Document:

FORM OF EXECUTIVE AGREEMENT

 EXHIBIT 10.1 
  
 FORM OF EXECUTIVE AGREEMENT 
  
 The following Executive Agreement has been entered into with the following officers as of the date indicated opposite their name: 
  

	 Barry F. Cohen
 Executive Vice President, Strategic Services and Partners
	  	January 21, 2003
		
	 Paul J. Cunningham
 Executive Vice President, Worldwide Sales
	  	January 21, 2003
		
	 James E. Heppelmann
 Executive Vice President, Software Solutions and Chief Technology Officer
	  	January 21, 2003
		
	 Cornelius F. Moses
 Executive Vice President and Chief Financial Officer
	  	June 24, 2003

 EXECUTIVE AGREEMENT 
  
         This Agreement is entered into as of the
             day of             , 200_ between Parametric Technology Corporation, a Massachusetts corporation (the
“Company”), and [Executive], [Address] (the “Executive”). 
  
         WHEREAS, the Executive is the [Executive Title] 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 certain payments and benefits to be provided to the Executive in the event of the termination of his employment without cause or in the event of certain other events specified herein; 
  
         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 twelve (12) 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 and Benefits. 
  

	 	(a)	 	During the period from the date of delivery of a Termination Notice (the “Notice Date”) until the earlier of (i) the date twelve (12) months after the Notice Date, or (ii)
the date the Executive commences employment with another company or organization, it being agreed that the Executive shall immediately notify the Company of such event (the “Severance Period”), and so long as the Executive is in compliance
with the terms of this Agreement and any material provision of any other written agreement with the Company, the Company shall (A) pay to the Executive, per normal payroll practice, a salary (the “Severance Period Salary”) at a rate equal,
on an annualized basis, to the highest annual salary (excluding any bonuses) in effect with respect to the Executive during the six month period immediately preceding the Termination Notice and (B) provide the Executive with employee benefits,
including health insurance, dental insurance, life insurance, participation in the Company’s 401(k) plan and Employee Stock Purchase Plan and short-term and long-term disability coverage, pursuant to the same terms and conditions under which
the Company makes such benefits available to employees generally, all subject to the terms and conditions of the respective plans and applicable law (collectively, the “Severance Period Benefits”). 

  

	 	(b)	 	In the event that (i) there is a Change in Control (as defined below) of the Company and (ii) within twelve (12) months thereafter, a Change in Status (as defined below) of the
Executive occurs, and so long as the Executive is in compliance with the terms of this Agreement and any material provision of any other written agreement with the Company, the Company shall pay the Severance Period Salary and provide the Severance
Period Benefits to the Executive during the period from the effective date of the Change in Status until the earlier of (i) the date twelve (12) months after such date or (ii) the date the Executive commences employment with another company or
organization, it being agreed that the Executive shall 

  

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 immediately notify the Company of such event. Such compensation and benefits, and those provided under Section 3, shall
be in lieu of any other compensation and benefits to the Executive with respect to any continuing employment during such period, and the Company shall have no obligation to make any payments or provide any benefits to the Executive under Section
2(a) above. 
  
 3.    Stock Options and Other Equity
Awards.     Effective upon a Change in Control, (i) all outstanding stock options and stock appreciation rights (“SARs”) granted under any Stock Plan (as defined below) held by Executive shall immediately become
exercisable in full, (ii) all restrictions applicable to restricted stock held by Executive under any Stock Plan shall immediately lapse, and (iii) all other criteria for vesting of any award granted under any Stock Plan and held by Executive shall
be deemed to have been met, notwithstanding any vesting schedule or other provisions to the contrary in the agreements evidencing such stock options, SARs, restricted stock or other award. The Company and Executive hereby agree that such agreements
are hereby and will be deemed 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, (iii) because the Executive has been convicted of, or has pled guilty or
nolo contendere to, a felony or (iv) 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 corporation owned directly or
indirectly by the stockholders of the Company in substantially the same proportion as their ownership of stock in 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

  

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 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 consummation of a merger, share exchange or consolidation of the Company or any subsidiary of the Company with any
other corporation (each a “Business Combination”), other than (A) a Business Combination that 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 another entity) beneficial ownership, directly or indirectly, of a majority of the combined voting power of the Company or the surviving entity (including any person that, as a result of
such transaction, owns all or substantially all of the Company’s assets either directly or through one or more subsidiaries) outstanding immediately after such Business Combination or (B) a merger, share exchange or consolidation effected to
implement a recapitalization of the Company (or similar transaction) in which no “person” (as defined above) is or becomes the beneficial owner of 50% or more of the combined voting power of the Company’s then outstanding securities;
or (iv) the stockholders of the Company approve (A) a plan of complete liquidation of the Company; or (B) an agreement for the sale or disposition by the Company of all or substantially all of the Company’s assets but excluding a sale or
spin-off of a product line, business unit or line of business of the Company if the remaining business is significant as determined by the Company’s board of directors in its sole discretion. 
  

