Document:

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                                                                 EXHIBIT 4.2(c)
                                                                 --------------

                                                                 EXECUTION COPY

                         AMENDMENT NO. 2, CONSENT AND WAIVER dated as of
                    January 23, 2002 (this "Amendment"), to the CREDIT
                    AGREEMENT dated as of May 31, 2000, as amended by AMENDMENT
                    NO. 1 dated as of May 1, 2001 (as so amended, the "Credit
                    Agreement"), among Stone Container Corporation, a Delaware
                    corporation ("Stone"), Smurfit-Stone Container Canada Inc.,
                    a corporation amalgamated under the Canada Business
                    Corporations Act formerly known as St. Laurent Paperboard
                    Inc. (together with Stone, the "Borrowers"), the Lenders
                    (as defined therein), JPMorgan Chase Bank, a New York
                    banking corporation formerly known as The Chase Manhattan
                    Bank ("JPMorgan") as an Agent, Bankers Trust Company, a New
                    York banking corporation as administrative agent for the
                    Lenders (in such capacity, the "Administrative Agent") and
                    as collateral agent for the Lenders (in such capacity, the
                    "Collateral Agent"), the Facing Agent (as defined therein),
                    Deutsche Bank Canada, as Canadian Administrative Agent and
                    The Bank of Nova Scotia, as Canadian Syndication Agent.

          A.  Pursuant to the terms and subject to the conditions contained in
the Credit Agreement, the Lenders and the Facing Agent have extended, and have
agreed to extend, credit to the Borrowers.

          B.  The Borrowers have requested that the Credit Agreement be amended
as set forth herein.

          C.  Stone has informed the Agents that it intends to call for
redemption prior to September 30, 2002 all of its 12.58% Ratings Adjustable
Senior Notes due 2016 in an aggregate outstanding principal amount of
$125,000,000 (the "Notes") plus accrued interest and stated premium and to
redeem such Notes with the proceeds of Revolving Loans (collectively, the
"Redemption Transaction").

          D.  The Borrowers have requested that the Required Lenders (i)
consent to the Redemption Transaction and (ii) agree to waive certain
provisions of the Credit Agreement, in each case to the extent, but only to the
extent, necessary to permit the Redemption Transaction.

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          E.  The Required Lenders are willing so to amend the Credit Agreement
and to grant such consent and waiver pursuant to the terms and subject to the
conditions set forth herein.

          F.  Capitalized terms used but not otherwise defined herein shall
have the meanings assigned to them in the Credit Agreement.

          Accordingly, in consideration of the mutual agreements herein
contained and other good and valuable consideration, the sufficiency and
receipt of which are hereby acknowledged, the parties hereto agree as follows:

          SECTION 1.  Amendment to the Credit Agreement.  The definition of the
term "Change in Control" contained in Section 1.01 of the Credit Agreement is
hereby amended by deleting the percentage "27-1/2%" set forth therein and
substituting therefor the percentage "20%".

          SECTION 2.  Consent.  The Required Lenders hereby consent to the
Redemption Transaction.

          SECTION 3.  Waiver.  The Required Lenders hereby waive compliance by
Stone with the provisions of Section 7.09 of the Credit Agreement to the
extent, but only to the extent, necessary to permit Stone to consummate the
Redemption Transaction.

          SECTION 4.  Representations and Warranties.  To induce the other
parties hereto to enter into this Amendment, the Borrowers represent and
warrant to each other party hereto that, after giving effect to this Amendment,
(a) the representations and warranties set forth in Article IV of the Credit
Agreement are true and correct in all material respects on and as of the date
hereof, except to the extent such representations and warranties expressly
relate to an earlier date and (b) no Default or Event of Default has occurred
and is continuing.

          SECTION 5.  Effectiveness.  This Amendment shall become effective as
of the date first written above on the date on which the Administrative Agent
shall have received (a) the Amendment Fees (as defined below) and (b)
counterparts of this Amendment that, when taken together, bear the signatures
of the Borrowers and the Required Lenders.

