Document:

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                        AMENDMENT TO EMPLOYMENT AGREEMENT

          This Amendment, dated as of February 17, 2002 (this "Amendment"), to
the Employment Agreement, dated as of February 17, 1999 (the "Agreement"), is
entered into between AptarGroup, Inc., a Delaware corporation (the "Company"),
and Emil Meshberg (the "Executive").

          WHEREAS, the Company and the Executive desire to amend the Agreement
(i) to extend the term of the Agreement as provided herein and (ii) to modify
certain other terms of the Agreement as provided herein;

          NOW, THEREFORE, in consideration of the mutual promises contained
herein and other valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the Company and the Executive hereby agree as follows:

          1. Section 1 of the Agreement is amended by deleting the second
sentence thereof and substituting therefor the following two sentences:

          "The term of employment of the Executive by the Company pursuant to
          this Agreement shall commence on the Effective Date and shall end on
          the third anniversary of the Effective Date, unless earlier terminated
          pursuant to Section 4 hereof; provided that the term of this Agreement
          shall be extended automatically for one additional year as of each
          anniversary of the Effective Date, commencing with the third
          anniversary of the Effective Date, unless earlier terminated pursuant
          to Section 4 hereof or unless not later than six months prior to any
          such renewal date either the Company or the Executive gives written
          notice to the other that the term of this Agreement shall not be so
          extended. The initial three-year term of this Agreement and any
          extension of such initial three-year term pursuant to this Section 1
          shall be referred to herein as the "Employment Period."

          2. The first sentence of Section 3(a) of the Agreement is amended by
adding the following at the end thereof:

          ", and, commencing as of January 1, 2002 at the rate of $324,000 per
          annum."

          3. Section 3(b) of the Agreement is amended to read in its entirety as
follows:

               "(b) Annual Performance Bonus. The Executive shall be eligible to
                    -------------------------
          receive an annual performance bonus payable in cash for each fiscal
          year of the Company during the Employment

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          Period. The amount of such annual performance bonus shall be
          calculated by the Company using the Emsar Annual Performance Bonus
          Plan formula."

          4. The second sentence of Section 3(e) of the Agreement is amended by
deleting therefrom the words "with coverage of $200,000 on the life of the
Executive,".

          5. Section 3(j) of the Agreement is amended by deleting therefrom the
word "four" and substituting therefor the word "five".

          6. Clause (i) of Section 4(d) of the Agreement is amended by deleting
the word "or" at the end thereof and substituting therefor the words "without
further extension or".

          7. Clause (a) of the second sentence of Section 5 of the Agreement is
amended by deleting therefrom the words "third anniversary of the Effective
Date" and substituting therefor the words "last day of the Employment Period".

          8. In all other respects, the Agreement shall not be amended and shall
remain in full force and effect.

          IN WITNESS WHEREOF, the Company and the Executive have executed this
Amendment as of the date first above written.

                                            APTARGROUP, INC.

                                            By:  /s/ Stephen J. Hagge
                                                 -------------------------------

                                            EXECUTIVE

                                            /s/ Emil Meshberg
                                            ------------------------------------
                                            Emil Meshberg

                                        2<PAGE>

                                                                  EXHIBIT 10.8.5

           Arthur J. Gallagher & Co. and AJG Financial Services, Inc.
                      Fifth Amendment to Credit Agreement

Harris Trust and Savings Bank                  Citibank, N.A.
Chicago, Illinois                              New York, New York

Bank of America, N.A.                          LaSalle Bank National Association
Chicago, Illinois                              Chicago, Illinois

The Northern Trust Company
Chicago, Illinois

Ladies and Gentlemen:

     This Fifth Amendment to Credit Agreement dated as of February 21, 2002
(herein, the "Amendment") is entered into by and between the undersigned, Arthur
J. Gallagher & Co, a Delaware corporation ("Gallagher"), AJG Financial Services,
Inc., a Delaware corporation ("AJG"; Gallagher and AJG being referred to herein
collectively as the "Borrowers" and individually as a "Borrower"), Citibank,
N.A., Bank of America, N.A., LaSalle Bank National Association, The Northern
Trust Company and Harris Trust and Savings Bank, individually and as Agent (the
"Agent"). Reference is hereby made to that certain Credit Agreement dated as of
September 11, 2000, as amended, between the Borrowers, the Banks and the Agent
(the "Credit Agreement"). All capitalized terms used herein without definition
shall have the same meanings herein as such terms have in the Credit Agreement.

