EXHIBIT 10.3

                               AMENDMENT TO THE
                             ALLTRISTA CORPORATION
                        1993 DEFERRED COMPENSATION PLAN
                          FOR SELECTED KEY EMPLOYEES

     This Amendment is made to the Alltrista Corporation 1993 Deferred
Compensation Plan for Selected Key Employees, which was effective as of January
1, 1993 (the "1993 Deferred Compensation Plan for Key Employees"). This
Amendment shall be effective as of June 21, 2001.  Capitalized terms used but
not defined herein shall have the meanings ascribed to them in the 1993 DCP for
Key Employees.

     The 1993 Deferred Compensation Plan for Key Employees is hereby amended as
follows:

     1.   Subsection (b) of the definition of "Change in Control" set forth in
     Section 7.7 of the 1993 Deferred Compensation Plan for Key Employees is
     amended by replacing in its entirety the parenthetical that begins in the
     third line of such Subsection (b) with the following new parenthetical:

     "(other than a director whose initial assumption of office in connection
     with an actual or threatened election contest, including but not limited to
     a consent solicitation, relating to the election of directors of the
     Company, including but not limited to Messrs. Martin E. Franklin and Ian
     G.H. Ashken)"

     2.   Except as herein modified, the 1993 Deferred Compensation Plan for Key
     Employees shall remain in full force and effect.