Document:

Exhibit 10.6

LIMITED CONSENT AND
AMENDMENT NO. 5 TO CREDIT AGREEMENT

This Limited Consent and
Amendment No. 5 to Credit
Agreement, dated as of September 5, 2006
(this “Consent and Amendment”), is entered into by and among Vertis, Inc. (“Borrower”),
as Borrower, the other Credit Parties signatory hereto, General Electric
Capital Corporation, as a Lender and as Agent for Lenders (“Agent”), and the
other Lenders.

RECITALS

A. Borrower, the other
Credit Parties, Agent and Lenders are parties to that certain Credit Agreement,
dated as of December 22, 2004, including all annexes, exhibits and schedules
thereto (as amended by: (i) that certain Limited Consent and Amendment No. 1 to
Credit Agreement, dated as of October 3,2005; (ii) that certain Amendment No. 2
to Credit Agreement, dated as of November 22, 2005; (iii) that certain Limited
Consent and Amendment No. 3 to Credit Agreement, dated as of December 12, 2005;
and (iv) that certain Amendment No. 4 to Credit Agreement, dated as of May
30,2006; and as from time to time further amended, restated, supplemented or
otherwise modified, the “Credit Agreement”).

B. Borrower and the other
Credit Parties have requested that Agent and Lenders consent to the sale by
Borrower and Webcraft, LLC (“Webcraft”) of certain assets related to Borrower’s
and Webcraft’s fragrance and cosmetic businesses as set forth in (i) that
certain Asset Purchase Agreement to be entered into by Borrower and Webcraft,
together as Seller, and Spice Acquisition Corp. (“Spice”), as Purchaser, and
(ii) that certain Asset Sale Agreement to be entered into by Vertis Fragrance
SARL (“SARL”), as Seller, and Arcade Europe SARL, as Purchaser, substantially
in the form of Exhibit A-1 and Exhibit A-2, respectively, to this Consent and
Amendment (together, the “Asset Purchase Agreements”), and (iii) certain
related actions as further described in Section 2 herein.

C. This Consent and
Amendment shall constitute a Loan Document and these Recitals shall be
construed as part of this Consent and Amendment.

NOW THEREFORE, in
consideration of the premises and the mutual covenants hereinafter contained,
and of the Loans and other extensions of credit heretofore, now or hereafter
made to, or for the benefit of, Borrower by Lenders, Borrower, the other Credit
Parties, Agent and Lenders hereby agree as follows:

1. Definitions.
Except to the extent otherwise specified herein, capitalized terms used in this
Consent and Amendment shall have the same meanings ascribed to them in the
Credit Agreement and Annex A thereto.

2. Consents.

2.1. Notwithstanding Section
5.7 of the Credit Agreement or any other provision of the Credit Agreement or
any other Loan Document to the contrary, Agent and Lenders hereby consent to
the sale by Borrower and Webcraft to Spice of certain assets related to
Borrower’s and Webcraft’s fragrance and cosmetic businesses as set forth in the
Asset Purchase Agreements; provided, that, any changes to the
Asset Purchase Agreements from the versions thereof attached to this Consent
and Amendment as Exhibit A-1 and Exhibit A-2, shall be reasonably satisfactory
to Agent.

2.2. Notwithstanding any
provision of the Credit Agreement or any other Loan Document to the contrary,
Agent and Lenders hereby consent to the release of Agent’s Liens on the assets
of Borrower and Webcraft which are being sold by Borrower and Webcraft to Spice
pursuant to the Asset Purchase Agreements upon the closing of the transactions
contemplated by the Asset Purchase Agreements to the

extent such properties and
assets have been pledged to Agent pursuant to the Credit Agreement or any other
Loan Document.

3. Further Assurances.

3.1. Each Credit Party
shall, from time to time, execute and deliver such agreements, instruments,
certificates, reports and other documents and take all such actions as Agent or
Lenders at any time may reasonably request to evidence, further document,
effectuate or otherwise implement the actions described above in Section 2,
under the Credit Agreement and/or the other Loan Documents.