     The Borrowers desire to modify certain financial covenants and make certain
other amendments to the Credit Agreement, and the Banks are willing to do so
under the terms and conditions set forth in this Amendment.

Section 1.  Amendments.

     Subject to the satisfaction of the conditions precedent set forth in
Section 3 below, the Credit Agreement shall be and hereby is amended as follows:

          1.1.  The definition of the term "Fixed Charge Coverage Ratio"
     appearing in Section 6.1 of the Credit Agreement shall be amended and
     restated in its entirety to read as follows:

          ""Fixed Charge Coverage Ratio" means, as of any time the same is to be
          determined, the ratio of (x) (i) EBITDAR during the four most recently
          completed fiscal quarters minus (ii) Capital Expenditures during the
          same such period minus (iii) Restricted Payments during the same such
          period to (y) the sum of (i) Interest
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          Expense during the same such four fiscal quarter period, (ii) Current
          Maturities at such time and (iii) the aggregate amount of payments
          required to be made by Gallagher and its Subsidiaries during such
          period in respect of leases or similar arrangements (including without
          limitation all payments required under operating and Capital Leases
          under which Gallagher or any Subsidiary is liable as lessee; provided,
          however, that for purposes of computing Gallagher's Fixed Charge
          Coverage Ratio for any period which includes any fiscal quarter in
          Gallagher's 2001 fiscal year, Restricted Repurchases during such
          period shall be excluded from the calculation of Restricted Payments."

          1.2. Section 9.7 of the Credit Agreement shall be amended and restated
     in its entirety to read as follows:

          "Section 9.7. Net Worth. Gallagher shall not at any time permit its
          Net Worth to be less than $275,000,000 provided, however, that after
          January 1, 2002, Gallagher shall not at any time permit its Net Worth
          to be less than $325,000,000."

          1.3. Section 9.9 of the Credit Agreement shall be amended and restated
     in its entirety to read as follows:

          "Section 9.9.  Fixed Charge Coverage Ratio. Gallagher shall, as of the
          last day of each of its fiscal quarters ending during the periods set
          forth below, maintain its Fixed Charge Coverage Ratio for the four
          fiscal quarters then ended at not less than:

                                                         Fixed Charge
                                                           Coverage
              From and               To and            Ratio shall not
              Including:           Including:           be less than:

                10/1/01             12/31/01             1.50 to 1.0
                 1/1/02              3/31/02             1.25 to 1.0
                 4/1/02       all times thereafter       1.50 to 1.0"

          1.4. Section 9.15 of the Credit Agreement shall be amended and
     restated in its entirety to read as follows:

          "Section 9.15. Capital Expenditures. The Borrowers shall not, nor
          shall they permit any Subsidiaries to, expend or become obligated for
          Capital Expenditures in an aggregate amount in excess of $35,000,000
          during any four consecutive fiscal quarters of Gallagher."

                                      -2-
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Section 2.     Waiver.

     Upon the effectiveness of this Amendment, the Required Banks waive any
Default or Event of Default related to Section 9.9 of the Credit Agreement that
existed prior to the effectiveness of this Amendment which, after giving effect
to the amendments and modifications effected by this Amendment, no longer
exists.

Section 3.     Conditions Precedent.