	 	(c)	 	A “Change in Status” of the Executive shall mean the occurrence, without the Executive’s written consent and without Cause, 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 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 (other than diminutions that are made generally with respect to substantially all executives of similar rank), or (C) his duties,
responsibilities or employment condition, (ii) the Company’s requiring the Executive (without his consent) to be based at any office or location more than fifty (50) miles from the location of his principal office on the date of this Agreement,
or (iii) 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)	 	A “Stock Plan” of the Company shall mean any stock option or equity compensation plan of the Company in effect at any time, including without limitation the 1987 Incentive
Stock Option Plan, the 1997 Incentive Stock Option Plan, the 1997 Nonqualified Stock Option Plan and the 2000 Equity Incentive Plan. 

  
 5.    Taxes. 
  

	 	(a)	 	Withholding.    All payments to be made to the Executive under this Agreement will be subject to any required withholding of federal, state and local
income and employment taxes. 

  

	 	(b)	 	Payment Limitation.    Notwithstanding anything in this Agreement to the contrary, if the Company determines, based on the opinion of its independent
accountants 

  

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 serving as such immediately prior to the Change in Control (the “Accounting Firm”), that any of
the payments provided for in this Agreement, together with any other payments that must be included in such determination, would constitute an “Excess Parachute Payment” (as defined in Section 280G (or any successor provision thereof) of
the Internal Revenue Code of 1986, as amended (the “Code”), and proposed and final regulations thereunder), the payments pursuant to this Agreement shall be reduced to the maximum amount that would permit a determination that the Executive
has not received an Excess Parachute Payment (the “Maximum Amount”) unless the after-tax amount payable to the Executive hereunder without regard to the foregoing limitation (“Uncapped After-Tax Amount,” as defined below) exceeds
the after-tax amount payable to the Executive with regard to such limitation (“Capped After-Tax Amount,” as defined below) by 10% or more. Any such determination or reduction in amounts payable pursuant to this Agreement shall be made in
accordance with the following provisions. 
  

	 	(i)	 	For purposes of determining whether the amounts payable to the Executive pursuant to this Agreement shall be reduced to the Maximum Amount, the following terms shall have the
meaning indicated. 

  

	 	(A)	 	The “Uncapped After-Tax Amount” shall be equal to the sum of the amounts payable pursuant to this Agreement (without regard to this paragraph 5(b)) and pursuant to all
benefit and compensation plans and arrangements that must, pursuant to the Code, be included in determining whether an Excess Parachute Payment has been made, less the Income Tax Amount on such sum and the 20% excise tax under Section 4999 of the
Code that would be due on all Excess Parachute Payments. 

  

	 	(B)	 	The “Capped After-Tax Amount” shall be equal to the sum of the Maximum Amount and all amounts payable pursuant to all benefit and compensation plans and arrangements that
must, pursuant to the Code, be included in determining whether an Excess Parachute Payment has been made, less the Income Tax Amount on such sum. 

  

	 	(C)	 	The “Income Tax Amount” shall be equal to the amount of federal, state and local income taxes and the Executive’s share of Federal Insurance Contributions Act taxes
that would be due on a payment (after taking into account the deductibility of state and local income taxes for federal income tax purposes) if the highest marginal federal, state and local income tax rate in effect at the time of the Change in
Control were imposed on the value of the payments, assuming that the amounts payable pursuant to this Agreement and all benefit and compensation plans and arrangements shall be treated as paid in full on the date of the Change in Control.

  

	 	(ii)	 	If the Accounting Firm determines that payments pursuant to this Agreement should be reduced to the Maximum Amount, the Company shall promptly give the Executive notice to that
effect and a copy of the detailed calculation thereof, and the Executive may then elect, in his sole discretion, which and how much of the payments shall be eliminated or reduced (as long as, after such election, the present value of the aggregate
payments equals the Maximum Amount), and shall advise the Company in writing of his election within 10 days of his receipt of notice. If no such election is made by the Executive within such period, the Company may elect which and how much of the
payments shall be eliminated or reduced (as long as, after such election, the present value of the aggregate payments equals the Maximum Amount) and shall notify the Executive promptly of such election. All determinations made by the Accounting Firm
under this paragraph 5 shall be (i) based upon Sections 280G and 4999 of 

  

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 the Code (or successor provisions thereof) and on proposed or final regulations for applying those Code
sections, or on substantial authority within the meaning of Section 6662 of the Code, (ii) binding upon the Company and the Executive and (iii) made within 60 days of the Notice Date. As promptly as practicable following such determination, the
Company shall pay to or distribute for the Executive’s benefit such payments as are then due to the Executive under this Agreement and shall promptly pay to or distribute for the Executive’s benefit in the future such payments as become
due to the Executive under this Agreement. 
  

