THIRD AMENDMENT TO EMPLOYMENT AGREEMENT

Exhibit 10.39

THIRD AMENDMENT TO EMPLOYMENT AGREEMENT

This Third Amendment (this “Third Amendment”), being made and effective as of March 12, 2009, is to the Employment Agreement dated December 30, 2005, by and between Henry R. Baughman (the “Executive”) and SGS International, Inc., a Delaware corporation (the “Company”), as amended by an Amendment dated as of January 15, 2006 and a Second Amendment dated as of August 9, 2006 (as heretofore amended, the “Agreement”). All capitalized terms which are used in this Third Amendment and are not defined herein shall have the meaning ascribed to them in the Agreement.

1. Section 2 of the Agreement is hereby amended by deleting such section in its entirety and replacing it with the following:

Employment Term . The “Employment Term” hereunder shall commence on the date set forth above and shall continue in full force and effect until the fifth (5th) anniversary of the date hereof unless terminated earlier pursuant to the terms and conditions of this Agreement. For avoidance of doubt, suc