Exhibit 10.14
Amendment to Change in Control Agreement
----------------------------------------
AGREEMENT, dated as of June 21, 2001 by and between Alltrista Corporation (the "Company") and one ________________ (the "Executive").
WHEREAS, the Company and the Executive had entered into that certain letter agreement dated as of February 17, 1997 (the "Prior Agreement").
WHEREAS, the Company and the Executive desire to amend the Prior Agreement.
NOW, THEREFORE, the Company and Executive hereby agree as follows:
1. Section 1 of the Prior Agreement is amended by adding to the end of such section the following provision, and provided further, that notwithstanding the foregoing (including any notice by the Corporation that it does not wish to extend this Agreement), the provisions of Section 6 of this Agreement (and the sections of the Agreement referenced therein, to the extent necessary to carry out the provisions of said Section 6) shall continue in effect indefinitely unless terminated by the mutual agreement of you and the Corporation."
2. Section 2(ii) of the Prior Agreement is amendment by deleting the parenthetical phrase therein and substituting therefore the following:
"(other than a director whose initial assumption of office is in connection
w ...
*End of Preview*
Click the 'Add to Cart' button to download the complete and formatted agreement.