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<H5 align="left" style="page-break-before:always"><A HREF="#Y92348toc">Table of Contents</A></H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>As
filed with the Securities and Exchange Commission on August 12, 2011</B>
</DIV>


<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Registration No.&nbsp;333-</B>
</DIV>


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM S-8</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</B></DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>SEALED AIR CORPORATION</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact name of Registrant as specified in its charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="48%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>Delaware</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>65-0654331</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other jurisdiction of incorporation <BR>
or organization)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(I.R.S. Employer Identification No.)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><B>200 Riverfront Boulevard, Elmwood Park, New Jersey</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>07407-1033</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(Address of Principal Executive Offices)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Zip Code)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>2005 CONTINGENT STOCK PLAN OF SEALED AIR CORPORATION</B><BR>
(Full title of the Plan)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>H. KATHERINE WHITE, ESQ.<BR>
Vice President, General Counsel and Secretary<BR>
Sealed Air Corporation<BR>
200 Riverfront Boulevard, Elmwood Park, New Jersey 07407-1033</B><BR>
(Name and address of agent for service)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>(201)&nbsp;791-7600</B><BR>
(Telephone number, including area code, of agent for service)</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="22%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="22%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="22%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="22%">&nbsp;</TD>
</TR>
<TR></TR>
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<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><FONT style="white-space: nowrap">Large accelerated filer <FONT style="font-family: Wingdings">&#254;</FONT></FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><FONT style="white-space: nowrap">Accelerated filer <FONT style="font-family: Wingdings">&#111;</FONT></FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><FONT style="white-space: nowrap"> Non-accelerated filer <FONT style="font-family: Wingdings">&#111;</FONT></FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><FONT style="white-space: nowrap">Smaller reporting company <FONT style="font-family: Wingdings">&#111;</FONT></FONT></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><FONT style="white-space: nowrap">(Do not check if a smaller reporting company)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CALCULATION OF REGISTRATION FEE</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="36%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD><!-- VRule -->
    <TD width="2%">&nbsp;</TD>
    <TD width="24%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD><!-- VRule -->
    <TD width="2%">&nbsp;</TD>
    <TD width="16%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD><!-- VRule -->
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD><!-- VRule -->
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>
</TR><TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="15" style="border-bottom: 3px double #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Proposed maximum</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Proposed maximum</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="left"><B>Title of securities</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Amount to</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>offering price</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>aggregate offering</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Amount of</B></TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="left"><B>to be registered</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>be registered (1)</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>per share (2)</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>price (2)</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>registration fee</B></TD>
    <TD width="1%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD width="1%" style="border-top: 2px solid #000000">&nbsp;</TD>
                    <TD valign="top" style="border-top: 2px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">Common Stock, par value
$0.10 per share
</DIV></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 2px solid #000000">4,200,000 shares
</TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>

<TD align="center" valign="bottom" style="border-top: 2px solid #000000">$
18.33 per share
</TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>

<TD align="center" valign="bottom" style="border-top: 2px solid #000000">$
76,986,000</TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>

<TD align="center" valign="bottom" style="border-top: 2px solid #000000">$
8,938.07</TD>
    <TD width="1%" style="border-top: 2px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="15" style="border-top: 3px double #000000">&nbsp;</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 3pt; width: 18%; border-top: 0px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">(1)</TD>
    <TD>&nbsp;</TD>
    <TD>Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the &#147;Securities
Act&#148;), this Registration Statement shall also cover any additional shares of the registrant&#146;s
common stock in respect of the securities identified in the above table as a result of any stock
dividend, stock split, recapitalization or other similar transaction.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(2)</TD>
    <TD>&nbsp;</TD>
    <TD>Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c)
and (h)&nbsp;based on the average of the high and low prices reported in the consolidated reporting
system for New York Stock Exchange traded securities on August 10, 2011.</TD>
</TR>

</TABLE>



<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>











<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">





</DIV>


<!-- TOC -->
<A name="Y92348toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

