Exhibit 10.1

                                APTARGROUP, INC.
                         2008 DIRECTOR STOCK OPTION PLAN

     1. Purpose of Plan. The purpose of this Plan (the "Plan") is to promote the
long-term financial interests of the Company and its Affiliates by:

     (a) providing an incentive for all Eligible Directors to maximize the
long-term value of the Company's Common Stock and otherwise act in the best
interest of the Company's stockholders;

     (b) providing Eligible Directors with the opportunity to acquire a greater
stake in the future of the Company and its Affiliates through stock ownership;
and

     (c) attracting and retaining highly qualified directors who will contribute
in exceptional ways to the long-term financial success of the Company and its
Affiliates.

     2. Definitions. The following words and phrases have the respective
meanings indicated below unless a different meaning is plainly implied by the
context.

     (a) "Affiliate" means (a) any subsidiary and (b) any other entity in which
the Company has a direct or indirect equity interest which is designated an
"Affiliate" by the Committee.

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

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

     (d) "Committee" means the Compensation Committee or other committee of the
Board of Directors which, pursuant to Section 3, has authority to administer the
Plan.

     (e) "Common Stock" means Common Stock, par value $.01 per share, of the
Company.

     (f) "Company" means AptarGroup, Inc., a Delaware corporation, and its
successors.

     (g) "Eligible Director" means any member of the Board of Directors who is
not an employee of the Company or any of its Affiliates.

     (h) "Market Value" on any date means the closing price of Common Stock on
the New York Stock Exchange on that date (or, if such date is not a trading
date, on the next preceding date which was a trading date).

     (i) "option" means a right awarded to a participant pursuant to the Plan to
purchase a designated number of shares of Common Stock at a stated price for a
stated period of time. Options are not intended to qualify as incentive stock
options under Code Section 422.

     (j) "option agreement" means an agreement between the Company and an
Eligible Director relating to an option.

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     (k) "participant" means an Eligible Director who has been awarded an
option.

     (l) "Plan" means the plan set forth in this 2008 Director Stock Option
Plan, as it may be amended from time to time.

     (m) "subsidiary" means any corporation fifty percent or more of the voting
stock of which is owned, directly or indirectly, by the Company.

     (n) "whole Board of Directors" means the total number of directors which
the Company would have on the Board of Directors if there were no vacancies.

     3. Administration of Plan.

     (a) The Plan shall be administered by the Compensation Committee of the
Board of Directors or, if directors constituting not less than seventy percent
(70%) of the whole Board of Directors so determine, by another committee
consisting of not less than two (2) members of the Board of Directors. A
majority of the Committee shall constitute a quorum and the acts of a majority
of the members present at any meeting at which a quorum is present, or actions
approved in writing by all members of the Committee, shall constitute the acts
of the Committee.

     (b) The Committee shall have full authority and discretion to adopt rules
and regulations and prescribe or approve the forms to carry out the purposes and
provisions of the Plan. The Committee's interpretation and construction of any
provision of the Plan or any option shall be final, binding and conclusive.
Notwithstanding the foregoing, except for any adjustment pursuant to Section
6(b), the Committee shall not have authority to reprice any option granted
hereunder.

     4. Shares Subject to Plan. Subject to adjustment as provided in Section
6(b), 500,000 shares of Common Stock shall be available for grants of options
under the Plan, reduced by the sum of the aggregate number of shares of Common
Stock which become subject to outstanding options. To the extent that shares of
Common Stock subject to an outstanding option are not issued or delivered by
reason of the expiration, termination, cancellation or forfeiture of such
option, then such shares of Common Stock shall again be available under the
Plan. Shares of Common Stock available under the Plan may be treasury shares
reacquired by the Company or authorized and unissued shares, or a combination of
both.

     5. Awards. The Committee may grant options to Eligible Directors in
accordance with this Section 5 and the other provisions of the Plan.

     (a) The option price per share of Common Stock shall be fixed by the
Committee at not less than 100% of Market Value on the date of grant, but in no
event shall the option price be less than the par value per share.

     (b) Each option shall be exercisable at such time or times as the Committee
shall determine at or subsequent to grant, provided that no option shall be
exercised later than 10 years after its date of grant.