3.2. At the time of the
closing of the transactions contemplated by the Asset Purchase Agreements and
from time to time thereafter, at Borrower’s expense, Agent and Lenders shall
execute and deliver such lien release instruments and documents and take such
related actions as Borrower may reasonably request to evidence, further
document, effectuate or otherwise implement the release of Agent’s Liens as
described above in Section 2, under the Credit Agreement and the other Loan
Documents.

4. Representations and
Warranties. Borrower and Credit Parties, jointly and severally, hereby
represent and warrant to Agent and Lenders that:

4.1.
Aside from: (a) (i) the agreements to provide indemnification, (ii) the
guaranty by Borrower, and (iii) other obligations, all as set forth in the
Asset Purchase Agreements, under which the maximum aggregate exposure with
respect to the preceding clause (i) is $4,000,000, subject to the exceptions
set forth in the Asset Purchase Agreements; and (b) the obligations set forth
in the Transition Services Agreement, substantially in the form of Exhibit B to
this Consent and Amendment (the “Transition Services Agreement”), to be entered
into by and among Borrower, Webcraft, SARL and Spice, (A) there are no
post-closing obligations and liabilities, including, without limitation, contingent
obligations and liabilities, under the Asset Purchase Agreements or the
Transition Services Agreement of Borrower and the other Credit Parties to Spice
or any other Person, and (B) there is no existing guaranty, credit support,
indemnity or other similar arrangement by Borrower or any other Credit Party or
by any of their direct or indirect Subsidiaries in favor of Spice or any
employee, customer or creditor relating to Spice.

4.2. The execution, delivery
and performance by Borrower and each of the other Credit Parties of this
Consent and Amendment have been duly authorized by all necessary corporate
action, and this Consent and Amendment constitutes the legal, valid and binding
obligation of Borrower and each of the other Credit Parties enforceable against
each of them in accordance with its terms, except as the enforcement hereof may
be subject to the effect of any applicable bankruptcy, insolvency,
reorganization, moratorium or similar law affecting creditors’ rights generally
or to general principles of equity.

4.3. The execution, delivery
and performance of this Consent and Amendment and the consummation of the
transactions contemplated hereby by Borrower and each other Credit Party do
not, and will not:

(a) contravene or conflict
with any provision of (i) law, (ii) any judgment, decree or order, or (iii) the
certificate or articles of incorporation or by-laws or other constituent
documents of Borrower or any other Credit Party; or

(b) contravene or conflict
with, or cause any Lien to arise under, any provision of any indenture,
agreement, mortgage, lease, instrument or other document, including, without
limitation, the Security Agreement, the February 2003 Senior Subordinated Debt
Documents, the 2002 Senior Debt Documents, the 2003 Senior Secured Debt
Documents or the Mezzanine Debt Documents, binding upon or otherwise affecting
Borrower or any Credit Party or any property of Borrower or any Credit Party.

4.4.          No Default or Event of Default exists under the Credit
Agreement or any other Loan Document or will exist after or be triggered by the
execution, delivery and performance of this Consent and Amendment or the
consummation of the transactions contemplated hereby and by the Asset Purchase
Agreements. In addition, each of Borrower and each other Credit Party hereby
represents, warrants and reaffirms that the Credit Agreement and each of the
other Loan Documents remains in full force and effect.

5. Covenants. Aside
from (a) (i) the agreements to provide indemnification, (ii) the guaranty by
Borrower, and (iii) other obligations, all as set forth in the Asset Purchase
Agreements, under which the maximum aggregate exposure with respect to the
preceding clause (i) is $4,000,000, subject to the exceptions set forth in the
Asset Purchase Agreements, and (b) the obligations set forth in the Transition
Services Agreement, each of Borrower and each other Credit Party executing this
Consent and Amendment jointly and severally agrees as to all Credit Parties
that from and after the date hereof, the Credit Parties shall not and shall not
cause or permit their Subsidiaries directly or indirectly to create, incur,
assume or otherwise become or remain directly or indirectly liable with respect
to any guaranty, credit support, indemnity or other similar arrangement, by
Borrower or by any of its direct or indirect Subsidiaries in favor of Spice or
any employee, customer or creditor relating to Spice.

