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                                                                    EXHIBIT 10.2

                                  SCHAWK, INC.
                          STOCK OPTION GRANT AGREEMENT

<TABLE>
<CAPTION>
GRANTED TO:   GRANT DATE:   NUMBER OF SHARES   OPTION PRICE
-----------   -----------   ----------------   ------------
<S>           <C>           <C>                <C>
XXXXXX           XXXXX            XXXX             XXXX
</TABLE>

Granted by the Option Committee ("Committee") on _________, pursuant to the 2006
Long-Term Incentive Plan ("Plan").

                               SECTION I - PURPOSE

     The purpose of this Stock Option ("Option") is to compensate for services
rendered as an employee of Schawk, Inc. or one of its subsidiaries or divisions
(collectively referred to as the "Companies") and to provide an incentive for
the continuation of efforts for the success of the Companies.

                            SECTION II - DEFINITIONS

(a)  Participant

     "Participant" means _____________.

(b)  Share

     "Share" means a share of Schawk, Inc. Class A Common stock, $.008 par
     value.

(c)  Option

     "Option" means the right of the Participant to purchase a specified number
     of Shares, subject to terms and conditions of the Option.

(d)  Option Date

     "Option Date" means the date upon which the Option is granted to the
     Participant and shall be _________, 20__.

(e)  Option Price

     "Option Price" is the $____ per Share.

                          SECTION III - ADMINISTRATION

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     The Committee shall have complete authority to construe and interpret this
Option as stated more fully in the Plan. The Committee shall take all steps and
make all determinations in connection with the Option and the Option granted
thereunder as they may deem necessary or advisable. It is intended that the
Option granted hereunder will be an "incentive stock option" under Section
422(b) of the Internal Revenue Code of 1986, as now in force or hereafter
amended (hereinafter referred to as the "Code").

                            SECTION IV - STOCK OPTION

     The Companies agree to sell the Participant a total of _____ Shares at
$____ per Share subject to the conditions set forth in this Option.

     _____ Shares of authorized but unissued Schawk, Inc. Class A common stock
will be reserved as needed for issuance upon the exercise of the options under
this Option.

                         SECTION V - GRANTING OF OPTION

     At the _________, 20__ meeting, the Committee approved the granting of an
Option to the Participant to purchase _____ Shares under this Option at a price
of $____ per Share until _________, 20__, such price being the average of the
high and low price of a Share as reported on the New York Stock Exchange for
_________, 20__.

                       SECTION VI - CONDITIONS OF OPTIONS

(a)  Unless the Companies have the right to cancel as provided in Section XIV or
     Section XV, __% of the Shares covered under the Option shall be exercisable
     at _________, 20__, __% at _________, 20__, and ___% at _________, 20__
     (each a "Vested Percentage"). The number of Shares available for purchase
     pursuant to the Option is as follows:

<TABLE>
<CAPTION>
                                     Cumulative
                  Number of Shares     Shares
Date Option          That Can be     Subject to
Exercisable           Exercised       Exercise
-----------       ----------------   ----------
<S>               <C>                <C>
_________, 20__          XXX             XXX
_________, 20__          XXX             XXX
_________, 20__          XXX             XXX
</TABLE>

(b)  The term of the Option shall be until _________, 20__, provided the
     Participant is an employee of the Companies on that date. The Participant
     shall have the right to exercise his Option to the extent exercisable for a
     period of three months after termination. All Options shall expire to the
     extent they are unexercised at the end of the three-month period following
     such termination.

(c)  In the event of the Participant's death during employment, the
     Participant's estate or other persons who acquire the right to exercise his
     Options by reason of his death, can exercise his Option to extent
     exercisable at death within three months after Participant's death.

(d)  Pursuant to the requirements of Section 422(d) of the Code, to the extent
     that the value of any portion of this Option that first becomes exercisable
     during any calendar year (when aggregated with

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     simultaneously or previously granted options from the Companies that are
     intended to be "incentive stock options" that also first become exercisable
     during such calendar year) exceeds $100,000 (determined at the time this
     Option, and any such aggregated options, are granted), the portion of this
     Option with a value in excess of $100,000 will not be an "incentive stock
     option" under Section 422(b) of the Code.

