Exhibit 10(iii)

AMENDMENT NO. 2 TO CREDIT AGREEMENT

This AMENDMENT NO. 2 TO CREDIT AGREEMENT (this “Amendment”) is entered into as
of February 26, 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 the same may from time to time be 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. Amendments.

2.1     Amendment to Term Loan Availability Period. The definition of “Term Loan
Availability Period” set forth in Section 1.01 of the Credit Agreement is hereby
amended and restated as follows:

“Term Loan Availability Period” means the period from the Closing Date until the
second anniversary of the Closing Date.

2.2     Amendment to Term Commitment Fees. Section 2.14(a)(ii) of the Credit
Agreement is hereby amended and restated as follows:

(ii) The Company agrees to pay to the Global Agent, for the ratable benefit of
each Non-Defaulting Lender that is a Term Lender as consideration for the Term
Commitment, commitment fees (the “Term Commitment Fees”) based upon such
Lender’s Term Loan Percentage of the Total Term Loan Commitment in effect on
each day, during the Term Loan Availability Period, computed for each day at a
rate per

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annum equal to (A) 0.75% times (B) the Unutilized Total Term Commitment in
effect on such day.

Section 3. Decrease in Commitment; Reallocation; Amendment to Schedule 1.

3.1     Decrease in Term Commitments. The Global Agent and the Term Lenders
acknowledge that in accordance with Section 2.15(c) of the Credit Agreement, the
Company has provided notice of a reduction of the Term Commitments from an
aggregate amount of $300,000,000 to $100,000,000, with such reduction to be
effective as of the date of this Amendment.

3.2     Reallocation. Concurrently herewith the Term Lenders have agreed to
reallocate their respective Term Commitments such that the Term Commitments from
and after the date hereof shall be as set forth on Schedule 1 to the Credit
Agreement as amended and attached to this Amendment as Schedule 1, and the
Company and the Subsidiary Guarantors hereby consent to such reallocation.

3.3     Amendment to Schedule 1. In connection with the foregoing decrease in
the Term Commitments and the above referenced reallocation of Term Commitments,
and after giving effect thereto, Schedule 1 to the Credit Agreement is hereby
replaced with Schedule 1 attached hereto.

Section 4. Effectiveness. The amendments and reallocation set forth above shall
become effective as of the date hereof, if on or before the date hereof, the
following conditions precedent have been satisfied:

(a)        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;

(b)        the Company shall have executed and delivered to the Global Agent and
the Term Lenders such replacement or additional Term Notes as shall be required
by the Global Agent to evidence the Term Commitment allocations set forth on
Schedule 1 hereto;

(c)        the Company shall have executed and delivered to the Global Agent the
fee letter dated as of February 26, 2007 and paid the fees set forth therein;
and

(d)        the Company shall have executed and delivered to the Global Agent
such other agreements, instruments and other documents as the Global Agent may
reasonably request.

Upon the satisfaction of the foregoing conditions 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 5. Miscellaneous.

5.1     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;

 

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(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.

5.2     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.

5.3     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, 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.

5.4     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.

5.5     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.

 

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5.6     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.

5.7     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.

5.8     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.]

 

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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.

GIBSON GREETINGS, INC.

JOHN SANDS (AUSTRALIA) LTD.

JOHN SANDS (N.Z.) LTD.

JOHN SANDS HOLDING CORP.

LEARNING HORIZONS, INC.

MEMPHIS PROPERTY CORPORATION

PLUS MARK, INC.

QUALITY GREETING CARD

DISTRIBUTING COMPANY, INC.

THOSE CHARACTERS FROM

CLEVELAND, INC.

AG INTERACTIVE, INC.

By:

 

/s/ Gregory M. Steinberg

 

Name: Gregory M. Steinberg

 

Title:   Treasurer

AGCM, INC.

AG.COM, INC.

EGREETINGS NETWORK, INC.

MIDIRINGTONES, LLC

By:

 

/s/ Gregory M. Steinberg

 

Name: Gregory M. Steinberg

 

Title:   Treasurer

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AGC HOLDINGS, INC.

By:

 

/s/ Gregory M. Steinberg

 

Name: Gregory M. Steinberg

 

Title:   Treasurer

NATIONAL CITY BANK,

as the Global Agent, the Collateral Agent, the Swing

    Line Lender, a LC Issuer, and a Lender

By:

 

/s/ Patrick M. Pastore

   

Name: Patrick M. Pastore

   

Title:   Executive Vice President

 

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Signature Page

to

Amendment No. 2 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/ Carla Ryan

       

Name: Carla Ryan

       

Title:   Associate Director

     

By:

 

/s/ Noelle McGrath

       

Name: Noelle McGrath

       

Title:   Manager

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Signature Page

to

Amendment No. 2 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

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Signature Page

to

Amendment No. 2 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

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Signature Page

to

Amendment No. 2 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/ Craig P.