6. Conditions Precedent
to Effectiveness. The effectiveness of the consents set forth in Section 2
hereof are in each instance subject to the satisfaction of each of the
following conditions precedent:

6.1. Consent and
Amendment. This Consent and Amendment shall have been duly executed and
delivered by Borrower, the other Credit Parties, Agent and Lenders.

6.2. No Default. No
Default or Event of Default shall have occurred and be continuing or would
result from the effectiveness of this Consent and Amendment or the consummation
of any of the transactions contemplated hereby or by the Asset Purchase
Agreements.

6.3. Opinion. Agent
and Lenders shall have received an opinion of counsel to Borrower, Sullivan
& Cromwell LLP, with respect to this Consent and Amendment, including,
without limitation, as to this Consent and Amendment, the Asset Purchase
Agreements and the transactions contemplated hereby and thereby not conflicting
with any provision of the Security Agreement, the February 2003 Senior
Subordinated Debt Documents, the 2002 Senior Debt Documents, the 2003 Senior
Secured Debt Documents or the Mezzanine Debt Documents, in form and substance
acceptable to Agent.

6.4. Miscellaneous.
Agent and Lenders shall have received such other agreements, instruments and
documents as Agent or Lenders may reasonably request.

7. Reference to and
Effect Upon the Credit Agreement and other Loan Documents.

7.1. Full Force and
Effect. Except as specifically provided herein, the Credit Agreement, the
Notes and each other Loan Document shall remain in full force and effect and
each is hereby ratified and confirmed by all Credit Parties.

7.2. No Waiver. The
execution, delivery and effect of this Consent and Amendment shall be limited
precisely as written and shall not be deemed to (i) be a consent to any waiver
of any term or condition, or to any amendment or modification of any term or
condition (except as specifically provided herein) of the Credit Agreement or
any other Loan Document or (ii) prejudice any right, power or remedy which the
Agent or any Lender now has or may have in the future under or in connection
with the Credit Agreement, the Notes or any other Loan Document.

7.3 Certain Terms.
Each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof
‘, “herein” or any other word or words of similar import shall mean and be a
reference to the Credit Agreement as amended hereby, and each reference in any
other Loan Document to the Credit Agreement or any word or words of similar
import shall be and mean a reference to the Credit Agreement as amended hereby.

8. Counterparts. This
Consent and Amendment may be executed in any number of counterparts, each of
which when so executed shall be deemed an original but all such counterparts
shall constitute one and the same instrument. Delivery of an executed
counterpart of a signature page to this Consent and Amendment by telecopier or “pdf”
shall be as effective as delivery of a manually executed counterpart signature
page to this Consent and Amendment.

9. Costs and Expenses.
As provided in the Credit Agreement, Borrower shall pay the fees, costs and
expenses incurred by Agent in connection with the preparation, execution and
delivery of this Consent and Amendment (including, without limitation,
attorneys’ fees).

10. GOVERNING LAW.
THIS CONSENT AND AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED AND ENFORCED IN
ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO
CONFLICTS OF LAW PRINCIPALS.

11. Headings. Section
headings in this Consent and Amendment are included herein for convenience of
reference only and shall not constitute a part of this Consent and Amendment
for any other purpose.

 

[Signature Pages Follow]

IN WITNESS WHEREOF, this
Consent and Amendment has been duly executed as of the date first written
above.

 

	
  

  	
   

  	
  BORROWER:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  VERTIS,
  INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Dean D.
  Durbin

  
	
   

  	
   

  	
  Name: 

  	
  Dean D. Durbin

  
	
   

  	
   

  	
  Title: 

  	
  President and
  Chief Executive Officer

  
						

 

 

	
  

  	
  GENERAL ELECTRIC CAPITAL

  CORPORATION

  
	
   

  	
  as Agent, an L/C
  Issuer and a Lender

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By: 

  	
  /s/ Sandra
  Claghorn

  
	
   

  	
   

  	
  Duly Authorized Signatory

  

 

 

	
  

  	
   

  	
  BANK OF AMERICA, N.A.

