Document:

EXHIBIT 10.10

                      RELEASE AND INDEMNIFICATION AGREEMENT

     THIS RELEASE AND INDEMNIFICATION AGREEMENT, dated as of January 31, 2003
(this "Agreement"), by and among (a) Kohlberg Kravis Roberts & Co. L.P. ("KKR"),
       ---------                                                          ---
KKR Associates, L.P. ("Associates"), Whitehall Associates, L.P. ("Whitehall"),
                       ----------                                 ---------
Borden Chemical, Inc. ("Borden"), Debtco LLC ("Debtco"), CCPC Acquisition Corp.
                        ------                 ------
("CCPC") and BW Holdings, LLC ("BW" and together with KKR, Borden, Associates,
  ----                          --
Whitehall, Debtco and CCPC collectively, the "KKR Entities") and (b) WKI Holding
                                              ------------
Company, Inc. ("WKI"), World Kitchen, Inc. (formerly known as Corning Consumer
Products Company) (the "Company"), together with its direct and indirect
                        -------
wholly-owned subsidiaries, EKCO Group, LLC, EKCO Housewares, Inc., EKCO
Manufacturing of Ohio, Inc., WKI Latin America Holding, LLC and World Kitchen
(GHC), LLC (WKI, the Company and such subsidiaries, collectively, the "WKI
                                                                       ---
Entities").
--------

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

     WHEREAS, pursuant to the letter dated April 1, 1998 (as amended,
supplemented or otherwise modified from time to time, the "Management
                                                           ----------
Agreement"), Borden provided management services, insurance, employee benefits
---------
and other services to the Company and the Company's employees;

     WHEREAS, on May 31, 2002 (the "Petition Date"), the WKI Entities filed
                                    -------------
voluntary petitions for relief under Section 301 of Title 11, United States
Code, 11 U.S.C. Sec.Sec. 101, et seq. (as amended, the "Bankruptcy Code"), in
                              -- ----                   ---------------
the United States Bankruptcy Court for the Northern District of Illinois (the
"Bankruptcy Court");

     WHEREAS, on November 15, 2002, the WKI Entities filed a Disclosure
Statement and a Second Amended Joint Plan of Reorganization (as modified, the
"Plan"; capitalized terms used herein but not defined shall have the meaning
 ----
ascribed thereto in the Plan) pursuant to Section 1121 of the Bankruptcy Code;

     WHEREAS, by an order dated December 23, 2002, the Bankruptcy Court
confirmed the Plan;

     WHEREAS, the Plan provides for, among other things, the restructuring of
certain Claims in respect of the Prepetition Credit Facility, the Borden Credit
Facility and the 9-5/8% Senior Subordinated Notes held by the KKR Entities; the
old equity interests in WKI, including any shares owned by the KKR Entities,
will be cancelled and extinguished; and any and all executory contracts and
unexpired leases, including the Management Agreement, between any of the WKI
Entities and any of the KKR Entities, other than this Agreement, the WKI/CCPC
Tax Agreement and the agreement by and between WKI, BW and the Pension Benefit
Guaranty Corporation (the "PBGC") dated January 30, 2003, attached hereto as
                           ----
Exhibit A (the "PBGC Pension Agreement") and any letter of credit entered into
---------       ----------------------
by BW or any affiliate thereof in connection therewith (together with any
extension, replacement, substitute or other related arrangement, and
reimbursement agreements and other agreements and documents related thereto, in
each case as amended from time to time, the "Letter of Credit"),will be rejected
                                             ----------------
as of the Effective Date of the Plan, pursuant to Section 365 of the Bankruptcy
Code; and

<PAGE>
     WHEREAS, the WKI Entities and the KKR Entities have determined to enter
into this Agreement to provide for a release of claims, certain agreements,
indemnification and the payment of certain fees and expenses on the terms and
conditions set forth below in connection with confirmation of the Plan.

     NOW, THEREFORE, in consideration of the premises and mutual covenants and
agreements set forth herein, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, each party signatory
hereto hereby agrees as follows:

