0001193125-06-230565 Sample Contracts

WAIVER LETTER NO. 2 AND AMENDMENT NO. 1 Dated as of May 31, 2006
Pregis Holding II CORP • November 9th, 2006 • Plastics products, nec

To the banks, financial institutions and other institutional lenders (collectively, the “Lenders”) parties to the Credit Agreement referred to below and to Credit Suisse, as collateral agent and administrative agent (the “Agent”) for the Lenders

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EMPLOYMENT AGREEMENT
Agreement • November 9th, 2006 • Pregis Holding II CORP • Plastics products, nec • New York

THIS AGREEMENT is made effective as of October 2, 2006, by and among Pregis Holding I Corporation, a Delaware corporation (“Pregis I”), and its wholly owned subsidiaries, Pregis Holding II Corporation, a Delaware corporation (“Pregis II”), and Pregis Corporation, a Delaware corporation (“Pregis”) (Pregis I, Pregis II and Pregis, collectively, the “Employers” and individually an “Employer”), and Michael T. McDonnell (“Executive”).

EMPLOYMENT AGREEMENT
Employment Agreement • November 9th, 2006 • Pregis Holding II CORP • Plastics products, nec • New York

THIS AGREEMENT is made effective as of April 12, 2006, by and among Pregis Holding I Corporation, a Delaware corporation (“Pregis I”), and its wholly owned subsidiaries, Pregis Holding II Corporation, a Delaware corporation (“Pregis II”), and Pregis Corporation, a Delaware corporation (“Pregis”) (Pregis I, Pregis II and Pregis, collectively, the “Employers” and individually an “Employer”), and Timothy J. Cunningham (“Executive”).

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