          SECTION 6.  Amendment Fee.  The Borrowers agree to pay to each Lender
(an "Approving Lender") that executes a counterpart hereof and returns such
counterpart to the Administrative Agent or its counsel prior to 5:00 p.m., New
York City time, on January 23, 2002, an amendment fee (an "Amendment Fee" and,
collectively, the "Amendment Fees") equal to $5,000; provided, however, that
                                                     --------  -------
(a) in order to receive such Amendment Fee, (i) if the Approving Lender is an
Affiliate of any other Lender under the Credit Agreement, all such Affiliated
Lenders must be Approving Lenders and (ii) if the Approving Lender is a Lender,
or an Affiliate of any Lender, under and as defined in the Existing Stone
Credit Agreement, such Lender and its Affiliated Lenders (if any) thereunder
must approve Amendment No. 2, Consent and Waiver thereto dated as of January
23, 2002 (the "Stone Amendment"), in accordance with Section 6 thereof,

                                       -2-

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and (b) not more than one Amendment Fee (i.e., not more than $5,000 in the
aggregate) shall be payable hereunder and under the Stone Amendment to any
Lender or group of Affiliated Lenders.  As used in this Section 6, the term
"Affiliate" and the correlative term "Affiliated" shall have the meaning
assigned in the Credit Agreement.  The Amendment Fee payable to an Approving
Lender (or group of Affiliated Approving Lenders) shall be paid to the
Administrative Agent for the account of such Lender or group, shall be paid in
immediately available funds and once paid, shall not be refundable under any
circumstances, provided that in no event shall any Amendment Fee be due and
               --------
payable unless this Amendment is executed by the parties described in Section
5(b) above.

          SECTION 7.  Effect of Amendment.  Except as expressly set forth
herein, this Amendment shall not by implication or otherwise limit, impair,
constitute a waiver of, or otherwise affect the rights and remedies of the
Lenders, the Agents, the Administrative Agent, the Collateral Agent, the Facing
Agent, the Canadian Administrative Agent or the Borrowers under the Credit
Agreement or any other Loan Document, and shall not alter, modify, amend or in
any way affect any of the terms, conditions, obligations, covenants or
agreements contained in the Credit Agreement or any other Loan Document, all of
which are ratified and affirmed in all respects and shall continue in full
force and effect.  Nothing herein shall be deemed to entitle the Borrowers to a
consent to, or a waiver, amendment, modification or other change of, any of the
terms, conditions, obligations, covenants or agreements contained in the Credit
Agreement or any other Loan Document in similar or different circumstances.
This Amendment shall apply and be effective only with respect to the provisions
of the Credit Agreement specifically referred to herein.  After the date
hereof, any reference to the Credit Agreement shall mean the Credit Agreement,
as modified hereby.  This Amendment shall constitute a Loan Document for all
purposes of the Credit Agreement and the other Loan Documents.

          SECTION 8.  Counterparts.  This Amendment may be executed in any
number of counterparts and by different parties hereto in separate
counterparts, each of which when so executed and delivered shall be deemed an
original, but all such counterparts constitute but one and the same instrument.
Delivery of any executed counterpart of a signature page of this Amendment by
facsimile transmission shall be effective as delivery of a manually executed
counterpart hereof.

          SECTION 9.  Applicable Law.  THIS AMENDMENT SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

          SECTION 10.  Headings.  The headings of this Amendment are for
purposes of reference only and shall not limit or otherwise affect the meaning
hereof.

                                       -3-

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          IN WITNESS WHEREOF, the parties hereto have caused this Amendment to
be duly executed by their duly authorized officers, all as of the date and year
first above written.

                                      STONE CONTAINER CORPORATION,

                                        by
                                           /s/ Richard P. Marra
                                           --------------------
                                           Name: Richard P. Marra
                                           Title: Assistant Treasurer

                                      SMURFIT-STONE CONTAINER
                                      CANADA INC.,

                                        by
                                           /s/ Richard P. Marra
                                           --------------------
                                           Name: Richard P. Marra
                                           Title: Assistant Treasurer

                                      JPMORGAN CHASE BANK, individually
                                      and as an Agent,

                                        by
                                           _____________________________________
                                           Name:
                                           Title:

                                      BANKERS TRUST COMPANY,
                                      individually and as Administrative Agent,
                                      Collateral Agent and Facing Agent,

                                        by
                                           _____________________________________
                                           Name:
                                           Title:

                                       -4-

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                                      DEUTSCHE BANK CANADA,
                                      individually and as Canadian
                                      Administrative Agent,

                                        by
                                           _____________________________________
                                           Name:
                                           Title:

