July 9, 2007 Uses in New Definitions Clause

New Definitions from Amendment to Rights Agreement

THIS AMENDMENT (the Rights Amendment) is entered into as of the 9th day of July 2007, by and between Graphic Packaging Corporation, a Delaware corporation (f/k/a Riverwood Holding, Inc.) (the Corporation), and Wells Fargo Bank, National Association (f/k/a Wells Fargo Bank Minnesota, National Association), as Rights Agent (the Rights Agent), in order to amend the terms of that certain Rights Agreement dated as of August 7, 2003, by and between the Corporation and the Rights Agent (the Rights Agreement).

New Definitions. Section 1 of the Rights Agreement is hereby amended by inserting the following subsections at the end of Section 1: (aaa) Transaction Agreement shall mean the Transaction Agreement and Agreement and Plan of Merger dated as of July 9, 2007 (as it may be amended or supplemented from time to time), by and among the Corporation, Bluegrass Container Holdings, LLC, a Delaware limited liability Company, TPG Bluegrass IV, LP, a Delaware limited partnership, TPG Bluegrass IV-AIV 2, LP, a Delaware limited partnership, TPG Bluegrass V, LP, a Delaware limited partnership, TPG Bluegrass V-AIV 2, LP, a Delaware limited partnership, Field Holdings, Inc., a Delaware corporation, TPG FOF V-A, L.P., a Delaware limited partnership, TPG FOF V-B, L.P., a Delaware limited partnership, BCH Management, LLC, a Delaware limited liability company, New Giant Corporation, a Delaware corporation, and Giant Merger Sub, Inc., a Delaware corporation. (bbb) Merger shall have the meaning set forth in the Transaction Agreement. (ccc) Exchange shall have the meaning set forth in the Transaction Agreement. (ddd) Exempted Transaction shall have the meaning set forth in Section 1(a)(vi) of this Agreement. (eee) BCH Parties shall mean Bluegrass Container Holdings, LLC, a Delaware limited liability Company, TPG Bluegrass IV, LP, a Delaware limited partnership, TPG Bluegrass IV-AIV 2, LP, a Delaware limited partnership, TPG Bluegrass V, LP, a Delaware limited partnership, TPG Bluegrass V-AIV 2, LP, a Delaware limited partnership, Field Holdings, Inc., a Delaware corporation, TPG FOF V-A, L.P., a Delaware limited partnership, TPG FOF V-B, L.P., a Delaware limited partnership, BCH Management, LLC, a Delaware limited liability company and each owner of BCH equity interests joining the Transaction Agreement as a Seller pursuant to Section 5.13 of the Transaction Agreement. (fff) Newco shall have the meaning set forth in the Transaction Agreement. (ggg) Merger Sub shall have the meaning set forth in the Transaction Agreement. (hhh) Voting Agreement shall mean the Voting Agreement dated as of July 9, 2007 (as it may be amended or supplemented from time to time), by and among Bluegrass Container Holdings, LLC, the Corporation and certain stockholders of the Corporation.

New Definitions from Amendment to Rights Agreement

THIS AMENDMENT (the Rights Amendment) is entered into as of the 9th day of July 2007, by and between Graphic Packaging Corporation, a Delaware corporation (f/k/a Riverwood Holding, Inc.) (the Corporation), and Wells Fargo Bank, National Association (f/k/a Wells Fargo Bank Minnesota, National Association), as Rights Agent (the Rights Agent), in order to amend the terms of that certain Rights Agreement dated as of August 7, 2003, by and between the Corporation and the Rights Agent (the Rights Agreement).

New Definitions. Section 1 of the Rights Agreement is hereby amended by inserting the following subsections at the end of Section 1: (aaa) Transaction Agreement shall mean the Transaction Agreement and Agreement and Plan of Merger dated as of July 9, 2007 (as it may be amended or supplemented from time to time), by and among the Corporation, Bluegrass Container Holdings, LLC, a Delaware limited liability Company, TPG Bluegrass IV, LP, a Delaware limited partnership, TPG Bluegrass IV-AIV 2, LP, a Delaware limited partnership, TPG Bluegrass V, LP, a Delaware limited partnership, TPG Bluegrass V-AIV 2, LP, a Delaware limited partnership, Field Holdings, Inc., a Delaware corporation, TPG FOF V-A, L.P., a Delaware limited partnership, TPG FOF V-B, L.P., a Delaware limited partnership, BCH Management, LLC, a Delaware limited liability company, New Giant Corporation, a Delaware corporation, and Giant Merger Sub, Inc., a Delaware corporation. (bbb) Merger shall have the meaning set forth in the Transaction Agreement. (ccc) Exchange shall have the meaning set forth in the Transaction Agreement. (ddd) Exempted Transaction shall have the meaning set forth in Section 1(a)(vi) of this Agreement. (eee) BCH Parties shall mean Bluegrass Container Holdings, LLC, a Delaware limited liability Company, TPG Bluegrass IV, LP, a Delaware limited partnership, TPG Bluegrass IV-AIV 2, LP, a Delaware limited partnership, TPG Bluegrass V, LP, a Delaware limited partnership, TPG Bluegrass V-AIV 2, LP, a Delaware limited partnership, Field Holdings, Inc., a Delaware corporation, TPG FOF V-A, L.P., a Delaware limited partnership, TPG FOF V-B, L.P., a Delaware limited partnership, BCH Management, LLC, a Delaware limited liability company and each owner of BCH equity interests joining the Transaction Agreement as a Seller pursuant to Section 5.13 of the Transaction Agreement. (fff) Newco shall have the meaning set forth in the Transaction Agreement. (ggg) Merger Sub shall have the meaning set forth in the Transaction Agreement. (hhh) Voting Agreement shall mean the Voting Agreement dated as of July 9, 2007 (as it may be amended or supplemented from time to time), by and among Bluegrass Container Holdings, LLC, the Corporation and certain stockholders of the Corporation.