Document:

EXHIBIT 10.16.1

                               AMENDMENT No. 1 to

                  EXECUTIVE VARIABLE DEFERRED COMPENSATION PLAN

The Executive Variable Deferred Compensation Plan, amended and restated as of
December 23, 1994, (the "Plan") is hereby amended effective December 1, 1999, as
follows.

1.   Article 2 "Definitions and Certain Provisions"

     a.   The definition of "Normal Retirement" is amended to read as follows:

          Normal Retirement. "Normal Retirement" means with respect to any
          -----------------
          Benefit Unit the termination of a Participant's employment with
          Employer for reasons other than death on or after the Participant
          attains age 62 and after completing deferrals of one hundred percent
          (100%) of the Cumulative Deferral Amount for such Benefit Unit,
          excluding deferrals under Option B which are elected as a percentage
          of Bonus.

2.   Section 5.1 "Retirement Benefit"

     a.   The last sentence of the second paragraph is amended to read as
          follows:

          All installment payments will be calculated on an annual basis but
          paid in such intervals as may be determined by the Committee, provided
          that such intervals shall not be less frequent than quarterly;
          interest will be credited monthly and compounded annually.

3.   Section 5.5 "Survivor Benefits"

     a.   The first sentence of Section 5.5(a) is amended to read as follows:

          Pre-Retirement. If a Participant dies and has not yet commenced
          --------------
          receiving Retirement Benefit payments with respect to a Benefit Unit,
          a Survivor Benefit will be paid to his Beneficiary in annual
          installments over ten years.

     b.   The first sentence of Section 5.5(b)(ii) is amended to read as
          follows:

          Option B. The Beneficiary will be entitled to receive a Survivor
          --------
          Benefit equal to the Deferred Account balance for the Benefit Unit,
          which will be paid in annual installments over ten years.

4.   All other terms and conditions of the Plan remain in full force and effect.EXHIBIT 10.18.1

                               AMENDMENT No. 1 to

                  DIRECTORS VARIABLE DEFERRED COMPENSATION PLAN

The Directors Variable Deferred Compensation Plan (the "Plan"), dated December
23, 1994, is hereby amended effective December 1, 1999, as follows:

1.   Section 5.1 " Normal Retirement Benefit"

     a.   The last sentence of the second paragraph is amended to read as
          follows:

          All installment payments will be calculated on an annual basis but
          paid in such intervals as may be determined by the Committee, provided
          that such intervals shall not be less frequent than quarterly;
          interest will be credited monthly and compounded annually.

2.   Section 5.4 "Survivor Benefits"

     a.   The first sentence of Section 5.5(a) is amended to read as follows:

          Pre-Retirement. If a Participant dies and has not yet commenced
          -------------
          receiving Retirement Benefit payments with respect to a Benefit Unit,
          a Survivor Benefit will be paid to his Beneficiary in annual
          installments over ten years.

     b.   The first sentence of Section 5.5(b)(ii) is amended to read as
          follows:

          Option B. The Beneficiary will be entitled to receive a Survivor
          --------
          Benefit equal to the Deferral Account balance for the Benefit Unit,
          which will be paid in annual installments over ten years.

3.   All other terms and conditions of the Plan remain in full force and effect.EXHIBIT 10.19.4

                           AVERY DENNISON CORPORATION

                      NON-QUALIFIED STOCK OPTION AGREEMENT

THIS AGREEMENT, dated _______________, is made by and between Avery Dennison
Corporation, a Delaware corporation, hereinafter referred to as the "Company,"
and *, an employee of Company or a Subsidiary of Company, hereinafter referred
to as "Employee".

WHEREAS, Company wishes to afford Employee the opportunity to purchase shares of
its $1.00 par value common stock under the terms of The 1990 Stock Option and
Incentive Plan for Key Employees of Avery Dennison Corporation; and

WHEREAS, the Compensation Committee of the Company's Board of Directors
(hereinafter referred to as the "Committee"), appointed to administer said Plan,
has determined that it would be to the advantage and best interest of Company
and its shareholders to grant the Option provided for herein to Employee as an
inducement to remain in the service of Company or its Subsidiaries and as an
incentive for increased efforts during such service;

WHEREAS, the Committee has advised the Company of its determination and
instructed the undersigned officers to issue said Option, which the Committee
has determined should be a Non-Qualified Stock Option, as authorized under the
Plan;

NOW, THEREFORE, in consideration of the mutual covenants herein contained and
other good and valuable consideration, the receipt of which is hereby
acknowledged, Company and Employee do hereby agree as follows:

                                    ARTICLE I
                                    ---------

                                   DEFINITIONS
                                   -----------

Whenever the following terms are used in this Agreement they shall have the
meaning specified below unless the context clearly indicates to the contrary.

