WAIVER AND FOURTH AMENDMENT TO STANDBY PURCHASE AND NOTE SUPPORT AGREEMENTPurchase and Note Support Agreement • March 17th, 2003 • Louisiana Pacific Corp • Sawmills & planting mills, general • California
THIS WAIVER AND FOURTH AMENDMENT (this "Fourth Amendment"), dated as of July 23, 2002, is entered into by and among LOUISIANA-PACIFIC CORPORATION, a Delaware Corporation ("L-P"), BANK OF AMERICA, N.A., a national banking association ("BofA"), and CANADIAN IMPERIAL BANK OF COMMERCE, a Canadian chartered bank ("CIBC"). RECITALS:
FIRST SUPPLEMENTAL INDENTURELouisiana Pacific Corp • March 17th, 2003 • Sawmills & planting mills, general
First supplemental Indenture dated as of July 22, 2002 ("First Supplemental Indenture") by and between Louisiana-Pacific Canada Ltd. ("Louisiana-Pacific Canada"), a company incorporated under the laws of British Columbia, and Laurentian Trust of Canada Inc., a trust company incorporated under the laws of Québec, as trustee (the "Trustee"), to the Senior Installment Note Indenture dated as of September 14, 1999 between Louisiana-Pacific Acquisition Inc. ("Louisiana-Pacific Acquisition"), Louisiana-Pacific Corporation (the "Guarantor"), and the Trustee (the "Indenture"). Unless otherwise defined herein, all capitalized terms used in this First Supplemental Indenture have the respective meanings set forth in the Indenture.
FOURTH AMENDMENT TO LIMITED WAIVER AND AMENDMENT TO CREDIT AGREEMENTCredit Agreement • March 17th, 2003 • Louisiana Pacific Corp • Sawmills & planting mills, general • New York
This Fourth Amendment to Limited Waiver and Amendment to Credit Agreement (this "Amendment"), dated as of November 13, 2002, is entered into by LP Receivables Corporation ("LP Receivables"), Louisiana-Pacific Corporation ("LP"), Wachovia Bank, National Association (f/k/a Wachovia Bank, N.A.) ("Wachovia"), as Administrative Agent, Committed Bank and Liquidity Bank, and Blue Ridge Asset Funding Corporation (the "Lender").
THIRD AMENDMENT TO 2001 LP CANADA CREDIT AGREEMENTCredit Agreement • March 17th, 2003 • Louisiana Pacific Corp • Sawmills & planting mills, general • British Columbia
LOUISIANA-PACIFIC CANADA LTD., a British Columbia company having an office at 2100 - 1075 West Georgia Street, Vancouver, British Columbia, V6E 3G2
SECOND AMENDMENT TO 2001 LP CANADA CREDIT AGREEMENT (Dated for reference November 30, 2001)Credit Agreement • March 17th, 2003 • Louisiana Pacific Corp • Sawmills & planting mills, general • British Columbia
LOUISIANA-PACIFIC CANADA LTD., a British Columbia company having an office at 2100 - 1075 West Georgia Street, Vancouver, British Columbia, V6E 3G2
FIFTH AMENDMENTLouisiana Pacific Corp • March 17th, 2003 • Sawmills & planting mills, general • New York
THIS FIFTH AMENDMENT (this "Amendment"), dated as of February 25, 2003, is entered into by and among LOUISIANA-PACIFIC CORPORATION, a Delaware corporation (the "Borrower"), BANK OF AMERICA, N.A., as agent for the Lenders (the "Administrative Agent") and those financial institutions parties to the Credit Agreement as defined below (collectively, the "Lenders") signatory hereto.
QuickLinks -- Click here to rapidly navigate through this documentLouisiana Pacific Corp • March 17th, 2003 • Sawmills & planting mills, general
Re: Standby Purchase and Note Support Agreement, dated as of August 16, 1999 among Louisiana-Pacific Corporation, a Delaware Corporation ("L-P"), Bank of America, N.A., a national banking association ("BofA"), and Canadian Imperial Bank of Commerce, a Canadian chartered bank ("CIBC") (as amended or modified from time to time including, without limitation, pursuant to the Waiver and First Amendment to Standby Purchase and Note Support Agreement, dated as of July 18, 2001, the Second Amendment to Standby Purchase and Note Support Agreement dated as of November 15, 2001, the Consent and Third Amendment to Standby Purchase and Note Support Agreement dated as of December 30, 2001, and the Waiver and Fourth Amendment to Standby Purchase and Note Support Agreement dated as of July 23, 2002, the "Agreement").
FIRST AMENDMENT TO RECEIVABLES SALE AGREEMENTReceivables Sale Agreement • March 17th, 2003 • Louisiana Pacific Corp • Sawmills & planting mills, general
This First Amendment to Receivables Sale Agreement (this "Agreement") is made and entered into on December , 2001, by Louisiana-Pacific Corporation ("Louisiana-Pacific"), LP Wood Polymers, Inc. ("LP Wood," and together with Louisiana-Pacific, the "Originators") and LP Receivables Corporation ("Buyer").
CONSENT AND FIRST AMENDMENTLouisiana Pacific Corp • March 17th, 2003 • Sawmills & planting mills, general
THIS CONSENT AND FIRST AMENDMENT (this "Consent"), dated as of December 30, 2001, is entered into by and among LOUISIANA-PACIFIC CORPORATION, a Delaware corporation (the "Borrower"), BANK OF AMERICA, N.A., as agent for the Lenders (the "Administrative Agent") and those financial institutions parties to the Credit Agreement as defined below (collectively, the "Lenders") signatory hereto.
CONSENT AND THIRD AMENDMENT TO STANDBY PURCHASE AND NOTE SUPPORT AGREEMENTPurchase and Note Support Agreement • March 17th, 2003 • Louisiana Pacific Corp • Sawmills & planting mills, general • California
THIS CONSENT AND THIRD AMENDMENT (this "Third Amendment"), dated as of December 30, 2001, is entered into by and among LOUISIANA-PACIFIC CORPORATION, a Delaware Corporation ("L-P"), BANK OF AMERICA, N.A., a national banking association ("BofA"), and CANADIAN IMPERIAL BANK OF COMMERCE, a Canadian chartered bank ("CIBC").
QuickLinks -- Click here to rapidly navigate through this documentLouisiana Pacific Corp • March 17th, 2003 • Sawmills & planting mills, general
Re: Standby Purchase and Note Support Agreement, dated as of August 16, 1999 among Louisiana-Pacific Corporation, a Delaware Corporation ("L-P"), Bank of America, N.A., a national banking association ("BofA"), and Canadian Imperial Bank of Commerce, a Canadian chartered bank ("CIBC") (as amended or modified from time to time including, without limitation, pursuant to the Waiver and First Amendment to Standby Purchase and Note Support Agreement, dated as of July 18, 2001, the Second Amendment to Standby Purchase and Note Support Agreement dated as of November 15, 2001, the Consent and Third Amendment to Standby Purchase and Note Support Agreement dated as of December 30, 2001, and the Waiver and Fourth Amendment to Standby Purchase and Note Support Agreement dated as of July 23, 2002, the "Agreement").
QuickLinks -- Click here to rapidly navigate through this documentLouisiana Pacific Corp • March 17th, 2003 • Sawmills & planting mills, general
Re: Standby Purchase and Note Support Agreement, dated as of August 16, 1999 among Louisiana-Pacific Corporation, a Delaware Corporation ("L-P"), Bank of America, N.A., a national banking association ("BofA"), and Canadian Imperial Bank of Commerce, a Canadian chartered bank ("CIBC") (as amended or modified from time to time, the "Agreement").