	 	(iii)	 	As a result of possible uncertainty in the application of Section 280G of the Code at the time of the determinations by the Accounting Firm hereunder, amounts may be paid that
should not be paid (“Overpayment”), or additional amounts may not be paid that could be paid (“Underpayment”), in each case, consistent with the calculations required to be made hereunder. In the event that the Internal Revenue
Service asserts a deficiency against the Executive or the Company in such a case and the Accounting Firm determines that an Overpayment has been made, the Executive shall reimburse the Company the amount of such Overpayment together with interest at
the applicable federal rate under Section 7872(f)(2)(B) of the Code within 60 days (or such shorter period as may be required by law) after receipt by the Executive of written notice of such determination by the Accounting Firm, including the amount
of the Overpayment and interest calculation; provided, however that no such amount shall be payable by the Executive to the Company if and to the extent such reimbursement is prohibited by applicable law or would not eliminate either the excise tax
under Section 4999 of the Code or the disallowance of the deduction under Section 280G(a) of the Code, for the amounts previously paid to the Executive. In the event that the Accounting Firm determines that an Underpayment has been made, the Company
shall promptly pay such Underpayment to the Executive, together with interest at the applicable federal rate provided for in Section 7872(f)(2)(B) of the Code. 

  
 6.    Term.    This Agreement shall continue in effect until February 25, 2006, unless
extended by the mutual written consent of the Company and the Executive. 
  
 7.    Successor. 
  

	 	(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. 

  

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 8.    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)	 	This Agreement constitutes the entire understanding and agreement between the parties hereto with regard to the compensation and benefits payable to the Executive in the
circumstances described herein, superseding all prior understandings and agreements, whether oral or written. 

  

	 	(d)	 	The Company agrees to pay as incurred and within 20 days after submission of supporting documentation, to the full extent permitted by law, all legal fees and expenses the Executive
may reasonably incur as a result of any contest (regardless of the outcome thereof) by the Company, the Executive or others of the validity or enforceability of, or liability under, any provision of this Agreement (including as a result of any
contest by the Executive about the amount of any payment pursuant to this Agreement), but not more than an aggregate of $50,000, in the event the Company prevails thereon plus in each case interest on any delayed payment at the applicable Federal
rate provided for in Section 7872(f)(2)(A) of the Code. 

  

	 	(e)	 	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 
 140 Kendrick Street 
 Needham, MA 02494 
 Attention: General Counsel 
  
 If to the Executive: 

	 	

  

	 	

  

	 	

  
 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 an overnight courier service, or three days following mailing by registered or certified mail. 
  

 6 

 EXECUTED as of the date first written above. 
  
 PARAMETRIC TECHNOLOGY CORPORATION 
  
 By: _________________________________ 
 Title: 
  
  
 ______________________________________ 
 Name: 
  

 7<PAGE>

                                                                  EXHIBIT (10.1)

                              SETTLEMENT AGREEMENT
                                     BETWEEN
                                  RICHARD HEATH
                                       AND
                            TUPPERWARE/BEAUTICONTROL

          This Settlement Agreement and General Release (this "Agreement") is
entered into as of June 5, 2003 among BeautiControl, Inc., a Delaware
corporation (the "Company"), Tupperware Corporation, a Delaware corporation
("Tupperware"), and Richard W. Heath (the "Executive").

          WHEREAS, through January 14, 2003 the Executive served as President
and Chief Executive Officer of the Company and as Group President, BeautiControl
and Tupperware Latin American of Tupperware; and

          WHEREAS, the Company, Tupperware and the Executive desire to set forth
herein their mutual agreement with respect to all matters relating to (i) the
Executive's retirement, resignation and separation from the Company, Tupperware
and their respective subsidiaries and affiliates, (ii) the termination of the
Employment Agreement, dated as of October 18, 2000, between the Company and the
Executive (the "Employment Agreement") and (iii) the Executive's release of
claims, all upon the terms set forth herein.

          NOW, THEREFORE, in consideration of the mutual promises and agreements
contained herein, the adequacy and sufficiency of which are hereby acknowledged,
the Company, Tupperware and the Executive hereby agree as follows:

          1. Retirement; Termination of Employment. The Executive hereby retires
and resigns as President and Chief Executive Officer of the Company, as Group
President, BeautiControl and Tupperware Latin America of Tupperware, as a member
of the Tupperware Executive Committee and from all other positions (if any) with
the Company, Tupperware and their respective subsidiaries and affiliates,
effective as of January 14, 2003 (the "Effective Date"). As of the Effective
Date, the Executive shall cease to be an employee and officer of, or have any
other position with the Company, Tupperware or their respective subsidiaries or
affiliates.

          2. Payment of Accrued Amounts. (a) The Executive acknowledges that the
Company has paid to the Executive:

          (i) the Executive's current base salary through the Effective Date to
     the extent not theretofore paid; and

          (ii) any expense reimbursements due to the Executive as of the
     Effective Date to the extent not theretofore paid.

<PAGE>

          (b) The Company shall pay to the Executive any accrued vacation pay
due to the Executive as of the Effective Date to the extent not theretofore
paid.