<P><CENTER>
<TABLE border="0" width="90%" cellpadding="0" cellspacing="0">
<TR>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
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	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="76%"></TD>
</TR>
<TR><TD colspan="9"><A HREF="#Y92348000">PART I</A></TD></TR>
<TR><TD colspan="9"><A HREF="#Y92348001">PART II</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#Y92348002">Item&nbsp;3. Incorporation of Documents by Reference</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#Y92348003">Item&nbsp;4. Description of Securities</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#Y92348004">Item&nbsp;5. Interests of Named Experts and Counsel</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#Y92348005">Item&nbsp;6. Indemnification of Directors and Officers</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#Y92348006">Item&nbsp;7. Exemption from Registration Claimed</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#Y92348007">Item&nbsp;8. Exhibits</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#Y92348008">Item&nbsp;9. Undertakings</A></TD></TR>
<TR><TD colspan="9"><A HREF="y92348exv5.htm">EX-5</A></TD></TR>
<TR><TD colspan="9"><A HREF="y92348exv23w1.htm">EX-23.1</A></TD></TR>
</TABLE>
</CENTER>
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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>EXPLANATORY NOTE</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Registration Statement on Form S-8 is filed with the Securities and Exchange Commission
(the &#147;SEC&#148;) by Sealed Air Corporation, a Delaware corporation (the &#147;Company&#148;), relating to
4,200,000 additional shares of the Company&#146;s common stock, par value $0.10 per share (the &#147;Common
Stock&#148;) issuable to eligible participants under the 2005 Contingent Stock Plan of Sealed Air
Corporation (the &#147;Plan&#148;), as amended effective May&nbsp;18, 2011, plus such number of shares of Common
Stock as may be issuable as a result of any stock dividend, stock split, recapitalization or other
similar transaction. The 4,200,000 shares are in addition to the 8,400,000 shares (after adjusting
for the Company&#146;s stock split effected in March&nbsp;2007) of the Common Stock registered on the
Company&#146;s Form S-8 filed on July&nbsp;26, 2005 (Commission File No.&nbsp;333-126890) and Form S-8 filed on
August&nbsp;8, 2008 (Commission File No.&nbsp;333-152909) (the &#147;Prior Registration Statements&#148;). Of the
4,200,000 additional shares, 200,000 are for: (1)&nbsp;shares of Common Stock that may be issued under
the Plan and then reacquired by the Company due to forfeiture; (2)&nbsp;shares of Common Stock that may
be reacquired or withheld in satisfaction of tax withholding obligations, such shares becoming
available again for awards under the Plan; and (3)&nbsp;any shares of Common Stock related to awards
that terminate by forfeiture, cancellation or otherwise without the issuance of such shares.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Registration Statement relates to securities of the same class as those to which the
Prior Registration Statements relate, and is submitted in accordance with General Instruction E to
Form S-8 regarding Registration of Additional Securities. Pursuant to Instruction E of Form S-8,
the contents of the Prior Registration Statements are incorporated herein by reference and made
part of this Registration Statement, except as amended hereby.
</DIV>
<!-- link1 "PART I" -->
<DIV align="left"><A NAME="Y92348000"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART I</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The information required in Part&nbsp;I of this Registration Statement is included in prospectuses
for the Plan that are not filed as part of this Registration Statement pursuant to Note to Part&nbsp;I
of Form S-8.
</DIV>
<!-- link1 "PART II" -->
<DIV align="left"><A NAME="Y92348001"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART II</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>
</DIV>
<!-- link2 "Item&nbsp;3. Incorporation of Documents by Reference" -->
<DIV align="left"><A NAME="Y92348002"></A></DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Item&nbsp;3. <U>Incorporation of Documents by Reference</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents filed by the Company with the SEC are incorporated by reference into
this Registration Statement:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Annual Report on Form 10-K of Sealed Air Corporation for the year ended December&nbsp;31, 2010;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;All other reports filed by the Company pursuant to Section 13(a) or 15(d) of the
Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;) since the end of the fiscal year
covered by the registrant document referred to in (a)&nbsp;above:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;Current Report on Form 8-K of Sealed Air Corporation, Date of
Report January&nbsp;11, 2011;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;Current Report on Form 8-K of Sealed Air Corporation, Date of Report April&nbsp;7, 2011;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;Current Report on Form 8-K of Sealed Air Corporation, Date of Report May&nbsp;18, 2011;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv)&nbsp;Current Report on Form 8-K of Sealed Air Corporation, Date of Report May&nbsp;31, 2011;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v)&nbsp;Current Report on Form 8-K of Sealed Air Corporation, Date of
Report June&nbsp;17, 2011;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi)&nbsp;Current Report on Form 8-K/A of Sealed Air Corporation, Date of
Report July&nbsp;14, 2011;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii)&nbsp;Current Report on Form 8-K of Sealed Air Corporation, Date of
Report July&nbsp;28, 2011;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii)&nbsp;Quarterly Report on Form 10-Q of Sealed Air Corporation for the quarter ended
March&nbsp;31, 2011;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix)&nbsp;Quarterly Report on Form 10-Q of Sealed Air Corporation for the
quarter ended June&nbsp;30, 2011; and
</DIV>





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<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;the description of the Company&#146;s common stock, par value $0.10 per share (the &#147;Common
Stock&#148;), contained in the Company&#146;s Joint Proxy Statement/Prospectus filed as part of the Company&#146;s
Registration Statement on Form S-4, declared effective on February&nbsp;13, 1998.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents filed by the Company with the SEC pursuant to Sections&nbsp;13(a), 13(c), 14 and
15(d) of the Exchange Act subsequent to the date of this Registration Statement and prior to the
filing of a post-effective amendment which indicates that all securities offered have been sold or
which deregisters all securities then remaining unsold, shall be deemed to be incorporated herein
by reference into this Registration Statement and to be a part hereof from the respective date of
filing of each such document.
</DIV>

<!-- link2 "Item&nbsp;4. Description of Securities" -->
<DIV align="left"><A NAME="Y92348003"></A></DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Item&nbsp;4. <U>Description of Securities</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</DIV>

<!-- link2 "Item&nbsp;5. Interests of Named Experts and Counsel" -->
<DIV align="left"><A NAME="Y92348004"></A></DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Item&nbsp;5. <U>Interests of Named Experts and Counsel</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H. Katherine White, Vice President, General Counsel and Secretary of the registrant, has
passed upon on the validity of the shares of Common Stock offered under the Plan for the
registrant. As of the date of this Registration Statement, Ms.&nbsp;White was employed by the registrant
and was the beneficial owner of approximately 151,710 shares of Common Stock of the registrant.
</DIV>

