Document:

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                                                                   EXHIBIT 10(3)

                                                                  EXECUTION COPY

                              AMSCAN HOLDINGS, INC.

                    8.75% SENIOR SUBORDINATED NOTES DUE 2014

                               PURCHASE AGREEMENT

                                                                  April 27, 2004

Goldman, Sachs & Co.
Credit Suisse First Boston LLC,
   As representatives of the several Purchasers
   named in Schedule I hereto,
c/o Goldman, Sachs & Co.,
85 Broad Street,
New York, New York 10004

Ladies and Gentlemen:

      Amscan Holdings, Inc., a Delaware corporation (the "Company"), proposes,
subject to the terms and conditions stated herein, to issue and sell to the
Purchasers named in Schedule I hereto (the "Purchasers"), in the respective
amounts set forth in Schedule I hereto, an aggregate of $175,000,000 principal
amount of the 8.75% Senior Subordinated Notes due 2014, specified above (the
"Securities"). The Securities will be unconditionally guaranteed as to the
payment of principal, premium and interest (including special interest), if any,
(the "Guarantees") by each of the Company's existing domestic subsidiaries (each
a "Guarantor" and collectively, the "Guarantors"). Capitalized terms used but
not defined herein shall have the meanings assigned to them in the Offering
Circular (as defined below) under the heading "Description of Notes."

      The Securities are being issued and sold in connection with the
acquisition of the Company (the "Acquisition") by AAH Holdings Corporation ("AAH
Holdings"), pursuant to the Agreement and Plan of Merger by and among AAH
Holdings, AAH Acquisition Corporation ("AAH Acquisition") and the Company, dated
March 26, 2004 (the "Acquisition Agreement"). The Acquisition is structured as a
merger of AAH Acquisition with and into the Company, with the Company surviving
as a wholly-owned subsidiary of AAH Holdings, all as provided in "The
Transactions" sections of the Offering Circular. The gross proceeds from the
sale of the Securities pursuant to this Agreement, together with the proceeds of
other financings described in the Offering Circular, will be used to consummate
the Acquisition, consummate a debt tender offer to acquire at least a majority
of the Company's existing 9.875% Senior Subordinated Notes due 2007 (the "Tender
Offer") and pay related fees and expenses. The Acquisition, together with (A) a
cash common equity investment by certain investors (the "Equity Investment"),
(B) the borrowing by the Company under a new senior secured credit facility to
be dated as of or before April 30, 2004, by and among the Company, AAH Holdings
and certain of the Company's subsidiaries, as guarantors, Goldman Sachs Credit
Partners L.P., J.P. Morgan Securities Inc., General Electric Capital Corporation
and certain other lenders (the "Credit Agreement"), (C) the sale of $175,000,000
of the Securities pursuant to this Agreement, and (D) the

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consummation of the Tender Offer shall collectively be referred to as the
"Transactions." The sale of the Securities hereby is conditioned on the
contemporaneous consummation of the Acquisition, the Tender Offer and the
provision of funds pursuant to the Equity Investment and the Credit Agreement.

      1.    As of the date hereof, AAH Holdings (excluding the representations
and warranties set forth in subsections (f), (g) and (n) (with respect to the
Company and the Guarantors) and (e), (h), (i), (j), (k), (l), and (m); provided
that the representations and warranties made in subsections (o), (r), (w), (x)
and (z) are made only to the best of AAH Holdings' knowledge) and, at the Time
of Delivery (as defined below), each of the Company and the Guarantors, jointly
and severally, represents and warrants to, and agrees with, each of the
Purchasers that:

            (a)   A preliminary offering circular, dated April 16, 2004 (the
      "Preliminary Offering Circular"), and an offering circular, dated April
      27, 2004 (the "Offering Circular"), have been prepared in connection with
      the offering of the Securities. Any reference to the Preliminary Offering
      Circular or the Offering Circular, as the case may be, as amended or
      supplemented, as of any specified date, shall be deemed to include (i) any
      documents filed with the United States Securities and Exchange Commission
      (the "Commission") pursuant to Section 13(a), 13(c) or 15(d) of the United
      States Securities Exchange Act of 1934, as amended (the "Exchange Act")
      after the date of the Preliminary Offering Circular or the Offering
      Circular, as the case may be, and prior to such specified date and (ii)
      any Additional Issuer Information (as defined in Section 5(f) hereof)
      furnished by the Company prior to the completion of the distribution of
      the Securities; and all documents filed under the Exchange Act and so
      deemed to be included in the Preliminary Offering Circular or the Offering
      Circular, as the case may be, or any amendment or supplement thereto are
      hereinafter called the "Exchange Act Reports." The Exchange Act Reports,
      when they were or are filed with the Commission, conformed or will conform
      in all material respects to the applicable requirements of the Exchange
      Act and the applicable rules and regulations of the Commission thereunder.
      The Preliminary Offering Circular or the Offering Circular and any
      amendments or supplements thereto and the Exchange Act Reports, if any,
      did not and will not, as of their respective dates, contain an untrue
      statement of a material fact or omit to state a material fact necessary in
      order to make the statements therein, in the light of the circumstances
      under which they were made, not misleading; provided, however, that this
      representation and warranty shall not apply to any statements or omissions
      made in reliance upon and in conformity with information furnished in
      writing to the Company by a Purchaser through Goldman, Sachs & Co.
      expressly for use therein;

            (b)   Neither the Company, the Guarantors nor any of their
      respective subsidiaries has sustained since the date of the latest audited
      financial statements included in the Offering Circular any material loss
      or interference with its business from fire, explosion, flood or other
      calamity, whether or not covered by insurance, or from any labor dispute
      or court or governmental action, order or decree, otherwise than as set
      forth or contemplated in the Offering Circular; and, since the respective
      dates as of which information is given in the Offering Circular, there has
      not been any change in the capital stock or increase in the long-term debt
      of the Company, the Guarantors or any of their respective subsidiaries or
      any material adverse change, or any development involving a prospective
      material adverse change, in or affecting the general affairs, management,
      financial position, stockholders' equity or results of operations of the
      Company and its subsidiaries, otherwise than as set forth or contemplated
      in the Offering Circular;

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            (c)   The Company, the Guarantors and their respective subsidiaries
      have good and marketable title in fee simple to all real property and good
      and marketable title to all personal property owned by them, in each case
      free and clear of all liens, encumbrances and defects except such as are
      described in the Offering Circular or such as do not materially adversely
      affect the value of such property and do not materially interfere with the
      use made and proposed in the Offering Circular to be made of such property
      by the Company, the Guarantors and their respective subsidiaries; and any
      real property and buildings held under lease by the Company, the
      Guarantors and their respective subsidiaries are held by them under valid,
      subsisting and enforceable leases with such exceptions as are not material
      and do not materially interfere with the use made and proposed in the
      Offering Circular to be made of such property and buildings by the
      Company, the Guarantors and their respective subsidiaries;

            (d)   The Company and the Guarantors have each been duly
      incorporated and are validly existing as corporations, or other entities,
      in good standing under the laws of their respective jurisdictions of
      incorporation or organization, with corporate power and authority or power
      and authority under its organizational documents and the applicable
      limited liability company statute, as applicable, to own or lease their
      properties and conduct their business as described in the Offering
      Circular, and have been duly qualified as foreign corporations for the
      transaction of business and are in good standing under the laws of each
      other jurisdiction in which they own or lease properties or conduct any
      business so as to require such qualification, or are subject to no
      material liability or disability by reason of the failure to be so
      qualified in any such jurisdiction; and each subsidiary of the Company and
      the Guarantors that is not a Guarantor has been duly incorporated and is
      validly existing as a corporation, or other entity, in good standing under
      the laws of its jurisdiction of incorporation or organization, except as
      would not, individually or in the aggregate, result in a material adverse
      effect on the current or future business, management, financial position,
      stockholders' equity or results of operations of the Company, the
      Guarantors and their respective subsidiaries, taken as a whole (a
      "Material Adverse Effect");

            (e)   At the Time of Delivery, the Company will have a
      capitalization as set forth in the Offering Circular under the caption
      "Capitalization." All of the issued shares of capital stock of the Company
      have been duly and validly authorized and issued and are fully paid and
      non-assessable; and all of the issued shares of capital stock of each
      subsidiary of the Company and the Guarantors have been duly and validly
      authorized and issued, are fully paid and non-assessable and (except for
      directors' qualifying shares and except as otherwise set forth in the
      Offering Circular) are owned directly or indirectly by the Company or the
      Guarantors, free and clear of all liens, encumbrances, equities or claims;

            (f)   The offering of the Securities has been duly authorized by AAH
      Holdings. At the Time of Delivery, the Securities will have been duly
      authorized by the Company and, when issued and delivered pursuant to this
      Agreement and the Indenture (as defined below), will have been duly
      executed, authenticated, issued and delivered and will constitute valid
      and legally binding obligations of the Company entitled to the benefits
      provided by the indenture to be dated as of April 30, 2004 (the
      "Indenture") among the Company, the Guarantors and The Bank of New York,
      as Trustee (the "Trustee"), under which they are to be issued, enforceable
      against the Company in accordance with their terms, subject, as to
      enforcement, to bankruptcy, insolvency, reorganization and other laws of
      general applicability relating to or

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      affecting creditors' rights and to general equity principles; and the
      Securities will be in substantially the form previously delivered to you;

            (g)   This Agreement has been duly authorized by AAH Holdings, the
      Company and each of the Guarantors;

            (h)   The Indenture has been duly authorized by the Company and each
      of the Guarantors and, when duly executed and delivered by the Company and
      each of the Guarantors (assuming due authorization, execution and delivery
      by each of the other parties thereto), the Indenture will constitute a
      valid and legally binding obligation of the Company and each of the
      Guarantors, enforceable against the Company and each of the Guarantors in
      accordance with its terms, subject, as to enforcement, to bankruptcy,
      insolvency, reorganization and other laws of general applicability
      relating to or affecting creditors' rights and to general equity
      principles;

            (i)   The Guarantees have been duly authorized by each of the
      Guarantors and, when issued and delivered pursuant to this Agreement and
      the Indenture, will have been duly executed, issued and delivered and will
      constitute valid and legally binding obligations of each of the
      Guarantors, entitled to the benefits provided by the Indenture and
      enforceable against each of the Guarantors in accordance with their terms,
      subject, as to enforcement, to bankruptcy, insolvency, reorganization and
      other laws of general applicability relating to or affecting creditors'
      rights and to general equity principles;

            (j)   The exchange and registration rights agreement to be dated as
      of April 30, 2004, among the Company, the Guarantors and the Purchasers
      (the "Registration Rights Agreement") has been duly authorized by the
      Company and each of the Guarantors and, when duly executed and delivered
      by the Company and each of the Guarantors (assuming due authorization,
      execution and delivery by each of the other parties thereto), will
      constitute a valid and legally binding obligation of the Company and each
      of the Guarantors, enforceable against the Company and each of the
      Guarantors in accordance with its terms, subject, as to enforcement, to
      bankruptcy, insolvency, reorganization and other laws of general
      applicability relating to or affecting creditors' rights and to general
      equity principles; provided that no representation is made as to the
      enforceability of the indemnification and contribution provisions thereof;

            (k)   The series of debt securities of the Company, with terms
      identical to the Securities, that are registered on a registration
      statement on Form S-4 (the "Exchange Securities") have been duly
      authorized for issuance by the Company and, when issued and delivered
      pursuant to the Indenture, will have been duly executed, authenticated,
      issued and delivered and will constitute valid and legally binding
      obligations of the Company, entitled to the benefits provided by the
      Indenture and enforceable against the Company in accordance with their
      terms, subject, as to enforcement, to bankruptcy, insolvency,
      reorganization and other laws of general applicability relating to or
      affecting creditors' rights and to general equity principles;

            (l)   The guarantees of the Company's obligations under the Exchange
      Securities (the "Exchange Guarantees") to be offered in exchange for the
      Guarantees in the Exchange Offer have been duly authorized by each of the
      Guarantors and, when issued and delivered pursuant to the Indenture, will
      have been duly executed, issued and delivered and will constitute valid
      and legally binding obligations of each of the Guarantors, entitled to the
      benefits provided by the Indenture and enforceable against each of the
      Guarantors in accordance with their terms, subject, as to enforcement, to
      bankruptcy, insolvency,

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      reorganization and other laws of general applicability relating to or
      affecting creditors' rights and to general equity principles;

            (m)   The Credit Agreement has been duly authorized by the Company
      and each of the Guarantors and, when duly executed and delivered by the
      Company and each of the Guarantors (assuming due authorization, execution
      and delivery by each of the other parties thereto), will constitute a
      valid and legally binding obligation of the Company and each of the
      Guarantors, enforceable against the Company and each of the Guarantors in
      accordance with its terms, subject, as to enforcement, to bankruptcy,
      insolvency, reorganization and other laws of general applicability
      relating to or affecting creditors' rights and to general equity
      principles;

            (n)   The Acquisition Agreement has been duly authorized, executed
      and delivered by the Company, AAH Holdings and AAH Acquisition and
      constitutes a valid and legally binding obligation of the Company, AAH
      Holdings and AAH Acquisition, enforceable against the Company, AAH
      Holdings and AAH Acquisition in accordance with its terms, subject, as to
      enforcement, to bankruptcy, insolvency, reorganization and other laws of
      general applicability relating to or affecting creditors' rights and to
      general equity principles;

            (o)   None of the transactions contemplated by this Agreement
      (including, without limitation, the use of the proceeds from the sale of
      the Securities) will violate or result in a violation of Section 7 of the
      Exchange Act, or any regulation promulgated thereunder, including, without
      limitation, Regulations G, T, U and X of the Board of Governors of the
      Federal Reserve System;

            (p)   Prior to the date hereof, neither the Company, the Guarantors
      nor any of the affiliates of AAH Holdings has taken any action which is
      designed to or which has constituted or which might have been expected to
      cause or result in stabilization or manipulation of the price of any
      security of the Company or any Guarantor in connection with the offering
      of the Securities and the Guarantees;

            (q)   The issue and sale of the Securities and the Guarantees,
      compliance by the Company and the Guarantors with all of the provisions of
      the Securities, the Guarantees, the Indenture, the Registration Rights
      Agreement, the Credit Agreement, the equity subscription agreement, to be
      dated as of or before April 30, 2004 (the "Equity Subscription
      Agreement"), the Acquisition Agreement and this Agreement and the
      consummation of the transactions herein and therein contemplated will not
      (i) conflict with or result in a breach or violation of any of the terms
      or provisions of, or constitute a default under, any indenture, mortgage,
      deed of trust, loan agreement or other agreement or instrument to which
      the Company or any of its subsidiaries is a party or by which the Company
      or any of its subsidiaries is bound or to which any of the property or
      assets of the Company or any of its subsidiaries is subject, (ii) result
      in any violation of the provisions of the Certificate of Incorporation or
      By-laws of the Company or any of its subsidiaries, (iii) assuming the
      accuracy of the representations made by the Purchasers in Section 3
      hereof, result in any violation of the provisions of any law or statute or
      any order, rule or regulation, judgment or decree of any court or
      governmental agency or body having jurisdiction over the Company or any of
      its subsidiaries or any of their respective properties or assets, except
      in the case of (i) and (iii) above, for such conflicts, breaches,
      violations and defaults as would not reasonably be expected to have a
      Material Adverse Effect; no consent, approval, authorization, order,
      registration or qualification of or with any such court or governmental
      agency or body is required for the issue and sale of the Securities and
      the Guarantees or the consummation by the Company and the Guarantors of
      the transactions contemplated by this Agreement, the Securities, the
      Guarantees, the Indenture or

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      the Registration Rights Agreement, except for (i) the filing of a
      registration statement by the Company with the Commission pursuant to the
      United States Securities Act of 1933, as amended (the "Act") and (ii) such
      consents, approvals, authorizations, registrations or qualifications as
      may be required under state securities or Blue Sky laws in connection with
      the purchase and distribution of the Securities by the Purchasers;

            (r)   Neither the Company, the Guarantors nor any of their
      respective subsidiaries is (i) in violation of its Certificate of
      Incorporation, By-laws, Certificate of Formation or Limited Liability
      Company Agreement, as applicable, or (ii) in default in the performance or
      observance of any obligation, covenant or condition contained in any
      indenture, mortgage, deed of trust, loan agreement, lease or other
      agreement or instrument to which it is a party or by which it or any of
      its properties may be bound, except in the case of (ii) above, for such
      defaults as would not reasonably be expected to have a Material Adverse
      Effect ;

            (s)   The statements set forth in the Offering Circular under the
      caption "Description of Notes," insofar as they purport to constitute a
      summary of the terms of the Securities, the Guarantees and the Indenture,
      and under the captions "Material Federal Income Tax Consequences" and
      "Underwriting," insofar as they purport to describe the provisions of the
      laws and documents referred to therein, are accurate, complete and fair in
      all material respects;

            (t)   Other than as set forth in the Offering Circular, there are no
      legal or governmental proceedings pending to which the Company or any of
      its subsidiaries is a party or of which any property or assets of the
      Company or any of its subsidiaries is the subject which, if determined
      adversely to the Company or any of its subsidiaries, would individually or
      in the aggregate be reasonably expected to have a Material Adverse Effect;
      and, to the best of the Company's and each Guarantor's knowledge, no such
      proceedings are threatened or contemplated by governmental authorities or
      threatened by others;

            (u)   When the Securities and the Guarantees are issued and
      delivered pursuant to this Agreement, neither the Securities nor the
      Guarantees will be of the same class (within the meaning of Rule 144A
      under the Act) as securities which are listed on a national securities
      exchange registered under Section 6 of the Exchange Act or quoted in a
      U.S. automated inter-dealer quotation system;

            (v)   Neither the Company, the Guarantors nor any of their
      respective subsidiaries is or after giving effect to the offering and sale
      of the Securities, will be an "investment company," or an entity
      "controlled by an investment company," as such terms are defined in the
      United States Investment Company Act of 1940, as amended, and the rules
      and regulations thereunder (the "Investment Company Act");

            (w)   Neither the Company, the Guarantors nor any person acting on
      its or their behalf (provided that no representation or warranty is made
      as to actions of the Purchasers) has offered or sold the Securities by
      means of any general solicitation or general advertising within the
      meaning of Rule 502(c) under the Act or, with respect to Securities sold
      outside the United States to non-U.S. persons (as defined in Rule 902
      under the Act), by means of any directed selling efforts within the
      meaning of Rule 902 under the Securities Act and the Company, any
      affiliate of AAH Holdings and any person acting on its or their behalf has
      complied with and will implement the "offering restriction" within the
      meaning of such Rule 902;

            (x)   Within the preceding six months, neither the Company, the
      Guarantors nor any other person acting on behalf of the Company or any
      Guarantor has offered or sold to any

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      person any Securities or Guarantees, or any securities of the same or a
      similar class as the Securities or Guarantees, other than Securities
      offered or sold to the Purchasers hereunder. The Company will take
      reasonable precautions designed to insure that any offer or sale, direct
      or indirect, in the United States or to any U.S. person (as defined in
      Rule 902 under the Act) of any Securities or any substantially similar
      security issued by the Company, within six months subsequent to the date
      on which the distribution of the Securities and the Guarantees has been
      completed (as notified to the Company by Goldman, Sachs & Co.), is made
      under restrictions and other circumstances reasonably designed not to
      affect the status of the offer and sale of the Securities and the
      Guarantees in the United States and to U.S. persons contemplated by this
      Agreement as transactions exempt from the registration provisions of the
      Securities Act;

            (y)   Neither the Company, the Guarantors nor any of their
      respective affiliates does business with the government of Cuba or with
      any person or affiliate located in Cuba within the meaning of Section
      517.075, Florida Statutes;

            (z)   Ernst & Young LLP who have audited certain financial
      statements of the Company and its subsidiaries, are independent public
      accountants as required by the Act and the rules and regulations of the
      Commission thereunder;

            (aa)  The Company maintains and will maintain disclosure controls
      and procedures (as defined in Rule 13a-14 of the Exchange Act) designed to
      ensure that information required to be disclosed by the Company in the
      reports that it files or submits under the Exchange Act is recorded,
      processed, summarized and reported in accordance with the Exchange Act and
      the rules and regulations thereunder; and the Company has carried out and
      will carry out evaluations, under the supervision and with the
      participation of the Company's management, of the effectiveness of the
      design and operation of the Company's disclosure controls and procedures
      in accordance with Rule 13a-15 of the Exchange Act;

            (bb)  Except as described in the Offering Circular, (i) neither the
      Company, the Guarantors nor any of their respective subsidiaries is in
      violation of any federal, state, local or foreign statute, law, rule,
      regulation, ordinance, code, policy or rule of common law or any judicial
      or administrative order, consent, decree or judgment thereof, including
      any judicial or administrative order, consent, decree or judgment relating
      to pollution or protection of human health, the environment (including,
      without limitation, ambient air, surface water, groundwater, land surface
      or subsurface strata) or wildlife, including, without limitation, laws and
      regulations relating to the release or threatened release of chemicals,
      pollutants, contaminants, wastes, toxic substances, hazardous substances,
      petroleum or petroleum products (collectively, "Hazardous Materials") or
      to the manufacture, processing, distribution, use, treatment, storage,
      disposal, transport or handling of Hazardous Materials (collectively,
      "Environmental Laws"), (ii) the Company, the Guarantors and each of their
      respective subsidiaries have all permits, authorizations and approvals
      required under any applicable Environmental Laws and are each in
      compliance with their requirements, (iii) there are no pending or, to the
      knowledge of the Company, the Guarantors or any of their respective
      subsidiaries, threatened administrative, regulatory or judicial actions,
      suits, demands, demand letters, claims, liens, notices of noncompliance or
      violation, investigation or proceedings relating to any Environmental Law
      against the Company, the Guarantors or any of their respective
      subsidiaries and (iv) there are no events or circumstances that might
      reasonably be expected to form the basis of an order for clean-up or
      remediation, or an action, suit or proceeding by any private party or
      governmental body or agency, against or affecting the Company, the
      Guarantors or any of

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      their respective subsidiaries relating to Hazardous Materials or
      Environmental Laws, except, in each case, as would not individually or in
      the aggregate reasonably be expected to have a Material Adverse Effect;