                                       -5-

<PAGE>

                                      SIGNATURE PAGE TO AMENDMENT NO. 2,
                                      CONSENT AND WAIVER DATED AS OF
                                      JANUARY 23, 2002, TO THE STONE
                                      CONTAINER CORPORATION CREDIT AGREEMENT
                                      DATED AS OF MAY 31, 2000, AS AMENDED BY
                                      AMENDMENT NO. 1 DATED AS OF MAY 1, 2001

NAME OF LENDER:
               ___________________________

               by
                  ________________________
                    Name:
                    Title:

                                       -6-<PAGE>

                                                                    EXHIBIT 10.1

                            HOUSEHOLD INTERNATIONAL

                         1998 KEY EXECUTIVE BONUS PLAN

<PAGE>

                            HOUSEHOLD INTERNATIONAL
                            -----------------------

                         1998 KEY EXECUTIVE BONUS PLAN
                         -----------------------------

  I.     CONCEPT
         -------

         The Household International 1998 Key Executive Bonus Plan (the "Plan")
         is a short-term incentive plan that is intended to comply with Section
         162(m) of the Internal Revenue Code of 1986, as amended (the "Code"),
         and is designed to award "performance based" compensation as determined
         in accordance with that provision of the Code. Awards will be based
         solely on the return on equity ("ROE") of Household International, Inc.
         and its consolidated subsidiaries (the "Company") provided, however,
         that the Compensation Committee of the Board of Directors shall have
         the discretion to reduce any participant's award based on (1) other
         financial performance criteria of the Company or of certain
         subsidiaries or business units of the Company; and (2) on an evaluation
         of each participant's individual performance. Performance goals and
         award opportunities will be determined prior to the beginning of each
         Plan period (which will generally be a calendar year), or at a later
         date as allowed by Internal Revenue Service ("IRS") notice or
         regulation, by the Compensation Committee and will be communicated to
         each Plan participant.

 II.     PARTICIPATION
         -------------

         Participation in the Plan will be restricted to the key executives of
         the Company. Participants will share a bonus pool calculated as a
         percentage of the net income of the Company as reported in the audited
         financial statements of the Company, which net income shall be
         calculated without regard to the bonuses to be paid hereunder. The
         Compensation Committee will establish the maximum bonus opportunity
         available to such participant, stated as a percentage of the entire
         bonus pool. The sum of the individual percentages of the pool assigned
         to each participant will not exceed 100 percent.

         Any changes in the key executives participating in the Plan will be
         made by the Compensation Committee.

III.     LEVEL OF AWARDS
         ---------------

         The bonus pool will equal 5% of the portion of the Company's net income
         that exceeds the amount of net income that would have resulted if a 12%
         ROE had been achieved. Thus, unless actual ROE exceeds 12%, the amount
         of the bonus pool will be zero. For purposes of this Plan, the
         Company's net income means the consolidated net income of

                                      -1-

<PAGE>

         the Company pursuant to its audited financial statements. ROE shall be
         calculated by taking the amount of net income determined as above, and
         dividing it by the average common shareholders' equity for the year,
         excluding any adjustments related to investment securities under FASB
         115. Prior to each Plan period (or at a later date as allowed by IRS
         notice or regulation), the Compensation Committee of the Board of
         Directors may establish a dollar cap for the bonus pool. In addition,
         and within that same timeframe, the Compensation Committee will
         establish the percentage of the bonus pool that will be allocated to
         each participant. However, no more than 50% of the bonus pool for any
         Plan year may be allocated to any one participant, and the sum of the
         bonus pool percentages which are allocated to all participants shall
         not exceed 100%.

         Prior to each Plan period (or at a later date as allowed by IRS notice
         or regulation), the Chief Executive Officer ("CEO") of the Company will
         recommend for approval by the Compensation Committee the minimum ROE
         objective that must be met, in order to pay bonuses under this Plan to
         any participant at that participant's allocated bonus pool percentage
         level. This minimum ROE objective will not be less than 12%.

         If the Compensation Committee approves the aforementioned minimum ROE
         objective, this objective shall be deemed to be established for the
         applicable participant for the applicable Plan period and shall be
         deemed to be part of this Plan for said Plan period. Subject to the
         Compensation Committee's negative discretion described in the next
         paragraph, attainment of the minimum ROE objective will entitle the
         participant to his/her allocated percentage of the bonus pool.