  
	
   

  	
   

  	
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Robert
  Anchundia

  
	
   

  	
   

  	
  Name:

  	
  Robert Anchundia

  
	
   

  	
   

  	
  Title:

  	
   Vice
  President

  
						

 

The following Persons are signatory to this Amendment
in their capacity as Credit Parties and not as Borrowers:

 

	
  

  	
   

  	
  VERTIS HOLDINGS, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Dean D.
  Durbin

  
	
   

  	
   

  	
  Name: 

  	
  Dean D. Durbin

  
	
   

  	
   

  	
  Title: 

  	
   President
  and Chief Executive Officer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  VERTIS
  DIGITAL SERVICES LIMITED

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Dean D.
  Durbin

  
	
   

  	
   

  	
  Name: 

  	
  Dean D. Durbin

  
	
   

  	
   

  	
  Title: 

  	
   President
  and Chief Executive Officer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ENTERON
  GROUP LLC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Dean D.
  Durbin

  
	
   

  	
   

  	
  Name: 

  	
  Dean D. Durbin

  
	
   

  	
   

  	
  Title: 

  	
   President
  and Chief Executive Officer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  WEBCRAFT,
  LLC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Dean D.
  Durbin

  
	
   

  	
   

  	
  Name: 

  	
  Dean D. Durbin

  
	
   

  	
   

  	
  Title: 

  	
   President
  and Chief Executive Officer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  USA
  DIRECT, LLC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Dean D.
  Durbin

  
	
   

  	
   

  	
  Name: 

  	
  Dean D. Durbin

  
	
   

  	
   

  	
  Title: 

  	
   President
  and Chief Executive Officer

  
						

 

 

	
  

  	
   

  	
  VERTIS
  MAILING, LLC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Dean D.
  Durbin

  
	
   

  	
   

  	
  Name: 

  	
  Dean D. Durbin

  
	
   

  	
   

  	
  Title: 

  	
   President
  and Chief Executive Officer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  WEBCRAFT
  CHEMICALS, LLC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Dean D.
  Durbin

  
	
   

  	
   

  	
  Name: 

  	
  Dean D. Durbin

  
	
   

  	
   

  	
  Title: 

  	
   President
  and Chief Executive OfficerExhibit
10.7

LIMITED CONSENT
AND AMENDMENT NO. 6 TO CREDIT AGREEMENT

This Limited
Consent and Amendment No. 6 to Credit Agreement, dated as of November    ,
2006 (this “Consent and Amendment”), is entered into by and among
Vertis, Inc. (“Borrower”), as Borrower, the other Credit Parties
signatory hereto, General Electric Capital Corporation, as a Lender and as
Agent for Lenders (“Agent”), and the other Lenders.

RECITALS

A.    Borrower, the other Credit Parties, Agent and Lenders are parties
to that certain Credit Agreement, dated as of December 22, 2004, including all
annexes, exhibits and schedules thereto (as amended by: (i) that certain
Limited Consent and Amendment No. 1 to Credit Agreement, dated as of October 3,
2005; (ii) that certain Amendment No. 2 to Credit Agreement, dated as of
November 22, 2005; (iii) that certain Limited Consent and Amendment No. 3 to
Credit Agreement, dated as of December 12, 2005; (iv) that certain Amendment
No. 4 to Credit Agreement, dated as of May 30, 2006; and (v) that certain
Limited Consent and Amendment No. 5 to Credit Agreement, dated as of September
5, 2006; and as from time to time further amended, restated, supplemented or
otherwise modified, the “Credit Agreement”).

