Document:

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                                                                  EXHIBIT (10.2)

                   Chief Executive Officer Severance Agreement
                             Tupperware Corporation

     THIS EXECUTIVE SEVERANCE AGREEMENT is made, entered into, and is effective
this 1st day of June, 2003 (the "Effective Date"), by and between Tupperware
Corporation (the "Company"), a Delaware corporation, and E. V. Goings (the
"Executive").

     WHEREAS, the Executive is currently employed by the Company as its Chief
Executive Officer; and

     WHEREAS, the Executive possesses considerable experience and knowledge of
the business and affairs of the Company concerning its policies, methods,
personnel, and operations; and

     WHEREAS, the Company is desirous of assuring, insofar as possible, that it
will continue to have the benefit of the Executive's services, and the Executive
is desirous of having such assurances; and

     WHEREAS, the Board has determined that the appropriate steps should be
taken to reinforce and encourage the continued dedication of the Executive to
managing the Company.

     NOW, THEREFORE, in consideration of the foregoing and of the mutual
covenants and agreements of the parties set forth in this Agreement, and of
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto, intending to be legally bound, agree as
follows:

Article 1. Definitions

     Wherever used in this Agreement, the following terms shall have the
meanings set forth below and, when the meaning is intended, the initial letter
of the word is capitalized:

     (a)  "Agreement" means this Chief Executive Officer Severance Agreement.

     (b)  "Base Salary" means, at any time, the then regular annual rate of pay
          which the Executive is receiving as annual salary, excluding amounts:
          (i) received under short- or long-term incentive or other bonus plans,
          regardless of whether or not the amounts are deferred, or (ii)
          designated by the Company as payment toward reimbursement of expenses.

     (c)  "Board" means the Board of Directors of the Company.

     (d)  "Cause" means:

          (i)  The willful and continued failure of the Executive to perform
               substantially the Executive's duties with the Company or one of
               its affiliates (other than any such failure resulting from
               incapacity due to physical or mental illness), after a written
               demand for substantial performance is delivered to the Executive
               by the Board

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               which specifically identifies the manner in which
               the Board believes that the Executive has not substantially
               performed the Executive's duties;

          (ii) The willful engaging by the Executive in illegal conduct or gross
               misconduct which is materially and demonstrably injurious to the
               Company;

          (iii) The willful violation by the Executive of any of the restrictive
               covenants contained in Article 6; or

          (iv) Conviction of, or a plea of nolo contendere to, a felony.

          For purposes of this provision, no act or failure to act, on the part
          of the Executive, shall be considered "willful" unless it is done, or
          omitted to be done, by the Executive in bad faith or without
          reasonable belief that the Executive's action or omission was in the
          best interests of the Company. Any act, or failure to act, based upon
          authority given pursuant to a resolution duly adopted by the Board or
          based upon the advice of counsel for the Company shall be conclusively
          presumed to be done, or omitted to be done, by the Executive in good
          faith and in the best interests of the Company. The cessation of
          employment of the Executive shall not be deemed to be for Cause unless
          and until there shall have been delivered to the Executive a copy of a
          resolution duly adopted by the affirmative vote of not less than
          three-quarters (3/4) of the entire membership of the Board at a
          meeting of the Board called and held for such purpose (after
          reasonable notice is provided to the Executive and the Executive is
          given an opportunity, together with counsel, to be heard before the
          Board), finding that, in the good faith opinion of the Board, the
          Executive is guilty of the conduct described in any one of
          subparagraphs (i), (ii), (iii), or (iv) above, and specifying the
          particulars thereof in detail.

     (e)  "Company" means Tupperware Corporation, a Delaware corporation, or any
          successor thereto as provided in Article 8.

     (f)  "Disability" shall have the meaning ascribed to such term in the
          Company's governing long-term disability plan, or if no such plan
          exists, shall have such meaning as defined by the Board.

     (g)  "Effective Date" means the date specified in the opening sentence of
          this Agreement.

     (h)  "Effective Date of Termination" means the date on which the
          Executive's employment is terminated involuntarily without Cause by
          the Company or on which the Executive terminates his employment with
          Good Reason.

     (i)  "Good Reason" means, without the Executive's express written consent,
          the occurrence of any one or more of the following:

          (i)  The assignment of the Executive to duties materially inconsistent
               with the Executive's authorities, duties, responsibilities, and
               status (including offices, titles, and reporting requirements) as
               Chief Executive Officer, or a material reduction or alteration in
               the nature or status of the Executive's authorities, duties, or
               responsibilities as Chief Executive Officer, other than an
               insubstantial

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               and inadvertent act that is remedied by the Company
               promptly after receipt of notice thereof given by the Executive;

          (ii) The Company's requiring the Executive to be based at a location
               in excess of thirty-five (35) miles from the location of the
               Executive's principal job location or office as of the Effective
               Date; except for required travel on the Company's business to an
               extent substantially consistent with the Executive's then present
               business travel obligations;

          (iii) A reduction by the Company of the Executive's Base Salary in
               effect on the Effective Date hereof, or as the same shall be
               increased from time to time;

          (iv) The failure of the Company to continue in effect any of the
               Company's short- and long-term incentive compensation plans, or
               employee benefit or retirement plans, policies, practices, or
               other compensation arrangements in which the Executive
               participates unless such failure to continue the plan, policy,
               practice, or arrangement pertains to all plan participants
               generally; or the failure by the Company to continue the
               Executive's participation therein on substantially the same
               basis, both in terms of the amount of benefits provided and the
               level of the Executive's participation relative to other
               participants; and

          (v)  The failure of the Company to obtain a satisfactory agreement
               from any successor to the Company to assume and agree to perform
               the Company's obligations under this Agreement, as contemplated
               in Article 8.

          Notwithstanding anything to the contrary in this Agreement, the
          removal of the Executive as Chairman of the Board shall not constitute
          Good Reason. The Executive's right to terminate employment for Good
          Reason shall not be affected by the Executive's incapacity due to
          physical or mental illness. The Executive's continued employment shall
          not constitute consent to, or a waiver of rights with respect to, any
          circumstance constituting Good Reason.

     (j)  "Severance Benefits" mean the payments and benefits as provided in
          Section 3.1.

Article 2. Term of Agreement

     This Agreement will commence on the Effective Date, and shall continue in
effect irrevocably for three (3) full calendar years. However, at the end of the
first year of such three (3) year period, this Agreement shall be extended
automatically for one (1) additional year, unless the Company notifies the
Executive in writing, prior to the occurrence of the automatic extension, that
the term of this Agreement will not be extended. Moreover, upon the end of each
subsequent year, this Agreement shall also be extended automatically for one (1)
additional year, unless the Company otherwise notifies the Executive in writing
prior to the occurrence of such automatic extension. In the case where the
Company properly notifies the Executive that the Agreement will no longer be
extended, the Agreement will terminate at the end of the term, or extended term,
then in progress.

