Document:

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                                                                    EXHIBIT 10.1

                 SECOND SUPPLEMENT TO NOTE PURCHASE AGREEMENTS

     This SECOND SUPPLEMENT TO NOTE PURCHASE AGREEMENTS (the "Second
Supplemental Agreement") is made and dated as of May 16, 2000, by and among
Converse Inc. (the "Company"), and Libra Investments, Inc. ("Libra"), Foothill
Partners III, L.P. ("Foothill"), DDJ Canadian High Yield Fund ("DDJ Canadian"),
and B III Capital Partners, L.P. ("DDJ Capital") (Libra, Foothill, DDJ Canadian,
and DDJ Capital collectively the "Purchasers" or individually a "Purchaser").

                                  WITNESSETH:

     WHEREAS, the Company and the Purchasers are parties to several
substantially identical Note Purchase Agreements dated as of September 16, 1998
(collectively the "Note Purchase Agreements" or individually a "Note Purchase
Agreement"), pursuant to which the Company issued and sold its 15% senior
secured notes, in two series, in the aggregate principal amount of $28,642,687,
as more fully set forth therein (the "Secured Notes"); and

     WHEREAS, the Note Purchase Agreements were supplemented in a Supplement to
Note Purchase Agreements dated as of November 15, 1999 (the "Supplemental
Agreement"), pursuant to which the parties (i) acknowledged the consent of the
Purchasers to the sale of certain Proprietary Rights by the Company, (ii) waived
certain provisions under the Note Purchase Agreements, and (iii) amended certain
provisions of the Note Purchase Agreements, as more fully set forth therein;

     WHEREAS, the Company and the Purchasers desire to supplement further the
Note Purchase Agreements, as supplemented by the Supplemental Agreement
(collectively the "Supplemented Note Purchase Agreements" or individually a
"Supplemented Note Purchase Agreement"), in order to waive certain provisions
under the Supplemented Note Purchase Agreements and in order to amend and
confirm certain provisions of the Supplemented Note Purchase Agreements, as more
fully set forth herein.

     NOW, THEREFORE, in consideration of the premises and the mutual agreements
herein contained and other good and valuable consideration, the adequacy of
which is hereby acknowledged, and on and subject to the terms and conditions
hereof, the parties agree as follows:

     SECTION 1.  DEFINITIONS.  Unless otherwise defined herein, all capitalized
terms shall have the respective meanings given to them in the Supplemented Note
Purchase Agreements.
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     SECTION 2.  CERTIFICATIONS OF PURCHASERS.  The Purchasers severally
represent and warrant as follows:

          (a) Libra. Libra is (i) the purchaser and remains the holder of that
     Series A Secured Note in the principal amount of $4,142,931 and (ii) the
     party in interest as "Purchaser" under the related Supplemented Note
     Purchase Agreement, and in such capacity Libra is authorized to extend
     consents, waivers, and amendments with respect to its Supplemented Note
     Purchase Agreement as set forth herein.

          (b) Foothill. Foothill is (i) the purchaser and remains the holder of
     that Series A Secured Note in the principal amount of $10,357,328 and (ii)
     the party in interest as "Purchaser" under the related Supplemented Note
     Purchase Agreement, and in such capacity Foothill is authorized to extend
     consents, waivers, and amendments with respect to its Supplemented Note
     Purchase Agreement as set forth herein.

          (c) DDJ Canadian. DDJ Canadian is (i) the purchaser and remains the
     holder of that Series A Secured Note in the principal amount of $4,045,408
     and that Series B Secured Note in the aggregate principal amount of
     $1,478,400 and (ii) the party in interest as "Purchaser" under the related
     Supplemented Note Purchase Agreement, and in such capacity DDJ Canadian is
     authorized to extend consents, waivers and amendments with respect to its
     Supplemented Note Purchase Agreement as set forth herein.

          (d) DDJ Capital. DDJ Capital is (i) the purchaser and remains the
     holder of that Series A Secured Note in the principal amount of $6,311,920
     and that Series B Secured Note in the aggregate principal amount of
     $2,306,700 and (ii) the party in interest as "Purchaser" under the related
     Supplemented Note Purchase Agreement, and in such capacity DDJ Capital is
     authorized to extend consents, waivers and amendments with respect to its
     Supplemented Note Purchase Agreement as set forth herein.

