Document:

AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT

          This Amendment ("Amendment") dated as of September 30, 1999 is between
BE  Aerospace,  Inc.,  a  Delaware  corporation  (the  "Company")  and Thomas P.
McCaffrey (the "Executive"). The parties agree as follows:

     1. REFERENCE TO AGREEMENT: DEFINITIONS.  Reference is made to an Employment
Agreement  dated as of May 29, 1998,  as amended by Amendment  No. 1 dated as of
November  12, 1998,  between the Company and the  Executive  (the  "Agreement").
Terms defined in the Agreement and not otherwise  defined herein are used herein
with the meanings so defined.

     2. AMENDMENTS TO AGREEMENt. The Agreement is amended as follows,  effective
as of the date first  written above:

     2.1 AMENDMENT TO SECTION 2. Section 2 is hereby amended to read as follows:

     "3. TERM.  Executive shall provide to the Company services hereunder during
the term of this Agreement which,  unless otherwise  terminated  pursuant to the
provisions  of Article 5 hereof,  shall be the period ending on the later of (i)
May 28,  2003,  or,  (ii)  three (3) years from any date as of which the term is
being determined (the "Employment  Term"). The date on which the Employment Term
ends, including any extensions thereof, is sometimes  hereinafter referred to as
the "Expiration Date"."

     2.2 AMENDMENT TO SECTION 5(C).Clause (ii) of Section 5(c) is hereby amended
to read as follows:

                  "(ii) until the  Expiration  Date,  (a) pay to Executive or in
the event of Executive's  subsequent  death, such person as Executive shall have
designated in a notice filed with the Company,  or, if no such person shall have
been designated,  to Executive's  estate,  the highest annual Salary paid to the
Executive prior to the Termination  Date, (b) continue to provide Executive with
the medical, dental, disability and life insurance coverage, in the same amounts
and upon the same terms and conditions  provided pursuant to Section 4(d) hereof
immediately  prior to the  Termination  Date,  and (c)  continue  to provide the
Executive with the automobile allowance provided pursuant to Section 4(e) hereof
immediately prior to the Termination Date.

     2.3  Amendment  to Sections  5(e) and 5(f).  Sections  5(e) and 5(f) of the
Agreement are hereby amended in their entirety to read as follows:

     "5(e) Change of Control.

              (i) If a "Change of  Control"  of the  Company  occurs  during the
Employment  Term, and the Executive's  employment with the Company is terminated
for any  reason  (other  than by reason of the  Executive's  death  pursuant  to
Section 5(b) or incapacity pursuant to Section 5(c) after the Change of Control,
then the Company or its successors in interest shall:

              (a) Within thirty (30) days after the Termination Date, pay to the
Executive,  (or in the event of  Executive's  subsequent  death,  such person as
Executive  shall have  designated in a notice filed with the Company,  or, if no
such  person  shall have been  designated,  the  Executive's  estate) a lump sum
payment  equal to the sum of: (1) the  unpaid  Salary  payable to the  Executive
through the Expiration  Date, (2) the unpaid amount of any bonuses  declared to
be payable to the Executive for any fiscal  periods of the Company  ending prior
to the Termination Date, (3) two (2) times the Salary, determined at the highest
rate that was in effect at any time from the 180 day period preceding the Change
of Control  until the  Termination  Date (the "Highest  Salary"),  (4) an amount
equal to the  aggregate  amount of Salary,  determined  based  upon the  Highest
Salary,  that would have been payable for the period from the  Termination  Date
through the Expiration  Date, and (5) by the amount equal to (x) one-half of the
Executive's  Highest  Salary  multiplied (y) by the number of months from May 1,
1993 to the Termination Date divided by twelve (12), which lump sum shall not be
prorated and shall be paid in addition to the Severance Pay payable  pursuant to
Section 5(f), hereof.