(e)  At this time in order to qualify for benefits of Section 422(a) of the
     Code, the Shares acquired by the Participant pursuant to the exercise of
     the Option must not be disposed of prior to the expiration of both (i) two
     years from the Option Date, and (ii) one year from the date Shares were
     acquired pursuant to this exercise of this Option. The following are not
     unauthorized disposition of Shares of the Companies: (i) transfers to an
     estate or by request or inheritance; (ii) transfers pursuant to an
     insolvency proceeding; (iii) pledge or hypothecation; and (iv) acquisition
     of the Shares by the Participant and another in joint tenancy.

                SECTION VII - METHOD OF EXERCISING STOCK OPTIONS

     In order to exercise the Option in whole or in part, the Participant shall
give written notice to the Companies of his intention to exercise his Option in
whole or in part and shall accompany his notice with payment in full, by cash or
stock, for such number of Shares. The Participant may also, to the extent
permitted by the Committee, exercise the Option pursuant to a cashless exercise
program.

     Payment of all or any portion of the Option Price may be made in stock.
Payment in Shares may be made by the transfer of Shares owned by the Participant
to the extent that such payment does not require surrender of a fractional
Share. Shares shall be valued at the average price on the date of the
Participant's written notice to the Companies or if not traded on such a date,
on the first subsequent date it is traded. The Participant will take all steps
required by the Companies to effect such transfer.

                 SECTION VIII - RESTRICTIONS ON STOCK TRANSFERS

     The Committee shall have the right to require the Participant and any or
all persons in whose name Shares shall be issued, pursuant to the exercise of an
Option, to represent that it is their intention to hold any and all Shares of
the Companies purchased pursuant to such Option for investment and not with a
view to the distribution or resale thereof or to agree that such Shares will not
be sold except in accordance with restrictions or limitations imposed by federal
and state securities laws or in any legends restricting transfer of Shares as
may be set forth on the certificates representing such Shares.

                       SECTION IX - RIGHTS AS STOCKHOLDER

     The Participant shall have no rights whatsoever as a stockholder with
respect to any Shares covered by his Options until the date of the issuance of a
stock certificate to him for such Shares. No adjustment shall be made for cash
dividends or other rights for which the record date is prior to the date such
stock certificate is issued.

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                   SECTION X - STOCK OPTIONS NOT TRANSFERABLE

     The Options granted under this Option are not transferable by the
Participant other than by will or by the laws of descent and distribution, and
are exercisable during the Participant's lifetime only by him. No Option shall
be pledged or hypothecated in any way, and no Option shall be subject to
execution, attachment or other similar process.

                             SECTION XI - EMPLOYMENT

     Nothing in this Option shall be deemed to grant any right of continued
employment or membership on the Board of Directors to the Participant or to
limit or waive the Companies' rights to terminate Participant's employment at
any time, with or without cause. The stockholders' right to refrain from
re-electing a Director-Participant shall not be affected by this Option.

                 SECTION XII - EFFECT OF RECAPITALIZATION, ETC.

     The aggregate number of Shares on which Options are granted thereunder, the
number of Shares thereof covered by this Option and the price per Share thereof
in this Option shall all be proportionately adjusted for any increase or
decrease in the number of issued shares of common stock of the Companies
resulting from a subdivision or consolidation of shares or any other capital
adjustment or the payment of a stock dividend or any other increase or decrease
in number of such shares effected without receipt of consideration by the
Companies. If the Companies distribute any stock of any subsidiary as a
dividend, the Participant shall be given any Option on such subsidiary's stock
reflecting this Option on the Companies' stock.

                        SECTION XIII - CHANGE IN CONTROL

     If there is a Change in Control of the Companies (as described in the
Plan), all Options granted to the Participant under this Agreement and all
un-expired options under prior agreements will become fully vested and
immediately exercisable.

               SECTION XIV - THE COMPANIES' RIGHT OF CANCELLATION

     The Companies shall have the right to cancel the Option upon the execution
of an agreement to transfer all or substantially all of Schawk, Inc.'s stock or
assets, whether by sale, merger, consolidation or otherwise, by payment to the
Participant of the fair market value of the Option. As used herein, the fair
market value of the Option shall be the difference between the diluted price per
Share under such agreement and the exercise price of the Option ($____ per
Share) multiplied by the number of Shares to which the Option applies. If such
diluted sales price is less than $____ per Share, this Option shall
automatically be canceled at such sale closing.

