  payment  under this  Section,  the
remainder of such installment payments will be paid in one lump sum.

     6.6 Vesting.  A Participant  shall always be fully vested in  contributions
         -------
made to his Deferral Contribution Account. Contributions made to a Participant's
Matching Account,  DISP Make-up Account,  and Supplemental Pension Account shall
vest according to the following schedule:

                                       11

<PAGE>

                Periods of Service                Vested Percentage
                ------------------                -----------------

                   Less than 5                           0%
                    5 or more                           100%

                                    ARTICLE 7
                           ADMINISTRATION OF THE PLAN
                           --------------------------

     7.1 Unfunded  Obligations.  Participants  and their  Beneficiaries,  heirs,
         ---------------------
successors,  and assigns  shall have no legal or equitable  rights,  claims,  or
interest  in any  specific  property  or  assets  of any  Plan  Sponsor  or,  if
established,  the Trust.  Any and all of the assets of each Plan Sponsor and any
Trust assets which are  attributable  to amounts paid into the Trust by the Plan
Sponsor shall be, and remain, the general unpledged, unrestricted assets of such
Plan  Sponsor,  which  shall be  subject  to the  claims of that Plan  Sponsor's
general creditors. Each Plan Sponsor's obligation under the Plan shall be merely
that of an unfunded  and  unsecured  promise of the Plan Sponsor to pay money in
the future,  and the rights of the  Participants and  Beneficiaries  shall be no
greater than those of unsecured  general  creditors.  It is the intention of the
Plan  Sponsors  that the Plan and, if  established,  the Trust be  unfunded  for
purposes of the Code and for purposes of Title I of ERISA.  Nothing contained in
this Plan shall constitute a guaranty by a Plan Sponsor or any other entity that
the assets of the Plan Sponsor will be sufficient to pay any benefit hereunder.

     7.2 Operation of the Plan Administrator.  The Primary Sponsor shall appoint
         -----------------------------------
a Plan  Administrator.  If an  organization  is  appointed  to serve as the Plan
Administrator,  then the Plan Administrator may designate in writing one or more
persons who may act on behalf of the Plan Administrator. If more than one person
is so designated with respect to the same administrative function, a majority of
such persons shall constitute a quorum for the transaction of business and shall
have the full  power to act on behalf  of the Plan  Administrator.  The  Primary
Sponsor  shall  have the right to remove the Plan  Administrator  at any time by
notice in  writing.  The Plan  Administrator  may  resign at any time by written
notice of resignation to the Primary Sponsor. Upon removal or resignation of the
Plan   Administrator,   or  in  the  event  of  the   dissolution  of  the  Plan
Administrator, the Primary Sponsor shall appoint a successor.

     7.3 Duties of the Plan Administrator.
         --------------------------------

          (a) The Plan Administrator  shall advise the Plan Sponsor with respect
     to all  payments  under  the terms of the Plan and  shall  direct  the Plan
     Sponsor in writing to make such payments;  provided,  however,  in no event
     shall the Plan  Sponsor  make such  payments if the Plan Sponsor has actual
     knowledge that such payments are contrary to the terms of the Plan.

          (b) The Plan  Administrator  shall from time to time establish  rules,
     not  contrary  to the  provisions  of the  Plan  and  the  Trust,  for  the
     administration  of the  Plan  and  the  transaction  of its  business.  All
     elections and  designations  under the Plan by a Participant or Beneficiary
     shall  be made on forms  prescribed  by the  Plan  Administrator.  The Plan
     Administrator  shall have discretionary  authority to construe the terms of
     the

                                       12

<PAGE>

     Plan and shall  determine  all  questions  arising  in the  administration,
     interpretation and application of the Plan, including,  but not limited to,
     those  concerning  eligibility  for  benefits and it shall not act so as to
     discriminate  in  favor  of any  person.  All  determinations  of the  Plan
     Administrator   shall  be   conclusive   and  binding  on  all   employees,
     Participants, and Beneficiaries,  subject to the provisions of the Plan and
     the Trust and subject to applicable law.

          (c) The statement of specific duties for a Plan  Administrator in this
     Section is not in derogation of any other duties which a Plan Administrator
     has under the provisions of the Plan or the Trust or under applicable law.

     7.4  Action by a Plan  Sponsor.  Any  action to be taken by a Plan  Sponsor
          -------------------------
shall be taken by persons duly authorized by the Plan Sponsor,  except,  subject
to Sections 11.1 and 11.2,  amendments to,  termination  of, or termination of a
Plan Sponsor  participation  in, the Plan or the Trust, or the  determination of
the basis of any Plan  Sponsor  contributions,  may be made  only to the  extent
authorized by written  resolution or written direction of the board of directors
or appropriate governing body. Nothing herein shall be construed to prohibit the
board of directors or appropriate  governing body from delegating to any officer
or other  appropriate  person of a Plan  Sponsor the  authority to take any such
actions as may be specified in such resolution or written direction.

                                    ARTICLE 8
                             CLAIMS REVIEW PROCEDURE
                             -----------------------

     8.1 Notice of Denial.  If a Participant  or a Beneficiary is denied a claim
         ----------------
for  benefits  under the  Plan,  the Plan  Administrator  shall  provide  to the
claimant  written  notice of the denial  within  ninety (90) days after the Plan
Administrator  receives  the  claim,  unless  special  circumstances  require an
extension  of time for  processing  the claim.  If such an  extension of time is
required,  written  notice of the  extension  shall be furnished to the claimant
prior to the  termination of the initial  90-day  period.  In no event shall the
extension  exceed a period  of ninety  (90)  days  from the end of such  initial
period. Any extension notice shall indicate the special circumstances  requiring
the  extension  of time,  the date by which the Plan  Administrator  expects  to
render the final  decision,  the standards on which  entitlement to benefits are
based,  the  unresolved  issues  that  prevent a  decision  on the claim and the
additional information needed to resolve those issues.

     8.2 Contents of Notice of Denial. If a Participant or Beneficiary is denied
         ----------------------------
a claim for benefits under a Plan, the Plan Administrator  shall provide to such
claimant written notice of the denial which shall set forth:

          (a) the specific reasons for the denial;

          (b) specific  references  to the  pertinent  provisions of the Plan on
     which the denial is based;

                                       13

<PAGE>

          (c) a description of any additional material or information  necessary
     for the  claimant  to  perfect  the  claim and an  explanation  of why such
     material or information is necessary; and

          (d) an explanation of the Plan's claim review procedures, and the time
     limits  applicable  to  such  procedures,  including  a  statement  of  the
     claimant's  right to bring a civil  action  under  Section  502(a) of ERISA
     following an adverse benefit determination on review.

     8.3 Right to  Review.  After  receiving  written  notice of the denial of a
         ----------------
claim, a claimant or his representative shall be entitled to:

          (a)  request  a full and fair  review  of the  denial  of the claim by
     written application to the Plan Administrator;

          (b) request, free of charge,  reasonable access to, and copies of, all
     documents, records, and other information relevant to the claim;

          (c) submit written comments, documents, records, and other information
     relating to the denied claim to the Plan Administrator; and

          (d) a review that takes into account all comments, documents, records,
     and other  information  submitted  by the  claimant  relating to the claim,
     without regard to whether such  information  was submitted or considered in
     the initial benefit determination.

     8.4 Application  for Review.  If a claimant wishes a review of the decision
         -----------------------
denying  his claim to  benefits  under  the Plan,  he must  submit  the  written
application  to the Plan  Administrator  within sixty (60) days after  receiving
written notice of the denial.

     8.5 Hearing.  Upon  receiving a written  application  for review,  the Plan
         -------
Administrator,  may schedule a hearing for purposes of reviewing the  claimant's
claim,  which  hearing  shall take place not more than thirty (30) days from the
date on which the Plan  Administrator  received  such  written  application  for
review.

     8.6  Notice  of  Hearing.  At least ten (10)  days  prior to the  scheduled
          -------------------
hearing,  the claimant and his  representative  designated in writing by him, if
any, shall receive written notice of the date, time, and place of such scheduled
hearing.  The  claimant or his  representative,  if any,  may  request  that the
hearing be rescheduled,  for his convenience,  on another  reasonable date or at
another reasonable time or place.

     8.7 Counsel.  All  claimants  requesting  a review of the decision  denying
         -------
their claim for benefits may employ counsel for purposes of the hearing.

     8.8 Decision on Review. No later than sixty (60) days following the receipt
         ------------------
of the written  application for review, the Plan Administrator  shall submit its
decision on the review in

                                       14

<PAGE>

writing to the claimant involved and to his  representative,  if any, unless the
Plan Administrator  determines that special  circumstances  (such as the need to
hold a hearing) require an extension of time, to a day no later than one hundred
twenty  (120)  days after the date of receipt  of the  written  application  for
review.  If the Plan  Administrator  determines  that the  extension  of time is
required, the Plan Administrator shall furnish to the claimant written notice of
the extension  before the  expiration of the initial sixty (60) day period.  The
extension notice shall indicate the special circumstances requiring an extension
of time and the date by which  the Plan  Administrator  expects  to  render  its
decision on review. In the case of a decision adverse to the claimant,  the Plan
Administrator  shall provide to the claimant  written notice of the denial which
shall include:

          (a) the specific reasons for the decision;

          (b) specific  references  to the  pertinent  provisions of the Plan on
     which the decision is based;

          (c) a statement that the claimant is entitled to receive, upon request
     and free of charge,  reasonable  access  to, and copies of, all  documents,
     records,  and  other  information  relevant  to the  claimant's  claim  for
     benefits; and

          (d) an explanation of the Plan's claim review procedures, and the time
     limits  applicable  to  such  procedures,  including  a  statement  of  the
     claimant's right to bring an action under Section 502(a) of ERISA following
     the denial of the claim upon review.

