exv4w7w5






EXHIBIT 4.7.5



The taking of this document or any certified copy of it or any other document which constitutes
substitute documentation for it, or any document which includes written confirmations or references
to it, into Austria as well as printing out any e-mail communication which refers to this document
in Austria or sending any e-mail communication to which a pdf scan of this document is attached to
an Austrian addressee or sending any e-mail communication carrying an electronic or digital
signature which refers to this document to an Austrian addressee may cause the imposition of
Austrian stamp duty. Accordingly, keep the original document as well as all certified copies
thereof and written and signed references to it outside of Austria and avoid printing out any
e-mail communication which refers to this document in Austria or sending any e-mail communication
to which a pdf scan of this document is attached to an Austrian addressee or sending any e-mail
communication carrying an electronic or digital signature which refers to this document to an
Austrian addressee.




Fifth Joinder to the Registration Rights Agreement




     With respect to the Registration Rights Agreement, (the “Registration Rights Agreement”) dated
as of November 5, 2009, among Reynolds Group Issuer LLC, a Delaware limited liability company (the
“US Issuer I”), Reynolds Group Issuer Inc., a Delaware corporation (the “US Issuer II”), Reynolds
Group Issuer (Luxembourg) S.A., a société anonyme (limited liability company) organized under the
laws of Luxembourg (the “Luxembourg Issuer” and, together with US Issuer I and US Issuer II, the
“Issuers”), the Closing Date Guarantors and Credit Suisse Securities (USA) LLC, as representative
of the Initial Purchasers, for good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, each of the signatories hereto (i) hereby agrees to become a party to
the Registration Rights Agreement as a Guarantor with the same force and effect as if originally
named a Closing Date Guarantor therein and (ii) without limiting the generality of the foregoing,
assumes all of the rights and obligations of the Guarantors under the Registration Rights
Agreement, in each case, as of the time of delivery of this Joinder on March 4, 2010, as though it
had entered into the Registration Rights Agreement on November 5, 2009. The obligations assumed by
the Guarantors under this Joinder shall be joint and several obligations. Capitalized terms used
but not defined in this Joinder shall have the meanings given to such terms in the Registration
Rights Agreement.



 









 




IN WITNESS WHEREOF, the parties hereto have executed this agreement this 4th day of March 2010.




	 	 	 	 	 
	 	SIG COMBIBLOC GMBH (AUSTRIA)

 	 
	 	By  	/s/ Cindi Lefari
 	 
	 	 	Name:  	Cindi Lefari 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	 	 
	 	By  	                                                          /s/ Helen Golding
 	 
	 	 	Name:  	Helen Golding 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	SIG COMBIBLOC GMBH & CO KG (AUSTRIA)

represented by its general partner SIG COMBIBLOC GMBH
 	 
	 	By  	/s/ Cindi Lefari
 	 
	 	 	Name:  	Cindi Lefari 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	 	 
	 	By  	                                                         /s/ Helen Golding
 	 
	 	 	Name:  	Helen Golding 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	SIG AUSTRIA HOLDING GMBH

 	 
	 	By  	/s/ Cindi Lefari
 	 
	 	 	Name:  	Cindi Lefari 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	 	 
	 	By  	                                                          /s/ Philip West
 	 
	 	 	Name:  	Philip West 	 
	 	 	Title:  	Authorized Signatory 	 
	 



Fifth Joinder to the Registration Rights Agreement