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                                                                   EXHIBIT 10.04

                               SEVERANCE AGREEMENT

Eastman Chemical Company, its successors and assigns, ("Eastman"), and James L.
Chitwood ("Employee"), in exchange of their mutual promises and other
acknowledged consideration, agree as follows:

1.                That Eastman will pay to Employee a Severance Payment
         ("Severance") of approximately eight hundred and fifty thousand dollars
         ($850,000.00). This Severance shall replace any other severance payment
         that Employee would otherwise be entitled to receive. Such amount shall
         be paid to Employee on or about January 1, 2002.

2.                That on July 2, 2001 Eastman will grant to Employee a
         non-qualified stock option to purchase, on terms and conditions
         established by the Company, fifty thousand shares of Eastman common
         stock at the closing price on date of issue.

3.                That any existing options held by Employee will vest according
         to the schedules applicable under existing option grants.

4.                That Eastman agrees to place Employee's residence located at
         4412 Beechcliff Drive, Kingsport, Tennessee in Eastman's Home Purchase
         Program and to make a special payment to Employee equal to the federal
         capital gains taxes resulting from sale of this residence.

5.                That Employee shall be entitled to receive all bonus payments,
         incentive pay plans, pensions and benefits that he would ordinarily be
         entitled to receive under plans or practice existing at the time of his
         January 1, 2002 retirement.

6.                That all terms and conditions of Employee Agreements
         previously executed by Employee, including but not limited to those
         sections relating to noncompetition, shall remain in effect. In
         addition, Employee promises that he will not solicit business related
         to or otherwise in competition with Eastman products or services from
         Eastman customers for a period of two (2) years.

7.                That this Severance Agreement is the complete and sole
         understanding of the parties as to this Agreement. There are no other
         understanding or agreements, either written or oral, that shall have
         any effect.

8.                The parties acknowledge that Employee's entitlement to any
         benefit or payment specified in this Severance Agreement is expressly
         contingent on Employee rendering satisfactory performance through
         December 31, 2001, as determined by Eastman in good faith.

                                                --------------------------------
                                                James L. Chitwood

                                                --------------------------------
                                                Eastman Chemical Company

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                                                                   EXHIBIT 10.05

                               SEVERANCE AGREEMENT

Eastman Chemical Company, its successors and assigns, ("Eastman"), and Garland
Williamson ("Employee"), in exchange of their mutual promises and other
acknowledged consideration, agree as follows:

1.       That Eastman will pay to Employee a Severance Payment ("Severance") of
         approximately seven hundred and fifty thousand dollars ($750,000.00).
         This Severance shall replace any other severance payment that Employee
         would otherwise be entitled to receive. Such amount shall be paid to
         Employee on or about January 1, 2002.

2.       That on July 2, 2001 Eastman will grant to Employee a non-qualified
         stock option to purchase, on terms and conditions established by the
         Company, fifty thousand shares of Eastman common stock at the closing
         price on date of issue.

3.       That any existing options held by Employee will vest according to the
         schedules applicable under existing option grants.

4.       That Eastman agrees to place Employee's residence located at 1924
         Birchwood Road, Kingsport, Tennessee in Eastman's Home Purchase
         Program.

5.       That Employee shall be entitled to receive all bonus payments,
         incentive pay plans, pensions and benefits that he would ordinarily be
         entitled to receive under plans or practice existing at the time of his
         January 1, 2002 retirement.

6.       That all terms and conditions of Employee Agreements previously
         executed by Employee, including but not limited to those sections
         relating to noncompetition, shall remain in effect. In addition,
         Employee promises that he will not solicit business related to or
         otherwise in competition with Eastman products or services from Eastman
         customers for a period of two (2) years.

7.       That this Severance Agreement is the complete and sole understanding of
         the parties as to this Agreement. There are no other understanding or
         agreements, either written or oral, that shall have any effect.

8.       The parties acknowledge that Employee's entitlement to any benefit or
         payment specified in this Severance Agreement is expressly contingent
         on Employee rendering satisfactory performance through December 31,
         2001, as determined by Eastman in good faith.

                                                --------------------------------
                                                Garland Williamson

                                                --------------------------------
                                                Eastman Chemical Company

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                                                                   Exhibit 10.1

                               NORTEL NETWORKS CORPORATION
                               NORTEL NETWORKS LIMITED
                               8200 DIXIE ROAD SUITE 100
                               BRAMPTON ON  L6T 5P6  CANADA

         EXECUTIVE OFFICES

                               PRIVATE
                               -------

                               June 22, 2001

                               Mr. Lynton R. Wilson
                               483 Bay Street
                               Floor 7, North Tower
                               Toronto, Ontario
                               M5G 2E1

                               Dear Red:

                               In furtherance of your recent appointment as
                               non-executive Chairman of the Board of Nortel
                               Networks Corporation (NNC) and Nortel Networks
                               Limited (NNL) on April 26, 2001 and as approved
                               by the Boards of Directors on May 24, 2001, I am
                               pleased to set out the terms of your
                               remuneration. In accordance with the general
                               by-laws of NNC and NNL, your position as
                               non-executive Chairman is subject to an annual
                               appointment by the Boards of Directors of NNC and
                               NNL at the Board of Directors' organizational
                               meetings immediately following the annual
                               shareholders meetings.

                               During the term of your tenure as Chairman of the
                               Board and in compensation for your performance of
                               the duties of Chairman, NNC and NNL will each pay
                               you, in addition to the fees and retainers
                               received as a Director of NNC and NNL, a fee of
                               US$15,000 per month commencing on May 1, 2001.
                               You will be reimbursed for all reasonable travel,
                               living and entertainment expenses incurred by you
                               in the performance of your duties as Chairman of
                               the Board of NNC and NNL.

                               In addition, as further compensation for your
                               performance of the duties of Chairman, the NNC
                               Board of Directors confirmed the grant to you on
                               May 24, 2001 of 30,000 stock options under the
                               NNC 2000 Stock Option Plan. An instrument
                               evidencing the terms and conditions of your
                               option grant will be provided to you separately.
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                               In your role as Chairman, you will be made aware,
                               through meetings with senior officers and
                               materials sent to you, of ongoing corporate
                               activities which will include confidential
                               information not in the public domain. As a
                               result, it is a requirement that you maintain
                               such information confidential during the term of
                               your tenure as Chairman of the Board of NNC and
                               NNL and for a reasonable period after you cease
                               to be Chairman. From time to time, you may also
                               come into possession of material non-public
                               information which will restrict your ability to
                               trade in shares of NNC and NNL.

                               If you find the terms outlined above agreeable,
                               would you please evidence your acceptance and
                               agreement by signing the duplicate copy of this
                               letter and returning it to Deborah Noble,
                               Corporate Secretary of Nortel Networks
                               Corporation and Nortel Networks Limited.

                               Yours very truly,

                               "L. Y. Fortier"

                               L. Y. Fortier
                               Chairman
                               Committee on Directors

                               Nortel Networks Corporation
                               Director
                               Nortel Networks Limited

                               Accepted and Agreed:

                               "L.R. Wilson"
                               _______________________

                               L.R. Wilson

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