            (cc)  The Company, the Guarantors and each of their respective
      subsidiaries own or possess adequate rights to use all patents, patent
      applications, trademarks, service marks, trade names, trademark
      registrations, service mark registrations, copyrights and licenses
      necessary for the conduct of their respective businesses, and have no
      reason to believe that the conduct of their respective businesses will
      conflict with, and, except as disclosed in the Preliminary Offering
      Circular and the Offering Circular, have not received any notice of any
      claim of conflict with, any such rights of others, except, in each case,
      as would not individually or in the aggregate reasonably be expected to
      have a Material Adverse Effect;;

            (dd)  The financial statements, including the notes thereto,
      included in the Offering Circular comply as to form in all material
      respects with the applicable accounting requirements of the Act, the
      Exchange Act, and the rules and regulations of the Commission thereunder,
      and present fairly in all material respects the financial position of the
      Company and its consolidated subsidiaries for which financial statements
      are included in the Offering Circular as of the dates indicated and
      condition and results of operations for the periods specified; said
      financial statements have been prepared in conformity with generally
      accepted accounting principles applied on a consistent basis throughout
      the periods involved except as noted therein; and the other financial and
      statistical information and data included in the Offering Circular present
      fairly in all material respects the information included therein and have
      been prepared on a basis consistent with that of the financial statements
      included in the Offering Circular and the books and records of the
      respective entities presented therein except as otherwise provided in the
      Offering Circular;

            (ee)  No labor disturbance by the employees of the Company, the
      Guarantors or any of their respective subsidiaries exists or, to the best
      of AAH Holdings', the Company's or the Guarantors' knowledge, is imminent;
      except as disclosed in the Offering Circular, neither the Company, the
      Guarantors, nor any of their respective subsidiaries is party to a
      collective bargaining agreement; and there are no unfair labor practice
      complaints pending against the Company, the Guarantors or any of their
      respective subsidiaries or, to the best of AAH Holdings', the Company's or
      the Guarantors' knowledge, threatened against any of them, except, in each
      case, as would not individually or in the aggregate reasonably be expected
      to have a Material Adverse Effect;

            (ff)  No "prohibited transaction" (as defined in Section 406 of the
      Employee Retirement Income Security Act of 1974, as amended, including the
      regulations and published interpretations thereunder ("ERISA"), or Section
      4975 of the Internal Revenue Code of 1986, as amended from time to time
      (the "Code")), or "accumulated funding deficiency" (as defined in Section
      302 of ERISA) or any of the events set forth in Section 4043(b) of ERISA
      (other than events with respect to which the 30-day notice requirement
      under Section 4043 of ERISA has been waived) has occurred with respect to
      any "employee benefit plan," (as defined in Section 3(3) of ERISA), or any
      "employee benefit plan" of any entity which is considered one employer
      with the Company under Section 4001 of ERISA or Section 414 of the Code
      (an "ERISA Affiliate"); each such "employee benefit plan" is in compliance
      in all material respects with its terms and applicable law, including
      ERISA and the Code; and the Company or any ERISA Affiliate has not
      participated in any multiemployer plan (as defined in Section 3(37) of
      ERISA); the Company or any ERISA Affiliate has not incurred and does not
      expect to incur any material

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      liability under Title IV of ERISA with respect to the termination of, or
      withdrawal from any "pension plan" (as defined in Section 3(2) of ERISA)
      and each "pension plan" for which the Company would have any material
      liability that is intended to be qualified under Section 401(a) of the
      Code is so qualified in all material respects and nothing has occurred,
      whether by action or by failure to act, which could cause the loss of such
      qualification; and

            (gg)  The Securities, the Guarantees, the Indenture, the
      Registration Rights Agreement, the Equity Subscription Agreement, the
      Credit Agreement and the Acquisition Agreement will conform in all
      material respects to the descriptions thereof in the Offering Circular.

      2.    Subject to the terms and conditions herein set forth, the Company
and the Guarantors agree to issue and the Company agrees to sell to each of the
Purchasers, and each of the Purchasers agrees, severally and not jointly, to
purchase from the Company, at a purchase price of 97.25% of the principal amount
thereof, plus accrued interest, if any, from April 27, 2004 to the Time of
Delivery hereunder, the principal amount of Securities (and the Guarantees
thereof) set forth opposite the name of such Purchaser in Schedule I hereto.

      3.    Upon the authorization by you of the release of the Securities and
the Guarantees, the several Purchasers propose to offer the Securities and the
Guarantees for sale upon the terms and conditions set forth in this Agreement
and the Offering Circular and each Purchaser hereby represents and warrants to,
and agrees with the Company that:

            (a)   It will offer and sell the Securities only to: (i) persons who
      it reasonably believes are "qualified institutional buyers" ("QIBs")
      within the meaning of Rule 144A under the Act in transactions meeting the
      requirements of Rule 144A or (ii) through its selling agents, outside the
      United States, to non-U.S. persons in reliance on Regulation S under the
      Act;

            (b)   It is an Institutional Accredited Investor within the meaning
      of Rule 501 under the Act; and

            (c)   It will not offer or sell the Securities by any form of
      general solicitation or general advertising, including but not limited to
      the methods described in Rule 502(c) under the Act.

      4.    (a) The Securities to be purchased by each Purchaser hereunder will
be represented by one or more definitive global Securities in book-entry form
that will be deposited by or on behalf of the Company with The Depository Trust
Company ("DTC") or its designated custodian. The Company will deliver the
Securities and the Guarantees to Goldman, Sachs & Co., for the account of each
Purchaser, against payment by or on behalf of such Purchaser of the purchase
price therefor by wire transfer, payable to the order of the Company in Federal
(same day) funds, by causing DTC to credit the Securities and the Guarantees to
the account of Goldman, Sachs & Co. at DTC. The Company will cause the
certificates representing the Securities and the Guarantees to be made available
to Goldman, Sachs & Co. for checking at least twenty-four hours prior to the
Time of Delivery (as defined below) at the office of DTC or its designated
custodian (the "Designated Office"). The time and date of such delivery and
payment shall be 9:30 a.m., New York City time, on April 30, 2004 or such other
time and date as Goldman, Sachs & Co. and the Company may agree upon in writing.
Such time and date are herein called the "Time of Delivery."

            (b)   The documents to be delivered at the Time of Delivery by or on
behalf of the parties hereto pursuant to Section 7 hereof, including the
cross-receipt for the Securities and any additional documents requested by the
Purchasers pursuant to Section 7(h) hereof, will be delivered at such time and
date at the offices of Ropes & Gray LLP, 45 Rockefeller Plaza, New York, New
York 10111-0087 (the "Closing Location"), and the Securities will be delivered
at the Designated Office, all at the

                                       9
<PAGE>

Time of Delivery. A meeting will be held at the Closing Location at 3:00 p.m.,
New York City time, on the New York Business Day next preceding the Time of
Delivery, at which meeting the final drafts of the documents to be delivered
pursuant to the preceding sentence will be available for review by the parties
hereto. For the purposes of this Section 4, "New York Business Day" shall mean
each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which
banking institutions in New York are generally authorized or obligated by law or
executive order to close.

      5.    As of the date hereof, AAH Holdings and, at the Time of Delivery,
each of the Company and the Guarantors, jointly and severally, agrees with each
of the Purchasers:

            (a)   To prepare the Offering Circular in a form approved by you; to
      make no amendment or any supplement to the Offering Circular which shall
      be disapproved by you promptly after reasonable notice thereof; and to
      furnish you with copies thereof;

            (b)   Promptly from time to time to take such action as you may
      reasonably request to qualify the Securities and the Guarantees for
      offering and sale under the securities laws of such jurisdictions as you
      may request and to comply with such laws so as to permit the continuance
      of sales and dealings therein in such jurisdictions for as long as may be
      necessary to complete the distribution of the Securities and the
      Guarantees, provided that in connection therewith neither the Company nor
      any of the Guarantors shall be required to qualify as a foreign
      corporation or to file a general consent to service of process in any
      jurisdiction;

            (c)   To furnish the Purchasers with three copies of the Offering
      Circular and each amendment or supplement thereto with the independent
      accountants' report(s) in the Offering Circular, and any amendment or
      supplement containing amendments to the financial statements covered by
      such report(s), signed by the accountants, and additional written and
      electronic copies thereof in such quantities as you may from time to time
      reasonably request, and if, at any time prior to the earlier to occur of
      (i) the completion of the distribution of the Securities by the Purchasers
      and (ii) the expiration of nine months after the date of the Offering
      Circular, any event shall have occurred as a result of which the Offering
      Circular as then amended or supplemented would include an untrue statement
      of a material fact or omit to state any material fact necessary in order
      to make the statements therein, in the light of the circumstances under
      which they were made when such Offering Circular is delivered, not
      misleading, or, if for any other reason it shall be necessary or desirable
      during such same period to amend or supplement the Offering Circular, to
      notify you and upon your request to prepare and furnish without charge to
      each Purchaser and to any dealer in securities as many written and
      electronic copies as you may from time to time reasonably request of an
      amended Offering Circular or a supplement to the Offering Circular which
      will correct such statement or omission or effect such compliance;

            (d)   For a period of 90 days from the date of the Offering
      Circular, not to offer, sell, contract to sell, grant any option to
      purchase, issue any instrument convertible into or exchangeable for, or
      otherwise transfer or dispose of (or enter into any transaction or device
      which is designed to, or could be expected to, result in the disposition
      in the future of), any securities of the Company or any of its
      subsidiaries that are substantially similar to the Securities or the
      Guarantees, except (i) in exchange for the Exchange Securities in
      connection with the Exchange Offer or (ii) with the prior consent of
      Goldman, Sachs & Co.;

            (e)   Not to be or become, at any time prior to the expiration of
      two years after the Time of Delivery, an open-end investment company, unit
      investment trust, closed-end investment

                                       10
<PAGE>

      company or face-amount certificate company that is or is required to be
      registered under Section 8 of the Investment Company Act;

            (f)   For so long as any Securities are outstanding, at any time
      when the Company is not subject to Section 13 or 15(d) of the Exchange
      Act, for the benefit of holders from time to time of Securities, to
      furnish at its expense, upon request, to holders of Securities and
      prospective purchasers of securities information (the "Additional Issuer
      Information") satisfying the requirements of subsection (d)(4)(i) of Rule
      144A under the Act;

            (g)   If requested by you, to use commercially reasonable efforts to
      cause such Designated Securities to be eligible for the PORTAL trading
      system of the National Association of Securities Dealers, Inc.;

            (h)   During a period of three years from the date of the Offering
      Circular, to furnish to you copies of all reports or other communications
      (financial or other) furnished to holders of the Securities;

            (i)   During the period of two years after the Time of Delivery, the
      Company will not, and will not permit any of its "affiliates" (as defined
      in Rule 144 under the Securities Act) to, resell any of the Securities
      which constitute "restricted securities" under Rule 144 that have been
      reacquired by any of them;

            (j)   To do and perform all things required to be done and performed
      under this Agreement, the Securities, the Guarantees, the Indenture and
      the Registration Rights Agreement prior to and after the Time of Delivery;

            (k)   To comply with all agreements set forth in the representation
      letters of the Company to DTC relating to the approval of the Securities
      by DTC for "book entry" transfer; and

            (l)   To use the net proceeds received by it from the sale of the
      Securities pursuant to this Agreement in the manner specified in the
      Offering Circular under the caption "Use of Proceeds."

      6.    Each of the Company and the Guarantors, jointly and severally,
covenants and agrees with the several Purchasers that the Company and the
Guarantors will pay or cause to be paid the following: (i) the fees,
disbursements and expenses of the Company's counsel and accountants in
connection with the issue of the Securities and the Guarantees and all other
expenses in connection with the preparation, printing and filing of the
Preliminary Offering Circular and the Offering Circular and any amendments and
supplements thereto and the mailing and delivering of copies thereof to the
Purchasers and dealers; (ii) the cost of printing or producing any Agreement
among Purchasers, this Agreement, the Indenture, the Registration Rights
Agreement, the Blue Sky and legal investment surveys, closing documents
(including any compilations thereof) and any other documents in connection with
the offering, purchase, sale and delivery of the Securities; (iii) all expenses
in connection with the qualification of the Securities, the Exchange Securities,
the Guarantees and the Exchange Guarantees for offering and sale under state
securities laws as provided in Section 5(b) hereof, including the reasonable
fees and disbursements of counsel for the Purchasers in connection with such
qualification and in connection with the Blue Sky and legal investment surveys;
(iv) any fees charged by securities rating services for rating the Securities
and the Exchange Securities; (v) the cost of preparing the Securities and the
Guarantees; (vi) the fees and expenses of the Trustee and any agent of the
Trustee and the fees and disbursements of counsel for the Trustee in connection
with the Indenture and the Securities; (vii) any cost incurred in connection
with the designation of the

                                       11
<PAGE>

Securities for trading in PORTAL; and (viii) all other costs and expenses
incident to the performance of its obligations hereunder which are not otherwise
specifically provided for in this Section. It is understood, however, that,
except as provided in this Section, and Sections 8 and 11 hereof, the Purchasers
will pay all of their own costs and expenses, including the fees of their
counsel, transfer taxes on resale of any of the Securities by them, and any
advertising expenses connected with any offers they may make.

      7.    The obligations of the Purchasers hereunder shall be subject, in
their discretion, to the condition that all representations and warranties and
other statements of AAH Holdings, the Company and the Guarantors herein are, on
the date hereof and at the Time of Delivery, true and correct, the condition
that AAH Holdings, the Company and the Guarantors shall have performed all of
their respective obligations hereunder theretofore to be performed, and the
following additional conditions:

      (a)   Latham & Watkins LLP, counsel for the Purchasers, shall have
furnished to you such opinion or opinions, dated the Time of Delivery, with
respect to such matters as you may reasonably request, and such counsel shall
have received such papers and information as they may reasonably request to
enable them to pass upon such matters;

      (b)   Ropes & Gray LLP, counsel for the Company, shall have furnished to
you their written opinion, dated the Time of Delivery, in the form set forth on
Annex I hereto and Gray, Plant, Mooty, Mooty & Bennett, P.A., counsel for the
Company, shall have furnished to you their written opinion, dated the Time of
Delivery, in the form set forth on Annex II hereto

      (c)   On the date of the Offering Circular prior to the execution of this
Agreement and also at the Time of Delivery, Ernst & Young LLP shall have
furnished to you a letter or letters, dated the respective dates of delivery
thereof, in form and substance satisfactory to you, to the effect set forth in
Annex III hereto;

      (d)   (i) Neither the Company, the Guarantors nor any of their respective
subsidiaries shall have sustained since the date of the latest audited financial
statements included in the Offering Circular any loss or interference with its
business from fire, explosion, flood or other calamity, whether or not covered
by insurance, or from any labor dispute or court or governmental action, order
or decree, otherwise than as set forth or contemplated in the Offering Circular,
and (ii) since the respective dates as of which information is given in the
Offering Circular there shall not have been any change in the capital stock or
an increase in the long-term debt of the Company, the Guarantors or any of their
respective subsidiaries or any change, or any development involving a
prospective change, in or affecting the general affairs, management, financial
position, stockholders' equity or results of operations of the Company, the
Guarantors and their respective subsidiaries, otherwise than as set forth or
contemplated in the Offering Circular, the effect of which, in any such case
described in clause (i) or (ii), is in the judgment of the Representatives so
material and adverse as to make it impracticable or inadvisable to proceed with
the offering or the delivery of the Securities on the terms and in the manner
contemplated in this Agreement and in the Offering Circular;

      (e)   On or after the date hereof (i) no downgrading shall have occurred
in the rating accorded the Company's or the Guarantors' debt securities by any
"nationally recognized statistical rating organization," as that term is defined
by the Commission for purposes of Rule 436(g)(2) under the Act, and (ii) no such
organization shall have publicly announced that it has under surveillance or
review, with possible negative implications, its rating of any of the Company's
or the Guarantors' debt securities;

      (f)   On or after the date hereof there shall not have occurred any of the
following: (i) a suspension or material limitation in trading in securities
generally on the New York Stock Exchange or

                                       12
<PAGE>

the Nasdaq National Market; (ii) a general moratorium on commercial banking
activities declared by either Federal or New York State authorities or a
material disruption in commercial banking or securities settlement or clearance
services in the United States; (iii) the outbreak or escalation of hostilities
involving the United States or the declaration by the United States of a
national emergency or war or (iv) the occurrence of any other calamity or crisis
or any change in financial, political or economic conditions in the United
States or elsewhere, if the effect of any such event specified in clause (iii)
or (iv) in the judgment of the Representatives makes it impracticable or
inadvisable to proceed with the offering or the delivery of the Securities on
the terms and in the manner contemplated in the Offering Circular;

      (g)   The Securities have been designated for trading on PORTAL;

      (h)   The Company shall have furnished or caused to be furnished to you at
the Time of Delivery certificates of officers of the Company and the Guarantors
satisfactory to you as to the accuracy of the representations and warranties of
the Company and the Guarantors herein at and as of such Time of Delivery, as to
the performance by the Company of all of its obligations hereunder to be
performed at or prior to such Time of Delivery, as to the matters set forth in
subsection (d) of this Section and as to such other matters as you may
reasonably request;

      (i)   The Company and the Guarantors shall have entered into this
Agreement;

      (j)   The Company and the Guarantors shall have executed the Registration
Rights Agreement, and the Purchasers shall have received counterparts, conformed
as executed, thereof;

      (k)   The Company, the Guarantors and the Trustee shall have executed the
Indenture, and the Purchasers shall have received counterparts, conformed as
executed, thereof; and

      (l)   The Company and the Guarantors shall have consummated the
Transactions on substantially the terms described in the Offering Circular and
the Purchasers shall have received a certificate, dated the Time of Delivery,
signed on behalf of the Company, in form and substance satisfactory to the
Purchasers, confirming that the Transactions were so consummated.

      8.    (a) As of the date hereof, AAH Holdings and, at the Time of
Delivery, each of the Company and the Guarantors, jointly and severally,
indemnify and hold harmless each Purchaser against any losses, claims, damages
or liabilities, joint or several, to which such Purchaser may become subject,
under the Act or otherwise, insofar as such losses, claims, damages or
liabilities (or actions in respect thereof) arise out of or are based upon an
untrue statement or alleged untrue statement of a material fact contained in any
Preliminary Offering Circular or the Offering Circular, or any amendment or
supplement thereto, or arise out of or are based upon the omission or alleged
omission to state therein a material fact necessary to make the statements
therein not misleading, and will reimburse each Purchaser for any legal or other
expenses reasonably incurred by such Purchaser in connection with investigating
or defending any such action or claim as such expenses are incurred; provided,
however, that neither the Company nor any of the Guarantors shall be liable in
any such case to the extent that any such loss, claim, damage or liability
arises out of or is based upon an untrue statement or alleged untrue statement
or omission or alleged omission made in any Preliminary Offering Circular or the
Offering Circular or any such amendment or supplement in reliance upon and in
conformity with written information furnished to the Company by any Purchaser
through Goldman, Sachs & Co. expressly for use therein.

      (b)   Each Purchaser will indemnify and hold harmless the Company and the
Guarantors against any losses, claims, damages or liabilities to which the
Company and the Guarantors may become subject, under the Act or otherwise,
insofar as such losses, claims, damages or liabilities (or

                                       13
<PAGE>

actions in respect thereof) arise out of or are based upon an untrue statement
or alleged untrue statement of a material fact contained in any Preliminary
Offering Circular or the Offering Circular, or any amendment or supplement
thereto, or arise out of or are based upon the omission or alleged omission to
state therein a material fact or necessary to make the statements therein not
misleading, in each case to the extent, but only to the extent, that such untrue
statement or alleged untrue statement or omission or alleged omission was made
in any Preliminary Offering Circular or the Offering Circular or any such
amendment or supplement in reliance upon and in conformity with written
information furnished to the Company by such Purchaser through Goldman, Sachs &
Co. expressly for use therein; and will reimburse the Company and the Guarantors
for any legal or other expenses reasonably incurred by the Company and such
Guarantors in connection with investigating or defending any such action or
claim as such expenses are incurred.

      (c)   Promptly after receipt by an indemnified party under subsection (a)
or (b) above of notice of the commencement of any action, such indemnified party
shall, if a claim in respect thereof is to be made against the indemnifying
party under such subsection, notify the indemnifying party in writing of the
commencement thereof; but the omission so to notify the indemnifying party shall
not relieve it from any liability which it may have to any indemnified party
otherwise than under such subsection. In case any such action shall be brought
against any indemnified party and it shall notify the indemnifying party of the
commencement thereof, the indemnifying party shall be entitled to participate
therein and, to the extent that it shall wish, jointly with any other
indemnifying party similarly notified, to assume the defense thereof, with
counsel reasonably satisfactory to such indemnified party (who shall not, except
with the consent of the indemnified party, be counsel to the indemnifying
party), and, after notice from the indemnifying party to such indemnified party
of its election so to assume the defense thereof, the indemnifying party shall
not be liable to such indemnified party under such subsection for any legal
expenses of other counsel or any other expenses, in each case subsequently
incurred by such indemnified party, in connection with the defense thereof other
than reasonable costs of investigation. No indemnifying party shall, without the
written consent of the indemnified party, effect the settlement or compromise
of, or consent to the entry of any judgment with respect to, any pending or
threatened action or claim in respect of which indemnification or contribution
may be sought hereunder (whether or not the indemnified party is an actual or
potential party to such action or claim) unless such settlement, compromise or
judgment (i) includes an unconditional release of the indemnified party from all
liability arising out of such action or claim and (ii) does not include a
statement as to, or an admission of, fault, culpability or a failure to act, by
or on behalf of any indemnified party.