     SECTION 3.  WAIVER.  The Purchasers hereby grant to the Company a waiver of
the requirements for minimum EBITDA under the provisions of Section 9.7 of the
Note Purchase Agreements, as supplemented by the Supplemental Agreement, for the
3 month period ending March 31, 2000, and hereby agree that the failure to
comply with such minimum EBITDA requirements for such 3 month period shall not
constitute a Default or an Event of Default under the Supplemented Note Purchase
Agreements.

     SECTION 4.  COVENANT.  The Company covenants that the Company will not
redeem, repurchase, retire for value, or make any further payment of the
principal of or interest on the Subordinated Notes, unless and until the Secured
Notes shall have been paid in full or unless and until the Required Holders
shall have otherwise consented in writing to such payment.

     SECTION 5.  CONFIRMATION AND AMENDMENT.

          (a) The Company confirms that in the event the Company shall transfer
     any assets consisting of the Proprietary Rights (which the Company
     acknowledges requires the written consent of the Required Holders pursuant
     to Section 9.5(a) of the Note Purchase Agreements), then the Net Cash
     Proceeds of such transfer shall be applied to the indebtedness and
     obligations under the Revolving Credit Agreement and to the principal and
     interest under the Secured Notes, within 5 Business Days of receipt, as
     provided in Section 7.2 of the Note Purchase Agreements, as amended in this
     Second Supplemental Agreement.

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          (b) The provisions of subsection (a) of Section 7.2 of the Note
     Purchase Agreements are deleted in their entirety, and the same shall be
     replaced with the following:

               Upon receipt by the Company of the Net Cash Proceeds from any
          Asset Disposition which exceeds $250,000 individually or which,
          together with the Net Cash Proceeds from other Asset Dispositions
          during the same fiscal year, exceeds $1,000,000 in the aggregate, the
          Company shall, within 5 days of the receipt of such Net Cash Proceeds,
          prepay the Secured Notes in an amount equal to the lesser of (i) the
          then outstanding aggregate principal amount of the Secured Notes and
          (ii) the amount of such excess Net Cash Proceeds less, in either case,
          the portion, if any, of such excess proceeds required to be applied to
          the repayment of indebtedness and other obligations outstanding under
          the Revolving Credit Agreement in accordance with the terms and
          conditions thereof, in either case, together with accrued interest to
          the date of such prepayment on the principal amount of the Secured
          Notes so prepaid and all fees, expenses and other payments due to the
          holders of the Secured Notes under the Note Documents. To the extent
          necessary, any prepayment provided for herein shall be made with the
          proceeds of advances under the Revolving Credit Agreement.

     SECTION 6.  CONDITION PRECEDENT.  The effectiveness of this Second
Supplemental Agreement is expressly conditioned upon satisfaction of the
condition that the Required Lenders (as defined in the Revolving Credit
Agreement) under the Revolving Credit Agreement shall have waived non-compliance
with the requirements of Section 7.7 of the Revolving Credit Agreement with
respect to minimum EBITDA of the Company for the 12 month period ending March
31, 2000.

     SECTION 7.  CERTIFICATION OF THE COMPANY.  The Company represents and
warrants that the Company is, upon the effectiveness of this Second Supplemental
Agreement, in compliance with the terms and provisions set forth in the
Supplemented Note Purchase Agreements, as hereby amended, and in compliance with
the payment obligations under the Secured Notes.

     SECTION 8.  PAYMENT.  The Company shall pay the Purchasers which are
signatories to this Second Supplemental Agreement a supplement fee, which
supplement fee shall be paid by means of the remittance to those Purchasers of
up to $100,000 in the aggregate, and which supplement fee shall be paid at the
time of the full repayment of the principal balance of the Secured Notes,
accompanied by interest accruing on the unpaid balance of such supplement fee at
the rate of 15% per annum from the date hereof until the date paid or prepaid.
The amount to be so remitted to each such Purchaser as its share of the
supplement fee and related interest shall be determined by multiplying $100,000
by the percentage calculated by dividing the principal amount of the Secured
Notes held by such Purchaser as of the date hereof by the aggregate principal
amount of the Secured Notes held by all the Purchasers as of the date hereof.