B.    Borrower and the other Credit Parties have requested that Agent
and Lenders consent to the condemnation of approximately twelve (12) acres of
land (the “Chalfont Property”) comprising a portion of the property
owned by Webcraft, LLC (“Webcraft”) in Chalfont, Pennsylvania to New
Britain Township (the “Town”), and the transfer of the Chalfont Property
to the Town in accordance with the terms of an agreement to be in form and
substance satisfactory to Agent (the “Chalfont Property Transfer Agreement”)
in connection with the construction by Webcraft of a warehouse in the Town.

C.    This Consent and Amendment shall constitute a Loan Document and
these Recitals shall be construed as part of this Consent and Amendment.

NOW THEREFORE, in consideration of the premises and
the mutual covenants hereinafter contained, and of the Loans and other
extensions of credit heretofore, now or hereafter made to, or for the benefit
of, Borrower by Lenders, Borrower, the other Credit Parties, Agent and Lenders
hereby agree as follows:

1.             Definitions. 
Except to the extent otherwise specified herein, capitalized terms used
in this Consent and Amendment shall have the same meanings ascribed to them in
the Credit Agreement and Annex A thereto.

2.             Consents.

2.1.          Notwithstanding
Section 5.7 of the Credit Agreement or any other provision of the Credit
Agreement or any other Loan Document to the contrary, Agent and Lenders hereby
consent to the condemnation of the Chalfont Property by the Town and the 

transfer by Webcraft of
the Chalfont Property to the Town in accordance with the terms of the Chalfont
Property Transfer Agreement.

2.2.          Notwithstanding
any provision of the Credit Agreement or any other Loan Document to the
contrary, Agent and Lenders hereby consent to the release of Agent’s Liens on
the assets of Webcraft which are being transferred by Webcraft to the Town
pursuant to the Chalfont Property Transfer Agreement upon the closing of the
transactions contemplated by the Chalfont Property Transfer Agreement to the
extent such properties and assets have been pledged to Agent pursuant to the
Credit Agreement or any other Loan Document.

3.             Further Assurances.

3.1.          Each
Credit Party shall, from time to time, execute and deliver such agreements,
instruments, certificates, reports and other documents and take all such
actions as Agent or Lenders at any time may reasonably request to evidence,
further document, effectuate or otherwise implement the actions described above
in Section 2, under the Credit Agreement and/or the other Loan
Documents.

3.2.         
At the time of the closing of the transactions contemplated by the Chalfont
Property Transfer Agreement and from time to time thereafter, at Borrower’s
expense, Agent and Lenders shall execute and deliver such lien release
instruments and documents and take such related actions as Borrower may reasonably
request to evidence, further document, effectuate or otherwise implement the
release of Agent’s Liens as described above in Section 2, under the
Credit Agreement and the other Loan Documents.

4.             Representations and Warranties.  Borrower and Credit Parties, jointly and
severally, hereby represent and warrant to Agent and Lenders that:

4.1.          Aside
from the obligations set forth in the Chalfont Property Transfer Agreement,
there are no post-closing obligations and liabilities, including, without
limitation, contingent obligations and liabilities, under the Chalfont Property
Transfer Agreement of Borrower and the other Credit Parties to the Town or any
other Person, and (b) there is no existing guaranty, credit support, indemnity
or other similar arrangement by Borrower or any other Credit Party or by any of
their direct or indirect Subsidiaries in favor of the Town or any employee,
customer or creditor relating to the Town.

4.2.          The
execution, delivery and performance by Borrower and each of the other Credit
Parties of this Consent and Amendment have been duly authorized by all
necessary corporate action, and this Consent and Amendment constitutes the
legal, valid and binding obligation of Borrower and each of the other Credit
Parties enforceable against each of them in accordance with its terms, except
as the enforcement hereof may be subject to the effect of any applicable
bankruptcy, insolvency, reorganization, moratorium or similar law affecting
creditors’ rights generally or to general principles of equity.