      (d)   If the indemnification provided for in this Section 8 is unavailable
to or insufficient to hold harmless an indemnified party under subsection (a) or
(b) above in respect of any losses, claims, damages or liabilities (or actions
in respect thereof) referred to therein, then each indemnifying party shall
contribute to the amount paid or payable by such indemnified party as a result
of such losses, claims, damages or liabilities (or actions in respect thereof)
in such proportion as is appropriate to reflect the relative benefits received
by AAH Holdings, the Company and the Guarantors on the one hand and the
Purchasers on the other from the offering of the Securities. If, however, the
allocation provided by the immediately preceding sentence is not permitted by
applicable law or if the indemnified party failed to give the notice required
under subsection (c) above, then each indemnifying party shall contribute to
such amount paid or payable by such indemnified party in such proportion as is
appropriate to reflect not only such relative benefits but also the relative
fault of AAH Holdings, the Company and the Guarantors on the one hand and the
Purchasers on the other in connection with the statements or omissions which
resulted in such losses, claims, damages or liabilities (or actions in respect
thereof), as well as any other relevant equitable considerations. The

                                       14
<PAGE>

relative benefits received by AAH Holdings, the Company and the Guarantors on
the one hand and the Purchasers on the other shall be deemed to be in the same
proportion as the total net proceeds from the offering (before deducting
expenses) received by AAH Holdings, the Company and the Guarantors bear to the
total underwriting discounts and commissions received by the Purchasers, in each
case as set forth in the Offering Circular. The relative fault shall be
determined by reference to, among other things, whether the untrue or alleged
untrue statement of a material fact or the omission or alleged omission to state
a material fact relates to information supplied by AAH Holdings, the Company and
the Guarantors on the one hand or the Purchasers on the other and the parties'
relative intent, knowledge, access to information and opportunity to correct or
prevent such statement or omission. AAH Holdings, the Company, the Guarantors
and the Purchasers agree that it would not be just and equitable if contribution
pursuant to this subsection (d) were determined by pro rata allocation (even if
the Purchasers were treated as one entity for such purpose) or by any other
method of allocation which does not take account of the equitable considerations
referred to above in this subsection (d). The amount paid or payable by an
indemnified party as a result of the losses, claims, damages or liabilities (or
actions in respect thereof) referred to above in this subsection (d) shall be
deemed to include any legal or other expenses reasonably incurred by such
indemnified party in connection with investigating or defending any such action
or claim. Notwithstanding the provisions of this subsection (d), no Purchaser
shall be required to contribute any amount in excess of the amount by which the
total discounts and commissions received by such Purchaser with respect to the
offering of the Securities underwritten by it exceeds the amount of any damages
which such Purchaser has otherwise been required to pay by reason of such untrue
or alleged untrue statement or omission or alleged omission. The Purchasers'
obligations in this subsection (d) to contribute are several in proportion to
their respective underwriting obligations and not joint.

      (e)   The obligations of AAH Holdings, the Company and the Guarantors
under this Section 8 shall be in addition to any liability which AAH Holdings,
the Company and the Guarantors may otherwise have and shall extend, upon the
same terms and conditions, to each person, if any, who controls any Purchaser
within the meaning of the Act; and the obligations of the Purchasers under this
Section 8 shall be in addition to any liability which the respective Purchasers
may otherwise have and shall extend, upon the same terms and conditions, to each
officer and director of AAH Holdings, the Company or any Guarantor and to each
person, if any, who controls AAH Holdings, the Company or any Guarantor within
the meaning of the Act.

      9.    (a) If any Purchaser shall default in its obligation to purchase the
Securities which it has agreed to purchase hereunder, you may in your discretion
arrange for you or another party or other parties to purchase such Securities on
the terms contained herein. If within thirty-six hours after such default by any
Purchaser you do not arrange for the purchase of such Securities, then the
Company shall be entitled to a further period of thirty-six hours within which
to procure another party or other parties satisfactory to you to purchase such
Securities on such terms. In the event that, within the respective prescribed
periods, you notify the Company that you have so arranged for the purchase of
such Securities, or the Company notifies you that it has so arranged for the
purchase of such Securities, you or the Company shall have the right to postpone
the Time of Delivery for a period of not more than seven days, in order to
effect whatever changes may thereby be made necessary in the Offering Circular,
or in any other documents or arrangements, and the Company agrees to prepare
promptly any amendments to the Offering Circular which in your opinion may
thereby be made necessary. The term "Purchaser" as used in this Agreement shall
include any person substituted under this Section with like effect as if such
person had originally been a party to this Agreement with respect to such
Securities.

                                       15
<PAGE>

      (b)   If, after giving effect to any arrangements for the purchase of the
Securities of a defaulting Purchaser or Purchasers by you and the Company as
provided in subsection (a) above, the aggregate principal amount of such
Securities which remains unpurchased does not exceed one-eleventh of the
aggregate principal amount of all the Securities, then the Company shall have
the right to require each non-defaulting Purchaser to purchase the principal
amount of Securities which such Purchaser agreed to purchase hereunder and, in
addition, to require each non-defaulting Purchaser to purchase its pro rata
share (based on the principal amount of Securities which such Purchaser agreed
to purchase hereunder) of the Securities of such defaulting Purchaser or
Purchasers for which such arrangements have not been made; but nothing herein
shall relieve a defaulting Purchaser from liability for its default.

      (c)   If, after giving effect to any arrangements for the purchase of the
Securities of a defaulting Purchaser or Purchasers by you and the Company as
provided in subsection (a) above, the aggregate principal amount of Securities
which remains unpurchased exceeds one-eleventh of the aggregate principal amount
of all the Securities, or if the Company shall not exercise the right described
in subsection (b) above to require non-defaulting Purchasers to purchase
Securities of a defaulting Purchaser or Purchasers, then this Agreement shall
thereupon terminate, without liability on the part of any non-defaulting
Purchaser or the Company, except for the expenses to be borne by the Company and
the Purchasers as provided in Section 6 hereof and the indemnity and
contribution agreements in Section 8 hereof; but nothing herein shall relieve a
defaulting Purchaser from liability for its default.

      10.   The respective indemnities, agreements, representations, warranties
and other statements of the Company, the Guarantors and the several Purchasers,
as set forth in this Agreement or made by or on behalf of them, respectively,
pursuant to this Agreement, shall remain in full force and effect, regardless of
any investigation (or any statement as to the results thereof) made by or on
behalf of any Purchaser or any controlling person of any Purchaser, the Company
or any Guarantor, or any officer or director or controlling person of the
Company or a Guarantor, and shall survive delivery of and payment for the
Securities.

      11.   If this Agreement shall be terminated pursuant to Section 9 hereof,
none of AAH Holdings, the Company or any Guarantor shall then be under any
liability to any Purchaser except as provided in Sections 6 and 8 hereof; but,
if for any other reason, the Securities and the Guarantees are not delivered by
or on behalf of the Company as provided herein, the Company and the Guarantors,
jointly and severally, will reimburse the Purchasers through you for all
out-of-pocket expenses approved in writing by you, including fees and
disbursements of counsel, reasonably incurred by the Purchasers in making
preparations for the purchase, sale and delivery of the Securities and the
Guarantees, but none of AAH Holdings, the Company or the Guarantors shall then
be under any further liability to any Purchaser except as provided in Sections 6
and 8 hereof.

      12.   In all dealings hereunder, you shall act on behalf of each of the
Purchasers, and the parties hereto shall be entitled to act and rely upon any
statement, request, notice or agreement on behalf of any Purchaser made or given
by you jointly or by Goldman, Sachs & Co. on behalf of you as the
Representatives.

      All statements, requests, notices and agreements hereunder shall be in
writing, and if to the Purchasers shall be delivered or sent by mail, telex or
facsimile transmission to you as the Representatives in care of Goldman, Sachs &
Co., 85 Broad Street, New York, New York 10004, Attention: Registration
Department; and if to the Company or any Guarantor shall be delivered or sent by
mail, telex or facsimile transmission to the address of the Company set forth in
the Offering Circular, Attention: Secretary; provided, however, that any notice
to a Purchaser pursuant to Section

                                       16
<PAGE>

8(c) hereof shall be delivered or sent by mail, telex or facsimile transmission
to such Purchaser at its address set forth in its Purchasers' Questionnaire, or
telex constituting such Questionnaire, which address will be supplied to the
Company by you upon request. Any such statements, requests, notices or
agreements shall take effect upon receipt thereof.

      13.   This Agreement shall be binding upon, and inure solely to the
benefit of, the Purchasers, AAH Holdings, the Company, the Guarantors and, to
the extent provided in Sections 8 and 10 hereof, the officers and directors of
AAH Holdings, the Company and the Guarantors and each person who controls AAH
Holdings, the Company, any Guarantor or any Purchaser, and their respective
heirs, executors, administrators, successors and assigns, and no other person
shall acquire or have any right under or by virtue of this Agreement. No
purchaser of any of the Securities from any Purchaser shall be deemed a
successor or assign by reason merely of such purchase.

      14.   Time shall be of the essence of this Agreement.

      15.   THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH
THE LAWS OF THE STATE OF NEW YORK.

      16.   This Agreement may be executed by any one or more of the parties
hereto in any number of counterparts, each of which shall be deemed to be an
original, but all such respective counterparts shall together constitute one and
the same instrument.

      17.   The Company and the Guarantors are authorized, subject to applicable
law, to disclose any and all aspects of this potential transaction that are
necessary to support any U.S. federal income tax benefits expected to be claimed
with respect to such transaction, and all materials of any kind (including tax
opinions and other tax analyses) related to those benefits, without the
Purchasers imposing any limitation of any kind.

      18.   AAH Holdings agrees to cause each of the Company and the Guarantors
to become a party to this Agreement at the time of the consummation of the
Acquisition. All obligations and liabilities of AAH Holdings under this
Agreement shall terminate when each of the Company and the Guarantors become
party to this Agreement.

                                       17
<PAGE>

      If the foregoing is in accordance with your understanding, please sign and
return to us six counterparts hereof, and upon the acceptance hereof by you, on
behalf of each of the Purchasers, this letter and such acceptance hereof shall
constitute a binding agreement between each of the Purchasers, AAH Holdings, the
Company and the Guarantors. It is understood that your acceptance of this letter
on behalf of each of the Purchasers is pursuant to the authority set forth in a
form of Agreement among Purchasers, the form of which shall be submitted to the
Company for examination upon request, but without warranty on your part as to
the authority of the signers thereof.

                                        Very truly yours,

                                        AAH Holdings Corporation

                                        By: /s/ Robert J. Small
                                           -------------------------------------
                                            Name:  Robert J. Small
                                            Title: President

The foregoing Agreement is hereby agreed to and accepted as of the Time of
Delivery.

                                        Amscan Holdings, Inc.

                                        By: /s/ Michael A. Correale
                                           -------------------------------------
                                            Name:  Michael A. Correale
                                            Title: Chief Financial Officer,
                                                   Secretary and Vice President

                                        Amscan Inc.

                                        By: /s/ Michael A. Correale
                                           -------------------------------------
                                            Name:  Michael A. Correale
                                            Title: Vice President and Treasurer

                                        SSY Realty Corp.

                                        By: /s/ Michael A. Correale
                                           -------------------------------------
                                            Name:  Michael A. Correale
                                            Title: Assistant Treasurer

                                       18
<PAGE>

                                        JCS Realty Corp.

                                        By: /s/ Michael A. Correale
                                           -------------------------------------
                                            Name:  Michael A. Correale
                                            Title: Assistant Treasurer

                                        Am-Source, LLC

                                        By: /s/ Michael A. Correale
                                           -------------------------------------
                                            Name:  Michael A. Correale
                                            Title: Assistant Treasurer

                                        Trisar, Inc.

                                        By: /s/ Michael A. Correale
                                           -------------------------------------
                                            Name:  Michael A. Correale
                                            Title: Assistant Treasurer

                                        Anagram International, Inc.

                                        By: /s/ Michael A. Correale
                                           -------------------------------------
                                            Name:  Michael A. Correale
                                            Title: Vice President, Assistant
                                                   Treasurer and Secretary

                                        Anagram International Holdings, Inc.

                                        By: /s/ Michael A. Correale
                                           -------------------------------------
                                            Name:  Michael A. Correale
                                            Title: Vice President, Assistant
                                                   Treasurer and Secretary

                                        Anagram Eden Prairie Property
                                        Holdings LLC

                                        By: Amscan Holdings, Inc., its Sole
                                            Member

                                        By: /s/ Michael A. Correale
                                           -------------------------------------
                                            Name:  Michael A. Correale
                                            Title: Chief Financial Officer,
                                                   Secretary and Vice President

                                       19
<PAGE>

                                        M&D Industries, Inc.

                                        By: /s/ Michael A. Correale
                                           -------------------------------------
                                            Name:  Michael A. Correale
                                            Title: Senior Vice President,
                                                   Treasurer and Chief Financial
                                                   Officer

Accepted as of the date hereof:

Goldman, Sachs & Co.
Credit Suisse First Boston LLC

By: /s/ Goldman, Sachs & Co.
   -------------------------------------------
        (Goldman, Sachs & Co.)
        On behalf of each of the Purchasers

                                       20
<PAGE>

                                   SCHEDULE I

<TABLE>
<CAPTION>
                                                                                                       PRINCIPAL
                                                                                                       AMOUNT OF
                                                                                                       SECURITIES
                                                                                                         TO BE
                                           PURCHASER                                                   PURCHASED
                                           ---------                                                   ---------
<S>                                                                                                  <C>
Goldman, Sachs & Co. .......................................................................         $ 87,500,000
Credit Suisse First Boston LLC..............................................................           87,500,000

                  Total.....................................................................         $175,000,000
</TABLE>

                                       21<PAGE>

                                                                   EXHIBIT 10(4)

                                                                  EXECUTION COPY

                            AAH HOLDINGS CORPORATION

                             STOCKHOLDERS AGREEMENT

                           Dated as of April 30, 2004

<PAGE>

                            AAH HOLDINGS CORPORATION
                             STOCKHOLDERS AGREEMENT

                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                                                            Page
<S>                                                                                                         <C>
ARTICLE I.
DEFINITIONS...............................................................................................    1

     1.1.  Certain Matters of Construction................................................................    1
     1.2.  Definitions....................................................................................    1

ARTICLE II.
COVENANTS AND CONDITIONS..................................................................................   11

     2.1.  Restrictions on Transfers; Involuntary Transfers...............................................   11
     2.2.  Call by the Company of Management Stockholders' Equity Interests...............................   13
     2.3.  Management Stockholder Put.....................................................................   15
     2.4.  Take Along.....................................................................................   17
     2.5.  Come Along.....................................................................................   19
     2.6.  Corporate Governance...........................................................................   21
     2.7.  Rights of Participation........................................................................   23
     2.8.  Financial and Business Information.............................................................   24
     2.9.  Confidentiality................................................................................   24
     2.10. Approval Rights................................................................................   25

ARTICLE III.
REGISTRATION RIGHTS.......................................................................................   25

     3.1.  General........................................................................................   25
     3.2.  Demand Registration Initiated by the Berkshire Stockholders or the WP Stockholders.............   25
     3.3.  Piggyback Registration; Reduction in Registration..............................................   26
     3.4.  Obligations of the Company.....................................................................   27
     3.5.  Furnish Information............................................................................   29
     3.6.  Expenses of Registration.......................................................................   29
     3.7.  Underwriting Requirements......................................................................   29
     3.8.  Indemnification................................................................................   30
     3.9.  Registration on Form S-3.......................................................................   33
     3.10. Reports Under Securities Exchange Act of 1934..................................................   33
     3.11. No Inconsistent Agreements.....................................................................   33
     3.12. Stock Split....................................................................................   33
     3.13. Timing and Other Limitations...................................................................   34
     3.14. Lock-up........................................................................................   34
</TABLE>

                                      -i-

<PAGE>

<TABLE>
<S>                                                                                                          <C>
ARTICLE IV.
MISCELLANEOUS.............................................................................................   35
     4.1.  Appointment of the Management Proxy............................................................   35
     4.2.  Remedies.......................................................................................   35
     4.3.  Entire Agreement; Amendment; Waiver............................................................   36
     4.4.  Severability...................................................................................   36
     4.5.  Notices........................................................................................   37
     4.6.  Binding Effect; Assignment.....................................................................   38
     4.7.  Governing Law..................................................................................   38
     4.8.  Termination....................................................................................   38
     4.9.  Recapitalizations, Exchanges, Etc..............................................................   38
     4.10. Action Necessary to Effectuate the Agreement...................................................   39
     4.11. Purchase for Investment; Legend on Certificate.................................................   39
     4.12. Effectiveness of Transfers.....................................................................   39
     4.13. Other Stockholders.............................................................................   40
     4.14. No Waiver......................................................................................   40
     4.15. Costs and Expenses.............................................................................   40
     4.16. Counterpart....................................................................................   40
     4.17. Headings.......................................................................................   40
     4.18. Third Party Beneficiaries......................................................................   40
     4.19. Consent to Jurisdiction........................................................................   40
     4.20. WAIVER OF JURY TRIAL...........................................................................   41
</TABLE>

                                      -ii-

<PAGE>

                             STOCKHOLDERS AGREEMENT

      This Stockholders Agreement (this "Agreement") is entered into as of the
30th day of April, 2004 by and among (i) AAH Holdings Corporation, a Delaware
corporation (together with its successors and permitted assigns, the "Company")
and (ii) the Stockholders (as defined below) party hereto.

      WHEREAS, upon consummation of the transactions contemplated by that
certain Agreement and Plan of Merger dated as of March 26, 2004 (the "Merger
Agreement") by and among the Company, AAH Acquisition Corporation and Amscan
Holdings, Inc., the Berkshire Stockholders (as defined below), the WP
Stockholders (as defined below), the Management Stockholders (as defined below)
and the Other Stockholders (as defined below) as of the date of such
consummation will own the number of shares of Common Stock (as defined below)
and options to purchase shares of Common Stock, each as set forth in the books
and records of the Company; and

      WHEREAS, each of the Stockholders desires to enter into this Agreement for
the purpose of regulating certain relationships of the Stockholders with regard
to the Company and certain restrictions on the Common Stock and other equity
securities owned by the Stockholders.

      NOW, THEREFORE, in consideration of the mutual promises, representations,
warranties, covenants and conditions set forth in this Agreement, and other good
and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties hereby agree as follows:

                                   DEFINITIONS

      Certain Matters of Construction. In addition to the definitions referred
to or set forth below in this Section 1:

            The words "hereof," "herein," "hereunder" and words of similar
      import shall refer to this Agreement as a whole and not to any particular
      Section or provision of this Agreement, and reference to a particular
      Section of this Agreement shall include all subsections thereof;

            References to Sections and Articles refer to Sections and Articles
      of this Agreement;

            Definitions shall be equally applicable to both nouns and verbs and
      the singular and plural forms of the terms defined; and

            The masculine, feminine and neuter genders shall each include the
      other.

      Definitions. For the purposes of this Agreement, the following terms shall
have the following meanings:

                                       1
<PAGE>

      "1933 Act" shall mean the Securities Act of 1933, as amended, or any
successor act.

      "1934 Act" shall mean the Securities Exchange Act of 1934, as amended, or
any successor act.

      "Acquired Shares" shall have the meaning as set forth in Section
2.2(b)(i).

      "Adverse Claim" shall have the meaning set forth in Section 8.102 of the
applicable Uniform Commercial Code.

      "Affiliate" shall mean, with respect to any specified Person, any other
Person which, directly or indirectly, through one or more intermediaries
controls, or is controlled by, or is under common control with, such specified
Person (for the purposes of this definition, "control" (including, with
correlative meanings, the terms "controlling," "controlled by" and "under common
control with"), as used with respect to any Person, means the possession,
directly or indirectly, of the power to direct or cause the direction of the
management or policies of such Person, whether through the ownership of voting
securities, by agreement or otherwise).

      "Agreement" shall have the meaning set forth in the first paragraph of
this Agreement.

      "Approved Company Sale" shall mean a sale of the Company (by sale of
securities, merger, consolidation, sale of substantially all of the assets, or
any similar transaction) if (a) it is consummated after the third anniversary
date of this Agreement, or (b) it results in the receipt by the WP Stockholders
of cash or Marketable Securities (valued at Fair Market Value) having a value of
at least equal to 200% of the Investment Price of the Shares held by the WP
Stockholders.

      "Associate" (i) when used to indicate a relationship with any Person shall
mean, (a) any corporation or organization of which such Person is an officer or
partner or is, directly or indirectly, the beneficial owner of ten percent (10%)
or more of any class of equity securities, (b) any trust or other estate in
which such Person has a substantial beneficial interest or as to which such
Person serves as a trustee or in a similar fiduciary capacity, and (c) any
relative of such Person who has the same home as such Person, is a parent,
sibling, spouse, in-law, child or grandchild of such Person, or the spouse of
any of them, or (ii) when used to indicate a relationship with the Company,
shall also mean a director or officer of the Company or any Subsidiary. Neither
the Company nor any of its Subsidiaries shall be deemed an Associate of any
Stockholder.

      "Berkshire Representatives" shall have the meaning as set forth in Section
2.6(a).

      "Berkshire Stockholders" shall mean (i) those Persons listed as the
Berkshire Stockholders on the signature pages hereof, and (ii) their Permitted
Transferees (other than the Company or the WP Stockholders), as evidenced by an
executed counterpart to this Agreement or a joinder to this Agreement, in either
case, indicating that such Permitted Transferee will be a Berkshire Stockholder.

      "Board" or "Board of Directors" shall mean the Board of Directors of the
Company as the same shall be constituted from time to time.

                                       2
<PAGE>

      "Board Determination Procedures" shall mean the procedures by which the
Board calculates the Board Participation Determination. Such procedures shall
include, but not be limited to, a good faith estimate by the Board of any
acceleration of vesting of any Time Options and/or Performance Options upon
consummation of the proposed Transfer, the Applicable Percentage (as defined in
the Performance Options), the IRR (as defined in the Performance Options) and
the number of Shares the prospective transferee will ultimately purchase in the
proposed Transfer.

      "Board Participation Determination" shall mean for each Management
Stockholder a good faith estimate of the number of Time Options which will vest
upon the consummation of the proposed Transfer and the number of Performance
Options which will vest and be earned upon consummation of the proposed
Transfer, determined in accordance with the Board Determination Procedures.

      "Call Event" shall have the meaning as set forth in Section 2.2(a).

      "Call Group" shall have the meaning as set forth in Section 2.2(a).

      "Call Notice" shall have the meaning as set forth in Section 2.2(a).

      "Call Option" shall have the meaning as set forth in Section 2.2(a).

      "Call Price" shall have the meaning as set forth in Section 2.2(b).

      "Call Securities" shall mean all of (i) the Shares, (ii) vested Time
Options, (iii) Rollover Options, (iv) vested and earned Performance Options and
(v) if the Determination Date has not yet occurred, vested and unearned
Performance Options, in each case which are owned by the members of the Call
Group on the date of a Call Event.

      "Cause" shall have the meaning as set forth below, except with respect to
any Management Stockholder who is employed by the Company or one of its
Subsidiaries pursuant to an effective written employment agreement, if any,
between the Company and/or one of its Subsidiaries and such Management
Stockholder in which there is a definition of "Cause," in which event the
definition of "Cause" as set forth in such employment agreement shall be deemed
to be the definition of "Cause" herein solely for such Management Stockholder
and only for so long as such employment agreement remains effective.