          (c) The Company shall pay to the Executive a cash amount equal to the
annual bonus earned by the Executive for the Company's fiscal year ended on
December 28, 2002 in accordance with the Annual Incentive Program 2002 outlined
in Attachment A hereto, as modified by item 2 of Attachment B hereto. Any
portion of such bonus that remains unpaid on the date of this Agreement shall be
paid by the Company to the Executive as soon as reasonably practicable.

          3. Additional Payments and Benefits. (a) Provided that the Executive
has not revoked the general release contained in Section 5 hereof and has not
materially breached the provisions of Section 7, 8, 9(a) or 10 hereof (in all
cases, to the extent curable, after taking into consideration any applicable
cure period), the Company shall make the payments and provide the benefits set
forth in this Section 3(a).

          (i) During the period commencing as of the date next following the
     Effective Date and ending October 31, 2005 (the "Severance Period"), the
     Company shall pay to the Executive, in accordance with the Company's
     regular payroll practices, amounts equal to the Executive's base salary in
     effect immediately prior to the Effective Date, at an annual rate of
     $312,000 per year, as adjusted each April 1st in accordance with increases
     in the Consumer Price Index from the previous calendar year for All Urban
     Consumers for the U.S. City Average for All Items, 1982-84=100.

          (ii) Notwithstanding the death, retirement, resignation, or
     termination of employment contemplated hereby, each stock option granted to
     the Executive to purchase shares of common stock, par value $.01, of
     Tupperware ("Tupperware Common Stock") pursuant to the Tupperware
     Corporation 1996 Incentive Plan, the Tupperware Corporation 2000 Incentive
     Plan, the Tupperware Corporation 2002 Incentive Plan or any other stock
     option plan adopted by Tupperware (each, a "Tupperware Plan") shall:

               (A) to the extent vested as of the Effective Date, be exercisable
          and remain vested, non-forfeitable, and exercisable until the date
          that is six years following the Effective Date, in accordance with the
          terms of the stock option agreement relating thereto and the
          applicable Tupperware Plan (to the extent not inconsistent with the
          terms of this Agreement), (a) by the Executive; (b) upon the death of
          the Executive, by the executor, administrator or personal
          representative of the Executive; or (c) upon the legal incapacity of
          the Executive, by the legal representative of the Executive; and

               (B) to the extent not fully vested as of the Effective Date,
          continue to vest in accordance with the vesting schedule contained in
          the applicable stock option agreement as if the Executive were still
          employed by Tupperware, become non-forfeitable and exercisable when
          vested and thereafter remain vested, non-forfeitable, and exercisable
          until the date that is six years following the Effective Date, in
          accordance with the terms of the stock option agreement relating
          thereto and the applicable Tupperware Plan (to the extent not
          inconsistent with the terms

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<PAGE>

          of this Agreement), (a) by the Executive; (b) upon the death of the
          Executive, by the executor, administrator or personal representative
          of the Executive; or (c) upon the legal incapacity of the Executive,
          by the legal representative of the Executive.

     All provisions of such stock option agreements that conflict with the
     foregoing in any manner shall be disregarded and shall be deemed amended
     accordingly as of the Effective Date.

     If the terms of any applicable stock option agreement or any applicable
     Tupperware Plan require the consent or any other action of the Board of
     Directors of Tupperware (or any committee thereof which is charged with the
     administration of the Tupperware Plans) in order to carry out the intent of
     this Section 3(a)(ii), then Tupperware hereby represents and warrants to
     the Executive (which representation and warranty shall survive for a period
     of six years from the Effective Date) that such consent or other action has
     been or will be duly taken.

          (iii) During the Severance Period, the Executive shall be eligible to
     continue to participate in, and to receive benefits under, the Company's
     medical plan in which the Executive was participating as of the Effective
     Date, subject to any modifications thereto generally applicable to all
     other participants in such plan; provided, however, that during such
     period, the Company shall not modify such plan in a manner which would
     materially decrease the level of benefits available to the Executive as of
     the Effective Date. During such period, the Company shall deduct from
     amounts payable to the Executive amounts equal to amounts that would have
     been payable by the Executive for such coverage, and at the times such
     amounts would have been payable, if the Executive had not retired. Pursuant
     to the Consolidated Omnibus Budget Reconciliation Act of 1985 ("COBRA"),
     the Executive may elect to continue coverage for the Executive and his
     dependents under the Company's medical plan for a period of up to 18 months
     following the Severance Period or as otherwise provided by COBRA. The
     Executive shall pay all expenses relating to such COBRA coverage in
     accordance with COBRA.

          (iv) During the Severance Period, the Company shall (A) reimburse the
     Executive for monthly club membership dues for the Preston Trails Country
     Club, Dallas, Texas, and the Dallas Country Club, Dallas, Texas, which
     memberships are owned by the Executive; (B) directly pay (not reimburse the
     Executive) for the Executive's expenses for financial planning advice in
     the amount of $5,500 per year; and (C) pay the lease payments, insurance
     payments and maintenance expenses associated with the automobile furnished
     to the Executive by the Company as of the Effective Date; provided,
     however, that the Company shall cease to pay such automobile expenses upon
     the expiration of the term of such automobile lease, if earlier.