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Article 3. Severance Benefits

     3.1. Termination without Cause or for Good Reason. In the event that the
Executive's employment is terminated involuntarily without Cause by the Company
or the Executive terminates his employment with Good Reason, the Company shall
pay to the Executive and provide him with total Severance Benefits equal to all
of the following:

          (a)  A lump-sum amount equal to the Executive's unpaid Base Salary,
               accrued vacation pay, unreimbursed business expenses, and all
               other items earned by and owed to the Executive through and
               including the Effective Date of Termination.

          (b)  A lump-sum amount equal to the Executive's annual bonus amount
               for the bonus plan year in which the Executive's Effective Date
               of Termination occurs that the Executive would have earned had he
               remained employed through the end of such bonus plan year (and
               employed through such other period as may be required under the
               annual bonus plan in order for the Executive to be vested in such
               annual bonus amount), multiplied by a fraction, the numerator of
               which is the number of days in the bonus plan year through the
               Effective Date of Termination and the denominator of which is
               three hundred and sixty-five (365). This payment will be in lieu
               of any other payment to be made to the Executive under the annual
               bonus plan in which the Executive is then participating for that
               bonus plan year (except as provided in Section 3.1(c) below).

          (c)  A lump-sum amount equal to two (2) multiplied by the sum of: (i)
               the Executive's highest annual rate of Base Salary in effect
               during the twelve (12) months preceding the Executive's Effective
               Date of Termination, and (ii) the Executive's highest annual
               target bonus in effect during the twelve (12) months preceding
               the Executive's Effective Date of Termination. Such amount shall
               be paid regardless of actual performance under the annual bonus
               plan.

          (d)  All long-term incentive awards shall be subject to the treatment
               provided under the applicable long-term incentive plans and/or
               the applicable award agreements thereunder, unless determined
               otherwise by the Board in its discretion.

          (e)  A continuation for a twenty-four (24) month period of the
               Executive's medical insurance and dental insurance coverage
               (including family coverage if applicable). These benefits shall
               be provided by the Company to the Executive beginning immediately
               upon the Executive's Effective Date of Termination. Such benefits
               shall be provided to the Executive at the same coverage level
               (with all premium costs borne by the Company) as in effect as of
               the Executive's Effective Date of Termination for a period of
               twenty-four (24) months following the Executive's Effective Date
               of Termination.

               Notwithstanding the above, these medical and dental insurance
               benefits shall be discontinued prior to the end of the
               twenty-four (24) month continuation period in the event the
               Executive receives substantially similar benefits from a
               subsequent employer, as determined solely by the Company in good
               faith. However, if the benefits received from the subsequent
               employer do not cover the preexisting medical conditions of the
               Executive or a covered member of the Executive's

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               family, the continuation period shall continue, but not beyond
               the twenty-fourth (24th) month following the Executive's
               Effective Date of Termination. For purposes of enforcing this
               offset provision, the Executive shall have a duty to keep the
               Company informed as to the terms and conditions of any subsequent
               employment and the corresponding benefits earned from such
               employment and shall provide, or cause to provide, to the Company
               in writing correct, complete, and timely information concerning
               the same.

          (f)  For a period of up to twenty-four (24) months following the
               Executive's Effective Date of Termination, the Executive shall be
               entitled, at the expense of the Company, to receive standard
               outplacement services from a nationally recognized outplacement
               firm of the Executive's selection. However, the Company's total
               obligation shall not exceed seventy-five thousand dollars
               ($75,000).

     3.2. Termination Due to Disability. The Executive's benefits shall be
determined in accordance with the Company's retirement, insurance, and other
applicable plans and programs then in effect if the Executive's employment with
the Company is terminated due to Disability.

     3.3. Termination Due to Retirement or Death. The Executive's benefits shall
be determined in accordance with the Company's retirement, survivor's benefits,
insurance, and other applicable programs then in effect, if the Executive's
employment with the Company is terminated by reason of his voluntary normal
retirement (as defined under the then established rules of the Company's
tax-qualified retirement plan) or death.

     3.4. Termination for Cause or by the Executive Other Than for Good Reason.
If the Executive's employment is terminated either: (a) by the Company for
Cause, or (b) voluntarily by the Executive other than for Good Reason, the
Company shall pay the Executive his full Base Salary at the rate then in effect,
accrued vacation, and other items earned by and owed to the Executive through
the Effective Date of Termination, plus all other amounts to which the Executive
is entitled under any compensation plans of the Company at the time such
payments are due, and the Company shall have no further obligations to the
Executive under this Agreement.

     3.5. Notice of Termination. Any termination of the Executive's employment
by the Company for Cause or by the Executive for Good Reason shall be
communicated by Notice of Termination to the other party. For purposes of this
Agreement, a "Notice of Termination" shall mean a written notice which shall
indicate the specific termination provision in this Agreement relied upon, and
shall set forth in reasonable detail the facts and circumstances claimed to
provide a basis for termination of the Executive's employment under the
provision so indicated.

Article 4. Form and Timing of Severance Benefits

     4.1. Form and Timing of Severance Benefits. The Severance Benefits
described in Sections 3.1(a) and 3.1(c) shall be paid in cash to the Executive
in a single lump sum as soon as practicable following the Effective Date of
Termination, but in no event beyond ten (10) calendar days from such date. Any
payment pursuant to Section 3.1(b) that the Executive may be entitled to shall
be made at the same time as any such annual bonus payment for such bonus plan
year would have been made absent the termination of the Executive's employment.

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     4.2. Withholding of Taxes. The Company shall withhold from any amounts
payable under this Agreement all federal, state, city, or other taxes as legally
shall be required.

Article 5. The Company's Payment Obligation

     5.1. Payment Obligations Absolute. The Company's obligation to make the
payments and the arrangements provided for herein shall be absolute and
unconditional, and shall not be affected by any circumstances including, without
limitation, any offset, counterclaim, recoupment, defense, or other right which
the Company may have against the Executive or anyone else. All amounts payable
by the Company hereunder shall be paid without notice or demand. Each and every
payment made hereunder by the Company shall be final, and the Company shall not
seek to recover all or any part of such payment from the Executive or from
whomsoever may be entitled thereto, for any reasons whatsoever.