      In all other events, the term "Cause" shall mean that the Board of
Directors has determined in its reasonable judgment, that any one or more of the
following has occurred:

                  the Management Stockholder shall have been convicted of, or
            shall have pleaded guilty or nolo contendere to, any felony or any
            crime involving dishonesty or moral turpitude;

                  the Management Stockholder shall have breached, any
            non-competition agreements with the Company and/or its Affiliates;
            or

                                       3
<PAGE>

                  the Management Stockholder shall have openly disregarded his
            or her responsibilities to the Company and/or its Affiliates and
            shall have refused to devote substantial time and energy to the
            business and affairs of the Company and/or its Affiliates (other
            than due to Disability or temporary disability which, in the
            reasonable judgment of the Board of Directors, causes the Management
            Stockholder to be incapable of devoting such time and energy) within
            30 days after written notification by the Board of Directors that,
            in their good faith judgment, the Management Stockholder has
            consistently failed to do so.

      "Change in Control" shall mean (i) any transaction or series of related
transactions in which any Person other than the Berkshire Stockholders or the WP
Stockholders, shall (A) acquire, whether by purchase, exchange, tender offer,
merger, consolidation, recapitalization or otherwise, or (B) otherwise be the
owner of (as a result of a redemption of Shares or otherwise), Shares (or shares
in a successor corporation by merger, consolidation or otherwise) such that
following such transaction or transactions, such Person or group and their
respective Affiliates beneficially own fifty percent (50%) or more of the voting
power at elections for the board of directors of the Company or any successor
corporation, or (ii) the sale or transfer of all or substantially all of the
Company's assets and following such sale or transfer, there is a liquidation of
the Company.

      "Code" shall mean the Internal Revenue Code of 1986, as amended.

      "Come Along Percentage" shall have the meaning set forth in Section
2.5(a).

      "Common Stock" shall mean the Company's common stock, par value $.01 per
share, that the Company may be authorized to issue from time to time, any other
securities of the Company into which such Common Stock may hereafter be changed
or for which such Common Stock may be exchanged after giving effect to the terms
of such change or exchange (by way of reorganization, recapitalization, merger,
consolidation or otherwise) and shall also include any common stock of the
Company hereafter authorized and any capital stock of the Company of any other
class hereafter authorized which is not preferred as to dividends or
distribution of assets in liquidation over any other class of capital stock of
the Company and which has ordinary voting power for the election of directors of
the Company.

      "Common Stock Equivalents" shall mean all shares of Common Stock (i) owned
by, or (ii) issuable upon exercise of Performance Options (solely to the extent
such Performance Options, on or prior to the time the determination of Common
Stock Equivalents is made, are vested and earned), Time Options (solely to the
extent such Time Options, on or prior to the time the determination of Common
Stock Equivalents is made, are vested) and Rollover Options, held by, each
Stockholder.

      "Company" shall have the meaning set forth in the first paragraph of this
Agreement.

      "Company Note" shall have the meaning as set forth in Section 2.2(c).

      "Company Option Period" shall have the meaning as set forth in Section
2.1(c)(ii).

                                       4
<PAGE>

      "Company Sale" shall mean any transaction or a series of related
transactions through which the holders of Common Stock Equivalents and their
Affiliates immediately prior to the transaction or series of related
transactions shall own less than fifty percent (50%) of all Common Stock
Equivalents (including without limitation, all shares issued in respect of any
such Common Stock Equivalents by way of stock dividend, stock split or
combination of shares) immediately following the transaction or series of
related transactions.

      "Default" shall have the meaning as set forth in Section 2.2(c).

      "Determination Date" shall have the meaning ascribed it in the relevant
Performance Option certificate.

      "Disability" shall mean permanent disability within the meaning of Section
22(e)(3) of the Code, unless otherwise defined in a separate written employment
agreement between the Company and/or one of its Subsidiaries and the person
whose disability is in question in which event the definition of "Disability" as
set forth in such employment agreement shall be deemed to be the definition of
"Disability" herein solely for such person and only for so long as such
employment agreement remains effective.

      "earned" shall mean, when used in connection with Performance Options that
such Performance Options have been earned in accordance with the relevant
Incentive Plan and the certificates issued pursuant thereto.

      "Executive Put Event" shall have the meaning as set forth in Section
2.3(c).

      "Executive Put Notice" shall have the meaning as set forth in Section
2.3(c).

      "Executive Put Option" shall have the meaning as set forth in Section
2.3(c).

      "Executive Put Price" shall have the meaning as set forth in Section
2.3(c).

      "Executive Put Securities" shall mean the number of Rollover Shares and
Rollover Options held by the Executive Stockholder (or the Permitted Transferee
of the Executive Stockholder) exercising the Executive Stockholder Put pursuant
to Section 2.3(c) such that on the date of the Executive Put Event, the value of
the Executive Put Securities (valued at Fair Market Value) does not exceed the
Put Investment Price for such Executive Stockholder.

      "Executive Stockholder" shall mean Gerald Rittenberg and/or James
Harrison.

      "Fair Market Value" shall mean:

            (a)   with respect to Shares (other than Marketable Securities), the
                  fair value per share of the applicable Shares as of the
                  applicable date on the basis of a sale of such Shares in an
                  arms length private sale between a willing buyer and a willing
                  seller, neither acting under compulsion. In determining such
                  Fair Market Value, no discount shall be taken for constituting
                  a minority interest or for the illiquidity of such Shares and
                  no upward adjustment or discount shall be taken relating to
                  the fact that the Shares in question are subject to the
                  restrictions and entitled to the

                                       5
<PAGE>

                  rights provided hereunder. Such Fair Market Value shall be
                  determined in good faith by the Board of Directors.

            (b)   with respect to Marketable Securities, the average of the
                  daily average of the high and low sales price of such
                  Marketable Securities for the 10 days preceding the applicable
                  date.

      "Federal Bankruptcy Code" means Title 11 of the United States Code.

      "Holder" or "Holders" have the meaning as set forth in Section 3.1.

      "Incentive Plan" shall mean AAH Holdings Corporation 2004 Equity Incentive
Plan.

      "Investment Price" shall mean with respect to Shares, an amount per Share
equal to the price per Share paid (whether through cash or exchange of existing
securities, or otherwise) for such Share at the time of initial purchase thereof
(subject to appropriate adjustments for stock splits, recapitalizations and the
like).

      "Involuntary Transfer" shall have the meaning as set forth in Section
2.1(c)(vi).

      "Management Proxy" shall have the meaning as set forth in Section 4.1.

      "Management Representatives" shall have the meaning as set forth in
Section 2.6(a).

      "Management Stockholders" shall mean (i) those Persons listed as the
Management Stockholders on the signature pages hereof and (ii) their Permitted
Transferees (other than the Company), as evidenced by an executed counterpart to
the Agreement or a joinder to this Agreement, in either case, indicating that
such Permitted Transferee will be a Management Stockholder.

      "Marketable Securities" shall mean stocks and bonds of companies that are
immediately and freely tradable on stock exchanges or in over the counter
markets or that can otherwise readily be sold for cash.

      "Merger" shall mean the merger contemplated by the Merger Agreement.

      "Merger Agreement" shall have the meaning as set forth in the recitals.

      "Mid-term Applicable Federal Rate" shall mean the mid-term applicable
federal rate as defined in Section 1274 of the Code.

      "New Securities" shall have the meaning as set forth in Section 2.7(b).

      "Options" shall mean Performance Options, Time Options and Rollover
Options.

      "Other Stockholders" shall mean (i) those Persons listed as the Other
Stockholders on the signature pages hereof, (ii) their Permitted Transferees
(other than the Company) as evidenced by an executed counterpart to the
Agreement or a joinder to this Agreement, in either case,

                                       6
<PAGE>

indicating that such Permitted Transferee will be an Other Stockholder and (iii)
those Persons described in Section 4.13(iii).

      "Participating Offeree" shall have the meaning as set forth in Section
2.5(a).

      "Participation Notice" shall have the meaning as set forth in Section
2.5(a).

      "Participation Securities" shall have the meaning as set forth in Section
2.5(a).

      "Performance Options" shall mean, collectively, the options granted to
certain Management Stockholders under the Incentive Plan to purchase shares of
Common Stock, the number of vested and earned options of which is subject to the
attainment of certain targets set forth in the Incentive Plan and the option
certificates issued pursuant thereto.

      "Performance Option Note" shall mean, for purposes of Sections 2.2(b)(iii)
and 2.3(a)(iv), a note with a face amount equal to the difference between (i)
the Fair Market Value as of the date of such call or put, as the case may be, of
the Shares underlying Performance Options which have been called or put, and
(ii) the exercise price of such Performance Options. To the extent that the
Shares underlying such Performance Options vest and are earned in accordance
with their terms, the Performance Option Note will be payable by the Company at
the lesser of (x) its face amount, or (y) the difference between (A) the Fair
Market Value of the underlying Shares as of the Determination Date and (B) the
exercise price of such Performance Options.

      "Permitted Transfer" shall mean:

                  a Transfer of Shares by any Stockholder who is a natural
            person to (a) such Stockholder's spouse, children (including legally
            adopted children and stepchildren), spouses of children,
            grandchildren, spouses of grandchildren, parents or siblings; (b) a
            trust for the benefit of the Stockholder and/or any of the Persons
            described in clause (a); or (c) a corporation, limited partnership
            or limited liability company whose sole shareholders, partners or
            members, as the case may be, are the Stockholder and/or any of the
            Persons described in clause (a) or clause (b); provided, that in any
            of clauses (a), (b) or (c), the Stockholder transferring such Shares
            retains exclusive power to exercise all rights under this Agreement.

                  a Transfer of Shares by any Stockholder to the Company
            (including, without limitation, any pledge of Shares or Options to
            the Company);

                  a Transfer of Shares by a Stockholder upon death or incapacity
            to such Stockholder's estate, executors, administrators and personal
            representatives, and then to such Stockholder's legal
            representatives, heirs or legatees (whether or not such recipients
            are a spouse, children, spouses of children, grandchildren, spouses
            of grandchildren, parents or siblings of such Stockholder);
            provided, that, in the case of a Management Stockholder whose Shares
            were subject to the provisions of Section 2.2 immediately prior to
            such Management Stockholder's death, the Company has not exercised
            its Call Option with respect to such Shares under Section 2.2;

                                       7
<PAGE>

                  a Transfer of Shares (a) by the Berkshire Stockholders to any
            Affiliate of Berkshire Partners LLC or any of the employees,
            partners, members or Affiliates of such Berkshire Stockholder or any
            such Affiliate, (b) between any Berkshire Stockholders; (c) by the
            WP Stockholders to any Affiliate of Weston Presidio Service Company
            LLC or any of the employees, partners, members or Affiliates of such
            WP Stockholder or any such Affiliate, (d) between any WP
            Stockholders or (e) between any WP Stockholders and any Berkshire
            Stockholders;

                  a Transfer of Shares by any Other Stockholder who is not a
            natural person to any Affiliate of such Other Stockholder;

provided, however, that Performance Options, Time Options and Rollover Options
may only be transferred in accordance with the terms of the Incentive Plan; and
provided, further, that a Permitted Transfer from a Management Stockholder
(other than an Executive Stockholder) to any Permitted Transferee must be
approved by the Management Proxy; and provided, further, that no Permitted
Transfer shall be effective unless and until the transferee of the Shares,
Performance Options, Time Options or Rollover Options so transferred complies
with Section 4.13 including without limitation, executing and delivering to the
Company a counterpart of this Agreement and agreeing to be bound hereunder in
the same manner and to the same extent as the Stockholder from whom the Shares,
Performance Options, Time Options or Rollover Options were transferred. Except
in the case of a Permitted Transfer pursuant to clause (ii) above, from and
after the date on which a Permitted Transfer becomes effective, the Permitted
Transferee of the Shares, Performance Options, Time Options or Rollover Options
so transferred shall have the same rights, and shall be bound by the same
obligations, under this Agreement as the transferor of such Shares, Performance
Options, Time Options or Rollover Options and shall be deemed for all purposes
hereunder (i) a "Berkshire Stockholder" in the case of a Permitted Transfer from
a Berkshire Stockholder (other than pursuant to clause (iv)(e) in which case
such Permitted Transferee shall be a WP Stockholder), (ii) a "WP Stockholder" in
the case of a Permitted Transfer from a WP Stockholder (other than pursuant to
clause (iv)(e) in which case such Permitted Transferee shall be a Berkshire
Stockholder), (iii) a "Management Stockholder" in the case of a Permitted
Transfer from a Management Stockholder or (iv) an "Other Stockholder" in the
case of a Permitted Transfer from an Other Stockholder. No Permitted Transfer
shall conflict with or result in any violation of a judgment, order, decree,
statute, law, ordinance, rule or regulation.

      "Permitted Transferee" shall mean any Person who shall have acquired and
who shall hold Shares, Performance Options, Time Options or Rollover Options
pursuant to a Permitted Transfer.

      "Person" shall mean any individual, partnership, corporation, association,
limited liability company, trust, joint venture, unincorporated organization or
entity, or any government, governmental department or agency or political
subdivision thereof.

      "Proportionate Share" shall have the meaning as set forth in Section
2.1(c)(iii)

      "Proprietary Information" shall have the meaning as set forth in Section
2.9.

                                       8
<PAGE>

      "Public Offering" shall mean the completion of a sale of Common Stock
pursuant to a registration statement which has become effective under the 1933
Act (excluding registration statements on Form S-4, S-8 or similar limited
purpose forms), in which the Common Stock shall be listed and traded on a
national exchange or on the NASDAQ National Market System.

      "Put Event" shall have the meaning as set forth in Section 2.3(a).

      "Put Investment Price" shall mean, for each Executive Stockholder, the
amount set forth opposite the name of such Executive Stockholder on Exhibit A
hereof.

      "Put Notice" shall have the meaning as set forth in Section 2.3(a).

      "Put Option" shall have the meaning as set forth in Section 2.3(a).

      "Put Price" shall have the meaning as set forth in Section 2.3(b).

      "Put Securities" shall mean all of (i) the Shares, (ii) vested Time
Options, (iii) Rollover Options, (iv) vested and earned Performance Options and
(v) if the Determination Date has not yet occurred, vested and unearned
Performance Options, in each case which are owned by the Management Stockholder
on the date of a Put Event.

      "Qualified Initial Public Offering" shall mean an underwritten initial
pubic offering of shares (i) resulting in proceeds to the Company and, if
applicable, to any selling Stockholders, of not less than $25 million, (ii)
unless otherwise waived by the WP Stockholders, at an offering price which, when
multiplied by the number of Shares then held by the WP Stockholders (and their
Permitted Transferees) and adding the amount of all cash and/or Marketable
Securities therefore received by the WP Stockholders (and their Permitted
Transferees), is at least equal to the Investment Price initially paid by the WP
Stockholders for their Shares at closing; and (iii) following which the Shares
are listed for trading on the New York Stock Exchange or the NASDAQ National
Market.

      "register," "registered" and "registration" shall have the meaning as set
forth in Section 3.1.

      "Registrable Securities" shall mean (i) all shares of Common Stock held by
any Stockholder, (ii) all shares of Common Stock issuable upon the exercise of
Performance Options, Time Options and Rollover Options, in each case, to the
extent exercisable, held by any Stockholder, and (iii) any other common equity
securities of the Company issued in exchange for, upon a reclassification of, or
in a distribution with respect to, such Common Stock. As to any particular
Registrable Securities, such securities shall cease to be Registrable Securities
when (a) a registration statement (other than a registration statement on Form
S-8) with respect to the sale of such securities shall have become effective
under the 1933 Act and such securities shall have been disposed of in accordance
with such registration statement, (b) a registration statement on Form S-8 with
respect to such securities shall have become effective under the 1933 Act, or
(c) such securities shall have been sold under Rule 144 (or any successor
provision) under the 1933 Act and such securities may be resold by the Holder
thereof without registration under the 1933 Act.

                                       9
<PAGE>

      "Rollover Options" shall mean, collectively, the vested options retained
by certain Management Stockholders under the Incentive Plan, to purchase shares
of Common Stock on the terms set forth therein and in the Stock Option
Agreements issued pursuant thereto.

      "Rollover Shares" shall mean, collectively, the Shares received by the
Executive Stockholders immediately prior to the consummation of the Merger in
exchange for shares of common stock of Amscan Holdings, Inc.

      "Sale Request" shall have the meaning as set forth in Section 2.4(a).

      "Schedule" shall refer to the Schedule of Stockholders attached hereto as
Exhibit B, as amended from time to time.

      "SEC" shall mean the United States Securities and Exchange Commission.

      "Seller" shall have the meaning as set forth in Section 2.4(a).

      "Shares" shall mean (i) shares of Common Stock held by Stockholders from
time to time, or (ii) securities of the Company issued in exchange for, upon
reclassification of, or as a distribution in respect of, the foregoing.

      "Stockholders" shall mean, collectively, the Berkshire Stockholders, the
WP Stockholders, the Management Stockholders and the Other Stockholders.

      "Subsidiary" with respect to any entity (the "parent") shall mean any
corporation, company, firm, association or trust of which such parent, at the
time in respect of which such term is used, (i) owns directly or indirectly more
than fifty percent (50%) of the equity or beneficial interest, on a consolidated
basis, or (ii) owns directly or controls with power to vote, directly or
indirectly through one or more Subsidiaries, shares of the equity or beneficial
interest having the power to elect more than fifty percent (50%) of the
directors, trustees, managers or other officials having powers analogous to that
of directors of a corporation. Unless otherwise specifically indicated, when
used herein the term Subsidiary shall refer to a direct or indirect Subsidiary
of the Company.

      "Take Along Group" shall have the meaning as set forth in Section 2.4(a).

      "Third Party" shall mean any Person other than the Company.

      "Time Options" shall mean, collectively, the time vested options, granted
to certain Management Stockholders under the Incentive Plan, to purchase shares
of Common Stock on the terms set forth therein and in the certificates and
agreements issued pursuant thereto.

      "Transfer" shall mean to transfer, sell, assign, pledge, hypothecate,
give, create a security interest in or lien on, place in trust (voting or
otherwise), assign or in any other way encumber or dispose of, directly or
indirectly and whether or not by operation of law or for value, any Shares,
Performance Options, Time Options or Rollover Options.

      "Transfer Date" shall have the meaning as set forth in Section 2.1(c)(i).

                                       10
<PAGE>

      "Transferor" shall have the meaning as set forth in Section 2.5(a).

      "Transferring Stockholder" shall have the meaning as set forth in Section
2.1(c)(i).

      "Voluntary Termination" shall mean any voluntary termination of employment
with the Company or a Subsidiary of the Company by a Management Stockholder,
except as otherwise specified in an effective written agreement, if any, between
the Company and/or one of its Subsidiaries and such Management Stockholder. The
term Voluntary Termination shall not include termination of employment due to
death, Disability or retirement in accordance with Company policy.

      "WP Representatives" shall have the meaning as set forth in Section
2.6(a).

      "WP Stockholders" shall mean (i) those Persons listed as the WP
Stockholders on the signature pages hereof, and (ii) their Permitted Transferees
(other than the Company or the Berkshire Stockholders), as evidenced by an
executed counterpart to this Agreement or a joinder to this Agreement, in either
case, indicating that such Permitted Transferee will be a WP Stockholder.

                            COVENANTS AND CONDITIONS

      Subject to the provisions of Section 4.8 hereof relating to the
termination of certain provisions of this Agreement, the following covenants and
conditions shall apply.

      Restrictions on Transfers; Involuntary Transfers.

            No Management Stockholder or Other Stockholder may Transfer all or
      any of the Shares owned by such Management Stockholder or Other
      Stockholder to any Person other than (i) a Permitted Transferee, (ii)
      pursuant to Section 2.2, (iii) pursuant to the exercise of the Put Option
      set forth in Section 2.3, (iv) pursuant to Section 2.4 in accordance with
      a Sales Request, or (v) pursuant to Section 2.5 as a Participating
      Offeree. Any attempted Transfer of Shares not permitted by this Section
      2.1 shall be null and void, and the Company shall not in any way give
      effect to such nonpermissible Transfer. Any attempted Transfer of
      Performance Options, Time Options or Rollover Options not permitted by the
      Incentive Plan shall be null and void, and the Company shall not in any
      way give effect to such nonpermissible Transfer.

            Transferred Shares Subject to Transfer Restrictions. Except for
      transfers to the Company, any Shares Transferred pursuant to this Section
      2.1 shall remain subject to the Transfer restrictions of this Agreement
      and each intended transferee pursuant to this Section shall execute and
      deliver to the Company a counterpart of this Agreement, which shall
      evidence such transferee's agreement that the Shares intended to be
      transferred shall continue to be subject to this Agreement and that as to
      such Shares the transferee shall be bound by the restrictions of this
      Agreement as a Stockholder hereunder.

                                       11
<PAGE>

            Involuntary Transfers.

                  Any Stockholder who is the subject of an Involuntary Transfer
            (as defined below) (the "Transferring Stockholder"), shall notify
            the Company and the other Stockholders in writing within ten (10)
            days of such Involuntary Transfer (but the failure to give such
            notice shall not affect the rights of the parties hereunder). For
            purposes of this Section 2.1(c), the later of receipt of such notice
            by the Company and the other Stockholders and the date of such
            Involuntary Transfer shall be the "Transfer Date".

                  For a period of twenty (20) days after the Transfer Date (the
            "Company Option Period"), the Company may, by notice in writing to
            the Transferring Stockholder, elect in writing to purchase any or
            all of the Shares subject to the Involuntary Transfer at the Fair
            Market Value of such Shares.