     (b) until the  Expiration  Date,  provide  Executive  with  continued  life
insurance and disability and medical and dental  insurance  coverage in the same
amounts and upon the same terms and  conditions as in effect on his  Termination
Date,  or if  greater,  as those  provided  immediately  prior to the  Change of
Control,  and (d) continue to provide  Executive with the  automobile  allowance
provided  pursuant to Section  4(e)  hereof as of the  Termination  Date,  or if
greater, as provided immediately prior to the Change in Control;

     (c) provide that any stock options granted Executive that would not vest on
or prior to the  effective  date of the Change of Control  shall be  exercisable
immediately  upon the execution of any agreement that would  constitute a Change
in Control (regardless of whether such agreement is consummated), and such stock
options shall  continue to be  exercisable  until the later of their  expiration
date or the date on which  shares of the Company  are no longer  traded as such;
and

     (d) pay Executive the amount of any Gross-Up Payment payable by the Company
to the Executive under Section 5(h) hereof.

                (ii) For purposes of this provision, "Change of Control" means:

     (a) the entering into of any agreement  relating to a transaction or series
of related  transactions  involving the ownership of the Company that requires a
shareholder vote for the consummation of such transaction;

     (b)  Individuals  who,  as of  September  30, 1999 (the  "Effective  Date")
constitute the Board of Directors of the Company (the  "Incumbent  Board") cease
for any reason to  constitute  at least a majority of the Board of  Directors of
the Company,  provided  that any person  becoming a director  subsequent  to the
Effective  Date whose  election,  or  nomination  for election by the  Company's
shareholders,  was  approved by a vote of at least a majority  of the  directors
then  comprising the Incumbent Board (other than an election or nomination of an
individual whose initial assumption of office is in connection with an actual or
threatened  election  contest  relating to the election of the  directors of the
Company,  as such terms are used in Rule 14a-11 of  Regulation  14A  promulgated
under the  Securities  Exchange  Act) shall be, for purposes of this  Agreement,
considered as though such person were a member of the Incumbent Board;

     (c) the acquisition (other than from the Company) by any person,  entity or
"group",  within the meaning of Section  13(d)(3) or 14(d)(2) of the  Securities
Exchange  Act,  of 25% or more of  either  the then  outstanding  shares  of the
Company's  Common  Stock or the  combined  voting  power of the  Company's  then
outstanding  voting  securities  entitled to vote  generally  in the election of
directors (hereinafter referred to as the ownership of a "Controlling Interest")
excluding,  for  this  purpose,  any  acquisitions  by (1)  the  Company  or its
subsidiaries,  (2) any person,  entity or "group" that as of the Effective  Date
owns beneficial  ownership  (within the meaning of Rule 13d-3  promulgated under
the  Securities  Exchange  Act) of a  Controlling  Interest or (3) any  employee
benefit plan of the Company or its subsidiaries; or

     (d) The  sale or other  disposition  by the  Company  of 25% or more of the
value of its  assets  to any  person  or entity  that is not  controlled  by the
Company.

     (iii) The  obligations  of the Company  pursuant to this Section 5(e) shall
survive any termination of this Agreement or the  Executive's  employment or any
resignation of such employment by the Executive pursuant to this Section 5(e).

     (f) Severance Pay. If the  Executive's  employment  hereunder is terminated
for any  reason,  other than the  Executive's  death  pursuant  to Section  5(b)
hereof,  or the  Executive's  incapacity  pursuant to Section 5(c) hereof,  then
within  thirty (30) days after the  Executive's  Termination  Date,  the Company
shall pay to the Executive (or in the event of the Executive's subsequent death,
such person as the  Executive  shall have  designated in a notice filed with the
Company,  or, if no such  person  shall  have been  designated,  to  Executive's
estate) a lump sum amount equal to the Executive's annual Salary in effect as of
the Termination Date, which lump sum shall not be pro-rated.  The obligations of
the Company  pursuant to this Section 5(f) shall survive any termination of this
Agreement or the Executive's  employment as aforesaid,  and shall be in addition
to any amounts  payable to the Executive  pursuant to Section 5(e) hereof in the
event of a Change of Control of the Company."

     3.  Miscellaneous.  Except  as  amended  by this  Amendment,  all terms and
conditions  of the  Agreement  shall  remain  in full  force  and  effect.  This
Amendment may be executed in any number of  counterparts  which  together  shall
constitute one instrument, shall be governed by and construed in accordance with
the laws  (other  than the  conflict  of laws rules) of the State of Florida and
shall bind and inure to the benefit of the parties  hereto and their  respective
successors, assigns and heirs.

