Yep, just insert the CD, and when your Mac reboots from the OS X CD to install OS X 10.2, just select the drive (if you have more than one, select which one you want it on) and install away. You can install OS X on the OS 9 drive without issue, and be able to boot into either OS at your will.
MacBook Pro (15-inch, Mid 2012) 2.3 GHz Core i7, 16GB, 256GB M4 SSD
iPhone 8 - 64GB S/G • Sound System Audio Engine A2 • Display UltraSharp U2412M 24"
Custom Built Gaming PC Kaby Lake Edition | 16GB DDR4 | GTX 1070 8G