GRAPHIC PACKAGING INTERNATIONAL CORP
DESCRIPTION OF ARRANGEMENT
<DOCUMENT>
<TYPE>EX-10.0
<SEQUENCE>3
<FILENAME>luisleonarrangement.txt
<DESCRIPTION>DESCRIPTION OF ARRANGEMENT
<TEXT>
                                             Exhibit 10.0



                 Description of Arrangement

In May 2001, Luis Leon accepted an offer to become the Chief
Financial  Officer of the Company, effective July  2,  2001.
The  terms  of Mr. Leon's employment include: 1)  an  annual
salary   of  $325,000;  2)  eligibility  for  the  Executive
Incentive Plan, with a guaranteed minimum bonus in  2001  of
$162,500,  which  is  normally  paid  out  in  March  of the
following year if employment is not terminated for cause; 3)
inclusion in the Company's Long Term Incentive Plan, with  a
cash  component  of  $300,000 and a stock  option  level  of
200,000  options  in accordance with the plan  document;  4)
eligibility  for the Company's Change of Control  agreement;
5)  relocation  reimbursement; 6) annual car and  perquisite
allowances  commencing as of January 1,  2001  and  totaling
$43,500;  and 6) participation in other applicable  employee
benefit plans.  Consistent with Company employment policies,
Mr.  Leon's  employment was contingent upon drug  screening,
background   investigation,   and   the   signing    of    a
confidentiality agreement.


</TEXT>
</DOCUMENT>