               SECTION XV - CANCELLATION ON EMPLOYMENT TERMINATION

     If the Participant terminates employment with the Company for any reason
other than Cause, the Participant will forfeit any Options that are not yet
vested. If the Participant's employment is terminated for Cause (as defined
below), the Participant's Vested Percentage shall be 0%, and he/she shall
forfeit all Options.

     "Cause" means, as determined in the sole discretion of the Committee, a
Participant's (1) commission of a felony; (2) dishonesty or misrepresentation
involving the Company; (3) serious misconduct in the performance or
non-performance of a Participant's responsibilities to the Company; (4)
violation of a material

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condition of employment; (5) unauthorized use of trade secrets or confidential
information; (6) aiding a competitor of the Company.

     Dated as of the ___ day of _________, 20__.

Schawk, Inc.

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                                      -5-exv10w3

 

	 	 	 	 	 

FIRST AMENDMENT TO CREDIT AGREEMENT

     THIS AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is entered into as of October 12,
2006, by and between FIRST INTERSTATE BANCSYSTEM, INC., a Montana corporation (“Borrower”), and
WELLS FARGO BANK, NATIONAL ASSOCIATION (“Bank”).

RECITALS

     WHEREAS, Borrower is currently indebted to Bank pursuant to the terms and conditions of that
certain Credit Agreement between Borrower and Bank dated as of June 30, 2005, as amended from time
to time (“Credit Agreement”).

     WHEREAS, Bank and Borrower have agreed to certain changes in the terms and conditions set
forth in the Credit Agreement and have agreed to amend the Credit Agreement to reflect said
changes.

     NOW, THEREFORE, for valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree that the Credit Agreement shall be amended as follows:

     1. Section 4.10 (d) is hereby deleted in its entirety, and the following substituted
therefor:

     “4.10 (d) Borrower on a consolidated basis, and for bank
subsidiary on an individual basis, must maintain its categorization as
Well Capitalized as defined by regulatory agencies having jurisdiction,
which, pursuant to Section 38 of the Federal Deposit Insurance Act
(created by Section 131 of the Federal Deposit Insurance Corporation
Improvement Act (FDICIA) of 1991) (entitled “Prompt Corrective Action”)
(herein, “Section 38”), considers an institution “Well Capitalized”,
among other things, if its Total Risk-Based Capital Ratio equals or
exceeds 10%, its Tier 1 Risk-Based Capital equals or exceeds 6% and its
Leverage equals or exceeds 5%. As used herein, “Total Risk-Based Capital
Ratio”, “Tier 1 Risk-Based Capital” and “Leverage” shall be defined and
calculated in conformity with Section 38.”

     2. Section 5.6 is hereby deleted in its entirety, and the following substituted
therefor:

     “SECTION 5.6. DIVIDENDS, DISTRIBUTIONS.
Declare or pay any dividend or distribution either in cash, stock
or any other property on Borrower’s stock now or hereafter outstanding,
where the aggregate amount of such dividend, distribution in any fiscal
year so long as not in excess of fifty percent (50%) of Borrower’s
consolidated net income for said fiscal year.”

     3. Except as specifically provided herein, all terms and conditions of the Credit
Agreement remain in full force and effect, without waiver or
modification. All terms defined in the Credit Agreement shall have the same meaning when used in this Amendment. This Amendment
and the Credit Agreement shall be read together, as one document.

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     4. Borrower hereby remakes all representations and warranties contained in the Credit
Agreement and reaffirms all covenants set forth therein. Borrower further certifies that as of the
date of this Amendment there exists no Event of Default as defined in the Credit Agreement, nor
any condition, act or event which with the giving of notice or the passage of time or both would
constitute any such Event of Default.

     IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of
the day and year first written above.

	 	 	 	 	 	 	 	 	 	 	 
	FIRST INTERSTATE BANCSYSTEM, INC.	 	 	 	WELLS FARGO BANK, 
     NATIONAL ASSOCIATION	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

Title:

	 	/s/ Abram M. Stevens
 

Senior Vice President, Finance
	 	 
	 	By:
	 	/s/ David Schmaltz
 

David Schmaltz 

Vice President
	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	 Abram M. Stevens
 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Title: Senior Vice President, Finance	 	 	 	 	 	 	 	 

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