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This Addendum shall become a binding obligation on the parties upon execution by all <br />parties. By executing this Addendum, the parties hereto ratify and confirm all of the other terms, <br />covenants and conditions of the Security Agreement. Should any provision of this Addendum be <br />in conflict with a provision of the Agreement, the Addendum shall prevail. <br /> <br />Executed as of the __ day of ,2003. <br /> <br />PARIS PACKAGING, INC. <br /> <br />By: <br /> Debtor <br /> <br />PARIS ECONOMIC DEVELOPMENT CORPORATION <br /> <br />By: <br /> Secured Party <br /> <br /> <br />