          (v) The Company hereby assigns and conveys to the Executive all
     tickets to the Dallas Mavericks basketball games purchased by the Company
     for the remainder of the 2002-2003 basketball season. The Company agrees
     that, if permitted to do so, it shall take all necessary actions to assign
     to the Executive, for his personal use, any and all of the Company's rights
     to purchase such tickets for subsequent basketball seasons.

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<PAGE>

          (vi) The Company shall continue to provide the Executive's existing
     office at the Company for his use until the end of the Company's annual
     sales force celebration event in August 2003 (the "2003 Celebration").
     Until the end of the 2003 Celebration, the Company shall provide the
     Executive with secretarial assistance on an as needed basis in coordination
     with David Halversen.

          (b) Provided the Executive has not revoked the general release
contained in Section 5 hereof and shall not have materially breached the
provisions of Section 7, 8, 9(a) or 10 hereof (in all cases, to the extent
curable, after taking into consideration any applicable cure period), the
Company shall pay to the Executive an aggregate amount equal to $500,000,
payable in monthly installments of $20,833.33, during the period beginning
November 1, 2005 and ending on October 31, 2007.

          4. Federal and State Withholding. The Company shall deduct from the
amounts payable to the Executive pursuant to this Agreement the amount of all
required federal and state withholding taxes in accordance with the Executive's
Form W-4 on file with the Company and all applicable payroll taxes and will make
appropriate payments from such amounts (including applicable social security
taxes) to the appropriate taxing authorities.

          5. General Release. The Executive, on behalf of himself and anyone
claiming through him, hereby agrees not to sue the Company, Tupperware or any of
their respective divisions, subsidiaries, affiliates or other related entities
(whether or not such entities are wholly owned) or any of the past, present or
future directors, officers, administrators, trustees, fiduciaries, employees,
agents or attorneys of the Company, Tupperware or any of such other entities, or
the predecessors, successors or assigns of any of them (hereinafter referred to
as the "Released Parties"), and agrees to release and discharge, fully, finally
and forever, the Released Parties from any and all claims, causes of action,
lawsuits, liabilities, debts, accounts, covenants, contracts, controversies,
agreements, promises, sums of money, damages, judgments and demands of any
nature whatsoever, in law or in equity, both known and unknown, asserted or not
asserted, foreseen or unforeseen, which the Executive ever had or may presently
have against any of the Released Parties arising from the beginning of time up
to and including the date of this Agreement, including, without limitation, all
matters in any way related to the Executive's employment by the Company,
Tupperware and their respective subsidiaries and affiliates, the terms and
conditions thereof, any failure to promote the Executive and the termination or
cessation of the Executive's employment with the Company, Tupperware and their
respective subsidiaries and affiliates, and including, without limitation, any
and all claims arising under the Civil Rights Act of 1964, as amended, the Civil
Rights Act of 1991, the Civil Rights Act of 1866, the Age Discrimination in
Employment Act, the Older Workers' Benefit Protection Act, the Family and
Medical Leave Act, the Americans With Disabilities Act, the Employee Retirement
Income Security Act of 1974, the Texas Employment Discrimination Law, the Texas
Equal Pay Act, the Florida Civil Human Rights Act, the Florida Equal Pay Act,
the Florida Wage Discrimination Act or any other federal, state, local or
foreign statute, regulation, ordinance or order, or pursuant to any common law
doctrine; provided, however, that nothing contained in this Section 5 shall
apply to, or release the Company or Tupperware from, any obligation of the
Company or Tupperware contained in this Agreement (including, but not limited
to, the payments to the Executive contemplated by Section 2 and 3 of this
Agreement, and specifically including the annual bonus payment contemplated by
Section 2(c)), or the option

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<PAGE>

agreements referred to in Section 3(a)(ii). The consideration offered herein is
accepted by the Executive as being in full accord, satisfaction, compromise and
settlement of any and all claims or potential claims, and the Executive
expressly agrees that he is not entitled to, and shall not receive, any further
recovery of any kind from the Company, Tupperware or any of the other Released
Parties, and that in the event of any further proceedings whatsoever based upon
any matter released herein, neither the Company, Tupperware nor any of the other
Released Parties shall have any further monetary or other obligation of any kind
to the Executive, including any obligation for any costs, expenses or attorneys'
fees incurred by or on behalf of the Executive. The Executive agrees that he has
no present or future right to employment with the Company, Tupperware or any of
the other Released Parties.

          6. Authority. The Executive expressly represents and warrants that he
is the sole owner of the actual and alleged claims, demands, rights, causes of
action and other matters that are released herein; that the same have not been
transferred or assigned or caused to be transferred or assigned to any other
person, firm, corporation or other legal entity; and that he has the full right
and power to grant, execute and deliver the general release, undertakings and
agreements contained herein.

