0001047469-06-006713 Sample Contracts

RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • May 9th, 2006 • Cellu Tissue Holdings, Inc. • Paper mills • Delaware

This restricted stock agreement (this "Agreement") is made as of March 27, 2006 (the "Grant Date"), by Cellu Paper Holdings, Inc., a Delaware corporation, (the "Company") and Steven Ziessler (the "Participant").

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AGREEMENT AND PLAN OF MERGER dated as of May 8, 2006 among CELLU PARENT CORPORATION, CELLU ACQUISITION CORPORATION, and CELLU PAPER HOLDINGS, INC.
Agreement and Plan of Merger • May 9th, 2006 • Cellu Tissue Holdings, Inc. • Paper mills • New York

THIS AGREEMENT AND PLAN OF MERGER, dated as of May 8, 2006 (this “Agreement”), is entered into by and among Cellu Parent Corporation, a Delaware corporation (“Parent”), Cellu Acquisition Corporation, a Delaware corporation (“Merger Sub”), and Cellu Paper Holdings, Inc., a Delaware corporation (the “Company”).

CELLU TISSUE HOLDINGS, INC. LETTERHEAD]
Cellu Tissue Holdings, Inc. • May 9th, 2006 • Paper mills

This One-Time Bonus shall be subject to forfeiture if your employment is terminated on or prior to September 27, 2006 for any reason, other than due to your death or Disability (as defined in the Employment Agreement) (a "Termination Event"). Within 30 days following a Termination Event on or prior to September 27, 2006, you shall repay the Company the One-Time Bonus. The Company shall be entitled to offset any amounts owing to you from the Company under your Employment Agreement or otherwise in order to recoup the One-Time Bonus.

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