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     SECTION 9.  OBLIGATIONS IN FULL FORCE AND EFFECT.  Except as herein amended
or otherwise provided (by consent or waiver), the Note Purchase Agreements, as
supplemented by the Supplemental Agreement, and the Ancillary Documents shall
remain in full force and effect.

     SECTION 10.  COUNTERPARTS.  This Second Supplemental Agreement may be
executed in counterparts, each of which shall be deemed an original, but all of
which together shall constitute one and the same documents.

     IN WITNESS WHEREOF, the parties hereto have executed this Second
Supplemental Agreement as of the day and year specified above.

                                 COMPANY:

                                 CONVERSE INC.

                                 By: /s/ Donald Camacho
                                     --------------------------------------
                                     Name:  Donald J. Camacho
                                            -------------------------------
                                     Title: Sr. VP and CFO
                                            -------------------------------

                                 PURCHASERS:

                                 LIBRA INVESTMENTS, INC.

                                 By:
                                     --------------------------------------
                                     Name:
                                            -------------------------------
                                     Title:
                                            -------------------------------

                                 FOOTHILL PARTNERS III, L.P.

                                 By: /s/ Jeff Nikora
                                     --------------------------------------
                                     Name:  Jeff Nikora
                                            -------------------------------
                                     Title: GP
                                            -------------------------------

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                                 DDJ CANADIAN HIGH YIELD FUND
                                 By:  DDJ Capital Management, LLC, its
                                       attorney-in-fact

                                 By: /s/ Judy K. Mencher
                                     --------------------------------------
                                     Name:  Judy K. Mencher
                                            -------------------------------
                                     Title: Member
                                            -------------------------------

                                 B III CAPITAL PARTNERS, L.P.
                                 By:  DDJ Capital III, LLC, its General Partner
                                 By:  DDJ Capital Management, LLC, Manager

                                 By: /s/ Judy K. Mencher
                                     --------------------------------------
                                     Name:  Judy K. Mencher
                                            -------------------------------
                                     Title: Member
                                            -------------------------------

                                       5AMENDED & RESTATED SEVERANCE AGREEMENT, WALSKE 2/10

 EXHIBIT 10.1

 AMENDED AND RESTATED AGREEMENT

      This Amended and Restated
   Agreement is entered into as of this 10th day of February, 2000 between
   Parametric Technology Corporation, a Massachusetts corporation (the
   "Company"), and Steven C. Walske (the "Executive"), and
   amends and restates the Agreement dated June 20, 1990, as amended, between
   the Company and the Executive. 

      WHEREAS, the Executive is
   the Chairman of the Board and Chief Executive Officer of the Company;
   and

      WHEREAS, to provide
   incentive for the Executive to remain with the Company, the Company desires
   to make the following arrangements with the Executive concerning his
   termination of employment;

      NOW, THEREFORE, the
   Company and the Executive hereby agree as follows:

      1.     
   Termination Notice. The Company agrees that it may not terminate the
   employment of the Executive unless (i) it does so for Cause (as defined
   below) or (ii) the Company has delivered to the Executive a written notice
   of such termination of employment (the "Termination Notice") at
   least six months in advance of the effective date thereof. The duties of the
   Executive during the period from the date of delivery of a Termination
   Notice until the termination of his employment shall be as determined by the
   Board of Directors.

      2.     
   Salary.

           
       (a)      During the period
   from the date of delivery of a Termination Notice (the "Notice
   Date") until the earlier of (i) the date six months after the Notice
   Date, or (ii) the date the Executive commences employment with another
   company or organization, the Company shall pay to the Executive a salary
   (the "Severance Period Salary") that is equal, on an annualized
   basis, to two times the highest annual salary (excluding any bonuses) in
   effect with respect to the Executive during the six-month period immediately
   preceding the Termination Notice.

           
       (b)      In the event that
   a Change in Status of the Executive occurs prior to a Notice Date, the
   Company shall pay the Severance Period Salary to the Executive during the
   period from the effective date of the Change in Status until the earlier of
   (i) the date six months after such date or (ii) the date the Executive
   commences employment with another company or organization; and the Company
   shall have no obligation to make any payments to the Executive under Section
   2(a) above. 