                                    ARTICLE 9
                 INCOMPETENT DISTRIBUTEE AND UNCLAIMED PAYMENTS
                 ----------------------------------------------

     9.1  Anti-Alienation.  No benefit  which shall be payable under the Plan to
          ---------------
any person  shall be subject in any manner to  anticipation,  alienation,  sale,
transfer,  assignment,  pledge,  encumbrance  or  charge,  and  any  attempt  to
anticipate,  alienate,  sell, transfer,  assign, pledge,  encumber or charge the
same shall be void;  and no such  benefit  shall in any manner be liable for, or
subject  to,  the debts,  contracts,  liabilities,  engagements  or torts of any
person,  nor shall it be subject to attachment or legal process for, or against,
such person, and the same shall not be recognized under the Plan, except to such
extent as may be required by law.

     9.2 Minors and  Incompetents.  Whenever any benefit  which shall be payable
         ------------------------
under the Plan is to be paid to or for the  benefit  of any person who is then a
minor or determined to be  incompetent  by qualified  medical  advice,  the Plan
Administrator  need not require the appointment of a guardian or custodian,  but
shall be  authorized  to cause  the same to be paid  over to the  person  having
custody  of such minor or  incompetent,  or to cause the same to be paid to such
minor or incompetent without the intervention of a guardian or custodian,  or to
cause the same to be paid to a legal  guardian  or  custodian  of such  minor or
incompetent  if one has been  appointed  or to cause the same to be used for the
benefit of such minor or incompetent.

                                       15

<PAGE>

     9.3 Missing  Participants.  If the Plan Administrator  cannot ascertain the
         ---------------------
whereabouts of any Participant to whom a payment is due under the Plan, the Plan
Administrator may direct that the payment and all remaining  payments  otherwise
due to the Participant be cancelled on the records of the Plan and Trust and the
amount thereof applied as a forfeiture in accordance with Plan provisions except
that, in the event the Participant later notifies the Plan  Administrator of his
whereabouts  and requests the payments due to him under the Plan,  the forfeited
amount shall be restored either from forfeitures  under the Plan or by a special
contribution  by the  Plan  Sponsor  to the  Plan,  as  determined  by the  Plan
Administrator, in an amount equal to the payment to be paid to the Participant.

                                   ARTICLE 10
                              LIMITATION OF RIGHTS
                              --------------------

     Participation  in the Plan shall not give any  employee  any right or claim
other than as unsecured general creditor of a Plan Sponsor.  The adoption of the
Plan and the  Trust by any  Plan  Sponsor  shall  not be  construed  to give any
employee  a  right  to be  continued  in  the  employ  of a Plan  Sponsor  or as
interfering  with the right of a Plan Sponsor to terminate the employment of any
employee at any time.

                                   ARTICLE 11
                       AMENDMENT TO OR TERMINATION OF THE
                       ----------------------------------
                               PLAN AND THE TRUST
                               ------------------

     11.1 Right of Primary  Sponsor to Amend or Terminate.  The Primary  Sponsor
          -----------------------------------------------
reserves the right at any time to modify or amend or  terminate  the Plan or the
Trust in whole or in part. No such  modifications  or amendments  shall have the
effect of reducing a Participant's vested Account prior to the effective date of
such modification or amendment.

     11.2 Plan Termination. The Primary Sponsor may terminate the Plan, pursuant
          ----------------
to (a), (b), (c), or (d):

          (a) The Primary  Sponsor may  terminate  and liquidate the Plan within
     twelve (12) months of a corporate dissolution taxed under Code Section 331,
     or  with  the  approval  of  a  bankruptcy  court  pursuant  to  11  U.S.C.
     ss.503(b)(1)(A),  provided that the vested Accounts  distributed  from Plan
     are included in the Participants' respective gross incomes in the latest of
     the following  years (or, if earlier,  the taxable year in which the amount
     is actually or constructively received):

               (1)  The  calendar  year  in  which  the  Plan   termination  and
          liquidation occurs;

               (2) The first  calendar  year in which the  Account  is no longer
          subject to a substantial risk of forfeiture; or

               (3) The first  calendar  year in which the  payment of the vested
          Account is administratively practicable.

                                       16

<PAGE>

          (b) The Primary  Sponsor may terminate and liquidate the Plan pursuant
     to irrevocable  action taken by the Primary  Sponsor within the thirty (30)
     days  preceding  or the twelve (12)  months  following a Change in Control,
     provided that this  Subsection  will only apply to a payment under the Plan
     if all agreements,  methods,  programs, and other arrangements sponsored by
     the Employer Group  immediately after the Change in Control with respect to
     which deferrals of compensation are treated as having been deferred under a
     single  plan  under  Treasury   Regulations   Section   1.409A-1(c)(2)  are
     terminated and liquidated with respect to each participant that experienced
     the  Change in  Control,  so that  under the terms of the  termination  and
     liquidation,  all such  participants are required to receive all amounts of
     compensation deferred under the terminated agreements,  methods,  programs,
     and other  arrangements  within twelve (12) months of the date the Employer
     Group irrevocably takes all necessary action to terminate and liquidate the
     agreements, methods, programs, and other arrangements.  Solely for purposes
     of this  Subsection  (b), where the Change in Control event results from an
     asset purchase  transaction,  the  applicable  member of the Employer Group
     with the  discretion to liquidate and  terminate the  agreements,  methods,
     programs,  and other  arrangements is the member of the Employer Group that
     is primarily  liable  immediately  after the transaction for the payment of
     the deferred compensation.

          (c) The Primary Sponsor may terminate and liquidate the Plan, provided
     that

               (1) The termination and liquidation does not occur proximate to a
          downturn in the financial health of any member of the Employer Group;

               (2) Every member of the Employer Group  terminates and liquidates
          all agreements, methods, programs, and other arrangements sponsored by
          the any member of the Employer Group that would be aggregated with any
          terminated and liquidated  agreements,  methods,  programs,  and other
          arrangements  under  Treasury  Regulations  Section  1.409A-1(c)  if a
          Participant had deferrals of compensation under all of the agreements,
          methods,  programs,  and other  arrangements  that are  terminated and
          liquidated;

               (3) No payments in liquidation of the Plan are made within twelve
          (12) months of the date the Primary Sponsor takes all necessary action
          to  irrevocably  terminate  and liquidate the Plan other than payments
          that  would be  payable  under the terms of the Plan if the  action to
          terminate and liquidate the Plan had not occurred;

               (4) All payments are made within  twenty-four  (24) months of the
          date the Primary  Sponsor  takes all necessary  action to  irrevocably
          terminate and liquidate the Plan; and

               (5) No member of the Employer  Group adopts a new plan that would
          be aggregated under Treasury  Regulations Section 1.409A-1(c) with any
          plan terminated and liquidated pursuant to this Subsection if any such
          plan covers any employee who was a  participant  in any such plan,  at
          any time within three years

                                       17

<PAGE>

          following the date the Primary  Sponsor takes all necessary  action to
          irrevocably terminate and liquidate the Plan.

          (d) By  ceasing  any and all  contributions  to the Plan or taking any
     such  other  action to  terminate  the Plan as the  Primary  Sponsor  deems
     appropriate,  in which event the payment of  Participants'  vested Accounts
     under  the Plan  will be made at the  time  and in the  form as they  would
     otherwise have been made had the Plan not been terminated.

     11.3 Plan Merger.  In the case of any merger or  consolidation  of the Plan
          -----------
with,  or any  transfer of the assets or  liabilities  of the Plan to, any other
plan, the terms of the merger, consolidation or transfer shall be such that each
Participant  would  receive  (in the  event  of  termination  of the Plan or its
successor  immediately  thereafter)  a benefit which is no less than the benefit
which the  Participant  would have received in the event of  termination  of the
Plan immediately before the merger, consolidation or transfer.

     IN WITNESS WHEREOF,  the Primary Sponsor has adopted this Plan effective as
of the date first set forth above.

                                             SILGAN CONTAINERS CORPORATION

                                             By: /s/ Anthony E. Cost
                                                 -------------------------------

                                             Name: Anthony E. Cost
                                                   -----------------------------

                                             Title: V.P. Human Resources
                                                    --------------------

<PAGE>

                             FIRST AMENDMENT TO THE
                          SILGAN CONTAINERS CORPORATION
                     SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

     THIS FIRST  AMENDMENT  is made on  November 1, 2008,  by SILGAN  CONTAINERS
CORPORATION,  a corporation  duly  organized and existing  under the laws of the
State of Delaware (the "Sponsoring Employer").

                              W I T N E S S E T H:
                              - - - - - - - - - -

     WHEREAS,   the  Sponsoring   Employer   maintains  the  Silgan   Containers
Corporation  Supplemental Executive Retirement Plan (the "Plan"), as amended and
restated effective January 1, 2007;

     WHEREAS,  subsequent to the adoption of the amended and restated  Plan, the
Sponsoring   Employer  adopted  the  amended  and  restated  Silgan   Containers
Corporation  Pension Plan for Salaried  Employees (the "Salaried  Pension Plan")
effective July 1, 2008;

     WHEREAS,  certain  definitions  in the  Plan  refer to  definitions  in the
Salaried Pension Plan;

     WHEREAS,  the Sponsoring  Employer desires to amend the Plan to clarify the
application of certain terms in the Salaried Pension Plan to participants in the
Plan; and

     WHEREAS,  this amendment  shall supersede the provisions of the Plan to the
extent those provisions are inconsistent with the provisions of this amendment.