     The Executive shall not be obligated to seek other employment in
mitigation of the amounts payable or arrangements made under any provision of
this Agreement, and the obtaining of any such other employment shall in no event
effect any reduction of the Company's obligations to make the payments and
arrangements required to be made under this Agreement, except to the extent
provided in Section 3.1(e).

     5.2. Contractual Rights to Benefits. This Agreement establishes and vests
in the Executive a contractual right to the benefits to which he is entitled
hereunder. However, nothing herein contained shall require or be deemed to
require, or prohibit or be deemed to prohibit, the Company to segregate,
earmark, or otherwise set aside any funds or other assets, in trust or
otherwise, to provide for any payments to be made or required hereunder.

Article 6. Restrictive Covenants

     6.1. Disclosure of Information. Without the prior written consent of the
Company, or unless required by law or legal process, the Executive shall not, at
any time (whether during the term of this Agreement or thereafter), directly or
indirectly, use, attempt to use, disclose, or otherwise make known to any person
or entity (other than the Board):

          (a)  Any confidential or proprietary knowledge or information,
               including without limitation, lists of customers or suppliers,
               trade secrets, know-how, inventions, discoveries, processes, and
               systems, as well as any data and records pertaining thereto,
               which the Executive may acquire in the course of his employment.

          (b)  Any confidential or proprietary knowledge or information of a
               confidential nature (including, but not limited to, all
               unpublished matters) relating to, without limitation, the
               business, properties, accounting, books and records, computer
               systems and programs, trade secrets, or memoranda of the Company.

      6.2. Noncompetition. Without the prior written consent of the Company,
during the term of this Agreement and for a period of twenty-four (24) calendar
months after the Executive's termination of employment for any reason, the
Executive shall not, directly or indirectly, whether as an owner, general
partner, officer, employee, consultant, director, stockholder, or otherwise, (a)
engage in any business that competes with the Company, as such business is then
conducted by the Company and in such geographies as the Company then operates,
for the Executive's own account; (b) render any services to any entity, firm, or
person (other than the Company) engaged in such

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activities; or (c) become interested in any such entity, firm, or person (other
than the Company) as a partner, shareholder, principal, agent, consultant, or in
any other relationship or capacity; provided, however, that notwithstanding the
above, the Executive may own, directly or indirectly, solely as an investment,
securities of any such entity that are traded on any national securities
exchange or NASDAQ if the Executive: (i) is not a controlling person of, or a
member of a group which controls, such entity, and (ii) does not, directly or
indirectly, own two percent (2%) or more of any class of securities of such
entity.

     6.3. Nonsolicitation. Without the prior written consent of the Company,
during the term of this Agreement and for a period of twenty-four (24) calendar
months after the Executive's termination of employment for any reason, the
Executive shall not, directly or indirectly, employ or retain or solicit for
employment or solicit to provide services or arrange to have any other person,
firm, or other entity employ or retain or solicit for employment or solicit to
provide services, or otherwise participate in the employment or retention of any
person who is an employee, consultant, or independent contractor of the Company.

     6.4. Nondisparagement. At any time (whether during the term of this
Agreement or thereafter), the Executive shall not make any statements, whether
written or oral, or take any other action relating to the Company or its
officers or directors that would disparage or otherwise harm the Company, its
business, or its reputation. Likewise, the Company will not make any statements,
whether written or oral, or take any other action relating to the Executive that
would disparage or otherwise harm the Executive or his reputation.

     6.5. Acknowledgement of Covenants. The parties hereto acknowledge that the
Executive's services are of a special, extraordinary, and intellectual character
which gives him unique value, and that the business of the Company and its
subsidiaries is highly competitive, and that violation of any of the covenants
provided in this Article 6 would cause immediate, immeasurable, and irreparable
harm, loss, and damage to the Company not adequately compensable by a monetary
award. The Executive further acknowledges that he and the Company have
negotiated and bargained for the terms of this Agreement and that the Executive
has received adequate consideration for entering into this Agreement.

     In the event of any such breach or threatened breach by the Executive of
any one or more of the covenants contained in this Article 6, the Company shall
be entitled to such equitable and injunctive relief as may be available to
restrain the Executive from violating the provisions hereof. Nothing herein
shall be construed as prohibiting the Company from pursuing any other remedies
available at law or in equity for such breach or threatened breach, including
the recovery of damages and the immediate termination of the employment of the
Executive hereunder.

     6.6. Enforceability. If any court determines that the foregoing covenant,
or any part thereof, is unenforceable because of the duration or geographical
scope of such provision, or for any other reason, the duration or scope of such
provision, as the case may be, shall be reduced so that such provision becomes
enforceable and, in its reduced form, such provision shall then be enforceable
and shall be enforced.

Article 7. Legal Remedies

     7.1. Dispute Resolution. The Company and the Executive shall each have the
right and option to elect to have any good faith dispute or controversy arising
under or in connection with this

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Agreement settled by litigation or arbitration. If arbitration is selected, such
proceeding shall be conducted by final and binding arbitration before a panel of
three (3) arbitrators in accordance with the laws and under the administration
of the American Arbitration Association.

     7.2. Payment of Legal Fees. In the event that it shall be necessary or
desirable for the Executive to retain legal counsel and/or to incur other costs
and expenses in connection with the enforcement of any or all of his rights
under this Agreement, the Company shall pay (or the Executive shall be entitled
to recover from the Company) the Executive's attorneys' fees, costs, and
expenses in connection with a good faith enforcement of his rights including the
enforcement of any arbitration award. This shall include, without limitation,
court costs and attorneys' fees incurred by the Executive as a result of any
good faith claim, action, or proceeding, including any such action against the
Company arising out of, or challenging the validity or enforceability of, this
Agreement or any provision hereof. Notwithstanding anything to the contrary in
this Section 7.2, the Company shall not be required to pay any such costs or
legal fees (and shall be entitled to reimbursement by the Executive to the
extent that any such fees and costs have been paid to or on behalf of the
Executive by the Company) if the final arbiter of a dispute between the Company
and the Executive finds that the Executive's claim was frivolous and without
merit.

Article 8. Successors

     The Company shall require any successor (whether direct or indirect, by
purchase, merger, reorganization, consolidation, acquisition of property or
stock, liquidation, or otherwise) of all or a significant portion of the assets
of the Company by agreement, in form and substance satisfactory to the
Executive, to expressly assume and agree to perform this Agreement in the same
manner and to the same extent that the Company would be required to perform if
no such succession had taken place. Regardless of whether such agreement is
executed, this Agreement shall be binding upon any successor in accordance with
the operation of law and such successor shall be deemed the "Company" for
purposes of this Agreement.