1.1  Option
     ------

     "Option" shall mean the option to purchase common stock of the Company
     granted under the Stock Option Agreement.

1.2  Plan
     ----

     The "Plan" shall mean The 1990 Stock Option and Incentive Plan for Key
     Employees of Avery Dennison Corporation.

1.3  Pronouns
     --------

     The masculine pronoun shall include the feminine and neuter, and the
     singular and plural, where the context so indicates.

* Refer to attached Notice.

<PAGE>

1.4  Secretary
     ---------

     "Secretary" shall mean the Secretary of the Company.

1.5  Subsidiary
     ----------
     "Subsidiary" shall mean any corporation in an unbroken chain of
     corporations beginning with the Company if each of the corporations other
     than the last corporation in the unbroken chain then owns stock possessing
     50 percent or more of the total combined voting power of all classes of
     stock in one of the other corporations in such chain.

1.6  Termination of Employment
     -------------------------
     "Termination of Employment" shall mean the time when the employee-employer
     relationship between the Employee and the Company or a Subsidiary is
     terminated for any reason, including, but not limited to, a termination by
     resignation, discharge, death or retirement, but excluding terminations
     where there is a simultaneous reemployment or continuing employment by the
     Company or a Subsidiary, and, at the discretion of the Committee,
     terminations which result in the severance of the employee-employer
     relationship that do not exceed one year. The Committee, in its absolute
     discretion, shall determine the effect of all other matters and questions
     relating to Termination of Employment.

1.7  Change of Control
     -----------------
     "Change of Control" shall mean a change in control of the Company of a
     nature that would be required to be reported in response to Item 6(e) of
     Schedule 14A, Regulation 240.14a-101, promulgated under the Securities
     Exchange Act of 1934 as in effect on the date of this Agreement or, if Item
     6(e) is no longer in effect, any regulation issued by the Securities and
     Exchange Commission pursuant to the Securities Exchange Act of 1934 which
     serves similar purposes; provided that, without limitation, a Change of
     Control shall be deemed to have occurred if and when:

     (a)  Any "person" (as such term is used in Sections 13(d) and 14(d)(2) of
          the Securities Exchange Act of 1934) is or becomes a beneficial owner,
          directly or indirectly, of securities of the Company representing
          fifty percent (50%) or more of the combined voting power of the
          Company's then outstanding securities, or

     (b)  Individuals who were members of the Board of Directors of the Company
          immediately prior to a meeting of the shareholders of the Company
          involving a contest or the election of the directors shall not
          constitute a majority of the Board of Directors following such
          election.

1.8  Beneficiary
     -----------
     "Beneficiary" shall mean a person properly designated by the Employee,
     including his/her spouse or heirs at law, to exercise such Employee's
     rights under the Plan. Designation, revocation and redesignation of
     Beneficiaries must be made in writing in accordance with rules established
     by the Committee and shall be effective upon delivery to the Committee.

                                       2
<PAGE>

                                   ARTICLE II
                                   ----------

                                 GRANT OF OPTION
                                 ---------------

2.1  Grant of Option
     ---------------
     In consideration of Employee's agreement to remain in the employ of Company
     or its subsidiaries and for other good and valuable consideration, on the
     date hereof the Company irrevocably grants to Employee the option to
     purchase any part or all of an aggregate of * shares of its $1.00 par value
     common stock upon the terms and conditions set forth in this Agreement.
     Such Option is granted pursuant to the Plan and shall also be subject to
     the terms and conditions set forth in the Plan.

2.2  Purchase Price
     --------------
     The purchase price of the shares of stock covered by the Option shall be
     dollars ($ ) per share without commission or other charge.

2.3  Consideration to Company
     ------------------------
     In consideration of the granting of this Option by the Company, the
     Employee agrees to render faithful and efficient service to the Company or
     a Subsidiary, with such duties and responsibilities as the Company shall
     from time to time prescribe, for a period of at least one (1) year from the
     date this Option is granted. Nothing in this Agreement or in the Plan shall
     confer upon the Employee any right to continue in the employ of the Company
     or any Subsidiary or shall interfere with or restrict in any way the rights
     of the Company and its Subsidiaries, which are hereby expressly reserved,
     to discharge the Employee at any time for any reason whatsoever, with or
     without good cause. Nor shall it interfere with or restrict in any way,
     other than the forfeiture of all rights under this Agreement, the right of
     the Employee voluntarily to terminate his employment with the Company or a
     Subsidiary.