         The CEO will also recommend for approval by the Compensation Committee
         certain other financial performance indicators for the Company or one
         or more subsidiaries or business units and/or individual goals, which
         may include specific targets for financial performance goals, which the
         Compensation Committee may, in its sole discretion, take into account
         solely for purposes of determining whether it should reduce or
         eliminate the bonus otherwise due to a participant by virtue of the
         Company having met the participant's minimum ROE objective. The
         exercise by the Compensation Committee of this negative discretion with
         respect to one participant may not result in an increase in the amount
         of bonus payable to another participant.

 IV.     DETERMINATION OF AWARDS
         -----------------------

         A.       Approval of Goals/Awards
                  ------------------------

                  The Compensation Committee of the Board of Directors must
                  approve the minimum ROE objective prior to the beginning of
                  any Plan period for all participants in the Plan (or at a
                  later date as allowed by IRS notice or regulation). This goal
                  will be the sole criteria for measuring performance and
                  determining the bonus for that period. The Compensation
                  Committee will solely determine

                                      -2-

<PAGE>

                  whether the minimum ROE objective has been satisfied for all
                  participants in the Plan, as well as the total amount of the
                  bonus pool, and prior to payment of any bonus hereunder will
                  certify in writing as to the satisfaction of the minimum ROE
                  objective and the amount of the bonus pool to the Board of
                  Directors of the Company.

                  Notwithstanding anything contained herein to the contrary, the
                  Compensation Committee may, however, at its sole discretion,
                  reduce bonus awards in light of other financial performance
                  indicators, individual performance of the participant, overall
                  business conditions or other circumstances.

  V.     PAYMENT OF AWARDS
         -----------------

                  Awards will be paid as soon as practicable at the end of the
                  Plan period, subject to all required tax withholdings. Awards
                  may be paid in cash, shares of the Company's common stock, or
                  some combination thereof at the sole discretion of the
                  Compensation Committee.

 VI.     ADMINISTRATIVE MATTERS
         ----------------------

         A.       Position Changes
                  ----------------

                  Normally awards, provided the goals have been met, will be
                  pro-rated according to the portion of the Plan period that an
                  incumbent is eligible for the bonus. However, the Compensation
                  Committee shall have the right to review each individual case
                  and take such action as it deems appropriate consistent with
                  the intent and purposes of this Plan.

         B.       Effect on Benefits
                  ------------------

                  Payments made under this Plan shall be included in an
                  employee's income for purposes of determining pension
                  benefits, life insurance, long-term disability, and
                  participation in the Company's TRIP plan.

         C.       Termination of Employment
                  -------------------------

                  Normally awards, provided the goals therefore have been met,
                  will be pro-rated in the case of death, permanent and total
                  disability, or retirement under one of the Company's pension
                  plans during a Plan period. If a participant terminates
                  employment for any other reason prior to the last working day
                  of a Plan period, he will normally forfeit any right to an
                  award for the Plan period. Notwithstanding the foregoing,
                  however, the Compensation Committee shall have the right to

                                      -3-

<PAGE>

                  review each individual case and take such action as it deems
                  appropriate consistent with the intent and purposes of this
                  Plan.

         D.       Administration of the Plan
                  --------------------------

                  The Plan shall be administered solely by the Compensation
                  Committee. Any and all determinations made by the Compensation
                  Committee in connection with this Plan shall be final and
                  binding on the Company and each participant in the Plan.
                  Neither eligible participation in the Plan, nor award payments
                  thereunder shall guarantee an employee any right to continued
                  employment. The Plan does not give any employee a right or
                  claim to an award under the Plan. The Compensation Committee
                  reserves the right to change or discontinue the Plan at any
                  time; provided, however, that any new factors used to
                  establish a goal, other than ROE, or any change in the formula
                  used to calculate the amount of the bonus pool, must be
                  approved by the stockholders of the Company.

         E.       Stockholder Approval
                  --------------------
                  The Plan shall be submitted to the stockholders of the Company
                  at the 1998 annual meeting of stockholders. If the Plan is not
                  approved by the stockholders by December 31, 1998, then this
                  Plan shall be deemed to be null and void and any awards or
                  grants made pursuant hereto shall automatically terminate.
                  Thereafter, this Plan shall again be submitted to the
                  stockholders for approval every fifth (5th) year or as may be
                  required by the applicable provisions of the Code.

                                      -4-

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