Article 9. Miscellaneous

     9.1. Employment Status. This Agreement is not, and nothing herein shall be
deemed to create, an employment contract between the Executive and the Company
or any of its subsidiaries. Subject to the terms of any employment contract
between the Executive and the Company, the Executive acknowledges that the
rights of the Company remain wholly intact to change or reduce at any time and
from time to time his compensation, title, responsibilities, location, and all
other aspects of the employment relationship, or to discharge him at any time
(subject to any such change, reduction, or discharge possibly entitling the
Executive to the Severance Benefits pursuant to Section 3.1).

     9.2. Entire Agreement. This Agreement contains the entire understanding of
the Company and the Executive with respect to the subject matter hereof. In
addition, to the extent that any Severance Benefits are provided to the
Executive under this Agreement, such Severance Benefits shall reduce, on a
dollar-for-dollar basis (or in the case of the benefits provided in Section
3.1(c), a month-for-month basis), any severance benefits to which the Executive
is entitled under any employment contract, severance agreement, policy, or
program of the Company, including, but not limited to, that certain Change in
Control Agreement between the Executive and the Company dated August 30, 1999.

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     9.3. Notices. All notices, requests, demands, and other communications
hereunder shall be sufficient if in writing and shall be deemed to have been
duly given if delivered by hand or if sent by registered or certified mail to
the Executive at the last address he has filed in writing with the Company or,
in the case of the Company, at its principal offices.

     9.4. Execution in Counterparts. This Agreement may be executed by the
parties hereto in counterparts, each of which shall be deemed to be original,
but all such counterparts shall constitute one and the same instrument, and all
signatures need not appear on any one counterpart.

     9.5. Conflicting Agreements. The executive hereby represents and warrants
to the Company that his entering into this Agreement, and the obligations and
duties undertaken by him hereunder, will not conflict with, constitute a breach
of, or otherwise violate the terms of, any other employment or other agreement
to which he is a party, except to the extent any such conflict, breach, or
violation under any such agreement has been disclosed to the Board in writing in
advance of the signing of this Agreement.

     9.6. Severability. In the event any provision of this Agreement shall be
held illegal or invalid for any reason, the illegality or invalidity shall not
affect the remaining parts of the Agreement, and the Agreement shall be
construed and enforced as if the illegal or invalid provision had not been
included. Further, the captions of this Agreement are not part of the provisions
hereof and shall have no force and effect.

     Notwithstanding any other provisions of this Agreement to the contrary, the
Company shall have no obligation to make any payment to the Executive hereunder
to the extent, but only to the extent, that such payment is prohibited by the
terms of any final order of a federal or state court or regulatory agency of
competent jurisdiction; provided, however, that such an order shall not affect,
impair, or invalidate any provision of this Agreement not expressly subject to
such order.

     9.7. Modification. No provision of this Agreement may be modified, waived,
or discharged unless such modification, waiver, or discharge is agreed to in
writing and signed by the Executive and by a member of the Board, as applicable,
or by the respective parties' legal representatives or successors.

     9.8. Applicable Law. To the extent not preempted by the laws of the United
States, the laws of the State of Delaware shall be the controlling law in all
matters relating to this Agreement, and without giving effect to principles of
conflicts of laws.

          IN WITNESS WHEREOF, the parties have executive this Agreement on this
1st day of June, 2003.

ATTEST                                         Tupperware Corporation

By:                                            By:
   ------------------------                       ------------------------------
   Corporate Secretary                         Title: Senior Vice President,
                                                      Human Resources

                                               ---------------------------------
                                               E. V. Goings

                                       9<PAGE>

                                                                  EXHIBIT (10.3)

                     Supplemental Executive Retirement Plan

                     Tupperware Corporation

                     June 1, 2003

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Contents

================================================================================
Article 1. Establishment and Purpose                                           3

Article 2. Definitions                                                         3

Article 3. Administration                                                      8

Article 4. Eligibility and Participation                                       9

Article 5. Benefit Amount                                                      9

Article 6. Rabbi Trust                                                        11

Article 7. Amendment and Termination                                          12

Article 8. Beneficiary Designation                                            12

Article 9. Miscellaneous                                                      12

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Tupperware Corporation
Supplemental Executive Retirement Plan

Article 1. Establishment and Purpose

     1.1. Establishment. Tupperware Corporation, a Delaware corporation (the
"Company"), hereby establishes, effective as of June 1, 2003 (the "Effective
Date"), a supplemental executive retirement plan for E. V. Goings, Chief
Executive Officer, and other key employees of the Company as determined at the
Committee's sole discretion, which shall be known as the "Tupperware Corporation
Supplemental Executive Retirement Plan" (the "SERP").

     1.2. Purpose. The purpose of the SERP is to provide additional supplemental
pension benefits to E. V. Goings and a select group of management employees of
the Company as determined herein.

Article 2. Definitions

     2.1. Definitions. Whenever used herein, the following terms shall have the
respective meanings set forth below and, when intended, such terms shall be
capitalized.

     (a)  "Actuarial Equivalent" or "Actuarially Equivalent" means the
          equivalence in present value between two forms and/or times of payment
          based upon a determination by an actuary chosen by the Committee,
          using sound actuarial assumptions at the time of such determination.
          Actuarial assumptions prescribed by the Base Retirement Plan, or
          actually used to calculate a Participant's benefit thereunder, shall
          be automatically deemed to be sound actuarial assumptions for purposes
          of this SERP.

     (b)  "Affiliate" shall have the same meaning as such term is defined in the
          Base Retirement Plan.

     (c)  "Base Retirement Plan" means the Tupperware Corporation Base
          Retirement Plan, or any predecessor or successor plan thereto.

     (d)  "Beneficial Owner" shall have the meaning ascribed to such term in
          Rule 13d-3 of the General Rules and Regulations under the Exchange
          Act.

     (e)  "Beneficiary" means the person or persons designated in accordance
          with Article 8 to receive any benefits under the SERP in the event of
          a Participant's death.

     (f)  "Benefit Commencement Date" means the first day of the first month for
          which an amount is payable as a retirement benefit as determined under
          the Base Retirement Plan.

     (g)  "Board" means the Board of Directors of the Company.