     IN WITNESS WHEREOF, the parties hereto have hereunto set their hands, as of
the date first written above.

                                Thomas P. McCaffrey

                                BE AEROSPACE, INC.BE Aerospace, Inc.
                        1994 Employee Stock Purchase Plan

         Financial Statements for the Years Ended February 29, 2000 and
         February 28, 1999, and Independent Auditors' Report

<PAGE>

BE AEROSPACE, INC.
1994 EMPLOYEE STOCK PURCHASE PLAN

TABLE OF CONTENTS

------------------------------------------------------------------------------
<TABLE>
<CAPTION>

                                                                        Page
<S>                                                                       <C>
INDEPENDENT AUDITORS' REPORT                                              1

FINANCIAL STATEMENTS:
Statements of net assets available for benefits
  as of February 29, 2000 and February 28, 1999                           2
Statements of changes in net assets available for benefits
  for the years ended February 29, 2000 and February 28, 1999             3
Notes to financial statements for the years ended
  February 29, 2000 and February 28, 1999                                 4
</TABLE>

All schedules  pursuant to the Department of Labor's rules and  regulations  are
omitted because of the absence of the conditions under which they are required.

<PAGE>

INDEPENDENT AUDITORS' REPORT

The Benefits Administrative Committee
BE Aerospace, Inc.
1994 Employee Stock Purchase Plan
Wellington, Florida

We have audited the accompanying statements of net assets available for benefits
of BE  Aerospace,  Inc.  1994  Employee  Stock  Purchase  Plan (the  Plan) as of
February 29, 2000 and February 28, 1999,  and the related  statements of changes
in net assets  available for benefits for the years then ended.  These financial
statements are the responsibility of the Plan's  Administrative  Committee.  Our
responsibility  is to express an opinion on these financial  statements based on
our audits.

We conducted our audits in accordance with auditing standards generally accepted
in the  United  States of  America.  Those  standards  require  that we plan and
perform the audit to obtain  reasonable  assurance  about  whether the financial
statements are free of material misstatement.  An audit includes examining, on a
test basis,  evidence  supporting  the amounts and  disclosures in the financial
statements.  An audit also includes assessing the accounting principles used and
significant  estimates  made by  management,  as well as evaluating  the overall
financial  statement  presentation.   We  believe  that  our  audits  provide  a
reasonable basis for our opinion.

In our  opinion,  such  financial  statements  present  fairly,  in all material
respects,  the net assets  available  for benefits of BE  Aerospace,  Inc.  1994
Employee  Stock Purchase Plan as of February 29, 2000 and February 28, 1999, and
the changes in net assets  available  for  benefits  for the years then ended in
conformity with accounting principles generally accepted in the United States of
America.

DELOITTE & TOUCHE LLP

Costa Mesa, California
April 7, 2000

<PAGE>

BE AEROSPACE, INC.
1994 EMPLOYEE STOCK PURCHASE PLAN

STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
AS OF FEBRUARY 29, 2000 AND FEBRUARY 28, 1999
-----------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                   2000            1999
                                                   ----            ----

<S>                                             <C>             <C>
ASSETS - Cash and cash equivalents              $ 1,024,881     $ 1,256,484

LIABILITIES - Stock subscribed                    1,021,363       1,255,781
                                                -----------     -----------
NOTE ASSETS AVAILABLE FOR BENEFITS              $     3,518     $       703
                                                ===========     ===========
</TABLE>

See notes to financial statements.

<PAGE>

B/E AEROSPACE, INC.
1994 EMPLOYEE STOCK PURCHASE PLAN

STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
FOR THE YEARS ENDED FEBRUARY 29, 2000 AND FEBRUARY 28, 1999

------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                        2000            1999
                                                        ----            ----
<S>                                               <C>               <C>
NET ASSETS AVAILABLE FOR BENEFITS,
  beginning of period                             $     703         $   5,070

ADDITIONS TO NET ASSETS ATTRIBUTED TO -
  Participant payroll deductions                  2,356,325         2,167,239

DEDUCTIONS FROM NET ASSETS ATTRIBUTED TO -
  Purchase of BE Aerospace common stock           2,353,510         2,171,606
                                                  ---------         ---------
NET ASSETS AVAILABLE FOR BENEFITS,
  end of period                                   $   3,518         $     703
                                                  =========         =========

</TABLE>

See notes to financial statements.