     1.     Releases.
            --------

          (a)     Release of WKI Entities by KKR Entities.  Except for those
                  ---------------------------------------
obligations set forth hereunder, under the WKI/CCPC Tax Agreement, under the
PBGC Pension Agreement and under the Letter of Credit, in the Plan and in the
other documents identified in the Plan or in the Table of Exhibits to the Plan
to which one or more of the KKR Entities is party (collectively, the "Plan
                                                                      ----
Documents"), each of the WKI Entities and each of their respective affiliates,
---------
principals, shareholders, employees, agents, representatives, officers,
directors, members, partners, limited partners and professionals, in each case
acting in such capacity, is released by each of the KKR Entities from any and
all claims, debts, obligations, rights, suits, damages, actions, causes of
action, remedies and liabilities whatsoever, whether known or unknown, foreseen
or unforeseen, existing as of the Effective Date, in law, at equity or
otherwise, that any such KKR Entity would have been legally entitled to assert
in its own right (whether individually or collectively), or on behalf of
another, based in whole or in part upon any act or omission, transaction,
agreement, event or other occurrence taking place on or before the Effective
Date arising from or relating to the relationship or affiliation between any
such KKR Entity and any of the WKI Entities, including, without limitation, such
relationships or affiliations arising from (i) any such KKR Entity being or
having been a creditor, shareholder, officer, director or advisor of, or to, as
the case maybe, any of the WKI Entities; (ii) the Management Agreement, the
Borden Credit Facility or any other agreement between any of the WKI Entities
and any such KKR Entity; (iii) the subject matter of, or the event or
transaction giving rise to, the claims of any of such WKI Entity; or (iv) any
involvement or participation of any KKR Entity in the Plan, the Plan's
formulation, preparation, dissemination, implementation, administration,
confirmation or consummation, the Chapter 11 Cases or the WKI Entities'
restructuring.  Without limiting the foregoing, each KKR Entity hereby releases
and waives any and all claims for damages arising from the rejection by the WKI
Entities of the Management Agreement or any other agreement between any of the
WKI Entities and any such KKR Entity.

          (b)     Release of KKR Entities by WKI Entities.  Except for those
                  ---------------------------------------
obligations set forth in the Plan Documents, each KKR Entity and each of their
respective affiliates, principals, shareholders, employees, agents,
representatives, officers, directors, members, partners, limited partners and
professionals, in each case acting in such capacity (collectively, the "KKR
                                                                        ---
Entity Release Parties"), is released by each of the WKI Entities from any and
----------------------
all claims, debts, obligations, rights, suits, damages, actions, causes of
action, remedies and liabilities whatsoever, whether known or unknown, foreseen
or unforeseen, existing as of the Effective Date, in law, at equity or
otherwise, that any such WKI Entity would have been legally entitled to assert
in its own right (whether individually or collectively), or on behalf of
another, based in whole or in part upon any act or omission, transaction,
agreement, event or other occurrence taking place on or before the Effective
Date arising from or relating to the relationship or affiliation between any
such KKR Entity and any of the WKI Entities, including, without

                                      -2-
<PAGE>
limitation, such relationships or affiliations arising from (i) any such KKR
Entity Release Party being or having been a creditor, shareholder, officer,
director or advisor of, or to, as the case maybe, any of the WKI Entities; (ii)
the Management Agreement, the Borden Credit Facility or any other agreement
between any of the WKI Entities and any such KKR Entity Release Party; (iii) the
subject matter of, or the event or transaction giving rise to, the claims of any
of such WKI Entity; or (iv) any involvement or participation of any KKR Entity
Release Party in the Plan, the Plan's formulation, preparation, dissemination,
implementation, administration, confirmation or consummation, the Chapter 11
Cases or the WKI Entities' restructuring.

          (c)     Agreement Not to Sue.  Each KKR Entity and each WKI Entity
                  --------------------
covenant and agree that it will not effect, or, other than as required by law,
aid in, the commencement or continuation of any action with respect to any claim
or action released hereby.  Each KKR Entity and each WKI Entity hereby
represents that, as of the date hereof, it has not assigned any cause of action
of the type released hereunder, and covenant that it shall not so assign any
such cause of action after the date hereof.

          (d)     Specific Performance.  It is understood and agreed by each of
                  --------------------
the parties hereto that money damages would not be a sufficient remedy for any
breach of Section 1 of this Agreement by any party and each non-breaching party
shall be entitled to specific performance, injunctive, rescissionary or other
equitable relief as remedy for any such breach.

          (e)     Effect of Release.  Neither this Agreement, nor the acceptance
                  -----------------
of the benefits and protections hereunder, is intended to evidence any liability
of any party hereto to any person.

     2.     WKI Pension Plan.
            ----------------

          (a)     PBGC Pension Agreement.  WKI hereby unconditionally and
                  ----------------------
irrevocably agrees that, while the Letter of Credit is in effect, (i) BW shall
be a beneficiary of all of the rights and benefits of the PBGC as set forth in
the PBGC Pension Agreement; (ii) the PBGC Pension Agreement shall remain in full
force and effect and no waiver, modification, amendment, consent or termination
thereunder shall be made or consented to by WKI without the prior written
consent of BW; (iii) BW shall be entitled to enforce the PBGC Pension Agreement,
attached hereto as Exhibit A, against WKI as if BW were the PBGC; and (iv) WKI
                   ---------
shall be liable for "Damages" (as such term is hereafter defined) directly
resulting from WKI's breach of the PBGC Pension Agreement (which breach is not
thereafter cured by WKI in a manner eliminating all Damages to BW) to the extent
of any Damages suffered by BW or its affiliates.  For purposes hereof, the term
"Damages" shall include only the actual amount of cash funding payments which BW
or its affiliates are required to contribute to the World Kitchen Pension Plan
(the "WKI Pension Plan") (whether pursuant to draws under the Letter of Credit
or otherwise) and any reasonable out-of-pocket expenses (including actuarial,
legal or accounting fees) incurred with respect thereto, reduced by the value of
any income tax deduction which BW or its affiliates receive with respect to such
payments to the extent such deduction actually reduces income taxes paid by BW
in the year the related Damages arise.  Without limiting the foregoing, the term
"Damages" shall not include the costs incurred by BW or its affiliates (i) to
obtain or retain the Letter of Credit; (ii) to monitor WKI's obligations and
compliance with the PBGC Pension Agreement for so long as WKI is not in breach
hereof or thereof; or (iii) punitive, indirect, general, special or
consequential damages.