<!-- link2 "Item&nbsp;6. Indemnification of Directors and Officers" -->
<DIV align="left"><A NAME="Y92348005"></A></DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Item&nbsp;6. <U>Indemnification of Directors and Officers</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;145 of the General Corporation Law of the State of Delaware (the &#147;General Corporation
Law&#148;) provides that: (1)&nbsp;under certain circumstances a corporation may indemnify a director or
officer made party to, or threatened to be made party to, any civil, criminal, administrative or
investigative action, suit or proceeding (other than an action by or in the right of the
corporation) because such person is or was a director, officer, employee or agent of the
corporation, or because such person is or was so serving another enterprise at the request of the
corporation, against expenses, judgments, fines and amounts paid in settlement reasonably incurred
by such person in connection with such action, suit or proceeding, if such person acted in good
faith and in a manner such person reasonably believed to be in or not opposed to the best interests
of the corporation, and, with respect to criminal cases, had no reasonable cause to believe such
person&#146;s conduct was unlawful; (2)&nbsp;under certain circumstances a corporation may indemnify a
director or officer made party to, or threatened to be made party to, any action or suit by or in
the right of the corporation for judgment in favor of the corporation because such person is or was
a director, officer, employee or agent of the corporation, or because such person is or was so
serving another enterprise at the request of the corporation, against expenses reasonably incurred
by such person in connection with the defense or settlement of such action or suit if such person
acted in good faith and in a manner such person reasonably believed to be in or not opposed to the
best interests of the corporation; and (3)&nbsp;a present or former director or officer shall be
indemnified by the corporation against expenses reasonably incurred by such person in connection
with and to the extent that such person has been successful on the merits or otherwise in defense
of any action, suit or proceeding referred to in the preceding clauses, or in defense of any claim,
issue or matter therein.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under Article&nbsp;ELEVENTH of the registrant&#146;s Amended and Restated Certificate of Incorporation
and Article&nbsp;8 of the registrant&#146;s Amended and Restated By-Laws, indemnification of directors and
officers is provided for to the fullest extent permitted under the General Corporation Law. Article
TWELFTH of the registrant&#146;s Amended and Restated Certificate of Incorporation eliminates the
liability of directors for monetary damages for breach of fiduciary duty as directors, except for
liability (1)&nbsp;for any breach of the director&#146;s duty of loyalty to the Corporation or its
stockholders, (2)&nbsp;for acts or omissions not in good faith or which involve intentional misconduct
or a knowing violation of law, (3)&nbsp;under Section&nbsp;174 of the General Corporation Law, or (4)&nbsp;for any
transaction from which the director derived an improper personal benefit. The General Corporation
Law, the registrant&#146;s Amended and Restated Certificate of Incorporation and the registrant&#146;s
Amended and Restated By-Laws permit the purchase by the registrant of insurance for indemnification
of directors and officers. The registrant currently maintains directors and officers liability
insurance.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The foregoing summary of Section&nbsp;145 of the General Corporation Law, Articles ELEVENTH and
TWELFTH of the Amended and Restated Certificate of Incorporation of the registrant and Article&nbsp;8 of
the Amended and Restated By-Laws of the registrant is qualified in its entirety by reference to the
relevant provisions of Section&nbsp;145, the relevant provisions of the registrant&#146;s Unofficial
Composite Amended and Restated Certificate of Incorporation, which are incorporated herein by
reference to Exhibit&nbsp;3.1 to the registrant&#146;s Registration Statement on Form S-3, Registration No.
333-108544, and the relevant provisions of the registrant&#146;s Amended and Restated By-Laws, which are
incorporated herein by reference to Exhibit&nbsp;3.1 to the registrant&#146;s Current Report on Form 8-K,
Date of Report May&nbsp;20, 2009, File No.&nbsp;1-12139.
</DIV>

<!-- link2 "Item&nbsp;7. Exemption from Registration Claimed" -->
<DIV align="left"><A NAME="Y92348006"></A></DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Item&nbsp;7. <U>Exemption from Registration Claimed</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</DIV>