          7. Nondisparagement. The Executive agrees that he shall not (a) make
any written or oral statement that disparages or damages the reputation or
goodwill of the Company or Tupperware or the standing of the Company or
Tupperware among their respective employees, independent sales force members,
customers or suppliers, or in the community of the Company, Tupperware or any of
the other Released Parties or that otherwise brings the Company, Tupperware or
any of the other Released Parties into disrepute, or tarnishes any of their
images or reputations, including, but not limited to, their businesses,
activities, operations, affairs, reputation or prospects, (b) publish, comment
upon or disseminate any statements suggesting or accusing the Company,
Tupperware or any of the other Released Parties of any misconduct or unlawful
behavior or (c) otherwise engage in any conduct that disparages or damages the
reputation or goodwill of the Company or Tupperware or the standing of the
Company or Tupperware among their respective employees, independent sales force
members, customers or suppliers, or in the community of the Company, Tupperware
or any of the other Released Parties. Any remedy of the Company or Tupperware
for breach of this Section 7 shall be conditioned upon the showing of actual and
material damage to the Company, Tupperware or any of the other Released Parties.

          8. Confidentiality. The Executive shall not, at any time, make use of
or disclose, directly or indirectly, any (a) trade secret or other confidential
or secret information of the Company, Tupperware or any of their respective
subsidiaries or affiliates or (b) other technical, business, proprietary or
financial information of the Company, Tupperware or any of their respective
subsidiaries or affiliates not available to the public generally or to the
competitors of the Company or Tupperware or to the competitors of any of their
respective subsidiaries or affiliates ("Confidential Information"), except to
the extent that such Confidential Information (x) becomes publicly available or
is published in a newspaper, magazine or other periodical, or on electronic
media, available to the general public, other than as a result of any act or
omission of the Executive or (y) is required to be disclosed by any law,
regulation or order of any court or regulatory commission, department or agency,
provided that the Executive gives prompt notice of such requirement to the
Company and Tupperware to enable the Company or

                                        5

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Tupperware to seek an appropriate protective order. Within five days following
the date of this Agreement, the Executive shall surrender to the Company all
records, memoranda, notes, plans, reports, computer discs, tapes and software
and other documents and data obtained during his employment with the Company
which constitute Confidential Information that is in his sole possession or
under his sole control (together with all copies thereof), it being understood
that the Executive's wife is an employee of the Company and Tupperware and that
she possesses Confidential Information which is not in the sole possession of,
or under the sole control of, the Executive.

          9. Noninterference; Stock Sales. (a) The Executive agrees that he
shall not, directly or indirectly, (i) advise, induce, influence or encourage
any person to file a lawsuit against the Company, Tupperware or any of the other
Released Parties; (ii) disrupt, interfere with or cause any disturbance to the
businesses of the Company or Tupperware or (iii) assist any person who has filed
a lawsuit against the Company, Tupperware or any of the other Released Parties
unless the Executive is required to render such assistance pursuant to a lawful
subpoena.

          (b) The parties acknowledge that the Executive has sold, or caused to
be sold, in a commercially reasonable manner in open-market transactions to
unaffiliated persons, all of the 137,800 shares of Tupperware Common Stock
purchased by the Executive or Jinger L. Heath (the "Executive's Spouse") in
connection with the Agreement and Plan of Merger, dated as of September 13,
2000, among Tupperware, B-C Merger Corporation and the Company (the "Purchased
Shares"), with such sales occurring during the period beginning on the date one
day following the public release of Tupperware's January 2003 earnings report
and ending on the date that is 13 business days thereafter. The Company has paid
to the Executive an amount equal to the excess of the price paid by the
Executive and the Executive's Spouse for the Purchased Shares over the price
received by the Executive and the Executive's Spouse for the Purchased Shares.

          10. Noncompetition; Nonsolicitation. (a) The Executive agrees that
during the period beginning with the Effective Date and ending on October 31,
2007, the Executive shall not in any manner, directly or indirectly, through any
person, firm or corporation, alone or as a member of a partnership or as an
officer, director, stockholder, investor or employee of or consultant to any
other corporation or enterprise or otherwise, engage or be engaged, or assist
any other person, firm, corporation or enterprise in engaging or being engaged,
in any "Competing Business." For the purpose of this Agreement, "Competing
Business" is a business which meets both of the following criteria: (i) the
business is in the direct selling industry and markets its products primarily
through the "party plan" or "demonstration program" method, and (ii) the
business has a product line which is substantially similar to any of the
Company's product lines existing as of January 14, 2003.

          (b) The Executive further agrees that during the period beginning with
the Effective Date and ending on October 31, 2007, the Executive shall not in
any manner, directly or indirectly, solicit any employee or independent sales
force member of the Company, any of its subsidiaries or any worldwide direct
selling company of Tupperware to terminate or abandon his or her employment or
other relationship with the Company or such Tupperware affiliate for any purpose
whatsoever.