2.4  Adjustments in Option
     ---------------------
     In the event that the outstanding shares of the stock subject to the Option
     are changed into or exchanged for a different number or kind of shares of
     the Company or other securities of the Company by reason of merger,
     consolidation, recapitalization, reclassification, stock split-up, stock
     dividend, or combination of shares, the Committee shall make an appropriate
     and equitable adjustment in the number and kind of shares as to which the
     Option, or portions thereof then unexercised, shall be exercisable. Such
     adjustment shall be made with the intent that after the change or exchange
     of shares, the Employee's proportionate interest shall be maintained as
     before the occurrence of such event. Such adjustment in the Option may
     include a necessary corresponding adjustment in the option price per share,
     but shall be made without change in the total price applicable to the
     unexercised portion of the Option (except for any change in the aggregate
     price resulting from rounding-off of share quantities or prices).

* Refer to the attached Notice

                                       3
<PAGE>

                                   ARTICLE III
                                   -----------

                            PERIOD OF EXERCISABILITY
                            ------------------------

3.1  Commencement of Exercisability
     ------------------------------
     (a)  The Option will vest (become available for exercise) nine years and
          nine months from the date the Option was granted. However, if certain
          conditions are met, the Option will become eligible for accelerated or
          early vesting three years from the date the Option was granted or on
          subsequent anniversary dates thereafter.

          Such early vesting will occur provided that the Company's return on
          total capital as reported in the annual report to shareholders (or
          other report) for the most recently completed fiscal year equals or
          exceeds the return on total capital of the median company among the
          peer group (as listed in the Company's proxy statement) for that year
          (for example, the performance test for accelerated vesting for options
          granted in 1999 will be based on the return on total capital for
          2002).

          To facilitate the peer group performance comparison needed to
          determine whether option vesting is accelerated, the figures for peer
          group companies' return on total capital will be based upon the
          twelve-month performance for each company in the peer group closest to
          the Company's fiscal year end, using the most recent publicly
          available financial information for such companies.

          If the Company meets the performance test described above, all prior
          non-vested Options eligible for accelerated vesting will become
          available for exercise as soon as possible following the Committee's
          certifications of the Company's performance and the performance of the
          median company among the peer group.

          If the Company fails to meet the performance test described above, all
          prior non-vested Options eligible for early vesting will be subject to
          a similar performance test following the end of the next fiscal year.
          The test for early vesting of Options will continue to "roll" in the
          manner described above until the Company passes the performance test,
          or until nine years and nine months have elapsed from the date of
          grant.

     (b)  No portion of the Option which is unexercisable under Subsection (a)
          above at Termination of Employment shall thereafter become
          exercisable.

     (c)  Notwithstanding Subsections 3.1(a) and 3.1(b) above, and Section 3.4
          below, upon a Change of Control, all Option installments not yet
          exercisable shall become immediately exercisable; provided, however,
          that if all or a portion of the Option installments which otherwise
          would become exercisable pursuant to this Subsection 3.1(c) is
          determined by the Committee to constitute, when exercised, a
          "parachute payment" as defined by Section 280G of the Internal Revenue
          Code of 1986, as amended (the "Code"), such Option installments or
          portion thereof shall not become exercisable upon the Change of
          Control. In making this determination pursuant to the preceding
          sentence the Committee shall first take into account any payments to
          the Employee contingent on a change in the ownership or control of the
          Company or its assets (as provided in said Section 280G) under any
          other agreement or arrangement between the Company and Employee,
          exclusive of any agreement which is not subject to Section 280G
          because of Section 67(e) of the Tax Reform Act of 1984. Subsection
          3.1(c) shall be final and binding upon Employee.

                                       4
<PAGE>

3.2  Term of Option
     --------------
     The Option will expire and will not, under any condition, be exercisable
     after the tenth (10th) anniversary of the date the Option was granted. Such
     date shall be the Option's Expiration Date.