                                      -3-
<PAGE>
          (b)     Required Funding.  WKI hereby unconditionally and irrevocably
                  ----------------
agrees to make cash funding payments to WKI Pension Plan at the times and in the
amounts not less than those set forth in Exhibit B hereto.  The parties hereto
                                         ---------
hereby acknowledge that the minimum cash payments set forth in Exhibit B are
                                                               ---------
independent of (although they may duplicate) any minimum funding requirements in
respect of the WKI Pension Plan set forth in the PBGC Pension Agreement.

          (c)     Letter of Credit.  WKI hereby unconditionally and irrevocably
                  ----------------
agrees that (i) not later than the first day following the fifth anniversary of
the effective date of the Credit Agreement, dated as of January 31, 2003, among
WKI Holding Company, Inc., the lenders party thereto and JPMorgan Chase Bank, as
Administrative Agent and Collateral Agent (the "Replacement Date") and at all
                                                ----------------
times thereafter (to the extent required under the PBGC Pension Agreement), WKI
shall cause to be issued a letter of credit (the "Replacement Letter of Credit")
                                                  ----------------------------
in form, scope and substance reasonably acceptable to BW (and in any event
acceptable to the PBGC as the "Letter of Credit" required under the PBGC Pension
Agreement) and make such other arrangements as are sufficient to permit the
Letter of Credit to be terminated in full on the Replacement Date and (ii) take
such further actions to ensure that BW and any other affiliate of BW liable or
obligated in connection with the Letter of Credit have no further obligation or
liability from and after the Replacement Date in connection with the Letter of
Credit.  In addition to any injunctive relief and other Damages to which BW may
be entitled, WKI shall pay and reimburse to BW any amounts paid by BW after the
Replacement Date in respect of reimbursement of draws under the Letter of Credit
or similar utilization thereof, if any.

     3.     WKI Entity General Indemnification.
            ----------------------------------

          (a)     In consideration for the foregoing and the other consideration
set forth in the Plan Documents, the WKI Entities shall jointly and severally
indemnify and hold each of the KKR Entity Release Parties harmless from and
against any and all losses, claims, damages, expenses and liabilities
(including, without limitation, losses, claims, damages, expenses and
liabilities arising from or in connection with legal actions brought by or on
behalf of any of the WKI Entities or past, present or future creditors or
shareholders of the WKI Entities), joint, several or otherwise, to which such
KKR Entity Release Party may become subject under any applicable federal or
state law, or otherwise, related to or arising out of any relationship or
affiliation between any such KKR Entity Release Party and any of the WKI
Entities, including, without limitation, the Management Agreement or any other
agreements between any of the WKI Entities and any such KKR Entity Release
Party, the purchase and/or ownership of the Old WKI Common Stock or Old WKI
Preferred Stock by any such KKR Entity Release Party, or any such KKR Entity
Release Party's role as a director, officer, advisor or affiliate of any of the
WKI Entities, and will reimburse any KKR Entity Release Party for all
reasonable, actual, out-of-pocket expenses (including counsel fees and
disbursements) upon request as they are incurred in connection with the
investigation of, preparation for or defense of any pending or threatened claim
or any action or proceeding arising therefrom, whether or not such KKR Entity
Party is a party and whether or not such claim, action or proceeding is
initiated or brought by any of the WKI Entities or by any party claiming by or
on behalf of any of the WKI Entities; provided, however, that the WKI Entities
shall not indemnify the KKR Entities with respect to the willful misconduct or
bad faith of any KKR Entity.

          (b)     The WKI Entities shall not, without the prior written consent
of each affected KKR Entity Release Party, settle, compromise or consent to the
entry of any judgment in any pending or threatened claim, action or proceeding
to which any such KKR Entity Release

                                      -4-
<PAGE>
Party is an actual or a potential party and in respect of which indemnification
could be sought under the indemnification provision in the immediately preceding
paragraph, unless such settlement, compromise or consent includes an
unconditional release of each affected KKR Entity Release Party from all
liability arising out of such claim, action or proceeding.