     (h)  "Cause" means:

          (i)  The willful and continued failure of a Participant to perform
               substantially the Participant's duties with the Company or one of
               its affiliates (other than any such

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               failure resulting from incapacity due to physical or mental
               illness), after a written demand for substantial performance is
               delivered to the Participant by the Board which specifically
               identifies the manner in which the Board believes that the
               Participant has not substantially performed the Participant's
               duties;

          (ii) The willful engaging by a Participant in illegal conduct or gross
               misconduct which is materially and demonstrably injurious to the
               Company;

          (iii) The willful violation by a Participant of any restrictive
               covenants a Participant is currently subject to and may become
               subject to in the future; or

          (iv) Conviction of, or a plea of nolo contendere to, a felony.

          For purposes of this provision, no act or failure to act, on the part
          of a Participant, shall be considered "willful" unless it is done, or
          omitted to be done, by the Participant in bad faith or without
          reasonable belief that the Participant's action or omission was in the
          best interests of the Company. Any act, or failure to act, based upon
          authority given pursuant to a resolution duly adopted by the Board or
          based upon the advice of counsel for the Company shall be conclusively
          presumed to be done, or omitted to be done, by a Participant in good
          faith and in the best interests of the Company. The cessation of
          employment of a Participant shall not be deemed to be for Cause unless
          and until there shall have been delivered to the Participant a copy of
          a resolution duly adopted by the affirmative vote of not less than
          three-quarters (3/4) of the entire membership of the Board at a
          meeting of the Board called and held for such purpose (after
          reasonable notice is provided to the Participant and the Participant
          is given an opportunity, together with counsel, to be heard before the
          Board), finding that, in the good faith opinion of the Board, the
          Participant is guilty of the conduct described in any one of
          subparagraphs (i), (ii), (iii), or (iv) above, and specifying the
          particulars thereof in detail.

     (i)  "Change in Control" of the Company means:

          (i)  An acquisition by any Person of beneficial ownership (within the
               meaning of Rule 13d-3 promulgated under the Exchange Act) of
               fifteen percent (15%) or more of either (1) the then outstanding
               Shares (the "Outstanding Company Common Stock") or (2) the
               combined voting power of the then outstanding voting securities
               of the Company entitled to vote generally in the election of
               Directors (the "Outstanding Company Voting Securities");
               excluding, however, the following: (1) any acquisition directly
               from the Company, other than an acquisition by virtue of the
               exercise of a conversion privilege unless the security being so
               converted was itself acquired from the Company, (2) any
               acquisition by the Company, (3) any acquisition by any employee
               benefit plan (or related trust) sponsored or maintained by the
               Company or any corporation controlled by the Company, or (4) any
               acquisition by any Person pursuant to a transaction which
               complies with clauses (1), (2), and (3) of subsection (iii) of
               this definition; or

                                       4

<PAGE>

          (ii) A change in the composition of the Board such that the
               individuals who, as of the Effective Date of the SERP, constitute
               the Board (such Board shall be hereinafter referred to as the
               "Incumbent Board" cease for any reason to constitute at least a
               majority of the Board; provided, however, for purposes of this
               definition, that any individual who becomes a member of the Board
               subsequent to such Effective Date, whose election, or nomination
               for election by the Company's stockholders, was approved by a
               vote of at least a majority of those individuals who are members
               of the Board and who were also members of the Incumbent Board (or
               deemed to be such pursuant to this proviso) shall be considered
               as though such individual were a member of the Incumbent Board;
               but, provided further, that any such individual whose initial
               assumption of office occurs as a result of either an actual or
               threatened election contest (as such terms are used in Rule
               14a-11 of Regulation 14A promulgated under the Exchange Act) or
               other actual or threatened solicitation of proxies or consents by
               or on behalf of a person or legal entity other than the Board
               shall not be so considered as a member of the Incumbent Board; or

          (iii) The consummation of a reorganization, merger, statutory share
               exchange or consolidation, or sale or other disposition of all or
               substantially all of the assets of the Company or the acquisition
               of assets or stock of another entity by the Company or any of its
               subsidiaries ("Corporate Transaction"), in each case unless,
               following such Corporate Transaction, (1) all or substantially
               all of the individuals and entities who were the Beneficial
               Owners, respectively, of the Outstanding Company Common Stock and
               Outstanding Company Voting Securities immediately prior to such
               Corporate Transaction beneficially own, directly or indirectly,
               more than sixty percent (60%) of, respectively, the common stock
               and the combined voting power of the then outstanding voting
               securities entitled to vote generally in the election of
               Directors, as the case may be, of the entity resulting from such
               Corporate Transaction (including, without limitation, an entity
               which as a result of such transaction owns the Company or all or
               substantially all of the Company's assets either directly or
               through one or more subsidiaries) in substantially the same
               proportions as their ownership, immediately prior to such
               Corporate Transaction, of the Outstanding Company Common Stock
               and Outstanding Company Voting Securities, as the case may be,
               (2) no Person (other than the Company, any employee benefit plan
               (or related trust) sponsored or maintained by the Company or any
               corporation controlled by the Company or such entity resulting
               from such Corporate Transaction) beneficially owns, directly or
               indirectly, twenty percent (20%) or more of, respectively, the
               outstanding shares of Common Stock of the corporation resulting
               from such Corporate Transaction or the combined voting power of
               the outstanding voting securities of such corporation entitled to
               vote generally in the election of Directors except to the extent
               that such ownership existed with respect to the Company prior to
               the Corporate Transaction, and (3) individuals who were members
               of the Incumbent Board at the time of the execution of the
               initial agreement or of the action of the Board providing for
               such Corporate Transaction constitute at least a majority of the
               Board of Directors of the corporation resulting

                                       5

<PAGE>

               from such Corporate Transaction constitute at least a majority of
               the Board of Directors of the corporation resulting from such
               Corporate Transaction; or

          (iv) The approval by the stockholders of the Company of a complete
               liquidation or dissolution of the Company.

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

     (k)  "Committee" means the Compensation and Directors Committee of the
          Board, or any other committee designated by the Board to administer
          the SERP, pursuant to Section 3.1 herein.

     (l)  "Common Stock" shall mean the common stock of the Company, par value
          $.01 per share.

     (m)  "Company" means Tupperware Corporation, a Delaware corporation, or any
          successor thereto as provided in Section 9.6 herein.

     (n)  "Company Contributions" mean the aggregate total of the Company's
          basic Employer Contributions (including any earnings thereon) as such
          term is defined and credited to a Participant's account under the
          Tupperware Corporation's Retirement Savings Plan, or any predecessor
          or successor plan thereto.

     (o)  "Credited Service" means a Participant's complete and partial years of
          service during which a Participant was an employee of the Company or
          an Affiliate.

     (p)  "Director" means any individual who is a member of the Board of
          Directors of the Company.

     (q)  "Disability" has the same meaning as the term is defined under the
          Base Retirement Plan.

