Exhibit 10 (iv)

AMENDMENT NO. 3 TO CREDIT AGREEMENT

This AMENDMENT NO. 3 TO CREDIT AGREEMENT (this “Amendment”) is entered into as
of April 16, 2007, by and among the following: (i) AMERICAN GREETINGS
CORPORATION, an Ohio corporation (the “Company”); (ii) the Subsidiary
Guarantors, as defined in the Credit Agreement referred to below; (iii) the
Lenders, as defined in the Credit Agreement, signatory hereto; and (iv) NATIONAL
CITY BANK, as Global Agent, as defined in the Credit Agreement.

RECITALS:

A. The Company has entered into the Credit Agreement, dated as of April 4, 2006
(as amended and as the same may from time to time be further amended, restated,
supplemented or otherwise modified, the “Credit Agreement”), with the Foreign
Subsidiary Borrowers (as defined therein) from time to time party thereto, the
lenders from time to time party thereto (herein, together with their respective
successors and assigns, collectively, the “Lenders”), National City Bank, as the
Global Agent, joint lead arranger, joint bookrunner, Swing Line Lender and LC
Issuer, UBS Securities LLC, as joint lead arranger, joint bookrunner and
Syndication Agent, and KeyBank National Association, JPMorgan Chase Bank, N.A.,
and LaSalle Bank National Association, as Co-Documentation Agents.

B. The Company has requested the Global Agent and the Term Lenders agree to
amend certain provisions of the Credit Agreement, as set forth herein.

C. The Global Agent and the Lenders signatory hereto are willing to agree to
such amendments pursuant to the terms and subject to the conditions set forth
herein.

AGREEMENT:

In consideration of the premises and mutual covenants herein and for other
valuable consideration, the parties hereto agree as follows:

Section 1. Definitions. Unless otherwise defined herein, each capitalized term
used in this Amendment and not defined herein shall have such meaning ascribed
to it in the Credit Agreement.

Section 2. Amendment. Section 2.16(b) of the Credit Agreement is hereby amended
and restated as follows:

(b) Scheduled Repayments of Term Loans. The principal amount of the Term Loans
outstanding shall be payable by the Company in equal quarterly installments each
in an amount equal to 0.25% times the aggregate principal amount of all Term
Loans outstanding on the second anniversary of the Closing Date, commencing on
June 30, 2008 and continuing on the last day of each September, December, March
and June thereafter, provided that the payment due on the Term Loan Maturity
Date shall in any event be in the amount of the entire remaining principal
amount of the outstanding Term Loans (each such repayment, as the same may be
reduced by reason of the application of prepayments pursuant to Section 2.16(c),
a “Scheduled Repayment”).

Section 3. Effectiveness. The amendments set forth above shall become effective
as of the date hereof, if on or before the date hereof, this Amendment shall
have been executed by the Company, the Subsidiary Guarantors, the Term Lenders
and the Global Agent, and counterparts hereof as so executed shall have been
delivered to the Global Agent.

--------------------------------------------------------------------------------

Upon the satisfaction of the foregoing condition precedent, this Amendment shall
be binding upon and inure to the benefit of the Company, each Lender and the
Global Agent and their respective permitted successors and assigns. After this
Amendment becomes effective, the Global Agent shall furnish a copy of this
Amendment to each Lender and the Company.

Section 4. Miscellaneous.

4.1 Representations and Warranties.

(a) Each Credit Party, by signing below, hereby represents and warrants to the
Global Agent and the Lenders that:

(i) such Credit Party has the legal power and authority to execute and deliver
this Amendment;

(ii) the officers executing this Amendment on behalf of such Credit Party have
been duly authorized to execute and deliver the same and bind such Credit Party
with respect to the provisions hereof;

(iii) the execution and delivery hereof by such Credit Party and the performance
and observance by such Credit Party of the provisions hereof do not violate or
conflict with the Organizational Documents of such Credit Party or any law
applicable to such Credit Party or result in a breach of any provision of or
constitute a default under any other agreement, instrument or document binding
upon or enforceable against such Credit Party;

(iv) no Default or Event of Default exists under the Credit Agreement, nor will
any occur immediately after the execution and delivery of this Amendment or by
the performance or observance of any provision hereof; and

(v) upon the execution and delivery of this Amendment by such Credit Party, this
Amendment shall constitute a valid and binding obligation of such Credit Party
in every respect, enforceable in accordance with its terms, except as the
enforceability thereof may be limited by bankruptcy, insolvency or other similar
laws of general application affecting the enforcement of creditors’ rights or by
general principles of equity limiting the availability of equitable remedies.