          (c)     Promptly after receipt by any KKR Entity Release Party of
notice of any suit, action, proceeding or investigation with respect to which
such KKR Entity Release Party may be entitled to indemnification hereunder, such
KKR Entity Release Party will notify the Company in writing of the assertion of
such claim or the commencement of such suit, action, proceeding or
investigation, but the failure so to notify the Company shall not relieve any of
the WKI Entities from any liability which they may have hereunder, except to the
extent that such failure has materially prejudiced such WKI Entities. If any of
the WKI Entities so elects within a reasonable time after receipt of such
notice, such WKI Entity may participate at its own expense in the defense of
such suit, action, proceeding or investigation. Each KKR Entity Release Party
may employ separate counsel to represent it or defend it in any such suit,
action, proceeding or investigation in which it may become involved or is named
as a defendant and, in such event, the reasonable fees and expense of such
counsel shall be borne by the WKI Entities; provided that the WKI Entities will
not be required in connection with any such suit, action, proceeding or
investigation, or separate but substantially similar actions arising out of the
same general allegations or circumstances, to pay the fees and disbursements of
more than one separate counsel (other than local counsel) for all affected KKR
Entity Release Parties unless such KKR Entity Release Party shall have been
advised by its counsel that: (i) there may be one or more legal defenses,
counterclaims or crossclaims available to it that are different from or
additional to those available to any other KKR Entity Release Party party to
such actions; (ii) that there is a conflict of interest among any of the KKR
Entity Release Parties who are party to such actions; or (iii) the interests of
any of the KKR Entity Release Parties are otherwise prejudiced by not retaining
additional or separate counsel. Whether or not the WKI Entities participate in
the defense of any claim, the WKI Entities and the affected KKR Entity Release
Parties shall cooperate in the defense thereof and shall furnish such records,
information and testimony, and attend such conferences, discovery proceedings,
hearings, trials and appeals, as may be reasonably requested in connection
therewith.

     4.     Pension Plan Indemnity.   The provisions of this Section 4 shall
            ----------------------
apply notwithstanding any provision of this Agreement to the contrary:

          (a)     For purposes of this Section 4, (i) the term "BW Controlled
Group Member" shall mean Whitehall, BW, CCPC, BCI and any other corporation,
trade or business (whether or not incorporated) (other than the WKI Entities),
the employees of which, together with the employees of any of BW or BCI, are
required by the rules contained in Section 414 of the Internal Revenue Code of
1986, as amended (the "Code"), or the provisions of the Employee Retirement
Income Security Act of 1974, as amended ("ERISA"), to be treated as if they were
employed by a single employer; and (ii) the term "WKI Controlled Group Member"
shall mean any of the WKI Entities.

          (b)     Certain of the BW Controlled Group Members may now be (or in
the past have been) sponsors of or contributors to (i) a "defined benefit plan"
as defined in Section 3(35) of ERISA, (ii) a pension plan that is subject to the
funding standards of Section 302 of ERISA or Section 412 of the Code, (iii) a
"multi-employer plan" as defined in Section 3(37) of ERISA or Section 414(l) of
the Code or (iv) a "multiple employer plan" within the meaning of Section 210 of
ERISA or Section 413(c) of the Code (collectively, a "BW Defined Benefit Plan").
Certain of

                                      -5-
<PAGE>
the WKI Controlled Group Members may now be (or in the past have been) sponsors
of or contributors to (i) a "defined benefit plan" as defined in Section 3(35)
of ERISA, (ii) a pension plan that is subject to the funding standards of
Section 302 of ERISA or Section 412 of the Code, (iii) a "multi-employer plan"
as defined in Section 3(37) of ERISA or Section 414(l) of the Code or (iv) a
"multiple employer plan" within the meaning of Section 210 of ERISA or Section
413(c) of the Code (collectively, a "WKI Defined Benefit Plan").

          (c)     The BW Controlled Group Members shall jointly and severally
indemnify and hold each of the WKI Entities harmless from and against any and
all losses, claims, damages, expenses and liabilities (including, without
limitation, losses, claims, damages, expenses and liabilities arising from or in
connection with legal actions brought by or on behalf of any of the BW
Controlled Group Members or past, present or future creditors or shareholders of
the BW Controlled Group Members), joint, several or otherwise, to which such WKI
Entity may become subject, arising out of or due to the existence of any BW
Defined Benefit Plan, including, without limitation, (i) any premiums owed to
the PBGC (as described in Sections 4006 and 4007 of ERISA), (ii) any withdrawal
liability under a multi-employer plan imposed by Subtitle E of Title IV of
ERISA, (iii) any withdrawal liability under a multiple employer plan imposed by
Section 4063 or 4064 of ERISA, (iv) any "accumulated funding deficiency" (as
defined in Section 412 of the Code and Section 302 of ERISA), (v) any unfunded
benefit liabilities under Section 4062 of ERISA, (vi) any other liability under
Title IV of ERISA or (vii) any guarantee provided by any WKI Controlled Group
Member in favor of the PBGC with respect to any BW Defined Benefit Plan.