<PAGE>

BE AEROSPACE, INC.

1994 EMPLOYEE STOCK PURCHASE PLAN

NOTES TO FINANCIAL STATEMENTS
FOR THE YEARS ENDED FEBRUARY 29, 2000 AND FEBRUARY 28, 1999
-------------------------------------------------------------------------------

1.      GENERAL AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

        DESCRIPTION OF PLAN - Effective  April 1, 1994, BE Aerospace,  Inc. (the
        Company)  adopted the BE Aerospace,  Inc. 1994 Employee  Stock  Purchase
        Plan (the Plan).

        The Company is the Plan  sponsor.  All employees  (participants)  with a
        minimum  of 90 days'  service,  who  generally  complete a minimum of 20
        hours of service per week, are eligible to participate.  Under the Plan,
        contributions  are made by participants who choose to contribute from 2%
        to 15% of their total gross pay.

        Common stock of the Company is purchased  on  approximately  February 28
        and August 31. The purchase price is 85% of the lesser of the fair value
        of  either  the first day or last day of each  Option  Period,  which is
        approximately  six  months  in  length  ending  on each  purchase  date.
        Participants are allocated a pro rata share of stock consistent with the
        balance of the participant account. The stock is then issued by the Plan
        transfer  agent,  Boston  Equiserve,  directly to the  participant.  The
        maximum  number  of  shares  available  for  each  option  period  to an
        individual is the largest whole number of shares which,  when multiplied
        by the fair market  value of the Company  stock at the  beginning of the
        option period, produces a dollar amount of $12,500 or less.

        Stock Subscribed - The Plan issues the stock to participants  subsequent
        to the end of each  Option  Period  but dated the last day of the Option
        Period.  Therefore,  a liability for stock purchased by the Plan but not
        yet  distributed  to  the  participants  has  been  reflected  as  stock
        subscribed in the  accompanying  statements of net assets  available for
        benefits as of February 29, 2000 and February 28, 1999.

        Stock  purchased  by the Plan for the years ended  February 29, 2000 and
        February 28, 1999, was 241,645 and 151,931 shares, respectively.

        TERMINATION  BENEFITS AND VESTING - Upon  termination of employment with
        the Company,  a participant is entitled to receive all contributions not
        yet used to acquire stock of the Company.

        CASH AND CASH EQUIVALENTS - Cash and cash equivalents  consist of highly
        liquid  investments  purchased  with  original  maturities of 90 days or
        less.

        Income Tax - The Plan administrator  believes that the Plan is currently
        designed  and  being   operated  in  compliance   with  the   applicable
        requirements  of the Internal  Revenue Code of 1986. Plan assets consist
        of cash not yet used to  purchase  common  stock.  Such cash  remains an
        asset of the Company until used to purchase  common stock.  Accordingly,
        Plan  assets  are not  held in  trust  and,  therefore,  the Plan is not
        subject to income tax.

<PAGE>

BE AEROSPACE, INC.
1994 EMPLOYEE STOCK PURCHASE PLAN

NOTES TO FINANCIAL STATEMENTS
FOR THE YEARS ENDED FEBRUARY 29, 2000 AND FEBRUARY 28, 1999 (Continued)
------------------------------------------------------------------------------

        Administrative   Expenses  -  Administrative  expenses  have  been  paid
        directly by the  Company  and,  accordingly,  are not  reflected  in the
        Plan's financial statements. There is no written agreement requiring the
        Company to pay these expenses,  and the Company may elect to stop paying
        Plan expenses at any time.

2.      PLAN TERMINATION

        Although it has not  expressed  any intent to do so, the Company has the
right under the Plan to terminate the Plan.

                                     ******

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