                                        6

<PAGE>

          (c) Nothing this Section 10 shall prohibit the Executive from being
(i) a stockholder in a mutual fund or a diversified investment company or (ii) a
passive owner of not more than five percent of the outstanding stock of any
class of a corporation, any securities of which are publicly traded, so long as
the Executive has no active participation in the business of such corporation.

          (d) If, at any time of enforcement of this Section 10, a court holds
that the restrictions stated herein are unreasonable under circumstances then
existing, the parties hereto agree that the maximum period, scope or
geographical area reasonable under such circumstances shall be substituted for
the stated period, scope or area, and that the court shall be allowed to revise
the restrictions contained herein to cover the maximum period, scope and area
permitted by law. This Agreement shall not authorize a court to increase or
broaden any of the restrictions in this Section 10.

          11. Cooperation. (a) Tupperware and the Company acknowledge that the
Executive has (to the satisfaction of all parties) (i) for the period beginning
as of the Effective Date and ending seven days thereafter, assisted in the
development of all internal and external communications to the Company's
employees, independent sales force members, customers and suppliers regarding
the Executive's retirement and cessation of employment; (ii) for the period
beginning as of the Effective Date and ending 10 days thereafter, (A) addressed
internal and external inquiries, including inquiries from suppliers, customers,
employees and independent sales force members, regarding the Executive's
retirement and cessation of employment, in a manner reasonably expected to
encourage such persons and their continued support of the Company, and (B)
cooperated and assisted the Company in the transition of the Executive's duties
and responsibilities to the Company's new leadership team.

          (b) For the period beginning as of the Effective Date and ending on
the date immediately following the end of the 2003 Celebration, subject to the
Executive's reasonable review and comment, the Executive shall permit the
Company to use the Executive's name for all promotional programs and
communications. For the period beginning as of the Effective Date and ending on
August 31, 2003, the Executive shall reasonably assist (A) in such programs and
communications and (B) with respect to information pertaining to or relating to
the Company and its subsidiaries and affiliates within the knowledge of the
Executive, each as reasonably requested by the Company. For the period beginning
as of the Effective Date and ending upon the expiration of the Severance Period,
the Executive shall attend (A) the 2003 Celebration, participating therein as
reasonably requested by the Company, and (B) any other Company events as
mutually agreed to between the Company, Tupperware and the Executive. Tupperware
and the Company acknowledge that the Executive has (to the satisfaction of all
parties) attended the Company's February Leadership Meeting in support of the
announcement of the Executive's retirement and cessation of employment. The
Company shall reimburse the Executive for all reasonable out-of-pocket expenses
incurred in connection with the Executive's performance of his obligations under
this Section 11(b).

          12. Successors; Binding Agreement. This Agreement shall inure to the
benefit of and be enforceable by the Executive and by his personal or legal
representatives, executors, administrators, successors, heirs, distributees,
devisees and legatees. In the event of the Executive's death, illness or
incapacity while any amounts are payable to the Executive

                                        7

<PAGE>

pursuant to Section 2, 3(a)(i), 3(a)(iv)(A), 3(a)(iv)(B), or 3(b) hereof, such
amounts shall be paid in accordance with the terms of this Agreement to such
person or persons designated in writing by the Executive to receive such amounts
or, if no person is so designated, to the Executive's estate.

          13. Severability. Whenever possible, each provision of this Agreement
shall be interpreted in such manner as to be effective and valid under
applicable law, but if any provision of this Agreement is held to be invalid,
illegal or unenforceable in any respect under applicable law or rule in any
jurisdiction, such invalidity, illegality or unenforceability shall not affect
the validity, legality or enforceability of any other provision of this
Agreement or the validity, legality or enforceability of such provision in any
other jurisdiction, but this Agreement shall be reformed, construed and enforced
in such jurisdiction as if such invalid, illegal or unenforceable provision had
never been contained herein.

          14. Entire Agreement. This Agreement constitutes the entire agreement
and understanding between the parties with respect to the subject matter hereof
and supersedes and preempts the Employment Agreement, the Change in Control
Employment Agreement dated as of October 17, 2000 between the Executive and
Tupperware (the "Change in Control Agreement"), the Settlement Agreement dated
as of January 14, 2003 among the Executive, Tupperware and the Company, the
Stockholder Agreement dated as of September 13, 2000 among the Executive,
Tupperware and the Company (the "Stockholder Agreement"), and any other prior
understandings, agreements or representations by or between the parties, written
or oral, which may have related in any manner to the subject matter hereof. The
Employment Agreement, the Change in Control Agreement and the Stockholder
Agreement are hereby terminated and shall be of no further force or effect.

          15. Notices. All notices and other communications required or
permitted under this Agreement shall be in writing and shall be deemed to have
been duly given by a party hereto when delivered personally or by overnight
courier or five days after deposit in the United States mail, postage prepaid to
the following address of the other party hereto (or to such other address of
such other party as shall be furnished in accordance herewith):

          If to the Company or Tupperware, to:

          BeautiControl, Inc.
          c/o Tupperware Corporation
          14901 S. Orange Blossom Trail
          Orlando, Florida 32837
          Attention:  Thomas M. Roehlk, Esq.

          with a copy to:

          Sidley Austin Brown & Wood
          10 South Dearborn Street
          Chicago, Illinois 60603
          Attention: Michael S. Sigal, Esq.