          (d)     The WKI Entities shall jointly and severally indemnify and
hold each of the KKR Entities harmless from and against any and all losses,
claims, damages, expenses and liabilities (including, without limitation,
losses, claims, damages, expenses and liabilities arising from or in connection
with legal actions brought by or on behalf of any of the WKI Entities or past,
present or future creditors or shareholders of the WKI Entities), joint, several
or otherwise, to which such KKR Entity may become subject, arising out of or due
to the existence of any WKI Defined Benefit Plan, including, without limitation,
(i) any premiums owed to the PBGC (as described in Sections 4006 and 4007 of
ERISA), (ii) any withdrawal liability under a multi-employer plan imposed by
Subtitle E of Title IV of ERISA, (iii) any withdrawal liability under a multiple
employer plan imposed by Section 4063 or 4064 of ERISA, (iv) any "accumulated
funding deficiency" (as defined in Section 412 of the Code and Section 302 of
ERISA), (v) any unfunded benefit liabilities under Section 4062 of ERISA or (vi)
any other liability under Title IV of ERISA or (vii) any guarantee provided by
any BW Controlled Group Member in favor of the PBGC with respect to any WKI
Defined Benefit Plan.  Notwithstanding the foregoing, nothing herein shall
excuse any BW Controlled Group Members from meeting any obligations incurred
under, or otherwise complying with, the PBGC Pension Agreement.

          (e)     The principles of Subsections (b) and (c) of Section 3 of the
Agreement shall also apply to the administration of the indemnification
provisions contained in this Section 4, but the indemnified and indemnifying
parties shall be deemed to be the respective party as appropriate under this
Section in the relevant circumstances.

     5.     Effectiveness.  This Agreement shall become effective as of the
            -------------
Effective Date.

                                      -6-
<PAGE>
     6.     Fees and Expenses; Plan Contribution.
            ------------------------------------

          (a)     Within 30 days after the Effective Date, the KKR Entities and
each of their respective affiliates, principals, shareholders, employees,
agents, representatives, officers, directors, members, partners, limited
partners and professionals shall receive payment for (i) all postpetition
management fees and expenses under the Management Agreement, capped at $625,000
(the "Management Fee Administrative Claim"), (ii) all director fees and expenses
      -----------------------------------
accrued and unpaid through the Effective Date; and (iii) accrued, invoiced and
unpaid salaries and related expenses for employees of Borden who worked directly
with any of the WKI Entities through the Effective Date.

          (b)     The KKR Entities also shall have an Allowed Claim in Class 10
under the Plan in the amount of $1.63 million for prepetition management fees
and expenses under the Management Agreement.

          (c)     On the Effective Date, the KKR Entities will make a cash
payment to the Debtors in the amount of $1.2 million to assist in funding the
Debtors' obligations under the Plan, which payment may be netted against the
Management Fee Administrative Claim in satisfaction of such claim.

     7.     D&O Insurance.  The Reorganized Debtors shall maintain coverage
            -------------
through the sixth anniversary of the Effective Date for current and former
directors and officers of any of the WKI Entities under any applicable
directors' and officers' liability insurance policy at levels and on terms no
less favorable to such individuals than the levels and terms provided for under
any such policies in effect as of the Petition Date.  In the event that any of
the KKR Entities maintains any of the insurance coverage referred to in this
Section 7, the Reorganized Debtors shall reimburse the applicable KKR Entity for
such coverage based upon equitable allocation reasonably agreed upon by the
parties of the overall costs of the insurance program of such KKR Entity.

     8.     Authority.  Each of the parties hereto represents and warrants to
            ---------
the other parties hereto that the execution and delivery of this Agreement and
the performance of its obligations hereunder have been duly authorized by all
necessary corporate action on its part.

     9.     Successors and Assigns.  This Agreement shall not be assigned by any
            ----------------------
of the parties hereto without the prior written consent of the other parties
hereto; provided that BW may, without the prior written consent of the other
        --------
parties hereto, assign its rights under Section 2 hereof to one or more direct
or indirect affiliates of BW.  This Agreement is intended to bind and inure to
the benefit of the parties hereto and their respective successors, assigns,
heirs, executors, administrators and representatives.

     10.     Savings and Severability Clause.  It is acknowledged and agreed by
             -------------------------------
each of the parties hereto that should any provision of this Agreement be
declared or be determined to be illegal or invalid by final determination of any
court of competent jurisdiction after the Effective Date, the validity of the
remaining parts, terms or provisions of this Agreement shall not be affected
thereby, and the illegal or invalid part, term or provision shall be deemed not
to be a part of this Agreement.

     11.     Governing Law.  The rights and obligations arising under this
             -------------
Agreement shall be governed by, and construed and enforced in accordance with,
the laws of the State of New York.