<P align="center" style="font-size: 10pt"><!-- Folio -->2<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always"><A HREF="#Y92348toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<!-- link2 "Item&nbsp;8. Exhibits" -->
<DIV align="left"><A NAME="Y92348007"></A></DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Item&nbsp;8. <U>Exhibits</U>.
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Exhibit No.</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Description</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Unofficial Composite Amended and Restated Certificate of
Incorporation of the Company as currently in effect. (Exhibit
3.1 to the Company&#146;s Registration Statement on Form&nbsp;S-3,
Registration No.&nbsp;333-108544, is incorporated herein by
reference.)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amended and Restated By-Laws of the Company as currently in
effect. (Exhibit&nbsp;3.1 to the Company&#146;s Current Report on Form
8-K, Date of Report May&nbsp;20, 2009, File No.&nbsp;1-12139, is
incorporated herein by reference.)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2005 Contingent Stock Plan of Sealed Air Corporation, as amended
effective May&nbsp;18, 2011 (Annex D of the Company&#146;s Proxy Statement
for the annual meeting held on May&nbsp;18, 2011, File No.&nbsp;1-12139,
is incorporated herein by reference.)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.4
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Form of Restricted Stock Agreement, approved December&nbsp;18, 2008,
for awards pursuant to the Stock Leverage Opportunity provision
of the Company&#146;s annual incentive plan. (Exhibit&nbsp;10.1 to the
Company&#146;s Current Report on Form&nbsp;8-K, Date of Report December
18, 2008, File No.&nbsp;1-12139, is incorporated herein by
reference.)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.5
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Form of Restricted Stock Unit Agreement, approved December&nbsp;18,
2008, for awards pursuant to the Stock Leverage Opportunity
provision of the Company&#146;s annual incentive plan. (Exhibit&nbsp;10.2
to the Company&#146;s Current Report on Form&nbsp;8-K, Date of Report
December&nbsp;18, 2008, File No.&nbsp;1-12139, is incorporated herein by
reference.)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.6
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Form of Restricted Stock Agreement, as amended, under the
amended 2005 Contingent Stock Plan of Sealed Air Corporation.
(Exhibit&nbsp;10.3 to the Company&#146;s Current Report on Form&nbsp;8-K, Date
of Report December&nbsp;18, 2008, File No.&nbsp;1-12139, is incorporated
herein by reference.)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.7
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Form of Restricted Stock Unit Agreement, as amended, under the
amended 2005 Contingent Stock Plan of Sealed Air Corporation.
(Exhibit&nbsp;10.4 to the Company&#146;s Current Report on Form&nbsp;8-K, Date
of Report December&nbsp;18, 2008, File No.&nbsp;1-12139, is incorporated
herein by reference.)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.8
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Form of Cash Award Agreement under amended 2005 Contingent Stock
Plan of Sealed Air Corporation. (Exhibit&nbsp;10.5 to the Company&#146;s
Current Report on Form&nbsp;8-K, Date of Report December&nbsp;18, 2008,
File No.&nbsp;1-12139, is incorporated herein by reference.)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.9
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Form of Sealed Air Corporation Performance Share Units Award
Grant 2009-2011. (Exhibit&nbsp;10.2 to the Company&#146;s Current Report
on Form&nbsp;8-K, Date of Report April&nbsp;16, 2009, File No.&nbsp;1-12139, is
incorporated herein by reference.)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.10
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Form of Sealed Air Corporation Performance Share Units Award
Grant 2010-2012. (Exhibit&nbsp;10.1 to the Company&#146;s Current Report
on Form&nbsp;8-K, Date of Report April&nbsp;14, 2010, File No.&nbsp;1-12139, is
incorporated herein by reference.)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.11
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Form of Sealed Air Corporation Performance Share Units Award
Grant 2011-2013. (Exhibit&nbsp;10.1 to the Company&#146;s Current Report
on Form&nbsp;8-K, Date of Report April&nbsp;7, 2011, File No.&nbsp;1-12139, is
incorporated herein by reference.)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.12
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Sealed Air Corporation Policy on Recoupment of Incentive
Compensation from Executives in the Event of Certain
Restatements. (Exhibit&nbsp;10.1 to the Company&#146;s Current Report on
Form&nbsp;8-K, Date of Report February&nbsp;18, 2010, File No.&nbsp;1-12139, is
incorporated herein by reference.).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">5
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of counsel as to legality of securities being registered.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Independent Registered Public Accounting Firm.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Counsel. (Contained in opinion filed as Exhibit&nbsp;5 to
this Registration Statement, and incorporated herein by
reference.)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">24
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Powers of Attorney. (Contained in Signature Pages of this
Registration Statement, and incorporated herein by reference.)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->4<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<!-- link2 "Item&nbsp;9. Undertakings" -->
<DIV align="left"><A NAME="Y92348008"></A></DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Item&nbsp;9. <U>Undertakings</U>.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned registrant hereby undertakes: (1)&nbsp;to file, during any period in which offers
or sales are being made, a post-effective amendment to this registration statement: (i)&nbsp;to include
any prospectus required by Section&nbsp;10(a)(3) of the Securities Act of 1933; (ii)&nbsp;to reflect in the
prospectus any facts or events arising after the effective date of the registration statement (or
the most recent post-effective amendment thereof) which, individually or in the aggregate,
represent a fundamental change in the information set forth in the registration statement
(notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the
total dollar value of securities offered would not exceed that which was registered) and any
deviation from the low or high end of the estimated maximum offering range may be reflected in the
form of prospectus filed with the Securities and Exchange Commission pursuant to Rule 424(b) if, in
the aggregate, the changes in volume and price represent no more than a 20% change in the maximum
aggregate offering price set forth in the &#147;Calculation of Registration Fee&#148; table in the effective
registration statement); and (iii)&nbsp;to include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any material change to such
information in the registration statement, <U>provided</U>, <U>however</U>, that paragraphs
(1)(i) and (1)(ii) above do not apply if the registration statement is on Form S-8, and the
information required to be included in a post-effective amendment by those paragraphs is contained
in reports filed with or furnished to the Securities and Exchange Commission by the registrant
pursuant to section 13 or section 15(d) of the Securities Exchange Act of 1934 that are
incorporated by reference in the registration statement and that paragraphs (1)(i), (1)(ii) and
(1)(iii) above do not apply if the registration statement is on Form S-3 or Form F-3 and the
information required to be included in a post-effective amendment by those paragraphs is contained
in periodic reports filed with or furnished to the Securities and Exchange Commission by the
registrant pursuant to section 13 or section 15(d) of the Securities Exchange Act of 1934 that are
incorporated by reference in the registration statement, or is contained in a form of prospectus
filed pursuant to Rule 424(b) that is part of the registration statement; (2)&nbsp;that, for the purpose
of determining any liability under the Securities Act of 1933, each such post-effective amendment
shall be deemed to be a new registration statement relating to the securities offered therein, and
the offering of such securities at that time shall be deemed to be the initial bona fide offering
thereof; and (3)&nbsp;to remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the offering.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned registrant hereby undertakes that, for purposes of determining any liability
under the Securities Act of 1933, each filing of the registrant&#146;s annual report pursuant to Section
13(a) or Section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing
of an employee benefit plan&#146;s annual report pursuant to Section 15(d) of the Securities Exchange
Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be
a new registration statement relating to the securities offered therein, and the offering of such
securities at that time shall be deemed to be the initial bona fide offering thereof.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be
permitted to directors, officers and controlling persons of the registrant pursuant to the
foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against public policy as expressed in
the Act and is, therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the registrant of expenses incurred or paid by a
director, officer or controlling person of the registrant in the successful defense of any action,
suit or proceeding) is asserted by such director, officer or controlling person in connection with
the securities being registered, the registrant will, unless in the opinion of its counsel the
matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the
question whether such indemnification by it is against public policy as expressed in the Act and
will be governed by the final adjudication of such issue.
</DIV>




