Schedule 6.3(e) (Special Severance Obligations)

      The Buyer has agreed to assume certain obligations in connection with the
employment of Mr. George E. Agle ("Agle"). The Buyer shall offer employment to
Agle on the terms described below, and if Agle accepts such offer, the Buyer
shall be obligated to perform its obligations in a manner consistent with the
terms described below.

      Terms of the employment offer:

            (A)   Salary: $300,000 per annum.

            (B)   Bonus: No bonus will be paid except for a $50,000 stay bonus
                  which will be paid if Agle is employed by Buyer through the
                  transition period and subject to the approval of the Board of
                  Directors of the Buyer based on Agle's performance during such
                  transition period.

            (C)   Benefits: Agle will be eligible for all benefits Buyer
                  provides to the Transferred Employees, including life
                  insurance coverage, medical and dental plans and 401K plan.

            (D)   Severance: If Agle is employed by Buyer on the earlier of the
                  date on which Buyer completes the move of the ring plant in
                  Attleboro, MA to an out of state location or June 30, 1997, or
                  is dismissed, without cause, by the Buyer prior to that date,
                  Agle will be entitled (commencing on his termination date) to
                  receive a severance payment equal to eighteen (18) months of
                  his yearly salary paid on a monthly basis. Agle will only not
                  receive severance payments if he voluntarily leaves the employ
                  of the Buyer prior to the earlier of the date on which Buyer
                  completes the move of the ring plant in Attleboro, MA to an
                  out of state location or June 30, 1997, is terminated by Buyer
                  at any time for cause, or is employed by any of the Sellers
                  during the twelve (12) month period following his termination.

      This schedule amends, as of the Closing Date, the September 2, 1994
employment agreement (including all addenda) as listed on Schedules 3.13 and
3.16(b).