January 7, 1999 Mark Goldman Eastpak, Inc. Cross Point Tower 1, 12th Floor Lowell, MA 01851-8113 Dear Mark: The purpose of this letter is to set forth the terms of our agreement for your continued employment with Coleman. The following are the key...

                                                         January 7, 1999


Xxxx Xxxxxxx
Eastpak, Inc.
Cross Point Tower 0, 00xx Xxxxx
Xxxxxx, XX  00000-8113

Dear Xxxx:

     The purpose of this letter is to set forth the terms of our agreement 
for your continued employment with Xxxxxxx.  The following are the key 
elements of our agreement:

Title:                   Chairman, Eastpak
Effective Date:          January 1, 1999
Salary:                  $300,000.00/annual
Bonus Target:            70% of Salary, to be prorated if you terminate
                         employment during the year for any reason other than
                         good cause.
Stock Options:           30,000 shares, subject to approval by the Sunbeam
                         Compensation Committee.  Vesting will be accelerated
                         from our normal practice such that 50% will vest on
                         July 1, 1999
                         and 50% will vest on December 31, 1999. 
Car Allowance:           $725.00/month
Vacation:                4 weeks
Benefits:                Standard Sunbeam benefits.
Notice Period:           Three months by either party.

     If you agree to these basic terms, we will complete a more formal 
Employment Agreement as soon as possible.

                                   Sincerely,



                                   Xxxxx X. Xxxxx 
                                   ---------------------
                                   Xxxxx X. Xxxxx, CEO
                                                         


Agreed to by:

Xxxx Xxxxxxx   
----------------
Xxxx Xxxxxxx