<P align="center" style="font-size: 10pt"><!-- Folio -->6<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always"><A HREF="#Y92348toc">Table of Contents</A></H5><P>

<DIV
 style="font-family: 'Times New Roman',Times,serif">



<P><DIV style="width: 100%; padding: 10px; background-color: SIGNATURES">



<DIV align="center" style="font-size: 10pt; margin-top: 18pt">SIGNATURES
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it
has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and
has duly caused this registration statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the Borough of Elmwood Park, State of New Jersey, on August 12, 2011.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">
SEALED AIR CORPORATION<BR>
(Registrant)<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ William V. Hickey
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">William V. Hickey&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">President and
Chief Executive Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each person whose signature appears below hereby severally constitutes and appoints H.
Katherine White, Jeffrey S. Warren and Guy Chayoun, and each of them singly, such person&#146;s true and
lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for such
person and in such person&#146;s name, place and stead, in any and all capacities, to sign any and all
amendments (including post-effective amendments) to this Registration Statement on Form S-8, and to
file the same, with all exhibits thereto and other documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorneys-in-fact and agents full power and
authority to do and perform each and every act and thing requisite and necessary to be done, as
fully to all intents and purposes as such person might or could do in person, hereby ratifying and
confirming all that said attorneys-in-fact and agents or their substitutes may lawfully do or cause
to be done by virtue hereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, this registration statement has
been signed by the following persons in the capacities and on the dates indicated.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="48%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Signature</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Date</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->

<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ William V. Hickey
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
William V. Hickey
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">August 12, 2011</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">President, Chief Executive Officer
and Director</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(Principal Executive Officer)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ David H. Kelsey
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
David H. Kelsey
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">August 12, 2011</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Senior Vice President and</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Chief Financial Officer</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(Principal Financial Officer)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Jeffrey S. Warren
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Jeffrey S. Warren
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">August 12, 2011</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Controller</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(Principal Accounting Officer)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Hank Brown
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Hank Brown
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">August 12, 2011</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Director</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Michael Chu
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Michael Chu
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">August 12, 2011</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Director</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Lawrence R. Codey
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Lawrence R. Codey
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">August 12, 2011</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Director</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ T. J. Dermot Dunphy
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
T. J. Dermot Dunphy<BR>