     NOW,  THEREFORE,  the  Sponsoring  Employer  does  hereby  amend  the Plan,
effective as of July 1, 2008, as follows:

     1. By deleting the  existing  Section  1.18 and  substituting  therefor the
following:

        "1.18    `Normal    Retirement    Age'    means    the    earlier    of:
                  ---------------------------

        (a) the attainment of at least age sixty (60) with the completion of ten
     (10) or more years of Vesting Service; or

        (b) the attainment of at least age  sixty-five  (65) with the completion
     of five (5) or more years of Vesting Service."

     2. By deleting the  existing  Section  1.21 and  substituting  therefor the
following:

        "1.21  `Period of Service'  means  `Period of Service' as defined in the
                -----------------
     Pension Plan prior to July 1, 2008."

     3. By adding the following new Section 1.34:

        "1.34  `Vesting  Service'  means  `Vesting  Service'  as  defined in the
                ----------------
     Pension Plan.

<PAGE>

     4. By deleting  the  existing  Section 6.6 and  substituting  therefor  the
following:

        "6.6   Vesting.   A   Participant   shall  always  be  fully  vested  in
               -------
     contributions made to his Deferral Contribution Account. Contributions made
     to a Participant's Matching Account, DISP Make-up Account, and Supplemental
     Pension Account shall vest according to the following schedule:

        Full Years of Vesting Service           Vested Percentage
        -----------------------------           -----------------
                Less than 5                             0%
                 5 or more                             100%"

     Except as specifically  amended hereby, the Plan shall remain in full force
and effect as prior to this First Amendment.

     IN WITNESS WHEREOF, the Sponsoring Employer has caused this First Amendment
to be executed as of the day and year first above written.

                                         SILGAN CONTAINERS CORPORATION

                                         By: /s/ Anthony E. Cost
                                            ------------------------------------

                                         Title: Vice-President - Human Resources
                                                --------------------------------Exhibit 10.5

                          SILGAN PLASTICS SUPPLEMENTAL
                            SAVINGS AND PENSION PLAN

                            SUPPLEMENTAL PENSION PLAN
                                1997 RESTATEMENT

<PAGE>

                          SILGAN PLASTICS SUPPLEMENTAL
                            SAVINGS AND PENSION PLAN

                            SUPPLEMENTAL PENSION PLAN
                                1997 RESTATEMENT

                                TABLE OF CONTENTS

ARTICLE I - ESTABLISHMENT AND PURPOSE..........................................1
     1.1    History and Structure..............................................1
     1.2    Purpose............................................................1
     1.3    Type of Plan.......................................................1

ARTICLE II - DEFINITIONS.......................................................3

ARTICLE III - RETIREMENT BENEFITS..............................................3
     3.1    Limitations........................................................3
     3.2    Annual Contribution Amount.........................................4
     3.3    Supplemental Pension Formula.......................................5
     3.4    Transfer of Funds..................................................5
     3.5    Participant's Accounts.............................................5
     3.6    Vesting............................................................6

ARTICLE IV - PAYMENT OF BENEFITS...............................................7
     4.1    Form of Payment....................................................7
     4.2    Time of Payment....................................................7
     4.3    Death Benefits................................. ...................7

ARTICLE V - SOURCES OF PAYMENTS................................................9

ARTICLE VI - PLAN ADMINISTRATOR................................................9
     6.1    Plan Administrator.................................................9
     6.2    Standard of Conduct................................................9

ARTICLE VII - NONALIENATION OF BENEFITS.......................................10

ARTICLE VIII - AMENDMENT AND TERMINATION......................................10

                                       i

<PAGE>

ARTICLE IX - GENERAL PROVISIONS...............................................10
     9.1    Plan Not a Contract of Employment.................................10
     9.2    Construction of Terms.............................................10
     9.3    Successors........................................................11
     9.4    Official Actions..................................................11
     9.5    Controlling State Law.............................................11
     9.6    Severability......................................................11
     9.7    Withholding.......................................................11

                                       ii

<PAGE>

                          SILGAN PLASTICS SUPPLEMENTAL
                            SAVINGS AND PENSION PLAN

                            SUPPLEMENTAL PENSION PLAN
                                1997 RESTATEMENT

                                    ARTICLE I
                            ESTABLISHMENT AND PURPOSE

     1.1 History and Structure. The Silgan Plastics Supplemental Savings and
Pension Plan is comprised of two components: the Contributory Retirement Plan
and the Supplemental Pension Plan. The Supplemental Pension Plan component of
the Silgan Plastics Supplemental Savings and Pension Plan initially was adopted
by an instrument dated April 29, 1996. The Plan initially was structured as a
traditional defined benefit supplemental plan, which provided a retirement
income benefit based on a formula for highly compensated employees whose benefit
in the qualified defined benefit plan maintained by Silgan Plastics Corporation
was curtailed by the limits applicable to qualified plans.

     Silgan Plastics Corporation now wishes to replace the defined benefit
formula with a defined contribution formula. As amended by this 1997
Restatement, the Plan provides a benefit for highly compensated employees whose
benefit under the Silgan Plastics Corporation Pension Plan for Salaried
Employees is curtailed by certain limitations imposed by the Internal Revenue
Code on qualified plans. In general, the present value of the amount of the
pension that is so curtailed will be calculated as of the end of each year; such
amount will be credited to the account of the Participant; the account will be
adjusted for earnings and losses; and the Participant's retirement income
benefit will be determined solely by the amount credited to the account of the
Participant from time to time.

     The terms and conditions of the Contributory Retirement Plan component of
the Silgan Plastics Supplemental Savings and Pension Plan are set forth in a
separate instrument.

     1.2 Purpose. The Supplemental Pension Plan is intended to provide benefits
to participants in the Silgan Plastics Corporation Pension Plan For Salaried
Employees (the "Pension Plan") whose benefits are curtailed by certain
limitations imposed by the Internal Revenue Code on qualified plans.

     1.3  Type  of  Plan.  The  Supplemental  Pension  Plan  is  intended  as  a
nonqualified   unfunded  deferred  compensation  plan  for  federal  income  tax
purposes.  For purposes of the Employee  Retirement  Income Security Act of 1974
("ERISA") the Supplemental  Pension Plan is structured as two plans. The portion
of the  Supplemental  Pension Plan that provides  benefits  based on limitations
imposed by Section 415 of the Internal Revenue Code is intended to be an "excess
benefit  plan" as  described  in Section  4(b)(5) of ERISA.  The  portion of the
Supplemental Pension Plan that provides benefits based on limitations imposed by
Section  401(a)(17)  of the  Internal  Revenue  Code  is  intended  to be a plan
described in Sections 201(2), 301(a)(3) and

<PAGE>

401(a)(1) of ERISA providing  benefits to a select group of management or highly
compensated employees.

                                       2

<PAGE>

                                   ARTICLE II
                                   DEFINITIONS

     2.1 (a) Unless otherwise expressly qualified by the terms or the context of
this Supplemental Pension Plan, the terms used in this Supplemental Pension Plan
shall have the same meanings as those terms in the Pension Plan.

         (b) "Benefit Amount" shall mean the amount payable to a Participant
pursuant to this Supplemental Pension Plan, which is the amount credited to the
Supplemental Pension Account of a Participant from time to time in accordance
with Article III.

         (c) "Eligible Participant" shall mean Participants in the Pension Plan
whose benefits in the Pension Plan are curtailed by the Limitations prescribed
in Section 3.1.

         (d) "Employer" shall mean Silgan Plastics Corporation.

         (e) "Excess Compensation shall mean the Covered Compensation of a Plan
Participant for a Plan Year in excess of the limitation imposed by Section
401(a)(17) of the Code on the maximum amount of compensation that may be
considered under the Pension Plan for such Plan Year.

         (f) "Pension Participant" shall mean a Participant in the Pension Plan.

         (g) "Pension Plan" shall mean the Silgan Plastics Corporation Pension
Plan for Salaried Employees, a qualified funded defined benefit pension plan.

         (h) "Plan Year" shall mean the calendar year.

         (i) "Silgan" shall mean Silgan Plastics Corporation.

         (j) "Supplemental Savings and Pension Trust" shall mean the Silgan
Plastics Corporation Supplemental Savings and Pension Trust, a Rabbi Trust that
is disregarded for purposes of ERISA and is not treated as a separate taxpayer
entity for federal income tax purposes.

                                   ARTICLE III
                               RETIREMENT BENEFITS

     3.1 Limitations.

         The Supplemental Pension Plan provides a defined contribution pension
benefit to compensate an Eligible Participant for the benefit that would be
payable to a Pension Participant under the Pension Plan except for the
application of either or both of the following limitations:

                                       3

<PAGE>

         (a)      Benefits not payable under the Pension Plan because of the
                  limitations imposed by Section 401(a)(17) of the Code on the
                  maximum amount of compensation that may be considered in
                  determining the benefit payable under the Pension Plan
                  ("Compensation Limitation") (See Section 5.1 of the Pension
                  Plan.); and

         (b)      Benefits not payable under the Pension Plan because of the
                  limitations imposed by Section 415 of the Code on the benefit
                  of the Pension Participant ("Section 415 Limitation") (See
                  Article VIII of the Pension Plan).

     3.2 Annual Contribution Amount. As of the end of each Plan Year, the Plan
Administrator shall determine the annual Supplemental Employer Contribution
amount, if any, for each Eligible Participant, as follows:

         (a)      First, calculate the amount accrued under the Supplemental
                  Pension Formula set forth in Section 3.3 below as of the end
                  of the Plan Year in the form of a Single Life Annuity payable
                  monthly beginning at age 65;

         (b)      Second, subtract from such monthly amount the highest such
                  monthly benefit determined for such Participant as of the end
                  of any previous Plan Year that resulted in a contribution to
                  the Supplemental Pension Account of such Participant under
                  this Plan;

         (c)      Third, determine the lump sum present value of such
                  difference, if any, using the applicable mortality table and
                  applicable interest rate prescribed in Section 417(e) of the
                  Internal Revenue Code of 1986 in effect as of the end of such
                  Plan Year. For this purpose the applicable interest rate
                  stability period shall be monthly and the lookback month shall
                  be the third full calendar month preceding the stability
                  period.

