SECOND AMENDMENT TO THE RIVERWOOD INTERNATIONAL EMPLOYEES RETIREMENT PLAN (As Amended and Restated Effective January 1, 2015)

Definitions. For purposes of this Section, each of the following terms when capitalized has the respective meaning set forth below:

Eligible Participant. An “Eligible Participant” is a vested Member who meets all of the requirements described in Subsections (A) through (F) below:

The Member had a termination of employment with the Employer and all Affiliated Employers with a vested Pension, either:

Prior to April 1, 2014, and the Member did not satisfy the eligibility requirement of Section 5.07(a)(i)(G);

Prior to April 1, 2014, and satisfied the eligibility requirements of Section 5.07 but did not elect to commence his or her Pension solely because the Member was not sent distribution paperwork; or

After March 31, 2014 and prior to May 29, 2015 and has not been reemployed by the Employer or an Affiliated Employer on or before the Special Annuity

The Member is not receiving benefits under a long-term disability plan of the Employer or an Affiliated Employer;

The Member has not attained his or her Normal Retirement Date on or before the Special Annuity Starting Date;

The Member has not commenced his or her benefit as of an Annuity Starting Date prior to the Special Annuity Starting Date;

No portion of the Member’s Accrued Benefit is subject to a qualified domestic relations order or other lien that is in effect or pending as of the Special Annuity Starting Date; and

As of the Special Annuity Starting Date, the Member had not deceased.

Special Annuity Starting Date. The “Special Annuity Starting Date” means November 1, 2015.

Window Election Deadline. The “Window Election Deadline” means the earlier of (i) the date that is 60 days after an Eligible Participant initiates the process of commencing benefits under this Section, or (ii) December 1, 2015.

Window Initiation Period. The “Window Initiation Period” means the period beginning on August 17, 2015 and ending on October 2, 2015.

Payment Options for Eligible Participants. The following provisions apply to Eligible Participants who commence their Plan benefits under this Section:

Retirement-Eligible Participant. An Eligible Participant who, as of the Special Annuity Starting Date, is eligible to commence an early retirement Pension under Section 4.03 or a vested Pension under Section 4.05 as of the Special Annuity Starting Date, may elect to receive his or her Pension benefit in the form of a lump-sum payment pursuant to this Section or in any form of benefit otherwise available to the Eligible Participant under Section 5.02.

Non-Retirement-Eligible Participant. An Eligible Participant who, as of the Special Annuity Starting Date, is otherwise not eligible to

if the Eligible Participant is married on the Special Annuity Starting Date, a Qualified Joint and Survivor Annuity, or

if the Eligible Participant is married on the Special Annuity Starting Date, a 75% joint and survivor annuity under Section 5.02(c) with the Eligible Participant’s Spouse as his Beneficiary.

Spousal Consent Requirements. An Eligible Participant’s election to waive the normal form of benefit under Section 5.01(b) is subject to Spousal Consent.

Calculation of Benefits.

Retirement-Eligible Participant. With respect to an Eligible Participant described in subsection (b)(i) hereof, the benefit payable under this Section shall be calculated under the provisions of the Plan that generally apply to the calculation of such benefit, but disregarding any limitation on the amount of lump sums otherwise payable under the terms of the Plan.

Non-Retirement-Eligible Participant. With respect to an Eligible Participant described in subsection (b)(ii) hereof, the benefit payable under this Section shall be of Equivalent Actuarial Value to the Eligible Participant’s Accrued Benefit using the actuarial assumptions for calculating lump sums.

Election Procedures. An Eligible Participant’s election to commence benefits under this Section must be made in accordance with procedures established by the Retirement Committee. An Eligible Participant’s election to receive payment under this Section must be (i) initiated by the Eligible Participant no later than the last day of the Window Initiation Period and (ii) completed by returning an election form postmarked on or before the Window Election Deadline, unless a later date is required by law due to a delay in the delivery of the election notice to the Eligible Participant. An Eligible Participant who does not notify the Retirement Committee of a change in his or her address by the date established by the Retirement Committee in order for the Eligible Participant to commence a benefit with an Annuity Starting Date on the Special Annuity Starting Date, shall not be eligible to commence his or her