(b) The Company, by signing below, hereby represents and warrants to the Global
Agent and the Lenders that each of the representations and warranties set forth
in Article V of the Credit Agreement is true and correct in all material
respects as of the date hereof, except to the extent that any thereof expressly
relate to an earlier date.

4.2 Waiver of Claims. Each Credit Party hereby waives and releases the Global
Agent, the Collateral Agent, and each of the Lenders and their respective
directors, officers, employees, attorneys, affiliates and subsidiaries from any
and all claims, offsets, defenses and counterclaims of which any Credit Party is
aware arising out of or relating to the Credit Agreement and/or the other Loan
Documents, such waiver and release being with full knowledge and understanding
of the circumstances and effect thereof and after having consulted legal counsel
with respect thereto.

4.3 Expenses. As provided in the Credit Agreement, but without limiting any
terms or provisions thereof, the Company agrees to pay on demand all reasonable
costs and expenses incurred by the Global Agent in connection with the
preparation, negotiation, and execution of this Amendment, including without
limitation the reasonable costs and fees of the Global Agent’s special legal
counsel,

 

-2-

--------------------------------------------------------------------------------

regardless of whether this Amendment becomes effective in accordance with the
terms hereof, and all costs and expenses incurred by the Global Agent, the
Collateral Agent or any Lender in connection with the enforcement or
preservation of any rights under the Credit Agreement, as amended hereby.

4.4 Agreements Unaffected. Each reference to the Credit Agreement herein or in
any other Loan Document shall hereafter be construed as a reference to the
Credit Agreement as amended hereby. Except as herein otherwise specifically
provided, all provisions of the Credit Agreement shall remain in full force and
effect and be unaffected hereby. This Amendment is a Loan Document.

4.5 Entire Agreement. This Amendment, together with the Credit Agreement and the
other Loan Documents, integrates all the terms and conditions mentioned herein
or incidental hereto and supersedes all oral representations and negotiations
and prior writings with respect to the subject matter hereof.

4.6 Counterparts. This Amendment may be executed in any number of counterparts
and by different parties hereto in separate counterparts and may be delivered by
facsimile or electronic transmission, each of which when so executed and
delivered shall be deemed to be an original and all of which taken together
shall constitute but one and the same agreement.

4.7 Governing Law. THIS AMENDMENT AND THE OTHER LOAN DOCUMENTS AND THE RIGHTS
AND OBLIGATIONS OF THE PARTIES HEREUNDER AND THEREUNDER SHALL BE CONSTRUED IN
ACCORDANCE WITH AND BE GOVERNED BY THE LAW OF THE STATE OF NEW YORK. TO THE
FULLEST EXTENT PERMITTED BY LAW, EACH CREDIT PARTY HEREBY UNCONDITIONALLY AND
IRREVOCABLY WAIVES ANY CLAIM TO ASSERT THAT THE LAW OF ANY JURISDICTION OTHER
THAN THE STATE OF NEW YORK GOVERNS THIS AMENDMENT OR ANY OF THE OTHER LOAN
DOCUMENTS.

4.8 JURY TRIAL WAIVER. EACH OF THE PARTIES TO THIS AMENDMENT HEREBY IRREVOCABLY
WAIVES ALL RIGHT TO A TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM
ARISING OUT OF OR RELATING TO THIS AMENDMENT OR ANY OF THE OTHER LOAN DOCUMENTS
(INCLUDING, WITHOUT LIMITATION, ANY AMENDMENTS, WAIVERS OR OTHER MODIFICATIONS
RELATING TO ANY OF THE FOREGOING), OR THE TRANSACTIONS CONTEMPLATED HEREBY OR
THEREBY.

[Signature pages follow.]

 

-3-

--------------------------------------------------------------------------------

IN WITNESS WHEREOF, this Amendment has been duly executed and delivered as of
the date first above written.

 

AMERICAN GREETINGS CORPORATION

By:

 

/s/ Gregory M. Steinberg

 

Name: Gregory M. Steinberg

 

Title: Treasurer

AGC, INC.

