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                                                                 EXHIBIT 10.2(d)


                         EMPLOYMENT AGREEMENT EXTENSION


         This Employment Agreement Extension by and between OUTLOOK GROUP CORP.,
a Wisconsin corporation (the "Employer"), and Joseph J. Baksha (the "Employee")
is made as of the 1st day of June, 2001. Reference is made to the Employment
Agreement, made the 18th day of August, 1999, by and between Employer and
Employee (the "Employment Agreement"). A copy of the Employment Agreement is
attached hereto for convenient reference.

         EMPLOYER AND EMPLOYEE AGREE, for the consideration of the mutual
promises and agreements hereinafter set forth, as follows:

         1.       EXTENSION. The Employer and the Employee hereby agree and
                  confirm that the Employment Agreement is hereby extended for a
                  period of two years, until May 31, 2003, and is renewable by
                  mutual consent on or before June 1, 2003.

         2.       COMPENSATION. Employer agrees to pay Employee during the term
                  of this Agreement, a compensation consisting of a salary,
                  along with an incentive earnings opportunity, also to be
                  determined annually, as provided in "Exhibit A," attached,
                  which is a part of this Agreement.

                  All compensation shall be subject to the customary withholding
                  tax and other employment taxes as required with respect to
                  compensation paid by a corporation to an employee. Employee
                  shall not be entitled to any other compensation except as
                  expressly provided for in this Agreement, or as provided for
                  by the Compensation Committee of the Board of Directors.

         3.       EMPLOYER INITIATED TERMINATION. For purposes of determining an
                  "Employer initiated termination" under Section 4 of the
                  Employment Agreement, such term shall include, without
                  limitation, a failure of the Employer to offer a renewal on or
                  before June 1, 2003 on terms at least substantially similar to
                  the terms hereof.

         4.       CHANGE IN CONTROL. "Change in control" as used in the
                  Employment Agreement shall mean a "change in control" as
                  defined in the Outlook Group Corp. 1999 Stock Option Plan.

         5.       OTHER PROVISIONS NOT MODIFIED. Except as modified hereby, the
                  other terms and conditions of the Employment Agreement remain
                  in full force and effect as provided therein.



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         IN WITNESS WHEREOF, the parties have executed this Employment Agreement
Extension on the date first above written and by so executing, the parties
acknowledge that they have read and fully understand all the terms and
conditions included in this Extension and acknowledge receipt of an executed
copy of this Extension.


EMPLOYEE:                                      OUTLOOK GROUP CORP.:

                                               By:
-----------------------------                     ------------------------------
Joseph J. Baksha                               Richard C. Fischer, Chairman



Enclosures: Exhibit "A" and the Employment Agreement.


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                                   EXHIBIT "A"


                 TO EMPLOYMENT AGREEMENT (AS EXTENDED) BETWEEN|
                             OUTLOOK GROUP CORP. AND
                                JOSEPH J. BAKSHA
                             EFFECTIVE JUNE 1, 2001


COMPENSATION

1.       SALARY EFFECTIVE JUNE 1, 2001

         Employer agrees to pay Employee bi-weekly salary shall continue as
         $8,653.85 each two (2 ) weeks ($225,000 per year equivalent) on its
         regular payroll. That salary will be in effect each of fiscal 2002 and
         fiscal 2003, unless modified by mutual agreement of the Employee and
         the Employer.

2.       INCENTIVE EARNINGS OPPORTUNITY

         EBIT Level                         Incentive

         $0 to $2,500,000                   None
         $2,500,001 to above                5% of the amount over $2,500,000

         This is a quarterly program that is annualized. Payments will be made
         quarterly with the fourth quarter distribution subject to the year end
         audit. Annual plan payment is maximized at 75% of participant's salary.
         This incentive payment opportunity shall be in effect in each of fiscal
         2002 and 2003.

3.       CAR ALLOWANCE

         Monthly reimbursement rate is set at $850, which includes all auto
         related expenses including gas.


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