3.3  Exercise of Option after Termination of Employment
     --------------------------------------------------
     This Option is exercisable by the Employee only while he is employed by the
     Company or a Subsidiary, subject to the following exceptions:

     (a)  If the Employee dies while the Option is exercisable under the terms
          of this Agreement, the Employee's Beneficiary may exercise such
          rights, subject to the limitation in Subsection 3.1(b). The Option
          must be exercised within twelve (12) months after the Employee's
          death, and the Committee may in its discretion extend the Expiration
          Date of the Option to accommodate such exercise.

     (b)  If the Employee's employment is terminated due to his permanent and
          total disability, as defined in Section 22(c)(3) of the Code, the
          Employee may exercise the Option, subject to the limitation in
          Subsection 3.1(b), within twelve (12) months after Termination of
          Employment, but not later than the Option's Expiration Date.

     (c)  If the Employee's employment is terminated due to his retirement, the
          Employee may exercise the Option, subject to the limitations of
          Subsection 3.1(b), within sixty (60) months after Termination of
          Employment, but not later than the Option's Expiration Date.

     (d)  If the Employee's employment is terminated due to his retirement at or
          after age fifty-five (55) and such Employee continues as a director of
          the Company, the Employee may exercise the Option to the same extent
          as he would be able to exercise it if he continued to be employed,
          until the earlier of two (2) years after he ceases to be a director of
          the Company or the Option's Expiration Date.

     (e)  If the Employee's employment is terminated other than for good cause
          or the reasons set forth in Subsections (a) through (d) above, the
          Employee may exercise the Option, subject to the limitations of
          Subsection 3.1(b), within three (3) months after Termination of
          Employment, but not later than the Option's Expiration Date.

3.4  Exercise of Option Upon Merger or Consolidation
     -----------------------------------------------
     (a)  Notwithstanding Section 3.3, the Option may not be exercised to any
          extent by anyone after the effective date of either the merger or
          consolidation of the Company into another corporation, the exchange of
          all or substantially all of the assets of the Company for the
          securities of another corporation, the acquisition by another
          corporation of 80% or more of the Company's then outstanding voting
          stock, or the liquidation or dissolution of the Company. At least ten
          (10) days prior to the effective date of such merger, consolidation,
          exchange, acquisition, liquidation, or dissolution, the Committee
          shall give the Employee notice of such event if the Option has then
          neither been fully exercised nor become unexercisable due to the
          passage of the specified time period in Subsection (b) below.

                                       5
<PAGE>

     (b)  In the event of such merger, consolidation, exchange, liquidation, or
          dissolution, the Committee may, in its absolute discretion and on such
          terms and conditions as it deems appropriate, provide by resolution
          adopted prior to such event and incorporated in the notice referred to
          in Subsection (a) above, that for a specified period of time prior to
          the effective date of such event, the Option shall be exercisable as
          to all shares covered hereby, notwithstanding that the Option may not
          yet have become fully exercisable under Subsection 3.1(a).

                                   ARTICLE IV
                                   ----------

                               EXERCISE OF OPTIONS
                               -------------------

4.1  Partial Exercise
     ----------------

     Any exercisable portion of the Option or the entire Option, if then wholly
     exercisable, may be exercised in whole or in part at any time prior to the
     time when the Option or portion thereof becomes unexercisable under Section
     3.2. Each partial exercise shall be for not less than twenty-five (25)
     shares (or a smaller number, if it is the maximum number which may be
     exercised under Section 3.1), and shall be for whole shares only.

4.2  Manner of Exercise
     ------------------
     The Option, or any exercisable portion thereof, may be exercised solely by
     delivery to the Secretary or his office of all of the following:

     (a)  A written notice, complying with the applicable rules established by
          the Committee, stating that the Option or portion is thereby
          exercised. The notice shall be signed by the Employee or the other
          person then entitled to exercise the Option; and

     (b)  Full payment for the shares with respect to which the option or
          portion thereof is exercised. Payment may be made in cash (or by
          certified or bank cashier's check), or by actual or constructive
          delivery to the Company, in accordance with the procedures established
          by the Company, of Company Common Stock then owned by the Employee
          with a fair market value on the date the option is exercised equal to
          the aggregate exercise purchase price of the shares with respect to
          which the option or portion thereof is exercised, or by a combination
          of cash and surrender of stock in the manner herein specified; and

     (c)  Full payment to the Company of any federal, state or local taxes
          required to be withheld in connection with the exercise, which payment
          may be made in cash (or by certified or bank cashier's check) or by
          actual or constructive delivery and surrender to the Company in
          accordance with procedures established by the Company, of Company
          Common Stock then owned by the Employee with a fair market value on
          the date the option is exercised equal to the total of such taxes due
          in connection with the exercise, or by a combination of cash and
          surrender of stock in the manner herein specified; and

     (d)  In the event the Option or portion thereof shall be exercised by any
          person or persons other than the Employee, appropriate proof of the
          right of such person or persons to exercise the Option.