       

Name: Craig P.

       

Title:   Vice President

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Signature Page

to

Amendment No. 2 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 Institutional Senior Loan Fund

     

By:

 

Eaton Vance Management

As Investment Advisor

     

By:

 

/s/ Craig P.

       

Name: Craig P.

       

Title:   Vice President

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Signature Page

to

Amendment No. 2 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/ Richard Cordover

       

Name: Richard Cordover

       

Title:   Director

     

By:

 

/s/ Betsy Hudson

       

Name: Betsy Hudson

       

Title:   Loan Specialist

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Signature Page

to

Amendment No. 2 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:    

LATITUDE CLO IL LTD

     

By:

 

/s/ Kirk Wallace

       

Name: Kirk Wallace

       

Title:   Senior Vice President

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Signature Page

to

Amendment No. 2 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 & Banking Co., Ltd.

New York Branch

     

By:

 

/s/ Elizabeth A. Quirk

       

Name: Elizabeth A. Quirk

       

Title:   Vice President

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Signature Page

to

Amendment No. 2 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 N.A.

     

By:

 

/s/ Michael P. Dickman

       

Name: Michael P. Dickman

       

Title:   Vice President

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Signature Page

to

Amendment No. 2 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 Gervolino

       

Name:

 

Douglas Gervolino

       

Title:

 

Associate Director

Banking Products Services, US

     

By:

 

/s/ Toba Lumbantobing

         

Name:

 

Toba Lumbantobing

         

Title:

 

Associate Director

           

Banking Products Services, US

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Signature Page

to

Amendment No. 2 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:    

LightPoint CLO 2004-1, Ltd.

     

By:

 

/s/ Colin Donlan

       

Name: Colin Donlan

       

Title:   Director

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Signature Page

to

Amendment No. 2 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

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Signature Page

to

Amendment No. 2 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:   Assistant Vice President

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Signature Page

to

Amendment No. 2 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

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Signature Page

to

Amendment No. 2 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:    

AIB Debt Management Limited

     

By:

 

/s/ Roisin O’Connell

       

Name:

 

Roisin O’Connell

       

Title:

 

Vice President

Investment Advisor to

AIB Debt Management, Limited

     

By:

 

/s/ Joseph Augustini

       

Name:

 

Joseph Augustini

       

Title:

 

Senior Vice President

Investment Advisor to

AIB Debt Management, Limited

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Signature Page

to

Amendment No. 2 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

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Signature Page

to

Amendment No. 2 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/ Brian H. Gallagher

       

Name:

 

Brian H. Gallagher

       

Title:

 

Vice President

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Signature Page

to

Amendment No. 2 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:    

GANNETT PEAK CLO I, LTD.

   

By McDonnell Investment Management, LLC, as

Investment Manager

     

By:

 

/s/ Kathleen A. Zann

       

Name:

 

Kathleen A. Zann

       

Title:

 

Vice President

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Signature Page

to

Amendment No. 2 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/ Steve Goetschius

       

Name:

 

Steve Goetschius

       

Title:

 

Senior Vice President

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Signature Page

to

Amendment No. 2 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:    

Grand Central Asset Trust, EAP Series

     

By:

 

/s/ Roy Hykal

       

Name:

 

Roy Hykal

       

Title:

 

Attorney-in-fact

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Signature Page

to

Amendment No. 2 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:    

Grand Central Asset Trust, ECL Series

     

By:

 

/s/ Roy Hykal

       

Name:

 

Roy Hykal

       

Title:

 

Attorney-in-fact

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Signature Page

to

Amendment No. 2 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

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Signature Page

to

Amendment No. 2 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:    

SHASTA CLO I

     

By:

 

/s/ John M. Casparian

       

Name:

 

John M. Casparian

       

Title:

 

Senior Managing Director

         

Churchill Pacific Asset Management LLC

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Signature Page

to

Amendment No. 2 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:    

SIERRA CLO II

     

By:

 

/s/ John M. Casparian

       

Name:

 

John M. Casparian

       

Title:

 

Senior Managing Director

         

Churchill Pacific Asset Management LLC

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Signature Page

to

Amendment No. 2 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:

 

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Signature Page

to

Amendment No. 2 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:

 

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Signature Page

to

Amendment No. 2 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:

 

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Signature Page

to

Amendment No. 2 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:

