Document:

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                               JARDEN CORPORATION

            AMENDMENT NO. 3 TO AMENDED AND RESTATED CREDIT AGREEMENT

          This AMENDMENT NO. 3 TO AMENDED AND RESTATED CREDIT AGREEMENT (this
"AMENDMENT") is dated as of March 31, 2004 and entered into by and among JARDEN
CORPORATION, a Delaware corporation (the "BORROWER"), the Credit Support Parties
(as hereafter defined) solely for purposes of Sections 4 and 5 hereof, the
financial institutions listed on the signature pages hereof (each individually a
"LENDER" and collectively the "LENDERS"), BANK OF AMERICA, N.A. ("BANK OF
AMERICA"), in its capacity as resigning administrative agent for the Lenders,
and CANADIAN IMPERIAL BANK OF COMMERCE ("CIBC"), as successor administrative
agent for the Lenders, and is made with reference to that certain Amended and
Restated Credit Agreement dated as of September 2, 2003 (as amended, the "CREDIT
AGREEMENT"), by and among the Borrower, the Lenders party thereto, the other
agents named therein and the Administrative Agent (as defined in the Credit
Agreement). Capitalized terms used herein without definition shall have the
respective meanings assigned such terms as set forth in the Credit Agreement.

                                    RECITALS

          WHEREAS, Bank of America desires to resign as the current
Administrative Agent under the Credit Agreement and other Loan Documents, and
the Borrower and the Lenders party hereto desire to appoint CIBC as the
successor Administrative Agent.

          NOW, THEREFORE, in consideration of the foregoing recitals and the
agreements, provisions and covenants herein contained, the parties hereto agree
as follows:

SECTION 1. RESIGNATION OF BANK OF AMERICA AS ADMINISTRATIVE AGENT; APPOINTMENT
OF CIBC AS SUCCESSOR ADMINISTRATIVE AGENT; AMENDMENTS TO CREDIT AGREEMENT.

1.1  RESIGNATION OF ADMINISTRATIVE AGENT.

          Bank of America, in its capacity as the current Administrative Agent
under the Credit Agreement, hereby gives notice to the Borrower and the Lenders
pursuant to Section 9.09 of the Credit Agreement that, effective on and as of
the Resignation Effective Date (as defined in Section 2 hereof), it resigns as
the Administrative Agent under the Credit Agreement and the other Loan
Documents. The Required Lenders, the Borrower and CIBC, by their execution
hereof, hereby waive the thirty-day notice requirement set forth in Section 9.09
of the Credit Agreement for the resignation of the current Administrative Agent.

1.2  APPOINTMENT OF SUCCESSOR ADMINISTRATIVE AGENT.

     A. The Required Lenders and the Borrower hereby agree that, effective as of
the Resignation Effective Date, CIBC, acting through one or more of its
agencies, branches or affiliates, shall be appointed as the successor
Administrative Agent under the Credit Agreement and the other Loan Documents,
and CIBC hereby accepts such appointment. The Required Lenders, Bank of America,
CIBC and the Borrower hereby agree that upon the

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effectiveness of the appointment of CIBC as the successor Administrative Agent
under the Credit Agreement and the other Loan Documents, (i) CIBC as the
successor Administrative Agent shall succeed to and become vested with all the
rights, powers and duties of Bank of America as the resigning Administrative
Agent, including its rights and powers as an L/C Issuer and as the Swing Line
Lender, (ii) Bank of America shall be discharged from its appointment, power and
duties as the Administrative Agent, and from its rights, powers and duties as an
L/C Issuer (except with respect to any outstanding Letters of Credit issued by
Bank of America as an L/C Issuer prior to the Resignation Effective Date, which
Bank of America agrees, and the Required Lenders, CIBC and the Borrower
acknowledge, may remain outstanding under the Credit Agreement until their
respective expiry dates) and as the Swing Line Lender under the Credit Agreement
and the other Loan Documents, and (iii) on and after such effectiveness, (x) all
references to the "Administrative Agent" and "L/C Issuer" under the Credit
Agreement, the Loan Documents and all other related documents shall mean and
include CIBC as the Administrative Agent or an L/C Issuer, as applicable, and
(y) all references to the "Swing Line Lender" under the Credit Agreement, the
Loan Documents and all other related documents shall mean and include CIBC Inc.
as the Swing Line Lender.

     B. The Borrower and its Subsidiaries and Bank of America shall, at the
Borrower's cost, make available to CIBC such documents and records and provide
such assistance as CIBC may reasonably request for the purpose of performing its
function as the successor Administrative Agent under the Credit Agreement, the
other Loan Documents and all other related documents, and to effect the
assignment of all Security Instruments and the Collateral from Bank of America
as the resigning Administrative Agent to CIBC as the successor Administrative
Agent under the Credit Agreement and the other Loan Documents, and shall take
such other action and execute such other documents as CIBC may reasonably
request with respect to the foregoing.

     C. The Borrower agrees to pay, and (to the extent received from the
Borrower) Bank of America hereby agrees to distribute to the Lenders, all unpaid
principal, interest and fees owing to any Lender with respect to the Loans for
the March 31, 2004 Quarterly Fee Calculation Date on March 31, 2004 (rather than
on April 7, 2004, the applicable Quarterly Fee Payment Date for such period);
provided that Bank of America shall have delivered its calculations to the
Borrower with respect to any such principal, interest and fees to be paid to the
Lenders as set forth herein no later than 12:00 Noon (New York time) on March
30, 2004, and Bank of America hereby agrees to provide such calculations to the
Borrower so long as the Borrower has not requested any Letters of Credit after
5:00 p.m. (New York time) on March 26, 2004.

     D. Notwithstanding the amendments set forth in Section 1.3 below, the
provisions of Article IX and Sections 10.04 and 10.05 of the Credit Agreement
shall continue to inure to the benefit of Bank of America as the resigning
Administrative Agent as to any actions taken or omitted to be taken by it while
it was the Administrative Agent under the Credit Agreement.

                                       2
<PAGE>

1.3  AMENDMENTS TO THE CREDIT AGREEMENT

     A.   AMENDMENTS TO ARTICLE I: DEFINITIONS AND ACCOUNTING TERMS

          (i)   Section 1.01 of the Credit Agreement is hereby amended by adding
     thereto the following definitions, which shall be inserted in proper
     alphabetical order

               "CIBC" means Canadian Imperial Bank of Commerce, acting through
     one or more of its agencies, branches or affiliates.

               "Citibank" means Citicorp North America, Inc.