     (c) An option may be exercised (i) by giving written notice to the Company
specifying the number of whole shares of Common Stock to be purchased and
accompanied by payment therefor in full (or arrangement made for such payment to
the Company's satisfaction) either (A) in cash, (B) in cash delivered by a
broker-dealer acceptable to the Company to whom the optionee has submitted an
irrevocable notice of exercise, (C) by delivery of previously owned whole shares
of Common Stock (which the optionee has held for at least six months prior to
the delivery of such shares or which the optionee purchased on the open market
and for which the optionee has good title, free and clear of all liens and
encumbrances) having a Market Value, determined as of the date of exercise,
equal to the aggregate purchase price payable by reason of such exercise, or (D)
a combination of (A) and (C), in each case to the extent set forth in the
agreement relating to the option and (ii) by executing such documents as the
Company may reasonably request. No certificate representing Common Stock shall
be delivered until the full purchase price therefor has been paid (or
arrangement made for such payment to the Company's satisfaction).

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     6. Miscellaneous Provisions

     (a) Nontransferability of Options. No option shall be transferable other
than (a) by will or the laws of descent and distribution or pursuant to
beneficiary designation procedures approved by the Company or (b) as otherwise
permitted as set forth in the agreement relating to such option. Except to the
extent permitted by the foregoing sentence, each option may be exercised during
the participant's lifetime only by the participant or the participant's legal
representative or similar person. Except as permitted by the second preceding
sentence, no option shall be sold, transferred, assigned, pledged, hypothecated,
encumbered or otherwise disposed of (whether by operation of law or otherwise)
or be subject to execution, attachment or similar process. Upon any attempt to
so sell, transfer, assign, pledge, hypothecate, encumber or otherwise dispose of
any option, such option and all rights thereunder shall immediately become null
and void.

     (b) Adjustments. In the event of any stock split, stock dividend,
recapitalization, reorganization, merger, consolidation, combination, exchange
of shares, liquidation, spin-off or other similar change in capitalization or
event, or any distribution to holders of Common Stock other than a cash
dividend, the number and class of securities available under the Plan, the
number and class of securities subject to each outstanding option, the purchase
price per security, and the number of securities subject to each option to be
granted to Non-Employee Directors shall be appropriately adjusted by the
Committee, such adjustments to be made in the case of outstanding options
without an increase in the aggregate purchase price. The decision of the
Committee regarding any such adjustment shall be final, binding and conclusive.
If any adjustment would result in a fractional security being (a) available
under the Plan, such fractional security shall be disregarded, or (b) subject to
an option under the Plan, the Company shall pay the participant, in connection
with the first exercise of the option in whole or in part after such adjustment,
an amount in cash determined by multiplying (1) the fraction of such security
(rounded to the nearest hundredth) by (2) the excess, if any, of (a) the Market
Value on the exercise date over (b) the exercise price of the option.

     (c) Listing and Legal Compliance. The Committee may suspend the exercise or
payment of any award if it determines that securities exchange listing or
registration or qualification under any securities laws is required in
connection therewith and has not been completed on terms acceptable to the
Committee

     (d) Beneficiary Designation. To the extent permitted by the Company,
participants may name, from time to time, beneficiaries (who may be named
contingently or successively) to whom benefits under the Plan are to be paid in
the event of their death before they receive any or all of such benefits. Each
designation will revoke all prior designations by the same participant, shall be
in a form prescribed by the Company, and will be effective only when filed by
the participant in writing with the Company during the participant's lifetime.
In the absence of any such designation, benefits remaining unpaid at a
participant's death shall be paid to the participant's estate.

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     (e) Amendment. The Board of Directors, through a resolution adopted by
directors constituting at least seventy percent (70%) of the whole Board of
Directors, may amend the Plan as it shall deem advisable, subject to any
requirement of stockholder approval required by applicable law, rule or
regulation. No amendment may impair the rights of a holder of an outstanding
option without the consent of such holder.

     7. Effective Date and Term of Plan. The Plan shall be submitted to the
stockholders of the Company for approval and, if approved by the affirmative
vote of a majority of the shares of Common Stock present in person or
represented by proxy at a meeting of stockholders, shall become effective on the
date of such approval. In the event that the Plan is not approved by the
stockholders of the Company, the Plan and any outstanding options shall be null
and void. The Plan shall terminate ten years after its effective date, unless
terminated earlier by the Board of Directors through a resolution adopted by
directors constituting at least seventy percent (70%) of the whole Board of
Directors. Termination of the Plan shall not affect the terms or conditions of
any option granted prior to termination.

As adopted by the Board of Directors on January 17, 2008.

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