Solely in the case of an Eligible Participant who retires while eligible for an
Early Retirement Benefit under Section 5.2 of the Pension Plan, as of the Early
Retirement Date of the Participant, the Plan Administrator shall determine a
special Supplemental Employer Contribution amount, if any, for such Participant,
as follows:

         (a)      First, calculate the amount accrued under the Supplemental
                  Pension Formula set forth in Section 3.3 below as of the Early
                  Retirement Date of the Participant in the form of a Single
                  Life Annuity payable monthly beginning at such Early
                  Retirement Date;

         (b)      Second, determine the lump sum present value of such benefit,
                  if any, using the applicable mortality table and applicable
                  interest rate prescribed in Section 417(e)

                                       4

<PAGE>

                  of the Internal Revenue Code of 1986 in effect as of the end
                  of such Plan Year, using the stability period and lookback
                  month described above;

         (c)      Third, subtract from such lump sum amount the lump such amount
                  calculated pursuant to the immediately preceding paragraph
                  (benefit beginning at age 65) as of the end of the Plan Year
                  that immediately precedes such Early Retirement Date.

If the Early Retirement Date of a Participant coincides with the last day of a
Plan Year, the special Early Retirement amount calculated above shall be in lieu
of, and not in addition to, the normal annual Supplemental Employer Contribution
for that Plan Year.

     3.3 Supplemental Pension Formula. The monthly amount of the supplemental
pension for purposes of determining the Supplemental Employer Contribution shall
be an amount, payable in the form of a Single Life Annuity, equal to the excess
of:

         (a)      the monthly retirement benefit that would have been payable to
                  a Pension Participant under the Pension Plan without regard to
                  the Compensation Limitation and the Section 415 Limitation;
                  over

         (b)      the amount of the monthly retirement benefit that is in fact
                  payable to such Pension Participant under the Pension Plan.

Such benefit shall be reduced by that portion of the benefit payable from any
nonqualified retirement plan maintained by the Monsanto Company or Amoco
(including any foreign plans) to the extent that such Monsanto or Amoco benefit
duplicates the benefit determined above.

     3.4 Transfer of Funds. The Employer shall transfer the Supplemental
Employer Contribution amounts determined in accordance with Section 3.2 in cash
to the Supplemental Savings and Pension Trust as soon as administratively
feasible after such amount is calculated.

     3.5 Participant's Accounts. A separate "Supplemental Pension Account" shall
be established and maintained for each Participant for whom a Supplemental
Employer Contribution is required to be made in accordance with Section 3.2. The
Plan Administrator shall record the dollar amount of the Supplemental Employer
Contribution of each Participant for each Plan Year to the Participant's
Supplemental Pension Account.

     The amount credited to the Supplemental Pension Accounts of Participants
shall be adjusted no less frequently than annually by the Plan Administrator to
reflect earnings, losses, distributions, investment transfers and any other
transactions attributable to the investment in the Supplemental Savings and
Pension Trust of the amounts allocated to the Accounts of each Participant. The
Plan Administrator shall establish such accounting and recordkeeping rules and
procedures as are reasonable in the circumstances (such as the nature of the
Trust investments) as it in its discretion shall determine; provided that such
rules and procedures shall be applied

                                       5

<PAGE>

uniformly to Participants in similar circumstances. A date as of which the
Accounts of Participants are so adjusted is referred to in this Plan as an
"Accounting Date."

     The amount credited to the Accounts of a Participant from time to time as
of the most recent Accounting Date shall constitute the Benefit Amount of the
Participant at such time.

     3.6 Vesting. The Supplemental Pension Amount of a Participant shall be
vested at the same rate as the Participant's benefit is vested in the Pension
Plan.

                                       6

<PAGE>

                                   ARTICLE IV
                               PAYMENT OF BENEFITS

     4.1 Form of Payment. The normal form of benefit of the Benefit Amount under
this Supplemental Pension Plan shall be a single lump sum payment.

     A Participant may elect to receive his or her Benefit Amount in annual
installments not to exceed ten years. The amount of each installment payment
shall be determined under the declining balance accounting method. For example,
a five year installment payout would be paid as follows: 1/5 of the Benefit
Amount in the first year; 1/4 of the remaining Benefit Amount in the second
year; 1/3 of the remaining Benefit Amount in the third year; 1/2 of the
remaining Benefit Amount in the fourth year; and the balance of the remaining
Benefit Amount in the fifth year.

     An election to take installment payments shall be made in writing, in a
form prescribed by the Plan Administrator, not later than six months before
payment is to commence in accordance with Section 4.2 of this Supplemental
Pension Plan. Such an election shall be irrevocable.

     4.2 Time of Payment. Payment(s) of the Benefit Amount of a Participant
normally shall commence as soon as administratively feasible after Termination
of Employment of the Participant.

     A Participant may elect to defer receipt of a lump sum payment, or to defer
commencement of installment payments, until after the end of the first, second,
third, fourth or fifth calendar year beginning after his of her Termination of
Employment, or until the Participant attains sixty-five years of age; provided
that, the installment payment period can never extend more than ten years
following Termination of Employment. For example, the installment payout period
of a Participant who elected to defer the commencement of installment payments
for four years could not exceed six years.

     An election to defer the payment of benefits shall be made in writing, in a
form prescribed by the Plan Administrator, not later than six months before
payment would normally commence in accordance with this Section. Such an
election shall be irrevocable.

     4.3 Death Benefits. Each Participant entitled to a Benefit Amount under
this Supplemental Pension Plan shall be entitled to a death benefit equal to the
entire Benefit Amount of the Participant, whether or not vested. Such benefit
shall be payable to the Beneficiary of the Participant in a single lump sum as
soon as administratively feasible after the death of the Participant.

     Each Participant may designate a Beneficiary or Beneficiaries
(contingently, consecutively, or successively) of a death benefit and, from time
to time, may change his or her designated Beneficiary. A Beneficiary may be a
trust. A beneficiary designation shall be made

                                       7

<PAGE>

in writing in a form prescribed by the Plan Administrator and delivered to the
Plan Administrator while the Participant is alive. If there is no designated
Beneficiary surviving at the death of a Participant, payment of any death
benefit of the Participant shall be made to the persons and in the proportions
which any death benefit under the CIP Plan is or would be payable.

                                       8

<PAGE>

                                    ARTICLE V
                               SOURCES OF PAYMENTS

     Benefits payable under this Supplemental Pension Plan shall be paid by the
Employer of each Eligible Participant out of its general assets (except as
provided below with respect to a Rabbi Trust). Obligations to pay benefits due
Eligible Participants under the Supplemental Pension Plan shall be the primary
obligation of the Employer. An Eligible Participant shall not have any rights
with respect to benefits from the Employer under the Supplemental Pension Plan
other than the unsecured right to receive payments from the Employer. The
Benefit Amount, as described in Section 3.5, defines the amount payable by the
Employer to a Participant under this Supplemental Pension Plan.

     Except for the obligation to contribute amounts to the Supplemental Savings
and Pension Trust, an Employer shall not be obligated to set aside, earmark or
escrow any funds or other assets to satisfy its obligation under this
Supplemental Pension Plan. Any benefit payable in accordance with the terms of
this Supplemental Pension Plan shall not be represented by a note or any
evidence of indebtedness other than the promises contained in this Supplemental
Pension Plan and the right to receive payments from the Supplemental Savings and
Pension Trust.

     The Supplemental Savings and Pension Trust, and any other trust established
by the Employer to assist the Employer in meeting its obligations under this
Plan, shall conform in substance to the terms of the model trust described in
Revenue Procedure 92-64 with respect to the claim of Participants to assets of
the Employer and such trust. Payment from the Rabbi Trust of amounts due under
the terms of this Supplemental Pension Plan shall satisfy the obligation of the
Employer to make such payment out of its general assets. In no event shall any
Eligible Participant be entitled to receive payment of an amount from the
general assets of the Employer that the Eligible Participant received from the
Rabbi Trust.

                                   ARTICLE VI
                               PLAN ADMINISTRATOR

     6.1 Plan Administrator. The Supplemental Pension Plan shall be administered
by the person or Committee appointed by Silgan Plastics Corporation to be Plan
Administrator of the Pension Plan. The Plan Administrator so appointed shall
have all of the authority, rights and duties to administer the Supplemental
Pension Plan as is assigned to the Plan Administrator of the Pension Plan. The
Plan Administrator may adopt such rules as it may deem necessary, desirable and
appropriate to administer the Supplemental Pension Plan. Except as provided in
the Rabbi Trust, the decisions of the Plan Administrator, including but not
limited to interpretations and determinations of amounts due under this
Supplemental Pension Plan, shall be final and binding on all parties.

     6.2 Standard of Conduct. The Plan Administrator shall perform its duties as
the Plan Administrator and in its sole discretion shall determine what is
appropriate in light of the reason

                                       9

<PAGE>

and purpose for which the Supplemental Pension Plan is established and
maintained. Except as provided in the Rabbi Trust, the interpretation of all
plan provisions and the determination of whether a Participant or Beneficiary is
entitled to any benefit pursuant to the terms of the Supplemental Pension Plan,
shall be exercised by the Plan Administrator in its sole discretion.

     Any Employer that adopts and maintains this Supplemental Pension Plan
hereby consents to actions of the Plan Administrator made in its sole
discretion.