          (ii)  Section 1.01 of the Credit Agreement is further amended by
     amending and restating the following definitions to read in their entirety
     as follows:

               "L/C Issuer" means each of CIBC with respect to standby letters
          of credit, Citibank with respect to commercial letters of credit, Bank
          of America, N.A. with respect to any Letters of Credit issued prior to
          April 1, 2004, and (upon designation pursuant to Section 2.04(l)) the
          Designated L/C Issuer, each in their capacity as issuers of Letters of
          Credit hereunder, or any successor to any of them as an issuer of
          Letters of Credit hereunder.

               "Quarterly Fee Payment Date" means, with respect to any Quarterly
          Fee Calculation Date, the date that is five (5) days after such
          Quarterly Fee Calculation Date.

               "Swing Line Lender" means CIBC Inc., in its capacity as provider
          of Swing Line Loans, or any successor swing line lender hereunder.

          (iii) The definitions of "Bank of America", "BAS" and "Fleet" in
     Section 1.01 of the Credit Agreement are hereby deleted in their entirety.

          (iv)  The definitions of "Administrative Agent", "Base Rate", "Cash
     Collateralize", and "Federal Funds Rate", in Section 1.01 of the Credit
     Agreement are each hereby amended by deleting the references to "Bank of
     America" appearing therein and substituting "CIBC" in place thereof.

          (v)   The definition of "Agent-Related Persons" in Section 1.01 of the
     Credit Agreement is hereby amended by deleting the parenthetical
     "(including, in the case of Bank of America in its capacity as the
     Administrative Agent, BAS)" appearing therein.

          (vi)  The definition of "Eurodollar Rate" in Section 1.01 of the
     Credit Agreement is hereby amended by deleting clause (iii) appearing
     therein and substituting in place thereof the following:

                                       3
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               "(iii) if the rates referenced in the preceding subsections (i)
               and (ii) are not available, the rate per annum determined by the
               Administrative Agent as the rate of interest at which deposits in
               Dollars for delivery on the first day of such Interest Period in
               same day funds in the approximate amount of the Eurodollar Rate
               Loan being made, Continued or Converted by CIBC in its capacity
               as a Lender and with a term equivalent to such Interest Period
               that would be offered to CIBC in the London interbank eurodollar
               market at its request at approximately 11:00 a.m. (London time)
               two Business Days prior to the first day of such Interest
               Period."

     B.   AMENDMENTS TO ARTICLE II: THE COMMITMENTS AND CREDIT EXTENSIONS

          (i)   Section 2.03(b) of the Credit Agreement is hereby amended by
     deleting the references to "Bank of America" appearing therein and
     substituting the term "CIBC" in place thereof.

          (ii)  Section 2.05(b) of the Credit Agreement is hereby amended by
     deleting the reference to "4:00 p.m." appearing in the second sentence
     thereof and substituting "2:30 p.m." in place thereof.

          (iii) Section 2.11 of the Credit Agreement is hereby amended by
     deleting the references to "Bank of America" appearing therein and
     substituting the term "CIBC" in place thereof.

     C.   AMENDMENTS TO SECTION IX: THE ADMINISTRATIVE AGENT

          (i)   Sections 9.08 and 9.09 of the Credit Agreement are hereby
     amended by deleting the references to "Bank of America" appearing therein
     and substituting the term "CIBC" in place thereof.

     D.   AMENDMENTS TO SECTION X: MISCELLANEOUS

          (i)   Section 10.07(j) of the Credit Agreement is hereby amended by
     deleting the references to "Bank of America" appearing therein and
     substituting the term "CIBC" in place thereof.

          (ii)  Section 10.07(k) of the Credit Agreement is hereby amended by
     deleting the references to "Fleet" appearing therein and substituting the
     term "Citibank" in place thereof.

     E.   ADDITION OF EXHIBIT

          (i)   EXHIBIT H: FORM OF LETTER OF CREDIT APPLICATION. Exhibit H
     to the Credit Agreement is hereby amending by adding thereto a new Exhibit
     H in the form of Annex A to this Amendment.

     F.   AMENDMENTS TO SCHEDULES

                                       4

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          (i)  Schedule 10.02 of the Credit Agreement is hereby amended by
     deleting the contact information for Bank of America, N.A., as
     Administrative Agent, and substituting in place thereof the following:

          "Canadian Imperial Bank of Commerce, as Administrative Agent
          425 Lexington Avenue
          New York, New York  10017
          Attn:  Agency Services Dept.
          Telecopy:  212-856-3763

          with a copy to:

          CIBC World Markets Corp.
          10880 Wilshire Blvd.
          Suite 1700
          Los Angeles, California  90024
          Telecopy:  310-446-3610"

1.4  AMENDMENTS TO THE GUARANTY AND SECURITY INSTRUMENTS

     A.   On and after the Resignation Effective Date, all references to "Bank
of America, N.A." in its capacity as Administrative Agent under the Guaranty and
any Security Instrument shall be deemed to mean "Canadian Imperial Bank of
Commerce".

SECTION 2. CONDITIONS TO EFFECTIVENESS OF RESIGNATION OF ADMINISTRATIVE AGENT
AND APPOINTMENT OF SUCCESSOR ADMINISTRATIVE AGENT UNDER THE CREDIT AGREEMENT.

          Section 1 of this Amendment shall become effective on and as of April
1, 2004 upon the prior or concurrent satisfaction of all of the following
conditions precedent (the "RESIGNATION EFFECTIVE DATE"):

          (a) CIBC, as the successor Administrative Agent, and Bank of America,
     as the resigning Administrative Agent, shall have each received executed
     counterparts of this Amendment from (i) the Required Lenders under the
     Credit Agreement, (ii) the Borrower and the other Credit Support Parties,
     (iii) Bank of America, as the resigning Administrative Agent, and (iv)
     CIBC, as the successor Administrative Agent;

          (b) the Borrower shall have delivered to CIBC, as successor
     Administrative Agent and successor Swing Line Lender, a Swing Line
     Revolving Loan Notice, which notice shall request a Swing Line Loan to be
     made on the Resignation Effective Date in an amount sufficient to payoff
     any outstanding Swing Line Loans provided by Bank of America as the Swing
     Line Lender prior to the Resignation Effective Date, and shall direct CIBC
     to pay such amount directly to Bank of America to retire any such
     outstanding Swing Line Loans provided by Bank of America; and

                                       5
<PAGE>

          (c) all reasonable fees and expenses payable to Bank of America, as
     Administrative Agent (including all accrued, reasonable fees and expenses
     of counsel to Bank of America in its role as the Administrative Agent)
     estimated to date shall have been paid in full (without prejudice to final
     settling of accounts for such fees and expenses), and all outstanding Swing
     Line Loans provided by Bank of America shall have been paid in full and
     terminated.

