Common Contracts

2 similar Support Agreement contracts by Tembec Inc, Tembec Industries Inc

SUPPORT AGREEMENT
Support Agreement • December 19th, 2007 • Tembec Inc • Pulp mills • Ontario

This support agreement (the "Support Agreement") sets out the agreement among: (a) Tembec Inc. ("Parent"); (b) Tembec Industries Inc. ("Industries"); (c) Tembec Enterprises Inc. ("TEI", together with Parent and Industries, the "Companies"); and (d) the other signatory hereto (subject to Section 11(a), the "Consenting Noteholder"), being a holder of Industries’ 8.625% unsecured senior notes due June 2009, 8.5% unsecured senior notes due February 2011 and/or 7.75% unsecured senior notes due March 2012 (collectively, the "Notes"; all holders of the Notes are collectively referred to as the "Noteholders"), regarding the principal aspects of a recapitalization of the Companies (the "Recapitalization") and a new term loan, as more fully described in the term sheet attached hereto as Schedule A (the "Term Sheet", with the terms agreed to and set out therein being the "Recapitalization Terms"), which Recapitalization and Term Sheet are intended to form the basis of a plan of arrangement (the "

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SUPPORT AGREEMENT
Support Agreement • December 19th, 2007 • Tembec Industries Inc • Sawmills & planting mills, general • Ontario

This support agreement (the "Support Agreement") sets out the agreement among: (a) Tembec Inc. ("Parent"); (b) Tembec Industries Inc. ("Industries"); (c) Tembec Enterprises Inc. ("TEI", together with Parent and Industries, the "Companies"); and (d) the other signatory hereto (subject to Section 11(a), the "Consenting Noteholder"), being a holder of Industries’ 8.625% unsecured senior notes due June 2009, 8.5% unsecured senior notes due February 2011 and/or 7.75% unsecured senior notes due March 2012 (collectively, the "Notes"; all holders of the Notes are collectively referred to as the "Noteholders"), regarding the principal aspects of a recapitalization of the Companies (the "Recapitalization") and a new term loan, as more fully described in the term sheet attached hereto as Schedule A (the "Term Sheet", with the terms agreed to and set out therein being the "Recapitalization Terms"), which Recapitalization and Term Sheet are intended to form the basis of a plan of arrangement (the "

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