Exhibit 10 ---------- PACKAGING DYNAMICS CORPORATION 2002 LONG-TERM INCENTIVE STOCK PLAN NONQUALIFIED STOCK OPTION AGREEMENT THIS AGREEMENT (the "Agreement"), made effective as of the 31st day of December 31, 2004 (hereinafter called the "Date of...Nonqualified Stock Option Agreement • January 10th, 2005 • Packaging Dynamics Corp • Plastics products, nec • Delaware