SECTION 3. THE BORROWER'S REPRESENTATIONS AND WARRANTIES

          In order to induce the Lenders to enter into this Amendment and to
consent to the appointment of CIBC as the successor Administrative Agent in
Section 1.2 and the amendments in Sections 1.3 and 1.4 relating thereto in the
manner provided herein, the Borrower represents and warrants to each Lender that
the following statements are true, correct and complete:

     A.   POWER AND AUTHORITY. The Borrower has all requisite power and
authority to enter into this Amendment and all other documents to be delivered
by the Borrower and the other Credit Support Parties pursuant to the Amendment
(collectively, the "AMENDMENT DOCUMENTS"), and to carry out the transactions
contemplated by, and perform its obligations under, the Credit Agreement as
amended by this Amendment (the "AMENDED AGREEMENT") and the other Loan Documents
as amended by the other Amendment Documents.

     B.   AUTHORIZATION OF AGREEMENTS. The execution and delivery of this
Amendment and the other Amendment Documents and the performance of the Amended
Agreement have been duly authorized by all necessary action on the part of the
Loan Parties.

     C.   NO CONFLICT. The execution and delivery by the Borrower and the Credit
Support Parties of this Amendment and the other Amendment Documents, and the
performance by the Borrower and the other Credit Support Parties of the Amended
Agreement and other Loan Documents as amended by the other Amendment Documents,
do not and will not (i) violate any provision of any law or any governmental
rule or regulation applicable to the Borrower or any of its Subsidiaries, the
Organization Documents of the Borrower or any of its Subsidiaries or any order,
judgment or decree of any court or other agency of government binding on the
Borrower or any of its Subsidiaries, (ii) conflict with, result in a breach of
or constitute (with due notice or lapse of time or both) a default under any
Contractual Obligation of the Borrower or any of its Subsidiaries (other than
any such conflict, breach or default which could not reasonably be expected to
result in a Material Adverse Effect), (iii) result in or require the creation or
imposition of any Lien upon any of the properties or assets of the Borrower or
any of its Subsidiaries (other than any Lien created under any of the Loan
Documents in favor of the Administrative Agent), or (iv) require any approval of
stockholders or any approval or consent of any Person under any Contractual
Obligation of the Borrower or any of its Subsidiaries.

     D.   GOVERNMENTAL CONSENTS. The execution and delivery by the Borrower and
the Credit Support Parties of this Amendment and the other Amendment Documents,
and the performance by the Borrower and the Credit Support Parties of the
Amended Agreement and the other Loan Documents as amended by the other Amendment
Documents, do not and will

                                       6
<PAGE>

not require any registration with, consent or approval of, or notice to, or
other action to, with or by, any federal, state or other governmental authority
or regulatory body, except as is necessary or required by the Administrative
Agent under the Loan Documents to effect the assignment of all Security
Instruments and the Collateral from Bank of America as the resigning
Administrative Agent to CIBC as the successor Administrative Agent.

     E.   BINDING OBLIGATION. This Amendment and other Amendment Documents have
been duly executed and delivered by the Borrower and this Amendment and the
Amended Agreement are the legally valid and binding obligations of the Borrower,
enforceable against the Borrower in accordance with their respective terms,
except as may be limited by bankruptcy, insolvency, reorganization, moratorium
or similar laws relating to or limiting creditors' rights generally or by
equitable principles relating to enforceability.

     F.   INCORPORATION OF REPRESENTATIONS AND WARRANTIES FROM CREDIT AGREEMENT.
The representations and warranties contained in Article V of the Credit
Agreement are and will be true, correct and complete in all material respects on
and as of the Resignation Effective Date, to the same extent as though made on
and as of that date, except to the extent such representations and warranties
specifically relate to an earlier date, in which case they were true, correct
and complete in all material respects on and as of such earlier date.

     G.   ABSENCE OF DEFAULT. No event has occurred and is continuing or will
result from the consummation of the transactions contemplated by this Amendment
that would constitute a Default or an Event of Default.

SECTION 4. ACKNOWLEDGEMENT AND CONSENT

          Each Guarantor listed on the signatures pages hereof (each, a "CREDIT
SUPPORT PARTY") hereby acknowledges and agrees that each of the Guaranty and
each Security Instrument (each, a "CREDIT SUPPORT Document") to which it is a
party or otherwise bound shall continue in full force and effect and that all of
its obligations thereunder shall be valid and enforceable and shall not be
impaired or limited by the execution or effectiveness of this Amendment. Each
Guarantor represents and warrants that all representations and warranties
applicable to such Guarantor contained in the Amended Agreement and the Credit
Support Documents to which it is a party or otherwise bound are true, correct
and complete in all material respects on and as of the Resignation Effective
Date, to the same extent as though made on and as of that date, except to the
extent such representations and warranties specifically relate to an earlier
date, in which case they were true, correct and complete in all material
respects on and as of such earlier date.

          Each Guarantor acknowledges and agrees that (i) notwithstanding the
conditions to effectiveness set forth in this Amendment, such Guarantor is not
required by the terms of the Credit Agreement or any other Loan Document to
consent to the amendments to the Credit Agreement effected pursuant to this
Amendment and (ii) nothing in the Credit Agreement, this Amendment or any other
Loan Document shall be deemed to require the consent of such Guarantor to any
future amendments to the Credit Agreement.

                                       7
<PAGE>

SECTION 5. MISCELLANEOUS

     A.   Reference to and Effect on the Credit Agreement and the Other Loan
Documents.

          (i)   On and after the Resignation Effective Date, each reference in
     the Credit Agreement to "this Agreement", "hereunder", "hereof", "herein"
     or words of like import referring to the Credit Agreement, and each
     reference in the other Loan Documents to the "Credit Agreement",
     "thereunder", "thereof" or words of like import referring to the Credit
     Agreement shall mean and be a reference to the Amended Agreement.

          (ii)  Except as specifically amended or amended and restated by this
     Amendment, the Credit Agreement and the other Loan Documents shall remain
     in full force and effect and are hereby ratified and confirmed.

          (iii) The execution, delivery and performance of this Amendment shall
     not, except as expressly provided herein, constitute a waiver of any
     provision of, or operate as a waiver of any right, power or remedy of the
     Administrative Agent or any Lender under, the Credit Agreement or any of
     the other Loan Documents.

     B.   FEES AND EXPENSES. The Borrower acknowledges that all reasonable
costs, fees and expenses as described in Section 10.04 of the Credit Agreement
incurred by the Administrative Agent and its counsel with respect to this
Amendment and the documents and transactions contemplated hereby shall be for
the account of the Borrower.