           
       (c)      In the event that
   the Executive remains employed with the Company for a period of six months
   following the earlier of (i) a Notice Date or (ii) the effective date of a
   Change in Status, the Company shall pay to the Executive on such six-month
   anniversary date an amount equal to the most recent fiscal year end bonus
   paid to the Executive. For purposes of this

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 Agreement, "fiscal year end bonus" shall include all amounts paid to
   the Executive under any bonus plans or programs of the Company with respect
   to his services to the Company in the preceding fiscal year.

      3.     
   Stock Options.

           
       (a)      Effective upon (i)
   a Change in Control (as defined below) of the Company or (ii) the death or
   Disability (as defined below) of the Executive, all stock options granted to
   the Executive and then outstanding under any Stock Option Plan (as defined
   below) of the Company shall become exercisable in full, notwithstanding any
   vesting schedule or other provisions to the contrary in the agreements
   evidencing such options; and the Company and the Executive hereby agree that
   such option agreements are hereby and will be deemed amended to give effect
   to this provision.

           
       (b)      Effective upon (i)
   a termination by the Company of the Executive's employment without Cause or
   (ii) a Change in Status of the Executive, all stock options granted to the
   Executive and then outstanding under any Stock Option Plan of the Company
   shall become exercisable for such number of shares of common stock for which
   such options would have been exercisable had the Executive's employment with
   the Company continued for one year following the date of the employment
   termination or the Change in Status, as the case may be, notwithstanding any
   vesting schedule or other provisions to the contrary in the agreements
   evidencing such options; and the Company and the Executive hereby agree that
   such option agreements are hereby amended to give effect to this
   provision.

      4.     
   Definitions.

           
       (a)      The Company shall
   be deemed to have terminated the Executive's employment for
   "Cause" if it does so (i) for the Executive's willful and
   continued failure to substantially perform his duties to the Company (other
   than any such failure resulting from the Employee's incapacity due to
   physical or mental illness or any such actual or anticipated failure after a
   Change in Status of the Executive), provided that the Company has delivered
   a written demand for substantial performance to the Executive specifically
   identifying the manner in which the Company believes that the Executive has
   not substantially performed his duties and that the Executive has not cured
   such failure within 30 days after such demand, (ii) for willful conduct by
   the Executive which is demonstrably and materially injurious to the Company,
   or (iii) for the Executive's willful violation of any material provision of
   any confidentiality, nondisclosure, assignment of invention, noncompetition
   or similar agreement entered into by the Executive in connection with his
   employment by the Company. For purposes of this paragraph, no act or failure
   to act on the Executive's part shall be deemed "willful" unless
   done or omitted to be done by the Executive not in good faith and without
   reasonable belief that his action or omission was in the best interests of
   the Company.

           
       (b)      A "Change in
   Control" of the Company shall mean the occurrence of any of the
   following events: (i) any "person", as such term is used in
   Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended
   (the "Exchange Act") (other than the Company, any trustee or other
   fiduciary holding securities under an employee benefit plan of the Company,
   or any

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 corporation owned directly or indirectly by the stockholders of the Company in
   substantially the same proportion as their ownership of stock of the
   Company) is or becomes the "beneficial owner" (as defined in Rule
   13d-3 under the Exchange Act), directly or indirectly, of securities of the
   Company representing 50% or more of the combined voting power of the
   Company's then outstanding securities (other than as a result of
   acquisitions of such securities from the Company); (ii) individuals who, as
   of the date hereof, constitute the Board of Directors of the Company (the
   "Incumbent Board") cease for any reason to constitute at least a
   majority of the Board, provided that any person becoming a director
   subsequent to the date hereof whose election, or nomination for election by
   the Company's stockholders, was approved by a vote of at least a majority of
   the directors then comprising the Incumbent Board (other than an election or
   nomination of an individual whose initial assumption of office is in
   connection with an actual or threatened election contest relating to the
   election of the directors of the Company) shall be, for purposes of this
   Agreement, considered to be a member of the Incumbent Board; (iii) the
   stockholders of the Company approve a merger or consolidation of the Company
   with any other corporation, other than (A) a merger or consolidation which
   would result in the voting securities of the Company outstanding immediately
   prior thereto continuing to represent (either by remaining outstanding or by
   being converted into voting securities of the surviving entity) more than
   50% of the combined voting power of the voting securities of the Company or
   such surviving entity outstanding immediately after such merger or
   consolidation or (B) a merger or consolidation effected to implement a
   recapitalization of the Company (or similar transaction) in which no
   "person" (as defined above) acquires more than 20% of the combined
   voting power of the Company's then outstanding securities; or (iv) the
   stockholders of the Company approve a plan of complete liquidation of the
   Company or an agreement for the sale or disposition by the Company of all or
   substantially all of the Company's assets.