                                        8

<PAGE>

          If to the Executive, to:

          Richard W. Heath
          10041 Hollow Way
          Dallas, Texas 75229

          with a copy to:

          Haynes and Boone, LLP
          2505 N. Plano Road, Suite 4000
          Richardson, Texas 75082
          Attention: David H. Oden, Esq.

          16. Governing Law; Validity. The interpretation, construction and
performance of this Agreement shall be governed by and construed and enforced in
accordance with the internal laws of the State of Delaware without regard to the
principle of conflicts of laws.

          17. Counterparts. This Agreement may be executed in three
counterparts, each of which shall be deemed to be an original and all of which
together shall constitute one and the same instrument.

          18. Miscellaneous. No provision of this Agreement may be modified or
waived unless such modification or waiver is agreed to in writing and executed
by the Executive and by duly authorized officers of the Company and Tupperware.
No waiver by either party hereto at any time of any breach by the other party
hereto of, or compliance with, any condition or provision of this Agreement to
be performed by such other party shall be deemed a waiver of similar or
dissimilar provisions or conditions at the same or at any prior or subsequent
time. Failure by the Executive, the Company or Tupperware to insist upon strict
compliance with any provision of this Agreement or to assert any right which the
Executive, the Company or Tupperware may have hereunder shall not be deemed to
be a waiver of such provision or right or any other provision or right of this
Agreement.

          19. No Admission. Nothing in this Agreement is intended to, or shall
be construed as, an admission by the Company, Tupperware or any of the other
Released Parties that it violated any law, interfered with any right, breached
any obligation or otherwise engaged in any improper or illegal conduct with
respect to the Executive or otherwise. The Company and Tupperware, for
themselves and the other Released Parties, hereby expressly deny any such
illegal or wrongful conduct.

          20. Cure Period. If the Executive is in material breach of any of his
obligations set forth in this Agreement, then the Company shall provide the
Executive with written notice specifying such breach in reasonable detail.
Thereafter, the Executive shall have 20 days to cure the alleged breach,
provided that such breach is reasonably susceptible to cure. If such breach is
not cured within such 20-day period), then the obligations of the Company and
Tupperware shall be terminated upon further written notice to the Executive,
again specifying in

                                        9

<PAGE>

reasonable detail the failure to cure such breach. Notwithstanding the
foregoing, the Company shall remain obligated to make the payments to the
Executive set forth in Sections 2(b), 2(c), and all other payments earned
through the date of such termination.

          21. ACKNOWLEDGMENT BY EXECUTIVE. BY EXECUTING THIS AGREEMENT, THE
EXECUTIVE EXPRESSLY ACKNOWLEDGES THAT HE HAS READ THIS AGREEMENT CAREFULLY, THAT
HE FULLY UNDERSTANDS ITS TERMS AND CONDITIONS, THAT HE HAS BEEN ADVISED TO
CONSULT WITH AN ATTORNEY PRIOR TO EXECUTING THIS AGREEMENT, THAT HE HAS BEEN
ADVISED THAT HE HAS 21 DAYS WITHIN WHICH TO DECIDE WHETHER OR NOT TO EXECUTE
THIS AGREEMENT AND THAT HE INTENDS TO BE LEGALLY BOUND BY IT. DURING A PERIOD OF
SEVEN DAYS FOLLOWING THE DATE OF HIS EXECUTION OF THIS AGREEMENT, THE EXECUTIVE
SHALL HAVE THE RIGHT TO REVOKE THE RELEASE CONTAINED IN SECTION 5 OF THIS
AGREEMENT OF CLAIMS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT BY SERVING
WITHIN SUCH PERIOD WRITTEN NOTICE OF REVOCATION. IF THE EXECUTIVE EXERCISES HIS
RIGHT UNDER THE PRECEDING SENTENCE, HE SHALL NOT BE ENTITLED TO ANY AMOUNTS
PAYABLE TO HIM PURSUANT TO SECTION 3 OF THIS AGREEMENT.

                                    * * * * *

                                       10

<PAGE>

          IN WITNESS WHEREOF, the Company and Tupperware have caused this
Agreement to be executed by their duly authorized officers and the Executive has
executed this Agreement as of the day and year first above written.

                                           BEAUTICONTROL, INC.

                                           By: /s/ Thomas M. Roehlk
                                               ---------------------------------
                                           Title: Vice President & Secretary

                                           TUPPERWARE CORPORATION

                                           By: Thomas M. Roehlk
                                           Title: Senior Vice President, General
                                                  Counsel & Secretary

                                           RICHARD W. HEATH

                                           /s/ Richard W. Heath
                                           -------------------------------------

                                       11

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