     C.   HEADINGS. Section and Section headings in this Amendment are included
herein for convenience of reference only and shall not constitute a part of this
Amendment for any other purpose or be given any substantive effect.

     D.   APPLICABLE LAW. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE
PARTIES HEREUNDER SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN
ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING WITHOUT
LIMITATION SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW
YORK), WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES.

     E.   COUNTERPARTS. This Amendment may be executed in any number of
counterparts and by different parties hereto in separate counterparts, each of
which when so executed and delivered shall be deemed an original, but all such
counterparts together shall constitute but one and the same instrument;
signature pages may be detached from multiple separate counterparts and attached
to a single counterpart so that all signature pages are physically attached to
the same document.

                  [Remainder of page intentionally left blank]

                                       8
<PAGE>

          IN WITNESS WHEREOF, the parties hereto have caused this Amendment to
be duly executed and delivered by their respective officers thereunto duly
authorized as of the date first written above.

                              JARDEN CORPORATION

                              By:/s/ Desiree DeStefano
                                 ---------------------------------
                              Name:  Desiree DeStefano
                              Title: Senior Vice President

                              THE CREDIT SUPPORT PARTIES:
                              HEARTHMARK, LLC, a Delaware limited liability
                                company
                              ALLTRISTA PLASTICS CORPORATION, an
                                Indiana corporation
                              ALLTRISTA NEWCO CORPORATION, an
                                Indiana corporation
                              LEHIGH CONSUMER PRODUCTS
                                CORPORATION, a Pennsylvania corporation
                              TILIA, INC. (successor by name change to Alltrista
                                Acquisition I, Inc.), a Delaware corporation
                              TILIA DIRECT, INC. (successor by name change to
                                Alltrista Acquisition II, Inc.), a Delaware
                                corporation
                              TILIA INTERNATIONAL, INC. (successor by name
                                change to Alltrista Acquisition III, Inc.),
                                a Delaware corporation
                              QUOIN, LLC, a Delaware limited liability company
                              O.W.D. INCORPORATED, a New York corporation
                              TUPPER LAKES PLASTICS, INCORPORATED,
                                a New York corporation

                              By: /s/ Desiree DeStefano
                                 -------------------------------
                              Name:  Desiree DeStefano
                              Title: Vice President

                              ALLTRISTA ZINC PRODUCTS, L.P., an Indiana
                              limited partnership

                              By:  Alltrista Newco Corporation, a Indiana
                                   corporation, its general partner

                              By:  /s/ Desiree DeStefano
                                 --------------------------------
                              Name:  Desiree DeStefano
                              Title: Vice President

<PAGE>

                                BANK OF AMERICA, N.A., as resigning
                                Administrative Agent

                                By:  /s/ Thomas R. Durham
                                   ---------------------------------
                                Name:  Thomas R. Durham
                                Title: Managing Director

<PAGE>

                              CANADIAN IMPERIAL BANK OF COMMERCE,
                              as successor Administrative Agent

                              By:  /s/ Justin Sendak
                                 ---------------------------------
                                 Justin Sendak
                                 Managing Director
                                 CIBC World Markets Corp., AS AGENT

                              CIBC INC., as a Lender

                              By: /s/ Justin Sendak
                                 ---------------------------------
                                 Justin Sendak
                                 Managing Director
                                 CIBC World Markets Corp., AS AGENT

<PAGE>

                           Bank of America N.A., as a Lender

                           By:   /s/ Thomas R. Durham
                              ---------------------------------
                           Name:  Thomas R. Durham
                           Title: Managing Director

<PAGE>

                           Pinehurst Trading, Inc., as a Lender

                           By:    /s/ Ann E. Morris
                              ---------------------------------
                           Name:  Ann E. Morris
                           Title: Assistant Vice President

<PAGE>

                           PPM Spyglass Funding Trust, as a Lender

                           By:    /s/ Ann E. Morris
                              ---------------------------------
                           Name:  Ann E. Morris
                           Title: Authorized Agent

<PAGE>

                           PPM Shadow Creek Funding LLC, as a Lender

                           By:     /s/ Ann E. Morris
                              ---------------------------------
                           Name:   Ann E. Morris
                           Title:  Assistant Vice President

<PAGE>

                           SRF Trading, Inc. as a Lender

                           By:    /s/ Ann E. Morris
                              ---------------------------------
                           Name:  Ann E. Morris
                           Title: Assistant Vice President

<PAGE>

                           SRF 2000, Inc., as a Lender

                           By:     /s/ Ann E. Morris
                              ---------------------------------
                           Name:   Ann E. Morris
                           Title:  Assistant Vice President

<PAGE>

                           Stanwich Loan Funding LLC, as a Lender

                           By:     /s/ Ann E. Morris
                              ---------------------------------
                           Name:   Ann E. Morris
                           Title:  Assistant Vice President

<PAGE>

                           Centurion CDO VI, Ltd.
                           By: American Express Asset Management Group Inc.
                           as Collateral Manager, as a Lender

                           By:    /s/ Leanne Stavrakis
                              ---------------------------------
                           Name:  Leanne Stavrakis
                           Title: Director - Operations

<PAGE>

                           Centurion CDO II, Ltd.
                           By: American Express Asset Management Group Inc.
                           as Collateral Manager, as a Lender

                           By:    /s/ Leanne Stavrakis
                              ---------------------------------
                           Name:  Leanne Stavrakis
                           Title: Director - Operations

<PAGE>

                           Sequils - Centurion V, Ltd.
                           By: American Express Asset Management Group Inc.
                           as Collateral Manager, as a Lender

                           By:    /s/ Leanne Stavrakis
                              ---------------------------------
                           Name:  Leanne Stavrakis
                           Title: Director - Operations

<PAGE>

                           IDS Life Insurance Company
                           By: American Express Asset Management Group, Inc.
                           as Collateral Manager, as a Lender

                           By:    /s/ Yvonne E. Stevens
                              ---------------------------------
                           Name:  Yvonne E. Stevens
                           Title: Senior Managing Director

<PAGE>

                           American Express Certificate Company
                           By: American Express Asset Management Group, Inc.
                           as Collateral Manager, as a Lender

                           By:      /s/ Yvonne E. Stevens
                              ---------------------------------
                           Name:    Yvonne E. Stevens
                           Title:   Senior Managing Director

<PAGE>

                           Metropolitan Life Insurance Company, as a Lender

                           By:    /s/ James A. Wiviott
                              ---------------------------------
                           Name:  James A. Wiviott
                           Title: Director

<PAGE>

                           MetLife Bank N.A., as a Lender

                           By:     /s/ Kenneth A. McIntire, Jr.
                              ---------------------------------
                           Name:   Kenneth A. McIntire, Jr.
                           Title:  Commercial Loan Officer

