EXHIBIT 10.2

                               AMENDMENT TO THE
                             ALLTRISTA CORPORATION
                   ECONOMIC VALUE ADDED AND GROWTH INCENTIVE
                COMPENSATION PLAN FOR KEY MEMBERS OF MANAGEMENT

         This Amendment is made to the Alltrista Corporation Economic
Value Added and Growth Incentive Compensation Plan for Key Members of
Management, which was effective January 1, 1999 (the "Plan). This Amendment
shall be effective as of October 19, 2000. Capitalized terms used but not
defined Herein shall have the meanings ascribed to them in the Plan.

     The Plan is amended as follows:

1.   Section 2 of the Plan is amended by adding the following definition as
     Subsection 2.8 and renumbering the following Subsections of Section 2
     accordingly:

     "2.8   Change in Control - "Change in Control" shall have the meaning
            -----------------
            ascribed to such term in the Company's 1998 Long-term Equity
            Incentive Plan."

2.   Section 5 of the Plan is amended by adding new Subsection 5.10 to read as
     follows:

     "5.10. Effect of a Change in Control
            -----------------------------

     Notwithstanding the preceding provisions of this Section 5, in the event of
     a Change of Control, a pro rata cash payment, in cancellation of the
     outstanding Award in respect of the Year in which the Change in Control
     occurs, shall be made to each Participant within thirty (30) business days
     following the Change of Control. The pro rata payment to such Participant
     with respect to such Year shall be calculated by multiplying (X) and (Y),
     where (X) equals the amount to which the Participant would have been
     entitled to receive had the Year been completed, assuming for this purpose
     that the Performance factor applicable to the Participant was achieved at a
     level of performance based on actual financial results through the date of
     the Change of Control, and (Y) equals a fraction the numerator of which is
     the number of full and partial months in such Year that have elapsed as of
     the date of the Change in Control and the denominator of which is 12."

3.   Except as herein modified, the Plan shall remain in full force and effect.