                  If the Company does not elect to purchase any of the Shares
            subject to the Involuntary Transfer, or exercises such right only
            with respect to a portion of such Shares, then for a period of
            twenty (20) days commencing on the earlier of (a) the date, if any,
            that the Transferring Stockholder notifies the other Stockholders in
            writing that the Company has determined either not to exercise such
            right of purchase or to exercise such right only with respect to a
            portion of the Shares subject to the Involuntary Transfer, and (b)
            the expiration of the Company Option Period, the other Stockholders
            shall have the right to purchase all or any portion of such Shares
            subject to the Involuntary Transfer not so elected to be purchased
            by the Company, at the Fair Market Value of such Shares. The
            specific number of such Shares subject to the Involuntary Transfer
            remaining after the Company has exercised its right pursuant to
            clause (ii) to which each other Stockholder shall be entitled to
            purchase shall be determined on a pro rata basis in proportion to
            the respective number of shares of Common Stock owned beneficially
            by each such Stockholder as of the Transfer Date in relation to the
            total number of shares of Common Stock owned beneficially by all
            such Stockholder (for each such Stockholder, its "Proportionate
            Share"). Each such Stockholder shall also be entitled to indicate a
            desire to purchase all or a portion of any Shares subject to the
            Involuntary Transfer remaining after such pro rata allocation. Each
            such Stockholder shall be allocated the maximum amount of Shares
            subject to the Involuntary Transfer set forth in such Stockholder's
            offer to purchase, unless such allocation would result in the
            allocation of more securities in the aggregate than are available
            for purchase by the other Stockholders, in which case such Shares
            subject to the Involuntary Transfer shall be allocated among the
            Stockholders pro rata in accordance with each such Stockholder's
            Proportionate Share; provided, however, that if the foregoing
            results in any Stockholder being allocated more than the maximum
            amount of Shares subject to the Involuntary Transfer specified in
            such Stockholder's offer to purchase, such Stockholder will be
            allocated such maximum amount and the excess will be allocated as
            provided in this sentence (including this proviso).

                                       12
<PAGE>

                  Any Shares subject to the Involuntary Transfer not accepted
            pursuant to clauses (ii) and (iii) above shall be Transferred in
            accordance with the terms and conditions of the Involuntary
            Transfer.

                  The closing of the purchase and sale of any Shares subject to
            the Involuntary Transfer hereunder shall be held at the offices of
            the Company on such dates and times as the parties may agree but in
            all events within twenty (20) days following termination of the
            offer period granted to the other Stockholders.

                  For purposes of this Agreement, the term "Involuntary
            Transfer" shall mean any involuntary sale, transfer, encumbrance or
            other disposition (other than as a result of the death of the
            Stockholder) by or in which any Stockholder shall be deprived or
            divested of any right, title or interest in or to any Shares,
            including without limitation (I) any levy of execution, transfer in
            connection with bankruptcy, reorganization, insolvency or similar
            proceedings, (II) any transfer to a public officer or agency
            pursuant to any abandoned property or escheat law, or (III) any
            transfer to the spouse of an individual or change in the record
            holder made pursuant to divorce proceedings. A Transfer pursuant to
            Section 2.2 shall not be deemed to be an Involuntary Transfer.

      Call by the Company of Management Stockholders' Equity Interests.

            Upon the termination of the employment of any Management Stockholder
      by the Company or any of its Subsidiaries (a "Call Event") for any reason,
      the Company or its designee shall have the right to purchase (the "Call
      Option"), by delivery of a written notice (the "Call Notice") to such
      terminated Management Stockholder no later than ninety (90) days after the
      date of such Call Event, and such Management Stockholder and such
      Management Stockholder's Permitted Transferees (collectively, the "Call
      Group") shall be required to sell all (but not less than all) of the Call
      Securities at a price per share (or per option) equal to the Call Price
      (as defined below) of such Call Securities determined as of the date of
      repurchase pursuant to the Call Notice.

         For purposes of this Section 2.2, the term "Call Price" shall mean:

            With respect to Rollover Shares and other Shares acquired on or
         after the date hereof (whether by purchase, upon exercise of Options or
         otherwise (the "Acquired Shares")):

                  in the event of a termination of a Management Stockholder's
            employment (A) by the Company without Cause, (B) by virtue of death
            or Disability, (C) upon retirement in accordance with Company
            policy, or (D) by Voluntary Termination on or after the third
            anniversary of the date hereof, the Fair Market Value of such
            Management Stockholder's Rollover Shares and Acquired Shares;

                  in the event of a termination of a Management Stockholder's
            employment by Voluntary Termination prior to the third anniversary
            of the date hereof (A) the Fair Market Value of any Rollover

                                       13
<PAGE>

            Shares and Acquired Shares (including Shares acquired upon the
            exercise of Rollover Options, but not including Shares acquired upon
            the exercise of Time Options or Performance Options), or (B) the
            lower of (x) the Investment Price or (y) the Fair Market Value of
            any Acquired Shares acquired upon the exercise of Time Options or
            Performance Options;

                        in the event of a termination of a Management
            Stockholder's employment by the Company for Cause, the lower of (x)
            the Investment Price or (y) the Fair Market Value of such Management
            Stockholder's Rollover Shares and Acquired Shares;

            With respect to any vested Time Options, vested and earned
      Performance Options or Rollover Options, the difference between (x) the
      Call Price for the Shares underlying such Time Options, Performance
      Options or Rollover Options, as the case may be (calculated as if the
      Shares underlying such Time Options, Performance Options or Rollover
      Options, as the case may be, were outstanding and had been called pursuant
      to this Section 2.2 and therefore calculated in accordance with the
      procedures set forth in clauses 2.2(b)(i) above) minus (y) the exercise
      price of such vested Time Options, vested and earned Performance Options
      or Rollover Options, as the case may be; provided, that such difference
      shall not be less than zero;

            with respect to vested Performance Options which have been called
      pursuant to this Section prior to a Determination Date (so it is not then
      known how many, if any, of such Performance Options will be earned), the
      Company will issue, in exchange for such securities, a Performance Option
      Note to the Management Stockholder.

            with respect to any unvested Time Options or unvested or unearned
      Performance Options, such Options shall automatically expire as set forth
      in the Option Certificates pursuant to which they were granted.

            The closing of any purchase of Call Securities by the Company
      pursuant to Section 2.2(a) shall take place at the principal office of the
      Company no later than 185 days after the Call Event. At such closing, the
      Company shall deliver to the Call Group consideration in an amount equal
      to the aggregate Call Price payable in respect of such Call Securities
      against delivery of (i) original stock certificates and stock powers duly
      endorsed in favor of the Company representing the Call Securities, and
      (ii) an executed agreement, in form reasonably satisfactory to the
      Company, evidencing the cancellation of any Time Options, Rollover Options
      and Performance Options purchased at such closing. The Company shall pay
      the Call Price by paying the Call Group in cash and, if applicable, a
      Performance Option Note, as described in clause (b)(iii) above); provided,
      however, that in the event that any such cash payment could, in the
      reasonable judgment of the Board, cause the Company or any Subsidiary to
      be in violation of applicable law or in default under or otherwise in
      violation of the terms of any senior secured or other material loan or
      credit agreement to which the Company or any of its Subsidiaries is a
      party (a "Default"), the Company shall pay such cash portion of the Call
      Price by issuing

                                       14
<PAGE>

      a subordinated promissory note in a principal amount equal to the cash
      portion of the purchase price (the "Company Note"). The principal of such
      note will be due and payable in five equal annual installments, the first
      such installment becoming due and payable on the first anniversary of the
      issuance of such note, and interest will accrue thereon at a rate equal to
      the Mid-term Applicable Federal Rate plus three percent (3%) from the date
      of issuance of the Company Note and will be payable quarterly in arrears.
      Such Company Note may be prepaid by the Company in whole at any time or in
      part from time to time without premium or penalty and shall otherwise be
      in the form acceptable to the Board; provided, however, that if at any
      time after a Company Note has been issued, the Board determines that
      prepaying such Company Note in whole would not reasonably be likely to
      cause a Default, the Company Note shall then be prepaid in full at such
      time. Notwithstanding anything to the contrary in this Agreement, the
      Company shall not be obligated to make any cash payment pursuant to this
      Section 2.2(c) or any cash payment of principal or interest due under a
      Company Note if such payment would cause a Default. In the event the
      Company cannot make any cash payment under this Section 2.2(c) or the cash
      payments of principal and interest due under a Company Note because it is
      in Default or would be in Default by virtue of such payments, the Company
      will undertake to make such payments at such time as the Company is no
      longer in, or would no longer be by virtue of such payments in, Default.

      Management Stockholder Put.

            Upon the termination of the employment of any Management Stockholder
      with the Company or any of its Subsidiaries (a "Put Event") by virtue of
      death or Disability, then such Management Stockholder (and each Permitted
      Transferee of such Management Stockholder who has been transferred Shares
      pursuant to this Agreement from such Management Stockholder) shall have
      the right to sell (the "Put Option"), by delivery of a written notice (the
      "Put Notice") to the Company no later than sixty (60) days after the date
      of such Put Event, and the Company shall be required to purchase all (but
      not less than all) of the Put Securities at a price per share equal to the
      Put Price (as defined below) of such Put Securities as of the date the Put
      Notice is delivered. For purposes of this Section 2.3(a), the term "Put
      Price" shall mean:

                  with respect to any Shares held by a Management Stockholder or
            his Permitted Transferees, the Fair Market Value of such Shares;

                  with respect to any vested Time Options, the difference
            between (x) the Put Price for the Shares underlying such Time
            Options (calculated as if the Shares underlying such Time Options
            were outstanding and had been put pursuant to this Section 2.3(a)
            and therefore calculated in accordance with the procedures set forth
            in clause (i) above) minus (y) the exercise price of such vested
            Time Options; provided, that such difference shall not be less than
            zero;

                  with respect to any vested and earned Performance Options, the
            difference between (x) the Put Price for the Shares underlying such
            Performance Options (calculated as if the Shares underlying such
            Performance Options were outstanding and had been put pursuant to
            this Section 2.3(a) and therefore

                                       15
<PAGE>

            calculated in accordance with the procedures set forth in clause (i)
            above) minus (y) the exercise price of such vested and earned
            Performance Options; provided, that such difference shall not be
            less than zero; and

                  with respect to any vested Performance Options which have been
            put pursuant to this section prior to a Determination Date (so it is
            not known how many, if any, of such Performance Options will be
            earned), a Performance Option Note.

            The closing of any purchase of Put Securities by the Company
      pursuant to Section 2.3(a) shall take place at the principal office of the
      Company no later than the 60th day after the Put Event. At such closing,
      the Company shall deliver to the Management Stockholder (and his Permitted
      Transferees, as the case may be) exercising the Put Option consideration
      in an amount equal to the aggregate Put Price payable in respect of such
      Put Securities against delivery of (i) original stock certificates and
      stock powers duly endorsed in favor of the Company representing the Put
      Securities, and (ii) an executed agreement, in form reasonably
      satisfactory to the Company, evidencing the cancellation of any Options
      purchased at such Closing. The Company shall pay the Put Price by paying
      the Management Stockholder (and his or her Permitted Transferees, as the
      case may be) in cash; provided, however, that in the event that any such
      cash payment would cause the Company or any Subsidiary to be in Default,
      the Company shall pay such cash portion of the Put Price by issuing a
      Company Note. The principal of such Company Note will be due and payable
      in five equal annual installments, the first such installment becoming due
      and payable on the first anniversary of the issuance of such note, and
      interest will accrue thereon at a rate equal to the Mid-term Applicable
      Federal Rate plus three percent (3%) from the date of issuance of the
      Company Note and will be payable in quarterly arrears. Such Company Note
      may be prepaid by the Company in whole at any time or in part from time to
      time without premium or penalty and shall otherwise be in the form
      acceptable to the Board; provided, however, that if at any time after a
      Company Note has been issued, the Board determines that prepaying such
      Company Note in whole would not reasonably be likely to cause a Default,
      the Company Note shall then be prepaid in full at such time.
      Notwithstanding anything to the contrary in this Agreement, the Company
      shall not be obligated to make any cash payment pursuant to this Section
      2.3(b) or any cash payment of principal or interest due under a Company
      Note if such cash payment would cause a Default. In the event the Company
      cannot make any cash payment under this Section 2.3(b) or the cash
      payments of principal and interest due under a Company Note because it is
      in Default or would be in Default by virtue of such payments, the Company
      will undertake to make such payment at such time as the Company is not
      longer in, or would no longer be by virtue of such payments in, Default.

            Without duplication of clause (a), upon the termination of the
      employment of either Executive Stockholder with the Company (a "Executive
      Put Event") by virtue of (i) death or Disability, (ii) by the Company
      without Cause, or (iii) by virtue of retirement in accordance with Company
      policy at or after age 62, then such Executive Stockholder (and each
      Permitted Transferee of such Executive Stockholder who has been
      transferred Shares pursuant to this Agreement from such Executive
      Stockholder) shall have the right

                                       16
<PAGE>

      to sell (the "Executive Put Option"), by delivery of a written notice (the
      "Executive Put Notice") to the Company no later than sixty (60) days after
      the date of such Executive Put Event, and the Company shall be required to
      purchase the Executive Put Securities at a price per share equal to the
      Executive Put Price (as defined below) of such Executive Put Securities as
      of the date the Executive Put Notice is delivered. For purposes of this
      Section 2.3(c), the term "Executive Put Price" shall mean

                  with respect to Rollover Options held by such Executive
            Stockholder, the difference between (x) the Fair Market Value of the
            Shares underlying such Rollover Option and (y) the exercise price of
            such Rollover Option; and

                  with respect to Rollover Shares held by such Executive
            Stockholder, the Fair Market Value of such Rollover Shares.

            The closing of any purchase of Executive Put Securities by the
      Company pursuant to Section 2.3(c) shall take place at the principal
      office of the Company no later than the 60th day after the Executive Put
      Event. At such closing, the Company shall deliver to the Executive
      Stockholder (and his Permitted Transferees, as the case may be) exercising
      the Executive Put Option consideration in an amount equal to the aggregate
      Executive Put Price payable in respect of such Executive Put Securities
      against delivery of (i) original stock certificates and stock powers duly
      endorsed in favor of the Company representing the Executive Put
      Securities, and (ii) an executed agreement, in form reasonably
      satisfactory to the Company, evidencing the cancellation of any Rollover
      Options purchased at such Closing. The Company shall pay the Executive Put
      Price by paying the Executive Stockholder (and his or her Permitted
      Transferees, as the case may be) in cash; provided, however, that in the
      event that any such cash payment would cause the Company or any Subsidiary
      to be in Default, the Company shall pay such cash portion of the Executive
      Put Price by issuing a Company Note. The principal of such Company Note
      will be due and payable in five equal annual installment, the first such
      installment becoming due and payable on the first anniversary of the
      issuance of such note, and interest will accrue thereon at a rate equal to
      the Mid-term Applicable Federal Rate plus three percent (3%) from the date
      of issuance of the Company Note and will be payable in quarterly arrears.
      Such Company Note may be prepaid by the Company in whole at any time or in
      part from time to time without premium or penalty and shall otherwise be
      in the form acceptable to the Board; provided, however, that if at any
      time after a Company Note has been issued, the Board determines that
      prepaying such Company Note in whole would not reasonably be likely to
      cause a Default, the Company Note shall then be prepaid in full at such
      time. Notwithstanding anything to the contrary in this Agreement, the
      Company shall not be obligated to make any cash payment pursuant to this
      Section 2.3(d) or any cash payment of principal or interest due under a
      Company Note if such cash payment would cause a Default. In the event the
      Company cannot make any cash payment under this Section 2.3(d) or the cash
      payments of principal and interest due under a Company Note because it is
      in Default or would be in Default by virtue of such payments, the Company
      will undertake to make such payment at such time as the Company is not
      longer in, or would no longer be by virtue of such payments in, Default.

      Take Along.

                                       17
<PAGE>

            If at any time, any of the Stockholders constituting more than fifty
      (50%) of the Common Stock Equivalents, individually or acting as a group
      (such Stockholders, as applicable, being referred to herein as the "Take
      Along Group") elect to consummate, or cause the Company to consummate, a
      Company Sale to a Third Party which is not an Affiliate of any Stockholder
      included in the Take Along Group, then upon twenty (20) days' written
      notice by the Take Along Group to each other Stockholder, which notice
      shall set forth the terms and conditions of such proposed Company Sale,
      including the name of the prospective transferee, the number of shares of
      Common Stock and Common Stock Equivalents proposed to be sold by the Take
      Along Group in the Company Sale, the consideration to be received by the
      Take Along Group and the proposed time and place of closing (such notice
      being referred to as the "Sale Request"), each other Stockholder (each, a
      "Seller"), in the event the Company Sale is consummated, shall be
      obligated to consummate, consent to and raise no objection to the proposed
      Company Sale and take all other actions reasonably necessary or desirable
      to consummate the proposed Company Sale on the terms proposed by the Take
      Along Group as set forth in the Sale Request. Without limiting the
      generality of the foregoing, (i) if the Company Sale is structured as a
      merger, consolidation or similar business transaction, each Seller will
      vote or cause to be voted all Shares that he holds or with respect to
      which he has the power to direct the voting and which he is entitled to
      vote on such proposed Company Sale in favor of such proposed Company Sale
      and will waive all appraisal and dissenters rights and hereby grants a
      proxy in favor of the Take Along Group to vote the Seller's Shares in
      accordance with this Section 2.4(a) and (ii) if the Company Sale is
      structured as a sale or redemption of Common Stock, each Seller will agree
      to sell his pro rata portion of Common Stock Equivalents (including his
      pro rata portion of Time Options, Rollover Options and Performance Options
      which would become Common Stock Equivalents by reason of the Company Sale)
      being sold in the Company Sale on the same terms and conditions as the
      Take Along Group. A Stockholder's pro rata portion, for purposes of this
      Section 2.4(a), is the product of (i) a fraction, the numerator of which
      is the number of outstanding Common Stock Equivalents which such
      Stockholder then owns and the denominator of which is the total number of
      such Common Stock Equivalents then actually outstanding and (ii) the total
      number of Common Stock Equivalents being sold in the Company Sale. Each
      proxy granted above in this Section 2.4(a) is irrevocable, coupled with an
      interest and shall survive until the expiration of the provisions of this
      Section 2.4(a). If required, each Seller shall (i) deliver certificates
      for all of its Shares being Transferred pursuant to this Section 2.4(a) at
      the closing of the proposed Transfer, free and clear of all claims, liens
      and encumbrances. The terms and conditions of any sale pursuant to this
      Section 2.4(a) shall be the same as set forth in the Sale Request;
      provided, however, that in the case of Performance Options, Time Options
      and Rollover Options, the holders of such securities shall have the
      opportunity to either (i) exercise such Performance Options, Time Options
      and Rollover Options (if such Performance Options, Time Options or
      Rollover Options are exercisable or would be exercisable upon consummation
      of the Company Sale) and participate in such sale as holders of Common
      Stock issuable upon such exercise, or (ii) upon the consummation of the
      sale, receive in exchange for such Performance Options, Time Options and
      Rollover Options the amount determined by multiplying (1) the same amount
      of consideration per share received by the Stockholders for which the
      Performance Option, Time Option or Rollover Option is exercisable less the
      exercise price or conversion price per share of such Performance

                                       18
<PAGE>

      Option, Time Option or Rollover Option by (2) the number of shares of
      Common Stock represented by such Performance Options, Time Options and
      Rollover Options.

            Each Stockholder, whether in his capacity as a Seller, Stockholder,
      officer or director of the Company, or otherwise, shall take or cause to
      be taken all commercially reasonable actions in order expeditiously to
      consummate any Company Sale and any related transactions, including,
      without limitation, executing, acknowledging and delivering consents,
      assignments, waivers and other documents or instruments as may be
      reasonably requested and otherwise cooperating with the Take Along Group
      and any prospective buyer; provided, however, that Stockholders shall be
      obligated to become liable in respect of any representations, warranties,
      covenants, indemnities or otherwise to the Third Party solely to the
      extent provided in the immediately following sentence. Without limiting
      the generality of the foregoing, each Stockholder agrees to execute and
      deliver such agreements as may be reasonably specified by the Take Along
      Group to which such Take Along Group will also be party, including,
      without limitation, agreements to (i) (1) make individual representations,
      warranties, covenants and other agreements as to the unencumbered title to
      its Shares and the power, authority and legal right to Transfer such
      Shares and the absence of any Adverse Claim with respect to such Shares
      and (2) be liable without limitation as to such representations,
      warranties, covenants (including without limitation, covenants not to
      compete, as appropriate) and other agreements and (ii) be liable (whether
      by purchase price adjustment, indemnity payments or otherwise) in respect
      of representations, warranties, covenants and agreements in respect of the
      Company and its subsidiaries; provided, however, that the aggregate amount
      of liability described in this clause (ii) in connection with any Company
      Sale shall not exceed the lesser of (I) such Stockholder's pro rata
      portion of any such liability, to be determined in accordance with such
      Stockholder's portion of the total value for his, her or its Shares
      included in such Company Sale or (II) the proceeds to such Stockholder in
      connection with such Company Sale.

            The provisions of this Section 2.4 shall only apply to the WP
      Stockholders in the event that either the Company Sale is an Approved
      Company Sale or the WP Stockholders otherwise consent to such Company
      Sale.

            Come Along. No Stockholder may Transfer Shares to a Third Party who
      is not a Permitted Transferee without complying with the terms and
      conditions set forth in this Section 2.5.

            Any Stockholder or group of Stockholders when desiring to Transfer
      Shares (the "Transferor") shall give not less than fifteen (15) days prior
      written notice of such intended Transfer to each other Stockholder and the
      Company. Such notice (the "Participation Notice") shall set forth the
      terms and conditions of such proposed Transfer, including the name of the
      prospective transferee, the number of Shares proposed to be transferred
      (the "Participation Securities") by the Transferor, the percentage of the
      total number of shares of Common Stock held by the Transferor that the
      Participation Securities constitutes of such class (the "Come Along
      Percentage"), the purchase price per share of Common Stock proposed to be
      paid therefor, the payment terms and type of transfer to be effectuated
      and the proposed time and place of closing. Within fifteen (15)

                                       19
<PAGE>

      days following the delivery of the Participation Notice by the Transferor
      to each other Stockholder and to the Company, each other Stockholder
      desiring to participate in such proposed Transfer (each, a "Participating
      Offeree") shall, by notice in writing to the Transferor and to the
      Company, have the opportunity and right to sell to the purchasers in such
      proposed Transfer (upon the same terms and conditions as the Transferor)
      up to that number of shares of Common Stock, as the case may be, subject
      to the last sentence of Section 2.5(c) below, as shall equal the product
      of (i) the Come Along Percentage for the Common Stock, as the case may be,
      and (ii) the number of shares of Common Stock which will be owned by such
      Participating Offeree as of the proposed date of closing set forth in the
      Participation Notice without giving effect to the transfer contemplated
      hereby; provided, however, that for purposes of determining whether
      Options owned by a Management Stockholder will be vested (in the case of
      Time Options) or vested and earned (in the case of Performance Options),
      such determination will be made after giving effect to the transfer
      contemplated hereby and the Board, in its reasonable judgment, within five
      (5) business days after the Participation Notice is delivered to the
      Company, will make a Board Participation Determination for each Management
      Stockholder and notify such Management Stockholder of such Board
      Participation Determination. No Management Stockholder may participate in
      the proposed Transfer with respect to any Options which may vest in the
      case of Time Options or vest and be earned in the case of Performance
      Options upon consummation of the Transfer in excess of the Board
      Participation Determination and notwithstanding the Board Participation
      Determination, no Management Stockholder may sell or transfer in the
      proposed Transfer any unvested Time Options or any unvested or unearned
      Performance Options if such options do not become vested (in the case of
      Time Options) or vested and earned (in the case of Performance Options)
      upon consummation of the proposed Transfer. The Transferor shall attempt
      to obtain inclusion in the proposed Transfer of the entire number of
      Shares which the Transferor and the Participating Offerees desire to have
      included in the proposed Transfer. In the event the Transferor shall be
      unable to obtain the inclusion of such entire number of shares of Common
      Stock in the proposed Transfer, the number of shares of Common Stock to be
      sold in the Proposed Transfer by each Participating Offeree and the
      Transferor shall be determined in accordance with Section 2.5(c) below.
      The terms and conditions of any sale pursuant to this Section 2.5(a) shall
      be the same as set forth in the Participation Notice, except as is
      provided in Section 2.5(c) below and except that the actual date of the
      closing of any proposed Transfer may change.