                                      -7-
<PAGE>
     12.     Counterparts.  This Agreement may be executed in one or more
             ------------
counterparts, each of which shall be deemed an original and all of which shall
constitute one and the same agreement.  Delivery of an executed counterpart of a
signature page by facsimile shall be effective as delivery of a manually
executed counterpart.

     13.     Headings.  The headings of the sections of this Agreement are
             --------
inserted for convenience only and shall not affect the interpretation hereof.

     IN WITNESS WHEREOF, each of the parties hereto has caused this Agreement to
be executed and delivered by its duly authorized officers as of the date first
written above.

                            KOHLBERG KRAVIS ROBERTS & CO. L.P.

                            By:  KKR & Co. LLC, its General Partner

                              By:  /s/ Scott Stuart
                              Name:  Scott Stuart
                              Title:  Member

                            KKR ASSOCIATES, L.P.

                            By:  /s/ Scott Stuart
                            Name:  Scott Stuart
                            Title:  General Partner

                            WHITEHALL ASSOCIATES, L.P.

                            By:  KKR Associates, L.P., its General Partner

                            By:  /s/ Scott Stuart
                            Name:  Scott Stuart
                            Title:  General Partner

                            BORDEN CHEMICAL, INC.

                            By:  /s/ Ellen German Berndt
                            Name:  Ellen German Berndt
                            Title:  Secretary

                                      -8-
<PAGE>
                            DEBTCO LLC

                            By:  /s/ Alyssa Anton
                            Name:  Alyssa Anton
                            Title:  Treasurer and Secretary

                            CCPC ACQUISITION CORP.

                            By:  /s/ Alyssa Anton
                            Name:  Alyssa Anton
                            Title:

                            BW HOLDINGS, LLC.

                            By:  Whitehall Associates, L.P., its Managing Member

                              By:  KKR Associates, L.P., its General Partner

                                By:  /s/ Scott Stuart
                                Name:  Scott Stuart
                                Title:  General Partner

                            WKI HOLDING COMPANY, INC.

                            By:  /s/ Raymond J. Kulla
                            Name:  Raymond J. Kulla
                            Title:  Vice President and Secretary

                            WORLD KITCHEN, INC.

                            By:  /s/ Raymond J. Kulla
                            Name:  Raymond J. Kulla
                            Title:  Vice President and Secretary

                            ECKO GROUP, LLC

                            By:  WKI Holding Company, Inc.
                                 Sole Member

                                 By:  /s/ Raymond J. Kulla
                                 Name:  Raymond J. Kulla
                                 Title:  Vice President and Secretary

                                      -9-
<PAGE>
                            ECKO HOUSEWARES, INC.

                            By:  /s/ Raymond J. Kulla
                            Name:  Raymond J. Kulla
                            Title:  Vice President and Secretary

                            ECKO MANUFACTURING OF OHIO, INC.

                            By:  /s/ Raymond J. Kulla
                            Name:  Raymond J. Kulla
                            Title:  Vice President and Secretary

                            WKI LATIN AMERICA HOLDING, LLC

                              By:  /s/ Raymond J. Kulla
                              Name:  Raymond J. Kulla
                              Title:  Manager

                            WORLD KITCHEN (GHC), LLC

                            By:  WKI Holding Company, Inc.
                                 Sole Member

                              By:  /s/ Raymond J. Kulla
                              Name:  Raymond J. Kulla
                              Title:  Vice President and Secretary

                                      -10-
<PAGE>
                                                                       EXHIBIT A
                                                                       ---------

                             PBGC PENSION AGREEMENT
                             ----------------------

<PAGE>
                                                                       EXHIBIT B
                                                                       ---------

                          MINIMUM CASH FUNDING PAYMENTS
                          -----------------------------

          In addition to any minimum funding requirements in respect of the WKI
Pension Plan set forth in the PBGC Pension Agreement, WKI shall make the
following minimum cash payments to the WKI Pension Plan:

<TABLE>
<CAPTION>
PLAN YEAR  FUNDING DATE                                         MINIMUM CASH
---------  -----------------------------------------------  ---------------------
                                                             FUNDING PAYMENT FOR
                                                            ---------------------
                                                            APPLICABLE PLAN YEAR
                                                            ---------------------
<C>        <S>                                              <C>
2003       Between January 1,  2003 and September 15, 2004  $          13,000,000
2004       Between January 1, 2004 and September 15, 2005   $          10,000,000
2005       Between January 1, 2005 and September 15, 2006   $           2,500,000
2006       Between January 1, 2006 and September 15, 2007   $           2,500,000
</TABLE>

Notwithstanding anything in this Agreement, contributions to the WKI Pension
Plan for any given plan year will not be required to exceed WKI Pension Plan's
"Maximum Tax Deductible Contribution Amount" (as such term is defined in the
PBGC Pension Agreement).  If any portion of a contribution required under this
Agreement is not deductible, then that portion shall be carried over and paid in
the next taxable year in which it is deductible.  Any such carryover payment
will be in addition to any other enhanced contributions required for such next
year.

