Exhibit 1
JOINT FILING AGREEMENT
This will confirm the agreement by and among all the undersigned
that the Statement on Schedule 13D filed on or about this date and any
further amendments thereto with respect to beneficial ownership by the
undersigned of the shares of the common stock, par value $.01 per share, of
Packaging Dynamics Corporation, a Delaware corporation, is being filed on
behalf of each of the undersigned in accordance with Rule 13d-1(k)(1) under
the Securities Exchange Act of 1934.
The undersigned further agree that each party hereto is
responsible for timely filing of such Statement on Schedule 13D and any
further amendments thereto, and for the completeness and accuracy of the
information concerning such party contained therein, provided that no party
is responsible for the completeness and accuracy of the information
concerning the other party. The undersigned further agree that this
agreement shall be included as an Exhibit to such joint filing.
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.
[Signature page follows.]
IN WITNESS WHEREOF, the undersigned have caused this agreement to
be signed by their respective officers thereunto duly authorized as of the
date set forth opposite their name.
Dated: July 10, 2002
DCBS INVESTORS, L.L.C.
By: /s/ G. Xxxxxxx Xxxxxxxxx
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Name: G. Xxxxxxx Xxxxxxxxx
Title: Managing Member
CB INVESTORS, L.L.C.
By: DCBS INVESTORS, L.L.C.
By: /s/ G. Xxxxxxx Xxxxxxxxx
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Name: G. Xxxxxxx Xxxxxxxxx
Title: Managing Member of
DCBS Investors, L.L.C.