                                   ARTICLE VII
                            NONALIENATION OF BENEFITS

     Except as may be required by the federal income tax withholding provisions
of the Code or by the tax laws of any State, the interests of Eligible
Participants and their beneficiaries under this Supplemental Pension Plan are
not subject to the claims of their creditors and may not be voluntarily or
involuntarily sold, transferred, alienated, assigned, pledged, anticipated, or
encumbered. Any attempt by an Eligible Participant, his beneficiary, or any
other person to sell, transfer, alienate, assign, pledge, anticipate, encumber,
charge or otherwise dispose of any right to benefits payable hereunder shall be
void. The Employer may cancel and refuse to pay any portion of a benefit which
is sold, transferred, alienated, assigned, pledged, anticipated or encumbered.

                                  ARTICLE VIII
                            AMENDMENT AND TERMINATION

     Silgan Plastics Corporation reserves the right to amend, alter or
discontinue this Supplemental Pension Plan at any time; provided that no such
amendment may eliminate or diminish the benefit to which any Eligible
Participant would have been entitled under this Plan if such Participant had
incurred a Termination of Employment immediately before the adoption of such
amendment. Such action may be taken by any officer of Silgan who has been duly
authorized by the Board of Directors of Silgan to perform acts of such kind. In
the event no officer of Silgan has been duly authorized, the Vice President,
Administration and Human Resources, of Silgan may take any such action.

                                   ARTICLE IX
                               GENERAL PROVISIONS

     9.1 Plan Not a Contract of Employment. This Supplemental Pension Plan does
not constitute a contract of employment, and participation in the Supplemental
Pension Plan will not give any Eligible Participant the right to be retained in
the employment of any of the Employers.

     9.2 Construction of Terms. Words of gender shall include persons and
entities of

                                       10

<PAGE>

any gender, the plural shall include the singular, and the singular shall
include the plural. Section headings exist for reference purposes only, and
shall not be construed as part of the Supplemental Pension Plan.

     9.3 Successors. The provisions of this Supplemental Pension Plan shall be
binding upon the Employers and their successors and assigns and upon every
Eligible Participant and his heirs, beneficiaries, estates and legal
representatives.

     9.4 Official Actions. Any action required or permitted to be taken by
Silgan Plastics Corporation pursuant to the Supplemental Pension Plan may be
performed by the Vice President, Administration and Human Resources, or by any
other officer or committee of Silgan which has been duly authorized by the Board
of Directors to take actions of that kind.

     9.5 Controlling State Law. To the extent not superseded by the laws of the
United States, the laws of the State of Missouri shall be controlling in all
matters relating to this Supplemental Pension Plan.

     9.6 Severability. In case any provision of this Supplemental Pension Plan
shall be held illegal or invalid for any reason, such illegality or invalidity
shall not affect the remaining provisions of the Supplemental Pension Plan, and
the Supplemental Pension Plan shall be construed and enforced as if such illegal
and invalid provisions had never been set forth.

     9.7 Withholding. The Employer shall withhold from amounts due under this
Supplemental Pension Plan, the amount necessary to enable the Employer to remit
to the appropriate government entity or entities on behalf of the Eligible
Participant as may be required by the federal income tax withholding provisions
of the Code, by an applicable state's income tax, or by an applicable city,
county or municipality's earnings or income tax act. The Employer shall withhold
from the payroll of, or collect from, an Eligible Participant the amount
necessary to remit on behalf of the Eligible Participant any FICA taxes which
may be required with respect to amounts accrued by an Eligible Participant
hereunder, as determined by the Employer.

     IN WITNESS WHEREOF, Silgan Plastics Corporation has adopted the foregoing
instrument this 12 day of February, 1997.

                                    SILGAN PLASTICS CORPORATION

                                    By: /s/ Howard H. Cole
                                        ----------------------------------------

                                    Title: Vice President HR & Adm
                                           -------------------------------------

                                       11

<PAGE>
                                FIRST AMENDMENT
                          SILGAN PLASTICS SUPPLEMENTAL
                            SAVINGS AND PENSION PLAN
                                1997 RESTATEMENT

     The Silgan Plastics  Supplemental Savings and Pension Plan (the "Plan") was
initially  adopted effective April 29, 1996. The Plan has been amended from time
to time, most recently in the form of the 1997 Restatement.

     Silgan  Plastics  Corporation  now wishes to amend the 1997  Restatement to
provide a special rule for  calculating the Annual  Contribution  Amount for the
2001 Plan Year.

     NOW,  THEREFORE,  effective  January  1, 2002,  Section  3.2 of the Plan is
hereby amended to read in its entirety as follows:

     3.2 Annual  Contribution  Amount. As of the end of each Plan Year, the Plan
Administrator  shall  determine the annual  Supplemental  Employer  Contribution
amount, if any, for each Eligible Participant, as follows:

     (a)  First,  calculate the amount  accrued under the  Supplemental  Pension
          Formula  set forth in Section 3.3 below as of the end of the Plan Year
          in the form of a Single Life Annuity payable monthly  beginning at age
          65;  provided that, for the Plan Year ending  December 31, 2001,  such
          calculation shall be based on the Compensation Limitation in effect as
          of January 1, 2002 ($200,000 for all computation years);

     (b)  Second,  subtract  from such  monthly  amount the highest such monthly
          benefit  determined for such Participant as of the end of any previous
          Plan Year that resulted in a contribution to the Supplemental  Pension
          Account of such Participant under this Plan;

     (c)  Third,  determine  the lump sum present value of such  difference,  if
          any, using the applicable mortality table and applicable interest rate
          prescribed in Section  417(e) of the Internal  Revenue Code of 1986 in
          effect  as of the  end  of  such  Plan  Year.  For  this  purpose  the
          applicable  interest  rate  stability  period shall be monthly and the
          lookback  month shall be the third full calendar  month  preceding the
          stability period.

Solely in the case of an Eligible  Participant who retires while eligible for an
Early Retirement  Benefit under Section 5.2 of the Pension Plan, as of the Early
Retirement Date of the  Participant,  the Plan  Administrator  shall determine a
special Supplemental Employer Contribution amount, if any, for such Participant,
as follows:

     (a)  First,  calculate the amount  accrued under the  Supplemental  Pension
          Formula set forth in Section 3.3 below as of the Early Retirement Date
          of the  Participant  in the

<PAGE>

                                                     Silgan Plastics Corporation
                                                                 First Amendment
                                           Supplemental Savings and Pension Plan
                                                                1997 Restatement

================================================================================

          form of a Single Life Annuity payable monthly  beginning at such Early
          Retirement Date;

     (b)  Second,  determine the lump sum present value of such benefit, if any,
          using the  applicable  mortality  table and  applicable  interest rate
          prescribed in Section  417(e) of the Internal  Revenue Code of 1986 in
          effect as of the end of such Plan Year, using the stability period and
          lookback month described above;

     (c)  Third,  subtract  from such lump sum  amount  the lump  present  value
          calculated pursuant to the immediately  preceding  subparagraph of the
          amount  accrued under the  Supplemental  Pension  Formula set forth in
          Section  3.3  below,  in the form of a  Single  Life  Annuity  payable
          monthly  beginning  at age 65, as of January 1 following of the end of
          the Plan Year that immediately precedes such Early Retirement Date.

If the Early  Retirement Date of a Participant  coincides with the last day of a
Plan Year, the special Early Retirement amount calculated above shall be in lieu
of, and not in addition to, the normal annual Supplemental Employer Contribution
for that Plan Year.

     IN WITNESS  WHEREOF,  Silgan  Plastics  Corporation  has adopted this First
Amendment this 4 day of December, 2001.

                          SILGAN PLASTICS CORPORATION

                          By:  /s/ H.H. Cole
                               -------------------------------------------------
                               Howard H. Cole
                               Vice President-Human Resources and Administration

<PAGE>

                                SECOND AMENDMENT
                          SILGAN PLASTICS SUPPLEMENTAL
                            SAVINGS AND PENSION PLAN
                                1997 RESTATEMENT

     The Silgan Plastics  Supplemental Savings and Pension Plan (the "Plan") was
initially  adopted effective April 29, 1996. The Plan has been amended from time
to time, most recently in the form of the 1997 Restatement and a First Amendment
to such Restatement.

     Silgan  Plastics  Corporation  now  wishes  to amend  the 1997  Restatement
further to change the interest rate for computing benefit accruals.

     NOW,  THEREFORE,  effective  January  1, 2003,  Section  3.2 of the Plan is
hereby amended to read in its entirety as follows:

     3.2 Annual  Contribution  Amount. As of the end of each Plan Year, the Plan
Administrator  shall  determine the annual  Supplemental  Employer  Contribution
amount, if any, for each Eligible Participant, as follows:

     (a)  First,  calculate the amount  accrued under the  Supplemental  Pension
          Formula  set forth in Section 3.3 below as of the end of the Plan Year
          in the form of a Single Life Annuity payable monthly  beginning at age
          65;

     (b)  Second,  subtract  from such  monthly  amount the highest such monthly
          benefit  determined for such Participant as of the end of any previous
          Plan Year that resulted in a contribution to the Supplemental  Pension
          Account of such Participant under this Plan;

     (c)  Third,  determine  the lump sum present value of such  difference,  if
          any, using the applicable mortality table prescribed in Section 417(e)
          of the  Internal  Revenue Code of 1986 in effect as of the end of such
          Plan Year and an interest rate of 8%.