<PAGE>EXHIBIT 10.11

                              TAX MATTERS AGREEMENT

                                     BETWEEN

                             CCPC ACQUISITION CORP.

                                       AND

                            WKI HOLDING COMPANY, INC.
                            -------------------------

     This tax matters agreement ("Agreement") dated as of January 31, 2003, is
entered into between CCPC Acquisition Corp. ("CCPC"), WKI Holding Company, Inc.
(including its successors, "WKI"), and the direct and indirect subsidiaries of
WKI listed on Schedule I.

                                    RECITALS
                                    --------

     A.     CCPC acquired 92% of the outstanding shares of common stock of WKI
on April 1, 1998, and, since that time, CCPC, WKI, and the members of their
Affiliated Group, as defined below, have filed a consolidated tax return for
U.S. federal income tax purposes.

     B.     CCPC owns no material assets other than its stock in WKI.  Since
April 1, 1998, CCPC has not had any material gross income apart from any gross
income generated from its investments in the stock of WKI.

     C.     On May 31, 2002, WKI and various of its direct and indirect
subsidiaries (collectively, the "Debtors") filed for bankruptcy protection under
chapter 11 of the United States Bankruptcy Code, 11 U.S.C. Sec.Sec. 101, et seq.
                                                                         -- ----
(the "Bankruptcy Code"), in the United States Bankruptcy Court for the Northern
District of Illinois (the "Bankruptcy Court").  On November 15, 2002, the
Debtors filed the Second Amended Joint Plan of Reorganization of World Kitchen,
Inc., Its Parent Corporation and Its Subsidiary Debtors (as subsequently

<PAGE>
                                        2

modified, the "Plan") in connection with their bankruptcy filing.  The Plan was
confirmed by an order of the Bankruptcy Court dated December 23, 2002.

     D.     Pursuant to the Plan, the currently outstanding stock of WKI will be
cancelled and, as a result, WKI and its direct and indirect subsidiaries will
leave the Affiliated

     E.     CCPC is contemplating its dissolution in a proceeding under chapter
7 of the Bankruptcy Code.

     F.     The parties desire to designate WKI to act, for federal income tax
purposes, as sole agent for each member of the Affiliated Group, as defined
below, and to allocate responsibility for (1) the preparation of the Affiliated
Group's consolidated federal income Tax Returns for all periods prior to the
termination of the Affiliated Group (collectively, the "Pre-Termination
Period"), (2) the preparation of WKI's and its subsidiaries' other Tax Returns
for any period that includes any portion of the Pre-Termination Period, and (3)
dealing with federal income Tax and other Tax authorities in connection with all
Tax matters related to the Pre-Termination Period.

                                    AGREEMENT
                                    ---------

     In consideration of the mutual covenants and promises contained in this
Agreement, the parties agree as follows:

          1.     DEFINITIONS.  For purposes of this Agreement, the following
                 -----------
terms are defined as follows:

               (a)     "Affiliated Group" means the affiliated group of
corporations, within the meaning of section 1504(a) of the Code, of which CCPC
is the common parent.

               (b)     "Code" means the Internal Revenue Code of 1986, as
amended.

<PAGE>
               (c)     "Pre-Termination Period" has the meaning set forth in
Recital F.

               (d)     "Subsidiary" means any corporation or other entity whose
stock or membership interests are owned in whole or in part, directly or
indirectly through any entity or entities, by WKI.

               (e)     "Tax Return" means any return, report, form, statement,
or other documentation filed or maintained or required to be filed or maintained
with respect to or in connection with the calculation, determination,
assessment, or collection of any Taxes.

               (f)     "Taxes" means all federal, state, local, or foreign
income, gross receipts, windfall profits, severance, property, production,
sales, use, license, excise, franchise, employment, withholding, or similar
taxes imposed on the income, properties, or operations of the Affiliated Group
or any member or members of the Affiliated Group, together with any interest,
additions, or penalties with respect thereto and any interest in respect of such
additions or penalties.

          2.     DESIGNATION OF WKI AS AGENT FOR THE AFFILIATED GROUP FOR
                 --------------------------------------------------------
TAXABLE YEARS BEFORE JUNE 28, 2002.  CCPC will notify the Internal Revenue
----------------------------------
Service, pursuant to Treasury Regulations Sec. 1.1502-77A(d) and Revenue
Procedure 2002-43, Sec. 7, 2002-28 I.R.B. 99, that it is contemplating
dissolution under chapter 7 of the Bankruptcy Code and that it designates WKI to
act as its agent in its place under Treasury Regulations Sec. 1.1502-77A(a), to
the same extent and subject to the same conditions and limitations that are
applicable to CCPC.  Such designation will be for all taxable years of the
Affiliated Group beginning before June 28, 2002.  CCPC will not elect to apply
Treasury Regulations Sec. 1.1502-77(d)(1) to the taxable years encompassed by
this Section 2.