     (r)  "Effective Date" means the date the SERP becomes effective, as set
          forth in Section 1.1 herein.

     (s)  "ERISA" means the Employee Retirement Income Security Act of 1974, as
          amended from time to time, or any successor act thereto.

     (t)  "Exchange Act" means the Securities Exchange Act of 1934, as amended
          from time to time, or a successor act thereto.

     (u)  "Final Average SERP Pay" means a Participant's highest average SERP
          Pay over a consecutive three (3) year period in the Participant's last
          five (5) years of Credited Service.

     (v)  "Normal Retirement Age" means a Participant's sixty-fifth (65th)
          birthday.

                                       6

<PAGE>

     (w)  "Normal Retirement Date" means the first day of the month next
          following the Participant's attainment of his Normal Retirement Age.

     (x)  "Participant" means E. V. Goings, Chief Executive Officer, and other
          key employees of the Company selected by the Committee for
          participation in the SERP in accordance with Article 4 herein.

     (y)  "Person" shall have the meaning ascribed to such term in Section
          3(a)(9) of the Exchange Act and used in Sections 13(d) and 14(d)
          thereof, including a "group" as defined in Section 13(d).

     (z)  "Plan Year" means the consecutive twelve (12) month period beginning
          each January 1 and ending December 31.

     (aa) "SERP Pay" means a Participant's annual base salary plus annual
          incentive compensation awards or bonuses earned in a calendar year
          (and payable in the next calendar year) under the Company's annual
          incentive programs (not including any special programs) without taking
          into account any reductions pursuant to voluntary deferrals of such
          base salary or annual incentive compensation awards or bonuses under
          tax-qualified or nonqualified plans of the Company and/or its
          Affiliates. SERP Pay shall not include any compensation award payable
          to a Participant pursuant to a Company program which establishes
          incentive award opportunities which are contingent upon performance
          measured over periods greater than one (1) year including, but not
          limited to, stock awards such as stock options, restricted stock,
          performance shares, or other equity awards, special cash or equity
          retention awards, amounts paid as the reimbursement for expenses
          incurred on behalf of the Company and/or its Affiliates, or incidental
          benefits paid on behalf of a Participant such as hospital insurance,
          health and accident insurance, and group life insurance.

     (ab) "Share" means a share of Common Stock of the Company.

     (ac) "Spousal Consent" means the written consent of a Participant's spouse
          to make a change in the form of payment of benefits under the SERP in
          accordance with Section 5.2 herein, as applicable or to make a change
          in the Beneficiary designated under this SERP to someone other than
          the Participant's spouse. Such consent must be witnessed by a notary
          public in order to be effective and may be evidenced on such form as
          the Committee may prescribe.

     (ad) "Supplemental Plan" means the Tupperware Corporation Supplemental
          Plan, or any predecessor or successor plan thereto.

     2.2. Gender and Number. Except when otherwise indicated by the context, any
masculine term used herein also shall include the feminine; the plural shall
include the singular, and the singular shall include the plural.

                                       7

<PAGE>

Article 3. Administration

     3.1. The Committee. The SERP shall be administered by the Committee, or by
any other committee designated by the Board to administer the SERP. The
Committee may delegate any or all of its administrative responsibilities
hereunder.

     3.2. Authority of the Committee. Subject to the provisions herein and
subject to ratification by the Board, the Committee shall have the full power to
amend or terminate the SERP at any time (subject to Article 7), to select
employees for participation in the SERP, to determine the terms and conditions
of each employee's participation, to construe and interpret the SERP and any
agreement or instrument entered into hereunder, and to establish, amend, or
waive procedures for the SERP's administration. Further, the Committee shall
have full power to make any other determination that may be necessary or
advisable for the SERP's administration.

     3.3. Actions by the Committee or the Board. No member of the Committee or
the Board or any other committee of the Board or any employee of the Company
(each such person a "Covered Person") shall have any liability to any person
(including any employee) for any action taken or omitted to be taken or any
determination made in good faith with respect to the SERP. Each Covered Person
shall be indemnified and held harmless by the Company against and from any loss,
cost, liability, or expense (including attorneys' fees) that may be imposed upon
or incurred by such Covered Person in connection with or resulting from any
action, suit, or proceeding to which such Covered Person may be a party or in
which such Covered Person may be involved by reason of any action taken or
omitted to be taken under the SERP and against and from any and all amounts paid
by such Covered Person, with the Company's approval, in settlement thereof, or
paid by such Covered Person in satisfaction of any judgment in any such action,
suit, or proceeding against such Covered Person, provided that the Company shall
have the right, at its own expense, to assume and defend any such action, suit,
or proceeding and, once the Company gives notice of its intent to assume the
defense, the Company shall have sole control over such defense with counsel of
the Company's choice. The foregoing right of indemnification shall not be
available to a Covered Person to the extent that a court of competent
jurisdiction in a final judgment or other final adjudication, in either case,
not subject to further appeal, determines that the acts or omissions of such
Covered Person giving rise to the indemnification claim resulted from such
Covered Person's bad faith, fraud, or willful misconduct. The foregoing right of
indemnification shall not be exclusive of any other rights of indemnification to
which Covered Persons may be entitled under the Company's Certificate of
Incorporation or Bylaws, as a matter of law, or otherwise or any other power
that the Company may have to indemnify such persons or hold them harmless.

     3.4. Decisions Binding. All determinations and decisions made by the
Committee or the Board and all related orders or resolutions of the Committee or
the Board shall be final, conclusive, and binding on all persons, including the
Company, its Affiliates, its employees, Participants, and their estates and
Beneficiaries.

     3.5. Claims Procedure. The Committee shall provide adequate written notice
within ninety (90) days to a Participant or Beneficiary whose claim for benefits
under the SERP has been denied, setting forth (a) the specific reason or reasons
for such denial, (b) the specific reference to pertinent provisions of this SERP
on which such denial is based, (c) a description of any additional material or
information necessary for the Participant or Beneficiary to perfect his claim
and an explanation why such material or such information is necessary, (d)
appropriate information as to the

                                       8

<PAGE>

steps to be taken if the Participant or Beneficiary wishes to submit the claim
for review, and (e) the time limits for requesting a review, including a
statement of the Participant's or Beneficiary's right to bring a civil action
under section 502(a) of ERISA following an adverse benefit determination on
review.