Solely in the case of an Eligible  Participant who retires while eligible for an
Early Retirement  Benefit under Section 5.2 of the Pension Plan, as of the Early
Retirement Date of the  Participant,  the Plan  Administrator  shall determine a
special Supplemental Employer Contribution amount, if any, for such Participant,
as follows:

     (a)  First,  calculate the amount  accrued under the  Supplemental  Pension
          Formula set forth in Section 3.3 below as of the Early Retirement Date
          of the  Participant  in the  form of a  Single  Life  Annuity  payable
          monthly beginning at such Early Retirement Date;

<PAGE>

                                                     Silgan Plastics Corporation
                                                                Second Amendment
                                           Supplemental Savings and Pension Plan
                                                                1997 Restatement

================================================================================

     (b)  Second,  determine the lump sum present value of such benefit, if any,
          using the applicable  mortality table  prescribed in Section 417(e) of
          the Internal Revenue Code of 1986 in effect as of the end of such Plan
          Year and an interest rate of 8%;

     (c)  Third,  subtract  from such lump sum  amount  the lump  present  value
          calculated pursuant to the immediately  preceding  subparagraph of the
          amount  accrued under the  Supplemental  Pension  Formula set forth in
          Section  3.3  below,  in the form of a  Single  Life  Annuity  payable
          monthly  beginning  at age 65, as of January 1 following of the end of
          the Plan Year that immediately precedes such Early Retirement Date.

If the Early  Retirement Date of a Participant  coincides with the last day of a
Plan Year, the special Early Retirement amount calculated above shall be in lieu
of, and not in addition to, the normal annual Supplemental Employer Contribution
for that Plan Year.

     IN WITNESS  WHEREOF,  Silgan  Plastics  Corporation has adopted this Second
Amendment this 11th day of December, 2003.

                         SILGAN PLASTICS CORPORATION

                         By:   /s/ H.H. Cole
                               -------------------------------------------------
                               Howard H. Cole
                               Vice President-Human Resources and Administration

<PAGE>

                          SILGAN PLASTICS SUPPLEMENTAL

                            SAVINGS AND PENSION PLAN

                          CONTRIBUTORY RETIREMENT PLAN

                                2008 Restatement

                                       1
<PAGE>

                          SILGAN PLASTICS SUPPLEMENTAL
                            SAVINGS AND PENSION PLAN

                          CONTRIBUTORY RETIREMENT PLAN

                                    ARTICLE I
                            ESTABLISHMENT AND PURPOSE

     1.1 History and Structure.  The Silgan  Plastics  Supplemental  Savings and
Pension Plan was comprised of two components:  the Contributory  Retirement Plan
and  the  Supplemental  Pension  Plan.  The  Contributory  Retirement  Plan  was
established  in  April,  1995.  The Plan was  amended  from  time to time,  most
recently in the form of a 2000 Restatement.

     The  account  balances in the plan were  frozen as of  December  31,  2004,
except  for  adjustments  for  earning  and  losses,  because  of ss.409A of the
Internal  Revenue  Code  enacted  by the  American  Jobs  Creation  Act of 2004.
Contributions  after 2004 were credited to separate  accounts designed to comply
with ss.409A.  This 2008 Restatement governs payment of amounts credited to such
separate accounts.

     1.2  Purpose.  This  Contributory  Retirement  Plan is  intended to provide
benefits to employees  whose  participation  in the  qualified  Silgan  Plastics
Corporation  Compensation Investment Plan (the "CIP Plan") is limited because of
certain  discrimination  rules and limitations  imposed by the Internal  Revenue
Code on qualified plans.

     1.3 Type of Plan. For federal income tax purposes, the 2005 Silgan Plastics
Supplemental  Savings and Pension Plan,  including this Contributory  Retirement
Plan component,  is intended to be a nonqualified unfunded deferred compensation
plan.  For  purposes of the  Employee  Retirement  Income  Security  Act of 1974
("ERISA")  the Plan is  intended  to be a plan  described  in  Sections  201(2),
301(a)(3)  and  401(a)(1)  of ERISA  providing  benefits  to a  select  group of
management or highly compensated employees.

     1.4 Eligible  Participants.  This  Contributory  Retirement  Plan  provides
benefits to those  individuals  who are  actively  employed  by Silgan  Plastics
Corporation  and whose  participation  in the CIP Plan is  limited  because  the
Employee  is  a  participant  in  the  Silgan  Plastics  Corporation  Management
Incentive Plan.

     1.5 Effect of Restatement.  This 2008  Restatement is effective  January 1,
2008, except as otherwise explicitly provided in this document.

     The Contributory  Retirement Plan as in effect on October 3, 2004,  without
regard to this  amendment  and  restatement,  is referred to herein as the Prior
Plan. Each Participant's Accounts as of December 31, 2004, without regard to any
credits for  contributions  or  transfers  as  described in Sections 4.1 and 4.2
thereafter,  but as adjusted for earnings or losses in  accordance  with Section
4.8 from time to time, are referred to as the Grandfathered Accounts. Payment of
benefits credited to Grandfathered Accounts shall be governed by the Prior Plan.

                                       2

<PAGE>

     Contributions or transfers as described in Sections 4.1 and 4.2 for periods
on and after  January 1, 2005,  as adjusted for earnings or losses in accordance
with Section 4.8, are credited to separate  accounts.  Payment of amounts during
the   period   after  2004  and  before   2008  that  were   credited   to  such
non-grandfathered  accounts were  administered  in accordance  with a good faith
interpretation of ss.409A, as documented in part in interim plan documents, plan
summaries and administration forms.

     On and  after  January  1,  2008,  payment  of  amounts  credited  to  such
non-grandfathered  accounts  shall be  governed  by this  2008  Restatement,  as
amended from time to time.

                                   ARTICLE II
                                   DEFINITIONS

     2.1 (a) Unless otherwise  expressly  defined by the terms or the context of
this  Contributory   Retirement  Plan,  the  terms  used  in  this  Contributory
Retirement Plan shall have the same meanings as those terms in the CIP Plan.

         (b) "Accounting Date" is defined in Section 4.8.

         (c) "Benefit  Amount"  shall mean the amount  payable to a  Participant
pursuant to this  Contributory  Retirement Plan, which is the amount credited to
the account of a Participant from time to time in accordance with Article IV.

         (d)  "Contributory   Retirement  Trust"  shall  mean  the  Contributory
Retirement  Trust,  which is a  component  of the Silgan  Plastics  Supplemental
Savings and Pension  Trust,  a Rabbi Trust that is  disregarded  for purposes of
ERISA and is not treated as a separate  taxpayer  entity for federal  income tax
purposes.

         (e) "Covered  Compensation"  shall mean Compensation of the Participant
as defined in the CIP Plan paid by an  Employer  or an  Affiliate,  but  without
regard to the Section 401(a)(17) limit.

         (f)  "Eligible  Employee"  shall mean an  Employee  first  hired by the
Employer  prior to January 1, 2008 who is actively  employed by Silgan  Plastics
Corporation  and whose  participation  in the CIP Plan is  limited  because  the
Employee  is  a  participant  in  the  Silgan  Plastics  Corporation  Management
Incentive Plan.

         (g) "Employer" shall mean Silgan Plastics Corporation and any successor
thereto  or  business  that  assumes  the  obligations  of such  corporation  or
business.

         (h) "Fund" or "Funds" means the investments  that determine the gain or
loss allocable to each Account described in Section 4.4.

         (i) "Grandfathered  Account" shall mean the Account of a Participant as
of  December  31,  2004,  without  regard to any credits  for  contributions  or
transfers as described in Sections 4.1 and 4.2  thereafter,  but as adjusted for
earnings or losses in accordance with Section 4.8 from time to time.

                                       3

<PAGE>

         (j)  "Specified  Employee"  shall mean a key  employee  (as  defined in
section Code 416(i)  without regard to paragraph (5) thereof) of the Employer or
entity or  organization  that would be  considered  a single  employer  with the
Employer pursuant to Code ss.ss.414(b) of 414(c), any stock of which is publicly
traded on an established  securities market or otherwise. A Participant is a key
employee if the Participant  meets the requirements of Code  ss.416(i)(1)(A)(i),
(ii) or (iii)  (applied  in  accordance  with  the  regulations  thereunder  and
disregarding  Code  ss.416(i)(5))  at any time during the 12 month period ending
each  December  31. If a  Participant  is a key  employee at any time during the
12-month  period  ending on such  December 31, the  Participant  is treated as a
Specified  Employee for the 12-month period  beginning on the following April 1.
Whether  any stock is publicly  traded on an  established  securities  market or
otherwise must be determined as of the date of the Participant's  Termination of
Employment.

         (k)  "Termination of Employment"  shall mean  termination of employment
from the  Employer and its  Affiliates  (generally  50% common  control with the
Employer),  as  defined  in IRS  regulations  under  Section  409A  of the  Code
(generally, a decrease in the performance of services to no more than 20% of the
average for the preceding 36-month period, and disregarding leave of absences up
to six months where there is a reasonable expectation the Employee will return).

                                   ARTICLE III
                                  PARTICIPATION

     An Employee who is or was an Eligible  Employee  shall be a Participant  in
this  Contributory  Retirement  Plan for each  calendar year after the effective
date of the Plan during which such Employee became an Eligible Employee and each
subsequent calendar year.

                                   ARTICLE IV
                           RETIREMENT SAVINGS BENEFITS

     4.1 Employee  Contributions.  Each  Participant  may elect to contribute to
this   Contributory   Retirement  Plan  for  a  calendar  year  through  payroll
withholding an amount (expressed in whole  percentages of Covered  Compensation)
up to 10% of Covered Compensation.

     The election must be delivered to the Plan  Administrator in writing before
the  beginning  of the  calendar  year during  which the services for which such
Covered Compensation is paid are performed.  The election for each calendar year
shall be irrevocable  for the calendar year as of the beginning of such year and
shall  apply to all Covered  Compensation  for  services  rendered in such year;
except that a Participant may cancel a deferral  election  because of a hardship
distribution from a cash or deferred profit sharing plan that is qualified under
Section 401(k) of the Internal  Revenue Code. If an election is canceled because
of a hardship distribution,  any later deferral election shall be subject to the
provisions governing initial deferral elections.