<PAGE>
          3.     DESIGNATION OF WKI AS AGENT FOR THE AFFILIATED GROUP FOR
                 --------------------------------------------------------
TAXABLE YEARS BEGINNING AFTER JUNE 27, 2002.  CCPC will notify the Internal
-------------------------------------------
Revenue Service, pursuant to Treasury Regulations Sec. 1.1502-77(d) and Revenue
Procedure 2002-43, Sec.  7, 2002-28 I.R.B. 99, that it is contemplating
dissolution under chapter 7 of the Bankruptcy Code and that it designates WKI
under Treasury Regulations Sec. 1.1502-77(d) to act as substitute agent in its
place under Treasury Regulations Sec. 1.1502-77(a).  Such designation will be
for all taxable years of the Affiliated Group beginning after June 27, 2002.
WKI agrees that it will act as substitute agent for all such taxable years.

          4.     PREPARATION OF FEDERAL INCOME TAX RETURNS.  WKI will prepare
                 -----------------------------------------
and cause to be filed all federal income Tax Returns for the Affiliated Group
for the Pre-Termination Period.  Prior to the effectiveness of WKI's appointment
as agent of the Affiliated Group under Section 2 or Section 3 of this Agreement,
as relevant, CCPC will sign all such Tax Returns and will execute any consent,
election, and other document that WKI determines, in its sole discretion, is
required or appropriate for the filing of such Tax Returns.  CCPC will provide
to WKI all information reasonably requested by WKI to carry out the provisions
of this Section 4.

          5.     PREPARATION OF OTHER TAX RETURNS.  WKI will prepare and cause
                 --------------------------------
to be filed for all periods all Tax Returns not encompassed by Section 4 of this
Agreement that relate, in whole or in part, to WKI or any of its Subsidiaries.
CCPC will sign such Tax Returns if WKI determines, in its sole discretion, that
CCPC's signature is required in order properly to execute such Tax Returns, and
CCPC will execute any consent, election, and other document that WKI determines,
in its sole discretion, is required or appropriate for the filing of such Tax
Returns.  CCPC will provide to WKI all information reasonably requested by WKI
to carry out any of the provisions of this Section 5.

<PAGE>
          6.     AUTHORITY TO ACT IN CONNECTION WITH FEDERAL INCOME TAX MATTERS.
                 --------------------------------------------------------------
Prior to the effectiveness of WKI's appointment as agent of the Affiliated Group
under Section 2 or Section 3 of this Agreement, as relevant, WKI will have the
sole and exclusive authority to act on behalf of the Affiliated Group in
connection with all matters related to the determination of federal income Taxes
for the Pre-Termination Period.  Thus, among other things, WKI will have the
sole and exclusive right for any Pre-Termination Period (a) to contest,
compromise, or settle any adjustment or deficiency proposed, asserted, or
assessed by the Internal Revenue Service against any member of the Affiliated
Group for any Pre-Termination Period, and (b) to control any administrative,
judicial, or other proceeding involving the Affiliated Group's consolidated
federal income Tax Return or the federal income Tax liability of any member of
the Affiliated Group.  CCPC will execute any consent and any other document that
WKI determines, in its sole discretion, is required or appropriate for WKI to
exercise its authority specified in this Section 6.

          7.     AUTHORITY TO ACT IN CONNECTION WITH OTHER TAX MATTERS. WKI will
                 -----------------------------------------------------
have the sole and exclusive authority to act on behalf of itself and each of its
Subsidiaries in connection with all matters related to the determination of any
Tax not encompassed by Section 6 of this Agreement, for all periods.  Thus,
among other things, WKI will have the sole and exclusive right (a) to contest,
compromise, or settle any adjustment or deficiency proposed, asserted, or
assessed by any non-federal income Tax authority against WKI or any of its
Subsidiaries, and (b) to control any administrative, judicial, or other
proceeding involving any non-federal income Tax Return or Tax liability of WKI
or any of its Subsidiaries.  CCPC will execute any consent and any other
document that WKI determines, in its sole discretion, is required or appropriate
for WKI to exercise its authority specified in this Section 7.

<PAGE>
          8.     TERMINATION OF TAX SHARING AGREEMENT.  The parties hereby
                 ------------------------------------
terminate the Tax Sharing Agreement ("Tax Sharing Agreement") entered into as of
April 30, 1998, between CCPC, Corning Consumer Products Company (the predecessor
of WKI), and Revere Ware Corporation. The Tax Sharing Agreement will have no
further force or effect.

     IN WITNESS WHEREOF, each of the parties has caused this Agreement to be
executed by its respective duly authorized officers as of the date set forth
above.

                          CCPC ACQUISITION CORP.

                          By:  /s/ Alyssa Anton

                          WKI HOLDING COMPANY, INC., on behalf of itself
                          and its Subsidiaries listed on the attached Schedule I

                          By:  /s/ John Sorensen

<PAGE>

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