     The effectiveness of this Amendment is subject to the satisfaction of all
of the following conditions precedent:

          3.1. The Borrowers and the Required Banks shall have executed and
     delivered this Amendment.

          3.2. The Borrowers shall have paid to the Agent, for the ratable
     benefit of those Banks which have executed this Amendment as of the date
     hereof, an amendment fee in an amount agreed to between the Agent and the
     Borrowers.

          3.3. Legal matters incident to the execution and delivery of this
     Amendment shall be satisfactory to the Agent and its counsel.

Section 4.     Representations.

     In order to induce the Agent and the Banks to execute and deliver this
Amendment, the Borrowers hereby represent to the Agent and the Banks that as of
the date hereof the representations and warranties set forth in Section 7 of the
Credit Agreement are and shall be and remain true and correct (except that the
representations contained in Section 7.5 shall be deemed to refer to the most
recent financial statements of the Borrowers delivered to the Agent and the
Banks) and the Borrowers are in compliance with the terms and conditions of the
Credit Agreement and no Default or Event of Default (other than those being
waived pursuant to Section 2 hereof) has occurred and is continuing under the
Credit Agreement or shall result after giving effect to this Amendment.

Section 5.     Miscellaneous.

     5.1. Except as specifically amended herein, the Credit Agreement shall
continue in full force and effect in accordance with its original terms.
Reference to this specific Amendment need not be made in the Credit Agreement,
the Notes, or any other instrument or document executed in connection therewith,
or in any certificate, letter or communication issued or made pursuant to or
with respect to the Credit Agreement, any reference in any of such items to the
Credit Agreement being sufficient to refer to the Credit Agreement as amended
hereby.

     5.2. The Borrowers agree to pay on demand all costs and expenses of or
incurred by the Agent in connection with the negotiation, preparation, execution
and delivery of this Amendment, including the fees and expenses of counsel for
the Agent.

                                      -3-
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     5.3. This Amendment may be executed in any number of counterparts, and by
the different parties on different counterpart signature pages, all of which
taken together shall constitute one and the same agreement. Any of the parties
hereto may execute this Amendment by signing any such counterpart and each of
such counterparts shall for all purposes be deemed to be an original. This
Amendment shall be governed by the internal laws of the State of Illinois.

                 [Remainder of Page Intentionally Left Blank]

                                      -4-
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     This Fifth Amendment to Credit Agreement is entered into as of the date and
year first above written.

                                 Arthur J. Gallagher & Co.

                                 By /s/ JACK H. LAZZARO
                                    ---------------------------------
                                    Name:  Jack H. Lazzaro
                                          ---------------------------
                                    Title: Vice President & Treasurer
                                          ---------------------------

                                 AJG Financial Services, Inc.

                                 By /s/ JACK H. LAZZARO
                                    --------------------------------
                                    Name:  Jack H. Lazzaro
                                          --------------------------
                                    Title: Vice President and CFO
                                          --------------------------

                                      -5-

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Accepted and agreed to.

                                 Harris Trust and Savings Bank,
                                   individually and as Agent

                                 By /s/ M. JAMES BARRY, III
                                    ------------------------------
                                    Name  M. James Barry, III
                                         -------------------------
                                    Title Vice President
                                         -------------------------

                                 Citibank, N.A.

                                 By /s/ PETER C. BICKFORD
                                    ------------------------------
                                    Name  Peter C. Bickford
                                         -------------------------
                                    Title Vice President
                                         -------------------------

                                 Bank of America, N.A.

                                 By /s/ MEHUL MEHTA
                                    ------------------------------
                                    Name  Mehul Mehta
                                         -------------------------
                                    Title Vice President
                                         -------------------------

                                 LaSalle Bank National Association

                                 By /s/ KYLE FREIMUTH
                                    -------------------------------
                                    Name  Kyle Freimuth
                                         --------------------------
                                    Title Vice President
                                         --------------------------

                                 The Northern Trust Company

                                 By /s/ RICHARD W. BERGER
                                    -------------------------------
                                    Name  Richard W. Berger
                                         --------------------------
                                    Title Vice President
                                         --------------------------

                                      -6-

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