Director
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">August 12, 2011</TD>
</TR>
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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="48%">&nbsp;</TD>
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<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Signature</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Date</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Jacqueline B. Kosecoff
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Jacqueline B. Kosecoff
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">August 12, 2011</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Director</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Kenneth P. Manning
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Kenneth P. Manning
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">August 12, 2011</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Director</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ William J. Marino
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
William J. Marino
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">August 12, 2011</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Director</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
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[{"type": "S-8", "sequence": "1", "filename": "y92348sv8.htm", "description": "FORM S-8", "secsgml_size_bytes": 55143}]
{"company-data": {"conformed-name": "SEALED AIR CORP/DE", "cik": "0001012100", "assigned-sic": "2670", "irs-number": "650654331", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-176275", "film-number": "111031589"}, "business-address": {"street1": "200 RIVERFRONT BOULEVARD", "city": "ELMWOOD PARK", "state": "NJ", "zip": "07407-1033", "phone": "201-791-7600"}, "mail-address": {"street1": "200 RIVERFRONT BOULEVARD", "city": "ELMWOOD PARK", "state": "NJ", "zip": "07407-1033"}, "former-company": [{"former-conformed-name": "WR GRACE & CO/DE", "date-changed": "19961015"}, {"former-conformed-name": "GRACE HOLDING INC", "date-changed": "19960805"}]}
sv8
Table of Contents
As
filed with the Securities and Exchange Commission on August 12, 2011
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
SEALED AIR CORPORATION
(Exact name of Registrant as specified in its charter)
Delaware
65-0654331
(State or other jurisdiction of incorporation
or organization)
(I.R.S. Employer Identification No.)
200 Riverfront Boulevard, Elmwood Park, New Jersey
07407-1033
(Address of Principal Executive Offices)
(Zip Code)
2005 CONTINGENT STOCK PLAN OF SEALED AIR CORPORATION
(Full title of the Plan)
H. KATHERINE WHITE, ESQ.
Vice President, General Counsel and Secretary
Sealed Air Corporation
200 Riverfront Boulevard, Elmwood Park, New Jersey 07407-1033
(Name and address of agent for service)
(201) 791-7600
(Telephone number, including area code, of agent for service)
Large accelerated filer
þ
Accelerated filer
o
Non-accelerated filer
o
Smaller reporting company
o
(Do not check if a smaller reporting company)
CALCULATION OF REGISTRATION FEE
Proposed maximum
Proposed maximum
Title of securities
Amount to
offering price
aggregate offering
Amount of
to be registered
be registered (1)
per share (2)
price (2)
registration fee
Common Stock, par value
$0.10 per share
4,200,000 shares
$
18.33 per share
$
76,986,000
$
8,938.07
(1)
Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the "Securities
Act"), this Registration Statement shall also cover any additional shares of the registrant's
common stock in respect of the securities identified in the above table as a result of any stock
dividend, stock split, recapitalization or other similar transaction.
(2)
Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c)
and (h) based on the average of the high and low prices reported in the consolidated reporting
system for New York Stock Exchange traded securities on August 10, 2011.
TABLE OF CONTENTS
PART I
PART II
Item 3. Incorporation of Documents by Reference
Item 4. Description of Securities
Item 5. Interests of Named Experts and Counsel
Item 6. Indemnification of Directors and Officers
Item 7. Exemption from Registration Claimed
Item 8. Exhibits
Item 9. Undertakings
EX-5
EX-23.1
Table of Contents
EXPLANATORY NOTE
This Registration Statement on Form S-8 is filed with the Securities and Exchange Commission
(the "SEC") by Sealed Air Corporation, a Delaware corporation (the "Company"), relating to
4,200,000 additional shares of the Company's common stock, par value $0.10 per share (the "Common
Stock") issuable to eligible participants under the 2005 Contingent Stock Plan of Sealed Air
Corporation (the "Plan"), as amended effective May 18, 2011, plus such number of shares of Common
Stock as may be issuable as a result of any stock dividend, stock split, recapitalization or other
similar transaction. The 4,200,000 shares are in addition to the 8,400,000 shares (after adjusting
for the Company's stock split effected in March 2007) of the Common Stock registered on the
Company's Form S-8 filed on July 26, 2005 (Commission File No. 333-126890) and Form S-8 filed on
August 8, 2008 (Commission File No. 333-152909) (the "Prior Registration Statements"). Of the
4,200,000 additional shares, 200,000 are for: (1) shares of Common Stock that may be issued under
the Plan and then reacquired by the Company due to forfeiture; (2) shares of Common Stock that may
be reacquired or withheld in satisfaction of tax withholding obligations, such shares becoming
available again for awards under the Plan; and (3) any shares of Common Stock related to awards
that terminate by forfeiture, cancellation or otherwise without the issuance of such shares.
This Registration Statement relates to securities of the same class as those to which the
Prior Registration Statements relate, and is submitted in accordance with General Instruction E to
Form S-8 regarding Registration of Additional Securities. Pursuant to Instruction E of Form S-8,
the contents of the Prior Registration Statements are incorporated herein by reference and made
part of this Registration Statement, except as amended hereby.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The information required in Part I of this Registration Statement is included in prospectuses
for the Plan that are not filed as part of this Registration Statement pursuant to Note to Part I
of Form S-8.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.
Incorporation of Documents by Reference
.
The following documents filed by the Company with the SEC are incorporated by reference into
this Registration Statement:
(a) Annual Report on Form 10-K of Sealed Air Corporation for the year ended December 31, 2010;
(b) All other reports filed by the Company pursuant to Section 13(a) or 15(d) of the
Securities Exchange Act of 1934, as amended (the "Exchange Act") since the end of the fiscal year
covered by the registrant document referred to in (a) above:
(i) Current Report on Form 8-K of Sealed Air Corporation, Date of
Report January 11, 2011;
(ii) Current Report on Form 8-K of Sealed Air Corporation, Date of Report April 7, 2011;
(iii) Current Report on Form 8-K of Sealed Air Corporation, Date of Report May 18, 2011;
(iv) Current Report on Form 8-K of Sealed Air Corporation, Date of Report May 31, 2011;
(v) Current Report on Form 8-K of Sealed Air Corporation, Date of
Report June 17, 2011;
(vi) Current Report on Form 8-K/A of Sealed Air Corporation, Date of
Report July 14, 2011;
(vii) Current Report on Form 8-K of Sealed Air Corporation, Date of
Report July 28, 2011;
(viii) Quarterly Report on Form 10-Q of Sealed Air Corporation for the quarter ended
March 31, 2011;
(ix) Quarterly Report on Form 10-Q of Sealed Air Corporation for the