4.3.          The
execution, delivery and performance of this Consent and Amendment and the
consummation of the transactions contemplated hereby by Borrower and each other
Credit Party do not, and will not:

 2
 

(a)           contravene or
conflict with any provision of (i) law, (ii) any judgment, decree or order, or
(iii) the certificate or articles of incorporation or by-laws or other
constituent documents of Borrower or any other Credit Party; or

(b)           contravene or
conflict with, or cause any Lien to arise under, any provision of any
indenture, agreement, mortgage, lease, instrument or other document, including,
without limitation, the Security Agreement, the February 2003 Senior
Subordinated Debt Documents, the 2002 Senior Debt Documents, the 2003 Senior
Secured Debt Documents or the Mezzanine Debt Documents, binding upon or
otherwise affecting Borrower or any Credit Party or any property of Borrower or
any Credit Party.

4.4.          No
Default or Event of Default exists under the Credit Agreement or any other Loan
Document or will exist after or be triggered by the execution, delivery and
performance of this Consent and Amendment or the consummation of the
transactions contemplated hereby and by the Chalfont Property Transfer
Agreement.  In addition, each of Borrower
and each other Credit Party hereby represents, warrants and reaffirms that the
Credit Agreement and each of the other Loan Documents remains in full force and
effect.

5.             Covenants.  Each of Borrower and each other Credit Party
executing this Consent and Amendment jointly and severally agrees as to all
Credit Parties that from and after the date hereof, the Credit Parties shall
not and shall not cause or permit their Subsidiaries directly or indirectly to
create, incur, assume or otherwise become or remain directly or indirectly
liable with respect to any guaranty, credit support, indemnity or other similar
arrangement, by Borrower or by any of its direct or indirect Subsidiaries in
favor of the Town or any employee, customer or creditor relating to the Town.

6.             Conditions Precedent to
Effectiveness.  The effectiveness of
the consents set forth in Section 2 hereof are in each instance subject
to the satisfaction of each of the following conditions precedent:

6.1.          Consent
and Amendment.  This Consent and
Amendment shall have been duly executed and delivered by Borrower, the other
Credit Parties, Agent and Lenders.

6.2.          No
Default.  No Default or Event of
Default shall have occurred and be continuing or would result from the
effectiveness of this Consent and Amendment or the consummation of any of the
transactions contemplated hereby or by the Chalfont Property Transfer
Agreement.

6.3.          Opinion.  Agent and Lenders shall have received an
opinion of counsel to Borrower, Sullivan & Cromwell LLP, with respect to
this Consent and Amendment, including, without limitation, as to this Consent
and Amendment, the Chalfont Property Transfer Agreement and the transactions
contemplated hereby and thereby not conflicting with any provision of the
Security Agreement, the February 2003 Senior Subordinated Debt Documents, the
2002 Senior Debt Documents, the 2003 Senior Secured Debt Documents or the
Mezzanine Debt Documents, in form and substance acceptable to Agent.

6.4.          Miscellaneous.  Agent and Lenders shall have received such
other agreements, instruments and documents as Agent or Lenders may reasonably
request.

 3
 

7.             Reference to and Effect Upon the
Credit Agreement and other Loan Documents. 

7.1.          Full
Force and Effect.  Except as
specifically provided herein, the Credit Agreement, the Notes and each other
Loan Document shall remain in full force and effect and each is hereby ratified
and confirmed by all Credit Parties.

7.2.          No
Waiver.  The execution, delivery and
effect of this Consent and Amendment shall be limited precisely as written and
shall not be deemed to (i) be a consent to any waiver of any term or condition,
or to any amendment or modification of any term or condition (except as
specifically provided herein) of the Credit Agreement or any other Loan
Document or (ii) prejudice any right, power or remedy which the Agent or any
Lender now has or may have in the future under or in connection with the Credit
Agreement, the Notes or any other Loan Document.

7.3.          Certain
Terms.  Each reference in the Credit
Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or any other
word or words of similar import shall mean and be a reference to the Credit
Agreement as amended hereby, and each reference in any other Loan Document to
the Credit Agreement or any word or words of similar import shall be and mean a
reference to the Credit Agreement as amended hereby.