<PAGE>

                           U.S. Bank National Association, as a Lender

                           By:    /s/ Daniel R. Kraus
                              ---------------------------------
                           Name:  Daniel R. Kraus
                           Title: Officer

<PAGE>

                           Harris Trust and Savings Bank, as a Lender

                           By:    /s/ Betzaida Erdelyi
                              ---------------------------------
                           Name:  Betzaida Erdelyi
                           Title: Vice President

<PAGE>

                           The Bank of New York, as a Lender

                           By:     /s/ Joanna S. Bellocq
                              ---------------------------------
                           Name:   Joanna S. Bellocq
                           Title:  Vice President

<PAGE>

                           Carlyle High Yield Partners IV, Ltd., as a Lender

                           By:    /s/ Linda Pace
                              ---------------------------------
                           Name:  Linda Pace
                           Title: Managing Director

<PAGE>

                           Carlyle High Yield Partners II, Ltd., as a Lender

                           By:    /s/ Linda Pace
                              ---------------------------------
                           Name:  Linda Pace
                           Title: Managing Director

<PAGE>

                           Carlyle Loan Opportunity Fund, as a Lender

                           By:    /s/ Linda Pace
                              ---------------------------------
                           Name:  Linda Pace
                           Title: Managing Director

<PAGE>

                           Carlyle High Yield Partners III, Ltd., as a Lender

                           By:    /s/ Linda Pace
                              ---------------------------------
                           Name:  Linda Pace
                           Title: Managing Director

<PAGE>

                           Denali Capital LLC, managing member of
                           DC Funding Partners, portfolio manager for
                           DENALI CAPITAL CLO III, LTD., or an affiliate,
                           as a Lender

                           By:    /s/ John P. Thacker
                              ---------------------------------
                           Name:  John P. Thacker
                           Title: Chief Credit Officer

<PAGE>

                           Trumbull THC Ltd., as a Lender

                           By:    /s/ Theresa Lynch
                              ---------------------------------
                           Name:  Theresa Lynch
                           Title: Assistant Vice President

<PAGE>

                           National City Bank, as a Lender

                           By:    /s/ David G. McNeely
                              ---------------------------------
                           Name:  David G. McNeely
                           Title: Assistant Vice President

<PAGE>

                           Simsbury CLO, Limited
                           By: David L. Babson & Company Inc. under delegated
                           authority from Massachusetts Mutual Life
                           Insurance Company as Collateral, as a Lender Manager

                           By:    /s/ David P. Wells
                              ---------------------------------
                           Name:  David P. Wells, CFA
                           Title: Managing Director

<PAGE>

                           Massachusetts Mutual Life Insurance Company
                           By: David L. Babson & Company Inc. as Investment
                           Adviser, as a Lender

                           By:    /s/ David P. Wells
                              ---------------------------------
                           Name:  David P. Wells, CFA
                           Title: Managing Director

<PAGE>

                           Suffield CLO, Limited, as a Lender

                           By: David L. Babson & Company Inc. as Collateral
                           Manager

                           By:    /s/ David P. Wells
                              ---------------------------------
                           Name:  David P. Wells, CFA
                           Title: Managing Director

<PAGE>

                           Maplewood (Cayman) Limited, as a Lender
                           By: David L. Babson & Company Inc. under delegated
                           authority from Massachusetts Mutual Life Insurance
                           Company as Investment Manager

                           By:    /s/ David P. Wells
                              ---------------------------------
                           Name:  David P. Wells, CFA
                           Title: Managing Director

<PAGE>

                           Bill & Melinda Gates Foundation, as a Lender
                           By: David L. Babson & Company Inc. as Investment
                           Adviser

                           By:    /s/ David P. Wells
                              ---------------------------------
                           Name:  David P. Wells, CFA
                           Title: Managing Director

<PAGE>

                           ELC (Cayman) Ltd. 2001-I, as a Lender
                           By: David L. Babson & Company Inc. as Collateral
                           Manager

                           By:     /s/ David P. Wells
                              ---------------------------------
                           Name:   David P. Wells, CFA
                           Title:  Managing Director

<PAGE>

                           ELC (Cayman) Ltd. 1999-III, as a Lender
                           By: David L. Babson & Company Inc. as Collateral
                           Manager

                           By:    /s/ David P. Wells
                              ---------------------------------
                           Name:  David P. Wells, CFA
                           Title: Managing Director

<PAGE>

                           ELC (Cayman) Ltd. 1999-II, as a Lender
                           By: David L. Babson & Company Inc. as Collateral
                           Manager

                           By:    /s/ David P. Wells
                              ---------------------------------
                           Name:  David P. Wells, CFA
                           Title: Managing Director

<PAGE>

                           APEX (IDM) CDO I, Ltd., as a Lender
                           By: David L. Babson & Company Inc. as Collateral
                           Manager

                           By:    /s/ David P. Wells
                              ---------------------------------
                           Name:  David P. Wells, CFA
                           Title: Managing Director

<PAGE>

                           Babson CLO Ltd. 2003-I, as a Lender
                           By: David L. Babson & Company Inc. as Collateral
                           Manager

                           By:    /s/ David P. Wells
                              ---------------------------------
                           Name:  David P. Wells, CFA
                           Title: Managing Director

<PAGE>

                           SunTrust Bank, as a Lender

                           By:    /s/ Heidi M. Khambatta
                              ---------------------------------
                           Name:  Heidi M. Khambatta
                           Title: Vice President

<PAGE>

                           Columbia Floating Rate Limited Liability Company
                           (f/k/a Stein Roe Floating Rate Limited Liability
                           Company), as a Lender
                           By: Columbia Management Advisors, Inc. As Advisor

                           By:    /s/ Brian J. Murphy
                              ---------------------------------
                           Name:  Brian J. Murphy
                           Title: Vice President

<PAGE>

                           Columbia Floating Rate Advantage Fund, as a Lender
                           (f/k/a Liberty Floating Rate Advantage Fund)
                           By: Columbia Management Advisors, Inc., As Advisor

                           By:    /s/ Brian J. Murphy
                              ---------------------------------
                           Name:  Brian J. Murphy
                           Title: Vice President

<PAGE>

                           Franklin Floating Rate Master Series, as a Lender
                           Franklin Floating Rate Daily Access Fund
                           Franklin CLO IV, Limited

                           By:    /s/ Tyler Chan
                              ---------------------------------
                           Name:  Tyler Chan
                           Title: Vice President

<PAGE>

                           Flagship CLO 2001, as a Lender
                           By: Flagship Capital Management, Inc.