quarter ended June 30, 2011; and
Table of Contents
(c) the description of the Company's common stock, par value $0.10 per share (the "Common
Stock"), contained in the Company's Joint Proxy Statement/Prospectus filed as part of the Company's
Registration Statement on Form S-4, declared effective on February 13, 1998.
All documents filed by the Company with the SEC pursuant to Sections 13(a), 13(c), 14 and
15(d) of the Exchange Act subsequent to the date of this Registration Statement and prior to the
filing of a post-effective amendment which indicates that all securities offered have been sold or
which deregisters all securities then remaining unsold, shall be deemed to be incorporated herein
by reference into this Registration Statement and to be a part hereof from the respective date of
filing of each such document.
Item 4.
Description of Securities
.
Not applicable.
Item 5.
Interests of Named Experts and Counsel
.
H. Katherine White, Vice President, General Counsel and Secretary of the registrant, has
passed upon on the validity of the shares of Common Stock offered under the Plan for the
registrant. As of the date of this Registration Statement, Ms. White was employed by the registrant
and was the beneficial owner of approximately 151,710 shares of Common Stock of the registrant.
Item 6.
Indemnification of Directors and Officers
.
Section 145 of the General Corporation Law of the State of Delaware (the "General Corporation
Law") provides that: (1) under certain circumstances a corporation may indemnify a director or
officer made party to, or threatened to be made party to, any civil, criminal, administrative or
investigative action, suit or proceeding (other than an action by or in the right of the
corporation) because such person is or was a director, officer, employee or agent of the
corporation, or because such person is or was so serving another enterprise at the request of the
corporation, against expenses, judgments, fines and amounts paid in settlement reasonably incurred
by such person in connection with such action, suit or proceeding, if such person acted in good
faith and in a manner such person reasonably believed to be in or not opposed to the best interests
of the corporation, and, with respect to criminal cases, had no reasonable cause to believe such
person's conduct was unlawful; (2) under certain circumstances a corporation may indemnify a
director or officer made party to, or threatened to be made party to, any action or suit by or in
the right of the corporation for judgment in favor of the corporation because such person is or was
a director, officer, employee or agent of the corporation, or because such person is or was so
serving another enterprise at the request of the corporation, against expenses reasonably incurred
by such person in connection with the defense or settlement of such action or suit if such person
acted in good faith and in a manner such person reasonably believed to be in or not opposed to the
best interests of the corporation; and (3) a present or former director or officer shall be
indemnified by the corporation against expenses reasonably incurred by such person in connection
with and to the extent that such person has been successful on the merits or otherwise in defense
of any action, suit or proceeding referred to in the preceding clauses, or in defense of any claim,
issue or matter therein.
Under Article ELEVENTH of the registrant's Amended and Restated Certificate of Incorporation
and Article 8 of the registrant's Amended and Restated By-Laws, indemnification of directors and
officers is provided for to the fullest extent permitted under the General Corporation Law. Article
TWELFTH of the registrant's Amended and Restated Certificate of Incorporation eliminates the
liability of directors for monetary damages for breach of fiduciary duty as directors, except for
liability (1) for any breach of the director's duty of loyalty to the Corporation or its
stockholders, (2) for acts or omissions not in good faith or which involve intentional misconduct
or a knowing violation of law, (3) under Section 174 of the General Corporation Law, or (4) for any
transaction from which the director derived an improper personal benefit. The General Corporation
Law, the registrant's Amended and Restated Certificate of Incorporation and the registrant's
Amended and Restated By-Laws permit the purchase by the registrant of insurance for indemnification
of directors and officers. The registrant currently maintains directors and officers liability
insurance.
The foregoing summary of Section 145 of the General Corporation Law, Articles ELEVENTH and
TWELFTH of the Amended and Restated Certificate of Incorporation of the registrant and Article 8 of
the Amended and Restated By-Laws of the registrant is qualified in its entirety by reference to the
relevant provisions of Section 145, the relevant provisions of the registrant's Unofficial
Composite Amended and Restated Certificate of Incorporation, which are incorporated herein by
reference to Exhibit 3.1 to the registrant's Registration Statement on Form S-3, Registration No.
333-108544, and the relevant provisions of the registrant's Amended and Restated By-Laws, which are
incorporated herein by reference to Exhibit 3.1 to the registrant's Current Report on Form 8-K,
Date of Report May 20, 2009, File No. 1-12139.
Item 7.
Exemption from Registration Claimed
.
Not applicable.
2
Table of Contents
Item 8.
Exhibits
.
Exhibit No.
Description
4.1
Unofficial Composite Amended and Restated Certificate of
Incorporation of the Company as currently in effect. (Exhibit
3.1 to the Company's Registration Statement on Form S-3,
Registration No. 333-108544, is incorporated herein by
reference.)
4.2
Amended and Restated By-Laws of the Company as currently in
effect. (Exhibit 3.1 to the Company's Current Report on Form
8-K, Date of Report May 20, 2009, File No. 1-12139, is
incorporated herein by reference.)
4.3
2005 Contingent Stock Plan of Sealed Air Corporation, as amended
effective May 18, 2011 (Annex D of the Company's Proxy Statement
for the annual meeting held on May 18, 2011, File No. 1-12139,
is incorporated herein by reference.)
4.4
Form of Restricted Stock Agreement, approved December 18, 2008,
for awards pursuant to the Stock Leverage Opportunity provision
of the Company's annual incentive plan. (Exhibit 10.1 to the
Company's Current Report on Form 8-K, Date of Report December
18, 2008, File No. 1-12139, is incorporated herein by
reference.)
4.5
Form of Restricted Stock Unit Agreement, approved December 18,
2008, for awards pursuant to the Stock Leverage Opportunity
provision of the Company's annual incentive plan. (Exhibit 10.2
to the Company's Current Report on Form 8-K, Date of Report
December 18, 2008, File No. 1-12139, is incorporated herein by
reference.)
4.6
Form of Restricted Stock Agreement, as amended, under the
amended 2005 Contingent Stock Plan of Sealed Air Corporation.
(Exhibit 10.3 to the Company's Current Report on Form 8-K, Date
of Report December 18, 2008, File No. 1-12139, is incorporated
herein by reference.)
4.7
Form of Restricted Stock Unit Agreement, as amended, under the
amended 2005 Contingent Stock Plan of Sealed Air Corporation.
(Exhibit 10.4 to the Company's Current Report on Form 8-K, Date
of Report December 18, 2008, File No. 1-12139, is incorporated
herein by reference.)
4.8
Form of Cash Award Agreement under amended 2005 Contingent Stock
Plan of Sealed Air Corporation. (Exhibit 10.5 to the Company's
Current Report on Form 8-K, Date of Report December 18, 2008,
File No. 1-12139, is incorporated herein by reference.)
4.9
Form of Sealed Air Corporation Performance Share Units Award
Grant 2009-2011. (Exhibit 10.2 to the Company's Current Report