A.G.C. INVESTMENTS, INC.

A.G. EUROPE, INC.

A.G. INDUSTRIES, INC.

A.G. (UK), INC.

CARLTON CARDS RETAIL, INC.

CLOUDCO, INC.

CREATACARD, INC.

CREATACARD INTERNATIONAL

        LEASING, INC.

CUSTOM HOLDINGS, INC.

JOHN SANDS (AUSTRALIA) LTD.

JOHN SANDS (N.Z.) LTD.

JOHN SANDS HOLDING CORP.

MEMPHIS PROPERTY CORPORATION

PLUS MARK, INC.

QUALITY GREETING CARD

        DISTRIBUTING COMPANY, INC.

THOSE CHARACTERS FROM

        CLEVELAND, INC.

By:

 

/s/ Gregory M. Steinberg

 

Name: Gregory M. Steinberg

 

Title: Treasurer

AGCM, INC.

AG.COM, INC.

EGREETINGS NETWORK, INC.

MIDIRINGTONES, LLC

AG INTERACTIVE, INC.

By:

 

/s/ Gregory M. Steinberg

 

Name: Gregory M. Steinberg

 

Title: Treasurer

AGC HOLDINGS, INC.

By:

 

/s/ Gregory M. Steinberg

 

Name: Gregory M. Steinberg

 

Title: Treasurer

 

-4-

--------------------------------------------------------------------------------

NATIONAL CITY BANK,

as the Global Agent, the Collateral Agent, the Swing Line Lender, a LC Issuer,
and a Lender

By:

 

/s/ Robert S. Coleman

 

Name: Robert S. Coleman

 

Title: Senior Vice President

 

-5-

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

Name of Institution:   The Northern Trust Company

          By:   /s/ Jeffrey P. Sullivan             Name: Jeffrey P. Sullivan  
          Title: Vice President

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:              North Fork Business Capital Corporation      
By:   

/s/ Perry Vavoules

               Name:    Perry Vavoules                Title:      Executive Vice
President   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:              HSBC Bank USA National Association       By:
  

/s/ Robert J. McArdle

               Name:    Robert J. McArdle                Title:      Vice
President   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:              PNC Bank, National Association       By:   

/s/ Joseph G. Moran

               Name:    Joseph G. Moran                Title:      Managing
Director   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:              Scotiabnac Inc.       By:   

/s/ William E. Zarrett

               Name:    William E. Zarrett                Title:      Managing
Director   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:              Keybank National Association       By:   

/s/ Marianne T. Meil

               Name:    Marianne T. Meil                Title:      Senior Vice
President   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:              MetLife Bank, National Association       By:
  

/s/ Matthew J. McInerny

               Name:    Matthew J. McInerny                Title:      Director
  

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:              Light Point CLO 2004-1, Ltd.       By:   

/s/ Colin Donlan

               Name:    Colin Donlan                Title:      Director   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:              LaSalle Bank National Association       By:   

/s/ John D. Barrett

               Name:    John D. Barrett                Title:      Senior Vice
President   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:              DZ Bank AG       By:   

/s/ Paul Fitzpatrick

               Name:    Paul Fitzpatrick                Title:      Vice
President       By:   

/s/ James Kyprios

               Name:    James Kyprios                Title:      Vice President
  

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:              ACA CLO 2006 – 1 Limited       By:   

/s/ Vincent Ingato

               Name:    Vincent Ingato                Title:      Managing
Director   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:              The Bank of New York       By:   

/s/ Kenneth R. McDonnell

               Name:    Kenneth R. McDonnell                Title:      Vice
President   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:              U.S. Bank National Association       By:   

/s/ Barry P. Litwin

               Name:    Barry P. Litwin                Title:      Senior Vice
President   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:             Erste Bank      By:   

/s/ Paul Judicke

                Name:    Paul Judicke                 Title:      Director     
By:   

/s/ Bryan J. Lynch

                Name:    Bryan J. Lynch                 Title:      First Vice
President   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:      

      Eaton Vance Institution Senior Loan Fund by:

      Eaton Vance Management As Investment Advisor

     By:   

/s/ Michael B. Botthof

                Name:    Michael B. Botthof                 Title:      Vice
President   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:      

      Grayson & Co. by: Boston Management

      And Research As Investment Advisor

     By:   