     If an  individual  becomes an  Eligible  Employee  on a date other than the
first  day of a  calendar  year and  such  individual  has not at any time  been
eligible to  participate  in any other  elective  account  balance  nonqualified
deferred compensation  arrangement  (determined pursuant

                                       4

<PAGE>

to Code ss.409A) of the Employer or any other entity or organization  with which
the  Employer  would be  considered  to be a single  employer  pursuant  to Code
ss.ss.414(b)  or 414(c),  the election  may be  completed  within 30 days of the
Eligible Employee's initial eligibility date. In no event shall a Participant be
permitted  to defer  Covered  Compensation  with  respect to services  performed
before the date on which the election is signed by the  Participant and accepted
by the Plan Administrator.

     An election  made pursuant to this Section must be in writing and in a form
acceptable to the Plan Administrator. The Plan Administrator, in its discretion,
may prescribe appropriate election rules and procedures; provided that elections
for a calendar  year must be made not later  than the last day of the  preceding
calendar year,  except as permitted by IRS regulations under Section 409A of the
Internal Revenue Code. At the time of the deferral election,  each employee must
also select the distribution method in accordance with Article V.

     4.2 Company Matching  Credits.  The Employer shall credit a matching amount
for each Participant  under this  Contributory  Retirement Plan equal to 50% the
Participant's  Covered  Compensation  contributed  by  the  Participant  through
payroll withholding in accordance with Section 4.1.

     In addition to such  matching  contributions,  the  Employer  shall  credit
contributions  made pursuant to the  Supplemental  Pension Plan for Participants
entitled to a contribution in accordance with the terms of such Plan.

     4.3  Transfer  of  Funds.   The  Employer   shall   transfer  the  Employee
Contributions  made in accordance  with Section 4.1 in cash to the  Contributory
Retirement  Trust as soon as  administratively  feasible  after  the  amount  is
withheld from payroll,  but no less frequently than quarterly;  and the Employer
shall transfer the Company  Matching Credits made in accordance with Section 4.2
on behalf of each  Participant in cash to the  Contributory  Retirement Trust as
soon as administratively feasible, but no less frequently than annually.

     4.4 Participant's Accounts. A separate "Grandfathered  Account", a separate
"Salary Reduction Account" and a separate "Company Account" shall be established
and  maintained  for  each  Participant  (collectively,   the  "Accounts").  The
Grandfathered  Account will reflect the Benefit  Amount as determined  under the
Prior Plan, with investment earnings credited thereon.  After December 31, 2004,
the Plan  Administrator  shall credit the dollar amount of the salary  reduction
Employee  Contribution  of  each  Participant  for  each  calendar  year  to the
Participant's Salary Reduction Account; and the amount of Matching Contributions
and contributions pursuant to the Supplemental Pension Plan for each Participant
for each calendar year to the Participant's Company Account.

     4.5 Directed Investments.  Each Participant shall be entitled to direct the
manner in which the amount credited to his or her Accounts is invested among the
Funds that are available for Participant directed investments, which Funds shall
be  determined by the Plan  Administrator  in its sole  discretion  from time to
time.  The Plan  Administrator  may  designate  different  Funds  for  different
Participants or classes of  Participants.  The Plan  Administrator  reserves the
right to change any investment options that may be established  pursuant to this
Section, including the right to eliminate particular Funds.

                                       5

<PAGE>

     Such  investments  shall remain the property of the Employer  until paid to
the  Participant  pursuant to the  provisions of this Plan or  transferred  to a
trust as  described in Article VI. The  performance  of such  investments  shall
determine the amount  payable to each  Participant  under this Plan from time to
time.

     Each  Participant  shall direct the  investment of all amounts  credited to
each of his or her Deferral  Accounts in any one or a combination of such Funds.
A Participant may direct the investment of a portion of the balance  credited to
the Accounts in one Fund and the remaining portion in another Fund in accordance
with procedures established by the Plan Administrator.

     An investment direction shall specify the particular Fund or Funds in which
new contributions credited to the Accounts of a Participant shall be invested. A
Participant also may change his or her investment  directions for existing Funds
in accordance with procedures established by the Plan Administrator.

     Investment directions by a Participant shall cover the full amount credited
to his Accounts. The Employer shall have no responsibility for the investment of
amounts credited to the Accounts.  Expenses  directly  allocable to execution of
directed investment transactions and administration with respect to the Accounts
may be charged to such account.

     4.6 Investment  Direction  Procedures.  The Plan  Administrator in its sole
discretion  may  establish  conditions,   rules  and  procedures  for  directing
investments by Participants,  including,  but not limited to, limits on the time
and frequency of changing investment  directions.  The Plan Administrator in its
sole discretion also may establish  "black-out" periods,  when specified changes
are  not  permitted,  to  facilitate  changes  in  the  available  Funds  or the
recordkeeping   system.   Such   conditions,   rules  and  procedures  shall  be
disseminated in a manner  reasonably  determined to be available to all affected
Participants  in a reasonable  time before the effective date of such condition,
rule or procedure.

     4.7 Vesting.  The amount credited from time to time to the Salary Reduction
Account of a Participant  shall be fully vested and  nonforfeitable.  The amount
credited  from time to time to the  Company  Account of a  Participant  shall be
vested at the same rate as "Employer  Matching  Contributions" are vested in the
CIP Plan.

     Payment to a Participant of the vested portion of his or her Benefit Amount
shall  constitute  payment  in full of the  entire  benefit  or  amount  due the
Participant under this Contributory Retirement Plan.

     4.8  Adjustment  to  Accounts.  The amount  allocated  to the  Accounts  of
Participants  shall be adjusted  no less  frequently  than  annually by the Plan
Administrator to reflect earnings, losses,  distributions,  investment transfers
and any other  transactions  attributable to the investment in the  Contributory
Retirement Trust of the amounts  allocated to the Accounts of each  Participant.
The Plan Administrator  shall establish such accounting and recordkeeping  rules
and procedures as are reasonable in the circumstances (such as the nature of the
Trust  investments) as it in its discretion shall determine;  provided that such
rules and  procedures  shall be applied  uniformly  to  Participants  in similar
circumstances.  A date as of which the Accounts of Participants  are so adjusted
is referred to in this Plan as an "Accounting Date."

                                       6

<PAGE>

         The amount credited to the Accounts of a Participant from time to time
as of the most recent Accounting Date shall constitute the Benefit Amount of the
Participant at such time.

                                    ARTICLE V
                               PAYMENT OF BENEFITS

     5.1 Time and Form of Payment.  The Benefit Amount of a Participant normally
shall become payable on the  Termination of Employment of the Participant in the
form of a lump sum distribution.

     Notwithstanding  anything to the  contrary in this Plan,  no portion of the
Benefit  Amount  may be paid to a  Specified  Employee  until six  months  after
Termination of Employment of the Participant,  or, if earlier, the date of death
of the Participant.

     A  Participant  may elect to defer  receipt of a lump sum payment until the
sixth or any later  January  after his of her  Termination  of  Employment  that
occurs before the Participant attains sixty-five years of age.

     A Participant  may elect to receive  deferred  installment  payments over a
period of up to ten years  beginning in the sixth  January or any later  January
after his of her Termination of Employment.  The installment  payment period can
never extend more than fifteen years  following  Termination of Employment.  For
example, the installment payout period of a Participant who elected to defer the
commencement of installment  payments for ten years could not exceed five years.
The amount of each  installment  payment shall be determined under the declining
balance  accounting method. For example, a five year installment payout would be
paid as follows:  1/5 of the  Installment  Amount in the first year;  1/4 of the
remaining   Installment  Amount  in  the  second  year;  1/3  of  the  remaining
Installment Amount in the third year; 1/2 of the remaining Installment Amount in
the fourth  year;  and the balance of the  remaining  Installment  Amount in the
fifth year.

     Each Participant's Account (other than the Grandfathered  Account) shall be
bifurcated  into  separate  halves for purposes of such  deferral  elections.  A
Participant  may elect  installment  payments  with  respect to each half of the
Participant's Account independently of the election, if any, with respect to the
other half.

     An  election  to  defer  the  payment  of a lump  sum or to  take  deferred
installment  payments shall be made in writing, in a form prescribed by the Plan
Administrator,  not  later  than  twelve  months  before  payment  is  otherwise
scheduled to commence in accordance with this Section.  Any such election may be
revoked until twelve months  before a payment is to commence.  In addition,  any
election or  revocation  will have no effect until twelve  months after the date
such election or revocation is made.  For the purposes of subsequent  changes in
the time and form of payment  under  Section 409A of the Code,  the right to the
series  of  installment  payments  shall  be  treated  as the  right to a single
payment.

     5.2  Actual  Date of  Payment.  An amount  payable on a date  specified  in
Section 5.1 shall be paid as soon as administratively  feasible after such date;
but no later  than the  later of

                                       7

<PAGE>

(a) the end of the calendar year in which the specified date occurs;  or (b) the
15th day of the third  calendar  month  following  such  specified  date and the
Participant  (or  Beneficiary) is not permitted to designate the taxable year of
the payment.  The payment date may be postponed  further if  calculation  of the
amount of the payment is not  administratively  practicable due to events beyond
the control of the Participant (or Beneficiary),  and the payment is made in the
first  calendar  year in which the  calculation  of the amount of the payment is
administratively practicable.

     The Benefit Amount due the Participant shall be the balance credited to the
Account of the Participant on the actual date of payment.