           

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Signature Page

to

Amendment No. 2 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:

 

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Signature Page

to

Amendment No. 2 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:

 

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Signature Page

to

Amendment No. 2 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:

 

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Signature Page

to

Amendment No. 2 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:

 

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Signature Page

to

Amendment No. 2 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:    

BLUE SHIELD OF CALIFORNIA

     

By:

 

/s/ Alex Guang Yu

       

Name:

 

Alex Guang Yu

       

Title:

 

Authorized Signatory

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Signature Page

to

Amendment No. 2 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:    

FRANKLIN CLO V, LTD

     

By:

 

/s/ Alex Guang Yu

       

Name:

 

Alex Guang Yu

       

Title:

 

Authorized Signatory

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Signature Page

to

Amendment No. 2 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:    

FRANKLIN FLOATING RATE

   

DAILY ACCESS FUND

     

By:

 

/s/ Richard Hsu

       

Name:

 

Richard Hsu

       

Title:

 

Vice President

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

Signature Page

to

Amendment No. 2 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:    

Franklin Floating Rate Master Series

     

By:

 

/s/ Richard Hsu

       

Name:

 

Richard Hsu

       

Title:

 

Vice President

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

Signature Page

to

Amendment No. 2 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:    

Eagle Master Fund ltd.

   

By: Citigroup Alternative Investments LLC,

As Investment Manager for and on behalf of

Eagle Master Fund Ltd.

     

By:

 

/s/ Maura Connor

       

Name:

 

Maura Connor

       

Title:

 

VP

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

Signature Page

to

Amendment No. 2 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:    

LMP Corporate Loan Fund, Inc.

   

(f/k/a Citigroup Investments Corporate Loan Fund, Inc.)

By: Citigroup Alternative Investments LLC

     

By:

 

/s/ Maura Connor

       

Name:

 

Maura Connor

       

Title:

 

VP

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

Signature Page

to

Amendment No. 2 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. 2 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:    

SCOTIABANC INC.

     

By:

 

/s/ William E. Zarrett

       

Name:

 

William E. Zarrett

       

Title:

 

Managing Director

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

Signature Page

to

Amendment No. 2 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:

 

Ronni J. Leopold

       

Title:

 

Vice President

     

By:

 

/s/ Kevin M. Higgins

       

Name:

 

Kevin M. Higgins

       

Title:

 

Assistant Vice President

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

Signature Page

to

Amendment No. 2 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:    

Denali Capital LLC, managing member of

DC Funding Partners LLC, portfolio manager for

DENALI CAPITAL CLO V, LTD., or an affiliate

     

By:

 

/s/ Cooper

       

Name:

 

Cooper

       

Title:

 

Managing Director

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

Signature Page

to

Amendment No. 2 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:    

Denali Capital LLC, managing member of

DC Funding Partners LLC, portfolio manager for

DENALI CAPITAL CLO VI, LTD., or an affiliate

     

By:

 

/s/ Cooper

       

Name:

 

Cooper

       

Title:

 

Managing Director

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

Signature Page

to

Amendment No. 2 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:

 

Executive Director

     

By:

 

/s/ John Fay

       

Name:

 

John Fay

       

Title:

 

Executive Director

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

Signature Page

to

Amendment No. 2 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

     

By:

 

/s/ Wendy Cheung

       

Name:

 

Wendy Cheung

       

Title:

 

Authorized Signatory

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

Signature Page

to

Amendment No. 2 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. 2 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:    

BABSON CLO LTD. 2006-II

   

By: Babson Capital management LLC as Collateral Manager

     

By:

 

/s/ Dongbing Hu

       

Name:

 

DONGBING HU

       

Title:

 

Associate Director

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

Signature Page

to

Amendment No. 2 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

Deutsche Zentralgenossenschaftsbank

Frankfurt am Main

     

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. 2 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:    

Galaxy VI CLO, Ltd

By: AIG Global Investment Corp.,

Its Collateral Manager

     

By:

 

/s/ Chang W. Chung

       

Name:

 

Chang W. Chung

       

Title:

 

Vice President

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

Signature Page

to

Amendment No. 2 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:    

SunAmerica Life Insurance Company

By: AIG Global Investment Corp.,

Its Investment Adviser

     

By:

 

/s/ Chang W. Chung

       

Name:

 

Chang W. Chung

       

Title:

 

Vice President

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

Signature Page

to

Amendment No. 2 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:    

KZH SOLEIL-2 LLC

     

By:

 

/s/ Wai Kee Lee

       

Name:

 

Wai Kee Lee

       

Title:

 

Authorized Agent