            At the closing of any proposed Transfer in respect of which a
      Participation Notice has been delivered, the Transferor, together with all
      Participating Offerees, shall deliver to the proposed transferee
      certificates evidencing the Shares to be sold thereto duly endorsed with
      stock powers and shall receive in exchange therefor the consideration to
      be paid or delivered by the proposed transferee in respect of such Shares
      as described in the Participation Notice.

            The acceptance of each Participating Offeree shall be irrevocable
      except as hereinafter provided, and each such Participating Offeree shall
      be bound and obligated to sell, on the same terms and conditions specified
      in the Participation Notice as the Transferor (subject to all of the
      provisions of this Agreement), such number of Shares as specified in such
      Participating Offeree's written commitment; provided, however, that in

                                       20
<PAGE>

      the case of Performance Options, Time Options and Rollover Options (for
      which the exercise price is less than the price per share of Common Stock
      being paid in the Transfer), the holders of such securities shall have the
      opportunity to either (i) exercise such Performance Options, Time Options
      and Rollover Options (if then exercisable) and participate in such sale as
      holders of Common Stock issuable upon such exercise or conversion, or (ii)
      upon the consummation of the sale, receive in exchange for such Options
      the amount determined by multiplying (1) the same amount of consideration
      per share of Common Stock received by the other Stockholders less the
      exercise price per share of such Performance Option, Time Option and
      Rollover Option by (2) the number of shares of Common Stock of such class
      represented by such Performance Option, Time Option or Rollover Option. In
      the event the Transferor shall be unable to obtain the inclusion in the
      sale of all Shares which the Transferor and each Participating Offeree
      desires to have included in the sale, the number of Shares to be sold in
      the sale by the Transferor and each Participating Offeree shall be reduced
      on a pro rata basis according to the proportion which the number of Shares
      which each such party desires to have included in the sale bears to the
      total number of Shares desired by all such parties to have included in the
      sale.

            The provisions of this Section 2.5 shall not in any way limit or
      affect the restrictions placed on the Stockholders by Section 2.1 and
      shall not apply to (i) any Transfer to the Company or other Stockholders
      pursuant to Section 2.1, (ii) any Transfer pursuant to Section 2.2, (iii)
      any Transfer pursuant to Section 2.3, (iv) any Transfer pursuant to
      Section 2.4 or (v) any Permitted Transfer.

      Corporate Governance.

            Board of Directors. At each annual meeting of the Stockholders and
      at each special meeting of the Stockholders called for the purpose of
      electing directors of the Company, and at any time at which stockholders
      of the Company shall have the right to, or shall, vote for directors of
      the Company, then, and in each event, the Stockholders hereby agree to
      attend each meeting in person or by proxy and hereby agree to vote stock
      of the Company and shares of the Company now owned or hereafter acquired
      by him, her or it (whether at a meeting or by written consent in lieu
      thereof) (i) to fix the number of members of the Board at up to nine (9)
      (unless the Board is expanded pursuant to Section 2.6(b) hereto, in which
      case to fix the number of members of the Board in accordance with Section
      2.6(b) hereto), and (ii) to elect and thereafter to continue in office as
      a director of the Company the following: (a) two (2) directors nominated
      by the Berkshire Stockholders (who shall initially be Richard Lubin and
      Robert Small) (collectively the "Berkshire Representatives"); (b) two (2)
      directors nominated by the WP Stockholders (who shall initially be Michael
      Cronin and Kevin Hayes) (collectively, the "WP Representatives"); (c) two
      (2) directors nominated by the Management Stockholders (who shall
      initially be Gerald Rittenberg and James Harrison) (collectively, the
      "Management Representatives"), and (d) up to three (3) directors who are
      not officers or employees of the Company, who shall be nominated by mutual
      consent of the Berkshire Stockholders (as a group), the WP Stockholders
      (as a group) and the Management Stockholders (as a group) (the "Outside
      Representatives"). As to the directors elected to the Board pursuant to
      this Section 2.6(a) or Section 2.6(b), the following provisions shall

                                       21
<PAGE>

      apply: (i) no Berkshire Representative may be removed without the consent
      of a majority in interest of the Berkshire Stockholders, except for cause
      as determined in good faith by unanimous decision of all directors other
      than the Berkshire Representatives, (ii) no WP Representative may be
      removed without the consent of a majority in interest of the WP
      Stockholders, except for cause as determined in good faith by unanimous
      decision of all directors other than the WP Representatives, (iii) no
      Management Representative may be removed without the consent of a majority
      in interest of the Management Stockholders, except for cause as determined
      in good faith by unanimous decision of all directors other than the
      Management Representatives, provided, that in the event of a determination
      by the Board pursuant to clause (i), (ii) or (iii) of this sentence to
      remove a director, each Stockholder shall take all action as may be
      necessary or appropriate, including without limitation, the voting of all
      Shares owned by such Stockholder, to effect the removal of such director.
      Any vacancy on the Board shall be filled by the designee of the
      Stockholders who would be entitled to designate such director pursuant to
      this Section 2.6(a), Section 2.6(b) or Section 2.6(c), as the case may be,
      and if there shall be no such designation right, such vacancy may be
      filled by the remaining directors. Each Stockholder shall, upon receipt of
      notice identifying such designee, take all action as may be necessary or
      appropriate, including without limitation, the voting of all Shares owned
      by such Stockholder, to elect the director so designated.

            Proportional Representation. Upon a majority vote of the holders of
      Common Stock, the composition of the directors constituting the Board of
      Directors shall be changed so that after designating directors in
      accordance with this Section 2.6(b), each of the Berkshire Stockholders,
      the WP Stockholders and the Management Stockholders shall have represented
      on the Board that number of directors (rounded up to the nearest whole
      number) represented by the percentage equal to (x) the number of shares of
      Common Stock held by such stockholder group over (y) the total number of
      shares of Common Stock held by all Stockholders. In the event that the
      size of the Board of Directors needs to be increased in order to establish
      the foregoing representation, each Stockholder shall take all action as
      may be necessary or appropriate, including without limitation, the voting
      of all Shares owned by such Stockholder, to effect the increase in the
      size of the Board. Each Stockholder agrees that such Stockholder shall
      take all action as may be necessary or appropriate, including without
      limitation, the voting of all Shares owned by them, to elect the directors
      so designated by the Stockholders as set forth in this Section 2.6(b).

            Subsidiaries; Committees. Unless the Board unanimously determines
      otherwise, the board of directors of each Subsidiary of the Company and
      the audit committee, the compensation committee and all other authorized
      committees of the Board and of each Subsidiary's board of directors shall
      be composed so that the representation thereon shall be in the same
      proportion, as nearly as may be possible (subject to any foreign law
      requirements, where applicable), as the representation of such directors
      on the Board; provided, however, that no Management Representative shall
      sit on the audit committee or the compensation committee.

            Expenses. In the discretion of the Board, each director may be paid
      such fees for his services as director and be reimbursed for his
      reasonable expenses incurred in the

                                       22
<PAGE>

      performance of his duties as director as the Board from time to time may
      determine. Nothing contained in this section shall be construed to
      preclude any director from serving the corporation in any other capacity
      and receiving reasonable compensation therefor.

      Rights of Participation.

            Rights of Participation. The Company hereby grants to each
      Stockholder so long as it shall own any Shares, the right to purchase up
      to a pro rata portion of New Securities (as defined in paragraph (b)
      below) which the Company, from time to time, proposes to sell or issue
      following the date hereof. A Stockholder's pro rata portion, for purposes
      of this Section 2.7, is the product of (i) a fraction, the numerator of
      which is the number of outstanding Shares which such Stockholder then owns
      (on a fully diluted basis after giving effect to the exercise of all
      Rollover Options, if any and the conversion of all securities convertible
      into or exchangeable for Common Stock) and the denominator of which is the
      total number of such Shares then actually outstanding (on a fully diluted
      basis after giving effect to the exercise of all Rollover Options, if any
      and the conversion of all securities convertible into or exchangeable for
      Common Stock), multiplied by (ii) the number of New Securities the Company
      proposes to sell or issue.

            Definition of New Securities. "New Securities" shall mean any Common
      Stock or other equity securities of the Company whether now authorized or
      not, any rights, options or warrants to purchase Common Stock or other
      equity securities and any indebtedness or preferred stock of the Company
      which is convertible into Common Stock or other equity securities (or
      which is convertible into a security which is, in turn, convertible into
      Common Stock or other equity securities); provided, that the term "New
      Securities" does not include (i) indebtedness of the Company which is not
      by its terms convertible into Common Stock; (ii) Common Stock issued as a
      stock dividend to all holders of Common Stock pro rata or upon any
      subdivision or combination of shares of Common Stock; (iii) Common Stock
      issued to any employee or director and approved by the Board of Directors
      and any employee or director stock options approved by the Board of
      Directors; (iv) Common Stock issued in exchange for the cancellation or
      retirement of any debt securities of the Company or in connection with any
      restructuring or other financial workout of the Company; (v) Common Stock
      or warrants to purchase Common Stock issued to non-Affiliates of the
      Company as part of a bona fide debt offering of units comprised of such
      Common Stock or warrants and a debt security of the Company; (vi) Common
      Stock issued in connection with the acquisition of another corporation or
      other entity by the Company by merger, purchase of substantially all
      assets or other reorganization; (vii) the issuance of Common Stock upon
      the exercise or conversion of any rights, options or warrants to purchase
      Common Stock; (viii) Common Stock issuable in a Public Offering; or (ix)
      Common Stock issued in respect of services provided (other than as an
      employee) to the Company or its subsidiaries and approved by the Board of
      Directors; and provided, further, that if any "New Securities" include
      Common Stock and other equity securities coupled as a package, "New
      Securities" shall mean the package of securities and not each class of
      securities individually. If and to the extent that either the Berkshire
      Stockholders or the WP Stockholders have the right to receive New
      Securities in any transaction contemplated by clauses (iv) or (vi) above,
      the

                                       23
<PAGE>

      Company will grant each Stockholder the right to purchase a pro rata
      portion of such New Securities determined as set forth in Section 2.7(a).

            Notice from the Company. In the event the Company proposes to issue
      New Securities, the Company shall give each Stockholder who has a right of
      participation under this Section 2.7 written notice of such proposal,
      describing the type of New Securities and the price and the terms upon
      which the Company proposes to issue the same. For a period of ten (10)
      business days following the delivery of such notice by the Company, the
      Company shall be deemed to have irrevocably offered to sell to each
      Stockholder its pro rata share of such New Securities for the price and
      upon the terms specified in the notice. Each Stockholder may exercise its
      rights of participation hereunder by giving written notice to the Company
      and stating therein the quantity of New Securities to be purchased. Each
      Stockholder shall also be entitled to indicate a desire to purchase all or
      a portion of any New Securities remaining after such pro rata allocation.
      If, as a result of such oversubscription right, such oversubscriptions
      exceed the total number of New Securities available in respect of such
      oversubscription right, the oversubscribing Stockholders shall be cut back
      with respect to their oversubscriptions on a pro rata basis or as they may
      otherwise agree among themselves.

            Sale by the Company. In the event that the Stockholders who have a
      right of participation under this Section 2.7 fail to commit to purchase
      all of such New Securities within said ten (10) business day period, the
      Company shall have ninety (90) days thereafter to sell the New Securities
      with respect to which the right of participation was not exercised, at a
      price and upon terms no more favorable to the purchasers thereof than
      specified in the Company's notice given pursuant to Section 2.7(c).

            Closing. The closing for any such issuance shall take place as
      proposed by the Company with respect to the New Securities to be issued,
      at which closing the Company shall deliver certificates for the New
      Securities in the respective names of the purchasing Stockholders against
      receipt of payment therefor.

      Financial and Business Information. From and after the date hereof, each
Stockholder holding more than five percent (5%) of the outstanding Shares shall
be entitled to receive from the Company, upon reasonable request, the following
information (i) as soon as practicable following the end of each fiscal quarter
of the Company, unaudited quarterly financial reports; (ii) as soon as
practicable following the end of each fiscal year of the Company, audited annual
financial reports; and (iii) when and as approved by the Board of Directors,
budgets and business plans of the Company. In addition, the Berkshire
Stockholders and the WP Stockholders shall be entitled to receive from the
Company, as soon as practicable following the end of each month, unaudited
financial results.

      Confidentiality. Each Stockholder shall maintain the confidentiality of
any confidential and proprietary information of the Company ("Proprietary
Information") using the same standard of care, but in no event less than
reasonable care, as it applies to its own confidential information, except for
any Proprietary Information which is publicly available or a matter of public
knowledge generally. Nothing herein shall prevent any Stockholder from using
Proprietary Information to enforce its rights under this Agreement or from
disclosing a

                                       24
<PAGE>

summary of Proprietary Information to the partners of such Stockholder as to the
performance of the Company.

      Approval Rights. For so long as (i) the WP Stockholders (and their
Permitted Transferees) continue to hold, in the aggregate, at least 20% of the
Shares initially acquired by the WP Stockholders upon the closing of the Merger,
the Company shall not, without the prior consent of the WP Stockholders (and
their Permitted Transferees), or (ii) the Berkshire Stockholders (and their
Permitted Transferees) continue to hold, in the aggregate, at least 20% of the
Shares initially acquired by the Berkshire Stockholders upon the closing of the
Merger, the Company shall not, without the prior consent of the Berkshire
Stockholders (and their Permitted Transferees), effect any:

            public offering other than a Qualified Initial Public Offering;

            sale of the Company (by sale of securities, merger, consolidation,
      sale of substantially all of the assets, or any similar transaction) other
      than an Approved Company Sale; or

            transaction in which the WP Stockholders and the Berkshire
      Stockholder are not entitled to be treated on a pro rata basis.

                               REGISTRATION RIGHTS

      General. For purposes of Article III: (a) the terms "register,"
"registered" and "registration" refer to a registration effected by preparing
and filing a registration statement in compliance with the 1933 Act and the
declaration or ordering of effectiveness of such registration statement; (b) the
term "Holder" means any Stockholder holding Registrable Securities; and (c) the
shares of Common Stock issuable upon the exercise of vested Time Options,
Rollover Options and vested and earned Performance Options shall be deemed to be
outstanding and held by the holders of such vested Time Options, Rollover
Options and vested and earned Performance Options.

      Demand Registration Initiated by the Berkshire Stockholders or the WP
      Stockholders.

            Subject to paragraph (b) hereof, on or after the date on which the
      Company has effected a Public Offering, if the Company shall receive a
      written request (specifying that it is being made pursuant to this Section
      3.2) by or on behalf of either Berkshire Stockholders or the WP
      Stockholders, holding an aggregate of fifty percent (50%) or more of the
      Registrable Securities held by the Berkshire Stockholders or the WP
      Stockholders, that the Company file a registration statement under the
      1933 Act, or a similar document pursuant to any other statute then in
      effect corresponding to the 1933 Act, covering the registration of at
      least the lesser of (i) $20 million of Registrable Securities (determined
      based upon the Fair Market Value of such Registrable Securities on the
      date of request), or (ii) eighty-five percent (85%) of the Registrable
      Securities then held by the Berkshire Stockholders or the WP Stockholders,
      as the case may be, then the Company shall promptly notify all other
      Holders of such request and shall use its best

                                       25
<PAGE>

      efforts to cause all Registrable Securities that the Holders have
      requested (within thirty (30) days after such Company notice) be
      registered, to be registered under the 1933 Act.

            If the total amount of Registrable Securities that the Holders
      request to be included in such offering exceeds the amount of securities
      that the underwriters reasonably believe compatible with the success of
      the offering, then the Company will include in such registration only the
      number of securities which, in the opinion of such underwriters, can be
      sold in accordance with the procedures set forth in Section 3.3(b);

            The Company shall be obligated to effect for each of the Berkshire
      Stockholders three (3) registrations of Registrable Securities pursuant to
      this Section 3.2, and the WP Stockholders two (2) registrations of
      Registrable Securities pursuant to this Section 3.2; provided, that in the
      event that, at the request of the underwriters, the amount of Registrable
      Securities that the Berkshire Stockholders or the WP Stockholders
      requested to be included in any offering is reduced by more than thirty
      percent (30%), such offering shall be deemed not to be a registration
      demanded by the Berkshire Stockholders or the WP Stockholders for purposes
      of this Section 3.2.

      Piggyback Registration; Reduction in Registration.

            If, at any time, the Company determines to register any of its
      equity securities for its own account under the 1933 Act in connection
      with a Public Offering of such securities, other than the first Public
      Offering of its Common Stock, solely for cash on a form that would also
      permit the registration of any of the Registrable Securities, the Company
      shall, at each such time, promptly give each Holder written notice of such
      determination. Upon the written request of any Holder received by the
      Company within thirty (30) days after the giving of any such notice by the
      Company, the Company shall use its best efforts to cause to be registered
      under the 1933 Act all of the Registrable Securities of such Holder that
      each Holder has requested be registered. If the total amount of
      Registrable Securities that are to be included by the Company for its own
      account and at the request of Holders exceeds the amount of securities
      that the underwriters reasonably believe compatible with the success of
      the offering, then the Company will include in such registration only the
      number of securities which in the opinion of such underwriters can be
      sold, in the following order:

            first, the equity securities to be registered on behalf of the
            Company; and

                  then the Registrable Securities requested to be included by
            the Holders, pro rata, based on the number of Registrable Securities
            owned by each of them which each of them request be included in such
            registration; provided, however, that if an underwriter who is not
            an Affiliate or Associate of any Holder, in good faith requests for
            the success of the offering, that the number of Registrable
            Securities to be sold by any Holder be apportioned or excluded, such
            number of Registrable Securities of such Holder shall be reduced or
            not included to the extent so requested by said underwriter;

                                       26
<PAGE>

            provided, however, that if in the first Public Offering of its
            Common Stock, solely for cash on a form that would also permit the
            registration of any of the Registrable Securities the Company shall
            permit any Holder to register its Registrable Securities, then the
            provisions of this clause (a) shall apply to such Public Offering as
            if it were not the first Public Offering.

                  If the Company at any time proposes to register any of its
            equity securities for the account of any Holder pursuant to Section
            3.2 or Section 3.9 of this Agreement, under the 1933 Act in
            connection with the public offering of such securities solely for
            cash on a form that would also permit the registration of any of the
            Registrable Securities, the Company shall, at each such time,
            promptly give each Holder written notice of such determination. Upon
            the written request of any Holder received by the Company within
            thirty (30) days after the giving of any such notice by the Company,
            the Company shall use its best efforts to cause to be registered
            under the 1933 Act all of the Registrable Securities of such Holder
            that such Holder has requested be registered. If the total amount of
            Registrable Securities requested to be included by the requesting
            Holders under Section 3.2 or 3.9, and at the request of the Company
            and the other Holders, exceeds the amount of securities that the
            underwriters reasonably believe compatible with the success of the
            offering, then the Company will include in such registration only
            the number of securities which in the opinion of such underwriters
            can be sold, in the following order:

                        first, the equity securities to be registered on behalf
                  of Stockholders initiating the demand, pro rata, based on the
                  number of Registrable Securities owned by each of them which
                  each of them request be included in such registration;

                        second, the equity securities to be registered on behalf
                  of the Company; and

                        third, the Registrable Securities requested to be
                  included by the other Holders, pro rata, based on the number
                  of Registrable Securities owned by each of them which each of
                  them request be included in such registration;

            provided, however, that if an underwriter who is not an Affiliate or
            Associate of any Holder or the Company, in good faith, requests for
            the success of the underwritten offering that the number of
            Registrable Securities to be sold by any Holder or the Company be
            apportioned or excluded, such number of Registrable Securities of
            such Holder or the Company shall be reduced or not included to the
            extent so requested by said underwriter.