     5.3 Death  Benefits.  Each  Participant  entitled to a Benefit Amount under
this Contributory  Retirement Plan shall be entitled to a death benefit equal to
the  entire  Benefit  Amount of the  Participant,  whether or not  vested.  Such
benefit shall be payable to the  Beneficiary of the Participant in a single lump
sum as soon as administratively feasible after the death of the Participant.

     Each   Participant   may   designate   a   Beneficiary   or   Beneficiaries
(contingently, consecutively, or successively) of a death benefit and, from time
to time, may change his or her designated  Beneficiary.  A Beneficiary  may be a
trust. A beneficiary  designation  shall be made in writing in a form prescribed
by the Plan  Administrator  and  delivered to the Plan  Administrator  while the
Participant  is alive.  If there is no designated  Beneficiary  surviving at the
death of a Participant, payment of any death benefit of the Participant shall be
made to the persons and in the proportions which any death benefit under the CIP
Plan is or would be payable.

     5.4 Grandfathered Account. Payment of amounts credited to the Grandfathered
Account  of a  Participant  shall be made  under the  terms of the  Prior  Plan,
attached hereto as an appendix.

                                   ARTICLE VI
                               SOURCES OF PAYMENTS

     Benefits payable under this  Contributory  Retirement Plan shall be paid by
the Employer out of its general assets (except as provided below with respect to
the Contributory Retirement Trust). Obligations to pay benefits due Participants
under this Contributory  Retirement Plan shall be the primary  obligation of the
Employer.  A  Participant  shall not have any rights with  respect to payment of
benefits from the Employer under this  Contributory  Retirement  Plan other than
the unsecured right to receive  payments from the Employer.  The Benefit Amount,
as  described in Section  4.4,  defines the amount  payable by the Employer to a
Participant under this Contributory Retirement Plan.

     Except  for  the  obligation  to  contribute  amounts  to the  Contributory
Retirement  Trust,  an Employer shall not be obligated to set aside,  earmark or
escrow  any  funds  or  other  assets  to  satisfy  its  obligation  under  this
Contributory  Retirement  Plan. Any benefit payable in accordance with the terms
of this  Contributory  Retirement Plan shall not be represented by a

                                       8

<PAGE>

note or any evidence of indebtedness  other than the promises  contained in this
Contributory  Retirement  Plan  and the  right  to  receive  payments  from  the
Contributory Retirement Trust.

     The Contributory  Retirement  Trust, and any other trust  established by an
Employer  to assist the  Employer in meeting  its  obligations  under this Plan,
shall conform in substance to the terms of the model trust  described in Revenue
Procedure  92-64  with  respect  to the claim of  Participants  to assets of the
Employer  and such trust.  Payment  from the  Contributory  Retirement  Trust of
amounts due under the terms of this  Contributory  Retirement Plan shall satisfy
the  obligation of the Employer to make such payment out of its general  assets.
In no event shall any  Participant  be entitled to receive  payment of an amount
from the general  assets of an Employer that the  Participant  received from the
Contributory Retirement Trust.

                                   ARTICLE VII
                               PLAN ADMINISTRATOR

     7.1  Plan  Administrator.   This  Contributory  Retirement  Plan  shall  be
administered  by a  person  or  committee  appointed  by the  Employer  as  Plan
Administrator.  The  Plan  Administrator  so  appointed  shall  have  all of the
authority,  rights and duties to administer this Contributory Retirement Plan as
is assigned to the Plan  Administrator  of the CIP Plan. The Plan  Administrator
may adopt such rules as it may deem  necessary,  desirable  and  appropriate  to
administer  this  Contributory  Retirement  Plan.  The  decisions  of  the  Plan
Administrator,  including but not limited to interpretations  and determinations
of  amounts  due under this  Contributory  Retirement  Plan,  shall be final and
binding on all parties.

     7.2 Standard of Conduct. The Plan Administrator shall perform its duties as
the  Plan  Administrator  and in its sole  discretion  shall  determine  what is
appropriate  in light of the reason  and  purpose  for which  this  Contributory
Retirement Plan is established and maintained.  The  interpretation  of all plan
provisions  and the  determination  of whether a Participant  or  Beneficiary is
entitled to any benefit  pursuant to the terms of this  Contributory  Retirement
Plan, shall be exercised by the Plan Administrator.

                                  ARTICLE VIII
                            NONALIENATION OF BENEFITS

     Except as may be required by the federal income tax withholding  provisions
of the Code or by the laws of any State, the interests of Participants and their
Beneficiaries  under this  Contributory  Retirement  Plan are not subject to the
claims of their  creditors and may not be  voluntarily  or  involuntarily  sold,
transferred,  alienated,  assigned,  pledged,  anticipated,  or encumbered.  Any
attempt by a Participant or his Beneficiary to sell, transfer, alienate, assign,
pledge,  anticipate,  encumber,  charge  or  otherwise  dispose  of any right to
benefits payable  hereunder shall be void. The Employer may cancel and refuse to
pay any portion of a benefit which is sold,  transferred,  alienated,  assigned,
pledged, anticipated or encumbered.

     Distribution  pursuant to a domestic  relations order of all or any portion
of the Participant's vested Benefit Amount may be paid to an Alternate Payee (as
defined  in  Section  414(p) of the  Code)  who is a former  spouse in an amount
specified in such domestic relations

                                       9

<PAGE>

order in a lump-sum cash payment as soon as administratively  feasible after the
Plan  Administrator  determines that the order is a domestic relations order (as
defined in Section 414(p)(1)(B) of the Code).

                                   ARTICLE IX
                            AMENDMENT AND TERMINATION

     Silgan  Plastics   Corporation  reserves  the  right  to  amend,  alter  or
discontinue  this  Contributory  Retirement Plan at any time;  provided that, no
such  amendment may reduce the  entitlement  of a Participant  to payment of the
Benefit Amount of the  Participant  determined as of the time of such amendment.
Such action may be taken by the Silgan Plastics  Corporation  Employee  Benefits
Committee, or any other officer of Silgan Plastics Corporation who has been duly
authorized by its Board of Directors to perform acts of such kind.

                                    ARTICLE X
                               GENERAL PROVISIONS

     10.1 Plan Not a Contract of Employment.  This Contributory  Retirement Plan
does  not  constitute  a  contract  of  employment,  and  participation  in this
Contributory  Retirement  Plan  will not give any  Participant  the  right to be
retained in the employment of any of the Employer. The right of a Participant to
payment of a Benefit Amount  pursuant to this  Contributory  Retirement  Plan is
intended as a supplemental component of the overall employment agreement between
the Employer and the Participant.

     10.2 Successors.  The provisions of this Contributory Retirement Plan shall
be binding  upon the  Employer  and its  successors  and  assigns and upon every
Participant and his heirs, beneficiaries, estates and legal representatives.

     10.3  Official  Actions.  Any action  required  to be taken by the Board of
Directors  of  Silgan  Plastics   Corporation   pursuant  to  this  Contributory
Retirement  Plan  may be  performed  by  any  person  or  persons,  including  a
committee,  to which  the Board of  Directors  of  Silgan  Plastics  Corporation
delegates the authority to take actions of that kind.  Whenever  under the terms
of this  Contributory  Retirement  Plan an entity  corporation  is  permitted or
required  to take some  action.  Such  action  may be taken by an officer of the
corporation  who has been  duly  authorized  by the Board of  Directors  of such
corporation to take actions of that kind.

     10.4 Controlling State Law. To the extent not superseded by the laws of the
United  States,  the laws of the State of Missouri  shall be  controlling in all
matters relating to this Contributory Retirement Plan.

     10.5  Severability.  In case any provision of this Contributory  Retirement
Plan  shall be held  illegal or  invalid  for any  reason,  such  illegality  or
invalidity  shall not  affect  the  remaining  provisions  of this  Contributory
Retirement  Plan, and this  Contributory  Retirement Plan shall be construed and
enforced as if such illegal and invalid provisions had never been set forth.

                                       10

<PAGE>

     10.6  Withholding.  The Employer shall withhold from amounts due under this
Contributory  Retirement  Plan,  the amount  necessary to enable the Employer to
remit  to the  appropriate  government  entity  or  entities  on  behalf  of the
Participant as may be required by the federal income tax withholding  provisions
of the Code, by an  applicable  state's  income tax, or by an  applicable  city,
county or municipality's earnings or income tax act. The Employer shall withhold
from the payroll of, or collect  from,  a  Participant  the amount  necessary to
remit on behalf of the  Participant  any FICA taxes which may be  required  with
respect to amounts  accrued by a  Participant  hereunder,  as  determined by the
Employer.

     10.7 Rules of Construction.  The terms and provisions of this Plan shall be
construed according to the principles,  and in the priority, as follows:  first,
in  accordance  with the  meaning  under,  and  which  will  bring the Plan into
conformity with, section 409A of the Code; and secondly,  in accordance with the
laws of the  State  of  Missouri.  The Plan  shall  be  deemed  to  contain  the
provisions  necessary  to comply with such laws.  If any  provision of this Plan
shall be held illegal or invalid, the remaining provisions of this Plan shall be
construed as if such provision had never been included. Wherever applicable, the
masculine  pronoun as used herein shall include the  feminine,  and the singular
shall include the plural. The term profit shall mean profit or loss, as the case
may be, and the term credit shall mean credit or charge, as the case may be.

     IN WITNESS WHEREOF,  the undersigned  hereby certifies that Silgan Plastics
Corporation has duly adopted this Restatement.

                                   SILGAN PLASTICS CORPORATION

                                   By:     /s/ Amanda Poitra
                                           -------------------------------------

                                   Title:  VP - HR                             .
                                           -------------------------------------

                                   Date:   8/25/08                             .
                                           -------------------------------------

                                       11

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00158-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00158-of-00352.parquet"}]]