on Form 8-K, Date of Report April 16, 2009, File No. 1-12139, is
incorporated herein by reference.)
4.10
Form of Sealed Air Corporation Performance Share Units Award
Grant 2010-2012. (Exhibit 10.1 to the Company's Current Report
on Form 8-K, Date of Report April 14, 2010, File No. 1-12139, is
incorporated herein by reference.)
4.11
Form of Sealed Air Corporation Performance Share Units Award
Grant 2011-2013. (Exhibit 10.1 to the Company's Current Report
on Form 8-K, Date of Report April 7, 2011, File No. 1-12139, is
incorporated herein by reference.)
4.12
Sealed Air Corporation Policy on Recoupment of Incentive
Compensation from Executives in the Event of Certain
Restatements. (Exhibit 10.1 to the Company's Current Report on
Form 8-K, Date of Report February 18, 2010, File No. 1-12139, is
incorporated herein by reference.).
5
Opinion of counsel as to legality of securities being registered.
23.1
Consent of Independent Registered Public Accounting Firm.
23.2
Consent of Counsel. (Contained in opinion filed as Exhibit 5 to
this Registration Statement, and incorporated herein by
reference.)
24
Powers of Attorney. (Contained in Signature Pages of this
Registration Statement, and incorporated herein by reference.)
4
Table of Contents
Item 9.
Undertakings
.
The undersigned registrant hereby undertakes: (1) to file, during any period in which offers
or sales are being made, a post-effective amendment to this registration statement: (i) to include
any prospectus required by Section 10(a)(3) of the Securities Act of 1933; (ii) to reflect in the
prospectus any facts or events arising after the effective date of the registration statement (or
the most recent post-effective amendment thereof) which, individually or in the aggregate,
represent a fundamental change in the information set forth in the registration statement
(notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the
total dollar value of securities offered would not exceed that which was registered) and any
deviation from the low or high end of the estimated maximum offering range may be reflected in the
form of prospectus filed with the Securities and Exchange Commission pursuant to Rule 424(b) if, in
the aggregate, the changes in volume and price represent no more than a 20% change in the maximum
aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective
registration statement); and (iii) to include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any material change to such
information in the registration statement,
provided
,
however
, that paragraphs
(1)(i) and (1)(ii) above do not apply if the registration statement is on Form S-8, and the
information required to be included in a post-effective amendment by those paragraphs is contained
in reports filed with or furnished to the Securities and Exchange Commission by the registrant
pursuant to section 13 or section 15(d) of the Securities Exchange Act of 1934 that are
incorporated by reference in the registration statement and that paragraphs (1)(i), (1)(ii) and
(1)(iii) above do not apply if the registration statement is on Form S-3 or Form F-3 and the
information required to be included in a post-effective amendment by those paragraphs is contained
in periodic reports filed with or furnished to the Securities and Exchange Commission by the
registrant pursuant to section 13 or section 15(d) of the Securities Exchange Act of 1934 that are
incorporated by reference in the registration statement, or is contained in a form of prospectus
filed pursuant to Rule 424(b) that is part of the registration statement; (2) that, for the purpose
of determining any liability under the Securities Act of 1933, each such post-effective amendment
shall be deemed to be a new registration statement relating to the securities offered therein, and
the offering of such securities at that time shall be deemed to be the initial bona fide offering
thereof; and (3) to remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the offering.
The undersigned registrant hereby undertakes that, for purposes of determining any liability
under the Securities Act of 1933, each filing of the registrant's annual report pursuant to Section
13(a) or Section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing
of an employee benefit plan's annual report pursuant to Section 15(d) of the Securities Exchange
Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be
a new registration statement relating to the securities offered therein, and the offering of such
securities at that time shall be deemed to be the initial bona fide offering thereof.
Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be
permitted to directors, officers and controlling persons of the registrant pursuant to the
foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against public policy as expressed in
the Act and is, therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the registrant of expenses incurred or paid by a
director, officer or controlling person of the registrant in the successful defense of any action,
suit or proceeding) is asserted by such director, officer or controlling person in connection with
the securities being registered, the registrant will, unless in the opinion of its counsel the
matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the
question whether such indemnification by it is against public policy as expressed in the Act and
will be governed by the final adjudication of such issue.
6
Table of Contents
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it
has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and
has duly caused this registration statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the Borough of Elmwood Park, State of New Jersey, on August 12, 2011.
SEALED AIR CORPORATION
(Registrant)
By:
/s/ William V. Hickey
Name:
William V. Hickey
Title:
President and
Chief Executive Officer
Each person whose signature appears below hereby severally constitutes and appoints H.
Katherine White, Jeffrey S. Warren and Guy Chayoun, and each of them singly, such person's true and
lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for such
person and in such person's name, place and stead, in any and all capacities, to sign any and all
amendments (including post-effective amendments) to this Registration Statement on Form S-8, and to
file the same, with all exhibits thereto and other documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorneys-in-fact and agents full power and
authority to do and perform each and every act and thing requisite and necessary to be done, as
fully to all intents and purposes as such person might or could do in person, hereby ratifying and
confirming all that said attorneys-in-fact and agents or their substitutes may lawfully do or cause
to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this registration statement has
been signed by the following persons in the capacities and on the dates indicated.
Signature
Date
/s/ William V. Hickey
William V. Hickey
August 12, 2011
President, Chief Executive Officer
and Director
(Principal Executive Officer)
/s/ David H. Kelsey
David H. Kelsey
August 12, 2011
Senior Vice President and
Chief Financial Officer
(Principal Financial Officer)
/s/ Jeffrey S. Warren
Jeffrey S. Warren
August 12, 2011
Controller
(Principal Accounting Officer)
/s/ Hank Brown
Hank Brown
August 12, 2011
Director
/s/ Michael Chu
Michael Chu
August 12, 2011
Director
/s/ Lawrence R. Codey
Lawrence R. Codey
August 12, 2011
Director
/s/ T. J. Dermot Dunphy
T. J. Dermot Dunphy
Director
August 12, 2011
7
Table of Contents
Signature
Date
/s/ Jacqueline B. Kosecoff
Jacqueline B. Kosecoff
August 12, 2011
Director
/s/ Kenneth P. Manning
Kenneth P. Manning
August 12, 2011
Director
/s/ William J. Marino
William J. Marino
August 12, 2011
Director
8