8.             Counterparts.  This Consent and Amendment may be executed in
any number of counterparts, each of which when so executed shall be deemed an
original but all such counterparts shall constitute one and the same
instrument.  Delivery of an executed
counterpart of a signature page to this Consent and Amendment by telecopier or “pdf”
shall be as effective as delivery of a manually executed counterpart signature
page to this Consent and Amendment.

9.             Costs and Expenses.  As provided in the Credit Agreement, Borrower
shall pay the fees, costs and expenses incurred by Agent in connection with the
preparation, execution and delivery of this Consent and Amendment (including,
without limitation, attorneys’ fees).

10.           GOVERNING LAW.  THIS CONSENT AND AMENDMENT SHALL BE GOVERNED
BY AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE
OF NEW YORK WITHOUT REGARD TO CONFLICTS OF LAW PRINCIPALS.

11.           Headings.  Section headings in this Consent and
Amendment are included herein for convenience of reference only and shall not
constitute a part of this Consent and Amendment for any other purpose.

[Signature Pages Follow]

 

 4

IN WITNESS WHEREOF, this Consent and Amendment has
been duly executed as of the date first written above.

	
  

  	
  BORROWER:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  VERTIS, INC.

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /S/ Stephen E. Tremblay

  	
   

  	
   

  
	
   

  	
  Name: Stephen E. Tremblay

  	
   

  	
   

  
	
   

  	
  Title: Chief Financial Officer

  	
   

  	
   

  
					

 

 

	
  

  	
   

  	
   

  	
   

  
	
   

  	
  GENERAL ELECTRIC CAPITAL

  CORPORATION

  	
   

  	
   

  
	
   

  	
  as Agent, an L/C Issuer and a Lender

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By: 

  	
  /S/ Daniel D. McCready

  	
   

  	
   

  
	
   

  	
  Duly Authorized
  Signatory

  	
   

  	
   

  
					

 

 

	
  

  	
   

  	
   

  	
   

  
	
   

  	
  BANK OF AMERICA, N.A.

  	
   

  	
   

  
	
   

  	
  as a Lender

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /S/ Richard Levenson

  	
   

  	
   

  
	
   

  	
  Name: Richard Levenson

  	
   

  	
   

  
	
   

  	
  Title: Senior Vice President

  	
   

  	
   

  
					

 

                The following
Persons are signatory to this Amendment in their capacity as Credit Parties and
not as Borrowers:

	
  

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  VERTIS HOLDINGS, INC.

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /S/ Stephen E. Tremblay

  	
   

  	
   

  
	
   

  	
  Name: Stephen E. Tremblay

  	
   

  	
   

  
	
   

  	
  Title: Chief Financial Officer

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  ENTERON GROUP LLC

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /S/ Stephen E. Tremblay

  	
   

  	
   

  
	
   

  	
  Name: Stephen E. Tremblay

  	
   

  	
   

  
	
   

  	
  Title: Chief Financial Officer

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  WEBCRAFT, LLC

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /S/ Stephen E. Tremblay

  	
   

  	
   

  
	
   

  	
  Name: Stephen E. Tremblay

  	
   

  	
   

  
	
   

  	
  Title: Chief Financial Officer

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  USA DIRECT, LLC

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /S/ Stephen E. Tremblay

  	
   

  	
   

  
	
   

  	
  Name: Stephen E. Tremblay

  	
   

  	
   

  
	
   

  	
  Title: Chief Financial Officer

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  VERTIS MAILING, LLC

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /S/ Stephen E. Tremblay

  	
   

  	
   

  
	
   

  	
  Name: Stephen E. Tremblay

  	
   

  	
   

  
	
   

  	
  Title: Chief Financial Officer

  	
   

  	
   

  
								

 

 

	
  

  	
   

  	
   

  	
   

  
	
   

  	
  WEBCRAFT CHEMICALS, LLC

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /S/ Stephen E. Tremblay

  	
   

  	
   

  
	
   

  	
  Name: Stephen E. Tremblay

  	
   

  	
   

  
	
   

  	
  Title: Chief Financial Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00120-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00120-of-00352.parquet"}]]