                           By:    /s/ Colleen Cunniffe
                              ---------------------------------
                           Name:  Colleen Cunniffe
                           Title: Director

<PAGE>

                           Flagship CLO II, as a Lender
                           By: Flagship Capital Management, Inc.

                           By:    /s/ Colleen Cunniffe
                              ---------------------------------
                           Name:  Colleen Cunniffe
                           Title: Director

<PAGE>

                           Prometheus Investment Funding No. 1 Ltd., as a
                           Lender
                           By: HVB Credit Advisors LLC

                           By:    /s/ James T. Li
                              ---------------------------------
                           Name:  James T. Li
                           Title: Associate Director

                           By:    /s/ Thomas L. Mowat
                              ---------------------------------
                           Name:  Thomas L. Mowat
                           Title: Director

<PAGE>

                           Pamco Cayman Ltd, as a Lender
                           By: Highland Capital Management, L.P.
                           As Collateral Manager

                           By:    /s/ Todd Travers
                              ---------------------------------
                           Name:  Todd Travers
                           Title: Senior Portfolio Manager
                                  Highland Capital Management, L.P.

<PAGE>

                           Loan Funding IV, LLC, as a Lender
                           By: Highland Capital Management, L.P.
                           As Portfolio Manager

                           By:     /s/ Todd Travers
                              ---------------------------------
                           Name:   Todd Travers
                           Title:  Senior Portfolio Manager
                                   Highland Capital Management, L.P.

<PAGE>

                           East West Bank, as a Lender

                           By:      /s/ Nancy A. Moore
                              ---------------------------------
                           Name:    Nancy A. Moore
                           Title:   East West Bank

<PAGE>

                           Emerald Orchard Limited, as a Lender

                           By:     /s/ Stacey Malek
                              ---------------------------------
                           Name:   Stacey Malek
                           Title:  Attorney in Fact

<PAGE>

                           Toronto Dominion (New York), Inc., as a Lender

                           By:     /s/ Stacey Malek
                              ---------------------------------
                           Name:   Stacey Malek
                           Title:  Vice President

<PAGE>

                           Oak Hill Credit Partners II, Limited
                           By: Oak Hill CLO Management II, LLC,
                               as Investment Manager

                           By:      /s/ Scott D. Krase
                              ---------------------------------
                           Name:    Scott D. Krase
                           Title:   Authorized Signatory

<PAGE>

                           Nomura Bond & Loan, as a Lender

                           By: /s/
                              ---------------------------------
                           Name:
                           Title:

                           By: UFJ Trust Bank Limited
                               as Trustee
                           By: Nomura Corporate Research and
                               Asset Management Inc.
                               Attorney in Fact

<PAGE>

                           Clydesdale CLO 2001-1, Ltd., as a Lender

                           By: /s/
                              ---------------------------------
                           Name:
                           Title:

                            Nomura Corporate Research
                           and Asset Management Inc.
                                       as
                               Collateral Manager

<PAGE>

                           Clydesdale CLO 2003-I, Ltd., as a Lender

                           By: /s/
                              ---------------------------------
                           Name:
                           Title:

                            Nomura Corporate Research
                           and Asset Management Inc.
                                       as
                                      Agent

<PAGE>

                           Magnetite V CLO, Limited, as a Lender

                           By:    /s/ Tom Colwell
                              ---------------------------------
                           Name:  Tom Colwell
                           Title:

<PAGE>

                           Magnetite IV CLO, Limited, as a Lender

                           By:     /s/ Tom Colwell
                              ---------------------------------
                           Name:  Tom Colwell
                           Title:

<PAGE>

                           Blackrock Limited Duration Income Trust, as a Lender

                           By:     /s/ Tom Colwell
                              ---------------------------------
                           Name:  Tom Colwell
                           Title:<PAGE>

                              EMPLOYMENT AGREEMENT

THIS EMPLOYMENT AGREEMENT (the "Agreement"), dated as of May 3, 2004, is entered
into between Jarden Corporation, a Delaware corporation (the "Company") and
Desiree DeStefano, (the "Employee").

WITNESSETH:

     WHEREAS, the Company desires to continue to employ the Employee and to be
assured of her services on the terms and conditions hereinafter set forth; and

     WHEREAS, the Employee is willing to continue such employment on such terms
and conditions.

     NOW, THEREFORE, in consideration of the mutual covenants and agreements set
forth in this Agreement, the Company and the Employee hereby agree as follows:

     1. Employment. The Company hereby employs the Employee as Senior Vice
President of the Company, and the Employee accepts such employment, upon the
terms and subject to the conditions set forth in this Agreement. Notwithstanding
the foregoing, it is understood and agreed that the Employee from time to time
may (a) be appointed to additional offices or to different offices than those
set forth above provided they are within a fifty mile radius of the current Rye,
NY location, (b) perform such duties other than those set forth above, and/or
(c) relinquish one or more of such offices or other duties, as may be mutually
agreed by and between the company and the Employee; and, that no such action
shall be deemed or construed to otherwise amend or modify any of the remaining
terms or conditions of this Agreement.

     2. Term. The term of this Agreement shall be two (2) years, commencing on
the date hereof and ending on the second anniversary of such date (the "Initial
Term"), subject to earlier termination pursuant to the provisions of Section 10.
The employment of the Employee shall automatically continue hereunder following
the Initial Term for the successive one (1) year periods (the "Renewal Terms")
unless the Company or the Employee gives written notice to the other at least
(90) ninety days prior to the end of the Initial Term. Subsequent to the Initial
Term, the employment of the Employee hereunder may be terminated at the end of
any Renewal Term by delivery by either the Employee or the Company of a written
notice to the other part at least (90) ninety days prior to the end of any
Renewal Term.

                                       1
<PAGE>

     3. Duties. During the term of this Agreement, the Employee shall, subject
to the provisions of Section 1 above, serve as Senior Vice President of the
Company and shall perform all duties commensurate with her position that may be
assigned to him by the Chief Financial Officer of the Company and/or by the
Board of Directors of the Company consistent with such position. The Employee
shall devote substantially all of her time and energies to the business and
affairs of the Company and shall use her best efforts, skills and abilities to
promote the interests of the Company as necessary to diligently and competently
perform the duties of her position.