      Obligations of the Company. Whenever required under Sections 3.2, 3.3 or
3.9 to use its best efforts to effect the registration of any Registrable
Securities, the Company shall:

            prepare and file with the SEC a registration statement with respect
      to such Registrable Securities, and use its best efforts to cause such
      registration statement to become and remain effective;

                                       27
<PAGE>

            as expeditiously as reasonably possible, prepare and file with the
      SEC such amendments and supplements to such registration statement and the
      prospectus used in connection with such registration statement as may be
      necessary to comply with the provisions of the 1933 Act with respect to
      the disposition of all securities covered by such registration statement;

            as expeditiously as reasonably possible, furnish to the Holders such
      numbers of copies of a prospectus, including a preliminary prospectus, in
      conformity with requirements of the 1933 Act, and such other documents
      they may reasonably request in order to facilitate the disposition of
      Registrable Securities owned by them;

            as expeditiously as reasonably possible, use its best efforts to
      register and qualify the securities covered by such registration statement
      under the securities or Blue Sky laws of such jurisdictions as shall be
      reasonably appropriate for the distribution of the securities covered by
      the registration statement, provided that the Company shall not be
      required in connection therewith or as a condition thereto to qualify to
      do business or to file a general consent to service of process in any such
      jurisdiction, and further provided that (anything in this Agreement to the
      contrary notwithstanding with respect to the bearing of expenses) if any
      jurisdiction in which the securities shall be qualified shall require that
      expenses incurred in connection with the qualification of the securities
      in that jurisdiction be borne by selling stockholders, then such expenses
      shall be payable by selling stockholders pro rata, to the extent required
      by such jurisdiction;

            use its best efforts to cause all Registrable Securities covered by
      such registration statement to be registered with, or approved by, such
      other governmental agencies or authorities as may be necessary to enable
      the seller or sellers thereof to consummate the disposition of such
      Registrable Securities;

            notify each seller of Registrable Securities covered by such
      registration statement, at any time when a prospectus relating thereto is
      required to be delivered under the 1933 Act, upon discovery that, or upon
      the happening of any event as a result of which, the prospectus included
      in such registration statement, as then in effect, includes an untrue
      statement of a material fact or omits to state any material fact required
      to be stated therein or necessary to make the statements therein not
      misleading in the light of the circumstances under which they were made,
      and at the request of any such seller or Holder, promptly prepare and file
      with the SEC and furnish to such seller or Holder a reasonable number of
      copies of a supplement to or an amendment of such prospectus as may be
      necessary so that, as thereafter delivered to the purchasers of such
      securities, such prospectus shall not include an untrue statement of a
      material fact or omit to state a material fact required to be stated
      therein or necessary to make the statements therein not misleading in the
      light of the circumstances under which they were made; provided, that,
      each Holder agrees that it shall not sell any Registrable Securities
      covered by such a registration statement upon notice from the Company
      until receipt of notice that such statement or omission has been
      corrected.

            otherwise use its best efforts to comply with all applicable rules
      and regulations of the SEC, and make available to its security holders, as
      soon as reasonably practicable, an

                                       28
<PAGE>

      earnings statement covering the period of at least twelve (12) months, but
      not more than eighteen (18) months, beginning with the first full calendar
      month after the effective date of such registration statement, which
      earnings statement shall satisfy the provisions of Section 11(a) of the
      1933 Act, and will furnish to each seller at least two (2) business days
      prior to the filing thereof a copy of any amendment or supplement to such
      registration statement or prospectus and shall not file any amendment or
      supplement thereof to which any such seller shall have reasonably
      objected, except to the extent required by law, on the grounds that such
      amendment or supplement does not comply in all material respects with the
      requirements of the 1933 Act or of the rules or regulations thereunder;

            provide and cause to be maintained a transfer agent and registrar
      for all Registrable Securities covered by such registration statement from
      and after a date not later than the effective date of such registration
      statement; and

            use its best efforts to list all Registrable Securities covered by
      such registration statement on a securities exchange or the NASDAQ
      National Market on which any class of Registrable Securities is then
      listed.

      Furnish Information. It shall be a condition precedent to the obligations
of the Company to take any act pursuant to this Article III that the Holders
selling Registrable Securities shall furnish to the Company such information
regarding them, the Registrable Securities held by them and the intended method
of disposition of such securities as the Company shall reasonably request and as
shall be required in connection with the action to be taken by the Company.

      Expenses of Registration. All expenses incurred in connection with a
registration pursuant to Sections 3.2, 3.3 or 3.9 (excluding underwriters'
discounts and commissions, which shall be borne by the sellers), including
without limitation all registration and qualification fees, printers' and
accounting fees, fees and disbursements of counsel for the Company (which
counsel shall be reasonably satisfactory to the holders of a majority of the
Registrable Securities then being registered), and the reasonable fees and
disbursements of one counsel for the selling Holders (which counsel shall be
selected by the Holders which own a majority of the Registrable Securities being
sold under the applicable registration) shall be borne by the Company; provided,
however, that all such expenses in connection with any amendment or supplement
to a registration statement or prospectus filed more than nine (9) months after
the effective date of such registration statement because any Holder of
Registrable Securities has not effected the disposition of the securities
requested to be registered shall be paid by such Holder; provided, further,
however, that Holders initiating a demand may withdraw any request made pursuant
to Section 3.2, in which event such first withdrawn request shall be deemed for
all purposes herein not to have been made.

      Underwriting Requirements.

            The Berkshire Stockholders and WP Stockholders will have the right
      to approve the selection of the lead underwriter for the first Public
      Offering, which approval will not be unreasonably withheld.

                                       29
<PAGE>

            Each Holder selling Registrable Securities in any registration
      pursuant to Sections 3.2 or 3.3 shall, as a condition for inclusion of
      such Registrable Securities in such underwritten registration, execute and
      deliver an underwriting agreement acceptable to the Company and consented
      to by the Berkshire Stockholders or the WP Stockholders, as the case may
      be, in the case of a registration pursuant to Section 3.2, or acceptable
      to Holders who own a majority of the Registrable Securities to be included
      in such registration, in the case of a registration pursuant to Section
      3.3, and the underwriters with respect to such registration. Such
      underwriters shall be selected (i) by the Company and consented to by the
      Berkshire Stockholders or the WP Stockholders, as the case may be, in the
      case of a registration pursuant to Section 3.2, or (ii) by a majority in
      interest of the Registrable Securities to be included in such registration
      in all other cases and shall be reasonably acceptable to the Company, in
      the case of a registration pursuant to Section 3.3. Notwithstanding the
      foregoing, each Holder shall take all action reasonably necessary with
      respect to executing such underwriting agreement, including being liable
      in respect of (i) any representations and warranties being made by each
      selling Holder, and (ii) any indemnification agreements and "lock-up"
      agreements made by each selling Holder for the benefit of the underwriters
      in such underwriting agreement; provided, however, that except with
      respect to individual representations and warranties regarding such
      matters as legal capacity or due organization of such participating
      Holder, authority to participate in the Public Offering, compliance by
      such Holder with laws and agreements applicable to it, ownership (free and
      clear of liens, charges, encumbrances and adverse claims) of Registrable
      Securities to be sold by such Holder and accuracy of information with
      respect to such Holder furnished for inclusion in any disclosure document
      relating to each Public Offering, the aggregate amount of the liabilities
      of such participating Holder pursuant to such underwriting agreement shall
      not exceed either (a) such participating Holder's pro rata portion of any
      such liability, in accordance with such participating Holder's portion of
      the total number of Registrable Securities included in the public
      offering, or (b) the net proceeds received by such participating Holder
      from the public offering.

      Indemnification. In the event any Registrable Securities are included in a
registration statement under this Article III:

            To the fullest extent permitted by law, the Company will indemnify
      and hold harmless each Holder (which term, for purposes of this Section
      3.8, shall include each Stockholder, including the Berkshire Stockholders,
      the WP Stockholders, the Management Stockholders and the Other
      Stockholders holding Registrable Securities, and shall also include the
      directors, officers and employees of the Stockholders and their
      Affiliates) requesting or joining in a registration, any underwriter (as
      defined in the 1933 Act) for a registration, and each Person, if any, who
      controls such Holder or such underwriter within the meaning of the 1933
      Act, against any and all losses, claims, damages or liabilities, joint or
      several, to which any such Holder, underwriter or Person may become
      subject under the 1933 Act or otherwise, insofar as such losses, claims,
      damages or liabilities (or actions or proceedings, whether commenced or
      threatened, in respect thereof) arise out of or are based on any untrue or
      alleged untrue statement of any material fact contained in a registration
      statement relating to a registration pursuant to this Article III,
      including any preliminary prospectus or final prospectus contained therein

                                       30
<PAGE>

      or any amendments or supplements thereto, or arise out of or are based
      upon the omission or alleged omission to state therein a material fact
      required to be stated therein, or necessary to make the statements therein
      not misleading, or arise out of any violation by the Company of the 1933
      Act or any rule or regulation promulgated under the 1933 Act applicable to
      the Company and relating to action or inaction required of the Company in
      connection with any such registration, and will reimburse each such
      Holder, underwriter or control Person for any and all legal or other
      expenses reasonably incurred by them in connection with investigating or
      defending any such loss, claim, damage, liability, action or proceeding;
      provided, however, that the indemnity agreement contained in this Section
      3.8(a) shall not apply to amounts paid in settlement of any such loss,
      claim, damage, liability, action or proceeding if such settlement is
      effected without the consent of the Company (which consent shall not be
      unreasonably withheld), nor shall the Company be liable to anyone for any
      such loss, claim, damage, liability, action or proceeding to the extent
      that it arises out of or is based upon an untrue statement or omission
      made in connection with such registration statement, preliminary
      prospectus, final prospectus or amendments or supplements thereto in
      reliance upon and in conformity with written information furnished
      expressly for use in connection with such registration by such Holder,
      underwriter or control Person. Such indemnity shall remain in full force
      and effect regardless of any investigation made by or on behalf of such
      Holder, underwriter or control Person and shall survive the transfer of
      such securities by such Holder.

            To the fullest extent permitted by law, each Holder requesting or
      joining in a registration will indemnify and hold harmless the Company,
      each of its directors, each of its officers who has signed the
      registration statement, each Person, if any, who controls the Company
      within the meaning of the 1933 Act, and each agent and any underwriter for
      the Company and any Person who controls any such agent or underwriter and
      each other Holder and any Person who controls such Holder (within the
      meaning of the 1933 Act) against any and all losses, claims, damages or
      liabilities, joint or several, to which the Company or any such director,
      officer, control Person, agent, underwriter or other Holder may become
      subject, under the 1933 Act or otherwise, insofar as such losses, claims,
      damages or liabilities (or actions or proceedings, whether commenced or
      threatened in respect thereto) arise out of or are based upon an untrue
      statement of any material fact contained in such registration statement,
      including any preliminary prospectus or final prospectus contained therein
      or any amendments or supplements thereto, or arise out of or are based
      upon the omission to state therein a material fact required to be stated
      therein or necessary to make the statements therein not misleading, in
      each case to the extent, but only to the extent, that such untrue
      statement or omission was made in such registration statement, preliminary
      or final prospectus, or amendments or supplements thereto, in reliance
      upon and in conformity with written information furnished by such Holder
      (other than information furnished by such Holder on behalf of the Company
      in his or her capacity as an officer or director of the Company) expressly
      for use in connection with such registration; and such Holder will
      reimburse the Company and each such director, officer, control Person,
      agent, underwriter or other Holder for any and all legal or other expenses
      reasonably incurred by them in connection with investigating or defending
      any such loss, claim, damage, liability, action or proceeding; provided,
      however, the indemnity obligation of each such Holder hereunder shall be
      limited to and shall not

                                       31
<PAGE>

      exceed the proceeds actually received by such Holder upon a sale of
      Registrable Securities pursuant to a registration statement hereunder; and
      provided, further that the indemnity agreement contained in this Section
      3.8(b) shall not apply to amounts paid in settlement of any such loss,
      claim, damage, liability, action or proceeding if such settlement is
      effected without the consent of such Holder (which consent shall not be
      unreasonably withheld). Such indemnity shall remain in full force and
      effect regardless of any investigation made by or on behalf of the Company
      or any such director, officer, Holder, underwriter or control Person and
      shall survive the transfer of such securities by such Holder.

            Any Person seeking indemnification under this Section 3.8 will (i)
      give prompt notice to the indemnifying party of any claim with respect to
      which it seeks indemnification (but the failure to give such notice will
      not affect the right to indemnification hereunder, unless and to the
      extent the indemnifying party is materially prejudiced by such failure)
      and (ii) unless in such indemnified party's reasonable judgment a conflict
      of interest may exist between such indemnified and indemnifying parties
      with respect to such claim, permit such indemnifying party, and other
      indemnifying parties similarly situated, jointly to assume the defense of
      such claim with counsel reasonably satisfactory to the parties. In the
      event that the indemnifying parties cannot mutually agree as to the
      selection of counsel, each indemnifying party may retain separate counsel
      to act on its behalf and at its expense. The indemnified party shall in
      all events be entitled to participate in such defense at its expense
      through its own counsel. If such defense is not assumed by the
      indemnifying party, the indemnifying party will not be subject to any
      liability for any settlement made without its consent (but such consent
      will not be unreasonably withheld). No indemnifying party will consent to
      entry of any judgment or enter into any settlement which does not include
      as an unconditional term thereof the giving by the claimant or plaintiff
      to such indemnified party of a release from all liability in respect of
      such claim or litigation. An indemnifying party who is not entitled to, or
      elects not to, assume the defense of a claim will not be obligated to pay
      the fees and expenses of more than one counsel for all parties indemnified
      by such indemnifying party with respect to such claim, unless in the
      reasonable judgment of any indemnified party a conflict of interest may
      exist between such indemnified party and any other of such indemnified
      parties with respect to such claim, in which event the indemnifying party
      shall be obligated to pay the reasonable fees and expenses of such
      additional counsel.

            If for any reason the foregoing indemnification is unavailable to
      any party or insufficient to hold it harmless as and to the extent
      contemplated by the preceding paragraphs of this Section 3.8, then each
      indemnifying party shall contribute to the amount paid or payable by the
      indemnified party as a result of such loss, claim, damage or liability in
      such proportion as is appropriate to reflect the relative benefits
      received by the applicable indemnifying party, on the one hand, and the
      applicable indemnified party, as the case may be, on the other hand, and
      also the relative fault of the applicable indemnifying party and the
      applicable indemnified party, as the case may be, as well as any other
      relevant equitable considerations.

                                       32
<PAGE>

            Registration on Form S-3. After the date on which the Company has
      effected a Public Offering, if (i) a Holder or Holders request in writing
      (specifying that such request is being made pursuant to this Section 3.9)
      that the Company file a registration statement on Form S-3 (or any
      successor form to Form S-3 regardless of its designation) for a public
      offering of securities having an aggregate value of not less than
      $1,000,000 and (ii) the Company is entitled to use such form to register
      such securities, then the Company shall file a Form S-3 with respect to
      such securities within ninety (90) days from the date of such request, and
      shall use its best efforts to cause such registration statement to become
      effective; provided, that the Company shall not be required to effect such
      registration more frequently than once every six (6) months.

            Reports Under Securities Exchange Act of 1934. With a view to making
      available to the Holders and their Permitted Transferees the benefits of
      Rule 144 promulgated under the 1933 Act and any other rule or regulation
      of the SEC that may at any time permit a Holder to sell securities of the
      Company to the public without registration, the Company agrees to use its
      best efforts to:

                  make and keep public information available, as those terms are
            understood and defined in Rule 144, at all times subsequent to
            ninety (90) days after the effective date of the first registration
            statement covering a Public Offering filed by the Company;

                  file with the SEC in a timely manner all reports and other
            documents required of the Company under the 1933 Act and the 1934
            Act; and

                  furnish to any Holder forthwith upon request a written
            statement by the Company that it has complied with the reporting
            requirements of Rule 144 (at any time after ninety (90) days after
            the effective date of said first registration statement filed by the
            Company), and of the 1933 Act and the 1934 Act (at any time after it
            has become subject to such reporting requirements), a copy of the
            most recent annual or quarterly report of the Company, and such
            other reports and documents so filed by the Company as may be
            reasonably requested in availing any Holder of any rule or
            regulation of the SEC permitting the selling of any such securities
            without registration.

            No Inconsistent Agreements. The Company represents and warrants that
      it has not entered into, and covenants that it will not hereafter enter
      into, any agreement with respect to the registration of its securities
      that is inconsistent with the rights granted to the Holders of Registrable
      Securities in this Agreement without the prior written consent of a
      majority in interest of the Holders.

            Stock Split. If, on or after the receipt by the Company of a request
      for registration of a public offering pursuant to Section 3.2, the
      proposed managing underwriter or underwriters of such offering reasonably
      believes that the number of shares to be registered is less than the
      minimum number necessary for the success of such offering, the Company
      will promptly prepare and submit to its Board of Directors, use its best
      efforts to cause to be adopted by its Board of Directors and stockholders,
      and, if so adopted, file and cause to become effective, an amendment to
      its certificate of incorporation so as to cause each share of its
      outstanding Common Stock to be converted into such number of shares of
      such Common Stock so that the

                                       33
<PAGE>

      number of shares of Registrable Securities to be registered is equal to
      the minimum number which such managing underwriter or underwriters
      reasonably believes is necessary for the success of such offering. Each
      Stockholder, together with his or its Permitted Transferees, hereby agrees
      to vote the shares of the Company's Common Stock held by him or it in
      favor of adopting such amendment.

            Timing and Other Limitations.

                  No request shall be made with respect to any registration
            pursuant to Section 3.2 within one hundred twenty (120) days
            immediately following the effective date of any registration
            statement filed pursuant to this Article III.

                  If the Company shall furnish to the Holders of Registrable
            Securities requesting a registration pursuant to Section 3.2 a
            certificate signed by a majority of the Board of Directors stating
            that in the good faith judgment of the Board of Directors, it would
            be seriously detrimental to the Company or its stockholders for such
            registration statement to be filed on or before the date filing
            would be required and it is therefore advisable to defer the filing
            of such registration statement, then the Company shall have the
            right to defer the filing of the registration statement for a period
            of not more than one hundred twenty (120) days and the request
            pursuant to Section 3.2 then made shall not be counted for purposes
            of determining the number of registrations pursuant to Section 3.2;
            provided, however, that the Company may not utilize such right more
            than once in any twelve-month period.

            Lock-up.

                  In connection with the first Public Offering of Shares, no
            holder of Shares shall Transfer any Shares for a period beginning
            seven (7) days immediately preceding the date upon which the Company
            in good faith believes that the relevant registration statement
            shall become effective, and ending on the one hundred eightieth
            (180th) day (or, at the discretion of the underwriter, such lesser
            period) following the effectiveness of such registration statement
            with respect to such Public Offering without the prior written
            consent of the underwriters managing the offering, and at the
            request of the underwriter, each holder of Shares shall enter into
            an agreement to such effect with the underwriter; provided, however,
            that the provisions of this Section 3.14 shall not prohibit any
            Permitted Transfers, provided that the Permitted Transferee agrees
            to be bound by the terms of this Agreement, including this Section
            3.14.

                  In connection with a Public Offering initiated pursuant to
            Section 3.2 hereof, at the request of the initiating Stockholder, no
            holder of Shares shall Transfer any Shares without the prior written
            consent of the underwriters managing the offering. The request made
            by the initiating Stockholder pursuant to this clause (b) shall not
            be made within sixty (60) days of the expiration of any other
            contractual lock-up period (which 60 day period shall be increased
            by the number of days the Company's insider trading window has been
            closed during such 60-day period) and shall expire ninety (90) days
            (or such shorter period to which the underwriter shall agree)
            following the effectiveness of the registration statement with
            respect to such public offering. At the request of the

                                       34
<PAGE>

            underwriter, such holder of Shares shall enter into an agreement
            with the underwriter to the effect of the foregoing. The provisions
            of this Section 3.14(b) shall not be applicable to Permitted
            Transferees of any Holder who are shareholders, partners or members,
            respectively, of such Holder, who in each case, received Shares
            after the initial Public Offering and not otherwise during any
            lock-up period, (ii) any Holder more than once during any calendar
            year, (iii) any Holder (other than the Company's directors and
            officers ) that is not provided the opportunity to include Shares in
            such Public Offering on a pro rata basis with all holders according
            to the total amount of Registrable Securities then owned by such
            holder, and (iv) any Holder who holds less than 5% of the Company's
            outstanding common stock, other than the Company's directors and
            officers.

                                  MISCELLANEOUS

            Appointment of the Management Proxy. Each of the Management
      Stockholders (other than any Executive Stockholder) hereby appoints James
      Harrison (the "Management Proxy") as the agent, proxy, and
      attorney-in-fact for the Management Stockholders (including, without
      limitation, full power and authority to act on the Management
      Stockholders' behalf) to take any action, should the Management Proxy
      elect to do so in his sole discretion: (i) to vote on all matters to be
      voted on under this Agreement, (ii) to receive all notices on behalf of
      each Management Stockholder, (iii) to execute and deliver on behalf of the
      Management Stockholders any amendment to this Agreement so long as such
      amendments shall apply to all Management Stockholders and (iv) to take all
      other actions to be taken by or on behalf of the Management Stockholders
      as a group and exercise any and all rights which the Management
      Stockholders are permitted or required to do or exercise under this
      Agreement other than exercise any rights with respect to investment
      decisions set forth in Sections 2.1(c), 2.3, 2.5, 2.7 or 3.3 hereof. Each
      of the Management Stockholders hereby agrees not to assert any claim
      against, and agrees to indemnify and hold harmless, the Management Proxy
      from and against any and all losses incurred by the Management Proxy or
      any of his Affiliates, partners, employees, agents, investment bankers or
      representatives, or any Affiliate of any of the foregoing, relating to the
      Management Proxy's capacity as the Management Proxy other than such claims
      or losses resulting from the Management Proxy's gross negligence or
      willful misconduct. By execution hereof, James Harrison hereby agrees to
      act as Management Proxy until such time as a new Management Proxy is
      elected by the majority in interest of the Management Stockholders.

            Remedies. The parties to this Agreement acknowledge and agree that
      the covenants of the Company and the Stockholders set forth in this
      Agreement may be enforced in equity by a decree requiring specific
      performance. In the event of a breach of any material provision of this
      Agreement, the aggrieved party will be entitled to institute and prosecute
      a proceeding to enforce specific performance of such provision, as well as
      to obtain damages for breach of this Agreement. Without limiting the
      foregoing, if any dispute arises concerning the Transfer of any of the
      Shares subject to this Agreement or concerning any other provisions hereof
      or the obligations of the parties hereunder, the parties to this Agreement
      agree that an injunction may be issued in connection therewith (including,
      without limitation, restraining the Transfer of

                                       35
<PAGE>

      such Shares or rescinding any such Transfer). Such remedies shall be
      cumulative and non-exclusive and shall be in addition to any other rights
      and remedies the parties may have under this Agreement or otherwise.

