AGREEMENT:

                    FOURTH AMENDMENT TO EMPLOYMENT AGREEMENT

         This Fourth Amendment to Employment Agreement is made and entered into
as of the 2nd day of August, 1999, by and between ATLANTIS PLASTICS, INC., a
Florida corporation (the "COMPANY"), and XXXXXXX X. XXXX (the "EXECUTIVE").

                             PRELIMINARY STATEMENTS:

         A. The Company and the Executive are parties to an Employment
Agreement, dated as of February 1, 1995, as amended by (i) a First Amendment to
Employment Agreement, dated as of February 1, 1995, (ii) a letter agreement,
dated April 8, 1996 and (iii) a letter agreement, dated February 14, 1997 (the
"EMPLOYMENT AGREEMENT"), pursuant to which the Executive serves as the President
and Chief Executive Officer of the Company.

         B. The parties desire to amend the Employment Agreement as set forth
herein.

         C. Section 10 of the Employment Agreement provides that the Employment
Agreement may be modified by an agreement in writing between the parties
thereto.

                                   AGREEMENT:

         NOW THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto agree as
follows:

         1. PREAMBLE AND RECITALS; DEFINED TERMS. The preamble and recitals
hereinabove set forth are incorporated herein and made a part hereof. Except as
otherwise provided herein, capitalized terms used in this Fourth Amendment to
Employment Agreement shall have the meanings ascribed thereto in the Employment
Agreement.

         2. AMENDMENT TO EMPLOYMENT AGREEMENT.

            (a) Section 2.1 of the Employment Agreement is hereby amended by
deleting the reference to "January 31, 2000" therefrom and substituting the date
"January 31, 2001" in its complete place and stead.

            (b) Exhibit A to the Employment Agreement, as heretofore amended, is
hereby further amended by deleting the phrase "and 1999" and substituting the
phrase "1999 and 2000" in its complete place and stead.

         3. AFFIRMATION. In all other respects the Employment Agreement is
affirmed.



         IN WITNESS WHEREOF, the undersigned have caused this Fourth Amendment
to Employment Agreement to be executed as of the date first written above.

                                 ATLANTIS PLASTICS, INC.

                                 By:  ________________________________
                                      Xxxx X. Xxxxxx
                                      Chairman of the Board


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                                 XXXXXXX X. XXXX