           
       (c)      A "Change in
   Status" of the Executive shall mean the occurrence, without the
   Executive's written consent, of any of the following circumstances (unless
   such circumstances constitute an isolated, insubstantial and inadvertent
   action not taken in bad faith and are fully remedied by the Company within
   30 days after receipt of notice thereof given by the Executive): (i) any
   diminution or change in a manner adverse to the Executive of (A) his title,
   office or position with the Company, (B) his salary or other benefits, or
   (C) his duties, responsibilities or employment condition, or (ii) the
   failure by the Company to pay to the Executive any portion of his
   compensation within ninety (90) days after such compensation is
   due.

           
       (d)
        "Disability" shall mean the
   inability of the Executive, for a period of at least 60 consecutive days, to
   perform his employment duties as a result of a physical or mental illness or
   incapacity.

           
       (e)      A "Stock
   Option Plan" of the Company shall mean any stock option or equity
   compensation plan of the Company in effect at any time.

      5.     
   Term. This Agreement shall continue in effect until February 28,
   2003, unless extended by the mutual written consent of the Company and the
   Executive.

      6.     
   Successors.

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       (a)      This Agreement is
   personal to the Executive and without the prior written consent of the
   Company shall not be assignable by the Executive otherwise than by will or
   the laws of descent and distribution.

           
       (b)      This Agreement
   shall inure to the benefit of and be binding upon the Company and its
   successors and assigns.

           
       (c)      The Company will
   require any successor (whether direct or indirect, by purchase, merger,
   consolidation or otherwise) to all or substantially all of the business
   and/or assets of the Company to assume expressly and agree to perform this
   Agreement in the same manner and to the same extent that the Company would
   be required to perform it if no such succession had taken place. As used in
   this Agreement, "Company" shall mean the Company as defined above
   and any successor to its business and/or assets as aforesaid which assumes
   and agrees to perform this Agreement.

      7.     
   Miscellaneous.

           
       (a)      This Agreement
   shall be governed by and construed in accordance with the laws of the
   Commonwealth of Massachusetts, without reference to principles of conflict
   of laws.

           
       (b)      This Agreement may
   not be amended or modified otherwise than by a written agreement executed by
   the parties hereto or their respective successors and legal
   representatives.

           
       (c)      All notices and
   other communications hereunder shall be in writing and shall be delivered by
   hand delivery, by a reputable overnight courier service, or by registered or
   certified mail, return receipt requested, postage prepaid, in each case
   addressed as follows:

           
       If to the Company:

           
       Parametric Technology Corporation
 

           
       128 Technology Drive
 

           
       Waltham, MA 02453
 

              
      Attention: Corporate Counsel 

           
       If to the Executive:

           
       Steven C. Walske
 

           
       164 Chestnut Hill Road
 

           
       Chestnut Hill, MA 02167

 or to such other address as either party shall have
   furnished to the other in writing in accordance herewith. Any Notice or
   communication shall be deemed to be delivered upon the date of hand
   delivery, one day following delivery to such overnight courier service, or
   three days following mailing by registered or certified mail.

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      EXECUTED as of the date
   first written above. 

 	 	PARAMETRIC TECHNOLOGY CORPORATION
	 	 	 
	 	By:	/s/ C. Richard Harrison 
	 	 	 
 
	 	 	C. Richard Harrison
   

   President and Chief Operating Officer 
	 	 	 
	 	 	/s/ Steven C. Walske
	 	 	 
 
	 	 	Steven C. Walske

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