     4. Compensation and Benefits.During the term of this Agreement, the Company
shall pay to the Employee, and the Employee shall accept from the Company, as
compensation for the performance of services under this Agreement and the
Employee's observance and performance of all of the provisions hereof, a salary
of $200,000 per year (the "Base Compensation"). The Base Compensation shall be
reviewed annually and shall be increased by a minimum of the Consumer Price
Index. In addition, the Employee shall be eligible to participate in the
Company's bonus program for management. The bonus program shall give the
Employee the opportunity to earn up to 30% of paid Base Compensation if the
Company achieves its budgeted Earnings Per Share and up to 60% of paid Base
Compensation if the Company achieves Earnings Per Share 10% higher than budget.
It is anticipated that the nature and amounts of the financial performance
benchmarks and targeted percentages will be amended annually in accordance with
Jarden's overall incentive compensation plan. Additionally, Employee may
receive, at the Company's sole discretion, a bonus of up to 50% of Base
Compensation (subject to adjustment annually) for services specifically
performed or exceptional performance related to other corporate development,
financing or special project activity undertaken by the Company in any year.

The Employee's Base Compensation and any bonus shall be payable in accordance
with the normal payroll practices of the Company and shall be subject to
withholding for applicable taxes and other amounts. During the term of this
Agreement, the Employee shall be entitled to participate in or benefit from, in
accordance with the eligibility and other provisions thereof, such medical,
insurance, and other fringe benefit plans or policies as the Company may make
available to, or have in effect for, its personnel with commensurate duties from
time to time. The Company retains the rights to terminate or alter any such
plans or policies from time to time. The Employee shall also be entitled to
vacations, sick leave and other similar benefits in accordance with policies of
the Company from time to time in effect for personnel with commensurate duties.

     5. Reimbursement of Business Expenses. During the term of this Agreement,
upon submission of proper invoices, receipts or other supporting documentation
satisfactory to the Company and in specific accordance with such guidelines as
may be established from time to time by the Company, the Employee shall be
reimbursed by the Company for all reasonable business expenses actually and
necessarily incurred by the Employee on behalf of the Employer in connection
with the performance of services under this Agreement.

                                       2
<PAGE>

     6. Representation of Employee. Except as set forth in Paragraph 3 hereof,
the Employee represents and warrants that that she is not party to, or bound by,
any agreement or commitment, or subject to any restriction, including but not
limited to agreements related to previous employment containing confidentiality
or non compete covenants, which in the future may have a possibility of
adversely affecting the business of the Company or the performance by the
Employee of her material duties under this Agreement.

     7. Confidentiality. (For purposes of this Section 7, all references to the
Company shall be deemed to include the Company's subsidiary corporations.)

          (a) Confidential Information. The Employee acknowledges that she will
have knowledge of, and access to, proprietary and confidential information of
the Company, including, without limitation, inventions, trade secrets, technical
information, know-how, plans, specifications, methods of operations, financial
and marketing information and the identity of customers and suppliers
(collectively, the "Confidential Information"), and that such information, even
though it may be contributed, developed or acquired by the Employee, constitutes
valuable, special and unique assets of the Company developed at great expense
which are the exclusive property of the Company. Accordingly, the Employee shall
not, either during or subsequent to the term of this Agreement, use, reveal,
report, publish, transfer or otherwise disclose to any person, corporation or
other entity, any of the Confidential Information without the prior written
consent of the Company, except to responsible officers and employees of the
Company and other responsible persons who are in a contractual or fiduciary
relationship with the Company and who have a need for such information for
purposes in the best interests of the Company, and except for such information
which is or becomes of general public knowledge from authorized sources other
than the Employee. The Employee acknowledges that the Company would not enter
into this Agreement without the assurance that all such confidential and
proprietary information will be used for the exclusive benefit of the Company.

          (b) Return of Confidential Information. Upon the termination of
Employee's employment with the Company, the Employee shall promptly deliver to
the Company all drawings, manuals, letters, notes, notebooks, reports and copies
thereof and all other materials relating to the Company's business.

     8. Noncompetition. (For purposes of this Section 8, all references to the
Company shall be deemed to include the Company's subsidiary corporations).
During the term set forth below, the Employee will not utilize her special
knowledge of the business of the Company and her relationships with customers
and suppliers of the Company to compete with the Company. During the term of
this Agreement and for a period of twelve (12) months after the expiration or
termination of this Agreement, the Employee shall not engage, directly or
indirectly or have an interest, directly or indirectly, anywhere in the United
States of America or any other geographic area where the Company does business
or in which its products are marketed, alone or in association with others, as
principal, officer, agent, employee, capital, lending of money or property,
rendering of services or

                                       3
<PAGE>

otherwise, in any business directly competitive with or similar to that engaged
in by the Company (it being understood hereby, that the ownership by the
Employee of 2% or less of the stock of any company listed on a national
securities exchange shall not be deemed a violation of this Section 8). During
the same period, the Employee shall not, and shall not permit any of her
employees, agents or others under her control to, directly or indirectly, on
behalf of himself or any other person, (i) call upon, accept business from, or
solicit the business of any person who is, or who had been at any time during
the preceding two years, a customer of the Company or any successor to the
business of the Company, or otherwise divert or attempt to divert any business
from the Company or any such successor, or (ii) directly or indirectly recruit
or otherwise solicit or induce any person who is an employee of, or otherwise
engaged by, the Company or any successor to the business of the Company to
terminate her or her employment or other relationship with the Company or such
successor.

     9. Noninterference. At any time during the Initial Term or a Renewal Term,
and for the two (2) year period immediately thereafter, the Employee shall not
interfere with any of the Company's relationships with any party, including any
party who, at any time during the Initial Term or a Renewal Term, was an
employee, contractor, supplier or customer of of the Company. At any time during
or after the Initial Term and any Renewal Terms, the Employee shall not make
public statements which may negatively impact the Company or any of its
shareholders, directors, officers, employees or agents with respect to the
customers, suppliers, products, personnel or business of the Company. For
purposes of this Section 9, "interfere" shall mean intentional or grossly
negligent acts or conduct that is reasonably likely to hamper, hinder or disturb
the relationships between the Company and any applicable party.

     10. Remedies. The restrictions set forth in Section 7 and 8 are considered
by the parties to be fair and reasonable. The Employee acknowledges that the
Company would be irreparably harmed and that monetary damages would not provide
an adequate remedy in the event of a breech of the provisions of Section 7 or 8.
Accordingly, the Employee agrees that, in addition to any other remedies
available to the Company, the Company shall be entitled to seek injunctive and
other equitable relief to secure the enforcement of these provisions. If any
provisions of Sections 7, 8 or 9 relating to the time period, scope of
activities or geographic area of restrictions is declared by a court of
competent jurisdiction to exceed the maximum permissible time period, scope of
activities or geographic area, as the case may be, shall be provisions of
Section 7, 8 or 9 other than those described in the preceding sentence are
adjudicated to be invalid or unenforceable, the invalid or unenforceable
provisions shall be deemed amended (with respect only to the jurisdiction in
which such adjudication is made) in such manner as to render them enforceable
and to effectuate as nearly as possible the original intentions and agreement of
the parties.