/s/ Michael B. Botthof

              Name:    Michael B. Botthof               Title:      Vice
President   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:             UBS AG, Stamford Branch      By:   

/s/ Douglas Gervaillo

              Name:    Douglas Gervaillo        

      Title:      Associate Director, Banking Products

                     Services, US

  By:   

/s/ Toba Lumbantobing

              Name:    Toba Lumbantobing        

      Title:      Associate Director, Banking Products

                     Services, US

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:             The Governor & Company of the Bank of Ireland
     By:   

/s/ Mary Gaffney

                Name:    Mary Gaffney                 Title:      Authorized
Signatory      By:   

/s/ Noelle McGrath

                Name:    Noelle McGrath                 Title:      Authorized
Signatory   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

    Name of Institution:         The Bank of Tokyo-Mitsubishi UFJ, Ltd., Chicago
Branch      By:   

/s/ Masakazu Sato

                Name:    Masakazu Sato                 Title:      Deputy
General Manager   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:             PB Capital Corporation      By:   

/s/ Ronni J. Leopold

                Name:    Ronnie J. Leopold                 Title:      Vice
President      By:   

/s/ Kevin M. Higgins

                Name:      Kevin M. Higgins        
        Title:      Assistant Vice President   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:      

      Venture CDO 2002, Limited By its investment

advisor, MJX Asset Management LLC

     By:   

/s/ Atha Baugh

                Name:    Atha Baugh                 Title:   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:       

Venture II CDO 2002, Limited

By its investment advisor, MJX Asset

Management LLC

      By:   

/s/ Atha Baugh

                 Name:    Atha Baugh                  Title:   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:       

Venture III CDO Limited

By its investment advisor, MJX Asset

Management LLC

      By:   

/s/ Atha Baugh

                 Name:    Atha Baugh                  Title:   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:       

Venture IV CDO Limited

By its investment advisor, MJX Asset

Management LLC

      By:   

/s/ Atha Baugh

                 Name:    Atha Baugh                  Title:   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:       

Venture V CDO Limited

By its investment advisor, MJX Asset

Management LLC

      By:   

/s/ Atha Baugh

                 Name:    Atha Baugh                  Title:   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:       

Venture VI CDO Limited

By its investment advisor,

MJX Asset Management LLC

      By:   

/s/ Atha Baugh

                 Name:    Atha Baugh                  Title:   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

    Name of Institution:   

Venture VII CDO Limited

By its investment advisor,

MJX Asset Management LLC

      By:   

/s/ Atha Baugh

                 Name:    Atha Baugh                  Title:   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:       

      Vista Leveraged Income Fund

By its investment advisor,

MJX Asset Management LLC

      By:   

/s/ Atha Baugh

                 Name:    Atha Baugh                  Title:   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:             Venture VIII Warehouse      By:   

/s/ Atha Baugh

                Name:    Atha Baugh                 Title:   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:             Mizuho Corporate Bank, Ltd.      By:   

/s/ Raymond Ventura

                Name:    Raymond Ventura                 Title:      Deputy
General Manager   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:      

      The Sumitomo Trust and Banking Co., Ltd.,

      New York Branch

     By:   

/s/ Elizabeth A. Quirk

                Name:    Elizabeth A. Quirk                 Title:      Vice
President   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:      

      Black Rock Floating Rate Income

      Strategies Fund, Inc.

     By:   

/s/ AnnMarie Smith

                Name:    AnnMarie Smith                 Title:      Authorized
Signatory   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:             BLF Warehouse I, Ltd.      By:   

/s/ Andrew D. Gordon

                Name:    Andrew D. Gordon                 Title:      Senor
Portfolio Manager   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:      

      Bayerische Hypo-und Vereinsbank AG

      New York Branch

     By:  

/s/ Ken Hamilton            /s/ Richard Cordover

         Name:    Ken Hamilton          Richard Cordover     
    Title:      Director                   Director   

--------------------------------------------------------------------------------

Signature Page

to

Amendment No. 3 to Credit Agreement

by and among American Greetings Corporation, the Subsidiary Guarantors,

National City Bank, as the Global Agent, and

the Lenders party thereto

 

 

 

Name of Institution:             Cape Breton Loan Fund      By:   

/s/ Neam Ahmed

                Name:    Neam Ahmed                 Title:      Authorized
Signatory