FORM OF CONTINGENT STOCK PURCHASE AGREEMENT—OFFICERStock Purchase Agreement—officer • November 5th, 2004 • Sealed Air Corp/De • Converted paper & paperboard prods (no contaners/boxes) • Delaware
The Employee is now an officer of the Corporation and has been selected by the Organization and Compensation Committee (the "Committee") of the Board of Directors of the Corporation as one who is in a position to make a significant contribution to the growth and success of the Corporation. Pursuant to the Contingent Stock Plan of Sealed Air Corporation (the "Plan"), the Corporation desires to provide an incentive to the Employee which will permit him to share directly in the growth of the Corporation and to further identify his interests with those of the stockholders of the Corporation.