Article 4. Eligibility and Participation

     4.1. Eligibility. Persons eligible to participate in this SERP shall be
limited to full-time, salaried employees of the Company or an Affiliate, who are
determined to be "key employees" by the Committee and who are approved for
participation by the Board. Further, to be eligible, an employee must be among a
select group of management or highly compensated employees of the Company or an
Affiliate, such that the SERP qualifies for a "top hat" exemption from most of
the substantive requirements of Title I of ERISA, as further described in
Section 9.1 herein.

     4.2. Participation. The Board, at its sole and absolute discretion,
reserves the right to approve the participation of any and all employees who
have been designated by the Committee as being "key employees" and therefore
eligible to participate in this SERP.

     4.3. Notification of Participation. Employees who have been selected and
approved for SERP participation shall be notified in writing of their selection
at least thirty (30) calendar days prior to the beginning of the Plan Year in
which they are eligible, or as soon as administratively possible thereafter.
Once notified, an employee shall have a contractual right to all benefits
accrued and vested while a Participant in this SERP except as may otherwise be
provided in Section 5.4.

     However, no employee shall have the right to be selected to participate in
this SERP or, having been so selected, to be selected to participate in any
future Plan Year. Further, nothing in the SERP shall interfere with or limit in
any way the right of the Company or an Affiliate to terminate any Participant's
employment at any time, nor confer upon any Participant a right to continue in
the employ of the Company or an Affiliate.

     In the event a Participant is deemed by the Committee to be ineligible to
continue participation in the SERP for any reason, such individual shall become
an inactive Participant, retaining all the rights relating to benefits
previously accrued and vested herein, as described under the SERP. In such
event, the Committee or the Board, at its sole and absolute discretion, may
immediately cash out a Participant's benefits accrued under this SERP in a
single Actuarially Equivalent lump sum. Such payment shall be in full
satisfaction of the Participant's benefits under this SERP.

Article 5. Benefit Amount

     5.1. Vesting. A Participant (or a Participant's Beneficiaries) shall become
fully vested in benefits under the SERP upon the completion of five (5) years of
Credited Service from the Participant's original date of hire; provided,
however, that a Participant shall become fully vested if a Participant remains
employed through age sixty-five (65). Notwithstanding the foregoing, a
Participant shall become fully vested in their accrued benefits under this SERP
upon a Participant's death, Disability, or a Change in Control of the Company or
in the event that the SERP is terminated by the Company.

     Notwithstanding the above, the Committee may accelerate the vesting of any
or all SERP benefits at its discretion.

                                       9

<PAGE>

     5.2. SERP Benefit. Subject to Section 5.4, each Participant (or the
Participant's Beneficiaries) who terminates active employment with the Company
or Affiliate for any reason and who is fully vested in the benefits under the
SERP in accordance with Section 5.1 shall be entitled to an annual benefit equal
to the excess (if any) of (a) over (b), where (a) and (b) are defined as
follows:

     (a)  The Participant's Final Average SERP Pay multiplied by three percent
          (3%) multiplied by the Participant's Credited Service.

     (b)  The aggregate sum of the actual benefits that a Participant (or the
          Participant's Beneficiaries) is entitled to under the Base Retirement
          Plan, the Supplemental Plan, and any Company Contributions (to the
          extent the Participant was vested under the Base Retirement Plan,
          Supplemental Plan, and in any Company Contributions), beginning on the
          Benefit Commencement Date. In determining a Participant's actual
          benefits under the above-mentioned plans, the normal form of benefit
          as stipulated under the Base Retirement Plan (single life annuity)
          shall be used to calculate a Participant's offset for actual benefits
          under the Base Retirement Plan, Supplemental Plan, and any Company
          Contributions. As such, a Participant's benefit balance in Company
          Contributions beginning on a Participant's Benefit Commencement Date
          shall be the Actuarial Equivalent benefit as determined using the
          actuarial assumptions as stipulated in the Base Retirement Plan.

          Notwithstanding anything to the contrary in this SERP, the number of
          years of Credited Service used in (a) above shall not exceed twenty
          (20) years.

     In the event a Participant becomes ineligible to continue participation in
this SERP for any reason other than for Cause, prior to the Participant's
termination of employment or in the event that this SERP is discontinued as to
such Participant prior to the Participant's termination of employment, the
accrued benefit earned by such Participant which will be payable under this
SERP, subject to satisfaction of the vesting requirements of Section 5.1 above,
will equal the differential between the amount computed under (a) above as of
the date of the cessation of the Participant's active participation in the Plan
over (b) the amount computed under (b) above determined as of such date.

     5.3. Reduction for Early Retirement. A Participant's vested SERP benefit
shall be reduced by 0.2 percent for each of the first thirty-six (36) complete
calendar months and by 0.4 percent for each additional complete calendar month
by which his first early retirement benefit payment precedes his Normal
Retirement Date. Notwithstanding the above, a Participant must have completed at
least ten (10) years of Credited Service to be eligible to elect a Benefit
Commencement Date beginning on the first day of any month after the Participant
attains age fifty-five (55) and prior to a Participant's Normal Retirement Date.

     5.4. Timing and Manner of Payment. The Company shall commence payment of
benefits to a Participant (or the Participant's Beneficiaries) under this SERP
as of the Participant's Benefit Commencement Date. In the case of an unmarried
Participant, the form of benefit shall be the standard form of benefit provided
to an unmarried Participant under the Base Retirement Plan and, in the case of a
married Participant, the form of benefit shall be the "Statutory 50% Joint and
Survivor Annuity Option" as defined under the Base Retirement Plan.
Notwithstanding the foregoing, a Participant may elect to have his benefits paid
in any Actuarially Equivalent form as provided under

                                       10

<PAGE>

the Base Retirement Plan or in any other Actuarially Equivalent form, including
a lump sum, as may be permitted from time to time by the Company, provided,
however, that no such election shall be valid unless filed in writing with the
Company at least three-hundred and sixty-five (365) calendar days prior to such
Participant's termination of employment with the Company. The filing of any such
valid election form shall act as an immediate revocation as to any prior
election. In addition, in the case of a married Participant, such an election
shall not be valid unless accompanied by a Spousal Consent.

     5.5. Death and Disability Benefits. Notwithstanding anything to the
contrary in this SERP, in the event of a Participant's termination of employment
due to death or Disability, the timing and manner of the payment of a
Participant's accrued SERP benefit shall mirror the payout provisions associated
with death and Disability as stipulated in the Base Retirement Plan.

     5.6. Forfeiture of Benefit. Notwithstanding anything to the contrary in
this SERP, in the event of a Participant's termination of employment for Cause,
the Participant and the Participant's Beneficiaries shall immediately forfeit
all rights and entitlement to benefits under this SERP, whether or not vested.