                                       4
<PAGE>

     11. Termination. This Agreement may be terminated prior to the expiration
of the term set forth in Section 2 upon the occurrence of any of the events set
forth in, and subject to the terms of, this Section 11.

          (a) Death. This Agreement will terminate immediately and automatically
upon the death of the Employee.

          (b) Disability. This Agreement may be terminated at the Company's
option, immediately upon written notice to the Employee, if the Employee shall
suffer a permanent disability. For the purpose of this Agreement, the term
"permanent disability" shall mean the Employee's inability to perform her duties
under this Agreement for a period of 120 consecutive days or for an aggregate of
180 days, whether or not consecutive, in any twelve month period, due to
illness, accident or any other physical or mental incapacity, as reasonably
determined by the Company. In the event of termination for disability, the
Employee will also be entitled to receive medical and long term disability
benefits generally available to other disabled employees of the Company.

          (c) Cause. This Agreement may be terminated at the Company's option,
immediately upon written notice to the Employee, upon: (i) breach by the
Employee of any material provision of this Agreement not cured within ten (10)
days after written notice of such breach is given by the Company to the
Employee; (ii) gross negligence or willful misconduct of the Employee in
connection with the performance of her duties under this Agreement, or
Employee's willful refusal to perform any of her duties or responsibilities
required pursuant to this Agreement; or (iii) fraud, criminal conduct or
embezzlement by the Employee.

          (d) Without Cause. This Agreement may be terminated pursuant to the
terms of Section 2 or on thirty (30) days written notice (the thirtieth day
following such notice being herein sometimes called the "Termination Date") by
the Company without cause, subject to the following provision.

          If the Employee's employment is terminated by the Company without
Cause, or upon Disability, the Employee shall receive an amount (the "Severance
Amount") equal to the sum of the following: (i) one year's Base Compensation;
plus (ii) a portion of the target bonus for the year in which the Employee's
employment was terminated ("Termination Year") calculated as the target
percentage multiplied by the Base Compensation actually earned from January 1st
of the Termination Year until the Termination Date; plus (iii) continuation of
health insurance and other benefits for one year at same cost as the Employee
currently contributes; plus, (iv) full vesting of any outstanding stock options
and the lapsing of any restrictions over any restricted shares owned by the
Employee.

                                       5
<PAGE>

          The cash portion of the Severance Amount shall be paid to the Employee
as promptly as practicable after the date of Termination and in no event later
than ten (10) days after termination.

          Payment of the Severance Amount shall be in lieu of all other
financial obligations of the Company to the Employee and all other benefits in
this Agreement shall cease as of the date of termination. The Employee shall
have no obligation to seek other employment or otherwise mitigate damages
hereunder. For the avoidance of doubt, it is understood that the Company will
pay all amounts owed to Employee prior to the date of termination, including any
incentive compensation owed to employee for the prior year if still unpaid at
the date of termination and the termination occurred after the fiscal year end..
Notwithstanding anything in the incentive compensation plan, Employee need not
be employed at the date the incentive payments are made to be eligible for this
payment. Payment of the severance amount is also contingent upon Employee
executing Jarden's standard release form which includes a covenant by the
Employee not to sue, a confidentiality agreement and a waiver and release of all
further potential claims against the Company by the Employee, among other
things.

     12. Miscellaneous

          (a) Survival. The provisions of Sections 7, 8, 9, 10 and 12 shall
survive the termination of this Agreement.

          (b) Entire Agreement.This Agreement, sets forth the entire
understanding of the parties and merges and supersedes any prior or
contemporaneous agreements between the parties pertaining to the subject matter
hereof.

          (c) Modification. This Agreement may not be modified or terminated
orally; and no modification, termination or attempted waiver of any of the
provisions hereof shall be binding unless in writing and signed by the party
against whom the same is sought to be enforced; provided, however, that the
Employee's compensation may be increased at any time by the Company without in
any way affecting any of the other terms and conditions of this Agreement, which
in all other respects shall remain in full force and effect.

          (d) Waiver. Failure of a party to enforce one or more of the
provisions of this Agreement or to require at any time performance of any of the
obligations hereof shall not be construed to be a waiver of such provisions by
such party nor to in any way affect the validity of this Agreement or such
party's right thereafter to enforce any provision of this Agreement, not to
preclude such party from taking any other action at any time which it would
legally be entitled to take.

          (e) Successors and Assigns. Neither party shall have the right to
assign this Agreement, or any rights or obligations hereunder, without the
consent of the other party.

                                       6
<PAGE>

          (f) Communications. All notices, requests, demands and other
communications under this Agreement shall be in writing and shall be deemed to
have been given at the time personally delivered or when mailed in any United
States post office enclosed in a registered or certified postage prepaid
envelope and addressed to the recipient's address set forth below, or to such
other address as any party may specify by notice to the other party; provided,
however, that any notice of change of address shall be effective only upon
receipt.

       To the Company:          Jarden Corporation
                                Suite B-302
                                555 Theodore Fremd Avenue
                                Rye, New York 10580
                                Attention:  Chief Financial Officer

       To the Employee:         Desiree DeStefano
                                12 Bellwood Road
                                White Plains, NY  10603

          (g) Severability. If any provision of this Agreement is held to be
invalid or unenforceable by a court of competent jurisdiction, such invalidity
or unenforceability shall not affect the validity and enforceability of the
other provisions of this Agreement and the provision held to be invalid or
unenforceable shall be enforced as nearly as possible according to its original
terms and intent to eliminate such invalidity or unenforceability.

          (h) Jurisdiction; Venue. This Agreement shall be subject to the
exclusive jurisdiction of the courts of New York County, New York. Any breach of
any provision of this Agreement shall be deemed to be a breach occurring in the
State of New York and the parties irrevocably and expressly agree to submit to
the jurisdiction of the courts of the State of New York or the Federal Courts
having concurrent geographic jurisdiction, for the purpose of resolving any
disputes among them relating to this Agreement or the transactions contemplated
by this Agreement.

          (i) Governing Law. This Agreement is made and executed and shall be
governed by the laws of the State of New York, without regard to the conflicts
of law principles thereof.

                                       7
<PAGE>

     IN WITNESS WHEREOF, each of the parties hereto have duly executed this
Agreement as of the date set forth above.

                                              JARDEN CORPORATION

                                              /s/ Ian Ashken
                                              ----------------------------------
                                              Ian Ashken
                                              Vice Chairman and CFO

                                              /s/ Desiree DeStefano
                                              ----------------------------------
                                              Desiree DeStefano

                                       8

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