                                       6
<PAGE>

4.3  Conditions to Issuance of Stock Certificates
     --------------------------------------------
     The shares of stock deliverable upon the exercise of the Option, or any
     part thereof, may be either previously authorized but unissued shares or
     issued shares which have then been reacquired by the Company. Such shares
     shall be fully paid and nonassessable. The Company shall not be required to
     issue or deliver any certificate or certificates for shares of stock
     purchased upon the exercise of the Option or part thereof prior to
     fulfillment of all of the following conditions:

     (a)  The admission of such shares to listing on all stock exchanges on
          which such class of stock is then listed;

     (b)  The completion of any registration or other qualification of such
          shares under any state or federal law, or under rulings or regulations
          of the Securities and Exchange Commission or any other governmental
          regulatory body which the Committee shall, in its absolute discretion,
          deem necessary or advisable;

     (c)  The obtaining of any approval or other clearance from any state or
          federal governmental agency which the Committee shall, in its absolute
          discretion, determine to be necessary or advisable;

     (d)  The lapse of such reasonable period of time following the exercise of
          the Option as the Committee may from time to time establish for
          reasons of administrative convenience; and

     (e)  The receipt by the Company of full payment for such shares.

4.4  Rights as Shareholders
     ----------------------
     The holder of the Option shall not be, nor have any of the rights or
     privileges of, a shareholder of the Company in respect of any shares
     purchasable upon the exercise of any part of the Option unless and until
     certificates representing such shares shall have been issued by the Company
     to such holder.

                                    ARTICLE V
                                    ---------
                                  MISCELLANEOUS
                                  -------------

5.1  Administration
     --------------

     The Committee shall have the power to interpret the Plan and this Agreement
     and to adopt such rules for the administration, interpretation and
     application of the Plan as are consistent therewith and to interpret or
     revoke any such rules. All actions taken and all interpretations and
     determinations made by the Committee in good faith shall be final and
     binding upon the Employee, the Company and all other interested persons. No
     member of the Committee shall be personally liable for any action,
     determination or interpretation made in good faith with respect to the Plan
     or the Option. In its absolute discretion, the Board of Directors of the
     Company may at any time and from time to time exercise any and all rights
     and duties of the Committee under the Plan and this Agreement.

                                       7
<PAGE>

5.2  Option Not Transferable
     -----------------------
     Neither the Option nor any interest or right therein or part thereof may be
     sold, pledged, assigned or transferred in any manner other than by will or
     by the applicable laws of descent and distribution. The Option shall be
     exercised during the Employee's lifetime only by the Employee, or his
     guardian or legal representative.

5.3  Notices
     -------
     Any notice to be given under the terms of this Agreement to the Company
     shall be addressed to the Company in care of its Secretary and any notice
     to be given to the Employee shall be addressed to him at the address given
     beneath his signature hereto. By a notice given pursuant to this Section,
     either party may hereafter designate a different address for notices to be
     given to him. Any notice which is required to be given to Employee shall,
     if Employee is then deceased, be given to Employee's personal
     representative if such representative has previously informed the Company
     of his status and address by written notice under this Section. Any notice
     shall have been deemed duly given when enclosed in a properly sealed
     envelope or wrapper addressed as aforesaid, deposited (with postage
     prepaid) in a post office or branch post office regularly maintained by the
     United States Postal Service.

5.4  Titles
     ------
     Titles are provided herein for convenience only and are not to serve as a
     basis for interpretation or construction of this Agreement.

5.5  Construction
     ------------
     This Agreement shall be administered and interpreted under the laws of the
     State of California.

IN WITNESS WHEREOF, this Agreement has been executed and delivered by the
parties hereto.

                                   AVERY DENNISON CORPORATION

                                   by:                *
                                      -------------------------------------
                                      Chairman & Chief Executive Officer

                                   by:
                                      -------------------------------------
                                      Secretary

by:        *
   -------------------
   Optionee

           *
   -------------------

           *
   -------------------
   Address

* Refer to attached Notice.

                                       8

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