Article 6. Rabbi Trust

     6.1. Establishment of a Rabbi Trust. The Company may, in its sole and
absolute discretion, at any time after the Effective Date, establish an
irrevocable rabbi trust (which shall be a grantor trust within the meaning of
Code Sections 671-677) for the benefit of Participants and Beneficiaries of
Participants, as appropriate. Any rabbi trust so created shall have an
independent trustee (such trustee to have a fiduciary duty to carry out the
terms and conditions of this SERP) as selected by the Company. The provisions of
this Article 6 shall apply only in the event that the Company exercises its
discretion under this Section 6.1 and establishes a rabbi trust.

     6.2. Terms of the Rabbi Trust. Assets contained in the rabbi trust shall at
all times be specifically subject to the claims of the Company's general
creditors in the event of bankruptcy or insolvency; such terms shall be
specifically defined within the provisions of the rabbi trust, along with a
required procedure for notifying the trustee of any such bankruptcy or
insolvency.

     6.3. Funding of the Rabbi Trust. Subject to the other provisions of this
Section 6.3, at the sole discretion of the Committee, the Company shall
contribute cash, cash equivalents, or property to the rabbi trust for the
benefit of Participants and Participants' Beneficiaries, as the Committee deems
appropriate.

     However, the rabbi trust will be funded immediately with an amount equal to
the Actuarial Equivalent of Participants' and Beneficiaries' benefits under this
SERP in the event that the Company undergoes a Change in Control, as such amount
is determined by the Company's actuary.

     6.4. Distributions from the Rabbi Trust. Following a Change in Control of
the Company, distributions of a Participant's benefits shall be made from the
rabbi trust directly to the Participant in accordance with Article 5 herein upon
such Participant's termination of employment.

                                       11

<PAGE>

     To the extent any benefits provided under this SERP are actually paid from
the rabbi trust, the Company shall have no further obligation with respect
thereto, but to the extent not so paid, such benefits shall remain the
obligation of, and shall be paid by the Company.

Article 7. Amendment and Termination

     The Board and the Committee hereby reserve the right to amend, modify,
and/or terminate the SERP at any time. However, no such amendment or termination
shall in any manner adversely affect the rights or benefits of any Participant
previously accrued and vested under this Plan without the consent of the
Participant.

Article 8. Beneficiary Designation

     Each Participant shall be entitled to designate a Beneficiary or
Beneficiaries by filing a signed, written notice of such designation with the
Company, in such form as the Committee may prescribe. A Participant may file a
Beneficiary designation form with the Company at any time and the filing of any
such form shall act as an immediate revocation as to any prior Beneficiary
designations. In addition, in the case of a married Participant, any Beneficiary
designation of someone other than the Participant's spouse shall not be valid
unless accompanied by a Spousal Consent. In the event of a dissolution of
marriage, a Participant's Beneficiary designation shall be deemed automatically
revoked to the extent that a Beneficiary is the Participant's spouse. In such
event, or in the absence of a Beneficiary designation form, the payment of
benefits under this SERP shall be made to the parties entitled to receive
payment of qualified benefits under the Base Retirement Plan.

Article 9. Miscellaneous

     9.1. Unfunded Plan. This SERP is intended to be an unfunded plan maintained
primarily to provide supplemental pension benefits for "a select group of
management or highly compensated employees" within the meaning of Sections 201,
301, and 401 of ERISA, and therefore is further intended to be exempt from the
provisions of Parts 2, 3, and 4 of Title I of ERISA. Accordingly, the Committee
may terminate the SERP, subject to Article 7 herein, for any or all
Participants, in order to achieve and maintain this intended result.

     9.2. General Unsecured Creditor. Nothing contained herein shall give any
Participant, Beneficiary, or their legal representative any rights to assets
that are greater than those of a general unsecured creditor of the Company.
Participants and their Beneficiaries, heirs, successors, and assigns shall have
no secured legal or equitable rights, interest, or claims in any property or
assets of the Company or its Affiliates. Any and all of the Company's assets and
policies, and those of its Affiliates, shall be, and remain, the general,
unpledged, unrestricted assets of the Company or of its Affiliates as the case
may be. The Company's obligation under this SERP shall be that of an unfunded
and unsecured promise to pay money in the future.

     9.3. No Right to Employment. Nothing in this SERP shall be construed as
conferring upon any Participant any right to continue in the employment of the
Company, nor shall it interfere with the rights of the Company to terminate the
employment of any Participant or take any other action affecting any
Participant's responsibilities, status, compensation, or any other aspect of the
employment relationship.

     9.4. Payment to Incompetent. If any person entitled to benefits under this
SERP shall be a minor or shall be either physically or mentally incompetent in
the judgment of the Committee, such

                                       12

<PAGE>

benefits may be paid to a court-appointed guardian or trust specifically
designated for the benefit of the minor or incompetent Beneficiary. In the event
of such payment, the Company, the Board, and the Committee shall be discharged
from all further liability for such payment.

     9.5. Costs of the SERP. All costs of implementing and administering the
SERP, and all costs incurred in providing the benefits described herein, shall
be borne by the Company.

     9.6. Tax Withholding. The Company shall have the right to require
Participants to remit to the Company an amount sufficient to satisfy federal,
state, and local tax withholding requirements, or to deduct from all payments
made pursuant to the SERP amounts sufficient to satisfy such withholding
requirements.

     9.7. Nontransferability. Participants' rights to benefits provided
hereunder may not be sold, transferred, assigned, or otherwise alienated or
hypothecated, other than by will or by the laws of descent and distribution. In
no event shall the Company make any payment under the SERP to any assignee or
creditor of a Participant or to any assignee or creditor of a Participant's
Beneficiary.

     9.8. Successors. All obligations of the Company under the SERP shall be
binding upon any successor to the Company, whether the existence of such
successor is the result of a direct or indirect purchase, merger, consolidation,
or otherwise, of all or substantially all of the business and/or assets of the
Company.

     9.9. Severability. In the event any provision of the SERP shall be held
illegal or invalid for any reason, the illegality or invalidity shall not affect
the remaining parts of the SERP, and the SERP shall be construed and enforced as
if the illegal or invalid provision had not been included.

     9.10. Transfer of Employment. Notwithstanding anything to the contrary in
this SERP, the transfer of employment of a Participant within the Company shall
not be deemed a termination of the Participant's employment with the Company for
the purposes of this SERP.

     9.11. Applicable Law. To the extent not preempted by federal law, the SERP
shall be governed by and construed in accordance with the laws of the State of
Delaware without giving effect to principles of conflicts of laws.

                                       13

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