            Entire Agreement; Amendment; Waiver. This Agreement, together with
      the Schedule hereto, sets forth the entire understanding of the parties,
      and as of the closing contemplated by the Merger Agreement supersedes all
      prior agreements and all other arrangements and communications, whether
      oral or written, with respect to the subject matter hereof. The Schedule
      may be amended to reflect changes in the composition of the Stockholders
      as a result of Permitted Transfers or Transfers permitted under Article
      II. Amendments to the Schedule reflecting Permitted Transfers or Transfers
      permitted under Article II shall become effective when a copy of the
      Agreement as executed by any new transferee is filed with the Company,
      except as otherwise provided in Section 4.13. Any other amendments to, or
      the termination of, this Agreement shall require the prior written consent
      of a majority of the Stockholders; provided, that (a) any such amendment
      which would have an adverse effect on the Berkshire Stockholders, if such
      adverse effect would be borne solely by the Berkshire Stockholders or
      would be borne disproportionately by the Berkshire Stockholders relative
      to the other Stockholders, shall require the written consent of the
      Berkshire Stockholders holding a majority of the Shares held by the
      Berkshire Stockholders, (b) any such amendment which would have an adverse
      effect on the WP Stockholders, if such adverse effect would be borne
      solely by the WP Stockholders or would be borne disproportionately by the
      WP Stockholders relative to the Berkshire Stockholders, shall require the
      written consent of WP Stockholders holding a majority of the Shares held
      by the WP Stockholders, (c) any such amendment which would have an adverse
      effect on the Management Stockholders, if such adverse effect would be
      borne solely by the Management Stockholders or would be borne
      disproportionately by the Management Stockholders relative to the
      Berkshire Stockholders, shall require the written consent of Management
      Stockholders holding a majority of the Shares held by the Management
      Stockholders, and (d) any such amendment which would have an adverse
      effect on the Other Stockholders, if such adverse effect would be borne
      solely by the Other Stockholders or would be borne disproportionately by
      the Other Stockholders relative to the Berkshire Stockholders, shall
      require the written consent of Other Stockholders holding a majority of
      the Shares held by the Other Stockholders. Without the consent of the
      Management Stockholders holding a majority of the Shares held by the
      Management Stockholders, no amendment may be made to Section 2.2. Without
      the consent of each Executive Stockholder, no amendment may be made to
      Section 2.3. Without the consent of the Berkshire Stockholders and the WP
      Stockholders, no amendment may be made to Section 2.10 and 3.2.
      Notwithstanding any provisions to the contrary contained herein, any party
      may waive any rights with respect to which such party is entitled to
      benefits under this Agreement. No waiver of or consent to any departure
      from any provision of this Agreement shall be effective unless signed in
      writing by the party entitled to the benefit thereof.

            Severability. It is the desire and intent of the parties that the
      provisions of this Agreement be enforced to the fullest extent permissible
      under the laws and public policies applied in each jurisdiction in which
      enforcement is sought. Accordingly, the invalidity or unenforceability of
      any particular provision of this Agreement shall not affect the other
      provisions hereof, and this Agreement shall be construed in all respects
      as if the invalid or unenforceable provision were omitted. Notwithstanding
      the foregoing, if such provision could

                                       36
<PAGE>

      be more narrowly drawn so as not to be invalid or unenforceable in such
      jurisdiction, it shall, as to such jurisdiction, be so more narrowly
      drawn, without invalidating the remaining provisions of this Agreement or
      affecting the validity or enforceability of such provision in any other
      jurisdiction.

            Notices. All notices or other communications required or permitted
      to be given hereunder shall be in writing and shall be delivered in the
      manner specified herein or, in the absence of such specification, shall be
      deemed to have been duly given seven (7) days after mailing by certified
      mail, when delivered by hand, upon confirmation of receipt by telecopy, or
      one (1) business day after sending by overnight delivery service, to the
      respective addresses of the parties set forth below:

                  For notices and communications to the Company to:

                           AAH Holdings Corporation
                           c/o Berkshire Partners LLC
                           One Boston Place
                           Boston, MA 02108
                           Attention: Mr. Robert J. Small
                           Facsimile: (617) 227-6105

                           with a copy to:

                           Ropes & Gray
                           One International Place
                           Boston, MA 02110
                           Attention: David C. Chapin, Esq.
                           Facsimile: (617) 951-7050

                  for notices and communications to the Berkshire Stockholders,
            to their respective addresses set forth in the Schedule, with a copy
            to:

                           Ropes & Gray
                           One International Place
                           Boston, Massachusetts 02110
                           Attention: David C. Chapin, Esq.
                           Facsimile: (617) 951-7050

                  for notices and communications to the WP Stockholders, to
            their respective address set forth in the Schedule, with a copy to:

                           Ropes & Gray
                           One International Place
                           Boston, Massachusetts 02110
                           Attention: David C. Chapin, Esq.
                           Facsimile: (617) 951-7050

                                       37
<PAGE>

                  for notices and communications to any Management Stockholders,
         to their respective addresses set forth in the Schedule, with a copy
         to:

                           AAH Holdings Corporation
                           c/o Berkshire Partners LLC
                           One Boston Place
                           Boston, MA 02108
                           Attention:  Mr. Robert J. Small
                           Facsimile:  (617) 227-6105

                  for notices and communications to any Other Stockholders, to
            their respective addresses set forth in the Schedule.

By notice complying with the foregoing provisions of this Section 4.5, each
party shall have the right to change the mailing address for future notices and
communications to such party.

            Binding Effect; Assignment. This Agreement shall be binding upon and
      inure to the benefit of the parties hereto and to their respective
      transferees, successors and assigns; provided, however, that no right or
      obligation under this Agreement may be assigned except as expressly
      provided herein, it being understood that the Company's rights hereunder
      may be assigned by the Company to any corporation which is the surviving
      entity in a merger, consolidation or like event involving the Company. No
      such assignment shall relieve an assignor of its obligations hereunder.

            Governing Law. This Agreement shall be governed by the law of the
      State of New York (regardless of the laws that might otherwise govern
      under applicable New York principles of conflicts of law) as to all
      matters, including but not limited to matters of validity, construction,
      effect, performance and remedies.

            Termination. Without affecting any other provision of this Agreement
      requiring termination of any rights in favor of any Stockholder or any
      transferee of Shares, the provisions of Article II shall terminate as to
      such Stockholder or transferee, when, pursuant to and in accordance with
      this Agreement, such Stockholder or transferee, as the case may be, no
      longer owns any Shares (including Rollover Shares or Acquired Shares),
      Performance Options, Rollover Options or Time Options; provided, that
      termination pursuant to this Section 4.8. shall only occur in respect of a
      Stockholder after all Permitted Transferees in respect thereof also no
      longer own any Shares. Notwithstanding the foregoing, Article II shall
      terminate upon the earlier of a Change in Control or the consummation of a
      Public Offering; provided, that the Company shall be obligated to
      consummate the purchase of any vested Time Options, Rollover Options and
      vested and earned Performance Options which have been called pursuant to
      Section 2.2, or put pursuant to Section 2.3, prior to such termination,
      but have not otherwise been paid for as of such date.

            Recapitalizations, Exchanges, Etc. The provisions of this Agreement
      shall apply, to the full extent set forth herein with respect to Shares,
      to any and all shares of capital stock of the Company or any successor or
      assign of the Company (whether by merger, consolidation, sale

                                       38
<PAGE>

      of assets or otherwise) which may be issued in respect of, in exchange
      for, or in substitution of the Shares, by reason of a stock dividend,
      stock split, stock issuance, reverse stock split, combination,
      recapitalization, reclassification, merger, consolidation or otherwise.

            Action Necessary to Effectuate the Agreement. The parties hereto
      agree to take or cause to be taken all such corporate and other action as
      may be necessary to effect the intent and purposes of this Agreement.

            Purchase for Investment; Legend on Certificate. Each of the parties
      acknowledges that all of the Shares held by such party are being (or have
      been) acquired for investment and not with a view to the distribution
      thereof and that no transfer, hypothecation or assignment of Shares may be
      made except in compliance with applicable federal and state securities
      laws. All the certificates of Shares which are now or hereafter owned by
      the Stockholders and which are subject to the terms of this Agreement
      shall have endorsed in writing, stamped or printed, thereon the following
      legend:

                  "The securities represented by this Certificate have not been
                  registered under the Securities Act of 1933, as amended, and
                  may not be sold, offered for sale, pledged or hypothecated in
                  the absence of an effective registration statement as to the
                  securities under said Act or an opinion of counsel
                  satisfactory to the Company and its counsel that such
                  registration is not required."

                  "The securities represented by this Certificate are subject to
                  the terms and conditions, including certain restrictions on
                  transfer, of a Stockholders Agreement dated as of April 30,
                  2004, as amended from time to time, and none of such
                  securities, or any interest therein, shall be transferred,
                  pledged, encumbered or otherwise disposed of except as
                  provided in that Agreement. A copy of the Stockholders
                  Agreement is on file with the Clerk of the Company and will be
                  mailed to any properly interested person without charge within
                  five (5) business days after receipt of a written request."

            All shares shall also bear all legends required by federal and state
      securities laws.

            Effectiveness of Transfers. All Shares transferred by a Stockholder
      (other than pursuant to an effective registration statement under the 1933
      Act or pursuant to a Rule 144 transaction) shall, except as otherwise
      expressly stated herein, be held by the transferee thereof subject to this
      Agreement. Such transferee shall, except as otherwise expressly stated
      herein, have all the rights and be subject to all of the obligations of a
      Stockholder under this Agreement (as though such party had so agreed
      pursuant to Section 4.13) automatically and without requiring any further
      act by such transferee or by any parties to this Agreement. Without
      affecting the preceding sentence, if such transferee is not a Stockholder
      on the date of such transfer, then such transferee, as a condition to such
      transfer, shall confirm such transferee's obligations hereunder in
      accordance with Section 4.13. No Shares shall be transferred on the
      Company's books and records, and no transfer of Shares shall be otherwise

                                       39
<PAGE>

      effective, unless any such transfer is made in accordance with the terms
      and conditions of this Agreement, and the Company is hereby authorized by
      all of the Stockholders to enter appropriate stop transfer notations on
      its transfer records to give effect to this Agreement.

            Other Stockholders. Subject to the restrictions on transfers of
      Shares contained herein, any Person who is not already a Stockholder
      acquiring Shares, shall, on or before the transfer or issuance to it of
      Shares, sign a counterpart or joinder to this Agreement in form reasonably
      satisfactory to the Company and shall thereby become a party to this
      Agreement to be bound hereunder as (i) a Berkshire Stockholder if a
      transferee (other than the Company or a WP Stockholder) of a Berkshire
      Stockholder, (ii) a WP Stockholder if a transferee (other than the Company
      or a Berkshire Stockholder) of a WP Stockholder, (iii) a Management
      Stockholder if a transferee (other than the Company) of a Management
      Stockholder or (iv) an Other Stockholder if such transferee (other than
      the Company, a Berkshire Stockholder or a WP Stockholder) does not fall
      within clause (i), (ii) or (iii) above. Each such additional Stockholder
      shall be listed on the Schedule, as amended from time to time.

            No Waiver. No course of dealing and no delay on the part of any
      party hereto in exercising any right, power or remedy conferred by this
      Agreement shall operate as waiver thereof or otherwise prejudice such
      party's rights, powers and remedies. No single or partial exercise of any
      rights, powers or remedies conferred by this Agreement shall preclude any
      other or further exercise thereof or the exercise of any other right,
      power or remedy.

            Costs and Expenses. Each party shall pay its own costs and expenses
      incurred in connection with this Agreement, and any and all other
      documents furnished pursuant hereto or in connection herewith.

            Counterpart. This Agreement may be executed in two or more
      counterparts each of which shall be deemed an original but all of which
      together shall constitute one and the same instrument, and all signatures
      need not appear on any one counterpart.

            Headings. All headings and captions in this Agreement are for
      purposes of reference only and shall not be construed to limit or affect
      the substance of this Agreement.

            Third Party Beneficiaries. Nothing in this Agreement is intended or
      shall be construed to entitle any Person other than the Company and the
      Stockholders to any claim, cause of action, right or remedy of any kind.

            Consent to Jurisdiction. The Company and each of the Stockholders,
      by its, his or her execution hereof, (i) hereby irrevocably submit to the
      exclusive jurisdiction of the federal courts in the State of New York for
      the purposes of any claim or action arising out of or based upon this
      Agreement or relating to the subject matter hereof, (ii) hereby waive, to
      the extent not prohibited by applicable law, and agree not to assert by
      way of motion, as a defense or otherwise, in any such claim or action, any
      claim that it or he is not subject personally to the jurisdiction of the
      above-named courts, that its, his or her property is exempt or immune from
      attachment or execution, that any such proceeding brought in the
      above-named court is improper or that this Agreement or the subject matter
      hereof may not be enforced in or by such court and (iii) hereby agree not
      to commence any claim or action arising out of or based upon

                                       40
<PAGE>

      this Agreement or relating to the subject matter hereof other than before
      the above-named courts nor to make any motion or take any other action
      seeking or intending to cause the transfer or removal of any such claim or
      action to any court other than the above-named courts whether on the
      grounds of inconvenient forum or otherwise. The Company and each of the
      Stockholders hereby consent to service of process in any such proceeding,
      and agree that service of process by registered or certified mail, return
      receipt requested, at its address specified pursuant to Section 4.5 is
      reasonably calculated to give actual notice.

            WAIVER OF JURY TRIAL. TO THE EXTENT NOT PROHIBITED BY APPLICABLE LAW
      WHICH CANNOT BE WAIVED, EACH PARTY HERETO HEREBY WAIVES AND COVENANTS THAT
      IT WILL NOT ASSERT (WHETHER AS PLAINTIFF, DEFENDANT OR OTHERWISE) ANY
      RIGHT TO TRIAL BY JURY IN ANY FORUM IN RESPECT OF ANY ISSUE OR ACTION,
      CLAIM, CAUSE OF ACTION OR SUIT (IN CONTRACT, TORT OR OTHERWISE), INQUIRY,
      PROCEEDING OR INVESTIGATION ARISING OUT OF OR BASED UPON THIS AGREEMENT OR
      THE SUBJECT MATTER HEREOF OR IN ANY WAY CONNECTED WITH OR RELATED OR
      INCIDENTAL TO THE TRANSACTIONS CONTEMPLATED HEREBY, IN EACH CASE WHETHER
      NOW EXISTING OR HEREAFTER ARISING. EACH PARTY HERETO ACKNOWLEDGES THAT IT
      HAS BEEN INFORMED BY THE OTHER PARTIES HERETO THAT THIS SECTION 4.20
      CONSTITUTES A MATERIAL INDUCEMENT UPON WHICH THEY ARE RELYING AND WILL
      RELY IN ENTERING INTO THIS AGREEMENT. ANY PARTY HERETO MAY FILE AN
      ORIGINAL COUNTERPART OR A COPY OF THIS SECTION 4.20 WITH ANY COURT AS
      WRITTEN EVIDENCE OF THE CONSENT OF EACH SUCH PARTY TO THE WAIVER OF ITS
      RIGHT TO TRIAL BY JURY.

            [The rest of this page has intentionally been left blank]

                                       41
<PAGE>

      IN WITNESS WHEREOF, each of the stockholders of AAH Holdings Corporation
has duly executed this Stockholders Agreement (or caused this Stockholders
Agreement to be executed on its behalf by its officer or representative
thereunto duly authorized) as of the date first above written.

                                      THE COMPANY:

                                      AAH HOLDINGS CORPORATION

                                      By: /s/ Robert J. Small
                                         -------------------------------------
                                      Name: Robert J. Small
                                      Title: President

                                      BERKSHIRE STOCKHOLDERS:

                                      BERKSHIRE FUND V INVESTMENT CORP.

                                      By: /s/ Robert J. Small
                                         -------------------------------------
                                      Name: Robert J. Small
                                      Title: Vice President

                                      BERKSHIRE FUND VI INVESTMENT CORP.

                                      By: /s/ Robert J. Small
                                         -------------------------------------
                                      Name: Robert J. Small
                                      Title: Vice President

                                      Berkshire Investors LLC

                                      By: /s/ Robert J. Small
                                         -------------------------------------
                                      Name: Robert J. Small
                                      Title: Managing Director

<PAGE>
                                      WP STOCKHOLDERS:

                                      WESTON PRESIDIO CAPITAL IV, L.P.

                                      By: Weston Presidio Capital
                                          Management IV, LLC, its general
                                          partner

                                      By: /s/ Kevin M. Hayes
                                         -------------------------------------
                                      Name: Kevin M. Hayes
                                      Title: Member

                                      WPC ENTREPRENEUR FUND II, L.P.

                                      By: Weston Presidio Capital Management IV,
                                          LLC, its general partner

                                      By: /s/ Kevin M. Hayes
                                         -------------------------------------
                                      Name: Kevin M. Hayes
                                      Title: Member

<PAGE>

                               OTHER STOCKHOLDERS:

                                      SPECIALTY INVESTMENT I, LLC

                                      By: /s/ Alan R. Goldstein
                                         -------------------------------------
                                      Name:  Alan R. Goldstein
                                      Title: CFO and Manager

<PAGE>

                                      SQUAM LAKE INVESTORS VI, LP

                                      By: /s/ Bill Doherty
                                         -------------------------------------
                                      Name:  Bill Doherty
                                      Title: Vice President

                                      SUNAPEE SECURITIES, INC.

                                      By: /s/ Mary Welch
                                         -------------------------------------
                                      Name:  Mary Welch
                                      Title: Assistant Treasurer

                                      WABAN INVESTORS II, LP

                                      By: /s/ Gordon A. Bean
                                         -------------------------------------
                                      Name:  Gordon A. Bean
                                      Title: Assistant Clerk

<PAGE>

                                      RGIP, LLC

                                      By: /s/ R. Bradford Malt
                                         -------------------------------------
                                      Name:  R. Bradford Malt
                                      Title: Managing Member

<PAGE>

                                        MANAGEMENT STOCKHOLDERS:

                                        /s/ Gerald Rittenberg
                                        ---------------------------------------
                                        Gerald Rittenberg

                                        /s/ James Harrison
                                        ---------------------------------------
                                        James Harrison

                                        /s/ James Dotti
                                        ---------------------------------------
                                        James Dotti

                                        /s/ Katherine A. Kurtz
                                        ---------------------------------------
                                        Katherine A. Kurtz

                                        /s/ Diane D. Spaar
                                        ---------------------------------------
                                        Diane D. Spaar

<PAGE>

                                      /s/ Paul Ansolabehere
                                      ----------------------------------------
                                      Paul Ansolabehere

                                      /s/ Sheldon Babyatsky
                                      ----------------------------------------
                                      Sheldon Babyatsky

                                      /s/ Fred Berg
                                      ----------------------------------------
                                      Fred Berg

                                      /s/ Laura Bucci
                                      ----------------------------------------
                                      Laura Bucci

                                      /s/ John Conlon
                                      ----------------------------------------
                                      John Conlon

                                      /s/ Michael Correale
                                      ----------------------------------------
                                      Michael Correale

                                      /s/ Kerry Cusato
                                      ----------------------------------------
                                      Kerry Cusato

                                      /s/ Ken Danforth
                                      ----------------------------------------
                                      Ken Danforth

<PAGE>

                                      /s/ Margaret Davis
                                      -----------------------------------------
                                      Margaret Davis

                                      /s/ Barbara Devos
                                      -----------------------------------------
                                      Barbara Devos

                                      /s/ Dawn Dodge
                                      -----------------------------------------
                                      Dawn Dodge

                                      /s/ James Dotti
                                      -----------------------------------------
                                      James Dotti

                                      /s/ Dorothy Dyer
                                      -----------------------------------------
                                      Dorothy Dyer

                                      /s/ Willard Finch
                                      -----------------------------------------
                                      Willard Finch

                                      /s/ James Flanagan
                                      -----------------------------------------
                                      James Flanagan

                                      /s/ Rose Giagrande
                                      -----------------------------------------
                                      Rose Giagrande

                                      /s/ Marie Gransbury
                                      -----------------------------------------
                                      Marie Gransbury

                                      /s/ Randy Harris
                                      -----------------------------------------
                                      Randy Harris

<PAGE>

                                      /s/ Deborah Hatley
                                      -----------------------------------------
                                      Deborah Hatley

                                      /s/ Sean Hersey
                                      -----------------------------------------
                                      Sean Hersey

                                      /s/ Derek Itzla
                                      -----------------------------------------
                                      Derek Itzla

                                      /s/ Paula Kochon
                                      -----------------------------------------
                                      Paula Kochon

                                      /s/ Scott Lametto
                                      -----------------------------------------
                                      Scott Lametto

                                      /s/ Craig Leaf
                                      -----------------------------------------
                                      Craig Leaf

                                      /s/ William Mark
                                      -----------------------------------------
                                      William Mark

                                      /s/ Jackie Mather
                                      -----------------------------------------
                                      Jackie Mather

                                      /s/ Karen McKenzie
                                      -----------------------------------------
                                      Karen McKenzie

<PAGE>

                                      /s/ Michael Mostrom
                                      -----------------------------------------
                                      Michael Mostrom

                                      /s/ Cindi Olsen
                                      -----------------------------------------
                                      Cindi Olsen

                                      /s/ James Plutt
                                      -----------------------------------------
                                      James Plutt

                                      /s/ George Reichel
                                      -----------------------------------------
                                      George Reichel

                                      /s/ Paul Rosenbaum
                                      -----------------------------------------
                                      Paul Rosenbaum

                                      /s/ Maria Rubeo
                                      -----------------------------------------
                                      Maria Rubeo

                                      /s/ Christine Sacramone
                                      -----------------------------------------
                                      Christine Sacramone

                                      /s/ David Sherman
                                      -----------------------------------------
                                      David Sherman

<PAGE>

                                      /s/ Mark Sifferlin
                                      -----------------------------------------
                                      Mark Sifferlin

                                      /s/ MaryLynn Slusher
                                      -----------------------------------------
                                      MaryLynn Slusher

                                      /s/ Keith Spaar
                                      -----------------------------------------
                                      Keith Spaar

                                      /s/ Greg Stack
                                      -----------------------------------------
                                      Greg Stack

                                      /s/ Eric Stollman
                                      -----------------------------------------
                                      Eric Stollman

                                      /s/ Angela Stroh
                                      -----------------------------------------
                                      Angela Stroh

                                      /s/ Walter Thompson
                                      -----------------------------------------
                                      Walter Thompson

                                      /s/ Scott Van Reeth
                                      -----------------------------------------
                                      Scott Van Reeth

                                      /s/ Patrick Venuti
                                      -----------------------------------------
                                      Patrick Venuti

                                      /s/ Deborah Warren
                                      -----------------------------------------
                                      Deborah Warren

<PAGE>

                                      /s/ Craig Wiechman
                                      -----------------------------------------
                                      Craig Wiechman

                                      /s/ Robert Yedowitz
                                      -----------------------------------------
                                      Robert Yedowitz

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